Derivative Financial Instruments (Tables)

12 Months Ended

Dec. 31, 2012

Summary of Volume and Fair Value Positions of Derivative Instruments

The following table provides a summary of the volume and fair value positions of embedded derivative financial instruments. None of these derivatives are designated as accounting hedging instruments and all are gross liabilities reported in contractholder funds.

	December 31, 2012					December 31, 2011
($ in thousands)	Volume - Notional amount		Fair value			Volume - Notional amount		Fair value
Equity-indexed and forward starting options in life and annuity product contracts	$	3,098,496	$	(295,305	)	$	3,620,132	$	(481,930	)
Guaranteed accumulation benefits		174,791		(18,047	)		202,908		(22,454	)
Guaranteed withdrawal benefits		25,186		(1,574	)		27,740		(2,294	)
Total derivatives	$	3,298,473	$	(314,926	)	$	3,850,780	$	(506,678	)