Segment Information (Tables)

6 Months Ended

Jun. 30, 2017

Segment Reporting [Abstract]

Schedule of summary of company's segment results

The following table summarizes the Company’s segment results:

	Excess and Surplus Lines		Specialty Admitted Insurance		Casualty Reinsurance			Corporate and Other			Total
	(in thousands)
Three Months Ended June 30, 2017
Gross written premiums	$	138,004	$	76,771	$	66,700		$	—		$	281,475
Net earned premiums	117,268		17,760		49,049			—			184,077
Underwriting profit (loss) of insurance segments	11,729		553		(2,023		)	—			10,259
Net investment income	3,841		631		7,386			1,856			13,714
Interest expense	—		—		—			2,224			2,224
Segment revenues	125,484		18,435		56,574			1,901			202,394
Segment goodwill	181,831		—		—			—			181,831
Segment assets	779,428		369,515		1,268,560			114,550			2,532,053
Three Months Ended June 30, 2016
Gross written premiums	$	97,427	$	34,201	$	39,043		$	—		$	170,671
Net earned premiums	70,565		12,207		35,783			—			118,555
Underwriting profit of insurance segments	9,783		125		206			—			10,114
Net investment income	5,079		640		6,936			(1,102		)	11,553
Interest expense	—		—		—			2,041			2,041
Segment revenues	78,940		13,329		43,304			(1,062		)	134,511
Segment goodwill	181,831		—		—			—			181,831
Segment assets	731,324		215,034		1,148,489			95,014			2,189,861
Six Months Ended June 30, 2017
Gross written premiums	$	246,999	$	149,235	$	109,420		$	—		$	505,654
Net earned premiums	211,117		34,013		93,634			—			338,764
Underwriting profit (loss) of insurance segments	20,529		1,395		(930		)	—			20,994
Net investment income	7,024		1,267		14,510			7,646			30,447
Interest expense	—		—		—			4,347			4,347
Segment revenues	226,574		35,359		108,720			8,143			378,796
Segment goodwill	181,831		—		—			—			181,831
Segment assets	779,428		369,515		1,268,560			114,550			2,532,053
Six Months Ended June 30, 2016
Gross written premiums	$	179,535	$	62,888	$	61,319		$	—		$	303,742
Net earned premiums	136,070		23,612		76,003			—			235,685
Underwriting profit of insurance segments	18,987		600		540			—			20,127
Net investment income	8,365		1,251		13,163			46			22,825
Interest expense	—		—		—			4,215			4,215
Segment revenues	150,730		25,376		89,612			122			265,840
Segment goodwill	181,831		—		—			—			181,831
Segment assets	731,324		215,034		1,148,489			95,014			2,189,861

Schedule of underwriting profit of operating segments by individual segment and reconciliation to consolidated income before taxes

The following table reconciles the underwriting profit (loss) of the operating segments by individual segment to consolidated income before taxes:

	Three Months Ended June 30,						Six Months Ended June 30,
	2017			2016			2017			2016
	(in thousands)
Underwriting profit (loss) of the insurance segments:
Excess and Surplus Lines	$	11,729		$	9,783		$	20,529		$	18,987
Specialty Admitted Insurance	553			125			1,395			600
Casualty Reinsurance	(2,023		)	206			(930		)	540
Total underwriting profit of insurance segments	10,259			10,114			20,994			20,127
Other operating expenses of the Corporate and Other segment	(6,095		)	(5,475		)	(12,556		)	(10,727		)
Underwriting profit	4,164			4,639			8,438			9,400
Net investment income	13,714			11,553			30,447			22,825
Net realized investment gains	307			1,619			1,354			2,166
Amortization of intangible assets	(149		)	(149		)	(298		)	(298		)
Other income and expenses	(257		)	(24		)	(57		)	52
Interest expense	(2,224		)	(2,041		)	(4,347		)	(4,215		)
Income before taxes	$	15,555		$	15,597		$	35,537		$	29,930