Net Investment and Interest Income

12 Months Ended

Mar. 31, 2012

Disclosure Text Block [Abstract]

Note 8: Net Investment and Interest Income

Note 8.  Net Investment and Interest Income

Net investment and interest income, were as follows:

	Years Ended March 31,
	2012			2011			2010
	(In thousands)
Fixed maturities	$	41,439		$	32,782		$	31,234
Real estate		81			361			(56	)
Insurance policy loans		489			259			262
Mortgage loans		7,002			5,249			5,226
Short-term, amounts held by ceding reinsurers, net and other investments		1,084			749			1,110
Investment income		50,095			39,400			37,776
Less: investment expenses		(1,338	)		(1,269	)		(1,020	)
Less: interest credited on annuity policies		(9,352	)		(10,084	)		(11,000	)
Investment income - Related party		24,795			24,614			24,233
Net investment and interest income	$	64,200		$	52,661		$	49,989