CITIZENS INC
For the period ended Dec 31, 2023. Filed Mar 14, 2024.
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FY2023 · Filed Mar 14, 2024
CIA$4.38+0.7%Stored close · as of Nov 10, 2026
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Schedule IV – Consolidated Statement of Reinsurance
| CITIZENS, INC. | FINANCIAL SCHEDULES |
|---|
For the Company's short duration contracts (property), written premium is not materially different from earned premium, therefore only earned premiums are detailed in Schedule IV.
| Schedule IVConsolidated Statement of Reinsurance | |||||
|---|---|---|---|---|---|
| (In thousands) | DirectAmount | Ceded toOtherCompanies | AssumedFrom OtherCompanies | Net Amount | % ofAmountAssumed toNet |
| Year ended December 31, 2023: | |||||
| Life insurance in force | $4,922,254 | 619,597 | 3,772 | 4,306,429 | 0.1% |
| Premiums: | |||||
| Life insurance | $166,336 | 1,795 | 68 | 164,609 | |
| Accident and health insurance | 1,641 | 4 | — | 1,637 | |
| Property insurance | 2,580 | 1,787 | — | 793 | |
| Total premiums | $170,557 | 3,586 | 68 | 167,039 | —% |
| Year ended December 31, 2022: | |||||
| Life insurance in force | $4,796,570 | 543,496 | 4,074 | 4,257,148 | 0.1% |
| Premiums: | |||||
| Life insurance | $169,432 | 1,920 | 74 | 167,586 | |
| Accident and health insurance | 1,283 | 5 | — | 1,278 | |
| Property insurance | 6,258 | 1,408 | — | 4,850 | |
| Total premiums | $176,973 | 3,333 | 74 | 173,714 | —% |
| Year ended December 31, 2021: | |||||
| Life insurance in force | $4,627,509 | 465,954 | 4,366 | 4,165,921 | 0.1% |
| Premiums: | |||||
| Life insurance | $171,567 | 1,850 | 84 | 169,801 | |
| Accident and health insurance | 1,255 | 5 | — | 1,250 | |
| Property insurance | 5,984 | 2,307 | — | 3,677 | |
| Total premiums | $178,806 | 4,162 | 84 | 174,728 | —% |
December 31, 2023 | 10-K 119
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