Condensed Consolidated Balance Sheets - USD ($) $ in Thousands	Sep. 30, 2015	Dec. 31, 2014
Fixed maturity securities:
Available-for-sale, at fair value (amortized cost: 2015 - $878,724; 2014 - $737,916)	$ 888,480	$ 756,963
Trading, at fair value (amortized cost: 2015 - $1,249; 2014 - $7,324)	1,251	7,388
Equity securities available-for-sale, at fair value (cost: 2015 - $72,346; 2014 - $64,348)	74,453	67,905
Bank loan participations held-for-investment, at amortized cost, net of allowance	213,625	239,511
Short-term investments	50,225	131,856
Other invested assets	74,301	33,622
Total invested assets	1,302,335	1,237,245
Cash and cash equivalents	76,561	73,383
Accrued investment income	8,281	7,273
Premiums receivable and agents' balances, net	197,962	162,527
Reinsurance recoverable on unpaid losses	133,273	127,254
Reinsurance recoverable on paid losses	5,835	1,725
Prepaid reinsurance premiums	37,709	29,445
Deferred policy acquisition costs	72,673	60,202
Intangible assets, net	39,678	40,125
Goodwill	181,831	181,831
Other assets	39,977	38,282
Total assets	2,096,115	1,959,292
Liabilities:
Reserve for losses and loss adjustment expenses	779,009	716,296
Unearned premiums	329,867	277,579
Payables to reinsurers	20,566	19,272
Senior debt	88,300	88,300
Junior subordinated debt	104,055	104,055
Accrued expenses	29,250	31,107
Other liabilities	37,652	34,762
Total liabilities	$ 1,388,699	$ 1,271,371
Commitments and contingent liabilities
Shareholders' equity:
Common Shares - 2015 and 2014: $0.0002 par value; 200,000,000 shares authorized; 2015 and 2014: 28,769,487 and 28,540,350 shares issued and outstanding, respectively	$ 6	$ 6
Preferred Shares - 2015 and 2014: $0.00125 par value; 20,000,000 convertible shares authorized; no shares issued and outstanding
Additional paid-in capital	$ 630,272	$ 628,236
Retained earnings	68,252	41,323
Accumulated other comprehensive income	8,886	18,356
Total shareholders' equity	707,416	687,921
Total liabilities and shareholders' equity	$ 2,096,115	$ 1,959,292