Junior Subordinated Debentures (Tables)

6 Months Ended

Jun. 30, 2017

Junior Subordinated Debentures [Member]

Schedule of Junior Subordinated Debentures

A summary of our outstanding junior subordinated debentures is presented below:

(in millions)
Issue Date	Trust Preferred Pools	Maturity	Rate Structure	Interest Rate at June 30, 2017		Amount
Argo Group
05/15/2003	PXRE Capital Statutory Trust II	05/15/2033	3M LIBOR + 4.10%		5.28%	$	18.1
11/06/2003	PXRE Capital Trust VI	09/30/2033	3M LIBOR + 3.90%		5.20%		10.3
Argo Group US
05/15/2003	Argonaut Group Statutory Trust I	05/15/2033	3M LIBOR + 4.10%		5.28%		15.5
12/16/2003	Argonaut Group Statutory Trust III	01/08/2034	3M LIBOR + 4.10%		5.26%		12.3
04/29/2004	Argonaut Group Statutory Trust IV	04/29/2034	3M LIBOR + 3.85%		5.03%		13.4
05/26/2004	Argonaut Group Statutory Trust V	05/24/2034	3M LIBOR + 3.85%		5.04%		12.3
05/12/2004	Argonaut Group Statutory Trust VI	05/12/2034	3M LIBOR + 3.80%		5.07%		13.4
09/17/2004	Argonaut Group Statutory Trust VII	12/15/2034	3M LIBOR + 3.60%		4.85%		15.5
09/22/2004	Argonaut Group Statutory Trust VIII	09/22/2034	3M LIBOR + 3.55%		4.84%		15.5
10/22/2004	Argonaut Group Statutory Trust IX	12/15/2034	3M LIBOR + 3.60%		4.85%		15.5
09/15/2005	Argonaut Group Statutory Trust X	09/15/2035	3M LIBOR + 3.40%		4.65%		30.9
	Total Outstanding					$	172.7

(in millions)
Issue Date	Trust Preferred Pools	Maturity	Rate Structure	Interest Rate at December 31, 2016		Amount
Argo Group
05/15/2003	PXRE Capital Statutory Trust II	05/15/2033	3M LIBOR + 4.10%		5.00%	$	18.1
11/06/2003	PXRE Capital Trust VI	09/30/2033	3M LIBOR + 3.90%		4.90%		10.3
Argo Group US
05/15/2003	Argonaut Group Statutory Trust I	05/15/2033	3M LIBOR + 4.10%		5.00%		15.5
12/16/2003	Argonaut Group Statutory Trust III	01/08/2034	3M LIBOR + 4.10%		4.98%		12.3
04/29/2004	Argonaut Group Statutory Trust IV	04/29/2034	3M LIBOR + 3.85%		4.76%		13.4
05/26/2004	Argonaut Group Statutory Trust V	05/24/2034	3M LIBOR + 3.85%		4.77%		12.3
05/12/2004	Argonaut Group Statutory Trust VI	05/12/2034	3M LIBOR + 3.80%		4.79%		13.4
09/17/2004	Argonaut Group Statutory Trust VII	12/15/2034	3M LIBOR + 3.60%		4.56%		15.5
09/22/2004	Argonaut Group Statutory Trust VIII	09/22/2034	3M LIBOR + 3.55%		4.55%		15.5
10/22/2004	Argonaut Group Statutory Trust IX	12/15/2034	3M LIBOR + 3.60%		4.56%		15.5
09/15/2005	Argonaut Group Statutory Trust X	09/15/2035	3M LIBOR + 3.40%		4.36%		30.9
	Total Outstanding					$	172.7

Maybrooke Junior Subordinated Debentures [Member]

Schedule of Junior Subordinated Debentures

A summary of the terms of the Maybrooke debt outstanding at June 30, 2017 is presented below:

(in millions)
Issue Date	Maturity	Rate Structure	Interest Rate at June 30, 2017		Principal at June 30, 2017		Carrying Value at June 30, 2017
9/15/2007	9/15/2037	3 month LIBOR + 3.15%		4.40%	$	91.8	$	83.7