Reinsurance and Policy Benefits and Losses, Claims and Loss Expenses Payable (Table Text Block)

12 Months Ended

Dec. 31, 2017

Supplemental Schedule of Reinsurance Premiums for Insurance Companies [Abstract]

Reinsurance and Policy Benefits and Losses, Claims and Loss Expenses Payable

		Direct Amount (a)		Ceded to Other Companies		Assumed from Other Companies		Net Amount (a)	Percentage of Amount Assumed to Net
		(In thousands)
Year ended December 31, 2017
Life insurance in force	$	947,720	$	248	$	876,865	$	1,824,337	48%
Premiums earned:
Life	$	51,227	$	4	$	9,880	$	61,103	16%
Accident and health		90,396		295		1,977		92,078	2%
Annuity		728		–		794		1,522	52%
Property and casualty		57,161		69		8		57,100	0%
Total	$	199,512	$	368	$	12,659	$	211,803
Year ended December 31, 2016
Life insurance in force	$	937,779	$	249	$	915,769	$	1,853,299	49%
Premiums earned:
Life	$	50,251	$	–	$	10,626	$	60,877	17%
Accident and health		99,450		310		2,263		101,403	2%
Annuity		505		–		794		1,299	61%
Property and casualty		52,329		–		5		52,334	0%
Total	$	202,535	$	310	$	13,688	$	215,913
Year ended December 31, 2015
Life insurance in force	$	927,647	$	397	$	949,413	$	1,876,663	51%
Premiums earned:
Life	$	49,126	$	8	$	11,310	$	60,428	19%
Accident and health		99,354		312		2,545		101,587	3%
Annuity		392		–		255		647	39%
Property and casualty		50,012		–		8		50,020	0%
Total	$	198,884	$	320	$	14,118	$	212,682

(a)  Balances are reported net of inter-segment transactions.

Policy Benefits and Losses, Claims and Loss Expenses Payable for Property and Casualty Insurance

		December 31,
		2017		2016
		(In thousands)
Unpaid losses and loss adjustment expense	$	233,554	$	244,400
Reinsurance losses payable		805		580
Total	$	234,359	$	244,980

Activity in the liability for unpaid losses and loss adjustment expenses for Property and Casualty Insurance

		December 31,
		2017		2016		2015
		(In thousands)
Balance at January 1	$	244,400	$	251,964	$	271,609
Less: reinsurance recoverable		103,952		107,311		120,894
Net balance at January 1		140,448		144,653		150,715
Incurred related to:
Current year		15,749		13,297		11,713
Prior years		233		107		585
Total incurred		15,982		13,404		12,298
Paid related to:
Current year		8,969		7,777		7,007
Prior years		8,397		9,832		11,353
Total paid		17,366		17,609		18,360
Net balance at December 31		139,064		140,448		144,653
Plus: reinsurance recoverable		94,490		103,952		107,311
Balance at December 31	$	233,554	$	244,400	$	251,964

Incurred Claims Development

														As of
														December 31, 2017
														Total of
														Incurred-but-
														Not-Reported
														Liabilities Plus
														Expected	Cumulative
														Development	Number of
Accident														on Reported	Reported
Year		2012		2013		2014		2015		2016		2017		Claims	Claims
				(In thousands, except claim counts)
2012	$	8,971	$	8,903	$	8,831	$	8,788	$	8,753	$	8,735	$	–	6,889
2013				9,861		9,853		9,914		9,741		9,576		–	7,663
2014						11,691		10,907		10,720		10,759		374	9,648
2015								12,214		12,459		12,460		1,649	10,718
2016										13,297		13,011		1,366	11,134
2017												15,749		4,823	11,424
												Total		8,212

The following table presents paid claims development as of December 31, 2017, net of reinsurance. Claims data for 2012 through 2017 are unaudited.

Cumulative Paid Claims and Allocated Claim Adjustment Expenses, Net of Reinsurance
				(In thousands)
Accident
Year		2012		2013		2014		2015		2016		2017
2012	$	4,415	$	6,345	$	8,179	$	8,410	$	8,734	$	8,735
2013				5,227		7,608		8,718		9,462		9,576
2014						6,154		8,087		9,270		9,293
2015								7,509		9,601		9,730
2016										7,777		10,665
2017												8,969
										Total		56,968
All outstanding liabilities before 2012, net of reinsurance												125,740
Liabilities for claims and claim adjustment expenses, net of reinsurance												139,064

Short-duration Insurance contracts reconciliation of liability

		December 31, 2017
		(In thousands)
Liabilities for unpaid Property and Casualty claims
and claim adjustment expenses, net of reinsurance	$	139,064
Total reinsurance recoverable on unpaid
Property and Casualty claims	$	94,490
Total gross liability for unpaid Property and Casualty
claims and claim adjustment expense	$	233,554

Schedule of historical claims duration

Average Annual Percentage Payout of Incurred Claims by Age, net of Reinsurance
Years	1	2	3	4	5	6
Property and Casualty Insurance	56.6%	20.8%	11.2%	3.5%	2.4%	0.0%