Segment Information

3 Months Ended

Mar. 31, 2020

Segment Reporting [Abstract]

Segment Information

The Company conducts and manages its business through five segments. See Note 1 for a description of the Company's reporting segments that changed effective in the third quarter of 2019. The four operating segments, representing the major lines of insurance business are, Property and Casualty (primarily personal lines automobile and property insurance products), the newly created Supplemental (primarily heart, cancer, accident and limited short-term supplemental disability insurance coverages), 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 fifth segment, Corporate and Other. In addition to ongoing transactions such as corporate debt service, net investment gains (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,
	2020			2019
Insurance premiums and contract charges earned
Property and Casualty	$	166,474		$	170,840
Supplemental	32,990			N/A
Retirement	7,380			8,578
Life	29,421			30,367
Total	$	236,265		$	209,785
Net investment income
Property and Casualty	$	10,293		$	10,218
Supplemental	3,520			N/A
Retirement	53,525			64,739
Life	15,558			18,052
Corporate and Other	(54		)	(23		)
Intersegment eliminations	(567		)	(186		)
Total	$	82,275		$	92,800
Net income (loss)
Property and Casualty	$	26,570		$	15,052
Supplemental	10,537			N/A
Retirement	(947		)	12,151
Life	641			3,277
Corporate and Other	(18,329		)	1,686
Total	$	18,472		$	32,166

($ in thousands)	March 31, 2020			December 31, 2019
Assets
Property and Casualty	$	1,256,125		$	1,327,099
Supplemental	779,077			747,602
Retirement	7,851,447			8,330,127
Life	1,978,346			1,964,993
Corporate and Other	180,866			172,955
Intersegment eliminations	(73,706		)	(64,072		)
Total	$	11,972,155		$	12,478,704

N/A - The acquisition of NTA closed on July 1, 2019.