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Unaudited Condensed Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
6 Months Ended
Jun. 30, 2019
Jun. 30, 2018
Operating activities    
Net income $ 4,283 $ 2,817
Adjustments to reconcile net income to net cash provided by operating activities 34,113 21,857
Net cash provided by operating activities 38,396 24,674
Investing activities    
Purchases of fixed income and equity securities (245,099) (215,226)
Purchases of limited partnership interests 0 (450)
Distributions from limited partnerships 20,231 369
Proceeds from maturities 38,917 37,590
Proceeds from sales of fixed income securities 71,839 102,408
Proceeds from sales of equity securities 14,449 87,557
Purchase of insurance company-owned life insurance 0 (10,000)
Purchase of commercial mortgage loans (2,213) 0
Purchases of property and equipment (1,346) (2,691)
Proceeds from disposals of property and equipment 3 8
Net cash used in investing activities (103,219) (435)
Financing activities    
Dividends paid to shareholders (2,987) (8,456)
Repurchase of common shares (6,487) (1,280)
Net cash used in financing activities (9,474) (9,736)
Effect of foreign exchange rates on cash and cash equivalents 591 (411)
Increase (decrease) in cash, cash equivalents and restricted cash and cash equivalents (73,706) 14,092
Cash, cash equivalents and restricted cash and cash equivalents at beginning of period 170,811 68,713
Cash, cash equivalents and restricted cash and cash equivalents at end of period $ 97,105 $ 82,805