Segment Information (Tables)

3 Months Ended

Mar. 31, 2019

Segment Reporting [Abstract]

Summary of Business Segment Information

The following are tabulations of business segment information for the quarters ended March 31, 2019 and 2018:

Quarter Ended March 31, 2019 (Dollars in thousands)	Commercial Specialty		(1)	Specialty Property			(1)	Farm, Ranch, & Stable		(1)	Reinsurance Operations		(2)	Total
Revenues:
Gross premiums written	$	64,213		$	39,674		(4)	$	20,765		$	17,549		$	142,201
Net premiums written	$	55,170		$	33,212			$	17,492		$	17,542		$	123,416
Net premiums earned	$	55,641		$	34,619			$	17,122		$	14,707		$	122,089
Other income		—			443				30			15			488
Total revenues		55,641			35,062				17,152			14,722			122,577
Losses and Expenses:
Net losses and loss adjustment expenses		21,651			20,503				8,138			8,029			58,321
Acquisition costs and other underwriting expenses		22,812			14,653				7,282			4,996			49,743
Income (loss) from segments	$	11,178		$	(94	)		$	1,732		$	1,697		$	14,513
Unallocated Items:
Net investment income															7,219
Net realized investment gain															10,390
Corporate and other operating expenses															(3,205	)
Interest expense															(5,023	)
Income before income taxes															23,894
Income tax expense															(4,294	)
Net income															19,600
Total assets	$	806,951		$	359,482			$	193,567		$	624,908	(3)	$	1,984,908

(1) Includes business ceded to the Company’s Reinsurance Operations.

(2) External business only, excluding business assumed from affiliates.

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

(4) Includes ($138) of business written by American Reliable that was ceded to insurance companies owned by Assurant under a 100% quota share reinsurance agreement.

Quarter Ended March 31, 2018 (Dollars in thousands)	Commercial Specialty		(1)	Specialty Property			(1)	Farm, Ranch, & Stable		(1)	Reinsurance Operations		(2)	Total
Revenues:
Gross premiums written	$	53,773		$	41,344		(7)	$	18,821		$	10,309		$	124,247
Net premiums written	$	48,306		$	33,010			$	16,245		$	10,309		$	107,870
Net premiums earned	$	47,362		$	33,987			$	16,625		$	10,028		$	108,002
Other income		—			446				57			51			554
Total revenues		47,362			34,433				16,682			10,079			108,556
Losses and Expenses:
Net losses and loss adjustment expenses		25,029			21,186				6,435			3,422			56,072
Acquisition costs and other underwriting expenses		19,205	(3)		14,954		(4)		7,225	(5)		3,619			45,003
Income (loss) from segments	$	3,128		$	(1,707	)		$	3,022		$	3,038		$	7,481
Unallocated Items:
Net investment income															11,404
Net realized investment losses															(316	)
Corporate and other operating expenses															(9,260	)
Interest expense															(4,861	)
Income before income taxes															4,448
Income tax benefit															1,253
Net income															5,701
Total assets	$	893,115		$	321,690			$	173,218		$	575,691	(6)	$	1,963,714

(1) Includes business ceded to the Company’s Reinsurance Operations.

(2) External business only, excluding business assumed from affiliates.

(3) Includes federal excise tax of $174 relating to cessions from Commercial Specialty to Reinsurance Operations.

(4) Includes federal excise tax of $141 relating to cessions from Specialty Property to Reinsurance Operations.

(5) Includes federal excise tax of $65 relating to cessions from Farm, Ranch, & Stable to Reinsurance Operations.

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

(7) Includes ($867) of business written by American Reliable that was ceded to insurance companies owned by Assurant under a 100% quota share reinsurance agreement.