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Goodwill and Intangible Assets (Tables)
9 Months Ended
Sep. 30, 2018
Goodwill And Intangible Assets Disclosure [Abstract]  
Summary of Analysis of Goodwill by Reporting Segment

The following table shows an analysis of goodwill by reporting segment:

 

 

 

Nine Months Ended September 30, 2018

 

 

 

U.S.

 

 

Int'l

 

 

 

 

 

amounts in thousands

 

Insurance

 

 

Insurance

 

 

Total

 

Goodwill at Beginning of the Period

 

$

1,978

 

 

$

2,482

 

 

$

4,460

 

Goodwill Acquired

 

 

 

 

 

12,703

 

 

 

12,703

 

Foreign Currency Translation Adjustment

 

 

 

 

 

81

 

 

 

81

 

Goodwill at End of the Period

 

$

1,978

 

 

$

15,266

 

 

$

17,244

 

 

Summary of Gross Carrying Value and Weighted Average Amortization Period of Intangible Assets by Type

The gross carrying value and weighted average amortization period of intangible assets by type at September 30, 2018 was as follows:

 

 

 

As of September 30, 2018

amounts in thousands

 

Gross Carrying

Amount

 

 

Accumulated

Amortization

 

 

Weighted Average

Amortization

Period

Finite-Lived Assets

 

 

 

 

 

 

 

 

 

 

ASCO Customer Relationships

 

$

3,383

 

 

$

(85

)

 

10 years

ASCO VOBA

 

 

1,711

 

 

 

(107

)

 

4 years

BDM Broker Networks

 

 

1,012

 

 

 

(17

)

 

15 years

BDM Trade Name

 

 

498

 

 

 

(124

)

 

1 year

Total

 

$

6,604

 

 

$

(333

)

 

 

Indefinite-Lived Assets

 

 

 

 

 

 

 

 

 

 

ASCO European Licenses

 

$

2,489

 

 

indefinite

 

 

 

NUAL Lloyd's Syndicate Capacity

 

 

2,136

 

 

indefinite

 

 

 

Total

 

$

4,625

 

 

 

 

 

 

 

 

Summary of Estimated Remaining Amortization Expense for Finite-Lived Intangible Assets

The estimated remaining amortization expense for the finite-lived intangible assets is as follows:

 

amounts in thousands

 

Total

 

2018

 

$

333

 

2019

 

 

1,082

 

2020

 

 

834

 

2021

 

 

834

 

2022

 

 

620

 

2023 and thereafter

 

 

2,568

 

Total

 

$

6,271