Condensed Consolidated Balance Sheets - USD ($) $ in Thousands	Jun. 30, 2017	Dec. 31, 2016
Fixed maturity securities:
Available-for-sale, at fair value (amortized cost: 2017 – $972,856; 2016 – $940,212)	$ 982,133	$ 941,077
Trading, at fair value (amortized cost: 2017 – $3,802; 2016 – $5,052)	3,814	5,063
Equity securities available-for-sale, at fair value (cost: 2017 – $74,508; 2016 – $74,553)	81,357	76,401
Bank loan participations held-for-investment, at amortized cost, net of allowance	241,516	203,526
Short-term investments	41,348	50,844
Other invested assets	65,481	55,419
Total invested assets	1,415,649	1,332,330
Cash and cash equivalents	87,771	109,784
Accrued investment income	6,802	7,246
Premiums receivable and agents’ balances, net	329,519	265,315
Reinsurance recoverable on unpaid losses	221,553	182,737
Reinsurance recoverable on paid losses	8,422	2,877
Prepaid reinsurance premiums	95,722	90,147
Deferred policy acquisition costs	69,382	64,789
Intangible assets, net	38,633	38,931
Goodwill	181,831	181,831
Other assets	76,769	70,546
Total assets	2,532,053	2,346,533
Liabilities:
Reserve for losses and loss adjustment expenses	1,061,061	943,865
Unearned premiums	420,997	390,563
Payables to reinsurers	50,799	39,899
Senior debt	88,300	88,300
Junior subordinated debt	104,055	104,055
Accrued expenses	35,123	36,884
Other liabilities	51,999	49,746
Total liabilities	1,812,334	1,653,312
Commitments and contingent liabilities
Shareholders’ equity:
Common Shares – 2017 and 2016: $0.0002 par value; 200,000,000 shares authorized; 29,467,647 and 29,257,566 shares issued and outstanding, respectively	6	6
Preferred Shares – 2017 and 2016: $0.00125 par value; 20,000,000 shares authorized; no shares issued and outstanding	0	0
Additional paid-in capital	637,349	636,856
Retained earnings	70,495	55,232
Accumulated other comprehensive income	11,869	1,127
Total shareholders’ equity	719,719	693,221
Total liabilities and shareholders’ equity	$ 2,532,053	$ 2,346,533