Statutory Accounting and Regulation (Tables)

6 Months Ended

Jun. 30, 2016

For the three and six month periods ended June 30, 2016 and 2015, UPC, FSIC, UPC Re and IIC recorded the following amounts of statutory net income (loss).



	Three Months Ended						Six Months Ended
	June 30, 2016			June 30, 2015			June 30, 2016			June 30, 2015
UPC	$	(8,152	)	$	(345	)	$	(9,324	)	$	(2,711	)
UPC Re	$	759		$	39		$	749		$	80
FSIC	$	87		$	(49	)	$	183		$	66
IIC	$	5,837		N/A⁽¹⁾			$	8,187		N/A⁽¹⁾

⁽¹⁾ There is not a reportable value for Interboro Insurance Company as of June 30, 2015 as we did not own the company

until April 2016.

The table below shows the amount of surplus as regards policyholders for our regulated entities at June 30, 2016 and December 31, 2015, respectively.



	June 30, 2016		December 31, 2015
UPC	$	130,464	$	135,288
UPC Re	$	7,727	$	728
FSIC	$	15,488	$	15,572
IIC	$	38,009	N/A⁽¹⁾

⁽¹⁾ There is not a reportable value for Interboro Insurance Company as of December 31, 2015

as we did not own the company until April 2016.

- Definition

Tabular disclosure of how the entity's reporting under GAAP as of the balance sheet date differs from the results based on prescribed and permitted accounting practices of the state or country of domicile in which a relevant statutory filing is made, or differences in results based on the National Association of Insurance Commissioners (NAIC) prescribed practices, or a combination thereof. Describes the accounting practices used and the related monetary effect on statutory surplus, net income, and risk-based capital. If an insurance enterprise's risk-based capital would have triggered a regulatory event had it not used a permitted practice, that fact is disclosed in the financial statements. Permitted statutory accounting practices include practices not prescribed but allowed by the domiciliary state insurance department regulatory authority.

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