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Catastrophe Reinsurance (Tables)
12 Months Ended
Dec. 31, 2016
Reinsurance Disclosures [Abstract]  
Reinsurance Retention Policy
Coverage for the Property & Casualty Insurance segment’s primary catastrophe reinsurance program effective January 1, 2015 to December 31, 2015 is provided in various layers as presented below.
DOLLARS IN MILLIONS
 
Catastrophe Losses and
LAE
 
Percentage
of Coverage
In Excess of
 
Up to
 
Retained
 
$

 
$
50.0

 
%
1st Layer of Coverage
 
50.0

 
150.0

 
95.0

2nd Layer of Coverage
 
150.0

 
350.0

 
95.0

Coverage for the Property & Casualty Insurance segment’s primary catastrophe reinsurance program effective January 1, 2016 to December 31, 2016 is provided in various layers as presented below.
DOLLARS IN MILLIONS
 
Catastrophe Losses and
LAE
 
Percentage
of Coverage
In Excess of
 
Up to
 
Property & Casualty Insurance Segment:
 
 
 
 
 
 
Retained
 
$

 
$
50.0

 
%
1st Layer of Coverage
 
50.0

 
150.0

 
95.0

2nd Layer of Coverage
 
150.0

 
350.0

 
95.0

Coverage for the Property & Casualty Insurance segment’s primary catastrophe reinsurance program effective January 1, 2014 to December 31, 2014 is provided in various layers as presented below.
DOLLARS IN MILLIONS
 
Catastrophe Losses and
LAE
 
Percentage
of Coverage
In Excess of
 
Up to
 
Property & Casualty Insurance Segment:
 
 
 
 
 
 
Retained
 
$

 
$
50.0

 
%
1st Layer of Coverage
 
50.0

 
100.0

 
95.0

2nd Layer of Coverage
 
100.0

 
200.0

 
95.0

3rd Layer of Coverage
 
200.0

 
400.0

 
95.0

Catastrophe Reinsurance Premiums
Reinsurance premiums for the Company’s primary catastrophe reinsurance programs and the FHCF Program reduced earned premiums for the years ended December 31, 2016, 2015 and 2014 by the following:
DOLLARS IN MILLIONS
 
2016
 
2015
 
2014
Property & Casualty Insurance
 
$
11.9

 
$
12.8

 
$
17.6

Life & Health Insurance
 
0.1

 
0.1

 
0.1

Total Ceded Catastrophe Reinsurance Premiums
 
$
12.0

 
$
12.9

 
$
17.7

Catastrophe Losses and LAE, Net Reinsurance Recoveries
Catastrophe losses and LAE (including reserve development), net of reinsurance recoveries, for the years ended December 31, 2016, 2015 and 2014 by business segment are presented below.
DOLLARS IN MILLIONS
 
2016
 
2015
 
2014
Property & Casualty Insurance
 
$
90.4

 
$
56.6

 
$
80.7

Life & Health Insurance
 
5.4

 
3.9

 
3.1

Total Catastrophe Losses and LAE
 
$
95.8

 
$
60.5

 
$
83.8