| Revenue |
|
|
|
|
|
|
| Life insurance premiums |
$126.0 |
$133.9 |
$151.4 |
$115.0 |
$137.1 |
19.2% |
| Annuity premiums and deposits |
279.4 |
352.8 |
324.0 |
318.5 |
287.2 |
-9.8 |
| Accident and health premiums |
153.3 |
156.6 |
158.8 |
162.8 |
169.3 |
4.0 |
| Credit life and credit accident and health premiums |
1.4 |
1.4 |
1.4 |
1.3 |
1.3 |
(2) |
| Other premiums and considerations |
2.3 |
2.6 |
2.5 |
2.2 |
2.1 |
-4.3 |
| Total premiums, consideration and deposits |
$562.6 |
$647.3 |
$638.2 |
$599.9 |
$597.1 |
-0.5% |
| Net investment income |
167.1 |
171.7 |
170.8 |
173.0 |
182.3 |
5.3 |
| Reinsurance allowance |
-21.2 |
-15.0 |
-86.4 |
-17.0 |
-25.1 |
NA |
| Separate accounts revenue |
31.4 |
34.3 |
35.2 |
34.7 |
36.6 |
5.5 |
| Other income |
42.8 |
39.7 |
90.5 |
61.3 |
49.0 |
-20.1 |
| Total revenue |
$782.7 |
$878.0 |
$848.2 |
$851.9 |
$839.8 |
-1.4% |
| Expense |
|
|
|
|
|
|
| Benefits |
250.6 |
251.8 |
263.9 |
271.4 |
281.4 |
3.7 |
| Surrenders |
248.7 |
281.5 |
273.0 |
265.1 |
308.9 |
16.5 |
| Increase in reserves |
86.2 |
108.7 |
80.5 |
133.1 |
106.4 |
-20.1 |
| Transfers to separate accounts |
-0.8 |
-16.5 |
36.9 |
-38.0 |
-65.8 |
NA |
| Commissions |
53.0 |
52.1 |
55.5 |
64.6 |
58.0 |
-10.2 |
| General and administrative expenses |
58.5 |
59.0 |
60.1 |
62.4 |
65.9 |
5.6 |
| Insurance taxes, licenses and fees |
8.2 |
10.0 |
10.5 |
10.8 |
8.8 |
-18.6 |
| Other expenses |
-0.2 |
66.0 |
-4.9 |
-2.7 |
-4.3 |
NA |
| Total expenses |
$704.3 |
$812.5 |
$775.5 |
$766.6 |
$759.3 |
-1.0% |
| Net income |
|
|
|
|
|
|
| Policyholder dividends |
15.7 |
16.4 |
18.3 |
18.2 |
17.5 |
-4.0 |
| Net gain from operations before federal income tax |
62.9 |
49.0 |
54.4 |
67.1 |
63.0 |
-6.1 |
| Federal income tax |
8.6 |
10.1 |
10.6 |
16.3 |
12.4 |
-24.1 |
| Net income before capital gains |
$54.3 |
$38.9 |
$43.8 |
$50.8 |
$50.6 |
-0.3% |
| Net realized capital gains (losses) |
-12.0 |
-1.3 |
-3.5 |
-11.4 |
-8.6 |
NA |
| Net income |
$42.3 |
$37.6 |
$40.3 |
$39.4 |
$42.1 |
6.8% |
| Pre-tax operating income |
62.9 |
49.0 |
54.4 |
67.1 |
63.0 |
-6.1 |