Reinsurance (Tables)

12 Months Ended

Dec. 31, 2014

Reinsurance

Schedule of reinsurance recoverables

	2014		2013
Ceded future policyholder benefits and expense	$	208,022	$	143,007
Ceded unearned premium	3,857		2,667
Ceded claims and benefits payable	36,809		29,983
Ceded paid losses	1,484		1,644
Total	$	250,172	$	177,301

Schedule of reinsurance recoverable grouped by A.M. Best rating

A.M. Best ratings of reinsurer	Ceded future policyholder benefits and expense		Ceded unearned premiums		Ceded claims and benefits payable		Ceded paid losses		Total
A++ or A+	$	203,351	$	3,857	$	36,034	$	145	$	243,387
A or A-	4,671		0		27		5		4,703
Not rated	0		0		748		1,334		2,082
Reinsurance recoverable	$	208,022	$	3,857	$	36,809	$	1,484	$	250,172

Schedule of effect of reinsurance on premiums earned and benefits incurred

	Years Ended December 31,
	2014									2013									2012
	Long Duration			Short Duration			Total			Long Duration			Short Duration			Total			Long Duration			Short Duration			Total
Direct earned premiums	$	8,254		$	18,990		$	27,244		$	10,353		$	22,284		$	32,637		$	9,832		$	24,950		$	34,782
Premiums assumed	295			5,458			5,753			350			5,981			6,331			301			6,506			6,807
Premiums ceded	(8,254		)	(1,041		)	(9,295		)	(10,353		)	(1,272		)	(11,625		)	(9,832		)	(1,680		)	(11,512		)
Net earned premiums	$	295		$	23,407		$	23,702		$	350		$	26,993		$	27,343		$	301		$	29,776		$	30,077
Direct policyholder benefits	80,833			12,604			93,437			18,380			14,181			32,561			$	18,909		$	16,494		$	35,403
Policyholder benefits assumed	258			3,911			4,169			151			8,022			8,173			600			4,279			4,879
Policyholder benefits ceded	(80,833		)	(832		)	(81,665		)	(18,380		)	(1,073		)	(19,453		)	(18,948		)	(1,717		)	(20,665		)
Net policyholder benefits	$	258		$	15,683		$	15,941		$	151		$	21,130		$	21,281		$	561		$	19,056		$	19,617