XML 62 R42.htm IDEA: XBRL DOCUMENT v2.4.0.8
Schedule IV - Reinsurance
12 Months Ended
Sep. 30, 2014
Supplemental Schedule of Reinsurance Premiums for Insurance Companies [Abstract]  
Schedule IV - Reinsurance
HARBINGER GROUP INC. AND SUBSIDIARIES
Reinsurance
(In millions)
 
For the year ended September 30, 2014
 
Gross Amount
 
Ceded to other
companies
 
Assumed from
other companies
 
Net Amount
 
Percentage
of amount
assumed to net
Life insurance in force
 
$
2,785.6

 
$
(2,014.3
)
 
$
16.4

 
$
787.7

 
2.1
%
Premiums and other considerations:
 
 
 
 
 
 
 
 
 
 
Traditional life insurance premiums
 
$
266.8

 
$
(246.1
)
 
$
35.9

 
$
56.6

 
63.4
%
Annuity product charges
 
142.5

 
(71.4
)
 

 
71.1

 
%
Total premiums and other considerations
 
$
409.3

 
$
(317.5
)
 
$
35.9

 
$
127.7

 
28.1
%
For the year ended September 30, 2013
 
Gross Amount
 
Ceded to other
companies
 
Assumed from
other companies
 
Net Amount
 
Percentage
of amount
assumed to net
Life insurance in force
 
$
2,596.7

 
$
(1,965.4
)
 
$
17.3

 
$
648.6

 
2.7
%
Premiums and other considerations:
 
 
 
 
 
 
 
 
 
 
Traditional life insurance premiums
 
$
279.2

 
$
(253.2
)
 
$
32.8

 
$
58.8

 
55.8
%
Annuity product charges
 
135.5

 
(75.0
)
 

 
60.5

 
%
Total premiums and other considerations
 
$
414.7

 
$
(328.2
)
 
$
32.8

 
$
119.3

 
27.5
%
 
For the year ended September 30, 2012
 
Gross Amount
 
Ceded to other
companies
 
Assumed from
other companies
 
Net Amount
 
Percentage
of amount
assumed to net
Life insurance in force
 
$
2,436.3

 
$
(1,929.0
)
 
$
22.8

 
$
530.1

 
4.3
%
Premiums and other considerations:
 
 
 
 
 
 
 
 
 
 
Traditional life insurance premiums
 
$
298.0

 
$
(289.9
)
 
$
47.2

 
$
55.3

 
85.4
%
Annuity product charges
 
117.9

 
(79.6
)
 

 
38.3

 
%
Total premiums and other considerations
 
$
415.9

 
$
(369.5
)
 
$
47.2

 
$
93.6

 
50.4
%
See accompanying Report of Independent Registered Public Accounting Firm.