Reinsurance (Tables)

9 Months Ended

Sep. 30, 2013

Reinsurance Disclosures [Abstract]

Reinsurance activity

Other reinsurance activity is shown below.

Direct Business and Reinsurance:	Three Months Ended						Nine Months Ended
($ in millions)	September 30,						September 30,
	2013			2012			2013			2012
Direct premiums	$	18.2		$	16.7		$	60.3		$	52.8
Premiums ceded to non-affiliate reinsurers [1]	(15.1		)	(15.9		)	(49.0		)	(49.6		)
Premiums	$	3.1		$	0.8		$	11.3		$	3.2
Direct policy benefits incurred	$	87.2		$	75.0		$	184.6		$	214.4
Policy benefits assumed from non-affiliate reinsureds	—			1.0			—			2.5
Policy benefits ceded to:
Affiliate reinsurers	—			(6.9		)	(9.0		)	(9.2		)
Non-affiliate reinsurers	(50.5		)	(20.4		)	(84.5		)	(94.1		)
Policy benefits ceded to reinsurers	(50.5		)	(27.3		)	(93.5		)	(103.3		)
Premiums paid to:
Affiliate reinsurers	5.5			5.5			16.6			15.0
Non-affiliate reinsurers	17.1			18.7			27.8			42.4
Premiums paid to reinsurers [2]	22.6			24.2			44.4			57.4
Policy benefits [3]	$	59.3		$	72.9		$	135.5		$	171.0

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[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 $32.5 million and $84.5 million net of reinsurance, for the three months ended September 30, 2013 and 2012, respectively, and $136.2 million and $139.8 million, net of reinsurance, for the nine months ended September 30, 2013 and 2012, respectively.