XML 104 R41.htm IDEA: XBRL DOCUMENT
v3.19.3.a.u2

Goodwill and Intangible Assets (Tables) | 12 Months Ended
--- | ---
Dec. 31, 2019
Goodwill and Intangible Assets Disclosure [Abstract] |
Schedule of Goodwill | Goodwill balances by business segment at December 31, 2019 and 2018 were:
DOLLARS IN MILLIONS |  | 2019 |  | 2018
Specialty Property & Casualty Insurance |  | $ | 845.0 |  |  | $ | 843.4 |
Preferred Property & Casualty Insurance |  | 49.6 |  |  | 49.6 |
Life & Health Insurance |  | 219.4 |  |  | 219.4 |
Total |  | $ | 1,114.0 |  |  | $ | 1,112.4 |
Schedule of Definite-Life Intangible Assets | Definite and indefinite life intangible assets at December 31, 2019 and 2018 were:
DOLLARS IN MILLIONS |  | 2019 |  | 2018
Definite Life Intangible Assets: |  |  |  |
Value of Business Acquired |  | $ | 24.1 |  |  | $ | 30.2 |
Customer Relationships |  | 4.3 |  |  | 6.7 |
Agent Relationships |  | 62.5 |  |  | 68.0 |
Trade Names |  | — |  |  | 7.0 |
Internal-Use Software |  | 189.7 |  |  | 149.1 |
Total Definite Life Intangible Assets |  | 280.6 |  |  | 261.0 |
Indefinite Life Intangible Assets: |  |  |  |
Trade Names |  | 5.2 |  |  | 5.2 |
Insurance Licenses |  | 42.6 |  |  | 42.6 |
Total Indefinite Life Intangible Assets |  | 47.8 |  |  | 47.8 |
Total Intangible Assets |  | $ | 328.4 |  |  | $ | 308.8 |
Schedule of Indefinite-Life Intangible Assets | Definite and indefinite life intangible assets at December 31, 2019 and 2018 were:
DOLLARS IN MILLIONS |  | 2019 |  | 2018
Definite Life Intangible Assets: |  |  |  |
Value of Business Acquired |  | $ | 24.1 |  |  | $ | 30.2 |
Customer Relationships |  | 4.3 |  |  | 6.7 |
Agent Relationships |  | 62.5 |  |  | 68.0 |
Trade Names |  | — |  |  | 7.0 |
Internal-Use Software |  | 189.7 |  |  | 149.1 |
Total Definite Life Intangible Assets |  | 280.6 |  |  | 261.0 |
Indefinite Life Intangible Assets: |  |  |  |
Trade Names |  | 5.2 |  |  | 5.2 |
Insurance Licenses |  | 42.6 |  |  | 42.6 |
Total Indefinite Life Intangible Assets |  | 47.8 |  |  | 47.8 |
Total Intangible Assets |  | $ | 328.4 |  |  | $ | 308.8 |
Schedule of Definite-Life Intangible Assets, Future Amortization Expense | The amount of amortization expense expected to be recorded in the next five years for definite life intangible assets is as follows:
DOLLARS IN MILLIONS |  | 2020 |  | 2021 |  | 2022 |  | 2023 |  | 2024
Definite Life Intangible Assets: |  |  |  |  |  |  |  |  |  |
Value of Business Acquired |  | $ | 4.0 |  |  | $ | 3.1 |  |  | $ | 2.7 |  |  | $ | 2.5 |  |  | $ | 2.4 |
Customer Relationships |  | 0.9 |  |  | 0.8 |  |  | 0.6 |  |  | 0.5 |  |  | 0.4 |
Agent Relationships |  | 5.0 |  |  | 5.0 |  |  | 5.0 |  |  | 5.0 |  |  | 5.0 |
Internal-Use Software |  | 24.1 |  |  | 19.1 |  |  | 17.9 |  |  | 16.5 |  |  | 14.0 |
Total |  | $ | 34.0 |  |  | $ | 28.0 |  |  | $ | 26.2 |  |  | $ | 24.5 |  |  | $ | 21.8 |

X
- References No definition available. + Details
Name: | us-gaap_GoodwillAndIntangibleAssetsDisclosureAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of assets, excluding financial assets and goodwill, lacking physical substance with a finite life, by either major class or business segment. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 350 -SubTopic 30 -Section 50 -Paragraph 2 -Subparagraph (a) -URI http://asc.fasb.org/extlink&oid=66006027&loc=d3e16323-109275 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 350 -SubTopic 30 -Section 50 -Paragraph 1 -Subparagraph (a) -URI http://asc.fasb.org/extlink&oid=66006027&loc=d3e16265-109275 + Details
Name: | us-gaap_ScheduleOfFiniteLivedIntangibleAssetsTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of goodwill by reportable segment and in total which includes a rollforward schedule. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 350 -SubTopic 20 -Section 50 -Paragraph 1 -URI http://asc.fasb.org/extlink&oid=108376223&loc=d3e13816-109267 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 350 -SubTopic 20 -Section 50 -Paragraph 2 -URI http://asc.fasb.org/extlink&oid=108376223&loc=d3e13854-109267 + Details
Name: | us-gaap_ScheduleOfGoodwillTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of assets, excluding financial assets and goodwill, lacking physical substance and exist in perpetuity, by either major class or business segment. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 350 -SubTopic 30 -Section 50 -Paragraph 3 -Subparagraph (b),(d) -URI http://asc.fasb.org/extlink&oid=66006027&loc=d3e16373-109275 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 350 -SubTopic 30 -Section 50 -Paragraph 2 -Subparagraph (b) -URI http://asc.fasb.org/extlink&oid=66006027&loc=d3e16323-109275 + Details
Name: | us-gaap_ScheduleOfIndefiniteLivedIntangibleAssetsTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of the amount of amortization expense expected to be recorded in succeeding fiscal years for finite-lived intangible assets. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 350 -SubTopic 30 -Section 50 -Paragraph 2 -Subparagraph (a) -URI http://asc.fasb.org/extlink&oid=66006027&loc=d3e16323-109275 + Details
Name: | us-gaap_ScheduleofFiniteLivedIntangibleAssetsFutureAmortizationExpenseTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration