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Reinsurance (Tables)
 12 Months Ended
Dec. 31, 2017
Reinsurance Disclosures [Abstract]  
Schedule of Reinsurance Recoverables
The following table provides details of the reinsurance recoverables balance as of December 31:
 
 
2017
 
2016
Ceded future policyholder benefits and expense
 
$
294.0

 
$
289.3

Ceded unearned premium
 
2.9

 
3.2

Ceded claims and benefits payable
 
88.6

 
95.9

Ceded paid losses
 
0.3

 
0.5

Total
 
$
385.8

 
$
388.9
Schedule of Reinsurance Recoverable Grouped by A.M. Best Rating
The following table provides the reinsurance recoverable as of December 31, 2017 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+
 
$
288.1

 
$
2.9

 
$
88.5

 
$
0.2

 
$
379.7

B++ or B+
 
5.9

 
—

 
—

 
—

 
5.9

Not rated
 
—

 
—

 
0.1

 
0.1

 
0.2

Total Reinsurance recoverable
 
$
294.0

 
$
2.9

 
$
88.6

 
$
0.3

 
$
385.8

The following table presents the reinsurance recoverable from Sun Life, The Hartford, John Hancock and other reinsurers as of December 31, 2017 and 2016.

 
 
Years Ended December 31,
Reinsurer
 
2017
 
2016
John Hancock
 
$
340.7

 
$
327.5

Sun Life
 
37.9

 
54.4

The Hartford
 
5.9

 
5.6

Other reinsurers
 
1.3

 
1.4

Total
 
$
385.8

 
$
388.9
Schedule of Effect of Reinsurance on Premiums Earned and Benefits Incurred
The effect of reinsurance on premiums earned and benefits incurred was as follows:
 
 
Years Ended December 31,
 
 
2017
 
2016
 
2015
 
 
Long
Duration
 
Short
Duration
 
Total
 
Long
Duration
 
Short
Duration
 
Total
 
Long
Duration
 
Short
Duration
 
Total
Direct earned premiums
 
$
8.4

 
$
18.5

 
$
26.9

 
$
9.4

 
$
15.4

 
$
24.8

 
$
9.1

 
$
17.3

 
$
26.4

Premiums assumed
 
—

 
0.3

 
0.3

 
—

 
2.6

 
2.6

 
—

 
5.3

 
5.3

Premiums ceded
 
(8.4
)
 
(17.8
)
 
(26.2
)
 
(9.4
)
 
(13.5
)
 
(22.9
)
 
(9.1
)
 
(0.9
)
 
(10.0
)
Net earned premiums
 
$
—

 
$
1.0

 
$
1.0

 
$
—

 
$
4.5

 
$
4.5

 
$
—

 
$
21.7

 
$
21.7

Direct policyholder benefits
 
$
27.0

 
$
10.8

 
$
37.8

 
$
92.1

 
$
9.0

 
$
101.1

 
$
20.4

 
$
11.0

 
$
31.4

Policyholder benefits assumed
 
—

 
—

 
—

 
0.2

 
1.8

 
2.0

 
—

 
6.0

 
6.0

Policyholder benefits ceded
 
(27.0
)
 
(10.4
)
 
(37.4
)
 
(92.3
)
 
(7.8
)
 
(100.1
)
 
(20.4
)
 
(0.7
)
 
(21.1
)
Net policyholder benefits
 
$
—

 
$
0.4

 
$
0.4

 
$
—

 
$
3.0

 
$
3.0

 
$
—

 
$
16.3

 
$
16.3