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Insurance Reserves (Tables)
12 Months Ended
Dec. 31, 2015
Insurance Reserves Disclosures [Abstract]  
Schedule of Liability For Future Policy Benefits and Unpaid Claims

Changes in policy claims and other benefits payable were as follows:

 

 

Year ended December 31,

 

 

 

2015

 

 

2014

 

 

2013

 

 

 

(In thousands)

 

Policy claims and other benefits payable, beginning of period

 

$

245,829

 

 

$

238,750

 

 

$

243,145

 

Less reinsured policy claims and other benefits payable

 

 

264,049

 

 

 

248,185

 

 

 

269,279

 

Net balance, beginning of period

 

 

(18,220

)

 

 

(9,435

)

 

 

(26,134

)

Incurred related to current year

 

 

138,139

 

 

 

129,869

 

 

 

147,639

 

Incurred related to prior years

 

 

212

 

 

 

674

 

 

 

(4,956

)

Total incurred

 

 

138,351

 

 

 

130,543

 

 

 

142,683

 

Claims paid related to current year, net of reinsured policy claims received

 

 

(167,621

)

 

 

(155,357

)

 

 

(165,476

)

Reinsured policy claims received related to prior years, net of claims paid

 

 

23,661

 

 

 

21,881

 

 

 

39,989

 

Total paid

 

 

(143,960

)

 

 

(133,476

)

 

 

(125,487

)

Sale of DBL

 

 

-

 

 

 

(5,047

)

 

 

-

 

Foreign currency translation

 

 

(1,017

)

 

 

(805

)

 

 

(497

)

Net balance, end of period

 

 

(24,846

)

 

 

(18,220

)

 

 

(9,435

)

Add reinsured policy claims and other benefits payable

 

 

263,003

 

 

 

264,049

 

 

 

248,185

 

Balance, end of period

 

$

238,157

 

 

$

245,829

 

 

$

238,750