XML 37 R31.htm IDEA: XBRL DOCUMENT v2.4.0.8
Reinsurance - Other Reinsurance Activity (Details) (USD $)
In Millions, unless otherwise specified
3 Months Ended 9 Months Ended
Sep. 30, 2014
Sep. 30, 2013
Sep. 30, 2014
Sep. 30, 2013
Direct Business and Reinsurance:        
Direct premiums $ 15.8 $ 18.2 $ 51.4 $ 60.3
Premiums ceded to non-affiliate reinsurers (12.8) [1] (15.1) [1] (40.9) [1] (49.0) [1]
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 0 0.1 0
Policy benefits ceded to:        
Affiliates (0.1) 0 (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 to reinsurers 24.3 [2] 22.6 [2] 58.2 [2] 44.4 [2]
Policy benefits 57.4 [3] 59.3 [3] 125.5 [3] 135.5 [3]
Changes in reserves, interest credited to policyholders and withdrawals amount $ 39.5 $ 32.5 $ 128.5 $ 136.2
[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.