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Reinsurance (Tables)
 12 Months Ended
Dec. 31, 2013
Insurance [Abstract]  
Effects of Reinsurance
Information regarding the effect of reinsurance is as follows as of December 31, 2013 and 2012:
 
2013
 
Direct
 
Assumed
 
Ceded
 
Total,
Net of
Reinsurance
Assets
 
 
 
 
 
 
 
Premiums receivable
$
93.5

 
$
356.7

 
$
(374.6
)
 
$
75.6

Reinsurance recoverable
—

 
—

 
6,702.2

 
6,702.2

Total
$
93.5

 
$
356.7

 
$
6,327.6

 
$
6,777.8

 
 
 
 
 
 
 
 
Liabilities
 
 
 
 
 
 
 
Future policy benefits and contract owner account balances
$
80,315.6

 
$
3,691.1

 
$
(6,702.2
)
 
$
77,304.5

Liability for funds withheld under reinsurance agreements
1,181.5

 
—

 
—

 
1,181.5

Total
$
81,497.1

 
$
3,691.1

 
$
(6,702.2
)
 
$
78,486.0

 
 
 
 
 
 
 
 
 
2012
 
Direct
 
Assumed
 
Ceded
 
Total,
Net of
Reinsurance
Assets
 
 
 
 
 
 
 
Premiums receivable
$
96.9

 
$
384.7

 
$
(411.4
)
 
$
70.2

Reinsurance recoverable
—

 
—

 
7,379.3

 
7,379.3

Total
$
96.9

 
$
384.7

 
$
6,967.9

 
$
7,449.5

 
 
 
 
 
 
 
 
Liabilities
 
 
 
 
 
 
 
Future policy benefits and contract owner account balances
$
82,185.3

 
$
3,870.4

 
$
(7,379.3
)
 
$
78,676.4

Liability for funds withheld under reinsurance agreements
1,236.6

 
—

 
—

 
1,236.6

Total
$
83,421.9

 
$
3,870.4

 
$
(7,379.3
)
 
$
79,913.0


Information regarding the effect of reinsurance is as follows for the years ended December 31, 2013, 2012 and 2011:
 
2013
 
2012
 
2011
Premiums:
 
 
 
 
 
Direct premiums
$
2,184.1

 
$
2,084.0

 
$
1,999.2

Reinsurance assumed
1,233.0

 
1,303.6

 
1,329.2

Reinsurance ceded
(1,460.8
)
 
(1,526.5
)
 
(1,558.4
)
Net premiums
$
1,956.3

 
$
1,861.1

 
$
1,770.0

 
 
 
 
 
 
Fee income:
 
 
 
 
 
Gross fee income
$
3,671.4

 
$
3,520.7

 
$
3,609.6

Reinsurance ceded
(5.1
)
 
(5.3
)
 
(6.0
)
Net fee income
$
3,666.3

 
$
3,515.4

 
$
3,603.6

 
 
 
 
 
 
Interest credited and other benefits to contract owners / policyholders:
 
 
 
 
 
Direct interest credited and other benefits to contract owners / policyholders
$
4,786.9

 
$
5,205.5

 
$
6,179.9

Reinsurance assumed
1,221.9

 
1,153.4

 
1,333.2

Reinsurance ceded(1)
(1,511.0
)
 
(1,497.3
)
 
(1,771.1
)
Net interest credited and other benefits to contract owners / policyholders
$
4,497.8

 
$
4,861.6

 
$
5,742.0