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Consolidated Balance Sheets - USD ($)
$ in Thousands
Dec. 31, 2016
Dec. 31, 2015
Fixed maturities:    
Available for sale, at fair value (amortized cost: $1,241,339 and $1,308,333) $ 1,240,031 $ 1,306,149
Equity securities:    
Available for sale, at fair value (cost: $119,515 and $100,157) 120,557 110,315
Other invested assets 66,121 32,592
Total investments 1,426,709 1,449,056
Cash and cash equivalents 75,110 67,037
Premiums receivable, net 92,094 89,245
Reinsurance receivables, net 143,774 115,594
Funds held by ceding insurers 13,114 16,037
Federal income taxes receivable   4,828
Deferred federal income taxes 40,957 34,687
Deferred acquisition costs 57,901 56,517
Intangible assets 23,079 23,607
Goodwill 6,521 6,521
Prepaid reinsurance premiums 42,583 44,363
Receivable for securities sold   172
Other assets 51,104 49,630
Total assets 1,972,946 1,957,294
Liabilities:    
Unpaid losses and loss adjustment expenses 651,042 680,047
Unearned premiums 286,984 286,285
Federal income taxes payable 219  
Ceded balances payable 14,675 4,589
Payable for securities purchased 3,717  
Contingent commissions 9,454 11,069
Debt 163,143 172,034
Other liabilities 45,761 53,344
Total liabilities 1,174,995 1,207,368
Commitments and contingencies (Note 15)
Shareholders' equity:    
Ordinary shares, $0.0001 par value, 900,000,000 ordinary shares authorized; A ordinary shares issued: 13,436,548 and 16,424,546, respectively; A ordinary shares outstanding: 13,436,548 and 13,313,751, respectively; B ordinary shares issued and outstanding: 4,133,366 and 4,133,366, respectively 2 3
Additional paid-in capital 430,283 529,872
Accumulated other comprehensive income, net of taxes (618) 4,078
Retained earnings 368,284 318,416
Total shareholders' equity 797,951 749,926
Total liabilities and shareholders' equity 1,972,946 1,957,294
Ordinary Shares A    
Shareholders' equity:    
A ordinary shares in treasury, at cost: 0 and 3,110,795 shares, respectively   (102,443)
Total shareholders' equity $ 1 $ 2