Reinsurance (Tables)

12 Months Ended

Dec. 31, 2013

Insurance [Abstract]

Reinsurance activity

Other reinsurance activity is shown below.

3. Reinsurance (continued)

Direct Business and Reinsurance:	Years Ended December 31,
($ in millions)	2013			2012			2011
Direct premiums	$	80.9		$	79.2		$	77.1
Premiums ceded to non-affiliate reinsurers [1]	(67.0		)	(70.7		)	(74.8		)
Premiums	$	13.9		$	8.5		$	2.3
Direct policy benefits incurred	$	258.5		$	281.4		$	161.4
Policy benefits assumed from non-affiliate reinsureds	0.2			1.0			3.8
Policy benefits ceded to:
Affiliate reinsurers	(18.0		)	(13.7		)	(5.3		)
Non-affiliate reinsurers	(119.5		)	(114.7		)	(86.0		)
Policy benefits ceded to reinsurers	(137.5		)	(128.4		)	(91.3		)
Premiums paid to:
Affiliate reinsurers	22.3			20.1			19.7
Non-affiliate reinsurers	44.4			60.8			58.7
Premiums paid to reinsurers [2]	66.7			80.9			78.4
Policy benefits [3]	$	187.9		$	234.9		$	152.3
Direct life insurance in-force	$	58,198.8		$	62,701.8		$	68,205.1
Life insurance in-force assumed from reinsureds	93.2			78.5			66.1
Life insurance in-force ceded to:
Affiliate reinsurers	(1,622.9		)	(1,859.3		)	(2,520.7		)
Non-affiliate reinsurers	(42,957.9		)	(46,950.4		)	(49,800.1		)
Life insurance in-force ceded to reinsurers	(44,580.8		)	(48,809.7		)	(52,320.8		)
Life insurance in-force	$	13,711.2		$	13,970.6		$	15,950.4
Percentage of amount assumed to net insurance in-force	0.7%			0.6%			0.4%

———————

[1] Primarily represents premiums ceded to reinsurers related to term insurance policies.

[2] For universal life and variable universal life contracts, premiums paid to reinsurers are reflected within policy benefits. See Note 2 to these financial statements for additional information regarding significant accounting policies.

[3] Policy benefit amounts above exclude changes in reserves, interest credited to policyholders and other items, which total $98.6 million, $161.9 million and $150.3 million, net of reinsurance, for the years ended December 31, 2013, 2012 and 2011, respectively.