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Recoverable from Reinsurers
9 Months Ended
Sep. 30, 2018
Insurance [Abstract]  
Recoverable from Reinsurers
8. Recoverable from Reinsurers

Recoverable from reinsurers consists of the following (in thousands):
 
 
 
 
September 30, 2018
 
December 31, 2017
Reinsurer
 
A.M. Best Rating
 
Amount
 
% of Total
 
Amount
 
% of Total
Hannover Life Reassurance Company of America
 
A+
 
$
338,438

 
25.9
%
 
$
336,852

 
64.0
%
Munich American Reassurance Company
 
A+
 
331,390

 
25.4
%
 

 
%
ManhattanLife Assurance Company of America
 
B+
 
278,339

 
21.3
%
 

 
%
Loyal American Life Insurance Company
 
A
 
144,246

 
11.1
%
 
140,552

 
26.7
%
General Re Life Corporation
 
A++
 
142,411

 
10.9
%
 

 
%
Great American Life Insurance Company
 
A
 
52,997

 
4.1
%
 
48,933

 
9.3
%
Other
 
 
 
17,217

 
1.3
%
 

 
%
Total
 
 
 
$
1,305,038

 
100.0
%
 
$
526,337

 
100.0
%


During the three months ended September 30, 2018, CGI recaptured one of their reinsurance treaties and received $158.5 million of cash, reduced its ceded reinsurance by $140.8 million, recognizing a gain of $17.7 million, included in Other income (expenses), net.