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Liability for Future Policy Benefits and Unpaid Claims Disclosure [Text Block]: Short-duration Insurance Contracts, Claims Development (Tables)
12 Months Ended
Dec. 31, 2018
Specialty Health Segment Member  
Short-duration Insurance Contracts, Claims Development

 

Specialty Health Segment –Claims Development

 

 

 

 

December 31, 2018

 

 

Incurred Claims and Claim Adjustment Expenses, Net of Reinsurance

 

Incurred But

Cumulative

 

 

For the years ended December 31,

 

Not Reported

Number of

Accident

 

2014

2015

2016

2017

 

 

 

Plus Expected

Reported

Year

 

(unaudited)

(unaudited)

(unaudited)

(unaudited)

 

2018

 

Development

Claims

 

 

 

 

 

 

 

 

 

 

(Actual)

2014

$

146,060 

140,139 

141,869 

142,110 

$

142,088 

$

606 

477,729 

2015

 

 

104,497 

100,988 

101,241 

 

100,642 

 

1,045 

470,236 

2016

 

 

 

85,426 

86,446 

 

86,244 

 

3,261 

522,215 

2017

 

 

 

 

87,070 

 

77,214 

 

3,547 

565,213 

2018

 

 

 

 

 

 

74,652 

 

28,078 

550,406 

Total

$

480,840 

 

 

 

 

 

 

 

 

 

 

 

Specialty Health Segment –Claims Development

 

 

 

 

 

Cumulative Paid Claims and Claim Adjustment Expenses, Net of Reinsurance

 

 

For the years ended December 31,

Accident

 

 

 

2014

2015

2016

2017

 

 

Year

 

 

 

(unaudited)

(unaudited)

(unaudited)

(unaudited)

 

2018

 

 

 

 

 

 

 

 

 

 

2014

 

 

$

103,064 

134,557 

139,162 

140,371 

$

141,482 

2015

 

 

 

 

70,090 

94,757 

97,603 

 

99,364 

2016

 

 

 

 

 

45,454 

78,611 

 

82,983 

2017

 

 

 

 

 

 

49,289 

 

73,667 

2018

 

 

 

 

 

 

 

 

46,574 

 

 

 

Total

$

444,070 

 

 

 

Outstanding policy benefits and claims payable before 2014, net of reinsurance

 

258 

 

 

 

Total policy benefits and claims, net of reinsurance

$

37,028 

 

 

 

Group disability, life, DBL and PFL | NY Short-Term Disability Product Line  
Short-duration Insurance Contracts, Claims Development

 

Group disability, life, DBL and PFL Segment – DBL/PFL Claims Development

Incurred Claims and Claim Adjustment Expenses, Net of Reinsurance

For the year ended December 31,

 

 

 

 

 

Accident

 

 

 

 

Year

 

 

 

2018

 

 

 

 

 

2018

 

Total

$

50,613 

 

 

 

 

 

 

 

Group disability, life, DBL and PFL Segment – DBL/PFL Claims Development

Cumulative Paid Claims and Claim Adjustment Expenses, Net of Reinsurance

For the year ended December 31,

 

 

 

 

 

Accident

 

 

 

 

Year

 

 

 

2018

 

 

 

 

 

2018

 

Total

$

30,252 

 

 

 

 

 

 

 

Total policy benefits and claims, net of reinsurance

$

20,361 

 

 

 

 

 

Group disability, life, DBL and PFL | Group Disability Product Line  
Short-duration Insurance Contracts, Claims Development

 

Group disability. Life, DBL and PFL Segment – Group Disability Claims Development

 

 

 

 

December 31, 2018

 

 

Incurred Claims and Claim Adjustment Expenses, Net of Reinsurance

 

Incurred But

Cumulative

 

 

For the years ended December 31,

 

Not Reported

Number of

Accident

 

2010

2011

2012

2013

2014

2015

2016

2017

 

 

 

Plus Expected

Reported

Year

 

(unaudited)

(unaudited)

(unaudited)

(unaudited)

(unaudited)

(unaudited)

(unaudited)

(unaudited)

 

2018

 

Development

Claims

 

 

 

 

 

 

 

 

 

 

 

 

 

 

(Actual)

2010

$

11,990 

10,561 

6,263 

4,245 

3,965 

3,030 

6,599 

7,239 

$

6,938 

$

- 

2,311 

2011

 

 

18,558 

16,948 

16,166 

15,271 

15,730 

16,672 

16,712 

 

16,516 

 

- 

2,337 

2012

 

 

 

15,356 

13,708 

12,187 

12,177 

12,585 

12,472 

 

12,161 

 

87 

2,263 

2013

 

 

 

 

32,952 

30,832 

29,893 

32,070 

31,664 

 

31,378 

 

234 

2,629 

2014

 

 

 

 

 

16,314 

13,322 

14,792 

14,414 

 

14,311 

 

360 

2,783 

2015

 

 

 

 

 

 

25,335 

19,247 

16,630 

 

14,705 

 

474 

3,252 

2016

 

 

 

 

 

 

 

28,450 

28,568 

 

27,359 

 

733 

3,496 

2017

 

 

 

 

 

 

 

 

29,897 

 

26,021 

 

1,655 

3,765 

2018

 

 

 

 

 

 

 

 

 

 

29,766 

 

10,165 

3,101 

Total

 

$

179,155 

 

 

 

 

 

 

 

 

 

 

 

 

Group disability, life, DBL and PFL Segment – Group Disability Claims Development

 

 

 

 

 

Cumulative Paid Claims and Claim Adjustment Expenses, Net of Reinsurance

 

 

For the years ended December 31,

Accident

 

2010

2011

2012

2013

2014

2015

2016

2017

 

 

Year

 

(unaudited)

(unaudited)

(unaudited)

(unaudited)

(unaudited)

(unaudited)

(unaudited)

(unaudited)

 

2018

 

 

 

 

 

 

 

 

 

 

 

 

2010

$

3,197 

8,200 

9,799 

10,345 

10,762 

11,284 

11,797 

12,200 

$

12,565 

2011

 

 

3,252 

8,191 

9,622 

10,186 

10,737 

11,363 

11,993 

 

12,522 

2012

 

 

 

3,069 

7,003 

8,033 

8,591 

8,997 

9,509 

 

9,924 

2013

 

 

 

 

5,454 

12,541 

16,424 

19,428 

21,536 

 

23,460 

2014

 

 

 

 

 

3,663 

8,466 

9,919 

10,623 

 

11,142 

2015

 

 

 

 

 

 

6,825 

14,034 

16,634 

 

17,203 

2016

 

 

 

 

 

 

 

8,333 

16,379 

 

19,269 

2017

 

 

 

 

 

 

 

 

8,459 

 

16,139 

2018

 

 

 

 

 

 

 

 

 

 

8,417 

 

 

 

Total

$

130,642 

 

 

 

Outstanding policy benefits and claims payable before 2010, net of reinsurance

 

19,761 

 

 

 

Total policy benefits and claims, net of reinsurance

$

68,274