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Income From Investments (Tables)
 12 Months Ended
Dec. 31, 2015
Investment Income, Net [Abstract]  
Investment Income
Net Investment Income for the years ended December 31, 2015, 2014 and 2013 was:
DOLLARS IN MILLIONS
 
2015
 
2014
 
2013
Investment Income (Loss):
 
 
 
 
 
 
Interest and Dividends on Fixed Maturities
 
$
236.2

 
$
227.4

 
$
235.5

Dividends on Equity Securities
 
32.4

 
59.9

 
38.0

Equity Method Limited Liability Investments
 
19.0

 
9.0

 
26.4

Fair Value Option Investments
 
0.2

 
(0.7
)
 
—

Short-term Investments
 
0.4

 
0.6

 
0.1

Loans to Policyholders
 
21.1

 
20.5

 
19.8

Real Estate
 
11.9

 
12.1

 
20.8

Other
 
—

 
0.1

 
—

Total Investment Income
 
321.2

 
328.9

 
340.6

Investment Expenses:
 
 
 
 
 
 
Real Estate
 
11.3

 
11.3

 
18.3

Other Investment Expenses
 
7.3

 
8.5

 
7.6

Total Investment Expenses
 
18.6

 
19.8

 
25.9

Net Investment Income
 
$
302.6

 
$
309.1

 
$
314.7
Realized Gain (Loss) on Investments
The components of Net Realized Gains on Sales of Investments for the years ended December 31, 2015, 2014 and 2013 were:
DOLLARS IN MILLIONS
 
2015
 
2014
 
2013
Fixed Maturities:
 
 
 
 
 
 
Gains on Sales
 
$
16.1

 
$
7.0

 
$
30.9

Losses on Sales
 
(1.1
)
 
(0.2
)
 
(0.4
)
Equity Securities:
 
 
 
 
 
 
Gains on Sales
 
39.2

 
33.1

 
21.8

Losses on Sales
 
(1.6
)
 
(2.0
)
 
(0.5
)
Equity Method Limited Liability Investments:
 
 
 
 
 
 
Gains on Sales
 
—

 
—

 
2.5

Real Estate:
 
 
 
 
 
 
Gains on Sales
 
—

 
—

 
44.2

Losses on Sales
 
(0.2
)
 
(0.2
)
 
—

Other Investments:
 
 
 
 
 
 
Gain on Sale of Subsidiary
 
—

 
1.6

 
—

Gains on Other Sales
 
—

 
—

 
0.1

Losses on Sales
 
—

 
(0.1
)
 
(0.1
)
Net Gains (Losses) on Trading Securities
 
(0.3
)
 
(0.1
)
 
0.6

Net Realized Gains on Sales of Investments
 
$
52.1

 
$
39.1

 
$
99.1

Gross Gains on Sales
 
$
55.3

 
$
41.7

 
$
99.5

Gross Losses on Sales
 
(2.9
)
 
(2.5
)
 
(1.0
)
Net Gains (Losses) on Trading Securities
 
(0.3
)
 
(0.1
)
 
0.6

Net Realized Gains on Sales of Investments
 
$
52.1

 
$
39.1

 
$
99.1
Other than Temporary Impairment, Credit Losses Recognized in Earnings
The following table sets forth the pre-tax amount of OTTI credit losses, recognized in Retained Earnings for Investments in Fixed Maturities held by the Company as of December 31, 2015, 2014 and 2013, for which a portion of the OTTI loss related to factors other than credit has been recognized in AOCI, and the corresponding changes in such amounts.
DOLLARS IN MILLIONS
 
2015
 
2014
 
2013
Cumulative Balance of Pre-tax Credit Losses Recognized in Retained Earnings at Beginning of Year
 
$
5.3

 
$
9.9

 
$
4.6

Pre-tax Credit Losses on Fixed Maturities without Pre-tax Credit Losses Included in Cumulative Balance at Beginning of Year
 
0.2

 
2.4

 
1.8

Additional Pre-tax Credit Losses on Fixed Maturities with Pre-tax Credit Losses Included in Cumulative Balance at Beginning of Year
 
—

 
0.6

 
7.3

Reductions for Change in Impairment Status:
 
 
 
 
 
 
From Status of Credit Loss to Status of Intent-to-sell or Required-to-sell
 
(0.4
)
 
(2.4
)
 
(3.2
)
Reductions for Investments Sold During Year
 
—

 
(5.2
)
 
(0.6
)
Balance at End of Year
 
$
5.1

 
$
5.3

 
$
9.9

The components of Net Impairment Losses Recognized in Earnings reported in the Consolidated Statements of Income for the years ended December 31, 2015, 2014 and 2013 were:
DOLLARS IN MILLIONS
 
2015
 
2014
 
2013
Fixed Maturities
 
$
(11.5
)
 
$
(5.7
)
 
$
(10.3
)
Equity Securities
 
(15.7
)
 
(7.1
)
 
(3.6
)
Real Estate
 
—

 
(2.4
)
 
—

Net Impairment Losses Recognized in Earnings
 
$
(27.2
)
 
$
(15.2
)
 
$
(13.9
)