Segregated Funds (Tables)

12 Months Ended

Dec. 31, 2017

The composition of net assets by categories of segregated funds was within the following ranges for the years ended December 31, 2017 and 2016.

The carrying value and change in segregated funds net assets are as follows.

Segregated funds net assets



As at December 31,	2017			2016
Investments at market value
Cash and short-term securities	$	4,756		$	4,524
Debt securities		15,472			15,651
Equities		12,624			12,458
Mutual funds		288,007			278,966
Other investments		4,514			4,552
Accrued investment income		201			201
Other assets and liabilities, net		(766	)		(644	)
Total segregated funds net assets	$	324,808		$	315,708
Composition of segregated funds net assets
Held by policyholders	$	324,307		$	315,177
Held by the Company		501			531
Total segregated funds net assets	$	324,808		$	315,708

Changes in segregated funds net assets



For the years ended December 31,	2017			2016
Net policyholder cash flow
Deposits from policyholders	$	34,776		$	33,130
Net transfers to general fund		(1,734	)		(878	)
Payments to policyholders		(45,970	)		(39,731	)
		(12,928	)		(7,479	)
Investment related
Interest and dividends		16,930			15,736
Net realized and unrealized investment gains		24,384			4,097
		41,314			19,833
Other
Management and administration fees		(4,496	)		(4,386	)
Impact of changes in foreign exchange rates		(14,790	)		(6,007	)
		(19,286	)		(10,393	)
Net additions		9,100			1,961
Segregated funds net assets, beginning of year		315,708			313,747
Segregated funds net assets, end of year	$	324,808		$	315,708