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Unaudited Condensed Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2019
Mar. 31, 2018
Operating activities    
Net income $ 2,748 $ 330
Adjustments to reconcile net income to net cash provided by operating activities 8,657 7,697
Net cash provided by operating activities 11,405 8,027
Investing activities    
Purchases of fixed income and equity securities (140,645) (140,820)
Purchases of limited partnership interests 0 (200)
Distributions from limited partnerships 17,214 0
Proceeds from maturities 16,776 14,021
Proceeds from sales of fixed income securities 52,199 89,636
Proceeds from sales of equity securities 9,169 59,757
Purchase of insurance company-owned life insurance 0 (10,000)
Purchase of commercial mortgage loans (1,172) 0
Purchases of property and equipment (797) (1,218)
Proceeds from disposals of property and equipment 0 4
Net cash provided by (used in) investing activities (47,256) 11,180
Financing activities    
Dividends paid to shareholders (1,493) (4,229)
Repurchase of common shares (468) (235)
Net cash used in financing activities (1,961) (4,464)
Effect of foreign exchange rates on cash and cash equivalents 307 (223)
Increase (decrease) in cash, cash equivalents and restricted cash and cash equivalents (37,505) 14,520
Cash, cash equivalents and restricted cash and cash equivalents at beginning of period 170,811 68,713
Cash, cash equivalents and restricted cash and cash equivalents at end of period $ 133,306 $ 83,233