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Accumulated Other Comprehensive Income (Loss)
 9 Months Ended
Sep. 30, 2012
Comprehensive Income (Loss), Net of Tax, Attributable to Parent [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
$
2,221.3

 
$
1,340.5

Equity securities, available-for-sale
12.3

 
14.9

Derivatives
221.0

 
156.1

DAC/VOBA and sales inducements adjustment on available-for-sale securities
(834.6
)
 
(562.2
)
Premium deficiency reserve adjustment
(117.0
)
 
(93.8
)
Unrealized capital gains (losses), before tax
1,503.0

 
855.5

Deferred income tax asset (liability)
(460.4
)
 
(208.7
)
Unrealized capital gains (losses), after tax
1,042.6

 
646.8

Pension and other post-employment benefits liability, net of tax
11.6

 
8.1

AOCI
$
1,054.2

 
$
654.9



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
$
692.1

 
388.4

Equity securities, available-for-sale
(0.8
)
 
(6.1
)
Derivatives
47.3

 
155.6

DAC/VOBA and sales inducements adjustment on available-for-sale securities
(231.0
)
 
(199.8
)
Premium deficiency reserve adjustment
(52.2
)
 
(32.9
)
Change in unrealized gains/losses on securities, before tax
455.4

 
305.2

Deferred income tax asset/liability
(154.5
)
 
(53.0
)
Change in unrealized gains/losses on securities, after tax
300.9

 
252.2

 
 
 
 
Change in OTTI, before tax
10.6

 
18.3

Deferred income tax asset/liability
(3.7
)
 
(6.4
)
Change in OTTI, after tax
6.9

 
11.9

 
 
 
 
Pension and other post-employment benefit liability, before tax
(1.7
)
 
(0.1
)
Deferred income tax asset/liability
0.6

 
0.4

Pension and other post-employment benefit liability, after tax
(1.1
)
 
0.3

 
 
 
 
Net change in AOCI, after tax
$
306.7

 
$
264.4



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)
$
346.5

 
$
281.9

Less: reclassification adjustment for gains (losses) and other items included in Net income (loss)(2)
38.7

 
65.8

Change in deferred tax valuation allowance
—

 
48.0

Net change in unrealized capital gains/losses on securities
$
307.8

 
$
264.1

(1) Pretax net unrealized capital gains/losses arising during the period were $524.6 and $422.0 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 $58.6 and $98.5 for the nine months ended September 30, 2012 and 2011, respectively.

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