The following are tabulations of business segment information for the years ended December 31, 2014, 2013, and 2012. Corporate information is included to reconcile segment data to the consolidated financial statements.


2014: (Dollars in thousands)	Insurance Operations (1)			Reinsurance Operations (2)			Total
Revenues:
Gross premiums written	$	229,978		$	61,275		$	291,253

Net premiums written	$	212,965		$	60,216		$	273,181

Net premiums earned	$	211,165		$	57,354		$	268,519
Other income (loss)		620			(65	)		555

Total revenue		211,785			57,289			269,074
Losses and Expenses:
Net losses and loss adjustment expenses		117,586			19,975			137,561
Acquisition costs and other underwriting expenses		88,983	(3)		20,636			109,619

Income from segments		5,216			16,678			21,894

Unallocated items:
Net investment income								28,821
Net realized investment gains								35,860
Corporate and other operating expenses								14,559
Interest expense								822

Income before income taxes								71,194
Income tax expense								8,338

Net income							$	62,856

Total assets	$	1,288,763		$	641,270	(4)	$	1,930,033

(1)

Includes business ceded to the Company’s Reinsurance Operations.

(2)

External business only, excluding business assumed from affiliates.

(3)

Includes excise tax of $1,114 related to cessions from Insurance Operations to Reinsurance Operations.

(4)

Comprised of Global Indemnity Reinsurance’s total assets less its investment in subsidiaries.


2013: (Dollars in thousands)	Insurance Operations (1)			Reinsurance Operations (2)			Total
Revenues:
Gross premiums written	$	232,373		$	58,350		$	290,723

Net premiums written	$	213,705		$	58,279		$	271,984

Net premiums earned	$	196,302		$	52,420		$	248,722
Other income (loss)		5,795			(4	)		5,791

Total revenue		202,097			52,416			254,513
Losses and Expenses:
Net losses and loss adjustment expenses		116,837			16,154			132,991
Acquisition costs and other underwriting expenses		87,360	(3)		18,291			105,651

Income (loss) from segments		(2,100	)	$	17,971			15,871

Unallocated items:
Net investment income								37,209
Net realized investment gains								27,412
Corporate and other operating expenses								(11,614	)
Interest expense								(6,169	)

Income before income taxes								62,709
Income tax expense								1,019

Net income							$	61,690

Total assets	$	1,264,306		$	647,473	(4)	$	1,911,779

(1)

Includes business ceded to the Company’s Reinsurance Operations.

(2)

External business only, excluding business assumed from affiliates.

(3)

Includes excise tax of $1,026 related to cessions from Insurance Operations to Reinsurance Operations.

(4)

Comprised of Global Indemnity Reinsurance’s total assets less its investment in subsidiaries.


2012: (Dollars in thousands)	Insurance Operations (1)			Reinsurance Operations (2)			Total
Revenues:
Gross premiums written	$	201,790		$	42,263		$	244,053

Net premiums written	$	177,832		$	41,715		$	219,547

Net premiums earned	$	179,153		$	59,709		$	238,862
Other income (loss)		568			(726	)		(158	)

Total revenue		179,721			58,983			238,704
Losses and Expenses:
Net losses and loss adjustment expenses		118,515			35,113			153,628
Acquisition costs and other underwriting expenses		79,910	(3)		15,493			95,403

Income (loss) from segments		(18,704	)	$	8,377			(10,327	)

Unallocated items:
Net investment income								47,557
Net realized investment gains								6,755
Corporate and other operating expenses								(9,691	)
Interest expense								(5,393	)

Income before income taxes								28,901
Income tax benefit								(5,856	)

Net income							$	34,757

Total assets	$	1,259,083		$	644,620	(4)	$	1,903,703

(1)

Includes business ceded to the Company’s Reinsurance Operations.

(2)

External business only, excluding business assumed from affiliates.

(3)

Includes excise tax of $936 related to cessions from Insurance Operations to Reinsurance Operations.

(4)

Comprised of Global Indemnity Reinsurance’s total assets less its investment in subsidiaries.