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Reinsurance (Tables)
 12 Months Ended
Dec. 31, 2019
Reinsurance Disclosures [Abstract]  
Schedule of Reinsurance Recoverables
The following table provides details of the reinsurance recoverables balance as of the dates indicated:
 
 
2019
 
2018
Ceded future policyholder benefits and expense
 
$
326.4

 
$
287.1

Ceded unearned premium
 
2.5

 
2.7

Ceded claims and benefits payable
 
89.0

 
93.7

Ceded paid losses
 
0.3

 
0.5

Total
 
$
418.2

 
$
384.0
Schedule of Reinsurance Recoverable
The following table provides the reinsurance recoverable as of December 31, 2019 grouped by A.M. Best financial strength ratings:
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+
 
$
320.8

 
$
2.5

 
$
89.0

 
$
0.3

 
$
412.6

B++ or B+
 
5.6

 
—

 
—

 
—

 
5.6

Total Reinsurance recoverable
 
$
326.4

 
$
2.5

 
$
89.0

 
$
0.3

 
$
418.2

The following table presents the reinsurance recoverable from John Hancock, Sun Life, Talcott Resolution, and other reinsurers as of December 31, 2019 and 2018.
 
 
Years Ended December 31,
Reinsurer
 
2019
 
2018
John Hancock
 
$
385.3

 
$
346.5

Sun Life
 
26.3

 
30.7

Talcott Resolution
 
5.6

 
5.6

Other reinsurers
 
1.0

 
1.2

Total
 
$
418.2

 
$
384.0
Schedule of Effect of Reinsurance on Premiums Earned and Benefits Incurred
The effect of reinsurance on premiums earned and benefits incurred was as follows for the period indicated:
 
 
Years Ended December 31,
 
 
2019
 
2018
 
2017
 
 
Long
Duration
 
Short
Duration
 
Total
 
Long
Duration
 
Short
Duration
 
Total
 
Long
Duration
 
Short
Duration
 
Total
Direct earned premiums
 
$
8.0

 
$
12.2

 
$
20.2

 
$
8.4

 
$
18.6

 
$
27.0

 
$
8.4

 
$
18.5

 
$
26.9

Premiums assumed
 
—

 
—

 
—

 
—

 
—

 
—

 
—

 
0.3

 
0.3

Premiums ceded
 
(8.0
)
 
(11.5
)
 
(19.5
)
 
(8.4
)
 
(17.8
)
 
(26.2
)
 
(8.4
)
 
(17.8
)
 
(26.2
)
Net earned premiums
 
$
—

 
$
0.7

 
$
0.7

 
$
—

 
$
0.8

 
$
0.8

 
$
—

 
$
1.0

 
$
1.0

Direct policyholder benefits
 
$
56.8

 
$
8.3

 
$
65.1

 
$
21.5

 
$
8.9

 
$
30.4

 
$
27.0

 
$
10.8

 
$
37.8

Policyholder benefits ceded
 
(56.8
)
 
(8.0
)
 
(64.8
)
 
(21.5
)
 
(8.7
)
 
(30.2
)
 
(27.0
)
 
(10.4
)
 
(37.4
)
Net policyholder benefits
 
$
—

 
$
0.3

 
$
0.3

 
$
—

 
$
0.2

 
$
0.2

 
$
—

 
$
0.4

 
$
0.4