XML 85 R71.htm IDEA: XBRL DOCUMENT v3.21.1
Segment Information (Financial Data by Segment) (Details) - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2021
Mar. 31, 2020
Segment Reporting Information [Line Items]    
Net premiums earned $ 187,358 $ 203,855
Net investment income 15,017 20,830
Equity in earnings (loss) of unconsolidated subsidiaries 6,788 (1,562)
Net realized gains (losses) 8,849 (28,673)
Other income (expense) 2,005 2,251
Net losses and loss adjustment expenses (149,785) (164,832)
Underwriting, policy acquisition and operating expenses (56,451) (62,056)
SPC U.S. federal income taxes expense (356) (222)
SPC dividend (expense) income (1,742) 508
Interest expense (3,212) (4,129)
Income tax benefit (expense) (736) 12,076
Segment results 7,735 (21,954)
Net income (loss) 7,735 (21,954)
Depreciation and amortization, net of accretion 6,722 4,734
Specialty P&C    
Segment Reporting Information [Line Items]    
Net premiums earned 115,613 120,359
Workers' Compensation Insurance Segment    
Segment Reporting Information [Line Items]    
Net premiums earned 40,011 44,515
Segregated Portfolio Cell Reinsurance    
Segment Reporting Information [Line Items]    
Net premiums earned 15,884 16,980
Lloyd's Syndicates    
Segment Reporting Information [Line Items]    
Net premiums earned 15,850 22,001
Operating segments | Specialty P&C    
Segment Reporting Information [Line Items]    
Net premiums earned 115,613 120,359
Net investment income 0 0
Equity in earnings (loss) of unconsolidated subsidiaries 0 0
Net realized gains (losses) 0 0
Other income (expense) 469 1,698
Net losses and loss adjustment expenses (101,186) (110,931)
Underwriting, policy acquisition and operating expenses (26,346) (29,585)
SPC U.S. federal income taxes expense 0 0
SPC dividend (expense) income 0 0
Interest expense 0 0
Income tax benefit (expense) 0 0
Segment results (11,450) (18,459)
Depreciation and amortization, net of accretion 2,171 1,580
Operating segments | Workers' Compensation Insurance Segment    
Segment Reporting Information [Line Items]    
Net premiums earned 40,011 44,515
Net investment income 0 0
Equity in earnings (loss) of unconsolidated subsidiaries 0 0
Net realized gains (losses) 0 0
Other income (expense) 392 757
Net losses and loss adjustment expenses (26,207) (29,769)
Underwriting, policy acquisition and operating expenses (12,286) (14,164)
SPC U.S. federal income taxes expense 0 0
SPC dividend (expense) income 0 0
Interest expense 0 0
Income tax benefit (expense) 0 0
Segment results 1,910 1,339
Depreciation and amortization, net of accretion 903 926
Operating segments | Segregated Portfolio Cell Reinsurance    
Segment Reporting Information [Line Items]    
Net premiums earned 15,884 16,980
Net investment income 221 254
Equity in earnings (loss) of unconsolidated subsidiaries 0 0
Net realized gains (losses) 987 (3,207)
Other income (expense) 1 136
Net losses and loss adjustment expenses (9,425) (9,352)
Underwriting, policy acquisition and operating expenses (5,025) (5,079)
SPC U.S. federal income taxes expense (356) (222)
SPC dividend (expense) income (1,742) 508
Interest expense 0 0
Income tax benefit (expense) 0 0
Segment results 545 18
Depreciation and amortization, net of accretion 316 69
Operating segments | Lloyd's Syndicates    
Segment Reporting Information [Line Items]    
Net premiums earned 15,850 22,001
Net investment income 729 1,159
Equity in earnings (loss) of unconsolidated subsidiaries 0 0
Net realized gains (losses) (115) 81
Other income (expense) 221 (232)
Net losses and loss adjustment expenses (12,967) (14,780)
Underwriting, policy acquisition and operating expenses (6,591) (9,142)
SPC U.S. federal income taxes expense 0 0
SPC dividend (expense) income 0 0
Interest expense 0 0
Income tax benefit (expense) 0 29
Segment results (2,873) (884)
Depreciation and amortization, net of accretion 15 9
Operating segments | Corporate    
Segment Reporting Information [Line Items]    
Net premiums earned 0 0
Net investment income 14,067 19,417
Equity in earnings (loss) of unconsolidated subsidiaries 6,788 (1,562)
Net realized gains (losses) 7,977 (25,547)
Other income (expense) 1,894 633
Net losses and loss adjustment expenses 0 0
Underwriting, policy acquisition and operating expenses (7,175) (4,827)
SPC U.S. federal income taxes expense 0 0
SPC dividend (expense) income 0 0
Interest expense (3,212) (4,129)
Income tax benefit (expense) (736) 12,047
Segment results 19,603 (3,968)
Depreciation and amortization, net of accretion 3,317 2,150
Inter-segment Eliminations    
Segment Reporting Information [Line Items]    
Net premiums earned 0 0
Net investment income 0 0
Equity in earnings (loss) of unconsolidated subsidiaries 0 0
Net realized gains (losses) 0 0
Other income (expense) (972) (741)
Net losses and loss adjustment expenses 0 0
Underwriting, policy acquisition and operating expenses 972 741
SPC U.S. federal income taxes expense 0 0
SPC dividend (expense) income 0 0
Interest expense 0 0
Income tax benefit (expense) 0 0
Segment results 0 0
Depreciation and amortization, net of accretion $ 0 $ 0