Recoverable from Reinsurers

12 Months Ended

Dec. 31, 2019

9. Recoverable from Reinsurers

Recoverable from reinsurers consists of the following (in millions):


		December 31, 2019						December 31, 2018
Reinsurer	A.M. Best Rating	Amount		% of Total		Amount		% of Total
Munich American Reassurance Company	A+	$	347.6	36.4	%	$	335.0	33.5	%
Hannover Life Reassurance Company of America	A+	323.3		33.9	%	336.9		33.7	%
Loyal American Life Insurance Company	A	147.5		15.5	%	146.0		14.6	%
Great American Life Insurance Company	A	56.2		5.9	%	54.5		5.4	%
ManhattanLife Assurance Company of America	B+	47.0		4.9	%	89.5		8.9	%
Other		32.1		3.4	%	38.3		3.9	%
Total		$	953.7	100.0	%	$	1,000.2	100.0	%

During the year ended December 31, 2018, CGI recaptured two of their reinsurance treaties. The first of which received $161.4 million of cash, reduced its ceded reinsurance by $140.8 million and recognizing a gain of $20.6 million, included in Other income (expense), net. The second recapture received $168.0 million of cash, reduced its ceded reinsurance by $141.7 million and recognizing a gain of $26.3 million, included in Other income.