SEGMENT REPORTING

6 Months Ended

Jun. 30, 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 June 30								Six months ended June 30
	2020				2019				2020				2019
	($ in thousands)								($ in thousands)
Property
Commercial	$	3,065	2.6	%	$	2,934	1.9	%	$	6,030	2.7	%	$	6,664	2.1	%
Motor	6,812		5.9		19,256		12.7		15,045		6.6		39,439		12.5
Personal	3,674		3.1		3,263		2.1		6,635		2.9		6,156		2.0
Total Property	13,551		11.6		25,453		16.7		27,710		12.2		52,259		16.6
Casualty
General Liability	528		0.5		473		0.3		696		0.3		1,455		0.5
Motor Liability	25,655		22.0		71,072		46.7		55,050		24.3		150,315		47.7
Professional Liability	33		—		24		—		123		0.1		106		—
Workers' Compensation	28,605		24.5		11,615		7.6		38,929		17.2		21,044		6.7
Multi-line	19,973		17.1		25,343		16.6		41,559		18.4		46,092		14.6
Total Casualty	74,794		64.1		108,527		71.2		136,357		60.3		—		69.5
Other
Accident & Health	10,228		8.8		8,666		5.8		28,104		12.4		23,537		7.5
Financial	3,725		3.2		7,175		4.7		13,887		6.1		15,079		4.8
Marine	266		0.2		17		—		622		0.3		127		—
Other Specialty	14,125		12.1		2,502		1.6		19,796		8.7		4,886		1.6
Total Other	28,344		24.3		18,360		12.1		62,409		27.5		43,629		13.9
	$	116,689	100.0	%	$	152,340	100.0	%	$	226,476	100.0	%	$	314,900	100.0	%

Gross Premiums Written by Geographic Area of Risks Insured

	Three months ended June 30								Six months ended June 30
	2020				2019				2020				2019
	($ in thousands)								($ in thousands)
U.S. and Caribbean	$	94,663	81.1	%	$	130,637	85.8	%	$	180,713	79.8	%	$	268,288	85.1	%
Worldwide (1)	20,616		17.7		21,231		13.9		43,412		19.2		46,140		14.7
Europe	—		—		(13)		—		—		—		(13)		—
Asia	1,410		1.2		485		0.3		2,351		1.0		485		0.2
	$	116,689	100.0	%	$	152,340	100.0	%	$	226,476	100.0	%	$	314,900	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.