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Segment Information (Tables) | 6 Months Ended
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Jun. 30, 2015
Summary of Business Segment Information | The following are tabulations of business segment information for the quarters and six months ended June 30, 2015 and 2014.
Quarter Ended June 30, 2015: (Dollars in thousands) |  | Commercial Lines (1) |  |  | Personal Lines (1) |  |  | Reinsurance Operations (2) |  |  | Total |
Revenues: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Gross premiums written |  | $ | 59,033 |  |  | $ | 89,004 |  |  | $ | 18,478 |  |  | $ | 166,515 |
Net premiums written |  | $ | 54,700 |  |  | $ | 72,827 |  |  | $ | 18,478 |  |  | $ | 146,005 |
Net premiums earned |  | $ | 49,614 |  |  | $ | 65,918 |  |  | $ | 13,345 |  |  | $ | 128,877 |
Other income |  |  | 153 |  |  |  | 411 |  |  |  | 13 |  |  |  | 577 |
Total revenues |  |  | 49,767 |  |  |  | 66,329 |  |  |  | 13,358 |  |  |  | 129,454 |
Losses and Expenses: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Net losses and loss adjustment expenses |  |  | 30,039 |  |  |  | 45,180 |  |  |  | 4,341 |  |  |  | 79,560 |
Acquisition costs and other underwriting expenses |  |  | 20,008 | (3) |  |  | 26,065 | (4) |  |  | 4,853 |  |  |  | 50,926 |
Income (loss) from segments |  | $ | (280 | ) |  | $ | (4,916 | ) |  | $ | 4,164 |  |  | $ | (1,032 | )
Unallocated Items: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Net investment income |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 9,141 |
Net realized investment gains |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 6,532 |
Corporate and other operating expenses |  |  |  |  |  |  |  |  |  |  |  |  |  |  | (4,334 | )
Interest expense |  |  |  |  |  |  |  |  |  |  |  |  |  |  | (535 | )
Income before income taxes |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 9,772 |
Income tax benefit |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 1,345 |
Net income |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 11,117 |
Total assets |  | $ | 944,744 |  |  | $ | 554,302 |  |  | $ | 761,412 | (5) |  | $ | 2,260,458 |
(1) | Includes business ceded to the Company’s Reinsurance Operations.
(2) | External business only, excluding business assumed from affiliates.
(3) | Includes federal excise tax of $261 relating to cessions from Commercial Lines to Reinsurance Operations.
(4) | Includes federal excise tax of $330 relating to cessions from Personal Lines to Reinsurance Operations.
(5) | Comprised of Global Indemnity Reinsurance’s total assets less its investment in subsidiaries.
Quarter Ended June 30, 2014: (Dollars in thousands) |  | Commercial Lines (1) |  |  | Reinsurance Operations (2) |  |  | Total |
Revenues: |  |  |  |  |  |  |  |  |  |  |  |
Gross premiums written |  | $ | 60,556 |  |  | $ | 22,349 |  |  | $ | 82,905 |
Net premiums written |  | $ | 55,039 |  |  | $ | 21,333 |  |  | $ | 76,372 |
Net premiums earned |  | $ | 53,034 |  |  | $ | 12,983 |  |  | $ | 66,017 |
Other income (loss) |  |  | 160 |  |  |  | (5 | ) |  |  | 155 |
Total revenues |  |  | 53,194 |  |  |  | 12,978 |  |  |  | 66,172 |
Losses and Expenses: |  |  |  |  |  |  |  |  |  |  |  |
Net losses and loss adjustment expenses |  |  | 33,875 |  |  |  | 4,395 |  |  |  | 38,270 |
Acquisition costs and other underwriting expenses |  |  | 22,560 | (3) |  |  | 4,611 |  |  |  | 27,171 |
Income (loss) from segments |  | $ | (3,241 | ) |  | $ | 3,972 |  |  |  | 731 |
Unallocated Items: |  |  |  |  |  |  |  |  |  |  |  |
Net investment income |  |  |  |  |  |  |  |  |  |  | 7,677 |
Net realized investment gains |  |  |  |  |  |  |  |  |  |  | 39,881 |
Corporate and other operating expenses |  |  |  |  |  |  |  |  |  |  | (3,172 | )
Interest expense |  |  |  |  |  |  |  |  |  |  | (319 | )
Income before income taxes |  |  |  |  |  |  |  |  |  |  | 44,798 |
Income tax expense |  |  |  |  |  |  |  |  |  |  | (11,590 | )
Net income |  |  |  |  |  |  |  |  |  | $ | 33,208 |
Total assets |  | $ | 1,316,314 |  |  | $ | 661,373 | (4) |  | $ | 1,977,687 |
(1) | Includes business ceded to the Company’s Reinsurance Operations.
(2) | External business only, excluding business assumed from affiliates.
(3) | Includes federal excise tax of $281 relating to cessions from Commercial Lines to Reinsurance Operations.
(4) | Comprised of Global Indemnity Reinsurance’s total assets less its investment in subsidiaries.
Six Months Ended June 30, 2015: (Dollars in thousands) |  | Commercial Lines (1) |  |  | Personal Lines (1) |  |  | Reinsurance Operations (2) |  |  | Total |
Revenues: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Gross premiums written |  | $ | 108,826 |  |  | $ | 162,215 |  |  | $ | 38,343 |  |  | $ | 309,384 |
Net premiums written |  | $ | 100,322 |  |  | $ | 133,483 |  |  | $ | 38,304 |  |  | $ | 272,109 |
Net premiums earned |  | $ | 100,328 |  |  | $ | 129,340 |  |  | $ | 26,546 |  |  | $ | 256,214 |
Other income (loss) |  |  | 318 |  |  |  | 877 |  |  |  | (66 | ) |  |  | 1,129 |
Total revenues |  |  | 100,646 |  |  |  | 130,217 |  |  |  | 26,480 |  |  |  | 257,343 |
Losses and Expenses: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Net losses and loss adjustment expenses |  |  | 59,642 |  |  |  | 81,098 |  |  |  | 8,439 |  |  |  | 149,179 |
Acquisition costs and other underwriting expenses |  |  | 40,631 | (3) |  |  | 48,811 | (4) |  |  | 9,742 |  |  |  | 99,184 |
Income from segments |  | $ | 373 |  |  | $ | 308 |  |  | $ | 8,299 |  |  | $ | 8,980 |
Unallocated Items: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Net investment income |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 17,382 |
Net realized investment gains |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 3,562 |
Corporate and other operating expenses |  |  |  |  |  |  |  |  |  |  |  |  |  |  | (15,874 | )
Interest expense |  |  |  |  |  |  |  |  |  |  |  |  |  |  | (1,040 | )
Income before income taxes |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 13,010 |
Income tax benefit |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 4,901 |
Net income |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 17,911 |
Total assets |  | $ | 944,744 |  |  | $ | 554,302 |  |  | $ | 761,412 | (5) |  | $ | 2,260,458 |
(1) | Includes business ceded to the Company’s Reinsurance Operations.
(2) | External business only, excluding business assumed from affiliates.
(3) | Includes federal excise tax of $529 relating to cessions from Commercial Lines to Reinsurance Operations.
(4) | Includes federal excise tax of $647 relating to cessions from Personal Lines to Reinsurance Operations.
(5) | Comprised of Global Indemnity Reinsurance’s total assets less its investment in subsidiaries.
Six Months Ended June 30, 2014: (Dollars in thousands) |  | Commercial Lines (1) |  |  | Reinsurance Operations (2) |  |  | Total |
Revenues: |  |  |  |  |  |  |  |  |  |  |  |
Gross premiums written |  | $ | 113,548 |  |  | $ | 46,554 |  |  | $ | 160,102 |
Net premiums written |  | $ | 103,695 |  |  | $ | 45,538 |  |  | $ | 149,233 |
Net premiums earned |  | $ | 106,347 |  |  | $ | 27,214 |  |  | $ | 133,561 |
Other income (loss) |  |  | 326 |  |  |  | (3 | ) |  |  | 323 |
Total revenues |  |  | 106,673 |  |  |  | 27,211 |  |  |  | 133,884 |
Losses and Expenses: |  |  |  |  |  |  |  |  |  |  |  |
Net losses and loss adjustment expenses |  |  | 67,472 |  |  |  | 9,370 |  |  |  | 76,842 |
Acquisition costs and other underwriting expenses |  |  | 44,278 | (3) |  |  | 9,378 |  |  |  | 53,656 |
Income (loss) from segments |  | $ | (5,077 | ) |  | $ | 8,463 |  |  |  | 3,386 |
Unallocated Items: |  |  |  |  |  |  |  |  |  |  |  |
Net investment income |  |  |  |  |  |  |  |  |  |  | 15,961 |
Net realized investment gains |  |  |  |  |  |  |  |  |  |  | 39,068 |
Corporate and other operating expenses |  |  |  |  |  |  |  |  |  |  | (6,133 | )
Interest expense |  |  |  |  |  |  |  |  |  |  | (510 | )
Income before income taxes |  |  |  |  |  |  |  |  |  |  | 51,772 |
Income tax expense |  |  |  |  |  |  |  |  |  |  | (9,741 | )
Net income |  |  |  |  |  |  |  |  |  | $ | 42,031 |
Total assets |  | $ | 1,316,314 |  |  | $ | 661,373 | (4) |  | $ | 1,977,687 |
(1) | Includes business ceded to the Company’s Reinsurance Operations.
(2) | External business only, excluding business assumed from affiliates.
(3) | Includes federal excise tax of $561 relating to cessions from Commercial Lines to Reinsurance Operations.
(4) | Comprised of Global Indemnity Reinsurance’s total assets less its investment in subsidiaries.

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- Definition Tabular disclosure of the profit or loss and total assets for each reportable segment. An entity discloses certain information on each reportable segment if the amounts (a) are included in the measure of segment profit or loss reviewed by the chief operating decision maker or (b) are otherwise regularly provided to the chief operating decision maker, even if not included in that measure of segment profit or loss. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 30 -URI http://asc.fasb.org/extlink&oid=51669610&loc=d3e8906-108599 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 25 -URI http://asc.fasb.org/extlink&oid=51669610&loc=d3e8813-108599 Reference 3: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 21 -Subparagraph (b) -URI http://asc.fasb.org/extlink&oid=51669610&loc=d3e8721-108599 Reference 4: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 350 -SubTopic 20 -Section 50 -Paragraph 1 -URI http://asc.fasb.org/extlink&oid=35741047&loc=d3e13816-109267 Reference 5: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 22 -URI http://asc.fasb.org/extlink&oid=51669610&loc=d3e8736-108599 + Details
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