Consolidated Balance Sheets - USD ($)
$ in Thousands |
Dec. 31, 2016 |
Dec. 31, 2015 |
| Securities available for sale, at fair value: |
|
|
| Fixed maturities (amortized cost of $1,104,303 in 2016 and $1,088,258 in 2015) |
$ 1,151,643
|
$ 1,133,645
|
| Equity securities (cost of $240,699 in 2016 and $169,593 in 2015) |
270,349
|
197,071
|
| Securities held to maturity, at amortized cost: |
|
|
| Fixed maturities (fair value of $3,012 in 2016 and $3,124 in 2015) |
2,836
|
2,929
|
| Policy loans |
8,564
|
7,901
|
| Cash and cash equivalents |
103,428
|
197,818
|
| Total investments and cash |
1,536,820
|
1,539,364
|
| Premium and other receivables, net |
286,365
|
282,646
|
| Deferred policy acquisition costs and value of business acquired |
194,787
|
190,648
|
| Property and equipment, net |
66,369
|
73,953
|
| Deferred tax asset |
57,768
|
52,361
|
| Goodwill |
25,397
|
25,397
|
| Other assets |
51,493
|
41,776
|
| Total assets |
2,218,999
|
2,206,145
|
| Liabilities and Stockholders' Equity |
|
|
| Claim liabilities |
487,943
|
491,765
|
| Liability for future policy benefits |
321,232
|
289,530
|
| Unearned premiums |
79,310
|
80,260
|
| Policyholder deposits |
179,382
|
179,287
|
| Liability to Federal Employees' Health Benefits and Federal Employees' Programs |
34,370
|
26,695
|
| Accounts payable and accrued liabilities |
169,449
|
176,910
|
| Deferred tax liability |
18,850
|
15,070
|
| Long term borrowings |
35,085
|
36,827
|
| Liability for pension benefits |
30,892
|
62,945
|
| Total liabilities |
1,356,513
|
1,359,289
|
| Commitments and contingencies |
|
|
| Triple-S Management Corporation stockholders' equity |
|
|
| Additional paid-in capital |
65,592
|
83,438
|
| Retained earnings |
730,904
|
713,466
|
| Accumulated other comprehensive income, net |
42,395
|
25,623
|
| Total Triple-S Management Corporation stockholders' equity |
863,163
|
847,526
|
| Non-controlling interest in consolidated subsidiary |
(677)
|
(670)
|
| Total stockholders' equity |
862,486
|
846,856
|
| Total liabilities and stockholders' equity |
2,218,999
|
2,206,145
|
| Class A Common Stock [Member] |
|
|
| Triple-S Management Corporation stockholders' equity |
|
|
| Common stock |
951
|
951
|
| Class B Common Stock [Member] |
|
|
| Triple-S Management Corporation stockholders' equity |
|
|
| Common stock |
$ 23,321
|
$ 24,048
|