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Condensed Consolidated Statements of Operations - USD ($)
$ in Millions
3 Months Ended 6 Months Ended
Jun. 30, 2016
Jun. 30, 2015
Jun. 30, 2016
Jun. 30, 2015
Revenues:        
Net investment income $ 372.7 $ 340.2 $ 729.2 $ 691.7
Fee income 180.1 198.3 353.3 390.5
Premiums 124.1 12.3 492.0 36.1
Broker-dealer commission revenue 43.9 59.7 87.6 119.5
Net realized capital gains (losses):        
Total other-than-temporary impairments (1.0) (2.4) (8.3) (3.5)
Less: Portion of other-than-temporary impairment losses recognized in Other comprehensive income (loss) 0.1 0.0 0.1 0.8
Net other-than-temporary impairments recognized in earnings (1.1) (2.4) (8.4) (4.3)
Other net realized capital gains (losses) (63.1) (62.6) (113.4) (91.2)
Total net realized capital gains (losses) (64.2) (65.0) (121.8) (95.5)
Other revenue 0.9 2.8 (0.2) 0.8
Total revenues 657.5 548.3 1,540.1 1,143.1
Benefits and expenses:        
Interest credited and other benefits to contract owners/policyholders 374.7 166.7 986.0 404.1
Operating expenses 198.4 192.8 401.5 382.2
Broker-dealer commission expense 43.9 59.7 87.6 119.5
Net amortization of Deferred policy acquisition costs and Value of business acquired (1.2) 29.6 (3.2) 52.1
Total benefits and expenses 615.8 448.8 1,471.9 957.9
Income (loss) before income taxes 41.7 99.5 68.2 185.2
Income tax expense (benefit) 10.4 25.5 16.4 49.2
Net income (loss) $ 31.3 $ 74.0 $ 51.8 $ 136.0