SEC Schedule, Article 12-16, Supplementary Insurance Information

12 Months Ended

Dec. 31, 2011

SEC Schedule, Article 12-16, Supplementary Insurance Information

Supplementary Insurance Information, for Insurance Companies Disclosure [Text Block]

SCHEDULE III
INDEPENDENCE HOLDING COMPANY
SUPPLEMENTARY INSURANCE INFORMATION
(In thousands)

				FUTURE
				POLICY		OTHER			INSURANCE	AMORTIZATION	SELLING
			DEFERRED	BENEFITS,	UNEARNED	POLICY-	NET	NET	BENEFITS,	OF DEFERRED	GENERAL &		NET
			ACQUISITION	LOSSES &	PREMIUMS	HOLDERS’	PREMIUMS	INVESTMENT	CLAIMS &	ACQUISTION	ADMINISTRATIVE		PREMIUMS
			COSTS	CLAIMS	(3)	FUNDS	EARNED	INCOME (1)	RESERVES	COSTS	EXPENSES (2)		WRITTEN
December 31, 2011
Medical Stop-Loss		$	-	58,741	-	-	114,478	4,399	75,490	-	39,024	$	114,478
Fully Insured Health			65	32,508	1,471	367	141,322	1,429	89,040	21	71,147		142,206
Group disability; life,
	annuities and DBL		-	265,595	2,565	99	50,698	9,495	37,946	5,099	15,598		50,871
Individual life, annuities
	and other		37,036	545,037	283	21,080	29,916	23,492	36,386	6,449	14,879		29,913
Corporate			-	-	-	-	-	973	-	-	6,454		-
		$	37,101	901,881	4,319	21,546	336,414	39,788	238,862	11,569	147,102	$	337,468

December 31, 2010
Medical Stop-Loss		$	-	64,339	-	-	121,156	4,080	89,968	-	38,808	$	121,156
Fully Insured Health			87	34,540	1,452	589	120,818	1,454	81,676	28	65,854		120,598
Group disability; life,
	annuities and DBL		4,015	249,937	2,336	26	55,828	9,668	41,440	497	17,389		55,791
Individual life, annuities
	and other		39,363	547,527	255	19,580	28,344	25,839	38,234	5,718	12,472		28,340
Corporate			-	-	-	-	-	760	-	-	5,120		-
		$	43,465	896,343	4,043	20,195	326,146	41,801	251,318	6,243	139,643	$	325,885
December 31, 2009
Medical Stop-Loss		$	-	71,504	-	-	127,724	3,690	92,899	-	36,513	$	127,724
Fully Insured Health			115	34,721	2,065	506	84,698	789	58,500	28	65,255		84,395
Group disability; life,
	annuities and DBL		4,003	234,986	2,108	44	54,896	9,657	39,270	364	18,251		54,988
Individual life, annuities
	and other		40,126	552,267	9,044	19,967	27,481	28,070	34,565	5,127	14,644		27,476
Corporate			-	-	-	-	-	1,314	-	-	4,707		-
		$	44,244	893,478	13,217	20,517	294,799	43,520	225,234	5,519	139,370	$	294,583

(1) Net investment income is allocated between product lines based on the mean reserve method.

(2) Where possible, direct operating expenses are specifically identified and charged to product lines. Indirect expenses are allocated based on time studies; however, other acceptable methods of allocation might produce different results.

(3) 2009 includes $8,847,000 of unearned premium reserves related to the co-insurance agreement for the sale of the Company’s credit segment. In 2010, these reserves were transferred in accordance with an assumption reinsurance agreement.

- Definition

The entire disclosure for required supplementary insurance information giving segment detail in support of various balance sheet and income statement captions. The balance sheet information generally is presented as of the date of each audited balance sheet filed, and the income statement information generally is presented for each period for which an audited income statement is required to be filed. Supplementary insurance information table includes segment name; deferred policy acquisition costs; future policy benefits, losses, claims and loss expenses; unearned premiums; other policy claims and benefits payable; premium revenue; net investment income; benefits, claims, losses and settlement expenses; amortization of deferred policy acquisition costs; other operating expenses; and premiums written.

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