SEGMENT REPORTING (Tables)

12 Months Ended

Dec. 31, 2017

Gross premiums written by brokers greater than 10% of premiums

The following table sets forth the premiums sourced from brokers who each accounted for more than 10% of the Company’s gross written premiums:



	Year ended December 31
	2017				2016				2015
	($ in thousands)
Largest broker	$	366,390	52.9	%	$	274,816	51.3	%	$	278,003	55.4	%
2nd largest broker	125,320		18.1		104,684		19.5		110,246		22.0
	$	491,710	71.0	%	$	379,500	70.8	%	$	388,249	77.4	%

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



	Year ended December 31
	2017				2016				2015
	($ in thousands)
Property
Commercial	$	18,388	2.7	%	$	16,180	3.0	%	$	15,633	3.1	%
Motor	73,481		10.6		39,551		7.4		34,529		6.9
Personal	50,045		7.2		47,893		8.9		57,495		11.5
Total Property	141,914		20.5		103,624		19.3		107,657		21.5
Casualty
General Liability	33,519		4.8		34,450		6.4		27,620		5.5
Motor	287,749		41.5		227,030		42.4		203,624		40.6
Professional	44,910		6.5		37,847		7.1		65,607		13.1
Workers' Compensation	47,761		6.9		25,456		4.7		12,646		2.5
Total Casualty	413,939		59.7		324,783		60.6		309,497		61.7
Specialty
Accident & Health	69,803		10.1		52,114		9.7		56,784		11.3
Financial	48,448		7.0		34,658		6.5		6,699		1.3
Marine	6,574		1.0		9,127		1.7		9,283		1.8
Other	11,973		1.7		11,766		2.2		12,204		2.4
Total Specialty	136,798		19.8		107,665		20.1		84,970		16.8
	$	692,651	100.0	%	$	536,072	100.0	%	$	502,124	100.0	%

Gross Premiums Written by Geographic Area of Risks Insured



	Year ended December 31
	2017					2016					2015
	($ in thousands)
U.S. and Caribbean	$	606,510		87.6	%	$	432,144		80.6	%	$	383,236	76.3	%
Worldwide ⁽¹⁾	86,714			12.5		97,810			18.2		104,336		20.8
Europe ⁽²⁾	(612		)	(0.1	)	6,250			1.2		14,085		2.8
Asia ⁽²⁾	39			—		(132		)	—		467		0.1
	$	692,651		100.0	%	$	536,072		100.0	%	$	502,124	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.

^[1]

[1]	The negative balance represents reversal of premiums due to premium adjustments, termination of contracts or premium returned upon novation or commutation of contracts.