Reinsurance (Tables)

9 Months Ended

Sep. 30, 2024

SEC Schedule, 12-17, Insurance Companies, Reinsurance [Abstract]

Effects of Reinsurance

Assumed and ceded life reinsurance activity is summarized as follows:

(In thousands)	September 30, 2024		December 31, 2023
Aggregate assumed life insurance in force	$	3,605	3,772
Aggregate ceded life insurance in force	$	712,565	619,597
Net life insurance in force	$	4,480,563	4,306,429

The Company's reinsurance recoverable on ceded reinsurance was $7.3 million and $4.0 million as of September 30, 2024 and December 31, 2023, respectively.  Premiums, claims and surrenders assumed and ceded and expenses ceded for all lines of business for the three and nine months ended September 30, 2024 and 2023 are summarized as follows:

	Three Months Ended			Nine Months Ended
	September 30,			September 30,
(In thousands)	2024		2023	2024	2023
Premiums from short duration contracts:
Direct	$	449	283	1,376	3,920
Ceded	(14)		(16)	(16)	(1,798)
Net premiums earned	435		267	1,360	2,122
Premiums from long duration contracts:
Direct	44,295		42,156	126,351	119,353
Assumed	15		16	48	52
Ceded	(1,848)		(413)	(3,630)	(1,526)
Net premiums earned	42,462		41,759	122,769	117,879
Total premiums earned	$	42,897	42,026	124,129	120,001
Claims and surrenders assumed	$	22	23	97	90
Claims and surrenders ceded	$	(1,395)	(133)	(2,876)	(657)
Commissions assumed and ceded	$	(2,016)	9	(2,957)	26
Other general expenses ceded	$	(341)	—	(497)	—