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Leases (Tables)

12 Months Ended

Dec. 31, 2019

Leases [Abstract]

Components of Lease Expense



($ in thousands)		2019
Operating lease cost, included in Other insurance expenses on the Consolidated Statements of Income		$	8,808
Finance lease cost:
Amortization of assets, included in Other insurance expenses on the Consolidated Statements of Income		984
Interest on lease liabilities, included in Interest expense on the Consolidated Statements of Income		16
Total finance lease cost		1,000

Variable lease cost, included in Other insurance expenses on the Consolidated Statements of Income		48

Short-term lease cost, included in Other insurance expenses on the Consolidated Statements of Income		$	2,165

Supplemental Lease Information



		December 31, 2019
Weighted-average remaining lease term
Operating leases		6	years
Finance leases		2
Weighted-average discount rate
Operating leases		3.4	%
Finance leases¹		2.1

Lease Assets and Liabilities



($ in thousands)	December 31, 2019
Operating leases
Other assets	$	26,535
Other liabilities	27,506
Finance leases
Property and equipment - at cost, net of accumulated depreciation and amortization	731
Long-term debt	$	737

Maturities of Lease Liabilities



($ in thousands)		Finance Leases			Operating Leases		Total
Year ended December 31,
2020		$	451		8,244		8,695
2021		248			6,168		6,416
2022		54			4,590		4,644
2023		—			3,329		3,329
2024		—			2,920		2,920
Thereafter		—			8,638		8,638
Total lease payments		753			33,889		34,642
Less: imputed interest		16			2,995		3,011
Less: leases that have not yet commenced		—			3,388		3,388
Total lease liabilities		$	737		27,506		28,243

At December 31, 2018, the maturities of our lease liabilities for capital and operating leases were as follows:



($ in thousands)		Capital Leases			Operating Leases		Total
2019		$	728		7,762		8,490
2020		141			7,355		7,496
2021		22			5,083		5,105
2022		—			3,641		3,641
2023		—			2,900		2,900
Thereafter		—			9,698		9,698
Total minimum payment required		$	891		36,439		37,330