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Reinsurance
9 Months Ended
Sep. 30, 2018
Insurance [Abstract]  
Reinsurance The Company recognizes the cost of reinsurance premiums over the contract periods for such premiums in proportion to the insurance protection provided. Amounts recoverable from reinsurers for unpaid claims and claim settlement expenses, including estimated amounts for unsettled claims, claims incurred but not yet reported and policy benefits, are estimated in a manner consistent with the insurance liability associated with the policy. The effects of reinsurance on premiums written and contract deposits; premiums and contract charges earned; and benefits, claims and settlement expenses were as follows:
($ in thousands)
 
Gross
Amount
 
Ceded to
Other
Companies
 
Assumed
from Other
Companies
 
Net
Amount
Three months ended September 30, 2018
 
 

 
 

 
 

 
 

Premiums written and contract deposits (1)
 
$
342,268

 
$
5,370

 
$
1,199

 
$
338,097

Premiums and contract charges earned
 
210,953

 
5,385

 
1,252

 
206,820

Benefits, claims and settlement expenses
 
163,912

 
3,207

 
1,141

 
161,846

 
 
 
 
 
 
 
 
 
Three months ended September 30, 2017
 
 

 
 

 
 

 
 

Premiums written and contract deposits (1)
 
$
322,428

 
$
5,189

 
$
1,116

 
$
318,355

Premiums and contract charges earned
 
202,988

 
5,216

 
1,163

 
198,935

Benefits, claims and settlement expenses
 
135,508

 
1,831

 
1,218

 
134,895

 
 
 
 
 
 
 
 
 
Nine months ended September 30, 2018
 
 
 
 
 
 
 
 
Premiums written and contract deposits (1)
 
$
936,948

 
$
16,367

 
$
3,246

 
$
923,827

Premiums and contract charges earned
 
628,582

 
16,418

 
3,264

 
615,428

Benefits, claims and settlement expenses
 
486,339

 
15,551

 
2,898

 
473,686

 
 
 
 
 
 
 
 
 
Nine months ended September 30, 2017
 
 
 
 
 
 
 
 
Premiums written and contract deposits (1)
 
$
940,063

 
$
16,342

 
$
2,980

 
$
926,701

Premiums and contract charges earned
 
603,794

 
16,415

 
2,996

 
590,375

Benefits, claims and settlement expenses
 
450,997

 
8,899

 
2,772

 
444,870


________________
(1) 
This measure is not based on accounting principles generally accepted in the United States of America (non-GAAP). An explanation of this non-GAAP measure is contained in the Glossary of Selected Terms included as an exhibit in the Company's reports filed with the SEC.