Related Party Transactions (Tables)

9 Months Ended

Sep. 30, 2013

Related Party Transactions

Schedule of related party amounts included in the condensed consolidated balance sheets in connection with the termination of the reinsurance agreement

The Company recorded, at fair value, the following on January 1, 2013, in its condensed consolidated balance sheet in connection with the termination of the reinsurance agreement:

Assets

Fixed maturities, available-for-sale	$	44,104
Policy loans	6,468
Reinsurance receivable	(42,297		)
Investment income due and accrued	347
Total	$	8,622

Liabilities

Undistributed earnings on participating business	$	4,781
Due to parent and affiliates	3,841
Total	$	8,622

Schedule of related party amounts included in the condensed consolidated statements of income in connection with the termination of the reinsurance agreement

The Company recorded the following on January 1, 2013, in its condensed consolidated statement of income in connection with the termination of the reinsurance agreement:

Premium income	$	42,297
Other revenue	7,355
Total	49,652
Increase (decrease) in future policy benefits	41,297
Dividends to policyholders	1,000
Total	42,297
Participating policyholders’ net income before income taxes	7,355
Income tax expense	2,574
Participating policyholders’ income	4,781
Provision for policyholders’ share of earnings on participating business	4,781
Net income available to shareholder	$	—