SEGMENT REPORTING (Tables)

9 Months Ended

Sep. 30, 2017

Segment Reporting [Abstract]

Gross Premiums Written by Line of Business

The following tables provide a breakdown of the Company’s gross premiums written by line of business and by geographic area of risks insured for the periods indicated: 

Gross Premiums Written by Line of Business^*

	Three months ended September 30								Nine months ended September 30
	2017				2016				2017				2016
	($ in thousands)								($ in thousands)
Property
Commercial	$	5,336	2.9	%	$	6,768	5.3	%	$	14,068	2.5	%	$	22,068	5.7	%
Motor	19,772		10.9		10,316		8.1		50,211		9.1		28,416		7.3
Personal	23,774		13.1		2,872		2.2		66,023		11.9		11,307		2.9
Total Property	48,882		26.9		19,956		15.6		130,302		23.5		61,791		15.9
Casualty
General Liability	8,003		4.4		5,252		4.1		25,955		4.7		23,824		6.2
Motor	59,981		33.0		61,226		47.8		215,780		39.0		161,938		41.8
Professional	10,072		5.6		4,822		3.8		37,407		6.7		27,237		7.0
Workers' Compensation	14,817		8.2		10,057		7.8		33,226		6.0		18,414		4.8
Total Casualty	92,873		51.2		81,357		63.5		312,368		56.4		231,413		59.8
Specialty
Accident & Health	22,608		12.4		11,322		8.8		57,387		10.4		44,891		11.6
Financial	13,737		7.6		11,387		8.9		38,771		7.0		31,184		8.1
Marine	1,427		0.8		2,109		1.6		5,743		1.0		7,925		2.0
Other	2,061		1.1		2,074		1.6		9,120		1.7		10,030		2.6
Total Specialty	39,833		21.9		26,892		20.9		111,021		20.1		94,030		24.3
	$	181,588	100.0	%	$	128,205	100.0	%	$	553,691	100.0	%	$	387,234	100.0	%

*During the year ended December 31, 2016, the Company revised its classification of the lines of business. As a result, the gross written premiums in the above table relating to certain lines of business previously reported for the three and nine months ended September 30, 2016 have been reclassified to conform to the current period presentation.

Gross Premiums Written by Geographic Area of Risks Insured

Gross Premiums Written by Geographic Area of Risks Insured

	Three months ended September 30								Nine months ended September 30
	2017				2016				2017				2016
	($ in thousands)								($ in thousands)
U.S. and Caribbean	$	160,173	88.2	%	$	111,926	87.3	%	$	483,945	87.4	%	$	304,187		78.6	%
Worldwide (1)	21,237		11.7		13,887		10.8		69,315		12.5		77,554			20.0
Europe	155		0.1		2,334		1.8		392		0.1		5,655			1.5
Asia (2)	23		—		58		0.1		39		—		(162		)	(0.1	)
	$	181,588	100.0	%	$	128,205	100.0	%	$	553,691	100.0	%	$	387,234		100.0	%

⁽¹⁾ “Worldwide” is comprised of contracts that reinsure risks in more than one geographic area and do not specifically exclude the U.S.

⁽²⁾ The negative balance represents reversal of premiums due to premium adjustments, termination of contracts or premium returned upon novation or commutation of contracts.