Consolidated Balance Sheets - USD ($)	Dec. 31, 2019	Dec. 31, 2018
ASSETS
Fixed maturity investments, at fair value (amortized cost $15,564,687 and $14,806,427)	$ 15,668,317	$ 14,588,080
Equity securities, at fair value (cost $10,889,683 and $12,145,120)	15,365,299	13,445,226
TOTAL INVESTMENTS	31,033,616	28,033,306
Cash and cash equivalents	6,589,810	5,498,914
Restricted cash and cash equivalents	1,169,805	472,132
Assumed reinsurance premiums receivable	5,695,847	2,651,863
Accrued investment income	104,935	88,569
Property and equipment (Note 5)	1,105,513	776,382
Deferred income taxes (Note 10)	2,564,000	2,730,000
Deferred policy acquisition costs	1,964,052	1,869,368
Prepaid expenses and other assets	2,019,622	1,981,913
TOTAL ASSETS	52,247,200	44,102,447
LIABILITIES
Unpaid losses and loss adjustment expenses (Note 6)	13,966,044	12,989,260
Unearned premiums	5,308,398	5,051,847
Assumed reinsurance payable	6,756,177	2,171,767
Accrued expenses and other liabilities	5,873,130	5,934,408
TOTAL LIABILITIES	31,903,749	26,147,282
COMMITMENTS AND CONTINGENCIES
SHAREHOLDERS’ EQUITY
Common shares, $1 par value, 2019 and 2018: 2,000,000 shares authorized, 995,253 issued and outstanding	995,253	995,253
Additional paid-in-capital	6,465,776	6,393,730
Retained earnings	21,842,409	19,725,581
Accumulated other comprehensive income (loss)	103,630	(218,348)
Shares held by Subsidiary (369,576 and 365,198 shares) at cost	(9,063,617)	(8,941,051)
TOTAL SHAREHOLDERS’ EQUITY	20,343,451	17,955,165
TOTAL LIABILITIES AND SHAREHOLDERS’ EQUITY	$ 52,247,200	$ 44,102,447