Condensed Consolidated Balance Sheets - USD ($) $ in Thousands	Sep. 30, 2017	Dec. 31, 2016
Fixed maturity securities:
Available-for-sale, at fair value (amortized cost: 2017 – $1,006,715; 2016 – $940,212)	$ 1,016,818	$ 941,077
Trading, at fair value (amortized cost: 2017 – $3,802; 2016 – $5,052)	3,812	5,063
Equity securities available-for-sale, at fair value (cost: 2017 – $72,102; 2016 – $74,553)	78,705	76,401
Bank loan participations held-for-investment, at amortized cost, net of allowance	245,741	203,526
Short-term investments	42,331	50,844
Other invested assets	66,205	55,419
Total invested assets	1,453,612	1,332,330
Cash and cash equivalents	106,500	109,784
Accrued investment income	8,062	7,246
Premiums receivable and agents’ balances, net	390,534	265,315
Reinsurance recoverable on unpaid losses	283,949	182,737
Reinsurance recoverable on paid losses	14,221	2,877
Prepaid reinsurance premiums	87,087	90,147
Deferred policy acquisition costs	84,530	64,789
Intangible assets, net	38,484	38,931
Goodwill	181,831	181,831
Other assets	72,842	70,546
Total assets	2,721,652	2,346,533
Liabilities:
Reserve for losses and loss adjustment expenses	1,187,248	943,865
Unearned premiums	469,214	390,563
Payables to reinsurers	47,013	39,899
Senior debt	88,300	88,300
Junior subordinated debt	104,055	104,055
Accrued expenses	40,276	36,884
Other liabilities	64,577	49,746
Total liabilities	2,000,683	1,653,312
Commitments and contingent liabilities
Shareholders’ equity:
Common Shares – 2017 and 2016: $0.0002 par value; 200,000,000 shares authorized; 29,582,656 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	636,474	636,856
Retained earnings	71,904	55,232
Accumulated other comprehensive income	12,585	1,127
Total shareholders’ equity	720,969	693,221
Total liabilities and shareholders’ equity	$ 2,721,652	$ 2,346,533