Global Indemnity (GBLI) 10-K 15 Mar 24 2023 FY Annual report Financial data

Document and Entity Information

Document and Entity Information - USD ($)	12 Months Ended
	Dec. 31, 2023	Mar. 05, 2024	Jun. 30, 2023
Document Information [Line Items]
Document Type	10-K
Amendment Flag	false
Document Period End Date	Dec. 31, 2023
Document Fiscal Year Focus	2023
Document Fiscal Period Focus	FY
Document Annual 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 Well-known Seasoned Issuer	No
Entity Current Reporting Status	Yes
Entity Voluntary Filers	No
Entity Filer Category	Accelerated Filer
Entity Small Business	false
Entity Emerging Growth Company	false
Entity Shell Company	false
ICFR Auditor Attestation Flag	true
Document Financial Statement Error Correction [Flag]	false
Entity Interactive Data Current	Yes
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
Entity Public Float			$ 230,791,045
Auditor Firm ID	42
Auditor Name	Ernst & Young LLP
Auditor Location	Philadelphia, Pennsylvania
Title of each class	Class A Common Shares
Trading Symbol	GBLI
Name of each exchange on which registered	NYSE
Documents Incorporated by Reference	DOCUMENTS INCORPORATED BY REFERENCE Portions of the Registrant’s Proxy Statement relating to the 2024 Annual Meeting of Shareholders to be filed with the SEC within 120 days of the fiscal year ended December 31, 2023 are incorporated by reference into Part III of this report.
Class A Common Shares
Document Information [Line Items]
Entity Ordinary Shares, Shares Outstanding		9,785,318
Class B Common Shares
Document Information [Line Items]
Entity Ordinary Shares, Shares Outstanding		3,793,612

Consolidated Balance Sheets

Consolidated Balance Sheets - USD ($) $ in Thousands	Dec. 31, 2023		Dec. 31, 2022
Fixed maturities:
Available for sale, at fair value (amortized cost: $1,322,092 and $1,301,723; net of allowance for expected credit losses of: $0 at December 31, 2023 and 2022	$ 1,293,793		$ 1,248,198
Equity securities, at fair value	16,508		17,520
Other invested assets	38,236		38,176
Total investments	1,348,537		1,303,894
Cash and cash equivalents	38,037		38,846
Premium receivables, net of allowance for expected credit losses of $4,796 and $3,322 at December 31, 2023 and 2022, respectively	102,158		168,743
Reinsurance receivables, net of allowance for expected credit losses of $8,992 at December 31, 2023 and 2022	80,439		85,721
Funds held by ceding insurers	16,989		19,191
Deferred federal income taxes	36,802		47,099
Deferred acquisition costs	42,445		64,894
Intangible assets	14,456		14,810
Goodwill	4,820		4,820
Prepaid reinsurance premiums	4,958		17,421
Receivable For Securities Sold	3,858		0
Lease right of use assets	9,715		11,739
Other assets	26,362		23,597
Total assets	1,729,576		1,800,775
Liabilities:
Unpaid losses and loss adjustment expenses	850,599		832,404
Unearned premiums	182,852		269,353
Ceded balances payable	2,642		17,241
Payable for securities purchased	0		66
Federal income tax payable	1,595		0
Contingent commissions	5,632		8,816
Lease liabilities	12,733	[1]	15,701
Other liabilities	24,770		30,965
Total liabilities	1,080,823		1,174,546
Commitments and contingencies (Note 17)
Shareholders’ equity:
Common shares: no par value; 900,000,000 common shares authorized; class A common shares issued: 11,042,670 and 10,876,041, respectively; class A common shares outstanding: 9,771,429 and 10,073,660, respectively; class B common shares issued and outstanding: 3,793,612 and 3,793,612, respectively	0		0
Additional paid-in capital	454,791		451,305
Accumulated other comprehensive income (loss), net of tax	(22,863)		(43,058)
Retained earnings	244,988		233,468
Total shareholders’ equity	648,753		626,229
Total liabilities and shareholders’ equity	1,729,576		1,800,775
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: 1,271,241 and 802,381 shares, respectively	$ (32,163)		$ (19,486)
[1] Includes future minimum lease payments of $ 3.2 million on leases that have been impaired because the property is no longer in use.

Consolidated Balance Sheets (Pa

Consolidated Balance Sheets (Parenthetical) - USD ($) $ in Thousands	Dec. 31, 2023	Dec. 31, 2022	Dec. 31, 2021
Available for sale, amortized cost	$ 1,322,092	$ 1,301,723
Available-for-sale, net of allowance for expected credit losses	0	0
Premiums receivable, allowance for expected credit loss	4,796	3,322	$ 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	11,042,670	10,876,041
Common shares, shares outstanding	9,771,429	10,073,660
Treasury shares, shares	1,271,241	802,381
Class B Common Shares
Common shares, shares issued	3,793,612	3,793,612
Common shares, shares outstanding	3,793,612	3,793,612

Consolidated Statements of Oper

Consolidated Statements of Operations - USD ($) $ in Thousands		12 Months Ended
		Dec. 31, 2023	Dec. 31, 2022	Dec. 31, 2021
Revenues:
Gross written premiums		$ 416,397	$ 727,603	$ 682,122
Ceded written premiums		(17,078)	(136,272)	(102,054)
Net written premiums		399,319	591,331	580,068
Change in net unearned premiums		74,038	11,140	15,542
Net earned premiums		473,357	602,471	595,610
Net investment income		55,444	27,627	37,020
Net realized investment gains (losses)		(2,107)	(32,929)	15,887
Other income		1,435	31,365	29,751
Total revenues		528,129	628,534	678,268
Losses and Expenses:
Net losses and loss adjustment expenses		289,153	359,228	384,964
Acquisition costs and other underwriting expenses		182,617	236,381	222,841
Corporate and other operating expenses		23,383	24,421	27,179
Interest expense		0	3,004	10,481
Loss on extinguishment of debt		0	3,529	0
Income before income taxes		32,976	1,971	32,803
Income tax expense		7,547	2,821	3,449
Net income (loss)		25,429	(850)	29,354
Less: preferred stock distributions		440	440	440
Net income (loss) available to common shareholders		$ 24,989	$ (1,290)	$ 28,914
Net income (loss) available to common shareholders
Basic	[1]	$ 1.84	$ (0.09)	$ 2
Diluted	[1]	$ 1.83	$ (0.09)	$ 1.97
Weighted-average number of shares outstanding
Basic		13,553,168	14,482,164	14,426,739
Diluted		13,666,408	14,482,164	14,664,330
Cash distributions declared per common share		$ 1	$ 1	$ 1
[1] For the year ended December 31, 2022, “weighted average shares outstanding - basic” was used to calculate “diluted earnings per share” due to a net loss for the period.

Consolidated Statements of Comp

Consolidated Statements of Comprehensive Income (Loss) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2023	Dec. 31, 2022	Dec. 31, 2021
Statement of Comprehensive Income [Abstract]
Net income (loss)	$ 25,429	$ (850)	$ 29,354
Other comprehensive income (loss), net of tax:
Unrealized holding gains (losses)	18,892	(81,729)	(27,384)
Reclassification adjustment for (gains) losses included in net income (loss)	1,350	32,253	(278)
Unrealized foreign currency translation gains (losses)	(47)	14	(242)
Other comprehensive income (loss), net of tax	20,195	(49,462)	(27,904)
Comprehensive income (loss), net of tax	$ 45,624	$ (50,312)	$ 1,450

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 Stock Common	Series A Cumulative Fixed Rate Preferred Shares Preferred Stock	Class A Common Shares Common Stock	Class A Common Shares Treasury Stock Common	Class A Common Shares Treasury Stock Common Directors	Class B Common Shares Common Stock
Number at Dec. 31, 2020					0	4,000	10,263,722			4,133,366
Class A common shares purchased								17,318	0
Forfeited shares					178
Common shares issued under share incentive plans, net of forfeitures							41,508
Common shares issued to directors							83,199
Share conversion							186,160			(186,160)
Number at Dec. 31, 2021					17,496	4,000	10,574,589			3,947,206
Balance at Dec. 31, 2020		$ 445,051	$ 34,308	$ 234,965	$ 0	$ 4,000
Class A common shares purchased, at cost								$ (490)	$ 0
Other comprehensive income (loss), net of tax:
Change in unrealized holding gains (losses)			(27,662)
Unrealized foreign currency translation gains (losses)	$ (242)		(242)
Other comprehensive income (loss), net of tax	(27,904)		(27,904)
Net income (loss)	29,354			29,354
Preferred share distributions	(440)			(440)
Dividends/ Distribution to shareholders				(14,578)
Share compensation plans		2,355
Balance at Dec. 31, 2021	706,621	447,406	6,404	249,301	$ (490)	$ 4,000
Class A common shares purchased								923,036	(138,151)
Forfeited shares					0
Common shares issued under share incentive plans, net of forfeitures							50,598
Common shares issued to directors							97,260
Share conversion							153,594			(153,594)
Number at Dec. 31, 2022					802,381	4,000	10,876,041			3,793,612
Class A common shares purchased, at cost								$ (22,335)	$ 3,339
Other comprehensive income (loss), net of tax:
Change in unrealized holding gains (losses)			(49,476)
Unrealized foreign currency translation gains (losses)	14		14
Other comprehensive income (loss), net of tax	(49,462)		(49,462)
Net income (loss)	(850)			(850)
Preferred share distributions	(440)			(440)
Dividends/ Distribution to shareholders				(14,543)
Share compensation plans		3,899
Balance at Dec. 31, 2022	626,229	451,305	(43,058)	233,468	$ (19,486)	$ 4,000
Class A common shares purchased								468,860	0
Forfeited shares					0
Common shares issued under share incentive plans, net of forfeitures							75,541
Common shares issued to directors							91,088
Share conversion							0			0
Number at Dec. 31, 2023					1,271,241	4,000	11,042,670			3,793,612
Class A common shares purchased, at cost								$ (12,677)	$ 0
Other comprehensive income (loss), net of tax:
Change in unrealized holding gains (losses)			20,242
Unrealized foreign currency translation gains (losses)	(47)		(47)
Other comprehensive income (loss), net of tax	20,195		20,195
Net income (loss)	25,429			25,429
Preferred share distributions	(440)			(440)
Dividends/ Distribution to shareholders				(13,469)
Share compensation plans		3,486
Balance at Dec. 31, 2023	$ 648,753	$ 454,791	$ (22,863)	$ 244,988	$ (32,163)	$ 4,000

Consolidated Statements of Cash

Consolidated Statements of Cash Flows - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2023	Dec. 31, 2022	Dec. 31, 2021
Cash flows from operating activities:
Net income (loss)	$ 25,429	$ (850)	$ 29,354
Adjustments to reconcile net income (loss) to net cash provided by operating activities:
Amortization and depreciation	6,199	8,398	10,414
Amortization of debt issuance costs	0	41	142
Gross proceeds from sale of renewal rights	0	(30,000)	(28,000)
Impairment loss on right of use lease assets	0	488	1,515
Impairment loss on software	0	508	2,000
Impairment loss on goodwill and intangible assets	0	5,657	1,295
Restricted stock and stock option expense	3,486	3,899	2,355
Deferred federal income taxes	5,326	2,395	3,395
Amortization of bond premium and discount, net	(6,749)	1,267	6,509
Net realized investment (gains) losses	2,107	32,929	(15,887)
Loss on extinguishment of debt	0	3,529	0
(Income) loss from equity method investments, net of distributions	(2,369)	6,549	(2,716)
Changes in:
Premium receivables, net	66,585	(40,299)	(19,013)
Reinsurance receivables, net	5,282	14,143	(11,156)
Funds held by ceding insurers	2,142	8,785	17,216
Unpaid losses and loss adjustment expenses	18,195	72,500	97,093
Unearned premiums	(86,501)	(47,213)	25,071
Ceded balances payable	(14,599)	(18,099)	26,397
Other assets and liabilities	(14,970)	(12,814)	(16,507)
Contingent commissions	(3,184)	913	(2,929)
Federal income tax payable	1,595	0	0
Deferred acquisition costs	22,449	(4,563)	4,864
Prepaid reinsurance premiums	12,463	36,073	(40,613)
Net cash provided by operating activities	42,886	44,236	90,799
Cash flows from investing activities:
Proceeds from sale of fixed maturities	148,164	933,554	1,065,398
Proceeds from sale of equity securities	1,158	88,726	54,691
Proceeds from maturity of fixed maturities	280,115	81,546	87,057
Proceeds from maturity of preferred stock	500	1,000	666
Proceeds from other invested assets	2,309	107,925	17,082
Amounts received (paid) in connection with derivatives	0	12,726	2,723
Purchases of fixed maturities	(448,465)	(1,164,683)	(1,207,231)
Purchases of equity securities	(111)	(10,660)	(42,905)
Purchases of other invested assets	0	0	(70,000)
Gross proceeds from sale of renewal rights	0	30,000	28,000
Net cash provided by (used for) investing activities	(16,330)	80,134	(64,519)
Cash flows from financing activities:
Distributions paid to common shareholders	(14,248)	(14,366)	(14,431)
Distributions paid to preferred shareholders	(440)	(440)	(440)
Purchases of class A common shares	(12,677)	(22,335)	(490)
Issuance of class A common shares	0	3,339	0
Redemption of subordinated notes	0	(130,000)	0
Net cash used for financing activities	(27,365)	(163,802)	(15,361)
Net change in cash and cash equivalents	(809)	(39,432)	10,919
Cash and cash equivalents at beginning of period	38,846	78,278	67,359
Cash and cash equivalents at end of period	$ 38,037	$ 38,846	$ 78,278

Principles of Consolidation and

Principles of Consolidation and Basis of Presentation	12 Months Ended
	Dec. 31, 2023
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 . This transaction resulted in the redomestication of the Company to the United States. 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. During the fourth quarter of 2023, the Company restructured its insurance operations to strengthen its market presence and enhance GBLI's focus on core products and made the decision to manage the business through two segments, Penn-America and Non-Core Operations. 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. Segment results for prior years have been revised to reflect these changes. See Note 22 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, and Penn-Patriot Insurance Company. The insurance companies’ primary activity is providing insurance products across a distribution network that includes wholesale general agents, retail agents, and direct-to-consumer. The Company manages the distribution of its core product offerings through Penn-America (formerly known as Commercial Specialty). Penn-America offers specialty property and casualty products designed for GBLI's Wholesale Commercial, Programs, InsurTech, and Assumed Reinsurance product offerings. These product lines are offered in the excess and surplus lines marketplace. The Company also has a Non-Core Operations segment that contains lines of business that have been de-emphasized or are no longer being written. 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 consolidated financial statements 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 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. Certain amounts not reported in the Consolidated Statements of Operations for 2021 have been reported to conform to the presentation adopted in 2022. Specifically, the Company reported ceded written premiums and change in net unearned premiums in the presentation for 2022 and 2023. This change had no effect on total revenues, total expenses, or net income (loss) reported for the prior years.

Sale of Renewal Rights

Sale of Renewal Rights	12 Months Ended
	Dec. 31, 2023
Disposal Group, Not Discontinued Operation, Disposal Disclosures [Abstract]
Sale of Renewal Rights	2. Sale of Renewal Rights Manufactured & Dwelling Homes Business On October 26, 2021, the Company sold the renewal rights related to its manufactured and dwelling homes business to K2 Insurance Services (“K2”) and American Family Mutual Insurance Company (“American Family”). Pursuant to the tripartite transaction, the Company received $ 28.0 million in cash in October 2021. The Company also retained the American Reliable 50-state licensed operating unit, $ 65 million of net capital supporting the business, and a related $ 42 million unearned premium reserve. The Company currently leases office space in Scottsdale, Arizona. As part of this sale, K2 is subleasing approximately one third of the Scottsdale, Arizona office space. Currently, the Company intends to exercise the early termination clause in its Scottsdale, Arizona lease. The Company expects it will receive $ 1.6 million in sublease payments from K2 between October 2021 and October 2026. To facilitate the transaction, American Reliable retained the specialty residential property business in Florida and Louisiana and also retained business that was previously placed in runoff. American Reliable commenced the non-renewal of manufactured home insurance in Florida beginning on March 11, 2022, for policies expiring on or after July 10, 2022. American Reliable and United National non-renewed manufactured home and dwelling insurance in Louisiana beginning on or about January 31, 2022, for policies renewing on or after March 7, 2022. American Family assumed 100 % of the risks for all policies covered under the renewal rights agreement which are written or renewed after October 26, 2021, except for policies covering properties in the state of Florida. The Company also retained risk for business previously placed in runoff and policies in Louisiana. There were no specialty residential property policies in-force in Florida and Louisiana as of December 31, 2023. In addition, effective November 30, 2021, the Company and American Family reached an agreement where American Family agreed to reinsure 100 % of the Company’s unearned premium reserves of the same types as the policies comprising the manufactured and dwelling homes business lines noted above that were in force as of November 30, 2021. The approximate amount of the unearned premium reserves at November 30, 2021 was $ 33.8 million. The Company received a 40 % ceding commission which included a provision for a 4 % claims administration fee to be paid by the Company directly to K2 Claims. The gross proceeds from this sale of $ 28.0 million are included in other income on the Company’s consolidated statements of operations for the year ended December 31, 2021. Legal expenses and merger and acquisition fees related to the sale were $ 2.4 million for the year ended December 31, 2021. In addition, the Company recorded an impairment of goodwill, intangible assets, software, and lease costs in the amount of $ 1.1 million, $ 0.2 million, $ 2.0 million, and $ 1.5 million, respectively, for the year ended December 31, 2021. The Company also recorded an additional impairment of lease cost in the amount of $ 0.6 million for the year ended December 31, 2022. The impairments and expenses related to sale are included on the Company’s consolidated statements of operations as follows: Years Ended December 31, (Dollars in thousands) 2023 2022 2021 Acquisition costs and other underwriting expenses $ — $ 644 $ — Corporate and other operating expenses — — 7,202 Total impairments and expenses related to sale $ — $ 644 $ 7,202 See Note 8 for additional information on the impairment of goodwill and intangible assets and Note 14 for additional information on impairment of leases. Farm, Ranch & Stable On August 8, 2022, the Company sold the renewal rights related to its Farm, Ranch & Stable business for policies written on or after August 8, 2022 to Everett Cash Mutual Insurance Company for $ 30.0 million. The Company retained the unearned premium reserves for business written prior to August 8, 2022. The gross proceeds from this sale of $ 30.0 million are included in other income on the Company’s consolidated statements of operations for the year ended December 31, 2022. 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 , for the year ended December 31, 2022 . Legal expenses and merger and acquisition fees related to the sale were $ 2.5 million for the year ended December 31, 2022. The impairments and expenses related to sale are included on the Company’s consolidated statements of operations as follows: Years Ended December 31, (Dollars in thousands) 2023 2022 2021 Acquisition costs and other underwriting expenses $ — $ 1,034 $ — Corporate and other operating expenses — 8,142 — Total impairments and expenses related to sale $ — $ 9,176 $ — See Note 8 for additional information on the impairment of goodwill and intangible assets and Note 14 for additional information on impairment of leases. In conjunction with this sale, Everett Cash Mutual Insurance Company also acquired the Company’s wholly-owned subsidiary, American Reliable Insurance Company, on December 31, 2022 for an amount equal to book value, which was $ 10.0 million, at the time of closing.

Restructuring

Restructuring	12 Months Ended
	Dec. 31, 2023
Restructuring and Related Activities [Abstract]
Restructuring	3. Restructuring The Company restructured its insurance operations to strengthen its market presence and enhance its focus on GBLI’s core products. As a result, the Company exited its four brokerage divisions: Professional Liability, Excess Casualty, Environmental, and Middle Market Property. The Company ceased writing new business and non-renewed existing policies for these four divisions. The restructuring plan, which was initiated in the fourth quarter of 2022 , was completed in the first quarter of 2023 . In connection with the restructuring plan, the Company incurred restructuring costs of $ 3.4 million in 2022 and $ 2.0 million in 2023 for total restructuring costs of $ 5.4 million. The following table summarizes charges incurred by expense type and the remaining liability as of December 31, 2023 and 2022: (Dollars in thousands) Consolidated Statements of Operations Line Employee Termination Lease Right of Use Asset Impairment Total Charges incurred in 2022 Corporate and other operating expenses $ 2,635 $ — $ 2,635 Charges incurred in 2022 Acquisition costs and other underwriting expenses (1) — 812 812 Non-cash asset charges — ( 812 ) ( 812 ) Liability at December 31, 2022 2,635 — 2,635 Charges incurred in 2023 Corporate and other operating expenses 1,997 — 1,997 Cash payments in 2023 ( 4,554 ) — ( 4,554 ) Liability at December 31, 2023 $ 78 $ — $ 78 (1) These charges were recorded within the Company's Non-Core Operations segment. Any information technology development initiatives related to business lines within Non-Core Operations have been discontinued.

Summary of Significant Accounti

Summary of Significant Accounting Policies	12 Months Ended
	Dec. 31, 2023
Accounting Policies [Abstract]
Summary of Significant Accounting Policies	4. Summary of Significant Accounting Policies Investments The Company’s investments in fixed maturities, which are classified as available for sale, and equity securities are carried at their fair value. Fair value is defined as the price that would be received to sell an asset or paid to transfer a liability in an orderly transaction between market participants at the measurement date. The fair values of the Company's fixed maturities and equity securities are determined on the basis of quoted market prices where available. If quoted market prices are not available, the Company uses third-party pricing services to assist in determining fair value. In many instances, these services examine the pricing of similar instruments to estimate fair value. The Company purchases bonds with the expectation of holding them to their maturity; however, changes to the portfolio are sometimes required to assure it is appropriately matched to liabilities. In addition, changes in financial market conditions and tax considerations may cause the Company to sell an investment before it matures. The difference between amortized cost and fair value of the Company’s fixed maturity portfolio, net of the effect of deferred income taxes, is reflected in accumulated other comprehensive income (loss) within shareholders’ equity and, accordingly, has no effect on net income (loss) other than for the credit loss component of impairments and losses recognized as a result of the intent to sell. Equity securities are measured at fair value with the changes in fair value recognized in net income (loss). For investments in limited partnerships and limited liability companies where the ownership interest is less than 3%, the Company carries these investments at fair value, and the change in the difference between cost and the fair value of these interests, net of the effect of deferred income taxes, is reflected in accumulated other comprehensive income (loss) wi thin shareholders' equity and, accordingly, has no effect on net income (loss). The Company uses the equity method to account for investments in limited partnerships and limited liability companies where its ownership interest exceeds 3 %. The equity method of accounting for an investment in a limited partnership and limited liability company requires that its cost basis be updated to account for the income or loss earned on the investment. The receipt of results for investments in limited partnerships and limited liability companies may vary. If results are received on a timely basis, they are included in current results. If they are not received on a timely basis, they are recorded on a one quarter lag. The recording of such results are applied consistently for each investment once the timing of receiving the results has been established. The income or loss associated with the limited partnerships and limited liability companies is reflected in the consolidated statements of operations, and the adjusted cost basis approximates fair value. The Company’s investments in other invested assets were valued at $ 38.2 million as of December 31, 2023 and 2022. These amounts relate to investments in limited partnerships and limited liability companies whose carrying value approximates fair value. Net realized gains and losses on investments are determined based on the first-in, first-out method. 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 $ 7.5 million and $ 8.4 million as of December 31, 2023 and 2022 , respectively. 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 two VIEs 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. Cash and Cash Equivalents For the purpose of the statements of cash flows, the Company considers all liquid instruments with an original maturity of three months or less to be cash equivalents. The Company has a cash management program that provides for the investment of excess cash balances primarily in short-term money market instruments. Generally, bank balances exceed federally insured limits. The carrying amount of cash and cash equivalents approximates fair value. At December 31, 2023 and 2022 , the Company had approximately $ 36.9 million and $ 26.0 million, respectively, of cash and cash equivalents that was invested in a diversified portfolio of high quality short-term debt securities. Valuation of Premium Receivables The Company evaluates the collectability of premium receivables based on a combination of factors. In instances in which the Company is aware of a specific circumstance where a party may be unable to meet its financial obligations to the Company, a specific allowance for expected credit losses against amounts due is recorded to reduce the net receivable to the amount reasonably believed by management to be collectible. For all remaining balances, 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 allowance for expected credit losses was $ 4.8 million and $ 3.3 million as of December 31, 2023 and 2022 , respectively. Goodwill and Intangible Assets The Company tests for impairment of goodwill at least annually and more frequently as circumstances warrant in accordance with applicable accounting guidance. Accounting guidance allows for the testing of goodwill for impairment using both qualitative and quantitative factors. Impairment of goodwill is recognized only if the carrying amount of the reporting unit, including goodwill, exceeds the fair value of the reporting unit. The amount of the impairment loss would be equal to the excess carrying value of the goodwill over the implied fair value of the reporting unit goodwill. Impairment of intangible assets with an indefinite useful life is tested at least annually and more frequently as circumstances warrant in accordance with applicable accounting guidance. Accounting guidance allows for the testing of indefinite lived intangible assets for impairment using both qualitative and quantitative factors. Impairment of indefinite lived intangible assets is recognized only if the carrying amount of the intangible assets exceeds the fair value of said assets. The amount of the impairment loss would be equal to the excess carrying value of the assets over the fair value of said assets. Intangible assets that are not deemed to have an indefinite useful life are amortized over their estimated useful lives. The carrying amounts of definite lived intangible assets are regularly reviewed for indicators of impairment in accordance with applicable accounting guidance. Impairment is recognized only if the carrying amount of the intangible asset is in excess of its undiscounted projected cash flows. The impairment is measured as the difference between the carrying amount and the estimated fair value of the asset. See Note 8 for additional information on goodwill and intangible assets as well as the results of qualitative impairment assessments performed. Reinsurance In the normal course of business, the Company seeks to reduce the loss that may arise from events that cause unfavorable underwriting results by reinsuring certain levels of risk from various areas of exposure with reinsurers. Amounts receivable from reinsurers are estimated in a manner consistent with the reinsured policy and the reinsurance contract. The Company regularly reviews the collectability of reinsurance receivables. An allowance for uncollectible reinsurance receivables is recognized 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. Any changes in the allowance resulting from this review are included in net losses and loss adjustment expenses on the consolidated statements of operations during the period in which the determination is made. The allowance for expected credit losses was $ 9.0 million as of December 31, 2023 and 2022,. The applicable accounting guidance requires that the reinsurer must assume significant insurance risk under the reinsured portions of the underlying insurance contracts and that there must be a reasonably possible chance that the reinsurer may realize a significant loss from the transaction. The Company has evaluated its reinsurance contracts and concluded that each contract qualifies for reinsurance accounting treatment pursuant to this guidance. Income Taxes Deferred tax assets and liabilities are recognized for the future tax consequences attributable to differences between the financial statement carrying amounts of existing assets and liabilities and their respective tax bases. Deferred tax assets and liabilities are measured using enacted tax rates expected to apply to taxable income in the years in which those temporary differences are expected to be recovered or settled. The effect on deferred tax assets and liabilities of a change in tax rates is recognized in income in the period that includes the enactment date. A valuation allowance is provided when it is more likely than not that some portion of the deferred tax assets will not be realized. The deferred tax asset balance is analyzed regularly by management. This assessment requires significant judgment and considers, among other matters, the nature, frequency and severity of current and cumulative losses, forecasts of future profitability, the duration of carryforward periods, and tax planning strategies and/or actions. Management believes that it is more likely than not that the results of future operations can generate sufficient taxable income to realize the remaining deferred income tax assets, and accordingly, the Company has not established any valuation allowances. Deferred Acquisition Costs The costs of acquiring new and renewal insurance and reinsurance contracts primarily include commissions, premium taxes and certain other costs that are directly related to the successful acquisition of new and renewal insurance and reinsurance contracts. The excess of the Company’s costs of acquiring new and renewal insurance and reinsurance contracts over the related ceding commissions earned from reinsurers is capitalized as deferred acquisition costs and amortized over the period in which the related premiums are earned. The amortization of deferred acquisition costs for the years ended December 31, 2023, 2022, and 2021 was $ 120.9 million , $ 150.9 million , and $ 144.9 million , respectively. Premium Deficiency A premium deficiency is recognized if the sum of expected loss and loss adjustment expenses and unamortized acquisition costs exceeds related unearned premium after consideration of investment income. This evaluation is done at a distribution and product line/treaty level. Any future expected loss on the related unearned premium is recorded first by impairing the unamortized acquisition costs on the related unearned premium followed by an increase to loss and loss adjustment expense reserves on additional expected loss in excess of unamortized acquisition costs. No premium deficiency reserve existed as of December 31, 2023 or 2022 . Derivative Instruments The Company used derivative instruments to manage its exposure to cash flow variability from interest rate risk and limit exposure to severe equity market changes. The derivative instruments were carried on the balance sheet at fair value and included in other assets and other liabilities. Changes in the fair value of the derivative instruments and the periodic net interest settlements under the derivatives instruments were recognized as net realized investment gains (losses) on t he consolidated statements of operations. Subordinated Notes The carrying amounts reported in the balance sheet, if any, represent the outstanding balances, net of deferred issuance cost. See Note 13 for details. Unpaid Losses and Loss Adjustment Expenses The liability for unpaid losses and loss adjustment expenses represents the Company’s best estimate of future amounts needed to pay losses and related settlement expenses with respect to events insured by the Company. This liability is based upon the accumulation of individual case estimates for losses reported prior to the close of the accounting period with respect to direct business, estimates received from ceding companies with respect to assumed reinsurance, and estimates of unreported losses. The process of establishing the liability for unpaid losses and loss adjustment is complex, requiring the use of informed actuarially based estimates and Management’s judgment. In some cases, significant periods of time, up to several years or more, may elapse between the occurrence of an insured loss and the reporting of that loss to the Company. To establish this liability, the Company regularly reviews and updates the methods of making such estimates and establishing the resulting liabilities. Any resulting adjustments are recorded in consolidated statements of operations during the period in which the determination is made. Share Repurchases Shares repurchased from employees or third parties by Global Indemnity Group, LLC are held as treasury stock and recorded at cost until formally retired by Global Indemnity Group, LLC. Retirement of Treasury Stock Upon the formal retirement of treasury stock, Global Indemnity Group, LLC offsets the par value of the treasury stock that is being retired against common shares and reflects any excess of cost over par value as a deduction from Additional Paid-in Capital. Share Redemptions When shares are redeemed, Global Indemnity Group, LLC offsets the par value of the redeemed shares against common shares and reflects any excess of cost over par value as a deduction from Retained Earnings. Premiums Premiums are recognized as revenue ratably over the term of the respective policies and treaties. Unearned premiums are computed on a pro rata basis to the day of expiration. Mandatory reinstatement premiums assessed on reinsurance policies are earned in the period of the loss event that gave rise to the reinstatement premiums. Contingent Commissions Certain professional general agencies of GBLI are paid special incentives, referred to as contingent commissions, when results of business produced by these agencies are more favorable than predetermined thresholds. Similarly, in some circumstances, companies that cede business to GBLI are paid profit commissions based on the profitability of the ceded portfolio. These commissions are charged to other underwriting expenses when incurred. Share-Based Compensation The Company accounts for stock options and other equity based compensation using the modified prospective application of the fair value-based method permitted by the appropriate accounting guidance. See Note 18 for details. Earnings per Share Basic earnings per share have been calculated by dividing net income (loss) available to common shareholders by the weighted-average common shares outstanding. In periods of net income, diluted earnings per share have been calculated by dividing net income available to common shareholders by the sum of the weighted-average common shares outstanding and the weighted-average common share equivalents outstanding, which include options and other equity awards. In periods of net loss, diluted earnings per share is the same as basic earnings per share. See Note 20 for details. Foreign Currency At times, the Company maintains investments and cash accounts in foreign currencies related to the operations of its business. At period-end, the Company re-measures non-U.S. currency financial assets to their current U.S. dollar equivalent. The resulting gain or loss for foreign denominated fixed maturity investments, if any, is reflected in accumulated other comprehensive income (loss) within shareholders’ equity; whereas, the gain or loss on foreign denominated cash accounts and equity securities is reflected in income during the period. Financial liabilities, if any, are generally adjusted within the reserving process. However, for known losses on claims to be paid in foreign currencies, the Company re-measures the liabilities to their current U.S. dollar equivalent each period end with the resulting gain or loss reflected in income during the period. Net transaction gains and losses, primarily comprised of re-measurement of known losses on claims to be paid in foreign currencies, were a loss of $ 0.5 million, a gain of $ 0.3 million, and a gain of $ 0.5 million for the years ended December 31, 2023, 2022, and 2021 , respectively. Leases The Company determines if an arrangement is a lease at inception. Leases with a term of 12 months or less are not recorded on the consolidated balance sheets. For leases with a term of greater than 12 months, lease right-of-use assets (“ROU”) and lease liabilities are included on the consolidated balance sheets. Lease ROU assets and lease liabilities are recognized based on the present value of the future minimum lease payments over the lease term at the commencement date. The Company’s leases do not provide an implicit rate; therefore, the Company uses its incremental borrowing rate at the commencement date in determining the present value of future payments. The ROU asset is calculated using the initial lease liability amount, plus any lease payments made at or before the commencement date, minus any lease incentives received, plus any initial direct costs incurred. Lease expenses for minimum lease payments are recognized on a straight-line basis over the lease term. The Company’s lease agreements may contain both lease and non-lease components which are accounted separately. The Company elected the practical expedient on not separating lease components from non-lease components for its equipment leases. Rental income derived from subleases are recognized on a straight-line basis over the operating lease term. Other Income Other income is primarily comprised of fee income, foreign exchange gains and losses, and gain on sale of the renewal rights. Capitalized Software Costs Capitalized software costs, which represent costs directly related to obtaining, developing or upgrading internal use software, are capitalized during the application development stage. These costs generally consist of internal personnel costs and external consulting fees. Capitalized software costs, which are included in other assets on the Company’s Consolidated Balance Sheets, are amortized using the straight-line method over its estimated useful life beginning when the software is put into production. Internal and external costs incurred during the preliminary project stage, training costs, most data conversion costs, and maintenance costs are charged to expense as incurred. Capitalized software costs were $ 4.0 million and $ 4.1 million at December 31, 2023 and 2022, respectively. Amortization expense related to capitalized software for the years ended December 31, 2023, 2022, and 2021 w as $ 4.9 million, $ 6.1 million, and $ 7.1 million, respectively.

Investments

Investments	12 Months Ended
	Dec. 31, 2023
Investments, Debt and Equity Securities [Abstract]
Investments	5. Investments The amortized cost and estimated fair value of the Company’s fixed maturities securities were as follows as of December 31, 2023 and 2022 : (Dollars in thousands) Amortized Allowance for Expected Credit Losses Gross Gross Estimated As of December 31, 2023 Fixed maturities: U.S. treasuries $ 497,099 $ — $ 515 $ ( 3,391 ) $ 494,223 Obligations of states and political subdivisions 27,326 — — ( 1,176 ) 26,150 Mortgage-backed securities 63,173 — 229 ( 4,475 ) 58,927 Asset-backed securities 207,375 — 668 ( 5,091 ) 202,952 Commercial mortgage-backed securities 84,062 — 12 ( 4,994 ) 79,080 Corporate bonds 298,526 — 116 ( 6,929 ) 291,713 Foreign corporate bonds 144,531 — 40 ( 3,823 ) 140,748 Total fixed maturities $ 1,322,092 $ — $ 1,580 $ ( 29,879 ) $ 1,293,793 (Dollars in thousands) Amortized Allowance for Expected Credit Losses Gross Gross Estimated As of December 31, 2022 Fixed maturities: U.S. treasuries $ 352,533 $ — $ — $ ( 8,430 ) $ 344,103 Obligations of states and political subdivisions 33,471 — — ( 1,876 ) 31,595 Mortgage-backed securities 67,560 — 165 ( 5,609 ) 62,116 Asset-backed securities 198,161 — 390 ( 9,151 ) 189,400 Commercial mortgage-backed securities 104,777 — 20 ( 6,133 ) 98,664 Corporate bonds 353,622 — 16 ( 14,858 ) 338,780 Foreign corporate bonds 191,599 — — ( 8,059 ) 183,540 Total fixed maturities $ 1,301,723 $ — $ 591 $ ( 54,116 ) $ 1,248,198 As of December 31, 2023 and 2022, the Company’s investments in equity securities consist of the following: December 31, (Dollars in thousands) 2023 2022 Common stock $ — $ 1,271 Preferred stock 16,508 16,249 Total $ 16,508 $ 17,520 Excluding U.S. treasuries and limited partnerships, the Company did not hold any debt or equity investments in a single issuer in excess of 2.1 % and 2.4 % of shareholders' equity at December 31, 2023 and 2022, respectively. The amortized cost and estimated fair value of the Company’s fixed maturities portfolio classified as available for sale at December 31, 2023, 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 $ 663,046 $ 660,141 Due in one year through five years 279,876 270,667 Due in five years through ten years 13,018 11,619 Due after ten years 11,542 10,407 Mortgage-backed securities 63,173 58,927 Asset-backed securities 207,375 202,952 Commercial mortgage-backed securities 84,062 79,080 Total $ 1,322,092 $ 1,293,793 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, 2023. The fair value amounts reported in the table are estimates that are prepared using the process described in Note 7. 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 55,447 ( 342 ) 239,254 ( 3,049 ) 294,701 ( 3,391 ) Obligations of states and political subdivisions - - 26,150 ( 1,176 ) 26,150 ( 1,176 ) Mortgage-backed securities 12,432 ( 406 ) 39,734 ( 4,069 ) 52,166 ( 4,475 ) Asset-backed securities 38,828 ( 469 ) 108,947 ( 4,622 ) 147,775 ( 5,091 ) Commercial mortgage-backed securities 13 ( 2 ) 76,467 ( 4,992 ) 76,480 ( 4,994 ) Corporate bonds 34,658 ( 264 ) 231,816 ( 6,665 ) 266,474 ( 6,929 ) Foreign corporate bonds 7,096 ( 13 ) 111,750 ( 3,810 ) 118,846 ( 3,823 ) Total fixed maturities $ 148,474 $ ( 1,496 ) $ 834,118 $ ( 28,383 ) $ 982,592 $ ( 29,879 ) 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, 2022. The fair value amounts reported in the table are estimates that are prepared using the process described in Note 7. 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 $ 335,781 $ ( 7,518 ) $ 8,322 $ ( 912 ) $ 344,103 $ ( 8,430 ) Obligations of states and political subdivisions 27,772 ( 1,378 ) 3,778 ( 498 ) 31,550 ( 1,876 ) Mortgage-backed securities 51,517 ( 4,228 ) 7,860 ( 1,381 ) 59,377 ( 5,609 ) Asset-backed securities 97,857 ( 3,610 ) 62,689 ( 5,541 ) 160,546 ( 9,151 ) Commercial mortgage-backed securities 67,926 ( 4,072 ) 27,907 ( 2,061 ) 95,833 ( 6,133 ) Corporate bonds 261,123 ( 8,480 ) 71,192 ( 6,378 ) 332,315 ( 14,858 ) Foreign corporate bonds 150,308 ( 5,469 ) 31,232 ( 2,590 ) 181,540 ( 8,059 ) Total fixed maturities $ 992,284 $ ( 34,755 ) $ 212,980 $ ( 19,361 ) $ 1,205,264 $ ( 54,116 ) Subject to the risks and uncertainties in evaluating the potential impairment of a security’s value, the impairment evaluation conducted by the Company as of December 31, 2023 concluded the unrealized losses discussed above are non-credit losses on securities where management does not intend to sell, and it is more likely than not that the Company will not be forced to sell the security before recovery. The impairment evaluation process is discussed in the “Investment” section of Note 4 (“Summary of Significant Accounting Policies”). 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 December 31, 2023, gross unrealized losses related to U.S. treasuries were $ 3.391 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 December 31, 2023, gross unrealized losses related to obligations of states and political subdivisions were $ 1.176 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 December 31, 2023, gross unrealized losses related to mortgage-backed securities were $ 4.475 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 December 31, 2023, gross unrealized losses related to asset backed securities were $ 5.091 million . The weighted average credit enhancement for the Company’s asset backed portfolio is 36.1 . 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 December 31, 2023, gross unrealized losses related to the CMBS portfolio were $ 4.994 million . The weighted average credit enhancement for the Company’s CMBS portfolio is 47.3 . 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 December 31, 2023 , gross unrealized losses related to corporate bonds were $ 6.929 million. To assess whether the decline in fair value below amortized cost has resulted from a credit loss or other factors, analysis f or 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 December 31, 2023, gross unrealized losses related to foreign bonds were $ 3.823 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 years ended December 31, 2023, 2022, and 2021 and are related to securities in an unrealized loss position where the Company had an intent to sell the securities: Years Ended December 31, (Dollars in thousands) 2023 2022 (1) 2021 Fixed maturities: Impairment related to intent to sell $ — $ ( 26,205 ) $ — Total $ — $ ( 26,205 ) $ — (1) 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. In connection with these actions, the Company identified fixed maturities securities with a weighted average life of five years or greater as having an intent to sell resulting in other-than-temporary impairment losses. The majority of which were sold in the 2nd quarter of 2022. Most of the proceeds from the sale of these securities were reinvested into fixed income investments with maturities of two years . As a result of these actions, the Company's book yield rose over time. Book yield was approximately 2.2 % at December 31, 2021 and 4 .0 % at December 31, 2023 . Accumulated Other Comprehensive Income (Loss), Net of Tax Accumulated other comprehensive income (loss), net of tax, as of December 31, 2023 and 2022 was as follows: December 31, (Dollars in thousands) 2023 2022 Net unrealized gains (losses) from: Fixed maturities $ ( 28,299 ) $ ( 53,525 ) Foreign currency fluctuations ( 187 ) ( 127 ) Deferred taxes 5,623 10,594 Accumulated other comprehensive income (loss), net of tax $ ( 22,863 ) $ ( 43,058 ) The following tables present the changes in accumulated other comprehensive incom e (loss) by components, for the years ended December 31, 2023 and 2022: Year Ended December 31, 2023 Unrealized Gains Foreign Currency Accumulated Other Beginning balance, net of tax $ ( 42,958 ) $ ( 100 ) $ ( 43,058 ) Other comprehensive income (loss) before reclassification, before tax 23,572 ( 60 ) 23,512 Amounts reclassified from accumulated other comprehensive income, before tax 1,654 — 1,654 Other comprehensive income (loss), before tax 25,226 ( 60 ) 25,166 Income tax benefit (expense) ( 4,983 ) 12 ( 4,971 ) Ending balance, net of tax $ ( 22,715 ) $ ( 148 ) $ ( 22,863 ) Year Ended December 31, 2022 Unrealized Gains Foreign Currency Accumulated Other Beginning balance, net of tax $ 6,519 $ ( 115 ) $ 6,404 Other comprehensive income (loss) before reclassification, before tax ( 101,255 ) 18 ( 101,237 ) Amounts reclassified from accumulated other comprehensive income, before tax 39,610 — 39,610 Other comprehensive income (loss), before tax ( 61,645 ) 18 ( 61,627 ) Income tax benefit (expense) 12,168 ( 3 ) 12,165 Ending balance, net of tax $ ( 42,958 ) $ ( 100 ) $ ( 43,058 ) The reclassifications out of accumulated other comprehensive income (loss) for the years ended December 31, 2023 and 2022 were as follows: (Dollars in thousands) Amounts Reclassified from Years Ended December 31, Details about Accumulated Other Affected Line Item in the Consolidated Statements of Operations 2023 2022 Unrealized gains and losses on available for sale securities Other net realized investment (gains) losses $ 1,654 $ 13,405 Other than temporary impairment losses on investments — 26,205 Total before tax $ 1,654 $ 39,610 Income tax expense (benefit) ( 304 ) ( 7,357 ) Total reclassifications, net of tax $ 1,350 $ 32,253 Net Realized Investment Gains (Losses) The components of net realized investment gains (losses) for the years ended December 31, 2023, 2022, and 2021 were as follows: Years Ended December 31, (Dollars in thousands) 2023 2022 2021 Fixed maturities: Gross realized gains $ 49 $ 688 $ 11,390 Gross realized losses ( 1,703 ) ( 40,298 ) ( 11,048 ) Net realized gains (losses) ( 1,654 ) ( 39,610 ) 342 Equity securities: Gross realized gains 1,061 2,289 15,350 Gross realized losses ( 1,514 ) ( 5,681 ) ( 1,910 ) Net realized gains (losses) ( 453 ) ( 3,392 ) 13,440 Derivatives: Gross realized gains — 12,844 8,035 Gross realized losses — ( 2,771 ) ( 5,930 ) Net realized gains (losses) (1) — 10,073 2,105 Total net realized investment gains (losses) $ ( 2,107 ) $ ( 32,929 ) $ 15,887 (1) Includes periodic net interest settlements related to the derivativ es of $ 3.0 million and $ 5.6 million for the years ended December 31, 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 December 31, 2023, 2022, and 2021: Years Ended December 31, (Dollars in thousands) 2023 2022 2021 Net gains (losses) recognized during the period on equity securities $ ( 453 ) $ ( 3,392 ) $ 13,440 Less: net gains (losses) recognized during the period on equity securities sold during the period ( 36 ) 10,577 4,058 Unrealized gains (losses) recognized during the reporting period on equity securities $ ( 417 ) $ ( 13,969 ) $ 9,382 The proceeds from sales and redemptions of available for sale and equity securities resulting in net realized investme nt gains (losses) for the years ended December 31, 2023, 2022, and 2021 were as follows: Years Ended December 31, (Dollars in thousands) 2023 2022 2021 Fixed maturities $ 148,164 $ 933,554 $ 1,065,398 Equity securities 1,158 88,726 54,691 Net Investment Income The sources of net investment income for the years ended December 31, 2023, 2022, and 2021 were as follows: Years Ended December 31, (Dollars in thousands) 2023 2022 2021 Fixed maturities $ 49,987 $ 33,852 $ 25,751 Equity securities 917 1,100 2,692 Cash and cash equivalents 1,593 790 363 Other invested assets 4,463 ( 5,966 ) 10,856 Total investment income 56,960 29,776 39,662 Investment expense ( 1,516 ) ( 2,149 ) ( 2,642 ) Net investment income $ 55,444 $ 27,627 $ 37,020 As of December 31, 2023 and 2022, the Comp any did no t own any fixed maturity securities that were non-income producing for the preceding twelve months. The Company’s total investment return on a pre-tax basis for the years ended December 31, 2023, 2022, and 2021 were as follows: Years Ended December 31, (Dollars in thousands) 2023 2022 2021 Net investment income $ 55,444 $ 27,627 $ 37,020 Net realized investment gains (losses) ( 2,107 ) ( 32,929 ) 15,887 Change in unrealized holding gains (losses) 25,166 ( 61,627 ) ( 34,363 ) Net realized and unrealized investment returns 23,059 ( 94,556 ) ( 18,476 ) Total investment return $ 78,503 $ ( 66,929 ) $ 18,544 Total investment return % 5.7 % ( 4.7 %) 1.2 % Average investment portfolio (1) $ 1,366,553 $ 1,437,327 $ 1,490,933 (1) 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. Insurance Enhanced Asset-Backed and Credit Securities As of December 31, 2023, the Company held insurance enhanced municipal bonds with a market value of approximately $ 4.9 million , which represented 0.4 % of the Company’s total cash and invested assets, net of payable/receivable for securities purchased and sold. The financial guarantors of the Company’s $ 4.9 million municipal bonds include Assured Guaranty Corporation ($ 3.7 million) and Ambac Financial Group ( $ 1.2 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 December 31, 2023. Bonds Held on Deposit Certain cash and 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 December 31, 2023 and 2022: Estimated Fair Value (Dollars in thousands) December 31, 2023 December 31, 2022 On deposit with governmental authorities $ 19,262 $ 19,290 Held in trust pursuant to third-party requirements 150,796 161,901 Total (1) $ 170,058 $ 181,191 (1) Includes cash and cash equivalents of $ 9.0 million and $ 3.7 million at December 31, 2023 and December 31, 2022 , respectively, with the remainder related to bonds available for sale. 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 two 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 $ 4.0 million and $ 4.8 million as of December 31, 2023 and 2022 , respectively. The Company’s maximum exposure to loss from this VIE, which factors in future funding commitments, was $ 18.3 million and $19.0 million as of December 31, 2023 and 2022, respectively. The carrying value and maximum exposure to loss of a second VIE that invests in Real Estate Investment Trust (“REIT”) qualifying assets was $ 8.2 million and $ 9.8 million as of December 31, 2023 and 2022, respectively. The Company’s investment in VIEs is included in other invested assets on the consolidated balance sheets with changes in carrying value recorded in the consolidated statements of operations.

Derivative Instruments

Derivative Instruments	12 Months Ended
	Dec. 31, 2023
Derivative Instruments and Hedging Activities Disclosure [Abstract]
Derivative Instruments	6. Derivative Instruments Derivatives were used by the Company to reduce risks from changes in interest rates and limit exposure to severe equity market changes. The Company used 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 gave 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 posted collateral and settled variation margin in cash on a daily basis equal to the amount of the derivatives’ change in value. The Company accounted for the interest rate swaps and futures as non-hedge instruments and recognized 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 was 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 relied on the forward interest rate curve and information obtained from a third-party financial institution. 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 years ended December 31, 2023, 2022, and 2021: Consolidated Statements of Years Ended December 31, (Dollars in thousands) Operations Line 2023 2022 2021 Interest rate swap agreements Net realized investment gains (losses) $ — $ 10,073 $ 2,424 Futures contracts on bonds Net realized investment gains (losses) — — ( 319 ) $ — $ 10,073 $ 2,105 The Company terminated its outstanding interest rate swaps in the fourth quarter of 2022 and was not utilizing interest rate swap agreements as of December 31, 2022. As of December 31, 2021, the Company was due $ 1.8 million for funds it needed to post to execute the swap transaction and $ 9.8 million for margin calls made in connection with the interest rate swaps. These amounts are included in other assets on the consolidated balance sheets. There are no outstanding amounts related to the interest rate swap agreements on the consolidated balance sheets as of December 31, 2023 or 2022 .

Fair Value Measurements

Fair Value Measurements	12 Months Ended
	Dec. 31, 2023
Fair Value Disclosures [Abstract]
Fair Value Measurements	7. 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 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 measured at fair value on a recurring basis as of December 31, 2023 and 2022 and indicates the fair value hierarchy of the valuation techniques utilized by the Company to determine such fair value. As of December 31, 2023 Fair Value Measurements (Dollars in thousands) Level 1 Level 2 Level 3 Total Assets: Fixed maturities: U.S. treasuries $ 494,223 $ — $ — $ 494,223 Obligations of states and political subdivisions — 26,150 — 26,150 Mortgage-backed securities — 58,927 — 58,927 Commercial mortgage-backed securities — 79,080 — 79,080 Asset-backed securities — 202,952 — 202,952 Corporate bonds — 291,713 — 291,713 Foreign corporate bonds — 140,748 — 140,748 Total fixed maturities 494,223 799,570 — 1,293,793 Equity securities — 16,508 — 16,508 Total assets measured at fair value $ 494,223 $ 816,078 $ — $ 1,310,301 As of December 31, 2022 Fair Value Measurements (Dollars in thousands) Level 1 Level 2 Level 3 Total Assets: Fixed maturities: U.S. treasuries $ 344,103 $ — $ — $ 344,103 Obligations of states and political subdivisions — 31,595 — 31,595 Mortgage-backed securities — 61,156 960 62,116 Commercial mortgage-backed securities — 98,664 — 98,664 Asset-backed securities — 189,073 327 189,400 Corporate bonds — 336,767 2,013 338,780 Foreign corporate bonds — 183,540 — 183,540 Total fixed maturities 344,103 900,795 3,300 1,248,198 Equity securities — 16,249 1,271 17,520 Total assets measured at fair value $ 344,103 $ 917,044 $ 4,571 $ 1,265,718 The securities classified as Level 1 in the above tables consist of U.S. treasuries actively traded on an exchange. The securities classified as Level 2 in the above tables consist primarily of fixed maturities and preferred stocks. Based on the typical trading volumes and the lack of quoted market prices for fixed maturities and preferred stocks, 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 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 years ended December 31, 2023, 2022, and 2021: Years Ended December 31, (Dollars in thousands) 2023 2022 2021 Beginning balance $ 4,571 $ 2,769 $ — Total gains (realized / unrealized): Included in accumulated other comprehensive income 30 ( 21 ) ( 35 ) Included in earnings attributable to realized gains / losses ( 290 ) ( 61 ) 60 Transfers into level 3 — 857 1,400 Transfers out of level 3 — — ( 1,815 ) Amortization of bond premium and discount, net 5 6 1 Purchases 332 2,304 3,286 Sales ( 4,648 ) ( 1,283 ) ( 128 ) Ending balance — 4,571 2,769 Gains (losses) included in earnings attributable to the change in unrealized gains (losses) related to assets still held at end of reporting period $ ( 155 ) $ 95 $ — Fair Value of Alternative Investments Other invested assets consist of limited partnerships whose carrying value approximates fair value. The following table provides the fair value and future funding commitments related to these investments at December 31, 2023 and 2022. December 31, 2023 December 31, 2022 (Dollars in thousands) Fair Value Future Funding Fair Value Future Funding European Non-Performing Loan Fund, LP (1) $ 4,048 $ 14,214 $ 4,832 $ 14,214 Mortgage Debt Fund, LP (2) 8,172 — 9,771 — Global Debt Fund, LP (3) 26,016 — 23,573 — Total $ 38,236 $ 14,214 $ 38,176 $ 14,214 (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 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. (3) This limited partnership invests in performing, stressed or distressed securities and loans across the global fixed income markets. The Company does have the contractual option to withdraw all or a portion of its limited partnership interest by providing notice to the fund. 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 are booked on a one quarter lag due to non-availability of data at the time the financial statements are prepared. 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 amount s of $ 0.8 million, ($ 5.0 ) million, and $ 10.0 million for the years ended December 31, 2023, 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, as well as preferred stock, 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 2023 and 2022, the Company has not adjusted quotes or prices obtained from the pricing vendors.

Goodwill and Intangible Assets

Goodwill and Intangible Assets	12 Months Ended
	Dec. 31, 2023
Goodwill and Intangible Assets Disclosure [Abstract]
Goodwill and Intangible Assets	8. Goodwill and Intangible Assets Goodwill As a result of an acquisition in 2010, the Company has goodwill of $ 4.8 million within the Penn-America 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 $ 1.7 million. Of this amount, $ 0.6 million was allocated to its Farm, Ranch & Stable business and $ 1.1 million was allocated to its specialty property business. This goodwill, which was part of the Non-Core Operations segment, was impaired due to the sale of the renewal rights related to Farm, Ranch & Stable business and manufactured and dwelling homes business. An impairment loss of $ 0.6 m illion and $ 1.1 million was included in corporate and other operating expenses on the Company’s consolidated statements of operations for the years ended December 31, 2022 and 2021, respectively. Please see Note 2 for additional information on the sale of the renewal rights related to the Company’s Farm, Ranch & Stable business and the Company's manufactured and dwelling homes business. Impairment testing performed in 2023 did no t result in an impairment of goodwill acquired. The changes in the carrying amount of goodwill for the years ended December 31, 2023 and 2022 are as follows: (Dollars in thousands) Penn-America Non-Core Operations Total Balance as of January 1, 2022 $ 4,820 $ 578 $ 5,398 Impairment — ( 578 ) ( 578 ) Balance as of December 31, 2022 4,820 — 4,820 Impairment — — — Balance as of December 31, 2023 $ 4,820 $ — $ 4,820 Accumulated impairment losses were $ 0.6 million at December 31, 2022. There were no accumulated impairment losses at December 31, 2023. Intangible assets The following table presents details of the Company’s intangible assets as of December 31, 2023: (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 5,000 — — 5,000 Customer relationships 15 years 5,300 4,844 — 456 $ 19,300 $ 4,844 $ — $ 14,456 The following table presents details of the Company’s intangible assets as of December 31, 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 4,490 — 810 Agent relationships 10 years 900 649 251 — Tradenames 7 years 600 600 — — $ 25,800 $ 5,739 $ 5,251 $ 14,810 Amortization related to the Company’s definite lived intangible assets was $ 0.4 million, $ 0.4 million, and $ 0.5 million for the years ended December 31, 2023, 2022, and 2021 , respectively. The weighted average amortization period for total definite lived intangible assets was 15.0 years and 13.6 years at December 31, 2023 and 2022, respectively. The Company expects that amortization expense for the next five years will be as follows: (Dollars in thousands) 2024 $ 353 2025 103 2026 — 2027 — 2028 — Intangible assets with indefinite lives As of both December 31, 2023 and 2022, indefinite lived intangible assets, which are comprised of tradenames, trademarks, and state insurance licenses, was $ 14.0 million. State licenses with a net value of $ 5.0 million, within the Company’s Non-Core Operations segment, were impaired due to the sale of the renewal rights related to the Company’s Farm, Ranch & Stable business. This impairment loss of $ 5.0 million was included in corporate and other operating expenses on the Company’s consolidated statements of operations for the year ended December 31, 2022. Please see Note 2 for additional information on the sale of the renewal rights related to the Company’s Farm, Ranch & Stable business. Other than the impairment of state insurance licenses due to the sale of the Farm, Ranch & Stable renewal rights, there was no impairment of intangible assets with indefinite lives in 2023, 2022, and 2021. Intangible assets with definite lives As of December 31, 2023 and 2022, definite lived intangible assets, net of accumulated amortization, were $ 0.5 million and $ 0.8 million, respectively, and were comprised of customer relationships, agent relationships, and tradenames. Agent relationships with a net value of $ 0.1 million were impaired due to the sale of the renewal rights related to the Company's Farm, Ranch & Stable business and agent relationships with a net value o f $ 0.2 million were impaired due to the sale of renewal rights related to the Company’s manufactured and dwelling homes business. Both of these impairments were within the Company’s Non-Core Operations segment. These impairment losses of $ 0.1 million and $ 0.2 million was included in corporate and other operating expenses on the Company’s consolidated statements of operations for the years ended December 31, 2022 and 2021, respectively. Please see Note 2 for additional information on the sale of the renewal rights related to the Company’s Farm, Ranch & Stable business and the Company's manufactured and dwelling homes business. Other than the impairments of agent relationships due to the sales of renewal rights, there was no impairment of intangible assets with definite lives in 2023, 2022, and 2021 .

Allowance for Expected Credit L

Allowance for Expected Credit Losses - Premium Receivables and Reinsurance Receivables	12 Months Ended
	Dec. 31, 2023
Allowance for Credit Loss [Abstract]
Allowance for Expected Credit Losses - Premium Receivables and Reinsurance Receivables	9. 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 years ended December 31, 2023 and 2022: Years Ended December 31, (Dollars in thousands) 2023 2022 Beginning balance $ 3,322 $ 2,996 Current period provision for expected credit losses 1,636 1,796 Write-offs ( 162 ) ( 1,470 ) Ending balance $ 4,796 $ 3,322 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 Company's allowance for expected credit losses related to the reinsurance receivables was $ 9.0 million at December 31, 2023 and 2022 .

Reinsurance

Reinsurance	12 Months Ended
	Dec. 31, 2023
Insurance [Abstract]
Reinsurance	10. Reinsurance The Company cedes risk to unrelated reinsurers on a pro rata (“quota share”) and excess of loss basis in the ordinary course of business to limit its net loss exposure on insurance contracts. Reinsurance ceded arrangements do not discharge the Company of primary liability. Moreover, reinsurers may fail to pay the Company due to a lack of reinsurer liquidity, perceived improper underwriting, and losses for risks that are excluded from reinsurance coverage and other similar factors, all of which could adversely affect the Company’s financial results. The Company had the following reinsurance balances as of December 31, 2023 and 2022: (Dollars in thousands) December 31, 2023 December 31, 2022 Reinsurance receivables, net $ 80,439 $ 85,721 Collateral securing reinsurance receivables ( 8,752 ) ( 8,937 ) Reinsurance receivables, net of collateral $ 71,687 $ 76,784 Allowance for expected credit losses $ 8,992 $ 8,992 Prepaid reinsurance premiums 4,958 17,421 As of December 31, 2023, the Company had the following aggregated unsecured reinsurance receivables from one reinsurer that exceeded 3 % of shareholders’ equity. Unsecured reinsurance receivables include amounts receivable for paid and unpaid losses and loss adjustment expenses, less amounts secured by collateral. (Dollars in thousands) Reinsurance Receivables AM Best Ratings Munich Re America Corporation $ 41,213 A+ The effect of reinsurance on premiums written and earned is as follows: (Dollars in thousands) Written Earned For the year ended December 31, 2023: Direct business $ 350,748 $ 376,288 Reinsurance assumed 65,649 126,611 Reinsurance ceded ( 17,078 ) ( 29,542 ) Net premiums $ 399,319 $ 473,357 For the year ended December 31, 2022: Direct business $ 573,412 $ 589,131 Reinsurance assumed 154,191 135,896 Reinsurance ceded ( 136,272 ) ( 122,556 ) Net premiums $ 591,331 $ 602,471 For the year ended December 31, 2021: Direct business $ 584,467 $ 578,171 Reinsurance assumed 97,655 78,880 Reinsurance ceded ( 102,054 ) ( 61,441 ) Net premiums $ 580,068 $ 595,610 Ceded losses and loss adjustment expenses incurred were $ 27.6 million, $ 48.7 million, and $ 34.9 million for the years ended December 31, 2023, 2022, and 2021 , respectively.

Income Taxes

Income Taxes	12 Months Ended
	Dec. 31, 2023
Income Tax Disclosure [Abstract]
Income Taxes	11. 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 December 31, 2023 , 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 before income taxes is derived from its U.S. subsidiaries for the years ended December 31, 2023, 2022 and 2021. The following table summarizes the components of income tax expense: Years Ended December 31, (Dollars in thousands) 2023 2022 2021 Current income tax expense: Foreign $ 14 $ 4 $ 54 U.S. Federal 2,207 422 — Total current income tax expense 2,221 426 54 Deferred income tax expense: U.S. Federal 5,326 2,395 3,395 Total deferred income tax expense 5,326 2,395 3,395 Total income tax expense $ 7,547 $ 2,821 $ 3,449 The weighted average expected tax provision has been calculated using income 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: Years Ended December 31, 2023 2022 2021 (Dollars in thousands) Amount % of Pre- Amount % of Pre- Amount % of Pre- Expected tax provision at weighted average tax rate $ 6,925 21.0 % $ 414 21.0 % $ 6,889 21.0 % Adjustments: Non-deductible executive compensation 1,753 5.3 — — — — Dividend exclusion ( 76 ) ( 0.2 ) ( 89 ) ( 4.5 ) ( 78 ) ( 0.2 ) Change in tax status — — 700 35.5 — — Parent income treated as partnership for tax ( 1,260 ) ( 3.8 ) 2,156 109.4 ( 4,057 ) ( 12.4 ) Other 205 0.6 ( 360 ) ( 18.3 ) 695 2.1 Effective income tax expense $ 7,547 22.9 % $ 2,821 143.1 % $ 3,449 10.5 % The effective income tax expense rate for 2023 was 22.9 % , compared with an effective income tax expense rate of 143.1 % for 2022 and an effective income tax expense rate of 10.5 % for 2021. The difference between years is primarily due to a change in income or loss at the parent company which is treated as a partnership for tax. The tax effects of temporary differences that give rise to significant portions of the net deferred tax assets at December 31, 2023 and 2022 are presented below: (Dollars in thousands) 2023 2022 Deferred tax assets: Discounted unpaid losses and loss adjustment expenses $ 9,668 $ 9,522 Unearned premiums 7,472 10,581 Net operating loss carryforward 16,540 24,454 Partnership K1 basis differences 753 1,234 Capital loss carryforwards 4,241 2,338 Investment impairments 337 124 Stock options 416 1,465 Stat-to-GAAP reinsurance reserve 1,668 1,668 Unrealized loss on securities available-for-sale 5,583 10,568 Depreciation and amortization 1,368 1,211 Software 1,260 — Other 998 1,353 Total deferred tax assets 50,304 64,518 Deferred tax liabilities: Intangible assets 3,036 3,146 Deferred acquisition costs 8,914 13,628 Other 1,552 645 Total deferred tax liabilities 13,502 17,419 Total net deferred tax assets $ 36,802 $ 47,099 The deferred tax assets and deferred tax liabilities listed in the table above relate to temporary differences between the Company’s accounting and tax carrying values and carryforwards for its companies in the United States. Management believes it is more likely than not that the remaining deferred tax assets will be completely utilized in future years. As a result, the Company has not recorded a valuation allowance at December 31, 2023 and 2022. The Company has a net operating loss (“NOL”) carryforward o f $ 78.8 million as of December 31, 2023, which begins to expire in 2038 based on when the original NOL was generated. The Company’s NOL carryforward as of December 31, 2022 was $ 116.4 million. The Company did no t have any Section 163(j) ("163(j)") carryforward as December 31, 2023 or 2022. The 163(j) carryforward relates to the limitation on the deduction for business interest expense paid or accrued. The Company and some of its subsidiaries file income tax returns in the U.S. federal jurisdiction and various U.S. states and certain foreign jurisdictions. The Company is no longer subject to U.S. federal tax examinations by tax authorities for tax years before 2020. The Company applies a more-likely-than-not recognition threshold for all tax uncertainties whereby it only recognizes those tax benefits that have a greater than 50% likelihood of being sustained upon examination by relevant taxing authorities. All tax benefits recognized by the Company in 2023, 2022, and 2021 have a greater than 50% likelihood of being sustained upon examination by relevant taxing authorities. The Company classifies all interest and penalties related to uncertain tax positions as income tax expense. The Company did no t incur any interest and penalties related to uncertain tax positions during the years ended December 31, 2023, 2022 and 2021. As of December 31, 2023, the Company did no t record any significant liabilities for tax-related interest and penalties on its consolidated balance sheets.

Liability for Unpaid Losses and

Liability for Unpaid Losses and Loss Adjustment Expenses	12 Months Ended
	Dec. 31, 2023
Insurance [Abstract]
Liability for Unpaid Losses and Loss Adjustment Expenses	12. Liability for Unpaid Losses and Loss Adjustment Expenses Consolidated Activity Activity in the liability for unpaid losses and loss adjustment expenses is summarized as follows: Years Ended December 31, (Dollars in thousands) 2023 2022 2021 Balance at beginning of period $ 832,404 $ 759,904 $ 662,811 Less: Ceded reinsurance receivables 73,021 94,443 82,158 Net balance at beginning of period 759,383 665,461 580,653 Incurred losses and loss adjustment expenses related to: Current year 279,609 367,298 376,306 Prior years 9,544 ( 8,070 ) 8,658 Total incurred losses and loss adjustment expenses 289,153 359,228 384,964 Paid losses and loss adjustment expenses related to: Current year 72,717 103,442 149,092 Prior years 198,049 161,864 151,064 Total paid losses and loss adjustment expenses 270,766 265,306 300,156 Net balance at end of period 777,770 759,383 665,461 Plus: Ceded reinsurance receivables 72,829 73,021 94,443 Balance at end of period $ 850,599 $ 832,404 $ 759,904 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 2023, the Company increased its prior accident year loss reserves by $ 9.5 million , which consisted of a $ 29.9 million increase related to Penn-America and a $ 20.3 million decrease related to Non-Core Operations. The $ 29.9 million increase in prior accident year loss reserves related to Penn-America primarily consisted of the following: • General Liability: A $ 28.6 million increase mainly reflects higher than expected claims severity in accident years 2018 through 2022, partially offset by decreases in the 1998, 2000 through 2010, 2012 and 2014 through 2017 accident years. • Property: A $ 1.3 million increase primarily recognizes higher than expected claims severity in the 2016, 2019, 2020 and 2022 accident years, partially offset by decreases in the 2015 and 2021 accident years. The $ 20.3 million decrease in prior accident year loss reserves related to Non-Core Operations primarily consisted of the following: • Property: A $ 0.8 million increase mainly recognizes higher than expected claims severity in the 2021 and 2022 accident years, partially offset by decreases in the 2016, 2018 and 2020 accident years. • General Liability: A $ 10.2 million increase primarily recognizes higher than expected claims severity in accident years prior to 1990 and 2019 through 2022, partially offset by decreases in the 1995, 2013, 2014 and 2016 through 2018 accident years. • Reinsurance: A $ 31.2 million decrease in total is comprised of a $ 17.7 million decrease in the property lines in the 2013 through 2021 accident years; a $ 7.2 million decrease was recognized in professional lines in the 2017 and 2019 through 2021 accident years, partially offset by increases in the 2016 and 2022 accident years; and a $ 6.3 million decrease in general liability mainly in the 2012 and 2019 through 2022 accident years. During 2022, the Company decreased its prior accident year loss reserves by $ 8.1 million , which consisted of a $ 2.8 million increase related to Penn-America and a $ 10.9 million decrease related to Non-Core Operations. The $ 2.8 million increase in prior accident year loss reserves related to Penn-America primarily consisted of the following: • General Liability: A $ 6.0 million increase mainly reflects higher than expected claims severity in accident years prior to 1990, 1998, 2000, 2002, 2010 and 2016 through 2020 accident years, partially offset by decreases in the 2006, 2007, 2009 and 2011 through 2015 accident years. • Property: A $ 3.2 million decrease primarily recognizes lower than expected claims severity in the 2010, 2012, 2016, 2020 and 2021 accident years, partially offset by increases in the 2011, 2015 and 2018 accident years. The $ 10.9 million decrease in prior accident year loss reserves related to Non-Core Operations primarily consisted of the following: • Property: A $ 1.4 million increase mainly reflects higher than expected claims severity in the 2016 through 2018 and 2020 accident years, partially offset by decreases in the 2019 and 2021 accident years. • General Liability: A $ 2.4 million decrease primarily recognizes lower than expected claims severity in the 1992, 2001 through 2003, 2007 through 2012 and 2014 through 2017 accident years, partially offset by increases in accident years prior to 1990 and 2018 through 2021 accident years. • Professional: A $ 2.1 million decrease primarily in 2008 through 2010 and 2012 through 2015 accident years. • Reinsurance: A $ 7.6 million decrease in total is comprised of a $ 6.3 million decrease in the property lines primarily in the 2017 through 2021 accident years, partially offset by an increase in the 2016 accident year; a $ 3.6 million decrease was recognized in professional lines in the 2016 accident year; and a $ 2.3 million increase in general liability mainly in the 2019 through 2021 accident years. During 2021, the Company increased its prior accident year loss reserves by $ 8.7 million , which consisted of a $ 1.8 million increase related to Penn-America and a $ 6.8 million increase related to Non-Core Operations. The $ 1.8 million increase in prior accident year loss reserves related to Penn-America primarily consisted of the following: • General Liability: A $ 1.2 million reduction primarily reflects lower than expected claims severity in the 2004 through 2009, 2014 through 2016, 2018 and 2020 accident years, partially offset by increases in the 2017 and 2019 accident years. • Property: A $ 3.0 million increase primarily recognizes higher than expected claims severity mainly in the 2010, 2012, 2016, 2018 and 2020 accident years, partially offset by a decrease in the 2011, 2015, 2017, and 2019 accident years. • Professional Liability: A $ 0.1 million increase mainly in the 2018 accident years mainly reflecting higher than anticipated claims severity. The $ 6.8 million increase of prior accident year loss reserves related to Non-Core Operations primarily consisted of the following: • Property: A $ 11.3 million increase in total which is primarily due to case incurred emergence on a Property Brokerage claim in the 2018 accident year reflecting a higher estimated ultimate for Hurricane Michael. In addition, there were increases in the 2015, 2016, 2019 and 2020 accident years which reflects higher than expected claims severity; the increases were partially offset by a decrease in the 2017 accident year. • General Liability: A $ 1.6 million decrease primarily reflects lower than expected claims severity in accident years prior to 1990, 2000 through 2002, 2011, 2012 and 2014 through 2017 accident years, partially offset by increases in the 1992, 2007, 2009 and 2018 through 2020 accident years. • Professional Liability: A $ 0.1 million decrease primarily in the 2018 accident year. • Reinsurance: A $ 2.8 million decrease in total is comprised of a $ 1.7 million decrease in the property lines primarily in the 2015, 2017, 2018 and 2020 accident years, partially offset by an increase in the 2019 accident year and a $ 1.1 million decrease was recognized in professional lines mainly in the 2015 accident year, reflecting that the inception-to-date case incurred remained zero for this claims-made segment in this year. Prior to 2001, the Company underwrote multi-peril business insuring general contractors, developers, and sub-contractors primarily involved in residential construction that has resulted in significant exposure to construction defect (“CD”) claims. The Company’s reserves for CD claims are established based upon Management’s best estimate in consideration of known facts, existing case law, and generally accepted actuarial methodologies. However, due to the inherent uncertainty concerning this type of business, the ultimate exposure for these claims may vary significantly from the amounts currently recorded. As of December 31, 2023 and 2022 , gross reserves for CD claims were $ 30.4 million and $ 34.8 million, respectively, and net reserves for CD claims were $ 28.8 million and $ 33.4 million, respectively. The Company has exposure to asbestos and environmental (“A&E”) claims. The asbestos exposure primarily arises from the sale of product liability insurance, and the environmental exposure arises from the sale of general liability and commercial multi-peril insurance. In establishing the liability for unpaid losses and loss adjustment expenses related to A&E exposures, management considers facts currently known and the current state of the law and coverage litigation. Liabilities are recognized for known claims (including the cost of related litigation) when sufficient information has been developed to indicate the involvement of a specific insurance policy, and management can reasonably estimate its liability. In addition, liabilities have been established to cover additional exposures on both known and unasserted claims. Estimates of the liabilities are reviewed and updated regularly. Case law continues to evolve for such claims, and uncertainty exists about the outcome of coverage litigation and whether past claim experience will be representative of future claim experience. Included in net unpaid losses and loss adjustment expenses as of December 31, 2023, 2022, and 2021 were IBNR reserves of $ 17.3 million, $ 18.9 million, and $ 20.1 million, respectively, and case reserves of approximately $ 3.8 million, $ 2.8 million, and $ 1.9 million, respectively, for known A&E-related claims. The following table shows the Company’s gross reserves for A&E losses: Years Ended December 31, (Dollars in thousands) 2023 2022 2021 Gross reserve for A&E losses and loss adjustment expenses – beginning of period $ 37,142 $ 39,153 $ 47,593 Plus: Change in incurred losses and loss adjustment expenses 1,419 2,658 ( 7,500 ) Less: Payments 1,730 4,669 940 Gross reserves for A&E losses and loss adjustment expenses – end of period $ 36,831 $ 37,142 $ 39,153 The following table shows the Company’s net reserves for A&E losses: Years Ended December 31, (Dollars in thousands) 2023 2022 2021 Net reserve for A&E losses and loss adjustment expenses – beginning of period $ 21,647 $ 21,985 $ 28,679 Plus: Change in incurred losses and loss adjustment expenses ( 1 ) 1,962 ( 6,500 ) Less: Payments 539 2,300 194 Net reserves for A&E losses and loss adjustment expenses – end of period $ 21,107 $ 21,647 $ 21,985 Establishing reserves for A&E and other mass tort claims involves more judgment than other types of claims due to factors including, but not limited to, inconsistent court decisions, an increase in bankruptcy filings as a result of asbestos-related liabilities, and judicial interpretations that often expand theories of recovery and broaden the scope of coverage. The insurance industry continues to receive a substantial number of asbestos-related bodily injury claims, with an increasing focus being directed toward other parties, including installers of products containing asbestos rather than against asbestos manufacturers. This shift has resulted in significant insurance coverage litigation implicating applicable coverage defenses or determinations, if any, including but not limited to, determinations as to whether or not an asbestos-related bodily injury claim is subject to aggregate limits of liability found in most comprehensive general liability policies. As of December 31, 2023, 2022, and 2021 , the survival ratio on a gross basis for the Company’s open A&E claims was 15.1 years, 16.9 years, and 33.3 years, respectively. As of December 31, 2023, 2022, and 2021 , the survival ratio on a net basis for the Company’s open A&E claims was 20.9 years, 22.8 years, and 63.5 years, respectively. The survival ratio, which is the ratio of gross or net reserves to the 3-year average of annual paid claims, is a financial measure that indicates how long the current amount of gross or net reserves are expected to last based on the current rate of paid claims. Line of Business Categories The following is information, presented by lines of business with similar characteristics including similar payout patterns, about incurred and paid claims development as of December 31, 2023, net of reinsurance, as well as cumulative claim frequency and the total of incurred-but-not-reported liabilities included within the net incurred claims amounts. The years included represent the number of years for which claims incurred typically remain outstanding but need not exceed 10 years including the most recent report period presented. The information about incurred and paid claims development for the years ended December 31, 2014 to 2022, is presented as required supplementary unaudited information. Penn-America Property and Casualty Methodologies Penn-America’s internal actuarial reserve reviews were completed for loss and allocated loss adjustment expenses (“ALAE”) separately for property excluding catastrophe experience, property catastrophes, and casualty reserve categories. The internal actuarial reserve reviews were completed with data through December 2023. Actuarial methodologies, such as the Loss Development and Bornhuetter-Ferguson methods, were employed to develop estimates of ultimate loss & ALAE for most reserve categories. Additional actuarial methodologies were employed to develop estimates of ultimate loss & ALAE for mass tort and constructions defect reserve categories due to the unique characteristics of the exposures involved. Management’s ultimate selections considered the internal actuarial review and a third-party actuarial review completed during the fourth quarter of 2023. Case incurred is subtracted from the management selected ultimates to obtain the booked IBNR reserves. These methodologies are consistent with last year. Penn-America’s cumulative claim frequency has been calculated at the claim level and includes claims closed without payment. Penn-America – Property (Dollars in thousands) Incurred Claims and Allocated Claims Adjustment Expenses, For the Years Ended December 31, As of December 31, 2023 Accident 2021 2022 2023 IBNR (1) Cumulative Number (unaudited) (unaudited) 2021 $ 81,703 $ 80,477 $ 79,278 $ 2,476 3,599 2022 80,485 81,232 6,979 3,040 2023 72,862 12,067 2,339 Total $ 233,372 (1) Incurred-but-not-reported liabilities plus expected development on reported claims Penn-America – Property (Dollars in thousands) Cumulative Paid Claims and Allocated Claims Adjustment Expenses, For the Years Ended December 31, Accident 2021 2022 2023 (unaudited) (unaudited) 2021 $ 49,041 $ 72,804 $ 74,982 2022 48,646 71,530 2023 50,543 Total 197,055 All outstanding liabilities before 2021, net of reinsurance 4,560 Liabilities for unpaid losses and loss adjustment expenses, net of reinsurance $ 40,877 The following is required supplementary information about average historical claims duration as of December 31, 2023: Average Annual Percentage Payout of Incurred Claims by Age, Year 1 2 3 Penn-America - Property 63.7 % 29.1 % 2.7 % Penn-America – Casualty (Dollars in thousands) Incurred Claims and Allocated Claim Adjustment Expenses, Net of Reinsurance For the Years Ended December 31, As of December 31, 2023 Accident 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 IBNR (1) Cumulative (unaudited) (unaudited) (unaudited) (unaudited) (unaudited) (unaudited) (unaudited) (unaudited) (unaudited) 2014 $ 43,587 $ 42,841 $ 41,817 $ 41,530 $ 41,038 $ 39,516 $ 37,336 $ 37,034 $ 35,944 $ 35,632 $ 747 1,744 2015 47,299 46,306 47,055 46,958 48,462 45,968 45,439 45,254 43,764 1,389 1,774 2016 45,684 45,230 44,758 43,055 42,798 42,237 42,291 42,166 1,505 1,630 2017 46,050 45,970 44,720 44,078 45,071 45,581 45,212 2,031 1,645 2018 48,830 48,450 47,783 47,175 47,726 47,721 2,812 1,993 2019 59,512 59,384 61,055 63,139 69,013 6,184 2,315 2020 72,149 71,693 75,412 86,132 12,837 2,429 2021 96,705 96,268 108,042 33,181 2,998 2022 123,985 129,796 72,604 2,947 2023 122,770 100,176 1,564 Total $ 730,248 (1) Incurred-but-not-reported liabilities plus expected development on reported claims Penn-America – Casualty (Dollars in thousands) Cumulative Paid Claims and Allocated Claims Adjustment Expenses, Net of Reinsurance For the Years Ended December 31, Accident 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 (unaudited) (unaudited) (unaudited) (unaudited) (unaudited) (unaudited) (unaudited) (unaudited) (unaudited) 2014 $ 2,103 $ 10,583 $ 17,457 $ 24,113 $ 29,152 $ 31,725 $ 33,669 $ 34,020 $ 34,255 $ 34,639 2015 2,903 11,999 20,459 28,579 34,932 37,850 39,078 40,596 41,655 2016 3,478 11,130 17,314 28,601 33,734 36,472 38,597 39,466 2017 4,412 10,286 19,818 26,834 31,766 36,672 39,833 2018 3,575 11,622 17,714 27,571 34,019 41,133 2019 4,818 12,015 24,082 38,153 51,672 2020 3,795 14,672 33,882 55,914 2021 5,639 20,405 44,663 2022 10,346 29,358 2023 7,378 Total 385,711 All outstanding liabilities before 2014, net of reinsurance 6,948 Liabilities for unpaid losses and loss adjustment expenses, net of reinsurance $ 351,485 The following is required supplementary information about average historical claims duration as of December 31, 2023: Average Annual Percentage Payout of Incurred Claims by Age, Year 1 2 3 4 5 6 7 8 9 10 Penn-America - Casualty 6.9 % 16.0 % 18.7 % 20.9 % 14.1 % 9.2 % 5.1 % 2.2 % 1.5 % 1.1 % Non-Core Operations Property and Casualty Methodologies Non-Core Operations’ internal actuarial reserve reviews were completed for loss and allocated loss adjustment expenses (“ALAE”) separately for property excluding catastrophe experience, property catastrophes, and casualty reserve categories. The internal actuarial reserve reviews were completed with data through December 2023. Actuarial methodologies, such as the Loss Development and Bornhuetter-Ferguson methods, were employed to develop estimates of ultimate loss & ALAE. Management’s ultimate selections considered the internal actuarial review and a third-party actuarial review completed during the fourth quarter of 2023. Case incurred is subtracted from the management selected ultimates to obtain the booked IBNR reserves. These methodologies are consistent with last year. Non-Core Operations includes business acquired in the purchase of American Reliable, which occurred on January 1, 2015. The acquisition included the purchase of the business of the legal entity as well as additional books of business written by other Assurant entities. In addition, ceding arrangements subsequent to the date of the acquisition are not consistent with years prior to the acquisition. As a result, it is not practical, nor would it be consistent, to include information for years prior to 2015 in the development tables for Non-Core Operations. It also includes experience for reinsurance contracts which the Company does not have direct access to claim frequency information, so claim frequency information will not be provided for Non-Core Operations as it is not available for all the experience contained within this category. Non-Core Operations – Property (Dollars in thousands) Incurred Claims and Allocated Claims Adjustment Expenses, For the Years Ended December 31, As of December 31, 2023 Accident 2020 2021 2022 2023 IBNR (1) Cumulative Number (unaudited) (unaudited) (unaudited) 2020 $ 161,353 $ 164,648 $ 166,076 $ 160,082 $ 4,502 — 2021 111,042 108,443 109,047 4,530 — 2022 44,668 47,558 1,689 — 2023 10,105 1,882 — Total $ 326,792 (1) Incurred-but-not-reported liabilities plus expected development on reported claims Non-Core Operations – Property (Dollars in thousands) Cumulative Paid Claims and Allocated Claims Adjustment Expenses, For the Years Ended December 31, Accident 2020 2021 2022 2023 (unaudited) (unaudited) (unaudited) 2020 $ 125,136 $ 148,167 $ 153,421 $ 155,690 2021 84,333 100,865 102,420 2022 35,635 43,468 2023 7,802 Total 309,380 All outstanding liabilities before 2020, net of reinsurance 34,927 Liabilities for unpaid losses and loss adjustment expenses, net of reinsurance $ 52,339 The following is required supplementary information about average historical claims duration as of December 31, 2023. Average Annual Percentage Payout of Incurred Claims by Age, Year 1 2 3 4 Non-Core Operations - Property 76.9 % 15.3 % 2.4 % 1.4 % Non-Core Operations – Casualty (Dollars in thousands) Incurred Claims and Allocated Claims Adjustment Expenses, Net of Reinsurance For the Years Ended December 31, As of December 31, 2023 Accident 2015 2016 2017 2018 2019 2020 2021 2022 2023 IBNR (1) Cumulative (unaudited) (unaudited) (unaudited) (unaudited) (unaudited) (unaudited) (unaudited) (unaudited) 2015 $ 31,802 $ 33,731 $ 35,350 $ 36,534 $ 35,081 $ 32,297 $ 30,885 $ 29,905 $ 29,820 $ 585 — 2016 33,548 33,246 32,042 29,685 30,308 30,047 26,130 29,460 1,374 — 2017 32,645 32,097 31,138 32,040 31,077 31,260 26,168 1,947 — 2018 29,798 30,168 31,126 34,749 35,067 34,131 2,701 — 2019 36,892 36,933 40,469 41,398 37,619 9,286 — 2020 55,088 56,041 57,890 53,765 19,119 — 2021 76,971 79,396 81,538 43,560 2022 109,182 114,189 83,462 — 2023 66,102 58,333 — Total $ 472,792 (1) Incurred-but-not-reported liabilities plus expected development on reported claims Non-Core Operations – Casualty (Dollars in thousands) Cumulative Paid Claims and Allocated Claims Adjustment Expenses, Net of Reinsurance For the Years Ended December 31, Accident 2015 2016 2017 2018 2019 2020 2021 2022 2023 (unaudited) (unaudited) (unaudited) (unaudited) (unaudited) (unaudited) (unaudited) (unaudited) 2015 $ 3,979 $ 11,470 $ 17,615 $ 23,354 $ 26,144 $ 27,005 $ 28,231 $ 28,379 $ 28,445 2016 4,164 9,782 14,495 18,196 19,383 22,005 23,539 25,791 2017 2,633 7,230 11,915 18,263 20,183 21,912 22,904 2018 2,063 6,769 13,320 19,773 23,041 25,403 2019 2,406 7,814 15,271 21,877 25,553 2020 3,346 12,074 18,816 27,235 2021 4,820 11,121 23,355 2022 4,517 14,607 2023 4,000 Total 197,293 All outstanding liabilities before 2015, net of reinsurance 32,413 Liabilities for unpaid losses and loss adjustment expenses, net of reinsurance $ 307,912 The following is required supplementary information about average historical claims duration as of December 31, 2023: Average Annual Percentage Payout of Incurred Claims Year 1 2 3 4 5 6 7 8 9 Non-Core Operations - Casualty 8.0 % 15.3 % 17.3 % 18.0 % 8.0 % 6.3 % 4.4 % 4.1 % 0.2 % The reconciliation of the net incurred and paid claims development tables to the liability for unpaid losses and loss adjustment expenses in the consolidated balance sheets as of December 31, 2023 is as follows: Net outstanding liabilities Penn-America – Property $ 40,877 Penn-America – Casualty 351,485 Non-Core Operations – Property 52,339 Non-Core Operations – Casualty 307,912 Liabilities for unpaid losses and loss adjustment expenses, net of reinsurance 752,613 Reinsurance recoverable on unpaid claims Penn-America – Property 3,592 Penn-America – Casualty 22,693 Non-Core Operations – Property 22,100 Non-Core Operations – Casualty 24,446 Total reinsurance recoverable on unpaid claims 72,831 Other outstanding liabilities Penn-America Ceded Allowance — Unallocated claims adjustment expenses 11,654 Loss Clearing ( 881 ) Non-Core Operations Ceded Allowance 8,992 Unallocated claims adjustment expenses 7,016 Other ( 1,626 ) Total other outstanding liabilities 25,155 Total gross liability for unpaid losses and loss adjustment expenses $ 850,599

Debt

Debt	12 Months Ended
	Dec. 31, 2023
Debt Disclosure [Abstract]
Debt	13. Debt 7.875% Subordinated Notes due 2047 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 year ended December 31, 2022. Interest expense, including amortization of deferred issuance costs through the date of redemption, recognized on the 2047 Notes was $ 3.0 million and $ 10.4 million for the years ended December 31, 2022, and 2021 , respectively. The Company did no t incur any interest expense related to the 2047 Notes for the year ended December 31, 2023. 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. As a result of this redemption, the Company no longer has any outstanding debt with third parties.

Leases

Leases	12 Months Ended
	Dec. 31, 2023
Leases [Abstract]
Leases	14. Leases The Company leases office space and equipment under various operating lease arrangements. The Company’s leases have remaining lease terms ranging from 3 months to 6 years . Some building leases have options to extend , terminate , or retract the leased area. In conjunction with the sale of the renewal rights related to both the Company's Farm, Ranch & Stable business and the Company's manufactured and dwelling homes business as well as the Company's decision to terminate its lease in Cavan, Ireland due to employees in Ireland working remotely, the Company recognized the following impairment losses: Years Ended December 31, (Dollars in thousands) Consolidated Statements of Operations Line 2023 2022 2021 Scottsdale, Arizona Corporate and other operating expenses $ — $ — $ 1,515 Scottsdale, Arizona Acquisition costs and other underwriting expenses — 681 — Omaha, Nebraska Acquisition costs and other underwriting expenses — 488 — Cavan, Ireland Acquisition costs and other underwriting expenses — 168 — Total lease impairment $ — $ 1,337 $ 1,515 Please see Note 2 for additional information on the sale of the renewal rights. The components of lease expenses were as follows: Years Ended December 31, (Dollars in thousands) 2023 2022 2021 Operating lease expenses $ 2,052 $ 2,372 $ 2,789 Short-term lease expenses 12 15 8 Sublease income (1) ( 331 ) ( 331 ) ( 55 ) Total lease expenses $ 1,733 $ 2,056 $ 2,742 (1) In connection with the sale of the renewal rights related to the Company's manufactured and dwelling homes business, K2 is subleasing approximately one third of the Company's Scottsdale, Arizona office. The Company intends to exercise its early termination clause in the Scottsdale, Arizona lease and expects to receive $ 1.6 million in sublease payments between October 2021 through October 2026. Supplemental cash flow information related to leases was as follows: Years Ended December 31, (Dollars in thousands) 2023 2022 2021 Cash paid for amounts included in the measurement of liabilities: Operating leases $ 1,852 $ 2,056 $ 2,797 Right-of-use assets obtained in exchange for new lease obligations: Operating leases $ — $ — $ 783 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. December 31, (Dollars in thousands) Classification on the 2023 2022 Assets: Operating lease assets Lease right of use assets $ 9,715 $ 11,739 Liabilities: Operating lease liabilities Lease liabilities $ 12,733 $ 15,701 Weighted-average remaining lease term Operating leases 5.0 years 6.6 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 December 31, 2023, future minimum lease payments under non-cancelable operating leases were as follows. (Dollars in thousands) Operating Leases (1) Expected Sublease Income 2024 $ 2,729 $ 297 2025 2,794 388 2026 2,650 342 2027 1,591 — 2028 1,611 — Thereafter 1,631 — Total future minimum lease payments 13,006 1,027 Less: amount representing interest 273 — Present value of minimum lease payments $ 12,733 $ 1,027 (1) Includes future minimum lease payments of $ 3.2 million on leases that have been impaired because the property is no longer in use.

Shareholders' Equity

Shareholders' Equity	12 Months Ended
	Dec. 31, 2023
Equity [Abstract]
Shareholders' Equity	15. Shareholders’ Equity Distribution Restrictions The ability of Global Indemnity Group, LLC to pay distributions is subject to applicable federal and state laws and Global Indemnity Group, LLC’s LLCA. Distributions of cash or other assets of Global Indemnity Group, LLC may be paid to Global Indemnity Group, LLC’s shareholders out of Global Indemnity Group, LLC’s assets legally available therefor only when, and if determined by the Board. Each Series A Preferred Shareholder is entitled to a “Priority Return” (as defined in the applicable Share Designation). On each Distribution Date, Global Indemnity Group, LLC shall make a distribution to each holder of the Series A Preferred Shares out of, and subject to a determination by the Board that the Company has on the applicable Distribution Date, funds legally available therefor, payable in cash only, in an amount equal to the estimated amount necessary to reduce the Unpaid Priority Return of each Series A Preferred Share immediately after such Distribution Date to zero. All such distributions shall be made pro rata in relation to each such Series A Preferred Share’s Unpaid Priority Return. Since Global Indemnity Group, LLC is a holding company and has no direct operations, its ability to pay distributions depends, in part, on the ability of its subsidiaries to generate income to pay dividends. Penn-Patriot Insurance Company and its insurance subsidiaries are subject to significant regulatory restrictions limiting their ability to declare and pay dividends. Global Indemnity Investments, Inc. is dependent on generating investment income in order to pay a dividend to Global Indemnity Group, LLC. See Note 21 for additional information regarding dividend limitations imposed on Penn-Patriot Insurance Company and its subsidiaries. Distributions Distribution payments of $ 0.25 per common share per quarter were declared during the year ended December 31, 2023 as follows: Approval Date Record Date Payment Date Total Distributions Declared March 2, 2023 March 24, 2023 March 31, 2023 $ 3,410 June 1, 2023 June 23, 2023 June 30, 2023 3,375 September 28, 2023 October 9, 2023 October 16, 2023 3,385 December 7, 2023 December 22, 2023 December 29, 2023 3,385 Various (1) Various Various ( 86 ) Total $ 13,469 (1) Represents distributions declared on unvested shares, net of forfeitures Distribution payments of $ 0.25 per common share per quarter were declared during the year ended December 31, 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 December 8, 2022 December 23, 2022 December 30, 2022 3,389 Various (1) Various Various 339 Total $ 14,543 (1) Represents distributions declared on unvested shares, net of forfeitures Distribution payments of $ 0.25 per common share per quarter were declared during the year ended December 31, 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 December 4, 2021 December 20, 2021 December 31, 2021 3,587 Various (1) Various Various 259 Total $ 14,578 (1) Represents distributions declared on unvested shares, net of forfeitures In addition, distributions of $ 0.4 million were paid to Global Indemnity Group, LLC’s preferred shareholder during each of the years ended December 31, 2023, 2022, and 2021. As of December 31, 2023 and 2022 , accrued distributions on unvested common shares, which were included in other liabilities on the consolidated balance sheets, were $ 0.3 million and $ 1.1 million, respectively. Accrued preferred distributions were less than $ 0.1 million as of December 31, 2023 and 2022 and were also included in other liabilities on the consolidated balance sheets. Repurchases and Redemptions of Global Indemnity Group, LLC’s Common Shares Global Indemnity Group, LLC allows employees to surrender class A common shares as payment for the tax liability incurred upon the vesting of restricted stock that was issued under the Company’s share incentive plan in effect at the time of issuance. During 2023, 2022, and 2021 , Global Indemnity purchased an aggregate of 18,860 , 15,954 and 17,318 , respectively, of surrendered class A common shares from its employees for $ 0.6 million , $ 0.4 million, and $ 0.5 million , respectively. On October 21, 2022, Global Indemnity Group, LLC announced it commenced a stock repurchase program beginning in the fourth quarter of 2022. On January 3, 2023, Global Indemnity Group, LLC announced that it had authorized an increase in the aggregate stock repurchase program from $ 32 million, which was authorized on October 21, 2022, to $ 60 million. On June 8, 2023, Global Indemnity Group, LLC's Board of Directors approved an additional increase in the existing share buyback authorization amount of $ 60 million to $ 135 million. 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. From the time of the initial announcement, a total of 1,357,082 shares were repurchased for approximately $ 34.0 million at an average purchase price of $ 25.05 per share. 138,151 shares that were acquired were reissued in December 2022 to one of the Directors of Global Indemnity Group, LLC at an average price per share of $ 24.17 . As a result of these transactions, book value per share increased by $ 1.69 per share since inception of the stock repurchase program in October 202 2. Shares purchased from employees or third parties by Global Indemnity Group, LLC are held as treasury stock and recorded at cost until formally retired by Global Indemnity Group, LLC. The following table provides information with respect to the class A common shares that were surrendered, repurchased, or redeemed in 2023: Period (1) Total Number Average Total Number of Shares Approximate Dollar (2) Class A common shares: January 1-31, 2023 3,302 (3) $ 23.31 — — January 1-31, 2023 250,000 (4) $ 25.90 250,000 $ 106,604,066 April 1-30, 2023 200,000 (4) $ 28.00 200,000 $ 101,004,066 June 1-30, 2023 15,558 (3) $ 33.74 — $ 101,004,066 Total 468,860 $ 27.04 450,000 (1) Based on settlement date. (2) Based on the $ 135 million share repurchase authorization. (3) Surrendered by employees as payment of taxes withheld on the vesting of restricted stock and/or restricted stock units. (4) Purchased as part of the stock repurchase program which commenced in 4th quarter of 2022. The following table provides information with respect to the class A common shares that were surrendered, repurchased, or redeemed in 2022: Period (1) Total Number Average Total Number of Shares Approximate Dollar (2) Class A common shares: January 1-31, 2022 4,781 (3) $ 25.13 — — June 1-30, 2022 11,173 (3) $ 26.28 — — October 1-31, 2022 200,000 (4) $ 23.49 200,000 27,302,000 November 1-30, 2022 250,000 (4) $ 24.50 250,000 21,177,000 December 1-31, 2022 457,082 (4) $ 24.28 457,082 10,079,066 Total 923,036 $ 24.20 907,082 (1) Based on settlement date. (2) Based on the $ 32 million share repurchase authorization. (3) Surrendered by employees as payment of taxes withheld on the vesting of restricted stock and/or restricted stock units. (4) Purchased as part of the stock repurchase program which commenced in 4th quarter of 2022. Global Indemnity Group, LLC converted 153,594 of class B common shares to class A common shares on November 14, 2022. There were no other class B common shares that were surrendered, repurchased, or redeemed in 2023 or 2022. Each class A common share has one vote and each class B common share has ten vot es. As of December 31, 2023, Global Indemnity Group, LLC’s class A common shares were held by approximately 140 shareholders of record. The Fox Paine Entities comprise the two holders of record of Global Indemnity Group, LLC’s class B common shares as of December 31, 2023. Global Indemnity Group, LLC’s preferred shares were held by 1 holder of record, an affiliate of Fox Paine & Company, LLC, as of December 31, 2023 .

Related Party Transactions

Related Party Transactions	12 Months Ended
	Dec. 31, 2023
Related Party Transactions [Abstract]
Related Party Transactions	16. Related Party Transactions Fox Paine Entities Pursuant to Global Indemnity Group, LLC’s LLCA, Fox Paine Capital Fund II International, L.P. (the “Fox Paine Fund”), 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 83.8 % of the voting power of Global Indemnity Group, LLC as of December 31, 2023. 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. See Note 15 of the notes to consolidated financial statements in Item 8 of Part II of this report for additional information on the Series A Cumulative Fixed Rate Preferred Interests. Pursuant to the Third Amended and Restated Management Agreement, (“Management Agreement”) dated August 28, 2020 , between Global Indemnity Group, LLC and Fox Paine & Company, LLC, Global Indemnity Group, LLC agrees to pay, or to cause one of its affiliates to pay, an annual service fee (“Annual Service Fee”) as compensation for Fox Paine & Company, LLC’s ongoing provision of certain financial and strategic consulting, advisory and other services to Global Indemnity Group, LLC and its affiliates, and to reimburse all direct and indirect expenses paid or incurred in connection with such services upon request, excluding expenses for travel, lodging, meals, and other items relating to attendance at regularly scheduled meetings of the Board of Directors. The Annual Service Fee is adjusted annually to reflect the aggregate increase in the CPI-U. The current fee charged for the twelve month period beginning September 5, 2023 was $ 3.2 million. Should Global Indemnity Group, LLC and Fox Paine & Company, LLC agree that the Annual Service Fee will be deferred, the Annual Service Fee will become subject to an annual adjustment equal to the percentage rate of return the Company earns on its investment portfolio multiplied by the aggregate Annual Service Fees and adjustment amounts accumulated and unpaid through such date. Management fee expense of $ 3.1 million, $ 2.9 million, and $ 2.7 million was incurred during the years ended December 31, 2023, 2022, and 2021 , respectively. Prepaid management fees, which were included in other assets on the consolidated balance sheets, were $ 2.1 million as of December 31, 2023 and 2022. 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 recuses 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	12 Months Ended
	Dec. 31, 2023
Commitments and Contingencies Disclosure [Abstract]
Commitments and Contingencies	17. 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 December 31, 2023, the Company has funded $ 35.8 million 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. 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 16 above for additional information pertaining to this management agreement.

Share-Based Compensation Plans

Share-Based Compensation Plans	12 Months Ended
	Dec. 31, 2023
Share-Based Payment Arrangement [Abstract]
Share-Based Compensation Plans	18. Share-Based Compensation Plans The fair value method of accounting recognizes share-based compensation to employees and non-employee directors in the consolidated statements of operations using the grant-date fair value of the stock options and other equity-based compensation expensed over the requisite service and vesting period. For the purpose of determining the fair value of stock option awards, the Company uses the Black-Scholes option-pricing model. The Company elected a policy to accrue for compensation cost based on the number of awards that are expected to vest. An estimation of forfeitures is required when recognizing compensation expense which is then adjusted over the requisite service period should actual forfeitures differ from such estimates. Changes in estimated forfeitures are recognized through a cumulative adjustment to compensation in the period of change. Excess tax benefits and tax deficiencies associated with share-based payment awards are required to be recognized as an income tax benefit or expense in net income (loss) with the corresponding cash flows recognized as an operating activity in the Consolidated Statement of Cash Flow. Share Incentive Plan On June 14, 2023 , the Company’s Shareholders approved the Global Indemnity Group, LLC 2023 Share Incentive Plan (“the 2023 Plan”). The primary purpose of the 2023 Plan is to provide Global Indemnity a competitive advantage in attracting, retaining, and motivating officers, employees, consultants and non-employee directors, and to position Global Indemnity to offer incentives linked to the financial results of the Company’s business and increases in shareholder value. Under the 2023 Plan, the Company may issue up to 2.5 million class A common shares pursuant to awards granted under the Plan. The 2023 Plan replaced the Global Indemnity Group, LLC 2018 Share Incentive Plan, as amended and restated on August 28, 2020, which expired pursuant to its terms on March 4, 2023. Options Award activity for stock options granted under the Plan and the weighted average exercise price per share are summarized as follows: Time-Based Performance- Total Weighted Options outstanding at January 1, 2021 900,000 100,000 1,000,000 40.04 Options issued — 140,000 140,000 28.70 Options forfeited ( 300,000 ) ( 146,667 ) ( 446,667 ) 47.06 Options exercised — — — — Options expired — — — — Options purchased by the Company — — — — Options outstanding at December 31, 2021 600,000 93,333 693,333 33.23 Options issued 200,000 — 200,000 20.77 Options forfeited — ( 46,666 ) ( 46,666 ) 28.70 Options exercised — — — — Options expired — — — — Options purchased by the Company — — — — Options outstanding at December 31, 2022 800,000 46,667 846,667 30.54 Options issued — — — — Options forfeited ( 600,000 ) ( 46,667 ) ( 646,667 ) 33.56 Options exercised — — — — Options expired — — — — Options purchased by the Company — — — — Options outstanding at December 31, 2023 (1) 200,000 — 200,000 $ 20.77 Options exercisable at December 31, 2023 (1) 200,000 — 200,000 $ 20.77 (1) Represents stock options granted to the Company's Chief Executive Officer. See note below under Chief Executive Officer for additional information. The Company recorded $ 0.2 million, $ 0.3 million, and ($ 1.1 ) million of compensation expense for stock options under the Plan during the years ended December 31, 2023, 2022, and 2021, respectively. The Company did no t receive any proceeds from the exercise of options during 2023, 2022 or 2021 under the Plan. The Company does not anticipate any additional compensation expense related to options outstanding under the Plan at December 31, 2023. Option intrinsic values, which are the differences between the fair value of $ 32.24 at December 31, 2023 and the weighted average strike price of the option, are as follows: Number Weighted Average Strike Price Intrinsic Value Outstanding 200,000 20.77 $ 2.3 Million Exercisable 200,000 20.77 $ 2.3 Million Exercised (1) — — — (1) The intrinsic value of the exercised options is the difference between the fair market value at time of exercise and the strike price of the option. There were no options granted under the Plan in 2023. The weighted average fair value of options granted under the Plan was $ 2.98 in 2022 and $ 6.95 in 2021 using a Black-Scholes option-pricing model and the following weighted average assumptions. 2022 2021 Dividend yield 2.0 % 2.0 % Expected volatility 22.56 % 38.64 % Risk-free interest rate 4.49 % 0.2 % Expected option life 2.0 years 3.5 years The following tables summarize the range of exercise prices of options outstanding at December 31, 2023, 2022, and 2021: Ranges of Outstanding at December 31, 2023 Weighted Average Per Weighted Average $ 20.00 - $ 24.99 200,000 $ 20.77 5.8 years Total 200,000 Ranges of Outstanding at December 31, 2022 Weighted Average Per Weighted Average $ 15.00 - $ 19.99 300,000 $ 17.87 0.0 years $ 20.00 - $ 24.99 200,000 $ 20.77 6.8 years $ 25.00 - $ 39.99 46,667 $ 28.70 8.1 years $ 50.00 - $ 59.99 300,000 $ 50.00 5.0 years Total 846,667 Ranges of Outstanding at December 31, 2021 Weighted Average Per Weighted Average $ 15.00 - $ 19.99 300,000 $ 17.87 0.0 years $ 25.00 - $ 39.99 93,333 $ 28.70 9.0 years $ 50.00 - $ 59.99 300,000 $ 50.00 6.0 years Total 693,333 Restricted Shares / Restricted Stock Units In addition to stock option grants, the Plan also provides for the granting of restricted shares and restricted stock units to employees and non-employee Directors. The Compan y recognized compensation expense for restricted stock of $ 2.7 million, $ 2.0 million, and $ 2.5 million for 2023, 2022, and 2021 , respectively. There is no unrecognized compensation expense for the non-vested restricted stock at December 31, 2023 . The Company recognized compensation expense for restricted stock units of $ 0.5 million, $ 1.5 million, and $ 0.9 million for 2023, 2022 and 2021 , respectively. The total unrecognized compensation expense for the non-vested restricted stock units is $ 0.1 million at December 31, 2023 , which will be recognized over a weighted average life of 0 .5 years. The following table summarizes the restricted stock grants since the 2003 inception of the original share incentive plan: Restricted Stock Awards Year Employees Directors Total Inception through 2020 1,171,576 747,601 1,919,177 2021 — 83,199 83,199 2022 — 97,260 97,260 2023 — 91,088 91,088 1,171,576 1,019,148 2,190,724 The following table summarizes the non-vested restricted shares activity for the years ended December 31, 2023, 2022, and 2021: Number of Weighted Non-vested Restricted Shares at January 1, 2021 35,403 38.45 Shares issued 83,199 27.24 Shares vested ( 101,048 ) 29.59 Shares forfeited ( 2,915 ) 36.58 Non-vested Restricted Shares at December 31, 2021 14,639 36.23 Shares issued 97,260 25.08 Shares vested ( 100,975 ) 25.49 Shares forfeited ( 10,924 ) 36.23 Non-vested Restricted Shares at December 31, 2022 — — Shares issued 91,088 29.83 Shares vested ( 91,088 ) 29.83 Shares forfeited — — Non-vested Restricted Shares at December 31, 2023 — $ — The following table summarizes the restricted stock unit grants since the 2003 inception of the original share incentive plan: Restricted Stock Unit Awards Year Employees Directors Total Inception through 2020 336,736 41,667 378,403 2021 — — — 2022 — — — 2023 — — — 336,736 41,667 378,403 The following table summarizes the non-vested restricted stock units activity for the years ended December 31, 2023, 2022, and 2021: Number Weighted Average Price Per Restricted Stock Unit Non-vested Restricted Stock Units at January 1, 2021 315,026 $ 30.26 Restricted Stock Units issued — — Restricted Stock Units vested ( 44,245 ) 30.08 Restricted Stock Units forfeited ( 43,425 ) 30.06 Non-vested Restricted Stock Units at December 31, 2021 227,356 $ 30.33 Restricted Stock Units issued — — Restricted Stock Units vested ( 47,633 ) 30.35 Restricted Stock Units forfeited ( 51,885 ) 29.82 Non-vested Restricted Stock Units at December 31, 2022 127,838 $ 30.53 Restricted Stock Units issued — — Restricted Stock Units vested ( 61,652 ) 30.43 Restricted Stock Units forfeited ( 14,893 ) 30.18 Non-vested Restricted Stock Units at December 31, 2023 51,293 $ 30.75 Upon vesting, the restricted stock units are converted to restricted class A common shares. Based on the terms of the restricted share and restricted stock unit grants, all forfeited shares revert back to the Company. During 2023, 2022, and 2021 , the Company granted 91,088 , 97,260 , and 83,199 class A common shares, respectively, at a weighted average grant date value of $ 29.83 , $ 25.08 , and $ 27.24 per share, respectively, to non-employee directors of the Company under the Plan. The Company previously granted 157,139 shares to a non-employee director with deferred vesting. These shares vested on January 13, 2023 . All other s hares granted to non-employee directors of the Company are fully vested but subject to certain restrictions. There were no restricted class A common shares or restricted stock units granted to key employees during the years ended December 31, 2023, 2022, or 2021. Book Value Appreciation Rights (“BVAR”) In 2021, the Company granted 2,500,000 Penn-Patriot BVARs with an aggregate initial notional value equal to approximately 5 % of Penn-Patriot’s book value, which entitled the holder to a payment based on the value of the per-BVAR appreciation in Penn-Patriot’s book value over the initial notional value. These BVARs were forfeited in 2022. In 2021, the Company also granted 400,000 Penn-Patriot BVARS with an aggregate initial notional value equal to approximately 0.8 % of Penn-Patriot’s book value, which entitled the holder to a payment based on the value of the per-BVAR appreciation in Penn-Patriot’s book value over the initial notional value. These BVARs were forfeited in 2022. There were no BVARs granted during the years ended December 31, 2023 and 2022. The Company recorded $ 2.3 million in compensation expense during the year ended December 31, 2021. This expense was reversed in 2022 when the BVARs were forfeited. There was no compensation expense related to BVARs during the year ended December 31, 2023. There were no accrued expenses rel ated to BVARs as of December 31, 2023 or 2022. Book Value Rights ("BVR") Book Value Rights are awards issued to employees which are indexed to Penn-Patriot Insurance Company's equity. Penn-Patriot Insurance Company is a wholly owned subsidiary of the Company. The BVRs are payable in either cash or Global Indemnity Group, LLC's class A common shares at the discretion of Global Indemnity Group, LLC's Board of Directors. In 2023, the Comp any granted 177,045 Penn-Patriot Book Value Rights. These BVR will vest 50 % on March 3, 2025 and 50 % on March 3, 2026 . In 2022, the Comp any granted 179,096 Penn-Patriot Book Value Rights. Of these BVR, 69,034 BVR have a three year cliff vesting period. 34,463 BVR will vest on December 31, 2024 . 20,855 BVR will vest 50 % on April 18, 2025 and 50 % on April 18, 2027 . The remaining 54,745 BVR will vest as follows: • 16.5 % vested on January 1, 2023 , 16.5 % will vest on January 1, 2024 , and 17.0 % of the book value rights will vest on January 1, 2025 . • Subject to Board approval, 50 % of the book value rights will vest 100 %, no later than March 15, 2026 , following a re-measurement of 2022 results as of December 31, 2025. In 2021, the Company granted 131,438 Penn-Patriot Book Value Rights. Of these BVR, 97,432 BVR have a three year cliff vesting period. Of the remaining 34,006 BVR, 50 % vested on October 26, 2022 and 50 % will be paid in January 2024 . The Company recorded $ 0.6 million, $ 0.8 million, and $ 0.1 million in compensation expense during the years ended December 31, 2023, 2022, and 2021 , respectively, and had $ 1.3 million and $ 0.7 million accrued as of December 31, 2023, and 2022, respectively, related to the book value rights. Chief Executive Officer Effective October 21, 2022, Global Indemnity Group, LLC's Board of Directors appointed Joseph W. Brown as its Chief Executive Officer ("CEO"). The CEO Agreement provides for a grant of 200,000 stock options to acquire GBLI class A common shares with an exercise price equal to the closing price of GBLI’s class A common shares on the date of the grant. The options vested in four equal tranches as follows: 25 % on each of November 1, 2022 , February 1, 2023 , May 1, 2023 and August 1, 2023 and are exercisable within 7 years of the grant notwithstanding any earlier termination of employment. The stock options are subject to the terms and conditions for stock options as reflected in the Company’s 2018 Share Incentive Plan and written option agreement. See Note 26 for additional information on stock options granted in connection with new CEO Agreement entered into on January 18, 2024. Rule 10b5-1 Trading Plans The Company did not have any Rule 10b5-1 Trading Plans in place during the years ended December 31, 2023, 2022, and 2021 .

401(k) Plan

401(k) Plan	12 Months Ended
	Dec. 31, 2023
Postemployment Benefits [Abstract]
401(k) Plan	19. 401(k) Plan The Company maintains a 401(k) defined contribution plan that covers all eligible U.S. employees. Under this plan, the Company matches 100 % of the first 6 % contributed by an employee. Vesting on contributions made by the Company is immediate. Total expenses for the plan were $ 1.6 million, $ 2.0 million, and $ 1.9 million for the three years ended December 31, 2023, 2022, and 2021, respectively.

Earnings Per Share

Earnings Per Share	12 Months Ended
	Dec. 31, 2023
Earnings Per Share [Abstract]
Earnings Per Share	20. 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: Years Ended December 31, (Dollars in thousands, except share and per share data) 2023 2022 2021 Numerator: Net income (loss) $ 25,429 $ ( 850 ) $ 29,354 Less: preferred stock distributions 440 440 440 Net income (loss) available to common shareholders $ 24,989 $ ( 1,290 ) $ 28,914 Denominator: Weighted average shares for basic earnings per share 13,553,168 14,482,164 14,426,739 Non-vested restricted stock — — 11,016 Non-vested restricted stock units 49,616 — 120,936 Options 63,624 — 105,639 Weighted average shares for diluted earnings per share (1) 13,666,408 14,482,164 14,664,330 Earnings per share - Basic $ 1.84 $ ( 0.09 ) $ 2.00 Earnings per share - Diluted $ 1.83 $ ( 0.09 ) $ 1.97 (1) For the year ended December 31, 2022, “weighted average shares outstanding – basic” was used to calculate “diluted earnings per share” due to a net loss for the period. If the Company had not incurr ed a loss during the year ended December 31, 2022, 14,644,274 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 for the year ended December 31, 2022 would have included 74,987 restricted stock units and 87,124 share equivalents for options. The weighted average shares outstanding used to determine dilutive earnings per share for the years ended December 31, 2022 and 2021 does not include 346,667 and 393,333 options, respectively, which were deemed to be anti-dilutive. The year ended December 31, 2023 did no t have any options that were deemed to be anti-dilutive.

Statutory Financial Information

Statutory Financial Information	12 Months Ended
	Dec. 31, 2023
Insurance [Abstract]
Statutory Financial Information	21. Statutory Financial Information GAAP differs in certain respects from Statutory Accounting Principles (“SAP”) as prescribed or permitted by the various U.S. state insurance departments. The principal differences between SAP and GAAP are as follows: • Under SAP, investments in debt securities are primarily carried at amortized cost, while under GAAP the Company records its debt securities at estimated fair value. • Under SAP, policy acquisition costs, such as commissions, premium taxes, fees and other costs of underwriting policies are charged to current operations as incurred, while under GAAP such costs are deferred and amortized on a pro rata basis over the period covered by the policy. • Under SAP, certain assets designated as "Non-admitted assets" (such as prepaid expenses) are charged against surplus. • Under SAP, net deferred income tax assets are admitted following the application of specified criteria, with the resulting admitted deferred tax amount being credited directly to surplus. • Under SAP, certain premium receivables are non-admitted and are charged against surplus based upon aging criteria. • Under SAP, the costs and related receivables for guaranty funds and other assessments are recorded based on Management's estimate of the ultimate liability and related receivable settlement, while under GAAP such costs are accrued when the liability is probable and reasonably estimable and the related receivable amount is based on future premium collections or policy surcharges from in-force policies. • Under SAP, unpaid losses and loss adjustment expenses and unearned premiums are reported net of the effects of reinsurance transactions, whereas under GAAP, unpaid losses and loss adjustment expenses and unearned premiums are reported gross of reinsurance. • Under SAP, a provision for reinsurance is charged to surplus based on the authorized status of reinsurers, available collateral, and certain aging criteria, whereas under GAAP, an allowance for uncollectible reinsurance is established based on Management’s best estimate of the collectability of reinsurance receivables. • Under SAP, the tax impact of the Tax Cuts and Jobs Act enacted on December 22, 2017 is recorded through surplus, whereas under GAAP, the tax impact is recorded in the Consolidated Statements of Operations. The National Association of Insurance Commissioners (“NAIC”) issues model laws and regulations, many of which have been adopted by state insurance regulators, relating to: (a) risk-based capital ("RBC") standards; (b) codification of insurance accounting principles; (c) investment restrictions; and (d) restrictions on the ability of insurance companies to pay dividends. The Company’s insurance subsidiaries are required by law to maintain certain minimum surplus on a statutory basis, and are subject to regulations under which payment of a dividend from statutory surplus is restricted and may require prior approval of regulatory authorities. Applying the current regulatory restrictions as of December 31, 2023, the maximum amount of distributions that could be paid in 2024 by Penn-Patriot Insurance Company, the United National insurance companies, and the Penn-America insurance companies under applicable laws and regulations without regulatory approval is approximately $ 40.2 million, $ 29.8 million, and $ 12.6 million, respectively. The Penn-America insurance companies limitation includes $ 4.1 million that would be distributed to United National Insurance Company or its subsidiary, Penn Independent Corporation, based on the December 31, 2023 ownership percentages. The Company’s insurance subsidiaries did no t declare or pay any dividends in 2023. The NAIC's RBC model provides a tool for insurance regulators to determine the levels of statutory capital and surplus an insurer must maintain in relation to its insurance and investment risks, as well as its reinsurance exposures, to assess the potential need for regulatory attention. The model provides four levels of regulatory attention, varying with the ratio of an insurance company's total adjusted capital to its authorized control level RBC ("ACLRBC"). If a company’s total adjusted capital is: (a) less than or equal to 200%, but greater than 150% of its ACLRBC (the "Company Action Level"), the company must submit a comprehensive plan to the regulatory authority proposing corrective actions aimed at improving its capital position; (b) less than or equal to 150%, but greater than 100% of its ACLRBC (the "Regulatory Action Level"), the regulatory authority will perform a special examination of the company and issue an order specifying the corrective actions that must be followed; (c) less than or equal to 100%, but greater than 70% of its ACLRBC (the "Authorized Control Level"), the regulatory authority may take any action it deems necessary, including placing the company under regulatory control; and (d) less than or equal to 70% of its ACLRBC (the "Mandatory Control Level"), the regulatory authority must place the company under its control. Based on the standards currently adopted, the Company reported in its 2023 statutory filings that the capital and surplus of the insurance companies are above the prescribed Company Action Level RBC requirements. The following is selected information for the Company’s insurance companies, net of intercompany eliminations, where applicable, as determined in accordance with SAP: Years Ended December 31, (Dollars in thousands) 2023 2022 2021 Statutory capital and surplus, as of end of period $ 402,838 $ 367,275 $ 359,471 Statutory net income 60,976 23,044 29,696

Segment Information

Segment Information	12 Months Ended
	Dec. 31, 2023
Segment Reporting [Abstract]
Segment Information	22. Segment Information During the fourth quarter of 2023, the Company restructured its insurance operations to strengthen its market presence and enhance GBLI's focus on core products and made the decision to manage the business through two segments, Penn-America and Non-Core Operations. 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. Segment results for prior years have been revised to reflect these changes. Both segments follow the same accounting policies used for the Company’s consolidated financial statements. For further disclosure regarding the Company’s accounting policies, please see Note 4. The Company manage the distribution of its core product offerings through its Penn-America segment (formerly known as Commercial Specialty). Penn-America offers specialty property and casualty products designed for GBLI's Wholesale Commercial, Programs, InsurTech, and Assumed Reinsurance product offerings. The Company also has a Non-Core Operations segment that contains lines of business that have been de-emphasized or are no longer being written. The following are tabulations of business segment information for the years ended December 31, 2023, 2022, and 2021. Corporate information is included to reconcile segment data to the consolidated financial statements. 2023: Penn- Non-Core Operations Total Revenues: Gross written premiums $ 369,660 $ 46,737 $ 416,397 Net written premiums $ 356,796 $ 42,523 $ 399,319 Net earned premiums $ 354,518 $ 118,839 $ 473,357 Other income 1,257 178 1,435 Total revenues 355,775 119,017 474,792 Losses and Expenses: Net losses and loss adjustment expenses 233,239 55,914 289,153 Acquisition costs and other underwriting expenses 134,155 48,462 182,617 Income (loss) from segments $ ( 11,619 ) $ 14,641 3,022 Unallocated Items: Net investment income 55,444 Net realized investment losses ( 2,107 ) Corporate and other operating expenses ( 23,383 ) Income before income taxes 32,976 Income tax expense ( 7,547 ) Net income $ 25,429 Segment assets $ 982,083 $ 603,433 $ 1,585,516 Corporate assets 144,060 Total assets $ 1,729,576 2022: Penn- Non-Core Operations Total Revenues: Gross written premiums $ 387,967 $ 339,636 $ 727,603 Net written premiums $ 370,306 $ 221,025 $ 591,331 Net earned premiums $ 359,597 $ 242,874 $ 602,471 Other income 1,029 433 1,462 Total revenues 360,626 243,307 603,933 Losses and Expenses: Net losses and loss adjustment expenses 214,854 144,374 359,228 Acquisition costs and other underwriting expenses 135,145 101,236 236,381 Income (loss) from segments $ 10,627 $ ( 2,303 ) 8,324 Unallocated Items: Net investment income 27,627 Net realized investment losses ( 32,929 ) Other income 29,903 Corporate and other operating expenses ( 24,421 ) Interest expense ( 3,004 ) Loss on extinguishment of debt ( 3,529 ) Income before income taxes 1,971 Income tax expense ( 2,821 ) Net loss $ ( 850 ) Segment assets $ 937,919 $ 824,256 $ 1,762,175 Corporate assets 38,600 Total assets $ 1,800,775 2021: Penn- Non-Core Operations Total Revenues: Gross written premiums $ 349,962 $ 332,160 $ 682,122 Net written premiums $ 328,659 $ 251,409 $ 580,068 Net earned premiums $ 308,676 $ 286,934 $ 595,610 Other income 1,028 787 1,815 Total revenues 309,704 287,721 597,425 Losses and Expenses: Net losses and loss adjustment expenses 184,163 200,801 384,964 Acquisition costs and other underwriting expenses 113,038 109,803 222,841 Income (loss) from segments $ 12,503 $ ( 22,883 ) ( 10,380 ) Unallocated Items: Net investment income 37,020 Net realized investment gains 15,887 Other income 27,936 Corporate and other operating expenses ( 27,179 ) Interest expense ( 10,481 ) Income before income taxes 32,803 Income tax expense ( 3,449 ) Net income $ 29,354 Segment assets $ 837,108 $ 920,734 $ 1,757,842 Corporate assets 254,967 Total assets $ 2,012,809

Supplemental Cash Flow Informat

Supplemental Cash Flow Information	12 Months Ended
	Dec. 31, 2023
Supplemental Cash Flow Information [Abstract]
Supplemental Cash Flow Information	23. Supplemental Cash Flow Information Taxes and Interest Paid The Company paid the following net federal income taxes and interest for 2023, 2022, and 2021: Years Ended December 31, (Dollars in thousands) 2023 2022 2021 Federal income taxes paid $ 613 $ 426 $ 54 Interest paid — 5,125 10,340

Government Assistance

Government Assistance	12 Months Ended
	Dec. 31, 2023
Government Assistance [Abstract]
Government Assistance	24. Government Assistance Enacted in March 2020, the Coronavirus Aid, Relief, and Economic Security Act ("CARES Act") provides tax relief and incentives to help in the recovery of businesses that partially or fully suspended operations during the coronavirus (“COVID-19”) pandemic in 2020. The CARES Act contains numerous benefits, one of which is the Employee Retention Credit for Employers Subject to Closure Due to COVID-19 (the “COVID-19 Employee Retention Credit” or “ERC”). The ERC was further enhanced with the passage of the Consolidated Appropriation Act (“CAA”) in December 2020. The Company qualified for a $ 5.3 million credit in 2021 by continuing to pay employees at locations that were fully or partially suspended as a result of a COVID-19 related government order. In 2021, qualified wages paid by employers with an average of 500 or less full time employees is defined as all wages paid during any quarter in which the employer is eligible for the ERC. In 2021, the credit was 70 % of qualified wages up to a maximum credit of $ 7,000 per employee per quarter. The Company receive d $ 5.5 million during the year ended December 31, 2022. Of this amount, $ 5.3 million was recorded as a reduction to compens ation cost, which is a component of corporate and other operating expenses, and $ 0.2 million was recorded as interest income on the Company’s consolidated statements of operations during the year ended December 31, 2022. The Company did no t receive any amounts during the years ended December 31, 2023 and 2021.

New Accounting Pronouncements

New Accounting Pronouncements	12 Months Ended
	Dec. 31, 2023
Accounting Changes and Error Corrections [Abstract]
New Accounting Pronouncements	25. New Accounting Pronouncements Recently Issued Accounting Guidance Not Yet Adopted In December 2023, the FASB issued an accounting standard update to address improvements to income tax disclosures. The standard requires disaggregated information about a company’s effective tax rate reconciliation as well as information on income taxes paid. The standard is effective for public companies for annual periods beginning after December 15, 2024, with early adoption permitted. The standard will be applied on a prospective basis with the option to apply the standard retrospectively. The Company does not expect the adoption of this new accounting guidance to have a material impact on the Company's financial condition, results of operations, or cash flows. In November 2023, the FASB issued an accounting standard update to address improvements to reportable segment disclosures. The standard primarily requires the following disclosure on an annual and interim basis: (i) significant segment expenses that are regularly provided to the chief operating decision maker ("CODM") and included within each reported measure of segment profit or loss; and (ii) other segment items and description of its composition. The standard also requires current annual disclosures about a reportable segment's profits or losses and assets to be disclosed in interim periods and the title and position of the CODM with an explanation of how the CODM uses the reported measure(s) of segment profits or losses in assessing segment performance and deciding how to allocate resources. The guidance is effective for public companies for fiscal years beginning after December 15, 2023 and interim periods within those fiscal years beginning after December 15, 2024, with early adoption permitted. The amendment is applied retrospectively to all prior periods presented. The Company does not expect the adoption of this new accounting guidance to have a material impact on the Company's financial condition, results of operations, or cash flows.

Subsequent Events

Subsequent Events	12 Months Ended
	Dec. 31, 2023
Subsequent Events [Abstract]
Subsequent Events	26. Subsequent Events Chief Executive Officer Agreement The Company entered into a new Chief Executive Officer Agreement ("2024 CEO Agreement") with Joseph W. Brown on J anuary 18, 2024. The 2024 CEO agreement provides for a grant of 200,000 stock options to acquire GBLI Class A common shares with an exercise price equal to the closing price of GBLI's Class A common shares on the date of the grant. The options vest in four equal tranches as follows: 25 % on each of the first business day of each quarter in 2024 (subject to Mr. Brown remaining employed with the Company through each vesting date), and to the extent vested, are exercisable within 7 years of the grant notwithstanding any earlier termination of employment. The 2024 CEO Agreement further provides that on the first business day of each year, beginning in 2025 through 2028, if Mr. Brown is employed by the Company, he shall be granted 50,000 stock options to acquire GBLI Class A common shares with an exercise price equal to the closing price of GBLI's Class A common shares on the date of the grant. The options, if granted, will vest on December 31, 2028 (subject to Mr. Brown remaining employed with the Company or serving on the Company's Board of Directors t hrough the vesting date), and to the extent vested, are exercisable within 7 years of the grant notwithstanding any earlier termination of employment. Distribution On March 6, 2024 , the Board of Directors approved a dividend rate of $ 0.35 per common share payable on March 28, 2024 to all shareholders of record as of the close of business on March 21, 2024 , a 40 % increase over the prior quarterly dividend rate of $ 0.25 per common share. Future dividends remain subject to the discretion of GBLI’s Board of Directors, including the Board of Director’s evaluation of the company’s financial performance, capital and reserve positions, liquidity, balance sheet, and other factors.

Summary of Investments - Other

Summary of Investments - Other Than Investments in Related Parties	12 Months Ended
	Dec. 31, 2023
SEC Schedule, 12-15, Insurance Companies, Summary of Investments, Other than Investments in Related Parties [Abstract]
Summary of Investments - Other Than Investments in Related Parties	GLOBAL INDEMNITY GROUP, LLC SCHEDULE I -- SUMMARY OF INVESTM ENTS -- OTHER THAN INVESTMENTS IN RELATED PARTIES (In thousands) As of December 31, 2023 Cost * Value Amount Type of Investment: Fixed maturities: United States government and government agencies and authorities $ 497,099 $ 494,223 $ 494,223 States, municipalities, and political subdivisions 27,326 26,150 26,150 Mortgage-backed and asset-backed securities 354,610 340,959 340,959 Public utilities 27,346 26,629 26,629 All other corporate bonds 415,711 405,832 405,832 Total fixed maturities 1,322,092 1,293,793 1,293,793 Equity securities: Public utilities — — — Industrial and miscellaneous 16,508 16,508 16,508 Total equity securities 16,508 16,508 16,508 Other long-term investments 38,236 38,236 38,236 Total investments $ 1,376,836 $ 1,348,537 $ 1,348,537 * Original cost of fixed maturities adjusted for amortization of premiums and accretion of discounts; original cost of equity securities and other long-term investments adjusted for income or loss earned on investments in accordance with equity method of accounting. All amounts are shown net of impairment losses.

Condensed Financial Information

Condensed Financial Information of Registrant (Parent Only)	12 Months Ended
	Dec. 31, 2023
Condensed Financial Information Disclosure [Abstract]
Condensed Financial Information of Registrant (Parent Only)	GLOBAL INDEMNITY GROUP, LLC SCHEDULE II – Condensed Financ ial Information of Registrant (Parent Only) Balance Sheets (Dollars in thousands, except share data) ASSETS December 31, 2023 December 31, 2022 Fixed maturities $ 70,464 $ 86,310 Equity securities, at fair value 436 1,694 Other invested assets 26,016 23,573 Total investments 96,916 111,577 Cash and cash equivalents 40 4,775 Intercompany note receivable (1) 69,400 69,400 Interest receivable – affiliates 1,501 627 Equity in unconsolidated subsidiaries (1) 482,653 444,517 Other assets 997 1,130 Total assets $ 651,507 $ 632,026 LIABILITIES AND SHAREHOLDERS' EQUITY Liabilities: Payable for securities $ — $ 49 Due to affiliates (1) 2,411 4,623 Other liabilities 343 1,125 Total liabilities 2,754 5,797 Commitments and contingencies — — 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 Common shares: no par value; 900,000,000 common shares authorized; class A common shares issued: 11,042,670 and 10,876,041 , respectively; class A common shares outstanding: 9,771,429 and 10,073,660 , respectively; class B common shares issued and outstanding: 3,793,612 and 3,793,612 , respectively — — Additional paid-in capital 454,791 451,305 Accumulated other comprehensive income (loss), net of tax ( 22,863 ) ( 43,058 ) Retained earnings 244,988 233,468 Class A common shares in treasury, at cost: 1,271,241 and 802,381 shares, respectively ( 32,163 ) ( 19,486 ) Total shareholders' equity 648,753 626,229 Total liabilities and shareholders’ equity $ 651,507 $ 632,026 (1) This item has been eliminated in the Company’s Consolidated Financial Statements. See Notes to Consolidated Financial Statements included in Item 8. GLOBAL INDEMNITY GROUP, LLC SCHEDULE II – Condensed Financial Information of Registrant (continued) (Parent Only) Statement of Operations and Comprehensive Income (Dollars in thousands) Years Ended December 31, 2023 2022 2021 Revenues: Net investment income $ 6,141 $ ( 1,980 ) $ 6,763 Intercompany interest income (1) 874 627 — Net realized investment gains (losses) ( 416 ) ( 4,620 ) 13,563 Total revenues 6,599 ( 5,973 ) 20,326 Expenses: Intercompany interest expense (1) — 2 1 Interest expense — 41 142 Corporate and other operating expenses 601 723 864 Loss on extinguishment of debt — 3,529 — Income (loss) before equity in earnings of unconsolidated subsidiaries 5,998 ( 10,268 ) 19,319 Equity in earnings of unconsolidated subsidiaries (1) 19,431 9,418 10,035 Net income (loss) 25,429 ( 850 ) 29,354 Other comprehensive income (loss), net of tax: Unrealized holdings gain (losses) arising during the period 1,287 ( 8,274 ) ( 3,568 ) Equity in other comprehensive income (loss) of unconsolidated subsidiaries (1) 18,703 ( 45,764 ) ( 24,300 ) Recognition of previously unrealized holding (gains) losses 205 4,576 ( 36 ) Other comprehensive income (loss), net of tax 20,195 ( 49,462 ) ( 27,904 ) Comprehensive income (loss), net of tax $ 45,624 $ ( 50,312 ) $ 1,450 (1) This item has been eliminated in the Company’s Consolidated Financial Statements. See Notes to Consolidated Financial Statements included in Item 8. GLOBAL INDEMNITY GROUP, LLC Condensed Financial Information of Registrant – (continued) (Parent Only) Statements of Cash Flows (Dollars in thousands) Years Ended December 31, 2023 2022 2021 Net cash provided by operating activities $ 4,388 $ 7,720 $ 7,264 Cash flows from investing activities: Proceeds from sale of fixed maturities 17,226 70,151 84,070 Proceeds from sale of equity securities 1,158 76,466 27,600 Proceeds from maturity of fixed maturities 240 438 1,087 Proceeds from other invested assets — 58,577 — Purchases of fixed maturities ( 271 ) ( 105,025 ) ( 60,800 ) Purchases of equity securities ( 111 ) ( 939 ) ( 30,956 ) Purchases of other invested assets — — ( 25,000 ) Net cash provided by (used in) investing activities 18,242 99,668 ( 3,999 ) Cash flows from financing activities: Distributions paid to common shareholders ( 14,248 ) ( 14,366 ) ( 14,431 ) Distributions paid to preferred shareholders ( 440 ) ( 440 ) ( 440 ) Issuance of note receivable to affiliates — ( 69,400 ) — Proceeds from the repayment of a note receivable from affiliate — — 11,283 Proceeds from issuance of note payable to affiliates — — 2,800 Repayment of note payable to affiliates — ( 2,800 ) — Purchase of class A common shares ( 12,677 ) ( 22,335 ) ( 490 ) Issuance of class A common shares — 3,339 — Net cash used in financing activities ( 27,365 ) ( 106,002 ) ( 1,278 ) Net change in cash and equivalents ( 4,735 ) 1,386 1,987 Cash and cash equivalents at beginning of period 4,775 3,389 1,402 Cash and cash equivalents at end of period $ 40 $ 4,775 $ 3,389 See Notes to Consolidated Financial Statements included in Item 8.

Supplementary Insurance Informa

Supplementary Insurance Information	12 Months Ended
	Dec. 31, 2023
SEC Schedule, 12-16, Insurance Companies, Supplementary Insurance Information [Abstract]
Supplementary Insurance Information	GLOBAL INDEMNITY GROUP, LLC SCHEDULE III -- SUPPLEMENTA RY INSURANCE INFORMATION (Dollars in thousands) Segment Deferred Future Policy Unearned Other Policy At December 31, 2023: Penn-America $ 34,908 $ 408,720 $ 161,135 $ - Non-Core Operations 7,537 441,879 21,717 - At December 31, 2022: Penn-America $ 34,290 $ 366,133 $ 159,554 $ - Non-Core Operations 30,604 466,271 109,799 - At December 31, 2021: Penn-America $ 31,370 $ 319,085 $ 147,999 $ - Non-Core Operations 28,961 440,819 168,567 - Segment Premium Benefits, Claims, Amortization of Net For the year ended December 31, 2023: Penn-America $ 354,518 $ 233,239 $ 80,226 $ 356,796 Non-Core Operations 118,839 55,914 40,657 42,523 Total $ 473,357 $ 289,153 $ 120,883 $ 399,319 For the year ended December 31, 2022: Penn-America $ 359,597 $ 214,854 $ 81,638 $ 370,306 Non-Core Operations 242,874 144,374 69,308 221,025 Total $ 602,471 $ 359,228 $ 150,946 $ 591,331 For the year ended December 31, 2021: Penn-America $ 308,676 $ 184,163 $ 74,494 $ 328,659 Non-Core Operations 286,934 200,801 70,450 251,409 Total $ 595,610 $ 384,964 $ 144,944 $ 580,068 Unallocated Corporate Items Net Corporate and For the year ended December 31, 2023: $ 55,444 $ 23,383 For the year ended December 31, 2022: 27,627 24,421 For the year ended December 31, 2021: 37,020 27,179

Reinsurance Earned Premiums

Reinsurance Earned Premiums	12 Months Ended
	Dec. 31, 2023
SEC Schedule, 12-17, Insurance Companies, Reinsurance [Abstract]
Reinsurance Earned Premiums	GLOBAL INDEMNITY GROUP, LLC SCHEDULE IV - - REINSURANCE EARNED PREMIUMS (Dollars in thousands) Direct Ceded to Assumed from Net Percentage For the year ended December 31, 2023: Property & Liability Insurance $ 376,288 $ 29,542 $ 126,611 $ 473,357 26.7 % For the year ended December 31, 2022: Property & Liability Insurance $ 589,131 $ 122,556 $ 135,896 $ 602,471 22.6 % For the year ended December 31, 2021: Property & Liability Insurance $ 578,171 $ 61,441 $ 78,880 $ 595,610 13.2 %

Valuation and Qualifying Accoun

Valuation and Qualifying Accounts and Reserves	12 Months Ended
	Dec. 31, 2023
SEC Schedule, 12-09, Valuation and Qualifying Accounts [Abstract]
Valuation and Qualifying Accounts and Reserves	GLOBAL INDEM NITY GROUP, LLC SCHEDULE V - VALUATION AND QUA LIFYING ACCOUNTS AND RESERVES (Dollars in thousands) Description Balance at Beginning of Period Charged (Credited) to Costs and Expenses Charged (Credited) to Other Accounts Other Deductions Balance at End of Period For the year ended December 31, 2023: Investment asset valuation reserves: Mortgage loans $ — $ — $ — $ — $ — Real estate — — — — — Allowance for doubtful accounts: Premiums, accounts and notes receivable $ 3,322 $ 1,474 $ — $ — $ 4,796 Deferred tax asset valuation allowance — — — — — Reinsurance receivables 8,992 — — — 8,992 For the year ended December 31, 2022: Investment asset valuation reserves: Mortgage loans $ — $ — $ — $ — $ — Real estate — — — — — Allowance for doubtful accounts: Premiums, accounts and notes receivable $ 2,996 $ 326 $ — $ — $ 3,322 Deferred tax asset valuation allowance — — — — — Reinsurance receivables 8,992 — — — 8,992 For the year ended December 31, 2021: Investment asset valuation reserves: Mortgage loans $ — $ — $ — $ — $ — Real estate — — — — — Allowance for doubtful accounts: Premiums, accounts and notes receivable $ 2,900 $ 96 $ — $ — $ 2,996 Deferred tax asset valuation allowance — — — — — Reinsurance receivables 8,992 — — — 8,992

Supplementary Information for P

Supplementary Information for Property Casualty Underwriters	12 Months Ended
	Dec. 31, 2023
SEC Schedule, 12-18, Supplemental Information, Property-Casualty Insurance Underwriters [Abstract]
Supplementary Information for Property Casualty Underwriters	GLOBAL INDEMNITY GROUP, LLC SCHEDULE VI -- SUPPLEMENTARY INFORMATIO N FOR PROPERTY CASUALTY UNDERWRITERS (Dollars in thousands) Deferred Policy Reserves for Discount If Unearned Consolidated Property & Casualty Entities: As of December 31, 2023 $ 42,445 $ 850,599 $ — $ 182,852 As of December 31, 2022 64,894 832,404 — 269,353 As of December 31, 2021 60,331 759,904 — 316,566 Earned Net Claims and Claim Adjustment Amortization Of Deferred Policy Paid Claims Premiums Premiums Income Current Year Prior Year Acquisition Costs Expenses Written Consolidated Property & Casualty Entities: For the year ended December 31, 2023: $ 473,357 $ 55,444 $ 279,609 $ 9,544 $ 120,883 $ 270,766 $ 399,319 For the year ended December 31, 2022: 602,471 27,627 367,298 ( 8,070 ) 150,946 265,306 591,331 For the year ended December 31, 2021: 595,610 37,020 376,306 8,658 144,944 300,156 580,068 Note: All of the Company's insurance subsidiaries are 100% owned and consolidated.

Principles of Consolidation a_2

Principles of Consolidation and Basis of Presentation (Policies)	12 Months Ended
	Dec. 31, 2023
Organization Consolidation And Presentation Of Financial Statements [Line Items]
Business Segments	See Note 22 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, and Penn-Patriot Insurance Company. The insurance companies’ primary activity is providing insurance products across a distribution network that includes wholesale general agents, retail agents, and direct-to-consumer. The Company manages the distribution of its core product offerings through Penn-America (formerly known as Commercial Specialty). Penn-America offers specialty property and casualty products designed for GBLI's Wholesale Commercial, Programs, InsurTech, and Assumed Reinsurance product offerings. These product lines are offered in the excess and surplus lines marketplace. The Company also has a Non-Core Operations segment that contains lines of business that have been de-emphasized or are no longer being written. Collectively, the Company’s insurance subsidiaries are licensed in all 50 states, the District of Columbia, Puerto Rico, and the U.S. Virgin Islands.
Intercompany Balances and Transactions	The consolidated financial statements 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 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. Certain amounts not reported in the Consolidated Statements of Operations for 2021 have been reported to conform to the presentation adopted in 2022. Specifically, the Company reported ceded written premiums and change in net unearned premiums in the presentation for 2022 and 2023. This change had no effect on total revenues, total expenses, or net income (loss) reported for the prior years.
Investments	Investments The Company’s investments in fixed maturities, which are classified as available for sale, and equity securities are carried at their fair value. Fair value is defined as the price that would be received to sell an asset or paid to transfer a liability in an orderly transaction between market participants at the measurement date. The fair values of the Company's fixed maturities and equity securities are determined on the basis of quoted market prices where available. If quoted market prices are not available, the Company uses third-party pricing services to assist in determining fair value. In many instances, these services examine the pricing of similar instruments to estimate fair value. The Company purchases bonds with the expectation of holding them to their maturity; however, changes to the portfolio are sometimes required to assure it is appropriately matched to liabilities. In addition, changes in financial market conditions and tax considerations may cause the Company to sell an investment before it matures. The difference between amortized cost and fair value of the Company’s fixed maturity portfolio, net of the effect of deferred income taxes, is reflected in accumulated other comprehensive income (loss) within shareholders’ equity and, accordingly, has no effect on net income (loss) other than for the credit loss component of impairments and losses recognized as a result of the intent to sell. Equity securities are measured at fair value with the changes in fair value recognized in net income (loss). For investments in limited partnerships and limited liability companies where the ownership interest is less than 3%, the Company carries these investments at fair value, and the change in the difference between cost and the fair value of these interests, net of the effect of deferred income taxes, is reflected in accumulated other comprehensive income (loss) wi thin shareholders' equity and, accordingly, has no effect on net income (loss). The Company uses the equity method to account for investments in limited partnerships and limited liability companies where its ownership interest exceeds 3 %. The equity method of accounting for an investment in a limited partnership and limited liability company requires that its cost basis be updated to account for the income or loss earned on the investment. The receipt of results for investments in limited partnerships and limited liability companies may vary. If results are received on a timely basis, they are included in current results. If they are not received on a timely basis, they are recorded on a one quarter lag. The recording of such results are applied consistently for each investment once the timing of receiving the results has been established. The income or loss associated with the limited partnerships and limited liability companies is reflected in the consolidated statements of operations, and the adjusted cost basis approximates fair value. The Company’s investments in other invested assets were valued at $ 38.2 million as of December 31, 2023 and 2022. These amounts relate to investments in limited partnerships and limited liability companies whose carrying value approximates fair value. Net realized gains and losses on investments are determined based on the first-in, first-out method. 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 $ 7.5 million and $ 8.4 million as of December 31, 2023 and 2022 , respectively.
Variable Interest Entities	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 two VIEs 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.
Cash and Cash Equivalents	Cash and Cash Equivalents For the purpose of the statements of cash flows, the Company considers all liquid instruments with an original maturity of three months or less to be cash equivalents. The Company has a cash management program that provides for the investment of excess cash balances primarily in short-term money market instruments. Generally, bank balances exceed federally insured limits. The carrying amount of cash and cash equivalents approximates fair value. At December 31, 2023 and 2022 , the Company had approximately $ 36.9 million and $ 26.0 million, respectively, of cash and cash equivalents that was invested in a diversified portfolio of high quality short-term debt securities.
Valuation of Premium Receivables	Valuation of Premium Receivables The Company evaluates the collectability of premium receivables based on a combination of factors. In instances in which the Company is aware of a specific circumstance where a party may be unable to meet its financial obligations to the Company, a specific allowance for expected credit losses against amounts due is recorded to reduce the net receivable to the amount reasonably believed by management to be collectible. For all remaining balances, 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 allowance for expected credit losses was $ 4.8 million and $ 3.3 million as of December 31, 2023 and 2022 , respectively.
Goodwill and Intangible Assets	Goodwill and Intangible Assets The Company tests for impairment of goodwill at least annually and more frequently as circumstances warrant in accordance with applicable accounting guidance. Accounting guidance allows for the testing of goodwill for impairment using both qualitative and quantitative factors. Impairment of goodwill is recognized only if the carrying amount of the reporting unit, including goodwill, exceeds the fair value of the reporting unit. The amount of the impairment loss would be equal to the excess carrying value of the goodwill over the implied fair value of the reporting unit goodwill. Impairment of intangible assets with an indefinite useful life is tested at least annually and more frequently as circumstances warrant in accordance with applicable accounting guidance. Accounting guidance allows for the testing of indefinite lived intangible assets for impairment using both qualitative and quantitative factors. Impairment of indefinite lived intangible assets is recognized only if the carrying amount of the intangible assets exceeds the fair value of said assets. The amount of the impairment loss would be equal to the excess carrying value of the assets over the fair value of said assets. Intangible assets that are not deemed to have an indefinite useful life are amortized over their estimated useful lives. The carrying amounts of definite lived intangible assets are regularly reviewed for indicators of impairment in accordance with applicable accounting guidance. Impairment is recognized only if the carrying amount of the intangible asset is in excess of its undiscounted projected cash flows. The impairment is measured as the difference between the carrying amount and the estimated fair value of the asset. See Note 8 for additional information on goodwill and intangible assets as well as the results of qualitative impairment assessments performed.
Reinsurance	Reinsurance In the normal course of business, the Company seeks to reduce the loss that may arise from events that cause unfavorable underwriting results by reinsuring certain levels of risk from various areas of exposure with reinsurers. Amounts receivable from reinsurers are estimated in a manner consistent with the reinsured policy and the reinsurance contract. The Company regularly reviews the collectability of reinsurance receivables. An allowance for uncollectible reinsurance receivables is recognized 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. Any changes in the allowance resulting from this review are included in net losses and loss adjustment expenses on the consolidated statements of operations during the period in which the determination is made. The allowance for expected credit losses was $ 9.0 million as of December 31, 2023 and 2022,. The applicable accounting guidance requires that the reinsurer must assume significant insurance risk under the reinsured portions of the underlying insurance contracts and that there must be a reasonably possible chance that the reinsurer may realize a significant loss from the transaction. The Company has evaluated its reinsurance contracts and concluded that each contract qualifies for reinsurance accounting treatment pursuant to this guidance.
Income Taxes	Income Taxes Deferred tax assets and liabilities are recognized for the future tax consequences attributable to differences between the financial statement carrying amounts of existing assets and liabilities and their respective tax bases. Deferred tax assets and liabilities are measured using enacted tax rates expected to apply to taxable income in the years in which those temporary differences are expected to be recovered or settled. The effect on deferred tax assets and liabilities of a change in tax rates is recognized in income in the period that includes the enactment date. A valuation allowance is provided when it is more likely than not that some portion of the deferred tax assets will not be realized. The deferred tax asset balance is analyzed regularly by management. This assessment requires significant judgment and considers, among other matters, the nature, frequency and severity of current and cumulative losses, forecasts of future profitability, the duration of carryforward periods, and tax planning strategies and/or actions. Management believes that it is more likely than not that the results of future operations can generate sufficient taxable income to realize the remaining deferred income tax assets, and accordingly, the Company has not established any valuation allowances.
Deferred Acquisition Costs	Deferred Acquisition Costs The costs of acquiring new and renewal insurance and reinsurance contracts primarily include commissions, premium taxes and certain other costs that are directly related to the successful acquisition of new and renewal insurance and reinsurance contracts. The excess of the Company’s costs of acquiring new and renewal insurance and reinsurance contracts over the related ceding commissions earned from reinsurers is capitalized as deferred acquisition costs and amortized over the period in which the related premiums are earned. The amortization of deferred acquisition costs for the years ended December 31, 2023, 2022, and 2021 was $ 120.9 million , $ 150.9 million , and $ 144.9 million , respectively.
Premium Deficiency	Premium Deficiency A premium deficiency is recognized if the sum of expected loss and loss adjustment expenses and unamortized acquisition costs exceeds related unearned premium after consideration of investment income. This evaluation is done at a distribution and product line/treaty level. Any future expected loss on the related unearned premium is recorded first by impairing the unamortized acquisition costs on the related unearned premium followed by an increase to loss and loss adjustment expense reserves on additional expected loss in excess of unamortized acquisition costs. No premium deficiency reserve existed as of December 31, 2023 or 2022 .
Derivative Instruments	Derivative Instruments The Company used derivative instruments to manage its exposure to cash flow variability from interest rate risk and limit exposure to severe equity market changes. The derivative instruments were carried on the balance sheet at fair value and included in other assets and other liabilities. Changes in the fair value of the derivative instruments and the periodic net interest settlements under the derivatives instruments were recognized as net realized investment gains (losses) on t he consolidated statements of operations.
Subordinated Notes	Subordinated Notes The carrying amounts reported in the balance sheet, if any, represent the outstanding balances, net of deferred issuance cost. See Note 13 for details.
Unpaid Losses and Loss Adjustment Expenses	Unpaid Losses and Loss Adjustment Expenses The liability for unpaid losses and loss adjustment expenses represents the Company’s best estimate of future amounts needed to pay losses and related settlement expenses with respect to events insured by the Company. This liability is based upon the accumulation of individual case estimates for losses reported prior to the close of the accounting period with respect to direct business, estimates received from ceding companies with respect to assumed reinsurance, and estimates of unreported losses. The process of establishing the liability for unpaid losses and loss adjustment is complex, requiring the use of informed actuarially based estimates and Management’s judgment. In some cases, significant periods of time, up to several years or more, may elapse between the occurrence of an insured loss and the reporting of that loss to the Company. To establish this liability, the Company regularly reviews and updates the methods of making such estimates and establishing the resulting liabilities. Any resulting adjustments are recorded in consolidated statements of operations during the period in which the determination is made.
Share Repurchases	Share Repurchases Shares repurchased from employees or third parties by Global Indemnity Group, LLC are held as treasury stock and recorded at cost until formally retired by Global Indemnity Group, LLC.
Retirement of Treasury Stock	Retirement of Treasury Stock Upon the formal retirement of treasury stock, Global Indemnity Group, LLC offsets the par value of the treasury stock that is being retired against common shares and reflects any excess of cost over par value as a deduction from Additional Paid-in Capital.
Share Redemptions	Share Redemptions When shares are redeemed, Global Indemnity Group, LLC offsets the par value of the redeemed shares against common shares and reflects any excess of cost over par value as a deduction from Retained Earnings.
Premiums	Premiums Premiums are recognized as revenue ratably over the term of the respective policies and treaties. Unearned premiums are computed on a pro rata basis to the day of expiration. Mandatory reinstatement premiums assessed on reinsurance policies are earned in the period of the loss event that gave rise to the reinstatement premiums.
Contingent Commissions	Contingent Commissions Certain professional general agencies of GBLI are paid special incentives, referred to as contingent commissions, when results of business produced by these agencies are more favorable than predetermined thresholds. Similarly, in some circumstances, companies that cede business to GBLI are paid profit commissions based on the profitability of the ceded portfolio. These commissions are charged to other underwriting expenses when incurred.
Share-Based Compensation	Share-Based Compensation The Company accounts for stock options and other equity based compensation using the modified prospective application of the fair value-based method permitted by the appropriate accounting guidance. See Note 18 for details.
Earnings per Share	Earnings per Share Basic earnings per share have been calculated by dividing net income (loss) available to common shareholders by the weighted-average common shares outstanding. In periods of net income, diluted earnings per share have been calculated by dividing net income available to common shareholders by the sum of the weighted-average common shares outstanding and the weighted-average common share equivalents outstanding, which include options and other equity awards. In periods of net loss, diluted earnings per share is the same as basic earnings per share. See Note 20 for details.
Foreign Currency	Foreign Currency At times, the Company maintains investments and cash accounts in foreign currencies related to the operations of its business. At period-end, the Company re-measures non-U.S. currency financial assets to their current U.S. dollar equivalent. The resulting gain or loss for foreign denominated fixed maturity investments, if any, is reflected in accumulated other comprehensive income (loss) within shareholders’ equity; whereas, the gain or loss on foreign denominated cash accounts and equity securities is reflected in income during the period. Financial liabilities, if any, are generally adjusted within the reserving process. However, for known losses on claims to be paid in foreign currencies, the Company re-measures the liabilities to their current U.S. dollar equivalent each period end with the resulting gain or loss reflected in income during the period. Net transaction gains and losses, primarily comprised of re-measurement of known losses on claims to be paid in foreign currencies, were a loss of $ 0.5 million, a gain of $ 0.3 million, and a gain of $ 0.5 million for the years ended December 31, 2023, 2022, and 2021 , respectively.
Leases	Leases The Company determines if an arrangement is a lease at inception. Leases with a term of 12 months or less are not recorded on the consolidated balance sheets. For leases with a term of greater than 12 months, lease right-of-use assets (“ROU”) and lease liabilities are included on the consolidated balance sheets. Lease ROU assets and lease liabilities are recognized based on the present value of the future minimum lease payments over the lease term at the commencement date. The Company’s leases do not provide an implicit rate; therefore, the Company uses its incremental borrowing rate at the commencement date in determining the present value of future payments. The ROU asset is calculated using the initial lease liability amount, plus any lease payments made at or before the commencement date, minus any lease incentives received, plus any initial direct costs incurred. Lease expenses for minimum lease payments are recognized on a straight-line basis over the lease term. The Company’s lease agreements may contain both lease and non-lease components which are accounted separately. The Company elected the practical expedient on not separating lease components from non-lease components for its equipment leases. Rental income derived from subleases are recognized on a straight-line basis over the operating lease term.
Other Income	Other Income Other income is primarily comprised of fee income, foreign exchange gains and losses, and gain on sale of the renewal rights.
Fair Value Measurement	The Company’s invested assets 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, as well as preferred stock, 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.
Tax Uncertainties	The Company applies a more-likely-than-not recognition threshold for all tax uncertainties whereby it only recognizes those tax benefits that have a greater than 50% likelihood of being sustained upon examination by relevant taxing authorities.
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.
Share-Based Compensation	The fair value method of accounting recognizes share-based compensation to employees and non-employee directors in the consolidated statements of operations using the grant-date fair value of the stock options and other equity-based compensation expensed over the requisite service and vesting period. For the purpose of determining the fair value of stock option awards, the Company uses the Black-Scholes option-pricing model. The Company elected a policy to accrue for compensation cost based on the number of awards that are expected to vest. An estimation of forfeitures is required when recognizing compensation expense which is then adjusted over the requisite service period should actual forfeitures differ from such estimates. Changes in estimated forfeitures are recognized through a cumulative adjustment to compensation in the period of change. Excess tax benefits and tax deficiencies associated with share-based payment awards are required to be recognized as an income tax benefit or expense in net income (loss) with the corresponding cash flows recognized as an operating activity in the Consolidated Statement of Cash Flow.
Financial Information	GAAP differs in certain respects from Statutory Accounting Principles (“SAP”) as prescribed or permitted by the various U.S. state insurance departments. The principal differences between SAP and GAAP are as follows: • Under SAP, investments in debt securities are primarily carried at amortized cost, while under GAAP the Company records its debt securities at estimated fair value. • Under SAP, policy acquisition costs, such as commissions, premium taxes, fees and other costs of underwriting policies are charged to current operations as incurred, while under GAAP such costs are deferred and amortized on a pro rata basis over the period covered by the policy. • Under SAP, certain assets designated as "Non-admitted assets" (such as prepaid expenses) are charged against surplus. • Under SAP, net deferred income tax assets are admitted following the application of specified criteria, with the resulting admitted deferred tax amount being credited directly to surplus. • Under SAP, certain premium receivables are non-admitted and are charged against surplus based upon aging criteria. • Under SAP, the costs and related receivables for guaranty funds and other assessments are recorded based on Management's estimate of the ultimate liability and related receivable settlement, while under GAAP such costs are accrued when the liability is probable and reasonably estimable and the related receivable amount is based on future premium collections or policy surcharges from in-force policies. • Under SAP, unpaid losses and loss adjustment expenses and unearned premiums are reported net of the effects of reinsurance transactions, whereas under GAAP, unpaid losses and loss adjustment expenses and unearned premiums are reported gross of reinsurance. • Under SAP, a provision for reinsurance is charged to surplus based on the authorized status of reinsurers, available collateral, and certain aging criteria, whereas under GAAP, an allowance for uncollectible reinsurance is established based on Management’s best estimate of the collectability of reinsurance receivables. • Under SAP, the tax impact of the Tax Cuts and Jobs Act enacted on December 22, 2017 is recorded through surplus, whereas under GAAP, the tax impact is recorded in the Consolidated Statements of Operations.
Capitalized Software Costs	Capitalized Software Costs Capitalized software costs, which represent costs directly related to obtaining, developing or upgrading internal use software, are capitalized during the application development stage. These costs generally consist of internal personnel costs and external consulting fees. Capitalized software costs, which are included in other assets on the Company’s Consolidated Balance Sheets, are amortized using the straight-line method over its estimated useful life beginning when the software is put into production. Internal and external costs incurred during the preliminary project stage, training costs, most data conversion costs, and maintenance costs are charged to expense as incurred. Capitalized software costs were $ 4.0 million and $ 4.1 million at December 31, 2023 and 2022, respectively. Amortization expense related to capitalized software for the years ended December 31, 2023, 2022, and 2021 w as $ 4.9 million, $ 6.1 million, and $ 7.1 million, respectively.

Sale of Renewal Rights (Tables)

Sale of Renewal Rights (Tables)	12 Months Ended
	Dec. 31, 2023
Renewal Rights Related to Manufactured and Dwelling HomesBusiness
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]
Summary of Impairments and Expense Related to Sale of Consolidated Statements of Operations	The impairments and expenses related to sale are included on the Company’s consolidated statements of operations as follows: Years Ended December 31, (Dollars in thousands) 2023 2022 2021 Acquisition costs and other underwriting expenses $ — $ 644 $ — Corporate and other operating expenses — — 7,202 Total impairments and expenses related to sale $ — $ 644 $ 7,202
Renewal Rights Related to Farm Ranch and Stable Business
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]
Summary of Impairments and Expense Related to Sale of Consolidated Statements of Operations	The impairments and expenses related to sale are included on the Company’s consolidated statements of operations as follows: Years Ended December 31, (Dollars in thousands) 2023 2022 2021 Acquisition costs and other underwriting expenses $ — $ 1,034 $ — Corporate and other operating expenses — 8,142 — Total impairments and expenses related to sale $ — $ 9,176 $ —

Restructuring (Tables)

Restructuring (Tables)	12 Months Ended
	Dec. 31, 2023
Restructuring and Related Activities [Abstract]
Summary of Charges Incurred by Expense Type and Remaining Liability	The following table summarizes charges incurred by expense type and the remaining liability as of December 31, 2023 and 2022: (Dollars in thousands) Consolidated Statements of Operations Line Employee Termination Lease Right of Use Asset Impairment Total Charges incurred in 2022 Corporate and other operating expenses $ 2,635 $ — $ 2,635 Charges incurred in 2022 Acquisition costs and other underwriting expenses (1) — 812 812 Non-cash asset charges — ( 812 ) ( 812 ) Liability at December 31, 2022 2,635 — 2,635 Charges incurred in 2023 Corporate and other operating expenses 1,997 — 1,997 Cash payments in 2023 ( 4,554 ) — ( 4,554 ) Liability at December 31, 2023 $ 78 $ — $ 78 (1) These charges were recorded within the Company's Non-Core Operations segment.

Investments (Tables)

Investments (Tables)	12 Months Ended
	Dec. 31, 2023
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 December 31, 2023 and 2022 : (Dollars in thousands) Amortized Allowance for Expected Credit Losses Gross Gross Estimated As of December 31, 2023 Fixed maturities: U.S. treasuries $ 497,099 $ — $ 515 $ ( 3,391 ) $ 494,223 Obligations of states and political subdivisions 27,326 — — ( 1,176 ) 26,150 Mortgage-backed securities 63,173 — 229 ( 4,475 ) 58,927 Asset-backed securities 207,375 — 668 ( 5,091 ) 202,952 Commercial mortgage-backed securities 84,062 — 12 ( 4,994 ) 79,080 Corporate bonds 298,526 — 116 ( 6,929 ) 291,713 Foreign corporate bonds 144,531 — 40 ( 3,823 ) 140,748 Total fixed maturities $ 1,322,092 $ — $ 1,580 $ ( 29,879 ) $ 1,293,793 (Dollars in thousands) Amortized Allowance for Expected Credit Losses Gross Gross Estimated As of December 31, 2022 Fixed maturities: U.S. treasuries $ 352,533 $ — $ — $ ( 8,430 ) $ 344,103 Obligations of states and political subdivisions 33,471 — — ( 1,876 ) 31,595 Mortgage-backed securities 67,560 — 165 ( 5,609 ) 62,116 Asset-backed securities 198,161 — 390 ( 9,151 ) 189,400 Commercial mortgage-backed securities 104,777 — 20 ( 6,133 ) 98,664 Corporate bonds 353,622 — 16 ( 14,858 ) 338,780 Foreign corporate bonds 191,599 — — ( 8,059 ) 183,540 Total fixed maturities $ 1,301,723 $ — $ 591 $ ( 54,116 ) $ 1,248,198
Schedule Of Investments In Equity Securities	As of December 31, 2023 and 2022, the Company’s investments in equity securities consist of the following: December 31, (Dollars in thousands) 2023 2022 Common stock $ — $ 1,271 Preferred stock 16,508 16,249 Total $ 16,508 $ 17,520
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 December 31, 2023, 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 $ 663,046 $ 660,141 Due in one year through five years 279,876 270,667 Due in five years through ten years 13,018 11,619 Due after ten years 11,542 10,407 Mortgage-backed securities 63,173 58,927 Asset-backed securities 207,375 202,952 Commercial mortgage-backed securities 84,062 79,080 Total $ 1,322,092 $ 1,293,793
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 December 31, 2023. The fair value amounts reported in the table are estimates that are prepared using the process described in Note 7. 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 55,447 ( 342 ) 239,254 ( 3,049 ) 294,701 ( 3,391 ) Obligations of states and political subdivisions - - 26,150 ( 1,176 ) 26,150 ( 1,176 ) Mortgage-backed securities 12,432 ( 406 ) 39,734 ( 4,069 ) 52,166 ( 4,475 ) Asset-backed securities 38,828 ( 469 ) 108,947 ( 4,622 ) 147,775 ( 5,091 ) Commercial mortgage-backed securities 13 ( 2 ) 76,467 ( 4,992 ) 76,480 ( 4,994 ) Corporate bonds 34,658 ( 264 ) 231,816 ( 6,665 ) 266,474 ( 6,929 ) Foreign corporate bonds 7,096 ( 13 ) 111,750 ( 3,810 ) 118,846 ( 3,823 ) Total fixed maturities $ 148,474 $ ( 1,496 ) $ 834,118 $ ( 28,383 ) $ 982,592 $ ( 29,879 ) 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, 2022. The fair value amounts reported in the table are estimates that are prepared using the process described in Note 7. 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 $ 335,781 $ ( 7,518 ) $ 8,322 $ ( 912 ) $ 344,103 $ ( 8,430 ) Obligations of states and political subdivisions 27,772 ( 1,378 ) 3,778 ( 498 ) 31,550 ( 1,876 ) Mortgage-backed securities 51,517 ( 4,228 ) 7,860 ( 1,381 ) 59,377 ( 5,609 ) Asset-backed securities 97,857 ( 3,610 ) 62,689 ( 5,541 ) 160,546 ( 9,151 ) Commercial mortgage-backed securities 67,926 ( 4,072 ) 27,907 ( 2,061 ) 95,833 ( 6,133 ) Corporate bonds 261,123 ( 8,480 ) 71,192 ( 6,378 ) 332,315 ( 14,858 ) Foreign corporate bonds 150,308 ( 5,469 ) 31,232 ( 2,590 ) 181,540 ( 8,059 ) Total fixed maturities $ 992,284 $ ( 34,755 ) $ 212,980 $ ( 19,361 ) $ 1,205,264 $ ( 54,116 )
Schedule of Impairments on Investments	The Company recorded the following impairments on its investment portfolio for the years ended December 31, 2023, 2022, and 2021 and are related to securities in an unrealized loss position where the Company had an intent to sell the securities: Years Ended December 31, (Dollars in thousands) 2023 2022 (1) 2021 Fixed maturities: Impairment related to intent to sell $ — $ ( 26,205 ) $ — Total $ — $ ( 26,205 ) $ — (1) 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. In connection with these actions, the Company identified fixed maturities securities with a weighted average life of five years or greater as having an intent to sell resulting in other-than-temporary impairment losses. The majority of which were sold in the 2nd quarter of 2022. Most of the proceeds from the sale of these securities were reinvested into fixed income investments with maturities of two years . As a result of these actions, the Company's book yield rose over time. Book yield was approximately 2.2 % at December 31, 2021 and 4 .0 % at December 31, 2023 .
Schedule of Accumulated Other Comprehensive Income (Loss), Net of Tax	Accumulated other comprehensive income (loss), net of tax, as of December 31, 2023 and 2022 was as follows: December 31, (Dollars in thousands) 2023 2022 Net unrealized gains (losses) from: Fixed maturities $ ( 28,299 ) $ ( 53,525 ) Foreign currency fluctuations ( 187 ) ( 127 ) Deferred taxes 5,623 10,594 Accumulated other comprehensive income (loss), net of tax $ ( 22,863 ) $ ( 43,058 )
Changes in Accumulated Other Comprehensive Income (Loss)	The following tables present the changes in accumulated other comprehensive incom e (loss) by components, for the years ended December 31, 2023 and 2022: Year Ended December 31, 2023 Unrealized Gains Foreign Currency Accumulated Other Beginning balance, net of tax $ ( 42,958 ) $ ( 100 ) $ ( 43,058 ) Other comprehensive income (loss) before reclassification, before tax 23,572 ( 60 ) 23,512 Amounts reclassified from accumulated other comprehensive income, before tax 1,654 — 1,654 Other comprehensive income (loss), before tax 25,226 ( 60 ) 25,166 Income tax benefit (expense) ( 4,983 ) 12 ( 4,971 ) Ending balance, net of tax $ ( 22,715 ) $ ( 148 ) $ ( 22,863 ) Year Ended December 31, 2022 Unrealized Gains Foreign Currency Accumulated Other Beginning balance, net of tax $ 6,519 $ ( 115 ) $ 6,404 Other comprehensive income (loss) before reclassification, before tax ( 101,255 ) 18 ( 101,237 ) Amounts reclassified from accumulated other comprehensive income, before tax 39,610 — 39,610 Other comprehensive income (loss), before tax ( 61,645 ) 18 ( 61,627 ) Income tax benefit (expense) 12,168 ( 3 ) 12,165 Ending balance, net of tax $ ( 42,958 ) $ ( 100 ) $ ( 43,058 )
Reclassifications Out of Accumulated Other Comprehensive Income (Loss)	The reclassifications out of accumulated other comprehensive income (loss) for the years ended December 31, 2023 and 2022 were as follows: (Dollars in thousands) Amounts Reclassified from Years Ended December 31, Details about Accumulated Other Affected Line Item in the Consolidated Statements of Operations 2023 2022 Unrealized gains and losses on available for sale securities Other net realized investment (gains) losses $ 1,654 $ 13,405 Other than temporary impairment losses on investments — 26,205 Total before tax $ 1,654 $ 39,610 Income tax expense (benefit) ( 304 ) ( 7,357 ) Total reclassifications, net of tax $ 1,350 $ 32,253
Components of Net Realized Investment Gains (Losses)	The components of net realized investment gains (losses) for the years ended December 31, 2023, 2022, and 2021 were as follows: Years Ended December 31, (Dollars in thousands) 2023 2022 2021 Fixed maturities: Gross realized gains $ 49 $ 688 $ 11,390 Gross realized losses ( 1,703 ) ( 40,298 ) ( 11,048 ) Net realized gains (losses) ( 1,654 ) ( 39,610 ) 342 Equity securities: Gross realized gains 1,061 2,289 15,350 Gross realized losses ( 1,514 ) ( 5,681 ) ( 1,910 ) Net realized gains (losses) ( 453 ) ( 3,392 ) 13,440 Derivatives: Gross realized gains — 12,844 8,035 Gross realized losses — ( 2,771 ) ( 5,930 ) Net realized gains (losses) (1) — 10,073 2,105 Total net realized investment gains (losses) $ ( 2,107 ) $ ( 32,929 ) $ 15,887 (1) Includes periodic net interest settlements related to the derivativ es of $ 3.0 million and $ 5.6 million for the years ended December 31, 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 December 31, 2023, 2022, and 2021: Years Ended December 31, (Dollars in thousands) 2023 2022 2021 Net gains (losses) recognized during the period on equity securities $ ( 453 ) $ ( 3,392 ) $ 13,440 Less: net gains (losses) recognized during the period on equity securities sold during the period ( 36 ) 10,577 4,058 Unrealized gains (losses) recognized during the reporting period on equity securities $ ( 417 ) $ ( 13,969 ) $ 9,382
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 investme nt gains (losses) for the years ended December 31, 2023, 2022, and 2021 were as follows: Years Ended December 31, (Dollars in thousands) 2023 2022 2021 Fixed maturities $ 148,164 $ 933,554 $ 1,065,398 Equity securities 1,158 88,726 54,691
Schedule of Investment Income	The sources of net investment income for the years ended December 31, 2023, 2022, and 2021 were as follows: Years Ended December 31, (Dollars in thousands) 2023 2022 2021 Fixed maturities $ 49,987 $ 33,852 $ 25,751 Equity securities 917 1,100 2,692 Cash and cash equivalents 1,593 790 363 Other invested assets 4,463 ( 5,966 ) 10,856 Total investment income 56,960 29,776 39,662 Investment expense ( 1,516 ) ( 2,149 ) ( 2,642 ) Net investment income $ 55,444 $ 27,627 $ 37,020
Schedule of Total Investment Return	The Company’s total investment return on a pre-tax basis for the years ended December 31, 2023, 2022, and 2021 were as follows: Years Ended December 31, (Dollars in thousands) 2023 2022 2021 Net investment income $ 55,444 $ 27,627 $ 37,020 Net realized investment gains (losses) ( 2,107 ) ( 32,929 ) 15,887 Change in unrealized holding gains (losses) 25,166 ( 61,627 ) ( 34,363 ) Net realized and unrealized investment returns 23,059 ( 94,556 ) ( 18,476 ) Total investment return $ 78,503 $ ( 66,929 ) $ 18,544 Total investment return % 5.7 % ( 4.7 %) 1.2 % Average investment portfolio (1) $ 1,366,553 $ 1,437,327 $ 1,490,933 (1) 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 December 31, 2023 and 2022: Estimated Fair Value (Dollars in thousands) December 31, 2023 December 31, 2022 On deposit with governmental authorities $ 19,262 $ 19,290 Held in trust pursuant to third-party requirements 150,796 161,901 Total (1) $ 170,058 $ 181,191 (1) Includes cash and cash equivalents of $ 9.0 million and $ 3.7 million at December 31, 2023 and December 31, 2022 , respectively, with the remainder related to bonds available for sale.

Derivative Instruments (Tables)

Derivative Instruments (Tables)	12 Months Ended
	Dec. 31, 2023
Derivative Instruments and Hedging Activities Disclosure [Abstract]
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 years ended December 31, 2023, 2022, and 2021: Consolidated Statements of Years Ended December 31, (Dollars in thousands) Operations Line 2023 2022 2021 Interest rate swap agreements Net realized investment gains (losses) $ — $ 10,073 $ 2,424 Futures contracts on bonds Net realized investment gains (losses) — — ( 319 ) $ — $ 10,073 $ 2,105

Fair Value Measurements (Tables

Fair Value Measurements (Tables)	12 Months Ended
	Dec. 31, 2023
Fair Value Disclosures [Abstract]
Company's Invested Assets Measured at Fair Value on Recurring Basis	The following table presents information about the Company’s invested assets measured at fair value on a recurring basis as of December 31, 2023 and 2022 and indicates the fair value hierarchy of the valuation techniques utilized by the Company to determine such fair value. As of December 31, 2023 Fair Value Measurements (Dollars in thousands) Level 1 Level 2 Level 3 Total Assets: Fixed maturities: U.S. treasuries $ 494,223 $ — $ — $ 494,223 Obligations of states and political subdivisions — 26,150 — 26,150 Mortgage-backed securities — 58,927 — 58,927 Commercial mortgage-backed securities — 79,080 — 79,080 Asset-backed securities — 202,952 — 202,952 Corporate bonds — 291,713 — 291,713 Foreign corporate bonds — 140,748 — 140,748 Total fixed maturities 494,223 799,570 — 1,293,793 Equity securities — 16,508 — 16,508 Total assets measured at fair value $ 494,223 $ 816,078 $ — $ 1,310,301 As of December 31, 2022 Fair Value Measurements (Dollars in thousands) Level 1 Level 2 Level 3 Total Assets: Fixed maturities: U.S. treasuries $ 344,103 $ — $ — $ 344,103 Obligations of states and political subdivisions — 31,595 — 31,595 Mortgage-backed securities — 61,156 960 62,116 Commercial mortgage-backed securities — 98,664 — 98,664 Asset-backed securities — 189,073 327 189,400 Corporate bonds — 336,767 2,013 338,780 Foreign corporate bonds — 183,540 — 183,540 Total fixed maturities 344,103 900,795 3,300 1,248,198 Equity securities — 16,249 1,271 17,520 Total assets measured at fair value $ 344,103 $ 917,044 $ 4,571 $ 1,265,718
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 years ended December 31, 2023, 2022, and 2021: Years Ended December 31, (Dollars in thousands) 2023 2022 2021 Beginning balance $ 4,571 $ 2,769 $ — Total gains (realized / unrealized): Included in accumulated other comprehensive income 30 ( 21 ) ( 35 ) Included in earnings attributable to realized gains / losses ( 290 ) ( 61 ) 60 Transfers into level 3 — 857 1,400 Transfers out of level 3 — — ( 1,815 ) Amortization of bond premium and discount, net 5 6 1 Purchases 332 2,304 3,286 Sales ( 4,648 ) ( 1,283 ) ( 128 ) Ending balance — 4,571 2,769 Gains (losses) included in earnings attributable to the change in unrealized gains (losses) related to assets still held at end of reporting period $ ( 155 ) $ 95 $ —
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 December 31, 2023 and 2022. December 31, 2023 December 31, 2022 (Dollars in thousands) Fair Value Future Funding Fair Value Future Funding European Non-Performing Loan Fund, LP (1) $ 4,048 $ 14,214 $ 4,832 $ 14,214 Mortgage Debt Fund, LP (2) 8,172 — 9,771 — Global Debt Fund, LP (3) 26,016 — 23,573 — Total $ 38,236 $ 14,214 $ 38,176 $ 14,214 (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 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. (3) This limited partnership invests in performing, stressed or distressed securities and loans across the global fixed income markets. The Company does have the contractual option to withdraw all or a portion of its limited partnership interest by providing notice to the fund.

Goodwill and Intangible Assets

Goodwill and Intangible Assets (Tables)	12 Months Ended
	Dec. 31, 2023
Goodwill and Intangible Assets Disclosure [Abstract]
Changes in Carrying Amount of Goodwill	The changes in the carrying amount of goodwill for the years ended December 31, 2023 and 2022 are as follows: (Dollars in thousands) Penn-America Non-Core Operations Total Balance as of January 1, 2022 $ 4,820 $ 578 $ 5,398 Impairment — ( 578 ) ( 578 ) Balance as of December 31, 2022 4,820 — 4,820 Impairment — — — Balance as of December 31, 2023 $ 4,820 $ — $ 4,820
Intangible assets	The following table presents details of the Company’s intangible assets as of December 31, 2023: (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 5,000 — — 5,000 Customer relationships 15 years 5,300 4,844 — 456 $ 19,300 $ 4,844 $ — $ 14,456 The following table presents details of the Company’s intangible assets as of December 31, 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 4,490 — 810 Agent relationships 10 years 900 649 251 — Tradenames 7 years 600 600 — — $ 25,800 $ 5,739 $ 5,251 $ 14,810
Expected Amortization Expense	The Company expects that amortization expense for the next five years will be as follows: (Dollars in thousands) 2024 $ 353 2025 103 2026 — 2027 — 2028 —

Allowance for Expected Credit_2

Allowance for Expected Credit Losses - Premium Receivables and Reinsurance Receivables (Tables)	12 Months Ended
	Dec. 31, 2023
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 years ended December 31, 2023 and 2022: Years Ended December 31, (Dollars in thousands) 2023 2022 Beginning balance $ 3,322 $ 2,996 Current period provision for expected credit losses 1,636 1,796 Write-offs ( 162 ) ( 1,470 ) Ending balance $ 4,796 $ 3,322

Reinsurance (Tables)

Reinsurance (Tables)	12 Months Ended
	Dec. 31, 2023
Insurance [Abstract]
Components of Reinsurance Balances	The Company had the following reinsurance balances as of December 31, 2023 and 2022: (Dollars in thousands) December 31, 2023 December 31, 2022 Reinsurance receivables, net $ 80,439 $ 85,721 Collateral securing reinsurance receivables ( 8,752 ) ( 8,937 ) Reinsurance receivables, net of collateral $ 71,687 $ 76,784 Allowance for expected credit losses $ 8,992 $ 8,992 Prepaid reinsurance premiums 4,958 17,421
Unsecured Reinsurance Receivable that Exceeded Three Percent of Shareholders' Equity	Unsecured reinsurance receivables include amounts receivable for paid and unpaid losses and loss adjustment expenses, less amounts secured by collateral. (Dollars in thousands) Reinsurance Receivables AM Best Ratings Munich Re America Corporation $ 41,213 A+
Effect of Reinsurance on Premiums Written and Earned	The effect of reinsurance on premiums written and earned is as follows: (Dollars in thousands) Written Earned For the year ended December 31, 2023: Direct business $ 350,748 $ 376,288 Reinsurance assumed 65,649 126,611 Reinsurance ceded ( 17,078 ) ( 29,542 ) Net premiums $ 399,319 $ 473,357 For the year ended December 31, 2022: Direct business $ 573,412 $ 589,131 Reinsurance assumed 154,191 135,896 Reinsurance ceded ( 136,272 ) ( 122,556 ) Net premiums $ 591,331 $ 602,471 For the year ended December 31, 2021: Direct business $ 584,467 $ 578,171 Reinsurance assumed 97,655 78,880 Reinsurance ceded ( 102,054 ) ( 61,441 ) Net premiums $ 580,068 $ 595,610

Income Taxes (Tables)

Income Taxes (Tables)	12 Months Ended
	Dec. 31, 2023
Income Tax Disclosure [Abstract]
Components of Income Tax Expense	The following table summarizes the components of income tax expense: Years Ended December 31, (Dollars in thousands) 2023 2022 2021 Current income tax expense: Foreign $ 14 $ 4 $ 54 U.S. Federal 2,207 422 — Total current income tax expense 2,221 426 54 Deferred income tax expense: U.S. Federal 5,326 2,395 3,395 Total deferred income tax expense 5,326 2,395 3,395 Total income tax expense $ 7,547 $ 2,821 $ 3,449
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: Years Ended December 31, 2023 2022 2021 (Dollars in thousands) Amount % of Pre- Amount % of Pre- Amount % of Pre- Expected tax provision at weighted average tax rate $ 6,925 21.0 % $ 414 21.0 % $ 6,889 21.0 % Adjustments: Non-deductible executive compensation 1,753 5.3 — — — — Dividend exclusion ( 76 ) ( 0.2 ) ( 89 ) ( 4.5 ) ( 78 ) ( 0.2 ) Change in tax status — — 700 35.5 — — Parent income treated as partnership for tax ( 1,260 ) ( 3.8 ) 2,156 109.4 ( 4,057 ) ( 12.4 ) Other 205 0.6 ( 360 ) ( 18.3 ) 695 2.1 Effective income tax expense $ 7,547 22.9 % $ 2,821 143.1 % $ 3,449 10.5 %
Tax Effects of Temporary Differences That Give Rise to Significant Portions of Net Deferred Tax Assets	The tax effects of temporary differences that give rise to significant portions of the net deferred tax assets at December 31, 2023 and 2022 are presented below: (Dollars in thousands) 2023 2022 Deferred tax assets: Discounted unpaid losses and loss adjustment expenses $ 9,668 $ 9,522 Unearned premiums 7,472 10,581 Net operating loss carryforward 16,540 24,454 Partnership K1 basis differences 753 1,234 Capital loss carryforwards 4,241 2,338 Investment impairments 337 124 Stock options 416 1,465 Stat-to-GAAP reinsurance reserve 1,668 1,668 Unrealized loss on securities available-for-sale 5,583 10,568 Depreciation and amortization 1,368 1,211 Software 1,260 — Other 998 1,353 Total deferred tax assets 50,304 64,518 Deferred tax liabilities: Intangible assets 3,036 3,146 Deferred acquisition costs 8,914 13,628 Other 1,552 645 Total deferred tax liabilities 13,502 17,419 Total net deferred tax assets $ 36,802 $ 47,099

Liability for Unpaid Losses a_2

Liability for Unpaid Losses and Loss Adjustment Expenses (Tables)	12 Months Ended
	Dec. 31, 2023
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: Years Ended December 31, (Dollars in thousands) 2023 2022 2021 Balance at beginning of period $ 832,404 $ 759,904 $ 662,811 Less: Ceded reinsurance receivables 73,021 94,443 82,158 Net balance at beginning of period 759,383 665,461 580,653 Incurred losses and loss adjustment expenses related to: Current year 279,609 367,298 376,306 Prior years 9,544 ( 8,070 ) 8,658 Total incurred losses and loss adjustment expenses 289,153 359,228 384,964 Paid losses and loss adjustment expenses related to: Current year 72,717 103,442 149,092 Prior years 198,049 161,864 151,064 Total paid losses and loss adjustment expenses 270,766 265,306 300,156 Net balance at end of period 777,770 759,383 665,461 Plus: Ceded reinsurance receivables 72,829 73,021 94,443 Balance at end of period $ 850,599 $ 832,404 $ 759,904
Gross Reserves for Asbestos and Environmental Losses	The following table shows the Company’s gross reserves for A&E losses: Years Ended December 31, (Dollars in thousands) 2023 2022 2021 Gross reserve for A&E losses and loss adjustment expenses – beginning of period $ 37,142 $ 39,153 $ 47,593 Plus: Change in incurred losses and loss adjustment expenses 1,419 2,658 ( 7,500 ) Less: Payments 1,730 4,669 940 Gross reserves for A&E losses and loss adjustment expenses – end of period $ 36,831 $ 37,142 $ 39,153
Net Reserves for Asbestos and Environmental Losses	The following table shows the Company’s net reserves for A&E losses: Years Ended December 31, (Dollars in thousands) 2023 2022 2021 Net reserve for A&E losses and loss adjustment expenses – beginning of period $ 21,647 $ 21,985 $ 28,679 Plus: Change in incurred losses and loss adjustment expenses ( 1 ) 1,962 ( 6,500 ) Less: Payments 539 2,300 194 Net reserves for A&E losses and loss adjustment expenses – end of period $ 21,107 $ 21,647 $ 21,985
Incurred Claims Development	Penn-America – Property (Dollars in thousands) Incurred Claims and Allocated Claims Adjustment Expenses, For the Years Ended December 31, As of December 31, 2023 Accident 2021 2022 2023 IBNR (1) Cumulative Number (unaudited) (unaudited) 2021 $ 81,703 $ 80,477 $ 79,278 $ 2,476 3,599 2022 80,485 81,232 6,979 3,040 2023 72,862 12,067 2,339 Total $ 233,372 (1) Incurred-but-not-reported liabilities plus expected development on reported claims Penn-America – Casualty (Dollars in thousands) Incurred Claims and Allocated Claim Adjustment Expenses, Net of Reinsurance For the Years Ended December 31, As of December 31, 2023 Accident 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 IBNR (1) Cumulative (unaudited) (unaudited) (unaudited) (unaudited) (unaudited) (unaudited) (unaudited) (unaudited) (unaudited) 2014 $ 43,587 $ 42,841 $ 41,817 $ 41,530 $ 41,038 $ 39,516 $ 37,336 $ 37,034 $ 35,944 $ 35,632 $ 747 1,744 2015 47,299 46,306 47,055 46,958 48,462 45,968 45,439 45,254 43,764 1,389 1,774 2016 45,684 45,230 44,758 43,055 42,798 42,237 42,291 42,166 1,505 1,630 2017 46,050 45,970 44,720 44,078 45,071 45,581 45,212 2,031 1,645 2018 48,830 48,450 47,783 47,175 47,726 47,721 2,812 1,993 2019 59,512 59,384 61,055 63,139 69,013 6,184 2,315 2020 72,149 71,693 75,412 86,132 12,837 2,429 2021 96,705 96,268 108,042 33,181 2,998 2022 123,985 129,796 72,604 2,947 2023 122,770 100,176 1,564 Total $ 730,248 (1) Incurred-but-not-reported liabilities plus expected development on reported claims Non-Core Operations – Property (Dollars in thousands) Incurred Claims and Allocated Claims Adjustment Expenses, For the Years Ended December 31, As of December 31, 2023 Accident 2020 2021 2022 2023 IBNR (1) Cumulative Number (unaudited) (unaudited) (unaudited) 2020 $ 161,353 $ 164,648 $ 166,076 $ 160,082 $ 4,502 — 2021 111,042 108,443 109,047 4,530 — 2022 44,668 47,558 1,689 — 2023 10,105 1,882 — Total $ 326,792 (1) Incurred-but-not-reported liabilities plus expected development on reported claims Non-Core Operations – Casualty (Dollars in thousands) Incurred Claims and Allocated Claims Adjustment Expenses, Net of Reinsurance For the Years Ended December 31, As of December 31, 2023 Accident 2015 2016 2017 2018 2019 2020 2021 2022 2023 IBNR (1) Cumulative (unaudited) (unaudited) (unaudited) (unaudited) (unaudited) (unaudited) (unaudited) (unaudited) 2015 $ 31,802 $ 33,731 $ 35,350 $ 36,534 $ 35,081 $ 32,297 $ 30,885 $ 29,905 $ 29,820 $ 585 — 2016 33,548 33,246 32,042 29,685 30,308 30,047 26,130 29,460 1,374 — 2017 32,645 32,097 31,138 32,040 31,077 31,260 26,168 1,947 — 2018 29,798 30,168 31,126 34,749 35,067 34,131 2,701 — 2019 36,892 36,933 40,469 41,398 37,619 9,286 — 2020 55,088 56,041 57,890 53,765 19,119 — 2021 76,971 79,396 81,538 43,560 2022 109,182 114,189 83,462 — 2023 66,102 58,333 — Total $ 472,792 Incurred-but-not-reported liabilities plus expected development on reported claims
Cumulative Paid Claims Development	Penn-America – Property (Dollars in thousands) Cumulative Paid Claims and Allocated Claims Adjustment Expenses, For the Years Ended December 31, Accident 2021 2022 2023 (unaudited) (unaudited) 2021 $ 49,041 $ 72,804 $ 74,982 2022 48,646 71,530 2023 50,543 Total 197,055 All outstanding liabilities before 2021, net of reinsurance 4,560 Liabilities for unpaid losses and loss adjustment expenses, net of reinsurance $ 40,877 Penn-America – Casualty (Dollars in thousands) Cumulative Paid Claims and Allocated Claims Adjustment Expenses, Net of Reinsurance For the Years Ended December 31, Accident 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 (unaudited) (unaudited) (unaudited) (unaudited) (unaudited) (unaudited) (unaudited) (unaudited) (unaudited) 2014 $ 2,103 $ 10,583 $ 17,457 $ 24,113 $ 29,152 $ 31,725 $ 33,669 $ 34,020 $ 34,255 $ 34,639 2015 2,903 11,999 20,459 28,579 34,932 37,850 39,078 40,596 41,655 2016 3,478 11,130 17,314 28,601 33,734 36,472 38,597 39,466 2017 4,412 10,286 19,818 26,834 31,766 36,672 39,833 2018 3,575 11,622 17,714 27,571 34,019 41,133 2019 4,818 12,015 24,082 38,153 51,672 2020 3,795 14,672 33,882 55,914 2021 5,639 20,405 44,663 2022 10,346 29,358 2023 7,378 Total 385,711 All outstanding liabilities before 2014, net of reinsurance 6,948 Liabilities for unpaid losses and loss adjustment expenses, net of reinsurance $ 351,485 Non-Core Operations – Property (Dollars in thousands) Cumulative Paid Claims and Allocated Claims Adjustment Expenses, For the Years Ended December 31, Accident 2020 2021 2022 2023 (unaudited) (unaudited) (unaudited) 2020 $ 125,136 $ 148,167 $ 153,421 $ 155,690 2021 84,333 100,865 102,420 2022 35,635 43,468 2023 7,802 Total 309,380 All outstanding liabilities before 2020, net of reinsurance 34,927 Liabilities for unpaid losses and loss adjustment expenses, net of reinsurance $ 52,339 Non-Core Operations – Casualty (Dollars in thousands) Cumulative Paid Claims and Allocated Claims Adjustment Expenses, Net of Reinsurance For the Years Ended December 31, Accident 2015 2016 2017 2018 2019 2020 2021 2022 2023 (unaudited) (unaudited) (unaudited) (unaudited) (unaudited) (unaudited) (unaudited) (unaudited) 2015 $ 3,979 $ 11,470 $ 17,615 $ 23,354 $ 26,144 $ 27,005 $ 28,231 $ 28,379 $ 28,445 2016 4,164 9,782 14,495 18,196 19,383 22,005 23,539 25,791 2017 2,633 7,230 11,915 18,263 20,183 21,912 22,904 2018 2,063 6,769 13,320 19,773 23,041 25,403 2019 2,406 7,814 15,271 21,877 25,553 2020 3,346 12,074 18,816 27,235 2021 4,820 11,121 23,355 2022 4,517 14,607 2023 4,000 Total 197,293 All outstanding liabilities before 2015, net of reinsurance 32,413 Liabilities for unpaid losses and loss adjustment expenses, net of reinsurance $ 307,912
Supplementary Information about Average Historical Claims	The following is required supplementary information about average historical claims duration as of December 31, 2023: Average Annual Percentage Payout of Incurred Claims by Age, Year 1 2 3 Penn-America - Property 63.7 % 29.1 % 2.7 % The following is required supplementary information about average historical claims duration as of December 31, 2023: Average Annual Percentage Payout of Incurred Claims by Age, Year 1 2 3 4 5 6 7 8 9 10 Penn-America - Casualty 6.9 % 16.0 % 18.7 % 20.9 % 14.1 % 9.2 % 5.1 % 2.2 % 1.5 % 1.1 % The following is required supplementary information about average historical claims duration as of December 31, 2023. Average Annual Percentage Payout of Incurred Claims by Age, Year 1 2 3 4 Non-Core Operations - Property 76.9 % 15.3 % 2.4 % 1.4 % The following is required supplementary information about average historical claims duration as of December 31, 2023: Average Annual Percentage Payout of Incurred Claims Year 1 2 3 4 5 6 7 8 9 Non-Core Operations - Casualty 8.0 % 15.3 % 17.3 % 18.0 % 8.0 % 6.3 % 4.4 % 4.1 % 0.2 %
Reconciliation of Net Incurred and Paid Claims Development Tables to Liability for Unpaid Losses and Loss Adjustment Expenses in Consolidated Balance Sheets	The reconciliation of the net incurred and paid claims development tables to the liability for unpaid losses and loss adjustment expenses in the consolidated balance sheets as of December 31, 2023 is as follows: Net outstanding liabilities Penn-America – Property $ 40,877 Penn-America – Casualty 351,485 Non-Core Operations – Property 52,339 Non-Core Operations – Casualty 307,912 Liabilities for unpaid losses and loss adjustment expenses, net of reinsurance 752,613 Reinsurance recoverable on unpaid claims Penn-America – Property 3,592 Penn-America – Casualty 22,693 Non-Core Operations – Property 22,100 Non-Core Operations – Casualty 24,446 Total reinsurance recoverable on unpaid claims 72,831 Other outstanding liabilities Penn-America Ceded Allowance — Unallocated claims adjustment expenses 11,654 Loss Clearing ( 881 ) Non-Core Operations Ceded Allowance 8,992 Unallocated claims adjustment expenses 7,016 Other ( 1,626 ) Total other outstanding liabilities 25,155 Total gross liability for unpaid losses and loss adjustment expenses $ 850,599

Leases (Tables)

Leases (Tables)	12 Months Ended
	Dec. 31, 2023
Leases [Abstract]
Schedule of Impairments Losses Recognized on Leases	impairment losses: Years Ended December 31, (Dollars in thousands) Consolidated Statements of Operations Line 2023 2022 2021 Scottsdale, Arizona Corporate and other operating expenses $ — $ — $ 1,515 Scottsdale, Arizona Acquisition costs and other underwriting expenses — 681 — Omaha, Nebraska Acquisition costs and other underwriting expenses — 488 — Cavan, Ireland Acquisition costs and other underwriting expenses — 168 — Total lease impairment $ — $ 1,337 $ 1,515 Please see Note 2 for additional information on the sale of the renewal rights.
Components of Lease Expense	The components of lease expenses were as follows: Years Ended December 31, (Dollars in thousands) 2023 2022 2021 Operating lease expenses $ 2,052 $ 2,372 $ 2,789 Short-term lease expenses 12 15 8 Sublease income (1) ( 331 ) ( 331 ) ( 55 ) Total lease expenses $ 1,733 $ 2,056 $ 2,742
Schedule of Supplemental Cash Flow Information Related to Leases	Supplemental cash flow information related to leases was as follows: Years Ended December 31, (Dollars in thousands) 2023 2022 2021 Cash paid for amounts included in the measurement of liabilities: Operating leases $ 1,852 $ 2,056 $ 2,797 Right-of-use assets obtained in exchange for new lease obligations: Operating leases $ — $ — $ 783
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. December 31, (Dollars in thousands) Classification on the 2023 2022 Assets: Operating lease assets Lease right of use assets $ 9,715 $ 11,739 Liabilities: Operating lease liabilities Lease liabilities $ 12,733 $ 15,701 Weighted-average remaining lease term Operating leases 5.0 years 6.6 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 December 31, 2023, future minimum lease payments under non-cancelable operating leases were as follows. (Dollars in thousands) Operating Leases (1) Expected Sublease Income 2024 $ 2,729 $ 297 2025 2,794 388 2026 2,650 342 2027 1,591 — 2028 1,611 — Thereafter 1,631 — Total future minimum lease payments 13,006 1,027 Less: amount representing interest 273 — Present value of minimum lease payments $ 12,733 $ 1,027 (1) Includes future minimum lease payments of $ 3.2 million on leases that have been impaired because the property is no longer in use.

Shareholders' Equity (Tables)

Shareholders' Equity (Tables)	12 Months Ended
	Dec. 31, 2023
Equity [Abstract]
Schedule of Dividends & Distributions Declared	Distribution payments of $ 0.25 per common share per quarter were declared during the year ended December 31, 2023 as follows: Approval Date Record Date Payment Date Total Distributions Declared March 2, 2023 March 24, 2023 March 31, 2023 $ 3,410 June 1, 2023 June 23, 2023 June 30, 2023 3,375 September 28, 2023 October 9, 2023 October 16, 2023 3,385 December 7, 2023 December 22, 2023 December 29, 2023 3,385 Various (1) Various Various ( 86 ) Total $ 13,469 (1) Represents distributions declared on unvested shares, net of forfeitures Distribution payments of $ 0.25 per common share per quarter were declared during the year ended December 31, 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 December 8, 2022 December 23, 2022 December 30, 2022 3,389 Various (1) Various Various 339 Total $ 14,543 (1) Represents distributions declared on unvested shares, net of forfeitures Distribution payments of $ 0.25 per common share per quarter were declared during the year ended December 31, 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 December 4, 2021 December 20, 2021 December 31, 2021 3,587 Various (1) Various Various 259 Total $ 14,578 (1) Represents distributions declared on unvested shares, net of forfeitures
Information with Respect to Class A Common Shares that were Surrendered, Repurchased or Redeemed	The following table provides information with respect to the class A common shares that were surrendered, repurchased, or redeemed in 2023: Period (1) Total Number Average Total Number of Shares Approximate Dollar (2) Class A common shares: January 1-31, 2023 3,302 (3) $ 23.31 — — January 1-31, 2023 250,000 (4) $ 25.90 250,000 $ 106,604,066 April 1-30, 2023 200,000 (4) $ 28.00 200,000 $ 101,004,066 June 1-30, 2023 15,558 (3) $ 33.74 — $ 101,004,066 Total 468,860 $ 27.04 450,000 (1) Based on settlement date. (2) Based on the $ 135 million share repurchase authorization. (3) Surrendered by employees as payment of taxes withheld on the vesting of restricted stock and/or restricted stock units. (4) Purchased as part of the stock repurchase program which commenced in 4th quarter of 2022. The following table provides information with respect to the class A common shares that were surrendered, repurchased, or redeemed in 2022: Period (1) Total Number Average Total Number of Shares Approximate Dollar (2) Class A common shares: January 1-31, 2022 4,781 (3) $ 25.13 — — June 1-30, 2022 11,173 (3) $ 26.28 — — October 1-31, 2022 200,000 (4) $ 23.49 200,000 27,302,000 November 1-30, 2022 250,000 (4) $ 24.50 250,000 21,177,000 December 1-31, 2022 457,082 (4) $ 24.28 457,082 10,079,066 Total 923,036 $ 24.20 907,082 (1) Based on settlement date. (2) Based on the $ 32 million share repurchase authorization. (3) Surrendered by employees as payment of taxes withheld on the vesting of restricted stock and/or restricted stock units. (4) Purchased as part of the stock repurchase program which commenced in 4th quarter of 2022.

Share-Based Compensation Plans

Share-Based Compensation Plans (Tables)	12 Months Ended
	Dec. 31, 2023
Disclosure Of Compensation Related Costs Sharebased Payments [Line Items]
Summary of Award Activity for Stock Options Granted and Weighted Average Exercise Price Per Share	Award activity for stock options granted under the Plan and the weighted average exercise price per share are summarized as follows: Time-Based Performance- Total Weighted Options outstanding at January 1, 2021 900,000 100,000 1,000,000 40.04 Options issued — 140,000 140,000 28.70 Options forfeited ( 300,000 ) ( 146,667 ) ( 446,667 ) 47.06 Options exercised — — — — Options expired — — — — Options purchased by the Company — — — — Options outstanding at December 31, 2021 600,000 93,333 693,333 33.23 Options issued 200,000 — 200,000 20.77 Options forfeited — ( 46,666 ) ( 46,666 ) 28.70 Options exercised — — — — Options expired — — — — Options purchased by the Company — — — — Options outstanding at December 31, 2022 800,000 46,667 846,667 30.54 Options issued — — — — Options forfeited ( 600,000 ) ( 46,667 ) ( 646,667 ) 33.56 Options exercised — — — — Options expired — — — — Options purchased by the Company — — — — Options outstanding at December 31, 2023 (1) 200,000 — 200,000 $ 20.77 Options exercisable at December 31, 2023 (1) 200,000 — 200,000 $ 20.77
Option Intrinsic values	Option intrinsic values, which are the differences between the fair value of $ 32.24 at December 31, 2023 and the weighted average strike price of the option, are as follows: Number Weighted Average Strike Price Intrinsic Value Outstanding 200,000 20.77 $ 2.3 Million Exercisable 200,000 20.77 $ 2.3 Million Exercised (1) — — — (1) The intrinsic value of the exercised options is the difference between the fair market value at time of exercise and the strike price of the option.
Significant Assumptions Used to Estimate Fair Value of Stock Options Granted Using Black Scholes Option Pricing Model	The weighted average fair value of options granted under the Plan was $ 2.98 in 2022 and $ 6.95 in 2021 using a Black-Scholes option-pricing model and the following weighted average assumptions. 2022 2021 Dividend yield 2.0 % 2.0 % Expected volatility 22.56 % 38.64 % Risk-free interest rate 4.49 % 0.2 % Expected option life 2.0 years 3.5 years
Summary of Range of Exercise Prices of Options Outstanding	The following tables summarize the range of exercise prices of options outstanding at December 31, 2023, 2022, and 2021: Ranges of Outstanding at December 31, 2023 Weighted Average Per Weighted Average $ 20.00 - $ 24.99 200,000 $ 20.77 5.8 years Total 200,000 Ranges of Outstanding at December 31, 2022 Weighted Average Per Weighted Average $ 15.00 - $ 19.99 300,000 $ 17.87 0.0 years $ 20.00 - $ 24.99 200,000 $ 20.77 6.8 years $ 25.00 - $ 39.99 46,667 $ 28.70 8.1 years $ 50.00 - $ 59.99 300,000 $ 50.00 5.0 years Total 846,667 Ranges of Outstanding at December 31, 2021 Weighted Average Per Weighted Average $ 15.00 - $ 19.99 300,000 $ 17.87 0.0 years $ 25.00 - $ 39.99 93,333 $ 28.70 9.0 years $ 50.00 - $ 59.99 300,000 $ 50.00 6.0 years Total 693,333
Summary of Restricted Stock Awards Since Inception	The following table summarizes the restricted stock grants since the 2003 inception of the original share incentive plan: Restricted Stock Awards Year Employees Directors Total Inception through 2020 1,171,576 747,601 1,919,177 2021 — 83,199 83,199 2022 — 97,260 97,260 2023 — 91,088 91,088 1,171,576 1,019,148 2,190,724
Summary of Non-Vested Restricted Shares/Units Activity	The following table summarizes the non-vested restricted shares activity for the years ended December 31, 2023, 2022, and 2021: Number of Weighted Non-vested Restricted Shares at January 1, 2021 35,403 38.45 Shares issued 83,199 27.24 Shares vested ( 101,048 ) 29.59 Shares forfeited ( 2,915 ) 36.58 Non-vested Restricted Shares at December 31, 2021 14,639 36.23 Shares issued 97,260 25.08 Shares vested ( 100,975 ) 25.49 Shares forfeited ( 10,924 ) 36.23 Non-vested Restricted Shares at December 31, 2022 — — Shares issued 91,088 29.83 Shares vested ( 91,088 ) 29.83 Shares forfeited — — Non-vested Restricted Shares at December 31, 2023 — $ —
Restricted Stock Units
Disclosure Of Compensation Related Costs Sharebased Payments [Line Items]
Summary of Restricted Stock Awards Since Inception	The following table summarizes the restricted stock unit grants since the 2003 inception of the original share incentive plan: Restricted Stock Unit Awards Year Employees Directors Total Inception through 2020 336,736 41,667 378,403 2021 — — — 2022 — — — 2023 — — — 336,736 41,667 378,403
Summary of Non-Vested Restricted Shares/Units Activity	The following table summarizes the non-vested restricted stock units activity for the years ended December 31, 2023, 2022, and 2021: Number Weighted Average Price Per Restricted Stock Unit Non-vested Restricted Stock Units at January 1, 2021 315,026 $ 30.26 Restricted Stock Units issued — — Restricted Stock Units vested ( 44,245 ) 30.08 Restricted Stock Units forfeited ( 43,425 ) 30.06 Non-vested Restricted Stock Units at December 31, 2021 227,356 $ 30.33 Restricted Stock Units issued — — Restricted Stock Units vested ( 47,633 ) 30.35 Restricted Stock Units forfeited ( 51,885 ) 29.82 Non-vested Restricted Stock Units at December 31, 2022 127,838 $ 30.53 Restricted Stock Units issued — — Restricted Stock Units vested ( 61,652 ) 30.43 Restricted Stock Units forfeited ( 14,893 ) 30.18 Non-vested Restricted Stock Units at December 31, 2023 51,293 $ 30.75

Earnings Per Share (Tables)

Earnings Per Share (Tables)	12 Months Ended
	Dec. 31, 2023
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: Years Ended December 31, (Dollars in thousands, except share and per share data) 2023 2022 2021 Numerator: Net income (loss) $ 25,429 $ ( 850 ) $ 29,354 Less: preferred stock distributions 440 440 440 Net income (loss) available to common shareholders $ 24,989 $ ( 1,290 ) $ 28,914 Denominator: Weighted average shares for basic earnings per share 13,553,168 14,482,164 14,426,739 Non-vested restricted stock — — 11,016 Non-vested restricted stock units 49,616 — 120,936 Options 63,624 — 105,639 Weighted average shares for diluted earnings per share (1) 13,666,408 14,482,164 14,664,330 Earnings per share - Basic $ 1.84 $ ( 0.09 ) $ 2.00 Earnings per share - Diluted $ 1.83 $ ( 0.09 ) $ 1.97 (1) For the year ended December 31, 2022, “weighted average shares outstanding – basic” was used to calculate “diluted earnings per share” due to a net loss for the period.

Statutory Financial Informati_2

Statutory Financial Information (Tables)	12 Months Ended
	Dec. 31, 2023
Information for United States Insurance Companies & Global Indemnity Reinsurance, Net of Intercompany Eliminations, as Determined in Accordance With SAP and Bermuda	The following is selected information for the Company’s insurance companies, net of intercompany eliminations, where applicable, as determined in accordance with SAP: Years Ended December 31, (Dollars in thousands) 2023 2022 2021 Statutory capital and surplus, as of end of period $ 402,838 $ 367,275 $ 359,471 Statutory net income 60,976 23,044 29,696

Segment Information (Tables)

Segment Information (Tables)	12 Months Ended
	Dec. 31, 2023
Segment Reporting [Abstract]
Summary of Business Segment Information	The following are tabulations of business segment information for the years ended December 31, 2023, 2022, and 2021. Corporate information is included to reconcile segment data to the consolidated financial statements. 2023: Penn- Non-Core Operations Total Revenues: Gross written premiums $ 369,660 $ 46,737 $ 416,397 Net written premiums $ 356,796 $ 42,523 $ 399,319 Net earned premiums $ 354,518 $ 118,839 $ 473,357 Other income 1,257 178 1,435 Total revenues 355,775 119,017 474,792 Losses and Expenses: Net losses and loss adjustment expenses 233,239 55,914 289,153 Acquisition costs and other underwriting expenses 134,155 48,462 182,617 Income (loss) from segments $ ( 11,619 ) $ 14,641 3,022 Unallocated Items: Net investment income 55,444 Net realized investment losses ( 2,107 ) Corporate and other operating expenses ( 23,383 ) Income before income taxes 32,976 Income tax expense ( 7,547 ) Net income $ 25,429 Segment assets $ 982,083 $ 603,433 $ 1,585,516 Corporate assets 144,060 Total assets $ 1,729,576 2022: Penn- Non-Core Operations Total Revenues: Gross written premiums $ 387,967 $ 339,636 $ 727,603 Net written premiums $ 370,306 $ 221,025 $ 591,331 Net earned premiums $ 359,597 $ 242,874 $ 602,471 Other income 1,029 433 1,462 Total revenues 360,626 243,307 603,933 Losses and Expenses: Net losses and loss adjustment expenses 214,854 144,374 359,228 Acquisition costs and other underwriting expenses 135,145 101,236 236,381 Income (loss) from segments $ 10,627 $ ( 2,303 ) 8,324 Unallocated Items: Net investment income 27,627 Net realized investment losses ( 32,929 ) Other income 29,903 Corporate and other operating expenses ( 24,421 ) Interest expense ( 3,004 ) Loss on extinguishment of debt ( 3,529 ) Income before income taxes 1,971 Income tax expense ( 2,821 ) Net loss $ ( 850 ) Segment assets $ 937,919 $ 824,256 $ 1,762,175 Corporate assets 38,600 Total assets $ 1,800,775 2021: Penn- Non-Core Operations Total Revenues: Gross written premiums $ 349,962 $ 332,160 $ 682,122 Net written premiums $ 328,659 $ 251,409 $ 580,068 Net earned premiums $ 308,676 $ 286,934 $ 595,610 Other income 1,028 787 1,815 Total revenues 309,704 287,721 597,425 Losses and Expenses: Net losses and loss adjustment expenses 184,163 200,801 384,964 Acquisition costs and other underwriting expenses 113,038 109,803 222,841 Income (loss) from segments $ 12,503 $ ( 22,883 ) ( 10,380 ) Unallocated Items: Net investment income 37,020 Net realized investment gains 15,887 Other income 27,936 Corporate and other operating expenses ( 27,179 ) Interest expense ( 10,481 ) Income before income taxes 32,803 Income tax expense ( 3,449 ) Net income $ 29,354 Segment assets $ 837,108 $ 920,734 $ 1,757,842 Corporate assets 254,967 Total assets $ 2,012,809

Supplemental Cash Flow Inform_2

Supplemental Cash Flow Information (Tables)	12 Months Ended
	Dec. 31, 2023
Supplemental Cash Flow Information [Abstract]
Net Federal Income Taxes and Cash Interest Paid	The Company paid the following net federal income taxes and interest for 2023, 2022, and 2021: Years Ended December 31, (Dollars in thousands) 2023 2022 2021 Federal income taxes paid $ 613 $ 426 $ 54 Interest paid — 5,125 10,340

Principles of Consolidation a_3

Principles of Consolidation and Basis of Presentation - Additional Information (Detail) - Segment	3 Months Ended	12 Months Ended	15 Months Ended
	Dec. 31, 2023	Dec. 31, 2023	Dec. 31, 2023
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	2		2

Sale of Renewal Rights - Additi

Sale of Renewal Rights - Additional Information (Detail) - USD ($)					12 Months Ended
		Aug. 08, 2022	Nov. 30, 2021	Oct. 26, 2021	Dec. 31, 2023	Dec. 31, 2022	Dec. 31, 2021
Income Statement Balance Sheet And Additional Disclosures By Disposal Groups Including Discontinued Operations [Line Items]
Unearned premiums					$ 182,852,000	$ 269,353,000
Payments of sublease expected amount	[1]				331,000	331,000	$ 55,000
Impairment of goodwill					0	578,000
Impairment loss on software					0	508,000	2,000,000
Impairment of lease cost					$ 0	1,337,000	1,515,000
American Reliable | Everett Cash Mutual Insurance
Income Statement Balance Sheet And Additional Disclosures By Disposal Groups Including Discontinued Operations [Line Items]
Acquisition amount						10,000,000
Renewal Rights Related to Manufactured and Dwelling Homes Business
Income Statement Balance Sheet And Additional Disclosures By Disposal Groups Including Discontinued Operations [Line Items]
Gross proceeds from Sale of Renewal Rights				$ 28,000,000
Net capital amount received				65,000,000
Unearned premiums			$ 33,800,000	$ 42,000,000
Percentage of risk assumed for policies under renewal rights agreement			100%	100%
Impairment of intangible assets							200,000
Ceding commission percentage			40%
Claims administration fee			4%
Renewal Rights Related to Manufactured and Dwelling Homes Business | Other Income
Income Statement Balance Sheet And Additional Disclosures By Disposal Groups Including Discontinued Operations [Line Items]
Gross proceeds from Sale of Renewal Rights							28,000,000
Renewal Rights Related to Manufactured and Dwelling Homes Business | Corporate and Other Operating Expenses
Income Statement Balance Sheet And Additional Disclosures By Disposal Groups Including Discontinued Operations [Line Items]
Impairment of goodwill							1,100,000
Impairment loss on software							2,000,000
Impairment of lease cost						600,000	1,500,000
Legal expenses and merger and acquisition fees							$ 2,400,000
Renewal Rights Related to Manufactured and Dwelling Homes Business | Early Termination Clause
Income Statement Balance Sheet And Additional Disclosures By Disposal Groups Including Discontinued Operations [Line Items]
Payments of sublease expected amount				$ 1,600,000
Renewal Rights Related to Farm Ranch and Stable Business
Income Statement Balance Sheet And Additional Disclosures By Disposal Groups Including Discontinued Operations [Line Items]
Impairment of intangible assets						$ 5,100,000
Impairment, Intangible Assets, Statement of Income or Comprehensive Income [Extensible Enumeration]						Corporate and other operating expenses
Renewal Rights Related to Farm Ranch and Stable Business | Other Income
Income Statement Balance Sheet And Additional Disclosures By Disposal Groups Including Discontinued Operations [Line Items]
Gross proceeds from Sale of Renewal Rights		$ 30,000,000				$ 30,000,000
Renewal Rights Related to Farm Ranch and Stable Business | Corporate and Other Operating Expenses
Income Statement Balance Sheet And Additional Disclosures By Disposal Groups Including Discontinued Operations [Line Items]
Impairment of goodwill						600,000
Impairment loss on software						500,000
Impairment of lease cost						500,000
Legal expenses and merger and acquisition fees						$ 2,500,000
[1] In connection with the sale of the renewal rights related to the Company's manufactured and dwelling homes business, K2 is subleasing approximately one third of the Company's Scottsdale, Arizona office. The Company intends to exercise its early termination clause in the Scottsdale, Arizona lease and expects to receive $ 1.6 million in sublease payments between October 2021 through October 2026.

Summary of Impairments and Expe

Summary of Impairments and Expense Related to Sale of Consolidated Statements of Operations (Detail) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2023	Dec. 31, 2022	Dec. 31, 2021
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]
Acquisition costs and other underwriting expenses	$ 182,617	$ 236,381	$ 222,841
Corporate and other operating expenses	23,383	24,421	27,179
Renewal Rights Related to Manufactured and Dwelling Homes Business
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]
Acquisition costs and other underwriting expenses	0	644	0
Corporate and other operating expenses	0	0	7,202
Total impairments and expenses related to sale	0	644	7,202
Renewal Rights Related to Farm Ranch and Stable Business
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]
Acquisition costs and other underwriting expenses	0	1,034	0
Corporate and other operating expenses	0	8,142	0
Total impairments and expenses related to sale	$ 0	$ 9,176	$ 0

Restructuring - Additional Info

Restructuring - Additional Information (Detail) - USD ($) $ in Millions	12 Months Ended		15 Months Ended
	Dec. 31, 2023	Dec. 31, 2022	Dec. 31, 2023
Restructuring Cost and Reserve [Line Items]
Restructuring, description	The Company restructured its insurance operations to strengthen its market presence and enhance its focus on GBLI’s core products. As a result, the Company exited its four brokerage divisions: Professional Liability, Excess Casualty, Environmental, and Middle Market Property. The Company ceased writing new business and non-renewed existing policies for these four divisions. The restructuring plan, which was initiated in the fourth quarter of 2022, was completed in the first quarter of 2023.
Restructuring, initiation date	Dec. 31, 2022
Restructuring, completion date	Mar. 31, 2023
Restructuring cost	$ 2	$ 3.4	$ 5.4

Restructuring - Summary of Char

Restructuring - Summary of Charges Incurred by Expense Type and Remaining Liability (Details) - USD ($) $ in Thousands		12 Months Ended
		Dec. 31, 2023	Dec. 31, 2022
Restructuring Cost and Reserve [Line Items]
Non-cash asset charges			$ (812)
Cash payments		$ (4,554)
Liability		78	2,635
Corporate and Other Operating Expenses
Restructuring Cost and Reserve [Line Items]
Charges incurred		1,997	2,635
Acquisition Costs and Other Underwriting Expenses
Restructuring Cost and Reserve [Line Items]
Charges incurred	[1]		812
Employee Severance [Member]
Restructuring Cost and Reserve [Line Items]
Non-cash asset charges			0
Cash payments		(4,554)
Liability		78	2,635
Employee Severance [Member] | Corporate and Other Operating Expenses
Restructuring Cost and Reserve [Line Items]
Charges incurred		1,997	2,635
Employee Severance [Member] | Acquisition Costs and Other Underwriting Expenses
Restructuring Cost and Reserve [Line Items]
Charges incurred	[1]		0
Lease Right of Use Asset Impairment [Member]
Restructuring Cost and Reserve [Line Items]
Non-cash asset charges			(812)
Cash payments		0
Liability		0	0
Lease Right of Use Asset Impairment [Member] | Corporate and Other Operating Expenses
Restructuring Cost and Reserve [Line Items]
Charges incurred		$ 0	0
Lease Right of Use Asset Impairment [Member] | Acquisition Costs and Other Underwriting Expenses
Restructuring Cost and Reserve [Line Items]
Charges incurred	[1]		$ 812
[1] These charges were recorded within the Company's Non-Core Operations segment.

Summary of Significant Accoun_2

Summary of Significant Accounting Policies - Additional Information (Detail)	12 Months Ended
	Dec. 31, 2023 USD ($) Entity	Dec. 31, 2022 USD ($)	Dec. 31, 2021 USD ($)
Significant Accounting Policies [Line Items]
Ownership interest exceeds respective investments	3%
Investments in other invested assets	$ 38,236,000	$ 38,176,000
Cash and cash equivalents	38,037,000	38,846,000
Allowance for expected credit losses	4,796,000	3,322,000	$ 2,996,000
Allowance for expected credit losses on reinsurance receivables	8,992,000	8,992,000
Amortization of deferred acquisition costs	120,900,000	150,900,000	144,900,000
Premium deficiency reserve	0	0
Net foreign currency transaction gains (losses)	(500,000)	300,000	500,000
Capitalized software costs	4,000,000	4,100,000
Amortization expense	4,900,000	6,100,000	$ 7,100,000
Money Market Funds
Significant Accounting Policies [Line Items]
Cash and cash equivalents	$ 36,900,000	26,000,000
Variable Interest Entity, Not Primary Beneficiary
Significant Accounting Policies [Line Items]
Ownership interest exceeds respective investments	3%
Number of VIEs | Entity	2
Other Assets
Significant Accounting Policies [Line Items]
Accrued interest receivable	$ 7,500,000	$ 8,400,000

Schedule of Amortized Cost and

Schedule of Amortized Cost and Estimated Fair Value of Company's Fixed Maturities Securities (Detail) - USD ($) $ in Thousands	Dec. 31, 2023	Dec. 31, 2022
Schedule Of Available For Sale Securities [Line Items]
Fixed maturities, Amortized Cost	$ 1,322,092	$ 1,301,723
Fixed maturities, Allowance for Expected Credit Losses	0	0
Fixed maturities, Gross Unrealized Gains	1,580	591
Fixed maturities, Gross Unrealized losses	(29,879)	(54,116)
Fixed maturities, Estimated Fair Value	1,293,793	1,248,198
U.S. Treasuries
Schedule Of Available For Sale Securities [Line Items]
Fixed maturities, Amortized Cost	497,099	352,533
Fixed maturities, Allowance for Expected Credit Losses	0	0
Fixed maturities, Gross Unrealized Gains	515	0
Fixed maturities, Gross Unrealized losses	(3,391)	(8,430)
Fixed maturities, Estimated Fair Value	494,223	344,103
Obligations of States and Political Subdivisions
Schedule Of Available For Sale Securities [Line Items]
Fixed maturities, Amortized Cost	27,326	33,471
Fixed maturities, Allowance for Expected Credit Losses	0	0
Fixed maturities, Gross Unrealized Gains	0	0
Fixed maturities, Gross Unrealized losses	(1,176)	(1,876)
Fixed maturities, Estimated Fair Value	26,150	31,595
Mortgage Backed Securities
Schedule Of Available For Sale Securities [Line Items]
Fixed maturities, Amortized Cost	63,173	67,560
Fixed maturities, Allowance for Expected Credit Losses	0	0
Fixed maturities, Gross Unrealized Gains	229	165
Fixed maturities, Gross Unrealized losses	(4,475)	(5,609)
Fixed maturities, Estimated Fair Value	58,927	62,116
Asset-backed Securities
Schedule Of Available For Sale Securities [Line Items]
Fixed maturities, Amortized Cost	207,375	198,161
Fixed maturities, Allowance for Expected Credit Losses	0	0
Fixed maturities, Gross Unrealized Gains	668	390
Fixed maturities, Gross Unrealized losses	(5,091)	(9,151)
Fixed maturities, Estimated Fair Value	202,952	189,400
Commercial Mortgage-Backed Securities
Schedule Of Available For Sale Securities [Line Items]
Fixed maturities, Amortized Cost	84,062	104,777
Fixed maturities, Allowance for Expected Credit Losses	0	0
Fixed maturities, Gross Unrealized Gains	12	20
Fixed maturities, Gross Unrealized losses	(4,994)	(6,133)
Fixed maturities, Estimated Fair Value	79,080	98,664
Corporate Bonds
Schedule Of Available For Sale Securities [Line Items]
Fixed maturities, Amortized Cost	298,526	353,622
Fixed maturities, Allowance for Expected Credit Losses	0	0
Fixed maturities, Gross Unrealized Gains	116	16
Fixed maturities, Gross Unrealized losses	(6,929)	(14,858)
Fixed maturities, Estimated Fair Value	291,713	338,780
Foreign Corporate Bonds
Schedule Of Available For Sale Securities [Line Items]
Fixed maturities, Amortized Cost	144,531	191,599
Fixed maturities, Allowance for Expected Credit Losses	0	0
Fixed maturities, Gross Unrealized Gains	40	0
Fixed maturities, Gross Unrealized losses	(3,823)	(8,059)
Fixed maturities, Estimated Fair Value	$ 140,748	$ 183,540

Schedule of Investments in Equi

Schedule of Investments in Equity Securities (Detail) - USD ($) $ in Thousands	Dec. 31, 2023	Dec. 31, 2022
Schedule Of Available For Sale Securities [Line Items]
Equity securities, at fair value	$ 16,508	$ 17,520
Common Stock
Schedule Of Available For Sale Securities [Line Items]
Equity securities, at fair value	0	1,271
Preferred Stock
Schedule Of Available For Sale Securities [Line Items]
Equity securities, at fair value	$ 16,508	$ 16,249

Investments - Additional Inform

Investments - Additional Information (Detail)	12 Months Ended
	Dec. 31, 2023 USD ($) Entity	Dec. 31, 2021	Dec. 31, 2022 USD ($)
Schedule Of Available For Sale Securities [Line Items]
Investments in a single issuer as a percentage of shareholders' equity	2.10%		2.40%
Weighted average life of fixed maturities securities	5 years
Maturity period of securities that reinvested to fixed income investments	2 years
Percentage of book yield due to reinvested to fixed income investments	0%	2.20%
Fixed maturity securities with market value	$ 0		$ 0
Investments in insurance enhanced bonds	$ 4,900,000
Insurance enhanced bonds as a percentage of total cash and invested assets	0.40%
Investments in collateralized mortgage obligations, commercial mortgage-backed securities and taxable municipal bonds	$ 4,900,000
Ownership interest exceeds respective investments	3%
Variable Interest Entity, Not Primary Beneficiary
Schedule Of Available For Sale Securities [Line Items]
Number of VIE's | Entity	2
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	$ 4,000,000		4,800,000
Variable interest entities, maximum exposure to loss	18,300,000
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	8,200,000		9,800,000
Variable interest entities, maximum exposure to loss	8,200,000		$ 9,800,000
Assured Guaranty Corporation
Schedule Of Available For Sale Securities [Line Items]
Investments in collateralized mortgage obligations, commercial mortgage-backed securities and taxable municipal bonds	3,700,000
Ambac Financial Group
Schedule Of Available For Sale Securities [Line Items]
Investments in collateralized mortgage obligations, commercial mortgage-backed securities and taxable municipal bonds	1,200,000
U.S. Treasuries
Schedule Of Available For Sale Securities [Line Items]
Gross unrealized losses	3,391,000
Obligations of States and Political Subdivisions
Schedule Of Available For Sale Securities [Line Items]
Gross unrealized losses	1,176,000
Mortgage Backed Securities
Schedule Of Available For Sale Securities [Line Items]
Gross unrealized losses	4,475,000
Asset-backed Securities
Schedule Of Available For Sale Securities [Line Items]
Gross unrealized losses	$ 5,091,000
Weighted average credit enhancement	36.10%
Commercial Mortgage-Backed Securities
Schedule Of Available For Sale Securities [Line Items]
Gross unrealized losses	$ 4,994,000
Weighted average credit enhancement	47.30%
Corporate Bonds
Schedule Of Available For Sale Securities [Line Items]
Gross unrealized losses	$ 6,929,000
Foreign Corporate Bonds
Schedule Of Available For Sale Securities [Line Items]
Gross unrealized losses	$ 3,823,000

Summary of Amortized Cost and E

Summary of Amortized Cost and Estimated Fair Value Through Fixed Maturities (Detail) - USD ($) $ in Thousands	Dec. 31, 2023	Dec. 31, 2022
Schedule Of Available For Sale Securities [Line Items]
Due in one year or less, Amortized Cost	$ 663,046
Due in one year through five years, Amortized Cost	279,876
Due in five years through ten years, Amortized Cost	13,018
Due after ten years, Amortized Cost	11,542
Fixed maturities, Amortized Cost	1,322,092	$ 1,301,723
Due in one year or less, Estimated Fair value	660,141
Due in one year through five years, Estimated Fair value	270,667
Due in five years through ten years, Estimated Fair value	11,619
Due after ten years, Estimated Fair value	10,407
Fixed Maturities, estimated fair value	1,293,793	1,248,198
Mortgage Backed Securities
Schedule Of Available For Sale Securities [Line Items]
Amortized Cost	63,173
Fixed maturities, Amortized Cost	63,173	67,560
Estimated Fair value	58,927
Fixed Maturities, estimated fair value	58,927	62,116
Asset-backed Securities
Schedule Of Available For Sale Securities [Line Items]
Amortized Cost	207,375
Fixed maturities, Amortized Cost	207,375	198,161
Estimated Fair value	202,952
Fixed Maturities, estimated fair value	202,952	189,400
Commercial Mortgage-Backed Securities
Schedule Of Available For Sale Securities [Line Items]
Amortized Cost	84,062
Fixed maturities, Amortized Cost	84,062	104,777
Estimated Fair value	79,080
Fixed Maturities, estimated fair value	$ 79,080	$ 98,664

Summary of Securities with Gros

Summary of Securities with Gross Unrealized Losses (Detail) - Fixed Income Securities - USD ($) $ in Thousands	Dec. 31, 2023	Dec. 31, 2022
Schedule Of Available For Sale Securities [Line Items]
Less than 12 months, Fair Value	$ 148,474	$ 992,284
Less than 12 months, Gross Unrealized Losses	(1,496)	(34,755)
12 months or longer, Fair Value	834,118	212,980
12 months or longer, Gross Unrealized Losses	(28,383)	(19,361)
Total, Fair Value	982,592	1,205,264
Total, Gross Unrealized Losses	(29,879)	(54,116)
U.S. Treasuries
Schedule Of Available For Sale Securities [Line Items]
Less than 12 months, Fair Value	55,447	335,781
Less than 12 months, Gross Unrealized Losses	(342)	(7,518)
12 months or longer, Fair Value	239,254	8,322
12 months or longer, Gross Unrealized Losses	(3,049)	(912)
Total, Fair Value	294,701	344,103
Total, Gross Unrealized Losses	(3,391)	(8,430)
Obligations of States and Political Subdivisions
Schedule Of Available For Sale Securities [Line Items]
Less than 12 months, Fair Value	0	27,772
Less than 12 months, Gross Unrealized Losses	0	(1,378)
12 months or longer, Fair Value	26,150	3,778
12 months or longer, Gross Unrealized Losses	(1,176)	(498)
Total, Fair Value	26,150	31,550
Total, Gross Unrealized Losses	(1,176)	(1,876)
Mortgage Backed Securities
Schedule Of Available For Sale Securities [Line Items]
Less than 12 months, Fair Value	12,432	51,517
Less than 12 months, Gross Unrealized Losses	(406)	(4,228)
12 months or longer, Fair Value	39,734	7,860
12 months or longer, Gross Unrealized Losses	(4,069)	(1,381)
Total, Fair Value	52,166	59,377
Total, Gross Unrealized Losses	(4,475)	(5,609)
Asset-backed Securities
Schedule Of Available For Sale Securities [Line Items]
Less than 12 months, Fair Value	38,828	97,857
Less than 12 months, Gross Unrealized Losses	(469)	(3,610)
12 months or longer, Fair Value	108,947	62,689
12 months or longer, Gross Unrealized Losses	(4,622)	(5,541)
Total, Fair Value	147,775	160,546
Total, Gross Unrealized Losses	(5,091)	(9,151)
Commercial Mortgage-Backed Securities
Schedule Of Available For Sale Securities [Line Items]
Less than 12 months, Fair Value	13	67,926
Less than 12 months, Gross Unrealized Losses	(2)	(4,072)
12 months or longer, Fair Value	76,467	27,907
12 months or longer, Gross Unrealized Losses	(4,992)	(2,061)
Total, Fair Value	76,480	95,833
Total, Gross Unrealized Losses	(4,994)	(6,133)
Corporate Bonds
Schedule Of Available For Sale Securities [Line Items]
Less than 12 months, Fair Value	34,658	261,123
Less than 12 months, Gross Unrealized Losses	(264)	(8,480)
12 months or longer, Fair Value	231,816	71,192
12 months or longer, Gross Unrealized Losses	(6,665)	(6,378)
Total, Fair Value	266,474	332,315
Total, Gross Unrealized Losses	(6,929)	(14,858)
Foreign Corporate Bonds
Schedule Of Available For Sale Securities [Line Items]
Less than 12 months, Fair Value	7,096	150,308
Less than 12 months, Gross Unrealized Losses	(13)	(5,469)
12 months or longer, Fair Value	111,750	31,232
12 months or longer, Gross Unrealized Losses	(3,810)	(2,590)
Total, Fair Value	118,846	181,540
Total, Gross Unrealized Losses	$ (3,823)	$ (8,059)

Schedule of Impairments on Inve

Schedule of Impairments on Investments (Detail) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2023	Dec. 31, 2022	[1]	Dec. 31, 2021
Investments, Debt and Equity Securities [Abstract]
Impairment related to intent to sell	$ 0	$ (26,205)		$ 0
Total	$ 0	$ (26,205)		$ 0
[1] 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. In connection with these actions, the Company identified fixed maturities securities with a weighted average life of five years or greater as having an intent to sell resulting in other-than-temporary impairment losses. The majority of which were sold in the 2nd quarter of 2022. Most of the proceeds from the sale of these securities were reinvested into fixed income investments with maturities of two years . As a result of these actions, the Company's book yield rose over time. Book yield was approximately 2.2 % at December 31, 2021 and 4 .0 % at December 31, 2023 .

Schedule of Accumulated Other C

Schedule of Accumulated Other Comprehensive Income (Loss), Net of Tax (Detail) - USD ($) $ in Thousands	Dec. 31, 2023	Dec. 31, 2022	Dec. 31, 2021
Investments, Debt and Equity Securities [Abstract]
Fixed maturities	$ (28,299)	$ (53,525)
Foreign currency fluctuations	(187)	(127)
Deferred taxes	5,623	10,594
Accumulated other comprehensive income (loss), net of tax	$ (22,863)	$ (43,058)	$ 6,404

Changes in Accumulated Other Co

Changes in Accumulated Other Comprehensive Income (Loss) (Detail) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2023	Dec. 31, 2022
Accumulated Other Comprehensive Income (Loss) [Line Items]
Beginning balance, net of tax	$ (43,058)	$ 6,404
Other comprehensive income (loss) before reclassification, before tax	23,512	(101,237)
Amounts reclassified from accumulated other comprehensive income (loss), before tax	1,654	39,610
Other comprehensive income (loss), before tax	25,166	(61,627)
Income tax benefit (expense)	(4,971)	12,165
Ending balance, net of tax	(22,863)	(43,058)
Unrealized Gains and Losses on Available for Sale Securities
Accumulated Other Comprehensive Income (Loss) [Line Items]
Beginning balance, net of tax	(42,958)	6,519
Other comprehensive income (loss) before reclassification, before tax	23,572	(101,255)
Amounts reclassified from accumulated other comprehensive income (loss), before tax	1,654	39,610
Other comprehensive income (loss), before tax	25,226	(61,645)
Income tax benefit (expense)	(4,983)	12,168
Ending balance, net of tax	(22,715)	(42,958)
Foreign Currency Items
Accumulated Other Comprehensive Income (Loss) [Line Items]
Beginning balance, net of tax	(100)	(115)
Other comprehensive income (loss) before reclassification, before tax	(60)	18
Amounts reclassified from accumulated other comprehensive income (loss), before tax	0	0
Other comprehensive income (loss), before tax	(60)	18
Income tax benefit (expense)	12	(3)
Ending balance, net of tax	$ (148)	$ (100)

Reclassifications Out of Accumu

Reclassifications Out of Accumulated Other Comprehensive Income (Loss) (Detail) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2023	Dec. 31, 2022	Dec. 31, 2021
Reclassification Adjustment out of Accumulated Other Comprehensive Income [Line Items]
Total before tax	$ 1,654	$ 39,610
Income tax expense (benefit)	7,547	2,821	$ 3,449
Unrealized Gains and Losses on Available for Sale Securities
Reclassification Adjustment out of Accumulated Other Comprehensive Income [Line Items]
Total before tax	1,654	39,610
Foreign Currency Items
Reclassification Adjustment out of Accumulated Other Comprehensive Income [Line Items]
Total before tax	0	0
Reclassification out of Accumulated Other Comprehensive Income
Reclassification Adjustment out of Accumulated Other Comprehensive Income [Line Items]
Total reclassifications, net of tax	1,350	32,253
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	1,654	13,405
Other than temporary impairment losses on investments	0	26,205
Total before tax	1,654	39,610
Income tax expense (benefit)	$ (304)	$ (7,357)

Components of Net Realized Inve

Components of Net Realized Investment Gains (Losses) (Detail) - USD ($) $ in Thousands		12 Months Ended
		Dec. 31, 2023	Dec. 31, 2022	Dec. 31, 2021
Schedule Of Available For Sale Securities [Line Items]
Total net realized investment gains (losses)		$ (2,107)	$ (32,929)	$ 15,887
Equity securities, Gross realized gains		1,061	2,289	15,350
Equity securities, Gross realized losses		(1,514)	(5,681)	(1,910)
Equity securities, Total net realized investment gains (losses)		(453)	(3,392)	13,440
Not Designated as Hedging Instrument | Interest Rate Swap
Schedule Of Available For Sale Securities [Line Items]
Gross realized gains		0	12,844	8,035
Gross realized losses		0	(2,771)	(5,930)
Total net realized investment gains (losses)	[1]	0	10,073	2,105
Fixed Income Securities
Schedule Of Available For Sale Securities [Line Items]
Gross realized gains		49	688	11,390
Gross realized losses		(1,703)	(40,298)	(11,048)
Total net realized investment gains (losses)		$ (1,654)	$ (39,610)	$ 342
[1] Includes periodic net interest settlements related to the derivativ es of $ 3.0 million and $ 5.6 million for the years ended December 31, 2022 and 2021 , respectively.

Components of Net Realized In_2

Components of Net Realized Investment Gains (Losses) (Parenthetical) (Detail) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2023	Dec. 31, 2022	Dec. 31, 2021
Schedule Of Available For Sale Securities [Line Items]
Net interest settlements	$ 0	$ 10,073	$ 2,105
Interest Rate Swap
Schedule Of Available For Sale Securities [Line Items]
Net interest settlements		$ 3,000	$ 5,600

Summary of Calculation of Reali

Summary of Calculation of Realized Gains and Losses (Detail) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2023	Dec. 31, 2022	Dec. 31, 2021
Investments, Debt and Equity Securities [Abstract]
Equity securities, Total net realized investment gains (losses)	$ (453)	$ (3,392)	$ 13,440
Less: net gains (losses) recognized during the period on equity securities sold during the period	(36)	10,577	4,058
Unrealized gains (losses) recognized during the reporting period on equity securities	$ (417)	$ (13,969)	$ 9,382

Schedule of Proceeds From Sales

Schedule of Proceeds From Sales and Redemptions of Available for Sale Securities (Detail) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2023	Dec. 31, 2022	Dec. 31, 2021
Investments, Debt and Equity Securities [Abstract]
Fixed maturities	$ 148,164	$ 933,554	$ 1,065,398
Equity securities	$ 1,158	$ 88,726	$ 54,691

Schedule of Investment Income (

Schedule of Investment Income (Detail) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2023	Dec. 31, 2022	Dec. 31, 2021
Schedule Of Available For Sale Securities [Line Items]
Investment income	$ 56,960	$ 29,776	$ 39,662
Investment expense	(1,516)	(2,149)	(2,642)
Net investment income	55,444	27,627	37,020
Fixed Income Securities
Schedule Of Available For Sale Securities [Line Items]
Investment income	49,987	33,852	25,751
Equity Securities
Schedule Of Available For Sale Securities [Line Items]
Investment income	917	1,100	2,692
Cash and Cash Equivalents
Schedule Of Available For Sale Securities [Line Items]
Investment income	1,593	790	363
Other Invested Assets
Schedule Of Available For Sale Securities [Line Items]
Investment income	$ 4,463	$ (5,966)	$ 10,856

Schedule of Total Investment Re

Schedule of Total Investment Return (Detail) - USD ($) $ in Thousands		12 Months Ended
		Dec. 31, 2023	Dec. 31, 2022	Dec. 31, 2021
Investments, Debt and Equity Securities [Abstract]
Net investment income		$ 55,444	$ 27,627	$ 37,020
Net realized investment gains (losses)		(2,107)	(32,929)	15,887
Change in unrealized holding gains (losses)		25,166	(61,627)	(34,363)
Net realized and unrealized investment returns		23,059	(94,556)	(18,476)
Total investment return		$ 78,503	$ (66,929)	$ 18,544
Total investment return %		5.70%	(4.70%)	1.20%
Average investment portfolio	[1]	$ 1,366,553	$ 1,437,327	$ 1,490,933
[1] 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		Dec. 31, 2023	Dec. 31, 2022
Schedule Of Available For Sale Securities [Line Items]
Estimated Fair Value	[1]	$ 170,058	$ 181,191
On Deposit With Governmental Authorities
Schedule Of Available For Sale Securities [Line Items]
Estimated Fair Value		19,262	19,290
Held In Trust Pursuant To Third Party Requirements
Schedule Of Available For Sale Securities [Line Items]
Estimated Fair Value		$ 150,796	$ 161,901
[1] Includes cash and cash equivalents of $ 9.0 million and $ 3.7 million at December 31, 2023 and December 31, 2022 , respectively, with the remainder related to bonds available for sale.

Summary of Estimated Fair Val_2

Summary of Estimated Fair Values of Bonds Held on Deposit (Parenthetical) (Detail) - USD ($) $ in Thousands	Dec. 31, 2023	Dec. 31, 2022
Debt Securities, Available-for-Sale [Line Items]
Cash and cash equivalents	$ 38,037	$ 38,846
Remainder Related to Bonds Available for Sale
Debt Securities, Available-for-Sale [Line Items]
Cash and cash equivalents	$ 9,000	$ 3,700

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	12 Months Ended
	Dec. 31, 2023	Dec. 31, 2022	Dec. 31, 2021
Derivative Instruments, Gain (Loss) [Line Items]
Net gain (loss) for changes in fair value and net settlements of derivatives	$ 0	$ 10,073	$ 2,105
Interest Rate Swap
Derivative Instruments, Gain (Loss) [Line Items]
Net gain (loss) for changes in fair value and net settlements of derivatives		3,000	5,600
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	0	10,073	2,424
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	$ (319)

Derivative Instruments - Additi

Derivative Instruments - Additional Information (Detail) - Other Assets - USD ($) $ in Millions	Dec. 31, 2023	Dec. 31, 2022	Dec. 31, 2021
Derivative Instruments and Hedging Activities Disclosures [Line Items]
Funds needed to post execute swap transaction			$ 1.8
Interest Rate Swap
Derivative Instruments and Hedging Activities Disclosures [Line Items]
Funds needed to post execute swap transaction	$ 0	$ 0
Margin calls made in connection with interest rate swaps			$ 9.8

Company's Invested Assets Measu

Company's Invested Assets Measured at Fair Value on Recurring Basis (Detail) - USD ($) $ in Thousands	Dec. 31, 2023	Dec. 31, 2022
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Total invested assets	$ 1,293,793	$ 1,248,198
Equity securities	16,508	17,520
U.S. Treasuries
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Total invested assets	494,223	344,103
Obligations of States and Political Subdivisions
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Total invested assets	26,150	31,595
Mortgage Backed Securities
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Total invested assets	58,927	62,116
Commercial Mortgage-Backed Securities
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Total invested assets	79,080	98,664
Asset-backed Securities
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Total invested assets	202,952	189,400
Corporate Bonds
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Total invested assets	291,713	338,780
Foreign Corporate Bonds
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Total invested assets	140,748	183,540
Fair Value, Measurements, Recurring
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Total invested assets	1,293,793	1,248,198
Equity securities	16,508	17,520
Total invested assets	1,310,301	1,265,718
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	494,223	344,103
Equity securities	0	0
Total invested assets	494,223	344,103
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	799,570	900,795
Equity securities	16,508	16,249
Total invested assets	816,078	917,044
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	0	3,300
Equity securities	0	1,271
Total invested assets	0	4,571
Fair Value, Measurements, Recurring | U.S. Treasuries
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Total invested assets	494,223	344,103
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	494,223	344,103
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 | Obligations of States and Political Subdivisions
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Total invested assets	26,150	31,595
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	26,150	31,595
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	58,927	62,116
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	58,927	61,156
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	0	960
Fair Value, Measurements, Recurring | Commercial Mortgage-Backed Securities
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Total invested assets	79,080	98,664
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	79,080	98,664
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	202,952	189,400
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	202,952	189,073
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	0	327
Fair Value, Measurements, Recurring | Corporate Bonds
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Total invested assets	291,713	338,780
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	291,713	336,767
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	0	2,013
Fair Value, Measurements, Recurring | Foreign Corporate Bonds
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Total invested assets	140,748	183,540
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	140,748	183,540
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	12 Months Ended
	Dec. 31, 2023	Dec. 31, 2022	Dec. 31, 2021
Fair Value Disclosures [Abstract]
Beginning balance	$ 4,571	$ 2,769	$ 0
Included in accumulated other comprehensive income	$ 30	$ (21)	$ (35)
Fair Value, Asset, Recurring Basis, Unobservable Input Reconciliation, Asset, Gain (Loss), Statement of Other Comprehensive Income or Comprehensive Income [Extensible Enumeration]	Other Comprehensive Income (Loss), Net of Tax	Other Comprehensive Income (Loss), Net of Tax	Other Comprehensive Income (Loss), Net of Tax
Included in earnings attributable to realized gains / losses	$ (290)	$ (61)	$ 60
Fair Value, Asset, Recurring Basis, Unobservable Input Reconciliation, Gain (Loss), Statement of Income or Comprehensive Income [Extensible Enumeration]	Realized Investment Gains (Losses)	Realized Investment Gains (Losses)	Realized Investment Gains (Losses)
Transfers into level 3	$ 0	$ 857	$ 1,400
Transfers out of level 3	0	0	(1,815)
Amortization of bond premium and discount, net	5	6	1
Purchases	332	2,304	3,286
Sales	(4,648)	(1,283)	(128)
Ending balance	0	4,571	2,769
Gains (losses) included in earnings attributable to the change in unrealized gains (losses) related to assets still held at end of reporting period	$ (155)	$ 95	$ 0
Fair Value, Asset, Recurring Basis, Still Held, Unrealized Gain (Loss), Statement of Income or Comprehensive Income [Extensible Enumeration]	OCI, Debt Securities, Available-for-Sale, Unrealized Holding Gain (Loss), before Adjustment, after Tax	OCI, Debt Securities, Available-for-Sale, Unrealized Holding Gain (Loss), before Adjustment, after Tax	OCI, Debt Securities, Available-for-Sale, Unrealized Holding Gain (Loss), before Adjustment, after Tax

Fair Value Measurements - Addit

Fair Value Measurements - Additional Information (Detail) - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2023	Dec. 31, 2022	Dec. 31, 2021
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Ownership interest exceeds respective investments	3%
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	$ 0.8	$ (5)	$ 10
Ownership interest exceeds respective investments	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%

Fair Value and Future Funding C

Fair Value and Future Funding Commitments Related to These Investments (Detail) - USD ($) $ in Thousands		Dec. 31, 2023	Dec. 31, 2022
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Fair Value		$ 38,236	$ 38,176
Future Funding Commitments		14,214	14,214
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]	4,048	4,832
Future Funding Commitments	[1]	14,214	14,214
Mortgage Debt Fund, LP | Fair Value, Inputs, Level 3
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Fair Value	[2]	8,172	9,771
Future Funding Commitments	[2]	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	[3]	26,016	23,573
Future Funding Commitments	[3]	$ 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 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 partnership invests in performing, stressed or distressed securities and loans across the global fixed income markets. The Company does have the contractual option to withdraw all or a portion of its limited partnership interest by providing notice to the fund.

Goodwill and Intangible Asset_2

Goodwill and Intangible Assets - Additional Information (Detail) - USD ($)	12 Months Ended
	Dec. 31, 2023	Dec. 31, 2022	Dec. 31, 2021
Intangible Assets And Goodwill [Line Items]
Impairment of goodwill	$ 0	$ 578,000
Goodwill	4,820,000	4,820,000	$ 5,398,000
Amortization of definite lived intangible assets	$ 400,000	$ 400,000	500,000
Weighted average amortization period for definite lived intangible assets	15 years	13 years 7 months 6 days
Net Value	$ 14,000,000	$ 14,000,000
Definite lived intangible assets	500,000	800,000
Accumulated impairment losses	0	600,000
State insurance licenses
Intangible Assets And Goodwill [Line Items]
Net Value	5,000,000	5,000,000
Impairment of indefinite lived intangible assets	0	5,000,000
Other Than Agent Relationships
Intangible Assets And Goodwill [Line Items]
Impairment of definite lived intangible assets	0	0	0
Penn-America Segment
Intangible Assets And Goodwill [Line Items]
Impairment of goodwill	0	0
Goodwill	4,820,000	4,820,000	4,820,000
Farm, Ranch & Stable Business and Specialty Property Business [Member]
Intangible Assets And Goodwill [Line Items]
Goodwill	1,700,000
Farm, Ranch & Stable
Intangible Assets And Goodwill [Line Items]
Goodwill	$ 600,000
Impairment, Intangible Asset, Finite-Lived, Statement of Income or Comprehensive Income [Extensible Enumeration]	Other Cost and Expense, Operating
Impairment of definite lived intangible assets	$ 100,000
Manufactured and Dwelling Homes Business
Intangible Assets And Goodwill [Line Items]
Impairment of definite lived intangible assets	200,000
Specialty Property Business
Intangible Assets And Goodwill [Line Items]
Goodwill		1,100,000
Non-Core Operations
Intangible Assets And Goodwill [Line Items]
Impairment of goodwill	0	578,000
Goodwill	0	$ 0	578,000
Impairment, Intangible Assets, Statement of Income or Comprehensive Income [Extensible Enumeration]		Corporate and other operating expenses
Impairment of definite lived intangible assets		$ 100,000	200,000
Non-Core Operations | State insurance licenses
Intangible Assets And Goodwill [Line Items]
Net Value	$ 5,000,000
Impairment of indefinite lived intangible assets		5,000,000
Non-Core Operations | Corporate and Other Operating Expenses
Intangible Assets And Goodwill [Line Items]
Impairment of goodwill		$ 600,000	$ 1,100,000

Changes in Carrying Amount of G

Changes in Carrying Amount of Goodwill (Detail) - USD ($)	12 Months Ended
	Dec. 31, 2023	Dec. 31, 2022
Goodwill [Line Items]
Balance as of January 1	$ 4,820,000	$ 5,398,000
Impairment	0	(578,000)
Balance as of December 31	4,820,000	4,820,000
Penn-America Segment
Goodwill [Line Items]
Balance as of January 1	4,820,000	4,820,000
Impairment	0	0
Balance as of December 31	4,820,000	4,820,000
Non-Core Operations
Goodwill [Line Items]
Balance as of January 1	0	578,000
Impairment	0	(578,000)
Balance as of December 31	$ 0	$ 0

Intangible Assets (Detail)

Intangible Assets (Detail) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2023	Dec. 31, 2022
Acquired Intangible Assets [Line Items]
Net Value	$ 14,000	$ 14,000
Weighted Average Amortization Period	15 years	13 years 7 months 6 days
Cost	$ 19,300	$ 25,800
Accumulated Amortization	4,844	5,739
Impairment	0	5,251
Net Value	500	800
Net Value	14,456	14,810
Trademarks
Acquired Intangible Assets [Line Items]
Net Value	4,800	4,800
Cost	4,800	4,800
Trade names
Acquired Intangible Assets [Line Items]
Net Value	4,200	4,200
Cost	4,200	4,200
State insurance licenses
Acquired Intangible Assets [Line Items]
Net Value	5,000	5,000
Cost	5,000	10,000
Impairment	$ 0	$ 5,000
Impairment, Intangible Asset, Indefinite-Lived (Excluding Goodwill), Statement of Income or Comprehensive Income [Extensible Enumeration]	Other Cost and Expense, Operating	Other Cost and Expense, Operating
Customer relationships
Acquired Intangible Assets [Line Items]
Weighted Average Amortization Period	15 years	15 years
Cost	$ 5,300	$ 5,300
Accumulated Amortization	4,844	4,490
Impairment	0	0
Net Value	$ 456	$ 810
Agent Relationships
Acquired Intangible Assets [Line Items]
Weighted Average Amortization Period		10 years
Cost		$ 900
Accumulated Amortization		649
Impairment		251
Net Value		$ 0
Trade names
Acquired Intangible Assets [Line Items]
Weighted Average Amortization Period		7 years
Cost		$ 600
Accumulated Amortization		600
Impairment		0
Net Value		$ 0

Expected Amortization Expense (

Expected Amortization Expense (Detail) $ in Thousands	Dec. 31, 2023 USD ($)
Finite-Lived Intangible Assets, Net, Amortization Expense, Fiscal Year Maturity [Abstract]
2024	$ 353
2025	103
2026	0
2027	0
2028	$ 0

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	12 Months Ended
	Dec. 31, 2023	Dec. 31, 2022
Premiums Receivable
Beginning balance	$ 3,322	$ 2,996
Current period provision for expected credit losses	1,636	1,796
Write-offs	(162)	(1,470)
Ending balance	$ 4,796	$ 3,322

Allowance for Expected Credit_4

Allowance for Expected Credit Losses - Additional Information (Detail) - USD ($) $ in Thousands	Dec. 31, 2023	Dec. 31, 2022
Allowance for Credit Loss [Abstract]
Allowance for expected credit losses on reinsurance receivables	$ 8,992	$ 8,992

Reinsurance Balances (Detail)

Reinsurance Balances (Detail) - USD ($) $ in Thousands	Dec. 31, 2023	Dec. 31, 2022
Reinsurance Disclosures [Abstract]
Reinsurance receivables, net	$ 80,439	$ 85,721
Collateral securing reinsurance receivables	(8,752)	(8,937)
Reinsurance receivables, net of collateral	71,687	76,784
Allowance for expected credit losses on reinsurance receivables	8,992	8,992
Prepaid reinsurance premiums	$ 4,958	$ 17,421

Reinsurance - Additional Inform

Reinsurance - Additional Information (Detail) - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2023	Dec. 31, 2022	Dec. 31, 2021
Effects of Reinsurance [Line Items]
Ceded losses and loss adjustment expenses	$ 27.6	$ 48.7	$ 34.9
Minimum [Member]
Effects of Reinsurance [Line Items]
Unsecured reinsurance receivable percentage of shareholders' equity	3%

Unsecured Reinsurance Receivabl

Unsecured Reinsurance Receivable (Detail) - USD ($) $ in Thousands	Dec. 31, 2023	Dec. 31, 2022
Financing Receivable, Recorded Investment [Line Items]
Reinsurance Receivables	$ 80,439	$ 85,721
Munich Re America Corporation | A.M, Best A+ Rating
Financing Receivable, Recorded Investment [Line Items]
Reinsurance Receivables	$ 41,213

Effect of Reinsurance on Premiu

Effect of Reinsurance on Premiums Written and Earned (Detail) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2023	Dec. 31, 2022	Dec. 31, 2021
Insurance [Abstract]
Direct business	$ 350,748	$ 573,412	$ 584,467
Reinsurance assumed	65,649	154,191	97,655
Reinsurance ceded	(17,078)	(136,272)	(102,054)
Net written premiums	399,319	591,331	580,068
Direct business	376,288	589,131	578,171
Reinsurance assumed	126,611	135,896	78,880
Reinsurance ceded	(29,542)	(122,556)	(61,441)
Net earned premiums	$ 473,357	$ 602,471	$ 595,610

Income Taxes - Additional Infor

Income Taxes - Additional Information (Detail) - USD ($)	12 Months Ended
	Dec. 31, 2023	Dec. 31, 2022	Dec. 31, 2021
Income Tax [Line Items]
Effective income tax expense (benefit) rate	22.90%	143.10%	10.50%
Net operating loss carryforwards	$ 78,800,000	$ 116,400,000
Section 163(j) carryforward	0	0
Interest and penalties for uncertain tax positions	0	$ 0	$ 0
Liabilities for tax-related interest and penalties	$ 0
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 Expenses (Detail) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2023	Dec. 31, 2022	Dec. 31, 2021
Current income tax expense:
Foreign	$ 14	$ 4	$ 54
U.S. Federal	2,207	422	0
Total current income tax expense	2,221	426	54
Deferred income tax expense:
U.S. Federal	5,326	2,395	3,395
Total deferred income tax expense	5,326	2,395	3,395
Total income tax expense	$ 7,547	$ 2,821	$ 3,449

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	12 Months Ended
	Dec. 31, 2023	Dec. 31, 2022	Dec. 31, 2021
Income Tax Disclosure [Abstract]
Expected tax provision at weighted average tax rate	$ 6,925	$ 414	$ 6,889
Adjustments:
Non-deductible executive compensation	1,753	0	0
Dividend exclusion	(76)	(89)	(78)
Change in tax status	0	700	0
Parent income treated as partnership for tax	(1,260)	2,156	(4,057)
Other	205	(360)	695
Total income tax expense	$ 7,547	$ 2,821	$ 3,449
Expected tax provision at weighted average	21%	21%	21%
Adjustments:
Non-deductible executive compensation, % of Pre-Tax Income	5.30%	0%	0%
Dividend exclusion, % of Pre-Tax Income	(0.20%)	(4.50%)	(0.20%)
Change in tax status, % of Pre-Tax Income	0%	35.50%	0%
Parent income treated as partnership for tax, % of Pre-Tax Income	(3.80%)	109.40%	(12.40%)
Other, % of Pre-Tax Income	0.60%	(18.30%)	2.10%
Effective income tax expense	22.90%	143.10%	10.50%

Tax Effects of Temporary Differ

Tax Effects of Temporary Differences That Give Rise to Significant Portions of Net Deferred Tax Assets (Detail) - USD ($) $ in Thousands	Dec. 31, 2023	Dec. 31, 2022
Deferred tax assets:
Discounted unpaid losses and loss adjustment expenses	$ 9,668	$ 9,522
Unearned premiums	7,472	10,581
Net operating loss carryforward	16,540	24,454
Partnership K1 basis differences	753	1,234
Capital loss carry forwards	4,241	2,338
Investment impairments	337	124
Stock options	416	1,465
Stat-to-GAAP reinsurance reserve	1,668	1,668
Unrealized loss on securities available-for-sale	5,583	10,568
Depreciation and amortization	1,368	1,211
Software	1,260	0
Other	998	1,353
Total deferred tax assets	50,304	64,518
Deferred tax liabilities:
Intangible assets	3,036	3,146
Deferred acquisition costs	8,914	13,628
Other	1,552	645
Total deferred tax liabilities	13,502	17,419
Total net deferred tax assets	$ 36,802	$ 47,099

Summarized Activity in Liabilit

Summarized Activity in Liability for Unpaid Losses and Loss Adjustment Expenses (Detail) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2023	Dec. 31, 2022	Dec. 31, 2021
Insurance [Abstract]
Balance at beginning of period	$ 832,404	$ 759,904	$ 662,811
Less: Ceded reinsurance receivables	73,021	94,443	82,158
Net balance at beginning of period	759,383	665,461	580,653
Incurred losses and loss adjustment expenses related to:
Current year	279,609	367,298	376,306
Prior years	9,544	(8,070)	8,658
Total incurred losses and loss adjustment expenses	289,153	359,228	384,964
Paid losses and loss adjustment expenses related to:
Current year	72,717	103,442	149,092
Prior years	198,049	161,864	151,064
Total paid losses and loss adjustment expenses	270,766	265,306	300,156
Net balance at end of period	777,770	759,383	665,461
Plus: Ceded reinsurance receivables	72,829	73,021	94,443
Balance at end of period	$ 850,599	$ 832,404	$ 759,904

Liability for Unpaid Losses a_3

Liability for Unpaid Losses and Loss Adjustment Expenses - Additional Information (Detail) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2023	Dec. 31, 2022	Dec. 31, 2021	Dec. 31, 2020
Causes of Increase (Decrease) in Liability for Unpaid Claims and Claims Adjustment Expense [Line Items]
Changes in prior year reserve	$ 9,544	$ (8,070)	$ 8,658
Unpaid losses and loss adjustment expense reserves	850,599	832,404	759,904	$ 662,811
Unpaid losses and loss adjustment expense reserves, net	777,770	759,383	665,461	580,653
Unpaid losses and loss adjustment expense reserves	$ 21,107	$ 21,647	$ 21,985	$ 28,679
Survival ratio on a gross basis for open A&E claims, periods	15 years 1 month 6 days	16 years 10 months 24 days	33 years 3 months 18 days
Survival ratio on net basis for open A&E claims, periods	20 years 10 months 24 days	22 years 9 months 18 days	63 years 6 months
Construction Defect
Causes of Increase (Decrease) in Liability for Unpaid Claims and Claims Adjustment Expense [Line Items]
Unpaid losses and loss adjustment expense reserves	$ 30,400	$ 34,800
Unpaid losses and loss adjustment expense reserves, net	28,800	33,400
IBNR Reserves | Asbestos
Causes of Increase (Decrease) in Liability for Unpaid Claims and Claims Adjustment Expense [Line Items]
Unpaid losses and loss adjustment expense reserves	17,300	18,900	$ 20,100
Case Reserves | Asbestos
Causes of Increase (Decrease) in Liability for Unpaid Claims and Claims Adjustment Expense [Line Items]
Unpaid losses and loss adjustment expense reserves	3,800	2,800	1,900
Non-Core Operations
Causes of Increase (Decrease) in Liability for Unpaid Claims and Claims Adjustment Expense [Line Items]
Changes in prior year reserve	(20,300)	(10,900)	6,800
Non-Core Operations | General Liability | Accident Years Prior to 1990 1995 2013 2014 and 2016 Through 2022
Causes of Increase (Decrease) in Liability for Unpaid Claims and Claims Adjustment Expense [Line Items]
Changes in prior year reserve	10,200
Non-Core Operations | General Liability | Prior to 1990, 1992, 2001 Through 2003, 2007 Through 2012 and 2014 Through 2021 Accident Years
Causes of Increase (Decrease) in Liability for Unpaid Claims and Claims Adjustment Expense [Line Items]
Changes in prior year reserve		(2,400)
Non-Core Operations | General Liability | Prior to 1990, 1992, 2000 through 2002, 2007, 2011, 2012 and 2014 through 2020 Accident Years
Causes of Increase (Decrease) in Liability for Unpaid Claims and Claims Adjustment Expense [Line Items]
Changes in prior year reserve			(1,600)
Non-Core Operations | General Liability | 2019 through 2021 Accident Years
Causes of Increase (Decrease) in Liability for Unpaid Claims and Claims Adjustment Expense [Line Items]
Changes in prior year reserve		2,300
Non-Core Operations | Property | Accident years 2016, 2018 and 2020, 2021 and 2022
Causes of Increase (Decrease) in Liability for Unpaid Claims and Claims Adjustment Expense [Line Items]
Changes in prior year reserve	800
Non-Core Operations | Property | 2016 through 2018 and 2020 Accident Years, partially Offset by Decreases in 2019 and 2021 Accident Years
Causes of Increase (Decrease) in Liability for Unpaid Claims and Claims Adjustment Expense [Line Items]
Changes in prior year reserve		1,400
Non-Core Operations | Property | 2017 through 2021 Accident Years, partially Offset by an Increase in the 2016 Accident Year
Causes of Increase (Decrease) in Liability for Unpaid Claims and Claims Adjustment Expense [Line Items]
Changes in prior year reserve		(6,300)
Non-Core Operations | Property | 2015 through 2020 Accident Year
Causes of Increase (Decrease) in Liability for Unpaid Claims and Claims Adjustment Expense [Line Items]
Changes in prior year reserve			11,300
Non-Core Operations | Property | Accident Years 2015, 2017, 2018, and 2020
Causes of Increase (Decrease) in Liability for Unpaid Claims and Claims Adjustment Expense [Line Items]
Changes in prior year reserve			(1,700)
Non-Core Operations | Professional | 2008 through 2010 and 2012 through 2015 Accident Years
Causes of Increase (Decrease) in Liability for Unpaid Claims and Claims Adjustment Expense [Line Items]
Changes in prior year reserve		(2,100)
Non-Core Operations | Professional | 2016 Accident Year
Causes of Increase (Decrease) in Liability for Unpaid Claims and Claims Adjustment Expense [Line Items]
Changes in prior year reserve		(3,600)
Non-Core Operations | Professional | 2015 Accident Year
Causes of Increase (Decrease) in Liability for Unpaid Claims and Claims Adjustment Expense [Line Items]
Changes in prior year reserve			(1,100)
Non-Core Operations | Professional Liability | 2018 Accident Year
Causes of Increase (Decrease) in Liability for Unpaid Claims and Claims Adjustment Expense [Line Items]
Changes in prior year reserve			(100)
Non-Core Operations | Reinsurance
Causes of Increase (Decrease) in Liability for Unpaid Claims and Claims Adjustment Expense [Line Items]
Changes in prior year reserve		(7,600)	(2,800)
Non-Core Operations | Reinsurance | 2013 through 2021 Accident Years
Causes of Increase (Decrease) in Liability for Unpaid Claims and Claims Adjustment Expense [Line Items]
Changes in prior year reserve	(17,700)
Non-Core Operations | Reinsurance | Prior Accident Year
Causes of Increase (Decrease) in Liability for Unpaid Claims and Claims Adjustment Expense [Line Items]
Changes in prior year reserve	(31,200)
Non-Core Operations | Reinsurance | Professional Lines in 2017 and 2019 through 2021 Accident Years, Partially Offset by Increases in 2016 and 2022 Accident Years
Causes of Increase (Decrease) in Liability for Unpaid Claims and Claims Adjustment Expense [Line Items]
Changes in prior year reserve	(7,200)
Non-Core Operations | Reinsurance | Decrease in General Liability Mainly in 2012 and 2019 through 2022 Accident Years
Causes of Increase (Decrease) in Liability for Unpaid Claims and Claims Adjustment Expense [Line Items]
Changes in prior year reserve	(6,300)
Penn-America Segment
Causes of Increase (Decrease) in Liability for Unpaid Claims and Claims Adjustment Expense [Line Items]
Changes in prior year reserve	29,900	2,800	1,800
Penn-America Segment | General Liability | Accident years 1998, 2000 Through 2010, 2012 and 2014 Through 2017, 2018 Through 2022
Causes of Increase (Decrease) in Liability for Unpaid Claims and Claims Adjustment Expense [Line Items]
Changes in prior year reserve	28,600
Penn-America Segment | General Liability | Accident Years Prior to 1990, 1998, 2000, 2002, 2006, 2007, 2009, 2010 and 2011 Through 2020 Accident Years
Causes of Increase (Decrease) in Liability for Unpaid Claims and Claims Adjustment Expense [Line Items]
Changes in prior year reserve		6,000
Penn-America Segment | General Liability | 2004 through 2009, 2014 through 2016, 2018 and 2020 Accident Years, Partially Offset by Increases in 2017 and 2019 Accident Years
Causes of Increase (Decrease) in Liability for Unpaid Claims and Claims Adjustment Expense [Line Items]
Changes in prior year reserve			(1,200)
Penn-America Segment | Property | Accident years 2015, 2016, 2019, 2020 Through 2022
Causes of Increase (Decrease) in Liability for Unpaid Claims and Claims Adjustment Expense [Line Items]
Changes in prior year reserve	$ 1,300
Penn-America Segment | Property | 2010, 2011, 2012, 2015, 2016, 2018, 2020 and 2021 Accident Years
Causes of Increase (Decrease) in Liability for Unpaid Claims and Claims Adjustment Expense [Line Items]
Changes in prior year reserve		$ (3,200)
Penn-America Segment | Property | 2010 - 2012 and 2015 - 2020 Accident Years
Causes of Increase (Decrease) in Liability for Unpaid Claims and Claims Adjustment Expense [Line Items]
Changes in prior year reserve			3,000
Penn-America Segment | Professional Liability | 2018 Accident Years
Causes of Increase (Decrease) in Liability for Unpaid Claims and Claims Adjustment Expense [Line Items]
Changes in prior year reserve			$ 100

Gross Reserves for Asbestos and

Gross Reserves for Asbestos and Environmental Losses (Detail) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2023	Dec. 31, 2022	Dec. 31, 2021
Insurance [Abstract]
Gross reserve for A&E losses and loss adjustment expenses – beginning of period	$ 37,142	$ 39,153	$ 47,593
Plus: Change in incurred losses and loss adjustment expenses	1,419	2,658	(7,500)
Less: Payments	1,730	4,669	940
Gross reserves for A&E losses and loss adjustment expenses – end of period	$ 36,831	$ 37,142	$ 39,153

Net Reserves for Asbestos and E

Net Reserves for Asbestos and Environmental Losses (Detail) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2023	Dec. 31, 2022	Dec. 31, 2021
Insurance [Abstract]
Net reserve for A&E losses and loss adjustment expenses - beginning of period	$ 21,647	$ 21,985	$ 28,679
Plus: Change in incurred losses and loss adjustment expenses	(1)	1,962	(6,500)
Less: Payments	539	2,300	194
Net reserves for A&E losses and loss adjustment expenses - end of period	$ 21,107	$ 21,647	$ 21,985

Incurred Claims and Allocated C

Incurred Claims and Allocated Claim Adjustment Expenses, Net of Reinsurance (Detail) $ in Thousands		Dec. 31, 2023 USD ($) Claim	Dec. 31, 2022 USD ($)	Dec. 31, 2021 USD ($)	Dec. 31, 2020 USD ($)	Dec. 31, 2019 USD ($)	Dec. 31, 2018 USD ($)	Dec. 31, 2017 USD ($)	Dec. 31, 2016 USD ($)	Dec. 31, 2015 USD ($)	Dec. 31, 2014 USD ($)
Non-Core Operations | Property Insurance
Claims Development [Line Items]
Incurred Claims and Allocated Claims Adjustment Expenses, Net of Reinsurance		$ 326,792
Non-Core Operations | Property Insurance | Accident Year 2020
Claims Development [Line Items]
Incurred Claims and Allocated Claims Adjustment Expenses, Net of Reinsurance		160,082	$ 166,076	$ 164,648	$ 161,353
IBNR	[1]	$ 4,502
Cumulative Number of Reported Claims | Claim		0
Non-Core Operations | Property Insurance | Accident Year 2021
Claims Development [Line Items]
Incurred Claims and Allocated Claims Adjustment Expenses, Net of Reinsurance		$ 109,047	108,443	111,042
IBNR	[1]	$ 4,530
Cumulative Number of Reported Claims | Claim		0
Non-Core Operations | Property Insurance | Accident Year 2022
Claims Development [Line Items]
Incurred Claims and Allocated Claims Adjustment Expenses, Net of Reinsurance		$ 47,558	44,668
IBNR	[1]	$ 1,689
Cumulative Number of Reported Claims | Claim		0
Non-Core Operations | Property Insurance | Accident Year 2023
Claims Development [Line Items]
Incurred Claims and Allocated Claims Adjustment Expenses, Net of Reinsurance		$ 10,105
IBNR	[1]	$ 1,882
Cumulative Number of Reported Claims | Claim		0
Non-Core Operations | Casualty Insurance
Claims Development [Line Items]
Incurred Claims and Allocated Claims Adjustment Expenses, Net of Reinsurance		$ 472,792
Non-Core Operations | Casualty Insurance | Accident Year 2015
Claims Development [Line Items]
Incurred Claims and Allocated Claims Adjustment Expenses, Net of Reinsurance		29,820	29,905	30,885	32,297	$ 35,081	$ 36,534	$ 35,350	$ 33,731	$ 31,802
IBNR	[2]	$ 585
Cumulative Number of Reported Claims | Claim		0
Non-Core Operations | Casualty Insurance | Accident Year 2016
Claims Development [Line Items]
Incurred Claims and Allocated Claims Adjustment Expenses, Net of Reinsurance		$ 29,460	26,130	30,047	30,308	29,685	32,042	33,246	33,548
IBNR	[2]	$ 1,374
Cumulative Number of Reported Claims | Claim		0
Non-Core Operations | Casualty Insurance | Accident Year 2017
Claims Development [Line Items]
Incurred Claims and Allocated Claims Adjustment Expenses, Net of Reinsurance		$ 26,168	31,260	31,077	32,040	31,138	32,097	32,645
IBNR	[2]	$ 1,947
Cumulative Number of Reported Claims | Claim		0
Non-Core Operations | Casualty Insurance | Accident Year 2018
Claims Development [Line Items]
Incurred Claims and Allocated Claims Adjustment Expenses, Net of Reinsurance		$ 34,131	35,067	34,749	31,126	30,168	29,798
IBNR	[2]	$ 2,701
Cumulative Number of Reported Claims | Claim		0
Non-Core Operations | Casualty Insurance | Accident Year 2019
Claims Development [Line Items]
Incurred Claims and Allocated Claims Adjustment Expenses, Net of Reinsurance		$ 37,619	41,398	40,469	36,933	36,892
IBNR	[2]	$ 9,286
Cumulative Number of Reported Claims | Claim		0
Non-Core Operations | Casualty Insurance | Accident Year 2020
Claims Development [Line Items]
Incurred Claims and Allocated Claims Adjustment Expenses, Net of Reinsurance		$ 53,765	57,890	56,041	55,088
IBNR	[2]	$ 19,119
Cumulative Number of Reported Claims | Claim		0
Non-Core Operations | Casualty Insurance | Accident Year 2021
Claims Development [Line Items]
Incurred Claims and Allocated Claims Adjustment Expenses, Net of Reinsurance		$ 81,538	79,396	76,971
IBNR	[2]	43,560
Non-Core Operations | Casualty Insurance | Accident Year 2022
Claims Development [Line Items]
Incurred Claims and Allocated Claims Adjustment Expenses, Net of Reinsurance		114,189	109,182
IBNR	[2]	$ 83,462
Cumulative Number of Reported Claims | Claim		0
Non-Core Operations | Casualty Insurance | Accident Year 2023
Claims Development [Line Items]
Incurred Claims and Allocated Claims Adjustment Expenses, Net of Reinsurance		$ 66,102
IBNR	[2]	$ 58,333
Cumulative Number of Reported Claims | Claim		0
Penn-America Segment | Property Insurance
Claims Development [Line Items]
Incurred Claims and Allocated Claims Adjustment Expenses, Net of Reinsurance		$ 233,372
Penn-America Segment | Property Insurance | Accident Year 2021
Claims Development [Line Items]
Incurred Claims and Allocated Claims Adjustment Expenses, Net of Reinsurance		79,278	80,477	81,703
IBNR	[3]	$ 2,476
Cumulative Number of Reported Claims | Claim		3,599
Penn-America Segment | Property Insurance | Accident Year 2022
Claims Development [Line Items]
Incurred Claims and Allocated Claims Adjustment Expenses, Net of Reinsurance		$ 81,232	80,485
IBNR	[3]	$ 6,979
Cumulative Number of Reported Claims | Claim		3,040
Penn-America Segment | Property Insurance | Accident Year 2023
Claims Development [Line Items]
Incurred Claims and Allocated Claims Adjustment Expenses, Net of Reinsurance		$ 72,862
IBNR	[3]	$ 12,067
Cumulative Number of Reported Claims | Claim		2,339
Penn-America Segment | Casualty Insurance
Claims Development [Line Items]
Incurred Claims and Allocated Claims Adjustment Expenses, Net of Reinsurance		$ 730,248
Penn-America Segment | Casualty Insurance | Accident Year 2014
Claims Development [Line Items]
Incurred Claims and Allocated Claims Adjustment Expenses, Net of Reinsurance		35,632	35,944	37,034	37,336	39,516	41,038	41,530	41,817	42,841	$ 43,587
IBNR	[4]	$ 747
Cumulative Number of Reported Claims | Claim		1,744
Penn-America Segment | Casualty Insurance | Accident Year 2015
Claims Development [Line Items]
Incurred Claims and Allocated Claims Adjustment Expenses, Net of Reinsurance		$ 43,764	45,254	45,439	45,968	48,462	46,958	47,055	46,306	$ 47,299
IBNR	[4]	$ 1,389
Cumulative Number of Reported Claims | Claim		1,774
Penn-America Segment | Casualty Insurance | Accident Year 2016
Claims Development [Line Items]
Incurred Claims and Allocated Claims Adjustment Expenses, Net of Reinsurance		$ 42,166	42,291	42,237	42,798	43,055	44,758	45,230	$ 45,684
IBNR	[4]	$ 1,505
Cumulative Number of Reported Claims | Claim		1,630
Penn-America Segment | Casualty Insurance | Accident Year 2017
Claims Development [Line Items]
Incurred Claims and Allocated Claims Adjustment Expenses, Net of Reinsurance		$ 45,212	45,581	45,071	44,078	44,720	45,970	$ 46,050
IBNR	[4]	$ 2,031
Cumulative Number of Reported Claims | Claim		1,645
Penn-America Segment | Casualty Insurance | Accident Year 2018
Claims Development [Line Items]
Incurred Claims and Allocated Claims Adjustment Expenses, Net of Reinsurance		$ 47,721	47,726	47,175	47,783	48,450	$ 48,830
IBNR	[4]	$ 2,812
Cumulative Number of Reported Claims | Claim		1,993
Penn-America Segment | Casualty Insurance | Accident Year 2019
Claims Development [Line Items]
Incurred Claims and Allocated Claims Adjustment Expenses, Net of Reinsurance		$ 69,013	63,139	61,055	59,384	$ 59,512
IBNR	[4]	$ 6,184
Cumulative Number of Reported Claims | Claim		2,315
Penn-America Segment | Casualty Insurance | Accident Year 2020
Claims Development [Line Items]
Incurred Claims and Allocated Claims Adjustment Expenses, Net of Reinsurance		$ 86,132	75,412	71,693	$ 72,149
IBNR	[4]	$ 12,837
Cumulative Number of Reported Claims | Claim		2,429
Penn-America Segment | Casualty Insurance | Accident Year 2021
Claims Development [Line Items]
Incurred Claims and Allocated Claims Adjustment Expenses, Net of Reinsurance		$ 108,042	96,268	$ 96,705
IBNR	[4]	$ 33,181
Cumulative Number of Reported Claims | Claim		2,998
Penn-America Segment | Casualty Insurance | Accident Year 2022
Claims Development [Line Items]
Incurred Claims and Allocated Claims Adjustment Expenses, Net of Reinsurance		$ 129,796	$ 123,985
IBNR	[4]	$ 72,604
Cumulative Number of Reported Claims | Claim		2,947
Penn-America Segment | Casualty Insurance | Accident Year 2023
Claims Development [Line Items]
Incurred Claims and Allocated Claims Adjustment Expenses, Net of Reinsurance		$ 122,770
IBNR	[4]	$ 100,176
Cumulative Number of Reported Claims | Claim		1,564
[1] Incurred-but-not-reported liabilities plus expected development on reported claims Incurred-but-not-reported liabilities plus expected development on reported claims Incurred-but-not-reported liabilities plus expected development on reported claims Incurred-but-not-reported liabilities plus expected development on reported claims

Supplementary Information about

Supplementary Information about Cumulative Paid Claims and Allocated Claim Adjustment Expenses, Net of Reinsurance (Detail) - USD ($) $ in Thousands	Dec. 31, 2023	Dec. 31, 2022	Dec. 31, 2021	Dec. 31, 2020	Dec. 31, 2019	Dec. 31, 2018	Dec. 31, 2017	Dec. 31, 2016	Dec. 31, 2015	Dec. 31, 2014
Claims Development [Line Items]
Liabilities for unpaid losses and loss adjustment expenses, net of reinsurance	$ 752,613
Non-Core Operations | Property Insurance
Claims Development [Line Items]
Cumulative Paid Claims and Allocated Claim Adjustment Expenses, Net of Reinsurance	309,380
Liabilities for unpaid losses and loss adjustment expenses, net of reinsurance	52,339
Non-Core Operations | Property Insurance | Accident Year 2020
Claims Development [Line Items]
Cumulative Paid Claims and Allocated Claim Adjustment Expenses, Net of Reinsurance	155,690	$ 153,421	$ 148,167	$ 125,136
Non-Core Operations | Property Insurance | Accident Year 2021
Claims Development [Line Items]
Cumulative Paid Claims and Allocated Claim Adjustment Expenses, Net of Reinsurance	102,420	100,865	84,333
Non-Core Operations | Property Insurance | Accident Year 2022
Claims Development [Line Items]
Cumulative Paid Claims and Allocated Claim Adjustment Expenses, Net of Reinsurance	43,468	35,635
Non-Core Operations | Property Insurance | Accident Year 2023
Claims Development [Line Items]
Cumulative Paid Claims and Allocated Claim Adjustment Expenses, Net of Reinsurance	7,802
Non-Core Operations | Property Insurance | All outstanding liabilities before 2020, net of reinsurance
Claims Development [Line Items]
All outstanding liabilities, net of reinsurance	34,927
Non-Core Operations | Casualty Insurance
Claims Development [Line Items]
Cumulative Paid Claims and Allocated Claim Adjustment Expenses, Net of Reinsurance	197,293
Liabilities for unpaid losses and loss adjustment expenses, net of reinsurance	307,912
Non-Core Operations | Casualty Insurance | Accident Year 2015
Claims Development [Line Items]
Cumulative Paid Claims and Allocated Claim Adjustment Expenses, Net of Reinsurance	28,445	28,379	28,231	27,005	$ 26,144	$ 23,354	$ 17,615	$ 11,470	$ 3,979
Non-Core Operations | Casualty Insurance | Accident Year 2016
Claims Development [Line Items]
Cumulative Paid Claims and Allocated Claim Adjustment Expenses, Net of Reinsurance	25,791	23,539	22,005	19,383	18,196	14,495	9,782	4,164
Non-Core Operations | Casualty Insurance | Accident Year 2017
Claims Development [Line Items]
Cumulative Paid Claims and Allocated Claim Adjustment Expenses, Net of Reinsurance	22,904	21,912	20,183	18,263	11,915	7,230	2,633
Non-Core Operations | Casualty Insurance | Accident Year 2018
Claims Development [Line Items]
Cumulative Paid Claims and Allocated Claim Adjustment Expenses, Net of Reinsurance	25,403	23,041	19,773	13,320	6,769	2,063
Non-Core Operations | Casualty Insurance | Accident Year 2019
Claims Development [Line Items]
Cumulative Paid Claims and Allocated Claim Adjustment Expenses, Net of Reinsurance	25,553	21,877	15,271	7,814	2,406
Non-Core Operations | Casualty Insurance | Accident Year 2020
Claims Development [Line Items]
Cumulative Paid Claims and Allocated Claim Adjustment Expenses, Net of Reinsurance	27,235	18,816	12,074	3,346
Non-Core Operations | Casualty Insurance | Accident Year 2021
Claims Development [Line Items]
Cumulative Paid Claims and Allocated Claim Adjustment Expenses, Net of Reinsurance	23,355	11,121	4,820
Non-Core Operations | Casualty Insurance | Accident Year 2022
Claims Development [Line Items]
Cumulative Paid Claims and Allocated Claim Adjustment Expenses, Net of Reinsurance	14,607	4,517
Non-Core Operations | Casualty Insurance | Accident Year 2023
Claims Development [Line Items]
Cumulative Paid Claims and Allocated Claim Adjustment Expenses, Net of Reinsurance	4,000
Non-Core Operations | Casualty Insurance | All outstanding liabilities before 2015, net of reinsurance
Claims Development [Line Items]
All outstanding liabilities, net of reinsurance	32,413
Penn-America Segment | Property Insurance
Claims Development [Line Items]
Cumulative Paid Claims and Allocated Claim Adjustment Expenses, Net of Reinsurance	197,055
Liabilities for unpaid losses and loss adjustment expenses, net of reinsurance	40,877
Penn-America Segment | Property Insurance | Accident Year 2021
Claims Development [Line Items]
Cumulative Paid Claims and Allocated Claim Adjustment Expenses, Net of Reinsurance	74,982	72,804	49,041
Penn-America Segment | Property Insurance | Accident Year 2022
Claims Development [Line Items]
Cumulative Paid Claims and Allocated Claim Adjustment Expenses, Net of Reinsurance	71,530	48,646
Penn-America Segment | Property Insurance | Accident Year 2023
Claims Development [Line Items]
Cumulative Paid Claims and Allocated Claim Adjustment Expenses, Net of Reinsurance	50,543
Penn-America Segment | Property Insurance | All outstanding liabilities before 2021, net of reinsurance
Claims Development [Line Items]
All outstanding liabilities, net of reinsurance	4,560
Penn-America Segment | Casualty Insurance
Claims Development [Line Items]
Cumulative Paid Claims and Allocated Claim Adjustment Expenses, Net of Reinsurance	385,711
Liabilities for unpaid losses and loss adjustment expenses, net of reinsurance	351,485
Penn-America Segment | Casualty Insurance | Accident Year 2014
Claims Development [Line Items]
Cumulative Paid Claims and Allocated Claim Adjustment Expenses, Net of Reinsurance	34,639	34,255	34,020	33,669	31,725	29,152	24,113	17,457	10,583	$ 2,103
Penn-America Segment | Casualty Insurance | Accident Year 2015
Claims Development [Line Items]
Cumulative Paid Claims and Allocated Claim Adjustment Expenses, Net of Reinsurance	41,655	40,596	39,078	37,850	34,932	28,579	20,459	11,999	$ 2,903
Penn-America Segment | Casualty Insurance | Accident Year 2016
Claims Development [Line Items]
Cumulative Paid Claims and Allocated Claim Adjustment Expenses, Net of Reinsurance	39,466	38,597	36,472	33,734	28,601	17,314	11,130	$ 3,478
Penn-America Segment | Casualty Insurance | Accident Year 2017
Claims Development [Line Items]
Cumulative Paid Claims and Allocated Claim Adjustment Expenses, Net of Reinsurance	39,833	36,672	31,766	26,834	19,818	10,286	$ 4,412
Penn-America Segment | Casualty Insurance | Accident Year 2018
Claims Development [Line Items]
Cumulative Paid Claims and Allocated Claim Adjustment Expenses, Net of Reinsurance	41,133	34,019	27,571	17,714	11,622	$ 3,575
Penn-America Segment | Casualty Insurance | Accident Year 2019
Claims Development [Line Items]
Cumulative Paid Claims and Allocated Claim Adjustment Expenses, Net of Reinsurance	51,672	38,153	24,082	12,015	$ 4,818
Penn-America Segment | Casualty Insurance | Accident Year 2020
Claims Development [Line Items]
Cumulative Paid Claims and Allocated Claim Adjustment Expenses, Net of Reinsurance	55,914	33,882	14,672	$ 3,795
Penn-America Segment | Casualty Insurance | Accident Year 2021
Claims Development [Line Items]
Cumulative Paid Claims and Allocated Claim Adjustment Expenses, Net of Reinsurance	44,663	20,405	$ 5,639
Penn-America Segment | Casualty Insurance | Accident Year 2022
Claims Development [Line Items]
Cumulative Paid Claims and Allocated Claim Adjustment Expenses, Net of Reinsurance	29,358	$ 10,346
Penn-America Segment | Casualty Insurance | Accident Year 2023
Claims Development [Line Items]
Cumulative Paid Claims and Allocated Claim Adjustment Expenses, Net of Reinsurance	7,378
Penn-America Segment | Casualty Insurance | All outstanding liabilities before 2014, net of reinsurance
Claims Development [Line Items]
All outstanding liabilities, net of reinsurance	$ 6,948

Supplementary Information of Av

Supplementary Information of Average Historical Claims (Detail)	Dec. 31, 2023
Non-core [Member] | Property Insurance
Short-duration Insurance Contracts, Historical Claims Duration [Line Items]
Average annual percentage payout of incurred claims by age, net of reinsurance year one	76.90%
Average annual percentage payout of incurred claims by age, net of reinsurance year two	15.30%
Average annual percentage payout of incurred claims by age, net of reinsurance year three	2.40%
Average annual percentage payout of incurred claims by age, net of reinsurance year four	1.40%
Non-core [Member] | Casualty Insurance
Short-duration Insurance Contracts, Historical Claims Duration [Line Items]
Average annual percentage payout of incurred claims by age, net of reinsurance year one	8%
Average annual percentage payout of incurred claims by age, net of reinsurance year two	15.30%
Average annual percentage payout of incurred claims by age, net of reinsurance year three	17.30%
Average annual percentage payout of incurred claims by age, net of reinsurance year four	18%
Average annual percentage payout of incurred claims by age, net of reinsurance year five	8%
Average annual percentage payout of incurred claims by age, net of reinsurance year six	6.30%
Average annual percentage payout of incurred claims by age, net of reinsurance year seven	4.40%
Average annual percentage payout of incurred claims by age, net of reinsurance year eight	4.10%
Average annual percentage payout of incurred claims by age, net of reinsurance year nine	0.20%
Penn-America Segment | Property Insurance
Short-duration Insurance Contracts, Historical Claims Duration [Line Items]
Average annual percentage payout of incurred claims by age, net of reinsurance year one	63.70%
Average annual percentage payout of incurred claims by age, net of reinsurance year two	29.10%
Average annual percentage payout of incurred claims by age, net of reinsurance year three	2.70%
Penn-America Segment | Casualty Insurance
Short-duration Insurance Contracts, Historical Claims Duration [Line Items]
Average annual percentage payout of incurred claims by age, net of reinsurance year one	6.90%
Average annual percentage payout of incurred claims by age, net of reinsurance year two	16%
Average annual percentage payout of incurred claims by age, net of reinsurance year three	18.70%
Average annual percentage payout of incurred claims by age, net of reinsurance year four	20.90%
Average annual percentage payout of incurred claims by age, net of reinsurance year five	14.10%
Average annual percentage payout of incurred claims by age, net of reinsurance year six	9.20%
Average annual percentage payout of incurred claims by age, net of reinsurance year seven	5.10%
Average annual percentage payout of incurred claims by age, net of reinsurance year eight	2.20%
Average annual percentage payout of incurred claims by age, net of reinsurance year nine	1.50%
Average annual percentage payout of incurred claims by age, net of reinsurance year ten	1.10%

Reconciliation of Net Incurred

Reconciliation of Net Incurred and Paid Claims Development Tables to Liability for Unpaid Losses and Loss Adjustment Expenses in Consolidated Balance Sheets (Detail) - USD ($) $ in Thousands	Dec. 31, 2023	Dec. 31, 2022	Dec. 31, 2021	Dec. 31, 2020
Short-duration Insurance Contracts, Reconciliation of Claims Development to Liability [Line Items]
Liabilities for unpaid losses and loss adjustment expenses, net of reinsurance	$ 752,613
Reinsurance recoverable on unpaid claims	72,831
Total other outstanding liabilities	25,155
Total gross liability for unpaid losses and loss adjustment expenses	850,599	$ 832,404	$ 759,904	$ 662,811
Non-Core Operations
Short-duration Insurance Contracts, Reconciliation of Claims Development to Liability [Line Items]
Ceded Allowance	8,992
Unallocated claims adjustment expenses	7,016
Other	(1,626)
Non-Core Operations | Property Insurance
Short-duration Insurance Contracts, Reconciliation of Claims Development to Liability [Line Items]
Liabilities for unpaid losses and loss adjustment expenses, net of reinsurance	52,339
Reinsurance recoverable on unpaid claims	22,100
Non-Core Operations | Casualty Insurance
Short-duration Insurance Contracts, Reconciliation of Claims Development to Liability [Line Items]
Liabilities for unpaid losses and loss adjustment expenses, net of reinsurance	307,912
Reinsurance recoverable on unpaid claims	24,446
Penn-America
Short-duration Insurance Contracts, Reconciliation of Claims Development to Liability [Line Items]
Ceded Allowance	0
Unallocated claims adjustment expenses	11,654
Loss Clearing	(881)
Penn-America | Property Insurance
Short-duration Insurance Contracts, Reconciliation of Claims Development to Liability [Line Items]
Liabilities for unpaid losses and loss adjustment expenses, net of reinsurance	40,877
Reinsurance recoverable on unpaid claims	3,592
Penn-America | Casualty Insurance
Short-duration Insurance Contracts, Reconciliation of Claims Development to Liability [Line Items]
Liabilities for unpaid losses and loss adjustment expenses, net of reinsurance	351,485
Reinsurance recoverable on unpaid claims	$ 22,693

Debt - Additional Information (

Debt - Additional Information (Detail) - USD ($)		12 Months Ended
	Apr. 15, 2022	Dec. 31, 2023	Dec. 31, 2022	Dec. 31, 2021
Debt Instrument [Line Items]
Interest expense		$ 0	$ 3,004,000	$ 10,481,000
Redemption of aggregate principal amount		0	130,000,000	0
Loss on extinguishment of debt		0	(3,529,000)	0
7.875% Subordinated Notes due 2047
Debt Instrument [Line Items]
Interest expense		$ 0	3,000,000	$ 10,400,000
Redemption of aggregate principal amount	$ 130,000,000
Subordinated Notes due date	2047
Loss on extinguishment of debt			$ 3,500,000
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.

Leases - Additional Information

Leases - Additional Information (Detail) - USD ($) $ in Thousands		12 Months Ended
		Dec. 31, 2023		Dec. 31, 2022	Dec. 31, 2021
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
Impairment of lease cost		$ 0		$ 1,337	$ 1,515
Lease liabilities		12,733	[1]	15,701
Payments of sublease expected amount	[2]	$ 331		$ 331	$ 55
Minimum [Member]
Lessee Lease Description [Line Item]
Operating lease, remaining lease term		3 months
Maximum
Lessee Lease Description [Line Item]
Operating lease, remaining lease term		6 years
[1] Includes future minimum lease payments of $ 3.2 million on leases that have been impaired because the property is no longer in use. In connection with the sale of the renewal rights related to the Company's manufactured and dwelling homes business, K2 is subleasing approximately one third of the Company's Scottsdale, Arizona office. The Company intends to exercise its early termination clause in the Scottsdale, Arizona lease and expects to receive $ 1.6 million in sublease payments between October 2021 through October 2026.

Schedule of Impairments Losses

Schedule of Impairments Losses Recognized on Leases (Detail) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2023	Dec. 31, 2022	Dec. 31, 2021
Lessee, Lease, Description [Line Items]
Total lease impairment	$ 0	$ 1,337	$ 1,515
Scottsdale Arizona Building and Parking | Corporate and Other Operating Expenses
Lessee, Lease, Description [Line Items]
Total lease impairment	0	0	1,515
Scottsdale Arizona Building and Parking | Acquisition Costs and Other Underwriting Expenses
Lessee, Lease, Description [Line Items]
Total lease impairment	0	681	0
Omaha Nebraska Building and Parking | Acquisition Costs and Other Underwriting Expenses
Lessee, Lease, Description [Line Items]
Total lease impairment	0	488	0
Cavan Ireland [Member] | Acquisition Costs and Other Underwriting Expenses
Lessee, Lease, Description [Line Items]
Total lease impairment	$ 0	$ 168	$ 0

Components of Lease Expenses (D

Components of Lease Expenses (Detail) - USD ($) $ in Thousands		12 Months Ended
		Dec. 31, 2023	Dec. 31, 2022	Dec. 31, 2021
Leases [Abstract]
Operating lease expenses		$ 2,052	$ 2,372	$ 2,789
Short-term lease expenses		12	15	8
Sublease income	[1]	(331)	(331)	(55)
Total lease expenses		$ 1,733	$ 2,056	$ 2,742
[1] In connection with the sale of the renewal rights related to the Company's manufactured and dwelling homes business, K2 is subleasing approximately one third of the Company's Scottsdale, Arizona office. The Company intends to exercise its early termination clause in the Scottsdale, Arizona lease and expects to receive $ 1.6 million in sublease payments between October 2021 through October 2026.

Components of Lease Expenses (P

Components of Lease Expenses (Parenthetical) (Detail) $ in Millions	12 Months Ended
	Dec. 31, 2023 USD ($)
Leases [Abstract]
Sublease payments received	$ 1.6

Schedule of Supplemental Cash F

Schedule of Supplemental Cash Flow Information Related To Leases (Detail) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2023	Dec. 31, 2022	Dec. 31, 2021
Cash paid for amounts included in the measurement of liabilities:
Operating leases	$ 1,852	$ 2,056	$ 2,797
Right-of-use assets obtained in exchange for new lease obligations:
Operating leases	$ 0	$ 0	$ 783

Schedule of Supplemental Balanc

Schedule of Supplemental Balance Sheet Information Related to Leases (Detail) - USD ($) $ in Thousands		Dec. 31, 2023		Dec. 31, 2022
ASSETS
Lease right of use assets		$ 9,715		$ 11,739
Operating Lease, Right-of-Use Asset, Statement of Financial Position [Extensible List]		Lease right of use assets
Liabilities:
Lease liabilities		$ 12,733	[1]	$ 15,701
Operating Lease, Liability, Statement of Financial Position [Extensible List]		Lease liabilities
Weighted-average remaining lease term
Operating leases		5 years		6 years 7 months 6 days
Weighted-average discount rate
Operating leases	[2]	0.80%		0.90%
[1] Includes future minimum lease payments of $ 3.2 million on leases that have been impaired because the property is no longer in use. 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		Dec. 31, 2023		Dec. 31, 2022
Leases [Abstract]
Operating leases, 2024	[1]	$ 2,729
Operating leases, 2025	[1]	2,794
Operating leases, 2026	[1]	2,650
Operating leases, 2027	[1]	1,591
Operating leases, 2028	[1]	1,611
Operating leases, thereafter	[1]	1,631
Total future minimum lease payments	[1]	13,006
Less: amount representing interest	[1]	273
Present value of minimum lease payments		12,733	[1]	$ 15,701
Expected sublease income, 2024		297
Expected sublease income, 2025		388
Expected sublease income, 2026		342
Expected sublease income, 2027		0
Expected sublease income, 2028		0
Expected sublease income, thereafter		0
Total future minimum lease payments		1,027
Less: amount representing interest		0
Present value of minimum lease payments		$ 1,027
[1] Includes future minimum lease payments of $ 3.2 million on leases that have been impaired because the property is no longer in use.

Future Minimum Lease Payments_2

Future Minimum Lease Payments Under Non-cancelable Operating Leases (Parenthetical) (Detail) $ in Millions	12 Months Ended
	Dec. 31, 2023 USD ($)
Leases [Abstract]
Impairment of leases on property no longer in use	$ 3.2

Shareholders' Equity - Addition

Shareholders' Equity - Additional Information (Detail)			12 Months Ended
	Nov. 14, 2022 shares	Oct. 21, 2022 USD ($)	Dec. 31, 2023 USD ($) Stockholder $ / shares shares		Dec. 31, 2022 USD ($) $ / shares shares		Dec. 31, 2021 USD ($) $ / shares shares	Mar. 06, 2024 $ / shares	Jun. 08, 2023 USD ($)	Jan. 03, 2023 USD ($)
Equity [Line Items]
Dividend declared, per share | $ / shares			$ 1		$ 1		$ 1
Dividend payable, per share | $ / shares			$ 0.25		$ 0.25		$ 0.25
Distribution paid to preferred shareholders | $			$ 400,000		$ 400,000		$ 400,000
Accrued distributions | $			300,000		$ 1,100,000
Stock repurchase program expiration date		Dec. 31, 2027
Treasury stock acquired book value per share increased | $ / shares					$ 1.69
Subsequent Event
Equity [Line Items]
Dividend payable, per share | $ / shares								$ 0.35
Maximum
Equity [Line Items]
Accrued preferred distributions | $			$ 100,000		$ 100,000
Series A Preferred Interest
Equity [Line Items]
Number of shareholders | Stockholder			1
Class A Common Shares
Equity [Line Items]
Conversion of stock number of shares issued | shares	153,594
Shares surrendered, repurchased or redeemed | shares			468,860	[1]	923,036	[2]
Voting rights			one
Number of shareholders | Stockholder			140
Stock repurchase program, authorized amount | $		$ 32,000,000	$ 135,000,000		$ 32,000,000				$ 135,000,000	$ 60,000,000
Price per share | $ / shares			$ 27.04	[1]	$ 24.20	[2]
Class B Common Shares
Equity [Line Items]
Shares surrendered, repurchased or redeemed | shares			0		0
Voting rights			ten
Class B Common Shares | Fox Paine Entities
Equity [Line Items]
Number of shareholders | Stockholder			2
Treasury Stock Common | Share Repurchase Program
Equity [Line Items]
Stock repurchase program, number of shares purchased | shares			1,357,082
Stock repurchase program, value of shares purchased | $			$ 34,000,000
Price per share | $ / shares			$ 25.05
Treasury Stock Common | Directors
Equity [Line Items]
Shares issued, price per share | $ / shares					$ 24.17
Treasury Shares Reissued to Director of Global Indemnity Group, LLC | shares					138,151
Treasury Stock Common | Class A Common Shares
Equity [Line Items]
Stock repurchase program, number of shares purchased | shares			468,860		923,036		17,318
Stock repurchase program, value of shares purchased | $			$ 12,677,000		$ 22,335,000		$ 490,000
Treasury Stock Common | Class A Common Shares | Directors
Equity [Line Items]
Stock repurchase program, number of shares purchased | shares			0		(138,151)		0
Stock repurchase program, value of shares purchased | $			$ 0		$ (3,339,000)		$ 0
Employee Stock | Treasury Stock Common | Class A Common Shares
Equity [Line Items]
Stock repurchase program, number of shares purchased | shares			18,860		15,954		17,318
Stock repurchase program, value of shares purchased | $			$ 600,000		$ 400,000		$ 500,000
[1] Based on settlement date. Based on settlement date.

Schedule of Dividends & Distrib

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

12 Months Ended

Dec. 29, 2023

Dec. 07, 2023

Oct. 16, 2023

Sep. 28, 2023

Jun. 30, 2023

Jun. 01, 2023

Mar. 31, 2023

Mar. 02, 2023

Dec. 30, 2022

Dec. 08, 2022

Oct. 11, 2022

Sep. 23, 2022

Jun. 30, 2022

Jun. 02, 2022

Mar. 31, 2022

Mar. 03, 2022

Dec. 31, 2021

Dec. 04, 2021

Sep. 30, 2021

Sep. 11, 2021

Jun. 30, 2021

Jun. 05, 2021

Mar. 31, 2021

Feb. 14, 2021

Dec. 31, 2023

Dec. 31, 2022

Dec. 31, 2021

Dividends Payable [Line Items]

Approval Date

Dec. 07, 2023

Sep. 28, 2023

Jun. 01, 2023

Mar. 02, 2023

Dec. 08, 2022

Sep. 23, 2022

Jun. 02, 2022

Mar. 03, 2022

Dec. 04, 2021

Sep. 11, 2021

Jun. 05, 2021

Feb. 14, 2021

Record Date

Dec. 22, 2023

Oct. 09, 2023

Jun. 23, 2023

Mar. 24, 2023

Dec. 23, 2022

Oct. 04, 2022

Jun. 20, 2022

Mar. 21, 2022

Dec. 20, 2021

Sep. 23, 2021

Jun. 21, 2021

Mar. 22, 2021

Payment Date

Dec. 29, 2023

Oct. 16, 2023

Jun. 30, 2023

Mar. 31, 2023

Dec. 30, 2022

Oct. 11, 2022

Jun. 30, 2022

Mar. 31, 2022

Dec. 31, 2021

Sep. 30, 2021

Jun. 30, 2021

Mar. 31, 2021

Payment of dividends

$ 3,385

$ 3,385

$ 3,375

$ 3,410

$ 3,389

$ 3,616

$ 3,602

$ 3,597

$ 3,587

$ 3,583

$ 3,579

$ 3,570

$ 13,469

$ 14,543

$ 14,578

Unvested Shares, Net of Forfeitures

Dividends Payable [Line Items]

Approval Date

Various

[1]

Various

[2]

Various

[3]

Record Date

Various

Various

Various

Payment Date

Various

Various

Various

Payment of dividends

$ (86)

$ 339

$ 259

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

Information with Respect to Cla

Information with Respect to Class A Common Shares that were Surrendered, Repurchased or Redeemed (Detail) - Class A Common Shares - USD ($)		12 Months Ended
		Dec. 31, 2023		Dec. 31, 2022
Equity, Class of Treasury Stock [Line Items]
Total Number of Shares Purchased or Redeemed		468,860	[1]	923,036	[2]
Average Price Paid Per Share		$ 27.04	[1]	$ 24.20	[2]
Total Number of Shares Purchased as Part of Publicly Announced Plan or Program		450,000	[1]	907,082	[2]
January 1-31, 2022
Equity, Class of Treasury Stock [Line Items]
Total Number of Shares Purchased or Redeemed	[2],[3]			4,781
Average Price Paid Per Share	[2]			$ 25.13
Total Number of Shares Purchased as Part of Publicly Announced Plan or Program	[2]			0
Approximate Dollar Value of Shares that May Yet Be Purchased Under the Plans or Programs	[2],[4]			$ 0
June 1-30, 2022
Equity, Class of Treasury Stock [Line Items]
Total Number of Shares Purchased or Redeemed	[2],[3]			11,173
Average Price Paid Per Share	[2]			$ 26.28
Total Number of Shares Purchased as Part of Publicly Announced Plan or Program	[2]			0
Approximate Dollar Value of Shares that May Yet Be Purchased Under the Plans or Programs	[2],[4]			$ 0
October 1-31, 2022
Equity, Class of Treasury Stock [Line Items]
Total Number of Shares Purchased or Redeemed	[2],[5]			200,000
Average Price Paid Per Share	[2]			$ 23.49
Total Number of Shares Purchased as Part of Publicly Announced Plan or Program	[2]			200,000
Approximate Dollar Value of Shares that May Yet Be Purchased Under the Plans or Programs	[2],[4]			$ 27,302,000
November 1-30, 2022
Equity, Class of Treasury Stock [Line Items]
Total Number of Shares Purchased or Redeemed	[2],[5]			250,000
Average Price Paid Per Share	[2]			$ 24.5
Total Number of Shares Purchased as Part of Publicly Announced Plan or Program	[2]			250,000
Approximate Dollar Value of Shares that May Yet Be Purchased Under the Plans or Programs	[2],[4]			$ 21,177,000
December 1-31, 2022
Equity, Class of Treasury Stock [Line Items]
Total Number of Shares Purchased or Redeemed	[2],[5]			457,082
Average Price Paid Per Share	[2]			$ 24.28
Total Number of Shares Purchased as Part of Publicly Announced Plan or Program	[2]			457,082
Approximate Dollar Value of Shares that May Yet Be Purchased Under the Plans or Programs	[2],[4]			$ 10,079,066
January 1-31, 2023
Equity, Class of Treasury Stock [Line Items]
Total Number of Shares Purchased or Redeemed	[1],[6]	3,302
Average Price Paid Per Share	[1]	$ 23.31
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],[7]	$ 0
January 1-31, 2023 | $135 Million Share Repurchase Program
Equity, Class of Treasury Stock [Line Items]
Total Number of Shares Purchased or Redeemed	[1],[8]	250,000
Average Price Paid Per Share	[1]	$ 25.9
Total Number of Shares Purchased as Part of Publicly Announced Plan or Program	[1]	250,000
Approximate Dollar Value of Shares that May Yet Be Purchased Under the Plans or Programs	[1],[7]	$ 106,604,066
April 1-30, 2023 | $135 Million Share Repurchase Program
Equity, Class of Treasury Stock [Line Items]
Total Number of Shares Purchased or Redeemed	[1],[8]	200,000
Average Price Paid Per Share	[1]	$ 28
Total Number of Shares Purchased as Part of Publicly Announced Plan or Program	[1]	200,000
Approximate Dollar Value of Shares that May Yet Be Purchased Under the Plans or Programs	[1],[7]	$ 101,004,066
June 1-30, 2023 | Employee
Equity, Class of Treasury Stock [Line Items]
Total Number of Shares Purchased or Redeemed	[1],[6]	15,558
Average Price Paid Per Share	[1]	$ 33.74
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],[7]	$ 101,004,066
[1] Based on settlement date. Based on settlement date. Surrendered by employees as payment of taxes withheld on the vesting of restricted stock and/or restricted stock units. Based on the $ 32 million share repurchase authorization. Purchased as part of the stock repurchase program which commenced in 4th quarter of 2022. Surrendered by employees as payment of taxes withheld on the vesting of restricted stock and/or restricted stock units. Based on the $ 135 million share repurchase authorization. Purchased as part of the stock repurchase program which commenced in 4th quarter of 2022.

Information with Respect to C_2

Information with Respect to Class A Common Shares that were Surrendered, Repurchased or Redeemed (Parenthetical) (Detail) - USD ($)	Dec. 31, 2023	Jun. 08, 2023	Jan. 03, 2023	Dec. 31, 2022	Oct. 21, 2022
Class A Common Shares
Equity, Class of Treasury Stock [Line Items]
Stock repurchase program, authorized amount	$ 135,000,000	$ 135,000,000	$ 60,000,000	$ 32,000,000	$ 32,000,000

Related Party Transactions - Ad

Related Party Transactions - Additional Information (Detail) - USD ($)		4 Months Ended	12 Months Ended
	Aug. 27, 2020	Dec. 31, 2023	Dec. 31, 2023	Dec. 31, 2022	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		83.80%	83.80%
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	$ 4,000,000
Fox Paine and Company
Related Party Transaction [Line Items]
Restated management agreement date			Aug. 28, 2020
Current annual service fee		$ 3,200,000
Management fees			$ 3,100,000	$ 2,900,000	$ 2,700,000
Prepaid management fees		$ 2,100,000	$ 2,100,000	$ 2,100,000

Commitments and Contingencies -

Commitments and Contingencies - Additional Information (Detail) - USD ($) $ in Thousands	Dec. 31, 2023	Dec. 31, 2022	Dec. 31, 2014
Commitments and Contingencies [Line Items]
Commitment to purchase alternative investment			$ 50,000
Future Funding Commitments	$ 14,214	$ 14,214
European Non-Performing Loan Fund, LP
Commitments and Contingencies [Line Items]
Funded commitment amount	35,800
Unfunded Commitments | European Non-Performing Loan Fund, LP
Commitments and Contingencies [Line Items]
Future Funding Commitments	$ 14,200

Share-Based Compensation Plan_2

Share-Based Compensation Plans - Additional Information (Detail) - USD ($)		12 Months Ended			216 Months Ended	252 Months Ended
	Oct. 21, 2022	Dec. 31, 2023	Dec. 31, 2022	Dec. 31, 2021	Dec. 31, 2020	Dec. 31, 2023	Jun. 14, 2023
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Stock options awarded		0	200,000	140,000
Options forfeited		646,667	46,666	446,667
Average strike price per share		$ 0	$ 20.77	$ 28.7
Compensation expense, options		$ 200,000	$ 300,000	$ (1,100,000)
Proceed from exercise of options		$ 0	$ 0	$ 0
Fair value of share		$ 32.24				$ 32.24
Weighted average fair value of options granted		$ 0	$ 2.98	$ 6.95
Number of Penn-Patriot book value appreciation rights granted		0	0			0
BVAR Compensation expense		$ 0		$ 2,300,000
BVAR Accrued compensation expense		$ 0	$ 0			$ 0
Number of Penn-Patriot book value rights granted		177,045	179,096	131,438
Number of Penn-Patriot book value rights cliff vesting			69,034	97,432
Penn-Patriot book value rights cliff vesting period			3 years	3 years
Penn-Patriot book value rights compensation expense		$ 600,000	$ 800,000	$ 100,000
Penn-Patriot book value rights accrued compensation expense		$ 1,300,000	$ 700,000			1,300,000
Share-based Compensation Award, Tranche 1
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Vesting date		Mar. 03, 2025
Number of Penn-Patriot book value appreciation rights granted				2,500,000
Aggregate Initial Notional Value				5%
Penn-Patriot book value vesting, number			34,463	34,006
Penn-Patriot book value vesting rights, percentage		50%		50%
Penn-Patriot book value payment rights, percentage				50%
Penn-Patriot book value payment date				January 2024
Penn-Patriot book value vesting date			Dec. 31, 2024	Oct. 26, 2022
Share-based Compensation Award, Tranche 2
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Vesting date		Mar. 03, 2026	Apr. 18, 2025
Number of Penn-Patriot book value appreciation rights granted				400,000
Aggregate Initial Notional Value				0.80%
Penn-Patriot book value vesting, number			20,855
Penn-Patriot book value vesting rights, percentage		50%	50%
Share-based Compensation Award, Tranche 3
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Vesting date			Apr. 18, 2027
Penn-Patriot book value vesting rights, percentage			50%
Share-based Compensation Award, Tranche 4
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Stock options, vested and expected to vest			54,745
Vesting date			Jan. 01, 2023
Penn-Patriot book value vesting rights, percentage			16.50%
Share-based Payment Arrangement, Tranche 5
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Vesting date			Jan. 01, 2024
Penn-Patriot book value vesting rights, percentage			16.50%
Share-based Compensation Award, Tranche 6
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Vesting date			Jan. 01, 2025
Penn-Patriot book value vesting rights, percentage			17%
Share-based Compensation Award, Tranche 7
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Vesting date			Mar. 15, 2026
Penn-Patriot book value vesting rights, percentage			50%
Share-based Compensation Award, Tranche 8
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Vesting date			Mar. 15, 2026
Penn-Patriot book value vesting rights, percentage			100%
Chief Executive Officer
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Stock options awarded	200,000
Exercisable period	7 years
Chief Executive Officer | Share-based Compensation Award, Tranche 1
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Percentage of shares vested on each anniversary of the grant date	25%
Vesting date	Nov. 01, 2022
Chief Executive Officer | Share-based Compensation Award, Tranche 2
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Percentage of shares vested on each anniversary of the grant date	25%
Vesting date	Feb. 01, 2023
Chief Executive Officer | Share-based Compensation Award, Tranche 3
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Percentage of shares vested on each anniversary of the grant date	25%
Vesting date	May 01, 2023
Chief Executive Officer | Share-based Compensation Award, Tranche 4
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Percentage of shares vested on each anniversary of the grant date	25%
Vesting date	Aug. 01, 2023
Performance Based Stock Options
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Stock options awarded		0	0	140,000
Options forfeited		46,667	46,666	146,667
Time Based Option Award
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Stock options awarded		0	200,000	0
Options forfeited		600,000	0	300,000
Restricted Stock
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Compensation expense, restricted stock		$ 2,700,000	$ 2,000,000	$ 2,500,000
Unrecognized compensation expense for non-vested restricted stock		$ 0				$ 0
Restricted Stock Awards		91,088	97,260	83,199	1,919,177	2,190,724
Weighted average fair value per share		$ 29.83	$ 25.08	$ 27.24
Shares vested		0	100,975	101,048
Restricted Stock | Key Employees
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Restricted Stock Awards		0	0	0	1,171,576	1,171,576
Restricted Stock | Non Employee Director
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Restricted Stock Awards		91,088	97,260	83,199
Weighted average fair value per share		$ 29.83	$ 25.08	$ 27.24
Shares vested		157,139
Vesting date		Jan. 13, 2023
Restricted Stock Units
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Compensation expense, restricted stock		$ 500,000	$ 1,500,000	$ 900,000
Unrecognized compensation expense for non-vested restricted stock		$ 100,000				$ 100,000
Weighted average life of non-vested restricted stock unit		6 months
Restricted Stock Awards		0	0	0	378,403	378,403
Weighted average fair value per share		$ 0	$ 0	$ 0
Shares vested		61,652	47,633	44,245
Restricted Stock Units | Key Employees
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Restricted Stock Awards		0	0	0	336,736	336,736
2023 Share Incentive Plan | Class A Common Shares
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Share-Based Compensation Arrangement by Share-Based Payment Award, Number of Shares Authorized							2,500,000

Summary of Award Activity for S

Summary of Award Activity for Stock Options Granted and Weighted Average Exercise Price Per Share (Detail) - $ / shares		12 Months Ended
		Dec. 31, 2023		Dec. 31, 2022	Dec. 31, 2021
Options
Options outstanding, beginning balance		846,667		693,333	1,000,000
Options issued		0		200,000	140,000
Options forfeited		(646,667)		(46,666)	(446,667)
Options exercised		0	[1]	0	0
Options expired		0		0	0
Options purchased by the Company		0		0	0
Options outstanding, ending balance		200,000	[2]	846,667	693,333
Options exercisable at December 31	[2]	200,000
Weighted Average Exercise Price Per Share
Weighted average exercise price per share, beginning balance		$ 30.54		$ 33.23	$ 40.04
Options issued		0		20.77	28.7
Options forfeited		33.56		28.7	47.06
Options exercised		0	[1]	0	0
Options expired		0		0	0
Options purchased by the Company		0		0	0
Weighted average exercise price per share, ending balance		20.77	[2]	$ 30.54	$ 33.23
Options exercisable at December 31, 2022	[2]	$ 20.77
Time Based Option Award
Options
Options outstanding, beginning balance		800,000		600,000	900,000
Options issued		0		200,000	0
Options forfeited		(600,000)		0	(300,000)
Options exercised		0		0	0
Options expired		0		0	0
Options purchased by the Company		0		0	0
Options outstanding, ending balance		200,000	[2]	800,000	600,000
Options exercisable at December 31	[2]	200,000
Performance Based Stock Options
Options
Options outstanding, beginning balance		46,667		93,333	100,000
Options issued		0		0	140,000
Options forfeited		(46,667)		(46,666)	(146,667)
Options exercised		0		0	0
Options expired		0		0	0
Options purchased by the Company		0		0	0
Options outstanding, ending balance		0	[2]	46,667	93,333
Options exercisable at December 31	[2]	0
[1] The intrinsic value of the exercised options is the difference between the fair market value at time of exercise and the strike price of the option. Represents stock options granted to the Company's Chief Executive Officer. See note below under Chief Executive Officer for additional information.

Option Intrinsic Values (Detail

Option Intrinsic Values (Detail) - USD ($) $ / shares in Units, $ in Millions		12 Months Ended
		Dec. 31, 2023		Dec. 31, 2022	Dec. 31, 2021	Dec. 31, 2020
Share-Based Payment Arrangement [Abstract]
Outstanding		200,000	[1]	846,667	693,333	1,000,000
Exercisable	[1]	200,000
Exercised		0	[2]	0	0
Outstanding		$ 20.77	[1]	$ 30.54	$ 33.23	$ 40.04
Exercisable	[1]	20.77
Exercised		$ 0	[2]	$ 0	$ 0
Outstanding		$ 2.3
Exercisable		2.3
Exercised	[2]	$ 0
[1] Represents stock options granted to the Company's Chief Executive Officer. See note below under Chief Executive Officer for additional information. The intrinsic value of the exercised options is the difference between the fair market value at time of exercise and the strike price of the option.

Significant Assumptions Used To

Significant Assumptions Used To Estimate Fair Value of Stock Options Granted Using Black Scholes Option Pricing Model (Detail)	12 Months Ended
	Dec. 31, 2022	Dec. 31, 2021
Share-Based Payment Arrangement [Abstract]
Dividend yield	2%	2%
Expected volatility	22.56%	38.64%
Risk-free interest rate	4.49%	0.20%
Expected option life	2 years	3 years 6 months

Summary of Range of Exercise Pr

Summary of Range of Exercise Prices of Options Outstanding (Detail) - $ / shares	12 Months Ended
	Dec. 31, 2023	Dec. 31, 2022	Dec. 31, 2021
Share-based Compensation, Shares Authorized under Stock Option Plans, Exercise Price Range [Line Items]
Options outstanding	200,000	846,667	693,333
Exercise Price Range One
Share-based Compensation, Shares Authorized under Stock Option Plans, Exercise Price Range [Line Items]
Ranges of Exercise Prices, minimum		$ 15	$ 15
Ranges of Exercise Prices, maximum		$ 19.99	$ 19.99
Options outstanding		300,000	300,000
Weighted Average Per Share Exercise Price		$ 17.87	$ 17.87
Weighted Average Remaining Life		0 years	0 years
Exercise Price Range Two
Share-based Compensation, Shares Authorized under Stock Option Plans, Exercise Price Range [Line Items]
Ranges of Exercise Prices, minimum	$ 20	$ 20
Ranges of Exercise Prices, maximum	$ 24.99	$ 24.99
Options outstanding	200,000	200,000
Weighted Average Per Share Exercise Price	$ 20.77	$ 20.77
Weighted Average Remaining Life	5 years 9 months 18 days	6 years 9 months 18 days
Exercise Price Range Three
Share-based Compensation, Shares Authorized under Stock Option Plans, Exercise Price Range [Line Items]
Ranges of Exercise Prices, minimum		$ 25	$ 25
Ranges of Exercise Prices, maximum		$ 39.99	$ 39.99
Options outstanding		46,667	93,333
Weighted Average Per Share Exercise Price		$ 28.70	$ 28.70
Weighted Average Remaining Life		8 years 1 month 6 days	9 years
Exercise Price Range Four
Share-based Compensation, Shares Authorized under Stock Option Plans, Exercise Price Range [Line Items]
Ranges of Exercise Prices, minimum		$ 50	$ 50
Ranges of Exercise Prices, maximum		$ 59.99	$ 59.99
Options outstanding		300,000	300,000
Weighted Average Per Share Exercise Price		$ 50	$ 50
Weighted Average Remaining Life		5 years	6 years

Summary of Restricted Stock Gra

Summary of Restricted Stock Grants Since Inception (Detail) - Restricted Stock - shares	12 Months Ended			216 Months Ended	252 Months Ended
	Dec. 31, 2023	Dec. 31, 2022	Dec. 31, 2021	Dec. 31, 2020	Dec. 31, 2023
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Restricted Stock Awards	91,088	97,260	83,199	1,919,177	2,190,724
Key Employees
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Restricted Stock Awards	0	0	0	1,171,576	1,171,576
Directors
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Restricted Stock Awards	91,088	97,260	83,199	747,601	1,019,148

Summary of Non-Vested Restricte

Summary of Non-Vested Restricted Shares Activity (Detail) - Restricted Stock - $ / shares	12 Months Ended			216 Months Ended	252 Months Ended
	Dec. 31, 2023	Dec. 31, 2022	Dec. 31, 2021	Dec. 31, 2020	Dec. 31, 2023
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Non-vested restricted shares/units, beginning balance	0	14,639	35,403
Shares/Units issued	91,088	97,260	83,199	1,919,177	2,190,724
Shares/Units vested	0	(100,975)	(101,048)
Shares/Units forfeited	(91,088)	(10,924)	(2,915)
Non-vested restricted shares/units, ending balance	0	0	14,639	35,403	0
Weighted Average Price Per Share
Weighted average price per share, beginning balance	$ 0	$ 36.23	$ 38.45
Shares/Units issued	29.83	25.08	27.24
Shares/Units vested	0	25.49	29.59
Shares/Units forfeited	$ 29.83	36.23	36.58
Weighted average price per share, ending balance		$ 0	$ 36.23	$ 38.45

Summary of Restricted Stock Uni

Summary of Restricted Stock Unit Grants Since Inception (Detail) - Restricted Stock Units - shares	12 Months Ended			216 Months Ended	252 Months Ended
	Dec. 31, 2023	Dec. 31, 2022	Dec. 31, 2021	Dec. 31, 2020	Dec. 31, 2023
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Restricted Stock Awards	0	0	0	378,403	378,403
Key Employees
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Restricted Stock Awards	0	0	0	336,736	336,736
Directors
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Restricted Stock Awards	0	0	0	41,667	41,667

Summary of Non-Vested Restric_2

Summary of Non-Vested Restricted Units Activity (Detail) - Restricted Stock Units - $ / shares	12 Months Ended			216 Months Ended	252 Months Ended
	Dec. 31, 2023	Dec. 31, 2022	Dec. 31, 2021	Dec. 31, 2020	Dec. 31, 2023
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Non-vested restricted shares/units, beginning balance	127,838	227,356	315,026
Shares/Units issued	0	0	0	378,403	378,403
Shares/Units vested	(61,652)	(47,633)	(44,245)
Shares/Units forfeited	(14,893)	(51,885)	(43,425)
Non-vested restricted shares/units, ending balance	51,293	127,838	227,356	315,026	51,293
Weighted Average Price Per Share
Weighted average price per share, beginning balance	$ 30.53	$ 30.33	$ 30.26
Shares/Units issued	0	0	0
Shares/Units vested	30.43	30.35	30.08
Shares/Units forfeited	30.18	29.82	30.06
Weighted average price per share, ending balance	$ 30.75	$ 30.53	$ 30.33	$ 30.26	$ 30.75

401(k) Plan - Additional Inform

401(k) Plan - Additional Information (Detail) - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2023	Dec. 31, 2022	Dec. 31, 2021
Retirement Benefits [Abstract]
Employer's matching contribution percentage on first 6% contributed by employee to a defined contribution plan	100%
Maximum percentage of employee's earnings that the company may contribute to the defined contribution plan	6%
Defined benefit plan expense	$ 1.6	$ 2	$ 1.9

Computation of Basic and Dilute

Computation of Basic and Diluted Earnings Per Share (Detail) - USD ($) $ / shares in Units, $ in Thousands		12 Months Ended
		Dec. 31, 2023	Dec. 31, 2022	Dec. 31, 2021
Numerator:
Net income (loss)		$ 25,429	$ (850)	$ 29,354
Less: preferred stock distributions		440	440	440
Net income (loss) available to common shareholders		$ 24,989	$ (1,290)	$ 28,914
Denominator:
Weighted average shares for basic earnings per share		13,553,168	14,482,164	14,426,739
Weighted average shares for diluted earnings per share		13,666,408	14,482,164	14,664,330
Basic	[1]	$ 1.84	$ (0.09)	$ 2
Diluted	[1]	$ 1.83	$ (0.09)	$ 1.97
Restricted Stock
Denominator:
Non-vested restricted stock, units and options		0	0	11,016
Restricted Stock Units
Denominator:
Non-vested restricted stock, units and options		49,616	0	120,936
Stock Options
Denominator:
Non-vested restricted stock, units and options		63,624	0	105,639
[1] For the year ended December 31, 2022, “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	12 Months Ended
	Dec. 31, 2023	Dec. 31, 2022	Dec. 31, 2021
Antidilutive Securities Excluded From Computation Of Earnings Per Share [Line Items]
Incremental shares included in calculation of diluted EPS		14,644,274
Stock Options
Antidilutive Securities Excluded From Computation Of Earnings Per Share [Line Items]
Shares excluded from calculation of diluted earnings per share	0	346,667	393,333
Restricted Stock Units Diluted
Antidilutive Securities Excluded From Computation Of Earnings Per Share [Line Items]
Restricted stock units and options		74,987
Stock Options Diluted
Antidilutive Securities Excluded From Computation Of Earnings Per Share [Line Items]
Restricted stock units and options		87,124

Statutory Financial Informati_3

Statutory Financial Information - Additional Information (Detail) - USD ($)

12 Months Ended

Dec. 29, 2023

Oct. 16, 2023

Jun. 30, 2023

Mar. 31, 2023

Dec. 30, 2022

Oct. 11, 2022

Jun. 30, 2022

Mar. 31, 2022

Dec. 31, 2021

Sep. 30, 2021

Jun. 30, 2021

Mar. 31, 2021

Dec. 31, 2023

Dec. 31, 2022

Dec. 31, 2021

Statutory Accounting Practices [Line Items]

Dividends

$ 3,385,000

$ 3,385,000

$ 3,375,000

$ 3,410,000

$ 3,389,000

$ 3,616,000

$ 3,602,000

$ 3,597,000

$ 3,587,000

$ 3,583,000

$ 3,579,000

$ 3,570,000

$ 13,469,000

$ 14,543,000

$ 14,578,000

Penn Patriot Insurance Company

Statutory Accounting Practices [Line Items]

Maximum amount of dividends that could be paid in 2024 under applicable laws and regulations without regulatory approval

40,200,000

United National Insurance Companies

Statutory Accounting Practices [Line Items]

Maximum amount of dividends that could be paid in 2024 under applicable laws and regulations without regulatory approval

29,800,000

Penn- America Insurance Companies

Statutory Accounting Practices [Line Items]

Maximum amount of dividends that could be paid in 2024 under applicable laws and regulations without regulatory approval

12,600,000

Maximum amount of dividends payable under applicable laws and regulations without regulatory approval which would be distributed to wholly owned parent company

4,100,000

Insurance Subsidiaries

Statutory Accounting Practices [Line Items]

Dividends

$ 0

Information for Company's Unite

Information for Company's United States Insurance Companies, Net of Intercompany Eliminations as Determined in Accordance With Sap (Detail) - U.S. Insurance Companies - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2023	Dec. 31, 2022	Dec. 31, 2021
Statutory Accounting Practices [Line Items]
Statutory capital and surplus, as of end of period	$ 402,838	$ 367,275	$ 359,471
Statutory net income	$ 60,976	$ 23,044	$ 29,696

Segment Information - Additiona

Segment Information - Additional Information (Detail) - Segment	3 Months Ended	15 Months Ended
	Dec. 31, 2023	Dec. 31, 2023
Segment Reporting [Abstract]
Number of ongoing business segments	2	2

Summary of Business Segment Inf

Summary of Business Segment Information (Detail) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2023	Dec. 31, 2022	Dec. 31, 2021
Revenues:
Gross written premiums	$ 416,397	$ 727,603	$ 682,122
Net written premiums	399,319	591,331	580,068
Net earned premiums	473,357	602,471	595,610
Other income	1,435	1,462	1,815
Total revenues	474,792	603,933	597,425
Losses and Expenses:
Net losses and loss adjustment expenses	289,153	359,228	384,964
Acquisition costs and other underwriting expenses	182,617	236,381	222,841
Income (loss) from segments	3,022	8,324	(10,380)
Unallocated Items:
Net investment income	55,444	27,627	37,020
Net realized investment gains (losses)	(2,107)	(32,929)	15,887
Other income		29,903	27,936
Corporate and other operating expenses	(23,383)	(24,421)	(27,179)
Interest expense	0	(3,004)	(10,481)
Loss on extinguishment of debt	0	(3,529)	0
Income before income taxes	32,976	1,971	32,803
Income tax expense (benefit)	(7,547)	(2,821)	(3,449)
Net income (loss)	25,429	(850)	29,354
Total assets	1,729,576	1,800,775	2,012,809
Segment Assets
Unallocated Items:
Total assets	1,585,516	1,762,175	1,757,842
Corporate Assets
Unallocated Items:
Total assets	144,060	38,600	254,967
Penn-America
Revenues:
Gross written premiums	369,660	387,967	349,962
Net written premiums	356,796	370,306	328,659
Net earned premiums	354,518	359,597	308,676
Other income	1,257	1,029	1,028
Total revenues	355,775	360,626	309,704
Losses and Expenses:
Net losses and loss adjustment expenses	233,239	214,854	184,163
Acquisition costs and other underwriting expenses	134,155	135,145	113,038
Income (loss) from segments	(11,619)	10,627	12,503
Penn-America | Segment Assets
Unallocated Items:
Total assets	982,083	937,919	837,108
Non-Core Operations
Revenues:
Gross written premiums	46,737	339,636	332,160
Net written premiums	42,523	221,025	251,409
Net earned premiums	118,839	242,874	286,934
Other income	178	433	787
Total revenues	119,017	243,307	287,721
Losses and Expenses:
Net losses and loss adjustment expenses	55,914	144,374	200,801
Acquisition costs and other underwriting expenses	48,462	101,236	109,803
Income (loss) from segments	14,641	(2,303)	(22,883)
Non-Core Operations | Segment Assets
Unallocated Items:
Total assets	$ 603,433	$ 824,256	$ 920,734

Net Federal Income Taxes and Ca

Net Federal Income Taxes and Cash Interest Paid (Detail) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2023	Dec. 31, 2022	Dec. 31, 2021
Supplemental Cash Flow Information [Abstract]
Federal income taxes paid	$ 613	$ 426	$ 54
Interest paid	$ 0	$ 5,125	$ 10,340

Government Assistance - Additio

Government Assistance - Additional Information (Detail) - COVID-19 Employee Retention Credit	12 Months Ended
	Dec. 31, 2023 USD ($)	Dec. 31, 2022 USD ($)	Dec. 31, 2021 USD ($) Employees
Government Assistance [Line Items]
Government assistance recognized	$ 0	$ 5,500,000	$ 0
Government assistance amount received			$ 5,300,000
Government Assistance, Statement of Income or Comprehensive Income [Extensible Enumeration]	Other Cost and Expense, Operating	Other Cost and Expense, Operating	Other Cost and Expense, Operating
Percentage of qualified wages of employee			70%
Government assistance recognized per quarter			$ 7,000
Reduction to compensation cost		$ 5,300,000
Interest income		$ 200,000
Maximum
Government Assistance [Line Items]
Number of Persons Employed | Employees			500

Subsequent Events - Additional

Subsequent Events - Additional Information (Detail) - $ / shares

12 Months Ended

Mar. 06, 2024

Jan. 18, 2024

Dec. 07, 2023

Sep. 28, 2023

Jun. 01, 2023

Mar. 02, 2023

Dec. 08, 2022

Sep. 23, 2022

Jun. 02, 2022

Mar. 03, 2022

Dec. 04, 2021

Sep. 11, 2021

Jun. 05, 2021

Feb. 14, 2021

Dec. 31, 2023

Dec. 31, 2022

Dec. 31, 2021

Subsequent Event [Line Items]

Stock options awarded

0

200,000

140,000

Dividend payable, per share

$ 0.25

$ 0.25

$ 0.25

Approval Date

Dec. 07, 2023

Sep. 28, 2023

Jun. 01, 2023

Mar. 02, 2023

Dec. 08, 2022

Sep. 23, 2022

Jun. 02, 2022

Mar. 03, 2022

Dec. 04, 2021

Sep. 11, 2021

Jun. 05, 2021

Feb. 14, 2021

Payment Date

Dec. 29, 2023

Oct. 16, 2023

Jun. 30, 2023

Mar. 31, 2023

Dec. 30, 2022

Oct. 11, 2022

Jun. 30, 2022

Mar. 31, 2022

Dec. 31, 2021

Sep. 30, 2021

Jun. 30, 2021

Mar. 31, 2021

Record Date

Dec. 22, 2023

Oct. 09, 2023

Jun. 23, 2023

Mar. 24, 2023

Dec. 23, 2022

Oct. 04, 2022

Jun. 20, 2022

Mar. 21, 2022

Dec. 20, 2021

Sep. 23, 2021

Jun. 21, 2021

Mar. 22, 2021

Subsequent Event

Subsequent Event [Line Items]

Dividend payable, per share

$ 0.35

Approval Date

Mar. 06, 2024

Payment Date

Mar. 28, 2024

Record Date

Mar. 21, 2024

Percentage of increase in dividend rate

40%

Share-based Compensation Award, Tranche 1

Subsequent Event [Line Items]

Vesting date

Mar. 03, 2025

Share-based Compensation Award, Tranche 2

Subsequent Event [Line Items]

Vesting date

Mar. 03, 2026

Apr. 18, 2025

Share-based Compensation Award, Tranche 3

Subsequent Event [Line Items]

Vesting date

Apr. 18, 2027

Share-based Compensation Award, Tranche 4

Subsequent Event [Line Items]

Vesting date

Jan. 01, 2023

Chief Executive Officer Agreement | Joseph W Brown

Subsequent Event [Line Items]

Vesting description

The options vest in four equal tranches as follows: 25% on each of the first business day of each quarter in 2024

Chief Executive Officer Agreement | Joseph W Brown | Subsequent Event

Subsequent Event [Line Items]

Stock options awarded

200,000

Exercisable period

7 years

Chief Executive Officer Agreement | Share-based Compensation Award, Tranche 1 | Joseph W Brown | Subsequent Event

Subsequent Event [Line Items]

Percentage of shares vested on each anniversary of the grant date

25%

Chief Executive Officer Agreement | Share-based Compensation Award, Tranche 2 | Joseph W Brown | Subsequent Event

Subsequent Event [Line Items]

Percentage of shares vested on each anniversary of the grant date

25%

Chief Executive Officer Agreement | Share-based Compensation Award, Tranche 3 | Joseph W Brown | Subsequent Event

Subsequent Event [Line Items]

Percentage of shares vested on each anniversary of the grant date

25%

Chief Executive Officer Agreement | Share-based Compensation Award, Tranche 4 | Joseph W Brown | Subsequent Event

Subsequent Event [Line Items]

Percentage of shares vested on each anniversary of the grant date

25%

Chief Executive Officer Agreement | First business day of each year, beginning in 2025 through 2028 | Joseph W Brown | Subsequent Event

Subsequent Event [Line Items]

Stock options awarded

50,000

Exercisable period

7 years

Vesting date

Dec. 31, 2028

Summary Of Investments Other Th

Summary Of Investments Other Than Investments In Related Parties (Detail) $ in Thousands	Dec. 31, 2023 USD ($)
Summary of Investments, Other than Investments in Related Parties, Reportable Data [Line Items]
Cost	$ 1,376,836	[1]
Value	1,348,537
Amount Included in the Balance Sheet	1,348,537
Fixed Maturities
Summary of Investments, Other than Investments in Related Parties, Reportable Data [Line Items]
Cost	1,322,092	[1]
Value	1,293,793
Amount Included in the Balance Sheet	1,293,793
Fixed Maturities | United States Government and Government Agencies and Authorities
Summary of Investments, Other than Investments in Related Parties, Reportable Data [Line Items]
Cost	497,099	[1]
Value	494,223
Amount Included in the Balance Sheet	494,223
Fixed Maturities | States, Municipalities, and Political Subdivisions
Summary of Investments, Other than Investments in Related Parties, Reportable Data [Line Items]
Cost	27,326	[1]
Value	26,150
Amount Included in the Balance Sheet	26,150
Fixed Maturities | Mortgage Backed And Asset Backed Securities
Summary of Investments, Other than Investments in Related Parties, Reportable Data [Line Items]
Cost	354,610	[1]
Value	340,959
Amount Included in the Balance Sheet	340,959
Fixed Maturities | Public Utilities
Summary of Investments, Other than Investments in Related Parties, Reportable Data [Line Items]
Cost	27,346	[1]
Value	26,629
Amount Included in the Balance Sheet	26,629
Fixed Maturities | All Other Corporate Bonds
Summary of Investments, Other than Investments in Related Parties, Reportable Data [Line Items]
Cost	415,711	[1]
Value	405,832
Amount Included in the Balance Sheet	405,832
Equity securities
Summary of Investments, Other than Investments in Related Parties, Reportable Data [Line Items]
Cost	16,508	[1]
Value	16,508
Amount Included in the Balance Sheet	16,508
Equity securities | Public Utilities
Summary of Investments, Other than Investments in Related Parties, Reportable Data [Line Items]
Cost	0	[1]
Value	0
Amount Included in the Balance Sheet	0
Equity securities | Industrial and Miscellaneous
Summary of Investments, Other than Investments in Related Parties, Reportable Data [Line Items]
Cost	16,508	[1]
Value	16,508
Amount Included in the Balance Sheet	16,508
Other long-term investments | Other Invested Assets
Summary of Investments, Other than Investments in Related Parties, Reportable Data [Line Items]
Cost	38,236	[1]
Value	38,236
Amount Included in the Balance Sheet	$ 38,236
[1] Original cost of fixed maturities adjusted for amortization of premiums and accretion of discounts; original cost of equity securities and other long-term investments adjusted for income or loss earned on investments in accordance with equity method of accounting. All amounts are shown net of impairment losses.

Condensed Financial Informati_2

Condensed Financial Information of Registrant (Parent Only) Balance Sheets (Detail) - USD ($) $ in Thousands		Dec. 31, 2023	Dec. 31, 2022	Dec. 31, 2021
ASSETS
Available for sale, at fair value (amortized cost: $1,322,092 and $1,301,723; net of allowance for expected credit losses of: $0 at December 31, 2023 and 2022		$ 1,293,793	$ 1,248,198
Equity securities, at fair value		16,508	17,520
Other invested assets		38,236	38,176
Total investments		1,348,537	1,303,894
Cash and cash equivalents		38,037	38,846
Receivable for securities sold		3,858	0
Other assets		26,362	23,597
Total assets		1,729,576	1,800,775	$ 2,012,809
Liabilities:
Payable for securities		0	66
Other liabilities		24,770	30,965
Total liabilities		1,080,823	1,174,546
Commitments and contingencies (Note 17)
Shareholders’ equity:
Common shares: no par value; 900,000,000 common shares authorized; class A common shares issued: 11,042,670 and 10,876,041, respectively; class A common shares outstanding: 9,771,429 and 10,073,660, respectively; class B common shares issued and outstanding: 3,793,612 and 3,793,612, respectively		0	0
Additional paid-in capital		454,791	451,305
Accumulated other comprehensive income (loss), net of tax		(22,863)	(43,058)	6,404
Retained earnings		244,988	233,468
Total shareholders’ equity		648,753	626,229	$ 706,621
Total liabilities and shareholders’ equity		1,729,576	1,800,775
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: 1,271,241 and 802,381 shares, respectively		(32,163)	(19,486)
Parent Company | Global Indemnity Group LLC
ASSETS
Available for sale, at fair value (amortized cost: $1,322,092 and $1,301,723; net of allowance for expected credit losses of: $0 at December 31, 2023 and 2022		70,464	86,310
Equity securities, at fair value		436	1,694
Other invested assets		26,016	23,573
Total investments		96,916	111,577
Cash and cash equivalents		40	4,775
Intercompany note receivable	[1]	69,400	69,400
Accrued interest receivable		1,501	627
Equity in unconsolidated subsidiaries	[1]	482,653	444,517
Other assets		997	1,130
Total assets		651,507	632,026
Liabilities:
Payable for securities		0	49
Due to affiliates	[1]	2,411	4,623
Other liabilities		343	1,125
Total liabilities		2,754	5,797
Commitments and contingencies (Note 17)		0	0
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
Common shares: no par value; 900,000,000 common shares authorized; class A common shares issued: 11,042,670 and 10,876,041, respectively; class A common shares outstanding: 9,771,429 and 10,073,660, respectively; class B common shares issued and outstanding: 3,793,612 and 3,793,612, respectively		0	0
Additional paid-in capital		454,791	451,305
Accumulated other comprehensive income (loss), net of tax		(22,863)	(43,058)
Retained earnings		244,988	233,468
Total shareholders’ equity		648,753	626,229
Total liabilities and shareholders’ equity		651,507	632,026
Parent Company | Global Indemnity Group LLC | Class A Common Shares
Shareholders’ equity:
Class A common shares in treasury, at cost: 1,271,241 and 802,381 shares, respectively		$ (32,163)	$ (19,486)
[1] (1) This item has been eliminated in the Company’s Consolidated Financial Statements.

Condensed Financial Informati_3

Condensed Financial Information of Registrant (Parent Only) Balance Sheets (Parenthetical) (Detail) - USD ($) $ / shares in Units, $ in Thousands	Dec. 31, 2023	Dec. 31, 2022
Condensed Financial Statements, Captions [Line Items]
Ordinary shares, par value	$ 0	$ 0
Ordinary shares, shares authorized	900,000,000	900,000,000
Global Indemnity Group LLC | Parent Company
Condensed Financial Statements, Captions [Line Items]
Ordinary shares, par value	$ 0	$ 0
Ordinary shares, shares authorized	900,000,000	900,000,000
Class A Common Shares
Condensed Financial Statements, Captions [Line Items]
Ordinary shares, shares issued	11,042,670	10,876,041
Ordinary shares, shares outstanding	9,771,429	10,073,660
Treasury shares, shares	1,271,241	802,381
Class A Common Shares | Global Indemnity Group LLC | Parent Company
Condensed Financial Statements, Captions [Line Items]
Ordinary shares, shares issued	11,042,670	10,876,041
Ordinary shares, shares outstanding	9,771,429	10,073,660
Treasury shares, shares	1,271,241	802,381
Class B Common Shares
Condensed Financial Statements, Captions [Line Items]
Ordinary shares, shares issued	3,793,612	3,793,612
Ordinary shares, shares outstanding	3,793,612	3,793,612
Class B Common Shares | Global Indemnity Group LLC | Parent Company
Condensed Financial Statements, Captions [Line Items]
Ordinary shares, shares issued	3,793,612	3,793,612
Ordinary shares, shares outstanding	3,793,612	3,793,612
Series A Cumulative Fixed Rate Preferred Shares
Condensed Financial Statements, Captions [Line Items]
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
Series A Cumulative Fixed Rate Preferred Shares | Global Indemnity Group LLC | Parent Company
Condensed Financial Statements, Captions [Line Items]
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

Condensed Financial Informati_4

Condensed Financial Information of Registrant (Parent Only) Statement of Operations and Comprehensive Income (Detail) - USD ($) $ in Thousands		12 Months Ended
		Dec. 31, 2023	Dec. 31, 2022	Dec. 31, 2021
Revenues:
Net investment income		$ 55,444	$ 27,627	$ 37,020
Net realized investment gains (losses)		(2,107)	(32,929)	15,887
Total revenues		528,129	628,534	678,268
Expenses:
Interest expense		0	3,004	10,481
Corporate and other operating expenses		23,383	24,421	27,179
Loss on extinguishment of debt		0	(3,529)	0
Income before income taxes		32,976	1,971	32,803
Net income (loss)		25,429	(850)	29,354
Other comprehensive income (loss), net of tax:
Unrealized holding gains (losses)		18,892	(81,729)	(27,384)
Reclassification adjustment for (gains) losses included in net income (loss)		1,350	32,253	(278)
Other comprehensive income (loss), net of tax		20,195	(49,462)	(27,904)
Comprehensive income (loss), net of tax		45,624	(50,312)	1,450
Global Indemnity Group LLC | Parent Company
Revenues:
Net investment income		6,141	(1,980)	6,763
Intercompany interest income	[1]	874	627	0
Net realized investment gains (losses)		(416)	(4,620)	13,563
Total revenues		6,599	(5,973)	20,326
Expenses:
Intercompany interest expense	[1]	0	2	1
Interest expense		0	41	142
Corporate and other operating expenses		601	723	864
Loss on extinguishment of debt		0	3,529	0
Income before income taxes		5,998	(10,268)	19,319
Equity in the earnings of liability companies or partnerships, Total	[1]	19,431	9,418	10,035
Net income (loss)		25,429	(850)	29,354
Other comprehensive income (loss), net of tax:
Unrealized holding gains (losses)		1,287	(8,274)	(3,568)
Equity in other comprehensive income (loss) of unconsolidated subsidiaries	[1]	18,703	(45,764)	(24,300)
Recognition of previously unrealized holding (gains) losses		205	4,576	(36)
Other comprehensive income (loss), net of tax		20,195	(49,462)	(27,904)
Comprehensive income (loss), net of tax		$ 45,624	$ (50,312)	$ 1,450
[1] This item has been eliminated in the Company’s Consolidated Financial Statements.

Condensed Financial Informati_5

Condensed Financial Information of Registrant (Parent Only) Statement of Cash Flows (Detail) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2023	Dec. 31, 2022	Dec. 31, 2021
Condensed Financial Statements, Captions [Line Items]
Net cash provided by operating activities	$ 42,886	$ 44,236	$ 90,799
Cash flows from investing activities:
Proceeds from sale of fixed maturities	148,164	933,554	1,065,398
Proceeds from sale of equity securities	1,158	88,726	54,691
Proceeds from maturity of fixed maturities	280,115	81,546	87,057
Proceeds from other invested assets	2,309	107,925	17,082
Purchases of fixed maturities	(448,465)	(1,164,683)	(1,207,231)
Purchases of equity securities	(111)	(10,660)	(42,905)
Purchases of other invested assets	0	0	(70,000)
Net cash provided by (used for) investing activities	(16,330)	80,134	(64,519)
Cash flows from financing activities:
Distributions paid to common shareholders	(14,248)	(14,366)	(14,431)
Distributions paid to preferred shareholders	(440)	(440)	(440)
Purchases of class A common shares	(12,677)	(22,335)	(490)
Issuance of class A common shares	0	3,339	0
Net cash used for financing activities	(27,365)	(163,802)	(15,361)
Net change in cash and cash equivalents	(809)	(39,432)	10,919
Cash and cash equivalents at beginning of period	38,846	78,278	67,359
Cash and cash equivalents at end of period	38,037	38,846	78,278
Parent Company | Global Indemnity Group LLC
Condensed Financial Statements, Captions [Line Items]
Net cash provided by operating activities	4,388	7,720	7,264
Cash flows from investing activities:
Proceeds from sale of fixed maturities	17,226	70,151	84,070
Proceeds from sale of equity securities	1,158	76,466	27,600
Proceeds from maturity of fixed maturities	240	438	1,087
Proceeds from other invested assets	0	58,577	0
Purchases of fixed maturities	(271)	(105,025)	(60,800)
Purchases of equity securities	(111)	(939)	(30,956)
Purchases of other invested assets	0	0	(25,000)
Net cash provided by (used for) investing activities	18,242	99,668	(3,999)
Cash flows from financing activities:
Distributions paid to common shareholders	(14,248)	(14,366)	(14,431)
Distributions paid to preferred shareholders	(440)	(440)	(440)
Issuance of note receivable to affiliates	0	(69,400)	0
Proceeds from the repayment of a note receivable from affiliate	0	0	11,283
Proceeds from issuance of note payable to affiliates	0	0	2,800
Repayment of note payable to affiliates	0	(2,800)	0
Purchases of class A common shares	(12,677)	(22,335)	(490)
Issuance of class A common shares	0	3,339	0
Net cash used for financing activities	(27,365)	(106,002)	(1,278)
Net change in cash and cash equivalents	(4,735)	1,386	1,987
Cash and cash equivalents at beginning of period	4,775	3,389	1,402
Cash and cash equivalents at end of period	$ 40	$ 4,775	$ 3,389

Supplementary Insurance Infor_2

Supplementary Insurance Information (Detail) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2023	Dec. 31, 2022	Dec. 31, 2021
Supplementary Insurance Information, by Segment [Line Items]
Premium Revenue	$ 473,357	$ 602,471	$ 595,610
Benefits, Claims, Losses And Settlement Expenses	289,153	359,228	384,964
Amortization of Deferred Policy Acquisition Costs	120,883	150,946	144,944
Net Written Premium	399,319	591,331	580,068
Penn-America
Supplementary Insurance Information, by Segment [Line Items]
Deferred Policy Acquisition Costs	34,908	34,290	31,370
Future Policy Benefits, Losses, Claims And Loss Expenses	408,720	366,133	319,085
Unearned Premiums	161,135	159,554	147,999
Other Policy and Benefits Payable	0	0	0
Premium Revenue	354,518	359,597	308,676
Benefits, Claims, Losses And Settlement Expenses	233,239	214,854	184,163
Amortization of Deferred Policy Acquisition Costs	80,226	81,638	74,494
Net Written Premium	356,796	370,306	328,659
Non-Core Operations
Supplementary Insurance Information, by Segment [Line Items]
Deferred Policy Acquisition Costs	7,537	30,604	28,961
Future Policy Benefits, Losses, Claims And Loss Expenses	441,879	466,271	440,819
Unearned Premiums	21,717	109,799	168,567
Other Policy and Benefits Payable	0	0	0
Premium Revenue	118,839	242,874	286,934
Benefits, Claims, Losses And Settlement Expenses	55,914	144,374	200,801
Amortization of Deferred Policy Acquisition Costs	40,657	69,308	70,450
Net Written Premium	$ 42,523	$ 221,025	$ 251,409

Supplementary Insurance Infor_3

Supplementary Insurance Information Unallocated Corporate Items (Detail) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2023	Dec. 31, 2022	Dec. 31, 2021
Quarterly Financial Information Disclosure [Abstract]
Net Investment Income	$ 55,444	$ 27,627	$ 37,020
Corporate and Other Operating Expenses	$ 23,383	$ 24,421	$ 27,179

Reinsurance Earned Premiums (De

Reinsurance Earned Premiums (Detail) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2023	Dec. 31, 2022	Dec. 31, 2021
Reinsurance Premiums For Insurance Companies By Product Segment [Line Items]
Direct Amount	$ 376,288	$ 589,131	$ 578,171
Ceded to Other Companies	29,542	122,556	61,441
Assumed from Other Companies	126,611	135,896	78,880
Net earned premiums	473,357	602,471	595,610
Property & Liability Insurance
Reinsurance Premiums For Insurance Companies By Product Segment [Line Items]
Direct Amount	376,288	589,131	578,171
Ceded to Other Companies	29,542	122,556	61,441
Assumed from Other Companies	126,611	135,896	78,880
Net earned premiums	$ 473,357	$ 602,471	$ 595,610
Percentage of Amount Assumed to Net	26.70%	22.60%	13.20%

Valuation and Qualifying Acco_2

Valuation and Qualifying Accounts and Reserves (Detail) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2023	Dec. 31, 2022	Dec. 31, 2021
Investment Asset Valuation Reserves, Mortgage Loans
Valuation and Qualifying Accounts Disclosure [Line Items]
Balance at Beginning of Period	$ 0	$ 0	$ 0
Charged (Credited) to Costs and Expenses	0	0	0
Charged (Credited) to Other Accounts	0	0	0
Other Deductions	0	0	0
Balance at End of Period	0	0	0
Investment Asset Valuation Reserves, Real Estate
Valuation and Qualifying Accounts Disclosure [Line Items]
Balance at Beginning of Period	0	0	0
Charged (Credited) to Costs and Expenses	0	0	0
Charged (Credited) to Other Accounts	0	0	0
Other Deductions	0	0	0
Balance at End of Period	0	0	0
Allowance for Doubtful Accounts, Premiums, Accounts and Notes Receivable
Valuation and Qualifying Accounts Disclosure [Line Items]
Balance at Beginning of Period	3,322	2,996	2,900
Charged (Credited) to Costs and Expenses	1,474	326	96
Charged (Credited) to Other Accounts	0	0	0
Other Deductions	0	0	0
Balance at End of Period	4,796	3,322	2,996
Allowance for Doubtful Accounts, Deferred Tax Asset Valuation Allowance
Valuation and Qualifying Accounts Disclosure [Line Items]
Balance at Beginning of Period	0	0	0
Charged (Credited) to Costs and Expenses	0	0	0
Charged (Credited) to Other Accounts	0	0	0
Other Deductions	0	0	0
Balance at End of Period	0	0	0
Allowance for Doubtful Accounts, Reinsurance Receivable
Valuation and Qualifying Accounts Disclosure [Line Items]
Balance at Beginning of Period	8,992	8,992	8,992
Charged (Credited) to Costs and Expenses	0	0	0
Charged (Credited) to Other Accounts	0	0	0
Other Deductions	0	0	0
Balance at End of Period	$ 8,992	$ 8,992	$ 8,992

Supplementary Information for_2

Supplementary Information for Property Casualty Underwriters (Detail) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2023	Dec. 31, 2022	Dec. 31, 2021
SEC Schedule, 12-18, Supplemental Information, Property-Casualty Insurance Underwriters [Abstract]
Deferred Policy Acquisition Costs	$ 42,445	$ 64,894	$ 60,331
Reserves for Unpaid Claims and Claim Adjustment Expenses	850,599	832,404	759,904
Discount If Any Deducted	0	0	0
Unearned Premiums	182,852	269,353	316,566
Earned Premiums	473,357	602,471	595,610
Net Investment Income	55,444	27,627	37,020
Claims and Claim Adjustment Expense Incurred Related To Current Year	279,609	367,298	376,306
Claims and Claim Adjustment Expense Incurred Related To Prior Year	9,544	(8,070)	8,658
Amortization Of Deferred Policy Acquisition Costs	120,883	150,946	144,944
Paid Claims and Claim Adjustment Expenses	270,766	265,306	300,156
Premiums Written	$ 399,319	$ 591,331	$ 580,068