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Retirement Plans (Table)
6 Months Ended
Jun. 30, 2019
Retirement Benefits [Abstract]  
Schedule of Components of Net Periodic Benefit Cost
 
 
Pension Plan
 
Pension Plan
 
 
Quarter ended June 30,
 
Six Months ended June 30,
($ in thousands)
 
2019
 
2018
 
2019
 
2018
Net Periodic Pension Cost (Benefit):
 
 
 
 
 
 
 
 
Interest cost
 
$
3,376

 
3,095

 
6,753

 
6,190

Expected return on plan assets
 
(5,278
)
 
(5,681
)
 
(10,557
)
 
(11,363
)
Amortization of unrecognized net actuarial loss
 
643

 
493

 
1,287

 
987

Total net periodic pension cost (benefit)1
 
$
(1,259
)
 
(2,093
)
 
(2,517
)
 
(4,186
)

1 The components of net periodic pension cost (benefit) are included within "Loss and loss expense incurred" and "Other insurance expenses" on the Consolidated Statements of Income.
Schedule of Weighted-Average Expense Assumptions
 
 
Pension Plan
 
 
Six Months ended June 30,
 
 
2019
 
2018
Weighted-Average Expense Assumptions:
 
 
 
 
Discount rate
 
4.46
%
 
3.78
%
Effective interest rate for calculation of interest cost
 
4.12

 
3.46

Expected return on plan assets
 
6.50

 
6.36