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Goodwill and Intangible Assets (Tables) | 12 Months Ended
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Dec. 31, 2021
Goodwill and Intangible Assets Disclosure [Abstract] |
Schedule of goodwill | The changes in the carrying amount of goodwill by reportable segment for the year ended December 31, 2021 were as follows:
($ in millions) |  | December 31, 2020 |  | Impairments |  | Acquisitions |  | December 31, 2021
Property & Casualty |  | $ | 9.5 |  |  | $ | — |  |  | $ | — |  |  | $ | 9.5 |
Supplemental |  | 19.6 |  |  | — |  |  | — |  |  | 19.6 |
Retirement |  | 4.5 |  |  | — |  |  | — |  |  | 4.5 |
Life |  | 9.9 |  |  | — |  |  | — |  |  | 9.9 |
Total |  | $ | 43.5 |  |  | $ | — |  |  | $ | — |  |  | $ | 43.5 |
Summary of finite-lived intangible assets | As of December 31, 2021 the outstanding amounts of definite-lived intangible assets subject to amortization were as follows:
($ in millions) |  | Weighted Average Useful Life (in Years) |  |
At inception: |  |  |  |
Value of business acquired |  | 30 |  | $ | 94.4 |
Value of distribution acquired |  | 17 |  | 54.0 |
Value of agency relationships |  | 14 |  | 17.0 |
Value of customer relationships |  | 10 |  | 9.1 |
Total |  | 23 |  | 174.5 |
Accumulated amortization and impairments: |  |  |  |
Value of business acquired |  |  |  | (17.6) |
Value of distribution acquired |  |  |  | (11.6) |
Value of agency relationships |  |  |  | (6.3) |
Value of customer relationships |  |  |  | (4.4) |
Total |  |  |  | (39.9) |
Net intangible assets subject to amortization: |  |  |  | $ | 134.6 |
Future amortization expense | Estimated future amortization of the Company's definite-lived intangible assets were as follows:
($ in millions) |  |
Year Ending December 31, |  |
2022 |  | $ | 12.1 |
2023 |  | 11.2 |
2024 |  | 10.5 |
2025 |  | 9.8 |
2026 |  | 9.2 |
Thereafter |  | 81.8 |
Total |  | $ | 134.6 |
Summary of indefinite-lived intangible assets | Indefinite-lived intangible assets (not subject to amortization) as of December 31, 2021 were as follows:
($ in millions) |  | December 31, 2020 |  | Impairments |  | Acquisitions |  | December 31, 2021
Trade names |  | $ | 7.9 |  |  | $ | — |  |  | $ | — |  |  | $ | 7.9 |
State licenses |  | 2.9 |  |  | — |  |  | — |  |  | 2.9 |
Total |  | $ | 10.8 |  |  | $ | — |  |  | $ | — |  |  | $ | 10.8 |

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