Reinsurance (Tables)

12 Months Ended

Dec. 31, 2015

The following table provides details of the reinsurance recoverables balance as of December 31:



	2015		2014
Ceded future policyholder benefits and expense	$	213,792	$	208,022
Ceded unearned premium	3,743		3,857
Ceded claims and benefits payable	41,266		36,809
Ceded paid losses	1,480		1,484
Total	$	260,281	$	250,172

The following table provides the reinsurance recoverable as of December 31, 2015 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+	$	208,742	$	3,743	$	40,546	$	125	$	253,156
A or A–	5,050		—		1		—		5,051
B or B-	—		—		—		6		6
Not rated	—		—		719		1,349		2,068
Reinsurance recoverable	$	213,792	$	3,743	$	41,266	$	1,480	$	260,281

The effect of reinsurance on premiums earned and benefits incurred was as follows:



	Years Ended December 31,
	2015									2014									2013
	Long Duration			Short Duration			Total			Long Duration			Short Duration			Total			Long Duration			Short Duration			Total
Direct earned premiums	$	9,070		$	17,273		$	26,343		$	8,254		$	18,990		$	27,244		$	10,353		$	22,284		$	32,637
Premiums assumed	—			5,251			5,251			295			5,458			5,753			350			5,981			6,331
Premiums ceded	(9,070		)	(855		)	(9,925		)	(8,254		)	(1,041		)	(9,295		)	(10,353		)	(1,272		)	(11,625		)
Net earned premiums	$	—		$	21,669		$	21,669		$	295		$	23,407		$	23,702		$	350		$	26,993		$	27,343
Direct policyholder benefits	20,437			10,967			31,404			80,833			12,604			93,437			18,380			14,181			32,561
Policyholder benefits assumed	21			6,077			6,098			258			3,911			4,169			151			8,022			8,173
Policyholder benefits ceded	(20,437		)	(738		)	(21,175		)	(80,833		)	(832		)	(81,665		)	(18,380		)	(1,073		)	(19,453		)
Net policyholder benefits	$	21		$	16,306		$	16,327		$	258		$	15,683		$	15,941		$	151		$	21,130		$	21,281