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Reinsurance (Tables)
12 Months Ended
Dec. 31, 2015
Insurance [Abstract]  
Summary of life insurance in-force
The following tables summarize life insurance in-force and total premium income at and for the year ended December 31, 2015:
 
 
 
Life insurance in-force
 
 
Individual
 
Group
 
Total
Written and earned direct
 
$
53,403,194

 
$
41,855,857

 
$
95,259,051

Reinsurance ceded
 
(10,169,625
)
 
(393,512
)
 
(10,563,137
)
Reinsurance assumed
 
58,742,234

 

 
58,742,234

Net
 
$
101,975,803

 
$
41,462,345

 
$
143,438,148

Percentage of amount assumed to net
 
58
%
 
%
 
41
%
 
The following tables summarize life insurance in-force and total premium income at and for the year ended December 31, 2014:
 
 
 
Life insurance in-force
 
 
Individual
 
Group
 
Total
Written and earned direct
 
$
52,836,475

 
$
41,268,214

 
$
94,104,689

Reinsurance ceded
 
(9,773,885
)
 

 
(9,773,885
)
Reinsurance assumed
 
61,911,865

 

 
61,911,865

Net
 
$
104,974,455

 
$
41,268,214

 
$
146,242,669

Percentage of amount assumed to net
 
59
%
 
%
 
42
%
 
Summary of total premium income
 
 
Premium income
 
 
Life insurance
 
Annuities
 
Total
Written and earned direct
 
$
368,442

 
$
503

 
$
368,945

Reinsurance ceded
 
(48,107
)
 
(86
)
 
(48,193
)
Reinsurance assumed
 
124,798

 

 
124,798

Net
 
$
445,133

 
$
417

 
$
445,550

The following table summarizes total premium income for the year ended December 31, 2013:
 
 
 
Premium income
 
 
Life insurance
 
Annuities
 
Total
Written and earned direct
 
$
315,100

 
$
4,000

 
$
319,100

Reinsurance ceded
 
(1,338
)
 
(88
)
 
(1,426
)
Reinsurance assumed
 
146,419

 

 
146,419

Net
 
$
460,181

 
$
3,912

 
$
464,093

 
 
Premium income
 
 
Life insurance
 
Annuities
 
Total
Written and earned direct
 
$
360,959

 
$
1,255

 
$
362,214

Reinsurance ceded
 
(45,925
)
 
(95
)
 
(46,020
)
Reinsurance assumed
 
130,201

 

 
130,201

Net
 
$
445,235

 
$
1,160

 
$
446,395