XML 102 R91.htm IDEA: XBRL DOCUMENT v3.20.2
Schedule of Condensed Consolidating Statements of Cash Flows (Detail) - USD ($)
$ in Thousands
9 Months Ended
Sep. 30, 2020
Sep. 30, 2019
Cash flows from operating activities:    
Net cash provided by (used for) operating activities $ 33,936 $ 45,930
Cash flows from investing activities:    
Proceeds from sale of fixed maturities 600,962 642,049
Proceeds from sale of equity securities 563,926 206,212
Proceeds from maturity of fixed maturities 89,875 113,480
Proceeds from other invested assets 1,823 14,201
Amounts paid in connection with derivatives (20,130) (12,516)
Purchases of fixed maturities (702,727) (701,684)
Purchases of equity securities (393,963) (325,972)
Purchases of other invested assets (297) (3,500)
Net cash provided by (used for) investing activities 139,469 (67,730)
Cash flows from financing activities:    
Net borrowings (repayments) under margin borrowing facility (73,629) 8,561
Proceeds (repayment) of note to affiliates 0  
Dividends paid to shareholders (10,683) (7,130)
Issuance of series A cumulative fixed rate preferred shares 4,000 0
Dividends from subsidiaries 0  
Capital contribution 0  
Purchases of class A common shares (153) (947)
Redemption of subordinated notes (100,000) 0
Net cash provided by (used for) financing activities (180,465) 484
Net change in cash and cash equivalents (7,060) (21,316)
Cash and cash equivalents at beginning of period 44,271 99,497
Cash and cash equivalents at end of period 37,211 78,181
Global Indemnity Group, LLC (Parent co-obligor) | Reportable Legal Entities    
Cash flows from operating activities:    
Net cash provided by (used for) operating activities (10,423) [1] 1,718
Cash flows from investing activities:    
Proceeds from sale of fixed maturities 18,451 [1] 48,393
Proceeds from sale of equity securities 103,002 [1] 7,300
Proceeds from maturity of fixed maturities 280 [1] 0
Proceeds from other invested assets 1,700 [1] 3,161
Amounts paid in connection with derivatives 0 [1] 0
Purchases of fixed maturities (185,692) [1] (10,548)
Purchases of equity securities (107,228) [1] (40,564)
Purchases of other invested assets 0 [1] 0
Net cash provided by (used for) investing activities (169,487) [1] 7,742
Cash flows from financing activities:    
Net borrowings (repayments) under margin borrowing facility 0 [1] 0
Proceeds (repayment) of note to affiliates [1] 0  
Dividends paid to shareholders (10,683) [1] (7,130)
Issuance of series A cumulative fixed rate preferred shares [1] 4,000  
Dividends from subsidiaries [1] 226,000  
Capital contribution [1] (26,466)  
Purchases of class A common shares (153) [1] (947)
Redemption of subordinated notes [1] 0  
Net cash provided by (used for) financing activities 192,698 [1] (8,077)
Net change in cash and cash equivalents 12,788 [1] 1,383
Cash and cash equivalents at beginning of period 977 [1] 2,221
Cash and cash equivalents at end of period 13,765 [1] 3,604
GBLI Holdings, LLC (Subsidiary co-obligor) | Reportable Legal Entities    
Cash flows from operating activities:    
Net cash provided by (used for) operating activities 1,526 2,593
Cash flows from investing activities:    
Proceeds from sale of fixed maturities 36,898 101,525
Proceeds from sale of equity securities 460,924 198,912
Proceeds from maturity of fixed maturities 0 0
Proceeds from other invested assets 123 11,040
Amounts paid in connection with derivatives (20,130) (12,516)
Purchases of fixed maturities (50,283) (24,280)
Purchases of equity securities (286,735) (285,408)
Purchases of other invested assets (297) (3,500)
Net cash provided by (used for) investing activities 140,500 (14,227)
Cash flows from financing activities:    
Net borrowings (repayments) under margin borrowing facility (73,629) 8,561
Proceeds (repayment) of note to affiliates 5,049  
Dividends paid to shareholders 0 0
Capital contribution 26,466  
Purchases of class A common shares 0 0
Redemption of subordinated notes (100,000)  
Net cash provided by (used for) financing activities (142,114) 8,561
Net change in cash and cash equivalents (88) (3,073)
Cash and cash equivalents at beginning of period 2,663 26,039
Cash and cash equivalents at end of period 2,575 22,966
Other Global Indemnity Group, LLC Subsidiaries and Eliminations (non-co-obligor subsidiaries)    
Cash flows from operating activities:    
Net cash provided by (used for) operating activities 42,833 [2] 41,619 [3]
Cash flows from investing activities:    
Proceeds from sale of fixed maturities 545,613 [2] 492,131 [3]
Proceeds from sale of equity securities 0 [2] 0 [3]
Proceeds from maturity of fixed maturities 89,595 [2] 113,480 [3]
Proceeds from other invested assets 0 [2] 0 [3]
Amounts paid in connection with derivatives 0 [2] 0 [3]
Purchases of fixed maturities (466,752) [2] (666,856) [3]
Purchases of equity securities 0 [2] 0 [3]
Purchases of other invested assets 0 [2] 0 [3]
Net cash provided by (used for) investing activities 168,456 [2] (61,245) [3]
Cash flows from financing activities:    
Net borrowings (repayments) under margin borrowing facility 0 [2] 0 [3]
Proceeds (repayment) of note to affiliates [2] (5,049)  
Dividends paid to shareholders 0 [2] 0 [3]
Issuance of series A cumulative fixed rate preferred shares [2] 0  
Dividends from subsidiaries [2] (226,000)  
Capital contribution [2] 0  
Purchases of class A common shares 0 [2] 0 [3]
Redemption of subordinated notes [2] 0  
Net cash provided by (used for) financing activities (231,049) [2] 0 [3]
Net change in cash and cash equivalents (19,760) [2] (19,626) [3]
Cash and cash equivalents at beginning of period [3] 40,631 [2] 71,237
Cash and cash equivalents at end of period $ 20,871 [2] $ 51,611 [3]
[1] Includes activity for Global Indemnity Limited from January 1, 2020 to August 27, 2020 and activity for Global Indemnity Group, LLC from August 28, 2020 to September 30, 2020
[2] Includes all other subsidiaries of Global Indemnity Group, LLC and eliminations
[3] Includes all other subsidiaries of Global Indemnity Limited and eliminations