6. Sales Inducements

12 Months Ended

Dec. 31, 2012

Notes to Financial Statements

Sales Inducements

Sales inducements

The Company currently offers bonus payments to contract owners on certain of its individual life and annuity products. Expenses incurred related to bonus payments are deferred and amortized over the life of the related contracts in a pattern consistent with the amortization of deferred policy acquisition costs. The Company unlocks the assumption used in the amortization of the deferred sales inducement asset consistent with the unlock of assumptions used in determining EGPs. Deferred sales inducements are included in other assets on the balance sheets and amortization of deferred sales inducements is included in other operating expense on the statements of comprehensive income.

Changes in Deferred Sales Inducement Activity:	Years Ended December 31,
($ in millions)	2012		2011		2010
			As restated		As restated
			and amended		and amended
Deferred asset, beginning of period	$	49.7	$	20.4	$	7.5
Sales inducements deferred		15.4		48.3		15.4
Amortization charged to income		(6.8)		(4.9)		(2.5)
Offsets to net unrealized investment gains or losses included in AOCI		2.6		(14.1)		—
Deferred asset, end of period	$	60.9	$	49.7	$	20.4