5. Deferred Policy Acquisition Costs (Tables)

12 Months Ended

Dec. 31, 2012

Notes to Financial Statements

Deferred policy acquisition costs

Deferred Policy Acquisition Costs:	Years Ended December 31,
($ in millions)	2012			2011			2010
				As restated			As restated
				and amended			and amended
Policy acquisition costs deferred	$	69.8		$	100.7		$	10.1
Costs amortized to expenses:
Recurring costs		(102.6	)		(108.1	)		(149.1	)
Assumption unlocking		(1.4	)		(1.3	)		(50.9	)
Realized investment gains (losses)		0.5			(0.1	)		2.0
Offsets to net unrealized investment gains or losses included in AOCI(1)		(29.2	)		(37.4	)		(64.2	)
Cumulative effect of adoption of new accounting guidance(2)		—			—			(0.6	)
Change in deferred policy acquisition costs		(62.9	)		(46.2	)		(252.7	)
Deferred policy acquisition costs, beginning of period		489.1			535.3			788.0
Deferred policy acquisition costs, end of period	$	426.2		$	489.1		$	535.3

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(1)	An offset to deferred policy acquisition costs and AOCI is recorded each period to the extent that, had unrealized holding gains or losses from securities classified as available-for-sale actually been realized, an adjustment to deferred policy acquisition costs amortized using gross profits or gross margins would result.
(2)	Adjustment relates to the impact of adoption in 2010 of Accounting Standards Update 2010-11, Derivatives and Hedging (Topic 815), Scope Exception Related to Embedded Credit Derivatives.