Condensed Consolidated Balance Sheets - USD ($) $ in Thousands	Jun. 30, 2022	Dec. 31, 2021
Invested assets:
Fixed maturity securities, available-for-sale, at fair value (amortized cost: 2022 – $1,728,217; 2021 – $1,643,865)	$ 1,597,695	$ 1,677,561
Equity securities, at fair value (cost: 2022 – $97,018; 2021 – $95,783)	98,653	108,410
Bank loan participations, at fair value	159,885	156,043
Short-term investments	130,435	136,563
Other invested assets	51,348	51,908
Total invested assets	2,038,016	2,130,485
Cash and cash equivalents	350,740	190,123
Restricted cash equivalents	102,099	102,005
Accrued investment income	11,834	11,037
Premiums receivable and agents’ balances, net	374,465	393,967
Reinsurance recoverable on unpaid losses, net	1,570,885	1,348,628
Reinsurance recoverable on paid losses	106,509	82,235
Prepaid reinsurance premiums	300,890	291,498
Deferred policy acquisition costs	60,651	68,526
Intangible assets, net	35,857	36,039
Goodwill	181,831	181,831
Other assets	131,498	112,176
Total assets	5,265,275	4,948,550
Liabilities:
Reserve for losses and loss adjustment expenses	2,730,631	2,748,473
Unearned premiums	723,062	727,552
Payables to reinsurers	155,645	135,617
Funds held	353,685	97,360
Senior debt	222,300	262,300
Junior subordinated debt	104,055	104,055
Accrued expenses	55,047	57,920
Other liabilities	181,566	89,911
Total liabilities	4,525,991	4,223,188
Commitments and contingent liabilities
Series A redeemable preferred shares – 2022 and 2021: $0.00125 par value; 20,000,000 shares authorized; 150,000 and no shares issued and outstanding, respectively	144,898	0
Shareholders’ equity:
Common shares – 2022 and 2021: $0.0002 par value; 200,000,000 shares authorized; 37,450,264 and 37,373,066 shares issued and outstanding, respectively	7	7
Additional paid-in capital	865,081	862,040
Retained deficit	(156,109)	(166,663)
Accumulated other comprehensive (loss) income	(114,593)	29,978
Total shareholders’ equity	594,386	725,362
Total liabilities, Series A redeemable preferred shares, and shareholders’ equity	$ 5,265,275	$ 4,948,550