Reinsurance (Tables)

3 Months Ended

Mar. 31, 2021

Insurance [Abstract]

Effects of reinsurance on premiums and benefits

The effects of reinsurance on premiums written and contract deposits; premiums and contract charges earned; and benefits, claims and settlement expenses were as follows:

($ in millions)	Gross Amount		Ceded to Other Companies(1)		Assumed from Other Companies		Net Amount
Three months ended March 31, 2021
Premiums written and contract deposits(2)	$	320.6	$	5.9	$	1.5	$	316.2
Premiums and contract charges earned	234.2		8.4		1.8		227.6
Benefits, claims and settlement expenses	135.6		2.5		1.2		134.3
Three months ended March 31, 2020
Premiums written and contract deposits(2)	$	333.7	$	6.3	$	1.4	$	328.8
Premiums and contract charges earned	243.2		8.4		1.5		236.3
Benefits, claims and settlement expenses	139.5		1.9		1.1		138.7

(1)    Excludes the annuity reinsurance transaction accounted for using the deposit method that is discussed in Note 4.

(2)    This measure is not based on accounting principles generally accepted in the United States of America (non-GAAP). An explanation of this non-GAAP measure is contained in the Glossary of Selected Terms included as Exhibit 99.1 in the Company's reports filed with the SEC.