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Consolidated Balance Sheets - USD ($)
$ in Thousands
Mar. 31, 2018
Dec. 31, 2017
Fixed maturities:    
Available for sale, at fair value (amortized cost: $1,281,954 and $1,243,144) $ 1,262,996 $ 1,241,437
Equity securities:    
At fair value (cost: $133,911 and $124,915) 133,911 140,229
Other invested assets 82,159 77,820
Total investments 1,479,066 1,459,486
Cash and cash equivalents 73,522 74,414
Premiums receivable, net 77,274 84,386
Reinsurance receivables, net 97,647 105,060
Funds held by ceding insurers 49,096 45,300
Federal income taxes receivable 10,157 10,332
Deferred federal income taxes 30,502 26,196
Deferred acquisition costs 61,425 61,647
Intangible assets 22,417 22,549
Goodwill 6,521 6,521
Prepaid reinsurance premiums 24,642 28,851
Receivable for securities sold   1,543
Other assets 31,445 75,384
Total assets 1,963,714 2,001,669
Liabilities:    
Unpaid losses and loss adjustment expenses 615,125 634,664
Unearned premiums 281,062 285,397
Ceded balances payable 11,928 10,851
Payable for securities purchased 10,729  
Contingent commissions 3,892 7,984
Debt 286,567 294,713
Other liabilities 50,659 49,666
Total liabilities 1,259,962 1,283,275
Commitments and contingencies (Note 9)
Shareholders' equity:    
Ordinary shares, $0.0001 par value, 900,000,000 ordinary shares authorized; A ordinary shares issued: 10,150,130 and 10,102,927 respectively; A ordinary shares outstanding: 10,075,346 and 10,073,376, respectively; B ordinary shares issued and outstanding: 4,133,366 and 4,133,366, respectively 2 2
Additional paid-incapital 435,066 434,730
Accumulated other comprehensive income, net of taxes (16,531) 8,983
Retained earnings 288,187 275,838
Total shareholders' equity 703,752 718,394
Total liabilities and shareholders' equity 1,963,714 2,001,669
Ordinary Shares A    
Shareholders' equity:    
A ordinary shares in treasury, at cost: 74,784 and 29,551 shares, respectively (2,972) (1,159)
Total shareholders' equity $ 1 $ 1