| Revenue |
|
|
|
|
|
|
| Life insurance premiums |
$115.0 |
$137.1 |
$145.1 |
$151.0 |
$143.1 |
-5.3% |
| Annuity premiums and deposits |
318.5 |
287.2 |
269.7 |
339.8 |
294.6 |
-13.3 |
| Accident and health premiums |
162.8 |
169.3 |
183.1 |
185.0 |
184.7 |
-0.2 |
| Credit life and credit accident and health premiums |
1.3 |
1.3 |
1.3 |
1.4 |
1.2 |
-16.3 |
| Other premiums and considerations |
2.2 |
2.1 |
4.0 |
(2) |
(2) |
(2) |
| Total premiums, consideration and deposits |
$599.9 |
$597.1 |
$603.2 |
$679.4 |
$625.7 |
-7.9% |
| Net investment income |
173.0 |
182.3 |
187.4 |
186.7 |
186.0 |
-0.4 |
| Reinsurance allowance |
-17.0 |
-25.1 |
32.0 |
-29.7 |
-22.8 |
-23.2 |
| Separate accounts revenue |
34.7 |
36.6 |
37.3 |
36.8 |
37.4 |
1.6 |
| Other income |
61.3 |
49.2 |
44.0 |
48.7 |
55.0 |
12.8 |
| Total revenue |
$851.9 |
$839.9 |
$903.9 |
$921.9 |
$881.2 |
-4.4% |
| Expense |
|
|
|
|
|
|
| Benefits |
271.4 |
281.4 |
289.5 |
301.8 |
314.2 |
4.1 |
| Surrenders |
265.1 |
308.9 |
350.3 |
339.6 |
323.4 |
-4.8 |
| Increase in reserves |
133.1 |
106.4 |
143.3 |
120.6 |
109.8 |
-8.9 |
| Transfers to separate accounts |
-38.0 |
-65.8 |
-89.6 |
-72.0 |
-69.2 |
-3.9 |
| Commissions |
64.6 |
58.0 |
58.3 |
61.2 |
60.1 |
-1.8 |
| General and administrative expenses |
62.4 |
65.9 |
65.9 |
67.8 |
67.0 |
-1.2 |
| Insurance taxes, licenses and fees |
10.8 |
8.8 |
10.7 |
9.3 |
11.5 |
23.8 |
| Other expenses |
-2.7 |
-4.1 |
11.3 |
14.4 |
8.4 |
-41.8 |
| Total expenses |
$766.6 |
$759.4 |
$839.7 |
$842.8 |
$825.2 |
-2.1% |
| Net income |
|
|
|
|
|
|
| Policyholder dividends |
18.2 |
17.5 |
18.2 |
18.1 |
18.0 |
-0.5 |
| Net gain from operations before federal income tax |
67.1 |
63.0 |
46.0 |
61.0 |
38.0 |
-37.7 |
| Federal income tax |
16.3 |
12.4 |
3.4 |
9.4 |
5.1 |
-45.6 |
| Net income before capital gains |
$50.8 |
$50.6 |
$42.6 |
$51.6 |
$32.9 |
-36.2% |
| Net realized capital gains (losses) |
-11.4 |
-8.6 |
-4.7 |
-6.9 |
-10.7 |
56.6 |
| Net income |
$39.4 |
$42.1 |
$37.9 |
$44.7 |
$22.1 |
-50.5% |
| Pre-tax operating income |
67.1 |
63.0 |
46.0 |
61.0 |
38.0 |
-37.7 |
| Capital and surplus, end of year |
380.7 |
395.0 |
399.9 |
421.7 |
440.0 |
4.3 |