SEGMENT REPORTING

3 Months Ended

Mar. 31, 2020

Segment Reporting [Abstract]

SEGMENT REPORTING

SEGMENT REPORTING

The Company manages its business on the basis of one operating segment, Property & Casualty Reinsurance. 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 March 31
	2020				2019
	($ in thousands)
Property
Commercial	$	2,965	2.7	%	$	3,730	2.3	%
Motor	8,233		7.5		20,183		12.4
Personal	2,961		2.7		2,893		1.8
Total Property	14,159		12.9		26,806		16.5
Casualty
General Liability	168		0.1		982		0.6
Motor Liability	29,395		26.8		79,243		48.7
Professional Liability	90		0.1		82		0.1
Workers' Compensation	10,324		9.4		9,429		5.8
Multi-line	21,586		19.6		20,749		12.8
Total Casualty	61,563		56.0		110,485		68.0
Other
Accident & Health	17,876		16.3		14,871		9.1
Financial	10,162		9.3		7,904		4.9
Marine	356		0.3		110		0.1
Other Specialty	5,671		5.2		2,384		1.5
Total Other	34,065		31.1		25,269		15.5
	$	109,787	100.0	%	$	162,560	100.0	%

Gross Premiums Written by Geographic Area of Risks Insured

	Three months ended March 31
	2020				2019
	($ in thousands)
U.S. and Caribbean	$	86,050	78.4	%	$	137,651	84.7	%
Worldwide (1)	22,796		20.7		24,909		15.3
Asia	941		0.9		—		—
	$	109,787	100.0	%	$	162,560	100.0	%

⁽¹⁾ “Worldwide” is composed of contracts that reinsure risks in more than one geographic area and may include risks in the U.S.