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Reinsurance
 9 Months Ended
Sep. 30, 2013
Insurance [Abstract]  
Reinsurance
Note 6 - Reinsurance
 
The Company recognizes the cost of reinsurance premiums over the contract periods for such premiums in proportion to the insurance protection provided. Amounts recoverable from reinsurers for unpaid claims and claim settlement expenses, including estimated amounts for unsettled claims, claims incurred but not yet reported and policy benefits, are estimated in a manner consistent with the insurance liability associated with the policy. The effects of reinsurance on premiums written and contract deposits; premiums and contract charges earned; and benefits, claims and settlement expenses were as follows:
 
 
 
 
 
 
Ceded to
 
Assumed
 
 
 
 
 
 
Gross
 
Other
 
from Other
 
Net
 
 
 
Amount
 
Companies
 
Companies
 
Amount
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Three months ended September 30, 2013
 
 
 
 
 
 
 
 
 
 
 
 
 
Premiums written and contract deposits
 
$
312,351
 
$
7,162
 
$
844
 
$
306,033
 
Premiums and contract charges earned
 
 
179,969
 
 
7,094
 
 
886
 
 
173,761
 
Benefits, claims and settlement expenses
 
 
114,261
 
 
2,602
 
 
1,042
 
 
112,701
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Three months ended September 30, 2012
 
 
 
 
 
 
 
 
 
 
 
 
 
Premiums written and contract deposits
 
$
291,732
 
$
7,407
 
$
881
 
$
285,206
 
Premiums and contract charges earned
 
 
174,372
 
 
7,410
 
 
942
 
 
167,904
 
Benefits, claims and settlement expenses
 
 
108,680
 
 
3,585
 
 
956
 
 
106,051
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Nine months ended September 30, 2013
 
 
 
 
 
 
 
 
 
 
 
 
 
Premiums written and contract deposits
 
$
838,615
 
$
22,074
 
$
2,273
 
$
818,814
 
Premiums and contract charges earned
 
 
534,621
 
 
22,455
 
 
2,314
 
 
514,480
 
Benefits, claims and settlement expenses
 
 
351,274
 
 
7,251
 
 
2,142
 
 
346,165
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Nine months ended September 30, 2012
 
 
 
 
 
 
 
 
 
 
 
 
 
Premiums written and contract deposits
 
$
808,147
 
$
22,175
 
$
2,276
 
$
788,248
 
Premiums and contract charges earned
 
 
519,928
 
 
22,541
 
 
2,356
 
 
499,743
 
Benefits, claims and settlement expenses
 
 
353,029
 
 
10,365
 
 
2,249
 
 
344,913