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Segment Information | 12 Months Ended
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Dec. 31, 2021
Segment Reporting [Abstract] |
Segment Information | Segment Information The Company conducts and manages its business through five reporting segments. The four operating segments, representing the major lines of business, are: Property & Casualty (primarily personal lines of auto and property insurance products), Supplemental (primarily cancer, heart, hospital, supplemental disability and accident 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 reporting segment, Corporate & 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. The accounting policies of the segments are the same as those described in Note 1. The Company accounts for intersegment transactions, primarily the allocation of operating and agency costs from Corporate & Other to Property & Casualty, Supplemental, Retirement and Life, on a direct cost basis. Summarized financial information for these segments is as follows:
($ in millions) |  | Years Ended December 31,
|  | 2021 |  | 2020 |  | 2019
Premiums and contract charges earned |  |  |  |  |  |
Property & Casualty |  | $ | 617.4 |  |  | $ | 650.1 |  |  | $ | 683.5 |
Supplemental(1) |  | 125.3 |  |  | 130.7 |  |  | 65.8 |
Retirement |  | 38.5 |  |  | 29.7 |  |  | 29.1 |
Life |  | 108.4 |  |  | 120.2 |  |  | 119.6 |
Total |  | $ | 889.6 |  |  | $ | 930.7 |  |  | $ | 898.0 |
Net investment income |  |  |  |  |  |
Property & Casualty |  | $ | 61.1 |  |  | $ | 42.6 |  |  | $ | 41.7 |
Supplemental(1) |  | 24.8 |  |  | 17.8 |  |  | 7.5 |
Retirement |  | 255.9 |  |  | 229.8 |  |  | 245.5 |
Life |  | 83.1 |  |  | 69.8 |  |  | 72.0 |
Corporate & Other |  | (0.1) |  |  | (0.2) |  |  | (0.1) |
Intersegment eliminations |  | (2.3) |  |  | (2.2) |  |  | (1.5) |
Total |  | $ | 422.5 |  |  | $ | 357.6 |  |  | $ | 365.1 |
Net income (loss) |  |  |  |  |  |
Property & Casualty |  | $ | 57.0 |  |  | $ | 76.5 |  |  | $ | 54.3 |
Supplemental(1) |  | 46.3 |  |  | 43.1 |  |  | 18.0 |
Retirement |  | 52.0 |  |  | 20.1 |  |  | (4.8) |
Life |  | 16.1 |  |  | 10.4 |  |  | 17.6 |
Corporate & Other |  | (28.6) |  |  | (16.8) |  |  | 99.3 |
Total |  | $ | 142.8 |  |  | $ | 133.3 |  |  | $ | 184.4 |
($ in millions) |  | December 31,
|  | 2021 |  | 2020 |  | 2019
Assets |  |  |  |  |  |
Property & Casualty |  | $ | 1,243.4 |  |  | $ | 1,324.9 |  |  | $ | 1,327.1 |
Supplemental |  | 854.9 |  |  | 811.5 |  |  | 747.6 |
Retirement |  | 9,939.1 |  |  | 9,198.7 |  |  | 8,330.1 |
Life |  | 2,129.5 |  |  | 2,044.5 |  |  | 1,965.0 |
Corporate & Other |  | 281.8 |  |  | 182.3 |  |  | 173.0 |
Intersegment eliminations |  | (64.8) |  |  | (90.1) |  |  | (64.1) |
Total |  | $ | 14,383.9 |  |  | $ | 13,471.8 |  |  | $ | 12,478.7 |
(1) Acquired on July 1, 2019. The twelve month comparison is not meaningful. Additional significant financial information for these segments is as follows:
($ in millions) |  | Years Ended December 31,
|  | 2021 |  | 2020 |  | 2019
DAC amortization expense |  |  |  |  |  |
Property & Casualty |  | $ | 67.7 |  |  | $ | 74.4 |  |  | $ | 79.5 |
Supplemental(1) |  | 1.2 |  |  | 1.3 |  |  | 0.4 |
Retirement |  | 18.5 |  |  | 16.7 |  |  | 21.5 |
Life |  | 7.3 |  |  | 7.5 |  |  | 7.8 |
Total |  | $ | 94.7 |  |  | $ | 99.9 |  |  | $ | 109.2 |
Income tax expense (benefit) |  |  |  |  |  |
Property & Casualty |  | $ | 13.2 |  |  | $ | 15.4 |  |  | $ | 14.0 |
Supplemental(1) |  | 12.7 |  |  | 12.0 |  |  | 5.1 |
Retirement |  | 9.9 |  |  | 2.1 |  |  | 33.8 |
Life |  | 3.6 |  |  | 2.4 |  |  | 4.9 |
Corporate & Other |  | (7.3) |  |  | (5.6) |  |  | (5.8) |
Total |  | $ | 32.1 |  |  | $ | 26.3 |  |  | $ | 52.0 |
(1) Acquired on July 1, 2019. The twelve month comparison is not meaningful.

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- Definition The entire disclosure for reporting segments including data and tables. Reportable segments include those that meet any of the following quantitative thresholds a) it's reported revenue, including sales to external customers and intersegment sales or transfers is 10 percent or more of the combined revenue, internal and external, of all operating segments b) the absolute amount of its reported profit or loss is 10 percent or more of the greater, in absolute amount of 1) the combined reported profit of all operating segments that did not report a loss or 2) the combined reported loss of all operating segments that did report a loss c) its assets are 10 percent or more of the combined assets of all operating segments. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 31 -URI http://asc.fasb.org/extlink&oid=123359005&loc=d3e8924-108599 Reference 2: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 34 -URI http://asc.fasb.org/extlink&oid=123359005&loc=d3e8981-108599 Reference 3: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 21 -Subparagraph (a) -URI http://asc.fasb.org/extlink&oid=123359005&loc=d3e8721-108599 Reference 4: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 40 -URI http://asc.fasb.org/extlink&oid=123359005&loc=d3e9031-108599 Reference 5: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 32 -Subparagraph (f) -URI http://asc.fasb.org/extlink&oid=123359005&loc=d3e8933-108599 Reference 6: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 32 -Subparagraph (e) -URI http://asc.fasb.org/extlink&oid=123359005&loc=d3e8933-108599 Reference 7: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 26 -URI http://asc.fasb.org/extlink&oid=123359005&loc=d3e8844-108599 Reference 8: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 41 -URI http://asc.fasb.org/extlink&oid=123359005&loc=d3e9038-108599 Reference 9: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 32 -Subparagraph (d) -URI http://asc.fasb.org/extlink&oid=123359005&loc=d3e8933-108599 Reference 10: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 22 -URI http://asc.fasb.org/extlink&oid=123359005&loc=d3e8736-108599 Reference 11: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 42 -URI http://asc.fasb.org/extlink&oid=123359005&loc=d3e9054-108599 Reference 12: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 15 -URI http://asc.fasb.org/extlink&oid=123359005&loc=d3e8657-108599 Reference 13: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 21 -Subparagraph (b) -URI http://asc.fasb.org/extlink&oid=123359005&loc=d3e8721-108599 Reference 14: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -URI http://asc.fasb.org/topic&trid=2134510 + Details
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