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Acquisition of Business (Tables)
12 Months Ended
Dec. 31, 2020
Business Combinations [Abstract]  
Schedule of Recognized Identified Assets Acquired and Liabilities Assumed
Based on the Company’s final allocation of the purchase price, the fair value of the assets acquired and liabilities assumed were:
DOLLARS IN MILLIONS
Investments$1,569.3 
Short-term Investments at Cost which Approximates Fair Value
Investments
98.8 
Cash4.0 
Receivables from Policyholders583.4 
Other Receivables31.7 
Value of Intangible Assets Acquired (Reported in Other Assets)262.7 
Current Income Tax Assets1.0 
Goodwill1
791.0 
Other Assets102.1 
Property and Casualty Insurance Reserves(717.2)
Unearned Premiums(715.6)
Debt(282.1)
Deferred Income Tax Liabilities(10.8)
Accrued Expenses and Other Liabilities(169.6)
Total Purchase Price$1,548.7 
1Non-deductible for tax-purposes.