Humana 2007 Annual Report Download - page 104
Download and view the complete annual report
Please find page 104 of the 2007 Humana annual report below. You can navigate through the pages in the report by either clicking on the pages listed below, or by using the keyword search tool below to find specific information within the annual report.-
1 -
2
-
3
-
4
-
5
-
6
-
7
-
8
-
9
-
10
-
11
-
12
-
13
-
14
-
15
-
16
-
17
-
18
-
19
-
20
-
21
-
22
-
23
-
24
-
25
-
26
-
27
-
28
-
29
-
30
-
31
-
32
-
33
-
34
-
35
-
36
-
37
-
38
-
39
-
40
-
41
-
42
-
43
-
44
-
45
-
46
-
47
-
48
-
49
-
50
-
51
-
52
-
53
-
54
-
55
-
56
-
57
-
58
-
59
-
60
-
61
-
62
-
63
-
64
-
65
-
66
-
67
-
68
-
69
-
70
-
71
-
72
-
73
-
74
-
75
-
76
-
77
-
78
-
79
-
80
-
81
-
82
-
83
-
84
-
85
-
86
-
87
-
88
-
89
-
90
-
91
-
92
-
93
-
94 -
95 -
96 -
97 -
98 -
99 -
100 -
101 -
102 -
103 -
104 -
105 -
106 -
107 -
108 -
109 -
110 -
111 -
112 -
113 -
114 -
115
-
116
-
117
-
118
-
119
-
120
-
121
-
122
-
123
-
124
-
125
 |
 |
Humana Inc.
NOTES TO CONSOLIDATED FINANCIAL STATEMENTS—(Continued)
December 31, 2007 and 100% at December 31, 2006. The decrease primarily was related to the November 30,
2007 KMG acquisition. Premiums ceded were $13.4 million in 2007, $15.7 million in 2006 and $21.7 million in
2005.
We evaluate the financial condition of these reinsurers on a regular basis. These reinsurers are well-known
and well-established, as evidenced by the strong financial ratings at December 31, 2007 presented below:
Reinsurer
Total
Recoverable A.M. Best Rating
(in thousands)
Protective Life Insurance Company .............. $214,821 A+ (superior)
All others ................................... 126,817 A+ to A- (excellent)
$341,638
The all other category represents approximately 20 reinsurers with individual balances less than $25.0
million. Two of these reinsurers have placed $31.0 million in trusts equivalent to the amount recoverable from
the reinsurer.
94