Investment and other gains (losses) - net

3 Months Ended

Mar. 31, 2019

Investments, Debt and Equity Securities [Abstract]

Investment and other gains (losses) - net

Investment and other gains (losses) - net. Investments and other gains (losses) are detailed as follows:

		Three Months Ended   March 31,
		2019		2018
	($000 omitted)
Investment and other gains		162		720
Investment and other losses		(305	)	(188	)
Net unrealized investment gains (losses) recognized on equity securities held		3,546		(2,203	)
		3,403		(1,671	)

Net investment gains (losses) recognized during the three months ended March 31, 2019 and 2018 related to investments in equity securities still held as of March 31, 2019 and 2018 are calculated as follows ($000 omitted):

	Three Months Ended   March 31,
	2019	2018
	($000 omitted)
Net investment gains (losses) recognized on equity securities during the period	3,657	(2,226	)
Less: Net realized gains (losses) on equity securities sold during the period	111	(23	)
Net unrealized investment gains (losses) recognized on equity securities still held	3,546	(2,203	)

Proceeds from sales of investments in securities are as follows:

		Three Months Ended   March 31,
		2019	2018
	($000 omitted)
Proceeds from sales of debt securities		6,318	13,146
Proceeds from sales of equity securities		640	2,220
Total proceeds from sales of investment in securities		6,958	15,366