XML 31 R19.htm IDEA: XBRL DOCUMENT v3.19.1
Related Parties
3 Months Ended
Mar. 31, 2019
Related Parties [Abstract]  
Related Parties
(12)  Related Parties:

At March 31, 2019, the Company was invested in one limited partnership, the New Vernon India Fund, with an aggregate estimated value of $17,313, that is managed by an organization in which one director of the Company is an executive officer and owner.  The Company's ownership interest in this limited partnership at March 31, 2019 was 4%.  For the three months ended March 31, 2019 and 2018, the Company recorded $48 and $142 of fees related to the management of this limited partnership investment.

In January 2019, the Company withdrew $5,684 from the New Vernon Global Opportunity Fund, which liquidated its investment in this limited partnership.

The Company utilizes the services of an investment firm of which one director of the Company is a partial owner.  These investment firms manage equity securities and fixed income portfolios with an aggregate market value of approximately $7,899 at March 31, 2019.  Total commissions and net fees earned by the investment firms and affiliates on these portfolios were $5 and $27 for the three months ended March 31, 2019 and 2018.