Reinsurance (Tables)

12 Months Ended

Dec. 31, 2012

Reinsurance

Summary of life insurance in-force

The following tables summarize life insurance in-force at and for the year ended December 31, 2012:

	Life insurance in-force
	Individual			Group			Total
Written and earned direct	$	51,324,176		$	38,587,771		$	89,911,947
Reinsurance ceded	(11,138,163		)	—			(11,138,163		)
Reinsurance assumed	72,580,078			—			72,580,078
Net	$	112,766,091		$	38,587,771		$	151,353,862
Percentage of amount assumed to net	64.4		%	0.0		%	48.2		%

The following tables summarize life insurance in-force at and for the year ended December 31, 2011:

	Life insurance in-force
	Individual			Group			Total
Written and earned direct	$	50,461,815		$	37,007,795		$	87,469,610
Reinsurance ceded	(11,157,504		)	—			(11,157,504		)
Reinsurance assumed	77,352,956			—			77,352,956
Net	$	116,657,267		$	37,007,795		$	153,665,062
Percentage of amount assumed to net	66.3		%	0.0		%	50.3		%

Summary of total premium income

The following tables summarize total premium income at and for the year ended December 31, 2012:

	Premium income
	Life insurance			Annuities		Total
Written and earned direct	$	323,236		$	3,712	$	326,948
Reinsurance ceded	(53,950		)	3,648		(50,302		)
Reinsurance assumed	145,507			—		145,507
Net	$	414,793		$	7,360	$	422,153

The following tables summarize total premium income at and for the year ended December 31, 2011:

	Premium income
	Life insurance			Annuities			Total
Written and earned direct	$	395,419		$	1,960		$	397,379
Reinsurance ceded	(40,654		)	(66		)	(40,720		)
Reinsurance assumed	166,557			—			166,557
Net	$	521,322		$	1,894		$	523,216

The following tables summarize total premium income at and for the year ended December 31, 2010:

	Premium income
	Life insurance			Annuities			Total
Written and earned direct	$	674,726		$	5,665		$	680,391
Reinsurance ceded	(41,362		)	(112		)	(41,474		)
Reinsurance assumed	166,705			—			166,705
Net	$	800,069		$	5,553		$	805,622