Goodwill and Intangible Assets (Tables)

12 Months Ended

Dec. 31, 2019

Goodwill and Intangible Assets Disclosure [Abstract]

Schedule of Goodwill

Goodwill balances by business segment at December 31, 2019 and 2018 were:

DOLLARS IN MILLIONS	2019		2018
Specialty Property & Casualty Insurance	$	845.0	$	843.4
Preferred Property & Casualty Insurance	49.6		49.6
Life & Health Insurance	219.4		219.4
Total	$	1,114.0	$	1,112.4

Schedule of Definite-Life Intangible Assets

Definite and indefinite life intangible assets at December 31, 2019 and 2018 were:

DOLLARS IN MILLIONS	2019		2018
Definite Life Intangible Assets:
Value of Business Acquired	$	24.1	$	30.2
Customer Relationships	4.3		6.7
Agent Relationships	62.5		68.0
Trade Names	—		7.0
Internal-Use Software	189.7		149.1
Total Definite Life Intangible Assets	280.6		261.0
Indefinite Life Intangible Assets:
Trade Names	5.2		5.2
Insurance Licenses	42.6		42.6
Total Indefinite Life Intangible Assets	47.8		47.8
Total Intangible Assets	$	328.4	$	308.8

Schedule of Indefinite-Life Intangible Assets

Definite and indefinite life intangible assets at December 31, 2019 and 2018 were:

DOLLARS IN MILLIONS	2019		2018
Definite Life Intangible Assets:
Value of Business Acquired	$	24.1	$	30.2
Customer Relationships	4.3		6.7
Agent Relationships	62.5		68.0
Trade Names	—		7.0
Internal-Use Software	189.7		149.1
Total Definite Life Intangible Assets	280.6		261.0
Indefinite Life Intangible Assets:
Trade Names	5.2		5.2
Insurance Licenses	42.6		42.6
Total Indefinite Life Intangible Assets	47.8		47.8
Total Intangible Assets	$	328.4	$	308.8

Schedule of Definite-Life Intangible Assets, Future Amortization Expense

The amount of amortization expense expected to be recorded in the next five years for definite life intangible assets is as follows:

DOLLARS IN MILLIONS	2020		2021		2022		2023		2024
Definite Life Intangible Assets:
Value of Business Acquired	$	4.0	$	3.1	$	2.7	$	2.5	$	2.4
Customer Relationships	0.9		0.8		0.6		0.5		0.4
Agent Relationships	5.0		5.0		5.0		5.0		5.0
Internal-Use Software	24.1		19.1		17.9		16.5		14.0
Total	$	34.0	$	28.0	$	26.2	$	24.5	$	21.8