Subsequent Events

12 Months Ended

Dec. 31, 2017

Subsequent Events [Abstract]

Subsequent Events

NOTE 16. SUBSEQUENT EVENTS

On February 15, 2018, our Board of Directors declared a cash dividend on our Company’s Common Stock of $0.07 per share, payable on March 23, 2018 to stockholders of record on March 2, 2018.

On February 7, 2018, NMUK entered into a Renewal Rights Agreement with Thomas Miller Specialty Underwriting Agency Limited (“Thomas Miller”), pursuant to which Thomas Miller agreed to acquire the renewal rights to our Company’s fixed-premium protection and indemnity business. Our Company will remain responsible for all losses occurring prior to February 8, 2018 on such business. We do not expect this transaction to have a material effect on our financial statements.