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Deferred Policy Acquisition Costs and Value of Business Acquired (Tables)
 3 Months Ended
Mar. 31, 2016
Deferred Policy Acquisition Costs and Value of Business Acquired [Abstract]  
Deferred Policy Acquisition Costs and Value of Business Acquired
The following tables present a rollforward of DAC and VOBA for the periods indicated:
 
2016
 
DAC
 
VOBA
 
Total
Balance as of January 1, 2016
$
520.4

 
$
708.7

 
$
1,229.1

Deferrals of commissions and expenses
18.3

 
1.4

 
19.7

Amortization:
 
 
 
 
 
Amortization
(9.4
)
 
(11.4
)
 
(20.8
)
Interest accrued(1)
9.3

 
13.5

 
22.8

Net amortization included in the Condensed Consolidated Statements of Operations
(0.1
)
 
2.1

 
2.0

Change due to unrealized capital gains/losses on available-for-sale securities
(88.0
)
 
(133.5
)
 
(221.5
)
Balance as of March 31, 2016
$
450.6

 
$
578.7

 
$
1,029.3


 
2015
 
DAC
 
VOBA
 
Total
Balance as of January 1, 2015
$
396.5

 
$
526.8

 
$
923.3

Deferrals of commissions and expenses
18.7

 
1.5

 
20.2

Amortization:
 
 
 
 
 
Amortization
(28.3
)
 
(17.4
)
 
(45.7
)
Interest accrued(1)
9.0

 
14.2

 
23.2

Net amortization included in the Condensed Consolidated Statements of Operations
(19.3
)
 
(3.2
)
 
(22.5
)
Change due to unrealized capital gains/losses on available-for-sale securities
(35.7
)
 
(44.1
)
 
(79.8
)
Balance as of March 31, 2015
$
360.2

 
$
481.0

 
$
841.2

(1) Interest accrued at the following rates for VOBA: 5.5% to 7.0% during 2016 and 2015.