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Related Party Transactions (Tables)
6 Months Ended
Jun. 30, 2014
Premium and Losses
 
Estimated Earned Premium and Incurred Losses, and Net Balances Due

The Company estimated that the following earned premium and incurred losses related to the agreement have been assumed by Global Indemnity Reinsurance from Hiscox Bermuda:

 

                                         
     Quarters Ended June 30,  
(Dollars in thousands)      2014          2013    

Assumed earned premium

   $ 1,802       $    654   

Assumed losses and loss adjustment expenses

     541         289   

 

                                         
     Six Months Ended June 30,  
(Dollars in thousands)    2014      2013  

Assumed earned premium

   $ 2,816       $ 1,008   

Assumed losses and loss adjustment expenses

     845         378   
Receivables
 
Estimated Earned Premium and Incurred Losses, and Net Balances Due

Net balances due to Global Indemnity Reinsurance under this agreement are as follows:

 

(Dollars in thousands)

   June 30,
2014
     December 31,
2013
 

Net receivable balance

   $ 5,202       $ 3,337