XML 31 R17.htm IDEA: XBRL DOCUMENT v3.8.0.1
Segment Information
 9 Months Ended
Sep. 30, 2017
Segment Reporting [Abstract]  
Segment Information The Company conducts and manages its business through four segments. The three operating segments, representing the major lines of business, are: Property and Casualty, primarily personal lines automobile and homeowners insurance products; Retirement, primarily tax-qualified fixed and variable annuities; and Life, life insurance. The Company does not allocate the impact of corporate-level transactions to these operating segments, consistent with the basis for management’s evaluation of the results of those segments, but classifies those items in the fourth segment, Corporate and Other. In addition to ongoing transactions such as corporate debt service, net realized investment gains and losses and certain public company expenses, such items also have included corporate debt retirement costs/gains, when applicable. Summarized financial information for these segments is as follows:
 
($ in thousands)
 
Three Months Ended September 30,
 
Nine Months Ended September 30,
 
 
2017
 
2016
 
2017
 
2016
Insurance premiums and contract charges earned
 
 
 
 
 
 
 
 
Property and Casualty
 
$
163,209

 
$
155,727

 
$
481,987

 
$
461,520

Retirement
 
7,393

 
6,448

 
20,753

 
18,614

Life
 
28,333

 
28,875

 
87,635

 
84,726

Total
 
$
198,935

 
$
191,050

 
$
590,375

 
$
564,860

 
 
 
 
 
 
 
 
 
Net investment income
 
 
 
 
 
 
 
 
Property and Casualty
 
$
9,167

 
$
10,018

 
$
26,457

 
$
28,997

Retirement
 
64,340

 
66,174

 
192,921

 
186,950

Life
 
18,999

 
18,852

 
56,215

 
55,338

Corporate and Other
 
17

 
15

 
47

 
44

Intersegment eliminations
 
(203
)
 
(212
)
 
(615
)
 
(644
)
Total
 
$
92,320

 
$
94,847

 
$
275,025

 
$
270,685

 
 
 
 
 
 
 
 
 
Net income (loss)
 
 
 
 
 
 
 
 
Property and Casualty
 
$
13,407

 
$
6,715

 
$
2,186

 
$
16,047

Retirement
 
13,603

 
15,732

 
36,933

 
39,348

Life
 
4,788

 
4,583

 
14,283

 
13,072

Corporate and Other
 
(5,247
)
 
(107
)
 
(9,272
)
 
(4,525
)
Total
 
$
26,551

 
$
26,923

 
$
44,130

 
$
63,942


($ in thousands)
 
September 30, 2017
 
December 31, 2016
Assets
 
 
 
 
Property and Casualty
 
$
1,156,959

 
$
1,110,958

Retirement
 
7,793,727

 
7,449,777

Life
 
1,988,767

 
1,912,771

Corporate and Other
 
135,876

 
140,104

Intersegment eliminations
 
(30,981
)
 
(36,786
)
Total
 
$
11,044,348

 
$
10,576,824