The Securities and Exchange Commission has not necessarily reviewed the information in this filing and has not determined if it is accurate and complete.
The reader should not assume that the information is accurate and complete.

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 13F

FORM 13F INFORMATION TABLE
OMB APPROVAL
OMB Number: 3235-0006
Estimated average burden
hours per response: 23.8
COLUMN 1 COLUMN 2 COLUMN 3 COLUMN 4 COLUMN 5 COLUMN 6 COLUMN 7 COLUMN 8
VALUE SHRS OR SH/ PUT/ INVESTMENT OTHER VOTING AUTHORITY
NAME OF ISSUER TITLE OF CLASS CUSIP (x$1000) PRN AMT PRN CALL DISCRETION MANAGER SOLE SHARED NONE
ALLEGHANY CORP DEL COM 017175100 2,958 3,700 SH   SOLE   3,700 0 0
ALLSTATE CORP COM 020002101 1,125 10,000 SH   SOLE   10,000 0 0
AMERICAN INTL GROUP INC COM NEW 026874784 2,310 45,000 SH   SOLE   45,000 0 0
ARCH CAP GROUP LTD ORD G0450A105 429 10,000 SH   SOLE   10,000 0 0
ARGO GROUP INTL HLDGS LTD COM G0464B107 5,963 90,699 SH   SOLE   90,699 0 0
ASSURANT INC COM 04621X108 2,294 17,500 SH   SOLE   17,500 0 0
ATHENE HLDG LTD CL A G0684D107 941 20,000 SH   SOLE   20,000 0 0
BERKLEY W R CORP COM 084423102 3,285 47,540 SH   SOLE   47,540 0 0
BRP GROUP INC COM CL A 05589G102 2,363 147,200 SH   SOLE   147,200 0 0
CHUBB LIMITED COM H1467J104 1,946 12,500 SH   SOLE   12,500 0 0
GREENLIGHT CAPITAL RE LTD CLASS A G4095J109 851 84,205 SH   SOLE   84,205 0 0
HCI GROUP INC COM 40416E103 646 14,158 SH   SOLE   14,158 0 0
JAMES RIV GROUP LTD COM G5005R107 8,434 204,664 SH   SOLE   204,664 0 0
KEMPER CORP DEL COM 488401100 5,636 72,729 SH   SOLE   72,729 0 0
LINCOLN NATL CORP IND COM 534187109 590 10,000 SH   SOLE   10,000 0 0
MARKEL CORP COM 570535104 5,005 4,378 SH   SOLE   4,378 0 0
PROGRESSIVE CORP OHIO COM 743315103 1,086 15,000 SH   SOLE   15,000 0 0
RENAISSANCERE HOLDINGS LTD COM G7496G103 7,351 37,500 SH   SOLE   37,500 0 0
THIRD PT REINS LTD COM G8827U100 3,158 300,213 SH   SOLE   300,213 0 0
TIBERIUS ACQUISITION CORP COM 88633A107 542 51,658 SH   SOLE   51,658 0 0
WILLIS TOWERS WATSON PUB LTD SHS G96629103 2,019 10,000 SH   SOLE   10,000 0 0