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Unaudited Condensed Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2018
Mar. 31, 2017
Operating activities    
Net income $ 330 $ 6,756
Adjustments to reconcile net income to net cash provided by operating activities 7,697 (358)
Net cash provided by operating activities 8,027 6,398
Investing activities:    
Purchases of fixed maturities and equity securities (140,820) (115,947)
Purchases of limited partnership interests (200) 0
Distributions from limited partnerships 0 16,016
Proceeds from maturities 14,021 58,132
Proceeds from sales of fixed maturities 89,636 40,097
Proceeds from sales of equity securities 59,757 7,054
Net purchases of short-term investments 0 (7,290)
Purchase of insurance company-owned life insurance (10,000) 0
Purchases of property and equipment (1,218) (2,239)
Proceeds from disposals of property and equipment 4 579
Net cash provided by (used in) investing activities 11,180 (3,598)
Financing activities:    
Dividends paid to shareholders (4,229) (4,080)
Repurchase of common shares (235) 0
Net cash used in financing activities (4,464) (4,080)
Effect of foreign exchange rates on cash and cash equivalents (223) 65
Increase (decrease) in cash, cash equivalents and restricted cash 14,520 (1,215)
Cash, cash equivalents and restricted cash at beginning of year 68,713 62,976
Cash, cash equivalents and restricted cash at end of year $ 83,233 $ 61,761