Statutory Accounting and Regulatory Requirements (Tables)

12 Months Ended

Dec. 31, 2017

Statutory-basis shareholders’ capital and surplus at December 31, 2017, 2016 and 2015 of the directly owned insurance subsidiary, AIIC, and the combined statutory-basis net income and realized investment gains for all AMERISAFE’s insurance subsidiaries for the three years in the period ended December 31, 2017, were as follows (in thousands):

	2017			2016			2015
Capital and surplus	$	382,062		$	394,016		$	371,365
Net income		61,628			79,858			71,937
Net realized losses on investments		(647	)		(504	)		(3,131	)

- Definition

Tabular disclosure of how the entity's reporting under GAAP as of the balance sheet date differs from the results based on prescribed and permitted accounting practices of the state or country of domicile in which a relevant statutory filing is made, or differences in results based on the National Association of Insurance Commissioners (NAIC) prescribed practices, or a combination thereof. Describes the accounting practices used and the related monetary effect on statutory surplus, net income, and risk-based capital. If an insurance enterprise's risk-based capital would have triggered a regulatory event had it not used a permitted practice, that fact is disclosed in the financial statements. Permitted statutory accounting practices include practices not prescribed but allowed by the domiciliary state insurance department regulatory authority.

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