Reinsurance (Tables)

6 Months Ended

Jun. 30, 2014

Reinsurance Disclosures [Abstract]

Reinsurance activity

Other reinsurance activity is shown below.

Direct Business and Reinsurance:	Three Months Ended						Six Months Ended
($ in millions)	June 30,						June 30,
	2014			2013			2014			2013
Direct premiums	$	18.1		$	22.3		$	35.6		$	42.1
Premiums ceded to non-affiliate reinsurers [1]	(13.4		)	(17.2		)	(28.1		)	(33.9		)
Premiums	$	4.7		$	5.1		$	7.5		$	8.2
Direct policy benefits incurred	$	41.9		$	42.3		$	79.8		$	97.4
Policy benefits assumed from non-affiliate reinsureds	—			—			0.1			—
Policy benefits ceded to:
Affiliate reinsurers	(5.0		)	(9.0		)	(5.0		)	(9.0		)
Non-affiliate reinsurers	(21.4		)	(14.4		)	(40.7		)	(34.0		)
Policy benefits ceded to reinsurers	(26.4		)	(23.4		)	(45.7		)	(43.0		)
Premiums paid to:
Affiliate reinsurers	5.9			5.8			12.1			11.1
Non-affiliate reinsurers	8.3			7.8			21.8			10.7
Premiums paid to reinsurers [2]	14.2			13.6			33.9			21.8
Policy benefits [3]	$	29.7		$	32.5		$	68.1		$	76.2

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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 interim unaudited 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 $51.3 million and $58.9 million, net of reinsurance, for the three months ended June 30, 2014 and 2013, respectively, and $89.0 million and $103.7 million, net of reinsurance, for the six months ended June 30, 2014 and 2013, respectively.