Reinsurance (Tables)

9 Months Ended

Sep. 30, 2014

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,
	2014			2013			2014			2013
Direct premiums	$	15.8		$	18.2		$	51.4		$	60.3
Premiums ceded to non-affiliates [1]	(12.8		)	(15.1		)	(40.9		)	(49.0		)
Premiums	$	3.0		$	3.1		$	10.5		$	11.3
Direct policy benefits incurred	$	50.2		$	87.2		$	130.0		$	184.6
Policy benefits assumed from non-affiliates	—			—			0.1			—
Policy benefits ceded to:
Affiliates	(0.1		)	—			(5.1		)	(9.0		)
Non-affiliates	(17.0		)	(50.5		)	(57.7		)	(84.5		)
Policy benefits ceded	(17.1		)	(50.5		)	(62.8		)	(93.5		)
Premiums paid to:
Affiliates	5.5			5.5			17.6			16.6
Non-affiliates	18.8			17.1			40.6			27.8
Premiums paid [2]	24.3			22.6			58.2			44.4
Policy benefits [3]	$	57.4		$	59.3		$	125.5		$	135.5

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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 $39.5 million and $32.5 million, net of reinsurance, for the three months ended September 30, 2014 and 2013, respectively, and $128.5 million and $136.2 million, net of reinsurance, for the nine months ended September 30, 2014 and 2013, respectively.