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Accumulated Other Comprehensive Income (Loss)
 9 Months Ended
Sep. 30, 2012
Equity [Abstract]  
Accumulated Other Comprehensive Income (Loss)
Accumulated Other Comprehensive Income (Loss)

Shareholder’s equity included the following components of AOCI as of September 30, 2012 and 2011.

 
2012
 
2011
 
 
 
(As revised)
Fixed maturities, net of OTTI
$
2,002.3

 
$
1,165.3

Equity securities, available-for-sale
3.3

 
(1.4
)
Derivatives
(0.8
)
 
(4.5
)
DAC/VOBA and sales inducements adjustment on available-for-sale securities
(1,325.8
)
 
(902.5
)
Other investments
(35.4
)
 
(35.5
)
Unrealized capital gains (losses), before tax
643.6

 
221.4

Deferred income tax asset (liability)
(206.7
)
 
43.2

Unrealized capital gains (losses), after tax
436.9

 
264.6

Pension liability, net of tax
1.1

 
1.1

AOCI
$
438.0

 
$
265.7



Changes in AOCI, net of DAC, VOBA and tax, related to changes in unrealized capital gains (losses) on securities, including securities pledged, were as follows for the nine months ended September 30, 2012 and 2011.

 
2012
 
2011
 
 
 
(As revised)
Fixed maturities
$
657.9

 
$
452.4

Equity securities, available-for-sale
2.4

 
(8.3
)
Derivatives
0.3

 
(4.8
)
DAC/VOBA and sales inducements adjustment on available-for-sale securities
(191.7
)
 
(392.4
)
Other investments
0.2

 
0.2

Change in unrealized gains/losses on securities, before tax
469.1

 
47.1

Deferred income tax asset/liability
(284.7
)
 
44.1

Change in unrealized gains/losses on securities, after tax
184.4

 
91.2

 
 
 
 
Change in OTTI, before tax
13.3

 
30.5

Deferred income tax asset /liability
(4.7
)
 
(10.7
)
Change in OTTI, after tax
8.6

 
19.8

 
 
 
 
Pension and other post-employment benefit liability, before tax
(0.2
)
 
(0.2
)
Deferred income tax asset /liability
0.1

 
0.1

Pension and other post-employment benefit liability, after tax
(0.1
)
 
(0.1
)
 
 
 
 
Net change in AOCI, after tax
$
192.9

 
$
110.9



Changes in unrealized capital gains/losses on securities, including securities pledged and noncredit impairments, as recognized in AOCI , reported net of DAC, VOBA and income taxes, were as follows for the nine months ended September 30, 2012 and 2011.

 
2012
 
2011
 
 
 
(As revised)
Net unrealized capital gains/losses arising during the period(1)
$
404.6

 
$
88.2

Less: reclassification adjustment for gains (losses) and other items included in Net income (loss)(2)
91.1

 
38.2

Change in deferred tax valuation allowance and other tax adjustments(3)
(120.5
)
 
61.0

Net change in unrealized capital gains/losses on securities
$
193.0

 
$
111.0

(1) 
Pretax net unrealized capital gains/losses arising during the period were $622.6 and $136.9, for the nine months ended September 30, 2012 and 2011, respectively.
(2) 
Pretax reclassification adjustments for gains (losses) and other items included in Net income (loss) were $140.2 and $59.3, for the nine months ended September 30, 2012 and 2011, respectively.
(3) 
These amounts include amounts allocated to Other Comprehensive Income in accordance with the exception described in ASC 740-20-45-7.

The reclassification adjustments for gains (losses) and other items included in Net income (loss) in the above table are generally determined by FIFO methodology.