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Reinsurance (Tables)
3 Months Ended
Mar. 31, 2013
Reinsurance Disclosures [Abstract]  
Reinsurance activity
Other reinsurance activity is shown below.

Direct Business and Reinsurance:
Three Months Ended
($ in millions)
March 31,
 
2013
 
2012
 
 

 
As restated
and amended
 
 
 
 
Direct premiums
$
19.8

 
$
18.5

Premiums ceded to non-affiliate reinsurers [1]
(16.7
)
 
(17.8
)
Premiums
$
3.1

 
$
0.7

 
 
 
 
Direct policy benefits incurred
$
55.1

 
$
60.2

Policy benefits assumed from non-affiliate reinsureds

 

Policy benefits ceded to:
 

 
 

  Affiliate reinsurers

 
(1.9
)
  Non-affiliate reinsurers
(19.6
)
 
(33.5
)
Policy benefits ceded to reinsurers
(19.6
)
 
(35.4
)
Premiums paid to:
 

 
 

  Affiliate reinsurers
5.3

 
4.4

  Non-affiliate reinsurers
2.9

 
14.0

Premiums paid to reinsurers [2]
8.2

 
18.4

Policy benefits [3]
$
43.7

 
$
43.2

———————
[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 3 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 $44.8 million and $18.6 million, net of reinsurance, for the three months ended March 31, 2013 and 2012, respectively.