XML 64 R4.htm IDEA: XBRL DOCUMENT v2.4.0.8
Statements of Income and Comprehensive Income (USD $)
In Millions, unless otherwise specified
3 Months Ended 6 Months Ended
Jun. 30, 2013
Jun. 30, 2012
Jun. 30, 2013
Jun. 30, 2012
REVENUES:        
Premiums $ 5.1 $ 1.7 $ 8.2 $ 2.4
Insurance and investment product fees 87.2 91.4 177.3 188.2
Net investment income 34.1 32.6 67.1 63.2
Net realized investment gains (losses):        
Total other-than-temporary impairment (“OTTI”) losses 0 (3.0) (0.3) (3.7)
Portion of OTTI gains (losses) recognized in other comprehensive income (“OCI”) (0.2) 2.4 (0.9) 2.1
Net OTTI losses recognized in earnings (0.2) (0.6) (1.2) (1.6)
Net realized investment gains (losses), excluding OTTI losses 10.9 (13.4) (5.5) (14.9)
Net realized investment gains (losses) 10.7 (14.0) (6.7) (16.5)
Total revenues 137.1 111.7 245.9 237.3
BENEFITS AND EXPENSES:        
Policy benefits 91.4 91.6 179.9 153.4
Policy acquisition cost amortization 26.6 27.6 40.6 68.3
Other operating expenses 31.4 24.1 60.0 50.9
Total benefits and expenses 149.4 143.3 280.5 272.6
Income (loss) before income taxes (12.3) (31.6) (34.6) (35.3)
Income tax expense (benefit) (16.9) 0.5 (18.8) 19.3
Net income (loss) 4.6 (32.1) (15.8) (54.6)
Other comprehensive income (loss) before income taxes:        
Unrealized investment gains (losses), net of related offsets (12.1) 8.1 (25.4) 16.7
Less: Income tax expense (benefit) related to:        
Unrealized investment gains (losses), net of related offsets (12.1) 6.3 (9.4) 10.0
Other comprehensive income (loss), net of income taxes 0 1.8 (16.0) 6.7
Comprehensive income (loss) $ 4.6 $ (30.3) $ (31.8) $ (47.9)