Segment Information

6 Months Ended

Jun. 30, 2017

Segment Reporting [Abstract]

Segment Information

The Company conducts and manages its business through four segments. The three operating segments, representing the major lines of business, are: Property and Casualty segment, primarily personal lines automobile and homeowners insurance products; Retirement segment, primarily tax-qualified fixed and variable annuities; and Life segment, life insurance. The Company does not allocate the impact of corporate-level transactions to these operating segments, consistent with the basis for management’s evaluation of the results of those segments, but classifies those items in the fourth segment, Corporate and Other. In addition to ongoing transactions such as corporate debt service, net realized investment gains and losses and certain public company expenses, such items also have included corporate debt retirement costs/gains, when applicable. Summarized financial information for these segments is as follows:

($ in thousands)	Three Months Ended June 30,						Six Months Ended June 30,
	2017			2016			2017			2016
Insurance premiums and contract charges earned
Property and Casualty	$	160,460		$	153,673		$	318,778		$	305,793
Retirement	6,759			6,098			13,360			12,166
Life	28,499			28,589			59,302			55,851
Total	$	195,718		$	188,360		$	391,440		$	373,810
Net investment income
Property and Casualty	$	8,113		$	10,151		$	17,290		$	18,979
Retirement	65,139			62,727			128,581			120,776
Life	18,928			18,502			37,216			36,486
Corporate and Other	18			14			30			29
Intersegment eliminations	(204		)	(215		)	(412		)	(432		)
Total	$	91,994		$	91,179		$	182,705		$	175,838
Net income (loss)
Property and Casualty	$	(13,956	)	$	(4,463	)	$	(11,221	)	$	9,332
Retirement	11,800			13,063			23,330			23,616
Life	5,610			4,622			9,495			8,489
Corporate and Other	(1,193		)	(1,356		)	(4,025		)	(4,418		)
Total	$	2,261		$	11,866		$	17,579		$	37,019

($ in thousands)	June 30, 2017			December 31, 2016
Assets
Property and Casualty	$	1,133,015		$	1,110,958
Retirement	7,671,701			7,449,777
Life	1,972,540			1,912,771
Corporate and Other	128,101			140,104
Intersegment eliminations	(29,222		)	(36,786		)
Total	$	10,876,135		$	10,576,824