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Deferred Policy Acquisition Costs and Value of Business Acquired (Tables)
3 Months Ended
Mar. 31, 2014
Deferred Policy Acquisition Costs and Value of Business Acquired [Abstract]  
Deferred Policy Acquisition Costs and Value of Business Acquired
Activity within deferred policy acquisition costs ("DAC") and value of business acquired ("VOBA") was as follows for the periods indicated:
 
DAC
 
VOBA
 
Total
Balance at January 1, 2014
$
476.2

 
$
696.6

 
$
1,172.8

Deferrals of commissions and expenses
16.3

 
1.9

 
18.2

Amortization:
 
 
 
 
 
Amortization
(17.2
)
 
(26.7
)
 
(43.9
)
Interest accrued(1)
8.9

 
15.2

 
24.1

Net amortization included in the Condensed Consolidated Statements of Operations
(8.3
)
 
(11.5
)
 
(19.8
)
Change in unrealized capital gains/losses on available-for-sale securities
(54.8
)
 
(79.2
)
 
(134.0
)
Balance at March 31, 2014
$
429.4

 
$
607.8

 
$
1,037.2


 
DAC
 
VOBA
 
Total
Balance at January 1, 2013
$
296.5

 
$
381.4

 
$
677.9

Deferrals of commissions and expenses
19.2

 
1.8

 
21.0

Amortization:
 
 
 
 
 
Amortization
(18.5
)
 
(23.5
)
 
(42.0
)
Interest accrued(1)
8.2

 
15.2

 
23.4

Net amortization included in the Condensed Consolidated Statements of Operations
(10.3
)
 
(8.3
)
 
(18.6
)
Change in unrealized capital gains/losses on available-for-sale securities
30.0

 
68.1

 
98.1

Balance at March 31, 2013
$
335.4

 
$
443.0

 
$
778.4

(1) Interest accrued at the following rates for VOBA: 5.5% to 7.0% during 2014 and 1.0% to 7.0% during 2013.