Global Indemnity (GBLI) 10-Q 9 Aug 19 2019 Q2 Quarterly report Financial data

Document and Entity Information

Document and Entity Information - shares	6 Months Ended
	Jun. 30, 2019	Aug. 02, 2019
Document Information [Line Items]
Document Type	10-Q
Amendment Flag	false
Document Period End Date	Jun. 30, 2019
Document Fiscal Year Focus	2019
Document Fiscal Period Focus	Q2
Entity Registrant Name	Global Indemnity Ltd
Entity Central Index Key	0001494904
Current Fiscal Year End Date	--12-31
Entity Filer Category	Accelerated Filer
Entity Small Business	false
Entity Emerging Growth Company	false
Entity Current Reporting Status	Yes
Entity Interactive Data Current	Yes
Entity Shell Company	false
Entity File Number	001-34809
Entity Tax Identification Number	981304287
Entity Address, Address Line One	27 HOSPITAL ROAD
Entity Address, Address Line Two	GEORGE TOWN
Entity Address, City or Town	GRAND CAYMAN
Entity Address, State or Province	CAYMAN ISLANDS
Entity Address, Postal Zip Code	KY1-9008
City Area Code	345
Local Phone Number	949-0100
Ordinary Shares A
Document Information [Line Items]
Entity Ordinary Shares, Shares Outstanding		10,129,071
Title of each class	A Ordinary Shares
Trading Symbol	GBLI
Name of each exchange on which registered	NASDAQ Global Select Market
Ordinary Shares B
Document Information [Line Items]
Entity Ordinary Shares, Shares Outstanding		4,133,366
7.75% Subordinated Notes due 2045
Document Information [Line Items]
Title of each class	7.75% Subordinated Notes due 2045
Trading Symbol	GBLIZ
Name of each exchange on which registered	NASDAQ Global Select Market
7.875% Subordinated Notes due 2047
Document Information [Line Items]
Title of each class	7.875% Subordinated Notes due 2047
Trading Symbol	GBLIL
Name of each exchange on which registered	NASDAQ Global Select Market

Consolidated Balance Sheets

Consolidated Balance Sheets - USD ($) $ in Thousands	Jun. 30, 2019	Dec. 31, 2018
Fixed maturities:
Available for sale, at fair value (amortized cost: $1,175,646 and $1,257,830)	$ 1,196,276	$ 1,235,155
Equity securities, at fair value	262,029	124,747
Other invested assets	51,472	50,753
Total investments	1,509,777	1,410,655
Cash and cash equivalents	56,215	99,497
Premiums receivable, net	120,649	87,679
Reinsurance receivables, net	66,398	114,418
Funds held by ceding insurers	41,588	49,206
Federal income taxes receivable	11,134	10,866
Deferred federal income taxes	37,425	48,589
Deferred acquisition costs	69,047	61,676
Intangible assets	21,755	22,020
Goodwill	6,521	6,521
Prepaid reinsurance premiums	19,244	20,594
Receivable for securities sold	0	15
Other assets	55,719	28,530
Total assets	2,015,472	1,960,266
Liabilities:
Unpaid losses and loss adjustment expenses	608,773	680,031
Unearned premiums	312,758	281,912
Ceded balances payable	17,459	14,994
Payable for securities purchased	9,849	0
Contingent commissions	8,103	10,636
Debt	292,106	288,565
Other liabilities	71,912	55,069
Total liabilities	1,320,960	1,331,207
Commitments and contingencies (Note 10)
Shareholders’ equity:
Ordinary shares, $0.0001 par value, 900,000,000 ordinary shares authorized; A ordinary shares issued: 10,239,520 and 10,171,954 respectively; A ordinary shares outstanding: 10,129,071 and 10,095,312, respectively; B ordinary shares issued and outstanding: 4,133,366 and 4,133,366, respectively	2	2
Additional paid-in capital	439,707	438,182
Accumulated other comprehensive income (loss), net of taxes	16,542	(21,231)
Retained earnings	242,234	215,132
Total shareholders’ equity	694,512	629,059
Total liabilities and shareholders’ equity	2,015,472	1,960,266
Ordinary Shares A
Shareholders’ equity:
A ordinary shares in treasury, at cost: 110,449 and 76,642 shares, respectively	(3,973)	(3,026)
Total shareholders’ equity	$ 1	$ 1

Consolidated Balance Sheets (Pa

Consolidated Balance Sheets (Parenthetical) - USD ($) $ in Thousands	Jun. 30, 2019	Dec. 31, 2018
Available for sale, amortized cost	$ 1,175,646	$ 1,257,830
Ordinary shares, par value	$ 0.0001	$ 0.0001
Ordinary shares, shares authorized	900,000,000	900,000,000
Ordinary Shares A
Ordinary shares, shares issued	10,239,520	10,171,954
Ordinary shares, shares outstanding	10,129,071	10,095,312
Treasury shares, shares	110,449	76,642
Ordinary Shares B
Ordinary shares, shares issued	4,133,366	4,133,366
Ordinary shares, shares outstanding	4,133,366	4,133,366

Consolidated Statements of Oper

Consolidated Statements of Operations - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2019	Jun. 30, 2018	Jun. 30, 2019	Jun. 30, 2018
Revenues:
Gross premiums written	$ 179,321	$ 158,817	$ 321,522	$ 283,064
Net premiums written	159,069	136,454	282,485	244,324
Net premiums earned	128,201	113,917	250,290	221,919
Net investment income	13,826	10,954	21,045	22,358
Net realized investment gains:
Other than temporary impairment losses on investments	0	(371)	(1,897)	(371)
Other net realized investment gains	3,590	3,201	15,877	2,885
Total net realized investment gains	3,590	2,830	13,980	2,514
Other income	522	324	1,010	878
Total revenues	146,139	128,025	286,325	247,669
Losses and Expenses:
Net losses and loss adjustment expenses	70,075	58,861	128,396	114,933
Acquisition costs and other underwriting expenses	50,534	47,513	100,277	92,516
Corporate and other operating expenses	4,639	10,918	7,844	20,178
Interest expense	5,042	4,940	10,065	9,801
Income before income taxes	15,849	5,793	39,743	10,241
Income tax expense (benefit)	1,186	(1,399)	5,480	(2,652)
Net income	$ 14,663	$ 7,192	$ 34,263	$ 12,893
Net income
Basic	$ 1.03	$ 0.51	$ 2.42	$ 0.92
Diluted	$ 1.02	$ 0.50	$ 2.39	$ 0.90
Weighted-average number of shares outstanding
Basic	14,187,276	14,092,397	14,170,689	14,073,813
Diluted	14,331,286	14,334,600	14,324,614	14,308,264
Cash dividends declared per share	$ 0.25	$ 0.25	$ 0.50	$ 0.50

Consolidated Statements of Comp

Consolidated Statements of Comprehensive Income - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2019	Jun. 30, 2018	Jun. 30, 2019	Jun. 30, 2018
Statement Of Income And Comprehensive Income [Abstract]
Net income	$ 14,663	$ 7,192	$ 34,263	$ 12,893
Other comprehensive income (loss), net of tax:
Unrealized holding gains (losses)	18,677	(5,820)	39,462	(21,008)
Portion of other-than-temporary impairment losses recognized in other comprehensive income (losses)	(1)	(7)	(2)	(8)
Reclassification adjustment for losses included in net income	(3,740)	611	(1,818)	686
Unrealized foreign currency translation gains (losses)	(63)	(728)	131	(1,100)
Other comprehensive income (loss), net of tax	14,873	(5,944)	37,773	(21,430)
Comprehensive income (loss), net of tax	$ 29,536	$ 1,248	$ 72,036	$ (8,537)

Consolidated Statements of Chan

Consolidated Statements of Changes in Shareholders' Equity - USD ($) $ in Thousands	Total	Additional Paid-in Capital	Accumulated other comprehensive income (loss), net of deferred income tax	Retained Earnings	Treasury Shares	Ordinary Shares A	Ordinary Shares ATreasury Shares	Ordinary Shares B
Number at Dec. 31, 2017					29,551	10,102,927		4,133,366
A ordinary shares purchased							45,233
Retirement of shares					0
Ordinary shares issued under share incentive plans						37,381
Ordinary shares issued to directors						16,934
Number at Jun. 30, 2018					74,784	10,157,242		4,133,366
Balance at Dec. 31, 2017		$ 434,730	$ 8,983	$ 275,838	$ (1,159)	$ 1		$ 1
A ordinary shares purchased, at cost							$ (1,813)
Other comprehensive income (loss), net of tax:
Change in unrealized holding gains (losses)			(20,322)
Change in other than temporary impairment losses recognized in other comprehensive income (loss)			(8)
Unrealized foreign currency translation gains (losses)	$ (1,100)		(1,100)
Other comprehensive income (loss), net of tax	(21,430)		(21,430)
Cumulative effect adjustment resulting from adoption of new accounting guidance			(10,028)	10,198
Net income	12,893			12,893
Dividends to shareholders				(7,102)
Share compensation plans		1,305
Balance at Jun. 30, 2018	702,417	436,035	(22,475)	291,827	$ (2,972)	$ 1		$ 1
Number at Mar. 31, 2018					74,784	10,150,130		4,133,366
A ordinary shares purchased							0
Retirement of shares					0
Ordinary shares issued under share incentive plans						(680)
Ordinary shares issued to directors						7,792
Number at Jun. 30, 2018					74,784	10,157,242		4,133,366
Balance at Mar. 31, 2018		435,066	(16,531)	288,187	$ (2,972)	$ 1		$ 1
A ordinary shares purchased, at cost							$ 0
Other comprehensive income (loss), net of tax:
Change in unrealized holding gains (losses)			(5,209)
Change in other than temporary impairment losses recognized in other comprehensive income (loss)			(7)
Unrealized foreign currency translation gains (losses)	(728)		(728)
Other comprehensive income (loss), net of tax	(5,944)		(5,944)
Cumulative effect adjustment resulting from adoption of new accounting guidance			0	0
Net income	7,192			7,192
Dividends to shareholders				(3,552)
Share compensation plans		969
Balance at Jun. 30, 2018	702,417	436,035	(22,475)	291,827	$ (2,972)	$ 1		$ 1
Number at Dec. 31, 2018					76,642	10,171,954		4,133,366
A ordinary shares purchased							27,028
Retirement of shares					6,779
Ordinary shares issued under share incentive plans						36,180
Ordinary shares issued to directors						31,386
Number at Jun. 30, 2019					110,449	10,239,520		4,133,366
Balance at Dec. 31, 2018	629,059	438,182	(21,231)	215,132	$ (3,026)	$ 1		$ 1
A ordinary shares purchased, at cost							$ (947)
Other comprehensive income (loss), net of tax:
Change in unrealized holding gains (losses)			37,644
Change in other than temporary impairment losses recognized in other comprehensive income (loss)			(2)
Unrealized foreign currency translation gains (losses)	131		131
Other comprehensive income (loss), net of tax	37,773		37,773
Cumulative effect adjustment resulting from adoption of new accounting guidance			0	(5)
Net income	34,263			34,263
Dividends to shareholders				(7,156)
Share compensation plans		1,525
Balance at Jun. 30, 2019	694,512	439,707	16,542	242,234	$ (3,973)	$ 1		$ 1
Number at Mar. 31, 2019					110,449	10,223,976		4,133,366
A ordinary shares purchased							0
Retirement of shares					0
Ordinary shares issued under share incentive plans						0
Ordinary shares issued to directors						15,544
Number at Jun. 30, 2019					110,449	10,239,520		4,133,366
Balance at Mar. 31, 2019		438,783	1,669	231,176	$ (3,975)	$ 1		$ 1
A ordinary shares purchased, at cost							$ 2
Other comprehensive income (loss), net of tax:
Change in unrealized holding gains (losses)			14,937
Change in other than temporary impairment losses recognized in other comprehensive income (loss)			(1)
Unrealized foreign currency translation gains (losses)	(63)		(63)
Other comprehensive income (loss), net of tax	14,873		14,873
Cumulative effect adjustment resulting from adoption of new accounting guidance			0	0
Net income	14,663			14,663
Dividends to shareholders				(3,605)
Share compensation plans		924
Balance at Jun. 30, 2019	$ 694,512	$ 439,707	$ 16,542	$ 242,234	$ (3,973)	$ 1		$ 1

Consolidated Statements of Ch_2

Consolidated Statements of Changes in Shareholders' Equity (Parenthetical) - $ / shares	3 Months Ended
	Jun. 30, 2019	Jun. 30, 2018
Retained Earnings
Dividend payable, per share	$ 0.25	$ 0.25

Consolidated Statements of Cash

Consolidated Statements of Cash Flows - USD ($) $ in Thousands	6 Months Ended
	Jun. 30, 2019	Jun. 30, 2018
Cash flows from operating activities:
Net income	$ 34,263	$ 12,893
Adjustments to reconcile net income to net cash provided by (used for) operating activities:
Amortization and depreciation	3,527	3,602
Amortization of debt issuance costs	132	132
Restricted stock and stock option expense	1,525	1,305
Deferred federal income taxes	5,498	(3,648)
Amortization of bond premium and discount, net	2,291	3,120
Net realized investment gains	(13,980)	(2,514)
Equity in the earnings of equity method limited liability investments	431	0
Changes in:
Premiums receivable, net	(32,970)	(8,181)
Reinsurance receivables, net	48,020	8,492
Funds held by ceding insurers	7,749	(7,910)
Unpaid losses and loss adjustment expenses	(71,258)	(20,994)
Unearned premiums	30,846	18,791
Ceded balances payable	2,465	10,997
Other assets and liabilities, net	(12,852)	44,265
Contingent commissions	(2,533)	(1,488)
Federal income tax receivable/payable	(268)	341
Deferred acquisition costs, net	(7,371)	(3,857)
Prepaid reinsurance premiums	1,350	3,614
Net cash provided by (used for) operating activities	(3,135)	58,960
Cash flows from investing activities:
Proceeds from sale of fixed maturities	569,529	114,456
Proceeds from sale of equity securities	167,028	17,461
Proceeds from maturity of fixed maturities	95,994	33,041
Proceeds from other invested assets	2,349	4,871
Amounts received (paid) in connection with derivatives	(8,022)	6,602
Purchases of fixed maturities	(573,878)	(214,937)
Purchases of equity securities	(284,984)	(17,330)
Purchases of other invested assets	(3,500)	(10,550)
Acquisition of business	0	(3,515)
Net cash used for investing activities	(35,484)	(69,901)
Cash flows from financing activities:
Net borrowings (repayments) under margin borrowing facility	3,409	(7,521)
Dividends paid to shareholders	(7,125)	(7,001)
Purchases of A ordinary shares	(947)	(1,813)
Net cash used for financing activities	(4,663)	(16,335)
Net change in cash and cash equivalents	(43,282)	(27,276)
Cash and cash equivalents at beginning of period	99,497	74,414
Cash and cash equivalents at end of period	$ 56,215	$ 47,138

Principles of Consolidation and

Principles of Consolidation and Basis of Presentation	6 Months Ended
	Jun. 30, 2019
Organization Consolidation And Presentation Of Financial Statements [Abstract]
Principles of Consolidation and Basis of Presentation	1. Global Indemnity Limited (“Global Indemnity” or “the Company”) was incorporated on February 9, 2016 and is domiciled in the Cayman Islands. On November 7, 2016, Global Indemnity replaced Global Indemnity plc as the ultimate parent company as a result of a redomestication transaction. The Company’s A ordinary shares are publicly traded on the NASDAQ Global Select Market under the ticker symbol GBLI. Please see Note 2 of the notes to the consolidated financial statements in Item 8 Part II of the Company’s 2018 Annual Report on Form 10-K for more information on the Company’s redomestication. The Company manages its business through four business segments: Commercial Specialty, Specialty Property, Farm, Ranch, & Stable, and Reinsurance Operations. The Company’s Commercial Specialty segment offers specialty property and casualty insurance products in the excess and surplus lines marketplace. The Company manages Commercial Specialty by differentiating them into four product classifications: Penn-America, which markets property and general liability products to small commercial businesses through a select network of wholesale general agents with specific binding authority; United National, which markets insurance products for targeted insured segments, including specialty products, such as property, general liability, and professional lines through program administrators with specific binding authority; Diamond State, which markets property, casualty, and professional lines products, which are developed by the Company’s underwriting department by individuals with expertise in those lines of business, through wholesale brokers and also markets through program administrators having specific binding authority; and Vacant Express, which primarily insures dwellings which are currently vacant, undergoing renovation, or are under construction and is marketed through aggregators, brokers, and retail agents. These product classifications comprise the Company’s Commercial Specialty business segment and are not considered individual business segments because each product has similar economic characteristics, distribution, and coverage. The Company’s Specialty Property segment offers specialty personal lines property and casualty insurance products through general and specialty agents with specific binding authority on an admitted basis. The Company’s Farm, Ranch, & Stable segment provides specialized property and casualty coverage including Commercial Farm Auto and Excess/Umbrella Coverage for the agriculture industry as well as specialized insurance products for the equine mortality and major medical industry on an admitted basis. These insurance products are sold through wholesalers and retail agents, with a selected number having specific binding authority. Collectively, the Company’s U.S. insurance subsidiaries are licensed in all 50 states, the District of Columbia, Puerto Rico, and the U.S. Virgin Islands. The Commercial Specialty, Specialty Property, and Farm, Ranch, & Stable segments comprise the Company’s U.S. Insurance Operations (“Insurance Operations”). The Company’s Reinsurance Operations consist solely of the operations of its Bermuda-based wholly-owned subsidiary, Global Indemnity Reinsurance Company, Ltd. (“Global Indemnity Reinsurance”). Global Indemnity Reinsurance is a treaty reinsurer of specialty property and casualty insurance and reinsurance companies. The Company’s Reinsurance Operations segment provides reinsurance solutions through brokers and primary writers including insurance and reinsurance companies. During the 1 st The interim consolidated financial statements are unaudited, but have been prepared in conformity with United States of America generally accepted accounting principles (“GAAP”), which differs in certain respects from those principles followed in reports to insurance regulatory authorities. The preparation of consolidated financial statements in conformity with GAAP requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the consolidated financial statements and the reported amounts of revenues and expenses during the reporting period. Actual results could differ from those estimates. The unaudited consolidated financial statements include all adjustments that are, in the opinion of management, of a normal recurring nature and are necessary for a fair statement of results for the interim periods. Results of operations for the quarters and six months ended June 30, 2019 and 2018 are not necessarily indicative of the results of a full year. The accompanying notes to the unaudited consolidated financial statements should be read in conjunction with the notes to the consolidated financial statements contained in the Company’s 2018 Annual Report on Form 10-K. The consolidated financial statements include the accounts of Global Indemnity and its wholly owned subsidiaries. All intercompany balances and transactions have been eliminated in consolidation.

Investments

Investments	6 Months Ended
	Jun. 30, 2019
Investments Schedule [Abstract]
Investments	2. Investments The amortized cost and estimated fair value of investments were as follows as of June 30, 2019 and December 31, 2018: (Dollars in thousands) Amortized Cost Gross Unrealized Gains Gross Unrealized Losses Estimated Fair Value Other than temporary impairments recognized in AOCI (1) As of June 30, 2019 Fixed maturities: U.S. treasury and agency obligations $ 175,763 $ 4,414 $ (75 ) $ 180,102 $ — Obligations of states and political subdivisions 40,013 890 - 40,903 — Mortgage-backed securities 183,430 2,488 (164 ) 185,754 — Asset-backed securities 175,979 1,351 (386 ) 176,944 — Commercial mortgage-backed securities 239,463 4,303 (357 ) 243,409 — Corporate bonds 266,706 6,894 (323 ) 273,277 — Foreign corporate bonds 94,292 1,638 (43 ) 95,887 — Total fixed maturities 1,175,646 21,978 (1,348 ) 1,196,276 — Equity Securities 262,029 — — 262,029 — Other invested assets 51,472 — — 51,472 — Total $ 1,489,147 $ 21,978 $ (1,348 ) $ 1,509,777 $ — (1) Represents the total amount of other than temporary impairment losses relating to factors other than credit losses recognized in accumulated other comprehensive income (“AOCI”). (Dollars in thousands) Amortized Cost Gross Unrealized Gains Gross Unrealized Losses Estimated Fair Value Other than temporary impairments recognized in AOCI (1) As of December 31, 2018 Fixed maturities: U.S. treasury and agency obligations $ 79,766 $ 252 $ (1,163 ) $ 78,855 $ — Obligations of states and political subdivisions 95,629 322 (338 ) 95,613 — Mortgage-backed securities 119,327 313 (1,786 ) 117,854 — Asset-backed securities 185,430 336 (2,012 ) 183,754 — Commercial mortgage-backed securities 206,236 338 (3,852 ) 202,722 — Corporate bonds 452,692 243 (12,080 ) 440,855 — Foreign corporate bonds 118,750 44 (3,292 ) 115,502 — Total fixed maturities 1,257,830 1,848 (24,523 ) 1,235,155 — Common stock 124,747 — — 124,747 — Other invested assets 50,753 — — 50,753 — Total $ 1,433,330 $ 1,848 $ (24,523 ) $ 1,410,655 $ — (1) Represents the total amount of other than temporary impairment losses relating to factors other than credit losses recognized in accumulated other comprehensive income (“AOCI”). Beginning with the quarter ended June 30, 2019, the Company’s investments in equity securities consist of $127.2 million of common stock, mutual funds that invest in fixed maturities of $70.6 million, and mutual funds that invest in common stocks of $64.2 million. The Company evaluates its investments in mutual funds and limited partnerships on a quarterly basis to ensure that they are appropriately diversified. Excluding U.S. treasuries, agency bonds, mutual funds, and limited partnerships, the Company did not hold any debt or equity investments in a single issuer that was in excess of 3% of shareholders' equity at June 30, 2019 and December 31, 2018. The amortized cost and estimated fair value of the Company’s fixed maturities portfolio classified as available for sale at June 30, 2019, 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 Cost Estimated Fair Value Due in one year or less $ 48,262 $ 48,230 Due in one year through five years 345,085 350,697 Due in five years through ten years 121,987 126,075 Due in ten years through fifteen years 15,388 16,136 Due after fifteen years 46,052 49,031 Mortgage-backed securities 183,430 185,754 Asset-backed securities 175,979 176,944 Commercial mortgage-backed securities 239,463 243,409 Total $ 1,175,646 $ 1,196,276 The following table contains an analysis of the Company’s fixed income securities with gross unrealized losses, categorized by the period that the securities were in a continuous loss position as of June 30, 2019. Less than 12 months 12 months or longer (1) Total (Dollars in thousands) Fair Value Gross Unrealized Losses Fair Value Gross Unrealized Losses Fair Value Gross Unrealized Losses Fixed maturities: U.S. treasury and agency obligations $ 452 $ (1 ) $ 25,141 $ (74 ) $ 25,593 $ (75 ) Mortgage-backed securities 24,110 (70 ) 21,896 (94 ) 46,006 (164 ) Asset-backed securities 29,989 (155 ) 32,009 (231 ) 61,998 (386 ) Commercial mortgage-backed securities 18,654 (46 ) 32,575 (311 ) 51,229 (357 ) Corporate bonds 15 (1 ) 27,959 (322 ) 27,974 (323 ) Foreign corporate bonds 1,146 (3 ) 10,840 (40 ) 11,986 (43 ) Total fixed maturities $ 74,366 $ (276 ) $ 150,420 $ (1,072 ) $ 224,786 $ (1,348 ) (1) Fixed maturities in a gross unrealized loss position for twelve months or longer are primarily comprised of non-credit losses on investment grade 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 Company has analyzed these securities and has determined that they are not other than temporarily impaired. The following table contains an analysis of the Company’s fixed income securities with gross unrealized losses, categorized by the period that the securities were in a continuous loss position as of December 31, 2018: Less than 12 months 12 months or longer (1) Total (Dollars in thousands) Fair Value Gross Unrealized Losses Fair Value Gross Unrealized Losses Fair Value Gross Unrealized Losses Fixed maturities: U.S. treasury and agency obligations $ — $ — $ 67,185 $ (1,163 ) $ 67,185 $ (1,163 ) Obligations of states and political subdivisions 22,802 (57 ) 28,179 (281 ) 50,981 (338 ) Mortgage-backed securities 36,858 (408 ) 60,838 (1,378 ) 97,696 (1,786 ) Asset-backed securities 96,085 (1,342 ) 50,506 (670 ) 146,591 (2,012 ) Commercial mortgage-backed securities 44,596 (878 ) 127,557 (2,974 ) 172,153 (3,852 ) Corporate bonds 285,997 (8,791 ) 115,052 (3,289 ) 401,049 (12,080 ) Foreign corporate bonds 56,543 (1,795 ) 47,494 (1,497 ) 104,037 (3,292 ) Total fixed maturities $ 542,881 $ (13,271 ) $ 496,811 $ (11,252 ) $ 1,039,692 $ (24,523 ) (1) Fixed maturities in a gross unrealized loss position for twelve months or longer are primarily comprised of non-credit losses on investment grade 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 Company has analyzed these securities and has determined that they are not other than temporarily impaired. The Company regularly performs various analytical valuation procedures with respect to its investments, including reviewing each fixed maturity security in an unrealized loss position to assess whether the security has a credit loss. Specifically, the Company considers credit rating, market price, and issuer specific financial information, among other factors, to assess the likelihood of collection of all principal and interest as contractually due. Securities for which the Company determines that a credit loss is likely are subjected to further analysis through discounted cash flow testing to estimate the credit loss to be recognized in earnings, if any. The specific methodologies and significant assumptions used by asset class are discussed below. Upon identification of such securities and periodically thereafter, a detailed review is performed to determine whether the decline is considered other than temporary. This review includes an analysis of several factors, including but not limited to, the credit ratings and cash flows of the securities and the magnitude and length of time that the fair value of such securities is below cost. For fixed maturities, the factors considered in reaching the conclusion that a decline below cost is other than temporary include, among others, whether: (1) the issuer is in financial distress; (2) the investment is secured; (3) a significant credit rating action occurred; (4) scheduled interest payments were delayed or missed; (5) changes in laws or regulations have affected an issuer or industry; (6) 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; and (7) the investment failed cash flow projection testing to determine if anticipated principal and interest payments will be realized. 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 the Company must recognize an other than temporary impairment with the entire unrealized loss being recorded through earnings. For debt securities in an unrealized loss position not meeting these conditions, the Company assesses whether the impairment of a security is other than temporary. If the impairment is deemed to be other than temporary, the Company must separate the other than temporary impairment into two components: the amount representing the credit loss and the amount related to all other factors, such as changes in interest rates. The credit loss represents the portion of the amortized book value in excess of the net present value of the projected future cash flows discounted at the effective interest rate implicit in the debt security prior to impairment. The credit loss component of the other than temporary impairment is recorded through earnings, whereas the amount relating to factors other than credit losses is recorded in other comprehensive income, net of taxes. 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. treasury and agency obligations – As of June 30, 2019, gross unrealized losses related to U.S. treasury and agency obligations were $0.075 million. Of this amount, $0.074 million have been in an unrealized loss position for twelve months or greater and are rated AA+. 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. Mortgage-backed securities (“MBS”) – As of June 30, 2019, gross unrealized losses related to mortgage-backed securities were $0.164 million. Of this amount, $0.094 million have been in an unrealized loss position for twelve months or greater and are rated AA+ or better. 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 LTV, 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. Asset backed securities (“ABS”) - As of June 30, 2019, gross unrealized losses related to asset backed securities were $0.386 million. Of this amount, $0.231 million have been in an unrealized loss position for twelve months or greater. 98.7% of the unrealized losses for twelve months or greater are related to securities rated A or better. The weighted average credit enhancement for the Company’s asset backed portfolio is 25.4. This represents the percentage of pool losses that can occur before an asset backed security will incur its first dollar of principal losses. 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. Commercial mortgage-backed securities (“CMBS”) - As of June 30, 2019, gross unrealized losses related to the CMBS portfolio were $0.357 million. Of this amount, $0.311 million have been in an unrealized loss position for twelve months or greater and are rated AA+ or better. The weighted average credit enhancement for the Company’s CMBS portfolio is 50.4. This represents the percentage of pool losses that can occur before a mortgage-backed security will incur its first dollar of principal loss. For the Company’s CMBS portfolio, 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. Corporate bonds - As of June 30, 2019, gross unrealized losses related to corporate bonds were $0.323 million. Of this amount, $0.322 million have been in an unrealized loss position for twelve months or greater and are rated investment grade or better. The analysis for this asset class includes maintaining detailed financial models that include a projection of each issuer’s future financial performance, including prospective debt servicing capabilities, capital structure composition, and the value of the collateral. The analysis incorporates the macroeconomic environment, industry conditions in which the issuer operates, the issuer’s current competitive position, its vulnerability to changes in the competitive and regulatory environment, issuer liquidity, issuer commitment to bondholders, issuer creditworthiness, and asset protection. Part of the process also includes running downside scenarios to evaluate the expected likelihood of default as well as potential losses in the event of default. Foreign bonds – As of June 30, 2019, gross unrealized losses related to foreign bonds were $0.043 million. Of this amount, $0.040 million have been in an unrealized loss position for twelve months or greater and rated A- or better. For this asset class, 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. The Company recorded the following other than temporary impairments (“OTTI”) on its investment portfolio for the quarters and six months ended June 30, 2019 and 2018: Quarters Ended June 30, Six Months Ended June 30, (Dollars in thousands) 2019 2018 2019 2018 Fixed maturities: OTTI losses, gross $ — $ (371 ) $ (1,897 ) $ (371 ) Portion of loss recognized in other comprehensive income (pre-tax) — — — — Net impairment losses on fixed maturities recognized in earnings $ — $ (371 ) $ (1,897 ) $ (371 ) The following table is an analysis of the credit losses recognized in earnings on fixed maturities held by the Company for the quarters and six months ended June 30, 2019 and 2018 for which a portion of the OTTI loss was recognized in other comprehensive income. Quarters Ended June 30, Six Months Ended June 30, (Dollars in thousands) 2019 2018 2019 2018 Balance at beginning of period $ 13 $ 13 $ 13 $ 13 Additions where no OTTI was previously recorded — — — — Additions where an OTTI was previously recorded — — — — Reductions for securities for which the company intends to sell or more likely than not will be required to sell before recovery — — — — Reductions reflecting increases in expected cash flows to be collected — — — — Reductions for securities sold during the period — — — — Balance at end of period $ 13 $ 13 $ 13 $ 13 Accumulated Other Comprehensive Income, Net of Tax Accumulated other comprehensive income, net of tax, as of June 30, 2019 and December 31, 2018 was as follows: (Dollars in thousands) June 30, 2019 December 31, 2018 Net unrealized gains (losses)from: Fixed maturities $ 20,630 $ (22,675 ) Foreign currency fluctuations (1,203 ) (1,334 ) Deferred taxes (2,885 ) 2,778 Accumulated other comprehensive income, net of tax $ 16,542 $ (21,231 ) The following tables present the changes in accumulated other comprehensive income, net of tax, by component for the quarters and six months ended June 30, 2019 and 2018: Quarter Ended June 30, 2019 (Dollars In Thousands) Unrealized Gains and Losses on Available for Sale Securities Foreign Currency Items Accumulated Other Comprehensive Income Beginning balance, net of tax $ 2,809 $ (1,140 ) $ 1,669 Other comprehensive income (loss) before reclassification, before tax 21,286 (63 ) 21,223 Amounts reclassified from accumulated other comprehensive (income), before tax (4,083 ) — (4,083 ) Other comprehensive income (loss), before tax 17,203 (63 ) 17,140 Income tax (expense) related to items of OCI (2,267 ) — (2,267 ) Ending balance, net of tax $ 17,745 $ (1,203 ) $ 16,542 Quarter Ended June 30, 2018 (Dollars In Thousands) Unrealized Gains and Losses on Available for Sale Securities Foreign Currency Items Accumulated Other Comprehensive Income Beginning balance, net of tax $ (16,710 ) $ 179 $ (16,531 ) Other comprehensive (loss) before reclassification, before tax (6,639 ) (728 ) (7,367 ) Amounts reclassified from accumulated other comprehensive loss, before tax 732 — 732 Other comprehensive (loss), before tax (5,907 ) (728 ) (6,635 ) Income tax benefit related to items of OCI 691 — 691 Ending balance, net of tax $ (21,926 ) $ (549 ) $ (22,475 ) Six Months Ended June 30, 2019 (Dollars In Thousands) Unrealized Gains and Losses on Available for Sale Securities Foreign Currency Items Accumulated Other Comprehensive Income Beginning balance, net of tax $ (19,897 ) $ (1,334 ) $ (21,231 ) Other comprehensive income before reclassification, before tax 45,193 131 45,324 Amounts reclassified from accumulated other comprehensive (income), before tax (1,888 ) — (1,888 ) Other comprehensive income, before tax 43,305 131 43,436 Income tax (expense) related to items of OCI (5,663 ) — (5,663 ) Ending balance, net of tax $ 17,745 $ (1,203 ) $ 16,542 Six Months Ended June 30, 2018 (Dollars In Thousands) Unrealized Gains and Losses on Available for Sale Securities Foreign Currency Items Accumulated Other Comprehensive Income Beginning balance, net of tax $ 8,272 $ 711 $ 8,983 Other comprehensive (loss) before reclassification, before tax (23,983 ) (1,100 ) (25,083 ) Amounts reclassified from accumulated other comprehensive loss, before tax 825 — 825 Other comprehensive (loss), before tax (23,158 ) (1,100 ) (24,258 ) Income tax benefit related to items of OCI 2,828 — 2,828 Cumulative effect adjustment, net of tax (9,868 ) (160 ) (10,028 ) Ending balance, net of tax $ (21,926 ) $ (549 ) $ (22,475 ) The reclassifications out of accumulated other comprehensive income for the quarters and six months ended June 30, 2019 and 2018 were as follows: (Dollars in thousands) Amounts Reclassified from Accumulated Other Comprehensive Income Quarters Ended June 30, Details about Accumulated Other Comprehensive Income Components Affected Line Item in the Consolidated Statements of Operations 2019 2018 Unrealized gains and losses on available for sale securities Other net realized investment (gains) losses $ (4,083 ) $ 361 Other than temporary impairment losses on investments - 371 Total before tax (4,083 ) 732 Income tax expense (benefit) 343 (121 ) Unrealized gains and losses on available for sale securities, net of tax (3,740 ) 611 Foreign currency items Other net realized investment (gains) losses — — Income tax expense — — Foreign currency items, net of tax — — Total reclassifications Total reclassifications, net of tax $ (3,740 ) $ 611 Amounts Reclassified from Accumulated Other Comprehensive Income (Dollars in thousands) Six Months Ended June 30, Details about Accumulated Other Comprehensive Income Components Affected Line Item in the Consolidated Statements of Operations 2019 2018 Unrealized gains and losses on available for sale securities Other net realized investment (gains) losses $ (3,785 ) $ 454 Other than temporary impairment losses on investments 1,897 371 Total before tax (1,888 ) 825 Income tax expense (benefit) 70 (139 ) Unrealized gains and losses on available for sale securities, net of tax (1,818 ) 686 Foreign currency items Other net realized investment (gains) losses — — Income tax expense — - Foreign currency items, net of tax — - Total reclassifications Total reclassifications, net of tax $ (1,818 ) $ 686 Net Realized Investment Gains (Losses) The components of net realized investment gains (losses) for the quarters and six months ended June 30, 2019 and 2018 were as follows: Quarters Ended June 30, Six Months Ended June 30, (Dollars in thousands) 2019 2018 2019 2018 Fixed maturities: Gross realized gains $ 4,685 $ 20 $ 4,711 $ 44 Gross realized losses (602 ) (752 ) (2,823 ) (869 ) Net realized gains (losses) 4,083 (732 ) 1,888 (825 ) Equity Securities: Gross realized gains 8,570 2,874 25,255 6,327 Gross realized losses (4,397 ) (809 ) (5,930 ) (8,636 ) Net realized gains (losses) 4,173 2,065 19,325 (2,309 ) Derivatives: Gross realized gains — 1,966 — 6,767 Gross realized losses (4,666 ) (469 ) (7,233 ) (1,119 ) Net realized gains (losses) (1) (4,666 ) 1,497 (7,233 ) 5,648 Total net realized investment gains (losses) $ 3,590 $ 2,830 $ 13,980 $ 2,514 (1) Includes periodic net interest settlements related to the derivatives of $0.2 million and $0.5 million for the quarters ended June 30, 2019 and 2018, respectively, and $0.4 million and $1.2 million for the six months ended June 30, 2019 and 2018, respectively. New accounting guidance regarding equity securities was implemented on January 1, 2018 which requires companies to disclose realized gains and losses for equity securities still held at period end and gains and losses from securities sold during the period. The following table shows the calculation of the portion of realized gains and losses related to equity securities held as of June 30, 2019 and 2018: Quarters Ended June 30, Six Months Ended June 30, (Dollars in thousands) 2019 2018 2019 2018 Net gains and (losses) recognized during the period on equity securities $ 4,173 $ 2,065 $ 19,325 $ (2,309 ) Less: Net gains recognized during the period on equity securities sold during the period 8,416 1,308 10,450 1,862 Unrealized gains and (losses) recognized during the reporting period on equity securities still held at the reporting date $ (4,243 ) $ 757 $ 8,875 $ (4,171 ) The proceeds from sales and redemptions of available for sale and equity securities resulting in net realized investment gains (losses) for the six months ended June 30, 2019 and 2018 were as follows: Six Months Ended June 30, (Dollars in thousands) 2019 2018 Fixed maturities $ 569,529 $ 114,456 Equity securities 167,028 17,461 Net Investment Income The sources of net investment income for the quarters and six months ended June 30, 2019 and 2018 were as follows: Quarters Ended June 30, Six Months Ended June 30, (Dollars in thousands) 2019 2018 2019 2018 Fixed maturities $ 8,918 $ 9,188 $ 18,886 $ 17,716 Equity securities 1,543 1,005 2,680 2,004 Cash and cash equivalents 469 265 870 529 Other invested assets 3,818 1,240 114 3,563 Total investment income 14,748 11,698 22,550 23,812 Investment expense (922 ) (744 ) (1,505 ) (1,454 ) Net investment income $ 13,826 $ 10,954 $ 21,045 $ 22,358 The Company’s total investment return on a pre-tax basis for the quarters and six months ended June 30, 2019 and 2018 were as follows: Quarters Ended June 30, Six Months Ended June 30, (Dollars in thousands) 2019 2018 2019 2018 Net investment income $ 13,826 $ 10,954 $ 21,045 $ 22,358 Net realized investment gains (losses) 3,590 2,830 13,980 2,514 Change in unrealized holding gains and losses 17,140 (6,635 ) 43,436 (24,258 ) Net realized and unrealized investment returns 20,730 (3,805 ) 57,416 (21,744 ) Total investment return $ 34,556 $ 7,149 $ 78,461 $ 614 Total investment return % (1) 2.2 % 0.5 % 5.1 % 0.0 % Average investment portfolio (2) $ 1,537,280 $ 1,546,801 $ 1,533,155 $ 1,543,593 (1) Not annualized. (2) Average of total cash and invested assets, net of receivable/payable for securities purchased and sold, as of the beginning and end of the period. As of June 30, 2019, the Company did not own fixed maturity securities that were non-income producing for the preceding twelve months. As of December 31, 2018, the Company owned fixed maturity securities with a market value of $0.4 million that were non-income producing for the preceding twelve months. Insurance Enhanced Asset-Backed and Credit Securities As of June 30, 2019, the Company held insurance enhanced collateralized mortgage obligations, commercial mortgage-backed and credit securities with a market value of approximately $ rating of A summary of the Company’s insurance enhanced municipal bonds that are backed by financial guarantors, including the pre-refunded bonds that are escrowed in U.S. government obligations, as of June 30, 2019, is as follows: (Dollars in thousands) Financial Guarantor Total Pre- refunded Securities Government Guaranteed Securities Exposure Net of Pre-refunded & Government Guaranteed Securities Municipal Bond Insurance Association $ 678 $ — $ — $ 678 Total backed by financial guarantors $ 678 $ — $ — $ 678 In addition to the tax-free municipal bonds, the Company held $40.7 million of insurance enhanced bonds, which represented approximately 2.6% of the Company’s total invested assets, net of receivable/payable for securities purchased and sold. The insurance enhanced bonds are comprised of $10.8 million of taxable municipal bonds, $29.8 million of commercial mortgage-backed securities, and $0.1 million of collateralized mortgage obligations. The financial guarantors of the Company’s $40.7 million of insurance enhanced commercial-mortgage-backed, taxable municipal securities, and collateralized mortgage obligations include Municipal Bond Insurance Association ($4.5 million), Assured Guaranty Corporation ($6.3 million), Federal Home Loan Mortgage Corporation ($29.8 million), and Federal Deposit Insurance Corporation ($0.1 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 June 30, 2019. Bonds Held on Deposit Certain cash balances, cash equivalents, equity securities, and bonds available for sale were deposited with various governmental authorities in accordance with statutory requirements, were held as collateral pursuant to borrowing arrangements, or were held in trust pursuant to intercompany reinsurance agreements. The fair values were as follows as of June 30, 2019 and December 31, 2018: Estimated Fair Value (Dollars in thousands) June 30, 2019 December 31, 2018 On deposit with governmental authorities $ 26,361 $ 25,855 Intercompany trusts held for the benefit of U.S. policyholders 186,674 209,028 Held in trust pursuant to third party requirements 115,528 98,417 Letter of credit held for third party requirements 1,458 2,317 Securities held as collateral for borrowing arrangements (1) 82,822 83,214 Total $ 412,843 $ 418,831 (1) Amount required to collateralize margin borrowing facility. 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 fair value of one of the Company’s VIE’s, which invests in distressed securities and assets, was $15.5 million and $17.9 million as of June 30, 2019 and December 31, 2018, respectively. The Company’s maximum exposure to loss from this VIE, which factors in future funding commitments, was $29.8 million and $32.1 million at June 30, 2019 and December 31, 2018, respectively. The fair value of a second VIE that also invests in distressed securities and assets was $35.9 million and $32.9 million at June 30, 2019 and December 31, 2018, respectively. The Company’s maximum exposure to loss from this VIE, which factors in future funding commitments, was $52.9 million and $53.4 million at June 30, 2019 and December 31, 2018, respectively.

Derivative Instruments

Derivative Instruments	6 Months Ended
	Jun. 30, 2019
Derivative Instruments And Hedging Activities Disclosure [Abstract]
Derivative Instruments	3. Derivative Instruments Interest rate swaps are used by the Company primarily to reduce risks from changes in interest rates. Under the terms of the interest rate swaps, the Company agrees with another party 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 accounts for the interest rate swaps as non-hedge instruments and recognizes the fair value of the interest rate swaps in other assets or other liabilities on the consolidated balance sheets with the changes in fair value recognized as net realized investment gains or losses in the consolidated statements of operations. The Company is ultimately responsible for the valuation of the interest rate swaps. To aid in determining the estimated fair value of the interest rate swaps, the Company relies on the forward interest rate curve and information obtained from a third party financial institution. The following table summarizes information on the location and the gross amount of the derivatives’ fair value on the consolidated balance sheets as of June 30, 2019 and December 31, 2018: (Dollars in thousands) June 30, 2019 December 31, 2018 Derivatives Not Designated as Hedging Instruments under ASC 815 Balance Sheet Location Notional Amount Fair Value Notional Amount Fair Value Interest rate swap agreements Other assets/liabilities $ 200,000 $ (10,898 ) $ 200,000 $ (4,062 ) The following table summarizes the net gains (losses) included in the consolidated statements of operations for changes in the fair value of the derivatives and the periodic net interest settlements under the derivatives for the quarters and six months ended June 30, 2019 and 2018: Quarters Ended June 30, Six Months Ended June 30, (Dollars in thousands) Consolidated Statements of Operations Line 2019 2018 2019 2018 Interest rate swap agreements Net realized investment gains (losses) $ (4,666 ) $ 1,497 $ (7,233 ) $ 5,648 As of June 30, 2019 and December 31, 2018, the Company is due $2.6 million for funds it needed to post to execute the swap transaction and $11.4 million and $3.7 million, respectively, for margin calls made in connection with the interest rate swaps. These amounts are included in other assets on the consolidated balance sheets.

Fair Value Measurements

Fair Value Measurements	6 Months Ended
	Jun. 30, 2019
Fair Value Disclosures [Abstract]
Fair Value Measurements	4. Fair Value Measurements The accounting standards related to fair value measurements define fair value, establish a framework for measuring fair value, outline a fair value hierarchy based on inputs used to measure fair value, and enhance disclosure requirements for fair value measurements. These standards do not change existing guidance as to whether or not an instrument is carried at fair value. The Company has determined that its fair value measurements are in accordance with the requirements of these accounting standards. The Company’s invested assets and derivative instruments are carried at their fair value and are categorized based upon a fair value hierarchy: • Level 1 – inputs utilize quoted prices (unadjusted) in active markets for identical assets that the Company has the ability to access at the measurement date. • Level 2 – inputs utilize other than quoted prices included in Level 1 that are observable for similar assets, either directly or indirectly. • Level 3 – inputs are unobservable for the asset, and include situations where there is little, if any, market activity for the asset. In certain cases, the inputs used to measure fair value may fall into different levels of the fair value hierarchy. In such cases, the level in the fair value hierarchy within which the fair value measurement falls has been determined based on the lowest level input that is significant to the fair value measurement in its entirety. The Company’s assessment of the significance of a particular input to the fair value measurement in its entirety requires judgment, and considers factors specific to the asset. The following table presents information about the Company’s invested assets and derivative instruments measured at fair value on a recurring basis as of June 30, 2019 and December 31, 2018 and indicates the fair value hierarchy of the valuation techniques utilized by the Company to determine such fair value. Fair Value Measurements As of June 30, 2019 (Dollars in thousands) Level 1 Level 2 Level 3 Total Assets: Fixed maturities: U.S. treasury and agency obligations $ 180,102 $ — $ — $ 180,102 Obligations of states and political subdivisions — 40,903 — 40,903 Mortgage-backed securities — 185,754 — 185,754 Commercial mortgage-backed securities — 243,409 — 243,409 Asset-backed securities — 176,944 — 176,944 Corporate bonds — 273,277 — 273,277 Foreign corporate bonds — 95,887 — 95,887 Total fixed maturities 180,102 1,016,174 — 1,196,276 Equity securities 262,029 — — 262,029 Total assets measured at fair value (1) $ 442,131 $ 1,016,174 $ — $ 1,458,305 Liabilities: Derivative instruments $ — $ 10,898 $ — $ 10,898 Total liabilities measured at fair value $ — $ 10,898 $ — $ 10,898 (1) Excluded from the table above are limited partnerships of $51.5 million at June 30, 2019 whose fair value is based on net asset value as a practical expedient. Fair Value Measurements As of December 31, 2018 (Dollars in thousands) Level 1 Level 2 Level 3 Total Assets: Fixed maturities: U.S. treasury and agency obligations $ 78,855 $ — $ — $ 78,855 Obligations of states and political subdivisions — 95,613 — 95,613 Mortgage-backed securities — 117,854 — 117,854 Commercial mortgage-backed securities — 202,722 — 202,722 Asset-backed securities — 183,754 — 183,754 Corporate bonds — 440,855 — 440,855 Foreign corporate bonds — 115,502 — 115,502 Total fixed maturities 78,855 1,156,300 — 1,235,155 Common stock 124,747 — — 124,747 Total assets measured at fair value (1) $ 203,602 $ 1,156,300 $ — $ 1,359,902 Liabilities: Derivative instruments $ — $ 4,062 $ — $ 4,062 Total liabilities measured at fair value $ — $ 4,062 $ — $ 4,062 (1) Excluded from the table above are limited partnerships of $50.8 million at December 31, 2018 whose fair value is based on net asset value as a practical expedient. The securities classified as Level 1 in the above table consist of U.S. Treasuries and equity securities actively traded on an exchange. The securities classified as Level 2 in the above table consist primarily of fixed maturity securities and derivative instruments. Based on the typical trading volumes and the lack of quoted market prices for fixed maturities, security prices are derived through recent reported trades for identical or similar securities making adjustments through the reporting date based upon available market observable information. If there are no recent reported trades, matrix or model processes are used to develop a security price where future cash flow expectations are developed based upon collateral performance and discounted at an estimated market rate. Included in the pricing of asset-backed securities, collateralized mortgage obligations, and mortgage-backed securities are estimates of the rate of future prepayments of principal over the remaining life of the securities. Such estimates are derived based on the characteristics of the underlying structure and prepayment speeds previously experienced at the interest rate levels projected for the underlying collateral. The estimated fair value of the derivative instruments, consisting of interest rate swaps, is obtained from a third party financial institution that utilizes observable inputs such as the forward interest rate curve. For the Company’s material debt arrangements, the current fair value of the Company’s debt at June 30, 2019 and December 31, 2018 was as follows: June 30, 2019 December 31, 2018 (Dollars in thousands) Carrying Value Fair Value Carrying Value Fair Value Margin Borrowing Facility $ 69,227 $ 69,227 $ 65,818 $ 65,818 7.75% Subordinated Notes due 2045 (1) 96,803 99,963 96,742 92,261 7.875% Subordinated Notes due 2047 (2) 126,076 130,964 126,005 120,597 Total $ 292,106 $ 300,154 $ 288,565 $ 278,676 (1) As of June 30, 2019 and December 31, 2018, the carrying value and fair value of the 7.75% Subordinated Notes due 2045 are net of unamortized debt issuance cost of $3.2 million and $3.3 million, respectively. (2) As of June 30, 2019 and December 31, 2018, the carrying value and fair value of the 7.875% Subordinated Notes due 2047 are net of unamortized debt issuance cost of $3.9 million and $4.0 million, respectively. The fair value of the margin borrowing facility approximates its carrying value due to the facility being due on demand. The subordinated notes due 2045 and 2047 are publicly traded instruments and are classified as Level 1 in the fair value hierarchy. There were no transfers between Level 1 and Level 2 during the quarters ended June 30, 2019 and 2018. Fair Value of Alternative Investments Other invested assets consist of limited liability partnerships whose fair value is based on net asset value per share practical expedient. The following table provides the fair value and future funding commitments related to these investments at June 30, 2019 and December 31, 2018. June 30, 2019 December 31, 2018 (Dollars in thousands) Fair Value Future Funding Commitment Fair Value Future Funding Commitment Real Estate Fund, LP (1) $ — $ — $ — $ — European Non-Performing Loan Fund, LP (2) 15,544 14,214 17,893 14,214 Distressed Debt Fund, LP (3) 35,928 17,000 32,860 20,500 Total $ 51,472 $ 31,214 $ 50,753 $ 34,714 (1) This limited partnership invests in real estate assets through a combination of direct or indirect investments in partnerships, limited liability companies, mortgage loans, and lines of credit. 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. The Company does not have the ability to sell or transfer its limited partnership interest without consent from the general partner. The Company continues to hold an investment in this limited partnership and has written the fair value down to zero. (2) 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. Based on the terms of the partnership agreement, the Company anticipates its interest in this partnership to be redeemed by 2020. (3) This limited partnership invests in stressed and distressed securities and structured products. The Company does not have the ability to sell or transfer its limited partnership interest without consent from the general partner. The Company does not have the contractual option to redeem its limited partnership interest but receives distributions based on the liquidation of the underlying assets. Based on the terms of the partnership agreement, the Company anticipates its interest to be redeemed no later than 2027. 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 a limited liability company and limited partnership requires that its cost basis be updated to account for the income or loss earned on the investment. The investment income or loss associated with these limited liability companies or limited partnerships, which is reflected in the consolidated statements of operations, was $3.8 million and $1.2 million for the quarters ended June 30, 2019 and 2018, respectively, and $0.1 million and $3.6 million during the six months ended June 30, 2019 and 2018, respectively. Pricing The Company’s pricing vendors provide prices for all investment categories except for investments in limited partnerships whose fair value is based on net asset values as a practical expedient. 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 all primary and secondary exchanges. • Corporate and agency bonds are evaluated by utilizing a spread to a benchmark curve. Bonds with similar characteristics are grouped into specific sectors. Inputs for both asset classes consist of trade prices, broker quotes, the new issue market, and prices on comparable securities. • Data from commercial vendors is aggregated with market information, then converted into an OAS matrix and prepayment model used for commercial mortgage obligations (“CMO”). CMOs are categorized with mortgage-backed securities in the tables listed above. For asset-backed securities, spread data is derived from trade prices, dealer quotations, and research reports. For both asset classes, evaluations utilize standard inputs plus new issue data, and collateral performance. The evaluated pricing models incorporate cash flows, broker quotes, market trades, historical prepayment speeds, and dealer projected speeds. • For obligations of state and political subdivisions, an attribute-based modeling system is used. The pricing model incorporates trades, market clearing yields, market color, and fundamental credit research. • U.S. treasuries are evaluated by obtaining feeds from a number of live data sources including primary and secondary dealers as well as inter-dealer brokers. • For mortgage-backed securities, various external analytical products are utilized and purchased from commercial vendors. The Company performs certain procedures to validate whether the pricing information received from the pricing vendors is reasonable, to ensure that the fair value determination is consistent with accounting guidance, and to ensure that its assets are properly classified in the fair value hierarchy. The Company’s procedures include, but are not limited to: • Reviewing periodic reports provided by the Investment Manager that provides information regarding rating changes and securities placed on watch. This procedure allows the Company to understand why a particular security’s market value may have changed or may potentially change. • Understanding and periodically evaluating the various pricing methods and procedures used by the Company’s pricing vendors to ensure that investments are properly classified within the fair value hierarchy. • On a quarterly basis, the Company corroborates investment security prices received from its pricing vendors by obtaining pricing from a second pricing vendor for a sample of securities. During the quarters and six months ended June 30, 2019 and 2018, the Company has not adjusted quotes or prices obtained from the pricing vendors.

Income Taxes

Income Taxes	6 Months Ended
	Jun. 30, 2019
Income Tax Disclosure [Abstract]
Income Taxes	5. Income Taxes As of June 30, 2019, the statutory income tax rates of the countries where the Company conducts business are 21% in the United States, 0% in Bermuda, 0% in the Cayman Islands, 26.01% for companies with a registered office in Luxembourg City, 1.0% to 2.5% in Barbados, 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 from its non-U.S. subsidiaries and U.S. subsidiaries for the quarters and six months ended June 30, 2019 and 2018 were as follows: Quarter Ended June 30, 2019 (Dollars in thousands) Non-U.S. Subsidiaries U.S. Subsidiaries Eliminations Total Revenues: Gross premiums written $ 32,059 $ 147,262 $ — $ 179,321 Net premiums written $ 32,059 $ 127,010 $ — $ 159,069 Net premiums earned $ 18,579 $ 109,622 $ — $ 128,201 Net investment income 10,672 9,956 (6,802 ) 13,826 Net realized investment gains 2,285 1,305 — 3,590 Other income (loss) (38 ) 560 — 522 Total revenues 31,498 121,443 (6,802 ) 146,139 Losses and Expenses: Net losses and loss adjustment expenses 11,468 58,607 — 70,075 Acquisition costs and other underwriting expenses 5,360 45,174 — 50,534 Corporate and other operating expenses 1,779 2,860 — 4,639 Interest expense 355 11,489 (6,802 ) 5,042 Income before income taxes $ 12,536 $ 3,313 $ — $ 15,849 Quarter Ended June 30, 2018 (Dollars in thousands) Non-U.S. Subsidiaries U.S. Subsidiaries Eliminations Total Revenues: Gross premiums written $ 20,300 $ 138,517 $ — $ 158,817 Net premiums written $ 20,300 $ 116,154 $ — $ 136,454 Net premiums earned $ 37,111 $ 76,806 $ — $ 113,917 Net investment income 12,293 7,036 (8,375 ) 10,954 Net realized investment gains (losses) (159 ) 2,989 — 2,830 Other income (loss) (147 ) 471 — 324 Total revenues 49,098 87,302 (8,375 ) 128,025 Losses and Expenses: Net losses and loss adjustment expenses 12,768 46,093 — 58,861 Acquisition costs and other underwriting expenses 16,147 31,366 — 47,513 Corporate and other operating expenses 4,915 6,003 — 10,918 Interest expense 1,552 11,763 (8,375 ) 4,940 Income (loss) before income taxes $ 13,716 $ (7,923 ) $ — $ 5,793 Six Months Ended June 30, 2019 (Dollars in thousands) Non-U.S. Subsidiaries U.S. Subsidiaries Eliminations Total Revenues: Gross premiums written $ 49,608 $ 271,914 $ — $ 321,522 Net premiums written $ 49,601 $ 232,884 $ — $ 282,485 Net premiums earned $ 33,286 $ 217,004 $ — $ 250,290 Net investment income 15,042 13,092 (7,089 ) 21,045 Net realized investment gains 1,393 12,587 — 13,980 Other income (23 ) 1,033 — 1,010 Total revenues 49,698 243,716 (7,089 ) 286,325 Losses and Expenses: Net losses and loss adjustment expenses 16,448 111,948 — 128,396 Acquisition costs and other underwriting expenses 10,355 89,922 — 100,277 Corporate and other operating expenses 3,306 4,538 — 7,844 Interest expense 708 16,446 (7,089 ) 10,065 Income before income taxes $ 18,881 $ 20,862 $ — $ 39,743 Six Months Ended June 30, 2018 (Dollars in thousands) Non-U.S. Subsidiaries U.S. Subsidiaries Eliminations Total Revenues: Gross premiums written $ 30,615 $ 252,449 $ — $ 283,064 Net premiums written $ 30,614 $ 213,710 $ — $ 244,324 Net premiums earned $ 85,133 $ 136,786 $ — $ 221,919 Net investment income 27,514 14,224 (19,380 ) 22,358 Net realized investment gains (losses) (164 ) 2,678 — 2,514 Other income (loss) (97 ) 975 — 878 Total revenues 112,386 154,663 (19,380 ) 247,669 Losses and Expenses: Net losses and loss adjustment expenses 33,333 81,600 — 114,933 Acquisition costs and other underwriting expenses 37,287 55,229 — 92,516 Corporate and other operating expenses 9,313 10,865 — 20,178 Interest expense 6,393 22,788 (19,380 ) 9,801 Income (loss) before income taxes $ 26,060 $ (15,819 ) $ — $ 10,241 The following table summarizes the components of income tax benefit: Quarters Ended June 30, Six Months Ended June 30, (Dollars in thousands) 2019 2018 2019 2018 Current income tax expense (benefit): Foreign $ (64 ) $ 85 $ (18 ) $ 264 U.S. Federal — 166 — 732 Total current income tax expense (benefit) (64 ) 251 (18 ) 996 Deferred income tax expense (benefit): U.S. Federal 1,250 (1,650 ) 5,498 (3,648 ) Total deferred income tax expense (benefit) 1,250 (1,650 ) 5,498 (3,648 ) Total income tax expense (benefit) $ 1,186 $ (1,399 ) $ 5,480 $ (2,652 ) 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: Quarters Ended June 30, 2019 2018 (Dollars in thousands) Amount % of Pre- Tax Income Amount % of Pre- Tax Income Expected tax provision at weighted average tax rate $ 649 4.1 % $ (1,497 ) (25.8 %) Adjustments: Tax exempt interest — — (4 ) (0.1 ) Dividend exclusion (146 ) (0.9 %) (70 ) (1.2 ) Base Erosion Anti-Abuse Tax — — 165 2.9 Non-deductible interest 688 4.3 % — — Other (5 ) (0.0 %) 7 0.1 Effective income tax expense (benefit) $ 1,186 7.5 % $ (1,399 ) (24.1 %) The effective income tax expense rate for the quarter ended June 30, 2019 was 7.5%, compared with an effective income tax benefit rate of 24.1% for the quarter ended June 30, 2018. The increase in the effective income tax expense rate in the quarter ended June 30, 2019 compared to the quarter ended June 30, 2018 is due to higher pretax income in the U.S. in 2019. Six Months Ended June 30, 2019 2018 (Dollars in thousands) Amount % of Pre- Tax Income Amount % of Pre- Tax Income Expected tax provision at weighted average tax rate $ 4,381 11.0 % $ (3,033 ) (29.6 %) Adjustments: Tax exempt interest (1 ) (0.0 %) (5 ) — Dividend exclusion (223 ) (0.6 %) (135 ) (1.3 ) Base Erosion Anti-Abuse Tax — — 731 7.1 Non-deductible interest 1,368 3.4 % — — Other (45 ) (0.1 %) (210 ) (2.1 ) Effective income tax expense (benefit) $ 5,480 13.8 % $ (2,652 ) (25.9 %) The effective income tax expense rate for the six months ended June 30, 2019 was 13.8%, compared with an effective income tax benefit rate of 25.9% for the six months ended June 30, 2018. The increase in the effective income tax expense rate in the six months ended June 30, 2019 compared to the six months ended June 30, 2018 is due to higher pretax income in the U.S. in 2019. The Company has a net operating loss (“NOL”) carryforward of $24.6 million as of June 30, 2019, which begins to expire in 2036 based on when the original NOL was generated. The Company’s NOL carryforward as of December 31, 2018 was $29.5 million. The Company has a Section 163(j) (“163(j)”) carryforward of $11.1 million as of June 30, 2019 and December 31, 2018, which can be carried forward indefinitely. The 163(j) carryforward is for disqualified interest paid or accrued to a related entity that is not subject to U.S. tax. The Company had an alternative minimum tax (“AMT”) credit carryforward of $11.0 million as of December 31, 2017. The Tax Cuts and Jobs Act repealed the corporate AMT. The AMT credit carryforward of $11.0 million was reclassed to federal income taxes receivable at December 31, 2017 and will be fully refunded by the end of 2021.

Liability for Unpaid Losses and

Liability for Unpaid Losses and Loss Adjustment Expenses	6 Months Ended
	Jun. 30, 2019
Insurance [Abstract]
Liability for Unpaid Losses and Loss Adjustment Expenses	6. Liability for Unpaid Losses and Loss Adjustment Expenses Activity in the liability for unpaid losses and loss adjustment expenses is summarized as follows: Quarters Ended June 30, Six Months Ended June 30, (Dollars in thousands) 2019 2018 2019 2018 Balance at beginning of period $ 645,959 $ 615,125 $ 680,031 $ 634,664 Less: Ceded reinsurance receivables 97,065 92,314 109,342 97,243 Net balance at beginning of period 548,894 522,811 570,689 537,421 Incurred losses and loss adjustment expenses related to: Current year 78,238 68,448 144,489 130,447 Prior years (8,163 ) (9,587 ) (16,093 ) (15,514 ) Total incurred losses and loss adjustment expenses 70,075 58,861 128,396 114,933 Paid losses and loss adjustment expenses related to: Current year 37,176 33,120 55,516 50,574 Prior years 32,854 26,279 94,630 79,507 Total paid losses and loss adjustment expenses 70,030 59,399 150,146 130,081 Net balance at end of period 548,939 522,273 548,939 522,273 Plus: Ceded reinsurance receivables 59,834 91,397 59,834 91,397 Balance at end of period $ 608,773 $ 613,670 $ 608,773 $ 613,670 When analyzing loss reserves and prior year development, the Company considers many factors, including the frequency and severity of claims, loss trends, case reserve settlements that may have resulted in significant development, and any other additional or pertinent factors that may impact reserve estimates. During the second quarter of 2019, the Company reduced its prior accident year loss reserves by $8.2 million, which consisted of a $0.2 million decrease related to Commercial Specialty, $10.1 million decrease related to Specialty Property, $0.8 million decrease related to Farm, Ranch, & Stable, and a $3.0 million increase related to Reinsurance Operations. The $0.2 million reduction of prior accident year loss reserves related to Commercial Specialty primarily consisted of the following: • Professional: A $1.1 million decrease primarily in the 2009 and 2010 accident years reflects lower than expected claims severity • General Liability: A $1.0 million increase in the reinsurance recoverable allowance was recognized based on a review of expected ceded recoverables by reinsurer. The $10.1 million reduction of prior accident year loss reserves related to Specialty Property primarily consisted of the following: • General Liability: A $0.2 million decrease primarily due to lower than anticipated claims severity mostly in the 2014 and 2017 accident years, partially offset by an increase in the 2010 accident year. • Property: A $10.0 million reduction recognizes an $8.3 million decrease in catastrophes for subrogation recoveries from the California Camp wildfire loss in the 2018 accident year. The company sold these subrogation rights to a third party. The remaining $1.7 million decrease was primarily in the 2016 through 2018 accident years mainly due to lower than expected claims severity The $0.8 million reduction of prior accident year loss reserves related to Farm, Ranch, & Stable primarily consisted of the following: • Property: A $0.7 million decrease in total reflects a $0.2 million decrease in the 2018 accident year for the aforementioned subrogation recoveries from the Camp wildfire and a $0.5 million decrease mainly in the 2017 and 2018 accident years due to lower than expected claims severity. The $3.0 million increase in prior accident year loss reserves related to Reinsurance Operations primarily consisted of the following: • Property: A $3.2 million increase reflects a $6.5 million increase for Typhoon Jebi in the 2018 accident year and an increase in the 2013 accident year, partially offset by decreases in the 2010 through 2012, 2014 and 2015 accident years • Professional: A $0.3 million decrease primarily in the 2008 and 2010 accident years based on a review of the experience reported from the cedants During the second quarter of 2018, the Company reduced its prior accident year loss reserves by $9.6 million, which consisted of a $5.2 million decrease related to Commercial Specialty, a $2.5 million decrease related to Specialty Property, a $0.4 million increase related to Farm, Ranch, & Stable, and a $2.3 million decrease related to Reinsurance Operations. The $5.2 million reduction of prior accident year loss reserves related to Commercial Specialty primarily consisted of the following: • General Liability: A $2.3 million reduction reflects lower than expected claims severity in the reserving segments excluding construction defect, primarily in the 2006 through 2010, 2012 through 2014, and 2016 accident years, partially offset by an increase in the 2011 and 2017 accident years • Commercial Auto Liability: A $1.1 million decrease in the 2010, 2012 and 2013 accident years recognizes lower than anticipated claims severity • Professional Liability: A $0.5 million decrease reflects lower than expected claims severity in the 2008 through 2010 and 2012 through 2014 accident years. • Property: A $1.3 million decrease in aggregate with $1.0 million of favorable development in the property excluding catastrophe reserve categories mainly due to lower than expected claims severity in the 2014 through 2016 accident years and $0.3 million of favorable development in the property catastrophe reserve categories primarily due to lower than anticipated claims severity in the 2017 accident year The $2.5 million decrease of prior accident year loss reserves related to Specialty Property primarily consisted of the following: • Property: A $2.7 million • General Liability: A $0.2 million increase was recognized primarily in the 2014, 2015 and 2017 accident year reflecting higher than expected claims severity, partially offset by a decrease in the 2016 accident year. The $0.4 million increase of prior accident year loss reserves related to Farm, Ranch, & Stable primarily consisted of the following: • Property: A $0.9 million increase mainly recognizes higher than expected claims severity in the 2017 accident year, partially offset by decreases in the 2015 and 2016 accident years. • Liability: A $0.5 million decrease primarily in the 2012, 2014 and 2016 accident years recognizes lower than anticipated claims severity, partially offset by an increase in the 2007 accident year. The $2.3 million reduction of prior accident year loss reserves related to Reinsurance Operations was from the property lines for accident years 2011 through 2016 partially offset by increases in the 2017 accident year. The accident year changes were based on a review of the experience reported from cedants. During the first six months of 2019, the Company reduced its prior accident year loss reserves by $16.1 million, which consisted of a $6.9 million decrease related to Commercial Specialty, $9.2 million decrease related to Specialty Property, $2.8 million decrease related to Farm, Ranch, & Stable, and a $2.9 million increase related to Reinsurance Operations. The $6.9 million reduction of prior accident year loss reserves related to Commercial Specialty primarily consisted of the following: • General Liability: A $4.1 million reduction in aggregate with $0.5 million of favorable development in the construction defect reserve category, $4.6 million of favorable development in the other general liability reserve categories, and $1.0 million increase in the reinsurance recoverable allowance. The decreases in the construction defect reserve category recognize lower than expected claims frequency and severity in the 2005 through 2009 and 2011 through 2018 accident years, partially offset by an increase in the 2010 accident year. For the other general liability reserve categories, lower than anticipated claims severity was the primary driver of the favorable development mainly in accident years 2001, 2005 through 2010, 2012 through 2014, 2016 and 2017, partially offset by increases in the 2011 and 2015 accident years. The increase in the reinsurance recoverable allowance was based on a review of expected ceded recoverables by reinsurer. • Commercial Auto Liability: A $0.8 million decrease in total, primarily in the 2010, 2012 and 2013 accident years. The decreases recognize lower than anticipated claims severity. • Property: A $0.9 million decrease in aggregate mainly recognizes lower than anticipated claims severity primarily in the 2012 through 2017 accident years, partially offset by increases in the 2010 and 2018 accident years. • Professional: A $1.0 million decrease primarily in the 2009 and 2010 accident years reflects lower than expected claims severity The $9.2 million reduction of prior accident year loss reserves related to Specialty Property primarily consisted of the following: • Property: A $9.2 million reduction recognizes an $8.3 million decrease in catastrophes for subrogation recoveries from the California Camp wildfire loss in the 2018 accident year. The company sold these subrogation rights to a third party. Other decreases were primarily in the 2016 and 2017 accident years mainly due to lower than expected claims severity, partially offset by an increase in the 2018 accident year which had higher than anticipated claims severity. The $2.8 million reduction of prior accident year loss reserves related to Farm, Ranch, & Stable primarily consisted of the following: • Liability: A $1.7 million decrease in total, due to lower than expected claims severity in the 2016 and 2017 accident years, partially offset by increases in the 2013 accident year. • Property: $1.1 million decrease in total is comprised of a $0.2 million decrease in the 2018 accident year for the noted subrogation recoveries from the Camp wildfire and $0.9 million decrease mainly in the 2017 and 2018 accident years primarily due to lower than expected claims severity. The $2.9 million increase in prior accident year loss reserves related to Reinsurance Operations primarily consisted of the following: • Property: A $3.1 million increase in total reflects an $8.1 million increase in the 2018 accident year with $6.5 million of the increase for Typhoon Jebi. The increases were partially offset by decreases in the 2010 through 2017 accident years • Professional: A $0.3 million decrease primarily in the 2008 and 2010 accident years based on a review of the experience reported from the cedants During the first six months of 2018, the Company reduced its prior accident year loss reserves by $15.5 million, which consisted of a $7.9 million decrease related to Commercial Specialty, $1.7 million decrease related to Specialty Property, $1.4 million decrease related to Farm, Ranch, & Stable, and a $4.5 million decrease related to Reinsurance Operations. The $7.9 million reduction of prior accident year loss reserves related to Commercial Specialty primarily consisted of the following: • General Liability: A $3.4 million reduction in reserve categories excluding construction defect. Lower than expected claims severity was the primary driver of the favorable development, mainly in the 2002 through 2004, 2006 through 2010, 2012 through 2014, and 2016 accident years which was partially offset by increases in the 2005, 2011, 2015, and 2017 accident years. • Commercial Auto Liability: A $2.1 million decrease in the 2010, 2012 and 2013 accident years reflects lower than anticipated claims severity • Professional Liability: A $0.7 million decrease reflects lower than expected claims severity mainly in the 2010 through 2014 accident years. • Property: A $1.7 million decrease in aggregate with $1.4 million of favorable development in the property excluding catastrophe reserve categories and $0.3 million of favorable development in the property catastrophe reserve categories. The favorable development in the reserve categories excluding catastrophe experience mainly reflects lower than expected claims severity in the 2014 through 2017 accident years. For the property catastrophe reserve categories, lower than anticipated claims severity was the driver of the favorable development mainly in the 2017 accident year, partially offset by an increase in the 2016 accident year. The $1.7 million reduction of prior accident year loss reserves related to Specialty Property • Property: A $1.7 million reduction primarily due to lower than anticipated claims severity in the 2014 through 2017 accident years The $1.4 million reduction of prior accident year loss reserves related to Farm, Ranch, & Stable primarily consisted of the following: • Property: A $1.0 million reduction in total primarily reflects lower than expected severity mainly in the 2015 and 2016 accident years, partially offset by an increase in the 2017 accident year. • Liability: A $0.4 million reduction in total mainly is from decreases in the 2012, 2014, 2016 and 2017 accident years primarily from lower than expected claims severity, partially offset by increases in the 2007 and 2015 accident years. The $4.5 million reduction of prior accident year loss reserves related to Reinsurance Operations was from the property lines for accident years 2011, 2012, 2015 and 2016, partially offset by increases in the 2013, 2014 and 2017 accident years. Ultimate losses were adjusted in these accident years based on a review of the experience reported from cedants. Loss indemnification related to Purchase of American Reliable On March 8, 2018, the Company settled its final reserve calculation which resulted in $41.5 million being due to Global Indemnity Group, Inc. in accordance with the Stock Purchase Agreement between Global Indemnity Group, Inc. and American Bankers Insurance Group, Inc. for the purchase of American Reliable. The settlement is comprised of (i) receipt of $38.8 million for loss and loss adjustment expenses paid on or after January 1, 2015 or payable as of December 31, 2017 with respect to losses incurred prior to January 1, 2015, (ii) receipt of $6.2 million for accrued interest and (iii) payment of $3.5 million for the difference between the agreed upon purchase price and actual settlement on January 1, 2015. These amounts, which were included in other assets on the consolidated balance sheets as of December 31, 2017, were received on March 9, 2018.

Leases

Leases	6 Months Ended
	Jun. 30, 2019
Leases [Abstract]
Leases	7 . Effective January 1, 2019, the Company adopted new accounting guidance which increased transparency and comparability among organizations by recognizing lease assets and lease liabilities on the balance sheet and disclosing key information about leasing arrangements. The Company adopted this new accounting guidance using the optional transition method. Under this method, the Company applied the new leases standard at the adoption date and recognized a cumulative effect adjustment of less than $0.1 million to the opening balance sheet of retained earnings. The Company elected the package of practical expedients permitted under the transition guidance within the new standard. In addition, the Company elected the hindsight practical expedient to determine the lease term for existing 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. Lease right-of-use assets (“ROU”) are included in other assets on the consolidated balance sheets and lease liabilities are included in other liabilities 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 assets are 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. 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. The Company leases office space and equipment under various operating lease arrangements. The Company’s leases have remaining lease terms ranging from 5 months to 11 years. Some building leases have options to extend, terminate, or retract the leased area. The Company did not factor in term extension, terminations, or space retractions into the lease terms used to calculate the right-of-use assets and lease liabilities since it was uncertain as to whether these options would be executed. The Company is also party to certain service contracts. These agreements will continue to be accounted for as service contracts and expensed in the period the services have been provided. As contracts are signed, renewed, or renegotiated, they will be evaluated using the criteria set forth in the new lease guidance to determine if these contracts contain a lease and will be accounted for properly depending upon the terms and language in the contract. Lease expense for minimum lease payments is recognized on a straight-line basis over the lease term. The components of lease expense were as follows: (Dollars in thousands) Quarter Ended June 30, 2019 Six Months Ended June 30, 2019 Operating lease expense $ 822 $ 1,641 Short-term lease expense 2 5 Total lease expense $ 824 $ 1,646 Supplemental cash flow information related to leases was as follows: (Dollars in thousands) Six Months Ended June 30, 2019 Cash paid for amounts included in the measurement of liabilities: Operating cash flows from operating leases $ 1,188 Right-of-use assets obtained in exchange for new lease obligations: Operating leases $ 14,596 Supplemental balance sheet information related to leases was as follows: The table below presents the lease-related assets and liabilities recorded on the consolidated balance sheets. (Dollars in thousands) Classification on the consolidated balance sheets June 30, 2019 Assets: Operating lease assets Other assets $ 24,143 Liabilities: Operating lease liabilities Other liabilities $ 24,571 Weighted-average remaining lease term Operating leases 10.1 years Weighted-average discount rate Operating leases (1) 2.7 % (1) Represents the Company’s incremental borrowing rate At June 30, 2019, future minimum lease payments under non-cancelable operating leases were as follows: (Dollars in thousands) 2019 (1) $ 1,345 2020 1,942 2021 2,779 2022 2,659 2023 2,702 Thereafter 16,887 Total future minimum lease payments $ 28,314 Less: amount representing interest 3,743 Present value of minimum lease payments $ 24,571 (1) Excludes the six months ended June 30, 2019

Shareholders' Equity

Shareholders' Equity	6 Months Ended
	Jun. 30, 2019
Equity [Abstract]
Shareholders' Equity	8. Shareholders’ Equity There were no A ordinary shares that were surrendered or repurchased during the quarters ended June 30, 2019 and 2018. The following table provides information with respect to the A ordinary shares that were surrendered or repurchased during the six months ended June 30, 2019: Period (1) Total Number of Shares Purchased Average Price Paid Per Share Total Number of Shares Purchased as Part of Publicly Announced Plan or Program Approximate Dollar Value of Shares that May Yet Be Purchased Under the Plans or Programs January 1-31, 2019 7,945 (2) $ 36.23 — — February 1-28, 2019 19,083 (2) $ 34.59 — — Total 27,028 $ 35.07 — (1) Based on settlement date. (2) Surrendered by employees as payment of taxes withheld on the vesting of restricted stock. The following table provides information with respect to the A ordinary shares that were surrendered or repurchased during the six months ended June 30, 2018: Period (1) Total Number of Shares Purchased Average Price Paid Per Share Total Number of Shares Purchased as Part of Publicly Announced Plan or Program Approximate Dollar Value of Shares that May Yet Be Purchased Under the Plans or Programs January 1-31, 2018 26,639 (2) $ 42.02 — — March 1-31, 2018 18,594 (2) $ 37.27 — — Total 45,233 $ 40.07 — (1) Based on settlement date. (2) Surrendered by employees as payment of taxes withheld on the vesting of restricted stock. There were no B ordinary shares that were surrendered or repurchased during the quarters and six months ended June 30, 2019 or 2018. As of June 30, 2019, the Company’s A ordinary shares were held by approximately 232 shareholders of record. Please see Note 12 of the notes to the consolidated financial statements in Item 8 Part II of the Company’s 2018 Annual Report on Form 10-K for more information on the Company’s repurchase program. Dividends Dividend payments of $0.25 per ordinary share per quarter were paid as follows for the six months ended June 30, 2019: Approval Date Record Date Payment Date Total Dividends Paid ($ in thousands) February 10, 2019 March 22, 2019 March 29, 2019 $ 3,521 June 2, 2019 June 21, 2019 June 28, 2019 3,525 Various (1) Various Various 79 Total $ 7,125 (1) Represents dividends paid upon vesting of shares. Dividend payments of $0.25 per ordinary share per quarter were paid as follows for the six months ended June 30, 2018: Approval Date Record Date Payment Date Total Dividends Paid ($ in thousands) March 4, 2018 March 21, 2018 March 29, 2018 $ 3,499 June 3, 2018 June 22, 2018 June 29, 2018 3,502 Total $ 7,001 As of June 30, 2019 and December 31, 2018, accrued dividends on unvested shares, which were included in other liabilities on the consolidated balance sheets, were $0.2 million. Please see Note 12 of the notes to the consolidated financial statements in Item 8 Part II of the Company’s 2018 Annual Report on Form 10-K for more information on the Company’s dividend program.

Related Party Transactions

Related Party Transactions	6 Months Ended
	Jun. 30, 2019
Related Party Transactions [Abstract]
Related Party Transactions	9. Related Party Transactions Fox Paine Pursuant to the Company’s Memorandum and Articles of Association, amended and restated as of November 4, 2016, the “Fox Paine Funds” (collectively, U.N. Co-Investment Fund III (Cayman), L.P. and Fox Paine Capital Fund II International, L.P.) have the right to appoint a number of directors equal in aggregate to the Fox Paine Entities’ percentage beneficial ownership of voting shares of Global Indemnity for so long as the Fox Paine Entities beneficially own shares representing an aggregate of 25% or more of the voting power in Global Indemnity. The Fox Paine Funds and “FM Entities” (Fox Mercury Investments, L.P. and certain of its affiliates) (the Fox Paine Funds, FM Entities and Fox Paine & Company, LLC, collectively referred to as the “Fox Paine Entities”) beneficially own shares representing approximately 80% and 2%, respectively, of the voting power of Global Indemnity as of June 30, 2019, and the Fox Paine Funds have the right to appoint seven of our eight current directors. The Company relies on Fox Paine & Company, LLC to provide management services and other services related to the operations of the Company. The Company incurred management fees of $0.5 million during each of the quarters ended June 30, 2019 and 2018 and $1.0 million during each of the six months ended June 30, 2019 and 2018 as part of the annual management fee paid to Fox Paine & Company, LLC. As of June 30, 2019 and December 31, 2018, prepaid management fees, which were included in other assets on the consolidated balance sheets, were $0.3 million and $1.4 million, respectively. 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 policies, including approval of the Company’s Audit Committee of the Board of Directors, for those services from time to time. Each of the Company’s transactions with Fox Paine & Company, LLC described below was reviewed and approved by the Company’s Audit Committee, which is composed of independent directors, and the Board of Directors (other than Saul A. Fox, Chairman of the Board of Directors of the Company and Chief Executive of Fox Paine & Company, LLC, who is not a member of the Audit Committee and recused himself from the Board of Directors’ deliberations). Recapitalization and Reorganization Transactions Fee On April 25, 2018, the Company and its indirect wholly owned subsidiaries (including Global Indemnity Group, Inc. (“GIGI”) and Global Indemnity Reinsurance) entered into a series of recapitalization and reorganization transactions (collectively, the “Reorganization”) designed to improve the Company’s annual results and long-term financial performance. Pursuant to the Reorganization, the Company’s affiliated group implemented the following, among other things: (i) GIGI became a subordinated co-obligor with the Company under the Company’s 7.75% Subordinated Notes due in 2045 and its 7.875% Subordinated Notes due in 2047, (ii) GIGI agreed to provide capital to Global Indemnity Reinsurance from time to time to satisfy Global Indemnity Reinsurance’s obligations incurred in connection with its insurance and reinsurance business and (iii) GIGI received a promissory note from the Company, which was subsequently assigned within the Company’s affiliated group in connection with the settlement of certain intra-group indebtedness. Fox Paine & Company, LLC acted as financial advisor to the Company's affiliated group in connection with the design, structuring and implementation of the Reorganization. Fox Paine & Company, LLC’s services for the Company’s affiliated group in connection with the Reorganization were performed during the first and second quarter of 2018. The total fee for these services was $12.5 million, which was paid in June 2018. Of this amount, $6.25 million was incurred in the quarter ended June 30, 2018 and $12.5 million was incurred during the six months ended June 30, 2018. No advisory fees in connection with the Reorganization were incurred during the quarter and six months ended June 30, 2019. As with each of the Company's transactions with Fox Paine & Company, LLC, this transaction was reviewed and approved by the Company's Audit Committee and the Board of Directors (other than Saul A. Fox, Chairman of the Board of Directors of the Company and Chief Executive of Fox Paine & Company, LLC, who is not a member of the Audit Committee and recused himself from the Board of Directors’ deliberations), and, in connection with its review and approval of this transaction, the Audit Committee also engaged its own investment banking firm for advice. Illiquid Investment Fund Divestiture Fee On December 21, 2018, GIGI exited an investment in a private credit fund pursuant to a sale of GIGI’s investment to third parties at par plus accrued interest. Fox Paine & Company, LLC provided services to GIGI in connection with the sale, including conducting due diligence to evaluate the private fund, recommending that GIGI withdraw from the private fund, and conducting extended negotiations with the private fund to secure GIGI’s withdrawal from the private fund on favorable terms. Fox Paine & Company, LLC’s services for GIGI in connection with the sale were performed during the second, third, and fourth quarters of 2018. The total fee for these services was $2 million which was paid in May 2019.

Commitments and Contingencies

Commitments and Contingencies	6 Months Ended
	Jun. 30, 2019
Commitments And Contingencies Disclosure [Abstract]
Commitments and Contingencies	10. 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 June 30, 2019, the Company has funded $35.8 million of this commitment leaving $14.2 million as unfunded. In 2017, the Company entered into a $50 million commitment to purchase an alternative investment vehicle comprised of stressed and distressed securities and structured products. As of June 30, 2019, the Company has funded $33.0 million of this commitment leaving $17.0 million as unfunded.

Share-Based Compensation Plans

Share-Based Compensation Plans	6 Months Ended
	Jun. 30, 2019
Disclosure Of Compensation Related Costs Sharebased Payments [Abstract]
Share-Based Compensation Plans	11. Share-Based Compensation Plans On June 13, 2018, the Company’s Shareholders approved the Global Indemnity Limited 2018 Share Incentive Plan (“the 2018 Plan”). The purpose of the 2018 Plan is to provide the Company a competitive advantage in attracting, retaining, and motivating officers, employees, consultants and non-employee directors, and to provide the Company with a share plan providing incentives linked to the financial results of the Company’s business and increases in shareholder value. Under the 2018 Plan, the Company may issue up to 2.5 million A ordinary shares pursuant to awards granted under the Plan. The 2018 Plan replaced the Global Indemnity Limited Share Incentive Plan, effective since February 2014, which was set to expire pursuant to its terms on February 9, 2019. Options On March 6, 2018, the Company entered into a Chief Executive Agreement (the “Employment Agreement”) with Cynthia Y. Valko, the Company’s Chief Executive Officer. In accordance with the Employment Agreement, the vesting schedule for the 300,000 stock options issued in 2014 (“Tranche 2 Options”) was modified. 100,000 of t he Tranche 2 Options were related to the attainment of Return on Equity criteria for 2018 and were scheduled to vest on December 31, 2018. These options were forfeited on December 31, 2018 because the Return on Equity criteria was not met. Of the remaining 200,000 options, 100,000 are scheduled to vest on December 31, 2019 if the 2019 Return on Equity criteria is met and 100,000 are scheduled to vest on December 31, 2020 if the 2020 Return on Equity criteria is met. Under the terms of the Employment Agreement, Ms. Valko was also granted an additional 300,000 Time-Based Options (“Tranche 3 Options”) with an exercise price of $50 per share. 100,000 of the Tranche 3 Options vested on December 31, 2018. 100,000 of the Tranche 3 Options will each vest on December 31 of 2019 and 2020, if Ms. Valko remains employed and in good standing as of such date. Tranche 3 Options expire on the earlier of December 31, 2027 or 90 calendar days after Ms. Valko is neither employed by Global Indemnity nor a member of the Board of Directors. No stock options were awarded during the quarters ended June 30, 2019 and 2018 or the six months ended June 30, 2019. Other than the Tranche 3 Options granted to Ms. Valko, no additional stock options were awarded during the six months ended June 30, 2018. Restricted Shares / Restricted Stock Units During the quarter ended June 30, 2019, the Company granted 175,498 restricted stock units, with a weighted average grant date value of $30.18 per unit, to key employees under the Plan. These restricted stock units will vest as follows: • 10.0%, 20.0%, 30.0% and 40.0% of the restricted stock units will vest on June 18, 2021, June 18, 2022, June 18, 2023 and June 18, 2024, respectively. There were no restricted shares or restricted stock units that were granted during the quarter ended June 30, 2018. During the six months ended June 30, 2019, the Company granted 36,180 restricted A ordinary shares, with a weighted average grant date value of $35.82 per share, to key employees under the Plan. 9,063 of these shares vested immediately. 27,117 of these shares will vest as follows: • 16.5%, 16.5%, and 17.0% of the restricted stock will vest on January 1, 2020, January 1, 2021, and January 1, 2022, respectively. • Subject to Board approval, 50% of restricted stock will vest 100%, no later than March 15, 2022, following a re-measurement of 2018 results as of December 31, 2021. In addition, the Company granted 175,498 restricted stock units with a weighted average grant date value of $30.18 per unit, to key employees under the Plan. These restricted stock units will vest as follows: • 10.0%, 20.0%, 30.0% and 40.0% of the restricted stock units will vest on June 18, 2021, June 18, 2022, June 18, 2023 and June 18, 2024, respectively. During the six months ended June 30, 2018, the Company granted 38,778 restricted A ordinary shares, with a weighted average grant date value of $40.57 per share, to key employees under the Plan. 11,843 of these shares vested immediately. The remainder will vest as follows: • 16.5% vested on January 1, 2019. 16.5% and 17.0% of the restricted stock will vest on January 1, 2020 and January 1, 2021, respectively. • Subject to Board approval, 50% of restricted stock will vest 100%, no later than March 15, 2021, following a re-measurement of 2017 results as of December 31, 2020. There were no restricted stock units that were granted during the six months ended June 20, 2018. During the quarters ended June 30, 2019 and 2018, the Company granted 15,544 and 7,792 A ordinary shares, respectively, at a weighted average grant date value of $30.96 and $38.98 per share, respectively, to non-employee directors of the Company under the Plan. During the six months ended June 30, 2019 and 2018, the Company granted 31,386 and 16,934 A ordinary shares, respectively, at a weighted average grant date value of $30.67 and $36.57 per share, respectively, to non-employee directors of the Company under the Plan. All of the shares granted to non-employee directors of the Company in 2019 and 2018 were fully vested but are subject to certain restrictions.

Earnings Per Share

Earnings Per Share	6 Months Ended
	Jun. 30, 2019
Earnings Per Share [Abstract]
Earnings Per Share	12. Earnings Per Share Earnings per share have been computed using the weighted average number of ordinary shares and ordinary share equivalents outstanding during the period. The following table sets forth the computation of basic and diluted earnings per share: Quarters Ended June 30, Six Months Ended June 30, (Dollars in thousands, except share and per share data) 2019 2018 2019 2018 Net income $ 14,663 $ 7,192 $ 34,263 $ 12,893 Basic earnings per share: Weighted average shares outstanding – basic 14,187,276 14,092,397 14,170,689 14,073,813 Net income per share $ 1.03 $ 0.51 $ 2.42 $ 0.92 Diluted earnings per share: Weighted average shares outstanding – diluted 14,331,286 14,334,600 14,324,614 14,308,264 Net income per share $ 1.02 $ 0.50 $ 2.39 $ 0.90 A reconciliation of weighted average shares for basic earnings per share to weighted average shares for diluted earnings per share is as follows: Quarters Ended June 30, Six Months Ended June 30, 2019 2018 2019 2018 Weighted average shares for basic earnings per share 14,187,276 14,092,397 14,170,689 14,073,813 Non-vested restricted stock 21,293 76,775 17,783 70,244 Non-vested restricted stock units 117 - 949 - Options 122,600 165,428 135,193 164,207 Weighted average shares for diluted earnings per share 14,331,286 14,334,600 14,324,614 14,308,264 The weighted average shares outstanding used to determine dilutive earnings per share does not include 500,000 shares and 600,000 shares for the quarters ended June 30, 2019 and 2018, respectively, and 500,000 shares and 600,000 shares for the six months ended June 30, 2019 and 2018, respectively, which were deemed to be anti-dilutive.

Segment Information

Segment Information	6 Months Ended
	Jun. 30, 2019
Segment Reporting [Abstract]
Segment Information	13. Segment Information The Company manages its business through four business segments. Commercial Specialty offers specialty property and casualty products designed for product lines such as Small Business Binding Authority, Property Brokerage, and Programs. Specialty Property offers specialty personal lines property and casualty insurance products. Farm, Ranch, & Stable offers specialized property and casualty coverage including Commercial Farm Auto and Excess/Umbrella Coverage for the agriculture industry as well as specialized insurance products for the equine mortality and major medical industry. Reinsurance Operations provides reinsurance solutions through brokers and primary writers including insurance and reinsurance companies. During the 1st quarter of 2019, the Company re-evaluated its Personal Lines segment and determined that Personal Lines should be bifurcated into two reportable segments: Specialty Property and Farm, Ranch, & Stable. This is the result of changing how Specialty Property and Farm, Ranch, & Stable are managed and reported. Specialty Property is managed out of the Company’s Scottsdale, Arizona office; whereas, Farm, Ranch, & Stable is managed out of the Company’s Omaha, Nebraska office. In the past, Farm, Ranch, & Stable reported to the Scottsdale, Arizona office and now it reports directly to the Company’s main headquarters in Bala Cynwyd, Pennsylvania. Results for Specialty Property and Farm, Ranch, & Stable are separately measured, resources are separately allocated to each of these lines, and employees in each line are now being rewarded based on each line’s separate results. Accordingly, the Company will report Specialty Property and Farm, Ranch, & Stable as two separate reportable segments. In addition, the Company has changed the name of its Commercial Lines segment to Commercial Specialty to better align with its key product offerings. The segment results for the quarter ended June 30, 2018 have been revised to reflect these changes. The following are tabulations of business segment information for the quarters and six months ended June 30, 2019 and 2018: Quarter Ended June 30, 2019 (Dollars in thousands) Commercial Specialty (1) Specialty Property (1) Farm, Ranch, & Stable (1) Reinsurance Operations (2) Total Revenues: Gross premiums written $ 77,079 $ 46,486 (4) $ 23,697 $ 32,059 $ 179,321 Net premiums written $ 67,107 $ 39,828 $ 20,075 $ 32,059 $ 159,069 Net premiums earned $ 56,705 $ 35,567 $ 17,350 $ 18,579 $ 128,201 Other income — 498 32 (8 ) 522 Total revenues 56,705 36,065 17,382 18,571 128,723 Losses and Expenses: Net losses and loss adjustment expenses 32,691 11,111 13,126 13,147 70,075 Acquisition costs and other underwriting expenses 22,890 14,939 7,345 5,360 50,534 Income (loss) from segments $ 1,124 $ 10,015 $ (3,089 ) $ 64 $ 8,114 Unallocated Items: Net investment income 13,826 Net realized investment gain 3,590 Corporate and other operating expenses (4,639 ) Interest expense (5,042 ) Income before income taxes 15,849 Income tax expense (1,186 ) Net income 14,663 Total assets $ 869,221 $ 319,220 $ 171,887 $ 655,144 (3) $ 2,015,472 (1) Includes business ceded to the Company’s Reinsurance Operations. This quota share agreement was cancelled effective January 1, 2018. (2) External business only, excluding business assumed from affiliates. (3) Comprised of Global Indemnity Reinsurance’s total assets less its investment in subsidiaries. (4) Includes ($39) of business written by American Reliable that was ceded to insurance companies owned by Assurant under a 100% quota share reinsurance agreement. Quarter Ended June 30, 2018 (Dollars in thousands) Commercial Specialty (1) Specialty Property (1) Farm, Ranch, & Stable (1) Reinsurance Operations (2) Total Revenues: Gross premiums written $ 69,973 $ 47,030 (7) $ 21,515 $ 20,299 $ 158,817 Net premiums written $ 61,350 $ 36,509 $ 18,298 $ 20,297 $ 136,454 Net premiums earned $ 52,252 $ 33,409 $ 16,471 $ 11,785 $ 113,917 Other income — 440 32 (148 ) 324 Total revenues 52,252 33,849 16,503 11,637 114,241 Losses and Expenses: Net losses and loss adjustment expenses 25,095 17,903 12,106 3,757 58,861 Acquisition costs and other underwriting expenses 21,051 (3) 14,813 (4) 7,414 (5) 4,235 47,513 Income (loss) from segments $ 6,106 $ 1,133 $ (3,017 ) $ 3,645 $ 7,867 Unallocated Items: Net investment income 10,954 Net realized investment losses 2,830 Corporate and other operating expenses (10,918 ) Interest expense (4,940 ) Income before income taxes 5,793 Income tax benefit 1,399 Net income 7,192 Total assets $ 896,698 $ 340,478 $ 183,335 $ 561,308 (6) $ 1,981,819 (1) Includes business ceded to the Company’s Reinsurance Operations. This quota share agreement was cancelled effective January 1, 2018. (2) External business only, excluding business assumed from affiliates. (3) Includes federal excise tax of $116 relating to cessions from Commercial Specialty to Reinsurance Operations. (4) Includes federal excise tax of $93 relating to cessions from Specialty Property to Reinsurance Operations. (5) Includes federal excise tax of $44 relating to cessions from Farm, Ranch, & Stable to Reinsurance Operations. (6) Comprised of Global Indemnity Reinsurance’s total assets less its investment in subsidiaries. (7) Includes ($989) of business written by American Reliable that was ceded to insurance companies owned by Assurant under a 100% quota share reinsurance agreement. Six Months Ended June 30, 2019 (Dollars in thousands) Commercial Specialty (1) Specialty Property (1) Farm, Ranch, & Stable (1) Reinsurance Operations (2) Total Revenues: Gross premiums written $ 141,292 $ 86,160 (4) $ 44,462 $ 49,608 $ 321,522 Net premiums written $ 122,277 $ 73,040 $ 37,567 $ 49,601 $ 282,485 Net premiums earned $ 112,346 $ 70,186 $ 34,472 $ 33,286 $ 250,290 Other income (loss) — 941 62 7 1,010 Total revenues 112,346 71,127 34,534 33,293 251,300 Losses and Expenses: Net losses and loss adjustment expenses 54,342 31,614 21,264 21,176 128,396 Acquisition costs and other underwriting expenses 45,702 29,592 14,627 10,356 100,277 Income (loss) from segments $ 12,302 $ 9,921 $ (1,357 ) $ 1,761 $ 22,627 Unallocated Items: Net investment income 21,045 Net realized investment gain 13,980 Corporate and other operating expenses (7,844 ) Interest expense (10,065 ) Income before income taxes 39,743 Income tax benefit (5,480 ) Net income 34,263 Total assets $ 869,221 $ 319,220 $ 171,887 $ 655,144 (3) $ 2,015,472 (1) Includes business ceded to the Company’s Reinsurance Operations. This quota share agreement was cancelled effective January 1, 2018. (2) External business only, excluding business assumed from affiliates. (3) Comprised of Global Indemnity Reinsurance’s total assets less its investment in subsidiaries. (4) Includes ($177) of business written by American Reliable that was ceded to insurance companies owned by Assurant under a 100% quota share reinsurance agreement. Six Months Ended June 30, 2018 (Dollars in thousands) Commercial Specialty (1) Specialty Property (1) Farm, Ranch, & Stable (1) Reinsurance Operations (2) Total Revenues: Gross premiums written $ 123,746 $ 88,374 (7) $ 40,336 $ 30,608 $ 283,064 Net premiums written $ 109,656 $ 69,519 $ 34,543 $ 30,606 $ 244,324 Net premiums earned $ 99,614 $ 67,396 $ 33,096 $ 21,813 $ 221,919 Other income — 886 89 (97 ) 878 Total revenues 99,614 68,282 33,185 21,716 222,797 Losses and Expenses: Net losses and loss adjustment expenses 50,124 39,089 18,541 7,179 114,933 Acquisition costs and other underwriting expenses 40,256 (3) 29,767 (4) 14,639 (5) 7,854 92,516 Income (loss) from segments $ 9,234 $ (574 ) $ 5 $ 6,683 $ 15,348 Unallocated Items: Net investment income 22,358 Net realized investment losses 2,514 Corporate and other operating expenses (20,178 ) Interest expense (9,801 ) Income before income taxes 10,241 Income tax benefit 2,652 Net income 12,893 Total assets $ 896,698 $ 340,478 $ 183,335 $ 561,308 (6) $ 1,981,819 (1) Includes business ceded to the Company’s Reinsurance Operations. This quota share agreement was cancelled effective January 1, 2018. (2) External business only, excluding business assumed from affiliates. (3) Includes federal excise tax of $290 relating to cessions from Commercial Specialty to Reinsurance Operations. (4) Includes federal excise tax of $234 relating to cessions from Specialty Property to Reinsurance Operations. (5) Includes federal excise tax of $109 relating to cessions from Farm, Ranch, & Stable to Reinsurance Operations. (6) Comprised of Global Indemnity Reinsurance’s total assets less its investment in subsidiaries. (7) Includes ($1,856) of business written by American Reliable that was ceded to insurance companies owned by Assurant under a 100% quota share reinsurance agreement.

Condensed Consolidating Financi

Condensed Consolidating Financial Information Provided in Connection with Outstanding Debt of Subsidiaries	6 Months Ended
	Jun. 30, 2019
Organization Consolidation And Presentation Of Financial Statements [Abstract]
Condensed Consolidating Financial Information Provided in Connection with Outstanding Debt of Subsidiaries	14. Condensed Consolidating Financial Information Provided in Connection with Outstanding Debt of Subsidiaries The following tables present condensed consolidating balance sheets at June 30, 2019 and December 31, 2018, condensed consolidating statements of operations and condensed consolidating statements of comprehensive income for the quarters and six months ended June 30, 2019 and 2018, and condensed consolidating statements of cash flows for the six months ended June 30, 2019 and 2018. Global Indemnity Group, Inc. (“GIGI”) is a 100% owned subsidiary of the Company. See Note 11 of the notes to the consolidated financial statements in Item 8 Part II of the Company’s 2018 Annual Report on Form 10-K for information on the Company’s debt obligations. Condensed Consolidating Balance Sheets at June 30, 2019 (Dollars in thousands) Global Indemnity Limited (Parent co- obligor) Global Indemnity Group, Inc. (Subsidiary co-obligor) Other Global Indemnity Limited Subsidiaries and Eliminations (non-co-obligor subsidiaries) (1) Consolidating Adjustments (2) Global Indemnity Limited Consolidated ASSETS Total investments $ 51,114 $ 262,387 $ 1,196,276 $ - $ 1,509,777 Cash and cash equivalents 132 353 55,730 - 56,215 Investments in subsidiaries 1,178,510 329,022 15,022 (1,522,554 ) — Due from subsidiaries and affiliates (256 ) (5,204 ) 5,460 - — Notes receivable – affiliate — 80,049 847,808 (927,857 ) — Interest receivable – affiliate — 4,445 17,258 (21,703 ) — Premiums receivable, net — — 120,649 — 120,649 Reinsurance receivables, net — — 66,398 — 66,398 Funds held by ceding insurers — — 41,588 — 41,588 Federal income taxes receivable — 13,621 (2,487 ) — 11,134 Deferred federal income taxes — 38,848 (1,423 ) — 37,425 Deferred acquisition costs — — 69,047 — 69,047 Intangible assets — — 21,755 — 21,755 Goodwill — — 6,521 — 6,521 Prepaid reinsurance premiums — — 19,244 — 19,244 Receivable for securities sold — — - — — Other assets 7,731 10,778 44,331 (7,121 ) 55,719 Total assets $ 1,237,231 $ 734,299 $ 2,523,177 $ (2,479,235 ) $ 2,015,472 LIABILITIES AND SHAREHOLDERS’ EQUITY Liabilities: Unpaid losses and loss adjustment expenses $ - $ — $ 608,773 $ — $ 608,773 Unearned premiums - — 312,758 — 312,758 Ceded balances payable - — 17,459 — 17,459 Payable for securities purchased - 423 9,426 — 9,849 Contingent commissions - — 8,103 — 8,103 Debt - 299,227 — (7,121 ) 292,106 Notes payable – affiliates 520,498 402,310 5,049 (927,857 ) — Accrued interest payable – affiliates 19,918 — 1,785 (21,703 ) — Other liabilities 2,303 17,317 52,292 — 71,912 Total liabilities 542,719 719,277 1,015,645 (956,681 ) 1,320,960 Shareholders’ equity Total shareholders’ equity 694,512 15,022 1,507,532 (1,522,554 ) 694,512 Total liabilities and shareholders’ equity $ 1,237,231 $ 734,299 $ 2,523,177 $ (2,479,235 ) $ 2,015,472 (1) Includes all other subsidiaries of Global Indemnity Limited and eliminations (2) Includes Parent co-obligor and subsidiary co-obligor consolidating adjustments Condensed Consolidating Balance Sheets at December 31, 2018 (Dollars in thousands) Global Indemnity Limited (Parent co-obligor) Global Indemnity Group, Inc. (Subsidiary co-obligor) Other Global Indemnity Limited Subsidiaries and Eliminations (non-co-obligor subsidiaries) (1) Consolidating Adjustments (2) Global Indemnity Limited Consolidated ASSETS Total investments $ 55,377 $ 233,479 $ 1,121,799 $ — $ 1,410,655 Cash and cash equivalents 2,221 26,039 71,237 — 99,497 Investments in subsidiaries 1,105,032 296,357 (19,922 ) (1,381,467 ) — Due from subsidiaries and affiliates 584 (2,133 ) 1,549 — — Notes receivable – affiliate — 80,049 847,808 (927,857 ) — Interest receivable – affiliate — 3,869 17,425 (21,294 ) — Premiums receivable, net — — 87,679 — 87,679 Reinsurance receivables, net — — 114,418 — 114,418 Funds held by ceding insurers — — 49,206 — 49,206 Federal income taxes receivable — 4,631 6,235 — 10,866 Deferred federal income taxes — 44,481 4,108 — 48,589 Deferred acquisition costs — — 61,676 — 61,676 Intangible assets — — 22,020 — 22,020 Goodwill — — 6,521 — 6,521 Prepaid reinsurance premiums — — 20,594 — 20,594 Receivable for securities sold — — 15 — 15 Other assets 8,461 5,085 22,237 (7,253 ) 28,530 Total assets $ 1,171,675 $ 691,857 $ 2,434,605 $ (2,337,871 ) $ 1,960,266 LIABILITIES AND SHAREHOLDERS’ EQUITY Liabilities: Unpaid losses and loss adjustment expenses $ — $ — $ 680,031 $ — $ 680,031 Unearned premiums — — 281,912 — 281,912 Ceded balances payable — — 14,994 — 14,994 Contingent commissions — — 10,636 — 10,636 Debt — 295,818 — (7,253 ) 288,565 Notes payable – affiliates 520,498 402,310 5,049 (927,857 ) — Accrued interest payable – affiliates 19,499 — 1,795 (21,294 ) — Other liabilities 2,619 13,651 38,799 — 55,069 Total liabilities 542,616 711,779 1,033,216 (956,404 ) 1,331,207 Shareholders’ equity Total shareholders’ equity 629,059 (19,922 ) 1,401,389 (1,381,467 ) 629,059 Total liabilities and shareholders’ equity $ 1,171,675 $ 691,857 $ 2,434,605 $ (2,337,871 ) $ 1,960,266 (1) Includes all other subsidiaries of Global Indemnity Limited and eliminations (2) Includes Parent co-obligor and subsidiary co-obligor consolidating adjustments Condensed Consolidating Statements of Operations for the Quarter Ended June 30, 2019 (Dollars in thousands) Global Indemnity Limited (Parent co-obligor) Global Indemnity Group, Inc. (Subsidiary co-obligor) Other Global Indemnity Limited Subsidiaries and Eliminations (non-co-obligor subsidiaries) (1) Consolidating Adjustments (2) Global Indemnity Limited Consolidated Revenues: Net premiums earned $ — $ — $ 128,201 $ — $ 128,201 Net investment income 729 5,020 8,366 (289 ) 13,826 Net realized investment gains (losses) 406 (582 ) 3,766 — 3,590 Other income — 2 520 — 522 Total revenues 1,135 4,440 140,853 (289 ) 146,139 Losses and Expenses: Net losses and loss adjustment expenses — — 70,075 — 70,075 Acquisition costs and other underwriting expenses — — 50,534 — 50,534 Corporate and other operating expenses 1,657 2,681 301 — 4,639 Interest expense 277 4,961 93 (289 ) 5,042 Income (loss) before equity in net income of subsidiaries and income taxes (799 ) (3,202 ) 19,850 — 15,849 Equity in net income of subsidiaries 15,462 7,005 5,306 (27,773 ) — Income before income taxes 14,663 3,803 25,156 (27,773 ) 15,849 Income tax expense (benefit) — (1,503 ) 2,689 — 1,186 Net income $ 14,663 $ 5,306 $ 22,467 $ (27,773 ) $ 14,663 (1) Includes all other subsidiaries of Global Indemnity Limited and eliminations (2) Includes Parent co-obligor and subsidiary co-obligor consolidating adjustments Condensed Consolidating Statements of Operations for the Quarter Ended June 30, 2018 (Dollars in thousands) Global Indemnity Limited (Parent co-obligor) Global Indemnity Group, Inc. (Subsidiary co-obligor) Other Global Indemnity Limited Subsidiaries and Eliminations (non-co-obligor subsidiaries) (1) Consolidating Adjustments (2) Global Indemnity Limited Consolidated Revenues: Net premiums earned $ — $ — $ 113,917 $ — $ 113,917 Net investment income 205 2,711 20,316 (12,278 ) 10,954 Net realized investment gains (losses) (20 ) 3,066 (216 ) - 2,830 Other income - 14 310 - 324 Total revenues 185 5,791 134,327 (12,278 ) 128,025 Losses and Expenses: Net losses and loss adjustment expenses - - 58,861 - 58,861 Acquisition costs and other underwriting expenses - - 47,513 - 47,513 Corporate and other operating expenses 4,719 5,927 272 - 10,918 Interest expense 5,379 11,718 121 (12,278 ) 4,940 Income (loss) before equity in net income (loss) of subsidiaries and income taxes (9,913 ) (11,854 ) 27,560 - 5,793 Equity in net income (loss) of subsidiaries 17,105 3,108 (6,428 ) (13,785 ) — Income (loss) before income taxes 7,192 (8,746 ) 21,132 (13,785 ) 5,793 Income tax expense (benefit) - (2,312 ) 913 — (1,399 ) Net Income (loss) $ 7,192 $ (6,434 ) $ 20,219 $ (13,785 ) $ 7,192 (1) Includes all other subsidiaries of Global Indemnity Limited and eliminations (2) Includes Parent co-obligor and subsidiary co-obligor consolidating adjustments Condensed Consolidating Statements of Operations for the Six Months Ended June 30, 2019 (Dollars in thousands) Global Indemnity Limited (Parent co-obligor) Global Indemnity Group, Inc. (Subsidiary co-obligor) Other Global Indemnity Limited Subsidiaries and Eliminations (non-co-obligor subsidiaries) (1) Consolidating Adjustments (2) Global Indemnity Limited Consolidated Revenues: Net premiums earned $ — $ — $ 250,290 $ — $ 250,290 Net investment income 1,371 2,945 17,305 (576 ) 21,045 Net realized investment gains 399 11,494 2,087 — 13,980 Other income — 30 980 — 1,010 Total revenues 1,770 14,469 270,662 (576 ) 286,325 Losses and Expenses: Net losses and loss adjustment expenses — — 128,396 — 128,396 Acquisition costs and other underwriting expenses — — 100,277 — 100,277 Corporate and other operating expenses 2,986 4,247 611 — 7,844 Interest expense 551 9,918 172 (576 ) 10,065 Income (loss) before equity in net income of subsidiaries and income taxes (1,767 ) 304 41,206 — 39,743 Equity in net income of subsidiaries 36,030 14,898 15,365 (66,293 ) — Income before income taxes 34,263 15,202 56,571 (66,293 ) 39,743 Income tax expense (benefit) — (163 ) 5,643 — 5,480 Net income $ 34,263 $ 15,365 $ 50,928 $ (66,293 ) $ 34,263 (1) Includes all other subsidiaries of Global Indemnity Limited and eliminations (2) Includes Parent co-obligor and subsidiary co-obligor consolidating adjustments Condensed Consolidating Statements of Operations for the Six Months Ended June 30, 2018 (Dollars in thousands) Global Indemnity Limited (Parent co-obligor) Global Indemnity Group, Inc. (Subsidiary co-obligor) Other Global Indemnity Limited Subsidiaries and Eliminations (non-co-obligor subsidiaries) (1) Consolidating Adjustments (2) Global Indemnity Limited Consolidated Revenues: Net premiums earned $ — $ — $ 221,919 $ — $ 221,919 Net investment income 337 5,912 39,940 (23,831 ) 22,358 Net realized investment gains (losses) (20 ) 2,846 (312 ) — 2,514 Other income — 12 866 — 878 Total revenues 317 8,770 262,413 (23,831 ) 247,669 Losses and Expenses: Net losses and loss adjustment expenses — — 114,933 — 114,933 Acquisition costs and other underwriting expenses — — 92,516 — 92,516 Corporate and other operating expenses 8,977 10,645 556 — 20,178 Interest expense 10,698 22,738 196 (23,831 ) 9,801 Income (loss) before equity in net income (loss) of subsidiaries and income taxes (19,358 ) (24,613 ) 54,212 — 10,241 Equity in net income (loss) of subsidiaries 32,251 10,765 (12,901 ) (30,115 ) — Income (loss) before income taxes 12,893 (13,848 ) 41,311 (30,115 ) 10,241 Income tax benefit — (947 ) (1,818 ) 113 (2,652 ) Net income (loss) $ 12,893 $ (12,901 ) $ 43,129 $ (30,228 ) $ 12,893 (1) Includes all other subsidiaries of Global Indemnity Limited and eliminations (2) Includes Parent co-obligor and subsidiary co-obligor consolidating adjustments Condensed Consolidating Statements of Comprehensive Income for the Quarter Ended June 30, 2019 (Dollars in thousands) Global Indemnity Limited (Parent co-obligor) Global Indemnity Group, Inc. (Subsidiary co-obligor) Other Global Indemnity Limited Subsidiaries and Eliminations (non-co-obligor subsidiaries) (1) Consolidating Adjustments (2) Global Indemnity Limited Consolidated Net income $ 14,663 $ 5,306 $ 22,467 $ (27,773 ) $ 14,663 Other comprehensive income, net of tax: Unrealized holding gains (losses) 221 (480 ) 18,936 - 18,677 Equity in other comprehensive income of unconsolidated subsidiaries 15,220 9,165 8,526 (32,911 ) — Portion of other-than-temporary impairment losses recognized in other comprehensive income — — (1 ) — (1 ) Reclassification adjustment for gains included in net income (568 ) (159 ) (3,013 ) - (3,740 ) Unrealized foreign currency translation gains — — (63 ) — (63 ) Other comprehensive income, net of tax 14,873 8,526 24,385 (32,911 ) 14,873 Comprehensive income, net of tax $ 29,536 $ 13,832 $ 46,852 $ (60,684 ) $ 29,536 (1) Includes all other subsidiaries of Global Indemnity Limited and eliminations (2) Includes Parent co-obligor and subsidiary co-obligor consolidating adjustments Condensed Consolidating Statements of Comprehensive Income for the Quarter Ended June 30, 2018 (Dollars in thousands) Global Indemnity Limited (Parent co-obligor) Global Indemnity Group, Inc. (Subsidiary co-obligor) Other Global Indemnity Limited Subsidiaries and Eliminations (non-co-obligor subsidiaries) (1) Consolidating Adjustments (2) Global Indemnity Limited Consolidated Net income (loss) $ 7,192 $ (6,434 ) $ 20,219 $ (13,785 ) $ 7,192 Other comprehensive loss, net of tax: Unrealized holding losses (23 ) (475 ) (5,322 ) — (5,820 ) Equity in other comprehensive loss of unconsolidated subsidiaries (5,941 ) (2,517 ) (2,600 ) 11,058 — Portion of other-than-temporary impairment losses recognized in other comprehensive loss — — (7 ) — (7 ) Reclassification adjustment for (gains) losses included in net income (loss) 20 392 199 — 611 Unrealized foreign currency translation losses — — (728 ) — (728 ) Other comprehensive loss, net of tax (5,944 ) (2,600 ) (8,458 ) 11,058 (5,944 ) Comprehensive income (loss), net of tax $ 1,248 $ (9,034 ) $ 11,761 $ (2,727 ) $ 1,248 (1) Includes all other subsidiaries of Global Indemnity Limited and eliminations (2) Includes Parent co-obligor and subsidiary co-obligor consolidating adjustments Condensed Consolidating Statements of Comprehensive Income for the Six Months Ended June 30, 2019 (Dollars in thousands) Global Indemnity Limited (Parent co-obligor) Global Indemnity Group, Inc. (Subsidiary co-obligor) Other Global Indemnity Limited Subsidiaries and Eliminations (non-co-obligor subsidiaries) (1) Consolidating Adjustments (2) Global Indemnity Limited Consolidated Net income $ 34,263 $ 15,365 $ 50,928 $ (66,293 ) $ 34,263 Other comprehensive income, net of tax: — — — — Unrealized holding gains 880 1,567 37,015 — 39,462 Equity in other comprehensive income (loss) of unconsolidated subsidiaries 37,454 19,490 21,300 (78,244 ) — Portion of other-than-temporary impairment losses recognized in other comprehensive income — — (2 ) — (2 ) Reclassification adjustment for (gains) losses included in net income (561 ) 243 (1,500 ) — (1,818 ) Unrealized foreign currency translation gains — — 131 — 131 Other comprehensive income, net of tax 37,773 21,300 56,944 (78,244 ) 37,773 Comprehensive income, net of tax $ 72,036 $ 36,665 $ 107,872 $ (144,537 ) $ 72,036 (1) Includes all other subsidiaries of Global Indemnity Limited and eliminations (2) Includes Parent co-obligor and subsidiary co-obligor consolidating adjustments Condensed Consolidating Statements of Comprehensive Income for the Six Months Ended June 30, 2018 (Dollars in thousands) Global Indemnity Limited (Parent co-obligor) Global Indemnity Group, Inc. (Subsidiary co-obligor) Other Global Indemnity Limited Subsidiaries and Eliminations (non-co-obligor subsidiaries) (1) Consolidating Adjustments (2) Global Indemnity Limited Consolidated Net income (loss) $ 12,893 $ (12,901 ) $ 43,129 $ (30,228 ) $ 12,893 Other comprehensive loss, net of tax: Unrealized holding losses (147 ) (2,085 ) (18,776 ) — (21,008 ) Equity in other comprehensive loss of unconsolidated subsidiaries (21,303 ) (9,030 ) (10,726 ) 41,059 — Portion of other-than-temporary impairment losses recognized in other comprehensive losses — — (8 ) — (8 ) Reclassification adjustment for losses included in net income (loss) 20 389 277 — 686 Unrealized foreign currency translation gains — — (1,100 ) — (1,100 ) Other comprehensive loss, net of tax (21,430 ) (10,726 ) (30,333 ) 41,059 (21,430 ) Comprehensive income (loss), net of tax $ (8,537 ) $ (23,627 ) $ 12,796 $ 10,831 $ (8,537 ) (1) Includes all other subsidiaries of Global Indemnity Limited and eliminations (2) Includes Parent co-obligor and subsidiary co-obligor consolidating adjustments Condensed Consolidating Statements of Cash Flows at June 30, 2019 (Dollars in thousands) Global Indemnity Limited (Parent co-obligor) Global Indemnity Group, Inc. (Subsidiary co-obligor) Other Global Indemnity Limited Subsidiaries and Eliminations (non-co-obligor subsidiaries) (1) Global Indemnity Limited Consolidated Cash flows from operating activities: Net cash provided by (used for) operating activities $ 1,521 $ (14,207 ) $ 9,551 $ (3,135 ) Cash flows from investing activities: Proceeds from sale of fixed maturities 48,393 101,584 419,552 569,529 Proceeds from sale of equity securities 3,600 163,428 — 167,028 Proceeds from maturity of fixed maturities — — 95,994 95,994 Proceeds from other invested assets 2,349 — — 2,349 Amounts paid in connection with derivatives — (8,022 ) — (8,022 ) Purchases of fixed maturities (10,548 ) (22,726 ) (540,604 ) (573,878 ) Purchases of equity securities (39,332 ) (245,652 ) — (284,984 ) Purchases of other invested assets — (3,500 ) — (3,500 ) Net cash provided by (used for) investing activities 4,462 (14,888 ) (25,058 ) (35,484 ) Cash flows from financing activities: Net borrowings under margin borrowing facility — 3,409 — 3,409 Dividends paid to shareholders (7,125 ) — — (7,125 ) Purchase of A ordinary shares (947 ) — — (947 ) Net cash provided by (used for) financing activities (8,072 ) 3,409 — (4,663 ) Net change in cash and cash equivalents (2,089 ) (25,686 ) (15,507 ) (43,282 ) Cash and cash equivalents at beginning of period 2,221 26,039 71,237 99,497 Cash and cash equivalents at end of period $ 132 $ 353 $ 55,730 $ 56,215 (1) Includes all other subsidiaries of Global Indemnity Limited and eliminations Condensed Consolidating Statements of Cash Flows at June 30, 2018 (Dollars in thousands) Global Indemnity Limited (Parent co-obligor) Global Indemnity Group, Inc. (Subsidiary co-obligor) Other Global Indemnity Limited Subsidiaries and Eliminations (non-co-obligor subsidiaries) (1) Global Indemnity Limited Consolidated Cash flows from operating activities: Net cash provided by (used for) operating activities $ (16,120 ) $ 9,869 $ 65,211 $ 58,960 Cash flows from investing activities: Proceeds from sale of fixed maturities 15,284 24,077 75,095 114,456 Proceeds from sale of equity securities — 17,461 — 17,461 Proceeds from maturity of fixed maturities 5,431 7,600 20,010 33,041 Proceeds from other invested assets — (1,322 ) 6,193 4,871 Amounts received in connection with derivatives — 6,602 — 6,602 Purchases of fixed maturities (25,485 ) (31,659 ) (157,793 ) (214,937 ) Purchases of equity securities — (17,330 ) — (17,330 ) Purchases of other invested assets — (10,550 ) — (10,550 ) Acquisition of business — (3,515 ) — (3,515 ) Net cash provided by (used for) investing activities (4,770 ) (8,636 ) (56,495 ) (69,901 ) Cash flows from financing activities: Net repayments under margin borrowing facility — (7,521 ) — (7,521 ) Proceeds / (issuance) of notes to affiliates 230,000 (230,000 ) — — Debt restructuring (230,000 ) 230,000 — — Dividends paid to shareholders (7,001 ) — — (7,001 ) Dividends from subsidiaries 20,000 — (20,000 ) — Purchase of A ordinary shares (1,813 ) — — (1,813 ) Net cash provided by (used for) financing activities 11,186 (7,521 ) (20,000 ) (16,335 ) Net change in cash and cash equivalents (9,704 ) (6,288 ) (11,284 ) (27,276 ) Cash and cash equivalents at beginning of period 11,089 7,749 55,576 74,414 Cash and cash equivalents at end of period $ 1,385 $ 1,461 $ 44,292 $ 47,138 (1) Includes all other subsidiaries of Global Indemnity Limited and eliminations

New Accounting Pronouncements

New Accounting Pronouncements	6 Months Ended
	Jun. 30, 2019
Accounting Changes And Error Corrections [Abstract]
New Accounting Pronouncements	15. New Accounting Pronouncements Accounting Standards Adopted in 2019 In February, 2016, the FASB issued new accounting guidance regarding leases. The new guidance increases transparency and comparability among organizations by recognizing lease assets and lease liabilities on the balance sheet and disclosing key information about leasing arrangements. In July, 2018, additional accounting guidance was issued which provided entities with an additional and optional transition method when adopting this new standard. Under this new transition method, an entity initially applies the new leases standard at the adoption date and recognizes a cumulative effect adjustment to the opening balance sheet of retained earnings. The lease guidance is effective for public business entities for fiscal years beginning after December 15, 2018, including interim periods within those fiscal years. The Company adopted this new accounting guidance on January 1, 2019 using the optional transition method. The Company elected the package of practical expedients permitted under the transition guidance within the new standard. In addition, the Company elected the hindsight practical expedient to determine the lease term for existing leases. Upon adoption, the In March, 2017, the FASB issued new accounting guidance which amended the amortization period for certain purchased callable debt securities held at a premium. Prior to adoption, entities generally amortized the premium as an adjustment of yield over the contractual life of the instruments. Under the new guidance, the amortization period was shortened to the earliest call date. This guidance is effective for public business entities for fiscal years, and interim periods within those fiscal years, beginning after December 15, 2018. The Company adopted this guidance on January 1, 2019. The adoption of this new accounting guidance did not have a material impact on its financial condition, results of operations, and cash flows. In April, 2019, the FASB issued new accounting guidance that affected a wide variety of topics in the Codification. The amendments in this update represent changes to clarify certain aspects in the Codification as it relates to Topic 326, Financial Instruments, Topic 815, Derivatives and Hedging, and Topic 825, Financial Instruments. The amendments in this update are meant to make the Codification easier to understand and easier to apply by eliminating inconsistencies and providing clarification. Some of the amendments in this guidance are effective immediately with the remainder effective for fiscal years beginning after December 31, 2019, including interim periods within those fiscal years. The adoption of this new accounting guidance did not have a material impact to the Company’s financial condition, results of operation, or cash flows. Recently Issued Accounting Guidance Not Yet Adopted In May, 2019, the FASB issued new accounting guidance which provides optional targeted transition relief related to the measurement of credit losses on financial instruments. Under the new guidance, companies will have the option to irrevocably elect the fair value option for certain financial assets previously measured at amortized cost basis. Election of the fair value option would be applied on an instrument by instrument basis for eligible instruments. This guidance is effective for public business entities for fiscal years beginning after December 15, 2019, including interim periods within those fiscal years. The Company does not expect the new guidance to have a material impact on its financial condition, results of operation, or cash flows. Please see Note 22 of the notes to the consolidated financial statements in Item 8 Part II of the Company’s 2018 Annual Report on Form 10-K for more information on accounting pronouncements issued but not yet adopted.

Principles of Consolidation a_2

Principles of Consolidation and Basis of Presentation (Policies)	6 Months Ended
	Jun. 30, 2019
Organization Consolidation And Presentation Of Financial Statements [Abstract]
Business Segments	The Company manages its business through four business segments: Commercial Specialty, Specialty Property, Farm, Ranch, & Stable, and Reinsurance Operations. The Company’s Commercial Specialty segment offers specialty property and casualty insurance products in the excess and surplus lines marketplace. The Company manages Commercial Specialty by differentiating them into four product classifications: Penn-America, which markets property and general liability products to small commercial businesses through a select network of wholesale general agents with specific binding authority; United National, which markets insurance products for targeted insured segments, including specialty products, such as property, general liability, and professional lines through program administrators with specific binding authority; Diamond State, which markets property, casualty, and professional lines products, which are developed by the Company’s underwriting department by individuals with expertise in those lines of business, through wholesale brokers and also markets through program administrators having specific binding authority; and Vacant Express, which primarily insures dwellings which are currently vacant, undergoing renovation, or are under construction and is marketed through aggregators, brokers, and retail agents. These product classifications comprise the Company’s Commercial Specialty business segment and are not considered individual business segments because each product has similar economic characteristics, distribution, and coverage. The Company’s Specialty Property segment offers specialty personal lines property and casualty insurance products through general and specialty agents with specific binding authority on an admitted basis. The Company’s Farm, Ranch, & Stable segment provides specialized property and casualty coverage including Commercial Farm Auto and Excess/Umbrella Coverage for the agriculture industry as well as specialized insurance products for the equine mortality and major medical industry on an admitted basis. These insurance products are sold through wholesalers and retail agents, with a selected number having specific binding authority. Collectively, the Company’s U.S. insurance subsidiaries are licensed in all 50 states, the District of Columbia, Puerto Rico, and the U.S. Virgin Islands. The Commercial Specialty, Specialty Property, and Farm, Ranch, & Stable segments comprise the Company’s U.S. Insurance Operations (“Insurance Operations”). The Company’s Reinsurance Operations consist solely of the operations of its Bermuda-based wholly-owned subsidiary, Global Indemnity Reinsurance Company, Ltd. (“Global Indemnity Reinsurance”). Global Indemnity Reinsurance is a treaty reinsurer of specialty property and casualty insurance and reinsurance companies. The Company’s Reinsurance Operations segment provides reinsurance solutions through brokers and primary writers including insurance and reinsurance companies. During the 1 st The interim consolidated financial statements are unaudited, but have been prepared in conformity with United States of America generally accepted accounting principles (“GAAP”), which differs in certain respects from those principles followed in reports to insurance regulatory authorities. The preparation of consolidated financial statements in conformity with GAAP requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the consolidated financial statements and the reported amounts of revenues and expenses during the reporting period. Actual results could differ from those estimates.
Intercompany Balances and Transactions	The unaudited consolidated financial statements include all adjustments that are, in the opinion of management, of a normal recurring nature and are necessary for a fair statement of results for the interim periods. Results of operations for the quarters and six months ended June 30, 2019 and 2018 are not necessarily indicative of the results of a full year. The accompanying notes to the unaudited consolidated financial statements should be read in conjunction with the notes to the consolidated financial statements contained in the Company’s 2018 Annual Report on Form 10-K. The consolidated financial statements include the accounts of Global Indemnity and its wholly owned subsidiaries. All intercompany balances and transactions have been eliminated in consolidation.
Investments	The Company regularly performs various analytical valuation procedures with respect to its investments, including reviewing each fixed maturity security in an unrealized loss position to assess whether the security has a credit loss. Specifically, the Company considers credit rating, market price, and issuer specific financial information, among other factors, to assess the likelihood of collection of all principal and interest as contractually due. Securities for which the Company determines that a credit loss is likely are subjected to further analysis through discounted cash flow testing to estimate the credit loss to be recognized in earnings, if any. The specific methodologies and significant assumptions used by asset class are discussed below. Upon identification of such securities and periodically thereafter, a detailed review is performed to determine whether the decline is considered other than temporary. This review includes an analysis of several factors, including but not limited to, the credit ratings and cash flows of the securities and the magnitude and length of time that the fair value of such securities is below cost. For fixed maturities, the factors considered in reaching the conclusion that a decline below cost is other than temporary include, among others, whether: (1) the issuer is in financial distress; (2) the investment is secured; (3) a significant credit rating action occurred; (4) scheduled interest payments were delayed or missed; (5) changes in laws or regulations have affected an issuer or industry; (6) 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; and (7) the investment failed cash flow projection testing to determine if anticipated principal and interest payments will be realized. 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 the Company must recognize an other than temporary impairment with the entire unrealized loss being recorded through earnings. For debt securities in an unrealized loss position not meeting these conditions, the Company assesses whether the impairment of a security is other than temporary. If the impairment is deemed to be other than temporary, the Company must separate the other than temporary impairment into two components: the amount representing the credit loss and the amount related to all other factors, such as changes in interest rates. The credit loss represents the portion of the amortized book value in excess of the net present value of the projected future cash flows discounted at the effective interest rate implicit in the debt security prior to impairment. The credit loss component of the other than temporary impairment is recorded through earnings, whereas the amount relating to factors other than credit losses is recorded in other comprehensive income, net of taxes.
Derivative Instruments	The Company accounts for the interest rate swaps as non-hedge instruments and recognizes the fair value of the interest rate swaps in other assets or other liabilities on the consolidated balance sheets with the changes in fair value recognized as net realized investment gains or losses in the consolidated statements of operations. The Company is ultimately responsible for the valuation of the interest rate swaps. To aid in determining the estimated fair value of the interest rate swaps, the Company relies on the forward interest rate curve and information obtained from a third party financial institution.
Fair Value Measurement	The Company’s invested assets and derivative instruments are carried at their fair value and are categorized based upon a fair value hierarchy: • Level 1 – inputs utilize quoted prices (unadjusted) in active markets for identical assets that the Company has the ability to access at the measurement date. • Level 2 – inputs utilize other than quoted prices included in Level 1 that are observable for similar assets, either directly or indirectly. • Level 3 – inputs are unobservable for the asset, and include situations where there is little, if any, market activity for the asset. In certain cases, the inputs used to measure fair value may fall into different levels of the fair value hierarchy. In such cases, the level in the fair value hierarchy within which the fair value measurement falls has been determined based on the lowest level input that is significant to the fair value measurement in its entirety. The Company’s assessment of the significance of a particular input to the fair value measurement in its entirety requires judgment, and considers factors specific to the asset. The following is a description of the valuation methodologies used by the Company’s pricing vendors for investment securities carried at fair value: • Equity security prices are received from all primary and secondary exchanges. • Corporate and agency bonds are evaluated by utilizing a spread to a benchmark curve. Bonds with similar characteristics are grouped into specific sectors. Inputs for both asset classes consist of trade prices, broker quotes, the new issue market, and prices on comparable securities. • Data from commercial vendors is aggregated with market information, then converted into an OAS matrix and prepayment model used for commercial mortgage obligations (“CMO”). CMOs are categorized with mortgage-backed securities in the tables listed above. For asset-backed securities, spread data is derived from trade prices, dealer quotations, and research reports. For both asset classes, evaluations utilize standard inputs plus new issue data, and collateral performance. The evaluated pricing models incorporate cash flows, broker quotes, market trades, historical prepayment speeds, and dealer projected speeds. • For obligations of state and political subdivisions, an attribute-based modeling system is used. The pricing model incorporates trades, market clearing yields, market color, and fundamental credit research. • U.S. treasuries are evaluated by obtaining feeds from a number of live data sources including primary and secondary dealers as well as inter-dealer brokers. • For mortgage-backed securities, various external analytical products are utilized and purchased from commercial vendors.
Statutory Income Tax Rates	The statutory income tax rate of each country is applied against the expected annual taxable income of the Company in each country to estimate the annual income tax expense.
Loss Reserves and Prior Year Development	When analyzing loss reserves and prior year development, the Company considers many factors, including the frequency and severity of claims, loss trends, case reserve settlements that may have resulted in significant development, and any other additional or pertinent factors that may impact reserve estimates.
Earnings Per Share	Earnings per share have been computed using the weighted average number of ordinary shares and ordinary share equivalents outstanding during the period.

Investments (Tables)

Investments (Tables)	6 Months Ended
	Jun. 30, 2019
Investments Schedule [Abstract]
Schedule of Amortized Cost and Estimated Fair Value of Investments	The amortized cost and estimated fair value of investments were as follows as of June 30, 2019 and December 31, 2018: (Dollars in thousands) Amortized Cost Gross Unrealized Gains Gross Unrealized Losses Estimated Fair Value Other than temporary impairments recognized in AOCI (1) As of June 30, 2019 Fixed maturities: U.S. treasury and agency obligations $ 175,763 $ 4,414 $ (75 ) $ 180,102 $ — Obligations of states and political subdivisions 40,013 890 - 40,903 — Mortgage-backed securities 183,430 2,488 (164 ) 185,754 — Asset-backed securities 175,979 1,351 (386 ) 176,944 — Commercial mortgage-backed securities 239,463 4,303 (357 ) 243,409 — Corporate bonds 266,706 6,894 (323 ) 273,277 — Foreign corporate bonds 94,292 1,638 (43 ) 95,887 — Total fixed maturities 1,175,646 21,978 (1,348 ) 1,196,276 — Equity Securities 262,029 — — 262,029 — Other invested assets 51,472 — — 51,472 — Total $ 1,489,147 $ 21,978 $ (1,348 ) $ 1,509,777 $ — (1) Represents the total amount of other than temporary impairment losses relating to factors other than credit losses recognized in accumulated other comprehensive income (“AOCI”). (Dollars in thousands) Amortized Cost Gross Unrealized Gains Gross Unrealized Losses Estimated Fair Value Other than temporary impairments recognized in AOCI (1) As of December 31, 2018 Fixed maturities: U.S. treasury and agency obligations $ 79,766 $ 252 $ (1,163 ) $ 78,855 $ — Obligations of states and political subdivisions 95,629 322 (338 ) 95,613 — Mortgage-backed securities 119,327 313 (1,786 ) 117,854 — Asset-backed securities 185,430 336 (2,012 ) 183,754 — Commercial mortgage-backed securities 206,236 338 (3,852 ) 202,722 — Corporate bonds 452,692 243 (12,080 ) 440,855 — Foreign corporate bonds 118,750 44 (3,292 ) 115,502 — Total fixed maturities 1,257,830 1,848 (24,523 ) 1,235,155 — Common stock 124,747 — — 124,747 — Other invested assets 50,753 — — 50,753 — Total $ 1,433,330 $ 1,848 $ (24,523 ) $ 1,410,655 $ — (1) Represents the total amount of other than temporary impairment losses relating to factors other than credit losses recognized in accumulated other comprehensive income (“AOCI”).
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 June 30, 2019, 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 Cost Estimated Fair Value Due in one year or less $ 48,262 $ 48,230 Due in one year through five years 345,085 350,697 Due in five years through ten years 121,987 126,075 Due in ten years through fifteen years 15,388 16,136 Due after fifteen years 46,052 49,031 Mortgage-backed securities 183,430 185,754 Asset-backed securities 175,979 176,944 Commercial mortgage-backed securities 239,463 243,409 Total $ 1,175,646 $ 1,196,276
Summary of Securities With Gross Unrealized Losses	The following table contains an analysis of the Company’s fixed income securities with gross unrealized losses, categorized by the period that the securities were in a continuous loss position as of June 30, 2019. Less than 12 months 12 months or longer (1) Total (Dollars in thousands) Fair Value Gross Unrealized Losses Fair Value Gross Unrealized Losses Fair Value Gross Unrealized Losses Fixed maturities: U.S. treasury and agency obligations $ 452 $ (1 ) $ 25,141 $ (74 ) $ 25,593 $ (75 ) Mortgage-backed securities 24,110 (70 ) 21,896 (94 ) 46,006 (164 ) Asset-backed securities 29,989 (155 ) 32,009 (231 ) 61,998 (386 ) Commercial mortgage-backed securities 18,654 (46 ) 32,575 (311 ) 51,229 (357 ) Corporate bonds 15 (1 ) 27,959 (322 ) 27,974 (323 ) Foreign corporate bonds 1,146 (3 ) 10,840 (40 ) 11,986 (43 ) Total fixed maturities $ 74,366 $ (276 ) $ 150,420 $ (1,072 ) $ 224,786 $ (1,348 ) (1) Fixed maturities in a gross unrealized loss position for twelve months or longer are primarily comprised of non-credit losses on investment grade 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 Company has analyzed these securities and has determined that they are not other than temporarily impaired. The following table contains an analysis of the Company’s fixed income securities with gross unrealized losses, categorized by the period that the securities were in a continuous loss position as of December 31, 2018: Less than 12 months 12 months or longer (1) Total (Dollars in thousands) Fair Value Gross Unrealized Losses Fair Value Gross Unrealized Losses Fair Value Gross Unrealized Losses Fixed maturities: U.S. treasury and agency obligations $ — $ — $ 67,185 $ (1,163 ) $ 67,185 $ (1,163 ) Obligations of states and political subdivisions 22,802 (57 ) 28,179 (281 ) 50,981 (338 ) Mortgage-backed securities 36,858 (408 ) 60,838 (1,378 ) 97,696 (1,786 ) Asset-backed securities 96,085 (1,342 ) 50,506 (670 ) 146,591 (2,012 ) Commercial mortgage-backed securities 44,596 (878 ) 127,557 (2,974 ) 172,153 (3,852 ) Corporate bonds 285,997 (8,791 ) 115,052 (3,289 ) 401,049 (12,080 ) Foreign corporate bonds 56,543 (1,795 ) 47,494 (1,497 ) 104,037 (3,292 ) Total fixed maturities $ 542,881 $ (13,271 ) $ 496,811 $ (11,252 ) $ 1,039,692 $ (24,523 ) (1) Fixed maturities in a gross unrealized loss position for twelve months or longer are primarily comprised of non-credit losses on investment grade 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 Company has analyzed these securities and has determined that they are not other than temporarily impaired.
Schedule of Other Than Temporary Impairments on Investments	The Company recorded the following other than temporary impairments (“OTTI”) on its investment portfolio for the quarters and six months ended June 30, 2019 and 2018: Quarters Ended June 30, Six Months Ended June 30, (Dollars in thousands) 2019 2018 2019 2018 Fixed maturities: OTTI losses, gross $ — $ (371 ) $ (1,897 ) $ (371 ) Portion of loss recognized in other comprehensive income (pre-tax) — — — — Net impairment losses on fixed maturities recognized in earnings $ — $ (371 ) $ (1,897 ) $ (371 )
Schedule of Credit Losses Recognized in Earnings	The following table is an analysis of the credit losses recognized in earnings on fixed maturities held by the Company for the quarters and six months ended June 30, 2019 and 2018 for which a portion of the OTTI loss was recognized in other comprehensive income. Quarters Ended June 30, Six Months Ended June 30, (Dollars in thousands) 2019 2018 2019 2018 Balance at beginning of period $ 13 $ 13 $ 13 $ 13 Additions where no OTTI was previously recorded — — — — Additions where an OTTI was previously recorded — — — — Reductions for securities for which the company intends to sell or more likely than not will be required to sell before recovery — — — — Reductions reflecting increases in expected cash flows to be collected — — — — Reductions for securities sold during the period — — — — Balance at end of period $ 13 $ 13 $ 13 $ 13
Schedule of Accumulated Other Comprehensive Income, Net of Tax	Accumulated other comprehensive income, net of tax, as of June 30, 2019 and December 31, 2018 was as follows: (Dollars in thousands) June 30, 2019 December 31, 2018 Net unrealized gains (losses)from: Fixed maturities $ 20,630 $ (22,675 ) Foreign currency fluctuations (1,203 ) (1,334 ) Deferred taxes (2,885 ) 2,778 Accumulated other comprehensive income, net of tax $ 16,542 $ (21,231 )
Changes In Accumulated Other Comprehensive Income	The following tables present the changes in accumulated other comprehensive income, net of tax, by component for the quarters and six months ended June 30, 2019 and 2018: Quarter Ended June 30, 2019 (Dollars In Thousands) Unrealized Gains and Losses on Available for Sale Securities Foreign Currency Items Accumulated Other Comprehensive Income Beginning balance, net of tax $ 2,809 $ (1,140 ) $ 1,669 Other comprehensive income (loss) before reclassification, before tax 21,286 (63 ) 21,223 Amounts reclassified from accumulated other comprehensive (income), before tax (4,083 ) — (4,083 ) Other comprehensive income (loss), before tax 17,203 (63 ) 17,140 Income tax (expense) related to items of OCI (2,267 ) — (2,267 ) Ending balance, net of tax $ 17,745 $ (1,203 ) $ 16,542 Quarter Ended June 30, 2018 (Dollars In Thousands) Unrealized Gains and Losses on Available for Sale Securities Foreign Currency Items Accumulated Other Comprehensive Income Beginning balance, net of tax $ (16,710 ) $ 179 $ (16,531 ) Other comprehensive (loss) before reclassification, before tax (6,639 ) (728 ) (7,367 ) Amounts reclassified from accumulated other comprehensive loss, before tax 732 — 732 Other comprehensive (loss), before tax (5,907 ) (728 ) (6,635 ) Income tax benefit related to items of OCI 691 — 691 Ending balance, net of tax $ (21,926 ) $ (549 ) $ (22,475 ) Six Months Ended June 30, 2019 (Dollars In Thousands) Unrealized Gains and Losses on Available for Sale Securities Foreign Currency Items Accumulated Other Comprehensive Income Beginning balance, net of tax $ (19,897 ) $ (1,334 ) $ (21,231 ) Other comprehensive income before reclassification, before tax 45,193 131 45,324 Amounts reclassified from accumulated other comprehensive (income), before tax (1,888 ) — (1,888 ) Other comprehensive income, before tax 43,305 131 43,436 Income tax (expense) related to items of OCI (5,663 ) — (5,663 ) Ending balance, net of tax $ 17,745 $ (1,203 ) $ 16,542 Six Months Ended June 30, 2018 (Dollars In Thousands) Unrealized Gains and Losses on Available for Sale Securities Foreign Currency Items Accumulated Other Comprehensive Income Beginning balance, net of tax $ 8,272 $ 711 $ 8,983 Other comprehensive (loss) before reclassification, before tax (23,983 ) (1,100 ) (25,083 ) Amounts reclassified from accumulated other comprehensive loss, before tax 825 — 825 Other comprehensive (loss), before tax (23,158 ) (1,100 ) (24,258 ) Income tax benefit related to items of OCI 2,828 — 2,828 Cumulative effect adjustment, net of tax (9,868 ) (160 ) (10,028 ) Ending balance, net of tax $ (21,926 ) $ (549 ) $ (22,475 )
Reclassifications Out of Accumulated Other Comprehensive Income	The reclassifications out of accumulated other comprehensive income for the quarters and six months ended June 30, 2019 and 2018 were as follows: (Dollars in thousands) Amounts Reclassified from Accumulated Other Comprehensive Income Quarters Ended June 30, Details about Accumulated Other Comprehensive Income Components Affected Line Item in the Consolidated Statements of Operations 2019 2018 Unrealized gains and losses on available for sale securities Other net realized investment (gains) losses $ (4,083 ) $ 361 Other than temporary impairment losses on investments - 371 Total before tax (4,083 ) 732 Income tax expense (benefit) 343 (121 ) Unrealized gains and losses on available for sale securities, net of tax (3,740 ) 611 Foreign currency items Other net realized investment (gains) losses — — Income tax expense — — Foreign currency items, net of tax — — Total reclassifications Total reclassifications, net of tax $ (3,740 ) $ 611 Amounts Reclassified from Accumulated Other Comprehensive Income (Dollars in thousands) Six Months Ended June 30, Details about Accumulated Other Comprehensive Income Components Affected Line Item in the Consolidated Statements of Operations 2019 2018 Unrealized gains and losses on available for sale securities Other net realized investment (gains) losses $ (3,785 ) $ 454 Other than temporary impairment losses on investments 1,897 371 Total before tax (1,888 ) 825 Income tax expense (benefit) 70 (139 ) Unrealized gains and losses on available for sale securities, net of tax (1,818 ) 686 Foreign currency items Other net realized investment (gains) losses — — Income tax expense — - Foreign currency items, net of tax — - Total reclassifications Total reclassifications, net of tax $ (1,818 ) $ 686
Components of Net Realized Investment Gains (Losses)	The components of net realized investment gains (losses) for the quarters and six months ended June 30, 2019 and 2018 were as follows: Quarters Ended June 30, Six Months Ended June 30, (Dollars in thousands) 2019 2018 2019 2018 Fixed maturities: Gross realized gains $ 4,685 $ 20 $ 4,711 $ 44 Gross realized losses (602 ) (752 ) (2,823 ) (869 ) Net realized gains (losses) 4,083 (732 ) 1,888 (825 ) Equity Securities: Gross realized gains 8,570 2,874 25,255 6,327 Gross realized losses (4,397 ) (809 ) (5,930 ) (8,636 ) Net realized gains (losses) 4,173 2,065 19,325 (2,309 ) Derivatives: Gross realized gains — 1,966 — 6,767 Gross realized losses (4,666 ) (469 ) (7,233 ) (1,119 ) Net realized gains (losses) (1) (4,666 ) 1,497 (7,233 ) 5,648 Total net realized investment gains (losses) $ 3,590 $ 2,830 $ 13,980 $ 2,514 (1) Includes periodic net interest settlements related to the derivatives of $0.2 million and $0.5 million for the quarters ended June 30, 2019 and 2018, respectively, and $0.4 million and $1.2 million for the six months ended June 30, 2019 and 2018, 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 June 30, 2019 and 2018: Quarters Ended June 30, Six Months Ended June 30, (Dollars in thousands) 2019 2018 2019 2018 Net gains and (losses) recognized during the period on equity securities $ 4,173 $ 2,065 $ 19,325 $ (2,309 ) Less: Net gains recognized during the period on equity securities sold during the period 8,416 1,308 10,450 1,862 Unrealized gains and (losses) recognized during the reporting period on equity securities still held at the reporting date $ (4,243 ) $ 757 $ 8,875 $ (4,171 )
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 investment gains (losses) for the six months ended June 30, 2019 and 2018 were as follows: Six Months Ended June 30, (Dollars in thousands) 2019 2018 Fixed maturities $ 569,529 $ 114,456 Equity securities 167,028 17,461
Schedule of Investment Income	The sources of net investment income for the quarters and six months ended June 30, 2019 and 2018 were as follows: Quarters Ended June 30, Six Months Ended June 30, (Dollars in thousands) 2019 2018 2019 2018 Fixed maturities $ 8,918 $ 9,188 $ 18,886 $ 17,716 Equity securities 1,543 1,005 2,680 2,004 Cash and cash equivalents 469 265 870 529 Other invested assets 3,818 1,240 114 3,563 Total investment income 14,748 11,698 22,550 23,812 Investment expense (922 ) (744 ) (1,505 ) (1,454 ) Net investment income $ 13,826 $ 10,954 $ 21,045 $ 22,358
Schedule of Total Investment Return	The Company’s total investment return on a pre-tax basis for the quarters and six months ended June 30, 2019 and 2018 were as follows: Quarters Ended June 30, Six Months Ended June 30, (Dollars in thousands) 2019 2018 2019 2018 Net investment income $ 13,826 $ 10,954 $ 21,045 $ 22,358 Net realized investment gains (losses) 3,590 2,830 13,980 2,514 Change in unrealized holding gains and losses 17,140 (6,635 ) 43,436 (24,258 ) Net realized and unrealized investment returns 20,730 (3,805 ) 57,416 (21,744 ) Total investment return $ 34,556 $ 7,149 $ 78,461 $ 614 Total investment return % (1) 2.2 % 0.5 % 5.1 % 0.0 % Average investment portfolio (2) $ 1,537,280 $ 1,546,801 $ 1,533,155 $ 1,543,593 (1) Not annualized. (2) Average of total cash and invested assets, net of receivable/payable for securities purchased and sold, as of the beginning and end of the period.
Summary of Insurance Enhanced Municipal Bonds Backed by Financial Guarantors	A summary of the Company’s insurance enhanced municipal bonds that are backed by financial guarantors, including the pre-refunded bonds that are escrowed in U.S. government obligations, as of June 30, 2019, is as follows: (Dollars in thousands) Financial Guarantor Total Pre- refunded Securities Government Guaranteed Securities Exposure Net of Pre-refunded & Government Guaranteed Securities Municipal Bond Insurance Association $ 678 $ — $ — $ 678 Total backed by financial guarantors $ 678 $ — $ — $ 678
Summary of Estimated Fair Values of Bonds Held on Deposit	The fair values were as follows as of June 30, 2019 and December 31, 2018: Estimated Fair Value (Dollars in thousands) June 30, 2019 December 31, 2018 On deposit with governmental authorities $ 26,361 $ 25,855 Intercompany trusts held for the benefit of U.S. policyholders 186,674 209,028 Held in trust pursuant to third party requirements 115,528 98,417 Letter of credit held for third party requirements 1,458 2,317 Securities held as collateral for borrowing arrangements (1) 82,822 83,214 Total $ 412,843 $ 418,831 (1) Amount required to collateralize margin borrowing facility.

Derivative Instruments (Tables)

Derivative Instruments (Tables)	6 Months Ended
	Jun. 30, 2019
Derivative Instruments And Hedging Activities Disclosure [Abstract]
Summarized Information of Location and Gross Amount of Derivatives' Fair Value in Consolidated Balance Sheets	The following table summarizes information on the location and the gross amount of the derivatives’ fair value on the consolidated balance sheets as of June 30, 2019 and December 31, 2018: (Dollars in thousands) June 30, 2019 December 31, 2018 Derivatives Not Designated as Hedging Instruments under ASC 815 Balance Sheet Location Notional Amount Fair Value Notional Amount Fair Value Interest rate swap agreements Other assets/liabilities $ 200,000 $ (10,898 ) $ 200,000 $ (4,062 )
Summary of Net Gain (Loss) Included in Consolidated Statements of Operations for Changes in Fair Value of Derivatives and Periodic Net Interest Settlements Under Derivatives	The following table summarizes the net gains (losses) included in the consolidated statements of operations for changes in the fair value of the derivatives and the periodic net interest settlements under the derivatives for the quarters and six months ended June 30, 2019 and 2018: Quarters Ended June 30, Six Months Ended June 30, (Dollars in thousands) Consolidated Statements of Operations Line 2019 2018 2019 2018 Interest rate swap agreements Net realized investment gains (losses) $ (4,666 ) $ 1,497 $ (7,233 ) $ 5,648

Fair Value Measurements (Tables

Fair Value Measurements (Tables)	6 Months Ended
	Jun. 30, 2019
Fair Value Disclosures [Abstract]
Company's Invested Assets and Derivative Instruments Measured at Fair Value on Recurring Basis	The following table presents information about the Company’s invested assets and derivative instruments measured at fair value on a recurring basis as of June 30, 2019 and December 31, 2018 and indicates the fair value hierarchy of the valuation techniques utilized by the Company to determine such fair value. Fair Value Measurements As of June 30, 2019 (Dollars in thousands) Level 1 Level 2 Level 3 Total Assets: Fixed maturities: U.S. treasury and agency obligations $ 180,102 $ — $ — $ 180,102 Obligations of states and political subdivisions — 40,903 — 40,903 Mortgage-backed securities — 185,754 — 185,754 Commercial mortgage-backed securities — 243,409 — 243,409 Asset-backed securities — 176,944 — 176,944 Corporate bonds — 273,277 — 273,277 Foreign corporate bonds — 95,887 — 95,887 Total fixed maturities 180,102 1,016,174 — 1,196,276 Equity securities 262,029 — — 262,029 Total assets measured at fair value (1) $ 442,131 $ 1,016,174 $ — $ 1,458,305 Liabilities: Derivative instruments $ — $ 10,898 $ — $ 10,898 Total liabilities measured at fair value $ — $ 10,898 $ — $ 10,898 (1) Excluded from the table above are limited partnerships of $51.5 million at June 30, 2019 whose fair value is based on net asset value as a practical expedient. Fair Value Measurements As of December 31, 2018 (Dollars in thousands) Level 1 Level 2 Level 3 Total Assets: Fixed maturities: U.S. treasury and agency obligations $ 78,855 $ — $ — $ 78,855 Obligations of states and political subdivisions — 95,613 — 95,613 Mortgage-backed securities — 117,854 — 117,854 Commercial mortgage-backed securities — 202,722 — 202,722 Asset-backed securities — 183,754 — 183,754 Corporate bonds — 440,855 — 440,855 Foreign corporate bonds — 115,502 — 115,502 Total fixed maturities 78,855 1,156,300 — 1,235,155 Common stock 124,747 — — 124,747 Total assets measured at fair value (1) $ 203,602 $ 1,156,300 $ — $ 1,359,902 Liabilities: Derivative instruments $ — $ 4,062 $ — $ 4,062 Total liabilities measured at fair value $ — $ 4,062 $ — $ 4,062 (1) Excluded from the table above are limited partnerships of $50.8 million at December 31, 2018 whose fair value is based on net asset value as a practical expedient.
Current Fair Value of Debt	For the Company’s material debt arrangements, the current fair value of the Company’s debt at June 30, 2019 and December 31, 2018 was as follows: June 30, 2019 December 31, 2018 (Dollars in thousands) Carrying Value Fair Value Carrying Value Fair Value Margin Borrowing Facility $ 69,227 $ 69,227 $ 65,818 $ 65,818 7.75% Subordinated Notes due 2045 (1) 96,803 99,963 96,742 92,261 7.875% Subordinated Notes due 2047 (2) 126,076 130,964 126,005 120,597 Total $ 292,106 $ 300,154 $ 288,565 $ 278,676 (1) As of June 30, 2019 and December 31, 2018, the carrying value and fair value of the 7.75% Subordinated Notes due 2045 are net of unamortized debt issuance cost of $3.2 million and $3.3 million, respectively. (2) As of June 30, 2019 and December 31, 2018, the carrying value and fair value of the 7.875% Subordinated Notes due 2047 are net of unamortized debt issuance cost of $3.9 million and $4.0 million, respectively.
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 June 30, 2019 and December 31, 2018. June 30, 2019 December 31, 2018 (Dollars in thousands) Fair Value Future Funding Commitment Fair Value Future Funding Commitment Real Estate Fund, LP (1) $ — $ — $ — $ — European Non-Performing Loan Fund, LP (2) 15,544 14,214 17,893 14,214 Distressed Debt Fund, LP (3) 35,928 17,000 32,860 20,500 Total $ 51,472 $ 31,214 $ 50,753 $ 34,714 (1) This limited partnership invests in real estate assets through a combination of direct or indirect investments in partnerships, limited liability companies, mortgage loans, and lines of credit. 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. The Company does not have the ability to sell or transfer its limited partnership interest without consent from the general partner. The Company continues to hold an investment in this limited partnership and has written the fair value down to zero. (2) 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. Based on the terms of the partnership agreement, the Company anticipates its interest in this partnership to be redeemed by 2020. (3) This limited partnership invests in stressed and distressed securities and structured products. The Company does not have the ability to sell or transfer its limited partnership interest without consent from the general partner. The Company does not have the contractual option to redeem its limited partnership interest but receives distributions based on the liquidation of the underlying assets. Based on the terms of the partnership agreement, the Company anticipates its interest to be redeemed no later than 2027.

Income Taxes (Tables)

Income Taxes (Tables)	6 Months Ended
	Jun. 30, 2019
Income Tax Disclosure [Abstract]
Income before Income Taxes from its Non-U.S. Subsidiaries and U.S. Subsidiaries	The Company’s income before income taxes from its non-U.S. subsidiaries and U.S. subsidiaries for the quarters and six months ended June 30, 2019 and 2018 were as follows: Quarter Ended June 30, 2019 (Dollars in thousands) Non-U.S. Subsidiaries U.S. Subsidiaries Eliminations Total Revenues: Gross premiums written $ 32,059 $ 147,262 $ — $ 179,321 Net premiums written $ 32,059 $ 127,010 $ — $ 159,069 Net premiums earned $ 18,579 $ 109,622 $ — $ 128,201 Net investment income 10,672 9,956 (6,802 ) 13,826 Net realized investment gains 2,285 1,305 — 3,590 Other income (loss) (38 ) 560 — 522 Total revenues 31,498 121,443 (6,802 ) 146,139 Losses and Expenses: Net losses and loss adjustment expenses 11,468 58,607 — 70,075 Acquisition costs and other underwriting expenses 5,360 45,174 — 50,534 Corporate and other operating expenses 1,779 2,860 — 4,639 Interest expense 355 11,489 (6,802 ) 5,042 Income before income taxes $ 12,536 $ 3,313 $ — $ 15,849 Quarter Ended June 30, 2018 (Dollars in thousands) Non-U.S. Subsidiaries U.S. Subsidiaries Eliminations Total Revenues: Gross premiums written $ 20,300 $ 138,517 $ — $ 158,817 Net premiums written $ 20,300 $ 116,154 $ — $ 136,454 Net premiums earned $ 37,111 $ 76,806 $ — $ 113,917 Net investment income 12,293 7,036 (8,375 ) 10,954 Net realized investment gains (losses) (159 ) 2,989 — 2,830 Other income (loss) (147 ) 471 — 324 Total revenues 49,098 87,302 (8,375 ) 128,025 Losses and Expenses: Net losses and loss adjustment expenses 12,768 46,093 — 58,861 Acquisition costs and other underwriting expenses 16,147 31,366 — 47,513 Corporate and other operating expenses 4,915 6,003 — 10,918 Interest expense 1,552 11,763 (8,375 ) 4,940 Income (loss) before income taxes $ 13,716 $ (7,923 ) $ — $ 5,793 Six Months Ended June 30, 2019 (Dollars in thousands) Non-U.S. Subsidiaries U.S. Subsidiaries Eliminations Total Revenues: Gross premiums written $ 49,608 $ 271,914 $ — $ 321,522 Net premiums written $ 49,601 $ 232,884 $ — $ 282,485 Net premiums earned $ 33,286 $ 217,004 $ — $ 250,290 Net investment income 15,042 13,092 (7,089 ) 21,045 Net realized investment gains 1,393 12,587 — 13,980 Other income (23 ) 1,033 — 1,010 Total revenues 49,698 243,716 (7,089 ) 286,325 Losses and Expenses: Net losses and loss adjustment expenses 16,448 111,948 — 128,396 Acquisition costs and other underwriting expenses 10,355 89,922 — 100,277 Corporate and other operating expenses 3,306 4,538 — 7,844 Interest expense 708 16,446 (7,089 ) 10,065 Income before income taxes $ 18,881 $ 20,862 $ — $ 39,743 Six Months Ended June 30, 2018 (Dollars in thousands) Non-U.S. Subsidiaries U.S. Subsidiaries Eliminations Total Revenues: Gross premiums written $ 30,615 $ 252,449 $ — $ 283,064 Net premiums written $ 30,614 $ 213,710 $ — $ 244,324 Net premiums earned $ 85,133 $ 136,786 $ — $ 221,919 Net investment income 27,514 14,224 (19,380 ) 22,358 Net realized investment gains (losses) (164 ) 2,678 — 2,514 Other income (loss) (97 ) 975 — 878 Total revenues 112,386 154,663 (19,380 ) 247,669 Losses and Expenses: Net losses and loss adjustment expenses 33,333 81,600 — 114,933 Acquisition costs and other underwriting expenses 37,287 55,229 — 92,516 Corporate and other operating expenses 9,313 10,865 — 20,178 Interest expense 6,393 22,788 (19,380 ) 9,801 Income (loss) before income taxes $ 26,060 $ (15,819 ) $ — $ 10,241
Components of Income Tax Benefit	The following table summarizes the components of income tax benefit: Quarters Ended June 30, Six Months Ended June 30, (Dollars in thousands) 2019 2018 2019 2018 Current income tax expense (benefit): Foreign $ (64 ) $ 85 $ (18 ) $ 264 U.S. Federal — 166 — 732 Total current income tax expense (benefit) (64 ) 251 (18 ) 996 Deferred income tax expense (benefit): U.S. Federal 1,250 (1,650 ) 5,498 (3,648 ) Total deferred income tax expense (benefit) 1,250 (1,650 ) 5,498 (3,648 ) Total income tax expense (benefit) $ 1,186 $ (1,399 ) $ 5,480 $ (2,652 )
Differences in Tax Provision for Financial Statement Purposes and Expected Tax Provision at Weighted Average Tax Rate	The following table summarizes the differences between the tax provision for financial statement purposes and the expected tax provision at the weighted average tax rate: Quarters Ended June 30, 2019 2018 (Dollars in thousands) Amount % of Pre- Tax Income Amount % of Pre- Tax Income Expected tax provision at weighted average tax rate $ 649 4.1 % $ (1,497 ) (25.8 %) Adjustments: Tax exempt interest — — (4 ) (0.1 ) Dividend exclusion (146 ) (0.9 %) (70 ) (1.2 ) Base Erosion Anti-Abuse Tax — — 165 2.9 Non-deductible interest 688 4.3 % — — Other (5 ) (0.0 %) 7 0.1 Effective income tax expense (benefit) $ 1,186 7.5 % $ (1,399 ) (24.1 %) Six Months Ended June 30, 2019 2018 (Dollars in thousands) Amount % of Pre- Tax Income Amount % of Pre- Tax Income Expected tax provision at weighted average tax rate $ 4,381 11.0 % $ (3,033 ) (29.6 %) Adjustments: Tax exempt interest (1 ) (0.0 %) (5 ) — Dividend exclusion (223 ) (0.6 %) (135 ) (1.3 ) Base Erosion Anti-Abuse Tax — — 731 7.1 Non-deductible interest 1,368 3.4 % — — Other (45 ) (0.1 %) (210 ) (2.1 ) Effective income tax expense (benefit) $ 5,480 13.8 % $ (2,652 ) (25.9 %)

Liability for Unpaid Losses a_2

Liability for Unpaid Losses and Loss Adjustment Expenses (Tables)	6 Months Ended
	Jun. 30, 2019
Insurance [Abstract]
Summarized Activity in Liability for Unpaid Losses and Loss Adjustment Expenses	Activity in the liability for unpaid losses and loss adjustment expenses is summarized as follows: Quarters Ended June 30, Six Months Ended June 30, (Dollars in thousands) 2019 2018 2019 2018 Balance at beginning of period $ 645,959 $ 615,125 $ 680,031 $ 634,664 Less: Ceded reinsurance receivables 97,065 92,314 109,342 97,243 Net balance at beginning of period 548,894 522,811 570,689 537,421 Incurred losses and loss adjustment expenses related to: Current year 78,238 68,448 144,489 130,447 Prior years (8,163 ) (9,587 ) (16,093 ) (15,514 ) Total incurred losses and loss adjustment expenses 70,075 58,861 128,396 114,933 Paid losses and loss adjustment expenses related to: Current year 37,176 33,120 55,516 50,574 Prior years 32,854 26,279 94,630 79,507 Total paid losses and loss adjustment expenses 70,030 59,399 150,146 130,081 Net balance at end of period 548,939 522,273 548,939 522,273 Plus: Ceded reinsurance receivables 59,834 91,397 59,834 91,397 Balance at end of period $ 608,773 $ 613,670 $ 608,773 $ 613,670

Leases (Tables)

Leases (Tables)	6 Months Ended
	Jun. 30, 2019
Leases [Abstract]
Components of Lease Expense	The components of lease expense were as follows: (Dollars in thousands) Quarter Ended June 30, 2019 Six Months Ended June 30, 2019 Operating lease expense $ 822 $ 1,641 Short-term lease expense 2 5 Total lease expense $ 824 $ 1,646
Schedule of Supplemental Cash Flow Information Related to Leases	Supplemental cash flow information related to leases was as follows: (Dollars in thousands) Six Months Ended June 30, 2019 Cash paid for amounts included in the measurement of liabilities: Operating cash flows from operating leases $ 1,188 Right-of-use assets obtained in exchange for new lease obligations: Operating leases $ 14,596
Schedule of Supplemental Balance Sheet Information Related to Leases	Supplemental balance sheet information related to leases was as follows: The table below presents the lease-related assets and liabilities recorded on the consolidated balance sheets. (Dollars in thousands) Classification on the consolidated balance sheets June 30, 2019 Assets: Operating lease assets Other assets $ 24,143 Liabilities: Operating lease liabilities Other liabilities $ 24,571 Weighted-average remaining lease term Operating leases 10.1 years Weighted-average discount rate Operating leases (1) 2.7 % (1) Represents the Company’s incremental borrowing rate
Future Minimum Cash Payments Under Non-cancelable Operating Leases	At June 30, 2019, future minimum lease payments under non-cancelable operating leases were as follows: (Dollars in thousands) 2019 (1) $ 1,345 2020 1,942 2021 2,779 2022 2,659 2023 2,702 Thereafter 16,887 Total future minimum lease payments $ 28,314 Less: amount representing interest 3,743 Present value of minimum lease payments $ 24,571 (1) Excludes the six months ended June 30, 2019

Shareholders' Equity (Tables)

Shareholders' Equity (Tables)	6 Months Ended
	Jun. 30, 2019
Equity [Abstract]
Information with Respect to A Ordinary Shares that were Surrendered or Repurchased	There were no A ordinary shares that were surrendered or repurchased during the quarters ended June 30, 2019 and 2018. The following table provides information with respect to the A ordinary shares that were surrendered or repurchased during the six months ended June 30, 2019: Period (1) Total Number of Shares Purchased Average Price Paid Per Share Total Number of Shares Purchased as Part of Publicly Announced Plan or Program Approximate Dollar Value of Shares that May Yet Be Purchased Under the Plans or Programs January 1-31, 2019 7,945 (2) $ 36.23 — — February 1-28, 2019 19,083 (2) $ 34.59 — — Total 27,028 $ 35.07 — (1) Based on settlement date. (2) Surrendered by employees as payment of taxes withheld on the vesting of restricted stock. The following table provides information with respect to the A ordinary shares that were surrendered or repurchased during the six months ended June 30, 2018: Period (1) Total Number of Shares Purchased Average Price Paid Per Share Total Number of Shares Purchased as Part of Publicly Announced Plan or Program Approximate Dollar Value of Shares that May Yet Be Purchased Under the Plans or Programs January 1-31, 2018 26,639 (2) $ 42.02 — — March 1-31, 2018 18,594 (2) $ 37.27 — — Total 45,233 $ 40.07 — (1) Based on settlement date. (2) Surrendered by employees as payment of taxes withheld on the vesting of restricted stock.
Schedule of Dividend Payments	Dividend payments of $0.25 per ordinary share per quarter were paid as follows for the six months ended June 30, 2019: Approval Date Record Date Payment Date Total Dividends Paid ($ in thousands) February 10, 2019 March 22, 2019 March 29, 2019 $ 3,521 June 2, 2019 June 21, 2019 June 28, 2019 3,525 Various (1) Various Various 79 Total $ 7,125 (1) Represents dividends paid upon vesting of shares. Dividend payments of $0.25 per ordinary share per quarter were paid as follows for the six months ended June 30, 2018: Approval Date Record Date Payment Date Total Dividends Paid ($ in thousands) March 4, 2018 March 21, 2018 March 29, 2018 $ 3,499 June 3, 2018 June 22, 2018 June 29, 2018 3,502 Total $ 7,001

Earnings Per Share (Tables)

Earnings Per Share (Tables)	6 Months Ended
	Jun. 30, 2019
Earnings Per Share [Abstract]
Computation of Basic and Diluted Earnings Per Share	The following table sets forth the computation of basic and diluted earnings per share: Quarters Ended June 30, Six Months Ended June 30, (Dollars in thousands, except share and per share data) 2019 2018 2019 2018 Net income $ 14,663 $ 7,192 $ 34,263 $ 12,893 Basic earnings per share: Weighted average shares outstanding – basic 14,187,276 14,092,397 14,170,689 14,073,813 Net income per share $ 1.03 $ 0.51 $ 2.42 $ 0.92 Diluted earnings per share: Weighted average shares outstanding – diluted 14,331,286 14,334,600 14,324,614 14,308,264 Net income per share $ 1.02 $ 0.50 $ 2.39 $ 0.90
Reconciliation of Weighted Average Shares for Basic and Diluted Earnings Per Share	A reconciliation of weighted average shares for basic earnings per share to weighted average shares for diluted earnings per share is as follows: Quarters Ended June 30, Six Months Ended June 30, 2019 2018 2019 2018 Weighted average shares for basic earnings per share 14,187,276 14,092,397 14,170,689 14,073,813 Non-vested restricted stock 21,293 76,775 17,783 70,244 Non-vested restricted stock units 117 - 949 - Options 122,600 165,428 135,193 164,207 Weighted average shares for diluted earnings per share 14,331,286 14,334,600 14,324,614 14,308,264

Segment Information (Tables)

Segment Information (Tables)	6 Months Ended
	Jun. 30, 2019
Segment Reporting [Abstract]
Summary of Business Segment Information	The following are tabulations of business segment information for the quarters and six months ended June 30, 2019 and 2018: Quarter Ended June 30, 2019 (Dollars in thousands) Commercial Specialty (1) Specialty Property (1) Farm, Ranch, & Stable (1) Reinsurance Operations (2) Total Revenues: Gross premiums written $ 77,079 $ 46,486 (4) $ 23,697 $ 32,059 $ 179,321 Net premiums written $ 67,107 $ 39,828 $ 20,075 $ 32,059 $ 159,069 Net premiums earned $ 56,705 $ 35,567 $ 17,350 $ 18,579 $ 128,201 Other income — 498 32 (8 ) 522 Total revenues 56,705 36,065 17,382 18,571 128,723 Losses and Expenses: Net losses and loss adjustment expenses 32,691 11,111 13,126 13,147 70,075 Acquisition costs and other underwriting expenses 22,890 14,939 7,345 5,360 50,534 Income (loss) from segments $ 1,124 $ 10,015 $ (3,089 ) $ 64 $ 8,114 Unallocated Items: Net investment income 13,826 Net realized investment gain 3,590 Corporate and other operating expenses (4,639 ) Interest expense (5,042 ) Income before income taxes 15,849 Income tax expense (1,186 ) Net income 14,663 Total assets $ 869,221 $ 319,220 $ 171,887 $ 655,144 (3) $ 2,015,472 (1) Includes business ceded to the Company’s Reinsurance Operations. This quota share agreement was cancelled effective January 1, 2018. (2) External business only, excluding business assumed from affiliates. (3) Comprised of Global Indemnity Reinsurance’s total assets less its investment in subsidiaries. (4) Includes ($39) of business written by American Reliable that was ceded to insurance companies owned by Assurant under a 100% quota share reinsurance agreement. Quarter Ended June 30, 2018 (Dollars in thousands) Commercial Specialty (1) Specialty Property (1) Farm, Ranch, & Stable (1) Reinsurance Operations (2) Total Revenues: Gross premiums written $ 69,973 $ 47,030 (7) $ 21,515 $ 20,299 $ 158,817 Net premiums written $ 61,350 $ 36,509 $ 18,298 $ 20,297 $ 136,454 Net premiums earned $ 52,252 $ 33,409 $ 16,471 $ 11,785 $ 113,917 Other income — 440 32 (148 ) 324 Total revenues 52,252 33,849 16,503 11,637 114,241 Losses and Expenses: Net losses and loss adjustment expenses 25,095 17,903 12,106 3,757 58,861 Acquisition costs and other underwriting expenses 21,051 (3) 14,813 (4) 7,414 (5) 4,235 47,513 Income (loss) from segments $ 6,106 $ 1,133 $ (3,017 ) $ 3,645 $ 7,867 Unallocated Items: Net investment income 10,954 Net realized investment losses 2,830 Corporate and other operating expenses (10,918 ) Interest expense (4,940 ) Income before income taxes 5,793 Income tax benefit 1,399 Net income 7,192 Total assets $ 896,698 $ 340,478 $ 183,335 $ 561,308 (6) $ 1,981,819 (1) Includes business ceded to the Company’s Reinsurance Operations. This quota share agreement was cancelled effective January 1, 2018. (2) External business only, excluding business assumed from affiliates. (3) Includes federal excise tax of $116 relating to cessions from Commercial Specialty to Reinsurance Operations. (4) Includes federal excise tax of $93 relating to cessions from Specialty Property to Reinsurance Operations. (5) Includes federal excise tax of $44 relating to cessions from Farm, Ranch, & Stable to Reinsurance Operations. (6) Comprised of Global Indemnity Reinsurance’s total assets less its investment in subsidiaries. (7) Includes ($989) of business written by American Reliable that was ceded to insurance companies owned by Assurant under a 100% quota share reinsurance agreement. Six Months Ended June 30, 2019 (Dollars in thousands) Commercial Specialty (1) Specialty Property (1) Farm, Ranch, & Stable (1) Reinsurance Operations (2) Total Revenues: Gross premiums written $ 141,292 $ 86,160 (4) $ 44,462 $ 49,608 $ 321,522 Net premiums written $ 122,277 $ 73,040 $ 37,567 $ 49,601 $ 282,485 Net premiums earned $ 112,346 $ 70,186 $ 34,472 $ 33,286 $ 250,290 Other income (loss) — 941 62 7 1,010 Total revenues 112,346 71,127 34,534 33,293 251,300 Losses and Expenses: Net losses and loss adjustment expenses 54,342 31,614 21,264 21,176 128,396 Acquisition costs and other underwriting expenses 45,702 29,592 14,627 10,356 100,277 Income (loss) from segments $ 12,302 $ 9,921 $ (1,357 ) $ 1,761 $ 22,627 Unallocated Items: Net investment income 21,045 Net realized investment gain 13,980 Corporate and other operating expenses (7,844 ) Interest expense (10,065 ) Income before income taxes 39,743 Income tax benefit (5,480 ) Net income 34,263 Total assets $ 869,221 $ 319,220 $ 171,887 $ 655,144 (3) $ 2,015,472 (1) Includes business ceded to the Company’s Reinsurance Operations. This quota share agreement was cancelled effective January 1, 2018. (2) External business only, excluding business assumed from affiliates. (3) Comprised of Global Indemnity Reinsurance’s total assets less its investment in subsidiaries. (4) Includes ($177) of business written by American Reliable that was ceded to insurance companies owned by Assurant under a 100% quota share reinsurance agreement. Six Months Ended June 30, 2018 (Dollars in thousands) Commercial Specialty (1) Specialty Property (1) Farm, Ranch, & Stable (1) Reinsurance Operations (2) Total Revenues: Gross premiums written $ 123,746 $ 88,374 (7) $ 40,336 $ 30,608 $ 283,064 Net premiums written $ 109,656 $ 69,519 $ 34,543 $ 30,606 $ 244,324 Net premiums earned $ 99,614 $ 67,396 $ 33,096 $ 21,813 $ 221,919 Other income — 886 89 (97 ) 878 Total revenues 99,614 68,282 33,185 21,716 222,797 Losses and Expenses: Net losses and loss adjustment expenses 50,124 39,089 18,541 7,179 114,933 Acquisition costs and other underwriting expenses 40,256 (3) 29,767 (4) 14,639 (5) 7,854 92,516 Income (loss) from segments $ 9,234 $ (574 ) $ 5 $ 6,683 $ 15,348 Unallocated Items: Net investment income 22,358 Net realized investment losses 2,514 Corporate and other operating expenses (20,178 ) Interest expense (9,801 ) Income before income taxes 10,241 Income tax benefit 2,652 Net income 12,893 Total assets $ 896,698 $ 340,478 $ 183,335 $ 561,308 (6) $ 1,981,819 (1) Includes business ceded to the Company’s Reinsurance Operations. This quota share agreement was cancelled effective January 1, 2018. (2) External business only, excluding business assumed from affiliates. (3) Includes federal excise tax of $290 relating to cessions from Commercial Specialty to Reinsurance Operations. (4) Includes federal excise tax of $234 relating to cessions from Specialty Property to Reinsurance Operations. (5) Includes federal excise tax of $109 relating to cessions from Farm, Ranch, & Stable to Reinsurance Operations. (6) Comprised of Global Indemnity Reinsurance’s total assets less its investment in subsidiaries. (7) Includes ($1,856) of business written by American Reliable that was ceded to insurance companies owned by Assurant under a 100% quota share reinsurance agreement.

Condensed Consolidating Finan_2

Condensed Consolidating Financial Information Provided in Connection with Outstanding Debt of Subsidiaries (Tables)	6 Months Ended
	Jun. 30, 2019
Organization Consolidation And Presentation Of Financial Statements [Abstract]
Schedule of Condensed Consolidating Balance Sheets	Condensed Consolidating Balance Sheets at June 30, 2019 (Dollars in thousands) Global Indemnity Limited (Parent co- obligor) Global Indemnity Group, Inc. (Subsidiary co-obligor) Other Global Indemnity Limited Subsidiaries and Eliminations (non-co-obligor subsidiaries) (1) Consolidating Adjustments (2) Global Indemnity Limited Consolidated ASSETS Total investments $ 51,114 $ 262,387 $ 1,196,276 $ - $ 1,509,777 Cash and cash equivalents 132 353 55,730 - 56,215 Investments in subsidiaries 1,178,510 329,022 15,022 (1,522,554 ) — Due from subsidiaries and affiliates (256 ) (5,204 ) 5,460 - — Notes receivable – affiliate — 80,049 847,808 (927,857 ) — Interest receivable – affiliate — 4,445 17,258 (21,703 ) — Premiums receivable, net — — 120,649 — 120,649 Reinsurance receivables, net — — 66,398 — 66,398 Funds held by ceding insurers — — 41,588 — 41,588 Federal income taxes receivable — 13,621 (2,487 ) — 11,134 Deferred federal income taxes — 38,848 (1,423 ) — 37,425 Deferred acquisition costs — — 69,047 — 69,047 Intangible assets — — 21,755 — 21,755 Goodwill — — 6,521 — 6,521 Prepaid reinsurance premiums — — 19,244 — 19,244 Receivable for securities sold — — - — — Other assets 7,731 10,778 44,331 (7,121 ) 55,719 Total assets $ 1,237,231 $ 734,299 $ 2,523,177 $ (2,479,235 ) $ 2,015,472 LIABILITIES AND SHAREHOLDERS’ EQUITY Liabilities: Unpaid losses and loss adjustment expenses $ - $ — $ 608,773 $ — $ 608,773 Unearned premiums - — 312,758 — 312,758 Ceded balances payable - — 17,459 — 17,459 Payable for securities purchased - 423 9,426 — 9,849 Contingent commissions - — 8,103 — 8,103 Debt - 299,227 — (7,121 ) 292,106 Notes payable – affiliates 520,498 402,310 5,049 (927,857 ) — Accrued interest payable – affiliates 19,918 — 1,785 (21,703 ) — Other liabilities 2,303 17,317 52,292 — 71,912 Total liabilities 542,719 719,277 1,015,645 (956,681 ) 1,320,960 Shareholders’ equity Total shareholders’ equity 694,512 15,022 1,507,532 (1,522,554 ) 694,512 Total liabilities and shareholders’ equity $ 1,237,231 $ 734,299 $ 2,523,177 $ (2,479,235 ) $ 2,015,472 (1) Includes all other subsidiaries of Global Indemnity Limited and eliminations (2) Includes Parent co-obligor and subsidiary co-obligor consolidating adjustments Condensed Consolidating Balance Sheets at December 31, 2018 (Dollars in thousands) Global Indemnity Limited (Parent co-obligor) Global Indemnity Group, Inc. (Subsidiary co-obligor) Other Global Indemnity Limited Subsidiaries and Eliminations (non-co-obligor subsidiaries) (1) Consolidating Adjustments (2) Global Indemnity Limited Consolidated ASSETS Total investments $ 55,377 $ 233,479 $ 1,121,799 $ — $ 1,410,655 Cash and cash equivalents 2,221 26,039 71,237 — 99,497 Investments in subsidiaries 1,105,032 296,357 (19,922 ) (1,381,467 ) — Due from subsidiaries and affiliates 584 (2,133 ) 1,549 — — Notes receivable – affiliate — 80,049 847,808 (927,857 ) — Interest receivable – affiliate — 3,869 17,425 (21,294 ) — Premiums receivable, net — — 87,679 — 87,679 Reinsurance receivables, net — — 114,418 — 114,418 Funds held by ceding insurers — — 49,206 — 49,206 Federal income taxes receivable — 4,631 6,235 — 10,866 Deferred federal income taxes — 44,481 4,108 — 48,589 Deferred acquisition costs — — 61,676 — 61,676 Intangible assets — — 22,020 — 22,020 Goodwill — — 6,521 — 6,521 Prepaid reinsurance premiums — — 20,594 — 20,594 Receivable for securities sold — — 15 — 15 Other assets 8,461 5,085 22,237 (7,253 ) 28,530 Total assets $ 1,171,675 $ 691,857 $ 2,434,605 $ (2,337,871 ) $ 1,960,266 LIABILITIES AND SHAREHOLDERS’ EQUITY Liabilities: Unpaid losses and loss adjustment expenses $ — $ — $ 680,031 $ — $ 680,031 Unearned premiums — — 281,912 — 281,912 Ceded balances payable — — 14,994 — 14,994 Contingent commissions — — 10,636 — 10,636 Debt — 295,818 — (7,253 ) 288,565 Notes payable – affiliates 520,498 402,310 5,049 (927,857 ) — Accrued interest payable – affiliates 19,499 — 1,795 (21,294 ) — Other liabilities 2,619 13,651 38,799 — 55,069 Total liabilities 542,616 711,779 1,033,216 (956,404 ) 1,331,207 Shareholders’ equity Total shareholders’ equity 629,059 (19,922 ) 1,401,389 (1,381,467 ) 629,059 Total liabilities and shareholders’ equity $ 1,171,675 $ 691,857 $ 2,434,605 $ (2,337,871 ) $ 1,960,266 (1) Includes all other subsidiaries of Global Indemnity Limited and eliminations (2) Includes Parent co-obligor and subsidiary co-obligor consolidating adjustments
Schedule of Condensed Consolidating Statements of Operations	Condensed Consolidating Statements of Operations for the Quarter Ended June 30, 2019 (Dollars in thousands) Global Indemnity Limited (Parent co-obligor) Global Indemnity Group, Inc. (Subsidiary co-obligor) Other Global Indemnity Limited Subsidiaries and Eliminations (non-co-obligor subsidiaries) (1) Consolidating Adjustments (2) Global Indemnity Limited Consolidated Revenues: Net premiums earned $ — $ — $ 128,201 $ — $ 128,201 Net investment income 729 5,020 8,366 (289 ) 13,826 Net realized investment gains (losses) 406 (582 ) 3,766 — 3,590 Other income — 2 520 — 522 Total revenues 1,135 4,440 140,853 (289 ) 146,139 Losses and Expenses: Net losses and loss adjustment expenses — — 70,075 — 70,075 Acquisition costs and other underwriting expenses — — 50,534 — 50,534 Corporate and other operating expenses 1,657 2,681 301 — 4,639 Interest expense 277 4,961 93 (289 ) 5,042 Income (loss) before equity in net income of subsidiaries and income taxes (799 ) (3,202 ) 19,850 — 15,849 Equity in net income of subsidiaries 15,462 7,005 5,306 (27,773 ) — Income before income taxes 14,663 3,803 25,156 (27,773 ) 15,849 Income tax expense (benefit) — (1,503 ) 2,689 — 1,186 Net income $ 14,663 $ 5,306 $ 22,467 $ (27,773 ) $ 14,663 (1) Includes all other subsidiaries of Global Indemnity Limited and eliminations (2) Includes Parent co-obligor and subsidiary co-obligor consolidating adjustments Condensed Consolidating Statements of Operations for the Quarter Ended June 30, 2018 (Dollars in thousands) Global Indemnity Limited (Parent co-obligor) Global Indemnity Group, Inc. (Subsidiary co-obligor) Other Global Indemnity Limited Subsidiaries and Eliminations (non-co-obligor subsidiaries) (1) Consolidating Adjustments (2) Global Indemnity Limited Consolidated Revenues: Net premiums earned $ — $ — $ 113,917 $ — $ 113,917 Net investment income 205 2,711 20,316 (12,278 ) 10,954 Net realized investment gains (losses) (20 ) 3,066 (216 ) - 2,830 Other income - 14 310 - 324 Total revenues 185 5,791 134,327 (12,278 ) 128,025 Losses and Expenses: Net losses and loss adjustment expenses - - 58,861 - 58,861 Acquisition costs and other underwriting expenses - - 47,513 - 47,513 Corporate and other operating expenses 4,719 5,927 272 - 10,918 Interest expense 5,379 11,718 121 (12,278 ) 4,940 Income (loss) before equity in net income (loss) of subsidiaries and income taxes (9,913 ) (11,854 ) 27,560 - 5,793 Equity in net income (loss) of subsidiaries 17,105 3,108 (6,428 ) (13,785 ) — Income (loss) before income taxes 7,192 (8,746 ) 21,132 (13,785 ) 5,793 Income tax expense (benefit) - (2,312 ) 913 — (1,399 ) Net Income (loss) $ 7,192 $ (6,434 ) $ 20,219 $ (13,785 ) $ 7,192 (1) Includes all other subsidiaries of Global Indemnity Limited and eliminations (2) Includes Parent co-obligor and subsidiary co-obligor consolidating adjustments Condensed Consolidating Statements of Operations for the Six Months Ended June 30, 2019 (Dollars in thousands) Global Indemnity Limited (Parent co-obligor) Global Indemnity Group, Inc. (Subsidiary co-obligor) Other Global Indemnity Limited Subsidiaries and Eliminations (non-co-obligor subsidiaries) (1) Consolidating Adjustments (2) Global Indemnity Limited Consolidated Revenues: Net premiums earned $ — $ — $ 250,290 $ — $ 250,290 Net investment income 1,371 2,945 17,305 (576 ) 21,045 Net realized investment gains 399 11,494 2,087 — 13,980 Other income — 30 980 — 1,010 Total revenues 1,770 14,469 270,662 (576 ) 286,325 Losses and Expenses: Net losses and loss adjustment expenses — — 128,396 — 128,396 Acquisition costs and other underwriting expenses — — 100,277 — 100,277 Corporate and other operating expenses 2,986 4,247 611 — 7,844 Interest expense 551 9,918 172 (576 ) 10,065 Income (loss) before equity in net income of subsidiaries and income taxes (1,767 ) 304 41,206 — 39,743 Equity in net income of subsidiaries 36,030 14,898 15,365 (66,293 ) — Income before income taxes 34,263 15,202 56,571 (66,293 ) 39,743 Income tax expense (benefit) — (163 ) 5,643 — 5,480 Net income $ 34,263 $ 15,365 $ 50,928 $ (66,293 ) $ 34,263 (1) Includes all other subsidiaries of Global Indemnity Limited and eliminations (2) Includes Parent co-obligor and subsidiary co-obligor consolidating adjustments Condensed Consolidating Statements of Operations for the Six Months Ended June 30, 2018 (Dollars in thousands) Global Indemnity Limited (Parent co-obligor) Global Indemnity Group, Inc. (Subsidiary co-obligor) Other Global Indemnity Limited Subsidiaries and Eliminations (non-co-obligor subsidiaries) (1) Consolidating Adjustments (2) Global Indemnity Limited Consolidated Revenues: Net premiums earned $ — $ — $ 221,919 $ — $ 221,919 Net investment income 337 5,912 39,940 (23,831 ) 22,358 Net realized investment gains (losses) (20 ) 2,846 (312 ) — 2,514 Other income — 12 866 — 878 Total revenues 317 8,770 262,413 (23,831 ) 247,669 Losses and Expenses: Net losses and loss adjustment expenses — — 114,933 — 114,933 Acquisition costs and other underwriting expenses — — 92,516 — 92,516 Corporate and other operating expenses 8,977 10,645 556 — 20,178 Interest expense 10,698 22,738 196 (23,831 ) 9,801 Income (loss) before equity in net income (loss) of subsidiaries and income taxes (19,358 ) (24,613 ) 54,212 — 10,241 Equity in net income (loss) of subsidiaries 32,251 10,765 (12,901 ) (30,115 ) — Income (loss) before income taxes 12,893 (13,848 ) 41,311 (30,115 ) 10,241 Income tax benefit — (947 ) (1,818 ) 113 (2,652 ) Net income (loss) $ 12,893 $ (12,901 ) $ 43,129 $ (30,228 ) $ 12,893 (1) Includes all other subsidiaries of Global Indemnity Limited and eliminations (2) Includes Parent co-obligor and subsidiary co-obligor consolidating adjustments
Schedule of Condensed Consolidating Statements of Comprehensive Income	Condensed Consolidating Statements of Comprehensive Income for the Quarter Ended June 30, 2019 (Dollars in thousands) Global Indemnity Limited (Parent co-obligor) Global Indemnity Group, Inc. (Subsidiary co-obligor) Other Global Indemnity Limited Subsidiaries and Eliminations (non-co-obligor subsidiaries) (1) Consolidating Adjustments (2) Global Indemnity Limited Consolidated Net income $ 14,663 $ 5,306 $ 22,467 $ (27,773 ) $ 14,663 Other comprehensive income, net of tax: Unrealized holding gains (losses) 221 (480 ) 18,936 - 18,677 Equity in other comprehensive income of unconsolidated subsidiaries 15,220 9,165 8,526 (32,911 ) — Portion of other-than-temporary impairment losses recognized in other comprehensive income — — (1 ) — (1 ) Reclassification adjustment for gains included in net income (568 ) (159 ) (3,013 ) - (3,740 ) Unrealized foreign currency translation gains — — (63 ) — (63 ) Other comprehensive income, net of tax 14,873 8,526 24,385 (32,911 ) 14,873 Comprehensive income, net of tax $ 29,536 $ 13,832 $ 46,852 $ (60,684 ) $ 29,536 (1) Includes all other subsidiaries of Global Indemnity Limited and eliminations (2) Includes Parent co-obligor and subsidiary co-obligor consolidating adjustments Condensed Consolidating Statements of Comprehensive Income for the Quarter Ended June 30, 2018 (Dollars in thousands) Global Indemnity Limited (Parent co-obligor) Global Indemnity Group, Inc. (Subsidiary co-obligor) Other Global Indemnity Limited Subsidiaries and Eliminations (non-co-obligor subsidiaries) (1) Consolidating Adjustments (2) Global Indemnity Limited Consolidated Net income (loss) $ 7,192 $ (6,434 ) $ 20,219 $ (13,785 ) $ 7,192 Other comprehensive loss, net of tax: Unrealized holding losses (23 ) (475 ) (5,322 ) — (5,820 ) Equity in other comprehensive loss of unconsolidated subsidiaries (5,941 ) (2,517 ) (2,600 ) 11,058 — Portion of other-than-temporary impairment losses recognized in other comprehensive loss — — (7 ) — (7 ) Reclassification adjustment for (gains) losses included in net income (loss) 20 392 199 — 611 Unrealized foreign currency translation losses — — (728 ) — (728 ) Other comprehensive loss, net of tax (5,944 ) (2,600 ) (8,458 ) 11,058 (5,944 ) Comprehensive income (loss), net of tax $ 1,248 $ (9,034 ) $ 11,761 $ (2,727 ) $ 1,248 (1) Includes all other subsidiaries of Global Indemnity Limited and eliminations (2) Includes Parent co-obligor and subsidiary co-obligor consolidating adjustments Condensed Consolidating Statements of Comprehensive Income for the Six Months Ended June 30, 2019 (Dollars in thousands) Global Indemnity Limited (Parent co-obligor) Global Indemnity Group, Inc. (Subsidiary co-obligor) Other Global Indemnity Limited Subsidiaries and Eliminations (non-co-obligor subsidiaries) (1) Consolidating Adjustments (2) Global Indemnity Limited Consolidated Net income $ 34,263 $ 15,365 $ 50,928 $ (66,293 ) $ 34,263 Other comprehensive income, net of tax: — — — — Unrealized holding gains 880 1,567 37,015 — 39,462 Equity in other comprehensive income (loss) of unconsolidated subsidiaries 37,454 19,490 21,300 (78,244 ) — Portion of other-than-temporary impairment losses recognized in other comprehensive income — — (2 ) — (2 ) Reclassification adjustment for (gains) losses included in net income (561 ) 243 (1,500 ) — (1,818 ) Unrealized foreign currency translation gains — — 131 — 131 Other comprehensive income, net of tax 37,773 21,300 56,944 (78,244 ) 37,773 Comprehensive income, net of tax $ 72,036 $ 36,665 $ 107,872 $ (144,537 ) $ 72,036 (1) Includes all other subsidiaries of Global Indemnity Limited and eliminations (2) Includes Parent co-obligor and subsidiary co-obligor consolidating adjustments Condensed Consolidating Statements of Comprehensive Income for the Six Months Ended June 30, 2018 (Dollars in thousands) Global Indemnity Limited (Parent co-obligor) Global Indemnity Group, Inc. (Subsidiary co-obligor) Other Global Indemnity Limited Subsidiaries and Eliminations (non-co-obligor subsidiaries) (1) Consolidating Adjustments (2) Global Indemnity Limited Consolidated Net income (loss) $ 12,893 $ (12,901 ) $ 43,129 $ (30,228 ) $ 12,893 Other comprehensive loss, net of tax: Unrealized holding losses (147 ) (2,085 ) (18,776 ) — (21,008 ) Equity in other comprehensive loss of unconsolidated subsidiaries (21,303 ) (9,030 ) (10,726 ) 41,059 — Portion of other-than-temporary impairment losses recognized in other comprehensive losses — — (8 ) — (8 ) Reclassification adjustment for losses included in net income (loss) 20 389 277 — 686 Unrealized foreign currency translation gains — — (1,100 ) — (1,100 ) Other comprehensive loss, net of tax (21,430 ) (10,726 ) (30,333 ) 41,059 (21,430 ) Comprehensive income (loss), net of tax $ (8,537 ) $ (23,627 ) $ 12,796 $ 10,831 $ (8,537 ) (1) Includes all other subsidiaries of Global Indemnity Limited and eliminations (2) Includes Parent co-obligor and subsidiary co-obligor consolidating adjustments
Schedule of Condensed Consolidating Statements of Cash Flows	Condensed Consolidating Statements of Cash Flows at June 30, 2019 (Dollars in thousands) Global Indemnity Limited (Parent co-obligor) Global Indemnity Group, Inc. (Subsidiary co-obligor) Other Global Indemnity Limited Subsidiaries and Eliminations (non-co-obligor subsidiaries) (1) Global Indemnity Limited Consolidated Cash flows from operating activities: Net cash provided by (used for) operating activities $ 1,521 $ (14,207 ) $ 9,551 $ (3,135 ) Cash flows from investing activities: Proceeds from sale of fixed maturities 48,393 101,584 419,552 569,529 Proceeds from sale of equity securities 3,600 163,428 — 167,028 Proceeds from maturity of fixed maturities — — 95,994 95,994 Proceeds from other invested assets 2,349 — — 2,349 Amounts paid in connection with derivatives — (8,022 ) — (8,022 ) Purchases of fixed maturities (10,548 ) (22,726 ) (540,604 ) (573,878 ) Purchases of equity securities (39,332 ) (245,652 ) — (284,984 ) Purchases of other invested assets — (3,500 ) — (3,500 ) Net cash provided by (used for) investing activities 4,462 (14,888 ) (25,058 ) (35,484 ) Cash flows from financing activities: Net borrowings under margin borrowing facility — 3,409 — 3,409 Dividends paid to shareholders (7,125 ) — — (7,125 ) Purchase of A ordinary shares (947 ) — — (947 ) Net cash provided by (used for) financing activities (8,072 ) 3,409 — (4,663 ) Net change in cash and cash equivalents (2,089 ) (25,686 ) (15,507 ) (43,282 ) Cash and cash equivalents at beginning of period 2,221 26,039 71,237 99,497 Cash and cash equivalents at end of period $ 132 $ 353 $ 55,730 $ 56,215 (1) Includes all other subsidiaries of Global Indemnity Limited and eliminations Condensed Consolidating Statements of Cash Flows at June 30, 2018 (Dollars in thousands) Global Indemnity Limited (Parent co-obligor) Global Indemnity Group, Inc. (Subsidiary co-obligor) Other Global Indemnity Limited Subsidiaries and Eliminations (non-co-obligor subsidiaries) (1) Global Indemnity Limited Consolidated Cash flows from operating activities: Net cash provided by (used for) operating activities $ (16,120 ) $ 9,869 $ 65,211 $ 58,960 Cash flows from investing activities: Proceeds from sale of fixed maturities 15,284 24,077 75,095 114,456 Proceeds from sale of equity securities — 17,461 — 17,461 Proceeds from maturity of fixed maturities 5,431 7,600 20,010 33,041 Proceeds from other invested assets — (1,322 ) 6,193 4,871 Amounts received in connection with derivatives — 6,602 — 6,602 Purchases of fixed maturities (25,485 ) (31,659 ) (157,793 ) (214,937 ) Purchases of equity securities — (17,330 ) — (17,330 ) Purchases of other invested assets — (10,550 ) — (10,550 ) Acquisition of business — (3,515 ) — (3,515 ) Net cash provided by (used for) investing activities (4,770 ) (8,636 ) (56,495 ) (69,901 ) Cash flows from financing activities: Net repayments under margin borrowing facility — (7,521 ) — (7,521 ) Proceeds / (issuance) of notes to affiliates 230,000 (230,000 ) — — Debt restructuring (230,000 ) 230,000 — — Dividends paid to shareholders (7,001 ) — — (7,001 ) Dividends from subsidiaries 20,000 — (20,000 ) — Purchase of A ordinary shares (1,813 ) — — (1,813 ) Net cash provided by (used for) financing activities 11,186 (7,521 ) (20,000 ) (16,335 ) Net change in cash and cash equivalents (9,704 ) (6,288 ) (11,284 ) (27,276 ) Cash and cash equivalents at beginning of period 11,089 7,749 55,576 74,414 Cash and cash equivalents at end of period $ 1,385 $ 1,461 $ 44,292 $ 47,138 (1) Includes all other subsidiaries of Global Indemnity Limited and eliminations

Principles of Consolidation a_3

Principles of Consolidation and Basis of Presentation - Additional Information (Detail)	3 Months Ended	6 Months Ended
	Mar. 31, 2019Segment	Jun. 30, 2019SegmentProduct
Organization And Basis Of Presentation [Line Items]
Date of incorporation		Feb. 9, 2016
State of incorporation		Cayman Islands
Kind of listing		A ordinary shares
Number of business segments		4
Commercial Specialty
Organization And Basis Of Presentation [Line Items]
Number of product classifications | Product		4
Specialty Property and Farm, Ranch, & Stable
Organization And Basis Of Presentation [Line Items]
Number of business segments	2

Schedule of Amortized Cost and

Schedule of Amortized Cost and Estimated Fair Value of Investments (Detail) - USD ($) $ in Thousands		Jun. 30, 2019	Dec. 31, 2018
Debt Securities, Available-for-sale [Line Items]
Fixed maturities, Amortized Cost		$ 1,175,646	$ 1,257,830
Fixed maturities, Gross Unrealized Gains		21,978	1,848
Fixed maturities, Gross Unrealized losses		(1,348)	(24,523)
Fixed maturities, Estimated Fair Value		1,196,276	1,235,155
Other than temporary impairments recognized in AOCI	[1]	0	0
Equity Securities, Amortized Cost		262,029	124,747
Equity Securities, Gross Unrealized Gains		0	0
Equity Securities, Gross Unrealized losses		0	0
Equity Securities, Estimated Fair Value		262,029	124,747
Other invested assets, Amortized Cost		51,472	50,753
Other invested assets, Gross Unrealized Gains		0	0
Other invested assets, Gross Unrealized losses		0	0
Other invested assets, Estimated Fair Value		51,472	50,753
Total, Amortized Cost		1,489,147	1,433,330
Total, Gross Unrealized Gains		21,978	1,848
Total, Gross Unrealized Losses		(1,348)	(24,523)
Total, Estimated Fair Value		1,509,777	1,410,655
U.S. Treasury and Agency Obligations
Debt Securities, Available-for-sale [Line Items]
Fixed maturities, Amortized Cost		175,763	79,766
Fixed maturities, Gross Unrealized Gains		4,414	252
Fixed maturities, Gross Unrealized losses		(75)	(1,163)
Fixed maturities, Estimated Fair Value		180,102	78,855
Other than temporary impairments recognized in AOCI	[1]	0	0
Obligations of States and Political Subdivisions
Debt Securities, Available-for-sale [Line Items]
Fixed maturities, Amortized Cost		40,013	95,629
Fixed maturities, Gross Unrealized Gains		890	322
Fixed maturities, Gross Unrealized losses		0	(338)
Fixed maturities, Estimated Fair Value		40,903	95,613
Other than temporary impairments recognized in AOCI	[1]	0	0
Mortgage Backed Securities
Debt Securities, Available-for-sale [Line Items]
Fixed maturities, Amortized Cost		183,430	119,327
Fixed maturities, Gross Unrealized Gains		2,488	313
Fixed maturities, Gross Unrealized losses		(164)	(1,786)
Fixed maturities, Estimated Fair Value		185,754	117,854
Other than temporary impairments recognized in AOCI	[1]	0	0
Asset-backed Securities
Debt Securities, Available-for-sale [Line Items]
Fixed maturities, Amortized Cost		175,979	185,430
Fixed maturities, Gross Unrealized Gains		1,351	336
Fixed maturities, Gross Unrealized losses		(386)	(2,012)
Fixed maturities, Estimated Fair Value		176,944	183,754
Other than temporary impairments recognized in AOCI	[1]	0	0
Commercial Mortgage-Backed Securities
Debt Securities, Available-for-sale [Line Items]
Fixed maturities, Amortized Cost		239,463	206,236
Fixed maturities, Gross Unrealized Gains		4,303	338
Fixed maturities, Gross Unrealized losses		(357)	(3,852)
Fixed maturities, Estimated Fair Value		243,409	202,722
Other than temporary impairments recognized in AOCI	[1]	0	0
Corporate Bonds
Debt Securities, Available-for-sale [Line Items]
Fixed maturities, Amortized Cost		266,706	452,692
Fixed maturities, Gross Unrealized Gains		6,894	243
Fixed maturities, Gross Unrealized losses		(323)	(12,080)
Fixed maturities, Estimated Fair Value		273,277	440,855
Other than temporary impairments recognized in AOCI	[1]	0	0
Foreign Corporate Bonds
Debt Securities, Available-for-sale [Line Items]
Fixed maturities, Amortized Cost		94,292	118,750
Fixed maturities, Gross Unrealized Gains		1,638	44
Fixed maturities, Gross Unrealized losses		(43)	(3,292)
Fixed maturities, Estimated Fair Value		95,887	115,502
Other than temporary impairments recognized in AOCI	[1]	0	$ 0
Common Stock
Debt Securities, Available-for-sale [Line Items]
Equity Securities, Estimated Fair Value		$ 127,200
[1]	Represents the total amount of other than temporary impairment losses relating to factors other than credit losses recognized in accumulated other comprehensive income (“AOCI”).

Investments - Additional Inform

Investments - Additional Information (Detail)	6 Months Ended
	Jun. 30, 2019USD ($)Entity	Dec. 31, 2018USD ($)
Debt Securities, Available-for-sale [Line Items]
Equity securities, at fair value	$ 262,029,000	$ 124,747,000
Investments in a single issuer as a percentage of shareholders' equity	3.00%	3.00%
Fixed maturity securities with market value	$ 0	$ 400,000
Insurance enhanced collateralized mortgage obligations, commercial mortgage-backed, and credit securities	41,400,000
Ratings without insurance	0
Investments in collateralized mortgage obligations, commercial mortgage-backed securities and taxable municipal bonds	$ 40,700,000
Asset backed and taxable municipal bonds as a percentage of total cash and invested assets	2.60%
Variable Interest Entity, Not Primary Beneficiary
Debt Securities, Available-for-sale [Line Items]
Number of VIE's | Entity	2
Ownership interest exceeds respective investments	3.00%
One of the Company's variable interest VIE's, invests in distressed securities and assets
Debt Securities, Available-for-sale [Line Items]
Significant variable interest in fair value of the non-consolidated VIE	$ 15,500,000	17,900,000
Variable interest entities, maximum exposure to loss	29,800,000	32,100,000
Second VIE that invests in distressed securities and assets
Debt Securities, Available-for-sale [Line Items]
Significant variable interest in fair value of the non-consolidated VIE	35,900,000	32,900,000
Variable interest entities, maximum exposure to loss	52,900,000	$ 53,400,000
Municipal Bond Insurance Association
Debt Securities, Available-for-sale [Line Items]
Investments in collateralized mortgage obligations, commercial mortgage-backed securities and taxable municipal bonds	4,500,000
Assured Guaranty Corporation
Debt Securities, Available-for-sale [Line Items]
Investments in collateralized mortgage obligations, commercial mortgage-backed securities and taxable municipal bonds	6,300,000
Pre-Refunded Securities
Debt Securities, Available-for-sale [Line Items]
Investments in insurance enhanced municipal bonds	0
AA Rating
Debt Securities, Available-for-sale [Line Items]
Investments in insurance enhanced municipal bonds	$ 700,000
AA Rating | Maximum
Debt Securities, Available-for-sale [Line Items]
Insurance enhanced municipal bonds as a percentage of total cash and invested assets	0.10%
Mutual Funds, Fixed Maturities
Debt Securities, Available-for-sale [Line Items]
Equity securities, at fair value	$ 70,600,000
Taxable Municipal Bonds
Debt Securities, Available-for-sale [Line Items]
Investments in collateralized mortgage obligations, commercial mortgage-backed securities and taxable municipal bonds	10,800,000
Federal Home Loan Mortgage Corporation
Debt Securities, Available-for-sale [Line Items]
Investments in collateralized mortgage obligations, commercial mortgage-backed securities and taxable municipal bonds	29,800,000
Federal Deposit Insurance Corporation
Debt Securities, Available-for-sale [Line Items]
Investments in collateralized mortgage obligations, commercial mortgage-backed securities and taxable municipal bonds	100,000
Common Stock
Debt Securities, Available-for-sale [Line Items]
Equity securities, at fair value	127,200,000
Mutual Funds, Common Stock
Debt Securities, Available-for-sale [Line Items]
Equity securities, at fair value	64,200,000
U.S. Treasury and Agency Obligations
Debt Securities, Available-for-sale [Line Items]
Gross unrealized losses	75,000
U.S. Treasury and Agency Obligations | AA+ Rating
Debt Securities, Available-for-sale [Line Items]
Gross unrealized losses for 12 months or greater	74,000
Mortgage Backed Securities
Debt Securities, Available-for-sale [Line Items]
Gross unrealized losses	164,000
Mortgage Backed Securities | AA+ Rating
Debt Securities, Available-for-sale [Line Items]
Gross unrealized losses for 12 months or greater	94,000
Asset-backed Securities
Debt Securities, Available-for-sale [Line Items]
Gross unrealized losses	$ 386,000
Weighted average credit enhancement	25.40%
Asset-backed Securities | A Rating
Debt Securities, Available-for-sale [Line Items]
Gross unrealized losses for 12 months or greater	$ 231,000
Percentage of unrealized losses for 12 months or greater	98.70%
Commercial Mortgage-Backed Securities
Debt Securities, Available-for-sale [Line Items]
Gross unrealized losses	$ 357,000
Weighted average credit enhancement	50.40%
Investments in collateralized mortgage obligations, commercial mortgage-backed securities and taxable municipal bonds	$ 29,800,000
Commercial Mortgage-Backed Securities | AA+ Rating
Debt Securities, Available-for-sale [Line Items]
Gross unrealized losses for 12 months or greater	311,000
Foreign Corporate Bonds
Debt Securities, Available-for-sale [Line Items]
Gross unrealized losses	43,000
Foreign Corporate Bonds | A- Rating
Debt Securities, Available-for-sale [Line Items]
Gross unrealized losses for 12 months or greater	40,000
Corporate Bonds
Debt Securities, Available-for-sale [Line Items]
Gross unrealized losses	323,000
Corporate Bonds | Investment Grade Rating
Debt Securities, Available-for-sale [Line Items]
Gross unrealized losses for 12 months or greater	322,000
Collateralized Mortgage Obligations
Debt Securities, Available-for-sale [Line Items]
Investments in collateralized mortgage obligations, commercial mortgage-backed securities and taxable municipal bonds	$ 100,000

Summary of Amortized Cost and E

Summary of Amortized Cost and Estimated Fair Value Through Fixed Maturities (Detail) - USD ($) $ in Thousands	Jun. 30, 2019	Dec. 31, 2018
Debt Securities, Available-for-sale [Line Items]
Due in one year or less, Amortized Cost	$ 48,262
Due in one year through five years, Amortized Cost	345,085
Due in five years through ten years, Amortized Cost	121,987
Due in ten years through fifteen years, Amortized Cost	15,388
Due after fifteen years, Amortized Cost	46,052
Fixed maturities, Amortized Cost	1,175,646	$ 1,257,830
Due in one year or less, Estimated Fair value	48,230
Due in one year through five years, Estimated Fair value	350,697
Due in five years through ten years, Estimated Fair value	126,075
Due in ten years through fifteen years, Estimated Fair value	16,136
Due after fifteen years, Estimated Fair value	49,031
Fixed Maturities, estimated fair value	1,196,276	1,235,155
Mortgage Backed Securities
Debt Securities, Available-for-sale [Line Items]
Amortized Cost	183,430
Fixed maturities, Amortized Cost	183,430	119,327
Estimated Fair value	185,754
Fixed Maturities, estimated fair value	185,754	117,854
Asset-backed Securities
Debt Securities, Available-for-sale [Line Items]
Amortized Cost	175,979
Fixed maturities, Amortized Cost	175,979	185,430
Estimated Fair value	176,944
Fixed Maturities, estimated fair value	176,944	183,754
Commercial Mortgage-Backed Securities
Debt Securities, Available-for-sale [Line Items]
Amortized Cost	239,463
Fixed maturities, Amortized Cost	239,463	206,236
Estimated Fair value	243,409
Fixed Maturities, estimated fair value	$ 243,409	$ 202,722

Summary of Securities with Gros

Summary of Securities with Gross Unrealized Losses (Detail) - USD ($) $ in Thousands		Jun. 30, 2019	Dec. 31, 2018
U.S. Treasury and Agency Obligations
Debt Securities, Available-for-sale [Line Items]
Total, Gross Unrealized Losses		$ (75)
Mortgage Backed Securities
Debt Securities, Available-for-sale [Line Items]
Total, Gross Unrealized Losses		(164)
Asset-backed Securities
Debt Securities, Available-for-sale [Line Items]
Total, Gross Unrealized Losses		(386)
Commercial Mortgage-Backed Securities
Debt Securities, Available-for-sale [Line Items]
Total, Gross Unrealized Losses		(357)
Corporate Bonds
Debt Securities, Available-for-sale [Line Items]
Total, Gross Unrealized Losses		(323)
Foreign Corporate Bonds
Debt Securities, Available-for-sale [Line Items]
Total, Gross Unrealized Losses		(43)
Fixed Maturities
Debt Securities, Available-for-sale [Line Items]
Less than 12 months, Fair Value		74,366	$ 542,881
Less than 12 months, Gross Unrealized Losses		(276)	(13,271)
12 months or longer, Fair Value	[1]	150,420	496,811
12 months or longer, Gross Unrealized Losses	[1]	(1,072)	(11,252)
Total, Fair Value		224,786	1,039,692
Total, Gross Unrealized Losses		(1,348)	(24,523)
Fixed Maturities | U.S. Treasury and Agency Obligations
Debt Securities, Available-for-sale [Line Items]
Less than 12 months, Fair Value		452	0
Less than 12 months, Gross Unrealized Losses		(1)	0
12 months or longer, Fair Value	[1]	25,141	67,185
12 months or longer, Gross Unrealized Losses	[1]	(74)	(1,163)
Total, Fair Value		25,593	67,185
Total, Gross Unrealized Losses		(75)	(1,163)
Fixed Maturities | Obligations of States and Political Subdivisions
Debt Securities, Available-for-sale [Line Items]
Less than 12 months, Fair Value			22,802
Less than 12 months, Gross Unrealized Losses			(57)
12 months or longer, Fair Value	[1]		28,179
12 months or longer, Gross Unrealized Losses	[1]		(281)
Total, Fair Value			50,981
Total, Gross Unrealized Losses			(338)
Fixed Maturities | Mortgage Backed Securities
Debt Securities, Available-for-sale [Line Items]
Less than 12 months, Fair Value		24,110	36,858
Less than 12 months, Gross Unrealized Losses		(70)	(408)
12 months or longer, Fair Value	[1]	21,896	60,838
12 months or longer, Gross Unrealized Losses	[1]	(94)	(1,378)
Total, Fair Value		46,006	97,696
Total, Gross Unrealized Losses		(164)	(1,786)
Fixed Maturities | Asset-backed Securities
Debt Securities, Available-for-sale [Line Items]
Less than 12 months, Fair Value		29,989	96,085
Less than 12 months, Gross Unrealized Losses		(155)	(1,342)
12 months or longer, Fair Value	[1]	32,009	50,506
12 months or longer, Gross Unrealized Losses	[1]	(231)	(670)
Total, Fair Value		61,998	146,591
Total, Gross Unrealized Losses		(386)	(2,012)
Fixed Maturities | Commercial Mortgage-Backed Securities
Debt Securities, Available-for-sale [Line Items]
Less than 12 months, Fair Value		18,654	44,596
Less than 12 months, Gross Unrealized Losses		(46)	(878)
12 months or longer, Fair Value	[1]	32,575	127,557
12 months or longer, Gross Unrealized Losses	[1]	(311)	(2,974)
Total, Fair Value		51,229	172,153
Total, Gross Unrealized Losses		(357)	(3,852)
Fixed Maturities | Corporate Bonds
Debt Securities, Available-for-sale [Line Items]
Less than 12 months, Fair Value		15	285,997
Less than 12 months, Gross Unrealized Losses		(1)	(8,791)
12 months or longer, Fair Value	[1]	27,959	115,052
12 months or longer, Gross Unrealized Losses	[1]	(322)	(3,289)
Total, Fair Value		27,974	401,049
Total, Gross Unrealized Losses		(323)	(12,080)
Fixed Maturities | Foreign Corporate Bonds
Debt Securities, Available-for-sale [Line Items]
Less than 12 months, Fair Value		1,146	56,543
Less than 12 months, Gross Unrealized Losses		(3)	(1,795)
12 months or longer, Fair Value	[1]	10,840	47,494
12 months or longer, Gross Unrealized Losses	[1]	(40)	(1,497)
Total, Fair Value		11,986	104,037
Total, Gross Unrealized Losses		$ (43)	$ (3,292)
[1]	Fixed maturities in a gross unrealized loss position for twelve months or longer are primarily comprised of non-credit losses on investment grade 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 Company has analyzed these securities and has determined that they are not other than temporarily impaired.

Schedule of Other Than Temporar

Schedule of Other Than Temporary Impairments on Investments (Detail) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2019	Jun. 30, 2018	Jun. 30, 2019	Jun. 30, 2018
Investments Debt And Equity Securities [Abstract]
OTTI losses, gross	$ 0	$ (371)	$ (1,897)	$ (371)
Portion of loss recognized in other comprehensive income (pre-tax)	0	0	0	0
Net impairment losses on fixed maturities recognized in earnings	$ 0	$ (371)	$ (1,897)	$ (371)

Schedule of Credit Losses Recog

Schedule of Credit Losses Recognized in Earnings (Detail) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2019	Jun. 30, 2018	Jun. 30, 2019	Jun. 30, 2018
Investments Debt And Equity Securities [Abstract]
Balance at beginning of period	$ 13	$ 13	$ 13	$ 13
Additions where no OTTI was previously recorded	0	0	0	0
Additions where an OTTI was previously recorded	0	0	0	0
Reductions for securities for which the company intends to sell or more likely than not will be required to sell before recovery	0	0	0	0
Reductions reflecting increases in expected cash flows to be collected	0	0	0	0
Reductions for securities sold during the period	0	0	0	0
Balance at end of period	$ 13	$ 13	$ 13	$ 13

Schedule of Accumulated Other C

Schedule of Accumulated Other Comprehensive Income, Net of Tax (Detail) - USD ($) $ in Thousands	Jun. 30, 2019	Mar. 31, 2019	Dec. 31, 2018	Jun. 30, 2018	Mar. 31, 2018	Dec. 31, 2017
Investments Debt And Equity Securities [Abstract]
Fixed maturities	$ 20,630		$ (22,675)
Foreign currency fluctuations	(1,203)		(1,334)
Deferred taxes	(2,885)		2,778
Accumulated other comprehensive income, net of tax	$ 16,542	$ 1,669	$ (21,231)	$ (22,475)	$ (16,531)	$ 8,983

Changes in Accumulated Other Co

Changes in Accumulated Other Comprehensive Income (Detail) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2019	Jun. 30, 2018	Jun. 30, 2019	Jun. 30, 2018
Accumulated Other Comprehensive Income (Loss) [Line Items]
Beginning balance, net of tax	$ 1,669	$ (16,531)	$ (21,231)	$ 8,983
Other comprehensive income (loss) before reclassification, before tax	21,223	(7,367)	45,324	(25,083)
Amounts reclassified from accumulated other comprehensive (income) loss, before tax	(4,083)	732	(1,888)	825
Other comprehensive income (loss), before tax	17,140	(6,635)	43,436	(24,258)
Income tax (expense) benefit related to items of OCI	(2,267)	691	(5,663)	2,828
Cumulative effect adjustment, net of tax				(10,028)
Ending balance, net of tax	16,542	(22,475)	16,542	(22,475)
Unrealized Gains and Losses on Available for Sale Securities
Accumulated Other Comprehensive Income (Loss) [Line Items]
Beginning balance, net of tax	2,809	(16,710)	(19,897)	8,272
Other comprehensive income (loss) before reclassification, before tax	21,286	(6,639)	45,193	(23,983)
Amounts reclassified from accumulated other comprehensive (income) loss, before tax	(4,083)	732	(1,888)	825
Other comprehensive income (loss), before tax	17,203	(5,907)	43,305	(23,158)
Income tax (expense) benefit related to items of OCI	(2,267)	691	(5,663)	2,828
Cumulative effect adjustment, net of tax				(9,868)
Ending balance, net of tax	17,745	(21,926)	17,745	(21,926)
Foreign Currency Items
Accumulated Other Comprehensive Income (Loss) [Line Items]
Beginning balance, net of tax	(1,140)	179	(1,334)	711
Other comprehensive income (loss) before reclassification, before tax	(63)	(728)	131	(1,100)
Amounts reclassified from accumulated other comprehensive (income) loss, before tax	0	0	0	0
Other comprehensive income (loss), before tax	(63)	(728)	131	(1,100)
Income tax (expense) benefit related to items of OCI	0	0	0	0
Cumulative effect adjustment, net of tax				(160)
Ending balance, net of tax	$ (1,203)	$ (549)	$ (1,203)	$ (549)

Reclassifications Out of Accumu

Reclassifications Out of Accumulated Other Comprehensive Income (Detail) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2019	Jun. 30, 2018	Jun. 30, 2019	Jun. 30, 2018
Reclassification Adjustment out of Accumulated Other Comprehensive Income [Line Items]
Other net realized investment (gains) losses	$ (3,590)	$ (3,201)	$ (15,877)	$ (2,885)
Total before tax	(15,849)	(5,793)	(39,743)	(10,241)
Income tax expense (benefit)	1,186	(1,399)	5,480	(2,652)
Net loss	(14,663)	(7,192)	(34,263)	(12,893)
Reclassification out of Accumulated Other Comprehensive Income
Reclassification Adjustment out of Accumulated Other Comprehensive Income [Line Items]
Total reclassifications, net of tax	(3,740)	611	(1,818)	686
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	(4,083)	361	(3,785)	454
Other than temporary impairment losses on investments	0	371	1,897	371
Total before tax	(4,083)	732	(1,888)	825
Income tax expense (benefit)	343	(121)	70	(139)
Net loss	(3,740)	611	(1,818)	686
Reclassification out of Accumulated Other Comprehensive Income | Foreign Currency Items
Reclassification Adjustment out of Accumulated Other Comprehensive Income [Line Items]
Other net realized investment (gains) losses	0	0	0	0
Income tax expense (benefit)	0	0	0	0
Net loss	$ 0	$ 0	$ 0	$ 0

Components of Net Realized Inve

Components of Net Realized Investment Gains (Losses) (Detail) - USD ($) $ in Thousands		3 Months Ended		6 Months Ended
		Jun. 30, 2019	Jun. 30, 2018	Jun. 30, 2019	Jun. 30, 2018
Debt Securities, Available-for-sale [Line Items]
Total net realized investment gains		$ 3,590	$ 2,830	$ 13,980	$ 2,514
Equity securities, Gross realized gains		8,570	2,874	25,255	6,327
Equity securities, Gross realized losses		(4,397)	(809)	(5,930)	(8,636)
Equity securities, Total net realized investment gains (losses)		4,173	2,065	19,325	(2,309)
Not Designated as Hedging Instrument | Interest Rate Swap
Debt Securities, Available-for-sale [Line Items]
Gross realized gains		0	1,966	0	6,767
Gross realized losses		(4,666)	(469)	(7,233)	(1,119)
Total net realized investment gains	[1]	(4,666)	1,497	(7,233)	5,648
Fixed Maturities
Debt Securities, Available-for-sale [Line Items]
Gross realized gains		4,685	20	4,711	44
Gross realized losses		(602)	(752)	(2,823)	(869)
Total net realized investment gains		$ 4,083	$ (732)	$ 1,888	$ (825)
[1]	Includes periodic net interest settlements related to the derivatives of $0.2 million and $0.5 million for the quarters ended June 30, 2019 and 2018, respectively, and $0.4 million and $1.2 million for the six months ended June 30, 2019 and 2018, respectively.

Components of Net Realized In_2

Components of Net Realized Investment Gains (Losses) (Parenthetical) (Detail) - USD ($) $ in Millions	3 Months Ended		6 Months Ended
	Jun. 30, 2019	Jun. 30, 2018	Jun. 30, 2019	Jun. 30, 2018
Interest Rate Swap
Debt Securities, Available-for-sale [Line Items]
Net interest settlements	$ 0.2	$ 0.5	$ 0.4	$ 1.2

Summary of Calculation of Reali

Summary of Calculation of Realized Gains and Losses (Detail) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2019	Jun. 30, 2018	Jun. 30, 2019	Jun. 30, 2018
Investments Debt And Equity Securities [Abstract]
Equity securities, Total net realized investment gains (losses)	$ 4,173	$ 2,065	$ 19,325	$ (2,309)
Less: Net gains recognized during the period on equity securities sold during the period	8,416	1,308	10,450	1,862
Unrealized gains and (losses) recognized during the reporting period on equity securities still held at the reporting date	$ (4,243)	$ 757	$ 8,875	$ (4,171)

Schedule of Proceeds From Sales

Schedule of Proceeds From Sales and Redemptions of Available for Sale Securities (Detail) - USD ($) $ in Thousands	6 Months Ended
	Jun. 30, 2019	Jun. 30, 2018
Investments Debt And Equity Securities [Abstract]
Fixed maturities	$ 569,529	$ 114,456
Equity securities	$ 167,028	$ 17,461

Schedule of Investment Income (

Schedule of Investment Income (Detail) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2019	Jun. 30, 2018	Jun. 30, 2019	Jun. 30, 2018
Debt Securities, Available-for-sale [Line Items]
Investment income	$ 14,748	$ 11,698	$ 22,550	$ 23,812
Investment expense	(922)	(744)	(1,505)	(1,454)
Net investment income	13,826	10,954	21,045	22,358
Fixed Maturities
Debt Securities, Available-for-sale [Line Items]
Investment income	8,918	9,188	18,886	17,716
Equity Securities
Debt Securities, Available-for-sale [Line Items]
Investment income	1,543	1,005	2,680	2,004
Cash and Cash Equivalents
Debt Securities, Available-for-sale [Line Items]
Investment income	469	265	870	529
Other Invested Assets
Debt Securities, Available-for-sale [Line Items]
Investment income	$ 3,818	$ 1,240	$ 114	$ 3,563

Schedule of Total Investment Re

Schedule of Total Investment Return (Detail) - USD ($) $ in Thousands		3 Months Ended		6 Months Ended
		Jun. 30, 2019	Jun. 30, 2018	Jun. 30, 2019	Jun. 30, 2018
Investments Debt And Equity Securities [Abstract]
Net investment income		$ 13,826	$ 10,954	$ 21,045	$ 22,358
Net realized investment gains (losses)		3,590	2,830	13,980	2,514
Change in unrealized holding gains and losses		17,140	(6,635)	43,436	(24,258)
Net realized and unrealized investment returns		20,730	(3,805)	57,416	(21,744)
Total investment return		$ 34,556	$ 7,149	$ 78,461	$ 614
Total investment return %	[1]	2.20%	0.50%	5.10%	0.00%
Average investment portfolio	[2]	$ 1,537,280	$ 1,546,801	$ 1,533,155	$ 1,543,593
[1]	Not annualized.
[2]	Average of total cash and invested assets, net of receivable/payable for securities purchased and sold, as of the beginning and end of the period.

Summary of Insurance Enhanced M

Summary of Insurance Enhanced Municipal Bonds Backed by Financial Guarantors (Detail) $ in Thousands	Jun. 30, 2019USD ($)
Pre-Refunded Securities
Debt Securities, Available-for-sale [Line Items]
Investments in insurance enhanced municipal bonds	$ 0
Municipal Bond Insurance Association
Debt Securities, Available-for-sale [Line Items]
Investments in insurance enhanced municipal bonds	678
Municipal Bond Insurance Association | Pre-Refunded Securities
Debt Securities, Available-for-sale [Line Items]
Investments in insurance enhanced municipal bonds	0
Municipal Bond Insurance Association | Government Guaranteed Securities
Debt Securities, Available-for-sale [Line Items]
Investments in insurance enhanced municipal bonds	0
Municipal Bond Insurance Association | Exposure Net Of Pre-refunded & Government Guaranteed Securities
Debt Securities, Available-for-sale [Line Items]
Investments in insurance enhanced municipal bonds	678
Financial Guarantors
Debt Securities, Available-for-sale [Line Items]
Investments in insurance enhanced municipal bonds	678
Financial Guarantors | Pre-Refunded Securities
Debt Securities, Available-for-sale [Line Items]
Investments in insurance enhanced municipal bonds	0
Financial Guarantors | Government Guaranteed Securities
Debt Securities, Available-for-sale [Line Items]
Investments in insurance enhanced municipal bonds	0
Financial Guarantors | Exposure Net Of Pre-refunded & Government Guaranteed Securities
Debt Securities, Available-for-sale [Line Items]
Investments in insurance enhanced municipal bonds	$ 678

Summary of Estimated Fair Value

Summary of Estimated Fair Values of Bonds Held on Deposit (Detail) - USD ($) $ in Thousands		Jun. 30, 2019	Dec. 31, 2018
Debt Securities, Available-for-sale [Line Items]
Estimated Fair Value		$ 412,843	$ 418,831
On Deposit With Governmental Authorities
Debt Securities, Available-for-sale [Line Items]
Estimated Fair Value		26,361	25,855
Intercompany Trusts Held For Benefit Of U.S. Policyholders
Debt Securities, Available-for-sale [Line Items]
Estimated Fair Value		186,674	209,028
Held In Trust Pursuant To Third Party Requirements
Debt Securities, Available-for-sale [Line Items]
Estimated Fair Value		115,528	98,417
Letter Of Credit Held For Third Party Requirements
Debt Securities, Available-for-sale [Line Items]
Estimated Fair Value		1,458	2,317
Securities held as collateral for borrowing arrangements
Debt Securities, Available-for-sale [Line Items]
Estimated Fair Value	[1]	$ 82,822	$ 83,214
[1]	Amount required to collateralize margin borrowing facility.

Summarized Information of Locat

Summarized Information of Location and Gross Amount of Derivatives' Fair Value in Consolidated Balance Sheets (Detail) - Not Designated as Hedging Instrument - Interest Rate Swap - Other Assets Liabilities - USD ($) $ in Thousands	Jun. 30, 2019	Dec. 31, 2018
Derivatives, Fair Value [Line Items]
Notional Amount	$ 200,000	$ 200,000
Fair Value	$ (10,898)	$ (4,062)

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) - Interest Rate Swap - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2019	Jun. 30, 2018	Jun. 30, 2019	Jun. 30, 2018
Derivative Instruments, Gain (Loss) [Line Items]
Net gain (loss) for changes in fair value and net settlements of derivatives	$ 200	$ 500	$ 400	$ 1,200
Net Realized Investment Gains (Losses)
Derivative Instruments, Gain (Loss) [Line Items]
Net gain (loss) for changes in fair value and net settlements of derivatives	$ (4,666)	$ 1,497	$ (7,233)	$ 5,648

Derivative Instruments - Additi

Derivative Instruments - Additional Information (Detail) - Other Assets - USD ($) $ in Millions	Jun. 30, 2019	Dec. 31, 2018
Derivative Instruments and Hedging Activities Disclosures [Line Items]
Funds needed to post execute swap transaction	$ 2.6	$ 2.6
Interest Rate Swap
Derivative Instruments and Hedging Activities Disclosures [Line Items]
Margin calls made in connection with interest rate swaps	$ 11.4	$ 3.7

Company's Invested Assets and D

Company's Invested Assets and Derivative Instruments Measured at Fair Value on Recurring Basis (Detail) - USD ($) $ in Thousands		Jun. 30, 2019		Dec. 31, 2018
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Total invested assets		$ 1,196,276		$ 1,235,155
Equity securities		262,029		124,747
U.S. Treasury and Agency Obligations
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Total invested assets		180,102		78,855
Obligations of States and Political Subdivisions
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Total invested assets		40,903		95,613
Mortgage Backed Securities
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Total invested assets		185,754		117,854
Commercial Mortgage-Backed Securities
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Total invested assets		243,409		202,722
Asset-backed Securities
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Total invested assets		176,944		183,754
Corporate Bonds
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Total invested assets		273,277		440,855
Foreign Corporate Bonds
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Total invested assets		95,887		115,502
Fair Value, Measurements, Recurring
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Total invested assets		1,196,276		1,235,155
Equity securities		262,029		124,747
Total invested assets		1,458,305	[1]	1,359,902	[2]
Total invested liabilities		10,898		4,062
Fair Value, Measurements, Recurring | Derivative instruments
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Total invested liabilities		10,898		4,062
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		180,102		78,855
Equity securities		262,029		124,747
Total invested assets		442,131	[1]	203,602	[2]
Total invested liabilities		0
Fair Value, Measurements, Recurring | Fair Value, Inputs, Level 1 | Derivative instruments
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Total invested liabilities		0
Fair Value, Measurements, Recurring | Fair Value, Inputs, Level 2
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Total invested assets		1,016,174		1,156,300
Equity securities		0
Total invested assets		1,016,174	[1]	1,156,300	[2]
Total invested liabilities		10,898		4,062
Fair Value, Measurements, Recurring | Fair Value, Inputs, Level 2 | Derivative instruments
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Total invested liabilities		10,898		4,062
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
Equity securities		0
Total invested assets	[1]	0
Total invested liabilities		0
Fair Value, Measurements, Recurring | Fair Value, Inputs, Level 3 | Derivative instruments
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Total invested liabilities		0
Fair Value, Measurements, Recurring | U.S. Treasury and Agency Obligations
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Total invested assets		180,102		78,855
Fair Value, Measurements, Recurring | U.S. Treasury and Agency Obligations | Fair Value, Inputs, Level 1
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Total invested assets		180,102		78,855
Fair Value, Measurements, Recurring | U.S. Treasury and Agency Obligations | Fair Value, Inputs, Level 2
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Total invested assets		0
Fair Value, Measurements, Recurring | U.S. Treasury and Agency Obligations | Fair Value, Inputs, Level 3
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Total invested assets		0
Fair Value, Measurements, Recurring | Obligations of States and Political Subdivisions
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Total invested assets		40,903		95,613
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
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		40,903		95,613
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
Fair Value, Measurements, Recurring | Mortgage Backed Securities
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Total invested assets		185,754		117,854
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
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		185,754		117,854
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
Fair Value, Measurements, Recurring | Commercial Mortgage-Backed Securities
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Total invested assets		243,409		202,722
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
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		243,409		202,722
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
Fair Value, Measurements, Recurring | Asset-backed Securities
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Total invested assets		176,944		183,754
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
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		176,944		183,754
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
Fair Value, Measurements, Recurring | Corporate Bonds
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Total invested assets		273,277		440,855
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
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		273,277		440,855
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
Fair Value, Measurements, Recurring | Foreign Corporate Bonds
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Total invested assets		95,887		115,502
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
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		95,887		$ 115,502
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
[1]	Excluded from the table above are limited partnerships of $51.5 million at June 30, 2019 whose fair value is based on net asset value as a practical expedient.
[2]	Excluded from the table above are limited partnerships of $50.8 million at December 31, 2018 whose fair value is based on net asset value as a practical expedient.

Company's Invested Assets and_2

Company's Invested Assets and Derivative Instruments Measured at Fair Value on Recurring Basis (Parenthetical) (Detail) - USD ($) $ in Thousands	Jun. 30, 2019	Dec. 31, 2018
Fair Value Disclosures [Abstract]
Other investment in limited partnership	$ 51,472	$ 50,753

Current Fair Value of Debt (Det

Current Fair Value of Debt (Detail) - USD ($) $ in Thousands		Jun. 30, 2019	Dec. 31, 2018
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Debt		$ 292,106	$ 288,565
Debt, fair value		300,154	278,676
7.75% Subordinated Notes due 2045
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Debt	[1]	96,803	96,742
Debt, fair value	[1]	99,963	92,261
7.875% Subordinated Notes due 2047
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Debt	[2]	126,076	126,005
Debt, fair value	[2]	130,964	120,597
Margin borrowing facilities
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Debt		69,227	65,818
Debt, fair value		$ 69,227	$ 65,818
[1]	As of June 30, 2019 and December 31, 2018, the carrying value and fair value of the 7.75% Subordinated Notes due 2045 are net of unamortized debt issuance cost of $3.2 million and $3.3 million, respectively.
[2]	As of June 30, 2019 and December 31, 2018, the carrying value and fair value of the 7.875% Subordinated Notes due 2047 are net of unamortized debt issuance cost of $3.9 million and $4.0 million, respectively.

Current Fair Value of Debt (Par

Current Fair Value of Debt (Parenthetical) (Detail) - USD ($) $ in Millions	6 Months Ended	12 Months Ended
	Jun. 30, 2019	Dec. 31, 2018
7.75% Subordinated Notes due 2045
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Subordinated Notes percentage	7.75%	7.75%
Subordinated Notes due date	2045	2045
Unamortized Debt Issuance Costs	$ 3.2	$ 3.3
7.875% Subordinated Notes due 2047
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Subordinated Notes percentage	7.875%	7.875%
Subordinated Notes due date	2047	2047
Unamortized Debt Issuance Costs	$ 3.9	$ 4

Fair Value Measurements - Addit

Fair Value Measurements - Additional Information (Detail) - USD ($)	3 Months Ended		6 Months Ended		12 Months Ended
	Jun. 30, 2019	Jun. 30, 2018	Jun. 30, 2019	Jun. 30, 2018	Dec. 31, 2018
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Fair value assets, Transfers between level 1 and level 2	$ 0	$ 0	$ 0	$ 0
Fair value liability, Transfers between level 1 and level 2	0	0	0	0
Equity in the earnings of liability companies or partnerships	0	0	0	0
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	$ 3,800,000	$ 1,200,000	$ 100,000	$ 3,600,000
Variable Interest Entity, Not Primary Beneficiary
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Ownership interest exceeds respective investments	3.00%		3.00%
7.75% Subordinated Notes due 2045
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Subordinated Notes due date			2045		2045
7.875% Subordinated Notes due 2047
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Subordinated Notes due date			2047		2047
Fair Value, Inputs, Level 1 | 7.75% Subordinated Notes due 2045
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Subordinated Notes due date			2045
Fair Value, Inputs, Level 1 | 7.875% Subordinated Notes due 2047
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Subordinated Notes due date			2047

Fair Value and Future Funding C

Fair Value and Future Funding Commitments Related to These Investments (Detail) - USD ($) $ in Thousands		Jun. 30, 2019	Dec. 31, 2018
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Fair Value		$ 51,472	$ 50,753
Future Funding Commitments		31,214	34,714
Real Estate Fund, LP | Fair Value, Inputs, Level 3
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Fair Value	[1]	0
Future Funding Commitments	[1]	0
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	[2]	15,544	17,893
Future Funding Commitments	[2]	14,214	14,214
Distressed Debt Fund, LP | Fair Value, Inputs, Level 3
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Fair Value	[3]	35,928	32,860
Future Funding Commitments	[3]	$ 17,000	$ 20,500
[1]	This limited partnership invests in real estate assets through a combination of direct or indirect investments in partnerships, limited liability companies, mortgage loans, and lines of credit. 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. The Company does not have the ability to sell or transfer its limited partnership interest without consent from the general partner. The Company continues to hold an investment in this limited partnership and has written the fair value down to zero.
[2]	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. Based on the terms of the partnership agreement, the Company anticipates its interest in this partnership to be redeemed by 2020.
[3]	This limited partnership invests in stressed and distressed securities and structured products. The Company does not have the ability to sell or transfer its limited partnership interest without consent from the general partner. The Company does not have the contractual option to redeem its limited partnership interest but receives distributions based on the liquidation of the underlying assets. Based on the terms of the partnership agreement, the Company anticipates its interest to be redeemed no later than 2027

Fair Value and Future Funding_2

Fair Value and Future Funding Commitments Related to These Investments (Parenthetical) (Detail)	6 Months Ended
	Jun. 30, 2019USD ($)
Fair Value Disclosures [Abstract]
Fair value written down	$ 0

Income Taxes - Additional Infor

Income Taxes - Additional Information (Detail) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2019	Jun. 30, 2018	Jun. 30, 2019	Jun. 30, 2018	Dec. 31, 2018	Dec. 31, 2017
Income Tax [Line Items]
Effective income tax expense (benefit) rate	7.50%	(24.10%)	13.80%	(25.90%)
Alternative minimum tax credit carry forward						$ 11,000
AMT credit carryforward reclassed to federal income tax receivable	$ 11,134		$ 11,134		$ 10,866
Net operating loss carryforwards	24,600		24,600		29,500
Section 163(j) carryforward	$ 11,100		$ 11,100		$ 11,100
Alternative Minimum Tax Credits
Income Tax [Line Items]
AMT credit carryforward reclassed to federal income tax receivable						$ 11,000
UNITED STATES
Income Tax [Line Items]
Statutory income tax rates			21.00%
BERMUDA
Income Tax [Line Items]
Statutory income tax rates			0.00%
CAYMAN ISLANDS
Income Tax [Line Items]
Statutory income tax rates			0.00%
LUXEMBOURG
Income Tax [Line Items]
Statutory income tax rates			26.01%
IRELAND | Non Trading Income
Income Tax [Line Items]
Statutory income tax rates			25.00%
IRELAND | Capital Gain
Income Tax [Line Items]
Statutory income tax rates			33.00%
IRELAND | Trading Income
Income Tax [Line Items]
Statutory income tax rates			12.50%
BARBADOS | Minimum [Member]
Income Tax [Line Items]
Statutory income tax rates			1.00%
BARBADOS | Maximum
Income Tax [Line Items]
Statutory income tax rates			2.50%

Income Before Income Taxes from

Income Before Income Taxes from its Non-U.S. Subsidiaries and U.S. Subsidiaries (Detail) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2019	Jun. 30, 2018	Jun. 30, 2019	Jun. 30, 2018
Revenues:
Gross premiums written	$ 179,321	$ 158,817	$ 321,522	$ 283,064
Net premiums written	159,069	136,454	282,485	244,324
Net premiums earned	128,201	113,917	250,290	221,919
Net investment income	13,826	10,954	21,045	22,358
Net realized investment gains (losses)	3,590	2,830	13,980	2,514
Other income (loss)	522	324	1,010	878
Total revenues	146,139	128,025	286,325	247,669
Losses and Expenses:
Net losses and loss adjustment expenses	70,075	58,861	128,396	114,933
Acquisition costs and other underwriting expenses	50,534	47,513	100,277	92,516
Corporate and other operating expenses	4,639	10,918	7,844	20,178
Interest expense	5,042	4,940	10,065	9,801
Income (loss) before income taxes	15,849	5,793	39,743	10,241
Non-U.S. Subsidiaries
Revenues:
Gross premiums written	32,059	20,300	49,608	30,615
Net premiums written	32,059	20,300	49,601	30,614
Net premiums earned	18,579	37,111	33,286	85,133
Net investment income	10,672	12,293	15,042	27,514
Net realized investment gains (losses)	2,285	(159)	1,393	(164)
Other income (loss)	(38)	(147)	(23)	(97)
Total revenues	31,498	49,098	49,698	112,386
Losses and Expenses:
Net losses and loss adjustment expenses	11,468	12,768	16,448	33,333
Acquisition costs and other underwriting expenses	5,360	16,147	10,355	37,287
Corporate and other operating expenses	1,779	4,915	3,306	9,313
Interest expense	355	1,552	708	6,393
Income (loss) before income taxes	12,536	13,716	18,881	26,060
U.S. Subsidiaries
Revenues:
Gross premiums written	147,262	138,517	271,914	252,449
Net premiums written	127,010	116,154	232,884	213,710
Net premiums earned	109,622	76,806	217,004	136,786
Net investment income	9,956	7,036	13,092	14,224
Net realized investment gains (losses)	1,305	2,989	12,587	2,678
Other income (loss)	560	471	1,033	975
Total revenues	121,443	87,302	243,716	154,663
Losses and Expenses:
Net losses and loss adjustment expenses	58,607	46,093	111,948	81,600
Acquisition costs and other underwriting expenses	45,174	31,366	89,922	55,229
Corporate and other operating expenses	2,860	6,003	4,538	10,865
Interest expense	11,489	11,763	16,446	22,788
Income (loss) before income taxes	3,313	(7,923)	20,862	(15,819)
Eliminations
Revenues:
Gross premiums written	0	0	0	0
Net premiums written	0	0	0	0
Net premiums earned	0	0	0	0
Net investment income	(6,802)	(8,375)	(7,089)	(19,380)
Net realized investment gains (losses)	0	0	0	0
Other income (loss)	0	0	0	0
Total revenues	(6,802)	(8,375)	(7,089)	(19,380)
Losses and Expenses:
Net losses and loss adjustment expenses	0	0	0	0
Acquisition costs and other underwriting expenses	0	0	0	0
Corporate and other operating expenses	0	0	0	0
Interest expense	(6,802)	(8,375)	(7,089)	(19,380)
Income (loss) before income taxes	$ 0	$ 0	$ 0	$ 0

Components of Income Tax Benefi

Components of Income Tax Benefit (Detail) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2019	Jun. 30, 2018	Jun. 30, 2019	Jun. 30, 2018
Current income tax expense (benefit):
Foreign	$ (64)	$ 85	$ (18)	$ 264
U.S. Federal	0	166	0	732
Total current income tax expense (benefit)	(64)	251	(18)	996
Deferred income tax expense (benefit):
U.S. Federal	1,250	(1,650)	5,498	(3,648)
Total deferred income tax expense (benefit)	1,250	(1,650)	5,498	(3,648)
Total income tax expense (benefit)	$ 1,186	$ (1,399)	$ 5,480	$ (2,652)

Differences in Tax Provision fo

Differences in Tax Provision for Financial Statement Purposes and Expected Tax Provision at Weighted Average Tax Rate (Detail) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2019	Jun. 30, 2018	Jun. 30, 2019	Jun. 30, 2018
Income Tax Disclosure [Abstract]
Expected tax provision at weighted average tax rate	$ 649	$ (1,497)	$ 4,381	$ (3,033)
Adjustments:
Tax exempt interest	0	(4)	(1)	(5)
Dividend exclusion	(146)	(70)	(223)	(135)
Base Erosion Anti-Abuse Tax	0	165	0	731
Non-deductible interest	688	0	1,368	0
Other	(5)	7	(45)	(210)
Total income tax expense (benefit)	$ 1,186	$ (1,399)	$ 5,480	$ (2,652)
Expected tax provision at weighted average tax rate, % of Pre-Tax Income	4.10%	(25.80%)	11.00%	(29.60%)
Adjustments:
Tax exempt interest, % of Pre-Tax Income	(0.00%)	(0.10%)	(0.00%)	(0.00%)
Dividend exclusion, % of Pre-Tax Income	(0.90%)	(1.20%)	(0.60%)	(1.30%)
Base Erosion Anti-Abuse Tax, % of Pre-Tax Income	0.00%	2.90%	0.00%	7.10%
Non-deductible interest, % of Pre-Tax Income	4.30%	0.00%	3.40%	0.00%
Other, % of Pre-Tax Income	0.00%	0.10%	(0.10%)	(2.10%)
Effective income tax expense (benefit), % of Pre-Tax Income	7.50%	(24.10%)	13.80%	(25.90%)

Summarized Activity in Liabilit

Summarized Activity in Liability for Unpaid Losses and Loss Adjustment Expenses (Detail) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2019	Jun. 30, 2018	Jun. 30, 2019	Jun. 30, 2018
Insurance [Abstract]
Balance at beginning of period	$ 645,959	$ 615,125	$ 680,031	$ 634,664
Less: Ceded reinsurance receivables	97,065	92,314	109,342	97,243
Net balance at beginning of period	548,894	522,811	570,689	537,421
Incurred losses and loss adjustment expenses related to:
Current year	78,238	68,448	144,489	130,447
Prior years	(8,163)	(9,587)	(16,093)	(15,514)
Total incurred losses and loss adjustment expenses	70,075	58,861	128,396	114,933
Paid losses and loss adjustment expenses related to:
Current year	37,176	33,120	55,516	50,574
Prior years	32,854	26,279	94,630	79,507
Total paid losses and loss adjustment expenses	70,030	59,399	150,146	130,081
Net balance at end of period	548,939	522,273	548,939	522,273
Plus: Ceded reinsurance receivables	59,834	91,397	59,834	91,397
Balance at end of period	$ 608,773	$ 613,670	$ 608,773	$ 613,670

Liability for Unpaid Losses a_3

Liability for Unpaid Losses and Loss Adjustment Expenses - Additional Information (Detail) - USD ($) $ in Thousands	Mar. 08, 2018	Jun. 30, 2019	Jun. 30, 2018	Jun. 30, 2019	Jun. 30, 2018
Causes of Increase (Decrease) in Liability for Unpaid Claims and Claims Adjustment Expense [Line Items]
Changes in prior year reserve		$ (8,163)	$ (9,587)	$ (16,093)	$ (15,514)
Global Indemnity Group Inc | American Reliable Insurance Company
Causes of Increase (Decrease) in Liability for Unpaid Claims and Claims Adjustment Expense [Line Items]
Reserve Settlement	$ 41,500
Proceeds for loss and loss adjustment expenses paid	38,800
Proceeds for accrued interest	6,200
Payment for the difference between the agreed upon purchase price and actual settlement	$ 3,500
Commercial Specialty
Causes of Increase (Decrease) in Liability for Unpaid Claims and Claims Adjustment Expense [Line Items]
Changes in prior year reserve		(200)	(5,200)	(6,900)	(7,900)
Commercial Specialty | Professional Liability | Accident Years 2009 and 2010
Causes of Increase (Decrease) in Liability for Unpaid Claims and Claims Adjustment Expense [Line Items]
Changes in prior year reserve		(1,100)		(1,000)
Commercial Specialty | Professional Liability | Accident Years 2008 through 2010 and 2012 through 2014
Causes of Increase (Decrease) in Liability for Unpaid Claims and Claims Adjustment Expense [Line Items]
Changes in prior year reserve			(500)
Commercial Specialty | Professional Liability | Accident Years 2010 through 2014
Causes of Increase (Decrease) in Liability for Unpaid Claims and Claims Adjustment Expense [Line Items]
Changes in prior year reserve					(700)
Commercial Specialty | General Liability
Causes of Increase (Decrease) in Liability for Unpaid Claims and Claims Adjustment Expense [Line Items]
Changes in prior year reserve				(4,100)
Commercial Specialty | General Liability | Reinsurance Recoverable Allowance
Causes of Increase (Decrease) in Liability for Unpaid Claims and Claims Adjustment Expense [Line Items]
Changes in prior year reserve		1,000		1,000
Commercial Specialty | General Liability | Accident Years 2006 through 2014, 2016 through 2017
Causes of Increase (Decrease) in Liability for Unpaid Claims and Claims Adjustment Expense [Line Items]
Changes in prior year reserve			(2,300)
Commercial Specialty | General Liability | Accident Years 2005 Through 2018 | Construction Defect
Causes of Increase (Decrease) in Liability for Unpaid Claims and Claims Adjustment Expense [Line Items]
Changes in prior year reserve				(500)
Commercial Specialty | General Liability | Accident Years 2001, 2005 Through 2017 | Other General Liability
Causes of Increase (Decrease) in Liability for Unpaid Claims and Claims Adjustment Expense [Line Items]
Changes in prior year reserve				(4,600)
Commercial Specialty | General Liability | Accident Years 2002 through 2017
Causes of Increase (Decrease) in Liability for Unpaid Claims and Claims Adjustment Expense [Line Items]
Changes in prior year reserve					(3,400)
Commercial Specialty | Property Lines
Causes of Increase (Decrease) in Liability for Unpaid Claims and Claims Adjustment Expense [Line Items]
Changes in prior year reserve			(1,300)		(1,700)
Commercial Specialty | Property Lines | Accident Years 2014 through 2016 | Noncatastrophe
Causes of Increase (Decrease) in Liability for Unpaid Claims and Claims Adjustment Expense [Line Items]
Changes in prior year reserve			(1,000)
Commercial Specialty | Property Lines | Accident Year 2017 | Catastrophe
Causes of Increase (Decrease) in Liability for Unpaid Claims and Claims Adjustment Expense [Line Items]
Changes in prior year reserve			(300)
Commercial Specialty | Property Lines | Accident Years 2014 through 2017 | Noncatastrophe
Causes of Increase (Decrease) in Liability for Unpaid Claims and Claims Adjustment Expense [Line Items]
Changes in prior year reserve					(1,400)
Commercial Specialty | Property Lines | Accident Years 2010, 2012 Through 2018
Causes of Increase (Decrease) in Liability for Unpaid Claims and Claims Adjustment Expense [Line Items]
Changes in prior year reserve				(900)
Commercial Specialty | Property Lines | Accident Year 2016 and 2017 | Catastrophe
Causes of Increase (Decrease) in Liability for Unpaid Claims and Claims Adjustment Expense [Line Items]
Changes in prior year reserve					(300)
Commercial Specialty | Commercial Auto Liability | Accident Years 2010, 2012 and 2013
Causes of Increase (Decrease) in Liability for Unpaid Claims and Claims Adjustment Expense [Line Items]
Changes in prior year reserve			(1,100)		(2,100)
Commercial Specialty | Commercial Auto Liability | Accident Years 2010, 2012 and 2013
Causes of Increase (Decrease) in Liability for Unpaid Claims and Claims Adjustment Expense [Line Items]
Changes in prior year reserve				(800)
Specialty Property
Causes of Increase (Decrease) in Liability for Unpaid Claims and Claims Adjustment Expense [Line Items]
Changes in prior year reserve		(10,100)	(2,500)	(9,200)	(1,700)
Specialty Property | General Liability | Accident Years 2010, 2014 and 2017
Causes of Increase (Decrease) in Liability for Unpaid Claims and Claims Adjustment Expense [Line Items]
Changes in prior year reserve		(200)
Specialty Property | General Liability | Accident Years 2014, 2015 through 2017
Causes of Increase (Decrease) in Liability for Unpaid Claims and Claims Adjustment Expense [Line Items]
Changes in prior year reserve			200
Specialty Property | Property Lines
Causes of Increase (Decrease) in Liability for Unpaid Claims and Claims Adjustment Expense [Line Items]
Changes in prior year reserve		(10,000)
Specialty Property | Property Lines | Accident Years 2018 | Catastrophe
Causes of Increase (Decrease) in Liability for Unpaid Claims and Claims Adjustment Expense [Line Items]
Changes in prior year reserve		(8,300)		(8,300)
Specialty Property | Property Lines | Accident Years 2016 Through 2018
Causes of Increase (Decrease) in Liability for Unpaid Claims and Claims Adjustment Expense [Line Items]
Changes in prior year reserve		(1,700)		(9,200)
Specialty Property | Property Lines | Accident Years 2014 through 2017
Causes of Increase (Decrease) in Liability for Unpaid Claims and Claims Adjustment Expense [Line Items]
Changes in prior year reserve			(2,700)		(1,700)
Reinsurance Operations
Causes of Increase (Decrease) in Liability for Unpaid Claims and Claims Adjustment Expense [Line Items]
Changes in prior year reserve		3,000	(2,300)	2,900	(4,500)
Reinsurance Operations | Professional Liability | Accident Years 2008 and 2010
Causes of Increase (Decrease) in Liability for Unpaid Claims and Claims Adjustment Expense [Line Items]
Changes in prior year reserve		(300)		(300)
Reinsurance Operations | Property Lines
Causes of Increase (Decrease) in Liability for Unpaid Claims and Claims Adjustment Expense [Line Items]
Changes in prior year reserve				3,100
Reinsurance Operations | Property Lines | Accident Years 2018
Causes of Increase (Decrease) in Liability for Unpaid Claims and Claims Adjustment Expense [Line Items]
Changes in prior year reserve				8,100
Reinsurance Operations | Property Lines | Accident Years 2018 | Typhoon Jebi
Causes of Increase (Decrease) in Liability for Unpaid Claims and Claims Adjustment Expense [Line Items]
Changes in prior year reserve		6,500		6,500
Reinsurance Operations | Property Lines | Accident Years 2018
Causes of Increase (Decrease) in Liability for Unpaid Claims and Claims Adjustment Expense [Line Items]
Changes in prior year reserve		3,200
Reinsurance Operations | Property Lines | Accident Years 2011 through 2017
Causes of Increase (Decrease) in Liability for Unpaid Claims and Claims Adjustment Expense [Line Items]
Changes in prior year reserve			(2,300)		(4,500)
Farm, Ranch & Stable
Causes of Increase (Decrease) in Liability for Unpaid Claims and Claims Adjustment Expense [Line Items]
Changes in prior year reserve		(800)	400	(2,800)	(1,400)
Farm, Ranch & Stable | Property Lines
Causes of Increase (Decrease) in Liability for Unpaid Claims and Claims Adjustment Expense [Line Items]
Changes in prior year reserve		(700)		(1,100)
Farm, Ranch & Stable | Property Lines | Accident Years 2018
Causes of Increase (Decrease) in Liability for Unpaid Claims and Claims Adjustment Expense [Line Items]
Changes in prior year reserve		(200)		(200)
Farm, Ranch & Stable | Property Lines | Accident Years 2017 and 2018
Causes of Increase (Decrease) in Liability for Unpaid Claims and Claims Adjustment Expense [Line Items]
Changes in prior year reserve		$ (500)		(900)
Farm, Ranch & Stable | Property Lines | Accident Years 2015 Through 2017
Causes of Increase (Decrease) in Liability for Unpaid Claims and Claims Adjustment Expense [Line Items]
Changes in prior year reserve			900		(1,000)
Farm, Ranch & Stable | Liability | Accident Years 2007, 2012, 2014 and 2016
Causes of Increase (Decrease) in Liability for Unpaid Claims and Claims Adjustment Expense [Line Items]
Changes in prior year reserve			$ (500)
Farm, Ranch & Stable | Liability | Accident Years 2007, 2012, 2014 Through 2017
Causes of Increase (Decrease) in Liability for Unpaid Claims and Claims Adjustment Expense [Line Items]
Changes in prior year reserve					$ (400)
Farm, Ranch & Stable | Liability | Accident Years 2013, 2016 and 2017
Causes of Increase (Decrease) in Liability for Unpaid Claims and Claims Adjustment Expense [Line Items]
Changes in prior year reserve				$ (1,700)

Leases - Additional Information

Leases - Additional Information (Detail) - USD ($) $ in Millions	Jan. 01, 2019	Jun. 30, 2019
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
Minimum [Member]
Lessee Lease Description [Line Item]
Operating lease, remaining lease term		5 months
Maximum
Lessee Lease Description [Line Item]
Operating lease, remaining lease term		11 years
Maximum | ASU 2016-02
Lessee Lease Description [Line Item]
Cumulative effect adjustment on retained earnings	$ 0.1

Components of Lease Expense (De

Components of Lease Expense (Detail) - USD ($) $ in Thousands	3 Months Ended	6 Months Ended
	Jun. 30, 2019	Jun. 30, 2019
Leases [Abstract]
Operating lease expense	$ 822	$ 1,641
Short-term lease expense	2	5
Total lease expense	$ 824	$ 1,646

Schedule of Supplemental Cash F

Schedule of Supplemental Cash Flow Information Related To Leases (Detail) $ in Thousands	6 Months Ended
	Jun. 30, 2019USD ($)
Cash paid for amounts included in the measurement of liabilities:
Operating cash flows from operating leases	$ 1,188
Right-of-use assets obtained in exchange for new lease obligations:
Operating leases	$ 14,596

Schedule of Supplemental Balanc

Schedule of Supplemental Balance Sheet Information Related to Leases (Detail) $ in Thousands	Jun. 30, 2019USD ($)
Assets:
Operating lease assets	$ 24,143
Operating Lease, Right-of-Use Asset, Statement of Financial Position [Extensible List]	us-gaap:OtherAssets
Liabilities:
Operating lease liabilities	$ 24,571
Operating Lease, Liability, Statement of Financial Position [Extensible List]	us-gaap:OtherLiabilities
Weighted-average remaining lease term
Operating leases	10 years 1 month 6 days
Weighted-average discount rate
Operating leases	2.70%	[1]
[1]	Represents the Company’s incremental borrowing rate

Future Minimum Cash Payments Un

Future Minimum Cash Payments Under Non-cancelable Operating Leases (Detail) $ in Thousands	Jun. 30, 2019USD ($)
Leases [Abstract]
2019	$ 1,345	[1]
2020	1,942
2021	2,779
2022	2,659
2023	2,702
Thereafter	16,887
Total future minimum lease payments	28,314
Less: amount representing interest	3,743
Present value of minimum lease payments	$ 24,571
[1]	Excludes the six months ended June 30, 2019

Shareholders' Equity - Addition

Shareholders' Equity - Additional Information (Detail) $ / shares in Units, $ in Millions	3 Months Ended		6 Months Ended
	Jun. 30, 2019USD ($)Stockholder$ / sharesshares	Jun. 30, 2018$ / sharesshares	Jun. 30, 2019USD ($)Stockholder$ / sharesshares	Jun. 30, 2018$ / sharesshares	Dec. 31, 2018USD ($)
Equity [Line Items]
Dividend payable, per share | $ / shares	$ 0.25	$ 0.25	$ 0.25	$ 0.25
Accrued dividends | $	$ 0.2		$ 0.2		$ 0.2
Ordinary Shares A
Equity [Line Items]
Shares repurchased	0	0	27,028	45,233
Number of shareholders | Stockholder	232		232
Ordinary Shares B
Equity [Line Items]
Shares repurchased	0	0	0	0

Information with Respect to A O

Information with Respect to A Ordinary Shares that were Surrendered or Repurchased (Detail) - Ordinary Shares A - USD ($)		3 Months Ended		6 Months Ended
		Jun. 30, 2019	Jun. 30, 2018	Jun. 30, 2019	Jun. 30, 2018
Equity, Class of Treasury Stock [Line Items]
Total Number of Shares Purchased		0	0	27,028	45,233
Average Price Paid Per Share				$ 35.07	$ 40.07
Total Number of Shares Purchased as Part of Publicly Announced Plan or Program				0	0
Approximate Dollar Value of Shares that May Yet Be Purchased Under the Plans or Programs		$ 0	$ 0	$ 0	$ 0
January 1-31, 2019
Equity, Class of Treasury Stock [Line Items]
Total Number of Shares Purchased	[1],[2]			7,945
Average Price Paid Per Share	[1]			$ 36.23
Total Number of Shares Purchased as Part of Publicly Announced Plan or Program	[1]			0
Approximate Dollar Value of Shares that May Yet Be Purchased Under the Plans or Programs	[1]	0		$ 0
February 1-28, 2019
Equity, Class of Treasury Stock [Line Items]
Total Number of Shares Purchased	[1],[2]			19,083
Average Price Paid Per Share	[1]			$ 34.59
Total Number of Shares Purchased as Part of Publicly Announced Plan or Program	[1]			0
Approximate Dollar Value of Shares that May Yet Be Purchased Under the Plans or Programs	[1]	$ 0		$ 0
January 1-31, 2018
Equity, Class of Treasury Stock [Line Items]
Total Number of Shares Purchased	[1],[2]				26,639
Average Price Paid Per Share	[1]				$ 42.02
Total Number of Shares Purchased as Part of Publicly Announced Plan or Program	[1]				0
Approximate Dollar Value of Shares that May Yet Be Purchased Under the Plans or Programs	[1]		0		$ 0
March 1-31, 2018
Equity, Class of Treasury Stock [Line Items]
Total Number of Shares Purchased	[1],[2]				18,594
Average Price Paid Per Share	[1]				$ 37.27
Total Number of Shares Purchased as Part of Publicly Announced Plan or Program	[1]				0
Approximate Dollar Value of Shares that May Yet Be Purchased Under the Plans or Programs	[1]		$ 0		$ 0
[1]	Based on settlement date.
[2]	Surrendered by employees as payment of taxes withheld on the vesting of restricted stock.

Schedule of Dividend Payments (

Schedule of Dividend Payments (Detail) - USD ($) $ in Thousands		Jun. 28, 2019	Jun. 02, 2019	Mar. 29, 2019	Feb. 10, 2019	Jun. 29, 2018	Jun. 03, 2018	Mar. 29, 2018	Mar. 04, 2018	Jun. 30, 2019	Jun. 30, 2018
Dividends Payable [Line Items]
Approval Date			Jun. 2, 2019		Feb. 10, 2019		Jun. 3, 2018		Mar. 4, 2018
Record Date			Jun. 21, 2019		Mar. 22, 2019		Jun. 22, 2018		Mar. 21, 2018
Payment Date			Jun. 28, 2019		Mar. 29, 2019		Jun. 29, 2018		Mar. 29, 2018
Payment of dividends		$ 3,525		$ 3,521		$ 3,502		$ 3,499		$ 7,125	$ 7,001
Upon Vesting of Shares
Dividends Payable [Line Items]
Approval Date										Various
Record Date										Various
Payment Date										Various
Payment of dividends	[1]									$ 79
[1]	Represents dividends paid upon vesting of shares.

Related Party Transactions - Ad

Related Party Transactions - Additional Information (Detail) - USD ($) $ in Thousands	1 Months Ended	3 Months Ended		6 Months Ended		12 Months Ended
	May 31, 2019	Jun. 30, 2019	Jun. 30, 2018	Jun. 30, 2019	Jun. 30, 2018	Dec. 31, 2018
7.75% Subordinated Notes due 2045
Related Party Transaction [Line Items]
Subordinated Notes percentage		7.75%		7.75%		7.75%
Subordinated Notes due date				2045		2045
7.875% Subordinated Notes due 2047
Related Party Transaction [Line Items]
Subordinated Notes percentage		7.875%		7.875%		7.875%
Subordinated Notes due date				2047		2047
Fox Paine Funds
Related Party Transaction [Line Items]
Company's total voting power		80.00%		80.00%
FM Entities
Related Party Transaction [Line Items]
Company's total voting power		2.00%		2.00%
Fox Paine Entities
Related Party Transaction [Line Items]
Minimum voting power required to nominate Directors		25.00%		25.00%
Fox Paine and Company
Related Party Transaction [Line Items]
Management fees		$ 500	$ 500	$ 1,000	$ 1,000
Prepaid management fees		300		300		$ 1,400
Advisory services fees estimated	$ 2,000
Fox Paine and Company | Co-Obligor Transaction
Related Party Transaction [Line Items]
Advisory services fees estimated		$ 0	$ 6,250	$ 0	$ 12,500

Commitments and Contingencies -

Commitments and Contingencies - Additional Information (Detail) - USD ($) $ in Thousands	Jun. 30, 2019	Dec. 31, 2018	Dec. 31, 2017	Dec. 31, 2014
Commitments and Contingencies [Line Items]
Commitment to purchase alternative investment			$ 50,000	$ 50,000
Future Funding Commitments	$ 31,214	$ 34,714
European Non-Performing Loan Fund, LP
Commitments and Contingencies [Line Items]
Funded commitment amount	35,800
Distressed Debt Fund, LP
Commitments and Contingencies [Line Items]
Funded commitment amount	33,000
Unfunded Commitments | European Non-Performing Loan Fund, LP
Commitments and Contingencies [Line Items]
Future Funding Commitments	14,200
Unfunded Commitments | Distressed Debt Fund, LP
Commitments and Contingencies [Line Items]
Future Funding Commitments	$ 17,000

Share-Based Compensation Plans

Share-Based Compensation Plans - Additional Information (Detail) - $ / shares	Mar. 06, 2018	Jun. 30, 2019	Jun. 30, 2018	Jun. 30, 2019	Jun. 30, 2018	Jun. 20, 2018	Dec. 31, 2014
Stock Options | Chief Executive Officer | Employment Agreement
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Stock options awarded		0	0	0	0
Unvested stock options forfeited		0	0	0	0
Stock Options | Chief Executive Officer | Share-based Compensation Award, Tranche 2 | Employment Agreement
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Stock options awarded							300,000
Stock Options | Chief Executive Officer | Vesting Schedule One | Employment Agreement
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Stock options, vested and expected to vest	100,000
Stock options forfeited	100,000
Vesting date				Dec. 31, 2018
Stock Options | Chief Executive Officer | Vesting Schedule Two and Three | Employment Agreement
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Stock options, vested and expected to vest	200,000
Stock Options | Chief Executive Officer | Vesting Schedule Two | Employment Agreement
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Stock options, vested and expected to vest	100,000
Vesting date				Dec. 31, 2019
Stock Options | Chief Executive Officer | Vesting Schedule Three | Employment Agreement
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Stock options, vested and expected to vest	100,000
Vesting date				Dec. 31, 2020
Time Based Option Award | Chief Executive Officer | Vesting Schedule One | Employment Agreement
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Stock options, vested and expected to vest		100,000		100,000
Vesting date				Dec. 31, 2018
Time Based Option Award | Chief Executive Officer | Vesting Schedule Two | Employment Agreement
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Stock options, vested and expected to vest		100,000		100,000
Vesting date				Dec. 31, 2019
Time Based Option Award | Chief Executive Officer | Vesting Schedule Three | Employment Agreement
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Stock options, vested and expected to vest		100,000		100,000
Vesting date				Dec. 31, 2020
Expiration date				Dec. 31, 2027
Time Based Option Award | Chief Executive Officer | Share-based Compensation Award, Tranche 3 | Employment Agreement
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Number of shares granted				300,000
Strike price per share				$ 50
Restricted Stock Units | Key Employees
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Number of shares granted		175,498	0	175,498		0
Weighted average fair value per share		$ 30.18		$ 30.18
Restricted Stock Units | Key Employees | Share-based Compensation Award, Tranche 2
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Vesting date		Jun. 18, 2022		Jun. 18, 2022
Percentage of shares vested on each anniversary of the grant date		20.00%		20.00%
Restricted Stock Units | Key Employees | Share-based Compensation Award, Tranche 3
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Vesting date		Jun. 18, 2023		Jun. 18, 2023
Percentage of shares vested on each anniversary of the grant date		30.00%		30.00%
Restricted Stock Units | Key Employees | Share-based Compensation Award, Tranche One
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Vesting date		Jun. 18, 2021		Jun. 18, 2021
Percentage of shares vested on each anniversary of the grant date		10.00%		10.00%
Restricted Stock Units | Key Employees | Share-based Compensation Award, Tranche 4
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Vesting date		Jun. 18, 2024		Jun. 18, 2024
Percentage of shares vested on each anniversary of the grant date		40.00%		40.00%
Restricted Stock | Key Employees
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Stock options, vested and expected to vest		27,117		27,117
Number of shares granted			0	36,180	38,778
Weighted average fair value per share				$ 35.82	$ 40.57
Shares vested				9,063	11,843
Restricted Stock | Key Employees | Share-based Compensation Award, Tranche 2
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Vesting date				Jan. 1, 2021	Jan. 1, 2020
Percentage of shares vested on each anniversary of the grant date				16.50%	16.50%
Restricted Stock | Key Employees | Vesting Schedule Two
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Vesting date				Mar. 15, 2022	Mar. 15, 2021
Percentage of shares vested on each anniversary of the grant date				100.00%	100.00%
Percentage of stock award subject to vesting				50.00%	50.00%
Restricted Stock | Key Employees | Share-based Compensation Award, Tranche 3
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Vesting date				Jan. 1, 2022	Jan. 1, 2021
Percentage of shares vested on each anniversary of the grant date				17.00%	17.00%
Restricted Stock | Key Employees | Share-based Compensation Award, Tranche One
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Vesting date				Jan. 1, 2020	Jan. 1, 2019
Percentage of shares vested on each anniversary of the grant date				16.50%	16.50%
Restricted Stock | Non Employee Director
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Number of shares granted		15,544	7,792	31,386	16,934
Weighted average fair value per share		$ 30.96	$ 38.98	$ 30.67	$ 36.57
2018 Plan
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Maximum number of shares authorized		2,500,000		2,500,000

Computation of Basic and Dilute

Computation of Basic and Diluted Earnings Per Share (Detail) - USD ($) $ / shares in Units, $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2019	Jun. 30, 2018	Jun. 30, 2019	Jun. 30, 2018
Earnings Per Share [Abstract]
Net income	$ 14,663	$ 7,192	$ 34,263	$ 12,893
Weighted average shares outstanding – basic	14,187,276	14,092,397	14,170,689	14,073,813
Net income per share	$ 1.03	$ 0.51	$ 2.42	$ 0.92
Weighted average shares outstanding – diluted	14,331,286	14,334,600	14,324,614	14,308,264
Net income per share	$ 1.02	$ 0.50	$ 2.39	$ 0.90

Reconciliation of Weighted Aver

Reconciliation of Weighted Average Shares for Basic and Diluted Earnings Per Share (Detail) - shares	3 Months Ended		6 Months Ended
	Jun. 30, 2019	Jun. 30, 2018	Jun. 30, 2019	Jun. 30, 2018
Reconciliation Of Basic Weighted Average Shares To Diluted Weighted Average Shares [Line Items]
Weighted average shares for basic earnings per share	14,187,276	14,092,397	14,170,689	14,073,813
Weighted average shares for diluted earnings per share	14,331,286	14,334,600	14,324,614	14,308,264
Restricted Stock
Reconciliation Of Basic Weighted Average Shares To Diluted Weighted Average Shares [Line Items]
Non-vested restricted stock, units and options	21,293	76,775	17,783	70,244
Restricted Stock Units
Reconciliation Of Basic Weighted Average Shares To Diluted Weighted Average Shares [Line Items]
Non-vested restricted stock, units and options	117	0	949	0
Stock Options
Reconciliation Of Basic Weighted Average Shares To Diluted Weighted Average Shares [Line Items]
Non-vested restricted stock, units and options	122,600	165,428	135,193	164,207

Earning Per Share - Additional

Earning Per Share - Additional Information (Detail) - shares	3 Months Ended		6 Months Ended
	Jun. 30, 2019	Jun. 30, 2018	Jun. 30, 2019	Jun. 30, 2018
Earnings Per Share [Abstract]
Shares excluded from calculation of diluted earnings per share	500,000	600,000	500,000	600,000

Segment Information - Additiona

Segment Information - Additional Information (Detail)	6 Months Ended
	Jun. 30, 2019Segment
Segment Reporting Information [Line Items]
Number of reportable business segments managed	4
Personal Lines
Segment Reporting Information [Line Items]
Number of reportable business segments managed	2

Summary of Business Segment Inf

Summary of Business Segment Information (Detail) - USD ($) $ in Thousands		3 Months Ended				6 Months Ended
		Jun. 30, 2019		Jun. 30, 2018		Jun. 30, 2019		Jun. 30, 2018		Dec. 31, 2018
Revenues:
Gross premiums written		$ 179,321		$ 158,817		$ 321,522		$ 283,064
Net premiums written		159,069		136,454		282,485		244,324
Net premiums earned		128,201		113,917		250,290		221,919
Other income (loss)		522		324		1,010		878
Total revenues		128,723		114,241		251,300		222,797
Losses and Expenses:
Net losses and loss adjustment expenses		70,075		58,861		128,396		114,933
Acquisition costs and other underwriting expenses		50,534		47,513		100,277		92,516
Income (loss) from segments		8,114		7,867		22,627		15,348
Unallocated Items:
Net investment income		13,826		10,954		21,045		22,358
Net realized investment gains (losses)		3,590		2,830		13,980		2,514
Corporate and other operating expenses		(4,639)		(10,918)		(7,844)		(20,178)
Interest expense		(5,042)		(4,940)		(10,065)		(9,801)
Income before income taxes		15,849		5,793		39,743		10,241
Income tax (expense) benefit		(1,186)		1,399		(5,480)		2,652
Net income		14,663		7,192		34,263		12,893
Total assets		2,015,472		1,981,819		2,015,472		1,981,819		$ 1,960,266
Commercial Specialty
Revenues:
Gross premiums written	[1]	77,079		69,973		141,292		123,746
Net premiums written	[1]	67,107		61,350		122,277		109,656
Net premiums earned	[1]	56,705		52,252		112,346		99,614
Other income (loss)	[1]	0		0		0		0
Total revenues	[1]	56,705		52,252		112,346		99,614
Losses and Expenses:
Net losses and loss adjustment expenses	[1]	32,691		25,095		54,342		50,124
Acquisition costs and other underwriting expenses	[1]	22,890		21,051	[2]	45,702		40,256	[3]
Income (loss) from segments	[1]	1,124		6,106		12,302		9,234
Unallocated Items:
Net investment income	[1]	0		0		0		0
Net realized investment gains (losses)	[1]	0		0		0		0
Corporate and other operating expenses	[1]	0		0		0		0
Interest expense	[1]	0		0		0		0
Income before income taxes	[1]	0		0		0		0
Income tax (expense) benefit	[1]	0		0		0		0
Net income	[1]	0		0		0		0
Total assets	[1]	869,221		896,698		869,221		896,698
Specialty Property
Revenues:
Gross premiums written	[1]	46,486	[4]	47,030	[5]	86,160	[6]	88,374	[7]
Net premiums written	[1]	39,828		36,509		73,040		69,519
Net premiums earned	[1]	35,567		33,409		70,186		67,396
Other income (loss)	[1]	498		440		941		886
Total revenues	[1]	36,065		33,849		71,127		68,282
Losses and Expenses:
Net losses and loss adjustment expenses	[1]	11,111		17,903		31,614		39,089
Acquisition costs and other underwriting expenses	[1]	14,939		14,813	[8]	29,592		29,767	[9]
Income (loss) from segments	[1]	10,015		1,133		9,921		(574)
Unallocated Items:
Net investment income	[1]	0		0		0		0
Net realized investment gains (losses)	[1]	0		0		0		0
Corporate and other operating expenses	[1]	0		0		0		0
Interest expense	[1]	0		0		0		0
Income before income taxes	[1]	0		0		0		0
Income tax (expense) benefit	[1]	0		0		0		0
Net income	[1]	0		0		0		0
Total assets	[1]	319,220		340,478		319,220		340,478
Farm, Ranch & Stable
Revenues:
Gross premiums written	[1]	23,697		21,515		44,462		40,336
Net premiums written	[1]	20,075		18,298		37,567		34,543
Net premiums earned	[1]	17,350		16,471		34,472		33,096
Other income (loss)	[1]	32		32		62		89
Total revenues	[1]	17,382		16,503		34,534		33,185
Losses and Expenses:
Net losses and loss adjustment expenses	[1]	13,126		12,106		21,264		18,541
Acquisition costs and other underwriting expenses	[1]	7,345		7,414	[10]	14,627		14,639	[11]
Income (loss) from segments	[1]	(3,089)		(3,017)		(1,357)		5
Unallocated Items:
Net investment income	[1]	0		0		0		0
Net realized investment gains (losses)	[1]	0		0		0		0
Corporate and other operating expenses	[1]	0		0		0		0
Interest expense	[1]	0		0		0		0
Income before income taxes	[1]	0		0		0		0
Income tax (expense) benefit	[1]	0		0		0		0
Net income	[1]	0		0		0		0
Total assets	[1]	171,887		183,335		171,887		183,335
Reinsurance Operations
Revenues:
Gross premiums written	[6]	32,059		20,299		49,608		30,608
Net premiums written	[6]	32,059		20,297		49,601		30,606
Net premiums earned	[6]	18,579		11,785		33,286		21,813
Other income (loss)	[6]	(8)		(148)		7		(97)
Total revenues	[6]	18,571		11,637		33,293		21,716
Losses and Expenses:
Net losses and loss adjustment expenses	[6]	13,147		3,757		21,176		7,179
Acquisition costs and other underwriting expenses	[6]	5,360		4,235		10,356		7,854
Income (loss) from segments	[6]	64		3,645		1,761		6,683
Unallocated Items:
Net investment income	[6]	0		0		0		0
Net realized investment gains (losses)	[6]	0		0		0		0
Corporate and other operating expenses	[6]	0		0		0		0
Interest expense	[6]	0		0		0		0
Income before income taxes	[6]	0		0		0		0
Income tax (expense) benefit	[6]	0		0		0		0
Net income	[6]	0		0		0		0
Total assets	[6],[7]	$ 655,144		$ 561,308		$ 655,144		$ 561,308
[1]	Includes business ceded to the Company’s Reinsurance Operations. This quota share agreement was cancelled effective January 1, 2018.
[2]	Includes federal excise tax of $116 relating to cessions from Commercial Specialty to Reinsurance Operations.
[3]	Includes federal excise tax of $290 relating to cessions from Commercial Specialty to Reinsurance Operations.
[4]	Includes ($39) of business written by American Reliable that was ceded to insurance companies owned by Assurant under a 100% quota share reinsurance agreement.
[5]	Includes ($989) of business written by American Reliable that was ceded to insurance companies owned by Assurant under a 100% quota share reinsurance agreement.
[6]	External business only, excluding business assumed from affiliates.
[7]	Comprised of Global Indemnity Reinsurance’s total assets less its investment in subsidiaries.
[8]	Includes federal excise tax of $93 relating to cessions from Specialty Property to Reinsurance Operations.
[9]	Includes federal excise tax of $234 relating to cessions from Specialty Property to Reinsurance Operations.
[10]	Includes federal excise tax of $44 relating to cessions from Farm, Ranch, & Stable to Reinsurance Operations.
[11]	Includes federal excise tax of $109 relating to cessions from Farm, Ranch, & Stable to Reinsurance Operations.

Summary of Business Segment I_2

Summary of Business Segment Information (Parenthetical) (Detail) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2019	Jun. 30, 2018	Jun. 30, 2019	Jun. 30, 2018
Specialty Property
Segment Reporting Information [Line Items]
Federal excise tax relating to cessions from Insurance Operations to Reinsurance Operations		$ 93		$ 234
Commercial Specialty
Segment Reporting Information [Line Items]
Federal excise tax relating to cessions from Insurance Operations to Reinsurance Operations		116		290
Farm, Ranch & Stable
Segment Reporting Information [Line Items]
Federal excise tax relating to cessions from Insurance Operations to Reinsurance Operations		$ 44		$ 109
American Reliable Insurance Company | Specialty Property
Segment Reporting Information [Line Items]
Quota share agreement percentage	100.00%	100.00%	100.00%	100.00%
Ceded premiums written	$ (39)	$ (989)	$ (177)	$ (1,856)

Condensed Consolidating Finan_3

Condensed Consolidating Financial Information Provided in Connection with Outstanding Debt of Subsidiaries - Additional Information (Detail)	6 Months Ended
	Jun. 30, 2019
Global Indemnity Group Inc
Condensed Financial Statements, Captions [Line Items]
Ownership percentage in subsidiary	100.00%

Schedule of Condensed Consolida

Schedule of Condensed Consolidating Balance Sheets (Detail) - USD ($) $ in Thousands		Jun. 30, 2019	Mar. 31, 2019	Dec. 31, 2018	Jun. 30, 2018	Mar. 31, 2018	Dec. 31, 2017
ASSETS
Total investments		$ 1,509,777		$ 1,410,655
Cash and cash equivalents		56,215		99,497	$ 47,138		$ 74,414
Investments in subsidiaries		0		0
Due from subsidiaries and affiliates		0		0
Notes receivable – affiliate		0		0
Interest receivable – affiliate		0		0
Premiums receivable, net		120,649		87,679
Reinsurance receivables, net		66,398		114,418
Funds held by ceding insurers		41,588		49,206
Federal income taxes receivable		11,134		10,866
Deferred federal income taxes		37,425		48,589
Deferred acquisition costs		69,047		61,676
Intangible assets		21,755		22,020
Goodwill		6,521		6,521
Prepaid reinsurance premiums		19,244		20,594
Receivable for securities sold		0		15
Other assets		55,719		28,530
Total assets		2,015,472		1,960,266	1,981,819
Liabilities:
Unpaid losses and loss adjustment expenses		608,773	$ 645,959	680,031	613,670	$ 615,125	634,664
Unearned premiums		312,758		281,912
Ceded balances payable		17,459		14,994
Payable for securities purchased		9,849		0
Contingent commissions		8,103		10,636
Debt		292,106		288,565
Notes payable – affiliates		0		0
Accrued interest payable – affiliates		0		0
Other liabilities		71,912		55,069
Total liabilities		1,320,960		1,331,207
Shareholders’ equity
Total shareholders’ equity		694,512		629,059	702,417
Total liabilities and shareholders’ equity		2,015,472		1,960,266
Global Indemnity Limited (Parent co-obligor)
ASSETS
Total investments		51,114		55,377
Cash and cash equivalents		132		2,221	1,385		11,089
Investments in subsidiaries		1,178,510		1,105,032
Due from subsidiaries and affiliates		(256)		584
Notes receivable – affiliate		0		0
Interest receivable – affiliate		0		0
Premiums receivable, net		0		0
Reinsurance receivables, net		0		0
Funds held by ceding insurers		0		0
Federal income taxes receivable		0		0
Deferred federal income taxes		0		0
Deferred acquisition costs		0		0
Intangible assets		0		0
Goodwill		0		0
Prepaid reinsurance premiums		0		0
Receivable for securities sold		0		0
Other assets		7,731		8,461
Total assets		1,237,231		1,171,675
Liabilities:
Unpaid losses and loss adjustment expenses		0		0
Unearned premiums		0		0
Ceded balances payable		0		0
Payable for securities purchased		0
Contingent commissions		0		0
Debt		0		0
Notes payable – affiliates		520,498		520,498
Accrued interest payable – affiliates		19,918		19,499
Other liabilities		2,303		2,619
Total liabilities		542,719		542,616
Shareholders’ equity
Total shareholders’ equity		694,512		629,059
Total liabilities and shareholders’ equity		1,237,231		1,171,675
Global Indemnity Group, Inc.(Subsidiary co-obligor)
ASSETS
Total investments		262,387		233,479
Cash and cash equivalents		353		26,039	1,461		7,749
Investments in subsidiaries		329,022		296,357
Due from subsidiaries and affiliates		(5,204)		(2,133)
Notes receivable – affiliate		80,049		80,049
Interest receivable – affiliate		4,445		3,869
Premiums receivable, net		0		0
Reinsurance receivables, net		0		0
Funds held by ceding insurers		0		0
Federal income taxes receivable		13,621		4,631
Deferred federal income taxes		38,848		44,481
Deferred acquisition costs		0		0
Intangible assets		0		0
Goodwill		0		0
Prepaid reinsurance premiums		0		0
Receivable for securities sold		0		0
Other assets		10,778		5,085
Total assets		734,299		691,857
Liabilities:
Unpaid losses and loss adjustment expenses		0		0
Unearned premiums		0		0
Ceded balances payable		0		0
Payable for securities purchased		423
Contingent commissions		0		0
Debt		299,227		295,818
Notes payable – affiliates		402,310		402,310
Accrued interest payable – affiliates		0		0
Other liabilities		17,317		13,651
Total liabilities		719,277		711,779
Shareholders’ equity
Total shareholders’ equity		15,022		(19,922)
Total liabilities and shareholders’ equity		734,299		691,857
Other Global Indemnity Limited Subsidiaries and Eliminations (non-co-obligor subsidiaries)
ASSETS
Total investments	[1]	1,196,276		1,121,799
Cash and cash equivalents	[1]	55,730		71,237	$ 44,292		$ 55,576
Investments in subsidiaries	[1]	15,022		(19,922)
Due from subsidiaries and affiliates	[1]	5,460		1,549
Notes receivable – affiliate	[1]	847,808		847,808
Interest receivable – affiliate	[1]	17,258		17,425
Premiums receivable, net	[1]	120,649		87,679
Reinsurance receivables, net	[1]	66,398		114,418
Funds held by ceding insurers	[1]	41,588		49,206
Federal income taxes receivable	[1]	(2,487)		6,235
Deferred federal income taxes	[1]	(1,423)		4,108
Deferred acquisition costs	[1]	69,047		61,676
Intangible assets	[1]	21,755		22,020
Goodwill	[1]	6,521		6,521
Prepaid reinsurance premiums	[1]	19,244		20,594
Receivable for securities sold	[1]	0		15
Other assets	[1]	44,331		22,237
Total assets	[1]	2,523,177		2,434,605
Liabilities:
Unpaid losses and loss adjustment expenses	[1]	608,773		680,031
Unearned premiums	[1]	312,758		281,912
Ceded balances payable	[1]	17,459		14,994
Payable for securities purchased	[1]	9,426
Contingent commissions	[1]	8,103		10,636
Debt	[1]	0		0
Notes payable – affiliates	[1]	5,049		5,049
Accrued interest payable – affiliates	[1]	1,785		1,795
Other liabilities	[1]	52,292		38,799
Total liabilities	[1]	1,015,645		1,033,216
Shareholders’ equity
Total shareholders’ equity	[1]	1,507,532		1,401,389
Total liabilities and shareholders’ equity	[1]	2,523,177		2,434,605
Consolidation Adjustments
ASSETS
Total investments	[2]	0		0
Cash and cash equivalents	[2]	0		0
Investments in subsidiaries	[2]	(1,522,554)		(1,381,467)
Due from subsidiaries and affiliates	[2]	0		0
Notes receivable – affiliate	[2]	(927,857)		(927,857)
Interest receivable – affiliate	[2]	(21,703)		(21,294)
Premiums receivable, net	[2]	0		0
Reinsurance receivables, net	[2]	0		0
Funds held by ceding insurers	[2]	0		0
Federal income taxes receivable	[2]	0		0
Deferred federal income taxes	[2]	0		0
Deferred acquisition costs	[2]	0		0
Intangible assets	[2]	0		0
Goodwill	[2]	0		0
Prepaid reinsurance premiums	[2]	0		0
Receivable for securities sold	[2]	0		0
Other assets	[2]	(7,121)		(7,253)
Total assets	[2]	(2,479,235)		(2,337,871)
Liabilities:
Unpaid losses and loss adjustment expenses	[2]	0		0
Unearned premiums	[2]	0		0
Ceded balances payable	[2]	0		0
Payable for securities purchased	[2]	0
Contingent commissions	[2]	0		0
Debt	[2]	(7,121)		(7,253)
Notes payable – affiliates	[2]	(927,857)		(927,857)
Accrued interest payable – affiliates	[2]	(21,703)		(21,294)
Other liabilities	[2]	0		0
Total liabilities	[2]	(956,681)		(956,404)
Shareholders’ equity
Total shareholders’ equity	[2]	(1,522,554)		(1,381,467)
Total liabilities and shareholders’ equity	[2]	$ (2,479,235)		$ (2,337,871)
[1]	Includes all other subsidiaries of Global Indemnity Limited and eliminations
[2]	Includes Parent co-obligor and subsidiary co-obligor consolidating adjustments

Schedule of Condensed Consoli_2

Schedule of Condensed Consolidating Statements of Operations (Detail) - USD ($) $ in Thousands		3 Months Ended		6 Months Ended
		Jun. 30, 2019	Jun. 30, 2018	Jun. 30, 2019	Jun. 30, 2018
Revenues:
Net premiums earned		$ 128,201	$ 113,917	$ 250,290	$ 221,919
Net investment income		13,826	10,954	21,045	22,358
Net realized investment gains (losses)		3,590	2,830	13,980	2,514
Other income (loss)		522	324	1,010	878
Total revenues		146,139	128,025	286,325	247,669
Losses and Expenses:
Net losses and loss adjustment expenses		70,075	58,861	128,396	114,933
Acquisition costs and other underwriting expenses		50,534	47,513	100,277	92,516
Corporate and other operating expenses		4,639	10,918	7,844	20,178
Interest expense		5,042	4,940	10,065	9,801
Income before income taxes		15,849	5,793	39,743	10,241
Equity in net income (loss) of subsidiaries		0	0	0	0
Income (loss) before income taxes		15,849	5,793	39,743	10,241
Income tax expense (benefit)		1,186	(1,399)	5,480	(2,652)
Net income		14,663	7,192	34,263	12,893
Global Indemnity Limited (Parent co-obligor)
Revenues:
Net premiums earned		0	0	0	0
Net investment income		729	205	1,371	337
Net realized investment gains (losses)		406	(20)	399	(20)
Other income (loss)		0	0	0	0
Total revenues		1,135	185	1,770	317
Losses and Expenses:
Net losses and loss adjustment expenses		0	0	0	0
Acquisition costs and other underwriting expenses		0	0	0	0
Corporate and other operating expenses		1,657	4,719	2,986	8,977
Interest expense		277	5,379	551	10,698
Income before income taxes		(799)	(9,913)	(1,767)	(19,358)
Equity in net income (loss) of subsidiaries		15,462	17,105	36,030	32,251
Income (loss) before income taxes		14,663	7,192	34,263	12,893
Income tax expense (benefit)		0	0	0	0
Net income		14,663	7,192	34,263	12,893
Global Indemnity Group, Inc.(Subsidiary co-obligor)
Revenues:
Net premiums earned		0	0	0	0
Net investment income		5,020	2,711	2,945	5,912
Net realized investment gains (losses)		(582)	3,066	11,494	2,846
Other income (loss)		2	14	30	12
Total revenues		4,440	5,791	14,469	8,770
Losses and Expenses:
Net losses and loss adjustment expenses		0	0	0	0
Acquisition costs and other underwriting expenses		0	0	0	0
Corporate and other operating expenses		2,681	5,927	4,247	10,645
Interest expense		4,961	11,718	9,918	22,738
Income before income taxes		(3,202)	(11,854)	304	(24,613)
Equity in net income (loss) of subsidiaries		7,005	3,108	14,898	10,765
Income (loss) before income taxes		3,803	(8,746)	15,202	(13,848)
Income tax expense (benefit)		(1,503)	(2,312)	(163)	(947)
Net income		5,306	(6,434)	15,365	(12,901)
Other Global Indemnity Limited Subsidiaries and Eliminations (non-co-obligor subsidiaries)
Revenues:
Net premiums earned	[1]	128,201	113,917	250,290	221,919
Net investment income	[1]	8,366	20,316	17,305	39,940
Net realized investment gains (losses)	[1]	3,766	(216)	2,087	(312)
Other income (loss)	[1]	520	310	980	866
Total revenues	[1]	140,853	134,327	270,662	262,413
Losses and Expenses:
Net losses and loss adjustment expenses	[1]	70,075	58,861	128,396	114,933
Acquisition costs and other underwriting expenses	[1]	50,534	47,513	100,277	92,516
Corporate and other operating expenses	[1]	301	272	611	556
Interest expense	[1]	93	121	172	196
Income before income taxes	[1]	19,850	27,560	41,206	54,212
Equity in net income (loss) of subsidiaries	[1]	5,306	(6,428)	15,365	(12,901)
Income (loss) before income taxes	[1]	25,156	21,132	56,571	41,311
Income tax expense (benefit)	[1]	2,689	913	5,643	(1,818)
Net income	[1]	22,467	20,219	50,928	43,129
Consolidation Adjustments
Revenues:
Net premiums earned	[2]	0	0	0	0
Net investment income	[2]	(289)	(12,278)	(576)	(23,831)
Net realized investment gains (losses)	[2]	0	0	0	0
Other income (loss)	[2]	0	0	0	0
Total revenues	[2]	(289)	(12,278)	(576)	(23,831)
Losses and Expenses:
Net losses and loss adjustment expenses	[2]	0	0	0	0
Acquisition costs and other underwriting expenses	[2]	0	0	0	0
Corporate and other operating expenses	[2]	0	0	0	0
Interest expense	[2]	(289)	(12,278)	(576)	(23,831)
Income before income taxes	[2]	0	0	0	0
Equity in net income (loss) of subsidiaries	[2]	(27,773)	(13,785)	(66,293)	(30,115)
Income (loss) before income taxes	[2]	(27,773)	(13,785)	(66,293)	(30,115)
Income tax expense (benefit)	[2]	0	0	0	113
Net income	[2]	$ (27,773)	$ (13,785)	$ (66,293)	$ (30,228)
[1]	Includes all other subsidiaries of Global Indemnity Limited and eliminations
[2]	Includes Parent co-obligor and subsidiary co-obligor consolidating adjustments

Schedule of Condensed Consoli_3

Schedule of Condensed Consolidating Statements of Comprehensive Income (Detail) - USD ($) $ in Thousands		3 Months Ended		6 Months Ended
		Jun. 30, 2019	Jun. 30, 2018	Jun. 30, 2019	Jun. 30, 2018
Condensed Financial Statements, Captions [Line Items]
Net income (loss)		$ 14,663	$ 7,192	$ 34,263	$ 12,893
Other comprehensive income (loss), net of tax:
Unrealized holding gains (losses)		18,677	(5,820)	39,462	(21,008)
Equity in other comprehensive income (loss) of unconsolidated subsidiaries		0	0	0	0
Portion of other-than-temporary impairment losses recognized in other comprehensive income (loss)		(1)	(7)	(2)	(8)
Reclassification adjustment for gains included in net income		(3,740)	611	(1,818)	686
Unrealized foreign currency translation gains (losses)		(63)	(728)	131	(1,100)
Other comprehensive income (loss), net of tax		14,873	(5,944)	37,773	(21,430)
Comprehensive income (loss), net of tax		29,536	1,248	72,036	(8,537)
Global Indemnity Limited (Parent co-obligor)
Condensed Financial Statements, Captions [Line Items]
Net income (loss)		14,663	7,192	34,263	12,893
Other comprehensive income (loss), net of tax:
Unrealized holding gains (losses)		221	(23)	880	(147)
Equity in other comprehensive income (loss) of unconsolidated subsidiaries		15,220	(5,941)	37,454	(21,303)
Portion of other-than-temporary impairment losses recognized in other comprehensive income (loss)		0	0	0	0
Reclassification adjustment for gains included in net income		(568)	20	(561)	20
Unrealized foreign currency translation gains (losses)		0	0	0	0
Other comprehensive income (loss), net of tax		14,873	(5,944)	37,773	(21,430)
Comprehensive income (loss), net of tax		29,536	1,248	72,036	(8,537)
Global Indemnity Group, Inc.(Subsidiary co-obligor)
Condensed Financial Statements, Captions [Line Items]
Net income (loss)		5,306	(6,434)	15,365	(12,901)
Other comprehensive income (loss), net of tax:
Unrealized holding gains (losses)		(480)	(475)	1,567	(2,085)
Equity in other comprehensive income (loss) of unconsolidated subsidiaries		9,165	(2,517)	19,490	(9,030)
Portion of other-than-temporary impairment losses recognized in other comprehensive income (loss)		0	0	0	0
Reclassification adjustment for gains included in net income		(159)	392	243	389
Unrealized foreign currency translation gains (losses)		0	0	0	0
Other comprehensive income (loss), net of tax		8,526	(2,600)	21,300	(10,726)
Comprehensive income (loss), net of tax		13,832	(9,034)	36,665	(23,627)
Other Global Indemnity Limited Subsidiaries and Eliminations (non-co-obligor subsidiaries)
Condensed Financial Statements, Captions [Line Items]
Net income (loss)	[1]	22,467	20,219	50,928	43,129
Other comprehensive income (loss), net of tax:
Unrealized holding gains (losses)	[1]	18,936	(5,322)	37,015	(18,776)
Equity in other comprehensive income (loss) of unconsolidated subsidiaries	[1]	8,526	(2,600)	21,300	(10,726)
Portion of other-than-temporary impairment losses recognized in other comprehensive income (loss)	[1]	(1)	(7)	(2)	(8)
Reclassification adjustment for gains included in net income	[1]	(3,013)	199	(1,500)	277
Unrealized foreign currency translation gains (losses)	[1]	(63)	(728)	131	(1,100)
Other comprehensive income (loss), net of tax	[1]	24,385	(8,458)	56,944	(30,333)
Comprehensive income (loss), net of tax	[1]	46,852	11,761	107,872	12,796
Consolidation Adjustments
Condensed Financial Statements, Captions [Line Items]
Net income (loss)	[2]	(27,773)	(13,785)	(66,293)	(30,228)
Other comprehensive income (loss), net of tax:
Unrealized holding gains (losses)	[2]	0	0	0	0
Equity in other comprehensive income (loss) of unconsolidated subsidiaries	[2]	(32,911)	11,058	(78,244)	41,059
Portion of other-than-temporary impairment losses recognized in other comprehensive income (loss)	[2]	0	0	0	0
Reclassification adjustment for gains included in net income	[2]	0	0	0	0
Unrealized foreign currency translation gains (losses)	[2]	0	0	0	0
Other comprehensive income (loss), net of tax	[2]	(32,911)	11,058	(78,244)	41,059
Comprehensive income (loss), net of tax	[2]	$ (60,684)	$ (2,727)	$ (144,537)	$ 10,831
[1]	Includes all other subsidiaries of Global Indemnity Limited and eliminations
[2]	Includes Parent co-obligor and subsidiary co-obligor consolidating adjustments

Schedule of Condensed Consoli_4

Schedule of Condensed Consolidating Statements of Cash Flows (Detail) - USD ($) $ in Thousands		Jun. 28, 2019	Mar. 29, 2019	Jun. 29, 2018	Mar. 29, 2018	Jun. 30, 2019	Jun. 30, 2018
Cash flows from operating activities:
Net cash provided by (used for) operating activities						$ (3,135)	$ 58,960
Cash flows from investing activities:
Proceeds from sale of fixed maturities						569,529	114,456
Proceeds from sale of equity securities						167,028	17,461
Proceeds from maturity of fixed maturities						95,994	33,041
Proceeds from other invested assets						2,349	4,871
Amount received (paid) in connection with derivatives						(8,022)	6,602
Purchases of fixed maturities						(573,878)	(214,937)
Purchases of equity securities						(284,984)	(17,330)
Purchases of other invested assets						(3,500)	(10,550)
Acquisition of business						0	(3,515)
Net cash used for investing activities						(35,484)	(69,901)
Cash flows from financing activities:
Net borrowings (repayments) under margin borrowing facility						3,409	(7,521)
Proceeds / (issuance) of notes to affiliates							0
Debt restructuring							0
Dividends paid to shareholders		$ (3,525)	$ (3,521)	$ (3,502)	$ (3,499)	(7,125)	(7,001)
Dividends from subsidiaries							0
Purchase of A ordinary shares						(947)	(1,813)
Net cash used for financing activities						(4,663)	(16,335)
Net change in cash and cash equivalents						(43,282)	(27,276)
Cash and cash equivalents at beginning of period						99,497	74,414
Cash and cash equivalents at end of period						56,215	47,138
Global Indemnity Limited (Parent co-obligor)
Cash flows from operating activities:
Net cash provided by (used for) operating activities						1,521	(16,120)
Cash flows from investing activities:
Proceeds from sale of fixed maturities						48,393	15,284
Proceeds from sale of equity securities						3,600	0
Proceeds from maturity of fixed maturities						0	5,431
Proceeds from other invested assets						2,349	0
Amount received (paid) in connection with derivatives						0	0
Purchases of fixed maturities						(10,548)	(25,485)
Purchases of equity securities						(39,332)	0
Purchases of other invested assets						0	0
Acquisition of business							0
Net cash used for investing activities						4,462	(4,770)
Cash flows from financing activities:
Net borrowings (repayments) under margin borrowing facility						0	0
Proceeds / (issuance) of notes to affiliates							230,000
Debt restructuring							(230,000)
Dividends paid to shareholders						(7,125)	(7,001)
Dividends from subsidiaries							20,000
Purchase of A ordinary shares						(947)	(1,813)
Net cash used for financing activities						(8,072)	11,186
Net change in cash and cash equivalents						(2,089)	(9,704)
Cash and cash equivalents at beginning of period						2,221	11,089
Cash and cash equivalents at end of period						132	1,385
Global Indemnity Group, Inc.(Subsidiary co-obligor)
Cash flows from operating activities:
Net cash provided by (used for) operating activities						(14,207)	9,869
Cash flows from investing activities:
Proceeds from sale of fixed maturities						101,584	24,077
Proceeds from sale of equity securities						163,428	17,461
Proceeds from maturity of fixed maturities						0	7,600
Proceeds from other invested assets						0	(1,322)
Amount received (paid) in connection with derivatives						(8,022)	6,602
Purchases of fixed maturities						(22,726)	(31,659)
Purchases of equity securities						(245,652)	(17,330)
Purchases of other invested assets						(3,500)	(10,550)
Acquisition of business							(3,515)
Net cash used for investing activities						(14,888)	(8,636)
Cash flows from financing activities:
Net borrowings (repayments) under margin borrowing facility						3,409	(7,521)
Proceeds / (issuance) of notes to affiliates							(230,000)
Debt restructuring							230,000
Dividends paid to shareholders						0	0
Dividends from subsidiaries							0
Purchase of A ordinary shares						0	0
Net cash used for financing activities						3,409	(7,521)
Net change in cash and cash equivalents						(25,686)	(6,288)
Cash and cash equivalents at beginning of period						26,039	7,749
Cash and cash equivalents at end of period						353	1,461
Other Global Indemnity Limited Subsidiaries and Eliminations (non-co-obligor subsidiaries)
Cash flows from operating activities:
Net cash provided by (used for) operating activities	[1]					9,551	65,211
Cash flows from investing activities:
Proceeds from sale of fixed maturities	[1]					419,552	75,095
Proceeds from sale of equity securities	[1]					0	0
Proceeds from maturity of fixed maturities	[1]					95,994	20,010
Proceeds from other invested assets	[1]					0	6,193
Amount received (paid) in connection with derivatives	[1]					0	0
Purchases of fixed maturities	[1]					(540,604)	(157,793)
Purchases of equity securities	[1]					0	0
Purchases of other invested assets	[1]					0	0
Acquisition of business	[1]						0
Net cash used for investing activities	[1]					(25,058)	(56,495)
Cash flows from financing activities:
Net borrowings (repayments) under margin borrowing facility	[1]					0	0
Proceeds / (issuance) of notes to affiliates	[1]						0
Debt restructuring	[1]						0
Dividends paid to shareholders	[1]					0	0
Dividends from subsidiaries	[1]						(20,000)
Purchase of A ordinary shares	[1]					0	0
Net cash used for financing activities	[1]					0	(20,000)
Net change in cash and cash equivalents	[1]					(15,507)	(11,284)
Cash and cash equivalents at beginning of period	[1]					71,237	55,576
Cash and cash equivalents at end of period	[1]					$ 55,730	$ 44,292
[1]	Includes all other subsidiaries of Global Indemnity Limited and eliminations

New Accounting Pronouncements -

New Accounting Pronouncements - Additional Information (Detail) - USD ($) $ in Thousands	Jun. 30, 2019	Jan. 01, 2019
New Accounting Pronouncements Or Change In Accounting Principle [Line Items]
Right of use lease assets	$ 24,143
Lease liabilities	$ 24,571
Accounting Standards Update 2016-02
New Accounting Pronouncements Or Change In Accounting Principle [Line Items]
Right of use lease assets		$ 25,300
Lease liabilities		25,400
Accounting Standards Update 2016-02 | Maximum
New Accounting Pronouncements Or Change In Accounting Principle [Line Items]
Cumulative effect adjustment resulting from adoption of new accounting guidance		$ 100