Condensed Consolidated Balance Sheets - USD ($) $ in Thousands	Jun. 30, 2023	Dec. 31, 2022
Invested assets:
Fixed maturity securities, available-for-sale, at fair value (amortized cost: 2023 – $2,046,249; 2022 – $1,969,783)	$ 1,875,695	$ 1,783,417
Equity securities, at fair value (cost: 2023 – $117,920; 2022 – $117,169)	118,116	118,627
Bank loan participations, at fair value	143,762	154,991
Short-term investments	22,128	107,812
Other invested assets	27,415	27,447
Total invested assets	2,187,116	2,192,294
Cash and cash equivalents	227,239	173,164
Restricted cash equivalents	105,502	103,215
Accrued investment income	16,805	14,418
Premiums receivable and agents’ balances, net	364,842	340,525
Reinsurance recoverable on unpaid losses, net	1,545,736	1,520,113
Reinsurance recoverable on paid losses	181,956	114,242
Prepaid reinsurance premiums	279,507	274,165
Deferred policy acquisition costs	51,668	59,603
Intangible assets, net	35,494	35,676
Goodwill	181,831	181,831
Other assets	118,174	127,829
Total assets	5,295,870	5,137,075
Liabilities:
Reserve for losses and loss adjustment expenses	2,885,379	2,768,995
Unearned premiums	665,189	676,016
Payables to reinsurers	170,004	123,502
Funds held	275,331	310,953
Deferred reinsurance gain	37,572	20,091
Senior debt	222,300	222,300
Junior subordinated debt	104,055	104,055
Accrued expenses	52,507	59,566
Other liabilities	142,712	152,933
Total liabilities	4,555,049	4,438,411
Commitments and contingent liabilities
Series A redeemable preferred shares – 2023 and 2022: $0.00125 par value; 20,000,000 shares authorized; 150,000 shares issued and outstanding	144,898	144,898
Shareholders’ equity:
Common shares – 2023 and 2022: $0.0002 par value; 200,000,000 shares authorized; 37,619,226 and 37,470,237 shares issued and outstanding, respectively	7	7
Additional paid-in capital	872,359	868,858
Retained deficit	(127,844)	(152,055)
Accumulated other comprehensive loss	(148,599)	(163,044)
Total shareholders’ equity	595,923	553,766
Total liabilities, Series A redeemable preferred shares, and shareholders’ equity	$ 5,295,870	$ 5,137,075