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Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
 3 Months Ended
Mar. 31, 2018
Mar. 31, 2017
Cash flows from operating activities:    
Net income $ 5,701 $ 12,282
Adjustments to reconcile net income to net cash used for operating activities:    
Amortization and depreciation 1,791 1,553
Amortization of debt issuance costs 66 34
Restricted stock and stock option expense 336 1,121
Deferred federal income taxes (1,998) (3,098)
Amortization of bond premium and discount, net 1,543 2,451
Net realized investment gains (losses) 316 (775)
Changes in:    
Premiums receivable, net 7,112 11,367
Reinsurance receivables, net 7,413 37,342
Funds held by ceding insurers (4,168) (18,651)
Unpaid losses and loss adjustment expenses (19,539) (28,954)
Unearned premiums (4,335) (11,100)
Ceded balances payable 1,077 (7,125)
Other assets and liabilities, net 45,398 (13,435)
Contingent commissions (4,092) (5,901)
Federal income tax receivable/payable 175 1
Deferred acquisition costs, net 222 (189)
Prepaid reinsurance premiums 4,209 9,475
Net cash provided by (used for) operating activities 41,227 (13,602)
Cash flows from investing activities:    
Proceeds from sale of fixed maturities 47,148 139,350
Proceeds from sale of equity securities 9,283 5,626
Proceeds from maturity of fixed maturities 18,281 14,418
Proceeds from limited partnerships 2,711 1,908
Amounts received in connection with derivatives 5,490 114
Purchases of fixed maturities (93,603) (219,345)
Purchases of equity securities (7,340) (8,176)
Purchases of other invested assets (7,050)  
Acquisition of business (3,515)  
Net cash used for investing activities (28,595) (66,105)
Cash flows from financing activities:    
Net borrowings (repayments) under margin borrowing facility (8,212) 7,497
Proceeds from issuance of subordinated notes   130,000
Debt issuance cost   (4,220)
Dividends paid to shareholders (3,499)  
Purchase of A ordinary shares (1,813) (1,137)
Net cash provided by (used for) financing activities (13,524) 132,140
Net change in cash and cash equivalents (892) 52,433
Cash and cash equivalents at beginning of period 74,414 75,110
Cash and cash equivalents at end of period $ 73,522 $ 127,543