CONSOLIDATED QUARTERLY RESULTS — UNAUDITED

The Company's unaudited consolidated quarterly operating data for the year ended December 31, 2017 (Successor Company) and for the year ended December 31, 2016 (Successor Company) is presented below. In the opinion of management, all adjustments (consisting only of normal recurring items) necessary for a fair statement of quarterly results have been reflected in the following data. It is also management's opinion, however, that quarterly operating data for insurance enterprises are not necessarily indicative of results that may be expected in succeeding quarters or years. In order to obtain a more accurate indication of performance, there should be a review of operating results, changes in shareowner's equity, and cash flows for a period of several quarters.



	First Quarter			Second Quarter			Third Quarter			Fourth Quarter
	(Dollars In Thousands)
Successor Company
For The Year Ended December 31, 2017
Premiums and policy fees	$	855,579		$	862,906		$	849,743		$	888,134
Reinsurance ceded	(319,055		)	(344,208		)	(326,572		)	(377,261		)
Net of reinsurance ceded	536,524			518,698			523,171			510,873
Net investment income	474,709			475,722			477,011			495,614
Realized investment gains (losses)	(38,059		)	(10,259		)	23,452			8,912
Net impairment losses recognized in earnings	(5,201		)	(2,785		)	(273		)	(853		)
Other income	79,383			82,087			82,031			81,910
Total revenues	1,047,356			1,063,463			1,105,392			1,096,456
Total benefits and expenses	960,712			930,177			939,410			1,018,360
Income before income tax	86,644			133,286			165,982			78,096
Income tax expense (benefit)	28,305			43,654			49,016			(839,384		)
Net income	$	58,339		$	89,632		$	116,966		$	917,480

	First Quarter			Second Quarter			Third Quarter			Fourth Quarter
	(Dollars In Thousands)
Successor Company
For The Year Ended December 31, 2016
Premiums and policy fees	$	848,369		$	853,351		$	829,835		$	857,864
Reinsurance ceded	(314,874		)	(340,594		)	(325,373		)	(349,882		)
Net of reinsurance ceded	533,495			512,757			504,462			507,982
Net investment income	448,229			458,783			451,818			464,633
Realized investment gains (losses)	113,617			132,331			24,684			(130,212		)
Net impairment losses recognized in earnings	(2,617		)	(967		)	(3,308		)	(10,856		)
Other income	67,178			71,938			76,132			73,630
Total revenues	1,159,902			1,174,842			1,053,788			905,177
Total benefits and expenses	924,923			914,262			959,521			972,322
Income before income tax	234,979			260,580			94,267			(67,145		)
Income tax expense	76,362			87,787			20,965			(15,041		)
Net income	$	158,617		$	172,793		$	73,302		$	(52,104	)