Valuation of Business Acquired (Tables)

12 Months Ended

Dec. 31, 2014

PresentValueOfFutureInsuranceProfitsAbstract

VOBA and Gross Amortization Table

			2014		2013		2012
	(in thousands)
Balance, beginning of period		$	43,500	$	43,090	$	29,010
Amortization - Impact of assumption and experience unlocking and true-ups (1)			5,412		6,376		21,931
Amortization - All other (1)			(11,181)		(11,593)		(13,871)
Interest (2)			2,615		2,762		2,077
Change in unrealized gains/losses			(608)		2,865		3,943
Balance, end of year		$	39,738	$	43,500	$	43,090

(1) The weighted average remaining expected life of VOBA was approximately 5.26 years from the date of acquisition.

(2) The interest accrual rate for the VOBA related to the businesses acquired was6.10%, 6.14% and 6.18% for years ended December 31, 2014, 2013and 2012.

Future Amortization Table

		2015		2016		2017		2018		2019
	(in thousands)
Estimated future VOBA amortization	$	6,571	$	5,276	$	4,446	$	3,804	$	3,134