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Reinsurance | 9 Months Ended
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Sep. 30, 2016
Reinsurance Disclosures [Abstract] |
Reinsurance [Text Block] | Reinsurance Receivables The following table presents the effect of reinsurance on premiums written and earned by Fortegra for the following period:
| Three Months Ended September 30, |  | Nine Months Ended September 30,
Premiums | 2016 |  | 2015 |  | 2016 |  | 2015
| Written |  | Earned |  | Written |  | Earned |  | Written |  | Earned |  | Written |  | Earned
Direct and assumed | $ | 181,411 |  |  | $ | 174,297 |  |  | $ | 190,747 |  |  | $ | 155,481 |  |  | $ | 540,247 |  |  | $ | 517,313 |  |  | $ | 502,118 |  |  | $ | 433,117 |
Ceded | (125,399 | ) |  | (126,688 | ) |  | (137,242 | ) |  | (111,597 | ) |  | (387,871 | ) |  | (378,797 | ) |  | (370,415 | ) |  | (312,173 | )
Net | $ | 56,012 |  |  | $ | 47,609 |  |  | $ | 53,505 |  |  | $ | 43,884 |  |  | $ | 152,376 |  |  | $ | 138,516 |  |  | $ | 131,703 |  |  | $ | 120,944 |
The following table presents the effect of reinsurance on losses and loss adjustment expenses incurred by Fortegra for the following period:
| Three Months Ended September 30, |  | Nine Months Ended September 30,
| 2016 |  | 2015 |  | 2016 |  | 2015
Direct and assumed | $ | 76,894 |  |  | $ | 46,872 |  |  | $ | 208,804 |  |  | $ | 126,914 |
Ceded | (56,980 | ) |  | (31,924 | ) |  | (153,702 | ) |  | (86,590 | )
Net losses and loss adjustment expense | $ | 19,914 |  |  | $ | 14,948 |  |  | $ | 55,102 |  |  | $ | 40,324 |
The following table presents the components of the reinsurance receivables:
| As of
| September 30, 2016 |  | December 31, 2015
Prepaid reinsurance premiums: |  |  |
Life (1) | $ | 63,948 |  |  | $ | 61,919 |
Accident and health (1) | 53,880 |  |  | 54,357 |
Property | 186,659 |  |  | 180,236 |
Total | 304,487 |  |  | 296,512 |
Ceded claim reserves: |  |  |
Life | 2,899 |  |  | 2,664 |
Accident and health | 9,987 |  |  | 8,889 |
Property | 47,476 |  |  | 30,911 |
Total ceded claim reserves recoverable | 60,362 |  |  | 42,464 |
Other reinsurance settlements recoverable | 16,314 |  |  | 13,950 |
Reinsurance receivables | $ | 381,163 |  |  | $ | 352,926 |
(1) | Including policyholder account balances ceded.
The following table presents the aggregate amount included in reinsurance receivables that is comprised of the three largest receivable balances from unrelated reinsurers:
| As of
| September 30, 2016
Total of the three largest receivable balances from unrelated reinsurers | $ | 167,472 |
At September 30, 2016, the three unrelated reinsurers from whom Fortegra has the largest receivable balances were: London Life International Reinsurance Corporation (A. M. Best Rating: Not rated); MFI Insurance Company, LTD (A. M. Best Rating: Not rated) and Frandicso Property and Casualty Insurance Corporation (A. M. Best Rating: Not rated). The related receivables of London Life International Reinsurance Corporation and MFI Insurance Company, LTD are collateralized by assets held in trust accounts and letters of credit due to their offshore relationships. At September 30, 2016, the Company does not believe there is a risk of loss due to the concentration of credit risk in the reinsurance program given the collateralization.

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- Definition The entire disclosure pertaining to the existence, magnitude and information about insurance that has been ceded to or assumed from another insurance company, including the methodologies and assumptions used in determining recorded amounts. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 944 -SubTopic 20 -Section 50 -Paragraph 4 -URI http://asc.fasb.org/extlink&oid=6480758&loc=d3e6816-158387 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 944 -SubTopic 605 -Section 50 -Paragraph 3 -URI http://asc.fasb.org/extlink&oid=6486672&loc=d3e27374-158547 Reference 3: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 944 -SubTopic 210 -Section S99 -Paragraph 1 -Subparagraph (SX 210.7-03.6,13) -URI http://asc.fasb.org/extlink&oid=6879938&loc=d3e572229-122910 Reference 4: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 944 -SubTopic 20 -Section 50 -Paragraph 3 -URI http://asc.fasb.org/extlink&oid=6480758&loc=d3e6811-158387 Reference 5: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 944 -SubTopic 605 -Section 50 -Paragraph 1 -URI http://asc.fasb.org/extlink&oid=6486672&loc=d3e27261-158547 Reference 6: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 944 -SubTopic 605 -Section 55 -Paragraph 13 -URI http://asc.fasb.org/extlink&oid=34714010&loc=d3e27795-158548 Reference 7: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 944 -SubTopic 605 -Section 55 -Paragraph 10 -URI http://asc.fasb.org/extlink&oid=34714010&loc=d3e27703-158548 Reference 8: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 944 -SubTopic 310 -Section 50 -Paragraph 2 -URI http://asc.fasb.org/extlink&oid=6485557&loc=d3e21549-158491 + Details
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