Reinsurance (Tables)

6 Months Ended

Jun. 30, 2021

Insurance [Abstract]

Effects of reinsurance on premiums and benefits

The effects of reinsurance on premiums written and contract deposits; premiums and contract charges earned; and benefits, claims and settlement expenses were as follows:

($ in millions)	Gross Amount		Ceded to Other Companies(1)		Assumed from Other Companies		Net Amount
Three months ended June 30, 2021
Premiums written and contract deposits(2)	$	351.2	$	5.6	$	2.5	$	348.1
Premiums and contract charges earned	231.5		8.1		2.4		225.8
Benefits, claims and settlement expenses	144.6		(1.0)		1.5		147.1
Three months ended June 30, 2020
Premiums written and contract deposits(2)	$	332.4	$	6.4	$	3.1	$	329.1
Premiums and contract charges earned	230.6		8.3		3.1		225.4
Benefits, claims and settlement expenses	143.3		2.4		2.1		143.0
Six months ended June 30, 2021
Premiums written and contract deposits(2)	$	671.8	$	11.5	$	4.0	$	664.3
Premiums and contract charges earned	465.7		16.5		4.2		453.4
Benefits, claims and settlement expenses	280.2		1.5		2.7		281.4
Six months ended June 30, 2020
Premiums written and contract deposits(2)	$	666.1	$	12.7	$	4.5	$	657.9
Premiums and contract charges earned	473.8		16.7		4.6		461.7
Benefits, claims and settlement expenses	282.8		4.3		3.2		281.7

(1)    Excludes the annuity reinsurance transaction accounted for using the deposit method that is discussed in Note 4.

(2)    This measure is not based on accounting principles generally accepted in the United States of America (non-GAAP). An explanation of this non-GAAP measure is contained in the Glossary of Selected Terms included as Exhibit 99.1 in the Company's reports filed with the SEC.