Reinsurance (Tables)

12 Months Ended

Dec. 31, 2015

Reinsurance Disclosures [Abstract]

Reinsurance Recoverable

The following table provides details of the reinsurance recoverables balance for the years ended December 31:

	2015		2014
Ceded future policyholder benefits and expense	$	4,037,682	$	4,052,976
Ceded unearned premium	1,667,228		1,587,583
Ceded claims and benefits payable	1,429,128		1,283,510
Ceded paid losses	336,365		330,516
Total	$	7,470,403	$	7,254,585

Schedule Of Rating For Existing Reinsurance

The following table provides the reinsurance recoverable as of December 31, 2015 grouped by A.M. Best rating:

Best Ratings of Reinsurer_____	Ceded future policyholder benefits and expense		Ceded unearned premiums		Ceded claims and benefits payable		Ceded paid losses			Total
A++ or A+	$	2,567,918	$	50,041	$	977,498	$	17,445		$	3,612,902
A or A-	1,460,465		79,623		185,131		25,292			1,750,511
B++ or B+	747		23,153		2,628		—			26,528
B or B-	251		258		86		45			640
Not Rated	8,301		1,514,153		263,785		304,403			2,090,642
Total	4,037,682		1,667,228		1,429,128		347,185			7,481,223
Less: Allowance	—		—		—		(10,820		)	(10,820		)
Net reinsurance recoverable	$	4,037,682	$	1,667,228	$	1,429,128	$	336,365		$	7,470,403

Effect Of Reinsurance On Premiums Earned And Benefits Incurred

The effect of reinsurance on premiums earned and benefits incurred was as follows:

	Years Ended December 31,
	2015									2014									2013
	Long Duration			Short Duration			Total			Long Duration			Short Duration			Total			Long Duration			Short Duration			Total
Direct earned   premiums	$	509,080		$	11,091,644		$	11,600,724		$	510,822		$	10,740,127		$	11,250,949		$	555,368		$	9,293,288		$	9,848,656
Premiums assumed	8,410			517,578			525,988			8,762			478,894			487,656			10,117			304,980			315,097
Premiums ceded	(288,975		)	(3,486,740		)	(3,775,715		)	(276,525		)	(2,829,938		)	(3,106,463		)	(304,064		)	(2,099,893		)	(2,403,957		)
Net earned   premiums	$	228,515		$	8,122,482		$	8,350,997		$	243,059		$	8,389,083		$	8,632,142		$	261,421		$	7,498,375		$	7,759,796
Direct policyholder   benefits	$	937,962		$	6,024,395		$	6,962,357		$	1,702,475		$	5,244,646		$	6,947,121		$	933,110		$	3,706,848		$	4,639,958
Policyholder   benefits assumed	19,948			290,925			310,873			23,911			306,365			330,276			22,844			211,446			234,290
Policyholder   benefits ceded	(647,873		)	(1,882,822		)	(2,530,695		)	(1,373,953		)	(1,498,111		)	(2,872,064		)	(590,281		)	(608,435		)	(1,198,716		)
Net policyholder   benefits	$	310,037		$	4,432,498		$	4,742,535		$	352,433		$	4,052,900		$	4,405,333		$	365,673		$	3,309,859		$	3,675,532