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Variable Interest Entities (Tables)
 12 Months Ended
Dec. 31, 2013
Variable Interest Entities  
Carrying Amounts of Assets and Liabilities of Consolidated Variable Interest Entities (Table)

 

 
   Grantor trusts   Collateralized
private investment
vehicle		   CMBS   Mandatory
retirement
savings		   Total  
 
   (in millions)
  

December 31, 2013

                                

Fixed maturities, available-for-sale

   $ 272.0   $ —   $ —   $ —   $ 272.0  

Fixed maturities, trading

     —     110.4     —     —     110.4  

Equity securities, trading

     —     —     —     327.2     327.2  

Other investments

     —     —     68.1     —     68.1  

Accrued investment income

     0.3     —     0.6     —     0.9  

Separate account assets

     —     —     —     32,824.7     32,824.7  
                       
​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​

Total assets

   $ 272.3   $ 110.4   $ 68.7   $ 33,151.9   $ 33,603.3  
                       
​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​
​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​
                       

Deferred income taxes

   $ 1.5   $ —   $ —   $ —   $ 1.5  

Separate account liabilities

     —     —     —     32,824.7     32,824.7  

Other liabilities (1)

     217.2     93.8     31.4     —     342.4  
                       
​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​

Total liabilities

   $ 218.7   $ 93.8   $ 31.4   $ 32,824.7   $ 33,168.6  
                       
​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​
​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​
                       

December 31, 2012

                                

Fixed maturities, available-for-sale

   $ 194.6   $ —   $ —   $ —   $ 194.6  

Fixed maturities, trading

     —     110.4     —     —     110.4  

Equity securities, trading

     —     —     —     —     —  

Other investments

     —     —     80.3     —     80.3  

Accrued investment income

     0.5     —     0.6     —     1.1  
                       
​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​

Total assets

   $ 195.1   $ 110.4   $ 80.9   $ —   $ 386.4  
                       
​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​
​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​
                       

Deferred income taxes

   $ 1.8   $ —   $ —   $ —   $ 1.8  

Other liabilities (1)

     152.4     104.8     45.7     —     302.9  
                       
​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​

Total liabilities

   $ 154.2   $ 104.8   $ 45.7   $ —   $ 304.7  
                       
​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​
​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​
                       
(1)
Grantor trusts contain an embedded derivative of a forecasted transaction to deliver the underlying securities; the collateralized private investment vehicle includes derivative liabilities and an obligation to redeem notes at maturity or termination of the trust; and CMBS includes an obligation to the bondholders.
Asset Carrying Value and Maximum Loss Exposure of Unconsolidated Variable Interest Entities (Table)

 

 
   Asset carrying value   Maximum exposure to
loss (1)		  
 
   (in millions)
  

December 31, 2013

              

Fixed maturities, available-for-sale:

              

Corporate

   $ 523.4   $ 448.2  

Residential mortgage-backed pass-through securities

     2,845.2     2,799.1  

Commercial mortgage-backed securities

     4,026.4     4,078.0  

Collateralized debt obligations

     363.4     391.9  

Other debt obligations

     4,167.8     4,157.5  

Fixed maturities, trading:

              

Residential mortgage-backed pass-through securities

     47.5     47.5  

Commercial mortgage-backed securities

     1.8     1.8  

Collateralized debt obligations

     59.6     59.6  

Other debt obligations

     1.2     1.2  

Other investments:

              

Other limited partnership interests

     123.5     123.5  

December 31, 2012

    
 		    
 		  

Fixed maturities, available-for-sale:

              

Corporate

   $ 523.2   $ 403.7  

Residential mortgage-backed pass-through securities

     3,226.7     3,022.7  

Commercial mortgage-backed securities

     3,897.4     4,094.8  

Collateralized debt obligations

     379.2     428.8  

Other debt obligations

     3,779.2     3,756.9  

Fixed maturities, trading:

              

Residential mortgage-backed pass-through securities

     77.7     77.7  

Commercial mortgage-backed securities

     2.8     2.8  

Collateralized debt obligations

     56.4     56.4  

Other debt obligations

     3.2     3.2  

Other investments:

              

Other limited partnership interests

     136.2     136.2  
(1)
Our risk of loss is limited to our initial investment measured at amortized cost for fixed maturities, available-for-sale and other investments. Our risk of loss is limited to our investment measured at fair value for our fixed maturities, trading.