STATUTORY ACCOUNTING PRACTICES (Tables)

12 Months Ended

Dec. 31, 2019

Statutory Accounting Practices [Abstract]

Statutory Accounting Practices Disclosure

Statutory net income (loss) and capital and surplus, excluding intercompany transactions, are summarized as follows:



($ in thousands)	2019		2018
NSIC - including realized capital gains of $272 and $71, respectively	$	1,378	$	1,558
NSFC - including realized capital gains (losses) of $(10) and $39, respectively	$	2,644	$	786
Omega - including realized capital gains (losses) of $(21) and $7, respectively	$	593	$	(64	)
Statutory risk-based adjusted capital:
NSIC - including AVR of $968 and $766, respectively	$	17,210	$	16,043
NSFC - including investment in Omega of $7,930 and $7,280, respectively	$	36,264	$	34,645
Omega	$	11,430	$	10,783

- Definition

Tabular disclosure of how the entity's reporting under GAAP as of the balance sheet date differs from the results based on prescribed and permitted accounting practices of the state or country of domicile in which a relevant statutory filing is made, or differences in results based on the National Association of Insurance Commissioners (NAIC) prescribed practices, or a combination thereof. Describes the accounting practices used and the related monetary effect on statutory surplus, net income, and risk-based capital. If an insurance enterprise's risk-based capital would have triggered a regulatory event had it not used a permitted practice, that fact is disclosed in the financial statements. Permitted statutory accounting practices include practices not prescribed but allowed by the domiciliary state insurance department regulatory authority.

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