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Accumulated Other Comprehensive Income (Loss) (Tables)
 12 Months Ended
Dec. 31, 2012
Equity [Abstract]  
Schedule of Accumulated Other Comprehensive Income (Loss)
Shareholder’s equity included the following components of AOCI as of December 31, 2012, 2011 and 2010.
 
2012
 
2011
 
2010
Fixed maturities, net of OTTI
$
2,190.9

 
$
1,518.7

 
$
933.8

Equity securities, available-for-sale
13.5

 
13.1

 
21.0

Derivatives
215.2

 
173.7

 
0.5

DAC/VOBA and sales inducements adjustments on available-for-sale securities
(810.6
)
 
(603.6
)
 
(362.4
)
Premium deficiency reserve adjustment
(152.6
)
 
(64.8
)
 
(61.0
)
Other investments
—

 
—

 
0.1

Unrealized capital gains (losses), before tax
1,456.4

 
1,037.1

 
532.0

Deferred income tax asset (liability)
(444.6
)
 
(302.3
)
 
(149.3
)
Unrealized capital gains (losses), after tax
1,011.8

 
734.8

 
382.7

Pension and other post-employment benefits liability, net of tax
11.2

 
12.7

 
7.8

AOCI
$
1,023.0

 
$
747.5

 
$
390.5
Schedule of Comprehensive Income (Loss)
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 years ended December 31, 2012, 2011 and 2010.
 
2012
 
2011
 
2010
Fixed maturities
$
661.6

 
563.6

 
813.1

Equity securities, available-for-sale
0.4

 
(7.9
)
 
8.2

Derivatives
41.5

 
173.2

 
0.5

DAC/VOBA and sales inducement adjustment on available-for-sale securities
(207.0
)
 
(241.2
)
 
(295.3
)
Premium deficiency reserve adjustment
(87.8
)
 
(3.8
)
 
(61.0
)
Other investments
—

 
(0.1
)
 
0.1

Change in unrealized gains/losses on securities, before tax
408.7

 
483.8

 
465.6

Deferred income tax asset/liability
(138.6
)
 
(145.5
)
 
(82.2
)
Change in unrealized gains/losses on securities, after tax
270.1

 
338.3

 
383.4

 
 
 
 
 
 
Change in OTTI, before tax
10.6

 
21.3

 
(12.7
)
Deferred income tax asset/liability
(3.7
)
 
(7.5
)
 
4.4

Change in OTTI, after tax
6.9

 
13.8

 
(8.3
)
 
 
 
 
 
 
Pension and other post-employment benefit liability, before tax
(2.2
)
 
7.6

 
(1.4
)
Deferred income tax asset/liability
0.7

 
(2.7
)
 
0.5

Pension and other post-employment benefit liability, after tax
(1.5
)
 
4.9

 
(0.9
)
 
 
 
 
 
 
Net change in AOCI, after tax
$
275.5

 
$
357.0

 
$
374.2
Unrealized Gain (Loss) on Investments
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 years ended December 31, 2012, 2011 and 2010.
 
2012
 
2011
 
2010
Net unrealized capital gains/losses arising during the year(1)
$
320.6

 
$
408.8

 
$
335.6

Less: reclassification adjustment for gains (losses) and other items included in Net income (loss)(2)
43.6

 
78.7

 
29.2

Change in deferred tax valuation allowance
—

 
22.0

 
68.7

Net change in unrealized capital gains/losses on securities
$
277.0

 
$
352.1

 
$
375.1

(1) Pretax net unrealized capital gains/losses arising during the period were $485.4, $625.1 and $495.7 for the years ended December 31, 2012, 2011 and 2010, respectively.
(2) Pretax reclassification adjustments for gains (losses) and other items included in Net income (loss) were $66.1, $120.0 and $42.8 for the years ended December 31, 2012, 2011 and 2010, respectively.