Segment Information

12 Months Ended

Dec. 31, 2012

Segment Reporting, Disclosure of Entity's Reportable Segments [Abstract]

Segment Information

Segment and Other Operating Information

The Company has three reportable segments:  Life Insurance, Home Service Insurance, and Other Non-Insurance Enterprises.  The accounting policies of the segments are in accordance with U.S. GAAP and are the same as those described in the summary of significant account policies.  We evaluate profit and loss performance based on U.S. GAAP net income before federal income taxes for our three reportable segments.

The Company has no reportable differences between segments and consolidated operations.

	December 31, 2012
	Life Insurance			Home Service		Other Non-Insurance Enterprises		Consolidated
	(In thousands)
Revenues:
Premiums	$	126,032		43,841		—		169,873
Net investment income	17,828			12,724		1,173		31,725
Realized investment gains (losses), net	512			(343	)	27		196
Decrease in fair value of warrants	—			—		451		451
Other income	319			80		115		514
Total revenue	144,691			56,302		1,766		202,759
Benefits and expenses:
Insurance benefits paid or provided:
Claims and surrenders	43,537			21,119		—		64,656
Increase in future policy benefit reserves	63,481			3,195		—		66,676
Policyholders' dividends	8,846			245		—		9,091
Total insurance benefits paid or provided	115,864			24,559		—		140,423
Commissions	24,895			14,503		—		39,398
Other general expenses	10,961			12,089		2,614		25,664
Capitalization of deferred policy acquisition costs	(23,371		)	(5,703	)	—		(29,074	)
Amortization of deferred policy acquisition costs	15,077			2,768		—		17,845
Amortization of cost of customer relationships acquired	746			1,721		—		2,467
Total benefits and expenses	144,172			49,937		2,614		196,723
Income (loss) before income tax expense	$	519		6,365		(848	)	6,036

	December 31, 2011
	(As adjusted)
	Life Insurance			Home Service		Other Non-Insurance Enterprises		Consolidated
	(In thousands)
Revenues:
Premiums	$	118,205		43,190		—		161,395
Net investment income	16,401			12,861		837		30,099
Realized investment gains (losses), net	1,347			(601	)	19		765
Decrease in fair value of warrants	—			—		1,136		1,136
Other income	526			112		123		761
Total revenue	136,479			55,562		2,115		194,156
Benefits and expenses:
Insurance benefits paid or provided:
Claims and surrenders	40,525			19,531		—		60,056
Increase in future policy benefit reserves	54,310			3,954		—		58,264
Policyholders' dividends	8,004			68		—		8,072
Total insurance benefits paid or provided	102,839			23,553		—		126,392
Commissions	23,482			14,892		—		38,374
Other general expenses	11,418			12,186		2,436		26,040
Capitalization of deferred policy acquisition costs	(21,675		)	(6,151	)	—		(27,826	)
Amortization of deferred policy acquisition costs	13,769			3,079		—		16,848
Amortization of cost of customer relationships acquired	921			2,077		—		2,998
Total benefits and expenses	130,754			49,636		2,436		182,826
Income (loss) before income tax expense	$	5,725		5,926		(321	)	11,330

	December 31, 2010
	(As adjusted)
	Life Insurance			Home Service		Other Non-Insurance Enterprises		Consolidated
	(In thousands)
Revenues:
Premiums	$	109,985		42,067		—		152,052
Net investment income	15,666			13,008		546		29,220
Realized investment gains, net	6,590			1,475		(53	)	8,012
Decrease in fair value of warrants	—			—		232		232
Other income	650			82		76		808
Total revenue	132,891			56,632		801		190,324
Benefits and expenses:
Insurance benefits paid or provided:
Claims and surrenders	41,040			19,998		—		61,038
Increase in future policy benefit reserves	42,619			3,801		—		46,420
Policyholders' dividends	7,414			71		—		7,485
Total insurance benefits paid or provided	91,073			23,870		—		114,943
Commissions	21,899			14,686		—		36,585
Other general expenses	10,546			13,879		1,803		26,228
Capitalization of deferred policy acquisition costs	(20,140		)	(6,032	)	—		(26,172	)
Amortization of deferred policy acquisition costs	15,856			1,437		—		17,293
Amortization of cost of customer relationships acquired	1,105			1,953		—		3,058
Total benefits and expenses	120,339			49,793		1,803		171,935
Income before income tax expense	$	12,552		6,839		(1,002	)	18,389

The table below summarizes assets by segment.

	For the Years Ended December 31,
	2012		2011
			(As adjusted)
	(In thousands)
Assets:
Life Insurance	$	717,967	644,645
Home Service Insurance	385,046		371,636
Other Non-Insurance Enterprises	71,935		63,231
Total assets	$	1,174,948	1,079,512

Major categories of earned premiums are summarized as follows:

	For the Years Ended December 31,
	2012		2011	2010
	(In thousands)
Premium income:
Ordinary life	$	162,070	153,118	144,350
Group life	1,100		1,660	1,315
Accident and health	1,635		1,561	1,577
Property	5,068		5,056	4,810
Total premium income	$	169,873	161,395	152,052

Geographic Information

The following table sets forth the Company's annual total of earned premiums from geographic area for the years indicated:

	For the Years Ended December 31,
	2012			2011		2010
	(In thousands)
Area:
United States	$	67,332		51,126		53,189
Venezuela	25,035			21,150		16,655
Colombia	23,010			21,765		21,377
Taiwan	14,879			14,196		14,270
Ecuador	14,064			13,481		12,278
Argentina	9,502			9,353		9,134
Other foreign countries	21,724			36,016		32,216
Net reinsurance	(5,673		)	(5,692	)	(7,067	)
Total	$	169,873		161,395		152,052