SEC Schedule III, Article 12-16, Supplementary Insurance Information

12 Months Ended

Dec. 31, 2011

SEC Schedule, Article 12-16, Supplementary Insurance Information

Supplementary Insurance Information, for Insurance Companies Disclosure [Text Block]

SCHEDULE III

AMERICAN INDEPENDENCE CORP. AND SUBSIDIARIES

SUPPLEMENTARY INSURANCE INFORMATION

(In thousands)

										INSURANCE		SELLING,
										BENEFITS,		GENERAL
								NET		CLAIMS		AND
		INSURANCE		UNEARNED		PREMIUMS		INVESTMENT		AND		ADMINISTRATIVE		PREMIUMS
		RESERVES		PREMIUMS		EARNED		INCOME (1)		RESERVES		EXPENSES (2)		WRITTEN
YEAR ENDED DECEMBER 31, 2011:
Independence American:
	Medical stop-loss	$	14,165	$	-	$	38,569	$	1,417	$	25,759	$	11,497	$	38,569
	Fully Insured Health		6,259		287		30,913		496		20,198		6,935		31,188
	DBL		606		140		2,966		68		1,811		917		2,987
Total Independence American			21,030		427		72,448		1,981		47,768		19,349		72,744
Risk Solutions and Agencies			-		-		-		163		-		13,737		-
Corporate			-		-		-		45		-		1,838		-
Total		$	21,030	$	427	$	72,448	$	2,189	$	47,768	$	34,924	$	72,744
YEAR ENDED DECEMBER 31, 2010:
Independence American:
	Medical stop-loss	$	15,089	$	-	$	39,247	$	1,683	$	28,789	$	10,923	$	39,247
	Fully Insured Health		6,272		11		31,394		508		19,568		7,725		31,376
	DBL		648		120		3,218		75		1,869		936		3,218
Total Independence American			22,009		131		73,859		2,266		50,226		19,584		73,841
Risk Solutions and Agencies			-		-		-		236		-		13,071		-
Corporate			-		-		-		16		-		1,589		-
Total		$	22,009	$	131	$	73,859	$	2,518	$	50,226	$	34,244	$	73,841
YEAR ENDED DECEMBER 31, 2009:
Independence American:
	Medical stop-loss	$	17,539	$	-	$	46,378	$	1,942	$	30,937	$	14,186	$	46,378
	Fully Insured Health		7,890		29		35,834		548		26,823		7,719		35,783
	DBL		680		120		3,303		72		1,898		999		3,303
Total Independence American			26,109		149		85,515		2,562		59,658		22,904		85,464
Risk Solutions and Agencies			-		-		-		361		-		14,768		-
Corporate			-		-		-		1		-		1,437		-
Total		$	26,109	$	149	$	85,515	$	2,924	$	59,658	$	39,109	$	85,464

(1)Net investment income is allocated between product lines based on the mean reserve method.

(2)Where possible, direct operating expenses are specifically identified and charged to product lines. Indirect expenses are allocated based on time studies; however, other acceptable methods of allocation might produce different results.