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Reinsurance (Tables)
12 Months Ended
Dec. 31, 2016
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, 2016:
 
 
 
Life insurance in-force
 
 
Individual
 
Group
 
Total
Written and earned direct
 
$
54,618,888

 
$
41,809,635

 
$
96,428,523

Reinsurance ceded
 
(10,568,467
)
 
(833,090
)
 
(11,401,557
)
Reinsurance assumed
 
56,165,011

 

 
56,165,011

Net
 
$
100,215,432

 
$
40,976,545

 
$
141,191,977

Percentage of amount assumed to net
 
56
%
 
%
 
40
%
 
The following tables summarizes 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
%
 
Summary of total premium income
 
 
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

 
 
Premium income
 
 
Life insurance
 
Annuities
 
Total
Written and earned direct
 
$
392,654

 
$
1,998

 
$
394,652

Reinsurance ceded
 
(52,397
)
 
(81
)
 
(52,478
)
Reinsurance assumed
 
123,175

 

 
123,175

Net
 
$
463,432

 
$
1,917

 
$
465,349

 
 
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