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Schedule III - Supplementary Insurance Information: Schedule III - Suppplementary Insurance Information Table Text (Tables)
12 Months Ended
Dec. 31, 2014
Tables/Schedules  
Schedule III - Suppplementary Insurance Information Table Text

 

SCHEDULE III

AMERICAN INDEPENDENCE CORP. AND SUBSIDIARIES

SUPPLEMENTARY INSURANCE INFORMATION

(In thousands)

 

 

 

 

 

 

 

 

 

 

 

INSURANCE

 

SELLING,

 

 

 

 

 

 

 

 

 

 

 

 

BENEFITS,

 

GENERAL

 

 

 

 

 

 

 

 

 

 

NET

 

CLAIMS

 

AND

 

NET

 

 

INSURANCE

 

UNEARNED

 

PREMIUMS

 

INVESTMENT

 

AND

 

ADMINISTRATIVE

 

PREMIUMS

 

 

RESERVES

 

PREMIUMS

 

EARNED

 

INCOME (1)

 

RESERVES

 

EXPENSES (2)

 

WRITTEN

SUCCESSOR

 

 

 

 

 

 

 

 

 

 

 

 

 

 

DECEMBER 31, 2014:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Independence American:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Medical stop-loss

$

15,929 

$

$

53,279 

$

1,103 

$

36,330 

$

14,524 

$

53,279 

Fully Insured Health

 

15,742 

 

3,686 

 

74,309 

 

782 

 

48,710 

 

23,290 

 

74,236 

Group Disability

 

1,945 

 

362 

 

6,018 

 

102 

 

3,847 

 

1,767 

 

6,078 

Total Independence American

 

33,616 

 

4,048 

 

133,606 

 

1,987 

 

88,887 

 

39,581 

 

133,593 

Agencies

 

 

 

 

150 

 

 

28,515 

 

Corporate

 

 

 

 

65 

 

 

1,656 

 

Total

$

33,616 

$

4,048 

$

133,606 

$

2,202 

$

88,887 

$

69,752 

$

133,593 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

DECEMBER 31, 2013:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Independence American:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Medical stop-loss

$

20,618 

$

$

55,508 

$

1,242 

$

37,762 

$

16,566 

$

55,508 

Fully Insured Health

 

13,276 

 

3,759 

 

66,167 

 

631 

 

45,884 

 

16,931 

 

67,702 

Group Disability

 

1,358 

 

302 

 

5,528 

 

73 

 

3,472 

 

1,594 

 

5,617 

Total Independence American

 

35,252 

 

4,061 

 

127,203 

 

1,946 

 

87,118 

 

35,091 

 

128,827 

Agencies

 

 

 

 

111 

 

 

22,384 

 

Corporate

 

 

 

 

47 

 

 

1,403 

 

Total

$

35,252 

$

4,061 

$

127,203 

$

2,104 

$

87,118 

$

58,878 

$

128,827 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

PREDECESSOR

 

 

 

 

 

 

 

 

 

 

 

 

 

 

DECEMBER 31, 2012:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Independence American:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Medical stop-loss

$

16,363 

$

$

47,531 

$

1,327 

$

32,574 

$

12,924 

$

47,531 

Fully Insured Health

 

7,822 

 

2,224 

 

32,762 

 

513 

 

22,220 

 

7,784 

 

34,699 

Group Disability

 

808 

 

213 

 

3,485 

 

65 

 

2,055 

 

1,043 

 

3,557 

Total Independence American

 

24,993 

 

2,437 

 

83,778 

 

1,905 

 

56,849 

 

21,751 

 

85,787 

Agencies

 

 

 

 

171 

 

 

14,705 

 

Corporate

 

 

 

 

50 

 

 

1,419 

 

Total

$

24,993 

$

2,437 

$

83,778 

$

2,126 

$

56,849 

$

37,875 

$

85,787 

 

(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.