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Reinsurance (Tables)
 12 Months Ended
Dec. 31, 2017
Insurance [Abstract]  
Effects of Reinsurance
Information regarding the effect of reinsurance on the Consolidated Balance Sheets is as follows as of the periods indicated:
 
December 31, 2017
 
Direct
 
Assumed
 
Ceded
 
Total,
Net of
Reinsurance
Assets
 
 
 
 
 
 
 
Premiums receivable
$
110

 
$
405

 
$
(449
)
 
$
66

Reinsurance recoverable
—

 
—

 
7,566

 
7,566

Total
$
110

 
$
405

 
$
7,117

 
$
7,632

 
 
 
 
 
 
 
 
Liabilities
 
 
 
 
 
 
 
Future policy benefits and contract owner account balances
$
62,005

 
$
3,800

 
$
(7,566
)
 
$
58,239

Liability for funds withheld under reinsurance agreements
791

 
—

 
—

 
791

Total
$
62,796

 
$
3,800

 
$
(7,566
)
 
$
59,030

 
 
 
 
 
 
 
 
 
December 31, 2016
 
Direct
 
Assumed
 
Ceded
 
Total,
Net of
Reinsurance
Assets
 
 
 
 
 
 
 
Premiums receivable
$
105

 
$
358

 
$
(404
)
 
$
59

Reinsurance recoverable
—

 
—

 
7,228

 
7,228

Total
$
105

 
$
358

 
$
6,824

 
$
7,287

 
 
 
 
 
 
 
 
Liabilities
 
 
 
 
 
 
 
Future policy benefits and contract owner account balances
$
61,566

 
$
3,282

 
$
(7,228
)
 
$
57,620

Liability for funds withheld under reinsurance agreements
729

 
—

 
—

 
729

Total
$
62,295

 
$
3,282

 
$
(7,228
)
 
$
58,349


Information regarding the effect of reinsurance on the Consolidated Statement of Operations is as follows for the periods indicated:
 
Year ended December 31,
 
2017
 
2016
 
2015
Premiums:
 
 
 
 
 
Direct premiums
$
2,606

 
$
3,284

 
$
2,975

Reinsurance assumed
1,192

 
1,222

 
1,191

Reinsurance ceded
(1,677
)
 
(1,711
)
 
(1,612
)
Net premiums
$
2,121

 
$
2,795

 
$
2,554

 
 
 
 
 
 
Fee income:
 
 
 
 
 
Gross fee income
$
2,628

 
$
2,472

 
$
2,471

Reinsurance ceded
(1
)
 
(1
)
 
(1
)
Net fee income
$
2,627

 
$
2,471

 
$
2,470

 
 
 
 
 
 
Interest credited and other benefits to contract owners / policyholders:
 
 
 
 
 
Direct interest credited and other benefits to contract owners / policyholders
$
5,124

 
$
5,859

 
$
5,399

Reinsurance assumed
1,929

 
1,213

 
1,068

Reinsurance ceded(1)
(2,417
)
 
(1,758
)
 
(1,769
)
Net interest credited and other benefits to contract owners / policyholders
$
4,636

 
$
5,314

 
$
4,698


(1) Includes $491, $482 and $453 for amounts paid to reinsurers in connection with the Company's UL contracts for the years ended December 31, 2017, 2016 and 2015, respectively.