Assurant 2011 Annual Report Download - page 109

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ASSURANT, INC.2011 Form10-K F-33
12 Reserves
Information about other intangible assets is as follows:
As of December31,
2011 2010
Carrying Value
Accumulated
Amortization
Net Other
Intangible Assets Carrying Value
Accumulated
Amortization
Net Other
Intangible Assets
Contract based intangibles $ 66,047 $ (34,409) $ 31,638 $ 66,047 $ (31,874) $ 34,173
Customer related intangibles (1) 484,203 (231,473) 252,730 445,357 (188,090) 257,267
Marketing related intangibles 45,676 (26,536) 19,140 37,716 (17,647) 20,069
Technology based intangibles 360 (36) 324
TOTAL $ 596,286 $ 292,454 $ 303,832 $ 549,120 $ 237,611 $ 311,509
(1) Excluded from the 2010 customer related carrying value and accumulated amortization amounts is an impairment charge of $47,612. This impairment charge relates to the Assurant
Solutions segment and is related to a fourth quarter 2010 client notification of non-renewal of a block of domestic service contract business effective June1, 2011.
Other intangible assets that have  nite lives, including customer relationships, customer contracts and other intangible assets, are amortized
over their useful lives.  e estimated amortization of other intangible assets and the amount of inde nite lived intangible assets, which mainly
include state licenses, are as follows:
Year Amount
2012 $ 51,968
2013 45,765
2014 41,074
2015 32,949
2016 28,388
ereafter 100,963
TOTAL OTHER INTANGIBLE ASSETS WITH FINITE LIVES 301,107
TOTAL OTHER INTANGIBLE ASSETS WITH INDEFINITE LIVES 2,725
TOTAL OTHER INTANGIBLE ASSETS $ 303,832
12. Reserves
e following table provides reserve information of the Companys major product lines at the dates shown:
December31, 2011 December31, 2010
Future Policy
Bene tsand
Expenses
Unearned
Premiums
Claims and Bene ts Payable
Future Policy
Bene tsand
Expenses
Unearned
Premiums
Claims and Bene ts Payable
Case Reserves
Incurred But
Not Reported
Reserves Case Reserves
Incurred But
Not Reported
Reserves
Long Duration Contracts:
Preneed funeral life insurance
policies and investment-
type annuity contracts $ 3,996,162 $ 120,067 $ 11,342 $ 7,555 $ 3,862,431 $ 78,986 $ 12,009 $ 4,085
Life insurance no longer
o ered 456,860 626 1,428 4,487 467,574 649 1,577 265
Universal life and other
products no longer o ered 229,726 132 988 6,534 246,177 197 272 8,727
FFG, LTC and other
disposed businesses 3,491,994 38,039 641,238 55,151 3,435,762 39,119 546,003 55,089
Medical 86,456 11,097 8,385 10,170 87,588 9,340 7,515 11,044
All other 8,145 249 16,708 6,928 5,621 324 18,465 5,115
Short Duration Contracts:
Group term life 4,277 211,910 37,797 4,550 209,514 36,486
Group disability 2,390 1,243,975 133,441 2,567 1,251,999 152,275
Medical 135,557 97,964 170,970 104,169 104,288 186,102
Dental 4,634 2,788 17,436 4,400 3,079 18,063
Property and warranty 2,041,190 199,829 370,814 1,887,759 168,952 349,479
Credit life and disability 286,631 50,645 59,949 307,430 61,808 69,644
Extended service contracts 2,498,403 2,425 37,398 2,363,836 2,855 40,373
All other 338,725 9,874 18,990 260,673 8,211 17,875
TOTAL $ 8,269,343 $ 5,482,017 $ 2,499,499 $ 937,620 $ 8,105,153 $ 5,063,999 $ 2,396,547 $ 954,622