Consolidated Balance Sheets - USD ($)	Dec. 31, 2021	Dec. 31, 2020
ASSETS
Fixed maturity investments, at fair value (amortized cost $0 and $19,761,231)	$ 0	$ 20,344,127
TOTAL INVESTMENTS		20,344,127
Cash and cash equivalents	3,477,714	5,732,110
Restricted cash and cash equivalents	0	4,964,126
Assumed reinsurance premiums receivable	0	2,221,664
Accrued investment income	0	147,975
Property and equipment (Note 5)	898,560	1,098,420
Deferred income taxes (Note 6)	1,059,000	1,614,000
Deferred policy acquisition costs	0	724,509
Prepaid expenses and other assets (Note 7)	1,091,815	1,476,187
TOTAL ASSETS	6,527,089	38,323,118
LIABILITIES
Unpaid losses and loss adjustment expenses (Note 8)	0	20,936,677
Unearned premiums	0	4,622,666
Assumed reinsurance payable	0	3,175,098
Accrued expenses and other liabilities (Note 9)	2,860,876	3,689,620
TOTAL LIABILITIES	2,860,876	32,424,061
COMMITMENTS AND CONTINGENCIES
SHAREHOLDERS’ EQUITY
Common shares, $1 par value, 2021 and 2020: 2,000,000 shares authorized, 995,253 issued and outstanding	995,253	995,253
Additional paid-in-capital	6,287,293	6,287,293
Retained earnings	5,656,163	7,250,194
Accumulated other comprehensive income (loss)	0	582,896
Shares held by Subsidiary (375,861 and 374,141 shares) at cost	(9,272,496)	(9,216,579)
TOTAL SHAREHOLDERS’ EQUITY	3,666,213	5,899,057
TOTAL LIABILITIES AND SHAREHOLDERS’ EQUITY	$ 6,527,089	$ 38,323,118