Life, Accident and Health Reserves

3 Months Ended

Mar. 31, 2020

12. Life, Accident and Health Reserves

Life, accident and health reserves consist of the following (in millions):


	March 31,		December 31,
	2020		2019
Long-term care insurance reserves	$	4,231.0	$	4,201.6
Traditional life insurance reserves	170.6		173.4
Other accident and health insurance reserves	192.3		192.1
Total life, accident and health reserves	$	4,593.9	$	4,567.1

The following table sets forth changes in the liability for claims for the portion of our long-term care insurance reserves (in millions):


	Three Months Ended March 31,
	2020		2019
Beginning balance	$	761.3	$	738.7
Less: recoverable from reinsurers	(131.0)		(136.4)
Beginning balance, net	630.3		602.3
Incurred related to insured events of:




Current year	68.9		62.4
Prior years	(13.3)		(36.0)
Total incurred	55.6		26.4
Paid related to insured events of:
Current year	(0.6)		(0.6)
Prior years	(42.8)		(36.4)
Total paid	(43.4)		(37.0)
Interest on liability for policy and contract claims	5.6		5.3
Ending balance, net	648.1		597.0
Add: recoverable from reinsurers	136.2		136.4
Ending balance	$	784.3	$	733.4

The Insurance segment experienced a favorable claims reserve development of $13.3 million and $36.0 million for the three months ended March 31, 2020 and 2019, respectively. There was favorable development with claim terminations and care transitions for claims incurred prior to 2020 that created the sufficiency within the three months ended March 31, 2020. Due to favorable development in the estimates for benefits remaining during the three months ended March 31, 2019, experience in the first quarter of 2020 has been less favorable than in 2019, it is too early to determine if this trend will be persistent or is the result of normal volatility in claims activity from period to period.