Global Indemnity (GBLI) 10-Q 9 Nov 22 2022 Q3 Quarterly report Financial data

Document and Entity Information

Document and Entity Information - shares	9 Months Ended
	Sep. 30, 2022	Nov. 01, 2022
Document Information [Line Items]
Document Type	10-Q
Amendment Flag	false
Document Period End Date	Sep. 30, 2022
Document Fiscal Year Focus	2022
Document Fiscal Period Focus	Q3
Document Quarterly Report	true
Document Transition Report	false
Entity Registrant Name	GLOBAL INDEMNITY GROUP, LLC
Entity Central Index Key	0001494904
Current Fiscal Year End Date	--12-31
Entity Filer Category	Accelerated Filer
Entity Small Business	false
Entity Emerging Growth Company	false
Entity Current Reporting Status	Yes
Entity Interactive Data Current	Yes
Entity Shell Company	false
Entity File Number	001-34809
Entity Incorporation, State or Country Code	DE
Entity Tax Identification Number	85-2619578
Entity Address, Address Line One	112 S. French Street
Entity Address, Address Line Two	Suite 105
Entity Address, City or Town	Wilmington
Entity Address, Country	DE
Entity Address, Postal Zip Code	19801
City Area Code	(302)
Local Phone Number	691-6276
Title of each class	Class A Common Shares
Trading Symbol	GBLI
Name of each exchange on which registered	NYSE
Class A Common Shares
Document Information [Line Items]
Entity Ordinary Shares, Shares Outstanding		10,668,423
Class B Common Shares
Document Information [Line Items]
Entity Ordinary Shares, Shares Outstanding		3,947,206
Former Address
Document Information [Line Items]
Entity Address, Address Line One	Three Bala Plaza East
Entity Address, Address Line Two	Suite 300
Entity Address, City or Town	Bala Cynwyd
Entity Address, Country	PA
Entity Address, Postal Zip Code	19004

Consolidated Balance Sheets

Consolidated Balance Sheets - USD ($) $ in Thousands	Sep. 30, 2022	Dec. 31, 2021
Fixed maturities:
Available for sale, at fair value (amortized cost: $1,337,014 and $1,193,746; net of allowance for expected credit losses of $0 at September 30, 2022 and December 31, 2021)	$ 1,281,074	$ 1,201,866
Equity securities, at fair value	18,006	99,978
Other invested assets	38,222	152,651
Total investments	1,337,302	1,454,495
Cash and cash equivalents	18,891	78,278
Premium receivables, net of allowance for expected credit losses of $2,851 at September 30, 2022 and $2,996 at December 31, 2021	160,714	128,444
Reinsurance receivables, net of allowance for expected credit losses of $8,992 at September 30, 2022 and December 31, 2021	108,541	99,864
Funds held by ceding insurers	21,780	27,958
Deferred federal income taxes	46,540	37,329
Deferred acquisition costs	70,164	60,331
Intangible assets	14,898	20,261
Goodwill	4,820	5,398
Prepaid reinsurance premiums	56,205	53,494
Lease right of use assets	13,461	16,051
Other assets	25,821	30,906
Total assets	1,879,137	2,012,809
Liabilities:
Unpaid losses and loss adjustment expenses	825,594	759,904
Unearned premiums	330,536	316,566
Ceded balances payable	16,607	35,340
Payable for securities purchased	98	794
Contingent commissions	8,357	7,903
Debt	0	126,430
Lease liabilities	16,734	19,079
Other liabilities	37,617	40,172
Total liabilities	1,235,543	1,306,188
Commitments and contingencies (Note 14)
Shareholders’ equity:
Common shares: no par value; 900,000,000 common shares authorized; class A common shares issued: 10,701,873 and 10,574,589 respectively; class A common shares outstanding: 10,668,423 and 10,557,093, respectively; class B common shares issued and outstanding: 3,947,206 and 3,947,206, respectively	0	0
Additional paid-in capital	451,142	447,406
Accumulated other comprehensive income (loss), net of tax	(45,337)	6,404
Retained earnings	234,693	249,301
Total shareholders’ equity	643,594	706,621
Total liabilities and shareholders’ equity	1,879,137	2,012,809
Series A Cumulative Fixed Rate Preferred Shares
Shareholders’ equity:
Series A cumulative fixed rate preferred shares, $1,000 par value; 100,000,000 shares authorized, shares issued and outstanding: 4,000 and 4,000 shares, respectively, liquidation preference: $1,000 per share and $1,000 per share, respectively	4,000	4,000
Class A Common Shares
Shareholders’ equity:
Class A common shares in treasury, at cost: 33,450 and 17,496 shares, respectively	$ (904)	$ (490)

Consolidated Balance Sheets (Pa

Consolidated Balance Sheets (Parenthetical) - USD ($) $ in Thousands	Sep. 30, 2022	Dec. 31, 2021
Available for sale, amortized cost	$ 1,337,014	$ 1,193,746
Available-for-sale, net of allowance for expected credit losses	0	0
Premiums receivable, allowance for expected credit loss	2,851	2,996
Reinsurance receivable, allowance for expected credit loss	$ 8,992	$ 8,992
Common shares, par value	$ 0	$ 0
Common shares, shares authorized	900,000,000	900,000,000
Series A Cumulative Fixed Rate Preferred Shares
Preferred shares, par value	$ 1,000	$ 1,000
Preferred shares, shares authorized	100,000,000	100,000,000
Preferred shares, shares issued	4,000	4,000
Preferred shares, shares outstanding	4,000	4,000
Preferred shares, liquidation preference	$ 1,000	$ 1,000
Class A Common Shares
Common shares, shares issued	10,701,873	10,574,589
Common shares, shares outstanding	10,668,423	10,557,093
Treasury shares, shares	33,450	17,496
Class B Common Shares
Common shares, shares issued	3,947,206	3,947,206
Common shares, shares outstanding	3,947,206	3,947,206

Consolidated Statements of Oper

Consolidated Statements of Operations - USD ($) $ in Thousands		3 Months Ended			9 Months Ended
		Sep. 30, 2022	Sep. 30, 2021		Sep. 30, 2022	Sep. 30, 2021
Revenues:
Gross written premiums		$ 175,827	$ 174,303		$ 563,633	$ 513,097
Ceded written premiums		(32,992)	(12,004)		(94,158)	(42,462)
Net written premiums		142,835	162,299		469,475	470,635
Change in net unearned premiums		10,809	(4,734)		(11,259)	(19,962)
Net earned premiums		153,644	157,565		458,216	450,673
Net investment income		8,389	9,344		16,911	29,813
Net realized investment gains (losses)		2,234	(310)		(33,067)	7,342
Other income		30,316	389		30,839	1,287
Total revenues		194,583	166,988		472,899	489,115
Losses and Expenses:
Net losses and loss adjustment expenses		88,459	109,195		265,772	290,916
Acquisition costs and other underwriting expenses		60,876	59,282		178,666	171,259
Corporate and other operating expenses		14,064	5,387		21,718	15,992
Interest expense		0	2,596		3,004	7,887
Loss on extinguishment of debt		0	0		3,529	0
Income (loss) before income taxes		31,184	(9,472)		210	3,061
Income tax expense (benefit)		7,438	(1,759)		3,399	(1,118)
Net income (loss)		23,746	(7,713)		(3,189)	4,179
Less: preferred stock distributions		110	110		330	330
Net income (loss) available to common shareholders		$ 23,636	$ (7,823)		$ (3,519)	$ 3,849
Net income (loss) available to common shareholders
Basic		$ 1.62	$ (0.54)	[1]	$ (0.24)	$ 0.27	[1]
Diluted		$ 1.60	$ (0.54)	[1]	$ (0.24)	$ 0.26	[1]
Weighted-average number of shares outstanding
Basic		14,589,797	14,445,434		14,549,601	14,413,006
Diluted	[2]	14,795,962	14,445,434		14,549,601	14,650,599
Cash distributions declared per common share		$ 0.25	$ 0.25		$ 0.75	$ 0.75
[1] For the nine months ended September 30, 2022 and the quarter ended September 30, 2021, “weighted average shares outstanding – basic” was used to calculate “diluted earnings per share” due to a net loss for the period. For the nine months ended September 30, 2022 and the quarter ended September 30, 2021, “weighted average shares outstanding – basic” was used to calculate “diluted earnings per share” due to a net loss in each period.

Consolidated Statements of Comp

Consolidated Statements of Comprehensive Income (Loss) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2022	Sep. 30, 2021	Sep. 30, 2022	Sep. 30, 2021
Statement Of Income And Comprehensive Income [Abstract]
Net income (loss)	$ 23,746	$ (7,713)	$ (3,189)	$ 4,179
Other comprehensive income (loss), net of tax:
Unrealized holding losses	(18,777)	(2,636)	(82,653)	(18,337)
Reclassification adjustment for (gains) losses included in net income (loss)	194	(1,132)	31,156	(611)
Unrealized foreign currency translation losses	(129)	(164)	(244)	(324)
Other comprehensive income (loss), net of tax	(18,712)	(3,932)	(51,741)	(19,272)
Comprehensive income (loss), net of tax	$ 5,034	$ (11,645)	$ (54,930)	$ (15,093)

Consolidated Statements of Chan

Consolidated Statements of Changes in Shareholders' Equity - USD ($) $ in Thousands	Total	Additional Paid-in Capital	Accumulated Other Comprehensive Income (Loss), Net of Deferred Income Tax	Retained Earnings	Treasury Shares	Class A Common Shares Common Stock	Class A Common Shares Treasury Shares	Series A Cumulative Fixed Rate Preferred Shares Preferred Stock	Class B Common Shares Common Stock
Number at Dec. 31, 2020					0	10,263,722		4,000	4,133,366
Class A common shares purchased							16,915
Forfeited shares					178
Common shares issued under share incentive plans, net of forfeitures						40,240
Common shares issued to directors						61,216
Share conversion						186,160			(186,160)
Number at Sep. 30, 2021					17,093	10,551,338			3,947,206
Balance at Dec. 31, 2020		$ 445,051	$ 34,308	$ 234,965	$ 0			$ 4,000
Class A common shares purchased, at cost							$ (479)
Other comprehensive income (loss):
Change in unrealized holding losses			(18,948)
Unrealized foreign currency translation losses	$ (324)		(324)
Other comprehensive income (loss), net of tax	(19,272)		(19,272)
Net income (loss)	4,179			4,179
Preferred share distributions	(330)			(330)
Dividends/ Distribution to shareholders				(10,961)
Share compensation plans		3,725
Balance at Sep. 30, 2021	695,186	448,776	15,036	227,853	$ (479)
Number at Jun. 30, 2021					17,093	10,532,270		4,000	3,947,206
Class A common shares purchased							0
Forfeited shares					0
Common shares issued under share incentive plans, net of forfeitures						(2,404)
Common shares issued to directors						21,472
Share conversion						0			0
Number at Sep. 30, 2021					17,093	10,551,338			3,947,206
Balance at Jun. 30, 2021		447,804	18,968	239,272	$ (479)			$ 4,000
Class A common shares purchased, at cost							$ 0
Other comprehensive income (loss):
Change in unrealized holding losses			(3,768)
Unrealized foreign currency translation losses	(164)		(164)
Other comprehensive income (loss), net of tax	(3,932)		(3,932)
Net income (loss)	(7,713)			(7,713)
Preferred share distributions	(110)			(110)
Dividends/ Distribution to shareholders				(3,596)
Share compensation plans		972
Balance at Sep. 30, 2021	695,186	448,776	15,036	227,853	$ (479)
Number at Dec. 31, 2021					17,496	10,574,589		4,000	3,947,206
Class A common shares purchased							15,954
Forfeited shares					0
Common shares issued under share incentive plans, net of forfeitures						50,598
Common shares issued to directors						76,686
Share conversion						0			0
Number at Sep. 30, 2022					33,450	10,701,873			3,947,206
Balance at Dec. 31, 2021	706,621	447,406	6,404	249,301	$ (490)			$ 4,000
Class A common shares purchased, at cost							$ (414)
Other comprehensive income (loss):
Change in unrealized holding losses			(51,497)
Unrealized foreign currency translation losses	(244)		(244)
Other comprehensive income (loss), net of tax	(51,741)		(51,741)
Net income (loss)	(3,189)			(3,189)
Preferred share distributions	(330)			(330)
Dividends/ Distribution to shareholders				(11,089)
Share compensation plans		3,736
Balance at Sep. 30, 2022	643,594	451,142	(45,337)	234,693	$ (904)
Number at Jun. 30, 2022					33,450	10,675,757		4,000	3,947,206
Class A common shares purchased							0
Forfeited shares					0
Common shares issued under share incentive plans, net of forfeitures						0
Common shares issued to directors						26,116
Share conversion						0			0
Number at Sep. 30, 2022					33,450	10,701,873			3,947,206
Balance at Jun. 30, 2022		450,052	(26,625)	214,757	$ (904)			$ 4,000
Class A common shares purchased, at cost							$ 0
Other comprehensive income (loss):
Change in unrealized holding losses			(18,583)
Unrealized foreign currency translation losses	(129)
Other comprehensive income (loss), net of tax	(18,712)		18,712
Net income (loss)	23,746			23,746
Preferred share distributions	(110)			(110)
Dividends/ Distribution to shareholders				(3,700)
Share compensation plans		1,090
Balance at Sep. 30, 2022	$ 643,594	$ 451,142	$ (45,337)	$ 234,693	$ (904)

Consolidated Statements of Ch_2

Consolidated Statements of Changes in Shareholders' Equity (Parenthetical) - $ / shares	3 Months Ended
	Sep. 30, 2022	Sep. 30, 2021
Retained Earnings
Dividend payable, per share	$ 0.25	$ 0.25

Consolidated Statements of Cash

Consolidated Statements of Cash Flows - USD ($) $ in Thousands	9 Months Ended
	Sep. 30, 2022	Sep. 30, 2021
Cash flows from operating activities:
Net income (loss)	$ (3,189)	$ 4,179
Adjustments to reconcile net income (loss) to net cash provided by operating activities:
Amortization and depreciation	6,436	6,080
Amortization of debt issuance costs	41	106
Gross proceeds from sale of renewal rights related to Farm, Ranch & Stable business lines	(30,000)	0
Impairment loss on right of use lease assets	488	0
Impairment loss on software	508	0
Impairment loss on goodwill and intangible assets	5,657	0
Restricted stock and stock option expense	3,737	3,725
Deferred federal income taxes	3,418	(1,129)
Amortization of bond premium and discount, net	1,335	4,734
Net realized investment (gains) losses	33,067	(7,342)
Loss on extinguishment of debt	3,529	0
(Income) loss from equity method investments, net of distributions	6,362	(2,512)
Changes in:
Premium receivables, net	(32,270)	(16,739)
Reinsurance receivables, net	(8,677)	(4,190)
Funds held by ceding insurers	5,868	13,736
Unpaid losses and loss adjustment expenses	65,690	68,954
Unearned premiums	13,970	21,512
Ceded balances payable	(18,733)	468
Other assets and liabilities	(3,398)	(16,278)
Contingent commissions	454	(2,626)
Deferred acquisition costs	(9,833)	(5,074)
Prepaid reinsurance premiums	(2,711)	(1,550)
Net cash provided by operating activities	41,749	66,054
Cash flows from investing activities:
Proceeds from sale of fixed maturities	866,458	889,080
Proceeds from sale of equity securities	88,726	48,661
Proceeds from maturity of fixed maturities	54,228	71,137
Proceeds from maturity of preferred stock	0	666
Proceeds from other invested assets	108,066	14,183
Amounts received in connection with derivatives	4,390	685
Purchases of fixed maturities	(1,104,326)	(1,001,066)
Purchases of equity securities	(10,573)	(34,530)
Purchases of other invested assets	0	(70,000)
Gross proceeds from sale of renewal rights related to Farm, Ranch & Stable business lines	30,000	0
Net cash provided by (used for) investing activities	36,969	(81,184)
Cash flows from financing activities:
Distributions paid to common shareholders	(7,361)	(10,842)
Distributions paid to preferred shareholders	(330)	(330)
Purchases of class A common shares	(414)	(479)
Redemption of subordinated notes	(130,000)	0
Net cash used for financing activities	(138,105)	(11,651)
Net change in cash and cash equivalents	(59,387)	(26,781)
Cash and cash equivalents at beginning of period	78,278	67,359
Cash and cash equivalents at end of period	$ 18,891	$ 40,578

Principles of Consolidation and

Principles of Consolidation and Basis of Presentation	9 Months Ended
	Sep. 30, 2022
Organization Consolidation And Presentation Of Financial Statements [Abstract]
Principles of Consolidation and Basis of Presentation	1. Principles of Consolidation and Basis of Presentation Global Indemnity Group, LLC (“Global Indemnity” or “the Company”), a Delaware limited liability company formed on June 23, 2020 , replaced Global Indemnity Limited, incorporated in the Cayman Islands as an exempted company with limited liability, as the ultimate parent company of the Global Indemnity group of companies as a result of a redomestication transaction completed on August 28, 2020 . Global Indemnity Group, LLC’s class A common shares are publicly traded on the New York Stock Exchange under the ticker symbol GBLI. Global Indemnity Group, LLC’s predecessors have been publicly traded since 2003. See Note 2 of the notes to the consolidated financial statements in Item 8 Part II of the Company’s 2021 Annual Report on Form 10-K for additional information regarding the redomestication. On August 8, 2022, the Company sold the renewal rights related to all business lines within its Farm, Ranch & Stable segment for business written on or after August 8, 2022 to Everett Cash Mutual Insurance Company. During the 2nd quarter of 2022, the Company decided that Farm, Ranch & Stable would not be a core business and a decision was made to not allocate additional resources to this segment. Previously, on October 26, 2021, the Company sold the renewal rights related to its manufactured and dwelling homes products which were part of the Specialty Property segment. In 2021, the Company decided to cease writing certain Property Brokerage business which was part of the Commercial Specialty segment, as well as exit certain property and catastrophe lines within the Reinsurance Operations segment. Based on the decisions to exit these lines of business, the Company changed the way it manages and analyzes its operating results. The chief operating decision makers decided they will be reviewing the specific results of the Exited Lines in a separate segment. The chief operating decision makers also determined that the small amount of specialty property business that remained from the Specialty Property segment would be included as programs in the Commercial Specialty segment for purpose of reviewing results and allocating resources. The Reinsurance Operations segment continues to write casualty and professional treaties as well as individual excess policies. Accordingly, the Company has three reportable segments: Commercial Specialty, Reinsurance Operations, and Exited Lines. Management believes these segments allow users of the Company’s financial statements to better understand the Company's performance, better assess prospects for future net cash flows, and make more informed judgments about the Company as a whole. The segment results for the quarter and nine months ended September 30, 2021 have been revised to reflect these changes. See Note 17 for additional information regarding segments. Global Indemnity Group, LLC is a holding company that is classified as a publicly traded partnership for U.S. federal income tax purposes and meets the qualifying income exception to maintain partnership status. Global Indemnity Group, LLC owns all shares of its direct and indirect subsidiaries, including those of its insurance companies: United National Insurance Company, Diamond State Insurance Company, Penn-America Insurance Company, Penn-Star Insurance Company, Penn-Patriot Insurance Company, and American Reliable Insurance Company. The insurance companies’ primary activity is providing insurance products across a distribution network that includes binding authority, program, brokerage, and reinsurance. The insurance companies manage the distribution of these products through two ongoing business segments: Commercial Specialty and Reinsurance Operations. Commercial Specialty offers specialty property and casualty products designed for product lines such as small business binding authority, professional lines, excess casualty, environmental, InsurTech business, and specialized programs. These product lines are offered primarily in the excess and surplus lines marketplace. Reinsurance Operations provides reinsurance and insurance solutions through brokers and primary writers including insurance and reinsurance companies. The company also has an Exited Lines segment that contains lines of business that are no longer being written or are in runoff, including specialty personal lines and property and casualty products such as manufactured home, dwelling, motorcycle, watercraft, and certain homeowners business, certain business lines within property brokerage, property and catastrophe reinsurance treaties, and the farm, ranch and equine business. Collectively, the Company’s insurance subsidiaries are licensed in all 50 states, the District of Columbia, Puerto Rico, and the U.S. Virgin Islands. The Commercial Specialty segment comprises the Company’s Insurance Operations (“Insurance Operations”). The interim consolidated financial statements are unaudited, but have been prepared in conformity with United States of America generally accepted accounting principles (“GAAP”), which differs in certain respects from those principles followed in reports to insurance regulatory authorities. The preparation of consolidated financial statements in conformity with GAAP requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the consolidated financial statements and the reported amounts of revenues and expenses during the reporting period. Actual results could differ from those estimates. The unaudited consolidated financial statements include all adjustments that are, in the opinion of management, of a normal recurring nature and are necessary for a fair statement of results for the interim periods. Results of operations for the quarters and nine months ended September 30, 2022 and 2021 are not necessarily indicative of the results of a full year. The accompanying notes to the unaudited consolidated financial statements should be read in conjunction with the notes to the consolidated financial statements contained in the Company’s 2021 Annual Report on Form 10-K. The consolidated financial statements include the accounts of Global Indemnity Group, LLC and its wholly owned subsidiaries. All intercompany balances and transactions have been eliminated in consolidation.

Sale of Renewal Rights

Sale of Renewal Rights	9 Months Ended
	Sep. 30, 2022
Disposal Group, Not Discontinued Operation, Disposal Disclosures [Abstract]
Sale of Renewal Rights	2. Sale of Renewal Rights On August 8, 2022, the Company sold the renewal rights related to all business lines within its Farm, Ranch & Stable segment for business written on or after August 8, 2022 to Everett Cash Mutual Insurance Company for $ 30.0 million. The Company will retain the unearned premium reserves for business written prior to August 8, 2022. Everett Cash Mutual Insurance Company is also acquiring the Company’s wholly owned subsidiary, American Reliable Insurance Company, for book value which is expected to be $ 10.0 million at the time of closing. The transaction is subject to receiving regulatory approval which is expected to be received during the 4th quarter of 2022. Under the agreements, total consideration to be paid by Everett Cash Mutual Insurance Company is $ 40.0 million. The gross proceeds from this sale of $ 30.0 million are included in other income on the Company’s consolidated statements of operations. In addition, the Company also recorded an impairment of goodwill, intangible assets, software, and lease costs in the amount of $ 0.6 million, $ 5.1 million, $ 0.5 million, and $ 0.5 million, respectively. Legal expenses and merger and acquisition fees related to the sale were $ 2.5 million. The impairments, le gal expenses, and merger and acquisition fees are included in corporate and other operating expenses on the Company’s consolidated statements of operations for the quarter and nine months ended September 30, 2022. See Note 6 for additional information on the impairment of goodwill and intangible assets and Note 11 for additional information on impairment of leases.

Investments

Investments	9 Months Ended
	Sep. 30, 2022
Investments Debt And Equity Securities [Abstract]
Investments	3. Investments The amortized cost and estimated fair value of the Company’s fixed maturities securities were as follows as of September 30, 2022 and December 31, 2021: (Dollars in thousands) Amortized Allowance for Expected Credit Losses Gross Gross Estimated As of September 30, 2022 Fixed maturities: U.S. treasuries $ 407,592 $ — $ 9 $ ( 9,266 ) $ 398,335 Obligations of states and political subdivisions 34,879 — — ( 1,845 ) 33,034 Mortgage-backed securities 69,971 — 371 ( 4,561 ) 65,781 Asset-backed securities 160,425 — 9 ( 8,561 ) 151,873 Commercial mortgage-backed securities 107,748 — 26 ( 5,755 ) 102,019 Corporate bonds 349,487 — 9 ( 16,701 ) 332,795 Foreign corporate bonds 206,912 — 7 ( 9,682 ) 197,237 Total fixed maturities $ 1,337,014 $ — $ 431 $ ( 56,371 ) $ 1,281,074 (Dollars in thousands) Amortized Allowance for Expected Credit Losses Gross Gross Estimated As of December 31, 2021 Fixed maturities: U.S. treasuries $ 149,934 $ — $ 603 $ ( 419 ) $ 150,118 Agency obligations 5,697 — 1 ( 68 ) 5,630 Obligations of states and political subdivisions 53,637 — 1,385 ( 301 ) 54,721 Mortgage-backed securities 250,007 — 2,618 ( 2,284 ) 250,341 Asset-backed securities 172,916 — 700 ( 974 ) 172,642 Commercial mortgage-backed securities 135,017 — 2,503 ( 627 ) 136,893 Corporate bonds 288,866 — 5,571 ( 2,054 ) 292,383 Foreign corporate bonds 137,672 — 2,370 ( 904 ) 139,138 Total fixed maturities $ 1,193,746 $ — $ 15,751 $ ( 7,631 ) $ 1,201,866 As of September 30, 2022 and December 31, 2021, the Company’s investments in equity securities consist of the following: (Dollars in thousands) September 30, 2022 December 31, 2021 Common stock $ 1,070 $ 75,987 Preferred stock 16,936 23,991 Total $ 18,006 $ 99,978 Excluding U.S. treasuries, limited liability companies, and limited partnerships, the Company did not hold any debt or equity investments in a single issuer in excess of 2.0 % of shareholders' equity at September 30, 2022 and December 31, 2021. The amortized cost and estimated fair value of the Company’s fixed maturities portfolio classified as available for sale at September 30, 2022, by contractual maturity, are shown below. Actual maturities may differ from contractual maturities because borrowers may have the right to call or prepay obligations with or without call or prepayment penalties. (Dollars in thousands) Amortized Estimated Due in one year or less $ 82,727 $ 81,807 Due in one year through five years 868,488 838,908 Due in five years through ten years 33,402 29,112 Due in ten years through fifteen years 203 196 Due after fifteen years 14,050 11,378 Mortgage-backed securities 69,971 65,781 Asset-backed securities 160,425 151,873 Commercial mortgage-backed securities 107,748 102,019 Total $ 1,337,014 $ 1,281,074 The following table contains an analysis of the Company’s fixed income securities with gross unrealized losses that are not deemed to have credit losses, categorized by the period that the securities were in a continuous loss position as of September 30, 2022. The fair value amounts reported in the table are estimates that are prepared using the process described in Note 5. Less than 12 months 12 months or longer Total (Dollars in thousands) Fair Value Gross Fair Value Gross Fair Value Gross Fixed maturities: U.S. treasuries $ 391,828 $ ( 8,690 ) $ 4,676 $ ( 576 ) $ 396,504 $ ( 9,266 ) Obligations of states and political subdivisions 29,830 ( 1,360 ) 3,205 ( 485 ) 33,035 ( 1,845 ) Mortgage-backed securities 50,421 ( 3,996 ) 3,926 ( 565 ) 54,347 ( 4,561 ) Asset-backed securities 106,690 ( 5,007 ) 43,973 ( 3,554 ) 150,663 ( 8,561 ) Commercial mortgage-backed securities 81,892 ( 4,657 ) 17,245 ( 1,098 ) 99,137 ( 5,755 ) Corporate bonds 303,246 ( 12,855 ) 27,912 ( 3,846 ) 331,158 ( 16,701 ) Foreign corporate bonds 170,675 ( 7,964 ) 20,892 ( 1,718 ) 191,567 ( 9,682 ) Total fixed maturities $ 1,134,582 $ ( 44,529 ) $ 121,829 $ ( 11,842 ) $ 1,256,411 $ ( 56,371 ) The following table contains an analysis of the Company’s fixed income securities with gross unrealized losses that are not deemed to have credit losses, categorized by the period that the securities were in a continuous loss position as of December 31, 2021. The fair value amounts reported in the table are estimates that are prepared using the process described in Note 5. Less than 12 months 12 months or longer Total (Dollars in thousands) Fair Value Gross Fair Value Gross Fair Value Gross Fixed maturities: U.S. treasuries $ 114,894 $ ( 390 ) $ 970 $ ( 29 ) $ 115,864 $ ( 419 ) Agency obligations 5,380 ( 68 ) — — 5,380 ( 68 ) Obligations of states and political subdivisions 13,346 ( 301 ) — — 13,346 ( 301 ) Mortgage-backed securities 143,674 ( 2,222 ) 3,009 ( 62 ) 146,683 ( 2,284 ) Asset-backed securities 102,309 ( 703 ) 10,662 ( 271 ) 112,971 ( 974 ) Commercial mortgage-backed securities 50,448 ( 466 ) 1,286 ( 161 ) 51,734 ( 627 ) Corporate bonds 129,146 ( 1,954 ) 2,633 ( 100 ) 131,779 ( 2,054 ) Foreign corporate bonds 67,915 ( 893 ) 412 ( 11 ) 68,327 ( 904 ) Total fixed maturities $ 627,112 $ ( 6,997 ) $ 18,972 $ ( 634 ) $ 646,084 $ ( 7,631 ) The Company regularly performs various analytical valuation procedures with respect to its investments, including reviewing each available for sale debt security in an unrealized loss position to assess whether the decline in fair value below amortized cost basis has resulted from a credit loss or other factors. In assessing whether a credit loss exists, the Company compares the present value of the cash flows expected to be collected from the security to the amortized cost basis of the security. If the present value of the cash flows expected to be collected is less than the amortized cost basis of the security, a credit loss exists and an allowance for expected credit losses is recorded. Subsequent changes in the allowances are recorded in the period of change as either credit loss expense or reversal of credit loss expense. Any impairments related to factors other than credit losses and the intent to sell are recorded through other comprehensive income, net of taxes. For fixed maturities, the factors considered in reaching the conclusion that a credit loss exists include, among others, whether: (1) the extent to which the fair value is less than the amortized cost basis; (2) the issuer is in financial distress; (3) the investment is secured; (4) a significant credit rating action occurred; (5) scheduled interest payments were delayed or missed; (6) changes in laws or regulations have affected an issuer or industry; (7) the investment has an unrealized loss and was identified by the Company’s investment manager as an investment to be sold before recovery or maturity; (8) the investment failed cash flow projection testing to determine if anticipated principal and interest payments will be realized; and (9) changes in US Treasury rates and/or credit spreads since original purchase to identify whether the unrealized loss is simply due to interest rate movement. According to accounting guidance for debt securities in an unrealized loss position, the Company is required to assess whether it has the intent to sell the debt security or more likely than not will be required to sell the debt security before the anticipated recovery. If either of these conditions is met, any allowance for expected credit losses is written off and the amortized cost basis is written down to the fair value of the fixed maturity security with any incremental impairment reported in earnings. That new amortized cost basis shall not be adjusted for subsequent recoveries in fair value. The Company elected the practical expedient to exclude accrued interest from both the fair value and the amortized cost basis of the available for sale debt securities for the purposes of identifying and measuring an impairment and to not measure an allowance for expected credit losses for accrued interest receivables. Accrued interest receivable is written off through net realized investment gains (losses) at the time the issuer of the bond defaults or is expected to default on payment. The Company made an accounting policy election to present the accrued interest receivable balance with other assets on the Company’s consolidated statements of financial position. Accrued interest receivable related to fixed maturities was $ 6.9 million and $ 5.2 million as of September 30, 2022 and December 31, 2021 , respectively. The following is a description, by asset type, of the methodology and significant inputs that the Company used to measure the amount of credit loss recognized in earnings, if any: U.S. treasuries – As of September 30, 2022, gross unrealized losses related to U.S. treasuries were $ 9.266 million . To assess whether the decline in fair value below amortized cost has resulted from a credit loss or other factors, macroeconomic and market analysis is conducted in evaluating these securities. Consideration is given to the interest rate environment, duration and yield curve management of the portfolio, sector allocation and security selection. Based on the analysis performed, the Company did not recognize a credit loss on U.S. treasuries during the period. Obligations of states and political subdivisions – As of September 30, 2022, gross unrealized losses related to obligations of states and political subdivisions were $ 1.845 million . To assess whether the decline in fair value below amortized cost has resulted from a credit loss or other factors, elements that may influence the performance of the municipal bond market are considered in evaluating these securities such as investor expectations, supply and demand patterns, and current versus historical yield and spread relationships. The analysis relies on the output of fixed income credit analysts, as well as dedicated municipal bond analysts who perform extensive in-house fundamental analysis on each issuer, regardless of their rating by the major agencies. Based on the analysis performed, the Company did not recognize a credit loss on obligations of states and political subdivisions during the period. Mortgage-backed securities (“MBS”) – As of September 30, 2022, gross unrealized losses related to mortgage-backed securities were $ 4.561 million . To assess whether the decline in fair value below amortized cost has resulted from a credit loss or other factors, mortgage-backed securities are modeled to project principal losses under downside, base, and upside scenarios for the economy and home prices. The primary assumption that drives the security and loan level modeling is the Home Price Index (“HPI”) projection. These forecasts incorporate not just national macro-economic trends, but also regional impacts to arrive at the most granular and accurate projections. These assumptions are incorporated into the model as a basis to generate delinquency probabilities, default curves, loss severity curves, and voluntary prepayment curves at the loan level within each deal. The model utilizes HPI-adjusted current loan to value, payment history, loan terms, loan modification history, and borrower characteristics as inputs to generate expected cash flows and principal loss for each bond under various scenarios. Based on the analysis performed, the Company did not recognize a credit loss on mortgage-backed securities during the period. Asset backed securities (“ABS”) - As of September 30, 2022, gross unrealized losses related to asset backed securities were $ 8.561 million . The weighted average credit enhancement for the Company’s asset backed portfolio is 32.5 . This represents the percentage of pool losses that can occur before an asset backed security will incur its first dollar of principal losses. To assess whether the decline in fair value below amortized cost has resulted from a credit loss or other factors, every ABS transaction is analyzed on a stand-alone basis. This analysis involves a thorough review of the collateral, prepayment, and structural risk in each transaction. Additionally, the analysis includes an in-depth credit analysis of the originator and servicer of the collateral. The analysis projects an expected loss for a deal given a set of assumptions specific to the asset type. These assumptions are used to calculate at what level of losses the deal will incur its first dollar of principal loss. The major assumptions used to calculate this ratio are loss severities, recovery lags, and no advances on principal and interest. Based on the analysis performed, the Company did not recognize a credit loss on asset backed securities during the period. Commercial mortgage-backed securities (“CMBS”) - As of September 30, 2022, gross unrealized losses related to the CMBS portfolio were $ 5.755 million . The weighted average credit enhancement for the Company’s CMBS portfolio is 47.0 . This represents the percentage of pool losses that can occur before a commercial mortgage-backed security will incur its first dollar of principal loss. To assess whether the decline in fair value below amortized cost has resulted from a credit loss or other factors, a loan level analysis is utilized where every underlying CMBS loan is re-underwritten based on a set of assumptions reflecting expectations for the future path of the economy. Each loan is analyzed over time using a series of tests to determine if a credit event will occur during the life of the loan. Inherent in this process are several economic scenarios and their corresponding rent/vacancy and capital market states. The five primary credit events that frame the analysis include loan modifications, term default, balloon default, extension, and ability to pay off at balloon. The resulting output is the expected loss adjusted cash flows for each bond under the base case and distressed scenarios. Based on the analysis performed, the Company did not recognize a credit loss on commercial mortgage-backed securities during the period. Corporate bonds - As of September 30, 2022, gross unrealized losses related to corporate bonds were $ 16.701 million . To assess whether the decline in fair value below amortized cost has resulted from a credit loss or other factors, analysis for this asset class includes maintaining detailed financial models that include a projection of each issuer’s future financial performance, including prospective debt servicing capabilities, capital structure composition, and the value of the collateral. The analysis incorporates the macroeconomic environment, industry conditions in which the issuer operates, the issuer’s current competitive position, its vulnerability to changes in the competitive and regulatory environment, issuer liquidity, issuer commitment to bondholders, issuer creditworthiness, and asset protection. Part of the process also includes running downside scenarios to evaluate the expected likelihood of default as well as potential losses in the event of default. Based on the analysis performed, the Company did not recognize a credit loss on corporate bonds during the period. Foreign bonds – As of September 30, 2022, gross unrealized losses related to foreign bonds were $ 9.682 million . To assess whether the decline in fair value below amortized cost has resulted from a credit loss or other factors, detailed financial models are maintained that include a projection of each issuer’s future financial performance, including prospective debt servicing capabilities, capital structure composition, and the value of the collateral. The analysis incorporates the macroeconomic environment, industry conditions in which the issuer operates, the issuer’s current competitive position, its vulnerability to changes in the competitive and regulatory environment, issuer liquidity, issuer commitment to bondholders, issuer creditworthiness, and asset protection. Part of the process also includes running downside scenarios to evaluate the expected likelihood of default as well as potential losses in the event of default. Based on the analysis performed, the Company did not recognize a credit loss on foreign bonds during the period. The Company has evaluated its investment portfolio and has determined that an allowance for expected credit losses on its investments is not required. The Company recorded the following impairments on its investment portfolio for the quarters and nine months ended September 30, 2022 and 2021 and are related to securities in an unrealized loss position where the Company had an intent to sell the securities: Quarters Ended September 30, Nine Months Ended September 30, (Dollars in thousands) 2022 2021 2022 2021 Fixed maturities: Impairment related to intent to sell — — ( 26,205 ) — Total $ — $ — $ ( 26,205 ) $ — In response to a rising interest rate environment, the Company took action early in April 2022 to shorten the duration of its fixed maturities portfolio. The Company identified fixed maturities securities with a weighted average life of five years or greater as having an intent to sell. Most of the proceeds from the sale of these securities were reinvested into fixed income investments with maturities of two years and less. Accumulated Other Comprehensive Income (Loss), Net of Tax Accumulated other comprehensive income, net of tax, as of September 30, 2022 and December 31, 2021 was as follows: (Dollars in thousands) September 30, 2022 December 31, 2021 Net unrealized gains (losses) from: Fixed maturities $ ( 55,940 ) $ 8,120 Foreign currency fluctuations ( 454 ) ( 145 ) Deferred taxes 11,057 ( 1,571 ) Accumulated other comprehensive income (loss), net of tax $ ( 45,337 ) $ 6,404 The following tables present the changes in accumulated other comprehensive income, net of tax, by components, for the quarters and nine months ended September 30, 2022 and 2021: Quarter Ended September 30, 2022 Unrealized Gains and Losses on Available for Sale Securities Foreign Currency Items Accumulated Other Comprehensive Income (Loss) Beginning balance, net of tax $ ( 26,395 ) $ ( 230 ) $ ( 26,625 ) Other comprehensive (loss) before reclassification, before tax ( 23,133 ) ( 163 ) ( 23,296 ) Amounts reclassified from accumulated other comprehensive income, before tax 259 — 259 Other comprehensive (loss), before tax ( 22,874 ) ( 163 ) ( 23,037 ) Income tax benefit 4,291 34 4,325 Ending balance, net of tax $ ( 44,978 ) $ ( 359 ) $ ( 45,337 ) Quarter Ended September 30, 2021 Unrealized Gains and Losses on Available for Sale Securities Foreign Currency Items Accumulated Other Comprehensive Income Beginning balance, net of tax $ 19,001 $ ( 33 ) $ 18,968 Other comprehensive (loss) before reclassification, before tax ( 3,190 ) ( 208 ) ( 3,398 ) Amounts reclassified from accumulated other comprehensive income, before tax ( 1,447 ) — ( 1,447 ) Other comprehensive (loss), before tax ( 4,637 ) ( 208 ) ( 4,845 ) Income tax benefit 869 44 913 Ending balance, net of tax $ 15,233 $ ( 197 ) $ 15,036 Nine Months Ended September 30, 2022 Unrealized Gains and Losses on Available for Sale Securities Foreign Currency Items Accumulated Other Comprehensive Income Beginning balance, net of tax $ 6,519 $ ( 115 ) $ 6,404 Other comprehensive (loss) before reclassification, before tax ( 102,400 ) ( 309 ) ( 102,709 ) Amounts reclassified from accumulated other comprehensive income, before tax 38,340 — 38,340 Other comprehensive (loss), before tax ( 64,060 ) ( 309 ) ( 64,369 ) Income tax benefit 12,563 65 12,628 Ending balance, net of tax $ ( 44,978 ) $ ( 359 ) $ ( 45,337 ) Nine Months Ended September 30, 2021 Unrealized Gains and Losses on Available for Sale Securities Foreign Currency Items Accumulated Other Comprehensive Income Beginning balance, net of tax $ 34,181 $ 127 $ 34,308 Other comprehensive (loss) before reclassification, before tax ( 22,579 ) ( 410 ) ( 22,989 ) Amounts reclassified from accumulated other comprehensive income, before tax ( 741 ) — ( 741 ) Other comprehensive (loss), before tax ( 23,320 ) ( 410 ) ( 23,730 ) Income tax benefit 4,372 86 4,458 Ending balance, net of tax $ 15,233 $ ( 197 ) $ 15,036 The reclassifications out of accumulated other comprehensive income for the quarters and nine months ended September 30, 2022 and 2021 were as follows: Amounts Reclassified from (Dollars in thousands) Quarters Ended September 30, Details about Accumulated Other Affected Line Item in the Consolidated 2022 2021 Unrealized gains and losses on available for sale securities Other net realized investment (gains) losses $ 259 $ ( 1,447 ) Income tax expense (benefit) ( 65 ) 315 Total reclassifications, net of tax $ 194 $ ( 1,132 ) Amounts Reclassified from (Dollars in thousands) Nine Months Ended September 30, Details about Accumulated Other Affected Line Item in the Consolidated 2022 2021 Unrealized gains and losses on available for sale securities Other net realized investment (gains) losses $ 38,340 $ ( 741 ) Income tax expense (benefit) ( 7,184 ) 130 Total reclassifications, net of tax $ 31,156 $ ( 611 ) Net Realized Investment Gains (Losses) The components of net realized investment gains (losses) for the quarters and nine months ended September 30, 2022 and 2021 were as follows: Quarters Ended September 30, Nine Months Ended September 30, (Dollars in thousands) 2022 2021 2022 2021 Fixed maturities: Gross realized gains $ 226 $ 3,364 $ 512 $ 9,042 Gross realized losses ( 485 ) ( 1,917 ) ( 38,852 ) ( 8,301 ) Net realized gains (losses) ( 259 ) 1,447 ( 38,340 ) 741 Equity securities: Gross realized gains 159 1,629 1,803 8,577 Gross realized losses ( 219 ) ( 3,291 ) ( 5,623 ) ( 2,476 ) Net realized gains (losses) ( 60 ) ( 1,662 ) ( 3,820 ) 6,101 Derivatives: Gross realized gains 2,906 1,267 11,867 4,985 Gross realized losses ( 353 ) ( 1,362 ) ( 2,774 ) ( 4,485 ) Net realized gains (losses) (1) 2,553 ( 95 ) 9,093 500 Total net realized investment gains (losses) $ 2,234 $ ( 310 ) $ ( 33,067 ) $ 7,342 (1) Includes periodic net interest settlements related to the derivatives of $ 0.5 million and $ 1.4 million for the quarters ended September 30, 2022 and 2021, respectively, and $ 3.0 million a nd $ 4.2 million for the nine months ended September 30, 2022 and 2021 , respectively. The following table shows the calculation of the portion of realized gains and losses related to equity securities held as of September 30, 2022 and 2021: Quarters Ended September 30, Nine Months Ended September 30, (Dollars in thousands) 2022 2021 2022 2021 Net gains (losses) recognized during the period on equity securities $ ( 60 ) $ ( 1,662 ) $ ( 3,820 ) $ 6,101 Less: net gains (losses) recognized during the period on equity securities sold during the period — 1,005 10,616 3,810 Unrealized gains (losses) recognized during the reporting period on equity securities $ ( 60 ) $ ( 2,667 ) $ ( 14,436 ) $ 2,291 The proceeds from sales and redemptions of available for sale and equity securities resulting in net realized investm ent gains (losses) for the nine months ended September 30, 2022 and 2021 were as follows: Nine Months Ended September 30, (Dollars in thousands) 2022 2021 Fixed maturities $ 866,458 $ 889,080 Equity securities 88,726 48,661 Net Investment Income The sources of net investment income for the quarters and nine months ended September 30, 2022 and 2021 were as follows: Quarters Ended September 30, Nine Months Ended September 30, (Dollars in thousands) 2022 2021 2022 2021 Fixed maturities $ 9,595 $ 6,197 $ 23,466 $ 19,672 Equity securities 233 699 842 1,992 Cash and cash equivalents 89 64 220 328 Other invested assets ( 1,061 ) 3,050 ( 5,935 ) 9,835 Total investment income 8,856 10,010 18,593 31,827 Investment expense ( 467 ) ( 666 ) ( 1,682 ) ( 2,014 ) Net investment income $ 8,389 $ 9,344 $ 16,911 $ 29,813 The Company’s total investment return on a pre-tax basis for the quarters and nine months ended September 30, 2022 and 2021 were as follows: Quarters Ended September 30, Nine Months Ended September 30, (Dollars in thousands) 2022 2021 2022 2021 Net investment income $ 8,389 $ 9,344 $ 16,911 $ 29,813 Net realized investment gains (losses) 2,234 ( 310 ) ( 33,067 ) 7,342 Change in unrealized holding gains (losses) ( 23,037 ) ( 4,845 ) ( 64,369 ) ( 23,730 ) Net realized and unrealized investment returns ( 20,803 ) ( 5,155 ) ( 97,436 ) ( 16,388 ) Total investment return $ ( 12,414 ) $ 4,189 $ ( 80,525 ) $ 13,425 Total investment return % (1) ( 0.9 %) 0.3 % ( 5.6 %) 0.9 % Average investment portfolio (2) $ 1,341,285 $ 1,481,220 $ 1,444,037 $ 1,468,080 (1) Not annualized. (2) Average of total cash and invested assets, net of receivable/payable for securities purchased and sold, as of the beginning and end of the period. As of September 30, 2022 and December 31, 2021, the Compa ny did no t own any fixed maturity securities that were non-income producing for the preceding twelve months. Insurance Enhanced Asset-Backed and Credit Securities As of September 30, 2022 , the Company held insurance enhanced bonds with a market value of approximately $ 19.0 million which represented 1.4 % of the Company’s total cash and invested assets, net of payable/ receivable for securities purchased and sold. The insurance enhanced bonds are comprised of $ 6.8 million of municipal bonds, $ 4.4 million of commercial mortgage-backed securities, and 7.8 million of collateralized mortgage obligations. The financial guarantors of the Company’s $ 19.0 million of insurance enhanced commercial-mortgage-backed, municipal securities, and collateralized mortgage obligations include Assured Guaranty Corporation ($ 5.4 million ), Federal Home Loan Mortgage Corporation ($ 12.1 million ), and Ambac Financial Group ($ 1.5 million ). The Company had no direct investments in the entities that have provided financial guarantees or other credit support to any security held by the Company at September 30, 2022. Bonds Held on Deposit Certain cash balances, cash equivalents, and bonds available for sale were deposited with various governmental authorities in accordance with statutory requirements, were held as collateral, or were held in trust. The fair values were as follows as of September 30, 2022 and December 31, 2021: Estimated Fair Value (Dollars in thousands) September 30, 2022 December 31, 2021 On deposit with governmental authorities $ 23,954 $ 26,093 Held in trust pursuant to third party requirements 105,640 119,513 Letter of credit held for third party requirements — 2,512 Total $ 129,594 $ 148,118 Variable Interest Entities A Variable Interest Entity (“VIE”) refers to an investment in which an investor holds a controlling interest that is not based on the majority of voting rights. Under the VIE model, the party that has the power to exercise significant management influence and maintain a controlling financial interest in the entity’s economics is said to be the primary beneficiary, and is required to consolidate the entity within their results. Other entities that participate in a VIE, for which their financial interests fluctuate with changes in the fair value of the investment entity’s net assets but do not have significant management influence and the ability to direct the VIE’s significant economic activities are said to have a variable interest in the VIE but do not consolidate the VIE in their financial results. The Company has variable interests in three VIE’s for which it is not the primary beneficiary. These investments are accounted for under the equity method of accounting as their ownership interest exceeds 3 % of their respective investments. The carrying value of one of the Company’s VIE’s, which invests in distressed securities and assets, was $ 4.8 million and $ 8.6 million as of September 30, 2022 and December 31, 2021 , respectively. The Company’s maximum exposure to loss from this VIE, which factors in future funding commitments, was $ 19.0 million and $ 22.8 million at September 30, 2022 and December 31, 2021 , respectively. The carrying value of a second VIE that also invests in distressed securities and assets was less than $ 0.1 million and $ 0.3 million at September 30, 2022 and December 31, 2021 , respectively. The Company’s maximum exposure to loss from this VIE, which factors in future funding commitments, was $ 17.0 million and $ 17.3 million at September 30, 2022 and December 31, 2021, respectively. The carrying value and maximum exposure to loss of a third VIE that invests in Real Estate Investment Trust (“REIT”) qualifying assets was $ 9.6 million and $ 11.7 million as of September 30, 2022 and December 31, 2021, respectively. The Company’s investment in VIEs is included i n other invested assets on the consolidated balance sheets with changes in carrying value recorded in the consolidated statements of operations.

Derivative Instruments

Derivative Instruments	9 Months Ended
	Sep. 30, 2022
Derivative Instruments And Hedging Activities Disclosure [Abstract]
Derivative Instruments	4. Derivative Instruments Derivatives are used by the Company to reduce risks from changes in interest rates and limit exposure to severe equity market changes. The Company has interest rate swaps with terms to exchange, at specified intervals, the difference between fixed rate and floating rate interest amounts as calculated by reference to an agreed notional amount. The Company has also used exchange-traded futures contracts, which give the holder the right and obligation to participate in market movements at a future date, to allow the Company to react faster to market conditions. When using derivatives, the Company posts collateral and settles variation margin in cash on a daily basis equal to the amount of the derivatives’ change in value. The Company accounts for the interest rate swaps and futures as non-hedge instruments and recognizes the fair value of the interest rate swaps in other assets or other liabilities on the consolidated balance sheets with the changes in fair value recognized as net realized investment gains or losses in the consolidated statements of operations. The Company is ultimately responsible for the valuation of the interest rate swaps. To aid in determining the estimated fair value of the interest rate swaps, the Company relies on the forward interest rate curve and information obtained from a third party financial institution. The following table summarizes information on the location and the gross amount of the derivatives on the consolidated balance sheets as of September 30, 2022 and December 31, 2021: (Dollars in thousands) September 30, 2022 December 31, 2021 Derivatives Not Designated as Balance Sheet Location Notional Amount Fair Value Notional Amount Fair Value Interest rate swap agreements Other assets/liabilities $ 213,022 $ 3,472 $ 213,022 $ ( 8,395 ) Total (1) $ 213,022 $ 3,472 $ 213,022 $ ( 8,395 ) (1) The derivatives are held by GBLI Holdings, LLC and are guaranteed by Global Indemnity Group, LLC The following table summarizes the net gains (losses) included in the consolidated statements of operations for changes in the fair value of the derivatives and the periodic net interest settlements under the derivatives for the quarters and nine months ended September 30, 2022 and 2021: Quarters Ended September 30, Nine Months Ended September 30, (Dollars in thousands) Consolidated Statements of Operations Line 2022 2021 2022 2021 Interest rate swap agreements Net realized investment gains (losses) $ 2,553 $ ( 95 ) $ 9,093 $ 819 Futures contracts on bonds Net realized investment gains (losses) — — — ( 319 ) Total $ 2,553 $ ( 95 ) $ 9,093 $ 500 As of September 30, 2022 and December 31, 2021, the Company is due $ 1.6 million and $ 1.8 million, respectively, for funds it needed to post to execute the swap transaction and $ 2.3 million and $ 9.8 million, respectively, for margin calls made in connection with the interest rate swaps. These amounts are included in other assets on the consolidated balance sheets.

Fair Value Measurements

Fair Value Measurements	9 Months Ended
	Sep. 30, 2022
Fair Value Disclosures [Abstract]
Fair Value Measurements	5. Fair Value Measurements The accounting standards related to fair value measurements define fair value, establish a framework for measuring fair value, outline a fair value hierarchy based on inputs used to measure fair value, and enhance disclosure requirements for fair value measurements. These standards do not change existing guidance as to whether or not an instrument is carried at fair value. The Company has determined that its fair value measurements are in accordance with the requirements of these accounting standards. The Company’s invested assets and derivative instruments are carried at their fair value and are categorized based upon a fair value hierarchy: • Level 1 – inputs utilize quoted prices (unadjusted) in active markets for identical assets that the Company has the ability to access at the measurement date. • Level 2 – inputs utilize other than quoted prices included in Level 1 that are observable for similar assets, either directly or indirectly. • Level 3 – inputs are unobservable for the asset, and include situations where there is little, if any, market activity for the asset. In certain cases, the inputs used to measure fair value may fall into different levels of the fair value hierarchy. In such cases, the level in the fair value hierarchy within which the fair value measurement falls has been determined based on the lowest level input that is significant to the fair value measurement in its entirety. The Company’s assessment of the significance of a particular input to the fair value measurement in its entirety requires judgment, and considers factors specific to the asset. The following table presents information about the Company’s invested assets and derivative instruments measured at fair value on a recurring basis as of September 30, 2022 and December 31, 2021 and indicates the fair value hierarchy of the valuation techniques utilized by the Company to determine such fair value. Fair Value Measurements As of September 30, 2022 Level 1 Level 2 Level 3 Total Fixed maturities: U.S. treasuries $ 398,335 $ — $ — $ 398,335 Obligations of states and political subdivisions — 33,034 — 33,034 Mortgage-backed securities — 64,820 961 65,781 Commercial mortgage-backed securities — 102,019 — 102,019 Asset-backed securities — 151,521 352 151,873 Corporate bonds — 330,931 1,864 332,795 Foreign corporate bonds — 197,237 — 197,237 Total fixed maturities 398,335 879,562 3,177 1,281,074 Equity securities — 16,936 1,070 18,006 Derivative instruments — 3,472 — 3,472 Total assets measured at fair value $ 398,335 $ 899,970 $ 4,247 $ 1,302,552 Fair Value Measurements As of December 31, 2021 Level 1 Level 2 Level 3 Total Assets: Fixed maturities: U.S. treasuries $ 150,118 $ — $ — $ 150,118 Agency obligations — 5,630 — 5,630 Obligations of states and political subdivisions — 54,721 — 54,721 Mortgage-backed securities — 250,341 — 250,341 Commercial mortgage-backed securities — 136,893 — 136,893 Asset-backed securities — 171,686 956 172,642 Corporate bonds — 290,807 1,576 292,383 Foreign corporate bonds — 139,138 — 139,138 Total fixed maturities 150,118 1,049,216 2,532 1,201,866 Equity securities 75,750 23,991 237 99,978 Total assets measured at fair value $ 225,868 $ 1,073,207 $ 2,769 $ 1,301,844 Liabilities: Derivative instruments $ — $ 8,395 $ — $ 8,395 Total liabilities measured at fair value $ — $ 8,395 $ — $ 8,395 The securities classified as Level 1 in the above table consist of U.S. treasuries and equity securities actively traded on an exchange. The securities classified as Level 2 in the above table consist of fixed maturities, equity securities, and derivative instruments. Based on the typical trading volumes and the lack of quoted market prices for fixed maturities, security prices are derived through recent reported trades for identical or similar securities making adjustments through the reporting date based upon available market observable information. If there are no recent reported trades, matrix or model processes are used to develop a security price where future cash flow expectations are developed based upon collateral performance and discounted at an estimated market rate. Included in the pricing of asset-backed securities, collateralized mortgage obligations, and mortgage-backed securities are estimates of the rate of future prepayments of principal over the remaining life of the securities. Such estimates are derived based on the characteristics of the underlying structure and prepayment speeds previously experienced at the interest rate levels projected for the underlying collateral. The estimated fair value of the derivative instruments, consisting of interest rate swaps, is obtained from a third party financial institution that utilizes observable inputs such as the forward interest rate curve. The investments classified as Level 3 in the above table consist of fixed maturities and equity securities with unobservable inputs. The following table presents changes in Level 3 investments measured at fair value on a recurring basis for the quarters and nine months ended September 30, 2022 and 2021: Quarters Ended Nine Months Ended (Dollars in thousands) 2022 2021 2022 2021 Beginning balance $ 4,350 $ 1,235 $ 2,769 $ — Total gains (realized / unrealized): Included in accumulated other comprehensive income ( 45 ) 66 ( 29 ) 34 Included in earnings attributable to realized ( 4 ) — ( 175 ) — Transfers into level 3 — 96 857 798 Transfers out of level 3 — — — ( 1,720 ) Amortization of bond premium and discount, net 2 1 4 1 Purchases 596 201 2,075 2,486 Sales ( 652 ) ( 61 ) ( 1,254 ) ( 61 ) Ending balance $ 4,247 1,538 $ 4,247 1,538 Gains (losses) included in earnings attributable to the change in unrealized gains (losses) related to assets still held at end of reporting period $ ( 4 ) $ — $ ( 19 ) $ — For the Company’s material debt arrangements, the current fair value of the Company’s debt at September 30, 2022 and December 31, 2021 was as follows: September 30, 2022 December 31, 2021 (Dollars in thousands) Carrying Value Fair Value Carrying Value Fair Value 7.875% Subordinated Notes due 2047 (1) $ — $ — $ 126,430 $ 129,238 Total $ — $ — $ 126,430 $ 129,238 (1) As of December 31, 2021 , the carrying value and fair value of the 7.875 % Subordinated Notes due 2047 are net of unamortized debt issuance cost of $ 3.6 million. In April 2022, the Company redeemed all of its outstanding 7.875 % subordinated notes due 2047 and unamortized debt issuance cost of $ 3.5 million was written off included in the consolidated statements of operations as loss on extinguishment of debt. The subordinated notes due 2047 were publicly traded instruments which were classified as Level 1 in the fair value hierarchy. Fair Value of Alternative Investments Other invested assets consist of limited liability companies and limited partnerships whose carrying value approximates fair value. The following table provides the fair value and future funding commitments related to these investments at September 30, 2022 and December 31, 2021. September 30, 2022 December 31, 2021 (Dollars in thousands) Fair Value Future Funding Fair Value Future Funding European Non-Performing Loan Fund, LP (1) $ 4,776 $ 14,214 $ 8,636 $ 14,214 Distressed Debt Fund, LP (2) 21 17,000 349 17,000 Mortgage Debt Fund, LP (3) 9,614 — 11,707 — Credit Fund, LLC (4) — — 106,162 — Global Debt Fund, LP (5) 23,811 — 25,797 — Total $ 38,222 $ 31,214 $ 152,651 $ 31,214 (1) This limited partnership invests in distressed securities and assets through senior and subordinated, secured and unsecured debt and equity, in both public and private large-cap and middle-market companies. The Company does not have the ability to sell or transfer its limited partnership interest without consent from the general partner. The Company does not have the contractual option to redeem its limited partnership interest but receives distributions based on the liquidation of the underlying assets. (2) This limited partnership invests in stressed and distressed securities and structured products. The Company does not have the ability to sell or transfer its limited partnership interest without consent from the general partner. The Company does not have the contractual option to redeem its limited partnership interest but receives distributions based on the liquidation of the underlying assets. (3) This limited partnership invests in REIT qualifying assets such as mortgage loans, investor property loans, and commercial mortgage loans. The Company does not have the ability to sell or transfer its limited partnership interest without consent from the general partner. The Company does not have the contractual option to redeem its limited partnership interest but receives distributions based on the liquidation of the underlying assets. (4) This limited liability company invests in a broad portfolio of non-investment grade loans, secured and unsecured corporate debt, credit default swaps, reverse repurchase agreements and synthetic indices. The Company does have the ability to sell its interest by providing notice to the fund. (5) This limited partnership invests in performing, stressed or distressed securities and loans across the global fixed income markets. The Company does not have the ability to sell or transfer its limited partnership interest without consent from the general partner. The Company does not have the contractual option to redeem its limited partnership interest but receives distributions based on the liquidation of the underlying assets. Limited Liability Companies and Limited Partnerships with ownership interest exceeding 3% The Company uses the equity method to account for investments in limited liability companies and limited partnerships where its ownership interest exceeds 3 %. The equity method of accounting for an investment in limited liability companies and limited partnerships requires that its cost basis be updated to account for the income or loss earned on the investment. In the Fair Value of Alternative Investments table above, all of the investments, except for the Credit Fund, LLC, are booked on a one quarter lag due to non-availability of data at the time the financial statements are prepared. Information for the Credit Fund, LLC is received on a timely basis and is included in current results. The investment income (loss) associated with the limited liability companies and limited partnerships whose ownership interest exceeds 3 % is reflected in the consolidated statements of operations in the amounts of $ 0.1 million and $ 2.6 million for the quarters ended September 30, 2022 and 2021, respectively, and ($ 5.2 ) million and $ 9.3 million for the nine months ended September 30, 2022 and 2021, respectively. Pricing The Company’s pricing vendors provide prices for all investment categories except for investments in limited liability companies and limited partnerships. Two primary vendors are utilized to provide prices for equity and fixed maturity securities. The following is a description of the valuation methodologies used by the Company’s pricing vendors for investment securities carried at fair value: • Equity security prices are received from primary and secondary exchanges. • Corporate and agency bonds are evaluated by utilizing a spread to a benchmark curve. Bonds with similar characteristics are grouped into specific sectors. Inputs for both asset classes consist of trade prices, broker quotes, the new issue market, and prices on comparable securities. • Data from commercial vendors is aggregated with market information, then converted into an option adjusted spread (“OAS”) matrix and prepayment model used for collateralized mortgage obligations (“CMO”). CMOs are categorized with mortgage-backed securities in the tables listed above. For asset-backed securities, spread data is derived from trade prices, dealer quotations, and research reports. For both asset classes, evaluations utilize standard inputs plus new issue data, and collateral performance. The evaluated pricing models incorporate cash flows, broker quotes, market trades, historical prepayment speeds, and dealer projected speeds. • For obligations of state and political subdivisions, an attribute-based modeling system is used. The pricing model incorporates trades, market clearing yields, market color, and fundamental credit research. • U.S. treasuries are evaluated by obtaining feeds from a number of live data sources including primary and secondary dealers as well as inter-dealer brokers. • For mortgage-backed securities, various external analytical products are utilized and purchased from commercial vendors. The Company performs certain procedures to validate whether the pricing information received from the pricing vendors is reasonable, to ensure that the fair value determination is consistent with accounting guidance, and to ensure that its assets are properly classified in the fair value hierarchy. The Company’s procedures include, but are not limited to: • Reviewing periodic reports provided by the Investment Manager that provides information regarding rating changes and securities placed on watch. This procedure allows the Company to understand why a particular security’s market value may have changed or may potentially change. • Understanding and periodically evaluating the various pricing methods and procedures used by the Company’s pricing vendors to ensure that investments are properly classified within the fair value hierarchy. • On a quarterly basis, the Company corroborates investment security prices received from its pricing vendors by obtaining pricing from a second pricing vendor for a sample of securities. During the quarters and nine months ended September 30, 2022 and 2021, the Company has not adjusted quotes or prices obtained from the pricing vendors.

Goodwill and Intangible Assets

Goodwill and Intangible Assets	9 Months Ended
	Sep. 30, 2022
Goodwill and Intangible Assets Disclosure [Abstract]
Goodwill and Intangible Assets	6. Goodwill and Intangible Assets Goodwill As a result of an acquisition in 2010, the Company has goodwill of $ 4.8 million within the Commercial Specialty segment. The goodwill represents the excess purchase price over the Company’s best estimate of the fair value of the assets acquired. As a result of an acquisition in 2015, the Company had goodwill of $ 0.6 million allocated to its Farm, Ranch & Stable business. This goodwill, which is part of the Exited Lines segment, was impaired due to the sale of the renewal rights related to all business lines within Farm, Ranch & Stable. An impairment loss of $ 0.6 million was included in corporate and other operating expenses on the Company’s consolidated statements of operations for the quarter and nine months ended September 30, 2022. Please see Note 2 for additional information on the sale of the renewal rights related to the Company’s Farm, Ranch & Stable business lines. The changes in the carrying amount of goodwill for the quarter and nine months ended September 30, 2022 are as follows: (Dollars in thousands) Commercial Specialty Exited Lines Total Balance as of January 1, 2022 and July 1, 2022 $ 4,820 $ 578 $ 5,398 Impairment — ( 578 ) ( 578 ) Balance as of September 30, 2022 $ 4,820 $ — $ 4,820 Intangible assets The following table presents details of the Company’s intangible assets as of September 30, 2022: (Dollars in thousands) Weighted Average Amortization Period Cost Accumulated Impairment Net Value Trademarks Indefinite $ 4,800 $ — $ — $ 4,800 Tradenames Indefinite 4,200 — — 4,200 State insurance licenses Indefinite 10,000 — 5,000 5,000 Customer relationships 15 years 5,300 4,402 — 898 Agent relationships 10 years 900 649 251 — Tradenames 7 years 600 600 — — $ 25,800 $ 5,651 $ 5,251 $ 14,898 The following table presents details of the Company’s intangible assets as of December 31, 2021: (Dollars in thousands) Weighted Average Amortization Period Cost Accumulated Impairment Net Value Trademarks Indefinite $ 4,800 $ — $ — $ 4,800 Tradenames Indefinite 4,200 — — 4,200 State insurance licenses Indefinite 10,000 — — 10,000 Customer relationships 15 years 5,300 4,137 — 1,163 Agent relationships 10 years 900 630 172 98 Tradenames 7 years 600 600 — — $ 25,800 $ 5,367 $ 172 $ 20,261 Amortization related to the Company’s definite lived intangible assets was $ 0.1 million for each of the quarters ended September 30, 2022 and 2021 and $ 0.3 million and $ 0.4 million for the nine months ended September 30, 2022 and 2021, respectively. The weighted average amortization period for total definite lived intangible assets was 13.6 years . The Company expects that amortization expense for the next five years will be as follows: (Dollars in thousands) 2022 (1) $ 88 2023 353 2024 353 2025 104 (1) Excludes the nine months ended September 30, 2022 Intangible assets with indefinite lives As of September 30, 2022 and December 31, 2021, indefinite lived intangible assets, which are comprised of tradenames, trademarks, and state insurance licenses, was $ 14.0 million and $ 19.0 million, respectively. State licenses with a net value o f $ 5.0 million, w ithin the Company’s Exited Lines segment, were impaired due to the sale of the renewal rights related to the Company’s Farm, Ranch & Stable business lines. This impairment loss of $ 5.0 million w as included in corporate and other operating expenses on the Company’s consolidated statements of operations for the quarter and nine months ended September 30, 2022. Please see Note 2 for additional information on the sale of the renewal rights related to the Company’s Farm, Ranch & Stable business lines. Intangible assets with definite lives As of September 30, 2022 and December 31, 2021, definite lived intangible assets, net of accumulated amortization, were $ 0.9 million and $ 1.3 million, respectively, and were comprised of customer relationships, agent relationships, and tradenames. Agent relationships with a net value o f $ 0.1 million, w ithin the Company’s Exited Lines segment, were impaired due to the sale of the renewal rights related to the Company’s Farm, Ranch & Stable business lines. This impairment loss of $ 0.1 million w as included in corporate and other operating expenses on the Company’s consolidated statements of operations for the quarter and nine months ended September 30, 2022 . Cumulative impairments of agent relationships, which include impairments from prior periods, were $ 0.3 million as of September 30, 2022. Please see Note 2 for additional information on the sale of the renewal rights related to the Company’s Farm, Ranch & Stable business lines.

Allowance for Expected Credit L

Allowance for Expected Credit Losses - Premium Receivables and Reinsurance Receivables	9 Months Ended
	Sep. 30, 2022
Allowance For Credit Loss [Abstract]
Allowance for Expected Credit Losses - Premium Receivables and Reinsurance Receivables	7. Allowance for Expected Credit Losses - Premium Receivables and Reinsurance Receivables For premium receivables, the allowance is based upon the Company’s ongoing review of key aspects of amounts outstanding, including but not limited to, length of collection periods, direct placement with collection agencies, solvency of insured or agent, terminated agents, and other relevant factors. The following table is an analysis of the allowance for expected credit losses related to the Company's premium receivables for the quarters and nine months ended September 30, 2022 and 2021: Quarters Ended September 30, Nine Months Ended September 30, (Dollars in thousands) 2022 2021 2022 2021 Beginning balance $ 2,919 $ 2,822 $ 2,996 $ 2,900 Current period provision for expected credit losses 393 217 1,012 477 Write-offs ( 461 ) 51 ( 1,157 ) ( 287 ) Ending balance $ 2,851 $ 3,090 $ 2,851 $ 3,090 For reinsurance receivables, the allowance is based upon the Company’s ongoing review of key aspects of amounts outstanding, including but not limited to, length of collection periods, disputes, applicable coverage defenses, insolvent reinsurers, financial strength of solvent reinsurers based on AM Best Ratings and other relevant factors. The following table is an analysis of the allowance for expected credit losses related to the Company's reinsurance receivables for the quarters and nine months ended September 30, 2022 and 2021: Quarters Ended September 30, Nine Months Ended September 30, (Dollars in thousands) 2022 2021 2022 2021 Beginning balance $ 8,992 $ 8,992 $ 8,992 $ 8,992 Current period provision for expected credit losses — — — — Write-offs — — — — Recoveries of amounts previously written off — — — — Ending balance $ 8,992 $ 8,992 $ 8,992 $ 8,992

Income Taxes

Income Taxes	9 Months Ended
	Sep. 30, 2022
Income Tax Disclosure [Abstract]
Income Taxes	8. Income Taxes Global Indemnity Group, LLC is a publicly traded partnership for U.S. federal income tax purposes and meets the qualifying income exception to maintain partnership status. As a publicly traded partnership, Global Indemnity Group, LLC is generally not subject to federal income tax and most state income taxes. However, income earned by the subsidiaries of Global Indemnity Group, LLC is subject to corporate tax in the United States and certain foreign jurisdictions. As of September 30, 2022 , the statutory income tax rates of the countries where the Company conducts or conducted business are 21 % in the United States, 0 % in Bermuda, and 25 % on non-trading income, 33 % on capital gains and 12.5 % on trading income in the Republic of Ireland. The statutory income tax rate of each country is applied against the expected annual taxable income of the Company in each country to estimate the annual income tax expense. The Company’s income (loss) before income taxes is derived from its U.S. subsidiaries for the quarters and nine months ended September 30, 2022 and 2021. The following table summarizes the components of income tax expense (benefit): Quarters Ended September 30, Nine Months Ended September 30, (Dollars in thousands) 2022 2021 2022 2021 Current income tax expense (benefit): U.S. Federal $ ( 19 ) $ 11 $ ( 19 ) $ 11 Total current income tax expense (benefit) $ ( 19 ) $ 11 $ ( 19 ) $ 11 Deferred income tax expense (benefit): U.S. Federal $ 7,457 $ ( 1,770 ) $ 3,418 $ ( 1,129 ) Total deferred income tax expense (benefit) 7,457 ( 1,770 ) 3,418 ( 1,129 ) Total income tax expense (benefit) $ 7,438 $ ( 1,759 ) $ 3,399 $ ( 1,118 ) The weighted average expected tax provision has been calculated using income (loss) before income taxes in each jurisdiction multiplied by that jurisdiction’s applicable statutory tax rate. The following table summarizes the differences between the tax provision for financial statement purposes and the expected tax provision at the weighted average tax rate: Quarters Ended September 30, 2022 2021 (Dollars in thousands) Amount % of Pre- Amount % of Pre- Expected tax provision at weighted average tax rate $ 6,549 21.0 % $ ( 1,989 ) 21.0 % Adjustments: Dividend exclusion ( 20 ) ( 0.1 ) ( 20 ) 0.2 Change in tax status 700 2.4 — — Parent income treated as partnership for tax 101 0.3 41 ( 0.4 ) Other 108 0.3 209 ( 2.2 ) Effective income tax expense (benefit) $ 7,438 23.9 % $ ( 1,759 ) 18.6 % The effective income tax expense rate for the quarter ended September 30, 2022 was 23.9 % compared to an effective income tax benefit rate of 18.6 % for the quarter ended September 30, 2021. The difference between 2022 and 2021 is primarily due to a change in income or loss at the parent company which is treated as a partnership for tax. Nine Months Ended September 30, 2022 2021 (Dollars in thousands) Amount % of Pre- Amount % of Pre- Expected tax provision at weighted average tax rate $ 44 21.0 % $ 643 21.0 % Adjustments: Dividend exclusion ( 66 ) ( 31.4 ) ( 56 ) ( 1.8 ) Change in tax status 700 333.3 — — Parent (income) loss treated as partnership for tax 2,171 1,033.8 ( 2,145 ) ( 70.1 ) Other 550 261.9 440 14.4 Effective income tax expense (benefit) $ 3,399 1,618.6 % $ ( 1,118 ) ( 36.5 %) The effective income expense benefit rate for the nine months ended September 30, 2022 was 1,618.6 % compared to an effective income tax benefit rate of 36.50 % for the nine months ended September 30, 2021. The difference between 2022 and 2021 is primarily due to a change in income or loss at the parent company which is treated as a partnership for tax. The Company has a net operating loss (“NOL”) carryforward of $ 24.7 million as of September 30, 2022, which begins to expire in 2036 based on when the original NOL was generated. The Company’s NOL carryforward as of December 31, 2021 was $ 28.6 million. As of September 30, 2022, the Company has a Section 163(j) (“163(j)”) carryforward of $ 0.7 million which can be carried forward indefinitely. The 163(j) carryforward relates to the limitation on the deduction for business interest expense paid or accrued.

Liability for Unpaid Losses and

Liability for Unpaid Losses and Loss Adjustment Expenses	9 Months Ended
	Sep. 30, 2022
Insurance [Abstract]
Liability for Unpaid Losses and Loss Adjustment Expenses	9. Liability for Unpaid Losses and Loss Adjustment Expenses Activity in the liability for unpaid losses and loss adjustment expenses is summarized as follows: Quarters Ended September 30, Nine Months Ended September 30, (Dollars in thousands) 2022 2021 2022 2021 Balance at beginning of period $ 804,661 $ 697,618 $ 759,904 $ 662,811 Less: Ceded reinsurance receivables 94,185 87,151 94,443 82,158 Net balance at beginning of period 710,476 610,467 665,461 580,653 Incurred losses and loss adjustment expenses related to: Current year 91,451 110,644 275,398 290,247 Prior years ( 2,992 ) ( 1,449 ) ( 9,626 ) 669 Total incurred losses and loss adjustment expenses 88,459 109,195 265,772 290,916 Paid losses and loss adjustment expenses related to: Current year 33,972 46,501 76,366 106,778 Prior years 35,282 30,128 125,186 121,758 Total paid losses and loss adjustment expenses 69,254 76,629 201,552 228,536 Net balance at end of period 729,681 643,033 729,681 643,033 Plus: Ceded reinsurance receivables 95,913 88,732 95,913 88,732 Balance at end of period $ 825,594 $ 731,765 $ 825,594 $ 731,765 When analyzing loss reserves and prior year development, the Company considers many factors, including the frequency and severity of claims, loss trends, case reserve settlements that may have resulted in significant development, and any other additional or pertinent factors that may impact reserve estimates. During the third quarter of 2022, the Company decreased its prior accident year loss reserves by $ 3.0 million , which consisted of a $ 0.3 million decrease related to Commercial Specialty, a $ 1.2 million decrease related to Reinsurance Operations, and a $ 1.5 million decrease related to Exited Lines. The $ 0.3 million decrease of prior accident year loss reserves related to Commercial Specialty primarily consisted of the following: • Property: A $ 0.9 million decrease primarily recognizes lower than expected claims severity in the 2020 and 2021 accident years, partially offset by increases in the 2016 and 2017 accident years. • General Liability: A $ 0.7 million increase mainly reflects higher than expected claims severity in accident years prior to 2005, 2006, 2017 and 2019 accident years, partially offset by decreases in the 2010, 2013, 2014, 2016, 2018 and 2020 accident years. • Professional: A $ 0.1 million decrease primarily in the 2020 accident year. The $ 1.2 million reduction of prior accident year loss reserves related to Reinsurance Operations primarily consisted of the following: • Professional: A $ 1.2 million decrease was recognized in the 2016 accident year reflecting a reduction in the ultimate for the claims-made segment. The inception-to-date case incurred remains zero in this year. The $ 1.5 million reduction of prior accident year loss reserves related to Exited Lines consisted of the following: • Property: A $ 1.2 million increase recognizes a $ 0.8 million increase in Property Brokerage, primarily in the 2014, 2016, 2018, 2020 and 2021 accident years and a $ 0.7 million increase in the Specialty Property lines of business, primarily in the 2018, 2020 and 2021 accident years, partially offset by a $ 0.2 million decrease in the Farm, Ranch and Stable lines of business, primarily in the 2018 and 2019 accident years. • Reinsurance: A $ 2.7 million decrease primarily in the 2017 through 2021 accident years, partially offset by an increase in the 2016 accident year was based on the reported information from cedants. During the third quarter of 2021, the Company decreased its prior accident year loss reserves by $ 1.4 million , which primarily consisted of a $ 2.1 million decrease related to Commercial Specialty and a $ 0.6 million increase related to Exited Lines. The $ 2.1 million decrease of prior accident year loss reserves related to Commercial Specialty primarily consisted of the following: • Property: A $ 5.7 million increase primarily recognizes higher than expected claims severity mainly in the 2016 through 2020 accident years. • General Liability: A $ 7.7 million decrease in aggregate with $ 2.4 million of favorable development in the construction defect reserve category and $ 5.3 million of favorable development in the other general liability reserve categories. The reduction in the construction defect reserve category recognizes lower than expected claims frequency and severity in accident years prior to 2005 and the 2005 through 2010 accident years. For the other general liability reserve categories, lower than anticipated claims severity was the main driver of the favorable development primarily in accident years prior to 2005 and the 2012, 2016 and 2018 accident years, partially offset by increases in the 2005 through 2007, 2009, 2010, 2015, 2017, 2019 and 2020 accident years. • Professional: A $ 0.1 million decrease primarily in the 2019 and 2020 accident years. The $ 0.6 million increase of prior accident year loss reserves related to Exited Lines primarily consisted of the following: • Property: A $ 2.1 million increase primarily recognizes higher than expected claims severity in the 2016, 2018, and 2020, partially offset by decreases in the 2017 accident year. • General Liability: A $ 1.0 million decrease primarily reflects lower than expected claims severity in the 2015 through 2017 and 2020 accident years, partially offset by an increase in the 2007, 2018, and 2019 accident years. • Reinsurance: A $ 0.5 million decrease in the property lines was recognized primarily in the 2015, 2017, 2018 and 2020 accident years, partially offset by increases in the 2012 and 2019 accident years based on the reported information from cedants. During the first nine months of 2022, the Company decreased its prior accident year loss reserves by $ 9.6 million , which consisted of a $ 0.2 million increase related to Commercial Specialty, a $ 2.4 million decrease related to Reinsurance Operations, and a $ 7.4 million decrease related to Exited Lines. The $ 0.2 million increase of prior accident year loss reserves related to Commercial Specialty primarily consisted of the following: • Property: A $ 1.6 million decrease primarily recognizes lower than expected claims severity in the 2018, 2020 and 2021 accident years, partially offset by increases in the 2015 through 2017 and 2019 accident years. • General Liability: A $ 2.2 million increase mainly reflects higher than expected claims severity in accident years prior to 2006, 2017, 2019 and 2020 accident years, partially offset by decreases in the 2006, 2007, 2011 through 2016, 2018 and 2021 accident years. • Professional: A $ 0.4 million decrease primarily in the 2006, 2019 and 2020 accident years. The $ 2.4 million reduction of prior accident year loss reserves related to Reinsurance Operations primarily consisted of the following: • Professional: A $ 2.4 million decrease was recognized in the 2016 accident year reflecting a reduction in the ultimate for the claims-made segment. The inception-to-date case incurred remains zero in this year. The $ 7.4 million reduction of prior accident year loss reserves related to Exited Lines primarily consisted of the following: • Property: A $ 0.2 million increase recognizes a $ 0.5 million increase in Property Brokerage, primarily in the 2014, 2016, 2017 and 2020 accident years, partially offset by decreases in the 2011, 2018, 2019 and 2021 accident years and a $ 0.3 million increase in the Specialty Property lines of business, primarily in the 2019 and 2020 accident years, partially offset by decreases in the 2016, 2017 and 2021 accident years, and a $ 0.6 million decrease in the Farm, Ranch and Stable lines of business, primarily in the 2018 through 2020 accident years, partially offset by an increase in the 2021 accident year. • General Liability: A $ 0.5 million reduction reflects a $ 0.3 million decrease in the Specialty Property lines of business, primarily in the 2016, 2017 and 2021 accident years, partially offset by increases in the 2019 and 2020 accident years and a $ 0.2 million decrease in the Farm, Ranch and Stable lines of business, primarily in the 2017 and 2019 accident years, offset in part by an increase in the 2011 and 2018 accident years. • Reinsurance: A $ 7.0 million decrease in the 2017 through 2021 accident years, partially offset by an increase in the 2016 accident year based on reported information from the cedants. During the first nine months of 2021, the Company increased its prior accident year loss reserves by $ 0.7 million , which consisted of a $ 5.2 million decrease related to Commercial Specialty and a $ 5.9 million increase related to Exited Lines. The $ 5.2 million decrease in prior accident year loss reserves related to Commercial Specialty primarily consisted of the following: • Property: An increase of $ 3.7 million primarily recognizes higher than expected claims severity mainly in the 2016 and 2020 accident years partially offset by decreases in the 2018 and 2019 accident years. • General Liability: A $ 8.4 million decrease in aggregate with $ 2.4 million of favorable development in the construction defect reserve category and $ 6.0 million of favorable development in the other general liability reserve categories. The reduction in the construction defect reserve category recognizes lower than expected claims frequency and severity in accident years prior to 2005 and the 2005 through 2009 and 2011 accident years. For the other general liability reserve categories, lower than anticipated claims severity was the main driver of the favorable development primarily in accident years prior to 2005 and 2008 and 2012 through 2016 accident years, partially offset by increases in the 2005 through 2007, 2009 and 2017 through 2020 accident years. • Professional: A $ 0.5 million decrease primarily in the 2019 and 2020 accident years which mainly reflects lower than anticipated claims severity. The $ 5.9 million increase in prior accident year loss reserves related to Exited Lines primarily consisted of the following: • General Liability: A $ 2.2 million reduction primarily reflects lower than expected claims severity in the 2015 through 2018 and 2020 accident years, partially offset by an increase in the 2007 and 2019 accident years. • Property: A $ 9.6 million increase mostly in the 2016, 2018 and 2020 accident years due to increases in expected claims severity, partially offset by decreases in the 2015, 2017, and 2019 accidents year driven by lower than anticipated claims severity. Much of the increase in the 2018 accident year reflects an increase in the estimated ultimate for Hurricane Michael and case incurred emergence on a Property Brokerage claim. • Reinsurance: A $ 1.5 million decrease in the property lines was recognized primarily in the 2011, 2015, 2017, 2018 and 2020 accident years, partially offset by increases in the 2010, 2012 and 2019 accident years based on the reported information from cedants.

Debt

Debt	9 Months Ended
	Sep. 30, 2022
Debt Disclosure [Abstract]
Debt	10. Debt The Company’s outstanding debt consisted of the following at September 30, 2022 and December 31, 2021: (Dollars in thousands) September 30, 2022 December 31, 2021 7.875 % Subordinated Notes due 2047 $ — $ 126,430 Total $ — $ 126,430 Margin Borrowing Facility The Company has available a margin borrowing facility. The borrowing rate for this facility is tied to the Fed Funds Effective rate and was approximately 3.8 % and 0.8 % at September 30, 2022 and December 31, 2021, respectively. This facility is due on demand. The borrowings are subject to maintenance margin, which is a minimum account balance that must be maintained. A decline in market conditions could require an additional deposit of collateral. The Company did no t have any securities that were deposited as collateral at September 30, 2022 or December 31, 2021. The amount borrowed against the margin account may fluctuate as routine investment transactions, such as dividends received, investment income received, maturities and pay-downs, impact cash balances. The margin facility contains customary events of default, including, without limitation, insolvency, failure to make required payments, failure to comply with any representations or warranties, failure to adequately assure future performance, and failure of a guarantor to perform under its guarantee. The Company did no t have any amounts outstanding on the margin borrowing facility as of September 30, 2022 or December 31, 2021. The Company did no t incur any interest expense related to the Margin Borrowing Facility for the quarters and nine months ended September 30, 2022 and 2021. 7.875% Subordinated Notes due 2047 (the “2047 Notes”) On April 15, 2022, the Company redeemed the entire $ 130.0 million in aggregate principal amount of the outstanding 2047 Notes plus accrued and unpaid interest on the 2047 Notes redeemed to, but not including the Redemption Date of April 15, 2022 . In connection with the redemption, the Company wrote off deferred issuance costs of $ 3.5 million which was recognized as a loss on extinguishment of debt in its consolidated statements of operations for the nine months ended September 30, 2022 . There was no loss on extinguishment of debt recognized during the quarters ended September 30, 2022 and 2021 and the nine months ended September 30, 2021. Interest expense, including amortization of deferred issuance costs through the date of redemption, recognized on the 2047 Notes was $ 2.6 million for the quarter ended September 30, 2021 , and $ 3.0 million and $ 7.8 million for the nine months ended September 30, 2022 and 2021 , respectively. There was no interest expense recognized on the 2047 Notes during the quarter ended September 30, 2022. In connection with the redemption of the 2047 Notes, the Supplemental Indenture and the co-obligor transaction are no longer effective. Please see Note 13 of the notes to the consolidated financial statements in Item 8 Part II of the Company’s 2021 Annual Report on Form 10-K for more information on the Supplemental Indenture and the co-obligor transaction.

Leases

Leases	9 Months Ended
	Sep. 30, 2022
Leases [Abstract]
Leases	11. Leases The Company leases office space and equipment under various operating lease arrangements. The Company’s leases have remaining lease terms ranging from 11 months to 8 years. Some building leases have options to extend , terminate , or retract the leased area. During the nine months ended September 30, 2021 , the Company exercised the contraction clause of one of its leases. The Company incurred a $ 0.3 million contraction fee in conjunction with exercising the contraction clause. The related lease ROU asset and lease liability were revalued when the Company exercised the contraction clause. The Company did not factor in any other term extension, terminations, or space retractions into the lease terms used to calculate the right-of-use assets and lease liabilities since it was uncertain as to whether these options would be executed. In conjunction with the sale of the renewal rights related to the Farm, Ranch & Stable business lines, lease ROU assets related to building space, parking, and equipment at the Company’s Omaha Nebraska location were evaluated for impairment. An impairment loss of $ 0.5 million was recognized and included in corporate and other operating expenses on the Company’s consolidated statements of operations for the quarter and nine months ended September 30, 2022. The lease ROU assets and lease liabilities related to the Omaha Nebraska building and parking lease were also re-measured due to the Company’s intention to exercise the early termination clause which allows the Company to reduce the length of the lease term from 125 months to 65 months. Please see Note 2 for additional information on the sale of renewal rights. Lease expenses for minimum lease payments are recognized on a straight-line basis over the lease term. The components of lease expenses were as follows: Quarters Ended September 30, Nine Months Ended September 30, (Dollars in thousands) 2022 2021 2022 2021 Operating lease expenses $ 599 $ 667 $ 1,820 $ 2,118 Short-term lease expenses 6 2 11 7 Sublease income ( 90 ) — ( 256 ) — Total lease expenses $ 515 $ 669 $ 1,575 $ 2,125 Supplemental cash flow information related to leases was as follows: Nine Months Ended September 30, (Dollars in thousands) 2022 2021 Cash paid for amounts included in the measurement of liabilities: Operating leases $ 1,574 $ 2,125 Right-of-use assets obtained in exchange for new lease obligations: Operating leases $ — $ 635 Supplemental balance sheet information related to leases was as follows: The table below presents the lease-related assets and liabilities recorded on the consolidated balance sheets. (Dollars in thousands) Classification on the consolidated balance sheets September 30, 2022 December 31, 2021 Assets: Operating lease assets Lease right of use assets $ 13,461 $ 16,051 Liabilities: Operating lease liabilities Lease liabilities $ 16,734 $ 19,079 Weighted-average remaining lease term: Operating leases 6.9 years 7.7 years Weighted-average discount rate: Operating leases (1) 0.8 % 0.9 % (1) Represents the Company’s incremental borrowing rate at the time the leases were contracted. At September 30, 2022, future minimum lease payments under non-cancelable operating leases were as follows: (Dollars in thousands) Operating Leases Expected Sublease Income 2022 (1) $ 723 $ 72 2023 2,995 291 2024 2,799 297 2025 2,866 388 2026 2,720 342 Thereafter 5,077 — Total future minimum lease payments 17,180 1,390 Less: amount representing interest 446 — Present value of minimum lease payments $ 16,734 $ 1,390 (1) Excludes the nine months ended September 30, 2022

Shareholders' Equity

Shareholders' Equity	9 Months Ended
	Sep. 30, 2022
Equity [Abstract]
Shareholders' Equity	12. Shareholders’ Equity There were no A common shares that were surrendered or repurchased during the quarters ended September 30, 2022 and 2021. The following table provides information with respect to the class A common shares that were surrendered or repurchased during the nine months ended September 30, 2022: Period (1) Total Number Average Total Number of Shares Purchased as Part of Publicly Announced Plan or Program Approximate Dollar Value of Shares that May Yet Be Purchased Under the Plans or Programs January 1-31, 2022 4,781 (2) $ 25.13 — — June 1-30, 2022 11,173 (2) $ 26.28 — — Total 15,954 $ 25.94 — — (1) Based on settlement date. (2) Surrendered by employees as payment of taxes withheld on the vesting of restricted stock and/or restricted stock units. The following table provides information with respect to the class A common shares that were surrendered or repurchased during the nine months ended September 30, 2021: Period (1) Total Number Average Total Number of Shares Purchased as Part of Publicly Announced Plan or Program Approximate Dollar Value of Shares that May Yet Be Purchased Under the Plans or Programs January 1-31, 2021 6,720 (2) $ 28.59 — — March 1-31, 2021 3,095 (2) $ 29.40 — — June 1-30, 2021 7,100 (2) $ 27.64 — — Total 16,915 $ 28.34 — — (1) Based on settlement date. (2) Surrendered by employees as payment of taxes withheld on the vesting of restricted stock and/or restricted stock units. On April 5, 2021, Global Indemnity Group, LLC converted 186,160 of class B common shares to class A common shares. There were no other class B common shares that were surrendered or repurchased during the quarters and nine months ended September 30, 2022 or 2021. As of September 30, 2022 , Global Indemnity Group, LLC’s class A common shares were held by approximately 155 shareholders of record. There were three holders of record of Global Indemnity Group, LLC’s class B common shares, all of whom are affiliated investment funds of Fox Paine & Company, LLC, as of September 30, 2022. Global Indemnity Group, LLC’s preferred shares were held by 1 holder of record, an affiliate of Fox Paine & Company, LLC, as of September 30, 2022. Please see Note 15 of the notes to the consolidated financial statements in Item 8 Part II of the Company’s 2021 Annual Report on Form 10-K for more information on the Company’s repurchase program. Distributions Distribution payments of $ 0.25 per common share were declared during the nine months ended September 30, 2022 as follows: Approval Date Record Date Payment Date Total Distributions Declared March 3, 2022 March 21, 2022 March 31, 2022 $ 3,597 June 2, 2022 June 20, 2022 June 30, 2022 3,602 September 23, 2022 October 4, 2022 October 11, 2022 3,616 Various (1) Various Various 274 Total $ 11,089 (1) Represents distributions declared on unvested shares, net of forfeitures. Distribution payments of $ 0.25 per common share were declared during the nine months ended September 30, 2021 as follows: Approval Date Record Date Payment Date Total Distributions Declared February 14, 2021 March 22, 2021 March 31, 2021 $ 3,570 June 5, 2021 June 21, 2021 June 30, 2021 3,579 September 11, 2021 September 23, 2021 September 30, 2021 3,583 Various (1) Various Various 229 Total $ 10,961 (1) Represents distributions declared on unvested shares, net of forfeitures. In addition, distributions paid to Global Indemnity Group, LLC's preferred shareholder were $ 0.1 million in each of the quarters ended September 30, 2022 and 2021 and $ 0.3 million in each of the nine months ended September 30, 2022 and 2021. Accrued distributions on unvested shares, which were included in other liabilities on the consolidated balance sheets, were $ 1.0 million and $ 0.9 million as of September 30, 2022 and December 31, 2021 , respectively. In addition, distributions of $ 3.6 million, which were declared on September 23, 2022 but not paid until October 11, 2022, were also included in other liabilities on the consolidated balance sheets as of September 30, 2022. Accrued preferred distributions were less than $ 0.1 million as of both September 30, 2022 and December 31, 2021 and were included in other liabilities on the consolidated balance sheets. Please see Note 15 of the notes to the consolidated financial statements in Item 8 Part II of the Company’s 2021 Annual Report on Form 10-K for more information on the Company’s distribution program.

Related Party Transactions

Related Party Transactions	9 Months Ended
	Sep. 30, 2022
Related Party Transactions [Abstract]
Related Party Transactions	13. Related Party Transactions Fox Paine Entities Pursuant to Global Indemnity Group, LLC’s Limited Liability Company Agreement (“LLCA”), Fox Paine Capital Fund II International, L.P. and certain of its affiliates (the “Fox Paine Funds”), together with Fox Mercury Investments, L.P. and certain of its affiliates (the “FM Entities”), and Fox Paine & Company LLC (collectively, the “Fox Paine Entities”) currently constitute a Class B Majority Shareholder (as defined in the LLCA) and, as such, have the right to appoint a number of Global Indemnity Group, LLC’s directors equal in aggregate to the pro rata percentage of the voting power in Global Indemnity Group, LLC beneficially held by the Fox Paine Entities, rounded up to the nearest whole number of directors. The Fox Paine Entities beneficially own shares representing approximately 82.8 % of the voting power of Global Indemnity Group, LLC as of September 30, 2022. The Fox Paine Entities control the appointment or election of all of Global Indemnity Group, LLC’s Directors due to the LLCA and their controlling share ownership. Global Indemnity Group, LLC’s Chairman is the chief executive and founder of Fox Paine & Company, LLC. On August 27, 2020, Global Indemnity Group, LLC issued and sold to Wyncote LLC, an affiliate of Fox Paine & Company, LLC, 4,000 Series A Cumulative Fixed Rate Preferred Interests at a price of $ 1,000 per Series A Preferred Interest, for the aggregate purchase price of $ 4,000,000 . While these preferred interests are non-voting, the preferred shareholders are entitled to appoint two additional members to Global Indemnity Group, LLC’s Board of Directors whenever the “Unpaid Targeted Priority Return” with respect to the preferred interests exceed zero immediately following six or more “Distribution Dates”, whether or not such Distribution Dates occur consecutively . Global Indemnity Group, LLC’s Board of Directors is obligated to take, and cause Global Indemnity Group, LLC’s officers to take, any necessary actions to effectuate such appointments, including expanding the size of the Board of Directors, in connection with any exercise of the foregoing provisions. Management fee expense of $ 0.7 million was incurred during each of the quarters ended September 30, 2022 and 2021 and management fee expense of $ 2.1 million and $ 2.0 million was incurred during the nine months ended September 30, 2022 and 2021, respectively. As of September 30, 2022 , accrued management fees, which were included in other liabilities on the consolidated balance sheets, were $ 0.2 million. Prepaid management fees, which were included in other assets on the consolidated balance sheets, were $ 1.9 million as of December 31, 2021. In addition, Fox Paine & Company, LLC may also propose and negotiate transaction fees with the Company subject to the provisions of the Company’s related party transaction and conflict matter policies, including approval of Global Indemnity Group, LLC’s Conflicts Committee of the Board of Directors, for those services from time to time. Each of the Company’s transactions with Fox Paine & Company, LLC are reviewed and approved by Global Indemnity Group, LLC’s Conflicts Committee, which is composed of independent directors, and the Board of Directors (other than Saul A. Fox, Chairman of the Board of Directors of Global Indemnity Group, LLC and Chief Executive of Fox Paine & Company, LLC, who is not a member of the Conflicts Committee and recused himself from the Board of Directors’ deliberations related to fees paid to Fox Paine & Company, LLC or its affiliates).

Commitments and Contingencies

Commitments and Contingencies	9 Months Ended
	Sep. 30, 2022
Commitments And Contingencies Disclosure [Abstract]
Commitments and Contingencies	14. Commitments and Contingencies Legal Proceedings The Company is, from time to time, involved in various legal proceedings in the ordinary course of business. The Company maintains insurance and reinsurance coverage for such risks in amounts that it considers adequate. However, there can be no assurance that the insurance and reinsurance coverage that the Company maintains is sufficient or will be available in adequate amounts or at a reasonable cost. The Company does not believe that the resolution of any currently pending legal proceedings, either individually or taken as a whole, will have a material adverse effect on its business, results of operations, cash flows, or financial condition. There is a greater potential for disputes with reinsurers who are in runoff. Some of the Company’s reinsurers’ have operations that are in runoff, and therefore, the Company closely monitors those relationships. The Company anticipates that, similar to the rest of the insurance and reinsurance industry, it will continue to be subject to litigation and arbitration proceedings in the ordinary course of business. Commitments In 2014, the Company entered into a $ 50 million commitment to purchase an alternative investment vehicle which is comprised of European non-performing loans. As of September 30, 2022, the Company has funde d $ 35.8 milli on of this commitment leaving $ 14.2 million as unfunded. Since the investment period has concluded, the Company expects minimal capital calls will be made prospectively. In 2017, the Company entered into a $ 50 million commitment to purchase an alternative investment vehicle comprised of stressed and distressed securities and structured products. As of September 30, 2022 , the Company has funded $ 33.0 million of this commitment leaving $ 17.0 million as unfunded. Since the investment period has concluded, the Company expects minimal capital calls will be made prospectively. In 2021, the Company entered into a $ 25 million commitment to purchase an alternative investment vehicle comprised of performing, stressed or distressed securities and loans across the global fixed income markets. As of September 30, 2022, the Company has fully funded this commitment. Other Commitments The Company is party to a Management Agreement, as amended, with Fox Paine & Company, LLC, whereby in connection with certain management services provided to it by Fox Paine & Company, LLC, the Company agreed to pay an annual management fee to Fox Paine & Company, LLC. See Note 13 above for additional information pertaining to this management agreement. COVID-19 There is risk that legislation could be passed or there could be a court ruling which would require the Company to cover business interruption claims regardless of terms, exclusions including the virus exclusions contained within the Company’s Commercial Specialty and Exited Lines policies, or other conditions included in policies that would otherwise preclude coverage.

Share-Based Compensation Plans

Share-Based Compensation Plans	9 Months Ended
	Sep. 30, 2022
Disclosure Of Compensation Related Costs Sharebased Payments [Abstract]
Share-Based Compensation Plans	15. Share-Based Compensation Plans Options During the first quarter of 2021, the Company granted 140,000 Performance-Based Options under the Plan. The Performance-Based Options vest in 33 % increments over a three-year period subject to the achievement of certain underwriting results and expire ten years after the grant date or the occurrence of certain events specified in the agreement, whichever is earlier. Of these options, 46,667 options, which were due to vest on April 1, 2022, were recorded as forfeitures in the year ended December 31, 2021 as a result of not meeting performance requirements related to 2021. No stock options were awarded during the quarter and nine months ended September 30, 2022 or the quarter ended September 30, 2021. No unvested stock options were forfeited during the quarter and nine months ended September 30, 2022 or the quarter ended September 30, 2021 . 300,000 unvested stock options were forfeited during the nine months ended September 30, 2021. Restricted Shares / Restricted Stock Units There were no restricted class A common shares or restricted stock units granted to key employees during the quarters and nine months ended September 30, 2022 and 2021. There were no restricted stock units that vested during the quarters ended September 30, 2022 and 2021 and 61,522 and 42,977 restricted stock units that vested during the nine months ended September 30, 2022 and 2021, respectively. Upon vesting, the restricted stock units converted to restricted class A common shares. During the quarters ended September 30, 2022 and 2021 , the Company granted 26,116 and 21,472 class A common shares, respectively, at a weighted average grant date value of $ 25.13 and $ 26.39 per share, respectively, to non-employee directors of the Company under the Plan. Of the shares granted during the quarters ended September 30, 2022 and 2021 , the vesting of 9,120 and 5,263 shares, respectively, is deferred until January 1, 2024 or a change of control, whichever is earlier. The remaining shares granted to non-employee directors of the Company in 2022 and 2021 were fully vested but are subject to certain restrictions. During the nine months ended September 30, 2022 and 2021 , the Company granted 76,686 and 61,216 class A common shares, respectively, at a weighted average grant date value of $ 25.57 and $ 27.77 per share, respectively, to non-employee directors of the Company under the Plan. Of the shares granted during the nine months ended September 30, 2022 and 2021 , the vesting of 25,260 shares and 15,004 shares, respectively, is deferred until January 1, 2024 or a change of control, whichever is earlier. The remaining shares granted to non-employee directors of the Company in 2022 and 2021 were fully vested but are subject to certain restrictions.

Earnings Per Share

Earnings Per Share	9 Months Ended
	Sep. 30, 2022
Earnings Per Share [Abstract]
Earnings Per Share	16. Earnings Per Share Earnings per share have been computed using the weighted average number of common shares and common share equivalents outstanding during the period. The following table sets forth the computation of basic and diluted earnings per share: Quarters Ended Nine Months Ended (Dollars in thousands, except share and per share data) 2022 2021 2022 2021 Numerator: Net income (loss) $ 23,746 $ ( 7,713 ) $ ( 3,189 ) $ 4,179 Less: preferred stock distributions 110 110 330 330 Net income (loss) available to common shareholders $ 23,636 $ ( 7,823 ) $ ( 3,519 ) $ 3,849 Denominator: Weighted average shares for basic earnings per share 14,589,797 14,445,434 14,549,601 14,413,006 Non-vested restricted stock — — — 10,339 Non-vested restricted stock units 119,469 — — 117,750 Options 86,696 — — 109,504 Weighted average shares for diluted earnings per share (1) 14,795,962 14,445,434 14,549,601 14,650,599 Earnings per share - Basic $ 1.62 $ ( 0.54 ) $ ( 0.24 ) $ 0.27 Earnings per share - Diluted $ 1.60 $ ( 0.54 ) $ ( 0.24 ) $ 0.26 (1) For the nine months ended September 30, 2022 and the quarter ended September 30, 2021, “weighted average shares outstanding – basic” was used to calculate “diluted earnings per share” due to a net loss in each period. If the Company had not incurred a loss in the quarter ended September 30, 2021 , 14,708,389 weighted average shares would have been used to compute the diluted loss per share calculation. In addition to the basic shares, weighted average shares for the diluted calculation would have included 11,974 shares of non-vested restricted stock, 151,538 shares of non-vested restricted stock units, and 99,442 share equivalents for options. If the Company had not incurred a loss in the nine months ended September 30, 2022 , 14,748,967 weighted average shares would have been used to compute the diluted loss per share calculation. In addition to the basic shares, weighted average shares for the diluted calculation would have included 107,005 shares of non-vested restricted stock units and 92,360 share equivalents for options. The weighted average shares outstanding used to determine dilutive earnings per share does not include 393,333 shares for both the quarter and nine months ended September 30, 2022 and 540,000 shares for both the quarter and nine months ended September 30, 2021 , which were deemed to be anti-dilutive.

Segment Information

Segment Information	9 Months Ended
	Sep. 30, 2022
Segment Reporting [Abstract]
Segment Information	17. Segment Information On August 8, 2022, the Company sold the renewal rights related to all business lines within its Farm, Ranch & Stable segment for business written on or after August 8, 2022 to Everett Cash Mutual Insurance Company. During the 2nd quarter of 2022, the Company decided that Farm, Ranch & Stable would not be a core business and a decision was made to not allocate additional resources to this segment. Previously, on October 26, 2021, the Company sold the renewal rights related to its manufactured and dwelling homes products which were part of the Specialty Property segment. In 2021, the Company decided to cease writing certain Property Brokerage business which was part of the Commercial Specialty segment, as well as exit certain property and catastrophe lines within the Reinsurance Operations segment. Based on the decisions to exit these lines of business, the Company changed the way it manages and analyzes its operating results. The chief operating decision makers decided they will be reviewing the specific results of the Exited Lines in a separate segment. The chief operating decision makers also determined that the small amount of specialty property business that remained from the Specialty Property segment would be included as programs in the Commercial Specialty segment for purpose of reviewing results and allocating resources. The Reinsurance Operations segment continues to write casualty and professional treaties as well as individual excess policies. Accordingly, the Company has three reportable segments: Commercial Specialty, Reinsurance Operations, and Exited Lines. Management believes these segments allow users of the Company’s financial statements to better understand the Company's performance, better assess prospects for future net cash flows, and make more informed judgments about the Company as a whole. The segment results for the quarter and nine months ended September 30, 2021 have been revised to reflect these changes. The Company manages its business through two ongoing business segments. Commercial Specialty offers specialty property and casualty products designed for product lines such as small business binding authority, professional lines, excess casualty, environmental, InsurTech business, and specialized programs. Reinsurance Operations provides reinsurance and insurance solutions through brokers and primary writers including insurance and reinsurance companies. The company also has an Exited Lines segment that contains lines of business that are no longer being written or are in runoff. The following are tabulations of business segment information for the quarters and nine months ended September 30, 2022 and 2021: Quarter Ended September 30, 2022 Commercial Reinsurance (1) Exited Lines Total Revenues: Gross written premiums $ 100,598 $ 43,717 $ 31,512 $ 175,827 Net written premiums $ 95,917 $ 43,717 $ 3,201 $ 142,835 Net earned premiums $ 100,822 $ 35,148 $ 17,674 $ 153,644 Other income (loss) 272 ( 38 ) 145 379 Total revenues 101,094 35,110 17,819 154,023 Losses and Expenses: Net losses and loss adjustment expenses 58,919 20,393 9,147 88,459 Acquisition costs and other underwriting expenses 39,463 13,050 8,363 60,876 Income from segments $ 2,712 $ 1,667 $ 309 $ 4,688 Unallocated Items: Net investment income 8,389 Net realized investment gains 2,234 Other income 29,937 Corporate and other operating expenses ( 14,064 ) Income before income taxes 31,184 Income tax expense ( 7,438 ) Net income $ 23,746 Segment assets $ 996,336 $ 372,036 $ 336,668 $ 1,705,040 Corporate assets 174,097 Total assets $ 1,879,137 (1) External business only, excluding business assumed from affiliates. Quarter Ended September 30, 2021 Commercial Reinsurance (1) Exited Lines Total Revenues: Gross written premiums $ 97,950 $ 29,748 $ 46,605 $ 174,303 Net written premiums $ 92,822 $ 29,748 $ 39,729 $ 162,299 Net earned premiums $ 88,807 $ 24,235 $ 44,523 $ 157,565 Other income (loss) 227 ( 58 ) 245 414 Total revenues 89,034 24,177 44,768 157,979 Losses and Expenses: Net losses and loss adjustment expenses 58,125 15,288 35,782 109,195 Acquisition costs and other underwriting expenses 32,025 8,510 18,747 59,282 Income (loss) from segments $ ( 1,116 ) $ 379 $ ( 9,761 ) $ ( 10,498 ) Unallocated Items: Net investment income 9,344 Net realized investment losses ( 310 ) Other loss ( 25 ) Corporate and other operating expenses ( 5,387 ) Interest expense ( 2,596 ) Loss before income taxes ( 9,472 ) Income tax benefit 1,759 Net loss $ ( 7,713 ) Segment assets $ 904,051 $ 305,107 $ 336,443 $ 1,545,601 Corporate assets 405,020 Total assets $ 1,950,621 (1) External business only, excluding business assumed from affiliates. Nine Months Ended September 30, 2022 Commercial Reinsurance (1) Exited Lines Total Revenues: Gross written premiums $ 314,661 $ 131,556 $ 117,416 $ 563,633 Net written premiums $ 295,401 $ 131,556 $ 42,518 $ 469,475 Net earned premiums $ 287,757 $ 108,707 $ 61,752 $ 458,216 Other income (loss) 791 ( 119 ) 320 992 Total revenues 288,548 108,588 62,072 459,208 Losses and Expenses: Net losses and loss adjustment expenses 167,014 64,331 34,427 265,772 Acquisition costs and other underwriting expenses 109,374 39,596 29,696 178,666 Income (loss) from segments $ 12,160 $ 4,661 $ ( 2,051 ) $ 14,770 Unallocated Items: Net investment income 16,911 Net realized investment losses ( 33,067 ) Other income 29,847 Corporate and other operating expenses ( 21,718 ) Interest expense ( 3,004 ) Loss on extinguishment of debt ( 3,529 ) Income before income taxes 210 Income tax expense ( 3,399 ) Net loss $ ( 3,189 ) Segment assets $ 996,336 $ 372,036 $ 336,668 $ 1,705,040 Corporate assets 174,097 Total assets $ 1,879,137 (1) External business only, excluding business assumed from affiliates. Nine Months Ended September 30, 2021 Commercial Reinsurance (1) Exited Lines Total Revenues: Gross written premiums $ 286,690 $ 76,186 $ 150,221 $ 513,097 Net written premiums $ 266,641 $ 76,186 $ 127,808 $ 470,635 Net earned premiums $ 249,464 $ 59,094 $ 142,115 $ 450,673 Other income (loss) 679 ( 100 ) 755 1,334 Total revenues 250,143 58,994 142,870 452,007 Losses and Expenses: Net losses and loss adjustment expenses 150,584 37,763 102,569 290,916 Acquisition costs and other underwriting expenses 91,624 20,487 59,148 171,259 Income (loss) from segments $ 7,935 $ 744 $ ( 18,847 ) $ ( 10,168 ) Unallocated Items: Net investment income 29,813 Net realized investment gains 7,342 Other loss ( 47 ) Corporate and other operating expenses ( 15,992 ) Interest expense ( 7,887 ) Income before income taxes 3,061 Income tax benefit 1,118 Net income $ 4,179 Segment assets $ 904,051 $ 305,107 $ 336,443 $ 1,545,601 Corporate assets 405,020 Total assets $ 1,950,621 (1) External business only, excluding business assumed from affiliates.

New Accounting Pronouncements

New Accounting Pronouncements	9 Months Ended
	Sep. 30, 2022
Accounting Changes And Error Corrections [Abstract]
New Accounting Pronouncements	18. New Accounting Pronouncements The Company did not adopt any new accounting pronouncements during the nine months ended September 30, 2022. Please see Note 24 of the notes to the consolidated financial statements in Item 8 Part II of the Company’s 2021 Annual Report on Form 10-K for more information on accounting pronouncements issued but not yet adopted.

Subsequent Events

Subsequent Events	9 Months Ended
	Sep. 30, 2022
Subsequent Events [Abstract]
Subsequent Events	19. Subsequent Events Appointment of new Chief Executive Officer Effective October 21, 2022, David S. Charlton, Chief Executive Officer, and Reiner R. Mauer, Chief Operations Officer, are no longer officers or directors of Global Indemnity Group, LLC (including its subsidiaries). In conjunction with the departure of Mr. Charlton and Mr. Mauer, the Company estimates that approximately $ 4.0 million of accrued compensation expense will be reversed in the fourth quarter of 2022. Global Indemnity Group, LLC's Board of Directors appointed Joseph W. Brown as its Chief Executive Officer. Mr. Brown has served as a Global Indemnity Group, LLC director since December 2015 and will remain on Global Indemnity Group, LLC's Board of Directors. Mr. Brown has close to 50 years of insurance industry experience, including prior tenures as a Director, Chairman, and Chief Executive Officer of MBIA, Inc. (NYSE: MBI), Chairman of the Board of Safeco, Chairman of the Board of Talegen Holdings, Inc., Chairman of Noblr, Inc., and President and Chief Executive Officer of Fireman’s Fund Insurance Company. Board of Directors Global Indemnity Group, LLC also announced that Jason B. Hurwitz rejoined Global Indemnity Group, LLC’s Board of Directors. Mr. Hurwitz had previously served on Global Indemnity Group, LLC's Board from September 2017 to January 2022. Mr. Hurwitz is a partner with Osier Capital LLC, an investment firm focused on insurance and other long-term investments. As a principal and advisor during his career, Mr. Hurwitz completed 28 corporate acquisitions or divestitures totaling over $ 5 billion and served on the Boards of Directors of eight of these companies. Mr. Hurwitz will join Global Indemnity Group, LLC's Audit Committee. Effective November 1, 2022, Gary Tolman joined the Board of Directors of Global Indemnity Group, LLC pursuant to the Class B Majority Shareholder’s rights under Global Indemnity Group, LLC’s Second Amended and Restated Limited Liability Company Agreement. Mr. Tolman has over 45 years of experience in the property and casualty insurance and reinsurance industry. He was the chief executive officer and co-founder of Noblr, Inc. and previously served as the chief executive officer and president of Esurance Holdings, Inc. He also served as the chairman of Answer Financial, Inc. and president and treasurer of Talegen Holdings, Inc. Mr. Tolman spent 15 years at the Fireman’s Fund Insurance Company, ultimately serving as senior vice president. He previously served on the board of directors of the White Mountains Insurance Group, Ltd. (NYSE: WTM). Mr. Tolman will serve as a member of the Audit Committee. On November 1, 2022, James R. Holt, Jr. resigned from Global Indemnity Group, LLC's Board of Directors by providing notice to Global Indemnity Group, LLC. Mr. Holt’s decision to resign was due to the time demands presented by his primary commercial activities. Stock Repurchase GBLI also announced that it will commence a stock repurchase program beginning in the fourth quarter of 2022. Repurchases of up to $ 32 million of Global Indemnity Group LLC’s currently outstanding Class A Common Shares have been authorized by Global Indemnity Group, LLC’s Board of Directors. The authorization to repurchase will expire on December 31, 2027 . The timing and actual number of shares repurchased, if any, will depend on a variety of factors, including price, general business and market conditions, and alternative investment opportunities. Under the repurchase program, repurchases may be made from time to time using a variety of methods, including open market purchases or privately negotiated transactions, all in compliance with Global Indemnity Group, LLC’s Insider Trading Policy, the United States Securities and Exchange Commission, and other applicable legal requirements. The repurchase program does not obligate Global Indemnity Group, LLC to acquire any particular amount of Class A Common Shares, and the repurchase program may be suspended or discontinued at any time at Global Indemnity Group, LLC’s discretion.

Principles of Consolidation a_2

Principles of Consolidation and Basis of Presentation (Policies)	9 Months Ended
	Sep. 30, 2022
Organization Consolidation And Presentation Of Financial Statements [Abstract]
Business Segments	See Note 17 for additional information regarding segments. Global Indemnity Group, LLC is a holding company that is classified as a publicly traded partnership for U.S. federal income tax purposes and meets the qualifying income exception to maintain partnership status. Global Indemnity Group, LLC owns all shares of its direct and indirect subsidiaries, including those of its insurance companies: United National Insurance Company, Diamond State Insurance Company, Penn-America Insurance Company, Penn-Star Insurance Company, Penn-Patriot Insurance Company, and American Reliable Insurance Company. The insurance companies’ primary activity is providing insurance products across a distribution network that includes binding authority, program, brokerage, and reinsurance. The insurance companies manage the distribution of these products through two ongoing business segments: Commercial Specialty and Reinsurance Operations. Commercial Specialty offers specialty property and casualty products designed for product lines such as small business binding authority, professional lines, excess casualty, environmental, InsurTech business, and specialized programs. These product lines are offered primarily in the excess and surplus lines marketplace. Reinsurance Operations provides reinsurance and insurance solutions through brokers and primary writers including insurance and reinsurance companies. The company also has an Exited Lines segment that contains lines of business that are no longer being written or are in runoff, including specialty personal lines and property and casualty products such as manufactured home, dwelling, motorcycle, watercraft, and certain homeowners business, certain business lines within property brokerage, property and catastrophe reinsurance treaties, and the farm, ranch and equine business. Collectively, the Company’s insurance subsidiaries are licensed in all 50 states, the District of Columbia, Puerto Rico, and the U.S. Virgin Islands. The Commercial Specialty segment comprises the Company’s Insurance Operations (“Insurance Operations”). The interim consolidated financial statements are unaudited, but have been prepared in conformity with United States of America generally accepted accounting principles (“GAAP”), which differs in certain respects from those principles followed in reports to insurance regulatory authorities. The preparation of consolidated financial statements in conformity with GAAP requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the consolidated financial statements and the reported amounts of revenues and expenses during the reporting period. Actual results could differ from those estimates.
Intercompany Balances and Transactions	The unaudited consolidated financial statements include all adjustments that are, in the opinion of management, of a normal recurring nature and are necessary for a fair statement of results for the interim periods. Results of operations for the quarters and nine months ended September 30, 2022 and 2021 are not necessarily indicative of the results of a full year. The accompanying notes to the unaudited consolidated financial statements should be read in conjunction with the notes to the consolidated financial statements contained in the Company’s 2021 Annual Report on Form 10-K. The consolidated financial statements include the accounts of Global Indemnity Group, LLC and its wholly owned subsidiaries. All intercompany balances and transactions have been eliminated in consolidation.
Investments	The Company regularly performs various analytical valuation procedures with respect to its investments, including reviewing each available for sale debt security in an unrealized loss position to assess whether the decline in fair value below amortized cost basis has resulted from a credit loss or other factors. In assessing whether a credit loss exists, the Company compares the present value of the cash flows expected to be collected from the security to the amortized cost basis of the security. If the present value of the cash flows expected to be collected is less than the amortized cost basis of the security, a credit loss exists and an allowance for expected credit losses is recorded. Subsequent changes in the allowances are recorded in the period of change as either credit loss expense or reversal of credit loss expense. Any impairments related to factors other than credit losses and the intent to sell are recorded through other comprehensive income, net of taxes. For fixed maturities, the factors considered in reaching the conclusion that a credit loss exists include, among others, whether: (1) the extent to which the fair value is less than the amortized cost basis; (2) the issuer is in financial distress; (3) the investment is secured; (4) a significant credit rating action occurred; (5) scheduled interest payments were delayed or missed; (6) changes in laws or regulations have affected an issuer or industry; (7) the investment has an unrealized loss and was identified by the Company’s investment manager as an investment to be sold before recovery or maturity; (8) the investment failed cash flow projection testing to determine if anticipated principal and interest payments will be realized; and (9) changes in US Treasury rates and/or credit spreads since original purchase to identify whether the unrealized loss is simply due to interest rate movement. According to accounting guidance for debt securities in an unrealized loss position, the Company is required to assess whether it has the intent to sell the debt security or more likely than not will be required to sell the debt security before the anticipated recovery. If either of these conditions is met, any allowance for expected credit losses is written off and the amortized cost basis is written down to the fair value of the fixed maturity security with any incremental impairment reported in earnings. That new amortized cost basis shall not be adjusted for subsequent recoveries in fair value. The Company elected the practical expedient to exclude accrued interest from both the fair value and the amortized cost basis of the available for sale debt securities for the purposes of identifying and measuring an impairment and to not measure an allowance for expected credit losses for accrued interest receivables. Accrued interest receivable is written off through net realized investment gains (losses) at the time the issuer of the bond defaults or is expected to default on payment. The Company made an accounting policy election to present the accrued interest receivable balance with other assets on the Company’s consolidated statements of financial position. Accrued interest receivable related to fixed maturities was $ 6.9 million and $ 5.2 million as of September 30, 2022 and December 31, 2021 , respectively.
Derivative Instruments	The Company accounts for the interest rate swaps and futures as non-hedge instruments and recognizes the fair value of the interest rate swaps in other assets or other liabilities on the consolidated balance sheets with the changes in fair value recognized as net realized investment gains or losses in the consolidated statements of operations. The Company is ultimately responsible for the valuation of the interest rate swaps. To aid in determining the estimated fair value of the interest rate swaps, the Company relies on the forward interest rate curve and information obtained from a third party financial institution.
Fair Value Measurement	The Company’s invested assets and derivative instruments are carried at their fair value and are categorized based upon a fair value hierarchy: • Level 1 – inputs utilize quoted prices (unadjusted) in active markets for identical assets that the Company has the ability to access at the measurement date. • Level 2 – inputs utilize other than quoted prices included in Level 1 that are observable for similar assets, either directly or indirectly. • Level 3 – inputs are unobservable for the asset, and include situations where there is little, if any, market activity for the asset. In certain cases, the inputs used to measure fair value may fall into different levels of the fair value hierarchy. In such cases, the level in the fair value hierarchy within which the fair value measurement falls has been determined based on the lowest level input that is significant to the fair value measurement in its entirety. The Company’s assessment of the significance of a particular input to the fair value measurement in its entirety requires judgment, and considers factors specific to the asset. The following is a description of the valuation methodologies used by the Company’s pricing vendors for investment securities carried at fair value: • Equity security prices are received from primary and secondary exchanges. • Corporate and agency bonds are evaluated by utilizing a spread to a benchmark curve. Bonds with similar characteristics are grouped into specific sectors. Inputs for both asset classes consist of trade prices, broker quotes, the new issue market, and prices on comparable securities. • Data from commercial vendors is aggregated with market information, then converted into an option adjusted spread (“OAS”) matrix and prepayment model used for collateralized mortgage obligations (“CMO”). CMOs are categorized with mortgage-backed securities in the tables listed above. For asset-backed securities, spread data is derived from trade prices, dealer quotations, and research reports. For both asset classes, evaluations utilize standard inputs plus new issue data, and collateral performance. The evaluated pricing models incorporate cash flows, broker quotes, market trades, historical prepayment speeds, and dealer projected speeds. • For obligations of state and political subdivisions, an attribute-based modeling system is used. The pricing model incorporates trades, market clearing yields, market color, and fundamental credit research. • U.S. treasuries are evaluated by obtaining feeds from a number of live data sources including primary and secondary dealers as well as inter-dealer brokers. • For mortgage-backed securities, various external analytical products are utilized and purchased from commercial vendors.
Statutory Income Tax Rates	The statutory income tax rate of each country is applied against the expected annual taxable income of the Company in each country to estimate the annual income tax expense.
Loss Reserves and Prior Year Development	When analyzing loss reserves and prior year development, the Company considers many factors, including the frequency and severity of claims, loss trends, case reserve settlements that may have resulted in significant development, and any other additional or pertinent factors that may impact reserve estimates.
Earnings Per Share	Earnings per share have been computed using the weighted average number of common shares and common share equivalents outstanding during the period.

Investments (Tables)

Investments (Tables)	9 Months Ended
	Sep. 30, 2022
Investments Debt And Equity Securities [Abstract]
Schedule of Amortized Cost and Estimated Fair Value of Company's Fixed Maturities Securities	The amortized cost and estimated fair value of the Company’s fixed maturities securities were as follows as of September 30, 2022 and December 31, 2021: (Dollars in thousands) Amortized Allowance for Expected Credit Losses Gross Gross Estimated As of September 30, 2022 Fixed maturities: U.S. treasuries $ 407,592 $ — $ 9 $ ( 9,266 ) $ 398,335 Obligations of states and political subdivisions 34,879 — — ( 1,845 ) 33,034 Mortgage-backed securities 69,971 — 371 ( 4,561 ) 65,781 Asset-backed securities 160,425 — 9 ( 8,561 ) 151,873 Commercial mortgage-backed securities 107,748 — 26 ( 5,755 ) 102,019 Corporate bonds 349,487 — 9 ( 16,701 ) 332,795 Foreign corporate bonds 206,912 — 7 ( 9,682 ) 197,237 Total fixed maturities $ 1,337,014 $ — $ 431 $ ( 56,371 ) $ 1,281,074 (Dollars in thousands) Amortized Allowance for Expected Credit Losses Gross Gross Estimated As of December 31, 2021 Fixed maturities: U.S. treasuries $ 149,934 $ — $ 603 $ ( 419 ) $ 150,118 Agency obligations 5,697 — 1 ( 68 ) 5,630 Obligations of states and political subdivisions 53,637 — 1,385 ( 301 ) 54,721 Mortgage-backed securities 250,007 — 2,618 ( 2,284 ) 250,341 Asset-backed securities 172,916 — 700 ( 974 ) 172,642 Commercial mortgage-backed securities 135,017 — 2,503 ( 627 ) 136,893 Corporate bonds 288,866 — 5,571 ( 2,054 ) 292,383 Foreign corporate bonds 137,672 — 2,370 ( 904 ) 139,138 Total fixed maturities $ 1,193,746 $ — $ 15,751 $ ( 7,631 ) $ 1,201,866
Schedule Of Investments In Equity Securities	As of September 30, 2022 and December 31, 2021, the Company’s investments in equity securities consist of the following: (Dollars in thousands) September 30, 2022 December 31, 2021 Common stock $ 1,070 $ 75,987 Preferred stock 16,936 23,991 Total $ 18,006 $ 99,978
Summary of Amortized Cost and Estimated Fair Value Through Fixed Maturities	The amortized cost and estimated fair value of the Company’s fixed maturities portfolio classified as available for sale at September 30, 2022, by contractual maturity, are shown below. Actual maturities may differ from contractual maturities because borrowers may have the right to call or prepay obligations with or without call or prepayment penalties. (Dollars in thousands) Amortized Estimated Due in one year or less $ 82,727 $ 81,807 Due in one year through five years 868,488 838,908 Due in five years through ten years 33,402 29,112 Due in ten years through fifteen years 203 196 Due after fifteen years 14,050 11,378 Mortgage-backed securities 69,971 65,781 Asset-backed securities 160,425 151,873 Commercial mortgage-backed securities 107,748 102,019 Total $ 1,337,014 $ 1,281,074
Summary of Securities With Gross Unrealized Losses	The following table contains an analysis of the Company’s fixed income securities with gross unrealized losses that are not deemed to have credit losses, categorized by the period that the securities were in a continuous loss position as of September 30, 2022. The fair value amounts reported in the table are estimates that are prepared using the process described in Note 5. Less than 12 months 12 months or longer Total (Dollars in thousands) Fair Value Gross Fair Value Gross Fair Value Gross Fixed maturities: U.S. treasuries $ 391,828 $ ( 8,690 ) $ 4,676 $ ( 576 ) $ 396,504 $ ( 9,266 ) Obligations of states and political subdivisions 29,830 ( 1,360 ) 3,205 ( 485 ) 33,035 ( 1,845 ) Mortgage-backed securities 50,421 ( 3,996 ) 3,926 ( 565 ) 54,347 ( 4,561 ) Asset-backed securities 106,690 ( 5,007 ) 43,973 ( 3,554 ) 150,663 ( 8,561 ) Commercial mortgage-backed securities 81,892 ( 4,657 ) 17,245 ( 1,098 ) 99,137 ( 5,755 ) Corporate bonds 303,246 ( 12,855 ) 27,912 ( 3,846 ) 331,158 ( 16,701 ) Foreign corporate bonds 170,675 ( 7,964 ) 20,892 ( 1,718 ) 191,567 ( 9,682 ) Total fixed maturities $ 1,134,582 $ ( 44,529 ) $ 121,829 $ ( 11,842 ) $ 1,256,411 $ ( 56,371 ) The following table contains an analysis of the Company’s fixed income securities with gross unrealized losses that are not deemed to have credit losses, categorized by the period that the securities were in a continuous loss position as of December 31, 2021. The fair value amounts reported in the table are estimates that are prepared using the process described in Note 5. Less than 12 months 12 months or longer Total (Dollars in thousands) Fair Value Gross Fair Value Gross Fair Value Gross Fixed maturities: U.S. treasuries $ 114,894 $ ( 390 ) $ 970 $ ( 29 ) $ 115,864 $ ( 419 ) Agency obligations 5,380 ( 68 ) — — 5,380 ( 68 ) Obligations of states and political subdivisions 13,346 ( 301 ) — — 13,346 ( 301 ) Mortgage-backed securities 143,674 ( 2,222 ) 3,009 ( 62 ) 146,683 ( 2,284 ) Asset-backed securities 102,309 ( 703 ) 10,662 ( 271 ) 112,971 ( 974 ) Commercial mortgage-backed securities 50,448 ( 466 ) 1,286 ( 161 ) 51,734 ( 627 ) Corporate bonds 129,146 ( 1,954 ) 2,633 ( 100 ) 131,779 ( 2,054 ) Foreign corporate bonds 67,915 ( 893 ) 412 ( 11 ) 68,327 ( 904 ) Total fixed maturities $ 627,112 $ ( 6,997 ) $ 18,972 $ ( 634 ) $ 646,084 $ ( 7,631 )
Schedule of Impairments on Investments	The Company recorded the following impairments on its investment portfolio for the quarters and nine months ended September 30, 2022 and 2021 and are related to securities in an unrealized loss position where the Company had an intent to sell the securities: Quarters Ended September 30, Nine Months Ended September 30, (Dollars in thousands) 2022 2021 2022 2021 Fixed maturities: Impairment related to intent to sell — — ( 26,205 ) — Total $ — $ — $ ( 26,205 ) $ —
Schedule of Accumulated Other Comprehensive Income, Net of Tax	Accumulated other comprehensive income, net of tax, as of September 30, 2022 and December 31, 2021 was as follows: (Dollars in thousands) September 30, 2022 December 31, 2021 Net unrealized gains (losses) from: Fixed maturities $ ( 55,940 ) $ 8,120 Foreign currency fluctuations ( 454 ) ( 145 ) Deferred taxes 11,057 ( 1,571 ) Accumulated other comprehensive income (loss), net of tax $ ( 45,337 ) $ 6,404
Changes in Accumulated Other Comprehensive Income	The following tables present the changes in accumulated other comprehensive income, net of tax, by components, for the quarters and nine months ended September 30, 2022 and 2021: Quarter Ended September 30, 2022 Unrealized Gains and Losses on Available for Sale Securities Foreign Currency Items Accumulated Other Comprehensive Income (Loss) Beginning balance, net of tax $ ( 26,395 ) $ ( 230 ) $ ( 26,625 ) Other comprehensive (loss) before reclassification, before tax ( 23,133 ) ( 163 ) ( 23,296 ) Amounts reclassified from accumulated other comprehensive income, before tax 259 — 259 Other comprehensive (loss), before tax ( 22,874 ) ( 163 ) ( 23,037 ) Income tax benefit 4,291 34 4,325 Ending balance, net of tax $ ( 44,978 ) $ ( 359 ) $ ( 45,337 ) Quarter Ended September 30, 2021 Unrealized Gains and Losses on Available for Sale Securities Foreign Currency Items Accumulated Other Comprehensive Income Beginning balance, net of tax $ 19,001 $ ( 33 ) $ 18,968 Other comprehensive (loss) before reclassification, before tax ( 3,190 ) ( 208 ) ( 3,398 ) Amounts reclassified from accumulated other comprehensive income, before tax ( 1,447 ) — ( 1,447 ) Other comprehensive (loss), before tax ( 4,637 ) ( 208 ) ( 4,845 ) Income tax benefit 869 44 913 Ending balance, net of tax $ 15,233 $ ( 197 ) $ 15,036 Nine Months Ended September 30, 2022 Unrealized Gains and Losses on Available for Sale Securities Foreign Currency Items Accumulated Other Comprehensive Income Beginning balance, net of tax $ 6,519 $ ( 115 ) $ 6,404 Other comprehensive (loss) before reclassification, before tax ( 102,400 ) ( 309 ) ( 102,709 ) Amounts reclassified from accumulated other comprehensive income, before tax 38,340 — 38,340 Other comprehensive (loss), before tax ( 64,060 ) ( 309 ) ( 64,369 ) Income tax benefit 12,563 65 12,628 Ending balance, net of tax $ ( 44,978 ) $ ( 359 ) $ ( 45,337 ) Nine Months Ended September 30, 2021 Unrealized Gains and Losses on Available for Sale Securities Foreign Currency Items Accumulated Other Comprehensive Income Beginning balance, net of tax $ 34,181 $ 127 $ 34,308 Other comprehensive (loss) before reclassification, before tax ( 22,579 ) ( 410 ) ( 22,989 ) Amounts reclassified from accumulated other comprehensive income, before tax ( 741 ) — ( 741 ) Other comprehensive (loss), before tax ( 23,320 ) ( 410 ) ( 23,730 ) Income tax benefit 4,372 86 4,458 Ending balance, net of tax $ 15,233 $ ( 197 ) $ 15,036
Reclassifications Out of Accumulated Other Comprehensive Income	The reclassifications out of accumulated other comprehensive income for the quarters and nine months ended September 30, 2022 and 2021 were as follows: Amounts Reclassified from (Dollars in thousands) Quarters Ended September 30, Details about Accumulated Other Affected Line Item in the Consolidated 2022 2021 Unrealized gains and losses on available for sale securities Other net realized investment (gains) losses $ 259 $ ( 1,447 ) Income tax expense (benefit) ( 65 ) 315 Total reclassifications, net of tax $ 194 $ ( 1,132 ) Amounts Reclassified from (Dollars in thousands) Nine Months Ended September 30, Details about Accumulated Other Affected Line Item in the Consolidated 2022 2021 Unrealized gains and losses on available for sale securities Other net realized investment (gains) losses $ 38,340 $ ( 741 ) Income tax expense (benefit) ( 7,184 ) 130 Total reclassifications, net of tax $ 31,156 $ ( 611 )
Components of Net Realized Investment Gains (Losses)	The components of net realized investment gains (losses) for the quarters and nine months ended September 30, 2022 and 2021 were as follows: Quarters Ended September 30, Nine Months Ended September 30, (Dollars in thousands) 2022 2021 2022 2021 Fixed maturities: Gross realized gains $ 226 $ 3,364 $ 512 $ 9,042 Gross realized losses ( 485 ) ( 1,917 ) ( 38,852 ) ( 8,301 ) Net realized gains (losses) ( 259 ) 1,447 ( 38,340 ) 741 Equity securities: Gross realized gains 159 1,629 1,803 8,577 Gross realized losses ( 219 ) ( 3,291 ) ( 5,623 ) ( 2,476 ) Net realized gains (losses) ( 60 ) ( 1,662 ) ( 3,820 ) 6,101 Derivatives: Gross realized gains 2,906 1,267 11,867 4,985 Gross realized losses ( 353 ) ( 1,362 ) ( 2,774 ) ( 4,485 ) Net realized gains (losses) (1) 2,553 ( 95 ) 9,093 500 Total net realized investment gains (losses) $ 2,234 $ ( 310 ) $ ( 33,067 ) $ 7,342 (1) Includes periodic net interest settlements related to the derivatives of $ 0.5 million and $ 1.4 million for the quarters ended September 30, 2022 and 2021, respectively, and $ 3.0 million a nd $ 4.2 million for the nine months ended September 30, 2022 and 2021 , respectively.
Summary of Calculation of Realized Gains and Losses	The following table shows the calculation of the portion of realized gains and losses related to equity securities held as of September 30, 2022 and 2021: Quarters Ended September 30, Nine Months Ended September 30, (Dollars in thousands) 2022 2021 2022 2021 Net gains (losses) recognized during the period on equity securities $ ( 60 ) $ ( 1,662 ) $ ( 3,820 ) $ 6,101 Less: net gains (losses) recognized during the period on equity securities sold during the period — 1,005 10,616 3,810 Unrealized gains (losses) recognized during the reporting period on equity securities $ ( 60 ) $ ( 2,667 ) $ ( 14,436 ) $ 2,291
Proceeds from Sales and Redemptions of Available-for-Sale Securities	The proceeds from sales and redemptions of available for sale and equity securities resulting in net realized investm ent gains (losses) for the nine months ended September 30, 2022 and 2021 were as follows: Nine Months Ended September 30, (Dollars in thousands) 2022 2021 Fixed maturities $ 866,458 $ 889,080 Equity securities 88,726 48,661
Schedule of Investment Income	The sources of net investment income for the quarters and nine months ended September 30, 2022 and 2021 were as follows: Quarters Ended September 30, Nine Months Ended September 30, (Dollars in thousands) 2022 2021 2022 2021 Fixed maturities $ 9,595 $ 6,197 $ 23,466 $ 19,672 Equity securities 233 699 842 1,992 Cash and cash equivalents 89 64 220 328 Other invested assets ( 1,061 ) 3,050 ( 5,935 ) 9,835 Total investment income 8,856 10,010 18,593 31,827 Investment expense ( 467 ) ( 666 ) ( 1,682 ) ( 2,014 ) Net investment income $ 8,389 $ 9,344 $ 16,911 $ 29,813
Schedule of Total Investment Return	The Company’s total investment return on a pre-tax basis for the quarters and nine months ended September 30, 2022 and 2021 were as follows: Quarters Ended September 30, Nine Months Ended September 30, (Dollars in thousands) 2022 2021 2022 2021 Net investment income $ 8,389 $ 9,344 $ 16,911 $ 29,813 Net realized investment gains (losses) 2,234 ( 310 ) ( 33,067 ) 7,342 Change in unrealized holding gains (losses) ( 23,037 ) ( 4,845 ) ( 64,369 ) ( 23,730 ) Net realized and unrealized investment returns ( 20,803 ) ( 5,155 ) ( 97,436 ) ( 16,388 ) Total investment return $ ( 12,414 ) $ 4,189 $ ( 80,525 ) $ 13,425 Total investment return % (1) ( 0.9 %) 0.3 % ( 5.6 %) 0.9 % Average investment portfolio (2) $ 1,341,285 $ 1,481,220 $ 1,444,037 $ 1,468,080 (1) Not annualized. (2) Average of total cash and invested assets, net of receivable/payable for securities purchased and sold, as of the beginning and end of the period.
Summary of Estimated Fair Values of Bonds Held on Deposit	The fair values were as follows as of September 30, 2022 and December 31, 2021: Estimated Fair Value (Dollars in thousands) September 30, 2022 December 31, 2021 On deposit with governmental authorities $ 23,954 $ 26,093 Held in trust pursuant to third party requirements 105,640 119,513 Letter of credit held for third party requirements — 2,512 Total $ 129,594 $ 148,118

Derivative Instruments (Tables)

Derivative Instruments (Tables)	9 Months Ended
	Sep. 30, 2022
Derivative Instruments And Hedging Activities Disclosure [Abstract]
Summarized Information on Location and Gross Amount of Derivatives on Consolidated Balance Sheets	The following table summarizes information on the location and the gross amount of the derivatives on the consolidated balance sheets as of September 30, 2022 and December 31, 2021: (Dollars in thousands) September 30, 2022 December 31, 2021 Derivatives Not Designated as Balance Sheet Location Notional Amount Fair Value Notional Amount Fair Value Interest rate swap agreements Other assets/liabilities $ 213,022 $ 3,472 $ 213,022 $ ( 8,395 ) Total (1) $ 213,022 $ 3,472 $ 213,022 $ ( 8,395 ) (1) The derivatives are held by GBLI Holdings, LLC and are guaranteed by Global Indemnity Group, LLC
Summary of Net Gain (Loss) Included in Consolidated Statements of Operations for Changes in Fair Value of Derivatives and Periodic Net Interest Settlements Under Derivatives	The following table summarizes the net gains (losses) included in the consolidated statements of operations for changes in the fair value of the derivatives and the periodic net interest settlements under the derivatives for the quarters and nine months ended September 30, 2022 and 2021: Quarters Ended September 30, Nine Months Ended September 30, (Dollars in thousands) Consolidated Statements of Operations Line 2022 2021 2022 2021 Interest rate swap agreements Net realized investment gains (losses) $ 2,553 $ ( 95 ) $ 9,093 $ 819 Futures contracts on bonds Net realized investment gains (losses) — — — ( 319 ) Total $ 2,553 $ ( 95 ) $ 9,093 $ 500

Fair Value Measurements (Tables

Fair Value Measurements (Tables)	9 Months Ended
	Sep. 30, 2022
Fair Value Disclosures [Abstract]
Company's Invested Assets and Derivative Instruments Measured at Fair Value on Recurring Basis	The following table presents information about the Company’s invested assets and derivative instruments measured at fair value on a recurring basis as of September 30, 2022 and December 31, 2021 and indicates the fair value hierarchy of the valuation techniques utilized by the Company to determine such fair value. Fair Value Measurements As of September 30, 2022 Level 1 Level 2 Level 3 Total Fixed maturities: U.S. treasuries $ 398,335 $ — $ — $ 398,335 Obligations of states and political subdivisions — 33,034 — 33,034 Mortgage-backed securities — 64,820 961 65,781 Commercial mortgage-backed securities — 102,019 — 102,019 Asset-backed securities — 151,521 352 151,873 Corporate bonds — 330,931 1,864 332,795 Foreign corporate bonds — 197,237 — 197,237 Total fixed maturities 398,335 879,562 3,177 1,281,074 Equity securities — 16,936 1,070 18,006 Derivative instruments — 3,472 — 3,472 Total assets measured at fair value $ 398,335 $ 899,970 $ 4,247 $ 1,302,552 Fair Value Measurements As of December 31, 2021 Level 1 Level 2 Level 3 Total Assets: Fixed maturities: U.S. treasuries $ 150,118 $ — $ — $ 150,118 Agency obligations — 5,630 — 5,630 Obligations of states and political subdivisions — 54,721 — 54,721 Mortgage-backed securities — 250,341 — 250,341 Commercial mortgage-backed securities — 136,893 — 136,893 Asset-backed securities — 171,686 956 172,642 Corporate bonds — 290,807 1,576 292,383 Foreign corporate bonds — 139,138 — 139,138 Total fixed maturities 150,118 1,049,216 2,532 1,201,866 Equity securities 75,750 23,991 237 99,978 Total assets measured at fair value $ 225,868 $ 1,073,207 $ 2,769 $ 1,301,844 Liabilities: Derivative instruments $ — $ 8,395 $ — $ 8,395 Total liabilities measured at fair value $ — $ 8,395 $ — $ 8,395
Changes in Level 3 Investments Measured at Fair Value on Recurring Basis	The following table presents changes in Level 3 investments measured at fair value on a recurring basis for the quarters and nine months ended September 30, 2022 and 2021: Quarters Ended Nine Months Ended (Dollars in thousands) 2022 2021 2022 2021 Beginning balance $ 4,350 $ 1,235 $ 2,769 $ — Total gains (realized / unrealized): Included in accumulated other comprehensive income ( 45 ) 66 ( 29 ) 34 Included in earnings attributable to realized ( 4 ) — ( 175 ) — Transfers into level 3 — 96 857 798 Transfers out of level 3 — — — ( 1,720 ) Amortization of bond premium and discount, net 2 1 4 1 Purchases 596 201 2,075 2,486 Sales ( 652 ) ( 61 ) ( 1,254 ) ( 61 ) Ending balance $ 4,247 1,538 $ 4,247 1,538 Gains (losses) included in earnings attributable to the change in unrealized gains (losses) related to assets still held at end of reporting period $ ( 4 ) $ — $ ( 19 ) $ —
Current Fair Value of Debt	For the Company’s material debt arrangements, the current fair value of the Company’s debt at September 30, 2022 and December 31, 2021 was as follows: September 30, 2022 December 31, 2021 (Dollars in thousands) Carrying Value Fair Value Carrying Value Fair Value 7.875% Subordinated Notes due 2047 (1) $ — $ — $ 126,430 $ 129,238 Total $ — $ — $ 126,430 $ 129,238 As of December 31, 2021 , the carrying value and fair value of the 7.875 % Subordinated Notes due 2047 are net of unamortized debt issuance cost of $ 3.6 million. In April 2022, the Company redeemed all of its outstanding 7.875 % subordinated notes due 2047 and unamortized debt issuance cost of $ 3.5 million was written off included in the consolidated statements of operations as loss on extinguishment of debt.
Fair Value and Future Funding Commitments Related to These Investments	The following table provides the fair value and future funding commitments related to these investments at September 30, 2022 and December 31, 2021. September 30, 2022 December 31, 2021 (Dollars in thousands) Fair Value Future Funding Fair Value Future Funding European Non-Performing Loan Fund, LP (1) $ 4,776 $ 14,214 $ 8,636 $ 14,214 Distressed Debt Fund, LP (2) 21 17,000 349 17,000 Mortgage Debt Fund, LP (3) 9,614 — 11,707 — Credit Fund, LLC (4) — — 106,162 — Global Debt Fund, LP (5) 23,811 — 25,797 — Total $ 38,222 $ 31,214 $ 152,651 $ 31,214 (1) This limited partnership invests in distressed securities and assets through senior and subordinated, secured and unsecured debt and equity, in both public and private large-cap and middle-market companies. The Company does not have the ability to sell or transfer its limited partnership interest without consent from the general partner. The Company does not have the contractual option to redeem its limited partnership interest but receives distributions based on the liquidation of the underlying assets. (2) This limited partnership invests in stressed and distressed securities and structured products. The Company does not have the ability to sell or transfer its limited partnership interest without consent from the general partner. The Company does not have the contractual option to redeem its limited partnership interest but receives distributions based on the liquidation of the underlying assets. (3) This limited partnership invests in REIT qualifying assets such as mortgage loans, investor property loans, and commercial mortgage loans. The Company does not have the ability to sell or transfer its limited partnership interest without consent from the general partner. The Company does not have the contractual option to redeem its limited partnership interest but receives distributions based on the liquidation of the underlying assets. (4) This limited liability company invests in a broad portfolio of non-investment grade loans, secured and unsecured corporate debt, credit default swaps, reverse repurchase agreements and synthetic indices. The Company does have the ability to sell its interest by providing notice to the fund. (5) This limited partnership invests in performing, stressed or distressed securities and loans across the global fixed income markets. The Company does not have the ability to sell or transfer its limited partnership interest without consent from the general partner. The Company does not have the contractual option to redeem its limited partnership interest but receives distributions based on the liquidation of the underlying assets.

Goodwill (Tables)

Goodwill (Tables)	9 Months Ended
	Sep. 30, 2022
Goodwill and Intangible Assets Disclosure [Abstract]
Changes in Carrying Amount of Goodwill	The changes in the carrying amount of goodwill for the quarter and nine months ended September 30, 2022 are as follows: (Dollars in thousands) Commercial Specialty Exited Lines Total Balance as of January 1, 2022 and July 1, 2022 $ 4,820 $ 578 $ 5,398 Impairment — ( 578 ) ( 578 ) Balance as of September 30, 2022 $ 4,820 $ — $ 4,820
Intangible assets	The following table presents details of the Company’s intangible assets as of September 30, 2022: (Dollars in thousands) Weighted Average Amortization Period Cost Accumulated Impairment Net Value Trademarks Indefinite $ 4,800 $ — $ — $ 4,800 Tradenames Indefinite 4,200 — — 4,200 State insurance licenses Indefinite 10,000 — 5,000 5,000 Customer relationships 15 years 5,300 4,402 — 898 Agent relationships 10 years 900 649 251 — Tradenames 7 years 600 600 — — $ 25,800 $ 5,651 $ 5,251 $ 14,898 The following table presents details of the Company’s intangible assets as of December 31, 2021: (Dollars in thousands) Weighted Average Amortization Period Cost Accumulated Impairment Net Value Trademarks Indefinite $ 4,800 $ — $ — $ 4,800 Tradenames Indefinite 4,200 — — 4,200 State insurance licenses Indefinite 10,000 — — 10,000 Customer relationships 15 years 5,300 4,137 — 1,163 Agent relationships 10 years 900 630 172 98 Tradenames 7 years 600 600 — — $ 25,800 $ 5,367 $ 172 $ 20,261
Expected Amortization Expense	The Company expects that amortization expense for the next five years will be as follows: (Dollars in thousands) 2022 (1) $ 88 2023 353 2024 353 2025 104 (1) Excludes the nine months ended September 30, 2022

Allowance for Expected Credit_2

Allowance for Expected Credit Losses - Premium Receivables and Reinsurance Receivables (Tables)	9 Months Ended
	Sep. 30, 2022
Allowance For Credit Loss [Abstract]
Schedule of Allowance for Credit Losses Related to Premium Receivables	The following table is an analysis of the allowance for expected credit losses related to the Company's premium receivables for the quarters and nine months ended September 30, 2022 and 2021: Quarters Ended September 30, Nine Months Ended September 30, (Dollars in thousands) 2022 2021 2022 2021 Beginning balance $ 2,919 $ 2,822 $ 2,996 $ 2,900 Current period provision for expected credit losses 393 217 1,012 477 Write-offs ( 461 ) 51 ( 1,157 ) ( 287 ) Ending balance $ 2,851 $ 3,090 $ 2,851 $ 3,090
Schedule of Allowance for Credit Losses Related to Reinsurance Receivables	The following table is an analysis of the allowance for expected credit losses related to the Company's reinsurance receivables for the quarters and nine months ended September 30, 2022 and 2021: Quarters Ended September 30, Nine Months Ended September 30, (Dollars in thousands) 2022 2021 2022 2021 Beginning balance $ 8,992 $ 8,992 $ 8,992 $ 8,992 Current period provision for expected credit losses — — — — Write-offs — — — — Recoveries of amounts previously written off — — — — Ending balance $ 8,992 $ 8,992 $ 8,992 $ 8,992

Income Taxes (Tables)

Income Taxes (Tables)	9 Months Ended
	Sep. 30, 2022
Income Tax Disclosure [Abstract]
Components of Income Tax Expense (Benefit)	The following table summarizes the components of income tax expense (benefit): Quarters Ended September 30, Nine Months Ended September 30, (Dollars in thousands) 2022 2021 2022 2021 Current income tax expense (benefit): U.S. Federal $ ( 19 ) $ 11 $ ( 19 ) $ 11 Total current income tax expense (benefit) $ ( 19 ) $ 11 $ ( 19 ) $ 11 Deferred income tax expense (benefit): U.S. Federal $ 7,457 $ ( 1,770 ) $ 3,418 $ ( 1,129 ) Total deferred income tax expense (benefit) 7,457 ( 1,770 ) 3,418 ( 1,129 ) Total income tax expense (benefit) $ 7,438 $ ( 1,759 ) $ 3,399 $ ( 1,118 )
Differences in Tax Provision for Financial Statement Purposes and Expected Tax Provision at Weighted Average Tax Rate	The following table summarizes the differences between the tax provision for financial statement purposes and the expected tax provision at the weighted average tax rate: Quarters Ended September 30, 2022 2021 (Dollars in thousands) Amount % of Pre- Amount % of Pre- Expected tax provision at weighted average tax rate $ 6,549 21.0 % $ ( 1,989 ) 21.0 % Adjustments: Dividend exclusion ( 20 ) ( 0.1 ) ( 20 ) 0.2 Change in tax status 700 2.4 — — Parent income treated as partnership for tax 101 0.3 41 ( 0.4 ) Other 108 0.3 209 ( 2.2 ) Effective income tax expense (benefit) $ 7,438 23.9 % $ ( 1,759 ) 18.6 % Nine Months Ended September 30, 2022 2021 (Dollars in thousands) Amount % of Pre- Amount % of Pre- Expected tax provision at weighted average tax rate $ 44 21.0 % $ 643 21.0 % Adjustments: Dividend exclusion ( 66 ) ( 31.4 ) ( 56 ) ( 1.8 ) Change in tax status 700 333.3 — — Parent (income) loss treated as partnership for tax 2,171 1,033.8 ( 2,145 ) ( 70.1 ) Other 550 261.9 440 14.4 Effective income tax expense (benefit) $ 3,399 1,618.6 % $ ( 1,118 ) ( 36.5 %)

Liability for Unpaid Losses a_2

Liability for Unpaid Losses and Loss Adjustment Expenses (Tables)	9 Months Ended
	Sep. 30, 2022
Insurance [Abstract]
Summarized Activity in Liability for Unpaid Losses and Loss Adjustment Expenses	Activity in the liability for unpaid losses and loss adjustment expenses is summarized as follows: Quarters Ended September 30, Nine Months Ended September 30, (Dollars in thousands) 2022 2021 2022 2021 Balance at beginning of period $ 804,661 $ 697,618 $ 759,904 $ 662,811 Less: Ceded reinsurance receivables 94,185 87,151 94,443 82,158 Net balance at beginning of period 710,476 610,467 665,461 580,653 Incurred losses and loss adjustment expenses related to: Current year 91,451 110,644 275,398 290,247 Prior years ( 2,992 ) ( 1,449 ) ( 9,626 ) 669 Total incurred losses and loss adjustment expenses 88,459 109,195 265,772 290,916 Paid losses and loss adjustment expenses related to: Current year 33,972 46,501 76,366 106,778 Prior years 35,282 30,128 125,186 121,758 Total paid losses and loss adjustment expenses 69,254 76,629 201,552 228,536 Net balance at end of period 729,681 643,033 729,681 643,033 Plus: Ceded reinsurance receivables 95,913 88,732 95,913 88,732 Balance at end of period $ 825,594 $ 731,765 $ 825,594 $ 731,765

Debt (Tables)

Debt (Tables)	9 Months Ended
	Sep. 30, 2022
Debt Disclosure [Abstract]
Outstanding Debt	The Company’s outstanding debt consisted of the following at September 30, 2022 and December 31, 2021: (Dollars in thousands) September 30, 2022 December 31, 2021 7.875 % Subordinated Notes due 2047 $ — $ 126,430 Total $ — $ 126,430

Leases (Tables)

Leases (Tables)	9 Months Ended
	Sep. 30, 2022
Leases [Abstract]
Components of Lease Expense	The components of lease expenses were as follows: Quarters Ended September 30, Nine Months Ended September 30, (Dollars in thousands) 2022 2021 2022 2021 Operating lease expenses $ 599 $ 667 $ 1,820 $ 2,118 Short-term lease expenses 6 2 11 7 Sublease income ( 90 ) — ( 256 ) — Total lease expenses $ 515 $ 669 $ 1,575 $ 2,125
Schedule of Supplemental Cash Flow Information Related to Leases	Supplemental cash flow information related to leases was as follows: Nine Months Ended September 30, (Dollars in thousands) 2022 2021 Cash paid for amounts included in the measurement of liabilities: Operating leases $ 1,574 $ 2,125 Right-of-use assets obtained in exchange for new lease obligations: Operating leases $ — $ 635
Schedule of Supplemental Balance Sheet Information Related to Leases	Supplemental balance sheet information related to leases was as follows: The table below presents the lease-related assets and liabilities recorded on the consolidated balance sheets. (Dollars in thousands) Classification on the consolidated balance sheets September 30, 2022 December 31, 2021 Assets: Operating lease assets Lease right of use assets $ 13,461 $ 16,051 Liabilities: Operating lease liabilities Lease liabilities $ 16,734 $ 19,079 Weighted-average remaining lease term: Operating leases 6.9 years 7.7 years Weighted-average discount rate: Operating leases (1) 0.8 % 0.9 % (1) Represents the Company’s incremental borrowing rate at the time the leases were contracted.
Future Minimum Lease Payments Under Non-cancelable Operating Leases	At September 30, 2022, future minimum lease payments under non-cancelable operating leases were as follows: (Dollars in thousands) Operating Leases Expected Sublease Income 2022 (1) $ 723 $ 72 2023 2,995 291 2024 2,799 297 2025 2,866 388 2026 2,720 342 Thereafter 5,077 — Total future minimum lease payments 17,180 1,390 Less: amount representing interest 446 — Present value of minimum lease payments $ 16,734 $ 1,390 (1) Excludes the nine months ended September 30, 2022

Shareholders' Equity (Tables)

Shareholders' Equity (Tables)	9 Months Ended
	Sep. 30, 2022
Equity [Abstract]
Information with Respect to Class A Common Shares that were Surrendered or Repurchased	The following table provides information with respect to the class A common shares that were surrendered or repurchased during the nine months ended September 30, 2022: Period (1) Total Number Average Total Number of Shares Purchased as Part of Publicly Announced Plan or Program Approximate Dollar Value of Shares that May Yet Be Purchased Under the Plans or Programs January 1-31, 2022 4,781 (2) $ 25.13 — — June 1-30, 2022 11,173 (2) $ 26.28 — — Total 15,954 $ 25.94 — — (1) Based on settlement date. (2) Surrendered by employees as payment of taxes withheld on the vesting of restricted stock and/or restricted stock units. The following table provides information with respect to the class A common shares that were surrendered or repurchased during the nine months ended September 30, 2021: Period (1) Total Number Average Total Number of Shares Purchased as Part of Publicly Announced Plan or Program Approximate Dollar Value of Shares that May Yet Be Purchased Under the Plans or Programs January 1-31, 2021 6,720 (2) $ 28.59 — — March 1-31, 2021 3,095 (2) $ 29.40 — — June 1-30, 2021 7,100 (2) $ 27.64 — — Total 16,915 $ 28.34 — — (1) Based on settlement date. (2) Surrendered by employees as payment of taxes withheld on the vesting of restricted stock and/or restricted stock units.
Schedule of Distributions Declared	Distribution payments of $ 0.25 per common share were declared during the nine months ended September 30, 2022 as follows: Approval Date Record Date Payment Date Total Distributions Declared March 3, 2022 March 21, 2022 March 31, 2022 $ 3,597 June 2, 2022 June 20, 2022 June 30, 2022 3,602 September 23, 2022 October 4, 2022 October 11, 2022 3,616 Various (1) Various Various 274 Total $ 11,089 (1) Represents distributions declared on unvested shares, net of forfeitures. Distribution payments of $ 0.25 per common share were declared during the nine months ended September 30, 2021 as follows: Approval Date Record Date Payment Date Total Distributions Declared February 14, 2021 March 22, 2021 March 31, 2021 $ 3,570 June 5, 2021 June 21, 2021 June 30, 2021 3,579 September 11, 2021 September 23, 2021 September 30, 2021 3,583 Various (1) Various Various 229 Total $ 10,961 (1) Represents distributions declared on unvested shares, net of forfeitures.

Earnings Per Share (Tables)

Earnings Per Share (Tables)	9 Months Ended
	Sep. 30, 2022
Earnings Per Share [Abstract]
Computation of Basic and Diluted Earnings Per Share	The following table sets forth the computation of basic and diluted earnings per share: Quarters Ended Nine Months Ended (Dollars in thousands, except share and per share data) 2022 2021 2022 2021 Numerator: Net income (loss) $ 23,746 $ ( 7,713 ) $ ( 3,189 ) $ 4,179 Less: preferred stock distributions 110 110 330 330 Net income (loss) available to common shareholders $ 23,636 $ ( 7,823 ) $ ( 3,519 ) $ 3,849 Denominator: Weighted average shares for basic earnings per share 14,589,797 14,445,434 14,549,601 14,413,006 Non-vested restricted stock — — — 10,339 Non-vested restricted stock units 119,469 — — 117,750 Options 86,696 — — 109,504 Weighted average shares for diluted earnings per share (1) 14,795,962 14,445,434 14,549,601 14,650,599 Earnings per share - Basic $ 1.62 $ ( 0.54 ) $ ( 0.24 ) $ 0.27 Earnings per share - Diluted $ 1.60 $ ( 0.54 ) $ ( 0.24 ) $ 0.26 (1) For the nine months ended September 30, 2022 and the quarter ended September 30, 2021, “weighted average shares outstanding – basic” was used to calculate “diluted earnings per share” due to a net loss in each period.

Segment Information (Tables)

Segment Information (Tables)	9 Months Ended
	Sep. 30, 2022
Segment Reporting [Abstract]
Summary of Business Segment Information	The following are tabulations of business segment information for the quarters and nine months ended September 30, 2022 and 2021: Quarter Ended September 30, 2022 Commercial Reinsurance (1) Exited Lines Total Revenues: Gross written premiums $ 100,598 $ 43,717 $ 31,512 $ 175,827 Net written premiums $ 95,917 $ 43,717 $ 3,201 $ 142,835 Net earned premiums $ 100,822 $ 35,148 $ 17,674 $ 153,644 Other income (loss) 272 ( 38 ) 145 379 Total revenues 101,094 35,110 17,819 154,023 Losses and Expenses: Net losses and loss adjustment expenses 58,919 20,393 9,147 88,459 Acquisition costs and other underwriting expenses 39,463 13,050 8,363 60,876 Income from segments $ 2,712 $ 1,667 $ 309 $ 4,688 Unallocated Items: Net investment income 8,389 Net realized investment gains 2,234 Other income 29,937 Corporate and other operating expenses ( 14,064 ) Income before income taxes 31,184 Income tax expense ( 7,438 ) Net income $ 23,746 Segment assets $ 996,336 $ 372,036 $ 336,668 $ 1,705,040 Corporate assets 174,097 Total assets $ 1,879,137 (1) External business only, excluding business assumed from affiliates. Quarter Ended September 30, 2021 Commercial Reinsurance (1) Exited Lines Total Revenues: Gross written premiums $ 97,950 $ 29,748 $ 46,605 $ 174,303 Net written premiums $ 92,822 $ 29,748 $ 39,729 $ 162,299 Net earned premiums $ 88,807 $ 24,235 $ 44,523 $ 157,565 Other income (loss) 227 ( 58 ) 245 414 Total revenues 89,034 24,177 44,768 157,979 Losses and Expenses: Net losses and loss adjustment expenses 58,125 15,288 35,782 109,195 Acquisition costs and other underwriting expenses 32,025 8,510 18,747 59,282 Income (loss) from segments $ ( 1,116 ) $ 379 $ ( 9,761 ) $ ( 10,498 ) Unallocated Items: Net investment income 9,344 Net realized investment losses ( 310 ) Other loss ( 25 ) Corporate and other operating expenses ( 5,387 ) Interest expense ( 2,596 ) Loss before income taxes ( 9,472 ) Income tax benefit 1,759 Net loss $ ( 7,713 ) Segment assets $ 904,051 $ 305,107 $ 336,443 $ 1,545,601 Corporate assets 405,020 Total assets $ 1,950,621 (1) External business only, excluding business assumed from affiliates. Nine Months Ended September 30, 2022 Commercial Reinsurance (1) Exited Lines Total Revenues: Gross written premiums $ 314,661 $ 131,556 $ 117,416 $ 563,633 Net written premiums $ 295,401 $ 131,556 $ 42,518 $ 469,475 Net earned premiums $ 287,757 $ 108,707 $ 61,752 $ 458,216 Other income (loss) 791 ( 119 ) 320 992 Total revenues 288,548 108,588 62,072 459,208 Losses and Expenses: Net losses and loss adjustment expenses 167,014 64,331 34,427 265,772 Acquisition costs and other underwriting expenses 109,374 39,596 29,696 178,666 Income (loss) from segments $ 12,160 $ 4,661 $ ( 2,051 ) $ 14,770 Unallocated Items: Net investment income 16,911 Net realized investment losses ( 33,067 ) Other income 29,847 Corporate and other operating expenses ( 21,718 ) Interest expense ( 3,004 ) Loss on extinguishment of debt ( 3,529 ) Income before income taxes 210 Income tax expense ( 3,399 ) Net loss $ ( 3,189 ) Segment assets $ 996,336 $ 372,036 $ 336,668 $ 1,705,040 Corporate assets 174,097 Total assets $ 1,879,137 (1) External business only, excluding business assumed from affiliates. Nine Months Ended September 30, 2021 Commercial Reinsurance (1) Exited Lines Total Revenues: Gross written premiums $ 286,690 $ 76,186 $ 150,221 $ 513,097 Net written premiums $ 266,641 $ 76,186 $ 127,808 $ 470,635 Net earned premiums $ 249,464 $ 59,094 $ 142,115 $ 450,673 Other income (loss) 679 ( 100 ) 755 1,334 Total revenues 250,143 58,994 142,870 452,007 Losses and Expenses: Net losses and loss adjustment expenses 150,584 37,763 102,569 290,916 Acquisition costs and other underwriting expenses 91,624 20,487 59,148 171,259 Income (loss) from segments $ 7,935 $ 744 $ ( 18,847 ) $ ( 10,168 ) Unallocated Items: Net investment income 29,813 Net realized investment gains 7,342 Other loss ( 47 ) Corporate and other operating expenses ( 15,992 ) Interest expense ( 7,887 ) Income before income taxes 3,061 Income tax benefit 1,118 Net income $ 4,179 Segment assets $ 904,051 $ 305,107 $ 336,443 $ 1,545,601 Corporate assets 405,020 Total assets $ 1,950,621 (1) External business only, excluding business assumed from affiliates.

Principles of Consolidation a_3

Principles of Consolidation and Basis of Presentation - Additional Information (Detail)	9 Months Ended
	Sep. 30, 2022 Segment
Organization And Basis Of Presentation [Line Items]
Date of incorporation	Jun. 23, 2020
State of incorporation	DE
Redomestication date	Aug. 28, 2020
Kind of listing	class A common shares
Number of reportable business segments managed	3
Number of business segments	2

Sale of Renewal Rights - Additi

Sale of Renewal Rights - Additional Information (Detail) - USD ($) $ in Thousands		3 Months Ended	9 Months Ended
	Aug. 08, 2022	Sep. 30, 2022	Sep. 30, 2022	Sep. 30, 2021
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]
Consideration to be paid	$ 40,000
Gross proceeds from sale of renewal rights			$ 30,000	$ 0
Impairment of goodwill		$ 578	578
Impairment loss on software			508	$ 0
American Reliable | Everett Cash Mutual Insurance
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]
Acquisition amount	10,000
Renewal Rights Related to Farm Ranch and Stable Business Lines
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]
Impairment of intangible assets			$ 5,100
Impairment, Intangible Asset, Statement of Income or Comprehensive Income [Extensible Enumeration]			Corporate and other operating expenses
Renewal Rights Related to Farm Ranch and Stable Business Lines | Other Income
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]
Gross proceeds from sale of renewal rights	$ 30,000		$ 30,000
Renewal Rights Related to Farm Ranch and Stable Business Lines | Corporate and Other Operating Expenses
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]
Impairment of goodwill			600
Impairment loss on software			500
Impairment of lease cost			500
Legal expenses and merger and acquisition fees			$ 2,500

Schedule of Amortized Cost and

Schedule of Amortized Cost and Estimated Fair Value of Company's Fixed Maturities Securities (Detail) - USD ($) $ in Thousands	Sep. 30, 2022	Dec. 31, 2021
Schedule Of Available For Sale Securities [Line Items]
Fixed maturities, Amortized Cost	$ 1,337,014	$ 1,193,746
Fixed maturities, Allowance for Expected Credit Losses	0	0
Fixed maturities, Gross Unrealized Gains	431	15,751
Fixed maturities, Gross Unrealized losses	(56,371)	(7,631)
Fixed maturities, Estimated Fair Value	1,281,074	1,201,866
U.S. Treasuries
Schedule Of Available For Sale Securities [Line Items]
Fixed maturities, Amortized Cost	407,592	149,934
Fixed maturities, Allowance for Expected Credit Losses	0	0
Fixed maturities, Gross Unrealized Gains	9	603
Fixed maturities, Gross Unrealized losses	(9,266)	(419)
Fixed maturities, Estimated Fair Value	398,335	150,118
Agency Obligations
Schedule Of Available For Sale Securities [Line Items]
Fixed maturities, Amortized Cost		5,697
Fixed maturities, Allowance for Expected Credit Losses		0
Fixed maturities, Gross Unrealized Gains		1
Fixed maturities, Gross Unrealized losses		(68)
Fixed maturities, Estimated Fair Value		5,630
Obligations of States and Political Subdivisions
Schedule Of Available For Sale Securities [Line Items]
Fixed maturities, Amortized Cost	34,879	53,637
Fixed maturities, Allowance for Expected Credit Losses	0	0
Fixed maturities, Gross Unrealized Gains	0	1,385
Fixed maturities, Gross Unrealized losses	(1,845)	(301)
Fixed maturities, Estimated Fair Value	33,034	54,721
Mortgage Backed Securities
Schedule Of Available For Sale Securities [Line Items]
Fixed maturities, Amortized Cost	69,971	250,007
Fixed maturities, Allowance for Expected Credit Losses	0	0
Fixed maturities, Gross Unrealized Gains	371	2,618
Fixed maturities, Gross Unrealized losses	(4,561)	(2,284)
Fixed maturities, Estimated Fair Value	65,781	250,341
Asset-backed Securities
Schedule Of Available For Sale Securities [Line Items]
Fixed maturities, Amortized Cost	160,425	172,916
Fixed maturities, Allowance for Expected Credit Losses	0	0
Fixed maturities, Gross Unrealized Gains	9	700
Fixed maturities, Gross Unrealized losses	(8,561)	(974)
Fixed maturities, Estimated Fair Value	151,873	172,642
Commercial Mortgage-Backed Securities
Schedule Of Available For Sale Securities [Line Items]
Fixed maturities, Amortized Cost	107,748	135,017
Fixed maturities, Allowance for Expected Credit Losses	0	0
Fixed maturities, Gross Unrealized Gains	26	2,503
Fixed maturities, Gross Unrealized losses	(5,755)	(627)
Fixed maturities, Estimated Fair Value	102,019	136,893
Corporate Bonds
Schedule Of Available For Sale Securities [Line Items]
Fixed maturities, Amortized Cost	349,487	288,866
Fixed maturities, Allowance for Expected Credit Losses	0	0
Fixed maturities, Gross Unrealized Gains	9	5,571
Fixed maturities, Gross Unrealized losses	(16,701)	(2,054)
Fixed maturities, Estimated Fair Value	332,795	292,383
Foreign Corporate Bonds
Schedule Of Available For Sale Securities [Line Items]
Fixed maturities, Amortized Cost	206,912	137,672
Fixed maturities, Allowance for Expected Credit Losses	0	0
Fixed maturities, Gross Unrealized Gains	7	2,370
Fixed maturities, Gross Unrealized losses	(9,682)	(904)
Fixed maturities, Estimated Fair Value	$ 197,237	$ 139,138

Schedule of Investments in Equi

Schedule of Investments in Equity Securities (Detail) - USD ($) $ in Thousands	Sep. 30, 2022	Dec. 31, 2021
Schedule Of Available For Sale Securities [Line Items]
Equity securities, at fair value	$ 18,006	$ 99,978
Common Stock
Schedule Of Available For Sale Securities [Line Items]
Equity securities, at fair value	1,070	75,987
Preferred Stock
Schedule Of Available For Sale Securities [Line Items]
Equity securities, at fair value	$ 16,936	$ 23,991

Investments - Additional Inform

Investments - Additional Information (Detail) - USD ($)	9 Months Ended
	Sep. 30, 2022	Dec. 31, 2021
Schedule Of Available For Sale Securities [Line Items]
Investments in a single issuer as a percentage of shareholders' equity	2%	2%
Accrued interest receivable related to fixed maturities	$ 6,900,000	$ 5,200,000
Weighted average life of fixed maturities securities	5 years
Maturity period of securities that reinvested to fixed income investments	2 years
Fixed maturity securities with market value	$ 0	0
Investments in insurance enhanced bonds	$ 19,000,000
Insurance enhanced bonds as a percentage of total cash and invested assets	1.40%
Investments in collateralized mortgage obligations, commercial mortgage-backed securities and taxable municipal bonds	$ 19,000,000
Variable Interest Entity, Not Primary Beneficiary
Schedule Of Available For Sale Securities [Line Items]
Ownership interest exceeds respective investments	3%
One of the Company's variable interest VIE's, invests in distressed securities and assets
Schedule Of Available For Sale Securities [Line Items]
Significant variable interest in carrying value of the non-consolidated VIE	$ 4,800,000	8,600,000
Variable interest entities, maximum exposure to loss	19,000,000	22,800,000
Second VIE that invests in distressed securities and assets
Schedule Of Available For Sale Securities [Line Items]
Significant variable interest in carrying value of the non-consolidated VIE	100,000	300,000
Variable interest entities, maximum exposure to loss	17,000,000	17,300,000
Third VIE that invests in REIT qualifying assets
Schedule Of Available For Sale Securities [Line Items]
Significant variable interest in carrying value of the non-consolidated VIE	9,600,000	11,700,000
Variable interest entities, maximum exposure to loss	9,600,000	$ 11,700,000
Assured Guaranty Corporation
Schedule Of Available For Sale Securities [Line Items]
Investments in collateralized mortgage obligations, commercial mortgage-backed securities and taxable municipal bonds	5,400,000
Municipal Bonds
Schedule Of Available For Sale Securities [Line Items]
Investments in insurance enhanced bonds	6,800,000
Federal Home Loan Mortgage Corporation
Schedule Of Available For Sale Securities [Line Items]
Investments in collateralized mortgage obligations, commercial mortgage-backed securities and taxable municipal bonds	12,100,000
Ambac Financial Group
Schedule Of Available For Sale Securities [Line Items]
Investments in collateralized mortgage obligations, commercial mortgage-backed securities and taxable municipal bonds	1,500,000
U.S. Treasuries
Schedule Of Available For Sale Securities [Line Items]
Gross unrealized losses	9,266,000
Obligations of States and Political Subdivisions
Schedule Of Available For Sale Securities [Line Items]
Gross unrealized losses	1,845,000
Mortgage Backed Securities
Schedule Of Available For Sale Securities [Line Items]
Gross unrealized losses	4,561,000
Asset-backed Securities
Schedule Of Available For Sale Securities [Line Items]
Gross unrealized losses	$ 8,561,000
Weighted average credit enhancement	32.50%
Commercial Mortgage-Backed Securities
Schedule Of Available For Sale Securities [Line Items]
Gross unrealized losses	$ 5,755,000
Weighted average credit enhancement	47%
Investments in insurance enhanced bonds	$ 4,400,000
Corporate Bonds
Schedule Of Available For Sale Securities [Line Items]
Gross unrealized losses	16,701,000
Foreign Corporate Bonds
Schedule Of Available For Sale Securities [Line Items]
Gross unrealized losses	9,682,000
Collateralized Mortgage Obligations
Schedule Of Available For Sale Securities [Line Items]
Investments in insurance enhanced bonds	$ 7,800,000

Summary of Amortized Cost and E

Summary of Amortized Cost and Estimated Fair Value Through Fixed Maturities (Detail) - USD ($) $ in Thousands	Sep. 30, 2022	Dec. 31, 2021
Schedule Of Available For Sale Securities [Line Items]
Due in one year or less, Amortized Cost	$ 82,727
Due in one year through five years, Amortized Cost	868,488
Due in five years through ten years, Amortized Cost	33,402
Due in ten years through fifteen years, Amortized Cost	203
Due after fifteen years, Amortized Cost	14,050
Fixed maturities, Amortized Cost	1,337,014	$ 1,193,746
Due in one year or less, Estimated Fair value	81,807
Due in one year through five years, Estimated Fair value	838,908
Due in five years through ten years, Estimated Fair value	29,112
Due in ten years through fifteen years, Estimated Fair value	196
Due after fifteen years, Estimated Fair value	11,378
Fixed Maturities, estimated fair value	1,281,074	1,201,866
Mortgage Backed Securities
Schedule Of Available For Sale Securities [Line Items]
Amortized Cost	69,971
Fixed maturities, Amortized Cost	69,971	250,007
Estimated Fair value	65,781
Fixed Maturities, estimated fair value	65,781	250,341
Asset-backed Securities
Schedule Of Available For Sale Securities [Line Items]
Amortized Cost	160,425
Fixed maturities, Amortized Cost	160,425	172,916
Estimated Fair value	151,873
Fixed Maturities, estimated fair value	151,873	172,642
Commercial Mortgage-Backed Securities
Schedule Of Available For Sale Securities [Line Items]
Amortized Cost	107,748
Fixed maturities, Amortized Cost	107,748	135,017
Estimated Fair value	102,019
Fixed Maturities, estimated fair value	$ 102,019	$ 136,893

Summary of Securities with Gros

Summary of Securities with Gross Unrealized Losses (Detail) - USD ($) $ in Thousands	Sep. 30, 2022	Dec. 31, 2021
U.S. Treasuries
Schedule Of Available For Sale Securities [Line Items]
Total, Gross Unrealized Losses	$ (9,266)
Obligations of States and Political Subdivisions
Schedule Of Available For Sale Securities [Line Items]
Total, Gross Unrealized Losses	(1,845)
Mortgage Backed Securities
Schedule Of Available For Sale Securities [Line Items]
Total, Gross Unrealized Losses	(4,561)
Asset-backed Securities
Schedule Of Available For Sale Securities [Line Items]
Total, Gross Unrealized Losses	(8,561)
Commercial Mortgage-Backed Securities
Schedule Of Available For Sale Securities [Line Items]
Total, Gross Unrealized Losses	(5,755)
Corporate Bonds
Schedule Of Available For Sale Securities [Line Items]
Total, Gross Unrealized Losses	(16,701)
Foreign Corporate Bonds
Schedule Of Available For Sale Securities [Line Items]
Total, Gross Unrealized Losses	(9,682)
Fixed Income Securities
Schedule Of Available For Sale Securities [Line Items]
Less than 12 months, Fair Value	1,134,582	$ 627,112
Less than 12 months, Gross Unrealized Losses	(44,529)	(6,997)
12 months or longer, Fair Value	121,829	18,972
12 months or longer, Gross Unrealized Losses	(11,842)	(634)
Total, Fair Value	1,256,411	646,084
Total, Gross Unrealized Losses	(56,371)	(7,631)
Fixed Income Securities | U.S. Treasuries
Schedule Of Available For Sale Securities [Line Items]
Less than 12 months, Fair Value	391,828	114,894
Less than 12 months, Gross Unrealized Losses	(8,690)	(390)
12 months or longer, Fair Value	4,676	970
12 months or longer, Gross Unrealized Losses	(576)	(29)
Total, Fair Value	396,504	115,864
Total, Gross Unrealized Losses	(9,266)	(419)
Fixed Income Securities | Agency Obligations
Schedule Of Available For Sale Securities [Line Items]
Less than 12 months, Fair Value		5,380
Less than 12 months, Gross Unrealized Losses		(68)
12 months or longer, Fair Value		0
12 months or longer, Gross Unrealized Losses		0
Total, Fair Value		5,380
Total, Gross Unrealized Losses		(68)
Fixed Income Securities | Obligations of States and Political Subdivisions
Schedule Of Available For Sale Securities [Line Items]
Less than 12 months, Fair Value	29,830	13,346
Less than 12 months, Gross Unrealized Losses	(1,360)	(301)
12 months or longer, Fair Value	3,205	0
12 months or longer, Gross Unrealized Losses	(485)	0
Total, Fair Value	33,035	13,346
Total, Gross Unrealized Losses	(1,845)	(301)
Fixed Income Securities | Mortgage Backed Securities
Schedule Of Available For Sale Securities [Line Items]
Less than 12 months, Fair Value	50,421	143,674
Less than 12 months, Gross Unrealized Losses	(3,996)	(2,222)
12 months or longer, Fair Value	3,926	3,009
12 months or longer, Gross Unrealized Losses	(565)	(62)
Total, Fair Value	54,347	146,683
Total, Gross Unrealized Losses	(4,561)	(2,284)
Fixed Income Securities | Asset-backed Securities
Schedule Of Available For Sale Securities [Line Items]
Less than 12 months, Fair Value	106,690	102,309
Less than 12 months, Gross Unrealized Losses	(5,007)	(703)
12 months or longer, Fair Value	43,973	10,662
12 months or longer, Gross Unrealized Losses	(3,554)	(271)
Total, Fair Value	150,663	112,971
Total, Gross Unrealized Losses	(8,561)	(974)
Fixed Income Securities | Commercial Mortgage-Backed Securities
Schedule Of Available For Sale Securities [Line Items]
Less than 12 months, Fair Value	81,892	50,448
Less than 12 months, Gross Unrealized Losses	(4,657)	(466)
12 months or longer, Fair Value	17,245	1,286
12 months or longer, Gross Unrealized Losses	(1,098)	(161)
Total, Fair Value	99,137	51,734
Total, Gross Unrealized Losses	(5,755)	(627)
Fixed Income Securities | Corporate Bonds
Schedule Of Available For Sale Securities [Line Items]
Less than 12 months, Fair Value	303,246	129,146
Less than 12 months, Gross Unrealized Losses	(12,855)	(1,954)
12 months or longer, Fair Value	27,912	2,633
12 months or longer, Gross Unrealized Losses	(3,846)	(100)
Total, Fair Value	331,158	131,779
Total, Gross Unrealized Losses	(16,701)	(2,054)
Fixed Income Securities | Foreign Corporate Bonds
Schedule Of Available For Sale Securities [Line Items]
Less than 12 months, Fair Value	170,675	67,915
Less than 12 months, Gross Unrealized Losses	(7,964)	(893)
12 months or longer, Fair Value	20,892	412
12 months or longer, Gross Unrealized Losses	(1,718)	(11)
Total, Fair Value	191,567	68,327
Total, Gross Unrealized Losses	$ (9,682)	$ (904)

Schedule of Impairments on Inve

Schedule of Impairments on Investments (Detail) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2022	Sep. 30, 2021	Sep. 30, 2022	Sep. 30, 2021
Investments Debt And Equity Securities [Abstract]
Impairment related to intent to sell	$ 0	$ 0	$ (26,205)	$ 0
Total	$ 0	$ 0	$ (26,205)	$ 0

Schedule of Accumulated Other C

Schedule of Accumulated Other Comprehensive Income, Net of Tax (Detail) - USD ($) $ in Thousands	Sep. 30, 2022	Jun. 30, 2022	Dec. 31, 2021	Sep. 30, 2021	Jun. 30, 2021	Dec. 31, 2020
Investments Debt And Equity Securities [Abstract]
Fixed maturities	$ (55,940)		$ 8,120
Foreign currency fluctuations	(454)		(145)
Deferred taxes	11,057		(1,571)
Accumulated other comprehensive income (loss), net of tax	$ (45,337)	$ (26,625)	$ 6,404	$ 15,036	$ 18,968	$ 34,308

Changes in Accumulated Other Co

Changes in Accumulated Other Comprehensive Income (Detail) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2022	Sep. 30, 2021	Sep. 30, 2022	Sep. 30, 2021
Accumulated Other Comprehensive Income (Loss) [Line Items]
Beginning balance, net of tax	$ (26,625)	$ 18,968	$ 6,404	$ 34,308
Other comprehensive (loss) before reclassification, before tax	(23,296)	(3,398)	(102,709)	(22,989)
Amounts reclassified from accumulated other comprehensive income, before tax	259	(1,447)	38,340	(741)
Other comprehensive (loss), before tax	(23,037)	(4,845)	(64,369)	(23,730)
Income tax benefit	4,325	913	12,628	4,458
Ending balance, net of tax	(45,337)	15,036	(45,337)	15,036
Unrealized Gains and Losses on Available for Sale Securities
Accumulated Other Comprehensive Income (Loss) [Line Items]
Beginning balance, net of tax	(26,395)	19,001	6,519	34,181
Other comprehensive (loss) before reclassification, before tax	(23,133)	(3,190)	(102,400)	(22,579)
Amounts reclassified from accumulated other comprehensive income, before tax	259	(1,447)	38,340	(741)
Other comprehensive (loss), before tax	(22,874)	(4,637)	(64,060)	(23,320)
Income tax benefit	4,291	869	12,563	4,372
Ending balance, net of tax	(44,978)	15,233	(44,978)	15,233
Foreign Currency Items
Accumulated Other Comprehensive Income (Loss) [Line Items]
Beginning balance, net of tax	(230)	(33)	(115)	127
Other comprehensive (loss) before reclassification, before tax	(163)	(208)	(309)	(410)
Amounts reclassified from accumulated other comprehensive income, before tax	0	0	0	0
Other comprehensive (loss), before tax	(163)	(208)	(309)	(410)
Income tax benefit	34	44	65	86
Ending balance, net of tax	$ (359)	$ (197)	$ (359)	$ (197)

Reclassifications Out of Accumu

Reclassifications Out of Accumulated Other Comprehensive Income (Detail) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2022	Sep. 30, 2021	Sep. 30, 2022	Sep. 30, 2021
Reclassification Adjustment out of Accumulated Other Comprehensive Income [Line Items]
Income tax expense (benefit)	$ (7,438)	$ 1,759	$ (3,399)	$ 1,118
Reclassification out of Accumulated Other Comprehensive Income
Reclassification Adjustment out of Accumulated Other Comprehensive Income [Line Items]
Total reclassifications, net of tax	194	(1,132)	31,156	(611)
Reclassification out of Accumulated Other Comprehensive Income | Unrealized Gains and Losses on Available for Sale Securities
Reclassification Adjustment out of Accumulated Other Comprehensive Income [Line Items]
Other net realized investment (gains) losses	259	(1,447)	38,340	(741)
Income tax expense (benefit)	$ (65)	$ 315	$ (7,184)	$ 130

Components of Net Realized Inve

Components of Net Realized Investment Gains (Losses) (Detail) - USD ($) $ in Thousands		3 Months Ended		9 Months Ended
		Sep. 30, 2022	Sep. 30, 2021	Sep. 30, 2022	Sep. 30, 2021
Schedule Of Available For Sale Securities [Line Items]
Total net realized investment gains (losses)		$ 2,234	$ (310)	$ (33,067)	$ 7,342
Equity securities, Gross realized gains		159	1,629	1,803	8,577
Equity securities, Gross realized losses		(219)	(3,291)	(5,623)	(2,476)
Equity securities, Total net realized investment gains (losses)		(60)	(1,662)	(3,820)	6,101
Not Designated as Hedging Instrument | Interest Rate Swap
Schedule Of Available For Sale Securities [Line Items]
Gross realized gains		2,906	1,267	11,867	4,985
Gross realized losses		(353)	(1,362)	(2,774)	(4,485)
Total net realized investment gains (losses)	[1]	2,553	(95)	9,093	500
Fixed Income Securities
Schedule Of Available For Sale Securities [Line Items]
Gross realized gains		226	3,364	512	9,042
Gross realized losses		(485)	(1,917)	(38,852)	(8,301)
Total net realized investment gains (losses)		$ (259)	$ 1,447	$ (38,340)	$ 741
[1] Includes periodic net interest settlements related to the derivatives of $ 0.5 million and $ 1.4 million for the quarters ended September 30, 2022 and 2021, respectively, and $ 3.0 million a nd $ 4.2 million for the nine months ended September 30, 2022 and 2021 , respectively.

Components of Net Realized In_2

Components of Net Realized Investment Gains (Losses) (Parenthetical) (Detail) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2022	Sep. 30, 2021	Sep. 30, 2022	Sep. 30, 2021
Schedule Of Available For Sale Securities [Line Items]
Net interest settlements	$ 2,553	$ (95)	$ 9,093	$ 500
Interest Rate Swap
Schedule Of Available For Sale Securities [Line Items]
Net interest settlements	$ 500	$ 1,400	$ 3,000	$ 4,200

Summary of Calculation of Reali

Summary of Calculation of Realized Gains and Losses (Detail) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2022	Sep. 30, 2021	Sep. 30, 2022	Sep. 30, 2021
Investments Debt And Equity Securities [Abstract]
Equity securities, Total net realized investment gains (losses)	$ (60)	$ (1,662)	$ (3,820)	$ 6,101
Less: net gains (losses) recognized during the period on equity securities sold during the period	0	1,005	10,616	3,810
Unrealized gains (losses) recognized during the reporting period on equity securities	$ (60)	$ (2,667)	$ (14,436)	$ 2,291

Schedule of Proceeds From Sales

Schedule of Proceeds From Sales and Redemptions of Available for Sale Securities (Detail) - USD ($) $ in Thousands	9 Months Ended
	Sep. 30, 2022	Sep. 30, 2021
Investments Debt And Equity Securities [Abstract]
Fixed maturities	$ 866,458	$ 889,080
Equity securities	$ 88,726	$ 48,661

Schedule of Investment Income (

Schedule of Investment Income (Detail) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2022	Sep. 30, 2021	Sep. 30, 2022	Sep. 30, 2021
Schedule Of Available For Sale Securities [Line Items]
Investment income	$ 8,856	$ 10,010	$ 18,593	$ 31,827
Investment expense	(467)	(666)	(1,682)	(2,014)
Net investment income	8,389	9,344	16,911	29,813
Fixed Income Securities
Schedule Of Available For Sale Securities [Line Items]
Investment income	9,595	6,197	23,466	19,672
Equity Securities
Schedule Of Available For Sale Securities [Line Items]
Investment income	233	699	842	1,992
Cash and Cash Equivalents
Schedule Of Available For Sale Securities [Line Items]
Investment income	89	64	220	328
Other Invested Assets
Schedule Of Available For Sale Securities [Line Items]
Investment income	$ (1,061)	$ 3,050	$ (5,935)	$ 9,835

Schedule of Total Investment Re

Schedule of Total Investment Return (Detail) - USD ($) $ in Thousands		3 Months Ended		9 Months Ended
		Sep. 30, 2022	Sep. 30, 2021	Sep. 30, 2022	Sep. 30, 2021
Investments Debt And Equity Securities [Abstract]
Net investment income		$ 8,389	$ 9,344	$ 16,911	$ 29,813
Net realized investment gains (losses)		2,234	(310)	(33,067)	7,342
Change in unrealized holding gains (losses)		(23,037)	(4,845)	(64,369)	(23,730)
Net realized and unrealized investment returns		(20,803)	(5,155)	(97,436)	(16,388)
Total investment return		$ (12,414)	$ 4,189	$ (80,525)	$ 13,425
Total investment return %	[1]	(0.90%)	0.30%	(5.60%)	0.90%
Average investment portfolio	[2]	$ 1,341,285	$ 1,481,220	$ 1,444,037	$ 1,468,080
[1] Not annualized. Average of total cash and invested assets, net of receivable/payable for securities purchased and sold, as of the beginning and end of the period.

Summary of Estimated Fair Value

Summary of Estimated Fair Values of Bonds Held on Deposit (Detail) - USD ($) $ in Thousands	Sep. 30, 2022	Dec. 31, 2021
Schedule Of Available For Sale Securities [Line Items]
Estimated Fair Value	$ 129,594	$ 148,118
On Deposit With Governmental Authorities
Schedule Of Available For Sale Securities [Line Items]
Estimated Fair Value	23,954	26,093
Held In Trust Pursuant To Third Party Requirements
Schedule Of Available For Sale Securities [Line Items]
Estimated Fair Value	105,640	119,513
Letter Of Credit Held For Third Party Requirements
Schedule Of Available For Sale Securities [Line Items]
Estimated Fair Value	$ 0	$ 2,512

Summarized Information on Locat

Summarized Information on Location and Gross Amount of Derivatives on Consolidated Balance Sheets (Detail) - Not Designated as Hedging Instrument - Other Assets Liabilities - USD ($) $ in Thousands		Sep. 30, 2022	Dec. 31, 2021
Derivatives, Fair Value [Line Items]
Notional Amount	[1]	$ 213,022	$ 213,022
Fair Value/Assets	[1]	3,472
Fair Value/Liabilities	[1]		(8,395)
Interest Rate Swap
Derivatives, Fair Value [Line Items]
Notional Amount		213,022	213,022
Fair Value/Assets		$ 3,472
Fair Value/Liabilities			$ (8,395)
[1] The derivatives are held by GBLI Holdings, LLC and are guaranteed by Global Indemnity Group, LLC

Summary of Net Gain (Loss) Incl

Summary of Net Gain (Loss) Included in Consolidated Statements of Operations for Changes in Fair Value of Derivatives and Periodic Net Interest Settlements Under Derivatives (Detail) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2022	Sep. 30, 2021	Sep. 30, 2022	Sep. 30, 2021
Derivative Instruments, Gain (Loss) [Line Items]
Net gain (loss) for changes in fair value and net settlements of derivatives	$ 2,553	$ (95)	$ 9,093	$ 500
Interest Rate Swap
Derivative Instruments, Gain (Loss) [Line Items]
Net gain (loss) for changes in fair value and net settlements of derivatives	500	1,400	3,000	4,200
Interest Rate Swap | Net Realized Investment Gains (Losses)
Derivative Instruments, Gain (Loss) [Line Items]
Net gain (loss) for changes in fair value and net settlements of derivatives	2,553	(95)	9,093	819
Futures Contracts on Bonds | Net Realized Investment Gains (Losses)
Derivative Instruments, Gain (Loss) [Line Items]
Net gain (loss) for changes in fair value and net settlements of derivatives	$ 0	$ 0	$ 0	$ (319)

Derivative Instruments - Additi

Derivative Instruments - Additional Information (Detail) - Other Assets - USD ($) $ in Millions	Sep. 30, 2022	Dec. 31, 2021
Derivative Instruments and Hedging Activities Disclosures [Line Items]
Funds needed to post execute swap transaction	$ 1.6	$ 1.8
Interest Rate Swap
Derivative Instruments and Hedging Activities Disclosures [Line Items]
Margin calls made in connection with interest rate swaps	$ 2.3	$ 9.8

Company's Invested Assets and D

Company's Invested Assets and Derivative Instruments Measured at Fair Value on Recurring Basis (Detail) - USD ($) $ in Thousands	Sep. 30, 2022	Dec. 31, 2021
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Total invested assets	$ 1,281,074	$ 1,201,866
Equity securities	18,006	99,978
U.S. Treasuries
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Total invested assets	398,335	150,118
Agency Obligations
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Total invested assets		5,630
Obligations of States and Political Subdivisions
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Total invested assets	33,034	54,721
Mortgage Backed Securities
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Total invested assets	65,781	250,341
Commercial Mortgage-Backed Securities
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Total invested assets	102,019	136,893
Asset-backed Securities
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Total invested assets	151,873	172,642
Corporate Bonds
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Total invested assets	332,795	292,383
Foreign Corporate Bonds
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Total invested assets	197,237	139,138
Fair Value, Measurements, Recurring
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Total invested assets	1,281,074	1,201,866
Equity securities	18,006	99,978
Derivative instruments	3,472
Total invested assets	1,302,552	1,301,844
Total invested liabilities		8,395
Fair Value, Measurements, Recurring | Derivative instruments - Liabilities
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Total invested liabilities		8,395
Fair Value, Measurements, Recurring | Fair Value, Inputs, Level 1
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Total invested assets	398,335	150,118
Equity securities	0	75,750
Derivative instruments	0
Total invested assets	398,335	225,868
Total invested liabilities		0
Fair Value, Measurements, Recurring | Fair Value, Inputs, Level 1 | Derivative instruments - Liabilities
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Total invested liabilities		0
Fair Value, Measurements, Recurring | Fair Value, Inputs, Level 2
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Total invested assets	879,562	1,049,216
Equity securities	16,936	23,991
Derivative instruments	3,472
Total invested assets	899,970	1,073,207
Total invested liabilities		8,395
Fair Value, Measurements, Recurring | Fair Value, Inputs, Level 2 | Derivative instruments - Liabilities
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Total invested liabilities		8,395
Fair Value, Measurements, Recurring | Fair Value, Inputs, Level 3
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Total invested assets	3,177	2,532
Equity securities	1,070	237
Derivative instruments	0
Total invested assets	4,247	2,769
Total invested liabilities		0
Fair Value, Measurements, Recurring | Fair Value, Inputs, Level 3 | Derivative instruments - Liabilities
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Total invested liabilities		0
Fair Value, Measurements, Recurring | U.S. Treasuries
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Total invested assets	398,335	150,118
Fair Value, Measurements, Recurring | U.S. Treasuries | Fair Value, Inputs, Level 1
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Total invested assets	398,335	150,118
Fair Value, Measurements, Recurring | U.S. Treasuries | Fair Value, Inputs, Level 2
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Total invested assets	0	0
Fair Value, Measurements, Recurring | U.S. Treasuries | Fair Value, Inputs, Level 3
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Total invested assets	0	0
Fair Value, Measurements, Recurring | Agency Obligations
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Total invested assets		5,630
Fair Value, Measurements, Recurring | Agency Obligations | Fair Value, Inputs, Level 1
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Total invested assets		0
Fair Value, Measurements, Recurring | Agency Obligations | Fair Value, Inputs, Level 2
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Total invested assets		5,630
Fair Value, Measurements, Recurring | Agency Obligations | Fair Value, Inputs, Level 3
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Total invested assets		0
Fair Value, Measurements, Recurring | Obligations of States and Political Subdivisions
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Total invested assets	33,034	54,721
Fair Value, Measurements, Recurring | Obligations of States and Political Subdivisions | Fair Value, Inputs, Level 1
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Total invested assets	0	0
Fair Value, Measurements, Recurring | Obligations of States and Political Subdivisions | Fair Value, Inputs, Level 2
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Total invested assets	33,034	54,721
Fair Value, Measurements, Recurring | Obligations of States and Political Subdivisions | Fair Value, Inputs, Level 3
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Total invested assets	0	0
Fair Value, Measurements, Recurring | Mortgage Backed Securities
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Total invested assets	65,781	250,341
Fair Value, Measurements, Recurring | Mortgage Backed Securities | Fair Value, Inputs, Level 1
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Total invested assets	0	0
Fair Value, Measurements, Recurring | Mortgage Backed Securities | Fair Value, Inputs, Level 2
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Total invested assets	64,820	250,341
Fair Value, Measurements, Recurring | Mortgage Backed Securities | Fair Value, Inputs, Level 3
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Total invested assets	961	0
Fair Value, Measurements, Recurring | Commercial Mortgage-Backed Securities
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Total invested assets	102,019	136,893
Fair Value, Measurements, Recurring | Commercial Mortgage-Backed Securities | Fair Value, Inputs, Level 1
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Total invested assets	0	0
Fair Value, Measurements, Recurring | Commercial Mortgage-Backed Securities | Fair Value, Inputs, Level 2
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Total invested assets	102,019	136,893
Fair Value, Measurements, Recurring | Commercial Mortgage-Backed Securities | Fair Value, Inputs, Level 3
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Total invested assets	0	0
Fair Value, Measurements, Recurring | Asset-backed Securities
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Total invested assets	151,873	172,642
Fair Value, Measurements, Recurring | Asset-backed Securities | Fair Value, Inputs, Level 1
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Total invested assets	0	0
Fair Value, Measurements, Recurring | Asset-backed Securities | Fair Value, Inputs, Level 2
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Total invested assets	151,521	171,686
Fair Value, Measurements, Recurring | Asset-backed Securities | Fair Value, Inputs, Level 3
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Total invested assets	352	956
Fair Value, Measurements, Recurring | Corporate Bonds
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Total invested assets	332,795	292,383
Fair Value, Measurements, Recurring | Corporate Bonds | Fair Value, Inputs, Level 1
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Total invested assets	0	0
Fair Value, Measurements, Recurring | Corporate Bonds | Fair Value, Inputs, Level 2
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Total invested assets	330,931	290,807
Fair Value, Measurements, Recurring | Corporate Bonds | Fair Value, Inputs, Level 3
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Total invested assets	1,864	1,576
Fair Value, Measurements, Recurring | Foreign Corporate Bonds
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Total invested assets	197,237	139,138
Fair Value, Measurements, Recurring | Foreign Corporate Bonds | Fair Value, Inputs, Level 1
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Total invested assets	0	0
Fair Value, Measurements, Recurring | Foreign Corporate Bonds | Fair Value, Inputs, Level 2
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Total invested assets	197,237	139,138
Fair Value, Measurements, Recurring | Foreign Corporate Bonds | Fair Value, Inputs, Level 3
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Total invested assets	$ 0	$ 0

Changes in Level 3 Investments

Changes in Level 3 Investments Measured at Fair Value on Recurring Basis (Detail) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2022	Sep. 30, 2021	Sep. 30, 2022	Sep. 30, 2021
Fair Value Disclosures [Abstract]
Beginning balance	$ 4,350	$ 1,235	$ 2,769	$ 0
Included in accumulated other comprehensive income	(45)	66	(29)	34
Included in earnings attributable to realized	(4)	0	(175)	0
Transfers into level 3	0	96	857	798
Transfers out of level 3	0	0	0	(1,720)
Amortization of bond premium and discount, net	2	1	4	1
Purchases	596	201	2,075	2,486
Sales	(652)	(61)	(1,254)	(61)
Ending balance	4,247	1,538	4,247	1,538
Gains (losses) included in earnings attributable to the change in unrealized gains (losses) related to assets still held at end of reporting period	$ (4)	$ 0	$ (19)	$ 0

Current Fair Value of Debt (Det

Current Fair Value of Debt (Detail) - USD ($) $ in Thousands		Sep. 30, 2022	Dec. 31, 2021
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Debt		$ 0	$ 126,430
Debt, fair value		0	129,238
7.875% Subordinated Notes due 2047
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Debt	[1]	0	126,430
Debt, fair value	[1]	$ 0	$ 129,238
[1] As of December 31, 2021 , the carrying value and fair value of the 7.875 % Subordinated Notes due 2047 are net of unamortized debt issuance cost of $ 3.6 million. In April 2022, the Company redeemed all of its outstanding 7.875 % subordinated notes due 2047 and unamortized debt issuance cost of $ 3.5 million was written off included in the consolidated statements of operations as loss on extinguishment of debt.

Current Fair Value of Debt (Par

Current Fair Value of Debt (Parenthetical) (Detail) - 7.875% Subordinated Notes due 2047 - USD ($) $ in Thousands		1 Months Ended	9 Months Ended	12 Months Ended
	Apr. 15, 2022	Apr. 30, 2022	Sep. 30, 2022	Dec. 31, 2021
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Subordinated Notes percentage		7.875%	7.875%	7.875%
Subordinated Notes due date	2047	2047	2047	2047
Unamortized Debt Issuance Costs				$ 3,600
Write off of unamortized debt issuance costs		$ 3,500

Fair Value Measurements - Addit

Fair Value Measurements - Additional Information (Detail) - USD ($) $ in Millions		1 Months Ended	3 Months Ended		9 Months Ended		12 Months Ended
	Apr. 15, 2022	Apr. 30, 2022	Sep. 30, 2022	Sep. 30, 2021	Sep. 30, 2022	Sep. 30, 2021	Dec. 31, 2021
Equity Method Investments
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Equity in the earnings of liability companies or partnerships			$ 0.1	$ 2.6	$ (5.2)	$ 9.3
Ownership interest exceeds respective investments			3%		3%
Variable Interest Entity, Not Primary Beneficiary
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Ownership interest exceeds respective investments			3%		3%
7.875% Subordinated Notes due 2047
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Subordinated Notes due date	2047	2047			2047		2047
Fair Value, Inputs, Level 1 | 7.875% Subordinated Notes due 2047
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Subordinated Notes due date					2047

Fair Value and Future Funding C

Fair Value and Future Funding Commitments Related to These Investments (Detail) - USD ($) $ in Thousands		Sep. 30, 2022	Dec. 31, 2021
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Fair Value		$ 38,222	$ 152,651
Future Funding Commitments		31,214	31,214
European Non-Performing Loan Fund, LP | Fair Value, Inputs, Level 3
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Fair Value	[1]	4,776	8,636
Future Funding Commitments	[1]	14,214	14,214
Distressed Debt Fund, LP | Fair Value, Inputs, Level 3
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Fair Value	[2]	21	349
Future Funding Commitments	[2]	17,000	17,000
Mortgage Debt Fund, LP | Fair Value, Inputs, Level 3
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Fair Value	[3]	9,614	11,707
Future Funding Commitments	[3]	0	0
Credit Fund, LLC | Fair Value, Inputs, Level 3
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Fair Value	[4]	0	106,162
Future Funding Commitments	[4]	0	0
Global Debt Fund, LP | Fair Value, Inputs, Level 3
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Fair Value	[5]	23,811	25,797
Future Funding Commitments	[5]	$ 0	$ 0
[1] This limited partnership invests in distressed securities and assets through senior and subordinated, secured and unsecured debt and equity, in both public and private large-cap and middle-market companies. The Company does not have the ability to sell or transfer its limited partnership interest without consent from the general partner. The Company does not have the contractual option to redeem its limited partnership interest but receives distributions based on the liquidation of the underlying assets. This limited partnership invests in stressed and distressed securities and structured products. The Company does not have the ability to sell or transfer its limited partnership interest without consent from the general partner. The Company does not have the contractual option to redeem its limited partnership interest but receives distributions based on the liquidation of the underlying assets. This limited partnership invests in REIT qualifying assets such as mortgage loans, investor property loans, and commercial mortgage loans. The Company does not have the ability to sell or transfer its limited partnership interest without consent from the general partner. The Company does not have the contractual option to redeem its limited partnership interest but receives distributions based on the liquidation of the underlying assets. This limited liability company invests in a broad portfolio of non-investment grade loans, secured and unsecured corporate debt, credit default swaps, reverse repurchase agreements and synthetic indices. The Company does have the ability to sell its interest by providing notice to the fund. This limited partnership invests in performing, stressed or distressed securities and loans across the global fixed income markets. The Company does not have the ability to sell or transfer its limited partnership interest without consent from the general partner. The Company does not have the contractual option to redeem its limited partnership interest but receives distributions based on the liquidation of the underlying assets.

Goodwill - Additional Informati

Goodwill - Additional Information (Detail) - USD ($)	3 Months Ended		9 Months Ended		12 Months Ended
	Sep. 30, 2022	Sep. 30, 2021	Sep. 30, 2022	Sep. 30, 2021	Dec. 31, 2021	Jun. 30, 2022
Goodwill [Line Items]
Goodwill	$ 4,820,000		$ 4,820,000		$ 5,398,000	$ 5,398,000
Impairment of goodwill	578,000		578,000
Amortization of definite lived intangible assets	100,000	$ 100,000	$ 300,000	$ 400,000
Weighted average amortization period for definite lived intangible assets			13 years 7 months 6 days
Net Value	14,000,000		$ 14,000,000		19,000,000
Definite lived intangible assets	900,000		900,000		1,300,000
Impairment of definite lived intangible assets			5,251,000		172,000
State insurance licenses
Goodwill [Line Items]
Net Value	5,000,000		5,000,000		10,000,000
Impairment of State Licenses			5,000,000
Agent Relationship
Goodwill [Line Items]
Impairment of definite lived intangible assets			300,000
Commercial Specialty
Goodwill [Line Items]
Goodwill	4,820,000		4,820,000		4,820,000	4,820,000
Impairment of goodwill	0		0
Exited Lines Segment
Goodwill [Line Items]
Goodwill	0		0		$ 578,000	$ 578,000
Impairment of goodwill	$ 578,000		$ 578,000
Impairment of Intangible Asset Statement of Income or Comprehensive Income Extensible Enumeration	Corporate and other operating expenses		Corporate and other operating expenses
Impairment of definite lived intangible assets	$ 100,000		$ 100,000
Exited Lines Segment | Corporate and Other Operating Expenses
Goodwill [Line Items]
Impairment of goodwill	600,000		600,000
Exited Lines Segment | State insurance licenses
Goodwill [Line Items]
Net Value	5,000,000		5,000,000
Impairment of State Licenses	5,000,000		5,000,000
Farm, Ranch & Stable Business
Goodwill [Line Items]
Goodwill	$ 600,000		$ 600,000

Changes in Carrying Amount of G

Changes in Carrying Amount of Goodwill (Detail) - USD ($)	3 Months Ended	9 Months Ended
	Sep. 30, 2022	Sep. 30, 2022
Goodwill [Line Items]
Balance as of January 1, 2022 and July 1, 2022	$ 5,398,000	$ 5,398,000
Impairment	(578,000)	(578,000)
Balance as of September 30, 2022	4,820,000	4,820,000
Commercial Specialty
Goodwill [Line Items]
Balance as of January 1, 2022 and July 1, 2022	4,820,000	4,820,000
Impairment	0	0
Balance as of September 30, 2022	4,820,000	4,820,000
Exited Lines
Goodwill [Line Items]
Balance as of January 1, 2022 and July 1, 2022	578,000	578,000
Impairment	(578,000)	(578,000)
Balance as of September 30, 2022	$ 0	$ 0

Intangible Assets (Detail)

Intangible Assets (Detail) - USD ($) $ in Thousands	9 Months Ended	12 Months Ended
	Sep. 30, 2022	Dec. 31, 2021
Finite-Lived Intangible Assets [Line Items]
Net Value	$ 14,000	$ 19,000
Weighted Average Amortization Period	13 years 7 months 6 days
Cost	$ 25,800	25,800
Accumulated Amortization	5,651	5,367
Impairment	5,251	172
Net Value	900	1,300
Net Value	14,898	20,261
Trademarks
Finite-Lived Intangible Assets [Line Items]
Net Value	4,800	4,800
Trade names
Finite-Lived Intangible Assets [Line Items]
Net Value	4,200	4,200
State insurance licenses
Finite-Lived Intangible Assets [Line Items]
Net Value	5,000	10,000
Cost	10,000	$ 10,000
Impairment	$ 5,000
Customer relationships
Finite-Lived Intangible Assets [Line Items]
Weighted Average Amortization Period	15 years	15 years
Cost	$ 5,300	$ 5,300
Accumulated Amortization	4,402	4,137
Impairment	0	0
Net Value	$ 898	$ 1,163
Agent relationships
Finite-Lived Intangible Assets [Line Items]
Weighted Average Amortization Period	10 years	10 years
Cost	$ 900	$ 900
Accumulated Amortization	649	630
Impairment	251	172
Net Value	$ 0	$ 98
Trade names
Finite-Lived Intangible Assets [Line Items]
Weighted Average Amortization Period	7 years	7 years
Cost	$ 600	$ 600
Accumulated Amortization	600	600
Impairment	0	0
Net Value	$ 0	$ 0

Expected Amortization Expense (

Expected Amortization Expense (Detail) $ in Thousands	Sep. 30, 2022 USD ($)
Finite-Lived Intangible Assets, Net, Amortization Expense, Fiscal Year Maturity [Abstract]
2022	$ 88	[1]
2023	353
2024	353
2025	$ 104
[1] Excludes the nine months ended September 30, 2022

Allowance for Expected Credit_3

Allowance for Expected Credit Losses - Premium Receivables and Reinsurance Receivables - Schedule of Allowance for Credit Losses Related to Premium Receivables (Detail) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2022	Sep. 30, 2021	Sep. 30, 2022	Sep. 30, 2021
Premium Receivables
Beginning balance	$ 2,919	$ 2,822	$ 2,996	$ 2,900
Current period provision for expected credit losses	393	217	1,012	477
Write-offs	(461)	51	(1,157)	(287)
Ending balance	$ 2,851	$ 3,090	$ 2,851	$ 3,090

Allowance for Expected Credit_4

Allowance for Expected Credit Losses - Premium Receivables and Reinsurance Receivables - Schedule of Allowance for Credit Losses Related to Reinsurance Receivables (Detail) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2022	Sep. 30, 2021	Sep. 30, 2022	Sep. 30, 2021
Reinsurance Receivables
Beginning balance	$ 8,992	$ 8,992	$ 8,992	$ 8,992
Current period provision for expected credit losses	0	0	0	0
Write-offs	0	0	0	0
Recoveries of amounts previously written off	0	0	0	0
Ending balance	$ 8,992	$ 8,992	$ 8,992	$ 8,992

Income Taxes - Additional Infor

Income Taxes - Additional Information (Detail) - USD ($) $ in Millions	3 Months Ended		9 Months Ended
	Sep. 30, 2022	Sep. 30, 2021	Sep. 30, 2022	Sep. 30, 2021	Dec. 31, 2021
Income Tax [Line Items]
Effective income tax expense (benefit) rate	23.90%	18.60%	1,618.60%	(36.50%)
Net operating loss carryforwards	$ 24.7		$ 24.7		$ 28.6
Section 163(j) carryforward	$ 0.7		$ 0.7
UNITED STATES
Income Tax [Line Items]
Statutory income tax rates			21%
BERMUDA
Income Tax [Line Items]
Statutory income tax rates			0%
IRELAND | Non Trading Income
Income Tax [Line Items]
Statutory income tax rates			25%
IRELAND | Capital Gain
Income Tax [Line Items]
Statutory income tax rates			33%
IRELAND | Trading Income
Income Tax [Line Items]
Statutory income tax rates			12.50%

Components of Income Tax Expens

Components of Income Tax Expense (Benefit) (Detail) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2022	Sep. 30, 2021	Sep. 30, 2022	Sep. 30, 2021
Current income tax expense (benefit):
U.S. Federal	$ (19)	$ 11	$ (19)	$ 11
Total current income tax expense (benefit)	(19)	11	(19)	11
Deferred income tax expense (benefit):
U.S. Federal	7,457	(1,770)	3,418	(1,129)
Total deferred income tax expense (benefit)	7,457	(1,770)	3,418	(1,129)
Total income tax expense (benefit)	$ 7,438	$ (1,759)	$ 3,399	$ (1,118)

Differences in Tax Provision fo

Differences in Tax Provision for Financial Statement Purposes and Expected Tax Provision at Weighted Average Tax Rate (Detail) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2022	Sep. 30, 2021	Sep. 30, 2022	Sep. 30, 2021
Income Tax Disclosure [Abstract]
Expected tax provision at weighted average tax rate	$ 6,549	$ (1,989)	$ 44	$ 643
Adjustments:
Dividend exclusion	(20)	(20)	(66)	(56)
Change in tax status	700	0	700	0
Parent income treated as partnership for tax	101	41	2,171	(2,145)
Other	108	209	550	440
Total income tax expense (benefit)	$ 7,438	$ (1,759)	$ 3,399	$ (1,118)
Expected tax provision at weighted average	21%	21%	21%	21%
Adjustments:
Dividend exclusion, % of Pre-Tax Income	(0.10%)	0.20%	(31.40%)	(1.80%)
Change in tax status, % of Pre-Tax Income	2.40%	0%	333.30%	0%
Parent (income) loss treated as partnership for tax, % of Pre-Tax Income	0.30%	(0.40%)	1,033.80%	(70.10%)
Other, % of Pre-Tax Income	0.30%	(2.20%)	261.90%	14.40%
Effective income tax expense (benefit)	23.90%	18.60%	1,618.60%	(36.50%)

Summarized Activity in Liabilit

Summarized Activity in Liability for Unpaid Losses and Loss Adjustment Expenses (Detail) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2022	Sep. 30, 2021	Sep. 30, 2022	Sep. 30, 2021
Insurance [Abstract]
Balance at beginning of period	$ 804,661	$ 697,618	$ 759,904	$ 662,811
Less: Ceded reinsurance receivables	94,185	87,151	94,443	82,158
Net balance at beginning of period	710,476	610,467	665,461	580,653
Incurred losses and loss adjustment expenses related to:
Current year	91,451	110,644	275,398	290,247
Prior years	(2,992)	(1,449)	(9,626)	669
Total incurred losses and loss adjustment expenses	88,459	109,195	265,772	290,916
Paid losses and loss adjustment expenses related to:
Current year	33,972	46,501	76,366	106,778
Prior years	35,282	30,128	125,186	121,758
Total paid losses and loss adjustment expenses	69,254	76,629	201,552	228,536
Net balance at end of period	729,681	643,033	729,681	643,033
Plus: Ceded reinsurance receivables	95,913	88,732	95,913	88,732
Balance at end of period	$ 825,594	$ 731,765	$ 825,594	$ 731,765

Liability for Unpaid Losses a_3

Liability for Unpaid Losses and Loss Adjustment Expenses - Additional Information (Detail) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2022	Sep. 30, 2021	Sep. 30, 2022	Sep. 30, 2021
Causes of Increase (Decrease) in Liability for Unpaid Claims and Claims Adjustment Expense [Line Items]
Changes in prior year reserve	$ (2,992)	$ (1,449)	$ (9,626)	$ 669
Commercial Specialty
Causes of Increase (Decrease) in Liability for Unpaid Claims and Claims Adjustment Expense [Line Items]
Changes in prior year reserve	(300)	(2,100)	200	(5,200)
Commercial Specialty | Property Lines | Accident Years 2016 and 2018 through 2020
Causes of Increase (Decrease) in Liability for Unpaid Claims and Claims Adjustment Expense [Line Items]
Changes in prior year reserve				3,700
Commercial Specialty | Property Lines | Accident Years 2016, 2017, 2020, and 2021
Causes of Increase (Decrease) in Liability for Unpaid Claims and Claims Adjustment Expense [Line Items]
Changes in prior year reserve	(900)
Commercial Specialty | Property Lines | Accident Years 2016 through 2020
Causes of Increase (Decrease) in Liability for Unpaid Claims and Claims Adjustment Expense [Line Items]
Changes in prior year reserve		5,700
Commercial Specialty | Property Lines | Accident Years 2015 through 2021
Causes of Increase (Decrease) in Liability for Unpaid Claims and Claims Adjustment Expense [Line Items]
Changes in prior year reserve			(1,600)
Commercial Specialty | General Liability
Causes of Increase (Decrease) in Liability for Unpaid Claims and Claims Adjustment Expense [Line Items]
Changes in prior year reserve		(7,700)		(8,400)
Commercial Specialty | General Liability | Accident Years Prior to 2005 and the 2005 through 2010 | Construction Defect
Causes of Increase (Decrease) in Liability for Unpaid Claims and Claims Adjustment Expense [Line Items]
Changes in prior year reserve		(2,400)
Commercial Specialty | General Liability | Accident Years Prior to 2005 and 2005 through 2007, 2009, 2010, 2012, 2015 through 2020 | Other General Liability
Causes of Increase (Decrease) in Liability for Unpaid Claims and Claims Adjustment Expense [Line Items]
Changes in prior year reserve		(5,300)
Commercial Specialty | General Liability | Accident Years Prior to 2005, 2006, 2010, 2013, 2014, 2016 through 2020
Causes of Increase (Decrease) in Liability for Unpaid Claims and Claims Adjustment Expense [Line Items]
Changes in prior year reserve	700
Commercial Specialty | General Liability | Accident Years Prior to 2006, 2006, 2007, 2011 through 2021
Causes of Increase (Decrease) in Liability for Unpaid Claims and Claims Adjustment Expense [Line Items]
Changes in prior year reserve			2,200
Commercial Specialty | General Liability | Accident Years Prior to 2005 and 2005 through 2009 and 2011 | Construction Defect
Causes of Increase (Decrease) in Liability for Unpaid Claims and Claims Adjustment Expense [Line Items]
Changes in prior year reserve				(2,400)
Commercial Specialty | General Liability | Accident Years Prior to 2005 and 2005 through 2009 and 2012 through 2020 | Other General Liability
Causes of Increase (Decrease) in Liability for Unpaid Claims and Claims Adjustment Expense [Line Items]
Changes in prior year reserve				(6,000)
Commercial Specialty | Professional | Accident Year 2020
Causes of Increase (Decrease) in Liability for Unpaid Claims and Claims Adjustment Expense [Line Items]
Changes in prior year reserve	(100)
Commercial Specialty | Professional | Accident Years 2019 and 2020
Causes of Increase (Decrease) in Liability for Unpaid Claims and Claims Adjustment Expense [Line Items]
Changes in prior year reserve		(100)		(500)
Commercial Specialty | Professional | Accident Years 2006, 2019 and 2020
Causes of Increase (Decrease) in Liability for Unpaid Claims and Claims Adjustment Expense [Line Items]
Changes in prior year reserve			(400)
Reinsurance Operations
Causes of Increase (Decrease) in Liability for Unpaid Claims and Claims Adjustment Expense [Line Items]
Changes in prior year reserve	(1,200)		(2,400)
Reinsurance Operations | Professional | Accident Year 2016
Causes of Increase (Decrease) in Liability for Unpaid Claims and Claims Adjustment Expense [Line Items]
Changes in prior year reserve	(1,200)
Reinsurance Operations | Professional | Accident Year 2016
Causes of Increase (Decrease) in Liability for Unpaid Claims and Claims Adjustment Expense [Line Items]
Changes in prior year reserve			(2,400)
Exited Lines
Causes of Increase (Decrease) in Liability for Unpaid Claims and Claims Adjustment Expense [Line Items]
Changes in prior year reserve	(1,500)	600	(7,400)	5,900
Exited Lines | Property Lines
Causes of Increase (Decrease) in Liability for Unpaid Claims and Claims Adjustment Expense [Line Items]
Changes in prior year reserve	1,200		200
Exited Lines | Property Lines | Accident Years 2011, 2014, 2016 through 2021 | Property Brokerage
Causes of Increase (Decrease) in Liability for Unpaid Claims and Claims Adjustment Expense [Line Items]
Changes in prior year reserve			500
Exited Lines | Property Lines | Accident Years 2016, 2017 and 2019 through 2021 | Specialty Property
Causes of Increase (Decrease) in Liability for Unpaid Claims and Claims Adjustment Expense [Line Items]
Changes in prior year reserve			300
Exited Lines | Property Lines | Accident Years 2014, 2016, 2018, 2020 and 2021 | Property Brokerage
Causes of Increase (Decrease) in Liability for Unpaid Claims and Claims Adjustment Expense [Line Items]
Changes in prior year reserve	800
Exited Lines | Property Lines | Accident Years 2018, 2020 and 2021 | Specialty Property
Causes of Increase (Decrease) in Liability for Unpaid Claims and Claims Adjustment Expense [Line Items]
Changes in prior year reserve	700
Exited Lines | Property Lines | Accident Years 2018 and 2019 | Farm, Ranch & Stable Lines
Causes of Increase (Decrease) in Liability for Unpaid Claims and Claims Adjustment Expense [Line Items]
Changes in prior year reserve	(200)
Exited Lines | Property Lines | Accident Years 2016, 2017, 2018 and 2020
Causes of Increase (Decrease) in Liability for Unpaid Claims and Claims Adjustment Expense [Line Items]
Changes in prior year reserve		2,100
Exited Lines | Property Lines | Accident Years 2015 through 2020
Causes of Increase (Decrease) in Liability for Unpaid Claims and Claims Adjustment Expense [Line Items]
Changes in prior year reserve				9,600
Exited Lines | Property Lines | Accident Years 2018 through 2021 | Farm, Ranch & Stable Lines
Causes of Increase (Decrease) in Liability for Unpaid Claims and Claims Adjustment Expense [Line Items]
Changes in prior year reserve			(600)
Exited Lines | General Liability
Causes of Increase (Decrease) in Liability for Unpaid Claims and Claims Adjustment Expense [Line Items]
Changes in prior year reserve			(500)
Exited Lines | General Liability | Accident Years 2007, 2015 through 2020
Causes of Increase (Decrease) in Liability for Unpaid Claims and Claims Adjustment Expense [Line Items]
Changes in prior year reserve		(1,000)
Exited Lines | General Liability | Accident Years 2016, 2017 and 2019 through 2021 | Specialty Property
Causes of Increase (Decrease) in Liability for Unpaid Claims and Claims Adjustment Expense [Line Items]
Changes in prior year reserve			(300)
Exited Lines | General Liability | Accident Years 2011 and 2017 through 2019 | Farm, Ranch & Stable Lines
Causes of Increase (Decrease) in Liability for Unpaid Claims and Claims Adjustment Expense [Line Items]
Changes in prior year reserve			(200)
Exited Lines | General Liability | Accident Years 2007 and 2015 through 2020
Causes of Increase (Decrease) in Liability for Unpaid Claims and Claims Adjustment Expense [Line Items]
Changes in prior year reserve				(2,200)
Exited Lines | Reinsurance | Accident Years 2012, 2015, 2017 through 2020
Causes of Increase (Decrease) in Liability for Unpaid Claims and Claims Adjustment Expense [Line Items]
Changes in prior year reserve		$ (500)
Exited Lines | Reinsurance | Accident Years 2016 through 2021
Causes of Increase (Decrease) in Liability for Unpaid Claims and Claims Adjustment Expense [Line Items]
Changes in prior year reserve	$ (2,700)		$ (7,000)
Exited Lines | Reinsurance | Accident Years 2010 through 2012, 2015, 2017 through 2020
Causes of Increase (Decrease) in Liability for Unpaid Claims and Claims Adjustment Expense [Line Items]
Changes in prior year reserve				$ (1,500)

Outstanding Debt (Detail)

Outstanding Debt (Detail) - USD ($) $ in Thousands		Sep. 30, 2022	Dec. 31, 2021
Debt Instrument [Line Items]
Debt		$ 0	$ 126,430
7.875% Subordinated Notes due 2047
Debt Instrument [Line Items]
Debt	[1]	$ 0	$ 126,430
[1] As of December 31, 2021 , the carrying value and fair value of the 7.875 % Subordinated Notes due 2047 are net of unamortized debt issuance cost of $ 3.6 million. In April 2022, the Company redeemed all of its outstanding 7.875 % subordinated notes due 2047 and unamortized debt issuance cost of $ 3.5 million was written off included in the consolidated statements of operations as loss on extinguishment of debt.

Outstanding Debt (Parenthetical

Outstanding Debt (Parenthetical) (Detail) - 7.875% Subordinated Notes due 2047		1 Months Ended	9 Months Ended	12 Months Ended
	Apr. 15, 2022	Apr. 30, 2022	Sep. 30, 2022	Dec. 31, 2021
Debt Instrument [Line Items]
Subordinated Notes percentage		7.875%	7.875%	7.875%
Subordinated Notes due date	2047	2047	2047	2047

Debt - Additional Information (

Debt - Additional Information (Detail) - USD ($)			1 Months Ended	3 Months Ended		9 Months Ended		12 Months Ended
		Apr. 15, 2022	Apr. 30, 2022	Sep. 30, 2022	Sep. 30, 2021	Sep. 30, 2022	Sep. 30, 2021	Dec. 31, 2021
Debt Instrument [Line Items]
Debt				$ 0		$ 0		$ 126,430,000
Interest expense				0	$ 2,596,000	3,004,000	$ 7,887,000
Redemption of aggregate principal amount						130,000,000	0
Loss on extinguishment of debt				$ 0	0	$ (3,529,000)	0
7.875% Subordinated Notes due 2047
Debt Instrument [Line Items]
Stated interest rate			7.875%	7.875%		7.875%		7.875%
Debt	[1]			$ 0		$ 0		$ 126,430,000
Interest expense				0	2,600,000	$ 3,000,000	7,800,000
Redemption date						Apr. 15, 2022
Debt instrument, redemption description						On April 15, 2022, the Company redeemed the entire $130.0 million in aggregate principal amount of the outstanding 2047 Notes plus accrued and unpaid interest on the 2047 Notes redeemed to, but not including the Redemption Date of April 15, 2022.
Redemption of aggregate principal amount		$ 130,000,000
Subordinated Notes due date		2047	2047			2047		2047
Loss on extinguishment of debt				$ 0	0	$ 3,500,000	0
Margin borrowing facilities
Debt Instrument [Line Items]
Stated interest rate				3.80%		3.80%		0.80%
Collateral deposited to support borrowing				$ 0		$ 0		$ 0
Debt Securities, Available-for-Sale, Restriction Type [Extensible Enumeration]				us-gaap:AssetPledgedAsCollateralMember		us-gaap:AssetPledgedAsCollateralMember		us-gaap:AssetPledgedAsCollateralMember
Debt				$ 0		$ 0		$ 0
Interest expense				$ 0	$ 0	$ 0	$ 0
[1] As of December 31, 2021 , the carrying value and fair value of the 7.875 % Subordinated Notes due 2047 are net of unamortized debt issuance cost of $ 3.6 million. In April 2022, the Company redeemed all of its outstanding 7.875 % subordinated notes due 2047 and unamortized debt issuance cost of $ 3.5 million was written off included in the consolidated statements of operations as loss on extinguishment of debt.

Leases - Additional Information

Leases - Additional Information (Detail) $ in Millions	3 Months Ended	9 Months Ended
	Sep. 30, 2022 USD ($)	Sep. 30, 2022 USD ($) Lease	Sep. 29, 2022
Lessee Lease Description [Line Item]
Operating lease, existence of option to terminate [true false]		true
Operating lease, existence of option to extend [true false]		true
Operating lease, existence of option to retract [true false]		true
Operating lease, number of leases, contraction clause exercised | Lease		1
Operating lease, contraction fee on exercising contraction clause		$ 0.3
Farm, Ranch & Stable Business Lines
Lessee Lease Description [Line Item]
Impairment of lease cost	$ 0.5	$ 0.5
Farm, Ranch & Stable Business Lines | Omaha Nebraska Building and Parking
Lessee Lease Description [Line Item]
Lessee, operating lease, term	65 months	65 months	125 months
Minimum
Lessee Lease Description [Line Item]
Operating lease, remaining lease term	11 months	11 months
Maximum
Lessee Lease Description [Line Item]
Operating lease, remaining lease term	8 years	8 years

Components of Lease Expenses (D

Components of Lease Expenses (Detail) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2022	Sep. 30, 2021	Sep. 30, 2022	Sep. 30, 2021
Leases [Abstract]
Operating lease expenses	$ 599	$ 667	$ 1,820	$ 2,118
Short-term lease expenses	6	2	11	7
Sublease income	(90)	0	(256)	0
Total lease expenses	$ 515	$ 669	$ 1,575	$ 2,125

Schedule of Supplemental Cash F

Schedule of Supplemental Cash Flow Information Related To Leases (Detail) - USD ($) $ in Thousands	9 Months Ended
	Sep. 30, 2022	Sep. 30, 2021
Cash paid for amounts included in the measurement of liabilities:
Operating leases	$ 1,574	$ 2,125
Right-of-use assets obtained in exchange for new lease obligations:
Operating leases	$ 0	$ 635

Schedule of Supplemental Balanc

Schedule of Supplemental Balance Sheet Information Related to Leases (Detail) - USD ($) $ in Thousands		Sep. 30, 2022	Dec. 31, 2021
Assets:
Lease right of use assets		$ 13,461	$ 16,051
Liabilities:
Lease liabilities		$ 16,734	$ 19,079
Weighted-average remaining lease term:
Operating leases		6 years 10 months 24 days	7 years 8 months 12 days
Weighted-average discount rate:
Operating leases	[1]	0.80%	0.90%
[1] Represents the Company’s incremental borrowing rate at the time the leases were contracted.

Future Minimum Lease Payments U

Future Minimum Lease Payments Under Non-cancelable Operating Leases (Detail) - USD ($) $ in Thousands		Sep. 30, 2022	Dec. 31, 2021
Leases [Abstract]
Operating leases, 2022	[1]	$ 723
Operating leases, 2023		2,995
Operating leases, 2024		2,799
Operating leases, 2025		2,866
Operating leases, 2026		2,720
Operating leases, thereafter		5,077
Total future minimum lease payments		17,180
Less: amount representing interest		446
Present value of minimum lease payments		16,734	$ 19,079
Expected sublease income, 2022	[1]	72
Expected sublease income, 2023		291
Expected sublease income, 2024		297
Expected sublease income, 2025		388
Expected sublease income, 2026		342
Expected sublease income, thereafter		0
Total future minimum lease payments		1,390
Less: amount representing interest		0
Present value of minimum lease payments		$ 1,390
[1] Excludes the nine months ended September 30, 2022

Shareholders' Equity - Addition

Shareholders' Equity - Additional Information (Detail)		3 Months Ended		9 Months Ended
	Apr. 05, 2021 shares	Sep. 30, 2022 USD ($) Stockholder $ / shares shares	Sep. 30, 2021 USD ($) $ / shares shares	Sep. 30, 2022 USD ($) Stockholder $ / shares shares	Sep. 30, 2021 USD ($) $ / shares shares	Sep. 23, 2022 USD ($)	Dec. 31, 2021 USD ($)
Equity [Line Items]
Dividend & distribution payable, per share | $ / shares		$ 0.25	$ 0.25	$ 0.25	$ 0.25
Distribution paid to preferred shareholder		$ 110,000	$ 110,000	$ 330,000	$ 330,000
Accrued distributions		1,000,000		1,000,000			$ 900,000
Distributions Paid
Equity [Line Items]
Distribution paid to preferred shareholder		100,000	$ 100,000	300,000	$ 300,000
Distributions Declared
Equity [Line Items]
Accrued distributions						$ 3,600,000
Maximum
Equity [Line Items]
Accrued preferred distributions		$ 100,000		$ 100,000			$ 100,000
Class A Common Shares
Equity [Line Items]
Shares repurchased | shares		0	0	15,954	16,915
Average price paid per share | $ / shares				$ 25.94	$ 28.34
Number of shareholders | Stockholder		155		155
Class B Common Shares
Equity [Line Items]
Shares repurchased | shares		0	0	0	0
Share conversion | shares	186,160
Number of shareholders | Stockholder		3		3
Series A Preferred Interest
Equity [Line Items]
Number of shareholders | Stockholder		1		1

Information with Respect to Cla

Information with Respect to Class A Common Shares that were Surrendered or Repurchased (Detail) - Class A Common Shares - USD ($)		3 Months Ended		9 Months Ended
		Sep. 30, 2022	Sep. 30, 2021	Sep. 30, 2022	Sep. 30, 2021
Equity, Class of Treasury Stock [Line Items]
Shares repurchased		0	0	15,954	16,915
Average Price Paid Per Share				$ 25.94	$ 28.34
Total Number of Shares Purchased as Part of Publicly Announced Plan or Program				0	0
Approximate Dollar Value of Shares that May Yet Be Purchased Under the Plans or Programs		$ 0	$ 0	$ 0	$ 0
January 1-31, 2022
Equity, Class of Treasury Stock [Line Items]
Shares repurchased	[1],[2]			4,781
Average Price Paid Per Share	[1]			$ 25.13
Total Number of Shares Purchased as Part of Publicly Announced Plan or Program	[1]			0
Approximate Dollar Value of Shares that May Yet Be Purchased Under the Plans or Programs	[1]	0		$ 0
June 1-30, 2022
Equity, Class of Treasury Stock [Line Items]
Shares repurchased	[1]			11,173
Average Price Paid Per Share	[1]			$ 26.28
Total Number of Shares Purchased as Part of Publicly Announced Plan or Program	[1]			0
Approximate Dollar Value of Shares that May Yet Be Purchased Under the Plans or Programs	[1]	$ 0		$ 0
January 1-31, 2021
Equity, Class of Treasury Stock [Line Items]
Shares repurchased	[1],[2]				6,720
Average Price Paid Per Share	[1]				$ 28.59
Total Number of Shares Purchased as Part of Publicly Announced Plan or Program	[1]				0
Approximate Dollar Value of Shares that May Yet Be Purchased Under the Plans or Programs	[1]		0		$ 0
March 1-31, 2021
Equity, Class of Treasury Stock [Line Items]
Shares repurchased	[1],[2]				3,095
Average Price Paid Per Share	[1]				$ 29.40
Total Number of Shares Purchased as Part of Publicly Announced Plan or Program	[1]				0
Approximate Dollar Value of Shares that May Yet Be Purchased Under the Plans or Programs	[1]		0		$ 0
June 1-30, 2021
Equity, Class of Treasury Stock [Line Items]
Shares repurchased	[1],[2]				7,100
Average Price Paid Per Share	[1]				$ 27.64
Total Number of Shares Purchased as Part of Publicly Announced Plan or Program	[1]				0
Approximate Dollar Value of Shares that May Yet Be Purchased Under the Plans or Programs	[1]		$ 0		$ 0
[1] Based on settlement date. Surrendered by employees as payment of taxes withheld on the vesting of restricted stock and/or restricted stock units.

Schedule of Distributions Decla

Schedule of Distributions Declared (Detail) - USD ($) $ in Thousands

9 Months Ended

Oct. 11, 2022

Sep. 23, 2022

Jun. 30, 2022

Jun. 02, 2022

Mar. 31, 2022

Mar. 03, 2022

Sep. 30, 2021

Sep. 11, 2021

Jun. 30, 2021

Jun. 05, 2021

Mar. 31, 2021

Feb. 14, 2021

Sep. 30, 2022

Sep. 30, 2021

Dividends Payable [Line Items]

Approval Date

Sep. 23, 2022

Jun. 02, 2022

Mar. 03, 2022

Sep. 11, 2021

Jun. 05, 2021

Feb. 14, 2021

Record Date

Oct. 04, 2022

Jun. 20, 2022

Mar. 21, 2022

Sep. 23, 2021

Jun. 21, 2021

Mar. 22, 2021

Payment Date

Oct. 11, 2022

Jun. 30, 2022

Mar. 31, 2022

Sep. 30, 2021

Jun. 30, 2021

Mar. 31, 2021

Payment of dividends

$ 3,616

$ 3,602

$ 3,597

$ 3,583

$ 3,579

$ 3,570

$ 11,089

$ 10,961

Unvested Shares, Net of Forfeitures

Dividends Payable [Line Items]

Approval Date

Various

Various

Record Date

Various

Various

Payment Date

Various

Various

Payment of dividends

[1]

$ 274

$ 229

[1] Represents distributions declared on unvested shares, net of forfeitures.

Related Party Transactions - Ad

Related Party Transactions - Additional Information (Detail) - USD ($)		3 Months Ended		9 Months Ended
	Aug. 27, 2020	Sep. 30, 2022	Sep. 30, 2021	Sep. 30, 2022	Sep. 30, 2021	Dec. 31, 2021
Series A Preferred Interest
Related Party Transaction [Line Items]
Preferred interests, non-voting description				While these preferred interests are non-voting, the preferred shareholders are entitled to appoint two additional members to Global Indemnity Group, LLC’s Board of Directors whenever the “Unpaid Targeted Priority Return” with respect to the preferred interests exceed zero immediately following six or more “Distribution Dates”, whether or not such Distribution Dates occur consecutively
Fox Paine Entities
Related Party Transaction [Line Items]
Company's total voting power		82.80%		82.80%
Wyncote LLC | Series A Preferred Interest
Related Party Transaction [Line Items]
Preferred shares issued	4,000
Shares issued, price per share	$ 1,000
Preferred shares issued, value	$ 4,000,000
Fox Paine and Company
Related Party Transaction [Line Items]
Management fees		$ 700,000	$ 700,000	$ 2,100,000	$ 2,000,000
Accrued management fees		$ 200,000		$ 200,000
Prepaid management fees						$ 1,900,000

Commitments and Contingencies -

Commitments and Contingencies - Additional Information (Detail) - USD ($) $ in Thousands	Sep. 30, 2022	Dec. 31, 2021	Jan. 31, 2021	Dec. 31, 2017	Dec. 31, 2014
Commitments and Contingencies [Line Items]
Commitment to purchase alternative investment			$ 25,000	$ 50,000	$ 50,000
Future Funding Commitments	$ 31,214	$ 31,214
European Non-Performing Loan Fund, LP
Commitments and Contingencies [Line Items]
Funded commitment amount	35,800
Distressed Debt Fund, LP
Commitments and Contingencies [Line Items]
Funded commitment amount	33,000
Unfunded Commitments | European Non-Performing Loan Fund, LP
Commitments and Contingencies [Line Items]
Future Funding Commitments	14,200
Unfunded Commitments | Distressed Debt Fund, LP
Commitments and Contingencies [Line Items]
Future Funding Commitments	$ 17,000

Share-Based Compensation Plans

Share-Based Compensation Plans - Additional Information (Detail) - $ / shares	3 Months Ended			9 Months Ended		12 Months Ended
	Sep. 30, 2022	Sep. 30, 2021	Mar. 31, 2021	Sep. 30, 2022	Sep. 30, 2021	Dec. 31, 2021
Performance Based Stock Options
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Stock options awarded			140,000
Percentage of shares vested on each anniversary of the grant date			33%
Vesting year			3 years
Vesting period expiration date			10 years
Options forfeited						46,667
Stock Options
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Stock options awarded	0	0		0
Unvested stock options forfeited	0	0		0	300,000
Restricted Stock | Key Employees
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Number of shares granted	0	0		0	0
Restricted Stock | Non Employee Director
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Number of shares granted	26,116	21,472		76,686	61,216
Weighted average grant date value of shares granted	$ 25.13	$ 26.39		$ 25.57	$ 27.77
Shares deferred for vesting	9,120	5,263		25,260	15,004
Restricted Stock Units
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Shares vested	0	0		61,522	42,977
Restricted Stock Units | Key Employees
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Number of shares granted	0	0		0	0

Computation of Basic and Dilute

Computation of Basic and Diluted Earnings Per Share (Detail) - USD ($) $ / shares in Units, $ in Thousands		3 Months Ended			9 Months Ended
		Sep. 30, 2022	Sep. 30, 2021		Sep. 30, 2022	Sep. 30, 2021
Numerator:
Net income (loss)		$ 23,746	$ (7,713)		$ (3,189)	$ 4,179
Less: preferred stock distributions		110	110		330	330
Net income (loss) available to common shareholders		$ 23,636	$ (7,823)		$ (3,519)	$ 3,849
Denominator:
Weighted average shares for basic earnings per share		14,589,797	14,445,434		14,549,601	14,413,006
Weighted average shares for diluted earnings per share	[1]	14,795,962	14,445,434		14,549,601	14,650,599
Basic		$ 1.62	$ (0.54)	[2]	$ (0.24)	$ 0.27	[2]
Diluted		$ 1.60	$ (0.54)	[2]	$ (0.24)	$ 0.26	[2]
Restricted Stock
Denominator:
Non-vested restricted stock, units and options		0	0		0	10,339
Restricted Stock Units
Denominator:
Non-vested restricted stock, units and options		119,469	0		0	117,750
Stock Options
Denominator:
Non-vested restricted stock, units and options		86,696	0		0	109,504
[1] For the nine months ended September 30, 2022 and the quarter ended September 30, 2021, “weighted average shares outstanding – basic” was used to calculate “diluted earnings per share” due to a net loss in each period. For the nine months ended September 30, 2022 and the quarter ended September 30, 2021, “weighted average shares outstanding – basic” was used to calculate “diluted earnings per share” due to a net loss for the period.

Earning Per Share - Additional

Earning Per Share - Additional Information (Detail) - shares	3 Months Ended		9 Months Ended
	Sep. 30, 2022	Sep. 30, 2021	Sep. 30, 2022	Sep. 30, 2021
Antidilutive Securities Excluded From Computation Of Earnings Per Share [Line Items]
Incremental shares included in calculation of diluted EPS		14,708,389	14,748,967
Stock Options
Antidilutive Securities Excluded From Computation Of Earnings Per Share [Line Items]
Shares excluded from calculation of diluted earnings per share	393,333	540,000	393,333	540,000
Restricted Stock Diluted
Antidilutive Securities Excluded From Computation Of Earnings Per Share [Line Items]
Non-vested restricted stock, units and options		11,974
Restricted Stock Units Diluted
Antidilutive Securities Excluded From Computation Of Earnings Per Share [Line Items]
Non-vested restricted stock, units and options		151,538	107,005
Stock Options Diluted
Antidilutive Securities Excluded From Computation Of Earnings Per Share [Line Items]
Non-vested restricted stock, units and options		99,442	92,360

Segment Information - Additiona

Segment Information - Additional Information (Detail)	9 Months Ended
	Sep. 30, 2022 Segment
Segment Reporting [Abstract]
Number of reportable business segments managed	3
Number of business segments	2

Summary of Business Segment Inf

Summary of Business Segment Information (Detail) - USD ($) $ in Thousands		3 Months Ended		9 Months Ended
		Sep. 30, 2022	Sep. 30, 2021	Sep. 30, 2022	Sep. 30, 2021	Dec. 31, 2021
Revenues:
Gross written premiums		$ 175,827	$ 174,303	$ 563,633	$ 513,097
Net written premiums		142,835	162,299	469,475	470,635
Net earned premiums		153,644	157,565	458,216	450,673
Other income (loss)		379	414	992	1,334
Total revenues		154,023	157,979	459,208	452,007
Losses and Expenses:
Net losses and loss adjustment expenses		88,459	109,195	265,772	290,916
Acquisition costs and other underwriting expenses		60,876	59,282	178,666	171,259
Income (loss) from segments		4,688	(10,498)	14,770	10,168
Unallocated Items:
Net investment income		8,389	9,344	16,911	29,813
Net realized investment gains (losses)		2,234	(310)	(33,067)	7,342
Other income (loss)		29,937	(25)	29,847	(47)
Corporate and other operating expenses		(14,064)	(5,387)	(21,718)	(15,992)
Interest expense		0	(2,596)	(3,004)	(7,887)
Loss on extinguishment of debt		0	0	(3,529)	0
Income (loss) before income taxes		31,184	(9,472)	210	3,061
Income tax benefit (expense)		(7,438)	1,759	(3,399)	1,118
Net income (loss)		23,746	(7,713)	(3,189)	4,179
Total assets		1,879,137	1,950,621	1,879,137	1,950,621	$ 2,012,809
Segment Assets
Unallocated Items:
Total assets		1,705,040	1,545,601	1,705,040	1,545,601
Corporate Assets
Unallocated Items:
Total assets		174,097	405,020	174,097	405,020
Commercial Specialty
Revenues:
Gross written premiums		100,598	97,950	314,661	286,690
Net written premiums		95,917	92,822	295,401	266,641
Net earned premiums		100,822	88,807	287,757	249,464
Other income (loss)		272	227	791	679
Total revenues		101,094	89,034	288,548	250,143
Losses and Expenses:
Net losses and loss adjustment expenses		58,919	58,125	167,014	150,584
Acquisition costs and other underwriting expenses		39,463	32,025	109,374	91,624
Income (loss) from segments		2,712	(1,116)	12,160	7,935
Unallocated Items:
Total assets		996,336	904,051	996,336	904,051
Reinsurance Operations
Revenues:
Gross written premiums	[1]	43,717	29,748	131,556	76,186
Net written premiums	[1]	43,717	29,748	131,556	76,186
Net earned premiums	[1]	35,148	24,235	108,707	59,094
Other income (loss)	[1]	(38)	(58)	(119)	(100)
Total revenues	[1]	35,110	24,177	108,588	58,994
Losses and Expenses:
Net losses and loss adjustment expenses	[1]	20,393	15,288	64,331	37,763
Acquisition costs and other underwriting expenses	[1]	13,050	8,510	39,596	20,487
Income (loss) from segments	[1]	1,667	379	4,661	744
Unallocated Items:
Total assets	[1]	372,036	305,107	372,036	305,107
Exited Lines
Revenues:
Gross written premiums		31,512	46,605	117,416	150,221
Net written premiums		3,201	39,729	42,518	127,808
Net earned premiums		17,674	44,523	61,752	142,115
Other income (loss)		145	245	320	755
Total revenues		17,819	44,768	62,072	142,870
Losses and Expenses:
Net losses and loss adjustment expenses		9,147	35,782	34,427	102,569
Acquisition costs and other underwriting expenses		8,363	18,747	29,696	59,148
Income (loss) from segments		309	(9,761)	(2,051)	(18,847)
Unallocated Items:
Total assets		$ 336,668	$ 336,443	$ 336,668	$ 336,443
[1] (1) External business only, excluding business assumed from affiliates.

Subsequent Events - Additional

Subsequent Events - Additional Information (Detail)		3 Months Ended	9 Months Ended
	Oct. 01, 2022 USD ($)	Dec. 31, 2022 USD ($)	Sep. 30, 2022 USD ($) AcquisitionsOrDivestitures
Maximum | Class A Common Shares | Subsequent Event
Subsequent Event [Line Items]
Stock repurchase program, authorized amount	$ 32,000,000
Stock repurchase program, expiration date	Dec. 31, 2027
Jason B. Hurwitz
Subsequent Event [Line Items]
Number of corporate acquisitions or divestitures completed | AcquisitionsOrDivestitures			28
Corporate acquisitions or divestitures completed amount			$ 5,000,000,000
Scenario Forecast | David S. Charlton and Reiner R. Mauer
Subsequent Event [Line Items]
Accrued compensation expense reversed		$ 4,000,000