XML 60 R88.htm IDEA: XBRL DOCUMENT v3.19.3
Schedule of Condensed Consolidating Balance Sheets (Detail) - USD ($)
$ in Thousands
Sep. 30, 2019
Jun. 30, 2019
Dec. 31, 2018
Sep. 30, 2018
Jun. 30, 2018
Dec. 31, 2017
ASSETS            
Total investments $ 1,536,854   $ 1,410,655      
Cash and cash equivalents 78,181   99,497 $ 40,646   $ 74,414
Investments in subsidiaries 0   0      
Due from subsidiaries and affiliates 0   0      
Notes receivable – affiliate 0   0      
Interest receivable – affiliate 0   0      
Premiums receivable, net 112,992   87,679      
Reinsurance receivables, net 83,012   114,418      
Funds held by ceding insurers 48,751   49,206      
Federal income taxes receivable 11,136   10,866      
Deferred federal income taxes 36,479   48,589      
Deferred acquisition costs 70,861   61,676      
Intangible assets 21,623   22,020      
Goodwill 6,521   6,521      
Prepaid reinsurance premiums 17,763   20,594      
Receivable for securities sold 0   15      
Other assets 59,983   28,530      
Total assets 2,084,156   1,960,266 1,958,046    
Liabilities:            
Unpaid losses and loss adjustment expenses 633,287 $ 608,773 680,031 608,607 $ 613,670 634,664
Unearned premiums 316,797   281,912      
Ceded balances payable 36,431   14,994      
Payable for securities purchased 848   0      
Contingent commissions 10,035   10,636      
Debt 297,324   288,565      
Notes payable – affiliates 0   0      
Accrued interest payable – affiliates 0   0      
Other liabilities 82,050   55,069      
Total liabilities 1,376,772   1,331,207      
Shareholders’ equity            
Total shareholders’ equity 707,384   629,059 702,326    
Total liabilities and shareholders’ equity 2,084,156   1,960,266      
Global Indemnity Limited (Parent co-obligor) | Reportable Legal Entities            
ASSETS            
Total investments 47,732   55,377      
Cash and cash equivalents 3,604   2,221 102   11,089
Investments in subsidiaries 1,195,308   1,105,032      
Due from subsidiaries and affiliates 314   584      
Notes receivable – affiliate 0   0      
Interest receivable – affiliate 0   0      
Premiums receivable, net 0   0      
Reinsurance receivables, net 0   0      
Funds held by ceding insurers 0   0      
Federal income taxes receivable 0   0      
Deferred federal income taxes 0   0      
Deferred acquisition costs 0   0      
Intangible assets 0   0      
Goodwill 0   0      
Prepaid reinsurance premiums 0   0      
Receivable for securities sold 0   0      
Other assets 7,013   8,461      
Total assets 1,253,971   1,171,675      
Liabilities:            
Unpaid losses and loss adjustment expenses 0   0      
Unearned premiums 0   0      
Ceded balances payable 0   0      
Payable for securities purchased 0          
Contingent commissions 0   0      
Debt 0   0      
Notes payable – affiliates 520,498   520,498      
Accrued interest payable – affiliates 20,131   19,499      
Other liabilities 5,958   2,619      
Total liabilities 546,587   542,616      
Shareholders’ equity            
Total shareholders’ equity 707,384   629,059      
Total liabilities and shareholders’ equity 1,253,971   1,171,675      
Global Indemnity Group, Inc.(Subsidiary co-obligor) | Reportable Legal Entities            
ASSETS            
Total investments 255,817   233,479      
Cash and cash equivalents 22,966   26,039 1,904   7,749
Investments in subsidiaries 335,425   296,357      
Due from subsidiaries and affiliates (24,170)   (2,133)      
Notes receivable – affiliate 80,049   80,049      
Interest receivable – affiliate 4,731   3,869      
Premiums receivable, net 0   0      
Reinsurance receivables, net 0   0      
Funds held by ceding insurers 0   0      
Federal income taxes receivable 12,461   4,631      
Deferred federal income taxes 38,847   44,481      
Deferred acquisition costs 0   0      
Intangible assets 0   0      
Goodwill 0   0      
Prepaid reinsurance premiums 0   0      
Receivable for securities sold 59   0      
Other assets 14,770   5,085      
Total assets 740,955   691,857      
Liabilities:            
Unpaid losses and loss adjustment expenses 0   0      
Unearned premiums 0   0      
Ceded balances payable 0   0      
Payable for securities purchased 0          
Contingent commissions 0   0      
Debt 304,379   295,818      
Notes payable – affiliates 402,310   402,310      
Accrued interest payable – affiliates 0   0      
Other liabilities 19,002   13,651      
Total liabilities 725,691   711,779      
Shareholders’ equity            
Total shareholders’ equity 15,264   (19,922)      
Total liabilities and shareholders’ equity 740,955   691,857      
Other Global Indemnity Limited Subsidiaries and Eliminations (non-co-obligor subsidiaries)            
ASSETS            
Total investments [1] 1,233,305   1,121,799      
Cash and cash equivalents [1] 51,611   71,237 $ 38,640   $ 55,576
Investments in subsidiaries [1] 15,264   (19,922)      
Due from subsidiaries and affiliates [1] 23,856   1,549      
Notes receivable – affiliate [1] 847,808   847,808      
Interest receivable – affiliate [1] 17,258   17,425      
Premiums receivable, net [1] 112,992   87,679      
Reinsurance receivables, net [1] 83,012   114,418      
Funds held by ceding insurers [1] 48,751   49,206      
Federal income taxes receivable [1] (1,325)   6,235      
Deferred federal income taxes [1] (2,368)   4,108      
Deferred acquisition costs [1] 70,861   61,676      
Intangible assets [1] 21,623   22,020      
Goodwill [1] 6,521   6,521      
Prepaid reinsurance premiums [1] 17,763   20,594      
Receivable for securities sold [1] (59)   15      
Other assets [1] 45,255   22,237      
Total assets [1] 2,592,128   2,434,605      
Liabilities:            
Unpaid losses and loss adjustment expenses [1] 633,287   680,031      
Unearned premiums [1] 316,797   281,912      
Ceded balances payable [1] 36,431   14,994      
Payable for securities purchased [1] 848          
Contingent commissions [1] 10,035   10,636      
Debt [1] 0   0      
Notes payable – affiliates [1] 5,049   5,049      
Accrued interest payable – affiliates [1] 1,858   1,795      
Other liabilities [1] 57,090   38,799      
Total liabilities [1] 1,061,395   1,033,216      
Shareholders’ equity            
Total shareholders’ equity [1] 1,530,733   1,401,389      
Total liabilities and shareholders’ equity [1] 2,592,128   2,434,605      
Consolidation Adjustments            
ASSETS            
Total investments [2] 0   0      
Cash and cash equivalents [2] 0   0      
Investments in subsidiaries [2] (1,545,997)   (1,381,467)      
Due from subsidiaries and affiliates [2] 0   0      
Notes receivable – affiliate [2] (927,857)   (927,857)      
Interest receivable – affiliate [2] (21,989)   (21,294)      
Premiums receivable, net [2] 0   0      
Reinsurance receivables, net [2] 0   0      
Funds held by ceding insurers [2] 0   0      
Federal income taxes receivable [2] 0   0      
Deferred federal income taxes [2] 0   0      
Deferred acquisition costs [2] 0   0      
Intangible assets [2] 0   0      
Goodwill [2] 0   0      
Prepaid reinsurance premiums [2] 0   0      
Receivable for securities sold [2] 0   0      
Other assets [2] (7,055)   (7,253)      
Total assets [2] (2,502,898)   (2,337,871)      
Liabilities:            
Unpaid losses and loss adjustment expenses [2] 0   0      
Unearned premiums [2] 0   0      
Ceded balances payable [2] 0   0      
Payable for securities purchased [2] 0          
Contingent commissions [2] 0   0      
Debt [2] (7,055)   (7,253)      
Notes payable – affiliates [2] (927,857)   (927,857)      
Accrued interest payable – affiliates [2] (21,989)   (21,294)      
Other liabilities [2] 0   0      
Total liabilities [2] (956,901)   (956,404)      
Shareholders’ equity            
Total shareholders’ equity [2] (1,545,997)   (1,381,467)      
Total liabilities and shareholders’ equity [2] $ (2,502,898)   $ (2,337,871)      
[1] Includes all other subsidiaries of Global Indemnity Limited and eliminations
[2] Includes Parent co-obligor and subsidiary co-obligor consolidating adjustments