XML 31 R17.htm IDEA: XBRL DOCUMENT v3.10.0.1
Segment Information
 9 Months Ended
Sep. 30, 2018
Segment Reporting [Abstract]  
Segment Information The Company conducts and manages its business through four segments. The three operating segments, representing the major lines of insurance business, are: Property and Casualty, primarily personal lines automobile and property insurance products; Retirement, primarily tax-qualified fixed and variable annuities; and Life, 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 investment gains (losses) certain public company expenses, such items also have included corporate debt retirement costs, when applicable. Summarized financial information for these segments is as follows:
($ in thousands)
 
Three Months Ended
September 30,
 
Nine Months Ended
September 30,
 
 
2018
 
2017
 
2018
 
2017
Insurance premiums and contract charges earned
 
 
 
 
 
 
 
 
Property and Casualty
 
$
168,653

 
$
163,209

 
$
501,444

 
$
481,987

Retirement
 
8,031

 
7,393

 
23,924

 
20,753

Life
 
30,136

 
28,333

 
90,060

 
87,635

Total
 
$
206,820

 
$
198,935

 
$
615,428

 
$
590,375

 
 
 
 
 
 
 
 
 
Net investment income
 
 
 
 
 
 
 
 
Property and Casualty
 
$
12,361

 
$
9,167

 
$
32,177

 
$
26,457

Retirement
 
67,750

 
64,340

 
199,706

 
192,921

Life
 
19,123

 
18,999

 
56,629

 
56,215

Corporate and Other
 
41

 
17

 
119

 
47

Intersegment eliminations
 
(192
)
 
(203
)
 
(583
)
 
(615
)
Total
 
$
99,083

 
$
92,320

 
$
288,048

 
$
275,025

 
 
 
 
 
 
 
 
 
Net income (loss)
 
 
 
 
 
 
 
 
Property and Casualty
 
$
(3,190
)
 
$
13,407

 
$
(4,364
)
 
$
2,186

Retirement
 
12,120

 
13,603

 
37,682

 
36,933

Life
 
5,331

 
4,788

 
14,997

 
14,283

Corporate and Other
 
(1,733
)
 
(5,247
)
 
(9,715
)
 
(9,272
)
Total
 
$
12,528

 
$
26,551

 
$
38,600

 
$
44,130


($ in thousands)
 
September 30, 2018
 
December 31, 2017
Assets
 
 
 
 
Property and Casualty
 
$
1,241,538

 
$
1,217,394

Retirement
 
8,143,384

 
8,063,912

Life
 
1,787,361

 
1,815,732

Corporate and Other
 
146,593

 
143,784

Intersegment eliminations
 
(38,111
)
 
(42,482
)
Total
 
$
11,280,765

 
$
11,198,340