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Reinsurance and Policy Benefits and Losses, Claims and Loss Expenses Payable (Table Text Block) | 12 Months Ended
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Dec. 31, 2016
Supplemental Schedule of Reinsurance Premiums for Insurance Companies [Abstract] |
Reinsurance and Policy Benefits and Losses, Claims and Loss Expenses Payable |
|  | Direct Amount (a) |  | Ceded to Other Companies |  | Assumed from Other Companies |  | Net Amount (a) |  | Percentage of Amount Assumed to Net
|  | (In thousands)
Year ended December 31, 2016 |  |  |  |  |  |  |  |  |  |
Life insurance in force | $ | 937,779 | $ | 249 | $ | 915,769 | $ | 1,853,299 |  | 49%
Premiums earned: |  |  |  |  |  |  |  |  |  |
Life | $ | 50,251 | $ | – | $ | 10,626 | $ | 60,877 |  | 17%
Accident and health |  | 99,450 |  | 310 |  | 2,263 |  | 101,403 |  | 2%
Annuity |  | 505 |  | – |  | 794 |  | 1,299 |  | 61%
Property and casualty |  | 52,329 |  | – |  | 5 |  | 52,334 |  | 0%
Total | $ | 202,535 | $ | 310 | $ | 13,688 | $ | 215,913 |  |
Year ended December 31, 2015 |  |  |  |  |  |  |  |  |  |
Life insurance in force | $ | 927,647 | $ | 397 | $ | 949,413 | $ | 1,876,663 |  | 51%
Premiums earned: |  |  |  |  |  |  |  |  |  |
Life | $ | 49,126 | $ | 8 | $ | 11,310 | $ | 60,428 |  | 19%
Accident and health |  | 99,354 |  | 312 |  | 2,545 |  | 101,587 |  | 3%
Annuity |  | 392 |  | – |  | 255 |  | 647 |  | 39%
Property and casualty |  | 50,012 |  | – |  | 8 |  | 50,020 |  | 0%
Total | $ | 198,884 | $ | 320 | $ | 14,118 | $ | 212,682 |  |
Year ended December 31, 2014 |  |  |  |  |  |  |  |  |  |
Life insurance in force | $ | 905,987 | $ | 402 | $ | 990,406 | $ | 1,895,991 |  | 52%
Premiums earned: |  |  |  |  |  |  |  |  |  |
Life | $ | 47,298 | $ | – | $ | 12,337 | $ | 59,635 |  | 21%
Accident and health |  | 93,319 |  | 345 |  | 2,796 |  | 95,770 |  | 3%
Annuity |  | 386 |  | – |  | 312 |  | 698 |  | 45%
Property and casualty |  | 46,417 |  | – |  | 39 |  | 46,456 |  | 0%
Total | $ | 187,420 | $ | 345 | $ | 15,484 | $ | 202,559 |  |
(a) Balances are reported net of inter-segment transactions.
Policy Benefits and Losses, Claims and Loss Expenses Payable for Property and Casualty Insurance |
|  | December 31,
|  | 2016 |  | 2015
|  | (In thousands)
Unpaid losses and loss adjustment expense | $ | 244,400 | $ | 251,964
Reinsurance losses payable |  | 580 |  | 855
Total | $ | 244,980 | $ | 252,819
Activity in the liability for unpaid losses and loss adjustment expenses for Property and Casualty Insurance |
|  | December 31,
|  | 2016 |  | 2015 |  | 2014
|  | (In thousands)
Balance at January 1 | $ | 251,964 | $ | 271,609 | $ | 295,126
Less: reinsurance recoverable |  | 107,311 |  | 120,894 |  | 136,535
Net balance at January 1 |  | 144,653 |  | 150,715 |  | 158,591
Incurred related to: |  |  |  |  |  |
Current year |  | 13,297 |  | 11,713 |  | 11,690
Prior years |  | 107 |  | 585 |  | (694)
Total incurred |  | 13,404 |  | 12,298 |  | 10,996
Paid related to: |  |  |  |  |  |
Current year |  | 7,777 |  | 7,007 |  | 6,155
Prior years |  | 9,832 |  | 11,353 |  | 12,717
Total paid |  | 17,609 |  | 18,360 |  | 18,872
Net balance at December 31 |  | 140,448 |  | 144,653 |  | 150,715
Plus: reinsurance recoverable |  | 103,952 |  | 107,311 |  | 120,894
Balance at December 31 | $ | 244,400 | $ | 251,964 | $ | 271,609
Incurred Claims Development |
|  |  |  |  |  |  |  |  |  |  |  | As of
|  |  |  |  |  |  |  |  |  |  |  | December 31, 2016
|  |  |  |  |  |  |  |  |  |  |  | Total of |  |
|  |  |  |  |  |  |  |  |  |  |  | Incurred-but- |  |
|  |  |  |  |  |  |  |  |  |  |  | Not-Reported |  |
|  |  |  |  |  |  |  |  |  |  |  | Liabilities Plus |  |
|  |  |  |  |  |  |  |  |  |  |  | Expected |  | Cumulative
|  |  |  |  |  |  |  |  |  |  |  | Development |  | Number of
Accident |  |  |  |  |  |  |  |  |  |  |  | on Reported |  | Reported
Year |  | 2012 |  | 2013 |  | 2014 |  | 2015 |  | 2016 |  | Claims |  | Claims
|  | (In thousands, except claim counts) |  |
2012 | $ | 8,971 | $ | 8,903 | $ | 8,831 | $ | 8,788 | $ | 8,753 | $ | 2 |  | 6,888
2013 |  |  |  | 9,861 |  | 9,853 |  | 9,914 |  | 9,741 |  | 100 |  | 7,640
2014 |  |  |  |  |  | 11,691 |  | 10,907 |  | 10,720 |  | 338 |  | 9,696
2015 |  |  |  |  |  |  |  | 12,214 |  | 12,459 |  | 1,779 |  | 10,700
2016 |  |  |  |  |  |  |  |  |  | 13,297 |  | 3,486 |  | 10,932
|  |  |  |  |  |  |  |  |  | Total |  | 5,705 |  |
The following table presents paid claims development as of December 31, 2016, net of reinsurance. Claims data for 2012 through 2015 are unaudited.
Cumulative Paid Claims and Allocated Claim Adjustment Expenses, Net of Reinsurance
|  | (In thousands)
Accident |  |  |  |  |  |  |  |  |  |
Year |  | 2012 |  | 2013 |  | 2014 |  | 2015 |  | 2016
2012 | $ | 4,415 | $ | 6,345 | $ | 8,179 | $ | 8,410 | $ | 8,734
2013 |  |  |  | 5,227 |  | 7,608 |  | 8,718 |  | 9,462
2014 |  |  |  |  |  | 6,154 |  | 8,087 |  | 9,270
2015 |  |  |  |  |  |  |  | 7,509 |  | 9,601
2016 |  |  |  |  |  |  |  |  |  | 7,777
|  |  |  |  |  |  |  | Total |  | 44,844
|  | All outstanding liabilities before 2012, net of reinsurance |  | 130,323
Liabilities for claims and claim adjustment expenses, net of reinsurance |  | 140,448
Short-duration Insurance contracts reconciliation of liability |
|  | December 31, 2016
|  | (In thousands)
Liabilities for unpaid Property and Casualty claims |  |
and claim adjustment expenses, net of reinsurance | $ | 140,448
Total reinsurance recoverable on unpaid |  |
Property and Casualty claims | $ | 103,952
Total gross liability for unpaid Property and Casualty |  |
claims and claim adjustment expense | $ | 244,400
Schedule of historical claims duration |
Average Annual Percentage Payout of Incurred Claims by Age, net of Reinsurance
Years |  | 1 | 2 | 3 | 4 | 5
Property and Casualty Insurance |  | 56.1% | 20.3% | 14.5% | 5.1% | 3.7%

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- Definition Tabular disclosure of the activity in the reserve for settling insured claims and expenses incurred in the claims settlement process for the period. The estimated liability includes the amount of money that will be required for future payments of (a) claims that have been reported to the insurer, (b) claims related to insured events that have occurred but that have not been reported to the insurer as of the date the liability is estimated, and (c) claim adjustment expenses. Claim adjustment expenses include costs incurred in the claim settlement process such as legal fees; outside adjuster fees; and costs to record, process, and adjust claims. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 944 -SubTopic 40 -Section 50 -Paragraph 3 -URI http://asc.fasb.org/extlink&oid=65670824&loc=d3e14764-158437 + Details
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- Definition The entire disclosure for the supplemental schedule of reinsurance information. Reinsurance schedule includes, but is not limited to, the type of insurance, gross amount of premiums, premiums ceded to other entities, premiums assumed from other entities, net amount of premium revenue, and the percentage of the premiums assumed to net premium revenue. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 944 -SubTopic 235 -Section S99 -Paragraph 2 -Subparagraph (SX 210.12-17) -URI http://asc.fasb.org/extlink&oid=34713774&loc=d3e574992-122915 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 944 -SubTopic 10 -Section S99 -Paragraph 3 -Subparagraph (SX 210.7-05.(c) Schedule IV) -URI http://asc.fasb.org/extlink&oid=6879921&loc=d3e569147-122900 + Details
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