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Deferred Policy Acquisition Costs
6 Months Ended
Jun. 30, 2014
Deferred Policy Acquisition Costs Disclosures [Abstract]  
Deferred Policy Acquisition Costs
Deferred Policy Acquisition Costs

The balances of and changes in deferred policy acquisition costs (“DAC”) as of and for the periods ended June 30, 2014 and 2013 are as follows:

Deferred Policy Acquisition Costs:
Three Months Ended
 
Six Months Ended
($ in millions)
June 30,
 
June 30,
 
2014
 
2013
 
2014
 
2013
 
 
 
 
 
 
 
 
Balance, beginning of period
$
446.2

 
$
433.6

 
$
462.3

 
$
426.2

Policy acquisition costs deferred
20.3

 
16.4

 
37.2

 
33.5

Costs amortized to expenses:
 
 
 
 
 
 
 
Recurring costs
(15.0
)
 
(21.3
)
 
(41.8
)
 
(38.0
)
Realized investment gains (losses)
(1.4
)
 
(5.3
)
 
9.1

 
(2.6
)
Offsets to net unrealized investment gains or losses
  included in AOCI
(14.5
)
 
39.7

 
(31.2
)
 
44.0

Balance, end of period
$
435.6

 
$
463.1

 
$
435.6

 
$
463.1