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Business Segments (Tables)

12 Months Ended

Dec. 31, 2016

Segment Assets at December 31, 2016 and 2015 were:



DOLLARS IN MILLIONS	2016		2015
Property & Casualty Insurance	$	2,815.1	$	2,749.0
Life & Health Insurance	4,888.7		4,733.9
Corporate and Other, Net	506.7		553.2
Total Assets	$	8,210.5	$	8,036.1

Earned Premiums by Product Line

Earned Premiums by product line for the years ended December 31, 2016, 2015 and 2014 were:



DOLLARS IN MILLIONS	2016		2015		2014
Personal Automobile	$	1,244.6	$	1,027.7	$	831.4
Homeowners	271.9		286.3		312.4
Other Personal Property and Casualty Insurance	119.2		122.1		127.4
Commercial Automobile	53.3		54.5		54.8
Life	381.6		374.1		387.6
Accident and Health	149.4		144.9		148.6
Total Earned Premiums	$	2,220.0	$	2,009.6	$	1,862.2

Segment Revenues

Segment Revenues, including a reconciliation to Total Revenues, for the years ended December 31, 2016, 2015 and 2014 were:



DOLLARS IN MILLIONS	2016			2015			2014
Segment Revenues:
Property & Casualty Insurance:
Earned Premiums	$	1,614.8		$	1,415.2		$	1,249.5
Net Investment Income	72.4			73.3			72.7
Other Income	0.5			0.6			0.5
Total Property & Casualty Insurance	1,687.7			1,489.1			1,322.7
Life & Health Insurance:
Earned Premiums	605.2			594.4			612.7
Net Investment Income	213.2			214.2			218.7
Other Income	2.8			2.4			0.9
Total Life & Health Insurance	821.2			811.0			832.3
Total Segment Revenues	2,508.9			2,300.1			2,155.0
Net Realized Gains on the Sales of Investments	33.1			52.1			39.1
Net Impairment Losses Recognized in Earnings	(32.7		)	(27.2		)	(15.2		)
Other	12.6			15.8			17.7
Total Revenues	$	2,521.9		$	2,340.8		$	2,196.6

Segment Operating Profit

Segment Operating Profit, including a reconciliation to Income from Continuing Operations before Income Taxes, for the years ended December 31, 2016, 2015 and 2014 was:



DOLLARS IN MILLIONS	2016			2015			2014
Segment Operating Profit (Loss):
Property & Casualty Insurance	$	(17.2	)	$	23.7		$	27.1
Life & Health Insurance	45.7			109.7			141.9
Total Segment Operating Profit	28.5			133.4			169.0
Corporate and Other Operating Loss	(25.4		)	(48.9		)	(32.7		)
Total Operating Profit	3.1			84.5			136.3
Net Realized Gains on Sales of Investments	33.1			52.1			39.1
Net Impairment Losses Recognized in Earnings	(32.7		)	(27.2		)	(15.2		)
Loss from Early Extinguishment of Debt	—			(9.1		)	—
Income from Continuing Operations before Income Taxes	$	3.5		$	100.3		$	160.2

Segment Net Income (Loss)

Segment Net Operating Income, including a reconciliation to Income from Continuing Operations, for the years ended December 31, 2016, 2015 and 2014 was:



DOLLARS IN MILLIONS	2016			2015			2014
Segment Net Operating Income (Loss):
Property & Casualty Insurance	$	(2.9	)	$	26.7		$	24.9
Life & Health Insurance	30.3			71.7			91.8
Total Segment Net Operating Income	27.4			98.4			116.7
Corporate and Other Net Operating Loss	(15.0		)	(28.5		)	(19.6		)
Consolidated Net Operating Income	12.4			69.9			97.1
Net Income (Loss) From:
Net Realized Gains on Sales of Investments	21.5			33.9			25.4
Net Impairment Losses Recognized in Earnings	(21.2		)	(17.7		)	(9.9		)
Loss from Early Extinguishment of Debt	—			(5.9		)	—
Income from Continuing Operations	$	12.7		$	80.2		$	112.6

Segment Amortization of Deferred Policy Acquisition Costs

NOTE 18. BUSINESS SEGMENTS (Continued)

Amortization of Deferred Policy Acquisition Costs by Operating Segment for the years ended December 31, 2016, 2015 and 2014 was:



DOLLARS IN MILLIONS	2016		2015		2014
Property & Casualty Insurance	$	252.1	$	213.1	$	187.5
Life & Health Insurance	47.2		44.3		47.9
Total Amortization	$	299.3	$	257.4	$	235.4