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Subsequent Events
9 Months Ended
Sep. 30, 2018
Subsequent Events [Abstract]  
Subsequent Events

NOTE 13. SUBSEQUENT EVENTS

 

On November 7, 2018, we amended and restated the Club Facility (the “Restated Club Facility”). The Restated Club Facility has two tranches with one tranche extending a $165.0 million commitment and the other tranche extending a £60.0 million commitment. The Restated Club Facility will be used to support the Company’s capacity at its Lloyd’s of London operations for the 2019 and 2020 underwriting years of accounts, as well as prior open years.

 

On November 7, 2018, our Board of Directors declared a cash dividend on our Company’s Common Stock of $0.07 per share, payable on December 21, 2018 to stockholders of record on November 30, 2018.