| Revenue |
|
|
|
|
|
|
| Life insurance premiums |
$138.3 |
$142.8 |
$120.5 |
$100.2 |
$122.8 |
22.5% |
| Annuity premiums and deposits |
310.4 |
323.0 |
225.4 |
286.3 |
327.0 |
14.2 |
| Accident and health premiums |
143.5 |
156.6 |
162.4 |
169.9 |
171.0 |
0.7 |
| Credit life and credit accident and health premiums |
2.2 |
2.1 |
1.6 |
1.6 |
1.6 |
1.0 |
| Other premiums and considerations |
16.8 |
0.8 |
0.5 |
23.1 |
2.1 |
-91.0 |
| Total premiums, consideration and deposits |
$611.2 |
$625.2 |
$510.4 |
$581.2 |
$623.9 |
7.3% |
| Net investment income |
168.0 |
162.2 |
156.6 |
164.1 |
167.3 |
1.9 |
| Reinsurance allowance |
-22.4 |
17.8 |
61.5 |
-29.3 |
-16.3 |
-44.5 |
| Separate accounts revenue |
22.9 |
21.2 |
20.4 |
23.4 |
26.1 |
11.7 |
| Other income |
35.3 |
18.3 |
27.8 |
33.9 |
34.0 |
0.2 |
| Total revenue |
$815.1 |
$844.7 |
$776.7 |
$773.3 |
$835.0 |
8.0% |
| Expense |
|
|
|
|
|
|
| Benefits |
228.3 |
240.2 |
244.1 |
246.9 |
254.7 |
3.2 |
| Surrenders |
305.2 |
291.6 |
228.7 |
216.8 |
237.3 |
9.4 |
| Increase in reserves |
35.3 |
144.2 |
99.0 |
96.2 |
141.0 |
46.6 |
| Transfers to separate accounts |
66.1 |
22.7 |
11.1 |
29.3 |
32.4 |
10.8 |
| Commissions |
50.7 |
51.7 |
48.9 |
49.3 |
51.8 |
5.1 |
| General and administrative expenses |
52.1 |
53.6 |
54.2 |
56.8 |
58.5 |
3.0 |
| Insurance taxes, licenses and fees |
7.3 |
7.3 |
7.3 |
7.7 |
8.0 |
3.6 |
| Other expenses |
8.0 |
17.2 |
7.4 |
2.2 |
8.1 |
269.2 |
| Total expenses |
$753.0 |
$828.3 |
$700.8 |
$705.3 |
$791.9 |
12.3% |
| Net income |
|
|
|
|
|
|
| Policyholder dividends |
17.5 |
17.7 |
15.0 |
15.0 |
15.1 |
0.8 |
| Net gain from operations before Federal income tax |
44.6 |
-1.4 |
61.0 |
53.1 |
28.0 |
-47.2 |
| Federal income tax |
11.5 |
-0.1 |
10.7 |
9.0 |
5.1 |
-43.3 |
| Net income before capital gains |
$33.1 |
$-1.4 |
$50.3 |
$44.1 |
$22.9 |
-48.1% |
| Net realized capital gains (losses) |
-1.5 |
-50.9 |
-28.7 |
-16.0 |
-8.5 |
-46.8 |
| Net income |
$31.6 |
-$52.3 |
$21.5 |
$28.0 |
$14.4 |
-48.8% |
| Pre-tax operating income |
44.6 |
-1.4 |
61.0 |
53.1 |
28.0 |
-47.2 |