Reinsurance (Tables)

12 Months Ended

Dec. 31, 2016

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



	2016		2015
Ceded future policyholder benefits and expense	$	289,303	$	213,792
Ceded unearned premium	3,158		3,743
Ceded claims and benefits payable	95,936		41,266
Ceded paid losses	476		1,480
Total	$	388,873	$	260,281

The following table provides the reinsurance recoverable as of December 31, 2016 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+	$	283,676	$	3,158	$	95,740	$	575		$	383,149
A or A–	5,627		—		—		—			5,627
Not rated	—		—		196		(85		)	111
Total	289,303		3,158		95,936		490			388,887
Less: Allowance	—		—		—		(14		)	(14		)
Net Reinsurance recoverable	$	289,303	$	3,158	$	95,936	$	476		$	388,873

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



	Years Ended December 31,
	2016									2015									2014
	Long Duration			Short Duration			Total			Long Duration			Short Duration			Total			Long Duration			Short Duration			Total
Direct earned premiums	$	9,350		$	15,426		$	24,776		$	9,070		$	17,273		$	26,343		$	8,254		$	18,990		$	27,244
Premiums assumed	10			2,556			2,566			—			5,251			5,251			295			5,458			5,753
Premiums ceded	(9,350		)	(13,473		)	(22,823		)	(9,070		)	(855		)	(9,925		)	(8,254		)	(1,041		)	(9,295		)
Net earned premiums	$	10		$	4,509		$	4,519		$	—		$	21,669		$	21,669		$	295		$	23,407		$	23,702
Direct policyholder benefits	$	92,112		$	9,030		$	101,142		$	20,437		$	10,967		$	31,404		$	80,833		$	12,604		$	93,437
Policyholder benefits assumed	217			1,823			2,040			21			6,077			6,098			258			3,911			4,169
Policyholder benefits ceded	(92,320		)	(7,825		)	(100,145		)	(20,437		)	(738		)	(21,175		)	(80,833		)	(832		)	(81,665		)
Net policyholder benefits	$	9		$	3,028		$	3,037		$	21		$	16,306		$	16,327		$	258		$	15,683		$	15,941