XML 41 R30.htm IDEA: XBRL DOCUMENT v3.6.0.2

Insurance Reserves and Policyholder Funds (Tables)

12 Months Ended

Dec. 31, 2016

Insurance Reserves And Policyholder Funds [Abstract]

Reserves for life, accident, health and property and casualty losses, including loss adjustment expenses

The following table presents the Company’s reserves for life, accident and health, and property and casualty losses, claims and loss adjustment expenses at December 31, 2016 and 2015.

							Amount of Insurance In Force, Net
	2016			2015			2016			2015
Future policy benefits
Life insurance policies:
Ordinary	$	54,554		$	54,130		$	245,017		$	247,590
Mass market		2,003			2,205			2,463			2,758
Individual annuities		84			103			—			—
		56,641			56,438		$	247,480		$	250,348
Accident and health insurance policies		18,202			15,698
		74,843			72,136
Unearned premiums		23,208			25,348
Losses, claims and loss adjustment expenses		62,562			63,870
Other policy liabilities		2,066			1,991
Total insurance reserves and policyholder funds	$	162,679		$	163,345

Summary of activity in liabilities for unpaid loss and claim reserved

Activity in the liability for unpaid loss and claim reserves is summarized as follows:

	2016			2015
Balance at January 1	$	63,870		$	66,625
Less: Reinsurance recoverable on unpaid losses		(11,741	)		(14,302	)
Net balance at January 1		52,129			52,323
Incurred related to:
Current year		103,252			99,447
Prior years		(3,377	)		(701	)
Total incurred		99,875			98,746
Paid related to:
Current year		71,980			68,159
Prior years		28,258			30,781
Total paid		100,238			98,940
Net balance at December 31		51,766			52,129
Plus: Reinsurance recoverable on unpaid losses		10,796			11,741
Balance at December 31	$	62,562		$	63,870

Reconciliation of total incurred losses to total insurance benefits and losses

Following is a reconciliation of total incurred losses to total insurance benefits and losses incurred:

	2016			2015
Total incurred losses	$	99,875		$	98,746
Cash surrender value and matured endowments		1,278			1,390
Benefit reserve changes		2,044			1,228
Total insurance benefits and losses incurred	$	103,197		$	101,364

Information about incurred and paid claims development

The information about incurred and paid claims development for the years ended December 31, 2007 to 2016 is presented as supplementary information.

Medicare Supplement

	For the Years Ended December 31,
	(Unaudited)																														As of December 31, 2016
	Incurred Losses, Claims and Allocated Loss Adjustment Expenses, Net of Reinsurance																														IBNR Reserves			Cumulative Number of Reported Claims
Accident Year	2007			2008			2009			2010			2011			2012			2013			2014			2015			2016
2007	$	29,616		$	29,169		$	29,230		$	29,225		$	29,214		$	29,213		$	29,213		$	29,212		$	29,111		$	29,211		$	—			526,227
2008					29,344			28,698			28,721			28,712			28,688			28,687			28,683			28,683			28,682			—			528,104
2009								31,124			30,455			30,481			30,447			30,438			30,432			30,431			30,430			—			555,808
2010											34,849			34,328			34,323			34,303			34,282			34,272			34,268			—			620,799
2011														38,188			38,296			38,360			38,327			38,316			38,302			—			658,696
2012																	50,021			50,996			51,021			50,998			50,989			—			860,258
2013																				56,974			56,970			57,034			57,023			—			949,778
2014																							57,179			56,938			56,981			—			933,020
2015																										55,482			54,939			62			890,878
2016																													58,849			9,520			879,603
																												$	439,674

	Cumulative Paid Losses, Claims and Allocated Loss Adjustment Expenses, Net of Reinsurance
Accident Year	2007			2008			2009			2010			2011			2012			2013			2014			2015			2016
2007	$	24,324		$	29,169		$	29,230		$	29,255		$	29,214		$	29,213		$	29,213		$	29,212		$	29,211		$	29,211
2008					24,055			28,698			28,721			28,712			28,688			28,687			28,683			28,683			28,682
2009								29,866			30,455			30,481			30,447			30,438			30,432			30,431			30,430
2010											29,127			34,328			34,323			34,303			34,282			34,272			34,268
2011														31,720			38,296			38,360			38,327			38,316			38,302
2012																	42,267			50,996			51,021			50,998			50,989
2013																				47,770			56,970			57,034			57,023
2014																							48,024			56,938			56,981
2015																										45,430			54,876
2016																													49,165
																												$	429,927
Liabilities for losses, claims and loss adjustment expenses, net of reinsurance																												$	9,747

Automobile Liability

	For the Years Ended December 31,
	(Unaudited)																														As of December 31, 2016
	Incurred Losses, Claims and Allocated Loss Adjustment Expenses, Net of Reinsurance																														IBNR Reserves			Cumulative Number of Reported Claims
Accident Year	2007			2008			2009			2010			2011			2012			2013			2014			2015			2016
2007	$	6,711		$	6,733		$	7,415		$	7,407		$	7,253		$	7,296		$	7,299		$	7,314		$	7,303		$	7,290		$	—			1,663
2008					9,723			7,011			6,627			6,374			6,124			6,112			6,106			6,104			6,105			—			1,534
2009								10,817			8,891			8,659			8,558			8,245			8,123			8,155			8,154			—			1,754
2010											10,752			10,818			10,547			9,937			10,068			10,185			10,202			18			1,946
2011														12,263			13,802			13,235			13,289			13,281			13,495			65			2,129
2012																	12,980			15,007			14,108			13,707			13,313			19			2,338
2013																				18,664			20,702			21,096			21,823			906			3,251
2014																							20,812			21,881			22,041			1,683			3,522
2015																										18,521			19,857			2,992			3,431
2016																													20,549			7,421			3,374
																												$	142,829

	Cumulative Paid Losses, Claims and Allocated Loss Adjustment Expenses, Net of Reinsurance
Accident Year	2007			2008			2009			2010			2011			2012			2013			2014			2015			2016
2007	$	2,631		$	4,792		$	5,957		$	6,519		$	6,824		$	7,008		$	7,230		$	7,247		$	7,249		$	7,290
2008					2,426			4,202			5,077			5,695			5,839			6,065			6,104			6,104			6,105
2009								3,250			5,208			6,353			7,502			7,995			8,123			8,155			8,154
2010											3,211			6,274			8,291			9,382			9,725			10,056			10,090
2011														4,205			7,934			9,858			12,071			13,039			13,106
2012																	4,627			8,791			11,507			12,932			13,197
2013																				5,144			12,193			16,782			19,407
2014																							6,822			13,807			17,554
2015																										6,226			11,878
2016																													6,796
																												$	113,577
Liabilities for losses, claims and loss adjustment expenses, net of reinsurance																												$	29,252

Automobile Physical Damage

	For the Years Ended December 31,
	(Unaudited)															As of December 31, 2016
	Incurred Losses, Claims and Allocated Loss Adjustment Expenses, Net of Reinsurance															IBNR Reserves			Cumulative Number of Reported Claims
Accident Year	2012			2013			2014			2015			2016
2012	$	5,478		$	5,114		$	5,113		$	5,070		$	5,070		$	—			1,129
2013					6,039			5,515			5,536			5,599			—			1,598
2014								8,079			7,657			7,583			1			1,633
2015											8,287			7,955			2			1,583
2016														6,877			196			1,187
													$	33,084

	Cumulative Paid Losses, Claims and Allocated Loss Adjustment Expenses, Net of Reinsurance
Accident Year	2012			2013			2014			2015			2016
2012	$	4,610		$	5,075		$	5,089		$	5,067		$	5,067
2013					4,778			5,486			5,466			5,599
2014								6,437			7,619			7,570
2015											6,745			7,937
2016														5,804
													$	31,977
All outstanding liabilities before 2012, net of reinsurance														41
Liabilities for losses, claims and loss adjustment expenses, net of reinsurance													$	1,148

General Liability

	For the Years Ended December 31,
	(Unaudited)																														As of December 31, 2016
	Incurred Losses, Claims and Allocated Loss Adjustment Expenses, Net of Reinsurance																														IBNR Reserves			Cumulative Number of Reported Claims
Accident Year	2007			2008			2009			2010			2011			2012			2013			2014			2015			2016
2007	$	6,549		$	5,124		$	4,648		$	4,293		$	3,960		$	4,257		$	4,377		$	4,457		$	4,443		$	4,503		$	17			488
2008					5,386			4,359			2,858			2,685			2,479			2,489			2,507			2,548			2,647			20			387
2009								3,392			2,215			1,944			1,730			1,702			1,727			1,828			1,832			4			283
2010											4,114			2,699			2,269			2,337			2,258			2,400			2,423			10			288
2011														3,022			1,723			1,452			1,338			1,174			1,242			17			198
2012																	4,055			1,305			1,269			1,270			1,214			23			155
2013																				3,461			728			926			817			2			186
2014																							3,744			501			557			128			189
2015																										4,421			1,037			467			136
2016																													3,119			2,660			63
																												$	19,391

	Cumulative Paid Losses, Claims and Allocated Loss Adjustment Expenses, Net of Reinsurance
Accident Year	2007			2008			2009			2010			2011			2012			2013			2014			2015			2016
2007	$	901		$	1,825		$	2,566		$	2,993		$	3,387		$	3,595		$	3,966		$	4,214		$	4,371		$	4,426
2008					534			1,091			1,637			1,861			2,023			2,123			2,418			2,506			2,564
2009								476			941			1,082			1,410			1,629			1,662			1,796			1,816
2010											284			678			1,374			1,542			2,037			2,368			2,382
2011														295			412			582			835			1,161			1,169
2012																	371			707			847			1,034			1,113
2013																				104			339			579			811
2014																							171			299			331
2015																										98			259
2016																													116
																												$	14,987
All outstanding liabilities before 2007, net of reinsurance																													238
Liabilities for losses, claims and loss adjustment expenses, net of reinsurance																												$	4,642

Surety

	For the Years Ended December 31,
	(Unaudited)																														As of December 31, 2016
	Incurred Losses, Claims and Allocated Loss Adjustment Expenses, Net of Reinsurance																														IBNR Reserves			Cumulative Number of Reported Claims
Accident Year	2007			2008			2009			2010			2011			2012			2013			2014			2015			2016
2007	$	3,287		$	1,953		$	893		$	983		$	1,084		$	868		$	856		$	818		$	814		$	769		$	—			37
2008					3,883			2,098			2,420			2,312			2,312			2,360			2,360			2,324			2,324			—			62
2009								4,920			5,025			4,239			3,951			3,616			4,636			4,916			4,664			—			83
2010											3,995			4,624			3,618			3,396			3,607			3,549			3,563			—			93
2011														4,422			4,786			5,080			5,092			4,966			5,031			1			124
2012																	4,979			4,767			5,396			5,345			4,869			—			86
2013																				3,060			2,007			2,743			2,947			31			56
2014																							3,214			3,130			2,990			75			46
2015																										1,902			1,630			377			48
2016																													3,314			1,703			41
																												$	32,101

	Cumulative Paid Losses, Claims and Allocated Loss Adjustment Expenses, Net of Reinsurance
Accident Year	2007			2008			2009			2010			2011			2012			2013			2014			2015			2016
2007	$	255		$	519		$	664		$	698		$	937		$	849		$	853		$	816		$	814		$	769
2008					503			1,369			2,261			2,232			2,311			2,359			2,360			2,324			2,324
2009								103			1,595			2,640			3,205			3,410			3,760			3,757			4,663
2010											928			2,193			2,780			2,943			3,252			3,545			3,560
2011														1,031			3,207			4,622			4,748			4,939			5,022
2012																	2,257			4,581			4,856			5,331			4,869
2013																				323			1,010			1,369			2,763
2014																							1,331			2,327			2,727
2015																										641			856
2016																													1,054
																												$	28,607
Liabilities for losses, claims and loss adjustment expenses, net of reinsurance																												$	3,494

Supplementary information about average historical claims duration

The following is supplementary information about average historical claims duration as of December 31, 2016.

Average Annual Percentage Payout of Incurred Claims by Age, Net of Reinsurance (Unaudited)
Reserve Line	1st Year			2nd Year			3rd Year			4th Year			5th Year			6th Year			7th Year			8th Year			9th Year			10th Year
Medicare Supplement		83.7	%		16.3	%		0.1	%		-0.1	%		0.0	%		0.0	%		0.0	%		0.0	%		0.0	%		0.0	%
Automobile Liability		33.2	%		29.3	%		17.1	%		11.7	%		4.2	%		2.3	%		1.1	%		0.1	%		0.0	%		0.6	%
Automobile Physical Damage		86.1	%		13.1	%		-0.2	%		1.0	%		0.0	%
General Liability		18.9	%		20.8	%		16.7	%		15.3	%		13.3	%		4.9	%		6.8	%		3.3	%		2.8	%		1.2	%
Surety		27.7	%		33.3	%		19.4	%		11.3	%		7.0	%		1.6	%		0.2	%		4.4	%		-0.1	%		-5.9	%

Reconciliation of net incurred and paid claims development

The reconciliation of the net incurred and paid claims development tables to the liability for losses, claims and loss adjustment expenses is as follows:

	December 31, 2016
Net outstanding liabilities:
Medicare Supplement	$	9,747
Automobile Liability		29,252
Automobile Physical Damage		1,148
General Liability		4,642
Surety		3,494
Other short-duration insurance lines		2,060
Liabilities for unpaid losses, claims and loss adjustment expenses, net of reinsurance		50,343
Reinsurance recoverable on unpaid losses:
Medicare Supplement		990
Automobile Liability		5,556
Automobile Physical Damage		106
General Liability		4,135
Other insurance lines		9
Total reinsurance recoverable on unpaid losses		10,796
Unallocated claims adjustment expenses		1,423
Total gross liability for unpaid losses, claims and loss adjustment expenses	$	62,562

X

- Definition

A tabular disclosure of a reconciliation of total claims to total insurance benefits and losses.

+ References

No definition available.

+ Details

Name:	aame_ReconciliationOfTotalIncurredClaimsToTotalInsuranceBenefitsAndLossesTableTextBlock
Namespace Prefix:	aame_
Data Type:	nonnum:textBlockItemType
Balance Type:	na
Period Type:	duration

X

- References

No definition available.

+ Details

Name:	us-gaap_InsuranceAbstract
Namespace Prefix:	us-gaap_
Data Type:	xbrli:stringItemType
Balance Type:	na
Period Type:	duration

X

- Definition

The entire disclosure for the present values of future benefits to be paid to or on behalf of policyholders and related expenses less the present value of future net premiums using assumptions such as estimates of expected investment yields, mortality, morbidity, terminations and expenses, applicable at the time the insurance contracts are made and unpaid claim costs relating to insurance contracts including estimates of costs relating to incurred but not reported claims based on the estimated ultimate cost of settling the claims (including effects of inflation and other societal and economic factors), using past experience adjusted for current trends and any other factors that would modify past experience by element such as business segment, country and interest rate range.

+ References

Reference 1: 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(13))
-URI http://asc.fasb.org/extlink&oid=6879938&loc=d3e572229-122910

+ Details

Name:	us-gaap_ScheduleOfLiabilityForFuturePolicyBenefitsByProductSegmentTextBlock
Namespace Prefix:	us-gaap_
Data Type:	nonnum:textBlockItemType
Balance Type:	na
Period Type:	duration

X

- 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

Name:	us-gaap_ScheduleOfLiabilityForUnpaidClaimsAndClaimsAdjustmentExpense
Namespace Prefix:	us-gaap_
Data Type:	nonnum:textBlockItemType
Balance Type:	na
Period Type:	duration

X

- Definition

Tabular disclosure of undiscounted information about claims development by accident year for short-duration insurance contracts.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 944
-SubTopic 40
-Section 50
-Paragraph 4B
-URI http://asc.fasb.org/extlink&oid=65670685&loc=SL65671311-158438

+ Details

Name:	us-gaap_ShortdurationInsuranceContractsClaimsDevelopmentTableTextBlock
Namespace Prefix:	us-gaap_
Data Type:	nonnum:textBlockItemType
Balance Type:	na
Period Type:	duration

X

- Definition

Tabular disclosure for the reconciliation of claims development to the liability for unpaid claims and claim adjustment expense for short-duration insurance contracts.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 944
-SubTopic 40
-Section 50
-Paragraph 4C
-URI http://asc.fasb.org/extlink&oid=65670685&loc=SL65671315-158438

+ Details

Name:	us-gaap_ShortdurationInsuranceContractsReconciliationOfClaimsDevelopmentToLiabilityTableTextBlock
Namespace Prefix:	us-gaap_
Data Type:	nonnum:textBlockItemType
Balance Type:	na
Period Type:	duration

X

- Definition

Tabular disclosure of average annual percentage payout of incurred claims by age, after reinsurance, for short-duration insurance contracts.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 944
-SubTopic 40
-Section 50
-Paragraph 4G
-URI http://asc.fasb.org/extlink&oid=65670685&loc=SL65671329-158438

+ Details

Name:	us-gaap_ShortdurationInsuranceContractsScheduleOfHistoricalClaimsDurationTableTextBlock
Namespace Prefix:	us-gaap_
Data Type:	nonnum:textBlockItemType
Balance Type:	na
Period Type:	duration