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Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2016
Dec. 31, 2015
Dec. 31, 2014
Cash flows from operating activities:      
Net income $ 49,868 $ 41,469 $ 62,856
Adjustments to reconcile net income to net cash provided by (used for) operating activities:      
Amortization of the value of business acquired 0 25,500 0
Amortization and depreciation 6,312 5,284 3,466
Amortization of debt issuance costs 123 47  
Restricted stock and stock option expense 3,531 10,271 2,900
Deferred federal income taxes (2,727) (7,201) (828)
Amortization of bond premium and discount, net 9,828 13,643 9,103
Net realized investment (gains) losses (21,721) 3,374 (35,860)
Equity in the earnings of equity method limited liability investments (5,190) (2,533) 0
Gain on the disposition of subsidiary (6,857)    
Changes in:      
Premiums receivable, net (2,849) 25,325 (6,698)
Reinsurance receivables, net (28,180) 23,966 72,169
Funds held by ceding insurers 2,923 9,147 (6,514)
Unpaid losses and loss adjustment expenses (29,005) (84,914) (103,994)
Unearned premiums 699 (6,764) 4,186
Ceded balances payable 10,086 (11,430) (2,377)
Other assets and liabilities, net (15,065) (6,070) (3,398)
Contingent commissions (1,615) (6,264) 308
Federal income tax receivable/payable 5,047 (1,689) (4,734)
Deferred acquisition costs, net (1,384) (31,279) (3,061)
Prepaid reinsurance premiums 1,780 3,868 474
Net cash provided by (used for) operating activities (24,396) 3,750 (12,002)
Cash flows from investing activities:      
Cash release from escrow for business acquisition   113,696  
Acquisition of business, net of cash acquired   (92,336)  
Proceeds from sale of fixed maturities 381,389 647,404 415,739
Proceeds from sale of equity securities 111,156 39,723 191,765
Proceeds from sale of preferred stock   1,540  
Proceeds from maturity of fixed maturities 86,009 157,845 108,556
Proceeds from limited partnership distribution 9,450 5,959  
Proceeds from sale of other invested assets     12
Proceeds from disposition of subsidiary, net of cash and cash equivalents disposed of $1,269 16,922    
Cash deposited in escrow for purchase of American Reliable     (113,696)
Amount paid in connection with derivatives (1,010) (6,604) (20,550)
Purchases of fixed maturities (437,690) (627,983) (615,867)
Purchases of equity securities (109,940) (38,451) (45,077)
Purchases of other invested assets (14,125) (3,550) (30,120)
Net cash provided by (used for) investing activities 42,161 197,243 (109,238)
Cash flows from financing activities:      
Net borrowings (repayments) under margin borrowing facilities (9,000) (99,027) 74,673
Redemption of ordinary shares   (189,770)  
Proceeds from issuance of subordinated notes   100,000  
Debt issuance cost (14) (3,659)  
Purchases of A ordinary shares (805) (333) (139)
Tax benefit on share-based compensation expense 127 10 37
Net cash provided by (used for) financing activities (9,692) (192,779) 74,571
Net change in cash and cash equivalents 8,073 8,214 (46,669)
Cash and cash equivalents at beginning of period 67,037 58,823 105,492
Cash and cash equivalents at end of period $ 75,110 $ 67,037 $ 58,823