| Revenue |
|
|
|
|
|
|
| Life insurance premiums |
$137.1 |
$145.1 |
$151.0 |
$143.1 |
$159.5 |
11.5% |
| Annuity premiums and deposits |
287.2 |
269.7 |
339.8 |
294.6 |
285.8 |
-3.0 |
| Accident and health premiums |
169.3 |
183.1 |
185.0 |
184.7 |
189.2 |
2.4 |
| Credit life and credit accident and health premiums |
1.3 |
1.3 |
1.4 |
1.2 |
1.2 |
0.0 |
| Other premiums and considerations |
2.1 |
4.0 |
(2) |
(2) |
(2) |
0.0 |
| Total premiums, consideration and deposits |
$597.1 |
$603.2 |
$679.4 |
$625.7 |
$637.8 |
1.9% |
| Net investment income |
182.3 |
187.4 |
186.7 |
186.0 |
200.8 |
8.0 |
| Reinsurance allowance |
-25.1 |
32.0 |
-29.7 |
-22.8 |
8.5 |
NA |
| Separate accounts revenue |
36.6 |
37.3 |
36.8 |
37.4 |
41.0 |
9.8 |
| Other income |
49.2 |
44.0 |
48.7 |
55.0 |
57.5 |
4.6 |
| Total revenue |
$839.9 |
$903.9 |
$921.9 |
$881.2 |
$945.7 |
7.3% |
| Expense |
|
|
|
|
|
|
| Benefits |
281.4 |
289.5 |
301.8 |
314.2 |
338.4 |
7.7 |
| Surrenders |
308.9 |
350.3 |
339.6 |
323.4 |
362.7 |
12.2 |
| Increase in reserves |
106.4 |
143.3 |
120.6 |
109.8 |
89.8 |
-18.2 |
| Transfers to separate accounts |
-65.8 |
-89.6 |
-72.0 |
-69.2 |
-75.6 |
9.2 |
| Commissions |
58.0 |
58.3 |
61.2 |
60.1 |
64.5 |
7.3 |
| General and administrative expenses |
65.9 |
65.9 |
67.8 |
67.0 |
69.4 |
3.5 |
| Insurance taxes, licenses and fees |
8.8 |
10.7 |
9.3 |
11.5 |
10.1 |
-12.3 |
| Other expenses |
-4.1 |
11.3 |
14.4 |
8.4 |
14.8 |
76.5 |
| Total expenses |
$759.4 |
$839.7 |
$842.8 |
$825.2 |
$873.9 |
5.9% |
| Net income |
|
|
|
|
|
|
| Policyholder dividends |
17.5 |
18.2 |
18.1 |
18.0 |
17.8 |
-1.3 |
| Net gain from operations before federal income tax |
63.0 |
46.0 |
61.0 |
38.0 |
53.9 |
41.8 |
| Federal income tax |
12.4 |
3.4 |
9.4 |
5.1 |
8.2 |
59.7 |
| Net income before capital gains |
$50.6 |
$42.6 |
$51.6 |
$32.9 |
$45.7 |
39.0% |
| Net realized capital gains (losses) |
-8.6 |
-4.7 |
-6.9 |
-10.7 |
-8.3 |
-22.8 |
| Net income |
$42.1 |
$37.9 |
$44.7 |
$22.1 |
$37.4 |
68.9% |
| Pre-tax operating income |
63.0 |
46.0 |
61.0 |
38.0 |
53.9 |
41.8 |
| Capital and surplus, end of year |
395.0 |
399.9 |
421.7 |
440.5 |
475.9 |
8.0 |