| Revenue |
|
|
|
|
|
|
| Life insurance premiums |
$122.8 |
$130.5 |
$126.0 |
$133.8 |
$151.4 |
13.2% |
| Annuity premiums and deposits |
327.0 |
339.9 |
279.4 |
352.8 |
324.0 |
-8.2 |
| Accident and health premiums |
151.1 |
151.4 |
153.3 |
156.6 |
158.8 |
1.4 |
| Credit life and credit accident and health premiums |
1.6 |
1.6 |
1.4 |
1.4 |
1.4 |
-0.4 |
| Other premiums and considerations |
2.1 |
2.2 |
2.3 |
2.6 |
2.5 |
-2.2 |
| Total premiums, consideration and deposits |
$604.5 |
$625.7 |
$562.6 |
$647.3 |
$638.2 |
-1.4% |
| Net investment income |
167.3 |
166.5 |
167.1 |
171.7 |
170.8 |
-0.6 |
| Reinsurance allowance |
-16.3 |
-30.8 |
-21.2 |
-15.0 |
-86.4 |
NA |
| Separate accounts revenue |
26.1 |
29.5 |
31.4 |
34.3 |
35.2 |
2.7 |
| Other income |
53.3 |
41.5 |
42.8 |
39.5 |
90.5 |
128.9 |
| Total revenue |
$835.0 |
$832.5 |
$782.7 |
$877.8 |
$848.2 |
-3.4% |
| Expense |
|
|
|
|
|
|
| Benefits |
238.9 |
241.8 |
250.7 |
251.8 |
263.9 |
4.8 |
| Surrenders |
237.3 |
245.7 |
248.7 |
281.5 |
273.0 |
-3.0 |
| Increase in reserves |
141.2 |
83.8 |
86.2 |
108.7 |
80.5 |
-25.9 |
| Transfers to separate accounts |
32.4 |
61.6 |
-0.8 |
-16.5 |
36.9 |
NA |
| Commissions |
51.4 |
52.6 |
53.0 |
52.1 |
55.5 |
6.6 |
| General and administrative expenses |
56.4 |
57.2 |
58.5 |
59.0 |
60.1 |
1.9 |
| Insurance taxes, licenses and fees |
7.8 |
8.0 |
8.2 |
10.0 |
10.5 |
5.0 |
| Other expenses |
8.1 |
6.7 |
-0.4 |
65.8 |
-4.9 |
NA |
| Total expenses |
$773.5 |
$757.4 |
$704.1 |
$812.4 |
$775.5 |
-4.5% |
| Net income |
|
|
|
|
|
|
| Policyholder dividends |
15.1 |
15.2 |
15.7 |
16.4 |
18.3 |
11.2 |
| Net gain from operations before federal income tax |
28.0 |
59.6 |
62.9 |
49.0 |
54.4 |
11.0 |
| Federal income tax |
4.7 |
9.9 |
8.6 |
10.1 |
10.6 |
4.6 |
| Net income before capital gains |
$22.9 |
$49.7 |
$54.3 |
$38.9 |
$43.8 |
12.7% |
| Net realized capital gains (losses) |
-8.5 |
-9.4 |
-12.0 |
-1.3 |
-3.5 |
NA |
| Net income |
$14.4 |
$40.3 |
$42.3 |
$37.6 |
$40.3 |
7.3% |
| Pre-tax operating income |
28.0 |
59.6 |
62.9 |
49.0 |
54.4 |
11.0 |