REINSURANCE	9 Months Ended
Sep. 30, 2017
Reinsurance Disclosures [Abstract]
REINSURANCE	REINSURANCE The cost of reinsurance ceded totaled $27.1 million and $32.2 million in the third quarters of 2017 and 2016, respectively, and $79.9 million and $97.3 million in the first nine months of 2017 and 2016, respectively. We deduct this cost from insurance policy income. Reinsurance recoveries netted against insurance policy benefits totaled $22.6 million and $31.7 million in the third quarters of 2017 and 2016, respectively, and $69.1 million and $113.3 million in the first nine months of 2017 and 2016, respectively. From time to time, we assume insurance from other companies. Any costs associated with the assumption of insurance are amortized consistent with the method used to amortize deferred acquisition costs. Reinsurance premiums assumed totaled $7.4 million and $8.3 million in the third quarters of 2017 and 2016, respectively, and $23.1 million and $25.8 million in the first nine months of 2017 and 2016, respectively.

REINSURANCE

9 Months Ended

Sep. 30, 2017

The cost of reinsurance ceded totaled $27.1 million and $32.2 million in the third quarters of 2017 and 2016, respectively, and $79.9 million and $97.3 million in the first nine months of 2017 and 2016, respectively. We deduct this cost from insurance policy income. Reinsurance recoveries netted against insurance policy benefits totaled $22.6 million and $31.7 million in the third quarters of 2017 and 2016, respectively, and $69.1 million and $113.3 million in the first nine months of 2017 and 2016, respectively.

From time to time, we assume insurance from other companies. Any costs associated with the assumption of insurance are amortized consistent with the method used to amortize deferred acquisition costs. Reinsurance premiums assumed totaled $7.4 million and $8.3 million in the third quarters of 2017 and 2016, respectively, and $23.1 million and $25.8 million in the first nine months of 2017 and 2016, respectively.