XML 38 R28.htm IDEA: XBRL DOCUMENT v2.4.0.8
Related Party Transactions (Tables)
9 Months Ended
Sep. 30, 2014
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)    September 30,
2014
     December 31,
2013
 

Net receivable balance

   $ 4,248       $ 3,337   
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 September 30,  
(Dollars in thousands)    2014      2013  

Assumed earned premium

   $ 1,823       $ 955   

Assumed losses and loss adjustment expenses

     504         287   
     Nine Months Ended September 30,  
(Dollars in thousands)    2014      2013  

Assumed earned premium

   $ 4,639       $ 1,953   

Assumed losses and loss adjustment expenses

     1,349         665