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Deferred Policy Acquisition Costs and Value of Business Acquired (Tables)
9 Months Ended
Sep. 30, 2014
Deferred Policy Acquisition Costs and Value of Business Acquired [Abstract]  
Deferred Policy Acquisition Costs and Value of Business Acquired
Activity within DAC and VOBA was as follows for the periods indicated:
 
DAC
 
VOBA
 
Total
Balance at January 1, 2014
$
476.2

 
$
696.6

 
$
1,172.8

Deferrals of commissions and expenses
51.0

 
5.2

 
56.2

Amortization:
 
 
 
 
 
Amortization
(69.6
)
 
(92.2
)
 
(161.8
)
Interest accrued(1)
26.8

 
44.8

 
71.6

Net amortization included in the Condensed Consolidated Statements of Operations
(42.8
)
 
(47.4
)
 
(90.2
)
Change in unrealized capital gains/losses on available-for-sale securities
(75.4
)
 
(102.4
)
 
(177.8
)
Balance at September 30, 2014
$
409.0

 
$
552.0

 
$
961.0


 
DAC
 
VOBA
 
Total
Balance at January 1, 2013
$
296.5

 
$
381.4

 
$
677.9

Deferrals of commissions and expenses
52.4

 
5.6

 
58.0

Amortization:
 
 
 
 
 
Amortization
(45.2
)
 
(57.2
)
 
(102.4
)
Interest accrued(1)
25.1

 
45.6

 
70.7

Net amortization included in the Condensed Consolidated Statements of Operations
(20.1
)
 
(11.6
)
 
(31.7
)
Change in unrealized capital gains/losses on available-for-sale securities
136.8

 
310.2

 
447.0

Balance at September 30, 2013
$
465.6

 
$
685.6

 
$
1,151.2

(1) Interest accrued at the following rates for VOBA: 5.5% to 7.0% during 2014 and 5.5% to 7.0% during 2013.