Segment Information

6 Months Ended

Jun. 30, 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 June 30,						Six Months Ended June 30,
	2020			2019			2020			2019
Insurance premiums and contract charges earned
Property and Casualty	$	156,212		$	171,303		$	322,686		$	342,143
Supplemental	33,302			N/A			66,292			N/A
Retirement	6,717			6,931			14,097			15,509
Life	29,200			29,862			58,621			60,229
Total	$	225,431		$	208,096		$	461,696		$	417,881
Net investment income
Property and Casualty	$	6,325		$	12,643		$	16,618		$	22,861
Supplemental	4,035			N/A			7,555			N/A
Retirement	55,044			62,684			108,569			127,423
Life	15,630			18,324			31,188			36,376
Corporate and Other	(58		)	(14		)	(112		)	(37		)
Intersegment eliminations	(566		)	(179		)	(1,133		)	(365		)
Total	$	80,410		$	93,458		$	162,685		$	186,258
Net income (loss)
Property and Casualty	$	11,289		$	5,101		$	37,859		$	20,153
Supplemental	9,479			N/A			20,016			N/A
Retirement	9,733			(25,045		)	8,786			(12,894		)
Life	1,922			5,239			2,563			8,516
Corporate and Other	(1,845		)	108,527			(20,174		)	110,213
Total	$	30,578		$	93,822		$	49,050		$	125,988

($ in thousands)	June 30, 2020			December 31, 2019
Assets
Property and Casualty	$	1,283,328		$	1,327,099
Supplemental	810,122			747,602
Retirement	8,317,079			8,330,127
Life	2,048,910			1,964,993
Corporate and Other	168,108			172,955
Intersegment eliminations	(55,843		)	(64,072		)
Total	$	12,571,704		$	12,478,704

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