| Revenue |
|
|
|
|
|
|
| Life insurance premiums |
$120.6 |
$100.3 |
$122.8 |
$130.5 |
$126.1 |
-3.4% |
| Annuity premiums and deposits |
225.5 |
286.3 |
327.0 |
339.9 |
279.4 |
-17.8 |
| Accident and health premiums |
145.2 |
150.9 |
151.3 |
151.7 |
153.4 |
1.1 |
| Credit life and credit accident and health premiums |
1.6 |
1.6 |
1.6 |
1.6 |
1.4 |
-7.2 |
| Other premiums and considerations |
0.5 |
23.1 |
2.1 |
2.2 |
2.3 |
4.4 |
| Total premiums, consideration and deposits |
$493.4 |
$562.2 |
$604.8 |
$626.0 |
$562.8 |
-10.1% |
| Net investment income |
156.6 |
164.1 |
167.3 |
166.9 |
167.9 |
0.6 |
| Reinsurance allowance |
61.5 |
-29.3 |
-16.3 |
-30.8 |
-21.2 |
-31.0 |
| Separate accounts revenue |
20.4 |
23.4 |
26.1 |
29.5 |
31.4 |
6.5 |
| Other income |
44.9 |
52.9 |
53.1 |
60.3 |
43.1 |
-28.6 |
| Total revenue |
$776.7 |
$773.3 |
$835.0 |
$851.9 |
$783.9 |
-8.0% |
| Expense |
|
|
|
|
|
|
| Benefits |
230.1 |
231.7 |
239.1 |
242.0 |
250.9 |
3.7 |
| Surrenders |
228.7 |
216.8 |
237.3 |
245.7 |
248.8 |
1.2 |
| Increase in reserves |
99.2 |
96.2 |
141.2 |
83.8 |
86.2 |
2.9 |
| Transfers to separate accounts |
11.1 |
29.3 |
32.4 |
61.6 |
-0.8 |
-101.3 |
| Commissions |
48.5 |
48.9 |
51.4 |
52.6 |
53.0 |
0.8 |
| General and administrative expenses |
52.1 |
54.7 |
56.5 |
57.3 |
58.5 |
2.2 |
| Insurance taxes, licenses and fees |
7.1 |
7.5 |
7.8 |
8.0 |
8.2 |
1.9 |
| Other expenses |
7.4 |
2.2 |
8.1 |
6.7 |
-0.4 |
-105.6 |
| Total expenses |
$684.2 |
$687.3 |
$773.8 |
$757.7 |
$704.5 |
-7.0% |
| Net income |
|
|
|
|
|
|
| Policyholder dividends |
15.0 |
15.0 |
15.1 |
15.2 |
15.7 |
3.2 |
| Net gain from operations before Federal income tax |
61.0 |
53.1 |
28.0 |
60.5 |
63.7 |
5.4 |
| Federal income tax |
10.5 |
8.6 |
4.7 |
9.9 |
8.6 |
-13.2 |
| Net income before capital gains |
$50.3 |
$44.1 |
$22.9 |
$50.3 |
$55.2 |
9.6% |
| Net realized capital gains (losses) |
-28.7 |
-16.0 |
-8.5 |
-9.4 |
-12.0 |
27.3 |
| Net income |
$21.5 |
$28.0 |
$14.4 |
$40.9 |
$43.2 |
5.5% |
| Pre-tax operating income |
61.0 |
53.1 |
28.0 |
60.5 |
63.7 |
5.4 |