Segment Information

3 Months Ended

Mar. 31, 2018

The Company conducts and manages its business through four segments. The three operating segments, representing the major lines of insurance business, are: Property and Casualty, primarily personal lines automobile and property 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 investment gains and losses and certain public company expenses, such items also have included corporate debt retirement costs, when applicable. Summarized financial information for these segments is as follows:



($ in thousands)	Three Months Ended March 31,
	2018			2017
Insurance premiums and contract charges earned
Property and Casualty	$	165,458		$	158,318
Retirement	8,068			6,601
Life	29,472			30,803
Total	$	202,998		$	195,722

Net investment income
Property and Casualty	$	9,516		$	9,177
Retirement	64,169			63,442
Life	18,340			18,288
Corporate and Other	36			12
Intersegment eliminations	(197		)	(208		)
Total	$	91,864		$	90,711

Net income (loss)
Property and Casualty	$	9,722		$	2,735
Retirement	11,421			11,530
Life	3,787			3,885
Corporate and Other	(4,775		)	(2,832		)
Total	$	20,155		$	15,318



($ in thousands)	March 31, 2018			December 31, 2017
Assets
Property and Casualty	$	1,202,791		$	1,217,394
Retirement	7,969,848			8,063,912
Life	1,785,912			1,815,732
Corporate and Other	140,526			143,784
Intersegment eliminations	(30,535		)	(42,482		)
Total	$	11,068,542		$	11,198,340