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2) Investments: Schedule of Unrealized Loss on Investments (Tables)
12 Months Ended
Dec. 31, 2018
Fixed Maturities | As of December 2018  
Schedule of Unrealized Loss on Investments

 

 

 

Unrealized Losses for Less than Twelve Months

 

Fair Value

 

Unrealized Losses for More than Twelve Months

 

Fair Value

 

Total Unrealized Loss

 

Fair Value

At December 31, 2018

 

 

 

 

 

 

 

 

 

 

 

 

U.S. Treasury Securities and Obligations

 

 

 

 

 

 

 

 

 

 

 

 

    of U.S. Government Agencies

 

 $          10,519

 

 $        695,863

 

 $        717,279

 

 $   39,930,052

 

 $        727,798

 

 $   40,625,915

Obligations of States and

 

 

 

 

 

 

 

 

 

 

 

 

    Political Subdivisions

 

               6,643

 

        1,791,257

 

           104,628

 

        2,889,517

 

           111,271

 

        4,680,774

Corporate Securities

 

        2,514,549

 

      61,090,431

 

        1,189,588

 

      11,767,349

 

        3,704,137

 

      72,857,780

Mortgage and other

 

 

 

 

 

 

 

 

 

 

 

 

asset-backed securities

 

             79,896

 

        1,705,296

 

           228,968

 

        2,690,065

 

           308,864

 

        4,395,361

Redeemable preferred stock

 

               5,125

 

             90,000

 

                       -

 

                       -

 

               5,125

 

             90,000

Total unrealized losses

 

 $     2,616,732

 

 $   65,372,847

 

 $     2,240,463

 

 $   57,276,983

 

 $     4,857,195

 

 $ 122,649,830

Fixed Maturities | AsOfDecember312017  
Schedule of Unrealized Loss on Investments

 

 

 

 

 

 

 

 

 

 

 

 

 

At December 31, 2017

 

 

 

 

 

 

 

 

 

 

 

 

U.S. Treasury Securities and Obligations

 

 

 

 

 

 

 

 

 

 

 

 

    of U.S. Government Agencies

 

 $        532,010

 

 $   51,606,699

 

 $          47,413

 

 $        643,380

 

 $        579,423

 

 $   52,250,079

Obligations of States and

 

 

 

 

 

 

 

 

 

 

 

 

    Political Subdivisions

 

                  296

 

           214,882

 

             70,717

 

        2,225,021

 

             71,013

 

        2,439,903

Corporate Securities

 

           167,786

 

      11,551,865

 

           839,718

 

      13,193,258

 

        1,007,504

 

      24,745,123

Mortgage and other

 

 

 

 

 

 

 

 

 

 

 

 

asset-backed securities

 

             56,756

 

        2,516,660

 

           105,375

 

        1,676,494

 

           162,131

 

        4,193,154

Redeemable preferred stock

 

                  191

 

             11,421

 

                       -

 

                       -

 

                  191

 

             11,421

Total unrealized losses

 

 $        757,039

 

 $   65,901,527

 

 $     1,063,223

 

 $   17,738,153

 

 $     1,820,262

 

 $   83,639,680

Equity Securities  
Schedule of Unrealized Loss on Investments

 

 

 

Unrealized Losses for Less than Twelve Months

 

No. of Investment Positions

 

Unrealized Losses for More than Twelve Months

 

No. of Investment Positions

 

Total Unrealized Losses

At December 31, 2017

 

 

 

 

 

 

 

 

 

 

Industrial, miscellaneous and all other

 

$      213,097

 

98

 

$      419,572

 

81

 

$      632,669

Total unrealized losses

 

$      213,097

 

98

 

$      419,572

 

81

 

$      632,669

Fair Value

 

$      847,718

 

 

 

$   1,329,213

 

 

 

$   2,176,931