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<div style="widows: 1; text-transform: none; margin-top: 0pt; text-indent: 0px; font: 13px 'times new roman', times, serif; white-space: normal; letter-spacing: normal; color: #000000; margin-left: 70pt; word-spacing: 0px; -webkit-text-stroke-width: 0px;">
<div style="text-align: left; line-height: 11pt; margin-top: 0pt; white-space: nowrap; margin-bottom: 0pt; float: left; font-weight: bold;">1.     </div>
<div style="text-align: left; line-height: 11pt; margin-top: 0pt; margin-bottom: 0pt; float: left; font-weight: bold;">Accounting Policies</div>
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<div style="line-height: 11pt; margin-top: 12pt; font-weight: bold;">Organization</div>
<div style="line-height: 12pt; margin-top: 6pt; text-indent: 20pt;">James River Group Holdings, Ltd. (referred to as “JRG Holdings” or, with its subsidiaries, the “Company”) is an exempted holding company registered in Bermuda, organized for the purpose of acquiring and managing insurance and reinsurance entities.</div>
<div style="line-height: 12pt; margin-top: 6pt; text-indent: 20pt;">The Company owns six insurance companies based in the United States (“U.S.”) focused on specialty insurance niches and a Bermuda-based reinsurance company as described below:</div>
<div style="line-height: 12pt; margin-top: 6pt; text-indent: 20pt;">•       James River Group Holdings UK Limited (“James River UK”) is an insurance holding company formed in 2015 in the United Kingdom (“U.K.”). The Company contributed James River Group, Inc. (“James River Group”), a U.S. insurance holding company, to James River UK in 2015.</div>
<div style="line-height: 0pt; margin: 0pt; clear: both; font-size: 0pt; padding: 0pt;">​</div>
<div style="text-align: left; line-height: 12pt; margin-top: 6pt; text-indent: -20pt; margin-bottom: 0pt; margin-left: 40pt;">•       James River Group is a Delaware domiciled insurance holding company formed in 2002, which owns all of the Company’s U.S.-based subsidiaries, either directly or indirectly through one of its wholly-owned U.S. subsidiaries. James River Group oversees the Company’s U.S. insurance operations and maintains all of the outstanding debt in the U.S.</div>
<div style="line-height: 0pt; margin: 0pt; clear: both; font-size: 0pt; padding: 0pt;">​</div>
<div style="text-align: left; line-height: 12pt; margin-top: 6pt; text-indent: -20pt; margin-bottom: 0pt; margin-left: 40pt;">•       James River Insurance Company (“James River Insurance”) is an Ohio domiciled excess and surplus lines insurance company that, with its wholly-owned insurance subsidiary, James River Casualty Company, is authorized to write business in every state and the District of Columbia.</div>
<div style="line-height: 0pt; margin: 0pt; clear: both; font-size: 0pt; padding: 0pt;">​</div>
<div style="text-align: left; line-height: 12pt; margin-top: 6pt; text-indent: -20pt; margin-bottom: 0pt; margin-left: 40pt;">•       Falls Lake National Insurance Company (“Falls Lake National”) is an Ohio domiciled insurance company which wholly owns Stonewood Insurance Company (“Stonewood Insurance”), a North Carolina domiciled company, Falls Lake General Insurance Company, an Ohio domiciled company, and Falls Lake Fire and Casualty Company, a California domiciled company. Falls Lake National began writing specialty admitted program business in late 2013. Falls Lake Fire and Casualty Company will begin operations in 2016.</div>
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<div style="text-align: left; line-height: 12pt; margin-top: 6pt; text-indent: -20pt; margin-bottom: 0pt; margin-left: 40pt;">•       Stonewood Insurance is a workers’ compensation insurance company that writes insurance primarily for the residential construction and light manufacturing industries. Stonewood Insurance writes workers’ compensation coverage in North Carolina, Virginia, South Carolina, and Tennessee.</div>
<div style="line-height: 0pt; margin: 0pt; clear: both; font-size: 0pt; padding: 0pt;">​</div>
<div style="text-align: left; line-height: 12pt; margin-top: 6pt; text-indent: -20pt; margin-bottom: 0pt; margin-left: 40pt;">•       JRG Reinsurance Company, Ltd. (“JRG Re”) was formed in 2007 and commenced operations in 2008. JRG Re, a Bermuda domiciled reinsurer, provides non-catastrophe casualty reinsurance to U.S. third parties and to the Company’s U.S.-based insurance subsidiaries.</div>
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<div style="line-height: 11pt; margin-top: 12pt; font-weight: bold;">Basis of Presentation and Principles of Consolidation</div>
<div style="line-height: 12pt; margin-top: 6pt; text-indent: 20pt;">The consolidated financial statements are prepared in accordance with U.S. generally accepted accounting principles (“GAAP”), which vary in some respects from statutory accounting practices (“SAP”) which are prescribed or permitted by the various state insurance departments in the U.S. or by insurance regulators in Bermuda. The accompanying consolidated financial statements include the accounts and operations of the Company and its subsidiaries. All significant intercompany transactions and balances have been eliminated.</div>
<div style="line-height: 11pt; margin-top: 12pt; font-weight: bold;">Estimates and Assumptions</div>
<div style="line-height: 12pt; margin-top: 6pt; text-indent: 20pt;">Preparation of the consolidated financial statements in conformity with GAAP requires management to make estimates and assumptions that affect the amounts reported in the consolidated financial statements and accompanying disclosures. Those estimates are inherently subject to change, and actual results may ultimately differ from those estimates.</div>
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<div style="line-height: 11pt; margin-top: 6pt; font-weight: bold;">Fixed Maturity and Equity Securities</div>
<div style="line-height: 12pt; margin-top: 6pt; text-indent: 20pt;">Fixed maturity and equity securities classified as “available-for-sale” are carried at fair value, and unrealized gains and losses on such securities, net of any deferred taxes, are reported as a separate component of accumulated other comprehensive income. Fixed maturity securities purchased for short-term resale are classified as “trading” and are carried at fair value with unrealized gains and losses included in earnings as a component of net investment income. The Company does not have any securities classified as “held-to-maturity”.</div>
<div style="line-height: 12pt; margin-top: 6pt; text-indent: 20pt;">Fair value generally represents quoted market value prices for securities traded in the public marketplace or prices analytically determined using bid or closing prices for securities not traded in the public marketplace.</div>
<div style="line-height: 12pt; margin-top: 6pt; text-indent: 20pt;">Premiums and discounts on mortgage-backed securities and asset-backed securities are amortized or accrued using the constant yield method which considers anticipated prepayments at the date of purchase. To the extent that the estimated lives of such securities change as a result of changes in estimated prepayment rates, the adjustments are included in net investment income using the retrospective method.</div>
<div style="line-height: 12pt; margin-top: 6pt; text-indent: 20pt;">Realized investment gains or losses are determined on a specific identification basis. Interest income is recognized as earned, and dividend income is recognized on the ex-dividend date.</div>
<div style="line-height: 12pt; margin-top: 6pt; text-indent: 20pt;">The Company evaluates its available-for-sale investments regularly to determine whether there are declines in value that are other-than-temporary. The Company’s outside investment managers assist the Company in this evaluation. When the Company determines that a security has experienced an other-than-temporary impairment, the impairment loss is recognized as a realized investment loss. The factors that the Company considers in evaluating whether such an other-than-temporary impairment has occurred include the amount and percentage that fair value is below amortized cost or cost and the length of time that fair value has been below amortized cost or cost. For fixed maturity securities, the Company considers the credit quality rating of the security, with a special emphasis on securities downgraded below investment grade. Management does not intend to sell available-for-sale fixed maturity securities in an unrealized loss position, and it is not “more likely than not” that the Company will be required to sell these securities before a recovery in fair value to their amortized cost basis occurs. For equity securities, management evaluates the near-term prospects of these investments in relation to the severity and duration of the impairment, and the Company’s ability and intent to hold these investments until a recovery of fair value occurs.</div>
<div style="line-height: 11pt; margin-top: 12pt; font-weight: bold;">Bank Loan Participations Held-for-Investment and Allowance for Credit Losses</div>
<div style="line-height: 12pt; margin-top: 6pt; text-indent: 20pt;">Bank loan participations held-for-investment are managed by a specialized outside investment manager and are generally stated at their outstanding unpaid principal balances net of unamortized premiums or discounts and net of any allowance for credit losses. Interest income is accrued on the unpaid principal balance. Discounts and premiums are amortized to income using the interest method.</div>
<div style="line-height: 12pt; margin-top: 6pt; text-indent: 20pt;">Generally, the accrual of interest on a bank loan participation is discontinued when the contractual payment of principal or interest has become 90 days past due or management has serious doubts about further collectability of principal or interest. A bank loan participation may remain on accrual status if it is in the process of collection and is either guaranteed or well secured. Interest received on nonaccrual loans generally is reported as investment income. There were no bank loans on nonaccrual status at December 31, 2015 or 2014.</div>
<div style="line-height: 12pt; margin-top: 6pt; text-indent: 20pt;">Generally, bank loan participations are restored to accrual status when the obligation is brought current, has performed in accordance with the contractual terms for a reasonable period of time, and the ultimate collectability of the total contractual principal and interest is no longer in doubt.</div>
<div style="line-height: 12pt; margin-top: 6pt; text-indent: 20pt;">
<div style="widows: 1; text-transform: none; margin-top: 1pt; text-indent: 20pt; font: 13px/12pt 'times new roman', times, serif; white-space: normal; letter-spacing: normal; color: #000000; word-spacing: 0px; -webkit-text-stroke-width: 0px;">The allowance for credit losses is maintained at a level believed adequate by management to absorb estimated probable credit losses. Management’s periodic evaluation of the adequacy of the allowance is based on consultations and advice of the Company’s specialized investment manager, known and inherent risks in the portfolio, adverse situations that may affect the borrower’s ability to repay, the estimated value of any underlying collateral, current economic conditions, and other relevant factors. When an observable market price for a loan is available, the Company has recorded an allowance equal to the difference between the fair value and the amortized cost of bank loans that it has determined to be impaired as a practical expedient for an estimate of probable future cash flows to be collected on those bank loans. If an observable market price for a loan is not available, the Company records an allowance equal to the difference between the present value of expected future cash flows discounted at the loan’s effective interest rate and the amortized cost of the loan.</div>
<div style="widows: 1; text-transform: none; margin-top: 12pt; text-indent: 0px; font: bold 13px/11pt 'times new roman', times, serif; white-space: normal; letter-spacing: normal; color: #000000; word-spacing: 0px; -webkit-text-stroke-width: 0px;">Other Invested Assets</div>
<div style="widows: 1; text-transform: none; margin-top: 6pt; text-indent: 20pt; font: 13px/12pt 'times new roman', times, serif; white-space: normal; letter-spacing: normal; color: #000000; word-spacing: 0px; -webkit-text-stroke-width: 0px;">Other invested assets at December 31, 2015 and 2014 include the Company’s interests in private debt and equity investments. The investments are primarily focused in renewable energy, limited partnerships, and bank holding companies. Equity interests in various limited liability companies (“LLCs”) and limited partnerships are accounted for under the equity method, as the Company has determined that the equity method best reflects its economic interest in the underlying equity investment. For certain note agreements, original discounts and commitment fees received are recognized over the terms of the notes under the effective interest method.</div>
<div style="widows: 1; text-transform: none; margin-top: 12pt; text-indent: 0px; font: bold 13px/11pt 'times new roman', times, serif; white-space: normal; letter-spacing: normal; color: #000000; word-spacing: 0px; -webkit-text-stroke-width: 0px;">Short-Term Investments</div>
<div style="widows: 1; text-transform: none; margin-top: 6pt; text-indent: 20pt; font: 13px/12pt 'times new roman', times, serif; white-space: normal; letter-spacing: normal; color: #000000; word-spacing: 0px; -webkit-text-stroke-width: 0px;">Short-term investments are carried at cost, which approximates fair value. Short-term investments have maturities greater than three months but less than one year at the date of purchase.</div>
<div style="widows: 1; text-transform: none; margin-top: 12pt; text-indent: 0px; font: bold 13px/11pt 'times new roman', times, serif; white-space: normal; letter-spacing: normal; color: #000000; word-spacing: 0px; -webkit-text-stroke-width: 0px;">Cash Equivalents</div>
<div style="widows: 1; text-transform: none; margin-top: 6pt; text-indent: 20pt; font: 13px/12pt 'times new roman', times, serif; white-space: normal; letter-spacing: normal; color: #000000; word-spacing: 0px; -webkit-text-stroke-width: 0px;">The Company considers highly liquid investments with maturities of three months or less at the date of purchase to be cash equivalents.</div>
<div style="widows: 1; text-transform: none; margin-top: 12pt; text-indent: 0px; font: bold 13px/11pt 'times new roman', times, serif; white-space: normal; letter-spacing: normal; color: #000000; word-spacing: 0px; -webkit-text-stroke-width: 0px;">Direct Written Premiums</div>
<div style="widows: 1; text-transform: none; margin-top: 6pt; text-indent: 20pt; font: 13px/12pt 'times new roman', times, serif; white-space: normal; letter-spacing: normal; color: #000000; word-spacing: 0px; -webkit-text-stroke-width: 0px;">Direct written premiums are earned on a pro rata basis over the terms of the policies, generally 12 months. The portion of premiums written applicable to the unexpired terms of the policies in force is recorded as unearned premiums. Policies are accounted for on an individual basis, with no aggregation by counterparty.</div>
<div style="widows: 1; text-transform: none; margin-top: 12pt; text-indent: 0px; font: bold 13px/11pt 'times new roman', times, serif; white-space: normal; letter-spacing: normal; color: #000000; word-spacing: 0px; -webkit-text-stroke-width: 0px;">Assumed Reinsurance Premiums</div>
<div style="widows: 1; text-transform: none; margin-top: 6pt; text-indent: 20pt; font: 13px/12pt 'times new roman', times, serif; white-space: normal; letter-spacing: normal; color: #000000; word-spacing: 0px; -webkit-text-stroke-width: 0px;">Assumed reinsurance written premiums include amounts reported by brokers and ceding companies, supplemented by the Company’s own estimates of premiums when reports have not been received. Premiums on the Company’s excess of loss and pro rata reinsurance contracts are estimated when the business is underwritten. For excess of loss contracts, the deposit premium, as defined in the contract, is generally recorded as an estimate of premiums written at the inception date of the treaty. Estimates of premiums written under pro rata contracts are recorded in the period in which the underlying risks are expected to begin and are based on information provided by the brokers and the ceding companies.</div>
<div style="widows: 1; text-transform: none; margin-top: 6pt; text-indent: 20pt; font: 13px/12pt 'times new roman', times, serif; white-space: normal; letter-spacing: normal; color: #000000; word-spacing: 0px; -webkit-text-stroke-width: 0px;">Reinsurance premium estimates are reviewed by management periodically. Any adjustment to these estimates is recorded in the period in which it becomes known.</div>
<div style="widows: 1; text-transform: none; margin-top: 6pt; text-indent: 20pt; font: 13px/12pt 'times new roman', times, serif; white-space: normal; letter-spacing: normal; color: #000000; word-spacing: 0px; -webkit-text-stroke-width: 0px;">
<div style="widows: 1; text-transform: none; margin-top: 1pt; text-indent: 20pt; font: 13px/12pt 'times new roman', times, serif; white-space: normal; letter-spacing: normal; color: #000000; word-spacing: 0px; -webkit-text-stroke-width: 0px;">
<div style="widows: 1; text-transform: none; margin-top: 1pt; text-indent: 20pt; font: 13px/12pt 'times new roman', times, serif; white-space: normal; letter-spacing: normal; color: #000000; word-spacing: 0px; -webkit-text-stroke-width: 0px;">Reinsurance premiums assumed are earned over the terms of the underlying policies or reinsurance contracts. Contracts and policies written on a “losses occurring” basis cover claims that may occur during the term of the contract or policy, which is typically 12 months. Accordingly, the premium is earned evenly over the term. Contracts which are written on a “risks attaching” basis cover claims which attach to the underlying insurance policies written during the terms of such contracts. Premiums earned on such contracts usually extend beyond the original term of the reinsurance contract, typically resulting in recognition of premiums earned over a 24-month period in proportion to the level of underlying exposure. Contracts are accounted for on an individual basis, with no aggregation by counterparty.</div>
<div style="widows: 1; text-transform: none; margin-top: 10.02pt; text-indent: 0px; font: bold 13px/11pt 'times new roman', times, serif; white-space: normal; letter-spacing: normal; color: #000000; word-spacing: 0px; -webkit-text-stroke-width: 0px;">Premiums Receivable and Agents’ Balances, Net</div>
<div style="widows: 1; text-transform: none; margin-top: 4.02pt; text-indent: 20pt; font: 13px/12pt 'times new roman', times, serif; white-space: normal; letter-spacing: normal; color: #000000; word-spacing: 0px; -webkit-text-stroke-width: 0px;">Premiums receivable and agents’ balances are carried at face value net of any allowance for doubtful accounts, which approximates fair value. The allowance for doubtful accounts represents an estimate of amounts considered uncollectible based on the Company’s assessment of the collectability of receivables that are past due. Receivables greater than 90 days past due were $2.6 million and $1.8 million at December 31, 2015 and 2014, respectively. The allowance for doubtful accounts was $2.8 million and $2.0 million at December 31, 2015 and 2014, respectively. Bad debt expense was $1.1 million for the year ended December 31, 2015, $812,000 for the year ended December 31, 2014, and $459,000 for the year ended December 31, 2013. Receivables written off against the allowance for doubtful accounts totaled $268,000 for the year ended December 31, 2015, $528,000 for the year ended December 31, 2014, and $978,000 for the year ended December 31, 2013. Account balances are charged off against the allowance after all means of collection have been exhausted and the potential for recovery is considered remote. </div>
<div style="widows: 1; text-transform: none; margin-top: 4.02pt; text-indent: 20pt; font: 13px/12pt 'times new roman', times, serif; white-space: normal; letter-spacing: normal; color: #000000; word-spacing: 0px; -webkit-text-stroke-width: 0px;">
<div style="widows: 1; text-transform: none; margin-top: 10.02pt; text-indent: 0px; font: bold 13px/11pt 'times new roman', times, serif; white-space: normal; letter-spacing: normal; color: #000000; word-spacing: 0px; -webkit-text-stroke-width: 0px;">Deferred Policy Acquisition Costs</div>
<div style="widows: 1; text-transform: none; margin-top: 4.02pt; text-indent: 20pt; font: 13px/12pt 'times new roman', times, serif; white-space: normal; letter-spacing: normal; color: #000000; word-spacing: 0px; -webkit-text-stroke-width: 0px;">Costs which are incrementally or directly related to the successful acquisition of new or renewal insurance business are deferred. These deferred costs are primarily commissions to agents, ceding commissions paid on reinsurance assumed, premium taxes, and the portion of underwriting fixed compensation and payroll related fringe benefits directly related to an insurance contract that has been acquired, net of ceding commissions related to reinsurance ceded. Amortization of such policy acquisition costs is charged to expense in proportion to premium earned over the estimated policy life. To the extent that unearned premiums on existing policies are not adequate to cover projected related costs and expenses, deferred policy acquisition costs are charged to earnings. The Company considers anticipated investment income in determining whether a premium deficiency exists.</div>
<div style="widows: 1; text-transform: none; margin-top: 10.02pt; text-indent: 0px; font: bold 13px/11pt 'times new roman', times, serif; white-space: normal; letter-spacing: normal; color: #000000; word-spacing: 0px; -webkit-text-stroke-width: 0px;">Reinsurance and Adjustable Features of Insurance and Reinsurance Contracts</div>
<div style="widows: 1; text-transform: none; margin-top: 4.02pt; text-indent: 20pt; font: 13px/12pt 'times new roman', times, serif; white-space: normal; letter-spacing: normal; color: #000000; word-spacing: 0px; -webkit-text-stroke-width: 0px;">Certain premiums and losses are ceded to other insurance companies or assumed from other insurance companies under various excess of loss and quota-share reinsurance contracts. The Company enters into ceded reinsurance contracts to limit its exposure to large losses, to limit exposure on new lines of insurance written by the Company, and to provide additional capacity for growth.</div>
<div style="widows: 1; text-transform: none; margin-top: 5.02pt; text-indent: 20pt; font: 13px/12pt 'times new roman', times, serif; white-space: normal; letter-spacing: normal; color: #000000; word-spacing: 0px; -webkit-text-stroke-width: 0px;">Premiums, commissions, and losses and loss adjustment expenses on reinsured business are accounted for on a basis consistent with that used in accounting for the original policies issued and the terms of the reinsurance contracts. Reinsurance recoverables and prepaid reinsurance premiums are reported as assets. Other amounts payable to insurance companies and reinsurers or receivable from insurance companies and reinsurers are netted where the right of offset exists. The Company receives ceding commissions in connection with certain ceded reinsurance. The ceding commissions are recorded as a reduction of other operating expenses.</div>
<div style="widows: 1; text-transform: none; margin-top: 5.01pt; text-indent: 20pt; font: 13px/12pt 'times new roman', times, serif; white-space: normal; letter-spacing: normal; color: #000000; word-spacing: 0px; -webkit-text-stroke-width: 0px;">Certain reinsurance contracts of the Casualty Reinsurance segment include provisions that adjust premiums or acquisition expenses based upon the experience under the contracts. Premiums written and earned, as well as related acquisition expenses are recorded based upon the projected experience under the contracts.</div>
</div>
</div>
<div style="widows: 1; text-transform: none; margin-top: 1pt; text-indent: 20pt; font: 13px/12pt 'times new roman', times, serif; white-space: normal; letter-spacing: normal; color: #000000; word-spacing: 0px; -webkit-text-stroke-width: 0px;"> </div>
<div style="widows: 1; text-transform: none; margin-top: 1pt; text-indent: 20pt; font: 13px/12pt 'times new roman', times, serif; white-space: normal; letter-spacing: normal; color: #000000; word-spacing: 0px; -webkit-text-stroke-width: 0px;"> The Company’s Specialty Admitted Insurance segment writes insurance under specialty admitted program and fronting arrangements. The program and fronting arrangements may contain contractual provisions that adjust acquisition expenses based upon loss experience under the contracts. The specialty admitted programs and fronting arrangements are significantly reinsured. These reinsurance contracts may also contain provisions that adjust premiums or acquisition expenses based upon the loss experience under the contracts.</div>
<div style="widows: 1; text-transform: none; margin-top: 6pt; text-indent: 20pt; font: 13px/12pt 'times new roman', times, serif; white-space: normal; letter-spacing: normal; color: #000000; word-spacing: 0px; -webkit-text-stroke-width: 0px;">
<div style="widows: 1; text-transform: none; margin-top: 9.03pt; text-indent: 0px; font: bold 13px/11pt 'times new roman', times, serif; white-space: normal; letter-spacing: normal; color: #000000; word-spacing: 0px; -webkit-text-stroke-width: 0px;">Other Income</div>
<div style="widows: 1; text-transform: none; margin-top: 4.02pt; text-indent: 20pt; font: 13px/12pt 'times new roman', times, serif; white-space: normal; letter-spacing: normal; color: #000000; word-spacing: 0px; -webkit-text-stroke-width: 0px;">Other income is principally comprised of fee income earned on policies for which the Company has no exposure to underwriting risk. Net fee income of  $3.2 million, $883,000, and $0 is included in other income for the years ended December 31, 2015, 2014, and 2013, respectively. Fees are earned on a pro rata basis over the service period of the underlying business. Policies are accounted for on an individual basis, with no aggregation by counterparty.</div>
<div style="widows: 1; text-transform: none; margin-top: 9.02pt; text-indent: 0px; font: bold 13px/11pt 'times new roman', times, serif; white-space: normal; letter-spacing: normal; color: #000000; word-spacing: 0px; -webkit-text-stroke-width: 0px;">Income Taxes</div>
<div style="widows: 1; text-transform: none; margin-top: 4.02pt; text-indent: 20pt; font: 13px/12pt 'times new roman', times, serif; white-space: normal; letter-spacing: normal; color: #000000; word-spacing: 0px; -webkit-text-stroke-width: 0px;">Deferred tax assets and deferred tax liabilities are provided for the future tax consequences attributable to temporary differences between the financial statement carrying amounts of assets and liabilities and their respective U.S. tax bases. Deferred tax assets and liabilities are measured using enacted U.S. corporate tax rates expected to apply to taxable income in the years in which those temporary differences are expected to be recovered or settled. Deferred tax assets are reduced by a valuation allowance only when management believes it is more likely than not that some, or all, of the deferred tax assets will not be realized.</div>
<div style="widows: 1; text-transform: none; margin-top: 9.03pt; text-indent: 0px; font: bold 13px/11pt 'times new roman', times, serif; white-space: normal; letter-spacing: normal; color: #000000; word-spacing: 0px; -webkit-text-stroke-width: 0px;">Goodwill</div>
<div style="widows: 1; text-transform: none; margin-top: 4.02pt; text-indent: 20pt; font: 13px/12pt 'times new roman', times, serif; white-space: normal; letter-spacing: normal; color: #000000; word-spacing: 0px; -webkit-text-stroke-width: 0px;">Goodwill is tested annually for impairment in the fourth quarter of each calendar year, or more frequently if events or changes in circumstances indicate that the carrying amount of the Company’s reporting units, including goodwill, may exceed their fair values. The Company first assesses qualitative factors in determining whether it is necessary to perform the quantitative goodwill impairment test. Only if management determines that it is more likely than not that the fair value of a reporting unit is less than the carrying value based on qualitative factors would it be required to perform the quantitative goodwill impairment test. If management concludes that quantitative goodwill impairment testing is required, the fair value of the reporting units is determined using a combination of a market approach and an income approach which projects the future cash flows produced by the reporting units and discounts those cash flows to their present value. The projection of future cash flows is necessarily dependent upon assumptions on the future levels of income as well as business trends, prospects, market, and economic conditions. The results of the two approaches are weighted to determine the fair value of each reporting unit. When the fair value is less than the carrying value of the net assets of the reporting unit, including goodwill, an impairment loss is charged to operations. To determine the amount of any goodwill impairment, the implied fair value of reporting unit goodwill is compared to the carrying amount of that goodwill. The implied fair value of goodwill is determined in the same manner as the amount of goodwill recognized in a business combination is determined. That is, the fair value of a reporting unit is assigned to all of the assets and liabilities of that unit (including any unrecognized intangible assets) as if the reporting unit had been acquired in a business combination. The excess of the fair value of a reporting unit over the amounts assigned to its assets and liabilities is the implied fair value of goodwill.</div>
<div style="widows: 1; text-transform: none; margin-top: 9.02pt; text-indent: 0px; font: bold 13px/11pt 'times new roman', times, serif; white-space: normal; letter-spacing: normal; color: #000000; word-spacing: 0px; -webkit-text-stroke-width: 0px;">Intangible Assets, Net</div>
<div style="widows: 1; text-transform: none; margin-top: 4.02pt; text-indent: 20pt; font: 13px/12pt 'times new roman', times, serif; white-space: normal; letter-spacing: normal; color: #000000; word-spacing: 0px; -webkit-text-stroke-width: 0px;">Intangible assets are initially recognized and measured at fair value. Specifically identified intangible assets with indefinite lives include trademarks and state insurance licenses and authorities. Other specifically identified intangible assets with lives ranging from 7.0 to 27.5 years represent relationships with brokers. These intangible assets are amortized on a straight-line basis over their estimated useful lives.</div>
<div style="widows: 1; text-transform: none; margin-top: 4.02pt; text-indent: 20pt; font: 13px/12pt 'times new roman', times, serif; white-space: normal; letter-spacing: normal; color: #000000; word-spacing: 0px; -webkit-text-stroke-width: 0px;">
<div style="widows: 1; text-transform: none; margin-top: 1pt; text-indent: 20pt; font: 13px/12pt 'times new roman', times, serif; white-space: normal; letter-spacing: normal; color: #000000; word-spacing: 0px; -webkit-text-stroke-width: 0px;">Intangible assets with indefinite useful lives are reviewed for impairment at least annually. In evaluating whether there has been impairment to the intangible asset, management determines the fair value of the intangible asset and compares the resulting fair value to the carrying value of the intangible asset. If the carrying value exceeds the fair value, the intangible asset is written down to fair value, and the impairment is reported through earnings. The Company evaluates intangible assets with definite lives for impairment when impairment indicators are noted.</div>
<div style="widows: 1; text-transform: none; margin-top: 12pt; text-indent: 0px; font: bold 13px/11pt 'times new roman', times, serif; white-space: normal; letter-spacing: normal; color: #000000; word-spacing: 0px; -webkit-text-stroke-width: 0px;">Impairment of Long-Lived Assets</div>
<div style="widows: 1; text-transform: none; margin-top: 6pt; text-indent: 20pt; font: 13px/12pt 'times new roman', times, serif; white-space: normal; letter-spacing: normal; color: #000000; word-spacing: 0px; -webkit-text-stroke-width: 0px;">Long-lived assets with finite lives are tested for impairment whenever recognized events or changes in circumstances indicate the carrying value of these assets may not be recoverable. If indicators of impairment are present, fair value is calculated using estimated future cash flows expected to be generated from the use of those assets. An impairment loss is recognized only if the carrying amount of a long-lived asset or asset group is not recoverable and exceeds its fair value. The carrying amount of a long-lived asset or asset group is not recoverable if it exceeds the sum of the undiscounted cash flows expected to result from the use and eventual disposition of the asset or asset group. That assessment is based on the carrying amount of the asset or asset group at the date it is tested for recoverability. An impairment loss is measured as the amount by which the carrying amount of a long-lived asset or asset group exceeds its fair value.</div>
<div style="widows: 1; text-transform: none; margin-top: 12pt; text-indent: 0px; font: bold 13px/11pt 'times new roman', times, serif; white-space: normal; letter-spacing: normal; color: #000000; word-spacing: 0px; -webkit-text-stroke-width: 0px;">Property and Equipment, Net</div>
<div style="widows: 1; text-transform: none; margin-top: 6pt; text-indent: 20pt; font: 13px/12pt 'times new roman', times, serif; white-space: normal; letter-spacing: normal; color: #000000; word-spacing: 0px; -webkit-text-stroke-width: 0px;">Property and equipment, which is included in “other assets” in the accompanying consolidated balance sheets, is reported at cost less accumulated depreciation and is depreciated principally on a straight-line basis over the estimated useful lives of the depreciable assets, generally three to ten years.</div>
<div style="widows: 1; text-transform: none; margin-top: 6pt; text-indent: 20pt; font: 13px/12pt 'times new roman', times, serif; white-space: normal; letter-spacing: normal; color: #000000; word-spacing: 0px; -webkit-text-stroke-width: 0px;">In the event the Company has been deemed the owner for accounting purposes of construction projects in lease arrangements, the estimated construction costs incurred to date are recorded as assets in property and equipment, net and included in “other assets” in the accompanying consolidated balance sheets. Upon occupancy of facilities under lease, the Company assesses whether arrangements qualify for sales recognition under the sale-leaseback accounting guidance. If the Company continues to be the deemed owner for accounting purposes, the cost of the building is depreciated over its estimated useful life.</div>
<div style="widows: 1; text-transform: none; margin-top: 12pt; text-indent: 0px; font: bold 13px/11pt 'times new roman', times, serif; white-space: normal; letter-spacing: normal; color: #000000; word-spacing: 0px; -webkit-text-stroke-width: 0px;">Reserve for Losses and Loss Adjustment Expenses</div>
<div style="widows: 1; text-transform: none; margin-top: 6pt; text-indent: 20pt; font: 13px/12pt 'times new roman', times, serif; white-space: normal; letter-spacing: normal; color: #000000; word-spacing: 0px; -webkit-text-stroke-width: 0px;">The reserve for losses and loss adjustment expenses represents the estimated ultimate cost of all reported and unreported losses and loss adjustment expenses incurred and unpaid at the balance sheet date. The Company does not discount this reserve. The process of estimating the reserves for losses and loss adjustment expenses requires a high degree of judgment and is subject to a number of variables. The reserve for losses and loss adjustment expenses is estimated using individual case-basis valuations and statistical analyses. Those estimates are subject to the effects of trends in loss severity and frequency.</div>
<div style="widows: 1; text-transform: none; margin-top: 6pt; text-indent: 20pt; font: 13px/12pt 'times new roman', times, serif; white-space: normal; letter-spacing: normal; color: #000000; word-spacing: 0px; -webkit-text-stroke-width: 0px;">The Company utilizes various actuarially-accepted reserving methodologies in determining the continuum of expected outcomes for its reserves. These methodologies utilize various inputs, including management’s initial expected loss ratio (the ratio of losses and loss adjustment expenses incurred to net earned premiums), expected reporting patterns and payment patterns for losses and loss adjustment expenses (based on insurance industry data and the Company’s own experience), and the Company’s actual paid and reported losses and loss adjustment expenses. An internal actuary reviews these results and (after applying appropriate professional judgment and other actuarial techniques that are considered necessary) presents recommendations to the Company’s management. Management uses this information and the results of independent actuarial reviews performed in the third and fourth quarters of each year as well as its judgment to make decisions on the final recorded reserve for losses and loss adjustment expenses.</div>
<div style="widows: 1; text-transform: none; margin-top: 6pt; text-indent: 20pt; font: 13px/12pt 'times new roman', times, serif; white-space: normal; letter-spacing: normal; color: #000000; word-spacing: 0px; -webkit-text-stroke-width: 0px;">
<div style="widows: 1; text-transform: none; margin-top: 1pt; text-indent: 0px; font: 13px/12pt 'times new roman', times, serif; white-space: normal; letter-spacing: normal; color: #000000; word-spacing: 0px; -webkit-text-stroke-width: 0px;">Management believes that the use of judgment is necessary to arrive at a best estimate for the reserve for losses and loss adjustment expenses given the long-tailed nature of the business generally written by the Company and the limited operating experience of the Casualty Reinsurance segment and of the program and fronting business in the Specialty Admitted Insurance segment.</div>
<div style="widows: 1; text-transform: none; margin-top: 6pt; text-indent: 20pt; font: 13px/12pt 'times new roman', times, serif; white-space: normal; letter-spacing: normal; color: #000000; word-spacing: 0px; -webkit-text-stroke-width: 0px;">Catastrophes of significant magnitude, including hurricanes and earthquakes, involve complex coverage issues. In estimating the reserve for losses and loss adjustment expenses for these catastrophes, management uses case reserve estimates based on information obtained from site inspections by the Company’s adjustors and the terms of coverage provided in the policies. Management estimates reserves for incurred but not reported claims for these catastrophes using judgment based on an assessment of the Company’s property insurance exposures where the catastrophes occur and the Company’s progress in settling claims.</div>
<div style="widows: 1; text-transform: none; margin-top: 6pt; text-indent: 20pt; font: 13px/12pt 'times new roman', times, serif; white-space: normal; letter-spacing: normal; color: #000000; word-spacing: 0px; -webkit-text-stroke-width: 0px;">Although management believes that the reserve for losses and loss adjustment expenses is reasonable, it is possible that the Company’s actual incurred losses and loss adjustment expenses will not develop in a manner consistent with the assumptions inherent in the determination of these reserves. Specifically, the Company’s actual ultimate loss ratio could differ from management’s initial expected loss ratio and/or the Company’s actual reporting patterns for losses could differ from the expected reporting patterns. Accordingly, the ultimate settlement of losses and the related loss adjustment expenses may vary significantly from the estimates included in the Company’s consolidated financial statements. These estimates are reviewed continually by management and are adjusted as necessary as experience develops or new information becomes known; such adjustments are included in current operations.</div>
<div style="widows: 1; text-transform: none; margin-top: 12pt; text-indent: 0px; font: bold 13px/11pt 'times new roman', times, serif; white-space: normal; letter-spacing: normal; color: #000000; word-spacing: 0px; -webkit-text-stroke-width: 0px;">Share Based Compensation</div>
<div style="widows: 1; text-transform: none; margin-top: 6pt; text-indent: 20pt; font: 13px/12pt 'times new roman', times, serif; white-space: normal; letter-spacing: normal; color: #000000; word-spacing: 0px; -webkit-text-stroke-width: 0px;">The Company expenses the fair value of share equity awards over the vesting period of the award on a straight-line basis. The Black-Scholes-Merton option pricing model is used to value the options granted (see Note 11). As the share based compensation expense is incurred, a corresponding increase to additional paid-in capital in shareholders’ equity is recognized. Share based compensation expense is reflected in “other operating expenses” in the accompanying consolidated statements of income and comprehensive income.</div>
<div style="widows: 1; text-transform: none; margin-top: 12pt; text-indent: 0px; font: bold 13px/11pt 'times new roman', times, serif; white-space: normal; letter-spacing: normal; color: #000000; word-spacing: 0px; -webkit-text-stroke-width: 0px;">Financing Obligations</div>
<div style="widows: 1; text-transform: none; margin-top: 6pt; text-indent: 20pt; font: 13px/12pt 'times new roman', times, serif; white-space: normal; letter-spacing: normal; color: #000000; word-spacing: 0px; -webkit-text-stroke-width: 0px;">In a lease arrangement where the Company made a minority investment in a partnership that was involved in the construction of a building, the Company was deemed the owner for accounting purposes during the construction period. The Company recorded an asset for the amount of the total project costs and the related financing obligation is included in “other liabilities” in the accompanying consolidated balance sheets. Once construction was completed, the Company determined the arrangement did not qualify for sale-lease back treatment. Accordingly, the Company continues to reduce the obligation over the lease term as payments are made and depreciates the asset over its useful life. The Company does not report rent expense for the portion of the rent payment determined to be related to the assets which are owned for accounting purposes. Rather, this portion of the rent payment under the lease is recognized as a reduction of the financing obligation and as interest expense.</div>
<div style="widows: 1; text-transform: none; margin-top: 12pt; text-indent: 0px; font: bold 13px/11pt 'times new roman', times, serif; white-space: normal; letter-spacing: normal; color: #000000; word-spacing: 0px; -webkit-text-stroke-width: 0px;">Variable Interest Entities</div>
<div style="widows: 1; text-transform: none; margin-top: 6pt; text-indent: 20pt; font: 13px/12pt 'times new roman', times, serif; white-space: normal; letter-spacing: normal; color: #000000; word-spacing: 0px; -webkit-text-stroke-width: 0px;">Entities that do not have sufficient equity at risk to allow the entity to finance its activities without additional financial support or in which the equity investors, as a group, do not have the characteristic of a controlling financial interest are referred to as variable interest entities (“VIE”). A VIE is consolidated by the variable interest holder that is determined to have the controlling financial interest (primary beneficiary) as a result of having both the power to direct the activities of a VIE that most significantly impact the VIE’s economic performance and the obligation to absorb losses or right to receive benefits from the VIE that could potentially be significant to the VIE. The Company determines whether it is the primary beneficiary of an entity subject to consolidation based on a qualitative assessment of the VIE’s capital structure, contractual terms, nature of the VIE’s operations and purpose, and the Company’s relative exposure to the related risks of the VIE on the date it becomes initially involved in the VIE. The Company reassesses its VIE determination with respect to an entity on an ongoing basis.
<div style="widows: 1; text-transform: none; margin-top: 6pt; text-indent: 20pt; font: 13px/12pt 'times new roman', times, serif; white-space: normal; letter-spacing: normal; color: #000000; word-spacing: 0px; -webkit-text-stroke-width: 0px;">The Company holds interests in VIEs through certain equity method investments included in “other invested assets” in the accompanying consolidated balance sheets. The Company has determined that it should not consolidate any of the VIEs as it is not the primary beneficiary in any of the relationships. Although the investments resulted in the Company holding variable interests in the entities, they did not empower the Company to direct the activities that most significantly impact the economic performance of the entities. The Company’s investments related to these VIEs totaled $26.0 million and $25.1 million as of December 31, 2015 and 2014, respectively, representing the Company’s maximum exposure to loss.</div>
<div style="widows: 1; text-transform: none; margin-top: 12pt; text-indent: 0px; font: bold 13px/11pt 'times new roman', times, serif; white-space: normal; letter-spacing: normal; color: #000000; word-spacing: 0px; -webkit-text-stroke-width: 0px;">Earnings Per Share </div>
</div>
<div style="widows: 1; text-transform: none; margin-top: 6pt; text-indent: 20pt; font: 13px/12pt 'times new roman', times, serif; white-space: normal; letter-spacing: normal; color: #000000; word-spacing: 0px; -webkit-text-stroke-width: 0px;">Basic earnings per share excludes dilution and is computed by dividing income available to common shareholders by the weighted-average number of common shares outstanding for the period. Diluted earnings per share reflects the dilution that could occur if securities or other contracts to issue common shares or common share equivalents were exercised or converted into common shares as calculated using the treasury stock method. When inclusion of common share equivalents increases the earnings per share or reduces the loss per share, the effect on earnings is anti-dilutive, and the diluted net earnings or net loss per share is computed excluding these common share equivalents.</div>
<div style="widows: 1; text-transform: none; margin-top: 6pt; text-indent: 20pt; font: 13px/12pt 'times new roman', times, serif; white-space: normal; letter-spacing: normal; color: #000000; word-spacing: 0px; -webkit-text-stroke-width: 0px;">The following represents a reconciliation of the numerator and denominator of the basic and diluted earnings per share computations contained in the consolidated financial statements.</div>
<table style="widows: 1; text-transform: none; margin-top: 8pt; text-indent: 0px; width: 80%; border-collapse: collapse; font: 13px 'times new roman', times, serif; white-space: normal; letter-spacing: normal; height: 198px; color: #000000; margin-left: 20pt; word-spacing: 0px; -webkit-text-stroke-width: 0px;" border="0">
<tr style="text-align: center; text-transform: none; font: bold 8pt/9pt 'times new roman', times, serif; white-space: nowrap; color: #000000; vertical-align: bottom;">
<td style="border-bottom: #ffffff 1px solid; text-align: left; padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="border-bottom: #ffffff 1px solid; padding: 0pt;">​</td>
<td style="border-bottom: #ffffff 1px solid; padding: 0pt;">​</td>
<td style="border-bottom: #000000 1px solid; padding-bottom: 0.667pt; padding-left: 0pt; padding-right: 0pt; padding-top: 0pt;" colspan="4">
<div style="text-align: center;">Income <br />(Numerator)</div>
</td>
<td style="border-bottom: #ffffff 1px solid; padding: 0pt;">​</td>
<td style="border-bottom: #ffffff 1px solid; padding: 0pt;">​</td>
<td style="border-bottom: #000000 1px solid; padding-bottom: 0.667pt; padding-left: 0pt; padding-right: 0pt; padding-top: 0pt;" colspan="4">
<div style="text-align: center;">Weighted-Average <br />Common Shares <br />(Denominator)</div>
</td>
<td style="border-bottom: #ffffff 1px solid; padding: 0pt;">​</td>
<td style="border-bottom: #ffffff 1px solid; padding: 0pt;">​</td>
<td style="border-bottom: #000000 1px solid; padding-bottom: 0.667pt; padding-left: 0pt; padding-right: 0pt; padding-top: 0pt;" colspan="4">
<div style="text-align: center;">Earnings <br />Per Share</div>
</td>
<td style="border-bottom: #ffffff 1px solid; padding: 0pt;">​</td>
</tr>
<tr style="text-align: left; text-transform: none; font: bold italic 8pt/8pt 'times new roman', times, serif; white-space: nowrap; color: #000000; vertical-align: bottom;">
<td style="padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="text-align: center; padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 1.75pt;" colspan="16">
<div style="text-align: center; white-space: nowrap;">(in thousands, except per share data)</div>
</td>
<td style="padding: 0pt;">​</td>
</tr>
<tr style="text-align: left; text-transform: none; background-color: #cceeff; font: bold 10pt/10pt 'times new roman', times, serif; white-space: nowrap; color: #000000; vertical-align: bottom;">
<td style="padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 2pt;">Year ended December 31, 2015</td>
<td style="padding: 0pt;">​</td>
<td colspan="6">​</td>
<td colspan="6">​</td>
<td colspan="6">​</td>
</tr>
<tr style="text-align: right; text-transform: none; font: 10pt/10pt 'times new roman', times, serif; white-space: nowrap; color: #000000; vertical-align: bottom;">
<td style="text-align: left; padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 2pt;">
<div style="white-space: nowrap;">Basic</div>
</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding-bottom: 0pt; padding-left: 4.555pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 2pt;">$</td>
<td style="padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 2pt;">53,497</td>
<td style="padding-bottom: 0pt; padding-left: 4.555pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding-bottom: 0pt; padding-left: 7.46pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 2pt;">​</td>
<td style="padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 2pt;">28,662,051</td>
<td style="padding-bottom: 0pt; padding-left: 7.46pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding-bottom: 0pt; padding-left: 3.39pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 2pt;">$</td>
<td style="padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 2pt;">1.87</td>
<td style="padding-bottom: 0pt; padding-left: 3.39pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
</tr>
<tr style="text-align: right; text-transform: none; background-color: #cceeff; font: 10pt/10pt 'times new roman', times, serif; white-space: nowrap; color: #000000; vertical-align: bottom;">
<td style="border-bottom: #cceeff 1px solid; text-align: left; padding-bottom: 1pt; padding-left: 0pt; padding-right: 0pt; padding-top: 2pt;">
<div style="white-space: nowrap;">Common share equivalents</div>
</td>
<td style="border-bottom: #cceeff 1px solid; padding: 0pt;">​</td>
<td style="border-bottom: #cceeff 1px solid; padding: 0pt;">​</td>
<td style="border-bottom: #cceeff 1px solid; padding-bottom: 0pt; padding-left: 4.555pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="border-bottom: #000000 1px solid; padding-bottom: 1pt; padding-left: 0pt; padding-right: 0pt; padding-top: 2pt;">​</td>
<td style="border-bottom: #000000 1px solid; padding-bottom: 1pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 2pt;">—</td>
<td style="border-bottom: #cceeff 1px solid; padding-bottom: 0pt; padding-left: 4.555pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="border-bottom: #cceeff 1px solid; padding: 0pt;">​</td>
<td style="border-bottom: #cceeff 1px solid; padding: 0pt;">​</td>
<td style="border-bottom: #cceeff 1px solid; padding-bottom: 0pt; padding-left: 7.46pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="border-bottom: #000000 1px solid; padding-bottom: 1pt; padding-left: 0pt; padding-right: 0pt; padding-top: 2pt;">​</td>
<td style="border-bottom: #000000 1px solid; padding-bottom: 1pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 2pt;">672,867</td>
<td style="border-bottom: #cceeff 1px solid; padding-bottom: 0pt; padding-left: 7.46pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="border-bottom: #cceeff 1px solid; padding: 0pt;">​</td>
<td style="border-bottom: #cceeff 1px solid; padding: 0pt;">​</td>
<td style="border-bottom: #cceeff 1px solid; padding-bottom: 0pt; padding-left: 3.39pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="border-bottom: #000000 1px solid; padding-bottom: 1pt; padding-left: 0pt; padding-right: 0pt; padding-top: 2pt;">​</td>
<td style="border-bottom: #000000 1px solid; padding-bottom: 1pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 2pt;">(0.05<font style="position: absolute;">)</font></td>
<td style="border-bottom: #cceeff 1px solid; padding-bottom: 0pt; padding-left: 3.39pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="border-bottom: #cceeff 1px solid; padding: 0pt;">​</td>
</tr>
<tr style="text-align: right; text-transform: none; font: 10pt/10pt 'times new roman', times, serif; white-space: nowrap; color: #000000; vertical-align: bottom;">
<td style="text-align: left; padding-bottom: 1.75pt; padding-left: 0pt; padding-right: 0pt; padding-top: 1.75pt;">
<div style="white-space: nowrap;">Diluted</div>
</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding-bottom: 0pt; padding-left: 4.555pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="border-bottom: #000000 3px double; padding-bottom: 1pt; padding-left: 0pt; padding-right: 0pt; padding-top: 1.75pt;">$</td>
<td style="border-bottom: #000000 3px double; padding-bottom: 1pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 1.75pt;">53,497</td>
<td style="padding-bottom: 0pt; padding-left: 4.555pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding-bottom: 0pt; padding-left: 7.46pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="border-bottom: #000000 3px double; padding-bottom: 1pt; padding-left: 0pt; padding-right: 0pt; padding-top: 1.75pt;">​</td>
<td style="border-bottom: #000000 3px double; padding-bottom: 1pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 1.75pt;">29,334,918</td>
<td style="padding-bottom: 0pt; padding-left: 7.46pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding-bottom: 0pt; padding-left: 3.39pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="border-bottom: #000000 3px double; padding-bottom: 1pt; padding-left: 0pt; padding-right: 0pt; padding-top: 1.75pt;">$</td>
<td style="border-bottom: #000000 3px double; padding-bottom: 1pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 1.75pt;">1.82</td>
<td style="padding-bottom: 0pt; padding-left: 3.39pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
</tr>
<tr style="text-align: left; text-transform: none; background-color: #cceeff; font: bold 10pt/10pt 'times new roman', times, serif; white-space: nowrap; color: #000000; vertical-align: bottom;">
<td style="padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 7.25pt;">Year ended December 31, 2014</td>
<td style="padding: 0pt;">​</td>
<td colspan="6">​</td>
<td colspan="6">​</td>
<td colspan="6">​</td>
</tr>
<tr style="text-align: right; text-transform: none; font: 10pt/10pt 'times new roman', times, serif; white-space: nowrap; color: #000000; vertical-align: bottom;">
<td style="text-align: left; padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 2pt;">
<div style="white-space: nowrap;">Basic</div>
</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding-bottom: 0pt; padding-left: 4.555pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 2pt;">$</td>
<td style="padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 2pt;">44,685</td>
<td style="padding-bottom: 0pt; padding-left: 4.555pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding-bottom: 0pt; padding-left: 7.46pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 2pt;">​</td>
<td style="padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 2pt;">28,540,350</td>
<td style="padding-bottom: 0pt; padding-left: 7.46pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding-bottom: 0pt; padding-left: 3.39pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 2pt;">$</td>
<td style="padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 2pt;">1.57</td>
<td style="padding-bottom: 0pt; padding-left: 3.39pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
</tr>
<tr style="text-align: right; text-transform: none; background-color: #cceeff; font: 10pt/10pt 'times new roman', times, serif; white-space: nowrap; color: #000000; vertical-align: bottom;">
<td style="border-bottom: #cceeff 1px solid; text-align: left; padding-bottom: 1pt; padding-left: 0pt; padding-right: 0pt; padding-top: 2pt;">
<div style="white-space: nowrap;">Common share equivalents</div>
</td>
<td style="border-bottom: #cceeff 1px solid; padding: 0pt;">​</td>
<td style="border-bottom: #cceeff 1px solid; padding: 0pt;">​</td>
<td style="border-bottom: #cceeff 1px solid; padding-bottom: 0pt; padding-left: 4.555pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="border-bottom: #000000 1px solid; padding-bottom: 1pt; padding-left: 0pt; padding-right: 0pt; padding-top: 2pt;">​</td>
<td style="border-bottom: #000000 1px solid; padding-bottom: 1pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 2pt;">—</td>
<td style="border-bottom: #cceeff 1px solid; padding-bottom: 0pt; padding-left: 4.555pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="border-bottom: #cceeff 1px solid; padding: 0pt;">​</td>
<td style="border-bottom: #cceeff 1px solid; padding: 0pt;">​</td>
<td style="border-bottom: #cceeff 1px solid; padding-bottom: 0pt; padding-left: 7.46pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="border-bottom: #000000 1px solid; padding-bottom: 1pt; padding-left: 0pt; padding-right: 0pt; padding-top: 2pt;">​</td>
<td style="border-bottom: #000000 1px solid; padding-bottom: 1pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 2pt;">269,951</td>
<td style="border-bottom: #cceeff 1px solid; padding-bottom: 0pt; padding-left: 7.46pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="border-bottom: #cceeff 1px solid; padding: 0pt;">​</td>
<td style="border-bottom: #cceeff 1px solid; padding: 0pt;">​</td>
<td style="border-bottom: #cceeff 1px solid; padding-bottom: 0pt; padding-left: 3.39pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="border-bottom: #000000 1px solid; padding-bottom: 1pt; padding-left: 0pt; padding-right: 0pt; padding-top: 2pt;">​</td>
<td style="border-bottom: #000000 1px solid; padding-bottom: 1pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 2pt;">(0.02<font style="position: absolute;">)</font></td>
<td style="border-bottom: #cceeff 1px solid; padding-bottom: 0pt; padding-left: 3.39pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="border-bottom: #cceeff 1px solid; padding: 0pt;">​</td>
</tr>
<tr style="text-align: right; text-transform: none; font: 10pt/10pt 'times new roman', times, serif; white-space: nowrap; color: #000000; vertical-align: bottom;">
<td style="text-align: left; padding-bottom: 1.75pt; padding-left: 0pt; padding-right: 0pt; padding-top: 1.75pt;">
<div style="white-space: nowrap;">Diluted</div>
</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding-bottom: 0pt; padding-left: 4.555pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="border-bottom: #000000 3px double; padding-bottom: 1pt; padding-left: 0pt; padding-right: 0pt; padding-top: 1.75pt;">$</td>
<td style="border-bottom: #000000 3px double; padding-bottom: 1pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 1.75pt;">44,685</td>
<td style="padding-bottom: 0pt; padding-left: 4.555pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding-bottom: 0pt; padding-left: 7.46pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="border-bottom: #000000 3px double; padding-bottom: 1pt; padding-left: 0pt; padding-right: 0pt; padding-top: 1.75pt;">​</td>
<td style="border-bottom: #000000 3px double; padding-bottom: 1pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 1.75pt;">28,810,301</td>
<td style="padding-bottom: 0pt; padding-left: 7.46pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding-bottom: 0pt; padding-left: 3.39pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="border-bottom: #000000 3px double; padding-bottom: 1pt; padding-left: 0pt; padding-right: 0pt; padding-top: 1.75pt;">$</td>
<td style="border-bottom: #000000 3px double; padding-bottom: 1pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 1.75pt;">1.55</td>
<td style="padding-bottom: 0pt; padding-left: 3.39pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
</tr>
<tr style="text-align: left; text-transform: none; background-color: #cceeff; font: bold 10pt/10pt 'times new roman', times, serif; white-space: nowrap; color: #000000; vertical-align: bottom;">
<td style="padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 7.25pt;">Year ended December 31, 2013</td>
<td style="padding: 0pt;">​</td>
<td colspan="6">​</td>
<td colspan="6">​</td>
<td colspan="6">​</td>
</tr>
<tr style="text-align: right; text-transform: none; font: 10pt/10pt 'times new roman', times, serif; white-space: nowrap; color: #000000; vertical-align: bottom;">
<td style="text-align: left; padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 2pt;">
<div style="white-space: nowrap;">Basic</div>
</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding-bottom: 0pt; padding-left: 4.555pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 2pt;">$</td>
<td style="padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 2pt;">67,337</td>
<td style="padding-bottom: 0pt; padding-left: 4.555pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding-bottom: 0pt; padding-left: 7.46pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 2pt;">​</td>
<td style="padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 2pt;">30,442,950</td>
<td style="padding-bottom: 0pt; padding-left: 7.46pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding-bottom: 0pt; padding-left: 3.39pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 2pt;">$</td>
<td style="padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 2pt;">2.21</td>
<td style="padding-bottom: 0pt; padding-left: 3.39pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
</tr>
<tr style="text-align: right; text-transform: none; background-color: #cceeff; font: 10pt/10pt 'times new roman', times, serif; white-space: nowrap; color: #000000; vertical-align: bottom;">
<td style="border-bottom: #cceeff 1px solid; text-align: left; padding-bottom: 1pt; padding-left: 0pt; padding-right: 0pt; padding-top: 2pt;">
<div style="white-space: nowrap;">Common share equivalents</div>
</td>
<td style="border-bottom: #cceeff 1px solid; padding: 0pt;">​</td>
<td style="border-bottom: #cceeff 1px solid; padding: 0pt;">​</td>
<td style="border-bottom: #cceeff 1px solid; padding-bottom: 0pt; padding-left: 4.555pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="border-bottom: #000000 1px solid; padding-bottom: 1pt; padding-left: 0pt; padding-right: 0pt; padding-top: 2pt;">​</td>
<td style="border-bottom: #000000 1px solid; padding-bottom: 1pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 2pt;">—</td>
<td style="border-bottom: #cceeff 1px solid; padding-bottom: 0pt; padding-left: 4.555pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="border-bottom: #cceeff 1px solid; padding: 0pt;">​</td>
<td style="border-bottom: #cceeff 1px solid; padding: 0pt;">​</td>
<td style="border-bottom: #cceeff 1px solid; padding-bottom: 0pt; padding-left: 7.46pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="border-bottom: #000000 1px solid; padding-bottom: 1pt; padding-left: 0pt; padding-right: 0pt; padding-top: 2pt;">​</td>
<td style="border-bottom: #000000 1px solid; padding-bottom: 1pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 2pt;">57,850</td>
<td style="border-bottom: #cceeff 1px solid; padding-bottom: 0pt; padding-left: 7.46pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="border-bottom: #cceeff 1px solid; padding: 0pt;">​</td>
<td style="border-bottom: #cceeff 1px solid; padding: 0pt;">​</td>
<td style="border-bottom: #cceeff 1px solid; padding-bottom: 0pt; padding-left: 3.39pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="border-bottom: #000000 1px solid; padding-bottom: 1pt; padding-left: 0pt; padding-right: 0pt; padding-top: 2pt;">​</td>
<td style="border-bottom: #000000 1px solid; padding-bottom: 1pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 2pt;">—</td>
<td style="border-bottom: #cceeff 1px solid; padding-bottom: 0pt; padding-left: 3.39pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="border-bottom: #cceeff 1px solid; padding: 0pt;">​</td>
</tr>
<tr style="text-align: right; text-transform: none; font: 10pt/10pt 'times new roman', times, serif; white-space: nowrap; color: #000000; vertical-align: bottom;">
<td style="text-align: left; padding-bottom: 2.75pt; padding-left: 0pt; padding-right: 0pt; padding-top: 1.75pt;">
<div style="white-space: nowrap;">Diluted</div>
</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding-bottom: 0pt; padding-left: 4.555pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="border-bottom: #000000 3px double; padding-bottom: 2pt; padding-left: 0pt; padding-right: 0pt; padding-top: 1.75pt;">$</td>
<td style="border-bottom: #000000 3px double; padding-bottom: 2pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 1.75pt;">67,337</td>
<td style="padding-bottom: 0pt; padding-left: 4.555pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding-bottom: 0pt; padding-left: 7.46pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="border-bottom: #000000 3px double; padding-bottom: 2pt; padding-left: 0pt; padding-right: 0pt; padding-top: 1.75pt;">​</td>
<td style="border-bottom: #000000 3px double; padding-bottom: 2pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 1.75pt;">30,500,800</td>
<td style="padding-bottom: 0pt; padding-left: 7.46pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding-bottom: 0pt; padding-left: 3.39pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="border-bottom: #000000 3px double; padding-bottom: 2pt; padding-left: 0pt; padding-right: 0pt; padding-top: 1.75pt;">$</td>
<td style="border-bottom: #000000 3px double; padding-bottom: 2pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 1.75pt;">2.21</td>
<td style="padding-bottom: 0pt; padding-left: 3.39pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
</tr>
<tr style="line-height: 5.5pt; height: 5.5pt;">
<td style="line-height: 0pt; font-size: 0pt; padding: 0pt;" colspan="23">​</td>
</tr>
</table>
<div style="widows: 1; text-transform: none; margin-top: 11.5pt; text-indent: 0px; font: 13px/12pt 'times new roman', times, serif; white-space: normal; letter-spacing: normal; color: #000000; margin-left: 20pt; word-spacing: 0px; -webkit-text-stroke-width: 0px;">Common share equivalents relate to our stock options and restricted stock units (“RSU’s”).</div>
<div style="widows: 1; text-transform: none; margin-top: 6pt; text-indent: 20pt; font: 13px/12pt 'times new roman', times, serif; white-space: normal; letter-spacing: normal; color: #000000; word-spacing: 0px; -webkit-text-stroke-width: 0px;">For the year ended December 31, 2015, all common share equivalents are dilutive. For the years ended December 31, 2014, and 2013, common share equivalents of 1,358,992 shares and 25,000 shares, respectively, are excluded from the calculations of diluted earnings per share as their effects are anti-dilutive.</div>
<div style="widows: 1; text-transform: none; margin-top: 6pt; text-indent: 20pt; font: 13px/12pt 'times new roman', times, serif; white-space: normal; letter-spacing: normal; color: #000000; word-spacing: 0px; -webkit-text-stroke-width: 0px;"> 
<div style="widows: 1; text-transform: none; margin-top: 1pt; text-indent: 0px; font: bold 13px/11pt 'times new roman', times, serif; white-space: normal; letter-spacing: normal; color: #000000; word-spacing: 0px; -webkit-text-stroke-width: 0px;">Prospective Accounting Standards</div>
<div style="widows: 1; text-transform: none; margin-top: 6pt; text-indent: 20pt; font: 13px/12pt 'times new roman', times, serif; white-space: normal; letter-spacing: normal; color: #000000; word-spacing: 0px; -webkit-text-stroke-width: 0px;">In May 2014, the FASB issued Accounting Standards Update (“ASU”) No. 2014-09, <font style="widows: 1; text-transform: none; text-indent: 26px; font: italic 13px/16px 'times new roman', times, serif; white-space: normal; letter-spacing: normal; color: #000000; word-spacing: 0px; -webkit-text-stroke-width: 0px;">Revenue from Contracts with Customers (Topic 606)</font>, which creates a new comprehensive revenue recognition standard that will serve as a single source of revenue guidance for all companies in all industries. The guidance applies to all companies that either enter into contracts with customers to transfer goods or services or enter into contracts for the transfer of nonfinancial assets, unless those contracts are within the scope of other standards, such as insurance contracts. Under this guidance, a company will recognize revenue when it transfers promised goods or services to customers in an amount that reflects the consideration to which the company expects to be entitled in exchange for those goods or services. In doing so, companies will need to use more judgment and make more estimates than under the current guidance. These may include identifying performance obligations in the contract, estimating the amount of variable consideration to include in the transaction price and allocating the transaction price to each separate performance obligation. ASU No. 2014-09 becomes effective for the Company during the first quarter of 2018 and must be applied retrospectively. The Company is currently evaluating ASU No. 2014-09 to determine the potential impact that adopting this standard will have on its consolidated financial statements.</div>
<div style="widows: 1; text-transform: none; margin-top: 6pt; text-indent: 20pt; font: 13px/12pt 'times new roman', times, serif; white-space: normal; letter-spacing: normal; color: #000000; word-spacing: 0px; -webkit-text-stroke-width: 0px;">In February 2015, the FASB issued ASU 2015-02, <font style="widows: 1; text-transform: none; text-indent: 26px; font: italic 13px/16px 'times new roman', times, serif; white-space: normal; letter-spacing: normal; color: #000000; word-spacing: 0px; -webkit-text-stroke-width: 0px;">Consolidation (Topic 810): Amendments to the Consolidation Analysis</font>. ASU 2015-02 changes the analysis that a reporting entity must perform to determine whether entities should be consolidated if they are deemed variable interest entities. It is effective for annual reporting periods, and interim periods within those years, beginning after December 15, 2015. The Company is currently evaluating the impact of the adoption of ASU 2015-02, but adoption is not expected to have a material effect on its consolidated financial statements.</div>
<div style="widows: 1; text-transform: none; margin-top: 6pt; text-indent: 20pt; font: 13px/12pt 'times new roman', times, serif; white-space: normal; letter-spacing: normal; color: #000000; word-spacing: 0px; -webkit-text-stroke-width: 0px;">In May 2015, the FASB issued ASU 2015-09, <font style="font-style: italic;">Insurance (Topic 944), Disclosures about Short-Duration Contracts</font>. ASU 2015-09 requires additional disclosures about short-duration contracts. The disclosures will focus on the liability for the reserves for losses and loss adjustment expenses. ASU 2015-09 is effective for annual periods beginning after December 15, 2015 and interim periods within annual periods beginning after December 15, 2016. The Company is currently evaluating the impact of the adoption of ASU 2015-09 on its consolidated financial statements.</div>
</div>
</div>
</div>
</div>
</div>
</div>
</div>
<div style="text-align: left; widows: 1; text-transform: none; margin-top: 0pt; text-indent: 0px; font: bold 13px/11pt 'times new roman', times, serif; white-space: nowrap; margin-bottom: 0pt; float: left; letter-spacing: normal; color: #000000; word-spacing: 0px; -webkit-text-stroke-width: 0px;">2.      </div>
<div style="text-align: left; widows: 1; text-transform: none; margin-top: 0pt; text-indent: 0px; font: bold 13px/11pt 'times new roman', times, serif; white-space: normal; margin-bottom: 0pt; float: left; letter-spacing: normal; color: #000000; word-spacing: 0px; -webkit-text-stroke-width: 0px;">Investments</div>
<div style="widows: 1; text-transform: none; text-indent: 0px; margin: 0pt; font: 0pt/0pt 'times new roman', times, serif; white-space: normal; letter-spacing: normal; color: #000000; clear: both; word-spacing: 0px; -webkit-text-stroke-width: 0px; padding: 0pt;">​</div>
<div style="widows: 1; text-transform: none; margin-top: 6pt; text-indent: 0px; font: 13px/12pt 'times new roman', times, serif; white-space: normal; letter-spacing: normal; color: #000000; margin-left: 20pt; word-spacing: 0px; -webkit-text-stroke-width: 0px;">The Company’s available-for-sale investments are summarized as follows:</div>
<table style="widows: 1; text-transform: none; margin-top: 8pt; text-indent: 0px; width: 80%; border-collapse: collapse; font: 13px 'times new roman', times, serif; white-space: normal; letter-spacing: normal; height: 371px; color: #000000; word-spacing: 0px; -webkit-text-stroke-width: 0px;" border="0">
<tr style="text-align: center; text-transform: none; font: bold 8pt/9pt 'times new roman', times, serif; white-space: nowrap; color: #000000; vertical-align: bottom;">
<td style="border-bottom: #ffffff 1px solid; text-align: left; padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="border-bottom: #ffffff 1px solid; padding: 0pt;">​</td>
<td style="border-bottom: #ffffff 1px solid; padding: 0pt;">​</td>
<td style="border-bottom: #000000 1px solid; padding-bottom: 0.667pt; padding-left: 0pt; padding-right: 0pt; padding-top: 0pt;" colspan="4">
<div style="text-align: center;">Cost or <br />Amortized <br />Cost</div>
</td>
<td style="border-bottom: #ffffff 1px solid; padding: 0pt;">​</td>
<td style="border-bottom: #ffffff 1px solid; padding: 0pt;">​</td>
<td style="border-bottom: #000000 1px solid; padding-bottom: 0.667pt; padding-left: 0pt; padding-right: 0pt; padding-top: 0pt;" colspan="4">
<div style="text-align: center;">Gross <br />Unrealized <br />Gains</div>
</td>
<td style="border-bottom: #ffffff 1px solid; padding: 0pt;">​</td>
<td style="border-bottom: #ffffff 1px solid; padding: 0pt;">​</td>
<td style="border-bottom: #000000 1px solid; padding-bottom: 0.667pt; padding-left: 0pt; padding-right: 0pt; padding-top: 0pt;" colspan="4">
<div style="text-align: center;">Gross <br />Unrealized <br />Losses</div>
</td>
<td style="border-bottom: #ffffff 1px solid; padding: 0pt;">​</td>
<td style="border-bottom: #ffffff 1px solid; padding: 0pt;">​</td>
<td style="border-bottom: #000000 1px solid; padding-bottom: 0.667pt; padding-left: 0pt; padding-right: 0pt; padding-top: 0pt;" colspan="4">
<div style="text-align: center;">Fair <br />Value</div>
</td>
<td style="border-bottom: #ffffff 1px solid; padding: 0pt;">​</td>
</tr>
<tr style="text-align: left; text-transform: none; font: bold italic 8pt/8pt 'times new roman', times, serif; white-space: nowrap; color: #000000; vertical-align: bottom;">
<td style="padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="text-align: center; padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 2pt;" colspan="22">
<div style="text-align: center; white-space: nowrap;">(in thousands)</div>
</td>
<td style="padding: 0pt;">​</td>
</tr>
<tr style="text-align: left; text-transform: none; background-color: #cceeff; font: bold 10pt/10pt 'times new roman', times, serif; white-space: nowrap; color: #000000; vertical-align: bottom;">
<td style="padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 2.25pt;">December 31, 2015</td>
<td style="padding: 0pt;">​</td>
<td colspan="6">​</td>
<td colspan="6">​</td>
<td colspan="6">​</td>
<td colspan="6">​</td>
</tr>
<tr style="text-align: left; text-transform: none; font: 10pt/10pt 'times new roman', times, serif; white-space: nowrap; color: #000000; vertical-align: bottom;">
<td style="padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 2.25pt;">Fixed maturity securities:</td>
<td style="padding: 0pt;">​</td>
<td colspan="6">​</td>
<td colspan="6">​</td>
<td colspan="6">​</td>
<td colspan="6">​</td>
</tr>
<tr style="text-align: right; text-transform: none; background-color: #cceeff; font: 10pt/10pt 'times new roman', times, serif; white-space: nowrap; color: #000000; vertical-align: bottom;">
<td style="text-align: left; padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 2.25pt;">
<div style="margin-left: 10pt;">State and municipal</div>
</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 2.25pt;">$</td>
<td style="padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 2.25pt;">95,864</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding-bottom: 0pt; padding-left: 1.605pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 2.25pt;">$</td>
<td style="padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 2.25pt;">7,728</td>
<td style="padding-bottom: 0pt; padding-left: 1.605pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 2.25pt;">$</td>
<td style="padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 2.25pt;">(135<font style="position: absolute;">)</font></td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 2.25pt;">$</td>
<td style="padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 2.25pt;">103,457</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
</tr>
<tr style="text-align: right; text-transform: none; font: 10pt/10pt 'times new roman', times, serif; white-space: nowrap; color: #000000; vertical-align: bottom;">
<td style="text-align: left; padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 2.25pt;">
<div style="margin-left: 10pt;">Residential mortgage-backed</div>
</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 2.25pt;">​</td>
<td style="padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 2.25pt;">137,308</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding-bottom: 0pt; padding-left: 1.605pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 2.25pt;">​</td>
<td style="padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 2.25pt;">1,718</td>
<td style="padding-bottom: 0pt; padding-left: 1.605pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 2.25pt;">​</td>
<td style="padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 2.25pt;">(2,139<font style="position: absolute;">)</font></td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 2.25pt;">​</td>
<td style="padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 2.25pt;">136,887</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
</tr>
<tr style="text-align: right; text-transform: none; background-color: #cceeff; font: 10pt/10pt 'times new roman', times, serif; white-space: nowrap; color: #000000; vertical-align: bottom;">
<td style="text-align: left; padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 2.25pt;">
<div style="margin-left: 10pt;">Corporate</div>
</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 2.25pt;">​</td>
<td style="padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 2.25pt;">368,961</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding-bottom: 0pt; padding-left: 1.605pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 2.25pt;">​</td>
<td style="padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 2.25pt;">3,988</td>
<td style="padding-bottom: 0pt; padding-left: 1.605pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 2.25pt;">​</td>
<td style="padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 2.25pt;">(9,781<font style="position: absolute;">)</font></td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 2.25pt;">​</td>
<td style="padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 2.25pt;">363,168</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
</tr>
<tr style="text-align: right; text-transform: none; font: 10pt/10pt 'times new roman', times, serif; white-space: nowrap; color: #000000; vertical-align: bottom;">
<td style="text-align: left; padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 2.25pt;">
<div style="margin-left: 10pt;">Commercial mortgage and asset-backed</div>
</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 2.25pt;">​</td>
<td style="padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 2.25pt;">130,231</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding-bottom: 0pt; padding-left: 1.605pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 2.25pt;">​</td>
<td style="padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 2.25pt;">890</td>
<td style="padding-bottom: 0pt; padding-left: 1.605pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 2.25pt;">​</td>
<td style="padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 2.25pt;">(425<font style="position: absolute;">)</font></td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 2.25pt;">​</td>
<td style="padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 2.25pt;">130,696</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
</tr>
<tr style="text-align: right; text-transform: none; background-color: #cceeff; font: 10pt/10pt 'times new roman', times, serif; white-space: nowrap; color: #000000; vertical-align: bottom;">
<td style="text-align: left; padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 2.25pt;">
<div style="margin-left: 10pt;">Obligations of U.S. government corporations and agencies</div>
</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 2.25pt;">​</td>
<td style="padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 2.25pt;">89,734</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding-bottom: 0pt; padding-left: 1.605pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 2.25pt;">​</td>
<td style="padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 2.25pt;">698</td>
<td style="padding-bottom: 0pt; padding-left: 1.605pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 2.25pt;">​</td>
<td style="padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 2.25pt;">(269<font style="position: absolute;">)</font></td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 2.25pt;">​</td>
<td style="padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 2.25pt;">90,163</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
</tr>
<tr style="text-align: right; text-transform: none; font: 10pt/12pt 'times new roman', times, serif; white-space: nowrap; color: #000000; vertical-align: bottom;">
<td style="text-align: left; padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 0.917pt;">
<div style="text-indent: -10pt; margin-left: 20pt;">U.S. Treasury securities and obligations guaranteed by the <br />U.S. government</div>
</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 0.917pt;">​</td>
<td style="padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 0.917pt;">73,322</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding-bottom: 0pt; padding-left: 1.605pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 0.917pt;">​</td>
<td style="padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 0.917pt;">165</td>
<td style="padding-bottom: 0pt; padding-left: 1.605pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 0.917pt;">​</td>
<td style="padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 0.917pt;">(232<font style="position: absolute;">)</font></td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 0.917pt;">​</td>
<td style="padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 0.917pt;">73,255</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
</tr>
<tr style="text-align: right; text-transform: none; background-color: #cceeff; font: 10pt/10pt 'times new roman', times, serif; white-space: nowrap; color: #000000; vertical-align: bottom;">
<td style="border-bottom: #cceeff 1px solid; text-align: left; padding-bottom: 1.25pt; padding-left: 0pt; padding-right: 0pt; padding-top: 2.25pt;">
<div style="margin-left: 10pt;">Redeemable preferred stock</div>
</td>
<td style="border-bottom: #cceeff 1px solid; padding: 0pt;">​</td>
<td style="border-bottom: #cceeff 1px solid; padding: 0pt;">​</td>
<td style="border-bottom: #cceeff 1px solid; padding: 0pt;">​</td>
<td style="border-bottom: #000000 1px solid; padding-bottom: 1.25pt; padding-left: 0pt; padding-right: 0pt; padding-top: 2.25pt;">​</td>
<td style="border-bottom: #000000 1px solid; padding-bottom: 1.25pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 2.25pt;">2,025</td>
<td style="border-bottom: #cceeff 1px solid; padding: 0pt;">​</td>
<td style="border-bottom: #cceeff 1px solid; padding: 0pt;">​</td>
<td style="border-bottom: #cceeff 1px solid; padding: 0pt;">​</td>
<td style="border-bottom: #cceeff 1px solid; padding-bottom: 0pt; padding-left: 1.605pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="border-bottom: #000000 1px solid; padding-bottom: 1.25pt; padding-left: 0pt; padding-right: 0pt; padding-top: 2.25pt;">​</td>
<td style="border-bottom: #000000 1px solid; padding-bottom: 1.25pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 2.25pt;">9</td>
<td style="border-bottom: #cceeff 1px solid; padding-bottom: 0pt; padding-left: 1.605pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="border-bottom: #cceeff 1px solid; padding: 0pt;">​</td>
<td style="border-bottom: #cceeff 1px solid; padding: 0pt;">​</td>
<td style="border-bottom: #cceeff 1px solid; padding: 0pt;">​</td>
<td style="border-bottom: #000000 1px solid; padding-bottom: 1.25pt; padding-left: 0pt; padding-right: 0pt; padding-top: 2.25pt;">​</td>
<td style="border-bottom: #000000 1px solid; padding-bottom: 1.25pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 2.25pt;">—</td>
<td style="border-bottom: #cceeff 1px solid; padding: 0pt;">​</td>
<td style="border-bottom: #cceeff 1px solid; padding: 0pt;">​</td>
<td style="border-bottom: #cceeff 1px solid; padding: 0pt;">​</td>
<td style="border-bottom: #cceeff 1px solid; padding: 0pt;">​</td>
<td style="border-bottom: #000000 1px solid; padding-bottom: 1.25pt; padding-left: 0pt; padding-right: 0pt; padding-top: 2.25pt;">​</td>
<td style="border-bottom: #000000 1px solid; padding-bottom: 1.25pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 2.25pt;">2,034</td>
<td style="border-bottom: #cceeff 1px solid; padding: 0pt;">​</td>
<td style="border-bottom: #cceeff 1px solid; padding: 0pt;">​</td>
</tr>
<tr style="text-align: right; text-transform: none; font: 10pt/10pt 'times new roman', times, serif; white-space: nowrap; color: #000000; vertical-align: bottom;">
<td style="text-align: left; padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 2pt;">
<div style="white-space: nowrap;">Total fixed maturity securities</div>
</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 2pt;">​</td>
<td style="padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 2pt;">897,445</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding-bottom: 0pt; padding-left: 1.605pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 2pt;">​</td>
<td style="padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 2pt;">15,196</td>
<td style="padding-bottom: 0pt; padding-left: 1.605pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 2pt;">​</td>
<td style="padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 2pt;">(12,981<font style="position: absolute;">)</font></td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 2pt;">​</td>
<td style="padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 2pt;">899,660</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
</tr>
<tr style="text-align: right; text-transform: none; background-color: #cceeff; font: 10pt/10pt 'times new roman', times, serif; white-space: nowrap; color: #000000; vertical-align: bottom;">
<td style="border-bottom: #cceeff 1px solid; text-align: left; padding-bottom: 1.25pt; padding-left: 0pt; padding-right: 0pt; padding-top: 2.25pt;">
<div style="white-space: nowrap;">Equity securities</div>
</td>
<td style="border-bottom: #cceeff 1px solid; padding: 0pt;">​</td>
<td style="border-bottom: #cceeff 1px solid; padding: 0pt;">​</td>
<td style="border-bottom: #cceeff 1px solid; padding: 0pt;">​</td>
<td style="border-bottom: #000000 1px solid; padding-bottom: 1.25pt; padding-left: 0pt; padding-right: 0pt; padding-top: 2.25pt;">​</td>
<td style="border-bottom: #000000 1px solid; padding-bottom: 1.25pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 2.25pt;">69,830</td>
<td style="border-bottom: #cceeff 1px solid; padding: 0pt;">​</td>
<td style="border-bottom: #cceeff 1px solid; padding: 0pt;">​</td>
<td style="border-bottom: #cceeff 1px solid; padding: 0pt;">​</td>
<td style="border-bottom: #cceeff 1px solid; padding-bottom: 0pt; padding-left: 1.605pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="border-bottom: #000000 1px solid; padding-bottom: 1.25pt; padding-left: 0pt; padding-right: 0pt; padding-top: 2.25pt;">​</td>
<td style="border-bottom: #000000 1px solid; padding-bottom: 1.25pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 2.25pt;">5,512</td>
<td style="border-bottom: #cceeff 1px solid; padding-bottom: 0pt; padding-left: 1.605pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="border-bottom: #cceeff 1px solid; padding: 0pt;">​</td>
<td style="border-bottom: #cceeff 1px solid; padding: 0pt;">​</td>
<td style="border-bottom: #cceeff 1px solid; padding: 0pt;">​</td>
<td style="border-bottom: #000000 1px solid; padding-bottom: 1.25pt; padding-left: 0pt; padding-right: 0pt; padding-top: 2.25pt;">​</td>
<td style="border-bottom: #000000 1px solid; padding-bottom: 1.25pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 2.25pt;">(1,231<font style="position: absolute;">)</font></td>
<td style="border-bottom: #cceeff 1px solid; padding: 0pt;">​</td>
<td style="border-bottom: #cceeff 1px solid; padding: 0pt;">​</td>
<td style="border-bottom: #cceeff 1px solid; padding: 0pt;">​</td>
<td style="border-bottom: #cceeff 1px solid; padding: 0pt;">​</td>
<td style="border-bottom: #000000 1px solid; padding-bottom: 1.25pt; padding-left: 0pt; padding-right: 0pt; padding-top: 2.25pt;">​</td>
<td style="border-bottom: #000000 1px solid; padding-bottom: 1.25pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 2.25pt;">74,111</td>
<td style="border-bottom: #cceeff 1px solid; padding: 0pt;">​</td>
<td style="border-bottom: #cceeff 1px solid; padding: 0pt;">​</td>
</tr>
<tr style="text-align: right; text-transform: none; font: 10pt/10pt 'times new roman', times, serif; white-space: nowrap; color: #000000; vertical-align: bottom;">
<td style="text-align: left; padding-bottom: 2pt; padding-left: 0pt; padding-right: 0pt; padding-top: 2pt;">
<div style="white-space: nowrap;">Total investments available-for-sale</div>
</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="border-bottom: #000000 3px double; padding-bottom: 1.25pt; padding-left: 0pt; padding-right: 0pt; padding-top: 2pt;">$</td>
<td style="border-bottom: #000000 3px double; padding-bottom: 1.25pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 2pt;">967,275</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding-bottom: 0pt; padding-left: 1.605pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="border-bottom: #000000 3px double; padding-bottom: 1.25pt; padding-left: 0pt; padding-right: 0pt; padding-top: 2pt;">$</td>
<td style="border-bottom: #000000 3px double; padding-bottom: 1.25pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 2pt;">20,708</td>
<td style="padding-bottom: 0pt; padding-left: 1.605pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="border-bottom: #000000 3px double; padding-bottom: 1.25pt; padding-left: 0pt; padding-right: 0pt; padding-top: 2pt;">$</td>
<td style="border-bottom: #000000 3px double; padding-bottom: 1.25pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 2pt;">(14,212<font style="position: absolute;">)</font></td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="border-bottom: #000000 3px double; padding-bottom: 1.25pt; padding-left: 0pt; padding-right: 0pt; padding-top: 2pt;">$</td>
<td style="border-bottom: #000000 3px double; padding-bottom: 1.25pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 2pt;">973,771</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
</tr>
<tr style="text-align: left; text-transform: none; background-color: #cceeff; font: bold 10pt/10pt 'times new roman', times, serif; white-space: nowrap; color: #000000; vertical-align: bottom;">
<td style="padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 7.5pt;">December 31, 2014</td>
<td style="padding: 0pt;">​</td>
<td colspan="6">​</td>
<td colspan="6">​</td>
<td colspan="6">​</td>
<td colspan="6">​</td>
</tr>
<tr style="text-align: left; text-transform: none; font: 10pt/10pt 'times new roman', times, serif; white-space: nowrap; color: #000000; vertical-align: bottom;">
<td style="padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 2.25pt;">Fixed maturity securities:</td>
<td style="padding: 0pt;">​</td>
<td colspan="6">​</td>
<td colspan="6">​</td>
<td colspan="6">​</td>
<td colspan="6">​</td>
</tr>
<tr style="text-align: right; text-transform: none; background-color: #cceeff; font: 10pt/10pt 'times new roman', times, serif; white-space: nowrap; color: #000000; vertical-align: bottom;">
<td style="text-align: left; padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 2.25pt;">
<div style="margin-left: 10pt;">State and municipal</div>
</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 2.25pt;">$</td>
<td style="padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 2.25pt;">90,715</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding-bottom: 0pt; padding-left: 1.605pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 2.25pt;">$</td>
<td style="padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 2.25pt;">8,509</td>
<td style="padding-bottom: 0pt; padding-left: 1.605pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 2.25pt;">$</td>
<td style="padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 2.25pt;">(178<font style="position: absolute;">)</font></td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 2.25pt;">$</td>
<td style="padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 2.25pt;">99,046</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
</tr>
<tr style="text-align: right; text-transform: none; font: 10pt/10pt 'times new roman', times, serif; white-space: nowrap; color: #000000; vertical-align: bottom;">
<td style="text-align: left; padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 2.25pt;">
<div style="margin-left: 10pt;">Residential mortgage-backed</div>
</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 2.25pt;">​</td>
<td style="padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 2.25pt;">113,997</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding-bottom: 0pt; padding-left: 1.605pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 2.25pt;">​</td>
<td style="padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 2.25pt;">2,661</td>
<td style="padding-bottom: 0pt; padding-left: 1.605pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 2.25pt;">​</td>
<td style="padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 2.25pt;">(1,409<font style="position: absolute;">)</font></td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 2.25pt;">​</td>
<td style="padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 2.25pt;">115,249</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
</tr>
<tr style="text-align: right; text-transform: none; background-color: #cceeff; font: 10pt/10pt 'times new roman', times, serif; white-space: nowrap; color: #000000; vertical-align: bottom;">
<td style="text-align: left; padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 2.25pt;">
<div style="margin-left: 10pt;">Corporate</div>
</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 2.25pt;">​</td>
<td style="padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 2.25pt;">261,574</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding-bottom: 0pt; padding-left: 1.605pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 2.25pt;">​</td>
<td style="padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 2.25pt;">8,742</td>
<td style="padding-bottom: 0pt; padding-left: 1.605pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 2.25pt;">​</td>
<td style="padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 2.25pt;">(2,434<font style="position: absolute;">)</font></td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 2.25pt;">​</td>
<td style="padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 2.25pt;">267,882</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
</tr>
<tr style="text-align: right; text-transform: none; font: 10pt/10pt 'times new roman', times, serif; white-space: nowrap; color: #000000; vertical-align: bottom;">
<td style="text-align: left; padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 2.25pt;">
<div style="margin-left: 10pt;">Commercial mortgage and asset-backed</div>
</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 2.25pt;">​</td>
<td style="padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 2.25pt;">111,056</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding-bottom: 0pt; padding-left: 1.605pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 2.25pt;">​</td>
<td style="padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 2.25pt;">2,429</td>
<td style="padding-bottom: 0pt; padding-left: 1.605pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 2.25pt;">​</td>
<td style="padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 2.25pt;">(144<font style="position: absolute;">)</font></td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 2.25pt;">​</td>
<td style="padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 2.25pt;">113,341</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
</tr>
<tr style="text-align: right; text-transform: none; background-color: #cceeff; font: 10pt/10pt 'times new roman', times, serif; white-space: nowrap; color: #000000; vertical-align: bottom;">
<td style="text-align: left; padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 2.25pt;">
<div style="margin-left: 10pt;">Obligations of U.S. government corporations and agencies</div>
</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 2.25pt;">​</td>
<td style="padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 2.25pt;">100,376</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding-bottom: 0pt; padding-left: 1.605pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 2.25pt;">​</td>
<td style="padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 2.25pt;">1,431</td>
<td style="padding-bottom: 0pt; padding-left: 1.605pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 2.25pt;">​</td>
<td style="padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 2.25pt;">(532<font style="position: absolute;">)</font></td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 2.25pt;">​</td>
<td style="padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 2.25pt;">101,275</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
</tr>
<tr style="text-align: right; text-transform: none; font: 10pt/12pt 'times new roman', times, serif; white-space: nowrap; color: #000000; vertical-align: bottom;">
<td style="text-align: left; padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 0.917pt;">
<div style="text-indent: -10pt; margin-left: 20pt;">U.S. Treasury securities and obligations guaranteed by the <br />U.S. government</div>
</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 0.917pt;">​</td>
<td style="padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 0.917pt;">58,173</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding-bottom: 0pt; padding-left: 1.605pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 0.917pt;">​</td>
<td style="padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 0.917pt;">289</td>
<td style="padding-bottom: 0pt; padding-left: 1.605pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 0.917pt;">​</td>
<td style="padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 0.917pt;">(193<font style="position: absolute;">)</font></td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 0.917pt;">​</td>
<td style="padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 0.917pt;">58,269</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
</tr>
<tr style="text-align: right; text-transform: none; background-color: #cceeff; font: 10pt/10pt 'times new roman', times, serif; white-space: nowrap; color: #000000; vertical-align: bottom;">
<td style="border-bottom: #cceeff 1px solid; text-align: left; padding-bottom: 1.25pt; padding-left: 0pt; padding-right: 0pt; padding-top: 2.25pt;">
<div style="margin-left: 10pt;">Redeemable preferred stock</div>
</td>
<td style="border-bottom: #cceeff 1px solid; padding: 0pt;">​</td>
<td style="border-bottom: #cceeff 1px solid; padding: 0pt;">​</td>
<td style="border-bottom: #cceeff 1px solid; padding: 0pt;">​</td>
<td style="border-bottom: #000000 1px solid; padding-bottom: 1.25pt; padding-left: 0pt; padding-right: 0pt; padding-top: 2.25pt;">​</td>
<td style="border-bottom: #000000 1px solid; padding-bottom: 1.25pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 2.25pt;">2,025</td>
<td style="border-bottom: #cceeff 1px solid; padding: 0pt;">​</td>
<td style="border-bottom: #cceeff 1px solid; padding: 0pt;">​</td>
<td style="border-bottom: #cceeff 1px solid; padding: 0pt;">​</td>
<td style="border-bottom: #cceeff 1px solid; padding-bottom: 0pt; padding-left: 1.605pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="border-bottom: #000000 1px solid; padding-bottom: 1.25pt; padding-left: 0pt; padding-right: 0pt; padding-top: 2.25pt;">​</td>
<td style="border-bottom: #000000 1px solid; padding-bottom: 1.25pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 2.25pt;">—</td>
<td style="border-bottom: #cceeff 1px solid; padding-bottom: 0pt; padding-left: 1.605pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="border-bottom: #cceeff 1px solid; padding: 0pt;">​</td>
<td style="border-bottom: #cceeff 1px solid; padding: 0pt;">​</td>
<td style="border-bottom: #cceeff 1px solid; padding: 0pt;">​</td>
<td style="border-bottom: #000000 1px solid; padding-bottom: 1.25pt; padding-left: 0pt; padding-right: 0pt; padding-top: 2.25pt;">​</td>
<td style="border-bottom: #000000 1px solid; padding-bottom: 1.25pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 2.25pt;">(124<font style="position: absolute;">)</font></td>
<td style="border-bottom: #cceeff 1px solid; padding: 0pt;">​</td>
<td style="border-bottom: #cceeff 1px solid; padding: 0pt;">​</td>
<td style="border-bottom: #cceeff 1px solid; padding: 0pt;">​</td>
<td style="border-bottom: #cceeff 1px solid; padding: 0pt;">​</td>
<td style="border-bottom: #000000 1px solid; padding-bottom: 1.25pt; padding-left: 0pt; padding-right: 0pt; padding-top: 2.25pt;">​</td>
<td style="border-bottom: #000000 1px solid; padding-bottom: 1.25pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 2.25pt;">1,901</td>
<td style="border-bottom: #cceeff 1px solid; padding: 0pt;">​</td>
<td style="border-bottom: #cceeff 1px solid; padding: 0pt;">​</td>
</tr>
<tr style="text-align: right; text-transform: none; font: 10pt/10pt 'times new roman', times, serif; white-space: nowrap; color: #000000; vertical-align: bottom;">
<td style="text-align: left; padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 2pt;">
<div style="white-space: nowrap;">Total fixed maturity securities</div>
</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 2pt;">​</td>
<td style="padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 2pt;">737,916</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding-bottom: 0pt; padding-left: 1.605pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 2pt;">​</td>
<td style="padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 2pt;">24,061</td>
<td style="padding-bottom: 0pt; padding-left: 1.605pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 2pt;">​</td>
<td style="padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 2pt;">(5,014<font style="position: absolute;">)</font></td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 2pt;">​</td>
<td style="padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 2pt;">756,963</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
</tr>
<tr style="text-align: right; text-transform: none; background-color: #cceeff; font: 10pt/10pt 'times new roman', times, serif; white-space: nowrap; color: #000000; vertical-align: bottom;">
<td style="border-bottom: #cceeff 1px solid; text-align: left; padding-bottom: 1.25pt; padding-left: 0pt; padding-right: 0pt; padding-top: 2.25pt;">
<div style="white-space: nowrap;">Equity securities</div>
</td>
<td style="border-bottom: #cceeff 1px solid; padding: 0pt;">​</td>
<td style="border-bottom: #cceeff 1px solid; padding: 0pt;">​</td>
<td style="border-bottom: #cceeff 1px solid; padding: 0pt;">​</td>
<td style="border-bottom: #000000 1px solid; padding-bottom: 1.25pt; padding-left: 0pt; padding-right: 0pt; padding-top: 2.25pt;">​</td>
<td style="border-bottom: #000000 1px solid; padding-bottom: 1.25pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 2.25pt;">64,348</td>
<td style="border-bottom: #cceeff 1px solid; padding: 0pt;">​</td>
<td style="border-bottom: #cceeff 1px solid; padding: 0pt;">​</td>
<td style="border-bottom: #cceeff 1px solid; padding: 0pt;">​</td>
<td style="border-bottom: #cceeff 1px solid; padding-bottom: 0pt; padding-left: 1.605pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="border-bottom: #000000 1px solid; padding-bottom: 1.25pt; padding-left: 0pt; padding-right: 0pt; padding-top: 2.25pt;">​</td>
<td style="border-bottom: #000000 1px solid; padding-bottom: 1.25pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 2.25pt;">5,182</td>
<td style="border-bottom: #cceeff 1px solid; padding-bottom: 0pt; padding-left: 1.605pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="border-bottom: #cceeff 1px solid; padding: 0pt;">​</td>
<td style="border-bottom: #cceeff 1px solid; padding: 0pt;">​</td>
<td style="border-bottom: #cceeff 1px solid; padding: 0pt;">​</td>
<td style="border-bottom: #000000 1px solid; padding-bottom: 1.25pt; padding-left: 0pt; padding-right: 0pt; padding-top: 2.25pt;">​</td>
<td style="border-bottom: #000000 1px solid; padding-bottom: 1.25pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 2.25pt;">(1,625<font style="position: absolute;">)</font></td>
<td style="border-bottom: #cceeff 1px solid; padding: 0pt;">​</td>
<td style="border-bottom: #cceeff 1px solid; padding: 0pt;">​</td>
<td style="border-bottom: #cceeff 1px solid; padding: 0pt;">​</td>
<td style="border-bottom: #cceeff 1px solid; padding: 0pt;">​</td>
<td style="border-bottom: #000000 1px solid; padding-bottom: 1.25pt; padding-left: 0pt; padding-right: 0pt; padding-top: 2.25pt;">​</td>
<td style="border-bottom: #000000 1px solid; padding-bottom: 1.25pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 2.25pt;">67,905</td>
<td style="border-bottom: #cceeff 1px solid; padding: 0pt;">​</td>
<td style="border-bottom: #cceeff 1px solid; padding: 0pt;">​</td>
</tr>
<tr style="text-align: right; text-transform: none; font: 10pt/10pt 'times new roman', times, serif; white-space: nowrap; color: #000000; vertical-align: bottom;">
<td style="text-align: left; padding-bottom: 2.75pt; padding-left: 0pt; padding-right: 0pt; padding-top: 2pt;">
<div style="white-space: nowrap;">Total investments available-for-sale</div>
</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="border-bottom: #000000 3px double; padding-bottom: 2pt; padding-left: 0pt; padding-right: 0pt; padding-top: 2pt;">$</td>
<td style="border-bottom: #000000 3px double; padding-bottom: 2pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 2pt;">802,264</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding-bottom: 0pt; padding-left: 1.605pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="border-bottom: #000000 3px double; padding-bottom: 2pt; padding-left: 0pt; padding-right: 0pt; padding-top: 2pt;">$</td>
<td style="border-bottom: #000000 3px double; padding-bottom: 2pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 2pt;">29,243</td>
<td style="padding-bottom: 0pt; padding-left: 1.605pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="border-bottom: #000000 3px double; padding-bottom: 2pt; padding-left: 0pt; padding-right: 0pt; padding-top: 2pt;">$</td>
<td style="border-bottom: #000000 3px double; padding-bottom: 2pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 2pt;">(6,639<font style="position: absolute;">)</font></td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="border-bottom: #000000 3px double; padding-bottom: 2pt; padding-left: 0pt; padding-right: 0pt; padding-top: 2pt;">$</td>
<td style="border-bottom: #000000 3px double; padding-bottom: 2pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 2pt;">824,868</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
</tr>
<tr style="line-height: 5.25pt; height: 5.25pt;">
<td style="line-height: 0pt; font-size: 0pt; padding: 0pt;" colspan="30">​</td>
</tr>
</table>
<p style="widows: 1; text-transform: none; margin-top: 11.65pt; text-indent: 20pt; font: 13px/12pt 'times new roman', times, serif; white-space: normal; letter-spacing: normal; color: #000000; word-spacing: 0px; -webkit-text-stroke-width: 0px;">The amortized cost and fair value of available-for-sale investments in fixed maturity securities at December 31, 2015 are summarized, by contractual maturity, as follows:</p>
<table style="widows: 1; text-transform: none; margin-top: 2pt; text-indent: 0px; width: 80%; border-collapse: collapse; font: 13px 'times new roman', times, serif; white-space: normal; letter-spacing: normal; height: 128px; color: #000000; margin-left: 20pt; word-spacing: 0px; -webkit-text-stroke-width: 0px;" border="0">
<tr style="text-align: center; text-transform: none; font: bold 8pt/9pt 'times new roman', times, serif; white-space: nowrap; color: #000000; vertical-align: bottom;">
<td style="border-bottom: #ffffff 1px solid; text-align: left; padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="border-bottom: #ffffff 1px solid; padding: 0pt;">​</td>
<td style="border-bottom: #ffffff 1px solid; padding: 0pt;">​</td>
<td style="border-bottom: #000000 1px solid; padding-bottom: 0.667pt; padding-left: 0pt; padding-right: 0pt; padding-top: 0pt;" colspan="4">
<div style="text-align: center;">Amortized <br />Cost</div>
</td>
<td style="border-bottom: #ffffff 1px solid; padding: 0pt;">​</td>
<td style="border-bottom: #ffffff 1px solid; padding: 0pt;">​</td>
<td style="border-bottom: #000000 1px solid; padding-bottom: 0.667pt; padding-left: 0pt; padding-right: 0pt; padding-top: 0pt;" colspan="4">
<div style="text-align: center;">Fair <br />Value</div>
</td>
<td style="border-bottom: #ffffff 1px solid; padding: 0pt;">​</td>
</tr>
<tr style="text-align: left; text-transform: none; font: bold italic 8pt/8pt 'times new roman', times, serif; white-space: nowrap; color: #000000; vertical-align: bottom;">
<td style="padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="text-align: center; padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 2pt;" colspan="10">
<div style="text-align: center; white-space: nowrap;">(in thousands)</div>
</td>
<td style="padding: 0pt;">​</td>
</tr>
<tr style="text-align: right; text-transform: none; background-color: #cceeff; font: 10pt/10pt 'times new roman', times, serif; white-space: nowrap; color: #000000; vertical-align: bottom;">
<td style="text-align: left; padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 2.25pt;">
<div style="white-space: nowrap;">One year or less</div>
</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 2.25pt;">$</td>
<td style="padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 2.25pt;">86,769</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 2.25pt;">$</td>
<td style="padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 2.25pt;">87,096</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
</tr>
<tr style="text-align: right; text-transform: none; font: 10pt/10pt 'times new roman', times, serif; white-space: nowrap; color: #000000; vertical-align: bottom;">
<td style="text-align: left; padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 2.25pt;">
<div style="white-space: nowrap;">After one year through five years</div>
</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 2.25pt;">​</td>
<td style="padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 2.25pt;">289,078</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 2.25pt;">​</td>
<td style="padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 2.25pt;">286,135</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
</tr>
<tr style="text-align: right; text-transform: none; background-color: #cceeff; font: 10pt/10pt 'times new roman', times, serif; white-space: nowrap; color: #000000; vertical-align: bottom;">
<td style="text-align: left; padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 2.25pt;">
<div style="white-space: nowrap;">After five years through ten years</div>
</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 2.25pt;">​</td>
<td style="padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 2.25pt;">115,835</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 2.25pt;">​</td>
<td style="padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 2.25pt;">115,459</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
</tr>
<tr style="text-align: right; text-transform: none; font: 10pt/10pt 'times new roman', times, serif; white-space: nowrap; color: #000000; vertical-align: bottom;">
<td style="text-align: left; padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 2.25pt;">
<div style="white-space: nowrap;">After ten years</div>
</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 2.25pt;">​</td>
<td style="padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 2.25pt;">136,199</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 2.25pt;">​</td>
<td style="padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 2.25pt;">141,353</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
</tr>
<tr style="text-align: right; text-transform: none; background-color: #cceeff; font: 10pt/10pt 'times new roman', times, serif; white-space: nowrap; color: #000000; vertical-align: bottom;">
<td style="text-align: left; padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 2.25pt;">
<div style="white-space: nowrap;">Residential mortgage-backed</div>
</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 2.25pt;">​</td>
<td style="padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 2.25pt;">137,308</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 2.25pt;">​</td>
<td style="padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 2.25pt;">136,887</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
</tr>
<tr style="text-align: right; text-transform: none; font: 10pt/10pt 'times new roman', times, serif; white-space: nowrap; color: #000000; vertical-align: bottom;">
<td style="text-align: left; padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 2.25pt;">
<div style="white-space: nowrap;">Commercial mortgage and asset-backed</div>
</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 2.25pt;">​</td>
<td style="padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 2.25pt;">130,231</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 2.25pt;">​</td>
<td style="padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 2.25pt;">130,696</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
</tr>
<tr style="text-align: right; text-transform: none; background-color: #cceeff; font: 10pt/10pt 'times new roman', times, serif; white-space: nowrap; color: #000000; vertical-align: bottom;">
<td style="border-bottom: #cceeff 1px solid; text-align: left; padding-bottom: 1.25pt; padding-left: 0pt; padding-right: 0pt; padding-top: 2.25pt;">
<div style="white-space: nowrap;">Redeemable preferred stock</div>
</td>
<td style="border-bottom: #cceeff 1px solid; padding: 0pt;">​</td>
<td style="border-bottom: #cceeff 1px solid; padding: 0pt;">​</td>
<td style="border-bottom: #cceeff 1px solid; padding: 0pt;">​</td>
<td style="border-bottom: #000000 1px solid; padding-bottom: 1.25pt; padding-left: 0pt; padding-right: 0pt; padding-top: 2.25pt;">​</td>
<td style="border-bottom: #000000 1px solid; padding-bottom: 1.25pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 2.25pt;">2,025</td>
<td style="border-bottom: #cceeff 1px solid; padding: 0pt;">​</td>
<td style="border-bottom: #cceeff 1px solid; padding: 0pt;">​</td>
<td style="border-bottom: #cceeff 1px solid; padding: 0pt;">​</td>
<td style="border-bottom: #cceeff 1px solid; padding: 0pt;">​</td>
<td style="border-bottom: #000000 1px solid; padding-bottom: 1.25pt; padding-left: 0pt; padding-right: 0pt; padding-top: 2.25pt;">​</td>
<td style="border-bottom: #000000 1px solid; padding-bottom: 1.25pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 2.25pt;">2,034</td>
<td style="border-bottom: #cceeff 1px solid; padding: 0pt;">​</td>
<td style="border-bottom: #cceeff 1px solid; padding: 0pt;">​</td>
</tr>
<tr style="text-align: right; text-transform: none; font: 10pt/10pt 'times new roman', times, serif; white-space: nowrap; color: #000000; vertical-align: bottom;">
<td style="text-align: left; padding-bottom: 2.75pt; padding-left: 0pt; padding-right: 0pt; padding-top: 2pt;">
<div style="white-space: nowrap;">Total</div>
</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="border-bottom: #000000 3px double; padding-bottom: 2pt; padding-left: 0pt; padding-right: 0pt; padding-top: 2pt;">$</td>
<td style="border-bottom: #000000 3px double; padding-bottom: 2pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 2pt;">897,445</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="border-bottom: #000000 3px double; padding-bottom: 2pt; padding-left: 0pt; padding-right: 0pt; padding-top: 2pt;">$</td>
<td style="border-bottom: #000000 3px double; padding-bottom: 2pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 2pt;">899,660</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
</tr>
<tr style="line-height: 5.25pt; height: 5.25pt;">
<td style="line-height: 0pt; font-size: 0pt; padding: 0pt;" colspan="16">​</td>
</tr>
</table>
<p style="widows: 1; text-transform: none; margin-top: 11.84pt; text-indent: 20pt; font: 13px/12pt 'times new roman', times, serif; white-space: normal; letter-spacing: normal; color: #000000; word-spacing: 0px; -webkit-text-stroke-width: 0px;">Actual maturities may differ for some securities because borrowers have the right to call or prepay obligations with or without penalties.</p>
<p style="widows: 1; text-transform: none; margin-top: 1pt; text-indent: 20pt; font: 13px/12pt 'times new roman', times, serif; white-space: normal; letter-spacing: normal; color: #000000; word-spacing: 0px; -webkit-text-stroke-width: 0px;">The following table shows the Company’s gross unrealized losses and fair value for available-for-sale securities aggregated by investment category and the length of time that individual securities have been in a continuous unrealized loss position:</p>
<table style="widows: 1; text-transform: none; margin-top: 5pt; text-indent: 0px; width: 80%; border-collapse: collapse; font: 13px 'times new roman', times, serif; white-space: normal; letter-spacing: normal; height: 480px; color: #000000; word-spacing: 0px; -webkit-text-stroke-width: 0px;" border="0">
<tr style="text-align: center; text-transform: none; font: bold 8pt/8pt 'times new roman', times, serif; white-space: nowrap; color: #000000; vertical-align: bottom;">
<td style="border-bottom: #ffffff 1px solid; text-align: left; padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="border-bottom: #ffffff 1px solid; padding: 0pt;">​</td>
<td style="border-bottom: #ffffff 1px solid; padding: 0pt;">​</td>
<td style="border-bottom: #000000 1px solid; padding-bottom: 2.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 0pt;" colspan="10">
<div style="text-align: center; white-space: nowrap;">Less Than 12 Months</div>
</td>
<td style="border-bottom: #ffffff 1px solid; padding: 0pt;">​</td>
<td style="border-bottom: #ffffff 1px solid; padding: 0pt;">​</td>
<td style="border-bottom: #000000 1px solid; padding-bottom: 2.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 0pt;" colspan="10">
<div style="text-align: center; white-space: nowrap;">12 Months or More</div>
</td>
<td style="border-bottom: #ffffff 1px solid; padding: 0pt;">​</td>
<td style="border-bottom: #ffffff 1px solid; padding: 0pt;">​</td>
<td style="border-bottom: #000000 1px solid; padding-bottom: 2.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 0pt;" colspan="10">
<div style="text-align: center; white-space: nowrap;">Total</div>
</td>
<td style="border-bottom: #ffffff 1px solid; padding: 0pt;">​</td>
</tr>
<tr style="text-align: center; text-transform: none; font: bold 8pt/9pt 'times new roman', times, serif; white-space: nowrap; color: #000000; vertical-align: bottom;">
<td style="border-bottom: #ffffff 1px solid; text-align: left; padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="border-bottom: #ffffff 1px solid; padding: 0pt;">​</td>
<td style="border-bottom: #ffffff 1px solid; padding: 0pt;">​</td>
<td style="border-bottom: #000000 1px solid; padding-bottom: 2.167pt; padding-left: 0pt; padding-right: 0pt; padding-top: 2.583pt;" colspan="4">
<div style="text-align: center;">Fair <br />Value</div>
</td>
<td style="border-bottom: #ffffff 1px solid; padding: 0pt;">​</td>
<td style="border-bottom: #ffffff 1px solid; padding: 0pt;">​</td>
<td style="border-bottom: #000000 1px solid; padding-bottom: 2.167pt; padding-left: 0pt; padding-right: 0pt; padding-top: 2.583pt;" colspan="4">
<div style="text-align: center;">Gross <br />Unrealized <br />Losses</div>
</td>
<td style="border-bottom: #ffffff 1px solid; padding: 0pt;">​</td>
<td style="border-bottom: #ffffff 1px solid; padding: 0pt;">​</td>
<td style="border-bottom: #000000 1px solid; padding-bottom: 2.167pt; padding-left: 0pt; padding-right: 0pt; padding-top: 2.583pt;" colspan="4">
<div style="text-align: center;">Fair <br />Value</div>
</td>
<td style="border-bottom: #ffffff 1px solid; padding: 0pt;">​</td>
<td style="border-bottom: #ffffff 1px solid; padding: 0pt;">​</td>
<td style="border-bottom: #000000 1px solid; padding-bottom: 2.167pt; padding-left: 0pt; padding-right: 0pt; padding-top: 2.583pt;" colspan="4">
<div style="text-align: center;">Gross <br />Unrealized <br />Losses</div>
</td>
<td style="border-bottom: #ffffff 1px solid; padding: 0pt;">​</td>
<td style="border-bottom: #ffffff 1px solid; padding: 0pt;">​</td>
<td style="border-bottom: #000000 1px solid; padding-bottom: 2.167pt; padding-left: 0pt; padding-right: 0pt; padding-top: 2.583pt;" colspan="4">
<div style="text-align: center;">Fair <br />Value</div>
</td>
<td style="border-bottom: #ffffff 1px solid; padding: 0pt;">​</td>
<td style="border-bottom: #ffffff 1px solid; padding: 0pt;">​</td>
<td style="border-bottom: #000000 1px solid; padding-bottom: 2.167pt; padding-left: 0pt; padding-right: 0pt; padding-top: 2.583pt;" colspan="4">
<div style="text-align: center;">Gross <br />Unrealized <br />Losses</div>
</td>
<td style="border-bottom: #ffffff 1px solid; padding: 0pt;">​</td>
</tr>
<tr style="text-align: left; text-transform: none; font: bold italic 8pt/8pt 'times new roman', times, serif; white-space: nowrap; color: #000000; vertical-align: bottom;">
<td style="padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="text-align: center; padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.25pt;" colspan="34">
<div style="text-align: center; white-space: nowrap;">(in thousands)</div>
</td>
<td style="padding: 0pt;">​</td>
</tr>
<tr style="text-align: left; text-transform: none; background-color: #cceeff; font: bold 10pt/10pt 'times new roman', times, serif; white-space: nowrap; color: #000000; vertical-align: bottom;">
<td style="padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.5pt;">December 31, 2015</td>
<td style="padding: 0pt;">​</td>
<td colspan="6">​</td>
<td colspan="6">​</td>
<td colspan="6">​</td>
<td colspan="6">​</td>
<td colspan="6">​</td>
<td colspan="6">​</td>
</tr>
<tr style="text-align: left; text-transform: none; font: 10pt/10pt 'times new roman', times, serif; white-space: nowrap; color: #000000; vertical-align: bottom;">
<td style="padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.5pt;">Fixed maturity securities:</td>
<td style="padding: 0pt;">​</td>
<td colspan="6">​</td>
<td colspan="6">​</td>
<td colspan="6">​</td>
<td colspan="6">​</td>
<td colspan="6">​</td>
<td colspan="6">​</td>
</tr>
<tr style="text-align: right; text-transform: none; background-color: #cceeff; font: 10pt/10pt 'times new roman', times, serif; white-space: nowrap; color: #000000; vertical-align: bottom;">
<td style="text-align: left; padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.5pt;">
<div style="margin-left: 10pt;">State and municipal</div>
</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.5pt;">$</td>
<td style="padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3.5pt;">9,492</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding-bottom: 0pt; padding-left: 2.44pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.5pt;">$</td>
<td style="padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3.5pt;">(135<font style="position: absolute;">)</font></td>
<td style="padding-bottom: 0pt; padding-left: 2.44pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.5pt;">$</td>
<td style="padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3.5pt;">—</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding-bottom: 0pt; padding-left: 2.44pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.5pt;">$</td>
<td style="padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3.5pt;">—</td>
<td style="padding-bottom: 0pt; padding-left: 2.44pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.5pt;">$</td>
<td style="padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3.5pt;">9,492</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.5pt;">$</td>
<td style="padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3.5pt;">(135<font style="position: absolute;">)</font></td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
</tr>
<tr style="text-align: right; text-transform: none; font: 10pt/10pt 'times new roman', times, serif; white-space: nowrap; color: #000000; vertical-align: bottom;">
<td style="text-align: left; padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.5pt;">
<div style="margin-left: 10pt;">Residential mortgage-backed</div>
</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.5pt;">​</td>
<td style="padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3.5pt;">39,895</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding-bottom: 0pt; padding-left: 2.44pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.5pt;">​</td>
<td style="padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3.5pt;">(465<font style="position: absolute;">)</font></td>
<td style="padding-bottom: 0pt; padding-left: 2.44pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.5pt;">​</td>
<td style="padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3.5pt;">40,656</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding-bottom: 0pt; padding-left: 2.44pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.5pt;">​</td>
<td style="padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3.5pt;">(1,674<font style="position: absolute;">)</font></td>
<td style="padding-bottom: 0pt; padding-left: 2.44pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.5pt;">​</td>
<td style="padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3.5pt;">80,551</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.5pt;">​</td>
<td style="padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3.5pt;">(2,139<font style="position: absolute;">)</font></td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
</tr>
<tr style="text-align: right; text-transform: none; background-color: #cceeff; font: 10pt/10pt 'times new roman', times, serif; white-space: nowrap; color: #000000; vertical-align: bottom;">
<td style="text-align: left; padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.5pt;">
<div style="margin-left: 10pt;">Corporate</div>
</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.5pt;">​</td>
<td style="padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3.5pt;">177,149</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding-bottom: 0pt; padding-left: 2.44pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.5pt;">​</td>
<td style="padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3.5pt;">(5,281<font style="position: absolute;">)</font></td>
<td style="padding-bottom: 0pt; padding-left: 2.44pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.5pt;">​</td>
<td style="padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3.5pt;">6,433</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding-bottom: 0pt; padding-left: 2.44pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.5pt;">​</td>
<td style="padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3.5pt;">(4,500<font style="position: absolute;">)</font></td>
<td style="padding-bottom: 0pt; padding-left: 2.44pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.5pt;">​</td>
<td style="padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3.5pt;">183,582</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.5pt;">​</td>
<td style="padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3.5pt;">(9,781<font style="position: absolute;">)</font></td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
</tr>
<tr style="text-align: right; text-transform: none; font: 10pt/12pt 'times new roman', times, serif; white-space: nowrap; color: #000000; vertical-align: bottom;">
<td style="text-align: left; padding-bottom: 0.833pt; padding-left: 0pt; padding-right: 0pt; white-space: normal; padding-top: 2.167pt;">
<div style="text-indent: -10pt; margin-left: 20pt;">Commercial mortgage and <br />asset-backed</div>
</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding-bottom: 0.833pt; padding-left: 0pt; padding-right: 0pt; padding-top: 2.167pt;">​</td>
<td style="padding-bottom: 0.833pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 2.167pt;">74,518</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding-bottom: 0pt; padding-left: 2.44pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="padding-bottom: 0.833pt; padding-left: 0pt; padding-right: 0pt; padding-top: 2.167pt;">​</td>
<td style="padding-bottom: 0.833pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 2.167pt;">(339<font style="position: absolute;">)</font></td>
<td style="padding-bottom: 0pt; padding-left: 2.44pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding-bottom: 0.833pt; padding-left: 0pt; padding-right: 0pt; padding-top: 2.167pt;">​</td>
<td style="padding-bottom: 0.833pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 2.167pt;">11,437</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding-bottom: 0pt; padding-left: 2.44pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="padding-bottom: 0.833pt; padding-left: 0pt; padding-right: 0pt; padding-top: 2.167pt;">​</td>
<td style="padding-bottom: 0.833pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 2.167pt;">(86<font style="position: absolute;">)</font></td>
<td style="padding-bottom: 0pt; padding-left: 2.44pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding-bottom: 0.833pt; padding-left: 0pt; padding-right: 0pt; padding-top: 2.167pt;">​</td>
<td style="padding-bottom: 0.833pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 2.167pt;">85,955</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding-bottom: 0.833pt; padding-left: 0pt; padding-right: 0pt; padding-top: 2.167pt;">​</td>
<td style="padding-bottom: 0.833pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 2.167pt;">(425<font style="position: absolute;">)</font></td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
</tr>
<tr style="text-align: right; text-transform: none; background-color: #cceeff; font: 10pt/12pt 'times new roman', times, serif; white-space: nowrap; color: #000000; vertical-align: bottom;">
<td style="text-align: left; padding-bottom: 0.833pt; padding-left: 0pt; padding-right: 0pt; white-space: normal; padding-top: 2.167pt;">
<div style="text-indent: -10pt; margin-left: 10pt;">Obligations of U.S. government corporations and agencies</div>
</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding-bottom: 0.833pt; padding-left: 0pt; padding-right: 0pt; padding-top: 2.167pt;">​</td>
<td style="padding-bottom: 0.833pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 2.167pt;">43,907</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding-bottom: 0pt; padding-left: 2.44pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="padding-bottom: 0.833pt; padding-left: 0pt; padding-right: 0pt; padding-top: 2.167pt;">​</td>
<td style="padding-bottom: 0.833pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 2.167pt;">(231<font style="position: absolute;">)</font></td>
<td style="padding-bottom: 0pt; padding-left: 2.44pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding-bottom: 0.833pt; padding-left: 0pt; padding-right: 0pt; padding-top: 2.167pt;">​</td>
<td style="padding-bottom: 0.833pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 2.167pt;">4,012</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding-bottom: 0pt; padding-left: 2.44pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="padding-bottom: 0.833pt; padding-left: 0pt; padding-right: 0pt; padding-top: 2.167pt;">​</td>
<td style="padding-bottom: 0.833pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 2.167pt;">(38<font style="position: absolute;">)</font></td>
<td style="padding-bottom: 0pt; padding-left: 2.44pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding-bottom: 0.833pt; padding-left: 0pt; padding-right: 0pt; padding-top: 2.167pt;">​</td>
<td style="padding-bottom: 0.833pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 2.167pt;">47,919</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding-bottom: 0.833pt; padding-left: 0pt; padding-right: 0pt; padding-top: 2.167pt;">​</td>
<td style="padding-bottom: 0.833pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 2.167pt;">(269<font style="position: absolute;">)</font></td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
</tr>
<tr style="text-align: right; text-transform: none; font: 10pt/12pt 'times new roman', times, serif; white-space: nowrap; color: #000000; vertical-align: bottom;">
<td style="border-bottom: #ffffff 1px solid; text-align: left; padding-bottom: 1.833pt; padding-left: 0pt; padding-right: 0pt; white-space: normal; padding-top: 2.167pt;">
<div style="text-indent: -10pt; margin-left: 10pt;">U.S. Treasury securities and obligations guaranteed by the U.S. government</div>
</td>
<td style="border-bottom: #ffffff 1px solid; padding: 0pt;">​</td>
<td style="border-bottom: #ffffff 1px solid; padding: 0pt;">​</td>
<td style="border-bottom: #ffffff 1px solid; padding: 0pt;">​</td>
<td style="border-bottom: #000000 1px solid; padding-bottom: 1.833pt; padding-left: 0pt; padding-right: 0pt; padding-top: 2.167pt;">​</td>
<td style="border-bottom: #000000 1px solid; padding-bottom: 1.833pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 2.167pt;">49,452</td>
<td style="border-bottom: #ffffff 1px solid; padding: 0pt;">​</td>
<td style="border-bottom: #ffffff 1px solid; padding: 0pt;">​</td>
<td style="border-bottom: #ffffff 1px solid; padding: 0pt;">​</td>
<td style="border-bottom: #ffffff 1px solid; padding-bottom: 0pt; padding-left: 2.44pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="border-bottom: #000000 1px solid; padding-bottom: 1.833pt; padding-left: 0pt; padding-right: 0pt; padding-top: 2.167pt;">​</td>
<td style="border-bottom: #000000 1px solid; padding-bottom: 1.833pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 2.167pt;">(213<font style="position: absolute;">)</font></td>
<td style="border-bottom: #ffffff 1px solid; padding-bottom: 0pt; padding-left: 2.44pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="border-bottom: #ffffff 1px solid; padding: 0pt;">​</td>
<td style="border-bottom: #ffffff 1px solid; padding: 0pt;">​</td>
<td style="border-bottom: #ffffff 1px solid; padding: 0pt;">​</td>
<td style="border-bottom: #000000 1px solid; padding-bottom: 1.833pt; padding-left: 0pt; padding-right: 0pt; padding-top: 2.167pt;">​</td>
<td style="border-bottom: #000000 1px solid; padding-bottom: 1.833pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 2.167pt;">2,186</td>
<td style="border-bottom: #ffffff 1px solid; padding: 0pt;">​</td>
<td style="border-bottom: #ffffff 1px solid; padding: 0pt;">​</td>
<td style="border-bottom: #ffffff 1px solid; padding: 0pt;">​</td>
<td style="border-bottom: #ffffff 1px solid; padding-bottom: 0pt; padding-left: 2.44pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="border-bottom: #000000 1px solid; padding-bottom: 1.833pt; padding-left: 0pt; padding-right: 0pt; padding-top: 2.167pt;">​</td>
<td style="border-bottom: #000000 1px solid; padding-bottom: 1.833pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 2.167pt;">(19<font style="position: absolute;">)</font></td>
<td style="border-bottom: #ffffff 1px solid; padding-bottom: 0pt; padding-left: 2.44pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="border-bottom: #ffffff 1px solid; padding: 0pt;">​</td>
<td style="border-bottom: #ffffff 1px solid; padding: 0pt;">​</td>
<td style="border-bottom: #ffffff 1px solid; padding: 0pt;">​</td>
<td style="border-bottom: #000000 1px solid; padding-bottom: 1.833pt; padding-left: 0pt; padding-right: 0pt; padding-top: 2.167pt;">​</td>
<td style="border-bottom: #000000 1px solid; padding-bottom: 1.833pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 2.167pt;">51,638</td>
<td style="border-bottom: #ffffff 1px solid; padding: 0pt;">​</td>
<td style="border-bottom: #ffffff 1px solid; padding: 0pt;">​</td>
<td style="border-bottom: #ffffff 1px solid; padding: 0pt;">​</td>
<td style="border-bottom: #ffffff 1px solid; padding: 0pt;">​</td>
<td style="border-bottom: #000000 1px solid; padding-bottom: 1.833pt; padding-left: 0pt; padding-right: 0pt; padding-top: 2.167pt;">​</td>
<td style="border-bottom: #000000 1px solid; padding-bottom: 1.833pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 2.167pt;">(232<font style="position: absolute;">)</font></td>
<td style="border-bottom: #ffffff 1px solid; padding: 0pt;">​</td>
<td style="border-bottom: #ffffff 1px solid; padding: 0pt;">​</td>
</tr>
<tr style="text-align: right; text-transform: none; background-color: #cceeff; font: 10pt/10pt 'times new roman', times, serif; white-space: nowrap; color: #000000; vertical-align: bottom;">
<td style="text-align: left; padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.25pt;">
<div style="white-space: nowrap;">Total fixed maturity securities</div>
</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.25pt;">​</td>
<td style="padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3.25pt;">394,413</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding-bottom: 0pt; padding-left: 2.44pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.25pt;">​</td>
<td style="padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3.25pt;">(6,664<font style="position: absolute;">)</font></td>
<td style="padding-bottom: 0pt; padding-left: 2.44pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.25pt;">​</td>
<td style="padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3.25pt;">64,724</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding-bottom: 0pt; padding-left: 2.44pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.25pt;">​</td>
<td style="padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3.25pt;">(6,317<font style="position: absolute;">)</font></td>
<td style="padding-bottom: 0pt; padding-left: 2.44pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.25pt;">​</td>
<td style="padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3.25pt;">459,137</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.25pt;">​</td>
<td style="padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3.25pt;">(12,981<font style="position: absolute;">)</font></td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
</tr>
<tr style="text-align: right; text-transform: none; font: 10pt/10pt 'times new roman', times, serif; white-space: nowrap; color: #000000; vertical-align: bottom;">
<td style="border-bottom: #ffffff 1px solid; text-align: left; padding-bottom: 2.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.5pt;">
<div style="white-space: nowrap;">Equity securities</div>
</td>
<td style="border-bottom: #ffffff 1px solid; padding: 0pt;">​</td>
<td style="border-bottom: #ffffff 1px solid; padding: 0pt;">​</td>
<td style="border-bottom: #ffffff 1px solid; padding: 0pt;">​</td>
<td style="border-bottom: #000000 1px solid; padding-bottom: 2.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.5pt;">​</td>
<td style="border-bottom: #000000 1px solid; padding-bottom: 2.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3.5pt;">4,196</td>
<td style="border-bottom: #ffffff 1px solid; padding: 0pt;">​</td>
<td style="border-bottom: #ffffff 1px solid; padding: 0pt;">​</td>
<td style="border-bottom: #ffffff 1px solid; padding: 0pt;">​</td>
<td style="border-bottom: #ffffff 1px solid; padding-bottom: 0pt; padding-left: 2.44pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="border-bottom: #000000 1px solid; padding-bottom: 2.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.5pt;">​</td>
<td style="border-bottom: #000000 1px solid; padding-bottom: 2.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3.5pt;">(172<font style="position: absolute;">)</font></td>
<td style="border-bottom: #ffffff 1px solid; padding-bottom: 0pt; padding-left: 2.44pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="border-bottom: #ffffff 1px solid; padding: 0pt;">​</td>
<td style="border-bottom: #ffffff 1px solid; padding: 0pt;">​</td>
<td style="border-bottom: #ffffff 1px solid; padding: 0pt;">​</td>
<td style="border-bottom: #000000 1px solid; padding-bottom: 2.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.5pt;">​</td>
<td style="border-bottom: #000000 1px solid; padding-bottom: 2.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3.5pt;">5,704</td>
<td style="border-bottom: #ffffff 1px solid; padding: 0pt;">​</td>
<td style="border-bottom: #ffffff 1px solid; padding: 0pt;">​</td>
<td style="border-bottom: #ffffff 1px solid; padding: 0pt;">​</td>
<td style="border-bottom: #ffffff 1px solid; padding-bottom: 0pt; padding-left: 2.44pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="border-bottom: #000000 1px solid; padding-bottom: 2.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.5pt;">​</td>
<td style="border-bottom: #000000 1px solid; padding-bottom: 2.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3.5pt;">(1,059<font style="position: absolute;">)</font></td>
<td style="border-bottom: #ffffff 1px solid; padding-bottom: 0pt; padding-left: 2.44pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="border-bottom: #ffffff 1px solid; padding: 0pt;">​</td>
<td style="border-bottom: #ffffff 1px solid; padding: 0pt;">​</td>
<td style="border-bottom: #ffffff 1px solid; padding: 0pt;">​</td>
<td style="border-bottom: #000000 1px solid; padding-bottom: 2.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.5pt;">​</td>
<td style="border-bottom: #000000 1px solid; padding-bottom: 2.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3.5pt;">9,900</td>
<td style="border-bottom: #ffffff 1px solid; padding: 0pt;">​</td>
<td style="border-bottom: #ffffff 1px solid; padding: 0pt;">​</td>
<td style="border-bottom: #ffffff 1px solid; padding: 0pt;">​</td>
<td style="border-bottom: #ffffff 1px solid; padding: 0pt;">​</td>
<td style="border-bottom: #000000 1px solid; padding-bottom: 2.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.5pt;">​</td>
<td style="border-bottom: #000000 1px solid; padding-bottom: 2.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3.5pt;">(1,231<font style="position: absolute;">)</font></td>
<td style="border-bottom: #ffffff 1px solid; padding: 0pt;">​</td>
<td style="border-bottom: #ffffff 1px solid; padding: 0pt;">​</td>
</tr>
<tr style="text-align: right; text-transform: none; background-color: #cceeff; font: 10pt/10pt 'times new roman', times, serif; white-space: nowrap; color: #000000; vertical-align: bottom;">
<td style="text-align: left; padding-bottom: 3.25pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.25pt;">
<div style="white-space: nowrap;">Total investments available-for-sale</div>
</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="border-bottom: #000000 3px double; padding-bottom: 2.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.25pt;">$</td>
<td style="border-bottom: #000000 3px double; padding-bottom: 2.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3.25pt;">398,609</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding-bottom: 0pt; padding-left: 2.44pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="border-bottom: #000000 3px double; padding-bottom: 2.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.25pt;">$</td>
<td style="border-bottom: #000000 3px double; padding-bottom: 2.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3.25pt;">(6,836<font style="position: absolute;">)</font></td>
<td style="padding-bottom: 0pt; padding-left: 2.44pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="border-bottom: #000000 3px double; padding-bottom: 2.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.25pt;">$</td>
<td style="border-bottom: #000000 3px double; padding-bottom: 2.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3.25pt;">70,428</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding-bottom: 0pt; padding-left: 2.44pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="border-bottom: #000000 3px double; padding-bottom: 2.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.25pt;">$</td>
<td style="border-bottom: #000000 3px double; padding-bottom: 2.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3.25pt;">(7,376<font style="position: absolute;">)</font></td>
<td style="padding-bottom: 0pt; padding-left: 2.44pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="border-bottom: #000000 3px double; padding-bottom: 2.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.25pt;">$</td>
<td style="border-bottom: #000000 3px double; padding-bottom: 2.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3.25pt;">469,037</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="border-bottom: #000000 3px double; padding-bottom: 2.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.25pt;">$</td>
<td style="border-bottom: #000000 3px double; padding-bottom: 2.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3.25pt;">(14,212<font style="position: absolute;">)</font></td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
</tr>
<tr style="text-align: left; text-transform: none; font: bold 10pt/10pt 'times new roman', times, serif; white-space: nowrap; color: #000000; vertical-align: bottom;">
<td style="padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 8.75pt;">December 31, 2014</td>
<td style="padding: 0pt;">​</td>
<td colspan="6">​</td>
<td colspan="6">​</td>
<td colspan="6">​</td>
<td colspan="6">​</td>
<td colspan="6">​</td>
<td colspan="6">​</td>
</tr>
<tr style="text-align: left; text-transform: none; background-color: #cceeff; font: 10pt/10pt 'times new roman', times, serif; white-space: nowrap; color: #000000; vertical-align: bottom;">
<td style="padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.5pt;">Fixed maturity securities:</td>
<td style="padding: 0pt;">​</td>
<td colspan="6">​</td>
<td colspan="6">​</td>
<td colspan="6">​</td>
<td colspan="6">​</td>
<td colspan="6">​</td>
<td colspan="6">​</td>
</tr>
<tr style="text-align: right; text-transform: none; font: 10pt/10pt 'times new roman', times, serif; white-space: nowrap; color: #000000; vertical-align: bottom;">
<td style="text-align: left; padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.5pt;">
<div style="margin-left: 10pt;">State and municipal</div>
</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.5pt;">$</td>
<td style="padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3.5pt;">3,197</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding-bottom: 0pt; padding-left: 2.44pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.5pt;">$</td>
<td style="padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3.5pt;">(176<font style="position: absolute;">)</font></td>
<td style="padding-bottom: 0pt; padding-left: 2.44pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.5pt;">$</td>
<td style="padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3.5pt;">247</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding-bottom: 0pt; padding-left: 2.44pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.5pt;">$</td>
<td style="padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3.5pt;">(2<font style="position: absolute;">)</font></td>
<td style="padding-bottom: 0pt; padding-left: 2.44pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.5pt;">$</td>
<td style="padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3.5pt;">3,444</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.5pt;">$</td>
<td style="padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3.5pt;">(178<font style="position: absolute;">)</font></td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
</tr>
<tr style="text-align: right; text-transform: none; background-color: #cceeff; font: 10pt/10pt 'times new roman', times, serif; white-space: nowrap; color: #000000; vertical-align: bottom;">
<td style="text-align: left; padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.5pt;">
<div style="margin-left: 10pt;">Residential mortgage-backed</div>
</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.5pt;">​</td>
<td style="padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3.5pt;">2,072</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding-bottom: 0pt; padding-left: 2.44pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.5pt;">​</td>
<td style="padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3.5pt;">(2<font style="position: absolute;">)</font></td>
<td style="padding-bottom: 0pt; padding-left: 2.44pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.5pt;">​</td>
<td style="padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3.5pt;">47,594</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding-bottom: 0pt; padding-left: 2.44pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.5pt;">​</td>
<td style="padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3.5pt;">(1,407<font style="position: absolute;">)</font></td>
<td style="padding-bottom: 0pt; padding-left: 2.44pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.5pt;">​</td>
<td style="padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3.5pt;">49,666</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.5pt;">​</td>
<td style="padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3.5pt;">(1,409<font style="position: absolute;">)</font></td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
</tr>
<tr style="text-align: right; text-transform: none; font: 10pt/10pt 'times new roman', times, serif; white-space: nowrap; color: #000000; vertical-align: bottom;">
<td style="text-align: left; padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.5pt;">
<div style="margin-left: 10pt;">Corporate</div>
</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.5pt;">​</td>
<td style="padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3.5pt;">25,885</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding-bottom: 0pt; padding-left: 2.44pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.5pt;">​</td>
<td style="padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3.5pt;">(235<font style="position: absolute;">)</font></td>
<td style="padding-bottom: 0pt; padding-left: 2.44pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.5pt;">​</td>
<td style="padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3.5pt;">22,353</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding-bottom: 0pt; padding-left: 2.44pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.5pt;">​</td>
<td style="padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3.5pt;">(2,199<font style="position: absolute;">)</font></td>
<td style="padding-bottom: 0pt; padding-left: 2.44pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.5pt;">​</td>
<td style="padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3.5pt;">48,238</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.5pt;">​</td>
<td style="padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3.5pt;">(2,434<font style="position: absolute;">)</font></td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
</tr>
<tr style="text-align: right; text-transform: none; background-color: #cceeff; font: 10pt/12pt 'times new roman', times, serif; white-space: nowrap; color: #000000; vertical-align: bottom;">
<td style="text-align: left; padding-bottom: 0.833pt; padding-left: 0pt; padding-right: 0pt; white-space: normal; padding-top: 2.167pt;">
<div style="text-indent: -10pt; margin-left: 20pt;">Commercial mortgage and <br />asset-backed</div>
</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding-bottom: 0.833pt; padding-left: 0pt; padding-right: 0pt; padding-top: 2.167pt;">​</td>
<td style="padding-bottom: 0.833pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 2.167pt;">23,894</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding-bottom: 0pt; padding-left: 2.44pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="padding-bottom: 0.833pt; padding-left: 0pt; padding-right: 0pt; padding-top: 2.167pt;">​</td>
<td style="padding-bottom: 0.833pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 2.167pt;">(118<font style="position: absolute;">)</font></td>
<td style="padding-bottom: 0pt; padding-left: 2.44pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding-bottom: 0.833pt; padding-left: 0pt; padding-right: 0pt; padding-top: 2.167pt;">​</td>
<td style="padding-bottom: 0.833pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 2.167pt;">8,742</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding-bottom: 0pt; padding-left: 2.44pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="padding-bottom: 0.833pt; padding-left: 0pt; padding-right: 0pt; padding-top: 2.167pt;">​</td>
<td style="padding-bottom: 0.833pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 2.167pt;">(26<font style="position: absolute;">)</font></td>
<td style="padding-bottom: 0pt; padding-left: 2.44pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding-bottom: 0.833pt; padding-left: 0pt; padding-right: 0pt; padding-top: 2.167pt;">​</td>
<td style="padding-bottom: 0.833pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 2.167pt;">32,636</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding-bottom: 0.833pt; padding-left: 0pt; padding-right: 0pt; padding-top: 2.167pt;">​</td>
<td style="padding-bottom: 0.833pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 2.167pt;">(144<font style="position: absolute;">)</font></td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
</tr>
<tr style="text-align: right; text-transform: none; font: 10pt/12pt 'times new roman', times, serif; white-space: nowrap; color: #000000; vertical-align: bottom;">
<td style="text-align: left; padding-bottom: 0.833pt; padding-left: 0pt; padding-right: 0pt; white-space: normal; padding-top: 2.167pt;">
<div style="text-indent: -10pt; margin-left: 10pt;">Obligations of U.S. government corporations and agencies</div>
</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding-bottom: 0.833pt; padding-left: 0pt; padding-right: 0pt; padding-top: 2.167pt;">​</td>
<td style="padding-bottom: 0.833pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 2.167pt;">202</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding-bottom: 0pt; padding-left: 2.44pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="padding-bottom: 0.833pt; padding-left: 0pt; padding-right: 0pt; padding-top: 2.167pt;">​</td>
<td style="padding-bottom: 0.833pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 2.167pt;">—</td>
<td style="padding-bottom: 0pt; padding-left: 2.44pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding-bottom: 0.833pt; padding-left: 0pt; padding-right: 0pt; padding-top: 2.167pt;">​</td>
<td style="padding-bottom: 0.833pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 2.167pt;">48,029</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding-bottom: 0pt; padding-left: 2.44pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="padding-bottom: 0.833pt; padding-left: 0pt; padding-right: 0pt; padding-top: 2.167pt;">​</td>
<td style="padding-bottom: 0.833pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 2.167pt;">(532<font style="position: absolute;">)</font></td>
<td style="padding-bottom: 0pt; padding-left: 2.44pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding-bottom: 0.833pt; padding-left: 0pt; padding-right: 0pt; padding-top: 2.167pt;">​</td>
<td style="padding-bottom: 0.833pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 2.167pt;">48,231</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding-bottom: 0.833pt; padding-left: 0pt; padding-right: 0pt; padding-top: 2.167pt;">​</td>
<td style="padding-bottom: 0.833pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 2.167pt;">(532<font style="position: absolute;">)</font></td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
</tr>
<tr style="text-align: right; text-transform: none; background-color: #cceeff; font: 10pt/12pt 'times new roman', times, serif; white-space: nowrap; color: #000000; vertical-align: bottom;">
<td style="text-align: left; padding-bottom: 0.833pt; padding-left: 0pt; padding-right: 0pt; white-space: normal; padding-top: 2.167pt;">
<div style="text-indent: -10pt; margin-left: 10pt;">U.S. Treasury securities and obligations guaranteed by the U.S. government</div>
</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding-bottom: 0.833pt; padding-left: 0pt; padding-right: 0pt; padding-top: 2.167pt;">​</td>
<td style="padding-bottom: 0.833pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 2.167pt;">13,055</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding-bottom: 0pt; padding-left: 2.44pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="padding-bottom: 0.833pt; padding-left: 0pt; padding-right: 0pt; padding-top: 2.167pt;">​</td>
<td style="padding-bottom: 0.833pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 2.167pt;">(24<font style="position: absolute;">)</font></td>
<td style="padding-bottom: 0pt; padding-left: 2.44pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding-bottom: 0.833pt; padding-left: 0pt; padding-right: 0pt; padding-top: 2.167pt;">​</td>
<td style="padding-bottom: 0.833pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 2.167pt;">19,383</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding-bottom: 0pt; padding-left: 2.44pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="padding-bottom: 0.833pt; padding-left: 0pt; padding-right: 0pt; padding-top: 2.167pt;">​</td>
<td style="padding-bottom: 0.833pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 2.167pt;">(169<font style="position: absolute;">)</font></td>
<td style="padding-bottom: 0pt; padding-left: 2.44pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding-bottom: 0.833pt; padding-left: 0pt; padding-right: 0pt; padding-top: 2.167pt;">​</td>
<td style="padding-bottom: 0.833pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 2.167pt;">32,438</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding-bottom: 0.833pt; padding-left: 0pt; padding-right: 0pt; padding-top: 2.167pt;">​</td>
<td style="padding-bottom: 0.833pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 2.167pt;">(193<font style="position: absolute;">)</font></td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
</tr>
<tr style="text-align: right; text-transform: none; font: 10pt/10pt 'times new roman', times, serif; white-space: nowrap; color: #000000; vertical-align: bottom;">
<td style="border-bottom: #ffffff 1px solid; text-align: left; padding-bottom: 2.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.5pt;">
<div style="white-space: nowrap;">Redeemable preferred stock</div>
</td>
<td style="border-bottom: #ffffff 1px solid; padding: 0pt;">​</td>
<td style="border-bottom: #ffffff 1px solid; padding: 0pt;">​</td>
<td style="border-bottom: #ffffff 1px solid; padding: 0pt;">​</td>
<td style="border-bottom: #000000 1px solid; padding-bottom: 2.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.5pt;">​</td>
<td style="border-bottom: #000000 1px solid; padding-bottom: 2.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3.5pt;">—</td>
<td style="border-bottom: #ffffff 1px solid; padding: 0pt;">​</td>
<td style="border-bottom: #ffffff 1px solid; padding: 0pt;">​</td>
<td style="border-bottom: #ffffff 1px solid; padding: 0pt;">​</td>
<td style="border-bottom: #ffffff 1px solid; padding-bottom: 0pt; padding-left: 2.44pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="border-bottom: #000000 1px solid; padding-bottom: 2.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.5pt;">​</td>
<td style="border-bottom: #000000 1px solid; padding-bottom: 2.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3.5pt;">–</td>
<td style="border-bottom: #ffffff 1px solid; padding-bottom: 0pt; padding-left: 2.44pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="border-bottom: #ffffff 1px solid; padding: 0pt;">​</td>
<td style="border-bottom: #ffffff 1px solid; padding: 0pt;">​</td>
<td style="border-bottom: #ffffff 1px solid; padding: 0pt;">​</td>
<td style="border-bottom: #000000 1px solid; padding-bottom: 2.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.5pt;">​</td>
<td style="border-bottom: #000000 1px solid; padding-bottom: 2.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3.5pt;">1,901</td>
<td style="border-bottom: #ffffff 1px solid; padding: 0pt;">​</td>
<td style="border-bottom: #ffffff 1px solid; padding: 0pt;">​</td>
<td style="border-bottom: #ffffff 1px solid; padding: 0pt;">​</td>
<td style="border-bottom: #ffffff 1px solid; padding-bottom: 0pt; padding-left: 2.44pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="border-bottom: #000000 1px solid; padding-bottom: 2.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.5pt;">​</td>
<td style="border-bottom: #000000 1px solid; padding-bottom: 2.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3.5pt;">(124<font style="position: absolute;">)</font></td>
<td style="border-bottom: #ffffff 1px solid; padding-bottom: 0pt; padding-left: 2.44pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="border-bottom: #ffffff 1px solid; padding: 0pt;">​</td>
<td style="border-bottom: #ffffff 1px solid; padding: 0pt;">​</td>
<td style="border-bottom: #ffffff 1px solid; padding: 0pt;">​</td>
<td style="border-bottom: #000000 1px solid; padding-bottom: 2.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.5pt;">​</td>
<td style="border-bottom: #000000 1px solid; padding-bottom: 2.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3.5pt;">1,901</td>
<td style="border-bottom: #ffffff 1px solid; padding: 0pt;">​</td>
<td style="border-bottom: #ffffff 1px solid; padding: 0pt;">​</td>
<td style="border-bottom: #ffffff 1px solid; padding: 0pt;">​</td>
<td style="border-bottom: #ffffff 1px solid; padding: 0pt;">​</td>
<td style="border-bottom: #000000 1px solid; padding-bottom: 2.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.5pt;">​</td>
<td style="border-bottom: #000000 1px solid; padding-bottom: 2.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3.5pt;">(124<font style="position: absolute;">)</font></td>
<td style="border-bottom: #ffffff 1px solid; padding: 0pt;">​</td>
<td style="border-bottom: #ffffff 1px solid; padding: 0pt;">​</td>
</tr>
<tr style="text-align: right; text-transform: none; background-color: #cceeff; font: 10pt/10pt 'times new roman', times, serif; white-space: nowrap; color: #000000; vertical-align: bottom;">
<td style="text-align: left; padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.25pt;">
<div style="white-space: nowrap;">Total fixed maturity securities</div>
</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.25pt;">​</td>
<td style="padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3.25pt;">68,305</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding-bottom: 0pt; padding-left: 2.44pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.25pt;">​</td>
<td style="padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3.25pt;">(555<font style="position: absolute;">)</font></td>
<td style="padding-bottom: 0pt; padding-left: 2.44pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.25pt;">​</td>
<td style="padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3.25pt;">148,249</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding-bottom: 0pt; padding-left: 2.44pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.25pt;">​</td>
<td style="padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3.25pt;">(4,459<font style="position: absolute;">)</font></td>
<td style="padding-bottom: 0pt; padding-left: 2.44pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.25pt;">​</td>
<td style="padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3.25pt;">216,554</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.25pt;">​</td>
<td style="padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3.25pt;">(5,014<font style="position: absolute;">)</font></td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
</tr>
<tr style="text-align: right; text-transform: none; font: 10pt/10pt 'times new roman', times, serif; white-space: nowrap; color: #000000; vertical-align: bottom;">
<td style="border-bottom: #ffffff 1px solid; text-align: left; padding-bottom: 2.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.5pt;">
<div style="white-space: nowrap;">Equity securities</div>
</td>
<td style="border-bottom: #ffffff 1px solid; padding: 0pt;">​</td>
<td style="border-bottom: #ffffff 1px solid; padding: 0pt;">​</td>
<td style="border-bottom: #ffffff 1px solid; padding: 0pt;">​</td>
<td style="border-bottom: #000000 1px solid; padding-bottom: 2.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.5pt;">​</td>
<td style="border-bottom: #000000 1px solid; padding-bottom: 2.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3.5pt;">1,361</td>
<td style="border-bottom: #ffffff 1px solid; padding: 0pt;">​</td>
<td style="border-bottom: #ffffff 1px solid; padding: 0pt;">​</td>
<td style="border-bottom: #ffffff 1px solid; padding: 0pt;">​</td>
<td style="border-bottom: #ffffff 1px solid; padding-bottom: 0pt; padding-left: 2.44pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="border-bottom: #000000 1px solid; padding-bottom: 2.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.5pt;">​</td>
<td style="border-bottom: #000000 1px solid; padding-bottom: 2.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3.5pt;">(205<font style="position: absolute;">)</font></td>
<td style="border-bottom: #ffffff 1px solid; padding-bottom: 0pt; padding-left: 2.44pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="border-bottom: #ffffff 1px solid; padding: 0pt;">​</td>
<td style="border-bottom: #ffffff 1px solid; padding: 0pt;">​</td>
<td style="border-bottom: #ffffff 1px solid; padding: 0pt;">​</td>
<td style="border-bottom: #000000 1px solid; padding-bottom: 2.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.5pt;">​</td>
<td style="border-bottom: #000000 1px solid; padding-bottom: 2.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3.5pt;">10,621</td>
<td style="border-bottom: #ffffff 1px solid; padding: 0pt;">​</td>
<td style="border-bottom: #ffffff 1px solid; padding: 0pt;">​</td>
<td style="border-bottom: #ffffff 1px solid; padding: 0pt;">​</td>
<td style="border-bottom: #ffffff 1px solid; padding-bottom: 0pt; padding-left: 2.44pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="border-bottom: #000000 1px solid; padding-bottom: 2.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.5pt;">​</td>
<td style="border-bottom: #000000 1px solid; padding-bottom: 2.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3.5pt;">(1,420<font style="position: absolute;">)</font></td>
<td style="border-bottom: #ffffff 1px solid; padding-bottom: 0pt; padding-left: 2.44pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="border-bottom: #ffffff 1px solid; padding: 0pt;">​</td>
<td style="border-bottom: #ffffff 1px solid; padding: 0pt;">​</td>
<td style="border-bottom: #ffffff 1px solid; padding: 0pt;">​</td>
<td style="border-bottom: #000000 1px solid; padding-bottom: 2.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.5pt;">​</td>
<td style="border-bottom: #000000 1px solid; padding-bottom: 2.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3.5pt;">11,982</td>
<td style="border-bottom: #ffffff 1px solid; padding: 0pt;">​</td>
<td style="border-bottom: #ffffff 1px solid; padding: 0pt;">​</td>
<td style="border-bottom: #ffffff 1px solid; padding: 0pt;">​</td>
<td style="border-bottom: #ffffff 1px solid; padding: 0pt;">​</td>
<td style="border-bottom: #000000 1px solid; padding-bottom: 2.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.5pt;">​</td>
<td style="border-bottom: #000000 1px solid; padding-bottom: 2.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3.5pt;">(1,625<font style="position: absolute;">)</font></td>
<td style="border-bottom: #ffffff 1px solid; padding: 0pt;">​</td>
<td style="border-bottom: #ffffff 1px solid; padding: 0pt;">​</td>
</tr>
<tr style="text-align: right; text-transform: none; background-color: #cceeff; font: 10pt/10pt 'times new roman', times, serif; white-space: nowrap; color: #000000; vertical-align: bottom;">
<td style="text-align: left; padding-bottom: 2.75pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.25pt;">
<div style="white-space: nowrap;">Total investments available-for-sale</div>
</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="border-bottom: #000000 3px double; padding-bottom: 2pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.25pt;">$</td>
<td style="border-bottom: #000000 3px double; padding-bottom: 2pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3.25pt;">69,666</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding-bottom: 0pt; padding-left: 2.44pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="border-bottom: #000000 3px double; padding-bottom: 2pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.25pt;">$</td>
<td style="border-bottom: #000000 3px double; padding-bottom: 2pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3.25pt;">(760<font style="position: absolute;">)</font></td>
<td style="padding-bottom: 0pt; padding-left: 2.44pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="border-bottom: #000000 3px double; padding-bottom: 2pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.25pt;">$</td>
<td style="border-bottom: #000000 3px double; padding-bottom: 2pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3.25pt;">158,870</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding-bottom: 0pt; padding-left: 2.44pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="border-bottom: #000000 3px double; padding-bottom: 2pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.25pt;">$</td>
<td style="border-bottom: #000000 3px double; padding-bottom: 2pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3.25pt;">(5,879<font style="position: absolute;">)</font></td>
<td style="padding-bottom: 0pt; padding-left: 2.44pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="border-bottom: #000000 3px double; padding-bottom: 2pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.25pt;">$</td>
<td style="border-bottom: #000000 3px double; padding-bottom: 2pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3.25pt;">228,536</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="border-bottom: #000000 3px double; padding-bottom: 2pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.25pt;">$</td>
<td style="border-bottom: #000000 3px double; padding-bottom: 2pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3.25pt;">(6,639<font style="position: absolute;">)</font></td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
</tr>
<tr style="line-height: 4pt; height: 4pt;">
<td style="line-height: 0pt; font-size: 0pt; padding: 0pt;" colspan="44">​</td>
</tr>
</table>
<p style="widows: 1; text-transform: none; margin-top: 12.98pt; text-indent: 20pt; font: 13px/12pt 'times new roman', times, serif; white-space: normal; letter-spacing: normal; color: #000000; word-spacing: 0px; -webkit-text-stroke-width: 0px;">The Company held available-for-sale securities of 113 issuers that were in an unrealized loss position at December 31, 2015 with a total fair value of  $469.0 million and gross unrealized losses of  $14.2 million. None of the fixed maturity securities with unrealized losses has ever missed, or been delinquent on, a scheduled principal or interest payment.</p>
<p align="left" style="widows: 1; text-transform: none; margin-top: 1pt; text-indent: 20pt; font: 13px/12pt 'times new roman', times, serif; white-space: normal; letter-spacing: normal; color: #000000; margin-left: 10px; word-spacing: 0px; -webkit-text-stroke-width: 0px;">At December 31, 2015, 86.6% of the Company’s fixed maturity security portfolio was rated “A-” or better by Standard & Poor’s or received an equivalent rating from another nationally recognized rating agency. Fixed maturity securities with ratings below investment grade by Standard & Poor’s or another nationally recognized rating agency at December 31, 2015 had an aggregate fair value of  $9.4 million and an aggregate net unrealized loss of  $5.2 million.</p>
<p align="left" style="widows: 1; text-transform: none; margin-top: 6pt; text-indent: 20pt; font: 13px/12pt 'times new roman', times, serif; white-space: normal; letter-spacing: normal; color: #000000; margin-left: 10px; word-spacing: 0px; -webkit-text-stroke-width: 0px;">The Company previously held two municipal bonds issued by the Commonwealth of Puerto Rico. Puerto Rico’s weak economic conditions and heavy debt burden heightened the risk of default on the bonds and management concluded that the bonds, which had been downgraded to below investment grade, were other-than-temporarily impaired at June 30, 2014. The Company recognized impairment losses of  $660,000 and $1.4 million on these bonds for the years ended December 31, 2015, and 2014, respectively. There was no such impairment on these bonds at December 31, 2013. The bonds were sold during the second quarter of 2015 and a net realized gain of  $22,000 was recognized on the sales.</p>
<p align="left" style="widows: 1; text-transform: none; margin-top: 6pt; text-indent: 20pt; font: 13px/12pt 'times new roman', times, serif; white-space: normal; letter-spacing: normal; color: #000000; margin-left: 10px; word-spacing: 0px; -webkit-text-stroke-width: 0px;">Management concluded that none of the other fixed maturity securities with an unrealized loss at December 31, 2015, 2014, and 2013 experienced an other-than-temporary impairment. Management does not intend to sell available-for-sale securities in an unrealized loss position, and it is not “more likely than not” that the Company will be required to sell these securities before a recovery in their value to their amortized cost basis occurs. Management also concluded that none of the equity securities with an unrealized loss at December 31, 2015 and 2014 experienced an other-than-temporary impairment. Management concluded that one of the equity securities with an unrealized loss at December 31, 2013 experienced an other-than-temporary impairment, and accordingly, the Company recorded an impairment loss of  $804,000 in 2013. Management concluded that the remaining equity securities with an unrealized loss at December 31, 2013 had not experienced an other-than-temporary impairment. Management has evaluated the near-term prospects of these equity securities in relation to the severity and duration of the impairment, and management has the ability and intent to hold these securities until a recovery of their fair value.</p>
<p align="left" style="widows: 1; text-transform: none; margin-top: 6pt; text-indent: 20pt; font: 13px/12pt 'times new roman', times, serif; white-space: normal; letter-spacing: normal; color: #000000; margin-left: 10px; word-spacing: 0px; -webkit-text-stroke-width: 0px;">The Company holds participations in two loans maturing in 2016 and 2017, that were issued by companies that produce and supply power to Puerto Rico through power purchase agreements with Puerto Rico Electric Power Authority (“PREPA”), a public corporation and governmental agency of the Commonwealth of Puerto Rico. PREPA’s credit strength and ability to make timely payments has been impacted by the economic conditions in Puerto Rico, thus raising doubt about the companies’ ability to meet the debt obligations held by the Company. Management concluded that the loans were impaired at December 31, 2014 and established an allowance for credit losses on the loans of  $752,000. After recording this impairment, these loans had a carrying value of  $7.1 million at December 31, 2014 and unpaid principal of  $8.4 million. At December 31, 2015, the allowance for credit losses on these loans was $414,000. The loans had a carrying value of  $3.9 million at December 31, 2015 and unpaid principal of  $4.6 million. There was no such impairment on these loans at December 31, 2013.</p>
<p align="left" style="widows: 1; text-transform: none; margin-top: 6pt; text-indent: 20pt; font: 13px/12pt 'times new roman', times, serif; white-space: normal; letter-spacing: normal; color: #000000; margin-left: 10px; word-spacing: 0px; -webkit-text-stroke-width: 0px;">A number of the Company’s bank loans are to oil and gas companies in the energy sector. The market values of these loans declined significantly in the fourth quarter of 2014 in response to declining energy prices. The declines in market values continued into 2015 and, after discussions with our independent investment manager, management decided to sell certain energy sector loans where there was an increased risk associated with the issuer’s ability to meet all principal and interest obligations as they became due. At December 31, 2015, the Company’s remaining oil and gas exposure in the bank loan portfolio was in eight loans with a carrying value of  $15.8 million and an unrealized loss of  $4.1 million. All of these loans are current at December 31, 2015. Management concluded that two of these loans were impaired as of December 31, 2015, and accordingly, an allowance for credit losses of  $3.9 million was established on the loans. After recording this impairment, the loans had a carrying value of  $1.7 million at December 31, 2015 and unpaid principal of  $5.8 million. Management also concluded that one non-energy sector loan held at December 31, 2015 was impaired and an allowance for credit losses of  $34,000 was established on the loan. After recording this impairment, the loan had a carrying value of  $689,000 at December 31, 2015 and unpaid principal of  $722,000. There was no allowance for credit losses on these loans at December 31, 2014, or 2013.</p>
<p align="left" style="widows: 1; text-transform: none; margin-top: 6pt; text-indent: 20pt; font: 13px/12pt 'times new roman', times, serif; white-space: normal; letter-spacing: normal; color: #000000; margin-left: 10px; word-spacing: 0px; -webkit-text-stroke-width: 0px;">At December 31, 2013, investments in bank loan participations considered impaired were $246,000, net of the related allowance for credit losses on such bank loan participations of  $242,000. The unpaid principal balance on these bank loan participations was $488,000 at December 31, 2013.</p>
<p align="left" style="widows: 1; text-transform: none; margin-top: 6pt; text-indent: 20pt; font: 13px/12pt 'times new roman', times, serif; white-space: normal; letter-spacing: normal; color: #000000; margin-left: 10px; word-spacing: 0px; -webkit-text-stroke-width: 0px;">Bank loan participations generally have a credit rating that is below investment grade (i.e. below “BBB-” for Standard & Poor’s) at the date of purchase. These bank loans are primarily senior, secured floating-rate debt rated “BB”, “B”, or “CCC” by Standard & Poor’s or an equivalent rating from another nationally recognized rating agency. These bank loans include assignments of, and participations in, performing and non-performing senior corporate debt generally acquired through primary bank syndications and in secondary markets. Bank loans consist of, but are not limited to, term loans, the funded and unfunded portions of revolving credit loans, and other similar loans and investments. Management believed that it was probable at the time that these loans were acquired that the Company would be able to collect all contractually required payments receivable.</p>
<p align="left" style="widows: 1; text-transform: none; margin-top: 6pt; text-indent: 20pt; font: 13px/12pt 'times new roman', times, serif; white-space: normal; letter-spacing: normal; color: #000000; margin-left: 10px; word-spacing: 0px; -webkit-text-stroke-width: 0px;">Generally, the accrual of interest on a bank loan participation is discontinued when the contractual payment of principal or interest has become 90 days past due or management has serious doubts about further collectability of principal or interest. A bank loan participation may remain on accrual status if it is in the process of collection and is either guaranteed or well secured. Generally, bank loan participations are restored to accrual status when the obligation is brought current, has performed in accordance with the contractual terms for a reasonable period of time, and the ultimate collectability of the total contractual principal and interest is no longer in doubt. Interest received on nonaccrual loans generally is reported as investment income. There were no bank loans on nonaccrual status at December 31, 2015 or 2014.</p>
<p align="left" style="widows: 1; text-transform: none; margin-top: 6pt; text-indent: 20pt; font: 13px/12pt 'times new roman', times, serif; white-space: normal; letter-spacing: normal; color: #000000; margin-left: 10px; word-spacing: 0px; -webkit-text-stroke-width: 0px;">The allowance for credit losses is maintained at a level believed adequate by management to absorb estimated probable credit losses. Management’s periodic evaluation of the adequacy of the allowance is based on consultations and advice of the Company’s specialized investment manager, known and inherent risks in the portfolio, adverse situations that may affect the borrower’s ability to repay, the estimated value of any underlying collateral, current economic conditions, and other relevant factors. The Company generally records an allowance equal to the difference between the fair value and the amortized cost of bank loans that it has determined to be impaired as a practical expedient for an estimate of probable future cash flows to be collected on those bank loans. Bank loans are charged off against the allowance after all means of collection have been exhausted and the potential for recovery is considered remote.</p>
<p align="left" style="widows: 1; text-transform: none; margin-top: 6pt; text-indent: 20pt; font: 13px/12pt 'times new roman', times, serif; white-space: normal; letter-spacing: normal; color: #000000; margin-left: 10px; word-spacing: 0px; -webkit-text-stroke-width: 0px;">The average recorded investment in impaired bank loans was $6.7 million, $3.7 million, and $307,000, during the years ended December 31, 2015, 2014, and 2013, respectively, and investment income of $229,000, $106,000, and $32,000, was recognized during the time that the loans were impaired. The Company recorded realized losses of  $3.4 million, $607,000, and $121,000 during the years ended December 31, 2015, 2014, and 2013, respectively, for changes in the fair value of impaired bank loans.</p>
<p align="left" style="widows: 1; text-transform: none; margin-top: 6pt; text-indent: 20pt; font: 13px/12pt 'times new roman', times, serif; white-space: normal; letter-spacing: normal; color: #000000; margin-left: 10px; word-spacing: 0px; -webkit-text-stroke-width: 0px;">At December 31, 2015, unamortized discounts on bank loan participations were $7.1 million, and unamortized premiums on bank loan participations were $35,000. At December 31, 2014, unamortized discounts on bank loan participations were $3.8 million, and unamortized premiums on bank loan participations were $26,000.</p>
<p style="widows: 1; text-transform: none; margin-top: 1pt; text-indent: 0px; font: 13px/12pt 'times new roman', times, serif; white-space: normal; letter-spacing: normal; color: #000000; margin-left: 20pt; word-spacing: 0px; -webkit-text-stroke-width: 0px;">Major categories of the Company’s net investment income are summarized as follows:</p>
<div style="widows: 1; text-transform: none; margin-top: 46pt; text-indent: 0px; font: 13px 'times new roman', times, serif; white-space: normal; letter-spacing: normal; color: #000000; margin-left: 70pt; word-spacing: 0px; -webkit-text-stroke-width: 0px;">
<table style="margin-top: 8pt; width: 80%; border-collapse: collapse; height: 143px; margin-left: 20pt;" border="0">
<tr style="text-align: left; text-transform: none; font: bold 8pt/8pt 'times new roman', times, serif; white-space: nowrap; color: #000000; vertical-align: bottom;">
<td style="border-bottom: #ffffff 1px solid; padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="border-bottom: #ffffff 1px solid; padding: 0pt;">​</td>
<td style="border-bottom: #ffffff 1px solid; padding: 0pt;">​</td>
<td style="border-bottom: #000000 1px solid; text-align: center; padding-bottom: 1.25pt; padding-left: 0pt; padding-right: 0pt; padding-top: 0pt;" colspan="16">
<div style="text-align: center; white-space: nowrap;">Year Ended December 31,</div>
</td>
<td style="border-bottom: #ffffff 1px solid; padding: 0pt;">​</td>
</tr>
<tr style="text-align: center; text-transform: none; font: bold 8pt/8pt 'times new roman', times, serif; white-space: nowrap; color: #000000; vertical-align: bottom;">
<td style="border-bottom: #ffffff 1px solid; text-align: left; padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="border-bottom: #ffffff 1px solid; padding: 0pt;">​</td>
<td style="border-bottom: #ffffff 1px solid; padding: 0pt;">​</td>
<td style="border-bottom: #000000 1px solid; padding-bottom: 1.25pt; padding-left: 0pt; padding-right: 0pt; padding-top: 2pt;" colspan="4">
<div style="text-align: center; white-space: nowrap;">2015</div>
</td>
<td style="border-bottom: #ffffff 1px solid; padding: 0pt;">​</td>
<td style="border-bottom: #ffffff 1px solid; padding: 0pt;">​</td>
<td style="border-bottom: #000000 1px solid; padding-bottom: 1.25pt; padding-left: 0pt; padding-right: 0pt; padding-top: 2pt;" colspan="4">
<div style="text-align: center; white-space: nowrap;">2014</div>
</td>
<td style="border-bottom: #ffffff 1px solid; padding: 0pt;">​</td>
<td style="border-bottom: #ffffff 1px solid; padding: 0pt;">​</td>
<td style="border-bottom: #000000 1px solid; padding-bottom: 1.25pt; padding-left: 0pt; padding-right: 0pt; padding-top: 2pt;" colspan="4">
<div style="text-align: center; white-space: nowrap;">2013</div>
</td>
<td style="border-bottom: #ffffff 1px solid; padding: 0pt;">​</td>
</tr>
<tr style="text-align: left; text-transform: none; font: bold italic 8pt/8pt 'times new roman', times, serif; white-space: nowrap; color: #000000; vertical-align: bottom;">
<td style="padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="text-align: center; padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 2pt;" colspan="16">
<div style="text-align: center; white-space: nowrap;">(in thousands)</div>
</td>
<td style="padding: 0pt;">​</td>
</tr>
<tr style="text-align: right; text-transform: none; background-color: #cceeff; font: 10pt/10pt 'times new roman', times, serif; white-space: nowrap; color: #000000; vertical-align: bottom;">
<td style="text-align: left; padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 2.25pt;">
<div style="white-space: nowrap;">Fixed maturity securities</div>
</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 2.25pt;">$</td>
<td style="padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 2.25pt;">24,178</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 2.25pt;">$</td>
<td style="padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 2.25pt;">22,861</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 2.25pt;">$</td>
<td style="padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 2.25pt;">24,896</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
</tr>
<tr style="text-align: right; text-transform: none; font: 10pt/10pt 'times new roman', times, serif; white-space: nowrap; color: #000000; vertical-align: bottom;">
<td style="text-align: left; padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 2.25pt;">
<div style="white-space: nowrap;">Bank loan participations</div>
</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 2.25pt;">​</td>
<td style="padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 2.25pt;">13,432</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 2.25pt;">​</td>
<td style="padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 2.25pt;">13,809</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 2.25pt;">​</td>
<td style="padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 2.25pt;">14,406</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
</tr>
<tr style="text-align: right; text-transform: none; background-color: #cceeff; font: 10pt/10pt 'times new roman', times, serif; white-space: nowrap; color: #000000; vertical-align: bottom;">
<td style="text-align: left; padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 2.25pt;">
<div style="white-space: nowrap;">Equity securities</div>
</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 2.25pt;">​</td>
<td style="padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 2.25pt;">4,444</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 2.25pt;">​</td>
<td style="padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 2.25pt;">4,103</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 2.25pt;">​</td>
<td style="padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 2.25pt;">4,308</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
</tr>
<tr style="text-align: right; text-transform: none; font: 10pt/10pt 'times new roman', times, serif; white-space: nowrap; color: #000000; vertical-align: bottom;">
<td style="text-align: left; padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 2.25pt;">
<div style="white-space: nowrap;">Other invested assets</div>
</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 2.25pt;">​</td>
<td style="padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 2.25pt;">5,947</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 2.25pt;">​</td>
<td style="padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 2.25pt;">5,690</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 2.25pt;">​</td>
<td style="padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 2.25pt;">5,123</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
</tr>
<tr style="text-align: right; text-transform: none; background-color: #cceeff; font: 10pt/10pt 'times new roman', times, serif; white-space: nowrap; color: #000000; vertical-align: bottom;">
<td style="text-align: left; padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 2.25pt;">
<div style="white-space: nowrap;">Cash, cash equivalents, short-term investments, and other</div>
</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 2.25pt;">​</td>
<td style="padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 2.25pt;">672</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 2.25pt;">​</td>
<td style="padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 2.25pt;">116</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 2.25pt;">​</td>
<td style="padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 2.25pt;">120</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
</tr>
<tr style="text-align: right; text-transform: none; font: 10pt/10pt 'times new roman', times, serif; white-space: nowrap; color: #000000; vertical-align: bottom;">
<td style="border-bottom: #ffffff 1px solid; text-align: left; padding-bottom: 1.25pt; padding-left: 0pt; padding-right: 0pt; padding-top: 2.25pt;">
<div style="white-space: nowrap;">Trading losses</div>
</td>
<td style="border-bottom: #ffffff 1px solid; padding: 0pt;">​</td>
<td style="border-bottom: #ffffff 1px solid; padding: 0pt;">​</td>
<td style="border-bottom: #ffffff 1px solid; padding: 0pt;">​</td>
<td style="border-bottom: #000000 1px solid; padding-bottom: 1.25pt; padding-left: 0pt; padding-right: 0pt; padding-top: 2.25pt;">​</td>
<td style="border-bottom: #000000 1px solid; padding-bottom: 1.25pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 2.25pt;">(9<font style="position: absolute;">)</font></td>
<td style="border-bottom: #ffffff 1px solid; padding: 0pt;">​</td>
<td style="border-bottom: #ffffff 1px solid; padding: 0pt;">​</td>
<td style="border-bottom: #ffffff 1px solid; padding: 0pt;">​</td>
<td style="border-bottom: #ffffff 1px solid; padding: 0pt;">​</td>
<td style="border-bottom: #000000 1px solid; padding-bottom: 1.25pt; padding-left: 0pt; padding-right: 0pt; padding-top: 2.25pt;">​</td>
<td style="border-bottom: #000000 1px solid; padding-bottom: 1.25pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 2.25pt;">(32<font style="position: absolute;">)</font></td>
<td style="border-bottom: #ffffff 1px solid; padding: 0pt;">​</td>
<td style="border-bottom: #ffffff 1px solid; padding: 0pt;">​</td>
<td style="border-bottom: #ffffff 1px solid; padding: 0pt;">​</td>
<td style="border-bottom: #ffffff 1px solid; padding: 0pt;">​</td>
<td style="border-bottom: #000000 1px solid; padding-bottom: 1.25pt; padding-left: 0pt; padding-right: 0pt; padding-top: 2.25pt;">​</td>
<td style="border-bottom: #000000 1px solid; padding-bottom: 1.25pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 2.25pt;">(226<font style="position: absolute;">)</font></td>
<td style="border-bottom: #ffffff 1px solid; padding: 0pt;">​</td>
<td style="border-bottom: #ffffff 1px solid; padding: 0pt;">​</td>
</tr>
<tr style="text-align: right; text-transform: none; background-color: #cceeff; font: 10pt/10pt 'times new roman', times, serif; white-space: nowrap; color: #000000; vertical-align: bottom;">
<td style="text-align: left; padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 2pt;">
<div style="white-space: nowrap;">Gross investment income</div>
</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 2pt;">​</td>
<td style="padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 2pt;">48,664</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 2pt;">​</td>
<td style="padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 2pt;">46,547</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 2pt;">​</td>
<td style="padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 2pt;">48,627</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
</tr>
<tr style="text-align: right; text-transform: none; font: 10pt/10pt 'times new roman', times, serif; white-space: nowrap; color: #000000; vertical-align: bottom;">
<td style="border-bottom: #ffffff 1px solid; text-align: left; padding-bottom: 1.25pt; padding-left: 0pt; padding-right: 0pt; padding-top: 2.25pt;">
<div style="white-space: nowrap;">Investment expense</div>
</td>
<td style="border-bottom: #ffffff 1px solid; padding: 0pt;">​</td>
<td style="border-bottom: #ffffff 1px solid; padding: 0pt;">​</td>
<td style="border-bottom: #ffffff 1px solid; padding: 0pt;">​</td>
<td style="border-bottom: #000000 1px solid; padding-bottom: 1.25pt; padding-left: 0pt; padding-right: 0pt; padding-top: 2.25pt;">​</td>
<td style="border-bottom: #000000 1px solid; padding-bottom: 1.25pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 2.25pt;">(3,829<font style="position: absolute;">)</font></td>
<td style="border-bottom: #ffffff 1px solid; padding: 0pt;">​</td>
<td style="border-bottom: #ffffff 1px solid; padding: 0pt;">​</td>
<td style="border-bottom: #ffffff 1px solid; padding: 0pt;">​</td>
<td style="border-bottom: #ffffff 1px solid; padding: 0pt;">​</td>
<td style="border-bottom: #000000 1px solid; padding-bottom: 1.25pt; padding-left: 0pt; padding-right: 0pt; padding-top: 2.25pt;">​</td>
<td style="border-bottom: #000000 1px solid; padding-bottom: 1.25pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 2.25pt;">(3,542<font style="position: absolute;">)</font></td>
<td style="border-bottom: #ffffff 1px solid; padding: 0pt;">​</td>
<td style="border-bottom: #ffffff 1px solid; padding: 0pt;">​</td>
<td style="border-bottom: #ffffff 1px solid; padding: 0pt;">​</td>
<td style="border-bottom: #ffffff 1px solid; padding: 0pt;">​</td>
<td style="border-bottom: #000000 1px solid; padding-bottom: 1.25pt; padding-left: 0pt; padding-right: 0pt; padding-top: 2.25pt;">​</td>
<td style="border-bottom: #000000 1px solid; padding-bottom: 1.25pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 2.25pt;">(3,254<font style="position: absolute;">)</font></td>
<td style="border-bottom: #ffffff 1px solid; padding: 0pt;">​</td>
<td style="border-bottom: #ffffff 1px solid; padding: 0pt;">​</td>
</tr>
<tr style="text-align: right; text-transform: none; background-color: #cceeff; font: 10pt/10pt 'times new roman', times, serif; white-space: nowrap; color: #000000; vertical-align: bottom;">
<td style="text-align: left; padding-bottom: 2.75pt; padding-left: 0pt; padding-right: 0pt; padding-top: 2pt;">
<div style="white-space: nowrap;">Net investment income</div>
</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="border-bottom: #000000 3px double; padding-bottom: 2pt; padding-left: 0pt; padding-right: 0pt; padding-top: 2pt;">$</td>
<td style="border-bottom: #000000 3px double; padding-bottom: 2pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 2pt;">44,835</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="border-bottom: #000000 3px double; padding-bottom: 2pt; padding-left: 0pt; padding-right: 0pt; padding-top: 2pt;">$</td>
<td style="border-bottom: #000000 3px double; padding-bottom: 2pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 2pt;">43,005</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="border-bottom: #000000 3px double; padding-bottom: 2pt; padding-left: 0pt; padding-right: 0pt; padding-top: 2pt;">$</td>
<td style="border-bottom: #000000 3px double; padding-bottom: 2pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 2pt;">45,373</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
</tr>
<tr style="line-height: 5.25pt; height: 5.25pt;">
<td style="line-height: 0pt; font-size: 0pt; padding: 0pt;" colspan="23">​</td>
</tr>
</table>
</div>
<p style="widows: 1; text-transform: none; margin-top: 8.86pt; text-indent: 20pt; font: 13px/12pt 'times new roman', times, serif; white-space: normal; letter-spacing: normal; color: #000000; margin-left: 10px; word-spacing: 0px; -webkit-text-stroke-width: 0px;">Changes in unrealized gains or losses on securities held for trading are recorded as trading gains or losses within net investment income. Net investment income for the year ended December 31, 2015 included $9,000 of net trading losses of which $7,000 of net trading losses related to securities still held at December 31, 2015. Net investment income for the year ended December 31, 2014 included $32,000 of net trading losses of which $60,000 of net trading losses related to securities still held at December 31, 2014. Net investment income for the year ended December 31, 2013 included $226,000 of net trading losses of which $180,000 of net trading losses related to securities still held at December 31, 2013<font style="font-weight: bold;">.</font></p>
<p style="widows: 1; text-transform: none; margin-top: 5.42pt; text-indent: 0px; font: 13px/12pt 'times new roman', times, serif; white-space: normal; letter-spacing: normal; color: #000000; word-spacing: 0px; -webkit-text-stroke-width: 0px;">The Company’s realized gains and losses on investments are summarized as follows:</p>
<div style="widows: 1; text-transform: none; margin-top: 46pt; text-indent: 0px; font: 13px 'times new roman', times, serif; white-space: normal; letter-spacing: normal; color: #000000; margin-left: 70pt; word-spacing: 0px; -webkit-text-stroke-width: 0px;">
<table style="margin-top: 8pt; width: 80%; border-collapse: collapse; height: 298px; margin-left: 20pt;" border="0">
<tr style="text-align: left; text-transform: none; font: bold 8pt/8pt 'times new roman', times, serif; white-space: nowrap; color: #000000; vertical-align: bottom;">
<td style="border-bottom: #ffffff 1px solid; padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="border-bottom: #ffffff 1px solid; padding: 0pt;">​</td>
<td style="border-bottom: #ffffff 1px solid; padding: 0pt;">​</td>
<td style="border-bottom: #000000 1px solid; text-align: center; padding-bottom: 2.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 0pt;" colspan="16">
<div style="text-align: center; white-space: nowrap;">Year Ended December 31,</div>
</td>
<td style="border-bottom: #ffffff 1px solid; padding: 0pt;">​</td>
</tr>
<tr style="text-align: center; text-transform: none; font: bold 8pt/8pt 'times new roman', times, serif; white-space: nowrap; color: #000000; vertical-align: bottom;">
<td style="border-bottom: #ffffff 1px solid; text-align: left; padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="border-bottom: #ffffff 1px solid; padding: 0pt;">​</td>
<td style="border-bottom: #ffffff 1px solid; padding: 0pt;">​</td>
<td style="border-bottom: #000000 1px solid; padding-bottom: 2.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.25pt;" colspan="4">
<div style="text-align: center; white-space: nowrap;">2015</div>
</td>
<td style="border-bottom: #ffffff 1px solid; padding: 0pt;">​</td>
<td style="border-bottom: #ffffff 1px solid; padding: 0pt;">​</td>
<td style="border-bottom: #000000 1px solid; padding-bottom: 2.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.25pt;" colspan="4">
<div style="text-align: center; white-space: nowrap;">2014</div>
</td>
<td style="border-bottom: #ffffff 1px solid; padding: 0pt;">​</td>
<td style="border-bottom: #ffffff 1px solid; padding: 0pt;">​</td>
<td style="border-bottom: #000000 1px solid; padding-bottom: 2.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.25pt;" colspan="4">
<div style="text-align: center; white-space: nowrap;">2013</div>
</td>
<td style="border-bottom: #ffffff 1px solid; padding: 0pt;">​</td>
</tr>
<tr style="text-align: left; text-transform: none; font: bold italic 8pt/8pt 'times new roman', times, serif; white-space: nowrap; color: #000000; vertical-align: bottom;">
<td style="padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="text-align: center; padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.25pt;" colspan="16">
<div style="text-align: center; white-space: nowrap;">(in thousands)</div>
</td>
<td style="padding: 0pt;">​</td>
</tr>
<tr style="text-align: left; text-transform: none; background-color: #cceeff; font: 10pt/10pt 'times new roman', times, serif; white-space: nowrap; color: #000000; vertical-align: bottom;">
<td style="padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.5pt;">Fixed maturity securities:</td>
<td style="padding: 0pt;">​</td>
<td colspan="6">​</td>
<td colspan="6">​</td>
<td colspan="6">​</td>
</tr>
<tr style="text-align: right; text-transform: none; font: 10pt/10pt 'times new roman', times, serif; white-space: nowrap; color: #000000; vertical-align: bottom;">
<td style="text-align: left; padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.5pt;">
<div style="margin-left: 10pt;">Gross realized gains</div>
</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.5pt;">$</td>
<td style="padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3.5pt;">2,197</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.5pt;">$</td>
<td style="padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3.5pt;">522</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.5pt;">$</td>
<td style="padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3.5pt;">14,347</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
</tr>
<tr style="text-align: right; text-transform: none; background-color: #cceeff; font: 10pt/10pt 'times new roman', times, serif; white-space: nowrap; color: #000000; vertical-align: bottom;">
<td style="border-bottom: #cceeff 1px solid; text-align: left; padding-bottom: 2.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.5pt;">
<div style="margin-left: 10pt;">Gross realized losses</div>
</td>
<td style="border-bottom: #cceeff 1px solid; padding: 0pt;">​</td>
<td style="border-bottom: #cceeff 1px solid; padding: 0pt;">​</td>
<td style="border-bottom: #cceeff 1px solid; padding: 0pt;">​</td>
<td style="border-bottom: #000000 1px solid; padding-bottom: 2.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.5pt;">​</td>
<td style="border-bottom: #000000 1px solid; padding-bottom: 2.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3.5pt;">(826<font style="position: absolute;">)</font></td>
<td style="border-bottom: #cceeff 1px solid; padding: 0pt;">​</td>
<td style="border-bottom: #cceeff 1px solid; padding: 0pt;">​</td>
<td style="border-bottom: #cceeff 1px solid; padding: 0pt;">​</td>
<td style="border-bottom: #cceeff 1px solid; padding: 0pt;">​</td>
<td style="border-bottom: #000000 1px solid; padding-bottom: 2.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.5pt;">​</td>
<td style="border-bottom: #000000 1px solid; padding-bottom: 2.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3.5pt;">(1,502<font style="position: absolute;">)</font></td>
<td style="border-bottom: #cceeff 1px solid; padding: 0pt;">​</td>
<td style="border-bottom: #cceeff 1px solid; padding: 0pt;">​</td>
<td style="border-bottom: #cceeff 1px solid; padding: 0pt;">​</td>
<td style="border-bottom: #cceeff 1px solid; padding: 0pt;">​</td>
<td style="border-bottom: #000000 1px solid; padding-bottom: 2.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.5pt;">​</td>
<td style="border-bottom: #000000 1px solid; padding-bottom: 2.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3.5pt;">(2,823<font style="position: absolute;">)</font></td>
<td style="border-bottom: #cceeff 1px solid; padding: 0pt;">​</td>
<td style="border-bottom: #cceeff 1px solid; padding: 0pt;">​</td>
</tr>
<tr style="text-align: right; text-transform: none; font: 10pt/10pt 'times new roman', times, serif; white-space: nowrap; color: #000000; vertical-align: bottom;">
<td style="text-align: left; padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.25pt;">​</td>
<td style="padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3.25pt;">1,371</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.25pt;">​</td>
<td style="padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3.25pt;">(980<font style="position: absolute;">)</font></td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.25pt;">​</td>
<td style="padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3.25pt;">11,524</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
</tr>
<tr style="text-align: left; text-transform: none; background-color: #cceeff; font: 10pt/10pt 'times new roman', times, serif; white-space: nowrap; color: #000000; vertical-align: bottom;">
<td style="padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 9.5pt;">Equity securities:</td>
<td style="padding: 0pt;">​</td>
<td colspan="6">​</td>
<td colspan="6">​</td>
<td colspan="6">​</td>
</tr>
<tr style="text-align: right; text-transform: none; font: 10pt/10pt 'times new roman', times, serif; white-space: nowrap; color: #000000; vertical-align: bottom;">
<td style="text-align: left; padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.5pt;">
<div style="margin-left: 10pt;">Gross realized gains</div>
</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.5pt;">​</td>
<td style="padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3.5pt;">1,041</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.5pt;">​</td>
<td style="padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3.5pt;">88</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.5pt;">​</td>
<td style="padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3.5pt;">13</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
</tr>
<tr style="text-align: right; text-transform: none; background-color: #cceeff; font: 10pt/10pt 'times new roman', times, serif; white-space: nowrap; color: #000000; vertical-align: bottom;">
<td style="border-bottom: #cceeff 1px solid; text-align: left; padding-bottom: 2.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.5pt;">
<div style="margin-left: 10pt;">Gross realized losses</div>
</td>
<td style="border-bottom: #cceeff 1px solid; padding: 0pt;">​</td>
<td style="border-bottom: #cceeff 1px solid; padding: 0pt;">​</td>
<td style="border-bottom: #cceeff 1px solid; padding: 0pt;">​</td>
<td style="border-bottom: #000000 1px solid; padding-bottom: 2.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.5pt;">​</td>
<td style="border-bottom: #000000 1px solid; padding-bottom: 2.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3.5pt;">(10<font style="position: absolute;">)</font></td>
<td style="border-bottom: #cceeff 1px solid; padding: 0pt;">​</td>
<td style="border-bottom: #cceeff 1px solid; padding: 0pt;">​</td>
<td style="border-bottom: #cceeff 1px solid; padding: 0pt;">​</td>
<td style="border-bottom: #cceeff 1px solid; padding: 0pt;">​</td>
<td style="border-bottom: #000000 1px solid; padding-bottom: 2.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.5pt;">​</td>
<td style="border-bottom: #000000 1px solid; padding-bottom: 2.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3.5pt;">(842<font style="position: absolute;">)</font></td>
<td style="border-bottom: #cceeff 1px solid; padding: 0pt;">​</td>
<td style="border-bottom: #cceeff 1px solid; padding: 0pt;">​</td>
<td style="border-bottom: #cceeff 1px solid; padding: 0pt;">​</td>
<td style="border-bottom: #cceeff 1px solid; padding: 0pt;">​</td>
<td style="border-bottom: #000000 1px solid; padding-bottom: 2.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.5pt;">​</td>
<td style="border-bottom: #000000 1px solid; padding-bottom: 2.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3.5pt;">(804<font style="position: absolute;">)</font></td>
<td style="border-bottom: #cceeff 1px solid; padding: 0pt;">​</td>
<td style="border-bottom: #cceeff 1px solid; padding: 0pt;">​</td>
</tr>
<tr style="text-align: right; text-transform: none; font: 10pt/10pt 'times new roman', times, serif; white-space: nowrap; color: #000000; vertical-align: bottom;">
<td style="text-align: left; padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.25pt;">​</td>
<td style="padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3.25pt;">1,031</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.25pt;">​</td>
<td style="padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3.25pt;">(754<font style="position: absolute;">)</font></td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.25pt;">​</td>
<td style="padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3.25pt;">(791<font style="position: absolute;">)</font></td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
</tr>
<tr style="text-align: left; text-transform: none; background-color: #cceeff; font: 10pt/10pt 'times new roman', times, serif; white-space: nowrap; color: #000000; vertical-align: bottom;">
<td style="padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.5pt;">Bank loan participations:</td>
<td style="padding: 0pt;">​</td>
<td colspan="6">​</td>
<td colspan="6">​</td>
<td colspan="6">​</td>
</tr>
<tr style="text-align: right; text-transform: none; font: 10pt/10pt 'times new roman', times, serif; white-space: nowrap; color: #000000; vertical-align: bottom;">
<td style="text-align: left; padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.5pt;">
<div style="margin-left: 10pt;">Gross realized gains</div>
</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.5pt;">​</td>
<td style="padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3.5pt;">1,269</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.5pt;">​</td>
<td style="padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3.5pt;">2,178</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.5pt;">​</td>
<td style="padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3.5pt;">2,549</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
</tr>
<tr style="text-align: right; text-transform: none; background-color: #cceeff; font: 10pt/10pt 'times new roman', times, serif; white-space: nowrap; color: #000000; vertical-align: bottom;">
<td style="border-bottom: #cceeff 1px solid; text-align: left; padding-bottom: 2.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.5pt;">
<div style="margin-left: 10pt;">Gross realized losses</div>
</td>
<td style="border-bottom: #cceeff 1px solid; padding: 0pt;">​</td>
<td style="border-bottom: #cceeff 1px solid; padding: 0pt;">​</td>
<td style="border-bottom: #cceeff 1px solid; padding: 0pt;">​</td>
<td style="border-bottom: #000000 1px solid; padding-bottom: 2.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.5pt;">​</td>
<td style="border-bottom: #000000 1px solid; padding-bottom: 2.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3.5pt;">(8,258<font style="position: absolute;">)</font></td>
<td style="border-bottom: #cceeff 1px solid; padding: 0pt;">​</td>
<td style="border-bottom: #cceeff 1px solid; padding: 0pt;">​</td>
<td style="border-bottom: #cceeff 1px solid; padding: 0pt;">​</td>
<td style="border-bottom: #cceeff 1px solid; padding: 0pt;">​</td>
<td style="border-bottom: #000000 1px solid; padding-bottom: 2.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.5pt;">​</td>
<td style="border-bottom: #000000 1px solid; padding-bottom: 2.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3.5pt;">(1,211<font style="position: absolute;">)</font></td>
<td style="border-bottom: #cceeff 1px solid; padding: 0pt;">​</td>
<td style="border-bottom: #cceeff 1px solid; padding: 0pt;">​</td>
<td style="border-bottom: #cceeff 1px solid; padding: 0pt;">​</td>
<td style="border-bottom: #cceeff 1px solid; padding: 0pt;">​</td>
<td style="border-bottom: #000000 1px solid; padding-bottom: 2.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.5pt;">​</td>
<td style="border-bottom: #000000 1px solid; padding-bottom: 2.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3.5pt;">(675<font style="position: absolute;">)</font></td>
<td style="border-bottom: #cceeff 1px solid; padding: 0pt;">​</td>
<td style="border-bottom: #cceeff 1px solid; padding: 0pt;">​</td>
</tr>
<tr style="text-align: right; text-transform: none; font: 10pt/10pt 'times new roman', times, serif; white-space: nowrap; color: #000000; vertical-align: bottom;">
<td style="text-align: left; padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.25pt;">​</td>
<td style="padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3.25pt;">(6,989<font style="position: absolute;">)</font></td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.25pt;">​</td>
<td style="padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3.25pt;">967</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.25pt;">​</td>
<td style="padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3.25pt;">1,874</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
</tr>
<tr style="text-align: left; text-transform: none; background-color: #cceeff; font: 10pt/10pt 'times new roman', times, serif; white-space: nowrap; color: #000000; vertical-align: bottom;">
<td style="padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.5pt;">Short-term investments and other:</td>
<td style="padding: 0pt;">​</td>
<td colspan="6">​</td>
<td colspan="6">​</td>
<td colspan="6">​</td>
</tr>
<tr style="text-align: right; text-transform: none; font: 10pt/10pt 'times new roman', times, serif; white-space: nowrap; color: #000000; vertical-align: bottom;">
<td style="text-align: left; padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.5pt;">
<div style="margin-left: 10pt;">Gross realized gains</div>
</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.5pt;">​</td>
<td style="padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3.5pt;">54</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.5pt;">​</td>
<td style="padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3.5pt;">1,371</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.5pt;">​</td>
<td style="padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3.5pt;">12</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
</tr>
<tr style="text-align: right; text-transform: none; background-color: #cceeff; font: 10pt/10pt 'times new roman', times, serif; white-space: nowrap; color: #000000; vertical-align: bottom;">
<td style="border-bottom: #cceeff 1px solid; text-align: left; padding-bottom: 2.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.5pt;">
<div style="margin-left: 10pt;">Gross realized losses</div>
</td>
<td style="border-bottom: #cceeff 1px solid; padding: 0pt;">​</td>
<td style="border-bottom: #cceeff 1px solid; padding: 0pt;">​</td>
<td style="border-bottom: #cceeff 1px solid; padding: 0pt;">​</td>
<td style="border-bottom: #000000 1px solid; padding-bottom: 2.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.5pt;">​</td>
<td style="border-bottom: #000000 1px solid; padding-bottom: 2.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3.5pt;">(14<font style="position: absolute;">)</font></td>
<td style="border-bottom: #cceeff 1px solid; padding: 0pt;">​</td>
<td style="border-bottom: #cceeff 1px solid; padding: 0pt;">​</td>
<td style="border-bottom: #cceeff 1px solid; padding: 0pt;">​</td>
<td style="border-bottom: #cceeff 1px solid; padding: 0pt;">​</td>
<td style="border-bottom: #000000 1px solid; padding-bottom: 2.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.5pt;">​</td>
<td style="border-bottom: #000000 1px solid; padding-bottom: 2.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3.5pt;">(1,940<font style="position: absolute;">)</font></td>
<td style="border-bottom: #cceeff 1px solid; padding: 0pt;">​</td>
<td style="border-bottom: #cceeff 1px solid; padding: 0pt;">​</td>
<td style="border-bottom: #cceeff 1px solid; padding: 0pt;">​</td>
<td style="border-bottom: #cceeff 1px solid; padding: 0pt;">​</td>
<td style="border-bottom: #000000 1px solid; padding-bottom: 2.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.5pt;">​</td>
<td style="border-bottom: #000000 1px solid; padding-bottom: 2.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3.5pt;">—</td>
<td style="border-bottom: #cceeff 1px solid; padding: 0pt;">​</td>
<td style="border-bottom: #cceeff 1px solid; padding: 0pt;">​</td>
</tr>
<tr style="text-align: right; text-transform: none; font: 10pt/10pt 'times new roman', times, serif; white-space: nowrap; color: #000000; vertical-align: bottom;">
<td style="border-bottom: #ffffff 1px solid; text-align: left; padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="border-bottom: #ffffff 1px solid; padding: 0pt;">​</td>
<td style="border-bottom: #ffffff 1px solid; padding: 0pt;">​</td>
<td style="border-bottom: #ffffff 1px solid; padding: 0pt;">​</td>
<td style="border-bottom: #000000 1px solid; padding-bottom: 2.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.25pt;">​</td>
<td style="border-bottom: #000000 1px solid; padding-bottom: 2.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3.25pt;">40</td>
<td style="border-bottom: #ffffff 1px solid; padding: 0pt;">​</td>
<td style="border-bottom: #ffffff 1px solid; padding: 0pt;">​</td>
<td style="border-bottom: #ffffff 1px solid; padding: 0pt;">​</td>
<td style="border-bottom: #ffffff 1px solid; padding: 0pt;">​</td>
<td style="border-bottom: #000000 1px solid; padding-bottom: 2.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.25pt;">​</td>
<td style="border-bottom: #000000 1px solid; padding-bottom: 2.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3.25pt;">(569<font style="position: absolute;">)</font></td>
<td style="border-bottom: #ffffff 1px solid; padding: 0pt;">​</td>
<td style="border-bottom: #ffffff 1px solid; padding: 0pt;">​</td>
<td style="border-bottom: #ffffff 1px solid; padding: 0pt;">​</td>
<td style="border-bottom: #ffffff 1px solid; padding: 0pt;">​</td>
<td style="border-bottom: #000000 1px solid; padding-bottom: 2.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.25pt;">​</td>
<td style="border-bottom: #000000 1px solid; padding-bottom: 2.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3.25pt;">12</td>
<td style="border-bottom: #ffffff 1px solid; padding: 0pt;">​</td>
<td style="border-bottom: #ffffff 1px solid; padding: 0pt;">​</td>
</tr>
<tr style="text-align: right; text-transform: none; background-color: #cceeff; font: 10pt/10pt 'times new roman', times, serif; white-space: nowrap; color: #000000; vertical-align: bottom;">
<td style="text-align: left; padding-bottom: 2.75pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.25pt;">
<div style="white-space: nowrap;">Total</div>
</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="border-bottom: #000000 3px double; padding-bottom: 2pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.25pt;">$</td>
<td style="border-bottom: #000000 3px double; padding-bottom: 2pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3.25pt;">(4,547<font style="position: absolute;">)</font></td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="border-bottom: #000000 3px double; padding-bottom: 2pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.25pt;">$</td>
<td style="border-bottom: #000000 3px double; padding-bottom: 2pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3.25pt;">(1,336<font style="position: absolute;">)</font></td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="border-bottom: #000000 3px double; padding-bottom: 2pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.25pt;">$</td>
<td style="border-bottom: #000000 3px double; padding-bottom: 2pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3.25pt;">12,619</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
</tr>
<tr style="line-height: 4pt; height: 4pt;">
<td style="line-height: 0pt; font-size: 0pt; padding: 0pt;" colspan="23">​</td>
</tr>
</table>
</div>
<div style="widows: 1; text-transform: none; margin-top: 46pt; text-indent: 0px; font: 13px 'times new roman', times, serif; white-space: normal; letter-spacing: normal; color: #000000; margin-left: 40px; word-spacing: 0px; -webkit-text-stroke-width: 0px;">
<p style="widows: 1; text-transform: none; margin-top: 1pt; text-indent: 20pt; font: 13px/12pt 'times new roman', times, serif; white-space: normal; letter-spacing: normal; color: #000000; word-spacing: 0px; -webkit-text-stroke-width: 0px;">The following table summarizes the change in the Company’s available-for-sale gross unrealized gains or losses by investment type:</p>
<table style="widows: 1; text-transform: none; margin-top: 8pt; text-indent: 0px; width: 80%; border-collapse: collapse; font: 13px 'times new roman', times, serif; white-space: normal; letter-spacing: normal; height: 95px; color: #000000; word-spacing: 0px; -webkit-text-stroke-width: 0px;" border="0">
<tr style="text-align: left; text-transform: none; font: bold 8pt/8pt 'times new roman', times, serif; white-space: nowrap; color: #000000; vertical-align: bottom;">
<td style="border-bottom: #ffffff 1px solid; padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="border-bottom: #ffffff 1px solid; padding: 0pt;">​</td>
<td style="border-bottom: #ffffff 1px solid; padding: 0pt;">​</td>
<td style="border-bottom: #000000 1px solid; text-align: center; padding-bottom: 2.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 0pt;" colspan="16">
<div style="text-align: center; white-space: nowrap;">Year Ended December 31,</div>
</td>
<td style="border-bottom: #ffffff 1px solid; padding: 0pt;">​</td>
</tr>
<tr style="text-align: center; text-transform: none; font: bold 8pt/8pt 'times new roman', times, serif; white-space: nowrap; color: #000000; vertical-align: bottom;">
<td style="border-bottom: #ffffff 1px solid; text-align: left; padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="border-bottom: #ffffff 1px solid; padding: 0pt;">​</td>
<td style="border-bottom: #ffffff 1px solid; padding: 0pt;">​</td>
<td style="border-bottom: #000000 1px solid; padding-bottom: 2.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.25pt;" colspan="4">
<div style="text-align: center; white-space: nowrap;">2015</div>
</td>
<td style="border-bottom: #ffffff 1px solid; padding: 0pt;">​</td>
<td style="border-bottom: #ffffff 1px solid; padding: 0pt;">​</td>
<td style="border-bottom: #000000 1px solid; padding-bottom: 2.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.25pt;" colspan="4">
<div style="text-align: center; white-space: nowrap;">2014</div>
</td>
<td style="border-bottom: #ffffff 1px solid; padding: 0pt;">​</td>
<td style="border-bottom: #ffffff 1px solid; padding: 0pt;">​</td>
<td style="border-bottom: #000000 1px solid; padding-bottom: 2.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.25pt;" colspan="4">
<div style="text-align: center; white-space: nowrap;">2013</div>
</td>
<td style="border-bottom: #ffffff 1px solid; padding: 0pt;">​</td>
</tr>
<tr style="text-align: left; text-transform: none; font: bold italic 8pt/8pt 'times new roman', times, serif; white-space: nowrap; color: #000000; vertical-align: bottom;">
<td style="padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="text-align: center; padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.25pt;" colspan="16">
<div style="text-align: center; white-space: nowrap;">(in thousands)</div>
</td>
<td style="padding: 0pt;">​</td>
</tr>
<tr style="text-align: left; text-transform: none; background-color: #cceeff; font: 10pt/10pt 'times new roman', times, serif; white-space: nowrap; color: #000000; vertical-align: bottom;">
<td style="padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.5pt;">Change in gross unrealized gains (losses):</td>
<td style="padding: 0pt;">​</td>
<td colspan="6">​</td>
<td colspan="6">​</td>
<td colspan="6">​</td>
</tr>
<tr style="text-align: right; text-transform: none; font: 10pt/10pt 'times new roman', times, serif; white-space: nowrap; color: #000000; vertical-align: bottom;">
<td style="text-align: left; padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.5pt;">
<div style="margin-left: 10pt;">Fixed maturity securities</div>
</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.5pt;">$</td>
<td style="padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3.5pt;">(16,832<font style="position: absolute;">)</font></td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.5pt;">$</td>
<td style="padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3.5pt;">10,765</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.5pt;">$</td>
<td style="padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3.5pt;">(41,677<font style="position: absolute;">)</font></td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
</tr>
<tr style="text-align: right; text-transform: none; background-color: #cceeff; font: 10pt/10pt 'times new roman', times, serif; white-space: nowrap; color: #000000; vertical-align: bottom;">
<td style="border-bottom: #cceeff 1px solid; text-align: left; padding-bottom: 2.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.5pt;">
<div style="margin-left: 10pt;">Equity securities</div>
</td>
<td style="border-bottom: #cceeff 1px solid; padding: 0pt;">​</td>
<td style="border-bottom: #cceeff 1px solid; padding: 0pt;">​</td>
<td style="border-bottom: #cceeff 1px solid; padding: 0pt;">​</td>
<td style="border-bottom: #000000 1px solid; padding-bottom: 2.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.5pt;">​</td>
<td style="border-bottom: #000000 1px solid; padding-bottom: 2.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3.5pt;">724</td>
<td style="border-bottom: #cceeff 1px solid; padding: 0pt;">​</td>
<td style="border-bottom: #cceeff 1px solid; padding: 0pt;">​</td>
<td style="border-bottom: #cceeff 1px solid; padding: 0pt;">​</td>
<td style="border-bottom: #cceeff 1px solid; padding: 0pt;">​</td>
<td style="border-bottom: #000000 1px solid; padding-bottom: 2.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.5pt;">​</td>
<td style="border-bottom: #000000 1px solid; padding-bottom: 2.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3.5pt;">3,879</td>
<td style="border-bottom: #cceeff 1px solid; padding: 0pt;">​</td>
<td style="border-bottom: #cceeff 1px solid; padding: 0pt;">​</td>
<td style="border-bottom: #cceeff 1px solid; padding: 0pt;">​</td>
<td style="border-bottom: #cceeff 1px solid; padding: 0pt;">​</td>
<td style="border-bottom: #000000 1px solid; padding-bottom: 2.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.5pt;">​</td>
<td style="border-bottom: #000000 1px solid; padding-bottom: 2.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3.5pt;">(6,281<font style="position: absolute;">)</font></td>
<td style="border-bottom: #cceeff 1px solid; padding: 0pt;">​</td>
<td style="border-bottom: #cceeff 1px solid; padding: 0pt;">​</td>
</tr>
<tr style="text-align: right; text-transform: none; font: 10pt/10pt 'times new roman', times, serif; white-space: nowrap; color: #000000; vertical-align: bottom;">
<td style="text-align: left; padding-bottom: 2.75pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.25pt;">
<div style="white-space: nowrap;">Total</div>
</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="border-bottom: #000000 3px double; padding-bottom: 2pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.25pt;">$</td>
<td style="border-bottom: #000000 3px double; padding-bottom: 2pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3.25pt;">(16,108<font style="position: absolute;">)</font></td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="border-bottom: #000000 3px double; padding-bottom: 2pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.25pt;">$</td>
<td style="border-bottom: #000000 3px double; padding-bottom: 2pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3.25pt;">14,644</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="border-bottom: #000000 3px double; padding-bottom: 2pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.25pt;">$</td>
<td style="border-bottom: #000000 3px double; padding-bottom: 2pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3.25pt;">(47,958<font style="position: absolute;">)</font></td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
</tr>
<tr style="line-height: 4pt; height: 4pt;">
<td style="line-height: 0pt; font-size: 0pt; padding: 0pt;" colspan="23">​</td>
</tr>
</table>
<p style="widows: 1; text-transform: none; margin-top: 9.01pt; text-indent: 20pt; font: 13px/12pt 'times new roman', times, serif; white-space: normal; letter-spacing: normal; color: #000000; word-spacing: 0px; -webkit-text-stroke-width: 0px;">The Company invests selectively in private debt and equity opportunities. These investments, which together comprise the Company’s other invested assets, are primarily focused in renewable energy, limited partnerships, and bank holding companies.</p>
<table style="widows: 1; text-transform: none; margin-top: 8pt; text-indent: 0px; width: 80%; border-collapse: collapse; font: 13px 'times new roman', times, serif; white-space: normal; letter-spacing: normal; height: 167px; color: #000000; word-spacing: 0px; -webkit-text-stroke-width: 0px;" border="0">
<tr style="text-align: center; text-transform: none; font: bold 8pt/8pt 'times new roman', times, serif; white-space: nowrap; color: #000000; vertical-align: bottom;">
<td style="border-bottom: #ffffff 1px solid; text-align: left; padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="border-bottom: #ffffff 1px solid; padding: 0pt;">​</td>
<td style="border-bottom: #ffffff 1px solid; padding: 0pt;">​</td>
<td style="border-bottom: #ffffff 1px solid; padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="border-bottom: #ffffff 1px solid; padding: 0pt;">​</td>
<td style="border-bottom: #ffffff 1px solid; padding: 0pt;">​</td>
<td style="border-bottom: #ffffff 1px solid; padding: 0pt;">​</td>
<td style="border-bottom: #ffffff 1px solid; padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="border-bottom: #ffffff 1px solid; padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 0pt;">​</td>
<td style="border-bottom: #ffffff 1px solid; padding: 0pt;">​</td>
<td style="border-bottom: #ffffff 1px solid; padding: 0pt;">​</td>
<td style="border-bottom: #ffffff 1px solid; padding: 0pt;">​</td>
<td style="border-bottom: #000000 1px solid; padding-bottom: 2.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 0pt;" colspan="16">
<div style="text-align: center; white-space: nowrap;">Investment Income</div>
</td>
<td style="border-bottom: #ffffff 1px solid; padding: 0pt;">​</td>
</tr>
<tr style="text-align: center; text-transform: none; font: bold 8pt/8pt 'times new roman', times, serif; white-space: nowrap; height: 5pt; color: #000000; vertical-align: bottom;">
<td style="border-bottom: #ffffff 1px solid; text-align: left; padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="border-bottom: #ffffff 1px solid; padding: 0pt;">​</td>
<td style="border-bottom: #ffffff 1px solid; padding: 0pt;">​</td>
<td style="border-bottom: #000000 1px solid; padding-bottom: 2.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.25pt;" colspan="7">
<div style="text-align: center; white-space: nowrap;">Carrying Value</div>
</td>
<td style="border-bottom: #ffffff 1px solid; padding: 0pt;">​</td>
<td style="border-bottom: #ffffff 1px solid; padding: 0pt;" rowspan="2">​</td>
<td style="border-bottom: #000000 1px solid; padding-bottom: 2.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.25pt;" rowspan="2" colspan="16">
<div style="text-align: center; padding-bottom: 0pt; line-height: 9pt;">Year Ended <br />December 31,</div>
</td>
<td style="border-bottom: #ffffff 1px solid; padding: 0pt;" rowspan="2">​</td>
</tr>
<tr style="text-align: left; text-transform: none; font: bold 8pt/8pt 'times new roman', times, serif; white-space: nowrap; height: 0pt; color: #000000; vertical-align: bottom;">
<td style="border-bottom: #ffffff 1px solid; padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="border-bottom: #ffffff 1px solid; padding: 0pt;">​</td>
<td style="border-bottom: #ffffff 1px solid; padding: 0pt;">​</td>
<td style="border-bottom: #000000 1px solid; text-align: center; padding-bottom: 2.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.25pt;" colspan="7">
<div style="text-align: center; white-space: nowrap;">December 31,</div>
</td>
<td style="border-bottom: #ffffff 1px solid; padding: 0pt;">​</td>
<td colspan="6">​</td>
<td colspan="6">​</td>
</tr>
<tr style="text-align: center; text-transform: none; font: bold 8pt/8pt 'times new roman', times, serif; white-space: nowrap; color: #000000; vertical-align: bottom;">
<td style="border-bottom: #ffffff 1px solid; text-align: left; padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="border-bottom: #ffffff 1px solid; padding: 0pt;">​</td>
<td style="border-bottom: #ffffff 1px solid; padding: 0pt;">​</td>
<td style="border-bottom: #000000 1px solid; padding-bottom: 2.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.25pt;">
<div style="text-align: center; white-space: nowrap;">2015</div>
</td>
<td style="border-bottom: #ffffff 1px solid; padding: 0pt;">​</td>
<td style="border-bottom: #ffffff 1px solid; padding: 0pt;">​</td>
<td style="border-bottom: #000000 1px solid; padding-bottom: 2.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.25pt;" colspan="4">
<div style="text-align: center; white-space: nowrap;">2014</div>
</td>
<td style="border-bottom: #ffffff 1px solid; padding: 0pt;">​</td>
<td style="border-bottom: #ffffff 1px solid; padding: 0pt;">​</td>
<td style="border-bottom: #000000 1px solid; padding-bottom: 2.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.25pt;" colspan="4">
<div style="text-align: center; white-space: nowrap;">2015</div>
</td>
<td style="border-bottom: #ffffff 1px solid; padding: 0pt;">​</td>
<td style="border-bottom: #ffffff 1px solid; padding: 0pt;">​</td>
<td style="border-bottom: #000000 1px solid; padding-bottom: 2.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.25pt;" colspan="4">
<div style="text-align: center; white-space: nowrap;">2014</div>
</td>
<td style="border-bottom: #ffffff 1px solid; padding: 0pt;">​</td>
<td style="border-bottom: #ffffff 1px solid; padding: 0pt;">​</td>
<td style="border-bottom: #000000 1px solid; padding-bottom: 2.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.25pt;" colspan="4">
<div style="text-align: center; white-space: nowrap;">2013</div>
</td>
<td style="border-bottom: #ffffff 1px solid; padding: 0pt;">​</td>
</tr>
<tr style="text-align: center; text-transform: none; font: bold italic 8pt/8pt 'times new roman', times, serif; white-space: nowrap; color: #000000; vertical-align: bottom;">
<td style="text-align: left; padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.25pt;" colspan="7">
<div style="text-align: center; white-space: nowrap;">(in thousands)</div>
</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.25pt;" colspan="16">
<div style="text-align: center; white-space: nowrap;">(in thousands)</div>
</td>
<td style="padding: 0pt;">​</td>
</tr>
<tr style="text-align: left; text-transform: none; background-color: #cceeff; font: 10pt/10pt 'times new roman', times, serif; white-space: nowrap; color: #000000; vertical-align: bottom;">
<td style="padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.5pt;">Category:</td>
<td style="padding: 0pt;">​</td>
<td colspan="3">​</td>
<td colspan="6">​</td>
<td colspan="6">​</td>
<td colspan="6">​</td>
<td colspan="6">​</td>
</tr>
<tr style="text-align: right; text-transform: none; font: 10pt/10pt 'times new roman', times, serif; white-space: nowrap; color: #000000; vertical-align: bottom;">
<td style="text-align: left; padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.5pt;">
<div style="white-space: nowrap;">Renewable energy LLCs<font style="position: relative; bottom: 4.25pt; font-size: 7.5pt;">(a)</font></div>
</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="text-align: center; padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.5pt;">
<div style="text-align: center;">$26,001</div>
</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.5pt;">$</td>
<td style="padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3.5pt;">25,119</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.5pt;">$</td>
<td style="padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3.5pt;">3,936</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.5pt;">$</td>
<td style="padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3.5pt;">5,234</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.5pt;">$</td>
<td style="padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3.5pt;">4,310</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
</tr>
<tr style="text-align: right; text-transform: none; background-color: #cceeff; font: 10pt/10pt 'times new roman', times, serif; white-space: nowrap; color: #000000; vertical-align: bottom;">
<td style="text-align: left; padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.5pt;">
<div style="white-space: nowrap;">Renewable energy bridge financing notes<font style="position: relative; bottom: 4.25pt; font-size: 7.5pt;">(b)</font></div>
</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="text-align: center; padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.5pt;">
<div style="text-align: center;">6,500</div>
</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.5pt;">​</td>
<td style="padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3.5pt;">—</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.5pt;">​</td>
<td style="padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3.5pt;">3,136</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.5pt;">​</td>
<td style="padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3.5pt;">—</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.5pt;">​</td>
<td style="padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3.5pt;">—</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
</tr>
<tr style="text-align: right; text-transform: none; font: 10pt/10pt 'times new roman', times, serif; white-space: nowrap; color: #000000; vertical-align: bottom;">
<td style="text-align: left; padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.5pt;">
<div style="white-space: nowrap;">Limited partnerships<font style="position: relative; bottom: 4.25pt; font-size: 7.5pt;">(c)</font><font style="font-size: 7.5pt;"></font></div>
</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="text-align: center; padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.5pt;">
<div style="text-align: center;">17,503</div>
</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.5pt;">​</td>
<td style="padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3.5pt;">4,003</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.5pt;">​</td>
<td style="padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3.5pt;">(1,468<font style="position: absolute;">)</font></td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.5pt;">​</td>
<td style="padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3.5pt;">(128<font style="position: absolute;">)</font></td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.5pt;">​</td>
<td style="padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3.5pt;">131</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
</tr>
<tr style="text-align: right; text-transform: none; background-color: #cceeff; font: 10pt/10pt 'times new roman', times, serif; white-space: nowrap; color: #000000; vertical-align: bottom;">
<td style="text-align: left; padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.5pt;">
<div style="white-space: nowrap;">Bank holding companies<font style="position: relative; bottom: 4.25pt; font-size: 7.5pt;">(d)</font></div>
</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="text-align: center; padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.5pt;">
<div style="text-align: center;">4,500</div>
</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.5pt;">​</td>
<td style="padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3.5pt;">4,500</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.5pt;">​</td>
<td style="padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3.5pt;">343</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.5pt;">​</td>
<td style="padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3.5pt;">400</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.5pt;">​</td>
<td style="padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3.5pt;">275</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
</tr>
<tr style="text-align: right; text-transform: none; font: 10pt/10pt 'times new roman', times, serif; white-space: nowrap; color: #000000; vertical-align: bottom;">
<td style="border-bottom: #ffffff 1px solid; text-align: left; padding-bottom: 2.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.5pt;">Other<font style="position: relative; bottom: 4.25pt; font-size: 7.5pt;">(e)</font></td>
<td style="border-bottom: #ffffff 1px solid; padding: 0pt;">​</td>
<td style="border-bottom: #ffffff 1px solid; padding: 0pt;">​</td>
<td style="border-bottom: #000000 1px solid; text-align: center; padding-bottom: 2.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.5pt;">
<div style="text-align: center;">       —</div>
</td>
<td style="border-bottom: #ffffff 1px solid; padding: 0pt;">​</td>
<td style="border-bottom: #ffffff 1px solid; padding: 0pt;">​</td>
<td style="border-bottom: #ffffff 1px solid; padding: 0pt;">​</td>
<td style="border-bottom: #000000 1px solid; padding-bottom: 2.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.5pt;">​</td>
<td style="border-bottom: #000000 1px solid; padding-bottom: 2.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3.5pt;">—</td>
<td style="border-bottom: #ffffff 1px solid; padding: 0pt;">​</td>
<td style="border-bottom: #ffffff 1px solid; padding: 0pt;">​</td>
<td style="border-bottom: #ffffff 1px solid; padding: 0pt;">​</td>
<td style="border-bottom: #ffffff 1px solid; padding: 0pt;">​</td>
<td style="border-bottom: #000000 1px solid; padding-bottom: 2.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.5pt;">​</td>
<td style="border-bottom: #000000 1px solid; padding-bottom: 2.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3.5pt;">—</td>
<td style="border-bottom: #ffffff 1px solid; padding: 0pt;">​</td>
<td style="border-bottom: #ffffff 1px solid; padding: 0pt;">​</td>
<td style="border-bottom: #ffffff 1px solid; padding: 0pt;">​</td>
<td style="border-bottom: #ffffff 1px solid; padding: 0pt;">​</td>
<td style="border-bottom: #000000 1px solid; padding-bottom: 2.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.5pt;">​</td>
<td style="border-bottom: #000000 1px solid; padding-bottom: 2.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3.5pt;">184</td>
<td style="border-bottom: #ffffff 1px solid; padding: 0pt;">​</td>
<td style="border-bottom: #ffffff 1px solid; padding: 0pt;">​</td>
<td style="border-bottom: #ffffff 1px solid; padding: 0pt;">​</td>
<td style="border-bottom: #ffffff 1px solid; padding: 0pt;">​</td>
<td style="border-bottom: #000000 1px solid; padding-bottom: 2.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.5pt;">​</td>
<td style="border-bottom: #000000 1px solid; padding-bottom: 2.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3.5pt;">407</td>
<td style="border-bottom: #ffffff 1px solid; padding: 0pt;">​</td>
<td style="border-bottom: #ffffff 1px solid; padding: 0pt;">​</td>
</tr>
<tr style="text-align: right; text-transform: none; background-color: #cceeff; font: 10pt/10pt 'times new roman', times, serif; white-space: nowrap; color: #000000; vertical-align: bottom;">
<td style="text-align: left; padding-bottom: 2.75pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.25pt;">
<div style="white-space: nowrap;">Total other invested assets</div>
</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="border-bottom: #000000 3px double; text-align: center; padding-bottom: 2pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.25pt;">
<div style="text-align: center;">$54,504</div>
</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="border-bottom: #000000 3px double; padding-bottom: 2pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.25pt;">$</td>
<td style="border-bottom: #000000 3px double; padding-bottom: 2pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3.25pt;">33,622</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="border-bottom: #000000 3px double; padding-bottom: 2pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.25pt;">$</td>
<td style="border-bottom: #000000 3px double; padding-bottom: 2pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3.25pt;">5,947</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="border-bottom: #000000 3px double; padding-bottom: 2pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.25pt;">$</td>
<td style="border-bottom: #000000 3px double; padding-bottom: 2pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3.25pt;">5,690</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="border-bottom: #000000 3px double; padding-bottom: 2pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.25pt;">$</td>
<td style="border-bottom: #000000 3px double; padding-bottom: 2pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3.25pt;">5,123</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
</tr>
<tr style="line-height: 4pt; height: 4pt;">
<td style="line-height: 0pt; font-size: 0pt; padding: 0pt;" colspan="33">​</td>
</tr>
</table>
<p style="text-align: left; widows: 1; text-transform: none; margin-top: 5.01pt; text-indent: -30px; font: 13px/12pt 'times new roman', times, serif; white-space: normal; margin-bottom: 0pt; letter-spacing: normal; color: #000000; word-spacing: 0px; -webkit-text-stroke-width: 0px;">(a)     The Company’s Corporate and Other segment owns equity interests ranging from 2.7% to 33.3% in various LLCs whose principal objective is capital appreciation and income generation from owning and operating renewable energy production facilities (wind and solar). The LLCs are managed by an affiliate of the Company’s largest shareholder and the Company’s Chairman and Chief Executive Officer has invested in certain of these LLCs. The equity method is used to account for the Company’s LLC investments. Income for the LLCs primarily reflects adjustments to the carrying values of investments in renewable energy projects to their determined fair values. The fair value adjustments are included in revenues for the LLCs. Expenses for the LLCs are not significant and are comprised of administrative and interest expenses. The Company received cash distributions from these investments totaling $3.1 million and $3.9 million for the years ended December 31, 2015 and 2014, respectively. In March 2014, the Company sold its interest in one of the LLCs for $5.9 million and a $1.9 million realized loss was recognized on the sale. Prior to the sale, investment income of  $3.6 million was recognized on this investment in the three months ended March 31, 2014.</p>
<p style="padding-bottom: 0pt; widows: 1; text-transform: none; margin-top: 0pt; text-indent: 0px; padding-right: 0pt; font: 0pt/0pt 'times new roman', times, serif; white-space: normal; margin-bottom: 0pt; letter-spacing: normal; color: #000000; clear: both; margin-right: 0pt; word-spacing: 0px; padding-top: 0pt; -webkit-text-stroke-width: 0px;">​</p>
<p style="text-align: left; widows: 1; text-transform: none; margin-top: 5.01pt; text-indent: -30px; font: 13px/12pt 'times new roman', times, serif; white-space: normal; margin-bottom: 0pt; letter-spacing: normal; color: #000000; word-spacing: 0px; -webkit-text-stroke-width: 0px;">(b)     The Company owns investments in bridge loans for renewable energy projects. The notes, all with affiliates of the Company’s largest shareholder, generally mature in less than one year and carry primarily variable rates of interest ranging from 7.3% to 15.0%. Original discounts and commitment fees received are recognized over the terms of the notes under the effective interest method. During the year ended December 31, 2015, the Company invested a total of  $36.3 million in these notes and received maturities and repayments totaling $30.8 million.</p>
<p style="padding-bottom: 0pt; widows: 1; text-transform: none; margin-top: 0pt; text-indent: 0px; padding-right: 0pt; font: 0pt/0pt 'times new roman', times, serif; white-space: normal; margin-bottom: 0pt; letter-spacing: normal; color: #000000; clear: both; margin-right: 0pt; word-spacing: 0px; padding-top: 0pt; -webkit-text-stroke-width: 0px;">​</p>
<p style="text-align: left; widows: 1; text-transform: none; margin-top: 5.01pt; text-indent: -30px; font: 13px/12pt 'times new roman', times, serif; white-space: normal; margin-bottom: 0pt; letter-spacing: normal; color: #000000; word-spacing: 0px; -webkit-text-stroke-width: 0px;">(c)     The Company owns investments in limited partnerships that invest in concentrated portfolios of high yield bonds of companies undergoing financial stress, publicly-traded small cap equities, loans of middle market private equity sponsored companies, and equity tranches of collateralized loan obligations (CLOs). Income from the partnerships is recognized under the equity method of accounting. The Company’s Corporate and Other segment held investments in limited partnerships of $2.2 million and $4.0 million at December 31, 2015 and 2014, and recognized investment losses of $510,000 and $128,000 for the years ended December 31, 2015 and 2014, respectively, and investment income of  $131,000 for the year ended December 31, 2013. The Chairman and Chief Executive Officer of the Company is an investor in one limited partnership held by the Corporate & Other segment. The Company’s Excess and Surplus Lines segment holds investments in limited partnerships of  $15.3 million at December 31, 2015. Investment losses of  $958,000 were recognized on the investments for the year ended December 31, 2015. At December 31, 2015, the Company’s Excess and Surplus Lines segment has an outstanding commitment to invest another $3.6 million in a limited partnership that invests in loans of middle market private equity sponsored companies.</p>
<p style="padding-bottom: 0pt; widows: 1; text-transform: none; margin-top: 0pt; text-indent: 0px; padding-right: 0pt; font: 0pt/0pt 'times new roman', times, serif; white-space: normal; margin-bottom: 0pt; letter-spacing: normal; color: #000000; clear: both; margin-right: 0pt; word-spacing: 0px; padding-top: 0pt; -webkit-text-stroke-width: 0px;">​</p>
<p style="text-align: left; widows: 1; text-transform: none; margin-top: 5.01pt; text-indent: -30px; font: 13px/12pt 'times new roman', times, serif; white-space: normal; margin-bottom: 0pt; letter-spacing: normal; color: #000000; word-spacing: 0px; -webkit-text-stroke-width: 0px;">(d)     Net investment income for the years ended December 31, 2014 and 2013 includes $57,000 and $143,000, respectively, related to a previously held equity investment in a bank holding company (“Predecessor Bank Holding Company”). On July 4, 2014, the Predecessor Bank Holding Company merged with and into another bank holding company (the “Surviving Bank Holding Company”). In exchange for its shares of the Predecessor Bank Holding Company, the Company received $354,000 in cash and $6.4 million of common shares in the Surviving Bank Holding Company, and the realized investment gain on the exchange was $1.4 million. The common shares of the Surviving Bank Holding Company are carried as available for-sale equity securities as they are publicly-traded and the Company does not have significant influence over the Surviving Bank Holding Company.</p>
<p style="padding-bottom: 0pt; widows: 1; text-transform: none; margin-top: 0pt; text-indent: 0px; padding-right: 0pt; font: 0pt/0pt 'times new roman', times, serif; white-space: normal; margin-bottom: 0pt; letter-spacing: normal; color: #000000; clear: both; margin-right: 0pt; word-spacing: 0px; padding-top: 0pt; -webkit-text-stroke-width: 0px;">​</p>
<p style="widows: 1; text-transform: none; margin-top: 6pt; text-indent: 0px; font: 13px/12pt 'times new roman', times, serif; white-space: normal; letter-spacing: normal; color: #000000; word-spacing: 0px; -webkit-text-stroke-width: 0px;">The Company also holds $4.5 million of subordinated notes issued by a company that was substantially owned by the Predecessor Bank Holding Company (the “Bank Affiliate”). The $4.5 million of subordinated notes issued by the Bank Affiliate became debt of the Surviving Bank Holding Company. Interest on the notes, which mature on August 12, 2023, is fixed at 7.6% per annum. Interest income on the notes was $343,000 in both years ended December 31, 2015 and 2014.</p>
<p style="widows: 1; text-transform: none; margin-top: 6pt; text-indent: 0px; font: 13px/12pt 'times new roman', times, serif; white-space: normal; letter-spacing: normal; color: #000000; word-spacing: 0px; -webkit-text-stroke-width: 0px;">The Chairman and Chief Executive Officer of the Company previously served as Chairman of the Predecessor Bank Holding Company and the Bank Affiliate. Effective July 4, 2014, the Company’s Chairman and Chief Executive Officer became the Lead Independent Director of the Surviving Bank Holding Company. The Chairman and Chief Executive Officer of the Company is a former investor in the Predecessor Bank Holding Company and is now an investor in the Surviving Bank Holding Company. Additionally, one of the Company’s directors is a former investor in the Bank Holding Company and is now an investor in the Surviving Bank Holding Company. In addition, this director was a lender to the Bank Affiliate and is now a lender to the Surviving Bank Holding Company. The Company’s Chief Financial Officer is a former investor in the Predecessor Bank Holding Company and the Surviving Bank Holding Company.</p>
<p style="text-align: left; widows: 1; text-transform: none; margin-top: 5.01pt; text-indent: -30px; font: 13px/12pt 'times new roman', times, serif; white-space: normal; margin-bottom: 0pt; letter-spacing: normal; color: #000000; word-spacing: 0px; -webkit-text-stroke-width: 0px;">(e)     For the years ended December 31, 2014 and 2013, income of  $184,000 and $415,000, respectively, was recognized on a $3.3 million note agreement with two property development companies. The note, which carried a fixed interest rate of 11.10%, was repaid in full on July 3, 2014. The Bank Holding Company also entered into note agreements with the same property development companies.</p>
<p style="padding-bottom: 0pt; widows: 1; text-transform: none; margin-top: 0pt; text-indent: 0px; padding-right: 0pt; font: 0pt/0pt 'times new roman', times, serif; white-space: normal; margin-bottom: 0pt; letter-spacing: normal; color: #000000; clear: both; margin-right: 0pt; word-spacing: 0px; padding-top: 0pt; -webkit-text-stroke-width: 0px;">​</p>
<p style="widows: 1; text-transform: none; margin-top: 6pt; text-indent: 20pt; font: 13px/12pt 'times new roman', times, serif; white-space: normal; letter-spacing: normal; color: #000000; word-spacing: 0px; -webkit-text-stroke-width: 0px;">On December 19, 2014, the Company purchased a $1.0 million certificate of deposit issued by the Surviving Bank Holding Company. The certificate of deposit, which matures on December 19, 2016, is carried as a short-term investment. Interest income of  $5,000 was recognized on this investment for the year ended December 31, 2015.</p>
<p style="padding-bottom: 0pt; widows: 1; text-transform: none; margin-top: 0pt; text-indent: 0px; padding-right: 0pt; font: 0pt/0pt 'times new roman', times, serif; white-space: normal; margin-bottom: 0pt; letter-spacing: normal; color: #000000; clear: both; margin-right: 0pt; word-spacing: 0px; padding-top: 0pt; -webkit-text-stroke-width: 0px;">​</p>
<p style="widows: 1; text-transform: none; margin-top: 1pt; text-indent: 20pt; font: 13px/12pt 'times new roman', times, serif; white-space: normal; letter-spacing: normal; color: #000000; word-spacing: 0px; -webkit-text-stroke-width: 0px;">Two of the Company’s directors are also directors of First Wind Capital, LLC (“First Wind”), which is an affiliate of the Company’s largest shareholder. At December 31, 2014, the Company held fixed maturity securities with a fair value of  $12.6 million issued by First Wind. These securities were called in March 2015, resulting in a realized gain of  $845,000. Also at December 31, 2014, the Company held a bank loan participation with a carrying value of  $4.6 million from an affiliate of First Wind. The loan was repaid in full in January 2015.</p>
<p style="widows: 1; text-transform: none; margin-top: 6pt; text-indent: 20pt; font: 13px/12pt 'times new roman', times, serif; white-space: normal; letter-spacing: normal; color: #000000; word-spacing: 0px; -webkit-text-stroke-width: 0px;">The Company maintains fixed maturity securities, short-term investments, and cash and cash equivalents amounting to $401.1 million at December 31, 2015 in trust accounts or on deposit as collateral for outstanding letters of credit issued as security to third-party reinsureds on reinsurance assumed by JRG Re.</p>
<p style="widows: 1; text-transform: none; margin-top: 6pt; text-indent: 20pt; font: 13px/12pt 'times new roman', times, serif; white-space: normal; letter-spacing: normal; color: #000000; word-spacing: 0px; -webkit-text-stroke-width: 0px;">At December 31, 2015 and 2014, investments with a fair value of  $16.2 million and $16.0 million, respectively, were on deposit with state insurance departments to satisfy regulatory requirements.</p>
<p style="widows: 1; text-transform: none; margin-top: 6pt; text-indent: 20pt; font: 13px/12pt 'times new roman', times, serif; white-space: normal; letter-spacing: normal; color: #000000; word-spacing: 0px; -webkit-text-stroke-width: 0px;">At December 31, 2015, the Company held no investments in securitizations of alternative-A mortgages or sub-prime mortgages.</p>
</div>
<div style="text-align: left; widows: 1; text-transform: none; margin-top: 17.25pt; text-indent: 0px; font: bold 13px/11pt 'times new roman', times, serif; white-space: nowrap; margin-bottom: 0pt; float: left; letter-spacing: normal; color: #000000; word-spacing: 0px; -webkit-text-stroke-width: 0px;">4.      </div>
<div style="text-align: left; widows: 1; text-transform: none; margin-top: 17.25pt; text-indent: 0px; font: bold 13px/11pt 'times new roman', times, serif; white-space: normal; margin-bottom: 0pt; float: left; letter-spacing: normal; color: #000000; word-spacing: 0px; -webkit-text-stroke-width: 0px;">Goodwill and Intangible Assets</div>
<div style="widows: 1; text-transform: none; text-indent: 0px; margin: 0pt; font: 0pt/0pt 'times new roman', times, serif; white-space: normal; letter-spacing: normal; color: #000000; clear: both; word-spacing: 0px; -webkit-text-stroke-width: 0px; padding: 0pt;">​</div>
<div style="widows: 1; text-transform: none; margin-top: 6pt; text-indent: 20pt; font: 13px/12pt 'times new roman', times, serif; white-space: normal; letter-spacing: normal; color: #000000; word-spacing: 0px; -webkit-text-stroke-width: 0px;">On December 11, 2007, the Company completed an acquisition of James River Group by acquiring 100% of the outstanding shares of James River Group common stock, referred to herein as the “Merger”. The transaction was accounted for under the purchase method of accounting, and goodwill and intangible assets were recognized by the Company as a result of the transaction.</div>
<div style="widows: 1; text-transform: none; margin-top: 6pt; text-indent: 20pt; font: 13px/12pt 'times new roman', times, serif; white-space: normal; letter-spacing: normal; color: #000000; word-spacing: 0px; -webkit-text-stroke-width: 0px;">All of the Company’s goodwill is an asset of the Excess and Surplus Lines segment. The Company’s annual testing performed in the fourth quarter of 2015, 2014 and 2013 indicated that no impairment of goodwill had occurred. The carrying amount of goodwill at December 31, 2015 and 2014 was $181.8 million. Accumulated goodwill impairment losses were $99.6 million at December 31, 2015 and 2014.</div>
<div style="widows: 1; text-transform: none; margin-top: 6pt; text-indent: 20pt; font: 13px/12pt 'times new roman', times, serif; white-space: normal; letter-spacing: normal; color: #000000; word-spacing: 0px; -webkit-text-stroke-width: 0px;">Specifically identifiable intangible assets were acquired in the Merger. During the fourth quarters of 2015, 2014 and 2013, the indefinite-lived intangible assets for trademarks and insurance licenses and authorities were tested for impairment. Intangible assets for customer and broker relationships that have specific lives and are subject to amortization were also reviewed for impairment. There were no impairments recognized in 2015, 2014, or 2013.</div>
<div style="widows: 1; text-transform: none; margin-top: 6pt; text-indent: 20pt; font: 13px/12pt 'times new roman', times, serif; white-space: normal; letter-spacing: normal; color: #000000; word-spacing: 0px; -webkit-text-stroke-width: 0px;"> The gross carrying amounts and accumulated amortization for each major specifically identifiable intangible asset class were as follows:
<div style="widows: 1; text-transform: none; margin-top: 10pt; text-indent: 0px; font: 13px 'times new roman', times, serif; white-space: normal; letter-spacing: normal; color: #000000; margin-left: 10px; word-spacing: 0px; -webkit-text-stroke-width: 0px;">
<table style="margin-top: 2pt; border-collapse: collapse; height: 182pt;">
<tr style="text-align: center; text-transform: none; font: bold 8pt/8pt 'times new roman', times, serif; white-space: nowrap; height: 9.25pt; color: #000000; vertical-align: bottom;">
<td style="border-bottom: #ffffff 1px solid; text-align: left; padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 0pt;" rowspan="3">​</td>
<td style="border-bottom: #ffffff 1px solid; padding: 0pt;" rowspan="3">​</td>
<td style="border-bottom: #ffffff 1px solid; padding: 0pt;" rowspan="3">​</td>
<td style="border-bottom: #000000 1px solid; padding-bottom: 2.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 0pt;" rowspan="3">
<div style="text-align: center; padding-bottom: 0.333pt; line-height: 9pt;">Weighted-<br />Average <br />Life <br />(Years)</div>
</td>
<td style="border-bottom: #ffffff 1px solid; padding: 0pt;" rowspan="3">​</td>
<td style="border-bottom: #ffffff 1px solid; padding: 0pt;">​</td>
<td style="border-bottom: #000000 1px solid; padding-bottom: 2.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 0pt;" colspan="22">
<div style="text-align: center; white-space: nowrap;">December 31,</div>
</td>
<td style="border-bottom: #ffffff 1px solid; padding: 0pt;">​</td>
</tr>
<tr style="text-align: center; text-transform: none; font: bold 8pt/8pt 'times new roman', times, serif; white-space: nowrap; height: 0pt; color: #000000; vertical-align: bottom;">
<td style="border-bottom: #ffffff 1px solid; padding: 0pt;">​</td>
<td style="border-bottom: #000000 1px solid; padding-bottom: 2.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.25pt;" colspan="10">
<div style="text-align: center; white-space: nowrap;">2015</div>
</td>
<td style="border-bottom: #ffffff 1px solid; padding: 0pt;">​</td>
<td style="border-bottom: #ffffff 1px solid; padding: 0pt;">​</td>
<td style="border-bottom: #000000 1px solid; padding-bottom: 2.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.25pt;" colspan="10">
<div style="text-align: center; white-space: nowrap;">2014</div>
</td>
<td style="border-bottom: #ffffff 1px solid; padding: 0pt;">​</td>
</tr>
<tr style="text-align: center; text-transform: none; font: bold 8pt/9pt 'times new roman', times, serif; white-space: nowrap; height: 0pt; color: #000000; vertical-align: bottom;">
<td style="border-bottom: #ffffff 1px solid; padding: 0pt;">​</td>
<td style="border-bottom: #000000 1px solid; padding-bottom: 2.167pt; padding-left: 0pt; padding-right: 0pt; padding-top: 2.583pt;" colspan="4">
<div style="text-align: center; text-indent: -10pt; margin-left: 10pt;">Gross <br />Carrying <br />Amount</div>
</td>
<td style="border-bottom: #ffffff 1px solid; padding: 0pt;">​</td>
<td style="border-bottom: #ffffff 1px solid; padding: 0pt;">​</td>
<td style="border-bottom: #000000 1px solid; padding-bottom: 2.167pt; padding-left: 0pt; padding-right: 0pt; padding-top: 2.583pt;" colspan="4">
<div style="text-align: center;">Accumulated <br />Amortization</div>
</td>
<td style="border-bottom: #ffffff 1px solid; padding: 0pt;">​</td>
<td style="border-bottom: #ffffff 1px solid; padding: 0pt;">​</td>
<td style="border-bottom: #000000 1px solid; padding-bottom: 2.167pt; padding-left: 0pt; padding-right: 0pt; padding-top: 2.583pt;" colspan="4">
<div style="text-align: center;">Gross <br />Carrying <br />Amount</div>
</td>
<td style="border-bottom: #ffffff 1px solid; padding: 0pt;">​</td>
<td style="border-bottom: #ffffff 1px solid; padding: 0pt;">​</td>
<td style="border-bottom: #000000 1px solid; padding-bottom: 2.167pt; padding-left: 0pt; padding-right: 0pt; padding-top: 2.583pt;" colspan="4">
<div style="text-align: center;">Accumulated <br />Amortization</div>
</td>
<td style="border-bottom: #ffffff 1px solid; padding: 0pt;">​</td>
</tr>
<tr style="text-align: center; text-transform: none; font: bold italic 8pt/8pt 'times new roman', times, serif; white-space: nowrap; color: #000000; vertical-align: bottom;">
<td style="text-align: left; padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.25pt;" colspan="22">
<div style="text-align: center; white-space: nowrap;">(in thousands)</div>
</td>
<td style="padding: 0pt;">​</td>
</tr>
<tr style="text-align: right; text-transform: none; background-color: #cceeff; font: 10pt/10pt 'times new roman', times, serif; white-space: nowrap; color: #000000; vertical-align: bottom;">
<td style="text-align: left; padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.5pt;">Trademarks</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="text-align: center; padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.5pt;">
<div style="text-align: center;">Indefinite</div>
</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding-bottom: 0pt; padding-left: 3.685pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.5pt;">$</td>
<td style="padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3.5pt;">22,200</td>
<td style="padding-bottom: 0pt; padding-left: 3.685pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding-bottom: 0pt; padding-left: 8.225pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.5pt;">$</td>
<td style="padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3.5pt;">—</td>
<td style="padding-bottom: 0pt; padding-left: 8.225pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.5pt;">$</td>
<td style="padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3.5pt;">22,200</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding-bottom: 0pt; padding-left: 8.225pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.5pt;">$</td>
<td style="padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3.5pt;">—</td>
<td style="padding-bottom: 0pt; padding-left: 8.225pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
</tr>
<tr style="text-align: right; text-transform: none; font: 10pt/10pt 'times new roman', times, serif; white-space: nowrap; color: #000000; vertical-align: bottom;">
<td style="border-bottom: #ffffff 1px solid; text-align: left; padding-bottom: 2.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.5pt;">
<div style="white-space: nowrap;">Insurance licenses and authorities</div>
</td>
<td style="border-bottom: #ffffff 1px solid; padding: 0pt;">​</td>
<td style="border-bottom: #ffffff 1px solid; padding: 0pt;">​</td>
<td style="border-bottom: #ffffff 1px solid; text-align: center; padding-bottom: 2.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.5pt;">
<div style="text-align: center;">Indefinite</div>
</td>
<td style="border-bottom: #ffffff 1px solid; padding: 0pt;">​</td>
<td style="border-bottom: #ffffff 1px solid; padding: 0pt;">​</td>
<td style="border-bottom: #ffffff 1px solid; padding-bottom: 0pt; padding-left: 3.685pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="border-bottom: #000000 1px solid; padding-bottom: 2.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.5pt;">​</td>
<td style="border-bottom: #000000 1px solid; padding-bottom: 2.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3.5pt;">9,164</td>
<td style="border-bottom: #ffffff 1px solid; padding-bottom: 0pt; padding-left: 3.685pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="border-bottom: #ffffff 1px solid; padding: 0pt;">​</td>
<td style="border-bottom: #ffffff 1px solid; padding: 0pt;">​</td>
<td style="border-bottom: #ffffff 1px solid; padding-bottom: 0pt; padding-left: 8.225pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="border-bottom: #000000 1px solid; padding-bottom: 2.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.5pt;">​</td>
<td style="border-bottom: #000000 1px solid; padding-bottom: 2.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3.5pt;">—</td>
<td style="border-bottom: #ffffff 1px solid; padding-bottom: 0pt; padding-left: 8.225pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="border-bottom: #ffffff 1px solid; padding: 0pt;">​</td>
<td style="border-bottom: #ffffff 1px solid; padding: 0pt;">​</td>
<td style="border-bottom: #ffffff 1px solid; padding: 0pt;">​</td>
<td style="border-bottom: #000000 1px solid; padding-bottom: 2.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.5pt;">​</td>
<td style="border-bottom: #000000 1px solid; padding-bottom: 2.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3.5pt;">9,164</td>
<td style="border-bottom: #ffffff 1px solid; padding: 0pt;">​</td>
<td style="border-bottom: #ffffff 1px solid; padding: 0pt;">​</td>
<td style="border-bottom: #ffffff 1px solid; padding: 0pt;">​</td>
<td style="border-bottom: #ffffff 1px solid; padding-bottom: 0pt; padding-left: 8.225pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="border-bottom: #000000 1px solid; padding-bottom: 2.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.5pt;">​</td>
<td style="border-bottom: #000000 1px solid; padding-bottom: 2.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3.5pt;">—</td>
<td style="border-bottom: #ffffff 1px solid; padding-bottom: 0pt; padding-left: 8.225pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="border-bottom: #ffffff 1px solid; padding: 0pt;">​</td>
</tr>
<tr style="text-align: right; text-transform: none; background-color: #cceeff; font: 10pt/12pt 'times new roman', times, serif; white-space: nowrap; color: #000000; vertical-align: bottom;">
<td style="text-align: left; padding-bottom: 0.833pt; padding-left: 0pt; padding-right: 0pt; white-space: normal; padding-top: 1.917pt;">
<div style="text-indent: -10pt; margin-left: 10pt;">Identifiable intangibles not subject to amortization</div>
</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="text-align: center; padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding-bottom: 0pt; padding-left: 3.685pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="padding-bottom: 0.833pt; padding-left: 0pt; padding-right: 0pt; padding-top: 1.917pt;">​</td>
<td style="padding-bottom: 0.833pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 1.917pt;">31,364</td>
<td style="padding-bottom: 0pt; padding-left: 3.685pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding-bottom: 0pt; padding-left: 8.225pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="padding-bottom: 0.833pt; padding-left: 0pt; padding-right: 0pt; padding-top: 1.917pt;">​</td>
<td style="padding-bottom: 0.833pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 1.917pt;">—</td>
<td style="padding-bottom: 0pt; padding-left: 8.225pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding-bottom: 0.833pt; padding-left: 0pt; padding-right: 0pt; padding-top: 1.917pt;">​</td>
<td style="padding-bottom: 0.833pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 1.917pt;">31,364</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding-bottom: 0pt; padding-left: 8.225pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="padding-bottom: 0.833pt; padding-left: 0pt; padding-right: 0pt; padding-top: 1.917pt;">​</td>
<td style="padding-bottom: 0.833pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 1.917pt;">—</td>
<td style="padding-bottom: 0pt; padding-left: 8.225pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
</tr>
<tr style="text-align: right; text-transform: none; font: 10pt/10pt 'times new roman', times, serif; white-space: nowrap; color: #000000; vertical-align: bottom;">
<td style="border-bottom: #ffffff 1px solid; text-align: left; padding-bottom: 2.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.5pt;">
<div style="white-space: nowrap;">Broker relationships</div>
</td>
<td style="border-bottom: #ffffff 1px solid; padding: 0pt;">​</td>
<td style="border-bottom: #ffffff 1px solid; padding: 0pt;">​</td>
<td style="border-bottom: #ffffff 1px solid; text-align: center; padding-bottom: 2.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.5pt;">
<div style="text-align: center;">24.6</div>
</td>
<td style="border-bottom: #ffffff 1px solid; padding: 0pt;">​</td>
<td style="border-bottom: #ffffff 1px solid; padding: 0pt;">​</td>
<td style="border-bottom: #ffffff 1px solid; padding-bottom: 0pt; padding-left: 3.685pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="border-bottom: #000000 1px solid; padding-bottom: 2.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.5pt;">​</td>
<td style="border-bottom: #000000 1px solid; padding-bottom: 2.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3.5pt;">11,611</td>
<td style="border-bottom: #ffffff 1px solid; padding-bottom: 0pt; padding-left: 3.685pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="border-bottom: #ffffff 1px solid; padding: 0pt;">​</td>
<td style="border-bottom: #ffffff 1px solid; padding: 0pt;">​</td>
<td style="border-bottom: #ffffff 1px solid; padding-bottom: 0pt; padding-left: 8.225pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="border-bottom: #000000 1px solid; padding-bottom: 2.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.5pt;">​</td>
<td style="border-bottom: #000000 1px solid; padding-bottom: 2.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3.5pt;">3,447</td>
<td style="border-bottom: #ffffff 1px solid; padding-bottom: 0pt; padding-left: 8.225pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="border-bottom: #ffffff 1px solid; padding: 0pt;">​</td>
<td style="border-bottom: #ffffff 1px solid; padding: 0pt;">​</td>
<td style="border-bottom: #ffffff 1px solid; padding: 0pt;">​</td>
<td style="border-bottom: #000000 1px solid; padding-bottom: 2.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.5pt;">​</td>
<td style="border-bottom: #000000 1px solid; padding-bottom: 2.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3.5pt;">11,611</td>
<td style="border-bottom: #ffffff 1px solid; padding: 0pt;">​</td>
<td style="border-bottom: #ffffff 1px solid; padding: 0pt;">​</td>
<td style="border-bottom: #ffffff 1px solid; padding: 0pt;">​</td>
<td style="border-bottom: #ffffff 1px solid; padding-bottom: 0pt; padding-left: 8.225pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="border-bottom: #000000 1px solid; padding-bottom: 2.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.5pt;">​</td>
<td style="border-bottom: #000000 1px solid; padding-bottom: 2.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3.5pt;">2,850</td>
<td style="border-bottom: #ffffff 1px solid; padding-bottom: 0pt; padding-left: 8.225pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="border-bottom: #ffffff 1px solid; padding: 0pt;">​</td>
</tr>
<tr style="text-align: right; text-transform: none; background-color: #cceeff; font: 10pt/12pt 'times new roman', times, serif; white-space: nowrap; color: #000000; vertical-align: bottom;">
<td style="border-bottom: #cceeff 1px solid; text-align: left; padding-bottom: 1.833pt; padding-left: 0pt; padding-right: 0pt; white-space: normal; padding-top: 1.917pt;">
<div style="text-indent: -10pt; margin-left: 10pt;">Identifiable intangible assets subject to amortization</div>
</td>
<td style="border-bottom: #cceeff 1px solid; padding: 0pt;">​</td>
<td style="border-bottom: #cceeff 1px solid; padding: 0pt;">​</td>
<td style="border-bottom: #cceeff 1px solid; text-align: center; padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="border-bottom: #cceeff 1px solid; padding: 0pt;">​</td>
<td style="border-bottom: #cceeff 1px solid; padding: 0pt;">​</td>
<td style="border-bottom: #cceeff 1px solid; padding-bottom: 0pt; padding-left: 3.685pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="border-bottom: #000000 1px solid; padding-bottom: 1.833pt; padding-left: 0pt; padding-right: 0pt; padding-top: 1.917pt;">​</td>
<td style="border-bottom: #000000 1px solid; padding-bottom: 1.833pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 1.917pt;">11,611</td>
<td style="border-bottom: #cceeff 1px solid; padding-bottom: 0pt; padding-left: 3.685pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="border-bottom: #cceeff 1px solid; padding: 0pt;">​</td>
<td style="border-bottom: #cceeff 1px solid; padding: 0pt;">​</td>
<td style="border-bottom: #cceeff 1px solid; padding-bottom: 0pt; padding-left: 8.225pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="border-bottom: #000000 1px solid; padding-bottom: 1.833pt; padding-left: 0pt; padding-right: 0pt; padding-top: 1.917pt;">​</td>
<td style="border-bottom: #000000 1px solid; padding-bottom: 1.833pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 1.917pt;">3,447</td>
<td style="border-bottom: #cceeff 1px solid; padding-bottom: 0pt; padding-left: 8.225pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="border-bottom: #cceeff 1px solid; padding: 0pt;">​</td>
<td style="border-bottom: #cceeff 1px solid; padding: 0pt;">​</td>
<td style="border-bottom: #cceeff 1px solid; padding: 0pt;">​</td>
<td style="border-bottom: #000000 1px solid; padding-bottom: 1.833pt; padding-left: 0pt; padding-right: 0pt; padding-top: 1.917pt;">​</td>
<td style="border-bottom: #000000 1px solid; padding-bottom: 1.833pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 1.917pt;">11,611</td>
<td style="border-bottom: #cceeff 1px solid; padding: 0pt;">​</td>
<td style="border-bottom: #cceeff 1px solid; padding: 0pt;">​</td>
<td style="border-bottom: #cceeff 1px solid; padding: 0pt;">​</td>
<td style="border-bottom: #cceeff 1px solid; padding-bottom: 0pt; padding-left: 8.225pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="border-bottom: #000000 1px solid; padding-bottom: 1.833pt; padding-left: 0pt; padding-right: 0pt; padding-top: 1.917pt;">​</td>
<td style="border-bottom: #000000 1px solid; padding-bottom: 1.833pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 1.917pt;">2,850</td>
<td style="border-bottom: #cceeff 1px solid; padding-bottom: 0pt; padding-left: 8.225pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="border-bottom: #cceeff 1px solid; padding: 0pt;">​</td>
</tr>
<tr style="text-align: right; text-transform: none; font: 10pt/10pt 'times new roman', times, serif; white-space: nowrap; color: #000000; vertical-align: bottom;">
<td style="text-align: left; padding-bottom: 0.75pt; padding-left: 0pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="text-align: center; padding-bottom: 0.75pt; padding-left: 0pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding-bottom: 0pt; padding-left: 3.685pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="border-bottom: #000000 3px double; padding-bottom: 2pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.25pt;">$</td>
<td style="border-bottom: #000000 3px double; padding-bottom: 2pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3.25pt;">42,975</td>
<td style="padding-bottom: 0pt; padding-left: 3.685pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding-bottom: 0pt; padding-left: 8.225pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="border-bottom: #000000 3px double; padding-bottom: 2pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.25pt;">$</td>
<td style="border-bottom: #000000 3px double; padding-bottom: 2pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3.25pt;">3,447</td>
<td style="padding-bottom: 0pt; padding-left: 8.225pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="border-bottom: #000000 3px double; padding-bottom: 2pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.25pt;">$</td>
<td style="border-bottom: #000000 3px double; padding-bottom: 2pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3.25pt;">42,975</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding-bottom: 0pt; padding-left: 8.225pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="border-bottom: #000000 3px double; padding-bottom: 2pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.25pt;">$</td>
<td style="border-bottom: #000000 3px double; padding-bottom: 2pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3.25pt;">2,850</td>
<td style="padding-bottom: 0pt; padding-left: 8.225pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
</tr>
<tr style="line-height: 4pt; height: 4pt;">
<td style="line-height: 0pt; font-size: 0pt; padding: 0pt;" colspan="33">​</td>
</tr>
</table>
</div>
<div style="widows: 1; text-transform: none; margin-top: 12.98pt; text-indent: 20pt; font: 13px/12pt 'times new roman', times, serif; white-space: normal; letter-spacing: normal; color: #000000; margin-left: 10px; word-spacing: 0px; -webkit-text-stroke-width: 0px;">Future estimated amortization of specifically identifiable intangible assets as of December 31, 2015 is as follows (<font style="font-style: italic;">in thousands)</font>:</div>
<div style="widows: 1; text-transform: none; margin-top: 10pt; text-indent: 0px; font: 13px 'times new roman', times, serif; white-space: normal; letter-spacing: normal; color: #000000; margin-left: 10px; word-spacing: 0px; -webkit-text-stroke-width: 0px;">
<table style="margin-top: 8pt; width: 50%; border-collapse: collapse; height: 82px;" border="0">
<tr style="text-align: right; text-transform: none; background-color: #cceeff; font: 10pt/10pt 'times new roman', times, serif; white-space: nowrap; color: #000000; vertical-align: bottom;">
<td style="padding: 0pt;">​</td>
<td style="text-align: left; padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 0pt;">
<div style="white-space: nowrap;">2016</div>
</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 0pt;">$</td>
<td style="padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 0pt;">597</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
</tr>
<tr style="text-align: right; text-transform: none; font: 10pt/10pt 'times new roman', times, serif; white-space: nowrap; color: #000000; vertical-align: bottom;">
<td style="padding: 0pt;">​</td>
<td style="text-align: left; padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 2pt;">
<div style="white-space: nowrap;">2017</div>
</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 2pt;">​</td>
<td style="padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 2pt;">597</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
</tr>
<tr style="text-align: right; text-transform: none; background-color: #cceeff; font: 10pt/10pt 'times new roman', times, serif; white-space: nowrap; color: #000000; vertical-align: bottom;">
<td style="padding: 0pt;">​</td>
<td style="text-align: left; padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 2pt;">
<div style="white-space: nowrap;">2018</div>
</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 2pt;">​</td>
<td style="padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 2pt;">597</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
</tr>
<tr style="text-align: right; text-transform: none; font: 10pt/10pt 'times new roman', times, serif; white-space: nowrap; color: #000000; vertical-align: bottom;">
<td style="padding: 0pt;">​</td>
<td style="text-align: left; padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 2pt;">
<div style="white-space: nowrap;">2019</div>
</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 2pt;">​</td>
<td style="padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 2pt;">597</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
</tr>
<tr style="text-align: right; text-transform: none; background-color: #cceeff; font: 10pt/10pt 'times new roman', times, serif; white-space: nowrap; color: #000000; vertical-align: bottom;">
<td style="padding: 0pt;">​</td>
<td style="text-align: left; padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 2pt;">
<div style="white-space: nowrap;">2020</div>
</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 2pt;">​</td>
<td style="padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 2pt;">538</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
</tr>
<tr style="text-align: right; text-transform: none; font: 10pt/10pt 'times new roman', times, serif; white-space: nowrap; color: #000000; vertical-align: bottom;">
<td style="border-bottom: #ffffff 1px solid; padding: 0pt;">​</td>
<td style="border-bottom: #ffffff 1px solid; text-align: left; padding-bottom: 1pt; padding-left: 0pt; padding-right: 0pt; padding-top: 2pt;">
<div style="white-space: nowrap;">Thereafter</div>
</td>
<td style="border-bottom: #ffffff 1px solid; padding: 0pt;">​</td>
<td style="border-bottom: #ffffff 1px solid; padding: 0pt;">​</td>
<td style="border-bottom: #ffffff 1px solid; padding: 0pt;">​</td>
<td style="border-bottom: #000000 1px solid; padding-bottom: 1pt; padding-left: 0pt; padding-right: 0pt; padding-top: 2pt;">​</td>
<td style="border-bottom: #000000 1px solid; padding-bottom: 1pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 2pt;">5,237</td>
<td style="border-bottom: #ffffff 1px solid; padding: 0pt;">​</td>
<td style="border-bottom: #ffffff 1px solid; padding: 0pt;">​</td>
</tr>
<tr style="text-align: right; text-transform: none; background-color: #cceeff; font: 10pt/10pt 'times new roman', times, serif; white-space: nowrap; color: #000000; vertical-align: bottom;">
<td style="padding: 0pt;">​</td>
<td style="text-align: left; padding-bottom: 2.75pt; padding-left: 0pt; padding-right: 0pt; padding-top: 1.75pt;">
<div style="white-space: nowrap;">Total</div>
</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="border-bottom: #000000 3px double; padding-bottom: 2pt; padding-left: 0pt; padding-right: 0pt; padding-top: 1.75pt;">$</td>
<td style="border-bottom: #000000 3px double; padding-bottom: 2pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 1.75pt;">8,163</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
</tr>
<tr style="line-height: 5.5pt; height: 5.5pt;">
<td style="line-height: 0pt; font-size: 0pt; padding: 0pt;" colspan="10">​</td>
</tr>
</table>
</div>
<div style="widows: 1; text-transform: none; margin-top: 0pt; text-indent: 20pt; font: 13px/12pt 'times new roman', times, serif; white-space: normal; letter-spacing: normal; color: #000000; margin-left: 10px; word-spacing: 0px; -webkit-text-stroke-width: 0px;"> </div>
<div style="widows: 1; text-transform: none; margin-top: 0pt; text-indent: 10pt; font: 13px/12pt 'times new roman', times, serif; white-space: normal; letter-spacing: normal; color: #000000; margin-left: 10px; word-spacing: 0px; -webkit-text-stroke-width: 0px;">The table below summarizes the changes in the net carrying values of intangible assets by segment for 2015:</div>
<div style="widows: 1; text-transform: none; margin-top: 0pt; text-indent: 0px; font: 13px 'times new roman', times, serif; white-space: normal; letter-spacing: normal; color: #000000; margin-left: 10px; word-spacing: 0px; -webkit-text-stroke-width: 0px;">
<table style="margin-top: 2pt; width: 80%; border-collapse: collapse; height: 191px;" border="0">
<tr style="text-align: center; text-transform: none; font: bold 8pt/9pt 'times new roman', times, serif; white-space: nowrap; color: #000000; vertical-align: bottom;">
<td style="border-bottom: #ffffff 1px solid; text-align: left; padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="border-bottom: #ffffff 1px solid; padding: 0pt;">​</td>
<td style="border-bottom: #ffffff 1px solid; padding: 0pt;">​</td>
<td style="border-bottom: #000000 1px solid; padding-bottom: 1.167pt; padding-left: 0pt; padding-right: 0pt; padding-top: 0pt;" colspan="4">
<div style="text-align: center;">December 31, <br />2014 <br />Net Carrying <br />Value</div>
</td>
<td style="border-bottom: #ffffff 1px solid; padding: 0pt;">​</td>
<td style="border-bottom: #ffffff 1px solid; padding: 0pt;">​</td>
<td style="border-bottom: #000000 1px solid; padding-bottom: 1.167pt; padding-left: 0pt; padding-right: 0pt; padding-top: 0pt;" colspan="4">
<div style="text-align: center; white-space: nowrap;">Amortization</div>
</td>
<td style="border-bottom: #ffffff 1px solid; padding: 0pt;">​</td>
<td style="border-bottom: #ffffff 1px solid; padding: 0pt;">​</td>
<td style="border-bottom: #000000 1px solid; padding-bottom: 1.167pt; padding-left: 0pt; padding-right: 0pt; padding-top: 0pt;" colspan="4">
<div style="text-align: center;">Impairment <br />Losses</div>
</td>
<td style="border-bottom: #ffffff 1px solid; padding: 0pt;">​</td>
<td style="border-bottom: #ffffff 1px solid; padding: 0pt;">​</td>
<td style="border-bottom: #000000 1px solid; padding-bottom: 1.167pt; padding-left: 0pt; padding-right: 0pt; padding-top: 0pt;" colspan="4">
<div style="text-align: center;">December 31, <br />2015 <br />Net Carrying <br />Value</div>
</td>
<td style="border-bottom: #ffffff 1px solid; padding: 0pt;">​</td>
</tr>
<tr style="text-align: left; text-transform: none; font: bold italic 8pt/8pt 'times new roman', times, serif; white-space: nowrap; color: #000000; vertical-align: bottom;">
<td style="padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="text-align: center; padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 2.25pt;" colspan="22">
<div style="text-align: center; white-space: nowrap;">(in thousands)</div>
</td>
<td style="padding: 0pt;">​</td>
</tr>
<tr style="text-align: left; text-transform: none; background-color: #cceeff; font: 10pt/10pt 'times new roman', times, serif; white-space: nowrap; color: #000000; vertical-align: bottom;">
<td style="padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 2.5pt;">Excess and Surplus Lines</td>
<td style="padding: 0pt;">​</td>
<td colspan="6">​</td>
<td colspan="6">​</td>
<td colspan="6">​</td>
<td colspan="6">​</td>
</tr>
<tr style="text-align: right; text-transform: none; font: 10pt/10pt 'times new roman', times, serif; white-space: nowrap; color: #000000; vertical-align: bottom;">
<td style="text-align: left; padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 2.5pt;">
<div style="white-space: nowrap;">Trademarks</div>
</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding-bottom: 0pt; padding-left: 6.44pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 2.5pt;">$</td>
<td style="padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 2.5pt;">19,700</td>
<td style="padding-bottom: 0pt; padding-left: 6.44pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding-bottom: 0pt; padding-left: 10.415pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 2.5pt;">$</td>
<td style="padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 2.5pt;">—</td>
<td style="padding-bottom: 0pt; padding-left: 10.415pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding-bottom: 0pt; padding-left: 9.47pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 2.5pt;">$</td>
<td style="padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 2.5pt;"> —</td>
<td style="padding-bottom: 0pt; padding-left: 9.47pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding-bottom: 0pt; padding-left: 6.44pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 2.5pt;">$</td>
<td style="padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 2.5pt;">19,700</td>
<td style="padding-bottom: 0pt; padding-left: 6.44pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
</tr>
<tr style="text-align: right; text-transform: none; background-color: #cceeff; font: 10pt/10pt 'times new roman', times, serif; white-space: nowrap; color: #000000; vertical-align: bottom;">
<td style="text-align: left; padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 2.5pt;">
<div style="white-space: nowrap;">Insurance licenses and authorities</div>
</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding-bottom: 0pt; padding-left: 6.44pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 2.5pt;">​</td>
<td style="padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 2.5pt;">4,900</td>
<td style="padding-bottom: 0pt; padding-left: 6.44pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding-bottom: 0pt; padding-left: 10.415pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 2.5pt;">​</td>
<td style="padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 2.5pt;">—</td>
<td style="padding-bottom: 0pt; padding-left: 10.415pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding-bottom: 0pt; padding-left: 9.47pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 2.5pt;">​</td>
<td style="padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 2.5pt;">—</td>
<td style="padding-bottom: 0pt; padding-left: 9.47pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding-bottom: 0pt; padding-left: 6.44pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 2.5pt;">​</td>
<td style="padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 2.5pt;">4,900</td>
<td style="padding-bottom: 0pt; padding-left: 6.44pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
</tr>
<tr style="text-align: right; text-transform: none; font: 10pt/10pt 'times new roman', times, serif; white-space: nowrap; color: #000000; vertical-align: bottom;">
<td style="border-bottom: #ffffff 1px solid; text-align: left; padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 2.5pt;">
<div style="white-space: nowrap;">Broker relationships</div>
</td>
<td style="border-bottom: #ffffff 1px solid; padding: 0pt;">​</td>
<td style="border-bottom: #ffffff 1px solid; padding: 0pt;">​</td>
<td style="border-bottom: #ffffff 1px solid; padding-bottom: 0pt; padding-left: 6.44pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="border-bottom: #000000 1px solid; padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 2.5pt;">​</td>
<td style="border-bottom: #000000 1px solid; padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 2.5pt;">7,413</td>
<td style="border-bottom: #ffffff 1px solid; padding-bottom: 0pt; padding-left: 6.44pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="border-bottom: #ffffff 1px solid; padding: 0pt;">​</td>
<td style="border-bottom: #ffffff 1px solid; padding: 0pt;">​</td>
<td style="border-bottom: #ffffff 1px solid; padding-bottom: 0pt; padding-left: 10.415pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="border-bottom: #000000 1px solid; padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 2.5pt;">​</td>
<td style="border-bottom: #000000 1px solid; padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 2.5pt;">(362<font style="position: absolute;">)</font></td>
<td style="border-bottom: #ffffff 1px solid; padding-bottom: 0pt; padding-left: 10.415pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="border-bottom: #ffffff 1px solid; padding: 0pt;">​</td>
<td style="border-bottom: #ffffff 1px solid; padding: 0pt;">​</td>
<td style="border-bottom: #ffffff 1px solid; padding-bottom: 0pt; padding-left: 9.47pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="border-bottom: #000000 1px solid; padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 2.5pt;">​</td>
<td style="border-bottom: #000000 1px solid; padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 2.5pt;">—</td>
<td style="border-bottom: #ffffff 1px solid; padding-bottom: 0pt; padding-left: 9.47pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="border-bottom: #ffffff 1px solid; padding: 0pt;">​</td>
<td style="border-bottom: #ffffff 1px solid; padding: 0pt;">​</td>
<td style="border-bottom: #ffffff 1px solid; padding-bottom: 0pt; padding-left: 6.44pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="border-bottom: #000000 1px solid; padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 2.5pt;">​</td>
<td style="border-bottom: #000000 1px solid; padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 2.5pt;">7,051</td>
<td style="border-bottom: #ffffff 1px solid; padding-bottom: 0pt; padding-left: 6.44pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="border-bottom: #ffffff 1px solid; padding: 0pt;">​</td>
</tr>
<tr style="text-align: right; text-transform: none; background-color: #cceeff; font: 10pt/10pt 'times new roman', times, serif; white-space: nowrap; color: #000000; vertical-align: bottom;">
<td style="text-align: left; padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding-bottom: 0pt; padding-left: 6.44pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 2.25pt;">​</td>
<td style="padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 2.25pt;">32,013</td>
<td style="padding-bottom: 0pt; padding-left: 6.44pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding-bottom: 0pt; padding-left: 10.415pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 2.25pt;">​</td>
<td style="padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 2.25pt;">(362<font style="position: absolute;">)</font></td>
<td style="padding-bottom: 0pt; padding-left: 10.415pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding-bottom: 0pt; padding-left: 9.47pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 2.25pt;">​</td>
<td style="padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 2.25pt;">—</td>
<td style="padding-bottom: 0pt; padding-left: 9.47pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding-bottom: 0pt; padding-left: 6.44pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 2.25pt;">​</td>
<td style="padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 2.25pt;">31,651</td>
<td style="padding-bottom: 0pt; padding-left: 6.44pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
</tr>
<tr style="text-align: left; text-transform: none; font: 10pt/10pt 'times new roman', times, serif; white-space: nowrap; color: #000000; vertical-align: bottom;">
<td style="padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 2.5pt;">Specialty Admitted Insurance</td>
<td style="padding: 0pt;">​</td>
<td colspan="6">​</td>
<td colspan="6">​</td>
<td colspan="6">​</td>
<td colspan="6">​</td>
</tr>
<tr style="text-align: right; text-transform: none; background-color: #cceeff; font: 10pt/10pt 'times new roman', times, serif; white-space: nowrap; color: #000000; vertical-align: bottom;">
<td style="text-align: left; padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 2.5pt;">
<div style="white-space: nowrap;">Trademarks</div>
</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding-bottom: 0pt; padding-left: 6.44pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 2.5pt;">​</td>
<td style="padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 2.5pt;">2,500</td>
<td style="padding-bottom: 0pt; padding-left: 6.44pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding-bottom: 0pt; padding-left: 10.415pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 2.5pt;">​</td>
<td style="padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 2.5pt;">—</td>
<td style="padding-bottom: 0pt; padding-left: 10.415pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding-bottom: 0pt; padding-left: 9.47pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 2.5pt;">​</td>
<td style="padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 2.5pt;">—</td>
<td style="padding-bottom: 0pt; padding-left: 9.47pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding-bottom: 0pt; padding-left: 6.44pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 2.5pt;">​</td>
<td style="padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 2.5pt;">2,500</td>
<td style="padding-bottom: 0pt; padding-left: 6.44pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
</tr>
<tr style="text-align: right; text-transform: none; font: 10pt/10pt 'times new roman', times, serif; white-space: nowrap; color: #000000; vertical-align: bottom;">
<td style="text-align: left; padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 2.5pt;">
<div style="white-space: nowrap;">Insurance licenses and authorities</div>
</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding-bottom: 0pt; padding-left: 6.44pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 2.5pt;">​</td>
<td style="padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 2.5pt;">4,265</td>
<td style="padding-bottom: 0pt; padding-left: 6.44pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding-bottom: 0pt; padding-left: 10.415pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 2.5pt;">​</td>
<td style="padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 2.5pt;">—</td>
<td style="padding-bottom: 0pt; padding-left: 10.415pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding-bottom: 0pt; padding-left: 9.47pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 2.5pt;">​</td>
<td style="padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 2.5pt;">—</td>
<td style="padding-bottom: 0pt; padding-left: 9.47pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding-bottom: 0pt; padding-left: 6.44pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 2.5pt;">​</td>
<td style="padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 2.5pt;">4,265</td>
<td style="padding-bottom: 0pt; padding-left: 6.44pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
</tr>
<tr style="text-align: right; text-transform: none; background-color: #cceeff; font: 10pt/10pt 'times new roman', times, serif; white-space: nowrap; color: #000000; vertical-align: bottom;">
<td style="border-bottom: #cceeff 1px solid; text-align: left; padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 2.5pt;">
<div style="white-space: nowrap;">Broker relationships</div>
</td>
<td style="border-bottom: #cceeff 1px solid; padding: 0pt;">​</td>
<td style="border-bottom: #cceeff 1px solid; padding: 0pt;">​</td>
<td style="border-bottom: #cceeff 1px solid; padding-bottom: 0pt; padding-left: 6.44pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="border-bottom: #000000 1px solid; padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 2.5pt;">​</td>
<td style="border-bottom: #000000 1px solid; padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 2.5pt;">1,347</td>
<td style="border-bottom: #cceeff 1px solid; padding-bottom: 0pt; padding-left: 6.44pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="border-bottom: #cceeff 1px solid; padding: 0pt;">​</td>
<td style="border-bottom: #cceeff 1px solid; padding: 0pt;">​</td>
<td style="border-bottom: #cceeff 1px solid; padding-bottom: 0pt; padding-left: 10.415pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="border-bottom: #000000 1px solid; padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 2.5pt;">​</td>
<td style="border-bottom: #000000 1px solid; padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 2.5pt;">(235<font style="position: absolute;">)</font></td>
<td style="border-bottom: #cceeff 1px solid; padding-bottom: 0pt; padding-left: 10.415pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="border-bottom: #cceeff 1px solid; padding: 0pt;">​</td>
<td style="border-bottom: #cceeff 1px solid; padding: 0pt;">​</td>
<td style="border-bottom: #cceeff 1px solid; padding-bottom: 0pt; padding-left: 9.47pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="border-bottom: #000000 1px solid; padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 2.5pt;">​</td>
<td style="border-bottom: #000000 1px solid; padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 2.5pt;">—</td>
<td style="border-bottom: #cceeff 1px solid; padding-bottom: 0pt; padding-left: 9.47pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="border-bottom: #cceeff 1px solid; padding: 0pt;">​</td>
<td style="border-bottom: #cceeff 1px solid; padding: 0pt;">​</td>
<td style="border-bottom: #cceeff 1px solid; padding-bottom: 0pt; padding-left: 6.44pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="border-bottom: #000000 1px solid; padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 2.5pt;">​</td>
<td style="border-bottom: #000000 1px solid; padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 2.5pt;">1,112</td>
<td style="border-bottom: #cceeff 1px solid; padding-bottom: 0pt; padding-left: 6.44pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="border-bottom: #cceeff 1px solid; padding: 0pt;">​</td>
</tr>
<tr style="text-align: right; text-transform: none; font: 10pt/10pt 'times new roman', times, serif; white-space: nowrap; color: #000000; vertical-align: bottom;">
<td style="border-bottom: #ffffff 1px solid; text-align: left; padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="border-bottom: #ffffff 1px solid; padding: 0pt;">​</td>
<td style="border-bottom: #ffffff 1px solid; padding: 0pt;">​</td>
<td style="border-bottom: #ffffff 1px solid; padding-bottom: 0pt; padding-left: 6.44pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="border-bottom: #000000 1px solid; padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 2.25pt;">​</td>
<td style="border-bottom: #000000 1px solid; padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 2.25pt;">8,112</td>
<td style="border-bottom: #ffffff 1px solid; padding-bottom: 0pt; padding-left: 6.44pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="border-bottom: #ffffff 1px solid; padding: 0pt;">​</td>
<td style="border-bottom: #ffffff 1px solid; padding: 0pt;">​</td>
<td style="border-bottom: #ffffff 1px solid; padding-bottom: 0pt; padding-left: 10.415pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="border-bottom: #000000 1px solid; padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 2.25pt;">​</td>
<td style="border-bottom: #000000 1px solid; padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 2.25pt;">(235<font style="position: absolute;">)</font></td>
<td style="border-bottom: #ffffff 1px solid; padding-bottom: 0pt; padding-left: 10.415pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="border-bottom: #ffffff 1px solid; padding: 0pt;">​</td>
<td style="border-bottom: #ffffff 1px solid; padding: 0pt;">​</td>
<td style="border-bottom: #ffffff 1px solid; padding-bottom: 0pt; padding-left: 9.47pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="border-bottom: #000000 1px solid; padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 2.25pt;">​</td>
<td style="border-bottom: #000000 1px solid; padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 2.25pt;">—</td>
<td style="border-bottom: #ffffff 1px solid; padding-bottom: 0pt; padding-left: 9.47pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="border-bottom: #ffffff 1px solid; padding: 0pt;">​</td>
<td style="border-bottom: #ffffff 1px solid; padding: 0pt;">​</td>
<td style="border-bottom: #ffffff 1px solid; padding-bottom: 0pt; padding-left: 6.44pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="border-bottom: #000000 1px solid; padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 2.25pt;">​</td>
<td style="border-bottom: #000000 1px solid; padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 2.25pt;">7,877</td>
<td style="border-bottom: #ffffff 1px solid; padding-bottom: 0pt; padding-left: 6.44pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="border-bottom: #ffffff 1px solid; padding: 0pt;">​</td>
</tr>
<tr style="text-align: right; text-transform: none; background-color: #cceeff; font: 10pt/10pt 'times new roman', times, serif; white-space: nowrap; color: #000000; vertical-align: bottom;">
<td style="text-align: left; padding-bottom: 2.75pt; padding-left: 0pt; padding-right: 0pt; padding-top: 2.25pt;">
<div style="white-space: nowrap;">Total identifiable intangible assets</div>
</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding-bottom: 0pt; padding-left: 6.44pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="border-bottom: #000000 3px double; padding-bottom: 2pt; padding-left: 0pt; padding-right: 0pt; padding-top: 2.25pt;">$</td>
<td style="border-bottom: #000000 3px double; padding-bottom: 2pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 2.25pt;">40,125</td>
<td style="padding-bottom: 0pt; padding-left: 6.44pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding-bottom: 0pt; padding-left: 10.415pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="border-bottom: #000000 3px double; padding-bottom: 2pt; padding-left: 0pt; padding-right: 0pt; padding-top: 2.25pt;">$</td>
<td style="border-bottom: #000000 3px double; padding-bottom: 2pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 2.25pt;">(597<font style="position: absolute;">)</font></td>
<td style="padding-bottom: 0pt; padding-left: 10.415pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding-bottom: 0pt; padding-left: 9.47pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="border-bottom: #000000 3px double; padding-bottom: 2pt; padding-left: 0pt; padding-right: 0pt; padding-top: 2.25pt;">$</td>
<td style="border-bottom: #000000 3px double; padding-bottom: 2pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 2.25pt;">—</td>
<td style="padding-bottom: 0pt; padding-left: 9.47pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding-bottom: 0pt; padding-left: 6.44pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="border-bottom: #000000 3px double; padding-bottom: 2pt; padding-left: 0pt; padding-right: 0pt; padding-top: 2.25pt;">$</td>
<td style="border-bottom: #000000 3px double; padding-bottom: 2pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 2.25pt;">39,528</td>
<td style="padding-bottom: 0pt; padding-left: 6.44pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
</tr>
<tr style="line-height: 5pt; height: 5pt;">
<td style="line-height: 0pt; font-size: 0pt; padding: 0pt;" colspan="30">​</td>
</tr>
</table>
</div>
<div style="widows: 1; text-transform: none; margin-top: 46pt; text-indent: 0px; font: 13px 'times new roman', times, serif; white-space: normal; letter-spacing: normal; color: #000000; margin-left: 10px; word-spacing: 0px; -webkit-text-stroke-width: 0px;">The table below summarizes the changes in the net carrying values of intangible assets by segment for 2014:</div>
<div style="widows: 1; text-transform: none; margin-top: 46pt; text-indent: 0px; font: 13px 'times new roman', times, serif; white-space: normal; letter-spacing: normal; color: #000000; margin-left: 10px; word-spacing: 0px; -webkit-text-stroke-width: 0px;">
<table style="widows: 1; text-transform: none; margin-top: 2pt; text-indent: 0px; border-collapse: collapse; font: 13px 'times new roman', times, serif; white-space: normal; letter-spacing: normal; height: 191pt; color: #000000; word-spacing: 0px; -webkit-text-stroke-width: 0px;">
<tr style="text-align: center; text-transform: none; font: bold 8pt/9pt 'times new roman', times, serif; white-space: nowrap; color: #000000; vertical-align: bottom;">
<td style="border-bottom: #ffffff 1px solid; text-align: left; padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="border-bottom: #ffffff 1px solid; padding: 0pt;">​</td>
<td style="border-bottom: #ffffff 1px solid; padding: 0pt;">​</td>
<td style="border-bottom: #000000 1px solid; padding-bottom: 1.167pt; padding-left: 0pt; padding-right: 0pt; padding-top: 0pt;" colspan="4">
<div style="text-align: center;">December 31, <br />2013 <br />Net Carrying <br />Value</div>
</td>
<td style="border-bottom: #ffffff 1px solid; padding: 0pt;">​</td>
<td style="border-bottom: #ffffff 1px solid; padding: 0pt;">​</td>
<td style="border-bottom: #000000 1px solid; padding-bottom: 1.167pt; padding-left: 0pt; padding-right: 0pt; padding-top: 0pt;" colspan="4">
<div style="text-align: center; white-space: nowrap;">Amortization</div>
</td>
<td style="border-bottom: #ffffff 1px solid; padding: 0pt;">​</td>
<td style="border-bottom: #ffffff 1px solid; padding: 0pt;">​</td>
<td style="border-bottom: #000000 1px solid; padding-bottom: 1.167pt; padding-left: 0pt; padding-right: 0pt; padding-top: 0pt;" colspan="4">
<div style="text-align: center;">Impairment <br />Losses</div>
</td>
<td style="border-bottom: #ffffff 1px solid; padding: 0pt;">​</td>
<td style="border-bottom: #ffffff 1px solid; padding: 0pt;">​</td>
<td style="border-bottom: #000000 1px solid; padding-bottom: 1.167pt; padding-left: 0pt; padding-right: 0pt; padding-top: 0pt;" colspan="4">
<div style="text-align: center;">December 31, <br />2014 <br />Net Carrying <br />Value</div>
</td>
<td style="border-bottom: #ffffff 1px solid; padding: 0pt;">​</td>
</tr>
<tr style="text-align: left; text-transform: none; font: bold italic 8pt/8pt 'times new roman', times, serif; white-space: nowrap; color: #000000; vertical-align: bottom;">
<td style="padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="text-align: center; padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 2.25pt;" colspan="22">
<div style="text-align: center; white-space: nowrap;">(in thousands)</div>
</td>
<td style="padding: 0pt;">​</td>
</tr>
<tr style="text-align: left; text-transform: none; background-color: #cceeff; font: 10pt/10pt 'times new roman', times, serif; white-space: nowrap; color: #000000; vertical-align: bottom;">
<td style="padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 2.5pt;">Excess and Surplus Lines</td>
<td style="padding: 0pt;">​</td>
<td colspan="6">​</td>
<td colspan="6">​</td>
<td colspan="6">​</td>
<td colspan="6">​</td>
</tr>
<tr style="text-align: right; text-transform: none; font: 10pt/10pt 'times new roman', times, serif; white-space: nowrap; color: #000000; vertical-align: bottom;">
<td style="text-align: left; padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 2.5pt;">
<div style="white-space: nowrap;">Trademarks</div>
</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding-bottom: 0pt; padding-left: 6.44pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 2.5pt;">$</td>
<td style="padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 2.5pt;">19,700</td>
<td style="padding-bottom: 0pt; padding-left: 6.44pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding-bottom: 0pt; padding-left: 10.415pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 2.5pt;">$</td>
<td style="padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 2.5pt;">—</td>
<td style="padding-bottom: 0pt; padding-left: 10.415pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding-bottom: 0pt; padding-left: 11.97pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 2.5pt;">$</td>
<td style="padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 2.5pt;">—</td>
<td style="padding-bottom: 0pt; padding-left: 11.97pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding-bottom: 0pt; padding-left: 6.44pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 2.5pt;">$</td>
<td style="padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 2.5pt;">19,700</td>
<td style="padding-bottom: 0pt; padding-left: 6.44pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
</tr>
<tr style="text-align: right; text-transform: none; background-color: #cceeff; font: 10pt/10pt 'times new roman', times, serif; white-space: nowrap; color: #000000; vertical-align: bottom;">
<td style="text-align: left; padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 2.5pt;">
<div style="white-space: nowrap;">Insurance licenses and authorities</div>
</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding-bottom: 0pt; padding-left: 6.44pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 2.5pt;">​</td>
<td style="padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 2.5pt;">4,900</td>
<td style="padding-bottom: 0pt; padding-left: 6.44pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding-bottom: 0pt; padding-left: 10.415pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 2.5pt;">​</td>
<td style="padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 2.5pt;">—</td>
<td style="padding-bottom: 0pt; padding-left: 10.415pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding-bottom: 0pt; padding-left: 11.97pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 2.5pt;">​</td>
<td style="padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 2.5pt;">—</td>
<td style="padding-bottom: 0pt; padding-left: 11.97pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding-bottom: 0pt; padding-left: 6.44pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 2.5pt;">​</td>
<td style="padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 2.5pt;">4,900</td>
<td style="padding-bottom: 0pt; padding-left: 6.44pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
</tr>
<tr style="text-align: right; text-transform: none; font: 10pt/10pt 'times new roman', times, serif; white-space: nowrap; color: #000000; vertical-align: bottom;">
<td style="border-bottom: #ffffff 1px solid; text-align: left; padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 2.5pt;">
<div style="white-space: nowrap;">Broker relationships</div>
</td>
<td style="border-bottom: #ffffff 1px solid; padding: 0pt;">​</td>
<td style="border-bottom: #ffffff 1px solid; padding: 0pt;">​</td>
<td style="border-bottom: #ffffff 1px solid; padding-bottom: 0pt; padding-left: 6.44pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="border-bottom: #000000 1px solid; padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 2.5pt;">​</td>
<td style="border-bottom: #000000 1px solid; padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 2.5pt;">7,775</td>
<td style="border-bottom: #ffffff 1px solid; padding-bottom: 0pt; padding-left: 6.44pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="border-bottom: #ffffff 1px solid; padding: 0pt;">​</td>
<td style="border-bottom: #ffffff 1px solid; padding: 0pt;">​</td>
<td style="border-bottom: #ffffff 1px solid; padding-bottom: 0pt; padding-left: 10.415pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="border-bottom: #000000 1px solid; padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 2.5pt;">​</td>
<td style="border-bottom: #000000 1px solid; padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 2.5pt;">(362<font style="position: absolute;">)</font></td>
<td style="border-bottom: #ffffff 1px solid; padding-bottom: 0pt; padding-left: 10.415pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="border-bottom: #ffffff 1px solid; padding: 0pt;">​</td>
<td style="border-bottom: #ffffff 1px solid; padding: 0pt;">​</td>
<td style="border-bottom: #ffffff 1px solid; padding-bottom: 0pt; padding-left: 11.97pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="border-bottom: #000000 1px solid; padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 2.5pt;">​</td>
<td style="border-bottom: #000000 1px solid; padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 2.5pt;">—</td>
<td style="border-bottom: #ffffff 1px solid; padding-bottom: 0pt; padding-left: 11.97pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="border-bottom: #ffffff 1px solid; padding: 0pt;">​</td>
<td style="border-bottom: #ffffff 1px solid; padding: 0pt;">​</td>
<td style="border-bottom: #ffffff 1px solid; padding-bottom: 0pt; padding-left: 6.44pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="border-bottom: #000000 1px solid; padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 2.5pt;">​</td>
<td style="border-bottom: #000000 1px solid; padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 2.5pt;">7,413</td>
<td style="border-bottom: #ffffff 1px solid; padding-bottom: 0pt; padding-left: 6.44pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="border-bottom: #ffffff 1px solid; padding: 0pt;">​</td>
</tr>
<tr style="text-align: right; text-transform: none; background-color: #cceeff; font: 10pt/10pt 'times new roman', times, serif; white-space: nowrap; color: #000000; vertical-align: bottom;">
<td style="text-align: left; padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding-bottom: 0pt; padding-left: 6.44pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 2.25pt;">​</td>
<td style="padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 2.25pt;">32,375</td>
<td style="padding-bottom: 0pt; padding-left: 6.44pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding-bottom: 0pt; padding-left: 10.415pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 2.25pt;">​</td>
<td style="padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 2.25pt;">(362<font style="position: absolute;">)</font></td>
<td style="padding-bottom: 0pt; padding-left: 10.415pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding-bottom: 0pt; padding-left: 11.97pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 2.25pt;">​</td>
<td style="padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 2.25pt;">—</td>
<td style="padding-bottom: 0pt; padding-left: 11.97pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding-bottom: 0pt; padding-left: 6.44pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 2.25pt;">​</td>
<td style="padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 2.25pt;">32,013</td>
<td style="padding-bottom: 0pt; padding-left: 6.44pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
</tr>
<tr style="text-align: left; text-transform: none; font: 10pt/10pt 'times new roman', times, serif; white-space: nowrap; color: #000000; vertical-align: bottom;">
<td style="padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 2.5pt;">Specialty Admitted Insurance</td>
<td style="padding: 0pt;">​</td>
<td colspan="6">​</td>
<td colspan="6">​</td>
<td colspan="6">​</td>
<td colspan="6">​</td>
</tr>
<tr style="text-align: right; text-transform: none; background-color: #cceeff; font: 10pt/10pt 'times new roman', times, serif; white-space: nowrap; color: #000000; vertical-align: bottom;">
<td style="text-align: left; padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 2.5pt;">
<div style="white-space: nowrap;">Trademarks</div>
</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding-bottom: 0pt; padding-left: 6.44pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 2.5pt;">​</td>
<td style="padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 2.5pt;">2,500</td>
<td style="padding-bottom: 0pt; padding-left: 6.44pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding-bottom: 0pt; padding-left: 10.415pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 2.5pt;">​</td>
<td style="padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 2.5pt;">—</td>
<td style="padding-bottom: 0pt; padding-left: 10.415pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding-bottom: 0pt; padding-left: 11.97pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 2.5pt;">​</td>
<td style="padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 2.5pt;">—</td>
<td style="padding-bottom: 0pt; padding-left: 11.97pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding-bottom: 0pt; padding-left: 6.44pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 2.5pt;">​</td>
<td style="padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 2.5pt;">2,500</td>
<td style="padding-bottom: 0pt; padding-left: 6.44pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
</tr>
<tr style="text-align: right; text-transform: none; font: 10pt/10pt 'times new roman', times, serif; white-space: nowrap; color: #000000; vertical-align: bottom;">
<td style="text-align: left; padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 2.5pt;">
<div style="white-space: nowrap;">Insurance licenses and authorities</div>
</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding-bottom: 0pt; padding-left: 6.44pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 2.5pt;">​</td>
<td style="padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 2.5pt;">4,265</td>
<td style="padding-bottom: 0pt; padding-left: 6.44pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding-bottom: 0pt; padding-left: 10.415pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 2.5pt;">​</td>
<td style="padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 2.5pt;">—</td>
<td style="padding-bottom: 0pt; padding-left: 10.415pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding-bottom: 0pt; padding-left: 11.97pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 2.5pt;">​</td>
<td style="padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 2.5pt;">—</td>
<td style="padding-bottom: 0pt; padding-left: 11.97pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding-bottom: 0pt; padding-left: 6.44pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 2.5pt;">​</td>
<td style="padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 2.5pt;">4,265</td>
<td style="padding-bottom: 0pt; padding-left: 6.44pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
</tr>
<tr style="text-align: right; text-transform: none; background-color: #cceeff; font: 10pt/10pt 'times new roman', times, serif; white-space: nowrap; color: #000000; vertical-align: bottom;">
<td style="border-bottom: #cceeff 1px solid; text-align: left; padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 2.5pt;">
<div style="white-space: nowrap;">Broker relationships</div>
</td>
<td style="border-bottom: #cceeff 1px solid; padding: 0pt;">​</td>
<td style="border-bottom: #cceeff 1px solid; padding: 0pt;">​</td>
<td style="border-bottom: #cceeff 1px solid; padding-bottom: 0pt; padding-left: 6.44pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="border-bottom: #000000 1px solid; padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 2.5pt;">​</td>
<td style="border-bottom: #000000 1px solid; padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 2.5pt;">1,582</td>
<td style="border-bottom: #cceeff 1px solid; padding-bottom: 0pt; padding-left: 6.44pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="border-bottom: #cceeff 1px solid; padding: 0pt;">​</td>
<td style="border-bottom: #cceeff 1px solid; padding: 0pt;">​</td>
<td style="border-bottom: #cceeff 1px solid; padding-bottom: 0pt; padding-left: 10.415pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="border-bottom: #000000 1px solid; padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 2.5pt;">​</td>
<td style="border-bottom: #000000 1px solid; padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 2.5pt;">(235<font style="position: absolute;">)</font></td>
<td style="border-bottom: #cceeff 1px solid; padding-bottom: 0pt; padding-left: 10.415pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="border-bottom: #cceeff 1px solid; padding: 0pt;">​</td>
<td style="border-bottom: #cceeff 1px solid; padding: 0pt;">​</td>
<td style="border-bottom: #cceeff 1px solid; padding-bottom: 0pt; padding-left: 11.97pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="border-bottom: #000000 1px solid; padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 2.5pt;">​</td>
<td style="border-bottom: #000000 1px solid; padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 2.5pt;">—</td>
<td style="border-bottom: #cceeff 1px solid; padding-bottom: 0pt; padding-left: 11.97pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="border-bottom: #cceeff 1px solid; padding: 0pt;">​</td>
<td style="border-bottom: #cceeff 1px solid; padding: 0pt;">​</td>
<td style="border-bottom: #cceeff 1px solid; padding-bottom: 0pt; padding-left: 6.44pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="border-bottom: #000000 1px solid; padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 2.5pt;">​</td>
<td style="border-bottom: #000000 1px solid; padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 2.5pt;">1,347</td>
<td style="border-bottom: #cceeff 1px solid; padding-bottom: 0pt; padding-left: 6.44pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="border-bottom: #cceeff 1px solid; padding: 0pt;">​</td>
</tr>
<tr style="text-align: right; text-transform: none; font: 10pt/10pt 'times new roman', times, serif; white-space: nowrap; color: #000000; vertical-align: bottom;">
<td style="border-bottom: #ffffff 1px solid; text-align: left; padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="border-bottom: #ffffff 1px solid; padding: 0pt;">​</td>
<td style="border-bottom: #ffffff 1px solid; padding: 0pt;">​</td>
<td style="border-bottom: #ffffff 1px solid; padding-bottom: 0pt; padding-left: 6.44pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="border-bottom: #000000 1px solid; padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 2.25pt;">​</td>
<td style="border-bottom: #000000 1px solid; padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 2.25pt;">8,347</td>
<td style="border-bottom: #ffffff 1px solid; padding-bottom: 0pt; padding-left: 6.44pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="border-bottom: #ffffff 1px solid; padding: 0pt;">​</td>
<td style="border-bottom: #ffffff 1px solid; padding: 0pt;">​</td>
<td style="border-bottom: #ffffff 1px solid; padding-bottom: 0pt; padding-left: 10.415pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="border-bottom: #000000 1px solid; padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 2.25pt;">​</td>
<td style="border-bottom: #000000 1px solid; padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 2.25pt;">(235<font style="position: absolute;">)</font></td>
<td style="border-bottom: #ffffff 1px solid; padding-bottom: 0pt; padding-left: 10.415pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="border-bottom: #ffffff 1px solid; padding: 0pt;">​</td>
<td style="border-bottom: #ffffff 1px solid; padding: 0pt;">​</td>
<td style="border-bottom: #ffffff 1px solid; padding-bottom: 0pt; padding-left: 11.97pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="border-bottom: #000000 1px solid; padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 2.25pt;">​</td>
<td style="border-bottom: #000000 1px solid; padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 2.25pt;">—</td>
<td style="border-bottom: #ffffff 1px solid; padding-bottom: 0pt; padding-left: 11.97pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="border-bottom: #ffffff 1px solid; padding: 0pt;">​</td>
<td style="border-bottom: #ffffff 1px solid; padding: 0pt;">​</td>
<td style="border-bottom: #ffffff 1px solid; padding-bottom: 0pt; padding-left: 6.44pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="border-bottom: #000000 1px solid; padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 2.25pt;">​</td>
<td style="border-bottom: #000000 1px solid; padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 2.25pt;">8,112</td>
<td style="border-bottom: #ffffff 1px solid; padding-bottom: 0pt; padding-left: 6.44pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="border-bottom: #ffffff 1px solid; padding: 0pt;">​</td>
</tr>
<tr style="text-align: right; text-transform: none; background-color: #cceeff; font: 10pt/10pt 'times new roman', times, serif; white-space: nowrap; color: #000000; vertical-align: bottom;">
<td style="text-align: left; padding-bottom: 2.75pt; padding-left: 0pt; padding-right: 0pt; padding-top: 2.25pt;">
<div style="white-space: nowrap;">Total identifiable intangible assets</div>
</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding-bottom: 0pt; padding-left: 6.44pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="border-bottom: #000000 3px double; padding-bottom: 2pt; padding-left: 0pt; padding-right: 0pt; padding-top: 2.25pt;">$</td>
<td style="border-bottom: #000000 3px double; padding-bottom: 2pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 2.25pt;">40,722</td>
<td style="padding-bottom: 0pt; padding-left: 6.44pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding-bottom: 0pt; padding-left: 10.415pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="border-bottom: #000000 3px double; padding-bottom: 2pt; padding-left: 0pt; padding-right: 0pt; padding-top: 2.25pt;">$</td>
<td style="border-bottom: #000000 3px double; padding-bottom: 2pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 2.25pt;">(597<font style="position: absolute;">)</font></td>
<td style="padding-bottom: 0pt; padding-left: 10.415pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding-bottom: 0pt; padding-left: 11.97pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="border-bottom: #000000 3px double; padding-bottom: 2pt; padding-left: 0pt; padding-right: 0pt; padding-top: 2.25pt;">$</td>
<td style="border-bottom: #000000 3px double; padding-bottom: 2pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 2.25pt;">—</td>
<td style="padding-bottom: 0pt; padding-left: 11.97pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding-bottom: 0pt; padding-left: 6.44pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="border-bottom: #000000 3px double; padding-bottom: 2pt; padding-left: 0pt; padding-right: 0pt; padding-top: 2.25pt;">$</td>
<td style="border-bottom: #000000 3px double; padding-bottom: 2pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 2.25pt;">40,125</td>
<td style="padding-bottom: 0pt; padding-left: 6.44pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
</tr>
<tr style="line-height: 5pt; height: 5pt;">
<td style="line-height: 0pt; font-size: 0pt; padding: 0pt;" colspan="30">​</td>
</tr>
</table>
</div>
<div style="widows: 1; text-transform: none; margin-top: 0pt; text-indent: 0px; font: 13px 'times new roman', times, serif; white-space: normal; letter-spacing: normal; color: #000000; margin-left: 10px; word-spacing: 0px; -webkit-text-stroke-width: 0px;"> </div>
<div style="widows: 1; text-transform: none; margin-top: 0pt; text-indent: 0px; font: 13px 'times new roman', times, serif; white-space: normal; letter-spacing: normal; color: #000000; margin-left: 10px; word-spacing: 0px; -webkit-text-stroke-width: 0px;">Amortization of intangible assets was $2.3 million for the Excess and Surplus Lines segment and $168,000 for the Specialty Admitted Insurance segment for the year ended December 31, 2013.</div>
</div>
<div style="text-align: left; widows: 1; text-transform: none; margin-top: 0pt; text-indent: 0px; width: 20pt; font: bold 13px/11pt 'times new roman', times, serif; white-space: nowrap; margin-bottom: 0pt; float: left; letter-spacing: normal; color: #000000; word-spacing: 0px; -webkit-text-stroke-width: 0px;">6.</div>
<div style="text-align: left; widows: 1; text-transform: none; margin-top: 0pt; text-indent: 0px; font: bold 13px/11pt 'times new roman', times, serif; white-space: normal; margin-bottom: 0pt; float: left; letter-spacing: normal; color: #000000; word-spacing: 0px; -webkit-text-stroke-width: 0px;">Reserve for Losses and Loss Adjustment Expenses</div>
<div style="widows: 1; text-transform: none; text-indent: 0px; margin: 0pt; font: 0pt/0pt 'times new roman', times, serif; white-space: normal; letter-spacing: normal; color: #000000; clear: both; word-spacing: 0px; -webkit-text-stroke-width: 0px; padding: 0pt;">​</div>
<div style="widows: 1; text-transform: none; margin-top: 6pt; text-indent: 20pt; font: 13px/12pt 'times new roman', times, serif; white-space: normal; letter-spacing: normal; color: #000000; word-spacing: 0px; -webkit-text-stroke-width: 0px;">The following table provides a reconciliation of the beginning and ending reserve balances for losses and loss adjustment expenses, net of reinsurance, to the gross amounts reported in the consolidated balance sheets:</div>
<table align="center" style="widows: 1; text-transform: none; margin-top: 8pt; text-indent: 0px; width: 100%; border-collapse: collapse; font: 13px 'times new roman', times, serif; white-space: normal; letter-spacing: normal; height: 277px; color: #000000; word-spacing: 0px; -webkit-text-stroke-width: 0px;" border="0">
<tr style="text-align: left; text-transform: none; font: bold 8pt/8pt 'times new roman', times, serif; white-space: nowrap; color: #000000; vertical-align: bottom;">
<td style="border-bottom: #ffffff 1px solid; padding-bottom: 0.5pt; padding-left: 0pt; width: 306.88pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="border-bottom: #ffffff 1px solid; width: 6pt; padding: 0pt;">​</td>
<td style="border-bottom: #ffffff 1px solid; width: 6pt; padding: 0pt;">​</td>
<td style="border-bottom: #000000 1px solid; text-align: center; padding-bottom: 2.5pt; padding-left: 0pt; width: 0pt; padding-right: 0pt; padding-top: 0pt;" colspan="16">
<div style="text-align: center; white-space: nowrap;">Year Ended December 31,</div>
</td>
<td style="border-bottom: #ffffff 1px solid; width: 0pt; padding: 0pt;">​</td>
</tr>
<tr style="text-align: center; text-transform: none; font: bold 8pt/8pt 'times new roman', times, serif; white-space: nowrap; color: #000000; vertical-align: bottom;">
<td style="border-bottom: #ffffff 1px solid; text-align: left; padding-bottom: 0.5pt; padding-left: 0pt; width: 306.88pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="border-bottom: #ffffff 1px solid; width: 6pt; padding: 0pt;">​</td>
<td style="border-bottom: #ffffff 1px solid; width: 6pt; padding: 0pt;">​</td>
<td style="border-bottom: #000000 1px solid; padding-bottom: 2.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.25pt;" colspan="4">
<div style="text-align: center; white-space: nowrap;">2015</div>
</td>
<td style="border-bottom: #ffffff 1px solid; width: 6pt; padding: 0pt;">​</td>
<td style="border-bottom: #ffffff 1px solid; width: 6pt; padding: 0pt;">​</td>
<td style="border-bottom: #000000 1px solid; padding-bottom: 2.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.25pt;" colspan="4">
<div style="text-align: center; white-space: nowrap;">2014</div>
</td>
<td style="border-bottom: #ffffff 1px solid; width: 6pt; padding: 0pt;">​</td>
<td style="border-bottom: #ffffff 1px solid; width: 6pt; padding: 0pt;">​</td>
<td style="border-bottom: #000000 1px solid; padding-bottom: 2.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.25pt;" colspan="4">
<div style="text-align: center; white-space: nowrap;">2013</div>
</td>
<td style="border-bottom: #ffffff 1px solid; width: 0pt; padding: 0pt;">​</td>
</tr>
<tr style="text-align: left; text-transform: none; font: bold italic 8pt/8pt 'times new roman', times, serif; white-space: nowrap; color: #000000; vertical-align: bottom;">
<td style="padding-bottom: 0.5pt; padding-left: 0pt; width: 306.88pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="text-align: center; padding-bottom: 0.5pt; padding-left: 0pt; width: 0pt; padding-right: 0pt; padding-top: 3.25pt;" colspan="16">
<div style="text-align: center; white-space: nowrap;">(in thousands)</div>
</td>
<td style="width: 0pt; padding: 0pt;">​</td>
</tr>
<tr style="text-align: right; text-transform: none; background-color: #cceeff; font: 10pt/12pt 'times new roman', times, serif; white-space: nowrap; color: #000000; vertical-align: bottom;">
<td style="text-align: left; padding-bottom: 0.833pt; padding-left: 0pt; width: 306.88pt; padding-right: 0pt; white-space: normal; padding-top: 2.167pt;">
<div style="text-indent: -10pt; margin-left: 10pt;">Reserve for losses and loss adjustment expenses net of reinsurance recoverables at beginning of period</div>
</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="min-width: 3.75pt; text-align: right; padding-bottom: 0.833pt; padding-left: 0pt; padding-right: 0pt; padding-top: 2.167pt;">$</td>
<td style="min-width: 24.75pt; text-align: right; padding-bottom: 0.833pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 2.167pt;">589,042</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="min-width: 3.75pt; text-align: right; padding-bottom: 0.833pt; padding-left: 0pt; padding-right: 0pt; padding-top: 2.167pt;">$</td>
<td style="min-width: 24.75pt; text-align: right; padding-bottom: 0.833pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 2.167pt;">526,985</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="min-width: 3.75pt; text-align: right; padding-bottom: 0.833pt; padding-left: 0pt; padding-right: 0pt; padding-top: 2.167pt;">$</td>
<td style="min-width: 24.75pt; text-align: right; padding-bottom: 0.833pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 2.167pt;">533,909</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
</tr>
<tr style="text-align: left; text-transform: none; font: 10pt/10pt 'times new roman', times, serif; white-space: nowrap; color: #000000; vertical-align: bottom;">
<td style="padding-bottom: 1.5pt; padding-left: 0pt; width: 306.88pt; padding-right: 0pt; padding-top: 3.5pt;">Add: Incurred losses and loss adjustment expenses net of reinsurance:</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td colspan="6">​</td>
<td colspan="6">​</td>
<td colspan="6">​</td>
</tr>
<tr style="text-align: right; text-transform: none; background-color: #cceeff; font: 10pt/10pt 'times new roman', times, serif; white-space: nowrap; color: #000000; vertical-align: bottom;">
<td style="text-align: left; padding-bottom: 1.5pt; padding-left: 0pt; width: 306.88pt; padding-right: 0pt; padding-top: 3.5pt;">
<div style="margin-left: 10pt;">Current year</div>
</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="min-width: 3.75pt; text-align: right; padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.5pt;">​</td>
<td style="min-width: 24.75pt; text-align: right; padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3.5pt;">295,334</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="min-width: 3.75pt; text-align: right; padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.5pt;">​</td>
<td style="min-width: 24.75pt; text-align: right; padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3.5pt;">264,786</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="min-width: 3.75pt; text-align: right; padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.5pt;">​</td>
<td style="min-width: 24.75pt; text-align: right; padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3.5pt;">221,938</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
</tr>
<tr style="text-align: right; text-transform: none; font: 10pt/10pt 'times new roman', times, serif; white-space: nowrap; color: #000000; vertical-align: bottom;">
<td style="border-bottom: #ffffff 1px solid; text-align: left; padding-bottom: 2.5pt; padding-left: 0pt; width: 306.88pt; padding-right: 0pt; padding-top: 3.5pt;">
<div style="margin-left: 10pt;">Prior years</div>
</td>
<td style="border-bottom: #ffffff 1px solid; width: 6pt; padding: 0pt;">​</td>
<td style="border-bottom: #ffffff 1px solid; width: 6pt; padding: 0pt;">​</td>
<td style="border-bottom: #ffffff 1px solid; width: 0pt; padding: 0pt;">​</td>
<td style="border-bottom: #000000 1px solid; min-width: 3.75pt; text-align: right; padding-bottom: 2.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.5pt;">​</td>
<td style="border-bottom: #000000 1px solid; min-width: 24.75pt; text-align: right; padding-bottom: 2.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3.5pt;">(16,318<font style="position: absolute;">)</font></td>
<td style="border-bottom: #ffffff 1px solid; width: 0pt; padding: 0pt;">​</td>
<td style="border-bottom: #ffffff 1px solid; width: 6pt; padding: 0pt;">​</td>
<td style="border-bottom: #ffffff 1px solid; width: 6pt; padding: 0pt;">​</td>
<td style="border-bottom: #ffffff 1px solid; width: 0pt; padding: 0pt;">​</td>
<td style="border-bottom: #000000 1px solid; min-width: 3.75pt; text-align: right; padding-bottom: 2.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.5pt;">​</td>
<td style="border-bottom: #000000 1px solid; min-width: 24.75pt; text-align: right; padding-bottom: 2.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3.5pt;">(27,418<font style="position: absolute;">)</font></td>
<td style="border-bottom: #ffffff 1px solid; width: 0pt; padding: 0pt;">​</td>
<td style="border-bottom: #ffffff 1px solid; width: 6pt; padding: 0pt;">​</td>
<td style="border-bottom: #ffffff 1px solid; width: 6pt; padding: 0pt;">​</td>
<td style="border-bottom: #ffffff 1px solid; width: 0pt; padding: 0pt;">​</td>
<td style="border-bottom: #000000 1px solid; min-width: 3.75pt; text-align: right; padding-bottom: 2.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.5pt;">​</td>
<td style="border-bottom: #000000 1px solid; min-width: 24.75pt; text-align: right; padding-bottom: 2.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3.5pt;">(37,452<font style="position: absolute;">)</font></td>
<td style="border-bottom: #ffffff 1px solid; width: 0pt; padding: 0pt;">​</td>
<td style="border-bottom: #ffffff 1px solid; width: 0pt; padding: 0pt;">​</td>
</tr>
<tr style="text-align: right; text-transform: none; background-color: #cceeff; font: 10pt/10pt 'times new roman', times, serif; white-space: nowrap; color: #000000; vertical-align: bottom;">
<td style="text-align: left; padding-bottom: 1.5pt; padding-left: 0pt; width: 306.88pt; padding-right: 0pt; padding-top: 3.25pt;">
<div style="white-space: nowrap;">Total incurred losses and loss and adjustment expenses</div>
</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="min-width: 3.75pt; text-align: right; padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.25pt;">​</td>
<td style="min-width: 24.75pt; text-align: right; padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3.25pt;">279,016</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="min-width: 3.75pt; text-align: right; padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.25pt;">​</td>
<td style="min-width: 24.75pt; text-align: right; padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3.25pt;">237,368</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="min-width: 3.75pt; text-align: right; padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.25pt;">​</td>
<td style="min-width: 24.75pt; text-align: right; padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3.25pt;">184,486</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
</tr>
<tr style="text-align: left; text-transform: none; font: 10pt/10pt 'times new roman', times, serif; white-space: nowrap; color: #000000; vertical-align: bottom;">
<td style="padding-bottom: 1.5pt; padding-left: 0pt; width: 306.88pt; padding-right: 0pt; padding-top: 3.5pt;">
<div style="white-space: nowrap;">Deduct: Loss and loss adjustment expense payments net of reinsurance:</div>
</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td colspan="6">​</td>
<td colspan="6">​</td>
<td colspan="6">​</td>
</tr>
<tr style="text-align: right; text-transform: none; background-color: #cceeff; font: 10pt/10pt 'times new roman', times, serif; white-space: nowrap; color: #000000; vertical-align: bottom;">
<td style="text-align: left; padding-bottom: 1.5pt; padding-left: 0pt; width: 306.88pt; padding-right: 0pt; padding-top: 3.5pt;">
<div style="margin-left: 10pt;">Current year</div>
</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="min-width: 3.75pt; text-align: right; padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.5pt;">​</td>
<td style="min-width: 24.75pt; text-align: right; padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3.5pt;">31,957</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="min-width: 3.75pt; text-align: right; padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.5pt;">​</td>
<td style="min-width: 24.75pt; text-align: right; padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3.5pt;">25,942</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="min-width: 3.75pt; text-align: right; padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.5pt;">​</td>
<td style="min-width: 24.75pt; text-align: right; padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3.5pt;">19,485</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
</tr>
<tr style="text-align: right; text-transform: none; font: 10pt/10pt 'times new roman', times, serif; white-space: nowrap; color: #000000; vertical-align: bottom;">
<td style="border-bottom: #ffffff 1px solid; text-align: left; padding-bottom: 2.5pt; padding-left: 0pt; width: 306.88pt; padding-right: 0pt; padding-top: 3.5pt;">
<div style="margin-left: 10pt;">Prior years</div>
</td>
<td style="border-bottom: #ffffff 1px solid; width: 6pt; padding: 0pt;">​</td>
<td style="border-bottom: #ffffff 1px solid; width: 6pt; padding: 0pt;">​</td>
<td style="border-bottom: #ffffff 1px solid; width: 0pt; padding: 0pt;">​</td>
<td style="border-bottom: #000000 1px solid; min-width: 3.75pt; text-align: right; padding-bottom: 2.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.5pt;">​</td>
<td style="border-bottom: #000000 1px solid; min-width: 24.75pt; text-align: right; padding-bottom: 2.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3.5pt;">182,567</td>
<td style="border-bottom: #ffffff 1px solid; width: 0pt; padding: 0pt;">​</td>
<td style="border-bottom: #ffffff 1px solid; width: 6pt; padding: 0pt;">​</td>
<td style="border-bottom: #ffffff 1px solid; width: 6pt; padding: 0pt;">​</td>
<td style="border-bottom: #ffffff 1px solid; width: 0pt; padding: 0pt;">​</td>
<td style="border-bottom: #000000 1px solid; min-width: 3.75pt; text-align: right; padding-bottom: 2.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.5pt;">​</td>
<td style="border-bottom: #000000 1px solid; min-width: 24.75pt; text-align: right; padding-bottom: 2.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3.5pt;">149,369</td>
<td style="border-bottom: #ffffff 1px solid; width: 0pt; padding: 0pt;">​</td>
<td style="border-bottom: #ffffff 1px solid; width: 6pt; padding: 0pt;">​</td>
<td style="border-bottom: #ffffff 1px solid; width: 6pt; padding: 0pt;">​</td>
<td style="border-bottom: #ffffff 1px solid; width: 0pt; padding: 0pt;">​</td>
<td style="border-bottom: #000000 1px solid; min-width: 3.75pt; text-align: right; padding-bottom: 2.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.5pt;">​</td>
<td style="border-bottom: #000000 1px solid; min-width: 24.75pt; text-align: right; padding-bottom: 2.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3.5pt;">171,925</td>
<td style="border-bottom: #ffffff 1px solid; width: 0pt; padding: 0pt;">​</td>
<td style="border-bottom: #ffffff 1px solid; width: 0pt; padding: 0pt;">​</td>
</tr>
<tr style="text-align: right; text-transform: none; background-color: #cceeff; font: 10pt/10pt 'times new roman', times, serif; white-space: nowrap; color: #000000; vertical-align: bottom;">
<td style="border-bottom: #cceeff 1px solid; text-align: left; padding-bottom: 2.5pt; padding-left: 0pt; width: 306.88pt; padding-right: 0pt; padding-top: 3.25pt;">
<div style="white-space: nowrap;">Total loss and loss adjustment expense payments</div>
</td>
<td style="border-bottom: #cceeff 1px solid; width: 6pt; padding: 0pt;">​</td>
<td style="border-bottom: #cceeff 1px solid; width: 6pt; padding: 0pt;">​</td>
<td style="border-bottom: #cceeff 1px solid; width: 0pt; padding: 0pt;">​</td>
<td style="border-bottom: #000000 1px solid; min-width: 3.75pt; text-align: right; padding-bottom: 2.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.25pt;">​</td>
<td style="border-bottom: #000000 1px solid; min-width: 24.75pt; text-align: right; padding-bottom: 2.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3.25pt;">214,524</td>
<td style="border-bottom: #cceeff 1px solid; width: 0pt; padding: 0pt;">​</td>
<td style="border-bottom: #cceeff 1px solid; width: 6pt; padding: 0pt;">​</td>
<td style="border-bottom: #cceeff 1px solid; width: 6pt; padding: 0pt;">​</td>
<td style="border-bottom: #cceeff 1px solid; width: 0pt; padding: 0pt;">​</td>
<td style="border-bottom: #000000 1px solid; min-width: 3.75pt; text-align: right; padding-bottom: 2.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.25pt;">​</td>
<td style="border-bottom: #000000 1px solid; min-width: 24.75pt; text-align: right; padding-bottom: 2.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3.25pt;">175,311</td>
<td style="border-bottom: #cceeff 1px solid; width: 0pt; padding: 0pt;">​</td>
<td style="border-bottom: #cceeff 1px solid; width: 6pt; padding: 0pt;">​</td>
<td style="border-bottom: #cceeff 1px solid; width: 6pt; padding: 0pt;">​</td>
<td style="border-bottom: #cceeff 1px solid; width: 0pt; padding: 0pt;">​</td>
<td style="border-bottom: #000000 1px solid; min-width: 3.75pt; text-align: right; padding-bottom: 2.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.25pt;">​</td>
<td style="border-bottom: #000000 1px solid; min-width: 24.75pt; text-align: right; padding-bottom: 2.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3.25pt;">191,410</td>
<td style="border-bottom: #cceeff 1px solid; width: 0pt; padding: 0pt;">​</td>
<td style="border-bottom: #cceeff 1px solid; width: 0pt; padding: 0pt;">​</td>
</tr>
<tr style="text-align: right; text-transform: none; font: 10pt/12pt 'times new roman', times, serif; white-space: nowrap; color: #000000; vertical-align: bottom;">
<td style="text-align: left; padding-bottom: 0.833pt; padding-left: 0pt; width: 306.88pt; padding-right: 0pt; white-space: normal; padding-top: 1.917pt;">
<div style="text-indent: -10pt; margin-left: 10pt;">Reserve for losses and loss adjustment expenses net of reinsurance recoverables at end of period</div>
</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="min-width: 3.75pt; text-align: right; padding-bottom: 0.833pt; padding-left: 0pt; padding-right: 0pt; padding-top: 1.917pt;">​</td>
<td style="min-width: 24.75pt; text-align: right; padding-bottom: 0.833pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 1.917pt;">653,534</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="min-width: 3.75pt; text-align: right; padding-bottom: 0.833pt; padding-left: 0pt; padding-right: 0pt; padding-top: 1.917pt;">​</td>
<td style="min-width: 24.75pt; text-align: right; padding-bottom: 0.833pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 1.917pt;">589,042</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="min-width: 3.75pt; text-align: right; padding-bottom: 0.833pt; padding-left: 0pt; padding-right: 0pt; padding-top: 1.917pt;">​</td>
<td style="min-width: 24.75pt; text-align: right; padding-bottom: 0.833pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 1.917pt;">526,985</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
</tr>
<tr style="text-align: right; text-transform: none; background-color: #cceeff; font: 10pt/12pt 'times new roman', times, serif; white-space: nowrap; color: #000000; vertical-align: bottom;">
<td style="border-bottom: #cceeff 1px solid; text-align: left; padding-bottom: 1.833pt; padding-left: 0pt; width: 306.88pt; padding-right: 0pt; white-space: normal; padding-top: 2.167pt;">
<div style="text-indent: -10pt; margin-left: 10pt;">Add: Reinsurance recoverables on unpaid losses and loss adjustment expenses at end of period</div>
</td>
<td style="border-bottom: #cceeff 1px solid; width: 6pt; padding: 0pt;">​</td>
<td style="border-bottom: #cceeff 1px solid; width: 6pt; padding: 0pt;">​</td>
<td style="border-bottom: #cceeff 1px solid; width: 0pt; padding: 0pt;">​</td>
<td style="border-bottom: #000000 1px solid; min-width: 3.75pt; text-align: right; padding-bottom: 1.833pt; padding-left: 0pt; padding-right: 0pt; padding-top: 2.167pt;">​</td>
<td style="border-bottom: #000000 1px solid; min-width: 24.75pt; text-align: right; padding-bottom: 1.833pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 2.167pt;">131,788</td>
<td style="border-bottom: #cceeff 1px solid; width: 0pt; padding: 0pt;">​</td>
<td style="border-bottom: #cceeff 1px solid; width: 6pt; padding: 0pt;">​</td>
<td style="border-bottom: #cceeff 1px solid; width: 6pt; padding: 0pt;">​</td>
<td style="border-bottom: #cceeff 1px solid; width: 0pt; padding: 0pt;">​</td>
<td style="border-bottom: #000000 1px solid; min-width: 3.75pt; text-align: right; padding-bottom: 1.833pt; padding-left: 0pt; padding-right: 0pt; padding-top: 2.167pt;">​</td>
<td style="border-bottom: #000000 1px solid; min-width: 24.75pt; text-align: right; padding-bottom: 1.833pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 2.167pt;">127,254</td>
<td style="border-bottom: #cceeff 1px solid; width: 0pt; padding: 0pt;">​</td>
<td style="border-bottom: #cceeff 1px solid; width: 6pt; padding: 0pt;">​</td>
<td style="border-bottom: #cceeff 1px solid; width: 6pt; padding: 0pt;">​</td>
<td style="border-bottom: #cceeff 1px solid; width: 0pt; padding: 0pt;">​</td>
<td style="border-bottom: #000000 1px solid; min-width: 3.75pt; text-align: right; padding-bottom: 1.833pt; padding-left: 0pt; padding-right: 0pt; padding-top: 2.167pt;">​</td>
<td style="border-bottom: #000000 1px solid; min-width: 24.75pt; text-align: right; padding-bottom: 1.833pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 2.167pt;">119,467</td>
<td style="border-bottom: #cceeff 1px solid; width: 0pt; padding: 0pt;">​</td>
<td style="border-bottom: #cceeff 1px solid; width: 0pt; padding: 0pt;">​</td>
</tr>
<tr style="text-align: right; text-transform: none; font: 10pt/12pt 'times new roman', times, serif; white-space: nowrap; color: #000000; vertical-align: bottom;">
<td style="text-align: left; padding-bottom: 2.75pt; padding-left: 0pt; width: 306.88pt; padding-right: 0pt; white-space: normal; padding-top: 1.917pt;">
<div style="text-indent: -10pt; margin-left: 10pt;">Reserve for losses and loss adjustment expenses gross of reinsurance recoverables on unpaid losses and loss adjustment expenses at end of period</div>
</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="border-bottom: #000000 3px double; min-width: 3.75pt; text-align: right; padding-bottom: 2pt; padding-left: 0pt; padding-right: 0pt; padding-top: 1.917pt;">$</td>
<td style="border-bottom: #000000 3px double; min-width: 24.75pt; text-align: right; padding-bottom: 2pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 1.917pt;">785,322</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="border-bottom: #000000 3px double; min-width: 3.75pt; text-align: right; padding-bottom: 2pt; padding-left: 0pt; padding-right: 0pt; padding-top: 1.917pt;">$</td>
<td style="border-bottom: #000000 3px double; min-width: 24.75pt; text-align: right; padding-bottom: 2pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 1.917pt;">716,296</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="border-bottom: #000000 3px double; min-width: 3.75pt; text-align: right; padding-bottom: 2pt; padding-left: 0pt; padding-right: 0pt; padding-top: 1.917pt;">$</td>
<td style="border-bottom: #000000 3px double; min-width: 24.75pt; text-align: right; padding-bottom: 2pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 1.917pt;">646,452</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
</tr>
<tr style="line-height: 4pt; height: 4pt;">
<td style="line-height: 0pt; font-size: 0pt; padding: 0pt;" colspan="23">​</td>
</tr>
</table>
<div style="widows: 1; text-transform: none; margin-top: 11pt; text-indent: 20pt; font: 13px/12pt 'times new roman', times, serif; white-space: normal; letter-spacing: normal; color: #000000; word-spacing: 0px; -webkit-text-stroke-width: 0px;">The foregoing reconciliation shows that a $16.3 million redundancy developed in 2014 on the reserve for losses and loss adjustment expenses held at December 31, 2014. This favorable reserve development included $25.4 million of favorable development in the Excess and Surplus Lines segment. The Excess and Surplus Lines segment favorable development included $17.3 million of favorable development from the 2014 accident year, $10.5 million of favorable development from the 2013 accident year, and $2.4 million of adverse development from the 2006 accident year. This favorable development occurred because our actuarial studies at December 31, 2015 for the Excess and Surplus Lines segment indicated that our loss experience for our shorter-tailed general casualty division book for the 2014 accident year is below our initial expected ultimate loss ratios. The actuarial studies at December 31, 2015 also showed that the experience on our other casualty business continues to be below our initial expected ultimate loss ratios. Favorable reserve development written in the Specialty Admitted Insurance segment was $3.5 million and primarily came from accident years 2011 through 2013, as losses on our workers’ compensation business written prior to 2014 continued to develop more favorably than we had anticipated. In addition, $12.6 million of adverse development occurred in the Casualty Reinsurance segment, with a majority of this adverse development coming from three reinsurers principally in the 2011, 2012, and 2013 underwriting years that experienced higher loss development in 2015 than expected.</div>
<div style="widows: 1; text-transform: none; margin-top: 6pt; text-indent: 20pt; font: 13px/12pt 'times new roman', times, serif; white-space: normal; letter-spacing: normal; color: #000000; word-spacing: 0px; -webkit-text-stroke-width: 0px;">The foregoing reconciliation shows that a $27.4 million redundancy developed in 2015 on the reserve for losses and loss adjustment expenses held at December 31, 2013. This favorable reserve development included $27.3 million of favorable development in the Excess and Surplus Lines segment. The Excess and Surplus Lines segment favorable development included $7.9 million of favorable development from the 2011 accident year, $5.0 million of favorable development from the 2009 accident year, and $4.2 million of favorable development from the 2007 accident year. This favorable development occurred because our actuarial studies at December 31, 2014 for the Excess and Surplus Lines segment indicated that our loss experience on our maturing casualty business continues to be below our initial expected ultimate loss ratios. Favorable reserve development written in the Specialty Admitted Insurance segment was $5.9 million and primarily came from accident years 2007 through 2012, as losses on our workers’ compensation business written prior to 2013 continued to develop more favorably than we had anticipated. In addition, $5.7 million of adverse development occurred in the Casualty Reinsurance segment, with a majority of this adverse development coming from one reinsurance relationship from the 2011 underwriting year that experienced higher loss development in 2014 than expected.
<div style="widows: 1; text-transform: none; margin-top: 6pt; text-indent: 20pt; font: 13px/12pt 'times new roman', times, serif; white-space: normal; letter-spacing: normal; color: #000000; word-spacing: 0px; -webkit-text-stroke-width: 0px;">The foregoing reconciliation shows that a $37.5 million redundancy developed in 2013 on the reserve for losses and loss adjustment expenses held at December 31, 2012. This favorable reserve development included $40.7 million of favorable development in the Excess and Surplus Lines segment, including $11.7 million of favorable development on casualty lines from the 2009 accident year, $7.5 million of favorable development from the 2007 accident year, and $5.7 million of favorable development from the 2008 accident year. This favorable development occurred because our actuarial studies at December 31, 2013 for the Excess and Surplus Lines segment indicated that our loss experience on our maturing casualty business continues to be below our initial expected ultimate loss ratios. Favorable reserve development on direct business written in the Specialty Admitted Insurance segment was $1.4 million, including favorable development of  $1.3 million from the 2012 accident year. In addition, $4.7 million of adverse development occurred in the Casualty Reinsurance segment, with $1.0 million of adverse development on assumed crop business from the 2012 and 2011 accident years and $3.7 million of adverse development on other assumed business, primarily from the 2011 accident year.</div>
<div style="widows: 1; text-transform: none; margin-top: 6pt; text-indent: 20pt; font: 13px/12pt 'times new roman', times, serif; white-space: normal; letter-spacing: normal; color: #000000; word-spacing: 0px; -webkit-text-stroke-width: 0px;">The Company has not provided insurance coverage that could reasonably be expected to produce material levels of asbestos claims activity. In addition, management does not believe that the Company is exposed to any environmental liability claims other than those which it has specifically underwritten and priced as an environmental exposure. Any asbestos or environmental exposure on policies issued by Fidelity Excess and Surplus Insurance Company, the predecessor to James River Insurance, prior to July 1, 2003 is subject to both a reinsurance and a trust agreement (see Note 7).</div>
</div>
<div style="text-align: left; widows: 1; text-transform: none; margin-top: 0pt; text-indent: 0px; width: 20pt; font: bold 13px/11pt 'times new roman', times, serif; white-space: nowrap; margin-bottom: 0pt; float: left; letter-spacing: normal; color: #000000; word-spacing: 0px; -webkit-text-stroke-width: 0px;">17.</div>
<div style="text-align: left; widows: 1; text-transform: none; margin-top: 0pt; text-indent: 0px; font: bold 13px/11pt 'times new roman', times, serif; white-space: normal; margin-bottom: 0pt; float: left; letter-spacing: normal; color: #000000; word-spacing: 0px; -webkit-text-stroke-width: 0px;">Other Comprehensive Income (Loss)</div>
<div style="widows: 1; text-transform: none; text-indent: 0px; margin: 0pt; font: 0pt/0pt 'times new roman', times, serif; white-space: normal; letter-spacing: normal; color: #000000; clear: both; word-spacing: 0px; -webkit-text-stroke-width: 0px; padding: 0pt;">​</div>
<div style="widows: 1; text-transform: none; margin-top: 6pt; text-indent: 0px; width: 436pt; font: 13px/12pt 'times new roman', times, serif; white-space: normal; letter-spacing: normal; color: #000000; margin-left: 20pt; word-spacing: 0px; -webkit-text-stroke-width: 0px;">The following table summarizes the components of other comprehensive (loss) income:</div>
<table align="center" style="widows: 1; text-transform: none; margin-top: 8pt; text-indent: 0px; width: 100%; border-collapse: collapse; font: 13px 'times new roman', times, serif; white-space: normal; letter-spacing: normal; height: 192px; color: #000000; word-spacing: 0px; -webkit-text-stroke-width: 0px;" border="0">
<tr style="text-align: left; text-transform: none; font: bold 8pt/8pt 'times new roman', times, serif; white-space: nowrap; color: #000000; vertical-align: bottom;">
<td style="border-bottom: #ffffff 1px solid; padding-bottom: 0.5pt; padding-left: 0pt; width: 315.22pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="border-bottom: #ffffff 1px solid; width: 6pt; padding: 0pt;">​</td>
<td style="border-bottom: #ffffff 1px solid; width: 6pt; padding: 0pt;">​</td>
<td style="border-bottom: #000000 1px solid; text-align: center; padding-bottom: 2.5pt; padding-left: 0pt; width: 0pt; padding-right: 0pt; padding-top: 0pt;" colspan="16">
<div style="text-align: center; white-space: nowrap;">Year Ended December 31,</div>
</td>
<td style="border-bottom: #ffffff 1px solid; width: 0pt; padding: 0pt;">​</td>
</tr>
<tr style="text-align: center; text-transform: none; font: bold 8pt/8pt 'times new roman', times, serif; white-space: nowrap; color: #000000; vertical-align: bottom;">
<td style="border-bottom: #ffffff 1px solid; text-align: left; padding-bottom: 0.5pt; padding-left: 0pt; width: 315.22pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="border-bottom: #ffffff 1px solid; width: 6pt; padding: 0pt;">​</td>
<td style="border-bottom: #ffffff 1px solid; width: 6pt; padding: 0pt;">​</td>
<td style="border-bottom: #000000 1px solid; padding-bottom: 2.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.25pt;" colspan="4">
<div style="text-align: center; white-space: nowrap;">2015</div>
</td>
<td style="border-bottom: #ffffff 1px solid; width: 6pt; padding: 0pt;">​</td>
<td style="border-bottom: #ffffff 1px solid; width: 6pt; padding: 0pt;">​</td>
<td style="border-bottom: #000000 1px solid; padding-bottom: 2.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.25pt;" colspan="4">
<div style="text-align: center; white-space: nowrap;">2014</div>
</td>
<td style="border-bottom: #ffffff 1px solid; width: 6pt; padding: 0pt;">​</td>
<td style="border-bottom: #ffffff 1px solid; width: 6pt; padding: 0pt;">​</td>
<td style="border-bottom: #000000 1px solid; padding-bottom: 2.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.25pt;" colspan="4">
<div style="text-align: center; white-space: nowrap;">2013</div>
</td>
<td style="border-bottom: #ffffff 1px solid; width: 0pt; padding: 0pt;">​</td>
</tr>
<tr style="text-align: left; text-transform: none; font: bold italic 8pt/8pt 'times new roman', times, serif; white-space: nowrap; color: #000000; vertical-align: bottom;">
<td style="padding-bottom: 0.5pt; padding-left: 0pt; width: 315.22pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="text-align: center; padding-bottom: 0.5pt; padding-left: 0pt; width: 0pt; padding-right: 0pt; padding-top: 3.25pt;" colspan="16">
<div style="text-align: center; white-space: nowrap;">(in thousands)</div>
</td>
<td style="width: 0pt; padding: 0pt;">​</td>
</tr>
<tr style="text-align: right; text-transform: none; background-color: #cceeff; font: 10pt/12pt 'times new roman', times, serif; white-space: nowrap; color: #000000; vertical-align: bottom;">
<td style="text-align: left; padding-bottom: 0.833pt; padding-left: 0pt; width: 315.22pt; padding-right: 0pt; white-space: normal; padding-top: 2.167pt;">
<div style="text-indent: -10pt; margin-left: 10pt;">Unrealized (losses) gains arising during the period, before U.S. income taxes</div>
</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="min-width: 3.75pt; text-align: right; padding-bottom: 0.833pt; padding-left: 0pt; padding-right: 0pt; padding-top: 2.167pt;">$</td>
<td style="min-width: 23.25pt; text-align: right; padding-bottom: 0.833pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 2.167pt;">(13,707<font style="position: absolute;">)</font></td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="min-width: 3.75pt; text-align: right; padding-bottom: 0.833pt; padding-left: 0pt; padding-right: 0pt; padding-top: 2.167pt;">$</td>
<td style="min-width: 21pt; text-align: right; padding-bottom: 0.833pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 2.167pt;">12,910</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="min-width: 3.75pt; text-align: right; padding-bottom: 0.833pt; padding-left: 0pt; padding-right: 0pt; padding-top: 2.167pt;">$</td>
<td style="min-width: 23.25pt; text-align: right; padding-bottom: 0.833pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 2.167pt;">(37,225<font style="position: absolute;">)</font></td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
</tr>
<tr style="text-align: right; text-transform: none; font: 10pt/10pt 'times new roman',
times, serif; white-space: nowrap; color: #000000; vertical-align: bottom;">
<td style="border-bottom: #ffffff 1px solid; text-align: left; padding-bottom: 2.5pt; padding-left: 0pt; width: 315.22pt; padding-right: 0pt; padding-top: 3.5pt;">
<div style="white-space: nowrap;">U.S. income taxes</div>
</td>
<td style="border-bottom: #ffffff 1px solid; width: 6pt; padding: 0pt;">​</td>
<td style="border-bottom: #ffffff 1px solid; width: 6pt; padding: 0pt;">​</td>
<td style="border-bottom: #ffffff 1px solid; width: 0pt; padding: 0pt;">​</td>
<td style="border-bottom: #000000 1px solid; min-width: 3.75pt; text-align: right; padding-bottom: 2.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.5pt;">​</td>
<td style="border-bottom: #000000 1px solid; min-width: 23.25pt; text-align: right; padding-bottom: 2.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3.5pt;">517</td>
<td style="border-bottom: #ffffff 1px solid; width: 0pt; padding: 0pt;">​</td>
<td style="border-bottom: #ffffff 1px solid; width: 6pt; padding: 0pt;">​</td>
<td style="border-bottom: #ffffff 1px solid; width: 6pt; padding: 0pt;">​</td>
<td style="border-bottom: #ffffff 1px solid; width: 0pt; padding: 0pt;">​</td>
<td style="border-bottom: #000000 1px solid; min-width: 3.75pt; text-align: right; padding-bottom: 2.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.5pt;">​</td>
<td style="border-bottom: #000000 1px solid; min-width: 21pt; text-align: right; padding-bottom: 2.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3.5pt;">(2,820<font style="position: absolute;">)</font></td>
<td style="border-bottom: #ffffff 1px solid; width: 0pt; padding: 0pt;">​</td>
<td style="border-bottom: #ffffff 1px solid; width: 6pt; padding: 0pt;">​</td>
<td style="border-bottom: #ffffff 1px solid; width: 6pt; padding: 0pt;">​</td>
<td style="border-bottom: #ffffff 1px solid; width: 0pt; padding: 0pt;">​</td>
<td style="border-bottom: #000000 1px solid; min-width: 3.75pt; text-align: right; padding-bottom: 2.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.5pt;">​</td>
<td style="border-bottom: #000000 1px solid; min-width: 23.25pt; text-align: right; padding-bottom: 2.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3.5pt;">5,854</td>
<td style="border-bottom: #ffffff 1px solid; width: 0pt; padding: 0pt;">​</td>
<td style="border-bottom: #ffffff 1px solid; width: 0pt; padding: 0pt;">​</td>
</tr>
<tr style="text-align: right; text-transform: none; background-color: #cceeff; font: 10pt/12pt 'times new roman', times, serif; white-space: nowrap; color: #000000; vertical-align: bottom;">
<td style="text-align: left; padding-bottom: 0.833pt; padding-left: 0pt; width: 315.22pt; padding-right: 0pt; white-space: normal; padding-top: 1.917pt;">
<div style="text-indent: -10pt; margin-left: 10pt;">Unrealized (losses) gains arising during the period, net of U.S. income taxes</div>
</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="min-width: 3.75pt; text-align: right; padding-bottom: 0.833pt; padding-left: 0pt; padding-right: 0pt; padding-top: 1.917pt;">​</td>
<td style="min-width: 23.25pt; text-align: right; padding-bottom: 0.833pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 1.917pt;">(13,190<font style="position: absolute;">)</font></td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="min-width: 3.75pt; text-align: right; padding-bottom: 0.833pt; padding-left: 0pt; padding-right: 0pt; padding-top: 1.917pt;">​</td>
<td style="min-width: 21pt; text-align: right; padding-bottom: 0.833pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 1.917pt;">10,090</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="min-width: 3.75pt; text-align: right; padding-bottom: 0.833pt; padding-left: 0pt; padding-right: 0pt; padding-top: 1.917pt;">​</td>
<td style="min-width: 23.25pt; text-align: right; padding-bottom: 0.833pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 1.917pt;">(31,371<font style="position: absolute;">)</font></td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
</tr>
<tr style="text-align: left; text-transform: none; font: 10pt/10pt 'times new roman', times, serif; white-space: nowrap; color: #000000; vertical-align: bottom;">
<td style="padding-bottom: 1.5pt; padding-left: 0pt; width: 315.22pt; padding-right: 0pt; padding-top: 3.5pt;">Less reclassification adjustment:</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td colspan="6">​</td>
<td colspan="6">​</td>
<td colspan="6">​</td>
</tr>
<tr style="text-align: right; text-transform: none; background-color: #cceeff; font: 10pt/10pt 'times new roman', times, serif; white-space: nowrap; color: #000000; vertical-align: bottom;">
<td style="text-align: left; padding-bottom: 1.5pt; padding-left: 0pt; width: 315.22pt; padding-right: 0pt; padding-top: 3.5pt;">
<div style="margin-left: 10pt;">Net realized investment gains (losses)</div>
</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="min-width: 3.75pt; text-align: right; padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.5pt;">​</td>
<td style="min-width: 23.25pt; text-align: right; padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3.5pt;">2,402</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="min-width: 3.75pt; text-align: right; padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.5pt;">​</td>
<td style="min-width: 21pt; text-align: right; padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3.5pt;">(1,734<font style="position: absolute;">)</font></td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="min-width: 3.75pt; text-align: right; padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; padding-top:
3.5pt;">​</td>
<td style="min-width: 23.25pt; text-align: right; padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3.5pt;">10,733</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
</tr>
<tr style="text-align: right; text-transform: none; font: 10pt/10pt 'times new roman', times, serif; white-space: nowrap; color: #000000; vertical-align: bottom;">
<td style="border-bottom: #ffffff 1px solid; text-align: left; padding-bottom: 2.5pt; padding-left: 0pt; width: 315.22pt; padding-right: 0pt; padding-top: 3.5pt;">
<div style="margin-left: 10pt;">U.S. income taxes</div>
</td>
<td style="border-bottom: #ffffff 1px solid; width: 6pt; padding: 0pt;">​</td>
<td style="border-bottom: #ffffff 1px solid; width: 6pt; padding: 0pt;">​</td>
<td style="border-bottom: #ffffff 1px solid; width: 0pt; padding: 0pt;">​</td>
<td style="border-bottom: #000000 1px solid; min-width: 3.75pt; text-align: right; padding-bottom: 2.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.5pt;">​</td>
<td style="border-bottom: #000000 1px solid; min-width: 23.25pt; text-align: right; padding-bottom: 2.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3.5pt;">(422<font style="position: absolute;">)</font></td>
<td style="border-bottom: #ffffff 1px solid; width: 0pt; padding: 0pt;">​</td>
<td style="border-bottom: #ffffff 1px solid; width: 6pt; padding: 0pt;">​</td>
<td style="border-bottom: #ffffff 1px solid; width: 6pt; padding: 0pt;">​</td>
<td style="border-bottom: #ffffff 1px solid; width: 0pt; padding: 0pt;">​</td>
<td style="border-bottom: #000000 1px solid; min-width: 3.75pt; text-align: right; padding-bottom: 2.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.5pt;">​</td>
<td style="border-bottom: #000000 1px solid; min-width: 21pt; text-align: right; padding-bottom: 2.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3.5pt;">669</td>
<td style="border-bottom: #ffffff 1px solid; width: 0pt; padding: 0pt;">​</td>
<td style="border-bottom: #ffffff 1px solid; width: 6pt; padding: 0pt;">​</td>
<td style="border-bottom: #ffffff 1px solid; width: 6pt; padding: 0pt;">​</td>
<td style="border-bottom: #ffffff 1px solid; width: 0pt; padding: 0pt;">​</td>
<td style="border-bottom: #000000 1px solid; min-width: 3.75pt; text-align: right; padding-bottom: 2.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.5pt;">​</td>
<td style="border-bottom: #000000 1px solid; min-width: 23.25pt; text-align: right; padding-bottom: 2.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3.5pt;">(2,859<font style="position: absolute;">)</font></td>
<td style="border-bottom: #ffffff 1px solid; width: 0pt; padding: 0pt;">​</td>
<td style="border-bottom: #ffffff 1px solid; width: 0pt; padding: 0pt;">​</td>
</tr>
<tr style="text-align: right; text-transform: none; background-color: #cceeff; font: 10pt/12pt 'times new roman', times, serif; white-space: nowrap; color: #000000; vertical-align: bottom;">
<td style="border-bottom: #cceeff 1px solid; text-align: left; padding-bottom: 1.833pt; padding-left: 0pt; width: 315.22pt; padding-right: 0pt; white-space: normal; padding-top: 1.917pt;">
<div style="line-height: 12pt; text-indent: -10pt; margin-bottom: -0.5pt; margin-left: 10pt;">Reclassification adjustment for investment gains (losses) realized in net income</div>
</td>
<td style="border-bottom: #cceeff 1px solid; width: 6pt; padding: 0pt;">​</td>
<td style="border-bottom: #cceeff 1px solid; width: 6pt; padding: 0pt;">​</td>
<td style="border-bottom: #cceeff 1px solid; width: 0pt; padding: 0pt;">​</td>
<td style="border-bottom: #000000 1px solid; min-width: 3.75pt; text-align: right; padding-bottom: 1.833pt; padding-left: 0pt; padding-right: 0pt; padding-top: 1.917pt;">​</td>
<td style="border-bottom: #000000 1px solid; min-width: 23.25pt; text-align: right; padding-bottom: 1.833pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 1.917pt;">1,980</td>
<td style="border-bottom: #cceeff 1px solid; width: 0pt; padding: 0pt;">​</td>
<td style="border-bottom: #cceeff 1px solid; width: 6pt; padding: 0pt;">​</td>
<td style="border-bottom: #cceeff 1px solid; width: 6pt; padding: 0pt;">​</td>
<td style="border-bottom: #cceeff 1px solid; width: 0pt; padding: 0pt;">​</td>
<td style="border-bottom: #000000 1px solid; min-width: 3.75pt; text-align: right; padding-bottom: 1.833pt; padding-left: 0pt; padding-right: 0pt; padding-top: 1.917pt;">​</td>
<td style="border-bottom: #000000 1px solid; min-width: 21pt; text-align: right; padding-bottom: 1.833pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 1.917pt;">(1,065<font style="position: absolute;">)</font></td>
<td style="border-bottom: #cceeff 1px solid; width: 0pt; padding: 0pt;">​</td>
<td style="border-bottom: #cceeff 1px solid; width: 6pt; padding: 0pt;">​</td>
<td style="border-bottom: #cceeff 1px solid; width: 6pt; padding: 0pt;">​</td>
<td style="border-bottom: #cceeff 1px solid; width: 0pt; padding: 0pt;">​</td>
<td style="border-bottom: #000000 1px solid; min-width: 3.75pt; text-align: right; padding-bottom: 1.833pt; padding-left: 0pt; padding-right: 0pt; padding-top: 1.917pt;">​</td>
<td style="border-bottom: #000000 1px solid; min-width: 23.25pt; text-align: right; padding-bottom: 1.833pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 1.917pt;">7,874</td>
<td style="border-bottom: #cceeff 1px solid; width: 0pt; padding: 0pt;">​</td>
<td style="border-bottom: #cceeff 1px solid; width: 0pt; padding: 0pt;">​</td>
</tr>
<tr style="text-align: right; text-transform: none; font: 10pt/10pt 'times new roman', times, serif; white-space: nowrap; color: #000000; vertical-align: bottom;">
<td style="text-align: left; padding-bottom: 2.75pt; padding-left: 0pt; width: 315.22pt; padding-right: 0pt; padding-top: 3.25pt;">
<div style="white-space: nowrap;">Other comprehensive (loss) income</div>
</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="border-bottom: #000000 3px double; min-width: 3.75pt; text-align: right; padding-bottom: 2pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.25pt;">$</td>
<td style="border-bottom: #000000 3px double; min-width: 23.25pt; text-align: right; padding-bottom: 2pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3.25pt;">(15,170<font style="position: absolute;">)</font></td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td
style="width: 0pt; padding: 0pt;">​</td>
<td style="border-bottom: #000000 3px double; min-width: 3.75pt; text-align: right; padding-bottom: 2pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.25pt;">$</td>
<td style="border-bottom: #000000 3px double; min-width: 21pt; text-align: right; padding-bottom: 2pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3.25pt;">11,155</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="border-bottom: #000000 3px double; min-width: 3.75pt; text-align: right; padding-bottom: 2pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.25pt;">$</td>
<td style="border-bottom: #000000 3px double; min-width: 23.25pt; text-align: right; padding-bottom: 2pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3.25pt;">(39,245<font style="position: absolute;">)</font></td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
</tr>
<tr style="line-height: 4pt; height: 4pt;">
<td style="line-height: 0pt; font-size: 0pt; padding: 0pt;" colspan="23">​</td>
</tr>
</table>
<div style="widows: 1; text-transform: none; margin-top: 11.59pt; text-indent: 20pt; font: 13px/12pt 'times new roman', times, serif; white-space: normal; letter-spacing: normal; color: #000000; word-spacing: 0px; -webkit-text-stroke-width: 0px;">In addition to the $2.4 million of realized investment gains on available-for-sale securities for the year ended December 31, 2015, the Company recognized $7.0 million of realized investment losses on its investments in bank loan participations in 2015.</div>
<div style="widows: 1; text-transform: none; margin-top: 6pt; text-indent: 20pt; font: 13px/12pt 'times new roman', times, serif; white-space: normal; letter-spacing: normal; color: #000000; word-spacing: 0px; -webkit-text-stroke-width: 0px;">In addition to the $1.7 million of realized investment losses on available-for-sale securities for the year ended December 31, 2014, the Company recognized $967,000 of realized investment gains on its investments in bank loan participations and $569,000 of realized investment losses on its short-term and other invested assets in 2014.</div>
<div style="widows: 1; text-transform: none; margin-top: 6pt; text-indent: 20pt; font: 13px/12pt 'times new roman', times, serif; white-space: normal; letter-spacing: normal; color: #000000; word-spacing: 0px; -webkit-text-stroke-width: 0px;">In addition to the $10.7 million of realized investment gains on available-for-sale securities for the year ended December 31, 2013, the Company recognized $1.9 million of realized investment gains on its investments in bank loan participations in 2013.</div>
<div style="text-align: left; widows: 1; text-transform: none; margin-top: 0pt; text-indent: 0px; width: 20pt; font: bold 13px/11pt 'times new roman', times, serif; white-space: nowrap; margin-bottom: 0pt; float: left; letter-spacing: normal; color: #000000; word-spacing: 0px; -webkit-text-stroke-width: 0px;">16.</div>
<div style="text-align: left; widows: 1; text-transform: none; margin-top: 0pt; text-indent: 0px; font: bold 13px/11pt 'times new roman', times, serif; white-space: normal; margin-bottom: 0pt; float: left; letter-spacing: normal; color: #000000; word-spacing: 0px; -webkit-text-stroke-width: 0px;">Commitments and Contingent Liabilities</div>
<div style="widows: 1; text-transform: none; text-indent: 0px; margin: 0pt; font: 0pt/0pt 'times new roman', times, serif; white-space: normal; letter-spacing: normal; color: #000000; clear: both; word-spacing: 0px; -webkit-text-stroke-width: 0px; padding: 0pt;">​</div>
<div style="widows: 1; text-transform: none; margin-top: 6pt; text-indent: 20pt; font: 13px/12pt 'times new roman', times, serif; white-space: normal; letter-spacing: normal; color: #000000; word-spacing: 0px; -webkit-text-stroke-width: 0px;">The Company is a party to various lawsuits arising in the ordinary course of its operations. The Company believes that the ultimate resolution of these matters will not materially impact its financial position, cash flows, or results of operations.</div>
<div style="widows: 1; text-transform: none; margin-top: 6pt; text-indent: 20pt; font: 13px/12pt 'times new roman', times, serif; white-space: normal; letter-spacing: normal; color: #000000; word-spacing: 0px; -webkit-text-stroke-width: 0px;">The Company leases certain office space under operating leases that expire at various times and are subject to renewal options at market rates prevailing at the time of renewal. Rental expense for such leases was $2.6 million, $2.4 million, and $2.2 million for the years ended December 31, 2015, 2014, and 2013, respectively.</div>
<div style="widows: 1; text-transform: none; margin-top: 6pt; text-indent: 20pt; font: 13px/12pt 'times new roman', times, serif; white-space: normal; letter-spacing: normal; color: #000000; word-spacing: 0px; -webkit-text-stroke-width: 0px;">As of December 31, 2015, future minimum payments under non-cancelable operating leases for office space are as follows (in thousands):</div>
<div style="widows: 1; text-transform: none; margin-top: 6pt; text-indent: 20pt; font: 13px/12pt 'times new roman', times, serif; white-space: normal; letter-spacing: normal; color: #000000; word-spacing: 0px; -webkit-text-stroke-width: 0px;">
<table style="widows: 1; text-transform: none; margin-top: 8pt; text-indent: 0px; width: 50%; border-collapse: collapse; font: 13px 'times new roman', times, serif; white-space: normal; letter-spacing: normal; height: 100px; color: #000000; margin-left: 30pt; word-spacing: 0px; -webkit-text-stroke-width: 0px;" border="0">
<tr style="text-align: right; text-transform: none; background-color: #cceeff; font: 10pt/10pt 'times new roman', times, serif; white-space: nowrap; color: #000000; vertical-align: bottom;">
<td style="padding: 0pt;">​</td>
<td style="text-align: left; padding-bottom: 1pt; padding-left: 0pt; padding-right: 0pt; padding-top: 0pt;">
<div style="white-space: nowrap;">2016</div>
</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding-bottom: 1pt; padding-left: 0pt; padding-right: 0pt; padding-top: 0pt;">$</td>
<td style="padding-bottom: 1pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 0pt;">3,355</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
</tr>
<tr style="text-align: right; text-transform: none; font: 10pt/10pt 'times new roman', times, serif; white-space: nowrap; color: #000000; vertical-align: bottom;">
<td style="padding: 0pt;">​</td>
<td style="text-align: left; padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.5pt;">
<div style="white-space: nowrap;">2017</div>
</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.5pt;">​</td>
<td style="padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3.5pt;">3,395</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
</tr>
<tr style="text-align: right; text-transform: none; background-color: #cceeff; font: 10pt/10pt 'times new roman', times, serif; white-space: nowrap; color: #000000; vertical-align: bottom;">
<td style="padding: 0pt;">​</td>
<td style="text-align: left; padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.5pt;">
<div style="white-space: nowrap;">2018</div>
</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.5pt;">​</td>
<td style="padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3.5pt;">3,308</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
</tr>
<tr style="text-align: right; text-transform: none; font: 10pt/10pt 'times new roman', times, serif; white-space: nowrap; color: #000000; vertical-align: bottom;">
<td style="padding: 0pt;">​</td>
<td style="text-align: left; padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.5pt;">
<div style="white-space: nowrap;">2019</div>
</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.5pt;">​</td>
<td style="padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3.5pt;">3,219</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
</tr>
<tr style="text-align: right; text-transform: none; background-color: #cceeff; font: 10pt/10pt 'times new roman', times, serif; white-space: nowrap; color: #000000; vertical-align: bottom;">
<td style="padding: 0pt;">​</td>
<td style="text-align: left; padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.5pt;">
<div style="white-space: nowrap;">2020</div>
</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.5pt;">​</td>
<td style="padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3.5pt;">2,992</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
</tr>
<tr style="text-align: right; text-transform: none; font: 10pt/10pt 'times new roman', times, serif; white-space: nowrap; color: #000000; vertical-align: bottom;">
<td style="border-bottom: #ffffff 1px solid; padding: 0pt;">​</td>
<td style="border-bottom: #ffffff 1px solid; text-align: left; padding-bottom: 2.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.5pt;">
<div style="white-space: nowrap;">Thereafter</div>
</td>
<td style="border-bottom: #ffffff 1px solid; padding: 0pt;">​</td>
<td style="border-bottom: #ffffff 1px solid; padding: 0pt;">​</td>
<td style="border-bottom: #ffffff 1px solid; padding: 0pt;">​</td>
<td style="border-bottom: #000000 1px solid; padding-bottom: 2.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.5pt;">​</td>
<td style="border-bottom: #000000 1px solid; padding-bottom: 2.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3.5pt;">13,276</td>
<td style="border-bottom: #ffffff 1px solid; padding: 0pt;">​</td>
<td style="border-bottom: #ffffff 1px solid; padding: 0pt;">​</td>
</tr>
<tr style="text-align: right; text-transform: none; background-color: #cceeff; font: 10pt/10pt 'times new roman', times, serif; white-space: nowrap; color: #000000; vertical-align: bottom;">
<td style="padding: 0pt;">​</td>
<td style="text-align: left; padding-bottom: 0.75pt; padding-left: 0pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="border-bottom: #000000 3px double; padding-bottom: 2pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.25pt;">$</td>
<td style="border-bottom: #000000 3px double; padding-bottom: 2pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3.25pt;">29,545</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
</tr>
<tr style="line-height: 4pt; height: 4pt;">
<td style="line-height: 0pt; font-size: 0pt; padding: 0pt;" colspan="10">​</td>
</tr>
</table>
</div>
<div style="widows: 1; text-transform: none; margin-top: 12.98pt; text-indent: 20pt; font: 13px/12pt 'times new roman', times, serif; white-space: normal; letter-spacing: normal; color: #000000; word-spacing: 0px; -webkit-text-stroke-width: 0px;">Included in the future minimum lease payments is $23.8 million related to the building constructed and owned by a partnership in which the Company has a minority investment (see Note 22).</div>
<div style="widows: 1; text-transform: none; margin-top: 6pt; text-indent: 20pt; font: 13px/12pt 'times new roman', times, serif; white-space: normal; letter-spacing: normal; color: #000000; word-spacing: 0px; -webkit-text-stroke-width: 0px;">The Company’s Specialty Admitted Insurance segment entered into an agreement to lease certain policy management software. The five year lease began January 1, 2015 and total payments under the lease are $2.2 million spread evenly at $440,000 per year.</div>
<div style="widows: 1; text-transform: none; margin-top: 6pt; text-indent: 20pt; font: 13px/12pt 'times new roman', times, serif; white-space: normal; letter-spacing: normal; color: #000000; word-spacing: 0px; -webkit-text-stroke-width: 0px;">The Company’s reinsurance subsidiary, JRG Re, entered into two letter of credit facilities with banks as security to third-party reinsureds on reinsurance assumed by JRG Re. JRG Re has established custodial accounts to secure these letters of credit. Under a $100.0 million facility, $96.9 million of letters of credit were issued through December 31, 2015 which were secured by deposits of  $111.3 million. Under a $102.5 million facility, $35.1 million of letters of credit were issued through December 31, 2015 which were secured by deposits of  $48.5 million. JRG Re has also established trust accounts to secure its obligations to selected reinsureds. The total amount deposited in the trust accounts for the benefit of third-party reinsureds was $241.4 million at December 31, 2015 (see Note 2).</div>
<p style="line-height: 11pt; margin: 0in 0in 0pt;" class="msonormal"><font style="font-family: times new roman,times;" size="2"><b>18. Segment Information</b></font></p>
<p style="margin: 0in 0in 0pt; mso-line-height-alt: 0pt;" class="msonormal"><font style="font-family: times new roman,times;" size="2">​</font></p>
<p style="line-height: 12pt; text-indent: 20pt; margin: 0in 0in 0pt;" class="msonormal"><font style="font-family: times new roman,times;" size="2">The Company has four reportable segments, three of which are separately managed business units and the fourth (“Corporate and Other”) includes the Company’s remaining operations. The Excess and Surplus Lines segment primarily offers commercial excess and surplus lines liability and excess property insurance products. The Specialty Admitted Insurance segment offers workers’ compensation insurance coverage as well as specialty admitted program and fronting business. The Casualty Reinsurance segment offers commercial liability and non-catastrophe property reinsurance to U.S. insurance companies and to the Company’s U.S.-based insurance subsidiaries. The Corporate and Other segment consists of certain management and treasury activities of James River Group, James River UK, and JRG Holdings as well as interest expense associated with senior debt and Junior Subordinated Debt, and investment income from investments classified as trading or other invested assets. The accounting policies of the reportable segments are the same as those described in the summary of significant accounting policies.</font></p>
<div style="line-height: 12pt; text-indent: 20pt; margin: 0in 0in 0pt;" class="msonormal">
<div style="line-height: 12pt; text-indent: 20pt; margin: 0in 0in 0pt;" class="msonormal">
<p style="line-height: 12pt; text-indent: 20pt; margin: 0in 0in 0pt;" class="msonormal"><font style="font-family: times new roman,times;" size="2">Segment revenues for each reportable segment consist of net earned premiums, net investment income, and realized investment gains (losses). Segment profit (loss) for each reportable segment is measured by underwriting profit (loss), which is generally defined as net earned premiums less losses and loss adjustment expenses and other operating expenses of the operating segments. Fee income and expenses of the Excess and Surplus Lines segment are included in that segment’s underwriting profit (loss). Net fee income of  $3.2 million and $883,000 was included in underwriting profit for the years ended December 31, 2015 and 2014, respectively. Segment results are reported prior to the effects of the intercompany reinsurance agreements between the Company’s insurance subsidiaries. All gross written premiums and net earned premiums for all periods presented were generated from policies issued to U.S. based insureds.</font></p>
<div style="line-height: 12pt; text-indent: 20pt; margin: 0in 0in 0pt;" class="msonormal">
<table align="center" style="widows: 1; text-transform: none; margin-top: 8pt; text-indent: 0px; width: 100%; border-collapse: collapse; font: 13px 'times new roman', times, serif; white-space: normal; letter-spacing: normal; height: 500px; color: #000000; word-spacing: 0px; -webkit-text-stroke-width: 0px;" border="0">
<tr style="text-align: center; text-transform: none; font: bold 8pt/9pt 'times new roman', times, serif; white-space: nowrap; color: #000000; vertical-align: bottom;">
<td style="border-bottom: #ffffff 1px solid; text-align: left; padding-bottom: 0.5pt; padding-left: 0pt; width: 184.51pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="border-bottom: #ffffff 1px solid; width: 6pt; padding: 0pt;">​</td>
<td style="border-bottom: #ffffff 1px solid; width: 6pt; padding: 0pt;">​</td>
<td style="border-bottom: #000000 1px solid; padding-bottom: 1.667pt; padding-left: 0pt; padding-right: 0pt; padding-top: 0pt;" colspan="4">
<div style="text-align: center;">Excess and <br />Surplus Lines</div>
</td>
<td style="border-bottom: #ffffff 1px solid; width: 6pt; padding: 0pt;">​</td>
<td style="border-bottom: #ffffff 1px solid; width: 6pt; padding: 0pt;">​</td>
<td style="border-bottom: #000000 1px solid; padding-bottom: 1.667pt; padding-left: 0pt; padding-right: 0pt; padding-top: 0pt;" colspan="4">
<div style="text-align: center;">Specialty <br />Admitted <br />Insurance</div>
</td>
<td style="border-bottom: #ffffff 1px solid; width: 6pt; padding: 0pt;">​</td>
<td style="border-bottom: #ffffff 1px solid; width: 6pt; padding: 0pt;">​</td>
<td style="border-bottom: #000000 1px solid; padding-bottom: 1.667pt; padding-left: 0pt; padding-right: 0pt; padding-top: 0pt;" colspan="4">
<div style="text-align: center;">Casualty <br />Reinsurance</div>
</td>
<td style="border-bottom: #ffffff 1px solid; width: 6pt; padding: 0pt;">​</td>
<td style="border-bottom: #ffffff 1px solid; width: 6pt; padding: 0pt;">​</td>
<td style="border-bottom: #000000 1px solid; padding-bottom: 1.667pt; padding-left: 0pt; padding-right: 0pt; padding-top: 0pt;" colspan="4">
<div style="text-align: center;">Corporate <br />and <br />Other</div>
</td>
<td style="border-bottom: #ffffff 1px solid; width: 6pt; padding: 0pt;">​</td>
<td style="border-bottom: #ffffff 1px solid; width: 6pt; padding: 0pt;">​</td>
<td style="border-bottom: #000000 1px solid; padding-bottom: 1.667pt; padding-left: 0pt; padding-right: 0pt; padding-top: 0pt;" colspan="4">
<div style="text-align: center; white-space: nowrap;">Total</div>
</td>
<td style="border-bottom: #ffffff 1px solid; width: 0pt; padding: 0pt;">​</td>
</tr>
<tr style="text-align: left; text-transform: none; font: bold italic 8pt/8pt 'times new roman', times, serif; white-space: nowrap; color: #000000; vertical-align: bottom;">
<td style="padding-bottom: 0.5pt; padding-left: 0pt; width: 184.51pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="text-align: center; padding-bottom: 1pt; padding-left: 0pt; width: 0pt; padding-right: 0pt; padding-top: 2.75pt;" colspan="28">
<div style="text-align: center; white-space: nowrap;">(in thousands)</div>
</td>
<td style="width: 0pt; padding: 0pt;">​</td>
</tr>
<tr style="text-align: left; text-transform: none; background-color: #cceeff; font: bold 10pt/12pt 'times new roman', times, serif; white-space: normal; color: #000000; vertical-align: bottom;">
<td style="padding-bottom: 0.5pt; padding-left: 0pt; width: 184.51pt; padding-right: 0pt; padding-top: 1.667pt;">
<div style="text-indent: -10pt; margin-left: 10pt;">As of and for the Year Ended <br />December 31, 2015</div>
</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td colspan="6">​</td>
<td colspan="6">​</td>
<td colspan="6">​</td>
<td
colspan="6">​</td>
<td colspan="6">​</td>
</tr>
<tr style="text-align: right; text-transform: none; font: 10pt/10pt 'times new roman', times, serif; white-space: nowrap; color: #000000; vertical-align: bottom;">
<td style="text-align: left; padding-bottom: 1pt; padding-left: 0pt; width: 184.51pt; padding-right: 0pt; padding-top: 3pt;">
<div style="white-space: nowrap;">Gross written premiums</div>
</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="padding-bottom: 0pt; padding-left: 3.765pt; width: 0pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="min-width: 3.75pt; text-align: right; padding-bottom: 1pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3pt;">$</td>
<td style="min-width: 24.75pt; text-align: right; padding-bottom: 1pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3pt;">308,717</td>
<td style="padding-bottom: 0pt; padding-left: 3.765pt; width: 0pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="min-width: 3.75pt; text-align: right; padding-bottom: 1pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3pt;">$</td>
<td style="min-width: 24.75pt; text-align: right; padding-bottom: 1pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3pt;">90,978</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="min-width: 3.75pt; text-align: right; padding-bottom: 1pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3pt;">$</td>
<td style="min-width: 30.75pt; text-align: right; padding-bottom: 1pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3pt;">172,499</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="min-width: 3.75pt; text-align: right; padding-bottom: 1pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3pt;">$</td>
<td style="min-width: 24.75pt; text-align: right; padding-bottom: 1pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3pt;">—</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="min-width: 3.75pt; text-align: right; padding-bottom: 1pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3pt;">$</td>
<td style="min-width: 30.75pt; text-align: right; padding-bottom: 1pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3pt;">572,194</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
</tr>
<tr style="text-align: right; text-transform: none; background-color: #cceeff; font: 10pt/10pt 'times new roman', times, serif; white-space: nowrap; color: #000000; vertical-align: bottom;">
<td style="text-align: left; padding-bottom: 1pt; padding-left: 0pt; width: 184.51pt; padding-right: 0pt; padding-top: 3pt;">
<div style="white-space: nowrap;">Net earned premiums</div>
</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="padding-bottom: 0pt; padding-left: 3.765pt; width: 0pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="min-width: 3.75pt; text-align: right; padding-bottom: 1pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3pt;">​</td>
<td style="min-width: 24.75pt; text-align: right; padding-bottom: 1pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3pt;">240,878</td>
<td style="padding-bottom: 0pt; padding-left: 3.765pt; width: 0pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="min-width: 3.75pt; text-align: right; padding-bottom: 1pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3pt;">​</td>
<td style="min-width: 24.75pt; text-align: right; padding-bottom: 1pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3pt;">42,206</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="min-width: 3.75pt; text-align: right; padding-bottom: 1pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3pt;">​</td>
<td style="min-width: 30.75pt; text-align: right; padding-bottom: 1pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3pt;">178,121</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="min-width: 3.75pt; text-align: right; padding-bottom: 1pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3pt;">​</td>
<td style="min-width: 24.75pt; text-align: right; padding-bottom: 1pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3pt;">—</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="min-width: 3.75pt; text-align: right; padding-bottom: 1pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3pt;">​</td>
<td style="min-width: 30.75pt; text-align: right; padding-bottom: 1pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3pt;">461,205</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
</tr>
<tr style="text-align: right; text-transform: none; font: 10pt/10pt 'times new roman', times, serif; white-space: nowrap; color: #000000; vertical-align: bottom;">
<td style="text-align: left; padding-bottom: 1pt; padding-left: 0pt; width: 184.51pt; padding-right: 0pt; padding-top: 3pt;">
<div style="white-space: nowrap;">Segment revenues</div>
</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="padding-bottom: 0pt; padding-left: 3.765pt; width: 0pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="min-width: 3.75pt; text-align: right; padding-bottom: 1pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3pt;">​</td>
<td style="min-width: 24.75pt; text-align:
right; padding-bottom: 1pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3pt;">255,529</td>
<td style="padding-bottom: 0pt; padding-left: 3.765pt; width: 0pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="min-width: 3.75pt; text-align: right; padding-bottom: 1pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3pt;">​</td>
<td style="min-width: 24.75pt; text-align: right; padding-bottom: 1pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3pt;">44,791</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="min-width: 3.75pt; text-align: right; padding-bottom: 1pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3pt;">​</td>
<td style="min-width: 30.75pt; text-align: right; padding-bottom: 1pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3pt;">197,586</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="min-width: 3.75pt; text-align: right; padding-bottom: 1pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3pt;">​</td>
<td style="min-width: 24.75pt; text-align: right; padding-bottom: 1pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3pt;">7,015</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="min-width: 3.75pt; text-align: right; padding-bottom: 1pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3pt;">​</td>
<td style="min-width: 30.75pt; text-align: right; padding-bottom: 1pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3pt;">504,921</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
</tr>
<tr style="text-align: right; text-transform: none; background-color: #cceeff; font: 10pt/10pt 'times new roman', times, serif; white-space: nowrap; color: #000000; vertical-align: bottom;">
<td style="text-align: left; padding-bottom: 1pt; padding-left: 0pt; width: 184.51pt; padding-right: 0pt; padding-top: 3pt;">
<div style="white-space: nowrap;">Net investment income</div>
</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="padding-bottom: 0pt; padding-left: 3.765pt; width: 0pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="min-width: 3.75pt; text-align: right; padding-bottom: 1pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3pt;">​</td>
<td style="min-width: 24.75pt; text-align: right; padding-bottom: 1pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3pt;">13,427</td>
<td style="padding-bottom: 0pt; padding-left: 3.765pt; width: 0pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="min-width: 3.75pt; text-align: right; padding-bottom: 1pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3pt;">​</td>
<td style="min-width: 24.75pt; text-align: right; padding-bottom: 1pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3pt;">2,316</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="min-width: 3.75pt; text-align: right; padding-bottom: 1pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3pt;">​</td>
<td style="min-width: 30.75pt; text-align: right; padding-bottom: 1pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3pt;">22,706</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="min-width: 3.75pt; text-align: right; padding-bottom: 1pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3pt;">​</td>
<td style="min-width: 24.75pt; text-align: right; padding-bottom: 1pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3pt;">6,386</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="min-width: 3.75pt; text-align: right; padding-bottom: 1pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3pt;">​</td>
<td style="min-width: 30.75pt; text-align: right; padding-bottom: 1pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3pt;">44,835</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
</tr>
<tr style="text-align: right; text-transform: none; font: 10pt/10pt 'times new roman', times, serif; white-space: nowrap; color: #000000; vertical-align: bottom;">
<td style="text-align: left; padding-bottom: 1pt; padding-left: 0pt; width: 184.51pt; padding-right: 0pt; padding-top: 3pt;">
<div style="white-space: nowrap;">Interest expense</div>
</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="padding-bottom: 0pt; padding-left: 3.765pt; width: 0pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="min-width: 3.75pt; text-align: right; padding-bottom: 1pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3pt;">​</td>
<td style="min-width: 24.75pt; text-align: right; padding-bottom: 1pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3pt;">—</td>
<td style="padding-bottom: 0pt; padding-left: 3.765pt; width: 0pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="min-width: 3.75pt; text-align: right; padding-bottom: 1pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3pt;">​</td>
<td style="min-width: 24.75pt; text-align: right; padding-bottom: 1pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3pt;">—</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td
style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="min-width: 3.75pt; text-align: right; padding-bottom: 1pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3pt;">​</td>
<td style="min-width: 30.75pt; text-align: right; padding-bottom: 1pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3pt;">—</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="min-width: 3.75pt; text-align: right; padding-bottom: 1pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3pt;">​</td>
<td style="min-width: 24.75pt; text-align: right; padding-bottom: 1pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3pt;">6,999</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="min-width: 3.75pt; text-align: right; padding-bottom: 1pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3pt;">​</td>
<td style="min-width: 30.75pt; text-align: right; padding-bottom: 1pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3pt;">6,999</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
</tr>
<tr style="text-align: right; text-transform: none; background-color: #cceeff; font: 10pt/12pt 'times new roman', times, serif; white-space: nowrap; color: #000000; vertical-align: bottom;">
<td style="text-align: left; padding-bottom: 0.5pt; padding-left: 0pt; width: 184.51pt; padding-right: 0pt; white-space: normal; padding-top: 1.667pt;">
<div style="text-indent: -10pt; margin-left: 10pt;">Underwriting profit (loss) of operating segments</div>
</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="padding-bottom: 0pt; padding-left: 3.765pt; width: 0pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="min-width: 3.75pt; text-align: right; padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 1.667pt;">​</td>
<td style="min-width: 24.75pt; text-align: right; padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 1.667pt;">47,607</td>
<td style="padding-bottom: 0pt; padding-left: 3.765pt; width: 0pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="min-width: 3.75pt; text-align: right; padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 1.667pt;">​</td>
<td style="min-width: 24.75pt; text-align: right; padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 1.667pt;">1,074</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="min-width: 3.75pt; text-align: right; padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 1.667pt;">​</td>
<td style="min-width: 30.75pt; text-align: right; padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 1.667pt;">(2,558<font style="position: absolute;">)</font></td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="min-width: 3.75pt; text-align: right; padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 1.667pt;">​</td>
<td style="min-width: 24.75pt; text-align: right; padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 1.667pt;">—</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="min-width: 3.75pt; text-align: right; padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 1.667pt;">​</td>
<td style="min-width: 30.75pt; text-align: right; padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 1.667pt;">46,123</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
</tr>
<tr style="text-align: right; text-transform: none; font: 10pt/10pt 'times new roman', times, serif; white-space: nowrap; color: #000000; vertical-align: bottom;">
<td style="text-align: left; padding-bottom: 1pt; padding-left: 0pt; width: 184.51pt; padding-right: 0pt; padding-top: 3pt;">
<div style="white-space: nowrap;">Segment goodwill</div>
</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="padding-bottom: 0pt; padding-left: 3.765pt; width: 0pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="min-width: 3.75pt; text-align: right; padding-bottom: 1pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3pt;">​</td>
<td style="min-width: 24.75pt; text-align: right; padding-bottom: 1pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3pt;">181,831</td>
<td style="padding-bottom: 0pt; padding-left: 3.765pt; width: 0pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="min-width: 3.75pt; text-align: right; padding-bottom: 1pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3pt;">​</td>
<td style="min-width: 24.75pt; text-align: right; padding-bottom: 1pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3pt;">—</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="min-width: 3.75pt; text-align: right; padding-bottom: 1pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3pt;">​</td>
<td style="min-width: 30.75pt; text-align: right; padding-bottom: 1pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3pt;">—</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="min-width:
3.75pt; text-align: right; padding-bottom: 1pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3pt;">​</td>
<td style="min-width: 24.75pt; text-align: right; padding-bottom: 1pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3pt;">—</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="min-width: 3.75pt; text-align: right; padding-bottom: 1pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3pt;">​</td>
<td style="min-width: 30.75pt; text-align: right; padding-bottom: 1pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3pt;">181,831</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
</tr>
<tr style="text-align: right; text-transform: none; background-color: #cceeff; font: 10pt/10pt 'times new roman', times, serif; white-space: nowrap; color: #000000; vertical-align: bottom;">
<td style="text-align: left; padding-bottom: 1pt; padding-left: 0pt; width: 184.51pt; padding-right: 0pt; padding-top: 3pt;">
<div style="white-space: nowrap;">Segment assets</div>
</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="padding-bottom: 0pt; padding-left: 3.765pt; width: 0pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="min-width: 3.75pt; text-align: right; padding-bottom: 1pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3pt;">​</td>
<td style="min-width: 24.75pt; text-align: right; padding-bottom: 1pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3pt;">671,143</td>
<td style="padding-bottom: 0pt; padding-left: 3.765pt; width: 0pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="min-width: 3.75pt; text-align: right; padding-bottom: 1pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3pt;">​</td>
<td style="min-width: 24.75pt; text-align: right; padding-bottom: 1pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3pt;">173,094</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="min-width: 3.75pt; text-align: right; padding-bottom: 1pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3pt;">​</td>
<td style="min-width: 30.75pt; text-align: right; padding-bottom: 1pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3pt;">1,108,278</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="min-width: 3.75pt; text-align: right; padding-bottom: 1pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3pt;">​</td>
<td style="min-width: 24.75pt; text-align: right; padding-bottom: 1pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3pt;">102,982</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="min-width: 3.75pt; text-align: right; padding-bottom: 1pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3pt;">​</td>
<td style="min-width: 30.75pt; text-align: right; padding-bottom: 1pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3pt;">2,055,497</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
</tr>
<tr style="text-align: left; text-transform: none; font: bold 10pt/12pt 'times new roman', times, serif; white-space: normal; color: #000000; vertical-align: bottom;">
<td style="padding-bottom: 0.5pt; padding-left: 0pt; width: 184.51pt; padding-right: 0pt; padding-top: 7.667pt;">
<div style="text-indent: -10pt; margin-left: 10pt;">As of and for the Year Ended <br />December 31, 2014</div>
</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td colspan="6">​</td>
<td colspan="6">​</td>
<td colspan="6">​</td>
<td colspan="6">​</td>
<td colspan="6">​</td>
</tr>
<tr style="text-align: right; text-transform: none; background-color: #cceeff; font: 10pt/10pt 'times new roman', times, serif; white-space: nowrap; color: #000000; vertical-align: bottom;">
<td style="text-align: left; padding-bottom: 1pt; padding-left: 0pt; width: 184.51pt; padding-right: 0pt; padding-top: 3pt;">
<div style="white-space: nowrap;">Gross written premiums</div>
</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="padding-bottom: 0pt; padding-left: 3.765pt; width: 0pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="min-width: 3.75pt; text-align: right; padding-bottom: 1pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3pt;">$</td>
<td style="min-width: 24.75pt; text-align: right; padding-bottom: 1pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3pt;">252,707</td>
<td style="padding-bottom: 0pt; padding-left: 3.765pt; width: 0pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="min-width: 3.75pt; text-align: right; padding-bottom: 1pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3pt;">$</td>
<td style="min-width: 24.75pt; text-align: right; padding-bottom: 1pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3pt;">59,380</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="min-width: 3.75pt; text-align: right; padding-bottom: 1pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3pt;">$</td>
<td style="min-width: 30.75pt; text-align: right; padding-bottom: 1pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3pt;">206,680</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="min-width: 3.75pt; text-align: right; padding-bottom: 1pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3pt;">$</td>
<td style="min-width: 24.75pt; text-align: right;
padding-bottom: 1pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3pt;">—</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="min-width: 3.75pt; text-align: right; padding-bottom: 1pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3pt;">$</td>
<td style="min-width: 30.75pt; text-align: right; padding-bottom: 1pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3pt;">518,767</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
</tr>
<tr style="text-align: right; text-transform: none; font: 10pt/10pt 'times new roman', times, serif; white-space: nowrap; color: #000000; vertical-align: bottom;">
<td style="text-align: left; padding-bottom: 1pt; padding-left: 0pt; width: 184.51pt; padding-right: 0pt; padding-top: 3pt;">
<div style="white-space: nowrap;">Net earned premiums</div>
</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="padding-bottom: 0pt; padding-left: 3.765pt; width: 0pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="min-width: 3.75pt; text-align: right; padding-bottom: 1pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3pt;">​</td>
<td style="min-width: 24.75pt; text-align: right; padding-bottom: 1pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3pt;">195,786</td>
<td style="padding-bottom: 0pt; padding-left: 3.765pt; width: 0pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="min-width: 3.75pt; text-align: right; padding-bottom: 1pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3pt;">​</td>
<td style="min-width: 24.75pt; text-align: right; padding-bottom: 1pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3pt;">28,449</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="min-width: 3.75pt; text-align: right; padding-bottom: 1pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3pt;">​</td>
<td style="min-width: 30.75pt; text-align: right; padding-bottom: 1pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3pt;">171,977</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="min-width: 3.75pt; text-align: right; padding-bottom: 1pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3pt;">​</td>
<td style="min-width: 24.75pt; text-align: right; padding-bottom: 1pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3pt;">—</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="min-width: 3.75pt; text-align: right; padding-bottom: 1pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3pt;">​</td>
<td style="min-width: 30.75pt; text-align: right; padding-bottom: 1pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3pt;">396,212</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
</tr>
<tr style="text-align: right; text-transform: none; background-color: #cceeff; font: 10pt/10pt 'times new roman', times, serif; white-space: nowrap; color: #000000; vertical-align: bottom;">
<td style="text-align: left; padding-bottom: 1pt; padding-left: 0pt; width: 184.51pt; padding-right: 0pt; padding-top: 3pt;">
<div style="white-space: nowrap;">Segment revenues</div>
</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="padding-bottom: 0pt; padding-left: 3.765pt; width: 0pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="min-width: 3.75pt; text-align: right; padding-bottom: 1pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3pt;">​</td>
<td style="min-width: 24.75pt; text-align: right; padding-bottom: 1pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3pt;">208,778</td>
<td style="padding-bottom: 0pt; padding-left: 3.765pt; width: 0pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="min-width: 3.75pt; text-align: right; padding-bottom: 1pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3pt;">​</td>
<td style="min-width: 24.75pt; text-align: right; padding-bottom: 1pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3pt;">30,896</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="min-width: 3.75pt; text-align: right; padding-bottom: 1pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3pt;">​</td>
<td style="min-width: 30.75pt; text-align: right; padding-bottom: 1pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3pt;">193,909</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="min-width: 3.75pt; text-align: right; padding-bottom: 1pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3pt;">​</td>
<td style="min-width: 24.75pt; text-align: right; padding-bottom: 1pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3pt;">5,420</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="min-width: 3.75pt; text-align: right; padding-bottom: 1pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3pt;">​</td>
<td style="min-width: 30.75pt; text-align: right; padding-bottom: 1pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3pt;">439,003</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
</tr>
<tr style="text-align: right; text-transform: none; font: 10pt/10pt 'times
new roman', times, serif; white-space: nowrap; color: #000000; vertical-align: bottom;">
<td style="text-align: left; padding-bottom: 1pt; padding-left: 0pt; width: 184.51pt; padding-right: 0pt; padding-top: 3pt;">
<div style="white-space: nowrap;">Net investment income</div>
</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="padding-bottom: 0pt; padding-left: 3.765pt; width: 0pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="min-width: 3.75pt; text-align: right; padding-bottom: 1pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3pt;">​</td>
<td style="min-width: 24.75pt; text-align: right; padding-bottom: 1pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3pt;">14,083</td>
<td style="padding-bottom: 0pt; padding-left: 3.765pt; width: 0pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="min-width: 3.75pt; text-align: right; padding-bottom: 1pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3pt;">​</td>
<td style="min-width: 24.75pt; text-align: right; padding-bottom: 1pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3pt;">2,320</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="min-width: 3.75pt; text-align: right; padding-bottom: 1pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3pt;">​</td>
<td style="min-width: 30.75pt; text-align: right; padding-bottom: 1pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3pt;">20,745</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="min-width: 3.75pt; text-align: right; padding-bottom: 1pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3pt;">​</td>
<td style="min-width: 24.75pt; text-align: right; padding-bottom: 1pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3pt;">5,857</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="min-width: 3.75pt; text-align: right; padding-bottom: 1pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3pt;">​</td>
<td style="min-width: 30.75pt; text-align: right; padding-bottom: 1pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3pt;">43,005</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
</tr>
<tr style="text-align: right; text-transform: none; background-color: #cceeff; font: 10pt/10pt 'times new roman', times, serif; white-space: nowrap; color: #000000; vertical-align: bottom;">
<td style="text-align: left; padding-bottom: 1pt; padding-left: 0pt; width: 184.51pt; padding-right: 0pt; padding-top: 3pt;">
<div style="white-space: nowrap;">Interest expense</div>
</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="padding-bottom: 0pt; padding-left: 3.765pt; width: 0pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="min-width: 3.75pt; text-align: right; padding-bottom: 1pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3pt;">​</td>
<td style="min-width: 24.75pt; text-align: right; padding-bottom: 1pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3pt;">—</td>
<td style="padding-bottom: 0pt; padding-left: 3.765pt; width: 0pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="min-width: 3.75pt; text-align: right; padding-bottom: 1pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3pt;">​</td>
<td style="min-width: 24.75pt; text-align: right; padding-bottom: 1pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3pt;">—</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="min-width: 3.75pt; text-align: right; padding-bottom: 1pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3pt;">​</td>
<td style="min-width: 30.75pt; text-align: right; padding-bottom: 1pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3pt;">—</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="min-width: 3.75pt; text-align: right; padding-bottom: 1pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3pt;">​</td>
<td style="min-width: 24.75pt; text-align: right; padding-bottom: 1pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3pt;">6,347</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="min-width: 3.75pt; text-align: right; padding-bottom: 1pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3pt;">​</td>
<td style="min-width: 30.75pt; text-align: right; padding-bottom: 1pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3pt;">6,347</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
</tr>
<tr style="text-align: right; text-transform: none; font: 10pt/12pt 'times new roman', times, serif; white-space: nowrap; color: #000000; vertical-align: bottom;">
<td style="text-align: left; padding-bottom: 0.5pt; padding-left: 0pt; width: 184.51pt; padding-right: 0pt; white-space: normal; padding-top: 1.667pt;">
<div style="text-indent: -10pt; margin-left: 10pt;">Underwriting profit of operating <br />segments</div>
</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="padding-bottom: 0pt; padding-left: 3.765pt; width: 0pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="min-width: 3.75pt; text-align: right; padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 1.667pt;">​</td>
<td style="min-width: 24.75pt; text-align: right; padding-bottom: 0.5pt;
padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 1.667pt;">35,096</td>
<td style="padding-bottom: 0pt; padding-left: 3.765pt; width: 0pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="min-width: 3.75pt; text-align: right; padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 1.667pt;">​</td>
<td style="min-width: 24.75pt; text-align: right; padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 1.667pt;">33</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="min-width: 3.75pt; text-align: right; padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 1.667pt;">​</td>
<td style="min-width: 30.75pt; text-align: right; padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 1.667pt;">667</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="min-width: 3.75pt; text-align: right; padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 1.667pt;">​</td>
<td style="min-width: 24.75pt; text-align: right; padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 1.667pt;">—</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="min-width: 3.75pt; text-align: right; padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 1.667pt;">​</td>
<td style="min-width: 30.75pt; text-align: right; padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 1.667pt;">35,796</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
</tr>
<tr style="text-align: right; text-transform: none; background-color: #cceeff; font: 10pt/10pt 'times new roman', times, serif; white-space: nowrap; color: #000000; vertical-align: bottom;">
<td style="text-align: left; padding-bottom: 1pt; padding-left: 0pt; width: 184.51pt; padding-right: 0pt; padding-top: 3pt;">
<div style="white-space: nowrap;">Segment goodwill</div>
</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="padding-bottom: 0pt; padding-left: 3.765pt; width: 0pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="min-width: 3.75pt; text-align: right; padding-bottom: 1pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3pt;">​</td>
<td style="min-width: 24.75pt; text-align: right; padding-bottom: 1pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3pt;">181,831</td>
<td style="padding-bottom: 0pt; padding-left: 3.765pt; width: 0pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="min-width: 3.75pt; text-align: right; padding-bottom: 1pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3pt;">​</td>
<td style="min-width: 24.75pt; text-align: right; padding-bottom: 1pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3pt;">—</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="min-width: 3.75pt; text-align: right; padding-bottom: 1pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3pt;">​</td>
<td style="min-width: 30.75pt; text-align: right; padding-bottom: 1pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3pt;">—</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="min-width: 3.75pt; text-align: right; padding-bottom: 1pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3pt;">​</td>
<td style="min-width: 24.75pt; text-align: right; padding-bottom: 1pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3pt;">—</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="min-width: 3.75pt; text-align: right; padding-bottom: 1pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3pt;">​</td>
<td style="min-width: 30.75pt; text-align: right; padding-bottom: 1pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3pt;">181,831</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
</tr>
<tr style="text-align: right; text-transform: none; font: 10pt/10pt 'times new roman', times, serif; white-space: nowrap; color: #000000; vertical-align: bottom;">
<td style="text-align: left; padding-bottom: 1pt; padding-left: 0pt; width: 184.51pt; padding-right: 0pt; padding-top: 3pt;">
<div style="white-space: nowrap;">Segment assets</div>
</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="padding-bottom: 0pt; padding-left: 3.765pt; width: 0pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="min-width: 3.75pt; text-align: right; padding-bottom: 1pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3pt;">​</td>
<td style="min-width: 24.75pt; text-align: right; padding-bottom: 1pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3pt;">684,838</td>
<td style="padding-bottom: 0pt; padding-left: 3.765pt; width: 0pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="min-width: 3.75pt; text-align: right; padding-bottom: 1pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3pt;">​</td>
<td style="min-width: 24.75pt; text-align: right; padding-bottom: 1pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3pt;">124,503</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding:
0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="min-width: 3.75pt; text-align: right; padding-bottom: 1pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3pt;">​</td>
<td style="min-width: 30.75pt; text-align: right; padding-bottom: 1pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3pt;">1,035,084</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="min-width: 3.75pt; text-align: right; padding-bottom: 1pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3pt;">​</td>
<td style="min-width: 24.75pt; text-align: right; padding-bottom: 1pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3pt;">114,867</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="min-width: 3.75pt; text-align: right; padding-bottom: 1pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3pt;">​</td>
<td style="min-width: 30.75pt; text-align: right; padding-bottom: 1pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3pt;">1,959,292</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
</tr>
<tr style="text-align: left; text-transform: none; background-color: #cceeff; font: bold 10pt/12pt 'times new roman', times, serif; white-space: normal; color: #000000; vertical-align: bottom;">
<td style="padding-bottom: 0.5pt; padding-left: 0pt; width: 184.51pt; padding-right: 0pt; padding-top: 7.667pt;">
<div style="text-indent: -10pt; margin-left: 10pt;">As of and for the Year Ended <br />December 31, 2013</div>
</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td colspan="6">​</td>
<td colspan="6">​</td>
<td colspan="6">​</td>
<td colspan="6">​</td>
<td colspan="6">​</td>
</tr>
<tr style="text-align: right; text-transform: none; font: 10pt/10pt 'times new roman', times, serif; white-space: nowrap; color: #000000; vertical-align: bottom;">
<td style="text-align: left; padding-bottom: 1pt; padding-left: 0pt; width: 184.51pt; padding-right: 0pt; padding-top: 3pt;">
<div style="white-space: nowrap;">Gross written premiums</div>
</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="padding-bottom: 0pt; padding-left: 3.765pt; width: 0pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="min-width: 3.75pt; text-align: right; padding-bottom: 1pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3pt;">$</td>
<td style="min-width: 24.75pt; text-align: right; padding-bottom: 1pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3pt;">192,394</td>
<td style="padding-bottom: 0pt; padding-left: 3.765pt; width: 0pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="min-width: 3.75pt; text-align: right; padding-bottom: 1pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3pt;">$</td>
<td style="min-width: 24.75pt; text-align: right; padding-bottom: 1pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3pt;">20,594</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="min-width: 3.75pt; text-align: right; padding-bottom: 1pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3pt;">$</td>
<td style="min-width: 30.75pt; text-align: right; padding-bottom: 1pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3pt;">155,530</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="min-width: 3.75pt; text-align: right; padding-bottom: 1pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3pt;">$</td>
<td style="min-width: 24.75pt; text-align: right; padding-bottom: 1pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3pt;">—</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="min-width: 3.75pt; text-align: right; padding-bottom: 1pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3pt;">$</td>
<td style="min-width: 30.75pt; text-align: right; padding-bottom: 1pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3pt;">368,518</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
</tr>
<tr style="text-align: right; text-transform: none; background-color: #cceeff; font: 10pt/10pt 'times new roman', times, serif; white-space: nowrap; color: #000000; vertical-align: bottom;">
<td style="text-align: left; padding-bottom: 1pt; padding-left: 0pt; width: 184.51pt; padding-right: 0pt; padding-top: 3pt;">
<div style="white-space: nowrap;">Net earned premiums</div>
</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="padding-bottom: 0pt; padding-left: 3.765pt; width: 0pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="min-width: 3.75pt; text-align: right; padding-bottom: 1pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3pt;">​</td>
<td style="min-width: 24.75pt; text-align: right; padding-bottom: 1pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3pt;">141,826</td>
<td style="padding-bottom: 0pt; padding-left: 3.765pt; width: 0pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="min-width: 3.75pt; text-align: right; padding-bottom: 1pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3pt;">​</td>
<td style="min-width: 24.75pt; text-align: right; padding-bottom: 1pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3pt;">17,908</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="min-width: 3.75pt; text-align: right;
padding-bottom: 1pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3pt;">​</td>
<td style="min-width: 30.75pt; text-align: right; padding-bottom: 1pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3pt;">168,344</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="min-width: 3.75pt; text-align: right; padding-bottom: 1pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3pt;">​</td>
<td style="min-width: 24.75pt; text-align: right; padding-bottom: 1pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3pt;">—</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="min-width: 3.75pt; text-align: right; padding-bottom: 1pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3pt;">​</td>
<td style="min-width: 30.75pt; text-align: right; padding-bottom: 1pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3pt;">328,078</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
</tr>
<tr style="text-align: right; text-transform: none; font: 10pt/10pt 'times new roman', times, serif; white-space: nowrap; color: #000000; vertical-align: bottom;">
<td style="text-align: left; padding-bottom: 1pt; padding-left: 0pt; width: 184.51pt; padding-right: 0pt; padding-top: 3pt;">
<div style="white-space: nowrap;">Segment revenues</div>
</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="padding-bottom: 0pt; padding-left: 3.765pt; width: 0pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="min-width: 3.75pt; text-align: right; padding-bottom: 1pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3pt;">​</td>
<td style="min-width: 24.75pt; text-align: right; padding-bottom: 1pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3pt;">165,431</td>
<td style="padding-bottom: 0pt; padding-left: 3.765pt; width: 0pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="min-width: 3.75pt; text-align: right; padding-bottom: 1pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3pt;">​</td>
<td style="min-width: 24.75pt; text-align: right; padding-bottom: 1pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3pt;">21,582</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="min-width: 3.75pt; text-align: right; padding-bottom: 1pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3pt;">​</td>
<td style="min-width: 30.75pt; text-align: right; padding-bottom: 1pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3pt;">193,752</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="min-width: 3.75pt; text-align: right; padding-bottom: 1pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3pt;">​</td>
<td style="min-width: 24.75pt; text-align: right; padding-bottom: 1pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3pt;">5,527</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="min-width: 3.75pt; text-align: right; padding-bottom: 1pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3pt;">​</td>
<td style="min-width: 30.75pt; text-align: right; padding-bottom: 1pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3pt;">386,292</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
</tr>
<tr style="text-align: right; text-transform: none; background-color: #cceeff; font: 10pt/10pt 'times new roman', times, serif; white-space: nowrap; color: #000000; vertical-align: bottom;">
<td style="text-align: left; padding-bottom: 1pt; padding-left: 0pt; width: 184.51pt; padding-right: 0pt; padding-top: 3pt;">
<div style="white-space: nowrap;">Net investment income</div>
</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="padding-bottom: 0pt; padding-left: 3.765pt; width: 0pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="min-width: 3.75pt; text-align: right; padding-bottom: 1pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3pt;">​</td>
<td style="min-width: 24.75pt; text-align: right; padding-bottom: 1pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3pt;">15,489</td>
<td style="padding-bottom: 0pt; padding-left: 3.765pt; width: 0pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="min-width: 3.75pt; text-align: right; padding-bottom: 1pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3pt;">​</td>
<td style="min-width: 24.75pt; text-align: right; padding-bottom: 1pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3pt;">2,601</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="min-width: 3.75pt; text-align: right; padding-bottom: 1pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3pt;">​</td>
<td style="min-width: 30.75pt; text-align: right; padding-bottom: 1pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3pt;">21,907</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="min-width: 3.75pt; text-align: right; padding-bottom: 1pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3pt;">​</td>
<td style="min-width: 24.75pt; text-align: right; padding-bottom: 1pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3pt;">5,376</td>
<td style="width: 0pt; padding:
0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="min-width: 3.75pt; text-align: right; padding-bottom: 1pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3pt;">​</td>
<td style="min-width: 30.75pt; text-align: right; padding-bottom: 1pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3pt;">45,373</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
</tr>
<tr style="text-align: right; text-transform: none; font: 10pt/10pt 'times new roman', times, serif; white-space: nowrap; color: #000000; vertical-align: bottom;">
<td style="text-align: left; padding-bottom: 1pt; padding-left: 0pt; width: 184.51pt; padding-right: 0pt; padding-top: 3pt;">
<div style="white-space: nowrap;">Interest expense</div>
</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="padding-bottom: 0pt; padding-left: 3.765pt; width: 0pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="min-width: 3.75pt; text-align: right; padding-bottom: 1pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3pt;">​</td>
<td style="min-width: 24.75pt; text-align: right; padding-bottom: 1pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3pt;">—</td>
<td style="padding-bottom: 0pt; padding-left: 3.765pt; width: 0pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="min-width: 3.75pt; text-align: right; padding-bottom: 1pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3pt;">​</td>
<td style="min-width: 24.75pt; text-align: right; padding-bottom: 1pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3pt;">—</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="min-width: 3.75pt; text-align: right; padding-bottom: 1pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3pt;">​</td>
<td style="min-width: 30.75pt; text-align: right; padding-bottom: 1pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3pt;">—</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="min-width: 3.75pt; text-align: right; padding-bottom: 1pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3pt;">​</td>
<td style="min-width: 24.75pt; text-align: right; padding-bottom: 1pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3pt;">6,777</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="min-width: 3.75pt; text-align: right; padding-bottom: 1pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3pt;">​</td>
<td style="min-width: 30.75pt; text-align: right; padding-bottom: 1pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3pt;">6,777</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
</tr>
<tr style="text-align: right; text-transform: none; background-color: #cceeff; font: 10pt/12pt 'times new roman', times, serif; white-space: nowrap; color: #000000; vertical-align: bottom;">
<td style="text-align: left; padding-bottom: 0.5pt; padding-left: 0pt; width: 184.51pt; padding-right: 0pt; white-space: normal; padding-top: 1.667pt;">
<div style="text-indent: -10pt; margin-left: 10pt;">Underwriting profit (loss) of operating segments</div>
</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="padding-bottom: 0pt; padding-left: 3.765pt; width: 0pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="min-width: 3.75pt; text-align: right; padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 1.667pt;">​</td>
<td style="min-width: 24.75pt; text-align: right; padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 1.667pt;">43,523</td>
<td style="padding-bottom: 0pt; padding-left: 3.765pt; width: 0pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="min-width: 3.75pt; text-align: right; padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 1.667pt;">​</td>
<td style="min-width: 24.75pt; text-align: right; padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 1.667pt;">(3,868<font style="position: absolute;">)</font></td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="min-width: 3.75pt; text-align: right; padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 1.667pt;">​</td>
<td style="min-width: 30.75pt; text-align: right; padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 1.667pt;">(2,560<font style="position: absolute;">)</font></td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="min-width: 3.75pt; text-align: right; padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 1.667pt;">​</td>
<td style="min-width: 24.75pt; text-align: right; padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 1.667pt;">—</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="min-width: 3.75pt; text-align: right; padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 1.667pt;">​</td>
<td style="min-width: 30.75pt; text-align: right; padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 1.667pt;">37,095</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
</tr>
<tr
style="text-align: right; text-transform: none; font: 10pt/10pt 'times new roman', times, serif; white-space: nowrap; color: #000000; vertical-align: bottom;">
<td style="text-align: left; padding-bottom: 1pt; padding-left: 0pt; width: 184.51pt; padding-right: 0pt; padding-top: 3pt;">
<div style="white-space: nowrap;">Segment goodwill</div>
</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="padding-bottom: 0pt; padding-left: 3.765pt; width: 0pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="min-width: 3.75pt; text-align: right; padding-bottom: 1pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3pt;">​</td>
<td style="min-width: 24.75pt; text-align: right; padding-bottom: 1pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3pt;">181,831</td>
<td style="padding-bottom: 0pt; padding-left: 3.765pt; width: 0pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="min-width: 3.75pt; text-align: right; padding-bottom: 1pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3pt;">​</td>
<td style="min-width: 24.75pt; text-align: right; padding-bottom: 1pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3pt;">—</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="min-width: 3.75pt; text-align: right; padding-bottom: 1pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3pt;">​</td>
<td style="min-width: 30.75pt; text-align: right; padding-bottom: 1pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3pt;">—</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="min-width: 3.75pt; text-align: right; padding-bottom: 1pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3pt;">​</td>
<td style="min-width: 24.75pt; text-align: right; padding-bottom: 1pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3pt;">—</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="min-width: 3.75pt; text-align: right; padding-bottom: 1pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3pt;">​</td>
<td style="min-width: 30.75pt; text-align: right; padding-bottom: 1pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3pt;">181,831</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
</tr>
<tr style="text-align: right; text-transform: none; background-color: #cceeff; font: 10pt/10pt 'times new roman', times, serif; white-space: nowrap; color: #000000; vertical-align: bottom;">
<td style="text-align: left; padding-bottom: 1pt; padding-left: 0pt; width: 184.51pt; padding-right: 0pt; padding-top: 3pt;">
<div style="white-space: nowrap;">Segment assets</div>
</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="padding-bottom: 0pt; padding-left: 3.765pt; width: 0pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="min-width: 3.75pt; text-align: right; padding-bottom: 1pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3pt;">​</td>
<td style="min-width: 24.75pt; text-align: right; padding-bottom: 1pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3pt;">651,249</td>
<td style="padding-bottom: 0pt; padding-left: 3.765pt; width: 0pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="min-width: 3.75pt; text-align: right; padding-bottom: 1pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3pt;">​</td>
<td style="min-width: 24.75pt; text-align: right; padding-bottom: 1pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3pt;">92,700</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="min-width: 3.75pt; text-align: right; padding-bottom: 1pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3pt;">​</td>
<td style="min-width: 30.75pt; text-align: right; padding-bottom: 1pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3pt;">967,982</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="min-width: 3.75pt; text-align: right; padding-bottom: 1pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3pt;">​</td>
<td style="min-width: 24.75pt; text-align: right; padding-bottom: 1pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3pt;">94,862</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="min-width: 3.75pt; text-align: right; padding-bottom: 1pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3pt;">​</td>
<td style="min-width: 30.75pt; text-align: right; padding-bottom: 1pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3pt;">1,806,793</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
</tr>
</table>
</div>
<div style="line-height: 12pt; text-indent: 20pt; margin: 0in 0in 0pt;" class="msonormal"> </div>
<div style="line-height: 12pt; text-indent: 20pt; margin: 0in 0in 0pt;" class="msonormal"><font style="font-family: times new roman,times;" size="2"></font>The following table reconciles the underwriting profit (loss) of insurance segments by individual segment to income from continuing operations before taxes:
<table align="center" style="widows: 1; text-transform: none; margin-top: 8pt; text-indent: 0px; width: 100%; border-collapse: collapse; font: 13px 'times new roman', times, serif; white-space: normal; letter-spacing: normal; height: 214px; color: #000000; word-spacing: 0px; -webkit-text-stroke-width: 0px;" border="0">
<tr style="text-align: left; text-transform: none;
font: bold 8pt/8pt 'times new roman', times, serif; white-space: nowrap; color: #000000; vertical-align: bottom;">
<td style="border-bottom: #ffffff 1px solid; padding-bottom: 0.5pt; padding-left: 0pt; width: 315.22pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="border-bottom: #ffffff 1px solid; width: 6pt; padding: 0pt;">​</td>
<td style="border-bottom: #ffffff 1px solid; width: 6pt; padding: 0pt;">​</td>
<td style="border-bottom: #000000 1px solid; text-align: center; padding-bottom: 1.5pt; padding-left: 0pt; width: 0pt; padding-right: 0pt; padding-top: 0pt;" colspan="16">
<div style="text-align: center; white-space: nowrap;">Year Ended December 31,</div>
</td>
<td style="border-bottom: #ffffff 1px solid; width: 0pt; padding: 0pt;">​</td>
</tr>
<tr style="text-align: center; text-transform: none; font: bold 8pt/8pt 'times new roman', times, serif; white-space: nowrap; color: #000000; vertical-align: bottom;">
<td style="border-bottom: #ffffff 1px solid; text-align: left; padding-bottom: 0.5pt; padding-left: 0pt; width: 315.22pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="border-bottom: #ffffff 1px solid; width: 6pt; padding: 0pt;">​</td>
<td style="border-bottom: #ffffff 1px solid; width: 6pt; padding: 0pt;">​</td>
<td style="border-bottom: #000000 1px solid; padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 2.25pt;" colspan="4">
<div style="text-align: center; white-space: nowrap;">2015</div>
</td>
<td style="border-bottom: #ffffff 1px solid; width: 6pt; padding: 0pt;">​</td>
<td style="border-bottom: #ffffff 1px solid; width: 6pt; padding: 0pt;">​</td>
<td style="border-bottom: #000000 1px solid; padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 2.25pt;" colspan="4">
<div style="text-align: center; white-space: nowrap;">2014</div>
</td>
<td style="border-bottom: #ffffff 1px solid; width: 6pt; padding: 0pt;">​</td>
<td style="border-bottom: #ffffff 1px solid; width: 6pt; padding: 0pt;">​</td>
<td style="border-bottom: #000000 1px solid; padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 2.25pt;" colspan="4">
<div style="text-align: center; white-space: nowrap;">2013</div>
</td>
<td style="border-bottom: #ffffff 1px solid; width: 0pt; padding: 0pt;">​</td>
</tr>
<tr style="text-align: left; text-transform: none; font: bold italic 8pt/8pt 'times new roman', times, serif; white-space: nowrap; color: #000000; vertical-align: bottom;">
<td style="padding-bottom: 0.5pt; padding-left: 0pt; width: 315.22pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="text-align: center; padding-bottom: 0.5pt; padding-left: 0pt; width: 0pt; padding-right: 0pt; padding-top: 2.25pt;" colspan="16">
<div style="text-align: center; white-space: nowrap;">(in thousands)</div>
</td>
<td style="width: 0pt; padding: 0pt;">​</td>
</tr>
<tr style="text-align: left; text-transform: none; background-color: #cceeff; font: 10pt/10pt 'times new roman', times, serif; white-space: nowrap; color: #000000; vertical-align: bottom;">
<td style="padding-bottom: 0.5pt; padding-left: 0pt; width: 315.22pt; padding-right: 0pt; padding-top: 2.5pt;">Underwriting profit (loss) of the operating segments:</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td colspan="6">​</td>
<td colspan="6">​</td>
<td colspan="6">​</td>
</tr>
<tr style="text-align: right; text-transform: none; font: 10pt/10pt 'times new roman', times, serif; white-space: nowrap; color: #000000; vertical-align: bottom;">
<td style="text-align: left; padding-bottom: 0.5pt; padding-left: 0pt; width: 315.22pt; padding-right: 0pt; padding-top: 2.5pt;">
<div style="margin-left: 10pt;">Excess and Surplus Lines</div>
</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="min-width: 3.75pt; text-align: right; padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 2.5pt;">$</td>
<td style="min-width: 23.25pt; text-align: right; padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 2.5pt;">47,607</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="min-width: 3.75pt; text-align: right; padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 2.5pt;">$</td>
<td style="min-width: 23.25pt; text-align: right; padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 2.5pt;">35,096</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="min-width: 3.75pt; text-align: right; padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 2.5pt;">$</td>
<td style="min-width: 21pt; text-align: right; padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 2.5pt;">43,523</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
</tr>
<tr style="text-align: right; text-transform: none; background-color: #cceeff; font: 10pt/10pt 'times new roman', times, serif; white-space: nowrap; color: #000000; vertical-align: bottom;">
<td style="text-align: left; padding-bottom: 0.5pt; padding-left: 0pt; width: 315.22pt; padding-right: 0pt; padding-top: 2.5pt;">
<div style="margin-left: 10pt;">Specialty Admitted Insurance</div>
</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="min-width: 3.75pt; text-align: right; padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 2.5pt;">​</td>
<td style="min-width: 23.25pt; text-align: right; padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 2.5pt;">1,074</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="min-width: 3.75pt; text-align: right; padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 2.5pt;">​</td>
<td style="min-width: 23.25pt; text-align: right; padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 2.5pt;">33</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt;
padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="min-width: 3.75pt; text-align: right; padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 2.5pt;">​</td>
<td style="min-width: 21pt; text-align: right; padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 2.5pt;">(3,868<font style="position: absolute;">)</font></td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
</tr>
<tr style="text-align: right; text-transform: none; font: 10pt/10pt 'times new roman', times, serif; white-space: nowrap; color: #000000; vertical-align: bottom;">
<td style="border-bottom: #ffffff 1px solid; text-align: left; padding-bottom: 1.5pt; padding-left: 0pt; width: 315.22pt; padding-right: 0pt; padding-top: 2.5pt;">
<div style="margin-left: 10pt;">Casualty Reinsurance</div>
</td>
<td style="border-bottom: #ffffff 1px solid; width: 6pt; padding: 0pt;">​</td>
<td style="border-bottom: #ffffff 1px solid; width: 6pt; padding: 0pt;">​</td>
<td style="border-bottom: #ffffff 1px solid; width: 0pt; padding: 0pt;">​</td>
<td style="border-bottom: #000000 1px solid; min-width: 3.75pt; text-align: right; padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 2.5pt;">​</td>
<td style="border-bottom: #000000 1px solid; min-width: 23.25pt; text-align: right; padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 2.5pt;">(2,558<font style="position: absolute;">)</font></td>
<td style="border-bottom: #ffffff 1px solid; width: 0pt; padding: 0pt;">​</td>
<td style="border-bottom: #ffffff 1px solid; width: 6pt; padding: 0pt;">​</td>
<td style="border-bottom: #ffffff 1px solid; width: 6pt; padding: 0pt;">​</td>
<td style="border-bottom: #ffffff 1px solid; width: 0pt; padding: 0pt;">​</td>
<td style="border-bottom: #000000 1px solid; min-width: 3.75pt; text-align: right; padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 2.5pt;">​</td>
<td style="border-bottom: #000000 1px solid; min-width: 23.25pt; text-align: right; padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 2.5pt;">667</td>
<td style="border-bottom: #ffffff 1px solid; width: 0pt; padding: 0pt;">​</td>
<td style="border-bottom: #ffffff 1px solid; width: 6pt; padding: 0pt;">​</td>
<td style="border-bottom: #ffffff 1px solid; width: 6pt; padding: 0pt;">​</td>
<td style="border-bottom: #ffffff 1px solid; width: 0pt; padding: 0pt;">​</td>
<td style="border-bottom: #000000 1px solid; min-width: 3.75pt; text-align: right; padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 2.5pt;">​</td>
<td style="border-bottom: #000000 1px solid; min-width: 21pt; text-align: right; padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 2.5pt;">(2,560<font style="position: absolute;">)</font></td>
<td style="border-bottom: #ffffff 1px solid; width: 0pt; padding: 0pt;">​</td>
<td style="border-bottom: #ffffff 1px solid; width: 0pt; padding: 0pt;">​</td>
</tr>
<tr style="text-align: right; text-transform: none; background-color: #cceeff; font: 10pt/10pt 'times new roman', times, serif; white-space: nowrap; color: #000000; vertical-align: bottom;">
<td style="text-align: left; padding-bottom: 0.5pt; padding-left: 0pt; width: 315.22pt; padding-right: 0pt; padding-top: 2.25pt;">
<div style="white-space: nowrap;">Total underwriting profit (loss) of operating segments</div>
</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="min-width: 3.75pt; text-align: right; padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 2.25pt;">​</td>
<td style="min-width: 23.25pt; text-align: right; padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 2.25pt;">46,123</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="min-width: 3.75pt; text-align: right; padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 2.25pt;">​</td>
<td style="min-width: 23.25pt; text-align: right; padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 2.25pt;">35,796</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="min-width: 3.75pt; text-align: right; padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 2.25pt;">​</td>
<td style="min-width: 21pt; text-align: right; padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 2.25pt;">37,095</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
</tr>
<tr style="text-align: right; text-transform: none; font: 10pt/10pt 'times new roman', times, serif; white-space: nowrap; color: #000000; vertical-align: bottom;">
<td style="border-bottom: #ffffff 1px solid; text-align: left; padding-bottom: 1.5pt; padding-left: 0pt; width: 315.22pt; padding-right: 0pt; padding-top: 2.5pt;">
<div style="white-space: nowrap;">Other operating expenses of the Corporate and Other segment</div>
</td>
<td style="border-bottom: #ffffff 1px solid; width: 6pt; padding: 0pt;">​</td>
<td style="border-bottom: #ffffff 1px solid; width: 6pt; padding: 0pt;">​</td>
<td style="border-bottom: #ffffff 1px solid; width: 0pt; padding: 0pt;">​</td>
<td style="border-bottom: #000000 1px solid; min-width: 3.75pt; text-align: right; padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 2.5pt;">​</td>
<td style="border-bottom: #000000 1px solid; min-width: 23.25pt; text-align: right; padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 2.5pt;">(18,554<font style="position: absolute;">)</font></td>
<td style="border-bottom: #ffffff 1px solid; width: 0pt; padding: 0pt;">​</td>
<td style="border-bottom: #ffffff 1px solid; width: 6pt; padding: 0pt;">​</td>
<td style="border-bottom: #ffffff 1px solid; width: 6pt; padding: 0pt;">​</td>
<td style="border-bottom: #ffffff 1px solid; width: 0pt; padding: 0pt;">​</td>
<td style="border-bottom: #000000 1px solid; min-width: 3.75pt; text-align: right; padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 2.5pt;">​</td>
<td style="border-bottom: #000000 1px solid; min-width: 23.25pt; text-align: right;
padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 2.5pt;">(9,124<font style="position: absolute;">)</font></td>
<td style="border-bottom: #ffffff 1px solid; width: 0pt; padding: 0pt;">​</td>
<td style="border-bottom: #ffffff 1px solid; width: 6pt; padding: 0pt;">​</td>
<td style="border-bottom: #ffffff 1px solid; width: 6pt; padding: 0pt;">​</td>
<td style="border-bottom: #ffffff 1px solid; width: 0pt; padding: 0pt;">​</td>
<td style="border-bottom: #000000 1px solid; min-width: 3.75pt; text-align: right; padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 2.5pt;">​</td>
<td style="border-bottom: #000000 1px solid; min-width: 21pt; text-align: right; padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 2.5pt;">(8,307<font style="position: absolute;">)</font></td>
<td style="border-bottom: #ffffff 1px solid; width: 0pt; padding: 0pt;">​</td>
<td style="border-bottom: #ffffff 1px solid; width: 0pt; padding: 0pt;">​</td>
</tr>
<tr style="text-align: right; text-transform: none; background-color: #cceeff; font: 10pt/10pt 'times new roman', times, serif; white-space: nowrap; color: #000000; vertical-align: bottom;">
<td style="text-align: left; padding-bottom: 0.5pt; padding-left: 0pt; width: 315.22pt; padding-right: 0pt; padding-top: 2.25pt;">
<div style="white-space: nowrap;">Underwriting profit (loss)</div>
</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="min-width: 3.75pt; text-align: right; padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 2.25pt;">​</td>
<td style="min-width: 23.25pt; text-align: right; padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 2.25pt;">27,569</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="min-width: 3.75pt; text-align: right; padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 2.25pt;">​</td>
<td style="min-width: 23.25pt; text-align: right; padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 2.25pt;">26,672</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="min-width: 3.75pt; text-align: right; padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 2.25pt;">​</td>
<td style="min-width: 21pt; text-align: right; padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 2.25pt;">28,788</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
</tr>
<tr style="text-align: right; text-transform: none; font: 10pt/10pt 'times new roman', times, serif; white-space: nowrap; color: #000000; vertical-align: bottom;">
<td style="text-align: left; padding-bottom: 0.5pt; padding-left: 0pt; width: 315.22pt; padding-right: 0pt; padding-top: 2.5pt;">
<div style="white-space: nowrap;">Net investment income</div>
</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="min-width: 3.75pt; text-align: right; padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 2.5pt;">​</td>
<td style="min-width: 23.25pt; text-align: right; padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 2.5pt;">44,835</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="min-width: 3.75pt; text-align: right; padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 2.5pt;">​</td>
<td style="min-width: 23.25pt; text-align: right; padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 2.5pt;">43,005</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="min-width: 3.75pt; text-align: right; padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 2.5pt;">​</td>
<td style="min-width: 21pt; text-align: right; padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 2.5pt;">45,373</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
</tr>
<tr style="text-align: right; text-transform: none; background-color: #cceeff; font: 10pt/10pt 'times new roman', times, serif; white-space: nowrap; color: #000000; vertical-align: bottom;">
<td style="text-align: left; padding-bottom: 0.5pt; padding-left: 0pt; width: 315.22pt; padding-right: 0pt; padding-top: 2.5pt;">
<div style="white-space: nowrap;">Net realized investment (losses) gains</div>
</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="min-width: 3.75pt; text-align: right; padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 2.5pt;">​</td>
<td style="min-width: 23.25pt; text-align: right; padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 2.5pt;">(4,547<font style="position: absolute;">)</font></td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="min-width: 3.75pt; text-align: right; padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 2.5pt;">​</td>
<td style="min-width: 23.25pt; text-align: right; padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 2.5pt;">(1,336<font style="position: absolute;">)</font></td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="min-width: 3.75pt; text-align: right; padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 2.5pt;">​</td>
<td style="min-width: 21pt; text-align: right; padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; white-space:
nowrap; padding-top: 2.5pt;">12,619</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
</tr>
<tr style="text-align: right; text-transform: none; font: 10pt/10pt 'times new roman', times, serif; white-space: nowrap; color: #000000; vertical-align: bottom;">
<td style="text-align: left; padding-bottom: 0.5pt; padding-left: 0pt; width: 315.22pt; padding-right: 0pt; padding-top: 2.5pt;">
<div style="white-space: nowrap;">Other income</div>
</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="min-width: 3.75pt; text-align: right; padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 2.5pt;">​</td>
<td style="min-width: 23.25pt; text-align: right; padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 2.5pt;">245</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="min-width: 3.75pt; text-align: right; padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 2.5pt;">​</td>
<td style="min-width: 23.25pt; text-align: right; padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 2.5pt;">239</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="min-width: 3.75pt; text-align: right; padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 2.5pt;">​</td>
<td style="min-width: 21pt; text-align: right; padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 2.5pt;">222</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
</tr>
<tr style="text-align: right; text-transform: none; background-color: #cceeff; font: 10pt/10pt 'times new roman', times, serif; white-space: nowrap; color: #000000; vertical-align: bottom;">
<td style="text-align: left; padding-bottom: 0.5pt; padding-left: 0pt; width: 315.22pt; padding-right: 0pt; padding-top: 2.5pt;">
<div style="white-space: nowrap;">Other expenses</div>
</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="min-width: 3.75pt; text-align: right; padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 2.5pt;">​</td>
<td style="min-width: 23.25pt; text-align: right; padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 2.5pt;">(730<font style="position: absolute;">)</font></td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="min-width: 3.75pt; text-align: right; padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 2.5pt;">​</td>
<td style="min-width: 23.25pt; text-align: right; padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 2.5pt;">(16,012<font style="position: absolute;">)</font></td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="min-width: 3.75pt; text-align: right; padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 2.5pt;">​</td>
<td style="min-width: 21pt; text-align: right; padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 2.5pt;">(677<font style="position: absolute;">)</font></td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
</tr>
<tr style="text-align: right; text-transform: none; font: 10pt/10pt 'times new roman', times, serif; white-space: nowrap; color: #000000; vertical-align: bottom;">
<td style="text-align: left; padding-bottom: 0.5pt; padding-left: 0pt; width: 315.22pt; padding-right: 0pt; padding-top: 2.5pt;">
<div style="white-space: nowrap;">Interest expense</div>
</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="min-width: 3.75pt; text-align: right; padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 2.5pt;">​</td>
<td style="min-width: 23.25pt; text-align: right; padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 2.5pt;">(6,999<font style="position: absolute;">)</font></td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="min-width: 3.75pt; text-align: right; padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 2.5pt;">​</td>
<td style="min-width: 23.25pt; text-align: right; padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 2.5pt;">(6,347<font style="position: absolute;">)</font></td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="min-width: 3.75pt; text-align: right; padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 2.5pt;">​</td>
<td style="min-width: 21pt; text-align: right; padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 2.5pt;">(6,777<font style="position: absolute;">)</font></td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
</tr>
<tr style="text-align: right; text-transform: none; background-color: #cceeff; font: 10pt/10pt 'times new roman', times, serif; white-space: nowrap; color: #000000; vertical-align: bottom;">
<td style="border-bottom: #cceeff 1px solid; text-align: left; padding-bottom: 1.5pt; padding-left: 0pt; width: 315.22pt; padding-right: 0pt; padding-top: 2.5pt;">
<div style="white-space: nowrap;">Amortization of intangible assets</div>
</td>
<td style="border-bottom: #cceeff 1px solid; width: 6pt; padding: 0pt;">​</td>
<td style="border-bottom: #cceeff 1px solid; width: 6pt; padding: 0pt;">​</td>
<td style="border-bottom: #cceeff 1px solid; width: 0pt; padding: 0pt;">​</td>
<td style="border-bottom:
#000000 1px solid; min-width: 3.75pt; text-align: right; padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 2.5pt;">​</td>
<td style="border-bottom: #000000 1px solid; min-width: 23.25pt; text-align: right; padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 2.5pt;">(597<font style="position: absolute;">)</font></td>
<td style="border-bottom: #cceeff 1px solid; width: 0pt; padding: 0pt;">​</td>
<td style="border-bottom: #cceeff 1px solid; width: 6pt; padding: 0pt;">​</td>
<td style="border-bottom: #cceeff 1px solid; width: 6pt; padding: 0pt;">​</td>
<td style="border-bottom: #cceeff 1px solid; width: 0pt; padding: 0pt;">​</td>
<td style="border-bottom: #000000 1px solid; min-width: 3.75pt; text-align: right; padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 2.5pt;">​</td>
<td style="border-bottom: #000000 1px solid; min-width: 23.25pt; text-align: right; padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 2.5pt;">(597<font style="position: absolute;">)</font></td>
<td style="border-bottom: #cceeff 1px solid; width: 0pt; padding: 0pt;">​</td>
<td style="border-bottom: #cceeff 1px solid; width: 6pt; padding: 0pt;">​</td>
<td style="border-bottom: #cceeff 1px solid; width: 6pt; padding: 0pt;">​</td>
<td style="border-bottom: #cceeff 1px solid; width: 0pt; padding: 0pt;">​</td>
<td style="border-bottom: #000000 1px solid; min-width: 3.75pt; text-align: right; padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 2.5pt;">​</td>
<td style="border-bottom: #000000 1px solid; min-width: 21pt; text-align: right; padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 2.5pt;">(2,470<font style="position: absolute;">)</font></td>
<td style="border-bottom: #cceeff 1px solid; width: 0pt; padding: 0pt;">​</td>
<td style="border-bottom: #cceeff 1px solid; width: 0pt; padding: 0pt;">​</td>
</tr>
<tr style="text-align: right; text-transform: none; font: 10pt/10pt 'times new roman', times, serif; white-space: nowrap; color: #000000; vertical-align: bottom;">
<td style="text-align: left; padding-bottom: 2.75pt; padding-left: 0pt; width: 315.22pt; padding-right: 0pt; padding-top: 2.25pt;">
<div style="white-space: nowrap;">Income before income taxes</div>
</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="border-bottom: #000000 3px double; min-width: 3.75pt; text-align: right; padding-bottom: 2pt; padding-left: 0pt; padding-right: 0pt; padding-top: 2.25pt;">$</td>
<td style="border-bottom: #000000 3px double; min-width: 23.25pt; text-align: right; padding-bottom: 2pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 2.25pt;">59,776</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="border-bottom: #000000 3px double; min-width: 3.75pt; text-align: right; padding-bottom: 2pt; padding-left: 0pt; padding-right: 0pt; padding-top: 2.25pt;">$</td>
<td style="border-bottom: #000000 3px double; min-width: 23.25pt; text-align: right; padding-bottom: 2pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 2.25pt;">45,624</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="border-bottom: #000000 3px double; min-width: 3.75pt; text-align: right; padding-bottom: 2pt; padding-left: 0pt; padding-right: 0pt; padding-top: 2.25pt;">$</td>
<td style="border-bottom: #000000 3px double; min-width: 21pt; text-align: right; padding-bottom: 2pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 2.25pt;">77,078</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
</tr>
<tr style="line-height: 5pt; height: 5pt;">
<td style="line-height: 0pt; font-size: 0pt; padding: 0pt;" colspan="23">​</td>
</tr>
</table>
<div style="widows: 1; text-transform: none; margin-top: 9.01pt; text-indent: 20pt; font: 13px/12pt 'times new roman', times, serif; white-space: normal; letter-spacing: normal; color: #000000; word-spacing: 0px; -webkit-text-stroke-width: 0px;">The Company currently has 14 underwriting divisions, including 12 in the Excess and Surplus Lines segment, one in the Specialty Admitted Insurance segment, and one in the Casualty Reinsurance segment. Each underwriting division focuses on a specific industry group or coverage.</div>
<div style="widows: 1; text-transform: none; margin-top: 5.81pt; text-indent: 0px; width: 436pt; font: 13px/12pt 'times new roman', times, serif; white-space: normal; letter-spacing: normal; color: #000000; margin-left: 20pt; word-spacing: 0px; -webkit-text-stroke-width: 0px;">Gross written premiums by segment and underwriting division are presented below:</div>
<table align="center" style="widows: 1; text-transform: none; margin-top: 8pt; text-indent: 0px; width: 100%; border-collapse: collapse; font: 13px 'times new roman', times, serif; white-space: normal; letter-spacing: normal; height: 240px; color: #000000; word-spacing: 0px; -webkit-text-stroke-width: 0px;" border="0">
<tr style="text-align: left; text-transform: none; font: bold 8pt/8pt 'times new roman', times, serif; white-space: nowrap; color: #000000; vertical-align: bottom;">
<td style="border-bottom: #ffffff 1px solid; padding-bottom: 0.5pt; padding-left: 0pt; width: 306.88pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="border-bottom: #ffffff 1px solid; width: 6pt; padding: 0pt;">​</td>
<td style="border-bottom: #ffffff 1px solid; width: 6pt; padding: 0pt;">​</td>
<td style="border-bottom: #000000 1px solid; text-align: center; padding-bottom: 1.5pt; padding-left: 0pt; width: 0pt; padding-right: 0pt; padding-top: 0pt;" colspan="16">
<div style="text-align: center; white-space: nowrap;">Year Ended December 31,</div>
</td>
<td style="border-bottom: #ffffff 1px solid; width: 0pt; padding: 0pt;">​</td>
</tr>
<tr style="text-align: center; text-transform: none; font: bold 8pt/8pt 'times new roman', times, serif; white-space: nowrap; color: #000000; vertical-align: bottom;">
<td style="border-bottom: #ffffff 1px solid; text-align: left; padding-bottom: 0.5pt; padding-left: 0pt; width: 306.88pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="border-bottom: #ffffff 1px solid; width: 6pt; padding: 0pt;">​</td>
<td style="border-bottom: #ffffff 1px solid; width: 6pt; padding: 0pt;">​</td>
<td style="border-bottom: #000000
1px solid; padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 2.25pt;" colspan="4">
<div style="text-align: center; white-space: nowrap;">2015</div>
</td>
<td style="border-bottom: #ffffff 1px solid; width: 6pt; padding: 0pt;">​</td>
<td style="border-bottom: #ffffff 1px solid; width: 6pt; padding: 0pt;">​</td>
<td style="border-bottom: #000000 1px solid; padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 2.25pt;" colspan="4">
<div style="text-align: center; white-space: nowrap;">2014</div>
</td>
<td style="border-bottom: #ffffff 1px solid; width: 6pt; padding: 0pt;">​</td>
<td style="border-bottom: #ffffff 1px solid; width: 6pt; padding: 0pt;">​</td>
<td style="border-bottom: #000000 1px solid; padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 2.25pt;" colspan="4">
<div style="text-align: center; white-space: nowrap;">2013</div>
</td>
<td style="border-bottom: #ffffff 1px solid; width: 0pt; padding: 0pt;">​</td>
</tr>
<tr style="text-align: left; text-transform: none; font: bold italic 8pt/8pt 'times new roman', times, serif; white-space: nowrap; color: #000000; vertical-align: bottom;">
<td style="padding-bottom: 0.5pt; padding-left: 0pt; width: 306.88pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="text-align: center; padding-bottom: 0.5pt; padding-left: 0pt; width: 0pt; padding-right: 0pt; padding-top: 2.25pt;" colspan="16">
<div style="text-align: center; white-space: nowrap;">(in thousands)</div>
</td>
<td style="width: 0pt; padding: 0pt;">​</td>
</tr>
<tr style="text-align: right; text-transform: none; background-color: #cceeff; font: 10pt/10pt 'times new roman', times, serif; white-space: nowrap; color: #000000; vertical-align: bottom;">
<td style="text-align: left; padding-bottom: 0.5pt; padding-left: 0pt; width: 306.88pt; padding-right: 0pt; padding-top: 2.5pt;">
<div style="white-space: nowrap;">Manufacturers and Contractors</div>
</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="min-width: 3.75pt; text-align: right; padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 2.5pt;">$</td>
<td style="min-width: 24.75pt; text-align: right; padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 2.5pt;">78,315</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="min-width: 3.75pt; text-align: right; padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 2.5pt;">$</td>
<td style="min-width: 24.75pt; text-align: right; padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 2.5pt;">72,063</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="min-width: 3.75pt; text-align: right; padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 2.5pt;">$</td>
<td style="min-width: 24.75pt; text-align: right; padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 2.5pt;">58,509</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
</tr>
<tr style="text-align: right; text-transform: none; font: 10pt/10pt 'times new roman', times, serif; white-space: nowrap; color: #000000; vertical-align: bottom;">
<td style="text-align: left; padding-bottom: 0.5pt; padding-left: 0pt; width: 306.88pt; padding-right: 0pt; padding-top: 2.5pt;">
<div style="white-space: nowrap;">Excess Casualty</div>
</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="min-width: 3.75pt; text-align: right; padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 2.5pt;">​</td>
<td style="min-width: 24.75pt; text-align: right; padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 2.5pt;">32,458</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="min-width: 3.75pt; text-align: right; padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 2.5pt;">​</td>
<td style="min-width: 24.75pt; text-align: right; padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 2.5pt;">31,688</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="min-width: 3.75pt; text-align: right; padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 2.5pt;">​</td>
<td style="min-width: 24.75pt; text-align: right; padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 2.5pt;">32,489</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
</tr>
<tr style="text-align: right; text-transform: none; background-color: #cceeff; font: 10pt/10pt 'times new roman', times, serif; white-space: nowrap; color: #000000; vertical-align: bottom;">
<td style="text-align: left; padding-bottom: 0.5pt; padding-left: 0pt; width: 306.88pt; padding-right: 0pt; padding-top: 2.5pt;">
<div style="white-space: nowrap;">Allied Health</div>
</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="min-width: 3.75pt; text-align: right; padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 2.5pt;">​</td>
<td style="min-width: 24.75pt; text-align: right; padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 2.5pt;">13,513</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="min-width: 3.75pt; text-align: right; padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 2.5pt;">​</td>
<td style="min-width: 24.75pt; text-align: right; padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top:
2.5pt;">9,707</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="min-width: 3.75pt; text-align: right; padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 2.5pt;">​</td>
<td style="min-width: 24.75pt; text-align: right; padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 2.5pt;">9,148</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
</tr>
<tr style="text-align: right; text-transform: none; font: 10pt/10pt 'times new roman', times, serif; white-space: nowrap; color: #000000; vertical-align: bottom;">
<td style="text-align: left; padding-bottom: 0.5pt; padding-left: 0pt; width: 306.88pt; padding-right: 0pt; padding-top: 2.5pt;">
<div style="white-space: nowrap;">General Casualty</div>
</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="min-width: 3.75pt; text-align: right; padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 2.5pt;">​</td>
<td style="min-width: 24.75pt; text-align: right; padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 2.5pt;">104,742</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="min-width: 3.75pt; text-align: right; padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 2.5pt;">​</td>
<td style="min-width: 24.75pt; text-align: right; padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 2.5pt;">60,458</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="min-width: 3.75pt; text-align: right; padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 2.5pt;">​</td>
<td style="min-width: 24.75pt; text-align: right; padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 2.5pt;">22,636</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
</tr>
<tr style="text-align: right; text-transform: none; background-color: #cceeff; font: 10pt/10pt 'times new roman', times, serif; white-space: nowrap; color: #000000; vertical-align: bottom;">
<td style="text-align: left; padding-bottom: 0.5pt; padding-left: 0pt; width: 306.88pt; padding-right: 0pt; padding-top: 2.5pt;">
<div style="white-space: nowrap;">Professional Liability</div>
</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="min-width: 3.75pt; text-align: right; padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 2.5pt;">​</td>
<td style="min-width: 24.75pt; text-align: right; padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 2.5pt;">10,046</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="min-width: 3.75pt; text-align: right; padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 2.5pt;">​</td>
<td style="min-width: 24.75pt; text-align: right; padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 2.5pt;">10,784</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="min-width: 3.75pt; text-align: right; padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 2.5pt;">​</td>
<td style="min-width: 24.75pt; text-align: right; padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 2.5pt;">10,695</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
</tr>
<tr style="text-align: right; text-transform: none; font: 10pt/10pt 'times new roman', times, serif; white-space: nowrap; color: #000000; vertical-align: bottom;">
<td style="text-align: left; padding-bottom: 0.5pt; padding-left: 0pt; width: 306.88pt; padding-right: 0pt; padding-top: 2.5pt;">
<div style="white-space: nowrap;">Energy</div>
</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="min-width: 3.75pt; text-align: right; padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 2.5pt;">​</td>
<td style="min-width: 24.75pt; text-align: right; padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 2.5pt;">30,623</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="min-width: 3.75pt; text-align: right; padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 2.5pt;">​</td>
<td style="min-width: 24.75pt; text-align: right; padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 2.5pt;">28,980</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="min-width: 3.75pt; text-align: right; padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 2.5pt;">​</td>
<td style="min-width: 24.75pt; text-align: right; padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 2.5pt;">21,400</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
</tr>
<tr style="text-align: right; text-transform: none; background-color: #cceeff; font: 10pt/10pt 'times new roman', times, serif; white-space: nowrap; color: #000000; vertical-align: bottom;">
<td style="text-align: left; padding-bottom: 0.5pt; padding-left: 0pt; width: 306.88pt; padding-right: 0pt; padding-top: 2.5pt;">
<div style="white-space: nowrap;">Excess Property</div>
</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt;
padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="min-width: 3.75pt; text-align: right; padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 2.5pt;">​</td>
<td style="min-width: 24.75pt; text-align: right; padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 2.5pt;">12,498</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="min-width: 3.75pt; text-align: right; padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 2.5pt;">​</td>
<td style="min-width: 24.75pt; text-align: right; padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 2.5pt;">11,795</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="min-width: 3.75pt; text-align: right; padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 2.5pt;">​</td>
<td style="min-width: 24.75pt; text-align: right; padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 2.5pt;">10,988</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
</tr>
<tr style="text-align: right; text-transform: none; font: 10pt/10pt 'times new roman', times, serif; white-space: nowrap; color: #000000; vertical-align: bottom;">
<td style="text-align: left; padding-bottom: 0.5pt; padding-left: 0pt; width: 306.88pt; padding-right: 0pt; padding-top: 2.5pt;">
<div style="white-space: nowrap;">Medical Professionals</div>
</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="min-width: 3.75pt; text-align: right; padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 2.5pt;">​</td>
<td style="min-width: 24.75pt; text-align: right; padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 2.5pt;">3,585</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="min-width: 3.75pt; text-align: right; padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 2.5pt;">​</td>
<td style="min-width: 24.75pt; text-align: right; padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 2.5pt;">3,922</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="min-width: 3.75pt; text-align: right; padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 2.5pt;">​</td>
<td style="min-width: 24.75pt; text-align: right; padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 2.5pt;">4,492</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
</tr>
<tr style="text-align: right; text-transform: none; background-color: #cceeff; font: 10pt/10pt 'times new roman', times, serif; white-space: nowrap; color: #000000; vertical-align: bottom;">
<td style="text-align: left; padding-bottom: 0.5pt; padding-left: 0pt; width: 306.88pt; padding-right: 0pt; padding-top: 2.5pt;">
<div style="white-space: nowrap;">Life Sciences</div>
</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="min-width: 3.75pt; text-align: right; padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 2.5pt;">​</td>
<td style="min-width: 24.75pt; text-align: right; padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 2.5pt;">8,917</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="min-width: 3.75pt; text-align: right; padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 2.5pt;">​</td>
<td style="min-width: 24.75pt; text-align: right; padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 2.5pt;">10,155</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="min-width: 3.75pt; text-align: right; padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 2.5pt;">​</td>
<td style="min-width: 24.75pt; text-align: right; padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 2.5pt;">9,978</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
</tr>
<tr style="text-align: right; text-transform: none; font: 10pt/10pt 'times new roman', times, serif; white-space: nowrap; color: #000000; vertical-align: bottom;">
<td style="text-align: left; padding-bottom: 0.5pt; padding-left: 0pt; width: 306.88pt; padding-right: 0pt; padding-top: 2.5pt;">
<div style="white-space: nowrap;">Environmental</div>
</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="min-width: 3.75pt; text-align: right; padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 2.5pt;">​</td>
<td style="min-width: 24.75pt; text-align: right; padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 2.5pt;">4,437</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="min-width: 3.75pt; text-align: right; padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 2.5pt;">​</td>
<td style="min-width: 24.75pt; text-align: right; padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 2.5pt;">3,431</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding:
0pt;">​</td>
<td style="min-width: 3.75pt; text-align: right; padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 2.5pt;">​</td>
<td style="min-width: 24.75pt; text-align: right; padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 2.5pt;">2,557</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
</tr>
<tr style="text-align: right; text-transform: none; background-color: #cceeff; font: 10pt/10pt 'times new roman', times, serif; white-space: nowrap; color: #000000; vertical-align: bottom;">
<td style="text-align: left; padding-bottom: 0.5pt; padding-left: 0pt; width: 306.88pt; padding-right: 0pt; padding-top: 2.5pt;">
<div style="white-space: nowrap;">Sports and Entertainment</div>
</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="min-width: 3.75pt; text-align: right; padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 2.5pt;">​</td>
<td style="min-width: 24.75pt; text-align: right; padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 2.5pt;">2,667</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="min-width: 3.75pt; text-align: right; padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 2.5pt;">​</td>
<td style="min-width: 24.75pt; text-align: right; padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 2.5pt;">2,753</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="min-width: 3.75pt; text-align: right; padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 2.5pt;">​</td>
<td style="min-width: 24.75pt; text-align: right; padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 2.5pt;">3,189</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
</tr>
<tr style="text-align: right; text-transform: none; font: 10pt/10pt 'times new roman', times, serif; white-space: nowrap; color: #000000; vertical-align: bottom;">
<td style="border-bottom: #ffffff 1px solid; text-align: left; padding-bottom: 1.5pt; padding-left: 0pt; width: 306.88pt; padding-right: 0pt; padding-top: 2.5pt;">
<div style="white-space: nowrap;">Small Business</div>
</td>
<td style="border-bottom: #ffffff 1px solid; width: 6pt; padding: 0pt;">​</td>
<td style="border-bottom: #ffffff 1px solid; width: 6pt; padding: 0pt;">​</td>
<td style="border-bottom: #ffffff 1px solid; width: 0pt; padding: 0pt;">​</td>
<td style="border-bottom: #000000 1px solid; min-width: 3.75pt; text-align: right; padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 2.5pt;">​</td>
<td style="border-bottom: #000000 1px solid; min-width: 24.75pt; text-align: right; padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 2.5pt;">6,916</td>
<td style="border-bottom: #ffffff 1px solid; width: 0pt; padding: 0pt;">​</td>
<td style="border-bottom: #ffffff 1px solid; width: 6pt; padding: 0pt;">​</td>
<td style="border-bottom: #ffffff 1px solid; width: 6pt; padding: 0pt;">​</td>
<td style="border-bottom: #ffffff 1px solid; width: 0pt; padding: 0pt;">​</td>
<td style="border-bottom: #000000 1px solid; min-width: 3.75pt; text-align: right; padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 2.5pt;">​</td>
<td style="border-bottom: #000000 1px solid; min-width: 24.75pt; text-align: right; padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 2.5pt;">6,971</td>
<td style="border-bottom: #ffffff 1px solid; width: 0pt; padding: 0pt;">​</td>
<td style="border-bottom: #ffffff 1px solid; width: 6pt; padding: 0pt;">​</td>
<td style="border-bottom: #ffffff 1px solid; width: 6pt; padding: 0pt;">​</td>
<td style="border-bottom: #ffffff 1px solid; width: 0pt; padding: 0pt;">​</td>
<td style="border-bottom: #000000 1px solid; min-width: 3.75pt; text-align: right; padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 2.5pt;">​</td>
<td style="border-bottom: #000000 1px solid; min-width: 24.75pt; text-align: right; padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 2.5pt;">6,313</td>
<td style="border-bottom: #ffffff 1px solid; width: 0pt; padding: 0pt;">​</td>
<td style="border-bottom: #ffffff 1px solid; width: 0pt; padding: 0pt;">​</td>
</tr>
<tr style="text-align: right; text-transform: none; background-color: #cceeff; font: 10pt/10pt 'times new roman', times, serif; white-space: nowrap; color: #000000; vertical-align: bottom;">
<td style="text-align: left; padding-bottom: 0.5pt; padding-left: 0pt; width: 306.88pt; padding-right: 0pt; padding-top: 2.25pt;">
<div style="white-space: nowrap;">Total Excess and Surplus Lines segment</div>
</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="min-width: 3.75pt; text-align: right; padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 2.25pt;">​</td>
<td style="min-width: 24.75pt; text-align: right; padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 2.25pt;">308,717</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="min-width: 3.75pt; text-align: right; padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 2.25pt;">​</td>
<td style="min-width: 24.75pt; text-align: right; padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 2.25pt;">252,707</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="min-width: 3.75pt; text-align: right; padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 2.25pt;">​</td>
<td style="min-width: 24.75pt; text-align: right; padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 2.25pt;">192,394</td>
<td style="width: 0pt;
padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
</tr>
<tr style="text-align: right; text-transform: none; font: 10pt/10pt 'times new roman', times, serif; white-space: nowrap; color: #000000; vertical-align: bottom;">
<td style="text-align: left; padding-bottom: 0.5pt; padding-left: 0pt; width: 306.88pt; padding-right: 0pt; padding-top: 2.5pt;">
<div style="white-space: nowrap;">Specialty Admitted Insurance segment</div>
</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="min-width: 3.75pt; text-align: right; padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 2.5pt;">​</td>
<td style="min-width: 24.75pt; text-align: right; padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 2.5pt;">90,978</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="min-width: 3.75pt; text-align: right; padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 2.5pt;">​</td>
<td style="min-width: 24.75pt; text-align: right; padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 2.5pt;">59,380</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="min-width: 3.75pt; text-align: right; padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 2.5pt;">​</td>
<td style="min-width: 24.75pt; text-align: right; padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 2.5pt;">20,594</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
</tr>
<tr style="text-align: right; text-transform: none; background-color: #cceeff; font: 10pt/10pt 'times new roman', times, serif; white-space: nowrap; color: #000000; vertical-align: bottom;">
<td style="border-bottom: #cceeff 1px solid; text-align: left; padding-bottom: 1.5pt; padding-left: 0pt; width: 306.88pt; padding-right: 0pt; padding-top: 2.5pt;">
<div style="white-space: nowrap;">Casualty Reinsurance segment</div>
</td>
<td style="border-bottom: #cceeff 1px solid; width: 6pt; padding: 0pt;">​</td>
<td style="border-bottom: #cceeff 1px solid; width: 6pt; padding: 0pt;">​</td>
<td style="border-bottom: #cceeff 1px solid; width: 0pt; padding: 0pt;">​</td>
<td style="border-bottom: #000000 1px solid; min-width: 3.75pt; text-align: right; padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 2.5pt;">​</td>
<td style="border-bottom: #000000 1px solid; min-width: 24.75pt; text-align: right; padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 2.5pt;">172,499</td>
<td style="border-bottom: #cceeff 1px solid; width: 0pt; padding: 0pt;">​</td>
<td style="border-bottom: #cceeff 1px solid; width: 6pt; padding: 0pt;">​</td>
<td style="border-bottom: #cceeff 1px solid; width: 6pt; padding: 0pt;">​</td>
<td style="border-bottom: #cceeff 1px solid; width: 0pt; padding: 0pt;">​</td>
<td style="border-bottom: #000000 1px solid; min-width: 3.75pt; text-align: right; padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 2.5pt;">​</td>
<td style="border-bottom: #000000 1px solid; min-width: 24.75pt; text-align: right; padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 2.5pt;">206,680</td>
<td style="border-bottom: #cceeff 1px solid; width: 0pt; padding: 0pt;">​</td>
<td style="border-bottom: #cceeff 1px solid; width: 6pt; padding: 0pt;">​</td>
<td style="border-bottom: #cceeff 1px solid; width: 6pt; padding: 0pt;">​</td>
<td style="border-bottom: #cceeff 1px solid; width: 0pt; padding: 0pt;">​</td>
<td style="border-bottom: #000000 1px solid; min-width: 3.75pt; text-align: right; padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 2.5pt;">​</td>
<td style="border-bottom: #000000 1px solid; min-width: 24.75pt; text-align: right; padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 2.5pt;">155,530</td>
<td style="border-bottom: #cceeff 1px solid; width: 0pt; padding: 0pt;">​</td>
<td style="border-bottom: #cceeff 1px solid; width: 0pt; padding: 0pt;">​</td>
</tr>
<tr style="text-align: right; text-transform: none; font: 10pt/10pt 'times new roman', times, serif; white-space: nowrap; color: #000000; vertical-align: bottom;">
<td style="text-align: left; padding-bottom: 2.75pt; padding-left: 0pt; width: 306.88pt; padding-right: 0pt; padding-top: 2.25pt;">
<div style="margin-left: 10pt;">Total</div>
</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="border-bottom: #000000 3px double; min-width: 3.75pt; text-align: right; padding-bottom: 2pt; padding-left: 0pt; padding-right: 0pt; padding-top: 2.25pt;">$</td>
<td style="border-bottom: #000000 3px double; min-width: 24.75pt; text-align: right; padding-bottom: 2pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 2.25pt;">572,194</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="border-bottom: #000000 3px double; min-width: 3.75pt; text-align: right; padding-bottom: 2pt; padding-left: 0pt; padding-right: 0pt; padding-top: 2.25pt;">$</td>
<td style="border-bottom: #000000 3px double; min-width: 24.75pt; text-align: right; padding-bottom: 2pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 2.25pt;">518,767</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="border-bottom: #000000 3px double; min-width: 3.75pt; text-align: right; padding-bottom: 2pt; padding-left: 0pt; padding-right: 0pt; padding-top: 2.25pt;">$</td>
<td style="border-bottom: #000000 3px double; min-width: 24.75pt; text-align: right; padding-bottom: 2pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 2.25pt;">368,518</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
</tr>
<tr style="line-height: 5pt; height: 5pt;">
<td style="line-height: 0pt; font-size: 0pt; padding: 0pt;"
colspan="23">​</td>
</tr>
</table>
<div style="widows: 1; text-transform: none; margin-top: 8.82pt; text-indent: 20pt; font: 13px/12pt 'times new roman', times, serif; white-space: normal; letter-spacing: normal; color: #000000; word-spacing: 0px; -webkit-text-stroke-width: 0px;">The Company does business with two brokers that generated $87.9 million and $42.0 million of gross written premiums for the Excess and Surplus Lines segment for the year ended December 31, 2015, representing 15.4% (BB&T Insurance Services) and 7.3% of consolidated gross written premiums and 28.5% and 13.6% of the Excess and Surplus Lines segment’s gross written premiums, respectively. The Company has agency contracts with various branches within the aforementioned brokers. No other broker generated 10.0% or more of the gross written premiums for the Excess and Surplus Lines segment for the year ended December 31, 2015.
<div style="widows: 1; text-transform: none; margin-top: 6pt; text-indent: 20pt; font: 13px/12pt 'times new roman', times, serif; white-space: normal; letter-spacing: normal; color: #000000; word-spacing: 0px; -webkit-text-stroke-width: 0px;">The Company does business with two agencies that generated $15.4 million and $14.3 million of gross written premiums for the Specialty Admitted Insurance segment for the year ended December 31, 2015, representing 2.7% and 2.5% of the consolidated gross written premiums and 16.9% and 15.7% of the Specialty Admitted Insurance segment’s gross written premiums. No other agency generated 10.0% or more of the gross written premiums for the Specialty Admitted Insurance segment for the year ended December 31, 2015.</div>
<div style="widows: 1; text-transform: none; margin-top: 6pt; text-indent: 20pt; font: 13px/12pt 'times new roman', times, serif; white-space: normal; letter-spacing: normal; color: #000000; word-spacing: 0px; -webkit-text-stroke-width: 0px;">The Company does business with two brokers that generated $84.9 million and $27.4 million of gross written premiums for the Casualty Reinsurance segment for the year ended December 31, 2015, representing 14.8% (Atlantic Intermediaries) and 4.8% of consolidated gross written premiums and 49.2% and 15.9% of the Casualty Reinsurance segment’s gross written premiums, respectively. No other broker generated 10.0% or more of the gross written premiums for the Casualty Reinsurance segment for the year ended December 31, 2015. The Casualty Reinsurance segment assumed business from four unaffiliated ceding companies that generated $79.3 million, $29.9 million, $24.8 million, and $20.2 million of gross written premiums for the year ended December 31, 2015, representing 13.9% (State National Insurance Company), 5.2%, 4.3%, and 3.5% of consolidated gross written premiums and 45.9%, 17.3%, 14.4%, and 11.7% of the Casualty Reinsurance segment’s gross written premiums, respectively.</div>
</div>
</div>
</div>
</div>
<div style="text-align: left; widows: 1; text-transform: none; margin-top: pt; text-indent: 0px; font: bold 13px/11pt 'times new roman', times, serif; white-space: normal; margin-bottom: 0pt; float: left; letter-spacing: normal; color: #000000; word-spacing: 0px; -webkit-text-stroke-width: 0px;">14. Other Operating Expenses and Other Expenses</div>
<div style="widows: 1; text-transform: none; text-indent: 0px; margin: 0pt; font: 0pt/0pt 'times new roman', times, serif; white-space: normal; letter-spacing: normal; color: #000000; clear: both; word-spacing: 0px; -webkit-text-stroke-width: 0px; padding: 0pt;">​</div>
<div style="widows: 1; text-transform: none; margin-top: 6pt; text-indent: 0px; width: 436pt; font: 13px/12pt 'times new roman', times, serif; white-space: normal; letter-spacing: normal; color: #000000; margin-left: 20pt; word-spacing: 0px; -webkit-text-stroke-width: 0px;">Other operating expenses consist of the following:</div>
<table align="center" style="widows: 1; text-transform: none; margin-top: 8pt; text-indent: 0px; width: 100%; border-collapse: collapse; font: 13px 'times new roman', times, serif; white-space: normal; letter-spacing: normal; height: 95px; color: #000000; word-spacing: 0px; -webkit-text-stroke-width: 0px;" border="0">
<tr style="text-align: left; text-transform: none; font: bold 8pt/8pt 'times new roman', times, serif; white-space: nowrap; color: #000000; vertical-align: bottom;">
<td style="border-bottom: #ffffff 1px solid; padding-bottom: 0.5pt; padding-left: 0pt; width: 275.88pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="border-bottom: #ffffff 1px solid; width: 4.5pt; padding: 0pt;">​</td>
<td style="border-bottom: #ffffff 1px solid; width: 4.5pt; padding: 0pt;">​</td>
<td style="border-bottom: #000000 1px solid; text-align: center; padding-bottom: 2.5pt; padding-left: 0pt; width: 0pt; padding-right: 0pt; padding-top: 0pt;" colspan="16">
<div style="text-align: center; white-space: nowrap;">Year Ended December 31,</div>
</td>
<td style="border-bottom: #ffffff 1px solid; width: 0pt; padding: 0pt;">​</td>
</tr>
<tr style="text-align: center; text-transform: none; font: bold 8pt/8pt 'times new roman', times, serif; white-space: nowrap; color: #000000; vertical-align: bottom;">
<td style="border-bottom: #ffffff 1px solid; text-align: left; padding-bottom: 0.5pt; padding-left: 0pt; width: 275.88pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="border-bottom: #ffffff 1px solid; width: 4.5pt; padding: 0pt;">​</td>
<td style="border-bottom: #ffffff 1px solid; width: 4.5pt; padding: 0pt;">​</td>
<td style="border-bottom: #000000 1px solid; padding-bottom: 2.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.25pt;" colspan="4">
<div style="text-align: center; white-space: nowrap;">2015</div>
</td>
<td style="border-bottom: #ffffff 1px solid; width: 4.5pt; padding: 0pt;">​</td>
<td style="border-bottom: #ffffff 1px solid; width: 4.5pt; padding: 0pt;">​</td>
<td style="border-bottom: #000000 1px solid; padding-bottom: 2.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.25pt;" colspan="4">
<div style="text-align: center; white-space: nowrap;">2014</div>
</td>
<td style="border-bottom: #ffffff 1px solid; width: 4.5pt; padding: 0pt;">​</td>
<td style="border-bottom: #ffffff 1px solid; width: 4.5pt; padding: 0pt;">​</td>
<td style="border-bottom: #000000 1px solid; padding-bottom: 2.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.25pt;" colspan="4">
<div style="text-align: center; white-space: nowrap;">2013</div>
</td>
<td style="border-bottom: #ffffff 1px solid; width: 0pt; padding: 0pt;">​</td>
</tr>
<tr style="text-align: left; text-transform: none; font: bold italic 8pt/8pt 'times new roman', times, serif; white-space: nowrap; color: #000000; vertical-align: bottom;">
<td style="padding-bottom: 0.5pt; padding-left: 0pt; width: 275.88pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="width: 4.5pt; padding: 0pt;">​</td>
<td style="width: 4.5pt; padding: 0pt;">​</td>
<td style="text-align: center; padding-bottom: 0.5pt; padding-left: 0pt; width: 0pt; padding-right: 0pt; padding-top: 3.25pt;" colspan="16">
<div style="text-align: center; white-space: nowrap;">(in thousands)</div>
</td>
<td style="width: 0pt; padding: 0pt;">​</td>
</tr>
<tr style="text-align: right; text-transform: none; background-color: #cceeff; font: 10pt/10pt 'times new roman', times, serif; white-space: nowrap; color: #000000; vertical-align: bottom;">
<td style="text-align: left; padding-bottom: 1.5pt; padding-left: 0pt; width: 275.88pt; padding-right: 0pt; padding-top: 3.5pt;">
<div style="white-space: nowrap;">Amortization of policy acquisition costs</div>
</td>
<td style="width: 4.5pt; padding: 0pt;">​</td>
<td style="width: 4.5pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="min-width: 3.75pt; text-align: right; padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.5pt;">$</td>
<td style="min-width: 24.75pt; text-align: right; padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3.5pt;">97,750</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="width: 4.5pt; padding: 0pt;">​</td>
<td style="width: 4.5pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="min-width: 3.75pt; text-align: right; padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.5pt;">$</td>
<td style="min-width: 24.75pt; text-align: right; padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3.5pt;">85,183</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="width: 4.5pt; padding: 0pt;">​</td>
<td style="width: 4.5pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="min-width: 3.75pt; text-align: right; padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.5pt;">$</td>
<td style="min-width: 24.75pt; text-align: right; padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3.5pt;">71,648</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
</tr>
<tr style="text-align: right; text-transform: none; font: 10pt/10pt 'times new roman', times, serif; white-space: nowrap; color: #000000; vertical-align: bottom;">
<td style="text-align: left; padding-bottom: 1.5pt; padding-left: 0pt; width: 275.88pt; padding-right: 0pt; padding-top: 3.5pt;">
<div style="white-space: nowrap;">Other underwriting expenses of the insurance segments</div>
</td>
<td style="width: 4.5pt; padding: 0pt;">​</td>
<td style="width: 4.5pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="min-width: 3.75pt;
text-align: right; padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.5pt;">​</td>
<td style="min-width: 24.75pt; text-align: right; padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3.5pt;">41,499</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="width: 4.5pt; padding: 0pt;">​</td>
<td style="width: 4.5pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="min-width: 3.75pt; text-align: right; padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.5pt;">​</td>
<td style="min-width: 24.75pt; text-align: right; padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3.5pt;">38,748</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="width: 4.5pt; padding: 0pt;">​</td>
<td style="width: 4.5pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="min-width: 3.75pt; text-align: right; padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.5pt;">​</td>
<td style="min-width: 24.75pt; text-align: right; padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3.5pt;">34,849</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
</tr>
<tr style="text-align: right; text-transform: none; background-color: #cceeff; font: 10pt/10pt 'times new roman', times, serif; white-space: nowrap; color: #000000; vertical-align: bottom;">
<td style="border-bottom: #cceeff 1px solid; text-align: left; padding-bottom: 2.5pt; padding-left: 0pt; width: 275.88pt; padding-right: 0pt; padding-top: 3.5pt;">
<div style="white-space: nowrap;">Other operating expenses of the Corporate and Other segment</div>
</td>
<td style="border-bottom: #cceeff 1px solid; width: 4.5pt; padding: 0pt;">​</td>
<td style="border-bottom: #cceeff 1px solid; width: 4.5pt; padding: 0pt;">​</td>
<td style="border-bottom: #cceeff 1px solid; width: 0pt; padding: 0pt;">​</td>
<td style="border-bottom: #000000 1px solid; min-width: 3.75pt; text-align: right; padding-bottom: 2.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.5pt;">​</td>
<td style="border-bottom: #000000 1px solid; min-width: 24.75pt; text-align: right; padding-bottom: 2.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3.5pt;">18,554</td>
<td style="border-bottom: #cceeff 1px solid; width: 0pt; padding: 0pt;">​</td>
<td style="border-bottom: #cceeff 1px solid; width: 4.5pt; padding: 0pt;">​</td>
<td style="border-bottom: #cceeff 1px solid; width: 4.5pt; padding: 0pt;">​</td>
<td style="border-bottom: #cceeff 1px solid; width: 0pt; padding: 0pt;">​</td>
<td style="border-bottom: #000000 1px solid; min-width: 3.75pt; text-align: right; padding-bottom: 2.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.5pt;">​</td>
<td style="border-bottom: #000000 1px solid; min-width: 24.75pt; text-align: right; padding-bottom: 2.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3.5pt;">9,124</td>
<td style="border-bottom: #cceeff 1px solid; width: 0pt; padding: 0pt;">​</td>
<td style="border-bottom: #cceeff 1px solid; width: 4.5pt; padding: 0pt;">​</td>
<td style="border-bottom: #cceeff 1px solid; width: 4.5pt; padding: 0pt;">​</td>
<td style="border-bottom: #cceeff 1px solid; width: 0pt; padding: 0pt;">​</td>
<td style="border-bottom: #000000 1px solid; min-width: 3.75pt; text-align: right; padding-bottom: 2.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.5pt;">​</td>
<td style="border-bottom: #000000 1px solid; min-width: 24.75pt; text-align: right; padding-bottom: 2.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3.5pt;">8,307</td>
<td style="border-bottom: #cceeff 1px solid; width: 0pt; padding: 0pt;">​</td>
<td style="border-bottom: #cceeff 1px solid; width: 0pt; padding: 0pt;">​</td>
</tr>
<tr style="text-align: right; text-transform: none; font: 10pt/10pt 'times new roman', times, serif; white-space: nowrap; color: #000000; vertical-align: bottom;">
<td style="text-align: left; padding-bottom: 2.75pt; padding-left: 0pt; width: 275.88pt; padding-right: 0pt; padding-top: 3.25pt;">
<div style="white-space: nowrap;">Total</div>
</td>
<td style="width: 4.5pt; padding: 0pt;">​</td>
<td style="width: 4.5pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="border-bottom: #000000 3px double; min-width: 3.75pt; text-align: right; padding-bottom: 2pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.25pt;">$</td>
<td style="border-bottom: #000000 3px double; min-width: 24.75pt; text-align: right; padding-bottom: 2pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3.25pt;">157,803</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="width: 4.5pt; padding: 0pt;">​</td>
<td style="width: 4.5pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="border-bottom: #000000 3px double; min-width: 3.75pt; text-align: right; padding-bottom: 2pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.25pt;">$</td>
<td style="border-bottom: #000000 3px double; min-width: 24.75pt; text-align: right; padding-bottom: 2pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3.25pt;">133,055</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="width: 4.5pt; padding: 0pt;">​</td>
<td style="width: 4.5pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="border-bottom: #000000 3px double; min-width: 3.75pt; text-align: right; padding-bottom: 2pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.25pt;">$</td>
<td style="border-bottom: #000000 3px double; min-width: 24.75pt; text-align: right; padding-bottom: 2pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3.25pt;">114,804</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
</tr>
<tr style="line-height: 4pt; height: 4pt;">
<td style="line-height: 0pt; font-size: 0pt; padding: 0pt;" colspan="23">​</td>
</tr>
</table>
<div style="widows: 1; text-transform: none; margin-top: 11.4pt; text-indent: 20pt; font: 13px/12pt 'times new roman', times, serif; white-space: normal; letter-spacing: normal; color: #000000; word-spacing: 0px; -webkit-text-stroke-width: 0px;">Other expenses in the accompanying financial statements for the year ended December 31, 2015 were $730,000 and included $276,000 associated with a related party leasing agreement (Note 22), $170,000 of severance expenses, and $284,000 of legal, tax, and other professional services related to the
formation of James River UK, the December 2015 intercompany dividend, and a securities registration statement.</div>
<div style="widows: 1; text-transform: none; margin-top: 6pt; text-indent: 20pt; font: 13px/12pt 'times new roman', times, serif; white-space: normal; letter-spacing: normal; color: #000000; word-spacing: 0px; -webkit-text-stroke-width: 0px;">Other expenses of  $16.0 million for the year ended December 31, 2014 includes $10.2 million of expenses related to a cash bonus pool approved by the Company’s directors and shareholders for certain officers and employees that became effective with the consummation of the Offering. Also included in other expenses for the year ended December 31, 2014 were $4.3 million of legal, audit and other professional services related to the Company’s Offering, $399,000 of other Offering related expenses, $600,000 of employee severance expenses, $183,000 of due diligence costs for various merger and acquisition activities which were not consummated, and $299,000 of expenses associated with a related party leasing agreement (Note 22).</div>
<div style="widows: 1; text-transform: none; margin-top: 6pt; text-indent: 20pt; font: 13px/12pt 'times new roman', times, serif; white-space: normal; letter-spacing: normal; color: #000000; word-spacing: 0px; -webkit-text-stroke-width: 0px;">Other expenses of  $677,000 for the year ended December 31, 2013 includes $392,000 of due diligence expenses related to an acquisition that was not consummated and $285,000 of expenses associated with a related party leasing agreement (Note 22).</div>
<div style="text-align: left; widows: 1; text-transform: none; margin-top: pt; text-indent: 0px; font: bold 13px/11pt 'times new roman', times, serif; white-space: normal; margin-bottom: 0pt; float: left; letter-spacing: normal; color: #000000; word-spacing: 0px; -webkit-text-stroke-width: 0px;">19. Fair Value Measurements</div>
<div style="widows: 1; text-transform: none; text-indent: 0px; margin: 0pt; font: 0pt/0pt 'times new roman', times, serif; white-space: normal; letter-spacing: normal; color: #000000; clear: both; word-spacing: 0px; -webkit-text-stroke-width: 0px; padding: 0pt;">​</div>
<div style="widows: 1; text-transform: none; margin-top: 6pt; text-indent: 20pt; font: 13px/12pt 'times new roman', times, serif; white-space: normal; letter-spacing: normal; color: #000000; word-spacing: 0px; -webkit-text-stroke-width: 0px;">Three levels of inputs are used to measure fair value of financial instruments: (1) Level 1: quoted price (unadjusted) in active markets for identical assets, (2) Level 2: inputs to the valuation methodology include quoted prices for similar assets and liabilities in active markets, and inputs that are observable for the asset or liability, either directly or indirectly, for substantially the full term of the instrument, and (3) Level 3: inputs to the valuation methodology are unobservable for the asset or liability.</div>
<div style="widows: 1; text-transform: none; margin-top: 6pt; text-indent: 20pt; font: 13px/12pt 'times new roman', times, serif; white-space: normal; letter-spacing: normal; color: #000000; word-spacing: 0px; -webkit-text-stroke-width: 0px;">Fair value is defined as the exchange price that would be received for an asset or paid to transfer a liability in the principal or most advantageous market in an orderly transaction between market participants on the measurement date.</div>
<div style="widows: 1; text-transform: none; margin-top: 6pt; text-indent: 20pt; font: 13px/12pt 'times new roman', times, serif; white-space: normal; letter-spacing: normal; color: #000000; word-spacing: 0px; -webkit-text-stroke-width: 0px;">To measure fair value, the Company obtains quoted market prices for its investment securities from its outside investment managers. If a quoted market price is not available, the Company uses prices of similar securities. Values for U.S. Treasury and publicly-traded equity securities are generally based on Level 1 inputs which use the market approach valuation technique. The values for all other fixed maturity securities (including state and municipal securities and obligations of U.S. government corporations and agencies) generally incorporate significant Level 2 inputs, and in some cases, Level 3 inputs, using the market approach and income approach valuation techniques. There have been no changes in the Company’s use of valuation techniques since December 31, 2013.</div>
<div style="widows: 1; text-transform: none; margin-top: 6pt; text-indent: 20pt; font: 13px/12pt 'times new roman', times, serif; white-space: normal; letter-spacing: normal; color: #000000; word-spacing: 0px; -webkit-text-stroke-width: 0px;">The Company reviews fair value prices provided by its outside investment managers for reasonableness by comparing the fair values provided by the managers to those provided by our investment custodian. The Company also reviews and monitors changes in unrealized gains and losses. The Company has not historically adjusted security prices. The Company obtains an understanding of the methods, models and inputs used by the investment managers and independent pricing services, and controls are in place to validate that prices provided represent fair values. The Company’s control process includes, but is not limited to, initial and ongoing evaluation of the methodologies used, a review of specific securities and an assessment for proper classification within the fair value hierarchy, and obtaining and reviewing internal control reports for our investment manager that obtains fair values from independent pricing services.</div>
<div style="widows: 1; text-transform: none; margin-top: 6pt; text-indent: 20pt; font: 13px/12pt 'times new roman', times, serif; white-space: normal; letter-spacing: normal; color: #000000; word-spacing: 0px; -webkit-text-stroke-width: 0px;">Assets measured at fair value on a recurring basis as of December 31, 2015 are summarized below:</div>
<div style="widows: 1; text-transform: none; margin-top: 6pt; text-indent: 20pt; font: 13px/12pt 'times new roman', times, serif; white-space: normal; letter-spacing: normal; color: #000000; word-spacing: 0px; -webkit-text-stroke-width: 0px;">
<table align="center" style="widows: 1; text-transform: none; margin-top: 8pt; text-indent: 0px; width: 100%; border-collapse: collapse; font: 13px 'times new roman', times, serif; white-space: normal; letter-spacing: normal; height: 370px; color: #000000; word-spacing: 0px; -webkit-text-stroke-width: 0px;" border="0">
<tr style="text-align: left; text-transform: none; font: bold 8pt/8pt 'times new roman', times, serif; white-space: nowrap; color: #000000; vertical-align: bottom;">
<td style="border-bottom: #ffffff 1px solid; padding-bottom: 0.5pt; padding-left: 0pt; width: 240.34pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="border-bottom: #ffffff 1px solid; width: 6pt; padding: 0pt;">​</td>
<td style="border-bottom: #ffffff 1px solid; width: 6pt; padding: 0pt;">​</td>
<td style="border-bottom: #000000 1px solid; text-align: center; padding-bottom: 2.5pt; padding-left: 0pt; width: 0pt; padding-right: 0pt; padding-top: 0pt;" colspan="22">
<div style="text-align: center; white-space: nowrap;">Fair Value Measurements Using</div>
</td>
<td style="border-bottom: #ffffff 1px solid; width: 0pt; padding: 0pt;">​</td>
</tr>
<tr style="text-align: center; text-transform: none; font: bold 8pt/9pt 'times new roman', times, serif; white-space: nowrap; color: #000000; vertical-align: bottom;">
<td style="border-bottom: #ffffff 1px solid; text-align: left; padding-bottom: 0.5pt; padding-left: 0pt; width: 240.34pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="border-bottom: #ffffff 1px solid; width: 6pt; padding: 0pt;">​</td>
<td style="border-bottom: #ffffff 1px solid; width: 6pt; padding: 0pt;">​</td>
<td style="border-bottom: #000000 1px solid; padding-bottom: 2.167pt; padding-left: 0pt; padding-right: 0pt; padding-top: 2.583pt;" colspan="4">
<div style="text-align: center;">Quoted Prices <br />in Active <br />Markets for <br />Identical <br />Assets Level 1</div>
</td>
<td style="border-bottom: #ffffff 1px solid; width: 6pt; padding: 0pt;">​</td>
<td style="border-bottom: #ffffff 1px solid; width: 6pt; padding: 0pt;">​</td>
<td style="border-bottom: #000000 1px solid; padding-bottom: 2.167pt; padding-left: 0pt; padding-right: 0pt; padding-top: 2.583pt;" colspan="4">
<div style="text-align: center;">Significant <br />Other <br />Observable <br />Inputs <br />Level 2</div>
</td>
<td style="border-bottom: #ffffff 1px solid; width: 6pt; padding: 0pt;">​</td>
<td style="border-bottom: #ffffff 1px solid; width: 6pt; padding: 0pt;">​</td>
<td style="border-bottom: #000000 1px solid; padding-bottom: 2.167pt; padding-left: 0pt; padding-right: 0pt; padding-top: 2.583pt;" colspan="4">
<div style="text-align: center;">Significant <br />Unobservable <br />Inputs <br />Level 3</div>
</td>
<td style="border-bottom: #ffffff 1px solid; width: 6pt; padding: 0pt;">​</td>
<td style="border-bottom: #ffffff 1px solid; width: 6pt; padding: 0pt;">​</td>
<td style="border-bottom: #000000 1px solid; padding-bottom: 2.167pt; padding-left: 0pt; padding-right: 0pt; padding-top: 2.583pt;" colspan="4">
<div style="text-align: center; white-space: nowrap;">Total</div>
</td>
<td style="border-bottom: #ffffff 1px solid; width: 0pt; padding: 0pt;">​</td>
</tr>
<tr style="text-align: left; text-transform: none; font: bold italic 8pt/8pt 'times new roman', times, serif; white-space: nowrap; color: #000000; vertical-align: bottom;">
<td style="padding-bottom: 0.5pt; padding-left: 0pt; width: 240.34pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="text-align: center; padding-bottom: 0.5pt; padding-left: 0pt; width: 0pt; padding-right: 0pt; padding-top: 3.25pt;" colspan="22">
<div style="text-align: center; white-space: nowrap;">(in thousands)</div>
</td>
<td style="width: 0pt; padding: 0pt;">​</td>
</tr>
<tr style="text-align: left; text-transform: none; background-color: #cceeff; font: 10pt/10pt 'times new roman', times, serif; white-space: nowrap; color: #000000; vertical-align: bottom;">
<td style="padding-bottom: 1.5pt; padding-left: 0pt; width: 240.34pt; padding-right: 0pt; padding-top: 3.5pt;">Available-for-sale securities</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td colspan="6">​</td>
<td colspan="6">​</td>
<td colspan="6">​</td>
<td colspan="6">​</td>
</tr>
<tr style="text-align: left; text-transform: none; font: 10pt/10pt 'times new roman', times, serif; white-space: nowrap; color: #000000; vertical-align: bottom;">
<td style="padding-bottom: 1.5pt; padding-left: 0pt; width: 240.34pt; padding-right: 0pt; padding-top: 3.5pt;">Fixed maturity securities:</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td colspan="6">​</td>
<td colspan="6">​</td>
<td colspan="6">​</td>
<td colspan="6">​</td>
</tr>
<tr style="text-align: right; text-transform: none; background-color: #cceeff; font: 10pt/10pt 'times new roman', times, serif; white-space: nowrap; color: #000000; vertical-align: bottom;">
<td style="text-align: left; padding-bottom: 1.5pt; padding-left: 0pt; width: 240.34pt; padding-right: 0pt; padding-top: 3.5pt;">
<div style="margin-left: 10pt;">State and municipal</div>
</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="padding-bottom: 0pt; padding-left: 7.35pt; width: 0pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="min-width: 3.75pt; text-align: right; padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.5pt;">$</td>
<td style="min-width: 21pt; text-align: right; padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3.5pt;">—</td>
<td style="padding-bottom: 0pt; padding-left: 7.35pt; width: 0pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="min-width: 3.75pt; text-align: right; padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.5pt;">$</td>
<td style="min-width: 24.75pt; text-align: right; padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3.5pt;">103,457</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="padding-bottom: 0pt; padding-left: 8.565pt; width: 0pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="min-width: 3.75pt; text-align: right; padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.5pt;">$</td>
<td style="min-width: 17.25pt; text-align: right; padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3.5pt;">—</td>
<td style="padding-bottom: 0pt; padding-left: 8.565pt; width: 0pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="min-width: 3.75pt; text-align: right; padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.5pt;">$</td>
<td style="min-width: 24.75pt; text-align: right; padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3.5pt;">103,457</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
</tr>
<tr style="text-align: right; text-transform: none; font: 10pt/10pt 'times new roman', times, serif; white-space: nowrap; color: #000000; vertical-align: bottom;">
<td style="text-align: left; padding-bottom: 1.5pt; padding-left: 0pt; width: 240.34pt; padding-right: 0pt; padding-top: 3.5pt;">
<div style="margin-left: 10pt;">Residential mortgage-backed</div>
</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="padding-bottom: 0pt; padding-left: 7.35pt; width: 0pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="min-width: 3.75pt; text-align: right; padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.5pt;">​</td>
<td style="min-width: 21pt; text-align: right; padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3.5pt;">—</td>
<td style="padding-bottom: 0pt; padding-left: 7.35pt; width: 0pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="min-width: 3.75pt; text-align: right; padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.5pt;">​</td>
<td style="min-width: 24.75pt; text-align: right; padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3.5pt;">136,887</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="padding-bottom: 0pt; padding-left: 8.565pt; width: 0pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="min-width: 3.75pt; text-align: right; padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.5pt;">​</td>
<td style="min-width: 17.25pt; text-align: right; padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3.5pt;">—</td>
<td style="padding-bottom: 0pt; padding-left: 8.565pt; width: 0pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="min-width: 3.75pt; text-align: right; padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.5pt;">​</td>
<td style="min-width: 24.75pt; text-align: right; padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3.5pt;">136,887</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
</tr>
<tr style="text-align: right; text-transform: none; background-color: #cceeff; font: 10pt/10pt 'times new roman', times, serif; white-space: nowrap; color: #000000; vertical-align: bottom;">
<td style="text-align: left; padding-bottom: 1.5pt; padding-left: 0pt; width: 240.34pt; padding-right: 0pt; padding-top: 3.5pt;">
<div style="margin-left: 10pt;">Corporate</div>
</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="padding-bottom: 0pt; padding-left: 7.35pt; width: 0pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="min-width: 3.75pt; text-align: right; padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.5pt;">​</td>
<td style="min-width: 21pt; text-align: right; padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3.5pt;">—</td>
<td style="padding-bottom: 0pt; padding-left: 7.35pt; width: 0pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="min-width: 3.75pt; text-align: right; padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.5pt;">​</td>
<td style="min-width: 24.75pt; text-align: right; padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3.5pt;">363,168</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="padding-bottom: 0pt; padding-left: 8.565pt; width: 0pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="min-width: 3.75pt; text-align: right; padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.5pt;">​</td>
<td style="min-width: 17.25pt; text-align: right; padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3.5pt;">—</td>
<td style="padding-bottom: 0pt; padding-left: 8.565pt; width: 0pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="min-width: 3.75pt; text-align: right; padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.5pt;">​</td>
<td style="min-width: 24.75pt; text-align: right; padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3.5pt;">363,168</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
</tr>
<tr style="text-align: right; text-transform: none; font: 10pt/10pt 'times new roman', times, serif; white-space: nowrap; color: #000000; vertical-align: bottom;">
<td style="text-align: left; padding-bottom: 1.5pt; padding-left: 0pt; width: 240.34pt; padding-right: 0pt; padding-top: 3.5pt;">
<div style="margin-left: 10pt;">Commercial mortgage and asset-backed</div>
</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="padding-bottom: 0pt; padding-left: 7.35pt; width: 0pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="min-width: 3.75pt; text-align: right; padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.5pt;">​</td>
<td style="min-width: 21pt; text-align: right; padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3.5pt;">—</td>
<td style="padding-bottom: 0pt; padding-left: 7.35pt; width: 0pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="min-width: 3.75pt; text-align: right; padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.5pt;">​</td>
<td style="min-width: 24.75pt; text-align: right; padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3.5pt;">125,696</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="padding-bottom: 0pt; padding-left: 8.565pt; width: 0pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="min-width: 3.75pt; text-align: right; padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.5pt;">​</td>
<td style="min-width: 17.25pt; text-align: right; padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3.5pt;">5,000</td>
<td style="padding-bottom: 0pt; padding-left: 8.565pt; width: 0pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="min-width: 3.75pt; text-align: right; padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.5pt;">​</td>
<td style="min-width: 24.75pt; text-align: right; padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3.5pt;">130,696</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
</tr>
<tr style="text-align: right; text-transform: none; background-color: #cceeff; font: 10pt/12pt 'times new roman', times, serif; white-space: nowrap; color: #000000; vertical-align: bottom;">
<td style="text-align: left; padding-bottom: 0.833pt; padding-left: 0pt; width: 240.34pt; padding-right: 0pt; white-space: normal; padding-top: 2.167pt;">
<div style="text-indent: -10pt; margin-left: 20pt;">Obligations of U.S. government corporations and agencies</div>
</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="padding-bottom: 0pt; padding-left: 7.35pt; width: 0pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="min-width: 3.75pt; text-align: right; padding-bottom: 0.833pt; padding-left: 0pt; padding-right: 0pt; padding-top: 2.167pt;">​</td>
<td style="min-width: 21pt; text-align: right; padding-bottom: 0.833pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 2.167pt;">—</td>
<td style="padding-bottom: 0pt; padding-left: 7.35pt; width: 0pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="min-width: 3.75pt; text-align: right; padding-bottom: 0.833pt; padding-left: 0pt; padding-right: 0pt; padding-top: 2.167pt;">​</td>
<td style="min-width: 24.75pt; text-align: right; padding-bottom: 0.833pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 2.167pt;">90,163</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="padding-bottom: 0pt; padding-left: 8.565pt; width: 0pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="min-width: 3.75pt; text-align: right; padding-bottom: 0.833pt; padding-left: 0pt; padding-right: 0pt; padding-top: 2.167pt;">​</td>
<td style="min-width: 17.25pt; text-align: right; padding-bottom: 0.833pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 2.167pt;">—</td>
<td style="padding-bottom: 0pt; padding-left: 8.565pt; width: 0pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="min-width: 3.75pt; text-align: right; padding-bottom: 0.833pt; padding-left: 0pt; padding-right: 0pt; padding-top: 2.167pt;">​</td>
<td style="min-width: 24.75pt; text-align: right; padding-bottom: 0.833pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 2.167pt;">90,163</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
</tr>
<tr style="text-align: right; text-transform: none; font: 10pt/12pt 'times new roman', times, serif; white-space: nowrap; color: #000000; vertical-align: bottom;">
<td style="text-align: left; padding-bottom: 0.833pt; padding-left: 0pt; width: 240.34pt; padding-right: 0pt; padding-top: 2.167pt;">
<div style="text-indent: -10pt; margin-left: 20pt;">U.S. Treasury securities and obligations guaranteed by <br />the U.S. government</div>
</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="padding-bottom: 0pt; padding-left: 7.35pt; width: 0pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="min-width: 3.75pt; text-align: right; padding-bottom: 0.833pt; padding-left: 0pt; padding-right: 0pt; padding-top: 2.167pt;">​</td>
<td style="min-width: 21pt; text-align: right; padding-bottom: 0.833pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 2.167pt;">72,542</td>
<td style="padding-bottom: 0pt; padding-left: 7.35pt; width: 0pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="min-width: 3.75pt; text-align: right; padding-bottom: 0.833pt; padding-left: 0pt; padding-right: 0pt; padding-top: 2.167pt;">​</td>
<td style="min-width: 24.75pt; text-align: right; padding-bottom: 0.833pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 2.167pt;">713</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="padding-bottom: 0pt; padding-left: 8.565pt; width: 0pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="min-width: 3.75pt; text-align: right; padding-bottom: 0.833pt; padding-left: 0pt; padding-right: 0pt; padding-top: 2.167pt;">​</td>
<td style="min-width: 17.25pt; text-align: right; padding-bottom: 0.833pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 2.167pt;">—</td>
<td style="padding-bottom: 0pt; padding-left: 8.565pt; width: 0pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="min-width: 3.75pt; text-align: right; padding-bottom: 0.833pt; padding-left: 0pt; padding-right: 0pt; padding-top: 2.167pt;">​</td>
<td style="min-width: 24.75pt; text-align: right; padding-bottom: 0.833pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 2.167pt;">73,255</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
</tr>
<tr style="text-align: right; text-transform: none; background-color: #cceeff; font: 10pt/10pt 'times new roman', times, serif; white-space: nowrap; color: #000000; vertical-align: bottom;">
<td style="border-bottom: #cceeff 1px solid; text-align: left; padding-bottom: 2.5pt; padding-left: 0pt; width: 240.34pt; padding-right: 0pt; padding-top: 3.5pt;">
<div style="margin-left: 10pt;">Redeemable preferred stock</div>
</td>
<td style="border-bottom: #cceeff 1px solid; width: 6pt; padding: 0pt;">​</td>
<td style="border-bottom: #cceeff 1px solid; width: 6pt; padding: 0pt;">​</td>
<td style="border-bottom: #cceeff 1px solid; padding-bottom: 0pt; padding-left: 7.35pt; width: 0pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="border-bottom: #000000 1px solid; min-width: 3.75pt; text-align: right; padding-bottom: 2.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.5pt;">​</td>
<td style="border-bottom: #000000 1px solid; min-width: 21pt; text-align: right; padding-bottom: 2.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3.5pt;">—</td>
<td style="border-bottom: #cceeff 1px solid; padding-bottom: 0pt; padding-left: 7.35pt; width: 0pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="border-bottom: #cceeff 1px solid; width: 6pt; padding: 0pt;">​</td>
<td style="border-bottom: #cceeff 1px solid; width: 6pt; padding: 0pt;">​</td>
<td style="border-bottom: #cceeff 1px solid; width: 0pt; padding: 0pt;">​</td>
<td style="border-bottom: #000000 1px solid; min-width: 3.75pt; text-align: right; padding-bottom: 2.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.5pt;">​</td>
<td style="border-bottom: #000000 1px solid; min-width: 24.75pt; text-align: right; padding-bottom: 2.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3.5pt;">2,034</td>
<td style="border-bottom: #cceeff 1px solid; width: 0pt; padding: 0pt;">​</td>
<td style="border-bottom: #cceeff 1px solid; width: 6pt; padding: 0pt;">​</td>
<td style="border-bottom: #cceeff 1px solid; width: 6pt; padding: 0pt;">​</td>
<td style="border-bottom: #cceeff 1px solid; padding-bottom: 0pt; padding-left: 8.565pt; width: 0pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="border-bottom: #000000 1px solid; min-width: 3.75pt; text-align: right; padding-bottom: 2.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.5pt;">​</td>
<td style="border-bottom: #000000 1px solid; min-width: 17.25pt; text-align: right; padding-bottom: 2.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3.5pt;">—</td>
<td style="border-bottom: #cceeff 1px solid; padding-bottom: 0pt; padding-left: 8.565pt; width: 0pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="border-bottom: #cceeff 1px solid; width: 6pt; padding: 0pt;">​</td>
<td style="border-bottom: #cceeff 1px solid; width: 6pt; padding: 0pt;">​</td>
<td style="border-bottom: #cceeff 1px solid; width: 0pt; padding: 0pt;">​</td>
<td style="border-bottom: #000000 1px solid; min-width: 3.75pt; text-align: right; padding-bottom: 2.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.5pt;">​</td>
<td style="border-bottom: #000000 1px solid; min-width: 24.75pt; text-align: right; padding-bottom: 2.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3.5pt;">2,034</td>
<td style="border-bottom: #cceeff 1px solid; width: 0pt; padding: 0pt;">​</td>
<td style="border-bottom: #cceeff 1px solid; width: 0pt; padding: 0pt;">​</td>
</tr>
<tr style="text-align: right; text-transform: none; font: 10pt/10pt 'times new roman', times, serif; white-space: nowrap; color: #000000; vertical-align: bottom;">
<td style="text-align: left; padding-bottom: 1.5pt; padding-left: 0pt; width: 240.34pt; padding-right: 0pt; padding-top: 3.25pt;">
<div style="white-space: nowrap;">Total fixed maturity securities</div>
</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="padding-bottom: 0pt; padding-left: 7.35pt; width: 0pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="min-width: 3.75pt; text-align: right; padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.25pt;">​</td>
<td style="min-width: 21pt; text-align: right; padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3.25pt;">72,542</td>
<td style="padding-bottom: 0pt; padding-left: 7.35pt; width: 0pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="min-width: 3.75pt; text-align: right; padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.25pt;">​</td>
<td style="min-width: 24.75pt; text-align: right; padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3.25pt;">822,118</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="padding-bottom: 0pt; padding-left: 8.565pt; width: 0pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="min-width: 3.75pt; text-align: right; padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.25pt;">​</td>
<td style="min-width: 17.25pt; text-align: right; padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3.25pt;">5,000</td>
<td style="padding-bottom: 0pt; padding-left: 8.565pt; width: 0pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="min-width: 3.75pt; text-align: right; padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.25pt;">​</td>
<td style="min-width: 24.75pt; text-align: right; padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3.25pt;">899,660</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
</tr>
<tr style="text-align: left; text-transform: none; background-color: #cceeff; font: 10pt/10pt 'times new roman', times, serif; white-space: nowrap; color: #000000; vertical-align: bottom;">
<td style="padding-bottom: 1.5pt; padding-left: 0pt; width: 240.34pt; padding-right: 0pt; padding-top: 3.5pt;">Equity securities:</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td colspan="6">​</td>
<td colspan="6">​</td>
<td colspan="6">​</td>
<td colspan="6">​</td>
</tr>
<tr style="text-align: right; text-transform: none; font: 10pt/10pt 'times new roman', times, serif; white-space: nowrap; color: #000000; vertical-align: bottom;">
<td style="text-align: left; padding-bottom: 1.5pt; padding-left: 0pt; width: 240.34pt; padding-right: 0pt; padding-top: 3.5pt;">
<div style="margin-left: 10pt;">Preferred stock</div>
</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="padding-bottom: 0pt; padding-left: 7.35pt; width: 0pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="min-width: 3.75pt; text-align: right; padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.5pt;">​</td>
<td style="min-width: 21pt; text-align: right; padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3.5pt;">—</td>
<td style="padding-bottom: 0pt; padding-left: 7.35pt; width: 0pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="min-width: 3.75pt; text-align: right; padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.5pt;">​</td>
<td style="min-width: 24.75pt; text-align: right; padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3.5pt;">54,092</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="padding-bottom: 0pt; padding-left: 8.565pt; width: 0pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="min-width: 3.75pt; text-align: right; padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.5pt;">​</td>
<td style="min-width: 17.25pt; text-align: right; padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3.5pt;">—</td>
<td style="padding-bottom: 0pt; padding-left: 8.565pt; width: 0pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="min-width: 3.75pt; text-align: right; padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.5pt;">​</td>
<td style="min-width: 24.75pt; text-align: right; padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3.5pt;">54,092</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
</tr>
<tr style="text-align: right; text-transform: none; background-color: #cceeff; font: 10pt/10pt 'times new roman', times, serif; white-space: nowrap; color: #000000; vertical-align: bottom;">
<td style="border-bottom: #cceeff 1px solid; text-align: left; padding-bottom: 2.5pt; padding-left: 0pt; width: 240.34pt; padding-right: 0pt; padding-top: 3.5pt;">
<div style="margin-left: 10pt;">Common stock</div>
</td>
<td style="border-bottom: #cceeff 1px solid; width: 6pt; padding: 0pt;">​</td>
<td style="border-bottom: #cceeff 1px solid; width: 6pt; padding: 0pt;">​</td>
<td style="border-bottom: #cceeff 1px solid; padding-bottom: 0pt; padding-left: 7.35pt; width: 0pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="border-bottom: #000000 1px solid; min-width: 3.75pt; text-align: right; padding-bottom: 2.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.5pt;">​</td>
<td style="border-bottom: #000000 1px solid; min-width: 21pt; text-align: right; padding-bottom: 2.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3.5pt;">19,285</td>
<td style="border-bottom: #cceeff 1px solid; padding-bottom: 0pt; padding-left: 7.35pt; width: 0pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="border-bottom: #cceeff 1px solid; width: 6pt; padding: 0pt;">​</td>
<td style="border-bottom: #cceeff 1px solid; width: 6pt; padding: 0pt;">​</td>
<td style="border-bottom: #cceeff 1px solid; width: 0pt; padding: 0pt;">​</td>
<td style="border-bottom: #000000 1px solid; min-width: 3.75pt; text-align: right; padding-bottom: 2.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.5pt;">​</td>
<td style="border-bottom: #000000 1px solid; min-width: 24.75pt; text-align: right; padding-bottom: 2.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3.5pt;">734</td>
<td style="border-bottom: #cceeff 1px solid; width: 0pt; padding: 0pt;">​</td>
<td style="border-bottom: #cceeff 1px solid; width: 6pt; padding: 0pt;">​</td>
<td style="border-bottom: #cceeff 1px solid; width: 6pt; padding: 0pt;">​</td>
<td style="border-bottom: #cceeff 1px solid; padding-bottom: 0pt; padding-left: 8.565pt; width: 0pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="border-bottom: #000000 1px solid; min-width: 3.75pt; text-align: right; padding-bottom: 2.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.5pt;">​</td>
<td style="border-bottom: #000000 1px solid; min-width: 17.25pt; text-align: right; padding-bottom: 2.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3.5pt;">—</td>
<td style="border-bottom: #cceeff 1px solid; padding-bottom: 0pt; padding-left: 8.565pt; width: 0pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="border-bottom: #cceeff 1px solid; width: 6pt; padding: 0pt;">​</td>
<td style="border-bottom: #cceeff 1px solid; width: 6pt; padding: 0pt;">​</td>
<td style="border-bottom: #cceeff 1px solid; width: 0pt; padding: 0pt;">​</td>
<td style="border-bottom: #000000 1px solid; min-width: 3.75pt; text-align: right; padding-bottom: 2.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.5pt;">​</td>
<td style="border-bottom: #000000 1px solid; min-width: 24.75pt; text-align: right; padding-bottom: 2.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3.5pt;">20,019</td>
<td style="border-bottom: #cceeff 1px solid; width: 0pt; padding: 0pt;">​</td>
<td style="border-bottom: #cceeff 1px solid; width: 0pt; padding: 0pt;">​</td>
</tr>
<tr style="text-align: right; text-transform: none; font: 10pt/10pt 'times new roman', times, serif; white-space: nowrap; color: #000000; vertical-align: bottom;">
<td style="border-bottom: #ffffff 1px solid; text-align: left; padding-bottom: 2.5pt; padding-left: 0pt; width: 240.34pt; padding-right: 0pt; padding-top: 3.25pt;">
<div style="white-space: nowrap;">Total equity securities</div>
</td>
<td style="border-bottom: #ffffff 1px solid; width: 6pt; padding: 0pt;">​</td>
<td style="border-bottom: #ffffff 1px solid; width: 6pt; padding: 0pt;">​</td>
<td style="border-bottom: #ffffff 1px solid; padding-bottom: 0pt; padding-left: 7.35pt; width: 0pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="border-bottom: #000000 1px solid; min-width: 3.75pt; text-align: right; padding-bottom: 2.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.25pt;">​</td>
<td style="border-bottom: #000000 1px solid; min-width: 21pt; text-align: right; padding-bottom: 2.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3.25pt;">19,285</td>
<td style="border-bottom: #ffffff 1px solid; padding-bottom: 0pt; padding-left: 7.35pt; width: 0pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="border-bottom: #ffffff 1px solid; width: 6pt; padding: 0pt;">​</td>
<td style="border-bottom: #ffffff 1px solid; width: 6pt; padding: 0pt;">​</td>
<td style="border-bottom: #ffffff 1px solid; width: 0pt; padding: 0pt;">​</td>
<td style="border-bottom: #000000 1px solid; min-width: 3.75pt; text-align: right; padding-bottom: 2.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.25pt;">​</td>
<td style="border-bottom: #000000 1px solid; min-width: 24.75pt; text-align: right; padding-bottom: 2.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3.25pt;">54,826</td>
<td style="border-bottom: #ffffff 1px solid; width: 0pt; padding: 0pt;">​</td>
<td style="border-bottom: #ffffff 1px solid; width: 6pt; padding: 0pt;">​</td>
<td style="border-bottom: #ffffff 1px solid; width: 6pt; padding: 0pt;">​</td>
<td style="border-bottom: #ffffff 1px solid; padding-bottom: 0pt; padding-left: 8.565pt; width: 0pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="border-bottom: #000000 1px solid; min-width: 3.75pt; text-align: right; padding-bottom: 2.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.25pt;">​</td>
<td style="border-bottom: #000000 1px solid; min-width: 17.25pt; text-align: right; padding-bottom: 2.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3.25pt;">—</td>
<td style="border-bottom: #ffffff 1px solid; padding-bottom: 0pt; padding-left: 8.565pt; width: 0pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="border-bottom: #ffffff 1px solid; width: 6pt; padding: 0pt;">​</td>
<td style="border-bottom: #ffffff 1px solid; width: 6pt; padding: 0pt;">​</td>
<td style="border-bottom: #ffffff 1px solid; width: 0pt; padding: 0pt;">​</td>
<td style="border-bottom: #000000 1px solid; min-width: 3.75pt; text-align: right; padding-bottom: 2.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.25pt;">​</td>
<td style="border-bottom: #000000 1px solid; min-width: 24.75pt; text-align: right; padding-bottom: 2.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3.25pt;">74,111</td>
<td style="border-bottom: #ffffff 1px solid; width: 0pt; padding: 0pt;">​</td>
<td style="border-bottom: #ffffff 1px solid; width: 0pt; padding: 0pt;">​</td>
</tr>
<tr style="text-align: right; text-transform: none; background-color: #cceeff; font: 10pt/10pt 'times new roman', times, serif; white-space: nowrap; color: #000000; vertical-align: bottom;">
<td style="text-align: left; padding-bottom: 3.25pt; padding-left: 0pt; width: 240.34pt; padding-right: 0pt; padding-top: 3.25pt;">
<div style="white-space: nowrap;">Total available-for-sale securities</div>
</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="padding-bottom: 0pt; padding-left: 7.35pt; width: 0pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="border-bottom: #000000 3px double; min-width: 3.75pt; text-align: right; padding-bottom: 2.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.25pt;">$</td>
<td style="border-bottom: #000000 3px double; min-width: 21pt; text-align: right; padding-bottom: 2.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3.25pt;">91,827</td>
<td style="padding-bottom: 0pt; padding-left: 7.35pt; width: 0pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="border-bottom: #000000 3px double; min-width: 3.75pt; text-align: right; padding-bottom: 2.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.25pt;">$</td>
<td style="border-bottom: #000000 3px double; min-width: 24.75pt; text-align: right; padding-bottom: 2.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3.25pt;">876,944</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="padding-bottom: 0pt; padding-left: 8.565pt; width: 0pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="border-bottom: #000000 3px double; min-width: 3.75pt; text-align: right; padding-bottom: 2.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.25pt;">$</td>
<td style="border-bottom: #000000 3px double; min-width: 17.25pt; text-align: right; padding-bottom: 2.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3.25pt;">5,000</td>
<td style="padding-bottom: 0pt; padding-left: 8.565pt; width: 0pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="border-bottom: #000000 3px double; min-width: 3.75pt; text-align: right; padding-bottom: 2.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.25pt;">$</td>
<td style="border-bottom: #000000 3px double; min-width: 24.75pt; text-align: right; padding-bottom: 2.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3.25pt;">973,771</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
</tr>
<tr style="text-align: left; text-transform: none; font: 10pt/10pt 'times new roman', times, serif; white-space: nowrap; color: #000000; vertical-align: bottom;">
<td style="padding-bottom: 1.5pt; padding-left: 0pt; width: 240.34pt; padding-right: 0pt; padding-top: 2.75pt;">Trading securities:</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td colspan="6">​</td>
<td colspan="6">​</td>
<td colspan="6">​</td>
<td colspan="6">​</td>
</tr>
<tr style="text-align: right; text-transform: none; background-color: #cceeff; font: 10pt/10pt 'times new roman', times, serif; white-space: nowrap; color: #000000; vertical-align: bottom;">
<td style="text-align: left; padding-bottom: 3.25pt; padding-left: 0pt; width: 240.34pt; padding-right: 0pt; padding-top: 3.5pt;">
<div style="margin-left: 10pt;">Fixed maturity securities</div>
</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="padding-bottom: 0pt; padding-left: 7.35pt; width: 0pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="border-bottom: #000000 3px double; min-width: 3.75pt; text-align: right; padding-bottom: 2.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.5pt;">$</td>
<td style="border-bottom: #000000 3px double; min-width: 21pt; text-align: right; padding-bottom: 2.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3.5pt;">1,244</td>
<td style="padding-bottom: 0pt; padding-left: 7.35pt; width: 0pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="border-bottom: #000000 3px double; min-width: 3.75pt; text-align: right; padding-bottom: 2.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.5pt;">$</td>
<td style="border-bottom: #000000 3px double; min-width: 24.75pt; text-align: right; padding-bottom: 2.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3.5pt;">3,802</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="padding-bottom: 0pt; padding-left: 8.565pt; width: 0pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="border-bottom: #000000 3px double; min-width: 3.75pt; text-align: right; padding-bottom: 2.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.5pt;">$</td>
<td style="border-bottom: #000000 3px double; min-width: 17.25pt; text-align: right; padding-bottom: 2.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3.5pt;">—</td>
<td style="padding-bottom: 0pt; padding-left: 8.565pt; width: 0pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="border-bottom: #000000 3px double; min-width: 3.75pt; text-align: right; padding-bottom: 2.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.5pt;">$</td>
<td style="border-bottom: #000000 3px double; min-width: 24.75pt; text-align: right; padding-bottom: 2.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3.5pt;">5,046</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
</tr>
<tr style="text-align: right; text-transform: none; font: 10pt/10pt 'times new roman', times, serif; white-space: nowrap; color: #000000; vertical-align: bottom;">
<td style="text-align: left; padding-bottom: 2.75pt; padding-left: 0pt; width: 240.34pt; padding-right: 0pt; padding-top: 2.75pt;">
<div style="white-space: nowrap;">Short-term investments</div>
</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="padding-bottom: 0pt; padding-left: 7.35pt; width: 0pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="border-bottom: #000000 3px double; min-width: 3.75pt; text-align: right; padding-bottom: 2pt; padding-left: 0pt; padding-right: 0pt; padding-top: 2.75pt;">$</td>
<td style="border-bottom: #000000 3px double; min-width: 21pt; text-align: right; padding-bottom: 2pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 2.75pt;">2,926</td>
<td style="padding-bottom: 0pt; padding-left: 7.35pt; width: 0pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="border-bottom: #000000 3px double; min-width: 3.75pt; text-align: right; padding-bottom: 2pt; padding-left: 0pt; padding-right: 0pt; padding-top: 2.75pt;">$</td>
<td style="border-bottom: #000000 3px double; min-width: 24.75pt; text-align: right; padding-bottom: 2pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 2.75pt;">16,344</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="padding-bottom: 0pt; padding-left: 8.565pt; width: 0pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="border-bottom: #000000 3px double; min-width: 3.75pt; text-align: right; padding-bottom: 2pt; padding-left: 0pt; padding-right: 0pt; padding-top: 2.75pt;">$</td>
<td style="border-bottom: #000000 3px double; min-width: 17.25pt; text-align: right; padding-bottom: 2pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 2.75pt;">—</td>
<td style="padding-bottom: 0pt; padding-left: 8.565pt; width: 0pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="border-bottom: #000000 3px double; min-width: 3.75pt; text-align: right; padding-bottom: 2pt; padding-left: 0pt; padding-right: 0pt; padding-top: 2.75pt;">$</td>
<td style="border-bottom: #000000 3px double; min-width: 24.75pt; text-align: right; padding-bottom: 2pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 2.75pt;">19,270</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
</tr>
<tr style="line-height: 4pt; height: 4pt;">
<td style="line-height: 0pt; font-size: 0pt; padding: 0pt;" colspan="30">​</td>
</tr>
</table>
</div>
<div style="widows: 1; text-transform: none; margin-top: 6pt; text-indent: 20pt; font: 13px/12pt 'times new roman', times, serif; white-space: normal; letter-spacing: normal; color: #000000; word-spacing: 0px; -webkit-text-stroke-width: 0px;"> </div>
<div style="widows: 1; text-transform: none; margin-top: 6pt; text-indent: 20pt; font: 13px/12pt 'times new roman', times, serif; white-space: normal; letter-spacing: normal; color: #000000; word-spacing: 0px; -webkit-text-stroke-width: 0px;">Assets measured at fair value on a recurring basis as of December 31, 2014 are summarized below:</div>
<table align="center" style="widows: 1; text-transform: none; margin-top: 8pt; text-indent: 0px; width: 100%; border-collapse: collapse; font: 13px 'times new roman', times, serif; white-space: normal; letter-spacing: normal; height: 349px; color: #000000; word-spacing: 0px; -webkit-text-stroke-width: 0px;" border="0">
<tr style="text-align: left; text-transform: none; font: bold 8pt/8pt 'times new roman', times, serif; white-space: nowrap; color: #000000; vertical-align: bottom;">
<td style="border-bottom: #ffffff 1px solid; padding-bottom: 0.5pt; padding-left: 0pt; width: 240.34pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="border-bottom: #ffffff 1px solid; width: 6pt; padding: 0pt;">​</td>
<td style="border-bottom: #ffffff 1px solid; width: 6pt; padding: 0pt;">​</td>
<td style="border-bottom: #000000 1px solid; text-align: center; padding-bottom: 1.75pt; padding-left: 0pt; width: 0pt; padding-right: 0pt; padding-top: 0pt;" colspan="22">
<div style="text-align: center; white-space: nowrap;">Fair Value Measurements Using</div>
</td>
<td style="border-bottom: #ffffff 1px solid; width: 0pt; padding: 0pt;">​</td>
</tr>
<tr style="text-align: center; text-transform: none; font: bold 8pt/9pt 'times new roman', times, serif; white-space: nowrap; color: #000000; vertical-align: bottom;">
<td style="border-bottom: #ffffff 1px solid; text-align: left; padding-bottom: 0.5pt; padding-left: 0pt; width: 240.34pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="border-bottom: #ffffff 1px solid; width: 6pt; padding: 0pt;">​</td>
<td style="border-bottom: #ffffff 1px solid; width: 6pt; padding: 0pt;">​</td>
<td style="border-bottom: #000000 1px solid; padding-bottom: 1.417pt; padding-left: 0pt; padding-right: 0pt; padding-top: 1.833pt;" colspan="4">
<div style="text-align: center;">Quoted Prices <br />in Active <br />Markets for <br />Identical <br />Assets <br />Level 1</div>
</td>
<td style="border-bottom: #ffffff 1px solid; width: 6pt; padding: 0pt;">​</td>
<td style="border-bottom: #ffffff 1px solid; width: 6pt; padding: 0pt;">​</td>
<td style="border-bottom: #000000 1px solid; padding-bottom: 1.417pt; padding-left: 0pt; padding-right: 0pt; padding-top: 1.833pt;" colspan="4">
<div style="text-align: center;">Significant <br />Other <br />Observable <br />Inputs <br />Level 2</div>
</td>
<td style="border-bottom: #ffffff 1px solid; width: 6pt; padding: 0pt;">​</td>
<td style="border-bottom: #ffffff 1px solid; width: 6pt; padding: 0pt;">​</td>
<td style="border-bottom: #000000 1px solid; padding-bottom: 1.417pt; padding-left: 0pt; padding-right: 0pt; padding-top: 1.833pt;" colspan="4">
<div style="text-align: center;">Significant <br />Unobservable <br />Inputs <br />Level 3</div>
</td>
<td style="border-bottom: #ffffff 1px solid; width: 6pt; padding: 0pt;">​</td>
<td style="border-bottom: #ffffff 1px solid; width: 6pt; padding: 0pt;">​</td>
<td style="border-bottom: #000000 1px solid; padding-bottom: 1.417pt; padding-left: 0pt; padding-right: 0pt; padding-top: 1.833pt;" colspan="4">
<div style="text-align: center; white-space: nowrap;">Total</div>
</td>
<td style="border-bottom: #ffffff 1px solid; width: 0pt; padding: 0pt;">​</td>
</tr>
<tr style="text-align: left; text-transform: none; font: bold italic 8pt/8pt 'times new roman', times, serif; white-space: nowrap; color: #000000; vertical-align: bottom;">
<td style="padding-bottom: 0.5pt; padding-left: 0pt; width: 240.34pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="text-align: center; padding-bottom: 0.5pt; padding-left: 0pt; width: 0pt; padding-right: 0pt; padding-top: 2.5pt;" colspan="22">
<div style="text-align: center; white-space: nowrap;">(in thousands)</div>
</td>
<td style="width: 0pt; padding: 0pt;">​</td>
</tr>
<tr style="text-align: left; text-transform: none; background-color: #cceeff; font: 10pt/10pt 'times new roman', times, serif; white-space: nowrap; color: #000000; vertical-align: bottom;">
<td style="padding-bottom: 0.75pt; padding-left: 0pt; width: 240.34pt; padding-right: 0pt; padding-top: 2.75pt;">Available-for-sale securities</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td colspan="6">​</td>
<td colspan="6">​</td>
<td colspan="6">​</td>
<td colspan="6">​</td>
</tr>
<tr style="text-align: left; text-transform: none; font: 10pt/10pt 'times new roman', times, serif; white-space: nowrap; color: #000000; vertical-align: bottom;">
<td style="padding-bottom: 0.75pt; padding-left: 0pt; width: 240.34pt; padding-right: 0pt; padding-top: 2.75pt;">Fixed maturity securities:</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td colspan="6">​</td>
<td colspan="6">​</td>
<td colspan="6">​</td>
<td colspan="6">​</td>
</tr>
<tr style="text-align: right; text-transform: none; background-color: #cceeff; font: 10pt/10pt 'times new roman', times, serif; white-space: nowrap; color: #000000; vertical-align: bottom;">
<td style="text-align: left; padding-bottom: 0.75pt; padding-left: 0pt; width: 240.34pt; padding-right: 0pt; padding-top: 2.75pt;">
<div style="margin-left: 10pt;">State and municipal</div>
</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="padding-bottom: 0pt; padding-left: 7.35pt; width: 0pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="min-width: 3.75pt; text-align: right; padding-bottom: 0.75pt; padding-left: 0pt; padding-right: 0pt; padding-top: 2.75pt;">$</td>
<td style="min-width: 21pt; text-align: right; padding-bottom: 0.75pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 2.75pt;">—</td>
<td style="padding-bottom: 0pt; padding-left: 7.35pt; width: 0pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="min-width: 3.75pt; text-align: right; padding-bottom: 0.75pt; padding-left: 0pt; padding-right: 0pt; padding-top: 2.75pt;">$</td>
<td style="min-width: 24.75pt; text-align: right; padding-bottom: 0.75pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 2.75pt;">99,046</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="padding-bottom: 0pt; padding-left: 12.42pt; width: 0pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="min-width: 3.75pt; text-align: right; padding-bottom: 0.75pt; padding-left: 0pt; padding-right: 0pt; padding-top: 2.75pt;">$</td>
<td style="min-width: 11.25pt; text-align: right; padding-bottom: 0.75pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 2.75pt;"> —</td>
<td style="padding-bottom: 0pt; padding-left: 12.42pt; width: 0pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="min-width: 3.75pt; text-align: right; padding-bottom: 0.75pt; padding-left: 0pt; padding-right: 0pt; padding-top: 2.75pt;">$</td>
<td style="min-width: 24.75pt; text-align: right; padding-bottom: 0.75pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 2.75pt;">99,046</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
</tr>
<tr style="text-align: right; text-transform: none; font: 10pt/10pt 'times new roman', times, serif; white-space: nowrap; color: #000000; vertical-align: bottom;">
<td style="text-align: left; padding-bottom: 0.75pt; padding-left: 0pt; width: 240.34pt; padding-right: 0pt; padding-top: 2.75pt;">
<div style="margin-left: 10pt;">Residential mortgage-backed</div>
</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="padding-bottom: 0pt; padding-left: 7.35pt; width: 0pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="min-width: 3.75pt; text-align: right; padding-bottom: 0.75pt; padding-left: 0pt; padding-right: 0pt; padding-top: 2.75pt;">​</td>
<td style="min-width: 21pt; text-align: right; padding-bottom: 0.75pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 2.75pt;">—</td>
<td style="padding-bottom: 0pt; padding-left: 7.35pt; width: 0pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="min-width: 3.75pt; text-align: right; padding-bottom: 0.75pt; padding-left: 0pt; padding-right: 0pt; padding-top: 2.75pt;">​</td>
<td style="min-width: 24.75pt; text-align: right; padding-bottom: 0.75pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 2.75pt;">115,249</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="padding-bottom: 0pt; padding-left: 12.42pt; width: 0pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="min-width: 3.75pt; text-align: right; padding-bottom: 0.75pt; padding-left: 0pt; padding-right: 0pt; padding-top: 2.75pt;">​</td>
<td style="min-width: 11.25pt; text-align: right; padding-bottom: 0.75pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 2.75pt;">—</td>
<td style="padding-bottom: 0pt; padding-left: 12.42pt; width: 0pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="min-width: 3.75pt; text-align: right; padding-bottom: 0.75pt; padding-left: 0pt; padding-right: 0pt; padding-top: 2.75pt;">​</td>
<td style="min-width: 24.75pt; text-align: right; padding-bottom: 0.75pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 2.75pt;">115,249</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
</tr>
<tr style="text-align: right; text-transform: none; background-color: #cceeff; font: 10pt/10pt 'times new roman', times, serif; white-space: nowrap; color: #000000; vertical-align: bottom;">
<td style="text-align: left; padding-bottom: 0.75pt; padding-left: 0pt; width: 240.34pt; padding-right: 0pt; padding-top: 2.75pt;">
<div style="margin-left: 10pt;">Corporate</div>
</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="padding-bottom: 0pt; padding-left: 7.35pt; width: 0pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="min-width: 3.75pt; text-align: right; padding-bottom: 0.75pt; padding-left: 0pt; padding-right: 0pt; padding-top: 2.75pt;">​</td>
<td style="min-width: 21pt; text-align: right; padding-bottom: 0.75pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 2.75pt;">—</td>
<td style="padding-bottom: 0pt; padding-left: 7.35pt; width: 0pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="min-width: 3.75pt; text-align: right; padding-bottom: 0.75pt; padding-left: 0pt; padding-right: 0pt; padding-top: 2.75pt;">​</td>
<td style="min-width: 24.75pt; text-align: right; padding-bottom: 0.75pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 2.75pt;">267,882</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="padding-bottom: 0pt; padding-left: 12.42pt; width: 0pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="min-width: 3.75pt; text-align: right; padding-bottom: 0.75pt; padding-left: 0pt; padding-right: 0pt; padding-top: 2.75pt;">​</td>
<td style="min-width: 11.25pt; text-align: right; padding-bottom: 0.75pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 2.75pt;">—</td>
<td style="padding-bottom: 0pt; padding-left: 12.42pt; width: 0pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="min-width: 3.75pt; text-align: right; padding-bottom: 0.75pt; padding-left: 0pt; padding-right: 0pt; padding-top: 2.75pt;">​</td>
<td style="min-width: 24.75pt; text-align: right; padding-bottom: 0.75pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 2.75pt;">267,882</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
</tr>
<tr style="text-align: right; text-transform: none; font: 10pt/10pt 'times new roman', times, serif; white-space: nowrap; color: #000000; vertical-align: bottom;">
<td style="text-align: left; padding-bottom: 0.75pt; padding-left: 0pt; width: 240.34pt; padding-right: 0pt; padding-top: 2.75pt;">
<div style="margin-left: 10pt;">Commercial mortgage and asset-backed</div>
</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="padding-bottom: 0pt; padding-left: 7.35pt; width: 0pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="min-width: 3.75pt; text-align: right; padding-bottom: 0.75pt; padding-left: 0pt; padding-right: 0pt; padding-top: 2.75pt;">​</td>
<td style="min-width: 21pt; text-align: right; padding-bottom: 0.75pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 2.75pt;">—</td>
<td style="padding-bottom: 0pt; padding-left: 7.35pt; width: 0pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="min-width: 3.75pt; text-align: right; padding-bottom: 0.75pt; padding-left: 0pt; padding-right: 0pt; padding-top: 2.75pt;">​</td>
<td style="min-width: 24.75pt; text-align: right; padding-bottom: 0.75pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 2.75pt;">113,341</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="padding-bottom: 0pt; padding-left: 12.42pt; width: 0pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="min-width: 3.75pt; text-align: right; padding-bottom: 0.75pt; padding-left: 0pt; padding-right: 0pt; padding-top: 2.75pt;">​</td>
<td style="min-width: 11.25pt; text-align: right; padding-bottom: 0.75pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 2.75pt;">—</td>
<td style="padding-bottom: 0pt; padding-left: 12.42pt; width: 0pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="min-width: 3.75pt; text-align: right; padding-bottom: 0.75pt; padding-left: 0pt; padding-right: 0pt; padding-top: 2.75pt;">​</td>
<td style="min-width: 24.75pt; text-align: right; padding-bottom: 0.75pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 2.75pt;">113,341</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
</tr>
<tr style="text-align: right; text-transform: none; background-color: #cceeff; font: 10pt/12pt 'times new roman', times, serif; white-space: nowrap; color: #000000; vertical-align: bottom;">
<td style="text-align: left; padding-bottom: 0.5pt; padding-left: 0pt; width: 240.34pt; padding-right: 0pt; white-space: normal; padding-top: 1.417pt;">
<div style="text-indent: -10pt; margin-left: 20pt;">Obligations of U.S. government corporations and agencies</div>
</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="padding-bottom: 0pt; padding-left: 7.35pt; width: 0pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="min-width: 3.75pt; text-align: right; padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 1.417pt;">​</td>
<td style="min-width: 21pt; text-align: right; padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 1.417pt;">—</td>
<td style="padding-bottom: 0pt; padding-left: 7.35pt; width: 0pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="min-width: 3.75pt; text-align: right; padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 1.417pt;">​</td>
<td style="min-width: 24.75pt; text-align: right; padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 1.417pt;">101,275</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="padding-bottom: 0pt; padding-left: 12.42pt; width: 0pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="min-width: 3.75pt; text-align: right; padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 1.417pt;">​</td>
<td style="min-width: 11.25pt; text-align: right; padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 1.417pt;">—</td>
<td style="padding-bottom: 0pt; padding-left: 12.42pt; width: 0pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="min-width: 3.75pt; text-align: right; padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 1.417pt;">​</td>
<td style="min-width: 24.75pt; text-align: right; padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 1.417pt;">101,275</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
</tr>
<tr style="text-align: right; text-transform: none; font: 10pt/12pt 'times new roman', times, serif; white-space: nowrap; color: #000000; vertical-align: bottom;">
<td style="text-align: left; padding-bottom: 0.5pt; padding-left: 0pt; width: 240.34pt; padding-right: 0pt; padding-top: 1.417pt;">
<div style="text-indent: -10pt; margin-left: 20pt;">U.S. Treasury securities and obligations guaranteed by <br />the U.S. government</div>
</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="padding-bottom: 0pt; padding-left: 7.35pt; width: 0pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="min-width: 3.75pt; text-align: right; padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 1.417pt;">​</td>
<td style="min-width: 21pt; text-align: right; padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 1.417pt;">56,891</td>
<td style="padding-bottom: 0pt; padding-left: 7.35pt; width: 0pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="min-width: 3.75pt; text-align: right; padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 1.417pt;">​</td>
<td style="min-width: 24.75pt; text-align: right; padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 1.417pt;">1,378</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="padding-bottom: 0pt; padding-left: 12.42pt; width: 0pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="min-width: 3.75pt; text-align: right; padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 1.417pt;">​</td>
<td style="min-width: 11.25pt; text-align: right; padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 1.417pt;">—</td>
<td style="padding-bottom: 0pt; padding-left: 12.42pt; width: 0pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="min-width: 3.75pt; text-align: right; padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 1.417pt;">​</td>
<td style="min-width: 24.75pt; text-align: right; padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 1.417pt;">58,269</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
</tr>
<tr style="text-align: right; text-transform: none; background-color: #cceeff; font: 10pt/10pt 'times new roman', times, serif; white-space: nowrap; color: #000000; vertical-align: bottom;">
<td style="border-bottom: #cceeff 1px solid; text-align: left; padding-bottom: 1.75pt; padding-left: 0pt; width: 240.34pt; padding-right: 0pt; padding-top: 2.75pt;">
<div style="margin-left: 10pt;">Redeemable preferred stock</div>
</td>
<td style="border-bottom: #cceeff 1px solid; width: 6pt; padding: 0pt;">​</td>
<td style="border-bottom: #cceeff 1px solid; width: 6pt; padding: 0pt;">​</td>
<td style="border-bottom: #cceeff 1px solid; padding-bottom: 0pt; padding-left: 7.35pt; width: 0pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="border-bottom: #000000 1px solid; min-width: 3.75pt; text-align: right; padding-bottom: 1.75pt; padding-left: 0pt; padding-right: 0pt; padding-top: 2.75pt;">​</td>
<td style="border-bottom: #000000 1px solid; min-width: 21pt; text-align: right; padding-bottom: 1.75pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 2.75pt;">—</td>
<td style="border-bottom: #cceeff 1px solid; padding-bottom: 0pt; padding-left: 7.35pt; width: 0pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="border-bottom: #cceeff 1px solid; width: 6pt; padding: 0pt;">​</td>
<td style="border-bottom: #cceeff 1px solid; width: 6pt; padding: 0pt;">​</td>
<td style="border-bottom: #cceeff 1px solid; width: 0pt; padding: 0pt;">​</td>
<td style="border-bottom: #000000 1px solid; min-width: 3.75pt; text-align: right; padding-bottom: 1.75pt; padding-left: 0pt; padding-right: 0pt; padding-top: 2.75pt;">​</td>
<td style="border-bottom: #000000 1px solid; min-width: 24.75pt; text-align: right; padding-bottom: 1.75pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 2.75pt;">1,901</td>
<td style="border-bottom: #cceeff 1px solid; width: 0pt; padding: 0pt;">​</td>
<td style="border-bottom: #cceeff 1px solid; width: 6pt; padding: 0pt;">​</td>
<td style="border-bottom: #cceeff 1px solid; width: 6pt; padding: 0pt;">​</td>
<td style="border-bottom: #cceeff 1px solid; padding-bottom: 0pt; padding-left: 12.42pt; width: 0pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="border-bottom: #000000 1px solid; min-width: 3.75pt; text-align: right; padding-bottom: 1.75pt; padding-left: 0pt; padding-right: 0pt; padding-top: 2.75pt;">​</td>
<td style="border-bottom: #000000 1px solid; min-width: 11.25pt; text-align: right; padding-bottom: 1.75pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 2.75pt;">—</td>
<td style="border-bottom: #cceeff 1px solid; padding-bottom: 0pt; padding-left: 12.42pt; width: 0pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="border-bottom: #cceeff 1px solid; width: 6pt; padding: 0pt;">​</td>
<td style="border-bottom: #cceeff 1px solid; width: 6pt; padding: 0pt;">​</td>
<td style="border-bottom: #cceeff 1px solid; width: 0pt; padding: 0pt;">​</td>
<td style="border-bottom: #000000 1px solid; min-width: 3.75pt; text-align: right; padding-bottom: 1.75pt; padding-left: 0pt; padding-right: 0pt; padding-top: 2.75pt;">​</td>
<td style="border-bottom: #000000 1px solid; min-width: 24.75pt; text-align: right; padding-bottom: 1.75pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 2.75pt;">1,901</td>
<td style="border-bottom: #cceeff 1px solid; width: 0pt; padding: 0pt;">​</td>
<td style="border-bottom: #cceeff 1px solid; width: 0pt; padding: 0pt;">​</td>
</tr>
<tr style="text-align: right; text-transform: none; font: 10pt/10pt 'times new roman', times, serif; white-space: nowrap; color: #000000; vertical-align: bottom;">
<td style="text-align: left; padding-bottom: 0.75pt; padding-left: 0pt; width: 240.34pt; padding-right: 0pt; padding-top: 2.5pt;">
<div style="white-space: nowrap;">Total fixed maturity securities</div>
</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="padding-bottom: 0pt; padding-left: 7.35pt; width: 0pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="min-width: 3.75pt; text-align: right; padding-bottom: 0.75pt; padding-left: 0pt; padding-right: 0pt; padding-top: 2.5pt;">​</td>
<td style="min-width: 21pt; text-align: right; padding-bottom: 0.75pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 2.5pt;">56,891</td>
<td style="padding-bottom: 0pt; padding-left: 7.35pt; width: 0pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="min-width: 3.75pt; text-align: right; padding-bottom: 0.75pt; padding-left: 0pt; padding-right: 0pt; padding-top: 2.5pt;">​</td>
<td style="min-width: 24.75pt; text-align: right; padding-bottom: 0.75pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 2.5pt;">700,072</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="padding-bottom: 0pt; padding-left: 12.42pt; width: 0pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="min-width: 3.75pt; text-align: right; padding-bottom: 0.75pt; padding-left: 0pt; padding-right: 0pt; padding-top: 2.5pt;">​</td>
<td style="min-width: 11.25pt; text-align: right; padding-bottom: 0.75pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 2.5pt;">—</td>
<td style="padding-bottom: 0pt; padding-left: 12.42pt; width: 0pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="min-width: 3.75pt; text-align: right; padding-bottom: 0.75pt; padding-left: 0pt; padding-right: 0pt; padding-top: 2.5pt;">​</td>
<td style="min-width: 24.75pt; text-align: right; padding-bottom: 0.75pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 2.5pt;">756,963</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
</tr>
<tr style="text-align: left; text-transform: none; background-color: #cceeff; font: 10pt/10pt 'times new roman', times, serif; white-space: nowrap; color: #000000; vertical-align: bottom;">
<td style="padding-bottom: 0.75pt; padding-left: 0pt; width: 240.34pt; padding-right: 0pt; padding-top: 2.75pt;">Equity securities:</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td colspan="6">​</td>
<td colspan="6">​</td>
<td colspan="6">​</td>
<td colspan="6">​</td>
</tr>
<tr style="text-align: right; text-transform: none; font: 10pt/10pt 'times new roman', times, serif; white-space: nowrap; color: #000000; vertical-align: bottom;">
<td style="text-align: left; padding-bottom: 0.75pt; padding-left: 0pt; width: 240.34pt; padding-right: 0pt; padding-top: 2.75pt;">
<div style="margin-left: 10pt;">Preferred stock</div>
</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="padding-bottom: 0pt; padding-left: 7.35pt; width: 0pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="min-width: 3.75pt; text-align: right; padding-bottom: 0.75pt; padding-left: 0pt; padding-right: 0pt; padding-top: 2.75pt;">​</td>
<td style="min-width: 21pt; text-align: right; padding-bottom: 0.75pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 2.75pt;">—</td>
<td style="padding-bottom: 0pt; padding-left: 7.35pt; width: 0pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="min-width: 3.75pt; text-align: right; padding-bottom: 0.75pt; padding-left: 0pt; padding-right: 0pt; padding-top: 2.75pt;">​</td>
<td style="min-width: 24.75pt; text-align: right; padding-bottom: 0.75pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 2.75pt;">49,601</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="padding-bottom: 0pt; padding-left: 12.42pt; width: 0pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="min-width: 3.75pt; text-align: right; padding-bottom: 0.75pt; padding-left: 0pt; padding-right: 0pt; padding-top: 2.75pt;">​</td>
<td style="min-width: 11.25pt; text-align: right; padding-bottom: 0.75pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 2.75pt;">—</td>
<td style="padding-bottom: 0pt; padding-left: 12.42pt; width: 0pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="min-width: 3.75pt; text-align: right; padding-bottom: 0.75pt; padding-left: 0pt; padding-right: 0pt; padding-top: 2.75pt;">​</td>
<td style="min-width: 24.75pt; text-align: right; padding-bottom: 0.75pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 2.75pt;">49,601</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
</tr>
<tr style="text-align: right; text-transform: none; background-color: #cceeff; font: 10pt/10pt 'times new roman', times, serif; white-space: nowrap; color: #000000; vertical-align: bottom;">
<td style="border-bottom: #cceeff 1px solid; text-align: left; padding-bottom: 1.75pt; padding-left: 0pt; width: 240.34pt; padding-right: 0pt; padding-top: 2.75pt;">
<div style="margin-left: 10pt;">Common stock</div>
</td>
<td style="border-bottom: #cceeff 1px solid; width: 6pt; padding: 0pt;">​</td>
<td style="border-bottom: #cceeff 1px solid; width: 6pt; padding: 0pt;">​</td>
<td style="border-bottom: #cceeff 1px solid; padding-bottom: 0pt; padding-left: 7.35pt; width: 0pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="border-bottom: #000000 1px solid; min-width: 3.75pt; text-align: right; padding-bottom: 1.75pt; padding-left: 0pt; padding-right: 0pt; padding-top: 2.75pt;">​</td>
<td style="border-bottom: #000000 1px solid; min-width: 21pt; text-align: right; padding-bottom: 1.75pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 2.75pt;">17,570</td>
<td style="border-bottom: #cceeff 1px solid; padding-bottom: 0pt; padding-left: 7.35pt; width: 0pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="border-bottom: #cceeff 1px solid; width: 6pt; padding: 0pt;">​</td>
<td style="border-bottom: #cceeff 1px solid; width: 6pt; padding: 0pt;">​</td>
<td style="border-bottom: #cceeff 1px solid; width: 0pt; padding: 0pt;">​</td>
<td style="border-bottom: #000000 1px solid; min-width: 3.75pt; text-align: right; padding-bottom: 1.75pt; padding-left: 0pt; padding-right: 0pt; padding-top: 2.75pt;">​</td>
<td style="border-bottom: #000000 1px solid; min-width: 24.75pt; text-align: right; padding-bottom: 1.75pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 2.75pt;">734</td>
<td style="border-bottom: #cceeff 1px solid; width: 0pt; padding: 0pt;">​</td>
<td style="border-bottom: #cceeff 1px solid; width: 6pt; padding: 0pt;">​</td>
<td style="border-bottom: #cceeff 1px solid; width: 6pt; padding: 0pt;">​</td>
<td style="border-bottom: #cceeff 1px solid; padding-bottom: 0pt; padding-left: 12.42pt; width: 0pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="border-bottom: #000000 1px solid; min-width: 3.75pt; text-align: right; padding-bottom: 1.75pt; padding-left: 0pt; padding-right: 0pt; padding-top: 2.75pt;">​</td>
<td style="border-bottom: #000000 1px solid; min-width: 11.25pt; text-align: right; padding-bottom: 1.75pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 2.75pt;">—</td>
<td style="border-bottom: #cceeff 1px solid; padding-bottom: 0pt; padding-left: 12.42pt; width: 0pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="border-bottom: #cceeff 1px solid; width: 6pt; padding: 0pt;">​</td>
<td style="border-bottom: #cceeff 1px solid; width: 6pt; padding: 0pt;">​</td>
<td style="border-bottom: #cceeff 1px solid; width: 0pt; padding: 0pt;">​</td>
<td style="border-bottom: #000000 1px solid; min-width: 3.75pt; text-align: right; padding-bottom: 1.75pt; padding-left: 0pt; padding-right: 0pt; padding-top: 2.75pt;">​</td>
<td style="border-bottom: #000000 1px solid; min-width: 24.75pt; text-align: right; padding-bottom: 1.75pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 2.75pt;">18,304</td>
<td style="border-bottom: #cceeff 1px solid; width: 0pt; padding: 0pt;">​</td>
<td style="border-bottom: #cceeff 1px solid; width: 0pt; padding: 0pt;">​</td>
</tr>
<tr style="text-align: right; text-transform: none; font: 10pt/10pt 'times new roman', times, serif; white-space: nowrap; color: #000000; vertical-align: bottom;">
<td style="border-bottom: #ffffff 1px solid; text-align: left; padding-bottom: 1.75pt; padding-left: 0pt; width: 240.34pt; padding-right: 0pt; padding-top: 2.5pt;">
<div style="white-space: nowrap;">Total equity securities</div>
</td>
<td style="border-bottom: #ffffff 1px solid; width: 6pt; padding: 0pt;">​</td>
<td style="border-bottom: #ffffff 1px solid; width: 6pt; padding: 0pt;">​</td>
<td style="border-bottom: #ffffff 1px solid; padding-bottom: 0pt; padding-left: 7.35pt; width: 0pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="border-bottom: #000000 1px solid; min-width: 3.75pt; text-align: right; padding-bottom: 1.75pt; padding-left: 0pt; padding-right: 0pt; padding-top: 2.5pt;">​</td>
<td style="border-bottom: #000000 1px solid; min-width: 21pt; text-align: right; padding-bottom: 1.75pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 2.5pt;">17,570</td>
<td style="border-bottom: #ffffff 1px solid; padding-bottom: 0pt; padding-left: 7.35pt; width: 0pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="border-bottom: #ffffff 1px solid; width: 6pt; padding: 0pt;">​</td>
<td style="border-bottom: #ffffff 1px solid; width: 6pt; padding: 0pt;">​</td>
<td style="border-bottom: #ffffff 1px solid; width: 0pt; padding: 0pt;">​</td>
<td style="border-bottom: #000000 1px solid; min-width: 3.75pt; text-align: right; padding-bottom: 1.75pt; padding-left: 0pt; padding-right: 0pt; padding-top: 2.5pt;">​</td>
<td style="border-bottom: #000000 1px solid; min-width: 24.75pt; text-align: right; padding-bottom: 1.75pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 2.5pt;">50,335</td>
<td style="border-bottom: #ffffff 1px solid; width: 0pt; padding: 0pt;">​</td>
<td style="border-bottom: #ffffff 1px solid; width: 6pt; padding: 0pt;">​</td>
<td style="border-bottom: #ffffff 1px solid; width: 6pt; padding: 0pt;">​</td>
<td style="border-bottom: #ffffff 1px solid; padding-bottom: 0pt; padding-left: 12.42pt; width: 0pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="border-bottom: #000000 1px solid; min-width: 3.75pt; text-align: right; padding-bottom: 1.75pt; padding-left: 0pt; padding-right: 0pt; padding-top: 2.5pt;">​</td>
<td style="border-bottom: #000000 1px solid; min-width: 11.25pt; text-align: right; padding-bottom: 1.75pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 2.5pt;">—</td>
<td style="border-bottom: #ffffff 1px solid; padding-bottom: 0pt; padding-left: 12.42pt; width: 0pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="border-bottom: #ffffff 1px solid; width: 6pt; padding: 0pt;">​</td>
<td style="border-bottom: #ffffff 1px solid; width: 6pt; padding: 0pt;">​</td>
<td style="border-bottom: #ffffff 1px solid; width: 0pt; padding: 0pt;">​</td>
<td style="border-bottom: #000000 1px solid; min-width: 3.75pt; text-align: right; padding-bottom: 1.75pt; padding-left: 0pt; padding-right: 0pt; padding-top: 2.5pt;">​</td>
<td style="border-bottom: #000000 1px solid; min-width: 24.75pt; text-align: right; padding-bottom: 1.75pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 2.5pt;">67,905</td>
<td style="border-bottom: #ffffff 1px solid; width: 0pt; padding: 0pt;">​</td>
<td style="border-bottom: #ffffff 1px solid; width: 0pt; padding: 0pt;">​</td>
</tr>
<tr style="text-align: right; text-transform: none; background-color: #cceeff; font: 10pt/10pt 'times new roman', times, serif; white-space: nowrap; color: #000000; vertical-align: bottom;">
<td style="text-align: left; padding-bottom: 2.5pt; padding-left: 0pt; width: 240.34pt; padding-right: 0pt; padding-top: 2.5pt;">
<div style="white-space: nowrap;">Total available-for-sale securities</div>
</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="padding-bottom: 0pt; padding-left: 7.35pt; width: 0pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="border-bottom: #000000 3px double; min-width: 3.75pt; text-align: right; padding-bottom: 1.75pt; padding-left: 0pt; padding-right: 0pt; padding-top: 2.5pt;">$</td>
<td style="border-bottom: #000000 3px double; min-width: 21pt; text-align: right; padding-bottom: 1.75pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 2.5pt;">74,461</td>
<td style="padding-bottom: 0pt; padding-left: 7.35pt; width: 0pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="border-bottom: #000000 3px double; min-width: 3.75pt; text-align: right; padding-bottom: 1.75pt; padding-left: 0pt; padding-right: 0pt; padding-top: 2.5pt;">$</td>
<td style="border-bottom: #000000 3px double; min-width: 24.75pt; text-align: right; padding-bottom: 1.75pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 2.5pt;">750,407</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="padding-bottom: 0pt; padding-left: 12.42pt; width: 0pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="border-bottom: #000000 3px double; min-width: 3.75pt; text-align: right; padding-bottom: 1.75pt; padding-left: 0pt; padding-right: 0pt; padding-top: 2.5pt;">$</td>
<td style="border-bottom: #000000 3px double; min-width: 11.25pt; text-align: right; padding-bottom: 1.75pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 2.5pt;">—</td>
<td style="padding-bottom: 0pt; padding-left: 12.42pt; width: 0pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="border-bottom: #000000 3px double; min-width: 3.75pt; text-align: right; padding-bottom: 1.75pt; padding-left: 0pt; padding-right: 0pt; padding-top: 2.5pt;">$</td>
<td style="border-bottom: #000000 3px double; min-width: 24.75pt; text-align: right; padding-bottom: 1.75pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 2.5pt;">824,868</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
</tr>
<tr style="text-align: left; text-transform: none; font: 10pt/10pt 'times new roman', times, serif; white-space: nowrap; color: #000000; vertical-align: bottom;">
<td style="padding-bottom: 0.75pt; padding-left: 0pt; width: 240.34pt; padding-right: 0pt; padding-top: 2pt;">Trading securities:</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td colspan="6">​</td>
<td colspan="6">​</td>
<td colspan="6">​</td>
<td colspan="6">​</td>
</tr>
<tr style="text-align: right; text-transform: none; background-color: #cceeff; font: 10pt/10pt 'times new roman', times, serif; white-space: nowrap; color: #000000; vertical-align: bottom;">
<td style="text-align: left; padding-bottom: 2.5pt; padding-left: 0pt; width: 240.34pt; padding-right: 0pt; padding-top: 2.75pt;">
<div style="margin-left: 10pt;">Fixed maturity securities</div>
</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="padding-bottom: 0pt; padding-left: 7.35pt; width: 0pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="border-bottom: #000000 3px double; min-width: 3.75pt; text-align: right; padding-bottom: 1.75pt; padding-left: 0pt; padding-right: 0pt; padding-top: 2.75pt;">$</td>
<td style="border-bottom: #000000 3px double; min-width: 21pt; text-align: right; padding-bottom: 1.75pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 2.75pt;">—</td>
<td style="padding-bottom: 0pt; padding-left: 7.35pt; width: 0pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="border-bottom: #000000 3px double; min-width: 3.75pt; text-align: right; padding-bottom: 1.75pt; padding-left: 0pt; padding-right: 0pt; padding-top: 2.75pt;">$</td>
<td style="border-bottom: #000000 3px double; min-width: 24.75pt; text-align: right; padding-bottom: 1.75pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 2.75pt;">7,388</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="padding-bottom: 0pt; padding-left: 12.42pt; width: 0pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="border-bottom: #000000 3px double; min-width: 3.75pt; text-align: right; padding-bottom: 1.75pt; padding-left: 0pt; padding-right: 0pt; padding-top: 2.75pt;">$</td>
<td style="border-bottom: #000000 3px double; min-width: 11.25pt; text-align: right; padding-bottom: 1.75pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 2.75pt;">—</td>
<td style="padding-bottom: 0pt; padding-left: 12.42pt; width: 0pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="border-bottom: #000000 3px double; min-width: 3.75pt; text-align: right; padding-bottom: 1.75pt; padding-left: 0pt; padding-right: 0pt; padding-top: 2.75pt;">$</td>
<td style="border-bottom: #000000 3px double; min-width: 24.75pt; text-align: right; padding-bottom: 1.75pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 2.75pt;">7,388</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
</tr>
<tr style="text-align: right; text-transform: none; font: 10pt/10pt 'times new roman', times, serif; white-space: nowrap; color: #000000; vertical-align: bottom;">
<td style="text-align: left; padding-bottom: 2.75pt; padding-left: 0pt; width: 240.34pt; padding-right: 0pt; padding-top: 2pt;">
<div style="white-space: nowrap;">Short-term investments</div>
</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="padding-bottom: 0pt; padding-left: 7.35pt; width: 0pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="border-bottom: #000000 3px double; min-width: 3.75pt; text-align: right; padding-bottom: 2pt; padding-left: 0pt; padding-right: 0pt; padding-top: 2pt;">$</td>
<td style="border-bottom: #000000 3px double; min-width: 21pt; text-align: right; padding-bottom: 2pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 2pt;">58,507</td>
<td style="padding-bottom: 0pt; padding-left: 7.35pt; width: 0pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="border-bottom: #000000 3px double; min-width: 3.75pt; text-align: right; padding-bottom: 2pt; padding-left: 0pt; padding-right: 0pt; padding-top: 2pt;">$</td>
<td style="border-bottom: #000000 3px double; min-width: 24.75pt; text-align: right; padding-bottom: 2pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 2pt;">73,349</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="padding-bottom: 0pt; padding-left: 12.42pt; width: 0pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="border-bottom: #000000 3px double; min-width: 3.75pt; text-align: right; padding-bottom: 2pt; padding-left: 0pt; padding-right: 0pt; padding-top: 2pt;">$</td>
<td style="border-bottom: #000000 3px double; min-width: 11.25pt; text-align: right; padding-bottom: 2pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 2pt;">—</td>
<td style="padding-bottom: 0pt; padding-left: 12.42pt; width: 0pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="border-bottom: #000000 3px double; min-width: 3.75pt; text-align: right; padding-bottom: 2pt; padding-left: 0pt; padding-right: 0pt; padding-top: 2pt;">$</td>
<td style="border-bottom: #000000 3px double; min-width: 24.75pt; text-align: right; padding-bottom: 2pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 2pt;">131,856</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
</tr>
<tr style="line-height: 4.75pt; height: 4.75pt;">
<td style="line-height: 0pt; font-size: 0pt; padding: 0pt;" colspan="30">​</td>
</tr>
</table>
<div style="widows: 1; text-transform: none; margin-top: 13.73pt; text-indent: 20pt; font: 13px/12pt 'times new roman', times, serif; white-space: normal; letter-spacing: normal; color: #000000; word-spacing: 0px; -webkit-text-stroke-width: 0px;">
<div style="widows: 1; text-transform: none; margin-top: 13.73pt; text-indent: 20pt; font: 13px/12pt 'times new roman', times, serif; white-space: normal; letter-spacing: normal; color: #000000; word-spacing: 0px; -webkit-text-stroke-width: 0px;">A reconciliation of the beginning and ending balances of available-for-sale fixed maturity securities measured at fair value on a recurring basis using significant unobservable inputs (Level 3) is shown below:</div>
<table align="center" style="widows: 1; text-transform: none; margin-top: 8pt; text-indent: 0px; width: 100%; border-collapse: collapse; font: 13px 'times new roman', times, serif; white-space: normal; letter-spacing: normal; height: 161px; color: #000000; word-spacing: 0px; -webkit-text-stroke-width: 0px;" border="0">
<tr style="text-align: left; text-transform: none; font: bold 8pt/8pt 'times new roman', times, serif; white-space: nowrap; color: #000000; vertical-align: bottom;">
<td style="border-bottom: #ffffff 1px solid; padding-bottom: 0.5pt; padding-left: 0pt; width: 312.29pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="border-bottom: #ffffff 1px solid; width: 6pt; padding: 0pt;">​</td>
<td style="border-bottom: #ffffff 1px solid; width: 6pt; padding: 0pt;">​</td>
<td style="border-bottom: #000000 1px solid; text-align: center; padding-bottom: 1.5pt; padding-left: 0pt; width: 0pt; padding-right: 0pt; padding-top: 0pt;" colspan="16">
<div style="text-align: center; white-space: nowrap;">Year Ended December 31,</div>
</td>
<td style="border-bottom: #ffffff 1px solid; width: 0pt; padding: 0pt;">​</td>
</tr>
<tr style="text-align: center; text-transform: none; font: bold 8pt/8pt 'times new roman', times, serif; white-space: nowrap; color: #000000; vertical-align: bottom;">
<td style="border-bottom: #ffffff 1px solid; text-align: left; padding-bottom: 0.5pt; padding-left: 0pt; width: 312.29pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="border-bottom: #ffffff 1px solid; width: 6pt; padding: 0pt;">​</td>
<td style="border-bottom: #ffffff 1px solid; width: 6pt; padding: 0pt;">​</td>
<td style="border-bottom: #000000 1px solid; padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 2.25pt;" colspan="4">
<div style="text-align: center; white-space: nowrap;">2015</div>
</td>
<td style="border-bottom: #ffffff 1px solid; width: 6pt; padding: 0pt;">​</td>
<td style="border-bottom: #ffffff 1px solid; width: 6pt; padding: 0pt;">​</td>
<td style="border-bottom: #000000 1px solid; padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 2.25pt;" colspan="4">
<div style="text-align: center; white-space: nowrap;">2014</div>
</td>
<td style="border-bottom: #ffffff 1px solid; width: 6pt; padding: 0pt;">​</td>
<td style="border-bottom: #ffffff 1px solid; width: 6pt; padding: 0pt;">​</td>
<td style="border-bottom: #000000 1px solid; padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 2.25pt;" colspan="4">
<div style="text-align: center; white-space: nowrap;">2013</div>
</td>
<td style="border-bottom: #ffffff 1px solid; width: 0pt; padding: 0pt;">​</td>
</tr>
<tr style="text-align: left; text-transform: none; font: bold italic 8pt/8pt 'times new roman', times, serif; white-space: nowrap; color: #000000; vertical-align: bottom;">
<td style="padding-bottom: 0.5pt; padding-left: 0pt; width: 312.29pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="text-align: center; padding-bottom: 0.5pt; padding-left: 0pt; width: 0pt; padding-right: 0pt; padding-top: 2.25pt;" colspan="16">
<div style="text-align: center; white-space: nowrap;">(in thousands)</div>
</td>
<td style="width: 0pt; padding: 0pt;">​</td>
</tr>
<tr style="text-align: right; text-transform: none; background-color: #cceeff; font: 10pt/10pt 'times new roman', times, serif; white-space: nowrap; color: #000000; vertical-align: bottom;">
<td style="text-align: left; padding-bottom: 0.5pt; padding-left: 0pt; width: 312.29pt; padding-right: 0pt; padding-top: 2.5pt;">
<div style="white-space: nowrap;">Beginning balance</div>
</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="min-width: 3.75pt; text-align: right; padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 2.5pt;">$</td>
<td style="min-width: 17.25pt; text-align: right; padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 2.5pt;"> —</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="min-width: 3.75pt; text-align: right; padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 2.5pt;">$</td>
<td style="min-width: 11.25pt; text-align: right; padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 2.5pt;"> —</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="min-width: 3.75pt; text-align: right; padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 2.5pt;">$</td>
<td style="min-width: 11.25pt; text-align: right; padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 2.5pt;"> —</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
</tr>
<tr style="text-align: right; text-transform: none; font: 10pt/10pt 'times new roman', times, serif; white-space: nowrap; color: #000000; vertical-align: bottom;">
<td style="text-align: left; padding-bottom: 0.5pt; padding-left: 0pt; width: 312.29pt; padding-right: 0pt; padding-top: 2.5pt;">
<div style="white-space: nowrap;">Transfers out of Level 3</div>
</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="min-width: 3.75pt; text-align: right; padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 2.5pt;">​</td>
<td style="min-width: 17.25pt; text-align: right; padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 2.5pt;">—</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="min-width: 3.75pt; text-align: right; padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 2.5pt;">​</td>
<td style="min-width: 11.25pt; text-align: right; padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 2.5pt;">—</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="min-width: 3.75pt; text-align: right; padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 2.5pt;">​</td>
<td style="min-width: 11.25pt; text-align: right; padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 2.5pt;">—</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
</tr>
<tr style="text-align: right; text-transform: none; background-color: #cceeff; font: 10pt/10pt 'times new roman', times, serif; white-space: nowrap; color: #000000; vertical-align: bottom;">
<td style="text-align: left; padding-bottom: 0.5pt; padding-left: 0pt; width: 312.29pt; padding-right: 0pt; padding-top: 2.5pt;">
<div style="white-space: nowrap;">Transfers in to Level 3</div>
</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="min-width: 3.75pt; text-align: right; padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 2.5pt;">​</td>
<td style="min-width: 17.25pt; text-align: right; padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 2.5pt;">—</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="min-width: 3.75pt; text-align: right; padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 2.5pt;">​</td>
<td style="min-width: 11.25pt; text-align: right; padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 2.5pt;">—</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="min-width: 3.75pt; text-align: right; padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 2.5pt;">​</td>
<td style="min-width: 11.25pt; text-align: right; padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 2.5pt;">—</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
</tr>
<tr style="text-align: right; text-transform: none; font: 10pt/10pt 'times new roman', times, serif; white-space: nowrap; color: #000000; vertical-align: bottom;">
<td style="text-align: left; padding-bottom: 0.5pt; padding-left: 0pt; width: 312.29pt; padding-right: 0pt; padding-top: 2.5pt;">
<div style="white-space: nowrap;">Purchases</div>
</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="min-width: 3.75pt; text-align: right; padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 2.5pt;">​</td>
<td style="min-width: 17.25pt; text-align: right; padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 2.5pt;">5,000</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="min-width: 3.75pt; text-align: right; padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 2.5pt;">​</td>
<td style="min-width: 11.25pt; text-align: right; padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 2.5pt;">—</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="min-width: 3.75pt; text-align: right; padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 2.5pt;">​</td>
<td style="min-width: 11.25pt; text-align: right; padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 2.5pt;">—</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
</tr>
<tr style="text-align: right; text-transform: none; background-color: #cceeff; font: 10pt/10pt 'times new roman', times, serif; white-space: nowrap; color: #000000; vertical-align: bottom;">
<td style="text-align: left; padding-bottom: 0.5pt; padding-left: 0pt; width: 312.29pt; padding-right: 0pt; padding-top: 2.5pt;">
<div style="white-space: nowrap;">Sales</div>
</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="min-width: 3.75pt; text-align: right; padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 2.5pt;">​</td>
<td style="min-width: 17.25pt; text-align: right; padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 2.5pt;">—</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="min-width: 3.75pt; text-align: right; padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 2.5pt;">​</td>
<td style="min-width: 11.25pt; text-align: right; padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 2.5pt;">—</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="min-width: 3.75pt; text-align: right; padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 2.5pt;">​</td>
<td style="min-width: 11.25pt; text-align: right; padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 2.5pt;">—</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
</tr>
<tr style="text-align: right; text-transform: none; font: 10pt/10pt 'times new roman', times, serif; white-space: nowrap; color: #000000; vertical-align: bottom;">
<td style="text-align: left; padding-bottom: 0.5pt; padding-left: 0pt; width: 312.29pt; padding-right: 0pt; padding-top: 2.5pt;">
<div style="white-space: nowrap;">Amortization of discount</div>
</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="min-width: 3.75pt; text-align: right; padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 2.5pt;">​</td>
<td style="min-width: 17.25pt; text-align: right; padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 2.5pt;">—</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="min-width: 3.75pt; text-align: right; padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 2.5pt;">​</td>
<td style="min-width: 11.25pt; text-align: right; padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 2.5pt;">—</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="min-width: 3.75pt; text-align: right; padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 2.5pt;">​</td>
<td style="min-width: 11.25pt; text-align: right; padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 2.5pt;">—</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
</tr>
<tr style="text-align: right; text-transform: none; background-color: #cceeff; font: 10pt/10pt 'times new roman', times, serif; white-space: nowrap; color: #000000; vertical-align: bottom;">
<td style="text-align: left; padding-bottom: 0.5pt; padding-left: 0pt; width: 312.29pt; padding-right: 0pt; padding-top: 2.5pt;">Total gains or losses (realized/unrealized):</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="min-width: 3.75pt; text-align: right; padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 2.5pt;">​</td>
<td style="min-width: 17.25pt; text-align: right; padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 2.5pt;">—</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="min-width: 3.75pt; text-align: right; padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 2.5pt;">​</td>
<td style="min-width: 11.25pt; text-align: right; padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 2.5pt;">—</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="min-width: 3.75pt; text-align: right; padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 2.5pt;">​</td>
<td style="min-width: 11.25pt; text-align: right; padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 2.5pt;">—</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
</tr>
<tr style="text-align: right; text-transform: none; font: 10pt/10pt 'times new roman', times, serif; white-space: nowrap; color: #000000; vertical-align: bottom;">
<td style="text-align: left; padding-bottom: 0.5pt; padding-left: 0pt; width: 312.29pt; padding-right: 0pt; padding-top: 2.5pt;">
<div style="margin-left: 10pt;">Included in earnings</div>
</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="min-width: 3.75pt; text-align: right; padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 2.5pt;">​</td>
<td style="min-width: 17.25pt; text-align: right; padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 2.5pt;">—</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="min-width: 3.75pt; text-align: right; padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 2.5pt;">​</td>
<td style="min-width: 11.25pt; text-align: right; padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 2.5pt;">—</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="min-width: 3.75pt; text-align: right; padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 2.5pt;">​</td>
<td style="min-width: 11.25pt; text-align: right; padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 2.5pt;">—</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
</tr>
<tr style="text-align: right; text-transform: none; background-color: #cceeff; font: 10pt/10pt 'times new roman', times, serif; white-space: nowrap; color: #000000; vertical-align: bottom;">
<td style="border-bottom: #cceeff 1px solid; text-align: left; padding-bottom: 0.5pt; padding-left: 0pt; width: 312.29pt; padding-right: 0pt; padding-top: 2.5pt;">
<div style="margin-left: 10pt;">Included in other comprehensive income</div>
</td>
<td style="border-bottom: #cceeff 1px solid; width: 6pt; padding: 0pt;">​</td>
<td style="border-bottom: #cceeff 1px solid; width: 6pt; padding: 0pt;">​</td>
<td style="border-bottom: #cceeff 1px solid; width: 0pt; padding: 0pt;">​</td>
<td style="border-bottom: #000000 1px solid; min-width: 3.75pt; text-align: right; padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 2.5pt;">​</td>
<td style="border-bottom: #000000 1px solid; min-width: 17.25pt; text-align: right; padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 2.5pt;">—</td>
<td style="border-bottom: #cceeff 1px solid; width: 0pt; padding: 0pt;">​</td>
<td style="border-bottom: #cceeff 1px solid; width: 6pt; padding: 0pt;">​</td>
<td style="border-bottom: #cceeff 1px solid; width: 6pt; padding: 0pt;">​</td>
<td style="border-bottom: #cceeff 1px solid; width: 0pt; padding: 0pt;">​</td>
<td style="border-bottom: #000000 1px solid; min-width: 3.75pt; text-align: right; padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 2.5pt;">​</td>
<td style="border-bottom: #000000 1px solid; min-width: 11.25pt; text-align: right; padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 2.5pt;">—</td>
<td style="border-bottom: #cceeff 1px solid; width: 0pt; padding: 0pt;">​</td>
<td style="border-bottom: #cceeff 1px solid; width: 6pt; padding: 0pt;">​</td>
<td style="border-bottom: #cceeff 1px solid; width: 6pt; padding: 0pt;">​</td>
<td style="border-bottom: #cceeff 1px solid; width: 0pt; padding: 0pt;">​</td>
<td style="border-bottom: #000000 1px solid; min-width: 3.75pt; text-align: right; padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 2.5pt;">​</td>
<td style="border-bottom: #000000 1px solid; min-width: 11.25pt; text-align: right; padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 2.5pt;">—</td>
<td style="border-bottom: #cceeff 1px solid; width: 0pt; padding: 0pt;">​</td>
<td style="border-bottom: #cceeff 1px solid; width: 0pt; padding: 0pt;">​</td>
</tr>
<tr style="text-align: right; text-transform: none; font: 10pt/10pt 'times new roman', times, serif; white-space: nowrap; color: #000000; vertical-align: bottom;">
<td style="text-align: left; padding-bottom: 2.75pt; padding-left: 0pt; width: 312.29pt; padding-right: 0pt; padding-top: 2.25pt;">
<div style="white-space: nowrap;">Ending balance</div>
</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="border-bottom: #000000 3px double; min-width: 3.75pt; text-align: right; padding-bottom: 2pt; padding-left: 0pt; padding-right: 0pt; padding-top: 2.25pt;">$</td>
<td style="border-bottom: #000000 3px double; min-width: 17.25pt; text-align: right; padding-bottom: 2pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 2.25pt;">5,000</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="border-bottom: #000000 3px double; min-width: 3.75pt; text-align: right; padding-bottom: 2pt; padding-left: 0pt; padding-right: 0pt; padding-top: 2.25pt;">$</td>
<td style="border-bottom: #000000 3px double; min-width: 11.25pt; text-align: right; padding-bottom: 2pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 2.25pt;">—</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="border-bottom: #000000 3px double; min-width: 3.75pt; text-align: right; padding-bottom: 2pt; padding-left: 0pt; padding-right: 0pt; padding-top: 2.25pt;">$</td>
<td style="border-bottom: #000000 3px double; min-width: 11.25pt; text-align: right; padding-bottom: 2pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 2.25pt;">—</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
</tr>
<tr style="line-height: 5pt; height: 5pt;">
<td style="line-height: 0pt; font-size: 0pt; padding: 0pt;" colspan="23">​</td>
</tr>
</table>
</div>
<div style="widows: 1; text-transform: none; margin-top: 13.73pt; text-indent: 20pt; font: 13px/12pt 'times new roman', times, serif; white-space: normal; letter-spacing: normal; color: #000000; word-spacing: 0px; -webkit-text-stroke-width: 0px;">
<div style="widows: 1; text-transform: none; margin-top: 1pt; text-indent: 20pt; font: 13px/12pt 'times new roman', times, serif; white-space: normal; letter-spacing: normal; color: #000000; word-spacing: 0px; -webkit-text-stroke-width: 0px;">At December 31, 2015, the Company held one available-for-sale fixed maturity security for which the fair value was determined using significant unobservable inputs (Level 3). A market approach using prices in trades of comparable securities was utilized to determine a fair value of  $5.0 million for the security at December 31, 2015.</div>
<div style="widows: 1; text-transform: none; margin-top: 6pt; text-indent: 20pt; font: 13px/12pt 'times new roman', times, serif; white-space: normal; letter-spacing: normal; color: #000000; word-spacing: 0px; -webkit-text-stroke-width: 0px;">Transfers out of Level 3 occur when the Company is able to obtain reliable prices from pricing vendors for which the Company was previously unable to obtain reliable prices. Transfers in to Level 3 occur when the Company is unable to obtain reliable prices for securities from pricing vendors and instead must use broker price quotes.</div>
<div style="widows: 1; text-transform: none; margin-top: 6pt; text-indent: 20pt; font: 13px/12pt 'times new roman', times, serif; white-space: normal; letter-spacing: normal; color: #000000; word-spacing: 0px; -webkit-text-stroke-width: 0px;">There were no transfers between Level 1 and Level 2 during 2015, 2014 or 2013. The Company recognizes transfers between levels at the beginning of the reporting period.</div>
<div style="widows: 1; text-transform: none; margin-top: 6pt; text-indent: 20pt; font: 13px/12pt 'times new roman', times, serif; white-space: normal; letter-spacing: normal; color: #000000; word-spacing: 0px; -webkit-text-stroke-width: 0px;">There were no realized gains or losses included in earnings for the year ended December 31, 2015 attributable to the change in unrealized gains or losses relating to Level 3 assets valued at fair value on a recurring basis that are still held at December 31, 2015.</div>
<div style="widows: 1; text-transform: none; margin-top: 6pt; text-indent: 20pt; font: 13px/12pt 'times new roman', times, serif; white-space: normal; letter-spacing: normal; color: #000000; word-spacing: 0px; -webkit-text-stroke-width: 0px;">The Company measures certain bank loan participations at fair value on a non-recurring basis during the year as part of the Company’s impairment evaluation when loans are determined by management to be impaired.</div>
<div style="widows: 1; text-transform: none; margin-top: 6pt; text-indent: 0px; width: 436pt; font: 13px/12pt 'times new roman', times, serif; white-space: normal; letter-spacing: normal; color: #000000; margin-left: 20pt; word-spacing: 0px; -webkit-text-stroke-width: 0px;">Assets measured at fair value on a nonrecurring basis are summarized below:</div>
<table align="center" style="widows: 1; text-transform: none; margin-top: 8pt; text-indent: 0px; width: 100%; border-collapse: collapse; font: 13px 'times new roman', times, serif; white-space: normal; letter-spacing: normal; height: 101px; color: #000000; word-spacing: 0px; -webkit-text-stroke-width: 0px;" border="0">
<tr style="text-align: left; text-transform: none; font: bold 8pt/8pt 'times new roman', times, serif; white-space: nowrap; color: #000000; vertical-align: bottom;">
<td style="border-bottom: #ffffff 1px solid; padding-bottom: 0.5pt; padding-left: 0pt; width: 245.97pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="border-bottom: #ffffff 1px solid; width: 6pt; padding: 0pt;">​</td>
<td style="border-bottom: #ffffff 1px solid; width: 6pt; padding: 0pt;">​</td>
<td style="border-bottom: #000000 1px solid; text-align: center; padding-bottom: 2.5pt; padding-left: 0pt; width: 0pt; padding-right: 0pt; padding-top: 0pt;" colspan="22">
<div style="text-align: center; white-space: nowrap;">Fair Value Measurements Using</div>
</td>
<td style="border-bottom: #ffffff 1px solid; width: 0pt; padding: 0pt;">​</td>
</tr>
<tr style="text-align: center; text-transform: none; font: bold 8pt/9pt 'times new roman', times, serif; white-space: nowrap; color: #000000; vertical-align: bottom;">
<td style="border-bottom: #ffffff 1px solid; text-align: left; padding-bottom: 0.5pt; padding-left: 0pt; width: 245.97pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="border-bottom: #ffffff 1px solid; width: 6pt; padding: 0pt;">​</td>
<td style="border-bottom: #ffffff 1px solid; width: 6pt; padding: 0pt;">​</td>
<td style="border-bottom: #000000 1px solid; padding-bottom: 2.167pt; padding-left: 0pt; padding-right: 0pt; padding-top: 2.583pt;" colspan="4">
<div style="text-align: center;">Quoted Prices <br />in Active <br />Markets for <br />Identical Assets <br />Level 1</div>
</td>
<td style="border-bottom: #ffffff 1px solid; width: 6pt; padding: 0pt;">​</td>
<td style="border-bottom: #ffffff 1px solid; width: 6pt; padding: 0pt;">​</td>
<td style="border-bottom: #000000 1px solid; padding-bottom: 2.167pt; padding-left: 0pt; padding-right: 0pt; padding-top: 2.583pt;" colspan="4">
<div style="text-align: center;">Significant <br />Other <br />Observable <br />Inputs <br />Level 2</div>
</td>
<td style="border-bottom: #ffffff 1px solid; width: 6pt; padding: 0pt;">​</td>
<td style="border-bottom: #ffffff 1px solid; width: 6pt; padding: 0pt;">​</td>
<td style="border-bottom: #000000 1px solid; padding-bottom: 2.167pt; padding-left: 0pt; padding-right: 0pt; padding-top: 2.583pt;" colspan="4">
<div style="text-align: center;">Significant <br />Unobservable <br />Inputs <br />Level 3</div>
</td>
<td style="border-bottom: #ffffff 1px solid; width: 6pt; padding: 0pt;">​</td>
<td style="border-bottom: #ffffff 1px solid; width: 6pt; padding: 0pt;">​</td>
<td style="border-bottom: #000000 1px solid; padding-bottom: 2.167pt; padding-left: 0pt; padding-right: 0pt; padding-top: 2.583pt;" colspan="4">
<div style="text-align: center; white-space: nowrap;">Total</div>
</td>
<td style="border-bottom: #ffffff 1px solid; width: 0pt; padding: 0pt;">​</td>
</tr>
<tr style="text-align: left; text-transform: none; font: bold italic 8pt/8pt 'times new roman', times, serif; white-space: nowrap; color: #000000; vertical-align: bottom;">
<td style="padding-bottom: 0.5pt; padding-left: 0pt; width: 245.97pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="text-align: center; padding-bottom: 0.5pt; padding-left: 0pt; width: 0pt; padding-right: 0pt; padding-top: 3.25pt;" colspan="22">
<div style="text-align: center; white-space: nowrap;">(in thousands)</div>
</td>
<td style="width: 0pt; padding: 0pt;">​</td>
</tr>
<tr style="text-align: left; text-transform: none; background-color: #cceeff; font: bold 10pt/10pt 'times new roman', times, serif; white-space: nowrap; color: #000000; vertical-align: bottom;">
<td style="padding-bottom: 1.5pt; padding-left: 0pt; width: 245.97pt; padding-right: 0pt; padding-top: 3.5pt;">December 31, 2015</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td colspan="6">​</td>
<td colspan="6">​</td>
<td colspan="6">​</td>
<td colspan="6">​</td>
</tr>
<tr style="text-align: right; text-transform: none; font: 10pt/10pt 'times new roman', times, serif; white-space: nowrap; color: #000000; vertical-align: bottom;">
<td style="text-align: left; padding-bottom: 2.75pt; padding-left: 0pt; width: 245.97pt; padding-right: 0pt; padding-top: 3.5pt;">
<div style="white-space: nowrap;">Bank loan participations held-for-investment</div>
</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="padding-bottom: 0pt; padding-left: 16.12pt; width: 0pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="border-bottom: #000000 3px double; min-width: 3.75pt; text-align: right; padding-bottom: 2pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.5pt;">$</td>
<td style="border-bottom: #000000 3px double; min-width: 11.25pt; text-align: right; padding-bottom: 2pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3.5pt;"> —</td>
<td style="padding-bottom: 0pt; padding-left: 16.12pt; width: 0pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="padding-bottom: 0pt; padding-left: 8.625pt; width: 0pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="border-bottom: #000000 3px double; min-width: 3.75pt; text-align: right; padding-bottom: 2pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.5pt;">$</td>
<td style="border-bottom: #000000 3px double; min-width: 11.25pt; text-align: right; padding-bottom: 2pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3.5pt;"> —</td>
<td style="padding-bottom: 0pt; padding-left: 8.625pt; width: 0pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="padding-bottom: 0pt; padding-left: 8.565pt; width: 0pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="border-bottom: #000000 3px double; min-width: 3.75pt; text-align: right; padding-bottom: 2pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.5pt;">$</td>
<td style="border-bottom: #000000 3px double; min-width: 17.25pt; text-align: right; padding-bottom: 2pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3.5pt;">2,342</td>
<td style="padding-bottom: 0pt; padding-left: 8.565pt; width: 0pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="border-bottom: #000000 3px double; min-width: 3.75pt; text-align: right; padding-bottom: 2pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.5pt;">$</td>
<td style="border-bottom: #000000 3px double; min-width: 17.25pt; text-align: right; padding-bottom: 2pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3.5pt;">2,342</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
</tr>
<tr style="line-height: 4pt; height: 4pt;">
<td style="line-height: 0pt; font-size: 0pt; padding: 0pt;" colspan="30">​</td>
</tr>
</table>
<div style="widows: 1; text-transform: none; margin-top: 10pt; text-indent: 0px; width: 436pt; font: 13px/12pt 'times new roman', times, serif; white-space: normal; letter-spacing: normal; color: #000000; margin-left: 20pt; word-spacing: 0px; -webkit-text-stroke-width: 0px;">There were no assets measured at fair value on a nonrecurring basis at December 31, 2014.</div>
<div style="widows: 1; text-transform: none; margin-top: 6pt; text-indent: 20pt; font: 13px/12pt 'times new roman', times, serif; white-space: normal; letter-spacing: normal; color: #000000; word-spacing: 0px; -webkit-text-stroke-width: 0px;">At December 31, 2015, bank loan participations held for investment that were determined to be impaired were written down to their fair value of  $2.3 million.</div>
<div style="widows: 1; text-transform: none; margin-top: 6pt; text-indent: 20pt; font: 13px/12pt 'times new roman', times, serif; white-space: normal; letter-spacing: normal; color: #000000; word-spacing: 0px; -webkit-text-stroke-width: 0px;">In the determination of the fair value for bank loan participations and certain high yield bonds, the Company’s investment manager endeavors to obtain data from multiple external pricing sources. External pricing sources may include brokers, dealers and price data vendors that provide a composite price based on prices from multiple dealers. Such external pricing sources typically provide valuations for normal institutional size trading units of such securities using methods based on market transactions for comparable securities, and various relationships between securities, as generally recognized by institutional dealers. For investments in which the investment manager determines that only one external pricing source is appropriate or if only one external price is available, the relevant investment is generally recorded at fair value based on such price.</div>
<div style="widows: 1; text-transform: none; margin-top: 6pt; text-indent: 20pt; font: 13px/12pt 'times new roman', times, serif; white-space: normal; letter-spacing: normal; color: #000000; word-spacing: 0px; -webkit-text-stroke-width: 0px;">Investments for which external sources are not available or are determined by the investment manager not to be representative of fair value are recorded at fair value as determined by the Company, with input from its investment managers and valuation specialists as considered necessary. In determining the fair value of such investments, the Company considers one or more of the following factors: type of security held, convertibility or exchangeability of the security, redeemability of the security (including the timing of redemptions), application of industry accepted valuation models, recent trading activity, liquidity, estimates of liquidation value, purchase cost, and prices received for securities with similar terms of the same issuer or similar issuers. At December 31, 2015, there were bank loan participations with an unpaid principal balance of  $5.3 million and a carrying value of  $4.6 million for which external sources were unavailable to determine fair value. At December 31, 2014, there were bank loan participations with an unpaid principal balance of  $14.1 million and a carrying value of  $12.7 million for which external sources were unavailable to determine fair value.</div>
</div>
<div style="widows: 1; text-transform: none; margin-top: 13.73pt; text-indent: 20pt; font: 13px/12pt 'times new roman', times, serif; white-space: normal; letter-spacing: normal; color: #000000; word-spacing: 0px; -webkit-text-stroke-width: 0px;">
<div style="widows: 1; text-transform: none; margin-top: 6pt; text-indent: 0px; width: 436pt; font: 13px/12pt 'times new roman', times, serif; white-space: normal; letter-spacing: normal; color: #000000; margin-left: 20pt; word-spacing: 0px; -webkit-text-stroke-width: 0px;">The carrying values and fair values of financial instruments are summarized below:</div>
<table align="center" style="widows: 1; text-transform: none; margin-top: 8pt; text-indent: 0px; width: 100%; border-collapse: collapse; font: 13px 'times new roman', times, serif; white-space: normal; letter-spacing: normal; height: 258px; color: #000000; word-spacing: 0px; -webkit-text-stroke-width: 0px;" border="0">
<tr style="text-align: left; text-transform: none; font: bold 8pt/8pt 'times new roman', times, serif; white-space: nowrap; color: #000000; vertical-align: bottom;">
<td style="border-bottom: #ffffff 1px solid; padding-bottom: 0.5pt; padding-left: 0pt; width: 257.17pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="border-bottom: #ffffff 1px solid; width: 6pt; padding: 0pt;">​</td>
<td style="border-bottom: #ffffff 1px solid; width: 6pt; padding: 0pt;">​</td>
<td style="border-bottom: #000000 1px solid; text-align: center; padding-bottom: 2.5pt; padding-left: 0pt; width: 0pt; padding-right: 0pt; padding-top: 0pt;" colspan="22">
<div style="text-align: center; white-space: nowrap;">December 31,</div>
</td>
<td style="border-bottom: #ffffff 1px solid; width: 0pt; padding: 0pt;">​</td>
</tr>
<tr style="text-align: center; text-transform: none; font: bold 8pt/8pt 'times new roman', times, serif; white-space: nowrap; color: #000000; vertical-align: bottom;">
<td style="border-bottom: #ffffff 1px solid; text-align: left; padding-bottom: 0.5pt; padding-left: 0pt; width: 257.17pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="border-bottom: #ffffff 1px solid; width: 6pt; padding: 0pt;">​</td>
<td style="border-bottom: #ffffff 1px solid; width: 6pt; padding: 0pt;">​</td>
<td style="border-bottom: #000000 1px solid; padding-bottom: 2.5pt; padding-left: 0pt; width: 0pt; padding-right: 0pt; padding-top: 3.25pt;" colspan="10">
<div style="text-align: center; white-space: nowrap;">2015</div>
</td>
<td style="border-bottom: #ffffff 1px solid; width: 6pt; padding: 0pt;">​</td>
<td style="border-bottom: #ffffff 1px solid; width: 6pt; padding: 0pt;">​</td>
<td style="border-bottom: #000000 1px solid; padding-bottom: 2.5pt; padding-left: 0pt; width: 0pt; padding-right: 0pt; padding-top: 3.25pt;" colspan="10">
<div style="text-align: center; white-space: nowrap;">2014</div>
</td>
<td style="border-bottom: #ffffff 1px solid; width: 0pt; padding: 0pt;">​</td>
</tr>
<tr style="text-align: center; text-transform: none; font: bold 8pt/9pt 'times new roman', times, serif; white-space: nowrap; color: #000000; vertical-align: bottom;">
<td style="border-bottom: #ffffff 1px solid; text-align: left; padding-bottom: 0.5pt; padding-left: 0pt; width: 257.17pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="border-bottom: #ffffff 1px solid; width: 6pt; padding: 0pt;">​</td>
<td style="border-bottom: #ffffff 1px solid; width: 6pt; padding: 0pt;">​</td>
<td style="border-bottom: #000000 1px solid; padding-bottom: 2.167pt; padding-left: 0pt; padding-right: 0pt; padding-top: 2.583pt;" colspan="4">
<div style="text-align: center;">Carrying <br />Value</div>
</td>
<td style="border-bottom: #ffffff 1px solid; width: 6pt; padding: 0pt;">​</td>
<td style="border-bottom: #ffffff 1px solid; width: 6pt; padding: 0pt;">​</td>
<td style="border-bottom: #000000 1px solid; padding-bottom: 2.167pt; padding-left: 0pt; padding-right: 0pt; padding-top: 2.583pt;" colspan="4">
<div style="text-align: center;">Fair <br />Value</div>
</td>
<td style="border-bottom: #ffffff 1px solid; width: 6pt; padding: 0pt;">​</td>
<td style="border-bottom: #ffffff 1px solid; width: 6pt; padding: 0pt;">​</td>
<td style="border-bottom: #000000 1px solid; padding-bottom: 2.167pt; padding-left: 0pt; padding-right: 0pt; padding-top: 2.583pt;" colspan="4">
<div style="text-align: center;">Carrying <br />Value</div>
</td>
<td style="border-bottom: #ffffff 1px solid; width: 6pt; padding: 0pt;">​</td>
<td style="border-bottom: #ffffff 1px solid; width: 6pt; padding: 0pt;">​</td>
<td style="border-bottom: #000000 1px solid; padding-bottom: 2.167pt; padding-left: 0pt; padding-right: 0pt; padding-top: 2.583pt;" colspan="4">
<div style="text-align: center;">Fair <br />Value</div>
</td>
<td style="border-bottom: #ffffff 1px solid; width: 0pt; padding: 0pt;">​</td>
</tr>
<tr style="text-align: left; text-transform: none; font: bold italic 8pt/8pt 'times new roman', times, serif; white-space: nowrap; color: #000000; vertical-align: bottom;">
<td style="padding-bottom: 0.5pt; padding-left: 0pt; width: 257.17pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="text-align: center; padding-bottom: 1.5pt; padding-left: 0pt; width: 0pt; padding-right: 0pt; padding-top: 3.25pt;" colspan="22">
<div style="text-align: center; white-space: nowrap;">(in thousands)</div>
</td>
<td style="width: 0pt; padding: 0pt;">​</td>
</tr>
<tr style="text-align: left; text-transform: none; background-color: #cceeff; font: bold 10pt/10pt 'times new roman', times, serif; white-space: nowrap; color: #000000; vertical-align: bottom;">
<td style="padding-bottom: 1.5pt; padding-left: 0pt; width: 257.17pt; padding-right: 0pt; padding-top: 3.5pt;">Assets</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td colspan="6">​</td>
<td colspan="6">​</td>
<td colspan="6">​</td>
<td colspan="6">​</td>
</tr>
<tr style="text-align: left; text-transform: none; font: 10pt/10pt 'times new roman', times, serif; white-space: nowrap; color: #000000; vertical-align: bottom;">
<td style="padding-bottom: 1.5pt; padding-left: 0pt; width: 257.17pt; padding-right: 0pt; padding-top: 3.5pt;">Available-for-sale:</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td colspan="6">​</td>
<td colspan="6">​</td>
<td colspan="6">​</td>
<td colspan="6">​</td>
</tr>
<tr style="text-align: right; text-transform: none; background-color: #cceeff; font: 10pt/10pt 'times new roman', times, serif; white-space: nowrap; color: #000000; vertical-align: bottom;">
<td style="text-align: left; padding-bottom: 1.5pt; padding-left: 0pt; width: 257.17pt; padding-right: 0pt; padding-top: 3.5pt;">
<div style="margin-left: 10pt;">Fixed maturity securities</div>
</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="min-width: 3.75pt; text-align: right; padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.5pt;">$</td>
<td style="min-width: 24.75pt; text-align: right; padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3.5pt;">899,660</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="min-width: 3.75pt; text-align: right; padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.5pt;">$</td>
<td style="min-width: 24.75pt; text-align: right; padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3.5pt;">899,660</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="min-width: 3.75pt; text-align: right; padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.5pt;">$</td>
<td style="min-width: 24.75pt; text-align: right; padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3.5pt;">756,963</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="min-width: 3.75pt; text-align: right; padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.5pt;">$</td>
<td style="min-width: 24.75pt; text-align: right; padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3.5pt;">756,963</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
</tr>
<tr style="text-align: right; text-transform: none; font: 10pt/10pt 'times new roman', times, serif; white-space: nowrap; color: #000000; vertical-align: bottom;">
<td style="text-align: left; padding-bottom: 1.5pt; padding-left: 0pt; width: 257.17pt; padding-right: 0pt; padding-top: 3.5pt;">
<div style="margin-left: 10pt;">Equity securities</div>
</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="min-width: 3.75pt; text-align: right; padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.5pt;">​</td>
<td style="min-width: 24.75pt; text-align: right; padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3.5pt;">74,111</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="min-width: 3.75pt; text-align: right; padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.5pt;">​</td>
<td style="min-width: 24.75pt; text-align: right; padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3.5pt;">74,111</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="min-width: 3.75pt; text-align: right; padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.5pt;">​</td>
<td style="min-width: 24.75pt; text-align: right; padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3.5pt;">67,905</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="min-width: 3.75pt; text-align: right; padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.5pt;">​</td>
<td style="min-width: 24.75pt; text-align: right; padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3.5pt;">67,905</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
</tr>
<tr style="text-align: left; text-transform: none; background-color: #cceeff; font: 10pt/10pt 'times new roman', times, serif; white-space: nowrap; color: #000000; vertical-align: bottom;">
<td style="padding-bottom: 1.5pt; padding-left: 0pt; width: 257.17pt; padding-right: 0pt; padding-top: 3.5pt;">Trading:</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td colspan="6">​</td>
<td colspan="6">​</td>
<td colspan="6">​</td>
<td colspan="6">​</td>
</tr>
<tr style="text-align: right; text-transform: none; font: 10pt/10pt 'times new roman',;">
<td style="text-align: left; padding-bottom: 1.5pt; padding-left: 0pt; width: 257.17pt; padding-right: 0pt; padding-top: 3.5pt;">
<div style="margin-left: 10pt;">Fixed maturity securities</div>
</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="min-width: 3.75pt; text-align: right; padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.5pt;">​</td>
<td style="min-width: 24.75pt; text-align: right; padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3.5pt;">5,046</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="min-width: 3.75pt; text-align: right; padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.5pt;">​</td>
<td style="min-width: 24.75pt; text-align: right; padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3.5pt;">5,046</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="min-width: 3.75pt; text-align: right; padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.5pt;">​</td>
<td style="min-width: 24.75pt; text-align: right; padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3.5pt;">7,388</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="min-width: 3.75pt; text-align: right; padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.5pt;">​</td>
<td style="min-width: 24.75pt; text-align: right; padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3.5pt;">7,388</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
</tr>
<tr style="text-align: right; text-transform: none; background-color: #cceeff; font: 10pt/10pt 'times new roman', times, serif; white-space: nowrap; color: #000000; vertical-align: bottom;">
<td style="text-align: left; padding-bottom: 1.5pt; padding-left: 0pt; width: 257.17pt; padding-right: 0pt; padding-top: 3.5pt;">
<div style="white-space: nowrap;">Bank loan participations held-for-investment</div>
</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="min-width: 3.75pt; text-align: right; padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.5pt;">​</td>
<td style="min-width: 24.75pt; text-align: right; padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3.5pt;">191,700</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="min-width: 3.75pt; text-align: right; padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.5pt;">​</td>
<td style="min-width: 24.75pt; text-align: right; padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3.5pt;">180,086</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="min-width: 3.75pt; text-align: right; padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.5pt;">​</td>
<td style="min-width: 24.75pt; text-align: right; padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3.5pt;">239,511</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="min-width: 3.75pt; text-align: right; padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.5pt;">​</td>
<td style="min-width: 24.75pt; text-align: right; padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3.5pt;">231,251</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
</tr>
<tr style="text-align: right; text-transform: none; font: 10pt/10pt 'times new roman', times, serif; white-space: nowrap; color: #000000; vertical-align: bottom;">
<td style="text-align: left; padding-bottom: 1.5pt; padding-left: 0pt; width: 257.17pt; padding-right: 0pt; padding-top: 3.5pt;">
<div style="white-space: nowrap;">Cash and cash equivalents</div>
</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="min-width: 3.75pt; text-align: right; padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.5pt;">​</td>
<td style="min-width: 24.75pt; text-align: right; padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3.5pt;">106,406</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="min-width: 3.75pt; text-align: right; padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.5pt;">​</td>
<td style="min-width: 24.75pt; text-align: right; padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3.5pt;">106,406</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="min-width: 3.75pt; text-align: right; padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.5pt;">​</td>
<td style="min-width: 24.75pt; text-align: right; padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3.5pt;">73,383</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="min-width: 3.75pt; text-align: right; padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.5pt;">​</td>
<td style="min-width: 24.75pt; text-align: right; padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3.5pt;">73,383</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
</tr>
<tr style="text-align: right; text-transform: none; background-color: #cceeff; font: 10pt/10pt 'times new roman', times, serif; white-space: nowrap; color: #000000; vertical-align: bottom;">
<td style="text-align: left; padding-bottom: 1.5pt; padding-left: 0pt; width: 257.17pt; padding-right: 0pt; padding-top: 3.5pt;">
<div style="white-space: nowrap;">Short-term investments</div>
</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="min-width: 3.75pt; text-align: right; padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.5pt;">​</td>
<td style="min-width: 24.75pt; text-align: right; padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3.5pt;">19,270</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="min-width: 3.75pt; text-align: right; padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.5pt;">​</td>
<td style="min-width: 24.75pt; text-align: right; padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3.5pt;">19,270</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="min-width: 3.75pt; text-align: right; padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.5pt;">​</td>
<td style="min-width: 24.75pt; text-align: right; padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3.5pt;">131,856</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="min-width: 3.75pt; text-align: right; padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.5pt;">​</td>
<td style="min-width: 24.75pt; text-align: right; padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3.5pt;">131,856</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
</tr>
<tr style="text-align: right; text-transform: none; font: 10pt/10pt 'times new roman', times, serif; white-space: nowrap; color: #000000; vertical-align: bottom;">
<td style="text-align: left; padding-bottom: 1.5pt; padding-left: 0pt; width: 257.17pt; padding-right: 0pt; padding-top: 3.5pt;">
<div style="white-space: nowrap;">Other invested assets – notes receivable</div>
</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="min-width: 3.75pt; text-align: right; padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.5pt;">​</td>
<td style="min-width: 24.75pt; text-align: right; padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3.5pt;">11,000</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="min-width: 3.75pt; text-align: right; padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.5pt;">​</td>
<td style="min-width: 24.75pt; text-align: right; padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3.5pt;">12,548</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="min-width: 3.75pt; text-align: right; padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.5pt;">​</td>
<td style="min-width: 24.75pt; text-align: right; padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3.5pt;">4,500</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="min-width: 3.75pt; text-align: right; padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.5pt;">​</td>
<td style="min-width: 24.75pt; text-align: right; padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3.5pt;">6,410</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
</tr>
<tr style="text-align: left; text-transform: none; background-color: #cceeff; font: bold 10pt/10pt 'times new roman', times, serif; white-space: nowrap; color: #000000; vertical-align: bottom;">
<td style="padding-bottom: 1.5pt; padding-left: 0pt; width: 257.17pt; padding-right: 0pt; padding-top: 9.5pt;">Liabilities</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td colspan="6">​</td>
<td colspan="6">​</td>
<td colspan="6">​</td>
<td colspan="6">​</td>
</tr>
<tr style="text-align: right; text-transform: none; font: 10pt/10pt 'times new roman', times, serif; white-space: nowrap; color: #000000; vertical-align: bottom;">
<td style="text-align: left; padding-bottom: 1.5pt; padding-left: 0pt; width: 257.17pt; padding-right: 0pt; padding-top: 3.5pt;">
<div style="white-space: nowrap;">Senior debt</div>
</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="min-width: 3.75pt; text-align: right; padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.5pt;">​</td>
<td style="min-width: 24.75pt; text-align: right; padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3.5pt;">88,300</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="min-width: 3.75pt; text-align: right; padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.5pt;">​</td>
<td style="min-width: 24.75pt; text-align: right; padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3.5pt;">79,539</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="min-width: 3.75pt; text-align: right; padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.5pt;">​</td>
<td style="min-width: 24.75pt; text-align: right; padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3.5pt;">88,300</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="min-width: 3.75pt; text-align: right; padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.5pt;">​</td>
<td style="min-width: 24.75pt; text-align: right; padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3.5pt;">79,850</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
</tr>
<tr style="text-align: right; text-transform: none; background-color: #cceeff; font: 10pt/10pt 'times new roman', times, serif; white-space: nowrap; color: #000000; vertical-align: bottom;">
<td style="text-align: left; padding-bottom: 1.5pt; padding-left: 0pt; width: 257.17pt; padding-right: 0pt; padding-top: 3.5pt;">
<div style="white-space: nowrap;">Junior subordinated debt</div>
</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="min-width: 3.75pt; text-align: right; padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.5pt;">​</td>
<td style="min-width: 24.75pt; text-align: right; padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3.5pt;">104,055</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="min-width: 3.75pt; text-align: right; padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.5pt;">​</td>
<td style="min-width: 24.75pt; text-align: right; padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3.5pt;">84,594</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="min-width: 3.75pt; text-align: right; padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.5pt;">​</td>
<td style="min-width: 24.75pt; text-align: right; padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3.5pt;">104,055</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="min-width: 3.75pt; text-align: right; padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.5pt;">​</td>
<td style="min-width: 24.75pt; text-align: right; padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3.5pt;">89,100</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
</tr>
</table>
<div style="widows: 1; text-transform: none; margin-top: 16.99pt; text-indent: 20pt; font: 13px/12pt 'times new roman', times, serif; white-space: normal; letter-spacing: normal; color: #000000; word-spacing: 0px; -webkit-text-stroke-width: 0px;">The fair values of fixed maturity securities and equity securities have been determined using quoted market prices for securities traded in the public market or prices using bid or closing prices for securities not traded in the public marketplace. The fair values of cash and cash equivalents and short-term investments approximate their carrying values due to their short-term maturity.</div>
<div style="widows: 1; text-transform: none; margin-top: 6pt; text-indent: 20pt; font: 13px/12pt 'times new roman', times, serif; white-space: normal; letter-spacing: normal; color: #000000; word-spacing: 0px; -webkit-text-stroke-width: 0px;">The fair values of other invested assets-notes receivable, senior debt, and Junior Subordinated Debt at December 31, 2015 and 2014 were determined by calculating the present value of expected future cash flows under the terms of the note agreements or debt agreements, as applicable, discounted at an estimated market rate of interest at December 31, 2015 and 2014, respectively. For notes receivable maturing within one year, carrying value was used to approximate fair value.</div>
<div style="widows: 1; text-transform: none; margin-top: 6pt; text-indent: 20pt; font: 13px/12pt 'times new roman', times, serif; white-space: normal; letter-spacing: normal; color: #000000; word-spacing: 0px; -webkit-text-stroke-width: 0px;">The fair values of bank loan participations held-for-investment, senior debt, and junior subordinated debt at December 31, 2015 and 2014 were determined using inputs to the valuation methodology that are unobservable (Level 3).</div>
</div>
<p> </p>
<div style="text-align: left; widows: 1; text-transform: none; margin-top: 0pt; text-indent: 0px; font: bold 10pt/11pt 'times new roman', times, serif; white-space: nowrap; margin-bottom: 0pt; float: left; letter-spacing: normal; color: #000000; word-spacing: 0px; -webkit-text-stroke-width: 0px;">10.    </div>
<div style="text-align: left; widows: 1; text-transform: none; margin-top: 0pt; text-indent: 0px; font: bold 10pt/11pt 'times new roman', times, serif; white-space: normal; margin-bottom: 0pt; float: left; letter-spacing: normal; color: #000000; word-spacing: 0px; -webkit-text-stroke-width: 0px;">Capital Stock</div>
<div style="widows: 1; text-transform: none; text-indent: 0px; margin: 0pt; font: 0pt/0pt 'times new roman', times, serif; white-space: normal; letter-spacing: normal; color: #000000; clear: both; word-spacing: 0px; -webkit-text-stroke-width: 0px; padding: 0pt;">​</div>
<div style="widows: 1; text-transform: none; margin-top: 6pt; text-indent: 20pt; font: 10pt/12pt 'times new roman', times, serif; white-space: normal; letter-spacing: normal; color: #000000; word-spacing: 0px; -webkit-text-stroke-width: 0px;">On November 6, 2014, the Company filed a registration statement on Form S-1 with the Securities and Exchange Commission for the purpose of making an initial public offering of common stock of James River Group Holdings, Ltd. (the “Offering”). On December 9, 2014, all of the Company’s Class A common shares were converted to common shares (the “Recapitalization”) on a 1 for 50 basis (the “Stock Split”). The Company’s authorized share capital following the Recapitalization and the Stock Split consists of 200,000,000 common shares, par value $0.0002 per share (28,540,350 shares issued and outstanding) and 20,000,000 undesignated preferred shares, par value $0.00125 per share (no shares issued or outstanding). The accompanying consolidated financial statements and notes to the consolidated financial statements give retroactive effect to the Recapitalization and the Stock Split for all periods presented.
<div style="widows: 1; text-transform: none; margin-top: 6pt; text-indent: 20pt; font: 13px/12pt 'times new roman', times, serif; white-space: normal; letter-spacing: normal; color: #000000; word-spacing: 0px; -webkit-text-stroke-width: 0px;">2015 share activity includes issuances from stock option exercises and RSU vesting, increasing the number of common shares outstanding to 28,941,547 at December 31, 2015.</div>
<div style="widows: 1; text-transform: none; margin-top: 6pt; text-indent: 20pt; font: 13px/12pt 'times new roman', times, serif; white-space: normal; letter-spacing: normal; color: #000000; word-spacing: 0px; -webkit-text-stroke-width: 0px;">On November 20, 2013, in connection with the merger of Franklin Holdings II (Bermuda), Ltd. (“Franklin Holdings II”) into the Company, Franklin Holdings II’s sole minority shareholder transferred 6,000 Franklin Holdings II Class A common shares to the Company in exchange for the issuance of 10,350 common shares on October 22, 2013 (see Note 12).</div>
<div style="widows: 1; text-transform: none; margin-top: 6pt; text-indent: 20pt; font: 13px/12pt 'times new roman', times, serif; white-space: normal; letter-spacing: normal; color: #000000; word-spacing: 0px; -webkit-text-stroke-width: 0px;">On April 3, 2013, the Company repurchased 7,500,000 outstanding common shares at a price per share of  $14.77, for a total purchase price of  $110.8 million. Of this amount, $88.6 million was paid in cash and $22.2 million was paid with promissory notes. The principal amount of these promissory notes and all accrued interest amounts due were repaid in full on June 5, 2013. Interest on the notes was 2.5% per annum.</div>
<div style="widows: 1; text-transform: none; margin-top: 6pt; text-indent: 20pt; font: 13px/12pt 'times new roman', times, serif; white-space: normal; letter-spacing: normal; color: #000000; word-spacing: 0px; -webkit-text-stroke-width: 0px;">The Company has 4,284,900 common shares reserved for future issuance upon exercise of equity awards.</div>
<div style="widows: 1; text-transform: none; margin-top: 6pt; text-indent: 0px; font: 13px/12pt 'times new roman', times, serif; white-space: normal; letter-spacing: normal; color: #000000; margin-left: 20pt; word-spacing: 0px; -webkit-text-stroke-width: 0px;">The Board of Directors declared the following cash dividends in 2015:</div>
<table style="widows: 1; text-transform: none; margin-top: 8pt; text-indent: 0px; width: 50%; border-collapse: collapse; font: 13px 'times new roman', times, serif; white-space: normal; letter-spacing: normal; height: 96px; color: #000000; word-spacing: 0px; -webkit-text-stroke-width: 0px;" border="0">
<tr style="text-align: center; text-transform: none; font: bold 8pt/9pt 'times new roman', times, serif; white-space: nowrap; color: #000000; vertical-align: bottom;">
<td style="border-bottom: #ffffff 1px solid; padding: 0pt;">​</td>
<td style="border-bottom: #000000 1px solid; padding-bottom: 1.167pt; padding-left: 0pt; padding-right: 0pt; padding-top: 0pt;">
<div style="text-align: center;">Date of <br />Declaration</div>
</td>
<td style="border-bottom: #ffffff 1px solid; padding: 0pt;">​</td>
<td style="border-bottom: #ffffff 1px solid; padding: 0pt;">​</td>
<td style="border-bottom: #000000 1px solid; padding-bottom: 1.167pt; padding-left: 0pt; padding-right: 0pt; padding-top: 0pt;" colspan="4">
<div style="text-align: center;">Dividend per <br />Common Share</div>
</td>
<td style="border-bottom: #ffffff 1px solid; padding: 0pt;">​</td>
<td style="border-bottom: #ffffff 1px solid; padding: 0pt;">​</td>
<td style="border-bottom: #000000 1px solid; padding-bottom: 1.167pt; padding-left: 0pt; padding-right: 0pt; padding-top: 0pt;">
<div style="text-align: center;">Payable to Shareholders <br />of Record on</div>
</td>
<td style="border-bottom: #ffffff 1px solid; padding: 0pt;">​</td>
<td style="border-bottom: #ffffff 1px solid; padding: 0pt;">​</td>
<td style="border-bottom: #000000 1px solid; padding-bottom: 1.167pt; padding-left: 0pt; padding-right: 0pt; padding-top: 0pt;">
<div style="text-align: center; white-space: nowrap;">Payment Date</div>
</td>
<td style="border-bottom: #ffffff 1px solid; padding: 0pt;">​</td>
<td style="border-bottom: #ffffff 1px solid; padding: 0pt;">​</td>
<td style="border-bottom: #000000 1px solid; padding-bottom: 1.167pt; padding-left: 0pt; padding-right: 0pt; padding-top: 0pt;">
<div style="text-align: center; white-space: nowrap;">Total Amount</div>
</td>
<td style="border-bottom: #ffffff 1px solid; padding: 0pt;">​</td>
</tr>
<tr style="text-align: left; text-transform: none; background-color: #cceeff; font: 10pt/10pt 'times new roman', times, serif; white-space: nowrap; color: #000000; vertical-align: bottom;">
<td style="padding: 0pt;">​</td>
<td style="padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 2.25pt;">
<div style="white-space: nowrap;">February 17, 2015</div>
</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding-bottom: 0pt; padding-left: 14.31pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="text-align: right; padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 2.25pt;">$</td>
<td style="text-align: right; padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 2.25pt;">0.16</td>
<td style="padding-bottom: 0pt; padding-left: 14.31pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 2.25pt;">March 16, 2015</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 2.25pt;">March 31, 2015</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="text-align: right; padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0.5pt; padding-top: 2.25pt;">
<div style="text-align: right; white-space: nowrap;">$4.6 million​</div>
</td>
<td style="padding: 0pt;">​</td>
</tr>
<tr style="text-align: left; text-transform: none; font: 10pt/10pt 'times new roman', times, serif; white-space: nowrap; color: #000000; vertical-align: bottom;">
<td style="padding: 0pt;">​</td>
<td style="padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 2.5pt;">
<div style="white-space: nowrap;">May 5, 2015</div>
</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding-bottom: 0pt; padding-left: 14.31pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="text-align: right; padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 2.5pt;">$</td>
<td style="text-align: right; padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 2.5pt;">0.16</td>
<td style="padding-bottom: 0pt; padding-left: 14.31pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 2.5pt;">June 15, 2015</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 2.5pt;">June 30, 2015</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="text-align: right; padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0.5pt; padding-top: 2.5pt;">
<div style="text-align: right; white-space: nowrap;">$4.6 million​</div>
</td>
<td style="padding: 0pt;">​</td>
</tr>
<tr style="text-align: left; text-transform: none; background-color: #cceeff; font: 10pt/10pt 'times new roman', times, serif; white-space: nowrap; color: #000000; vertical-align: bottom;">
<td style="padding: 0pt;">​</td>
<td style="padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 2.5pt;">
<div style="white-space: nowrap;">August 5, 2015</div>
</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding-bottom: 0pt; padding-left: 14.31pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="text-align: right; padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 2.5pt;">$</td>
<td style="text-align: right; padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 2.5pt;">0.16</td>
<td style="padding-bottom: 0pt; padding-left: 14.31pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 2.5pt;">
<div style="white-space: nowrap;">September 14, 2015</div>
</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 2.5pt;">
<div style="white-space: nowrap;">September 30, 2015</div>
</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="text-align: right; padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0.5pt; padding-top: 2.5pt;">
<div style="text-align: right; white-space: nowrap;">$4.7 million​</div>
</td>
<td style="padding: 0pt;">​</td>
</tr>
<tr style="text-align: left; text-transform: none; font: 10pt/10pt 'times new roman', times, serif; white-space: nowrap; color: #000000; vertical-align: bottom;">
<td style="padding: 0pt;">​</td>
<td style="padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 2.5pt;">
<div style="white-space: nowrap;">November 3, 2015</div>
</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding-bottom: 0pt; padding-left: 14.31pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="text-align: right; padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 2.5pt;">$</td>
<td style="text-align: right; padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 2.5pt;">0.16</td>
<td style="padding-bottom: 0pt; padding-left: 14.31pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 2.5pt;">
<div style="white-space: nowrap;">December 14, 2015</div>
</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 2.5pt;">
<div style="white-space: nowrap;">December 28, 2015</div>
</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="text-align: right; padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0.5pt; padding-top: 2.5pt;">
<div style="text-align: right; white-space: nowrap;">$4.7 million​</div>
</td>
<td style="padding: 0pt;">​</td>
</tr>
<tr style="text-align: left; text-transform: none; background-color: #cceeff; font: 10pt/10pt 'times new roman', times, serif; white-space: nowrap; color: #000000; vertical-align: bottom;">
<td style="border-bottom: #cceeff 1px solid; padding: 0pt;">​</td>
<td style="border-bottom: #cceeff 1px solid; padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 2.5pt;">
<div style="white-space: nowrap;">November 3, 2015</div>
</td>
<td style="border-bottom: #cceeff 1px solid; padding: 0pt;">​</td>
<td style="border-bottom: #cceeff 1px solid; padding: 0pt;">​</td>
<td style="border-bottom: #cceeff 1px solid; padding-bottom: 0pt; padding-left: 14.31pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="border-bottom: #000000 1px solid; text-align: right; padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 2.5pt;">$</td>
<td style="border-bottom: #000000 1px solid; text-align: right; padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 2.5pt;">1.00</td>
<td style="border-bottom: #cceeff 1px solid; padding-bottom: 0pt; padding-left: 14.31pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="border-bottom: #cceeff 1px solid; padding: 0pt;">​</td>
<td style="border-bottom: #cceeff 1px solid; padding: 0pt;">​</td>
<td style="border-bottom: #cceeff 1px solid; padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 2.5pt;">
<div style="white-space: nowrap;">December 14, 2015</div>
</td>
<td style="border-bottom: #cceeff 1px solid; padding: 0pt;">​</td>
<td style="border-bottom: #cceeff 1px solid; padding: 0pt;">​</td>
<td style="border-bottom: #cceeff 1px solid; padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 2.5pt;">
<div style="white-space: nowrap;">December 28, 2015</div>
</td>
<td style="border-bottom: #cceeff 1px solid; padding: 0pt;">​</td>
<td style="border-bottom: #cceeff 1px solid; padding: 0pt;">​</td>
<td style="border-bottom: #000000 1px solid; text-align: right; padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0.5pt; padding-top: 2.5pt;">
<div style="text-align: right; white-space: nowrap;">$29.2 million​</div>
</td>
<td style="border-bottom: #cceeff 1px solid; padding: 0pt;">​</td>
</tr>
<tr style="text-align: right; text-transform: none; font: 10pt/10pt 'times new roman', times, serif; white-space: nowrap; color: #000000; vertical-align: bottom;">
<td style="padding: 0pt;">​</td>
<td style="text-align: left; padding-bottom: 2.75pt; padding-left: 0pt; padding-right: 0pt; padding-top: 2.25pt;">
<div style="white-space: nowrap;">Total</div>
</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding-bottom: 0pt; padding-left: 14.31pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="border-bottom: #000000 3px double; padding-bottom: 2pt; padding-left: 0pt; padding-right: 0pt; padding-top: 2.25pt;">$</td>
<td style="border-bottom: #000000 3px double; padding-bottom: 2pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 2.25pt;">1.64</td>
<td style="padding-bottom: 0pt; padding-left: 14.31pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding-bottom: 0.75pt; padding-left: 0pt; padding-right: 0.5pt; padding-top: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding-bottom: 0.75pt; padding-left: 0pt; padding-right: 0.5pt; padding-top: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="border-bottom: #000000 3px double; padding-bottom: 2pt; padding-left: 0pt; padding-right: 0.5pt; padding-top: 2.25pt;">
<div style="text-align: right; white-space: nowrap;">$47.8 million​</div>
</td>
<td style="padding: 0pt;">​</td>
</tr>
<tr style="line-height: 5pt; height: 5pt;">
<td style="line-height: 0pt; font-size: 0pt; padding: 0pt;" colspan="19">​</td>
</tr>
</table>
<div style="widows: 1; text-transform: none; margin-top: 11.79pt; text-indent: 20pt; font: 13px/12pt 'times new roman', times, serif; white-space: normal; letter-spacing: normal; color: #000000; word-spacing: 0px; -webkit-text-stroke-width: 0px;">Included in the dividends are $558,000 of dividend equivalents on RSU’s, of which $385,000 were payable as of December 31, 2015.</div>
<div style="widows: 1; text-transform: none; margin-top: 6pt; text-indent: 20pt; font: 13px/12pt 'times new roman', times, serif; white-space: normal; letter-spacing: normal; color: #000000; word-spacing: 0px; -webkit-text-stroke-width: 0px;">On August 27, 2014, the Board of Directors of the Company declared a cash dividend of  $2.45 per share on its outstanding common shares payable to shareholders of record as of June 30, 2014. The cash dividend totaled $70.0 million and was funded through a $50.0 million dividend paid to the Company by its reinsurance subsidiary, JRG Re, and by additional borrowings on its unsecured revolving credit facility of $20.0 million.</div>
<div style="widows: 1; text-transform: none; margin-top: 6pt; text-indent: 0px; font: 13px/12pt 'times new roman', times, serif; white-space: normal; letter-spacing: normal; color: #000000; margin-left: 20pt; word-spacing: 0px; -webkit-text-stroke-width: 0px;">No dividends were declared in 2013.</div>
</div>
<div> </div>
<div style="text-align: left; widows: 1; text-transform: none; margin-top: 0pt; text-indent: 0px; width: 20pt; font: bold 13px/11pt 'times new roman', times, serif; white-space: nowrap; margin-bottom: 0pt; float: left; letter-spacing: normal; color: #000000; word-spacing: 0px; -webkit-text-stroke-width: 0px;">23.</div>
<div style="text-align: left; widows: 1; text-transform: none; margin-top: 0pt; text-indent: 0px; font: bold 13px/11pt 'times new roman', times, serif; white-space: normal; margin-bottom: 0pt; float: left; letter-spacing: normal; color: #000000; word-spacing: 0px; -webkit-text-stroke-width: 0px;">Subsequent Events</div>
<div style="widows: 1; text-transform: none; text-indent: 0px; margin: 0pt; font: 0pt/0pt 'times new roman', times, serif; white-space: normal; letter-spacing: normal; color: #000000; clear: both; word-spacing: 0px; -webkit-text-stroke-width: 0px; padding: 0pt;">​</div>
<div style="widows: 1; text-transform: none; margin-top: 6pt; text-indent: 20pt; font: 13px/12pt 'times new roman', times, serif; white-space: normal; letter-spacing: normal; color: #000000; word-spacing: 0px; -webkit-text-stroke-width: 0px;">On February 16, 2016, the Board of Directors declared a cash dividend of  $0.20 per share. The dividend is payable on March 28, 2016 to shareholders of record on March 14, 2016.</div>
<div style="widows: 1; text-transform: none; margin-top: 6pt; text-indent: 20pt; font: 13px/12pt 'times new roman', times, serif; white-space: normal; letter-spacing: normal; color: #000000; word-spacing: 0px; -webkit-text-stroke-width: 0px;">On February 16, 2016, the Board of Directors granted awards under the 2014 LTIP to the Company’s employees and directors. Non-qualified stock options for 706,203 shares were granted with an exercise price of  $32.07 per share and three year vesting period. RSUs for 58,660 shares were also awarded with a fair value on the date of grant of  $32.07 per share. The RSUs vest over one to three year periods, depending on the award.</div>
<div style="widows: 1; text-transform: none; margin-top: pt; text-indent: 0px; font: bold 13px/11pt 'times new roman', times, serif; white-space: normal; letter-spacing: normal; color: #000000; word-spacing: 0px; -webkit-text-stroke-width: 0px;">Basis of Presentation and Principles of Consolidation</div>
<div style="widows: 1; text-transform: none; margin-top: 6pt; text-indent: 20pt; font: 13px/12pt 'times new roman', times, serif; white-space: normal; letter-spacing: normal; color: #000000; word-spacing: 0px; -webkit-text-stroke-width: 0px;">The consolidated financial statements are prepared in accordance with U.S. generally accepted accounting principles (“GAAP”), which vary in some respects from statutory accounting practices (“SAP”) which are prescribed or permitted by the various state insurance departments in the U.S. or by insurance regulators in Bermuda. The accompanying consolidated financial statements include the accounts and operations of the Company and its subsidiaries. All significant intercompany transactions and balances have been eliminated.</div>
<div style="widows: 1; text-transform: none; margin-top: pt; text-indent: 0px; font: bold 13px/11pt 'times new roman', times, serif; white-space: normal; letter-spacing: normal; color: #000000; word-spacing: 0px; -webkit-text-stroke-width: 0px;">Estimates and Assumptions</div>
<div style="widows: 1; text-transform: none; margin-top: 6pt; text-indent: 20pt; font: 13px/12pt 'times new roman', times, serif; white-space: normal; letter-spacing: normal; color: #000000; word-spacing: 0px; -webkit-text-stroke-width: 0px;">Preparation of the consolidated financial statements in conformity with GAAP requires management to make estimates and assumptions that affect the amounts reported in the consolidated financial statements and accompanying disclosures. Those estimates are inherently subject to change, and actual results may ultimately differ from those estimates.</div>
<div style="widows: 1; text-transform: none; margin-top: pt; text-indent: 0px; font: bold 13px/11pt 'times new roman', times, serif; white-space: normal; letter-spacing: normal; color: #000000; word-spacing: 0px; -webkit-text-stroke-width: 0px;">Variable Interest Entities</div>
<div style="widows: 1; text-transform: none; margin-top: 6pt; text-indent: 20pt; font: 13px/12pt 'times new roman', times, serif; white-space: normal; letter-spacing: normal; color: #000000; word-spacing: 0px; -webkit-text-stroke-width: 0px;">Entities that do not have sufficient equity at risk to allow the entity to finance its activities without additional financial support or in which the equity investors, as a group, do not have the characteristic of a controlling financial interest are referred to as variable interest entities (“VIE”). A VIE is consolidated by the variable interest holder that is determined to have the controlling financial interest (primary beneficiary) as a result of having both the power to direct the activities of a VIE that most significantly impact the VIE’s economic performance and the obligation to absorb losses or right to receive benefits from the VIE that could potentially be significant to the VIE. The Company determines whether it is the primary beneficiary of an entity subject to consolidation based on a qualitative assessment of the VIE’s capital structure, contractual terms, nature of the VIE’s operations and purpose, and the Company’s relative exposure to the related risks of the VIE on the date it becomes initially involved in the VIE. The Company reassesses its VIE determination with respect to an entity on an ongoing basis.
<div style="widows: 1; text-transform: none; margin-top: 6pt; text-indent: 20pt; font: 13px/12pt 'times new roman', times, serif; white-space: normal; letter-spacing: normal; color: #000000; word-spacing: 0px; -webkit-text-stroke-width: 0px;">The Company holds interests in VIEs through certain equity method investments included in “other invested assets” in the accompanying consolidated balance sheets. The Company has determined that it should not consolidate any of the VIEs as it is not the primary beneficiary in any of the relationships. Although the investments resulted in the Company holding variable interests in the entities, they did not empower the Company to direct the activities that most significantly impact the economic performance of the entities. The Company’s investments related to these VIEs totaled $26.0 million and $25.1 million as of December 31, 2015 and 2014, respectively, representing the Company’s maximum exposure to loss.</div>
</div>
<div style="widows: 1; text-transform: none; margin-top: 1pt; text-indent: 0px; font: bold 13px/11pt 'times new roman', times, serif; white-space: normal; letter-spacing: normal; color: #000000; word-spacing: 0px; -webkit-text-stroke-width: 0px;">Prospective Accounting Standards</div>
<div style="widows: 1; text-transform: none; margin-top: 6pt; text-indent: 20pt; font: 13px/12pt 'times new roman', times, serif; white-space: normal; letter-spacing: normal; color: #000000; word-spacing: 0px; -webkit-text-stroke-width: 0px;">In May 2014, the FASB issued Accounting Standards Update (“ASU”) No. 2014-09, <font style="widows: 1; text-transform: none; text-indent: 26px; font: italic 13px/16px 'times new roman', times, serif; white-space: normal; letter-spacing: normal; color: #000000; word-spacing: 0px; -webkit-text-stroke-width: 0px;">Revenue from Contracts with Customers (Topic 606)</font>, which creates a new comprehensive revenue recognition standard that will serve as a single source of revenue guidance for all companies in all industries. The guidance applies to all companies that either enter into contracts with customers to transfer goods or services or enter into contracts for the transfer of nonfinancial assets, unless those contracts are within the scope of other standards, such as insurance contracts. Under this guidance, a company will recognize revenue when it transfers promised goods or services to customers in an amount that reflects the consideration to which the company expects to be entitled in exchange for those goods or services. In doing so, companies will need to use more judgment and make more estimates than under the current guidance. These may include identifying performance obligations in the contract, estimating the amount of variable consideration to include in the transaction price and allocating the transaction price to each separate performance obligation. ASU No. 2014-09 becomes effective for the Company during the first quarter of 2018 and must be applied retrospectively. The Company is currently evaluating ASU No. 2014-09 to determine the potential impact that adopting this standard will have on its consolidated financial statements.</div>
<div style="widows: 1; text-transform: none; margin-top: 6pt; text-indent: 20pt; font: 13px/12pt 'times new roman', times, serif; white-space: normal; letter-spacing: normal; color: #000000; word-spacing: 0px; -webkit-text-stroke-width: 0px;">In February 2015, the FASB issued ASU 2015-02, <font style="widows: 1; text-transform: none; text-indent: 26px; font: italic 13px/16px 'times new roman', times, serif; white-space: normal; letter-spacing: normal; color: #000000; word-spacing: 0px; -webkit-text-stroke-width: 0px;">Consolidation (Topic 810): Amendments to the Consolidation Analysis</font>. ASU 2015-02 changes the analysis that a reporting entity must perform to determine whether entities should be consolidated if they are deemed variable interest entities. It is effective for annual reporting periods, and interim periods within those years, beginning after December 15, 2015. The Company is currently evaluating the impact of the adoption of ASU 2015-02, but adoption is not expected to have a material effect on its consolidated financial statements.</div>
<div style="widows: 1; text-transform: none; margin-top: 6pt; text-indent: 20pt; font: 13px/12pt 'times new roman', times, serif; white-space: normal; letter-spacing: normal; color: #000000; word-spacing: 0px; -webkit-text-stroke-width: 0px;">In May 2015, the FASB issued ASU 2015-09, <font style="font-style: italic;">Insurance (Topic 944), Disclosures about Short-Duration Contracts</font>. ASU 2015-09 requires additional disclosures about short-duration contracts. The disclosures will focus on the liability for the reserves for losses and loss adjustment expenses. ASU 2015-09 is effective for annual periods beginning after December 15, 2015 and interim periods within annual periods beginning after December 15, 2016. The Company is currently evaluating the impact of the adoption of ASU 2015-09 on its consolidated financial statements.</div>
<table align="center" style="widows: 1; text-transform: none; text-indent: 0px; width: 100%; border-collapse: collapse; font: 13px 'times new roman', times, serif; white-space: normal; letter-spacing: normal; height: 371px; color: #000000; word-spacing: 0px; -webkit-text-stroke-width: 0px;" border="0">
<tr style="text-align: center; text-transform: none; font: bold 8pt/9pt 'times new roman', times, serif; white-space: nowrap; color: #000000; vertical-align: bottom;">
<td style="border-bottom: #ffffff 1px solid; text-align: left; padding-bottom: 0.5pt; padding-left: 0pt; width: 260.63pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="border-bottom: #ffffff 1px solid; width: 6pt; padding: 0pt;">​</td>
<td style="border-bottom: #ffffff 1px solid; width: 6pt; padding: 0pt;">​</td>
<td style="border-bottom: #000000 1px solid; padding-bottom: 0.667pt; padding-left: 0pt; padding-right: 0pt; padding-top: 0pt;" colspan="4">
<div style="text-align: center;">Cost or <br />Amortized <br />Cost</div>
</td>
<td style="border-bottom: #ffffff 1px solid; width: 6pt; padding: 0pt;">​</td>
<td style="border-bottom: #ffffff 1px solid; width: 6pt; padding: 0pt;">​</td>
<td style="border-bottom: #000000 1px solid; padding-bottom: 0.667pt; padding-left: 0pt; padding-right: 0pt; padding-top: 0pt;" colspan="4">
<div style="text-align: center;">Gross <br />Unrealized <br />Gains</div>
</td>
<td style="border-bottom: #ffffff 1px solid; width: 6pt; padding: 0pt;">​</td>
<td style="border-bottom: #ffffff 1px solid; width: 6pt; padding: 0pt;">​</td>
<td style="border-bottom: #000000 1px solid; padding-bottom: 0.667pt; padding-left: 0pt; padding-right: 0pt; padding-top: 0pt;" colspan="4">
<div style="text-align: center;">Gross <br />Unrealized <br />Losses</div>
</td>
<td style="border-bottom: #ffffff 1px solid; width: 6pt; padding: 0pt;">​</td>
<td style="border-bottom: #ffffff 1px solid; width: 6pt; padding: 0pt;">​</td>
<td style="border-bottom: #000000 1px solid; padding-bottom: 0.667pt; padding-left: 0pt; padding-right: 0pt; padding-top: 0pt;" colspan="4">
<div style="text-align: center;">Fair <br />Value</div>
</td>
<td style="border-bottom: #ffffff 1px solid; width: 0pt; padding: 0pt;">​</td>
</tr>
<tr style="text-align: left; text-transform: none; font: bold italic 8pt/8pt 'times new roman', times, serif; white-space: nowrap; color: #000000; vertical-align: bottom;">
<td style="padding-bottom: 0.5pt; padding-left: 0pt; width: 260.63pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="text-align: center; padding-bottom: 0.5pt; padding-left: 0pt; width: 0pt; padding-right: 0pt; padding-top: 2pt;" colspan="22">
<div style="text-align: center; white-space: nowrap;">(in thousands)</div>
</td>
<td style="width: 0pt; padding: 0pt;">​</td>
</tr>
<tr style="text-align: left; text-transform: none; background-color: #cceeff; font: bold 10pt/10pt 'times new roman', times, serif; white-space: nowrap; color: #000000; vertical-align: bottom;">
<td style="padding-bottom: 0.5pt; padding-left: 0pt; width: 260.63pt; padding-right: 0pt; padding-top: 2.25pt;">December 31, 2015</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td colspan="6">​</td>
<td colspan="6">​</td>
<td colspan="6">​</td>
<td colspan="6">​</td>
</tr>
<tr style="text-align: left; text-transform: none; font: 10pt/10pt 'times new roman', times, serif; white-space: nowrap; color: #000000; vertical-align: bottom;">
<td style="padding-bottom: 0.5pt; padding-left: 0pt; width: 260.63pt; padding-right: 0pt; padding-top: 2.25pt;">Fixed maturity securities:</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td colspan="6">​</td>
<td colspan="6">​</td>
<td colspan="6">​</td>
<td colspan="6">​</td>
</tr>
<tr style="text-align: right; text-transform: none; background-color: #cceeff; font: 10pt/10pt 'times new roman', times, serif; white-space: nowrap; color: #000000; vertical-align: bottom;">
<td style="text-align: left; padding-bottom: 0.5pt; padding-left: 0pt; width: 260.63pt; padding-right: 0pt; padding-top: 2.25pt;">
<div style="margin-left: 10pt;">State and municipal</div>
</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="min-width: 3.75pt; text-align: right; padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 2.25pt;">$</td>
<td style="min-width: 24.75pt; text-align: right; padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 2.25pt;">95,864</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="padding-bottom: 0pt; padding-left: 1.605pt; width: 0pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="min-width: 3.75pt; text-align: right; padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 2.25pt;">$</td>
<td style="min-width: 21pt; text-align: right; padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 2.25pt;">7,728</td>
<td style="padding-bottom: 0pt; padding-left: 1.605pt; width: 0pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="min-width: 3.75pt; text-align: right; padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 2.25pt;">$</td>
<td style="min-width: 23.25pt; text-align: right; padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 2.25pt;">(135<font style="position: absolute;">)</font></td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="min-width: 3.75pt; text-align: right; padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 2.25pt;">$</td>
<td style="min-width: 24.75pt; text-align: right; padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 2.25pt;">103,457</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
</tr>
<tr style="text-align: right; text-transform: none; font: 10pt/10pt 'times new roman', times, serif; white-space: nowrap; color: #000000; vertical-align: bottom;">
<td style="text-align: left; padding-bottom: 0.5pt; padding-left: 0pt; width: 260.63pt; padding-right: 0pt; padding-top: 2.25pt;">
<div style="margin-left: 10pt;">Residential
mortgage-backed</div>
</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="min-width: 3.75pt; text-align: right; padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 2.25pt;">​</td>
<td style="min-width: 24.75pt; text-align: right; padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 2.25pt;">137,308</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="padding-bottom: 0pt; padding-left: 1.605pt; width: 0pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="min-width: 3.75pt; text-align: right; padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 2.25pt;">​</td>
<td style="min-width: 21pt; text-align: right; padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 2.25pt;">1,718</td>
<td style="padding-bottom: 0pt; padding-left: 1.605pt; width: 0pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="min-width: 3.75pt; text-align: right; padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 2.25pt;">​</td>
<td style="min-width: 23.25pt; text-align: right; padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 2.25pt;">(2,139<font style="position: absolute;">)</font></td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="min-width: 3.75pt; text-align: right; padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 2.25pt;">​</td>
<td style="min-width: 24.75pt; text-align: right; padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 2.25pt;">136,887</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
</tr>
<tr style="text-align: right; text-transform: none; background-color: #cceeff; font: 10pt/10pt 'times new roman', times, serif; white-space: nowrap; color: #000000; vertical-align: bottom;">
<td style="text-align: left; padding-bottom: 0.5pt; padding-left: 0pt; width: 260.63pt; padding-right: 0pt; padding-top: 2.25pt;">
<div style="margin-left: 10pt;">Corporate</div>
</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="min-width: 3.75pt; text-align: right; padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 2.25pt;">​</td>
<td style="min-width: 24.75pt; text-align: right; padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 2.25pt;">368,961</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="padding-bottom: 0pt; padding-left: 1.605pt; width: 0pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="min-width: 3.75pt; text-align: right; padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 2.25pt;">​</td>
<td style="min-width: 21pt; text-align: right; padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 2.25pt;">3,988</td>
<td style="padding-bottom: 0pt; padding-left: 1.605pt; width: 0pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="min-width: 3.75pt; text-align: right; padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 2.25pt;">​</td>
<td style="min-width: 23.25pt; text-align: right; padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 2.25pt;">(9,781<font style="position: absolute;">)</font></td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="min-width: 3.75pt; text-align: right; padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 2.25pt;">​</td>
<td style="min-width: 24.75pt; text-align: right; padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 2.25pt;">363,168</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
</tr>
<tr style="text-align: right; text-transform: none; font: 10pt/10pt 'times new roman', times, serif; white-space: nowrap; color: #000000; vertical-align: bottom;">
<td style="text-align: left; padding-bottom: 0.5pt; padding-left: 0pt; width: 260.63pt; padding-right: 0pt; padding-top: 2.25pt;">
<div style="margin-left: 10pt;">Commercial mortgage and asset-backed</div>
</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="min-width: 3.75pt; text-align: right; padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 2.25pt;">​</td>
<td style="min-width: 24.75pt; text-align: right; padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 2.25pt;">130,231</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="padding-bottom: 0pt; padding-left: 1.605pt; width: 0pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="min-width: 3.75pt; text-align: right; padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 2.25pt;">​</td>
<td style="min-width: 21pt; text-align: right; padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 2.25pt;">890</td>
<td style="padding-bottom: 0pt; padding-left: 1.605pt; width: 0pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="min-width: 3.75pt; text-align: right; padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 2.25pt;">​</td>
<td style="min-width: 23.25pt; text-align: right; padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top:
2.25pt;">(425<font style="position: absolute;">)</font></td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="min-width: 3.75pt; text-align: right; padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 2.25pt;">​</td>
<td style="min-width: 24.75pt; text-align: right; padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 2.25pt;">130,696</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
</tr>
<tr style="text-align: right; text-transform: none; background-color: #cceeff; font: 10pt/10pt 'times new roman', times, serif; white-space: nowrap; color: #000000; vertical-align: bottom;">
<td style="text-align: left; padding-bottom: 0.5pt; padding-left: 0pt; width: 260.63pt; padding-right: 0pt; padding-top: 2.25pt;">
<div style="margin-left: 10pt;">Obligations of U.S. government corporations and agencies</div>
</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="min-width: 3.75pt; text-align: right; padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 2.25pt;">​</td>
<td style="min-width: 24.75pt; text-align: right; padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 2.25pt;">89,734</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="padding-bottom: 0pt; padding-left: 1.605pt; width: 0pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="min-width: 3.75pt; text-align: right; padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 2.25pt;">​</td>
<td style="min-width: 21pt; text-align: right; padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 2.25pt;">698</td>
<td style="padding-bottom: 0pt; padding-left: 1.605pt; width: 0pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="min-width: 3.75pt; text-align: right; padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 2.25pt;">​</td>
<td style="min-width: 23.25pt; text-align: right; padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 2.25pt;">(269<font style="position: absolute;">)</font></td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="min-width: 3.75pt; text-align: right; padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 2.25pt;">​</td>
<td style="min-width: 24.75pt; text-align: right; padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 2.25pt;">90,163</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
</tr>
<tr style="text-align: right; text-transform: none; font: 10pt/12pt 'times new roman', times, serif; white-space: nowrap; color: #000000; vertical-align: bottom;">
<td style="text-align: left; padding-bottom: 0.5pt; padding-left: 0pt; width: 260.63pt; padding-right: 0pt; padding-top: 0.917pt;">
<div style="text-indent: -10pt; margin-left: 20pt;">U.S. Treasury securities and obligations guaranteed by the <br />U.S. government</div>
</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="min-width: 3.75pt; text-align: right; padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 0.917pt;">​</td>
<td style="min-width: 24.75pt; text-align: right; padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 0.917pt;">73,322</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="padding-bottom: 0pt; padding-left: 1.605pt; width: 0pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="min-width: 3.75pt; text-align: right; padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 0.917pt;">​</td>
<td style="min-width: 21pt; text-align: right; padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 0.917pt;">165</td>
<td style="padding-bottom: 0pt; padding-left: 1.605pt; width: 0pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="min-width: 3.75pt; text-align: right; padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 0.917pt;">​</td>
<td style="min-width: 23.25pt; text-align: right; padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 0.917pt;">(232<font style="position: absolute;">)</font></td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="min-width: 3.75pt; text-align: right; padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 0.917pt;">​</td>
<td style="min-width: 24.75pt; text-align: right; padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 0.917pt;">73,255</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
</tr>
<tr style="text-align: right; text-transform: none; background-color: #cceeff; font: 10pt/10pt 'times new roman', times, serif; white-space: nowrap; color: #000000; vertical-align: bottom;">
<td style="border-bottom: #cceeff 1px solid; text-align: left; padding-bottom: 1.25pt; padding-left: 0pt; width: 260.63pt; padding-right: 0pt; padding-top: 2.25pt;">
<div style="margin-left: 10pt;">Redeemable preferred stock</div>
</td>
<td style="border-bottom: #cceeff 1px solid; width: 6pt; padding: 0pt;">​</td>
<td style="border-bottom: #cceeff 1px solid; width: 6pt; padding: 0pt;">​</td>
<td style="border-bottom: #cceeff 1px solid; width: 0pt; padding: 0pt;">​</td>
<td style="border-bottom: #000000 1px solid; min-width: 3.75pt; text-align: right; padding-bottom: 1.25pt; padding-left: 0pt; padding-right: 0pt; padding-top:
2.25pt;">​</td>
<td style="border-bottom: #000000 1px solid; min-width: 24.75pt; text-align: right; padding-bottom: 1.25pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 2.25pt;">2,025</td>
<td style="border-bottom: #cceeff 1px solid; width: 0pt; padding: 0pt;">​</td>
<td style="border-bottom: #cceeff 1px solid; width: 6pt; padding: 0pt;">​</td>
<td style="border-bottom: #cceeff 1px solid; width: 6pt; padding: 0pt;">​</td>
<td style="border-bottom: #cceeff 1px solid; padding-bottom: 0pt; padding-left: 1.605pt; width: 0pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="border-bottom: #000000 1px solid; min-width: 3.75pt; text-align: right; padding-bottom: 1.25pt; padding-left: 0pt; padding-right: 0pt; padding-top: 2.25pt;">​</td>
<td style="border-bottom: #000000 1px solid; min-width: 21pt; text-align: right; padding-bottom: 1.25pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 2.25pt;">9</td>
<td style="border-bottom: #cceeff 1px solid; padding-bottom: 0pt; padding-left: 1.605pt; width: 0pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="border-bottom: #cceeff 1px solid; width: 6pt; padding: 0pt;">​</td>
<td style="border-bottom: #cceeff 1px solid; width: 6pt; padding: 0pt;">​</td>
<td style="border-bottom: #cceeff 1px solid; width: 0pt; padding: 0pt;">​</td>
<td style="border-bottom: #000000 1px solid; min-width: 3.75pt; text-align: right; padding-bottom: 1.25pt; padding-left: 0pt; padding-right: 0pt; padding-top: 2.25pt;">​</td>
<td style="border-bottom: #000000 1px solid; min-width: 23.25pt; text-align: right; padding-bottom: 1.25pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 2.25pt;">—</td>
<td style="border-bottom: #cceeff 1px solid; width: 0pt; padding: 0pt;">​</td>
<td style="border-bottom: #cceeff 1px solid; width: 6pt; padding: 0pt;">​</td>
<td style="border-bottom: #cceeff 1px solid; width: 6pt; padding: 0pt;">​</td>
<td style="border-bottom: #cceeff 1px solid; width: 0pt; padding: 0pt;">​</td>
<td style="border-bottom: #000000 1px solid; min-width: 3.75pt; text-align: right; padding-bottom: 1.25pt; padding-left: 0pt; padding-right: 0pt; padding-top: 2.25pt;">​</td>
<td style="border-bottom: #000000 1px solid; min-width: 24.75pt; text-align: right; padding-bottom: 1.25pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 2.25pt;">2,034</td>
<td style="border-bottom: #cceeff 1px solid; width: 0pt; padding: 0pt;">​</td>
<td style="border-bottom: #cceeff 1px solid; width: 0pt; padding: 0pt;">​</td>
</tr>
<tr style="text-align: right; text-transform: none; font: 10pt/10pt 'times new roman', times, serif; white-space: nowrap; color: #000000; vertical-align: bottom;">
<td style="text-align: left; padding-bottom: 0.5pt; padding-left: 0pt; width: 260.63pt; padding-right: 0pt; padding-top: 2pt;">
<div style="white-space: nowrap;">Total fixed maturity securities</div>
</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="min-width: 3.75pt; text-align: right; padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 2pt;">​</td>
<td style="min-width: 24.75pt; text-align: right; padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 2pt;">897,445</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="padding-bottom: 0pt; padding-left: 1.605pt; width: 0pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="min-width: 3.75pt; text-align: right; padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 2pt;">​</td>
<td style="min-width: 21pt; text-align: right; padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 2pt;">15,196</td>
<td style="padding-bottom: 0pt; padding-left: 1.605pt; width: 0pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="min-width: 3.75pt; text-align: right; padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 2pt;">​</td>
<td style="min-width: 23.25pt; text-align: right; padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 2pt;">(12,981<font style="position: absolute;">)</font></td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="min-width: 3.75pt; text-align: right; padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 2pt;">​</td>
<td style="min-width: 24.75pt; text-align: right; padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 2pt;">899,660</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
</tr>
<tr style="text-align: right; text-transform: none; background-color: #cceeff; font: 10pt/10pt 'times new roman', times, serif; white-space: nowrap; color: #000000; vertical-align: bottom;">
<td style="border-bottom: #cceeff 1px solid; text-align: left; padding-bottom: 1.25pt; padding-left: 0pt; width: 260.63pt; padding-right: 0pt; padding-top: 2.25pt;">
<div style="white-space: nowrap;">Equity securities</div>
</td>
<td style="border-bottom: #cceeff 1px solid; width: 6pt; padding: 0pt;">​</td>
<td style="border-bottom: #cceeff 1px solid; width: 6pt; padding: 0pt;">​</td>
<td style="border-bottom: #cceeff 1px solid; width: 0pt; padding: 0pt;">​</td>
<td style="border-bottom: #000000 1px solid; min-width: 3.75pt; text-align: right; padding-bottom: 1.25pt; padding-left: 0pt; padding-right: 0pt; padding-top: 2.25pt;">​</td>
<td style="border-bottom: #000000 1px solid; min-width: 24.75pt; text-align: right; padding-bottom: 1.25pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 2.25pt;">69,830</td>
<td style="border-bottom: #cceeff 1px solid; width: 0pt; padding: 0pt;">​</td>
<td style="border-bottom: #cceeff 1px solid; width: 6pt; padding: 0pt;">​</td>
<td style="border-bottom: #cceeff 1px solid; width: 6pt; padding: 0pt;">​</td>
<td style="border-bottom: #cceeff 1px solid; padding-bottom: 0pt; padding-left: 1.605pt; width: 0pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="border-bottom: #000000 1px solid; min-width: 3.75pt; text-align: right; padding-bottom: 1.25pt; padding-left: 0pt; padding-right: 0pt; padding-top: 2.25pt;">​</td>
<td
style="border-bottom: #000000 1px solid; min-width: 21pt; text-align: right; padding-bottom: 1.25pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 2.25pt;">5,512</td>
<td style="border-bottom: #cceeff 1px solid; padding-bottom: 0pt; padding-left: 1.605pt; width: 0pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="border-bottom: #cceeff 1px solid; width: 6pt; padding: 0pt;">​</td>
<td style="border-bottom: #cceeff 1px solid; width: 6pt; padding: 0pt;">​</td>
<td style="border-bottom: #cceeff 1px solid; width: 0pt; padding: 0pt;">​</td>
<td style="border-bottom: #000000 1px solid; min-width: 3.75pt; text-align: right; padding-bottom: 1.25pt; padding-left: 0pt; padding-right: 0pt; padding-top: 2.25pt;">​</td>
<td style="border-bottom: #000000 1px solid; min-width: 23.25pt; text-align: right; padding-bottom: 1.25pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 2.25pt;">(1,231<font style="position: absolute;">)</font></td>
<td style="border-bottom: #cceeff 1px solid; width: 0pt; padding: 0pt;">​</td>
<td style="border-bottom: #cceeff 1px solid; width: 6pt; padding: 0pt;">​</td>
<td style="border-bottom: #cceeff 1px solid; width: 6pt; padding: 0pt;">​</td>
<td style="border-bottom: #cceeff 1px solid; width: 0pt; padding: 0pt;">​</td>
<td style="border-bottom: #000000 1px solid; min-width: 3.75pt; text-align: right; padding-bottom: 1.25pt; padding-left: 0pt; padding-right: 0pt; padding-top: 2.25pt;">​</td>
<td style="border-bottom: #000000 1px solid; min-width: 24.75pt; text-align: right; padding-bottom: 1.25pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 2.25pt;">74,111</td>
<td style="border-bottom: #cceeff 1px solid; width: 0pt; padding: 0pt;">​</td>
<td style="border-bottom: #cceeff 1px solid; width: 0pt; padding: 0pt;">​</td>
</tr>
<tr style="text-align: right; text-transform: none; font: 10pt/10pt 'times new roman', times, serif; white-space: nowrap; color: #000000; vertical-align: bottom;">
<td style="text-align: left; padding-bottom: 2pt; padding-left: 0pt; width: 260.63pt; padding-right: 0pt; padding-top: 2pt;">
<div style="white-space: nowrap;">Total investments available-for-sale</div>
</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="border-bottom: #000000 3px double; min-width: 3.75pt; text-align: right; padding-bottom: 1.25pt; padding-left: 0pt; padding-right: 0pt; padding-top: 2pt;">$</td>
<td style="border-bottom: #000000 3px double; min-width: 24.75pt; text-align: right; padding-bottom: 1.25pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 2pt;">967,275</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="padding-bottom: 0pt; padding-left: 1.605pt; width: 0pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="border-bottom: #000000 3px double; min-width: 3.75pt; text-align: right; padding-bottom: 1.25pt; padding-left: 0pt; padding-right: 0pt; padding-top: 2pt;">$</td>
<td style="border-bottom: #000000 3px double; min-width: 21pt; text-align: right; padding-bottom: 1.25pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 2pt;">20,708</td>
<td style="padding-bottom: 0pt; padding-left: 1.605pt; width: 0pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="border-bottom: #000000 3px double; min-width: 3.75pt; text-align: right; padding-bottom: 1.25pt; padding-left: 0pt; padding-right: 0pt; padding-top: 2pt;">$</td>
<td style="border-bottom: #000000 3px double; min-width: 23.25pt; text-align: right; padding-bottom: 1.25pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 2pt;">(14,212<font style="position: absolute;">)</font></td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="border-bottom: #000000 3px double; min-width: 3.75pt; text-align: right; padding-bottom: 1.25pt; padding-left: 0pt; padding-right: 0pt; padding-top: 2pt;">$</td>
<td style="border-bottom: #000000 3px double; min-width: 24.75pt; text-align: right; padding-bottom: 1.25pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 2pt;">973,771</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
</tr>
<tr style="text-align: left; text-transform: none; background-color: #cceeff; font: bold 10pt/10pt 'times new roman', times, serif; white-space: nowrap; color: #000000; vertical-align: bottom;">
<td style="padding-bottom: 0.5pt; padding-left: 0pt; width: 260.63pt; padding-right: 0pt; padding-top: 7.5pt;">December 31, 2014</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td colspan="6">​</td>
<td colspan="6">​</td>
<td colspan="6">​</td>
<td colspan="6">​</td>
</tr>
<tr style="text-align: left; text-transform: none; font: 10pt/10pt 'times new roman', times, serif; white-space: nowrap; color: #000000; vertical-align: bottom;">
<td style="padding-bottom: 0.5pt; padding-left: 0pt; width: 260.63pt; padding-right: 0pt; padding-top: 2.25pt;">Fixed maturity securities:</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td colspan="6">​</td>
<td colspan="6">​</td>
<td colspan="6">​</td>
<td colspan="6">​</td>
</tr>
<tr style="text-align: right; text-transform: none; background-color: #cceeff; font: 10pt/10pt 'times new roman', times, serif; white-space: nowrap; color: #000000; vertical-align: bottom;">
<td style="text-align: left; padding-bottom: 0.5pt; padding-left: 0pt; width: 260.63pt; padding-right: 0pt; padding-top: 2.25pt;">
<div style="margin-left: 10pt;">State and municipal</div>
</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="min-width: 3.75pt; text-align: right; padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 2.25pt;">$</td>
<td style="min-width: 24.75pt; text-align: right; padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 2.25pt;">90,715</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="padding-bottom: 0pt; padding-left: 1.605pt; width: 0pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="min-width: 3.75pt; text-align: right;
padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 2.25pt;">$</td>
<td style="min-width: 21pt; text-align: right; padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 2.25pt;">8,509</td>
<td style="padding-bottom: 0pt; padding-left: 1.605pt; width: 0pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="min-width: 3.75pt; text-align: right; padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 2.25pt;">$</td>
<td style="min-width: 23.25pt; text-align: right; padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 2.25pt;">(178<font style="position: absolute;">)</font></td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="min-width: 3.75pt; text-align: right; padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 2.25pt;">$</td>
<td style="min-width: 24.75pt; text-align: right; padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 2.25pt;">99,046</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
</tr>
<tr style="text-align: right; text-transform: none; font: 10pt/10pt 'times new roman', times, serif; white-space: nowrap; color: #000000; vertical-align: bottom;">
<td style="text-align: left; padding-bottom: 0.5pt; padding-left: 0pt; width: 260.63pt; padding-right: 0pt; padding-top: 2.25pt;">
<div style="margin-left: 10pt;">Residential mortgage-backed</div>
</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="min-width: 3.75pt; text-align: right; padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 2.25pt;">​</td>
<td style="min-width: 24.75pt; text-align: right; padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 2.25pt;">113,997</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="padding-bottom: 0pt; padding-left: 1.605pt; width: 0pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="min-width: 3.75pt; text-align: right; padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 2.25pt;">​</td>
<td style="min-width: 21pt; text-align: right; padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 2.25pt;">2,661</td>
<td style="padding-bottom: 0pt; padding-left: 1.605pt; width: 0pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="min-width: 3.75pt; text-align: right; padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 2.25pt;">​</td>
<td style="min-width: 23.25pt; text-align: right; padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 2.25pt;">(1,409<font style="position: absolute;">)</font></td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="min-width: 3.75pt; text-align: right; padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 2.25pt;">​</td>
<td style="min-width: 24.75pt; text-align: right; padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 2.25pt;">115,249</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
</tr>
<tr style="text-align: right; text-transform: none; background-color: #cceeff; font: 10pt/10pt 'times new roman', times, serif; white-space: nowrap; color: #000000; vertical-align: bottom;">
<td style="text-align: left; padding-bottom: 0.5pt; padding-left: 0pt; width: 260.63pt; padding-right: 0pt; padding-top: 2.25pt;">
<div style="margin-left: 10pt;">Corporate</div>
</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="min-width: 3.75pt; text-align: right; padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 2.25pt;">​</td>
<td style="min-width: 24.75pt; text-align: right; padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 2.25pt;">261,574</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="padding-bottom: 0pt; padding-left: 1.605pt; width: 0pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="min-width: 3.75pt; text-align: right; padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 2.25pt;">​</td>
<td style="min-width: 21pt; text-align: right; padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 2.25pt;">8,742</td>
<td style="padding-bottom: 0pt; padding-left: 1.605pt; width: 0pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="min-width: 3.75pt; text-align: right; padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 2.25pt;">​</td>
<td style="min-width: 23.25pt; text-align: right; padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 2.25pt;">(2,434<font style="position: absolute;">)</font></td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="min-width: 3.75pt; text-align: right; padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 2.25pt;">​</td>
<td style="min-width: 24.75pt; text-align: right; padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 2.25pt;">267,882</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
</tr>
<tr style="text-align: right; text-transform: none; font: 10pt/10pt 'times new roman', times, serif; white-space: nowrap; color: #000000; vertical-align:
bottom;">
<td style="text-align: left; padding-bottom: 0.5pt; padding-left: 0pt; width: 260.63pt; padding-right: 0pt; padding-top: 2.25pt;">
<div style="margin-left: 10pt;">Commercial mortgage and asset-backed</div>
</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="min-width: 3.75pt; text-align: right; padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 2.25pt;">​</td>
<td style="min-width: 24.75pt; text-align: right; padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 2.25pt;">111,056</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="padding-bottom: 0pt; padding-left: 1.605pt; width: 0pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="min-width: 3.75pt; text-align: right; padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 2.25pt;">​</td>
<td style="min-width: 21pt; text-align: right; padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 2.25pt;">2,429</td>
<td style="padding-bottom: 0pt; padding-left: 1.605pt; width: 0pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="min-width: 3.75pt; text-align: right; padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 2.25pt;">​</td>
<td style="min-width: 23.25pt; text-align: right; padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 2.25pt;">(144<font style="position: absolute;">)</font></td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="min-width: 3.75pt; text-align: right; padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 2.25pt;">​</td>
<td style="min-width: 24.75pt; text-align: right; padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 2.25pt;">113,341</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
</tr>
<tr style="text-align: right; text-transform: none; background-color: #cceeff; font: 10pt/10pt 'times new roman', times, serif; white-space: nowrap; color: #000000; vertical-align: bottom;">
<td style="text-align: left; padding-bottom: 0.5pt; padding-left: 0pt; width: 260.63pt; padding-right: 0pt; padding-top: 2.25pt;">
<div style="margin-left: 10pt;">Obligations of U.S. government corporations and agencies</div>
</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="min-width: 3.75pt; text-align: right; padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 2.25pt;">​</td>
<td style="min-width: 24.75pt; text-align: right; padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 2.25pt;">100,376</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="padding-bottom: 0pt; padding-left: 1.605pt; width: 0pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="min-width: 3.75pt; text-align: right; padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 2.25pt;">​</td>
<td style="min-width: 21pt; text-align: right; padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 2.25pt;">1,431</td>
<td style="padding-bottom: 0pt; padding-left: 1.605pt; width: 0pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="min-width: 3.75pt; text-align: right; padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 2.25pt;">​</td>
<td style="min-width: 23.25pt; text-align: right; padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 2.25pt;">(532<font style="position: absolute;">)</font></td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="min-width: 3.75pt; text-align: right; padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 2.25pt;">​</td>
<td style="min-width: 24.75pt; text-align: right; padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 2.25pt;">101,275</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
</tr>
<tr style="text-align: right; text-transform: none; font: 10pt/12pt 'times new roman', times, serif; white-space: nowrap; color: #000000; vertical-align: bottom;">
<td style="text-align: left; padding-bottom: 0.5pt; padding-left: 0pt; width: 260.63pt; padding-right: 0pt; padding-top: 0.917pt;">
<div style="text-indent: -10pt; margin-left: 20pt;">U.S. Treasury securities and obligations guaranteed by the <br />U.S. government</div>
</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="min-width: 3.75pt; text-align: right; padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 0.917pt;">​</td>
<td style="min-width: 24.75pt; text-align: right; padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 0.917pt;">58,173</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="padding-bottom: 0pt; padding-left: 1.605pt; width: 0pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="min-width: 3.75pt; text-align: right; padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 0.917pt;">​</td>
<td style="min-width: 21pt; text-align: right; padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 0.917pt;">289</td>
<td style="padding-bottom: 0pt; padding-left: 1.605pt; width: 0pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding:
0pt;">​</td>
<td style="min-width: 3.75pt; text-align: right; padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 0.917pt;">​</td>
<td style="min-width: 23.25pt; text-align: right; padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 0.917pt;">(193<font style="position: absolute;">)</font></td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="min-width: 3.75pt; text-align: right; padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 0.917pt;">​</td>
<td style="min-width: 24.75pt; text-align: right; padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 0.917pt;">58,269</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
</tr>
<tr style="text-align: right; text-transform: none; background-color: #cceeff; font: 10pt/10pt 'times new roman', times, serif; white-space: nowrap; color: #000000; vertical-align: bottom;">
<td style="border-bottom: #cceeff 1px solid; text-align: left; padding-bottom: 1.25pt; padding-left: 0pt; width: 260.63pt; padding-right: 0pt; padding-top: 2.25pt;">
<div style="margin-left: 10pt;">Redeemable preferred stock</div>
</td>
<td style="border-bottom: #cceeff 1px solid; width: 6pt; padding: 0pt;">​</td>
<td style="border-bottom: #cceeff 1px solid; width: 6pt; padding: 0pt;">​</td>
<td style="border-bottom: #cceeff 1px solid; width: 0pt; padding: 0pt;">​</td>
<td style="border-bottom: #000000 1px solid; min-width: 3.75pt; text-align: right; padding-bottom: 1.25pt; padding-left: 0pt; padding-right: 0pt; padding-top: 2.25pt;">​</td>
<td style="border-bottom: #000000 1px solid; min-width: 24.75pt; text-align: right; padding-bottom: 1.25pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 2.25pt;">2,025</td>
<td style="border-bottom: #cceeff 1px solid; width: 0pt; padding: 0pt;">​</td>
<td style="border-bottom: #cceeff 1px solid; width: 6pt; padding: 0pt;">​</td>
<td style="border-bottom: #cceeff 1px solid; width: 6pt; padding: 0pt;">​</td>
<td style="border-bottom: #cceeff 1px solid; padding-bottom: 0pt; padding-left: 1.605pt; width: 0pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="border-bottom: #000000 1px solid; min-width: 3.75pt; text-align: right; padding-bottom: 1.25pt; padding-left: 0pt; padding-right: 0pt; padding-top: 2.25pt;">​</td>
<td style="border-bottom: #000000 1px solid; min-width: 21pt; text-align: right; padding-bottom: 1.25pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 2.25pt;">—</td>
<td style="border-bottom: #cceeff 1px solid; padding-bottom: 0pt; padding-left: 1.605pt; width: 0pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="border-bottom: #cceeff 1px solid; width: 6pt; padding: 0pt;">​</td>
<td style="border-bottom: #cceeff 1px solid; width: 6pt; padding: 0pt;">​</td>
<td style="border-bottom: #cceeff 1px solid; width: 0pt; padding: 0pt;">​</td>
<td style="border-bottom: #000000 1px solid; min-width: 3.75pt; text-align: right; padding-bottom: 1.25pt; padding-left: 0pt; padding-right: 0pt; padding-top: 2.25pt;">​</td>
<td style="border-bottom: #000000 1px solid; min-width: 23.25pt; text-align: right; padding-bottom: 1.25pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 2.25pt;">(124<font style="position: absolute;">)</font></td>
<td style="border-bottom: #cceeff 1px solid; width: 0pt; padding: 0pt;">​</td>
<td style="border-bottom: #cceeff 1px solid; width: 6pt; padding: 0pt;">​</td>
<td style="border-bottom: #cceeff 1px solid; width: 6pt; padding: 0pt;">​</td>
<td style="border-bottom: #cceeff 1px solid; width: 0pt; padding: 0pt;">​</td>
<td style="border-bottom: #000000 1px solid; min-width: 3.75pt; text-align: right; padding-bottom: 1.25pt; padding-left: 0pt; padding-right: 0pt; padding-top: 2.25pt;">​</td>
<td style="border-bottom: #000000 1px solid; min-width: 24.75pt; text-align: right; padding-bottom: 1.25pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 2.25pt;">1,901</td>
<td style="border-bottom: #cceeff 1px solid; width: 0pt; padding: 0pt;">​</td>
<td style="border-bottom: #cceeff 1px solid; width: 0pt; padding: 0pt;">​</td>
</tr>
<tr style="text-align: right; text-transform: none; font: 10pt/10pt 'times new roman', times, serif; white-space: nowrap; color: #000000; vertical-align: bottom;">
<td style="text-align: left; padding-bottom: 0.5pt; padding-left: 0pt; width: 260.63pt; padding-right: 0pt; padding-top: 2pt;">
<div style="white-space: nowrap;">Total fixed maturity securities</div>
</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="min-width: 3.75pt; text-align: right; padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 2pt;">​</td>
<td style="min-width: 24.75pt; text-align: right; padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 2pt;">737,916</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="padding-bottom: 0pt; padding-left: 1.605pt; width: 0pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="min-width: 3.75pt; text-align: right; padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 2pt;">​</td>
<td style="min-width: 21pt; text-align: right; padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 2pt;">24,061</td>
<td style="padding-bottom: 0pt; padding-left: 1.605pt; width: 0pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="min-width: 3.75pt; text-align: right; padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 2pt;">​</td>
<td style="min-width: 23.25pt; text-align: right; padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 2pt;">(5,014<font style="position: absolute;">)</font></td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="min-width: 3.75pt; text-align: right; padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 2pt;">​</td>
<td style="min-width: 24.75pt;
text-align: right; padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 2pt;">756,963</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
</tr>
<tr style="text-align: right; text-transform: none; background-color: #cceeff; font: 10pt/10pt 'times new roman', times, serif; white-space: nowrap; color: #000000; vertical-align: bottom;">
<td style="border-bottom: #cceeff 1px solid; text-align: left; padding-bottom: 1.25pt; padding-left: 0pt; width: 260.63pt; padding-right: 0pt; padding-top: 2.25pt;">
<div style="white-space: nowrap;">Equity securities</div>
</td>
<td style="border-bottom: #cceeff 1px solid; width: 6pt; padding: 0pt;">​</td>
<td style="border-bottom: #cceeff 1px solid; width: 6pt; padding: 0pt;">​</td>
<td style="border-bottom: #cceeff 1px solid; width: 0pt; padding: 0pt;">​</td>
<td style="border-bottom: #000000 1px solid; min-width: 3.75pt; text-align: right; padding-bottom: 1.25pt; padding-left: 0pt; padding-right: 0pt; padding-top: 2.25pt;">​</td>
<td style="border-bottom: #000000 1px solid; min-width: 24.75pt; text-align: right; padding-bottom: 1.25pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 2.25pt;">64,348</td>
<td style="border-bottom: #cceeff 1px solid; width: 0pt; padding: 0pt;">​</td>
<td style="border-bottom: #cceeff 1px solid; width: 6pt; padding: 0pt;">​</td>
<td style="border-bottom: #cceeff 1px solid; width: 6pt; padding: 0pt;">​</td>
<td style="border-bottom: #cceeff 1px solid; padding-bottom: 0pt; padding-left: 1.605pt; width: 0pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="border-bottom: #000000 1px solid; min-width: 3.75pt; text-align: right; padding-bottom: 1.25pt; padding-left: 0pt; padding-right: 0pt; padding-top: 2.25pt;">​</td>
<td style="border-bottom: #000000 1px solid; min-width: 21pt; text-align: right; padding-bottom: 1.25pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 2.25pt;">5,182</td>
<td style="border-bottom: #cceeff 1px solid; padding-bottom: 0pt; padding-left: 1.605pt; width: 0pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="border-bottom: #cceeff 1px solid; width: 6pt; padding: 0pt;">​</td>
<td style="border-bottom: #cceeff 1px solid; width: 6pt; padding: 0pt;">​</td>
<td style="border-bottom: #cceeff 1px solid; width: 0pt; padding: 0pt;">​</td>
<td style="border-bottom: #000000 1px solid; min-width: 3.75pt; text-align: right; padding-bottom: 1.25pt; padding-left: 0pt; padding-right: 0pt; padding-top: 2.25pt;">​</td>
<td style="border-bottom: #000000 1px solid; min-width: 23.25pt; text-align: right; padding-bottom: 1.25pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 2.25pt;">(1,625<font style="position: absolute;">)</font></td>
<td style="border-bottom: #cceeff 1px solid; width: 0pt; padding: 0pt;">​</td>
<td style="border-bottom: #cceeff 1px solid; width: 6pt; padding: 0pt;">​</td>
<td style="border-bottom: #cceeff 1px solid; width: 6pt; padding: 0pt;">​</td>
<td style="border-bottom: #cceeff 1px solid; width: 0pt; padding: 0pt;">​</td>
<td style="border-bottom: #000000 1px solid; min-width: 3.75pt; text-align: right; padding-bottom: 1.25pt; padding-left: 0pt; padding-right: 0pt; padding-top: 2.25pt;">​</td>
<td style="border-bottom: #000000 1px solid; min-width: 24.75pt; text-align: right; padding-bottom: 1.25pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 2.25pt;">67,905</td>
<td style="border-bottom: #cceeff 1px solid; width: 0pt; padding: 0pt;">​</td>
<td style="border-bottom: #cceeff 1px solid; width: 0pt; padding: 0pt;">​</td>
</tr>
<tr style="text-align: right; text-transform: none; font: 10pt/10pt 'times new roman', times, serif; white-space: nowrap; color: #000000; vertical-align: bottom;">
<td style="text-align: left; padding-bottom: 2.75pt; padding-left: 0pt; width: 260.63pt; padding-right: 0pt; padding-top: 2pt;">
<div style="white-space: nowrap;">Total investments available-for-sale</div>
</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="border-bottom: #000000 3px double; min-width: 3.75pt; text-align: right; padding-bottom: 2pt; padding-left: 0pt; padding-right: 0pt; padding-top: 2pt;">$</td>
<td style="border-bottom: #000000 3px double; min-width: 24.75pt; text-align: right; padding-bottom: 2pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 2pt;">802,264</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="padding-bottom: 0pt; padding-left: 1.605pt; width: 0pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="border-bottom: #000000 3px double; min-width: 3.75pt; text-align: right; padding-bottom: 2pt; padding-left: 0pt; padding-right: 0pt; padding-top: 2pt;">$</td>
<td style="border-bottom: #000000 3px double; min-width: 21pt; text-align: right; padding-bottom: 2pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 2pt;">29,243</td>
<td style="padding-bottom: 0pt; padding-left: 1.605pt; width: 0pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="border-bottom: #000000 3px double; min-width: 3.75pt; text-align: right; padding-bottom: 2pt; padding-left: 0pt; padding-right: 0pt; padding-top: 2pt;">$</td>
<td style="border-bottom: #000000 3px double; min-width: 23.25pt; text-align: right; padding-bottom: 2pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 2pt;">(6,639<font style="position: absolute;">)</font></td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="border-bottom: #000000 3px double; min-width: 3.75pt; text-align: right; padding-bottom: 2pt; padding-left: 0pt; padding-right: 0pt; padding-top: 2pt;">$</td>
<td style="border-bottom: #000000 3px double; min-width: 24.75pt; text-align: right; padding-bottom: 2pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 2pt;">824,868</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
</tr>
<tr style="line-height: 5.25pt; height: 5.25pt;">
<td style="line-height: 0pt; font-size: 0pt; padding: 0pt;" colspan="30">​</td>
</tr>
</table>
<table align="center" style="widows: 1; text-transform: none; text-indent: 0px; width: 100%; border-collapse: collapse; font: 13px 'times new roman', times, serif; white-space: normal; letter-spacing: normal; height: 128px; color: #000000; word-spacing: 0px; -webkit-text-stroke-width: 0px;" border="0">
<tr style="text-align: center; text-transform: none; font: bold 8pt/9pt 'times new roman', times, serif; white-space: nowrap; color: #000000; vertical-align: bottom;">
<td style="border-bottom: #ffffff 1px solid; text-align: left; padding-bottom: 0.5pt; padding-left: 0pt; width: 316.59pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="border-bottom: #ffffff 1px solid; width: 6pt; padding: 0pt;">​</td>
<td style="border-bottom: #ffffff 1px solid; width: 6pt; padding: 0pt;">​</td>
<td style="border-bottom: #000000 1px solid; padding-bottom: 0.667pt; padding-left: 0pt; padding-right: 0pt; padding-top: 0pt;" colspan="4">
<div style="text-align: center;">Amortized <br />Cost</div>
</td>
<td style="border-bottom: #ffffff 1px solid; width: 6pt; padding: 0pt;">​</td>
<td style="border-bottom: #ffffff 1px solid; width: 6pt; padding: 0pt;">​</td>
<td style="border-bottom: #000000 1px solid; padding-bottom: 0.667pt; padding-left: 0pt; padding-right: 0pt; padding-top: 0pt;" colspan="4">
<div style="text-align: center;">Fair <br />Value</div>
</td>
<td style="border-bottom: #ffffff 1px solid; width: 0pt; padding: 0pt;">​</td>
</tr>
<tr style="text-align: left; text-transform: none; font: bold italic 8pt/8pt 'times new roman', times, serif; white-space: nowrap; color: #000000; vertical-align: bottom;">
<td style="padding-bottom: 0.5pt; padding-left: 0pt; width: 316.59pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="text-align: center; padding-bottom: 0.5pt; padding-left: 0pt; width: 0pt; padding-right: 0pt; padding-top: 2pt;" colspan="10">
<div style="text-align: center; white-space: nowrap;">(in thousands)</div>
</td>
<td style="width: 0pt; padding: 0pt;">​</td>
</tr>
<tr style="text-align: right; text-transform: none; background-color: #cceeff; font: 10pt/10pt 'times new roman', times, serif; white-space: nowrap; color: #000000; vertical-align: bottom;">
<td style="text-align: left; padding-bottom: 0.5pt; padding-left: 0pt; width: 316.59pt; padding-right: 0pt; padding-top: 2.25pt;">
<div style="white-space: nowrap;">One year or less</div>
</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="min-width: 3.75pt; text-align: right; padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 2.25pt;">$</td>
<td style="min-width: 24.75pt; text-align: right; padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 2.25pt;">86,769</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="min-width: 3.75pt; text-align: right; padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 2.25pt;">$</td>
<td style="min-width: 24.75pt; text-align: right; padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 2.25pt;">87,096</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
</tr>
<tr style="text-align: right; text-transform: none; font: 10pt/10pt 'times new roman', times, serif; white-space: nowrap; color: #000000; vertical-align: bottom;">
<td style="text-align: left; padding-bottom: 0.5pt; padding-left: 0pt; width: 316.59pt; padding-right: 0pt; padding-top: 2.25pt;">
<div style="white-space: nowrap;">After one year through five years</div>
</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="min-width: 3.75pt; text-align: right; padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 2.25pt;">​</td>
<td style="min-width: 24.75pt; text-align: right; padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 2.25pt;">289,078</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="min-width: 3.75pt; text-align: right; padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 2.25pt;">​</td>
<td style="min-width: 24.75pt; text-align: right; padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 2.25pt;">286,135</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
</tr>
<tr style="text-align: right; text-transform: none; background-color: #cceeff; font: 10pt/10pt 'times new roman', times, serif; white-space: nowrap; color: #000000; vertical-align: bottom;">
<td style="text-align: left; padding-bottom: 0.5pt; padding-left: 0pt; width: 316.59pt; padding-right: 0pt; padding-top: 2.25pt;">
<div style="white-space: nowrap;">After five years through ten years</div>
</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="min-width: 3.75pt; text-align: right; padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 2.25pt;">​</td>
<td style="min-width: 24.75pt; text-align: right; padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 2.25pt;">115,835</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="min-width: 3.75pt; text-align: right; padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 2.25pt;">​</td>
<td style="min-width: 24.75pt; text-align: right; padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 2.25pt;">115,459</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
</tr>
<tr style="text-align: right; text-transform: none; font: 10pt/10pt 'times new roman', times, serif; white-space: nowrap; color: #000000; vertical-align: bottom;">
<td style="text-align: left; padding-bottom: 0.5pt; padding-left: 0pt; width: 316.59pt; padding-right: 0pt; padding-top: 2.25pt;">
<div style="white-space: nowrap;">After ten years</div>
</td>
<td style="width: 6pt; padding:
0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="min-width: 3.75pt; text-align: right; padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 2.25pt;">​</td>
<td style="min-width: 24.75pt; text-align: right; padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 2.25pt;">136,199</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="min-width: 3.75pt; text-align: right; padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 2.25pt;">​</td>
<td style="min-width: 24.75pt; text-align: right; padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 2.25pt;">141,353</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
</tr>
<tr style="text-align: right; text-transform: none; background-color: #cceeff; font: 10pt/10pt 'times new roman', times, serif; white-space: nowrap; color: #000000; vertical-align: bottom;">
<td style="text-align: left; padding-bottom: 0.5pt; padding-left: 0pt; width: 316.59pt; padding-right: 0pt; padding-top: 2.25pt;">
<div style="white-space: nowrap;">Residential mortgage-backed</div>
</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="min-width: 3.75pt; text-align: right; padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 2.25pt;">​</td>
<td style="min-width: 24.75pt; text-align: right; padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 2.25pt;">137,308</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="min-width: 3.75pt; text-align: right; padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 2.25pt;">​</td>
<td style="min-width: 24.75pt; text-align: right; padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 2.25pt;">136,887</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
</tr>
<tr style="text-align: right; text-transform: none; font: 10pt/10pt 'times new roman', times, serif; white-space: nowrap; color: #000000; vertical-align: bottom;">
<td style="text-align: left; padding-bottom: 0.5pt; padding-left: 0pt; width: 316.59pt; padding-right: 0pt; padding-top: 2.25pt;">
<div style="white-space: nowrap;">Commercial mortgage and asset-backed</div>
</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="min-width: 3.75pt; text-align: right; padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 2.25pt;">​</td>
<td style="min-width: 24.75pt; text-align: right; padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 2.25pt;">130,231</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="min-width: 3.75pt; text-align: right; padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 2.25pt;">​</td>
<td style="min-width: 24.75pt; text-align: right; padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 2.25pt;">130,696</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
</tr>
<tr style="text-align: right; text-transform: none; background-color: #cceeff; font: 10pt/10pt 'times new roman', times, serif; white-space: nowrap; color: #000000; vertical-align: bottom;">
<td style="border-bottom: #cceeff 1px solid; text-align: left; padding-bottom: 1.25pt; padding-left: 0pt; width: 316.59pt; padding-right: 0pt; padding-top: 2.25pt;">
<div style="white-space: nowrap;">Redeemable preferred stock</div>
</td>
<td style="border-bottom: #cceeff 1px solid; width: 6pt; padding: 0pt;">​</td>
<td style="border-bottom: #cceeff 1px solid; width: 6pt; padding: 0pt;">​</td>
<td style="border-bottom: #cceeff 1px solid; width: 0pt; padding: 0pt;">​</td>
<td style="border-bottom: #000000 1px solid; min-width: 3.75pt; text-align: right; padding-bottom: 1.25pt; padding-left: 0pt; padding-right: 0pt; padding-top: 2.25pt;">​</td>
<td style="border-bottom: #000000 1px solid; min-width: 24.75pt; text-align: right; padding-bottom: 1.25pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 2.25pt;">2,025</td>
<td style="border-bottom: #cceeff 1px solid; width: 0pt; padding: 0pt;">​</td>
<td style="border-bottom: #cceeff 1px solid; width: 6pt; padding: 0pt;">​</td>
<td style="border-bottom: #cceeff 1px solid; width: 6pt; padding: 0pt;">​</td>
<td style="border-bottom: #cceeff 1px solid; width: 0pt; padding: 0pt;">​</td>
<td style="border-bottom: #000000 1px solid; min-width: 3.75pt; text-align: right; padding-bottom: 1.25pt; padding-left: 0pt; padding-right: 0pt; padding-top: 2.25pt;">​</td>
<td style="border-bottom: #000000 1px solid; min-width: 24.75pt; text-align: right; padding-bottom: 1.25pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 2.25pt;">2,034</td>
<td style="border-bottom: #cceeff 1px solid; width: 0pt; padding: 0pt;">​</td>
<td style="border-bottom: #cceeff 1px solid; width: 0pt; padding: 0pt;">​</td>
</tr>
<tr style="text-align: right; text-transform: none; font: 10pt/10pt 'times new roman', times, serif; white-space: nowrap; color: #000000; vertical-align: bottom;">
<td style="text-align: left; padding-bottom: 2.75pt; padding-left: 0pt; width: 316.59pt; padding-right: 0pt; padding-top: 2pt;">
<div style="white-space: nowrap;">Total</div>
</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="border-bottom: #000000 3px double; min-width: 3.75pt; text-align: right; padding-bottom: 2pt; padding-left: 0pt; padding-right: 0pt; padding-top: 2pt;">$</td>
<td style="border-bottom: #000000 3px double; min-width: 24.75pt; text-align: right; padding-bottom: 2pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 2pt;">897,445</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding:
0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="border-bottom: #000000 3px double; min-width: 3.75pt; text-align: right; padding-bottom: 2pt; padding-left: 0pt; padding-right: 0pt; padding-top: 2pt;">$</td>
<td style="border-bottom: #000000 3px double; min-width: 24.75pt; text-align: right; padding-bottom: 2pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 2pt;">899,660</td>
</tr>
</table>
<table align="center" style="widows: 1; text-transform: none; text-indent: 0px; width: 100%; border-collapse: collapse; font: 13px 'times new roman', times, serif; white-space: normal; letter-spacing: normal; height: 480px; color: #000000; word-spacing: 0px; -webkit-text-stroke-width: 0px;" border="0">
<tr style="text-align: center; text-transform: none; font: bold 8pt/8pt 'times new roman', times, serif; white-space: nowrap; color: #000000; vertical-align: bottom;">
<td style="border-bottom: #ffffff 1px solid; text-align: left; padding-bottom: 0.5pt; padding-left: 0pt; width: 180.99pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="border-bottom: #ffffff 1px solid; width: 4.5pt; padding: 0pt;">​</td>
<td style="border-bottom: #ffffff 1px solid; width: 4.5pt; padding: 0pt;">​</td>
<td style="border-bottom: #000000 1px solid; padding-bottom: 2.5pt; padding-left: 0pt; width: 0pt; padding-right: 0pt; padding-top: 0pt;" colspan="10">
<div style="text-align: center; white-space: nowrap;">Less Than 12 Months</div>
</td>
<td style="border-bottom: #ffffff 1px solid; width: 4.5pt; padding: 0pt;">​</td>
<td style="border-bottom: #ffffff 1px solid; width: 4.5pt; padding: 0pt;">​</td>
<td style="border-bottom: #000000 1px solid; padding-bottom: 2.5pt; padding-left: 0pt; width: 0pt; padding-right: 0pt; padding-top: 0pt;" colspan="10">
<div style="text-align: center; white-space: nowrap;">12 Months or More</div>
</td>
<td style="border-bottom: #ffffff 1px solid; width: 4.5pt; padding: 0pt;">​</td>
<td style="border-bottom: #ffffff 1px solid; width: 4.5pt; padding: 0pt;">​</td>
<td style="border-bottom: #000000 1px solid; padding-bottom: 2.5pt; padding-left: 0pt; width: 0pt; padding-right: 0pt; padding-top: 0pt;" colspan="10">
<div style="text-align: center; white-space: nowrap;">Total</div>
</td>
<td style="border-bottom: #ffffff 1px solid; width: 0pt; padding: 0pt;">​</td>
</tr>
<tr style="text-align: center; text-transform: none; font: bold 8pt/9pt 'times new roman', times, serif; white-space: nowrap; color: #000000; vertical-align: bottom;">
<td style="border-bottom: #ffffff 1px solid; text-align: left; padding-bottom: 0.5pt; padding-left: 0pt; width: 180.99pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="border-bottom: #ffffff 1px solid; width: 4.5pt; padding: 0pt;">​</td>
<td style="border-bottom: #ffffff 1px solid; width: 4.5pt; padding: 0pt;">​</td>
<td style="border-bottom: #000000 1px solid; padding-bottom: 2.167pt; padding-left: 0pt; padding-right: 0pt; padding-top: 2.583pt;" colspan="4">
<div style="text-align: center;">Fair <br />Value</div>
</td>
<td style="border-bottom: #ffffff 1px solid; width: 4.5pt; padding: 0pt;">​</td>
<td style="border-bottom: #ffffff 1px solid; width: 4.5pt; padding: 0pt;">​</td>
<td style="border-bottom: #000000 1px solid; padding-bottom: 2.167pt; padding-left: 0pt; padding-right: 0pt; padding-top: 2.583pt;" colspan="4">
<div style="text-align: center;">Gross <br />Unrealized <br />Losses</div>
</td>
<td style="border-bottom: #ffffff 1px solid; width: 4.5pt; padding: 0pt;">​</td>
<td style="border-bottom: #ffffff 1px solid; width: 4.5pt; padding: 0pt;">​</td>
<td style="border-bottom: #000000 1px solid; padding-bottom: 2.167pt; padding-left: 0pt; padding-right: 0pt; padding-top: 2.583pt;" colspan="4">
<div style="text-align: center;">Fair <br />Value</div>
</td>
<td style="border-bottom: #ffffff 1px solid; width: 4.5pt; padding: 0pt;">​</td>
<td style="border-bottom: #ffffff 1px solid; width: 4.5pt; padding: 0pt;">​</td>
<td style="border-bottom: #000000 1px solid; padding-bottom: 2.167pt; padding-left: 0pt; padding-right: 0pt; padding-top: 2.583pt;" colspan="4">
<div style="text-align: center;">Gross <br />Unrealized <br />Losses</div>
</td>
<td style="border-bottom: #ffffff 1px solid; width: 4.5pt; padding: 0pt;">​</td>
<td style="border-bottom: #ffffff 1px solid; width: 4.5pt; padding: 0pt;">​</td>
<td style="border-bottom: #000000 1px solid; padding-bottom: 2.167pt; padding-left: 0pt; padding-right: 0pt; padding-top: 2.583pt;" colspan="4">
<div style="text-align: center;">Fair <br />Value</div>
</td>
<td style="border-bottom: #ffffff 1px solid; width: 4.5pt; padding: 0pt;">​</td>
<td style="border-bottom: #ffffff 1px solid; width: 4.5pt; padding: 0pt;">​</td>
<td style="border-bottom: #000000 1px solid; padding-bottom: 2.167pt; padding-left: 0pt; padding-right: 0pt; padding-top: 2.583pt;" colspan="4">
<div style="text-align: center;">Gross <br />Unrealized <br />Losses</div>
</td>
<td style="border-bottom: #ffffff 1px solid; width: 0pt; padding: 0pt;">​</td>
</tr>
<tr style="text-align: left; text-transform: none; font: bold italic 8pt/8pt 'times new roman', times, serif; white-space: nowrap; color: #000000; vertical-align: bottom;">
<td style="padding-bottom: 0.5pt; padding-left: 0pt; width: 180.99pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="width: 4.5pt; padding: 0pt;">​</td>
<td style="width: 4.5pt; padding: 0pt;">​</td>
<td style="text-align: center; padding-bottom: 0.5pt; padding-left: 0pt; width: 0pt; padding-right: 0pt; padding-top: 3.25pt;" colspan="34">
<div style="text-align: center; white-space: nowrap;">(in thousands)</div>
</td>
<td style="width: 0pt; padding: 0pt;">​</td>
</tr>
<tr style="text-align: left; text-transform: none; background-color: #cceeff; font: bold 10pt/10pt 'times new roman', times, serif; white-space: nowrap; color: #000000; vertical-align: bottom;">
<td style="padding-bottom: 1.5pt; padding-left: 0pt; width: 180.99pt; padding-right: 0pt; padding-top: 3.5pt;">December 31, 2015</td>
<td style="width: 4.5pt; padding: 0pt;">​</td>
<td colspan="6">​</td>
<td colspan="6">​</td>
<td colspan="6">​</td>
<td colspan="6">​</td>
<td colspan="6">​</td>
<td colspan="6">​</td>
</tr>
<tr style="text-align: left; text-transform: none; font: 10pt/10pt 'times new roman', times, serif; white-space: nowrap; color: #000000; vertical-align: bottom;">
<td style="padding-bottom: 1.5pt; padding-left: 0pt; width: 180.99pt; padding-right: 0pt; padding-top: 3.5pt;">Fixed maturity securities:</td>
<td style="width: 4.5pt; padding: 0pt;">​</td>
<td colspan="6">​</td>
<td colspan="6">​</td>
<td colspan="6">​</td>
<td colspan="6">​</td>
<td colspan="6">​</td>
<td colspan="6">​</td>
</tr>
<tr style="text-align: right; text-transform: none; background-color: #cceeff; font: 10pt/10pt 'times new roman', times, serif; white-space: nowrap; color: #000000; vertical-align: bottom;">
<td style="text-align: left; padding-bottom: 1.5pt; padding-left: 0pt; width: 180.99pt; padding-right: 0pt; padding-top: 3.5pt;">
<div style="margin-left: 10pt;">State and municipal</div>
</td>
<td style="width: 4.5pt; padding:
0pt;">​</td>
<td style="width: 4.5pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="min-width: 3.75pt; text-align: right; padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.5pt;">$</td>
<td style="min-width: 24.75pt; text-align: right; padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3.5pt;">9,492</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="width: 4.5pt; padding: 0pt;">​</td>
<td style="width: 4.5pt; padding: 0pt;">​</td>
<td style="padding-bottom: 0pt; padding-left: 2.44pt; width: 0pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="min-width: 3.75pt; text-align: right; padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.5pt;">$</td>
<td style="min-width: 19.5pt; text-align: right; padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3.5pt;">(135<font style="position: absolute;">)</font></td>
<td style="padding-bottom: 0pt; padding-left: 2.44pt; width: 0pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="width: 4.5pt; padding: 0pt;">​</td>
<td style="width: 4.5pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="min-width: 3.75pt; text-align: right; padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.5pt;">$</td>
<td style="min-width: 24.75pt; text-align: right; padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3.5pt;">—</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="width: 4.5pt; padding: 0pt;">​</td>
<td style="width: 4.5pt; padding: 0pt;">​</td>
<td style="padding-bottom: 0pt; padding-left: 2.44pt; width: 0pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="min-width: 3.75pt; text-align: right; padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.5pt;">$</td>
<td style="min-width: 19.5pt; text-align: right; padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3.5pt;">—</td>
<td style="padding-bottom: 0pt; padding-left: 2.44pt; width: 0pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="width: 4.5pt; padding: 0pt;">​</td>
<td style="width: 4.5pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="min-width: 3.75pt; text-align: right; padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.5pt;">$</td>
<td style="min-width: 24.75pt; text-align: right; padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3.5pt;">9,492</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="width: 4.5pt; padding: 0pt;">​</td>
<td style="width: 4.5pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="min-width: 3.75pt; text-align: right; padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.5pt;">$</td>
<td style="min-width: 23.25pt; text-align: right; padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3.5pt;">(135<font style="position: absolute;">)</font></td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
</tr>
<tr style="text-align: right; text-transform: none; font: 10pt/10pt 'times new roman', times, serif; white-space: nowrap; color: #000000; vertical-align: bottom;">
<td style="text-align: left; padding-bottom: 1.5pt; padding-left: 0pt; width: 180.99pt; padding-right: 0pt; padding-top: 3.5pt;">
<div style="margin-left: 10pt;">Residential mortgage-backed</div>
</td>
<td style="width: 4.5pt; padding: 0pt;">​</td>
<td style="width: 4.5pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="min-width: 3.75pt; text-align: right; padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.5pt;">​</td>
<td style="min-width: 24.75pt; text-align: right; padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3.5pt;">39,895</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="width: 4.5pt; padding: 0pt;">​</td>
<td style="width: 4.5pt; padding: 0pt;">​</td>
<td style="padding-bottom: 0pt; padding-left: 2.44pt; width: 0pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="min-width: 3.75pt; text-align: right; padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.5pt;">​</td>
<td style="min-width: 19.5pt; text-align: right; padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3.5pt;">(465<font style="position: absolute;">)</font></td>
<td style="padding-bottom: 0pt; padding-left: 2.44pt; width: 0pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="width: 4.5pt; padding: 0pt;">​</td>
<td style="width: 4.5pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="min-width: 3.75pt; text-align: right; padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.5pt;">​</td>
<td style="min-width: 24.75pt; text-align: right; padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3.5pt;">40,656</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="width: 4.5pt; padding: 0pt;">​</td>
<td style="width: 4.5pt; padding: 0pt;">​</td>
<td style="padding-bottom: 0pt; padding-left: 2.44pt; width: 0pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="min-width: 3.75pt; text-align: right; padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.5pt;">​</td>
<td style="min-width: 19.5pt; text-align: right; padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3.5pt;">(1,674<font style="position: absolute;">)</font></td>
<td style="padding-bottom: 0pt; padding-left: 2.44pt; width: 0pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="width: 4.5pt; padding: 0pt;">​</td>
<td style="width: 4.5pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="min-width: 3.75pt; text-align: right; padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.5pt;">​</td>
<td style="min-width: 24.75pt; text-align: right; padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3.5pt;">80,551</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="width: 4.5pt; padding: 0pt;">​</td>
<td style="width: 4.5pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="min-width: 3.75pt; text-align: right; padding-bottom: 1.5pt; padding-left:
0pt; padding-right: 0pt; padding-top: 3.5pt;">​</td>
<td style="min-width: 23.25pt; text-align: right; padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3.5pt;">(2,139<font style="position: absolute;">)</font></td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
</tr>
<tr style="text-align: right; text-transform: none; background-color: #cceeff; font: 10pt/10pt 'times new roman', times, serif; white-space: nowrap; color: #000000; vertical-align: bottom;">
<td style="text-align: left; padding-bottom: 1.5pt; padding-left: 0pt; width: 180.99pt; padding-right: 0pt; padding-top: 3.5pt;">
<div style="margin-left: 10pt;">Corporate</div>
</td>
<td style="width: 4.5pt; padding: 0pt;">​</td>
<td style="width: 4.5pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="min-width: 3.75pt; text-align: right; padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.5pt;">​</td>
<td style="min-width: 24.75pt; text-align: right; padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3.5pt;">177,149</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="width: 4.5pt; padding: 0pt;">​</td>
<td style="width: 4.5pt; padding: 0pt;">​</td>
<td style="padding-bottom: 0pt; padding-left: 2.44pt; width: 0pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="min-width: 3.75pt; text-align: right; padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.5pt;">​</td>
<td style="min-width: 19.5pt; text-align: right; padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3.5pt;">(5,281<font style="position: absolute;">)</font></td>
<td style="padding-bottom: 0pt; padding-left: 2.44pt; width: 0pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="width: 4.5pt; padding: 0pt;">​</td>
<td style="width: 4.5pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="min-width: 3.75pt; text-align: right; padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.5pt;">​</td>
<td style="min-width: 24.75pt; text-align: right; padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3.5pt;">6,433</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="width: 4.5pt; padding: 0pt;">​</td>
<td style="width: 4.5pt; padding: 0pt;">​</td>
<td style="padding-bottom: 0pt; padding-left: 2.44pt; width: 0pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="min-width: 3.75pt; text-align: right; padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.5pt;">​</td>
<td style="min-width: 19.5pt; text-align: right; padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3.5pt;">(4,500<font style="position: absolute;">)</font></td>
<td style="padding-bottom: 0pt; padding-left: 2.44pt; width: 0pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="width: 4.5pt; padding: 0pt;">​</td>
<td style="width: 4.5pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="min-width: 3.75pt; text-align: right; padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.5pt;">​</td>
<td style="min-width: 24.75pt; text-align: right; padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3.5pt;">183,582</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="width: 4.5pt; padding: 0pt;">​</td>
<td style="width: 4.5pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="min-width: 3.75pt; text-align: right; padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.5pt;">​</td>
<td style="min-width: 23.25pt; text-align: right; padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3.5pt;">(9,781<font style="position: absolute;">)</font></td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
</tr>
<tr style="text-align: right; text-transform: none; font: 10pt/12pt 'times new roman', times, serif; white-space: nowrap; color: #000000; vertical-align: bottom;">
<td style="text-align: left; padding-bottom: 0.833pt; padding-left: 0pt; width: 180.99pt; padding-right: 0pt; white-space: normal; padding-top: 2.167pt;">
<div style="text-indent: -10pt; margin-left: 20pt;">Commercial mortgage and <br />asset-backed</div>
</td>
<td style="width: 4.5pt; padding: 0pt;">​</td>
<td style="width: 4.5pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="min-width: 3.75pt; text-align: right; padding-bottom: 0.833pt; padding-left: 0pt; padding-right: 0pt; padding-top: 2.167pt;">​</td>
<td style="min-width: 24.75pt; text-align: right; padding-bottom: 0.833pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 2.167pt;">74,518</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="width: 4.5pt; padding: 0pt;">​</td>
<td style="width: 4.5pt; padding: 0pt;">​</td>
<td style="padding-bottom: 0pt; padding-left: 2.44pt; width: 0pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="min-width: 3.75pt; text-align: right; padding-bottom: 0.833pt; padding-left: 0pt; padding-right: 0pt; padding-top: 2.167pt;">​</td>
<td style="min-width: 19.5pt; text-align: right; padding-bottom: 0.833pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 2.167pt;">(339<font style="position: absolute;">)</font></td>
<td style="padding-bottom: 0pt; padding-left: 2.44pt; width: 0pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="width: 4.5pt; padding: 0pt;">​</td>
<td style="width: 4.5pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="min-width: 3.75pt; text-align: right; padding-bottom: 0.833pt; padding-left: 0pt; padding-right: 0pt; padding-top: 2.167pt;">​</td>
<td style="min-width: 24.75pt; text-align: right; padding-bottom: 0.833pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 2.167pt;">11,437</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="width: 4.5pt; padding: 0pt;">​</td>
<td style="width: 4.5pt; padding: 0pt;">​</td>
<td style="padding-bottom: 0pt; padding-left: 2.44pt; width: 0pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="min-width: 3.75pt; text-align: right; padding-bottom: 0.833pt; padding-left: 0pt; padding-right: 0pt; padding-top: 2.167pt;">​</td>
<td style="min-width: 19.5pt; text-align: right; padding-bottom: 0.833pt; padding-left: 0pt; padding-right: 0pt; white-space:
nowrap; padding-top: 2.167pt;">(86<font style="position: absolute;">)</font></td>
<td style="padding-bottom: 0pt; padding-left: 2.44pt; width: 0pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="width: 4.5pt; padding: 0pt;">​</td>
<td style="width: 4.5pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="min-width: 3.75pt; text-align: right; padding-bottom: 0.833pt; padding-left: 0pt; padding-right: 0pt; padding-top: 2.167pt;">​</td>
<td style="min-width: 24.75pt; text-align: right; padding-bottom: 0.833pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 2.167pt;">85,955</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="width: 4.5pt; padding: 0pt;">​</td>
<td style="width: 4.5pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="min-width: 3.75pt; text-align: right; padding-bottom: 0.833pt; padding-left: 0pt; padding-right: 0pt; padding-top: 2.167pt;">​</td>
<td style="min-width: 23.25pt; text-align: right; padding-bottom: 0.833pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 2.167pt;">(425<font style="position: absolute;">)</font></td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
</tr>
<tr style="text-align: right; text-transform: none; background-color: #cceeff; font: 10pt/12pt 'times new roman', times, serif; white-space: nowrap; color: #000000; vertical-align: bottom;">
<td style="text-align: left; padding-bottom: 0.833pt; padding-left: 0pt; width: 180.99pt; padding-right: 0pt; white-space: normal; padding-top: 2.167pt;">
<div style="text-indent: -10pt; margin-left: 10pt;">Obligations of U.S. government corporations and agencies</div>
</td>
<td style="width: 4.5pt; padding: 0pt;">​</td>
<td style="width: 4.5pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="min-width: 3.75pt; text-align: right; padding-bottom: 0.833pt; padding-left: 0pt; padding-right: 0pt; padding-top: 2.167pt;">​</td>
<td style="min-width: 24.75pt; text-align: right; padding-bottom: 0.833pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 2.167pt;">43,907</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="width: 4.5pt; padding: 0pt;">​</td>
<td style="width: 4.5pt; padding: 0pt;">​</td>
<td style="padding-bottom: 0pt; padding-left: 2.44pt; width: 0pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="min-width: 3.75pt; text-align: right; padding-bottom: 0.833pt; padding-left: 0pt; padding-right: 0pt; padding-top: 2.167pt;">​</td>
<td style="min-width: 19.5pt; text-align: right; padding-bottom: 0.833pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 2.167pt;">(231<font style="position: absolute;">)</font></td>
<td style="padding-bottom: 0pt; padding-left: 2.44pt; width: 0pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="width: 4.5pt; padding: 0pt;">​</td>
<td style="width: 4.5pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="min-width: 3.75pt; text-align: right; padding-bottom: 0.833pt; padding-left: 0pt; padding-right: 0pt; padding-top: 2.167pt;">​</td>
<td style="min-width: 24.75pt; text-align: right; padding-bottom: 0.833pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 2.167pt;">4,012</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="width: 4.5pt; padding: 0pt;">​</td>
<td style="width: 4.5pt; padding: 0pt;">​</td>
<td style="padding-bottom: 0pt; padding-left: 2.44pt; width: 0pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="min-width: 3.75pt; text-align: right; padding-bottom: 0.833pt; padding-left: 0pt; padding-right: 0pt; padding-top: 2.167pt;">​</td>
<td style="min-width: 19.5pt; text-align: right; padding-bottom: 0.833pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 2.167pt;">(38<font style="position: absolute;">)</font></td>
<td style="padding-bottom: 0pt; padding-left: 2.44pt; width: 0pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="width: 4.5pt; padding: 0pt;">​</td>
<td style="width: 4.5pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="min-width: 3.75pt; text-align: right; padding-bottom: 0.833pt; padding-left: 0pt; padding-right: 0pt; padding-top: 2.167pt;">​</td>
<td style="min-width: 24.75pt; text-align: right; padding-bottom: 0.833pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 2.167pt;">47,919</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="width: 4.5pt; padding: 0pt;">​</td>
<td style="width: 4.5pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="min-width: 3.75pt; text-align: right; padding-bottom: 0.833pt; padding-left: 0pt; padding-right: 0pt; padding-top: 2.167pt;">​</td>
<td style="min-width: 23.25pt; text-align: right; padding-bottom: 0.833pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 2.167pt;">(269<font style="position: absolute;">)</font></td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
</tr>
<tr style="text-align: right; text-transform: none; font: 10pt/12pt 'times new roman', times, serif; white-space: nowrap; color: #000000; vertical-align: bottom;">
<td style="border-bottom: #ffffff 1px solid; text-align: left; padding-bottom: 1.833pt; padding-left: 0pt; width: 180.99pt; padding-right: 0pt; white-space: normal; padding-top: 2.167pt;">
<div style="text-indent: -10pt; margin-left: 10pt;">U.S. Treasury securities and obligations guaranteed by the U.S. government</div>
</td>
<td style="border-bottom: #ffffff 1px solid; width: 4.5pt; padding: 0pt;">​</td>
<td style="border-bottom: #ffffff 1px solid; width: 4.5pt; padding: 0pt;">​</td>
<td style="border-bottom: #ffffff 1px solid; width: 0pt; padding: 0pt;">​</td>
<td style="border-bottom: #000000 1px solid; min-width: 3.75pt; text-align: right; padding-bottom: 1.833pt; padding-left: 0pt; padding-right: 0pt; padding-top: 2.167pt;">​</td>
<td style="border-bottom: #000000 1px solid; min-width: 24.75pt; text-align: right; padding-bottom: 1.833pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 2.167pt;">49,452</td>
<td style="border-bottom: #ffffff 1px solid; width: 0pt; padding: 0pt;">​</td>
<td style="border-bottom: #ffffff 1px solid; width: 4.5pt; padding: 0pt;">​</td>
<td style="border-bottom: #ffffff 1px solid; width: 4.5pt; padding: 0pt;">​</td>
<td style="border-bottom: #ffffff 1px solid; padding-bottom: 0pt; padding-left: 2.44pt; width: 0pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="border-bottom:
#000000 1px solid; min-width: 3.75pt; text-align: right; padding-bottom: 1.833pt; padding-left: 0pt; padding-right: 0pt; padding-top: 2.167pt;">​</td>
<td style="border-bottom: #000000 1px solid; min-width: 19.5pt; text-align: right; padding-bottom: 1.833pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 2.167pt;">(213<font style="position: absolute;">)</font></td>
<td style="border-bottom: #ffffff 1px solid; padding-bottom: 0pt; padding-left: 2.44pt; width: 0pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="border-bottom: #ffffff 1px solid; width: 4.5pt; padding: 0pt;">​</td>
<td style="border-bottom: #ffffff 1px solid; width: 4.5pt; padding: 0pt;">​</td>
<td style="border-bottom: #ffffff 1px solid; width: 0pt; padding: 0pt;">​</td>
<td style="border-bottom: #000000 1px solid; min-width: 3.75pt; text-align: right; padding-bottom: 1.833pt; padding-left: 0pt; padding-right: 0pt; padding-top: 2.167pt;">​</td>
<td style="border-bottom: #000000 1px solid; min-width: 24.75pt; text-align: right; padding-bottom: 1.833pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 2.167pt;">2,186</td>
<td style="border-bottom: #ffffff 1px solid; width: 0pt; padding: 0pt;">​</td>
<td style="border-bottom: #ffffff 1px solid; width: 4.5pt; padding: 0pt;">​</td>
<td style="border-bottom: #ffffff 1px solid; width: 4.5pt; padding: 0pt;">​</td>
<td style="border-bottom: #ffffff 1px solid; padding-bottom: 0pt; padding-left: 2.44pt; width: 0pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="border-bottom: #000000 1px solid; min-width: 3.75pt; text-align: right; padding-bottom: 1.833pt; padding-left: 0pt; padding-right: 0pt; padding-top: 2.167pt;">​</td>
<td style="border-bottom: #000000 1px solid; min-width: 19.5pt; text-align: right; padding-bottom: 1.833pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 2.167pt;">(19<font style="position: absolute;">)</font></td>
<td style="border-bottom: #ffffff 1px solid; padding-bottom: 0pt; padding-left: 2.44pt; width: 0pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="border-bottom: #ffffff 1px solid; width: 4.5pt; padding: 0pt;">​</td>
<td style="border-bottom: #ffffff 1px solid; width: 4.5pt; padding: 0pt;">​</td>
<td style="border-bottom: #ffffff 1px solid; width: 0pt; padding: 0pt;">​</td>
<td style="border-bottom: #000000 1px solid; min-width: 3.75pt; text-align: right; padding-bottom: 1.833pt; padding-left: 0pt; padding-right: 0pt; padding-top: 2.167pt;">​</td>
<td style="border-bottom: #000000 1px solid; min-width: 24.75pt; text-align: right; padding-bottom: 1.833pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 2.167pt;">51,638</td>
<td style="border-bottom: #ffffff 1px solid; width: 0pt; padding: 0pt;">​</td>
<td style="border-bottom: #ffffff 1px solid; width: 4.5pt; padding: 0pt;">​</td>
<td style="border-bottom: #ffffff 1px solid; width: 4.5pt; padding: 0pt;">​</td>
<td style="border-bottom: #ffffff 1px solid; width: 0pt; padding: 0pt;">​</td>
<td style="border-bottom: #000000 1px solid; min-width: 3.75pt; text-align: right; padding-bottom: 1.833pt; padding-left: 0pt; padding-right: 0pt; padding-top: 2.167pt;">​</td>
<td style="border-bottom: #000000 1px solid; min-width: 23.25pt; text-align: right; padding-bottom: 1.833pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 2.167pt;">(232<font style="position: absolute;">)</font></td>
<td style="border-bottom: #ffffff 1px solid; width: 0pt; padding: 0pt;">​</td>
<td style="border-bottom: #ffffff 1px solid; width: 0pt; padding: 0pt;">​</td>
</tr>
<tr style="text-align: right; text-transform: none; background-color: #cceeff; font: 10pt/10pt 'times new roman', times, serif; white-space: nowrap; color: #000000; vertical-align: bottom;">
<td style="text-align: left; padding-bottom: 1.5pt; padding-left: 0pt; width: 180.99pt; padding-right: 0pt; padding-top: 3.25pt;">
<div style="white-space: nowrap;">Total fixed maturity securities</div>
</td>
<td style="width: 4.5pt; padding: 0pt;">​</td>
<td style="width: 4.5pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="min-width: 3.75pt; text-align: right; padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.25pt;">​</td>
<td style="min-width: 24.75pt; text-align: right; padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3.25pt;">394,413</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="width: 4.5pt; padding: 0pt;">​</td>
<td style="width: 4.5pt; padding: 0pt;">​</td>
<td style="padding-bottom: 0pt; padding-left: 2.44pt; width: 0pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="min-width: 3.75pt; text-align: right; padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.25pt;">​</td>
<td style="min-width: 19.5pt; text-align: right; padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3.25pt;">(6,664<font style="position: absolute;">)</font></td>
<td style="padding-bottom: 0pt; padding-left: 2.44pt; width: 0pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="width: 4.5pt; padding: 0pt;">​</td>
<td style="width: 4.5pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="min-width: 3.75pt; text-align: right; padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.25pt;">​</td>
<td style="min-width: 24.75pt; text-align: right; padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3.25pt;">64,724</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="width: 4.5pt; padding: 0pt;">​</td>
<td style="width: 4.5pt; padding: 0pt;">​</td>
<td style="padding-bottom: 0pt; padding-left: 2.44pt; width: 0pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="min-width: 3.75pt; text-align: right; padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.25pt;">​</td>
<td style="min-width: 19.5pt; text-align: right; padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3.25pt;">(6,317<font style="position: absolute;">)</font></td>
<td style="padding-bottom: 0pt; padding-left: 2.44pt; width: 0pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="width: 4.5pt; padding: 0pt;">​</td>
<td style="width: 4.5pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="min-width: 3.75pt; text-align: right; padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.25pt;">​</td>
<td style="min-width: 24.75pt; text-align: right; padding-bottom: 1.5pt;
padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3.25pt;">459,137</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="width: 4.5pt; padding: 0pt;">​</td>
<td style="width: 4.5pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="min-width: 3.75pt; text-align: right; padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.25pt;">​</td>
<td style="min-width: 23.25pt; text-align: right; padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3.25pt;">(12,981<font style="position: absolute;">)</font></td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
</tr>
<tr style="text-align: right; text-transform: none; font: 10pt/10pt 'times new roman', times, serif; white-space: nowrap; color: #000000; vertical-align: bottom;">
<td style="border-bottom: #ffffff 1px solid; text-align: left; padding-bottom: 2.5pt; padding-left: 0pt; width: 180.99pt; padding-right: 0pt; padding-top: 3.5pt;">
<div style="white-space: nowrap;">Equity securities</div>
</td>
<td style="border-bottom: #ffffff 1px solid; width: 4.5pt; padding: 0pt;">​</td>
<td style="border-bottom: #ffffff 1px solid; width: 4.5pt; padding: 0pt;">​</td>
<td style="border-bottom: #ffffff 1px solid; width: 0pt; padding: 0pt;">​</td>
<td style="border-bottom: #000000 1px solid; min-width: 3.75pt; text-align: right; padding-bottom: 2.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.5pt;">​</td>
<td style="border-bottom: #000000 1px solid; min-width: 24.75pt; text-align: right; padding-bottom: 2.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3.5pt;">4,196</td>
<td style="border-bottom: #ffffff 1px solid; width: 0pt; padding: 0pt;">​</td>
<td style="border-bottom: #ffffff 1px solid; width: 4.5pt; padding: 0pt;">​</td>
<td style="border-bottom: #ffffff 1px solid; width: 4.5pt; padding: 0pt;">​</td>
<td style="border-bottom: #ffffff 1px solid; padding-bottom: 0pt; padding-left: 2.44pt; width: 0pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="border-bottom: #000000 1px solid; min-width: 3.75pt; text-align: right; padding-bottom: 2.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.5pt;">​</td>
<td style="border-bottom: #000000 1px solid; min-width: 19.5pt; text-align: right; padding-bottom: 2.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3.5pt;">(172<font style="position: absolute;">)</font></td>
<td style="border-bottom: #ffffff 1px solid; padding-bottom: 0pt; padding-left: 2.44pt; width: 0pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="border-bottom: #ffffff 1px solid; width: 4.5pt; padding: 0pt;">​</td>
<td style="border-bottom: #ffffff 1px solid; width: 4.5pt; padding: 0pt;">​</td>
<td style="border-bottom: #ffffff 1px solid; width: 0pt; padding: 0pt;">​</td>
<td style="border-bottom: #000000 1px solid; min-width: 3.75pt; text-align: right; padding-bottom: 2.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.5pt;">​</td>
<td style="border-bottom: #000000 1px solid; min-width: 24.75pt; text-align: right; padding-bottom: 2.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3.5pt;">5,704</td>
<td style="border-bottom: #ffffff 1px solid; width: 0pt; padding: 0pt;">​</td>
<td style="border-bottom: #ffffff 1px solid; width: 4.5pt; padding: 0pt;">​</td>
<td style="border-bottom: #ffffff 1px solid; width: 4.5pt; padding: 0pt;">​</td>
<td style="border-bottom: #ffffff 1px solid; padding-bottom: 0pt; padding-left: 2.44pt; width: 0pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="border-bottom: #000000 1px solid; min-width: 3.75pt; text-align: right; padding-bottom: 2.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.5pt;">​</td>
<td style="border-bottom: #000000 1px solid; min-width: 19.5pt; text-align: right; padding-bottom: 2.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3.5pt;">(1,059<font style="position: absolute;">)</font></td>
<td style="border-bottom: #ffffff 1px solid; padding-bottom: 0pt; padding-left: 2.44pt; width: 0pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="border-bottom: #ffffff 1px solid; width: 4.5pt; padding: 0pt;">​</td>
<td style="border-bottom: #ffffff 1px solid; width: 4.5pt; padding: 0pt;">​</td>
<td style="border-bottom: #ffffff 1px solid; width: 0pt; padding: 0pt;">​</td>
<td style="border-bottom: #000000 1px solid; min-width: 3.75pt; text-align: right; padding-bottom: 2.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.5pt;">​</td>
<td style="border-bottom: #000000 1px solid; min-width: 24.75pt; text-align: right; padding-bottom: 2.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3.5pt;">9,900</td>
<td style="border-bottom: #ffffff 1px solid; width: 0pt; padding: 0pt;">​</td>
<td style="border-bottom: #ffffff 1px solid; width: 4.5pt; padding: 0pt;">​</td>
<td style="border-bottom: #ffffff 1px solid; width: 4.5pt; padding: 0pt;">​</td>
<td style="border-bottom: #ffffff 1px solid; width: 0pt; padding: 0pt;">​</td>
<td style="border-bottom: #000000 1px solid; min-width: 3.75pt; text-align: right; padding-bottom: 2.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.5pt;">​</td>
<td style="border-bottom: #000000 1px solid; min-width: 23.25pt; text-align: right; padding-bottom: 2.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3.5pt;">(1,231<font style="position: absolute;">)</font></td>
<td style="border-bottom: #ffffff 1px solid; width: 0pt; padding: 0pt;">​</td>
<td style="border-bottom: #ffffff 1px solid; width: 0pt; padding: 0pt;">​</td>
</tr>
<tr style="text-align: right; text-transform: none; background-color: #cceeff; font: 10pt/10pt 'times new roman', times, serif; white-space: nowrap; color: #000000; vertical-align: bottom;">
<td style="text-align: left; padding-bottom: 3.25pt; padding-left: 0pt; width: 180.99pt; padding-right: 0pt; padding-top: 3.25pt;">
<div style="white-space: nowrap;">Total investments available-for-sale</div>
</td>
<td style="width: 4.5pt; padding: 0pt;">​</td>
<td style="width: 4.5pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="border-bottom: #000000 3px double; min-width: 3.75pt; text-align: right; padding-bottom: 2.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.25pt;">$</td>
<td style="border-bottom: #000000 3px double; min-width: 24.75pt; text-align: right; padding-bottom: 2.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3.25pt;">398,609</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="width: 4.5pt;
padding: 0pt;">​</td>
<td style="width: 4.5pt; padding: 0pt;">​</td>
<td style="padding-bottom: 0pt; padding-left: 2.44pt; width: 0pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="border-bottom: #000000 3px double; min-width: 3.75pt; text-align: right; padding-bottom: 2.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.25pt;">$</td>
<td style="border-bottom: #000000 3px double; min-width: 19.5pt; text-align: right; padding-bottom: 2.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3.25pt;">(6,836<font style="position: absolute;">)</font></td>
<td style="padding-bottom: 0pt; padding-left: 2.44pt; width: 0pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="width: 4.5pt; padding: 0pt;">​</td>
<td style="width: 4.5pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="border-bottom: #000000 3px double; min-width: 3.75pt; text-align: right; padding-bottom: 2.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.25pt;">$</td>
<td style="border-bottom: #000000 3px double; min-width: 24.75pt; text-align: right; padding-bottom: 2.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3.25pt;">70,428</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="width: 4.5pt; padding: 0pt;">​</td>
<td style="width: 4.5pt; padding: 0pt;">​</td>
<td style="padding-bottom: 0pt; padding-left: 2.44pt; width: 0pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="border-bottom: #000000 3px double; min-width: 3.75pt; text-align: right; padding-bottom: 2.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.25pt;">$</td>
<td style="border-bottom: #000000 3px double; min-width: 19.5pt; text-align: right; padding-bottom: 2.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3.25pt;">(7,376<font style="position: absolute;">)</font></td>
<td style="padding-bottom: 0pt; padding-left: 2.44pt; width: 0pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="width: 4.5pt; padding: 0pt;">​</td>
<td style="width: 4.5pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="border-bottom: #000000 3px double; min-width: 3.75pt; text-align: right; padding-bottom: 2.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.25pt;">$</td>
<td style="border-bottom: #000000 3px double; min-width: 24.75pt; text-align: right; padding-bottom: 2.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3.25pt;">469,037</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="width: 4.5pt; padding: 0pt;">​</td>
<td style="width: 4.5pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="border-bottom: #000000 3px double; min-width: 3.75pt; text-align: right; padding-bottom: 2.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.25pt;">$</td>
<td style="border-bottom: #000000 3px double; min-width: 23.25pt; text-align: right; padding-bottom: 2.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3.25pt;">(14,212<font style="position: absolute;">)</font></td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
</tr>
<tr style="text-align: left; text-transform: none; font: bold 10pt/10pt 'times new roman', times, serif; white-space: nowrap; color: #000000; vertical-align: bottom;">
<td style="padding-bottom: 1.5pt; padding-left: 0pt; width: 180.99pt; padding-right: 0pt; padding-top: 8.75pt;">December 31, 2014</td>
<td style="width: 4.5pt; padding: 0pt;">​</td>
<td colspan="6">​</td>
<td colspan="6">​</td>
<td colspan="6">​</td>
<td colspan="6">​</td>
<td colspan="6">​</td>
<td colspan="6">​</td>
</tr>
<tr style="text-align: left; text-transform: none; background-color: #cceeff; font: 10pt/10pt 'times new roman', times, serif; white-space: nowrap; color: #000000; vertical-align: bottom;">
<td style="padding-bottom: 1.5pt; padding-left: 0pt; width: 180.99pt; padding-right: 0pt; padding-top: 3.5pt;">Fixed maturity securities:</td>
<td style="width: 4.5pt; padding: 0pt;">​</td>
<td colspan="6">​</td>
<td colspan="6">​</td>
<td colspan="6">​</td>
<td colspan="6">​</td>
<td colspan="6">​</td>
<td colspan="6">​</td>
</tr>
<tr style="text-align: right; text-transform: none; font: 10pt/10pt 'times new roman', times, serif; white-space: nowrap; color: #000000; vertical-align: bottom;">
<td style="text-align: left; padding-bottom: 1.5pt; padding-left: 0pt; width: 180.99pt; padding-right: 0pt; padding-top: 3.5pt;">
<div style="margin-left: 10pt;">State and municipal</div>
</td>
<td style="width: 4.5pt; padding: 0pt;">​</td>
<td style="width: 4.5pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="min-width: 3.75pt; text-align: right; padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.5pt;">$</td>
<td style="min-width: 24.75pt; text-align: right; padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3.5pt;">3,197</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="width: 4.5pt; padding: 0pt;">​</td>
<td style="width: 4.5pt; padding: 0pt;">​</td>
<td style="padding-bottom: 0pt; padding-left: 2.44pt; width: 0pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="min-width: 3.75pt; text-align: right; padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.5pt;">$</td>
<td style="min-width: 19.5pt; text-align: right; padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3.5pt;">(176<font style="position: absolute;">)</font></td>
<td style="padding-bottom: 0pt; padding-left: 2.44pt; width: 0pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="width: 4.5pt; padding: 0pt;">​</td>
<td style="width: 4.5pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="min-width: 3.75pt; text-align: right; padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.5pt;">$</td>
<td style="min-width: 24.75pt; text-align: right; padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3.5pt;">247</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="width: 4.5pt; padding: 0pt;">​</td>
<td style="width: 4.5pt; padding: 0pt;">​</td>
<td style="padding-bottom: 0pt; padding-left: 2.44pt; width: 0pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="min-width: 3.75pt; text-align: right; padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.5pt;">$</td>
<td style="min-width: 19.5pt; text-align: right; padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt;
white-space: nowrap; padding-top: 3.5pt;">(2<font style="position: absolute;">)</font></td>
<td style="padding-bottom: 0pt; padding-left: 2.44pt; width: 0pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="width: 4.5pt; padding: 0pt;">​</td>
<td style="width: 4.5pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="min-width: 3.75pt; text-align: right; padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.5pt;">$</td>
<td style="min-width: 24.75pt; text-align: right; padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3.5pt;">3,444</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="width: 4.5pt; padding: 0pt;">​</td>
<td style="width: 4.5pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="min-width: 3.75pt; text-align: right; padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.5pt;">$</td>
<td style="min-width: 23.25pt; text-align: right; padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3.5pt;">(178<font style="position: absolute;">)</font></td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
</tr>
<tr style="text-align: right; text-transform: none; background-color: #cceeff; font: 10pt/10pt 'times new roman', times, serif; white-space: nowrap; color: #000000; vertical-align: bottom;">
<td style="text-align: left; padding-bottom: 1.5pt; padding-left: 0pt; width: 180.99pt; padding-right: 0pt; padding-top: 3.5pt;">
<div style="margin-left: 10pt;">Residential mortgage-backed</div>
</td>
<td style="width: 4.5pt; padding: 0pt;">​</td>
<td style="width: 4.5pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="min-width: 3.75pt; text-align: right; padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.5pt;">​</td>
<td style="min-width: 24.75pt; text-align: right; padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3.5pt;">2,072</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="width: 4.5pt; padding: 0pt;">​</td>
<td style="width: 4.5pt; padding: 0pt;">​</td>
<td style="padding-bottom: 0pt; padding-left: 2.44pt; width: 0pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="min-width: 3.75pt; text-align: right; padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.5pt;">​</td>
<td style="min-width: 19.5pt; text-align: right; padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3.5pt;">(2<font style="position: absolute;">)</font></td>
<td style="padding-bottom: 0pt; padding-left: 2.44pt; width: 0pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="width: 4.5pt; padding: 0pt;">​</td>
<td style="width: 4.5pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="min-width: 3.75pt; text-align: right; padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.5pt;">​</td>
<td style="min-width: 24.75pt; text-align: right; padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3.5pt;">47,594</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="width: 4.5pt; padding: 0pt;">​</td>
<td style="width: 4.5pt; padding: 0pt;">​</td>
<td style="padding-bottom: 0pt; padding-left: 2.44pt; width: 0pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="min-width: 3.75pt; text-align: right; padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.5pt;">​</td>
<td style="min-width: 19.5pt; text-align: right; padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3.5pt;">(1,407<font style="position: absolute;">)</font></td>
<td style="padding-bottom: 0pt; padding-left: 2.44pt; width: 0pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="width: 4.5pt; padding: 0pt;">​</td>
<td style="width: 4.5pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="min-width: 3.75pt; text-align: right; padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.5pt;">​</td>
<td style="min-width: 24.75pt; text-align: right; padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3.5pt;">49,666</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="width: 4.5pt; padding: 0pt;">​</td>
<td style="width: 4.5pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="min-width: 3.75pt; text-align: right; padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.5pt;">​</td>
<td style="min-width: 23.25pt; text-align: right; padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3.5pt;">(1,409<font style="position: absolute;">)</font></td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
</tr>
<tr style="text-align: right; text-transform: none; font: 10pt/10pt 'times new roman', times, serif; white-space: nowrap; color: #000000; vertical-align: bottom;">
<td style="text-align: left; padding-bottom: 1.5pt; padding-left: 0pt; width: 180.99pt; padding-right: 0pt; padding-top: 3.5pt;">
<div style="margin-left: 10pt;">Corporate</div>
</td>
<td style="width: 4.5pt; padding: 0pt;">​</td>
<td style="width: 4.5pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="min-width: 3.75pt; text-align: right; padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.5pt;">​</td>
<td style="min-width: 24.75pt; text-align: right; padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3.5pt;">25,885</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="width: 4.5pt; padding: 0pt;">​</td>
<td style="width: 4.5pt; padding: 0pt;">​</td>
<td style="padding-bottom: 0pt; padding-left: 2.44pt; width: 0pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="min-width: 3.75pt; text-align: right; padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.5pt;">​</td>
<td style="min-width: 19.5pt; text-align: right; padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3.5pt;">(235<font style="position: absolute;">)</font></td>
<td style="padding-bottom: 0pt; padding-left: 2.44pt; width: 0pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="width: 4.5pt; padding: 0pt;">​</td>
<td style="width: 4.5pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding:
0pt;">​</td>
<td style="min-width: 3.75pt; text-align: right; padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.5pt;">​</td>
<td style="min-width: 24.75pt; text-align: right; padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3.5pt;">22,353</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="width: 4.5pt; padding: 0pt;">​</td>
<td style="width: 4.5pt; padding: 0pt;">​</td>
<td style="padding-bottom: 0pt; padding-left: 2.44pt; width: 0pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="min-width: 3.75pt; text-align: right; padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.5pt;">​</td>
<td style="min-width: 19.5pt; text-align: right; padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3.5pt;">(2,199<font style="position: absolute;">)</font></td>
<td style="padding-bottom: 0pt; padding-left: 2.44pt; width: 0pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="width: 4.5pt; padding: 0pt;">​</td>
<td style="width: 4.5pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="min-width: 3.75pt; text-align: right; padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.5pt;">​</td>
<td style="min-width: 24.75pt; text-align: right; padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3.5pt;">48,238</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="width: 4.5pt; padding: 0pt;">​</td>
<td style="width: 4.5pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="min-width: 3.75pt; text-align: right; padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.5pt;">​</td>
<td style="min-width: 23.25pt; text-align: right; padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3.5pt;">(2,434<font style="position: absolute;">)</font></td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
</tr>
<tr style="text-align: right; text-transform: none; background-color: #cceeff; font: 10pt/12pt 'times new roman', times, serif; white-space: nowrap; color: #000000; vertical-align: bottom;">
<td style="text-align: left; padding-bottom: 0.833pt; padding-left: 0pt; width: 180.99pt; padding-right: 0pt; white-space: normal; padding-top: 2.167pt;">
<div style="text-indent: -10pt; margin-left: 20pt;">Commercial mortgage and <br />asset-backed</div>
</td>
<td style="width: 4.5pt; padding: 0pt;">​</td>
<td style="width: 4.5pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="min-width: 3.75pt; text-align: right; padding-bottom: 0.833pt; padding-left: 0pt; padding-right: 0pt; padding-top: 2.167pt;">​</td>
<td style="min-width: 24.75pt; text-align: right; padding-bottom: 0.833pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 2.167pt;">23,894</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="width: 4.5pt; padding: 0pt;">​</td>
<td style="width: 4.5pt; padding: 0pt;">​</td>
<td style="padding-bottom: 0pt; padding-left: 2.44pt; width: 0pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="min-width: 3.75pt; text-align: right; padding-bottom: 0.833pt; padding-left: 0pt; padding-right: 0pt; padding-top: 2.167pt;">​</td>
<td style="min-width: 19.5pt; text-align: right; padding-bottom: 0.833pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 2.167pt;">(118<font style="position: absolute;">)</font></td>
<td style="padding-bottom: 0pt; padding-left: 2.44pt; width: 0pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="width: 4.5pt; padding: 0pt;">​</td>
<td style="width: 4.5pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="min-width: 3.75pt; text-align: right; padding-bottom: 0.833pt; padding-left: 0pt; padding-right: 0pt; padding-top: 2.167pt;">​</td>
<td style="min-width: 24.75pt; text-align: right; padding-bottom: 0.833pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 2.167pt;">8,742</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="width: 4.5pt; padding: 0pt;">​</td>
<td style="width: 4.5pt; padding: 0pt;">​</td>
<td style="padding-bottom: 0pt; padding-left: 2.44pt; width: 0pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="min-width: 3.75pt; text-align: right; padding-bottom: 0.833pt; padding-left: 0pt; padding-right: 0pt; padding-top: 2.167pt;">​</td>
<td style="min-width: 19.5pt; text-align: right; padding-bottom: 0.833pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 2.167pt;">(26<font style="position: absolute;">)</font></td>
<td style="padding-bottom: 0pt; padding-left: 2.44pt; width: 0pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="width: 4.5pt; padding: 0pt;">​</td>
<td style="width: 4.5pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="min-width: 3.75pt; text-align: right; padding-bottom: 0.833pt; padding-left: 0pt; padding-right: 0pt; padding-top: 2.167pt;">​</td>
<td style="min-width: 24.75pt; text-align: right; padding-bottom: 0.833pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 2.167pt;">32,636</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="width: 4.5pt; padding: 0pt;">​</td>
<td style="width: 4.5pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="min-width: 3.75pt; text-align: right; padding-bottom: 0.833pt; padding-left: 0pt; padding-right: 0pt; padding-top: 2.167pt;">​</td>
<td style="min-width: 23.25pt; text-align: right; padding-bottom: 0.833pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 2.167pt;">(144<font style="position: absolute;">)</font></td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
</tr>
<tr style="text-align: right; text-transform: none; font: 10pt/12pt 'times new roman', times, serif; white-space: nowrap; color: #000000; vertical-align: bottom;">
<td style="text-align: left; padding-bottom: 0.833pt; padding-left: 0pt; width: 180.99pt; padding-right: 0pt; white-space: normal; padding-top: 2.167pt;">
<div style="text-indent: -10pt; margin-left: 10pt;">Obligations of U.S. government corporations and agencies</div>
</td>
<td style="width: 4.5pt; padding: 0pt;">​</td>
<td style="width: 4.5pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="min-width: 3.75pt; text-align: right; padding-bottom: 0.833pt; padding-left: 0pt; padding-right: 0pt; padding-top:
2.167pt;">​</td>
<td style="min-width: 24.75pt; text-align: right; padding-bottom: 0.833pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 2.167pt;">202</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="width: 4.5pt; padding: 0pt;">​</td>
<td style="width: 4.5pt; padding: 0pt;">​</td>
<td style="padding-bottom: 0pt; padding-left: 2.44pt; width: 0pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="min-width: 3.75pt; text-align: right; padding-bottom: 0.833pt; padding-left: 0pt; padding-right: 0pt; padding-top: 2.167pt;">​</td>
<td style="min-width: 19.5pt; text-align: right; padding-bottom: 0.833pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 2.167pt;">—</td>
<td style="padding-bottom: 0pt; padding-left: 2.44pt; width: 0pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="width: 4.5pt; padding: 0pt;">​</td>
<td style="width: 4.5pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="min-width: 3.75pt; text-align: right; padding-bottom: 0.833pt; padding-left: 0pt; padding-right: 0pt; padding-top: 2.167pt;">​</td>
<td style="min-width: 24.75pt; text-align: right; padding-bottom: 0.833pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 2.167pt;">48,029</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="width: 4.5pt; padding: 0pt;">​</td>
<td style="width: 4.5pt; padding: 0pt;">​</td>
<td style="padding-bottom: 0pt; padding-left: 2.44pt; width: 0pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="min-width: 3.75pt; text-align: right; padding-bottom: 0.833pt; padding-left: 0pt; padding-right: 0pt; padding-top: 2.167pt;">​</td>
<td style="min-width: 19.5pt; text-align: right; padding-bottom: 0.833pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 2.167pt;">(532<font style="position: absolute;">)</font></td>
<td style="padding-bottom: 0pt; padding-left: 2.44pt; width: 0pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="width: 4.5pt; padding: 0pt;">​</td>
<td style="width: 4.5pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="min-width: 3.75pt; text-align: right; padding-bottom: 0.833pt; padding-left: 0pt; padding-right: 0pt; padding-top: 2.167pt;">​</td>
<td style="min-width: 24.75pt; text-align: right; padding-bottom: 0.833pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 2.167pt;">48,231</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="width: 4.5pt; padding: 0pt;">​</td>
<td style="width: 4.5pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="min-width: 3.75pt; text-align: right; padding-bottom: 0.833pt; padding-left: 0pt; padding-right: 0pt; padding-top: 2.167pt;">​</td>
<td style="min-width: 23.25pt; text-align: right; padding-bottom: 0.833pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 2.167pt;">(532<font style="position: absolute;">)</font></td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
</tr>
<tr style="text-align: right; text-transform: none; background-color: #cceeff; font: 10pt/12pt 'times new roman', times, serif; white-space: nowrap; color: #000000; vertical-align: bottom;">
<td style="text-align: left; padding-bottom: 0.833pt; padding-left: 0pt; width: 180.99pt; padding-right: 0pt; white-space: normal; padding-top: 2.167pt;">
<div style="text-indent: -10pt; margin-left: 10pt;">U.S. Treasury securities and obligations guaranteed by the U.S. government</div>
</td>
<td style="width: 4.5pt; padding: 0pt;">​</td>
<td style="width: 4.5pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="min-width: 3.75pt; text-align: right; padding-bottom: 0.833pt; padding-left: 0pt; padding-right: 0pt; padding-top: 2.167pt;">​</td>
<td style="min-width: 24.75pt; text-align: right; padding-bottom: 0.833pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 2.167pt;">13,055</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="width: 4.5pt; padding: 0pt;">​</td>
<td style="width: 4.5pt; padding: 0pt;">​</td>
<td style="padding-bottom: 0pt; padding-left: 2.44pt; width: 0pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="min-width: 3.75pt; text-align: right; padding-bottom: 0.833pt; padding-left: 0pt; padding-right: 0pt; padding-top: 2.167pt;">​</td>
<td style="min-width: 19.5pt; text-align: right; padding-bottom: 0.833pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 2.167pt;">(24<font style="position: absolute;">)</font></td>
<td style="padding-bottom: 0pt; padding-left: 2.44pt; width: 0pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="width: 4.5pt; padding: 0pt;">​</td>
<td style="width: 4.5pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="min-width: 3.75pt; text-align: right; padding-bottom: 0.833pt; padding-left: 0pt; padding-right: 0pt; padding-top: 2.167pt;">​</td>
<td style="min-width: 24.75pt; text-align: right; padding-bottom: 0.833pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 2.167pt;">19,383</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="width: 4.5pt; padding: 0pt;">​</td>
<td style="width: 4.5pt; padding: 0pt;">​</td>
<td style="padding-bottom: 0pt; padding-left: 2.44pt; width: 0pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="min-width: 3.75pt; text-align: right; padding-bottom: 0.833pt; padding-left: 0pt; padding-right: 0pt; padding-top: 2.167pt;">​</td>
<td style="min-width: 19.5pt; text-align: right; padding-bottom: 0.833pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 2.167pt;">(169<font style="position: absolute;">)</font></td>
<td style="padding-bottom: 0pt; padding-left: 2.44pt; width: 0pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="width: 4.5pt; padding: 0pt;">​</td>
<td style="width: 4.5pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="min-width: 3.75pt; text-align: right; padding-bottom: 0.833pt; padding-left: 0pt; padding-right: 0pt; padding-top: 2.167pt;">​</td>
<td style="min-width: 24.75pt; text-align: right; padding-bottom: 0.833pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 2.167pt;">32,438</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="width: 4.5pt; padding: 0pt;">​</td>
<td style="width: 4.5pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="min-width: 3.75pt; text-align: right; padding-bottom: 0.833pt; padding-left: 0pt;
padding-right: 0pt; padding-top: 2.167pt;">​</td>
<td style="min-width: 23.25pt; text-align: right; padding-bottom: 0.833pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 2.167pt;">(193<font style="position: absolute;">)</font></td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
</tr>
<tr style="text-align: right; text-transform: none; font: 10pt/10pt 'times new roman', times, serif; white-space: nowrap; color: #000000; vertical-align: bottom;">
<td style="border-bottom: #ffffff 1px solid; text-align: left; padding-bottom: 2.5pt; padding-left: 0pt; width: 180.99pt; padding-right: 0pt; padding-top: 3.5pt;">
<div style="white-space: nowrap;">Redeemable preferred stock</div>
</td>
<td style="border-bottom: #ffffff 1px solid; width: 4.5pt; padding: 0pt;">​</td>
<td style="border-bottom: #ffffff 1px solid; width: 4.5pt; padding: 0pt;">​</td>
<td style="border-bottom: #ffffff 1px solid; width: 0pt; padding: 0pt;">​</td>
<td style="border-bottom: #000000 1px solid; min-width: 3.75pt; text-align: right; padding-bottom: 2.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.5pt;">​</td>
<td style="border-bottom: #000000 1px solid; min-width: 24.75pt; text-align: right; padding-bottom: 2.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3.5pt;">—</td>
<td style="border-bottom: #ffffff 1px solid; width: 0pt; padding: 0pt;">​</td>
<td style="border-bottom: #ffffff 1px solid; width: 4.5pt; padding: 0pt;">​</td>
<td style="border-bottom: #ffffff 1px solid; width: 4.5pt; padding: 0pt;">​</td>
<td style="border-bottom: #ffffff 1px solid; padding-bottom: 0pt; padding-left: 2.44pt; width: 0pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="border-bottom: #000000 1px solid; min-width: 3.75pt; text-align: right; padding-bottom: 2.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.5pt;">​</td>
<td style="border-bottom: #000000 1px solid; min-width: 19.5pt; text-align: right; padding-bottom: 2.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3.5pt;">–</td>
<td style="border-bottom: #ffffff 1px solid; padding-bottom: 0pt; padding-left: 2.44pt; width: 0pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="border-bottom: #ffffff 1px solid; width: 4.5pt; padding: 0pt;">​</td>
<td style="border-bottom: #ffffff 1px solid; width: 4.5pt; padding: 0pt;">​</td>
<td style="border-bottom: #ffffff 1px solid; width: 0pt; padding: 0pt;">​</td>
<td style="border-bottom: #000000 1px solid; min-width: 3.75pt; text-align: right; padding-bottom: 2.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.5pt;">​</td>
<td style="border-bottom: #000000 1px solid; min-width: 24.75pt; text-align: right; padding-bottom: 2.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3.5pt;">1,901</td>
<td style="border-bottom: #ffffff 1px solid; width: 0pt; padding: 0pt;">​</td>
<td style="border-bottom: #ffffff 1px solid; width: 4.5pt; padding: 0pt;">​</td>
<td style="border-bottom: #ffffff 1px solid; width: 4.5pt; padding: 0pt;">​</td>
<td style="border-bottom: #ffffff 1px solid; padding-bottom: 0pt; padding-left: 2.44pt; width: 0pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="border-bottom: #000000 1px solid; min-width: 3.75pt; text-align: right; padding-bottom: 2.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.5pt;">​</td>
<td style="border-bottom: #000000 1px solid; min-width: 19.5pt; text-align: right; padding-bottom: 2.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3.5pt;">(124<font style="position: absolute;">)</font></td>
<td style="border-bottom: #ffffff 1px solid; padding-bottom: 0pt; padding-left: 2.44pt; width: 0pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="border-bottom: #ffffff 1px solid; width: 4.5pt; padding: 0pt;">​</td>
<td style="border-bottom: #ffffff 1px solid; width: 4.5pt; padding: 0pt;">​</td>
<td style="border-bottom: #ffffff 1px solid; width: 0pt; padding: 0pt;">​</td>
<td style="border-bottom: #000000 1px solid; min-width: 3.75pt; text-align: right; padding-bottom: 2.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.5pt;">​</td>
<td style="border-bottom: #000000 1px solid; min-width: 24.75pt; text-align: right; padding-bottom: 2.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3.5pt;">1,901</td>
<td style="border-bottom: #ffffff 1px solid; width: 0pt; padding: 0pt;">​</td>
<td style="border-bottom: #ffffff 1px solid; width: 4.5pt; padding: 0pt;">​</td>
<td style="border-bottom: #ffffff 1px solid; width: 4.5pt; padding: 0pt;">​</td>
<td style="border-bottom: #ffffff 1px solid; width: 0pt; padding: 0pt;">​</td>
<td style="border-bottom: #000000 1px solid; min-width: 3.75pt; text-align: right; padding-bottom: 2.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.5pt;">​</td>
<td style="border-bottom: #000000 1px solid; min-width: 23.25pt; text-align: right; padding-bottom: 2.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3.5pt;">(124<font style="position: absolute;">)</font></td>
<td style="border-bottom: #ffffff 1px solid; width: 0pt; padding: 0pt;">​</td>
<td style="border-bottom: #ffffff 1px solid; width: 0pt; padding: 0pt;">​</td>
</tr>
<tr style="text-align: right; text-transform: none; background-color: #cceeff; font: 10pt/10pt 'times new roman', times, serif; white-space: nowrap; color: #000000; vertical-align: bottom;">
<td style="text-align: left; padding-bottom: 1.5pt; padding-left: 0pt; width: 180.99pt; padding-right: 0pt; padding-top: 3.25pt;">
<div style="white-space: nowrap;">Total fixed maturity securities</div>
</td>
<td style="width: 4.5pt; padding: 0pt;">​</td>
<td style="width: 4.5pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="min-width: 3.75pt; text-align: right; padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.25pt;">​</td>
<td style="min-width: 24.75pt; text-align: right; padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3.25pt;">68,305</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="width: 4.5pt; padding: 0pt;">​</td>
<td style="width: 4.5pt; padding: 0pt;">​</td>
<td style="padding-bottom: 0pt; padding-left: 2.44pt; width: 0pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="min-width: 3.75pt; text-align: right; padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.25pt;">​</td>
<td style="min-width: 19.5pt; text-align: right; padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top:
3.25pt;">(555<font style="position: absolute;">)</font></td>
<td style="padding-bottom: 0pt; padding-left: 2.44pt; width: 0pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="width: 4.5pt; padding: 0pt;">​</td>
<td style="width: 4.5pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="min-width: 3.75pt; text-align: right; padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.25pt;">​</td>
<td style="min-width: 24.75pt; text-align: right; padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3.25pt;">148,249</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="width: 4.5pt; padding: 0pt;">​</td>
<td style="width: 4.5pt; padding: 0pt;">​</td>
<td style="padding-bottom: 0pt; padding-left: 2.44pt; width: 0pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="min-width: 3.75pt; text-align: right; padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.25pt;">​</td>
<td style="min-width: 19.5pt; text-align: right; padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3.25pt;">(4,459<font style="position: absolute;">)</font></td>
<td style="padding-bottom: 0pt; padding-left: 2.44pt; width: 0pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="width: 4.5pt; padding: 0pt;">​</td>
<td style="width: 4.5pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="min-width: 3.75pt; text-align: right; padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.25pt;">​</td>
<td style="min-width: 24.75pt; text-align: right; padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3.25pt;">216,554</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="width: 4.5pt; padding: 0pt;">​</td>
<td style="width: 4.5pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="min-width: 3.75pt; text-align: right; padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.25pt;">​</td>
<td style="min-width: 23.25pt; text-align: right; padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3.25pt;">(5,014<font style="position: absolute;">)</font></td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
</tr>
<tr style="text-align: right; text-transform: none; font: 10pt/10pt 'times new roman', times, serif; white-space: nowrap; color: #000000; vertical-align: bottom;">
<td style="border-bottom: #ffffff 1px solid; text-align: left; padding-bottom: 2.5pt; padding-left: 0pt; width: 180.99pt; padding-right: 0pt; padding-top: 3.5pt;">
<div style="white-space: nowrap;">Equity securities</div>
</td>
<td style="border-bottom: #ffffff 1px solid; width: 4.5pt; padding: 0pt;">​</td>
<td style="border-bottom: #ffffff 1px solid; width: 4.5pt; padding: 0pt;">​</td>
<td style="border-bottom: #ffffff 1px solid; width: 0pt; padding: 0pt;">​</td>
<td style="border-bottom: #000000 1px solid; min-width: 3.75pt; text-align: right; padding-bottom: 2.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.5pt;">​</td>
<td style="border-bottom: #000000 1px solid; min-width: 24.75pt; text-align: right; padding-bottom: 2.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3.5pt;">1,361</td>
<td style="border-bottom: #ffffff 1px solid; width: 0pt; padding: 0pt;">​</td>
<td style="border-bottom: #ffffff 1px solid; width: 4.5pt; padding: 0pt;">​</td>
<td style="border-bottom: #ffffff 1px solid; width: 4.5pt; padding: 0pt;">​</td>
<td style="border-bottom: #ffffff 1px solid; padding-bottom: 0pt; padding-left: 2.44pt; width: 0pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="border-bottom: #000000 1px solid; min-width: 3.75pt; text-align: right; padding-bottom: 2.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.5pt;">​</td>
<td style="border-bottom: #000000 1px solid; min-width: 19.5pt; text-align: right; padding-bottom: 2.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3.5pt;">(205<font style="position: absolute;">)</font></td>
<td style="border-bottom: #ffffff 1px solid; padding-bottom: 0pt; padding-left: 2.44pt; width: 0pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="border-bottom: #ffffff 1px solid; width: 4.5pt; padding: 0pt;">​</td>
<td style="border-bottom: #ffffff 1px solid; width: 4.5pt; padding: 0pt;">​</td>
<td style="border-bottom: #ffffff 1px solid; width: 0pt; padding: 0pt;">​</td>
<td style="border-bottom: #000000 1px solid; min-width: 3.75pt; text-align: right; padding-bottom: 2.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.5pt;">​</td>
<td style="border-bottom: #000000 1px solid; min-width: 24.75pt; text-align: right; padding-bottom: 2.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3.5pt;">10,621</td>
<td style="border-bottom: #ffffff 1px solid; width: 0pt; padding: 0pt;">​</td>
<td style="border-bottom: #ffffff 1px solid; width: 4.5pt; padding: 0pt;">​</td>
<td style="border-bottom: #ffffff 1px solid; width: 4.5pt; padding: 0pt;">​</td>
<td style="border-bottom: #ffffff 1px solid; padding-bottom: 0pt; padding-left: 2.44pt; width: 0pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="border-bottom: #000000 1px solid; min-width: 3.75pt; text-align: right; padding-bottom: 2.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.5pt;">​</td>
<td style="border-bottom: #000000 1px solid; min-width: 19.5pt; text-align: right; padding-bottom: 2.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3.5pt;">(1,420<font style="position: absolute;">)</font></td>
<td style="border-bottom: #ffffff 1px solid; padding-bottom: 0pt; padding-left: 2.44pt; width: 0pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="border-bottom: #ffffff 1px solid; width: 4.5pt; padding: 0pt;">​</td>
<td style="border-bottom: #ffffff 1px solid; width: 4.5pt; padding: 0pt;">​</td>
<td style="border-bottom: #ffffff 1px solid; width: 0pt; padding: 0pt;">​</td>
<td style="border-bottom: #000000 1px solid; min-width: 3.75pt; text-align: right; padding-bottom: 2.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.5pt;">​</td>
<td style="border-bottom: #000000 1px solid; min-width: 24.75pt; text-align: right; padding-bottom: 2.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3.5pt;">11,982</td>
<td style="border-bottom: #ffffff 1px solid; width: 0pt; padding: 0pt;">​</td>
<td style="border-bottom: #ffffff 1px solid; width: 4.5pt; padding: 0pt;">​</td>
<td
style="border-bottom: #ffffff 1px solid; width: 4.5pt; padding: 0pt;">​</td>
<td style="border-bottom: #ffffff 1px solid; width: 0pt; padding: 0pt;">​</td>
<td style="border-bottom: #000000 1px solid; min-width: 3.75pt; text-align: right; padding-bottom: 2.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.5pt;">​</td>
<td style="border-bottom: #000000 1px solid; min-width: 23.25pt; text-align: right; padding-bottom: 2.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3.5pt;">(1,625<font style="position: absolute;">)</font></td>
<td style="border-bottom: #ffffff 1px solid; width: 0pt; padding: 0pt;">​</td>
<td style="border-bottom: #ffffff 1px solid; width: 0pt; padding: 0pt;">​</td>
</tr>
<tr style="text-align: right; text-transform: none; background-color: #cceeff; font: 10pt/10pt 'times new roman', times, serif; white-space: nowrap; color: #000000; vertical-align: bottom;">
<td style="text-align: left; padding-bottom: 2.75pt; padding-left: 0pt; width: 180.99pt; padding-right: 0pt; padding-top: 3.25pt;">
<div style="white-space: nowrap;">Total investments available-for-sale</div>
</td>
<td style="width: 4.5pt; padding: 0pt;">​</td>
<td style="width: 4.5pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="border-bottom: #000000 3px double; min-width: 3.75pt; text-align: right; padding-bottom: 2pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.25pt;">$</td>
<td style="border-bottom: #000000 3px double; min-width: 24.75pt; text-align: right; padding-bottom: 2pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3.25pt;">69,666</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="width: 4.5pt; padding: 0pt;">​</td>
<td style="width: 4.5pt; padding: 0pt;">​</td>
<td style="padding-bottom: 0pt; padding-left: 2.44pt; width: 0pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="border-bottom: #000000 3px double; min-width: 3.75pt; text-align: right; padding-bottom: 2pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.25pt;">$</td>
<td style="border-bottom: #000000 3px double; min-width: 19.5pt; text-align: right; padding-bottom: 2pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3.25pt;">(760<font style="position: absolute;">)</font></td>
<td style="padding-bottom: 0pt; padding-left: 2.44pt; width: 0pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="width: 4.5pt; padding: 0pt;">​</td>
<td style="width: 4.5pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="border-bottom: #000000 3px double; min-width: 3.75pt; text-align: right; padding-bottom: 2pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.25pt;">$</td>
<td style="border-bottom: #000000 3px double; min-width: 24.75pt; text-align: right; padding-bottom: 2pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3.25pt;">158,870</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="width: 4.5pt; padding: 0pt;">​</td>
<td style="width: 4.5pt; padding: 0pt;">​</td>
<td style="padding-bottom: 0pt; padding-left: 2.44pt; width: 0pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="border-bottom: #000000 3px double; min-width: 3.75pt; text-align: right; padding-bottom: 2pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.25pt;">$</td>
<td style="border-bottom: #000000 3px double; min-width: 19.5pt; text-align: right; padding-bottom: 2pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3.25pt;">(5,879<font style="position: absolute;">)</font></td>
<td style="padding-bottom: 0pt; padding-left: 2.44pt; width: 0pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="width: 4.5pt; padding: 0pt;">​</td>
<td style="width: 4.5pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="border-bottom: #000000 3px double; min-width: 3.75pt; text-align: right; padding-bottom: 2pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.25pt;">$</td>
<td style="border-bottom: #000000 3px double; min-width: 24.75pt; text-align: right; padding-bottom: 2pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3.25pt;">228,536</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="width: 4.5pt; padding: 0pt;">​</td>
<td style="width: 4.5pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="border-bottom: #000000 3px double; min-width: 3.75pt; text-align: right; padding-bottom: 2pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.25pt;">$</td>
<td style="border-bottom: #000000 3px double; min-width: 23.25pt; text-align: right; padding-bottom: 2pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3.25pt;">(6,639<font style="position: absolute;">)</font></td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
</tr>
<tr style="line-height: 4pt; height: 4pt;">
<td style="line-height: 0pt; font-size: 0pt; padding: 0pt;" colspan="44">​</td>
</tr>
</table>
<table align="center" style="widows: 1; text-transform: none; text-indent: 0px; width: 100%; border-collapse: collapse; font: 13px 'times new roman', times, serif; white-space: normal; letter-spacing: normal; height: 298px; color: #000000; word-spacing: 0px; -webkit-text-stroke-width: 0px;" border="0">
<tr style="text-align: left; text-transform: none; font: bold 8pt/8pt 'times new roman', times, serif; white-space: nowrap; color: #000000; vertical-align: bottom;">
<td style="border-bottom: #ffffff 1px solid; padding-bottom: 0.5pt; padding-left: 0pt; width: 285.22pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="border-bottom: #ffffff 1px solid; width: 6pt; padding: 0pt;">​</td>
<td style="border-bottom: #ffffff 1px solid; width: 6pt; padding: 0pt;">​</td>
<td style="border-bottom: #000000 1px solid; text-align: center; padding-bottom: 2.5pt; padding-left: 0pt; width: 0pt; padding-right: 0pt; padding-top: 0pt;" colspan="16">
<div style="text-align: center; white-space: nowrap;">Year Ended December 31,</div>
</td>
<td style="border-bottom: #ffffff 1px solid; width: 0pt; padding: 0pt;">​</td>
</tr>
<tr style="text-align: center; text-transform: none; font: bold 8pt/8pt 'times new roman', times, serif; white-space: nowrap; color: #000000; vertical-align: bottom;">
<td style="border-bottom: #ffffff 1px solid; text-align: left; padding-bottom: 0.5pt; padding-left: 0pt; width: 285.22pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="border-bottom: #ffffff 1px solid; width: 6pt; padding: 0pt;">​</td>
<td style="border-bottom: #ffffff 1px solid; width: 6pt; padding: 0pt;">​</td>
<td style="border-bottom: #000000 1px solid; padding-bottom: 2.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.25pt;" colspan="4">
<div style="text-align: center; white-space: nowrap;">2015</div>
</td>
<td style="border-bottom: #ffffff 1px solid; width: 6pt; padding: 0pt;">​</td>
<td style="border-bottom: #ffffff 1px solid; width: 6pt; padding: 0pt;">​</td>
<td style="border-bottom: #000000 1px solid; padding-bottom: 2.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.25pt;" colspan="4">
<div style="text-align: center; white-space: nowrap;">2014</div>
</td>
<td style="border-bottom: #ffffff 1px solid; width: 6pt; padding: 0pt;">​</td>
<td style="border-bottom: #ffffff 1px solid; width: 6pt; padding: 0pt;">​</td>
<td style="border-bottom: #000000 1px solid; padding-bottom: 2.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.25pt;" colspan="4">
<div style="text-align: center; white-space: nowrap;">2013</div>
</td>
<td style="border-bottom: #ffffff 1px solid; width: 0pt; padding: 0pt;">​</td>
</tr>
<tr style="text-align: left; text-transform: none; font: bold italic 8pt/8pt 'times new roman', times, serif; white-space: nowrap; color: #000000; vertical-align: bottom;">
<td style="padding-bottom: 0.5pt; padding-left: 0pt; width: 285.22pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="text-align: center; padding-bottom: 0.5pt; padding-left: 0pt; width: 0pt; padding-right: 0pt; padding-top: 3.25pt;" colspan="16">
<div style="text-align: center; white-space: nowrap;">(in thousands)</div>
</td>
<td style="width: 0pt; padding: 0pt;">​</td>
</tr>
<tr style="text-align: left; text-transform: none; background-color: #cceeff; font: 10pt/10pt 'times new roman', times, serif; white-space: nowrap; color: #000000; vertical-align: bottom;">
<td style="padding-bottom: 0.5pt; padding-left: 0pt; width: 285.22pt; padding-right: 0pt; padding-top: 3.5pt;">Fixed maturity securities:</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td colspan="6">​</td>
<td colspan="6">​</td>
<td colspan="6">​</td>
</tr>
<tr style="text-align: right; text-transform: none; font: 10pt/10pt 'times new roman', times, serif; white-space: nowrap; color: #000000; vertical-align: bottom;">
<td style="text-align: left; padding-bottom: 0.5pt; padding-left: 0pt; width: 285.22pt; padding-right: 0pt; padding-top: 3.5pt;">
<div style="margin-left: 10pt;">Gross realized gains</div>
</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="min-width: 3.75pt; text-align: right; padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.5pt;">$</td>
<td style="min-width: 19.5pt; text-align: right; padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3.5pt;">2,197</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="min-width: 3.75pt; text-align: right; padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.5pt;">$</td>
<td style="min-width: 19.5pt; text-align: right; padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3.5pt;">522</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="min-width: 3.75pt; text-align: right; padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.5pt;">$</td>
<td style="min-width: 21pt; text-align: right; padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3.5pt;">14,347</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
</tr>
<tr style="text-align: right; text-transform: none; background-color: #cceeff; font: 10pt/10pt 'times new roman', times, serif; white-space: nowrap; color: #000000; vertical-align: bottom;">
<td style="border-bottom: #cceeff 1px solid; text-align: left; padding-bottom: 2.5pt; padding-left: 0pt; width: 285.22pt; padding-right: 0pt; padding-top: 3.5pt;">
<div style="margin-left: 10pt;">Gross realized losses</div>
</td>
<td style="border-bottom: #cceeff 1px solid; width: 6pt; padding: 0pt;">​</td>
<td style="border-bottom: #cceeff 1px solid; width: 6pt; padding: 0pt;">​</td>
<td style="border-bottom: #cceeff 1px solid; width: 0pt; padding: 0pt;">​</td>
<td style="border-bottom: #000000 1px solid; min-width: 3.75pt; text-align: right; padding-bottom: 2.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.5pt;">​</td>
<td style="border-bottom: #000000 1px solid; min-width: 19.5pt; text-align: right; padding-bottom: 2.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3.5pt;">(826<font style="position: absolute;">)</font></td>
<td style="border-bottom: #cceeff 1px solid; width: 0pt; padding:
0pt;">​</td>
<td style="border-bottom: #cceeff 1px solid; width: 6pt; padding: 0pt;">​</td>
<td style="border-bottom: #cceeff 1px solid; width: 6pt; padding: 0pt;">​</td>
<td style="border-bottom: #cceeff 1px solid; width: 0pt; padding: 0pt;">​</td>
<td style="border-bottom: #000000 1px solid; min-width: 3.75pt; text-align: right; padding-bottom: 2.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.5pt;">​</td>
<td style="border-bottom: #000000 1px solid; min-width: 19.5pt; text-align: right; padding-bottom: 2.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3.5pt;">(1,502<font style="position: absolute;">)</font></td>
<td style="border-bottom: #cceeff 1px solid; width: 0pt; padding: 0pt;">​</td>
<td style="border-bottom: #cceeff 1px solid; width: 6pt; padding: 0pt;">​</td>
<td style="border-bottom: #cceeff 1px solid; width: 6pt; padding: 0pt;">​</td>
<td style="border-bottom: #cceeff 1px solid; width: 0pt; padding: 0pt;">​</td>
<td style="border-bottom: #000000 1px solid; min-width: 3.75pt; text-align: right; padding-bottom: 2.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.5pt;">​</td>
<td style="border-bottom: #000000 1px solid; min-width: 21pt; text-align: right; padding-bottom: 2.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3.5pt;">(2,823<font style="position: absolute;">)</font></td>
<td style="border-bottom: #cceeff 1px solid; width: 0pt; padding: 0pt;">​</td>
<td style="border-bottom: #cceeff 1px solid; width: 0pt; padding: 0pt;">​</td>
</tr>
<tr style="text-align: right; text-transform: none; font: 10pt/10pt 'times new roman', times, serif; white-space: nowrap; color: #000000; vertical-align: bottom;">
<td style="text-align: left; padding-bottom: 0.5pt; padding-left: 0pt; width: 285.22pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="min-width: 3.75pt; text-align: right; padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.25pt;">​</td>
<td style="min-width: 19.5pt; text-align: right; padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3.25pt;">1,371</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="min-width: 3.75pt; text-align: right; padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.25pt;">​</td>
<td style="min-width: 19.5pt; text-align: right; padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3.25pt;">(980<font style="position: absolute;">)</font></td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="min-width: 3.75pt; text-align: right; padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.25pt;">​</td>
<td style="min-width: 21pt; text-align: right; padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3.25pt;">11,524</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
</tr>
<tr style="text-align: left; text-transform: none; background-color: #cceeff; font: 10pt/10pt 'times new roman', times, serif; white-space: nowrap; color: #000000; vertical-align: bottom;">
<td style="padding-bottom: 0.5pt; padding-left: 0pt; width: 285.22pt; padding-right: 0pt; padding-top: 9.5pt;">Equity securities:</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td colspan="6">​</td>
<td colspan="6">​</td>
<td colspan="6">​</td>
</tr>
<tr style="text-align: right; text-transform: none; font: 10pt/10pt 'times new roman', times, serif; white-space: nowrap; color: #000000; vertical-align: bottom;">
<td style="text-align: left; padding-bottom: 0.5pt; padding-left: 0pt; width: 285.22pt; padding-right: 0pt; padding-top: 3.5pt;">
<div style="margin-left: 10pt;">Gross realized gains</div>
</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="min-width: 3.75pt; text-align: right; padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.5pt;">​</td>
<td style="min-width: 19.5pt; text-align: right; padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3.5pt;">1,041</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="min-width: 3.75pt; text-align: right; padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.5pt;">​</td>
<td style="min-width: 19.5pt; text-align: right; padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3.5pt;">88</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="min-width: 3.75pt; text-align: right; padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.5pt;">​</td>
<td style="min-width: 21pt; text-align: right; padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3.5pt;">13</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
</tr>
<tr style="text-align: right; text-transform: none; background-color: #cceeff; font: 10pt/10pt 'times new roman', times, serif; white-space: nowrap; color: #000000; vertical-align: bottom;">
<td style="border-bottom: #cceeff 1px solid; text-align: left; padding-bottom: 2.5pt; padding-left: 0pt; width: 285.22pt; padding-right: 0pt; padding-top: 3.5pt;">
<div style="margin-left: 10pt;">Gross realized losses</div>
</td>
<td style="border-bottom: #cceeff 1px solid; width: 6pt; padding: 0pt;">​</td>
<td style="border-bottom: #cceeff 1px solid; width: 6pt; padding: 0pt;">​</td>
<td style="border-bottom: #cceeff 1px solid; width: 0pt; padding: 0pt;">​</td>
<td style="border-bottom: #000000 1px solid; min-width: 3.75pt; text-align: right; padding-bottom: 2.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.5pt;">​</td>
<td style="border-bottom: #000000 1px solid; min-width: 19.5pt; text-align: right; padding-bottom: 2.5pt; padding-left: 0pt; padding-right: 0pt;
white-space: nowrap; padding-top: 3.5pt;">(10<font style="position: absolute;">)</font></td>
<td style="border-bottom: #cceeff 1px solid; width: 0pt; padding: 0pt;">​</td>
<td style="border-bottom: #cceeff 1px solid; width: 6pt; padding: 0pt;">​</td>
<td style="border-bottom: #cceeff 1px solid; width: 6pt; padding: 0pt;">​</td>
<td style="border-bottom: #cceeff 1px solid; width: 0pt; padding: 0pt;">​</td>
<td style="border-bottom: #000000 1px solid; min-width: 3.75pt; text-align: right; padding-bottom: 2.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.5pt;">​</td>
<td style="border-bottom: #000000 1px solid; min-width: 19.5pt; text-align: right; padding-bottom: 2.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3.5pt;">(842<font style="position: absolute;">)</font></td>
<td style="border-bottom: #cceeff 1px solid; width: 0pt; padding: 0pt;">​</td>
<td style="border-bottom: #cceeff 1px solid; width: 6pt; padding: 0pt;">​</td>
<td style="border-bottom: #cceeff 1px solid; width: 6pt; padding: 0pt;">​</td>
<td style="border-bottom: #cceeff 1px solid; width: 0pt; padding: 0pt;">​</td>
<td style="border-bottom: #000000 1px solid; min-width: 3.75pt; text-align: right; padding-bottom: 2.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.5pt;">​</td>
<td style="border-bottom: #000000 1px solid; min-width: 21pt; text-align: right; padding-bottom: 2.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3.5pt;">(804<font style="position: absolute;">)</font></td>
<td style="border-bottom: #cceeff 1px solid; width: 0pt; padding: 0pt;">​</td>
<td style="border-bottom: #cceeff 1px solid; width: 0pt; padding: 0pt;">​</td>
</tr>
<tr style="text-align: right; text-transform: none; font: 10pt/10pt 'times new roman', times, serif; white-space: nowrap; color: #000000; vertical-align: bottom;">
<td style="text-align: left; padding-bottom: 0.5pt; padding-left: 0pt; width: 285.22pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="min-width: 3.75pt; text-align: right; padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.25pt;">​</td>
<td style="min-width: 19.5pt; text-align: right; padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3.25pt;">1,031</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="min-width: 3.75pt; text-align: right; padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.25pt;">​</td>
<td style="min-width: 19.5pt; text-align: right; padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3.25pt;">(754<font style="position: absolute;">)</font></td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="min-width: 3.75pt; text-align: right; padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.25pt;">​</td>
<td style="min-width: 21pt; text-align: right; padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3.25pt;">(791<font style="position: absolute;">)</font></td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
</tr>
<tr style="text-align: left; text-transform: none; background-color: #cceeff; font: 10pt/10pt 'times new roman', times, serif; white-space: nowrap; color: #000000; vertical-align: bottom;">
<td style="padding-bottom: 0.5pt; padding-left: 0pt; width: 285.22pt; padding-right: 0pt; padding-top: 3.5pt;">Bank loan participations:</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td colspan="6">​</td>
<td colspan="6">​</td>
<td colspan="6">​</td>
</tr>
<tr style="text-align: right; text-transform: none; font: 10pt/10pt 'times new roman', times, serif; white-space: nowrap; color: #000000; vertical-align: bottom;">
<td style="text-align: left; padding-bottom: 0.5pt; padding-left: 0pt; width: 285.22pt; padding-right: 0pt; padding-top: 3.5pt;">
<div style="margin-left: 10pt;">Gross realized gains</div>
</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="min-width: 3.75pt; text-align: right; padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.5pt;">​</td>
<td style="min-width: 19.5pt; text-align: right; padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3.5pt;">1,269</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="min-width: 3.75pt; text-align: right; padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.5pt;">​</td>
<td style="min-width: 19.5pt; text-align: right; padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3.5pt;">2,178</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="min-width: 3.75pt; text-align: right; padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.5pt;">​</td>
<td style="min-width: 21pt; text-align: right; padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3.5pt;">2,549</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
</tr>
<tr style="text-align: right; text-transform: none; background-color: #cceeff; font: 10pt/10pt 'times new roman', times, serif; white-space: nowrap; color: #000000; vertical-align: bottom;">
<td style="border-bottom: #cceeff 1px solid; text-align: left; padding-bottom: 2.5pt; padding-left: 0pt; width: 285.22pt; padding-right: 0pt; padding-top: 3.5pt;">
<div style="margin-left: 10pt;">Gross realized losses</div>
</td>
<td style="border-bottom: #cceeff 1px solid; width: 6pt; padding: 0pt;">​</td>
<td style="border-bottom: #cceeff 1px solid; width: 6pt; padding: 0pt;">​</td>
<td style="border-bottom: #cceeff 1px solid; width: 0pt; padding: 0pt;">​</td>
<td style="border-bottom: #000000 1px solid; min-width: 3.75pt; text-align: right; padding-bottom: 2.5pt; padding-left: 0pt;
padding-right: 0pt; padding-top: 3.5pt;">​</td>
<td style="border-bottom: #000000 1px solid; min-width: 19.5pt; text-align: right; padding-bottom: 2.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3.5pt;">(8,258<font style="position: absolute;">)</font></td>
<td style="border-bottom: #cceeff 1px solid; width: 0pt; padding: 0pt;">​</td>
<td style="border-bottom: #cceeff 1px solid; width: 6pt; padding: 0pt;">​</td>
<td style="border-bottom: #cceeff 1px solid; width: 6pt; padding: 0pt;">​</td>
<td style="border-bottom: #cceeff 1px solid; width: 0pt; padding: 0pt;">​</td>
<td style="border-bottom: #000000 1px solid; min-width: 3.75pt; text-align: right; padding-bottom: 2.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.5pt;">​</td>
<td style="border-bottom: #000000 1px solid; min-width: 19.5pt; text-align: right; padding-bottom: 2.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3.5pt;">(1,211<font style="position: absolute;">)</font></td>
<td style="border-bottom: #cceeff 1px solid; width: 0pt; padding: 0pt;">​</td>
<td style="border-bottom: #cceeff 1px solid; width: 6pt; padding: 0pt;">​</td>
<td style="border-bottom: #cceeff 1px solid; width: 6pt; padding: 0pt;">​</td>
<td style="border-bottom: #cceeff 1px solid; width: 0pt; padding: 0pt;">​</td>
<td style="border-bottom: #000000 1px solid; min-width: 3.75pt; text-align: right; padding-bottom: 2.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.5pt;">​</td>
<td style="border-bottom: #000000 1px solid; min-width: 21pt; text-align: right; padding-bottom: 2.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3.5pt;">(675<font style="position: absolute;">)</font></td>
<td style="border-bottom: #cceeff 1px solid; width: 0pt; padding: 0pt;">​</td>
<td style="border-bottom: #cceeff 1px solid; width: 0pt; padding: 0pt;">​</td>
</tr>
<tr style="text-align: right; text-transform: none; font: 10pt/10pt 'times new roman', times, serif; white-space: nowrap; color: #000000; vertical-align: bottom;">
<td style="text-align: left; padding-bottom: 0.5pt; padding-left: 0pt; width: 285.22pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="min-width: 3.75pt; text-align: right; padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.25pt;">​</td>
<td style="min-width: 19.5pt; text-align: right; padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3.25pt;">(6,989<font style="position: absolute;">)</font></td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="min-width: 3.75pt; text-align: right; padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.25pt;">​</td>
<td style="min-width: 19.5pt; text-align: right; padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3.25pt;">967</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="min-width: 3.75pt; text-align: right; padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.25pt;">​</td>
<td style="min-width: 21pt; text-align: right; padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3.25pt;">1,874</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
</tr>
<tr style="text-align: left; text-transform: none; background-color: #cceeff; font: 10pt/10pt 'times new roman', times, serif; white-space: nowrap; color: #000000; vertical-align: bottom;">
<td style="padding-bottom: 0.5pt; padding-left: 0pt; width: 285.22pt; padding-right: 0pt; padding-top: 3.5pt;">Short-term investments and other:</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td colspan="6">​</td>
<td colspan="6">​</td>
<td colspan="6">​</td>
</tr>
<tr style="text-align: right; text-transform: none; font: 10pt/10pt 'times new roman', times, serif; white-space: nowrap; color: #000000; vertical-align: bottom;">
<td style="text-align: left; padding-bottom: 0.5pt; padding-left: 0pt; width: 285.22pt; padding-right: 0pt; padding-top: 3.5pt;">
<div style="margin-left: 10pt;">Gross realized gains</div>
</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="min-width: 3.75pt; text-align: right; padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.5pt;">​</td>
<td style="min-width: 19.5pt; text-align: right; padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3.5pt;">54</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="min-width: 3.75pt; text-align: right; padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.5pt;">​</td>
<td style="min-width: 19.5pt; text-align: right; padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3.5pt;">1,371</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="min-width: 3.75pt; text-align: right; padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.5pt;">​</td>
<td style="min-width: 21pt; text-align: right; padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3.5pt;">12</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
</tr>
<tr style="text-align: right; text-transform: none; background-color: #cceeff; font: 10pt/10pt 'times new roman', times, serif; white-space: nowrap; color: #000000; vertical-align: bottom;">
<td style="border-bottom: #cceeff 1px solid; text-align: left; padding-bottom: 2.5pt; padding-left: 0pt; width: 285.22pt; padding-right: 0pt; padding-top: 3.5pt;">
<div style="margin-left: 10pt;">Gross realized losses</div>
</td>
<td style="border-bottom: #cceeff 1px solid; width: 6pt; padding: 0pt;">​</td>
<td style="border-bottom: #cceeff 1px solid; width: 6pt; padding: 0pt;">​</td>
<td style="border-bottom: #cceeff 1px solid;
width: 0pt; padding: 0pt;">​</td>
<td style="border-bottom: #000000 1px solid; min-width: 3.75pt; text-align: right; padding-bottom: 2.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.5pt;">​</td>
<td style="border-bottom: #000000 1px solid; min-width: 19.5pt; text-align: right; padding-bottom: 2.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3.5pt;">(14<font style="position: absolute;">)</font></td>
<td style="border-bottom: #cceeff 1px solid; width: 0pt; padding: 0pt;">​</td>
<td style="border-bottom: #cceeff 1px solid; width: 6pt; padding: 0pt;">​</td>
<td style="border-bottom: #cceeff 1px solid; width: 6pt; padding: 0pt;">​</td>
<td style="border-bottom: #cceeff 1px solid; width: 0pt; padding: 0pt;">​</td>
<td style="border-bottom: #000000 1px solid; min-width: 3.75pt; text-align: right; padding-bottom: 2.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.5pt;">​</td>
<td style="border-bottom: #000000 1px solid; min-width: 19.5pt; text-align: right; padding-bottom: 2.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3.5pt;">(1,940<font style="position: absolute;">)</font></td>
<td style="border-bottom: #cceeff 1px solid; width: 0pt; padding: 0pt;">​</td>
<td style="border-bottom: #cceeff 1px solid; width: 6pt; padding: 0pt;">​</td>
<td style="border-bottom: #cceeff 1px solid; width: 6pt; padding: 0pt;">​</td>
<td style="border-bottom: #cceeff 1px solid; width: 0pt; padding: 0pt;">​</td>
<td style="border-bottom: #000000 1px solid; min-width: 3.75pt; text-align: right; padding-bottom: 2.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.5pt;">​</td>
<td style="border-bottom: #000000 1px solid; min-width: 21pt; text-align: right; padding-bottom: 2.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3.5pt;">—</td>
<td style="border-bottom: #cceeff 1px solid; width: 0pt; padding: 0pt;">​</td>
<td style="border-bottom: #cceeff 1px solid; width: 0pt; padding: 0pt;">​</td>
</tr>
<tr style="text-align: right; text-transform: none; font: 10pt/10pt 'times new roman', times, serif; white-space: nowrap; color: #000000; vertical-align: bottom;">
<td style="border-bottom: #ffffff 1px solid; text-align: left; padding-bottom: 0.5pt; padding-left: 0pt; width: 285.22pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="border-bottom: #ffffff 1px solid; width: 6pt; padding: 0pt;">​</td>
<td style="border-bottom: #ffffff 1px solid; width: 6pt; padding: 0pt;">​</td>
<td style="border-bottom: #ffffff 1px solid; width: 0pt; padding: 0pt;">​</td>
<td style="border-bottom: #000000 1px solid; min-width: 3.75pt; text-align: right; padding-bottom: 2.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.25pt;">​</td>
<td style="border-bottom: #000000 1px solid; min-width: 19.5pt; text-align: right; padding-bottom: 2.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3.25pt;">40</td>
<td style="border-bottom: #ffffff 1px solid; width: 0pt; padding: 0pt;">​</td>
<td style="border-bottom: #ffffff 1px solid; width: 6pt; padding: 0pt;">​</td>
<td style="border-bottom: #ffffff 1px solid; width: 6pt; padding: 0pt;">​</td>
<td style="border-bottom: #ffffff 1px solid; width: 0pt; padding: 0pt;">​</td>
<td style="border-bottom: #000000 1px solid; min-width: 3.75pt; text-align: right; padding-bottom: 2.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.25pt;">​</td>
<td style="border-bottom: #000000 1px solid; min-width: 19.5pt; text-align: right; padding-bottom: 2.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3.25pt;">(569<font style="position: absolute;">)</font></td>
<td style="border-bottom: #ffffff 1px solid; width: 0pt; padding: 0pt;">​</td>
<td style="border-bottom: #ffffff 1px solid; width: 6pt; padding: 0pt;">​</td>
<td style="border-bottom: #ffffff 1px solid; width: 6pt; padding: 0pt;">​</td>
<td style="border-bottom: #ffffff 1px solid; width: 0pt; padding: 0pt;">​</td>
<td style="border-bottom: #000000 1px solid; min-width: 3.75pt; text-align: right; padding-bottom: 2.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.25pt;">​</td>
<td style="border-bottom: #000000 1px solid; min-width: 21pt; text-align: right; padding-bottom: 2.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3.25pt;">12</td>
<td style="border-bottom: #ffffff 1px solid; width: 0pt; padding: 0pt;">​</td>
<td style="border-bottom: #ffffff 1px solid; width: 0pt; padding: 0pt;">​</td>
</tr>
<tr style="text-align: right; text-transform: none; background-color: #cceeff; font: 10pt/10pt 'times new roman', times, serif; white-space: nowrap; color: #000000; vertical-align: bottom;">
<td style="text-align: left; padding-bottom: 2.75pt; padding-left: 0pt; width: 285.22pt; padding-right: 0pt; padding-top: 3.25pt;">
<div style="white-space: nowrap;">Total</div>
</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="border-bottom: #000000 3px double; min-width: 3.75pt; text-align: right; padding-bottom: 2pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.25pt;">$</td>
<td style="border-bottom: #000000 3px double; min-width: 19.5pt; text-align: right; padding-bottom: 2pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3.25pt;">(4,547<font style="position: absolute;">)</font></td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="border-bottom: #000000 3px double; min-width: 3.75pt; text-align: right; padding-bottom: 2pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.25pt;">$</td>
<td style="border-bottom: #000000 3px double; min-width: 19.5pt; text-align: right; padding-bottom: 2pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3.25pt;">(1,336<font style="position: absolute;">)</font></td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="border-bottom: #000000 3px double; min-width: 3.75pt; text-align: right; padding-bottom: 2pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.25pt;">$</td>
<td style="border-bottom: #000000 3px double; min-width: 21pt; text-align: right; padding-bottom: 2pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3.25pt;">12,619</td>
</tr>
</table>
<table style="widows: 1; text-transform: none; margin-top: 8pt; text-indent: 0px; width: 80%; border-collapse: collapse; font: 13px 'times new roman', times, serif; white-space: normal; letter-spacing: normal; height: 167px; color: #000000; word-spacing: 0px; -webkit-text-stroke-width: 0px;" border="0">
<tr style="text-align: center; text-transform: none; font: bold 8pt/8pt 'times new roman', times, serif; white-space: nowrap; color: #000000; vertical-align: bottom;">
<td style="border-bottom: #ffffff 1px solid; text-align: left; padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="border-bottom: #ffffff 1px solid; padding: 0pt;">​</td>
<td style="border-bottom: #ffffff 1px solid; padding: 0pt;">​</td>
<td style="border-bottom: #ffffff 1px solid; padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="border-bottom: #ffffff 1px solid; padding: 0pt;">​</td>
<td style="border-bottom: #ffffff 1px solid; padding: 0pt;">​</td>
<td style="border-bottom: #ffffff 1px solid; padding: 0pt;">​</td>
<td style="border-bottom: #ffffff 1px solid; padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="border-bottom: #ffffff 1px solid; padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 0pt;">​</td>
<td style="border-bottom: #ffffff 1px solid; padding: 0pt;">​</td>
<td style="border-bottom: #ffffff 1px solid; padding: 0pt;">​</td>
<td style="border-bottom: #ffffff 1px solid; padding: 0pt;">​</td>
<td style="border-bottom: #000000 1px solid; padding-bottom: 2.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 0pt;" colspan="16">
<div style="text-align: center; white-space: nowrap;">Investment Income</div>
</td>
<td style="border-bottom: #ffffff 1px solid; padding: 0pt;">​</td>
</tr>
<tr style="text-align: center; text-transform: none; font: bold 8pt/8pt 'times new roman', times, serif; white-space: nowrap; height: 5pt; color: #000000; vertical-align: bottom;">
<td style="border-bottom: #ffffff 1px solid; text-align: left; padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="border-bottom: #ffffff 1px solid; padding: 0pt;">​</td>
<td style="border-bottom: #ffffff 1px solid; padding: 0pt;">​</td>
<td style="border-bottom: #000000 1px solid; padding-bottom: 2.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.25pt;" colspan="7">
<div style="text-align: center; white-space: nowrap;">Carrying Value</div>
</td>
<td style="border-bottom: #ffffff 1px solid; padding: 0pt;">​</td>
<td style="border-bottom: #ffffff 1px solid; padding: 0pt;" rowspan="2">​</td>
<td style="border-bottom: #000000 1px solid; padding-bottom: 2.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.25pt;" rowspan="2" colspan="16">
<div style="text-align: center; padding-bottom: 0pt; line-height: 9pt;">Year Ended <br />December 31,</div>
</td>
<td style="border-bottom: #ffffff 1px solid; padding: 0pt;" rowspan="2">​</td>
</tr>
<tr style="text-align: left; text-transform: none; font: bold 8pt/8pt 'times new roman', times, serif; white-space: nowrap; height: 0pt; color: #000000; vertical-align: bottom;">
<td style="border-bottom: #ffffff 1px solid; padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="border-bottom: #ffffff 1px solid; padding: 0pt;">​</td>
<td style="border-bottom: #ffffff 1px solid; padding: 0pt;">​</td>
<td style="border-bottom: #000000 1px solid; text-align: center; padding-bottom: 2.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.25pt;" colspan="7">
<div style="text-align: center; white-space: nowrap;">December 31,</div>
</td>
<td style="border-bottom: #ffffff 1px solid; padding: 0pt;">​</td>
<td colspan="6">​</td>
<td colspan="6">​</td>
</tr>
<tr style="text-align: center; text-transform: none; font: bold 8pt/8pt 'times new roman', times, serif; white-space: nowrap; color: #000000; vertical-align: bottom;">
<td style="border-bottom: #ffffff 1px solid; text-align: left; padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="border-bottom: #ffffff 1px solid; padding: 0pt;">​</td>
<td style="border-bottom: #ffffff 1px solid; padding: 0pt;">​</td>
<td style="border-bottom: #000000 1px solid; padding-bottom: 2.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.25pt;">
<div style="text-align: center; white-space: nowrap;">2015</div>
</td>
<td style="border-bottom: #ffffff 1px solid; padding: 0pt;">​</td>
<td style="border-bottom: #ffffff 1px solid; padding: 0pt;">​</td>
<td style="border-bottom: #000000 1px solid; padding-bottom: 2.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.25pt;" colspan="4">
<div style="text-align: center; white-space: nowrap;">2014</div>
</td>
<td style="border-bottom: #ffffff 1px solid; padding: 0pt;">​</td>
<td style="border-bottom: #ffffff 1px solid; padding: 0pt;">​</td>
<td style="border-bottom: #000000 1px solid; padding-bottom: 2.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.25pt;" colspan="4">
<div style="text-align: center; white-space: nowrap;">2015</div>
</td>
<td style="border-bottom: #ffffff 1px solid; padding: 0pt;">​</td>
<td style="border-bottom: #ffffff 1px solid; padding: 0pt;">​</td>
<td style="border-bottom: #000000 1px solid; padding-bottom: 2.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.25pt;" colspan="4">
<div style="text-align: center; white-space: nowrap;">2014</div>
</td>
<td style="border-bottom: #ffffff 1px solid; padding: 0pt;">​</td>
<td style="border-bottom: #ffffff 1px solid; padding: 0pt;">​</td>
<td style="border-bottom: #000000 1px solid; padding-bottom: 2.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.25pt;" colspan="4">
<div style="text-align: center; white-space: nowrap;">2013</div>
</td>
<td style="border-bottom: #ffffff 1px solid; padding: 0pt;">​</td>
</tr>
<tr style="text-align: center; text-transform: none; font: bold italic 8pt/8pt 'times new roman', times, serif; white-space: nowrap; color: #000000; vertical-align: bottom;">
<td style="text-align: left; padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.25pt;" colspan="7">
<div style="text-align: center; white-space: nowrap;">(in thousands)</div>
</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.25pt;" colspan="16">
<div style="text-align: center; white-space: nowrap;">(in thousands)</div>
</td>
<td style="padding: 0pt;">​</td>
</tr>
<tr style="text-align: left; text-transform: none; background-color: #cceeff; font: 10pt/10pt 'times new roman', times, serif; white-space: nowrap; color: #000000; vertical-align: bottom;">
<td style="padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.5pt;">Category:</td>
<td style="padding: 0pt;">​</td>
<td colspan="3">​</td>
<td colspan="6">​</td>
<td colspan="6">​</td>
<td colspan="6">​</td>
<td colspan="6">​</td>
</tr>
<tr style="text-align: right; text-transform: none; font: 10pt/10pt 'times new roman', times, serif; white-space: nowrap; color: #000000; vertical-align: bottom;">
<td style="text-align: left; padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.5pt;">
<div style="white-space: nowrap;">Renewable energy LLCs<font style="position: relative; bottom: 4.25pt; font-size: 7.5pt;">(a)</font></div>
</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="text-align: center; padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.5pt;">
<div style="text-align: center;">$26,001</div>
</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.5pt;">$</td>
<td style="padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3.5pt;">25,119</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.5pt;">$</td>
<td style="padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3.5pt;">3,936</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.5pt;">$</td>
<td style="padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3.5pt;">5,234</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.5pt;">$</td>
<td style="padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3.5pt;">4,310</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
</tr>
<tr style="text-align: right; text-transform: none; background-color: #cceeff; font: 10pt/10pt 'times new roman', times, serif; white-space: nowrap; color: #000000; vertical-align: bottom;">
<td style="text-align: left; padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.5pt;">
<div style="white-space: nowrap;">Renewable energy bridge financing notes<font style="position: relative; bottom: 4.25pt; font-size: 7.5pt;">(b)</font></div>
</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="text-align: center; padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.5pt;">
<div style="text-align: center;">6,500</div>
</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.5pt;">​</td>
<td style="padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3.5pt;">—</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.5pt;">​</td>
<td style="padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3.5pt;">3,136</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.5pt;">​</td>
<td style="padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3.5pt;">—</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.5pt;">​</td>
<td style="padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3.5pt;">—</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
</tr>
<tr style="text-align: right; text-transform: none; font: 10pt/10pt 'times new roman', times, serif; white-space: nowrap; color: #000000; vertical-align: bottom;">
<td style="text-align: left; padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.5pt;">
<div style="white-space: nowrap;">Limited partnerships<font style="position: relative; bottom: 4.25pt; font-size: 7.5pt;">(c)</font><font style="font-size: 7.5pt;"></font></div>
</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="text-align: center; padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.5pt;">
<div style="text-align: center;">17,503</div>
</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.5pt;">​</td>
<td style="padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3.5pt;">4,003</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.5pt;">​</td>
<td style="padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3.5pt;">(1,468<font style="position: absolute;">)</font></td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.5pt;">​</td>
<td style="padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3.5pt;">(128<font style="position: absolute;">)</font></td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.5pt;">​</td>
<td style="padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3.5pt;">131</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
</tr>
<tr style="text-align: right; text-transform: none; background-color: #cceeff; font: 10pt/10pt 'times new roman', times, serif; white-space: nowrap; color: #000000; vertical-align: bottom;">
<td style="text-align: left; padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.5pt;">
<div style="white-space: nowrap;">Bank holding companies<font style="position: relative; bottom: 4.25pt; font-size: 7.5pt;">(d)</font></div>
</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="text-align: center; padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.5pt;">
<div style="text-align: center;">4,500</div>
</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.5pt;">​</td>
<td style="padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3.5pt;">4,500</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.5pt;">​</td>
<td style="padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3.5pt;">343</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.5pt;">​</td>
<td style="padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3.5pt;">400</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.5pt;">​</td>
<td style="padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3.5pt;">275</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
</tr>
<tr style="text-align: right; text-transform: none; font: 10pt/10pt 'times new roman', times, serif; white-space: nowrap; color: #000000; vertical-align: bottom;">
<td style="border-bottom: #ffffff 1px solid; text-align: left; padding-bottom: 2.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.5pt;">Other<font style="position: relative; bottom: 4.25pt; font-size: 7.5pt;">(e)</font></td>
<td style="border-bottom: #ffffff 1px solid; padding: 0pt;">​</td>
<td style="border-bottom: #ffffff 1px solid; padding: 0pt;">​</td>
<td style="border-bottom: #000000 1px solid; text-align: center; padding-bottom: 2.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.5pt;">
<div style="text-align: center;">       —</div>
</td>
<td style="border-bottom: #ffffff 1px solid; padding: 0pt;">​</td>
<td style="border-bottom: #ffffff 1px solid; padding: 0pt;">​</td>
<td style="border-bottom: #ffffff 1px solid; padding: 0pt;">​</td>
<td style="border-bottom: #000000 1px solid; padding-bottom: 2.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.5pt;">​</td>
<td style="border-bottom: #000000 1px solid; padding-bottom: 2.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3.5pt;">—</td>
<td style="border-bottom: #ffffff 1px solid; padding: 0pt;">​</td>
<td style="border-bottom: #ffffff 1px solid; padding: 0pt;">​</td>
<td style="border-bottom: #ffffff 1px solid; padding: 0pt;">​</td>
<td style="border-bottom: #ffffff 1px solid; padding: 0pt;">​</td>
<td style="border-bottom: #000000 1px solid; padding-bottom: 2.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.5pt;">​</td>
<td style="border-bottom: #000000 1px solid; padding-bottom: 2.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3.5pt;">—</td>
<td style="border-bottom: #ffffff 1px solid; padding: 0pt;">​</td>
<td style="border-bottom: #ffffff 1px solid; padding: 0pt;">​</td>
<td style="border-bottom: #ffffff 1px solid; padding: 0pt;">​</td>
<td style="border-bottom: #ffffff 1px solid; padding: 0pt;">​</td>
<td style="border-bottom: #000000 1px solid; padding-bottom: 2.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.5pt;">​</td>
<td style="border-bottom: #000000 1px solid; padding-bottom: 2.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3.5pt;">184</td>
<td style="border-bottom: #ffffff 1px solid; padding: 0pt;">​</td>
<td style="border-bottom: #ffffff 1px solid; padding: 0pt;">​</td>
<td style="border-bottom: #ffffff 1px solid; padding: 0pt;">​</td>
<td style="border-bottom: #ffffff 1px solid; padding: 0pt;">​</td>
<td style="border-bottom: #000000 1px solid; padding-bottom: 2.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.5pt;">​</td>
<td style="border-bottom: #000000 1px solid; padding-bottom: 2.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3.5pt;">407</td>
<td style="border-bottom: #ffffff 1px solid; padding: 0pt;">​</td>
<td style="border-bottom: #ffffff 1px solid; padding: 0pt;">​</td>
</tr>
<tr style="text-align: right; text-transform: none; background-color: #cceeff; font: 10pt/10pt 'times new roman', times, serif; white-space: nowrap; color: #000000; vertical-align: bottom;">
<td style="text-align: left; padding-bottom: 2.75pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.25pt;">
<div style="white-space: nowrap;">Total other invested assets</div>
</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="border-bottom: #000000 3px double; text-align: center; padding-bottom: 2pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.25pt;">
<div style="text-align: center;">$54,504</div>
</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="border-bottom: #000000 3px double; padding-bottom: 2pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.25pt;">$</td>
<td style="border-bottom: #000000 3px double; padding-bottom: 2pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3.25pt;">33,622</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="border-bottom: #000000 3px double; padding-bottom: 2pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.25pt;">$</td>
<td style="border-bottom: #000000 3px double; padding-bottom: 2pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3.25pt;">5,947</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="border-bottom: #000000 3px double; padding-bottom: 2pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.25pt;">$</td>
<td style="border-bottom: #000000 3px double; padding-bottom: 2pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3.25pt;">5,690</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="border-bottom: #000000 3px double; padding-bottom: 2pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.25pt;">$</td>
<td style="border-bottom: #000000 3px double; padding-bottom: 2pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3.25pt;">5,123</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
</tr>
<tr style="line-height: 4pt; height: 4pt;">
<td style="line-height: 0pt; font-size: 0pt; padding: 0pt;" colspan="33">​</td>
</tr>
</table>
<p style="text-align: left; widows: 1; text-transform: none; margin-top: 5.01pt; text-indent: -30px; font: 13px/12pt 'times new roman', times, serif; white-space: normal; margin-bottom: 0pt; letter-spacing: normal; color: #000000; margin-left: 30px; word-spacing: 0px; -webkit-text-stroke-width: 0px;">(a)     The Company’s Corporate and Other segment owns equity interests ranging from 2.7% to 33.3% in various LLCs whose principal objective is capital appreciation and income generation from owning and operating renewable energy production facilities (wind and solar). The LLCs are managed by an affiliate of the Company’s largest shareholder and the Company’s Chairman and Chief Executive Officer has invested in certain of these LLCs. The equity method is used to account for the Company’s LLC investments. Income for the LLCs primarily reflects adjustments to the carrying values of investments in renewable energy projects to their determined fair values. The fair value adjustments are included in revenues for the LLCs. Expenses for the LLCs are not significant and are comprised of administrative and interest expenses. The Company received cash distributions from these investments totaling $3.1 million and $3.9 million for the years ended December 31, 2015 and 2014, respectively. In March 2014, the Company sold its interest in one of the LLCs for $5.9 million and a $1.9 million realized loss was recognized on the sale. Prior to the sale, investment income of  $3.6 million was recognized on this investment in the three months ended March 31, 2014.</p>
<p style="widows: 1; text-transform: none; text-indent: 0px; margin: 0pt; font: 0pt/0pt 'times new roman', times, serif; white-space: normal; letter-spacing: normal; color: #000000; clear: both; word-spacing: 0px; -webkit-text-stroke-width: 0px; padding: 0pt;">​</p>
<p style="text-align: left; widows: 1; text-transform: none; margin-top: 5.01pt; text-indent: -30px; font: 13px/12pt 'times new roman', times, serif; white-space: normal; margin-bottom: 0pt; letter-spacing: normal; color: #000000; margin-left: 30px; word-spacing: 0px; -webkit-text-stroke-width: 0px;">(b)     The Company owns investments in bridge loans for renewable energy projects. The notes, all with affiliates of the Company’s largest shareholder, generally mature in less than one year and carry primarily variable rates of interest ranging from 7.3% to 15.0%. Original discounts and commitment fees received are recognized over the terms of the notes under the effective interest method. During the year ended December 31, 2015, the Company invested a total of  $36.3 million in these notes and received maturities and repayments totaling $30.8 million.</p>
<p style="widows: 1; text-transform: none; text-indent: 0px; margin: 0pt; font: 0pt/0pt 'times new roman', times, serif; white-space: normal; letter-spacing: normal; color: #000000; clear: both; word-spacing: 0px; -webkit-text-stroke-width: 0px; padding: 0pt;">​</p>
<p style="text-align: left; widows: 1; text-transform: none; margin-top: 5.01pt; text-indent: -30px; font: 13px/12pt 'times new roman', times, serif; white-space: normal; margin-bottom: 0pt; letter-spacing: normal; color: #000000; margin-left: 30px; word-spacing: 0px; -webkit-text-stroke-width: 0px;">(c)     The Company owns investments in limited partnerships that invest in concentrated portfolios of high yield bonds of companies undergoing financial stress, publicly-traded small cap equities, loans of middle market private equity sponsored companies, and equity tranches of collateralized loan obligations (CLOs). Income from the partnerships is recognized under the equity method of accounting. The Company’s Corporate and Other segment held investments in limited partnerships of $2.2 million and $4.0 million at December 31, 2015 and 2014, and recognized investment losses of $510,000 and $128,000 for the years ended December 31, 2015 and 2014, respectively, and investment income of  $131,000 for the year ended December 31, 2013. The Chairman and Chief Executive Officer of the Company is an investor in one limited partnership held by the Corporate & Other segment. The Company’s Excess and Surplus Lines segment holds investments in limited partnerships of  $15.3 million at December 31, 2015. Investment losses of  $958,000 were recognized on the investments for the year ended December 31, 2015. At December 31, 2015, the Company’s Excess and Surplus Lines segment has an outstanding commitment to invest another $3.6 million in a limited partnership that invests in loans of middle market private equity sponsored companies.</p>
<p style="widows: 1; text-transform: none; text-indent: 0px; margin: 0pt; font: 0pt/0pt 'times new roman', times, serif; white-space: normal; letter-spacing: normal; color: #000000; clear: both; word-spacing: 0px; -webkit-text-stroke-width: 0px; padding: 0pt;">​</p>
<p style="text-align: left; widows: 1; text-transform: none; margin-top: 5.01pt; text-indent: -30px; font: 13px/12pt 'times new roman', times, serif; white-space: normal; margin-bottom: 0pt; letter-spacing: normal; color: #000000; margin-left: 30px; word-spacing: 0px; -webkit-text-stroke-width: 0px;">(d)     Net investment income for the years ended December 31, 2014 and 2013 includes $57,000 and $143,000, respectively, related to a previously held equity investment in a bank holding company (“Predecessor Bank Holding Company”). On July 4, 2014, the Predecessor Bank Holding Company merged with and into another bank holding company (the “Surviving Bank Holding Company”). In exchange for its shares of the Predecessor Bank Holding Company, the Company received $354,000 in cash and $6.4 million of common shares in the Surviving Bank Holding Company, and the realized investment gain on the exchange was $1.4 million. The common shares of the Surviving Bank Holding Company are carried as available for-sale equity securities as they are publicly-traded and the Company does not have significant influence over the Surviving Bank Holding Company.</p>
<p style="widows: 1; text-transform: none; text-indent: 0px; margin: 0pt; font: 0pt/0pt 'times new roman', times, serif; white-space: normal; letter-spacing: normal; color: #000000; clear: both; word-spacing: 0px; -webkit-text-stroke-width: 0px; padding: 0pt;">​</p>
<p style="widows: 1; text-transform: none; margin-top: 6pt; text-indent: 0px; font: 13px/12pt 'times new roman', times, serif; white-space: normal; letter-spacing: normal; color: #000000; margin-left: 20pt; word-spacing: 0px; -webkit-text-stroke-width: 0px;">The Company also holds $4.5 million of subordinated notes issued by a company that was substantially owned by the Predecessor Bank Holding Company (the “Bank Affiliate”). The $4.5 million of subordinated notes issued by the Bank Affiliate became debt of the Surviving Bank Holding Company. Interest on the notes, which mature on August 12, 2023, is fixed at 7.6% per annum. Interest income on the notes was $343,000 in both years ended December 31, 2015 and 2014.</p>
<p style="widows: 1; text-transform: none; margin-top: 6pt; text-indent: 0px; font: 13px/12pt 'times new roman', times, serif; white-space: normal; letter-spacing: normal; color: #000000; margin-left: 20pt; word-spacing: 0px; -webkit-text-stroke-width: 0px;">The Chairman and Chief Executive Officer of the Company previously served as Chairman of the Predecessor Bank Holding Company and the Bank Affiliate. Effective July 4, 2014, the Company’s Chairman and Chief Executive Officer became the Lead Independent Director of the Surviving Bank Holding Company. The Chairman and Chief Executive Officer of the Company is a former investor in the Predecessor Bank Holding Company and is now an investor in the Surviving Bank Holding Company. Additionally, one of the Company’s directors is a former investor in the Bank Holding Company and is now an investor in the Surviving Bank Holding Company. In addition, this director was a lender to the Bank Affiliate and is now a lender to the Surviving Bank Holding Company. The Company’s Chief Financial Officer is a former investor in the Predecessor Bank Holding Company and the Surviving Bank Holding Company.</p>
<p style="text-align: left; widows: 1; text-transform: none; margin-top: 5.01pt; text-indent: -30px; font: 13px/12pt 'times new roman', times, serif; white-space: normal; margin-bottom: 0pt; letter-spacing: normal; color: #000000; margin-left: 30px; word-spacing: 0px; -webkit-text-stroke-width: 0px;">(e)     For the years ended December 31, 2014 and 2013, income of  $184,000 and $415,000, respectively, was recognized on a $3.3 million note agreement with two property development companies. The note, which carried a fixed interest rate of 11.10%, was repaid in full on July 3, 2014. The Bank Holding Company also entered into note agreements with the same property development companies.</p>
<table style="widows: 1; text-transform: none; margin-top: 2pt; text-indent: 0px; width: 80%; border-collapse: collapse; font: 13px 'times new roman', times, serif; white-space: normal; letter-spacing: normal; height: 182px; color: #000000; word-spacing: 0px; -webkit-text-stroke-width: 0px;" border="0">
<tr style="text-align: center; text-transform: none; font: bold 8pt/8pt 'times new roman', times, serif; white-space: nowrap; height: 9.25pt; color: #000000; vertical-align: bottom;">
<td style="border-bottom: #ffffff 1px solid; text-align: left; padding-bottom: 0.5pt; padding-left: 0pt; width: 193.47pt; padding-right: 0pt; padding-top: 0pt;" rowspan="3">​</td>
<td style="border-bottom: #ffffff 1px solid; width: 6pt; padding: 0pt;" rowspan="3">​</td>
<td style="border-bottom: #ffffff 1px solid; width: 6pt; padding: 0pt;" rowspan="3">​</td>
<td style="border-bottom: #000000 1px solid; padding-bottom: 2.5pt; padding-left: 0pt; width: 41.43pt; padding-right: 0pt; padding-top: 0pt;" rowspan="3">
<div style="text-align: center; padding-bottom: 0.333pt; line-height: 9pt;">Weighted-<br />Average <br />Life <br />(Years)</div>
</td>
<td style="border-bottom: #ffffff 1px solid; width: 6pt; padding: 0pt;" rowspan="3">​</td>
<td style="border-bottom: #ffffff 1px solid; width: 6pt; padding: 0pt;">​</td>
<td style="border-bottom: #000000 1px solid; padding-bottom: 2.5pt; padding-left: 0pt; width: 0pt; padding-right: 0pt; padding-top: 0pt;" colspan="22">
<div style="text-align: center; white-space: nowrap;">December 31,</div>
</td>
<td style="border-bottom: #ffffff 1px solid; width: 0pt; padding: 0pt;">​</td>
</tr>
<tr style="text-align: center; text-transform: none; font: bold 8pt/8pt 'times new roman', times, serif; white-space: nowrap; height: 0pt; color: #000000; vertical-align: bottom;">
<td style="border-bottom: #ffffff 1px solid; width: 6pt; padding: 0pt;">​</td>
<td style="border-bottom: #000000 1px solid; padding-bottom: 2.5pt; padding-left: 0pt; width: 0pt; padding-right: 0pt; padding-top: 3.25pt;" colspan="10">
<div style="text-align: center; white-space: nowrap;">2015</div>
</td>
<td style="border-bottom: #ffffff 1px solid; width: 6pt; padding: 0pt;">​</td>
<td style="border-bottom: #ffffff 1px solid; width: 6pt; padding: 0pt;">​</td>
<td style="border-bottom: #000000 1px solid; padding-bottom: 2.5pt; padding-left: 0pt; width: 0pt; padding-right: 0pt; padding-top: 3.25pt;" colspan="10">
<div style="text-align: center; white-space: nowrap;">2014</div>
</td>
<td style="border-bottom: #ffffff 1px solid; width: 0pt; padding: 0pt;">​</td>
</tr>
<tr style="text-align: center; text-transform: none; font: bold 8pt/9pt 'times new roman', times, serif; white-space: nowrap; height: 0pt; color: #000000; vertical-align: bottom;">
<td style="border-bottom: #ffffff 1px solid; width: 6pt; padding: 0pt;">​</td>
<td style="border-bottom: #000000 1px solid; padding-bottom: 2.167pt; padding-left: 0pt; padding-right: 0pt; padding-top: 2.583pt;" colspan="4">
<div style="text-align: center; text-indent: -10pt; margin-left: 10pt;">Gross <br />Carrying <br />Amount</div>
</td>
<td style="border-bottom: #ffffff 1px solid; width: 6pt; padding: 0pt;">​</td>
<td style="border-bottom: #ffffff 1px solid; width: 6pt; padding: 0pt;">​</td>
<td style="border-bottom: #000000 1px solid; padding-bottom: 2.167pt; padding-left: 0pt; padding-right: 0pt; padding-top: 2.583pt;" colspan="4">
<div style="text-align: center;">Accumulated <br />Amortization</div>
</td>
<td style="border-bottom: #ffffff 1px solid; width: 6pt; padding: 0pt;">​</td>
<td style="border-bottom: #ffffff 1px solid; width: 6pt; padding: 0pt;">​</td>
<td style="border-bottom: #000000 1px solid; padding-bottom: 2.167pt; padding-left: 0pt; padding-right: 0pt; padding-top: 2.583pt;" colspan="4">
<div style="text-align: center;">Gross <br />Carrying <br />Amount</div>
</td>
<td style="border-bottom: #ffffff 1px solid; width: 6pt; padding: 0pt;">​</td>
<td style="border-bottom: #ffffff 1px solid; width: 6pt; padding: 0pt;">​</td>
<td style="border-bottom: #000000 1px solid; padding-bottom: 2.167pt; padding-left: 0pt; padding-right: 0pt; padding-top: 2.583pt;" colspan="4">
<div style="text-align: center;">Accumulated <br />Amortization</div>
</td>
<td style="border-bottom: #ffffff 1px solid; width: 0pt; padding: 0pt;">​</td>
</tr>
<tr style="text-align: center; text-transform: none; font: bold italic 8pt/8pt 'times new roman', times, serif; white-space: nowrap; color: #000000; vertical-align: bottom;">
<td style="text-align: left; padding-bottom: 0.5pt; padding-left: 0pt; width: 193.47pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="padding-bottom: 0.5pt; padding-left: 0pt; width: 41.43pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="padding-bottom: 0.5pt; padding-left: 0pt; width: 0pt; padding-right: 0pt; padding-top: 3.25pt;" colspan="22">
<div style="text-align: center; white-space: nowrap;">(in thousands)</div>
</td>
<td style="width: 0pt; padding: 0pt;">​</td>
</tr>
<tr style="text-align: right; text-transform: none; background-color: #cceeff; font: 10pt/10pt 'times new roman', times, serif; white-space: nowrap; color: #000000; vertical-align: bottom;">
<td style="text-align: left; padding-bottom: 1.5pt; padding-left: 0pt; width: 193.47pt; padding-right: 0pt; padding-top: 3.5pt;">Trademarks</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="text-align: center; padding-bottom: 1.5pt; padding-left: 0pt; width: 41.43pt; padding-right: 0pt; padding-top: 3.5pt;">
<div style="text-align: center;">Indefinite</div>
</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="padding-bottom: 0pt; padding-left: 3.685pt; width: 0pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="min-width: 3.75pt; text-align: right; padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.5pt;">$</td>
<td style="min-width: 21pt; text-align: right; padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3.5pt;">22,200</td>
<td style="padding-bottom: 0pt; padding-left: 3.685pt; width: 0pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="padding-bottom: 0pt; padding-left: 8.225pt; width: 0pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="min-width: 3.75pt; text-align: right; padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.5pt;">$</td>
<td style="min-width: 17.25pt; text-align: right; padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3.5pt;">—</td>
<td style="padding-bottom: 0pt; padding-left: 8.225pt; width: 0pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="min-width: 3.75pt; text-align: right; padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.5pt;">$</td>
<td style="min-width: 21pt; text-align: right; padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3.5pt;">22,200</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="padding-bottom: 0pt; padding-left: 8.225pt; width: 0pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="min-width: 3.75pt; text-align: right; padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.5pt;">$</td>
<td style="min-width: 17.25pt; text-align: right; padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3.5pt;">—</td>
<td style="padding-bottom: 0pt; padding-left: 8.225pt; width: 0pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
</tr>
<tr style="text-align: right; text-transform: none; font: 10pt/10pt 'times new roman', times, serif; white-space: nowrap; color: #000000; vertical-align: bottom;">
<td style="border-bottom: #ffffff 1px solid; text-align: left; padding-bottom: 2.5pt; padding-left: 0pt; width: 193.47pt; padding-right: 0pt; padding-top: 3.5pt;">
<div style="white-space: nowrap;">Insurance licenses and authorities</div>
</td>
<td style="border-bottom: #ffffff 1px solid; width: 6pt; padding: 0pt;">​</td>
<td style="border-bottom: #ffffff 1px solid; width: 6pt; padding: 0pt;">​</td>
<td style="border-bottom: #ffffff 1px solid; text-align: center; padding-bottom: 2.5pt; padding-left: 0pt; width: 41.43pt; padding-right: 0pt; padding-top: 3.5pt;">
<div style="text-align: center;">Indefinite</div>
</td>
<td style="border-bottom: #ffffff 1px solid; width: 6pt; padding: 0pt;">​</td>
<td style="border-bottom: #ffffff 1px solid; width: 6pt; padding: 0pt;">​</td>
<td style="border-bottom: #ffffff 1px solid; padding-bottom: 0pt; padding-left: 3.685pt; width: 0pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="border-bottom: #000000 1px solid; min-width: 3.75pt; text-align: right; padding-bottom: 2.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.5pt;">​</td>
<td style="border-bottom: #000000 1px solid; min-width: 21pt; text-align: right; padding-bottom: 2.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3.5pt;">9,164</td>
<td style="border-bottom: #ffffff 1px solid; padding-bottom: 0pt; padding-left: 3.685pt; width: 0pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="border-bottom: #ffffff 1px solid; width: 6pt; padding: 0pt;">​</td>
<td style="border-bottom: #ffffff 1px solid; width: 6pt; padding: 0pt;">​</td>
<td style="border-bottom: #ffffff 1px solid; padding-bottom: 0pt; padding-left: 8.225pt; width: 0pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="border-bottom: #000000 1px solid; min-width: 3.75pt; text-align: right; padding-bottom: 2.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.5pt;">​</td>
<td style="border-bottom: #000000 1px solid; min-width: 17.25pt; text-align: right; padding-bottom: 2.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3.5pt;">—</td>
<td style="border-bottom: #ffffff 1px solid; padding-bottom: 0pt; padding-left: 8.225pt; width: 0pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="border-bottom: #ffffff 1px solid; width: 6pt; padding: 0pt;">​</td>
<td style="border-bottom: #ffffff 1px solid; width: 6pt; padding: 0pt;">​</td>
<td style="border-bottom: #ffffff 1px solid; width: 0pt; padding: 0pt;">​</td>
<td style="border-bottom: #000000 1px solid; min-width: 3.75pt; text-align: right; padding-bottom: 2.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.5pt;">​</td>
<td style="border-bottom: #000000 1px solid; min-width: 21pt; text-align: right; padding-bottom: 2.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3.5pt;">9,164</td>
<td style="border-bottom: #ffffff 1px solid; width: 0pt; padding: 0pt;">​</td>
<td style="border-bottom: #ffffff 1px solid; width: 6pt; padding: 0pt;">​</td>
<td style="border-bottom: #ffffff 1px solid; width: 6pt; padding: 0pt;">​</td>
<td style="border-bottom: #ffffff 1px solid; padding-bottom: 0pt; padding-left: 8.225pt; width: 0pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="border-bottom: #000000 1px solid; min-width: 3.75pt; text-align: right; padding-bottom: 2.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.5pt;">​</td>
<td style="border-bottom: #000000 1px solid; min-width: 17.25pt; text-align: right; padding-bottom: 2.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3.5pt;">—</td>
<td style="border-bottom: #ffffff 1px solid; padding-bottom: 0pt; padding-left: 8.225pt; width: 0pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="border-bottom: #ffffff 1px solid; width: 0pt; padding: 0pt;">​</td>
</tr>
<tr style="text-align: right; text-transform: none; background-color: #cceeff; font: 10pt/12pt 'times new roman', times, serif; white-space: nowrap; color: #000000; vertical-align: bottom;">
<td style="text-align: left; padding-bottom: 0.833pt; padding-left: 0pt; width: 193.47pt; padding-right: 0pt; white-space: normal; padding-top: 1.917pt;">
<div style="text-indent: -10pt; margin-left: 10pt;">Identifiable intangibles not subject to amortization</div>
</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="text-align: center; padding-bottom: 0.5pt; padding-left: 0pt; width: 41.43pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="padding-bottom: 0pt; padding-left: 3.685pt; width: 0pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="min-width: 3.75pt; text-align: right; padding-bottom: 0.833pt; padding-left: 0pt; padding-right: 0pt; padding-top: 1.917pt;">​</td>
<td style="min-width: 21pt; text-align: right; padding-bottom: 0.833pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 1.917pt;">31,364</td>
<td style="padding-bottom: 0pt; padding-left: 3.685pt; width: 0pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="padding-bottom: 0pt; padding-left: 8.225pt; width: 0pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="min-width: 3.75pt; text-align: right; padding-bottom: 0.833pt; padding-left: 0pt; padding-right: 0pt; padding-top: 1.917pt;">​</td>
<td style="min-width: 17.25pt; text-align: right; padding-bottom: 0.833pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 1.917pt;">—</td>
<td style="padding-bottom: 0pt; padding-left: 8.225pt; width: 0pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="min-width: 3.75pt; text-align: right; padding-bottom: 0.833pt; padding-left: 0pt; padding-right: 0pt; padding-top: 1.917pt;">​</td>
<td style="min-width: 21pt; text-align: right; padding-bottom: 0.833pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 1.917pt;">31,364</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="padding-bottom: 0pt; padding-left: 8.225pt; width: 0pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="min-width: 3.75pt; text-align: right; padding-bottom: 0.833pt; padding-left: 0pt; padding-right: 0pt; padding-top: 1.917pt;">​</td>
<td style="min-width: 17.25pt; text-align: right; padding-bottom: 0.833pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 1.917pt;">—</td>
<td style="padding-bottom: 0pt; padding-left: 8.225pt; width: 0pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
</tr>
<tr style="text-align: right; text-transform: none; font: 10pt/10pt 'times new roman', times, serif; white-space: nowrap; color: #000000; vertical-align: bottom;">
<td style="border-bottom: #ffffff 1px solid; text-align: left; padding-bottom: 2.5pt; padding-left: 0pt; width: 193.47pt; padding-right: 0pt; padding-top: 3.5pt;">
<div style="white-space: nowrap;">Broker relationships</div>
</td>
<td style="border-bottom: #ffffff 1px solid; width: 6pt; padding: 0pt;">​</td>
<td style="border-bottom: #ffffff 1px solid; width: 6pt; padding: 0pt;">​</td>
<td style="border-bottom: #ffffff 1px solid; text-align: center; padding-bottom: 2.5pt; padding-left: 0pt; width: 41.43pt; padding-right: 0pt; padding-top: 3.5pt;">
<div style="text-align: center;">24.6</div>
</td>
<td style="border-bottom: #ffffff 1px solid; width: 6pt; padding: 0pt;">​</td>
<td style="border-bottom: #ffffff 1px solid; width: 6pt; padding: 0pt;">​</td>
<td style="border-bottom: #ffffff 1px solid; padding-bottom: 0pt; padding-left: 3.685pt; width: 0pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="border-bottom: #000000 1px solid; min-width: 3.75pt; text-align: right; padding-bottom: 2.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.5pt;">​</td>
<td style="border-bottom: #000000 1px solid; min-width: 21pt; text-align: right; padding-bottom: 2.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3.5pt;">11,611</td>
<td style="border-bottom: #ffffff 1px solid; padding-bottom: 0pt; padding-left: 3.685pt; width: 0pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="border-bottom: #ffffff 1px solid; width: 6pt; padding: 0pt;">​</td>
<td style="border-bottom: #ffffff 1px solid; width: 6pt; padding: 0pt;">​</td>
<td style="border-bottom: #ffffff 1px solid; padding-bottom: 0pt; padding-left: 8.225pt; width: 0pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="border-bottom: #000000 1px solid; min-width: 3.75pt; text-align: right; padding-bottom: 2.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.5pt;">​</td>
<td style="border-bottom: #000000 1px solid; min-width: 17.25pt; text-align: right; padding-bottom: 2.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3.5pt;">3,447</td>
<td style="border-bottom: #ffffff 1px solid; padding-bottom: 0pt; padding-left: 8.225pt; width: 0pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="border-bottom: #ffffff 1px solid; width: 6pt; padding: 0pt;">​</td>
<td style="border-bottom: #ffffff 1px solid; width: 6pt; padding: 0pt;">​</td>
<td style="border-bottom: #ffffff 1px solid; width: 0pt; padding: 0pt;">​</td>
<td style="border-bottom: #000000 1px solid; min-width: 3.75pt; text-align: right; padding-bottom: 2.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.5pt;">​</td>
<td style="border-bottom: #000000 1px solid; min-width: 21pt; text-align: right; padding-bottom: 2.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3.5pt;">11,611</td>
<td style="border-bottom: #ffffff 1px solid; width: 0pt; padding: 0pt;">​</td>
<td style="border-bottom: #ffffff 1px solid; width: 6pt; padding: 0pt;">​</td>
<td style="border-bottom: #ffffff 1px solid; width: 6pt; padding: 0pt;">​</td>
<td style="border-bottom: #ffffff 1px solid; padding-bottom: 0pt; padding-left: 8.225pt; width: 0pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="border-bottom: #000000 1px solid; min-width: 3.75pt; text-align: right; padding-bottom: 2.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.5pt;">​</td>
<td style="border-bottom: #000000 1px solid; min-width: 17.25pt; text-align: right; padding-bottom: 2.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3.5pt;">2,850</td>
<td style="border-bottom: #ffffff 1px solid; padding-bottom: 0pt; padding-left: 8.225pt; width: 0pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="border-bottom: #ffffff 1px solid; width: 0pt; padding: 0pt;">​</td>
</tr>
<tr style="text-align: right; text-transform: none; background-color: #cceeff; font: 10pt/12pt 'times new roman', times, serif; white-space: nowrap; color: #000000; vertical-align: bottom;">
<td style="border-bottom: #cceeff 1px solid; text-align: left; padding-bottom: 1.833pt; padding-left: 0pt; width: 193.47pt; padding-right: 0pt; white-space: normal; padding-top: 1.917pt;">
<div style="text-indent: -10pt; margin-left: 10pt;">Identifiable intangible assets subject to amortization</div>
</td>
<td style="border-bottom: #cceeff 1px solid; width: 6pt; padding: 0pt;">​</td>
<td style="border-bottom: #cceeff 1px solid; width: 6pt; padding: 0pt;">​</td>
<td style="border-bottom: #cceeff 1px solid; text-align: center; padding-bottom: 0.5pt; padding-left: 0pt; width: 41.43pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="border-bottom: #cceeff 1px solid; width: 6pt; padding: 0pt;">​</td>
<td style="border-bottom: #cceeff 1px solid; width: 6pt; padding: 0pt;">​</td>
<td style="border-bottom: #cceeff 1px solid; padding-bottom: 0pt; padding-left: 3.685pt; width: 0pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="border-bottom: #000000 1px solid; min-width: 3.75pt; text-align: right; padding-bottom: 1.833pt; padding-left: 0pt; padding-right: 0pt; padding-top: 1.917pt;">​</td>
<td style="border-bottom: #000000 1px solid; min-width: 21pt; text-align: right; padding-bottom: 1.833pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 1.917pt;">11,611</td>
<td style="border-bottom: #cceeff 1px solid; padding-bottom: 0pt; padding-left: 3.685pt; width: 0pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="border-bottom: #cceeff 1px solid; width: 6pt; padding: 0pt;">​</td>
<td style="border-bottom: #cceeff 1px solid; width: 6pt; padding: 0pt;">​</td>
<td style="border-bottom: #cceeff 1px solid; padding-bottom: 0pt; padding-left: 8.225pt; width: 0pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="border-bottom: #000000 1px solid; min-width: 3.75pt; text-align: right; padding-bottom: 1.833pt; padding-left: 0pt; padding-right: 0pt; padding-top: 1.917pt;">​</td>
<td style="border-bottom: #000000 1px solid; min-width: 17.25pt; text-align: right; padding-bottom: 1.833pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 1.917pt;">3,447</td>
<td style="border-bottom: #cceeff 1px solid; padding-bottom: 0pt; padding-left: 8.225pt; width: 0pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="border-bottom: #cceeff 1px solid; width: 6pt; padding: 0pt;">​</td>
<td style="border-bottom: #cceeff 1px solid; width: 6pt; padding: 0pt;">​</td>
<td style="border-bottom: #cceeff 1px solid; width: 0pt; padding: 0pt;">​</td>
<td style="border-bottom: #000000 1px solid; min-width: 3.75pt; text-align: right; padding-bottom: 1.833pt; padding-left: 0pt; padding-right: 0pt; padding-top: 1.917pt;">​</td>
<td style="border-bottom: #000000 1px solid; min-width: 21pt; text-align: right; padding-bottom: 1.833pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 1.917pt;">11,611</td>
<td style="border-bottom: #cceeff 1px solid; width: 0pt; padding: 0pt;">​</td>
<td style="border-bottom: #cceeff 1px solid; width: 6pt; padding: 0pt;">​</td>
<td style="border-bottom: #cceeff 1px solid; width: 6pt; padding: 0pt;">​</td>
<td style="border-bottom: #cceeff 1px solid; padding-bottom: 0pt; padding-left: 8.225pt; width: 0pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="border-bottom: #000000 1px solid; min-width: 3.75pt; text-align: right; padding-bottom: 1.833pt; padding-left: 0pt; padding-right: 0pt; padding-top: 1.917pt;">​</td>
<td style="border-bottom: #000000 1px solid; min-width: 17.25pt; text-align: right; padding-bottom: 1.833pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 1.917pt;">2,850</td>
<td style="border-bottom: #cceeff 1px solid; padding-bottom: 0pt; padding-left: 8.225pt; width: 0pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="border-bottom: #cceeff 1px solid; width: 0pt; padding: 0pt;">​</td>
</tr>
<tr style="text-align: right; text-transform: none; font: 10pt/10pt 'times new roman', times, serif; white-space: nowrap; color: #000000; vertical-align: bottom;">
<td style="text-align: left; padding-bottom: 0.75pt; padding-left: 0pt; width: 193.47pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="text-align: center; padding-bottom: 0.75pt; padding-left: 0pt; width: 41.43pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="padding-bottom: 0pt; padding-left: 3.685pt; width: 0pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="border-bottom: #000000 3px double; min-width: 3.75pt; text-align: right; padding-bottom: 2pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.25pt;">$</td>
<td style="border-bottom: #000000 3px double; min-width: 21pt; text-align: right; padding-bottom: 2pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3.25pt;">42,975</td>
<td style="padding-bottom: 0pt; padding-left: 3.685pt; width: 0pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="padding-bottom: 0pt; padding-left: 8.225pt; width: 0pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="border-bottom: #000000 3px double; min-width: 3.75pt; text-align: right; padding-bottom: 2pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.25pt;">$</td>
<td style="border-bottom: #000000 3px double; min-width: 17.25pt; text-align: right; padding-bottom: 2pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3.25pt;">3,447</td>
<td style="padding-bottom: 0pt; padding-left: 8.225pt; width: 0pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="border-bottom: #000000 3px double; min-width: 3.75pt; text-align: right; padding-bottom: 2pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.25pt;">$</td>
<td style="border-bottom: #000000 3px double; min-width: 21pt; text-align: right; padding-bottom: 2pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3.25pt;">42,975</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="padding-bottom: 0pt; padding-left: 8.225pt; width: 0pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="border-bottom: #000000 3px double; min-width: 3.75pt; text-align: right; padding-bottom: 2pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.25pt;">$</td>
<td style="border-bottom: #000000 3px double; min-width: 17.25pt; text-align: right; padding-bottom: 2pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3.25pt;">2,850</td>
<td style="padding-bottom: 0pt; padding-left: 8.225pt; width: 0pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
</tr>
<tr style="line-height: 4pt; height: 4pt;">
<td style="line-height: 0pt; font-size: 0pt; padding: 0pt;" colspan="33">​</td>
</tr>
</table>
<div> </div>
<table align="center" style="width: 100%; border-collapse: collapse; height: 198px;" border="0">
<tr style="text-align: center; text-transform: none; font: bold 8pt/9pt 'times new roman', times, serif; white-space: nowrap; color: #000000; vertical-align: bottom;">
<td style="border-bottom: #ffffff 1px solid; text-align: left; padding-bottom: 0.5pt; padding-left: 0pt; width: 245.04pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="border-bottom: #ffffff 1px solid; width: 6pt; padding: 0pt;">​</td>
<td style="border-bottom: #ffffff 1px solid; width: 6pt; padding: 0pt;">​</td>
<td style="border-bottom: #000000 1px solid; padding-bottom: 0.667pt; padding-left: 0pt; padding-right: 0pt; padding-top: 0pt;" colspan="4">
<div style="text-align: center;">Income <br />(Numerator)</div>
</td>
<td style="border-bottom: #ffffff 1px solid; width: 6pt; padding: 0pt;">​</td>
<td style="border-bottom: #ffffff 1px solid; width: 6pt; padding: 0pt;">​</td>
<td style="border-bottom: #000000 1px solid; padding-bottom: 0.667pt; padding-left: 0pt; padding-right: 0pt; padding-top: 0pt;" colspan="4">
<div style="text-align: center;">Weighted-Average <br />Common Shares <br />(Denominator)</div>
</td>
<td style="border-bottom: #ffffff 1px solid; width: 6pt; padding: 0pt;">​</td>
<td style="border-bottom: #ffffff 1px solid; width: 6pt; padding: 0pt;">​</td>
<td style="border-bottom: #000000 1px solid; padding-bottom: 0.667pt; padding-left: 0pt; padding-right: 0pt; padding-top: 0pt;" colspan="4">
<div style="text-align: center;">Earnings <br />Per Share</div>
</td>
<td style="border-bottom: #ffffff 1px solid; width: 0pt; padding: 0pt;">​</td>
</tr>
<tr style="text-align: left; text-transform: none; font: bold italic 8pt/8pt 'times new roman', times, serif; white-space: nowrap; color: #000000; vertical-align: bottom;">
<td style="padding-bottom: 0.5pt; padding-left: 0pt; width: 245.04pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="text-align: center; padding-bottom: 0.5pt; padding-left: 0pt; width: 0pt; padding-right: 0pt; padding-top: 1.75pt;" colspan="16">
<div style="text-align: center; white-space: nowrap;">(in thousands, except per share data)</div>
</td>
<td style="width: 0pt; padding: 0pt;">​</td>
</tr>
<tr style="text-align: left; text-transform: none; background-color: #cceeff; font: bold 10pt/10pt 'times new roman', times, serif; white-space: nowrap; color: #000000; vertical-align: bottom;">
<td style="padding-bottom: 0.5pt; padding-left: 0pt; width: 245.04pt; padding-right: 0pt; padding-top: 2pt;">Year ended December 31, 2015</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td colspan="6">​</td>
<td colspan="6">​</td>
<td colspan="6">​</td>
</tr>
<tr style="text-align: right; text-transform: none; font: 10pt/10pt 'times new roman', times, serif; white-space: nowrap; color: #000000; vertical-align: bottom;">
<td style="text-align: left; padding-bottom: 0.5pt; padding-left: 0pt; width: 245.04pt; padding-right: 0pt; padding-top: 2pt;">
<div style="white-space: nowrap;">Basic</div>
</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="padding-bottom: 0pt; padding-left: 4.555pt; width: 0pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="min-width: 3.75pt; text-align: right; padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 2pt;">$</td>
<td style="min-width: 21pt; text-align: right; padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 2pt;">53,497</td>
<td style="padding-bottom: 0pt; padding-left: 4.555pt; width: 0pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="padding-bottom: 0pt; padding-left: 7.46pt; width: 0pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="min-width: 0pt; text-align: right; padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 2pt;">​</td>
<td style="min-width: 34.5pt; text-align: right; padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 2pt;">28,662,051</td>
<td style="padding-bottom: 0pt; padding-left: 7.46pt; width: 0pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="padding-bottom: 0pt; padding-left: 3.39pt; width: 0pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="min-width: 3.75pt; text-align: right; padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 2pt;">$</td>
<td style="min-width: 15.75pt; text-align: right; padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 2pt;">1.87</td>
<td style="padding-bottom: 0pt; padding-left: 3.39pt; width: 0pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
</tr>
<tr style="text-align: right; text-transform: none; background-color: #cceeff; font: 10pt/10pt 'times new roman', times, serif; white-space: nowrap; color: #000000; vertical-align: bottom;">
<td style="border-bottom: #cceeff 1px solid; text-align: left; padding-bottom: 1pt; padding-left: 0pt; width: 245.04pt; padding-right: 0pt; padding-top: 2pt;">
<div style="white-space: nowrap;">Common share equivalents</div>
</td>
<td style="border-bottom: #cceeff 1px solid; width: 6pt; padding: 0pt;">​</td>
<td style="border-bottom: #cceeff 1px solid; width: 6pt; padding: 0pt;">​</td>
<td style="border-bottom: #cceeff 1px solid; padding-bottom: 0pt; padding-left: 4.555pt; width: 0pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="border-bottom: #000000 1px solid; min-width: 3.75pt; text-align: right; padding-bottom: 1pt; padding-left: 0pt; padding-right: 0pt; padding-top: 2pt;">​</td>
<td style="border-bottom: #000000 1px solid; min-width: 21pt; text-align: right; padding-bottom: 1pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 2pt;">—</td>
<td style="border-bottom: #cceeff 1px solid; padding-bottom: 0pt; padding-left: 4.555pt; width: 0pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="border-bottom: #cceeff 1px solid; width: 6pt; padding: 0pt;">​</td>
<td style="border-bottom: #cceeff 1px solid; width: 6pt; padding: 0pt;">​</td>
<td style="border-bottom: #cceeff 1px solid; padding-bottom: 0pt; padding-left: 7.46pt; width: 0pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="border-bottom: #000000 1px solid; min-width: 0pt; text-align: right; padding-bottom: 1pt; padding-left: 0pt; padding-right: 0pt; padding-top:
2pt;">​</td>
<td style="border-bottom: #000000 1px solid; min-width: 34.5pt; text-align: right; padding-bottom: 1pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 2pt;">672,867</td>
<td style="border-bottom: #cceeff 1px solid; padding-bottom: 0pt; padding-left: 7.46pt; width: 0pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="border-bottom: #cceeff 1px solid; width: 6pt; padding: 0pt;">​</td>
<td style="border-bottom: #cceeff 1px solid; width: 6pt; padding: 0pt;">​</td>
<td style="border-bottom: #cceeff 1px solid; padding-bottom: 0pt; padding-left: 3.39pt; width: 0pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="border-bottom: #000000 1px solid; min-width: 3.75pt; text-align: right; padding-bottom: 1pt; padding-left: 0pt; padding-right: 0pt; padding-top: 2pt;">​</td>
<td style="border-bottom: #000000 1px solid; min-width: 15.75pt; text-align: right; padding-bottom: 1pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 2pt;">(0.05<font style="position: absolute;">)</font></td>
<td style="border-bottom: #cceeff 1px solid; padding-bottom: 0pt; padding-left: 3.39pt; width: 0pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="border-bottom: #cceeff 1px solid; width: 0pt; padding: 0pt;">​</td>
</tr>
<tr style="text-align: right; text-transform: none; font: 10pt/10pt 'times new roman', times, serif; white-space: nowrap; color: #000000; vertical-align: bottom;">
<td style="text-align: left; padding-bottom: 1.75pt; padding-left: 0pt; width: 245.04pt; padding-right: 0pt; padding-top: 1.75pt;">
<div style="white-space: nowrap;">Diluted</div>
</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="padding-bottom: 0pt; padding-left: 4.555pt; width: 0pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="border-bottom: #000000 3px double; min-width: 3.75pt; text-align: right; padding-bottom: 1pt; padding-left: 0pt; padding-right: 0pt; padding-top: 1.75pt;">$</td>
<td style="border-bottom: #000000 3px double; min-width: 21pt; text-align: right; padding-bottom: 1pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 1.75pt;">53,497</td>
<td style="padding-bottom: 0pt; padding-left: 4.555pt; width: 0pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="padding-bottom: 0pt; padding-left: 7.46pt; width: 0pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="border-bottom: #000000 3px double; min-width: 0pt; text-align: right; padding-bottom: 1pt; padding-left: 0pt; padding-right: 0pt; padding-top: 1.75pt;">​</td>
<td style="border-bottom: #000000 3px double; min-width: 34.5pt; text-align: right; padding-bottom: 1pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 1.75pt;">29,334,918</td>
<td style="padding-bottom: 0pt; padding-left: 7.46pt; width: 0pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="padding-bottom: 0pt; padding-left: 3.39pt; width: 0pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="border-bottom: #000000 3px double; min-width: 3.75pt; text-align: right; padding-bottom: 1pt; padding-left: 0pt; padding-right: 0pt; padding-top: 1.75pt;">$</td>
<td style="border-bottom: #000000 3px double; min-width: 15.75pt; text-align: right; padding-bottom: 1pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 1.75pt;">1.82</td>
<td style="padding-bottom: 0pt; padding-left: 3.39pt; width: 0pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
</tr>
<tr style="text-align: left; text-transform: none; background-color: #cceeff; font: bold 10pt/10pt 'times new roman', times, serif; white-space: nowrap; color: #000000; vertical-align: bottom;">
<td style="padding-bottom: 0.5pt; padding-left: 0pt; width: 245.04pt; padding-right: 0pt; padding-top: 7.25pt;">Year ended December 31, 2014</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td colspan="6">​</td>
<td colspan="6">​</td>
<td colspan="6">​</td>
</tr>
<tr style="text-align: right; text-transform: none; font: 10pt/10pt 'times new roman', times, serif; white-space: nowrap; color: #000000; vertical-align: bottom;">
<td style="text-align: left; padding-bottom: 0.5pt; padding-left: 0pt; width: 245.04pt; padding-right: 0pt; padding-top: 2pt;">
<div style="white-space: nowrap;">Basic</div>
</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="padding-bottom: 0pt; padding-left: 4.555pt; width: 0pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="min-width: 3.75pt; text-align: right; padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 2pt;">$</td>
<td style="min-width: 21pt; text-align: right; padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 2pt;">44,685</td>
<td style="padding-bottom: 0pt; padding-left: 4.555pt; width: 0pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="padding-bottom: 0pt; padding-left: 7.46pt; width: 0pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="min-width: 0pt; text-align: right; padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 2pt;">​</td>
<td style="min-width: 34.5pt; text-align: right; padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 2pt;">28,540,350</td>
<td style="padding-bottom: 0pt; padding-left: 7.46pt; width: 0pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="padding-bottom: 0pt; padding-left: 3.39pt; width: 0pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="min-width: 3.75pt; text-align: right; padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 2pt;">$</td>
<td style="min-width: 15.75pt; text-align: right; padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 2pt;">1.57</td>
<td style="padding-bottom: 0pt; padding-left: 3.39pt; width: 0pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
</tr>
<tr style="text-align: right; text-transform: none; background-color: #cceeff; font: 10pt/10pt 'times new roman', times, serif; white-space: nowrap; color: #000000; vertical-align: bottom;">
<td style="border-bottom: #cceeff 1px solid; text-align: left; padding-bottom: 1pt; padding-left: 0pt; width:
245.04pt; padding-right: 0pt; padding-top: 2pt;">
<div style="white-space: nowrap;">Common share equivalents</div>
</td>
<td style="border-bottom: #cceeff 1px solid; width: 6pt; padding: 0pt;">​</td>
<td style="border-bottom: #cceeff 1px solid; width: 6pt; padding: 0pt;">​</td>
<td style="border-bottom: #cceeff 1px solid; padding-bottom: 0pt; padding-left: 4.555pt; width: 0pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="border-bottom: #000000 1px solid; min-width: 3.75pt; text-align: right; padding-bottom: 1pt; padding-left: 0pt; padding-right: 0pt; padding-top: 2pt;">​</td>
<td style="border-bottom: #000000 1px solid; min-width: 21pt; text-align: right; padding-bottom: 1pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 2pt;">—</td>
<td style="border-bottom: #cceeff 1px solid; padding-bottom: 0pt; padding-left: 4.555pt; width: 0pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="border-bottom: #cceeff 1px solid; width: 6pt; padding: 0pt;">​</td>
<td style="border-bottom: #cceeff 1px solid; width: 6pt; padding: 0pt;">​</td>
<td style="border-bottom: #cceeff 1px solid; padding-bottom: 0pt; padding-left: 7.46pt; width: 0pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="border-bottom: #000000 1px solid; min-width: 0pt; text-align: right; padding-bottom: 1pt; padding-left: 0pt; padding-right: 0pt; padding-top: 2pt;">​</td>
<td style="border-bottom: #000000 1px solid; min-width: 34.5pt; text-align: right; padding-bottom: 1pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 2pt;">269,951</td>
<td style="border-bottom: #cceeff 1px solid; padding-bottom: 0pt; padding-left: 7.46pt; width: 0pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="border-bottom: #cceeff 1px solid; width: 6pt; padding: 0pt;">​</td>
<td style="border-bottom: #cceeff 1px solid; width: 6pt; padding: 0pt;">​</td>
<td style="border-bottom: #cceeff 1px solid; padding-bottom: 0pt; padding-left: 3.39pt; width: 0pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="border-bottom: #000000 1px solid; min-width: 3.75pt; text-align: right; padding-bottom: 1pt; padding-left: 0pt; padding-right: 0pt; padding-top: 2pt;">​</td>
<td style="border-bottom: #000000 1px solid; min-width: 15.75pt; text-align: right; padding-bottom: 1pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 2pt;">(0.02<font style="position: absolute;">)</font></td>
<td style="border-bottom: #cceeff 1px solid; padding-bottom: 0pt; padding-left: 3.39pt; width: 0pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="border-bottom: #cceeff 1px solid; width: 0pt; padding: 0pt;">​</td>
</tr>
<tr style="text-align: right; text-transform: none; font: 10pt/10pt 'times new roman', times, serif; white-space: nowrap; color: #000000; vertical-align: bottom;">
<td style="text-align: left; padding-bottom: 1.75pt; padding-left: 0pt; width: 245.04pt; padding-right: 0pt; padding-top: 1.75pt;">
<div style="white-space: nowrap;">Diluted</div>
</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="padding-bottom: 0pt; padding-left: 4.555pt; width: 0pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="border-bottom: #000000 3px double; min-width: 3.75pt; text-align: right; padding-bottom: 1pt; padding-left: 0pt; padding-right: 0pt; padding-top: 1.75pt;">$</td>
<td style="border-bottom: #000000 3px double; min-width: 21pt; text-align: right; padding-bottom: 1pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 1.75pt;">44,685</td>
<td style="padding-bottom: 0pt; padding-left: 4.555pt; width: 0pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="padding-bottom: 0pt; padding-left: 7.46pt; width: 0pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="border-bottom: #000000 3px double; min-width: 0pt; text-align: right; padding-bottom: 1pt; padding-left: 0pt; padding-right: 0pt; padding-top: 1.75pt;">​</td>
<td style="border-bottom: #000000 3px double; min-width: 34.5pt; text-align: right; padding-bottom: 1pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 1.75pt;">28,810,301</td>
<td style="padding-bottom: 0pt; padding-left: 7.46pt; width: 0pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="padding-bottom: 0pt; padding-left: 3.39pt; width: 0pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="border-bottom: #000000 3px double; min-width: 3.75pt; text-align: right; padding-bottom: 1pt; padding-left: 0pt; padding-right: 0pt; padding-top: 1.75pt;">$</td>
<td style="border-bottom: #000000 3px double; min-width: 15.75pt; text-align: right; padding-bottom: 1pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 1.75pt;">1.55</td>
<td style="padding-bottom: 0pt; padding-left: 3.39pt; width: 0pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
</tr>
<tr style="text-align: left; text-transform: none; background-color: #cceeff; font: bold 10pt/10pt 'times new roman', times, serif; white-space: nowrap; color: #000000; vertical-align: bottom;">
<td style="padding-bottom: 0.5pt; padding-left: 0pt; width: 245.04pt; padding-right: 0pt; padding-top: 7.25pt;">Year ended December 31, 2013</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td colspan="6">​</td>
<td colspan="6">​</td>
<td colspan="6">​</td>
</tr>
<tr style="text-align: right; text-transform: none; font: 10pt/10pt 'times new roman', times, serif; white-space: nowrap; color: #000000; vertical-align: bottom;">
<td style="text-align: left; padding-bottom: 0.5pt; padding-left: 0pt; width: 245.04pt; padding-right: 0pt; padding-top: 2pt;">
<div style="white-space: nowrap;">Basic</div>
</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="padding-bottom: 0pt; padding-left: 4.555pt; width: 0pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="min-width: 3.75pt; text-align: right; padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 2pt;">$</td>
<td style="min-width: 21pt; text-align: right; padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 2pt;">67,337</td>
<td style="padding-bottom: 0pt; padding-left: 4.555pt; width: 0pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="padding-bottom: 0pt; padding-left: 7.46pt; width: 0pt; padding-right: 0pt;
padding-top: 0pt;">​</td>
<td style="min-width: 0pt; text-align: right; padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 2pt;">​</td>
<td style="min-width: 34.5pt; text-align: right; padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 2pt;">30,442,950</td>
<td style="padding-bottom: 0pt; padding-left: 7.46pt; width: 0pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="padding-bottom: 0pt; padding-left: 3.39pt; width: 0pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="min-width: 3.75pt; text-align: right; padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 2pt;">$</td>
<td style="min-width: 15.75pt; text-align: right; padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 2pt;">2.21</td>
<td style="padding-bottom: 0pt; padding-left: 3.39pt; width: 0pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
</tr>
<tr style="text-align: right; text-transform: none; background-color: #cceeff; font: 10pt/10pt 'times new roman', times, serif; white-space: nowrap; color: #000000; vertical-align: bottom;">
<td style="border-bottom: #cceeff 1px solid; text-align: left; padding-bottom: 1pt; padding-left: 0pt; width: 245.04pt; padding-right: 0pt; padding-top: 2pt;">
<div style="white-space: nowrap;">Common share equivalents</div>
</td>
<td style="border-bottom: #cceeff 1px solid; width: 6pt; padding: 0pt;">​</td>
<td style="border-bottom: #cceeff 1px solid; width: 6pt; padding: 0pt;">​</td>
<td style="border-bottom: #cceeff 1px solid; padding-bottom: 0pt; padding-left: 4.555pt; width: 0pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="border-bottom: #000000 1px solid; min-width: 3.75pt; text-align: right; padding-bottom: 1pt; padding-left: 0pt; padding-right: 0pt; padding-top: 2pt;">​</td>
<td style="border-bottom: #000000 1px solid; min-width: 21pt; text-align: right; padding-bottom: 1pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 2pt;">—</td>
<td style="border-bottom: #cceeff 1px solid; padding-bottom: 0pt; padding-left: 4.555pt; width: 0pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="border-bottom: #cceeff 1px solid; width: 6pt; padding: 0pt;">​</td>
<td style="border-bottom: #cceeff 1px solid; width: 6pt; padding: 0pt;">​</td>
<td style="border-bottom: #cceeff 1px solid; padding-bottom: 0pt; padding-left: 7.46pt; width: 0pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="border-bottom: #000000 1px solid; min-width: 0pt; text-align: right; padding-bottom: 1pt; padding-left: 0pt; padding-right: 0pt; padding-top: 2pt;">​</td>
<td style="border-bottom: #000000 1px solid; min-width: 34.5pt; text-align: right; padding-bottom: 1pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 2pt;">57,850</td>
<td style="border-bottom: #cceeff 1px solid; padding-bottom: 0pt; padding-left: 7.46pt; width: 0pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="border-bottom: #cceeff 1px solid; width: 6pt; padding: 0pt;">​</td>
<td style="border-bottom: #cceeff 1px solid; width: 6pt; padding: 0pt;">​</td>
<td style="border-bottom: #cceeff 1px solid; padding-bottom: 0pt; padding-left: 3.39pt; width: 0pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="border-bottom: #000000 1px solid; min-width: 3.75pt; text-align: right; padding-bottom: 1pt; padding-left: 0pt; padding-right: 0pt; padding-top: 2pt;">​</td>
<td style="border-bottom: #000000 1px solid; min-width: 15.75pt; text-align: right; padding-bottom: 1pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 2pt;">—</td>
<td style="border-bottom: #cceeff 1px solid; padding-bottom: 0pt; padding-left: 3.39pt; width: 0pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="border-bottom: #cceeff 1px solid; width: 0pt; padding: 0pt;">​</td>
</tr>
<tr style="text-align: right; text-transform: none; font: 10pt/10pt 'times new roman', times, serif; white-space: nowrap; color: #000000; vertical-align: bottom;">
<td style="text-align: left; padding-bottom: 2.75pt; widows: 1; text-transform: none; text-indent: 0px; padding-left: 0pt; width: 245.04pt; padding-right: 0pt; font: 13px/13px 'times new roman', times, serif; white-space: nowrap; letter-spacing: normal; color: #000000; word-spacing: 0px; padding-top: 1.75pt; -webkit-text-stroke-width: 0px;">
<div style="white-space: nowrap;">Diluted</div>
</td>
<td style="text-align: right; widows: 1; text-transform: none; text-indent: 0px; width: 6pt; font: 13px/13px 'times new roman', times, serif; white-space: nowrap; letter-spacing: normal; color: #000000; word-spacing: 0px; -webkit-text-stroke-width: 0px; padding: 0pt;">​</td>
<td style="text-align: right; widows: 1; text-transform: none; text-indent: 0px; width: 6pt; font: 13px/13px 'times new roman', times, serif; white-space: nowrap; letter-spacing: normal; color: #000000; word-spacing: 0px; -webkit-text-stroke-width: 0px; padding: 0pt;">​</td>
<td style="text-align: right; padding-bottom: 0pt; widows: 1; text-transform: none; text-indent: 0px; padding-left: 4.555pt; width: 0pt; padding-right: 0pt; font: 13px/13px 'times new roman', times, serif; white-space: nowrap; letter-spacing: normal; color: #000000; word-spacing: 0px; padding-top: 0pt; -webkit-text-stroke-width: 0px;">​</td>
<td style="border-bottom: #000000 3px double; min-width: 3.75pt; text-align: right; padding-bottom: 2pt; widows: 1; text-transform: none; text-indent: 0px; padding-left: 0pt; padding-right: 0pt; font: 13px/13px 'times new roman', times, serif; white-space: nowrap; letter-spacing: normal; color: #000000; word-spacing: 0px; padding-top: 1.75pt; -webkit-text-stroke-width: 0px;">$</td>
<td style="border-bottom: #000000 3px double; min-width: 21pt; text-align: right; padding-bottom: 2pt; widows: 1; text-transform: none; text-indent: 0px; padding-left: 0pt; padding-right: 0pt; font: 13px/13px 'times new roman', times, serif; white-space: nowrap; letter-spacing: normal; color: #000000; word-spacing: 0px; padding-top: 1.75pt; -webkit-text-stroke-width: 0px;">67,337</td>
<td style="text-align: right; padding-bottom: 0pt; widows: 1; text-transform: none; text-indent: 0px; padding-left: 4.555pt; width: 0pt; padding-right: 0pt; font: 13px/13px 'times new roman', times, serif; white-space: nowrap; letter-spacing: normal; color: #000000; word-spacing: 0px; padding-top: 0pt; -webkit-text-stroke-width: 0px;">​</td>
<td style="text-align: right; widows: 1; text-transform: none; text-indent: 0px; width: 6pt; font: 13px/13px 'times new roman', times, serif; white-space: nowrap; letter-spacing: normal; color: #000000;
word-spacing: 0px; -webkit-text-stroke-width: 0px; padding: 0pt;">​</td>
<td style="text-align: right; widows: 1; text-transform: none; text-indent: 0px; width: 6pt; font: 13px/13px 'times new roman', times, serif; white-space: nowrap; letter-spacing: normal; color: #000000; word-spacing: 0px; -webkit-text-stroke-width: 0px; padding: 0pt;">​</td>
<td style="text-align: right; padding-bottom: 0pt; widows: 1; text-transform: none; text-indent: 0px; padding-left: 7.46pt; width: 0pt; padding-right: 0pt; font: 13px/13px 'times new roman', times, serif; white-space: nowrap; letter-spacing: normal; color: #000000; word-spacing: 0px; padding-top: 0pt; -webkit-text-stroke-width: 0px;">​</td>
<td style="border-bottom: #000000 3px double; min-width: 0pt; text-align: right; padding-bottom: 2pt; widows: 1; text-transform: none; text-indent: 0px; padding-left: 0pt; padding-right: 0pt; font: 13px/13px 'times new roman', times, serif; white-space: nowrap; letter-spacing: normal; color: #000000; word-spacing: 0px; padding-top: 1.75pt; -webkit-text-stroke-width: 0px;">​</td>
<td style="border-bottom: #000000 3px double; min-width: 34.5pt; text-align: right; padding-bottom: 2pt; widows: 1; text-transform: none; text-indent: 0px; padding-left: 0pt; padding-right: 0pt; font: 13px/13px 'times new roman', times, serif; white-space: nowrap; letter-spacing: normal; color: #000000; word-spacing: 0px; padding-top: 1.75pt; -webkit-text-stroke-width: 0px;">30,500,800</td>
<td style="text-align: right; padding-bottom: 0pt; widows: 1; text-transform: none; text-indent: 0px; padding-left: 7.46pt; width: 0pt; padding-right: 0pt; font: 13px/13px 'times new roman', times, serif; white-space: nowrap; letter-spacing: normal; color: #000000; word-spacing: 0px; padding-top: 0pt; -webkit-text-stroke-width: 0px;">​</td>
<td style="text-align: right; widows: 1; text-transform: none; text-indent: 0px; width: 6pt; font: 13px/13px 'times new roman', times, serif; white-space: nowrap; letter-spacing: normal; color: #000000; word-spacing: 0px; -webkit-text-stroke-width: 0px; padding: 0pt;">​</td>
<td style="text-align: right; widows: 1; text-transform: none; text-indent: 0px; width: 6pt; font: 13px/13px 'times new roman', times, serif; white-space: nowrap; letter-spacing: normal; color: #000000; word-spacing: 0px; -webkit-text-stroke-width: 0px; padding: 0pt;">​</td>
<td style="text-align: right; padding-bottom: 0pt; widows: 1; text-transform: none; text-indent: 0px; padding-left: 3.39pt; width: 0pt; padding-right: 0pt; font: 13px/13px 'times new roman', times, serif; white-space: nowrap; letter-spacing: normal; color: #000000; word-spacing: 0px; padding-top: 0pt; -webkit-text-stroke-width: 0px;">​</td>
<td style="border-bottom: #000000 3px double; min-width: 3.75pt; text-align: right; padding-bottom: 2pt; widows: 1; text-transform: none; text-indent: 0px; padding-left: 0pt; padding-right: 0pt; font: 13px/13px 'times new roman', times, serif; white-space: nowrap; letter-spacing: normal; color: #000000; word-spacing: 0px; padding-top: 1.75pt; -webkit-text-stroke-width: 0px;">$</td>
<td style="border-bottom: #000000 3px double; min-width: 15.75pt; text-align: right; padding-bottom: 2pt; widows: 1; text-transform: none; text-indent: 0px; padding-left: 0pt; padding-right: 0pt; font: 13px/13px 'times new roman', times, serif; white-space: nowrap; letter-spacing: normal; color: #000000; word-spacing: 0px; padding-top: 1.75pt; -webkit-text-stroke-width: 0px;">2.21</td>
</tr>
</table>
<table align="center" style="widows: 1; text-transform: none; text-indent: 0px; width: 100%; border-collapse: collapse; font: 13px 'times new roman', times, serif; white-space: normal; letter-spacing: normal; height: 277px; color: #000000; word-spacing: 0px; -webkit-text-stroke-width: 0px;" border="0">
<tr style="text-align: left; text-transform: none; font: bold 8pt/8pt 'times new roman', times, serif; white-space: nowrap; color: #000000; vertical-align: bottom;">
<td style="border-bottom: #ffffff 1px solid; padding-bottom: 0.5pt; padding-left: 0pt; width: 306.88pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="border-bottom: #ffffff 1px solid; width: 6pt; padding: 0pt;">​</td>
<td style="border-bottom: #ffffff 1px solid; width: 6pt; padding: 0pt;">​</td>
<td style="border-bottom: #000000 1px solid; text-align: center; padding-bottom: 2.5pt; padding-left: 0pt; width: 0pt; padding-right: 0pt; padding-top: 0pt;" colspan="16">
<div style="text-align: center; white-space: nowrap;">Year Ended December 31,</div>
</td>
<td style="border-bottom: #ffffff 1px solid; width: 0pt; padding: 0pt;">​</td>
</tr>
<tr style="text-align: center; text-transform: none; font: bold 8pt/8pt 'times new roman', times, serif; white-space: nowrap; color: #000000; vertical-align: bottom;">
<td style="border-bottom: #ffffff 1px solid; text-align: left; padding-bottom: 0.5pt; padding-left: 0pt; width: 306.88pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="border-bottom: #ffffff 1px solid; width: 6pt; padding: 0pt;">​</td>
<td style="border-bottom: #ffffff 1px solid; width: 6pt; padding: 0pt;">​</td>
<td style="border-bottom: #000000 1px solid; padding-bottom: 2.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.25pt;" colspan="4">
<div style="text-align: center; white-space: nowrap;">2015</div>
</td>
<td style="border-bottom: #ffffff 1px solid; width: 6pt; padding: 0pt;">​</td>
<td style="border-bottom: #ffffff 1px solid; width: 6pt; padding: 0pt;">​</td>
<td style="border-bottom: #000000 1px solid; padding-bottom: 2.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.25pt;" colspan="4">
<div style="text-align: center; white-space: nowrap;">2014</div>
</td>
<td style="border-bottom: #ffffff 1px solid; width: 6pt; padding: 0pt;">​</td>
<td style="border-bottom: #ffffff 1px solid; width: 6pt; padding: 0pt;">​</td>
<td style="border-bottom: #000000 1px solid; padding-bottom: 2.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.25pt;" colspan="4">
<div style="text-align: center; white-space: nowrap;">2013</div>
</td>
<td style="border-bottom: #ffffff 1px solid; width: 0pt; padding: 0pt;">​</td>
</tr>
<tr style="text-align: left; text-transform: none; font: bold italic 8pt/8pt 'times new roman', times, serif; white-space: nowrap; color: #000000; vertical-align: bottom;">
<td style="padding-bottom: 0.5pt; padding-left: 0pt; width: 306.88pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="text-align: center; padding-bottom: 0.5pt; padding-left: 0pt; width: 0pt; padding-right: 0pt; padding-top: 3.25pt;" colspan="16">
<div style="text-align: center; white-space: nowrap;">(in thousands)</div>
</td>
<td style="width: 0pt; padding: 0pt;">​</td>
</tr>
<tr style="text-align: right; text-transform: none; background-color: #cceeff; font: 10pt/12pt 'times new roman', times, serif; white-space: nowrap; color: #000000; vertical-align: bottom;">
<td style="text-align: left; padding-bottom: 0.833pt; padding-left: 0pt; width: 306.88pt; padding-right: 0pt; white-space: normal; padding-top: 2.167pt;">
<div style="text-indent: -10pt; margin-left: 10pt;">Reserve for losses and loss adjustment expenses net of reinsurance recoverables at beginning of period</div>
</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="min-width: 3.75pt; text-align: right; padding-bottom: 0.833pt; padding-left: 0pt; padding-right: 0pt; padding-top: 2.167pt;">$</td>
<td style="min-width: 24.75pt; text-align: right; padding-bottom: 0.833pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 2.167pt;">589,042</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="min-width: 3.75pt; text-align: right; padding-bottom: 0.833pt; padding-left: 0pt; padding-right: 0pt; padding-top: 2.167pt;">$</td>
<td style="min-width: 24.75pt; text-align: right; padding-bottom: 0.833pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 2.167pt;">526,985</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="min-width: 3.75pt; text-align: right; padding-bottom: 0.833pt; padding-left: 0pt; padding-right: 0pt; padding-top: 2.167pt;">$</td>
<td style="min-width: 24.75pt; text-align: right; padding-bottom: 0.833pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 2.167pt;">533,909</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
</tr>
<tr style="text-align: left; text-transform: none; font: 10pt/10pt 'times new roman', times, serif; white-space: nowrap; color: #000000; vertical-align: bottom;">
<td style="padding-bottom: 1.5pt; padding-left: 0pt; width: 306.88pt; padding-right: 0pt; padding-top: 3.5pt;">Add: Incurred losses and loss adjustment expenses net of reinsurance:</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td colspan="6">​</td>
<td colspan="6">​</td>
<td colspan="6">​</td>
</tr>
<tr style="text-align: right; text-transform: none; background-color: #cceeff; font: 10pt/10pt 'times new roman', times, serif; white-space: nowrap; color: #000000; vertical-align: bottom;">
<td style="text-align: left; padding-bottom: 1.5pt; padding-left: 0pt; width: 306.88pt; padding-right: 0pt; padding-top: 3.5pt;">
<div style="margin-left: 10pt;">Current year</div>
</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="min-width: 3.75pt; text-align: right; padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.5pt;">​</td>
<td style="min-width: 24.75pt; text-align: right; padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3.5pt;">295,334</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt;
padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="min-width: 3.75pt; text-align: right; padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.5pt;">​</td>
<td style="min-width: 24.75pt; text-align: right; padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3.5pt;">264,786</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="min-width: 3.75pt; text-align: right; padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.5pt;">​</td>
<td style="min-width: 24.75pt; text-align: right; padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3.5pt;">221,938</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
</tr>
<tr style="text-align: right; text-transform: none; font: 10pt/10pt 'times new roman', times, serif; white-space: nowrap; color: #000000; vertical-align: bottom;">
<td style="border-bottom: #ffffff 1px solid; text-align: left; padding-bottom: 2.5pt; padding-left: 0pt; width: 306.88pt; padding-right: 0pt; padding-top: 3.5pt;">
<div style="margin-left: 10pt;">Prior years</div>
</td>
<td style="border-bottom: #ffffff 1px solid; width: 6pt; padding: 0pt;">​</td>
<td style="border-bottom: #ffffff 1px solid; width: 6pt; padding: 0pt;">​</td>
<td style="border-bottom: #ffffff 1px solid; width: 0pt; padding: 0pt;">​</td>
<td style="border-bottom: #000000 1px solid; min-width: 3.75pt; text-align: right; padding-bottom: 2.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.5pt;">​</td>
<td style="border-bottom: #000000 1px solid; min-width: 24.75pt; text-align: right; padding-bottom: 2.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3.5pt;">(16,318<font style="position: absolute;">)</font></td>
<td style="border-bottom: #ffffff 1px solid; width: 0pt; padding: 0pt;">​</td>
<td style="border-bottom: #ffffff 1px solid; width: 6pt; padding: 0pt;">​</td>
<td style="border-bottom: #ffffff 1px solid; width: 6pt; padding: 0pt;">​</td>
<td style="border-bottom: #ffffff 1px solid; width: 0pt; padding: 0pt;">​</td>
<td style="border-bottom: #000000 1px solid; min-width: 3.75pt; text-align: right; padding-bottom: 2.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.5pt;">​</td>
<td style="border-bottom: #000000 1px solid; min-width: 24.75pt; text-align: right; padding-bottom: 2.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3.5pt;">(27,418<font style="position: absolute;">)</font></td>
<td style="border-bottom: #ffffff 1px solid; width: 0pt; padding: 0pt;">​</td>
<td style="border-bottom: #ffffff 1px solid; width: 6pt; padding: 0pt;">​</td>
<td style="border-bottom: #ffffff 1px solid; width: 6pt; padding: 0pt;">​</td>
<td style="border-bottom: #ffffff 1px solid; width: 0pt; padding: 0pt;">​</td>
<td style="border-bottom: #000000 1px solid; min-width: 3.75pt; text-align: right; padding-bottom: 2.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.5pt;">​</td>
<td style="border-bottom: #000000 1px solid; min-width: 24.75pt; text-align: right; padding-bottom: 2.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3.5pt;">(37,452<font style="position: absolute;">)</font></td>
<td style="border-bottom: #ffffff 1px solid; width: 0pt; padding: 0pt;">​</td>
<td style="border-bottom: #ffffff 1px solid; width: 0pt; padding: 0pt;">​</td>
</tr>
<tr style="text-align: right; text-transform: none; background-color: #cceeff; font: 10pt/10pt 'times new roman', times, serif; white-space: nowrap; color: #000000; vertical-align: bottom;">
<td style="text-align: left; padding-bottom: 1.5pt; padding-left: 0pt; width: 306.88pt; padding-right: 0pt; padding-top: 3.25pt;">
<div style="white-space: nowrap;">Total incurred losses and loss and adjustment expenses</div>
</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="min-width: 3.75pt; text-align: right; padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.25pt;">​</td>
<td style="min-width: 24.75pt; text-align: right; padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3.25pt;">279,016</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="min-width: 3.75pt; text-align: right; padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.25pt;">​</td>
<td style="min-width: 24.75pt; text-align: right; padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3.25pt;">237,368</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="min-width: 3.75pt; text-align: right; padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.25pt;">​</td>
<td style="min-width: 24.75pt; text-align: right; padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3.25pt;">184,486</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
</tr>
<tr style="text-align: left; text-transform: none; font: 10pt/10pt 'times new roman', times, serif; white-space: nowrap; color: #000000; vertical-align: bottom;">
<td style="padding-bottom: 1.5pt; padding-left: 0pt; width: 306.88pt; padding-right: 0pt; padding-top: 3.5pt;">
<div style="white-space: nowrap;">Deduct: Loss and loss adjustment expense payments net of reinsurance:</div>
</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td colspan="6">​</td>
<td colspan="6">​</td>
<td colspan="6">​</td>
</tr>
<tr style="text-align: right; text-transform: none; background-color: #cceeff; font: 10pt/10pt 'times new roman', times, serif; white-space: nowrap; color: #000000; vertical-align: bottom;">
<td style="text-align: left; padding-bottom: 1.5pt; padding-left: 0pt; width: 306.88pt; padding-right: 0pt; padding-top: 3.5pt;">
<div style="margin-left: 10pt;">Current year</div>
</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="min-width: 3.75pt; text-align: right; padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt;
padding-top: 3.5pt;">​</td>
<td style="min-width: 24.75pt; text-align: right; padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3.5pt;">31,957</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="min-width: 3.75pt; text-align: right; padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.5pt;">​</td>
<td style="min-width: 24.75pt; text-align: right; padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3.5pt;">25,942</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="min-width: 3.75pt; text-align: right; padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.5pt;">​</td>
<td style="min-width: 24.75pt; text-align: right; padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3.5pt;">19,485</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
</tr>
<tr style="text-align: right; text-transform: none; font: 10pt/10pt 'times new roman', times, serif; white-space: nowrap; color: #000000; vertical-align: bottom;">
<td style="border-bottom: #ffffff 1px solid; text-align: left; padding-bottom: 2.5pt; padding-left: 0pt; width: 306.88pt; padding-right: 0pt; padding-top: 3.5pt;">
<div style="margin-left: 10pt;">Prior years</div>
</td>
<td style="border-bottom: #ffffff 1px solid; width: 6pt; padding: 0pt;">​</td>
<td style="border-bottom: #ffffff 1px solid; width: 6pt; padding: 0pt;">​</td>
<td style="border-bottom: #ffffff 1px solid; width: 0pt; padding: 0pt;">​</td>
<td style="border-bottom: #000000 1px solid; min-width: 3.75pt; text-align: right; padding-bottom: 2.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.5pt;">​</td>
<td style="border-bottom: #000000 1px solid; min-width: 24.75pt; text-align: right; padding-bottom: 2.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3.5pt;">182,567</td>
<td style="border-bottom: #ffffff 1px solid; width: 0pt; padding: 0pt;">​</td>
<td style="border-bottom: #ffffff 1px solid; width: 6pt; padding: 0pt;">​</td>
<td style="border-bottom: #ffffff 1px solid; width: 6pt; padding: 0pt;">​</td>
<td style="border-bottom: #ffffff 1px solid; width: 0pt; padding: 0pt;">​</td>
<td style="border-bottom: #000000 1px solid; min-width: 3.75pt; text-align: right; padding-bottom: 2.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.5pt;">​</td>
<td style="border-bottom: #000000 1px solid; min-width: 24.75pt; text-align: right; padding-bottom: 2.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3.5pt;">149,369</td>
<td style="border-bottom: #ffffff 1px solid; width: 0pt; padding: 0pt;">​</td>
<td style="border-bottom: #ffffff 1px solid; width: 6pt; padding: 0pt;">​</td>
<td style="border-bottom: #ffffff 1px solid; width: 6pt; padding: 0pt;">​</td>
<td style="border-bottom: #ffffff 1px solid; width: 0pt; padding: 0pt;">​</td>
<td style="border-bottom: #000000 1px solid; min-width: 3.75pt; text-align: right; padding-bottom: 2.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.5pt;">​</td>
<td style="border-bottom: #000000 1px solid; min-width: 24.75pt; text-align: right; padding-bottom: 2.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3.5pt;">171,925</td>
<td style="border-bottom: #ffffff 1px solid; width: 0pt; padding: 0pt;">​</td>
<td style="border-bottom: #ffffff 1px solid; width: 0pt; padding: 0pt;">​</td>
</tr>
<tr style="text-align: right; text-transform: none; background-color: #cceeff; font: 10pt/10pt 'times new roman', times, serif; white-space: nowrap; color: #000000; vertical-align: bottom;">
<td style="border-bottom: #cceeff 1px solid; text-align: left; padding-bottom: 2.5pt; padding-left: 0pt; width: 306.88pt; padding-right: 0pt; padding-top: 3.25pt;">
<div style="white-space: nowrap;">Total loss and loss adjustment expense payments</div>
</td>
<td style="border-bottom: #cceeff 1px solid; width: 6pt; padding: 0pt;">​</td>
<td style="border-bottom: #cceeff 1px solid; width: 6pt; padding: 0pt;">​</td>
<td style="border-bottom: #cceeff 1px solid; width: 0pt; padding: 0pt;">​</td>
<td style="border-bottom: #000000 1px solid; min-width: 3.75pt; text-align: right; padding-bottom: 2.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.25pt;">​</td>
<td style="border-bottom: #000000 1px solid; min-width: 24.75pt; text-align: right; padding-bottom: 2.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3.25pt;">214,524</td>
<td style="border-bottom: #cceeff 1px solid; width: 0pt; padding: 0pt;">​</td>
<td style="border-bottom: #cceeff 1px solid; width: 6pt; padding: 0pt;">​</td>
<td style="border-bottom: #cceeff 1px solid; width: 6pt; padding: 0pt;">​</td>
<td style="border-bottom: #cceeff 1px solid; width: 0pt; padding: 0pt;">​</td>
<td style="border-bottom: #000000 1px solid; min-width: 3.75pt; text-align: right; padding-bottom: 2.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.25pt;">​</td>
<td style="border-bottom: #000000 1px solid; min-width: 24.75pt; text-align: right; padding-bottom: 2.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3.25pt;">175,311</td>
<td style="border-bottom: #cceeff 1px solid; width: 0pt; padding: 0pt;">​</td>
<td style="border-bottom: #cceeff 1px solid; width: 6pt; padding: 0pt;">​</td>
<td style="border-bottom: #cceeff 1px solid; width: 6pt; padding: 0pt;">​</td>
<td style="border-bottom: #cceeff 1px solid; width: 0pt; padding: 0pt;">​</td>
<td style="border-bottom: #000000 1px solid; min-width: 3.75pt; text-align: right; padding-bottom: 2.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.25pt;">​</td>
<td style="border-bottom: #000000 1px solid; min-width: 24.75pt; text-align: right; padding-bottom: 2.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3.25pt;">191,410</td>
<td style="border-bottom: #cceeff 1px solid; width: 0pt; padding: 0pt;">​</td>
<td style="border-bottom: #cceeff 1px solid; width: 0pt; padding: 0pt;">​</td>
</tr>
<tr style="text-align: right; text-transform: none; font: 10pt/12pt 'times new roman', times, serif; white-space: nowrap; color: #000000; vertical-align: bottom;">
<td style="text-align: left; padding-bottom: 0.833pt; padding-left: 0pt; width: 306.88pt; padding-right: 0pt; white-space: normal; padding-top:
1.917pt;">
<div style="text-indent: -10pt; margin-left: 10pt;">Reserve for losses and loss adjustment expenses net of reinsurance recoverables at end of period</div>
</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="min-width: 3.75pt; text-align: right; padding-bottom: 0.833pt; padding-left: 0pt; padding-right: 0pt; padding-top: 1.917pt;">​</td>
<td style="min-width: 24.75pt; text-align: right; padding-bottom: 0.833pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 1.917pt;">653,534</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="min-width: 3.75pt; text-align: right; padding-bottom: 0.833pt; padding-left: 0pt; padding-right: 0pt; padding-top: 1.917pt;">​</td>
<td style="min-width: 24.75pt; text-align: right; padding-bottom: 0.833pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 1.917pt;">589,042</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="min-width: 3.75pt; text-align: right; padding-bottom: 0.833pt; padding-left: 0pt; padding-right: 0pt; padding-top: 1.917pt;">​</td>
<td style="min-width: 24.75pt; text-align: right; padding-bottom: 0.833pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 1.917pt;">526,985</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
</tr>
<tr style="text-align: right; text-transform: none; background-color: #cceeff; font: 10pt/12pt 'times new roman', times, serif; white-space: nowrap; color: #000000; vertical-align: bottom;">
<td style="border-bottom: #cceeff 1px solid; text-align: left; padding-bottom: 1.833pt; padding-left: 0pt; width: 306.88pt; padding-right: 0pt; white-space: normal; padding-top: 2.167pt;">
<div style="text-indent: -10pt; margin-left: 10pt;">Add: Reinsurance recoverables on unpaid losses and loss adjustment expenses at end of period</div>
</td>
<td style="border-bottom: #cceeff 1px solid; width: 6pt; padding: 0pt;">​</td>
<td style="border-bottom: #cceeff 1px solid; width: 6pt; padding: 0pt;">​</td>
<td style="border-bottom: #cceeff 1px solid; width: 0pt; padding: 0pt;">​</td>
<td style="border-bottom: #000000 1px solid; min-width: 3.75pt; text-align: right; padding-bottom: 1.833pt; padding-left: 0pt; padding-right: 0pt; padding-top: 2.167pt;">​</td>
<td style="border-bottom: #000000 1px solid; min-width: 24.75pt; text-align: right; padding-bottom: 1.833pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 2.167pt;">131,788</td>
<td style="border-bottom: #cceeff 1px solid; width: 0pt; padding: 0pt;">​</td>
<td style="border-bottom: #cceeff 1px solid; width: 6pt; padding: 0pt;">​</td>
<td style="border-bottom: #cceeff 1px solid; width: 6pt; padding: 0pt;">​</td>
<td style="border-bottom: #cceeff 1px solid; width: 0pt; padding: 0pt;">​</td>
<td style="border-bottom: #000000 1px solid; min-width: 3.75pt; text-align: right; padding-bottom: 1.833pt; padding-left: 0pt; padding-right: 0pt; padding-top: 2.167pt;">​</td>
<td style="border-bottom: #000000 1px solid; min-width: 24.75pt; text-align: right; padding-bottom: 1.833pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 2.167pt;">127,254</td>
<td style="border-bottom: #cceeff 1px solid; width: 0pt; padding: 0pt;">​</td>
<td style="border-bottom: #cceeff 1px solid; width: 6pt; padding: 0pt;">​</td>
<td style="border-bottom: #cceeff 1px solid; width: 6pt; padding: 0pt;">​</td>
<td style="border-bottom: #cceeff 1px solid; width: 0pt; padding: 0pt;">​</td>
<td style="border-bottom: #000000 1px solid; min-width: 3.75pt; text-align: right; padding-bottom: 1.833pt; padding-left: 0pt; padding-right: 0pt; padding-top: 2.167pt;">​</td>
<td style="border-bottom: #000000 1px solid; min-width: 24.75pt; text-align: right; padding-bottom: 1.833pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 2.167pt;">119,467</td>
<td style="border-bottom: #cceeff 1px solid; width: 0pt; padding: 0pt;">​</td>
<td style="border-bottom: #cceeff 1px solid; width: 0pt; padding: 0pt;">​</td>
</tr>
<tr style="text-align: right; text-transform: none; font: 10pt/12pt 'times new roman', times, serif; white-space: nowrap; color: #000000; vertical-align: bottom;">
<td style="text-align: left; padding-bottom: 2.75pt; padding-left: 0pt; width: 306.88pt; padding-right: 0pt; white-space: normal; padding-top: 1.917pt;">
<div style="text-indent: -10pt; margin-left: 10pt;">Reserve for losses and loss adjustment expenses gross of reinsurance recoverables on unpaid losses and loss adjustment expenses at end of period</div>
</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="border-bottom: #000000 3px double; min-width: 3.75pt; text-align: right; padding-bottom: 2pt; padding-left: 0pt; padding-right: 0pt; padding-top: 1.917pt;">$</td>
<td style="border-bottom: #000000 3px double; min-width: 24.75pt; text-align: right; padding-bottom: 2pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 1.917pt;">785,322</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="border-bottom: #000000 3px double; min-width: 3.75pt; text-align: right; padding-bottom: 2pt; padding-left: 0pt; padding-right: 0pt; padding-top: 1.917pt;">$</td>
<td style="border-bottom: #000000 3px double; min-width: 24.75pt; text-align: right; padding-bottom: 2pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 1.917pt;">716,296</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="border-bottom: #000000 3px double; min-width: 3.75pt; text-align: right; padding-bottom: 2pt; padding-left: 0pt; padding-right: 0pt; padding-top: 1.917pt;">$</td>
<td style="border-bottom: #000000 3px double; min-width: 24.75pt; text-align: right; padding-bottom: 2pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 1.917pt;">646,452</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
</tr>
<tr style="line-height: 4pt; height: 4pt;">
<td
style="line-height: 0pt; font-size: 0pt; padding: 0pt;" colspan="23">​</td>
</tr>
</table>
<table style="widows: 1; text-transform: none; margin-top: 8pt; text-indent: 0px; width: 100%; border-collapse: collapse; font: 13px 'times new roman', times, serif; white-space: normal; letter-spacing: normal; height: 192px; color: #000000; word-spacing: 0px; -webkit-text-stroke-width: 0px;" border="0">
<tr style="text-align: left; text-transform: none; font: bold 8pt/8pt 'times new roman', times, serif; white-space: nowrap; color: #000000; vertical-align: bottom;">
<td style="border-bottom: #ffffff 1px solid; padding-bottom: 0.5pt; padding-left: 0pt; width: 315.22pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="border-bottom: #ffffff 1px solid; width: 6pt; padding: 0pt;">​</td>
<td style="border-bottom: #ffffff 1px solid; width: 6pt; padding: 0pt;">​</td>
<td style="border-bottom: #000000 1px solid; text-align: center; padding-bottom: 2.5pt; padding-left: 0pt; width: 0pt; padding-right: 0pt; padding-top: 0pt;" colspan="16">
<div style="text-align: center; white-space: nowrap;">Year Ended December 31,</div>
</td>
<td style="border-bottom: #ffffff 1px solid; width: 0pt; padding: 0pt;">​</td>
</tr>
<tr style="text-align: center; text-transform: none; font: bold 8pt/8pt 'times new roman', times, serif; white-space: nowrap; color: #000000; vertical-align: bottom;">
<td style="border-bottom: #ffffff 1px solid; text-align: left; padding-bottom: 0.5pt; padding-left: 0pt; width: 315.22pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="border-bottom: #ffffff 1px solid; width: 6pt; padding: 0pt;">​</td>
<td style="border-bottom: #ffffff 1px solid; width: 6pt; padding: 0pt;">​</td>
<td style="border-bottom: #000000 1px solid; padding-bottom: 2.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.25pt;" colspan="4">
<div style="text-align: center; white-space: nowrap;">2015</div>
</td>
<td style="border-bottom: #ffffff 1px solid; width: 6pt; padding: 0pt;">​</td>
<td style="border-bottom: #ffffff 1px solid; width: 6pt; padding: 0pt;">​</td>
<td style="border-bottom: #000000 1px solid; padding-bottom: 2.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.25pt;" colspan="4">
<div style="text-align: center; white-space: nowrap;">2014</div>
</td>
<td style="border-bottom: #ffffff 1px solid; width: 6pt; padding: 0pt;">​</td>
<td style="border-bottom: #ffffff 1px solid; width: 6pt; padding: 0pt;">​</td>
<td style="border-bottom: #000000 1px solid; padding-bottom: 2.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.25pt;" colspan="4">
<div style="text-align: center; white-space: nowrap;">2013</div>
</td>
<td style="border-bottom: #ffffff 1px solid; width: 0pt; padding: 0pt;">​</td>
</tr>
<tr style="text-align: left; text-transform: none; font: bold italic 8pt/8pt 'times new roman', times, serif; white-space: nowrap; color: #000000; vertical-align: bottom;">
<td style="padding-bottom: 0.5pt; padding-left: 0pt; width: 315.22pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="text-align: center; padding-bottom: 0.5pt; padding-left: 0pt; width: 0pt; padding-right: 0pt; padding-top: 3.25pt;" colspan="16">
<div style="text-align: center; white-space: nowrap;">(in thousands)</div>
</td>
<td style="width: 0pt; padding: 0pt;">​</td>
</tr>
<tr style="text-align: right; text-transform: none; background-color: #cceeff; font: 10pt/12pt 'times new roman', times, serif; white-space: nowrap; color: #000000; vertical-align: bottom;">
<td style="text-align: left; padding-bottom: 0.833pt; padding-left: 0pt; width: 315.22pt; padding-right: 0pt; white-space: normal; padding-top: 2.167pt;">
<div style="text-indent: -10pt; margin-left: 10pt;">Unrealized (losses) gains arising during the period, before U.S. income taxes</div>
</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="min-width: 3.75pt; text-align: right; padding-bottom: 0.833pt; padding-left: 0pt; padding-right: 0pt; padding-top: 2.167pt;">$</td>
<td style="min-width: 23.25pt; text-align: right; padding-bottom: 0.833pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 2.167pt;">(13,707<font style="position: absolute;">)</font></td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="min-width: 3.75pt; text-align: right; padding-bottom: 0.833pt; padding-left: 0pt; padding-right: 0pt; padding-top: 2.167pt;">$</td>
<td style="min-width: 21pt; text-align: right; padding-bottom: 0.833pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 2.167pt;">12,910</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="min-width: 3.75pt; text-align: right; padding-bottom: 0.833pt; padding-left: 0pt; padding-right: 0pt; padding-top: 2.167pt;">$</td>
<td style="min-width: 23.25pt; text-align: right; padding-bottom: 0.833pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 2.167pt;">(37,225<font style="position: absolute;">)</font></td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
</tr>
<tr style="text-align: right; text-transform: none; font: 10pt/10pt 'times new roman', times, serif; white-space: nowrap; color: #000000; vertical-align: bottom;">
<td style="border-bottom: #ffffff 1px solid; text-align: left; padding-bottom: 2.5pt; padding-left: 0pt; width: 315.22pt; padding-right: 0pt; padding-top: 3.5pt;">
<div style="white-space: nowrap;">U.S. income taxes</div>
</td>
<td style="border-bottom: #ffffff 1px solid; width: 6pt; padding: 0pt;">​</td>
<td style="border-bottom: #ffffff 1px solid; width: 6pt; padding: 0pt;">​</td>
<td style="border-bottom: #ffffff 1px solid; width: 0pt; padding: 0pt;">​</td>
<td style="border-bottom: #000000 1px solid; min-width: 3.75pt; text-align: right; padding-bottom: 2.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.5pt;">​</td>
<td style="border-bottom: #000000 1px solid; min-width: 23.25pt; text-align: right; padding-bottom: 2.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3.5pt;">517</td>
<td style="border-bottom: #ffffff 1px solid; width: 0pt; padding: 0pt;">​</td>
<td style="border-bottom: #ffffff 1px solid; width: 6pt; padding: 0pt;">​</td>
<td style="border-bottom: #ffffff 1px solid; width: 6pt; padding: 0pt;">​</td>
<td style="border-bottom: #ffffff 1px solid; width: 0pt; padding: 0pt;">​</td>
<td style="border-bottom: #000000 1px solid; min-width: 3.75pt; text-align: right; padding-bottom: 2.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.5pt;">​</td>
<td style="border-bottom: #000000 1px solid; min-width: 21pt; text-align: right; padding-bottom: 2.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3.5pt;">(2,820<font style="position: absolute;">)</font></td>
<td style="border-bottom: #ffffff 1px solid; width: 0pt; padding: 0pt;">​</td>
<td style="border-bottom: #ffffff 1px solid; width: 6pt; padding: 0pt;">​</td>
<td style="border-bottom: #ffffff 1px solid; width: 6pt; padding: 0pt;">​</td>
<td style="border-bottom: #ffffff 1px solid; width: 0pt; padding: 0pt;">​</td>
<td style="border-bottom: #000000 1px solid; min-width: 3.75pt; text-align: right; padding-bottom: 2.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.5pt;">​</td>
<td style="border-bottom: #000000 1px solid; min-width: 23.25pt; text-align: right; padding-bottom: 2.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3.5pt;">5,854</td>
<td style="border-bottom: #ffffff 1px solid; width: 0pt; padding: 0pt;">​</td>
<td style="border-bottom: #ffffff 1px solid; width: 0pt; padding: 0pt;">​</td>
</tr>
<tr style="text-align: right; text-transform: none; background-color: #cceeff; font: 10pt/12pt 'times new roman', times, serif; white-space: nowrap; color: #000000; vertical-align: bottom;">
<td style="text-align: left; padding-bottom: 0.833pt; padding-left: 0pt; width: 315.22pt; padding-right: 0pt; white-space: normal; padding-top: 1.917pt;">
<div style="text-indent: -10pt; margin-left: 10pt;">Unrealized (losses) gains arising during the period, net of U.S. income taxes</div>
</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="min-width: 3.75pt; text-align: right; padding-bottom: 0.833pt; padding-left: 0pt; padding-right: 0pt; padding-top: 1.917pt;">​</td>
<td style="min-width: 23.25pt; text-align: right; padding-bottom: 0.833pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 1.917pt;">(13,190<font style="position: absolute;">)</font></td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="min-width: 3.75pt; text-align: right; padding-bottom: 0.833pt; padding-left: 0pt; padding-right: 0pt; padding-top: 1.917pt;">​</td>
<td style="min-width: 21pt; text-align: right; padding-bottom: 0.833pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 1.917pt;">10,090</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="min-width: 3.75pt; text-align: right; padding-bottom: 0.833pt; padding-left: 0pt; padding-right: 0pt; padding-top: 1.917pt;">​</td>
<td style="min-width: 23.25pt; text-align: right; padding-bottom: 0.833pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 1.917pt;">(31,371<font style="position: absolute;">)</font></td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
</tr>
<tr style="text-align: left; text-transform: none; font: 10pt/10pt 'times new roman', times, serif; white-space: nowrap; color: #000000; vertical-align: bottom;">
<td style="padding-bottom: 1.5pt; padding-left: 0pt; width: 315.22pt; padding-right: 0pt; padding-top: 3.5pt;">Less reclassification adjustment:</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td colspan="6">​</td>
<td colspan="6">​</td>
<td colspan="6">​</td>
</tr>
<tr style="text-align: right; text-transform: none; background-color: #cceeff; font: 10pt/10pt 'times new roman', times, serif; white-space: nowrap; color: #000000; vertical-align: bottom;">
<td style="text-align: left; padding-bottom: 1.5pt; padding-left: 0pt; width: 315.22pt; padding-right: 0pt; padding-top: 3.5pt;">
<div style="margin-left: 10pt;">Net realized investment gains (losses)</div>
</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="min-width: 3.75pt; text-align: right; padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.5pt;">​</td>
<td style="min-width: 23.25pt; text-align: right; padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3.5pt;">2,402</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="min-width: 3.75pt; text-align: right; padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.5pt;">​</td>
<td style="min-width: 21pt; text-align: right; padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3.5pt;">(1,734<font style="position: absolute;">)</font></td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="min-width: 3.75pt; text-align: right; padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.5pt;">​</td>
<td style="min-width: 23.25pt; text-align: right; padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3.5pt;">10,733</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
</tr>
<tr style="text-align: right; text-transform: none; font: 10pt/10pt 'times new roman', times, serif; white-space: nowrap; color: #000000; vertical-align: bottom;">
<td style="border-bottom: #ffffff 1px solid; text-align: left; padding-bottom: 2.5pt; padding-left: 0pt; width: 315.22pt; padding-right: 0pt; padding-top: 3.5pt;">
<div style="margin-left: 10pt;">U.S. income taxes</div>
</td>
<td style="border-bottom: #ffffff 1px solid; width: 6pt; padding: 0pt;">​</td>
<td style="border-bottom: #ffffff 1px solid; width: 6pt; padding: 0pt;">​</td>
<td style="border-bottom: #ffffff 1px solid; width: 0pt; padding: 0pt;">​</td>
<td style="border-bottom: #000000 1px solid; min-width: 3.75pt; text-align: right; padding-bottom: 2.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.5pt;">​</td>
<td style="border-bottom: #000000 1px solid; min-width: 23.25pt; text-align: right; padding-bottom: 2.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3.5pt;">(422<font style="position: absolute;">)</font></td>
<td style="border-bottom: #ffffff 1px solid; width: 0pt; padding: 0pt;">​</td>
<td style="border-bottom: #ffffff 1px solid; width: 6pt; padding: 0pt;">​</td>
<td style="border-bottom: #ffffff 1px solid; width: 6pt; padding: 0pt;">​</td>
<td style="border-bottom: #ffffff 1px solid; width: 0pt; padding: 0pt;">​</td>
<td style="border-bottom: #000000 1px solid; min-width: 3.75pt; text-align: right; padding-bottom: 2.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.5pt;">​</td>
<td style="border-bottom: #000000 1px solid; min-width: 21pt; text-align: right; padding-bottom: 2.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3.5pt;">669</td>
<td style="border-bottom: #ffffff 1px solid; width: 0pt; padding: 0pt;">​</td>
<td style="border-bottom: #ffffff 1px solid; width: 6pt; padding: 0pt;">​</td>
<td style="border-bottom: #ffffff 1px solid; width: 6pt; padding: 0pt;">​</td>
<td style="border-bottom: #ffffff 1px solid; width: 0pt; padding: 0pt;">​</td>
<td style="border-bottom: #000000 1px solid; min-width: 3.75pt; text-align: right; padding-bottom: 2.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.5pt;">​</td>
<td style="border-bottom: #000000 1px solid; min-width: 23.25pt; text-align: right; padding-bottom: 2.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3.5pt;">(2,859<font style="position: absolute;">)</font></td>
<td style="border-bottom: #ffffff 1px solid; width: 0pt; padding: 0pt;">​</td>
<td style="border-bottom: #ffffff 1px solid; width: 0pt; padding: 0pt;">​</td>
</tr>
<tr style="text-align: right; text-transform: none; background-color: #cceeff; font: 10pt/12pt 'times new roman', times, serif; white-space: nowrap; color: #000000; vertical-align: bottom;">
<td style="border-bottom: #cceeff 1px solid; text-align: left; padding-bottom: 1.833pt; padding-left: 0pt; width: 315.22pt; padding-right: 0pt; white-space: normal; padding-top: 1.917pt;">
<div style="line-height: 12pt; text-indent: -10pt; margin-bottom: -0.5pt; margin-left: 10pt;">Reclassification adjustment for investment gains (losses) realized in net income</div>
</td>
<td style="border-bottom: #cceeff 1px solid; width: 6pt; padding: 0pt;">​</td>
<td style="border-bottom: #cceeff 1px solid; width: 6pt; padding: 0pt;">​</td>
<td style="border-bottom: #cceeff 1px solid; width: 0pt; padding: 0pt;">​</td>
<td style="border-bottom: #000000 1px solid; min-width: 3.75pt; text-align: right; padding-bottom: 1.833pt; padding-left: 0pt; padding-right: 0pt; padding-top: 1.917pt;">​</td>
<td style="border-bottom: #000000 1px solid; min-width: 23.25pt; text-align: right; padding-bottom: 1.833pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 1.917pt;">1,980</td>
<td style="border-bottom: #cceeff 1px solid; width: 0pt; padding: 0pt;">​</td>
<td style="border-bottom: #cceeff 1px solid; width: 6pt; padding: 0pt;">​</td>
<td style="border-bottom: #cceeff 1px solid; width: 6pt; padding: 0pt;">​</td>
<td style="border-bottom: #cceeff 1px solid; width: 0pt; padding: 0pt;">​</td>
<td style="border-bottom: #000000 1px solid; min-width: 3.75pt; text-align: right; padding-bottom: 1.833pt; padding-left: 0pt; padding-right: 0pt; padding-top: 1.917pt;">​</td>
<td style="border-bottom: #000000 1px solid; min-width: 21pt; text-align: right; padding-bottom: 1.833pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 1.917pt;">(1,065<font style="position: absolute;">)</font></td>
<td style="border-bottom: #cceeff 1px solid; width: 0pt; padding: 0pt;">​</td>
<td style="border-bottom: #cceeff 1px solid; width: 6pt; padding: 0pt;">​</td>
<td style="border-bottom: #cceeff 1px solid; width: 6pt; padding: 0pt;">​</td>
<td style="border-bottom: #cceeff 1px solid; width: 0pt; padding: 0pt;">​</td>
<td style="border-bottom: #000000 1px solid; min-width: 3.75pt; text-align: right; padding-bottom: 1.833pt; padding-left: 0pt; padding-right: 0pt; padding-top: 1.917pt;">​</td>
<td style="border-bottom: #000000 1px solid; min-width: 23.25pt; text-align: right; padding-bottom: 1.833pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 1.917pt;">7,874</td>
<td style="border-bottom: #cceeff 1px solid; width: 0pt; padding: 0pt;">​</td>
<td style="border-bottom: #cceeff 1px solid; width: 0pt; padding: 0pt;">​</td>
</tr>
<tr style="text-align: right; text-transform: none; font: 10pt/10pt 'times new roman', times, serif; white-space: nowrap; color: #000000; vertical-align: bottom;">
<td style="text-align: left; padding-bottom: 2.75pt; padding-left: 0pt; width: 315.22pt; padding-right: 0pt; padding-top: 3.25pt;">
<div style="white-space: nowrap;">Other comprehensive (loss) income</div>
</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="border-bottom: #000000 3px double; min-width: 3.75pt; text-align: right; padding-bottom: 2pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.25pt;">$</td>
<td style="border-bottom: #000000 3px double; min-width: 23.25pt; text-align: right; padding-bottom: 2pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3.25pt;">(15,170<font style="position: absolute;">)</font></td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="border-bottom: #000000 3px double; min-width: 3.75pt; text-align: right; padding-bottom: 2pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.25pt;">$</td>
<td style="border-bottom: #000000 3px double; min-width: 21pt; text-align: right; padding-bottom: 2pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3.25pt;">11,155</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="border-bottom: #000000 3px double; min-width: 3.75pt; text-align: right; padding-bottom: 2pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.25pt;">$</td>
<td style="border-bottom: #000000 3px double; min-width: 23.25pt; text-align: right; padding-bottom: 2pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3.25pt;">(39,245<font style="position: absolute;">)</font></td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
</tr>
<tr style="line-height: 4pt; height: 4pt;">
<td style="line-height: 0pt; font-size: 0pt; padding: 0pt;" colspan="23">​</td>
</tr>
</table>
<div> </div>
<table align="center" style="widows: 1; text-transform: none; text-indent: 0px; width: 100%; border-collapse: collapse; font: 13px 'times new roman', times, serif; white-space: normal; letter-spacing: normal; height: 500px; color: #000000; word-spacing: 0px; -webkit-text-stroke-width: 0px;" border="0">
<tr style="text-align: center; text-transform: none; font: bold 8pt/9pt 'times new roman', times, serif; white-space: nowrap; color: #000000; vertical-align: bottom;">
<td style="border-bottom: #ffffff 1px solid; text-align: left; padding-bottom: 0.5pt; padding-left: 0pt; width: 184.51pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="border-bottom: #ffffff 1px solid; width: 6pt; padding: 0pt;">​</td>
<td style="border-bottom: #ffffff 1px solid; width: 6pt; padding: 0pt;">​</td>
<td style="border-bottom: #000000 1px solid; padding-bottom: 1.667pt; padding-left: 0pt; padding-right: 0pt; padding-top: 0pt;" colspan="4">
<div style="text-align: center;">Excess and <br />Surplus Lines</div>
</td>
<td style="border-bottom: #ffffff 1px solid; width: 6pt; padding: 0pt;">​</td>
<td style="border-bottom: #ffffff 1px solid; width: 6pt; padding: 0pt;">​</td>
<td style="border-bottom: #000000 1px solid; padding-bottom: 1.667pt; padding-left: 0pt; padding-right: 0pt; padding-top: 0pt;" colspan="4">
<div style="text-align: center;">Specialty <br />Admitted <br />Insurance</div>
</td>
<td style="border-bottom: #ffffff 1px solid; width: 6pt; padding: 0pt;">​</td>
<td style="border-bottom: #ffffff 1px solid; width: 6pt; padding: 0pt;">​</td>
<td style="border-bottom: #000000 1px solid; padding-bottom: 1.667pt; padding-left: 0pt; padding-right: 0pt; padding-top: 0pt;" colspan="4">
<div style="text-align: center;">Casualty <br />Reinsurance</div>
</td>
<td style="border-bottom: #ffffff 1px solid; width: 6pt; padding: 0pt;">​</td>
<td style="border-bottom: #ffffff 1px solid; width: 6pt; padding: 0pt;">​</td>
<td style="border-bottom: #000000 1px solid; padding-bottom: 1.667pt; padding-left: 0pt; padding-right: 0pt; padding-top: 0pt;" colspan="4">
<div style="text-align: center;">Corporate <br />and <br />Other</div>
</td>
<td style="border-bottom: #ffffff 1px solid; width: 6pt; padding: 0pt;">​</td>
<td style="border-bottom: #ffffff 1px solid; width: 6pt; padding: 0pt;">​</td>
<td style="border-bottom: #000000 1px solid; padding-bottom: 1.667pt; padding-left: 0pt; padding-right: 0pt; padding-top: 0pt;" colspan="4">
<div style="text-align: center; white-space: nowrap;">Total</div>
</td>
<td style="border-bottom: #ffffff 1px solid; width: 0pt; padding: 0pt;">​</td>
</tr>
<tr style="text-align: left; text-transform: none; font: bold italic 8pt/8pt 'times new roman', times, serif; white-space: nowrap; color: #000000; vertical-align: bottom;">
<td style="padding-bottom: 0.5pt; padding-left: 0pt; width: 184.51pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="text-align: center; padding-bottom: 1pt; padding-left: 0pt; width: 0pt; padding-right: 0pt; padding-top: 2.75pt;" colspan="28">
<div style="text-align: center; white-space: nowrap;">(in thousands)</div>
</td>
<td style="width: 0pt; padding: 0pt;">​</td>
</tr>
<tr style="text-align: left; text-transform: none; background-color: #cceeff; font: bold 10pt/12pt 'times new roman', times, serif; white-space: normal; color: #000000; vertical-align: bottom;">
<td style="padding-bottom: 0.5pt; padding-left: 0pt; width: 184.51pt; padding-right: 0pt; padding-top: 1.667pt;">
<div style="text-indent: -10pt; margin-left: 10pt;">As of and for the Year Ended <br />December 31, 2015</div>
</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td colspan="6">​</td>
<td colspan="6">​</td>
<td colspan="6">​</td>
<td colspan="6">​</td>
<td colspan="6">​</td>
</tr>
<tr style="text-align: right; text-transform: none; font: 10pt/10pt 'times new roman', times, serif; white-space: nowrap; color: #000000; vertical-align: bottom;">
<td style="text-align: left; padding-bottom: 1pt; padding-left: 0pt; width: 184.51pt; padding-right: 0pt; padding-top: 3pt;">
<div style="white-space: nowrap;">Gross written premiums</div>
</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="padding-bottom: 0pt; padding-left: 3.765pt; width: 0pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="min-width: 3.75pt; text-align: right; padding-bottom: 1pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3pt;">$</td>
<td style="min-width: 24.75pt; text-align: right; padding-bottom: 1pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3pt;">308,717</td>
<td style="padding-bottom: 0pt; padding-left: 3.765pt; width: 0pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="min-width: 3.75pt; text-align: right; padding-bottom: 1pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3pt;">$</td>
<td style="min-width: 24.75pt; text-align: right; padding-bottom: 1pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3pt;">90,978</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="min-width: 3.75pt; text-align: right; padding-bottom: 1pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3pt;">$</td>
<td style="min-width: 30.75pt; text-align: right; padding-bottom: 1pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3pt;">172,499</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="min-width: 3.75pt; text-align: right; padding-bottom: 1pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3pt;">$</td>
<td style="min-width: 24.75pt; text-align: right; padding-bottom: 1pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3pt;">—</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="min-width: 3.75pt; text-align: right; padding-bottom: 1pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3pt;">$</td>
<td style="min-width: 30.75pt; text-align: right; padding-bottom: 1pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3pt;">572,194</td>
<td style="width: 0pt;
padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
</tr>
<tr style="text-align: right; text-transform: none; background-color: #cceeff; font: 10pt/10pt 'times new roman', times, serif; white-space: nowrap; color: #000000; vertical-align: bottom;">
<td style="text-align: left; padding-bottom: 1pt; padding-left: 0pt; width: 184.51pt; padding-right: 0pt; padding-top: 3pt;">
<div style="white-space: nowrap;">Net earned premiums</div>
</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="padding-bottom: 0pt; padding-left: 3.765pt; width: 0pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="min-width: 3.75pt; text-align: right; padding-bottom: 1pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3pt;">​</td>
<td style="min-width: 24.75pt; text-align: right; padding-bottom: 1pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3pt;">240,878</td>
<td style="padding-bottom: 0pt; padding-left: 3.765pt; width: 0pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="min-width: 3.75pt; text-align: right; padding-bottom: 1pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3pt;">​</td>
<td style="min-width: 24.75pt; text-align: right; padding-bottom: 1pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3pt;">42,206</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="min-width: 3.75pt; text-align: right; padding-bottom: 1pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3pt;">​</td>
<td style="min-width: 30.75pt; text-align: right; padding-bottom: 1pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3pt;">178,121</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="min-width: 3.75pt; text-align: right; padding-bottom: 1pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3pt;">​</td>
<td style="min-width: 24.75pt; text-align: right; padding-bottom: 1pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3pt;">—</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="min-width: 3.75pt; text-align: right; padding-bottom: 1pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3pt;">​</td>
<td style="min-width: 30.75pt; text-align: right; padding-bottom: 1pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3pt;">461,205</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
</tr>
<tr style="text-align: right; text-transform: none; font: 10pt/10pt 'times new roman', times, serif; white-space: nowrap; color: #000000; vertical-align: bottom;">
<td style="text-align: left; padding-bottom: 1pt; padding-left: 0pt; width: 184.51pt; padding-right: 0pt; padding-top: 3pt;">
<div style="white-space: nowrap;">Segment revenues</div>
</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="padding-bottom: 0pt; padding-left: 3.765pt; width: 0pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="min-width: 3.75pt; text-align: right; padding-bottom: 1pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3pt;">​</td>
<td style="min-width: 24.75pt; text-align: right; padding-bottom: 1pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3pt;">255,529</td>
<td style="padding-bottom: 0pt; padding-left: 3.765pt; width: 0pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="min-width: 3.75pt; text-align: right; padding-bottom: 1pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3pt;">​</td>
<td style="min-width: 24.75pt; text-align: right; padding-bottom: 1pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3pt;">44,791</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="min-width: 3.75pt; text-align: right; padding-bottom: 1pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3pt;">​</td>
<td style="min-width: 30.75pt; text-align: right; padding-bottom: 1pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3pt;">197,586</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="min-width: 3.75pt; text-align: right; padding-bottom: 1pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3pt;">​</td>
<td style="min-width: 24.75pt; text-align: right; padding-bottom: 1pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3pt;">7,015</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="min-width: 3.75pt; text-align: right; padding-bottom: 1pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3pt;">​</td>
<td style="min-width: 30.75pt; text-align: right; padding-bottom: 1pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3pt;">504,921</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
</tr>
<tr style="text-align: right; text-transform: none; background-color: #cceeff; font: 10pt/10pt 'times new roman', times, serif; white-space: nowrap; color: #000000; vertical-align: bottom;">
<td style="text-align: left; padding-bottom: 1pt; padding-left: 0pt; width: 184.51pt; padding-right: 0pt; padding-top: 3pt;">
<div style="white-space: nowrap;">Net investment income</div>
</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="padding-bottom: 0pt; padding-left: 3.765pt; width: 0pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="min-width: 3.75pt; text-align: right; padding-bottom: 1pt; padding-left: 0pt; padding-right: 0pt;
padding-top: 3pt;">​</td>
<td style="min-width: 24.75pt; text-align: right; padding-bottom: 1pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3pt;">13,427</td>
<td style="padding-bottom: 0pt; padding-left: 3.765pt; width: 0pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="min-width: 3.75pt; text-align: right; padding-bottom: 1pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3pt;">​</td>
<td style="min-width: 24.75pt; text-align: right; padding-bottom: 1pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3pt;">2,316</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="min-width: 3.75pt; text-align: right; padding-bottom: 1pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3pt;">​</td>
<td style="min-width: 30.75pt; text-align: right; padding-bottom: 1pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3pt;">22,706</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="min-width: 3.75pt; text-align: right; padding-bottom: 1pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3pt;">​</td>
<td style="min-width: 24.75pt; text-align: right; padding-bottom: 1pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3pt;">6,386</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="min-width: 3.75pt; text-align: right; padding-bottom: 1pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3pt;">​</td>
<td style="min-width: 30.75pt; text-align: right; padding-bottom: 1pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3pt;">44,835</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
</tr>
<tr style="text-align: right; text-transform: none; font: 10pt/10pt 'times new roman', times, serif; white-space: nowrap; color: #000000; vertical-align: bottom;">
<td style="text-align: left; padding-bottom: 1pt; padding-left: 0pt; width: 184.51pt; padding-right: 0pt; padding-top: 3pt;">
<div style="white-space: nowrap;">Interest expense</div>
</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="padding-bottom: 0pt; padding-left: 3.765pt; width: 0pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="min-width: 3.75pt; text-align: right; padding-bottom: 1pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3pt;">​</td>
<td style="min-width: 24.75pt; text-align: right; padding-bottom: 1pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3pt;">—</td>
<td style="padding-bottom: 0pt; padding-left: 3.765pt; width: 0pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="min-width: 3.75pt; text-align: right; padding-bottom: 1pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3pt;">​</td>
<td style="min-width: 24.75pt; text-align: right; padding-bottom: 1pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3pt;">—</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="min-width: 3.75pt; text-align: right; padding-bottom: 1pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3pt;">​</td>
<td style="min-width: 30.75pt; text-align: right; padding-bottom: 1pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3pt;">—</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="min-width: 3.75pt; text-align: right; padding-bottom: 1pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3pt;">​</td>
<td style="min-width: 24.75pt; text-align: right; padding-bottom: 1pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3pt;">6,999</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="min-width: 3.75pt; text-align: right; padding-bottom: 1pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3pt;">​</td>
<td style="min-width: 30.75pt; text-align: right; padding-bottom: 1pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3pt;">6,999</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
</tr>
<tr style="text-align: right; text-transform: none; background-color: #cceeff; font: 10pt/12pt 'times new roman', times, serif; white-space: nowrap; color: #000000; vertical-align: bottom;">
<td style="text-align: left; padding-bottom: 0.5pt; padding-left: 0pt; width: 184.51pt; padding-right: 0pt; white-space: normal; padding-top: 1.667pt;">
<div style="text-indent: -10pt; margin-left: 10pt;">Underwriting profit (loss) of operating segments</div>
</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="padding-bottom: 0pt; padding-left: 3.765pt; width: 0pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="min-width: 3.75pt; text-align: right; padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 1.667pt;">​</td>
<td style="min-width: 24.75pt; text-align: right; padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 1.667pt;">47,607</td>
<td style="padding-bottom: 0pt; padding-left: 3.765pt; width: 0pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="min-width: 3.75pt; text-align: right; padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 1.667pt;">​</td>
<td style="min-width: 24.75pt; text-align: right; padding-bottom: 0.5pt; padding-left: 0pt; padding-right:
0pt; white-space: nowrap; padding-top: 1.667pt;">1,074</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="min-width: 3.75pt; text-align: right; padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 1.667pt;">​</td>
<td style="min-width: 30.75pt; text-align: right; padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 1.667pt;">(2,558<font style="position: absolute;">)</font></td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="min-width: 3.75pt; text-align: right; padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 1.667pt;">​</td>
<td style="min-width: 24.75pt; text-align: right; padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 1.667pt;">—</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="min-width: 3.75pt; text-align: right; padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 1.667pt;">​</td>
<td style="min-width: 30.75pt; text-align: right; padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 1.667pt;">46,123</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
</tr>
<tr style="text-align: right; text-transform: none; font: 10pt/10pt 'times new roman', times, serif; white-space: nowrap; color: #000000; vertical-align: bottom;">
<td style="text-align: left; padding-bottom: 1pt; padding-left: 0pt; width: 184.51pt; padding-right: 0pt; padding-top: 3pt;">
<div style="white-space: nowrap;">Segment goodwill</div>
</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="padding-bottom: 0pt; padding-left: 3.765pt; width: 0pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="min-width: 3.75pt; text-align: right; padding-bottom: 1pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3pt;">​</td>
<td style="min-width: 24.75pt; text-align: right; padding-bottom: 1pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3pt;">181,831</td>
<td style="padding-bottom: 0pt; padding-left: 3.765pt; width: 0pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="min-width: 3.75pt; text-align: right; padding-bottom: 1pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3pt;">​</td>
<td style="min-width: 24.75pt; text-align: right; padding-bottom: 1pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3pt;">—</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="min-width: 3.75pt; text-align: right; padding-bottom: 1pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3pt;">​</td>
<td style="min-width: 30.75pt; text-align: right; padding-bottom: 1pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3pt;">—</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="min-width: 3.75pt; text-align: right; padding-bottom: 1pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3pt;">​</td>
<td style="min-width: 24.75pt; text-align: right; padding-bottom: 1pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3pt;">—</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="min-width: 3.75pt; text-align: right; padding-bottom: 1pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3pt;">​</td>
<td style="min-width: 30.75pt; text-align: right; padding-bottom: 1pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3pt;">181,831</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
</tr>
<tr style="text-align: right; text-transform: none; background-color: #cceeff; font: 10pt/10pt 'times new roman', times, serif; white-space: nowrap; color: #000000; vertical-align: bottom;">
<td style="text-align: left; padding-bottom: 1pt; padding-left: 0pt; width: 184.51pt; padding-right: 0pt; padding-top: 3pt;">
<div style="white-space: nowrap;">Segment assets</div>
</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="padding-bottom: 0pt; padding-left: 3.765pt; width: 0pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="min-width: 3.75pt; text-align: right; padding-bottom: 1pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3pt;">​</td>
<td style="min-width: 24.75pt; text-align: right; padding-bottom: 1pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3pt;">671,143</td>
<td style="padding-bottom: 0pt; padding-left: 3.765pt; width: 0pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="min-width: 3.75pt; text-align: right; padding-bottom: 1pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3pt;">​</td>
<td style="min-width: 24.75pt; text-align: right; padding-bottom: 1pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3pt;">173,094</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="min-width: 3.75pt; text-align: right; padding-bottom: 1pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3pt;">​</td>
<td style="min-width: 30.75pt; text-align: right; padding-bottom: 1pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3pt;">1,108,278</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding:
0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="min-width: 3.75pt; text-align: right; padding-bottom: 1pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3pt;">​</td>
<td style="min-width: 24.75pt; text-align: right; padding-bottom: 1pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3pt;">102,982</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="min-width: 3.75pt; text-align: right; padding-bottom: 1pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3pt;">​</td>
<td style="min-width: 30.75pt; text-align: right; padding-bottom: 1pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3pt;">2,055,497</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
</tr>
<tr style="text-align: left; text-transform: none; font: bold 10pt/12pt 'times new roman', times, serif; white-space: normal; color: #000000; vertical-align: bottom;">
<td style="padding-bottom: 0.5pt; padding-left: 0pt; width: 184.51pt; padding-right: 0pt; padding-top: 7.667pt;">
<div style="text-indent: -10pt; margin-left: 10pt;">As of and for the Year Ended <br />December 31, 2014</div>
</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td colspan="6">​</td>
<td colspan="6">​</td>
<td colspan="6">​</td>
<td colspan="6">​</td>
<td colspan="6">​</td>
</tr>
<tr style="text-align: right; text-transform: none; background-color: #cceeff; font: 10pt/10pt 'times new roman', times, serif; white-space: nowrap; color: #000000; vertical-align: bottom;">
<td style="text-align: left; padding-bottom: 1pt; padding-left: 0pt; width: 184.51pt; padding-right: 0pt; padding-top: 3pt;">
<div style="white-space: nowrap;">Gross written premiums</div>
</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="padding-bottom: 0pt; padding-left: 3.765pt; width: 0pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="min-width: 3.75pt; text-align: right; padding-bottom: 1pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3pt;">$</td>
<td style="min-width: 24.75pt; text-align: right; padding-bottom: 1pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3pt;">252,707</td>
<td style="padding-bottom: 0pt; padding-left: 3.765pt; width: 0pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="min-width: 3.75pt; text-align: right; padding-bottom: 1pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3pt;">$</td>
<td style="min-width: 24.75pt; text-align: right; padding-bottom: 1pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3pt;">59,380</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="min-width: 3.75pt; text-align: right; padding-bottom: 1pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3pt;">$</td>
<td style="min-width: 30.75pt; text-align: right; padding-bottom: 1pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3pt;">206,680</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="min-width: 3.75pt; text-align: right; padding-bottom: 1pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3pt;">$</td>
<td style="min-width: 24.75pt; text-align: right; padding-bottom: 1pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3pt;">—</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="min-width: 3.75pt; text-align: right; padding-bottom: 1pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3pt;">$</td>
<td style="min-width: 30.75pt; text-align: right; padding-bottom: 1pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3pt;">518,767</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
</tr>
<tr style="text-align: right; text-transform: none; font: 10pt/10pt 'times new roman', times, serif; white-space: nowrap; color: #000000; vertical-align: bottom;">
<td style="text-align: left; padding-bottom: 1pt; padding-left: 0pt; width: 184.51pt; padding-right: 0pt; padding-top: 3pt;">
<div style="white-space: nowrap;">Net earned premiums</div>
</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="padding-bottom: 0pt; padding-left: 3.765pt; width: 0pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="min-width: 3.75pt; text-align: right; padding-bottom: 1pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3pt;">​</td>
<td style="min-width: 24.75pt; text-align: right; padding-bottom: 1pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3pt;">195,786</td>
<td style="padding-bottom: 0pt; padding-left: 3.765pt; width: 0pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="min-width: 3.75pt; text-align: right; padding-bottom: 1pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3pt;">​</td>
<td style="min-width: 24.75pt; text-align: right; padding-bottom: 1pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3pt;">28,449</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="min-width: 3.75pt; text-align: right; padding-bottom: 1pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3pt;">​</td>
<td style="min-width: 30.75pt; text-align: right; padding-bottom: 1pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3pt;">171,977</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="min-width: 3.75pt; text-align: right; padding-bottom: 1pt; padding-left: 0pt; padding-right: 0pt; padding-top:
3pt;">​</td>
<td style="min-width: 24.75pt; text-align: right; padding-bottom: 1pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3pt;">—</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="min-width: 3.75pt; text-align: right; padding-bottom: 1pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3pt;">​</td>
<td style="min-width: 30.75pt; text-align: right; padding-bottom: 1pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3pt;">396,212</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
</tr>
<tr style="text-align: right; text-transform: none; background-color: #cceeff; font: 10pt/10pt 'times new roman', times, serif; white-space: nowrap; color: #000000; vertical-align: bottom;">
<td style="text-align: left; padding-bottom: 1pt; padding-left: 0pt; width: 184.51pt; padding-right: 0pt; padding-top: 3pt;">
<div style="white-space: nowrap;">Segment revenues</div>
</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="padding-bottom: 0pt; padding-left: 3.765pt; width: 0pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="min-width: 3.75pt; text-align: right; padding-bottom: 1pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3pt;">​</td>
<td style="min-width: 24.75pt; text-align: right; padding-bottom: 1pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3pt;">208,778</td>
<td style="padding-bottom: 0pt; padding-left: 3.765pt; width: 0pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="min-width: 3.75pt; text-align: right; padding-bottom: 1pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3pt;">​</td>
<td style="min-width: 24.75pt; text-align: right; padding-bottom: 1pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3pt;">30,896</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="min-width: 3.75pt; text-align: right; padding-bottom: 1pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3pt;">​</td>
<td style="min-width: 30.75pt; text-align: right; padding-bottom: 1pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3pt;">193,909</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="min-width: 3.75pt; text-align: right; padding-bottom: 1pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3pt;">​</td>
<td style="min-width: 24.75pt; text-align: right; padding-bottom: 1pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3pt;">5,420</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="min-width: 3.75pt; text-align: right; padding-bottom: 1pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3pt;">​</td>
<td style="min-width: 30.75pt; text-align: right; padding-bottom: 1pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3pt;">439,003</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
</tr>
<tr style="text-align: right; text-transform: none; font: 10pt/10pt 'times new roman', times, serif; white-space: nowrap; color: #000000; vertical-align: bottom;">
<td style="text-align: left; padding-bottom: 1pt; padding-left: 0pt; width: 184.51pt; padding-right: 0pt; padding-top: 3pt;">
<div style="white-space: nowrap;">Net investment income</div>
</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="padding-bottom: 0pt; padding-left: 3.765pt; width: 0pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="min-width: 3.75pt; text-align: right; padding-bottom: 1pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3pt;">​</td>
<td style="min-width: 24.75pt; text-align: right; padding-bottom: 1pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3pt;">14,083</td>
<td style="padding-bottom: 0pt; padding-left: 3.765pt; width: 0pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="min-width: 3.75pt; text-align: right; padding-bottom: 1pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3pt;">​</td>
<td style="min-width: 24.75pt; text-align: right; padding-bottom: 1pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3pt;">2,320</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="min-width: 3.75pt; text-align: right; padding-bottom: 1pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3pt;">​</td>
<td style="min-width: 30.75pt; text-align: right; padding-bottom: 1pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3pt;">20,745</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="min-width: 3.75pt; text-align: right; padding-bottom: 1pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3pt;">​</td>
<td style="min-width: 24.75pt; text-align: right; padding-bottom: 1pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3pt;">5,857</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="min-width: 3.75pt; text-align: right; padding-bottom: 1pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3pt;">​</td>
<td style="min-width: 30.75pt; text-align: right; padding-bottom: 1pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3pt;">43,005</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
</tr>
<tr
style="text-align: right; text-transform: none; background-color: #cceeff; font: 10pt/10pt 'times new roman', times, serif; white-space: nowrap; color: #000000; vertical-align: bottom;">
<td style="text-align: left; padding-bottom: 1pt; padding-left: 0pt; width: 184.51pt; padding-right: 0pt; padding-top: 3pt;">
<div style="white-space: nowrap;">Interest expense</div>
</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="padding-bottom: 0pt; padding-left: 3.765pt; width: 0pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="min-width: 3.75pt; text-align: right; padding-bottom: 1pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3pt;">​</td>
<td style="min-width: 24.75pt; text-align: right; padding-bottom: 1pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3pt;">—</td>
<td style="padding-bottom: 0pt; padding-left: 3.765pt; width: 0pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="min-width: 3.75pt; text-align: right; padding-bottom: 1pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3pt;">​</td>
<td style="min-width: 24.75pt; text-align: right; padding-bottom: 1pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3pt;">—</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="min-width: 3.75pt; text-align: right; padding-bottom: 1pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3pt;">​</td>
<td style="min-width: 30.75pt; text-align: right; padding-bottom: 1pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3pt;">—</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="min-width: 3.75pt; text-align: right; padding-bottom: 1pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3pt;">​</td>
<td style="min-width: 24.75pt; text-align: right; padding-bottom: 1pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3pt;">6,347</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="min-width: 3.75pt; text-align: right; padding-bottom: 1pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3pt;">​</td>
<td style="min-width: 30.75pt; text-align: right; padding-bottom: 1pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3pt;">6,347</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
</tr>
<tr style="text-align: right; text-transform: none; font: 10pt/12pt 'times new roman', times, serif; white-space: nowrap; color: #000000; vertical-align: bottom;">
<td style="text-align: left; padding-bottom: 0.5pt; padding-left: 0pt; width: 184.51pt; padding-right: 0pt; white-space: normal; padding-top: 1.667pt;">
<div style="text-indent: -10pt; margin-left: 10pt;">Underwriting profit of operating <br />segments</div>
</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="padding-bottom: 0pt; padding-left: 3.765pt; width: 0pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="min-width: 3.75pt; text-align: right; padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 1.667pt;">​</td>
<td style="min-width: 24.75pt; text-align: right; padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 1.667pt;">35,096</td>
<td style="padding-bottom: 0pt; padding-left: 3.765pt; width: 0pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="min-width: 3.75pt; text-align: right; padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 1.667pt;">​</td>
<td style="min-width: 24.75pt; text-align: right; padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 1.667pt;">33</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="min-width: 3.75pt; text-align: right; padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 1.667pt;">​</td>
<td style="min-width: 30.75pt; text-align: right; padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 1.667pt;">667</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="min-width: 3.75pt; text-align: right; padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 1.667pt;">​</td>
<td style="min-width: 24.75pt; text-align: right; padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 1.667pt;">—</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="min-width: 3.75pt; text-align: right; padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 1.667pt;">​</td>
<td style="min-width: 30.75pt; text-align: right; padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 1.667pt;">35,796</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
</tr>
<tr style="text-align: right; text-transform: none; background-color: #cceeff; font: 10pt/10pt 'times new roman', times, serif; white-space: nowrap; color: #000000; vertical-align: bottom;">
<td style="text-align: left; padding-bottom: 1pt; padding-left: 0pt; width: 184.51pt; padding-right: 0pt; padding-top: 3pt;">
<div style="white-space: nowrap;">Segment goodwill</div>
</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="padding-bottom: 0pt; padding-left: 3.765pt; width: 0pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="min-width: 3.75pt; text-align: right; padding-bottom: 1pt;
padding-left: 0pt; padding-right: 0pt; padding-top: 3pt;">​</td>
<td style="min-width: 24.75pt; text-align: right; padding-bottom: 1pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3pt;">181,831</td>
<td style="padding-bottom: 0pt; padding-left: 3.765pt; width: 0pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="min-width: 3.75pt; text-align: right; padding-bottom: 1pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3pt;">​</td>
<td style="min-width: 24.75pt; text-align: right; padding-bottom: 1pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3pt;">—</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="min-width: 3.75pt; text-align: right; padding-bottom: 1pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3pt;">​</td>
<td style="min-width: 30.75pt; text-align: right; padding-bottom: 1pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3pt;">—</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="min-width: 3.75pt; text-align: right; padding-bottom: 1pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3pt;">​</td>
<td style="min-width: 24.75pt; text-align: right; padding-bottom: 1pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3pt;">—</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="min-width: 3.75pt; text-align: right; padding-bottom: 1pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3pt;">​</td>
<td style="min-width: 30.75pt; text-align: right; padding-bottom: 1pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3pt;">181,831</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
</tr>
<tr style="text-align: right; text-transform: none; font: 10pt/10pt 'times new roman', times, serif; white-space: nowrap; color: #000000; vertical-align: bottom;">
<td style="text-align: left; padding-bottom: 1pt; padding-left: 0pt; width: 184.51pt; padding-right: 0pt; padding-top: 3pt;">
<div style="white-space: nowrap;">Segment assets</div>
</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="padding-bottom: 0pt; padding-left: 3.765pt; width: 0pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="min-width: 3.75pt; text-align: right; padding-bottom: 1pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3pt;">​</td>
<td style="min-width: 24.75pt; text-align: right; padding-bottom: 1pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3pt;">684,838</td>
<td style="padding-bottom: 0pt; padding-left: 3.765pt; width: 0pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="min-width: 3.75pt; text-align: right; padding-bottom: 1pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3pt;">​</td>
<td style="min-width: 24.75pt; text-align: right; padding-bottom: 1pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3pt;">124,503</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="min-width: 3.75pt; text-align: right; padding-bottom: 1pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3pt;">​</td>
<td style="min-width: 30.75pt; text-align: right; padding-bottom: 1pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3pt;">1,035,084</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="min-width: 3.75pt; text-align: right; padding-bottom: 1pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3pt;">​</td>
<td style="min-width: 24.75pt; text-align: right; padding-bottom: 1pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3pt;">114,867</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="min-width: 3.75pt; text-align: right; padding-bottom: 1pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3pt;">​</td>
<td style="min-width: 30.75pt; text-align: right; padding-bottom: 1pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3pt;">1,959,292</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
</tr>
<tr style="text-align: left; text-transform: none; background-color: #cceeff; font: bold 10pt/12pt 'times new roman', times, serif; white-space: normal; color: #000000; vertical-align: bottom;">
<td style="padding-bottom: 0.5pt; padding-left: 0pt; width: 184.51pt; padding-right: 0pt; padding-top: 7.667pt;">
<div style="text-indent: -10pt; margin-left: 10pt;">As of and for the Year Ended <br />December 31, 2013</div>
</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td colspan="6">​</td>
<td colspan="6">​</td>
<td colspan="6">​</td>
<td colspan="6">​</td>
<td colspan="6">​</td>
</tr>
<tr style="text-align: right; text-transform: none; font: 10pt/10pt 'times new roman', times, serif; white-space: nowrap; color: #000000; vertical-align: bottom;">
<td style="text-align: left; padding-bottom: 1pt; padding-left: 0pt; width: 184.51pt; padding-right: 0pt; padding-top: 3pt;">
<div style="white-space: nowrap;">Gross written premiums</div>
</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="padding-bottom: 0pt; padding-left: 3.765pt; width: 0pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="min-width: 3.75pt; text-align: right; padding-bottom: 1pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3pt;">$</td>
<td style="min-width: 24.75pt; text-align: right; padding-bottom: 1pt; padding-left: 0pt; padding-right: 0pt;
white-space: nowrap; padding-top: 3pt;">192,394</td>
<td style="padding-bottom: 0pt; padding-left: 3.765pt; width: 0pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="min-width: 3.75pt; text-align: right; padding-bottom: 1pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3pt;">$</td>
<td style="min-width: 24.75pt; text-align: right; padding-bottom: 1pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3pt;">20,594</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="min-width: 3.75pt; text-align: right; padding-bottom: 1pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3pt;">$</td>
<td style="min-width: 30.75pt; text-align: right; padding-bottom: 1pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3pt;">155,530</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="min-width: 3.75pt; text-align: right; padding-bottom: 1pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3pt;">$</td>
<td style="min-width: 24.75pt; text-align: right; padding-bottom: 1pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3pt;">—</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="min-width: 3.75pt; text-align: right; padding-bottom: 1pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3pt;">$</td>
<td style="min-width: 30.75pt; text-align: right; padding-bottom: 1pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3pt;">368,518</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
</tr>
<tr style="text-align: right; text-transform: none; background-color: #cceeff; font: 10pt/10pt 'times new roman', times, serif; white-space: nowrap; color: #000000; vertical-align: bottom;">
<td style="text-align: left; padding-bottom: 1pt; padding-left: 0pt; width: 184.51pt; padding-right: 0pt; padding-top: 3pt;">
<div style="white-space: nowrap;">Net earned premiums</div>
</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="padding-bottom: 0pt; padding-left: 3.765pt; width: 0pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="min-width: 3.75pt; text-align: right; padding-bottom: 1pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3pt;">​</td>
<td style="min-width: 24.75pt; text-align: right; padding-bottom: 1pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3pt;">141,826</td>
<td style="padding-bottom: 0pt; padding-left: 3.765pt; width: 0pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="min-width: 3.75pt; text-align: right; padding-bottom: 1pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3pt;">​</td>
<td style="min-width: 24.75pt; text-align: right; padding-bottom: 1pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3pt;">17,908</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="min-width: 3.75pt; text-align: right; padding-bottom: 1pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3pt;">​</td>
<td style="min-width: 30.75pt; text-align: right; padding-bottom: 1pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3pt;">168,344</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="min-width: 3.75pt; text-align: right; padding-bottom: 1pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3pt;">​</td>
<td style="min-width: 24.75pt; text-align: right; padding-bottom: 1pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3pt;">—</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="min-width: 3.75pt; text-align: right; padding-bottom: 1pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3pt;">​</td>
<td style="min-width: 30.75pt; text-align: right; padding-bottom: 1pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3pt;">328,078</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
</tr>
<tr style="text-align: right; text-transform: none; font: 10pt/10pt 'times new roman', times, serif; white-space: nowrap; color: #000000; vertical-align: bottom;">
<td style="text-align: left; padding-bottom: 1pt; padding-left: 0pt; width: 184.51pt; padding-right: 0pt; padding-top: 3pt;">
<div style="white-space: nowrap;">Segment revenues</div>
</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="padding-bottom: 0pt; padding-left: 3.765pt; width: 0pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="min-width: 3.75pt; text-align: right; padding-bottom: 1pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3pt;">​</td>
<td style="min-width: 24.75pt; text-align: right; padding-bottom: 1pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3pt;">165,431</td>
<td style="padding-bottom: 0pt; padding-left: 3.765pt; width: 0pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="min-width: 3.75pt; text-align: right; padding-bottom: 1pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3pt;">​</td>
<td style="min-width: 24.75pt; text-align: right; padding-bottom: 1pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3pt;">21,582</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding:
0pt;">​</td>
<td style="min-width: 3.75pt; text-align: right; padding-bottom: 1pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3pt;">​</td>
<td style="min-width: 30.75pt; text-align: right; padding-bottom: 1pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3pt;">193,752</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="min-width: 3.75pt; text-align: right; padding-bottom: 1pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3pt;">​</td>
<td style="min-width: 24.75pt; text-align: right; padding-bottom: 1pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3pt;">5,527</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="min-width: 3.75pt; text-align: right; padding-bottom: 1pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3pt;">​</td>
<td style="min-width: 30.75pt; text-align: right; padding-bottom: 1pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3pt;">386,292</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
</tr>
<tr style="text-align: right; text-transform: none; background-color: #cceeff; font: 10pt/10pt 'times new roman', times, serif; white-space: nowrap; color: #000000; vertical-align: bottom;">
<td style="text-align: left; padding-bottom: 1pt; padding-left: 0pt; width: 184.51pt; padding-right: 0pt; padding-top: 3pt;">
<div style="white-space: nowrap;">Net investment income</div>
</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="padding-bottom: 0pt; padding-left: 3.765pt; width: 0pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="min-width: 3.75pt; text-align: right; padding-bottom: 1pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3pt;">​</td>
<td style="min-width: 24.75pt; text-align: right; padding-bottom: 1pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3pt;">15,489</td>
<td style="padding-bottom: 0pt; padding-left: 3.765pt; width: 0pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="min-width: 3.75pt; text-align: right; padding-bottom: 1pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3pt;">​</td>
<td style="min-width: 24.75pt; text-align: right; padding-bottom: 1pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3pt;">2,601</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="min-width: 3.75pt; text-align: right; padding-bottom: 1pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3pt;">​</td>
<td style="min-width: 30.75pt; text-align: right; padding-bottom: 1pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3pt;">21,907</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="min-width: 3.75pt; text-align: right; padding-bottom: 1pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3pt;">​</td>
<td style="min-width: 24.75pt; text-align: right; padding-bottom: 1pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3pt;">5,376</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="min-width: 3.75pt; text-align: right; padding-bottom: 1pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3pt;">​</td>
<td style="min-width: 30.75pt; text-align: right; padding-bottom: 1pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3pt;">45,373</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
</tr>
<tr style="text-align: right; text-transform: none; font: 10pt/10pt 'times new roman', times, serif; white-space: nowrap; color: #000000; vertical-align: bottom;">
<td style="text-align: left; padding-bottom: 1pt; padding-left: 0pt; width: 184.51pt; padding-right: 0pt; padding-top: 3pt;">
<div style="white-space: nowrap;">Interest expense</div>
</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="padding-bottom: 0pt; padding-left: 3.765pt; width: 0pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="min-width: 3.75pt; text-align: right; padding-bottom: 1pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3pt;">​</td>
<td style="min-width: 24.75pt; text-align: right; padding-bottom: 1pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3pt;">—</td>
<td style="padding-bottom: 0pt; padding-left: 3.765pt; width: 0pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="min-width: 3.75pt; text-align: right; padding-bottom: 1pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3pt;">​</td>
<td style="min-width: 24.75pt; text-align: right; padding-bottom: 1pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3pt;">—</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="min-width: 3.75pt; text-align: right; padding-bottom: 1pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3pt;">​</td>
<td style="min-width: 30.75pt; text-align: right; padding-bottom: 1pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3pt;">—</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="min-width: 3.75pt; text-align: right; padding-bottom: 1pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3pt;">​</td>
<td style="min-width: 24.75pt; text-align: right; padding-bottom: 1pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap;
padding-top: 3pt;">6,777</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="min-width: 3.75pt; text-align: right; padding-bottom: 1pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3pt;">​</td>
<td style="min-width: 30.75pt; text-align: right; padding-bottom: 1pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3pt;">6,777</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
</tr>
<tr style="text-align: right; text-transform: none; background-color: #cceeff; font: 10pt/12pt 'times new roman', times, serif; white-space: nowrap; color: #000000; vertical-align: bottom;">
<td style="text-align: left; padding-bottom: 0.5pt; padding-left: 0pt; width: 184.51pt; padding-right: 0pt; white-space: normal; padding-top: 1.667pt;">
<div style="text-indent: -10pt; margin-left: 10pt;">Underwriting profit (loss) of operating segments</div>
</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="padding-bottom: 0pt; padding-left: 3.765pt; width: 0pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="min-width: 3.75pt; text-align: right; padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 1.667pt;">​</td>
<td style="min-width: 24.75pt; text-align: right; padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 1.667pt;">43,523</td>
<td style="padding-bottom: 0pt; padding-left: 3.765pt; width: 0pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="min-width: 3.75pt; text-align: right; padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 1.667pt;">​</td>
<td style="min-width: 24.75pt; text-align: right; padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 1.667pt;">(3,868<font style="position: absolute;">)</font></td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="min-width: 3.75pt; text-align: right; padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 1.667pt;">​</td>
<td style="min-width: 30.75pt; text-align: right; padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 1.667pt;">(2,560<font style="position: absolute;">)</font></td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="min-width: 3.75pt; text-align: right; padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 1.667pt;">​</td>
<td style="min-width: 24.75pt; text-align: right; padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 1.667pt;">—</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="min-width: 3.75pt; text-align: right; padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 1.667pt;">​</td>
<td style="min-width: 30.75pt; text-align: right; padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 1.667pt;">37,095</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
</tr>
<tr style="text-align: right; text-transform: none; font: 10pt/10pt 'times new roman', times, serif; white-space: nowrap; color: #000000; vertical-align: bottom;">
<td style="text-align: left; padding-bottom: 1pt; padding-left: 0pt; width: 184.51pt; padding-right: 0pt; padding-top: 3pt;">
<div style="white-space: nowrap;">Segment goodwill</div>
</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="padding-bottom: 0pt; padding-left: 3.765pt; width: 0pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="min-width: 3.75pt; text-align: right; padding-bottom: 1pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3pt;">​</td>
<td style="min-width: 24.75pt; text-align: right; padding-bottom: 1pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3pt;">181,831</td>
<td style="padding-bottom: 0pt; padding-left: 3.765pt; width: 0pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="min-width: 3.75pt; text-align: right; padding-bottom: 1pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3pt;">​</td>
<td style="min-width: 24.75pt; text-align: right; padding-bottom: 1pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3pt;">—</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="min-width: 3.75pt; text-align: right; padding-bottom: 1pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3pt;">​</td>
<td style="min-width: 30.75pt; text-align: right; padding-bottom: 1pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3pt;">—</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="min-width: 3.75pt; text-align: right; padding-bottom: 1pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3pt;">​</td>
<td style="min-width: 24.75pt; text-align: right; padding-bottom: 1pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3pt;">—</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="min-width: 3.75pt; text-align: right; padding-bottom: 1pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3pt;">​</td>
<td style="min-width: 30.75pt; text-align: right; padding-bottom: 1pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3pt;">181,831</td>
<td style="width: 0pt; padding:
0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
</tr>
<tr style="text-align: right; text-transform: none; background-color: #cceeff; font: 10pt/10pt 'times new roman', times, serif; white-space: nowrap; color: #000000; vertical-align: bottom;">
<td style="text-align: left; padding-bottom: 1pt; padding-left: 0pt; width: 184.51pt; padding-right: 0pt; padding-top: 3pt;">
<div style="white-space: nowrap;">Segment assets</div>
</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="padding-bottom: 0pt; padding-left: 3.765pt; width: 0pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="min-width: 3.75pt; text-align: right; padding-bottom: 1pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3pt;">​</td>
<td style="min-width: 24.75pt; text-align: right; padding-bottom: 1pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3pt;">651,249</td>
<td style="padding-bottom: 0pt; padding-left: 3.765pt; width: 0pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="min-width: 3.75pt; text-align: right; padding-bottom: 1pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3pt;">​</td>
<td style="min-width: 24.75pt; text-align: right; padding-bottom: 1pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3pt;">92,700</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="min-width: 3.75pt; text-align: right; padding-bottom: 1pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3pt;">​</td>
<td style="min-width: 30.75pt; text-align: right; padding-bottom: 1pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3pt;">967,982</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="min-width: 3.75pt; text-align: right; padding-bottom: 1pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3pt;">​</td>
<td style="min-width: 24.75pt; text-align: right; padding-bottom: 1pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3pt;">94,862</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="min-width: 3.75pt; text-align: right; padding-bottom: 1pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3pt;">​</td>
<td style="min-width: 30.75pt; text-align: right; padding-bottom: 1pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3pt;">1,806,793</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
</tr>
</table>
<table style="widows: 1; text-transform: none; margin-top: 8pt; text-indent: 0px; width: 100%; border-collapse: collapse; font: 13px 'times new roman', times, serif; white-space: normal; letter-spacing: normal; height: 214px; color: #000000; word-spacing: 0px; -webkit-text-stroke-width: 0px;" border="0">
<tr style="text-align: left; text-transform: none; font: bold 8pt/8pt 'times new roman', times, serif; white-space: nowrap; color: #000000; vertical-align: bottom;">
<td style="border-bottom: #ffffff 1px solid; padding-bottom: 0.5pt; padding-left: 0pt; width: 315.22pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="border-bottom: #ffffff 1px solid; width: 6pt; padding: 0pt;">​</td>
<td style="border-bottom: #ffffff 1px solid; width: 6pt; padding: 0pt;">​</td>
<td style="border-bottom: #000000 1px solid; text-align: center; padding-bottom: 1.5pt; padding-left: 0pt; width: 0pt; padding-right: 0pt; padding-top: 0pt;" colspan="16">
<div style="text-align: center; white-space: nowrap;">Year Ended December 31,</div>
</td>
<td style="border-bottom: #ffffff 1px solid; width: 0pt; padding: 0pt;">​</td>
</tr>
<tr style="text-align: center; text-transform: none; font: bold 8pt/8pt 'times new roman', times, serif; white-space: nowrap; color: #000000; vertical-align: bottom;">
<td style="border-bottom: #ffffff 1px solid; text-align: left; padding-bottom: 0.5pt; padding-left: 0pt; width: 315.22pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="border-bottom: #ffffff 1px solid; width: 6pt; padding: 0pt;">​</td>
<td style="border-bottom: #ffffff 1px solid; width: 6pt; padding: 0pt;">​</td>
<td style="border-bottom: #000000 1px solid; padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 2.25pt;" colspan="4">
<div style="text-align: center; white-space: nowrap;">2015</div>
</td>
<td style="border-bottom: #ffffff 1px solid; width: 6pt; padding: 0pt;">​</td>
<td style="border-bottom: #ffffff 1px solid; width: 6pt; padding: 0pt;">​</td>
<td style="border-bottom: #000000 1px solid; padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 2.25pt;" colspan="4">
<div style="text-align: center; white-space: nowrap;">2014</div>
</td>
<td style="border-bottom: #ffffff 1px solid; width: 6pt; padding: 0pt;">​</td>
<td style="border-bottom: #ffffff 1px solid; width: 6pt; padding: 0pt;">​</td>
<td style="border-bottom: #000000 1px solid; padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 2.25pt;" colspan="4">
<div style="text-align: center; white-space: nowrap;">2013</div>
</td>
<td style="border-bottom: #ffffff 1px solid; width: 0pt; padding: 0pt;">​</td>
</tr>
<tr style="text-align: left; text-transform: none; font: bold italic 8pt/8pt 'times new roman', times, serif; white-space: nowrap; color: #000000; vertical-align: bottom;">
<td style="padding-bottom: 0.5pt; padding-left: 0pt; width: 315.22pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="text-align: center; padding-bottom: 0.5pt; padding-left: 0pt; width: 0pt; padding-right: 0pt; padding-top: 2.25pt;" colspan="16">
<div style="text-align: center; white-space: nowrap;">(in thousands)</div>
</td>
<td style="width: 0pt; padding: 0pt;">​</td>
</tr>
<tr style="text-align: left; text-transform: none; background-color: #cceeff; font: 10pt/10pt 'times new roman', times, serif; white-space: nowrap; color: #000000; vertical-align: bottom;">
<td style="padding-bottom: 0.5pt; padding-left: 0pt; width: 315.22pt; padding-right: 0pt; padding-top: 2.5pt;">Underwriting profit (loss) of the operating segments:</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td colspan="6">​</td>
<td colspan="6">​</td>
<td colspan="6">​</td>
</tr>
<tr style="text-align: right; text-transform: none; font: 10pt/10pt 'times new roman', times, serif; white-space: nowrap; color: #000000; vertical-align: bottom;">
<td style="text-align: left; padding-bottom: 0.5pt; padding-left: 0pt; width: 315.22pt; padding-right: 0pt; padding-top: 2.5pt;">
<div style="margin-left: 10pt;">Excess and Surplus Lines</div>
</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="min-width: 3.75pt; text-align: right; padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 2.5pt;">$</td>
<td style="min-width: 23.25pt; text-align: right; padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 2.5pt;">47,607</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="min-width: 3.75pt; text-align: right; padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 2.5pt;">$</td>
<td style="min-width: 23.25pt; text-align: right; padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 2.5pt;">35,096</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="min-width: 3.75pt; text-align: right; padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 2.5pt;">$</td>
<td style="min-width: 21pt; text-align: right; padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 2.5pt;">43,523</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
</tr>
<tr style="text-align: right; text-transform: none; background-color: #cceeff; font: 10pt/10pt 'times new roman', times, serif; white-space: nowrap; color: #000000; vertical-align: bottom;">
<td style="text-align: left; padding-bottom: 0.5pt; padding-left: 0pt; width: 315.22pt; padding-right: 0pt; padding-top: 2.5pt;">
<div style="margin-left: 10pt;">Specialty Admitted Insurance</div>
</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="min-width: 3.75pt; text-align: right; padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 2.5pt;">​</td>
<td style="min-width: 23.25pt; text-align: right; padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 2.5pt;">1,074</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="min-width: 3.75pt; text-align: right; padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 2.5pt;">​</td>
<td style="min-width: 23.25pt; text-align: right; padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 2.5pt;">33</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="min-width: 3.75pt; text-align: right; padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 2.5pt;">​</td>
<td style="min-width: 21pt; text-align: right; padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 2.5pt;">(3,868<font style="position: absolute;">)</font></td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
</tr>
<tr style="text-align: right; text-transform: none; font: 10pt/10pt 'times new roman', times, serif; white-space: nowrap; color: #000000; vertical-align: bottom;">
<td style="border-bottom: #ffffff 1px solid; text-align: left; padding-bottom: 1.5pt; padding-left: 0pt; width: 315.22pt; padding-right: 0pt; padding-top: 2.5pt;">
<div style="margin-left: 10pt;">Casualty Reinsurance</div>
</td>
<td style="border-bottom: #ffffff 1px solid; width: 6pt; padding: 0pt;">​</td>
<td style="border-bottom: #ffffff 1px solid; width: 6pt; padding: 0pt;">​</td>
<td style="border-bottom: #ffffff 1px solid; width: 0pt; padding: 0pt;">​</td>
<td style="border-bottom: #000000 1px solid; min-width: 3.75pt; text-align: right; padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 2.5pt;">​</td>
<td style="border-bottom: #000000 1px solid; min-width: 23.25pt; text-align: right; padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 2.5pt;">(2,558<font style="position: absolute;">)</font></td>
<td style="border-bottom: #ffffff 1px solid; width: 0pt; padding: 0pt;">​</td>
<td style="border-bottom: #ffffff 1px solid; width: 6pt; padding: 0pt;">​</td>
<td style="border-bottom: #ffffff 1px solid; width: 6pt; padding: 0pt;">​</td>
<td style="border-bottom: #ffffff 1px solid; width: 0pt; padding: 0pt;">​</td>
<td style="border-bottom: #000000 1px solid; min-width: 3.75pt; text-align: right; padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 2.5pt;">​</td>
<td style="border-bottom: #000000 1px solid; min-width: 23.25pt; text-align: right; padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 2.5pt;">667</td>
<td style="border-bottom: #ffffff 1px solid; width: 0pt; padding: 0pt;">​</td>
<td style="border-bottom: #ffffff 1px solid; width: 6pt; padding: 0pt;">​</td>
<td style="border-bottom: #ffffff 1px solid; width: 6pt; padding: 0pt;">​</td>
<td style="border-bottom: #ffffff 1px solid; width: 0pt; padding: 0pt;">​</td>
<td style="border-bottom: #000000 1px solid; min-width: 3.75pt; text-align: right; padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 2.5pt;">​</td>
<td style="border-bottom: #000000 1px solid; min-width: 21pt; text-align: right; padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 2.5pt;">(2,560<font style="position: absolute;">)</font></td>
<td style="border-bottom: #ffffff 1px solid; width: 0pt; padding: 0pt;">​</td>
<td style="border-bottom: #ffffff 1px solid; width: 0pt; padding: 0pt;">​</td>
</tr>
<tr style="text-align: right; text-transform: none; background-color: #cceeff; font: 10pt/10pt 'times new roman', times, serif; white-space: nowrap; color: #000000; vertical-align: bottom;">
<td style="text-align: left; padding-bottom: 0.5pt; padding-left: 0pt; width: 315.22pt; padding-right: 0pt; padding-top: 2.25pt;">
<div style="white-space: nowrap;">Total underwriting profit (loss) of operating segments</div>
</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="min-width: 3.75pt; text-align: right; padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 2.25pt;">​</td>
<td style="min-width: 23.25pt; text-align: right; padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 2.25pt;">46,123</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="min-width: 3.75pt; text-align: right; padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 2.25pt;">​</td>
<td style="min-width: 23.25pt; text-align: right; padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 2.25pt;">35,796</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="min-width: 3.75pt; text-align: right; padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 2.25pt;">​</td>
<td style="min-width: 21pt; text-align: right; padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 2.25pt;">37,095</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
</tr>
<tr style="text-align: right; text-transform: none; font: 10pt/10pt 'times new roman', times, serif; white-space: nowrap; color: #000000; vertical-align: bottom;">
<td style="border-bottom: #ffffff 1px solid; text-align: left; padding-bottom: 1.5pt; padding-left: 0pt; width: 315.22pt; padding-right: 0pt; padding-top: 2.5pt;">
<div style="white-space: nowrap;">Other operating expenses of the Corporate and Other segment</div>
</td>
<td style="border-bottom: #ffffff 1px solid; width: 6pt; padding: 0pt;">​</td>
<td style="border-bottom: #ffffff 1px solid; width: 6pt; padding: 0pt;">​</td>
<td style="border-bottom: #ffffff 1px solid; width: 0pt; padding: 0pt;">​</td>
<td style="border-bottom: #000000 1px solid; min-width: 3.75pt; text-align: right; padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 2.5pt;">​</td>
<td style="border-bottom: #000000 1px solid; min-width: 23.25pt; text-align: right; padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 2.5pt;">(18,554<font style="position: absolute;">)</font></td>
<td style="border-bottom: #ffffff 1px solid; width: 0pt; padding: 0pt;">​</td>
<td style="border-bottom: #ffffff 1px solid; width: 6pt; padding: 0pt;">​</td>
<td style="border-bottom: #ffffff 1px solid; width: 6pt; padding: 0pt;">​</td>
<td style="border-bottom: #ffffff 1px solid; width: 0pt; padding: 0pt;">​</td>
<td style="border-bottom: #000000 1px solid; min-width: 3.75pt; text-align: right; padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 2.5pt;">​</td>
<td style="border-bottom: #000000 1px solid; min-width: 23.25pt; text-align: right; padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 2.5pt;">(9,124<font style="position: absolute;">)</font></td>
<td style="border-bottom: #ffffff 1px solid; width: 0pt; padding: 0pt;">​</td>
<td style="border-bottom: #ffffff 1px solid; width: 6pt; padding: 0pt;">​</td>
<td style="border-bottom: #ffffff 1px solid; width: 6pt; padding: 0pt;">​</td>
<td style="border-bottom: #ffffff 1px solid; width: 0pt; padding: 0pt;">​</td>
<td style="border-bottom: #000000 1px solid; min-width: 3.75pt; text-align: right; padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 2.5pt;">​</td>
<td style="border-bottom: #000000 1px solid; min-width: 21pt; text-align: right; padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 2.5pt;">(8,307<font style="position: absolute;">)</font></td>
<td style="border-bottom: #ffffff 1px solid; width: 0pt; padding: 0pt;">​</td>
<td style="border-bottom: #ffffff 1px solid; width: 0pt; padding: 0pt;">​</td>
</tr>
<tr style="text-align: right; text-transform: none; background-color: #cceeff; font: 10pt/10pt 'times new roman', times, serif; white-space: nowrap; color: #000000; vertical-align: bottom;">
<td style="text-align: left; padding-bottom: 0.5pt; padding-left: 0pt; width: 315.22pt; padding-right: 0pt; padding-top: 2.25pt;">
<div style="white-space: nowrap;">Underwriting profit (loss)</div>
</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="min-width: 3.75pt; text-align: right; padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 2.25pt;">​</td>
<td style="min-width: 23.25pt; text-align: right; padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 2.25pt;">27,569</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="min-width: 3.75pt; text-align: right; padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 2.25pt;">​</td>
<td style="min-width: 23.25pt; text-align: right; padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 2.25pt;">26,672</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="min-width: 3.75pt; text-align: right; padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 2.25pt;">​</td>
<td style="min-width: 21pt; text-align: right; padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 2.25pt;">28,788</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
</tr>
<tr style="text-align: right; text-transform: none; font: 10pt/10pt 'times new roman', times, serif; white-space: nowrap; color: #000000; vertical-align: bottom;">
<td style="text-align: left; padding-bottom: 0.5pt; padding-left: 0pt; width: 315.22pt; padding-right: 0pt; padding-top: 2.5pt;">
<div style="white-space: nowrap;">Net investment income</div>
</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="min-width: 3.75pt; text-align: right; padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 2.5pt;">​</td>
<td style="min-width: 23.25pt; text-align: right; padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 2.5pt;">44,835</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="min-width: 3.75pt; text-align: right; padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 2.5pt;">​</td>
<td style="min-width: 23.25pt; text-align: right; padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 2.5pt;">43,005</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="min-width: 3.75pt; text-align: right; padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 2.5pt;">​</td>
<td style="min-width: 21pt; text-align: right; padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 2.5pt;">45,373</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
</tr>
<tr style="text-align: right; text-transform: none; background-color: #cceeff; font: 10pt/10pt 'times new roman', times, serif; white-space: nowrap; color: #000000; vertical-align: bottom;">
<td style="text-align: left; padding-bottom: 0.5pt; padding-left: 0pt; width: 315.22pt; padding-right: 0pt; padding-top: 2.5pt;">
<div style="white-space: nowrap;">Net realized investment (losses) gains</div>
</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="min-width: 3.75pt; text-align: right; padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 2.5pt;">​</td>
<td style="min-width: 23.25pt; text-align: right; padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 2.5pt;">(4,547<font style="position: absolute;">)</font></td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="min-width: 3.75pt; text-align: right; padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 2.5pt;">​</td>
<td style="min-width: 23.25pt; text-align: right; padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 2.5pt;">(1,336<font style="position: absolute;">)</font></td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="min-width: 3.75pt; text-align: right; padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 2.5pt;">​</td>
<td style="min-width: 21pt; text-align: right; padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 2.5pt;">12,619</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
</tr>
<tr style="text-align: right; text-transform: none; font: 10pt/10pt 'times new roman', times, serif; white-space: nowrap; color: #000000; vertical-align: bottom;">
<td style="text-align: left; padding-bottom: 0.5pt; padding-left: 0pt; width: 315.22pt; padding-right: 0pt; padding-top: 2.5pt;">
<div style="white-space: nowrap;">Other income</div>
</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="min-width: 3.75pt; text-align: right; padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 2.5pt;">​</td>
<td style="min-width: 23.25pt; text-align: right; padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 2.5pt;">245</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="min-width: 3.75pt; text-align: right; padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 2.5pt;">​</td>
<td style="min-width: 23.25pt; text-align: right; padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 2.5pt;">239</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="min-width: 3.75pt; text-align: right; padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 2.5pt;">​</td>
<td style="min-width: 21pt; text-align: right; padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 2.5pt;">222</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
</tr>
<tr style="text-align: right; text-transform: none; background-color: #cceeff; font: 10pt/10pt 'times new roman', times, serif; white-space: nowrap; color: #000000; vertical-align: bottom;">
<td style="text-align: left; padding-bottom: 0.5pt; padding-left: 0pt; width: 315.22pt; padding-right: 0pt; padding-top: 2.5pt;">
<div style="white-space: nowrap;">Other expenses</div>
</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="min-width: 3.75pt; text-align: right; padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 2.5pt;">​</td>
<td style="min-width: 23.25pt; text-align: right; padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 2.5pt;">(730<font style="position: absolute;">)</font></td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="min-width: 3.75pt; text-align: right; padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 2.5pt;">​</td>
<td style="min-width: 23.25pt; text-align: right; padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 2.5pt;">(16,012<font style="position: absolute;">)</font></td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="min-width: 3.75pt; text-align: right; padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 2.5pt;">​</td>
<td style="min-width: 21pt; text-align: right; padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 2.5pt;">(677<font style="position: absolute;">)</font></td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
</tr>
<tr style="text-align: right; text-transform: none; font: 10pt/10pt 'times new roman', times, serif; white-space: nowrap; color: #000000; vertical-align: bottom;">
<td style="text-align: left; padding-bottom: 0.5pt; padding-left: 0pt; width: 315.22pt; padding-right: 0pt; padding-top: 2.5pt;">
<div style="white-space: nowrap;">Interest expense</div>
</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="min-width: 3.75pt; text-align: right; padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 2.5pt;">​</td>
<td style="min-width: 23.25pt; text-align: right; padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 2.5pt;">(6,999<font style="position: absolute;">)</font></td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="min-width: 3.75pt; text-align: right; padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 2.5pt;">​</td>
<td style="min-width: 23.25pt; text-align: right; padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 2.5pt;">(6,347<font style="position: absolute;">)</font></td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="min-width: 3.75pt; text-align: right; padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 2.5pt;">​</td>
<td style="min-width: 21pt; text-align: right; padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 2.5pt;">(6,777<font style="position: absolute;">)</font></td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
</tr>
<tr style="text-align: right; text-transform: none; background-color: #cceeff; font: 10pt/10pt 'times new roman', times, serif; white-space: nowrap; color: #000000; vertical-align: bottom;">
<td style="border-bottom: #cceeff 1px solid; text-align: left; padding-bottom: 1.5pt; padding-left: 0pt; width: 315.22pt; padding-right: 0pt; padding-top: 2.5pt;">
<div style="white-space: nowrap;">Amortization of intangible assets</div>
</td>
<td style="border-bottom: #cceeff 1px solid; width: 6pt; padding: 0pt;">​</td>
<td style="border-bottom: #cceeff 1px solid; width: 6pt; padding: 0pt;">​</td>
<td style="border-bottom: #cceeff 1px solid; width: 0pt; padding: 0pt;">​</td>
<td style="border-bottom: #000000 1px solid; min-width: 3.75pt; text-align: right; padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 2.5pt;">​</td>
<td style="border-bottom: #000000 1px solid; min-width: 23.25pt; text-align: right; padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 2.5pt;">(597<font style="position: absolute;">)</font></td>
<td style="border-bottom: #cceeff 1px solid; width: 0pt; padding: 0pt;">​</td>
<td style="border-bottom: #cceeff 1px solid; width: 6pt; padding: 0pt;">​</td>
<td style="border-bottom: #cceeff 1px solid; width: 6pt; padding: 0pt;">​</td>
<td style="border-bottom: #cceeff 1px solid; width: 0pt; padding: 0pt;">​</td>
<td style="border-bottom: #000000 1px solid; min-width: 3.75pt; text-align: right; padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 2.5pt;">​</td>
<td style="border-bottom: #000000 1px solid; min-width: 23.25pt; text-align: right; padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 2.5pt;">(597<font style="position: absolute;">)</font></td>
<td style="border-bottom: #cceeff 1px solid; width: 0pt; padding: 0pt;">​</td>
<td style="border-bottom: #cceeff 1px solid; width: 6pt; padding: 0pt;">​</td>
<td style="border-bottom: #cceeff 1px solid; width: 6pt; padding: 0pt;">​</td>
<td style="border-bottom: #cceeff 1px solid; width: 0pt; padding: 0pt;">​</td>
<td style="border-bottom: #000000 1px solid; min-width: 3.75pt; text-align: right; padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 2.5pt;">​</td>
<td style="border-bottom: #000000 1px solid; min-width: 21pt; text-align: right; padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 2.5pt;">(2,470<font style="position: absolute;">)</font></td>
<td style="border-bottom: #cceeff 1px solid; width: 0pt; padding: 0pt;">​</td>
<td style="border-bottom: #cceeff 1px solid; width: 0pt; padding: 0pt;">​</td>
</tr>
<tr style="text-align: right; text-transform: none; font: 10pt/10pt 'times new roman', times, serif; white-space: nowrap; color: #000000; vertical-align: bottom;">
<td style="text-align: left; padding-bottom: 2.75pt; padding-left: 0pt; width: 315.22pt; padding-right: 0pt; padding-top: 2.25pt;">
<div style="white-space: nowrap;">Income before income taxes</div>
</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="border-bottom: #000000 3px double; min-width: 3.75pt; text-align: right; padding-bottom: 2pt; padding-left: 0pt; padding-right: 0pt; padding-top: 2.25pt;">$</td>
<td style="border-bottom: #000000 3px double; min-width: 23.25pt; text-align: right; padding-bottom: 2pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 2.25pt;">59,776</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="border-bottom: #000000 3px double; min-width: 3.75pt; text-align: right; padding-bottom: 2pt; padding-left: 0pt; padding-right: 0pt; padding-top: 2.25pt;">$</td>
<td style="border-bottom: #000000 3px double; min-width: 23.25pt; text-align: right; padding-bottom: 2pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 2.25pt;">45,624</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="border-bottom: #000000 3px double; min-width: 3.75pt; text-align: right; padding-bottom: 2pt; padding-left: 0pt; padding-right: 0pt; padding-top: 2.25pt;">$</td>
<td style="border-bottom: #000000 3px double; min-width: 21pt; text-align: right; padding-bottom: 2pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 2.25pt;">77,078</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
</tr>
<tr style="line-height: 5pt; height: 5pt;">
<td style="line-height: 0pt; font-size: 0pt; padding: 0pt;" colspan="23">​</td>
</tr>
</table>
<div> </div>
<table align="center" style="widows: 1; text-transform: none; text-indent: 0px; width: 100%; border-collapse: collapse; font: 13px 'times new roman', times, serif; white-space: normal; letter-spacing: normal; height: 95px; color: #000000; word-spacing: 0px; -webkit-text-stroke-width: 0px;" border="0">
<tr style="text-align: left; text-transform: none; font: bold 8pt/8pt 'times new roman', times, serif; white-space: nowrap; color: #000000; vertical-align: bottom;">
<td style="border-bottom: #ffffff 1px solid; padding-bottom: 0.5pt; padding-left: 0pt; width: 275.88pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="border-bottom: #ffffff 1px solid; width: 4.5pt; padding: 0pt;">​</td>
<td style="border-bottom: #ffffff 1px solid; width: 4.5pt; padding: 0pt;">​</td>
<td style="border-bottom: #000000 1px solid; text-align: center; padding-bottom: 2.5pt; padding-left: 0pt; width: 0pt; padding-right: 0pt; padding-top: 0pt;" colspan="16">
<div style="text-align: center; white-space: nowrap;">Year Ended December 31,</div>
</td>
<td style="border-bottom: #ffffff 1px solid; width: 0pt; padding: 0pt;">​</td>
</tr>
<tr style="text-align: center; text-transform: none; font: bold 8pt/8pt 'times new roman', times, serif; white-space: nowrap; color: #000000; vertical-align: bottom;">
<td style="border-bottom: #ffffff 1px solid; text-align: left; padding-bottom: 0.5pt; padding-left: 0pt; width: 275.88pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="border-bottom: #ffffff 1px solid; width: 4.5pt; padding: 0pt;">​</td>
<td style="border-bottom: #ffffff 1px solid; width: 4.5pt; padding: 0pt;">​</td>
<td style="border-bottom: #000000 1px solid; padding-bottom: 2.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.25pt;" colspan="4">
<div style="text-align: center; white-space: nowrap;">2015</div>
</td>
<td style="border-bottom: #ffffff 1px solid; width: 4.5pt; padding: 0pt;">​</td>
<td style="border-bottom: #ffffff 1px solid; width: 4.5pt; padding: 0pt;">​</td>
<td style="border-bottom: #000000 1px solid; padding-bottom: 2.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.25pt;" colspan="4">
<div style="text-align: center; white-space: nowrap;">2014</div>
</td>
<td style="border-bottom: #ffffff 1px solid; width: 4.5pt; padding: 0pt;">​</td>
<td style="border-bottom: #ffffff 1px solid; width: 4.5pt; padding: 0pt;">​</td>
<td style="border-bottom: #000000 1px solid; padding-bottom: 2.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.25pt;" colspan="4">
<div style="text-align: center; white-space: nowrap;">2013</div>
</td>
<td style="border-bottom: #ffffff 1px solid; width: 0pt; padding: 0pt;">​</td>
</tr>
<tr style="text-align: left; text-transform: none; font: bold italic 8pt/8pt 'times new roman', times, serif; white-space: nowrap; color: #000000; vertical-align: bottom;">
<td style="padding-bottom: 0.5pt; padding-left: 0pt; width: 275.88pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="width: 4.5pt; padding: 0pt;">​</td>
<td style="width: 4.5pt; padding: 0pt;">​</td>
<td style="text-align: center; padding-bottom: 0.5pt; padding-left: 0pt; width: 0pt; padding-right: 0pt; padding-top: 3.25pt;" colspan="16">
<div style="text-align: center; white-space: nowrap;">(in thousands)</div>
</td>
<td style="width: 0pt; padding: 0pt;">​</td>
</tr>
<tr style="text-align: right; text-transform: none; background-color: #cceeff; font: 10pt/10pt 'times new roman', times, serif; white-space: nowrap; color: #000000; vertical-align: bottom;">
<td style="text-align: left; padding-bottom: 1.5pt; padding-left: 0pt; width: 275.88pt; padding-right: 0pt; padding-top: 3.5pt;">
<div style="white-space: nowrap;">Amortization of policy acquisition costs</div>
</td>
<td style="width: 4.5pt; padding: 0pt;">​</td>
<td style="width: 4.5pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="min-width: 3.75pt; text-align: right; padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.5pt;">$</td>
<td style="min-width: 24.75pt; text-align: right; padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3.5pt;">97,750</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="width: 4.5pt; padding: 0pt;">​</td>
<td style="width: 4.5pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="min-width: 3.75pt; text-align: right; padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.5pt;">$</td>
<td style="min-width: 24.75pt; text-align: right; padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3.5pt;">85,183</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="width: 4.5pt; padding: 0pt;">​</td>
<td style="width: 4.5pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="min-width: 3.75pt; text-align: right; padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.5pt;">$</td>
<td style="min-width: 24.75pt; text-align: right; padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3.5pt;">71,648</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
</tr>
<tr style="text-align: right; text-transform: none; font: 10pt/10pt 'times new roman', times, serif; white-space: nowrap; color: #000000; vertical-align: bottom;">
<td style="text-align: left; padding-bottom: 1.5pt; padding-left: 0pt; width: 275.88pt; padding-right: 0pt; padding-top: 3.5pt;">
<div style="white-space: nowrap;">Other underwriting expenses of the insurance segments</div>
</td>
<td style="width: 4.5pt; padding: 0pt;">​</td>
<td style="width: 4.5pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="min-width: 3.75pt; text-align: right; padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.5pt;">​</td>
<td style="min-width: 24.75pt; text-align: right; padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3.5pt;">41,499</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="width: 4.5pt; padding: 0pt;">​</td>
<td style="width: 4.5pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="min-width: 3.75pt; text-align: right; padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.5pt;">​</td>
<td style="min-width: 24.75pt; text-align: right; padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3.5pt;">38,748</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="width: 4.5pt; padding: 0pt;">​</td>
<td style="width: 4.5pt; padding: 0pt;">​</td>
<td style="width: 0pt;
padding: 0pt;">​</td>
<td style="min-width: 3.75pt; text-align: right; padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.5pt;">​</td>
<td style="min-width: 24.75pt; text-align: right; padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3.5pt;">34,849</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
</tr>
<tr style="text-align: right; text-transform: none; background-color: #cceeff; font: 10pt/10pt 'times new roman', times, serif; white-space: nowrap; color: #000000; vertical-align: bottom;">
<td style="border-bottom: #cceeff 1px solid; text-align: left; padding-bottom: 2.5pt; padding-left: 0pt; width: 275.88pt; padding-right: 0pt; padding-top: 3.5pt;">
<div style="white-space: nowrap;">Other operating expenses of the Corporate and Other segment</div>
</td>
<td style="border-bottom: #cceeff 1px solid; width: 4.5pt; padding: 0pt;">​</td>
<td style="border-bottom: #cceeff 1px solid; width: 4.5pt; padding: 0pt;">​</td>
<td style="border-bottom: #cceeff 1px solid; width: 0pt; padding: 0pt;">​</td>
<td style="border-bottom: #000000 1px solid; min-width: 3.75pt; text-align: right; padding-bottom: 2.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.5pt;">​</td>
<td style="border-bottom: #000000 1px solid; min-width: 24.75pt; text-align: right; padding-bottom: 2.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3.5pt;">18,554</td>
<td style="border-bottom: #cceeff 1px solid; width: 0pt; padding: 0pt;">​</td>
<td style="border-bottom: #cceeff 1px solid; width: 4.5pt; padding: 0pt;">​</td>
<td style="border-bottom: #cceeff 1px solid; width: 4.5pt; padding: 0pt;">​</td>
<td style="border-bottom: #cceeff 1px solid; width: 0pt; padding: 0pt;">​</td>
<td style="border-bottom: #000000 1px solid; min-width: 3.75pt; text-align: right; padding-bottom: 2.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.5pt;">​</td>
<td style="border-bottom: #000000 1px solid; min-width: 24.75pt; text-align: right; padding-bottom: 2.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3.5pt;">9,124</td>
<td style="border-bottom: #cceeff 1px solid; width: 0pt; padding: 0pt;">​</td>
<td style="border-bottom: #cceeff 1px solid; width: 4.5pt; padding: 0pt;">​</td>
<td style="border-bottom: #cceeff 1px solid; width: 4.5pt; padding: 0pt;">​</td>
<td style="border-bottom: #cceeff 1px solid; width: 0pt; padding: 0pt;">​</td>
<td style="border-bottom: #000000 1px solid; min-width: 3.75pt; text-align: right; padding-bottom: 2.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.5pt;">​</td>
<td style="border-bottom: #000000 1px solid; min-width: 24.75pt; text-align: right; padding-bottom: 2.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3.5pt;">8,307</td>
<td style="border-bottom: #cceeff 1px solid; width: 0pt; padding: 0pt;">​</td>
<td style="border-bottom: #cceeff 1px solid; width: 0pt; padding: 0pt;">​</td>
</tr>
<tr style="text-align: right; text-transform: none; font: 10pt/10pt 'times new roman', times, serif; white-space: nowrap; color: #000000; vertical-align: bottom;">
<td style="text-align: left; padding-bottom: 2.75pt; padding-left: 0pt; width: 275.88pt; padding-right: 0pt; padding-top: 3.25pt;">
<div style="white-space: nowrap;">Total</div>
</td>
<td style="width: 4.5pt; padding: 0pt;">​</td>
<td style="width: 4.5pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="border-bottom: #000000 3px double; min-width: 3.75pt; text-align: right; padding-bottom: 2pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.25pt;">$</td>
<td style="border-bottom: #000000 3px double; min-width: 24.75pt; text-align: right; padding-bottom: 2pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3.25pt;">157,803</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="width: 4.5pt; padding: 0pt;">​</td>
<td style="width: 4.5pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="border-bottom: #000000 3px double; min-width: 3.75pt; text-align: right; padding-bottom: 2pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.25pt;">$</td>
<td style="border-bottom: #000000 3px double; min-width: 24.75pt; text-align: right; padding-bottom: 2pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3.25pt;">133,055</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="width: 4.5pt; padding: 0pt;">​</td>
<td style="width: 4.5pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="border-bottom: #000000 3px double; min-width: 3.75pt; text-align: right; padding-bottom: 2pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.25pt;">$</td>
<td style="border-bottom: #000000 3px double; min-width: 24.75pt; text-align: right; padding-bottom: 2pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3.25pt;">114,804</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
</tr>
<tr style="line-height: 4pt; height: 4pt;">
<td style="line-height: 0pt; font-size: 0pt; padding: 0pt;" colspan="23">​</td>
</tr>
</table>
<table align="center" style="widows: 1; text-transform: none; text-indent: 0px; width: 100%; border-collapse: collapse; font: 13px 'times new roman', times, serif; white-space: normal; letter-spacing: normal; height: 370px; color: #000000; word-spacing: 0px; -webkit-text-stroke-width: 0px;" border="0">
<tr style="text-align: left; text-transform: none; font: bold 8pt/8pt 'times new roman', times, serif; white-space: nowrap; color: #000000; vertical-align: bottom;">
<td style="border-bottom: #ffffff 1px solid; padding-bottom: 0.5pt; padding-left: 0pt; width: 240.34pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="border-bottom: #ffffff 1px solid; width: 6pt; padding: 0pt;">​</td>
<td style="border-bottom: #ffffff 1px solid; width: 6pt; padding: 0pt;">​</td>
<td style="border-bottom: #000000 1px solid; text-align: center; padding-bottom: 2.5pt; padding-left: 0pt; width: 0pt; padding-right: 0pt; padding-top: 0pt;" colspan="22">
<div style="text-align: center; white-space: nowrap;">Fair Value Measurements Using</div>
</td>
<td style="border-bottom: #ffffff 1px solid; width: 0pt; padding: 0pt;">​</td>
</tr>
<tr style="text-align: center; text-transform: none; font: bold 8pt/9pt 'times new roman', times, serif; white-space: nowrap; color: #000000; vertical-align: bottom;">
<td style="border-bottom: #ffffff 1px solid; text-align: left; padding-bottom: 0.5pt; padding-left: 0pt; width: 240.34pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="border-bottom: #ffffff 1px solid; width: 6pt; padding: 0pt;">​</td>
<td style="border-bottom: #ffffff 1px solid; width: 6pt; padding: 0pt;">​</td>
<td style="border-bottom: #000000 1px solid; padding-bottom: 2.167pt; padding-left: 0pt; padding-right: 0pt; padding-top: 2.583pt;" colspan="4">
<div style="text-align: center;">Quoted Prices <br />in Active <br />Markets for <br />Identical <br />Assets Level 1</div>
</td>
<td style="border-bottom: #ffffff 1px solid; width: 6pt; padding: 0pt;">​</td>
<td style="border-bottom: #ffffff 1px solid; width: 6pt; padding: 0pt;">​</td>
<td style="border-bottom: #000000 1px solid; padding-bottom: 2.167pt; padding-left: 0pt; padding-right: 0pt; padding-top: 2.583pt;" colspan="4">
<div style="text-align: center;">Significant <br />Other <br />Observable <br />Inputs <br />Level 2</div>
</td>
<td style="border-bottom: #ffffff 1px solid; width: 6pt; padding: 0pt;">​</td>
<td style="border-bottom: #ffffff 1px solid; width: 6pt; padding: 0pt;">​</td>
<td style="border-bottom: #000000 1px solid; padding-bottom: 2.167pt; padding-left: 0pt; padding-right: 0pt; padding-top: 2.583pt;" colspan="4">
<div style="text-align: center;">Significant <br />Unobservable <br />Inputs <br />Level 3</div>
</td>
<td style="border-bottom: #ffffff 1px solid; width: 6pt; padding: 0pt;">​</td>
<td style="border-bottom: #ffffff 1px solid; width: 6pt; padding: 0pt;">​</td>
<td style="border-bottom: #000000 1px solid; padding-bottom: 2.167pt; padding-left: 0pt; padding-right: 0pt; padding-top: 2.583pt;" colspan="4">
<div style="text-align: center; white-space: nowrap;">Total</div>
</td>
<td style="border-bottom: #ffffff 1px solid; width: 0pt; padding: 0pt;">​</td>
</tr>
<tr style="text-align: left; text-transform: none; font: bold italic 8pt/8pt 'times new roman', times, serif; white-space: nowrap; color: #000000; vertical-align: bottom;">
<td style="padding-bottom: 0.5pt; padding-left: 0pt; width: 240.34pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="text-align: center; padding-bottom: 0.5pt; padding-left: 0pt; width: 0pt; padding-right: 0pt; padding-top: 3.25pt;" colspan="22">
<div style="text-align: center; white-space: nowrap;">(in thousands)</div>
</td>
<td style="width: 0pt; padding: 0pt;">​</td>
</tr>
<tr style="text-align: left; text-transform: none; background-color: #cceeff; font: 10pt/10pt 'times new roman', times, serif; white-space: nowrap; color: #000000; vertical-align: bottom;">
<td style="padding-bottom: 1.5pt; padding-left: 0pt; width: 240.34pt; padding-right: 0pt; padding-top: 3.5pt;">Available-for-sale securities</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td colspan="6">​</td>
<td colspan="6">​</td>
<td colspan="6">​</td>
<td colspan="6">​</td>
</tr>
<tr style="text-align: left; text-transform: none; font: 10pt/10pt 'times new roman', times, serif; white-space: nowrap; color: #000000; vertical-align: bottom;">
<td style="padding-bottom: 1.5pt; padding-left: 0pt; width: 240.34pt; padding-right: 0pt; padding-top: 3.5pt;">Fixed maturity securities:</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td colspan="6">​</td>
<td colspan="6">​</td>
<td colspan="6">​</td>
<td colspan="6">​</td>
</tr>
<tr style="text-align: right; text-transform: none; background-color: #cceeff; font: 10pt/10pt 'times new roman', times, serif; white-space: nowrap; color: #000000; vertical-align: bottom;">
<td style="text-align: left; padding-bottom: 1.5pt; padding-left: 0pt; width: 240.34pt; padding-right: 0pt; padding-top: 3.5pt;">
<div style="margin-left: 10pt;">State and municipal</div>
</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="padding-bottom: 0pt; padding-left: 7.35pt; width: 0pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="min-width: 3.75pt; text-align: right; padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.5pt;">$</td>
<td style="min-width: 21pt; text-align: right; padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3.5pt;">—</td>
<td style="padding-bottom: 0pt; padding-left: 7.35pt; width: 0pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="min-width: 3.75pt; text-align: right; padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.5pt;">$</td>
<td style="min-width: 24.75pt; text-align: right; padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3.5pt;">103,457</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="padding-bottom: 0pt; padding-left: 8.565pt; width: 0pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="min-width: 3.75pt; text-align: right; padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.5pt;">$</td>
<td style="min-width: 17.25pt; text-align: right; padding-bottom: 1.5pt; padding-left: 0pt; padding-right:
0pt; white-space: nowrap; padding-top: 3.5pt;">—</td>
<td style="padding-bottom: 0pt; padding-left: 8.565pt; width: 0pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="min-width: 3.75pt; text-align: right; padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.5pt;">$</td>
<td style="min-width: 24.75pt; text-align: right; padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3.5pt;">103,457</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
</tr>
<tr style="text-align: right; text-transform: none; font: 10pt/10pt 'times new roman', times, serif; white-space: nowrap; color: #000000; vertical-align: bottom;">
<td style="text-align: left; padding-bottom: 1.5pt; padding-left: 0pt; width: 240.34pt; padding-right: 0pt; padding-top: 3.5pt;">
<div style="margin-left: 10pt;">Residential mortgage-backed</div>
</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="padding-bottom: 0pt; padding-left: 7.35pt; width: 0pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="min-width: 3.75pt; text-align: right; padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.5pt;">​</td>
<td style="min-width: 21pt; text-align: right; padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3.5pt;">—</td>
<td style="padding-bottom: 0pt; padding-left: 7.35pt; width: 0pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="min-width: 3.75pt; text-align: right; padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.5pt;">​</td>
<td style="min-width: 24.75pt; text-align: right; padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3.5pt;">136,887</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="padding-bottom: 0pt; padding-left: 8.565pt; width: 0pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="min-width: 3.75pt; text-align: right; padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.5pt;">​</td>
<td style="min-width: 17.25pt; text-align: right; padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3.5pt;">—</td>
<td style="padding-bottom: 0pt; padding-left: 8.565pt; width: 0pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="min-width: 3.75pt; text-align: right; padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.5pt;">​</td>
<td style="min-width: 24.75pt; text-align: right; padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3.5pt;">136,887</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
</tr>
<tr style="text-align: right; text-transform: none; background-color: #cceeff; font: 10pt/10pt 'times new roman', times, serif; white-space: nowrap; color: #000000; vertical-align: bottom;">
<td style="text-align: left; padding-bottom: 1.5pt; padding-left: 0pt; width: 240.34pt; padding-right: 0pt; padding-top: 3.5pt;">
<div style="margin-left: 10pt;">Corporate</div>
</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="padding-bottom: 0pt; padding-left: 7.35pt; width: 0pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="min-width: 3.75pt; text-align: right; padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.5pt;">​</td>
<td style="min-width: 21pt; text-align: right; padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3.5pt;">—</td>
<td style="padding-bottom: 0pt; padding-left: 7.35pt; width: 0pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="min-width: 3.75pt; text-align: right; padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.5pt;">​</td>
<td style="min-width: 24.75pt; text-align: right; padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3.5pt;">363,168</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="padding-bottom: 0pt; padding-left: 8.565pt; width: 0pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="min-width: 3.75pt; text-align: right; padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.5pt;">​</td>
<td style="min-width: 17.25pt; text-align: right; padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3.5pt;">—</td>
<td style="padding-bottom: 0pt; padding-left: 8.565pt; width: 0pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="min-width: 3.75pt; text-align: right; padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.5pt;">​</td>
<td style="min-width: 24.75pt; text-align: right; padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3.5pt;">363,168</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
</tr>
<tr style="text-align: right; text-transform: none; font: 10pt/10pt 'times new roman', times, serif; white-space: nowrap; color: #000000; vertical-align: bottom;">
<td style="text-align: left; padding-bottom: 1.5pt; padding-left: 0pt; width: 240.34pt; padding-right: 0pt; padding-top: 3.5pt;">
<div style="margin-left: 10pt;">Commercial mortgage and asset-backed</div>
</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="padding-bottom: 0pt; padding-left: 7.35pt; width: 0pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="min-width: 3.75pt; text-align: right; padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; padding-top:
3.5pt;">​</td>
<td style="min-width: 21pt; text-align: right; padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3.5pt;">—</td>
<td style="padding-bottom: 0pt; padding-left: 7.35pt; width: 0pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="min-width: 3.75pt; text-align: right; padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.5pt;">​</td>
<td style="min-width: 24.75pt; text-align: right; padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3.5pt;">125,696</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="padding-bottom: 0pt; padding-left: 8.565pt; width: 0pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="min-width: 3.75pt; text-align: right; padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.5pt;">​</td>
<td style="min-width: 17.25pt; text-align: right; padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3.5pt;">5,000</td>
<td style="padding-bottom: 0pt; padding-left: 8.565pt; width: 0pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="min-width: 3.75pt; text-align: right; padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.5pt;">​</td>
<td style="min-width: 24.75pt; text-align: right; padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3.5pt;">130,696</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
</tr>
<tr style="text-align: right; text-transform: none; background-color: #cceeff; font: 10pt/12pt 'times new roman', times, serif; white-space: nowrap; color: #000000; vertical-align: bottom;">
<td style="text-align: left; padding-bottom: 0.833pt; padding-left: 0pt; width: 240.34pt; padding-right: 0pt; white-space: normal; padding-top: 2.167pt;">
<div style="text-indent: -10pt; margin-left: 20pt;">Obligations of U.S. government corporations and agencies</div>
</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="padding-bottom: 0pt; padding-left: 7.35pt; width: 0pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="min-width: 3.75pt; text-align: right; padding-bottom: 0.833pt; padding-left: 0pt; padding-right: 0pt; padding-top: 2.167pt;">​</td>
<td style="min-width: 21pt; text-align: right; padding-bottom: 0.833pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 2.167pt;">—</td>
<td style="padding-bottom: 0pt; padding-left: 7.35pt; width: 0pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="min-width: 3.75pt; text-align: right; padding-bottom: 0.833pt; padding-left: 0pt; padding-right: 0pt; padding-top: 2.167pt;">​</td>
<td style="min-width: 24.75pt; text-align: right; padding-bottom: 0.833pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 2.167pt;">90,163</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="padding-bottom: 0pt; padding-left: 8.565pt; width: 0pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="min-width: 3.75pt; text-align: right; padding-bottom: 0.833pt; padding-left: 0pt; padding-right: 0pt; padding-top: 2.167pt;">​</td>
<td style="min-width: 17.25pt; text-align: right; padding-bottom: 0.833pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 2.167pt;">—</td>
<td style="padding-bottom: 0pt; padding-left: 8.565pt; width: 0pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="min-width: 3.75pt; text-align: right; padding-bottom: 0.833pt; padding-left: 0pt; padding-right: 0pt; padding-top: 2.167pt;">​</td>
<td style="min-width: 24.75pt; text-align: right; padding-bottom: 0.833pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 2.167pt;">90,163</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
</tr>
<tr style="text-align: right; text-transform: none; font: 10pt/12pt 'times new roman', times, serif; white-space: nowrap; color: #000000; vertical-align: bottom;">
<td style="text-align: left; padding-bottom: 0.833pt; padding-left: 0pt; width: 240.34pt; padding-right: 0pt; padding-top: 2.167pt;">
<div style="text-indent: -10pt; margin-left: 20pt;">U.S. Treasury securities and obligations guaranteed by <br />the U.S. government</div>
</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="padding-bottom: 0pt; padding-left: 7.35pt; width: 0pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="min-width: 3.75pt; text-align: right; padding-bottom: 0.833pt; padding-left: 0pt; padding-right: 0pt; padding-top: 2.167pt;">​</td>
<td style="min-width: 21pt; text-align: right; padding-bottom: 0.833pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 2.167pt;">72,542</td>
<td style="padding-bottom: 0pt; padding-left: 7.35pt; width: 0pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="min-width: 3.75pt; text-align: right; padding-bottom: 0.833pt; padding-left: 0pt; padding-right: 0pt; padding-top: 2.167pt;">​</td>
<td style="min-width: 24.75pt; text-align: right; padding-bottom: 0.833pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 2.167pt;">713</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="padding-bottom: 0pt; padding-left: 8.565pt; width: 0pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="min-width: 3.75pt; text-align: right; padding-bottom: 0.833pt; padding-left: 0pt; padding-right: 0pt; padding-top: 2.167pt;">​</td>
<td style="min-width: 17.25pt; text-align: right; padding-bottom: 0.833pt;
padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 2.167pt;">—</td>
<td style="padding-bottom: 0pt; padding-left: 8.565pt; width: 0pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="min-width: 3.75pt; text-align: right; padding-bottom: 0.833pt; padding-left: 0pt; padding-right: 0pt; padding-top: 2.167pt;">​</td>
<td style="min-width: 24.75pt; text-align: right; padding-bottom: 0.833pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 2.167pt;">73,255</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
</tr>
<tr style="text-align: right; text-transform: none; background-color: #cceeff; font: 10pt/10pt 'times new roman', times, serif; white-space: nowrap; color: #000000; vertical-align: bottom;">
<td style="border-bottom: #cceeff 1px solid; text-align: left; padding-bottom: 2.5pt; padding-left: 0pt; width: 240.34pt; padding-right: 0pt; padding-top: 3.5pt;">
<div style="margin-left: 10pt;">Redeemable preferred stock</div>
</td>
<td style="border-bottom: #cceeff 1px solid; width: 6pt; padding: 0pt;">​</td>
<td style="border-bottom: #cceeff 1px solid; width: 6pt; padding: 0pt;">​</td>
<td style="border-bottom: #cceeff 1px solid; padding-bottom: 0pt; padding-left: 7.35pt; width: 0pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="border-bottom: #000000 1px solid; min-width: 3.75pt; text-align: right; padding-bottom: 2.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.5pt;">​</td>
<td style="border-bottom: #000000 1px solid; min-width: 21pt; text-align: right; padding-bottom: 2.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3.5pt;">—</td>
<td style="border-bottom: #cceeff 1px solid; padding-bottom: 0pt; padding-left: 7.35pt; width: 0pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="border-bottom: #cceeff 1px solid; width: 6pt; padding: 0pt;">​</td>
<td style="border-bottom: #cceeff 1px solid; width: 6pt; padding: 0pt;">​</td>
<td style="border-bottom: #cceeff 1px solid; width: 0pt; padding: 0pt;">​</td>
<td style="border-bottom: #000000 1px solid; min-width: 3.75pt; text-align: right; padding-bottom: 2.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.5pt;">​</td>
<td style="border-bottom: #000000 1px solid; min-width: 24.75pt; text-align: right; padding-bottom: 2.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3.5pt;">2,034</td>
<td style="border-bottom: #cceeff 1px solid; width: 0pt; padding: 0pt;">​</td>
<td style="border-bottom: #cceeff 1px solid; width: 6pt; padding: 0pt;">​</td>
<td style="border-bottom: #cceeff 1px solid; width: 6pt; padding: 0pt;">​</td>
<td style="border-bottom: #cceeff 1px solid; padding-bottom: 0pt; padding-left: 8.565pt; width: 0pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="border-bottom: #000000 1px solid; min-width: 3.75pt; text-align: right; padding-bottom: 2.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.5pt;">​</td>
<td style="border-bottom: #000000 1px solid; min-width: 17.25pt; text-align: right; padding-bottom: 2.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3.5pt;">—</td>
<td style="border-bottom: #cceeff 1px solid; padding-bottom: 0pt; padding-left: 8.565pt; width: 0pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="border-bottom: #cceeff 1px solid; width: 6pt; padding: 0pt;">​</td>
<td style="border-bottom: #cceeff 1px solid; width: 6pt; padding: 0pt;">​</td>
<td style="border-bottom: #cceeff 1px solid; width: 0pt; padding: 0pt;">​</td>
<td style="border-bottom: #000000 1px solid; min-width: 3.75pt; text-align: right; padding-bottom: 2.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.5pt;">​</td>
<td style="border-bottom: #000000 1px solid; min-width: 24.75pt; text-align: right; padding-bottom: 2.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3.5pt;">2,034</td>
<td style="border-bottom: #cceeff 1px solid; width: 0pt; padding: 0pt;">​</td>
<td style="border-bottom: #cceeff 1px solid; width: 0pt; padding: 0pt;">​</td>
</tr>
<tr style="text-align: right; text-transform: none; font: 10pt/10pt 'times new roman', times, serif; white-space: nowrap; color: #000000; vertical-align: bottom;">
<td style="text-align: left; padding-bottom: 1.5pt; padding-left: 0pt; width: 240.34pt; padding-right: 0pt; padding-top: 3.25pt;">
<div style="white-space: nowrap;">Total fixed maturity securities</div>
</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="padding-bottom: 0pt; padding-left: 7.35pt; width: 0pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="min-width: 3.75pt; text-align: right; padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.25pt;">​</td>
<td style="min-width: 21pt; text-align: right; padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3.25pt;">72,542</td>
<td style="padding-bottom: 0pt; padding-left: 7.35pt; width: 0pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="min-width: 3.75pt; text-align: right; padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.25pt;">​</td>
<td style="min-width: 24.75pt; text-align: right; padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3.25pt;">822,118</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="padding-bottom: 0pt; padding-left: 8.565pt; width: 0pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="min-width: 3.75pt; text-align: right; padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.25pt;">​</td>
<td style="min-width: 17.25pt; text-align: right; padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3.25pt;">5,000</td>
<td style="padding-bottom: 0pt; padding-left: 8.565pt; width: 0pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="min-width: 3.75pt; text-align: right; padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.25pt;">​</td>
<td style="min-width: 24.75pt; text-align: right;
padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3.25pt;">899,660</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
</tr>
<tr style="text-align: left; text-transform: none; background-color: #cceeff; font: 10pt/10pt 'times new roman', times, serif; white-space: nowrap; color: #000000; vertical-align: bottom;">
<td style="padding-bottom: 1.5pt; padding-left: 0pt; width: 240.34pt; padding-right: 0pt; padding-top: 3.5pt;">Equity securities:</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td colspan="6">​</td>
<td colspan="6">​</td>
<td colspan="6">​</td>
<td colspan="6">​</td>
</tr>
<tr style="text-align: right; text-transform: none; font: 10pt/10pt 'times new roman', times, serif; white-space: nowrap; color: #000000; vertical-align: bottom;">
<td style="text-align: left; padding-bottom: 1.5pt; padding-left: 0pt; width: 240.34pt; padding-right: 0pt; padding-top: 3.5pt;">
<div style="margin-left: 10pt;">Preferred stock</div>
</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="padding-bottom: 0pt; padding-left: 7.35pt; width: 0pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="min-width: 3.75pt; text-align: right; padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.5pt;">​</td>
<td style="min-width: 21pt; text-align: right; padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3.5pt;">—</td>
<td style="padding-bottom: 0pt; padding-left: 7.35pt; width: 0pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="min-width: 3.75pt; text-align: right; padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.5pt;">​</td>
<td style="min-width: 24.75pt; text-align: right; padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3.5pt;">54,092</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="padding-bottom: 0pt; padding-left: 8.565pt; width: 0pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="min-width: 3.75pt; text-align: right; padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.5pt;">​</td>
<td style="min-width: 17.25pt; text-align: right; padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3.5pt;">—</td>
<td style="padding-bottom: 0pt; padding-left: 8.565pt; width: 0pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="min-width: 3.75pt; text-align: right; padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.5pt;">​</td>
<td style="min-width: 24.75pt; text-align: right; padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3.5pt;">54,092</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
</tr>
<tr style="text-align: right; text-transform: none; background-color: #cceeff; font: 10pt/10pt 'times new roman', times, serif; white-space: nowrap; color: #000000; vertical-align: bottom;">
<td style="border-bottom: #cceeff 1px solid; text-align: left; padding-bottom: 2.5pt; padding-left: 0pt; width: 240.34pt; padding-right: 0pt; padding-top: 3.5pt;">
<div style="margin-left: 10pt;">Common stock</div>
</td>
<td style="border-bottom: #cceeff 1px solid; width: 6pt; padding: 0pt;">​</td>
<td style="border-bottom: #cceeff 1px solid; width: 6pt; padding: 0pt;">​</td>
<td style="border-bottom: #cceeff 1px solid; padding-bottom: 0pt; padding-left: 7.35pt; width: 0pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="border-bottom: #000000 1px solid; min-width: 3.75pt; text-align: right; padding-bottom: 2.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.5pt;">​</td>
<td style="border-bottom: #000000 1px solid; min-width: 21pt; text-align: right; padding-bottom: 2.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3.5pt;">19,285</td>
<td style="border-bottom: #cceeff 1px solid; padding-bottom: 0pt; padding-left: 7.35pt; width: 0pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="border-bottom: #cceeff 1px solid; width: 6pt; padding: 0pt;">​</td>
<td style="border-bottom: #cceeff 1px solid; width: 6pt; padding: 0pt;">​</td>
<td style="border-bottom: #cceeff 1px solid; width: 0pt; padding: 0pt;">​</td>
<td style="border-bottom: #000000 1px solid; min-width: 3.75pt; text-align: right; padding-bottom: 2.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.5pt;">​</td>
<td style="border-bottom: #000000 1px solid; min-width: 24.75pt; text-align: right; padding-bottom: 2.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3.5pt;">734</td>
<td style="border-bottom: #cceeff 1px solid; width: 0pt; padding: 0pt;">​</td>
<td style="border-bottom: #cceeff 1px solid; width: 6pt; padding: 0pt;">​</td>
<td style="border-bottom: #cceeff 1px solid; width: 6pt; padding: 0pt;">​</td>
<td style="border-bottom: #cceeff 1px solid; padding-bottom: 0pt; padding-left: 8.565pt; width: 0pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="border-bottom: #000000 1px solid; min-width: 3.75pt; text-align: right; padding-bottom: 2.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.5pt;">​</td>
<td style="border-bottom: #000000 1px solid; min-width: 17.25pt; text-align: right; padding-bottom: 2.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3.5pt;">—</td>
<td style="border-bottom: #cceeff 1px solid; padding-bottom: 0pt; padding-left: 8.565pt; width: 0pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="border-bottom: #cceeff 1px solid; width: 6pt; padding: 0pt;">​</td>
<td style="border-bottom: #cceeff 1px solid; width: 6pt; padding: 0pt;">​</td>
<td style="border-bottom: #cceeff 1px solid; width: 0pt; padding: 0pt;">​</td>
<td style="border-bottom: #000000 1px solid; min-width: 3.75pt; text-align: right; padding-bottom: 2.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.5pt;">​</td>
<td style="border-bottom: #000000 1px solid; min-width: 24.75pt; text-align: right; padding-bottom: 2.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3.5pt;">20,019</td>
<td style="border-bottom: #cceeff 1px solid; width: 0pt; padding:
0pt;">​</td>
<td style="border-bottom: #cceeff 1px solid; width: 0pt; padding: 0pt;">​</td>
</tr>
<tr style="text-align: right; text-transform: none; font: 10pt/10pt 'times new roman', times, serif; white-space: nowrap; color: #000000; vertical-align: bottom;">
<td style="border-bottom: #ffffff 1px solid; text-align: left; padding-bottom: 2.5pt; padding-left: 0pt; width: 240.34pt; padding-right: 0pt; padding-top: 3.25pt;">
<div style="white-space: nowrap;">Total equity securities</div>
</td>
<td style="border-bottom: #ffffff 1px solid; width: 6pt; padding: 0pt;">​</td>
<td style="border-bottom: #ffffff 1px solid; width: 6pt; padding: 0pt;">​</td>
<td style="border-bottom: #ffffff 1px solid; padding-bottom: 0pt; padding-left: 7.35pt; width: 0pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="border-bottom: #000000 1px solid; min-width: 3.75pt; text-align: right; padding-bottom: 2.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.25pt;">​</td>
<td style="border-bottom: #000000 1px solid; min-width: 21pt; text-align: right; padding-bottom: 2.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3.25pt;">19,285</td>
<td style="border-bottom: #ffffff 1px solid; padding-bottom: 0pt; padding-left: 7.35pt; width: 0pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="border-bottom: #ffffff 1px solid; width: 6pt; padding: 0pt;">​</td>
<td style="border-bottom: #ffffff 1px solid; width: 6pt; padding: 0pt;">​</td>
<td style="border-bottom: #ffffff 1px solid; width: 0pt; padding: 0pt;">​</td>
<td style="border-bottom: #000000 1px solid; min-width: 3.75pt; text-align: right; padding-bottom: 2.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.25pt;">​</td>
<td style="border-bottom: #000000 1px solid; min-width: 24.75pt; text-align: right; padding-bottom: 2.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3.25pt;">54,826</td>
<td style="border-bottom: #ffffff 1px solid; width: 0pt; padding: 0pt;">​</td>
<td style="border-bottom: #ffffff 1px solid; width: 6pt; padding: 0pt;">​</td>
<td style="border-bottom: #ffffff 1px solid; width: 6pt; padding: 0pt;">​</td>
<td style="border-bottom: #ffffff 1px solid; padding-bottom: 0pt; padding-left: 8.565pt; width: 0pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="border-bottom: #000000 1px solid; min-width: 3.75pt; text-align: right; padding-bottom: 2.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.25pt;">​</td>
<td style="border-bottom: #000000 1px solid; min-width: 17.25pt; text-align: right; padding-bottom: 2.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3.25pt;">—</td>
<td style="border-bottom: #ffffff 1px solid; padding-bottom: 0pt; padding-left: 8.565pt; width: 0pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="border-bottom: #ffffff 1px solid; width: 6pt; padding: 0pt;">​</td>
<td style="border-bottom: #ffffff 1px solid; width: 6pt; padding: 0pt;">​</td>
<td style="border-bottom: #ffffff 1px solid; width: 0pt; padding: 0pt;">​</td>
<td style="border-bottom: #000000 1px solid; min-width: 3.75pt; text-align: right; padding-bottom: 2.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.25pt;">​</td>
<td style="border-bottom: #000000 1px solid; min-width: 24.75pt; text-align: right; padding-bottom: 2.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3.25pt;">74,111</td>
<td style="border-bottom: #ffffff 1px solid; width: 0pt; padding: 0pt;">​</td>
<td style="border-bottom: #ffffff 1px solid; width: 0pt; padding: 0pt;">​</td>
</tr>
<tr style="text-align: right; text-transform: none; background-color: #cceeff; font: 10pt/10pt 'times new roman', times, serif; white-space: nowrap; color: #000000; vertical-align: bottom;">
<td style="text-align: left; padding-bottom: 3.25pt; padding-left: 0pt; width: 240.34pt; padding-right: 0pt; padding-top: 3.25pt;">
<div style="white-space: nowrap;">Total available-for-sale securities</div>
</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="padding-bottom: 0pt; padding-left: 7.35pt; width: 0pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="border-bottom: #000000 3px double; min-width: 3.75pt; text-align: right; padding-bottom: 2.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.25pt;">$</td>
<td style="border-bottom: #000000 3px double; min-width: 21pt; text-align: right; padding-bottom: 2.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3.25pt;">91,827</td>
<td style="padding-bottom: 0pt; padding-left: 7.35pt; width: 0pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="border-bottom: #000000 3px double; min-width: 3.75pt; text-align: right; padding-bottom: 2.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.25pt;">$</td>
<td style="border-bottom: #000000 3px double; min-width: 24.75pt; text-align: right; padding-bottom: 2.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3.25pt;">876,944</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="padding-bottom: 0pt; padding-left: 8.565pt; width: 0pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="border-bottom: #000000 3px double; min-width: 3.75pt; text-align: right; padding-bottom: 2.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.25pt;">$</td>
<td style="border-bottom: #000000 3px double; min-width: 17.25pt; text-align: right; padding-bottom: 2.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3.25pt;">5,000</td>
<td style="padding-bottom: 0pt; padding-left: 8.565pt; width: 0pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="border-bottom: #000000 3px double; min-width: 3.75pt; text-align: right; padding-bottom: 2.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.25pt;">$</td>
<td style="border-bottom: #000000 3px double; min-width: 24.75pt; text-align: right; padding-bottom: 2.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3.25pt;">973,771</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
</tr>
<tr style="text-align: left; text-transform: none; font: 10pt/10pt 'times new roman', times, serif; white-space: nowrap; color: #000000; vertical-align: bottom;">
<td style="padding-bottom:
1.5pt; padding-left: 0pt; width: 240.34pt; padding-right: 0pt; padding-top: 2.75pt;">Trading securities:</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td colspan="6">​</td>
<td colspan="6">​</td>
<td colspan="6">​</td>
<td colspan="6">​</td>
</tr>
<tr style="text-align: right; text-transform: none; background-color: #cceeff; font: 10pt/10pt 'times new roman', times, serif; white-space: nowrap; color: #000000; vertical-align: bottom;">
<td style="text-align: left; padding-bottom: 3.25pt; padding-left: 0pt; width: 240.34pt; padding-right: 0pt; padding-top: 3.5pt;">
<div style="margin-left: 10pt;">Fixed maturity securities</div>
</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="padding-bottom: 0pt; padding-left: 7.35pt; width: 0pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="border-bottom: #000000 3px double; min-width: 3.75pt; text-align: right; padding-bottom: 2.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.5pt;">$</td>
<td style="border-bottom: #000000 3px double; min-width: 21pt; text-align: right; padding-bottom: 2.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3.5pt;">1,244</td>
<td style="padding-bottom: 0pt; padding-left: 7.35pt; width: 0pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="border-bottom: #000000 3px double; min-width: 3.75pt; text-align: right; padding-bottom: 2.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.5pt;">$</td>
<td style="border-bottom: #000000 3px double; min-width: 24.75pt; text-align: right; padding-bottom: 2.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3.5pt;">3,802</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="padding-bottom: 0pt; padding-left: 8.565pt; width: 0pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="border-bottom: #000000 3px double; min-width: 3.75pt; text-align: right; padding-bottom: 2.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.5pt;">$</td>
<td style="border-bottom: #000000 3px double; min-width: 17.25pt; text-align: right; padding-bottom: 2.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3.5pt;">—</td>
<td style="padding-bottom: 0pt; padding-left: 8.565pt; width: 0pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="border-bottom: #000000 3px double; min-width: 3.75pt; text-align: right; padding-bottom: 2.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.5pt;">$</td>
<td style="border-bottom: #000000 3px double; min-width: 24.75pt; text-align: right; padding-bottom: 2.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3.5pt;">5,046</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
</tr>
<tr style="text-align: right; text-transform: none; font: 10pt/10pt 'times new roman', times, serif; white-space: nowrap; color: #000000; vertical-align: bottom;">
<td style="text-align: left; padding-bottom: 2.75pt; padding-left: 0pt; width: 240.34pt; padding-right: 0pt; padding-top: 2.75pt;">
<div style="white-space: nowrap;">Short-term investments</div>
</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="padding-bottom: 0pt; padding-left: 7.35pt; width: 0pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="border-bottom: #000000 3px double; min-width: 3.75pt; text-align: right; padding-bottom: 2pt; padding-left: 0pt; padding-right: 0pt; padding-top: 2.75pt;">$</td>
<td style="border-bottom: #000000 3px double; min-width: 21pt; text-align: right; padding-bottom: 2pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 2.75pt;">2,926</td>
<td style="padding-bottom: 0pt; padding-left: 7.35pt; width: 0pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="border-bottom: #000000 3px double; min-width: 3.75pt; text-align: right; padding-bottom: 2pt; padding-left: 0pt; padding-right: 0pt; padding-top: 2.75pt;">$</td>
<td style="border-bottom: #000000 3px double; min-width: 24.75pt; text-align: right; padding-bottom: 2pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 2.75pt;">16,344</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="padding-bottom: 0pt; padding-left: 8.565pt; width: 0pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="border-bottom: #000000 3px double; min-width: 3.75pt; text-align: right; padding-bottom: 2pt; padding-left: 0pt; padding-right: 0pt; padding-top: 2.75pt;">$</td>
<td style="border-bottom: #000000 3px double; min-width: 17.25pt; text-align: right; padding-bottom: 2pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 2.75pt;">—</td>
<td style="padding-bottom: 0pt; padding-left: 8.565pt; width: 0pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="border-bottom: #000000 3px double; min-width: 3.75pt; text-align: right; padding-bottom: 2pt; padding-left: 0pt; padding-right: 0pt; padding-top: 2.75pt;">$</td>
<td style="border-bottom: #000000 3px double; min-width: 24.75pt; text-align: right; padding-bottom: 2pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 2.75pt;">19,270</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
</tr>
</table>
<div> </div>
<div> </div>
<div>
<table align="center" style="widows: 1; text-transform: none; margin-top: 8pt; text-indent: 0px; width: 100%; border-collapse: collapse; font: 13px 'times new roman', times, serif; white-space: normal; letter-spacing: normal; height: 349px; color: #000000; word-spacing: 0px; -webkit-text-stroke-width: 0px;" border="0">
<tr style="text-align: left; text-transform: none; font: bold 8pt/8pt 'times new roman', times, serif; white-space: nowrap; color: #000000; vertical-align: bottom;">
<td style="border-bottom: #ffffff 1px solid; padding-bottom: 0.5pt; padding-left: 0pt; width: 240.34pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="border-bottom: #ffffff 1px solid; width: 6pt; padding: 0pt;">​</td>
<td style="border-bottom: #ffffff 1px solid; width: 6pt; padding: 0pt;">​</td>
<td style="border-bottom: #000000 1px solid; text-align: center; padding-bottom: 1.75pt; padding-left: 0pt; width: 0pt; padding-right: 0pt; padding-top: 0pt;" colspan="22">
<div style="text-align: center; white-space: nowrap;">Fair Value Measurements Using</div>
</td>
<td style="border-bottom: #ffffff 1px solid; width: 0pt; padding: 0pt;">​</td>
</tr>
<tr style="text-align: center; text-transform: none; font: bold 8pt/9pt 'times new roman', times, serif; white-space: nowrap; color: #000000; vertical-align: bottom;">
<td style="border-bottom: #ffffff 1px solid; text-align: left; padding-bottom: 0.5pt; padding-left: 0pt; width: 240.34pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="border-bottom: #ffffff 1px solid; width: 6pt; padding: 0pt;">​</td>
<td style="border-bottom: #ffffff 1px solid; width: 6pt; padding: 0pt;">​</td>
<td style="border-bottom: #000000 1px solid; padding-bottom: 1.417pt; padding-left: 0pt; padding-right: 0pt; padding-top: 1.833pt;" colspan="4">
<div style="text-align: center;">Quoted Prices <br />in Active <br />Markets for <br />Identical <br />Assets <br />Level 1</div>
</td>
<td style="border-bottom: #ffffff 1px solid; width: 6pt; padding: 0pt;">​</td>
<td style="border-bottom: #ffffff 1px solid; width: 6pt; padding: 0pt;">​</td>
<td style="border-bottom: #000000 1px solid; padding-bottom: 1.417pt; padding-left: 0pt; padding-right: 0pt; padding-top: 1.833pt;" colspan="4">
<div style="text-align: center;">Significant <br />Other <br />Observable <br />Inputs <br />Level 2</div>
</td>
<td style="border-bottom: #ffffff 1px solid; width: 6pt; padding: 0pt;">​</td>
<td style="border-bottom: #ffffff 1px solid; width: 6pt; padding: 0pt;">​</td>
<td style="border-bottom: #000000 1px solid; padding-bottom: 1.417pt; padding-left: 0pt; padding-right: 0pt; padding-top: 1.833pt;" colspan="4">
<div style="text-align: center;">Significant <br />Unobservable <br />Inputs <br />Level 3</div>
</td>
<td style="border-bottom: #ffffff 1px solid; width: 6pt; padding: 0pt;">​</td>
<td style="border-bottom: #ffffff 1px solid; width: 6pt; padding: 0pt;">​</td>
<td style="border-bottom: #000000 1px solid; padding-bottom: 1.417pt; padding-left: 0pt; padding-right: 0pt; padding-top: 1.833pt;" colspan="4">
<div style="text-align: center; white-space: nowrap;">Total</div>
</td>
<td style="border-bottom: #ffffff 1px solid; width: 0pt; padding: 0pt;">​</td>
</tr>
<tr style="text-align: left; text-transform: none; font: bold italic 8pt/8pt 'times new roman', times, serif; white-space: nowrap; color: #000000; vertical-align: bottom;">
<td style="padding-bottom: 0.5pt; padding-left: 0pt; width: 240.34pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="text-align: center; padding-bottom: 0.5pt; padding-left: 0pt; width: 0pt; padding-right: 0pt; padding-top: 2.5pt;" colspan="22">
<div style="text-align: center; white-space: nowrap;">(in thousands)</div>
</td>
<td style="width: 0pt; padding: 0pt;">​</td>
</tr>
<tr style="text-align: left; text-transform: none; background-color: #cceeff; font: 10pt/10pt 'times new roman', times, serif; white-space: nowrap; color: #000000; vertical-align: bottom;">
<td style="padding-bottom: 0.75pt; padding-left: 0pt; width: 240.34pt; padding-right: 0pt; padding-top: 2.75pt;">Available-for-sale securities</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td colspan="6">​</td>
<td colspan="6">​</td>
<td colspan="6">​</td>
<td colspan="6">​</td>
</tr>
<tr style="text-align: left; text-transform: none; font: 10pt/10pt 'times new roman', times, serif; white-space: nowrap; color: #000000; vertical-align: bottom;">
<td style="padding-bottom: 0.75pt; padding-left: 0pt; width: 240.34pt; padding-right: 0pt; padding-top: 2.75pt;">Fixed maturity securities:</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td colspan="6">​</td>
<td colspan="6">​</td>
<td colspan="6">​</td>
<td colspan="6">​</td>
</tr>
<tr style="text-align: right; text-transform: none; background-color: #cceeff; font: 10pt/10pt 'times new roman', times, serif; white-space: nowrap; color: #000000; vertical-align: bottom;">
<td style="text-align: left; padding-bottom: 0.75pt; padding-left: 0pt; width: 240.34pt; padding-right: 0pt; padding-top: 2.75pt;">
<div style="margin-left: 10pt;">State and municipal</div>
</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="padding-bottom: 0pt; padding-left: 7.35pt; width: 0pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="min-width: 3.75pt; text-align: right; padding-bottom: 0.75pt; padding-left: 0pt; padding-right: 0pt; padding-top: 2.75pt;">$</td>
<td style="min-width: 21pt; text-align: right; padding-bottom: 0.75pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 2.75pt;">—</td>
<td style="padding-bottom: 0pt; padding-left: 7.35pt; width: 0pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="min-width: 3.75pt; text-align: right; padding-bottom: 0.75pt; padding-left: 0pt; padding-right: 0pt; padding-top: 2.75pt;">$</td>
<td style="min-width: 24.75pt; text-align: right; padding-bottom: 0.75pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 2.75pt;">99,046</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="padding-bottom: 0pt; padding-left: 12.42pt; width: 0pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="min-width: 3.75pt; text-align: right; padding-bottom: 0.75pt; padding-left: 0pt; padding-right: 0pt; padding-top: 2.75pt;">$</td>
<td style="min-width: 11.25pt; text-align: right; padding-bottom: 0.75pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 2.75pt;"> —</td>
<td style="padding-bottom: 0pt; padding-left: 12.42pt; width: 0pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="min-width: 3.75pt; text-align: right; padding-bottom: 0.75pt; padding-left: 0pt;
padding-right: 0pt; padding-top: 2.75pt;">$</td>
<td style="min-width: 24.75pt; text-align: right; padding-bottom: 0.75pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 2.75pt;">99,046</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
</tr>
<tr style="text-align: right; text-transform: none; font: 10pt/10pt 'times new roman', times, serif; white-space: nowrap; color: #000000; vertical-align: bottom;">
<td style="text-align: left; padding-bottom: 0.75pt; padding-left: 0pt; width: 240.34pt; padding-right: 0pt; padding-top: 2.75pt;">
<div style="margin-left: 10pt;">Residential mortgage-backed</div>
</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="padding-bottom: 0pt; padding-left: 7.35pt; width: 0pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="min-width: 3.75pt; text-align: right; padding-bottom: 0.75pt; padding-left: 0pt; padding-right: 0pt; padding-top: 2.75pt;">​</td>
<td style="min-width: 21pt; text-align: right; padding-bottom: 0.75pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 2.75pt;">—</td>
<td style="padding-bottom: 0pt; padding-left: 7.35pt; width: 0pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="min-width: 3.75pt; text-align: right; padding-bottom: 0.75pt; padding-left: 0pt; padding-right: 0pt; padding-top: 2.75pt;">​</td>
<td style="min-width: 24.75pt; text-align: right; padding-bottom: 0.75pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 2.75pt;">115,249</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="padding-bottom: 0pt; padding-left: 12.42pt; width: 0pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="min-width: 3.75pt; text-align: right; padding-bottom: 0.75pt; padding-left: 0pt; padding-right: 0pt; padding-top: 2.75pt;">​</td>
<td style="min-width: 11.25pt; text-align: right; padding-bottom: 0.75pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 2.75pt;">—</td>
<td style="padding-bottom: 0pt; padding-left: 12.42pt; width: 0pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="min-width: 3.75pt; text-align: right; padding-bottom: 0.75pt; padding-left: 0pt; padding-right: 0pt; padding-top: 2.75pt;">​</td>
<td style="min-width: 24.75pt; text-align: right; padding-bottom: 0.75pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 2.75pt;">115,249</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
</tr>
<tr style="text-align: right; text-transform: none; background-color: #cceeff; font: 10pt/10pt 'times new roman', times, serif; white-space: nowrap; color: #000000; vertical-align: bottom;">
<td style="text-align: left; padding-bottom: 0.75pt; padding-left: 0pt; width: 240.34pt; padding-right: 0pt; padding-top: 2.75pt;">
<div style="margin-left: 10pt;">Corporate</div>
</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="padding-bottom: 0pt; padding-left: 7.35pt; width: 0pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="min-width: 3.75pt; text-align: right; padding-bottom: 0.75pt; padding-left: 0pt; padding-right: 0pt; padding-top: 2.75pt;">​</td>
<td style="min-width: 21pt; text-align: right; padding-bottom: 0.75pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 2.75pt;">—</td>
<td style="padding-bottom: 0pt; padding-left: 7.35pt; width: 0pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="min-width: 3.75pt; text-align: right; padding-bottom: 0.75pt; padding-left: 0pt; padding-right: 0pt; padding-top: 2.75pt;">​</td>
<td style="min-width: 24.75pt; text-align: right; padding-bottom: 0.75pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 2.75pt;">267,882</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="padding-bottom: 0pt; padding-left: 12.42pt; width: 0pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="min-width: 3.75pt; text-align: right; padding-bottom: 0.75pt; padding-left: 0pt; padding-right: 0pt; padding-top: 2.75pt;">​</td>
<td style="min-width: 11.25pt; text-align: right; padding-bottom: 0.75pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 2.75pt;">—</td>
<td style="padding-bottom: 0pt; padding-left: 12.42pt; width: 0pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="min-width: 3.75pt; text-align: right; padding-bottom: 0.75pt; padding-left: 0pt; padding-right: 0pt; padding-top: 2.75pt;">​</td>
<td style="min-width: 24.75pt; text-align: right; padding-bottom: 0.75pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 2.75pt;">267,882</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
</tr>
<tr style="text-align: right; text-transform: none; font: 10pt/10pt 'times new roman', times, serif; white-space: nowrap; color: #000000; vertical-align: bottom;">
<td style="text-align: left; padding-bottom: 0.75pt; padding-left: 0pt; width: 240.34pt; padding-right: 0pt; padding-top: 2.75pt;">
<div style="margin-left: 10pt;">Commercial mortgage and asset-backed</div>
</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="padding-bottom: 0pt; padding-left: 7.35pt; width: 0pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="min-width: 3.75pt; text-align: right; padding-bottom: 0.75pt; padding-left: 0pt; padding-right: 0pt; padding-top: 2.75pt;">​</td>
<td style="min-width: 21pt; text-align: right; padding-bottom: 0.75pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 2.75pt;">—</td>
<td style="padding-bottom: 0pt; padding-left: 7.35pt; width: 0pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding:
0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="min-width: 3.75pt; text-align: right; padding-bottom: 0.75pt; padding-left: 0pt; padding-right: 0pt; padding-top: 2.75pt;">​</td>
<td style="min-width: 24.75pt; text-align: right; padding-bottom: 0.75pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 2.75pt;">113,341</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="padding-bottom: 0pt; padding-left: 12.42pt; width: 0pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="min-width: 3.75pt; text-align: right; padding-bottom: 0.75pt; padding-left: 0pt; padding-right: 0pt; padding-top: 2.75pt;">​</td>
<td style="min-width: 11.25pt; text-align: right; padding-bottom: 0.75pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 2.75pt;">—</td>
<td style="padding-bottom: 0pt; padding-left: 12.42pt; width: 0pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="min-width: 3.75pt; text-align: right; padding-bottom: 0.75pt; padding-left: 0pt; padding-right: 0pt; padding-top: 2.75pt;">​</td>
<td style="min-width: 24.75pt; text-align: right; padding-bottom: 0.75pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 2.75pt;">113,341</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
</tr>
<tr style="text-align: right; text-transform: none; background-color: #cceeff; font: 10pt/12pt 'times new roman', times, serif; white-space: nowrap; color: #000000; vertical-align: bottom;">
<td style="text-align: left; padding-bottom: 0.5pt; padding-left: 0pt; width: 240.34pt; padding-right: 0pt; white-space: normal; padding-top: 1.417pt;">
<div style="text-indent: -10pt; margin-left: 20pt;">Obligations of U.S. government corporations and agencies</div>
</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="padding-bottom: 0pt; padding-left: 7.35pt; width: 0pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="min-width: 3.75pt; text-align: right; padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 1.417pt;">​</td>
<td style="min-width: 21pt; text-align: right; padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 1.417pt;">—</td>
<td style="padding-bottom: 0pt; padding-left: 7.35pt; width: 0pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="min-width: 3.75pt; text-align: right; padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 1.417pt;">​</td>
<td style="min-width: 24.75pt; text-align: right; padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 1.417pt;">101,275</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="padding-bottom: 0pt; padding-left: 12.42pt; width: 0pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="min-width: 3.75pt; text-align: right; padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 1.417pt;">​</td>
<td style="min-width: 11.25pt; text-align: right; padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 1.417pt;">—</td>
<td style="padding-bottom: 0pt; padding-left: 12.42pt; width: 0pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="min-width: 3.75pt; text-align: right; padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 1.417pt;">​</td>
<td style="min-width: 24.75pt; text-align: right; padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 1.417pt;">101,275</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
</tr>
<tr style="text-align: right; text-transform: none; font: 10pt/12pt 'times new roman', times, serif; white-space: nowrap; color: #000000; vertical-align: bottom;">
<td style="text-align: left; padding-bottom: 0.5pt; padding-left: 0pt; width: 240.34pt; padding-right: 0pt; padding-top: 1.417pt;">
<div style="text-indent: -10pt; margin-left: 20pt;">U.S. Treasury securities and obligations guaranteed by <br />the U.S. government</div>
</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="padding-bottom: 0pt; padding-left: 7.35pt; width: 0pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="min-width: 3.75pt; text-align: right; padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 1.417pt;">​</td>
<td style="min-width: 21pt; text-align: right; padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 1.417pt;">56,891</td>
<td style="padding-bottom: 0pt; padding-left: 7.35pt; width: 0pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="min-width: 3.75pt; text-align: right; padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 1.417pt;">​</td>
<td style="min-width: 24.75pt; text-align: right; padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 1.417pt;">1,378</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="padding-bottom: 0pt; padding-left: 12.42pt; width: 0pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="min-width: 3.75pt; text-align: right; padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 1.417pt;">​</td>
<td style="min-width: 11.25pt; text-align: right; padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 1.417pt;">—</td>
<td style="padding-bottom: 0pt; padding-left: 12.42pt; width: 0pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="min-width: 3.75pt;
text-align: right; padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 1.417pt;">​</td>
<td style="min-width: 24.75pt; text-align: right; padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 1.417pt;">58,269</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
</tr>
<tr style="text-align: right; text-transform: none; background-color: #cceeff; font: 10pt/10pt 'times new roman', times, serif; white-space: nowrap; color: #000000; vertical-align: bottom;">
<td style="border-bottom: #cceeff 1px solid; text-align: left; padding-bottom: 1.75pt; padding-left: 0pt; width: 240.34pt; padding-right: 0pt; padding-top: 2.75pt;">
<div style="margin-left: 10pt;">Redeemable preferred stock</div>
</td>
<td style="border-bottom: #cceeff 1px solid; width: 6pt; padding: 0pt;">​</td>
<td style="border-bottom: #cceeff 1px solid; width: 6pt; padding: 0pt;">​</td>
<td style="border-bottom: #cceeff 1px solid; padding-bottom: 0pt; padding-left: 7.35pt; width: 0pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="border-bottom: #000000 1px solid; min-width: 3.75pt; text-align: right; padding-bottom: 1.75pt; padding-left: 0pt; padding-right: 0pt; padding-top: 2.75pt;">​</td>
<td style="border-bottom: #000000 1px solid; min-width: 21pt; text-align: right; padding-bottom: 1.75pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 2.75pt;">—</td>
<td style="border-bottom: #cceeff 1px solid; padding-bottom: 0pt; padding-left: 7.35pt; width: 0pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="border-bottom: #cceeff 1px solid; width: 6pt; padding: 0pt;">​</td>
<td style="border-bottom: #cceeff 1px solid; width: 6pt; padding: 0pt;">​</td>
<td style="border-bottom: #cceeff 1px solid; width: 0pt; padding: 0pt;">​</td>
<td style="border-bottom: #000000 1px solid; min-width: 3.75pt; text-align: right; padding-bottom: 1.75pt; padding-left: 0pt; padding-right: 0pt; padding-top: 2.75pt;">​</td>
<td style="border-bottom: #000000 1px solid; min-width: 24.75pt; text-align: right; padding-bottom: 1.75pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 2.75pt;">1,901</td>
<td style="border-bottom: #cceeff 1px solid; width: 0pt; padding: 0pt;">​</td>
<td style="border-bottom: #cceeff 1px solid; width: 6pt; padding: 0pt;">​</td>
<td style="border-bottom: #cceeff 1px solid; width: 6pt; padding: 0pt;">​</td>
<td style="border-bottom: #cceeff 1px solid; padding-bottom: 0pt; padding-left: 12.42pt; width: 0pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="border-bottom: #000000 1px solid; min-width: 3.75pt; text-align: right; padding-bottom: 1.75pt; padding-left: 0pt; padding-right: 0pt; padding-top: 2.75pt;">​</td>
<td style="border-bottom: #000000 1px solid; min-width: 11.25pt; text-align: right; padding-bottom: 1.75pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 2.75pt;">—</td>
<td style="border-bottom: #cceeff 1px solid; padding-bottom: 0pt; padding-left: 12.42pt; width: 0pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="border-bottom: #cceeff 1px solid; width: 6pt; padding: 0pt;">​</td>
<td style="border-bottom: #cceeff 1px solid; width: 6pt; padding: 0pt;">​</td>
<td style="border-bottom: #cceeff 1px solid; width: 0pt; padding: 0pt;">​</td>
<td style="border-bottom: #000000 1px solid; min-width: 3.75pt; text-align: right; padding-bottom: 1.75pt; padding-left: 0pt; padding-right: 0pt; padding-top: 2.75pt;">​</td>
<td style="border-bottom: #000000 1px solid; min-width: 24.75pt; text-align: right; padding-bottom: 1.75pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 2.75pt;">1,901</td>
<td style="border-bottom: #cceeff 1px solid; width: 0pt; padding: 0pt;">​</td>
<td style="border-bottom: #cceeff 1px solid; width: 0pt; padding: 0pt;">​</td>
</tr>
<tr style="text-align: right; text-transform: none; font: 10pt/10pt 'times new roman', times, serif; white-space: nowrap; color: #000000; vertical-align: bottom;">
<td style="text-align: left; padding-bottom: 0.75pt; padding-left: 0pt; width: 240.34pt; padding-right: 0pt; padding-top: 2.5pt;">
<div style="white-space: nowrap;">Total fixed maturity securities</div>
</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="padding-bottom: 0pt; padding-left: 7.35pt; width: 0pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="min-width: 3.75pt; text-align: right; padding-bottom: 0.75pt; padding-left: 0pt; padding-right: 0pt; padding-top: 2.5pt;">​</td>
<td style="min-width: 21pt; text-align: right; padding-bottom: 0.75pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 2.5pt;">56,891</td>
<td style="padding-bottom: 0pt; padding-left: 7.35pt; width: 0pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="min-width: 3.75pt; text-align: right; padding-bottom: 0.75pt; padding-left: 0pt; padding-right: 0pt; padding-top: 2.5pt;">​</td>
<td style="min-width: 24.75pt; text-align: right; padding-bottom: 0.75pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 2.5pt;">700,072</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="padding-bottom: 0pt; padding-left: 12.42pt; width: 0pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="min-width: 3.75pt; text-align: right; padding-bottom: 0.75pt; padding-left: 0pt; padding-right: 0pt; padding-top: 2.5pt;">​</td>
<td style="min-width: 11.25pt; text-align: right; padding-bottom: 0.75pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 2.5pt;">—</td>
<td style="padding-bottom: 0pt; padding-left: 12.42pt; width: 0pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="min-width: 3.75pt; text-align: right; padding-bottom: 0.75pt; padding-left: 0pt; padding-right: 0pt; padding-top: 2.5pt;">​</td>
<td style="min-width: 24.75pt; text-align: right; padding-bottom: 0.75pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 2.5pt;">756,963</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
</tr>
<tr style="text-align: left; text-transform: none; background-color: #cceeff; font: 10pt/10pt 'times new roman', times, serif; white-space: nowrap; color:
#000000; vertical-align: bottom;">
<td style="padding-bottom: 0.75pt; padding-left: 0pt; width: 240.34pt; padding-right: 0pt; padding-top: 2.75pt;">Equity securities:</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td colspan="6">​</td>
<td colspan="6">​</td>
<td colspan="6">​</td>
<td colspan="6">​</td>
</tr>
<tr style="text-align: right; text-transform: none; font: 10pt/10pt 'times new roman', times, serif; white-space: nowrap; color: #000000; vertical-align: bottom;">
<td style="text-align: left; padding-bottom: 0.75pt; padding-left: 0pt; width: 240.34pt; padding-right: 0pt; padding-top: 2.75pt;">
<div style="margin-left: 10pt;">Preferred stock</div>
</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="padding-bottom: 0pt; padding-left: 7.35pt; width: 0pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="min-width: 3.75pt; text-align: right; padding-bottom: 0.75pt; padding-left: 0pt; padding-right: 0pt; padding-top: 2.75pt;">​</td>
<td style="min-width: 21pt; text-align: right; padding-bottom: 0.75pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 2.75pt;">—</td>
<td style="padding-bottom: 0pt; padding-left: 7.35pt; width: 0pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="min-width: 3.75pt; text-align: right; padding-bottom: 0.75pt; padding-left: 0pt; padding-right: 0pt; padding-top: 2.75pt;">​</td>
<td style="min-width: 24.75pt; text-align: right; padding-bottom: 0.75pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 2.75pt;">49,601</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="padding-bottom: 0pt; padding-left: 12.42pt; width: 0pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="min-width: 3.75pt; text-align: right; padding-bottom: 0.75pt; padding-left: 0pt; padding-right: 0pt; padding-top: 2.75pt;">​</td>
<td style="min-width: 11.25pt; text-align: right; padding-bottom: 0.75pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 2.75pt;">—</td>
<td style="padding-bottom: 0pt; padding-left: 12.42pt; width: 0pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="min-width: 3.75pt; text-align: right; padding-bottom: 0.75pt; padding-left: 0pt; padding-right: 0pt; padding-top: 2.75pt;">​</td>
<td style="min-width: 24.75pt; text-align: right; padding-bottom: 0.75pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 2.75pt;">49,601</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
</tr>
<tr style="text-align: right; text-transform: none; background-color: #cceeff; font: 10pt/10pt 'times new roman', times, serif; white-space: nowrap; color: #000000; vertical-align: bottom;">
<td style="border-bottom: #cceeff 1px solid; text-align: left; padding-bottom: 1.75pt; padding-left: 0pt; width: 240.34pt; padding-right: 0pt; padding-top: 2.75pt;">
<div style="margin-left: 10pt;">Common stock</div>
</td>
<td style="border-bottom: #cceeff 1px solid; width: 6pt; padding: 0pt;">​</td>
<td style="border-bottom: #cceeff 1px solid; width: 6pt; padding: 0pt;">​</td>
<td style="border-bottom: #cceeff 1px solid; padding-bottom: 0pt; padding-left: 7.35pt; width: 0pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="border-bottom: #000000 1px solid; min-width: 3.75pt; text-align: right; padding-bottom: 1.75pt; padding-left: 0pt; padding-right: 0pt; padding-top: 2.75pt;">​</td>
<td style="border-bottom: #000000 1px solid; min-width: 21pt; text-align: right; padding-bottom: 1.75pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 2.75pt;">17,570</td>
<td style="border-bottom: #cceeff 1px solid; padding-bottom: 0pt; padding-left: 7.35pt; width: 0pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="border-bottom: #cceeff 1px solid; width: 6pt; padding: 0pt;">​</td>
<td style="border-bottom: #cceeff 1px solid; width: 6pt; padding: 0pt;">​</td>
<td style="border-bottom: #cceeff 1px solid; width: 0pt; padding: 0pt;">​</td>
<td style="border-bottom: #000000 1px solid; min-width: 3.75pt; text-align: right; padding-bottom: 1.75pt; padding-left: 0pt; padding-right: 0pt; padding-top: 2.75pt;">​</td>
<td style="border-bottom: #000000 1px solid; min-width: 24.75pt; text-align: right; padding-bottom: 1.75pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 2.75pt;">734</td>
<td style="border-bottom: #cceeff 1px solid; width: 0pt; padding: 0pt;">​</td>
<td style="border-bottom: #cceeff 1px solid; width: 6pt; padding: 0pt;">​</td>
<td style="border-bottom: #cceeff 1px solid; width: 6pt; padding: 0pt;">​</td>
<td style="border-bottom: #cceeff 1px solid; padding-bottom: 0pt; padding-left: 12.42pt; width: 0pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="border-bottom: #000000 1px solid; min-width: 3.75pt; text-align: right; padding-bottom: 1.75pt; padding-left: 0pt; padding-right: 0pt; padding-top: 2.75pt;">​</td>
<td style="border-bottom: #000000 1px solid; min-width: 11.25pt; text-align: right; padding-bottom: 1.75pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 2.75pt;">—</td>
<td style="border-bottom: #cceeff 1px solid; padding-bottom: 0pt; padding-left: 12.42pt; width: 0pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="border-bottom: #cceeff 1px solid; width: 6pt; padding: 0pt;">​</td>
<td style="border-bottom: #cceeff 1px solid; width: 6pt; padding: 0pt;">​</td>
<td style="border-bottom: #cceeff 1px solid; width: 0pt; padding: 0pt;">​</td>
<td style="border-bottom: #000000 1px solid; min-width: 3.75pt; text-align: right; padding-bottom: 1.75pt; padding-left: 0pt; padding-right: 0pt; padding-top: 2.75pt;">​</td>
<td style="border-bottom: #000000 1px solid; min-width: 24.75pt; text-align: right; padding-bottom: 1.75pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 2.75pt;">18,304</td>
<td style="border-bottom: #cceeff 1px solid; width: 0pt; padding: 0pt;">​</td>
<td style="border-bottom: #cceeff 1px solid; width: 0pt; padding: 0pt;">​</td>
</tr>
<tr style="text-align: right; text-transform: none; font: 10pt/10pt 'times new roman', times, serif; white-space: nowrap; color: #000000; vertical-align: bottom;">
<td style="border-bottom: #ffffff 1px solid; text-align: left;
padding-bottom: 1.75pt; padding-left: 0pt; width: 240.34pt; padding-right: 0pt; padding-top: 2.5pt;">
<div style="white-space: nowrap;">Total equity securities</div>
</td>
<td style="border-bottom: #ffffff 1px solid; width: 6pt; padding: 0pt;">​</td>
<td style="border-bottom: #ffffff 1px solid; width: 6pt; padding: 0pt;">​</td>
<td style="border-bottom: #ffffff 1px solid; padding-bottom: 0pt; padding-left: 7.35pt; width: 0pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="border-bottom: #000000 1px solid; min-width: 3.75pt; text-align: right; padding-bottom: 1.75pt; padding-left: 0pt; padding-right: 0pt; padding-top: 2.5pt;">​</td>
<td style="border-bottom: #000000 1px solid; min-width: 21pt; text-align: right; padding-bottom: 1.75pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 2.5pt;">17,570</td>
<td style="border-bottom: #ffffff 1px solid; padding-bottom: 0pt; padding-left: 7.35pt; width: 0pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="border-bottom: #ffffff 1px solid; width: 6pt; padding: 0pt;">​</td>
<td style="border-bottom: #ffffff 1px solid; width: 6pt; padding: 0pt;">​</td>
<td style="border-bottom: #ffffff 1px solid; width: 0pt; padding: 0pt;">​</td>
<td style="border-bottom: #000000 1px solid; min-width: 3.75pt; text-align: right; padding-bottom: 1.75pt; padding-left: 0pt; padding-right: 0pt; padding-top: 2.5pt;">​</td>
<td style="border-bottom: #000000 1px solid; min-width: 24.75pt; text-align: right; padding-bottom: 1.75pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 2.5pt;">50,335</td>
<td style="border-bottom: #ffffff 1px solid; width: 0pt; padding: 0pt;">​</td>
<td style="border-bottom: #ffffff 1px solid; width: 6pt; padding: 0pt;">​</td>
<td style="border-bottom: #ffffff 1px solid; width: 6pt; padding: 0pt;">​</td>
<td style="border-bottom: #ffffff 1px solid; padding-bottom: 0pt; padding-left: 12.42pt; width: 0pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="border-bottom: #000000 1px solid; min-width: 3.75pt; text-align: right; padding-bottom: 1.75pt; padding-left: 0pt; padding-right: 0pt; padding-top: 2.5pt;">​</td>
<td style="border-bottom: #000000 1px solid; min-width: 11.25pt; text-align: right; padding-bottom: 1.75pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 2.5pt;">—</td>
<td style="border-bottom: #ffffff 1px solid; padding-bottom: 0pt; padding-left: 12.42pt; width: 0pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="border-bottom: #ffffff 1px solid; width: 6pt; padding: 0pt;">​</td>
<td style="border-bottom: #ffffff 1px solid; width: 6pt; padding: 0pt;">​</td>
<td style="border-bottom: #ffffff 1px solid; width: 0pt; padding: 0pt;">​</td>
<td style="border-bottom: #000000 1px solid; min-width: 3.75pt; text-align: right; padding-bottom: 1.75pt; padding-left: 0pt; padding-right: 0pt; padding-top: 2.5pt;">​</td>
<td style="border-bottom: #000000 1px solid; min-width: 24.75pt; text-align: right; padding-bottom: 1.75pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 2.5pt;">67,905</td>
<td style="border-bottom: #ffffff 1px solid; width: 0pt; padding: 0pt;">​</td>
<td style="border-bottom: #ffffff 1px solid; width: 0pt; padding: 0pt;">​</td>
</tr>
<tr style="text-align: right; text-transform: none; background-color: #cceeff; font: 10pt/10pt 'times new roman', times, serif; white-space: nowrap; color: #000000; vertical-align: bottom;">
<td style="text-align: left; padding-bottom: 2.5pt; padding-left: 0pt; width: 240.34pt; padding-right: 0pt; padding-top: 2.5pt;">
<div style="white-space: nowrap;">Total available-for-sale securities</div>
</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="padding-bottom: 0pt; padding-left: 7.35pt; width: 0pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="border-bottom: #000000 3px double; min-width: 3.75pt; text-align: right; padding-bottom: 1.75pt; padding-left: 0pt; padding-right: 0pt; padding-top: 2.5pt;">$</td>
<td style="border-bottom: #000000 3px double; min-width: 21pt; text-align: right; padding-bottom: 1.75pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 2.5pt;">74,461</td>
<td style="padding-bottom: 0pt; padding-left: 7.35pt; width: 0pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="border-bottom: #000000 3px double; min-width: 3.75pt; text-align: right; padding-bottom: 1.75pt; padding-left: 0pt; padding-right: 0pt; padding-top: 2.5pt;">$</td>
<td style="border-bottom: #000000 3px double; min-width: 24.75pt; text-align: right; padding-bottom: 1.75pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 2.5pt;">750,407</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="padding-bottom: 0pt; padding-left: 12.42pt; width: 0pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="border-bottom: #000000 3px double; min-width: 3.75pt; text-align: right; padding-bottom: 1.75pt; padding-left: 0pt; padding-right: 0pt; padding-top: 2.5pt;">$</td>
<td style="border-bottom: #000000 3px double; min-width: 11.25pt; text-align: right; padding-bottom: 1.75pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 2.5pt;">—</td>
<td style="padding-bottom: 0pt; padding-left: 12.42pt; width: 0pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="border-bottom: #000000 3px double; min-width: 3.75pt; text-align: right; padding-bottom: 1.75pt; padding-left: 0pt; padding-right: 0pt; padding-top: 2.5pt;">$</td>
<td style="border-bottom: #000000 3px double; min-width: 24.75pt; text-align: right; padding-bottom: 1.75pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 2.5pt;">824,868</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
</tr>
<tr style="text-align: left; text-transform: none; font: 10pt/10pt 'times new roman', times, serif; white-space: nowrap; color: #000000; vertical-align: bottom;">
<td style="padding-bottom: 0.75pt; padding-left: 0pt; width: 240.34pt; padding-right: 0pt; padding-top: 2pt;">Trading securities:</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td colspan="6">​</td>
<td colspan="6">​</td>
<td colspan="6">​</td>
<td colspan="6">​</td>
</tr>
<tr style="text-align: right; text-transform: none;
background-color: #cceeff; font: 10pt/10pt 'times new roman', times, serif; white-space: nowrap; color: #000000; vertical-align: bottom;">
<td style="text-align: left; padding-bottom: 2.5pt; padding-left: 0pt; width: 240.34pt; padding-right: 0pt; padding-top: 2.75pt;">
<div style="margin-left: 10pt;">Fixed maturity securities</div>
</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="padding-bottom: 0pt; padding-left: 7.35pt; width: 0pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="border-bottom: #000000 3px double; min-width: 3.75pt; text-align: right; padding-bottom: 1.75pt; padding-left: 0pt; padding-right: 0pt; padding-top: 2.75pt;">$</td>
<td style="border-bottom: #000000 3px double; min-width: 21pt; text-align: right; padding-bottom: 1.75pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 2.75pt;">—</td>
<td style="padding-bottom: 0pt; padding-left: 7.35pt; width: 0pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="border-bottom: #000000 3px double; min-width: 3.75pt; text-align: right; padding-bottom: 1.75pt; padding-left: 0pt; padding-right: 0pt; padding-top: 2.75pt;">$</td>
<td style="border-bottom: #000000 3px double; min-width: 24.75pt; text-align: right; padding-bottom: 1.75pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 2.75pt;">7,388</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="padding-bottom: 0pt; padding-left: 12.42pt; width: 0pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="border-bottom: #000000 3px double; min-width: 3.75pt; text-align: right; padding-bottom: 1.75pt; padding-left: 0pt; padding-right: 0pt; padding-top: 2.75pt;">$</td>
<td style="border-bottom: #000000 3px double; min-width: 11.25pt; text-align: right; padding-bottom: 1.75pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 2.75pt;">—</td>
<td style="padding-bottom: 0pt; padding-left: 12.42pt; width: 0pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="border-bottom: #000000 3px double; min-width: 3.75pt; text-align: right; padding-bottom: 1.75pt; padding-left: 0pt; padding-right: 0pt; padding-top: 2.75pt;">$</td>
<td style="border-bottom: #000000 3px double; min-width: 24.75pt; text-align: right; padding-bottom: 1.75pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 2.75pt;">7,388</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
</tr>
<tr style="text-align: right; text-transform: none; font: 10pt/10pt 'times new roman', times, serif; white-space: nowrap; color: #000000; vertical-align: bottom;">
<td style="text-align: left; padding-bottom: 2.75pt; padding-left: 0pt; width: 240.34pt; padding-right: 0pt; padding-top: 2pt;">
<div style="white-space: nowrap;">Short-term investments</div>
</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="padding-bottom: 0pt; padding-left: 7.35pt; width: 0pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="border-bottom: #000000 3px double; min-width: 3.75pt; text-align: right; padding-bottom: 2pt; padding-left: 0pt; padding-right: 0pt; padding-top: 2pt;">$</td>
<td style="border-bottom: #000000 3px double; min-width: 21pt; text-align: right; padding-bottom: 2pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 2pt;">58,507</td>
<td style="padding-bottom: 0pt; padding-left: 7.35pt; width: 0pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="border-bottom: #000000 3px double; min-width: 3.75pt; text-align: right; padding-bottom: 2pt; padding-left: 0pt; padding-right: 0pt; padding-top: 2pt;">$</td>
<td style="border-bottom: #000000 3px double; min-width: 24.75pt; text-align: right; padding-bottom: 2pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 2pt;">73,349</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="padding-bottom: 0pt; padding-left: 12.42pt; width: 0pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="border-bottom: #000000 3px double; min-width: 3.75pt; text-align: right; padding-bottom: 2pt; padding-left: 0pt; padding-right: 0pt; padding-top: 2pt;">$</td>
<td style="border-bottom: #000000 3px double; min-width: 11.25pt; text-align: right; padding-bottom: 2pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 2pt;">—</td>
<td style="padding-bottom: 0pt; padding-left: 12.42pt; width: 0pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="border-bottom: #000000 3px double; min-width: 3.75pt; text-align: right; padding-bottom: 2pt; padding-left: 0pt; padding-right: 0pt; padding-top: 2pt;">$</td>
<td style="border-bottom: #000000 3px double; min-width: 24.75pt; text-align: right; padding-bottom: 2pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 2pt;">131,856</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
</tr>
</table>
</div>
<div> </div>
<table align="center" style="widows: 1; text-transform: none; text-indent: 0px; width: 100%; border-collapse: collapse; font: 13px 'times new roman', times, serif; white-space: normal; letter-spacing: normal; height: 258px; color: #000000; word-spacing: 0px; -webkit-text-stroke-width: 0px;" border="0">
<tr style="text-align: left; text-transform: none; font: bold 8pt/8pt 'times new roman', times, serif; white-space: nowrap; color: #000000; vertical-align: bottom;">
<td style="border-bottom: #ffffff 1px solid; padding-bottom: 0.5pt; padding-left: 0pt; width: 257.17pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="border-bottom: #ffffff 1px solid; width: 6pt; padding: 0pt;">​</td>
<td style="border-bottom: #ffffff 1px solid; width: 6pt; padding: 0pt;">​</td>
<td style="border-bottom: #000000 1px solid; text-align: center; padding-bottom: 2.5pt; padding-left: 0pt; width: 0pt; padding-right: 0pt; padding-top: 0pt;" colspan="22">
<div style="text-align: center; white-space: nowrap;">December 31,</div>
</td>
<td style="border-bottom: #ffffff 1px solid; width: 0pt; padding: 0pt;">​</td>
</tr>
<tr style="text-align: center; text-transform: none; font: bold 8pt/8pt 'times new roman', times, serif; white-space: nowrap; color: #000000; vertical-align: bottom;">
<td style="border-bottom: #ffffff 1px solid; text-align: left; padding-bottom: 0.5pt; padding-left: 0pt; width: 257.17pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="border-bottom: #ffffff 1px solid; width: 6pt; padding: 0pt;">​</td>
<td style="border-bottom: #ffffff 1px solid; width: 6pt; padding: 0pt;">​</td>
<td style="border-bottom: #000000 1px solid; padding-bottom: 2.5pt; padding-left: 0pt; width: 0pt; padding-right: 0pt; padding-top: 3.25pt;" colspan="10">
<div style="text-align: center; white-space: nowrap;">2015</div>
</td>
<td style="border-bottom: #ffffff 1px solid; width: 6pt; padding: 0pt;">​</td>
<td style="border-bottom: #ffffff 1px solid; width: 6pt; padding: 0pt;">​</td>
<td style="border-bottom: #000000 1px solid; padding-bottom: 2.5pt; padding-left: 0pt; width: 0pt; padding-right: 0pt; padding-top: 3.25pt;" colspan="10">
<div style="text-align: center; white-space: nowrap;">2014</div>
</td>
<td style="border-bottom: #ffffff 1px solid; width: 0pt; padding: 0pt;">​</td>
</tr>
<tr style="text-align: center; text-transform: none; font: bold 8pt/9pt 'times new roman', times, serif; white-space: nowrap; color: #000000; vertical-align: bottom;">
<td style="border-bottom: #ffffff 1px solid; text-align: left; padding-bottom: 0.5pt; padding-left: 0pt; width: 257.17pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="border-bottom: #ffffff 1px solid; width: 6pt; padding: 0pt;">​</td>
<td style="border-bottom: #ffffff 1px solid; width: 6pt; padding: 0pt;">​</td>
<td style="border-bottom: #000000 1px solid; padding-bottom: 2.167pt; padding-left: 0pt; padding-right: 0pt; padding-top: 2.583pt;" colspan="4">
<div style="text-align: center;">Carrying <br />Value</div>
</td>
<td style="border-bottom: #ffffff 1px solid; width: 6pt; padding: 0pt;">​</td>
<td style="border-bottom: #ffffff 1px solid; width: 6pt; padding: 0pt;">​</td>
<td style="border-bottom: #000000 1px solid; padding-bottom: 2.167pt; padding-left: 0pt; padding-right: 0pt; padding-top: 2.583pt;" colspan="4">
<div style="text-align: center;">Fair <br />Value</div>
</td>
<td style="border-bottom: #ffffff 1px solid; width: 6pt; padding: 0pt;">​</td>
<td style="border-bottom: #ffffff 1px solid; width: 6pt; padding: 0pt;">​</td>
<td style="border-bottom: #000000 1px solid; padding-bottom: 2.167pt; padding-left: 0pt; padding-right: 0pt; padding-top: 2.583pt;" colspan="4">
<div style="text-align: center;">Carrying <br />Value</div>
</td>
<td style="border-bottom: #ffffff 1px solid; width: 6pt; padding: 0pt;">​</td>
<td style="border-bottom: #ffffff 1px solid; width: 6pt; padding: 0pt;">​</td>
<td style="border-bottom: #000000 1px solid; padding-bottom: 2.167pt; padding-left: 0pt; padding-right: 0pt; padding-top: 2.583pt;" colspan="4">
<div style="text-align: center;">Fair <br />Value</div>
</td>
<td style="border-bottom: #ffffff 1px solid; width: 0pt; padding: 0pt;">​</td>
</tr>
<tr style="text-align: left; text-transform: none; font: bold italic 8pt/8pt 'times new roman', times, serif; white-space: nowrap; color: #000000; vertical-align: bottom;">
<td style="padding-bottom: 0.5pt; padding-left: 0pt; width: 257.17pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="text-align: center; padding-bottom: 1.5pt; padding-left: 0pt; width: 0pt; padding-right: 0pt; padding-top: 3.25pt;" colspan="22">
<div style="text-align: center; white-space: nowrap;">(in thousands)</div>
</td>
<td style="width: 0pt; padding: 0pt;">​</td>
</tr>
<tr style="text-align: left; text-transform: none; background-color: #cceeff; font: bold 10pt/10pt 'times new roman', times, serif; white-space: nowrap; color: #000000; vertical-align: bottom;">
<td style="padding-bottom: 1.5pt; padding-left: 0pt; width: 257.17pt; padding-right: 0pt; padding-top: 3.5pt;">Assets</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td colspan="6">​</td>
<td colspan="6">​</td>
<td colspan="6">​</td>
<td colspan="6">​</td>
</tr>
<tr style="text-align: left; text-transform: none; font: 10pt/10pt 'times new roman', times, serif; white-space: nowrap; color: #000000; vertical-align: bottom;">
<td style="padding-bottom: 1.5pt; padding-left: 0pt; width: 257.17pt; padding-right: 0pt; padding-top: 3.5pt;">Available-for-sale:</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td colspan="6">​</td>
<td colspan="6">​</td>
<td colspan="6">​</td>
<td colspan="6">​</td>
</tr>
<tr style="text-align: right; text-transform: none; background-color: #cceeff; font: 10pt/10pt 'times new roman', times, serif; white-space: nowrap; color: #000000; vertical-align: bottom;">
<td style="text-align: left; padding-bottom: 1.5pt; padding-left: 0pt; width: 257.17pt; padding-right: 0pt; padding-top: 3.5pt;">
<div style="margin-left: 10pt;">Fixed maturity securities</div>
</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="min-width: 3.75pt; text-align: right; padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.5pt;">$</td>
<td style="min-width: 24.75pt; text-align: right; padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3.5pt;">899,660</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td
style="width: 0pt; padding: 0pt;">​</td>
<td style="min-width: 3.75pt; text-align: right; padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.5pt;">$</td>
<td style="min-width: 24.75pt; text-align: right; padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3.5pt;">899,660</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="min-width: 3.75pt; text-align: right; padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.5pt;">$</td>
<td style="min-width: 24.75pt; text-align: right; padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3.5pt;">756,963</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="min-width: 3.75pt; text-align: right; padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.5pt;">$</td>
<td style="min-width: 24.75pt; text-align: right; padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3.5pt;">756,963</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
</tr>
<tr style="text-align: right; text-transform: none; font: 10pt/10pt 'times new roman', times, serif; white-space: nowrap; color: #000000; vertical-align: bottom;">
<td style="text-align: left; padding-bottom: 1.5pt; padding-left: 0pt; width: 257.17pt; padding-right: 0pt; padding-top: 3.5pt;">
<div style="margin-left: 10pt;">Equity securities</div>
</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="min-width: 3.75pt; text-align: right; padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.5pt;">​</td>
<td style="min-width: 24.75pt; text-align: right; padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3.5pt;">74,111</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="min-width: 3.75pt; text-align: right; padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.5pt;">​</td>
<td style="min-width: 24.75pt; text-align: right; padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3.5pt;">74,111</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="min-width: 3.75pt; text-align: right; padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.5pt;">​</td>
<td style="min-width: 24.75pt; text-align: right; padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3.5pt;">67,905</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="min-width: 3.75pt; text-align: right; padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.5pt;">​</td>
<td style="min-width: 24.75pt; text-align: right; padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3.5pt;">67,905</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
</tr>
<tr style="text-align: left; text-transform: none; background-color: #cceeff; font: 10pt/10pt 'times new roman', times, serif; white-space: nowrap; color: #000000; vertical-align: bottom;">
<td style="padding-bottom: 1.5pt; padding-left: 0pt; width: 257.17pt; padding-right: 0pt; padding-top: 3.5pt;">Trading:</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td colspan="6">​</td>
<td colspan="6">​</td>
<td colspan="6">​</td>
<td colspan="6">​</td>
</tr>
<tr style="text-align: right; text-transform: none; font: 10pt/10pt 'times new roman', times, serif; white-space: nowrap; color: #000000; vertical-align: bottom;">
<td style="text-align: left; padding-bottom: 1.5pt; padding-left: 0pt; width: 257.17pt; padding-right: 0pt; padding-top: 3.5pt;">
<div style="margin-left: 10pt;">Fixed maturity securities</div>
</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="min-width: 3.75pt; text-align: right; padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.5pt;">​</td>
<td style="min-width: 24.75pt; text-align: right; padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3.5pt;">5,046</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="min-width: 3.75pt; text-align: right; padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.5pt;">​</td>
<td style="min-width: 24.75pt; text-align: right; padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3.5pt;">5,046</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="min-width: 3.75pt; text-align: right; padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.5pt;">​</td>
<td style="min-width: 24.75pt; text-align: right; padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3.5pt;">7,388</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="min-width: 3.75pt; text-align: right; padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.5pt;">​</td>
<td style="min-width: 24.75pt; text-align: right; padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3.5pt;">7,388</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
</tr>
<tr style="text-align: right; text-transform: none; background-color: #cceeff;
font: 10pt/10pt 'times new roman', times, serif; white-space: nowrap; color: #000000; vertical-align: bottom;">
<td style="text-align: left; padding-bottom: 1.5pt; padding-left: 0pt; width: 257.17pt; padding-right: 0pt; padding-top: 3.5pt;">
<div style="white-space: nowrap;">Bank loan participations held-for-investment</div>
</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="min-width: 3.75pt; text-align: right; padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.5pt;">​</td>
<td style="min-width: 24.75pt; text-align: right; padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3.5pt;">191,700</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="min-width: 3.75pt; text-align: right; padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.5pt;">​</td>
<td style="min-width: 24.75pt; text-align: right; padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3.5pt;">180,086</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="min-width: 3.75pt; text-align: right; padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.5pt;">​</td>
<td style="min-width: 24.75pt; text-align: right; padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3.5pt;">239,511</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="min-width: 3.75pt; text-align: right; padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.5pt;">​</td>
<td style="min-width: 24.75pt; text-align: right; padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3.5pt;">231,251</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
</tr>
<tr style="text-align: right; text-transform: none; font: 10pt/10pt 'times new roman', times, serif; white-space: nowrap; color: #000000; vertical-align: bottom;">
<td style="text-align: left; padding-bottom: 1.5pt; padding-left: 0pt; width: 257.17pt; padding-right: 0pt; padding-top: 3.5pt;">
<div style="white-space: nowrap;">Cash and cash equivalents</div>
</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="min-width: 3.75pt; text-align: right; padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.5pt;">​</td>
<td style="min-width: 24.75pt; text-align: right; padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3.5pt;">106,406</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="min-width: 3.75pt; text-align: right; padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.5pt;">​</td>
<td style="min-width: 24.75pt; text-align: right; padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3.5pt;">106,406</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="min-width: 3.75pt; text-align: right; padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.5pt;">​</td>
<td style="min-width: 24.75pt; text-align: right; padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3.5pt;">73,383</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="min-width: 3.75pt; text-align: right; padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.5pt;">​</td>
<td style="min-width: 24.75pt; text-align: right; padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3.5pt;">73,383</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
</tr>
<tr style="text-align: right; text-transform: none; background-color: #cceeff; font: 10pt/10pt 'times new roman', times, serif; white-space: nowrap; color: #000000; vertical-align: bottom;">
<td style="text-align: left; padding-bottom: 1.5pt; padding-left: 0pt; width: 257.17pt; padding-right: 0pt; padding-top: 3.5pt;">
<div style="white-space: nowrap;">Short-term investments</div>
</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="min-width: 3.75pt; text-align: right; padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.5pt;">​</td>
<td style="min-width: 24.75pt; text-align: right; padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3.5pt;">19,270</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="min-width: 3.75pt; text-align: right; padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.5pt;">​</td>
<td style="min-width: 24.75pt; text-align: right; padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3.5pt;">19,270</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="min-width: 3.75pt; text-align: right; padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.5pt;">​</td>
<td style="min-width: 24.75pt; text-align: right; padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3.5pt;">131,856</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width:
0pt; padding: 0pt;">​</td>
<td style="min-width: 3.75pt; text-align: right; padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.5pt;">​</td>
<td style="min-width: 24.75pt; text-align: right; padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3.5pt;">131,856</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
</tr>
<tr style="text-align: right; text-transform: none; font: 10pt/10pt 'times new roman', times, serif; white-space: nowrap; color: #000000; vertical-align: bottom;">
<td style="text-align: left; padding-bottom: 1.5pt; padding-left: 0pt; width: 257.17pt; padding-right: 0pt; padding-top: 3.5pt;">
<div style="white-space: nowrap;">Other invested assets – notes receivable</div>
</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="min-width: 3.75pt; text-align: right; padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.5pt;">​</td>
<td style="min-width: 24.75pt; text-align: right; padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3.5pt;">11,000</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="min-width: 3.75pt; text-align: right; padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.5pt;">​</td>
<td style="min-width: 24.75pt; text-align: right; padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3.5pt;">12,548</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="min-width: 3.75pt; text-align: right; padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.5pt;">​</td>
<td style="min-width: 24.75pt; text-align: right; padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3.5pt;">4,500</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="min-width: 3.75pt; text-align: right; padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.5pt;">​</td>
<td style="min-width: 24.75pt; text-align: right; padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3.5pt;">6,410</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
</tr>
<tr style="text-align: left; text-transform: none; background-color: #cceeff; font: bold 10pt/10pt 'times new roman', times, serif; white-space: nowrap; color: #000000; vertical-align: bottom;">
<td style="padding-bottom: 1.5pt; padding-left: 0pt; width: 257.17pt; padding-right: 0pt; padding-top: 9.5pt;">Liabilities</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td colspan="6">​</td>
<td colspan="6">​</td>
<td colspan="6">​</td>
<td colspan="6">​</td>
</tr>
<tr style="text-align: right; text-transform: none; font: 10pt/10pt 'times new roman', times, serif; white-space: nowrap; color: #000000; vertical-align: bottom;">
<td style="text-align: left; padding-bottom: 1.5pt; padding-left: 0pt; width: 257.17pt; padding-right: 0pt; padding-top: 3.5pt;">
<div style="white-space: nowrap;">Senior debt</div>
</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="min-width: 3.75pt; text-align: right; padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.5pt;">​</td>
<td style="min-width: 24.75pt; text-align: right; padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3.5pt;">88,300</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="min-width: 3.75pt; text-align: right; padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.5pt;">​</td>
<td style="min-width: 24.75pt; text-align: right; padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3.5pt;">79,539</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="min-width: 3.75pt; text-align: right; padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.5pt;">​</td>
<td style="min-width: 24.75pt; text-align: right; padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3.5pt;">88,300</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="min-width: 3.75pt; text-align: right; padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.5pt;">​</td>
<td style="min-width: 24.75pt; text-align: right; padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3.5pt;">79,850</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
</tr>
<tr style="text-align: right; text-transform: none; background-color: #cceeff; font: 10pt/10pt 'times new roman', times, serif; white-space: nowrap; color: #000000; vertical-align: bottom;">
<td style="text-align: left; padding-bottom: 1.5pt; padding-left: 0pt; width: 257.17pt; padding-right: 0pt; padding-top: 3.5pt;">
<div style="white-space: nowrap;">Junior subordinated debt</div>
</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="min-width: 3.75pt; text-align: right; padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.5pt;">​</td>
<td style="min-width: 24.75pt; text-align: right; padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3.5pt;">104,055</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td
style="min-width: 3.75pt; text-align: right; padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.5pt;">​</td>
<td style="min-width: 24.75pt; text-align: right; padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3.5pt;">84,594</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="min-width: 3.75pt; text-align: right; padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.5pt;">​</td>
<td style="min-width: 24.75pt; text-align: right; padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3.5pt;">104,055</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="min-width: 3.75pt; text-align: right; padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.5pt;">​</td>
<td style="min-width: 24.75pt; text-align: right; padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3.5pt;">89,100</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
</tr>
</table>
<table align="center" style="widows: 1; text-transform: none; text-indent: 0px; width: 100%; border-collapse: collapse; font: 13px 'times new roman', times, serif; white-space: normal; letter-spacing: normal; height: 96px; color: #000000; word-spacing: 0px; -webkit-text-stroke-width: 0px;" border="0">
<tr style="text-align: center; text-transform: none; font: bold 8pt/9pt 'times new roman', times, serif; white-space: nowrap; color: #000000; vertical-align: bottom;">
<td style="border-bottom: #ffffff 1px solid; width: 0pt; padding: 0pt;">​</td>
<td style="border-bottom: #000000 1px solid; padding-bottom: 1.167pt; padding-left: 0pt; width: 135.75pt; padding-right: 0pt; padding-top: 0pt;">
<div style="text-align: center;">Date of <br />Declaration</div>
</td>
<td style="border-bottom: #ffffff 1px solid; width: 6pt; padding: 0pt;">​</td>
<td style="border-bottom: #ffffff 1px solid; width: 6pt; padding: 0pt;">​</td>
<td style="border-bottom: #000000 1px solid; padding-bottom: 1.167pt; padding-left: 0pt; padding-right: 0pt; padding-top: 0pt;" colspan="4">
<div style="text-align: center;">Dividend per <br />Common Share</div>
</td>
<td style="border-bottom: #ffffff 1px solid; width: 6pt; padding: 0pt;">​</td>
<td style="border-bottom: #ffffff 1px solid; width: 6pt; padding: 0pt;">​</td>
<td style="border-bottom: #000000 1px solid; padding-bottom: 1.167pt; padding-left: 0pt; width: 82.81pt; padding-right: 0pt; padding-top: 0pt;">
<div style="text-align: center;">Payable to Shareholders <br />of Record on</div>
</td>
<td style="border-bottom: #ffffff 1px solid; width: 6pt; padding: 0pt;">​</td>
<td style="border-bottom: #ffffff 1px solid; width: 6pt; padding: 0pt;">​</td>
<td style="border-bottom: #000000 1px solid; padding-bottom: 1.167pt; padding-left: 0pt; width: 82.81pt; padding-right: 0pt; padding-top: 0pt;">
<div style="text-align: center; white-space: nowrap;">Payment Date</div>
</td>
<td style="border-bottom: #ffffff 1px solid; width: 6pt; padding: 0pt;">​</td>
<td style="border-bottom: #ffffff 1px solid; width: 6pt; padding: 0pt;">​</td>
<td style="border-bottom: #000000 1px solid; padding-bottom: 1.167pt; padding-left: 0pt; width: 55.3pt; padding-right: 0pt; padding-top: 0pt;">
<div style="text-align: center; white-space: nowrap;">Total Amount</div>
</td>
<td style="border-bottom: #ffffff 1px solid; width: 0pt; padding: 0pt;">​</td>
</tr>
<tr style="text-align: left; text-transform: none; background-color: #cceeff; font: 10pt/10pt 'times new roman', times, serif; white-space: nowrap; color: #000000; vertical-align: bottom;">
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="padding-bottom: 0.5pt; padding-left: 0pt; width: 135.75pt; padding-right: 0pt; padding-top: 2.25pt;">
<div style="white-space: nowrap;">February 17, 2015</div>
</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="padding-bottom: 0pt; padding-left: 14.31pt; width: 0pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="min-width: 3.75pt; text-align: right; padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 2.25pt;">$</td>
<td style="min-width: 13.5pt; text-align: right; padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 2.25pt;">0.16</td>
<td style="padding-bottom: 0pt; padding-left: 14.31pt; width: 0pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="padding-bottom: 0.5pt; padding-left: 0pt; width: 82.81pt; padding-right: 0pt; padding-top: 2.25pt;">March 16, 2015</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="padding-bottom: 0.5pt; padding-left: 0pt; width: 82.81pt; padding-right: 0pt; padding-top: 2.25pt;">March 31, 2015</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="text-align: right; padding-bottom: 0.5pt; padding-left: 0pt; width: 55.3pt; padding-right: 0.5pt; padding-top: 2.25pt;">
<div style="text-align: right; white-space: nowrap;">$4.6 million​</div>
</td>
<td style="width: 0pt; padding: 0pt;">​</td>
</tr>
<tr style="text-align: left; text-transform: none; font: 10pt/10pt 'times new roman', times, serif; white-space: nowrap; color: #000000; vertical-align: bottom;">
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="padding-bottom: 0.5pt; padding-left: 0pt; width: 135.75pt; padding-right: 0pt; padding-top: 2.5pt;">
<div style="white-space: nowrap;">May 5, 2015</div>
</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="padding-bottom: 0pt; padding-left: 14.31pt; width: 0pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="min-width: 3.75pt; text-align: right; padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 2.5pt;">$</td>
<td style="min-width: 13.5pt; text-align: right; padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 2.5pt;">0.16</td>
<td style="padding-bottom: 0pt; padding-left: 14.31pt; width: 0pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="padding-bottom: 0.5pt; padding-left: 0pt; width: 82.81pt; padding-right: 0pt; padding-top: 2.5pt;">June 15, 2015</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="padding-bottom: 0.5pt; padding-left: 0pt; width: 82.81pt; padding-right: 0pt; padding-top: 2.5pt;">June 30, 2015</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="text-align: right; padding-bottom: 0.5pt; padding-left: 0pt; width: 55.3pt; padding-right: 0.5pt; padding-top: 2.5pt;">
<div style="text-align: right; white-space: nowrap;">$4.6 million​</div>
</td>
<td style="width: 0pt; padding: 0pt;">​</td>
</tr>
<tr style="text-align: left; text-transform: none; background-color: #cceeff; font: 10pt/10pt 'times new roman', times, serif; white-space: nowrap; color: #000000; vertical-align: bottom;">
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="padding-bottom: 0.5pt; padding-left: 0pt; width: 135.75pt; padding-right: 0pt; padding-top: 2.5pt;">
<div style="white-space: nowrap;">August 5, 2015</div>
</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="padding-bottom: 0pt; padding-left: 14.31pt; width: 0pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="min-width: 3.75pt; text-align: right; padding-bottom: 0.5pt; padding-left: 0pt;
padding-right: 0pt; padding-top: 2.5pt;">$</td>
<td style="min-width: 13.5pt; text-align: right; padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 2.5pt;">0.16</td>
<td style="padding-bottom: 0pt; padding-left: 14.31pt; width: 0pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="padding-bottom: 0.5pt; padding-left: 0pt; width: 82.81pt; padding-right: 0pt; padding-top: 2.5pt;">
<div style="white-space: nowrap;">September 14, 2015</div>
</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="padding-bottom: 0.5pt; padding-left: 0pt; width: 82.81pt; padding-right: 0pt; padding-top: 2.5pt;">
<div style="white-space: nowrap;">September 30, 2015</div>
</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="text-align: right; padding-bottom: 0.5pt; padding-left: 0pt; width: 55.3pt; padding-right: 0.5pt; padding-top: 2.5pt;">
<div style="text-align: right; white-space: nowrap;">$4.7 million​</div>
</td>
<td style="width: 0pt; padding: 0pt;">​</td>
</tr>
<tr style="text-align: left; text-transform: none; font: 10pt/10pt 'times new roman', times, serif; white-space: nowrap; color: #000000; vertical-align: bottom;">
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="padding-bottom: 0.5pt; padding-left: 0pt; width: 135.75pt; padding-right: 0pt; padding-top: 2.5pt;">
<div style="white-space: nowrap;">November 3, 2015</div>
</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="padding-bottom: 0pt; padding-left: 14.31pt; width: 0pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="min-width: 3.75pt; text-align: right; padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 2.5pt;">$</td>
<td style="min-width: 13.5pt; text-align: right; padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 2.5pt;">0.16</td>
<td style="padding-bottom: 0pt; padding-left: 14.31pt; width: 0pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="padding-bottom: 0.5pt; padding-left: 0pt; width: 82.81pt; padding-right: 0pt; padding-top: 2.5pt;">
<div style="white-space: nowrap;">December 14, 2015</div>
</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="padding-bottom: 0.5pt; padding-left: 0pt; width: 82.81pt; padding-right: 0pt; padding-top: 2.5pt;">
<div style="white-space: nowrap;">December 28, 2015</div>
</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="text-align: right; padding-bottom: 0.5pt; padding-left: 0pt; width: 55.3pt; padding-right: 0.5pt; padding-top: 2.5pt;">
<div style="text-align: right; white-space: nowrap;">$4.7 million​</div>
</td>
<td style="width: 0pt; padding: 0pt;">​</td>
</tr>
<tr style="text-align: left; text-transform: none; background-color: #cceeff; font: 10pt/10pt 'times new roman', times, serif; white-space: nowrap; color: #000000; vertical-align: bottom;">
<td style="border-bottom: #cceeff 1px solid; width: 0pt; padding: 0pt;">​</td>
<td style="border-bottom: #cceeff 1px solid; padding-bottom: 1.5pt; padding-left: 0pt; width: 135.75pt; padding-right: 0pt; padding-top: 2.5pt;">
<div style="white-space: nowrap;">November 3, 2015</div>
</td>
<td style="border-bottom: #cceeff 1px solid; width: 6pt; padding: 0pt;">​</td>
<td style="border-bottom: #cceeff 1px solid; width: 6pt; padding: 0pt;">​</td>
<td style="border-bottom: #cceeff 1px solid; padding-bottom: 0pt; padding-left: 14.31pt; width: 0pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="border-bottom: #000000 1px solid; min-width: 3.75pt; text-align: right; padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 2.5pt;">$</td>
<td style="border-bottom: #000000 1px solid; min-width: 13.5pt; text-align: right; padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 2.5pt;">1.00</td>
<td style="border-bottom: #cceeff 1px solid; padding-bottom: 0pt; padding-left: 14.31pt; width: 0pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="border-bottom: #cceeff 1px solid; width: 6pt; padding: 0pt;">​</td>
<td style="border-bottom: #cceeff 1px solid; width: 6pt; padding: 0pt;">​</td>
<td style="border-bottom: #cceeff 1px solid; padding-bottom: 1.5pt; padding-left: 0pt; width: 82.81pt; padding-right: 0pt; padding-top: 2.5pt;">
<div style="white-space: nowrap;">December 14, 2015</div>
</td>
<td style="border-bottom: #cceeff 1px solid; width: 6pt; padding: 0pt;">​</td>
<td style="border-bottom: #cceeff 1px solid; width: 6pt; padding: 0pt;">​</td>
<td style="border-bottom: #cceeff 1px solid; padding-bottom: 1.5pt; padding-left: 0pt; width: 82.81pt; padding-right: 0pt; padding-top: 2.5pt;">
<div style="white-space: nowrap;">December 28, 2015</div>
</td>
<td style="border-bottom: #cceeff 1px solid; width: 6pt; padding: 0pt;">​</td>
<td style="border-bottom: #cceeff 1px solid; width: 6pt; padding: 0pt;">​</td>
<td style="border-bottom: #000000 1px solid; text-align: right; padding-bottom: 1.5pt; padding-left: 0pt; width: 55.3pt; padding-right: 0.5pt; padding-top: 2.5pt;">
<div style="text-align: right; white-space: nowrap;">$29.2 million​</div>
</td>
<td style="border-bottom: #cceeff 1px solid; width: 0pt; padding: 0pt;">​</td>
</tr>
<tr style="text-align: right; text-transform: none; font: 10pt/10pt 'times new roman', times, serif; white-space: nowrap; color: #000000; vertical-align: bottom;">
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="text-align: left; padding-bottom: 2.75pt; padding-left: 0pt; width: 135.75pt; padding-right: 0pt; padding-top: 2.25pt;">
<div style="white-space: nowrap;">Total</div>
</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="padding-bottom: 0pt; padding-left: 14.31pt; width: 0pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="border-bottom: #000000 3px double; min-width: 3.75pt; text-align: right; padding-bottom: 2pt; padding-left: 0pt; padding-right: 0pt; padding-top: 2.25pt;">$</td>
<td style="border-bottom: #000000 3px double; min-width: 13.5pt; text-align: right; padding-bottom: 2pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 2.25pt;">1.64</td>
<td style="padding-bottom: 0pt; padding-left: 14.31pt; width: 0pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="width: 6pt;
padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="padding-bottom: 0.75pt; padding-left: 0pt; width: 82.81pt; padding-right: 0.5pt; padding-top: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="padding-bottom: 0.75pt; padding-left: 0pt; width: 82.81pt; padding-right: 0.5pt; padding-top: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="border-bottom: #000000 3px double; padding-bottom: 2pt; padding-left: 0pt; width: 55.3pt; padding-right: 0.5pt; padding-top: 2.25pt;">
<div style="text-align: right; white-space: nowrap;">$47.8 million​</div>
</td>
<td style="width: 0pt; padding: 0pt;">​</td>
</tr>
<tr style="line-height: 5pt; height: 5pt;">
<td style="line-height: 0pt; font-size: 0pt; padding: 0pt;" colspan="19">​</td>
</tr>
</table>
<table align="center" style="width: 100%; border-collapse: collapse; height: 165px;" border="0">
<tr style="text-align: left; text-transform: none; font: bold 8pt/8pt 'times new roman', times, serif; white-space: nowrap; color: #000000; vertical-align: bottom;">
<td style="border-bottom: #ffffff 1px solid; padding-bottom: 0.5pt; padding-left: 0pt; width: 157.55pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="border-bottom: #ffffff 1px solid; width: 6pt; padding: 0pt;">​</td>
<td style="border-bottom: #ffffff 1px solid; width: 6pt; padding: 0pt;">​</td>
<td style="border-bottom: #000000 1px solid; text-align: center; padding-bottom: 1.5pt; padding-left: 0pt; width: 0pt; padding-right: 0pt; padding-top: 0pt;" colspan="34">
<div style="text-align: center; white-space: nowrap;">Year Ended December 31,</div>
</td>
<td style="border-bottom: #ffffff 1px solid; width: 0pt; padding: 0pt;">​</td>
</tr>
<tr style="text-align: center; text-transform: none; font: bold 8pt/8pt 'times new roman', times, serif; white-space: nowrap; color: #000000; vertical-align: bottom;">
<td style="border-bottom: #ffffff 1px solid; text-align: left; padding-bottom: 0.5pt; padding-left: 0pt; width: 157.55pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="border-bottom: #ffffff 1px solid; width: 6pt; padding: 0pt;">​</td>
<td style="border-bottom: #ffffff 1px solid; width: 6pt; padding: 0pt;">​</td>
<td style="border-bottom: #000000 1px solid; padding-bottom: 1.5pt; padding-left: 0pt; width: 0pt; padding-right: 0pt; padding-top: 2.25pt;" colspan="10">
<div style="text-align: center; white-space: nowrap;">2015</div>
</td>
<td style="border-bottom: #ffffff 1px solid; width: 6pt; padding: 0pt;">​</td>
<td style="border-bottom: #ffffff 1px solid; width: 6pt; padding: 0pt;">​</td>
<td style="border-bottom: #000000 1px solid; padding-bottom: 1.5pt; padding-left: 0pt; width: 0pt; padding-right: 0pt; padding-top: 2.25pt;" colspan="10">
<div style="text-align: center; white-space: nowrap;">2014</div>
</td>
<td style="border-bottom: #ffffff 1px solid; width: 6pt; padding: 0pt;">​</td>
<td style="border-bottom: #ffffff 1px solid; width: 6pt; padding: 0pt;">​</td>
<td style="border-bottom: #000000 1px solid; padding-bottom: 1.5pt; padding-left: 0pt; width: 0pt; padding-right: 0pt; padding-top: 2.25pt;" colspan="10">
<div style="text-align: center; white-space: nowrap;">2013</div>
</td>
<td style="border-bottom: #ffffff 1px solid; width: 0pt; padding: 0pt;">​</td>
</tr>
<tr style="text-align: center; text-transform: none; font: bold 8pt/9pt 'times new roman', times, serif; white-space: nowrap; color: #000000; vertical-align: bottom;">
<td style="border-bottom: #ffffff 1px solid; text-align: left; padding-bottom: 0.5pt; padding-left: 0pt; width: 157.55pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="border-bottom: #ffffff 1px solid; width: 6pt; padding: 0pt;">​</td>
<td style="border-bottom: #ffffff 1px solid; width: 6pt; padding: 0pt;">​</td>
<td style="border-bottom: #000000 1px solid; padding-bottom: 1.167pt; padding-left: 0pt; padding-right: 0pt; padding-top: 1.583pt;" colspan="4">
<div style="text-align: center; white-space: nowrap;">Shares</div>
</td>
<td style="border-bottom: #ffffff 1px solid; width: 6pt; padding: 0pt;">​</td>
<td style="border-bottom: #ffffff 1px solid; width: 6pt; padding: 0pt;">​</td>
<td style="border-bottom: #000000 1px solid; padding-bottom: 1.167pt; padding-left: 0pt; padding-right: 0pt; padding-top: 1.583pt;" colspan="4">
<div style="text-align: center;">Weighted- <br />Average <br />Exercise <br />Price</div>
</td>
<td style="border-bottom: #ffffff 1px solid; width: 6pt; padding: 0pt;">​</td>
<td style="border-bottom: #ffffff 1px solid; width: 6pt; padding: 0pt;">​</td>
<td style="border-bottom: #000000 1px solid; padding-bottom: 1.167pt; padding-left: 0pt; padding-right: 0pt; padding-top: 1.583pt;" colspan="4">
<div style="text-align: center; white-space: nowrap;">Shares</div>
</td>
<td style="border-bottom: #ffffff 1px solid; width: 6pt; padding: 0pt;">​</td>
<td style="border-bottom: #ffffff 1px solid; width: 6pt; padding: 0pt;">​</td>
<td style="border-bottom: #000000 1px solid; padding-bottom: 1.167pt; padding-left: 0pt; padding-right: 0pt; padding-top: 1.583pt;" colspan="4">
<div style="text-align: center;">Weighted- <br />Average <br />Exercise <br />Price</div>
</td>
<td style="border-bottom: #ffffff 1px solid; width: 6pt; padding: 0pt;">​</td>
<td style="border-bottom: #ffffff 1px solid; width: 6pt; padding: 0pt;">​</td>
<td style="border-bottom: #000000 1px solid; padding-bottom: 1.167pt; padding-left: 0pt; padding-right: 0pt; padding-top: 1.583pt;" colspan="4">
<div style="text-align: center; white-space: nowrap;">Shares</div>
</td>
<td style="border-bottom: #ffffff 1px solid; width: 6pt; padding: 0pt;">​</td>
<td style="border-bottom: #ffffff 1px solid; width: 6pt; padding: 0pt;">​</td>
<td style="border-bottom: #000000 1px solid; padding-bottom: 1.167pt; padding-left: 0pt; padding-right: 0pt; padding-top: 1.583pt;" colspan="4">
<div style="text-align: center;">Weighted- <br />Average <br />Exercise <br />Price</div>
</td>
<td style="border-bottom: #ffffff 1px solid; width: 0pt; padding: 0pt;">​</td>
</tr>
<tr style="text-align: left; text-transform: none; background-color: #cceeff; font: 10pt/10pt 'times new roman', times, serif; white-space: nowrap; color: #000000; vertical-align: bottom;">
<td style="padding-bottom: 0.5pt; padding-left: 0pt; width: 157.55pt; padding-right: 0pt; padding-top: 2.25pt;">Outstanding:</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td colspan="6">​</td>
<td colspan="6">​</td>
<td colspan="6">​</td>
<td colspan="6">​</td>
<td colspan="6">​</td>
<td colspan="6">​</td>
</tr>
<tr style="text-align: right; text-transform: none; font: 10pt/10pt 'times new roman', times, serif; white-space: nowrap; color: #000000; vertical-align: bottom;">
<td style="text-align: left; padding-bottom: 0.5pt; padding-left: 0pt; width: 157.55pt; padding-right: 0pt; padding-top: 2.5pt;">
<div style="white-space: nowrap;">Beginning of year</div>
</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="min-width: 0pt; text-align: right; padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 2.5pt;">​</td>
<td style="min-width: 33pt; text-align: right; padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 2.5pt;">3,104,768</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td
style="padding-bottom: 0pt; padding-left: 3.125pt; width: 0pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="min-width: 3.75pt; text-align: right; padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 2.5pt;">$</td>
<td style="min-width: 17.25pt; text-align: right; padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 2.5pt;">17.27</td>
<td style="padding-bottom: 0pt; padding-left: 3.125pt; width: 0pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="min-width: 0pt; text-align: right; padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 2.5pt;">​</td>
<td style="min-width: 30.75pt; text-align: right; padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 2.5pt;">2,166,250</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="padding-bottom: 0pt; padding-left: 3.125pt; width: 0pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="min-width: 3.75pt; text-align: right; padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 2.5pt;">$</td>
<td style="min-width: 17.25pt; text-align: right; padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 2.5pt;">15.51</td>
<td style="padding-bottom: 0pt; padding-left: 3.125pt; width: 0pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="min-width: 0pt; text-align: right; padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 2.5pt;">​</td>
<td style="min-width: 30.75pt; text-align: right; padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 2.5pt;">2,287,500</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="padding-bottom: 0pt; padding-left: 3.125pt; width: 0pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="min-width: 3.75pt; text-align: right; padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 2.5pt;">$</td>
<td style="min-width: 17.25pt; text-align: right; padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 2.5pt;">15.50</td>
<td style="padding-bottom: 0pt; padding-left: 3.125pt; width: 0pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
</tr>
<tr style="text-align: right; text-transform: none; background-color: #cceeff; font: 10pt/10pt 'times new roman', times, serif; white-space: nowrap; color: #000000; vertical-align: bottom;">
<td style="text-align: left; padding-bottom: 0.5pt; padding-left: 0pt; width: 157.55pt; padding-right: 0pt; padding-top: 2.5pt;">
<div style="white-space: nowrap;">Granted</div>
</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="min-width: 0pt; text-align: right; padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 2.5pt;">​</td>
<td style="min-width: 33pt; text-align: right; padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 2.5pt;">10,627</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="padding-bottom: 0pt; padding-left: 3.125pt; width: 0pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="min-width: 3.75pt; text-align: right; padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 2.5pt;">$</td>
<td style="min-width: 17.25pt; text-align: right; padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 2.5pt;">24.32</td>
<td style="padding-bottom: 0pt; padding-left: 3.125pt; width: 0pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="min-width: 0pt; text-align: right; padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 2.5pt;">​</td>
<td style="min-width: 30.75pt; text-align: right; padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 2.5pt;">993,518</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="padding-bottom: 0pt; padding-left: 3.125pt; width: 0pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="min-width: 3.75pt; text-align: right; padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 2.5pt;">$</td>
<td style="min-width: 17.25pt; text-align: right; padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 2.5pt;">21.00</td>
<td style="padding-bottom: 0pt; padding-left: 3.125pt; width: 0pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="min-width: 0pt; text-align: right; padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 2.5pt;">​</td>
<td style="min-width: 30.75pt; text-align: right; padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 2.5pt;">50,000</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="padding-bottom: 0pt; padding-left: 3.125pt; width: 0pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="min-width: 3.75pt; text-align: right; padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 2.5pt;">$</td>
<td style="min-width: 17.25pt; text-align: right; padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 2.5pt;">16.83</td>
<td style="padding-bottom: 0pt; padding-left: 3.125pt; width: 0pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
</tr>
<tr style="text-align: right; text-transform: none; font: 10pt/10pt 'times new roman', times, serif; white-space: nowrap; color: #000000; vertical-align: bottom;">
<td style="text-align:
left; padding-bottom: 0.5pt; padding-left: 0pt; width: 157.55pt; padding-right: 0pt; padding-top: 2.5pt;">
<div style="white-space: nowrap;">Exercised</div>
</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="min-width: 0pt; text-align: right; padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 2.5pt;">​</td>
<td style="min-width: 33pt; text-align: right; padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 2.5pt;">(1,047,500<font style="position: absolute;">)</font></td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="padding-bottom: 0pt; padding-left: 3.125pt; width: 0pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="min-width: 3.75pt; text-align: right; padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 2.5pt;">$</td>
<td style="min-width: 17.25pt; text-align: right; padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 2.5pt;">15.66</td>
<td style="padding-bottom: 0pt; padding-left: 3.125pt; width: 0pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="min-width: 0pt; text-align: right; padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 2.5pt;">​</td>
<td style="min-width: 30.75pt; text-align: right; padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 2.5pt;">—</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="padding-bottom: 0pt; padding-left: 3.125pt; width: 0pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="min-width: 3.75pt; text-align: right; padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 2.5pt;">​</td>
<td style="min-width: 17.25pt; text-align: right; padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 2.5pt;">—</td>
<td style="padding-bottom: 0pt; padding-left: 3.125pt; width: 0pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="min-width: 0pt; text-align: right; padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 2.5pt;">​</td>
<td style="min-width: 30.75pt; text-align: right; padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 2.5pt;">—</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="padding-bottom: 0pt; padding-left: 3.125pt; width: 0pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="min-width: 3.75pt; text-align: right; padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 2.5pt;">​</td>
<td style="min-width: 17.25pt; text-align: right; padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 2.5pt;">—</td>
<td style="padding-bottom: 0pt; padding-left: 3.125pt; width: 0pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
</tr>
<tr style="text-align: right; text-transform: none; background-color: #cceeff; font: 10pt/10pt 'times new roman', times, serif; white-space: nowrap; color: #000000; vertical-align: bottom;">
<td style="text-align: left; padding-bottom: 0.5pt; padding-left: 0pt; width: 157.55pt; padding-right: 0pt; padding-top: 2.5pt;">
<div style="white-space: nowrap;">Forfeited</div>
</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="min-width: 0pt; text-align: right; padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 2.5pt;">​</td>
<td style="min-width: 33pt; text-align: right; padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 2.5pt;">(9,810<font style="position: absolute;">)</font></td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="padding-bottom: 0pt; padding-left: 3.125pt; width: 0pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="min-width: 3.75pt; text-align: right; padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 2.5pt;">$</td>
<td style="min-width: 17.25pt; text-align: right; padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 2.5pt;">21.00</td>
<td style="padding-bottom: 0pt; padding-left: 3.125pt; width: 0pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="min-width: 0pt; text-align: right; padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 2.5pt;">​</td>
<td style="min-width: 30.75pt; text-align: right; padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 2.5pt;">—</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="padding-bottom: 0pt; padding-left: 3.125pt; width: 0pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="min-width: 3.75pt; text-align: right; padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 2.5pt;">​</td>
<td style="min-width: 17.25pt; text-align: right; padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 2.5pt;">—</td>
<td style="padding-bottom: 0pt; padding-left: 3.125pt; width: 0pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="min-width: 0pt; text-align: right; padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 2.5pt;">​</td>
<td style="min-width: 30.75pt; text-align: right; padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 2.5pt;">—</td>
<td style="width: 0pt; padding:
0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="padding-bottom: 0pt; padding-left: 3.125pt; width: 0pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="min-width: 3.75pt; text-align: right; padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 2.5pt;">​</td>
<td style="min-width: 17.25pt; text-align: right; padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 2.5pt;">—</td>
<td style="padding-bottom: 0pt; padding-left: 3.125pt; width: 0pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
</tr>
<tr style="text-align: right; text-transform: none; font: 10pt/10pt 'times new roman', times, serif; white-space: nowrap; color: #000000; vertical-align: bottom;">
<td style="border-bottom: #ffffff 1px solid; text-align: left; padding-bottom: 1.5pt; padding-left: 0pt; width: 157.55pt; padding-right: 0pt; padding-top: 2.5pt;">
<div style="white-space: nowrap;">Lapsed</div>
</td>
<td style="border-bottom: #ffffff 1px solid; width: 6pt; padding: 0pt;">​</td>
<td style="border-bottom: #ffffff 1px solid; width: 6pt; padding: 0pt;">​</td>
<td style="border-bottom: #ffffff 1px solid; width: 0pt; padding: 0pt;">​</td>
<td style="border-bottom: #000000 1px solid; min-width: 0pt; text-align: right; padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 2.5pt;">​</td>
<td style="border-bottom: #000000 1px solid; min-width: 33pt; text-align: right; padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 2.5pt;">—</td>
<td style="border-bottom: #ffffff 1px solid; width: 0pt; padding: 0pt;">​</td>
<td style="border-bottom: #ffffff 1px solid; width: 6pt; padding: 0pt;">​</td>
<td style="border-bottom: #ffffff 1px solid; width: 6pt; padding: 0pt;">​</td>
<td style="border-bottom: #ffffff 1px solid; padding-bottom: 0pt; padding-left: 3.125pt; width: 0pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="border-bottom: #ffffff 1px solid; min-width: 3.75pt; text-align: right; padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 2.5pt;">​</td>
<td style="border-bottom: #ffffff 1px solid; min-width: 17.25pt; text-align: right; padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 2.5pt;">—</td>
<td style="border-bottom: #ffffff 1px solid; padding-bottom: 0pt; padding-left: 3.125pt; width: 0pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="border-bottom: #ffffff 1px solid; width: 6pt; padding: 0pt;">​</td>
<td style="border-bottom: #ffffff 1px solid; width: 6pt; padding: 0pt;">​</td>
<td style="border-bottom: #ffffff 1px solid; width: 0pt; padding: 0pt;">​</td>
<td style="border-bottom: #000000 1px solid; min-width: 0pt; text-align: right; padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 2.5pt;">​</td>
<td style="border-bottom: #000000 1px solid; min-width: 30.75pt; text-align: right; padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 2.5pt;">(55,000<font style="position: absolute;">)</font></td>
<td style="border-bottom: #ffffff 1px solid; width: 0pt; padding: 0pt;">​</td>
<td style="border-bottom: #ffffff 1px solid; width: 6pt; padding: 0pt;">​</td>
<td style="border-bottom: #ffffff 1px solid; width: 6pt; padding: 0pt;">​</td>
<td style="border-bottom: #ffffff 1px solid; padding-bottom: 0pt; padding-left: 3.125pt; width: 0pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="border-bottom: #ffffff 1px solid; min-width: 3.75pt; text-align: right; padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 2.5pt;">$</td>
<td style="border-bottom: #ffffff 1px solid; min-width: 17.25pt; text-align: right; padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 2.5pt;">15.65</td>
<td style="border-bottom: #ffffff 1px solid; padding-bottom: 0pt; padding-left: 3.125pt; width: 0pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="border-bottom: #ffffff 1px solid; width: 6pt; padding: 0pt;">​</td>
<td style="border-bottom: #ffffff 1px solid; width: 6pt; padding: 0pt;">​</td>
<td style="border-bottom: #ffffff 1px solid; width: 0pt; padding: 0pt;">​</td>
<td style="border-bottom: #000000 1px solid; min-width: 0pt; text-align: right; padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 2.5pt;">​</td>
<td style="border-bottom: #000000 1px solid; min-width: 30.75pt; text-align: right; padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 2.5pt;">(171,250<font style="position: absolute;">)</font></td>
<td style="border-bottom: #ffffff 1px solid; width: 0pt; padding: 0pt;">​</td>
<td style="border-bottom: #ffffff 1px solid; width: 6pt; padding: 0pt;">​</td>
<td style="border-bottom: #ffffff 1px solid; width: 6pt; padding: 0pt;">​</td>
<td style="border-bottom: #ffffff 1px solid; padding-bottom: 0pt; padding-left: 3.125pt; width: 0pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="border-bottom: #ffffff 1px solid; min-width: 3.75pt; text-align: right; padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 2.5pt;">$</td>
<td style="border-bottom: #ffffff 1px solid; min-width: 17.25pt; text-align: right; padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 2.5pt;">15.65</td>
<td style="border-bottom: #ffffff 1px solid; padding-bottom: 0pt; padding-left: 3.125pt; width: 0pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="border-bottom: #ffffff 1px solid; width: 0pt; padding: 0pt;">​</td>
</tr>
<tr style="text-align: right; text-transform: none; background-color: #cceeff; font: 10pt/10pt 'times new roman', times, serif; white-space: nowrap; color: #000000; vertical-align: bottom;">
<td style="text-align: left; padding-bottom: 2.25pt; padding-left: 0pt; width: 157.55pt; padding-right: 0pt; padding-top: 2.25pt;">
<div style="white-space: nowrap;">End of year</div>
</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="border-bottom: #000000 3px double; min-width: 0pt; text-align: right; padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 2.25pt;">​</td>
<td style="border-bottom: #000000 3px double; min-width: 33pt; text-align: right; padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 2.25pt;">2,058,085</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding:
0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="padding-bottom: 0pt; padding-left: 3.125pt; width: 0pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="min-width: 3.75pt; text-align: right; padding-bottom: 1.75pt; padding-left: 0pt; padding-right: 0pt; padding-top: 2.25pt;">$</td>
<td style="min-width: 17.25pt; text-align: right; padding-bottom: 1.75pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 2.25pt;">18.11</td>
<td style="padding-bottom: 0pt; padding-left: 3.125pt; width: 0pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="border-bottom: #000000 3px double; min-width: 0pt; text-align: right; padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 2.25pt;">​</td>
<td style="border-bottom: #000000 3px double; min-width: 30.75pt; text-align: right; padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 2.25pt;">3,104,768</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="padding-bottom: 0pt; padding-left: 3.125pt; width: 0pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="min-width: 3.75pt; text-align: right; padding-bottom: 1.75pt; padding-left: 0pt; padding-right: 0pt; padding-top: 2.25pt;">$</td>
<td style="min-width: 17.25pt; text-align: right; padding-bottom: 1.75pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 2.25pt;">17.27</td>
<td style="padding-bottom: 0pt; padding-left: 3.125pt; width: 0pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="border-bottom: #000000 3px double; min-width: 0pt; text-align: right; padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 2.25pt;">​</td>
<td style="border-bottom: #000000 3px double; min-width: 30.75pt; text-align: right; padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 2.25pt;">2,166,250</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="padding-bottom: 0pt; padding-left: 3.125pt; width: 0pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="min-width: 3.75pt; text-align: right; padding-bottom: 1.75pt; padding-left: 0pt; padding-right: 0pt; padding-top: 2.25pt;">$</td>
<td style="min-width: 17.25pt; text-align: right; padding-bottom: 1.75pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 2.25pt;">15.51</td>
<td style="padding-bottom: 0pt; padding-left: 3.125pt; width: 0pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
</tr>
<tr style="text-align: right; text-transform: none; font: 10pt/10pt 'times new roman', times, serif; white-space: nowrap; color: #000000; vertical-align: bottom;">
<td style="text-align: left; padding-bottom: 2.75pt; widows: 1; text-transform: none; text-indent: 0px; padding-left: 0pt; width: 157.55pt; padding-right: 0pt; font: 13px/13px 'times new roman', times, serif; white-space: nowrap; letter-spacing: normal; color: #000000; word-spacing: 0px; padding-top: 1.75pt; -webkit-text-stroke-width: 0px;">
<div style="white-space: nowrap;">Exercisable, end of year</div>
</td>
<td style="text-align: right; widows: 1; text-transform: none; text-indent: 0px; width: 6pt; font: 13px/13px 'times new roman', times, serif; white-space: nowrap; letter-spacing: normal; color: #000000; word-spacing: 0px; -webkit-text-stroke-width: 0px; padding: 0pt;">​</td>
<td style="text-align: right; widows: 1; text-transform: none; text-indent: 0px; width: 6pt; font: 13px/13px 'times new roman', times, serif; white-space: nowrap; letter-spacing: normal; color: #000000; word-spacing: 0px; -webkit-text-stroke-width: 0px; padding: 0pt;">​</td>
<td style="text-align: right; widows: 1; text-transform: none; text-indent: 0px; width: 0pt; font: 13px/13px 'times new roman', times, serif; white-space: nowrap; letter-spacing: normal; color: #000000; word-spacing: 0px; -webkit-text-stroke-width: 0px; padding: 0pt;">​</td>
<td style="border-bottom: #000000 3px double; min-width: 0pt; text-align: right; padding-bottom: 2pt; widows: 1; text-transform: none; text-indent: 0px; padding-left: 0pt; padding-right: 0pt; font: 13px/13px 'times new roman', times, serif; white-space: nowrap; letter-spacing: normal; color: #000000; word-spacing: 0px; padding-top: 1.75pt; -webkit-text-stroke-width: 0px;">​</td>
<td style="border-bottom: #000000 3px double; min-width: 33pt; text-align: right; padding-bottom: 2pt; widows: 1; text-transform: none; text-indent: 0px; padding-left: 0pt; padding-right: 0pt; font: 13px/13px 'times new roman', times, serif; white-space: nowrap; letter-spacing: normal; color: #000000; word-spacing: 0px; padding-top: 1.75pt; -webkit-text-stroke-width: 0px;">1,217,903</td>
<td style="text-align: right; widows: 1; text-transform: none; text-indent: 0px; width: 0pt; font: 13px/13px 'times new roman', times, serif; white-space: nowrap; letter-spacing: normal; color: #000000; word-spacing: 0px; -webkit-text-stroke-width: 0px; padding: 0pt;">​</td>
<td style="text-align: right; widows: 1; text-transform: none; text-indent: 0px; width: 6pt; font: 13px/13px 'times new roman', times, serif; white-space: nowrap; letter-spacing: normal; color: #000000; word-spacing: 0px; -webkit-text-stroke-width: 0px; padding: 0pt;">​</td>
<td style="text-align: right; widows: 1; text-transform: none; text-indent: 0px; width: 6pt; font: 13px/13px 'times new roman', times, serif; white-space: nowrap; letter-spacing: normal; color: #000000; word-spacing: 0px; -webkit-text-stroke-width: 0px; padding: 0pt;">​</td>
<td style="text-align: right; padding-bottom: 0pt; widows: 1; text-transform: none; text-indent: 0px; padding-left: 3.125pt; width: 0pt; padding-right: 0pt; font: 13px/13px 'times new roman', times, serif; white-space: nowrap; letter-spacing: normal; color: #000000; word-spacing: 0px; padding-top: 0pt; -webkit-text-stroke-width: 0px;">​</td>
<td style="min-width: 3.75pt; text-align: right; padding-bottom: 1.75pt; widows: 1; text-transform: none; text-indent: 0px; padding-left: 0pt; padding-right: 0pt; font: 13px/13px 'times new roman', times, serif; white-space: nowrap; letter-spacing: normal; color: #000000; word-spacing: 0px; padding-top: 1.75pt; -webkit-text-stroke-width: 0px;">$</td>
<td style="min-width: 17.25pt; text-align: right; padding-bottom: 1.75pt; widows: 1; text-transform:
none; text-indent: 0px; padding-left: 0pt; padding-right: 0pt; font: 13px/13px 'times new roman', times, serif; white-space: nowrap; letter-spacing: normal; color: #000000; word-spacing: 0px; padding-top: 1.75pt; -webkit-text-stroke-width: 0px;">16.85</td>
<td style="text-align: right; padding-bottom: 0pt; widows: 1; text-transform: none; text-indent: 0px; padding-left: 3.125pt; width: 0pt; padding-right: 0pt; font: 13px/13px 'times new roman', times, serif; white-space: nowrap; letter-spacing: normal; color: #000000; word-spacing: 0px; padding-top: 0pt; -webkit-text-stroke-width: 0px;">​</td>
<td style="text-align: right; widows: 1; text-transform: none; text-indent: 0px; width: 6pt; font: 13px/13px 'times new roman', times, serif; white-space: nowrap; letter-spacing: normal; color: #000000; word-spacing: 0px; -webkit-text-stroke-width: 0px; padding: 0pt;">​</td>
<td style="text-align: right; widows: 1; text-transform: none; text-indent: 0px; width: 6pt; font: 13px/13px 'times new roman', times, serif; white-space: nowrap; letter-spacing: normal; color: #000000; word-spacing: 0px; -webkit-text-stroke-width: 0px; padding: 0pt;">​</td>
<td style="text-align: right; widows: 1; text-transform: none; text-indent: 0px; width: 0pt; font: 13px/13px 'times new roman', times, serif; white-space: nowrap; letter-spacing: normal; color: #000000; word-spacing: 0px; -webkit-text-stroke-width: 0px; padding: 0pt;">​</td>
<td style="border-bottom: #000000 3px double; min-width: 0pt; text-align: right; padding-bottom: 2pt; widows: 1; text-transform: none; text-indent: 0px; padding-left: 0pt; padding-right: 0pt; font: 13px/13px 'times new roman', times, serif; white-space: nowrap; letter-spacing: normal; color: #000000; word-spacing: 0px; padding-top: 1.75pt; -webkit-text-stroke-width: 0px;">​</td>
<td style="border-bottom: #000000 3px double; min-width: 30.75pt; text-align: right; padding-bottom: 2pt; widows: 1; text-transform: none; text-indent: 0px; padding-left: 0pt; padding-right: 0pt; font: 13px/13px 'times new roman', times, serif; white-space: nowrap; letter-spacing: normal; color: #000000; word-spacing: 0px; padding-top: 1.75pt; -webkit-text-stroke-width: 0px;">1,751,249</td>
<td style="text-align: right; widows: 1; text-transform: none; text-indent: 0px; width: 0pt; font: 13px/13px 'times new roman', times, serif; white-space: nowrap; letter-spacing: normal; color: #000000; word-spacing: 0px; -webkit-text-stroke-width: 0px; padding: 0pt;">​</td>
<td style="text-align: right; widows: 1; text-transform: none; text-indent: 0px; width: 6pt; font: 13px/13px 'times new roman', times, serif; white-space: nowrap; letter-spacing: normal; color: #000000; word-spacing: 0px; -webkit-text-stroke-width: 0px; padding: 0pt;">​</td>
<td style="text-align: right; widows: 1; text-transform: none; text-indent: 0px; width: 6pt; font: 13px/13px 'times new roman', times, serif; white-space: nowrap; letter-spacing: normal; color: #000000; word-spacing: 0px; -webkit-text-stroke-width: 0px; padding: 0pt;">​</td>
<td style="text-align: right; padding-bottom: 0pt; widows: 1; text-transform: none; text-indent: 0px; padding-left: 3.125pt; width: 0pt; padding-right: 0pt; font: 13px/13px 'times new roman', times, serif; white-space: nowrap; letter-spacing: normal; color: #000000; word-spacing: 0px; padding-top: 0pt; -webkit-text-stroke-width: 0px;">​</td>
<td style="min-width: 3.75pt; text-align: right; padding-bottom: 1.75pt; widows: 1; text-transform: none; text-indent: 0px; padding-left: 0pt; padding-right: 0pt; font: 13px/13px 'times new roman', times, serif; white-space: nowrap; letter-spacing: normal; color: #000000; word-spacing: 0px; padding-top: 1.75pt; -webkit-text-stroke-width: 0px;">$</td>
<td style="min-width: 17.25pt; text-align: right; padding-bottom: 1.75pt; widows: 1; text-transform: none; text-indent: 0px; padding-left: 0pt; padding-right: 0pt; font: 13px/13px 'times new roman', times, serif; white-space: nowrap; letter-spacing: normal; color: #000000; word-spacing: 0px; padding-top: 1.75pt; -webkit-text-stroke-width: 0px;">15.51</td>
<td style="text-align: right; padding-bottom: 0pt; widows: 1; text-transform: none; text-indent: 0px; padding-left: 3.125pt; width: 0pt; padding-right: 0pt; font: 13px/13px 'times new roman', times, serif; white-space: nowrap; letter-spacing: normal; color: #000000; word-spacing: 0px; padding-top: 0pt; -webkit-text-stroke-width: 0px;">​</td>
<td style="text-align: right; widows: 1; text-transform: none; text-indent: 0px; width: 6pt; font: 13px/13px 'times new roman', times, serif; white-space: nowrap; letter-spacing: normal; color: #000000; word-spacing: 0px; -webkit-text-stroke-width: 0px; padding: 0pt;">​</td>
<td style="text-align: right; widows: 1; text-transform: none; text-indent: 0px; width: 6pt; font: 13px/13px 'times new roman', times, serif; white-space: nowrap; letter-spacing: normal; color: #000000; word-spacing: 0px; -webkit-text-stroke-width: 0px; padding: 0pt;">​</td>
<td style="text-align: right; widows: 1; text-transform: none; text-indent: 0px; width: 0pt; font: 13px/13px 'times new roman', times, serif; white-space: nowrap; letter-spacing: normal; color: #000000; word-spacing: 0px; -webkit-text-stroke-width: 0px; padding: 0pt;">​</td>
<td style="border-bottom: #000000 3px double; min-width: 0pt; text-align: right; padding-bottom: 2pt; widows: 1; text-transform: none; text-indent: 0px; padding-left: 0pt; padding-right: 0pt; font: 13px/13px 'times new roman', times, serif; white-space: nowrap; letter-spacing: normal; color: #000000; word-spacing: 0px; padding-top: 1.75pt; -webkit-text-stroke-width: 0px;">​</td>
<td style="border-bottom: #000000 3px double; min-width: 30.75pt; text-align: right; padding-bottom: 2pt; widows: 1; text-transform: none; text-indent: 0px; padding-left: 0pt; padding-right: 0pt; font: 13px/13px 'times new roman', times, serif; white-space: nowrap; letter-spacing: normal; color: #000000; word-spacing: 0px; padding-top: 1.75pt; -webkit-text-stroke-width: 0px;">1,570,100</td>
<td style="text-align: right; widows: 1; text-transform: none; text-indent: 0px; width: 0pt; font: 13px/13px 'times new roman', times, serif; white-space: nowrap; letter-spacing: normal; color: #000000; word-spacing: 0px; -webkit-text-stroke-width: 0px; padding: 0pt;">​</td>
<td style="text-align: right; widows: 1; text-transform: none; text-indent: 0px; width: 6pt; font: 13px/13px 'times new roman', times, serif; white-space: nowrap; letter-spacing: normal; color: #000000; word-spacing: 0px; -webkit-text-stroke-width: 0px; padding: 0pt;">​</td>
<td style="text-align: right; widows: 1; text-transform: none; text-indent: 0px; width: 6pt; font: 13px/13px 'times new roman', times, serif; white-space: nowrap; letter-spacing: normal; color: #000000; word-spacing: 0px; -webkit-text-stroke-width: 0px; padding: 0pt;">​</td>
<td style="text-align: right;
padding-bottom: 0pt; widows: 1; text-transform: none; text-indent: 0px; padding-left: 3.125pt; width: 0pt; padding-right: 0pt; font: 13px/13px 'times new roman', times, serif; white-space: nowrap; letter-spacing: normal; color: #000000; word-spacing: 0px; padding-top: 0pt; -webkit-text-stroke-width: 0px;">​</td>
<td style="min-width: 3.75pt; text-align: right; padding-bottom: 1.75pt; widows: 1; text-transform: none; text-indent: 0px; padding-left: 0pt; padding-right: 0pt; font: 13px/13px 'times new roman', times, serif; white-space: nowrap; letter-spacing: normal; color: #000000; word-spacing: 0px; padding-top: 1.75pt; -webkit-text-stroke-width: 0px;">$</td>
<td style="min-width: 17.25pt; text-align: right; padding-bottom: 1.75pt; widows: 1; text-transform: none; text-indent: 0px; padding-left: 0pt; padding-right: 0pt; font: 13px/13px 'times new roman', times, serif; white-space: nowrap; letter-spacing: normal; color: #000000; word-spacing: 0px; padding-top: 1.75pt; -webkit-text-stroke-width: 0px;">15.54</td>
</tr>
</table>
<table align="center" style="widows: 1; text-transform: none; text-indent: 0px; width: 100%; border-collapse: collapse; font: 13px 'times new roman', times, serif; white-space: normal; letter-spacing: normal; height: 123px; color: #000000; word-spacing: 0px; -webkit-text-stroke-width: 0px;" border="0">
<tr style="text-align: left; text-transform: none; font: bold 8pt/8pt 'times new roman', times, serif; white-space: nowrap; color: #000000; vertical-align: bottom;">
<td style="border-bottom: #ffffff 1px solid; padding-bottom: 0.5pt; padding-left: 0pt; width: 223.11pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="border-bottom: #ffffff 1px solid; width: 6pt; padding: 0pt;">​</td>
<td style="border-bottom: #ffffff 1px solid; width: 6pt; padding: 0pt;">​</td>
<td style="border-bottom: #000000 1px solid; text-align: center; padding-bottom: 2.5pt; padding-left: 0pt; width: 0pt; padding-right: 0pt; padding-top: 0pt;" colspan="22">
<div style="text-align: center; white-space: nowrap;">Year Ended December 31,</div>
</td>
<td style="border-bottom: #ffffff 1px solid; width: 0pt; padding: 0pt;">​</td>
</tr>
<tr style="text-align: center; text-transform: none; font: bold 8pt/8pt 'times new roman', times, serif; white-space: nowrap; color: #000000; vertical-align: bottom;">
<td style="border-bottom: #ffffff 1px solid; text-align: left; padding-bottom: 0.5pt; padding-left: 0pt; width: 223.11pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="border-bottom: #ffffff 1px solid; width: 6pt; padding: 0pt;">​</td>
<td style="border-bottom: #ffffff 1px solid; width: 6pt; padding: 0pt;">​</td>
<td style="border-bottom: #000000 1px solid; padding-bottom: 2.5pt; padding-left: 0pt; width: 0pt; padding-right: 0pt; padding-top: 3.25pt;" colspan="10">
<div style="text-align: center; white-space: nowrap;">2015</div>
</td>
<td style="border-bottom: #ffffff 1px solid; width: 6pt; padding: 0pt;">​</td>
<td style="border-bottom: #ffffff 1px solid; width: 6pt; padding: 0pt;">​</td>
<td style="border-bottom: #000000 1px solid; padding-bottom: 2.5pt; padding-left: 0pt; width: 0pt; padding-right: 0pt; padding-top: 3.25pt;" colspan="10">
<div style="text-align: center; white-space: nowrap;">2014</div>
</td>
<td style="border-bottom: #ffffff 1px solid; width: 0pt; padding: 0pt;">​</td>
</tr>
<tr style="text-align: center; text-transform: none; font: bold 8pt/9pt 'times new roman', times, serif; white-space: nowrap; color: #000000; vertical-align: bottom;">
<td style="border-bottom: #ffffff 1px solid; text-align: left; padding-bottom: 0.5pt; padding-left: 0pt; width: 223.11pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="border-bottom: #ffffff 1px solid; width: 6pt; padding: 0pt;">​</td>
<td style="border-bottom: #ffffff 1px solid; width: 6pt; padding: 0pt;">​</td>
<td style="border-bottom: #000000 1px solid; padding-bottom: 2.167pt; padding-left: 0pt; padding-right: 0pt; padding-top: 2.583pt;" colspan="4">
<div style="text-align: center; white-space: nowrap;">Shares</div>
</td>
<td style="border-bottom: #ffffff 1px solid; width: 6pt; padding: 0pt;">​</td>
<td style="border-bottom: #ffffff 1px solid; width: 6pt; padding: 0pt;">​</td>
<td style="border-bottom: #000000 1px solid; padding-bottom: 2.167pt; padding-left: 0pt; padding-right: 0pt; padding-top: 2.583pt;" colspan="4">
<div style="text-align: center;">Weighted-<br />Average <br />Grant Date <br />Fair Value</div>
</td>
<td style="border-bottom: #ffffff 1px solid; width: 6pt; padding: 0pt;">​</td>
<td style="border-bottom: #ffffff 1px solid; width: 6pt; padding: 0pt;">​</td>
<td style="border-bottom: #000000 1px solid; padding-bottom: 2.167pt; padding-left: 0pt; padding-right: 0pt; padding-top: 2.583pt;" colspan="4">
<div style="text-align: center; white-space: nowrap;">Shares</div>
</td>
<td style="border-bottom: #ffffff 1px solid; width: 6pt; padding: 0pt;">​</td>
<td style="border-bottom: #ffffff 1px solid; width: 6pt; padding: 0pt;">​</td>
<td style="border-bottom: #000000 1px solid; padding-bottom: 2.167pt; padding-left: 0pt; padding-right: 0pt; padding-top: 2.583pt;" colspan="4">
<div style="text-align: center;">Weighted-<br />Average <br />Grant Date <br />Fair Value</div>
</td>
<td style="border-bottom: #ffffff 1px solid; width: 0pt; padding: 0pt;">​</td>
</tr>
<tr style="text-align: right; text-transform: none; background-color: #cceeff; font: 10pt/10pt 'times new roman', times, serif; white-space: nowrap; color: #000000; vertical-align: bottom;">
<td style="text-align: left; padding-bottom: 1.5pt; padding-left: 0pt; width: 223.11pt; padding-right: 0pt; padding-top: 3.25pt;">
<div style="white-space: nowrap;">Unvested, beginning of year</div>
</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="min-width: 0pt; text-align: right; padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.25pt;">​</td>
<td style="min-width: 27pt; text-align: right; padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3.25pt;">340,474</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="padding-bottom: 0pt; padding-left: 5.18pt; width: 0pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="min-width: 3.75pt; text-align: right; padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.25pt;">$</td>
<td style="min-width: 17.25pt; text-align: right; padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3.25pt;">21.00</td>
<td style="padding-bottom: 0pt; padding-left: 5.18pt; width: 0pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="min-width: 0pt; text-align: right; padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.25pt;">​</td>
<td style="min-width: 24.75pt; text-align: right; padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3.25pt;">—</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="padding-bottom: 0pt; padding-left: 5.18pt; width: 0pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="min-width: 3.75pt; text-align: right; padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.25pt;">​</td>
<td style="min-width: 17.25pt; text-align: right; padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt;
white-space: nowrap; padding-top: 3.25pt;">—</td>
<td style="padding-bottom: 0pt; padding-left: 5.18pt; width: 0pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
</tr>
<tr style="text-align: right; text-transform: none; font: 10pt/10pt 'times new roman', times, serif; white-space: nowrap; color: #000000; vertical-align: bottom;">
<td style="text-align: left; padding-bottom: 1.5pt; padding-left: 0pt; width: 223.11pt; padding-right: 0pt; padding-top: 3.5pt;">
<div style="white-space: nowrap;">Granted</div>
</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="min-width: 0pt; text-align: right; padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.5pt;">​</td>
<td style="min-width: 27pt; text-align: right; padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3.5pt;">—</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="padding-bottom: 0pt; padding-left: 5.18pt; width: 0pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="min-width: 3.75pt; text-align: right; padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.5pt;">​</td>
<td style="min-width: 17.25pt; text-align: right; padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3.5pt;">—</td>
<td style="padding-bottom: 0pt; padding-left: 5.18pt; width: 0pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="min-width: 0pt; text-align: right; padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.5pt;">​</td>
<td style="min-width: 24.75pt; text-align: right; padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3.5pt;">340,474</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="padding-bottom: 0pt; padding-left: 5.18pt; width: 0pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="min-width: 3.75pt; text-align: right; padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.5pt;">$</td>
<td style="min-width: 17.25pt; text-align: right; padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3.5pt;">21.00</td>
<td style="padding-bottom: 0pt; padding-left: 5.18pt; width: 0pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
</tr>
<tr style="text-align: right; text-transform: none; background-color: #cceeff; font: 10pt/10pt 'times new roman', times, serif; white-space: nowrap; color: #000000; vertical-align: bottom;">
<td style="border-bottom: #cceeff 1px solid; text-align: left; padding-bottom: 2.5pt; padding-left: 0pt; width: 223.11pt; padding-right: 0pt; padding-top: 3.5pt;">
<div style="white-space: nowrap;">Vested</div>
</td>
<td style="border-bottom: #cceeff 1px solid; width: 6pt; padding: 0pt;">​</td>
<td style="border-bottom: #cceeff 1px solid; width: 6pt; padding: 0pt;">​</td>
<td style="border-bottom: #cceeff 1px solid; width: 0pt; padding: 0pt;">​</td>
<td style="border-bottom: #000000 1px solid; min-width: 0pt; text-align: right; padding-bottom: 2.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.5pt;">​</td>
<td style="border-bottom: #000000 1px solid; min-width: 27pt; text-align: right; padding-bottom: 2.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3.5pt;">(105,552<font style="position: absolute;">)</font></td>
<td style="border-bottom: #cceeff 1px solid; width: 0pt; padding: 0pt;">​</td>
<td style="border-bottom: #cceeff 1px solid; width: 6pt; padding: 0pt;">​</td>
<td style="border-bottom: #cceeff 1px solid; width: 6pt; padding: 0pt;">​</td>
<td style="border-bottom: #cceeff 1px solid; padding-bottom: 0pt; padding-left: 5.18pt; width: 0pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="border-bottom: #000000 1px solid; min-width: 3.75pt; text-align: right; padding-bottom: 2.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.5pt;">$</td>
<td style="border-bottom: #000000 1px solid; min-width: 17.25pt; text-align: right; padding-bottom: 2.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3.5pt;">21.00</td>
<td style="border-bottom: #cceeff 1px solid; padding-bottom: 0pt; padding-left: 5.18pt; width: 0pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="border-bottom: #cceeff 1px solid; width: 6pt; padding: 0pt;">​</td>
<td style="border-bottom: #cceeff 1px solid; width: 6pt; padding: 0pt;">​</td>
<td style="border-bottom: #cceeff 1px solid; width: 0pt; padding: 0pt;">​</td>
<td style="border-bottom: #000000 1px solid; min-width: 0pt; text-align: right; padding-bottom: 2.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.5pt;">​</td>
<td style="border-bottom: #000000 1px solid; min-width: 24.75pt; text-align: right; padding-bottom: 2.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3.5pt;">—</td>
<td style="border-bottom: #cceeff 1px solid; width: 0pt; padding: 0pt;">​</td>
<td style="border-bottom: #cceeff 1px solid; width: 6pt; padding: 0pt;">​</td>
<td style="border-bottom: #cceeff 1px solid; width: 6pt; padding: 0pt;">​</td>
<td style="border-bottom: #cceeff 1px solid; padding-bottom: 0pt; padding-left: 5.18pt; width: 0pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="border-bottom: #000000 1px solid; min-width: 3.75pt; text-align: right; padding-bottom: 2.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.5pt;">​</td>
<td style="border-bottom: #000000 1px solid; min-width: 17.25pt; text-align: right; padding-bottom: 2.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3.5pt;">—</td>
<td style="border-bottom: #cceeff 1px solid; padding-bottom: 0pt; padding-left: 5.18pt; width: 0pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="border-bottom: #cceeff 1px solid; width: 0pt; padding: 0pt;">​</td>
</tr>
<tr style="text-align: right; text-transform: none; font: 10pt/10pt 'times new roman', times, serif; white-space: nowrap; color: #000000; vertical-align: bottom;">
<td style="text-align: left; padding-bottom: 2.75pt; padding-left: 0pt; width: 223.11pt; padding-right: 0pt; padding-top: 3.25pt;">
<div style="white-space: nowrap;">Unvested, end of year</div>
</td>
<td
style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="border-bottom: #000000 3px double; min-width: 0pt; text-align: right; padding-bottom: 2pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.25pt;">​</td>
<td style="border-bottom: #000000 3px double; min-width: 27pt; text-align: right; padding-bottom: 2pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3.25pt;">234,922</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="padding-bottom: 0pt; padding-left: 5.18pt; width: 0pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="border-bottom: #000000 3px double; min-width: 3.75pt; text-align: right; padding-bottom: 2pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.25pt;">$</td>
<td style="border-bottom: #000000 3px double; min-width: 17.25pt; text-align: right; padding-bottom: 2pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3.25pt;">21.00</td>
<td style="padding-bottom: 0pt; padding-left: 5.18pt; width: 0pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="border-bottom: #000000 3px double; min-width: 0pt; text-align: right; padding-bottom: 2pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.25pt;">​</td>
<td style="border-bottom: #000000 3px double; min-width: 24.75pt; text-align: right; padding-bottom: 2pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3.25pt;">340,474</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="padding-bottom: 0pt; padding-left: 5.18pt; width: 0pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="border-bottom: #000000 3px double; min-width: 3.75pt; text-align: right; padding-bottom: 2pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.25pt;">$</td>
<td style="border-bottom: #000000 3px double; min-width: 17.25pt; text-align: right; padding-bottom: 2pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3.25pt;">21.00</td>
<td style="padding-bottom: 0pt; padding-left: 5.18pt; width: 0pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
</tr>
<tr style="line-height: 4pt; height: 4pt;">
<td style="line-height: 0pt; font-size: 0pt; padding: 0pt;" colspan="30">​</td>
</tr>
</table>
<table align="center" style="widows: 1; text-transform: none; text-indent: 0px; width: 100%; border-collapse: collapse; font: 13px 'times new roman', times, serif; white-space: normal; letter-spacing: normal; height: 65px; color: #000000; word-spacing: 0px; -webkit-text-stroke-width: 0px;" border="0">
<tr style="text-align: left; text-transform: none; font: bold 8pt/8pt 'times new roman', times, serif; white-space: nowrap; color: #000000; vertical-align: bottom;">
<td style="border-bottom: #ffffff 1px solid; padding-bottom: 0.5pt; padding-left: 0pt; width: 312.29pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="border-bottom: #ffffff 1px solid; width: 6pt; padding: 0pt;">​</td>
<td style="border-bottom: #ffffff 1px solid; width: 6pt; padding: 0pt;">​</td>
<td style="border-bottom: #000000 1px solid; text-align: center; padding-bottom: 2.5pt; padding-left: 0pt; width: 0pt; padding-right: 0pt; padding-top: 0pt;" colspan="16">
<div style="text-align: center; white-space: nowrap;">December 31,</div>
</td>
<td style="border-bottom: #ffffff 1px solid; width: 0pt; padding: 0pt;">​</td>
</tr>
<tr style="text-align: center; text-transform: none; font: bold 8pt/8pt 'times new roman', times, serif; white-space: nowrap; color: #000000; vertical-align: bottom;">
<td style="border-bottom: #ffffff 1px solid; text-align: left; padding-bottom: 0.5pt; padding-left: 0pt; width: 312.29pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="border-bottom: #ffffff 1px solid; width: 6pt; padding: 0pt;">​</td>
<td style="border-bottom: #ffffff 1px solid; width: 6pt; padding: 0pt;">​</td>
<td style="border-bottom: #000000 1px solid; padding-bottom: 2.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.25pt;" colspan="4">
<div style="text-align: center; white-space: nowrap;">2015</div>
</td>
<td style="border-bottom: #ffffff 1px solid; width: 6pt; padding: 0pt;">​</td>
<td style="border-bottom: #ffffff 1px solid; width: 6pt; padding: 0pt;">​</td>
<td style="border-bottom: #000000 1px solid; padding-bottom: 2.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.25pt;" colspan="4">
<div style="text-align: center; white-space: nowrap;">2014</div>
</td>
<td style="border-bottom: #ffffff 1px solid; width: 6pt; padding: 0pt;">​</td>
<td style="border-bottom: #ffffff 1px solid; width: 6pt; padding: 0pt;">​</td>
<td style="border-bottom: #000000 1px solid; padding-bottom: 2.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.25pt;" colspan="4">
<div style="text-align: center; white-space: nowrap;">2013</div>
</td>
<td style="border-bottom: #ffffff 1px solid; width: 0pt; padding: 0pt;">​</td>
</tr>
<tr style="text-align: left; text-transform: none; font: bold italic 8pt/8pt 'times new roman', times, serif; white-space: nowrap; color: #000000; vertical-align: bottom;">
<td style="padding-bottom: 0.5pt; padding-left: 0pt; width: 312.29pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="text-align: center; padding-bottom: 1.5pt; padding-left: 0pt; width: 0pt; padding-right: 0pt; padding-top: 3.25pt;" colspan="16">
<div style="text-align: center; white-space: nowrap;">(in thousands)</div>
</td>
<td style="width: 0pt; padding: 0pt;">​</td>
</tr>
<tr style="text-align: right; text-transform: none; background-color: #cceeff; font: 10pt/10pt 'times new roman', times, serif; white-space: nowrap; color: #000000; vertical-align: bottom;">
<td style="text-align: left; padding-bottom: 1.5pt; padding-left: 0pt; width: 312.29pt; padding-right: 0pt; padding-top: 3.5pt;">
<div style="white-space: nowrap;">Share based compensation expense</div>
</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="min-width: 3.75pt; text-align: right; padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.5pt;">$</td>
<td style="min-width: 17.25pt; text-align: right; padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3.5pt;">3,735</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="min-width: 3.75pt; text-align: right; padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.5pt;">$</td>
<td style="min-width: 11.25pt; text-align: right; padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3.5pt;">589</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="min-width: 3.75pt; text-align: right; padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.5pt;">$</td>
<td style="min-width: 11.25pt; text-align: right; padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3.5pt;">647</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
</tr>
<tr style="text-align: right; text-transform: none; font: 10pt/10pt 'times new roman', times, serif; white-space: nowrap; color: #000000; vertical-align: bottom;">
<td style="text-align: left; padding-bottom: 1.5pt; padding-left: 0pt; width: 312.29pt; padding-right: 0pt; padding-top: 3.5pt;">
<div style="white-space: nowrap;">U.S. tax benefit on share based compensation expense</div>
</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="min-width: 3.75pt; text-align: right; padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.5pt;">$</td>
<td style="min-width: 17.25pt; text-align: right; padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3.5pt;">1,025</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="min-width: 3.75pt; text-align: right; padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.5pt;">$</td>
<td style="min-width: 11.25pt; text-align: right; padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3.5pt;">135</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="min-width: 3.75pt; text-align: right;
padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.5pt;">$</td>
<td style="min-width: 11.25pt; text-align: right; padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3.5pt;">139</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
</tr>
</table>
6
25100000
26000000
802264000
737916000
64348000
90715000
113997000
261574000
111056000
100376000
58173000
2025000
967275000
897445000
69830000
95864000
137308000
368961000
130231000
89734000
73322000
2025000
29243000
24061000
5182000
8509000
2661000
8742000
2429000
1431000
289000
20708000
15196000
5512000
7728000
1718000
3988000
890000
698000
165000
9000
6639000
5014000
1625000
178000
1409000
2434000
144000
532000
193000
124000
14212000
12981000
1231000
135000
2139000
9781000
425000
269000
232000
5200000
4100000
824868000
756963000
67905000
99046000
115249000
267882000
113341000
101275000
58269000
1901000
56891000
56891000
17570000
17570000
734000
18304000
700072000
99046000
115249000
267882000
113341000
101275000
1378000
1901000
50335000
49601000
99046000
115249000
267882000
113341000
101275000
58269000
1901000
756963000
49601000
67905000
74461000
750407000
824868000
973771000
899660000
74111000
103457000
136887000
363168000
130696000
90163000
73255000
2034000
72542000
72542000
19285000
19285000
734000
5000000
5000000
20019000
822118000
103457000
136887000
363168000
125696000
90163000
713000
2034000
54826000
54092000
103457000
136887000
363168000
130696000
90163000
73255000
2034000
899660000
54092000
74111000
91827000
876944000
5000000
973771000
9400000
86769000
289078000
115835000
136199000
137308000
130231000
2025000
87096000
286135000
115459000
141353000
136887000
130696000
2034000
69666000
68305000
1361000
3197000
2072000
25885000
23894000
202000
13055000
398609000
394413000
4196000
9492000
39895000
177149000
74518000
43907000
49452000
760000
555000
205000
176000
2000
235000
118000
24000
6836000
6664000
172000
135000
465000
5281000
339000
231000
213000
158870000
148249000
10621000
247000
47594000
22353000
8742000
48029000
19383000
1901000
70428000
64724000
5704000
40656000
6433000
11437000
4012000
2186000
5879000
4459000
1420000
2000
1407000
2199000
26000
532000
169000
124000
7376000
6317000
1059000
1674000
4500000
86000
38000
19000
228536000
216554000
11982000
3444000
49666000
48238000
32636000
48231000
32438000
1901000
469037000
459137000
9900000
9492000
80551000
183582000
85955000
47919000
51638000
6639000
5014000
1625000
178000
1409000
2434000
144000
532000
193000
124000
14212000
12981000
1231000
135000
2139000
9781000
425000
269000
232000
845000
121000
607000
3400000
5123000
5690000
5947000
113
2
0.866
22000
804000
1400000
660000
2
8
242000
752000
414000
3900000
34000
246000
7100000
4600000
1700000
689000
488000
8400000
4600000
5800000
722000
307000
3700000
6700000
-1518000
-9808000
-2319000
2
0.027
0.333
143000
3600000
57000
4500000
0.1110
0.073
0.150
0.076
415000
343000
184000
5000
343000
354000
6400000
1000000
2637000
3904000
3900000
2885000
3100000
5900000
1900000
36300000
30800000
15300000
2
3300000
31364000
22200000
9164000
31364000
22200000
9164000
11611000
11611000
11611000
11611000
2850000
2850000
3447000
3447000
42975000
42975000
P24Y7M6D
P7Y
P27Y6M
1.00
57850
269951
672867
-0.02
-0.05
25000
1358992
526985000
589042000
653534000
533909000
221938000
264786000
295334000
37452000
40700000
1400000
-4700000
11700000
7500000
5700000
1300000
-1000000
-3700000
27418000
27300000
-5700000
7900000
5000000
4200000
5900000
16318000
25400000
-12600000
17300000
10500000
3500000
184486000
237368000
279016000
19485000
25942000
31957000
171925000
149369000
182567000
191410000
175311000
214524000
646452000
-37225000
12910000
-13707000
-5854000
2820000
-517000
-31371000
10090000
-13190000
1073300010733000
-1734000-1734000
24020002402000
2859000
-669000
422000
7874000
-1065000
1980000
2
100000000
102500000
96900000
35100000
111300000
48500000
241400000
43523000
-2560000
-3868000
35096000
667000
33000
47607000
-2558000
1074000
8307000
9124000
18554000
31100000
77078000
9000000
45624000
-13016000
15200000
59776000
4
71648000
85183000
97750000
34849000
38748000
41499000
392000
183000
600000
170000
2300000
2342000
2342000
7388000
7388000
5046000
5046000
4500000
6410000
11000000
12548000
88300000
79850000
88300000
79539000
104055000
89100000
104055000
84594000
7217000
15464000
20619000
44827000
15928000
14100000
5300000
12700000
4600000
2014-08-27
2015-02-17
2015-05-05
2015-08-05
2015-11-03
2015-11-03
2016-02-16
2.45
1.64
0.16
0.16
0.16
0.16
1.00
0.20
2014-06-30
2015-03-16
2015-06-15
2015-09-14
2015-12-14
2015-12-14
2016-03-14
2015-03-31
2015-06-30
2015-09-30
2015-12-28
2015-12-28
2016-03-28
70000000
47800000
385000
4600000
4600000
4700000
4700000
29200000
2166250
3104768
2058085
2287500
50000
993518
10627
1047500
341264
171250
55000
1570100
1751249
1217903
15.51
17.27
18.11
15.5
16.83
21
24.32
32.07
15.66
15.65
15.65
15.54
15.51
16.85
234922
340474
340474
21
21
21
32.07
647000
589000
3735000
139000
135000
1025000
50000
3171150
58660
42860
1843481
7500000
P2Y4M24D
P4Y2M12D
P3Y4M24D
<div style="widows: 1; text-transform: none; margin-top: pt; text-indent: 0px; width: 436pt; font: 13px/12pt 'times new roman', times, serif; white-space: normal; letter-spacing: normal; color: #000000; margin-left: pt; word-spacing: 0px; -webkit-text-stroke-width: 0px;">
<p><strong>3. Deferred Policy Acquisition Costs</strong></p>
<div>An analysis of deferred policy acquisition costs is as follows:</div>
</div>
<table align="center" style="widows: 1; text-transform: none; margin-top: 8pt; text-indent: 0px; width: 100%; border-collapse: collapse; font: 13px 'times new roman', times, serif; white-space: normal; letter-spacing: normal; height: 131px; color: #000000; word-spacing: 0px; -webkit-text-stroke-width: 0px;" border="0">
<tr style="text-align: left; text-transform: none; font: bold 8pt/8pt 'times new roman', times, serif; white-space: nowrap; color: #000000; vertical-align: bottom;">
<td style="border-bottom: #ffffff 1px solid; padding-bottom: 0.5pt; padding-left: 0pt; width: 271.89pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="border-bottom: #ffffff 1px solid; width: 6pt; padding: 0pt;">​</td>
<td style="border-bottom: #ffffff 1px solid; width: 6pt; padding: 0pt;">​</td>
<td style="border-bottom: #000000 1px solid; text-align: center; padding-bottom: 1.25pt; padding-left: 0pt; width: 0pt; padding-right: 0pt; padding-top: 0pt;" colspan="16">
<div style="text-align: center; white-space: nowrap;">Year Ended December 31,</div>
</td>
<td style="border-bottom: #ffffff 1px solid; width: 0pt; padding: 0pt;">​</td>
</tr>
<tr style="text-align: center; text-transform: none; font: bold 8pt/8pt 'times new roman', times, serif; white-space: nowrap; color: #000000; vertical-align: bottom;">
<td style="border-bottom: #ffffff 1px solid; text-align: left; padding-bottom: 0.5pt; padding-left: 0pt; width: 271.89pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="border-bottom: #ffffff 1px solid; width: 6pt; padding: 0pt;">​</td>
<td style="border-bottom: #ffffff 1px solid; width: 6pt; padding: 0pt;">​</td>
<td style="border-bottom: #000000 1px solid; padding-bottom: 1.25pt; padding-left: 0pt; padding-right: 0pt; padding-top: 2pt;" colspan="4">
<div style="text-align: center; white-space: nowrap;">2015</div>
</td>
<td style="border-bottom: #ffffff 1px solid; width: 6pt; padding: 0pt;">​</td>
<td style="border-bottom: #ffffff 1px solid; width: 6pt; padding: 0pt;">​</td>
<td style="border-bottom: #000000 1px solid; padding-bottom: 1.25pt; padding-left: 0pt; padding-right: 0pt; padding-top: 2pt;" colspan="4">
<div style="text-align: center; white-space: nowrap;">2014</div>
</td>
<td style="border-bottom: #ffffff 1px solid; width: 6pt; padding: 0pt;">​</td>
<td style="border-bottom: #ffffff 1px solid; width: 6pt; padding: 0pt;">​</td>
<td style="border-bottom: #000000 1px solid; padding-bottom: 1.25pt; padding-left: 0pt; padding-right: 0pt; padding-top: 2pt;" colspan="4">
<div style="text-align: center; white-space: nowrap;">2013</div>
</td>
<td style="border-bottom: #ffffff 1px solid; width: 0pt; padding: 0pt;">​</td>
</tr>
<tr style="text-align: left; text-transform: none; font: bold italic 8pt/8pt 'times new roman', times, serif; white-space: nowrap; color: #000000; vertical-align: bottom;">
<td style="padding-bottom: 0.5pt; padding-left: 0pt; width: 271.89pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="text-align: center; padding-bottom: 0.5pt; padding-left: 0pt; width: 0pt; padding-right: 0pt; padding-top: 2pt;" colspan="16">
<div style="text-align: center; white-space: nowrap;">(in thousands)</div>
</td>
<td style="width: 0pt; padding: 0pt;">​</td>
</tr>
<tr style="text-align: right; text-transform: none; background-color: #cceeff; font: 10pt/10pt 'times new roman', times, serif; white-space: nowrap; color: #000000; vertical-align: bottom;">
<td style="text-align: left; padding-bottom: 0.5pt; padding-left: 0pt; width: 271.89pt; padding-right: 0pt; padding-top: 2.25pt;">
<div style="white-space: nowrap;">Balance at beginning of period</div>
</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="min-width: 3.75pt; text-align: right; padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 2.25pt;">$</td>
<td style="min-width: 23.25pt; text-align: right; padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 2.25pt;">60,202</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="min-width: 3.75pt; text-align: right; padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 2.25pt;">$</td>
<td style="min-width: 23.25pt; text-align: right; padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 2.25pt;">46,204</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="min-width: 3.75pt; text-align: right; padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 2.25pt;">$</td>
<td style="min-width: 23.25pt; text-align: right; padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 2.25pt;">49,336</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
</tr>
<tr style="text-align: left; text-transform: none; font: 10pt/10pt 'times new roman', times, serif; white-space: nowrap; color: #000000; vertical-align: bottom;">
<td style="padding-bottom: 0.5pt; padding-left: 0pt; width: 271.89pt; padding-right: 0pt; padding-top: 2.25pt;">Policy acquisition costs deferred:</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td colspan="6">​</td>
<td colspan="6">​</td>
<td colspan="6">​</td>
</tr>
<tr style="text-align: right; text-transform: none; background-color: #cceeff; font: 10pt/10pt 'times new roman', times, serif; white-space: nowrap; color: #000000; vertical-align: bottom;">
<td style="text-align: left; padding-bottom: 0.5pt; padding-left: 0pt; width: 271.89pt; padding-right: 0pt; padding-top: 2.25pt;">
<div style="margin-left: 10pt;">Commissions</div>
</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="min-width: 3.75pt; text-align: right; padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 2.25pt;">​</td>
<td style="min-width: 23.25pt;
text-align: right; padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 2.25pt;">90,342</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="min-width: 3.75pt; text-align: right; padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 2.25pt;">​</td>
<td style="min-width: 23.25pt; text-align: right; padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 2.25pt;">93,646</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="min-width: 3.75pt; text-align: right; padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 2.25pt;">​</td>
<td style="min-width: 23.25pt; text-align: right; padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 2.25pt;">63,958</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
</tr>
<tr style="text-align: right; text-transform: none; font: 10pt/10pt 'times new roman', times, serif; white-space: nowrap; color: #000000; vertical-align: bottom;">
<td style="border-bottom: #ffffff 1px solid; text-align: left; padding-bottom: 1.25pt; padding-left: 0pt; width: 271.89pt; padding-right: 0pt; padding-top: 2.25pt;">
<div style="margin-left: 10pt;">Underwriting and other issue expenses</div>
</td>
<td style="border-bottom: #ffffff 1px solid; width: 6pt; padding: 0pt;">​</td>
<td style="border-bottom: #ffffff 1px solid; width: 6pt; padding: 0pt;">​</td>
<td style="border-bottom: #ffffff 1px solid; width: 0pt; padding: 0pt;">​</td>
<td style="border-bottom: #000000 1px solid; min-width: 3.75pt; text-align: right; padding-bottom: 1.25pt; padding-left: 0pt; padding-right: 0pt; padding-top: 2.25pt;">​</td>
<td style="border-bottom: #000000 1px solid; min-width: 23.25pt; text-align: right; padding-bottom: 1.25pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 2.25pt;">7,960</td>
<td style="border-bottom: #ffffff 1px solid; width: 0pt; padding: 0pt;">​</td>
<td style="border-bottom: #ffffff 1px solid; width: 6pt; padding: 0pt;">​</td>
<td style="border-bottom: #ffffff 1px solid; width: 6pt; padding: 0pt;">​</td>
<td style="border-bottom: #ffffff 1px solid; width: 0pt; padding: 0pt;">​</td>
<td style="border-bottom: #000000 1px solid; min-width: 3.75pt; text-align: right; padding-bottom: 1.25pt; padding-left: 0pt; padding-right: 0pt; padding-top: 2.25pt;">​</td>
<td style="border-bottom: #000000 1px solid; min-width: 23.25pt; text-align: right; padding-bottom: 1.25pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 2.25pt;">5,535</td>
<td style="border-bottom: #ffffff 1px solid; width: 0pt; padding: 0pt;">​</td>
<td style="border-bottom: #ffffff 1px solid; width: 6pt; padding: 0pt;">​</td>
<td style="border-bottom: #ffffff 1px solid; width: 6pt; padding: 0pt;">​</td>
<td style="border-bottom: #ffffff 1px solid; width: 0pt; padding: 0pt;">​</td>
<td style="border-bottom: #000000 1px solid; min-width: 3.75pt; text-align: right; padding-bottom: 1.25pt; padding-left: 0pt; padding-right: 0pt; padding-top: 2.25pt;">​</td>
<td style="border-bottom: #000000 1px solid; min-width: 23.25pt; text-align: right; padding-bottom: 1.25pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 2.25pt;">4,558</td>
<td style="border-bottom: #ffffff 1px solid; width: 0pt; padding: 0pt;">​</td>
<td style="border-bottom: #ffffff 1px solid; width: 0pt; padding: 0pt;">​</td>
</tr>
<tr style="text-align: right; text-transform: none; background-color: #cceeff; font: 10pt/10pt 'times new roman', times, serif; white-space: nowrap; color: #000000; vertical-align: bottom;">
<td style="text-align: left; padding-bottom: 0.5pt; padding-left: 0pt; width: 271.89pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="min-width: 3.75pt; text-align: right; padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 2pt;">​</td>
<td style="min-width: 23.25pt; text-align: right; padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 2pt;">98,302</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="min-width: 3.75pt; text-align: right; padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 2pt;">​</td>
<td style="min-width: 23.25pt; text-align: right; padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 2pt;">99,181</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="min-width: 3.75pt; text-align: right; padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 2pt;">​</td>
<td style="min-width: 23.25pt; text-align: right; padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 2pt;">68,516</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
</tr>
<tr style="text-align: right; text-transform: none; font: 10pt/10pt 'times new roman', times, serif; white-space: nowrap; color: #000000; vertical-align: bottom;">
<td style="border-bottom: #ffffff 1px solid; text-align: left; padding-bottom: 1.25pt; padding-left: 0pt; width: 271.89pt; padding-right: 0pt; padding-top: 2.25pt;">
<div style="white-space: nowrap;">Amortization of policy acquisition costs</div>
</td>
<td style="border-bottom: #ffffff 1px solid; width: 6pt; padding: 0pt;">​</td>
<td style="border-bottom: #ffffff 1px solid; width: 6pt; padding: 0pt;">​</td>
<td style="border-bottom: #ffffff 1px solid; width: 0pt; padding: 0pt;">​</td>
<td style="border-bottom: #000000 1px solid; min-width: 3.75pt; text-align: right; padding-bottom: 1.25pt; padding-left: 0pt; padding-right: 0pt; padding-top: 2.25pt;">​</td>
<td style="border-bottom: #000000 1px solid; min-width: 23.25pt; text-align: right; padding-bottom: 1.25pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 2.25pt;">(97,750<font style="position: absolute;">)</font></td>
<td style="border-bottom:
#ffffff 1px solid; width: 0pt; padding: 0pt;">​</td>
<td style="border-bottom: #ffffff 1px solid; width: 6pt; padding: 0pt;">​</td>
<td style="border-bottom: #ffffff 1px solid; width: 6pt; padding: 0pt;">​</td>
<td style="border-bottom: #ffffff 1px solid; width: 0pt; padding: 0pt;">​</td>
<td style="border-bottom: #000000 1px solid; min-width: 3.75pt; text-align: right; padding-bottom: 1.25pt; padding-left: 0pt; padding-right: 0pt; padding-top: 2.25pt;">​</td>
<td style="border-bottom: #000000 1px solid; min-width: 23.25pt; text-align: right; padding-bottom: 1.25pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 2.25pt;">(85,183<font style="position: absolute;">)</font></td>
<td style="border-bottom: #ffffff 1px solid; width: 0pt; padding: 0pt;">​</td>
<td style="border-bottom: #ffffff 1px solid; width: 6pt; padding: 0pt;">​</td>
<td style="border-bottom: #ffffff 1px solid; width: 6pt; padding: 0pt;">​</td>
<td style="border-bottom: #ffffff 1px solid; width: 0pt; padding: 0pt;">​</td>
<td style="border-bottom: #000000 1px solid; min-width: 3.75pt; text-align: right; padding-bottom: 1.25pt; padding-left: 0pt; padding-right: 0pt; padding-top: 2.25pt;">​</td>
<td style="border-bottom: #000000 1px solid; min-width: 23.25pt; text-align: right; padding-bottom: 1.25pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 2.25pt;">(71,648<font style="position: absolute;">)</font></td>
<td style="border-bottom: #ffffff 1px solid; width: 0pt; padding: 0pt;">​</td>
<td style="border-bottom: #ffffff 1px solid; width: 0pt; padding: 0pt;">​</td>
</tr>
<tr style="text-align: right; text-transform: none; background-color: #cceeff; font: 10pt/10pt 'times new roman', times, serif; white-space: nowrap; color: #000000; vertical-align: bottom;">
<td style="border-bottom: #cceeff 1px solid; text-align: left; padding-bottom: 1.25pt; padding-left: 0pt; width: 271.89pt; padding-right: 0pt; padding-top: 2pt;">
<div style="white-space: nowrap;">Net change</div>
</td>
<td style="border-bottom: #cceeff 1px solid; width: 6pt; padding: 0pt;">​</td>
<td style="border-bottom: #cceeff 1px solid; width: 6pt; padding: 0pt;">​</td>
<td style="border-bottom: #cceeff 1px solid; width: 0pt; padding: 0pt;">​</td>
<td style="border-bottom: #000000 1px solid; min-width: 3.75pt; text-align: right; padding-bottom: 1.25pt; padding-left: 0pt; padding-right: 0pt; padding-top: 2pt;">​</td>
<td style="border-bottom: #000000 1px solid; min-width: 23.25pt; text-align: right; padding-bottom: 1.25pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 2pt;">552</td>
<td style="border-bottom: #cceeff 1px solid; width: 0pt; padding: 0pt;">​</td>
<td style="border-bottom: #cceeff 1px solid; width: 6pt; padding: 0pt;">​</td>
<td style="border-bottom: #cceeff 1px solid; width: 6pt; padding: 0pt;">​</td>
<td style="border-bottom: #cceeff 1px solid; width: 0pt; padding: 0pt;">​</td>
<td style="border-bottom: #000000 1px solid; min-width: 3.75pt; text-align: right; padding-bottom: 1.25pt; padding-left: 0pt; padding-right: 0pt; padding-top: 2pt;">​</td>
<td style="border-bottom: #000000 1px solid; min-width: 23.25pt; text-align: right; padding-bottom: 1.25pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 2pt;">13,998</td>
<td style="border-bottom: #cceeff 1px solid; width: 0pt; padding: 0pt;">​</td>
<td style="border-bottom: #cceeff 1px solid; width: 6pt; padding: 0pt;">​</td>
<td style="border-bottom: #cceeff 1px solid; width: 6pt; padding: 0pt;">​</td>
<td style="border-bottom: #cceeff 1px solid; width: 0pt; padding: 0pt;">​</td>
<td style="border-bottom: #000000 1px solid; min-width: 3.75pt; text-align: right; padding-bottom: 1.25pt; padding-left: 0pt; padding-right: 0pt; padding-top: 2pt;">​</td>
<td style="border-bottom: #000000 1px solid; min-width: 23.25pt; text-align: right; padding-bottom: 1.25pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 2pt;">(3,132<font style="position: absolute;">)</font></td>
<td style="border-bottom: #cceeff 1px solid; width: 0pt; padding: 0pt;">​</td>
<td style="border-bottom: #cceeff 1px solid; width: 0pt; padding: 0pt;">​</td>
</tr>
<tr style="text-align: right; text-transform: none; font: 10pt/10pt 'times new roman', times, serif; white-space: nowrap; color: #000000; vertical-align: bottom;">
<td style="text-align: left; padding-bottom: 2.75pt; padding-left: 0pt; width: 271.89pt; padding-right: 0pt; padding-top: 2pt;">
<div style="white-space: nowrap;">Balance at end of period</div>
</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="border-bottom: #000000 3px double; min-width: 3.75pt; text-align: right; padding-bottom: 2pt; padding-left: 0pt; padding-right: 0pt; padding-top: 2pt;">$</td>
<td style="border-bottom: #000000 3px double; min-width: 23.25pt; text-align: right; padding-bottom: 2pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 2pt;">60,754</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="border-bottom: #000000 3px double; min-width: 3.75pt; text-align: right; padding-bottom: 2pt; padding-left: 0pt; padding-right: 0pt; padding-top: 2pt;">$</td>
<td style="border-bottom: #000000 3px double; min-width: 23.25pt; text-align: right; padding-bottom: 2pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 2pt;">60,202</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="border-bottom: #000000 3px double; min-width: 3.75pt; text-align: right; padding-bottom: 2pt; padding-left: 0pt; padding-right: 0pt; padding-top: 2pt;">$</td>
<td style="border-bottom: #000000 3px double; min-width: 23.25pt; text-align: right; padding-bottom: 2pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 2pt;">46,204</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
</tr>
<tr style="line-height: 5.25pt; height: 5.25pt;">
<td style="line-height: 0pt; font-size: 0pt; padding: 0pt;" colspan="23">​</td>
</tr>
</table>
4558000
5535000
7960000
68516000
99181000
98302000
63958000
93646000
90342000
71648000
85183000
97750000
-3132000
13998000
552000
<div style="text-align: left; widows: 1; text-transform: none; margin-top: 13pt; text-indent: 0px; font: bold 13px/11pt 'times new roman', times, serif; white-space: nowrap; margin-bottom: 0pt; float: left; letter-spacing: normal; color: #000000; word-spacing: 0px; -webkit-text-stroke-width: 0px;">5.      </div>
<div style="text-align: left; widows: 1; text-transform: none; margin-top: 13pt; text-indent: 0px; font: bold 13px/11pt 'times new roman', times, serif; white-space: normal; margin-bottom: 0pt; float: left; letter-spacing: normal; color: #000000; word-spacing: 0px; -webkit-text-stroke-width: 0px;">Property and Equipment, Net</div>
<div style="widows: 1; text-transform: none; text-indent: 0px; margin: 0pt; font: 0pt/0pt 'times new roman', times, serif; white-space: normal; letter-spacing: normal; color: #000000; clear: both; word-spacing: 0px; -webkit-text-stroke-width: 0px; padding: 0pt;">​</div>
<div style="widows: 1; text-transform: none; margin-top: 6pt; text-indent: 0px; font: 13px/12pt 'times new roman', times, serif; white-space: normal; letter-spacing: normal; color: #000000; margin-left: 20pt; word-spacing: 0px; -webkit-text-stroke-width: 0px;">Property and equipment, net of accumulated depreciation, consists of the following:</div>
<table style="widows: 1; text-transform: none; margin-top: 8pt; text-indent: 0px; width: 80%; border-collapse: collapse; font: 13px 'times new roman', times, serif; white-space: normal; letter-spacing: normal; height: 138px; color: #000000; margin-left: 20pt; word-spacing: 0px; -webkit-text-stroke-width: 0px;" border="0">
<tr style="text-align: left; text-transform: none; font: bold 8pt/8pt 'times new roman', times, serif; white-space: nowrap; color: #000000; vertical-align: bottom;">
<td style="border-bottom: #ffffff 1px solid; padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="border-bottom: #ffffff 1px solid; padding: 0pt;">​</td>
<td style="border-bottom: #ffffff 1px solid; padding: 0pt;">​</td>
<td style="border-bottom: #000000 1px solid; text-align: center; padding-bottom: 2.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 0pt;" colspan="10">
<div style="text-align: center; white-space: nowrap;">December 31,</div>
</td>
<td style="border-bottom: #ffffff 1px solid; padding: 0pt;">​</td>
</tr>
<tr style="text-align: center; text-transform: none; font: bold 8pt/8pt 'times new roman', times, serif; white-space: nowrap; color: #000000; vertical-align: bottom;">
<td style="border-bottom: #ffffff 1px solid; text-align: left; padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="border-bottom: #ffffff 1px solid; padding: 0pt;">​</td>
<td style="border-bottom: #ffffff 1px solid; padding: 0pt;">​</td>
<td style="border-bottom: #000000 1px solid; padding-bottom: 2.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.25pt;" colspan="4">
<div style="text-align: center; white-space: nowrap;">2015</div>
</td>
<td style="border-bottom: #ffffff 1px solid; padding: 0pt;">​</td>
<td style="border-bottom: #ffffff 1px solid; padding: 0pt;">​</td>
<td style="border-bottom: #000000 1px solid; padding-bottom: 2.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.25pt;" colspan="4">
<div style="text-align: center; white-space: nowrap;">2014</div>
</td>
<td style="border-bottom: #ffffff 1px solid; padding: 0pt;">​</td>
</tr>
<tr style="text-align: left; text-transform: none; font: bold italic 8pt/8pt 'times new roman', times, serif; white-space: nowrap; color: #000000; vertical-align: bottom;">
<td style="padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="text-align: center; padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.25pt;" colspan="10">
<div style="text-align: center; white-space: nowrap;">(in thousands)</div>
</td>
<td style="padding: 0pt;">​</td>
</tr>
<tr style="text-align: right; text-transform: none; background-color: #cceeff; font: 10pt/12pt 'times new roman', times, serif; white-space: nowrap; color: #000000; vertical-align: bottom;">
<td style="text-align: left; padding-bottom: 0.833pt; padding-left: 0pt; padding-right: 0pt; white-space: normal; padding-top: 2.167pt;">
<div style="text-indent: -10pt; margin-left: 10pt;">Building, leased for which the Company has been deemed the owner for accounting purposes (Note 22)</div>
</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding-bottom: 0.833pt; padding-left: 0pt; padding-right: 0pt; padding-top: 2.167pt;">$</td>
<td style="padding-bottom: 0.833pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 2.167pt;">29,940</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding-bottom: 0.833pt; padding-left: 0pt; padding-right: 0pt; padding-top: 2.167pt;">$</td>
<td style="padding-bottom: 0.833pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 2.167pt;">29,917</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
</tr>
<tr style="text-align: right; text-transform: none; font: 10pt/10pt 'times new roman', times, serif; white-space: nowrap; color: #000000; vertical-align: bottom;">
<td style="text-align: left; padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.5pt;">
<div style="white-space: nowrap;">Electronic data processing hardware and software</div>
</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.5pt;">​</td>
<td style="padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3.5pt;">3,481</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.5pt;">​</td>
<td style="padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3.5pt;">3,353</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
</tr>
<tr style="text-align: right; text-transform: none; background-color: #cceeff; font: 10pt/10pt 'times new roman', times, serif; white-space: nowrap; color: #000000; vertical-align: bottom;">
<td style="border-bottom: #cceeff 1px solid; text-align: left; padding-bottom: 2.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.5pt;">
<div style="white-space: nowrap;">Furniture and equipment</div>
</td>
<td style="border-bottom: #cceeff 1px solid; padding: 0pt;">​</td>
<td style="border-bottom: #cceeff 1px solid; padding: 0pt;">​</td>
<td style="border-bottom: #cceeff 1px solid; padding: 0pt;">​</td>
<td style="border-bottom: #000000 1px solid; padding-bottom: 2.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.5pt;">​</td>
<td style="border-bottom: #000000 1px solid; padding-bottom: 2.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3.5pt;">2,183</td>
<td style="border-bottom: #cceeff 1px solid; padding: 0pt;">​</td>
<td style="border-bottom: #cceeff 1px solid; padding: 0pt;">​</td>
<td style="border-bottom: #cceeff 1px solid; padding: 0pt;">​</td>
<td style="border-bottom: #cceeff 1px solid; padding: 0pt;">​</td>
<td style="border-bottom: #000000 1px solid; padding-bottom: 2.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.5pt;">​</td>
<td style="border-bottom: #000000 1px solid; padding-bottom: 2.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3.5pt;">1,893</td>
<td style="border-bottom: #cceeff 1px solid; padding: 0pt;">​</td>
<td style="border-bottom: #cceeff 1px solid; padding: 0pt;">​</td>
</tr>
<tr style="text-align: right; text-transform: none; font: 10pt/10pt 'times new roman', times, serif; white-space: nowrap; color: #000000; vertical-align: bottom;">
<td style="text-align: left; padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.25pt;">
<div style="white-space: nowrap;">Property and equipment, cost basis</div>
</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.25pt;">​</td>
<td style="padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3.25pt;">35,604</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.25pt;">​</td>
<td style="padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3.25pt;">35,163</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
</tr>
<tr style="text-align: right; text-transform: none; background-color: #cceeff; font: 10pt/10pt 'times new roman', times, serif; white-space: nowrap; color: #000000; vertical-align: bottom;">
<td style="border-bottom: #cceeff 1px solid; text-align: left; padding-bottom: 2.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.5pt;">
<div style="white-space: nowrap;">Accumulated depreciation</div>
</td>
<td style="border-bottom: #cceeff 1px solid; padding: 0pt;">​</td>
<td style="border-bottom: #cceeff 1px solid; padding: 0pt;">​</td>
<td style="border-bottom: #cceeff 1px solid; padding: 0pt;">​</td>
<td style="border-bottom: #000000 1px solid; padding-bottom: 2.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.5pt;">​</td>
<td style="border-bottom: #000000 1px solid; padding-bottom: 2.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3.5pt;">(11,615<font style="position: absolute;">)</font></td>
<td style="border-bottom: #cceeff 1px solid; padding: 0pt;">​</td>
<td style="border-bottom: #cceeff 1px solid; padding: 0pt;">​</td>
<td style="border-bottom: #cceeff 1px solid; padding: 0pt;">​</td>
<td style="border-bottom: #cceeff 1px solid; padding: 0pt;">​</td>
<td style="border-bottom: #000000 1px solid; padding-bottom: 2.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.5pt;">​</td>
<td style="border-bottom: #000000 1px solid; padding-bottom: 2.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3.5pt;">(10,186<font style="position: absolute;">)</font></td>
<td style="border-bottom: #cceeff 1px solid; padding: 0pt;">​</td>
<td style="border-bottom: #cceeff 1px solid; padding: 0pt;">​</td>
</tr>
<tr style="text-align: right; text-transform: none; font: 10pt/10pt 'times new roman', times, serif; white-space: nowrap; color: #000000; vertical-align: bottom;">
<td style="text-align: left; padding-bottom: 2.75pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.25pt;">
<div style="white-space: nowrap;">Property and equipment, net</div>
</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="border-bottom: #000000 3px double; padding-bottom: 2pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.25pt;">$</td>
<td style="border-bottom: #000000 3px double; padding-bottom: 2pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3.25pt;">23,989</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="border-bottom: #000000 3px double; padding-bottom: 2pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.25pt;">$</td>
<td style="border-bottom: #000000 3px double; padding-bottom: 2pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3.25pt;">24,977</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
</tr>
<tr style="line-height: 4pt; height: 4pt;">
<td style="line-height: 0pt; font-size: 0pt; padding: 0pt;" colspan="16">​</td>
</tr>
</table>
35163000
29917000
3353000
1893000
35604000
29940000
3481000
2183000
10186000
11615000
24977000
23989000
<div style="text-align: left; widows: 1; text-transform: none; margin-top: pt; text-indent: 0px; font: bold 13px/11pt 'times new roman', times, serif; white-space: normal; margin-bottom: 0pt; float: left; letter-spacing: normal; color: #000000; word-spacing: 0px; -webkit-text-stroke-width: 0px;">7. Reinsurance</div>
<div style="widows: 1; text-transform: none; text-indent: 0px; margin: 0pt; font: 0pt/0pt 'times new roman', times, serif; white-space: normal; letter-spacing: normal; color: #000000; clear: both; word-spacing: 0px; -webkit-text-stroke-width: 0px; padding: 0pt;">​</div>
<div style="widows: 1; text-transform: none; margin-top: 6pt; text-indent: 20pt; font: 13px/12pt 'times new roman', times, serif; white-space: normal; letter-spacing: normal; color: #000000; word-spacing: 0px; -webkit-text-stroke-width: 0px;">The Company’s insurance subsidiaries remain liable to policyholders if its reinsurers are unable to meet their contractual obligations under applicable reinsurance agreements. To minimize exposure to significant losses from reinsurance insolvencies, the Company evaluates the financial condition of its reinsurers and monitors concentrations of credit risk. The Company’s reinsurance contracts generally require reinsurers that are not authorized as reinsurers under U.S. state insurance regulations or that experience rating downgrades from rating agencies below specified levels to fund their share of the Company’s ceded outstanding losses and loss adjustment expense reserves, typically through the use of irrevocable and unconditional letters of credit. In fronting arrangements, which the Company conducts through its Specialty Admitted Insurance segment, we are subject to credit risk with regard to insurance companies who act as reinsurers for us in such arrangements. We customarily require a collateral trust arrangement to secure the obligations of the insurance entity for whom we are fronting.</div>
<div style="widows: 1; text-transform: none; margin-top: 6pt; text-indent: 20pt; font: 13px/12pt 'times new roman', times, serif; white-space: normal; letter-spacing: normal; color: #000000; word-spacing: 0px; -webkit-text-stroke-width: 0px;">At December 31, 2015, the Company had reinsurance recoverables on unpaid losses of  $131.8 million and reinsurance recoverables on paid losses of  $11.3 million. All of these reinsurance recoverables are from companies with A.M. Best Company ratings of  “A-” (Excellent) or better, or are collateralized with letters of credit or by a trust agreement. The Company has a reinsurance agreement that is secured by a trust agreement with American Empire Surplus Lines Insurance Company (“American Empire”) and an irrevocable and unconditional guarantee by Great American Insurance Company, an affiliate of American Empire. At December 31, 2015, the fair value of assets in the trust was $695,000 and reinsurance recoverables from American Empire were $316,000.
<div style="widows: 1; text-transform: none; margin-top: 6pt; text-indent: 20pt; font: 13px/12pt 'times new roman', times, serif; white-space: normal; letter-spacing: normal; color: #000000; word-spacing: 0px; -webkit-text-stroke-width: 0px;">At December 31, 2015, reinsurance recoverables on unpaid losses from the Company’s three largest reinsurers were $33.6 million, $26.6 million, and $15.3 million, representing 57.2% of the total balance.</div>
<div style="widows: 1; text-transform: none; margin-top: 6pt; text-indent: 20pt; font: 13px/12pt 'times new roman', times, serif; white-space: normal; letter-spacing: normal; color: #000000; word-spacing: 0px; -webkit-text-stroke-width: 0px;">At December 31, 2015, prepaid reinsurance premiums ceded to three reinsurers totaled $11.6 million, $7.3 million, and $6.6 million, representing 57.5% of the total balance.</div>
<div style="widows: 1; text-transform: none; margin-top: 6pt; text-indent: 20pt; font: 13px/12pt 'times new roman', times, serif; white-space: normal; letter-spacing: normal; color: #000000; word-spacing: 0px; -webkit-text-stroke-width: 0px;">Under the terms of a reinsurance agreement with Infinity Insurance Company in connection with the Company’s acquisition of two “shell” insurance companies in 2011, all liabilities resulting from direct and assumed business written by the “shell” insurance companies through December 31, 2011 are ceded to Infinity Insurance Company.</div>
<div style="widows: 1; text-transform: none; margin-top: 6pt; text-indent: 20pt; font: 13px/12pt 'times new roman', times, serif; white-space: normal; letter-spacing: normal; color: #000000; word-spacing: 0px; -webkit-text-stroke-width: 0px;">Premiums written, premiums earned, and losses and loss adjustment expenses incurred are summarized as follows:</div>
<table align="center" style="widows: 1; text-transform: none; margin-top: 8pt; text-indent: 0px; width: 100%; border-collapse: collapse; font: 13px 'times new roman', times, serif; white-space: normal; letter-spacing: normal; height: 266px; color: #000000; word-spacing: 0px; -webkit-text-stroke-width: 0px;" border="0">
<tr style="text-align: left; text-transform: none; font: bold 8pt/8pt 'times new roman', times, serif; white-space: nowrap; color: #000000; vertical-align: bottom;">
<td style="border-bottom: #ffffff 1px solid; padding-bottom: 0.5pt; padding-left: 0pt; width: 263.55pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="border-bottom: #ffffff 1px solid; width: 6pt; padding: 0pt;">​</td>
<td style="border-bottom: #ffffff 1px solid; width: 6pt; padding: 0pt;">​</td>
<td style="border-bottom: #000000 1px solid; text-align: center; padding-bottom: 2.5pt; padding-left: 0pt; width: 0pt; padding-right: 0pt; padding-top: 0pt;" colspan="16">
<div style="text-align: center; white-space: nowrap;">Year Ended December 31,</div>
</td>
<td style="border-bottom: #ffffff 1px solid; width: 0pt; padding: 0pt;">​</td>
</tr>
<tr style="text-align: center; text-transform: none; font: bold 8pt/8pt 'times new roman', times, serif; white-space: nowrap; color: #000000; vertical-align: bottom;">
<td style="border-bottom: #ffffff 1px solid; text-align: left; padding-bottom: 0.5pt; padding-left: 0pt; width: 263.55pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="border-bottom: #ffffff 1px solid; width: 6pt; padding: 0pt;">​</td>
<td style="border-bottom: #ffffff 1px solid; width: 6pt; padding: 0pt;">​</td>
<td style="border-bottom: #000000 1px solid; padding-bottom: 2.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.25pt;" colspan="4">
<div style="text-align: center; white-space: nowrap;">2015</div>
</td>
<td style="border-bottom: #ffffff 1px solid; width: 6pt; padding: 0pt;">​</td>
<td style="border-bottom: #ffffff 1px solid; width: 6pt; padding: 0pt;">​</td>
<td style="border-bottom: #000000 1px solid; padding-bottom: 2.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.25pt;" colspan="4">
<div style="text-align: center; white-space: nowrap;">2014</div>
</td>
<td style="border-bottom: #ffffff 1px solid; width: 6pt; padding: 0pt;">​</td>
<td style="border-bottom: #ffffff 1px solid; width: 6pt; padding: 0pt;">​</td>
<td style="border-bottom: #000000 1px solid; padding-bottom: 2.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.25pt;" colspan="4">
<div style="text-align: center; white-space: nowrap;">2013</div>
</td>
<td style="border-bottom: #ffffff 1px solid; width: 0pt; padding: 0pt;">​</td>
</tr>
<tr style="text-align: left; text-transform: none; font: bold italic 8pt/8pt 'times new roman', times, serif; white-space: nowrap; color: #000000; vertical-align: bottom;">
<td style="padding-bottom: 0.5pt; padding-left: 0pt; width: 263.55pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="text-align: center; padding-bottom: 0.5pt; padding-left: 0pt; width: 0pt; padding-right: 0pt; padding-top: 3.25pt;" colspan="16">
<div style="text-align: center; white-space: nowrap;">(in thousands)</div>
</td>
<td style="width: 0pt; padding: 0pt;">​</td>
</tr>
<tr style="text-align: right; text-transform: none; background-color: #cceeff; font: 10pt/10pt 'times new roman', times, serif; white-space: nowrap; color: #000000; vertical-align: bottom;">
<td style="text-align: left; padding-bottom: 1.5pt; padding-left: 0pt; width: 263.55pt; padding-right: 0pt; padding-top: 3.25pt;">Written premiums:</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="min-width: 3.75pt; text-align: right; padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="min-width: 27pt; text-align: right; padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="min-width: 3.75pt; text-align: right; padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="min-width: 24.75pt; text-align: right; padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="min-width: 3.75pt; text-align: right; padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="min-width: 24.75pt; text-align: right; padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
</tr>
<tr style="text-align: right; text-transform: none; font: 10pt/10pt 'times new roman', times, serif; white-space: nowrap; color: #000000; vertical-align: bottom;">
<td style="text-align: left; padding-bottom: 1.5pt; padding-left: 0pt; width: 263.55pt; padding-right: 0pt; padding-top: 3.5pt;">
<div style="margin-left: 10pt;">Direct</div>
</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="min-width: 3.75pt; text-align: right; padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.5pt;">$</td>
<td style="min-width: 27pt; text-align: right; padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3.5pt;">395,816</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="min-width: 3.75pt; text-align: right; padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.5pt;">$</td>
<td style="min-width: 24.75pt; text-align: right; padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3.5pt;">310,161</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="min-width: 3.75pt; text-align: right; padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.5pt;">$</td>
<td style="min-width: 24.75pt; text-align: right; padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3.5pt;">211,607</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
</tr>
<tr style="text-align: right; text-transform: none; background-color: #cceeff; font: 10pt/10pt 'times new roman', times, serif; white-space: nowrap; color: #000000; vertical-align: bottom;">
<td style="text-align: left; padding-bottom: 1.5pt; padding-left: 0pt; width: 263.55pt; padding-right: 0pt; padding-top: 3.5pt;">
<div style="margin-left: 10pt;">Assumed</div>
</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="min-width: 3.75pt; text-align: right; padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.5pt;">​</td>
<td style="min-width: 27pt; text-align: right; padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3.5pt;">176,378</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="min-width: 3.75pt; text-align: right; padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.5pt;">​</td>
<td style="min-width: 24.75pt; text-align: right; padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3.5pt;">208,606</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="min-width: 3.75pt; text-align: right; padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.5pt;">​</td>
<td style="min-width: 24.75pt; text-align: right; padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3.5pt;">156,911</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
</tr>
<tr style="text-align: right; text-transform: none; font: 10pt/10pt 'times new roman', times, serif; white-space: nowrap; color: #000000; vertical-align: bottom;">
<td style="border-bottom: #ffffff 1px solid; text-align: left; padding-bottom: 2.5pt; padding-left: 0pt; width: 263.55pt; padding-right: 0pt; padding-top: 3.5pt;">
<div style="margin-left: 10pt;">Ceded</div>
</td>
<td style="border-bottom: #ffffff 1px solid; width: 6pt; padding: 0pt;">​</td>
<td style="border-bottom: #ffffff 1px solid; width: 6pt; padding: 0pt;">​</td>
<td style="border-bottom: #ffffff 1px solid; width: 0pt; padding: 0pt;">​</td>
<td style="border-bottom: #000000 1px solid; min-width: 3.75pt; text-align: right; padding-bottom: 2.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.5pt;">​</td>
<td style="border-bottom: #000000 1px solid; min-width: 27pt; text-align: right; padding-bottom: 2.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3.5pt;">(101,162<font style="position: absolute;">)</font></td>
<td style="border-bottom: #ffffff 1px solid; width: 0pt; padding: 0pt;">​</td>
<td style="border-bottom: #ffffff 1px solid; width: 6pt; padding: 0pt;">​</td>
<td style="border-bottom: #ffffff 1px solid; width: 6pt; padding: 0pt;">​</td>
<td style="border-bottom: #ffffff 1px solid; width: 0pt; padding: 0pt;">​</td>
<td style="border-bottom: #000000 1px solid; min-width: 3.75pt; text-align: right; padding-bottom: 2.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.5pt;">​</td>
<td style="border-bottom: #000000 1px solid; min-width: 24.75pt; text-align: right; padding-bottom: 2.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3.5pt;">(68,684<font style="position: absolute;">)</font></td>
<td style="border-bottom: #ffffff 1px solid; width: 0pt; padding: 0pt;">​</td>
<td style="border-bottom: #ffffff 1px solid; width: 6pt; padding: 0pt;">​</td>
<td style="border-bottom: #ffffff 1px solid; width: 6pt; padding: 0pt;">​</td>
<td style="border-bottom: #ffffff 1px solid; width: 0pt; padding: 0pt;">​</td>
<td style="border-bottom: #000000 1px solid; min-width: 3.75pt; text-align: right; padding-bottom: 2.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.5pt;">​</td>
<td style="border-bottom: #000000 1px solid; min-width: 24.75pt; text-align: right; padding-bottom: 2.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3.5pt;">(43,352<font style="position: absolute;">)</font></td>
<td style="border-bottom: #ffffff 1px solid; width: 0pt; padding: 0pt;">​</td>
<td style="border-bottom: #ffffff 1px solid; width: 0pt; padding: 0pt;">​</td>
</tr>
<tr style="text-align: right; text-transform: none; background-color: #cceeff; font: 10pt/10pt 'times new roman', times, serif; white-space: nowrap; color: #000000; vertical-align: bottom;">
<td style="text-align: left; padding-bottom: 3.25pt; padding-left: 0pt; width: 263.55pt; padding-right: 0pt; padding-top: 3.25pt;">
<div style="margin-left: 10pt;">Net</div>
</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="border-bottom: #000000 3px double; min-width: 3.75pt; text-align: right; padding-bottom: 2.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.25pt;">$</td>
<td style="border-bottom: #000000 3px double; min-width: 27pt; text-align: right; padding-bottom: 2.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3.25pt;">471,032</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="border-bottom: #000000 3px double; min-width: 3.75pt; text-align: right; padding-bottom: 2.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.25pt;">$</td>
<td style="border-bottom: #000000 3px double; min-width: 24.75pt; text-align: right; padding-bottom: 2.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3.25pt;">450,083</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="border-bottom: #000000 3px double; min-width: 3.75pt; text-align: right; padding-bottom: 2.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.25pt;">$</td>
<td style="border-bottom: #000000 3px double; min-width: 24.75pt; text-align: right; padding-bottom: 2.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3.25pt;">325,166</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
</tr>
<tr style="text-align: left; text-transform: none; font: 10pt/10pt 'times new roman', times, serif; white-space: nowrap; color: #000000; vertical-align: bottom;">
<td style="padding-bottom: 1.5pt; padding-left: 0pt; width: 263.55pt; padding-right: 0pt; padding-top: 2.75pt;">Earned premiums:</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td colspan="6">​</td>
<td colspan="6">​</td>
<td colspan="6">​</td>
</tr>
<tr style="text-align: right; text-transform: none; background-color: #cceeff; font: 10pt/10pt 'times new roman', times, serif; white-space: nowrap; color: #000000; vertical-align: bottom;">
<td style="text-align: left; padding-bottom: 1.5pt; padding-left: 0pt; width: 263.55pt; padding-right: 0pt; padding-top: 3.5pt;">
<div style="margin-left: 10pt;">Direct</div>
</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="min-width: 3.75pt; text-align: right; padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.5pt;">$</td>
<td style="min-width: 27pt; text-align: right; padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3.5pt;">367,340</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="min-width: 3.75pt; text-align: right; padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.5pt;">$</td>
<td style="min-width: 24.75pt; text-align: right; padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3.5pt;">281,676</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="min-width: 3.75pt; text-align: right; padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.5pt;">$</td>
<td style="min-width: 24.75pt; text-align: right; padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3.5pt;">196,351</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
</tr>
<tr style="text-align: right; text-transform: none; font: 10pt/10pt 'times new roman', times, serif; white-space: nowrap; color: #000000; vertical-align: bottom;">
<td style="text-align: left; padding-bottom: 1.5pt; padding-left: 0pt; width: 263.55pt; padding-right: 0pt; padding-top: 3.5pt;">
<div style="margin-left: 10pt;">Assumed</div>
</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="min-width: 3.75pt; text-align: right; padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.5pt;">​</td>
<td style="min-width: 27pt; text-align: right; padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3.5pt;">181,326</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="min-width: 3.75pt; text-align: right; padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.5pt;">​</td>
<td style="min-width: 24.75pt; text-align: right; padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3.5pt;">178,045</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="min-width: 3.75pt; text-align: right; padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.5pt;">​</td>
<td style="min-width: 24.75pt; text-align: right; padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3.5pt;">192,690</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
</tr>
<tr style="text-align: right; text-transform: none; background-color: #cceeff; font: 10pt/10pt 'times new roman', times, serif; white-space: nowrap; color: #000000; vertical-align: bottom;">
<td style="border-bottom: #cceeff 1px solid; text-align: left; padding-bottom: 2.5pt; padding-left: 0pt; width: 263.55pt; padding-right: 0pt; padding-top: 3.5pt;">
<div style="margin-left: 10pt;">Ceded</div>
</td>
<td style="border-bottom: #cceeff 1px solid; width: 6pt; padding: 0pt;">​</td>
<td style="border-bottom: #cceeff 1px solid; width: 6pt; padding: 0pt;">​</td>
<td style="border-bottom: #cceeff 1px solid; width: 0pt; padding: 0pt;">​</td>
<td style="border-bottom: #000000 1px solid; min-width: 3.75pt; text-align: right; padding-bottom: 2.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.5pt;">​</td>
<td style="border-bottom: #000000 1px solid; min-width: 27pt; text-align: right; padding-bottom: 2.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3.5pt;">(87,461<font style="position: absolute;">)</font></td>
<td style="border-bottom: #cceeff 1px solid; width: 0pt; padding: 0pt;">​</td>
<td style="border-bottom: #cceeff 1px solid; width: 6pt; padding: 0pt;">​</td>
<td style="border-bottom: #cceeff 1px solid; width: 6pt; padding: 0pt;">​</td>
<td style="border-bottom: #cceeff 1px solid; width: 0pt; padding: 0pt;">​</td>
<td style="border-bottom: #000000 1px solid; min-width: 3.75pt; text-align: right; padding-bottom: 2.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.5pt;">​</td>
<td style="border-bottom: #000000 1px solid; min-width: 24.75pt; text-align: right; padding-bottom: 2.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3.5pt;">(63,509<font style="position: absolute;">)</font></td>
<td style="border-bottom: #cceeff 1px solid; width: 0pt; padding: 0pt;">​</td>
<td style="border-bottom: #cceeff 1px solid; width: 6pt; padding: 0pt;">​</td>
<td style="border-bottom: #cceeff 1px solid; width: 6pt; padding: 0pt;">​</td>
<td style="border-bottom: #cceeff 1px solid; width: 0pt; padding: 0pt;">​</td>
<td style="border-bottom: #000000 1px solid; min-width: 3.75pt; text-align: right; padding-bottom: 2.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.5pt;">​</td>
<td style="border-bottom: #000000 1px solid; min-width: 24.75pt; text-align: right; padding-bottom: 2.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3.5pt;">(60,963<font style="position: absolute;">)</font></td>
<td style="border-bottom: #cceeff 1px solid; width: 0pt; padding: 0pt;">​</td>
<td style="border-bottom: #cceeff 1px solid; width: 0pt; padding: 0pt;">​</td>
</tr>
<tr style="text-align: right; text-transform: none; font: 10pt/10pt 'times new roman', times, serif; white-space: nowrap; color: #000000; vertical-align: bottom;">
<td style="text-align: left; padding-bottom: 3.25pt; padding-left: 0pt; width: 263.55pt; padding-right: 0pt; padding-top: 3.25pt;">
<div style="margin-left: 10pt;">Net</div>
</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="border-bottom: #000000 3px double; min-width: 3.75pt; text-align: right; padding-bottom: 2.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.25pt;">$</td>
<td style="border-bottom: #000000 3px double; min-width: 27pt; text-align: right; padding-bottom: 2.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3.25pt;">461,205</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="border-bottom: #000000 3px double; min-width: 3.75pt; text-align: right; padding-bottom: 2.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.25pt;">$</td>
<td style="border-bottom: #000000 3px double; min-width: 24.75pt; text-align: right; padding-bottom: 2.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3.25pt;">396,212</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="border-bottom: #000000 3px double; min-width: 3.75pt; text-align: right; padding-bottom: 2.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.25pt;">$</td>
<td style="border-bottom: #000000 3px double; min-width: 24.75pt; text-align: right; padding-bottom: 2.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3.25pt;">328,078</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
</tr>
<tr style="text-align: left; text-transform: none; background-color: #cceeff; font: 10pt/10pt 'times new roman', times, serif; white-space: nowrap; color: #000000; vertical-align: bottom;">
<td style="padding-bottom: 1.5pt; padding-left: 0pt; width: 263.55pt; padding-right: 0pt; padding-top: 2.75pt;">Losses and loss adjustment expenses:</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td colspan="6">​</td>
<td colspan="6">​</td>
<td colspan="6">​</td>
</tr>
<tr style="text-align: right; text-transform: none; font: 10pt/10pt 'times new roman', times, serif; white-space: nowrap; color: #000000; vertical-align: bottom;">
<td style="text-align: left; padding-bottom: 1.5pt; padding-left: 0pt; width: 263.55pt; padding-right: 0pt; padding-top: 3.5pt;">
<div style="margin-left: 10pt;">Direct</div>
</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="min-width: 3.75pt; text-align: right; padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.5pt;">$</td>
<td style="min-width: 27pt; text-align: right; padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3.5pt;">201,755</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="min-width: 3.75pt; text-align: right; padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.5pt;">$</td>
<td style="min-width: 24.75pt; text-align: right; padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3.5pt;">144,178</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="min-width: 3.75pt; text-align: right; padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.5pt;">$</td>
<td style="min-width: 24.75pt; text-align: right; padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3.5pt;">73,948</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
</tr>
<tr style="text-align: right; text-transform: none; background-color: #cceeff; font: 10pt/10pt 'times new roman', times, serif; white-space: nowrap; color: #000000; vertical-align: bottom;">
<td style="text-align: left; padding-bottom: 1.5pt; padding-left: 0pt; width: 263.55pt; padding-right: 0pt; padding-top: 3.5pt;">
<div style="margin-left: 10pt;">Assumed</div>
</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="min-width: 3.75pt; text-align: right; padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.5pt;">​</td>
<td style="min-width: 27pt; text-align: right; padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3.5pt;">127,276</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="min-width: 3.75pt; text-align: right; padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.5pt;">​</td>
<td style="min-width: 24.75pt; text-align: right; padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3.5pt;">118,515</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="min-width: 3.75pt; text-align: right; padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.5pt;">​</td>
<td style="min-width: 24.75pt; text-align: right; padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3.5pt;">141,340</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
</tr>
<tr style="text-align: right; text-transform: none; font: 10pt/10pt 'times new roman', times, serif; white-space: nowrap; color: #000000; vertical-align: bottom;">
<td style="border-bottom: #ffffff 1px solid; text-align: left; padding-bottom: 2.5pt; padding-left: 0pt; width: 263.55pt; padding-right: 0pt; padding-top: 3.5pt;">
<div style="margin-left: 10pt;">Ceded</div>
</td>
<td style="border-bottom: #ffffff 1px solid; width: 6pt; padding: 0pt;">​</td>
<td style="border-bottom: #ffffff 1px solid; width: 6pt; padding: 0pt;">​</td>
<td style="border-bottom: #ffffff 1px solid; width: 0pt; padding: 0pt;">​</td>
<td style="border-bottom: #000000 1px solid; min-width: 3.75pt; text-align: right; padding-bottom: 2.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.5pt;">​</td>
<td style="border-bottom: #000000 1px solid; min-width: 27pt; text-align: right; padding-bottom: 2.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3.5pt;">(50,015<font style="position: absolute;">)</font></td>
<td style="border-bottom: #ffffff 1px solid; width: 0pt; padding: 0pt;">​</td>
<td style="border-bottom: #ffffff 1px solid; width: 6pt; padding: 0pt;">​</td>
<td style="border-bottom: #ffffff 1px solid; width: 6pt; padding: 0pt;">​</td>
<td style="border-bottom: #ffffff 1px solid; width: 0pt; padding: 0pt;">​</td>
<td style="border-bottom: #000000 1px solid; min-width: 3.75pt; text-align: right; padding-bottom: 2.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.5pt;">​</td>
<td style="border-bottom: #000000 1px solid; min-width: 24.75pt; text-align: right; padding-bottom: 2.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3.5pt;">(25,325<font style="position: absolute;">)</font></td>
<td style="border-bottom: #ffffff 1px solid; width: 0pt; padding: 0pt;">​</td>
<td style="border-bottom: #ffffff 1px solid; width: 6pt; padding: 0pt;">​</td>
<td style="border-bottom: #ffffff 1px solid; width: 6pt; padding: 0pt;">​</td>
<td style="border-bottom: #ffffff 1px solid; width: 0pt; padding: 0pt;">​</td>
<td style="border-bottom: #000000 1px solid; min-width: 3.75pt; text-align: right; padding-bottom: 2.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.5pt;">​</td>
<td style="border-bottom: #000000 1px solid; min-width: 24.75pt; text-align: right; padding-bottom: 2.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3.5pt;">(30,802<font style="position: absolute;">)</font></td>
<td style="border-bottom: #ffffff 1px solid; width: 0pt; padding: 0pt;">​</td>
<td style="border-bottom: #ffffff 1px solid; width: 0pt; padding: 0pt;">​</td>
</tr>
<tr style="text-align: right; text-transform: none; background-color: #cceeff; font: 10pt/10pt 'times new roman', times, serif; white-space: nowrap; color: #000000; vertical-align: bottom;">
<td style="text-align: left; padding-bottom: 2.75pt; padding-left: 0pt; width: 263.55pt; padding-right: 0pt; padding-top: 3.25pt;">
<div style="margin-left: 10pt;">Net</div>
</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="border-bottom: #000000 3px double; min-width: 3.75pt; text-align: right; padding-bottom: 2pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.25pt;">$</td>
<td style="border-bottom: #000000 3px double; min-width: 27pt; text-align: right; padding-bottom: 2pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3.25pt;">279,016</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="border-bottom: #000000 3px double; min-width: 3.75pt; text-align: right; padding-bottom: 2pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.25pt;">$</td>
<td style="border-bottom: #000000 3px double; min-width: 24.75pt; text-align: right; padding-bottom: 2pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3.25pt;">237,368</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="border-bottom: #000000 3px double; min-width: 3.75pt; text-align: right; padding-bottom: 2pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.25pt;">$</td>
<td style="border-bottom: #000000 3px double; min-width: 24.75pt; text-align: right; padding-bottom: 2pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3.25pt;">184,486</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
</tr>
<tr style="line-height: 4pt; height: 4pt;">
<td style="line-height: 0pt; font-size: 0pt; padding: 0pt;" colspan="23">​</td>
</tr>
</table>
</div>
211607000
192394000
19213000
310161000
252707000
57454000
395816000
308713000
87103000
156911000
1381000
155530000
208606000
1926000
206680000
176378000
4000
3875000
172499000
196351000
281676000
367340000
192690000
178045000
181326000
60963000
63509000
87461000
73948000
144178000
201755000
141340000
118515000
127276000
30802000
25325000
50015000
184486000
237368000
279016000
695000
0.572
316000
0.575
P3Y
125000000
62500000
62500000
20000000
175000000
112500000
102500000
three-month LIBOR plus 3.85%
LIBOR plus a margin of 2.0%
40000000
12000000
2019-09-24
73300000
15000000
7217000
15464000
20619000
55670000
30928000
<div style="text-align: left; widows: 1; text-transform: none; margin-top: pt; text-indent: 0px; font: bold 13px/11pt 'times new roman', times, serif; white-space: normal; margin-bottom: 0pt; float: left; letter-spacing: normal; color: #000000; word-spacing: 0px; -webkit-text-stroke-width: 0px;"><font style="font-family: times new roman,times; ; font-family: times new roman,times;" size="2">8. Senior Debt</font></div>
<div style="widows: 1; text-transform: none; text-indent: 0px; margin: 0pt; font: 0pt/0pt 'times new roman', times, serif; white-space: normal; letter-spacing: normal; color: #000000; clear: both; word-spacing: 0px; -webkit-text-stroke-width: 0px; padding: 0pt;"><font style="font-family: times new roman,times; ; font-family: times new roman,times;" size="2">​</font></div>
<div style="widows: 1; text-transform: none; margin-top: 6pt; text-indent: 20pt; font: 13px/12pt 'times new roman', times, serif; white-space: normal; letter-spacing: normal; color: #000000; word-spacing: 0px; -webkit-text-stroke-width: 0px;"><font style="font-family: times new roman,times; ; font-family: times new roman,times;" size="2">On June 5, 2013, the Company closed on a three year $125.0 million senior revolving credit facility (the “Facility”). James River Group Holdings, Ltd. and JRG Re are borrowers on the Facility. A portion of the proceeds from the Facility were used to pay off the $20.0 million balance of the previous senior facility. The new Facility was initially comprised of:</font></div>
<div style="widows: 1; text-transform: none; margin-top: 6pt; text-indent: 20pt; font: 13px/12pt 'times new roman', times, serif; white-space: normal; letter-spacing: normal; color: #000000; word-spacing: 0px; -webkit-text-stroke-width: 0px;">
<p style="line-height: 12pt; margin: 0in 0in 0pt;" class="msonormal"><font style="font-family: times new roman,times;" size="2">• A $62.5 million secured revolving facility to be utilized by JRG Re to issue letters of credit for the benefit of third-party reinsureds.</font></p>
</div>
<div><font style="font-family: times new roman,times;" size="2"> </font></div>
<p style="line-height: 12pt; margin: 0in 0in 0pt 30px;" class="msonormal"><font style="font-family: times new roman,times;" size="2">• A $62.5 million unsecured revolving facility to meet the working capital needs of the Company. All unpaid principal on the revolver is due at maturity. Interest accrues quarterly and is payable in arrears at LIBOR plus a margin of 2.0%, which is subject to change according to terms in the credit agreement.</font></p>
<p style="margin: 0in 0in 0pt; mso-line-height-alt: 0pt;" class="msonormal"><font style="font-family: times new roman,times;" size="2">​</font></p>
<p style="line-height: 12pt; text-indent: 20pt; margin: 0in 0in 0pt;" class="msonormal"><font style="font-family: times new roman,times;" size="2">The Company amended its senior revolving credit facility (the “Facility”) on September 24, 2014. The amendment expanded the total facility to $175.0 million by increasing the unsecured portion of the revolving facility to $112.5 million, extended the maturity date of the facility to September 24, 2019, and modified certain other terms of the agreement including the schedule used to determine the rate of interest on borrowings under the facility. On May 20, 2015, under a provision of the credit agreement, the Company requested, and the lenders subsequently agreed, to increase the secured revolving facility by $40.0 million to a total capacity of  $102.5 million. A second amendment to the Facility on December 15, 2015 added James River UK, the newly formed intermediate holding company, as a Guarantor in the agreement. At December 31, 2015, the Company had $35.1 million of letters of credit issued under the $102.5 million secured facility and a drawn balance of  $73.3 million outstanding on the $112.5 million unsecured revolver. A subsidiary of the Surviving Bank Holding Company is one of the lenders for the Facility, with a $12.0 million commitment allocation on the total $215.0 million facility.</font></p>
<div style="line-height: 12pt; text-indent: 20pt; margin: 0in 0in 0pt;" class="msonormal"> </div>
<div style="line-height: 12pt; text-indent: 20pt; margin: 0in 0in 0pt;" class="msonormal"><font style="font-family: times new roman,times;" size="2">The Company closed on a second amendment to the senior revolving credit facility that was effective December 15, 2015, which, among other things, accommodated the organization and capitalization of an intermediate holding company in the United Kingdom. Additionally, the Company closed on a third amendment to the senior revolving credit facility that was effective December 30, 2015, which adjusted certain financial covenants. In connection with the December 15, 2015 amendment, the intermediate holding company entered into a payment guaranty of the Company’s obligations under the senior revolving credit facility.</font></div>
<div style="line-height: 12pt; text-indent: 20pt; margin: 0in 0in 0pt;" class="msonormal"><font style="font-family: times new roman,times;" size="2"> </font></div>
<p style="line-height: 12pt; text-indent: 20pt; margin: 0in 0in 0pt;" class="msonormal"><font style="font-family: times new roman,times;" size="2">This debt contains certain financial and other covenants with which the Company is in compliance at December 31, 2015.</font></p>
<p style="line-height: 12pt; text-indent: 20pt; margin: 0in 0in 0pt;" class="msonormal"><font style="font-family: times new roman,times;" size="2"> </font></p>
<p style="line-height: 12pt; text-indent: 20pt; margin: 0in 0in 0pt;" class="msonormal"><font style="font-family: times new roman,times;" size="2">On May 26, 2004, James River Group issued $15.0 million of unsecured, floating rate senior debentures (the “Senior Debt”), due April 29, 2034 unless accelerated earlier, through an indenture. The Senior Debt is not redeemable by the holder and is not subject to sinking fund requirements. Interest accrues quarterly and is payable in arrears at a per annum rate of the three-month LIBOR on the Determination Date (as defined in the indenture) plus 3.85%. The Senior Debt is redeemable prior to its stated maturity in whole or in part, at the option of James River Group.</font></p>
<p style="line-height: 12pt; text-indent: 20pt; margin: 0in 0in 0pt;" class="msonormal"><font style="font-family: times new roman,times;" size="2"> </font></p>
<p style="line-height: 12pt; text-indent: 20pt; margin: 0in 0in 0pt;" class="msonormal"><font style="font-family: times new roman,times;" size="2">The terms of the indenture generally provide that so long as the Senior Debt is outstanding, neither James River Group nor any of its subsidiaries may:</font></p>
<p style="line-height: 12pt; margin: 0in 0in 0pt;" class="msonormal"><font style="font-family: times new roman,times;" size="2"> </font></p>
<p style="line-height: 12pt; margin: 0in 0in 0pt 30px;" class="msonormal"><font style="font-family: times new roman,times;" size="2">• assume or permit to exist any indebtedness that is secured by any encumbrance on the capital stock of James River Group or any of its subsidiaries which is senior to the Senior Debt; or</font></p>
<p style="line-height: 12pt; margin: 0in 0in 0pt 30px;" class="msonormal"><font style="font-family: times new roman,times;" size="2"> </font></p>
<p style="line-height: 12pt; margin: 0in 0in 0pt 30px;" class="msonormal"><font style="font-family: times new roman,times;" size="2">• issue, sell, transfer or otherwise dispose of any shares of, securities convertible into, or warrants rights or options to subscribe for or purchase shares of, capital stock of any subsidiary.</font></p>
<p style="margin: 0in 0in 0pt; mso-line-height-alt: 0pt;" class="msonormal"><font style="font-family: times new roman,times;" size="2">​</font></p>
<div style="line-height: 12pt; margin: 0in 0in 0pt;" class="msonormal"><font style="font-family: times new roman,times;" size="2">James River Group is in compliance with all covenants of the indenture at December 31, 2015.<br /><br /></font></div>
<p style="line-height: 12pt; margin: 0in 0in 0pt;" class="msonormal"><font style="font-family: times new roman,times;" size="2">Interest payable is included in “accrued expenses” in the accompanying consolidated balance sheets.</font></p>
Yes
No
No
359452785
4198000
2094000
451000
468000
7260000
4700000
5357000
2481000
-3761000
922000
529000
110760000
110759000
1000
110760000
529000
321000
321000
208000
60000
60000
-60000
7500000
10350
10350
15000
15000
15000
1136000
1136000
1136000
59933
-68516000
-99181000
-98302000
4620000
5163000
57701000
2468000
3567000
129000
2760000
203000
2004000
157000
647000
647000
589000
589000
3735000
-63269000
69844000
69026000
-20523000
59047000
23525000
-114985000
26638000
14158000
-27050000
24302000
28213000
-22126000
-4090000
4170000
-5441000
-16372000
4848000
246000
237000
709000
1091000
1312000
20000000
10000000
529000
7000000
15000000
20000000
54000000
30000000
217000
464000
619000
1670000
928000
2004-05-26
2004-12-15
2006-06-15
2007-12-11
2008-01-10
2034-05-24
2034-12-15
2036-06-15
2037-12-15
2038-03-15
0.025
Three-Month
LIBOR
plus 4.0%
Three-Month
LIBOR
plus 3.4%
Three-Month
LIBOR
plus 3.0%
Three-Month
LIBOR
plus 3.1%
Three-Month
LIBOR
plus 4.0%
2009-05-24
2009-12-15
2011-06-15
2013-03-15
2013-06-15
<div style="text-align: left; widows: 1; text-transform: none; margin-top: pt; text-indent: 0px; font: bold 13px/11pt 'times new roman', times, serif; white-space: normal; margin-bottom: 0pt; float: left; letter-spacing: normal; color: #000000; word-spacing: 0px; -webkit-text-stroke-width: 0px;">9. Junior Subordinated Debt</div>
<div style="widows: 1; text-transform: none; text-indent: 0px; margin: 0pt; font: 0pt/0pt 'times new roman', times, serif; white-space: normal; letter-spacing: normal; color: #000000; clear: both; word-spacing: 0px; -webkit-text-stroke-width: 0px; padding: 0pt;">​</div>
<div style="widows: 1; text-transform: none; margin-top: 6pt; text-indent: 20pt; font: 13px/12pt 'times new roman', times, serif; white-space: normal; letter-spacing: normal; color: #000000; word-spacing: 0px; -webkit-text-stroke-width: 0px;">The Company issued trust preferred securities (“Trust Preferred Securities”) through James River Capital Trust I, James River Capital Trust II, James River Capital Trust III, James River Capital Trust IV, and Franklin Holdings II (Bermuda) Capital Trust I, (each, a “Trust”; collectively, the “Trusts”). These Delaware statutory trusts are sponsored and wholly-owned by the Company. Each Trust was created solely for the purpose of issuing the Trust Preferred Securities.</div>
<div style="widows: 1; text-transform: none; margin-top: 6pt; text-indent: 20pt; font: 13px/12pt 'times new roman', times, serif; white-space: normal; letter-spacing: normal; color: #000000; word-spacing: 0px; -webkit-text-stroke-width: 0px;">Each Trust used proceeds from the sale of its Trust Preferred Securities to purchase the Company’s floating rate junior subordinated debentures (the “Junior Subordinated Debt”) issued to the Trust under an indenture (each, an “Indenture”; collectively, the “Indentures”). The Junior Subordinated Debt is the sole asset of each Trust, and the Trust Preferred Securities are the sole liabilities of each Trust. The Company purchased all of the outstanding common stock of the Trusts, and the investment in the Trusts is included in “other assets” in the accompanying consolidated balance sheets.
<div style="widows: 1; text-transform: none; margin-top: 6pt; text-indent: 20pt; font: 10pt/12pt 'times new roman', times, serif; white-space: normal; letter-spacing: normal; color: #000000; word-spacing: 0px; -webkit-text-stroke-width: 0px;">The following table summarizes the nature and terms of the Junior Subordinated Debt and Trust Preferred Securities:</div>
<table align="center" style="widows: 1; text-transform: none; margin-top: 2pt; text-indent: 0px; width: 100%; border-collapse: collapse; font: 12px 'times new roman', times, serif; white-space: normal; letter-spacing: normal; height: 274px; color: #000000; word-spacing: 0px; -webkit-text-stroke-width: 0px;" border="0">
<tr style="text-align: center; text-transform: none; font: bold 8pt/9pt 'times new roman', times, serif; white-space: nowrap; color: #000000; vertical-align: bottom;">
<td style="border-bottom: #ffffff 1px solid; text-align: left; padding-bottom: 0.5pt; padding-left: 0pt; width: 134.64pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="border-bottom: #ffffff 1px solid; width: 6pt; padding: 0pt;">​</td>
<td style="border-bottom: #ffffff 1px solid; width: 6pt; padding: 0pt;">​</td>
<td style="border-bottom: #000000 1px solid; padding-bottom: 2.167pt; padding-left: 0pt; padding-right: 0pt; padding-top: 0pt;" colspan="4">
<div style="text-align: center;">James River <br />Capital <br />Trust I</div>
</td>
<td style="border-bottom: #ffffff 1px solid; width: 6pt; padding: 0pt;">​</td>
<td style="border-bottom: #ffffff 1px solid; width: 6pt; padding: 0pt;">​</td>
<td style="border-bottom: #000000 1px solid; padding-bottom: 2.167pt; padding-left: 0pt; padding-right: 0pt; padding-top: 0pt;" colspan="4">
<div style="text-align: center;">James River <br />Capital <br />Trust II</div>
</td>
<td style="border-bottom: #ffffff 1px solid; width: 6pt; padding: 0pt;">​</td>
<td style="border-bottom: #ffffff 1px solid; width: 6pt; padding: 0pt;">​</td>
<td style="border-bottom: #000000 1px solid; padding-bottom: 2.167pt; padding-left: 0pt; padding-right: 0pt; padding-top: 0pt;" colspan="4">
<div style="text-align: center;">James River <br />Capital <br />Trust III</div>
</td>
<td style="border-bottom: #ffffff 1px solid; width: 6pt; padding: 0pt;">​</td>
<td style="border-bottom: #ffffff 1px solid; width: 6pt; padding: 0pt;">​</td>
<td style="border-bottom: #000000 1px solid; padding-bottom: 2.167pt; padding-left: 0pt; padding-right: 0pt; padding-top: 0pt;" colspan="4">
<div style="text-align: center;">James River <br />Capital <br />Trust IV</div>
</td>
<td style="border-bottom: #ffffff 1px solid; width: 6pt; padding: 0pt;">​</td>
<td style="border-bottom: #ffffff 1px solid; width: 6pt; padding: 0pt;">​</td>
<td style="border-bottom: #000000 1px solid; padding-bottom: 2.167pt; padding-left: 0pt; padding-right: 0pt; padding-top: 0pt;" colspan="4">
<div style="text-align: center;">Franklin <br />Holdings II <br />(Bermuda) <br />Capital <br />Trust I</div>
</td>
<td style="border-bottom: #ffffff 1px solid; width: 0pt; padding: 0pt;">​</td>
</tr>
<tr style="text-align: left; text-transform: none; font: bold italic 8pt/8pt 'times new roman', times, serif; white-space: nowrap; color: #000000; vertical-align: bottom;">
<td style="padding-bottom: 0.5pt; padding-left: 0pt; width: 134.64pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="text-align: center; padding-bottom: 1.5pt; padding-left: 0pt; width: 0pt; padding-right: 0pt; padding-top: 3.25pt;" colspan="28">
<div style="text-align: center; white-space: nowrap;">($ in thousands)</div>
</td>
<td style="width: 0pt; padding: 0pt;">​</td>
</tr>
<tr style="text-align: center; text-transform: none; background-color: #cceeff; font: 9pt/9.5pt 'times new roman', times, serif; white-space: normal; height: 19pt; color: #000000; vertical-align: bottom;">
<td style="text-align: left; padding-bottom: 1.333pt; padding-left: 0pt; width: 134.64pt; padding-right: 0pt; white-space: nowrap; vertical-align: top; padding-top: 3.167pt;">
<div style="white-space: nowrap;">Issue date</div>
</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="padding-bottom: 1.333pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.167pt;" colspan="4">
<div style="text-align: center;">May 26, <br />2004</div>
</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="padding-bottom:
1.333pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.167pt;" colspan="4">
<div style="text-align: center;">December 15, <br />2004</div>
</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="padding-bottom: 1.333pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.167pt;" colspan="4">
<div style="text-align: center;">June 15, <br />2006</div>
</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="padding-bottom: 1.333pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.167pt;" colspan="4">
<div style="text-align: center;">December 11, <br />2007</div>
</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="padding-bottom: 1.333pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.167pt;" colspan="4">
<div style="text-align: center;">January 10, <br />2008</div>
</td>
<td style="width: 0pt; padding: 0pt;">​</td>
</tr>
<tr style="text-align: right; text-transform: none; font: 9pt/9.5pt 'times new roman', times, serif; white-space: nowrap; height: 19pt; color: #000000; vertical-align: bottom;">
<td style="text-align: left; padding-bottom: 1.333pt; padding-left: 0pt; width: 134.64pt; padding-right: 0pt; white-space: normal; vertical-align: top; padding-top: 3.167pt;">
<div style="text-indent: -10pt; margin-left: 10pt;">Principal amount of Trust <br />Preferred Securities</div>
</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="padding-bottom: 0pt; padding-left: 13.525pt; width: 0pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="min-width: 3.75pt; text-align: right; padding-bottom: 1.333pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.167pt;">$</td>
<td style="min-width: 16.5pt; text-align: right; padding-bottom: 1.333pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3.167pt;">7,000</td>
<td style="padding-bottom: 0pt; padding-left: 13.525pt; width: 0pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="padding-bottom: 0pt; padding-left: 11.625pt; width: 0pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="min-width: 3.75pt; text-align: right; padding-bottom: 1.333pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.167pt;">$</td>
<td style="min-width: 20.25pt; text-align: right; padding-bottom: 1.333pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3.167pt;">15,000</td>
<td style="padding-bottom: 0pt; padding-left: 11.625pt; width: 0pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="padding-bottom: 0pt; padding-left: 11.275pt; width: 0pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="min-width: 3.75pt; text-align: right; padding-bottom: 1.333pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.167pt;">$</td>
<td style="min-width: 20.25pt; text-align: right; padding-bottom: 1.333pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3.167pt;">20,000</td>
<td style="padding-bottom: 0pt; padding-left: 11.275pt; width: 0pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="padding-bottom: 0pt; padding-left: 11.625pt; width: 0pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="min-width: 3.75pt; text-align: right; padding-bottom: 1.333pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.167pt;">$</td>
<td style="min-width: 20.25pt; text-align: right; padding-bottom: 1.333pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3.167pt;">54,000</td>
<td style="padding-bottom: 0pt; padding-left: 11.625pt; width: 0pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="padding-bottom: 0pt; padding-left: 11.275pt; width: 0pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="min-width: 3.75pt; text-align: right; padding-bottom: 1.333pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.167pt;">$</td>
<td style="min-width: 20.25pt; text-align: right; padding-bottom: 1.333pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3.167pt;">30,000</td>
<td style="padding-bottom: 0pt; padding-left: 11.275pt; width: 0pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
</tr>
<tr style="text-align: right; text-transform: none; background-color: #cceeff; font: 9pt/9.5pt 'times new roman', times, serif; white-space: nowrap; height: 19pt; color: #000000; vertical-align: bottom;">
<td style="text-align: left; padding-bottom: 1.333pt; padding-left: 0pt; width: 134.64pt; padding-right: 0pt; white-space: normal; vertical-align: top; padding-top: 3.167pt;">
<div style="text-indent: -10pt; margin-left: 10pt;">Principal amount of Junior <br />Subordinated Debt</div>
</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="padding-bottom: 0pt; padding-left: 13.525pt; width: 0pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="min-width: 3.75pt; text-align: right; padding-bottom: 1.333pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.167pt;">$</td>
<td style="min-width: 16.5pt; text-align: right; padding-bottom: 1.333pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3.167pt;">7,217</td>
<td style="padding-bottom: 0pt; padding-left: 13.525pt; width: 0pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="padding-bottom: 0pt; padding-left: 11.625pt; width: 0pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="min-width: 3.75pt; text-align: right; padding-bottom: 1.333pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.167pt;">$</td>
<td style="min-width: 20.25pt; text-align: right; padding-bottom: 1.333pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3.167pt;">15,464</td>
<td style="padding-bottom: 0pt; padding-left: 11.625pt; width: 0pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="padding-bottom: 0pt; padding-left: 11.275pt; width: 0pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="min-width: 3.75pt; text-align: right; padding-bottom:
1.333pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.167pt;">$</td>
<td style="min-width: 20.25pt; text-align: right; padding-bottom: 1.333pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3.167pt;">20,619</td>
<td style="padding-bottom: 0pt; padding-left: 11.275pt; width: 0pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="padding-bottom: 0pt; padding-left: 11.625pt; width: 0pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="min-width: 3.75pt; text-align: right; padding-bottom: 1.333pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.167pt;">$</td>
<td style="min-width: 20.25pt; text-align: right; padding-bottom: 1.333pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3.167pt;">55,670</td>
<td style="padding-bottom: 0pt; padding-left: 11.625pt; width: 0pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="padding-bottom: 0pt; padding-left: 11.275pt; width: 0pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="min-width: 3.75pt; text-align: right; padding-bottom: 1.333pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.167pt;">$</td>
<td style="min-width: 20.25pt; text-align: right; padding-bottom: 1.333pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3.167pt;">30,928</td>
<td style="padding-bottom: 0pt; padding-left: 11.275pt; width: 0pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
</tr>
<tr style="text-align: right; text-transform: none; font: 9pt/9.5pt 'times new roman', times, serif; white-space: nowrap; height: 28.5pt; color: #000000; vertical-align: bottom;">
<td style="text-align: left; padding-bottom: 1.333pt; padding-left: 0pt; width: 134.64pt; padding-right: 0pt; white-space: normal; vertical-align: top; padding-top: 3.167pt;">
<div style="text-indent: -10pt; margin-left: 10pt;">Carrying amount of Junior <br />Subordinated Debt net of <br />repurchases</div>
</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="padding-bottom: 0pt; padding-left: 13.525pt; width: 0pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="min-width: 3.75pt; text-align: right; padding-bottom: 1.333pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.167pt;">$</td>
<td style="min-width: 16.5pt; text-align: right; padding-bottom: 1.333pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3.167pt;">7,217</td>
<td style="padding-bottom: 0pt; padding-left: 13.525pt; width: 0pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="padding-bottom: 0pt; padding-left: 11.625pt; width: 0pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="min-width: 3.75pt; text-align: right; padding-bottom: 1.333pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.167pt;">$</td>
<td style="min-width: 20.25pt; text-align: right; padding-bottom: 1.333pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3.167pt;">15,464</td>
<td style="padding-bottom: 0pt; padding-left: 11.625pt; width: 0pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="padding-bottom: 0pt; padding-left: 11.275pt; width: 0pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="min-width: 3.75pt; text-align: right; padding-bottom: 1.333pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.167pt;">$</td>
<td style="min-width: 20.25pt; text-align: right; padding-bottom: 1.333pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3.167pt;">20,619</td>
<td style="padding-bottom: 0pt; padding-left: 11.275pt; width: 0pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="padding-bottom: 0pt; padding-left: 11.625pt; width: 0pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="min-width: 3.75pt; text-align: right; padding-bottom: 1.333pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.167pt;">$</td>
<td style="min-width: 20.25pt; text-align: right; padding-bottom: 1.333pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3.167pt;">44,827</td>
<td style="padding-bottom: 0pt; padding-left: 11.625pt; width: 0pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="padding-bottom: 0pt; padding-left: 11.275pt; width: 0pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="min-width: 3.75pt; text-align: right; padding-bottom: 1.333pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.167pt;">$</td>
<td style="min-width: 20.25pt; text-align: right; padding-bottom: 1.333pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3.167pt;">15,928</td>
<td style="padding-bottom: 0pt; padding-left: 11.275pt; width: 0pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
</tr>
<tr style="text-align: center; text-transform: none; background-color: #cceeff; font: 9pt/9.5pt 'times new roman', times, serif; white-space: normal; height: 28.5pt; color: #000000; vertical-align: bottom;">
<td style="text-align: left; padding-bottom: 1.333pt; padding-left: 0pt; width: 134.64pt; padding-right: 0pt; vertical-align: top; padding-top: 3.167pt;">
<div style="text-indent: -10pt; margin-left: 10pt;">Maturity date of Junior <br />Subordinated Debt, unless <br />accelerated earlier</div>
</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="padding-bottom: 1.333pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.167pt;" colspan="4">
<div style="text-align: center;">May 24, <br />2034</div>
</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="padding-bottom: 1.333pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.167pt;" colspan="4">
<div style="text-align: center;">December 15, <br />2034</div>
</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="padding-bottom: 1.333pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.167pt;" colspan="4">
<div style="text-align: center;">June 15, <br />2036</div>
</td>
<td style="width: 6pt; padding:
0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="padding-bottom: 1.333pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.167pt;" colspan="4">
<div style="text-align: center;">December 15, <br />2037</div>
</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="padding-bottom: 1.333pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.167pt;" colspan="4">
<div style="text-align: center;">March 15, <br />2038</div>
</td>
<td style="width: 0pt; padding: 0pt;">​</td>
</tr>
<tr style="text-align: right; text-transform: none; font: 9pt/9pt 'times new roman', times, serif; white-space: nowrap; height: 9.5pt; color: #000000; vertical-align: bottom;">
<td style="text-align: left; padding-bottom: 1.5pt; padding-left: 0pt; width: 134.64pt; padding-right: 0pt; vertical-align: top; padding-top: 3.5pt;">
<div style="white-space: nowrap;">Trust common stock</div>
</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="padding-bottom: 0pt; padding-left: 13.525pt; width: 0pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="min-width: 3.75pt; text-align: right; padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.5pt;">$</td>
<td style="min-width: 16.5pt; text-align: right; padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3.5pt;">217</td>
<td style="padding-bottom: 0pt; padding-left: 13.525pt; width: 0pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="padding-bottom: 0pt; padding-left: 11.625pt; width: 0pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="min-width: 3.75pt; text-align: right; padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.5pt;">$</td>
<td style="min-width: 20.25pt; text-align: right; padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3.5pt;">464</td>
<td style="padding-bottom: 0pt; padding-left: 11.625pt; width: 0pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="padding-bottom: 0pt; padding-left: 11.275pt; width: 0pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="min-width: 3.75pt; text-align: right; padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.5pt;">$</td>
<td style="min-width: 20.25pt; text-align: right; padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3.5pt;">619</td>
<td style="padding-bottom: 0pt; padding-left: 11.275pt; width: 0pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="padding-bottom: 0pt; padding-left: 11.625pt; width: 0pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="min-width: 3.75pt; text-align: right; padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.5pt;">$</td>
<td style="min-width: 20.25pt; text-align: right; padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3.5pt;">1,670</td>
<td style="padding-bottom: 0pt; padding-left: 11.625pt; width: 0pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="padding-bottom: 0pt; padding-left: 11.275pt; width: 0pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="min-width: 3.75pt; text-align: right; padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.5pt;">$</td>
<td style="min-width: 20.25pt; text-align: right; padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3.5pt;">928</td>
<td style="padding-bottom: 0pt; padding-left: 11.275pt; width: 0pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
</tr>
<tr style="text-align: center; text-transform: none; background-color: #cceeff; font: 9pt/9.5pt 'times new roman', times, serif; white-space: normal; color: #000000; vertical-align: top;">
<td style="text-align: left; padding-bottom: 1.333pt; padding-left: 0pt; width: 134.64pt; padding-right: 0pt; white-space: nowrap; padding-top: 3.167pt;">
<div style="white-space: nowrap;">Interest rate, per annum</div>
</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="padding-bottom: 1.333pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.167pt;" colspan="4">
<div style="text-align: center;">Three-Month <br />LIBOR <br />plus 4.0%</div>
</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="padding-bottom: 1.333pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.167pt;" colspan="4">
<div style="text-align: center;">Three-Month <br />LIBOR <br />plus 3.4%</div>
</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="padding-bottom: 1.333pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.167pt;" colspan="4">
<div style="text-align: center;">Three-Month <br />LIBOR <br />plus 3.0%</div>
</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="padding-bottom: 1.333pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.167pt;" colspan="4">
<div style="text-align: center;">Three-Month <br />LIBOR <br />plus 3.1%</div>
</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="padding-bottom: 1.333pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.167pt;" colspan="4">
<div style="text-align: center;">Three-Month <br />LIBOR <br />plus 4.0%</div>
</td>
<td style="width: 0pt; padding: 0pt;">​</td>
</tr>
<tr style="text-align: center; text-transform: none; font: 9pt/9.5pt 'times new roman', times, serif; white-space: normal; height: 28.5pt; color: #000000; vertical-align: bottom;">
<td style="text-align: left; padding-bottom: 1.333pt; padding-left: 0pt; width: 134.64pt; padding-right: 0pt; vertical-align: top; padding-top: 3.167pt;">
<div style="text-indent: -10pt; margin-left: 10pt;">Redeemable at 100% of principal <br />amount at option of the <br />Company on or after</div>
</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="padding-bottom: 1.333pt; padding-left: 0pt; padding-right: 0pt; padding-top:
3.167pt;" colspan="4">
<div style="text-align: center;">May 24, <br />2009</div>
</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="padding-bottom: 1.333pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.167pt;" colspan="4">
<div style="text-align: center;">December 15, <br />2009</div>
</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="padding-bottom: 1.333pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.167pt;" colspan="4">
<div style="text-align: center;">June 15, <br />2011</div>
</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="padding-bottom: 1.333pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.167pt;" colspan="4">
<div style="text-align: center;">March 15, <br />2013</div>
</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="padding-bottom: 1.333pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.167pt;" colspan="4">
<div style="text-align: center;">June 15, <br />2013</div>
</td>
<td style="width: 0pt; padding: 0pt;">​</td>
</tr>
</table>
<div style="widows: 1; text-transform: none; margin-top: 14.79pt; text-indent: 20pt; font: 10pt/12pt 'times new roman', times, serif; white-space: normal; letter-spacing: normal; color: #000000; word-spacing: 0px; -webkit-text-stroke-width: 0px;">Interest on the Trust Preferred Securities and interest paid to the Trusts on the Junior Subordinated Debt is payable quarterly in arrears at a per annum rate as described in the table above. The Company has the right to defer interest payments on the Junior Subordinated Debt for up to five years without triggering an event of default.</div>
<div style="widows: 1; text-transform: none; margin-top: 6pt; text-indent: 20pt; font: 10pt/12pt 'times new roman', times, serif; white-space: normal; letter-spacing: normal; color: #000000; word-spacing: 0px; -webkit-text-stroke-width: 0px;">The Trust Preferred Securities are subject to mandatory redemption in a like amount (a) upon repayment of all of the Junior Subordinated Debt on the stated maturity date, (b) contemporaneously with the optional prepayment of all of the Junior Subordinated Debt in conjunction with a special event (as defined), and (c) five years or more after the issue date, contemporaneously with the optional prepayment, in whole or in part, of the Junior Subordinated Debt. The Indentures contain certain covenants which the Company is in compliance with as of December 31, 2015.</div>
<div style="widows: 1; text-transform: none; margin-top: 6pt; text-indent: 20pt; font: 10pt/12pt 'times new roman', times, serif; white-space: normal; letter-spacing: normal; color: #000000; word-spacing: 0px; -webkit-text-stroke-width: 0px;">Interest payable is included in “accrued expenses” on the accompanying consolidated balance sheets.</div>
</div>
<div style="text-align: left; widows: 1; text-transform: none; margin-top: 13pt; text-indent: 0px; font: bold 13px/11pt 'times new roman', times, serif; white-space: nowrap; margin-bottom: 0pt; float: left; letter-spacing: normal; color: #000000; word-spacing: 0px; -webkit-text-stroke-width: 0px;">13.    </div>
<div style="text-align: left; widows: 1; text-transform: none; margin-top: 13pt; text-indent: 0px; font: bold 13px/11pt 'times new roman', times, serif; white-space: normal; margin-bottom: 0pt; float: left; letter-spacing: normal; color: #000000; word-spacing: 0px; -webkit-text-stroke-width: 0px;">Income Taxes</div>
<div style="widows: 1; text-transform: none; text-indent: 0px; margin: 0pt; font: 0pt/0pt 'times new roman', times, serif; white-space: normal; letter-spacing: normal; color: #000000; clear: both; word-spacing: 0px; -webkit-text-stroke-width: 0px; padding: 0pt;">​</div>
<div style="widows: 1; text-transform: none; margin-top: 6pt; text-indent: 20pt; font: 13px/12pt 'times new roman', times, serif; white-space: normal; letter-spacing: normal; color: #000000; word-spacing: 0px; -webkit-text-stroke-width: 0px;">Under current Bermuda law, James River Group Holdings, Ltd. and its Bermuda based subsidiary are not required to pay any Bermuda taxes on their income or capital gains. The Company has received an undertaking from the Minister of Finance in Bermuda that, in the event of any taxes being imposed, the Company will be exempt from taxation in Bermuda until March 2035.</div>
<div style="widows: 1; text-transform: none; margin-top: 6pt; text-indent: 20pt; font: 13px/12pt 'times new roman', times, serif; white-space: normal; letter-spacing: normal; color: #000000; word-spacing: 0px; -webkit-text-stroke-width: 0px;">Distributions from the Company’s U.S. subsidiaries to its U.K. intermediate holding company, James River UK, are subject to a 5% dividend withholding tax. James River Group paid a $50.0 million dividend to James River UK during 2015 and remitted $2.5 million of dividend withholding taxes to the U.S. tax authorities for the year ending December 31, 2015.</div>
<div style="widows: 1; text-transform: none; margin-top: 6pt; text-indent: 20pt; font: 13px/12pt 'times new roman', times, serif; white-space: normal; letter-spacing: normal; color: #000000; word-spacing: 0px; -webkit-text-stroke-width: 0px;">The Company’s U.S. subsidiaries are subject to federal, state and local corporate income taxes, and other taxes applicable to U.S. corporations. The Company’s U.S.-domiciled subsidiaries file a consolidated U.S. federal income tax return. The Company’s U.S.-based subsidiaries are generally no longer subject to income tax examination by U.S. income tax authorities for the tax years ending before January 1, 2012.</div>
<div style="widows: 1; text-transform: none; margin-top: 6pt; text-indent: 20pt; font: 13px/12pt 'times new roman', times, serif; white-space: normal; letter-spacing: normal; color: #000000; word-spacing: 0px; -webkit-text-stroke-width: 0px;">The expected income tax provision computed from pre-tax income at the weighted-average tax rate has been calculated as the sum of the pre-tax income in each jurisdiction multiplied by that jurisdiction’s applicable Federal statutory tax rate. Federal statutory tax rates of 0% and 35% have been used for Bermuda and the U.S., respectively. U.S. income before Federal income taxes was $15.2 million, $9.0 million, and $31.1 million for the years ending December 31, 2015, 2014, and 2013, respectively. A reconciliation of the difference between the Company’s Federal income tax provision on U.S. income and the expected Federal tax provision on U.S. income using the weighted-average tax rate as well as a reconciliation to total tax expense is as follows:</div>
<div style="widows: 1; text-transform: none; margin-top: 6pt; text-indent: 20pt; font: 13px/12pt 'times new roman', times, serif; white-space: normal; letter-spacing: normal; color: #000000; word-spacing: 0px; -webkit-text-stroke-width: 0px;" > 
<div style="widows: 1; text-transform: none; margin-top: 46pt; text-indent: 0px; font: 13px 'times new roman', times, serif; white-space: normal; letter-spacing: normal; color: #000000; word-spacing: 0px; -webkit-text-stroke-width: 0px;" >
<div style="line-height: 0pt; margin: 0pt; clear: both; font-size: 0pt; padding: 0pt;"><br class="apple-interchange-newline" />​</div>
<table style="margin-top: 1pt; border-collapse: collapse; height: 171pt; margin-left: 20pt;" >
<tr style="text-align: left; text-transform: none; font: bold 8pt/8pt 'times new roman', times, serif; white-space: nowrap; color: #000000; vertical-align: bottom;">
<td style="border-bottom: #ffffff 1px solid; padding-bottom: 0.5pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="border-bottom: #ffffff 1px solid; padding-bottom: 0pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="border-bottom: #ffffff 1px solid; padding-bottom: 0pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="border-bottom: #000000 1px solid; text-align: center; padding-bottom: 2.5pt; padding-right: 0pt; padding-top: 0pt;" colspan="16">
<div style="text-align: center; white-space: nowrap;">Year Ended December 31,</div>
</td>
<td style="border-bottom: #ffffff 1px solid; padding-bottom: 0pt; padding-right: 0pt; padding-top: 0pt;">​</td>
</tr>
<tr style="text-align: center; text-transform: none; font: bold 8pt/8pt 'times new roman', times, serif; white-space: nowrap; color: #000000; vertical-align: bottom;">
<td style="border-bottom: #ffffff 1px solid; text-align: left; padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="border-bottom: #ffffff 1px solid; padding: 0pt;">​</td>
<td style="border-bottom: #ffffff 1px solid; padding: 0pt;">​</td>
<td style="border-bottom: #000000 1px solid; padding-bottom: 2.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.25pt;" colspan="4">
<div style="text-align: center; white-space: nowrap;">2015</div>
</td>
<td style="border-bottom: #ffffff 1px solid; padding: 0pt;">​</td>
<td style="border-bottom: #ffffff 1px solid; padding: 0pt;">​</td>
<td style="border-bottom: #000000 1px solid; padding-bottom: 2.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.25pt;" colspan="4">
<div style="text-align: center; white-space: nowrap;">2014</div>
</td>
<td style="border-bottom: #ffffff 1px solid; padding: 0pt;">​</td>
<td style="border-bottom: #ffffff 1px solid; padding: 0pt;">​</td>
<td style="border-bottom: #000000 1px solid; padding-bottom: 2.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.25pt;" colspan="4">
<div style="text-align: center; white-space: nowrap;">2013</div>
</td>
<td style="border-bottom: #ffffff 1px solid; padding: 0pt;">​</td>
</tr>
<tr style="text-align: left; text-transform: none; font: bold italic 8pt/8pt 'times new roman', times, serif; white-space: nowrap; color: #000000; vertical-align: bottom;">
<td style="padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="text-align: center; padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.25pt;" colspan="16">
<div style="text-align: center; white-space: nowrap;">(in thousands)</div>
</td>
<td style="padding: 0pt;">​</td>
</tr>
<tr style="text-align: right; text-transform: none; background-color: #cceeff; font: 10pt/10pt 'times new roman', times, serif; white-space: nowrap; color: #000000; vertical-align: bottom;">
<td style="text-align: left; padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.5pt;">
<div style="white-space: nowrap;">Expected Federal income tax expense</div>
</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.5pt;">$</td>
<td style="padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3.5pt;">5,317</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.5pt;">$</td>
<td style="padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3.5pt;">3,166</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.5pt;">$</td>
<td style="padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3.5pt;">10,906</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
</tr>
<tr style="text-align: right; text-transform: none; font: 10pt/10pt 'times new roman', times, serif; white-space: nowrap; color: #000000; vertical-align: bottom;">
<td style="text-align: left; padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.5pt;">
<div style="white-space: nowrap;">Tax-exempt investment income</div>
</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.5pt;">​</td>
<td style="padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3.5pt;">(858<font style="position: absolute;">)</font></td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.5pt;">​</td>
<td style="padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3.5pt;">(751<font style="position: absolute;">)</font></td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.5pt;">​</td>
<td style="padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3.5pt;">(769<font style="position: absolute;">)</font></td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
</tr>
<tr style="text-align: right; text-transform: none; background-color: #cceeff; font: 10pt/10pt 'times new roman', times, serif; white-space: nowrap; color: #000000; vertical-align: bottom;">
<td style="text-align: left; padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.5pt;">
<div style="white-space: nowrap;">Dividends received deduction</div>
</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.5pt;">​</td>
<td style="padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3.5pt;">(867<font style="position: absolute;">)</font></td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.5pt;">​</td>
<td style="padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3.5pt;">(740<font style="position: absolute;">)</font></td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.5pt;">​</td>
<td style="padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3.5pt;">(583<font style="position: absolute;">)</font></td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
</tr>
<tr style="text-align: right; text-transform: none; font: 10pt/10pt 'times new roman', times, serif; white-space: nowrap; color: #000000; vertical-align: bottom;">
<td style="text-align: left; padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.5pt;">
<div style="white-space: nowrap;">Tax credits on renewable energy investments</div>
</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.5pt;">​</td>
<td style="padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3.5pt;">—</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.5pt;">​</td>
<td style="padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3.5pt;">(2,033<font style="position: absolute;">)</font></td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.5pt;">​</td>
<td style="padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3.5pt;">—</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
</tr>
<tr style="text-align: right; text-transform: none; background-color: #cceeff; font: 10pt/10pt 'times new roman', times, serif; white-space: nowrap; color: #000000; vertical-align: bottom;">
<td style="border-bottom: #cceeff 1px solid; text-align: left; padding-bottom: 2.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.5pt;">
<div style="white-space: nowrap;">Other</div>
</td>
<td style="border-bottom: #cceeff 1px solid; padding: 0pt;">​</td>
<td style="border-bottom: #cceeff 1px solid; padding: 0pt;">​</td>
<td style="border-bottom: #cceeff 1px solid; padding: 0pt;">​</td>
<td style="border-bottom: #000000 1px solid; padding-bottom: 2.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.5pt;">​</td>
<td style="border-bottom: #000000 1px solid; padding-bottom: 2.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3.5pt;">379</td>
<td style="border-bottom: #cceeff 1px solid; padding: 0pt;">​</td>
<td style="border-bottom: #cceeff 1px solid; padding: 0pt;">​</td>
<td style="border-bottom: #cceeff 1px solid; padding: 0pt;">​</td>
<td style="border-bottom: #cceeff 1px solid; padding: 0pt;">​</td>
<td style="border-bottom: #000000 1px solid; padding-bottom: 2.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.5pt;">​</td>
<td style="border-bottom: #000000 1px solid; padding-bottom: 2.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3.5pt;">897</td>
<td style="border-bottom: #cceeff 1px solid; padding: 0pt;">​</td>
<td style="border-bottom: #cceeff 1px solid; padding: 0pt;">​</td>
<td style="border-bottom: #cceeff 1px solid; padding: 0pt;">​</td>
<td style="border-bottom: #cceeff 1px solid; padding: 0pt;">​</td>
<td style="border-bottom: #000000 1px solid; padding-bottom: 2.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.5pt;">​</td>
<td style="border-bottom: #000000 1px solid; padding-bottom: 2.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3.5pt;">187</td>
<td style="border-bottom: #cceeff 1px solid; padding: 0pt;">​</td>
<td style="border-bottom: #cceeff 1px solid; padding: 0pt;">​</td>
</tr>
<tr style="text-align: right; text-transform: none; font: 10pt/10pt 'times new roman', times, serif; white-space: nowrap; color: #000000; vertical-align: bottom;">
<td style="text-align: left; padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.25pt;">
<div style="white-space: nowrap;">Federal income tax expense</div>
</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.25pt;">$</td>
<td style="padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3.25pt;">3,971</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.25pt;">$</td>
<td style="padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3.25pt;">539</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.25pt;">$</td>
<td style="padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3.25pt;">9,741</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
</tr>
<tr style="text-align: right; text-transform: none; background-color: #cceeff; font: 10pt/10pt 'times new roman', times, serif; white-space: nowrap; color: #000000; vertical-align: bottom;">
<td style="text-align: left; padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.5pt;">
<div style="white-space: nowrap;">U.S. state income tax (benefit) expense</div>
</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.5pt;">​</td>
<td style="padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3.5pt;">(192<font style="position: absolute;">)</font></td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.5pt;">​</td>
<td style="padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3.5pt;">400</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.5pt;">​</td>
<td style="padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3.5pt;">—</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
</tr>
<tr style="text-align: right; text-transform: none; font: 10pt/10pt 'times new roman', times, serif; white-space: nowrap; color: #000000; vertical-align: bottom;">
<td style="border-bottom: #ffffff 1px solid; text-align: left; padding-bottom: 2.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.5pt;">
<div style="white-space: nowrap;">U.S. dividend withholding tax</div>
</td>
<td style="border-bottom: #ffffff 1px solid; padding: 0pt;">​</td>
<td style="border-bottom: #ffffff 1px solid; padding: 0pt;">​</td>
<td style="border-bottom: #ffffff 1px solid; padding: 0pt;">​</td>
<td style="border-bottom: #000000 1px solid; padding-bottom: 2.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.5pt;">​</td>
<td style="border-bottom: #000000 1px solid; padding-bottom: 2.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3.5pt;">2,500</td>
<td style="border-bottom: #ffffff 1px solid; padding: 0pt;">​</td>
<td style="border-bottom: #ffffff 1px solid; padding: 0pt;">​</td>
<td style="border-bottom: #ffffff 1px solid; padding: 0pt;">​</td>
<td style="border-bottom: #ffffff 1px solid; padding: 0pt;">​</td>
<td style="border-bottom: #000000 1px solid; padding-bottom: 2.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.5pt;">​</td>
<td style="border-bottom: #000000 1px solid; padding-bottom: 2.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3.5pt;">—</td>
<td style="border-bottom: #ffffff 1px solid; padding: 0pt;">​</td>
<td style="border-bottom: #ffffff 1px solid; padding: 0pt;">​</td>
<td style="border-bottom: #ffffff 1px solid; padding: 0pt;">​</td>
<td style="border-bottom: #ffffff 1px solid; padding: 0pt;">​</td>
<td style="border-bottom: #000000 1px solid; padding-bottom: 2.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.5pt;">​</td>
<td style="border-bottom: #000000 1px solid; padding-bottom: 2.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3.5pt;">—</td>
<td style="border-bottom: #ffffff 1px solid; padding: 0pt;">​</td>
<td style="border-bottom: #ffffff 1px solid; padding: 0pt;">​</td>
</tr>
<tr style="text-align: right; text-transform: none; background-color: #cceeff; font: 10pt/10pt 'times new roman', times, serif; white-space: nowrap; color: #000000; vertical-align: bottom;">
<td style="text-align: left; padding-bottom: 2.75pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.25pt;">
<div style="white-space: nowrap;">Total income tax expense</div>
</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="border-bottom: #000000 3px double; padding-bottom: 2pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.25pt;">$</td>
<td style="border-bottom: #000000 3px double; padding-bottom: 2pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3.25pt;">6,279</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="border-bottom: #000000 3px double; padding-bottom: 2pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.25pt;">$</td>
<td style="border-bottom: #000000 3px double; padding-bottom: 2pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3.25pt;">939</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="border-bottom: #000000 3px double; padding-bottom: 2pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.25pt;">$</td>
<td style="border-bottom: #000000 3px double; padding-bottom: 2pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3.25pt;">9,741</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
</tr>
<tr style="line-height: 4pt; height: 4pt;">
<td style="line-height: 0pt; font-size: 0pt; padding: 0pt;" colspan="23">​</td>
</tr>
</table>
<div style="line-height: 12pt; margin-top: 12.98pt; text-indent: 20pt;">The significant components of the net deferred tax asset at the current prevailing corporate income tax rate are summarized as follows:</div>
<table style="margin-top: 8pt; border-collapse: collapse; height: 292.5pt; margin-left: 20pt;">
<tr style="text-align: left; text-transform: none; font: bold 8pt/8pt 'times new roman', times, serif; white-space: nowrap; color: #000000; vertical-align: bottom;">
<td style="border-bottom: #ffffff 1px solid; padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="border-bottom: #ffffff 1px solid; padding: 0pt;">​</td>
<td style="border-bottom: #ffffff 1px solid; padding: 0pt;">​</td>
<td style="border-bottom: #000000 1px solid; text-align: center; padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 0pt;" colspan="10">
<div style="text-align: center; white-space: nowrap;">December 31,</div>
</td>
<td style="border-bottom: #ffffff 1px solid; padding: 0pt;">​</td>
</tr>
<tr style="text-align: center; text-transform: none; font: bold 8pt/8pt 'times new roman', times, serif; white-space: nowrap; color: #000000; vertical-align: bottom;">
<td style="border-bottom: #ffffff 1px solid; text-align: left; padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="border-bottom: #ffffff 1px solid; padding: 0pt;">​</td>
<td style="border-bottom: #ffffff 1px solid; padding: 0pt;">​</td>
<td style="border-bottom: #000000 1px solid; padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 2.25pt;" colspan="4">
<div style="text-align: center; white-space: nowrap;">2015</div>
</td>
<td style="border-bottom: #ffffff 1px solid; padding: 0pt;">​</td>
<td style="border-bottom: #ffffff 1px solid; padding: 0pt;">​</td>
<td style="border-bottom: #000000 1px solid; padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 2.25pt;" colspan="4">
<div style="text-align: center; white-space: nowrap;">2014</div>
</td>
<td style="border-bottom: #ffffff 1px solid; padding: 0pt;">​</td>
</tr>
<tr style="text-align: left; text-transform: none; font: bold italic 8pt/8pt 'times new roman', times, serif; white-space: nowrap; color: #000000; vertical-align: bottom;">
<td style="padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="text-align: center; padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 2.25pt;" colspan="10">
<div style="text-align: center; white-space: nowrap;">(in thousands)</div>
</td>
<td style="padding: 0pt;">​</td>
</tr>
<tr style="text-align: left; text-transform: none; background-color: #cceeff; font: 10pt/10pt 'times new roman', times, serif; white-space: nowrap; color: #000000; vertical-align: bottom;">
<td style="padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 2.5pt;">Deferred tax assets:</td>
<td style="padding: 0pt;">​</td>
<td colspan="6">​</td>
<td colspan="6">​</td>
</tr>
<tr style="text-align: right; text-transform: none; font: 10pt/10pt 'times new roman', times, serif; white-space: nowrap; color: #000000; vertical-align: bottom;">
<td style="text-align: left; padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 2.5pt;">
<div style="margin-left: 10pt;">Accrued compensation expenses</div>
</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 2.5pt;">$</td>
<td style="padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 2.5pt;">5,318</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 2.5pt;">$</td>
<td style="padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 2.5pt;">5,673</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
</tr>
<tr style="text-align: right; text-transform: none; background-color: #cceeff; font: 10pt/10pt 'times new roman', times, serif; white-space: nowrap; color: #000000; vertical-align: bottom;">
<td style="text-align: left; padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 2.5pt;">
<div style="margin-left: 10pt;">Reserve for losses and loss adjustment expenses</div>
</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 2.5pt;">​</td>
<td style="padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 2.5pt;">4,861</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 2.5pt;">​</td>
<td style="padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 2.5pt;">5,112</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
</tr>
<tr style="text-align: right; text-transform: none; font: 10pt/10pt 'times new roman', times, serif; white-space: nowrap; color: #000000; vertical-align: bottom;">
<td style="text-align: left; padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 2.5pt;">
<div style="margin-left: 10pt;">Unearned premiums</div>
</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 2.5pt;">​</td>
<td style="padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 2.5pt;">2,474</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 2.5pt;">​</td>
<td style="padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 2.5pt;">2,130</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
</tr>
<tr style="text-align: right; text-transform: none; background-color: #cceeff; font: 10pt/10pt 'times new roman', times, serif; white-space: nowrap; color: #000000; vertical-align: bottom;">
<td style="text-align: left; padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 2.5pt;">
<div style="margin-left: 10pt;">Share based compensation</div>
</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 2.5pt;">​</td>
<td style="padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 2.5pt;">1,948</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 2.5pt;">​</td>
<td style="padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 2.5pt;">2,856</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
</tr>
<tr style="text-align: right; text-transform: none; font: 10pt/10pt 'times new roman', times, serif; white-space: nowrap; color: #000000; vertical-align: bottom;">
<td style="text-align: left; padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 2.5pt;">
<div style="margin-left: 10pt;">Allowance for doubtful accounts</div>
</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 2.5pt;">​</td>
<td style="padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 2.5pt;">972</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 2.5pt;">​</td>
<td style="padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 2.5pt;">695</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
</tr>
<tr style="text-align: right; text-transform: none; background-color: #cceeff; font: 10pt/10pt 'times new roman', times, serif; white-space: nowrap; color: #000000; vertical-align: bottom;">
<td style="text-align: left; padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 2.5pt;">
<div style="margin-left: 10pt;">Deferred policy acquisition costs</div>
</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 2.5pt;">​</td>
<td style="padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 2.5pt;">593</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 2.5pt;">​</td>
<td style="padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 2.5pt;">123</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
</tr>
<tr style="text-align: right; text-transform: none; font: 10pt/10pt 'times new roman', times, serif; white-space: nowrap; color: #000000; vertical-align: bottom;">
<td style="text-align: left; padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 2.5pt;">
<div style="margin-left: 10pt;">Property and equipment</div>
</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 2.5pt;">​</td>
<td style="padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 2.5pt;">2,221</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 2.5pt;">​</td>
<td style="padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 2.5pt;">1,771</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
</tr>
<tr style="text-align: right; text-transform: none; background-color: #cceeff; font: 10pt/10pt 'times new roman', times, serif; white-space: nowrap; color: #000000; vertical-align: bottom;">
<td style="text-align: left; padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 2.5pt;">
<div style="margin-left: 10pt;">AMT credit</div>
</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 2.5pt;">​</td>
<td style="padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 2.5pt;">430</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 2.5pt;">​</td>
<td style="padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 2.5pt;">—</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
</tr>
<tr style="text-align: right; text-transform: none; font: 10pt/10pt 'times new roman', times, serif; white-space: nowrap; color: #000000; vertical-align: bottom;">
<td style="text-align: left; padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 2.5pt;">
<div style="margin-left: 10pt;">Invested asset impairments</div>
</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 2.5pt;">​</td>
<td style="padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 2.5pt;">891</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 2.5pt;">​</td>
<td style="padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 2.5pt;">824</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
</tr>
<tr style="text-align: right; text-transform: none; background-color: #cceeff; font: 10pt/10pt 'times new roman', times, serif; white-space: nowrap; color: #000000; vertical-align: bottom;">
<td style="border-bottom: #cceeff 1px solid; text-align: left; padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 2.5pt;">
<div style="margin-left: 10pt;">Other</div>
</td>
<td style="border-bottom: #cceeff 1px solid; padding: 0pt;">​</td>
<td style="border-bottom: #cceeff 1px solid; padding: 0pt;">​</td>
<td style="border-bottom: #cceeff 1px solid; padding: 0pt;">​</td>
<td style="border-bottom: #000000 1px solid; padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 2.5pt;">​</td>
<td style="border-bottom: #000000 1px solid; padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 2.5pt;">2,209</td>
<td style="border-bottom: #cceeff 1px solid; padding: 0pt;">​</td>
<td style="border-bottom: #cceeff 1px solid; padding: 0pt;">​</td>
<td style="border-bottom: #cceeff 1px solid; padding: 0pt;">​</td>
<td style="border-bottom: #cceeff 1px solid; padding: 0pt;">​</td>
<td style="border-bottom: #000000 1px solid; padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 2.5pt;">​</td>
<td style="border-bottom: #000000 1px solid; padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 2.5pt;">1,851</td>
<td style="border-bottom: #cceeff 1px solid; padding: 0pt;">​</td>
<td style="border-bottom: #cceeff 1px solid; padding: 0pt;">​</td>
</tr>
<tr style="text-align: right; text-transform: none; font: 10pt/10pt 'times new roman', times, serif; white-space: nowrap; color: #000000; vertical-align: bottom;">
<td style="text-align: left; padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 2.25pt;">
<div style="white-space: nowrap;">Total deferred tax assets</div>
</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 2.25pt;">​</td>
<td style="padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 2.25pt;">21,917</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 2.25pt;">​</td>
<td style="padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 2.25pt;">21,035</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
</tr>
<tr style="text-align: left; text-transform: none; background-color: #cceeff; font: 10pt/10pt 'times new roman', times, serif; white-space: nowrap; color: #000000; vertical-align: bottom;">
<td style="padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 2.5pt;">Deferred tax liabilities:</td>
<td style="padding: 0pt;">​</td>
<td colspan="6">​</td>
<td colspan="6">​</td>
</tr>
<tr style="text-align: right; text-transform: none; font: 10pt/10pt 'times new roman', times, serif; white-space: nowrap; color: #000000; vertical-align: bottom;">
<td style="text-align: left; padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 2.5pt;">
<div style="margin-left: 10pt;">Intangible assets</div>
</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 2.5pt;">​</td>
<td style="padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 2.5pt;">12,573</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 2.5pt;">​</td>
<td style="padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 2.5pt;">12,592</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
</tr>
<tr style="text-align: right; text-transform: none; background-color: #cceeff; font: 10pt/10pt 'times new roman', times, serif; white-space: nowrap; color: #000000; vertical-align: bottom;">
<td style="text-align: left; padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 2.5pt;">
<div style="margin-left: 10pt;">Net unrealized gains</div>
</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 2.5pt;">​</td>
<td style="padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 2.5pt;">3,310</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 2.5pt;">​</td>
<td style="padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 2.5pt;">4,248</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
</tr>
<tr style="text-align: right; text-transform: none; font: 10pt/10pt 'times new roman', times, serif; white-space: nowrap; color: #000000; vertical-align: bottom;">
<td style="text-align: left; padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 2.5pt;">
<div style="margin-left: 10pt;">Deferred gain on extinguishment of debt</div>
</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 2.5pt;">​</td>
<td style="padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 2.5pt;">318</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 2.5pt;">​</td>
<td style="padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 2.5pt;">424</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
</tr>
<tr style="text-align: right; text-transform: none; background-color: #cceeff; font: 10pt/10pt 'times new roman', times, serif; white-space: nowrap; color: #000000; vertical-align: bottom;">
<td style="text-align: left; padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 2.5pt;">
<div style="margin-left: 10pt;">Equity method investments</div>
</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 2.5pt;">​</td>
<td style="padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 2.5pt;">4,784</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 2.5pt;">​</td>
<td style="padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 2.5pt;">2,897</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
</tr>
<tr style="text-align: right; text-transform: none; font: 10pt/10pt 'times new roman', times, serif; white-space: nowrap; color: #000000; vertical-align: bottom;">
<td style="border-bottom: #ffffff 1px solid; text-align: left; padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 2.5pt;">
<div style="margin-left: 10pt;">Other</div>
</td>
<td style="border-bottom: #ffffff 1px solid; padding: 0pt;">​</td>
<td style="border-bottom: #ffffff 1px solid; padding: 0pt;">​</td>
<td style="border-bottom: #ffffff 1px solid; padding: 0pt;">​</td>
<td style="border-bottom: #000000 1px solid; padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 2.5pt;">​</td>
<td style="border-bottom: #000000 1px solid; padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 2.5pt;">464</td>
<td style="border-bottom: #ffffff 1px solid; padding: 0pt;">​</td>
<td style="border-bottom: #ffffff 1px solid; padding: 0pt;">​</td>
<td style="border-bottom: #ffffff 1px solid; padding: 0pt;">​</td>
<td style="border-bottom: #ffffff 1px solid; padding: 0pt;">​</td>
<td style="border-bottom: #000000 1px solid; padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 2.5pt;">​</td>
<td style="border-bottom: #000000 1px solid; padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 2.5pt;">423</td>
<td style="border-bottom: #ffffff 1px solid; padding: 0pt;">​</td>
<td style="border-bottom: #ffffff 1px solid; padding: 0pt;">​</td>
</tr>
<tr style="text-align: right; text-transform: none; background-color: #cceeff; font: 10pt/10pt 'times new roman', times, serif; white-space: nowrap; color: #000000; vertical-align: bottom;">
<td style="border-bottom: #cceeff 1px solid; text-align: left; padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 2.25pt;">
<div style="white-space: nowrap;">Total deferred tax liabilities</div>
</td>
<td style="border-bottom: #cceeff 1px solid; padding: 0pt;">​</td>
<td style="border-bottom: #cceeff 1px solid; padding: 0pt;">​</td>
<td style="border-bottom: #cceeff 1px solid; padding: 0pt;">​</td>
<td style="border-bottom: #000000 1px solid; padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 2.25pt;">​</td>
<td style="border-bottom: #000000 1px solid; padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 2.25pt;">21,449</td>
<td style="border-bottom: #cceeff 1px solid; padding: 0pt;">​</td>
<td style="border-bottom: #cceeff 1px solid; padding: 0pt;">​</td>
<td style="border-bottom: #cceeff 1px solid; padding: 0pt;">​</td>
<td style="border-bottom: #cceeff 1px solid; padding: 0pt;">​</td>
<td style="border-bottom: #000000 1px solid; padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 2.25pt;">​</td>
<td style="border-bottom: #000000 1px solid; padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 2.25pt;">20,584</td>
<td style="border-bottom: #cceeff 1px solid; padding: 0pt;">​</td>
<td style="border-bottom: #cceeff 1px solid; padding: 0pt;">​</td>
</tr>
<tr style="text-align: right; text-transform: none; font: 10pt/10pt 'times new roman', times, serif; white-space: nowrap; color: #000000; vertical-align: bottom;">
<td style="text-align: left; padding-bottom: 2.75pt; padding-left: 0pt; padding-right: 0pt; padding-top: 2.25pt;">
<div style="white-space: nowrap;">Net deferred tax assets</div>
</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="border-bottom: #000000 3px double; padding-bottom: 2pt; padding-left: 0pt; padding-right: 0pt; padding-top: 2.25pt;">$</td>
<td style="border-bottom: #000000 3px double; padding-bottom: 2pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 2.25pt;">468</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="border-bottom: #000000 3px double; padding-bottom: 2pt; padding-left: 0pt; padding-right: 0pt; padding-top: 2.25pt;">$</td>
<td style="border-bottom: #000000 3px double; padding-bottom: 2pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 2.25pt;">451</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
</tr>
<tr style="line-height: 5pt; height: 5pt;">
<td style="line-height: 0pt; font-size: 0pt; padding: 0pt;" colspan="16">​</td>
</tr>
</table>
<div style="line-height: 12pt; margin-top: 13.99pt; text-indent: 20pt;">Deferred income taxes have not been accrued with respect to certain undistributed earnings of foreign subsidiaries. If the earnings were to be distributed, as dividends or otherwise, such amounts may be subject to withholding taxation in the jurisdiction of the paying entity. The Company asserts that U.S. unremitted earnings as of December 31, 2015 will be permanently reinvested in the U.S. and, accordingly, no provision for withholding taxes arising in respect to U.S. unremitted earnings has been made. </div>
<div style="line-height: 12pt; margin-top: 13.99pt; text-indent: 20pt;">
<div style="widows: 1; text-transform: none; margin-top: 1pt; text-indent: 20pt; font: 13px/12pt 'times new roman', times, serif; white-space: normal; letter-spacing: normal; color: #000000; word-spacing: 0px; -webkit-text-stroke-width: 0px;">The Company had no reserve for future tax contingencies or liabilities (“unrecognized tax benefits”) at December 31, 2015 or 2014.</div>
<div style="widows: 1; text-transform: none; margin-top: 6pt; text-indent: 20pt; font: 13px/12pt 'times new roman', times, serif; white-space: normal; letter-spacing: normal; color: #000000; word-spacing: 0px; -webkit-text-stroke-width: 0px;">The U.S. imposes a 1% excise tax on reinsurance premiums paid to non-U.S. reinsurers with respect to risks located in the U.S. The rates of tax are established based on the nature of the risk, unless reduced by an applicable U.S. tax treaty. For the years ended December 31, 2015, 2014, and 2013, the Company paid $1.9 million, $1.4 million, and $1.4 million, respectively, of federal excise taxes on its intercompany reinsurance transactions. The Company also paid excise taxes of  $1.7 million, $1.8 million, and $2.6 million for the years ended December 31, 2015, 2014, and 2013, respectively, on written premiums assumed from third-party insurers with respect to risks located in the U.S. These excise taxes are reflected as “other operating expenses” in the Company’s consolidated income statements.</div>
</div>
</div>
</div>
9741000
539000
3971000
2500000
10906000
3166000
5317000
769000
751000
858000
583000
740000
867000
2033000
187000
897000
379000
400000
-192000
<div style="text-align: left; widows: 1; text-transform: none; margin-top: 13pt; text-indent: 0px; width: 20pt; font: bold 13px/11pt 'times new roman', times, serif; white-space: nowrap; margin-bottom: 0pt; float: left; letter-spacing: normal; color: #000000; word-spacing: 0px; -webkit-text-stroke-width: 0px;">11.</div>
<div style="text-align: left; widows: 1; text-transform: none; margin-top: 13pt; text-indent: 0px; font: bold 13px/11pt 'times new roman', times, serif; white-space: normal; margin-bottom: 0pt; float: left; letter-spacing: normal; color: #000000; word-spacing: 0px; -webkit-text-stroke-width: 0px;">Equity Awards</div>
<div style="widows: 1; text-transform: none; text-indent: 0px; margin: 0pt; font: 0pt/0pt 'times new roman', times, serif; white-space: normal; letter-spacing: normal; color: #000000; clear: both; word-spacing: 0px; -webkit-text-stroke-width: 0px; padding: 0pt;">​</div>
<div style="widows: 1; text-transform: none; margin-top: 12pt; text-indent: 0px; font: italic 13px/11pt 'times new roman', times, serif; white-space: normal; letter-spacing: normal; color: #000000; word-spacing: 0px; -webkit-text-stroke-width: 0px;">Equity Incentive Plans</div>
<div style="widows: 1; text-transform: none; margin-top: 6pt; text-indent: 20pt; font: 13px/12pt 'times new roman', times, serif; white-space: normal; letter-spacing: normal; color: #000000; word-spacing: 0px; -webkit-text-stroke-width: 0px;">The Company’s shareholders have approved various equity incentive plans, including the Amended and Restated 2009 Equity Incentive Plan (the “Legacy Plan”), the 2014 Long Term Incentive Plan (“2014 LTIP”), and the 2014 Non-Employee Director Incentive Plan (“2014 Director Plan”) (collectively, the “Plans”). All awards issued under the Plans are issued at the discretion of the Board of Directors. Under the Legacy Plan, employees received non-qualified stock options. Options are outstanding under the Legacy Plan; however, no additional awards may be granted.</div>
<div style="widows: 1; text-transform: none; margin-top: 6pt; text-indent: 20pt; font: 13px/12pt 'times new roman', times, serif; white-space: normal; letter-spacing: normal; color: #000000; word-spacing: 0px; -webkit-text-stroke-width: 0px;">
<div style="widows: 1; text-transform: none; margin-top: 1pt; text-indent: 20pt; font: 13px/12pt 'times new roman', times, serif; white-space: normal; letter-spacing: normal; color: #000000; word-spacing: 0px; -webkit-text-stroke-width: 0px;">Employees are eligible to receive non-qualified stock options, incentive stock options, share appreciation rights, performance shares, restricted shares, restricted share units (“RSUs”), and other awards under the 2014 LTIP. The maximum number of shares available for issuance under the 2014 LTIP is 3,171,150, and at December 31, 2015, 1,843,481 shares are available for grant.</div>
<div style="widows: 1; text-transform: none; margin-top: 6pt; text-indent: 20pt; font: 13px/12pt 'times new roman', times, serif; white-space: normal; letter-spacing: normal; color: #000000; word-spacing: 0px; -webkit-text-stroke-width: 0px;">Non-employee directors of the Company are eligible to receive non-qualified stock options, share appreciation rights, performance shares, restricted shares, restricted share units, and other awards under the 2014 Director Plan. The maximum number of shares available for issuance under the 2014 Director Plan is 50,000, and at December 31, 2015, 42,860 shares are available for grant.</div>
<div style="widows: 1; text-transform: none; margin-top: 6pt; text-indent: 20pt; font: 13px/12pt 'times new roman', times, serif; white-space: normal; letter-spacing: normal; color: #000000; word-spacing: 0px; -webkit-text-stroke-width: 0px;">All options issued under the Legacy Plan vest in the event of a change in control. Generally, awards issued under the 2014 LTIP and 2014 Director Plan vest immediately in the event that an award recipient is terminated without Cause (as defined), and in the case of the 2014 LTIP for Good Reason (as defined), during the 12-month period following a Change in Control (as defined).</div>
<div style="widows: 1; text-transform: none; margin-top: 12pt; text-indent: 0px; font: italic 13px/11pt 'times new roman', times, serif; white-space: normal; letter-spacing: normal; color: #000000; word-spacing: 0px; -webkit-text-stroke-width: 0px;">Options</div>
<div style="widows: 1; text-transform: none; margin-top: 6pt; text-indent: 20pt; font: 13px/12pt 'times new roman', times, serif; white-space: normal; letter-spacing: normal; color: #000000; word-spacing: 0px; -webkit-text-stroke-width: 0px;">The following table summarizes the option activity for the periods ended December 31, 2015, 2014, and 2013:</div>
<table align="center" style="widows: 1; text-transform: none; margin-top: 8pt; text-indent: 0px; width: 100%; border-collapse: collapse; font: 13px 'times new roman', times, serif; white-space: normal; letter-spacing: normal; height: 165px; color: #000000; word-spacing: 0px; -webkit-text-stroke-width: 0px;" border="0">
<tr style="text-align: left; text-transform: none; font: bold 8pt/8pt 'times new roman', times, serif; white-space: nowrap; color: #000000; vertical-align: bottom;">
<td style="border-bottom: #ffffff 1px solid; padding-bottom: 0.5pt; padding-left: 0pt; width: 157.55pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="border-bottom: #ffffff 1px solid; width: 6pt; padding: 0pt;">​</td>
<td style="border-bottom: #ffffff 1px solid; width: 6pt; padding: 0pt;">​</td>
<td style="border-bottom: #000000 1px solid; text-align: center; padding-bottom: 1.5pt; padding-left: 0pt; width: 0pt; padding-right: 0pt; padding-top: 0pt;" colspan="34">
<div style="text-align: center; white-space: nowrap;">Year Ended December 31,</div>
</td>
<td style="border-bottom: #ffffff 1px solid; width: 0pt; padding: 0pt;">​</td>
</tr>
<tr style="text-align: center; text-transform: none; font: bold 8pt/8pt 'times new roman', times, serif; white-space: nowrap; color: #000000; vertical-align: bottom;">
<td style="border-bottom: #ffffff 1px solid; text-align: left; padding-bottom: 0.5pt; padding-left: 0pt; width: 157.55pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="border-bottom: #ffffff 1px solid; width: 6pt; padding: 0pt;">​</td>
<td style="border-bottom: #ffffff 1px solid; width: 6pt; padding: 0pt;">​</td>
<td style="border-bottom: #000000 1px solid; padding-bottom: 1.5pt; padding-left: 0pt; width: 0pt; padding-right: 0pt; padding-top: 2.25pt;" colspan="10">
<div style="text-align: center; white-space: nowrap;">2015</div>
</td>
<td style="border-bottom: #ffffff 1px solid; width: 6pt; padding: 0pt;">​</td>
<td style="border-bottom: #ffffff 1px solid; width: 6pt; padding: 0pt;">​</td>
<td style="border-bottom: #000000 1px solid; padding-bottom: 1.5pt; padding-left: 0pt; width: 0pt; padding-right: 0pt; padding-top: 2.25pt;" colspan="10">
<div style="text-align: center; white-space: nowrap;">2014</div>
</td>
<td style="border-bottom: #ffffff 1px solid; width: 6pt; padding: 0pt;">​</td>
<td style="border-bottom: #ffffff 1px solid; width: 6pt; padding: 0pt;">​</td>
<td style="border-bottom: #000000 1px solid; padding-bottom: 1.5pt; padding-left: 0pt; width: 0pt; padding-right: 0pt; padding-top: 2.25pt;" colspan="10">
<div style="text-align: center; white-space: nowrap;">2013</div>
</td>
<td style="border-bottom: #ffffff 1px solid; width: 0pt; padding: 0pt;">​</td>
</tr>
<tr style="text-align: center; text-transform: none; font: bold 8pt/9pt 'times new roman', times, serif; white-space: nowrap; color: #000000; vertical-align: bottom;">
<td style="border-bottom: #ffffff 1px solid; text-align: left; padding-bottom: 0.5pt; padding-left: 0pt; width: 157.55pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="border-bottom: #ffffff 1px solid; width: 6pt; padding: 0pt;">​</td>
<td style="border-bottom: #ffffff 1px solid; width: 6pt; padding: 0pt;">​</td>
<td style="border-bottom: #000000 1px solid; padding-bottom: 1.167pt; padding-left: 0pt; padding-right: 0pt; padding-top: 1.583pt;" colspan="4">
<div style="text-align: center; white-space: nowrap;">Shares</div>
</td>
<td style="border-bottom: #ffffff 1px solid; width: 6pt; padding: 0pt;">​</td>
<td style="border-bottom: #ffffff 1px solid; width: 6pt; padding: 0pt;">​</td>
<td style="border-bottom: #000000 1px solid; padding-bottom: 1.167pt; padding-left: 0pt; padding-right: 0pt; padding-top: 1.583pt;" colspan="4">
<div style="text-align: center;">Weighted- <br />Average <br />Exercise <br />Price</div>
</td>
<td style="border-bottom: #ffffff 1px solid; width: 6pt; padding: 0pt;">​</td>
<td style="border-bottom: #ffffff 1px solid; width: 6pt; padding: 0pt;">​</td>
<td style="border-bottom: #000000 1px solid; padding-bottom: 1.167pt; padding-left: 0pt; padding-right: 0pt; padding-top: 1.583pt;" colspan="4">
<div style="text-align: center; white-space: nowrap;">Shares</div>
</td>
<td style="border-bottom: #ffffff 1px solid; width: 6pt; padding: 0pt;">​</td>
<td style="border-bottom: #ffffff 1px solid; width: 6pt; padding: 0pt;">​</td>
<td style="border-bottom: #000000 1px solid; padding-bottom: 1.167pt; padding-left: 0pt; padding-right: 0pt; padding-top: 1.583pt;" colspan="4">
<div style="text-align: center;">Weighted- <br />Average <br />Exercise <br />Price</div>
</td>
<td style="border-bottom: #ffffff 1px solid; width: 6pt; padding: 0pt;">​</td>
<td style="border-bottom: #ffffff 1px solid; width: 6pt; padding: 0pt;">​</td>
<td style="border-bottom: #000000 1px solid; padding-bottom: 1.167pt; padding-left: 0pt; padding-right: 0pt; padding-top: 1.583pt;" colspan="4">
<div style="text-align: center; white-space: nowrap;">Shares</div>
</td>
<td style="border-bottom: #ffffff 1px solid; width: 6pt; padding: 0pt;">​</td>
<td style="border-bottom: #ffffff 1px solid; width: 6pt; padding: 0pt;">​</td>
<td style="border-bottom: #000000 1px solid; padding-bottom: 1.167pt; padding-left: 0pt; padding-right: 0pt; padding-top: 1.583pt;" colspan="4">
<div style="text-align: center;">Weighted- <br />Average <br />Exercise <br />Price</div>
</td>
<td style="border-bottom: #ffffff 1px solid; width: 0pt; padding: 0pt;">​</td>
</tr>
<tr style="text-align: left; text-transform: none; background-color: #cceeff; font: 10pt/10pt 'times new roman', times, serif; white-space: nowrap; color: #000000; vertical-align: bottom;">
<td style="padding-bottom: 0.5pt; padding-left: 0pt; width: 157.55pt; padding-right: 0pt; padding-top: 2.25pt;">Outstanding:</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td colspan="6">​</td>
<td colspan="6">​</td>
<td colspan="6">​</td>
<td colspan="6">​</td>
<td colspan="6">​</td>
<td colspan="6">​</td>
</tr>
<tr style="text-align: right; text-transform: none; font: 10pt/10pt 'times new roman', times, serif; white-space: nowrap; color: #000000; vertical-align: bottom;">
<td style="text-align: left; padding-bottom: 0.5pt; padding-left: 0pt; width: 157.55pt; padding-right: 0pt; padding-top: 2.5pt;">
<div style="white-space: nowrap;">Beginning of year</div>
</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="min-width: 0pt; text-align: right; padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 2.5pt;">​</td>
<td style="min-width: 33pt; text-align: right; padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 2.5pt;">3,104,768</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="padding-bottom: 0pt; padding-left: 3.125pt; width: 0pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="min-width: 3.75pt; text-align: right; padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 2.5pt;">$</td>
<td style="min-width: 17.25pt; text-align: right; padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 2.5pt;">17.27</td>
<td style="padding-bottom: 0pt; padding-left: 3.125pt; width: 0pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="min-width: 0pt; text-align: right; padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 2.5pt;">​</td>
<td style="min-width: 30.75pt; text-align: right; padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 2.5pt;">2,166,250</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="padding-bottom: 0pt; padding-left: 3.125pt; width: 0pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="min-width: 3.75pt; text-align: right; padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 2.5pt;">$</td>
<td style="min-width: 17.25pt; text-align: right; padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 2.5pt;">15.51</td>
<td style="padding-bottom: 0pt; padding-left: 3.125pt; width: 0pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="min-width: 0pt; text-align: right; padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 2.5pt;">​</td>
<td style="min-width: 30.75pt; text-align: right; padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 2.5pt;">2,287,500</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="padding-bottom: 0pt; padding-left: 3.125pt; width: 0pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="min-width: 3.75pt; text-align: right; padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 2.5pt;">$</td>
<td style="min-width: 17.25pt; text-align: right; padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 2.5pt;">15.50</td>
<td style="padding-bottom: 0pt; padding-left: 3.125pt; width: 0pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
</tr>
<tr style="text-align: right; text-transform: none; background-color: #cceeff; font: 10pt/10pt 'times new roman', times, serif; white-space: nowrap; color: #000000; vertical-align: bottom;">
<td style="text-align: left; padding-bottom: 0.5pt; padding-left: 0pt; width: 157.55pt; padding-right: 0pt; padding-top: 2.5pt;">
<div style="white-space: nowrap;">Granted</div>
</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="min-width: 0pt; text-align: right; padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 2.5pt;">​</td>
<td style="min-width: 33pt; text-align: right; padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 2.5pt;">10,627</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="padding-bottom: 0pt; padding-left: 3.125pt; width: 0pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="min-width: 3.75pt; text-align: right; padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 2.5pt;">$</td>
<td style="min-width: 17.25pt; text-align: right; padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 2.5pt;">24.32</td>
<td style="padding-bottom: 0pt; padding-left: 3.125pt; width: 0pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="min-width: 0pt; text-align: right; padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 2.5pt;">​</td>
<td style="min-width: 30.75pt; text-align: right; padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 2.5pt;">993,518</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="padding-bottom: 0pt; padding-left: 3.125pt; width: 0pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="min-width: 3.75pt; text-align: right; padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 2.5pt;">$</td>
<td style="min-width: 17.25pt; text-align: right; padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 2.5pt;">21.00</td>
<td style="padding-bottom: 0pt; padding-left: 3.125pt; width: 0pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="min-width: 0pt; text-align: right; padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 2.5pt;">​</td>
<td style="min-width: 30.75pt; text-align: right; padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 2.5pt;">50,000</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="padding-bottom: 0pt; padding-left: 3.125pt; width: 0pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="min-width: 3.75pt; text-align: right; padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 2.5pt;">$</td>
<td style="min-width: 17.25pt; text-align: right; padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 2.5pt;">16.83</td>
<td style="padding-bottom: 0pt; padding-left: 3.125pt; width: 0pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
</tr>
<tr style="text-align: right; text-transform: none; font: 10pt/10pt 'times new roman', times, serif; white-space: nowrap; color: #000000; vertical-align: bottom;">
<td style="text-align: left; padding-bottom: 0.5pt; padding-left: 0pt; width: 157.55pt; padding-right: 0pt; padding-top: 2.5pt;">
<div style="white-space: nowrap;">Exercised</div>
</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="min-width: 0pt; text-align: right; padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 2.5pt;">​</td>
<td style="min-width: 33pt; text-align: right; padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 2.5pt;">(1,047,500<font style="position: absolute;">)</font></td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="padding-bottom: 0pt; padding-left: 3.125pt; width: 0pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="min-width: 3.75pt; text-align: right; padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 2.5pt;">$</td>
<td style="min-width: 17.25pt; text-align: right; padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 2.5pt;">15.66</td>
<td style="padding-bottom: 0pt; padding-left: 3.125pt; width: 0pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="min-width: 0pt; text-align: right; padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 2.5pt;">​</td>
<td style="min-width: 30.75pt; text-align: right; padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 2.5pt;">—</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="padding-bottom: 0pt; padding-left: 3.125pt; width: 0pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="min-width: 3.75pt; text-align: right; padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 2.5pt;">​</td>
<td style="min-width: 17.25pt; text-align: right; padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 2.5pt;">—</td>
<td style="padding-bottom: 0pt; padding-left: 3.125pt; width: 0pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="min-width: 0pt; text-align: right; padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 2.5pt;">​</td>
<td style="min-width: 30.75pt; text-align: right; padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 2.5pt;">—</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="padding-bottom: 0pt; padding-left: 3.125pt; width: 0pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="min-width: 3.75pt; text-align: right; padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 2.5pt;">​</td>
<td style="min-width: 17.25pt; text-align: right; padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 2.5pt;">—</td>
<td style="padding-bottom: 0pt; padding-left: 3.125pt; width: 0pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
</tr>
<tr style="text-align: right; text-transform: none; background-color: #cceeff; font: 10pt/10pt 'times new roman', times, serif; white-space: nowrap; color: #000000; vertical-align: bottom;">
<td style="text-align: left; padding-bottom: 0.5pt; padding-left: 0pt; width: 157.55pt; padding-right: 0pt; padding-top: 2.5pt;">
<div style="white-space: nowrap;">Forfeited</div>
</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="min-width: 0pt; text-align: right; padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 2.5pt;">​</td>
<td style="min-width: 33pt; text-align: right; padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 2.5pt;">(9,810<font style="position: absolute;">)</font></td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="padding-bottom: 0pt; padding-left: 3.125pt; width: 0pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="min-width: 3.75pt; text-align: right; padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 2.5pt;">$</td>
<td style="min-width: 17.25pt; text-align: right; padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 2.5pt;">21.00</td>
<td style="padding-bottom: 0pt; padding-left: 3.125pt; width: 0pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="min-width: 0pt; text-align: right; padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 2.5pt;">​</td>
<td style="min-width: 30.75pt; text-align: right; padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 2.5pt;">—</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="padding-bottom: 0pt; padding-left: 3.125pt; width: 0pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="min-width: 3.75pt; text-align: right; padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 2.5pt;">​</td>
<td style="min-width: 17.25pt; text-align: right; padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 2.5pt;">—</td>
<td style="padding-bottom: 0pt; padding-left: 3.125pt; width: 0pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="min-width: 0pt; text-align: right; padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 2.5pt;">​</td>
<td style="min-width: 30.75pt; text-align: right; padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 2.5pt;">—</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="padding-bottom: 0pt; padding-left: 3.125pt; width: 0pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="min-width: 3.75pt; text-align: right; padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 2.5pt;">​</td>
<td style="min-width: 17.25pt; text-align: right; padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 2.5pt;">—</td>
<td style="padding-bottom: 0pt; padding-left: 3.125pt; width: 0pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
</tr>
<tr style="text-align: right; text-transform: none; font: 10pt/10pt 'times new roman', times, serif; white-space: nowrap; color: #000000; vertical-align: bottom;">
<td style="border-bottom: #ffffff 1px solid; text-align: left; padding-bottom: 1.5pt; padding-left: 0pt; width: 157.55pt; padding-right: 0pt; padding-top: 2.5pt;">
<div style="white-space: nowrap;">Lapsed</div>
</td>
<td style="border-bottom: #ffffff 1px solid; width: 6pt; padding: 0pt;">​</td>
<td style="border-bottom: #ffffff 1px solid; width: 6pt; padding: 0pt;">​</td>
<td style="border-bottom: #ffffff 1px solid; width: 0pt; padding: 0pt;">​</td>
<td style="border-bottom: #000000 1px solid; min-width: 0pt; text-align: right; padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 2.5pt;">​</td>
<td style="border-bottom: #000000 1px solid; min-width: 33pt; text-align: right; padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 2.5pt;">—</td>
<td style="border-bottom: #ffffff 1px solid; width: 0pt; padding: 0pt;">​</td>
<td style="border-bottom: #ffffff 1px solid; width: 6pt; padding: 0pt;">​</td>
<td style="border-bottom: #ffffff 1px;">​</td>
<td style="border-bottom: #ffffff 1px solid; padding-bottom: 0pt; padding-left: 3.125pt; width: 0pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="border-bottom: #ffffff 1px solid; min-width: 3.75pt; text-align: right; padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 2.5pt;">​</td>
<td style="border-bottom: #ffffff 1px solid; min-width: 17.25pt; text-align: right; padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 2.5pt;">—</td>
<td style="border-bottom: #ffffff 1px solid; padding-bottom: 0pt; padding-left: 3.125pt; width: 0pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="border-bottom: #ffffff 1px solid; width: 6pt; padding: 0pt;">​</td>
<td style="border-bottom: #ffffff 1px solid; width: 6pt; padding: 0pt;">​</td>
<td style="border-bottom: #ffffff 1px solid; width: 0pt; padding: 0pt;">​</td>
<td style="border-bottom: #000000 1px solid; min-width: 0pt; text-align: right; padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 2.5pt;">​</td>
<td style="border-bottom: #000000 1px solid; min-width: 30.75pt; text-align: right; padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 2.5pt;">(55,000<font style="position: absolute;">)</font></td>
<td style="border-bottom: #ffffff 1px solid; width: 0pt; padding: 0pt;">​</td>
<td style="border-bottom: #ffffff 1px solid; width: 6pt; padding: 0pt;">​</td>
<td style="border-bottom: #ffffff 1px solid; width: 6pt; padding: 0pt;">​</td>
<td style="border-bottom: #ffffff 1px solid; padding-bottom: 0pt; padding-left: 3.125pt; width: 0pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="border-bottom: #ffffff 1px solid; min-width: 3.75pt; text-align: right; padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 2.5pt;">$</td>
<td style="border-bottom: #ffffff 1px solid; min-width: 17.25pt; text-align: right; padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 2.5pt;">15.65</td>
<td style="border-bottom: #ffffff 1px solid; padding-bottom: 0pt; padding-left: 3.125pt; width: 0pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="border-bottom: #ffffff 1px solid; width: 6pt; padding: 0pt;">​</td>
<td style="border-bottom: #ffffff 1px solid; width: 6pt; padding: 0pt;">​</td>
<td style="border-bottom: #ffffff 1px solid; width: 0pt; padding: 0pt;">​</td>
<td style="border-bottom: #000000 1px solid; min-width: 0pt; text-align: right; padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 2.5pt;">​</td>
<td style="border-bottom: #000000 1px solid; min-width: 30.75pt; text-align: right; padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 2.5pt;">(171,250<font style="position: absolute;">)</font></td>
<td style="border-bottom: #ffffff 1px solid; width: 0pt; padding: 0pt;">​</td>
<td style="border-bottom: #ffffff 1px solid; width: 6pt; padding: 0pt;">​</td>
<td style="border-bottom: #ffffff 1px solid; width: 6pt; padding: 0pt;">​</td>
<td style="border-bottom: #ffffff 1px solid; padding-bottom: 0pt; padding-left: 3.125pt; width: 0pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="border-bottom: #ffffff 1px solid; min-width: 3.75pt; text-align: right; padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 2.5pt;">$</td>
<td style="border-bottom: #ffffff 1px solid; min-width: 17.25pt; text-align: right; padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 2.5pt;">15.65</td>
<td style="border-bottom: #ffffff 1px solid; padding-bottom: 0pt; padding-left: 3.125pt; width: 0pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="border-bottom: #ffffff 1px solid; width: 0pt; padding: 0pt;">​</td>
</tr>
<tr style="text-align: right; text-transform: none; background-color: #cceeff; font: 10pt/10pt 'times new roman', times, serif; white-space: nowrap; color: #000000; vertical-align: bottom;">
<td style="text-align: left; padding-bottom: 2.25pt; padding-left: 0pt; width: 157.55pt; padding-right: 0pt; padding-top: 2.25pt;">
<div style="white-space: nowrap;">End of year</div>
</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="border-bottom: #000000 3px double; min-width: 0pt; text-align: right; padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 2.25pt;">​</td>
<td style="border-bottom: #000000 3px double; min-width: 33pt; text-align: right; padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 2.25pt;">2,058,085</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="padding-bottom: 0pt; padding-left: 3.125pt; width: 0pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="min-width: 3.75pt; text-align: right; padding-bottom: 1.75pt; padding-left: 0pt; padding-right: 0pt; padding-top: 2.25pt;">$</td>
<td style="min-width: 17.25pt; text-align: right; padding-bottom: 1.75pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 2.25pt;">18.11</td>
<td style="padding-bottom: 0pt; padding-left: 3.125pt; width: 0pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="border-bottom: #000000 3px double; min-width: 0pt; text-align: right; padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 2.25pt;">​</td>
<td style="border-bottom: #000000 3px double; min-width: 30.75pt; text-align: right; padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 2.25pt;">3,104,768</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="padding-bottom: 0pt; padding-left: 3.125pt; width: 0pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="min-width: 3.75pt; text-align: right; padding-bottom: 1.75pt; padding-left: 0pt; padding-right: 0pt; padding-top: 2.25pt;">$</td>
<td style="min-width: 17.25pt; text-align: right; padding-bottom: 1.75pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 2.25pt;">17.27</td>
<td style="padding-bottom: 0pt; padding-left: 3.125pt; width: 0pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="border-bottom: #000000 3px double; min-width: 0pt; text-align: right; padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 2.25pt;">​</td>
<td style="border-bottom: #000000 3px double; min-width: 30.75pt; text-align: right; padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 2.25pt;">2,166,250</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="padding-bottom: 0pt; padding-left: 3.125pt; width: 0pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="min-width: 3.75pt; text-align: right; padding-bottom: 1.75pt; padding-left: 0pt; padding-right: 0pt; padding-top: 2.25pt;">$</td>
<td style="min-width: 17.25pt; text-align: right; padding-bottom: 1.75pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 2.25pt;">15.51</td>
<td style="padding-bottom: 0pt; padding-left: 3.125pt; width: 0pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
</tr>
<tr style="text-align: right; text-transform: none; font: 10pt/10pt 'times new roman', times, serif; white-space: nowrap; color: #000000; vertical-align: bottom;">
<td style="text-align: left; padding-bottom: 2.75pt; padding-left: 0pt; width: 157.55pt; padding-right: 0pt; padding-top: 1.75pt;">
<div style="white-space: nowrap;">Exercisable, end of year</div>
</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="border-bottom: #000000 3px double; min-width: 0pt; text-align: right; padding-bottom: 2pt; padding-left: 0pt; padding-right: 0pt; padding-top: 1.75pt;">​</td>
<td style="border-bottom: #000000 3px double; min-width: 33pt; text-align: right; padding-bottom: 2pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 1.75pt;">1,217,903</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="padding-bottom: 0pt; padding-left: 3.125pt; width: 0pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="min-width: 3.75pt; text-align: right; padding-bottom: 1.75pt; padding-left: 0pt; padding-right: 0pt; padding-top: 1.75pt;">$</td>
<td style="min-width: 17.25pt; text-align: right; padding-bottom: 1.75pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 1.75pt;">16.85</td>
<td style="padding-bottom: 0pt; padding-left: 3.125pt; width: 0pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="border-bottom: #000000 3px double; min-width: 0pt; text-align: right; padding-bottom: 2pt; padding-left: 0pt; padding-right: 0pt; padding-top: 1.75pt;">​</td>
<td style="border-bottom: #000000 3px double; min-width: 30.75pt; text-align: right; padding-bottom: 2pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 1.75pt;">1,751,249</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="padding-bottom: 0pt; padding-left: 3.125pt; width: 0pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="min-width: 3.75pt; text-align: right; padding-bottom: 1.75pt; padding-left: 0pt; padding-right: 0pt; padding-top: 1.75pt;">$</td>
<td style="min-width: 17.25pt; text-align: right; padding-bottom: 1.75pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 1.75pt;">15.51</td>
<td style="padding-bottom: 0pt; padding-left: 3.125pt; width: 0pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="border-bottom: #000000 3px double; min-width: 0pt; text-align: right; padding-bottom: 2pt; padding-left: 0pt; padding-right: 0pt; padding-top: 1.75pt;">​</td>
<td style="border-bottom: #000000 3px double; min-width: 30.75pt; text-align: right; padding-bottom: 2pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 1.75pt;">1,570,100</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="padding-bottom: 0pt; padding-left: 3.125pt; width: 0pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="min-width: 3.75pt; text-align: right; padding-bottom: 1.75pt; padding-left: 0pt; padding-right: 0pt; padding-top: 1.75pt;">$</td>
<td style="min-width: 17.25pt; text-align: right; padding-bottom: 1.75pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 1.75pt;">15.54</td>
<td style="padding-bottom: 0pt; padding-left: 3.125pt; width: 0pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
</tr>
<tr style="line-height: 5pt; height: 5pt;">
<td style="line-height: 0pt; font-size: 0pt; padding: 0pt;" colspan="44">​</td>
</tr>
</table>
<div style="widows: 1; text-transform: none; margin-top: 12.79pt; text-indent: 20pt; font: 13px/12pt 'times new roman', times, serif; white-space: normal; letter-spacing: normal; color: #000000; word-spacing: 0px; -webkit-text-stroke-width: 0px;">All of the outstanding options vest over three or four years and have a contractual life of seven years from the original date of grant. All of the outstanding options have an exercise price greater than or equal to the fair value of the underlying shares at the date of grant. For 2015 and 2014, the fair value of the underlying share was equal to the market price. For 2013, management determined the fair value of an underlying share based on a variety of information including an appraisal by an independent third-party that utilized a combination of a market approach and a discounted cash flow analysis which projected the future cash flows of the Company and discounted those cash flows to the present value.</div>
<div style="widows: 1; text-transform: none; margin-top: 6pt; text-indent: 20pt; font: 13px/12pt 'times new roman', times, serif; white-space: normal; letter-spacing: normal; color: #000000; word-spacing: 0px; -webkit-text-stroke-width: 0px;">The intrinsic value of each option is determined based on the difference between the fair value of the underlying share and the exercise price of the underlying option. The total intrinsic value of options exercised during 2015 was $12.8 million. There were no options exercised in 2014 or 2013. The aggregate intrinsic value of options outstanding at December 31, 2015, 2014, and 2013 was $31.8 million, $17.1 million, and $5.4 million, respectively. The aggregate intrinsic value of options exercisable at December 31, 2015, 2014, and 2013 was $20.3 million, $12.7 million and $3.9 million, respectively. The fair value used for calculating intrinsic values was $33.54, $22.76, and $18.01 at December 31, 2015, 2014, and 2013, respectively.​</div>
<div style="widows: 1; text-transform: none; margin-top: 6pt; text-indent: 20pt; font: 13px/12pt 'times new roman', times, serif; white-space: normal; letter-spacing: normal; color: #000000; word-spacing: 0px; -webkit-text-stroke-width: 0px;">
<div style="widows: 1; text-transform: none; margin-top: 1pt; text-indent: 20pt; font: 13px/12pt 'times new roman', times, serif; white-space: normal; letter-spacing: normal; color: #000000; word-spacing: 0px; -webkit-text-stroke-width: 0px;">The weighted-average remaining contractual life of the options outstanding and options exercisable at December 31, 2015 is 4.2 years and 3.4 years, respectively. The weighted-average fair value of options granted during 2015, 2014, and 2013 was $4.31, $3.99, and $3.62, respectively. The value of the options granted was estimated at the date of grant using the Black-Scholes-Merton option pricing model using the following assumptions:</div>
<table align="center" style="widows: 1; text-transform: none; margin-top: 8pt; text-indent: 0px; width: 100%; border-collapse: collapse; font: 13px 'times new roman', times, serif; white-space: normal; letter-spacing: normal; height: 72px; color: #000000; word-spacing: 0px; -webkit-text-stroke-width: 0px;" border="0">
<tr style="text-align: left; text-transform: none; font: bold 8pt/8pt 'times new roman', times, serif; white-space: nowrap; color: #000000; vertical-align: bottom;">
<td style="border-bottom: #ffffff 1px solid; padding-bottom: 0.5pt; padding-left: 0pt; width: 243.28pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="border-bottom: #ffffff 1px solid; width: 6pt; padding: 0pt;">​</td>
<td style="border-bottom: #ffffff 1px solid; width: 6pt; padding: 0pt;">​</td>
<td style="border-bottom: #000000 1px solid; text-align: center; padding-bottom: 1.5pt; padding-left: 0pt; width: 0pt; padding-right: 0pt; padding-top: 0pt;" colspan="16">
<div style="text-align: center; white-space: nowrap;">Year Ended December 31,</div>
</td>
<td style="border-bottom: #ffffff 1px solid; width: 0pt; padding: 0pt;">​</td>
</tr>
<tr style="text-align: center; text-transform: none; font: bold 8pt/8pt 'times new roman', times, serif; white-space: nowrap; color: #000000; vertical-align: bottom;">
<td style="border-bottom: #ffffff 1px solid; text-align: left; padding-bottom: 0.5pt; padding-left: 0pt; width: 243.28pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="border-bottom: #ffffff 1px solid; width: 6pt; padding: 0pt;">​</td>
<td style="border-bottom: #ffffff 1px solid; width: 6pt; padding: 0pt;">​</td>
<td style="border-bottom: #000000 1px solid; padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 2.25pt;" colspan="4">
<div style="text-align: center; white-space: nowrap;">2015</div>
</td>
<td style="border-bottom: #ffffff 1px solid; width: 6pt; padding: 0pt;">​</td>
<td style="border-bottom: #ffffff 1px solid; width: 6pt; padding: 0pt;">​</td>
<td style="border-bottom: #000000 1px solid; padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 2.25pt;" colspan="4">
<div style="text-align: center; white-space: nowrap;">2014</div>
</td>
<td style="border-bottom: #ffffff 1px solid; width: 6pt; padding: 0pt;">​</td>
<td style="border-bottom: #ffffff 1px solid; width: 6pt; padding: 0pt;">​</td>
<td style="border-bottom: #000000 1px solid; padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 2.25pt;" colspan="4">
<div style="text-align: center; white-space: nowrap;">2013</div>
</td>
<td style="border-bottom: #ffffff 1px solid; width: 0pt; padding: 0pt;">​</td>
</tr>
<tr style="text-align: right; text-transform: none; background-color: #cceeff; font: 10pt/10pt 'times new roman', times, serif; white-space: nowrap; color: #000000; vertical-align: bottom;">
<td style="text-align: left; padding-bottom: 0.5pt; padding-left: 0pt; width: 243.28pt; padding-right: 0pt; padding-top: 2.25pt;">
<div style="white-space: nowrap;">Range of risk-free interest rates</div>
</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="padding-bottom: 0pt; padding-left: 7.255pt; width: 0pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="min-width: 0pt; text-align: right; padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 2.25pt;">​</td>
<td style="min-width: 17.25pt; text-align: right; padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 2.25pt;">1.54<font style="position: absolute;">%</font></td>
<td style="padding-bottom: 0pt; padding-left: 7.255pt; width: 0pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="padding-bottom: 0pt; padding-left: 7.255pt; width: 0pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="min-width: 0pt; text-align: right; padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 2.25pt;">​</td>
<td style="min-width: 17.25pt; text-align: right; padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 2.25pt;">1.53<font style="position: absolute;">%</font></td>
<td style="padding-bottom: 0pt; padding-left: 7.255pt; width: 0pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="text-align: center; padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 2.25pt;" colspan="4">
<div style="text-align: center;">0.77% – 1.50%</div>
</td>
<td style="width: 0pt; padding: 0pt;">​</td>
</tr>
<tr style="text-align: right; text-transform: none; font: 10pt/10pt 'times new roman', times, serif; white-space: nowrap; color: #000000; vertical-align: bottom;">
<td style="text-align: left; padding-bottom: 0.5pt; padding-left: 0pt; width: 243.28pt; padding-right: 0pt; padding-top: 2.5pt;">
<div style="white-space: nowrap;">Dividend yield</div>
</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="padding-bottom: 0pt; padding-left: 7.255pt; width: 0pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="min-width: 0pt; text-align: right; padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 2.5pt;">​</td>
<td style="min-width: 17.25pt; text-align: right; padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 2.5pt;">4.00<font style="position: absolute;">%</font></td>
<td style="padding-bottom: 0pt; padding-left: 7.255pt; width: 0pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="padding-bottom: 0pt; padding-left: 7.255pt; width: 0pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="min-width: 0pt; text-align: right; padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 2.5pt;">​</td>
<td style="min-width: 17.25pt; text-align: right; padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 2.5pt;">2.00<font style="position: absolute;">%</font></td>
<td style="padding-bottom: 0pt; padding-left: 7.255pt; width: 0pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="padding-bottom: 0pt; padding-left: 19.785pt; width: 0pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="min-width: 0pt; text-align: right; padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 2.5pt;">​</td>
<td style="min-width: 17.25pt; text-align: right; padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 2.5pt;">0.00<font style="position: absolute;">%</font></td>
<td style="padding-bottom: 0pt; padding-left: 19.785pt; width: 0pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
</tr>
<tr style="text-align: right; text-transform: none; background-color: #cceeff; font: 10pt/10pt 'times new roman', times, serif; white-space: nowrap; color: #000000; vertical-align: bottom;">
<td style="text-align: left; padding-bottom: 0.5pt; padding-left: 0pt; width: 243.28pt; padding-right: 0pt; padding-top: 2.5pt;">
<div style="white-space: nowrap;">Expected share price volatility</div>
</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="padding-bottom: 0pt; padding-left: 7.255pt; width: 0pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="min-width: 0pt; text-align: right; padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 2.5pt;">​</td>
<td style="min-width: 17.25pt; text-align: right; padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 2.5pt;">25.00<font style="position: absolute;">%</font></td>
<td style="padding-bottom: 0pt; padding-left: 7.255pt; width: 0pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="padding-bottom: 0pt; padding-left: 7.255pt; width: 0pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="min-width: 0pt; text-align: right; padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 2.5pt;">​</td>
<td style="min-width: 17.25pt; text-align: right; padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 2.5pt;">25.00<font style="position: absolute;">%</font></td>
<td style="padding-bottom: 0pt; padding-left: 7.255pt; width: 0pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="padding-bottom: 0pt; padding-left: 19.785pt; width: 0pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="min-width: 0pt; text-align: right; padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 2.5pt;">​</td>
<td style="min-width: 17.25pt; text-align: right; padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 2.5pt;">26.00<font style="position: absolute;">%</font></td>
<td style="padding-bottom: 0pt; padding-left: 19.785pt; width: 0pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
</tr>
<tr style="text-align: center; text-transform: none; font: 10pt/10pt 'times new roman', times, serif; white-space: nowrap; color: #000000; vertical-align: bottom;">
<td style="text-align: left; padding-bottom: 0.5pt; padding-left: 0pt; width: 243.28pt; padding-right: 0pt; padding-top: 2.5pt;">
<div style="white-space: nowrap;">Expected life</div>
</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 2.5pt;" colspan="4">
<div style="text-align: center; white-space: nowrap;">5.0 years</div>
</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 2.5pt;" colspan="4">
<div style="text-align: center; white-space: nowrap;">5.0 years</div>
</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 2.5pt;" colspan="4">
<div style="text-align: center;">5.0 years</div>
</td>
<td style="width: 0pt; padding: 0pt;">​</td>
</tr>
</table>
<div style="widows: 1; text-transform: none; margin-top: 16.98pt; text-indent: 20pt; font: 13px/12pt 'times new roman', times, serif; white-space: normal; letter-spacing: normal; color: #000000; word-spacing: 0px; -webkit-text-stroke-width: 0px;">The risk-free interest rate assumption is based on the five-year U.S. Treasury rate at the date of the grant. The dividend yield assumption is based upon dividends expected to be declared over the life of the options at the date of grant. The share price volatility assumption is based upon historical data for property/casualty companies which the Company deems to be its peers. The expected life is determined using the simplified method, which factors in the average of the midpoint and the contractual term of each tranche in determining a single expected life. The simplified method is used as the Company does not have sufficient historical exercise data to estimate an expected term.</div>
<div style="widows: 1; text-transform: none; margin-top: 6pt; text-indent: 20pt; font: 13px/12pt 'times new roman', times, serif; white-space: normal; letter-spacing: normal; color: #000000; word-spacing: 0px; -webkit-text-stroke-width: 0px;">The Black-Scholes-Merton option pricing model was developed for use in estimating the fair value of traded options that have no vesting restrictions and are fully transferable. In addition, option valuation models require the input of highly subjective assumptions including expected share price volatility. Because the Company’s share options have characteristics significantly different from those of traded options and because changes in the subjective input assumptions can materially affect the fair value estimate, the existing models do not necessarily provide a reliable single measure of the fair value of such share options.</div>
<div style="widows: 1; text-transform: none; margin-top: 12pt; text-indent: 0px; font: italic 13px/11pt 'times new roman', times, serif; white-space: normal; letter-spacing: normal; color: #000000; word-spacing: 0px; -webkit-text-stroke-width: 0px;">RSUs</div>
<div style="widows: 1; text-transform: none; margin-top: 6pt; text-indent: 20pt; font: 13px/12pt 'times new roman', times, serif; white-space: normal; letter-spacing: normal; color: #000000; word-spacing: 0px; -webkit-text-stroke-width: 0px;">The following table summarizes the RSU activity for the years ended December 31, 2015 and 2014:</div>
<table align="center" style="widows: 1; text-transform: none; margin-top: 8pt; text-indent: 0px; width: 100%; border-collapse: collapse; font: 13px 'times new roman', times, serif; white-space: normal; letter-spacing: normal; height: 123px; color: #000000; word-spacing: 0px; -webkit-text-stroke-width: 0px;" border="0">
<tr style="text-align: left; text-transform: none; font: bold 8pt/8pt 'times new roman', times, serif; white-space: nowrap; color: #000000; vertical-align: bottom;">
<td style="border-bottom: #ffffff 1px solid; padding-bottom: 0.5pt; padding-left: 0pt; width: 223.11pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="border-bottom: #ffffff 1px solid; width: 6pt; padding: 0pt;">​</td>
<td style="border-bottom: #ffffff 1px solid; width: 6pt; padding: 0pt;">​</td>
<td style="border-bottom: #000000 1px solid; text-align: center; padding-bottom: 2.5pt; padding-left: 0pt; width: 0pt; padding-right: 0pt; padding-top: 0pt;" colspan="22">
<div style="text-align: center; white-space: nowrap;">Year Ended December 31,</div>
</td>
<td style="border-bottom: #ffffff 1px solid; width: 0pt; padding: 0pt;">​</td>
</tr>
<tr style="text-align: center; text-transform: none; font: bold 8pt/8pt 'times new roman', times, serif; white-space: nowrap; color: #000000; vertical-align: bottom;">
<td style="border-bottom: #ffffff 1px solid; text-align: left; padding-bottom: 0.5pt; padding-left: 0pt; width: 223.11pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="border-bottom: #ffffff 1px solid; width: 6pt; padding: 0pt;">​</td>
<td style="border-bottom: #ffffff 1px solid; width: 6pt; padding: 0pt;">​</td>
<td style="border-bottom: #000000 1px solid; padding-bottom: 2.5pt; padding-left: 0pt; width: 0pt; padding-right: 0pt; padding-top: 3.25pt;" colspan="10">
<div style="text-align: center; white-space: nowrap;">2015</div>
</td>
<td style="border-bottom: #ffffff 1px solid; width: 6pt; padding: 0pt;">​</td>
<td style="border-bottom: #ffffff 1px solid; width: 6pt; padding: 0pt;">​</td>
<td style="border-bottom: #000000 1px solid; padding-bottom: 2.5pt; padding-left: 0pt; width: 0pt; padding-right: 0pt; padding-top: 3.25pt;" colspan="10">
<div style="text-align: center; white-space: nowrap;">2014</div>
</td>
<td style="border-bottom: #ffffff 1px solid; width: 0pt; padding: 0pt;">​</td>
</tr>
<tr style="text-align: center; text-transform: none; font: bold 8pt/9pt 'times new roman', times, serif; white-space: nowrap; color: #000000; vertical-align: bottom;">
<td style="border-bottom: #ffffff 1px solid; text-align: left; padding-bottom: 0.5pt; padding-left: 0pt; width: 223.11pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="border-bottom: #ffffff 1px solid; width: 6pt; padding: 0pt;">​</td>
<td style="border-bottom: #ffffff 1px solid; width: 6pt; padding: 0pt;">​</td>
<td style="border-bottom: #000000 1px solid; padding-bottom: 2.167pt; padding-left: 0pt; padding-right: 0pt; padding-top: 2.583pt;" colspan="4">
<div style="text-align: center; white-space: nowrap;">Shares</div>
</td>
<td style="border-bottom: #ffffff 1px solid; width: 6pt; padding: 0pt;">​</td>
<td style="border-bottom: #ffffff 1px solid; width: 6pt; padding: 0pt;">​</td>
<td style="border-bottom: #000000 1px solid; padding-bottom: 2.167pt; padding-left: 0pt; padding-right: 0pt; padding-top: 2.583pt;" colspan="4">
<div style="text-align: center;">Weighted-<br />Average <br />Grant Date <br />Fair Value</div>
</td>
<td style="border-bottom: #ffffff 1px solid; width: 6pt; padding: 0pt;">​</td>
<td style="border-bottom: #ffffff 1px solid; width: 6pt; padding: 0pt;">​</td>
<td style="border-bottom: #000000 1px solid; padding-bottom: 2.167pt; padding-left: 0pt; padding-right: 0pt; padding-top: 2.583pt;" colspan="4">
<div style="text-align: center; white-space: nowrap;">Shares</div>
</td>
<td style="border-bottom: #ffffff 1px solid; width: 6pt; padding: 0pt;">​</td>
<td style="border-bottom: #ffffff 1px solid; width: 6pt; padding: 0pt;">​</td>
<td style="border-bottom: #000000 1px solid; padding-bottom: 2.167pt; padding-left: 0pt; padding-right: 0pt; padding-top: 2.583pt;" colspan="4">
<div style="text-align: center;">Weighted-<br />Average <br />Grant Date <br />Fair Value</div>
</td>
<td style="border-bottom: #ffffff 1px solid; width: 0pt; padding: 0pt;">​</td>
</tr>
<tr style="text-align: right; text-transform: none; background-color: #cceeff; font: 10pt/10pt 'times new roman', times, serif; white-space: nowrap; color: #000000; vertical-align: bottom;">
<td style="text-align: left; padding-bottom: 1.5pt; padding-left: 0pt; width: 223.11pt; padding-right: 0pt; padding-top: 3.25pt;">
<div style="white-space: nowrap;">Unvested, beginning of year</div>
</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="min-width: 0pt; text-align: right; padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.25pt;">​</td>
<td style="min-width: 27pt; text-align: right; padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3.25pt;">340,474</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="padding-bottom: 0pt; padding-left: 5.18pt; width: 0pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="min-width: 3.75pt; text-align: right; padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.25pt;">$</td>
<td style="min-width: 17.25pt; text-align: right; padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3.25pt;">21.00</td>
<td style="padding-bottom: 0pt; padding-left: 5.18pt; width: 0pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="min-width: 0pt; text-align: right; padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.25pt;">​</td>
<td style="min-width: 24.75pt; text-align: right; padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3.25pt;">—</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="padding-bottom: 0pt; padding-left: 5.18pt; width: 0pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="min-width: 3.75pt; text-align: right; padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.25pt;">​</td>
<td style="min-width: 17.25pt; text-align: right; padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3.25pt;">—</td>
<td style="padding-bottom: 0pt; padding-left: 5.18pt; width: 0pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
</tr>
<tr style="text-align: right; text-transform: none; font: 10pt/10pt 'times new roman', times, serif; white-space: nowrap; color: #000000; vertical-align: bottom;">
<td style="text-align: left; padding-bottom: 1.5pt; padding-left: 0pt; width: 223.11pt; padding-right: 0pt; padding-top: 3.5pt;">
<div style="white-space: nowrap;">Granted</div>
</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="min-width: 0pt; text-align: right; padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.5pt;">​</td>
<td style="min-width: 27pt; text-align: right; padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3.5pt;">—</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="padding-bottom: 0pt; padding-left: 5.18pt; width: 0pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="min-width: 3.75pt; text-align: right; padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.5pt;">​</td>
<td style="min-width: 17.25pt; text-align: right; padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3.5pt;">—</td>
<td style="padding-bottom: 0pt; padding-left: 5.18pt; width: 0pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="min-width: 0pt; text-align: right; padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.5pt;">​</td>
<td style="min-width: 24.75pt; text-align: right; padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3.5pt;">340,474</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="padding-bottom: 0pt; padding-left: 5.18pt; width: 0pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="min-width: 3.75pt; text-align: right; padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.5pt;">$</td>
<td style="min-width: 17.25pt; text-align: right; padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3.5pt;">21.00</td>
<td style="padding-bottom: 0pt; padding-left: 5.18pt; width: 0pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
</tr>
<tr style="text-align: right; text-transform: none; background-color: #cceeff; font: 10pt/10pt 'times new roman', times, serif; white-space: nowrap; color: #000000; vertical-align: bottom;">
<td style="border-bottom: #cceeff 1px solid; text-align: left; padding-bottom: 2.5pt; padding-left: 0pt; width: 223.11pt; padding-right: 0pt; padding-top: 3.5pt;">
<div style="white-space: nowrap;">Vested</div>
</td>
<td style="border-bottom: #cceeff 1px solid; width: 6pt; padding: 0pt;">​</td>
<td style="border-bottom: #cceeff 1px solid; width: 6pt; padding: 0pt;">​</td>
<td style="border-bottom: #cceeff 1px solid; width: 0pt; padding: 0pt;">​</td>
<td style="border-bottom: #000000 1px solid; min-width: 0pt; text-align: right; padding-bottom: 2.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.5pt;">​</td>
<td style="border-bottom: #000000 1px solid; min-width: 27pt; text-align: right; padding-bottom: 2.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3.5pt;">(105,552<font style="position: absolute;">)</font></td>
<td style="border-bottom: #cceeff 1px solid; width: 0pt; padding: 0pt;">​</td>
<td style="border-bottom: #cceeff 1px solid; width: 6pt; padding: 0pt;">​</td>
<td style="border-bottom: #cceeff 1px solid; width: 6pt; padding: 0pt;">​</td>
<td style="border-bottom: #cceeff 1px solid; padding-bottom: 0pt; padding-left: 5.18pt; width: 0pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="border-bottom: #000000 1px solid; min-width: 3.75pt; text-align: right; padding-bottom: 2.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.5pt;">$</td>
<td style="border-bottom: #000000 1px solid; min-width: 17.25pt; text-align: right; padding-bottom: 2.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3.5pt;">21.00</td>
<td style="border-bottom: #cceeff 1px solid; padding-bottom: 0pt; padding-left: 5.18pt; width: 0pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="border-bottom: #cceeff 1px solid; width: 6pt; padding: 0pt;">​</td>
<td style="border-bottom: #cceeff 1px solid; width: 6pt; padding: 0pt;">​</td>
<td style="border-bottom: #cceeff 1px solid; width: 0pt; padding: 0pt;">​</td>
<td style="border-bottom: #000000 1px solid; min-width: 0pt; text-align: right; padding-bottom: 2.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.5pt;">​</td>
<td style="border-bottom: #000000 1px solid; min-width: 24.75pt; text-align: right; padding-bottom: 2.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3.5pt;">—</td>
<td style="border-bottom: #cceeff 1px solid; width: 0pt; padding: 0pt;">​</td>
<td style="border-bottom: #cceeff 1px solid; width: 6pt; padding: 0pt;">​</td>
<td style="border-bottom: #cceeff 1px solid; width: 6pt; padding: 0pt;">​</td>
<td style="border-bottom: #cceeff 1px solid; padding-bottom: 0pt; padding-left: 5.18pt; width: 0pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="border-bottom: #000000 1px solid; min-width: 3.75pt; text-align: right; padding-bottom: 2.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.5pt;">​</td>
<td style="border-bottom: #000000 1px solid; min-width: 17.25pt; text-align: right; padding-bottom: 2.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3.5pt;">—</td>
<td style="border-bottom: #cceeff 1px solid; padding-bottom: 0pt; padding-left: 5.18pt; width: 0pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="border-bottom: #cceeff 1px solid; width: 0pt; padding: 0pt;">​</td>
</tr>
<tr style="text-align: right; text-transform: none; font: 10pt/10pt 'times new roman', times, serif; white-space: nowrap; color: #000000; vertical-align: bottom;">
<td style="text-align: left; padding-bottom: 2.75pt; padding-left: 0pt; width: 223.11pt; padding-right: 0pt; padding-top: 3.25pt;">
<div style="white-space: nowrap;">Unvested, end of year</div>
</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="border-bottom: #000000 3px double; min-width: 0pt; text-align: right; padding-bottom: 2pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.25pt;">​</td>
<td style="border-bottom: #000000 3px double; min-width: 27pt; text-align: right; padding-bottom: 2pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3.25pt;">234,922</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="padding-bottom: 0pt; padding-left: 5.18pt; width: 0pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="border-bottom: #000000 3px double; min-width: 3.75pt; text-align: right; padding-bottom: 2pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.25pt;">$</td>
<td style="border-bottom: #000000 3px double; min-width: 17.25pt; text-align: right; padding-bottom: 2pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3.25pt;">21.00</td>
<td style="padding-bottom: 0pt; padding-left: 5.18pt; width: 0pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="border-bottom: #000000 3px double; min-width: 0pt; text-align: right; padding-bottom: 2pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.25pt;">​</td>
<td style="border-bottom: #000000 3px double; min-width: 24.75pt; text-align: right; padding-bottom: 2pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3.25pt;">340,474</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="padding-bottom: 0pt; padding-left: 5.18pt; width: 0pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="border-bottom: #000000 3px double; min-width: 3.75pt; text-align: right; padding-bottom: 2pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.25pt;">$</td>
<td style="border-bottom: #000000 3px double; min-width: 17.25pt; text-align: right; padding-bottom: 2pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3.25pt;">21.00</td>
<td style="padding-bottom: 0pt; padding-left: 5.18pt; width: 0pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
</tr>
<tr style="line-height: 4pt; height: 4pt;">
<td style="line-height: 0pt; font-size: 0pt; padding: 0pt;" colspan="30">​</td>
</tr>
</table>
<div style="widows: 1; text-transform: none; margin-top: 12.98pt; text-indent: 20pt; font: 13px/12pt 'times new roman', times, serif; white-space: normal; letter-spacing: normal; color: #000000; word-spacing: 0px; -webkit-text-stroke-width: 0px;">The vesting period of RSUs granted to employees range from three to five years and vest ratably over the respective vesting period. All RSUs granted to date to non-employee directors had a one year vesting period. The total fair value of shares vested in 2015 was $3.5 million. The holders of RSUs are entitled to dividend equivalents. The dividend equivalents are settled at the same time that the underlying RSUs vest and are subject to the same risk of forfeiture as the underlying shares. The fair value of the RSUs granted is based on the market price of the underlying shares.</div>
<div style="widows: 1; text-transform: none; margin-top: 12.98pt; text-indent: 20pt; font: 13px/12pt 'times new roman', times, serif; white-space: normal; letter-spacing: normal; color: #000000; word-spacing: 0px; -webkit-text-stroke-width: 0px;">
<div style="widows: 1; text-transform: none; margin-top: 1pt; text-indent: 0px; font: italic 13px/11pt 'times new roman', times, serif; white-space: normal; letter-spacing: normal; color: #000000; word-spacing: 0px; -webkit-text-stroke-width: 0px;">Compensation Expense</div>
<div style="widows: 1; text-transform: none; margin-top: 6pt; text-indent: 20pt; font: 13px/12pt 'times new roman', times, serif; white-space: normal; letter-spacing: normal; color: #000000; word-spacing: 0px; -webkit-text-stroke-width: 0px;">Share based compensation expense is recognized on a straight line basis over the vesting period. The amount of expense and related tax benefit is summarized below:</div>
<table align="center" style="widows: 1; text-transform: none; margin-top: 8pt; text-indent: 0px; width: 100%; border-collapse: collapse; font: 13px 'times new roman', times, serif; white-space: normal; letter-spacing: normal; height: 65px; color: #000000; word-spacing: 0px; -webkit-text-stroke-width: 0px;" border="0">
<tr style="text-align: left; text-transform: none; font: bold 8pt/8pt 'times new roman', times, serif; white-space: nowrap; color: #000000; vertical-align: bottom;">
<td style="border-bottom: #ffffff 1px solid; padding-bottom: 0.5pt; padding-left: 0pt; width: 312.29pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="border-bottom: #ffffff 1px solid; width: 6pt; padding: 0pt;">​</td>
<td style="border-bottom: #ffffff 1px solid; width: 6pt; padding: 0pt;">​</td>
<td style="border-bottom: #000000 1px solid; text-align: center; padding-bottom: 2.5pt; padding-left: 0pt; width: 0pt; padding-right: 0pt; padding-top: 0pt;" colspan="16">
<div style="text-align: center; white-space: nowrap;">December 31,</div>
</td>
<td style="border-bottom: #ffffff 1px solid; width: 0pt; padding: 0pt;">​</td>
</tr>
<tr style="text-align: center; text-transform: none; font: bold 8pt/8pt 'times new roman', times, serif; white-space: nowrap; color: #000000; vertical-align: bottom;">
<td style="border-bottom: #ffffff 1px solid; text-align: left; padding-bottom: 0.5pt; padding-left: 0pt; width: 312.29pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="border-bottom: #ffffff 1px solid; width: 6pt; padding: 0pt;">​</td>
<td style="border-bottom: #ffffff 1px solid; width: 6pt; padding: 0pt;">​</td>
<td style="border-bottom: #000000 1px solid; padding-bottom: 2.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.25pt;" colspan="4">
<div style="text-align: center; white-space: nowrap;">2015</div>
</td>
<td style="border-bottom: #ffffff 1px solid; width: 6pt; padding: 0pt;">​</td>
<td style="border-bottom: #ffffff 1px solid; width: 6pt; padding: 0pt;">​</td>
<td style="border-bottom: #000000 1px solid; padding-bottom: 2.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.25pt;" colspan="4">
<div style="text-align: center; white-space: nowrap;">2014</div>
</td>
<td style="border-bottom: #ffffff 1px solid; width: 6pt; padding: 0pt;">​</td>
<td style="border-bottom: #ffffff 1px solid; width: 6pt; padding: 0pt;">​</td>
<td style="border-bottom: #000000 1px solid; padding-bottom: 2.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.25pt;" colspan="4">
<div style="text-align: center; white-space: nowrap;">2013</div>
</td>
<td style="border-bottom: #ffffff 1px solid; width: 0pt; padding: 0pt;">​</td>
</tr>
<tr style="text-align: left; text-transform: none; font: bold italic 8pt/8pt 'times new roman', times, serif; white-space: nowrap; color: #000000; vertical-align: bottom;">
<td style="padding-bottom: 0.5pt; padding-left: 0pt; width: 312.29pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="text-align: center; padding-bottom: 1.5pt; padding-left: 0pt; width: 0pt; padding-right: 0pt; padding-top: 3.25pt;" colspan="16">
<div style="text-align: center; white-space: nowrap;">(in thousands)</div>
</td>
<td style="width: 0pt; padding: 0pt;">​</td>
</tr>
<tr style="text-align: right; text-transform: none; background-color: #cceeff; font: 10pt/10pt 'times new roman', times, serif; white-space: nowrap; color: #000000; vertical-align: bottom;">
<td style="text-align: left; padding-bottom: 1.5pt; padding-left: 0pt; width: 312.29pt; padding-right: 0pt; padding-top: 3.5pt;">
<div style="white-space: nowrap;">Share based compensation expense</div>
</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="min-width: 3.75pt; text-align: right; padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.5pt;">$</td>
<td style="min-width: 17.25pt; text-align: right; padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3.5pt;">3,735</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="min-width: 3.75pt; text-align: right; padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.5pt;">$</td>
<td style="min-width: 11.25pt; text-align: right; padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3.5pt;">589</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="min-width: 3.75pt; text-align: right; padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.5pt;">$</td>
<td style="min-width: 11.25pt; text-align: right; padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3.5pt;">647</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
</tr>
<tr style="text-align: right; text-transform: none; font: 10pt/10pt 'times new roman', times, serif; white-space: nowrap; color: #000000; vertical-align: bottom;">
<td style="text-align: left; padding-bottom: 1.5pt; padding-left: 0pt; width: 312.29pt; padding-right: 0pt; padding-top: 3.5pt;">
<div style="white-space: nowrap;">U.S. tax benefit on share based compensation expense</div>
</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="min-width: 3.75pt; text-align: right; padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.5pt;">$</td>
<td style="min-width: 17.25pt; text-align: right; padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3.5pt;">1,025</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="min-width: 3.75pt; text-align: right; padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.5pt;">$</td>
<td style="min-width: 11.25pt; text-align: right; padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3.5pt;">135</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="min-width: 3.75pt; text-align: right; padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.5pt;">$</td>
<td style="min-width: 11.25pt; text-align: right; padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3.5pt;">139</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
</tr>
</table>
<div style="widows: 1; text-transform: none; margin-top: 16.99pt; text-indent: 20pt; font: 13px/12pt 'times new roman', times, serif; white-space: normal; letter-spacing: normal; color: #000000; word-spacing: 0px; -webkit-text-stroke-width: 0px;">As of December 31, 2015, the Company had $7.5 million of unrecognized share based compensation expense expected to be charged to earnings over a weighted-average period of 2.4 years.</div>
</div>
</div>
</div>
123000
593000
<div style="text-align: left; widows: 1; text-transform: none; margin-top: pt; text-indent: 0px; font: bold 13px/11pt 'times new roman', times, serif; white-space: normal; margin-bottom: 0pt; float: left; letter-spacing: normal; color: #000000; word-spacing: 0px; -webkit-text-stroke-width: 0px;">12. Non-Controlling Interest — Subsidiary Common Shares and Share Options</div>
<div style="widows: 1; text-transform: none; text-indent: 0px; margin: 0pt; font: 0pt/0pt 'times new roman', times, serif; white-space: normal; letter-spacing: normal; color: #000000; clear: both; word-spacing: 0px; -webkit-text-stroke-width: 0px; padding: 0pt;">​</div>
<div style="widows: 1; text-transform: none; margin-top: 6pt; text-indent: 20pt; font: 13px/12pt 'times new roman', times, serif; white-space: normal; letter-spacing: normal; color: #000000; word-spacing: 0px; -webkit-text-stroke-width: 0px;">On April 3, 2013, Franklin Holdings II repurchased 20,766 of its outstanding Class A common shares at a price per share of  $25.4748, for a total cash purchase price of  $529,000.</div>
<div style="widows: 1; text-transform: none; margin-top: 6pt; text-indent: 20pt; font: 13px/12pt 'times new roman', times, serif; white-space: normal; letter-spacing: normal; color: #000000; word-spacing: 0px; -webkit-text-stroke-width: 0px;">On October 22, 2013, Franklin Holdings II’s sole minority shareholder transferred 6,000 Franklin Holdings II Class A common shares to the Company (see Note 10).</div>
5673000
5318000
5112000
4861000
2130000
2474000
2856000
1948000
695000
972000
1771000
2221000
430000
824000
891000
1851000
2209000
21035000
21917000
12592000
12573000
4248000
3310000
424000
318000
<p style="line-height: 11pt; margin: 0in 0in 0pt;" class="msonormal"><font style="font-family: times new roman,times;" size="2"><b>15. Employee Benefits</b></font></p>
<p style="margin: 0in 0in 0pt; mso-line-height-alt: 0pt;" class="msonormal"><font style="font-family: times new roman,times;" size="2">​</font></p>
<p style="line-height: 12pt; text-indent: 20pt; margin: 0in 0in 0pt;" class="msonormal"><font style="font-family: times new roman,times;" size="2">The Company and its subsidiaries offer savings plans (the “Savings Plans”) which qualify under Section 401(k) of the U.S. Internal Revenue Code. Participants may contribute certain percentages of their pre-tax salary to the Savings Plans subject to statutory limitations. The Company and its subsidiaries match employee contributions at various rates up to a maximum contribution of 6.0% of the participant’s earnings subject to certain statutory limits. For the years ended December 31, 2015, 2014, and 2013, the expense associated with the Savings Plans totaled $1.6 million, $1.3 million, and $1.1 million, respectively.</font></p>
2897000
4784000
423000
464000
20584000
21449000
451000
468000
0.05
50000000
50000000
<div style="text-align: left; widows: 1; text-transform: none; margin-top: 0pt; text-indent: 0px; width: 20pt; font: bold 13px/11pt 'times new roman', times, serif; white-space: nowrap; margin-bottom: 0pt; float: left; letter-spacing: normal; color: #000000; word-spacing: 0px; -webkit-text-stroke-width: 0px;">20.</div>
<div style="text-align: left; widows: 1; text-transform: none; margin-top: 0pt; text-indent: 0px; font: bold 13px/11pt 'times new roman', times, serif; white-space: normal; margin-bottom: 0pt; float: left; letter-spacing: normal; color: #000000; word-spacing: 0px; -webkit-text-stroke-width: 0px;">Statutory Matters</div>
<div style="widows: 1; text-transform: none; text-indent: 0px; margin: 0pt; font: 0pt/0pt 'times new roman', times, serif; white-space: normal; letter-spacing: normal; color: #000000; clear: both; word-spacing: 0px; -webkit-text-stroke-width: 0px; padding: 0pt;">​</div>
<div style="widows: 1; text-transform: none; margin-top: 12pt; text-indent: 0px; font: italic 13px/11pt 'times new roman', times, serif; white-space: normal; letter-spacing: normal; color: #000000; word-spacing: 0px; -webkit-text-stroke-width: 0px;">U.S.</div>
<div style="widows: 1; text-transform: none; margin-top: 5.41pt; text-indent: 20pt; font: 13px/12pt 'times new roman', times, serif; white-space: normal; letter-spacing: normal; color: #000000; word-spacing: 0px; -webkit-text-stroke-width: 0px;">U.S. state insurance laws and regulations prescribe accounting practices for determining statutory net income and capital and surplus for insurance companies. In addition, state regulators may permit statutory accounting practices that differ from prescribed practices. Statutory accounting practices prescribed or permitted by regulatory authorities for the Company’s insurance subsidiaries differ from U.S. GAAP. The principal differences between SAP and GAAP as they relate to the financial statements of the Company’s insurance subsidiaries are (a) policy acquisition costs are expensed as incurred under SAP, whereas they are deferred and amortized under GAAP, (b) certain assets are not admitted for purposes of determining surplus under SAP, (c) the classification and carrying amounts of investments in certain securities are different under SAP and GAAP, and (d) the criteria for providing asset valuation allowances and the methodologies used to determine the amount thereof are different under SAP and GAAP. Combined net income, statutory capital and surplus and minimum required statutory capital and surplus, as determined in accordance with statutory accounting practices, for the U.S. insurance subsidiaries as of December 31, 2015, 2014, and 2013 and for the years then ended are summarized as follows:</div>
<table align="center" style="widows: 1; text-transform: none; margin-top: 8pt; text-indent: 0px; width: 100%; border-collapse: collapse; font: 13px 'times new roman', times, serif; white-space: normal; letter-spacing: normal; height: 66px; color: #000000; word-spacing: 0px; -webkit-text-stroke-width: 0px;" border="0">
<tr style="text-align: center; text-transform: none; font: bold 8pt/8pt 'times new roman', times, serif; white-space: nowrap; color: #000000; vertical-align: bottom;">
<td style="border-bottom: #ffffff 1px solid; text-align: left; padding-bottom: 0.5pt; padding-left: 0pt; width: 266.88pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="border-bottom: #ffffff 1px solid; width: 6pt; padding: 0pt;">​</td>
<td style="border-bottom: #ffffff 1px solid; width: 6pt; padding: 0pt;">​</td>
<td style="border-bottom: #000000 1px solid; padding-bottom: 2.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 0pt;" colspan="4">
<div style="text-align: center; white-space: nowrap;">2015</div>
</td>
<td style="border-bottom: #ffffff 1px solid; width: 6pt; padding: 0pt;">​</td>
<td style="border-bottom: #ffffff 1px solid; width: 6pt; padding: 0pt;">​</td>
<td style="border-bottom: #000000 1px solid; padding-bottom: 2.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 0pt;" colspan="4">
<div style="text-align: center; white-space: nowrap;">2014</div>
</td>
<td style="border-bottom: #ffffff 1px solid; width: 6pt; padding: 0pt;">​</td>
<td style="border-bottom: #ffffff 1px solid; width: 6pt; padding: 0pt;">​</td>
<td style="border-bottom: #000000 1px solid; padding-bottom: 2.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 0pt;" colspan="4">
<div style="text-align: center; white-space: nowrap;">2013</div>
</td>
<td style="border-bottom: #ffffff 1px solid; width: 0pt; padding: 0pt;">​</td>
</tr>
<tr style="text-align: left; text-transform: none; font: bold italic 8pt/8pt 'times new roman', times, serif; white-space: nowrap; color: #000000; vertical-align: bottom;">
<td style="padding-bottom: 0.5pt; padding-left: 0pt; width: 266.88pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="text-align: center; padding-bottom: 1.5pt; padding-left: 0pt; width: 0pt; padding-right: 0pt; padding-top: 3.25pt;" colspan="16">
<div style="text-align: center; white-space: nowrap;">(in thousands)</div>
</td>
<td style="width: 0pt; padding: 0pt;">​</td>
</tr>
<tr style="text-align: right; text-transform: none; background-color: #cceeff; font: 10pt/10pt 'times new roman', times, serif; white-space: nowrap; color: #000000; vertical-align: bottom;">
<td style="text-align: left; padding-bottom: 1.5pt; padding-left: 0pt; width: 266.88pt; padding-right: 0pt; padding-top: 3.5pt;">
<div style="white-space: nowrap;">Statutory net income</div>
</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="min-width: 3.75pt; text-align: right; padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.5pt;">$</td>
<td style="min-width: 24.75pt; text-align: right; padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3.5pt;">14,747</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="min-width: 3.75pt; text-align: right; padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.5pt;">$</td>
<td style="min-width: 24.75pt; text-align: right; padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3.5pt;">14,872</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="min-width: 3.75pt; text-align: right; padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.5pt;">$</td>
<td style="min-width: 24.75pt; text-align: right; padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3.5pt;">24,857</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
</tr>
<tr style="text-align: right; text-transform: none; font: 10pt/10pt 'times new roman', times, serif; white-space: nowrap; color: #000000; vertical-align: bottom;">
<td style="text-align: left; padding-bottom: 1.5pt; padding-left: 0pt; width: 266.88pt; padding-right: 0pt; padding-top: 3.5pt;">
<div style="white-space: nowrap;">Statutory capital and surplus</div>
</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="min-width: 3.75pt; text-align: right; padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.5pt;">​</td>
<td style="min-width: 24.75pt; text-align: right; padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3.5pt;">176,884</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="min-width: 3.75pt; text-align: right; padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.5pt;">​</td>
<td style="min-width: 24.75pt; text-align: right; padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3.5pt;">207,813</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="min-width: 3.75pt; text-align: right; padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.5pt;">​</td>
<td style="min-width: 24.75pt; text-align: right; padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3.5pt;">208,369</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
</tr>
<tr style="text-align: right; text-transform: none; background-color: #cceeff; font: 10pt/10pt 'times new roman', times, serif; white-space: nowrap; color: #000000; vertical-align: bottom;">
<td style="text-align: left; padding-bottom: 1.5pt; padding-left: 0pt; width: 266.88pt; padding-right: 0pt; padding-top: 3.5pt;">
<div style="white-space: nowrap;">Minimum required statutory capital and surplus</div>
</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="min-width: 3.75pt; text-align: right; padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.5pt;">​</td>
<td style="min-width: 24.75pt; text-align: right; padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3.5pt;">25,000</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="min-width: 3.75pt; text-align: right; padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.5pt;">​</td>
<td style="min-width: 24.75pt; text-align: right; padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3.5pt;">21,250</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="min-width: 3.75pt; text-align: right; padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.5pt;">​</td>
<td style="min-width: 24.75pt; text-align: right; padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3.5pt;">21,250</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
</tr>
</table>
<div style="widows: 1; text-transform: none; margin-top: 12.41pt; text-indent: 20pt; font: 13px/12pt 'times new roman', times, serif; white-space: normal; letter-spacing: normal; color: #000000; word-spacing: 0px; -webkit-text-stroke-width: 0px;">Risk-Based Capital (“RBC”) requirements promulgated by the National Association of Insurance Commissioners require property/casualty insurers to maintain minimum capitalization levels determined based on formulas incorporating various business risks of the insurance subsidiaries. As of December 31, 2015, the insurance subsidiaries’ adjusted capital and surplus exceeds their authorized control level RBC.</div>
<div style="widows: 1; text-transform: none; margin-top: 12pt; text-indent: 0px; font: italic 13px/11pt 'times new roman', times, serif; white-space: normal; letter-spacing: normal; color: #000000; word-spacing: 0px; -webkit-text-stroke-width: 0px;">Bermuda</div>
<div style="widows: 1; text-transform: none; margin-top: 5.41pt; text-indent: 20pt; font: 13px/12pt 'times new roman', times, serif; white-space: normal; letter-spacing: normal; color: #000000; word-spacing: 0px; -webkit-text-stroke-width: 0px;">Under the Bermuda Insurance Act, 1978 and related regulations, JRG Re is required to maintain certain solvency and liquidity levels. The minimum statutory solvency margin required at December 31, 2015 was approximately $73.7 million. Actual statutory capital and surplus at December 31, 2015 was $357.7 million. JRG Re had statutory net income of  $54.3 million for 2015, $35.0 million for 2014, and $52.6 million for 2013. JRG Re had shareholders’ equity of  $424.6 million on a GAAP basis at December 31, 2015. The principal difference between statutory capital and surplus and shareholders’ equity presented in accordance with GAAP are deferred acquisition costs, which are non-admitted assets for Bermuda statutory purposes.</div>
<div style="widows: 1; text-transform: none; margin-top: 6pt; text-indent: 20pt; font: 13px/12pt 'times new roman', times, serif; white-space: normal; letter-spacing: normal; color: #000000; word-spacing: 0px; -webkit-text-stroke-width: 0px;">JRG Re maintains a Class 3B license and thus must maintain a minimum liquidity ratio in which the value of its relevant assets is not less than 75.0% of the amount of its relevant liabilities for general business. Relevant assets include cash and cash equivalents, fixed maturities, alternative investments, accrued interest income, premiums receivable, losses recoverable from reinsurers, and funds withheld. The relevant liabilities include total general business insurance reserves and total other liabilities, less sundry liabilities. As of December 31, 2015, the Company met the minimum liquidity ratio requirement.</div>
2500000
<div style="text-align: left; widows: 1; text-transform: none; margin-top: pt; text-indent: 0px; font: bold 13px/11pt 'times new roman', times, serif; white-space: normal; margin-bottom: 0pt; float: left; letter-spacing: normal; color: #000000; word-spacing: 0px; -webkit-text-stroke-width: 0px;">21. Dividend Restrictions</div>
<div style="widows: 1; text-transform: none; text-indent: 0px; margin: 0pt; font: 0pt/0pt 'times new roman', times, serif; white-space: normal; letter-spacing: normal; color: #000000; clear: both; word-spacing: 0px; -webkit-text-stroke-width: 0px; padding: 0pt;">​</div>
<div style="widows: 1; text-transform: none; margin-top: 12pt; text-indent: 0px; font: italic 13px/11pt 'times new roman', times, serif; white-space: normal; letter-spacing: normal; color: #000000; word-spacing: 0px; -webkit-text-stroke-width: 0px;">U.S.</div>
<div style="widows: 1; text-transform: none; margin-top: 5.21pt; text-indent: 20pt; font: 13px/12pt 'times new roman', times, serif; white-space: normal; letter-spacing: normal; color: #000000; word-spacing: 0px; -webkit-text-stroke-width: 0px;">The insurance statutes of the U.S.-based insurance subsidiaries’ states of domicile limit the amount of dividends that they may pay annually without first obtaining regulatory approval. Generally, the limitations are based on the greater of statutory net income for the preceding year or 10.0% of statutory surplus at the end of the preceding year. The maximum amount of dividends available to James River Group from its U.S. insurance subsidiaries during 2016 without regulatory approval is $19.8 million. However, U.S. insurance regulators have broad powers to prevent the reduction of statutory surplus to inadequate levels and could refuse to permit the payment of dividends.
<div style="widows: 1; text-transform: none; margin-top: 6pt; text-indent: 20pt; font: 13px/12pt 'times new roman', times, serif; white-space: normal; letter-spacing: normal; color: #000000; word-spacing: 0px; -webkit-text-stroke-width: 0px;">There is no tax treaty between Bermuda and the U.S. Accordingly, the payment of any dividends by the Company’s U.S.-based subsidiaries directly to a Bermuda-based entity is subject to U.S. taxes at a 30.0% tax rate. JRG Holdings has determined that earnings of its U.S. subsidiaries have been and will be indefinitely reinvested in U.S. operations. Distributions from the Company’s U.S.-based subsidiaries to its U.K. intermediate holding company, James River UK, are subject to a 5% dividend withholding tax.</div>
<div style="widows: 1; text-transform: none; margin-top: 12pt; text-indent: 0px; font: italic 13px/11pt 'times new roman', times, serif; white-space: normal; letter-spacing: normal; color: #000000; word-spacing: 0px; -webkit-text-stroke-width: 0px;">Bermuda</div>
<div style="widows: 1; text-transform: none; margin-top: 6pt; text-indent: 20pt; font: 13px/12pt 'times new roman', times, serif; white-space: normal; letter-spacing: normal; color: #000000; word-spacing: 0px; -webkit-text-stroke-width: 0px;">Bermuda regulations limit the amount of dividends and return of capital paid by a regulated entity. A class 3B insurer is prohibited from declaring or paying a dividend if it is in breach of its minimum solvency margin, its enhanced capital requirement, or its minimum liquidity ratio, or if the declaration or payment of such dividend would cause such a breach. Pursuant to Bermuda regulations, the maximum amount of dividends and return of capital available to be paid by a reinsurer is determined pursuant to a formula. Under this formula, the maximum amount of dividends and return of capital available to the Company from JRG Re during 2016 is calculated to be approximately $89.4 million. However, this dividend amount is subject to annual enhanced solvency requirement calculations which we believe may decrease this available dividend amount.</div>
<div style="widows: 1; text-transform: none; margin-top: 6pt; text-indent: 20pt; font: 13px/12pt 'times new roman', times, serif; white-space: normal; letter-spacing: normal; color: #000000; word-spacing: 0px; -webkit-text-stroke-width: 0px;">As of December 31, 2015, JRG Holdings had consolidated retained earnings of  $47.0 million, all of which was available for the payment of dividends to shareholders.</div>
</div>
<div style="text-align: left; widows: 1; text-transform: none; margin-top: 13pt; text-indent: 0px; font: bold 13px/11pt 'times new roman', times, serif; white-space: nowrap; margin-bottom: 0pt; float: left; letter-spacing: normal; color: #000000; word-spacing: 0px; -webkit-text-stroke-width: 0px;">22.    </div>
<div style="text-align: left; widows: 1; text-transform: none; margin-top: 13pt; text-indent: 0px; font: bold 13px/11pt 'times new roman', times, serif; white-space: normal; margin-bottom: 0pt; float: left; letter-spacing: normal; color: #000000; word-spacing: 0px; -webkit-text-stroke-width: 0px;">Other Related Party Transactions</div>
<div style="widows: 1; text-transform: none; text-indent: 0px; margin: 0pt; font: 0pt/0pt 'times new roman', times, serif; white-space: normal; letter-spacing: normal; color: #000000; clear: both; word-spacing: 0px; -webkit-text-stroke-width: 0px; padding: 0pt;">​</div>
<div style="widows: 1; text-transform: none; margin-top: 6pt; text-indent: 20pt; font: 13px/12pt 'times new roman', times, serif; white-space: normal; letter-spacing: normal; color: #000000; word-spacing: 0px; -webkit-text-stroke-width: 0px;">The Company leases a commercial office building which houses the Company’s Richmond, Virginia operations under the terms of a non-cancelable lease from an entity with which it is affiliated. As a result of being deemed the owner for accounting purposes, the building is recorded as an asset and the related financing obligation is recorded as a liability on the accompanying consolidated balance sheets. Since the arrangement did not qualify for sale-lease back treatment upon completion of the asset’s construction, the Company continues to reduce the obligation over the lease term as payments are made and depreciates the asset over its useful life. Both the financing obligation and the lease had initial 10-year terms which started in 2007. In 2015, the term of the lease and financing obligation were extended until 2026. The arrangements provide for 2.0% fixed annual rent increases.</div>
<div style="widows: 1; text-transform: none; margin-top: 6pt; text-indent: 20pt; font: 13px/12pt 'times new roman', times, serif; white-space: normal; letter-spacing: normal; color: #000000; word-spacing: 0px; -webkit-text-stroke-width: 0px;">The Chairman of the Board and Chief Executive Officer of the Company owns a plane that the Company periodically leases. Total fees paid by the Company for the use of this plane were $211,000, $690,000, and $228,000 for 2015, 2014, and 2013, respectively.</div>
<div style="widows: 1; text-transform: none; margin-top: 6pt; text-indent: 20pt; font: 13px/12pt 'times new roman', times, serif; white-space: normal; letter-spacing: normal; color: #000000; word-spacing: 0px; -webkit-text-stroke-width: 0px;">Prior to the Company’s Offering, the Company had various compensation arrangements with one of the Company’s Independent Directors. Pursuant to these agreements, the director was paid $250,000 and $256,000 in director fees, Investment Committee Chairman service fees, and investment and other business consulting fees for 2014, and 2013, respectively. Upon the Company’s Offering, the Company entered into a consulting agreement (the “Consulting Agreement”) with this director. Under the terms of the Consulting Agreement, the director received $150,000 in 2015 for investment and other business consulting services. The Consulting Agreement is for one year and automatically renews for a one year term unless written notice is provided 30 days prior to the expiration of the term.</div>
<div style="text-align: left; widows: 1; text-transform: none; margin-top: pt; text-indent: 0px; font: bold 13px/11pt 'times new roman', times, serif; white-space: normal; margin-bottom: 0pt; float: left; letter-spacing: normal; color: #000000; word-spacing: 0px; -webkit-text-stroke-width: 0px;">24. Unaudited Selected Quarterly Financial Data</div>
<div style="widows: 1; text-transform: none; text-indent: 0px; margin: 0pt; font: 0pt/0pt 'times new roman', times, serif; white-space: normal; letter-spacing: normal; color: #000000; clear: both; word-spacing: 0px; -webkit-text-stroke-width: 0px; padding: 0pt;">​</div>
<div style="widows: 1; text-transform: none; margin-top: 6pt; text-indent: 0px; width: 436pt; font: 13px/12pt 'times new roman', times, serif; white-space: normal; letter-spacing: normal; color: #000000; margin-left: 20pt; word-spacing: 0px; -webkit-text-stroke-width: 0px;">The following is a summary of the unaudited quarterly results of operations:</div>
<table align="center" style="widows: 1; text-transform: none; margin-top: 8pt; text-indent: 0px; width: 100%; border-collapse: collapse; font: 13px 'times new roman', times, serif; white-space: normal; letter-spacing: normal; height: 140px; color: #000000; word-spacing: 0px; -webkit-text-stroke-width: 0px;" border="0">
<tr style="text-align: center; text-transform: none; font: bold 8pt/8pt 'times new roman', times, serif; white-space: nowrap; color: #000000; vertical-align: bottom;">
<td style="border-bottom: #ffffff 1px solid; text-align: left; padding-bottom: 0.5pt; padding-left: 0pt; width: 207.46pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="border-bottom: #ffffff 1px solid; width: 6pt; padding: 0pt;">​</td>
<td style="border-bottom: #ffffff 1px solid; width: 6pt; padding: 0pt;">​</td>
<td style="border-bottom: #000000 1px solid; padding-bottom: 2.5pt; padding-left: 0pt; width: 0pt; padding-right: 0pt; padding-top: 0pt;" colspan="22">
<div style="text-align: center; white-space: nowrap;">2015 Quarter</div>
</td>
<td style="border-bottom: #ffffff 1px solid; width: 6pt; padding: 0pt;">​</td>
<td style="border-bottom: #ffffff 1px solid; width: 6pt; padding: 0pt;">​</td>
<td style="border-bottom: #000000 1px solid; padding-bottom: 2.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 0pt;" colspan="4">
<div style="text-align: center; white-space: nowrap;">2015</div>
</td>
<td style="border-bottom: #ffffff 1px solid; width: 0pt; padding: 0pt;">​</td>
</tr>
<tr style="text-align: center; text-transform: none; font: bold 8pt/8pt 'times new roman', times, serif; white-space: nowrap; color: #000000; vertical-align: bottom;">
<td style="border-bottom: #ffffff 1px solid; text-align: left; padding-bottom: 0.5pt; padding-left: 0pt; width: 207.46pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="border-bottom: #ffffff 1px solid; width: 6pt; padding: 0pt;">​</td>
<td style="border-bottom: #ffffff 1px solid; width: 6pt; padding: 0pt;">​</td>
<td style="border-bottom: #000000 1px solid; padding-bottom: 2.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.25pt;" colspan="4">
<div style="text-align: center; white-space: nowrap;">First</div>
</td>
<td style="border-bottom: #ffffff 1px solid; width: 6pt; padding: 0pt;">​</td>
<td style="border-bottom: #ffffff 1px solid; width: 6pt; padding: 0pt;">​</td>
<td style="border-bottom: #000000 1px solid; padding-bottom: 2.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.25pt;" colspan="4">
<div style="text-align: center; white-space: nowrap;">Second</div>
</td>
<td style="border-bottom: #ffffff 1px solid; width: 6pt; padding: 0pt;">​</td>
<td style="border-bottom: #ffffff 1px solid; width: 6pt; padding: 0pt;">​</td>
<td style="border-bottom: #000000 1px solid; padding-bottom: 2.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.25pt;" colspan="4">
<div style="text-align: center; white-space: nowrap;">Third</div>
</td>
<td style="border-bottom: #ffffff 1px solid; width: 6pt; padding: 0pt;">​</td>
<td style="border-bottom: #ffffff 1px solid; width: 6pt; padding: 0pt;">​</td>
<td style="border-bottom: #000000 1px solid; padding-bottom: 2.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.25pt;" colspan="4">
<div style="text-align: center; white-space: nowrap;">Fourth</div>
</td>
<td style="border-bottom: #ffffff 1px solid; width: 6pt; padding: 0pt;">​</td>
<td style="border-bottom: #ffffff 1px solid; width: 6pt; padding: 0pt;">​</td>
<td style="border-bottom: #000000 1px solid; padding-bottom: 2.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.25pt;" colspan="4">
<div style="text-align: center; white-space: nowrap;">Year</div>
</td>
<td style="border-bottom: #ffffff 1px solid; width: 0pt; padding: 0pt;">​</td>
</tr>
<tr style="text-align: left; text-transform: none; font: bold italic 8pt/8pt 'times new roman', times, serif; white-space: nowrap; color: #000000; vertical-align: bottom;">
<td style="padding-bottom: 0.5pt; padding-left: 0pt; width: 207.46pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="text-align: center; padding-bottom: 1.5pt; padding-left: 0pt; width: 0pt; padding-right: 0pt; padding-top: 3.25pt;" colspan="28">
<div style="text-align: center; white-space: nowrap;">(in thousands, except per share data)</div>
</td>
<td style="width: 0pt; padding: 0pt;">​</td>
</tr>
<tr style="text-align: right; text-transform: none; background-color: #cceeff; font: 10pt/10pt 'times new roman', times, serif; white-space: nowrap; color: #000000; vertical-align: bottom;">
<td style="text-align: left; padding-bottom: 1.5pt; padding-left: 0pt; width: 207.46pt; padding-right: 0pt; padding-top: 3.5pt;">
<div style="white-space: nowrap;">Gross written premiums</div>
</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="min-width: 3.75pt; text-align: right; padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.5pt;">$</td>
<td style="min-width: 24.75pt; text-align: right; padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3.5pt;">131,258</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="min-width: 3.75pt; text-align: right; padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.5pt;">$</td>
<td style="min-width: 24.75pt; text-align: right; padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3.5pt;">184,011</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="min-width: 3.75pt; text-align: right; padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.5pt;">$</td>
<td style="min-width: 24.75pt; text-align: right; padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3.5pt;">148,236</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="min-width: 3.75pt; text-align: right; padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.5pt;">$</td>
<td style="min-width: 24.75pt; text-align: right; padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3.5pt;">108,689</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="min-width: 3.75pt; text-align: right; padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.5pt;">$</td>
<td style="min-width: 24.75pt; text-align: right; padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3.5pt;">572,194</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
</tr>
<tr style="text-align: right; text-transform: none; font: 10pt/10pt 'times new roman', times, serif; white-space: nowrap; color: #000000; vertical-align: bottom;">
<td style="text-align: left; padding-bottom: 1.5pt; padding-left: 0pt; width: 207.46pt; padding-right: 0pt; padding-top: 3.5pt;">
<div style="white-space: nowrap;">Total revenues</div>
</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="min-width: 3.75pt; text-align: right; padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.5pt;">​</td>
<td style="min-width: 24.75pt; text-align: right; padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3.5pt;">126,467</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="min-width: 3.75pt; text-align: right; padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.5pt;">​</td>
<td style="min-width: 24.75pt; text-align: right; padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3.5pt;">120,227</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="min-width: 3.75pt; text-align: right; padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.5pt;">​</td>
<td style="min-width: 24.75pt; text-align: right; padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3.5pt;">133,123</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="min-width: 3.75pt; text-align: right; padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.5pt;">​</td>
<td style="min-width: 24.75pt; text-align: right; padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3.5pt;">125,104</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="min-width: 3.75pt; text-align: right; padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.5pt;">​</td>
<td style="min-width: 24.75pt; text-align: right; padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3.5pt;">504,921</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
</tr>
<tr style="text-align: right; text-transform: none; background-color: #cceeff; font: 10pt/10pt 'times new roman', times, serif; white-space: nowrap; color: #000000; vertical-align: bottom;">
<td style="text-align: left; padding-bottom: 1.5pt; padding-left: 0pt; width: 207.46pt; padding-right: 0pt; padding-top: 3.5pt;">
<div style="white-space: nowrap;">Net income</div>
</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="min-width: 3.75pt; text-align: right; padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.5pt;">​</td>
<td style="min-width: 24.75pt; text-align: right; padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3.5pt;">9,377</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="min-width: 3.75pt; text-align: right; padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.5pt;">​</td>
<td style="min-width: 24.75pt; text-align: right; padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3.5pt;">12,489</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="min-width: 3.75pt; text-align: right; padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.5pt;">​</td>
<td style="min-width: 24.75pt; text-align: right; padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3.5pt;">18,961</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="min-width: 3.75pt; text-align: right; padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.5pt;">​</td>
<td style="min-width: 24.75pt; text-align: right; padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3.5pt;">12,670</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="min-width: 3.75pt; text-align: right; padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.5pt;">​</td>
<td style="min-width: 24.75pt; text-align: right; padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3.5pt;">53,497</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
</tr>
<tr style="text-align: right; text-transform: none; font: 10pt/10pt 'times new roman', times, serif; white-space: nowrap; color: #000000; vertical-align: bottom;">
<td style="text-align: left; padding-bottom: 1.5pt; padding-left: 0pt; width: 207.46pt; padding-right: 0pt; padding-top: 3.5pt;">
<div style="white-space: nowrap;">Comprehensive income</div>
</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="min-width: 3.75pt; text-align: right; padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.5pt;">​</td>
<td style="min-width: 24.75pt; text-align: right; padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3.5pt;">13,326</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="min-width: 3.75pt; text-align: right; padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.5pt;">​</td>
<td style="min-width: 24.75pt; text-align: right; padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3.5pt;">(2,516<font style="position: absolute;">)</font></td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="min-width: 3.75pt; text-align: right; padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.5pt;">​</td>
<td style="min-width: 24.75pt; text-align: right; padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3.5pt;">20,547</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="min-width: 3.75pt; text-align: right; padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.5pt;">​</td>
<td style="min-width: 24.75pt; text-align: right; padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3.5pt;">6,970</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="min-width: 3.75pt; text-align: right; padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.5pt;">​</td>
<td style="min-width: 24.75pt; text-align: right; padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3.5pt;">38,327</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
</tr>
<tr style="text-align: left; text-transform: none; background-color: #cceeff; font: 10pt/10pt 'times new roman', times, serif; white-space: nowrap; color: #000000; vertical-align: bottom;">
<td style="padding-bottom: 1.5pt; padding-left: 0pt; width: 207.46pt; padding-right: 0pt; padding-top: 3.5pt;">Earnings per share:</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td colspan="6">​</td>
<td colspan="6">​</td>
<td colspan="6">​</td>
<td colspan="6">​</td>
<td colspan="6">​</td>
</tr>
<tr style="text-align: right; text-transform: none; font: 10pt/10pt 'times new roman', times, serif; white-space: nowrap; color: #000000; vertical-align: bottom;">
<td style="text-align: left; padding-bottom: 1.5pt; padding-left: 0pt; width: 207.46pt; padding-right: 0pt; padding-top: 3.5pt;">
<div style="margin-left: 10pt;">Basic</div>
</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="min-width: 3.75pt; text-align: right; padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.5pt;">$</td>
<td style="min-width: 24.75pt; text-align: right; padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3.5pt;">0.33</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="min-width: 3.75pt; text-align: right; padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.5pt;">$</td>
<td style="min-width: 24.75pt; text-align: right; padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3.5pt;">0.44</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="min-width: 3.75pt; text-align: right; padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.5pt;">$</td>
<td style="min-width: 24.75pt; text-align: right; padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3.5pt;">0.66</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="min-width: 3.75pt; text-align: right; padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.5pt;">$</td>
<td style="min-width: 24.75pt; text-align: right; padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3.5pt;">0.44</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="min-width: 3.75pt; text-align: right; padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.5pt;">$</td>
<td style="min-width: 24.75pt; text-align: right; padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3.5pt;">1.87</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
</tr>
<tr style="text-align: right; text-transform: none; background-color: #cceeff; font: 10pt/10pt 'times new roman', times, serif; white-space: nowrap; color: #000000; vertical-align: bottom;">
<td style="text-align: left; padding-bottom: 1.5pt; padding-left: 0pt; width: 207.46pt; padding-right: 0pt; padding-top: 3.5pt;">
<div style="margin-left: 10pt;">Diluted</div>
</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="min-width: 3.75pt; text-align: right; padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.5pt;">$</td>
<td style="min-width: 24.75pt; text-align: right; padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3.5pt;">0.32</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="min-width: 3.75pt; text-align: right; padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.5pt;">$</td>
<td style="min-width: 24.75pt; text-align: right; padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3.5pt;">0.43</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="min-width: 3.75pt; text-align: right; padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.5pt;">$</td>
<td style="min-width: 24.75pt; text-align: right; padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3.5pt;">0.64</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="min-width: 3.75pt; text-align: right; padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.5pt;">$</td>
<td style="min-width: 24.75pt; text-align: right; padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3.5pt;">0.43</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="min-width: 3.75pt; text-align: right; padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.5pt;">$</td>
<td style="min-width: 24.75pt; text-align: right; padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3.5pt;">1.82</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
</tr>
</table>
<table align="center" style="widows: 1; text-transform: none; margin-top: 11pt; text-indent: 0px; width: 100%; border-collapse: collapse; font: 13px 'times new roman', times, serif; white-space: normal; letter-spacing: normal; height: 140px; color: #000000; word-spacing: 0px; -webkit-text-stroke-width: 0px;" border="0">
<tr style="text-align: center; text-transform: none; font: bold 8pt/8pt 'times new roman', times, serif; white-space: nowrap; color: #000000; vertical-align: bottom;">
<td style="border-bottom: #ffffff 1px solid; text-align: left; padding-bottom: 0.5pt; padding-left: 0pt; width: 207.46pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="border-bottom: #ffffff 1px solid; width: 6pt; padding: 0pt;">​</td>
<td style="border-bottom: #ffffff 1px solid; width: 6pt; padding: 0pt;">​</td>
<td style="border-bottom: #000000 1px solid; padding-bottom: 2.5pt; padding-left: 0pt; width: 0pt; padding-right: 0pt; padding-top: 0pt;" colspan="22">
<div style="text-align: center; white-space: nowrap;">2014 Quarter</div>
</td>
<td style="border-bottom: #ffffff 1px solid; width: 6pt; padding: 0pt;">​</td>
<td style="border-bottom: #ffffff 1px solid; width: 6pt; padding: 0pt;">​</td>
<td style="border-bottom: #000000 1px solid; padding-bottom: 2.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 0pt;" colspan="4">
<div style="text-align: center; white-space: nowrap;">2014</div>
</td>
<td style="border-bottom: #ffffff 1px solid; width: 0pt; padding: 0pt;">​</td>
</tr>
<tr style="text-align: center; text-transform: none; font: bold 8pt/8pt 'times new roman', times, serif; white-space: nowrap; color: #000000; vertical-align: bottom;">
<td style="border-bottom: #ffffff 1px solid; text-align: left; padding-bottom: 0.5pt; padding-left: 0pt; width: 207.46pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="border-bottom: #ffffff 1px solid; width: 6pt; padding: 0pt;">​</td>
<td style="border-bottom: #ffffff 1px solid; width: 6pt; padding: 0pt;">​</td>
<td style="border-bottom: #000000 1px solid; padding-bottom: 2.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.25pt;" colspan="4">
<div style="text-align: center; white-space: nowrap;">First</div>
</td>
<td style="border-bottom: #ffffff 1px solid; width: 6pt; padding: 0pt;">​</td>
<td style="border-bottom: #ffffff 1px solid; width: 6pt; padding: 0pt;">​</td>
<td style="border-bottom: #000000 1px solid; padding-bottom: 2.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.25pt;" colspan="4">
<div style="text-align: center; white-space: nowrap;">Second</div>
</td>
<td style="border-bottom: #ffffff 1px solid; width: 6pt; padding: 0pt;">​</td>
<td style="border-bottom: #ffffff 1px solid; width: 6pt; padding: 0pt;">​</td>
<td style="border-bottom: #000000 1px solid; padding-bottom: 2.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.25pt;" colspan="4">
<div style="text-align: center; white-space: nowrap;">Third</div>
</td>
<td style="border-bottom: #ffffff 1px solid; width: 6pt; padding: 0pt;">​</td>
<td style="border-bottom: #ffffff 1px solid; width: 6pt; padding: 0pt;">​</td>
<td style="border-bottom: #000000 1px solid; padding-bottom: 2.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.25pt;" colspan="4">
<div style="text-align: center; white-space: nowrap;">Fourth</div>
</td>
<td style="border-bottom: #ffffff 1px solid; width: 6pt; padding: 0pt;">​</td>
<td style="border-bottom: #ffffff 1px solid; width: 6pt; padding: 0pt;">​</td>
<td style="border-bottom: #000000 1px solid; padding-bottom: 2.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.25pt;" colspan="4">
<div style="text-align: center; white-space: nowrap;">Year</div>
</td>
<td style="border-bottom: #ffffff 1px solid; width: 0pt; padding: 0pt;">​</td>
</tr>
<tr style="text-align: left; text-transform: none; font: bold italic 8pt/8pt 'times new roman', times, serif; white-space: nowrap; color: #000000; vertical-align: bottom;">
<td style="padding-bottom: 0.5pt; padding-left: 0pt; width: 207.46pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="text-align: center; padding-bottom: 1.5pt; padding-left: 0pt; width: 0pt; padding-right: 0pt; padding-top: 3.25pt;" colspan="28">
<div style="text-align: center; white-space: nowrap;">(in thousands, except per share data)</div>
</td>
<td style="width: 0pt; padding: 0pt;">​</td>
</tr>
<tr style="text-align: right; text-transform: none; background-color: #cceeff; font: 10pt/10pt 'times new roman', times, serif; white-space: nowrap; color: #000000; vertical-align: bottom;">
<td style="text-align: left; padding-bottom: 1.5pt; padding-left: 0pt; width: 207.46pt; padding-right: 0pt; padding-top: 3.5pt;">
<div style="white-space: nowrap;">Gross written premiums</div>
</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="min-width: 3.75pt; text-align: right; padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.5pt;">$</td>
<td style="min-width: 24.75pt; text-align: right; padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3.5pt;">147,241</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="min-width: 3.75pt; text-align: right; padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.5pt;">$</td>
<td style="min-width: 24.75pt; text-align: right; padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3.5pt;">96,960</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="min-width: 3.75pt; text-align: right; padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.5pt;">$</td>
<td style="min-width: 24.75pt; text-align: right; padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3.5pt;">171,415</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="min-width: 3.75pt; text-align: right; padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.5pt;">$</td>
<td style="min-width: 24.75pt; text-align: right; padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3.5pt;">103,151</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="min-width: 3.75pt; text-align: right; padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.5pt;">$</td>
<td style="min-width: 24.75pt; text-align: right; padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3.5pt;">518,767</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
</tr>
<tr style="text-align: right; text-transform: none; font: 10pt/10pt 'times new roman', times, serif; white-space: nowrap; color: #000000; vertical-align: bottom;">
<td style="text-align: left; padding-bottom: 1.5pt; padding-left: 0pt; width: 207.46pt; padding-right: 0pt; padding-top: 3.5pt;">
<div style="white-space: nowrap;">Total revenues</div>
</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="min-width: 3.75pt; text-align: right; padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.5pt;">​</td>
<td style="min-width: 24.75pt; text-align: right; padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3.5pt;">99,695</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="min-width: 3.75pt; text-align: right; padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.5pt;">​</td>
<td style="min-width: 24.75pt; text-align: right; padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3.5pt;">106,796</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="min-width: 3.75pt; text-align: right; padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.5pt;">​</td>
<td style="min-width: 24.75pt; text-align: right; padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3.5pt;">111,817</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="min-width: 3.75pt; text-align: right; padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.5pt;">​</td>
<td style="min-width: 24.75pt; text-align: right; padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3.5pt;">120,695</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="min-width: 3.75pt; text-align: right; padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.5pt;">​</td>
<td style="min-width: 24.75pt; text-align: right; padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3.5pt;">439,003</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
</tr>
<tr style="text-align: right; text-transform: none; background-color: #cceeff; font: 10pt/10pt 'times new roman', times, serif; white-space: nowrap; color: #000000; vertical-align: bottom;">
<td style="text-align: left; padding-bottom: 1.5pt; padding-left: 0pt; width: 207.46pt; padding-right: 0pt; padding-top: 3.5pt;">
<div style="white-space: nowrap;">Net income</div>
</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="min-width: 3.75pt; text-align: right; padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.5pt;">​</td>
<td style="min-width: 24.75pt; text-align: right; padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3.5pt;">9,138</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="min-width: 3.75pt; text-align: right; padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.5pt;">​</td>
<td style="min-width: 24.75pt; text-align: right; padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3.5pt;">9,513</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="min-width: 3.75pt; text-align: right; padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.5pt;">​</td>
<td style="min-width: 24.75pt; text-align: right; padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3.5pt;">17,168</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="min-width: 3.75pt; text-align: right; padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.5pt;">​</td>
<td style="min-width: 24.75pt; text-align: right; padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3.5pt;">8,866</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="min-width: 3.75pt; text-align: right; padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.5pt;">​</td>
<td style="min-width: 24.75pt; text-align: right; padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3.5pt;">44,685</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
</tr>
<tr style="text-align: right; text-transform: none; font: 10pt/10pt 'times new roman', times, serif; white-space: nowrap; color: #000000; vertical-align: bottom;">
<td style="text-align: left; padding-bottom: 1.5pt; padding-left: 0pt; width: 207.46pt; padding-right: 0pt; padding-top: 3.5pt;">
<div style="white-space: nowrap;">Comprehensive income</div>
</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="min-width: 3.75pt; text-align: right; padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.5pt;">​</td>
<td style="min-width: 24.75pt; text-align: right; padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3.5pt;">14,911</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="min-width: 3.75pt; text-align: right; padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.5pt;">​</td>
<td style="min-width: 24.75pt; text-align: right; padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3.5pt;">15,244</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="min-width: 3.75pt; text-align: right; padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.5pt;">​</td>
<td style="min-width: 24.75pt; text-align: right; padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3.5pt;">12,748</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="min-width: 3.75pt; text-align: right; padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.5pt;">​</td>
<td style="min-width: 24.75pt; text-align: right; padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3.5pt;">12,937</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="min-width: 3.75pt; text-align: right; padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.5pt;">​</td>
<td style="min-width: 24.75pt; text-align: right; padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3.5pt;">55,840</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
</tr>
<tr style="text-align: left; text-transform: none; background-color: #cceeff; font: 10pt/10pt 'times new roman', times, serif; white-space: nowrap; color: #000000; vertical-align: bottom;">
<td style="padding-bottom: 1.5pt; padding-left: 0pt; width: 207.46pt; padding-right: 0pt; padding-top: 3.5pt;">Earnings per share:</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td colspan="6">​</td>
<td colspan="6">​</td>
<td colspan="6">​</td>
<td colspan="6">​</td>
<td colspan="6">​</td>
</tr>
<tr style="text-align: right; text-transform: none; font: 10pt/10pt 'times new roman', times, serif; white-space: nowrap; color: #000000; vertical-align: bottom;">
<td style="text-align: left; padding-bottom: 1.5pt; padding-left: 0pt; width: 207.46pt; padding-right: 0pt; padding-top: 3.5pt;">
<div style="margin-left: 10pt;">Basic</div>
</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="min-width: 3.75pt; text-align: right; padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.5pt;">$</td>
<td style="min-width: 24.75pt; text-align: right; padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3.5pt;">0.32</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="min-width: 3.75pt; text-align: right; padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.5pt;">$</td>
<td style="min-width: 24.75pt; text-align: right; padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3.5pt;">0.33</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="min-width: 3.75pt; text-align: right; padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.5pt;">$</td>
<td style="min-width: 24.75pt; text-align: right; padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3.5pt;">0.60</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="min-width: 3.75pt; text-align: right; padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.5pt;">$</td>
<td style="min-width: 24.75pt; text-align: right; padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3.5pt;">0.31</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="min-width: 3.75pt; text-align: right; padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.5pt;">$</td>
<td style="min-width: 24.75pt; text-align: right; padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3.5pt;">1.57</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
</tr>
<tr style="text-align: right; text-transform: none; background-color: #cceeff; font: 10pt/10pt 'times new roman', times, serif; white-space: nowrap; color: #000000; vertical-align: bottom;">
<td style="text-align: left; padding-bottom: 1.5pt; padding-left: 0pt; width: 207.46pt; padding-right: 0pt; padding-top: 3.5pt;">
<div style="margin-left: 10pt;">Diluted</div>
</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="min-width: 3.75pt; text-align: right; padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.5pt;">$</td>
<td style="min-width: 24.75pt; text-align: right; padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3.5pt;">0.32</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="min-width: 3.75pt; text-align: right; padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.5pt;">$</td>
<td style="min-width: 24.75pt; text-align: right; padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3.5pt;">0.33</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="min-width: 3.75pt; text-align: right; padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.5pt;">$</td>
<td style="min-width: 24.75pt; text-align: right; padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3.5pt;">0.60</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="min-width: 3.75pt; text-align: right; padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.5pt;">$</td>
<td style="min-width: 24.75pt; text-align: right; padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3.5pt;">0.31</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="min-width: 3.75pt; text-align: right; padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.5pt;">$</td>
<td style="min-width: 24.75pt; text-align: right; padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3.5pt;">1.55</td>
</tr>
</table>
0.35
0.00
0.01
<div style="widows: 1; text-transform: none; margin-top: 1pt; text-indent: 0px; font: bold 13px/11pt 'times new roman', times, serif; white-space: normal; letter-spacing: normal; color: #000000; word-spacing: 0px; -webkit-text-stroke-width: 0px;">Fixed Maturity and Equity Securities</div>
<div style="widows: 1; text-transform: none; margin-top: 6pt; text-indent: 20pt; font: 13px/12pt 'times new roman', times, serif; white-space: normal; letter-spacing: normal; color: #000000; word-spacing: 0px; -webkit-text-stroke-width: 0px;">Fixed maturity and equity securities classified as “available-for-sale” are carried at fair value, and unrealized gains and losses on such securities, net of any deferred taxes, are reported as a separate component of accumulated other comprehensive income. Fixed maturity securities purchased for short-term resale are classified as “trading” and are carried at fair value with unrealized gains and losses included in earnings as a component of net investment income. The Company does not have any securities classified as “held-to-maturity”.</div>
<div style="widows: 1; text-transform: none; margin-top: 6pt; text-indent: 20pt; font: 13px/12pt 'times new roman', times, serif; white-space: normal; letter-spacing: normal; color: #000000; word-spacing: 0px; -webkit-text-stroke-width: 0px;">Fair value generally represents quoted market value prices for securities traded in the public marketplace or prices analytically determined using bid or closing prices for securities not traded in the public marketplace.</div>
<div style="widows: 1; text-transform: none; margin-top: 6pt; text-indent: 20pt; font: 13px/12pt 'times new roman', times, serif; white-space: normal; letter-spacing: normal; color: #000000; word-spacing: 0px; -webkit-text-stroke-width: 0px;">Premiums and discounts on mortgage-backed securities and asset-backed securities are amortized or accrued using the constant yield method which considers anticipated prepayments at the date of purchase. To the extent that the estimated lives of such securities change as a result of changes in estimated prepayment rates, the adjustments are included in net investment income using the retrospective method.</div>
<div style="widows: 1; text-transform: none; margin-top: 6pt; text-indent: 20pt; font: 13px/12pt 'times new roman', times, serif; white-space: normal; letter-spacing: normal; color: #000000; word-spacing: 0px; -webkit-text-stroke-width: 0px;">Realized investment gains or losses are determined on a specific identification basis. Interest income is recognized as earned, and dividend income is recognized on the ex-dividend date.</div>
<div style="widows: 1; text-transform: none; margin-top: 6pt; text-indent: 20pt; font: 13px/12pt 'times new roman', times, serif; white-space: normal; letter-spacing: normal; color: #000000; word-spacing: 0px; -webkit-text-stroke-width: 0px;">The Company evaluates its available-for-sale investments regularly to determine whether there are declines in value that are other-than-temporary. The Company’s outside investment managers assist the Company in this evaluation. When the Company determines that a security has experienced an other-than-temporary impairment, the impairment loss is recognized as a realized investment loss. The factors that the Company considers in evaluating whether such an other-than-temporary impairment has occurred include the amount and percentage that fair value is below amortized cost or cost and the length of time that fair value has been below amortized cost or cost. For fixed maturity securities, the Company considers the credit quality rating of the security, with a special emphasis on securities downgraded below investment grade. Management does not intend to sell available-for-sale fixed maturity securities in an unrealized loss position, and it is not “more likely than not” that the Company will be required to sell these securities before a recovery in fair value to their amortized cost basis occurs. For equity securities, management evaluates the near-term prospects of these investments in relation to the severity and duration of the impairment, and the Company’s ability and intent to hold these investments until a recovery of fair value occurs.</div>
<div style="widows: 1; text-transform: none; margin-top: pt; text-indent: 0px; font: bold 13px/11pt 'times new roman', times, serif; white-space: normal; letter-spacing: normal; color: #000000; word-spacing: 0px; -webkit-text-stroke-width: 0px;">Other Invested Assets</div>
<div style="widows: 1; text-transform: none; margin-top: 6pt; text-indent: 20pt; font: 13px/12pt 'times new roman', times, serif; white-space: normal; letter-spacing: normal; color: #000000; word-spacing: 0px; -webkit-text-stroke-width: 0px;">Other invested assets at December 31, 2015 and 2014 include the Company’s interests in private debt and equity investments. The investments are primarily focused in renewable energy, limited partnerships, and bank holding companies. Equity interests in various limited liability companies (“LLCs”) and limited partnerships are accounted for under the equity method, as the Company has determined that the equity method best reflects its economic interest in the underlying equity investment. For certain note agreements, original discounts and commitment fees received are recognized over the terms of the notes under the effective interest method.</div>
<div> </div>
<div style="widows: 1; text-transform: none; margin-top: pt; text-indent: 0px; font: bold 13px/11pt 'times new roman', times, serif; white-space: normal; letter-spacing: normal; color: #000000; word-spacing: 0px; -webkit-text-stroke-width: 0px;">Cash Equivalents</div>
<div style="widows: 1; text-transform: none; margin-top: 6pt; text-indent: 20pt; font: 13px/12pt 'times new roman', times, serif; white-space: normal; letter-spacing: normal; color: #000000; word-spacing: 0px; -webkit-text-stroke-width: 0px;">The Company considers highly liquid investments with maturities of three months or less at the date of purchase to be cash equivalents.</div>
<div style="widows: 1; text-transform: none; margin-top: pt; text-indent: 0px; font: bold 13px/11pt 'times new roman', times, serif; white-space: normal; letter-spacing: normal; color: #000000; word-spacing: 0px; -webkit-text-stroke-width: 0px;">Bank Loan Participations Held-for-Investment and Allowance for Credit Losses</div>
<div style="widows: 1; text-transform: none; margin-top: 6pt; text-indent: 20pt; font: 13px/12pt 'times new roman', times, serif; white-space: normal; letter-spacing: normal; color: #000000; word-spacing: 0px; -webkit-text-stroke-width: 0px;">Bank loan participations held-for-investment are managed by a specialized outside investment manager and are generally stated at their outstanding unpaid principal balances net of unamortized premiums or discounts and net of any allowance for credit losses. Interest income is accrued on the unpaid principal balance. Discounts and premiums are amortized to income using the interest method.</div>
<div style="widows: 1; text-transform: none; margin-top: 6pt; text-indent: 20pt; font: 13px/12pt 'times new roman', times, serif; white-space: normal; letter-spacing: normal; color: #000000; word-spacing: 0px; -webkit-text-stroke-width: 0px;">Generally, the accrual of interest on a bank loan participation is discontinued when the contractual payment of principal or interest has become 90 days past due or management has serious doubts about further collectability of principal or interest. A bank loan participation may remain on accrual status if it is in the process of collection and is either guaranteed or well secured. Interest received on nonaccrual loans generally is reported as investment income. There were no bank loans on nonaccrual status at December 31, 2015 or 2014.</div>
<div style="widows: 1; text-transform: none; margin-top: 6pt; text-indent: 20pt; font: 13px/12pt 'times new roman', times, serif; white-space: normal; letter-spacing: normal; color: #000000; word-spacing: 0px; -webkit-text-stroke-width: 0px;">Generally, bank loan participations are restored to accrual status when the obligation is brought current, has performed in accordance with the contractual terms for a reasonable period of time, and the ultimate collectability of the total contractual principal and interest is no longer in doubt.</div>
<div style="widows: 1; text-transform: none; margin-top: 6pt; text-indent: 20pt; font: 13px/12pt 'times new roman', times, serif; white-space: normal; letter-spacing: normal; color: #000000; word-spacing: 0px; -webkit-text-stroke-width: 0px;">The allowance for credit losses is maintained at a level believed adequate by management to absorb estimated probable credit losses. Management’s periodic evaluation of the adequacy of the allowance is based on consultations and advice of the Company’s specialized investment manager, known and inherent risks in the portfolio, adverse situations that may affect the borrower’s ability to repay, the estimated value of any underlying collateral, current economic conditions, and other relevant factors. When an observable market price for a loan is available, the Company has recorded an allowance equal to the difference between the fair value and the amortized cost of bank loans that it has determined to be impaired as a practical expedient for an estimate of probable future cash flows to be collected on those bank loans. If an observable market price for a loan is not available, the Company records an allowance equal to the difference between the present value of expected future cash flows discounted at the loan’s effective interest rate and the amortized cost of the loan.</div>
<div style="widows: 1; text-transform: none; margin-top: pt; text-indent: 0px; font: bold 13px/11pt 'times new roman', times, serif; white-space: normal; letter-spacing: normal; color: #000000; word-spacing: 0px; -webkit-text-stroke-width: 0px;">Short-Term Investments</div>
<div style="widows: 1; text-transform: none; margin-top: 6pt; text-indent: 20pt; font: 13px/12pt 'times new roman', times, serif; white-space: normal; letter-spacing: normal; color: #000000; word-spacing: 0px; -webkit-text-stroke-width: 0px;">Short-term investments are carried at cost, which approximates fair value. Short-term investments have maturities greater than three months but less than one year at the date of purchase.</div>
1400000
1400000
1900000
<div style="widows: 1; text-transform: none; margin-top: pt; text-indent: 0px; font: bold 13px/11pt 'times new roman', times, serif; white-space: normal; letter-spacing: normal; color: #000000; word-spacing: 0px; -webkit-text-stroke-width: 0px;">Reinsurance and Adjustable Features of Insurance and Reinsurance Contracts</div>
<div style="widows: 1; text-transform: none; margin-top: 4.02pt; text-indent: 20pt; font: 13px/12pt 'times new roman', times, serif; white-space: normal; letter-spacing: normal; color: #000000; word-spacing: 0px; -webkit-text-stroke-width: 0px;">Certain premiums and losses are ceded to other insurance companies or assumed from other insurance companies under various excess of loss and quota-share reinsurance contracts. The Company enters into ceded reinsurance contracts to limit its exposure to large losses, to limit exposure on new lines of insurance written by the Company, and to provide additional capacity for growth.</div>
<div style="widows: 1; text-transform: none; margin-top: 5.02pt; text-indent: 20pt; font: 13px/12pt 'times new roman', times, serif; white-space: normal; letter-spacing: normal; color: #000000; word-spacing: 0px; -webkit-text-stroke-width: 0px;">Premiums, commissions, and losses and loss adjustment expenses on reinsured business are accounted for on a basis consistent with that used in accounting for the original policies issued and the terms of the reinsurance contracts. Reinsurance recoverables and prepaid reinsurance premiums are reported as assets. Other amounts payable to insurance companies and reinsurers or receivable from insurance companies and reinsurers are netted where the right of offset exists. The Company receives ceding commissions in connection with certain ceded reinsurance. The ceding commissions are recorded as a reduction of other operating expenses.</div>
<div style="widows: 1; text-transform: none; margin-top: 5.01pt; text-indent: 20pt; font: 13px/12pt 'times new roman', times, serif; white-space: normal; letter-spacing: normal; color: #000000; word-spacing: 0px; -webkit-text-stroke-width: 0px;">Certain reinsurance contracts of the Casualty Reinsurance segment include provisions that adjust premiums or acquisition expenses based upon the experience under the contracts. Premiums written and earned, as well as related acquisition expenses are recorded based upon the projected experience under the contracts.</div>
<div style="widows: 1; text-transform: none; margin-top: 5.01pt; text-indent: 20pt; font: 13px/12pt 'times new roman', times, serif; white-space: normal; letter-spacing: normal; color: #000000; word-spacing: 0px; -webkit-text-stroke-width: 0px;">The Company’s Specialty Admitted Insurance segment writes insurance under specialty admitted program and fronting arrangements. The program and fronting arrangements may contain contractual provisions that adjust acquisition expenses based upon loss experience under the contracts. The specialty admitted programs and fronting arrangements are significantly reinsured. These reinsurance contracts may also contain provisions that adjust premiums or acquisition expenses based upon the loss experience under the contracts.</div>
<div style="widows: 1; text-transform: none; margin-top: pt; text-indent: 0px; font: bold 13px/11pt 'times new roman', times, serif; white-space: normal; letter-spacing: normal; color: #000000; word-spacing: 0px; -webkit-text-stroke-width: 0px;">Direct Written Premiums</div>
<div style="widows: 1; text-transform: none; margin-top: 6pt; text-indent: 20pt; font: 13px/12pt 'times new roman', times, serif; white-space: normal; letter-spacing: normal; color: #000000; word-spacing: 0px; -webkit-text-stroke-width: 0px;">Direct written premiums are earned on a pro rata basis over the terms of the policies, generally 12 months. The portion of premiums written applicable to the unexpired terms of the policies in force is recorded as unearned premiums. Policies are accounted for on an individual basis, with no aggregation by counterparty.</div>
<div style="widows: 1; text-transform: none; margin-top: pt; text-indent: 0px; font: bold 13px/11pt 'times new roman', times, serif; white-space: normal; letter-spacing: normal; color: #000000; word-spacing: 0px; -webkit-text-stroke-width: 0px;">Premiums Receivable and Agents’ Balances, Net</div>
<div style="widows: 1; text-transform: none; margin-top: 4.02pt; text-indent: 20pt; font: 13px/12pt 'times new roman', times, serif; white-space: normal; letter-spacing: normal; color: #000000; word-spacing: 0px; -webkit-text-stroke-width: 0px;">Premiums receivable and agents’ balances are carried at face value net of any allowance for doubtful accounts, which approximates fair value. The allowance for doubtful accounts represents an estimate of amounts considered uncollectible based on the Company’s assessment of the collectability of receivables that are past due. Receivables greater than 90 days past due were $2.6 million and $1.8 million at December 31, 2015 and 2014, respectively. The allowance for doubtful accounts was $2.8 million and $2.0 million at December 31, 2015 and 2014, respectively. Bad debt expense was $1.1 million for the year ended December 31, 2015, $812,000 for the year ended December 31, 2014, and $459,000 for the year ended December 31, 2013. Receivables written off against the allowance for doubtful accounts totaled $268,000 for the year ended December 31, 2015, $528,000 for the year ended December 31, 2014, and $978,000 for the year ended December 31, 2013. Account balances are charged off against the allowance after all means of collection have been exhausted and the potential for recovery is considered remote.</div>
<div style="widows: 1; text-transform: none; margin-top: pt; text-indent: 0px; font: bold 13px/11pt 'times new roman', times, serif; white-space: normal; letter-spacing: normal; color: #000000; word-spacing: 0px; -webkit-text-stroke-width: 0px;">Deferred Policy Acquisition Costs</div>
<div style="widows: 1; text-transform: none; margin-top: 4.02pt; text-indent: 20pt; font: 13px/12pt 'times new roman', times, serif; white-space: normal; letter-spacing: normal; color: #000000; word-spacing: 0px; -webkit-text-stroke-width: 0px;">Costs which are incrementally or directly related to the successful acquisition of new or renewal insurance business are deferred. These deferred costs are primarily commissions to agents, ceding commissions paid on reinsurance assumed, premium taxes, and the portion of underwriting fixed compensation and payroll related fringe benefits directly related to an insurance contract that has been acquired, net of ceding commissions related to reinsurance ceded. Amortization of such policy acquisition costs is charged to expense in proportion to premium earned over the estimated policy life. To the extent that unearned premiums on existing policies are not adequate to cover projected related costs and expenses, deferred policy acquisition costs are charged to earnings. The Company considers anticipated investment income in determining whether a premium deficiency exists.</div>
<div style="widows: 1; text-transform: none; margin-top: pt; text-indent: 0px; font: bold 13px/11pt 'times new roman', times, serif; white-space: normal; letter-spacing: normal; color: #000000; word-spacing: 0px; -webkit-text-stroke-width: 0px;">Income Taxes</div>
<div style="widows: 1; text-transform: none; margin-top: 4.02pt; text-indent: 20pt; font: 13px/12pt 'times new roman', times, serif; white-space: normal; letter-spacing: normal; color: #000000; word-spacing: 0px; -webkit-text-stroke-width: 0px;">Deferred tax assets and deferred tax liabilities are provided for the future tax consequences attributable to temporary differences between the financial statement carrying amounts of assets and liabilities and their respective U.S. tax bases. Deferred tax assets and liabilities are measured using enacted U.S. corporate tax rates expected to apply to taxable income in the years in which those temporary differences are expected to be recovered or settled. Deferred tax assets are reduced by a valuation allowance only when management believes it is more likely than not that some, or all, of the deferred tax assets will not be realized.</div>
<div style="widows: 1; text-transform: none; margin-top: 9.03pt; text-indent: 0px; font: bold 13px/11pt 'times new roman', times, serif; white-space: normal; letter-spacing: normal; color: #000000; word-spacing: 0px; -webkit-text-stroke-width: 0px;">Other Income</div>
<div style="widows: 1; text-transform: none; margin-top: 4.02pt; text-indent: 20pt; font: 13px/12pt 'times new roman', times, serif; white-space: normal; letter-spacing: normal; color: #000000; word-spacing: 0px; -webkit-text-stroke-width: 0px;">Other income is principally comprised of fee income earned on policies for which the Company has no exposure to underwriting risk. Net fee income of  $3.2 million, $883,000, and $0 is included in other income for the years ended December 31, 2015, 2014, and 2013, respectively. Fees are earned on a pro rata basis over the service period of the underlying business. Policies are accounted for on an individual basis, with no aggregation by counterparty.</div>
<div style="widows: 1; text-transform: none; margin-top: pt; text-indent: 0px; font: bold 13px/11pt 'times new roman', times, serif; white-space: normal; letter-spacing: normal; color: #000000; word-spacing: 0px; -webkit-text-stroke-width: 0px;">Assumed Reinsurance Premiums</div>
<div style="widows: 1; text-transform: none; margin-top: 6pt; text-indent: 20pt; font: 13px/12pt 'times new roman', times, serif; white-space: normal; letter-spacing: normal; color: #000000; word-spacing: 0px; -webkit-text-stroke-width: 0px;">Assumed reinsurance written premiums include amounts reported by brokers and ceding companies, supplemented by the Company’s own estimates of premiums when reports have not been received. Premiums on the Company’s excess of loss and pro rata reinsurance contracts are estimated when the business is underwritten. For excess of loss contracts, the deposit premium, as defined in the contract, is generally recorded as an estimate of premiums written at the inception date of the treaty. Estimates of premiums written under pro rata contracts are recorded in the period in which the underlying risks are expected to begin and are based on information provided by the brokers and the ceding companies.</div>
<div style="widows: 1; text-transform: none; margin-top: 6pt; text-indent: 20pt; font: 13px/12pt 'times new roman', times, serif; white-space: normal; letter-spacing: normal; color: #000000; word-spacing: 0px; -webkit-text-stroke-width: 0px;">Reinsurance premium estimates are reviewed by management periodically. Any adjustment to these estimates is recorded in the period in which it becomes known.</div>
<div style="widows: 1; text-transform: none; margin-top: 6pt; text-indent: 20pt; font: 13px/12pt 'times new roman', times, serif; white-space: normal; letter-spacing: normal; color: #000000; word-spacing: 0px; -webkit-text-stroke-width: 0px;">Reinsurance premiums assumed are earned over the terms of the underlying policies or reinsurance contracts. Contracts and policies written on a “losses occurring” basis cover claims that may occur during the term of the contract or policy, which is typically 12 months. Accordingly, the premium is earned evenly over the term. Contracts which are written on a “risks attaching” basis cover claims which attach to the underlying insurance policies written during the terms of such contracts. Premiums earned on such contracts usually extend beyond the original term of the reinsurance contract, typically resulting in recognition of premiums earned over a 24-month period in proportion to the level of underlying exposure. Contracts are accounted for on an individual basis, with no aggregation by counterparty.</div>
<div style="widows: 1; text-transform: none; margin-top: pt; text-indent: 0px; font: bold 13px/11pt 'times new roman', times, serif; white-space: normal; letter-spacing: normal; color: #000000; word-spacing: 0px; -webkit-text-stroke-width: 0px;">Intangible Assets, Net</div>
<div style="widows: 1; text-transform: none; margin-top: 4.01pt; text-indent: 20pt; font: 13px/12pt 'times new roman', times, serif; white-space: normal; letter-spacing: normal; color: #000000; word-spacing: 0px; -webkit-text-stroke-width: 0px;">Intangible assets are initially recognized and measured at fair value. Specifically identified intangible assets with indefinite lives include trademarks and state insurance licenses and authorities. Other specifically identified intangible assets with lives ranging from 7.0 to 27.5 years represent relationships with brokers. These intangible assets are amortized on a straight-line basis over their estimated useful lives.</div>
<div style="widows: 1; text-transform: none; margin-top: 4.01pt; text-indent: 20pt; font: 13px/12pt 'times new roman', times, serif; white-space: normal; letter-spacing: normal; color: #000000; word-spacing: 0px; -webkit-text-stroke-width: 0px;">Intangible assets with indefinite useful lives are reviewed for impairment at least annually. In evaluating whether there has been impairment to the intangible asset, management determines the fair value of the intangible asset and compares the resulting fair value to the carrying value of the intangible asset. If the carrying value exceeds the fair value, the intangible asset is written down to fair value, and the impairment is reported through earnings. The Company evaluates intangible assets with definite lives for impairment when impairment indicators are noted.</div>
3355000
3395000
3308000
3219000
2992000
13276000
29545000
2200000
<div style="widows: 1; text-transform: none; margin-top: pt; text-indent: 0px; font: bold 13px/11pt 'times new roman', times, serif; white-space: normal; letter-spacing: normal; color: #000000; word-spacing: 0px; -webkit-text-stroke-width: 0px;">Goodwill</div>
<div style="widows: 1; text-transform: none; margin-top: 4.02pt; text-indent: 20pt; font: 13px/12pt 'times new roman', times, serif; white-space: normal; letter-spacing: normal; color: #000000; word-spacing: 0px; -webkit-text-stroke-width: 0px;">Goodwill is tested annually for impairment in the fourth quarter of each calendar year, or more frequently if events or changes in circumstances indicate that the carrying amount of the Company’s reporting units, including goodwill, may exceed their fair values. The Company first assesses qualitative factors in determining whether it is necessary to perform the quantitative goodwill impairment test. Only if management determines that it is more likely than not that the fair value of a reporting unit is less than the carrying value based on qualitative factors would it be required to perform the quantitative goodwill impairment test. If management concludes that quantitative goodwill impairment testing is required, the fair value of the reporting units is determined using a combination of a market approach and an income approach which projects the future cash flows produced by the reporting units and discounts those cash flows to their present value. The projection of future cash flows is necessarily dependent upon assumptions on the future levels of income as well as business trends, prospects, market, and economic conditions. The results of the two approaches are weighted to determine the fair value of each reporting unit. When the fair value is less than the carrying value of the net assets of the reporting unit, including goodwill, an impairment loss is charged to operations. To determine the amount of any goodwill impairment, the implied fair value of reporting unit goodwill is compared to the carrying amount of that goodwill. The implied fair value of goodwill is determined in the same manner as the amount of goodwill recognized in a business combination is determined. That is, the fair value of a reporting unit is assigned to all of the assets and liabilities of that unit (including any unrecognized intangible assets) as if the reporting unit had been acquired in a business combination. The excess of the fair value of a reporting unit over the amounts assigned to its assets and liabilities is the implied fair value of goodwill.</div>
<div style="widows: 1; text-transform: none; margin-top: pt; text-indent: 0px; font: bold 13px/11pt 'times new roman', times, serif; white-space: normal; letter-spacing: normal; color: #000000; word-spacing: 0px; -webkit-text-stroke-width: 0px;">Impairment of Long-Lived Assets</div>
<div style="widows: 1; text-transform: none; margin-top: 6pt; text-indent: 20pt; font: 13px/12pt 'times new roman', times, serif; white-space: normal; letter-spacing: normal; color: #000000; word-spacing: 0px; -webkit-text-stroke-width: 0px;">Long-lived assets with finite lives are tested for impairment whenever recognized events or changes in circumstances indicate the carrying value of these assets may not be recoverable. If indicators of impairment are present, fair value is calculated using estimated future cash flows expected to be generated from the use of those assets. An impairment loss is recognized only if the carrying amount of a long-lived asset or asset group is not recoverable and exceeds its fair value. The carrying amount of a long-lived asset or asset group is not recoverable if it exceeds the sum of the undiscounted cash flows expected to result from the use and eventual disposition of the asset or asset group. That assessment is based on the carrying amount of the asset or asset group at the date it is tested for recoverability. An impairment loss is measured as the amount by which the carrying amount of a long-lived asset or asset group exceeds its fair value.</div>
<div style="widows: 1; text-transform: none; margin-top: pt; text-indent: 0px; font: bold 13px/11pt 'times new roman', times, serif; white-space: normal; letter-spacing: normal; color: #000000; word-spacing: 0px; -webkit-text-stroke-width: 0px;">Property and Equipment, Net</div>
<div style="widows: 1; text-transform: none; margin-top: 6pt; text-indent: 20pt; font: 13px/12pt 'times new roman', times, serif; white-space: normal; letter-spacing: normal; color: #000000; word-spacing: 0px; -webkit-text-stroke-width: 0px;">Property and equipment, which is included in “other assets” in the accompanying consolidated balance sheets, is reported at cost less accumulated depreciation and is depreciated principally on a straight-line basis over the estimated useful lives of the depreciable assets, generally three to ten years.</div>
<div style="widows: 1; text-transform: none; margin-top: 6pt; text-indent: 20pt; font: 13px/12pt 'times new roman', times, serif; white-space: normal; letter-spacing: normal; color: #000000; word-spacing: 0px; -webkit-text-stroke-width: 0px;">In the event the Company has been deemed the owner for accounting purposes of construction projects in lease arrangements, the estimated construction costs incurred to date are recorded as assets in property and equipment, net and included in “other assets” in the accompanying consolidated balance sheets. Upon occupancy of facilities under lease, the Company assesses whether arrangements qualify for sales recognition under the sale-leaseback accounting guidance. If the Company continues to be the deemed owner for accounting purposes, the cost of the building is depreciated over its estimated useful life.</div>
<p style="line-height: 11pt; margin: 0in 0in 0pt;" class="msonormal"><font style="font-family: times new roman,times; ; font-family: times new roman,times;" size="2"><b>Reserve for Losses and Loss Adjustment Expenses</b></font></p>
<p style="line-height: 12pt; text-indent: 20pt; margin: 0in 0in 0pt;" class="msonormal"><font style="font-family: times new roman,times; ; font-family: times new roman,times;" size="2">The reserve for losses and loss adjustment expenses represents the estimated ultimate cost of all reported and unreported losses and loss adjustment expenses incurred and unpaid at the balance sheet date. The Company does not discount this reserve. The process of estimating the reserves for losses and loss adjustment expenses requires a high degree of judgment and is subject to a number of variables. The reserve for losses and loss adjustment expenses is estimated using individual case-basis valuations and statistical analyses. Those estimates are subject to the effects of trends in loss severity and frequency.</font></p>
<p style="line-height: 12pt; text-indent: 20pt; margin: 0in 0in 0pt;" class="msonormal"><font style="font-family: times new roman,times; ; font-family: times new roman,times;" size="2">The Company utilizes various actuarially-accepted reserving methodologies in determining the continuum of expected outcomes for its reserves. These methodologies utilize various inputs, including management’s initial expected loss ratio (the ratio of losses and loss adjustment expenses incurred to net earned premiums), expected reporting patterns and payment patterns for losses and loss adjustment expenses (based on insurance industry data and the Company’s own experience), and the Company’s actual paid and reported losses and loss adjustment expenses. An internal actuary reviews these results and (after applying appropriate professional judgment and other actuarial techniques that are considered necessary) presents recommendations to the Company’s management. Management uses this information and the results of independent actuarial reviews performed in the third and fourth quarters of each year as well as its judgment to make decisions on the final recorded reserve for losses and loss adjustment expenses.</font></p>
<div style="line-height: 12pt; text-indent: 20pt; margin: 0in 0in 0pt;" class="msonormal"> </div>
<div style="widows: 1; text-transform: none; margin-top: 1pt; text-indent: 0px; font: 13px/12pt 'times new roman', times, serif; white-space: normal; letter-spacing: normal; color: #000000; word-spacing: 0px; -webkit-text-stroke-width: 0px;"><font style="font-family: times new roman,times;" size="2">Management believes that the use of judgment is necessary to arrive at a best estimate for the reserve for losses and loss adjustment expenses given the long-tailed nature of the business generally written by the Company and the limited operating experience of the Casualty Reinsurance segment and of the program and fronting business in the Specialty Admitted Insurance segment.</font></div>
<div style="widows: 1; text-transform: none; margin-top: 6pt; text-indent: 20pt; font: 13px/12pt 'times new roman', times, serif; white-space: normal; letter-spacing: normal; color: #000000; word-spacing: 0px; -webkit-text-stroke-width: 0px;"><font style="font-family: times new roman,times;" size="2">Catastrophes of significant magnitude, including hurricanes and earthquakes, involve complex coverage issues. In estimating the reserve for losses and loss adjustment expenses for these catastrophes, management uses case reserve estimates based on information obtained from site inspections by the Company’s adjustors and the terms of coverage provided in the policies. Management estimates reserves for incurred but not reported claims for these catastrophes using judgment based on an assessment of the Company’s property insurance exposures where the catastrophes occur and the Company’s progress in settling claims.</font></div>
<div style="widows: 1; text-transform: none; margin-top: 6pt; text-indent: 20pt; font: 13px/12pt 'times new roman', times, serif; white-space: normal; letter-spacing: normal; color: #000000; word-spacing: 0px; -webkit-text-stroke-width: 0px;"><font style="font-family: times new roman,times;" size="2">Although management believes that the reserve for losses and loss adjustment expenses is reasonable, it is possible that the Company’s actual incurred losses and loss adjustment expenses will not develop in a manner consistent with the assumptions inherent in the determination of these reserves. Specifically, the Company’s actual ultimate loss ratio could differ from management’s initial expected loss ratio and/or the Company’s actual reporting patterns for losses could differ from the expected reporting patterns. Accordingly, the ultimate settlement of losses and the related loss adjustment expenses may vary significantly from the estimates included in the Company’s consolidated financial statements. These estimates are reviewed continually by management and are adjusted as necessary as experience develops or new information becomes known; such adjustments are included in current operations.</font></div>
2200000
2400000
2600000
23800000
<div style="widows: 1; text-transform: none; margin-top: pt; text-indent: 0px; font: bold 13px/11pt 'times new roman', times, serif; white-space: normal; letter-spacing: normal; color: #000000; word-spacing: 0px; -webkit-text-stroke-width: 0px;">Financing Obligations</div>
<div style="widows: 1; text-transform: none; margin-top: 6pt; text-indent: 20pt; font: 13px/12pt 'times new roman', times, serif; white-space: normal; letter-spacing: normal; color: #000000; word-spacing: 0px; -webkit-text-stroke-width: 0px;">In a lease arrangement where the Company made a minority investment in a partnership that was involved in the construction of a building, the Company was deemed the owner for accounting purposes during the construction period. The Company recorded an asset for the amount of the total project costs and the related financing obligation is included in “other liabilities” in the accompanying consolidated balance sheets. Once construction was completed, the Company determined the arrangement did not qualify for sale-lease back treatment. Accordingly, the Company continues to reduce the obligation over the lease term as payments are made and depreciates the asset over its useful life. The Company does not report rent expense for the portion of the rent payment determined to be related to the assets which are owned for accounting purposes. Rather, this portion of the rent payment under the lease is recognized as a reduction of the financing obligation and as interest expense.</div>
P10Y
P5Y
<div style="widows: 1; text-transform: none; margin-top: pt; text-indent: 0px; font: bold 13px/11pt 'times new roman', times, serif; white-space: normal; letter-spacing: normal; color: #000000; word-spacing: 0px; -webkit-text-stroke-width: 0px;">Earnings Per Share</div>
<div style="widows: 1; text-transform: none; margin-top: 6pt; text-indent: 20pt; font: 13px/12pt 'times new roman', times, serif; white-space: normal; letter-spacing: normal; color: #000000; word-spacing: 0px; -webkit-text-stroke-width: 0px;">Basic earnings per share excludes dilution and is computed by dividing income available to common shareholders by the weighted-average number of common shares outstanding for the period. Diluted earnings per share reflects the dilution that could occur if securities or other contracts to issue common shares or common share equivalents were exercised or converted into common shares as calculated using the treasury stock method. When inclusion of common share equivalents increases the earnings per share or reduces the loss per share, the effect on earnings is anti-dilutive, and the diluted net earnings or net loss per share is computed excluding these common share equivalents.</div>
<div style="widows: 1; text-transform: none; margin-top: 6pt; text-indent: 20pt; font: 13px/12pt 'times new roman', times, serif; white-space: normal; letter-spacing: normal; color: #000000; word-spacing: 0px; -webkit-text-stroke-width: 0px;">The following represents a reconciliation of the numerator and denominator of the basic and diluted earnings per share computations contained in the consolidated financial statements.</div>
<table align="center" style="widows: 1; text-transform: none; margin-top: 8pt; text-indent: 0px; width: 100%; border-collapse: collapse; font: 13px 'times new roman', times, serif; white-space: normal; letter-spacing: normal; height: 198px; color: #000000; margin-left: 20pt; word-spacing: 0px; -webkit-text-stroke-width: 0px;" border="0">
<tr style="text-align: center; text-transform: none; font: bold 8pt/9pt 'times new roman', times, serif; white-space: nowrap; color: #000000; vertical-align: bottom;">
<td style="border-bottom: #ffffff 1px solid; text-align: left; padding-bottom: 0.5pt; padding-left: 0pt; width: 245.04pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="border-bottom: #ffffff 1px solid; width: 6pt; padding: 0pt;">​</td>
<td style="border-bottom: #ffffff 1px solid; width: 6pt; padding: 0pt;">​</td>
<td style="border-bottom: #000000 1px solid; padding-bottom: 0.667pt; padding-left: 0pt; padding-right: 0pt; padding-top: 0pt;" colspan="4">
<div style="text-align: center;">Income <br />(Numerator)</div>
</td>
<td style="border-bottom: #ffffff 1px solid; width: 6pt; padding: 0pt;">​</td>
<td style="border-bottom: #ffffff 1px solid; width: 6pt; padding: 0pt;">​</td>
<td style="border-bottom: #000000 1px solid; padding-bottom: 0.667pt; padding-left: 0pt; padding-right: 0pt; padding-top: 0pt;" colspan="4">
<div style="text-align: center;">Weighted-Average <br />Common Shares <br />(Denominator)</div>
</td>
<td style="border-bottom: #ffffff 1px solid; width: 6pt; padding: 0pt;">​</td>
<td style="border-bottom: #ffffff 1px solid; width: 6pt; padding: 0pt;">​</td>
<td style="border-bottom: #000000 1px solid; padding-bottom: 0.667pt; padding-left: 0pt; padding-right: 0pt; padding-top: 0pt;" colspan="4">
<div style="text-align: center;">Earnings <br />Per Share</div>
</td>
<td style="border-bottom: #ffffff 1px solid; width: 0pt; padding: 0pt;">​</td>
</tr>
<tr style="text-align: left; text-transform: none; font: bold italic 8pt/8pt 'times new roman', times, serif; white-space: nowrap; color: #000000; vertical-align: bottom;">
<td style="padding-bottom: 0.5pt; padding-left: 0pt; width: 245.04pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="text-align: center; padding-bottom: 0.5pt; padding-left: 0pt; width: 0pt; padding-right: 0pt; padding-top: 1.75pt;" colspan="16">
<div style="text-align: center; white-space: nowrap;">(in thousands, except per share data)</div>
</td>
<td style="width: 0pt; padding: 0pt;">​</td>
</tr>
<tr style="text-align: left; text-transform: none; background-color: #cceeff; font: bold 10pt/10pt 'times new roman', times, serif; white-space: nowrap; color: #000000; vertical-align: bottom;">
<td style="padding-bottom: 0.5pt; padding-left: 0pt; width: 245.04pt; padding-right: 0pt; padding-top: 2pt;">Year ended December 31, 2015</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td colspan="6">​</td>
<td colspan="6">​</td>
<td colspan="6">​</td>
</tr>
<tr style="text-align: right; text-transform: none; font: 10pt/10pt 'times new roman', times, serif; white-space: nowrap; color: #000000; vertical-align: bottom;">
<td style="text-align: left; padding-bottom: 0.5pt; padding-left: 0pt; width: 245.04pt; padding-right: 0pt; padding-top: 2pt;">
<div style="white-space: nowrap;">Basic</div>
</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="padding-bottom: 0pt; padding-left: 4.555pt; width: 0pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="min-width: 3.75pt; text-align: right; padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 2pt;">$</td>
<td style="min-width: 21pt; text-align: right; padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 2pt;">53,497</td>
<td style="padding-bottom: 0pt; padding-left: 4.555pt; width: 0pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="padding-bottom: 0pt; padding-left: 7.46pt; width: 0pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="min-width: 0pt; text-align: right; padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 2pt;">​</td>
<td style="min-width: 34.5pt; text-align: right; padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 2pt;">28,662,051</td>
<td style="padding-bottom: 0pt; padding-left: 7.46pt; width: 0pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="padding-bottom: 0pt; padding-left: 3.39pt; width: 0pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="min-width: 3.75pt; text-align: right; padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 2pt;">$</td>
<td style="min-width: 15.75pt; text-align: right; padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 2pt;">1.87</td>
<td style="padding-bottom: 0pt; padding-left: 3.39pt;
width: 0pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
</tr>
<tr style="text-align: right; text-transform: none; background-color: #cceeff; font: 10pt/10pt 'times new roman', times, serif; white-space: nowrap; color: #000000; vertical-align: bottom;">
<td style="border-bottom: #cceeff 1px solid; text-align: left; padding-bottom: 1pt; padding-left: 0pt; width: 245.04pt; padding-right: 0pt; padding-top: 2pt;">
<div style="white-space: nowrap;">Common share equivalents</div>
</td>
<td style="border-bottom: #cceeff 1px solid; width: 6pt; padding: 0pt;">​</td>
<td style="border-bottom: #cceeff 1px solid; width: 6pt; padding: 0pt;">​</td>
<td style="border-bottom: #cceeff 1px solid; padding-bottom: 0pt; padding-left: 4.555pt; width: 0pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="border-bottom: #000000 1px solid; min-width: 3.75pt; text-align: right; padding-bottom: 1pt; padding-left: 0pt; padding-right: 0pt; padding-top: 2pt;">​</td>
<td style="border-bottom: #000000 1px solid; min-width: 21pt; text-align: right; padding-bottom: 1pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 2pt;">—</td>
<td style="border-bottom: #cceeff 1px solid; padding-bottom: 0pt; padding-left: 4.555pt; width: 0pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="border-bottom: #cceeff 1px solid; width: 6pt; padding: 0pt;">​</td>
<td style="border-bottom: #cceeff 1px solid; width: 6pt; padding: 0pt;">​</td>
<td style="border-bottom: #cceeff 1px solid; padding-bottom: 0pt; padding-left: 7.46pt; width: 0pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="border-bottom: #000000 1px solid; min-width: 0pt; text-align: right; padding-bottom: 1pt; padding-left: 0pt; padding-right: 0pt; padding-top: 2pt;">​</td>
<td style="border-bottom: #000000 1px solid; min-width: 34.5pt; text-align: right; padding-bottom: 1pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 2pt;">672,867</td>
<td style="border-bottom: #cceeff 1px solid; padding-bottom: 0pt; padding-left: 7.46pt; width: 0pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="border-bottom: #cceeff 1px solid; width: 6pt; padding: 0pt;">​</td>
<td style="border-bottom: #cceeff 1px solid; width: 6pt; padding: 0pt;">​</td>
<td style="border-bottom: #cceeff 1px solid; padding-bottom: 0pt; padding-left: 3.39pt; width: 0pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="border-bottom: #000000 1px solid; min-width: 3.75pt; text-align: right; padding-bottom: 1pt; padding-left: 0pt; padding-right: 0pt; padding-top: 2pt;">​</td>
<td style="border-bottom: #000000 1px solid; min-width: 15.75pt; text-align: right; padding-bottom: 1pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 2pt;">(0.05<font style="position: absolute;">)</font></td>
<td style="border-bottom: #cceeff 1px solid; padding-bottom: 0pt; padding-left: 3.39pt; width: 0pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="border-bottom: #cceeff 1px solid; width: 0pt; padding: 0pt;">​</td>
</tr>
<tr style="text-align: right; text-transform: none; font: 10pt/10pt 'times new roman', times, serif; white-space: nowrap; color: #000000; vertical-align: bottom;">
<td style="text-align: left; padding-bottom: 1.75pt; padding-left: 0pt; width: 245.04pt; padding-right: 0pt; padding-top: 1.75pt;">
<div style="white-space: nowrap;">Diluted</div>
</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="padding-bottom: 0pt; padding-left: 4.555pt; width: 0pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="border-bottom: #000000 3px double; min-width: 3.75pt; text-align: right; padding-bottom: 1pt; padding-left: 0pt; padding-right: 0pt; padding-top: 1.75pt;">$</td>
<td style="border-bottom: #000000 3px double; min-width: 21pt; text-align: right; padding-bottom: 1pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 1.75pt;">53,497</td>
<td style="padding-bottom: 0pt; padding-left: 4.555pt; width: 0pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="padding-bottom: 0pt; padding-left: 7.46pt; width: 0pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="border-bottom: #000000 3px double; min-width: 0pt; text-align: right; padding-bottom: 1pt; padding-left: 0pt; padding-right: 0pt; padding-top: 1.75pt;">​</td>
<td style="border-bottom: #000000 3px double; min-width: 34.5pt; text-align: right; padding-bottom: 1pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 1.75pt;">29,334,918</td>
<td style="padding-bottom: 0pt; padding-left: 7.46pt; width: 0pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="padding-bottom: 0pt; padding-left: 3.39pt; width: 0pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="border-bottom: #000000 3px double; min-width: 3.75pt; text-align: right; padding-bottom: 1pt; padding-left: 0pt; padding-right: 0pt; padding-top: 1.75pt;">$</td>
<td style="border-bottom: #000000 3px double; min-width: 15.75pt; text-align: right; padding-bottom: 1pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 1.75pt;">1.82</td>
<td style="padding-bottom: 0pt; padding-left: 3.39pt; width: 0pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
</tr>
<tr style="text-align: left; text-transform: none; background-color: #cceeff; font: bold 10pt/10pt 'times new roman', times, serif; white-space: nowrap; color: #000000; vertical-align: bottom;">
<td style="padding-bottom: 0.5pt; padding-left: 0pt; width: 245.04pt; padding-right: 0pt; padding-top: 7.25pt;">Year ended December 31, 2014</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td colspan="6">​</td>
<td colspan="6">​</td>
<td colspan="6">​</td>
</tr>
<tr style="text-align: right; text-transform: none; font: 10pt/10pt 'times new roman', times, serif; white-space: nowrap; color: #000000; vertical-align: bottom;">
<td style="text-align: left; padding-bottom: 0.5pt; padding-left: 0pt; width: 245.04pt; padding-right: 0pt; padding-top: 2pt;">
<div style="white-space: nowrap;">Basic</div>
</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="padding-bottom: 0pt; padding-left: 4.555pt; width: 0pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="min-width: 3.75pt; text-align: right; padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 2pt;">$</td>
<td style="min-width: 21pt; text-align: right;
padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 2pt;">44,685</td>
<td style="padding-bottom: 0pt; padding-left: 4.555pt; width: 0pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="padding-bottom: 0pt; padding-left: 7.46pt; width: 0pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="min-width: 0pt; text-align: right; padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 2pt;">​</td>
<td style="min-width: 34.5pt; text-align: right; padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 2pt;">28,540,350</td>
<td style="padding-bottom: 0pt; padding-left: 7.46pt; width: 0pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="padding-bottom: 0pt; padding-left: 3.39pt; width: 0pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="min-width: 3.75pt; text-align: right; padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 2pt;">$</td>
<td style="min-width: 15.75pt; text-align: right; padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 2pt;">1.57</td>
<td style="padding-bottom: 0pt; padding-left: 3.39pt; width: 0pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
</tr>
<tr style="text-align: right; text-transform: none; background-color: #cceeff; font: 10pt/10pt 'times new roman', times, serif; white-space: nowrap; color: #000000; vertical-align: bottom;">
<td style="border-bottom: #cceeff 1px solid; text-align: left; padding-bottom: 1pt; padding-left: 0pt; width: 245.04pt; padding-right: 0pt; padding-top: 2pt;">
<div style="white-space: nowrap;">Common share equivalents</div>
</td>
<td style="border-bottom: #cceeff 1px solid; width: 6pt; padding: 0pt;">​</td>
<td style="border-bottom: #cceeff 1px solid; width: 6pt; padding: 0pt;">​</td>
<td style="border-bottom: #cceeff 1px solid; padding-bottom: 0pt; padding-left: 4.555pt; width: 0pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="border-bottom: #000000 1px solid; min-width: 3.75pt; text-align: right; padding-bottom: 1pt; padding-left: 0pt; padding-right: 0pt; padding-top: 2pt;">​</td>
<td style="border-bottom: #000000 1px solid; min-width: 21pt; text-align: right; padding-bottom: 1pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 2pt;">—</td>
<td style="border-bottom: #cceeff 1px solid; padding-bottom: 0pt; padding-left: 4.555pt; width: 0pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="border-bottom: #cceeff 1px solid; width: 6pt; padding: 0pt;">​</td>
<td style="border-bottom: #cceeff 1px solid; width: 6pt; padding: 0pt;">​</td>
<td style="border-bottom: #cceeff 1px solid; padding-bottom: 0pt; padding-left: 7.46pt; width: 0pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="border-bottom: #000000 1px solid; min-width: 0pt; text-align: right; padding-bottom: 1pt; padding-left: 0pt; padding-right: 0pt; padding-top: 2pt;">​</td>
<td style="border-bottom: #000000 1px solid; min-width: 34.5pt; text-align: right; padding-bottom: 1pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 2pt;">269,951</td>
<td style="border-bottom: #cceeff 1px solid; padding-bottom: 0pt; padding-left: 7.46pt; width: 0pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="border-bottom: #cceeff 1px solid; width: 6pt; padding: 0pt;">​</td>
<td style="border-bottom: #cceeff 1px solid; width: 6pt; padding: 0pt;">​</td>
<td style="border-bottom: #cceeff 1px solid; padding-bottom: 0pt; padding-left: 3.39pt; width: 0pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="border-bottom: #000000 1px solid; min-width: 3.75pt; text-align: right; padding-bottom: 1pt; padding-left: 0pt; padding-right: 0pt; padding-top: 2pt;">​</td>
<td style="border-bottom: #000000 1px solid; min-width: 15.75pt; text-align: right; padding-bottom: 1pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 2pt;">(0.02<font style="position: absolute;">)</font></td>
<td style="border-bottom: #cceeff 1px solid; padding-bottom: 0pt; padding-left: 3.39pt; width: 0pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="border-bottom: #cceeff 1px solid; width: 0pt; padding: 0pt;">​</td>
</tr>
<tr style="text-align: right; text-transform: none; font: 10pt/10pt 'times new roman', times, serif; white-space: nowrap; color: #000000; vertical-align: bottom;">
<td style="text-align: left; padding-bottom: 1.75pt; padding-left: 0pt; width: 245.04pt; padding-right: 0pt; padding-top: 1.75pt;">
<div style="white-space: nowrap;">Diluted</div>
</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="padding-bottom: 0pt; padding-left: 4.555pt; width: 0pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="border-bottom: #000000 3px double; min-width: 3.75pt; text-align: right; padding-bottom: 1pt; padding-left: 0pt; padding-right: 0pt; padding-top: 1.75pt;">$</td>
<td style="border-bottom: #000000 3px double; min-width: 21pt; text-align: right; padding-bottom: 1pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 1.75pt;">44,685</td>
<td style="padding-bottom: 0pt; padding-left: 4.555pt; width: 0pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="padding-bottom: 0pt; padding-left: 7.46pt; width: 0pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="border-bottom: #000000 3px double; min-width: 0pt; text-align: right; padding-bottom: 1pt; padding-left: 0pt; padding-right: 0pt; padding-top: 1.75pt;">​</td>
<td style="border-bottom: #000000 3px double; min-width: 34.5pt; text-align: right; padding-bottom: 1pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 1.75pt;">28,810,301</td>
<td style="padding-bottom: 0pt; padding-left: 7.46pt; width: 0pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="padding-bottom: 0pt; padding-left: 3.39pt; width: 0pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="border-bottom: #000000 3px double; min-width: 3.75pt; text-align: right; padding-bottom: 1pt; padding-left: 0pt; padding-right: 0pt; padding-top: 1.75pt;">$</td>
<td style="border-bottom: #000000 3px double; min-width: 15.75pt; text-align: right; padding-bottom: 1pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap;
padding-top: 1.75pt;">1.55</td>
<td style="padding-bottom: 0pt; padding-left: 3.39pt; width: 0pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
</tr>
<tr style="text-align: left; text-transform: none; background-color: #cceeff; font: bold 10pt/10pt 'times new roman', times, serif; white-space: nowrap; color: #000000; vertical-align: bottom;">
<td style="padding-bottom: 0.5pt; padding-left: 0pt; width: 245.04pt; padding-right: 0pt; padding-top: 7.25pt;">Year ended December 31, 2013</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td colspan="6">​</td>
<td colspan="6">​</td>
<td colspan="6">​</td>
</tr>
<tr style="text-align: right; text-transform: none; font: 10pt/10pt 'times new roman', times, serif; white-space: nowrap; color: #000000; vertical-align: bottom;">
<td style="text-align: left; padding-bottom: 0.5pt; padding-left: 0pt; width: 245.04pt; padding-right: 0pt; padding-top: 2pt;">
<div style="white-space: nowrap;">Basic</div>
</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="padding-bottom: 0pt; padding-left: 4.555pt; width: 0pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="min-width: 3.75pt; text-align: right; padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 2pt;">$</td>
<td style="min-width: 21pt; text-align: right; padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 2pt;">67,337</td>
<td style="padding-bottom: 0pt; padding-left: 4.555pt; width: 0pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="padding-bottom: 0pt; padding-left: 7.46pt; width: 0pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="min-width: 0pt; text-align: right; padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 2pt;">​</td>
<td style="min-width: 34.5pt; text-align: right; padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 2pt;">30,442,950</td>
<td style="padding-bottom: 0pt; padding-left: 7.46pt; width: 0pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="padding-bottom: 0pt; padding-left: 3.39pt; width: 0pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="min-width: 3.75pt; text-align: right; padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 2pt;">$</td>
<td style="min-width: 15.75pt; text-align: right; padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 2pt;">2.21</td>
<td style="padding-bottom: 0pt; padding-left: 3.39pt; width: 0pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
</tr>
<tr style="text-align: right; text-transform: none; background-color: #cceeff; font: 10pt/10pt 'times new roman', times, serif; white-space: nowrap; color: #000000; vertical-align: bottom;">
<td style="border-bottom: #cceeff 1px solid; text-align: left; padding-bottom: 1pt; padding-left: 0pt; width: 245.04pt; padding-right: 0pt; padding-top: 2pt;">
<div style="white-space: nowrap;">Common share equivalents</div>
</td>
<td style="border-bottom: #cceeff 1px solid; width: 6pt; padding: 0pt;">​</td>
<td style="border-bottom: #cceeff 1px solid; width: 6pt; padding: 0pt;">​</td>
<td style="border-bottom: #cceeff 1px solid; padding-bottom: 0pt; padding-left: 4.555pt; width: 0pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="border-bottom: #000000 1px solid; min-width: 3.75pt; text-align: right; padding-bottom: 1pt; padding-left: 0pt; padding-right: 0pt; padding-top: 2pt;">​</td>
<td style="border-bottom: #000000 1px solid; min-width: 21pt; text-align: right; padding-bottom: 1pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 2pt;">—</td>
<td style="border-bottom: #cceeff 1px solid; padding-bottom: 0pt; padding-left: 4.555pt; width: 0pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="border-bottom: #cceeff 1px solid; width: 6pt; padding: 0pt;">​</td>
<td style="border-bottom: #cceeff 1px solid; width: 6pt; padding: 0pt;">​</td>
<td style="border-bottom: #cceeff 1px solid; padding-bottom: 0pt; padding-left: 7.46pt; width: 0pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="border-bottom: #000000 1px solid; min-width: 0pt; text-align: right; padding-bottom: 1pt; padding-left: 0pt; padding-right: 0pt; padding-top: 2pt;">​</td>
<td style="border-bottom: #000000 1px solid; min-width: 34.5pt; text-align: right; padding-bottom: 1pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 2pt;">57,850</td>
<td style="border-bottom: #cceeff 1px solid; padding-bottom: 0pt; padding-left: 7.46pt; width: 0pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="border-bottom: #cceeff 1px solid; width: 6pt; padding: 0pt;">​</td>
<td style="border-bottom: #cceeff 1px solid; width: 6pt; padding: 0pt;">​</td>
<td style="border-bottom: #cceeff 1px solid; padding-bottom: 0pt; padding-left: 3.39pt; width: 0pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="border-bottom: #000000 1px solid; min-width: 3.75pt; text-align: right; padding-bottom: 1pt; padding-left: 0pt; padding-right: 0pt; padding-top: 2pt;">​</td>
<td style="border-bottom: #000000 1px solid; min-width: 15.75pt; text-align: right; padding-bottom: 1pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 2pt;">—</td>
<td style="border-bottom: #cceeff 1px solid; padding-bottom: 0pt; padding-left: 3.39pt; width: 0pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="border-bottom: #cceeff 1px solid; width: 0pt; padding: 0pt;">​</td>
</tr>
<tr style="text-align: right; text-transform: none; font: 10pt/10pt 'times new roman', times, serif; white-space: nowrap; color: #000000; vertical-align: bottom;">
<td style="text-align: left; padding-bottom: 2.75pt; padding-left: 0pt; width: 245.04pt; padding-right: 0pt; padding-top: 1.75pt;">
<div style="white-space: nowrap;">Diluted</div>
</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="padding-bottom: 0pt; padding-left: 4.555pt; width: 0pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="border-bottom: #000000 3px double; min-width: 3.75pt; text-align: right; padding-bottom: 2pt; padding-left: 0pt; padding-right: 0pt; padding-top: 1.75pt;">$</td>
<td style="border-bottom: #000000 3px double; min-width: 21pt; text-align: right; padding-bottom: 2pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top:
1.75pt;">67,337</td>
<td style="padding-bottom: 0pt; padding-left: 4.555pt; width: 0pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="padding-bottom: 0pt; padding-left: 7.46pt; width: 0pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="border-bottom: #000000 3px double; min-width: 0pt; text-align: right; padding-bottom: 2pt; padding-left: 0pt; padding-right: 0pt; padding-top: 1.75pt;">​</td>
<td style="border-bottom: #000000 3px double; min-width: 34.5pt; text-align: right; padding-bottom: 2pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 1.75pt;">30,500,800</td>
<td style="padding-bottom: 0pt; padding-left: 7.46pt; width: 0pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="padding-bottom: 0pt; padding-left: 3.39pt; width: 0pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="border-bottom: #000000 3px double; min-width: 3.75pt; text-align: right; padding-bottom: 2pt; padding-left: 0pt; padding-right: 0pt; padding-top: 1.75pt;">$</td>
<td style="border-bottom: #000000 3px double; min-width: 15.75pt; text-align: right; padding-bottom: 2pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 1.75pt;">2.21</td>
<td style="padding-bottom: 0pt; padding-left: 3.39pt; width: 0pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
</tr>
<tr style="line-height: 5.5pt; height: 5.5pt;">
<td style="line-height: 0pt; font-size: 0pt; padding: 0pt;" colspan="23">​</td>
</tr>
</table>
<div style="widows: 1; text-transform: none; margin-top: 11.5pt; text-indent: 0px; width: 436pt; font: 13px/12pt 'times new roman', times, serif; white-space: normal; letter-spacing: normal; color: #000000; margin-left: 20pt; word-spacing: 0px; -webkit-text-stroke-width: 0px;">Common share equivalents relate to our stock options and restricted stock units (“RSU’s”).</div>
<div style="widows: 1; text-transform: none; margin-top: 6pt; text-indent: 20pt; font: 13px/12pt 'times new roman', times, serif; white-space: normal; letter-spacing: normal; color: #000000; word-spacing: 0px; -webkit-text-stroke-width: 0px;">For the year ended December 31, 2015, all common share equivalents are dilutive. For the years ended December 31, 2014, and 2013, common share equivalents of 1,358,992 shares and 25,000 shares, respectively, are excluded from the calculations of diluted earnings per share as their effects are anti-dilutive.</div>
440000
<div style="widows: 1; text-transform: none; margin-top: pt; text-indent: 0px; font: bold 13px/11pt 'times new roman', times, serif; white-space: normal; letter-spacing: normal; color: #000000; word-spacing: 0px; -webkit-text-stroke-width: 0px;">Share Based Compensation</div>
<div style="widows: 1; text-transform: none; margin-top: 6pt; text-indent: 20pt; font: 13px/12pt 'times new roman', times, serif; white-space: normal; letter-spacing: normal; color: #000000; word-spacing: 0px; -webkit-text-stroke-width: 0px;">The Company expenses the fair value of share equity awards over the vesting period of the award on a straight-line basis. The Black-Scholes-Merton option pricing model is used to value the options granted (see Note 11). As the share based compensation expense is incurred, a corresponding increase to additional paid-in capital in shareholders’ equity is recognized. Share based compensation expense is reflected in “other operating expenses” in the accompanying consolidated statements of income and comprehensive income.</div>
24857000
52600000
14872000
35000000
14747000
54300000
208369000
207813000
176884000
357700000
21250000
21250000
25000000
73700000
<table align="center" style="widows: 1; text-transform: none; text-indent: 0px; width: 100%; border-collapse: collapse; font: 13px 'times new roman', times, serif; white-space: normal; letter-spacing: normal; height: 143px; color: #000000; word-spacing: 0px; -webkit-text-stroke-width: 0px;" border="0">
<tr style="text-align: left; text-transform: none; font: bold 8pt/8pt 'times new roman', times, serif; white-space: nowrap; color: #000000; vertical-align: bottom;">
<td style="border-bottom: #ffffff 1px solid; padding-bottom: 0.5pt; padding-left: 0pt; width: 281.88pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="border-bottom: #ffffff 1px solid; width: 6pt; padding: 0pt;">​</td>
<td style="border-bottom: #ffffff 1px solid; width: 6pt; padding: 0pt;">​</td>
<td style="border-bottom: #000000 1px solid; text-align: center; padding-bottom: 1.25pt; padding-left: 0pt; width: 0pt; padding-right: 0pt; padding-top: 0pt;" colspan="16">
<div style="text-align: center; white-space: nowrap;">Year Ended December 31,</div>
</td>
<td style="border-bottom: #ffffff 1px solid; width: 0pt; padding: 0pt;">​</td>
</tr>
<tr style="text-align: center; text-transform: none; font: bold 8pt/8pt 'times new roman', times, serif; white-space: nowrap; color: #000000; vertical-align: bottom;">
<td style="border-bottom: #ffffff 1px solid; text-align: left; padding-bottom: 0.5pt; padding-left: 0pt; width: 281.88pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="border-bottom: #ffffff 1px solid; width: 6pt; padding: 0pt;">​</td>
<td style="border-bottom: #ffffff 1px solid; width: 6pt; padding: 0pt;">​</td>
<td style="border-bottom: #000000 1px solid; padding-bottom: 1.25pt; padding-left: 0pt; padding-right: 0pt; padding-top: 2pt;" colspan="4">
<div style="text-align: center; white-space: nowrap;">2015</div>
</td>
<td style="border-bottom: #ffffff 1px solid; width: 6pt; padding: 0pt;">​</td>
<td style="border-bottom: #ffffff 1px solid; width: 6pt; padding: 0pt;">​</td>
<td style="border-bottom: #000000 1px solid; padding-bottom: 1.25pt; padding-left: 0pt; padding-right: 0pt; padding-top: 2pt;" colspan="4">
<div style="text-align: center; white-space: nowrap;">2014</div>
</td>
<td style="border-bottom: #ffffff 1px solid; width: 6pt; padding: 0pt;">​</td>
<td style="border-bottom: #ffffff 1px solid; width: 6pt; padding: 0pt;">​</td>
<td style="border-bottom: #000000 1px solid; padding-bottom: 1.25pt; padding-left: 0pt; padding-right: 0pt; padding-top: 2pt;" colspan="4">
<div style="text-align: center; white-space: nowrap;">2013</div>
</td>
<td style="border-bottom: #ffffff 1px solid; width: 0pt; padding: 0pt;">​</td>
</tr>
<tr style="text-align: left; text-transform: none; font: bold italic 8pt/8pt 'times new roman', times, serif; white-space: nowrap; color: #000000; vertical-align: bottom;">
<td style="padding-bottom: 0.5pt; padding-left: 0pt; width: 281.88pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="text-align: center; padding-bottom: 0.5pt; padding-left: 0pt; width: 0pt; padding-right: 0pt; padding-top: 2pt;" colspan="16">
<div style="text-align: center; white-space: nowrap;">(in thousands)</div>
</td>
<td style="width: 0pt; padding: 0pt;">​</td>
</tr>
<tr style="text-align: right; text-transform: none; background-color: #cceeff; font: 10pt/10pt 'times new roman', times, serif; white-space: nowrap; color: #000000; vertical-align: bottom;">
<td style="text-align: left; padding-bottom: 0.5pt; padding-left: 0pt; width: 281.88pt; padding-right: 0pt; padding-top: 2.25pt;">
<div style="white-space: nowrap;">Fixed maturity securities</div>
</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="min-width: 3.75pt; text-align: right; padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 2.25pt;">$</td>
<td style="min-width: 21pt; text-align: right; padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 2.25pt;">24,178</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="min-width: 3.75pt; text-align: right; padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 2.25pt;">$</td>
<td style="min-width: 21pt; text-align: right; padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 2.25pt;">22,861</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="min-width: 3.75pt; text-align: right; padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 2.25pt;">$</td>
<td style="min-width: 21pt; text-align: right; padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 2.25pt;">24,896</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
</tr>
<tr style="text-align: right; text-transform: none; font: 10pt/10pt 'times new roman', times, serif; white-space: nowrap; color: #000000; vertical-align: bottom;">
<td style="text-align: left; padding-bottom: 0.5pt; padding-left: 0pt; width: 281.88pt; padding-right: 0pt; padding-top: 2.25pt;">
<div style="white-space: nowrap;">Bank loan participations</div>
</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="min-width: 3.75pt; text-align: right; padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 2.25pt;">​</td>
<td style="min-width: 21pt; text-align: right; padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 2.25pt;">13,432</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="min-width: 3.75pt; text-align: right; padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 2.25pt;">​</td>
<td style="min-width: 21pt; text-align: right; padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 2.25pt;">13,809</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="min-width: 3.75pt; text-align: right; padding-bottom: 0.5pt;
padding-left: 0pt; padding-right: 0pt; padding-top: 2.25pt;">​</td>
<td style="min-width: 21pt; text-align: right; padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 2.25pt;">14,406</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
</tr>
<tr style="text-align: right; text-transform: none; background-color: #cceeff; font: 10pt/10pt 'times new roman', times, serif; white-space: nowrap; color: #000000; vertical-align: bottom;">
<td style="text-align: left; padding-bottom: 0.5pt; padding-left: 0pt; width: 281.88pt; padding-right: 0pt; padding-top: 2.25pt;">
<div style="white-space: nowrap;">Equity securities</div>
</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="min-width: 3.75pt; text-align: right; padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 2.25pt;">​</td>
<td style="min-width: 21pt; text-align: right; padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 2.25pt;">4,444</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="min-width: 3.75pt; text-align: right; padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 2.25pt;">​</td>
<td style="min-width: 21pt; text-align: right; padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 2.25pt;">4,103</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="min-width: 3.75pt; text-align: right; padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 2.25pt;">​</td>
<td style="min-width: 21pt; text-align: right; padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 2.25pt;">4,308</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
</tr>
<tr style="text-align: right; text-transform: none; font: 10pt/10pt 'times new roman', times, serif; white-space: nowrap; color: #000000; vertical-align: bottom;">
<td style="text-align: left; padding-bottom: 0.5pt; padding-left: 0pt; width: 281.88pt; padding-right: 0pt; padding-top: 2.25pt;">
<div style="white-space: nowrap;">Other invested assets</div>
</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="min-width: 3.75pt; text-align: right; padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 2.25pt;">​</td>
<td style="min-width: 21pt; text-align: right; padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 2.25pt;">5,947</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="min-width: 3.75pt; text-align: right; padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 2.25pt;">​</td>
<td style="min-width: 21pt; text-align: right; padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 2.25pt;">5,690</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="min-width: 3.75pt; text-align: right; padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 2.25pt;">​</td>
<td style="min-width: 21pt; text-align: right; padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 2.25pt;">5,123</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
</tr>
<tr style="text-align: right; text-transform: none; background-color: #cceeff; font: 10pt/10pt 'times new roman', times, serif; white-space: nowrap; color: #000000; vertical-align: bottom;">
<td style="text-align: left; padding-bottom: 0.5pt; padding-left: 0pt; width: 281.88pt; padding-right: 0pt; padding-top: 2.25pt;">
<div style="white-space: nowrap;">Cash, cash equivalents, short-term investments, and other</div>
</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="min-width: 3.75pt; text-align: right; padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 2.25pt;">​</td>
<td style="min-width: 21pt; text-align: right; padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 2.25pt;">672</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="min-width: 3.75pt; text-align: right; padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 2.25pt;">​</td>
<td style="min-width: 21pt; text-align: right; padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 2.25pt;">116</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="min-width: 3.75pt; text-align: right; padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 2.25pt;">​</td>
<td style="min-width: 21pt; text-align: right; padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 2.25pt;">120</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
</tr>
<tr style="text-align: right; text-transform: none; font: 10pt/10pt 'times new roman', times, serif; white-space: nowrap; color: #000000; vertical-align: bottom;">
<td style="border-bottom: #ffffff 1px solid; text-align: left; padding-bottom: 1.25pt; padding-left: 0pt; width: 281.88pt; padding-right: 0pt; padding-top: 2.25pt;">
<div style="white-space: nowrap;">Trading losses</div>
</td>
<td style="border-bottom: #ffffff 1px solid; width: 6pt; padding: 0pt;">​</td>
<td style="border-bottom: #ffffff 1px solid; width: 6pt; padding: 0pt;">​</td>
<td style="border-bottom: #ffffff 1px solid; width: 0pt; padding: 0pt;">​</td>
<td style="border-bottom: #000000 1px solid;
min-width: 3.75pt; text-align: right; padding-bottom: 1.25pt; padding-left: 0pt; padding-right: 0pt; padding-top: 2.25pt;">​</td>
<td style="border-bottom: #000000 1px solid; min-width: 21pt; text-align: right; padding-bottom: 1.25pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 2.25pt;">(9<font style="position: absolute;">)</font></td>
<td style="border-bottom: #ffffff 1px solid; width: 0pt; padding: 0pt;">​</td>
<td style="border-bottom: #ffffff 1px solid; width: 6pt; padding: 0pt;">​</td>
<td style="border-bottom: #ffffff 1px solid; width: 6pt; padding: 0pt;">​</td>
<td style="border-bottom: #ffffff 1px solid; width: 0pt; padding: 0pt;">​</td>
<td style="border-bottom: #000000 1px solid; min-width: 3.75pt; text-align: right; padding-bottom: 1.25pt; padding-left: 0pt; padding-right: 0pt; padding-top: 2.25pt;">​</td>
<td style="border-bottom: #000000 1px solid; min-width: 21pt; text-align: right; padding-bottom: 1.25pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 2.25pt;">(32<font style="position: absolute;">)</font></td>
<td style="border-bottom: #ffffff 1px solid; width: 0pt; padding: 0pt;">​</td>
<td style="border-bottom: #ffffff 1px solid; width: 6pt; padding: 0pt;">​</td>
<td style="border-bottom: #ffffff 1px solid; width: 6pt; padding: 0pt;">​</td>
<td style="border-bottom: #ffffff 1px solid; width: 0pt; padding: 0pt;">​</td>
<td style="border-bottom: #000000 1px solid; min-width: 3.75pt; text-align: right; padding-bottom: 1.25pt; padding-left: 0pt; padding-right: 0pt; padding-top: 2.25pt;">​</td>
<td style="border-bottom: #000000 1px solid; min-width: 21pt; text-align: right; padding-bottom: 1.25pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 2.25pt;">(226<font style="position: absolute;">)</font></td>
<td style="border-bottom: #ffffff 1px solid; width: 0pt; padding: 0pt;">​</td>
<td style="border-bottom: #ffffff 1px solid; width: 0pt; padding: 0pt;">​</td>
</tr>
<tr style="text-align: right; text-transform: none; background-color: #cceeff; font: 10pt/10pt 'times new roman', times, serif; white-space: nowrap; color: #000000; vertical-align: bottom;">
<td style="text-align: left; padding-bottom: 0.5pt; padding-left: 0pt; width: 281.88pt; padding-right: 0pt; padding-top: 2pt;">
<div style="white-space: nowrap;">Gross investment income</div>
</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="min-width: 3.75pt; text-align: right; padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 2pt;">​</td>
<td style="min-width: 21pt; text-align: right; padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 2pt;">48,664</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="min-width: 3.75pt; text-align: right; padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 2pt;">​</td>
<td style="min-width: 21pt; text-align: right; padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 2pt;">46,547</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="min-width: 3.75pt; text-align: right; padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 2pt;">​</td>
<td style="min-width: 21pt; text-align: right; padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 2pt;">48,627</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
</tr>
<tr style="text-align: right; text-transform: none; font: 10pt/10pt 'times new roman', times, serif; white-space: nowrap; color: #000000; vertical-align: bottom;">
<td style="border-bottom: #ffffff 1px solid; text-align: left; padding-bottom: 1.25pt; padding-left: 0pt; width: 281.88pt; padding-right: 0pt; padding-top: 2.25pt;">
<div style="white-space: nowrap;">Investment expense</div>
</td>
<td style="border-bottom: #ffffff 1px solid; width: 6pt; padding: 0pt;">​</td>
<td style="border-bottom: #ffffff 1px solid; width: 6pt; padding: 0pt;">​</td>
<td style="border-bottom: #ffffff 1px solid; width: 0pt; padding: 0pt;">​</td>
<td style="border-bottom: #000000 1px solid; min-width: 3.75pt; text-align: right; padding-bottom: 1.25pt; padding-left: 0pt; padding-right: 0pt; padding-top: 2.25pt;">​</td>
<td style="border-bottom: #000000 1px solid; min-width: 21pt; text-align: right; padding-bottom: 1.25pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 2.25pt;">(3,829<font style="position: absolute;">)</font></td>
<td style="border-bottom: #ffffff 1px solid; width: 0pt; padding: 0pt;">​</td>
<td style="border-bottom: #ffffff 1px solid; width: 6pt; padding: 0pt;">​</td>
<td style="border-bottom: #ffffff 1px solid; width: 6pt; padding: 0pt;">​</td>
<td style="border-bottom: #ffffff 1px solid; width: 0pt; padding: 0pt;">​</td>
<td style="border-bottom: #000000 1px solid; min-width: 3.75pt; text-align: right; padding-bottom: 1.25pt; padding-left: 0pt; padding-right: 0pt; padding-top: 2.25pt;">​</td>
<td style="border-bottom: #000000 1px solid; min-width: 21pt; text-align: right; padding-bottom: 1.25pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 2.25pt;">(3,542<font style="position: absolute;">)</font></td>
<td style="border-bottom: #ffffff 1px solid; width: 0pt; padding: 0pt;">​</td>
<td style="border-bottom: #ffffff 1px solid; width: 6pt; padding: 0pt;">​</td>
<td style="border-bottom: #ffffff 1px solid; width: 6pt; padding: 0pt;">​</td>
<td style="border-bottom: #ffffff 1px solid; width: 0pt; padding: 0pt;">​</td>
<td style="border-bottom: #000000 1px solid; min-width: 3.75pt; text-align: right; padding-bottom: 1.25pt; padding-left: 0pt; padding-right: 0pt; padding-top: 2.25pt;">​</td>
<td style="border-bottom: #000000 1px solid; min-width: 21pt; text-align: right; padding-bottom: 1.25pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 2.25pt;">(3,254<font style="position: absolute;">)</font></td>
<td style="border-bottom: #ffffff 1px solid; width: 0pt; padding: 0pt;">​</td>
<td style="border-bottom: #ffffff 1px solid; width: 0pt; padding: 0pt;">​</td>
</tr>
<tr style="text-align: right; text-transform: none; background-color: #cceeff; font: 10pt/10pt 'times new roman', times, serif; white-space: nowrap; color: #000000; vertical-align:
bottom;">
<td style="text-align: left; padding-bottom: 2.75pt; padding-left: 0pt; width: 281.88pt; padding-right: 0pt; padding-top: 2pt;">
<div style="white-space: nowrap;">Net investment income</div>
</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="border-bottom: #000000 3px double; min-width: 3.75pt; text-align: right; padding-bottom: 2pt; padding-left: 0pt; padding-right: 0pt; padding-top: 2pt;">$</td>
<td style="border-bottom: #000000 3px double; min-width: 21pt; text-align: right; padding-bottom: 2pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 2pt;">44,835</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="border-bottom: #000000 3px double; min-width: 3.75pt; text-align: right; padding-bottom: 2pt; padding-left: 0pt; padding-right: 0pt; padding-top: 2pt;">$</td>
<td style="border-bottom: #000000 3px double; min-width: 21pt; text-align: right; padding-bottom: 2pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 2pt;">43,005</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="border-bottom: #000000 3px double; min-width: 3.75pt; text-align: right; padding-bottom: 2pt; padding-left: 0pt; padding-right: 0pt; padding-top: 2pt;">$</td>
<td style="border-bottom: #000000 3px double; min-width: 21pt; text-align: right; padding-bottom: 2pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 2pt;">45,373</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
</tr>
<tr style="line-height: 5.25pt; height: 5.25pt;">
<td style="line-height: 0pt; font-size: 0pt; padding: 0pt;" colspan="23">​</td>
</tr>
</table>
<table align="center" style="widows: 1; text-transform: none; text-indent: 0px; width: 100%; border-collapse: collapse; font: 13px 'times new roman', times, serif; white-space: normal; letter-spacing: normal; height: 95px; color: #000000; word-spacing: 0px; -webkit-text-stroke-width: 0px;" border="0">
<tr style="text-align: left; text-transform: none; font: bold 8pt/8pt 'times new roman', times, serif; white-space: nowrap; color: #000000; vertical-align: bottom;">
<td style="border-bottom: #ffffff 1px solid; padding-bottom: 0.5pt; padding-left: 0pt; width: 275.22pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="border-bottom: #ffffff 1px solid; width: 6pt; padding: 0pt;">​</td>
<td style="border-bottom: #ffffff 1px solid; width: 6pt; padding: 0pt;">​</td>
<td style="border-bottom: #000000 1px solid; text-align: center; padding-bottom: 2.5pt; padding-left: 0pt; width: 0pt; padding-right: 0pt; padding-top: 0pt;" colspan="16">
<div style="text-align: center; white-space: nowrap;">Year Ended December 31,</div>
</td>
<td style="border-bottom: #ffffff 1px solid; width: 0pt; padding: 0pt;">​</td>
</tr>
<tr style="text-align: center; text-transform: none; font: bold 8pt/8pt 'times new roman', times, serif; white-space: nowrap; color: #000000; vertical-align: bottom;">
<td style="border-bottom: #ffffff 1px solid; text-align: left; padding-bottom: 0.5pt; padding-left: 0pt; width: 275.22pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="border-bottom: #ffffff 1px solid; width: 6pt; padding: 0pt;">​</td>
<td style="border-bottom: #ffffff 1px solid; width: 6pt; padding: 0pt;">​</td>
<td style="border-bottom: #000000 1px solid; padding-bottom: 2.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.25pt;" colspan="4">
<div style="text-align: center; white-space: nowrap;">2015</div>
</td>
<td style="border-bottom: #ffffff 1px solid; width: 6pt; padding: 0pt;">​</td>
<td style="border-bottom: #ffffff 1px solid; width: 6pt; padding: 0pt;">​</td>
<td style="border-bottom: #000000 1px solid; padding-bottom: 2.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.25pt;" colspan="4">
<div style="text-align: center; white-space: nowrap;">2014</div>
</td>
<td style="border-bottom: #ffffff 1px solid; width: 6pt; padding: 0pt;">​</td>
<td style="border-bottom: #ffffff 1px solid; width: 6pt; padding: 0pt;">​</td>
<td style="border-bottom: #000000 1px solid; padding-bottom: 2.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.25pt;" colspan="4">
<div style="text-align: center; white-space: nowrap;">2013</div>
</td>
<td style="border-bottom: #ffffff 1px solid; width: 0pt; padding: 0pt;">​</td>
</tr>
<tr style="text-align: left; text-transform: none; font: bold italic 8pt/8pt 'times new roman', times, serif; white-space: nowrap; color: #000000; vertical-align: bottom;">
<td style="padding-bottom: 0.5pt; padding-left: 0pt; width: 275.22pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="text-align: center; padding-bottom: 0.5pt; padding-left: 0pt; width: 0pt; padding-right: 0pt; padding-top: 3.25pt;" colspan="16">
<div style="text-align: center; white-space: nowrap;">(in thousands)</div>
</td>
<td style="width: 0pt; padding: 0pt;">​</td>
</tr>
<tr style="text-align: left; text-transform: none; background-color: #cceeff; font: 10pt/10pt 'times new roman', times, serif; white-space: nowrap; color: #000000; vertical-align: bottom;">
<td style="padding-bottom: 1.5pt; padding-left: 0pt; width: 275.22pt; padding-right: 0pt; padding-top: 3.5pt;">Change in gross unrealized gains (losses):</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td colspan="6">​</td>
<td colspan="6">​</td>
<td colspan="6">​</td>
</tr>
<tr style="text-align: right; text-transform: none; font: 10pt/10pt 'times new roman', times, serif; white-space: nowrap; color: #000000; vertical-align: bottom;">
<td style="text-align: left; padding-bottom: 1.5pt; padding-left: 0pt; width: 275.22pt; padding-right: 0pt; padding-top: 3.5pt;">
<div style="margin-left: 10pt;">Fixed maturity securities</div>
</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="min-width: 3.75pt; text-align: right; padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.5pt;">$</td>
<td style="min-width: 23.25pt; text-align: right; padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3.5pt;">(16,832<font style="position: absolute;">)</font></td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="min-width: 3.75pt; text-align: right; padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.5pt;">$</td>
<td style="min-width: 21pt; text-align: right; padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3.5pt;">10,765</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="min-width: 3.75pt; text-align: right; padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.5pt;">$</td>
<td style="min-width: 23.25pt; text-align: right; padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3.5pt;">(41,677<font style="position: absolute;">)</font></td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
</tr>
<tr style="text-align: right; text-transform: none; background-color: #cceeff; font: 10pt/10pt 'times new roman', times, serif; white-space: nowrap; color: #000000; vertical-align: bottom;">
<td style="border-bottom: #cceeff 1px solid; text-align: left; padding-bottom: 2.5pt; padding-left: 0pt; width: 275.22pt; padding-right: 0pt; padding-top: 3.5pt;">
<div style="margin-left: 10pt;">Equity securities</div>
</td>
<td style="border-bottom: #cceeff 1px solid; width: 6pt; padding: 0pt;">​</td>
<td style="border-bottom: #cceeff 1px solid; width: 6pt; padding: 0pt;">​</td>
<td style="border-bottom: #cceeff 1px solid; width: 0pt; padding: 0pt;">​</td>
<td style="border-bottom: #000000 1px solid; min-width: 3.75pt; text-align: right; padding-bottom: 2.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.5pt;">​</td>
<td style="border-bottom: #000000 1px solid; min-width: 23.25pt; text-align: right; padding-bottom: 2.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3.5pt;">724</td>
<td
style="border-bottom: #cceeff 1px solid; width: 0pt; padding: 0pt;">​</td>
<td style="border-bottom: #cceeff 1px solid; width: 6pt; padding: 0pt;">​</td>
<td style="border-bottom: #cceeff 1px solid; width: 6pt; padding: 0pt;">​</td>
<td style="border-bottom: #cceeff 1px solid; width: 0pt; padding: 0pt;">​</td>
<td style="border-bottom: #000000 1px solid; min-width: 3.75pt; text-align: right; padding-bottom: 2.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.5pt;">​</td>
<td style="border-bottom: #000000 1px solid; min-width: 21pt; text-align: right; padding-bottom: 2.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3.5pt;">3,879</td>
<td style="border-bottom: #cceeff 1px solid; width: 0pt; padding: 0pt;">​</td>
<td style="border-bottom: #cceeff 1px solid; width: 6pt; padding: 0pt;">​</td>
<td style="border-bottom: #cceeff 1px solid; width: 6pt; padding: 0pt;">​</td>
<td style="border-bottom: #cceeff 1px solid; width: 0pt; padding: 0pt;">​</td>
<td style="border-bottom: #000000 1px solid; min-width: 3.75pt; text-align: right; padding-bottom: 2.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.5pt;">​</td>
<td style="border-bottom: #000000 1px solid; min-width: 23.25pt; text-align: right; padding-bottom: 2.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3.5pt;">(6,281<font style="position: absolute;">)</font></td>
<td style="border-bottom: #cceeff 1px solid; width: 0pt; padding: 0pt;">​</td>
<td style="border-bottom: #cceeff 1px solid; width: 0pt; padding: 0pt;">​</td>
</tr>
<tr style="text-align: right; text-transform: none; font: 10pt/10pt 'times new roman', times, serif; white-space: nowrap; color: #000000; vertical-align: bottom;">
<td style="text-align: left; padding-bottom: 2.75pt; padding-left: 0pt; width: 275.22pt; padding-right: 0pt; padding-top: 3.25pt;">
<div style="white-space: nowrap;">Total</div>
</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="border-bottom: #000000 3px double; min-width: 3.75pt; text-align: right; padding-bottom: 2pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.25pt;">$</td>
<td style="border-bottom: #000000 3px double; min-width: 23.25pt; text-align: right; padding-bottom: 2pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3.25pt;">(16,108<font style="position: absolute;">)</font></td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="border-bottom: #000000 3px double; min-width: 3.75pt; text-align: right; padding-bottom: 2pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.25pt;">$</td>
<td style="border-bottom: #000000 3px double; min-width: 21pt; text-align: right; padding-bottom: 2pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3.25pt;">14,644</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="border-bottom: #000000 3px double; min-width: 3.75pt; text-align: right; padding-bottom: 2pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.25pt;">$</td>
<td style="border-bottom: #000000 3px double; min-width: 23.25pt; text-align: right; padding-bottom: 2pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3.25pt;">(47,958<font style="position: absolute;">)</font></td>
</tr>
</table>
0.750
0.100
0.300
19800000
89400000
<table align="center" style="widows: 1; text-transform: none; text-indent: 0px; width: 100%; border-collapse: collapse; font: 13px 'times new roman', times, serif; white-space: normal; letter-spacing: normal; height: 131px; color: #000000; word-spacing: 0px; -webkit-text-stroke-width: 0px;" border="0">
<tr style="text-align: left; text-transform: none; font: bold 8pt/8pt 'times new roman', times, serif; white-space: nowrap; color: #000000; vertical-align: bottom;">
<td style="border-bottom: #ffffff 1px solid; padding-bottom: 0.5pt; padding-left: 0pt; width: 271.89pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="border-bottom: #ffffff 1px solid; width: 6pt; padding: 0pt;">​</td>
<td style="border-bottom: #ffffff 1px solid; width: 6pt; padding: 0pt;">​</td>
<td style="border-bottom: #000000 1px solid; text-align: center; padding-bottom: 1.25pt; padding-left: 0pt; width: 0pt; padding-right: 0pt; padding-top: 0pt;" colspan="16">
<div style="text-align: center; white-space: nowrap;">Year Ended December 31,</div>
</td>
<td style="border-bottom: #ffffff 1px solid; width: 0pt; padding: 0pt;">​</td>
</tr>
<tr style="text-align: center; text-transform: none; font: bold 8pt/8pt 'times new roman', times, serif; white-space: nowrap; color: #000000; vertical-align: bottom;">
<td style="border-bottom: #ffffff 1px solid; text-align: left; padding-bottom: 0.5pt; padding-left: 0pt; width: 271.89pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="border-bottom: #ffffff 1px solid; width: 6pt; padding: 0pt;">​</td>
<td style="border-bottom: #ffffff 1px solid; width: 6pt; padding: 0pt;">​</td>
<td style="border-bottom: #000000 1px solid; padding-bottom: 1.25pt; padding-left: 0pt; padding-right: 0pt; padding-top: 2pt;" colspan="4">
<div style="text-align: center; white-space: nowrap;">2015</div>
</td>
<td style="border-bottom: #ffffff 1px solid; width: 6pt; padding: 0pt;">​</td>
<td style="border-bottom: #ffffff 1px solid; width: 6pt; padding: 0pt;">​</td>
<td style="border-bottom: #000000 1px solid; padding-bottom: 1.25pt; padding-left: 0pt; padding-right: 0pt; padding-top: 2pt;" colspan="4">
<div style="text-align: center; white-space: nowrap;">2014</div>
</td>
<td style="border-bottom: #ffffff 1px solid; width: 6pt; padding: 0pt;">​</td>
<td style="border-bottom: #ffffff 1px solid; width: 6pt; padding: 0pt;">​</td>
<td style="border-bottom: #000000 1px solid; padding-bottom: 1.25pt; padding-left: 0pt; padding-right: 0pt; padding-top: 2pt;" colspan="4">
<div style="text-align: center; white-space: nowrap;">2013</div>
</td>
<td style="border-bottom: #ffffff 1px solid; width: 0pt; padding: 0pt;">​</td>
</tr>
<tr style="text-align: left; text-transform: none; font: bold italic 8pt/8pt 'times new roman', times, serif; white-space: nowrap; color: #000000; vertical-align: bottom;">
<td style="padding-bottom: 0.5pt; padding-left: 0pt; width: 271.89pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="text-align: center; padding-bottom: 0.5pt; padding-left: 0pt; width: 0pt; padding-right: 0pt; padding-top: 2pt;" colspan="16">
<div style="text-align: center; white-space: nowrap;">(in thousands)</div>
</td>
<td style="width: 0pt; padding: 0pt;">​</td>
</tr>
<tr style="text-align: right; text-transform: none; background-color: #cceeff; font: 10pt/10pt 'times new roman', times, serif; white-space: nowrap; color: #000000; vertical-align: bottom;">
<td style="text-align: left; padding-bottom: 0.5pt; padding-left: 0pt; width: 271.89pt; padding-right: 0pt; padding-top: 2.25pt;">
<div style="white-space: nowrap;">Balance at beginning of period</div>
</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="min-width: 3.75pt; text-align: right; padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 2.25pt;">$</td>
<td style="min-width: 23.25pt; text-align: right; padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 2.25pt;">60,202</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="min-width: 3.75pt; text-align: right; padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 2.25pt;">$</td>
<td style="min-width: 23.25pt; text-align: right; padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 2.25pt;">46,204</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="min-width: 3.75pt; text-align: right; padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 2.25pt;">$</td>
<td style="min-width: 23.25pt; text-align: right; padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 2.25pt;">49,336</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
</tr>
<tr style="text-align: left; text-transform: none; font: 10pt/10pt 'times new roman', times, serif; white-space: nowrap; color: #000000; vertical-align: bottom;">
<td style="padding-bottom: 0.5pt; padding-left: 0pt; width: 271.89pt; padding-right: 0pt; padding-top: 2.25pt;">Policy acquisition costs deferred:</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td colspan="6">​</td>
<td colspan="6">​</td>
<td colspan="6">​</td>
</tr>
<tr style="text-align: right; text-transform: none; background-color: #cceeff; font: 10pt/10pt 'times new roman', times, serif; white-space: nowrap; color: #000000; vertical-align: bottom;">
<td style="text-align: left; padding-bottom: 0.5pt; padding-left: 0pt; width: 271.89pt; padding-right: 0pt; padding-top: 2.25pt;">
<div style="margin-left: 10pt;">Commissions</div>
</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="min-width: 3.75pt; text-align: right; padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 2.25pt;">​</td>
<td style="min-width: 23.25pt; text-align: right; padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 2.25pt;">90,342</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="min-width: 3.75pt; text-align: right; padding-bottom: 0.5pt; padding-left: 0pt;
padding-right: 0pt; padding-top: 2.25pt;">​</td>
<td style="min-width: 23.25pt; text-align: right; padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 2.25pt;">93,646</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="min-width: 3.75pt; text-align: right; padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 2.25pt;">​</td>
<td style="min-width: 23.25pt; text-align: right; padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 2.25pt;">63,958</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
</tr>
<tr style="text-align: right; text-transform: none; font: 10pt/10pt 'times new roman', times, serif; white-space: nowrap; color: #000000; vertical-align: bottom;">
<td style="border-bottom: #ffffff 1px solid; text-align: left; padding-bottom: 1.25pt; padding-left: 0pt; width: 271.89pt; padding-right: 0pt; padding-top: 2.25pt;">
<div style="margin-left: 10pt;">Underwriting and other issue expenses</div>
</td>
<td style="border-bottom: #ffffff 1px solid; width: 6pt; padding: 0pt;">​</td>
<td style="border-bottom: #ffffff 1px solid; width: 6pt; padding: 0pt;">​</td>
<td style="border-bottom: #ffffff 1px solid; width: 0pt; padding: 0pt;">​</td>
<td style="border-bottom: #000000 1px solid; min-width: 3.75pt; text-align: right; padding-bottom: 1.25pt; padding-left: 0pt; padding-right: 0pt; padding-top: 2.25pt;">​</td>
<td style="border-bottom: #000000 1px solid; min-width: 23.25pt; text-align: right; padding-bottom: 1.25pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 2.25pt;">7,960</td>
<td style="border-bottom: #ffffff 1px solid; width: 0pt; padding: 0pt;">​</td>
<td style="border-bottom: #ffffff 1px solid; width: 6pt; padding: 0pt;">​</td>
<td style="border-bottom: #ffffff 1px solid; width: 6pt; padding: 0pt;">​</td>
<td style="border-bottom: #ffffff 1px solid; width: 0pt; padding: 0pt;">​</td>
<td style="border-bottom: #000000 1px solid; min-width: 3.75pt; text-align: right; padding-bottom: 1.25pt; padding-left: 0pt; padding-right: 0pt; padding-top: 2.25pt;">​</td>
<td style="border-bottom: #000000 1px solid; min-width: 23.25pt; text-align: right; padding-bottom: 1.25pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 2.25pt;">5,535</td>
<td style="border-bottom: #ffffff 1px solid; width: 0pt; padding: 0pt;">​</td>
<td style="border-bottom: #ffffff 1px solid; width: 6pt; padding: 0pt;">​</td>
<td style="border-bottom: #ffffff 1px solid; width: 6pt; padding: 0pt;">​</td>
<td style="border-bottom: #ffffff 1px solid; width: 0pt; padding: 0pt;">​</td>
<td style="border-bottom: #000000 1px solid; min-width: 3.75pt; text-align: right; padding-bottom: 1.25pt; padding-left: 0pt; padding-right: 0pt; padding-top: 2.25pt;">​</td>
<td style="border-bottom: #000000 1px solid; min-width: 23.25pt; text-align: right; padding-bottom: 1.25pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 2.25pt;">4,558</td>
<td style="border-bottom: #ffffff 1px solid; width: 0pt; padding: 0pt;">​</td>
<td style="border-bottom: #ffffff 1px solid; width: 0pt; padding: 0pt;">​</td>
</tr>
<tr style="text-align: right; text-transform: none; background-color: #cceeff; font: 10pt/10pt 'times new roman', times, serif; white-space: nowrap; color: #000000; vertical-align: bottom;">
<td style="text-align: left; padding-bottom: 0.5pt; padding-left: 0pt; width: 271.89pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="min-width: 3.75pt; text-align: right; padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 2pt;">​</td>
<td style="min-width: 23.25pt; text-align: right; padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 2pt;">98,302</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="min-width: 3.75pt; text-align: right; padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 2pt;">​</td>
<td style="min-width: 23.25pt; text-align: right; padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 2pt;">99,181</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="min-width: 3.75pt; text-align: right; padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 2pt;">​</td>
<td style="min-width: 23.25pt; text-align: right; padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 2pt;">68,516</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
</tr>
<tr style="text-align: right; text-transform: none; font: 10pt/10pt 'times new roman', times, serif; white-space: nowrap; color: #000000; vertical-align: bottom;">
<td style="border-bottom: #ffffff 1px solid; text-align: left; padding-bottom: 1.25pt; padding-left: 0pt; width: 271.89pt; padding-right: 0pt; padding-top: 2.25pt;">
<div style="white-space: nowrap;">Amortization of policy acquisition costs</div>
</td>
<td style="border-bottom: #ffffff 1px solid; width: 6pt; padding: 0pt;">​</td>
<td style="border-bottom: #ffffff 1px solid; width: 6pt; padding: 0pt;">​</td>
<td style="border-bottom: #ffffff 1px solid; width: 0pt; padding: 0pt;">​</td>
<td style="border-bottom: #000000 1px solid; min-width: 3.75pt; text-align: right; padding-bottom: 1.25pt; padding-left: 0pt; padding-right: 0pt; padding-top: 2.25pt;">​</td>
<td style="border-bottom: #000000 1px solid; min-width: 23.25pt; text-align: right; padding-bottom: 1.25pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 2.25pt;">(97,750<font style="position: absolute;">)</font></td>
<td style="border-bottom: #ffffff 1px solid; width: 0pt; padding: 0pt;">​</td>
<td style="border-bottom: #ffffff 1px solid; width: 6pt; padding: 0pt;">​</td>
<td style="border-bottom: #ffffff 1px solid; width: 6pt; padding: 0pt;">​</td>
<td style="border-bottom: #ffffff 1px solid; width: 0pt; padding: 0pt;">​</td>
<td style="border-bottom: #000000 1px solid; min-width: 3.75pt; text-align: right; padding-bottom: 1.25pt; padding-left:
0pt; padding-right: 0pt; padding-top: 2.25pt;">​</td>
<td style="border-bottom: #000000 1px solid; min-width: 23.25pt; text-align: right; padding-bottom: 1.25pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 2.25pt;">(85,183<font style="position: absolute;">)</font></td>
<td style="border-bottom: #ffffff 1px solid; width: 0pt; padding: 0pt;">​</td>
<td style="border-bottom: #ffffff 1px solid; width: 6pt; padding: 0pt;">​</td>
<td style="border-bottom: #ffffff 1px solid; width: 6pt; padding: 0pt;">​</td>
<td style="border-bottom: #ffffff 1px solid; width: 0pt; padding: 0pt;">​</td>
<td style="border-bottom: #000000 1px solid; min-width: 3.75pt; text-align: right; padding-bottom: 1.25pt; padding-left: 0pt; padding-right: 0pt; padding-top: 2.25pt;">​</td>
<td style="border-bottom: #000000 1px solid; min-width: 23.25pt; text-align: right; padding-bottom: 1.25pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 2.25pt;">(71,648<font style="position: absolute;">)</font></td>
<td style="border-bottom: #ffffff 1px solid; width: 0pt; padding: 0pt;">​</td>
<td style="border-bottom: #ffffff 1px solid; width: 0pt; padding: 0pt;">​</td>
</tr>
<tr style="text-align: right; text-transform: none; background-color: #cceeff; font: 10pt/10pt 'times new roman', times, serif; white-space: nowrap; color: #000000; vertical-align: bottom;">
<td style="border-bottom: #cceeff 1px solid; text-align: left; padding-bottom: 1.25pt; padding-left: 0pt; width: 271.89pt; padding-right: 0pt; padding-top: 2pt;">
<div style="white-space: nowrap;">Net change</div>
</td>
<td style="border-bottom: #cceeff 1px solid; width: 6pt; padding: 0pt;">​</td>
<td style="border-bottom: #cceeff 1px solid; width: 6pt; padding: 0pt;">​</td>
<td style="border-bottom: #cceeff 1px solid; width: 0pt; padding: 0pt;">​</td>
<td style="border-bottom: #000000 1px solid; min-width: 3.75pt; text-align: right; padding-bottom: 1.25pt; padding-left: 0pt; padding-right: 0pt; padding-top: 2pt;">​</td>
<td style="border-bottom: #000000 1px solid; min-width: 23.25pt; text-align: right; padding-bottom: 1.25pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 2pt;">552</td>
<td style="border-bottom: #cceeff 1px solid; width: 0pt; padding: 0pt;">​</td>
<td style="border-bottom: #cceeff 1px solid; width: 6pt; padding: 0pt;">​</td>
<td style="border-bottom: #cceeff 1px solid; width: 6pt; padding: 0pt;">​</td>
<td style="border-bottom: #cceeff 1px solid; width: 0pt; padding: 0pt;">​</td>
<td style="border-bottom: #000000 1px solid; min-width: 3.75pt; text-align: right; padding-bottom: 1.25pt; padding-left: 0pt; padding-right: 0pt; padding-top: 2pt;">​</td>
<td style="border-bottom: #000000 1px solid; min-width: 23.25pt; text-align: right; padding-bottom: 1.25pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 2pt;">13,998</td>
<td style="border-bottom: #cceeff 1px solid; width: 0pt; padding: 0pt;">​</td>
<td style="border-bottom: #cceeff 1px solid; width: 6pt; padding: 0pt;">​</td>
<td style="border-bottom: #cceeff 1px solid; width: 6pt; padding: 0pt;">​</td>
<td style="border-bottom: #cceeff 1px solid; width: 0pt; padding: 0pt;">​</td>
<td style="border-bottom: #000000 1px solid; min-width: 3.75pt; text-align: right; padding-bottom: 1.25pt; padding-left: 0pt; padding-right: 0pt; padding-top: 2pt;">​</td>
<td style="border-bottom: #000000 1px solid; min-width: 23.25pt; text-align: right; padding-bottom: 1.25pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 2pt;">(3,132<font style="position: absolute;">)</font></td>
<td style="border-bottom: #cceeff 1px solid; width: 0pt; padding: 0pt;">​</td>
<td style="border-bottom: #cceeff 1px solid; width: 0pt; padding: 0pt;">​</td>
</tr>
<tr style="text-align: right; text-transform: none; font: 10pt/10pt 'times new roman', times, serif; white-space: nowrap; color: #000000; vertical-align: bottom;">
<td style="text-align: left; padding-bottom: 2.75pt; padding-left: 0pt; width: 271.89pt; padding-right: 0pt; padding-top: 2pt;">
<div style="white-space: nowrap;">Balance at end of period</div>
</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="border-bottom: #000000 3px double; min-width: 3.75pt; text-align: right; padding-bottom: 2pt; padding-left: 0pt; padding-right: 0pt; padding-top: 2pt;">$</td>
<td style="border-bottom: #000000 3px double; min-width: 23.25pt; text-align: right; padding-bottom: 2pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 2pt;">60,754</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="border-bottom: #000000 3px double; min-width: 3.75pt; text-align: right; padding-bottom: 2pt; padding-left: 0pt; padding-right: 0pt; padding-top: 2pt;">$</td>
<td style="border-bottom: #000000 3px double; min-width: 23.25pt; text-align: right; padding-bottom: 2pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 2pt;">60,202</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="border-bottom: #000000 3px double; min-width: 3.75pt; text-align: right; padding-bottom: 2pt; padding-left: 0pt; padding-right: 0pt; padding-top: 2pt;">$</td>
<td style="border-bottom: #000000 3px double; min-width: 23.25pt; text-align: right; padding-bottom: 2pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 2pt;">46,204</td>
</tr>
</table>
<table align="center" style="widows: 1; text-transform: none; text-indent: 0px; width: 100%; border-collapse: collapse; font: 13px 'times new roman', times, serif; white-space: normal; letter-spacing: normal; height: 138px; color: #000000; word-spacing: 0px; -webkit-text-stroke-width: 0px;" border="0">
<tr style="text-align: left; text-transform: none; font: bold 8pt/8pt 'times new roman', times, serif; white-space: nowrap; color: #000000; vertical-align: bottom;">
<td style="border-bottom: #ffffff 1px solid; padding-bottom: 0.5pt; padding-left: 0pt; width: 319.93pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="border-bottom: #ffffff 1px solid; width: 6pt; padding: 0pt;">​</td>
<td style="border-bottom: #ffffff 1px solid; width: 6pt; padding: 0pt;">​</td>
<td style="border-bottom: #000000 1px solid; text-align: center; padding-bottom: 2.5pt; padding-left: 0pt; width: 0pt; padding-right: 0pt; padding-top: 0pt;" colspan="10">
<div style="text-align: center; white-space: nowrap;">December 31,</div>
</td>
<td style="border-bottom: #ffffff 1px solid; width: 0pt; padding: 0pt;">​</td>
</tr>
<tr style="text-align: center; text-transform: none; font: bold 8pt/8pt 'times new roman', times, serif; white-space: nowrap; color: #000000; vertical-align: bottom;">
<td style="border-bottom: #ffffff 1px solid; text-align: left; padding-bottom: 0.5pt; padding-left: 0pt; width: 319.93pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="border-bottom: #ffffff 1px solid; width: 6pt; padding: 0pt;">​</td>
<td style="border-bottom: #ffffff 1px solid; width: 6pt; padding: 0pt;">​</td>
<td style="border-bottom: #000000 1px solid; padding-bottom: 2.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.25pt;" colspan="4">
<div style="text-align: center; white-space: nowrap;">2015</div>
</td>
<td style="border-bottom: #ffffff 1px solid; width: 6pt; padding: 0pt;">​</td>
<td style="border-bottom: #ffffff 1px solid; width: 6pt; padding: 0pt;">​</td>
<td style="border-bottom: #000000 1px solid; padding-bottom: 2.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.25pt;" colspan="4">
<div style="text-align: center; white-space: nowrap;">2014</div>
</td>
<td style="border-bottom: #ffffff 1px solid; width: 0pt; padding: 0pt;">​</td>
</tr>
<tr style="text-align: left; text-transform: none; font: bold italic 8pt/8pt 'times new roman', times, serif; white-space: nowrap; color: #000000; vertical-align: bottom;">
<td style="padding-bottom: 0.5pt; padding-left: 0pt; width: 319.93pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="text-align: center; padding-bottom: 0.5pt; padding-left: 0pt; width: 0pt; padding-right: 0pt; padding-top: 3.25pt;" colspan="10">
<div style="text-align: center; white-space: nowrap;">(in thousands)</div>
</td>
<td style="width: 0pt; padding: 0pt;">​</td>
</tr>
<tr style="text-align: right; text-transform: none; background-color: #cceeff; font: 10pt/12pt 'times new roman', times, serif; white-space: nowrap; color: #000000; vertical-align: bottom;">
<td style="text-align: left; padding-bottom: 0.833pt; padding-left: 0pt; width: 319.93pt; padding-right: 0pt; white-space: normal; padding-top: 2.167pt;">
<div style="text-indent: -10pt; margin-left: 10pt;">Building, leased for which the Company has been deemed the owner for accounting purposes (Note 22)</div>
</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="min-width: 3.75pt; text-align: right; padding-bottom: 0.833pt; padding-left: 0pt; padding-right: 0pt; padding-top: 2.167pt;">$</td>
<td style="min-width: 23.25pt; text-align: right; padding-bottom: 0.833pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 2.167pt;">29,940</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="min-width: 3.75pt; text-align: right; padding-bottom: 0.833pt; padding-left: 0pt; padding-right: 0pt; padding-top: 2.167pt;">$</td>
<td style="min-width: 23.25pt; text-align: right; padding-bottom: 0.833pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 2.167pt;">29,917</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
</tr>
<tr style="text-align: right; text-transform: none; font: 10pt/10pt 'times new roman', times, serif; white-space: nowrap; color: #000000; vertical-align: bottom;">
<td style="text-align: left; padding-bottom: 1.5pt; padding-left: 0pt; width: 319.93pt; padding-right: 0pt; padding-top: 3.5pt;">
<div style="white-space: nowrap;">Electronic data processing hardware and software</div>
</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="min-width: 3.75pt; text-align: right; padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.5pt;">​</td>
<td style="min-width: 23.25pt; text-align: right; padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3.5pt;">3,481</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="min-width: 3.75pt; text-align: right; padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.5pt;">​</td>
<td style="min-width: 23.25pt; text-align: right; padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3.5pt;">3,353</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
</tr>
<tr style="text-align: right; text-transform: none; background-color: #cceeff; font: 10pt/10pt 'times new roman', times, serif; white-space: nowrap; color: #000000; vertical-align: bottom;">
<td style="border-bottom: #cceeff 1px solid; text-align: left; padding-bottom: 2.5pt; padding-left: 0pt; width: 319.93pt; padding-right: 0pt; padding-top: 3.5pt;">
<div style="white-space: nowrap;">Furniture and equipment</div>
</td>
<td style="border-bottom: #cceeff 1px solid; width: 6pt; padding: 0pt;">​</td>
<td style="border-bottom: #cceeff 1px solid; width: 6pt; padding: 0pt;">​</td>
<td style="border-bottom: #cceeff 1px solid; width: 0pt; padding: 0pt;">​</td>
<td style="border-bottom: #000000 1px solid; min-width: 3.75pt; text-align: right; padding-bottom: 2.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.5pt;">​</td>
<td style="border-bottom: #000000 1px solid;
min-width: 23.25pt; text-align: right; padding-bottom: 2.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3.5pt;">2,183</td>
<td style="border-bottom: #cceeff 1px solid; width: 0pt; padding: 0pt;">​</td>
<td style="border-bottom: #cceeff 1px solid; width: 6pt; padding: 0pt;">​</td>
<td style="border-bottom: #cceeff 1px solid; width: 6pt; padding: 0pt;">​</td>
<td style="border-bottom: #cceeff 1px solid; width: 0pt; padding: 0pt;">​</td>
<td style="border-bottom: #000000 1px solid; min-width: 3.75pt; text-align: right; padding-bottom: 2.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.5pt;">​</td>
<td style="border-bottom: #000000 1px solid; min-width: 23.25pt; text-align: right; padding-bottom: 2.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3.5pt;">1,893</td>
<td style="border-bottom: #cceeff 1px solid; width: 0pt; padding: 0pt;">​</td>
<td style="border-bottom: #cceeff 1px solid; width: 0pt; padding: 0pt;">​</td>
</tr>
<tr style="text-align: right; text-transform: none; font: 10pt/10pt 'times new roman', times, serif; white-space: nowrap; color: #000000; vertical-align: bottom;">
<td style="text-align: left; padding-bottom: 1.5pt; padding-left: 0pt; width: 319.93pt; padding-right: 0pt; padding-top: 3.25pt;">
<div style="white-space: nowrap;">Property and equipment, cost basis</div>
</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="min-width: 3.75pt; text-align: right; padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.25pt;">​</td>
<td style="min-width: 23.25pt; text-align: right; padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3.25pt;">35,604</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="min-width: 3.75pt; text-align: right; padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.25pt;">​</td>
<td style="min-width: 23.25pt; text-align: right; padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3.25pt;">35,163</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
</tr>
<tr style="text-align: right; text-transform: none; background-color: #cceeff; font: 10pt/10pt 'times new roman', times, serif; white-space: nowrap; color: #000000; vertical-align: bottom;">
<td style="border-bottom: #cceeff 1px solid; text-align: left; padding-bottom: 2.5pt; padding-left: 0pt; width: 319.93pt; padding-right: 0pt; padding-top: 3.5pt;">
<div style="white-space: nowrap;">Accumulated depreciation</div>
</td>
<td style="border-bottom: #cceeff 1px solid; width: 6pt; padding: 0pt;">​</td>
<td style="border-bottom: #cceeff 1px solid; width: 6pt; padding: 0pt;">​</td>
<td style="border-bottom: #cceeff 1px solid; width: 0pt; padding: 0pt;">​</td>
<td style="border-bottom: #000000 1px solid; min-width: 3.75pt; text-align: right; padding-bottom: 2.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.5pt;">​</td>
<td style="border-bottom: #000000 1px solid; min-width: 23.25pt; text-align: right; padding-bottom: 2.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3.5pt;">(11,615<font style="position: absolute;">)</font></td>
<td style="border-bottom: #cceeff 1px solid; width: 0pt; padding: 0pt;">​</td>
<td style="border-bottom: #cceeff 1px solid; width: 6pt; padding: 0pt;">​</td>
<td style="border-bottom: #cceeff 1px solid; width: 6pt; padding: 0pt;">​</td>
<td style="border-bottom: #cceeff 1px solid; width: 0pt; padding: 0pt;">​</td>
<td style="border-bottom: #000000 1px solid; min-width: 3.75pt; text-align: right; padding-bottom: 2.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.5pt;">​</td>
<td style="border-bottom: #000000 1px solid; min-width: 23.25pt; text-align: right; padding-bottom: 2.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3.5pt;">(10,186<font style="position: absolute;">)</font></td>
<td style="border-bottom: #cceeff 1px solid; width: 0pt; padding: 0pt;">​</td>
<td style="border-bottom: #cceeff 1px solid; width: 0pt; padding: 0pt;">​</td>
</tr>
<tr style="text-align: right; text-transform: none; font: 10pt/10pt 'times new roman', times, serif; white-space: nowrap; color: #000000; vertical-align: bottom;">
<td style="text-align: left; padding-bottom: 2.75pt; padding-left: 0pt; width: 319.93pt; padding-right: 0pt; padding-top: 3.25pt;">
<div style="white-space: nowrap;">Property and equipment, net</div>
</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="border-bottom: #000000 3px double; min-width: 3.75pt; text-align: right; padding-bottom: 2pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.25pt;">$</td>
<td style="border-bottom: #000000 3px double; min-width: 23.25pt; text-align: right; padding-bottom: 2pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3.25pt;">23,989</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="border-bottom: #000000 3px double; min-width: 3.75pt; text-align: right; padding-bottom: 2pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.25pt;">$</td>
<td style="border-bottom: #000000 3px double; min-width: 23.25pt; text-align: right; padding-bottom: 2pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3.25pt;">24,977</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
</tr>
<tr style="line-height: 4pt; height: 4pt;">
<td style="line-height: 0pt; font-size: 0pt; padding: 0pt;" colspan="16">​</td>
</tr>
</table>
<table style="widows: 1; text-transform: none; margin-top: 2pt; text-indent: 0px; width: 50%; border-collapse: collapse; font: 13px 'times new roman', times, serif; white-space: normal; letter-spacing: normal; height: 191px; color: #000000; word-spacing: 0px; -webkit-text-stroke-width: 0px;" border="0">
<tr style="text-align: center; text-transform: none; font: bold 8pt/9pt 'times new roman', times, serif; white-space: nowrap; color: #000000; vertical-align: bottom;">
<td style="border-bottom: #ffffff 1px solid; text-align: left; padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="border-bottom: #ffffff 1px solid; padding: 0pt;">​</td>
<td style="border-bottom: #ffffff 1px solid; padding: 0pt;">​</td>
<td style="border-bottom: #000000 1px solid; padding-bottom: 1.167pt; padding-left: 0pt; padding-right: 0pt; padding-top: 0pt;" colspan="4">
<div style="text-align: center;">December 31, <br />2014 <br />Net Carrying <br />Value</div>
</td>
<td style="border-bottom: #ffffff 1px solid; padding: 0pt;">​</td>
<td style="border-bottom: #ffffff 1px solid; padding: 0pt;">​</td>
<td style="border-bottom: #000000 1px solid; padding-bottom: 1.167pt; padding-left: 0pt; padding-right: 0pt; padding-top: 0pt;" colspan="4">
<div style="text-align: center; white-space: nowrap;">Amortization</div>
</td>
<td style="border-bottom: #ffffff 1px solid; padding: 0pt;">​</td>
<td style="border-bottom: #ffffff 1px solid; padding: 0pt;">​</td>
<td style="border-bottom: #000000 1px solid; padding-bottom: 1.167pt; padding-left: 0pt; padding-right: 0pt; padding-top: 0pt;" colspan="4">
<div style="text-align: center;">Impairment <br />Losses</div>
</td>
<td style="border-bottom: #ffffff 1px solid; padding: 0pt;">​</td>
<td style="border-bottom: #ffffff 1px solid; padding: 0pt;">​</td>
<td style="border-bottom: #000000 1px solid; padding-bottom: 1.167pt; padding-left: 0pt; padding-right: 0pt; padding-top: 0pt;" colspan="4">
<div style="text-align: center;">December 31, <br />2015 <br />Net Carrying <br />Value</div>
</td>
<td style="border-bottom: #ffffff 1px solid; padding: 0pt;">​</td>
</tr>
<tr style="text-align: left; text-transform: none; font: bold italic 8pt/8pt 'times new roman', times, serif; white-space: nowrap; color: #000000; vertical-align: bottom;">
<td style="padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="text-align: center; padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 2.25pt;" colspan="22">
<div style="text-align: center; white-space: nowrap;">(in thousands)</div>
</td>
<td style="padding: 0pt;">​</td>
</tr>
<tr style="text-align: left; text-transform: none; background-color: #cceeff; font: 10pt/10pt 'times new roman', times, serif; white-space: nowrap; color: #000000; vertical-align: bottom;">
<td style="padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 2.5pt;">Excess and Surplus Lines</td>
<td style="padding: 0pt;">​</td>
<td colspan="6">​</td>
<td colspan="6">​</td>
<td colspan="6">​</td>
<td colspan="6">​</td>
</tr>
<tr style="text-align: right; text-transform: none; font: 10pt/10pt 'times new roman', times, serif; white-space: nowrap; color: #000000; vertical-align: bottom;">
<td style="text-align: left; padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 2.5pt;">
<div style="white-space: nowrap;">Trademarks</div>
</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding-bottom: 0pt; padding-left: 6.44pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 2.5pt;">$</td>
<td style="padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 2.5pt;">19,700</td>
<td style="padding-bottom: 0pt; padding-left: 6.44pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding-bottom: 0pt; padding-left: 10.415pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 2.5pt;">$</td>
<td style="padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 2.5pt;">—</td>
<td style="padding-bottom: 0pt; padding-left: 10.415pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding-bottom: 0pt; padding-left: 9.47pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 2.5pt;">$</td>
<td style="padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 2.5pt;"> —</td>
<td style="padding-bottom: 0pt; padding-left: 9.47pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding-bottom: 0pt; padding-left: 6.44pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 2.5pt;">$</td>
<td style="padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 2.5pt;">19,700</td>
<td style="padding-bottom: 0pt; padding-left: 6.44pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
</tr>
<tr style="text-align: right; text-transform: none; background-color: #cceeff; font: 10pt/10pt 'times new roman', times, serif; white-space: nowrap; color: #000000; vertical-align: bottom;">
<td style="text-align: left; padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 2.5pt;">
<div style="white-space: nowrap;">Insurance licenses and authorities</div>
</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding-bottom: 0pt; padding-left: 6.44pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 2.5pt;">​</td>
<td style="padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 2.5pt;">4,900</td>
<td style="padding-bottom: 0pt; padding-left: 6.44pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding-bottom: 0pt; padding-left: 10.415pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 2.5pt;">​</td>
<td style="padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 2.5pt;">—</td>
<td style="padding-bottom: 0pt; padding-left: 10.415pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding-bottom: 0pt; padding-left: 9.47pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 2.5pt;">​</td>
<td style="padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 2.5pt;">—</td>
<td style="padding-bottom: 0pt; padding-left: 9.47pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding-bottom: 0pt; padding-left: 6.44pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 2.5pt;">​</td>
<td style="padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 2.5pt;">4,900</td>
<td style="padding-bottom: 0pt; padding-left: 6.44pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
</tr>
<tr style="text-align: right; text-transform: none; font: 10pt/10pt 'times new roman', times, serif; white-space: nowrap; color: #000000; vertical-align: bottom;">
<td style="border-bottom: #ffffff 1px solid; text-align: left; padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 2.5pt;">
<div style="white-space: nowrap;">Broker relationships</div>
</td>
<td style="border-bottom: #ffffff 1px solid; padding: 0pt;">​</td>
<td style="border-bottom: #ffffff 1px solid; padding: 0pt;">​</td>
<td style="border-bottom: #ffffff 1px solid; padding-bottom: 0pt; padding-left: 6.44pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="border-bottom: #000000 1px solid; padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 2.5pt;">​</td>
<td style="border-bottom: #000000 1px solid; padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 2.5pt;">7,413</td>
<td style="border-bottom: #ffffff 1px solid; padding-bottom: 0pt; padding-left: 6.44pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="border-bottom: #ffffff 1px solid; padding: 0pt;">​</td>
<td style="border-bottom: #ffffff 1px solid; padding: 0pt;">​</td>
<td style="border-bottom: #ffffff 1px solid; padding-bottom: 0pt; padding-left: 10.415pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="border-bottom: #000000 1px solid; padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 2.5pt;">​</td>
<td style="border-bottom: #000000 1px solid; padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 2.5pt;">(362<font style="position: absolute;">)</font></td>
<td style="border-bottom: #ffffff 1px solid; padding-bottom: 0pt; padding-left: 10.415pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="border-bottom: #ffffff 1px solid; padding: 0pt;">​</td>
<td style="border-bottom: #ffffff 1px solid; padding: 0pt;">​</td>
<td style="border-bottom: #ffffff 1px solid; padding-bottom: 0pt; padding-left: 9.47pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="border-bottom: #000000 1px solid; padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 2.5pt;">​</td>
<td style="border-bottom: #000000 1px solid; padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 2.5pt;">—</td>
<td style="border-bottom: #ffffff 1px solid; padding-bottom: 0pt; padding-left: 9.47pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="border-bottom: #ffffff 1px solid; padding: 0pt;">​</td>
<td style="border-bottom: #ffffff 1px solid; padding: 0pt;">​</td>
<td style="border-bottom: #ffffff 1px solid; padding-bottom: 0pt; padding-left: 6.44pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="border-bottom: #000000 1px solid; padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 2.5pt;">​</td>
<td style="border-bottom: #000000 1px solid; padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 2.5pt;">7,051</td>
<td style="border-bottom: #ffffff 1px solid; padding-bottom: 0pt; padding-left: 6.44pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="border-bottom: #ffffff 1px solid; padding: 0pt;">​</td>
</tr>
<tr style="text-align: right; text-transform: none; background-color: #cceeff; font: 10pt/10pt 'times new roman', times, serif; white-space: nowrap; color: #000000; vertical-align: bottom;">
<td style="text-align: left; padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding-bottom: 0pt; padding-left: 6.44pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 2.25pt;">​</td>
<td style="padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 2.25pt;">32,013</td>
<td style="padding-bottom: 0pt; padding-left: 6.44pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding-bottom: 0pt; padding-left: 10.415pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 2.25pt;">​</td>
<td style="padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 2.25pt;">(362<font style="position: absolute;">)</font></td>
<td style="padding-bottom: 0pt; padding-left: 10.415pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding-bottom: 0pt; padding-left: 9.47pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 2.25pt;">​</td>
<td style="padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 2.25pt;">—</td>
<td style="padding-bottom: 0pt; padding-left: 9.47pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding-bottom: 0pt; padding-left: 6.44pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 2.25pt;">​</td>
<td style="padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 2.25pt;">31,651</td>
<td style="padding-bottom: 0pt; padding-left: 6.44pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
</tr>
<tr style="text-align: left; text-transform: none; font: 10pt/10pt 'times new roman', times, serif; white-space: nowrap; color: #000000; vertical-align: bottom;">
<td style="padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 2.5pt;">Specialty Admitted Insurance</td>
<td style="padding: 0pt;">​</td>
<td colspan="6">​</td>
<td colspan="6">​</td>
<td colspan="6">​</td>
<td colspan="6">​</td>
</tr>
<tr style="text-align: right; text-transform: none; background-color: #cceeff; font: 10pt/10pt 'times new roman', times, serif; white-space: nowrap; color: #000000; vertical-align: bottom;">
<td style="text-align: left; padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 2.5pt;">
<div style="white-space: nowrap;">Trademarks</div>
</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding-bottom: 0pt; padding-left: 6.44pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 2.5pt;">​</td>
<td style="padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 2.5pt;">2,500</td>
<td style="padding-bottom: 0pt; padding-left: 6.44pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding-bottom: 0pt; padding-left: 10.415pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 2.5pt;">​</td>
<td style="padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 2.5pt;">—</td>
<td style="padding-bottom: 0pt; padding-left: 10.415pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding-bottom: 0pt; padding-left: 9.47pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 2.5pt;">​</td>
<td style="padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 2.5pt;">—</td>
<td style="padding-bottom: 0pt; padding-left: 9.47pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding-bottom: 0pt; padding-left: 6.44pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 2.5pt;">​</td>
<td style="padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 2.5pt;">2,500</td>
<td style="padding-bottom: 0pt; padding-left: 6.44pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
</tr>
<tr style="text-align: right; text-transform: none; font: 10pt/10pt 'times new roman', times, serif; white-space: nowrap; color: #000000; vertical-align: bottom;">
<td style="text-align: left; padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 2.5pt;">
<div style="white-space: nowrap;">Insurance licenses and authorities</div>
</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding-bottom: 0pt; padding-left: 6.44pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 2.5pt;">​</td>
<td style="padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 2.5pt;">4,265</td>
<td style="padding-bottom: 0pt; padding-left: 6.44pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding-bottom: 0pt; padding-left: 10.415pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 2.5pt;">​</td>
<td style="padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 2.5pt;">—</td>
<td style="padding-bottom: 0pt; padding-left: 10.415pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding-bottom: 0pt; padding-left: 9.47pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 2.5pt;">​</td>
<td style="padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 2.5pt;">—</td>
<td style="padding-bottom: 0pt; padding-left: 9.47pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding-bottom: 0pt; padding-left: 6.44pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 2.5pt;">​</td>
<td style="padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 2.5pt;">4,265</td>
<td style="padding-bottom: 0pt; padding-left: 6.44pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
</tr>
<tr style="text-align: right; text-transform: none; background-color: #cceeff; font: 10pt/10pt 'times new roman', times, serif; white-space: nowrap; color: #000000; vertical-align: bottom;">
<td style="border-bottom: #cceeff 1px solid; text-align: left; padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 2.5pt;">
<div style="white-space: nowrap;">Broker relationships</div>
</td>
<td style="border-bottom: #cceeff 1px solid; padding: 0pt;">​</td>
<td style="border-bottom: #cceeff 1px solid; padding: 0pt;">​</td>
<td style="border-bottom: #cceeff 1px solid; padding-bottom: 0pt; padding-left: 6.44pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="border-bottom: #000000 1px solid; padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 2.5pt;">​</td>
<td style="border-bottom: #000000 1px solid; padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 2.5pt;">1,347</td>
<td style="border-bottom: #cceeff 1px solid; padding-bottom: 0pt; padding-left: 6.44pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="border-bottom: #cceeff 1px solid; padding: 0pt;">​</td>
<td style="border-bottom: #cceeff 1px solid; padding: 0pt;">​</td>
<td style="border-bottom: #cceeff 1px solid; padding-bottom: 0pt; padding-left: 10.415pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="border-bottom: #000000 1px solid; padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 2.5pt;">​</td>
<td style="border-bottom: #000000 1px solid; padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 2.5pt;">(235<font style="position: absolute;">)</font></td>
<td style="border-bottom: #cceeff 1px solid; padding-bottom: 0pt; padding-left: 10.415pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="border-bottom: #cceeff 1px solid; padding: 0pt;">​</td>
<td style="border-bottom: #cceeff 1px solid; padding: 0pt;">​</td>
<td style="border-bottom: #cceeff 1px solid; padding-bottom: 0pt; padding-left: 9.47pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="border-bottom: #000000 1px solid; padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 2.5pt;">​</td>
<td style="border-bottom: #000000 1px solid; padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 2.5pt;">—</td>
<td style="border-bottom: #cceeff 1px solid; padding-bottom: 0pt; padding-left: 9.47pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="border-bottom: #cceeff 1px solid; padding: 0pt;">​</td>
<td style="border-bottom: #cceeff 1px solid; padding: 0pt;">​</td>
<td style="border-bottom: #cceeff 1px solid; padding-bottom: 0pt; padding-left: 6.44pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="border-bottom: #000000 1px solid; padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 2.5pt;">​</td>
<td style="border-bottom: #000000 1px solid; padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 2.5pt;">1,112</td>
<td style="border-bottom: #cceeff 1px solid; padding-bottom: 0pt; padding-left: 6.44pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="border-bottom: #cceeff 1px solid; padding: 0pt;">​</td>
</tr>
<tr style="text-align: right; text-transform: none; font: 10pt/10pt 'times new roman', times, serif; white-space: nowrap; color: #000000; vertical-align: bottom;">
<td style="border-bottom: #ffffff 1px solid; text-align: left; padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="border-bottom: #ffffff 1px solid; padding: 0pt;">​</td>
<td style="border-bottom: #ffffff 1px solid; padding: 0pt;">​</td>
<td style="border-bottom: #ffffff 1px solid; padding-bottom: 0pt; padding-left: 6.44pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="border-bottom: #000000 1px solid; padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 2.25pt;">​</td>
<td style="border-bottom: #000000 1px solid; padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 2.25pt;">8,112</td>
<td style="border-bottom: #ffffff 1px solid; padding-bottom: 0pt; padding-left: 6.44pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="border-bottom: #ffffff 1px solid; padding: 0pt;">​</td>
<td style="border-bottom: #ffffff 1px solid; padding: 0pt;">​</td>
<td style="border-bottom: #ffffff 1px solid; padding-bottom: 0pt; padding-left: 10.415pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="border-bottom: #000000 1px solid; padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 2.25pt;">​</td>
<td style="border-bottom: #000000 1px solid; padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 2.25pt;">(235<font style="position: absolute;">)</font></td>
<td style="border-bottom: #ffffff 1px solid; padding-bottom: 0pt; padding-left: 10.415pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="border-bottom: #ffffff 1px solid; padding: 0pt;">​</td>
<td style="border-bottom: #ffffff 1px solid; padding: 0pt;">​</td>
<td style="border-bottom: #ffffff 1px solid; padding-bottom: 0pt; padding-left: 9.47pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="border-bottom: #000000 1px solid; padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 2.25pt;">​</td>
<td style="border-bottom: #000000 1px solid; padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 2.25pt;">—</td>
<td style="border-bottom: #ffffff 1px solid; padding-bottom: 0pt; padding-left: 9.47pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="border-bottom: #ffffff 1px solid; padding: 0pt;">​</td>
<td style="border-bottom: #ffffff 1px solid; padding: 0pt;">​</td>
<td style="border-bottom: #ffffff 1px solid; padding-bottom: 0pt; padding-left: 6.44pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="border-bottom: #000000 1px solid; padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 2.25pt;">​</td>
<td style="border-bottom: #000000 1px solid; padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 2.25pt;">7,877</td>
<td style="border-bottom: #ffffff 1px solid; padding-bottom: 0pt; padding-left: 6.44pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="border-bottom: #ffffff 1px solid; padding: 0pt;">​</td>
</tr>
<tr style="text-align: right; text-transform: none; background-color: #cceeff; font: 10pt/10pt 'times new roman', times, serif; white-space: nowrap; color: #000000; vertical-align: bottom;">
<td style="text-align: left; padding-bottom: 2.75pt; padding-left: 0pt; padding-right: 0pt; padding-top: 2.25pt;">
<div style="white-space: nowrap;">Total identifiable intangible assets</div>
</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding-bottom: 0pt; padding-left: 6.44pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="border-bottom: #000000 3px double; padding-bottom: 2pt; padding-left: 0pt; padding-right: 0pt; padding-top: 2.25pt;">$</td>
<td style="border-bottom: #000000 3px double; padding-bottom: 2pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 2.25pt;">40,125</td>
<td style="padding-bottom: 0pt; padding-left: 6.44pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding-bottom: 0pt; padding-left: 10.415pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="border-bottom: #000000 3px double; padding-bottom: 2pt; padding-left: 0pt; padding-right: 0pt; padding-top: 2.25pt;">$</td>
<td style="border-bottom: #000000 3px double; padding-bottom: 2pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 2.25pt;">(597<font style="position: absolute;">)</font></td>
<td style="padding-bottom: 0pt; padding-left: 10.415pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding-bottom: 0pt; padding-left: 9.47pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="border-bottom: #000000 3px double; padding-bottom: 2pt; padding-left: 0pt; padding-right: 0pt; padding-top: 2.25pt;">$</td>
<td style="border-bottom: #000000 3px double; padding-bottom: 2pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 2.25pt;">—</td>
<td style="padding-bottom: 0pt; padding-left: 9.47pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding-bottom: 0pt; padding-left: 6.44pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="border-bottom: #000000 3px double; padding-bottom: 2pt; padding-left: 0pt; padding-right: 0pt; padding-top: 2.25pt;">$</td>
<td style="border-bottom: #000000 3px double; padding-bottom: 2pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 2.25pt;">39,528</td>
<td style="padding-bottom: 0pt; padding-left: 6.44pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
</tr>
<tr style="line-height: 5pt; height: 5pt;">
<td style="line-height: 0pt; font-size: 0pt; padding: 0pt;" colspan="30">​</td>
</tr>
</table>
<p> </p>
<table style="widows: 1; text-transform: none; margin-top: 2pt; text-indent: 0px; width: 50%; border-collapse: collapse; font: 13px 'times new roman', times, serif; white-space: normal; letter-spacing: normal; height: 191px; color: #000000; word-spacing: 0px; -webkit-text-stroke-width: 0px;" border="0">
<tr style="text-align: center; text-transform: none; font: bold 8pt/9pt 'times new roman', times, serif; white-space: nowrap; color: #000000; vertical-align: bottom;">
<td style="border-bottom: #ffffff 1px solid; text-align: left; padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="border-bottom: #ffffff 1px solid; padding: 0pt;">​</td>
<td style="border-bottom: #ffffff 1px solid; padding: 0pt;">​</td>
<td style="border-bottom: #000000 1px solid; padding-bottom: 1.167pt; padding-left: 0pt; padding-right: 0pt; padding-top: 0pt;" colspan="4">
<div style="text-align: center;">December 31, <br />2013 <br />Net Carrying <br />Value</div>
</td>
<td style="border-bottom: #ffffff 1px solid; padding: 0pt;">​</td>
<td style="border-bottom: #ffffff 1px solid; padding: 0pt;">​</td>
<td style="border-bottom: #000000 1px solid; padding-bottom: 1.167pt; padding-left: 0pt; padding-right: 0pt; padding-top: 0pt;" colspan="4">
<div style="text-align: center; white-space: nowrap;">Amortization</div>
</td>
<td style="border-bottom: #ffffff 1px solid; padding: 0pt;">​</td>
<td style="border-bottom: #ffffff 1px solid; padding: 0pt;">​</td>
<td style="border-bottom: #000000 1px solid; padding-bottom: 1.167pt; padding-left: 0pt; padding-right: 0pt; padding-top: 0pt;" colspan="4">
<div style="text-align: center;">Impairment <br />Losses</div>
</td>
<td style="border-bottom: #ffffff 1px solid; padding: 0pt;">​</td>
<td style="border-bottom: #ffffff 1px solid; padding: 0pt;">​</td>
<td style="border-bottom: #000000 1px solid; padding-bottom: 1.167pt; padding-left: 0pt; padding-right: 0pt; padding-top: 0pt;" colspan="4">
<div style="text-align: center;">December 31, <br />2014 <br />Net Carrying <br />Value</div>
</td>
<td style="border-bottom: #ffffff 1px solid; padding: 0pt;">​</td>
</tr>
<tr style="text-align: left; text-transform: none; font: bold italic 8pt/8pt 'times new roman', times, serif; white-space: nowrap; color: #000000; vertical-align: bottom;">
<td style="padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="text-align: center; padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 2.25pt;" colspan="22">
<div style="text-align: center; white-space: nowrap;">(in thousands)</div>
</td>
<td style="padding: 0pt;">​</td>
</tr>
<tr style="text-align: left; text-transform: none; background-color: #cceeff; font: 10pt/10pt 'times new roman', times, serif; white-space: nowrap; color: #000000; vertical-align: bottom;">
<td style="padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 2.5pt;">Excess and Surplus Lines</td>
<td style="padding: 0pt;">​</td>
<td colspan="6">​</td>
<td colspan="6">​</td>
<td colspan="6">​</td>
<td colspan="6">​</td>
</tr>
<tr style="text-align: right; text-transform: none; font: 10pt/10pt 'times new roman', times, serif; white-space: nowrap; color: #000000; vertical-align: bottom;">
<td style="text-align: left; padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 2.5pt;">
<div style="white-space: nowrap;">Trademarks</div>
</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding-bottom: 0pt; padding-left: 6.44pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 2.5pt;">$</td>
<td style="padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 2.5pt;">19,700</td>
<td style="padding-bottom: 0pt; padding-left: 6.44pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding-bottom: 0pt; padding-left: 10.415pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 2.5pt;">$</td>
<td style="padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 2.5pt;">—</td>
<td style="padding-bottom: 0pt; padding-left: 10.415pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding-bottom: 0pt; padding-left: 11.97pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 2.5pt;">$</td>
<td style="padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 2.5pt;">—</td>
<td style="padding-bottom: 0pt; padding-left: 11.97pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding-bottom: 0pt; padding-left: 6.44pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 2.5pt;">$</td>
<td style="padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 2.5pt;">19,700</td>
<td style="padding-bottom: 0pt; padding-left: 6.44pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
</tr>
<tr style="text-align: right; text-transform: none; background-color: #cceeff; font: 10pt/10pt 'times new roman', times, serif; white-space: nowrap; color: #000000; vertical-align: bottom;">
<td style="text-align: left; padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 2.5pt;">
<div style="white-space: nowrap;">Insurance licenses and authorities</div>
</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding-bottom: 0pt; padding-left: 6.44pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 2.5pt;">​</td>
<td style="padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 2.5pt;">4,900</td>
<td style="padding-bottom: 0pt; padding-left: 6.44pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding-bottom: 0pt; padding-left: 10.415pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 2.5pt;">​</td>
<td style="padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 2.5pt;">—</td>
<td style="padding-bottom: 0pt; padding-left: 10.415pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding-bottom: 0pt; padding-left: 11.97pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 2.5pt;">​</td>
<td style="padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 2.5pt;">—</td>
<td style="padding-bottom: 0pt; padding-left: 11.97pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding-bottom: 0pt; padding-left: 6.44pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 2.5pt;">​</td>
<td style="padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 2.5pt;">4,900</td>
<td style="padding-bottom: 0pt; padding-left: 6.44pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
</tr>
<tr style="text-align: right; text-transform: none; font: 10pt/10pt 'times new roman', times, serif; white-space: nowrap; color: #000000; vertical-align: bottom;">
<td style="border-bottom: #ffffff 1px solid; text-align: left; padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 2.5pt;">
<div style="white-space: nowrap;">Broker relationships</div>
</td>
<td style="border-bottom: #ffffff 1px solid; padding: 0pt;">​</td>
<td style="border-bottom: #ffffff 1px solid; padding: 0pt;">​</td>
<td style="border-bottom: #ffffff 1px solid; padding-bottom: 0pt; padding-left: 6.44pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="border-bottom: #000000 1px solid; padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 2.5pt;">​</td>
<td style="border-bottom: #000000 1px solid; padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 2.5pt;">7,775</td>
<td style="border-bottom: #ffffff 1px solid; padding-bottom: 0pt; padding-left: 6.44pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="border-bottom: #ffffff 1px solid; padding: 0pt;">​</td>
<td style="border-bottom: #ffffff 1px solid; padding: 0pt;">​</td>
<td style="border-bottom: #ffffff 1px solid; padding-bottom: 0pt; padding-left: 10.415pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="border-bottom: #000000 1px solid; padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 2.5pt;">​</td>
<td style="border-bottom: #000000 1px solid; padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 2.5pt;">(362<font style="position: absolute;">)</font></td>
<td style="border-bottom: #ffffff 1px solid; padding-bottom: 0pt; padding-left: 10.415pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="border-bottom: #ffffff 1px solid; padding: 0pt;">​</td>
<td style="border-bottom: #ffffff 1px solid; padding: 0pt;">​</td>
<td style="border-bottom: #ffffff 1px solid; padding-bottom: 0pt; padding-left: 11.97pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="border-bottom: #000000 1px solid; padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 2.5pt;">​</td>
<td style="border-bottom: #000000 1px solid; padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 2.5pt;">—</td>
<td style="border-bottom: #ffffff 1px solid; padding-bottom: 0pt; padding-left: 11.97pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="border-bottom: #ffffff 1px solid; padding: 0pt;">​</td>
<td style="border-bottom: #ffffff 1px solid; padding: 0pt;">​</td>
<td style="border-bottom: #ffffff 1px solid; padding-bottom: 0pt; padding-left: 6.44pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="border-bottom: #000000 1px solid; padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 2.5pt;">​</td>
<td style="border-bottom: #000000 1px solid; padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 2.5pt;">7,413</td>
<td style="border-bottom: #ffffff 1px solid; padding-bottom: 0pt; padding-left: 6.44pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="border-bottom: #ffffff 1px solid; padding: 0pt;">​</td>
</tr>
<tr style="text-align: right; text-transform: none; background-color: #cceeff; font: 10pt/10pt 'times new roman', times, serif; white-space: nowrap; color: #000000; vertical-align: bottom;">
<td style="text-align: left; padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding-bottom: 0pt; padding-left: 6.44pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 2.25pt;">​</td>
<td style="padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 2.25pt;">32,375</td>
<td style="padding-bottom: 0pt; padding-left: 6.44pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding-bottom: 0pt; padding-left: 10.415pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 2.25pt;">​</td>
<td style="padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 2.25pt;">(362<font style="position: absolute;">)</font></td>
<td style="padding-bottom: 0pt; padding-left: 10.415pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding-bottom: 0pt; padding-left: 11.97pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 2.25pt;">​</td>
<td style="padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 2.25pt;">—</td>
<td style="padding-bottom: 0pt; padding-left: 11.97pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding-bottom: 0pt; padding-left: 6.44pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 2.25pt;">​</td>
<td style="padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 2.25pt;">32,013</td>
<td style="padding-bottom: 0pt; padding-left: 6.44pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
</tr>
<tr style="text-align: left; text-transform: none; font: 10pt/10pt 'times new roman', times, serif; white-space: nowrap; color: #000000; vertical-align: bottom;">
<td style="padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 2.5pt;">Specialty Admitted Insurance</td>
<td style="padding: 0pt;">​</td>
<td colspan="6">​</td>
<td colspan="6">​</td>
<td colspan="6">​</td>
<td colspan="6">​</td>
</tr>
<tr style="text-align: right; text-transform: none; background-color: #cceeff; font: 10pt/10pt 'times new roman', times, serif; white-space: nowrap; color: #000000; vertical-align: bottom;">
<td style="text-align: left; padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 2.5pt;">
<div style="white-space: nowrap;">Trademarks</div>
</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding-bottom: 0pt; padding-left: 6.44pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 2.5pt;">​</td>
<td style="padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 2.5pt;">2,500</td>
<td style="padding-bottom: 0pt; padding-left: 6.44pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding-bottom: 0pt; padding-left: 10.415pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 2.5pt;">​</td>
<td style="padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 2.5pt;">—</td>
<td style="padding-bottom: 0pt; padding-left: 10.415pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding-bottom: 0pt; padding-left: 11.97pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 2.5pt;">​</td>
<td style="padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 2.5pt;">—</td>
<td style="padding-bottom: 0pt; padding-left: 11.97pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding-bottom: 0pt; padding-left: 6.44pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 2.5pt;">​</td>
<td style="padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 2.5pt;">2,500</td>
<td style="padding-bottom: 0pt; padding-left: 6.44pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
</tr>
<tr style="text-align: right; text-transform: none; font: 10pt/10pt 'times new roman', times, serif; white-space: nowrap; color: #000000; vertical-align: bottom;">
<td style="text-align: left; padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 2.5pt;">
<div style="white-space: nowrap;">Insurance licenses and authorities</div>
</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding-bottom: 0pt; padding-left: 6.44pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 2.5pt;">​</td>
<td style="padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 2.5pt;">4,265</td>
<td style="padding-bottom: 0pt; padding-left: 6.44pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding-bottom: 0pt; padding-left: 10.415pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 2.5pt;">​</td>
<td style="padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 2.5pt;">—</td>
<td style="padding-bottom: 0pt; padding-left: 10.415pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding-bottom: 0pt; padding-left: 11.97pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 2.5pt;">​</td>
<td style="padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 2.5pt;">—</td>
<td style="padding-bottom: 0pt; padding-left: 11.97pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding-bottom: 0pt; padding-left: 6.44pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 2.5pt;">​</td>
<td style="padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 2.5pt;">4,265</td>
<td style="padding-bottom: 0pt; padding-left: 6.44pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
</tr>
<tr style="text-align: right; text-transform: none; background-color: #cceeff; font: 10pt/10pt 'times new roman', times, serif; white-space: nowrap; color: #000000; vertical-align: bottom;">
<td style="border-bottom: #cceeff 1px solid; text-align: left; padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 2.5pt;">
<div style="white-space: nowrap;">Broker relationships</div>
</td>
<td style="border-bottom: #cceeff 1px solid; padding: 0pt;">​</td>
<td style="border-bottom: #cceeff 1px solid; padding: 0pt;">​</td>
<td style="border-bottom: #cceeff 1px solid; padding-bottom: 0pt; padding-left: 6.44pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="border-bottom: #000000 1px solid; padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 2.5pt;">​</td>
<td style="border-bottom: #000000 1px solid; padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 2.5pt;">1,582</td>
<td style="border-bottom: #cceeff 1px solid; padding-bottom: 0pt; padding-left: 6.44pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="border-bottom: #cceeff 1px solid; padding: 0pt;">​</td>
<td style="border-bottom: #cceeff 1px solid; padding: 0pt;">​</td>
<td style="border-bottom: #cceeff 1px solid; padding-bottom: 0pt; padding-left: 10.415pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="border-bottom: #000000 1px solid; padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 2.5pt;">​</td>
<td style="border-bottom: #000000 1px solid; padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 2.5pt;">(235<font style="position: absolute;">)</font></td>
<td style="border-bottom: #cceeff 1px solid; padding-bottom: 0pt; padding-left: 10.415pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="border-bottom: #cceeff 1px solid; padding: 0pt;">​</td>
<td style="border-bottom: #cceeff 1px solid; padding: 0pt;">​</td>
<td style="border-bottom: #cceeff 1px solid; padding-bottom: 0pt; padding-left: 11.97pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="border-bottom: #000000 1px solid; padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 2.5pt;">​</td>
<td style="border-bottom: #000000 1px solid; padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 2.5pt;">—</td>
<td style="border-bottom: #cceeff 1px solid; padding-bottom: 0pt; padding-left: 11.97pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="border-bottom: #cceeff 1px solid; padding: 0pt;">​</td>
<td style="border-bottom: #cceeff 1px solid; padding: 0pt;">​</td>
<td style="border-bottom: #cceeff 1px solid; padding-bottom: 0pt; padding-left: 6.44pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="border-bottom: #000000 1px solid; padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 2.5pt;">​</td>
<td style="border-bottom: #000000 1px solid; padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 2.5pt;">1,347</td>
<td style="border-bottom: #cceeff 1px solid; padding-bottom: 0pt; padding-left: 6.44pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="border-bottom: #cceeff 1px solid; padding: 0pt;">​</td>
</tr>
<tr style="text-align: right; text-transform: none; font: 10pt/10pt 'times new roman', times, serif; white-space: nowrap; color: #000000; vertical-align: bottom;">
<td style="border-bottom: #ffffff 1px solid; text-align: left; padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="border-bottom: #ffffff 1px solid; padding: 0pt;">​</td>
<td style="border-bottom: #ffffff 1px solid; padding: 0pt;">​</td>
<td style="border-bottom: #ffffff 1px solid; padding-bottom: 0pt; padding-left: 6.44pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="border-bottom: #000000 1px solid; padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 2.25pt;">​</td>
<td style="border-bottom: #000000 1px solid; padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 2.25pt;">8,347</td>
<td style="border-bottom: #ffffff 1px solid; padding-bottom: 0pt; padding-left: 6.44pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="border-bottom: #ffffff 1px solid; padding: 0pt;">​</td>
<td style="border-bottom: #ffffff 1px solid; padding: 0pt;">​</td>
<td style="border-bottom: #ffffff 1px solid; padding-bottom: 0pt; padding-left: 10.415pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="border-bottom: #000000 1px solid; padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 2.25pt;">​</td>
<td style="border-bottom: #000000 1px solid; padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 2.25pt;">(235<font style="position: absolute;">)</font></td>
<td style="border-bottom: #ffffff 1px solid; padding-bottom: 0pt; padding-left: 10.415pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="border-bottom: #ffffff 1px solid; padding: 0pt;">​</td>
<td style="border-bottom: #ffffff 1px solid; padding: 0pt;">​</td>
<td style="border-bottom: #ffffff 1px solid; padding-bottom: 0pt; padding-left: 11.97pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="border-bottom: #000000 1px solid; padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 2.25pt;">​</td>
<td style="border-bottom: #000000 1px solid; padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 2.25pt;">—</td>
<td style="border-bottom: #ffffff 1px solid; padding-bottom: 0pt; padding-left: 11.97pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="border-bottom: #ffffff 1px solid; padding: 0pt;">​</td>
<td style="border-bottom: #ffffff 1px solid; padding: 0pt;">​</td>
<td style="border-bottom: #ffffff 1px solid; padding-bottom: 0pt; padding-left: 6.44pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="border-bottom: #000000 1px solid; padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 2.25pt;">​</td>
<td style="border-bottom: #000000 1px solid; padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 2.25pt;">8,112</td>
<td style="border-bottom: #ffffff 1px solid; padding-bottom: 0pt; padding-left: 6.44pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="border-bottom: #ffffff 1px solid; padding: 0pt;">​</td>
</tr>
<tr style="text-align: right; text-transform: none; background-color: #cceeff; font: 10pt/10pt 'times new roman', times, serif; white-space: nowrap; color: #000000; vertical-align: bottom;">
<td style="text-align: left; padding-bottom: 2.75pt; padding-left: 0pt; padding-right: 0pt; padding-top: 2.25pt;">
<div style="white-space: nowrap;">Total identifiable intangible assets</div>
</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding-bottom: 0pt; padding-left: 6.44pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="border-bottom: #000000 3px double; padding-bottom: 2pt; padding-left: 0pt; padding-right: 0pt; padding-top: 2.25pt;">$</td>
<td style="border-bottom: #000000 3px double; padding-bottom: 2pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 2.25pt;">40,722</td>
<td style="padding-bottom: 0pt; padding-left: 6.44pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding-bottom: 0pt; padding-left: 10.415pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="border-bottom: #000000 3px double; padding-bottom: 2pt; padding-left: 0pt; padding-right: 0pt; padding-top: 2.25pt;">$</td>
<td style="border-bottom: #000000 3px double; padding-bottom: 2pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 2.25pt;">(597<font style="position: absolute;">)</font></td>
<td style="padding-bottom: 0pt; padding-left: 10.415pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding-bottom: 0pt; padding-left: 11.97pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="border-bottom: #000000 3px double; padding-bottom: 2pt; padding-left: 0pt; padding-right: 0pt; padding-top: 2.25pt;">$</td>
<td style="border-bottom: #000000 3px double; padding-bottom: 2pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 2.25pt;">—</td>
<td style="padding-bottom: 0pt; padding-left: 11.97pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding-bottom: 0pt; padding-left: 6.44pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="border-bottom: #000000 3px double; padding-bottom: 2pt; padding-left: 0pt; padding-right: 0pt; padding-top: 2.25pt;">$</td>
<td style="border-bottom: #000000 3px double; padding-bottom: 2pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 2.25pt;">40,125</td>
<td style="padding-bottom: 0pt; padding-left: 6.44pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
</tr>
<tr style="line-height: 5pt; height: 5pt;">
<td style="line-height: 0pt; font-size: 0pt; padding: 0pt;" colspan="30">​</td>
</tr>
</table>
<div> </div>
<table align="center" style="widows: 1; text-transform: none; text-indent: 0px; width: 100%; border-collapse: collapse; font: 13px 'times new roman', times, serif; white-space: normal; letter-spacing: normal; height: 82px; color: #000000; word-spacing: 0px; -webkit-text-stroke-width: 0px;" border="0">
<tr style="text-align: right; text-transform: none; background-color: #cceeff; font: 10pt/10pt 'times new roman', times, serif; white-space: nowrap; color: #000000; vertical-align: bottom;">
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="text-align: left; padding-bottom: 0.5pt; padding-left: 0pt; width: 356.29pt; padding-right: 0pt; padding-top: 0pt;">
<div style="white-space: nowrap;">2016</div>
</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="min-width: 3.75pt; text-align: right; padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 0pt;">$</td>
<td style="min-width: 17.25pt; text-align: right; padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 0pt;">597</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
</tr>
<tr style="text-align: right; text-transform: none; font: 10pt/10pt 'times new roman', times, serif; white-space: nowrap; color: #000000; vertical-align: bottom;">
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="text-align: left; padding-bottom: 0.5pt; padding-left: 0pt; width: 356.29pt; padding-right: 0pt; padding-top: 2pt;">
<div style="white-space: nowrap;">2017</div>
</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="min-width: 3.75pt; text-align: right; padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 2pt;">​</td>
<td style="min-width: 17.25pt; text-align: right; padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 2pt;">597</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
</tr>
<tr style="text-align: right; text-transform: none; background-color: #cceeff; font: 10pt/10pt 'times new roman', times, serif; white-space: nowrap; color: #000000; vertical-align: bottom;">
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="text-align: left; padding-bottom: 0.5pt; padding-left: 0pt; width: 356.29pt; padding-right: 0pt; padding-top: 2pt;">
<div style="white-space: nowrap;">2018</div>
</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="min-width: 3.75pt; text-align: right; padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 2pt;">​</td>
<td style="min-width: 17.25pt; text-align: right; padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 2pt;">597</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
</tr>
<tr style="text-align: right; text-transform: none; font: 10pt/10pt 'times new roman', times, serif; white-space: nowrap; color: #000000; vertical-align: bottom;">
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="text-align: left; padding-bottom: 0.5pt; padding-left: 0pt; width: 356.29pt; padding-right: 0pt; padding-top: 2pt;">
<div style="white-space: nowrap;">2019</div>
</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="min-width: 3.75pt; text-align: right; padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 2pt;">​</td>
<td style="min-width: 17.25pt; text-align: right; padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 2pt;">597</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
</tr>
<tr style="text-align: right; text-transform: none; background-color: #cceeff; font: 10pt/10pt 'times new roman', times, serif; white-space: nowrap; color: #000000; vertical-align: bottom;">
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="text-align: left; padding-bottom: 0.5pt; padding-left: 0pt; width: 356.29pt; padding-right: 0pt; padding-top: 2pt;">
<div style="white-space: nowrap;">2020</div>
</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="min-width: 3.75pt; text-align: right; padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 2pt;">​</td>
<td style="min-width: 17.25pt; text-align: right; padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 2pt;">538</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
</tr>
<tr style="text-align: right; text-transform: none; font: 10pt/10pt 'times new roman', times, serif; white-space: nowrap; color: #000000; vertical-align: bottom;">
<td style="border-bottom: #ffffff 1px solid; width: 0pt; padding: 0pt;">​</td>
<td style="border-bottom: #ffffff 1px solid; text-align: left; padding-bottom: 1pt; padding-left: 0pt; width: 356.29pt; padding-right: 0pt; padding-top: 2pt;">
<div style="white-space: nowrap;">Thereafter</div>
</td>
<td style="border-bottom: #ffffff 1px solid; width: 6pt; padding: 0pt;">​</td>
<td style="border-bottom: #ffffff 1px solid; width: 6pt; padding: 0pt;">​</td>
<td style="border-bottom: #ffffff 1px solid; width: 0pt; padding: 0pt;">​</td>
<td style="border-bottom: #000000 1px solid; min-width: 3.75pt; text-align: right; padding-bottom: 1pt; padding-left: 0pt; padding-right: 0pt; padding-top: 2pt;">​</td>
<td style="border-bottom: #000000 1px solid; min-width: 17.25pt; text-align: right; padding-bottom: 1pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 2pt;">5,237</td>
<td style="border-bottom: #ffffff 1px solid; width: 0pt; padding: 0pt;">​</td>
<td style="border-bottom: #ffffff 1px solid; width: 0pt; padding: 0pt;">​</td>
</tr>
<tr style="text-align: right; text-transform: none; background-color: #cceeff; font: 10pt/10pt 'times new roman', times, serif; white-space: nowrap; color: #000000; vertical-align: bottom;">
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="text-align: left; padding-bottom: 2.75pt; padding-left: 0pt; width: 356.29pt; padding-right: 0pt; padding-top: 1.75pt;">
<div style="white-space: nowrap;">Total</div>
</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding:
0pt;">​</td>
<td style="border-bottom: #000000 3px double; min-width: 3.75pt; text-align: right; padding-bottom: 2pt; padding-left: 0pt; padding-right: 0pt; padding-top: 1.75pt;">$</td>
<td style="border-bottom: #000000 3px double; min-width: 17.25pt; text-align: right; padding-bottom: 2pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 1.75pt;">8,163</td>
</tr>
</table>
<table align="center" style="widows: 1; text-transform: none; text-indent: 0px; width: 100%; border-collapse: collapse; font: 12px 'times new roman', times, serif; white-space: normal; letter-spacing: normal; height: 274px; color: #000000; word-spacing: 0px; -webkit-text-stroke-width: 0px;" border="0">
<tr style="text-align: center; text-transform: none; font: bold 8pt/9pt 'times new roman', times, serif; white-space: nowrap; color: #000000; vertical-align: bottom;">
<td style="border-bottom: #ffffff 1px solid; text-align: left; padding-bottom: 0.5pt; padding-left: 0pt; width: 134.64pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="border-bottom: #ffffff 1px solid; width: 6pt; padding: 0pt;">​</td>
<td style="border-bottom: #ffffff 1px solid; width: 6pt; padding: 0pt;">​</td>
<td style="border-bottom: #000000 1px solid; padding-bottom: 2.167pt; padding-left: 0pt; padding-right: 0pt; padding-top: 0pt;" colspan="4">
<div style="text-align: center;">James River <br />Capital <br />Trust I</div>
</td>
<td style="border-bottom: #ffffff 1px solid; width: 6pt; padding: 0pt;">​</td>
<td style="border-bottom: #ffffff 1px solid; width: 6pt; padding: 0pt;">​</td>
<td style="border-bottom: #000000 1px solid; padding-bottom: 2.167pt; padding-left: 0pt; padding-right: 0pt; padding-top: 0pt;" colspan="4">
<div style="text-align: center;">James River <br />Capital <br />Trust II</div>
</td>
<td style="border-bottom: #ffffff 1px solid; width: 6pt; padding: 0pt;">​</td>
<td style="border-bottom: #ffffff 1px solid; width: 6pt; padding: 0pt;">​</td>
<td style="border-bottom: #000000 1px solid; padding-bottom: 2.167pt; padding-left: 0pt; padding-right: 0pt; padding-top: 0pt;" colspan="4">
<div style="text-align: center;">James River <br />Capital <br />Trust III</div>
</td>
<td style="border-bottom: #ffffff 1px solid; width: 6pt; padding: 0pt;">​</td>
<td style="border-bottom: #ffffff 1px solid; width: 6pt; padding: 0pt;">​</td>
<td style="border-bottom: #000000 1px solid; padding-bottom: 2.167pt; padding-left: 0pt; padding-right: 0pt; padding-top: 0pt;" colspan="4">
<div style="text-align: center;">James River <br />Capital <br />Trust IV</div>
</td>
<td style="border-bottom: #ffffff 1px solid; width: 6pt; padding: 0pt;">​</td>
<td style="border-bottom: #ffffff 1px solid; width: 6pt; padding: 0pt;">​</td>
<td style="border-bottom: #000000 1px solid; padding-bottom: 2.167pt; padding-left: 0pt; padding-right: 0pt; padding-top: 0pt;" colspan="4">
<div style="text-align: center;">Franklin <br />Holdings II <br />(Bermuda) <br />Capital <br />Trust I</div>
</td>
<td style="border-bottom: #ffffff 1px solid; width: 0pt; padding: 0pt;">​</td>
</tr>
<tr style="text-align: left; text-transform: none; font: bold italic 8pt/8pt 'times new roman', times, serif; white-space: nowrap; color: #000000; vertical-align: bottom;">
<td style="padding-bottom: 0.5pt; padding-left: 0pt; width: 134.64pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="text-align: center; padding-bottom: 1.5pt; padding-left: 0pt; width: 0pt; padding-right: 0pt; padding-top: 3.25pt;" colspan="28">
<div style="text-align: center; white-space: nowrap;">($ in thousands)</div>
</td>
<td style="width: 0pt; padding: 0pt;">​</td>
</tr>
<tr style="text-align: center; text-transform: none; background-color: #cceeff; font: 9pt/9.5pt 'times new roman', times, serif; white-space: normal; height: 19pt; color: #000000; vertical-align: bottom;">
<td style="text-align: left; padding-bottom: 1.333pt; padding-left: 0pt; width: 134.64pt; padding-right: 0pt; white-space: nowrap; vertical-align: top; padding-top: 3.167pt;">
<div style="white-space: nowrap;">Issue date</div>
</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="padding-bottom: 1.333pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.167pt;" colspan="4">
<div style="text-align: center;">May 26, <br />2004</div>
</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="padding-bottom: 1.333pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.167pt;" colspan="4">
<div style="text-align: center;">December 15, <br />2004</div>
</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="padding-bottom: 1.333pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.167pt;" colspan="4">
<div style="text-align: center;">June 15, <br />2006</div>
</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="padding-bottom: 1.333pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.167pt;" colspan="4">
<div style="text-align: center;">December 11, <br />2007</div>
</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="padding-bottom: 1.333pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.167pt;" colspan="4">
<div style="text-align: center;">January 10, <br />2008</div>
</td>
<td style="width: 0pt; padding: 0pt;">​</td>
</tr>
<tr style="text-align: right; text-transform: none; font: 9pt/9.5pt 'times new roman', times, serif; white-space: nowrap; height: 19pt; color: #000000; vertical-align: bottom;">
<td style="text-align: left; padding-bottom: 1.333pt; padding-left: 0pt; width: 134.64pt; padding-right: 0pt; white-space: normal; vertical-align: top; padding-top: 3.167pt;">
<div style="text-indent: -10pt; margin-left: 10pt;">Principal amount of Trust <br />Preferred Securities</div>
</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="padding-bottom: 0pt; padding-left: 13.525pt; width: 0pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="min-width: 3.75pt; text-align: right; padding-bottom: 1.333pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.167pt;">$</td>
<td style="min-width: 16.5pt; text-align: right; padding-bottom: 1.333pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3.167pt;">7,000</td>
<td style="padding-bottom: 0pt; padding-left: 13.525pt; width: 0pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="padding-bottom: 0pt; padding-left: 11.625pt; width: 0pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="min-width: 3.75pt; text-align: right; padding-bottom: 1.333pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.167pt;">$</td>
<td style="min-width: 20.25pt; text-align: right;
padding-bottom: 1.333pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3.167pt;">15,000</td>
<td style="padding-bottom: 0pt; padding-left: 11.625pt; width: 0pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="padding-bottom: 0pt; padding-left: 11.275pt; width: 0pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="min-width: 3.75pt; text-align: right; padding-bottom: 1.333pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.167pt;">$</td>
<td style="min-width: 20.25pt; text-align: right; padding-bottom: 1.333pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3.167pt;">20,000</td>
<td style="padding-bottom: 0pt; padding-left: 11.275pt; width: 0pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="padding-bottom: 0pt; padding-left: 11.625pt; width: 0pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="min-width: 3.75pt; text-align: right; padding-bottom: 1.333pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.167pt;">$</td>
<td style="min-width: 20.25pt; text-align: right; padding-bottom: 1.333pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3.167pt;">54,000</td>
<td style="padding-bottom: 0pt; padding-left: 11.625pt; width: 0pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="padding-bottom: 0pt; padding-left: 11.275pt; width: 0pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="min-width: 3.75pt; text-align: right; padding-bottom: 1.333pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.167pt;">$</td>
<td style="min-width: 20.25pt; text-align: right; padding-bottom: 1.333pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3.167pt;">30,000</td>
<td style="padding-bottom: 0pt; padding-left: 11.275pt; width: 0pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
</tr>
<tr style="text-align: right; text-transform: none; background-color: #cceeff; font: 9pt/9.5pt 'times new roman', times, serif; white-space: nowrap; height: 19pt; color: #000000; vertical-align: bottom;">
<td style="text-align: left; padding-bottom: 1.333pt; padding-left: 0pt; width: 134.64pt; padding-right: 0pt; white-space: normal; vertical-align: top; padding-top: 3.167pt;">
<div style="text-indent: -10pt; margin-left: 10pt;">Principal amount of Junior <br />Subordinated Debt</div>
</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="padding-bottom: 0pt; padding-left: 13.525pt; width: 0pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="min-width: 3.75pt; text-align: right; padding-bottom: 1.333pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.167pt;">$</td>
<td style="min-width: 16.5pt; text-align: right; padding-bottom: 1.333pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3.167pt;">7,217</td>
<td style="padding-bottom: 0pt; padding-left: 13.525pt; width: 0pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="padding-bottom: 0pt; padding-left: 11.625pt; width: 0pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="min-width: 3.75pt; text-align: right; padding-bottom: 1.333pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.167pt;">$</td>
<td style="min-width: 20.25pt; text-align: right; padding-bottom: 1.333pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3.167pt;">15,464</td>
<td style="padding-bottom: 0pt; padding-left: 11.625pt; width: 0pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="padding-bottom: 0pt; padding-left: 11.275pt; width: 0pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="min-width: 3.75pt; text-align: right; padding-bottom: 1.333pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.167pt;">$</td>
<td style="min-width: 20.25pt; text-align: right; padding-bottom: 1.333pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3.167pt;">20,619</td>
<td style="padding-bottom: 0pt; padding-left: 11.275pt; width: 0pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="padding-bottom: 0pt; padding-left: 11.625pt; width: 0pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="min-width: 3.75pt; text-align: right; padding-bottom: 1.333pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.167pt;">$</td>
<td style="min-width: 20.25pt; text-align: right; padding-bottom: 1.333pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3.167pt;">55,670</td>
<td style="padding-bottom: 0pt; padding-left: 11.625pt; width: 0pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="padding-bottom: 0pt; padding-left: 11.275pt; width: 0pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="min-width: 3.75pt; text-align: right; padding-bottom: 1.333pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.167pt;">$</td>
<td style="min-width: 20.25pt; text-align: right; padding-bottom: 1.333pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3.167pt;">30,928</td>
<td style="padding-bottom: 0pt; padding-left: 11.275pt; width: 0pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
</tr>
<tr style="text-align: right; text-transform: none; font: 9pt/9.5pt 'times new roman', times, serif; white-space: nowrap; height: 28.5pt; color: #000000; vertical-align: bottom;">
<td style="text-align: left; padding-bottom: 1.333pt; padding-left: 0pt; width: 134.64pt; padding-right: 0pt; white-space: normal; vertical-align: top; padding-top: 3.167pt;">
<div style="text-indent: -10pt; margin-left: 10pt;">Carrying amount of Junior <br />Subordinated Debt net of <br />repurchases</div>
</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="padding-bottom: 0pt; padding-left: 13.525pt; width: 0pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="min-width: 3.75pt; text-align: right; padding-bottom: 1.333pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.167pt;">$</td>
<td style="min-width: 16.5pt;
text-align: right; padding-bottom: 1.333pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3.167pt;">7,217</td>
<td style="padding-bottom: 0pt; padding-left: 13.525pt; width: 0pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="padding-bottom: 0pt; padding-left: 11.625pt; width: 0pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="min-width: 3.75pt; text-align: right; padding-bottom: 1.333pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.167pt;">$</td>
<td style="min-width: 20.25pt; text-align: right; padding-bottom: 1.333pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3.167pt;">15,464</td>
<td style="padding-bottom: 0pt; padding-left: 11.625pt; width: 0pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="padding-bottom: 0pt; padding-left: 11.275pt; width: 0pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="min-width: 3.75pt; text-align: right; padding-bottom: 1.333pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.167pt;">$</td>
<td style="min-width: 20.25pt; text-align: right; padding-bottom: 1.333pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3.167pt;">20,619</td>
<td style="padding-bottom: 0pt; padding-left: 11.275pt; width: 0pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="padding-bottom: 0pt; padding-left: 11.625pt; width: 0pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="min-width: 3.75pt; text-align: right; padding-bottom: 1.333pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.167pt;">$</td>
<td style="min-width: 20.25pt; text-align: right; padding-bottom: 1.333pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3.167pt;">44,827</td>
<td style="padding-bottom: 0pt; padding-left: 11.625pt; width: 0pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="padding-bottom: 0pt; padding-left: 11.275pt; width: 0pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="min-width: 3.75pt; text-align: right; padding-bottom: 1.333pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.167pt;">$</td>
<td style="min-width: 20.25pt; text-align: right; padding-bottom: 1.333pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3.167pt;">15,928</td>
<td style="padding-bottom: 0pt; padding-left: 11.275pt; width: 0pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
</tr>
<tr style="text-align: center; text-transform: none; background-color: #cceeff; font: 9pt/9.5pt 'times new roman', times, serif; white-space: normal; height: 28.5pt; color: #000000; vertical-align: bottom;">
<td style="text-align: left; padding-bottom: 1.333pt; padding-left: 0pt; width: 134.64pt; padding-right: 0pt; vertical-align: top; padding-top: 3.167pt;">
<div style="text-indent: -10pt; margin-left: 10pt;">Maturity date of Junior <br />Subordinated Debt, unless <br />accelerated earlier</div>
</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="padding-bottom: 1.333pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.167pt;" colspan="4">
<div style="text-align: center;">May 24, <br />2034</div>
</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="padding-bottom: 1.333pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.167pt;" colspan="4">
<div style="text-align: center;">December 15, <br />2034</div>
</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="padding-bottom: 1.333pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.167pt;" colspan="4">
<div style="text-align: center;">June 15, <br />2036</div>
</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="padding-bottom: 1.333pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.167pt;" colspan="4">
<div style="text-align: center;">December 15, <br />2037</div>
</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="padding-bottom: 1.333pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.167pt;" colspan="4">
<div style="text-align: center;">March 15, <br />2038</div>
</td>
<td style="width: 0pt; padding: 0pt;">​</td>
</tr>
<tr style="text-align: right; text-transform: none; font: 9pt/9pt 'times new roman', times, serif; white-space: nowrap; height: 9.5pt; color: #000000; vertical-align: bottom;">
<td style="text-align: left; padding-bottom: 1.5pt; padding-left: 0pt; width: 134.64pt; padding-right: 0pt; vertical-align: top; padding-top: 3.5pt;">
<div style="white-space: nowrap;">Trust common stock</div>
</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="padding-bottom: 0pt; padding-left: 13.525pt; width: 0pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="min-width: 3.75pt; text-align: right; padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.5pt;">$</td>
<td style="min-width: 16.5pt; text-align: right; padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3.5pt;">217</td>
<td style="padding-bottom: 0pt; padding-left: 13.525pt; width: 0pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="padding-bottom: 0pt; padding-left: 11.625pt; width: 0pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="min-width: 3.75pt; text-align: right; padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.5pt;">$</td>
<td style="min-width: 20.25pt; text-align: right; padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3.5pt;">464</td>
<td style="padding-bottom: 0pt; padding-left: 11.625pt; width: 0pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="padding-bottom: 0pt; padding-left: 11.275pt; width: 0pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="min-width: 3.75pt; text-align: right; padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; padding-top:
3.5pt;">$</td>
<td style="min-width: 20.25pt; text-align: right; padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3.5pt;">619</td>
<td style="padding-bottom: 0pt; padding-left: 11.275pt; width: 0pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="padding-bottom: 0pt; padding-left: 11.625pt; width: 0pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="min-width: 3.75pt; text-align: right; padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.5pt;">$</td>
<td style="min-width: 20.25pt; text-align: right; padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3.5pt;">1,670</td>
<td style="padding-bottom: 0pt; padding-left: 11.625pt; width: 0pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="padding-bottom: 0pt; padding-left: 11.275pt; width: 0pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="min-width: 3.75pt; text-align: right; padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.5pt;">$</td>
<td style="min-width: 20.25pt; text-align: right; padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3.5pt;">928</td>
<td style="padding-bottom: 0pt; padding-left: 11.275pt; width: 0pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
</tr>
<tr style="text-align: center; text-transform: none; background-color: #cceeff; font: 9pt/9.5pt 'times new roman', times, serif; white-space: normal; color: #000000; vertical-align: top;">
<td style="text-align: left; padding-bottom: 1.333pt; padding-left: 0pt; width: 134.64pt; padding-right: 0pt; white-space: nowrap; padding-top: 3.167pt;">
<div style="white-space: nowrap;">Interest rate, per annum</div>
</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="padding-bottom: 1.333pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.167pt;" colspan="4">
<div style="text-align: center;">Three-Month <br />LIBOR <br />plus 4.0%</div>
</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="padding-bottom: 1.333pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.167pt;" colspan="4">
<div style="text-align: center;">Three-Month <br />LIBOR <br />plus 3.4%</div>
</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="padding-bottom: 1.333pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.167pt;" colspan="4">
<div style="text-align: center;">Three-Month <br />LIBOR <br />plus 3.0%</div>
</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="padding-bottom: 1.333pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.167pt;" colspan="4">
<div style="text-align: center;">Three-Month <br />LIBOR <br />plus 3.1%</div>
</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="padding-bottom: 1.333pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.167pt;" colspan="4">
<div style="text-align: center;">Three-Month <br />LIBOR <br />plus 4.0%</div>
</td>
<td style="width: 0pt; padding: 0pt;">​</td>
</tr>
<tr style="text-align: center; text-transform: none; font: 9pt/9.5pt 'times new roman', times, serif; white-space: normal; height: 28.5pt; color: #000000; vertical-align: bottom;">
<td style="text-align: left; padding-bottom: 1.333pt; padding-left: 0pt; width: 134.64pt; padding-right: 0pt; vertical-align: top; padding-top: 3.167pt;">
<div style="text-indent: -10pt; margin-left: 10pt;">Redeemable at 100% of principal <br />amount at option of the <br />Company on or after</div>
</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="padding-bottom: 1.333pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.167pt;" colspan="4">
<div style="text-align: center;">May 24, <br />2009</div>
</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="padding-bottom: 1.333pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.167pt;" colspan="4">
<div style="text-align: center;">December 15, <br />2009</div>
</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="padding-bottom: 1.333pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.167pt;" colspan="4">
<div style="text-align: center;">June 15, <br />2011</div>
</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="padding-bottom: 1.333pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.167pt;" colspan="4">
<div style="text-align: center;">March 15, <br />2013</div>
</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="padding-bottom: 1.333pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.167pt;" colspan="4">
<div style="text-align: center;">June 15, <br />2013</div>
</td>
</tr>
</table>
<table align="center" style="widows: 1; text-transform: none; text-indent: 0px; width: 100%; border-collapse: collapse; font: 13px 'times new roman', times, serif; white-space: normal; letter-spacing: normal; height: 72px; color: #000000; word-spacing: 0px; -webkit-text-stroke-width: 0px;" border="0">
<tr style="text-align: left; text-transform: none; font: bold 8pt/8pt 'times new roman', times, serif; white-space: nowrap; color: #000000; vertical-align: bottom;">
<td style="border-bottom: #ffffff 1px solid; padding-bottom: 0.5pt; padding-left: 0pt; width: 243.28pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="border-bottom: #ffffff 1px solid; width: 6pt; padding: 0pt;">​</td>
<td style="border-bottom: #ffffff 1px solid; width: 6pt; padding: 0pt;">​</td>
<td style="border-bottom: #000000 1px solid; text-align: center; padding-bottom: 1.5pt; padding-left: 0pt; width: 0pt; padding-right: 0pt; padding-top: 0pt;" colspan="16">
<div style="text-align: center; white-space: nowrap;">Year Ended December 31,</div>
</td>
<td style="border-bottom: #ffffff 1px solid; width: 0pt; padding: 0pt;">​</td>
</tr>
<tr style="text-align: center; text-transform: none; font: bold 8pt/8pt 'times new roman', times, serif; white-space: nowrap; color: #000000; vertical-align: bottom;">
<td style="border-bottom: #ffffff 1px solid; text-align: left; padding-bottom: 0.5pt; padding-left: 0pt; width: 243.28pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="border-bottom: #ffffff 1px solid; width: 6pt; padding: 0pt;">​</td>
<td style="border-bottom: #ffffff 1px solid; width: 6pt; padding: 0pt;">​</td>
<td style="border-bottom: #000000 1px solid; padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 2.25pt;" colspan="4">
<div style="text-align: center; white-space: nowrap;">2015</div>
</td>
<td style="border-bottom: #ffffff 1px solid; width: 6pt; padding: 0pt;">​</td>
<td style="border-bottom: #ffffff 1px solid; width: 6pt; padding: 0pt;">​</td>
<td style="border-bottom: #000000 1px solid; padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 2.25pt;" colspan="4">
<div style="text-align: center; white-space: nowrap;">2014</div>
</td>
<td style="border-bottom: #ffffff 1px solid; width: 6pt; padding: 0pt;">​</td>
<td style="border-bottom: #ffffff 1px solid; width: 6pt; padding: 0pt;">​</td>
<td style="border-bottom: #000000 1px solid; padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 2.25pt;" colspan="4">
<div style="text-align: center; white-space: nowrap;">2013</div>
</td>
<td style="border-bottom: #ffffff 1px solid; width: 0pt; padding: 0pt;">​</td>
</tr>
<tr style="text-align: right; text-transform: none; background-color: #cceeff; font: 10pt/10pt 'times new roman', times, serif; white-space: nowrap; color: #000000; vertical-align: bottom;">
<td style="text-align: left; padding-bottom: 0.5pt; padding-left: 0pt; width: 243.28pt; padding-right: 0pt; padding-top: 2.25pt;">
<div style="white-space: nowrap;">Range of risk-free interest rates</div>
</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="padding-bottom: 0pt; padding-left: 7.255pt; width: 0pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="min-width: 0pt; text-align: right; padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 2.25pt;">​</td>
<td style="min-width: 17.25pt; text-align: right; padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 2.25pt;">1.54<font style="position: absolute;">%</font></td>
<td style="padding-bottom: 0pt; padding-left: 7.255pt; width: 0pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="padding-bottom: 0pt; padding-left: 7.255pt; width: 0pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="min-width: 0pt; text-align: right; padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 2.25pt;">​</td>
<td style="min-width: 17.25pt; text-align: right; padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 2.25pt;">1.53<font style="position: absolute;">%</font></td>
<td style="padding-bottom: 0pt; padding-left: 7.255pt; width: 0pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="text-align: center; padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 2.25pt;" colspan="4">
<div style="text-align: center;">0.77% – 1.50%</div>
</td>
<td style="width: 0pt; padding: 0pt;">​</td>
</tr>
<tr style="text-align: right; text-transform: none; font: 10pt/10pt 'times new roman', times, serif; white-space: nowrap; color: #000000; vertical-align: bottom;">
<td style="text-align: left; padding-bottom: 0.5pt; padding-left: 0pt; width: 243.28pt; padding-right: 0pt; padding-top: 2.5pt;">
<div style="white-space: nowrap;">Dividend yield</div>
</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="padding-bottom: 0pt; padding-left: 7.255pt; width: 0pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="min-width: 0pt; text-align: right; padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 2.5pt;">​</td>
<td style="min-width: 17.25pt; text-align: right; padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 2.5pt;">4.00<font style="position: absolute;">%</font></td>
<td style="padding-bottom: 0pt; padding-left: 7.255pt; width: 0pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="padding-bottom: 0pt; padding-left: 7.255pt; width: 0pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="min-width: 0pt; text-align: right; padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 2.5pt;">​</td>
<td style="min-width: 17.25pt; text-align: right; padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 2.5pt;">2.00<font style="position: absolute;">%</font></td>
<td style="padding-bottom: 0pt; padding-left: 7.255pt; width: 0pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="padding-bottom: 0pt; padding-left: 19.785pt; width: 0pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="min-width: 0pt; text-align: right; padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 2.5pt;">​</td>
<td style="min-width:
17.25pt; text-align: right; padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 2.5pt;">0.00<font style="position: absolute;">%</font></td>
<td style="padding-bottom: 0pt; padding-left: 19.785pt; width: 0pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
</tr>
<tr style="text-align: right; text-transform: none; background-color: #cceeff; font: 10pt/10pt 'times new roman', times, serif; white-space: nowrap; color: #000000; vertical-align: bottom;">
<td style="text-align: left; padding-bottom: 0.5pt; padding-left: 0pt; width: 243.28pt; padding-right: 0pt; padding-top: 2.5pt;">
<div style="white-space: nowrap;">Expected share price volatility</div>
</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="padding-bottom: 0pt; padding-left: 7.255pt; width: 0pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="min-width: 0pt; text-align: right; padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 2.5pt;">​</td>
<td style="min-width: 17.25pt; text-align: right; padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 2.5pt;">25.00<font style="position: absolute;">%</font></td>
<td style="padding-bottom: 0pt; padding-left: 7.255pt; width: 0pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="padding-bottom: 0pt; padding-left: 7.255pt; width: 0pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="min-width: 0pt; text-align: right; padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 2.5pt;">​</td>
<td style="min-width: 17.25pt; text-align: right; padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 2.5pt;">25.00<font style="position: absolute;">%</font></td>
<td style="padding-bottom: 0pt; padding-left: 7.255pt; width: 0pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="padding-bottom: 0pt; padding-left: 19.785pt; width: 0pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="min-width: 0pt; text-align: right; padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 2.5pt;">​</td>
<td style="min-width: 17.25pt; text-align: right; padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 2.5pt;">26.00<font style="position: absolute;">%</font></td>
<td style="padding-bottom: 0pt; padding-left: 19.785pt; width: 0pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
</tr>
<tr style="text-align: center; text-transform: none; font: 10pt/10pt 'times new roman', times, serif; white-space: nowrap; color: #000000; vertical-align: bottom;">
<td style="text-align: left; padding-bottom: 0.5pt; padding-left: 0pt; width: 243.28pt; padding-right: 0pt; padding-top: 2.5pt;">
<div style="white-space: nowrap;">Expected life</div>
</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 2.5pt;" colspan="4">
<div style="text-align: center; white-space: nowrap;">5.0 years</div>
</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 2.5pt;" colspan="4">
<div style="text-align: center; white-space: nowrap;">5.0 years</div>
</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 2.5pt;" colspan="4">
<div style="text-align: center;">5.0 years</div>
</td>
</tr>
</table>
<table align="center" style="widows: 1; text-transform: none; text-indent: 0px; width: 100%; border-collapse: collapse; font: 13px 'times new roman', times, serif; white-space: normal; letter-spacing: normal; height: 266px; color: #000000; word-spacing: 0px; -webkit-text-stroke-width: 0px;" border="0">
<tr style="text-align: left; text-transform: none; font: bold 8pt/8pt 'times new roman', times, serif; white-space: nowrap; color: #000000; vertical-align: bottom;">
<td style="border-bottom: #ffffff 1px solid; padding-bottom: 0.5pt; padding-left: 0pt; width: 263.55pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="border-bottom: #ffffff 1px solid; width: 6pt; padding: 0pt;">​</td>
<td style="border-bottom: #ffffff 1px solid; width: 6pt; padding: 0pt;">​</td>
<td style="border-bottom: #000000 1px solid; text-align: center; padding-bottom: 2.5pt; padding-left: 0pt; width: 0pt; padding-right: 0pt; padding-top: 0pt;" colspan="16">
<div style="text-align: center; white-space: nowrap;">Year Ended December 31,</div>
</td>
<td style="border-bottom: #ffffff 1px solid; width: 0pt; padding: 0pt;">​</td>
</tr>
<tr style="text-align: center; text-transform: none; font: bold 8pt/8pt 'times new roman', times, serif; white-space: nowrap; color: #000000; vertical-align: bottom;">
<td style="border-bottom: #ffffff 1px solid; text-align: left; padding-bottom: 0.5pt; padding-left: 0pt; width: 263.55pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="border-bottom: #ffffff 1px solid; width: 6pt; padding: 0pt;">​</td>
<td style="border-bottom: #ffffff 1px solid; width: 6pt; padding: 0pt;">​</td>
<td style="border-bottom: #000000 1px solid; padding-bottom: 2.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.25pt;" colspan="4">
<div style="text-align: center; white-space: nowrap;">2015</div>
</td>
<td style="border-bottom: #ffffff 1px solid; width: 6pt; padding: 0pt;">​</td>
<td style="border-bottom: #ffffff 1px solid; width: 6pt; padding: 0pt;">​</td>
<td style="border-bottom: #000000 1px solid; padding-bottom: 2.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.25pt;" colspan="4">
<div style="text-align: center; white-space: nowrap;">2014</div>
</td>
<td style="border-bottom: #ffffff 1px solid; width: 6pt; padding: 0pt;">​</td>
<td style="border-bottom: #ffffff 1px solid; width: 6pt; padding: 0pt;">​</td>
<td style="border-bottom: #000000 1px solid; padding-bottom: 2.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.25pt;" colspan="4">
<div style="text-align: center; white-space: nowrap;">2013</div>
</td>
<td style="border-bottom: #ffffff 1px solid; width: 0pt; padding: 0pt;">​</td>
</tr>
<tr style="text-align: left; text-transform: none; font: bold italic 8pt/8pt 'times new roman', times, serif; white-space: nowrap; color: #000000; vertical-align: bottom;">
<td style="padding-bottom: 0.5pt; padding-left: 0pt; width: 263.55pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="text-align: center; padding-bottom: 0.5pt; padding-left: 0pt; width: 0pt; padding-right: 0pt; padding-top: 3.25pt;" colspan="16">
<div style="text-align: center; white-space: nowrap;">(in thousands)</div>
</td>
<td style="width: 0pt; padding: 0pt;">​</td>
</tr>
<tr style="text-align: right; text-transform: none; background-color: #cceeff; font: 10pt/10pt 'times new roman', times, serif; white-space: nowrap; color: #000000; vertical-align: bottom;">
<td style="text-align: left; padding-bottom: 1.5pt; padding-left: 0pt; width: 263.55pt; padding-right: 0pt; padding-top: 3.25pt;">Written premiums:</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="min-width: 3.75pt; text-align: right; padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="min-width: 27pt; text-align: right; padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="min-width: 3.75pt; text-align: right; padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="min-width: 24.75pt; text-align: right; padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="min-width: 3.75pt; text-align: right; padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="min-width: 24.75pt; text-align: right; padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
</tr>
<tr style="text-align: right; text-transform: none; font: 10pt/10pt 'times new roman', times, serif; white-space: nowrap; color: #000000; vertical-align: bottom;">
<td style="text-align: left; padding-bottom: 1.5pt; padding-left: 0pt; width: 263.55pt; padding-right: 0pt; padding-top: 3.5pt;">
<div style="margin-left: 10pt;">Direct</div>
</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="min-width: 3.75pt; text-align: right; padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.5pt;">$</td>
<td style="min-width: 27pt; text-align: right; padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3.5pt;">395,816</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="min-width: 3.75pt; text-align: right; padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.5pt;">$</td>
<td style="min-width: 24.75pt; text-align: right; padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3.5pt;">310,161</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="min-width: 3.75pt; text-align: right; padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; padding-top:
3.5pt;">$</td>
<td style="min-width: 24.75pt; text-align: right; padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3.5pt;">211,607</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
</tr>
<tr style="text-align: right; text-transform: none; background-color: #cceeff; font: 10pt/10pt 'times new roman', times, serif; white-space: nowrap; color: #000000; vertical-align: bottom;">
<td style="text-align: left; padding-bottom: 1.5pt; padding-left: 0pt; width: 263.55pt; padding-right: 0pt; padding-top: 3.5pt;">
<div style="margin-left: 10pt;">Assumed</div>
</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="min-width: 3.75pt; text-align: right; padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.5pt;">​</td>
<td style="min-width: 27pt; text-align: right; padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3.5pt;">176,378</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="min-width: 3.75pt; text-align: right; padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.5pt;">​</td>
<td style="min-width: 24.75pt; text-align: right; padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3.5pt;">208,606</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="min-width: 3.75pt; text-align: right; padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.5pt;">​</td>
<td style="min-width: 24.75pt; text-align: right; padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3.5pt;">156,911</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
</tr>
<tr style="text-align: right; text-transform: none; font: 10pt/10pt 'times new roman', times, serif; white-space: nowrap; color: #000000; vertical-align: bottom;">
<td style="border-bottom: #ffffff 1px solid; text-align: left; padding-bottom: 2.5pt; padding-left: 0pt; width: 263.55pt; padding-right: 0pt; padding-top: 3.5pt;">
<div style="margin-left: 10pt;">Ceded</div>
</td>
<td style="border-bottom: #ffffff 1px solid; width: 6pt; padding: 0pt;">​</td>
<td style="border-bottom: #ffffff 1px solid; width: 6pt; padding: 0pt;">​</td>
<td style="border-bottom: #ffffff 1px solid; width: 0pt; padding: 0pt;">​</td>
<td style="border-bottom: #000000 1px solid; min-width: 3.75pt; text-align: right; padding-bottom: 2.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.5pt;">​</td>
<td style="border-bottom: #000000 1px solid; min-width: 27pt; text-align: right; padding-bottom: 2.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3.5pt;">(101,162<font style="position: absolute;">)</font></td>
<td style="border-bottom: #ffffff 1px solid; width: 0pt; padding: 0pt;">​</td>
<td style="border-bottom: #ffffff 1px solid; width: 6pt; padding: 0pt;">​</td>
<td style="border-bottom: #ffffff 1px solid; width: 6pt; padding: 0pt;">​</td>
<td style="border-bottom: #ffffff 1px solid; width: 0pt; padding: 0pt;">​</td>
<td style="border-bottom: #000000 1px solid; min-width: 3.75pt; text-align: right; padding-bottom: 2.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.5pt;">​</td>
<td style="border-bottom: #000000 1px solid; min-width: 24.75pt; text-align: right; padding-bottom: 2.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3.5pt;">(68,684<font style="position: absolute;">)</font></td>
<td style="border-bottom: #ffffff 1px solid; width: 0pt; padding: 0pt;">​</td>
<td style="border-bottom: #ffffff 1px solid; width: 6pt; padding: 0pt;">​</td>
<td style="border-bottom: #ffffff 1px solid; width: 6pt; padding: 0pt;">​</td>
<td style="border-bottom: #ffffff 1px solid; width: 0pt; padding: 0pt;">​</td>
<td style="border-bottom: #000000 1px solid; min-width: 3.75pt; text-align: right; padding-bottom: 2.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.5pt;">​</td>
<td style="border-bottom: #000000 1px solid; min-width: 24.75pt; text-align: right; padding-bottom: 2.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3.5pt;">(43,352<font style="position: absolute;">)</font></td>
<td style="border-bottom: #ffffff 1px solid; width: 0pt; padding: 0pt;">​</td>
<td style="border-bottom: #ffffff 1px solid; width: 0pt; padding: 0pt;">​</td>
</tr>
<tr style="text-align: right; text-transform: none; background-color: #cceeff; font: 10pt/10pt 'times new roman', times, serif; white-space: nowrap; color: #000000; vertical-align: bottom;">
<td style="text-align: left; padding-bottom: 3.25pt; padding-left: 0pt; width: 263.55pt; padding-right: 0pt; padding-top: 3.25pt;">
<div style="margin-left: 10pt;">Net</div>
</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="border-bottom: #000000 3px double; min-width: 3.75pt; text-align: right; padding-bottom: 2.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.25pt;">$</td>
<td style="border-bottom: #000000 3px double; min-width: 27pt; text-align: right; padding-bottom: 2.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3.25pt;">471,032</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="border-bottom: #000000 3px double; min-width: 3.75pt; text-align: right; padding-bottom: 2.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.25pt;">$</td>
<td style="border-bottom: #000000 3px double; min-width: 24.75pt; text-align: right; padding-bottom: 2.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3.25pt;">450,083</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="border-bottom: #000000 3px double; min-width: 3.75pt; text-align: right; padding-bottom: 2.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.25pt;">$</td>
<td style="border-bottom: #000000 3px double; min-width: 24.75pt; text-align: right; padding-bottom: 2.5pt;
padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3.25pt;">325,166</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
</tr>
<tr style="text-align: left; text-transform: none; font: 10pt/10pt 'times new roman', times, serif; white-space: nowrap; color: #000000; vertical-align: bottom;">
<td style="padding-bottom: 1.5pt; padding-left: 0pt; width: 263.55pt; padding-right: 0pt; padding-top: 2.75pt;">Earned premiums:</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td colspan="6">​</td>
<td colspan="6">​</td>
<td colspan="6">​</td>
</tr>
<tr style="text-align: right; text-transform: none; background-color: #cceeff; font: 10pt/10pt 'times new roman', times, serif; white-space: nowrap; color: #000000; vertical-align: bottom;">
<td style="text-align: left; padding-bottom: 1.5pt; padding-left: 0pt; width: 263.55pt; padding-right: 0pt; padding-top: 3.5pt;">
<div style="margin-left: 10pt;">Direct</div>
</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="min-width: 3.75pt; text-align: right; padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.5pt;">$</td>
<td style="min-width: 27pt; text-align: right; padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3.5pt;">367,340</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="min-width: 3.75pt; text-align: right; padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.5pt;">$</td>
<td style="min-width: 24.75pt; text-align: right; padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3.5pt;">281,676</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="min-width: 3.75pt; text-align: right; padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.5pt;">$</td>
<td style="min-width: 24.75pt; text-align: right; padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3.5pt;">196,351</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
</tr>
<tr style="text-align: right; text-transform: none; font: 10pt/10pt 'times new roman', times, serif; white-space: nowrap; color: #000000; vertical-align: bottom;">
<td style="text-align: left; padding-bottom: 1.5pt; padding-left: 0pt; width: 263.55pt; padding-right: 0pt; padding-top: 3.5pt;">
<div style="margin-left: 10pt;">Assumed</div>
</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="min-width: 3.75pt; text-align: right; padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.5pt;">​</td>
<td style="min-width: 27pt; text-align: right; padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3.5pt;">181,326</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="min-width: 3.75pt; text-align: right; padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.5pt;">​</td>
<td style="min-width: 24.75pt; text-align: right; padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3.5pt;">178,045</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="min-width: 3.75pt; text-align: right; padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.5pt;">​</td>
<td style="min-width: 24.75pt; text-align: right; padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3.5pt;">192,690</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
</tr>
<tr style="text-align: right; text-transform: none; background-color: #cceeff; font: 10pt/10pt 'times new roman', times, serif; white-space: nowrap; color: #000000; vertical-align: bottom;">
<td style="border-bottom: #cceeff 1px solid; text-align: left; padding-bottom: 2.5pt; padding-left: 0pt; width: 263.55pt; padding-right: 0pt; padding-top: 3.5pt;">
<div style="margin-left: 10pt;">Ceded</div>
</td>
<td style="border-bottom: #cceeff 1px solid; width: 6pt; padding: 0pt;">​</td>
<td style="border-bottom: #cceeff 1px solid; width: 6pt; padding: 0pt;">​</td>
<td style="border-bottom: #cceeff 1px solid; width: 0pt; padding: 0pt;">​</td>
<td style="border-bottom: #000000 1px solid; min-width: 3.75pt; text-align: right; padding-bottom: 2.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.5pt;">​</td>
<td style="border-bottom: #000000 1px solid; min-width: 27pt; text-align: right; padding-bottom: 2.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3.5pt;">(87,461<font style="position: absolute;">)</font></td>
<td style="border-bottom: #cceeff 1px solid; width: 0pt; padding: 0pt;">​</td>
<td style="border-bottom: #cceeff 1px solid; width: 6pt; padding: 0pt;">​</td>
<td style="border-bottom: #cceeff 1px solid; width: 6pt; padding: 0pt;">​</td>
<td style="border-bottom: #cceeff 1px solid; width: 0pt; padding: 0pt;">​</td>
<td style="border-bottom: #000000 1px solid; min-width: 3.75pt; text-align: right; padding-bottom: 2.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.5pt;">​</td>
<td style="border-bottom: #000000 1px solid; min-width: 24.75pt; text-align: right; padding-bottom: 2.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3.5pt;">(63,509<font style="position: absolute;">)</font></td>
<td style="border-bottom: #cceeff 1px solid; width: 0pt; padding: 0pt;">​</td>
<td style="border-bottom: #cceeff 1px solid; width: 6pt; padding: 0pt;">​</td>
<td style="border-bottom: #cceeff 1px solid; width: 6pt; padding: 0pt;">​</td>
<td style="border-bottom: #cceeff 1px solid; width: 0pt; padding: 0pt;">​</td>
<td style="border-bottom: #000000 1px solid; min-width: 3.75pt; text-align: right; padding-bottom: 2.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.5pt;">​</td>
<td style="border-bottom: #000000 1px solid; min-width: 24.75pt; text-align: right;
padding-bottom: 2.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3.5pt;">(60,963<font style="position: absolute;">)</font></td>
<td style="border-bottom: #cceeff 1px solid; width: 0pt; padding: 0pt;">​</td>
<td style="border-bottom: #cceeff 1px solid; width: 0pt; padding: 0pt;">​</td>
</tr>
<tr style="text-align: right; text-transform: none; font: 10pt/10pt 'times new roman', times, serif; white-space: nowrap; color: #000000; vertical-align: bottom;">
<td style="text-align: left; padding-bottom: 3.25pt; padding-left: 0pt; width: 263.55pt; padding-right: 0pt; padding-top: 3.25pt;">
<div style="margin-left: 10pt;">Net</div>
</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="border-bottom: #000000 3px double; min-width: 3.75pt; text-align: right; padding-bottom: 2.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.25pt;">$</td>
<td style="border-bottom: #000000 3px double; min-width: 27pt; text-align: right; padding-bottom: 2.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3.25pt;">461,205</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="border-bottom: #000000 3px double; min-width: 3.75pt; text-align: right; padding-bottom: 2.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.25pt;">$</td>
<td style="border-bottom: #000000 3px double; min-width: 24.75pt; text-align: right; padding-bottom: 2.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3.25pt;">396,212</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="border-bottom: #000000 3px double; min-width: 3.75pt; text-align: right; padding-bottom: 2.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.25pt;">$</td>
<td style="border-bottom: #000000 3px double; min-width: 24.75pt; text-align: right; padding-bottom: 2.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3.25pt;">328,078</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
</tr>
<tr style="text-align: left; text-transform: none; background-color: #cceeff; font: 10pt/10pt 'times new roman', times, serif; white-space: nowrap; color: #000000; vertical-align: bottom;">
<td style="padding-bottom: 1.5pt; padding-left: 0pt; width: 263.55pt; padding-right: 0pt; padding-top: 2.75pt;">Losses and loss adjustment expenses:</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td colspan="6">​</td>
<td colspan="6">​</td>
<td colspan="6">​</td>
</tr>
<tr style="text-align: right; text-transform: none; font: 10pt/10pt 'times new roman', times, serif; white-space: nowrap; color: #000000; vertical-align: bottom;">
<td style="text-align: left; padding-bottom: 1.5pt; padding-left: 0pt; width: 263.55pt; padding-right: 0pt; padding-top: 3.5pt;">
<div style="margin-left: 10pt;">Direct</div>
</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="min-width: 3.75pt; text-align: right; padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.5pt;">$</td>
<td style="min-width: 27pt; text-align: right; padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3.5pt;">201,755</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="min-width: 3.75pt; text-align: right; padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.5pt;">$</td>
<td style="min-width: 24.75pt; text-align: right; padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3.5pt;">144,178</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="min-width: 3.75pt; text-align: right; padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.5pt;">$</td>
<td style="min-width: 24.75pt; text-align: right; padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3.5pt;">73,948</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
</tr>
<tr style="text-align: right; text-transform: none; background-color: #cceeff; font: 10pt/10pt 'times new roman', times, serif; white-space: nowrap; color: #000000; vertical-align: bottom;">
<td style="text-align: left; padding-bottom: 1.5pt; padding-left: 0pt; width: 263.55pt; padding-right: 0pt; padding-top: 3.5pt;">
<div style="margin-left: 10pt;">Assumed</div>
</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="min-width: 3.75pt; text-align: right; padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.5pt;">​</td>
<td style="min-width: 27pt; text-align: right; padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3.5pt;">127,276</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="min-width: 3.75pt; text-align: right; padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.5pt;">​</td>
<td style="min-width: 24.75pt; text-align: right; padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3.5pt;">118,515</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="min-width: 3.75pt; text-align: right; padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.5pt;">​</td>
<td style="min-width: 24.75pt; text-align: right; padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3.5pt;">141,340</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
</tr>
<tr style="text-align: right; text-transform: none; font: 10pt/10pt 'times new roman', times, serif; white-space: nowrap; color:
#000000; vertical-align: bottom;">
<td style="border-bottom: #ffffff 1px solid; text-align: left; padding-bottom: 2.5pt; padding-left: 0pt; width: 263.55pt; padding-right: 0pt; padding-top: 3.5pt;">
<div style="margin-left: 10pt;">Ceded</div>
</td>
<td style="border-bottom: #ffffff 1px solid; width: 6pt; padding: 0pt;">​</td>
<td style="border-bottom: #ffffff 1px solid; width: 6pt; padding: 0pt;">​</td>
<td style="border-bottom: #ffffff 1px solid; width: 0pt; padding: 0pt;">​</td>
<td style="border-bottom: #000000 1px solid; min-width: 3.75pt; text-align: right; padding-bottom: 2.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.5pt;">​</td>
<td style="border-bottom: #000000 1px solid; min-width: 27pt; text-align: right; padding-bottom: 2.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3.5pt;">(50,015<font style="position: absolute;">)</font></td>
<td style="border-bottom: #ffffff 1px solid; width: 0pt; padding: 0pt;">​</td>
<td style="border-bottom: #ffffff 1px solid; width: 6pt; padding: 0pt;">​</td>
<td style="border-bottom: #ffffff 1px solid; width: 6pt; padding: 0pt;">​</td>
<td style="border-bottom: #ffffff 1px solid; width: 0pt; padding: 0pt;">​</td>
<td style="border-bottom: #000000 1px solid; min-width: 3.75pt; text-align: right; padding-bottom: 2.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.5pt;">​</td>
<td style="border-bottom: #000000 1px solid; min-width: 24.75pt; text-align: right; padding-bottom: 2.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3.5pt;">(25,325<font style="position: absolute;">)</font></td>
<td style="border-bottom: #ffffff 1px solid; width: 0pt; padding: 0pt;">​</td>
<td style="border-bottom: #ffffff 1px solid; width: 6pt; padding: 0pt;">​</td>
<td style="border-bottom: #ffffff 1px solid; width: 6pt; padding: 0pt;">​</td>
<td style="border-bottom: #ffffff 1px solid; width: 0pt; padding: 0pt;">​</td>
<td style="border-bottom: #000000 1px solid; min-width: 3.75pt; text-align: right; padding-bottom: 2.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.5pt;">​</td>
<td style="border-bottom: #000000 1px solid; min-width: 24.75pt; text-align: right; padding-bottom: 2.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3.5pt;">(30,802<font style="position: absolute;">)</font></td>
<td style="border-bottom: #ffffff 1px solid; width: 0pt; padding: 0pt;">​</td>
<td style="border-bottom: #ffffff 1px solid; width: 0pt; padding: 0pt;">​</td>
</tr>
<tr style="text-align: right; text-transform: none; background-color: #cceeff; font: 10pt/10pt 'times new roman', times, serif; white-space: nowrap; color: #000000; vertical-align: bottom;">
<td style="text-align: left; padding-bottom: 2.75pt; padding-left: 0pt; width: 263.55pt; padding-right: 0pt; padding-top: 3.25pt;">
<div style="margin-left: 10pt;">Net</div>
</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="border-bottom: #000000 3px double; min-width: 3.75pt; text-align: right; padding-bottom: 2pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.25pt;">$</td>
<td style="border-bottom: #000000 3px double; min-width: 27pt; text-align: right; padding-bottom: 2pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3.25pt;">279,016</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="border-bottom: #000000 3px double; min-width: 3.75pt; text-align: right; padding-bottom: 2pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.25pt;">$</td>
<td style="border-bottom: #000000 3px double; min-width: 24.75pt; text-align: right; padding-bottom: 2pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3.25pt;">237,368</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="border-bottom: #000000 3px double; min-width: 3.75pt; text-align: right; padding-bottom: 2pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.25pt;">$</td>
<td style="border-bottom: #000000 3px double; min-width: 24.75pt; text-align: right; padding-bottom: 2pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3.25pt;">184,486</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
</tr>
<tr style="line-height: 4pt; height: 4pt;">
<td style="line-height: 0pt; font-size: 0pt; padding: 0pt;" colspan="23">​</td>
</tr>
</table>
<div style="widows: 1; text-transform: none; text-indent: 0px; margin: 0pt; font: 0pt/0pt 'times new roman', times, serif; white-space: normal; letter-spacing: normal; color: #000000; clear: both; word-spacing: 0px; -webkit-text-stroke-width: 0px; padding: 0pt;">​</div>
<table align="center" style="widows: 1; text-transform: none; margin-top: 1pt; text-indent: 0px; width: 100%; border-collapse: collapse; font: 13px 'times new roman', times, serif; white-space: normal; letter-spacing: normal; height: 171px; color: #000000; word-spacing: 0px; -webkit-text-stroke-width: 0px;" border="0">
<tr style="text-align: left; text-transform: none; font: bold 8pt/8pt 'times new roman', times, serif; white-space: nowrap; color: #000000; vertical-align: bottom;">
<td style="border-bottom: #ffffff 1px solid; padding-bottom: 0.5pt; padding-left: 0pt; width: 288.55pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="border-bottom: #ffffff 1px solid; width: 6pt; padding: 0pt;">​</td>
<td style="border-bottom: #ffffff 1px solid; width: 6pt; padding: 0pt;">​</td>
<td style="border-bottom: #000000 1px solid; text-align: center; padding-bottom: 2.5pt; padding-left: 0pt; width: 0pt; padding-right: 0pt; padding-top: 0pt;" colspan="16">
<div style="text-align: center; white-space: nowrap;">Year Ended December 31,</div>
</td>
<td style="border-bottom: #ffffff 1px solid; width: 0pt; padding: 0pt;">​</td>
</tr>
<tr style="text-align: center; text-transform: none; font: bold 8pt/8pt 'times new roman', times, serif; white-space: nowrap; color: #000000; vertical-align: bottom;">
<td style="border-bottom: #ffffff 1px solid; text-align: left; padding-bottom: 0.5pt; padding-left: 0pt; width: 288.55pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="border-bottom: #ffffff 1px solid; width: 6pt; padding: 0pt;">​</td>
<td style="border-bottom: #ffffff 1px solid; width: 6pt; padding: 0pt;">​</td>
<td style="border-bottom: #000000 1px solid; padding-bottom: 2.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.25pt;" colspan="4">
<div style="text-align: center; white-space: nowrap;">2015</div>
</td>
<td style="border-bottom: #ffffff 1px solid; width: 6pt; padding: 0pt;">​</td>
<td style="border-bottom: #ffffff 1px solid; width: 6pt; padding: 0pt;">​</td>
<td style="border-bottom: #000000 1px solid; padding-bottom: 2.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.25pt;" colspan="4">
<div style="text-align: center; white-space: nowrap;">2014</div>
</td>
<td style="border-bottom: #ffffff 1px solid; width: 6pt; padding: 0pt;">​</td>
<td style="border-bottom: #ffffff 1px solid; width: 6pt; padding: 0pt;">​</td>
<td style="border-bottom: #000000 1px solid; padding-bottom: 2.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.25pt;" colspan="4">
<div style="text-align: center; white-space: nowrap;">2013</div>
</td>
<td style="border-bottom: #ffffff 1px solid; width: 0pt; padding: 0pt;">​</td>
</tr>
<tr style="text-align: left; text-transform: none; font: bold italic 8pt/8pt 'times new roman', times, serif; white-space: nowrap; color: #000000; vertical-align: bottom;">
<td style="padding-bottom: 0.5pt; padding-left: 0pt; width: 288.55pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="text-align: center; padding-bottom: 0.5pt; padding-left: 0pt; width: 0pt; padding-right: 0pt; padding-top: 3.25pt;" colspan="16">
<div style="text-align: center; white-space: nowrap;">(in thousands)</div>
</td>
<td style="width: 0pt; padding: 0pt;">​</td>
</tr>
<tr style="text-align: right; text-transform: none; background-color: #cceeff; font: 10pt/10pt 'times new roman', times, serif; white-space: nowrap; color: #000000; vertical-align: bottom;">
<td style="text-align: left; padding-bottom: 1.5pt; padding-left: 0pt; width: 288.55pt; padding-right: 0pt; padding-top: 3.5pt;">
<div style="white-space: nowrap;">Expected Federal income tax expense</div>
</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="min-width: 3.75pt; text-align: right; padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.5pt;">$</td>
<td style="min-width: 17.25pt; text-align: right; padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3.5pt;">5,317</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="min-width: 3.75pt; text-align: right; padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.5pt;">$</td>
<td style="min-width: 19.5pt; text-align: right; padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3.5pt;">3,166</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="min-width: 3.75pt; text-align: right; padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.5pt;">$</td>
<td style="min-width: 21pt; text-align: right; padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3.5pt;">10,906</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
</tr>
<tr style="text-align: right; text-transform: none; font: 10pt/10pt 'times new roman', times, serif; white-space: nowrap; color: #000000; vertical-align: bottom;">
<td style="text-align: left; padding-bottom: 1.5pt; padding-left: 0pt; width: 288.55pt; padding-right: 0pt; padding-top: 3.5pt;">
<div style="white-space: nowrap;">Tax-exempt investment income</div>
</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="min-width: 3.75pt; text-align: right; padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.5pt;">​</td>
<td style="min-width: 17.25pt; text-align: right; padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3.5pt;">(858<font style="position: absolute;">)</font></td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="min-width: 3.75pt; text-align: right; padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.5pt;">​</td>
<td style="min-width: 19.5pt; text-align: right; padding-bottom: 1.5pt; padding-left: 0pt;
padding-right: 0pt; white-space: nowrap; padding-top: 3.5pt;">(751<font style="position: absolute;">)</font></td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="min-width: 3.75pt; text-align: right; padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.5pt;">​</td>
<td style="min-width: 21pt; text-align: right; padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3.5pt;">(769<font style="position: absolute;">)</font></td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
</tr>
<tr style="text-align: right; text-transform: none; background-color: #cceeff; font: 10pt/10pt 'times new roman', times, serif; white-space: nowrap; color: #000000; vertical-align: bottom;">
<td style="text-align: left; padding-bottom: 1.5pt; padding-left: 0pt; width: 288.55pt; padding-right: 0pt; padding-top: 3.5pt;">
<div style="white-space: nowrap;">Dividends received deduction</div>
</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="min-width: 3.75pt; text-align: right; padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.5pt;">​</td>
<td style="min-width: 17.25pt; text-align: right; padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3.5pt;">(867<font style="position: absolute;">)</font></td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="min-width: 3.75pt; text-align: right; padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.5pt;">​</td>
<td style="min-width: 19.5pt; text-align: right; padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3.5pt;">(740<font style="position: absolute;">)</font></td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="min-width: 3.75pt; text-align: right; padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.5pt;">​</td>
<td style="min-width: 21pt; text-align: right; padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3.5pt;">(583<font style="position: absolute;">)</font></td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
</tr>
<tr style="text-align: right; text-transform: none; font: 10pt/10pt 'times new roman', times, serif; white-space: nowrap; color: #000000; vertical-align: bottom;">
<td style="text-align: left; padding-bottom: 1.5pt; padding-left: 0pt; width: 288.55pt; padding-right: 0pt; padding-top: 3.5pt;">
<div style="white-space: nowrap;">Tax credits on renewable energy investments</div>
</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="min-width: 3.75pt; text-align: right; padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.5pt;">​</td>
<td style="min-width: 17.25pt; text-align: right; padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3.5pt;">—</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="min-width: 3.75pt; text-align: right; padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.5pt;">​</td>
<td style="min-width: 19.5pt; text-align: right; padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3.5pt;">(2,033<font style="position: absolute;">)</font></td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="min-width: 3.75pt; text-align: right; padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.5pt;">​</td>
<td style="min-width: 21pt; text-align: right; padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3.5pt;">—</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
</tr>
<tr style="text-align: right; text-transform: none; background-color: #cceeff; font: 10pt/10pt 'times new roman', times, serif; white-space: nowrap; color: #000000; vertical-align: bottom;">
<td style="border-bottom: #cceeff 1px solid; text-align: left; padding-bottom: 2.5pt; padding-left: 0pt; width: 288.55pt; padding-right: 0pt; padding-top: 3.5pt;">
<div style="white-space: nowrap;">Other</div>
</td>
<td style="border-bottom: #cceeff 1px solid; width: 6pt; padding: 0pt;">​</td>
<td style="border-bottom: #cceeff 1px solid; width: 6pt; padding: 0pt;">​</td>
<td style="border-bottom: #cceeff 1px solid; width: 0pt; padding: 0pt;">​</td>
<td style="border-bottom: #000000 1px solid; min-width: 3.75pt; text-align: right; padding-bottom: 2.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.5pt;">​</td>
<td style="border-bottom: #000000 1px solid; min-width: 17.25pt; text-align: right; padding-bottom: 2.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3.5pt;">379</td>
<td style="border-bottom: #cceeff 1px solid; width: 0pt; padding: 0pt;">​</td>
<td style="border-bottom: #cceeff 1px solid; width: 6pt; padding: 0pt;">​</td>
<td style="border-bottom: #cceeff 1px solid; width: 6pt; padding: 0pt;">​</td>
<td style="border-bottom: #cceeff 1px solid; width: 0pt; padding: 0pt;">​</td>
<td style="border-bottom: #000000 1px solid; min-width: 3.75pt; text-align: right; padding-bottom: 2.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.5pt;">​</td>
<td style="border-bottom: #000000 1px solid; min-width: 19.5pt; text-align: right; padding-bottom: 2.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3.5pt;">897</td>
<td style="border-bottom: #cceeff 1px solid; width: 0pt; padding: 0pt;">​</td>
<td style="border-bottom: #cceeff 1px solid; width: 6pt; padding: 0pt;">​</td>
<td style="border-bottom: #cceeff 1px solid; width: 6pt; padding: 0pt;">​</td>
<td style="border-bottom: #cceeff 1px solid; width: 0pt; padding:
0pt;">​</td>
<td style="border-bottom: #000000 1px solid; min-width: 3.75pt; text-align: right; padding-bottom: 2.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.5pt;">​</td>
<td style="border-bottom: #000000 1px solid; min-width: 21pt; text-align: right; padding-bottom: 2.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3.5pt;">187</td>
<td style="border-bottom: #cceeff 1px solid; width: 0pt; padding: 0pt;">​</td>
<td style="border-bottom: #cceeff 1px solid; width: 0pt; padding: 0pt;">​</td>
</tr>
<tr style="text-align: right; text-transform: none; font: 10pt/10pt 'times new roman', times, serif; white-space: nowrap; color: #000000; vertical-align: bottom;">
<td style="text-align: left; padding-bottom: 1.5pt; padding-left: 0pt; width: 288.55pt; padding-right: 0pt; padding-top: 3.25pt;">
<div style="white-space: nowrap;">Federal income tax expense</div>
</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="min-width: 3.75pt; text-align: right; padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.25pt;">$</td>
<td style="min-width: 17.25pt; text-align: right; padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3.25pt;">3,971</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="min-width: 3.75pt; text-align: right; padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.25pt;">$</td>
<td style="min-width: 19.5pt; text-align: right; padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3.25pt;">539</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="min-width: 3.75pt; text-align: right; padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.25pt;">$</td>
<td style="min-width: 21pt; text-align: right; padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3.25pt;">9,741</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
</tr>
<tr style="text-align: right; text-transform: none; background-color: #cceeff; font: 10pt/10pt 'times new roman', times, serif; white-space: nowrap; color: #000000; vertical-align: bottom;">
<td style="text-align: left; padding-bottom: 1.5pt; padding-left: 0pt; width: 288.55pt; padding-right: 0pt; padding-top: 3.5pt;">
<div style="white-space: nowrap;">U.S. state income tax (benefit) expense</div>
</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="min-width: 3.75pt; text-align: right; padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.5pt;">​</td>
<td style="min-width: 17.25pt; text-align: right; padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3.5pt;">(192<font style="position: absolute;">)</font></td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="min-width: 3.75pt; text-align: right; padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.5pt;">​</td>
<td style="min-width: 19.5pt; text-align: right; padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3.5pt;">400</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="min-width: 3.75pt; text-align: right; padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.5pt;">​</td>
<td style="min-width: 21pt; text-align: right; padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3.5pt;">—</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
</tr>
<tr style="text-align: right; text-transform: none; font: 10pt/10pt 'times new roman', times, serif; white-space: nowrap; color: #000000; vertical-align: bottom;">
<td style="border-bottom: #ffffff 1px solid; text-align: left; padding-bottom: 2.5pt; padding-left: 0pt; width: 288.55pt; padding-right: 0pt; padding-top: 3.5pt;">
<div style="white-space: nowrap;">U.S. dividend withholding tax</div>
</td>
<td style="border-bottom: #ffffff 1px solid; width: 6pt; padding: 0pt;">​</td>
<td style="border-bottom: #ffffff 1px solid; width: 6pt; padding: 0pt;">​</td>
<td style="border-bottom: #ffffff 1px solid; width: 0pt; padding: 0pt;">​</td>
<td style="border-bottom: #000000 1px solid; min-width: 3.75pt; text-align: right; padding-bottom: 2.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.5pt;">​</td>
<td style="border-bottom: #000000 1px solid; min-width: 17.25pt; text-align: right; padding-bottom: 2.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3.5pt;">2,500</td>
<td style="border-bottom: #ffffff 1px solid; width: 0pt; padding: 0pt;">​</td>
<td style="border-bottom: #ffffff 1px solid; width: 6pt; padding: 0pt;">​</td>
<td style="border-bottom: #ffffff 1px solid; width: 6pt; padding: 0pt;">​</td>
<td style="border-bottom: #ffffff 1px solid; width: 0pt; padding: 0pt;">​</td>
<td style="border-bottom: #000000 1px solid; min-width: 3.75pt; text-align: right; padding-bottom: 2.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.5pt;">​</td>
<td style="border-bottom: #000000 1px solid; min-width: 19.5pt; text-align: right; padding-bottom: 2.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3.5pt;">—</td>
<td style="border-bottom: #ffffff 1px solid; width: 0pt; padding: 0pt;">​</td>
<td style="border-bottom: #ffffff 1px solid; width: 6pt; padding: 0pt;">​</td>
<td style="border-bottom: #ffffff 1px solid; width: 6pt; padding: 0pt;">​</td>
<td style="border-bottom: #ffffff 1px solid; width: 0pt; padding: 0pt;">​</td>
<td style="border-bottom: #000000 1px solid; min-width: 3.75pt; text-align: right; padding-bottom: 2.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.5pt;">​</td>
<td style="border-bottom: #000000 1px solid; min-width: 21pt; text-align: right; padding-bottom: 2.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap;
padding-top: 3.5pt;">—</td>
<td style="border-bottom: #ffffff 1px solid; width: 0pt; padding: 0pt;">​</td>
<td style="border-bottom: #ffffff 1px solid; width: 0pt; padding: 0pt;">​</td>
</tr>
<tr style="text-align: right; text-transform: none; background-color: #cceeff; font: 10pt/10pt 'times new roman', times, serif; white-space: nowrap; color: #000000; vertical-align: bottom;">
<td style="text-align: left; padding-bottom: 2.75pt; padding-left: 0pt; width: 288.55pt; padding-right: 0pt; padding-top: 3.25pt;">
<div style="white-space: nowrap;">Total income tax expense</div>
</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="border-bottom: #000000 3px double; min-width: 3.75pt; text-align: right; padding-bottom: 2pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.25pt;">$</td>
<td style="border-bottom: #000000 3px double; min-width: 17.25pt; text-align: right; padding-bottom: 2pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3.25pt;">6,279</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="border-bottom: #000000 3px double; min-width: 3.75pt; text-align: right; padding-bottom: 2pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.25pt;">$</td>
<td style="border-bottom: #000000 3px double; min-width: 19.5pt; text-align: right; padding-bottom: 2pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3.25pt;">939</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="border-bottom: #000000 3px double; min-width: 3.75pt; text-align: right; padding-bottom: 2pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.25pt;">$</td>
<td style="border-bottom: #000000 3px double; min-width: 21pt; text-align: right; padding-bottom: 2pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3.25pt;">9,741</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
</tr>
<tr style="line-height: 4pt; height: 4pt;">
<td style="line-height: 0pt; font-size: 0pt; padding: 0pt;" colspan="23">​</td>
</tr>
</table>
<table align="center" style="widows: 1; text-transform: none; text-indent: 0px; width: 100%; border-collapse: collapse; font: 13px 'times new roman', times, serif; white-space: normal; letter-spacing: normal; height: 292px; color: #000000; word-spacing: 0px; -webkit-text-stroke-width: 0px;" border="0">
<tr style="text-align: left; text-transform: none; font: bold 8pt/8pt 'times new roman', times, serif; white-space: nowrap; color: #000000; vertical-align: bottom;">
<td style="border-bottom: #ffffff 1px solid; padding-bottom: 0.5pt; padding-left: 0pt; width: 326.59pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="border-bottom: #ffffff 1px solid; width: 6pt; padding: 0pt;">​</td>
<td style="border-bottom: #ffffff 1px solid; width: 6pt; padding: 0pt;">​</td>
<td style="border-bottom: #000000 1px solid; text-align: center; padding-bottom: 1.5pt; padding-left: 0pt; width: 0pt; padding-right: 0pt; padding-top: 0pt;" colspan="10">
<div style="text-align: center; white-space: nowrap;">December 31,</div>
</td>
<td style="border-bottom: #ffffff 1px solid; width: 0pt; padding: 0pt;">​</td>
</tr>
<tr style="text-align: center; text-transform: none; font: bold 8pt/8pt 'times new roman', times, serif; white-space: nowrap; color: #000000; vertical-align: bottom;">
<td style="border-bottom: #ffffff 1px solid; text-align: left; padding-bottom: 0.5pt; padding-left: 0pt; width: 326.59pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="border-bottom: #ffffff 1px solid; width: 6pt; padding: 0pt;">​</td>
<td style="border-bottom: #ffffff 1px solid; width: 6pt; padding: 0pt;">​</td>
<td style="border-bottom: #000000 1px solid; padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 2.25pt;" colspan="4">
<div style="text-align: center; white-space: nowrap;">2015</div>
</td>
<td style="border-bottom: #ffffff 1px solid; width: 6pt; padding: 0pt;">​</td>
<td style="border-bottom: #ffffff 1px solid; width: 6pt; padding: 0pt;">​</td>
<td style="border-bottom: #000000 1px solid; padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 2.25pt;" colspan="4">
<div style="text-align: center; white-space: nowrap;">2014</div>
</td>
<td style="border-bottom: #ffffff 1px solid; width: 0pt; padding: 0pt;">​</td>
</tr>
<tr style="text-align: left; text-transform: none; font: bold italic 8pt/8pt 'times new roman', times, serif; white-space: nowrap; color: #000000; vertical-align: bottom;">
<td style="padding-bottom: 0.5pt; padding-left: 0pt; width: 326.59pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="text-align: center; padding-bottom: 0.5pt; padding-left: 0pt; width: 0pt; padding-right: 0pt; padding-top: 2.25pt;" colspan="10">
<div style="text-align: center; white-space: nowrap;">(in thousands)</div>
</td>
<td style="width: 0pt; padding: 0pt;">​</td>
</tr>
<tr style="text-align: left; text-transform: none; background-color: #cceeff; font: 10pt/10pt 'times new roman', times, serif; white-space: nowrap; color: #000000; vertical-align: bottom;">
<td style="padding-bottom: 0.5pt; padding-left: 0pt; width: 326.59pt; padding-right: 0pt; padding-top: 2.5pt;">Deferred tax assets:</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td colspan="6">​</td>
<td colspan="6">​</td>
</tr>
<tr style="text-align: right; text-transform: none; font: 10pt/10pt 'times new roman', times, serif; white-space: nowrap; color: #000000; vertical-align: bottom;">
<td style="text-align: left; padding-bottom: 0.5pt; padding-left: 0pt; width: 326.59pt; padding-right: 0pt; padding-top: 2.5pt;">
<div style="margin-left: 10pt;">Accrued compensation expenses</div>
</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="min-width: 3.75pt; text-align: right; padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 2.5pt;">$</td>
<td style="min-width: 21pt; text-align: right; padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 2.5pt;">5,318</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="min-width: 3.75pt; text-align: right; padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 2.5pt;">$</td>
<td style="min-width: 21pt; text-align: right; padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 2.5pt;">5,673</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
</tr>
<tr style="text-align: right; text-transform: none; background-color: #cceeff; font: 10pt/10pt 'times new roman', times, serif; white-space: nowrap; color: #000000; vertical-align: bottom;">
<td style="text-align: left; padding-bottom: 0.5pt; padding-left: 0pt; width: 326.59pt; padding-right: 0pt; padding-top: 2.5pt;">
<div style="margin-left: 10pt;">Reserve for losses and loss adjustment expenses</div>
</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="min-width: 3.75pt; text-align: right; padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 2.5pt;">​</td>
<td style="min-width: 21pt; text-align: right; padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 2.5pt;">4,861</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="min-width: 3.75pt; text-align: right; padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 2.5pt;">​</td>
<td style="min-width: 21pt; text-align: right; padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 2.5pt;">5,112</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
</tr>
<tr style="text-align: right; text-transform: none; font: 10pt/10pt 'times new roman', times, serif; white-space: nowrap; color: #000000; vertical-align: bottom;">
<td style="text-align: left; padding-bottom: 0.5pt; padding-left: 0pt; width: 326.59pt; padding-right: 0pt; padding-top: 2.5pt;">
<div style="margin-left: 10pt;">Unearned premiums</div>
</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="min-width: 3.75pt; text-align: right; padding-bottom: 0.5pt; padding-left: 0pt;
padding-right: 0pt; padding-top: 2.5pt;">​</td>
<td style="min-width: 21pt; text-align: right; padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 2.5pt;">2,474</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="min-width: 3.75pt; text-align: right; padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 2.5pt;">​</td>
<td style="min-width: 21pt; text-align: right; padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 2.5pt;">2,130</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
</tr>
<tr style="text-align: right; text-transform: none; background-color: #cceeff; font: 10pt/10pt 'times new roman', times, serif; white-space: nowrap; color: #000000; vertical-align: bottom;">
<td style="text-align: left; padding-bottom: 0.5pt; padding-left: 0pt; width: 326.59pt; padding-right: 0pt; padding-top: 2.5pt;">
<div style="margin-left: 10pt;">Share based compensation</div>
</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="min-width: 3.75pt; text-align: right; padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 2.5pt;">​</td>
<td style="min-width: 21pt; text-align: right; padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 2.5pt;">1,948</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="min-width: 3.75pt; text-align: right; padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 2.5pt;">​</td>
<td style="min-width: 21pt; text-align: right; padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 2.5pt;">2,856</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
</tr>
<tr style="text-align: right; text-transform: none; font: 10pt/10pt 'times new roman', times, serif; white-space: nowrap; color: #000000; vertical-align: bottom;">
<td style="text-align: left; padding-bottom: 0.5pt; padding-left: 0pt; width: 326.59pt; padding-right: 0pt; padding-top: 2.5pt;">
<div style="margin-left: 10pt;">Allowance for doubtful accounts</div>
</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="min-width: 3.75pt; text-align: right; padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 2.5pt;">​</td>
<td style="min-width: 21pt; text-align: right; padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 2.5pt;">972</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="min-width: 3.75pt; text-align: right; padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 2.5pt;">​</td>
<td style="min-width: 21pt; text-align: right; padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 2.5pt;">695</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
</tr>
<tr style="text-align: right; text-transform: none; background-color: #cceeff; font: 10pt/10pt 'times new roman', times, serif; white-space: nowrap; color: #000000; vertical-align: bottom;">
<td style="text-align: left; padding-bottom: 0.5pt; padding-left: 0pt; width: 326.59pt; padding-right: 0pt; padding-top: 2.5pt;">
<div style="margin-left: 10pt;">Deferred policy acquisition costs</div>
</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="min-width: 3.75pt; text-align: right; padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 2.5pt;">​</td>
<td style="min-width: 21pt; text-align: right; padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 2.5pt;">593</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="min-width: 3.75pt; text-align: right; padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 2.5pt;">​</td>
<td style="min-width: 21pt; text-align: right; padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 2.5pt;">123</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
</tr>
<tr style="text-align: right; text-transform: none; font: 10pt/10pt 'times new roman', times, serif; white-space: nowrap; color: #000000; vertical-align: bottom;">
<td style="text-align: left; padding-bottom: 0.5pt; padding-left: 0pt; width: 326.59pt; padding-right: 0pt; padding-top: 2.5pt;">
<div style="margin-left: 10pt;">Property and equipment</div>
</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="min-width: 3.75pt; text-align: right; padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 2.5pt;">​</td>
<td style="min-width: 21pt; text-align: right; padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 2.5pt;">2,221</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="min-width: 3.75pt; text-align: right; padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 2.5pt;">​</td>
<td style="min-width: 21pt; text-align: right; padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 2.5pt;">1,771</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
</tr>
<tr style="text-align: right; text-transform: none; background-color: #cceeff; font: 10pt/10pt 'times new roman', times, serif; white-space: nowrap; color: #000000; vertical-align: bottom;">
<td style="text-align: left; padding-bottom: 0.5pt; padding-left: 0pt; width: 326.59pt; padding-right: 0pt; padding-top: 2.5pt;">
<div
style="margin-left: 10pt;">AMT credit</div>
</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="min-width: 3.75pt; text-align: right; padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 2.5pt;">​</td>
<td style="min-width: 21pt; text-align: right; padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 2.5pt;">430</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="min-width: 3.75pt; text-align: right; padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 2.5pt;">​</td>
<td style="min-width: 21pt; text-align: right; padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 2.5pt;">—</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
</tr>
<tr style="text-align: right; text-transform: none; font: 10pt/10pt 'times new roman', times, serif; white-space: nowrap; color: #000000; vertical-align: bottom;">
<td style="text-align: left; padding-bottom: 0.5pt; padding-left: 0pt; width: 326.59pt; padding-right: 0pt; padding-top: 2.5pt;">
<div style="margin-left: 10pt;">Invested asset impairments</div>
</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="min-width: 3.75pt; text-align: right; padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 2.5pt;">​</td>
<td style="min-width: 21pt; text-align: right; padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 2.5pt;">891</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="min-width: 3.75pt; text-align: right; padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 2.5pt;">​</td>
<td style="min-width: 21pt; text-align: right; padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 2.5pt;">824</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
</tr>
<tr style="text-align: right; text-transform: none; background-color: #cceeff; font: 10pt/10pt 'times new roman', times, serif; white-space: nowrap; color: #000000; vertical-align: bottom;">
<td style="border-bottom: #cceeff 1px solid; text-align: left; padding-bottom: 1.5pt; padding-left: 0pt; width: 326.59pt; padding-right: 0pt; padding-top: 2.5pt;">
<div style="margin-left: 10pt;">Other</div>
</td>
<td style="border-bottom: #cceeff 1px solid; width: 6pt; padding: 0pt;">​</td>
<td style="border-bottom: #cceeff 1px solid; width: 6pt; padding: 0pt;">​</td>
<td style="border-bottom: #cceeff 1px solid; width: 0pt; padding: 0pt;">​</td>
<td style="border-bottom: #000000 1px solid; min-width: 3.75pt; text-align: right; padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 2.5pt;">​</td>
<td style="border-bottom: #000000 1px solid; min-width: 21pt; text-align: right; padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 2.5pt;">2,209</td>
<td style="border-bottom: #cceeff 1px solid; width: 0pt; padding: 0pt;">​</td>
<td style="border-bottom: #cceeff 1px solid; width: 6pt; padding: 0pt;">​</td>
<td style="border-bottom: #cceeff 1px solid; width: 6pt; padding: 0pt;">​</td>
<td style="border-bottom: #cceeff 1px solid; width: 0pt; padding: 0pt;">​</td>
<td style="border-bottom: #000000 1px solid; min-width: 3.75pt; text-align: right; padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 2.5pt;">​</td>
<td style="border-bottom: #000000 1px solid; min-width: 21pt; text-align: right; padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 2.5pt;">1,851</td>
<td style="border-bottom: #cceeff 1px solid; width: 0pt; padding: 0pt;">​</td>
<td style="border-bottom: #cceeff 1px solid; width: 0pt; padding: 0pt;">​</td>
</tr>
<tr style="text-align: right; text-transform: none; font: 10pt/10pt 'times new roman', times, serif; white-space: nowrap; color: #000000; vertical-align: bottom;">
<td style="text-align: left; padding-bottom: 0.5pt; padding-left: 0pt; width: 326.59pt; padding-right: 0pt; padding-top: 2.25pt;">
<div style="white-space: nowrap;">Total deferred tax assets</div>
</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="min-width: 3.75pt; text-align: right; padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 2.25pt;">​</td>
<td style="min-width: 21pt; text-align: right; padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 2.25pt;">21,917</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="min-width: 3.75pt; text-align: right; padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 2.25pt;">​</td>
<td style="min-width: 21pt; text-align: right; padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 2.25pt;">21,035</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
</tr>
<tr style="text-align: left; text-transform: none; background-color: #cceeff; font: 10pt/10pt 'times new roman', times, serif; white-space: nowrap; color: #000000; vertical-align: bottom;">
<td style="padding-bottom: 0.5pt; padding-left: 0pt; width: 326.59pt; padding-right: 0pt; padding-top: 2.5pt;">Deferred tax liabilities:</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td colspan="6">​</td>
<td colspan="6">​</td>
</tr>
<tr style="text-align: right; text-transform: none; font: 10pt/10pt 'times new roman', times, serif; white-space: nowrap; color: #000000; vertical-align: bottom;">
<td style="text-align: left; padding-bottom: 0.5pt; padding-left: 0pt; width: 326.59pt; padding-right: 0pt; padding-top: 2.5pt;">
<div style="margin-left: 10pt;">Intangible assets</div>
</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="min-width: 3.75pt; text-align: right; padding-bottom: 0.5pt; padding-left: 0pt;
padding-right: 0pt; padding-top: 2.5pt;">​</td>
<td style="min-width: 21pt; text-align: right; padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 2.5pt;">12,573</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="min-width: 3.75pt; text-align: right; padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 2.5pt;">​</td>
<td style="min-width: 21pt; text-align: right; padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 2.5pt;">12,592</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
</tr>
<tr style="text-align: right; text-transform: none; background-color: #cceeff; font: 10pt/10pt 'times new roman', times, serif; white-space: nowrap; color: #000000; vertical-align: bottom;">
<td style="text-align: left; padding-bottom: 0.5pt; padding-left: 0pt; width: 326.59pt; padding-right: 0pt; padding-top: 2.5pt;">
<div style="margin-left: 10pt;">Net unrealized gains</div>
</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="min-width: 3.75pt; text-align: right; padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 2.5pt;">​</td>
<td style="min-width: 21pt; text-align: right; padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 2.5pt;">3,310</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="min-width: 3.75pt; text-align: right; padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 2.5pt;">​</td>
<td style="min-width: 21pt; text-align: right; padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 2.5pt;">4,248</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
</tr>
<tr style="text-align: right; text-transform: none; font: 10pt/10pt 'times new roman', times, serif; white-space: nowrap; color: #000000; vertical-align: bottom;">
<td style="text-align: left; padding-bottom: 0.5pt; padding-left: 0pt; width: 326.59pt; padding-right: 0pt; padding-top: 2.5pt;">
<div style="margin-left: 10pt;">Deferred gain on extinguishment of debt</div>
</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="min-width: 3.75pt; text-align: right; padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 2.5pt;">​</td>
<td style="min-width: 21pt; text-align: right; padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 2.5pt;">318</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="min-width: 3.75pt; text-align: right; padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 2.5pt;">​</td>
<td style="min-width: 21pt; text-align: right; padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 2.5pt;">424</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
</tr>
<tr style="text-align: right; text-transform: none; background-color: #cceeff; font: 10pt/10pt 'times new roman', times, serif; white-space: nowrap; color: #000000; vertical-align: bottom;">
<td style="text-align: left; padding-bottom: 0.5pt; padding-left: 0pt; width: 326.59pt; padding-right: 0pt; padding-top: 2.5pt;">
<div style="margin-left: 10pt;">Equity method investments</div>
</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="min-width: 3.75pt; text-align: right; padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 2.5pt;">​</td>
<td style="min-width: 21pt; text-align: right; padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 2.5pt;">4,784</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="min-width: 3.75pt; text-align: right; padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 2.5pt;">​</td>
<td style="min-width: 21pt; text-align: right; padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 2.5pt;">2,897</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
</tr>
<tr style="text-align: right; text-transform: none; font: 10pt/10pt 'times new roman', times, serif; white-space: nowrap; color: #000000; vertical-align: bottom;">
<td style="border-bottom: #ffffff 1px solid; text-align: left; padding-bottom: 1.5pt; padding-left: 0pt; width: 326.59pt; padding-right: 0pt; padding-top: 2.5pt;">
<div style="margin-left: 10pt;">Other</div>
</td>
<td style="border-bottom: #ffffff 1px solid; width: 6pt; padding: 0pt;">​</td>
<td style="border-bottom: #ffffff 1px solid; width: 6pt; padding: 0pt;">​</td>
<td style="border-bottom: #ffffff 1px solid; width: 0pt; padding: 0pt;">​</td>
<td style="border-bottom: #000000 1px solid; min-width: 3.75pt; text-align: right; padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 2.5pt;">​</td>
<td style="border-bottom: #000000 1px solid; min-width: 21pt; text-align: right; padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 2.5pt;">464</td>
<td style="border-bottom: #ffffff 1px solid; width: 0pt; padding: 0pt;">​</td>
<td style="border-bottom: #ffffff 1px solid; width: 6pt; padding: 0pt;">​</td>
<td style="border-bottom: #ffffff 1px solid; width: 6pt; padding: 0pt;">​</td>
<td style="border-bottom: #ffffff 1px solid; width: 0pt; padding: 0pt;">​</td>
<td style="border-bottom: #000000 1px solid; min-width: 3.75pt; text-align: right; padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 2.5pt;">​</td>
<td style="border-bottom: #000000 1px solid; min-width: 21pt; text-align: right; padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 2.5pt;">423</td>
<td style="border-bottom: #ffffff 1px solid; width:
0pt; padding: 0pt;">​</td>
<td style="border-bottom: #ffffff 1px solid; width: 0pt; padding: 0pt;">​</td>
</tr>
<tr style="text-align: right; text-transform: none; background-color: #cceeff; font: 10pt/10pt 'times new roman', times, serif; white-space: nowrap; color: #000000; vertical-align: bottom;">
<td style="border-bottom: #cceeff 1px solid; text-align: left; padding-bottom: 1.5pt; padding-left: 0pt; width: 326.59pt; padding-right: 0pt; padding-top: 2.25pt;">
<div style="white-space: nowrap;">Total deferred tax liabilities</div>
</td>
<td style="border-bottom: #cceeff 1px solid; width: 6pt; padding: 0pt;">​</td>
<td style="border-bottom: #cceeff 1px solid; width: 6pt; padding: 0pt;">​</td>
<td style="border-bottom: #cceeff 1px solid; width: 0pt; padding: 0pt;">​</td>
<td style="border-bottom: #000000 1px solid; min-width: 3.75pt; text-align: right; padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 2.25pt;">​</td>
<td style="border-bottom: #000000 1px solid; min-width: 21pt; text-align: right; padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 2.25pt;">21,449</td>
<td style="border-bottom: #cceeff 1px solid; width: 0pt; padding: 0pt;">​</td>
<td style="border-bottom: #cceeff 1px solid; width: 6pt; padding: 0pt;">​</td>
<td style="border-bottom: #cceeff 1px solid; width: 6pt; padding: 0pt;">​</td>
<td style="border-bottom: #cceeff 1px solid; width: 0pt; padding: 0pt;">​</td>
<td style="border-bottom: #000000 1px solid; min-width: 3.75pt; text-align: right; padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 2.25pt;">​</td>
<td style="border-bottom: #000000 1px solid; min-width: 21pt; text-align: right; padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 2.25pt;">20,584</td>
<td style="border-bottom: #cceeff 1px solid; width: 0pt; padding: 0pt;">​</td>
<td style="border-bottom: #cceeff 1px solid; width: 0pt; padding: 0pt;">​</td>
</tr>
<tr style="text-align: right; text-transform: none; font: 10pt/10pt 'times new roman', times, serif; white-space: nowrap; color: #000000; vertical-align: bottom;">
<td style="text-align: left; padding-bottom: 2.75pt; padding-left: 0pt; width: 326.59pt; padding-right: 0pt; padding-top: 2.25pt;">
<div style="white-space: nowrap;">Net deferred tax assets</div>
</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="border-bottom: #000000 3px double; min-width: 3.75pt; text-align: right; padding-bottom: 2pt; padding-left: 0pt; padding-right: 0pt; padding-top: 2.25pt;">$</td>
<td style="border-bottom: #000000 3px double; min-width: 21pt; text-align: right; padding-bottom: 2pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 2.25pt;">468</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="border-bottom: #000000 3px double; min-width: 3.75pt; text-align: right; padding-bottom: 2pt; padding-left: 0pt; padding-right: 0pt; padding-top: 2.25pt;">$</td>
<td style="border-bottom: #000000 3px double; min-width: 21pt; text-align: right; padding-bottom: 2pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 2.25pt;">451</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
</tr>
<tr style="line-height: 5pt; height: 5pt;">
<td style="line-height: 0pt; font-size: 0pt; padding: 0pt;" colspan="16">​</td>
</tr>
</table>
<table style="widows: 1; text-transform: none; margin-top: 8pt; text-indent: 0px; width: 50%; border-collapse: collapse; font: 13px 'times new roman', times, serif; white-space: normal; letter-spacing: normal; height: 100px; color: #000000; margin-left: 30pt; word-spacing: 0px; -webkit-text-stroke-width: 0px;" border="0">
<tr style="text-align: right; text-transform: none; background-color: #cceeff; font: 10pt/10pt 'times new roman', times, serif; white-space: nowrap; color: #000000; vertical-align: bottom;">
<td style="padding: 0pt;">​</td>
<td style="text-align: left; padding-bottom: 1pt; padding-left: 0pt; padding-right: 0pt; padding-top: 0pt;">
<div style="white-space: nowrap;">2016</div>
</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding-bottom: 1pt; padding-left: 0pt; padding-right: 0pt; padding-top: 0pt;">$</td>
<td style="padding-bottom: 1pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 0pt;">3,355</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
</tr>
<tr style="text-align: right; text-transform: none; font: 10pt/10pt 'times new roman', times, serif; white-space: nowrap; color: #000000; vertical-align: bottom;">
<td style="padding: 0pt;">​</td>
<td style="text-align: left; padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.5pt;">
<div style="white-space: nowrap;">2017</div>
</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.5pt;">​</td>
<td style="padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3.5pt;">3,395</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
</tr>
<tr style="text-align: right; text-transform: none; background-color: #cceeff; font: 10pt/10pt 'times new roman', times, serif; white-space: nowrap; color: #000000; vertical-align: bottom;">
<td style="padding: 0pt;">​</td>
<td style="text-align: left; padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.5pt;">
<div style="white-space: nowrap;">2018</div>
</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.5pt;">​</td>
<td style="padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3.5pt;">3,308</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
</tr>
<tr style="text-align: right; text-transform: none; font: 10pt/10pt 'times new roman', times, serif; white-space: nowrap; color: #000000; vertical-align: bottom;">
<td style="padding: 0pt;">​</td>
<td style="text-align: left; padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.5pt;">
<div style="white-space: nowrap;">2019</div>
</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.5pt;">​</td>
<td style="padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3.5pt;">3,219</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
</tr>
<tr style="text-align: right; text-transform: none; background-color: #cceeff; font: 10pt/10pt 'times new roman', times, serif; white-space: nowrap; color: #000000; vertical-align: bottom;">
<td style="padding: 0pt;">​</td>
<td style="text-align: left; padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.5pt;">
<div style="white-space: nowrap;">2020</div>
</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.5pt;">​</td>
<td style="padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3.5pt;">2,992</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
</tr>
<tr style="text-align: right; text-transform: none; font: 10pt/10pt 'times new roman', times, serif; white-space: nowrap; color: #000000; vertical-align: bottom;">
<td style="border-bottom: #ffffff 1px solid; padding: 0pt;">​</td>
<td style="border-bottom: #ffffff 1px solid; text-align: left; padding-bottom: 2.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.5pt;">
<div style="white-space: nowrap;">Thereafter</div>
</td>
<td style="border-bottom: #ffffff 1px solid; padding: 0pt;">​</td>
<td style="border-bottom: #ffffff 1px solid; padding: 0pt;">​</td>
<td style="border-bottom: #ffffff 1px solid; padding: 0pt;">​</td>
<td style="border-bottom: #000000 1px solid; padding-bottom: 2.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.5pt;">​</td>
<td style="border-bottom: #000000 1px solid; padding-bottom: 2.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3.5pt;">13,276</td>
<td style="border-bottom: #ffffff 1px solid; padding: 0pt;">​</td>
<td style="border-bottom: #ffffff 1px solid; padding: 0pt;">​</td>
</tr>
<tr style="text-align: right; text-transform: none; background-color: #cceeff; font: 10pt/10pt 'times new roman', times, serif; white-space: nowrap; color: #000000; vertical-align: bottom;">
<td style="padding: 0pt;">​</td>
<td style="text-align: left; padding-bottom: 0.75pt; padding-left: 0pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="border-bottom: #000000 3px double; padding-bottom: 2pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.25pt;">$</td>
<td style="border-bottom: #000000 3px double; padding-bottom: 2pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3.25pt;">29,545</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
</tr>
<tr style="line-height: 4pt; height: 4pt;">
<td style="line-height: 0pt; font-size: 0pt; padding: 0pt;" colspan="10">​</td>
</tr>
</table>
<div> </div>
<table align="center" style="width: 100%; border-collapse: collapse; height: 240px;" border="0">
<tr style="text-align: left; text-transform: none; font: bold 8pt/8pt 'times new roman', times, serif; white-space: nowrap; color: #000000; vertical-align: bottom;">
<td style="border-bottom: #ffffff 1px solid; padding-bottom: 0.5pt; padding-left: 0pt; width: 306.88pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="border-bottom: #ffffff 1px solid; width: 6pt; padding: 0pt;">​</td>
<td style="border-bottom: #ffffff 1px solid; width: 6pt; padding: 0pt;">​</td>
<td style="border-bottom: #000000 1px solid; text-align: center; padding-bottom: 1.5pt; padding-left: 0pt; width: 0pt; padding-right: 0pt; padding-top: 0pt;" colspan="16">
<div style="text-align: center; white-space: nowrap;">Year Ended December 31,</div>
</td>
<td style="border-bottom: #ffffff 1px solid; width: 0pt; padding: 0pt;">​</td>
</tr>
<tr style="text-align: center; text-transform: none; font: bold 8pt/8pt 'times new roman', times, serif; white-space: nowrap; color: #000000; vertical-align: bottom;">
<td style="border-bottom: #ffffff 1px solid; text-align: left; padding-bottom: 0.5pt; padding-left: 0pt; width: 306.88pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="border-bottom: #ffffff 1px solid; width: 6pt; padding: 0pt;">​</td>
<td style="border-bottom: #ffffff 1px solid; width: 6pt; padding: 0pt;">​</td>
<td style="border-bottom: #000000 1px solid; padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 2.25pt;" colspan="4">
<div style="text-align: center; white-space: nowrap;">2015</div>
</td>
<td style="border-bottom: #ffffff 1px solid; width: 6pt; padding: 0pt;">​</td>
<td style="border-bottom: #ffffff 1px solid; width: 6pt; padding: 0pt;">​</td>
<td style="border-bottom: #000000 1px solid; padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 2.25pt;" colspan="4">
<div style="text-align: center; white-space: nowrap;">2014</div>
</td>
<td style="border-bottom: #ffffff 1px solid; width: 6pt; padding: 0pt;">​</td>
<td style="border-bottom: #ffffff 1px solid; width: 6pt; padding: 0pt;">​</td>
<td style="border-bottom: #000000 1px solid; padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 2.25pt;" colspan="4">
<div style="text-align: center; white-space: nowrap;">2013</div>
</td>
<td style="border-bottom: #ffffff 1px solid; width: 0pt; padding: 0pt;">​</td>
</tr>
<tr style="text-align: left; text-transform: none; font: bold italic 8pt/8pt 'times new roman', times, serif; white-space: nowrap; color: #000000; vertical-align: bottom;">
<td style="padding-bottom: 0.5pt; padding-left: 0pt; width: 306.88pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="text-align: center; padding-bottom: 0.5pt; padding-left: 0pt; width: 0pt; padding-right: 0pt; padding-top: 2.25pt;" colspan="16">
<div style="text-align: center; white-space: nowrap;">(in thousands)</div>
</td>
<td style="width: 0pt; padding: 0pt;">​</td>
</tr>
<tr style="text-align: right; text-transform: none; background-color: #cceeff; font: 10pt/10pt 'times new roman', times, serif; white-space: nowrap; color: #000000; vertical-align: bottom;">
<td style="text-align: left; padding-bottom: 0.5pt; padding-left: 0pt; width: 306.88pt; padding-right: 0pt; padding-top: 2.5pt;">
<div style="white-space: nowrap;">Manufacturers and Contractors</div>
</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="min-width: 3.75pt; text-align: right; padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 2.5pt;">$</td>
<td style="min-width: 24.75pt; text-align: right; padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 2.5pt;">78,315</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="min-width: 3.75pt; text-align: right; padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 2.5pt;">$</td>
<td style="min-width: 24.75pt; text-align: right; padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 2.5pt;">72,063</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="min-width: 3.75pt; text-align: right; padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 2.5pt;">$</td>
<td style="min-width: 24.75pt; text-align: right; padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 2.5pt;">58,509</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
</tr>
<tr style="text-align: right; text-transform: none; font: 10pt/10pt 'times new roman', times, serif; white-space: nowrap; color: #000000; vertical-align: bottom;">
<td style="text-align: left; padding-bottom: 0.5pt; padding-left: 0pt; width: 306.88pt; padding-right: 0pt; padding-top: 2.5pt;">
<div style="white-space: nowrap;">Excess Casualty</div>
</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="min-width: 3.75pt; text-align: right; padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 2.5pt;">​</td>
<td style="min-width: 24.75pt; text-align: right; padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 2.5pt;">32,458</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="min-width: 3.75pt; text-align: right; padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 2.5pt;">​</td>
<td style="min-width: 24.75pt; text-align: right; padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 2.5pt;">31,688</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="min-width: 3.75pt; text-align: right; padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 2.5pt;">​</td>
<td style="min-width: 24.75pt; text-align: right; padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; white-space:
nowrap; padding-top: 2.5pt;">32,489</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
</tr>
<tr style="text-align: right; text-transform: none; background-color: #cceeff; font: 10pt/10pt 'times new roman', times, serif; white-space: nowrap; color: #000000; vertical-align: bottom;">
<td style="text-align: left; padding-bottom: 0.5pt; padding-left: 0pt; width: 306.88pt; padding-right: 0pt; padding-top: 2.5pt;">
<div style="white-space: nowrap;">Allied Health</div>
</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="min-width: 3.75pt; text-align: right; padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 2.5pt;">​</td>
<td style="min-width: 24.75pt; text-align: right; padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 2.5pt;">13,513</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="min-width: 3.75pt; text-align: right; padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 2.5pt;">​</td>
<td style="min-width: 24.75pt; text-align: right; padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 2.5pt;">9,707</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="min-width: 3.75pt; text-align: right; padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 2.5pt;">​</td>
<td style="min-width: 24.75pt; text-align: right; padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 2.5pt;">9,148</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
</tr>
<tr style="text-align: right; text-transform: none; font: 10pt/10pt 'times new roman', times, serif; white-space: nowrap; color: #000000; vertical-align: bottom;">
<td style="text-align: left; padding-bottom: 0.5pt; padding-left: 0pt; width: 306.88pt; padding-right: 0pt; padding-top: 2.5pt;">
<div style="white-space: nowrap;">General Casualty</div>
</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="min-width: 3.75pt; text-align: right; padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 2.5pt;">​</td>
<td style="min-width: 24.75pt; text-align: right; padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 2.5pt;">104,742</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="min-width: 3.75pt; text-align: right; padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 2.5pt;">​</td>
<td style="min-width: 24.75pt; text-align: right; padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 2.5pt;">60,458</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="min-width: 3.75pt; text-align: right; padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 2.5pt;">​</td>
<td style="min-width: 24.75pt; text-align: right; padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 2.5pt;">22,636</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
</tr>
<tr style="text-align: right; text-transform: none; background-color: #cceeff; font: 10pt/10pt 'times new roman', times, serif; white-space: nowrap; color: #000000; vertical-align: bottom;">
<td style="text-align: left; padding-bottom: 0.5pt; padding-left: 0pt; width: 306.88pt; padding-right: 0pt; padding-top: 2.5pt;">
<div style="white-space: nowrap;">Professional Liability</div>
</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="min-width: 3.75pt; text-align: right; padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 2.5pt;">​</td>
<td style="min-width: 24.75pt; text-align: right; padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 2.5pt;">10,046</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="min-width: 3.75pt; text-align: right; padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 2.5pt;">​</td>
<td style="min-width: 24.75pt; text-align: right; padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 2.5pt;">10,784</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="min-width: 3.75pt; text-align: right; padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 2.5pt;">​</td>
<td style="min-width: 24.75pt; text-align: right; padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 2.5pt;">10,695</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
</tr>
<tr style="text-align: right; text-transform: none; font: 10pt/10pt 'times new roman', times, serif; white-space: nowrap; color: #000000; vertical-align: bottom;">
<td style="text-align: left; padding-bottom: 0.5pt; padding-left: 0pt; width: 306.88pt; padding-right: 0pt; padding-top: 2.5pt;">
<div style="white-space: nowrap;">Energy</div>
</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="min-width: 3.75pt; text-align: right; padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 2.5pt;">​</td>
<td style="min-width: 24.75pt; text-align: right; padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 2.5pt;">30,623</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td
style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="min-width: 3.75pt; text-align: right; padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 2.5pt;">​</td>
<td style="min-width: 24.75pt; text-align: right; padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 2.5pt;">28,980</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="min-width: 3.75pt; text-align: right; padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 2.5pt;">​</td>
<td style="min-width: 24.75pt; text-align: right; padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 2.5pt;">21,400</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
</tr>
<tr style="text-align: right; text-transform: none; background-color: #cceeff; font: 10pt/10pt 'times new roman', times, serif; white-space: nowrap; color: #000000; vertical-align: bottom;">
<td style="text-align: left; padding-bottom: 0.5pt; padding-left: 0pt; width: 306.88pt; padding-right: 0pt; padding-top: 2.5pt;">
<div style="white-space: nowrap;">Excess Property</div>
</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="min-width: 3.75pt; text-align: right; padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 2.5pt;">​</td>
<td style="min-width: 24.75pt; text-align: right; padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 2.5pt;">12,498</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="min-width: 3.75pt; text-align: right; padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 2.5pt;">​</td>
<td style="min-width: 24.75pt; text-align: right; padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 2.5pt;">11,795</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="min-width: 3.75pt; text-align: right; padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 2.5pt;">​</td>
<td style="min-width: 24.75pt; text-align: right; padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 2.5pt;">10,988</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
</tr>
<tr style="text-align: right; text-transform: none; font: 10pt/10pt 'times new roman', times, serif; white-space: nowrap; color: #000000; vertical-align: bottom;">
<td style="text-align: left; padding-bottom: 0.5pt; padding-left: 0pt; width: 306.88pt; padding-right: 0pt; padding-top: 2.5pt;">
<div style="white-space: nowrap;">Medical Professionals</div>
</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="min-width: 3.75pt; text-align: right; padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 2.5pt;">​</td>
<td style="min-width: 24.75pt; text-align: right; padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 2.5pt;">3,585</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="min-width: 3.75pt; text-align: right; padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 2.5pt;">​</td>
<td style="min-width: 24.75pt; text-align: right; padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 2.5pt;">3,922</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="min-width: 3.75pt; text-align: right; padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 2.5pt;">​</td>
<td style="min-width: 24.75pt; text-align: right; padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 2.5pt;">4,492</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
</tr>
<tr style="text-align: right; text-transform: none; background-color: #cceeff; font: 10pt/10pt 'times new roman', times, serif; white-space: nowrap; color: #000000; vertical-align: bottom;">
<td style="text-align: left; padding-bottom: 0.5pt; padding-left: 0pt; width: 306.88pt; padding-right: 0pt; padding-top: 2.5pt;">
<div style="white-space: nowrap;">Life Sciences</div>
</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="min-width: 3.75pt; text-align: right; padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 2.5pt;">​</td>
<td style="min-width: 24.75pt; text-align: right; padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 2.5pt;">8,917</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="min-width: 3.75pt; text-align: right; padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 2.5pt;">​</td>
<td style="min-width: 24.75pt; text-align: right; padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 2.5pt;">10,155</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="min-width: 3.75pt; text-align: right; padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 2.5pt;">​</td>
<td style="min-width: 24.75pt; text-align: right; padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 2.5pt;">9,978</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
</tr>
<tr style="text-align: right;
text-transform: none; font: 10pt/10pt 'times new roman', times, serif; white-space: nowrap; color: #000000; vertical-align: bottom;">
<td style="text-align: left; padding-bottom: 0.5pt; padding-left: 0pt; width: 306.88pt; padding-right: 0pt; padding-top: 2.5pt;">
<div style="white-space: nowrap;">Environmental</div>
</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="min-width: 3.75pt; text-align: right; padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 2.5pt;">​</td>
<td style="min-width: 24.75pt; text-align: right; padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 2.5pt;">4,437</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="min-width: 3.75pt; text-align: right; padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 2.5pt;">​</td>
<td style="min-width: 24.75pt; text-align: right; padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 2.5pt;">3,431</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="min-width: 3.75pt; text-align: right; padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 2.5pt;">​</td>
<td style="min-width: 24.75pt; text-align: right; padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 2.5pt;">2,557</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
</tr>
<tr style="text-align: right; text-transform: none; background-color: #cceeff; font: 10pt/10pt 'times new roman', times, serif; white-space: nowrap; color: #000000; vertical-align: bottom;">
<td style="text-align: left; padding-bottom: 0.5pt; padding-left: 0pt; width: 306.88pt; padding-right: 0pt; padding-top: 2.5pt;">
<div style="white-space: nowrap;">Sports and Entertainment</div>
</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="min-width: 3.75pt; text-align: right; padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 2.5pt;">​</td>
<td style="min-width: 24.75pt; text-align: right; padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 2.5pt;">2,667</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="min-width: 3.75pt; text-align: right; padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 2.5pt;">​</td>
<td style="min-width: 24.75pt; text-align: right; padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 2.5pt;">2,753</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="min-width: 3.75pt; text-align: right; padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 2.5pt;">​</td>
<td style="min-width: 24.75pt; text-align: right; padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 2.5pt;">3,189</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
</tr>
<tr style="text-align: right; text-transform: none; font: 10pt/10pt 'times new roman', times, serif; white-space: nowrap; color: #000000; vertical-align: bottom;">
<td style="border-bottom: #ffffff 1px solid; text-align: left; padding-bottom: 1.5pt; padding-left: 0pt; width: 306.88pt; padding-right: 0pt; padding-top: 2.5pt;">
<div style="white-space: nowrap;">Small Business</div>
</td>
<td style="border-bottom: #ffffff 1px solid; width: 6pt; padding: 0pt;">​</td>
<td style="border-bottom: #ffffff 1px solid; width: 6pt; padding: 0pt;">​</td>
<td style="border-bottom: #ffffff 1px solid; width: 0pt; padding: 0pt;">​</td>
<td style="border-bottom: #000000 1px solid; min-width: 3.75pt; text-align: right; padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 2.5pt;">​</td>
<td style="border-bottom: #000000 1px solid; min-width: 24.75pt; text-align: right; padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 2.5pt;">6,916</td>
<td style="border-bottom: #ffffff 1px solid; width: 0pt; padding: 0pt;">​</td>
<td style="border-bottom: #ffffff 1px solid; width: 6pt; padding: 0pt;">​</td>
<td style="border-bottom: #ffffff 1px solid; width: 6pt; padding: 0pt;">​</td>
<td style="border-bottom: #ffffff 1px solid; width: 0pt; padding: 0pt;">​</td>
<td style="border-bottom: #000000 1px solid; min-width: 3.75pt; text-align: right; padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 2.5pt;">​</td>
<td style="border-bottom: #000000 1px solid; min-width: 24.75pt; text-align: right; padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 2.5pt;">6,971</td>
<td style="border-bottom: #ffffff 1px solid; width: 0pt; padding: 0pt;">​</td>
<td style="border-bottom: #ffffff 1px solid; width: 6pt; padding: 0pt;">​</td>
<td style="border-bottom: #ffffff 1px solid; width: 6pt; padding: 0pt;">​</td>
<td style="border-bottom: #ffffff 1px solid; width: 0pt; padding: 0pt;">​</td>
<td style="border-bottom: #000000 1px solid; min-width: 3.75pt; text-align: right; padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 2.5pt;">​</td>
<td style="border-bottom: #000000 1px solid; min-width: 24.75pt; text-align: right; padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 2.5pt;">6,313</td>
<td style="border-bottom: #ffffff 1px solid; width: 0pt; padding: 0pt;">​</td>
<td style="border-bottom: #ffffff 1px solid; width: 0pt; padding: 0pt;">​</td>
</tr>
<tr style="text-align: right; text-transform: none; background-color: #cceeff; font: 10pt/10pt 'times new roman', times, serif; white-space: nowrap; color: #000000; vertical-align: bottom;">
<td style="text-align: left; padding-bottom: 0.5pt; padding-left: 0pt; width: 306.88pt; padding-right: 0pt; padding-top: 2.25pt;">
<div style="white-space: nowrap;">Total Excess and Surplus Lines segment</div>
</td>
<td style="width: 6pt; padding:
0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="min-width: 3.75pt; text-align: right; padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 2.25pt;">​</td>
<td style="min-width: 24.75pt; text-align: right; padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 2.25pt;">308,717</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="min-width: 3.75pt; text-align: right; padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 2.25pt;">​</td>
<td style="min-width: 24.75pt; text-align: right; padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 2.25pt;">252,707</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="min-width: 3.75pt; text-align: right; padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 2.25pt;">​</td>
<td style="min-width: 24.75pt; text-align: right; padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 2.25pt;">192,394</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
</tr>
<tr style="text-align: right; text-transform: none; font: 10pt/10pt 'times new roman', times, serif; white-space: nowrap; color: #000000; vertical-align: bottom;">
<td style="text-align: left; padding-bottom: 0.5pt; padding-left: 0pt; width: 306.88pt; padding-right: 0pt; padding-top: 2.5pt;">
<div style="white-space: nowrap;">Specialty Admitted Insurance segment</div>
</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="min-width: 3.75pt; text-align: right; padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 2.5pt;">​</td>
<td style="min-width: 24.75pt; text-align: right; padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 2.5pt;">90,978</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="min-width: 3.75pt; text-align: right; padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 2.5pt;">​</td>
<td style="min-width: 24.75pt; text-align: right; padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 2.5pt;">59,380</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="min-width: 3.75pt; text-align: right; padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 2.5pt;">​</td>
<td style="min-width: 24.75pt; text-align: right; padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 2.5pt;">20,594</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
</tr>
<tr style="text-align: right; text-transform: none; background-color: #cceeff; font: 10pt/10pt 'times new roman', times, serif; white-space: nowrap; color: #000000; vertical-align: bottom;">
<td style="border-bottom: #cceeff 1px solid; text-align: left; padding-bottom: 1.5pt; padding-left: 0pt; width: 306.88pt; padding-right: 0pt; padding-top: 2.5pt;">
<div style="white-space: nowrap;">Casualty Reinsurance segment</div>
</td>
<td style="border-bottom: #cceeff 1px solid; width: 6pt; padding: 0pt;">​</td>
<td style="border-bottom: #cceeff 1px solid; width: 6pt; padding: 0pt;">​</td>
<td style="border-bottom: #cceeff 1px solid; width: 0pt; padding: 0pt;">​</td>
<td style="border-bottom: #000000 1px solid; min-width: 3.75pt; text-align: right; padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 2.5pt;">​</td>
<td style="border-bottom: #000000 1px solid; min-width: 24.75pt; text-align: right; padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 2.5pt;">172,499</td>
<td style="border-bottom: #cceeff 1px solid; width: 0pt; padding: 0pt;">​</td>
<td style="border-bottom: #cceeff 1px solid; width: 6pt; padding: 0pt;">​</td>
<td style="border-bottom: #cceeff 1px solid; width: 6pt; padding: 0pt;">​</td>
<td style="border-bottom: #cceeff 1px solid; width: 0pt; padding: 0pt;">​</td>
<td style="border-bottom: #000000 1px solid; min-width: 3.75pt; text-align: right; padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 2.5pt;">​</td>
<td style="border-bottom: #000000 1px solid; min-width: 24.75pt; text-align: right; padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 2.5pt;">206,680</td>
<td style="border-bottom: #cceeff 1px solid; width: 0pt; padding: 0pt;">​</td>
<td style="border-bottom: #cceeff 1px solid; width: 6pt; padding: 0pt;">​</td>
<td style="border-bottom: #cceeff 1px solid; width: 6pt; padding: 0pt;">​</td>
<td style="border-bottom: #cceeff 1px solid; width: 0pt; padding: 0pt;">​</td>
<td style="border-bottom: #000000 1px solid; min-width: 3.75pt; text-align: right; padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 2.5pt;">​</td>
<td style="border-bottom: #000000 1px solid; min-width: 24.75pt; text-align: right; padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 2.5pt;">155,530</td>
<td style="border-bottom: #cceeff 1px solid; width: 0pt; padding: 0pt;">​</td>
<td style="border-bottom: #cceeff 1px solid; width: 0pt; padding: 0pt;">​</td>
</tr>
<tr style="text-align: right; text-transform: none; font: 10pt/10pt 'times new roman', times, serif; white-space: nowrap; color: #000000; vertical-align: bottom;">
<td style="text-align: left; padding-bottom: 2.75pt; widows: 1; text-transform: none; text-indent: 0px; padding-left: 0pt; width: 306.88pt; padding-right: 0pt; font: 13px/13px 'times new roman', times, serif; white-space: nowrap; letter-spacing: normal; color: #000000; word-spacing: 0px; padding-top: 2.25pt; -webkit-text-stroke-width: 0px;">
<div style="margin-left: 10pt;">Total</div>
</td>
<td style="text-align: right; widows: 1; text-transform: none; text-indent: 0px; width: 6pt; font: 13px/13px 'times new roman', times, serif; white-space: nowrap; letter-spacing: normal; color:
#000000; word-spacing: 0px; -webkit-text-stroke-width: 0px; padding: 0pt;">​</td>
<td style="text-align: right; widows: 1; text-transform: none; text-indent: 0px; width: 6pt; font: 13px/13px 'times new roman', times, serif; white-space: nowrap; letter-spacing: normal; color: #000000; word-spacing: 0px; -webkit-text-stroke-width: 0px; padding: 0pt;">​</td>
<td style="text-align: right; widows: 1; text-transform: none; text-indent: 0px; width: 0pt; font: 13px/13px 'times new roman', times, serif; white-space: nowrap; letter-spacing: normal; color: #000000; word-spacing: 0px; -webkit-text-stroke-width: 0px; padding: 0pt;">​</td>
<td style="border-bottom: #000000 3px double; min-width: 3.75pt; text-align: right; padding-bottom: 2pt; widows: 1; text-transform: none; text-indent: 0px; padding-left: 0pt; padding-right: 0pt; font: 13px/13px 'times new roman', times, serif; white-space: nowrap; letter-spacing: normal; color: #000000; word-spacing: 0px; padding-top: 2.25pt; -webkit-text-stroke-width: 0px;">$</td>
<td style="border-bottom: #000000 3px double; min-width: 24.75pt; text-align: right; padding-bottom: 2pt; widows: 1; text-transform: none; text-indent: 0px; padding-left: 0pt; padding-right: 0pt; font: 13px/13px 'times new roman', times, serif; white-space: nowrap; letter-spacing: normal; color: #000000; word-spacing: 0px; padding-top: 2.25pt; -webkit-text-stroke-width: 0px;">572,194</td>
<td style="text-align: right; widows: 1; text-transform: none; text-indent: 0px; width: 0pt; font: 13px/13px 'times new roman', times, serif; white-space: nowrap; letter-spacing: normal; color: #000000; word-spacing: 0px; -webkit-text-stroke-width: 0px; padding: 0pt;">​</td>
<td style="text-align: right; widows: 1; text-transform: none; text-indent: 0px; width: 6pt; font: 13px/13px 'times new roman', times, serif; white-space: nowrap; letter-spacing: normal; color: #000000; word-spacing: 0px; -webkit-text-stroke-width: 0px; padding: 0pt;">​</td>
<td style="text-align: right; widows: 1; text-transform: none; text-indent: 0px; width: 6pt; font: 13px/13px 'times new roman', times, serif; white-space: nowrap; letter-spacing: normal; color: #000000; word-spacing: 0px; -webkit-text-stroke-width: 0px; padding: 0pt;">​</td>
<td style="text-align: right; widows: 1; text-transform: none; text-indent: 0px; width: 0pt; font: 13px/13px 'times new roman', times, serif; white-space: nowrap; letter-spacing: normal; color: #000000; word-spacing: 0px; -webkit-text-stroke-width: 0px; padding: 0pt;">​</td>
<td style="border-bottom: #000000 3px double; min-width: 3.75pt; text-align: right; padding-bottom: 2pt; widows: 1; text-transform: none; text-indent: 0px; padding-left: 0pt; padding-right: 0pt; font: 13px/13px 'times new roman', times, serif; white-space: nowrap; letter-spacing: normal; color: #000000; word-spacing: 0px; padding-top: 2.25pt; -webkit-text-stroke-width: 0px;">$</td>
<td style="border-bottom: #000000 3px double; min-width: 24.75pt; text-align: right; padding-bottom: 2pt; widows: 1; text-transform: none; text-indent: 0px; padding-left: 0pt; padding-right: 0pt; font: 13px/13px 'times new roman', times, serif; white-space: nowrap; letter-spacing: normal; color: #000000; word-spacing: 0px; padding-top: 2.25pt; -webkit-text-stroke-width: 0px;">518,767</td>
<td style="text-align: right; widows: 1; text-transform: none; text-indent: 0px; width: 0pt; font: 13px/13px 'times new roman', times, serif; white-space: nowrap; letter-spacing: normal; color: #000000; word-spacing: 0px; -webkit-text-stroke-width: 0px; padding: 0pt;">​</td>
<td style="text-align: right; widows: 1; text-transform: none; text-indent: 0px; width: 6pt; font: 13px/13px 'times new roman', times, serif; white-space: nowrap; letter-spacing: normal; color: #000000; word-spacing: 0px; -webkit-text-stroke-width: 0px; padding: 0pt;">​</td>
<td style="text-align: right; widows: 1; text-transform: none; text-indent: 0px; width: 6pt; font: 13px/13px 'times new roman', times, serif; white-space: nowrap; letter-spacing: normal; color: #000000; word-spacing: 0px; -webkit-text-stroke-width: 0px; padding: 0pt;">​</td>
<td style="text-align: right; widows: 1; text-transform: none; text-indent: 0px; width: 0pt; font: 13px/13px 'times new roman', times, serif; white-space: nowrap; letter-spacing: normal; color: #000000; word-spacing: 0px; -webkit-text-stroke-width: 0px; padding: 0pt;">​</td>
<td style="border-bottom: #000000 3px double; min-width: 3.75pt; text-align: right; padding-bottom: 2pt; widows: 1; text-transform: none; text-indent: 0px; padding-left: 0pt; padding-right: 0pt; font: 13px/13px 'times new roman', times, serif; white-space: nowrap; letter-spacing: normal; color: #000000; word-spacing: 0px; padding-top: 2.25pt; -webkit-text-stroke-width: 0px;">$</td>
<td style="border-bottom: #000000 3px double; min-width: 24.75pt; text-align: right; padding-bottom: 2pt; widows: 1; text-transform: none; text-indent: 0px; padding-left: 0pt; padding-right: 0pt; font: 13px/13px 'times new roman', times, serif; white-space: nowrap; letter-spacing: normal; color: #000000; word-spacing: 0px; padding-top: 2.25pt; -webkit-text-stroke-width: 0px;">368,518</td>
</tr>
</table>
0.02
<table align="center" style="widows: 1; text-transform: none; text-indent: 0px; width: 100%; border-collapse: collapse; font: 13px 'times new roman', times, serif; white-space: normal; letter-spacing: normal; height: 161px; color: #000000; word-spacing: 0px; -webkit-text-stroke-width: 0px;" border="0">
<tr style="text-align: left; text-transform: none; font: bold 8pt/8pt 'times new roman', times, serif; white-space: nowrap; color: #000000; vertical-align: bottom;">
<td style="border-bottom: #ffffff 1px solid; padding-bottom: 0.5pt; padding-left: 0pt; width: 312.29pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="border-bottom: #ffffff 1px solid; width: 6pt; padding: 0pt;">​</td>
<td style="border-bottom: #ffffff 1px solid; width: 6pt; padding: 0pt;">​</td>
<td style="border-bottom: #000000 1px solid; text-align: center; padding-bottom: 1.5pt; padding-left: 0pt; width: 0pt; padding-right: 0pt; padding-top: 0pt;" colspan="16">
<div style="text-align: center; white-space: nowrap;">Year Ended December 31,</div>
</td>
<td style="border-bottom: #ffffff 1px solid; width: 0pt; padding: 0pt;">​</td>
</tr>
<tr style="text-align: center; text-transform: none; font: bold 8pt/8pt 'times new roman', times, serif; white-space: nowrap; color: #000000; vertical-align: bottom;">
<td style="border-bottom: #ffffff 1px solid; text-align: left; padding-bottom: 0.5pt; padding-left: 0pt; width: 312.29pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="border-bottom: #ffffff 1px solid; width: 6pt; padding: 0pt;">​</td>
<td style="border-bottom: #ffffff 1px solid; width: 6pt; padding: 0pt;">​</td>
<td style="border-bottom: #000000 1px solid; padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 2.25pt;" colspan="4">
<div style="text-align: center; white-space: nowrap;">2015</div>
</td>
<td style="border-bottom: #ffffff 1px solid; width: 6pt; padding: 0pt;">​</td>
<td style="border-bottom: #ffffff 1px solid; width: 6pt; padding: 0pt;">​</td>
<td style="border-bottom: #000000 1px solid; padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 2.25pt;" colspan="4">
<div style="text-align: center; white-space: nowrap;">2014</div>
</td>
<td style="border-bottom: #ffffff 1px solid; width: 6pt; padding: 0pt;">​</td>
<td style="border-bottom: #ffffff 1px solid; width: 6pt; padding: 0pt;">​</td>
<td style="border-bottom: #000000 1px solid; padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 2.25pt;" colspan="4">
<div style="text-align: center; white-space: nowrap;">2013</div>
</td>
<td style="border-bottom: #ffffff 1px solid; width: 0pt; padding: 0pt;">​</td>
</tr>
<tr style="text-align: left; text-transform: none; font: bold italic 8pt/8pt 'times new roman', times, serif; white-space: nowrap; color: #000000; vertical-align: bottom;">
<td style="padding-bottom: 0.5pt; padding-left: 0pt; width: 312.29pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="text-align: center; padding-bottom: 0.5pt; padding-left: 0pt; width: 0pt; padding-right: 0pt; padding-top: 2.25pt;" colspan="16">
<div style="text-align: center; white-space: nowrap;">(in thousands)</div>
</td>
<td style="width: 0pt; padding: 0pt;">​</td>
</tr>
<tr style="text-align: right; text-transform: none; background-color: #cceeff; font: 10pt/10pt 'times new roman', times, serif; white-space: nowrap; color: #000000; vertical-align: bottom;">
<td style="text-align: left; padding-bottom: 0.5pt; padding-left: 0pt; width: 312.29pt; padding-right: 0pt; padding-top: 2.5pt;">
<div style="white-space: nowrap;">Beginning balance</div>
</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="min-width: 3.75pt; text-align: right; padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 2.5pt;">$</td>
<td style="min-width: 17.25pt; text-align: right; padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 2.5pt;"> —</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="min-width: 3.75pt; text-align: right; padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 2.5pt;">$</td>
<td style="min-width: 11.25pt; text-align: right; padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 2.5pt;"> —</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="min-width: 3.75pt; text-align: right; padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 2.5pt;">$</td>
<td style="min-width: 11.25pt; text-align: right; padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 2.5pt;"> —</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
</tr>
<tr style="text-align: right; text-transform: none; font: 10pt/10pt 'times new roman', times, serif; white-space: nowrap; color: #000000; vertical-align: bottom;">
<td style="text-align: left; padding-bottom: 0.5pt; padding-left: 0pt; width: 312.29pt; padding-right: 0pt; padding-top: 2.5pt;">
<div style="white-space: nowrap;">Transfers out of Level 3</div>
</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="min-width: 3.75pt; text-align: right; padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 2.5pt;">​</td>
<td style="min-width: 17.25pt; text-align: right; padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 2.5pt;">—</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="min-width: 3.75pt; text-align: right; padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 2.5pt;">​</td>
<td style="min-width: 11.25pt; text-align: right; padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 2.5pt;">—</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="min-width: 3.75pt; text-align:
right; padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 2.5pt;">​</td>
<td style="min-width: 11.25pt; text-align: right; padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 2.5pt;">—</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
</tr>
<tr style="text-align: right; text-transform: none; background-color: #cceeff; font: 10pt/10pt 'times new roman', times, serif; white-space: nowrap; color: #000000; vertical-align: bottom;">
<td style="text-align: left; padding-bottom: 0.5pt; padding-left: 0pt; width: 312.29pt; padding-right: 0pt; padding-top: 2.5pt;">
<div style="white-space: nowrap;">Transfers in to Level 3</div>
</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="min-width: 3.75pt; text-align: right; padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 2.5pt;">​</td>
<td style="min-width: 17.25pt; text-align: right; padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 2.5pt;">—</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="min-width: 3.75pt; text-align: right; padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 2.5pt;">​</td>
<td style="min-width: 11.25pt; text-align: right; padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 2.5pt;">—</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="min-width: 3.75pt; text-align: right; padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 2.5pt;">​</td>
<td style="min-width: 11.25pt; text-align: right; padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 2.5pt;">—</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
</tr>
<tr style="text-align: right; text-transform: none; font: 10pt/10pt 'times new roman', times, serif; white-space: nowrap; color: #000000; vertical-align: bottom;">
<td style="text-align: left; padding-bottom: 0.5pt; padding-left: 0pt; width: 312.29pt; padding-right: 0pt; padding-top: 2.5pt;">
<div style="white-space: nowrap;">Purchases</div>
</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="min-width: 3.75pt; text-align: right; padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 2.5pt;">​</td>
<td style="min-width: 17.25pt; text-align: right; padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 2.5pt;">5,000</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="min-width: 3.75pt; text-align: right; padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 2.5pt;">​</td>
<td style="min-width: 11.25pt; text-align: right; padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 2.5pt;">—</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="min-width: 3.75pt; text-align: right; padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 2.5pt;">​</td>
<td style="min-width: 11.25pt; text-align: right; padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 2.5pt;">—</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
</tr>
<tr style="text-align: right; text-transform: none; background-color: #cceeff; font: 10pt/10pt 'times new roman', times, serif; white-space: nowrap; color: #000000; vertical-align: bottom;">
<td style="text-align: left; padding-bottom: 0.5pt; padding-left: 0pt; width: 312.29pt; padding-right: 0pt; padding-top: 2.5pt;">
<div style="white-space: nowrap;">Sales</div>
</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="min-width: 3.75pt; text-align: right; padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 2.5pt;">​</td>
<td style="min-width: 17.25pt; text-align: right; padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 2.5pt;">—</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="min-width: 3.75pt; text-align: right; padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 2.5pt;">​</td>
<td style="min-width: 11.25pt; text-align: right; padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 2.5pt;">—</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="min-width: 3.75pt; text-align: right; padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 2.5pt;">​</td>
<td style="min-width: 11.25pt; text-align: right; padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 2.5pt;">—</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
</tr>
<tr style="text-align: right; text-transform: none; font: 10pt/10pt 'times new roman', times, serif; white-space: nowrap; color: #000000; vertical-align: bottom;">
<td style="text-align: left; padding-bottom: 0.5pt; padding-left: 0pt; width: 312.29pt; padding-right: 0pt; padding-top: 2.5pt;">
<div style="white-space: nowrap;">Amortization of discount</div>
</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="min-width: 3.75pt; text-align: right; padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 2.5pt;">​</td>
<td style="min-width: 17.25pt;
text-align: right; padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 2.5pt;">—</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="min-width: 3.75pt; text-align: right; padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 2.5pt;">​</td>
<td style="min-width: 11.25pt; text-align: right; padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 2.5pt;">—</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="min-width: 3.75pt; text-align: right; padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 2.5pt;">​</td>
<td style="min-width: 11.25pt; text-align: right; padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 2.5pt;">—</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
</tr>
<tr style="text-align: right; text-transform: none; background-color: #cceeff; font: 10pt/10pt 'times new roman', times, serif; white-space: nowrap; color: #000000; vertical-align: bottom;">
<td style="text-align: left; padding-bottom: 0.5pt; padding-left: 0pt; width: 312.29pt; padding-right: 0pt; padding-top: 2.5pt;">Total gains or losses (realized/unrealized):</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="min-width: 3.75pt; text-align: right; padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 2.5pt;">​</td>
<td style="min-width: 17.25pt; text-align: right; padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 2.5pt;">—</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="min-width: 3.75pt; text-align: right; padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 2.5pt;">​</td>
<td style="min-width: 11.25pt; text-align: right; padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 2.5pt;">—</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="min-width: 3.75pt; text-align: right; padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 2.5pt;">​</td>
<td style="min-width: 11.25pt; text-align: right; padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 2.5pt;">—</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
</tr>
<tr style="text-align: right; text-transform: none; font: 10pt/10pt 'times new roman', times, serif; white-space: nowrap; color: #000000; vertical-align: bottom;">
<td style="text-align: left; padding-bottom: 0.5pt; padding-left: 0pt; width: 312.29pt; padding-right: 0pt; padding-top: 2.5pt;">
<div style="margin-left: 10pt;">Included in earnings</div>
</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="min-width: 3.75pt; text-align: right; padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 2.5pt;">​</td>
<td style="min-width: 17.25pt; text-align: right; padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 2.5pt;">—</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="min-width: 3.75pt; text-align: right; padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 2.5pt;">​</td>
<td style="min-width: 11.25pt; text-align: right; padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 2.5pt;">—</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="min-width: 3.75pt; text-align: right; padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 2.5pt;">​</td>
<td style="min-width: 11.25pt; text-align: right; padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 2.5pt;">—</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
</tr>
<tr style="text-align: right; text-transform: none; background-color: #cceeff; font: 10pt/10pt 'times new roman', times, serif; white-space: nowrap; color: #000000; vertical-align: bottom;">
<td style="border-bottom: #cceeff 1px solid; text-align: left; padding-bottom: 0.5pt; padding-left: 0pt; width: 312.29pt; padding-right: 0pt; padding-top: 2.5pt;">
<div style="margin-left: 10pt;">Included in other comprehensive income</div>
</td>
<td style="border-bottom: #cceeff 1px solid; width: 6pt; padding: 0pt;">​</td>
<td style="border-bottom: #cceeff 1px solid; width: 6pt; padding: 0pt;">​</td>
<td style="border-bottom: #cceeff 1px solid; width: 0pt; padding: 0pt;">​</td>
<td style="border-bottom: #000000 1px solid; min-width: 3.75pt; text-align: right; padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 2.5pt;">​</td>
<td style="border-bottom: #000000 1px solid; min-width: 17.25pt; text-align: right; padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 2.5pt;">—</td>
<td style="border-bottom: #cceeff 1px solid; width: 0pt; padding: 0pt;">​</td>
<td style="border-bottom: #cceeff 1px solid; width: 6pt; padding: 0pt;">​</td>
<td style="border-bottom: #cceeff 1px solid; width: 6pt; padding: 0pt;">​</td>
<td style="border-bottom: #cceeff 1px solid; width: 0pt; padding: 0pt;">​</td>
<td style="border-bottom: #000000 1px solid; min-width: 3.75pt; text-align: right; padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 2.5pt;">​</td>
<td style="border-bottom: #000000 1px solid; min-width: 11.25pt; text-align: right; padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top:
2.5pt;">—</td>
<td style="border-bottom: #cceeff 1px solid; width: 0pt; padding: 0pt;">​</td>
<td style="border-bottom: #cceeff 1px solid; width: 6pt; padding: 0pt;">​</td>
<td style="border-bottom: #cceeff 1px solid; width: 6pt; padding: 0pt;">​</td>
<td style="border-bottom: #cceeff 1px solid; width: 0pt; padding: 0pt;">​</td>
<td style="border-bottom: #000000 1px solid; min-width: 3.75pt; text-align: right; padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 2.5pt;">​</td>
<td style="border-bottom: #000000 1px solid; min-width: 11.25pt; text-align: right; padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 2.5pt;">—</td>
<td style="border-bottom: #cceeff 1px solid; width: 0pt; padding: 0pt;">​</td>
<td style="border-bottom: #cceeff 1px solid; width: 0pt; padding: 0pt;">​</td>
</tr>
<tr style="text-align: right; text-transform: none; font: 10pt/10pt 'times new roman', times, serif; white-space: nowrap; color: #000000; vertical-align: bottom;">
<td style="text-align: left; padding-bottom: 2.75pt; padding-left: 0pt; width: 312.29pt; padding-right: 0pt; padding-top: 2.25pt;">
<div style="white-space: nowrap;">Ending balance</div>
</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="border-bottom: #000000 3px double; min-width: 3.75pt; text-align: right; padding-bottom: 2pt; padding-left: 0pt; padding-right: 0pt; padding-top: 2.25pt;">$</td>
<td style="border-bottom: #000000 3px double; min-width: 17.25pt; text-align: right; padding-bottom: 2pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 2.25pt;">5,000</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="border-bottom: #000000 3px double; min-width: 3.75pt; text-align: right; padding-bottom: 2pt; padding-left: 0pt; padding-right: 0pt; padding-top: 2.25pt;">$</td>
<td style="border-bottom: #000000 3px double; min-width: 11.25pt; text-align: right; padding-bottom: 2pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 2.25pt;">—</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="border-bottom: #000000 3px double; min-width: 3.75pt; text-align: right; padding-bottom: 2pt; padding-left: 0pt; padding-right: 0pt; padding-top: 2.25pt;">$</td>
<td style="border-bottom: #000000 3px double; min-width: 11.25pt; text-align: right; padding-bottom: 2pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 2.25pt;">—</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
</tr>
<tr style="line-height: 5pt; height: 5pt;">
<td style="line-height: 0pt; font-size: 0pt; padding: 0pt;" colspan="23">​</td>
</tr>
</table>
228000000
690000000
211000000
<table align="center" style="widows: 1; text-transform: none; text-indent: 0px; width: 100%; border-collapse: collapse; font: 13px 'times new roman', times, serif; white-space: normal; letter-spacing: normal; height: 101px; color: #000000; word-spacing: 0px; -webkit-text-stroke-width: 0px;" border="0">
<tr style="text-align: left; text-transform: none; font: bold 8pt/8pt 'times new roman', times, serif; white-space: nowrap; color: #000000; vertical-align: bottom;">
<td style="border-bottom: #ffffff 1px solid; padding-bottom: 0.5pt; padding-left: 0pt; width: 245.97pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="border-bottom: #ffffff 1px solid; width: 6pt; padding: 0pt;">​</td>
<td style="border-bottom: #ffffff 1px solid; width: 6pt; padding: 0pt;">​</td>
<td style="border-bottom: #000000 1px solid; text-align: center; padding-bottom: 2.5pt; padding-left: 0pt; width: 0pt; padding-right: 0pt; padding-top: 0pt;" colspan="22">
<div style="text-align: center; white-space: nowrap;">Fair Value Measurements Using</div>
</td>
<td style="border-bottom: #ffffff 1px solid; width: 0pt; padding: 0pt;">​</td>
</tr>
<tr style="text-align: center; text-transform: none; font: bold 8pt/9pt 'times new roman', times, serif; white-space: nowrap; color: #000000; vertical-align: bottom;">
<td style="border-bottom: #ffffff 1px solid; text-align: left; padding-bottom: 0.5pt; padding-left: 0pt; width: 245.97pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="border-bottom: #ffffff 1px solid; width: 6pt; padding: 0pt;">​</td>
<td style="border-bottom: #ffffff 1px solid; width: 6pt; padding: 0pt;">​</td>
<td style="border-bottom: #000000 1px solid; padding-bottom: 2.167pt; padding-left: 0pt; padding-right: 0pt; padding-top: 2.583pt;" colspan="4">
<div style="text-align: center;">Quoted Prices <br />in Active <br />Markets for <br />Identical Assets <br />Level 1</div>
</td>
<td style="border-bottom: #ffffff 1px solid; width: 6pt; padding: 0pt;">​</td>
<td style="border-bottom: #ffffff 1px solid; width: 6pt; padding: 0pt;">​</td>
<td style="border-bottom: #000000 1px solid; padding-bottom: 2.167pt; padding-left: 0pt; padding-right: 0pt; padding-top: 2.583pt;" colspan="4">
<div style="text-align: center;">Significant <br />Other <br />Observable <br />Inputs <br />Level 2</div>
</td>
<td style="border-bottom: #ffffff 1px solid; width: 6pt; padding: 0pt;">​</td>
<td style="border-bottom: #ffffff 1px solid; width: 6pt; padding: 0pt;">​</td>
<td style="border-bottom: #000000 1px solid; padding-bottom: 2.167pt; padding-left: 0pt; padding-right: 0pt; padding-top: 2.583pt;" colspan="4">
<div style="text-align: center;">Significant <br />Unobservable <br />Inputs <br />Level 3</div>
</td>
<td style="border-bottom: #ffffff 1px solid; width: 6pt; padding: 0pt;">​</td>
<td style="border-bottom: #ffffff 1px solid; width: 6pt; padding: 0pt;">​</td>
<td style="border-bottom: #000000 1px solid; padding-bottom: 2.167pt; padding-left: 0pt; padding-right: 0pt; padding-top: 2.583pt;" colspan="4">
<div style="text-align: center; white-space: nowrap;">Total</div>
</td>
<td style="border-bottom: #ffffff 1px solid; width: 0pt; padding: 0pt;">​</td>
</tr>
<tr style="text-align: left; text-transform: none; font: bold italic 8pt/8pt 'times new roman', times, serif; white-space: nowrap; color: #000000; vertical-align: bottom;">
<td style="padding-bottom: 0.5pt; padding-left: 0pt; width: 245.97pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="text-align: center; padding-bottom: 0.5pt; padding-left: 0pt; width: 0pt; padding-right: 0pt; padding-top: 3.25pt;" colspan="22">
<div style="text-align: center; white-space: nowrap;">(in thousands)</div>
</td>
<td style="width: 0pt; padding: 0pt;">​</td>
</tr>
<tr style="text-align: left; text-transform: none; background-color: #cceeff; font: bold 10pt/10pt 'times new roman', times, serif; white-space: nowrap; color: #000000; vertical-align: bottom;">
<td style="padding-bottom: 1.5pt; padding-left: 0pt; width: 245.97pt; padding-right: 0pt; padding-top: 3.5pt;">December 31, 2015</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td colspan="6">​</td>
<td colspan="6">​</td>
<td colspan="6">​</td>
<td colspan="6">​</td>
</tr>
<tr style="text-align: right; text-transform: none; font: 10pt/10pt 'times new roman', times, serif; white-space: nowrap; color: #000000; vertical-align: bottom;">
<td style="text-align: left; padding-bottom: 2.75pt; padding-left: 0pt; width: 245.97pt; padding-right: 0pt; padding-top: 3.5pt;">
<div style="white-space: nowrap;">Bank loan participations held-for-investment</div>
</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="padding-bottom: 0pt; padding-left: 16.12pt; width: 0pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="border-bottom: #000000 3px double; min-width: 3.75pt; text-align: right; padding-bottom: 2pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.5pt;">$</td>
<td style="border-bottom: #000000 3px double; min-width: 11.25pt; text-align: right; padding-bottom: 2pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3.5pt;"> —</td>
<td style="padding-bottom: 0pt; padding-left: 16.12pt; width: 0pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="padding-bottom: 0pt; padding-left: 8.625pt; width: 0pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="border-bottom: #000000 3px double; min-width: 3.75pt; text-align: right; padding-bottom: 2pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.5pt;">$</td>
<td style="border-bottom: #000000 3px double; min-width: 11.25pt; text-align: right; padding-bottom: 2pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3.5pt;"> —</td>
<td style="padding-bottom: 0pt; padding-left: 8.625pt; width: 0pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="padding-bottom: 0pt; padding-left: 8.565pt; width: 0pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="border-bottom: #000000 3px double; min-width: 3.75pt; text-align: right; padding-bottom: 2pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.5pt;">$</td>
<td style="border-bottom: #000000 3px double; min-width: 17.25pt; text-align: right; padding-bottom: 2pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3.5pt;">2,342</td>
<td style="padding-bottom: 0pt; padding-left: 8.565pt; width: 0pt;
padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="border-bottom: #000000 3px double; min-width: 3.75pt; text-align: right; padding-bottom: 2pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.5pt;">$</td>
<td style="border-bottom: #000000 3px double; min-width: 17.25pt; text-align: right; padding-bottom: 2pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3.5pt;">2,342</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
</tr>
<tr style="line-height: 4pt; height: 4pt;">
<td style="line-height: 0pt; font-size: 0pt; padding: 0pt;" colspan="30">​</td>
</tr>
</table>
256000000
250000000
150000000
<table align="center" style="widows: 1; text-transform: none; text-indent: 0px; width: 100%; border-collapse: collapse; font: 13px 'times new roman', times, serif; white-space: normal; letter-spacing: normal; height: 66px; color: #000000; word-spacing: 0px; -webkit-text-stroke-width: 0px;" border="0">
<tr style="text-align: center; text-transform: none; font: bold 8pt/8pt 'times new roman', times, serif; white-space: nowrap; color: #000000; vertical-align: bottom;">
<td style="border-bottom: #ffffff 1px solid; text-align: left; padding-bottom: 0.5pt; padding-left: 0pt; width: 266.88pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="border-bottom: #ffffff 1px solid; width: 6pt; padding: 0pt;">​</td>
<td style="border-bottom: #ffffff 1px solid; width: 6pt; padding: 0pt;">​</td>
<td style="border-bottom: #000000 1px solid; padding-bottom: 2.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 0pt;" colspan="4">
<div style="text-align: center; white-space: nowrap;">2015</div>
</td>
<td style="border-bottom: #ffffff 1px solid; width: 6pt; padding: 0pt;">​</td>
<td style="border-bottom: #ffffff 1px solid; width: 6pt; padding: 0pt;">​</td>
<td style="border-bottom: #000000 1px solid; padding-bottom: 2.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 0pt;" colspan="4">
<div style="text-align: center; white-space: nowrap;">2014</div>
</td>
<td style="border-bottom: #ffffff 1px solid; width: 6pt; padding: 0pt;">​</td>
<td style="border-bottom: #ffffff 1px solid; width: 6pt; padding: 0pt;">​</td>
<td style="border-bottom: #000000 1px solid; padding-bottom: 2.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 0pt;" colspan="4">
<div style="text-align: center; white-space: nowrap;">2013</div>
</td>
<td style="border-bottom: #ffffff 1px solid; width: 0pt; padding: 0pt;">​</td>
</tr>
<tr style="text-align: left; text-transform: none; font: bold italic 8pt/8pt 'times new roman', times, serif; white-space: nowrap; color: #000000; vertical-align: bottom;">
<td style="padding-bottom: 0.5pt; padding-left: 0pt; width: 266.88pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="text-align: center; padding-bottom: 1.5pt; padding-left: 0pt; width: 0pt; padding-right: 0pt; padding-top: 3.25pt;" colspan="16">
<div style="text-align: center; white-space: nowrap;">(in thousands)</div>
</td>
<td style="width: 0pt; padding: 0pt;">​</td>
</tr>
<tr style="text-align: right; text-transform: none; background-color: #cceeff; font: 10pt/10pt 'times new roman', times, serif; white-space: nowrap; color: #000000; vertical-align: bottom;">
<td style="text-align: left; padding-bottom: 1.5pt; padding-left: 0pt; width: 266.88pt; padding-right: 0pt; padding-top: 3.5pt;">
<div style="white-space: nowrap;">Statutory net income</div>
</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="min-width: 3.75pt; text-align: right; padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.5pt;">$</td>
<td style="min-width: 24.75pt; text-align: right; padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3.5pt;">14,747</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="min-width: 3.75pt; text-align: right; padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.5pt;">$</td>
<td style="min-width: 24.75pt; text-align: right; padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3.5pt;">14,872</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="min-width: 3.75pt; text-align: right; padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.5pt;">$</td>
<td style="min-width: 24.75pt; text-align: right; padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3.5pt;">24,857</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
</tr>
<tr style="text-align: right; text-transform: none; font: 10pt/10pt 'times new roman', times, serif; white-space: nowrap; color: #000000; vertical-align: bottom;">
<td style="text-align: left; padding-bottom: 1.5pt; padding-left: 0pt; width: 266.88pt; padding-right: 0pt; padding-top: 3.5pt;">
<div style="white-space: nowrap;">Statutory capital and surplus</div>
</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="min-width: 3.75pt; text-align: right; padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.5pt;">​</td>
<td style="min-width: 24.75pt; text-align: right; padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3.5pt;">176,884</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="min-width: 3.75pt; text-align: right; padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.5pt;">​</td>
<td style="min-width: 24.75pt; text-align: right; padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3.5pt;">207,813</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="min-width: 3.75pt; text-align: right; padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.5pt;">​</td>
<td style="min-width: 24.75pt; text-align: right; padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3.5pt;">208,369</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
</tr>
<tr style="text-align: right; text-transform: none; background-color: #cceeff; font: 10pt/10pt 'times new roman', times, serif; white-space: nowrap; color: #000000; vertical-align: bottom;">
<td style="text-align: left; padding-bottom: 1.5pt; padding-left: 0pt; width: 266.88pt; padding-right: 0pt; padding-top: 3.5pt;">
<div style="white-space: nowrap;">Minimum required statutory capital and surplus</div>
</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding:
0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="min-width: 3.75pt; text-align: right; padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.5pt;">​</td>
<td style="min-width: 24.75pt; text-align: right; padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3.5pt;">25,000</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="min-width: 3.75pt; text-align: right; padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.5pt;">​</td>
<td style="min-width: 24.75pt; text-align: right; padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3.5pt;">21,250</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="min-width: 3.75pt; text-align: right; padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.5pt;">​</td>
<td style="min-width: 24.75pt; text-align: right; padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3.5pt;">21,250</td>
</tr>
</table>
<table align="center" style="widows: 1; text-transform: none; text-indent: 0px; width: 100%; border-collapse: collapse; font: 13px 'times new roman', times, serif; white-space: normal; letter-spacing: normal; height: 140px; color: #000000; word-spacing: 0px; -webkit-text-stroke-width: 0px;" border="0">
<tr style="text-align: center; text-transform: none; font: bold 8pt/8pt 'times new roman', times, serif; white-space: nowrap; color: #000000; vertical-align: bottom;">
<td style="border-bottom: #ffffff 1px solid; text-align: left; padding-bottom: 0.5pt; padding-left: 0pt; width: 207.46pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="border-bottom: #ffffff 1px solid; width: 6pt; padding: 0pt;">​</td>
<td style="border-bottom: #ffffff 1px solid; width: 6pt; padding: 0pt;">​</td>
<td style="border-bottom: #000000 1px solid; padding-bottom: 2.5pt; padding-left: 0pt; width: 0pt; padding-right: 0pt; padding-top: 0pt;" colspan="22">
<div style="text-align: center; white-space: nowrap;">2015 Quarter</div>
</td>
<td style="border-bottom: #ffffff 1px solid; width: 6pt; padding: 0pt;">​</td>
<td style="border-bottom: #ffffff 1px solid; width: 6pt; padding: 0pt;">​</td>
<td style="border-bottom: #000000 1px solid; padding-bottom: 2.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 0pt;" colspan="4">
<div style="text-align: center; white-space: nowrap;">2015</div>
</td>
<td style="border-bottom: #ffffff 1px solid; width: 0pt; padding: 0pt;">​</td>
</tr>
<tr style="text-align: center; text-transform: none; font: bold 8pt/8pt 'times new roman', times, serif; white-space: nowrap; color: #000000; vertical-align: bottom;">
<td style="border-bottom: #ffffff 1px solid; text-align: left; padding-bottom: 0.5pt; padding-left: 0pt; width: 207.46pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="border-bottom: #ffffff 1px solid; width: 6pt; padding: 0pt;">​</td>
<td style="border-bottom: #ffffff 1px solid; width: 6pt; padding: 0pt;">​</td>
<td style="border-bottom: #000000 1px solid; padding-bottom: 2.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.25pt;" colspan="4">
<div style="text-align: center; white-space: nowrap;">First</div>
</td>
<td style="border-bottom: #ffffff 1px solid; width: 6pt; padding: 0pt;">​</td>
<td style="border-bottom: #ffffff 1px solid; width: 6pt; padding: 0pt;">​</td>
<td style="border-bottom: #000000 1px solid; padding-bottom: 2.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.25pt;" colspan="4">
<div style="text-align: center; white-space: nowrap;">Second</div>
</td>
<td style="border-bottom: #ffffff 1px solid; width: 6pt; padding: 0pt;">​</td>
<td style="border-bottom: #ffffff 1px solid; width: 6pt; padding: 0pt;">​</td>
<td style="border-bottom: #000000 1px solid; padding-bottom: 2.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.25pt;" colspan="4">
<div style="text-align: center; white-space: nowrap;">Third</div>
</td>
<td style="border-bottom: #ffffff 1px solid; width: 6pt; padding: 0pt;">​</td>
<td style="border-bottom: #ffffff 1px solid; width: 6pt; padding: 0pt;">​</td>
<td style="border-bottom: #000000 1px solid; padding-bottom: 2.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.25pt;" colspan="4">
<div style="text-align: center; white-space: nowrap;">Fourth</div>
</td>
<td style="border-bottom: #ffffff 1px solid; width: 6pt; padding: 0pt;">​</td>
<td style="border-bottom: #ffffff 1px solid; width: 6pt; padding: 0pt;">​</td>
<td style="border-bottom: #000000 1px solid; padding-bottom: 2.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.25pt;" colspan="4">
<div style="text-align: center; white-space: nowrap;">Year</div>
</td>
<td style="border-bottom: #ffffff 1px solid; width: 0pt; padding: 0pt;">​</td>
</tr>
<tr style="text-align: left; text-transform: none; font: bold italic 8pt/8pt 'times new roman', times, serif; white-space: nowrap; color: #000000; vertical-align: bottom;">
<td style="padding-bottom: 0.5pt; padding-left: 0pt; width: 207.46pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="text-align: center; padding-bottom: 1.5pt; padding-left: 0pt; width: 0pt; padding-right: 0pt; padding-top: 3.25pt;" colspan="28">
<div style="text-align: center; white-space: nowrap;">(in thousands, except per share data)</div>
</td>
<td style="width: 0pt; padding: 0pt;">​</td>
</tr>
<tr style="text-align: right; text-transform: none; background-color: #cceeff; font: 10pt/10pt 'times new roman', times, serif; white-space: nowrap; color: #000000; vertical-align: bottom;">
<td style="text-align: left; padding-bottom: 1.5pt; padding-left: 0pt; width: 207.46pt; padding-right: 0pt; padding-top: 3.5pt;">
<div style="white-space: nowrap;">Gross written premiums</div>
</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="min-width: 3.75pt; text-align: right; padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.5pt;">$</td>
<td style="min-width: 24.75pt; text-align: right; padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3.5pt;">131,258</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="min-width: 3.75pt; text-align: right; padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.5pt;">$</td>
<td style="min-width: 24.75pt; text-align: right; padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3.5pt;">184,011</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="min-width: 3.75pt; text-align: right; padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.5pt;">$</td>
<td style="min-width: 24.75pt; text-align: right; padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3.5pt;">148,236</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="min-width: 3.75pt; text-align: right; padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.5pt;">$</td>
<td style="min-width: 24.75pt; text-align: right; padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3.5pt;">108,689</td>
<td style="width: 0pt; padding:
0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="min-width: 3.75pt; text-align: right; padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.5pt;">$</td>
<td style="min-width: 24.75pt; text-align: right; padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3.5pt;">572,194</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
</tr>
<tr style="text-align: right; text-transform: none; font: 10pt/10pt 'times new roman', times, serif; white-space: nowrap; color: #000000; vertical-align: bottom;">
<td style="text-align: left; padding-bottom: 1.5pt; padding-left: 0pt; width: 207.46pt; padding-right: 0pt; padding-top: 3.5pt;">
<div style="white-space: nowrap;">Total revenues</div>
</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="min-width: 3.75pt; text-align: right; padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.5pt;">​</td>
<td style="min-width: 24.75pt; text-align: right; padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3.5pt;">126,467</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="min-width: 3.75pt; text-align: right; padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.5pt;">​</td>
<td style="min-width: 24.75pt; text-align: right; padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3.5pt;">120,227</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="min-width: 3.75pt; text-align: right; padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.5pt;">​</td>
<td style="min-width: 24.75pt; text-align: right; padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3.5pt;">133,123</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="min-width: 3.75pt; text-align: right; padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.5pt;">​</td>
<td style="min-width: 24.75pt; text-align: right; padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3.5pt;">125,104</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="min-width: 3.75pt; text-align: right; padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.5pt;">​</td>
<td style="min-width: 24.75pt; text-align: right; padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3.5pt;">504,921</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
</tr>
<tr style="text-align: right; text-transform: none; background-color: #cceeff; font: 10pt/10pt 'times new roman', times, serif; white-space: nowrap; color: #000000; vertical-align: bottom;">
<td style="text-align: left; padding-bottom: 1.5pt; padding-left: 0pt; width: 207.46pt; padding-right: 0pt; padding-top: 3.5pt;">
<div style="white-space: nowrap;">Net income</div>
</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="min-width: 3.75pt; text-align: right; padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.5pt;">​</td>
<td style="min-width: 24.75pt; text-align: right; padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3.5pt;">9,377</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="min-width: 3.75pt; text-align: right; padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.5pt;">​</td>
<td style="min-width: 24.75pt; text-align: right; padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3.5pt;">12,489</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="min-width: 3.75pt; text-align: right; padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.5pt;">​</td>
<td style="min-width: 24.75pt; text-align: right; padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3.5pt;">18,961</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="min-width: 3.75pt; text-align: right; padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.5pt;">​</td>
<td style="min-width: 24.75pt; text-align: right; padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3.5pt;">12,670</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="min-width: 3.75pt; text-align: right; padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.5pt;">​</td>
<td style="min-width: 24.75pt; text-align: right; padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3.5pt;">53,497</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
</tr>
<tr style="text-align: right; text-transform: none; font: 10pt/10pt 'times new roman', times, serif; white-space: nowrap; color: #000000; vertical-align: bottom;">
<td style="text-align: left; padding-bottom: 1.5pt; padding-left: 0pt; width: 207.46pt; padding-right: 0pt; padding-top: 3.5pt;">
<div style="white-space: nowrap;">Comprehensive income</div>
</td>
<td style="width: 6pt; padding:
0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="min-width: 3.75pt; text-align: right; padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.5pt;">​</td>
<td style="min-width: 24.75pt; text-align: right; padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3.5pt;">13,326</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="min-width: 3.75pt; text-align: right; padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.5pt;">​</td>
<td style="min-width: 24.75pt; text-align: right; padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3.5pt;">(2,516<font style="position: absolute;">)</font></td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="min-width: 3.75pt; text-align: right; padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.5pt;">​</td>
<td style="min-width: 24.75pt; text-align: right; padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3.5pt;">20,547</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="min-width: 3.75pt; text-align: right; padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.5pt;">​</td>
<td style="min-width: 24.75pt; text-align: right; padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3.5pt;">6,970</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="min-width: 3.75pt; text-align: right; padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.5pt;">​</td>
<td style="min-width: 24.75pt; text-align: right; padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3.5pt;">38,327</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
</tr>
<tr style="text-align: left; text-transform: none; background-color: #cceeff; font: 10pt/10pt 'times new roman', times, serif; white-space: nowrap; color: #000000; vertical-align: bottom;">
<td style="padding-bottom: 1.5pt; padding-left: 0pt; width: 207.46pt; padding-right: 0pt; padding-top: 3.5pt;">Earnings per share:</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td colspan="6">​</td>
<td colspan="6">​</td>
<td colspan="6">​</td>
<td colspan="6">​</td>
<td colspan="6">​</td>
</tr>
<tr style="text-align: right; text-transform: none; font: 10pt/10pt 'times new roman', times, serif; white-space: nowrap; color: #000000; vertical-align: bottom;">
<td style="text-align: left; padding-bottom: 1.5pt; padding-left: 0pt; width: 207.46pt; padding-right: 0pt; padding-top: 3.5pt;">
<div style="margin-left: 10pt;">Basic</div>
</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="min-width: 3.75pt; text-align: right; padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.5pt;">$</td>
<td style="min-width: 24.75pt; text-align: right; padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3.5pt;">0.33</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="min-width: 3.75pt; text-align: right; padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.5pt;">$</td>
<td style="min-width: 24.75pt; text-align: right; padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3.5pt;">0.44</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="min-width: 3.75pt; text-align: right; padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.5pt;">$</td>
<td style="min-width: 24.75pt; text-align: right; padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3.5pt;">0.66</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="min-width: 3.75pt; text-align: right; padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.5pt;">$</td>
<td style="min-width: 24.75pt; text-align: right; padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3.5pt;">0.44</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="min-width: 3.75pt; text-align: right; padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.5pt;">$</td>
<td style="min-width: 24.75pt; text-align: right; padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3.5pt;">1.87</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
</tr>
<tr style="text-align: right; text-transform: none; background-color: #cceeff; font: 10pt/10pt 'times new roman', times, serif; white-space: nowrap; color: #000000; vertical-align: bottom;">
<td style="text-align: left; padding-bottom: 1.5pt; padding-left: 0pt; width: 207.46pt; padding-right: 0pt; padding-top: 3.5pt;">
<div style="margin-left: 10pt;">Diluted</div>
</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="min-width: 3.75pt; text-align: right; padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.5pt;">$</td>
<td style="min-width: 24.75pt; text-align: right; padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3.5pt;">0.32</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td
style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="min-width: 3.75pt; text-align: right; padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.5pt;">$</td>
<td style="min-width: 24.75pt; text-align: right; padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3.5pt;">0.43</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="min-width: 3.75pt; text-align: right; padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.5pt;">$</td>
<td style="min-width: 24.75pt; text-align: right; padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3.5pt;">0.64</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="min-width: 3.75pt; text-align: right; padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.5pt;">$</td>
<td style="min-width: 24.75pt; text-align: right; padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3.5pt;">0.43</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="min-width: 3.75pt; text-align: right; padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.5pt;">$</td>
<td style="min-width: 24.75pt; text-align: right; padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3.5pt;">1.82</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
</tr>
</table>
<table align="center" style="widows: 1; text-transform: none; margin-top: 11pt; text-indent: 0px; width: 100%; border-collapse: collapse; font: 13px 'times new roman', times, serif; white-space: normal; letter-spacing: normal; height: 140px; color: #000000; word-spacing: 0px; -webkit-text-stroke-width: 0px;" border="0">
<tr style="text-align: center; text-transform: none; font: bold 8pt/8pt 'times new roman', times, serif; white-space: nowrap; color: #000000; vertical-align: bottom;">
<td style="border-bottom: #ffffff 1px solid; text-align: left; padding-bottom: 0.5pt; padding-left: 0pt; width: 207.46pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="border-bottom: #ffffff 1px solid; width: 6pt; padding: 0pt;">​</td>
<td style="border-bottom: #ffffff 1px solid; width: 6pt; padding: 0pt;">​</td>
<td style="border-bottom: #000000 1px solid; padding-bottom: 2.5pt; padding-left: 0pt; width: 0pt; padding-right: 0pt; padding-top: 0pt;" colspan="22">
<div style="text-align: center; white-space: nowrap;">2014 Quarter</div>
</td>
<td style="border-bottom: #ffffff 1px solid; width: 6pt; padding: 0pt;">​</td>
<td style="border-bottom: #ffffff 1px solid; width: 6pt; padding: 0pt;">​</td>
<td style="border-bottom: #000000 1px solid; padding-bottom: 2.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 0pt;" colspan="4">
<div style="text-align: center; white-space: nowrap;">2014</div>
</td>
<td style="border-bottom: #ffffff 1px solid; width: 0pt; padding: 0pt;">​</td>
</tr>
<tr style="text-align: center; text-transform: none; font: bold 8pt/8pt 'times new roman', times, serif; white-space: nowrap; color: #000000; vertical-align: bottom;">
<td style="border-bottom: #ffffff 1px solid; text-align: left; padding-bottom: 0.5pt; padding-left: 0pt; width: 207.46pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="border-bottom: #ffffff 1px solid; width: 6pt; padding: 0pt;">​</td>
<td style="border-bottom: #ffffff 1px solid; width: 6pt; padding: 0pt;">​</td>
<td style="border-bottom: #000000 1px solid; padding-bottom: 2.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.25pt;" colspan="4">
<div style="text-align: center; white-space: nowrap;">First</div>
</td>
<td style="border-bottom: #ffffff 1px solid; width: 6pt; padding: 0pt;">​</td>
<td style="border-bottom: #ffffff 1px solid; width: 6pt; padding: 0pt;">​</td>
<td style="border-bottom: #000000 1px solid; padding-bottom: 2.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.25pt;" colspan="4">
<div style="text-align: center; white-space: nowrap;">Second</div>
</td>
<td style="border-bottom: #ffffff 1px solid; width: 6pt; padding: 0pt;">​</td>
<td style="border-bottom: #ffffff 1px solid; width: 6pt; padding: 0pt;">​</td>
<td style="border-bottom: #000000 1px solid; padding-bottom: 2.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.25pt;" colspan="4">
<div style="text-align: center; white-space: nowrap;">Third</div>
</td>
<td style="border-bottom: #ffffff 1px solid; width: 6pt; padding: 0pt;">​</td>
<td style="border-bottom: #ffffff 1px solid; width: 6pt; padding: 0pt;">​</td>
<td style="border-bottom: #000000 1px solid; padding-bottom: 2.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.25pt;" colspan="4">
<div style="text-align: center; white-space: nowrap;">Fourth</div>
</td>
<td style="border-bottom: #ffffff 1px solid; width: 6pt; padding: 0pt;">​</td>
<td style="border-bottom: #ffffff 1px solid; width: 6pt; padding: 0pt;">​</td>
<td style="border-bottom: #000000 1px solid; padding-bottom: 2.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.25pt;" colspan="4">
<div style="text-align: center; white-space: nowrap;">Year</div>
</td>
<td style="border-bottom: #ffffff 1px solid; width: 0pt; padding: 0pt;">​</td>
</tr>
<tr style="text-align: left; text-transform: none; font: bold italic 8pt/8pt 'times new roman', times, serif; white-space: nowrap; color: #000000; vertical-align: bottom;">
<td style="padding-bottom: 0.5pt; padding-left: 0pt; width: 207.46pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="text-align: center; padding-bottom: 1.5pt; padding-left: 0pt; width: 0pt; padding-right: 0pt; padding-top: 3.25pt;" colspan="28">
<div style="text-align: center; white-space: nowrap;">(in thousands, except per share data)</div>
</td>
<td style="width: 0pt; padding: 0pt;">​</td>
</tr>
<tr style="text-align: right; text-transform: none; background-color: #cceeff; font: 10pt/10pt 'times new roman', times, serif; white-space: nowrap; color: #000000; vertical-align: bottom;">
<td style="text-align: left; padding-bottom: 1.5pt; padding-left: 0pt; width: 207.46pt; padding-right: 0pt; padding-top:
3.5pt;">
<div style="white-space: nowrap;">Gross written premiums</div>
</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="min-width: 3.75pt; text-align: right; padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.5pt;">$</td>
<td style="min-width: 24.75pt; text-align: right; padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3.5pt;">147,241</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="min-width: 3.75pt; text-align: right; padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.5pt;">$</td>
<td style="min-width: 24.75pt; text-align: right; padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3.5pt;">96,960</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="min-width: 3.75pt; text-align: right; padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.5pt;">$</td>
<td style="min-width: 24.75pt; text-align: right; padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3.5pt;">171,415</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="min-width: 3.75pt; text-align: right; padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.5pt;">$</td>
<td style="min-width: 24.75pt; text-align: right; padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3.5pt;">103,151</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="min-width: 3.75pt; text-align: right; padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.5pt;">$</td>
<td style="min-width: 24.75pt; text-align: right; padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3.5pt;">518,767</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
</tr>
<tr style="text-align: right; text-transform: none; font: 10pt/10pt 'times new roman', times, serif; white-space: nowrap; color: #000000; vertical-align: bottom;">
<td style="text-align: left; padding-bottom: 1.5pt; padding-left: 0pt; width: 207.46pt; padding-right: 0pt; padding-top: 3.5pt;">
<div style="white-space: nowrap;">Total revenues</div>
</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="min-width: 3.75pt; text-align: right; padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.5pt;">​</td>
<td style="min-width: 24.75pt; text-align: right; padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3.5pt;">99,695</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="min-width: 3.75pt; text-align: right; padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.5pt;">​</td>
<td style="min-width: 24.75pt; text-align: right; padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3.5pt;">106,796</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="min-width: 3.75pt; text-align: right; padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.5pt;">​</td>
<td style="min-width: 24.75pt; text-align: right; padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3.5pt;">111,817</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="min-width: 3.75pt; text-align: right; padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.5pt;">​</td>
<td style="min-width: 24.75pt; text-align: right; padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3.5pt;">120,695</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="min-width: 3.75pt; text-align: right; padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.5pt;">​</td>
<td style="min-width: 24.75pt; text-align: right; padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3.5pt;">439,003</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
</tr>
<tr style="text-align: right; text-transform: none; background-color: #cceeff; font: 10pt/10pt 'times new roman', times, serif; white-space: nowrap; color: #000000; vertical-align: bottom;">
<td style="text-align: left; padding-bottom: 1.5pt; padding-left: 0pt; width: 207.46pt; padding-right: 0pt; padding-top: 3.5pt;">
<div style="white-space: nowrap;">Net income</div>
</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="min-width: 3.75pt; text-align: right; padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.5pt;">​</td>
<td style="min-width: 24.75pt; text-align: right; padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3.5pt;">9,138</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="min-width: 3.75pt; text-align: right; padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.5pt;">​</td>
<td style="min-width: 24.75pt; text-align: right; padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap;
padding-top: 3.5pt;">9,513</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="min-width: 3.75pt; text-align: right; padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.5pt;">​</td>
<td style="min-width: 24.75pt; text-align: right; padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3.5pt;">17,168</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="min-width: 3.75pt; text-align: right; padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.5pt;">​</td>
<td style="min-width: 24.75pt; text-align: right; padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3.5pt;">8,866</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="min-width: 3.75pt; text-align: right; padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.5pt;">​</td>
<td style="min-width: 24.75pt; text-align: right; padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3.5pt;">44,685</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
</tr>
<tr style="text-align: right; text-transform: none; font: 10pt/10pt 'times new roman', times, serif; white-space: nowrap; color: #000000; vertical-align: bottom;">
<td style="text-align: left; padding-bottom: 1.5pt; padding-left: 0pt; width: 207.46pt; padding-right: 0pt; padding-top: 3.5pt;">
<div style="white-space: nowrap;">Comprehensive income</div>
</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="min-width: 3.75pt; text-align: right; padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.5pt;">​</td>
<td style="min-width: 24.75pt; text-align: right; padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3.5pt;">14,911</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="min-width: 3.75pt; text-align: right; padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.5pt;">​</td>
<td style="min-width: 24.75pt; text-align: right; padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3.5pt;">15,244</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="min-width: 3.75pt; text-align: right; padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.5pt;">​</td>
<td style="min-width: 24.75pt; text-align: right; padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3.5pt;">12,748</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="min-width: 3.75pt; text-align: right; padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.5pt;">​</td>
<td style="min-width: 24.75pt; text-align: right; padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3.5pt;">12,937</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="min-width: 3.75pt; text-align: right; padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.5pt;">​</td>
<td style="min-width: 24.75pt; text-align: right; padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3.5pt;">55,840</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
</tr>
<tr style="text-align: left; text-transform: none; background-color: #cceeff; font: 10pt/10pt 'times new roman', times, serif; white-space: nowrap; color: #000000; vertical-align: bottom;">
<td style="padding-bottom: 1.5pt; padding-left: 0pt; width: 207.46pt; padding-right: 0pt; padding-top: 3.5pt;">Earnings (loss) per share:</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td colspan="6">​</td>
<td colspan="6">​</td>
<td colspan="6">​</td>
<td colspan="6">​</td>
<td colspan="6">​</td>
</tr>
<tr style="text-align: right; text-transform: none; font: 10pt/10pt 'times new roman', times, serif; white-space: nowrap; color: #000000; vertical-align: bottom;">
<td style="text-align: left; padding-bottom: 1.5pt; padding-left: 0pt; width: 207.46pt; padding-right: 0pt; padding-top: 3.5pt;">
<div style="margin-left: 10pt;">Basic</div>
</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="min-width: 3.75pt; text-align: right; padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.5pt;">$</td>
<td style="min-width: 24.75pt; text-align: right; padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3.5pt;">0.32</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="min-width: 3.75pt; text-align: right; padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.5pt;">$</td>
<td style="min-width: 24.75pt; text-align: right; padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3.5pt;">0.33</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="min-width: 3.75pt; text-align: right; padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.5pt;">$</td>
<td style="min-width: 24.75pt; text-align: right; padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap;
padding-top: 3.5pt;">0.60</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="min-width: 3.75pt; text-align: right; padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.5pt;">$</td>
<td style="min-width: 24.75pt; text-align: right; padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3.5pt;">0.31</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="min-width: 3.75pt; text-align: right; padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.5pt;">$</td>
<td style="min-width: 24.75pt; text-align: right; padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3.5pt;">1.57</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
</tr>
<tr style="text-align: right; text-transform: none; background-color: #cceeff; font: 10pt/10pt 'times new roman', times, serif; white-space: nowrap; color: #000000; vertical-align: bottom;">
<td style="text-align: left; padding-bottom: 1.5pt; padding-left: 0pt; width: 207.46pt; padding-right: 0pt; padding-top: 3.5pt;">
<div style="margin-left: 10pt;">Diluted</div>
</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="min-width: 3.75pt; text-align: right; padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.5pt;">$</td>
<td style="min-width: 24.75pt; text-align: right; padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3.5pt;">0.32</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="min-width: 3.75pt; text-align: right; padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.5pt;">$</td>
<td style="min-width: 24.75pt; text-align: right; padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3.5pt;">0.33</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="min-width: 3.75pt; text-align: right; padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.5pt;">$</td>
<td style="min-width: 24.75pt; text-align: right; padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3.5pt;">0.60</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="min-width: 3.75pt; text-align: right; padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.5pt;">$</td>
<td style="min-width: 24.75pt; text-align: right; padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3.5pt;">0.31</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="min-width: 3.75pt; text-align: right; padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.5pt;">$</td>
<td style="min-width: 24.75pt; text-align: right; padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3.5pt;">1.55</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
</tr>
</table>
P3Y
P1Y
P3Y
0.060
1100000
1300000
1600000
1800000
2600000
2000000
2800000
459000
812000
1100000
978000
528000
268000
0
883000
3200000
straight-line basis
P3Y
P10Y
straight-line basis
597000
597000
597000
597000
538000
5237000
8163000
48627000
24896000
14406000
4308000
5123000
120000
-226000-226000
46547000
22861000
13809000
4103000
5690000
116000
-32000-32000
48664000
24178000
13432000
4444000
5947000
672000
-9000-9000
3254000
3542000
3829000
14347000
13000
2549000
12000
522000
88000
2178000
1371000
2197000
1041000
1269000
54000
2823000
804000
675000
1502000
842000
1211000
1940000
826000
10000
8258000
14000
99600000
99600000
-47958000
-41677000
-6281000
14644000
10765000
3879000
-16108000
-16832000
724000
2
1
1 for 50 basis
6000
3800000
7100000
26000
35000
110800000
7500000
20766
25.4748
22200000
4284900
558000
16000000
16200000
401100000
4300000
284000
285000
299000
276000
399000
105552
21
0.0077
0.0150
0.0153
0.0154
0.00
0.0000
0.0200
0.0400
0.2600
0.2500
0.2500
P5Y
P5Y
P5Y
12800000
5400000
17100000
31800000
3900000
12700000
20300000
18.01
22.76
33.54
3.62
3.99
4.31
3500000
12
1
1
14
0.154
0.073
0.027
0.025
0.148
0.048
0.139
0.052
0.043
0.035
0.285
0.136
0.169
0.157
0.492
0.159
0.459
0.173
0.144
0.117
5000000
5000000
<div style="text-align: center; widows: 1; text-transform: none; margin-top: 12pt; text-indent: 0px; font: bold 13px/11pt 'times new roman', times, serif; white-space: normal; letter-spacing: normal; color: #000000; word-spacing: 0px; -webkit-text-stroke-width: 0px;">Summary of Investments — Other than Investments in Related Parties</div>
<table style="widows: 1; text-transform: none; margin-top: 7pt; text-indent: 0px; border-collapse: collapse; font: 13px 'times new roman', times, serif; white-space: normal; letter-spacing: normal; height: 332pt; color: #000000; word-spacing: 0px; -webkit-text-stroke-width: 0px;">
<tr style="text-align: center; text-transform: none; font: bold 8pt/9pt 'times new roman', times, serif; white-space: nowrap; color: #000000; vertical-align: bottom;">
<td style="border-bottom: #000000 1px solid; text-align: left; padding-bottom: 2.167pt; padding-left: 0pt; padding-right: 0pt; padding-top: 0pt;">
<div style="white-space: nowrap;">Type of Investment</div>
</td>
<td style="border-bottom: #ffffff 1px solid; padding: 0pt;">​</td>
<td style="border-bottom: #ffffff 1px solid; padding: 0pt;">​</td>
<td style="border-bottom: #000000 1px solid; padding-bottom: 2.167pt; padding-left: 0pt; padding-right: 0pt; padding-top: 0pt;" colspan="4">
<div style="text-align: center;">Cost or <br />Amortized Cost</div>
</td>
<td style="border-bottom: #ffffff 1px solid; padding: 0pt;">​</td>
<td style="border-bottom: #ffffff 1px solid; padding: 0pt;">​</td>
<td style="border-bottom: #000000 1px solid; padding-bottom: 2.167pt; padding-left: 0pt; padding-right: 0pt; padding-top: 0pt;" colspan="4">
<div style="text-align: center;">Fair <br />Value</div>
</td>
<td style="border-bottom: #ffffff 1px solid; padding: 0pt;">​</td>
<td style="border-bottom: #ffffff 1px solid; padding: 0pt;">​</td>
<td style="border-bottom: #000000 1px solid; padding-bottom: 2.167pt; padding-left: 0pt; padding-right: 0pt; padding-top: 0pt;" colspan="4">
<div style="text-align: center;">Amount at <br />which shown <br />on Balance <br />Sheet<font style="position: relative; bottom: 3.25pt; font-size: 6pt;">(1)</font></div>
</td>
<td style="border-bottom: #ffffff 1px solid; padding: 0pt;">​</td>
</tr>
<tr style="text-align: left; text-transform: none; font: bold italic 8pt/8pt 'times new roman', times, serif; white-space: nowrap; color: #000000; vertical-align: bottom;">
<td style="padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="text-align: center; padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.25pt;" colspan="16">
<div style="text-align: center; white-space: nowrap;">(in thousands)</div>
</td>
<td style="padding: 0pt;">​</td>
</tr>
<tr style="text-align: right; text-transform: none; background-color: #cceeff; font: 10pt/10pt 'times new roman', times, serif; white-space: nowrap; color: #000000; vertical-align: bottom;">
<td style="text-align: left; padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.5pt;">Fixed maturity securities, available-for-sale:</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding-bottom: 0pt; padding-left: 7.305pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 0pt;">​</td>
<td style="padding-bottom: 0pt; padding-left: 7.305pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
</tr>
<tr style="text-align: right; text-transform: none; font: 10pt/10pt 'times new roman', times, serif; white-space: nowrap; color: #000000; vertical-align: bottom;">
<td style="text-align: left; padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.5pt;">
<div style="margin-left: 10pt;">State and municipal</div>
</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding-bottom: 0pt; padding-left: 7.305pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.5pt;">$</td>
<td style="padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3.5pt;">95,864</td>
<td style="padding-bottom: 0pt; padding-left: 7.305pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.5pt;">$</td>
<td style="padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3.5pt;">103,457</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.5pt;">$</td>
<td style="padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3.5pt;">103,457</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
</tr>
<tr style="text-align: right; text-transform: none; background-color: #cceeff; font: 10pt/10pt 'times new roman', times, serif; white-space: nowrap; color: #000000; vertical-align: bottom;">
<td style="text-align: left; padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.5pt;">
<div style="margin-left: 10pt;">Residential mortgage-backed</div>
</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding-bottom: 0pt; padding-left: 7.305pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.5pt;">​</td>
<td style="padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3.5pt;">137,308</td>
<td style="padding-bottom: 0pt; padding-left: 7.305pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.5pt;">​</td>
<td style="padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3.5pt;">136,887</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.5pt;">​</td>
<td style="padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3.5pt;">136,887</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
</tr>
<tr style="text-align: right; text-transform: none; font: 10pt/10pt 'times new roman', times, serif; white-space: nowrap; color: #000000; vertical-align: bottom;">
<td style="text-align: left; padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.5pt;">
<div style="margin-left: 10pt;">Corporate</div>
</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding-bottom: 0pt; padding-left: 7.305pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.5pt;">​</td>
<td style="padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3.5pt;">368,961</td>
<td style="padding-bottom: 0pt; padding-left: 7.305pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.5pt;">​</td>
<td style="padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3.5pt;">363,168</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.5pt;">​</td>
<td style="padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3.5pt;">363,168</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
</tr>
<tr style="text-align: right; text-transform: none; background-color: #cceeff; font: 10pt/10pt 'times new roman', times, serif; white-space: nowrap; color: #000000; vertical-align: bottom;">
<td style="text-align: left; padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.5pt;">
<div style="margin-left: 10pt;">Commercial mortgage and asset-backed</div>
</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding-bottom: 0pt; padding-left: 7.305pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.5pt;">​</td>
<td style="padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3.5pt;">130,231</td>
<td style="padding-bottom: 0pt; padding-left: 7.305pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.5pt;">​</td>
<td style="padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3.5pt;">130,696</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.5pt;">​</td>
<td style="padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3.5pt;">130,696</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
</tr>
<tr style="text-align: right; text-transform: none; font: 10pt/10pt 'times new roman', times, serif; white-space: nowrap; color: #000000; vertical-align: bottom;">
<td style="text-align: left; padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.5pt;">
<div style="margin-left: 10pt;">Obligations of U.S. government corporations and agencies</div>
</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding-bottom: 0pt; padding-left: 7.305pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.5pt;">​</td>
<td style="padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3.5pt;">89,734</td>
<td style="padding-bottom: 0pt; padding-left: 7.305pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.5pt;">​</td>
<td style="padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3.5pt;">90,163</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.5pt;">​</td>
<td style="padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3.5pt;">90,163</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
</tr>
<tr style="text-align: right; text-transform: none; background-color: #cceeff; font: 10pt/12pt 'times new roman', times, serif; white-space: nowrap; color: #000000; vertical-align: bottom;">
<td style="text-align: left; padding-bottom: 0.833pt; padding-left: 0pt; padding-right: 0pt; white-space: normal; padding-top: 2.167pt;">
<div style="text-indent: -10pt; margin-left: 20pt;">U.S. Treasury securities and obligations guaranteed by the U.S. government</div>
</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding-bottom: 0pt; padding-left: 7.305pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="padding-bottom: 0.833pt; padding-left: 0pt; padding-right: 0pt; padding-top: 2.167pt;">​</td>
<td style="padding-bottom: 0.833pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 2.167pt;">73,322</td>
<td style="padding-bottom: 0pt; padding-left: 7.305pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding-bottom: 0.833pt; padding-left: 0pt; padding-right: 0pt; padding-top: 2.167pt;">​</td>
<td style="padding-bottom: 0.833pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 2.167pt;">73,255</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding-bottom: 0.833pt; padding-left: 0pt; padding-right: 0pt; padding-top: 2.167pt;">​</td>
<td style="padding-bottom: 0.833pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 2.167pt;">73,255</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
</tr>
<tr style="text-align: right; text-transform: none; font: 10pt/10pt 'times new roman', times, serif; white-space: nowrap; color: #000000; vertical-align: bottom;">
<td style="border-bottom: #ffffff 1px solid; text-align: left; padding-bottom: 2.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.5pt;">
<div style="margin-left: 10pt;">Redeemable preferred stock</div>
</td>
<td style="border-bottom: #ffffff 1px solid; padding: 0pt;">​</td>
<td style="border-bottom: #ffffff 1px solid; padding: 0pt;">​</td>
<td style="border-bottom: #ffffff 1px solid; padding-bottom: 0pt; padding-left: 7.305pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="border-bottom: #000000 1px solid; padding-bottom: 2.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.5pt;">​</td>
<td style="border-bottom: #000000 1px solid; padding-bottom: 2.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3.5pt;">2,025</td>
<td style="border-bottom: #ffffff 1px solid; padding-bottom: 0pt; padding-left: 7.305pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="border-bottom: #ffffff 1px solid; padding: 0pt;">​</td>
<td style="border-bottom: #ffffff 1px solid; padding: 0pt;">​</td>
<td style="border-bottom: #ffffff 1px solid; padding: 0pt;">​</td>
<td style="border-bottom: #000000 1px solid; padding-bottom: 2.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.5pt;">​</td>
<td style="border-bottom: #000000 1px solid; padding-bottom: 2.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3.5pt;">2,034</td>
<td style="border-bottom: #ffffff 1px solid; padding: 0pt;">​</td>
<td style="border-bottom: #ffffff 1px solid; padding: 0pt;">​</td>
<td style="border-bottom: #ffffff 1px solid; padding: 0pt;">​</td>
<td style="border-bottom: #ffffff 1px solid; padding: 0pt;">​</td>
<td style="border-bottom: #000000 1px solid; padding-bottom: 2.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.5pt;">​</td>
<td style="border-bottom: #000000 1px solid; padding-bottom: 2.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3.5pt;">2,034</td>
<td style="border-bottom: #ffffff 1px solid; padding: 0pt;">​</td>
<td style="border-bottom: #ffffff 1px solid; padding: 0pt;">​</td>
</tr>
<tr style="text-align: right; text-transform: none; background-color: #cceeff; font: 10pt/10pt 'times new roman', times, serif; white-space: nowrap; color: #000000; vertical-align: bottom;">
<td style="text-align: left; padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.25pt;">
<div style="white-space: nowrap;">Total fixed maturity securities, available-for-sale</div>
</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding-bottom: 0pt; padding-left: 7.305pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.25pt;">​</td>
<td style="padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3.25pt;">897,445</td>
<td style="padding-bottom: 0pt; padding-left: 7.305pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.25pt;">​</td>
<td style="padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3.25pt;">899,660</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.25pt;">​</td>
<td style="padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3.25pt;">899,660</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
</tr>
<tr style="text-align: right; text-transform: none; font: 10pt/10pt 'times new roman', times, serif; white-space: nowrap; color: #000000; vertical-align: bottom;">
<td style="text-align: left; padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.5pt;">
<div style="white-space: nowrap;">Fixed maturity securities, trading</div>
</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding-bottom: 0pt; padding-left: 7.305pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.5pt;">​</td>
<td style="padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3.5pt;">5,053</td>
<td style="padding-bottom: 0pt; padding-left: 7.305pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.5pt;">​</td>
<td style="padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3.5pt;">5,046</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.5pt;">​</td>
<td style="padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3.5pt;">5,046</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
</tr>
<tr style="text-align: left; text-transform: none; background-color: #cceeff; font: 10pt/10pt 'times new roman', times, serif; white-space: nowrap; color: #000000; vertical-align: bottom;">
<td style="padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.5pt;">Equity securities, available-for-sale</td>
<td style="padding: 0pt;">​</td>
<td colspan="6">​</td>
<td colspan="6">​</td>
<td colspan="6">​</td>
</tr>
<tr style="text-align: right; text-transform: none; font: 10pt/10pt 'times new roman', times, serif; white-space: nowrap; color: #000000; vertical-align: bottom;">
<td style="text-align: left; padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.5pt;">
<div style="margin-left: 10pt;">Preferred Stock</div>
</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding-bottom: 0pt; padding-left: 7.305pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.5pt;">​</td>
<td style="padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3.5pt;">50,631</td>
<td style="padding-bottom: 0pt; padding-left: 7.305pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.5pt;">​</td>
<td style="padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3.5pt;">54,092</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.5pt;">​</td>
<td style="padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3.5pt;">54,092</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
</tr>
<tr style="text-align: right; text-transform: none; background-color: #cceeff; font: 10pt/10pt 'times new roman', times, serif; white-space: nowrap; color: #000000; vertical-align: bottom;">
<td style="border-bottom: #cceeff 1px solid; text-align: left; padding-bottom: 2.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.5pt;">
<div style="margin-left: 10pt;">Common Stock</div>
</td>
<td style="border-bottom: #cceeff 1px solid; padding: 0pt;">​</td>
<td style="border-bottom: #cceeff 1px solid; padding: 0pt;">​</td>
<td style="border-bottom: #cceeff 1px solid; padding-bottom: 0pt; padding-left: 7.305pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="border-bottom: #000000 1px solid; padding-bottom: 2.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.5pt;">​</td>
<td style="border-bottom: #000000 1px solid; padding-bottom: 2.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3.5pt;">12,747</td>
<td style="border-bottom: #cceeff 1px solid; padding-bottom: 0pt; padding-left: 7.305pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="border-bottom: #cceeff 1px solid; padding: 0pt;">​</td>
<td style="border-bottom: #cceeff 1px solid; padding: 0pt;">​</td>
<td style="border-bottom: #cceeff 1px solid; padding: 0pt;">​</td>
<td style="border-bottom: #000000 1px solid; padding-bottom: 2.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.5pt;">​</td>
<td style="border-bottom: #000000 1px solid; padding-bottom: 2.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3.5pt;">11,652</td>
<td style="border-bottom: #cceeff 1px solid; padding: 0pt;">​</td>
<td style="border-bottom: #cceeff 1px solid; padding: 0pt;">​</td>
<td style="border-bottom: #cceeff 1px solid; padding: 0pt;">​</td>
<td style="border-bottom: #cceeff 1px solid; padding: 0pt;">​</td>
<td style="border-bottom: #000000 1px solid; padding-bottom: 2.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.5pt;">​</td>
<td style="border-bottom: #000000 1px solid; padding-bottom: 2.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3.5pt;">11,652</td>
<td style="border-bottom: #cceeff 1px solid; padding: 0pt;">​</td>
<td style="border-bottom: #cceeff 1px solid; padding: 0pt;">​</td>
</tr>
<tr style="text-align: right; text-transform: none; font: 10pt/10pt 'times new roman', times, serif; white-space: nowrap; color: #000000; vertical-align: bottom;">
<td style="text-align: left; padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.25pt;">
<div style="white-space: nowrap;">Total equity securities, available-for-sale</div>
</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding-bottom: 0pt; padding-left: 7.305pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.25pt;">​</td>
<td style="padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3.25pt;">63,378</td>
<td style="padding-bottom: 0pt; padding-left: 7.305pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.25pt;">​</td>
<td style="padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3.25pt;">65,744</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.25pt;">​</td>
<td style="padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3.25pt;">65,744</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
</tr>
<tr style="text-align: right; text-transform: none; background-color: #cceeff; font: 10pt/10pt 'times new roman', times, serif; white-space: nowrap; color: #000000; vertical-align: bottom;">
<td style="text-align: left; padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.5pt;">
<div style="white-space: nowrap;">Bank loan participations, held-for-investment, net of allowance</div>
</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding-bottom: 0pt; padding-left: 7.305pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.5pt;">​</td>
<td style="padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3.5pt;">191,700</td>
<td style="padding-bottom: 0pt; padding-left: 7.305pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.5pt;">​</td>
<td style="padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3.5pt;">180,086</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.5pt;">​</td>
<td style="padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3.5pt;">191,700</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
</tr>
<tr style="text-align: right; text-transform: none; font: 10pt/10pt 'times new roman', times, serif; white-space: nowrap; color: #000000; vertical-align: bottom;">
<td style="text-align: left; padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.5pt;">
<div style="white-space: nowrap;">Short-term investments</div>
</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding-bottom: 0pt; padding-left: 7.305pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.5pt;">​</td>
<td style="padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3.5pt;">18,270</td>
<td style="padding-bottom: 0pt; padding-left: 7.305pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.5pt;">​</td>
<td style="padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3.5pt;">18,270</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.5pt;">​</td>
<td style="padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3.5pt;">18,270</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
</tr>
<tr style="text-align: right; text-transform: none; background-color: #cceeff; font: 10pt/10pt 'times new roman', times, serif; white-space: nowrap; color: #000000; vertical-align: bottom;">
<td style="border-bottom: #cceeff 1px solid; text-align: left; padding-bottom: 2.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.5pt;">
<div style="white-space: nowrap;">Other invested assets</div>
</td>
<td style="border-bottom: #cceeff 1px solid; padding: 0pt;">​</td>
<td style="border-bottom: #cceeff 1px solid; padding: 0pt;">​</td>
<td style="border-bottom: #cceeff 1px solid; padding-bottom: 0pt; padding-left: 7.305pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="border-bottom: #cceeff 1px solid; padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="border-bottom: #cceeff 1px solid; padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 0pt;">​</td>
<td style="border-bottom: #cceeff 1px solid; padding-bottom: 0pt; padding-left: 7.305pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="border-bottom: #cceeff 1px solid; padding: 0pt;">​</td>
<td style="border-bottom: #cceeff 1px solid; padding: 0pt;">​</td>
<td style="border-bottom: #cceeff 1px solid; padding: 0pt;">​</td>
<td style="border-bottom: #cceeff 1px solid; padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="border-bottom: #cceeff 1px solid; padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 0pt;">​</td>
<td style="border-bottom: #cceeff 1px solid; padding: 0pt;">​</td>
<td style="border-bottom: #cceeff 1px solid; padding: 0pt;">​</td>
<td style="border-bottom: #cceeff 1px solid; padding: 0pt;">​</td>
<td style="border-bottom: #cceeff 1px solid; padding: 0pt;">​</td>
<td style="border-bottom: #000000 1px solid; padding-bottom: 2.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.5pt;">​</td>
<td style="border-bottom: #000000 1px solid; padding-bottom: 2.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3.5pt;">15,349</td>
<td style="border-bottom: #cceeff 1px solid; padding: 0pt;">​</td>
<td style="border-bottom: #cceeff 1px solid; padding: 0pt;">​</td>
</tr>
<tr style="text-align: right; text-transform: none; font: 10pt/10pt 'times new roman', times, serif; white-space: nowrap; color: #000000; vertical-align: bottom;">
<td style="text-align: left; padding-bottom: 2.75pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.25pt;">
<div style="white-space: nowrap;">Total invested assets</div>
</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding-bottom: 0pt; padding-left: 7.305pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="padding-bottom: 1.75pt; padding-left: 0pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="padding-bottom: 1.75pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 0pt;">​</td>
<td style="padding-bottom: 0pt; padding-left: 7.305pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding-bottom: 1.75pt; padding-left: 0pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="padding-bottom: 1.75pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="border-bottom: #000000 3px double; padding-bottom: 2pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.25pt;">$</td>
<td style="border-bottom: #000000 3px double; padding-bottom: 2pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3.25pt;">1,195,769</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
</tr>
<tr style="line-height: 10pt; height: 10pt;">
<td style="line-height: 0pt; font-size: 0pt; padding: 0pt;" colspan="23">​</td>
</tr>
</table>
<div style="widows: 1; text-transform: none; margin-top: 6.48pt; text-indent: 0px; font: 13px 'times new roman', times, serif; white-space: normal; letter-spacing: normal; color: #000000; word-spacing: 0px; -webkit-text-stroke-width: 0px;">
<div style="border-bottom: #000000 1pt solid; line-height: 0pt; margin-top: 0pt; margin-left: 0pt; font-size: 1pt;">​</div>
</div>
<div style="text-align: left; widows: 1; text-transform: none; margin-top: 11.98pt; text-indent: 0px; font: 13px 'times new roman', times, serif; white-space: nowrap; margin-bottom: 0pt; float: left; letter-spacing: normal; color: #000000; word-spacing: 0px; -webkit-text-stroke-width: 0px;">(1)</div>
<div style="text-align: left; widows: 1; text-transform: none; margin-top: 11.98pt; text-indent: 0px; font: 13px 'times new roman', times, serif; white-space: normal; margin-bottom: 0pt; float: left; letter-spacing: normal; color: #000000; word-spacing: 0px; -webkit-text-stroke-width: 0px;">Differences between the amounts in this column and the amounts in the consolidated balance sheet are due to this schedule excluding investments in related parties.</div>
<div style="widows: 1; text-transform: none; margin-top: 46pt; text-indent: 0px; font: 13px 'times new roman', times, serif; white-space: normal; margin-bottom: 0pt; letter-spacing: normal; color: #000000; margin-left: 70pt; word-spacing: 0px; -webkit-text-stroke-width: 0px;">
<div style="text-align: center; line-height: 11pt; margin-top: 0pt; font-weight: bold;">Condensed Financial Information of Registrant</div>
<div style="text-align: center; line-height: 12pt; margin-top: 0pt; font-weight: bold;">Balance Sheets (Parent Company)</div>
<table style="margin-top: 8pt; width: 80%; border-collapse: collapse; height: 402px;" border="0">
<tr style="text-align: left; text-transform: none; font: bold 8pt/8pt 'times new roman', times, serif; white-space: nowrap; color: #000000; vertical-align: bottom;">
<td align="left" style="border-bottom: #ffffff 1px solid; padding-bottom: 0.5pt; padding-right: 0pt; margin-left: 30px; padding-top: 0pt;">​</td>
<td align="left" style="border-bottom: #ffffff 1px solid; padding-bottom: 0pt; padding-right: 0pt; margin-left: 30px; padding-top: 0pt;">​</td>
<td align="left" style="border-bottom: #ffffff 1px solid; padding-bottom: 0pt; padding-right: 0pt; margin-left: 30px; padding-top: 0pt;">​</td>
<td align="left" style="border-bottom: #000000 1px solid; text-align: center; padding-bottom: 2.5pt; padding-right: 0pt; margin-left: 30px; padding-top: 0pt;" colspan="10">
<div style="text-align: center; white-space: nowrap;">December 31,</div>
</td>
<td align="left" style="border-bottom: #ffffff 1px solid; padding-bottom: 0pt; padding-right: 0pt; margin-left: 30px; padding-top: 0pt;">​</td>
</tr>
<tr style="text-align: center; text-transform: none; font: bold 8pt/8pt 'times new roman', times, serif; white-space: nowrap; color: #000000; vertical-align: bottom;">
<td style="border-bottom: #ffffff 1px solid; text-align: left; padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="border-bottom: #ffffff 1px solid; padding: 0pt;">​</td>
<td style="border-bottom: #ffffff 1px solid; padding: 0pt;">​</td>
<td style="border-bottom: #000000 1px solid; padding-bottom: 2.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.25pt;" colspan="4">
<div style="text-align: center; white-space: nowrap;">2015</div>
</td>
<td style="border-bottom: #ffffff 1px solid; padding: 0pt;">​</td>
<td style="border-bottom: #ffffff 1px solid; padding: 0pt;">​</td>
<td style="border-bottom: #000000 1px solid; padding-bottom: 2.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.25pt;" colspan="4">
<div style="text-align: center; white-space: nowrap;">2014</div>
</td>
<td style="border-bottom: #ffffff 1px solid; padding: 0pt;">​</td>
</tr>
<tr style="text-align: left; text-transform: none; font: bold italic 8pt/8pt 'times new roman', times, serif; white-space: nowrap; color: #000000; vertical-align: bottom;">
<td style="padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="text-align: center; padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.25pt;" colspan="10">
<div style="text-align: center; white-space: nowrap;">(in thousands)</div>
</td>
<td style="padding: 0pt;">​</td>
</tr>
<tr style="text-align: right; text-transform: none; background-color: #cceeff; font: bold 10pt/10pt 'times new roman', times, serif; white-space: nowrap; color: #000000; vertical-align: bottom;">
<td style="text-align: left; padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.5pt;">Assets</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
</tr>
<tr style="text-align: right; text-transform: none; font: 10pt/10pt 'times new roman', times, serif; white-space: nowrap; color: #000000; vertical-align: bottom;">
<td style="text-align: left; padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.5pt;">
<div style="white-space: nowrap;">Cash and cash equivalents</div>
</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.5pt;">$</td>
<td style="padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3.5pt;">1,976</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.5pt;">$</td>
<td style="padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3.5pt;">623</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
</tr>
<tr style="text-align: right; text-transform: none; background-color: #cceeff; font: 10pt/10pt 'times new roman', times, serif; white-space: nowrap; color: #000000; vertical-align: bottom;">
<td style="text-align: left; padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.5pt;">
<div style="white-space: nowrap;">Investment in subsidiaries</div>
</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.5pt;">​</td>
<td style="padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3.5pt;">891,627</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.5pt;">​</td>
<td style="padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3.5pt;">893,365</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
</tr>
<tr style="text-align: right; text-transform: none; font: 10pt/10pt 'times new roman', times, serif; white-space: nowrap; color: #000000; vertical-align: bottom;">
<td style="text-align: left; padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.5pt;">
<div style="white-space: nowrap;">Due from subsidiaries</div>
</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.5pt;">​</td>
<td style="padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3.5pt;">—</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.5pt;">​</td>
<td style="padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3.5pt;">247</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
</tr>
<tr style="text-align: right; text-transform: none; background-color: #cceeff; font: 10pt/10pt 'times new roman', times, serif; white-space: nowrap; color: #000000; vertical-align: bottom;">
<td style="border-bottom: #cceeff 1px solid; text-align: left; padding-bottom: 2.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.5pt;">
<div style="white-space: nowrap;">Other assets</div>
</td>
<td style="border-bottom: #cceeff 1px solid; padding: 0pt;">​</td>
<td style="border-bottom: #cceeff 1px solid; padding: 0pt;">​</td>
<td style="border-bottom: #cceeff 1px solid; padding: 0pt;">​</td>
<td style="border-bottom: #000000 1px solid; padding-bottom: 2.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.5pt;">​</td>
<td style="border-bottom: #000000 1px solid; padding-bottom: 2.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3.5pt;">2,152</td>
<td style="border-bottom: #cceeff 1px solid; padding: 0pt;">​</td>
<td style="border-bottom: #cceeff 1px solid; padding: 0pt;">​</td>
<td style="border-bottom: #cceeff 1px solid; padding: 0pt;">​</td>
<td style="border-bottom: #cceeff 1px solid; padding: 0pt;">​</td>
<td style="border-bottom: #000000 1px solid; padding-bottom: 2.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.5pt;">​</td>
<td style="border-bottom: #000000 1px solid; padding-bottom: 2.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3.5pt;">2,450</td>
<td style="border-bottom: #cceeff 1px solid; padding: 0pt;">​</td>
<td style="border-bottom: #cceeff 1px solid; padding: 0pt;">​</td>
</tr>
<tr style="text-align: right; text-transform: none; font: 10pt/10pt 'times new roman', times, serif; white-space: nowrap; color: #000000; vertical-align: bottom;">
<td style="text-align: left; padding-bottom: 3.25pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.25pt;">
<div style="white-space: nowrap;">Total assets</div>
</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="border-bottom: #000000 3px double; padding-bottom: 2.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.25pt;">$</td>
<td style="border-bottom: #000000 3px double; padding-bottom: 2.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3.25pt;">895,755</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="border-bottom: #000000 3px double; padding-bottom: 2.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.25pt;">$</td>
<td style="border-bottom: #000000 3px double; padding-bottom: 2.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3.25pt;">896,685</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
</tr>
<tr style="text-align: right; text-transform: none; background-color: #cceeff; font: bold 10pt/10pt 'times new roman', times, serif; white-space: nowrap; color: #000000; vertical-align: bottom;">
<td style="text-align: left; padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 8.75pt;">Liabilities and shareholders’ equity</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
</tr>
<tr style="text-align: right; text-transform: none; font: 10pt/10pt 'times new roman', times, serif; white-space: nowrap; color: #000000; vertical-align: bottom;">
<td style="text-align: left; padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.5pt;">Liabilities:</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
</tr>
<tr style="text-align: right; text-transform: none; background-color: #cceeff; font: 10pt/10pt 'times new roman', times, serif; white-space: nowrap; color: #000000; vertical-align: bottom;">
<td style="text-align: left; padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.5pt;">
<div style="margin-left: 10pt;">Accrued expenses</div>
</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.5pt;">$</td>
<td style="padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3.5pt;">3,243</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.5pt;">$</td>
<td style="padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3.5pt;">4,473</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
</tr>
<tr style="text-align: right; text-transform: none; font: 10pt/10pt 'times new roman', times, serif; white-space: nowrap; color: #000000; vertical-align: bottom;">
<td style="text-align: left; padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.5pt;">
<div style="margin-left: 10pt;">Senior debt</div>
</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.5pt;">​</td>
<td style="padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3.5pt;">73,300</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.5pt;">​</td>
<td style="padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3.5pt;">73,300</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
</tr>
<tr style="text-align: right; text-transform: none; background-color: #cceeff; font: 10pt/10pt 'times new roman', times, serif; white-space: nowrap; color: #000000; vertical-align: bottom;">
<td style="text-align: left; padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.5pt;">
<div style="margin-left: 10pt;">Junior subordinated debt</div>
</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.5pt;">​</td>
<td style="padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3.5pt;">15,928</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.5pt;">​</td>
<td style="padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3.5pt;">15,928</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
</tr>
<tr style="text-align: right; text-transform: none; font: 10pt/10pt 'times new roman', times, serif; white-space: nowrap; color: #000000; vertical-align: bottom;">
<td style="text-align: left; padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.5pt;">
<div style="margin-left: 10pt;">Notes payable to subsidiary</div>
</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.5pt;">​</td>
<td style="padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3.5pt;">100,000</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.5pt;">​</td>
<td style="padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3.5pt;">100,000</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
</tr>
<tr style="text-align: right; text-transform: none; background-color: #cceeff; font: 10pt/10pt 'times new roman', times, serif; white-space: nowrap; color: #000000; vertical-align: bottom;">
<td style="text-align: left; padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.5pt;">
<div style="margin-left: 10pt;">Due to subsidiaries</div>
</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.5pt;">​</td>
<td style="padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3.5pt;">20,541</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.5pt;">​</td>
<td style="padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3.5pt;">14,884</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
</tr>
<tr style="text-align: right; text-transform: none; font: 10pt/10pt 'times new roman', times, serif; white-space: nowrap; color: #000000; vertical-align: bottom;">
<td style="border-bottom: #ffffff 1px solid; text-align: left; padding-bottom: 2.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.5pt;">
<div style="margin-left: 10pt;">Other liabilities</div>
</td>
<td style="border-bottom: #ffffff 1px solid; padding: 0pt;">​</td>
<td style="border-bottom: #ffffff 1px solid; padding: 0pt;">​</td>
<td style="border-bottom: #ffffff 1px solid; padding: 0pt;">​</td>
<td style="border-bottom: #000000 1px solid; padding-bottom: 2.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.5pt;">​</td>
<td style="border-bottom: #000000 1px solid; padding-bottom: 2.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3.5pt;">1,705</td>
<td style="border-bottom: #ffffff 1px solid; padding: 0pt;">​</td>
<td style="border-bottom: #ffffff 1px solid; padding: 0pt;">​</td>
<td style="border-bottom: #ffffff 1px solid; padding: 0pt;">​</td>
<td style="border-bottom: #ffffff 1px solid; padding: 0pt;">​</td>
<td style="border-bottom: #000000 1px solid; padding-bottom: 2.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.5pt;">​</td>
<td style="border-bottom: #000000 1px solid; padding-bottom: 2.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3.5pt;">179</td>
<td style="border-bottom: #ffffff 1px solid; padding: 0pt;">​</td>
<td style="border-bottom: #ffffff 1px solid; padding: 0pt;">​</td>
</tr>
<tr style="text-align: right; text-transform: none; background-color: #cceeff; font: 10pt/10pt 'times new roman', times, serif; white-space: nowrap; color: #000000; vertical-align: bottom;">
<td style="text-align: left; padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.25pt;">
<div style="white-space: nowrap;">Total liabilities</div>
</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.25pt;">​</td>
<td style="padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3.25pt;">214,717</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.25pt;">​</td>
<td style="padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3.25pt;">208,764</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
</tr>
<tr style="text-align: right; text-transform: none; font: 10pt/10pt 'times new roman', times, serif; white-space: nowrap; color: #000000; vertical-align: bottom;">
<td style="text-align: left; padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 9.5pt;">Commitments and contingent liabilities</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
</tr>
<tr style="text-align: right; text-transform: none; background-color: #cceeff; font: 10pt/10pt 'times new roman', times, serif; white-space: nowrap; color: #000000; vertical-align: bottom;">
<td style="text-align: left; padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 9.5pt;">Shareholders’ equity:</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
</tr>
<tr style="text-align: right; text-transform: none; font: 10pt/10pt 'times new roman', times, serif; white-space: nowrap; color: #000000; vertical-align: bottom;">
<td style="text-align: left; padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.5pt;">
<div style="margin-left: 10pt;">Class A common shares</div>
</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.5pt;">​</td>
<td style="padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3.5pt;">6</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.5pt;">​</td>
<td style="padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3.5pt;">6</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
</tr>
<tr style="text-align: right; text-transform: none; background-color: #cceeff; font: 10pt/10pt 'times new roman', times, serif; white-space: nowrap; color: #000000; vertical-align: bottom;">
<td style="text-align: left; padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.5pt;">
<div style="margin-left: 10pt;">Additional paid-in capital</div>
</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.5pt;">​</td>
<td style="padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3.5pt;">630,820</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.5pt;">​</td>
<td style="padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3.5pt;">628,236</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
</tr>
<tr style="text-align: right; text-transform: none; font: 10pt/10pt 'times new roman', times, serif; white-space: nowrap; color: #000000; vertical-align: bottom;">
<td style="text-align: left; padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.5pt;">
<div style="margin-left: 10pt;">Retained earnings</div>
</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.5pt;">​</td>
<td style="padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3.5pt;">47,026</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.5pt;">​</td>
<td style="padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3.5pt;">41,323</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
</tr>
<tr style="text-align: right; text-transform: none; background-color: #cceeff; font: 10pt/10pt 'times new roman', times, serif; white-space: nowrap; color: #000000; vertical-align: bottom;">
<td style="border-bottom: #cceeff 1px solid; text-align: left; padding-bottom: 2.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.5pt;">
<div style="margin-left: 10pt;">Accumulated other comprehensive income</div>
</td>
<td style="border-bottom: #cceeff 1px solid; padding: 0pt;">​</td>
<td style="border-bottom: #cceeff 1px solid; padding: 0pt;">​</td>
<td style="border-bottom: #cceeff 1px solid; padding: 0pt;">​</td>
<td style="border-bottom: #000000 1px solid; padding-bottom: 2.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.5pt;">​</td>
<td style="border-bottom: #000000 1px solid; padding-bottom: 2.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3.5pt;">3,186</td>
<td style="border-bottom: #cceeff 1px solid; padding: 0pt;">​</td>
<td style="border-bottom: #cceeff 1px solid; padding: 0pt;">​</td>
<td style="border-bottom: #cceeff 1px solid; padding: 0pt;">​</td>
<td style="border-bottom: #cceeff 1px solid; padding: 0pt;">​</td>
<td style="border-bottom: #000000 1px solid; padding-bottom: 2.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.5pt;">​</td>
<td style="border-bottom: #000000 1px solid; padding-bottom: 2.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3.5pt;">18,356</td>
<td style="border-bottom: #cceeff 1px solid; padding: 0pt;">​</td>
<td style="border-bottom: #cceeff 1px solid; padding: 0pt;">​</td>
</tr>
<tr style="text-align: right; text-transform: none; font: 10pt/10pt 'times new roman', times, serif; white-space: nowrap; color: #000000; vertical-align: bottom;">
<td style="border-bottom: #ffffff 1px solid; text-align: left; padding-bottom: 2.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.25pt;">
<div style="white-space: nowrap;">Total shareholders’ equity</div>
</td>
<td style="border-bottom: #ffffff 1px solid; padding: 0pt;">​</td>
<td style="border-bottom: #ffffff 1px solid; padding: 0pt;">​</td>
<td style="border-bottom: #ffffff 1px solid; padding: 0pt;">​</td>
<td style="border-bottom: #000000 1px solid; padding-bottom: 2.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.25pt;">​</td>
<td style="border-bottom: #000000 1px solid; padding-bottom: 2.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3.25pt;">681,038</td>
<td style="border-bottom: #ffffff 1px solid; padding: 0pt;">​</td>
<td style="border-bottom: #ffffff 1px solid; padding: 0pt;">​</td>
<td style="border-bottom: #ffffff 1px solid; padding: 0pt;">​</td>
<td style="border-bottom: #ffffff 1px solid; padding: 0pt;">​</td>
<td style="border-bottom: #000000 1px solid; padding-bottom: 2.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.25pt;">​</td>
<td style="border-bottom: #000000 1px solid; padding-bottom: 2.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3.25pt;">687,921</td>
<td style="border-bottom: #ffffff 1px solid; padding: 0pt;">​</td>
<td style="border-bottom: #ffffff 1px solid; padding: 0pt;">​</td>
</tr>
<tr style="text-align: right; text-transform: none; background-color: #cceeff; font: 10pt/10pt 'times new roman', times, serif; white-space: nowrap; color: #000000; vertical-align: bottom;">
<td style="text-align: left; padding-bottom: 2.75pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.25pt;">
<div style="white-space: nowrap;">Total liabilities and shareholders’ equity</div>
</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="border-bottom: #000000 3px double; padding-bottom: 2pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.25pt;">$</td>
<td style="border-bottom: #000000 3px double; padding-bottom: 2pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3.25pt;">895,755</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="border-bottom: #000000 3px double; padding-bottom: 2pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.25pt;">$</td>
<td style="border-bottom: #000000 3px double; padding-bottom: 2pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3.25pt;">896,685</td>
<td style="padding: 0pt;">​</td>
<td style="padding-bottom: 0pt; padding-right: 0pt; margin-left: 30px; padding-top: 0pt;">​</td>
</tr>
<tr style="line-height: 4pt; height: 4pt;">
<td style="line-height: 0pt; font-size: 0pt; padding: 0pt;" colspan="16">​</td>
</tr>
</table>
</div>
<p align="left"> </p>
<div style="text-align: center; widows: 1; text-transform: none; margin-top: 12pt; text-indent: 0px; font: bold 13px/11pt 'times new roman', times, serif; white-space: normal; letter-spacing: normal; color: #000000; word-spacing: 0px; -webkit-text-stroke-width: 0px;">Condensed Financial Information of Registrant</div>
<div style="text-align: center; widows: 1; text-transform: none; margin-top: 12pt; text-indent: 0px; font: bold 13px/11pt 'times new roman', times, serif; white-space: normal; letter-spacing: normal; color: #000000; word-spacing: 0px; -webkit-text-stroke-width: 0px;">Statements of Income and Comprehensive Income (Parent Company)</div>
<table style="widows: 1; text-transform: none; margin-top: 7pt; text-indent: 0px; width: 80%; border-collapse: collapse; font: 13px 'times new roman', times, serif; white-space: normal; letter-spacing: normal; height: 282px; color: #000000; word-spacing: 0px; -webkit-text-stroke-width: 0px;" border="0">
<tr style="text-align: left; text-transform: none; font: bold 8pt/8pt 'times new roman', times, serif; white-space: nowrap; color: #000000; vertical-align: bottom;">
<td style="border-bottom: #ffffff 1px solid; padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="border-bottom: #ffffff 1px solid; padding: 0pt;">​</td>
<td style="border-bottom: #ffffff 1px solid; padding: 0pt;">​</td>
<td style="border-bottom: #000000 1px solid; text-align: center; padding-bottom: 2.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 0pt;" colspan="16">
<div style="text-align: center; white-space: nowrap;">Year Ended December 31,</div>
</td>
<td style="border-bottom: #ffffff 1px solid; padding: 0pt;">​</td>
</tr>
<tr style="text-align: center; text-transform: none; font: bold 8pt/8pt 'times new roman', times, serif; white-space: nowrap; color: #000000; vertical-align: bottom;">
<td style="border-bottom: #ffffff 1px solid; text-align: left; padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="border-bottom: #ffffff 1px solid; padding: 0pt;">​</td>
<td style="border-bottom: #ffffff 1px solid; padding: 0pt;">​</td>
<td style="border-bottom: #000000 1px solid; padding-bottom: 2.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.25pt;" colspan="4">
<div style="text-align: center; white-space: nowrap;">2015</div>
</td>
<td style="border-bottom: #ffffff 1px solid; padding: 0pt;">​</td>
<td style="border-bottom: #ffffff 1px solid; padding: 0pt;">​</td>
<td style="border-bottom: #000000 1px solid; padding-bottom: 2.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.25pt;" colspan="4">
<div style="text-align: center; white-space: nowrap;">2014</div>
</td>
<td style="border-bottom: #ffffff 1px solid; padding: 0pt;">​</td>
<td style="border-bottom: #ffffff 1px solid; padding: 0pt;">​</td>
<td style="border-bottom: #000000 1px solid; padding-bottom: 2.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.25pt;" colspan="4">
<div style="text-align: center; white-space: nowrap;">2013</div>
</td>
<td style="border-bottom: #ffffff 1px solid; padding: 0pt;">​</td>
</tr>
<tr style="text-align: left; text-transform: none; font: bold italic 8pt/8pt 'times new roman', times, serif; white-space: nowrap; color: #000000; vertical-align: bottom;">
<td style="padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="text-align: center; padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.25pt;" colspan="16">
<div style="text-align: center; white-space: nowrap;">(in thousands)</div>
</td>
<td style="padding: 0pt;">​</td>
</tr>
<tr style="text-align: right; text-transform: none; background-color: #cceeff; font: bold 10pt/10pt 'times new roman', times, serif; white-space: nowrap; color: #000000; vertical-align: bottom;">
<td style="text-align: left; padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.5pt;">Revenues:</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
</tr>
<tr style="text-align: right; text-transform: none; font: 10pt/10pt 'times new roman', times, serif; white-space: nowrap; color: #000000; vertical-align: bottom;">
<td style="text-align: left; padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.5pt;">
<div style="white-space: nowrap;">Management fees from subsidiaries</div>
</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.5pt;">$</td>
<td style="padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3.5pt;">—</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.5pt;">$</td>
<td style="padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3.5pt;">2,600</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.5pt;">$</td>
<td style="padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3.5pt;">2,600</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
</tr>
<tr style="text-align: right; text-transform: none; background-color: #cceeff; font: 10pt/10pt 'times new roman', times, serif; white-space: nowrap; color: #000000; vertical-align: bottom;">
<td style="border-bottom: #cceeff 1px solid; text-align: left; padding-bottom: 2.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.5pt;">
<div style="white-space: nowrap;">Other income</div>
</td>
<td style="border-bottom: #cceeff 1px solid; padding: 0pt;">​</td>
<td style="border-bottom: #cceeff 1px solid; padding: 0pt;">​</td>
<td style="border-bottom: #cceeff 1px solid; padding: 0pt;">​</td>
<td style="border-bottom: #000000 1px solid; padding-bottom: 2.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.5pt;">​</td>
<td style="border-bottom: #000000 1px solid; padding-bottom: 2.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3.5pt;">40</td>
<td style="border-bottom: #cceeff 1px solid; padding: 0pt;">​</td>
<td style="border-bottom: #cceeff 1px solid; padding: 0pt;">​</td>
<td style="border-bottom: #cceeff 1px solid; padding: 0pt;">​</td>
<td style="border-bottom: #cceeff 1px solid; padding: 0pt;">​</td>
<td style="border-bottom: #000000 1px solid; padding-bottom: 2.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.5pt;">​</td>
<td style="border-bottom: #000000 1px solid; padding-bottom: 2.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3.5pt;">40</td>
<td style="border-bottom: #cceeff 1px solid; padding: 0pt;">​</td>
<td style="border-bottom: #cceeff 1px solid; padding: 0pt;">​</td>
<td style="border-bottom: #cceeff 1px solid; padding: 0pt;">​</td>
<td style="border-bottom: #cceeff 1px solid; padding: 0pt;">​</td>
<td style="border-bottom: #000000 1px solid; padding-bottom: 2.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.5pt;">​</td>
<td style="border-bottom: #000000 1px solid; padding-bottom: 2.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3.5pt;">—</td>
<td style="border-bottom: #cceeff 1px solid; padding: 0pt;">​</td>
<td style="border-bottom: #cceeff 1px solid; padding: 0pt;">​</td>
</tr>
<tr style="text-align: right; text-transform: none; font: 10pt/10pt 'times new roman', times, serif; white-space: nowrap; color: #000000; vertical-align: bottom;">
<td style="text-align: left; padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.25pt;">
<div style="white-space: nowrap;">Total revenues</div>
</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.25pt;">​</td>
<td style="padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3.25pt;">40</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.25pt;">​</td>
<td style="padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3.25pt;">2,640</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.25pt;">​</td>
<td style="padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3.25pt;">2,600</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
</tr>
<tr style="text-align: right; text-transform: none; background-color: #cceeff; font: bold 10pt/10pt 'times new roman', times, serif; white-space: nowrap; color: #000000; vertical-align: bottom;">
<td style="text-align: left; padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 9.5pt;">Expenses:</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
</tr>
<tr style="text-align: right; text-transform: none; font: 10pt/10pt 'times new roman', times, serif; white-space: nowrap; color: #000000; vertical-align: bottom;">
<td style="text-align: left; padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.5pt;">
<div style="white-space: nowrap;">Other operating expenses</div>
</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.5pt;">​</td>
<td style="padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3.5pt;">8,254</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.5pt;">​</td>
<td style="padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3.5pt;">5,204</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.5pt;">​</td>
<td style="padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3.5pt;">4,746</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
</tr>
<tr style="text-align: right; text-transform: none; background-color: #cceeff; font: 10pt/10pt 'times new roman', times, serif; white-space: nowrap; color: #000000; vertical-align: bottom;">
<td style="text-align: left; padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.5pt;">
<div style="white-space: nowrap;">Other expenses</div>
</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.5pt;">​</td>
<td style="padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3.5pt;">284</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.5pt;">​</td>
<td style="padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3.5pt;">7,353</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.5pt;">​</td>
<td style="padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3.5pt;">389</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
</tr>
<tr style="text-align: right; text-transform: none; font: 10pt/10pt 'times new roman', times, serif; white-space: nowrap; color: #000000; vertical-align: bottom;">
<td style="border-bottom: #ffffff 1px solid; text-align: left; padding-bottom: 2.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.5pt;">
<div style="white-space: nowrap;">Interest expense</div>
</td>
<td style="border-bottom: #ffffff 1px solid; padding: 0pt;">​</td>
<td style="border-bottom: #ffffff 1px solid; padding: 0pt;">​</td>
<td style="border-bottom: #ffffff 1px solid; padding: 0pt;">​</td>
<td style="border-bottom: #000000 1px solid; padding-bottom: 2.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.5pt;">​</td>
<td style="border-bottom: #000000 1px solid; padding-bottom: 2.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3.5pt;">3,687</td>
<td style="border-bottom: #ffffff 1px solid; padding: 0pt;">​</td>
<td style="border-bottom: #ffffff 1px solid; padding: 0pt;">​</td>
<td style="border-bottom: #ffffff 1px solid; padding: 0pt;">​</td>
<td style="border-bottom: #ffffff 1px solid; padding: 0pt;">​</td>
<td style="border-bottom: #000000 1px solid; padding-bottom: 2.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.5pt;">​</td>
<td style="border-bottom: #000000 1px solid; padding-bottom: 2.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3.5pt;">3,099</td>
<td style="border-bottom: #ffffff 1px solid; padding: 0pt;">​</td>
<td style="border-bottom: #ffffff 1px solid; padding: 0pt;">​</td>
<td style="border-bottom: #ffffff 1px solid; padding: 0pt;">​</td>
<td style="border-bottom: #ffffff 1px solid; padding: 0pt;">​</td>
<td style="border-bottom: #000000 1px solid; padding-bottom: 2.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.5pt;">​</td>
<td style="border-bottom: #000000 1px solid; padding-bottom: 2.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3.5pt;">1,638</td>
<td style="border-bottom: #ffffff 1px solid; padding: 0pt;">​</td>
<td style="border-bottom: #ffffff 1px solid; padding: 0pt;">​</td>
</tr>
<tr style="text-align: right; text-transform: none; background-color: #cceeff; font: 10pt/10pt 'times new roman', times, serif; white-space: nowrap; color: #000000; vertical-align: bottom;">
<td style="border-bottom: #cceeff 1px solid; text-align: left; padding-bottom: 2.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.25pt;">
<div style="white-space: nowrap;">Total expenses</div>
</td>
<td style="border-bottom: #cceeff 1px solid; padding: 0pt;">​</td>
<td style="border-bottom: #cceeff 1px solid; padding: 0pt;">​</td>
<td style="border-bottom: #cceeff 1px solid; padding: 0pt;">​</td>
<td style="border-bottom: #000000 1px solid; padding-bottom: 2.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.25pt;">​</td>
<td style="border-bottom: #000000 1px solid; padding-bottom: 2.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3.25pt;">12,225</td>
<td style="border-bottom: #cceeff 1px solid; padding: 0pt;">​</td>
<td style="border-bottom: #cceeff 1px solid; padding: 0pt;">​</td>
<td style="border-bottom: #cceeff 1px solid; padding: 0pt;">​</td>
<td style="border-bottom: #cceeff 1px solid; padding: 0pt;">​</td>
<td style="border-bottom: #000000 1px solid; padding-bottom: 2.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.25pt;">​</td>
<td style="border-bottom: #000000 1px solid; padding-bottom: 2.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3.25pt;">15,656</td>
<td style="border-bottom: #cceeff 1px solid; padding: 0pt;">​</td>
<td style="border-bottom: #cceeff 1px solid; padding: 0pt;">​</td>
<td style="border-bottom: #cceeff 1px solid; padding: 0pt;">​</td>
<td style="border-bottom: #cceeff 1px solid; padding: 0pt;">​</td>
<td style="border-bottom: #000000 1px solid; padding-bottom: 2.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.25pt;">​</td>
<td style="border-bottom: #000000 1px solid; padding-bottom: 2.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3.25pt;">6,773</td>
<td style="border-bottom: #cceeff 1px solid; padding: 0pt;">​</td>
<td style="border-bottom: #cceeff 1px solid; padding: 0pt;">​</td>
</tr>
<tr style="text-align: right; text-transform: none; font: 10pt/10pt 'times new roman', times, serif; white-space: nowrap; color: #000000; vertical-align: bottom;">
<td style="text-align: left; padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 9.25pt;">
<div style="white-space: nowrap;">Loss before equity in net income of subsidiaries</div>
</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 9.25pt;">​</td>
<td style="padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 9.25pt;">(12,185<font style="position: absolute;">)</font></td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 9.25pt;">​</td>
<td style="padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 9.25pt;">(13,016<font style="position: absolute;">)</font></td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 9.25pt;">​</td>
<td style="padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 9.25pt;">(4,173<font style="position: absolute;">)</font></td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
</tr>
<tr style="text-align: right; text-transform: none; background-color: #cceeff; font: 10pt/10pt 'times new roman', times, serif; white-space: nowrap; color: #000000; vertical-align: bottom;">
<td style="border-bottom: #cceeff 1px solid; text-align: left; padding-bottom: 2.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.5pt;">
<div style="white-space: nowrap;">Equity in net income of subsidiaries</div>
</td>
<td style="border-bottom: #cceeff 1px solid; padding: 0pt;">​</td>
<td style="border-bottom: #cceeff 1px solid; padding: 0pt;">​</td>
<td style="border-bottom: #cceeff 1px solid; padding: 0pt;">​</td>
<td style="border-bottom: #000000 1px solid; padding-bottom: 2.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.5pt;">​</td>
<td style="border-bottom: #000000 1px solid; padding-bottom: 2.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3.5pt;">65,682</td>
<td style="border-bottom: #cceeff 1px solid; padding: 0pt;">​</td>
<td style="border-bottom: #cceeff 1px solid; padding: 0pt;">​</td>
<td style="border-bottom: #cceeff 1px solid; padding: 0pt;">​</td>
<td style="border-bottom: #cceeff 1px solid; padding: 0pt;">​</td>
<td style="border-bottom: #000000 1px solid; padding-bottom: 2.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.5pt;">​</td>
<td style="border-bottom: #000000 1px solid; padding-bottom: 2.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3.5pt;">57,701</td>
<td style="border-bottom: #cceeff 1px solid; padding: 0pt;">​</td>
<td style="border-bottom: #cceeff 1px solid; padding: 0pt;">​</td>
<td style="border-bottom: #cceeff 1px solid; padding: 0pt;">​</td>
<td style="border-bottom: #cceeff 1px solid; padding: 0pt;">​</td>
<td style="border-bottom: #000000 1px solid; padding-bottom: 2.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.5pt;">​</td>
<td style="border-bottom: #000000 1px solid; padding-bottom: 2.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3.5pt;">71,510</td>
<td style="border-bottom: #cceeff 1px solid; padding: 0pt;">​</td>
<td style="border-bottom: #cceeff 1px solid; padding: 0pt;">​</td>
</tr>
<tr style="text-align: right; text-transform: none; font: 10pt/10pt 'times new roman', times, serif; white-space: nowrap; color: #000000; vertical-align: bottom;">
<td style="text-align: left; padding-bottom: 3.25pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.25pt;">
<div style="white-space: nowrap; font-weight: bold;">Net income</div>
</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="border-bottom: #000000 3px double; padding-bottom: 2.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.25pt;">$</td>
<td style="border-bottom: #000000 3px double; padding-bottom: 2.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3.25pt;">53,497</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="border-bottom: #000000 3px double; padding-bottom: 2.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.25pt;">$</td>
<td style="border-bottom: #000000 3px double; padding-bottom: 2.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3.25pt;">44,685</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="border-bottom: #000000 3px double; padding-bottom: 2.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.25pt;">$</td>
<td style="border-bottom: #000000 3px double; padding-bottom: 2.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3.25pt;">67,337</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
</tr>
<tr style="text-align: right; text-transform: none; background-color: #cceeff; font: 10pt/10pt 'times new roman', times, serif; white-space: nowrap; color: #000000; vertical-align: bottom;">
<td style="text-align: left; padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 8.75pt;">Other comprehensive income:</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
</tr>
<tr style="text-align: right; text-transform: none; font: 10pt/10pt 'times new roman', times, serif; white-space: nowrap; color: #000000; vertical-align: bottom;">
<td style="border-bottom: #ffffff 1px solid; text-align: left; padding-bottom: 2.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.5pt;">
<div style="white-space: nowrap;">Equity in other comprehensive (losses) earnings of subsidiaries</div>
</td>
<td style="border-bottom: #ffffff 1px solid; padding: 0pt;">​</td>
<td style="border-bottom: #ffffff 1px solid; padding: 0pt;">​</td>
<td style="border-bottom: #ffffff 1px solid; padding: 0pt;">​</td>
<td style="border-bottom: #000000 1px solid; padding-bottom: 2.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.5pt;">​</td>
<td style="border-bottom: #000000 1px solid; padding-bottom: 2.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3.5pt;">(15,170<font style="position: absolute;">)</font></td>
<td style="border-bottom: #ffffff 1px solid; padding: 0pt;">​</td>
<td style="border-bottom: #ffffff 1px solid; padding: 0pt;">​</td>
<td style="border-bottom: #ffffff 1px solid; padding: 0pt;">​</td>
<td style="border-bottom: #ffffff 1px solid; padding: 0pt;">​</td>
<td style="border-bottom: #000000 1px solid; padding-bottom: 2.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.5pt;">​</td>
<td style="border-bottom: #000000 1px solid; padding-bottom: 2.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3.5pt;">11,155</td>
<td style="border-bottom: #ffffff 1px solid; padding: 0pt;">​</td>
<td style="border-bottom: #ffffff 1px solid; padding: 0pt;">​</td>
<td style="border-bottom: #ffffff 1px solid; padding: 0pt;">​</td>
<td style="border-bottom: #ffffff 1px solid; padding: 0pt;">​</td>
<td style="border-bottom: #000000 1px solid; padding-bottom: 2.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.5pt;">​</td>
<td style="border-bottom: #000000 1px solid; padding-bottom: 2.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3.5pt;">(39,245<font style="position: absolute;">)</font></td>
<td style="border-bottom: #ffffff 1px solid; padding: 0pt;">​</td>
<td style="border-bottom: #ffffff 1px solid; padding: 0pt;">​</td>
</tr>
<tr style="text-align: right; text-transform: none; background-color: #cceeff; font: 10pt/10pt 'times new roman', times, serif; white-space: nowrap; color: #000000; vertical-align: bottom;">
<td style="text-align: left; padding-bottom: 2.75pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.25pt;">
<div style="white-space: nowrap; font-weight: bold;">Total comprehensive income</div>
</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="border-bottom: #000000 3px double; padding-bottom: 2pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.25pt;">$</td>
<td style="border-bottom: #000000 3px double; padding-bottom: 2pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3.25pt;">38,327</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="border-bottom: #000000 3px double; padding-bottom: 2pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.25pt;">$</td>
<td style="border-bottom: #000000 3px double; padding-bottom: 2pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3.25pt;">55,840</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="border-bottom: #000000 3px double; padding-bottom: 2pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.25pt;">$</td>
<td style="border-bottom: #000000 3px double; padding-bottom: 2pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3.25pt;">28,092</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
</tr>
<tr style="line-height: 4pt; height: 4pt;">
<td style="line-height: 0pt; font-size: 0pt; padding: 0pt;" colspan="23">​</td>
</tr>
</table>
<div> </div>
<div> 
<div style="text-align: center; widows: 1; text-transform: none; margin-top: 12pt; text-indent: 0px; font: bold 13px/11pt 'times new roman', times, serif; white-space: normal; letter-spacing: normal; color: #000000; word-spacing: 0px; -webkit-text-stroke-width: 0px;">Condensed Financial Information of Registrant</div>
<div style="text-align: center; widows: 1; text-transform: none; margin-top: 12pt; text-indent: 0px; font: bold 13px/11pt 'times new roman', times, serif; white-space: normal; letter-spacing: normal; color: #000000; word-spacing: 0px; -webkit-text-stroke-width: 0px;">Statements of Cash Flows (Parent Company)</div>
<table style="widows: 1; text-transform: none; margin-top: 7pt; text-indent: 0px; width: 80%; border-collapse: collapse; font: 13px 'times new roman', times, serif; white-space: normal; letter-spacing: normal; height: 512px; color: #000000; word-spacing: 0px; -webkit-text-stroke-width: 0px;" border="0">
<tr style="text-align: left; text-transform: none; font: bold 8pt/8pt 'times new roman', times, serif; white-space: nowrap; color: #000000; vertical-align: bottom;">
<td style="border-bottom: #ffffff 1px solid; padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="border-bottom: #ffffff 1px solid; padding: 0pt;">​</td>
<td style="border-bottom: #ffffff 1px solid; padding: 0pt;">​</td>
<td style="border-bottom: #000000 1px solid; text-align: center; padding-bottom: 2.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 0pt;" colspan="16">
<div style="text-align: center; white-space: nowrap;">Year Ended December 31,</div>
</td>
<td style="border-bottom: #ffffff 1px solid; padding: 0pt;">​</td>
</tr>
<tr style="text-align: center; text-transform: none; font: bold 8pt/8pt 'times new roman', times, serif; white-space: nowrap; color: #000000; vertical-align: bottom;">
<td style="border-bottom: #ffffff 1px solid; text-align: left; padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="border-bottom: #ffffff 1px solid; padding: 0pt;">​</td>
<td style="border-bottom: #ffffff 1px solid; padding: 0pt;">​</td>
<td style="border-bottom: #000000 1px solid; padding-bottom: 2.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.25pt;" colspan="4">
<div style="text-align: center; white-space: nowrap;">2015</div>
</td>
<td style="border-bottom: #ffffff 1px solid; padding: 0pt;">​</td>
<td style="border-bottom: #ffffff 1px solid; padding: 0pt;">​</td>
<td style="border-bottom: #000000 1px solid; padding-bottom: 2.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.25pt;" colspan="4">
<div style="text-align: center; white-space: nowrap;">2014</div>
</td>
<td style="border-bottom: #ffffff 1px solid; padding: 0pt;">​</td>
<td style="border-bottom: #ffffff 1px solid; padding: 0pt;">​</td>
<td style="border-bottom: #000000 1px solid; padding-bottom: 2.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.25pt;" colspan="4">
<div style="text-align: center; white-space: nowrap;">2013</div>
</td>
<td style="border-bottom: #ffffff 1px solid; padding: 0pt;">​</td>
</tr>
<tr style="text-align: right; text-transform: none; background-color: #cceeff; font: bold 10pt/10pt 'times new roman', times, serif; white-space: nowrap; color: #000000; vertical-align: bottom;">
<td style="text-align: left; padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.25pt;">Operating activities</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
</tr>
<tr style="text-align: right; text-transform: none; font: 10pt/10pt 'times new roman', times, serif; white-space: nowrap; color: #000000; vertical-align: bottom;">
<td style="text-align: left; padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.5pt;">
<div style="white-space: nowrap;">Net income</div>
</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.5pt;">$</td>
<td style="padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3.5pt;">53,497</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.5pt;">$</td>
<td style="padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3.5pt;">44,685</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.5pt;">$</td>
<td style="padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3.5pt;">67,337</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
</tr>
<tr style="text-align: right; text-transform: none; background-color: #cceeff; font: 10pt/12pt 'times new roman', times, serif; white-space: nowrap; color: #000000; vertical-align: bottom;">
<td style="text-align: left; padding-bottom: 0.833pt; padding-left: 0pt; padding-right: 0pt; white-space: normal; padding-top: 2.167pt;">
<div style="text-indent: -10pt; margin-left: 10pt;">Adjustments to reconcile net income to net cash (used in) provided by operating activities:</div>
</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 2.5pt;">​</td>
<td style="padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 2.5pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 2.5pt;">​</td>
<td style="padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 2.5pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 2.5pt;">​</td>
<td style="padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 2.5pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
</tr>
<tr style="text-align: right; text-transform: none; font: 10pt/10pt 'times new roman', times, serif; white-space: nowrap; color: #000000; vertical-align: bottom;">
<td style="text-align: left; padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.5pt;">
<div style="margin-left: 10pt;">Provision for depreciation and amortization</div>
</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.5pt;">​</td>
<td style="padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3.5pt;">157</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.5pt;">​</td>
<td style="padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3.5pt;">203</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.5pt;">​</td>
<td style="padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3.5pt;">129</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
</tr>
<tr style="text-align: right; text-transform: none; background-color: #cceeff; font: 10pt/10pt 'times new roman', times, serif; white-space: nowrap; color: #000000; vertical-align: bottom;">
<td style="text-align: left; padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.5pt;">
<div style="margin-left: 10pt;">Share based compensation expense</div>
</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.5pt;">​</td>
<td style="padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3.5pt;">3,735</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.5pt;">​</td>
<td style="padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3.5pt;">589</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.5pt;">​</td>
<td style="padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3.5pt;">647</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
</tr>
<tr style="text-align: right; text-transform: none; font: 10pt/10pt 'times new roman', times, serif; white-space: nowrap; color: #000000; vertical-align: bottom;">
<td style="text-align: left; padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.5pt;">
<div style="margin-left: 10pt;">Equity in undistributed earnings of subsidiaries</div>
</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.5pt;">​</td>
<td style="padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3.5pt;">(65,682<font style="position: absolute;">)</font></td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.5pt;">​</td>
<td style="padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3.5pt;">(57,701<font style="position: absolute;">)</font></td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.5pt;">​</td>
<td style="padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3.5pt;">(71,510<font style="position: absolute;">)</font></td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
</tr>
<tr style="text-align: right; text-transform: none; background-color: #cceeff; font: 10pt/10pt 'times new roman', times, serif; white-space: nowrap; color: #000000; vertical-align: bottom;">
<td style="border-bottom: #cceeff 1px solid; text-align: left; padding-bottom: 2.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.5pt;">
<div style="margin-left: 10pt;">Changes in operating assets and liabilities:</div>
</td>
<td style="border-bottom: #cceeff 1px solid; padding: 0pt;">​</td>
<td style="border-bottom: #cceeff 1px solid; padding: 0pt;">​</td>
<td style="border-bottom: #cceeff 1px solid; padding: 0pt;">​</td>
<td style="border-bottom: #000000 1px solid; padding-bottom: 2.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.5pt;">​</td>
<td style="border-bottom: #000000 1px solid; padding-bottom: 2.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3.5pt;">5,952</td>
<td style="border-bottom: #cceeff 1px solid; padding: 0pt;">​</td>
<td style="border-bottom: #cceeff 1px solid; padding: 0pt;">​</td>
<td style="border-bottom: #cceeff 1px solid; padding: 0pt;">​</td>
<td style="border-bottom: #cceeff 1px solid; padding: 0pt;">​</td>
<td style="border-bottom: #000000 1px solid; padding-bottom: 2.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.5pt;">​</td>
<td style="border-bottom: #000000 1px solid; padding-bottom: 2.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3.5pt;">12,443</td>
<td style="border-bottom: #cceeff 1px solid; padding: 0pt;">​</td>
<td style="border-bottom: #cceeff 1px solid; padding: 0pt;">​</td>
<td style="border-bottom: #cceeff 1px solid; padding: 0pt;">​</td>
<td style="border-bottom: #cceeff 1px solid; padding: 0pt;">​</td>
<td style="border-bottom: #000000 1px solid; padding-bottom: 2.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.5pt;">​</td>
<td style="border-bottom: #000000 1px solid; padding-bottom: 2.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3.5pt;">2,213</td>
<td style="border-bottom: #cceeff 1px solid; padding: 0pt;">​</td>
<td style="border-bottom: #cceeff 1px solid; padding: 0pt;">​</td>
</tr>
<tr style="text-align: right; text-transform: none; font: 10pt/10pt 'times new roman', times, serif; white-space: nowrap; color: #000000; vertical-align: bottom;">
<td style="text-align: left; padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.25pt;">
<div style="white-space: nowrap;">Net cash (used in) provided by operating activities</div>
</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.25pt;">​</td>
<td style="padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3.25pt;">(2,341<font style="position: absolute;">)</font></td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.25pt;">​</td>
<td style="padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3.25pt;">219</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.25pt;">​</td>
<td style="padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3.25pt;">(1,184<font style="position: absolute;">)</font></td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
</tr>
<tr style="text-align: right; text-transform: none; background-color: #cceeff; font: bold 10pt/10pt 'times new roman', times, serif; white-space: nowrap; color: #000000; vertical-align: bottom;">
<td style="text-align: left; padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 9.5pt;">Investing activities</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
</tr>
<tr style="text-align: right; text-transform: none; font: 10pt/10pt 'times new roman', times, serif; white-space: nowrap; color: #000000; vertical-align: bottom;">
<td style="text-align: left; padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.5pt;">
<div style="white-space: nowrap;">Dividends from subsidiaries</div>
</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.5pt;">​</td>
<td style="padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3.5pt;">52,250</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.5pt;">​</td>
<td style="padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3.5pt;">50,000</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.5pt;">​</td>
<td style="padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3.5pt;">—</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
</tr>
<tr style="text-align: right; text-transform: none; background-color: #cceeff; font: 10pt/10pt 'times new roman', times, serif; white-space: nowrap; color: #000000; vertical-align: bottom;">
<td style="border-bottom: #cceeff 1px solid; text-align: left; padding-bottom: 2.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.5pt;">
<div style="white-space: nowrap;">Purchases of property and equipment</div>
</td>
<td style="border-bottom: #cceeff 1px solid; padding: 0pt;">​</td>
<td style="border-bottom: #cceeff 1px solid; padding: 0pt;">​</td>
<td style="border-bottom: #cceeff 1px solid; padding: 0pt;">​</td>
<td style="border-bottom: #000000 1px solid; padding-bottom: 2.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.5pt;">​</td>
<td style="border-bottom: #000000 1px solid; padding-bottom: 2.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3.5pt;">—</td>
<td style="border-bottom: #cceeff 1px solid; padding: 0pt;">​</td>
<td style="border-bottom: #cceeff 1px solid; padding: 0pt;">​</td>
<td style="border-bottom: #cceeff 1px solid; padding: 0pt;">​</td>
<td style="border-bottom: #cceeff 1px solid; padding: 0pt;">​</td>
<td style="border-bottom: #000000 1px solid; padding-bottom: 2.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.5pt;">​</td>
<td style="border-bottom: #000000 1px solid; padding-bottom: 2.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3.5pt;">—</td>
<td style="border-bottom: #cceeff 1px solid; padding: 0pt;">​</td>
<td style="border-bottom: #cceeff 1px solid; padding: 0pt;">​</td>
<td style="border-bottom: #cceeff 1px solid; padding: 0pt;">​</td>
<td style="border-bottom: #cceeff 1px solid; padding: 0pt;">​</td>
<td style="border-bottom: #000000 1px solid; padding-bottom: 2.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.5pt;">​</td>
<td style="border-bottom: #000000 1px solid; padding-bottom: 2.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3.5pt;">(3<font style="position: absolute;">)</font></td>
<td style="border-bottom: #cceeff 1px solid; padding: 0pt;">​</td>
<td style="border-bottom: #cceeff 1px solid; padding: 0pt;">​</td>
</tr>
<tr style="text-align: right; text-transform: none; font: 10pt/10pt 'times new roman', times, serif; white-space: nowrap; color: #000000; vertical-align: bottom;">
<td style="text-align: left; padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.25pt;">
<div style="white-space: nowrap;">Net cash provided by (used in) investing activities</div>
</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.25pt;">​</td>
<td style="padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3.25pt;">52,250</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.25pt;">​</td>
<td style="padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3.25pt;">50,000</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.25pt;">​</td>
<td style="padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3.25pt;">(3<font style="position: absolute;">)</font></td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
</tr>
<tr style="text-align: right; text-transform: none; background-color: #cceeff; font: bold 10pt/10pt 'times new roman', times, serif; white-space: nowrap; color: #000000; vertical-align: bottom;">
<td style="text-align: left; padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 9.5pt;">Financing activities</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
</tr>
<tr style="text-align: right; text-transform: none; font: 10pt/10pt 'times new roman', times, serif; white-space: nowrap; color: #000000; vertical-align: bottom;">
<td style="text-align: left; padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.5pt;">
<div style="white-space: nowrap;">Dividends paid</div>
</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.5pt;">​</td>
<td style="padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3.5pt;">(47,405<font style="position: absolute;">)</font></td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.5pt;">​</td>
<td style="padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3.5pt;">(69,998<font style="position: absolute;">)</font></td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.5pt;">​</td>
<td style="padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3.5pt;">—</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
</tr>
<tr style="text-align: right; text-transform: none; background-color: #cceeff; font: 10pt/10pt 'times new roman', times, serif; white-space: nowrap; color: #000000; vertical-align: bottom;">
<td style="text-align: left; padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.5pt;">
<div style="white-space: nowrap;">Merger with subsidiary</div>
</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.5pt;">​</td>
<td style="padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3.5pt;">—</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.5pt;">​</td>
<td style="padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3.5pt;">—</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.5pt;">​</td>
<td style="padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3.5pt;">217</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
</tr>
<tr style="text-align: right; text-transform: none; font: 10pt/10pt 'times new roman', times, serif; white-space: nowrap; color: #000000; vertical-align: bottom;">
<td style="text-align: left; padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.5pt;">
<div style="white-space: nowrap;">Senior debt issuance</div>
</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.5pt;">​</td>
<td style="padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3.5pt;">10,000</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.5pt;">​</td>
<td style="padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3.5pt;">30,300</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.5pt;">​</td>
<td style="padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3.5pt;">43,000</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
</tr>
<tr style="text-align: right; text-transform: none; background-color: #cceeff; font: 10pt/10pt 'times new roman', times, serif; white-space: nowrap; color: #000000; vertical-align: bottom;">
<td style="text-align: left; padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.5pt;">
<div style="white-space: nowrap;">Senior debt repayments</div>
</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.5pt;">​</td>
<td style="padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3.5pt;">(10,000<font style="position: absolute;">)</font></td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.5pt;">​</td>
<td style="padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3.5pt;">—</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.5pt;">​</td>
<td style="padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3.5pt;">—</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
</tr>
<tr style="text-align: right; text-transform: none; font: 10pt/10pt 'times new roman', times, serif; white-space: nowrap; color: #000000; vertical-align: bottom;">
<td style="text-align: left; padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.5pt;">
<div style="white-space: nowrap;">Subsidiary note issuance</div>
</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.5pt;">​</td>
<td style="padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3.5pt;">—</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.5pt;">​</td>
<td style="padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3.5pt;">—</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.5pt;">​</td>
<td style="padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3.5pt;">100,000</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
</tr>
<tr style="text-align: right; text-transform: none; background-color: #cceeff; font: 10pt/10pt 'times new roman', times, serif; white-space: nowrap; color: #000000; vertical-align: bottom;">
<td style="text-align: left; padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.5pt;">
<div style="white-space: nowrap;">Subsidiary note repayment</div>
</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.5pt;">​</td>
<td style="padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3.5pt;">—</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.5pt;">​</td>
<td style="padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3.5pt;">—</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.5pt;">​</td>
<td style="padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3.5pt;">(11,000<font style="position: absolute;">)</font></td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
</tr>
<tr style="text-align: right; text-transform: none; font: 10pt/10pt 'times new roman', times, serif; white-space: nowrap; color: #000000; vertical-align: bottom;">
<td style="text-align: left; padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.5pt;">
<div style="white-space: nowrap;">Contribution to subsidiary</div>
</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.5pt;">​</td>
<td style="padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3.5pt;">—</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.5pt;">​</td>
<td style="padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3.5pt;">(10,000<font style="position: absolute;">)</font></td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.5pt;">​</td>
<td style="padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3.5pt;">(20,000<font style="position: absolute;">)</font></td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
</tr>
<tr style="text-align: right; text-transform: none; background-color: #cceeff; font: 10pt/10pt 'times new roman', times, serif; white-space: nowrap; color: #000000; vertical-align: bottom;">
<td style="text-align: left; padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.5pt;">
<div style="white-space: nowrap;">Debt issue costs paid</div>
</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.5pt;">​</td>
<td style="padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3.5pt;">—</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.5pt;">​</td>
<td style="padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3.5pt;">(412<font style="position: absolute;">)</font></td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.5pt;">​</td>
<td style="padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3.5pt;">(649<font style="position: absolute;">)</font></td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
</tr>
<tr style="text-align: right; text-transform: none; font: 10pt/10pt 'times new roman', times, serif; white-space: nowrap; color: #000000; vertical-align: bottom;">
<td style="text-align: left; padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.5pt;">
<div style="white-space: nowrap;">Issuances of common shares under equity incentive plans</div>
</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.5pt;">​</td>
<td style="padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3.5pt;">1,730</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.5pt;">​</td>
<td style="padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3.5pt;">—</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.5pt;">​</td>
<td style="padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3.5pt;">—</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
</tr>
<tr style="text-align: right; text-transform: none; background-color: #cceeff; font: 10pt/10pt 'times new roman', times, serif; white-space: nowrap; color: #000000; vertical-align: bottom;">
<td style="text-align: left; padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.5pt;">
<div style="white-space: nowrap;">Common share repurchases</div>
</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.5pt;">​</td>
<td style="padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3.5pt;">(6,461<font style="position: absolute;">)</font></td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.5pt;">​</td>
<td style="padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3.5pt;">—</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.5pt;">​</td>
<td style="padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3.5pt;">(110,760<font style="position: absolute;">)</font></td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
</tr>
<tr style="text-align: right; text-transform: none; font: 10pt/10pt 'times new roman', times, serif; white-space: nowrap; color: #000000; vertical-align: bottom;">
<td style="border-bottom: #ffffff 1px solid; text-align: left; padding-bottom: 2.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.5pt;">
<div style="white-space: nowrap;">Excess tax benefits from equity incentive plan transactions</div>
</td>
<td style="border-bottom: #ffffff 1px solid; padding: 0pt;">​</td>
<td style="border-bottom: #ffffff 1px solid; padding: 0pt;">​</td>
<td style="border-bottom: #ffffff 1px solid; padding: 0pt;">​</td>
<td style="border-bottom: #000000 1px solid; padding-bottom: 2.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.5pt;">​</td>
<td style="border-bottom: #000000 1px solid; padding-bottom: 2.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3.5pt;">3,580</td>
<td style="border-bottom: #ffffff 1px solid; padding: 0pt;">​</td>
<td style="border-bottom: #ffffff 1px solid; padding: 0pt;">​</td>
<td style="border-bottom: #ffffff 1px solid; padding: 0pt;">​</td>
<td style="border-bottom: #ffffff 1px solid; padding: 0pt;">​</td>
<td style="border-bottom: #000000 1px solid; padding-bottom: 2.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.5pt;">​</td>
<td style="border-bottom: #000000 1px solid; padding-bottom: 2.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3.5pt;">—</td>
<td style="border-bottom: #ffffff 1px solid; padding: 0pt;">​</td>
<td style="border-bottom: #ffffff 1px solid; padding: 0pt;">​</td>
<td style="border-bottom: #ffffff 1px solid; padding: 0pt;">​</td>
<td style="border-bottom: #ffffff 1px solid; padding: 0pt;">​</td>
<td style="border-bottom: #000000 1px solid; padding-bottom: 2.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.5pt;">​</td>
<td style="border-bottom: #000000 1px solid; padding-bottom: 2.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3.5pt;">—</td>
<td style="border-bottom: #ffffff 1px solid; padding: 0pt;">​</td>
<td style="border-bottom: #ffffff 1px solid; padding: 0pt;">​</td>
</tr>
<tr style="text-align: right; text-transform: none; background-color: #cceeff; font: 10pt/10pt 'times new roman', times, serif; white-space: nowrap; color: #000000; vertical-align: bottom;">
<td style="border-bottom: #cceeff 1px solid; text-align: left; padding-bottom: 2.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.25pt;">
<div style="white-space: nowrap;">Net cash (used in) provided by financing activities</div>
</td>
<td style="border-bottom: #cceeff 1px solid; padding: 0pt;">​</td>
<td style="border-bottom: #cceeff 1px solid; padding: 0pt;">​</td>
<td style="border-bottom: #cceeff 1px solid; padding: 0pt;">​</td>
<td style="border-bottom: #000000 1px solid; padding-bottom: 2.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.25pt;">​</td>
<td style="border-bottom: #000000 1px solid; padding-bottom: 2.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3.25pt;">(48,556<font style="position: absolute;">)</font></td>
<td style="border-bottom: #cceeff 1px solid; padding: 0pt;">​</td>
<td style="border-bottom: #cceeff 1px solid; padding: 0pt;">​</td>
<td style="border-bottom: #cceeff 1px solid; padding: 0pt;">​</td>
<td style="border-bottom: #cceeff 1px solid; padding: 0pt;">​</td>
<td style="border-bottom: #000000 1px solid; padding-bottom: 2.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.25pt;">​</td>
<td style="border-bottom: #000000 1px solid; padding-bottom: 2.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3.25pt;">(50,110<font style="position: absolute;">)</font></td>
<td style="border-bottom: #cceeff 1px solid; padding: 0pt;">​</td>
<td style="border-bottom: #cceeff 1px solid; padding: 0pt;">​</td>
<td style="border-bottom: #cceeff 1px solid; padding: 0pt;">​</td>
<td style="border-bottom: #cceeff 1px solid; padding: 0pt;">​</td>
<td style="border-bottom: #000000 1px solid; padding-bottom: 2.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.25pt;">​</td>
<td style="border-bottom: #000000 1px solid; padding-bottom: 2.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3.25pt;">808</td>
<td style="border-bottom: #cceeff 1px solid; padding: 0pt;">​</td>
<td style="border-bottom: #cceeff 1px solid; padding: 0pt;">​</td>
</tr>
<tr style="text-align: right; text-transform: none; font: 10pt/10pt 'times new roman', times, serif; white-space: nowrap; color: #000000; vertical-align: bottom;">
<td style="text-align: left; padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 9.25pt;">
<div style="white-space: nowrap;">Change in cash and cash equivalents</div>
</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 9.25pt;">​</td>
<td style="padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 9.25pt;">1,353</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 9.25pt;">​</td>
<td style="padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 9.25pt;">109</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 9.25pt;">​</td>
<td style="padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 9.25pt;">(379<font style="position: absolute;">)</font></td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
</tr>
<tr style="text-align: right; text-transform: none; background-color: #cceeff; font: 10pt/10pt 'times new roman', times, serif; white-space: nowrap; color: #000000; vertical-align: bottom;">
<td style="border-bottom: #cceeff 1px solid; text-align: left; padding-bottom: 2.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.5pt;">
<div style="white-space: nowrap;">Cash and cash equivalents at beginning of period</div>
</td>
<td style="border-bottom: #cceeff 1px solid; padding: 0pt;">​</td>
<td style="border-bottom: #cceeff 1px solid; padding: 0pt;">​</td>
<td style="border-bottom: #cceeff 1px solid; padding: 0pt;">​</td>
<td style="border-bottom: #000000 1px solid; padding-bottom: 2.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.5pt;">​</td>
<td style="border-bottom: #000000 1px solid; padding-bottom: 2.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3.5pt;">623</td>
<td style="border-bottom: #cceeff 1px solid; padding: 0pt;">​</td>
<td style="border-bottom: #cceeff 1px solid; padding: 0pt;">​</td>
<td style="border-bottom: #cceeff 1px solid; padding: 0pt;">​</td>
<td style="border-bottom: #cceeff 1px solid; padding: 0pt;">​</td>
<td style="border-bottom: #000000 1px solid; padding-bottom: 2.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.5pt;">​</td>
<td style="border-bottom: #000000 1px solid; padding-bottom: 2.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3.5pt;">514</td>
<td style="border-bottom: #cceeff 1px solid; padding: 0pt;">​</td>
<td style="border-bottom: #cceeff 1px solid; padding: 0pt;">​</td>
<td style="border-bottom: #cceeff 1px solid; padding: 0pt;">​</td>
<td style="border-bottom: #cceeff 1px solid; padding: 0pt;">​</td>
<td style="border-bottom: #000000 1px solid; padding-bottom: 2.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.5pt;">​</td>
<td style="border-bottom: #000000 1px solid; padding-bottom: 2.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3.5pt;">893</td>
<td style="border-bottom: #cceeff 1px solid; padding: 0pt;">​</td>
<td style="border-bottom: #cceeff 1px solid; padding: 0pt;">​</td>
</tr>
<tr style="text-align: right; text-transform: none; font: 10pt/10pt 'times new roman', times, serif; white-space: nowrap; color: #000000; vertical-align: bottom;">
<td style="text-align: left; padding-bottom: 3.25pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.25pt;">
<div style="white-space: nowrap;">Cash and cash equivalents at end of period</div>
</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="border-bottom: #000000 3px double; padding-bottom: 2.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.25pt;">$</td>
<td style="border-bottom: #000000 3px double; padding-bottom: 2.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3.25pt;">1,976</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="border-bottom: #000000 3px double; padding-bottom: 2.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.25pt;">$</td>
<td style="border-bottom: #000000 3px double; padding-bottom: 2.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3.25pt;">623</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="border-bottom: #000000 3px double; padding-bottom: 2.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.25pt;">$</td>
<td style="border-bottom: #000000 3px double; padding-bottom: 2.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3.25pt;">514</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
</tr>
<tr style="text-align: right; text-transform: none; background-color: #cceeff; font: bold 10pt/10pt 'times new roman', times, serif; white-space: nowrap; color: #000000; vertical-align: bottom;">
<td style="text-align: left; padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 8.75pt;">Supplemental information</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
</tr>
<tr style="text-align: right; text-transform: none; font: 10pt/10pt 'times new roman', times, serif; white-space: nowrap; color: #000000; vertical-align: bottom;">
<td style="text-align: left; padding-bottom: 2.75pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.5pt;">
<div style="white-space: nowrap;">Interest paid</div>
</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="border-bottom: #000000 3px double; padding-bottom: 2pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.5pt;">$</td>
<td style="border-bottom: #000000 3px double; padding-bottom: 2pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3.5pt;">4,337</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="border-bottom: #000000 3px double; padding-bottom: 2pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.5pt;">$</td>
<td style="border-bottom: #000000 3px double; padding-bottom: 2pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3.5pt;">3,733</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="border-bottom: #000000 3px double; padding-bottom: 2pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.5pt;">$</td>
<td style="border-bottom: #000000 3px double; padding-bottom: 2pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3.5pt;">1,970</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
</tr>
<tr style="line-height: 4pt; height: 4pt;">
<td style="line-height: 0pt; font-size: 0pt; padding: 0pt;" colspan="23">​</td>
</tr>
</table>
</div>
<div> </div>
<div style="widows: 1; text-transform: none; margin-top: 12pt; text-indent: 0px; font: bold 13px/11pt 'times new roman', times, serif; white-space: normal; letter-spacing: normal; color: #000000; word-spacing: 0px; -webkit-text-stroke-width: 0px;">1.   Accounting Policies</div>
<div style="widows: 1; text-transform: none; margin-top: 12pt; text-indent: 0px; font: bold 13px/11pt 'times new roman', times, serif; white-space: normal; letter-spacing: normal; color: #000000; word-spacing: 0px; -webkit-text-stroke-width: 0px;">Organization</div>
<div style="widows: 1; text-transform: none; margin-top: 6pt; text-indent: 20pt; font: 13px/12pt 'times new roman', times, serif; white-space: normal; letter-spacing: normal; color: #000000; word-spacing: 0px; -webkit-text-stroke-width: 0px;">James River Group Holdings, Ltd. (the “Company”) is an exempted holding company registered in Bermuda, organized for the purpose of acquiring and managing insurance and reinsurance entities.</div>
<div style="widows: 1; text-transform: none; margin-top: 12pt; text-indent: 0px; font: bold 13px/11pt 'times new roman', times, serif; white-space: normal; letter-spacing: normal; color: #000000; word-spacing: 0px; -webkit-text-stroke-width: 0px;">Basis of Presentation and Principles of Consolidation</div>
<div style="widows: 1; text-transform: none; margin-top: 6pt; text-indent: 20pt; font: 13px/12pt 'times new roman', times, serif; white-space: normal; letter-spacing: normal; color: #000000; word-spacing: 0px; -webkit-text-stroke-width: 0px;">The accompanying condensed financial statements have been prepared using the equity method. Under the equity method, the investment in consolidated subsidiaries is stated at cost plus equity in undistributed earnings of consolidated subsidiaries since the date of acquisition. These condensed financial statements should be read in conjunction with the Company’s consolidated financial statements.</div>
<div style="widows: 1; text-transform: none; margin-top: 12pt; text-indent: 0px; font: bold 13px/11pt 'times new roman', times, serif; white-space: normal; letter-spacing: normal; color: #000000; word-spacing: 0px; -webkit-text-stroke-width: 0px;">Estimates and Assumptions</div>
<div style="widows: 1; text-transform: none; margin-top: 6pt; text-indent: 20pt; font: 13px/12pt 'times new roman', times, serif; white-space: normal; letter-spacing: normal; color: #000000; word-spacing: 0px; -webkit-text-stroke-width: 0px;">Preparation of the consolidated financial statements in conformity with GAAP requires management to make estimates and assumptions that affect the amounts reported in the consolidated financial statements and accompanying disclosures. Those estimates are inherently subject to change, and actual results may ultimately differ from those estimates.</div>
<div style="widows: 1; text-transform: none; margin-top: 0pt; text-indent: 0px; font: 12px 'times new roman', times, serif; white-space: normal; margin-bottom: 18pt; letter-spacing: normal; color: #000000; margin-left: 70pt; word-spacing: 0px; -webkit-text-stroke-width: 0px;">
<div style="text-align: center; line-height: 11pt; margin-top: 12pt; font-size: 10pt; font-weight: bold;">Supplementary Insurance Information</div>
<div style="text-align: center; line-height: 12pt; font-style: italic; margin-top: 6pt; font-size: 10pt; font-weight: bold;">(in thousands)</div>
</div>
<div style="widows: 1; text-transform: none; margin-top: 0pt; text-indent: 0px; font: 12px 'times new roman', times, serif; white-space: normal; margin-bottom: 224pt; letter-spacing: normal; color: #000000; margin-left: 46pt; word-spacing: 0px; -webkit-text-stroke-width: 0px;">
<table style="margin-top: 0pt; width: 80%; border-collapse: collapse; height: 314px;" border="0">
<tr style="text-align: center; text-transform: none; font: bold 8pt/9pt 'times new roman', times, serif; white-space: nowrap; color: #000000; vertical-align: bottom;">
<td style="border-bottom: #ffffff 1px solid; text-align: left; padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="border-bottom: #ffffff 1px solid; padding: 0pt;">​</td>
<td style="border-bottom: #ffffff 1px solid; padding: 0pt;">​</td>
<td style="border-bottom: #000000 1px solid; padding-bottom: 2.167pt; padding-left: 0pt; padding-right: 0pt; padding-top: 0pt;" colspan="4">
<div style="text-align: center;">Deferred <br />Policy <br />Acquisition <br />Costs</div>
</td>
<td style="border-bottom: #ffffff 1px solid; padding: 0pt;">​</td>
<td style="border-bottom: #ffffff 1px solid; padding: 0pt;">​</td>
<td style="border-bottom: #000000 1px solid; padding-bottom: 2.167pt; padding-left: 0pt; padding-right: 0pt; padding-top: 0pt;" colspan="4">
<div style="text-align: center;">Reserve <br />for Losses <br />and Loss <br />Adjustment <br />Expenses</div>
</td>
<td style="border-bottom: #ffffff 1px solid; padding: 0pt;">​</td>
<td style="border-bottom: #ffffff 1px solid; padding: 0pt;">​</td>
<td style="border-bottom: #000000 1px solid; padding-bottom: 2.167pt; padding-left: 0pt; padding-right: 0pt; padding-top: 0pt;" colspan="4">
<div style="text-align: center;">Unearned <br />Premiums</div>
</td>
<td style="border-bottom: #ffffff 1px solid; padding: 0pt;">​</td>
<td style="border-bottom: #ffffff 1px solid; padding: 0pt;">​</td>
<td style="border-bottom: #000000 1px solid; padding-bottom: 2.167pt; padding-left: 0pt; padding-right: 0pt; padding-top: 0pt;" colspan="4">
<div style="text-align: center;">Net <br />Earned <br />Premiums</div>
</td>
<td style="border-bottom: #ffffff 1px solid; padding: 0pt;">​</td>
<td style="border-bottom: #ffffff 1px solid; padding: 0pt;">​</td>
<td style="border-bottom: #000000 1px solid; padding-bottom: 2.167pt; padding-left: 0pt; padding-right: 0pt; padding-top: 0pt;" colspan="4">
<div style="text-align: center;">Net <br />Investment <br />Income</div>
</td>
<td style="border-bottom: #ffffff 1px solid; padding: 0pt;">​</td>
<td style="border-bottom: #ffffff 1px solid; padding: 0pt;">​</td>
<td style="border-bottom: #000000 1px solid; padding-bottom: 2.167pt; padding-left: 0pt; padding-right: 0pt; padding-top: 0pt;" colspan="4">
<div style="text-align: center;">Losses <br />and Loss <br />Adjustment <br />Expenses</div>
</td>
<td style="border-bottom: #ffffff 1px solid; padding: 0pt;">​</td>
<td style="border-bottom: #ffffff 1px solid; padding: 0pt;">​</td>
<td style="border-bottom: #000000 1px solid; padding-bottom: 2.167pt; padding-left: 0pt; padding-right: 0pt; padding-top: 0pt;" colspan="4">
<div style="text-align: center;">Amortization <br />of Policy <br />Acquisition <br />Costs</div>
</td>
<td style="border-bottom: #ffffff 1px solid; padding: 0pt;">​</td>
<td style="border-bottom: #ffffff 1px solid; padding: 0pt;">​</td>
<td style="border-bottom: #000000 1px solid; padding-bottom: 2.167pt; padding-left: 0pt; padding-right: 0pt; padding-top: 0pt;" colspan="4">
<div style="text-align: center;">Other <br />Operating <br />Expenses</div>
</td>
<td style="border-bottom: #ffffff 1px solid; padding: 0pt;">​</td>
<td style="border-bottom: #ffffff 1px solid; padding: 0pt;">​</td>
<td style="border-bottom: #000000 1px solid; padding-bottom: 2.167pt; padding-left: 0pt; padding-right: 0pt; padding-top: 0pt;" colspan="4">
<div style="text-align: center;">Net <br />Written <br />Premiums</div>
</td>
<td style="border-bottom: #ffffff 1px solid; padding: 0pt;">​</td>
</tr>
<tr style="text-align: right; text-transform: none; background-color: #cceeff; font: bold 9pt/9pt 'times new roman', times, serif; white-space: nowrap; color: #000000; vertical-align: bottom;">
<td style="text-align: left; padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.25pt;">December 31, 2015</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding-bottom: 0pt; padding-left: 4.03pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 0pt;">​</td>
<td style="padding-bottom: 0pt; padding-left: 4.03pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding-bottom: 0pt; padding-left: 2.025pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 0pt;">​</td>
<td style="padding-bottom: 0pt; padding-left: 2.025pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding-bottom: 0pt; padding-left: 3.19pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 0pt;">​</td>
<td style="padding-bottom: 0pt; padding-left: 3.19pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding-bottom: 0pt; padding-left: 2.025pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 0pt;">​</td>
<td style="padding-bottom: 0pt; padding-left: 2.025pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding-bottom: 0pt; padding-left: 7.36pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 0pt;">​</td>
<td style="padding-bottom: 0pt; padding-left: 7.36pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
</tr>
<tr style="text-align: right; text-transform: none; font: 9pt/9pt 'times new roman', times, serif; white-space: nowrap; color: #000000; vertical-align: bottom;">
<td style="text-align: left; padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.5pt;">
<div style="white-space: nowrap;">Excess and Surplus Lines</div>
</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding-bottom: 0pt; padding-left: 4.03pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.5pt;">$</td>
<td style="padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3.5pt;">15,266</td>
<td style="padding-bottom: 0pt; padding-left: 4.03pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding-bottom: 0pt; padding-left: 2.025pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.5pt;">$</td>
<td style="padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3.5pt;">468,438</td>
<td style="padding-bottom: 0pt; padding-left: 2.025pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.5pt;">$</td>
<td style="padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3.5pt;">114,369</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.5pt;">$</td>
<td style="padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3.5pt;">240,878</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding-bottom: 0pt; padding-left: 3.19pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.5pt;">$</td>
<td style="padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3.5pt;">13,427</td>
<td style="padding-bottom: 0pt; padding-left: 3.19pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding-bottom: 0pt; padding-left: 2.025pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.5pt;">$</td>
<td style="padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3.5pt;">131,221</td>
<td style="padding-bottom: 0pt; padding-left: 2.025pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding-bottom: 0pt; padding-left: 7.36pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.5pt;">$</td>
<td style="padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3.5pt;">42,069</td>
<td style="padding-bottom: 0pt; padding-left: 7.36pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.5pt;">$</td>
<td style="padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3.5pt;">65,233</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.5pt;">$</td>
<td style="padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3.5pt;">253,285</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
</tr>
<tr style="text-align: right; text-transform: none; background-color: #cceeff; font: 9pt/9pt 'times new roman', times, serif; white-space: nowrap; color: #000000; vertical-align: bottom;">
<td style="text-align: left; padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.5pt;">
<div style="white-space: nowrap;">Specialty Admitted</div>
</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding-bottom: 0pt; padding-left: 4.03pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.5pt;">​</td>
<td style="padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3.5pt;">2,184</td>
<td style="padding-bottom: 0pt; padding-left: 4.03pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding-bottom: 0pt; padding-left: 2.025pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.5pt;">​</td>
<td style="padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3.5pt;">76,179</td>
<td style="padding-bottom: 0pt; padding-left: 2.025pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.5pt;">​</td>
<td style="padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3.5pt;">40,622</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.5pt;">​</td>
<td style="padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3.5pt;">42,206</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding-bottom: 0pt; padding-left: 3.19pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.5pt;">​</td>
<td style="padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3.5pt;">2,316</td>
<td style="padding-bottom: 0pt; padding-left: 3.19pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding-bottom: 0pt; padding-left: 2.025pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.5pt;">​</td>
<td style="padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3.5pt;">25,623</td>
<td style="padding-bottom: 0pt; padding-left: 2.025pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding-bottom: 0pt; padding-left: 7.36pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.5pt;">​</td>
<td style="padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3.5pt;">4,455</td>
<td style="padding-bottom: 0pt; padding-left: 7.36pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.5pt;">​</td>
<td style="padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3.5pt;">15,509</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.5pt;">​</td>
<td style="padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3.5pt;">44,917</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
</tr>
<tr style="text-align: right; text-transform: none; font: 9pt/9pt 'times new roman', times, serif; white-space: nowrap; color: #000000; vertical-align: bottom;">
<td style="text-align: left; padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.5pt;">
<div style="white-space: nowrap;">Casualty Reinsurance</div>
</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding-bottom: 0pt; padding-left: 4.03pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.5pt;">​</td>
<td style="padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3.5pt;">43,304</td>
<td style="padding-bottom: 0pt; padding-left: 4.03pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding-bottom: 0pt; padding-left: 2.025pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.5pt;">​</td>
<td style="padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3.5pt;">240,705</td>
<td style="padding-bottom: 0pt; padding-left: 2.025pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.5pt;">​</td>
<td style="padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3.5pt;">146,113</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.5pt;">​</td>
<td style="padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3.5pt;">178,121</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding-bottom: 0pt; padding-left: 3.19pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.5pt;">​</td>
<td style="padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3.5pt;">22,706</td>
<td style="padding-bottom: 0pt; padding-left: 3.19pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding-bottom: 0pt; padding-left: 2.025pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.5pt;">​</td>
<td style="padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3.5pt;">122,172</td>
<td style="padding-bottom: 0pt; padding-left: 2.025pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding-bottom: 0pt; padding-left: 7.36pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.5pt;">​</td>
<td style="padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3.5pt;">51,226</td>
<td style="padding-bottom: 0pt; padding-left: 7.36pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.5pt;">​</td>
<td style="padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3.5pt;">58,507</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.5pt;">​</td>
<td style="padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3.5pt;">172,830</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
</tr>
<tr style="text-align: right; text-transform: none; background-color: #cceeff; font: 9pt/9pt 'times new roman', times, serif; white-space: nowrap; color: #000000; vertical-align: bottom;">
<td style="border-bottom: #cceeff 1px solid; text-align: left; padding-bottom: 2.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.5pt;">
<div style="white-space: nowrap;">Corporate and Other</div>
</td>
<td style="border-bottom: #cceeff 1px solid; padding: 0pt;">​</td>
<td style="border-bottom: #cceeff 1px solid; padding: 0pt;">​</td>
<td style="border-bottom: #cceeff 1px solid; padding-bottom: 0pt; padding-left: 4.03pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="border-bottom: #000000 1px solid; padding-bottom: 2.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.5pt;">​</td>
<td style="border-bottom: #000000 1px solid; padding-bottom: 2.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3.5pt;">—</td>
<td style="border-bottom: #cceeff 1px solid; padding-bottom: 0pt; padding-left: 4.03pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="border-bottom: #cceeff 1px solid; padding: 0pt;">​</td>
<td style="border-bottom: #cceeff 1px solid; padding: 0pt;">​</td>
<td style="border-bottom: #cceeff 1px solid; padding-bottom: 0pt; padding-left: 2.025pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="border-bottom: #000000 1px solid; padding-bottom: 2.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.5pt;">​</td>
<td style="border-bottom: #000000 1px solid; padding-bottom: 2.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3.5pt;">—</td>
<td style="border-bottom: #cceeff 1px solid; padding-bottom: 0pt; padding-left: 2.025pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="border-bottom: #cceeff 1px solid; padding: 0pt;">​</td>
<td style="border-bottom: #cceeff 1px solid; padding: 0pt;">​</td>
<td style="border-bottom: #cceeff 1px solid; padding: 0pt;">​</td>
<td style="border-bottom: #000000 1px solid; padding-bottom: 2.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.5pt;">​</td>
<td style="border-bottom: #000000 1px solid; padding-bottom: 2.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3.5pt;">—</td>
<td style="border-bottom: #cceeff 1px solid; padding: 0pt;">​</td>
<td style="border-bottom: #cceeff 1px solid; padding: 0pt;">​</td>
<td style="border-bottom: #cceeff 1px solid; padding: 0pt;">​</td>
<td style="border-bottom: #cceeff 1px solid; padding: 0pt;">​</td>
<td style="border-bottom: #000000 1px solid; padding-bottom: 2.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.5pt;">​</td>
<td style="border-bottom: #000000 1px solid; padding-bottom: 2.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3.5pt;">—</td>
<td style="border-bottom: #cceeff 1px solid; padding: 0pt;">​</td>
<td style="border-bottom: #cceeff 1px solid; padding: 0pt;">​</td>
<td style="border-bottom: #cceeff 1px solid; padding: 0pt;">​</td>
<td style="border-bottom: #cceeff 1px solid; padding-bottom: 0pt; padding-left: 3.19pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="border-bottom: #000000 1px solid; padding-bottom: 2.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.5pt;">​</td>
<td style="border-bottom: #000000 1px solid; padding-bottom: 2.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3.5pt;">6,386</td>
<td style="border-bottom: #cceeff 1px solid; padding-bottom: 0pt; padding-left: 3.19pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="border-bottom: #cceeff 1px solid; padding: 0pt;">​</td>
<td style="border-bottom: #cceeff 1px solid; padding: 0pt;">​</td>
<td style="border-bottom: #cceeff 1px solid; padding-bottom: 0pt; padding-left: 2.025pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="border-bottom: #000000 1px solid; padding-bottom: 2.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.5pt;">​</td>
<td style="border-bottom: #000000 1px solid; padding-bottom: 2.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3.5pt;">—</td>
<td style="border-bottom: #cceeff 1px solid; padding-bottom: 0pt; padding-left: 2.025pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="border-bottom: #cceeff 1px solid; padding: 0pt;">​</td>
<td style="border-bottom: #cceeff 1px solid; padding: 0pt;">​</td>
<td style="border-bottom: #cceeff 1px solid; padding-bottom: 0pt; padding-left: 7.36pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="border-bottom: #000000 1px solid; padding-bottom: 2.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.5pt;">​</td>
<td style="border-bottom: #000000 1px solid; padding-bottom: 2.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3.5pt;">—</td>
<td style="border-bottom: #cceeff 1px solid; padding-bottom: 0pt; padding-left: 7.36pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="border-bottom: #cceeff 1px solid; padding: 0pt;">​</td>
<td style="border-bottom: #cceeff 1px solid; padding: 0pt;">​</td>
<td style="border-bottom: #cceeff 1px solid; padding: 0pt;">​</td>
<td style="border-bottom: #000000 1px solid; padding-bottom: 2.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.5pt;">​</td>
<td style="border-bottom: #000000 1px solid; padding-bottom: 2.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3.5pt;">18,554</td>
<td style="border-bottom: #cceeff 1px solid; padding: 0pt;">​</td>
<td style="border-bottom: #cceeff 1px solid; padding: 0pt;">​</td>
<td style="border-bottom: #cceeff 1px solid; padding: 0pt;">​</td>
<td style="border-bottom: #cceeff 1px solid; padding: 0pt;">​</td>
<td style="border-bottom: #000000 1px solid; padding-bottom: 2.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.5pt;">​</td>
<td style="border-bottom: #000000 1px solid; padding-bottom: 2.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3.5pt;">—</td>
<td style="border-bottom: #cceeff 1px solid; padding: 0pt;">​</td>
<td style="border-bottom: #cceeff 1px solid; padding: 0pt;">​</td>
</tr>
<tr style="text-align: right; text-transform: none; font: 9pt/9pt 'times new roman', times, serif; white-space: nowrap; color: #000000; vertical-align: bottom;">
<td style="text-align: left; padding-bottom: 3.25pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.25pt;">
<div style="white-space: nowrap;">Total</div>
</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding-bottom: 0pt; padding-left: 4.03pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="border-bottom: #000000 3px double; padding-bottom: 2.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.25pt;">$</td>
<td style="border-bottom: #000000 3px double; padding-bottom: 2.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3.25pt;">60,754</td>
<td style="padding-bottom: 0pt; padding-left: 4.03pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding-bottom: 0pt; padding-left: 2.025pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="border-bottom: #000000 3px double; padding-bottom: 2.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.25pt;">$</td>
<td style="border-bottom: #000000 3px double; padding-bottom: 2.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3.25pt;">785,322</td>
<td style="padding-bottom: 0pt; padding-left: 2.025pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="border-bottom: #000000 3px double; padding-bottom: 2.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.25pt;">$</td>
<td style="border-bottom: #000000 3px double; padding-bottom: 2.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3.25pt;">301,104</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="border-bottom: #000000 3px double; padding-bottom: 2.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.25pt;">$</td>
<td style="border-bottom: #000000 3px double; padding-bottom: 2.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3.25pt;">461,205</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding-bottom: 0pt; padding-left: 3.19pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="border-bottom: #000000 3px double; padding-bottom: 2.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.25pt;">$</td>
<td style="border-bottom: #000000 3px double; padding-bottom: 2.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3.25pt;">44,835</td>
<td style="padding-bottom: 0pt; padding-left: 3.19pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding-bottom: 0pt; padding-left: 2.025pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="border-bottom: #000000 3px double; padding-bottom: 2.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.25pt;">$</td>
<td style="border-bottom: #000000 3px double; padding-bottom: 2.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3.25pt;">279,016</td>
<td style="padding-bottom: 0pt; padding-left: 2.025pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding-bottom: 0pt; padding-left: 7.36pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="border-bottom: #000000 3px double; padding-bottom: 2.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.25pt;">$</td>
<td style="border-bottom: #000000 3px double; padding-bottom: 2.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3.25pt;">97,750</td>
<td style="padding-bottom: 0pt; padding-left: 7.36pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="border-bottom: #000000 3px double; padding-bottom: 2.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.25pt;">$</td>
<td style="border-bottom: #000000 3px double; padding-bottom: 2.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3.25pt;">157,803</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="border-bottom: #000000 3px double; padding-bottom: 2.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.25pt;">$</td>
<td style="border-bottom: #000000 3px double; padding-bottom: 2.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3.25pt;">471,032</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
</tr>
<tr style="text-align: right; text-transform: none; background-color: #cceeff; font: bold 9pt/9pt 'times new roman', times, serif; white-space: nowrap; color: #000000; vertical-align: bottom;">
<td style="text-align: left; padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 8.75pt;">December 31, 2014</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding-bottom: 0pt; padding-left: 4.03pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 0pt;">​</td>
<td style="padding-bottom: 0pt; padding-left: 4.03pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding-bottom: 0pt; padding-left: 2.025pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 0pt;">​</td>
<td style="padding-bottom: 0pt; padding-left: 2.025pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding-bottom: 0pt; padding-left: 3.19pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 0pt;">​</td>
<td style="padding-bottom: 0pt; padding-left: 3.19pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding-bottom: 0pt; padding-left: 2.025pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 0pt;">​</td>
<td style="padding-bottom: 0pt; padding-left: 2.025pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding-bottom: 0pt; padding-left: 7.36pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 0pt;">​</td>
<td style="padding-bottom: 0pt; padding-left: 7.36pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
</tr>
<tr style="text-align: right; text-transform: none; font: 9pt/9pt 'times new roman', times, serif; white-space: nowrap; color: #000000; vertical-align: bottom;">
<td style="text-align: left; padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.5pt;">
<div style="white-space: nowrap;">Excess and Surplus Lines</div>
</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding-bottom: 0pt; padding-left: 4.03pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.5pt;">$</td>
<td style="padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3.5pt;">14,146</td>
<td style="padding-bottom: 0pt; padding-left: 4.03pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding-bottom: 0pt; padding-left: 2.025pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.5pt;">$</td>
<td style="padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3.5pt;">432,220</td>
<td style="padding-bottom: 0pt; padding-left: 2.025pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.5pt;">$</td>
<td style="padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3.5pt;">100,554</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.5pt;">$</td>
<td style="padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3.5pt;">195,786</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding-bottom: 0pt; padding-left: 3.19pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.5pt;">$</td>
<td style="padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3.5pt;">14,083</td>
<td style="padding-bottom: 0pt; padding-left: 3.19pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding-bottom: 0pt; padding-left: 2.025pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.5pt;">$</td>
<td style="padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3.5pt;">108,146</td>
<td style="padding-bottom: 0pt; padding-left: 2.025pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding-bottom: 0pt; padding-left: 7.36pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.5pt;">$</td>
<td style="padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3.5pt;">33,464</td>
<td style="padding-bottom: 0pt; padding-left: 7.36pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.5pt;">$</td>
<td style="padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3.5pt;">53,427</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.5pt;">$</td>
<td style="padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3.5pt;">208,124</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
</tr>
<tr style="text-align: right; text-transform: none; background-color: #cceeff; font: 9pt/9pt 'times new roman', times, serif; white-space: nowrap; color: #000000; vertical-align: bottom;">
<td style="text-align: left; padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.5pt;">
<div style="white-space: nowrap;">Specialty Admitted</div>
</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding-bottom: 0pt; padding-left: 4.03pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.5pt;">​</td>
<td style="padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3.5pt;">1,838</td>
<td style="padding-bottom: 0pt; padding-left: 4.03pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding-bottom: 0pt; padding-left: 2.025pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.5pt;">​</td>
<td style="padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3.5pt;">54,544</td>
<td style="padding-bottom: 0pt; padding-left: 2.025pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.5pt;">​</td>
<td style="padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3.5pt;">25,295</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.5pt;">​</td>
<td style="padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3.5pt;">28,449</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding-bottom: 0pt; padding-left: 3.19pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.5pt;">​</td>
<td style="padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3.5pt;">2,320</td>
<td style="padding-bottom: 0pt; padding-left: 3.19pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding-bottom: 0pt; padding-left: 2.025pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.5pt;">​</td>
<td style="padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3.5pt;">15,179</td>
<td style="padding-bottom: 0pt; padding-left: 2.025pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding-bottom: 0pt; padding-left: 7.36pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.5pt;">​</td>
<td style="padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3.5pt;">3,306</td>
<td style="padding-bottom: 0pt; padding-left: 7.36pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.5pt;">​</td>
<td style="padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3.5pt;">13,237</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.5pt;">​</td>
<td style="padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3.5pt;">36,228</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
</tr>
<tr style="text-align: right; text-transform: none; font: 9pt/9pt 'times new roman', times, serif; white-space: nowrap; color: #000000; vertical-align: bottom;">
<td style="text-align: left; padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.5pt;">
<div style="white-space: nowrap;">Casualty Reinsurance</div>
</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding-bottom: 0pt; padding-left: 4.03pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.5pt;">​</td>
<td style="padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3.5pt;">44,218</td>
<td style="padding-bottom: 0pt; padding-left: 4.03pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding-bottom: 0pt; padding-left: 2.025pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.5pt;">​</td>
<td style="padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3.5pt;">229,532</td>
<td style="padding-bottom: 0pt; padding-left: 2.025pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.5pt;">​</td>
<td style="padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3.5pt;">151,730</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.5pt;">​</td>
<td style="padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3.5pt;">171,977</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding-bottom: 0pt; padding-left: 3.19pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.5pt;">​</td>
<td style="padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3.5pt;">20,745</td>
<td style="padding-bottom: 0pt; padding-left: 3.19pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding-bottom: 0pt; padding-left: 2.025pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.5pt;">​</td>
<td style="padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3.5pt;">114,043</td>
<td style="padding-bottom: 0pt; padding-left: 2.025pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding-bottom: 0pt; padding-left: 7.36pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.5pt;">​</td>
<td style="padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3.5pt;">48,413</td>
<td style="padding-bottom: 0pt; padding-left: 7.36pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.5pt;">​</td>
<td style="padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3.5pt;">57,267</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.5pt;">​</td>
<td style="padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3.5pt;">205,731</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
</tr>
<tr style="text-align: right; text-transform: none; background-color: #cceeff; font: 9pt/9pt 'times new roman', times, serif; white-space: nowrap; color: #000000; vertical-align: bottom;">
<td style="border-bottom: #cceeff 1px solid; text-align: left; padding-bottom: 2.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.5pt;">
<div style="white-space: nowrap;">Corporate and Other</div>
</td>
<td style="border-bottom: #cceeff 1px solid; padding: 0pt;">​</td>
<td style="border-bottom: #cceeff 1px solid; padding: 0pt;">​</td>
<td style="border-bottom: #cceeff 1px solid; padding-bottom: 0pt; padding-left: 4.03pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="border-bottom: #000000 1px solid; padding-bottom: 2.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.5pt;">​</td>
<td style="border-bottom: #000000 1px solid; padding-bottom: 2.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3.5pt;">—</td>
<td style="border-bottom: #cceeff 1px solid; padding-bottom: 0pt; padding-left: 4.03pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="border-bottom: #cceeff 1px solid; padding: 0pt;">​</td>
<td style="border-bottom: #cceeff 1px solid; padding: 0pt;">​</td>
<td style="border-bottom: #cceeff 1px solid; padding-bottom: 0pt; padding-left: 2.025pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="border-bottom: #000000 1px solid; padding-bottom: 2.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.5pt;">​</td>
<td style="border-bottom: #000000 1px solid; padding-bottom: 2.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3.5pt;">—</td>
<td style="border-bottom: #cceeff 1px solid; padding-bottom: 0pt; padding-left: 2.025pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="border-bottom: #cceeff 1px solid; padding: 0pt;">​</td>
<td style="border-bottom: #cceeff 1px solid; padding: 0pt;">​</td>
<td style="border-bottom: #cceeff 1px solid; padding: 0pt;">​</td>
<td style="border-bottom: #000000 1px solid; padding-bottom: 2.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.5pt;">​</td>
<td style="border-bottom: #000000 1px solid; padding-bottom: 2.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3.5pt;">—</td>
<td style="border-bottom: #cceeff 1px solid; padding: 0pt;">​</td>
<td style="border-bottom: #cceeff 1px solid; padding: 0pt;">​</td>
<td style="border-bottom: #cceeff 1px solid; padding: 0pt;">​</td>
<td style="border-bottom: #cceeff 1px solid; padding: 0pt;">​</td>
<td style="border-bottom: #000000 1px solid; padding-bottom: 2.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.5pt;">​</td>
<td style="border-bottom: #000000 1px solid; padding-bottom: 2.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3.5pt;">—</td>
<td style="border-bottom: #cceeff 1px solid; padding: 0pt;">​</td>
<td style="border-bottom: #cceeff 1px solid; padding: 0pt;">​</td>
<td style="border-bottom: #cceeff 1px solid; padding: 0pt;">​</td>
<td style="border-bottom: #cceeff 1px solid; padding-bottom: 0pt; padding-left: 3.19pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="border-bottom: #000000 1px solid; padding-bottom: 2.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.5pt;">​</td>
<td style="border-bottom: #000000 1px solid; padding-bottom: 2.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3.5pt;">5,857</td>
<td style="border-bottom: #cceeff 1px solid; padding-bottom: 0pt; padding-left: 3.19pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="border-bottom: #cceeff 1px solid; padding: 0pt;">​</td>
<td style="border-bottom: #cceeff 1px solid; padding: 0pt;">​</td>
<td style="border-bottom: #cceeff 1px solid; padding-bottom: 0pt; padding-left: 2.025pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="border-bottom: #000000 1px solid; padding-bottom: 2.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.5pt;">​</td>
<td style="border-bottom: #000000 1px solid; padding-bottom: 2.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3.5pt;">—</td>
<td style="border-bottom: #cceeff 1px solid; padding-bottom: 0pt; padding-left: 2.025pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="border-bottom: #cceeff 1px solid; padding: 0pt;">​</td>
<td style="border-bottom: #cceeff 1px solid; padding: 0pt;">​</td>
<td style="border-bottom: #cceeff 1px solid; padding-bottom: 0pt; padding-left: 7.36pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="border-bottom: #000000 1px solid; padding-bottom: 2.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.5pt;">​</td>
<td style="border-bottom: #000000 1px solid; padding-bottom: 2.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3.5pt;">–</td>
<td style="border-bottom: #cceeff 1px solid; padding-bottom: 0pt; padding-left: 7.36pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="border-bottom: #cceeff 1px solid; padding: 0pt;">​</td>
<td style="border-bottom: #cceeff 1px solid; padding: 0pt;">​</td>
<td style="border-bottom: #cceeff 1px solid; padding: 0pt;">​</td>
<td style="border-bottom: #000000 1px solid; padding-bottom: 2.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.5pt;">​</td>
<td style="border-bottom: #000000 1px solid; padding-bottom: 2.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3.5pt;">9,124</td>
<td style="border-bottom: #cceeff 1px solid; padding: 0pt;">​</td>
<td style="border-bottom: #cceeff 1px solid; padding: 0pt;">​</td>
<td style="border-bottom: #cceeff 1px solid; padding: 0pt;">​</td>
<td style="border-bottom: #cceeff 1px solid; padding: 0pt;">​</td>
<td style="border-bottom: #000000 1px solid; padding-bottom: 2.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.5pt;">​</td>
<td style="border-bottom: #000000 1px solid; padding-bottom: 2.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3.5pt;">—</td>
<td style="border-bottom: #cceeff 1px solid; padding: 0pt;">​</td>
<td style="border-bottom: #cceeff 1px solid; padding: 0pt;">​</td>
</tr>
<tr style="text-align: right; text-transform: none; font: 9pt/9pt 'times new roman', times, serif; white-space: nowrap; color: #000000; vertical-align: bottom;">
<td style="text-align: left; padding-bottom: 3.25pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.25pt;">
<div style="white-space: nowrap;">Total</div>
</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding-bottom: 0pt; padding-left: 4.03pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="border-bottom: #000000 3px double; padding-bottom: 2.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.25pt;">$</td>
<td style="border-bottom: #000000 3px double; padding-bottom: 2.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3.25pt;">60,202</td>
<td style="padding-bottom: 0pt; padding-left: 4.03pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding-bottom: 0pt; padding-left: 2.025pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="border-bottom: #000000 3px double; padding-bottom: 2.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.25pt;">$</td>
<td style="border-bottom: #000000 3px double; padding-bottom: 2.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3.25pt;">716,296</td>
<td style="padding-bottom: 0pt; padding-left: 2.025pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="border-bottom: #000000 3px double; padding-bottom: 2.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.25pt;">$</td>
<td style="border-bottom: #000000 3px double; padding-bottom: 2.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3.25pt;">277,579</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="border-bottom: #000000 3px double; padding-bottom: 2.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.25pt;">$</td>
<td style="border-bottom: #000000 3px double; padding-bottom: 2.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3.25pt;">396,212</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding-bottom: 0pt; padding-left: 3.19pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="border-bottom: #000000 3px double; padding-bottom: 2.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.25pt;">$</td>
<td style="border-bottom: #000000 3px double; padding-bottom: 2.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3.25pt;">43,005</td>
<td style="padding-bottom: 0pt; padding-left: 3.19pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding-bottom: 0pt; padding-left: 2.025pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="border-bottom: #000000 3px double; padding-bottom: 2.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.25pt;">$</td>
<td style="border-bottom: #000000 3px double; padding-bottom: 2.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3.25pt;">237,368</td>
<td style="padding-bottom: 0pt; padding-left: 2.025pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding-bottom: 0pt; padding-left: 7.36pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="border-bottom: #000000 3px double; padding-bottom: 2.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.25pt;">$</td>
<td style="border-bottom: #000000 3px double; padding-bottom: 2.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3.25pt;">85,183</td>
<td style="padding-bottom: 0pt; padding-left: 7.36pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="border-bottom: #000000 3px double; padding-bottom: 2.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.25pt;">$</td>
<td style="border-bottom: #000000 3px double; padding-bottom: 2.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3.25pt;">133,055</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="border-bottom: #000000 3px double; padding-bottom: 2.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.25pt;">$</td>
<td style="border-bottom: #000000 3px double; padding-bottom: 2.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3.25pt;">450,083</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
</tr>
<tr style="text-align: right; text-transform: none; background-color: #cceeff; font: bold 9pt/9pt 'times new roman', times, serif; white-space: nowrap; color: #000000; vertical-align: bottom;">
<td style="text-align: left; padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 8.75pt;">December 31, 2013</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding-bottom: 0pt; padding-left: 4.03pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 0pt;">​</td>
<td style="padding-bottom: 0pt; padding-left: 4.03pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding-bottom: 0pt; padding-left: 2.025pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 0pt;">​</td>
<td style="padding-bottom: 0pt; padding-left: 2.025pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding-bottom: 0pt; padding-left: 3.19pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 0pt;">​</td>
<td style="padding-bottom: 0pt; padding-left: 3.19pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding-bottom: 0pt; padding-left: 2.025pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 0pt;">​</td>
<td style="padding-bottom: 0pt; padding-left: 2.025pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding-bottom: 0pt; padding-left: 7.36pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 0pt;">​</td>
<td style="padding-bottom: 0pt; padding-left: 7.36pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
</tr>
<tr style="text-align: right; text-transform: none; font: 9pt/9pt 'times new roman', times, serif; white-space: nowrap; color: #000000; vertical-align: bottom;">
<td style="text-align: left; padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.5pt;">
<div style="white-space: nowrap;">Excess and Surplus Lines</div>
</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding-bottom: 0pt; padding-left: 4.03pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.5pt;">$</td>
<td style="padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3.5pt;">11,435</td>
<td style="padding-bottom: 0pt; padding-left: 4.03pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding-bottom: 0pt; padding-left: 2.025pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.5pt;">$</td>
<td style="padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3.5pt;">378,967</td>
<td style="padding-bottom: 0pt; padding-left: 2.025pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.5pt;">$</td>
<td style="padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3.5pt;">89,630</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.5pt;">$</td>
<td style="padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3.5pt;">141,826</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding-bottom: 0pt; padding-left: 3.19pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.5pt;">$</td>
<td style="padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3.5pt;">15,489</td>
<td style="padding-bottom: 0pt; padding-left: 3.19pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding-bottom: 0pt; padding-left: 2.025pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.5pt;">$</td>
<td style="padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3.5pt;">57,250</td>
<td style="padding-bottom: 0pt; padding-left: 2.025pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding-bottom: 0pt; padding-left: 7.36pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.5pt;">$</td>
<td style="padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3.5pt;">23,518</td>
<td style="padding-bottom: 0pt; padding-left: 7.36pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.5pt;">$</td>
<td style="padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3.5pt;">41,053</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.5pt;">$</td>
<td style="padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3.5pt;">155,064</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
</tr>
<tr style="text-align: right; text-transform: none; background-color: #cceeff; font: 9pt/9pt 'times new roman', times, serif; white-space: nowrap; color: #000000; vertical-align: bottom;">
<td style="text-align: left; padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.5pt;">
<div style="white-space: nowrap;">Specialty Admitted</div>
</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding-bottom: 0pt; padding-left: 4.03pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.5pt;">​</td>
<td style="padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3.5pt;">949</td>
<td style="padding-bottom: 0pt; padding-left: 4.03pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding-bottom: 0pt; padding-left: 2.025pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.5pt;">​</td>
<td style="padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3.5pt;">58,906</td>
<td style="padding-bottom: 0pt; padding-left: 2.025pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.5pt;">​</td>
<td style="padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3.5pt;">7,500</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.5pt;">​</td>
<td style="padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3.5pt;">17,908</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding-bottom: 0pt; padding-left: 3.19pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.5pt;">​</td>
<td style="padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3.5pt;">2,601</td>
<td style="padding-bottom: 0pt; padding-left: 3.19pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding-bottom: 0pt; padding-left: 2.025pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.5pt;">​</td>
<td style="padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3.5pt;">12,066</td>
<td style="padding-bottom: 0pt; padding-left: 2.025pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding-bottom: 0pt; padding-left: 7.36pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.5pt;">​</td>
<td style="padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3.5pt;">2,212</td>
<td style="padding-bottom: 0pt; padding-left: 7.36pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.5pt;">​</td>
<td style="padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3.5pt;">9,710</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.5pt;">​</td>
<td style="padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3.5pt;">18,169</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
</tr>
<tr style="text-align: right; text-transform: none; font: 9pt/9pt 'times new roman', times, serif; white-space: nowrap; color: #000000; vertical-align: bottom;">
<td style="text-align: left; padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.5pt;">
<div style="white-space: nowrap;">Casualty Reinsurance</div>
</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding-bottom: 0pt; padding-left: 4.03pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.5pt;">​</td>
<td style="padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3.5pt;">33,820</td>
<td style="padding-bottom: 0pt; padding-left: 4.03pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding-bottom: 0pt; padding-left: 2.025pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.5pt;">​</td>
<td style="padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3.5pt;">208,579</td>
<td style="padding-bottom: 0pt; padding-left: 2.025pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.5pt;">​</td>
<td style="padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3.5pt;">121,402</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.5pt;">​</td>
<td style="padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3.5pt;">168,344</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding-bottom: 0pt; padding-left: 3.19pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.5pt;">​</td>
<td style="padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3.5pt;">21,907</td>
<td style="padding-bottom: 0pt; padding-left: 3.19pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding-bottom: 0pt; padding-left: 2.025pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.5pt;">​</td>
<td style="padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3.5pt;">115,170</td>
<td style="padding-bottom: 0pt; padding-left: 2.025pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding-bottom: 0pt; padding-left: 7.36pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.5pt;">​</td>
<td style="padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3.5pt;">45,918</td>
<td style="padding-bottom: 0pt; padding-left: 7.36pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.5pt;">​</td>
<td style="padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3.5pt;">55,734</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.5pt;">​</td>
<td style="padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3.5pt;">151,933</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
</tr>
<tr style="text-align: right; text-transform: none; background-color: #cceeff; font: 9pt/9pt 'times new roman', times, serif; white-space: nowrap; color: #000000; vertical-align: bottom;">
<td style="border-bottom: #cceeff 1px solid; text-align: left; padding-bottom: 2.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.5pt;">
<div style="white-space: nowrap;">Corporate and Other</div>
</td>
<td style="border-bottom: #cceeff 1px solid; padding: 0pt;">​</td>
<td style="border-bottom: #cceeff 1px solid; padding: 0pt;">​</td>
<td style="border-bottom: #cceeff 1px solid; padding-bottom: 0pt; padding-left: 4.03pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="border-bottom: #000000 1px solid; padding-bottom: 2.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.5pt;">​</td>
<td style="border-bottom: #000000 1px solid; padding-bottom: 2.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3.5pt;">—</td>
<td style="border-bottom: #cceeff 1px solid; padding-bottom: 0pt; padding-left: 4.03pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="border-bottom: #cceeff 1px solid; padding: 0pt;">​</td>
<td style="border-bottom: #cceeff 1px solid; padding: 0pt;">​</td>
<td style="border-bottom: #cceeff 1px solid; padding-bottom: 0pt; padding-left: 2.025pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="border-bottom: #000000 1px solid; padding-bottom: 2.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.5pt;">​</td>
<td style="border-bottom: #000000 1px solid; padding-bottom: 2.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3.5pt;">—</td>
<td style="border-bottom: #cceeff 1px solid; padding-bottom: 0pt; padding-left: 2.025pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="border-bottom: #cceeff 1px solid; padding: 0pt;">​</td>
<td style="border-bottom: #cceeff 1px solid; padding: 0pt;">​</td>
<td style="border-bottom: #cceeff 1px solid; padding: 0pt;">​</td>
<td style="border-bottom: #000000 1px solid; padding-bottom: 2.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.5pt;">​</td>
<td style="border-bottom: #000000 1px solid; padding-bottom: 2.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3.5pt;">—</td>
<td style="border-bottom: #cceeff 1px solid; padding: 0pt;">​</td>
<td style="border-bottom: #cceeff 1px solid; padding: 0pt;">​</td>
<td style="border-bottom: #cceeff 1px solid; padding: 0pt;">​</td>
<td style="border-bottom: #cceeff 1px solid; padding: 0pt;">​</td>
<td style="border-bottom: #000000 1px solid; padding-bottom: 2.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.5pt;">​</td>
<td style="border-bottom: #000000 1px solid; padding-bottom: 2.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3.5pt;">—</td>
<td style="border-bottom: #cceeff 1px solid; padding: 0pt;">​</td>
<td style="border-bottom: #cceeff 1px solid; padding: 0pt;">​</td>
<td style="border-bottom: #cceeff 1px solid; padding: 0pt;">​</td>
<td style="border-bottom: #cceeff 1px solid; padding-bottom: 0pt; padding-left: 3.19pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="border-bottom: #000000 1px solid; padding-bottom: 2.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.5pt;">​</td>
<td style="border-bottom: #000000 1px solid; padding-bottom: 2.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3.5pt;">5,376</td>
<td style="border-bottom: #cceeff 1px solid; padding-bottom: 0pt; padding-left: 3.19pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="border-bottom: #cceeff 1px solid; padding: 0pt;">​</td>
<td style="border-bottom: #cceeff 1px solid; padding: 0pt;">​</td>
<td style="border-bottom: #cceeff 1px solid; padding-bottom: 0pt; padding-left: 2.025pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="border-bottom: #000000 1px solid; padding-bottom: 2.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.5pt;">​</td>
<td style="border-bottom: #000000 1px solid; padding-bottom: 2.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3.5pt;">—</td>
<td style="border-bottom: #cceeff 1px solid; padding-bottom: 0pt; padding-left: 2.025pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="border-bottom: #cceeff 1px solid; padding: 0pt;">​</td>
<td style="border-bottom: #cceeff 1px solid; padding: 0pt;">​</td>
<td style="border-bottom: #cceeff 1px solid; padding-bottom: 0pt; padding-left: 7.36pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="border-bottom: #000000 1px solid; padding-bottom: 2.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.5pt;">​</td>
<td style="border-bottom: #000000 1px solid; padding-bottom: 2.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3.5pt;">—</td>
<td style="border-bottom: #cceeff 1px solid; padding-bottom: 0pt; padding-left: 7.36pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="border-bottom: #cceeff 1px solid; padding: 0pt;">​</td>
<td style="border-bottom: #cceeff 1px solid; padding: 0pt;">​</td>
<td style="border-bottom: #cceeff 1px solid; padding: 0pt;">​</td>
<td style="border-bottom: #000000 1px solid; padding-bottom: 2.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.5pt;">​</td>
<td style="border-bottom: #000000 1px solid; padding-bottom: 2.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3.5pt;">8,307</td>
<td style="border-bottom: #cceeff 1px solid; padding: 0pt;">​</td>
<td style="border-bottom: #cceeff 1px solid; padding: 0pt;">​</td>
<td style="border-bottom: #cceeff 1px solid; padding: 0pt;">​</td>
<td style="border-bottom: #cceeff 1px solid; padding: 0pt;">​</td>
<td style="border-bottom: #000000 1px solid; padding-bottom: 2.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.5pt;">​</td>
<td style="border-bottom: #000000 1px solid; padding-bottom: 2.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3.5pt;">—</td>
<td style="border-bottom: #cceeff 1px solid; padding: 0pt;">​</td>
<td style="border-bottom: #cceeff 1px solid; padding: 0pt;">​</td>
</tr>
<tr style="text-align: right; text-transform: none; font: 9pt/9pt 'times new roman', times, serif; white-space: nowrap; color: #000000; vertical-align: bottom;">
<td style="text-align: left; padding-bottom: 2.75pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.25pt;">
<div style="white-space: nowrap;">Total</div>
</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding-bottom: 0pt; padding-left: 4.03pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="border-bottom: #000000 3px double; padding-bottom: 2pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.25pt;">$</td>
<td style="border-bottom: #000000 3px double; padding-bottom: 2pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3.25pt;">46,204</td>
<td style="padding-bottom: 0pt; padding-left: 4.03pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding-bottom: 0pt; padding-left: 2.025pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="border-bottom: #000000 3px double; padding-bottom: 2pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.25pt;">$</td>
<td style="border-bottom: #000000 3px double; padding-bottom: 2pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3.25pt;">646,452</td>
<td style="padding-bottom: 0pt; padding-left: 2.025pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="border-bottom: #000000 3px double; padding-bottom: 2pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.25pt;">$</td>
<td style="border-bottom: #000000 3px double; padding-bottom: 2pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3.25pt;">218,532</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="border-bottom: #000000 3px double; padding-bottom: 2pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.25pt;">$</td>
<td style="border-bottom: #000000 3px double; padding-bottom: 2pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3.25pt;">328,078</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding-bottom: 0pt; padding-left: 3.19pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="border-bottom: #000000 3px double; padding-bottom: 2pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.25pt;">$</td>
<td style="border-bottom: #000000 3px double; padding-bottom: 2pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3.25pt;">45,373</td>
<td style="padding-bottom: 0pt; padding-left: 3.19pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding-bottom: 0pt; padding-left: 2.025pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="border-bottom: #000000 3px double; padding-bottom: 2pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.25pt;">$</td>
<td style="border-bottom: #000000 3px double; padding-bottom: 2pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3.25pt;">184,486</td>
<td style="padding-bottom: 0pt; padding-left: 2.025pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding-bottom: 0pt; padding-left: 7.36pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="border-bottom: #000000 3px double; padding-bottom: 2pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.25pt;">$</td>
<td style="border-bottom: #000000 3px double; padding-bottom: 2pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3.25pt;">71,648</td>
<td style="padding-bottom: 0pt; padding-left: 7.36pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="border-bottom: #000000 3px double; padding-bottom: 2pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.25pt;">$</td>
<td style="border-bottom: #000000 3px double; padding-bottom: 2pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3.25pt;">114,804</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
<td style="border-bottom: #000000 3px double; padding-bottom: 2pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.25pt;">$</td>
<td style="border-bottom: #000000 3px double; padding-bottom: 2pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3.25pt;">325,166</td>
<td style="padding: 0pt;">​</td>
<td style="padding: 0pt;">​</td>
</tr>
<tr style="line-height: 4pt; height: 4pt;">
<td style="line-height: 0pt; font-size: 0pt; padding: 0pt;" colspan="65">​</td>
</tr>
</table>
</div>
<div style="text-align: center; line-height: 12pt; margin-top: pt; font-weight: bold;">Valuation and Qualifying Accounts</div>
<table align="center" style="margin-top: 8pt; width: 100%; border-collapse: collapse; height: 233px;" border="0">
<tr style="text-align: center; text-transform: none; font: bold 8pt/9pt 'times new roman', times, serif; white-space: nowrap; color: #000000; vertical-align: bottom;">
<td style="border-bottom: #ffffff 1px solid; text-align: left; padding-bottom: 0.5pt; padding-left: 0pt; width: 257.38pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="border-bottom: #ffffff 1px solid; width: 6pt; padding: 0pt;">​</td>
<td style="border-bottom: #ffffff 1px solid; width: 6pt; padding: 0pt;">​</td>
<td style="border-bottom: #000000 1px solid; padding-bottom: 2.167pt; padding-left: 0pt; padding-right: 0pt; padding-top: 0pt;" colspan="4">
<div style="text-align: center;">Balance <br />at Beginning <br />of Period</div>
</td>
<td style="border-bottom: #ffffff 1px solid; width: 6pt; padding: 0pt;">​</td>
<td style="border-bottom: #ffffff 1px solid; width: 6pt; padding: 0pt;">​</td>
<td style="border-bottom: #000000 1px solid; padding-bottom: 2.167pt; padding-left: 0pt; padding-right: 0pt; padding-top: 0pt;" colspan="4">
<div style="text-align: center;"><font style="text-decoration: underline;">Additions</font> <br />Amounts <br />Charged to <br />Expense</div>
</td>
<td style="border-bottom: #ffffff 1px solid; width: 6pt; padding: 0pt;">​</td>
<td style="border-bottom: #ffffff 1px solid; width: 6pt; padding: 0pt;">​</td>
<td style="border-bottom: #000000 1px solid; padding-bottom: 2.167pt; padding-left: 0pt; padding-right: 0pt; padding-top: 0pt;" colspan="4">
<div style="text-align: center;"><font style="text-decoration: underline;">Deductions</font> <br />Amounts <br />Written Off <br />or Disposals</div>
</td>
<td style="border-bottom: #ffffff 1px solid; width: 6pt; padding: 0pt;">​</td>
<td style="border-bottom: #ffffff 1px solid; width: 6pt; padding: 0pt;">​</td>
<td style="border-bottom: #000000 1px solid; padding-bottom: 2.167pt; padding-left: 0pt; padding-right: 0pt; padding-top: 0pt;" colspan="4">
<div style="text-align: center;">Balance <br />at End <br />of Period</div>
</td>
<td style="border-bottom: #ffffff 1px solid; width: 0pt; padding: 0pt;">​</td>
</tr>
<tr style="text-align: right; text-transform: none; background-color: #cceeff; font: bold 10pt/10pt 'times new roman', times, serif; white-space: nowrap; color: #000000; vertical-align: bottom;">
<td style="text-align: left; padding-bottom: 1.5pt; padding-left: 0pt; width: 257.38pt; padding-right: 0pt; padding-top: 3.25pt;">Year Ended December 31, 2015</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="padding-bottom: 0pt; padding-left: 7.065pt; width: 0pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="min-width: 3.75pt; text-align: right; padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="min-width: 17.25pt; text-align: right; padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 0pt;">​</td>
<td style="padding-bottom: 0pt; padding-left: 7.065pt; width: 0pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="padding-bottom: 0pt; padding-left: 4.64pt; width: 0pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="min-width: 3.75pt; text-align: right; padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="min-width: 17.25pt; text-align: right; padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 0pt;">​</td>
<td style="padding-bottom: 0pt; padding-left: 4.64pt; width: 0pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="padding-bottom: 0pt; padding-left: 8.745pt; width: 0pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="min-width: 3.75pt; text-align: right; padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="min-width: 13.5pt; text-align: right; padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 0pt;">​</td>
<td style="padding-bottom: 0pt; padding-left: 8.745pt; width: 0pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="padding-bottom: 0pt; padding-left: 1.63pt; width: 0pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="min-width: 3.75pt; text-align: right; padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="min-width: 17.25pt; text-align: right; padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 0pt;">​</td>
<td style="padding-bottom: 0pt; padding-left: 1.63pt; width: 0pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
</tr>
<tr style="text-align: right; text-transform: none; font: 10pt/10pt 'times new roman', times, serif; white-space: nowrap; color: #000000; vertical-align: bottom;">
<td style="text-align: left; padding-bottom: 1.5pt; padding-left: 0pt; width: 257.38pt; padding-right: 0pt; padding-top: 3.5pt;">
<div style="white-space: nowrap;">Allowance for Doubtful Accounts</div>
</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="padding-bottom: 0pt; padding-left: 7.065pt; width: 0pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="min-width: 3.75pt; text-align: right; padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.5pt;">$</td>
<td style="min-width: 17.25pt; text-align: right; padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3.5pt;">1,985</td>
<td style="padding-bottom: 0pt; padding-left: 7.065pt; width: 0pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="padding-bottom: 0pt; padding-left: 4.64pt; width: 0pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="min-width: 3.75pt; text-align: right; padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.5pt;">$</td>
<td style="min-width: 17.25pt; text-align: right; padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top:
3.5pt;">1,061</td>
<td style="padding-bottom: 0pt; padding-left: 4.64pt; width: 0pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="padding-bottom: 0pt; padding-left: 8.745pt; width: 0pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="min-width: 3.75pt; text-align: right; padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.5pt;">$</td>
<td style="min-width: 13.5pt; text-align: right; padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3.5pt;">(268<font style="position: absolute;">)</font></td>
<td style="padding-bottom: 0pt; padding-left: 8.745pt; width: 0pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="padding-bottom: 0pt; padding-left: 1.63pt; width: 0pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="min-width: 3.75pt; text-align: right; padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.5pt;">$</td>
<td style="min-width: 17.25pt; text-align: right; padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3.5pt;">2,778</td>
<td style="padding-bottom: 0pt; padding-left: 1.63pt; width: 0pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
</tr>
<tr style="text-align: right; text-transform: none; background-color: #cceeff; font: 10pt/10pt 'times new roman', times, serif; white-space: nowrap; color: #000000; vertical-align: bottom;">
<td style="border-bottom: #cceeff 1px solid; text-align: left; padding-bottom: 2.5pt; padding-left: 0pt; width: 257.38pt; padding-right: 0pt; padding-top: 3.5pt;">
<div style="white-space: nowrap;">Allowance for Credit Losses on Bank Loans</div>
</td>
<td style="border-bottom: #cceeff 1px solid; width: 6pt; padding: 0pt;">​</td>
<td style="border-bottom: #cceeff 1px solid; width: 6pt; padding: 0pt;">​</td>
<td style="border-bottom: #cceeff 1px solid; padding-bottom: 0pt; padding-left: 7.065pt; width: 0pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="border-bottom: #000000 1px solid; min-width: 3.75pt; text-align: right; padding-bottom: 2.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.5pt;">​</td>
<td style="border-bottom: #000000 1px solid; min-width: 17.25pt; text-align: right; padding-bottom: 2.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3.5pt;">752</td>
<td style="border-bottom: #cceeff 1px solid; padding-bottom: 0pt; padding-left: 7.065pt; width: 0pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="border-bottom: #cceeff 1px solid; width: 6pt; padding: 0pt;">​</td>
<td style="border-bottom: #cceeff 1px solid; width: 6pt; padding: 0pt;">​</td>
<td style="border-bottom: #cceeff 1px solid; padding-bottom: 0pt; padding-left: 4.64pt; width: 0pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="border-bottom: #000000 1px solid; min-width: 3.75pt; text-align: right; padding-bottom: 2.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.5pt;">​</td>
<td style="border-bottom: #000000 1px solid; min-width: 17.25pt; text-align: right; padding-bottom: 2.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3.5pt;">3,896</td>
<td style="border-bottom: #cceeff 1px solid; padding-bottom: 0pt; padding-left: 4.64pt; width: 0pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="border-bottom: #cceeff 1px solid; width: 6pt; padding: 0pt;">​</td>
<td style="border-bottom: #cceeff 1px solid; width: 6pt; padding: 0pt;">​</td>
<td style="border-bottom: #cceeff 1px solid; padding-bottom: 0pt; padding-left: 8.745pt; width: 0pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="border-bottom: #000000 1px solid; min-width: 3.75pt; text-align: right; padding-bottom: 2.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.5pt;">​</td>
<td style="border-bottom: #000000 1px solid; min-width: 13.5pt; text-align: right; padding-bottom: 2.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3.5pt;">(338<font style="position: absolute;">)</font></td>
<td style="border-bottom: #cceeff 1px solid; padding-bottom: 0pt; padding-left: 8.745pt; width: 0pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="border-bottom: #cceeff 1px solid; width: 6pt; padding: 0pt;">​</td>
<td style="border-bottom: #cceeff 1px solid; width: 6pt; padding: 0pt;">​</td>
<td style="border-bottom: #cceeff 1px solid; padding-bottom: 0pt; padding-left: 1.63pt; width: 0pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="border-bottom: #000000 1px solid; min-width: 3.75pt; text-align: right; padding-bottom: 2.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.5pt;">​</td>
<td style="border-bottom: #000000 1px solid; min-width: 17.25pt; text-align: right; padding-bottom: 2.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3.5pt;">4,310</td>
<td style="border-bottom: #cceeff 1px solid; padding-bottom: 0pt; padding-left: 1.63pt; width: 0pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="border-bottom: #cceeff 1px solid; width: 0pt; padding: 0pt;">​</td>
</tr>
<tr style="text-align: right; text-transform: none; font: 10pt/10pt 'times new roman', times, serif; white-space: nowrap; color: #000000; vertical-align: bottom;">
<td style="text-align: left; padding-bottom: 3.25pt; padding-left: 0pt; width: 257.38pt; padding-right: 0pt; padding-top: 3.25pt;">
<div style="white-space: nowrap;">Total</div>
</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="padding-bottom: 0pt; padding-left: 7.065pt; width: 0pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="border-bottom: #000000 3px double; min-width: 3.75pt; text-align: right; padding-bottom: 2.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.25pt;">$</td>
<td style="border-bottom: #000000 3px double; min-width: 17.25pt; text-align: right; padding-bottom: 2.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3.25pt;">2,737</td>
<td style="padding-bottom: 0pt; padding-left: 7.065pt; width: 0pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="padding-bottom: 0pt; padding-left: 4.64pt; width: 0pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="border-bottom: #000000 3px double; min-width: 3.75pt; text-align: right; padding-bottom: 2.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.25pt;">$</td>
<td style="border-bottom: #000000
3px double; min-width: 17.25pt; text-align: right; padding-bottom: 2.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3.25pt;">4,957</td>
<td style="padding-bottom: 0pt; padding-left: 4.64pt; width: 0pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="padding-bottom: 0pt; padding-left: 8.745pt; width: 0pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="border-bottom: #000000 3px double; min-width: 3.75pt; text-align: right; padding-bottom: 2.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.25pt;">$</td>
<td style="border-bottom: #000000 3px double; min-width: 13.5pt; text-align: right; padding-bottom: 2.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3.25pt;">(606<font style="position: absolute;">)</font></td>
<td style="padding-bottom: 0pt; padding-left: 8.745pt; width: 0pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="padding-bottom: 0pt; padding-left: 1.63pt; width: 0pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="border-bottom: #000000 3px double; min-width: 3.75pt; text-align: right; padding-bottom: 2.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.25pt;">$</td>
<td style="border-bottom: #000000 3px double; min-width: 17.25pt; text-align: right; padding-bottom: 2.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3.25pt;">7,088</td>
<td style="padding-bottom: 0pt; padding-left: 1.63pt; width: 0pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
</tr>
<tr style="text-align: right; text-transform: none; background-color: #cceeff; font: bold 10pt/10pt 'times new roman', times, serif; white-space: nowrap; color: #000000; vertical-align: bottom;">
<td style="text-align: left; padding-bottom: 1.5pt; padding-left: 0pt; width: 257.38pt; padding-right: 0pt; padding-top: 8.75pt;">Year Ended December 31, 2014</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="padding-bottom: 0pt; padding-left: 7.065pt; width: 0pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="min-width: 3.75pt; text-align: right; padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="min-width: 17.25pt; text-align: right; padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 0pt;">​</td>
<td style="padding-bottom: 0pt; padding-left: 7.065pt; width: 0pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="padding-bottom: 0pt; padding-left: 4.64pt; width: 0pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="min-width: 3.75pt; text-align: right; padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="min-width: 17.25pt; text-align: right; padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 0pt;">​</td>
<td style="padding-bottom: 0pt; padding-left: 4.64pt; width: 0pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="padding-bottom: 0pt; padding-left: 8.745pt; width: 0pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="min-width: 3.75pt; text-align: right; padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="min-width: 13.5pt; text-align: right; padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 0pt;">​</td>
<td style="padding-bottom: 0pt; padding-left: 8.745pt; width: 0pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="padding-bottom: 0pt; padding-left: 1.63pt; width: 0pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="min-width: 3.75pt; text-align: right; padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="min-width: 17.25pt; text-align: right; padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 0pt;">​</td>
<td style="padding-bottom: 0pt; padding-left: 1.63pt; width: 0pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
</tr>
<tr style="text-align: right; text-transform: none; font: 10pt/10pt 'times new roman', times, serif; white-space: nowrap; color: #000000; vertical-align: bottom;">
<td style="text-align: left; padding-bottom: 1.5pt; padding-left: 0pt; width: 257.38pt; padding-right: 0pt; padding-top: 3.5pt;">
<div style="white-space: nowrap;">Allowance for Doubtful Accounts</div>
</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="padding-bottom: 0pt; padding-left: 7.065pt; width: 0pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="min-width: 3.75pt; text-align: right; padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.5pt;">$</td>
<td style="min-width: 17.25pt; text-align: right; padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3.5pt;">1,701</td>
<td style="padding-bottom: 0pt; padding-left: 7.065pt; width: 0pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="padding-bottom: 0pt; padding-left: 4.64pt; width: 0pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="min-width: 3.75pt; text-align: right; padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.5pt;">$</td>
<td style="min-width: 17.25pt; text-align: right; padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3.5pt;">812</td>
<td style="padding-bottom: 0pt; padding-left: 4.64pt; width: 0pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="padding-bottom: 0pt; padding-left: 8.745pt; width: 0pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="min-width: 3.75pt; text-align: right; padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.5pt;">$</td>
<td style="min-width: 13.5pt; text-align: right; padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top:
3.5pt;">(528<font style="position: absolute;">)</font></td>
<td style="padding-bottom: 0pt; padding-left: 8.745pt; width: 0pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="padding-bottom: 0pt; padding-left: 1.63pt; width: 0pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="min-width: 3.75pt; text-align: right; padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.5pt;">$</td>
<td style="min-width: 17.25pt; text-align: right; padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3.5pt;">1,985</td>
<td style="padding-bottom: 0pt; padding-left: 1.63pt; width: 0pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
</tr>
<tr style="text-align: right; text-transform: none; background-color: #cceeff; font: 10pt/10pt 'times new roman', times, serif; white-space: nowrap; color: #000000; vertical-align: bottom;">
<td style="border-bottom: #cceeff 1px solid; text-align: left; padding-bottom: 2.5pt; padding-left: 0pt; width: 257.38pt; padding-right: 0pt; padding-top: 3.5pt;">
<div style="white-space: nowrap;">Allowance for Credit Losses on Bank Loans</div>
</td>
<td style="border-bottom: #cceeff 1px solid; width: 6pt; padding: 0pt;">​</td>
<td style="border-bottom: #cceeff 1px solid; width: 6pt; padding: 0pt;">​</td>
<td style="border-bottom: #cceeff 1px solid; padding-bottom: 0pt; padding-left: 7.065pt; width: 0pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="border-bottom: #000000 1px solid; min-width: 3.75pt; text-align: right; padding-bottom: 2.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.5pt;">​</td>
<td style="border-bottom: #000000 1px solid; min-width: 17.25pt; text-align: right; padding-bottom: 2.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3.5pt;">242</td>
<td style="border-bottom: #cceeff 1px solid; padding-bottom: 0pt; padding-left: 7.065pt; width: 0pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="border-bottom: #cceeff 1px solid; width: 6pt; padding: 0pt;">​</td>
<td style="border-bottom: #cceeff 1px solid; width: 6pt; padding: 0pt;">​</td>
<td style="border-bottom: #cceeff 1px solid; padding-bottom: 0pt; padding-left: 4.64pt; width: 0pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="border-bottom: #000000 1px solid; min-width: 3.75pt; text-align: right; padding-bottom: 2.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.5pt;">​</td>
<td style="border-bottom: #000000 1px solid; min-width: 17.25pt; text-align: right; padding-bottom: 2.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3.5pt;">752</td>
<td style="border-bottom: #cceeff 1px solid; padding-bottom: 0pt; padding-left: 4.64pt; width: 0pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="border-bottom: #cceeff 1px solid; width: 6pt; padding: 0pt;">​</td>
<td style="border-bottom: #cceeff 1px solid; width: 6pt; padding: 0pt;">​</td>
<td style="border-bottom: #cceeff 1px solid; padding-bottom: 0pt; padding-left: 8.745pt; width: 0pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="border-bottom: #000000 1px solid; min-width: 3.75pt; text-align: right; padding-bottom: 2.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.5pt;">​</td>
<td style="border-bottom: #000000 1px solid; min-width: 13.5pt; text-align: right; padding-bottom: 2.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3.5pt;">(242<font style="position: absolute;">)</font></td>
<td style="border-bottom: #cceeff 1px solid; padding-bottom: 0pt; padding-left: 8.745pt; width: 0pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="border-bottom: #cceeff 1px solid; width: 6pt; padding: 0pt;">​</td>
<td style="border-bottom: #cceeff 1px solid; width: 6pt; padding: 0pt;">​</td>
<td style="border-bottom: #cceeff 1px solid; padding-bottom: 0pt; padding-left: 1.63pt; width: 0pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="border-bottom: #000000 1px solid; min-width: 3.75pt; text-align: right; padding-bottom: 2.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.5pt;">​</td>
<td style="border-bottom: #000000 1px solid; min-width: 17.25pt; text-align: right; padding-bottom: 2.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3.5pt;">752</td>
<td style="border-bottom: #cceeff 1px solid; padding-bottom: 0pt; padding-left: 1.63pt; width: 0pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="border-bottom: #cceeff 1px solid; width: 0pt; padding: 0pt;">​</td>
</tr>
<tr style="text-align: right; text-transform: none; font: 10pt/10pt 'times new roman', times, serif; white-space: nowrap; color: #000000; vertical-align: bottom;">
<td style="text-align: left; padding-bottom: 3.25pt; padding-left: 0pt; width: 257.38pt; padding-right: 0pt; padding-top: 3.25pt;">
<div style="white-space: nowrap;">Total</div>
</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="padding-bottom: 0pt; padding-left: 7.065pt; width: 0pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="border-bottom: #000000 3px double; min-width: 3.75pt; text-align: right; padding-bottom: 2.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.25pt;">$</td>
<td style="border-bottom: #000000 3px double; min-width: 17.25pt; text-align: right; padding-bottom: 2.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3.25pt;">1,943</td>
<td style="padding-bottom: 0pt; padding-left: 7.065pt; width: 0pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="padding-bottom: 0pt; padding-left: 4.64pt; width: 0pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="border-bottom: #000000 3px double; min-width: 3.75pt; text-align: right; padding-bottom: 2.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.25pt;">$</td>
<td style="border-bottom: #000000 3px double; min-width: 17.25pt; text-align: right; padding-bottom: 2.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3.25pt;">1,564</td>
<td style="padding-bottom: 0pt; padding-left: 4.64pt; width: 0pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="padding-bottom: 0pt; padding-left: 8.745pt; width: 0pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="border-bottom: #000000 3px double; min-width: 3.75pt; text-align: right; padding-bottom: 2.5pt; padding-left: 0pt; padding-right:
0pt; padding-top: 3.25pt;">$</td>
<td style="border-bottom: #000000 3px double; min-width: 13.5pt; text-align: right; padding-bottom: 2.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3.25pt;">(770<font style="position: absolute;">)</font></td>
<td style="padding-bottom: 0pt; padding-left: 8.745pt; width: 0pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="padding-bottom: 0pt; padding-left: 1.63pt; width: 0pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="border-bottom: #000000 3px double; min-width: 3.75pt; text-align: right; padding-bottom: 2.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.25pt;">$</td>
<td style="border-bottom: #000000 3px double; min-width: 17.25pt; text-align: right; padding-bottom: 2.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3.25pt;">2,737</td>
<td style="padding-bottom: 0pt; padding-left: 1.63pt; width: 0pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
</tr>
<tr style="text-align: right; text-transform: none; background-color: #cceeff; font: bold 10pt/10pt 'times new roman', times, serif; white-space: nowrap; color: #000000; vertical-align: bottom;">
<td style="text-align: left; padding-bottom: 1.5pt; padding-left: 0pt; width: 257.38pt; padding-right: 0pt; padding-top: 8.75pt;">Year Ended December 31, 2013</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="padding-bottom: 0pt; padding-left: 7.065pt; width: 0pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="min-width: 3.75pt; text-align: right; padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="min-width: 17.25pt; text-align: right; padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 0pt;">​</td>
<td style="padding-bottom: 0pt; padding-left: 7.065pt; width: 0pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="padding-bottom: 0pt; padding-left: 4.64pt; width: 0pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="min-width: 3.75pt; text-align: right; padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="min-width: 17.25pt; text-align: right; padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 0pt;">​</td>
<td style="padding-bottom: 0pt; padding-left: 4.64pt; width: 0pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="padding-bottom: 0pt; padding-left: 8.745pt; width: 0pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="min-width: 3.75pt; text-align: right; padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="min-width: 13.5pt; text-align: right; padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 0pt;">​</td>
<td style="padding-bottom: 0pt; padding-left: 8.745pt; width: 0pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="padding-bottom: 0pt; padding-left: 1.63pt; width: 0pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="min-width: 3.75pt; text-align: right; padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="min-width: 17.25pt; text-align: right; padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 0pt;">​</td>
<td style="padding-bottom: 0pt; padding-left: 1.63pt; width: 0pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
</tr>
<tr style="text-align: right; text-transform: none; font: 10pt/10pt 'times new roman', times, serif; white-space: nowrap; color: #000000; vertical-align: bottom;">
<td style="text-align: left; padding-bottom: 1.5pt; padding-left: 0pt; width: 257.38pt; padding-right: 0pt; padding-top: 3.5pt;">
<div style="white-space: nowrap;">Allowance for Doubtful Accounts</div>
</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="padding-bottom: 0pt; padding-left: 7.065pt; width: 0pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="min-width: 3.75pt; text-align: right; padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.5pt;">$</td>
<td style="min-width: 17.25pt; text-align: right; padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3.5pt;">2,220</td>
<td style="padding-bottom: 0pt; padding-left: 7.065pt; width: 0pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="padding-bottom: 0pt; padding-left: 4.64pt; width: 0pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="min-width: 3.75pt; text-align: right; padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.5pt;">$</td>
<td style="min-width: 17.25pt; text-align: right; padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3.5pt;">459</td>
<td style="padding-bottom: 0pt; padding-left: 4.64pt; width: 0pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="padding-bottom: 0pt; padding-left: 8.745pt; width: 0pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="min-width: 3.75pt; text-align: right; padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.5pt;">$</td>
<td style="min-width: 13.5pt; text-align: right; padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3.5pt;">(978<font style="position: absolute;">)</font></td>
<td style="padding-bottom: 0pt; padding-left: 8.745pt; width: 0pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="padding-bottom: 0pt; padding-left: 1.63pt; width: 0pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="min-width: 3.75pt; text-align: right; padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.5pt;">$</td>
<td style="min-width: 17.25pt; text-align: right; padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; white-space:
nowrap; padding-top: 3.5pt;">1,701</td>
<td style="padding-bottom: 0pt; padding-left: 1.63pt; width: 0pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
</tr>
<tr style="text-align: right; text-transform: none; background-color: #cceeff; font: 10pt/10pt 'times new roman', times, serif; white-space: nowrap; color: #000000; vertical-align: bottom;">
<td style="border-bottom: #cceeff 1px solid; text-align: left; padding-bottom: 2.5pt; padding-left: 0pt; width: 257.38pt; padding-right: 0pt; padding-top: 3.5pt;">
<div style="white-space: nowrap;">Allowance for Credit Losses on Bank Loans</div>
</td>
<td style="border-bottom: #cceeff 1px solid; width: 6pt; padding: 0pt;">​</td>
<td style="border-bottom: #cceeff 1px solid; width: 6pt; padding: 0pt;">​</td>
<td style="border-bottom: #cceeff 1px solid; padding-bottom: 0pt; padding-left: 7.065pt; width: 0pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="border-bottom: #000000 1px solid; min-width: 3.75pt; text-align: right; padding-bottom: 2.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.5pt;">​</td>
<td style="border-bottom: #000000 1px solid; min-width: 17.25pt; text-align: right; padding-bottom: 2.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3.5pt;">121</td>
<td style="border-bottom: #cceeff 1px solid; padding-bottom: 0pt; padding-left: 7.065pt; width: 0pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="border-bottom: #cceeff 1px solid; width: 6pt; padding: 0pt;">​</td>
<td style="border-bottom: #cceeff 1px solid; width: 6pt; padding: 0pt;">​</td>
<td style="border-bottom: #cceeff 1px solid; padding-bottom: 0pt; padding-left: 4.64pt; width: 0pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="border-bottom: #000000 1px solid; min-width: 3.75pt; text-align: right; padding-bottom: 2.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.5pt;">​</td>
<td style="border-bottom: #000000 1px solid; min-width: 17.25pt; text-align: right; padding-bottom: 2.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3.5pt;">121</td>
<td style="border-bottom: #cceeff 1px solid; padding-bottom: 0pt; padding-left: 4.64pt; width: 0pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="border-bottom: #cceeff 1px solid; width: 6pt; padding: 0pt;">​</td>
<td style="border-bottom: #cceeff 1px solid; width: 6pt; padding: 0pt;">​</td>
<td style="border-bottom: #cceeff 1px solid; padding-bottom: 0pt; padding-left: 8.745pt; width: 0pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="border-bottom: #000000 1px solid; min-width: 3.75pt; text-align: right; padding-bottom: 2.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.5pt;">​</td>
<td style="border-bottom: #000000 1px solid; min-width: 13.5pt; text-align: right; padding-bottom: 2.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3.5pt;">—</td>
<td style="border-bottom: #cceeff 1px solid; padding-bottom: 0pt; padding-left: 8.745pt; width: 0pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="border-bottom: #cceeff 1px solid; width: 6pt; padding: 0pt;">​</td>
<td style="border-bottom: #cceeff 1px solid; width: 6pt; padding: 0pt;">​</td>
<td style="border-bottom: #cceeff 1px solid; padding-bottom: 0pt; padding-left: 1.63pt; width: 0pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="border-bottom: #000000 1px solid; min-width: 3.75pt; text-align: right; padding-bottom: 2.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.5pt;">​</td>
<td style="border-bottom: #000000 1px solid; min-width: 17.25pt; text-align: right; padding-bottom: 2.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3.5pt;">242</td>
<td style="border-bottom: #cceeff 1px solid; padding-bottom: 0pt; padding-left: 1.63pt; width: 0pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="border-bottom: #cceeff 1px solid; width: 0pt; padding: 0pt;">​</td>
</tr>
<tr style="text-align: right; text-transform: none; font: 10pt/10pt 'times new roman', times, serif; white-space: nowrap; color: #000000; vertical-align: bottom;">
<td style="text-align: left; padding-bottom: 2.75pt; widows: 1; text-transform: none; text-indent: 0px; padding-left: 0pt; width: 257.38pt; padding-right: 0pt; font: 13px/13px 'times new roman', times, serif; white-space: nowrap; letter-spacing: normal; color: #000000; word-spacing: 0px; padding-top: 3.25pt; -webkit-text-stroke-width: 0px;">
<div style="white-space: nowrap;">Total</div>
</td>
<td style="text-align: right; widows: 1; text-transform: none; text-indent: 0px; width: 6pt; font: 13px/13px 'times new roman', times, serif; white-space: nowrap; letter-spacing: normal; color: #000000; word-spacing: 0px; -webkit-text-stroke-width: 0px; padding: 0pt;">​</td>
<td style="text-align: right; widows: 1; text-transform: none; text-indent: 0px; width: 6pt; font: 13px/13px 'times new roman', times, serif; white-space: nowrap; letter-spacing: normal; color: #000000; word-spacing: 0px; -webkit-text-stroke-width: 0px; padding: 0pt;">​</td>
<td style="text-align: right; padding-bottom: 0pt; widows: 1; text-transform: none; text-indent: 0px; padding-left: 7.065pt; width: 0pt; padding-right: 0pt; font: 13px/13px 'times new roman', times, serif; white-space: nowrap; letter-spacing: normal; color: #000000; word-spacing: 0px; padding-top: 0pt; -webkit-text-stroke-width: 0px;">​</td>
<td style="border-bottom: #000000 3px double; min-width: 3.75pt; text-align: right; padding-bottom: 2pt; widows: 1; text-transform: none; text-indent: 0px; padding-left: 0pt; padding-right: 0pt; font: 13px/13px 'times new roman', times, serif; white-space: nowrap; letter-spacing: normal; color: #000000; word-spacing: 0px; padding-top: 3.25pt; -webkit-text-stroke-width: 0px;">$</td>
<td style="border-bottom: #000000 3px double; min-width: 17.25pt; text-align: right; padding-bottom: 2pt; widows: 1; text-transform: none; text-indent: 0px; padding-left: 0pt; padding-right: 0pt; font: 13px/13px 'times new roman', times, serif; white-space: nowrap; letter-spacing: normal; color: #000000; word-spacing: 0px; padding-top: 3.25pt; -webkit-text-stroke-width: 0px;">2,341</td>
<td style="text-align: right; padding-bottom: 0pt; widows: 1; text-transform: none; text-indent: 0px; padding-left: 7.065pt; width: 0pt; padding-right: 0pt; font: 13px/13px 'times new roman', times, serif; white-space: nowrap; letter-spacing: normal; color: #000000; word-spacing: 0px; padding-top: 0pt; -webkit-text-stroke-width: 0px;">​</td>
<td style="text-align: right; widows: 1; text-transform: none; text-indent: 0px; width: 6pt; font: 13px/13px 'times new roman', times, serif; white-space: nowrap; letter-spacing: normal; color: #000000; word-spacing: 0px;
-webkit-text-stroke-width: 0px; padding: 0pt;">​</td>
<td style="text-align: right; widows: 1; text-transform: none; text-indent: 0px; width: 6pt; font: 13px/13px 'times new roman', times, serif; white-space: nowrap; letter-spacing: normal; color: #000000; word-spacing: 0px; -webkit-text-stroke-width: 0px; padding: 0pt;">​</td>
<td style="text-align: right; padding-bottom: 0pt; widows: 1; text-transform: none; text-indent: 0px; padding-left: 4.64pt; width: 0pt; padding-right: 0pt; font: 13px/13px 'times new roman', times, serif; white-space: nowrap; letter-spacing: normal; color: #000000; word-spacing: 0px; padding-top: 0pt; -webkit-text-stroke-width: 0px;">​</td>
<td style="border-bottom: #000000 3px double; min-width: 3.75pt; text-align: right; padding-bottom: 2pt; widows: 1; text-transform: none; text-indent: 0px; padding-left: 0pt; padding-right: 0pt; font: 13px/13px 'times new roman', times, serif; white-space: nowrap; letter-spacing: normal; color: #000000; word-spacing: 0px; padding-top: 3.25pt; -webkit-text-stroke-width: 0px;">$</td>
<td style="border-bottom: #000000 3px double; min-width: 17.25pt; text-align: right; padding-bottom: 2pt; widows: 1; text-transform: none; text-indent: 0px; padding-left: 0pt; padding-right: 0pt; font: 13px/13px 'times new roman', times, serif; white-space: nowrap; letter-spacing: normal; color: #000000; word-spacing: 0px; padding-top: 3.25pt; -webkit-text-stroke-width: 0px;">580</td>
<td style="text-align: right; padding-bottom: 0pt; widows: 1; text-transform: none; text-indent: 0px; padding-left: 4.64pt; width: 0pt; padding-right: 0pt; font: 13px/13px 'times new roman', times, serif; white-space: nowrap; letter-spacing: normal; color: #000000; word-spacing: 0px; padding-top: 0pt; -webkit-text-stroke-width: 0px;">​</td>
<td style="text-align: right; widows: 1; text-transform: none; text-indent: 0px; width: 6pt; font: 13px/13px 'times new roman', times, serif; white-space: nowrap; letter-spacing: normal; color: #000000; word-spacing: 0px; -webkit-text-stroke-width: 0px; padding: 0pt;">​</td>
<td style="text-align: right; widows: 1; text-transform: none; text-indent: 0px; width: 6pt; font: 13px/13px 'times new roman', times, serif; white-space: nowrap; letter-spacing: normal; color: #000000; word-spacing: 0px; -webkit-text-stroke-width: 0px; padding: 0pt;">​</td>
<td style="text-align: right; padding-bottom: 0pt; widows: 1; text-transform: none; text-indent: 0px; padding-left: 8.745pt; width: 0pt; padding-right: 0pt; font: 13px/13px 'times new roman', times, serif; white-space: nowrap; letter-spacing: normal; color: #000000; word-spacing: 0px; padding-top: 0pt; -webkit-text-stroke-width: 0px;">​</td>
<td style="border-bottom: #000000 3px double; min-width: 3.75pt; text-align: right; padding-bottom: 2pt; widows: 1; text-transform: none; text-indent: 0px; padding-left: 0pt; padding-right: 0pt; font: 13px/13px 'times new roman', times, serif; white-space: nowrap; letter-spacing: normal; color: #000000; word-spacing: 0px; padding-top: 3.25pt; -webkit-text-stroke-width: 0px;">$</td>
<td style="border-bottom: #000000 3px double; min-width: 13.5pt; text-align: right; padding-bottom: 2pt; widows: 1; text-transform: none; text-indent: 0px; padding-left: 0pt; padding-right: 0pt; font: 13px/13px 'times new roman', times, serif; white-space: nowrap; letter-spacing: normal; color: #000000; word-spacing: 0px; padding-top: 3.25pt; -webkit-text-stroke-width: 0px;">(978<font style="position: absolute;">)</font></td>
<td style="text-align: right; padding-bottom: 0pt; widows: 1; text-transform: none; text-indent: 0px; padding-left: 8.745pt; width: 0pt; padding-right: 0pt; font: 13px/13px 'times new roman', times, serif; white-space: nowrap; letter-spacing: normal; color: #000000; word-spacing: 0px; padding-top: 0pt; -webkit-text-stroke-width: 0px;">​</td>
<td style="text-align: right; widows: 1; text-transform: none; text-indent: 0px; width: 6pt; font: 13px/13px 'times new roman', times, serif; white-space: nowrap; letter-spacing: normal; color: #000000; word-spacing: 0px; -webkit-text-stroke-width: 0px; padding: 0pt;">​</td>
<td style="text-align: right; widows: 1; text-transform: none; text-indent: 0px; width: 6pt; font: 13px/13px 'times new roman', times, serif; white-space: nowrap; letter-spacing: normal; color: #000000; word-spacing: 0px; -webkit-text-stroke-width: 0px; padding: 0pt;">​</td>
<td style="text-align: right; padding-bottom: 0pt; widows: 1; text-transform: none; text-indent: 0px; padding-left: 1.63pt; width: 0pt; padding-right: 0pt; font: 13px/13px 'times new roman', times, serif; white-space: nowrap; letter-spacing: normal; color: #000000; word-spacing: 0px; padding-top: 0pt; -webkit-text-stroke-width: 0px;">​</td>
<td style="border-bottom: #000000 3px double; min-width: 3.75pt; text-align: right; padding-bottom: 2pt; widows: 1; text-transform: none; text-indent: 0px; padding-left: 0pt; padding-right: 0pt; font: 13px/13px 'times new roman', times, serif; white-space: nowrap; letter-spacing: normal; color: #000000; word-spacing: 0px; padding-top: 3.25pt; -webkit-text-stroke-width: 0px;">$</td>
<td style="border-bottom: #000000 3px double; min-width: 17.25pt; text-align: right; padding-bottom: 2pt; widows: 1; text-transform: none; text-indent: 0px; padding-left: 0pt; padding-right: 0pt; font: 13px/13px 'times new roman', times, serif; white-space: nowrap; letter-spacing: normal; color: #000000; word-spacing: 0px; padding-top: 3.25pt; -webkit-text-stroke-width: 0px;">1,943</td>
</tr>
</table>
<div style="text-align: center; line-height: 12pt; margin-top: pt; font-weight: bold;">Reinsurance</div>
<table align="center" style="margin-top: 8pt; width: 100%; border-collapse: collapse; height: 278px;" border="0">
<tr style="text-align: center; text-transform: none; font: bold 8pt/9pt 'times new roman', times, serif; white-space: nowrap; color: #000000; vertical-align: bottom;">
<td style="border-bottom: #ffffff 1px solid; text-align: left; padding-bottom: 0.5pt; padding-left: 0pt; width: 208.59pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="border-bottom: #ffffff 1px solid; width: 6pt; padding: 0pt;">​</td>
<td style="border-bottom: #ffffff 1px solid; width: 6pt; padding: 0pt;">​</td>
<td style="border-bottom: #000000 1px solid; padding-bottom: 2.167pt; padding-left: 0pt; padding-right: 0pt; padding-top: 0pt;" colspan="4">
<div style="text-align: center;">Direct <br />Amount</div>
</td>
<td style="border-bottom: #ffffff 1px solid; width: 6pt; padding: 0pt;">​</td>
<td style="border-bottom: #ffffff 1px solid; width: 6pt; padding: 0pt;">​</td>
<td style="border-bottom: #000000 1px solid; padding-bottom: 2.167pt; padding-left: 0pt; padding-right: 0pt; padding-top: 0pt;" colspan="4">
<div style="text-align: center;">Ceded <br />to Other <br />Companies</div>
</td>
<td style="border-bottom: #ffffff 1px solid; width: 6pt; padding: 0pt;">​</td>
<td style="border-bottom: #ffffff 1px solid; width: 6pt; padding: 0pt;">​</td>
<td style="border-bottom: #000000 1px solid; padding-bottom: 2.167pt; padding-left: 0pt; padding-right: 0pt; padding-top: 0pt;" colspan="4">
<div style="text-align: center;">Assumed <br />from Other <br />Companies</div>
</td>
<td style="border-bottom: #ffffff 1px solid; width: 6pt; padding: 0pt;">​</td>
<td style="border-bottom: #ffffff 1px solid; width: 6pt; padding: 0pt;">​</td>
<td style="border-bottom: #000000 1px solid; padding-bottom: 2.167pt; padding-left: 0pt; padding-right: 0pt; padding-top: 0pt;" colspan="4">
<div style="text-align: center;">Net <br />Amount</div>
</td>
<td style="border-bottom: #ffffff 1px solid; width: 6pt; padding: 0pt;">​</td>
<td style="border-bottom: #ffffff 1px solid; width: 6pt; padding: 0pt;">​</td>
<td style="border-bottom: #000000 1px solid; padding-bottom: 2.167pt; padding-left: 0pt; padding-right: 0pt; padding-top: 0pt;" colspan="4">
<div style="text-align: center;">Percentage <br />of Amount <br />Assumed <br />to Net</div>
</td>
<td style="border-bottom: #ffffff 1px solid; width: 0pt; padding: 0pt;">​</td>
</tr>
<tr style="text-align: right; text-transform: none; background-color: #cceeff; font: bold 10pt/10pt 'times new roman', times, serif; white-space: nowrap; color: #000000; vertical-align: bottom;">
<td style="text-align: left; padding-bottom: 1.5pt; padding-left: 0pt; width: 208.59pt; padding-right: 0pt; padding-top: 3.25pt;">Year Ended December 31, 2015</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="min-width: 3.75pt; text-align: right; padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="min-width: 24.75pt; text-align: right; padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="min-width: 3.75pt; text-align: right; padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="min-width: 24.75pt; text-align: right; padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="min-width: 3.75pt; text-align: right; padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="min-width: 24.75pt; text-align: right; padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="min-width: 3.75pt; text-align: right; padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="min-width: 24.75pt; text-align: right; padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="padding-bottom: 0pt; padding-left: 6.935pt; width: 0pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="min-width: 0pt; text-align: right; padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="min-width: 17.25pt; text-align: right; padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 0pt;">​</td>
<td style="padding-bottom: 0pt; padding-left: 6.935pt; width: 0pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
</tr>
<tr style="text-align: right; text-transform: none; font: 10pt/10pt 'times new roman', times, serif; white-space: nowrap; color: #000000; vertical-align: bottom;">
<td style="text-align: left; padding-bottom: 1.5pt; padding-left: 0pt; width: 208.59pt; padding-right: 0pt; padding-top: 3.5pt;">
<div style="white-space: nowrap;">Excess and Surplus Lines Written Premiums</div>
</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="min-width: 3.75pt; text-align: right; padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.5pt;">$</td>
<td style="min-width: 24.75pt; text-align: right; padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3.5pt;">308,713</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="min-width: 3.75pt; text-align: right; padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.5pt;">$</td>
<td style="min-width: 24.75pt; text-align:
right; padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3.5pt;">55,432</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="min-width: 3.75pt; text-align: right; padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.5pt;">$</td>
<td style="min-width: 24.75pt; text-align: right; padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3.5pt;">4</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="min-width: 3.75pt; text-align: right; padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.5pt;">$</td>
<td style="min-width: 24.75pt; text-align: right; padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3.5pt;">253,285</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="padding-bottom: 0pt; padding-left: 6.935pt; width: 0pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="min-width: 0pt; text-align: right; padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.5pt;">​</td>
<td style="min-width: 17.25pt; text-align: right; padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3.5pt;">—</td>
<td style="padding-bottom: 0pt; padding-left: 6.935pt; width: 0pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
</tr>
<tr style="text-align: right; text-transform: none; background-color: #cceeff; font: 10pt/10pt 'times new roman', times, serif; white-space: nowrap; color: #000000; vertical-align: bottom;">
<td style="text-align: left; padding-bottom: 1.5pt; padding-left: 0pt; width: 208.59pt; padding-right: 0pt; padding-top: 3.5pt;">
<div style="white-space: nowrap;">Specialty Admitted Written Premiums</div>
</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="min-width: 3.75pt; text-align: right; padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.5pt;">​</td>
<td style="min-width: 24.75pt; text-align: right; padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3.5pt;">87,103</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="min-width: 3.75pt; text-align: right; padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.5pt;">​</td>
<td style="min-width: 24.75pt; text-align: right; padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3.5pt;">46,061</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="min-width: 3.75pt; text-align: right; padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.5pt;">​</td>
<td style="min-width: 24.75pt; text-align: right; padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3.5pt;">3,875</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="min-width: 3.75pt; text-align: right; padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.5pt;">​</td>
<td style="min-width: 24.75pt; text-align: right; padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3.5pt;">44,917</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="padding-bottom: 0pt; padding-left: 6.935pt; width: 0pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="min-width: 0pt; text-align: right; padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.5pt;">​</td>
<td style="min-width: 17.25pt; text-align: right; padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3.5pt;">8.6<font style="position: absolute;">%</font></td>
<td style="padding-bottom: 0pt; padding-left: 6.935pt; width: 0pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
</tr>
<tr style="text-align: right; text-transform: none; font: 10pt/10pt 'times new roman', times, serif; white-space: nowrap; color: #000000; vertical-align: bottom;">
<td style="border-bottom: #ffffff 1px solid; text-align: left; padding-bottom: 2.5pt; padding-left: 0pt; width: 208.59pt; padding-right: 0pt; padding-top: 3.5pt;">
<div style="white-space: nowrap;">Casualty Reinsurance Written Premiums</div>
</td>
<td style="border-bottom: #ffffff 1px solid; width: 6pt; padding: 0pt;">​</td>
<td style="border-bottom: #ffffff 1px solid; width: 6pt; padding: 0pt;">​</td>
<td style="border-bottom: #ffffff 1px solid; width: 0pt; padding: 0pt;">​</td>
<td style="border-bottom: #000000 1px solid; min-width: 3.75pt; text-align: right; padding-bottom: 2.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.5pt;">​</td>
<td style="border-bottom: #000000 1px solid; min-width: 24.75pt; text-align: right; padding-bottom: 2.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3.5pt;">—</td>
<td style="border-bottom: #ffffff 1px solid; width: 0pt; padding: 0pt;">​</td>
<td style="border-bottom: #ffffff 1px solid; width: 6pt; padding: 0pt;">​</td>
<td style="border-bottom: #ffffff 1px solid; width: 6pt; padding: 0pt;">​</td>
<td style="border-bottom: #ffffff 1px solid; width: 0pt; padding: 0pt;">​</td>
<td style="border-bottom: #000000 1px solid; min-width: 3.75pt; text-align: right; padding-bottom: 2.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.5pt;">​</td>
<td style="border-bottom: #000000 1px solid; min-width: 24.75pt; text-align: right; padding-bottom: 2.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3.5pt;">(331<font style="position: absolute;">)</font></td>
<td style="border-bottom: #ffffff 1px solid; width: 0pt; padding: 0pt;">​</td>
<td
style="border-bottom: #ffffff 1px solid; width: 6pt; padding: 0pt;">​</td>
<td style="border-bottom: #ffffff 1px solid; width: 6pt; padding: 0pt;">​</td>
<td style="border-bottom: #ffffff 1px solid; width: 0pt; padding: 0pt;">​</td>
<td style="border-bottom: #000000 1px solid; min-width: 3.75pt; text-align: right; padding-bottom: 2.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.5pt;">​</td>
<td style="border-bottom: #000000 1px solid; min-width: 24.75pt; text-align: right; padding-bottom: 2.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3.5pt;">172,499</td>
<td style="border-bottom: #ffffff 1px solid; width: 0pt; padding: 0pt;">​</td>
<td style="border-bottom: #ffffff 1px solid; width: 6pt; padding: 0pt;">​</td>
<td style="border-bottom: #ffffff 1px solid; width: 6pt; padding: 0pt;">​</td>
<td style="border-bottom: #ffffff 1px solid; width: 0pt; padding: 0pt;">​</td>
<td style="border-bottom: #000000 1px solid; min-width: 3.75pt; text-align: right; padding-bottom: 2.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.5pt;">​</td>
<td style="border-bottom: #000000 1px solid; min-width: 24.75pt; text-align: right; padding-bottom: 2.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3.5pt;">172,830</td>
<td style="border-bottom: #ffffff 1px solid; width: 0pt; padding: 0pt;">​</td>
<td style="border-bottom: #ffffff 1px solid; width: 6pt; padding: 0pt;">​</td>
<td style="border-bottom: #ffffff 1px solid; width: 6pt; padding: 0pt;">​</td>
<td style="border-bottom: #ffffff 1px solid; padding-bottom: 0pt; padding-left: 6.935pt; width: 0pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="border-bottom: #ffffff 1px solid; min-width: 0pt; text-align: right; padding-bottom: 2.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.5pt;">​</td>
<td style="border-bottom: #ffffff 1px solid; min-width: 17.25pt; text-align: right; padding-bottom: 2.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3.5pt;">99.8<font style="position: absolute;">%</font></td>
<td style="border-bottom: #ffffff 1px solid; padding-bottom: 0pt; padding-left: 6.935pt; width: 0pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="border-bottom: #ffffff 1px solid; width: 0pt; padding: 0pt;">​</td>
</tr>
<tr style="text-align: right; text-transform: none; background-color: #cceeff; font: 10pt/10pt 'times new roman', times, serif; white-space: nowrap; color: #000000; vertical-align: bottom;">
<td style="text-align: left; padding-bottom: 3.25pt; padding-left: 0pt; width: 208.59pt; padding-right: 0pt; padding-top: 3.25pt;">
<div style="white-space: nowrap;">Total Written Premiums</div>
</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="border-bottom: #000000 3px double; min-width: 3.75pt; text-align: right; padding-bottom: 2.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.25pt;">$</td>
<td style="border-bottom: #000000 3px double; min-width: 24.75pt; text-align: right; padding-bottom: 2.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3.25pt;">395,816</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="border-bottom: #000000 3px double; min-width: 3.75pt; text-align: right; padding-bottom: 2.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.25pt;">$</td>
<td style="border-bottom: #000000 3px double; min-width: 24.75pt; text-align: right; padding-bottom: 2.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3.25pt;">101,162</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="border-bottom: #000000 3px double; min-width: 3.75pt; text-align: right; padding-bottom: 2.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.25pt;">$</td>
<td style="border-bottom: #000000 3px double; min-width: 24.75pt; text-align: right; padding-bottom: 2.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3.25pt;">176,378</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="border-bottom: #000000 3px double; min-width: 3.75pt; text-align: right; padding-bottom: 2.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.25pt;">$</td>
<td style="border-bottom: #000000 3px double; min-width: 24.75pt; text-align: right; padding-bottom: 2.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3.25pt;">471,032</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="padding-bottom: 0pt; padding-left: 6.935pt; width: 0pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="min-width: 0pt; text-align: right; padding-bottom: 1.75pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.25pt;">​</td>
<td style="min-width: 17.25pt; text-align: right; padding-bottom: 1.75pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3.25pt;">37.4<font style="position: absolute;">%</font></td>
<td style="padding-bottom: 0pt; padding-left: 6.935pt; width: 0pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
</tr>
<tr style="text-align: right; text-transform: none; font: bold 10pt/10pt 'times new roman', times, serif; white-space: nowrap; color: #000000; vertical-align: bottom;">
<td style="text-align: left; padding-bottom: 1.5pt; padding-left: 0pt; width: 208.59pt; padding-right: 0pt; padding-top: 8.75pt;">Year Ended December 31, 2014</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="min-width: 3.75pt; text-align: right; padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="min-width: 24.75pt; text-align: right; padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="min-width: 3.75pt; text-align: right; padding-bottom: 0.5pt; padding-left: 0pt; padding-right:
0pt; padding-top: 0pt;">​</td>
<td style="min-width: 24.75pt; text-align: right; padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="min-width: 3.75pt; text-align: right; padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="min-width: 24.75pt; text-align: right; padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="min-width: 3.75pt; text-align: right; padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="min-width: 24.75pt; text-align: right; padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td colspan="6">​</td>
</tr>
<tr style="text-align: right; text-transform: none; background-color: #cceeff; font: 10pt/10pt 'times new roman', times, serif; white-space: nowrap; color: #000000; vertical-align: bottom;">
<td style="text-align: left; padding-bottom: 1.5pt; padding-left: 0pt; width: 208.59pt; padding-right: 0pt; padding-top: 3.5pt;">
<div style="white-space: nowrap;">Excess and Surplus Lines Written Premiums</div>
</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="min-width: 3.75pt; text-align: right; padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.5pt;">$</td>
<td style="min-width: 24.75pt; text-align: right; padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3.5pt;">252,707</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="min-width: 3.75pt; text-align: right; padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.5pt;">$</td>
<td style="min-width: 24.75pt; text-align: right; padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3.5pt;">44,583</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="min-width: 3.75pt; text-align: right; padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.5pt;">$</td>
<td style="min-width: 24.75pt; text-align: right; padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3.5pt;">—</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="min-width: 3.75pt; text-align: right; padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.5pt;">$</td>
<td style="min-width: 24.75pt; text-align: right; padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3.5pt;">208,124</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="padding-bottom: 0pt; padding-left: 6.935pt; width: 0pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="min-width: 0pt; text-align: right; padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.5pt;">​</td>
<td style="min-width: 17.25pt; text-align: right; padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3.5pt;">—</td>
<td style="padding-bottom: 0pt; padding-left: 6.935pt; width: 0pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
</tr>
<tr style="text-align: right; text-transform: none; font: 10pt/10pt 'times new roman', times, serif; white-space: nowrap; color: #000000; vertical-align: bottom;">
<td style="text-align: left; padding-bottom: 1.5pt; padding-left: 0pt; width: 208.59pt; padding-right: 0pt; padding-top: 3.5pt;">
<div style="white-space: nowrap;">Specialty Admitted Written Premiums</div>
</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="min-width: 3.75pt; text-align: right; padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.5pt;">​</td>
<td style="min-width: 24.75pt; text-align: right; padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3.5pt;">57,454</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="min-width: 3.75pt; text-align: right; padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.5pt;">​</td>
<td style="min-width: 24.75pt; text-align: right; padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3.5pt;">23,152</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="min-width: 3.75pt; text-align: right; padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.5pt;">​</td>
<td style="min-width: 24.75pt; text-align: right; padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3.5pt;">1,926</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="min-width: 3.75pt; text-align: right; padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.5pt;">​</td>
<td style="min-width: 24.75pt; text-align: right; padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3.5pt;">36,228</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding:
0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="padding-bottom: 0pt; padding-left: 6.935pt; width: 0pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="min-width: 0pt; text-align: right; padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.5pt;">​</td>
<td style="min-width: 17.25pt; text-align: right; padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3.5pt;">5.3<font style="position: absolute;">%</font></td>
<td style="padding-bottom: 0pt; padding-left: 6.935pt; width: 0pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
</tr>
<tr style="text-align: right; text-transform: none; background-color: #cceeff; font: 10pt/10pt 'times new roman', times, serif; white-space: nowrap; color: #000000; vertical-align: bottom;">
<td style="border-bottom: #cceeff 1px solid; text-align: left; padding-bottom: 2.5pt; padding-left: 0pt; width: 208.59pt; padding-right: 0pt; padding-top: 3.5pt;">
<div style="white-space: nowrap;">Casualty Reinsurance Written Premiums</div>
</td>
<td style="border-bottom: #cceeff 1px solid; width: 6pt; padding: 0pt;">​</td>
<td style="border-bottom: #cceeff 1px solid; width: 6pt; padding: 0pt;">​</td>
<td style="border-bottom: #cceeff 1px solid; width: 0pt; padding: 0pt;">​</td>
<td style="border-bottom: #000000 1px solid; min-width: 3.75pt; text-align: right; padding-bottom: 2.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.5pt;">​</td>
<td style="border-bottom: #000000 1px solid; min-width: 24.75pt; text-align: right; padding-bottom: 2.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3.5pt;">—</td>
<td style="border-bottom: #cceeff 1px solid; width: 0pt; padding: 0pt;">​</td>
<td style="border-bottom: #cceeff 1px solid; width: 6pt; padding: 0pt;">​</td>
<td style="border-bottom: #cceeff 1px solid; width: 6pt; padding: 0pt;">​</td>
<td style="border-bottom: #cceeff 1px solid; width: 0pt; padding: 0pt;">​</td>
<td style="border-bottom: #000000 1px solid; min-width: 3.75pt; text-align: right; padding-bottom: 2.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.5pt;">​</td>
<td style="border-bottom: #000000 1px solid; min-width: 24.75pt; text-align: right; padding-bottom: 2.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3.5pt;">949</td>
<td style="border-bottom: #cceeff 1px solid; width: 0pt; padding: 0pt;">​</td>
<td style="border-bottom: #cceeff 1px solid; width: 6pt; padding: 0pt;">​</td>
<td style="border-bottom: #cceeff 1px solid; width: 6pt; padding: 0pt;">​</td>
<td style="border-bottom: #cceeff 1px solid; width: 0pt; padding: 0pt;">​</td>
<td style="border-bottom: #000000 1px solid; min-width: 3.75pt; text-align: right; padding-bottom: 2.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.5pt;">​</td>
<td style="border-bottom: #000000 1px solid; min-width: 24.75pt; text-align: right; padding-bottom: 2.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3.5pt;">206,680</td>
<td style="border-bottom: #cceeff 1px solid; width: 0pt; padding: 0pt;">​</td>
<td style="border-bottom: #cceeff 1px solid; width: 6pt; padding: 0pt;">​</td>
<td style="border-bottom: #cceeff 1px solid; width: 6pt; padding: 0pt;">​</td>
<td style="border-bottom: #cceeff 1px solid; width: 0pt; padding: 0pt;">​</td>
<td style="border-bottom: #000000 1px solid; min-width: 3.75pt; text-align: right; padding-bottom: 2.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.5pt;">​</td>
<td style="border-bottom: #000000 1px solid; min-width: 24.75pt; text-align: right; padding-bottom: 2.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3.5pt;">205,731</td>
<td style="border-bottom: #cceeff 1px solid; width: 0pt; padding: 0pt;">​</td>
<td style="border-bottom: #cceeff 1px solid; width: 6pt; padding: 0pt;">​</td>
<td style="border-bottom: #cceeff 1px solid; width: 6pt; padding: 0pt;">​</td>
<td style="border-bottom: #cceeff 1px solid; padding-bottom: 0pt; padding-left: 6.935pt; width: 0pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="border-bottom: #cceeff 1px solid; min-width: 0pt; text-align: right; padding-bottom: 2.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.5pt;">​</td>
<td style="border-bottom: #cceeff 1px solid; min-width: 17.25pt; text-align: right; padding-bottom: 2.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3.5pt;">100.5<font style="position: absolute;">%</font></td>
<td style="border-bottom: #cceeff 1px solid; padding-bottom: 0pt; padding-left: 6.935pt; width: 0pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="border-bottom: #cceeff 1px solid; width: 0pt; padding: 0pt;">​</td>
</tr>
<tr style="text-align: right; text-transform: none; font: 10pt/10pt 'times new roman', times, serif; white-space: nowrap; color: #000000; vertical-align: bottom;">
<td style="text-align: left; padding-bottom: 3.25pt; padding-left: 0pt; width: 208.59pt; padding-right: 0pt; padding-top: 3.25pt;">
<div style="white-space: nowrap;">Total Written Premiums</div>
</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="border-bottom: #000000 3px double; min-width: 3.75pt; text-align: right; padding-bottom: 2.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.25pt;">$</td>
<td style="border-bottom: #000000 3px double; min-width: 24.75pt; text-align: right; padding-bottom: 2.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3.25pt;">310,161</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="border-bottom: #000000 3px double; min-width: 3.75pt; text-align: right; padding-bottom: 2.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.25pt;">$</td>
<td style="border-bottom: #000000 3px double; min-width: 24.75pt; text-align: right; padding-bottom: 2.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3.25pt;">68,684</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="border-bottom: #000000 3px double; min-width: 3.75pt; text-align: right; padding-bottom: 2.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.25pt;">$</td>
<td style="border-bottom: #000000 3px double; min-width: 24.75pt; text-align: right; padding-bottom: 2.5pt; padding-left: 0pt;
padding-right: 0pt; white-space: nowrap; padding-top: 3.25pt;">208,606</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="border-bottom: #000000 3px double; min-width: 3.75pt; text-align: right; padding-bottom: 2.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.25pt;">$</td>
<td style="border-bottom: #000000 3px double; min-width: 24.75pt; text-align: right; padding-bottom: 2.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3.25pt;">450,083</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="padding-bottom: 0pt; padding-left: 6.935pt; width: 0pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="min-width: 0pt; text-align: right; padding-bottom: 1.75pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.25pt;">​</td>
<td style="min-width: 17.25pt; text-align: right; padding-bottom: 1.75pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3.25pt;">46.3<font style="position: absolute;">%</font></td>
<td style="padding-bottom: 0pt; padding-left: 6.935pt; width: 0pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
</tr>
<tr style="text-align: right; text-transform: none; background-color: #cceeff; font: bold 10pt/10pt 'times new roman', times, serif; white-space: nowrap; color: #000000; vertical-align: bottom;">
<td style="text-align: left; padding-bottom: 1.5pt; padding-left: 0pt; width: 208.59pt; padding-right: 0pt; padding-top: 8.75pt;">Year Ended December 31, 2013</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="min-width: 3.75pt; text-align: right; padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="min-width: 24.75pt; text-align: right; padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="min-width: 3.75pt; text-align: right; padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="min-width: 24.75pt; text-align: right; padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="min-width: 3.75pt; text-align: right; padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="min-width: 24.75pt; text-align: right; padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="min-width: 3.75pt; text-align: right; padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="min-width: 24.75pt; text-align: right; padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="padding-bottom: 0pt; padding-left: 6.935pt; width: 0pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="min-width: 0pt; text-align: right; padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="min-width: 17.25pt; text-align: right; padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 0pt;">​</td>
<td style="padding-bottom: 0pt; padding-left: 6.935pt; width: 0pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
</tr>
<tr style="text-align: right; text-transform: none; font: 10pt/10pt 'times new roman', times, serif; white-space: nowrap; color: #000000; vertical-align: bottom;">
<td style="text-align: left; padding-bottom: 1.5pt; padding-left: 0pt; width: 208.59pt; padding-right: 0pt; padding-top: 3.5pt;">
<div style="white-space: nowrap;">Excess and Surplus Lines Written Premiums</div>
</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="min-width: 3.75pt; text-align: right; padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.5pt;">$</td>
<td style="min-width: 24.75pt; text-align: right; padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3.5pt;">192,394</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="min-width: 3.75pt; text-align: right; padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.5pt;">$</td>
<td style="min-width: 24.75pt; text-align: right; padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3.5pt;">37,330</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="min-width: 3.75pt; text-align: right; padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.5pt;">$</td>
<td style="min-width: 24.75pt; text-align: right; padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3.5pt;">—</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="min-width: 3.75pt; text-align: right; padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.5pt;">$</td>
<td style="min-width: 24.75pt; text-align: right; padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3.5pt;">155,064</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td
style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="padding-bottom: 0pt; padding-left: 6.935pt; width: 0pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="min-width: 0pt; text-align: right; padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.5pt;">​</td>
<td style="min-width: 17.25pt; text-align: right; padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3.5pt;">—</td>
<td style="padding-bottom: 0pt; padding-left: 6.935pt; width: 0pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
</tr>
<tr style="text-align: right; text-transform: none; background-color: #cceeff; font: 10pt/10pt 'times new roman', times, serif; white-space: nowrap; color: #000000; vertical-align: bottom;">
<td style="text-align: left; padding-bottom: 1.5pt; padding-left: 0pt; width: 208.59pt; padding-right: 0pt; padding-top: 3.5pt;">
<div style="white-space: nowrap;">Specialty Admitted Written Premiums</div>
</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="min-width: 3.75pt; text-align: right; padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.5pt;">​</td>
<td style="min-width: 24.75pt; text-align: right; padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3.5pt;">19,213</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="min-width: 3.75pt; text-align: right; padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.5pt;">​</td>
<td style="min-width: 24.75pt; text-align: right; padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3.5pt;">2,425</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="min-width: 3.75pt; text-align: right; padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.5pt;">​</td>
<td style="min-width: 24.75pt; text-align: right; padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3.5pt;">1,381</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="min-width: 3.75pt; text-align: right; padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.5pt;">​</td>
<td style="min-width: 24.75pt; text-align: right; padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3.5pt;">18,169</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="padding-bottom: 0pt; padding-left: 6.935pt; width: 0pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="min-width: 0pt; text-align: right; padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.5pt;">​</td>
<td style="min-width: 17.25pt; text-align: right; padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3.5pt;">7.6<font style="position: absolute;">%</font></td>
<td style="padding-bottom: 0pt; padding-left: 6.935pt; width: 0pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
</tr>
<tr style="text-align: right; text-transform: none; font: 10pt/10pt 'times new roman', times, serif; white-space: nowrap; color: #000000; vertical-align: bottom;">
<td style="border-bottom: #ffffff 1px solid; text-align: left; padding-bottom: 2.5pt; padding-left: 0pt; width: 208.59pt; padding-right: 0pt; padding-top: 3.5pt;">
<div style="white-space: nowrap;">Casualty Reinsurance Written Premiums</div>
</td>
<td style="border-bottom: #ffffff 1px solid; width: 6pt; padding: 0pt;">​</td>
<td style="border-bottom: #ffffff 1px solid; width: 6pt; padding: 0pt;">​</td>
<td style="border-bottom: #ffffff 1px solid; width: 0pt; padding: 0pt;">​</td>
<td style="border-bottom: #000000 1px solid; min-width: 3.75pt; text-align: right; padding-bottom: 2.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.5pt;">​</td>
<td style="border-bottom: #000000 1px solid; min-width: 24.75pt; text-align: right; padding-bottom: 2.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3.5pt;">—</td>
<td style="border-bottom: #ffffff 1px solid; width: 0pt; padding: 0pt;">​</td>
<td style="border-bottom: #ffffff 1px solid; width: 6pt; padding: 0pt;">​</td>
<td style="border-bottom: #ffffff 1px solid; width: 6pt; padding: 0pt;">​</td>
<td style="border-bottom: #ffffff 1px solid; width: 0pt; padding: 0pt;">​</td>
<td style="border-bottom: #000000 1px solid; min-width: 3.75pt; text-align: right; padding-bottom: 2.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.5pt;">​</td>
<td style="border-bottom: #000000 1px solid; min-width: 24.75pt; text-align: right; padding-bottom: 2.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3.5pt;">3,597</td>
<td style="border-bottom: #ffffff 1px solid; width: 0pt; padding: 0pt;">​</td>
<td style="border-bottom: #ffffff 1px solid; width: 6pt; padding: 0pt;">​</td>
<td style="border-bottom: #ffffff 1px solid; width: 6pt; padding: 0pt;">​</td>
<td style="border-bottom: #ffffff 1px solid; width: 0pt; padding: 0pt;">​</td>
<td style="border-bottom: #000000 1px solid; min-width: 3.75pt; text-align: right; padding-bottom: 2.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.5pt;">​</td>
<td style="border-bottom: #000000 1px solid; min-width: 24.75pt; text-align: right; padding-bottom: 2.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3.5pt;">155,530</td>
<td style="border-bottom: #ffffff 1px solid; width: 0pt; padding: 0pt;">​</td>
<td style="border-bottom: #ffffff 1px solid; width: 6pt; padding: 0pt;">​</td>
<td style="border-bottom: #ffffff 1px solid; width: 6pt; padding: 0pt;">​</td>
<td style="border-bottom: #ffffff 1px solid; width: 0pt; padding: 0pt;">​</td>
<td style="border-bottom: #000000 1px solid; min-width: 3.75pt; text-align: right; padding-bottom: 2.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.5pt;">​</td>
<td style="border-bottom: #000000 1px solid; min-width: 24.75pt; text-align: right;
padding-bottom: 2.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3.5pt;">151,933</td>
<td style="border-bottom: #ffffff 1px solid; width: 0pt; padding: 0pt;">​</td>
<td style="border-bottom: #ffffff 1px solid; width: 6pt; padding: 0pt;">​</td>
<td style="border-bottom: #ffffff 1px solid; width: 6pt; padding: 0pt;">​</td>
<td style="border-bottom: #ffffff 1px solid; padding-bottom: 0pt; padding-left: 6.935pt; width: 0pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="border-bottom: #ffffff 1px solid; min-width: 0pt; text-align: right; padding-bottom: 2.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.5pt;">​</td>
<td style="border-bottom: #ffffff 1px solid; min-width: 17.25pt; text-align: right; padding-bottom: 2.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3.5pt;">102.4<font style="position: absolute;">%</font></td>
<td style="border-bottom: #ffffff 1px solid; padding-bottom: 0pt; padding-left: 6.935pt; width: 0pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="border-bottom: #ffffff 1px solid; width: 0pt; padding: 0pt;">​</td>
</tr>
<tr style="text-align: right; text-transform: none; background-color: #cceeff; font: 10pt/10pt 'times new roman', times, serif; white-space: nowrap; color: #000000; vertical-align: bottom;">
<td style="text-align: left; padding-bottom: 2.75pt; widows: 1; text-transform: none; text-indent: 0px; padding-left: 0pt; width: 208.59pt; padding-right: 0pt; font: 13px/13px 'times new roman', times, serif; white-space: nowrap; letter-spacing: normal; color: #000000; word-spacing: 0px; padding-top: 3.25pt; -webkit-text-stroke-width: 0px;">
<div style="white-space: nowrap;">Total Written Premiums</div>
</td>
<td style="text-align: right; widows: 1; text-transform: none; text-indent: 0px; width: 6pt; font: 13px/13px 'times new roman', times, serif; white-space: nowrap; letter-spacing: normal; color: #000000; word-spacing: 0px; -webkit-text-stroke-width: 0px; padding: 0pt;">​</td>
<td style="text-align: right; widows: 1; text-transform: none; text-indent: 0px; width: 6pt; font: 13px/13px 'times new roman', times, serif; white-space: nowrap; letter-spacing: normal; color: #000000; word-spacing: 0px; -webkit-text-stroke-width: 0px; padding: 0pt;">​</td>
<td style="text-align: right; widows: 1; text-transform: none; text-indent: 0px; width: 0pt; font: 13px/13px 'times new roman', times, serif; white-space: nowrap; letter-spacing: normal; color: #000000; word-spacing: 0px; -webkit-text-stroke-width: 0px; padding: 0pt;">​</td>
<td style="border-bottom: #000000 3px double; min-width: 3.75pt; text-align: right; padding-bottom: 2pt; widows: 1; text-transform: none; text-indent: 0px; padding-left: 0pt; padding-right: 0pt; font: 13px/13px 'times new roman', times, serif; white-space: nowrap; letter-spacing: normal; color: #000000; word-spacing: 0px; padding-top: 3.25pt; -webkit-text-stroke-width: 0px;">$</td>
<td style="border-bottom: #000000 3px double; min-width: 24.75pt; text-align: right; padding-bottom: 2pt; widows: 1; text-transform: none; text-indent: 0px; padding-left: 0pt; padding-right: 0pt; font: 13px/13px 'times new roman', times, serif; white-space: nowrap; letter-spacing: normal; color: #000000; word-spacing: 0px; padding-top: 3.25pt; -webkit-text-stroke-width: 0px;">211,607</td>
<td style="text-align: right; widows: 1; text-transform: none; text-indent: 0px; width: 0pt; font: 13px/13px 'times new roman', times, serif; white-space: nowrap; letter-spacing: normal; color: #000000; word-spacing: 0px; -webkit-text-stroke-width: 0px; padding: 0pt;">​</td>
<td style="text-align: right; widows: 1; text-transform: none; text-indent: 0px; width: 6pt; font: 13px/13px 'times new roman', times, serif; white-space: nowrap; letter-spacing: normal; color: #000000; word-spacing: 0px; -webkit-text-stroke-width: 0px; padding: 0pt;">​</td>
<td style="text-align: right; widows: 1; text-transform: none; text-indent: 0px; width: 6pt; font: 13px/13px 'times new roman', times, serif; white-space: nowrap; letter-spacing: normal; color: #000000; word-spacing: 0px; -webkit-text-stroke-width: 0px; padding: 0pt;">​</td>
<td style="text-align: right; widows: 1; text-transform: none; text-indent: 0px; width: 0pt; font: 13px/13px 'times new roman', times, serif; white-space: nowrap; letter-spacing: normal; color: #000000; word-spacing: 0px; -webkit-text-stroke-width: 0px; padding: 0pt;">​</td>
<td style="border-bottom: #000000 3px double; min-width: 3.75pt; text-align: right; padding-bottom: 2pt; widows: 1; text-transform: none; text-indent: 0px; padding-left: 0pt; padding-right: 0pt; font: 13px/13px 'times new roman', times, serif; white-space: nowrap; letter-spacing: normal; color: #000000; word-spacing: 0px; padding-top: 3.25pt; -webkit-text-stroke-width: 0px;">$</td>
<td style="border-bottom: #000000 3px double; min-width: 24.75pt; text-align: right; padding-bottom: 2pt; widows: 1; text-transform: none; text-indent: 0px; padding-left: 0pt; padding-right: 0pt; font: 13px/13px 'times new roman', times, serif; white-space: nowrap; letter-spacing: normal; color: #000000; word-spacing: 0px; padding-top: 3.25pt; -webkit-text-stroke-width: 0px;">43,352</td>
<td style="text-align: right; widows: 1; text-transform: none; text-indent: 0px; width: 0pt; font: 13px/13px 'times new roman', times, serif; white-space: nowrap; letter-spacing: normal; color: #000000; word-spacing: 0px; -webkit-text-stroke-width: 0px; padding: 0pt;">​</td>
<td style="text-align: right; widows: 1; text-transform: none; text-indent: 0px; width: 6pt; font: 13px/13px 'times new roman', times, serif; white-space: nowrap; letter-spacing: normal; color: #000000; word-spacing: 0px; -webkit-text-stroke-width: 0px; padding: 0pt;">​</td>
<td style="text-align: right; widows: 1; text-transform: none; text-indent: 0px; width: 6pt; font: 13px/13px 'times new roman', times, serif; white-space: nowrap; letter-spacing: normal; color: #000000; word-spacing: 0px; -webkit-text-stroke-width: 0px; padding: 0pt;">​</td>
<td style="text-align: right; widows: 1; text-transform: none; text-indent: 0px; width: 0pt; font: 13px/13px 'times new roman', times, serif; white-space: nowrap; letter-spacing: normal; color: #000000; word-spacing: 0px; -webkit-text-stroke-width: 0px; padding: 0pt;">​</td>
<td style="border-bottom: #000000 3px double; min-width: 3.75pt; text-align: right; padding-bottom: 2pt; widows: 1; text-transform: none; text-indent: 0px; padding-left: 0pt; padding-right: 0pt; font: 13px/13px 'times new roman', times, serif; white-space: nowrap; letter-spacing: normal; color: #000000; word-spacing: 0px; padding-top: 3.25pt; -webkit-text-stroke-width: 0px;">$</td>
<td style="border-bottom: #000000 3px double; min-width: 24.75pt; text-align: right; padding-bottom: 2pt; widows: 1; text-transform: none; text-indent: 0px;
padding-left: 0pt; padding-right: 0pt; font: 13px/13px 'times new roman', times, serif; white-space: nowrap; letter-spacing: normal; color: #000000; word-spacing: 0px; padding-top: 3.25pt; -webkit-text-stroke-width: 0px;">156,911</td>
<td style="text-align: right; widows: 1; text-transform: none; text-indent: 0px; width: 0pt; font: 13px/13px 'times new roman', times, serif; white-space: nowrap; letter-spacing: normal; color: #000000; word-spacing: 0px; -webkit-text-stroke-width: 0px; padding: 0pt;">​</td>
<td style="text-align: right; widows: 1; text-transform: none; text-indent: 0px; width: 6pt; font: 13px/13px 'times new roman', times, serif; white-space: nowrap; letter-spacing: normal; color: #000000; word-spacing: 0px; -webkit-text-stroke-width: 0px; padding: 0pt;">​</td>
<td style="text-align: right; widows: 1; text-transform: none; text-indent: 0px; width: 6pt; font: 13px/13px 'times new roman', times, serif; white-space: nowrap; letter-spacing: normal; color: #000000; word-spacing: 0px; -webkit-text-stroke-width: 0px; padding: 0pt;">​</td>
<td style="text-align: right; widows: 1; text-transform: none; text-indent: 0px; width: 0pt; font: 13px/13px 'times new roman', times, serif; white-space: nowrap; letter-spacing: normal; color: #000000; word-spacing: 0px; -webkit-text-stroke-width: 0px; padding: 0pt;">​</td>
<td style="border-bottom: #000000 3px double; min-width: 3.75pt; text-align: right; padding-bottom: 2pt; widows: 1; text-transform: none; text-indent: 0px; padding-left: 0pt; padding-right: 0pt; font: 13px/13px 'times new roman', times, serif; white-space: nowrap; letter-spacing: normal; color: #000000; word-spacing: 0px; padding-top: 3.25pt; -webkit-text-stroke-width: 0px;">$</td>
<td style="border-bottom: #000000 3px double; min-width: 24.75pt; text-align: right; padding-bottom: 2pt; widows: 1; text-transform: none; text-indent: 0px; padding-left: 0pt; padding-right: 0pt; font: 13px/13px 'times new roman', times, serif; white-space: nowrap; letter-spacing: normal; color: #000000; word-spacing: 0px; padding-top: 3.25pt; -webkit-text-stroke-width: 0px;">325,166</td>
<td style="text-align: right; widows: 1; text-transform: none; text-indent: 0px; width: 0pt; font: 13px/13px 'times new roman', times, serif; white-space: nowrap; letter-spacing: normal; color: #000000; word-spacing: 0px; -webkit-text-stroke-width: 0px; padding: 0pt;">​</td>
<td style="text-align: right; widows: 1; text-transform: none; text-indent: 0px; width: 6pt; font: 13px/13px 'times new roman', times, serif; white-space: nowrap; letter-spacing: normal; color: #000000; word-spacing: 0px; -webkit-text-stroke-width: 0px; padding: 0pt;">​</td>
<td style="text-align: right; widows: 1; text-transform: none; text-indent: 0px; width: 6pt; font: 13px/13px 'times new roman', times, serif; white-space: nowrap; letter-spacing: normal; color: #000000; word-spacing: 0px; -webkit-text-stroke-width: 0px; padding: 0pt;">​</td>
<td style="text-align: right; padding-bottom: 0pt; widows: 1; text-transform: none; text-indent: 0px; padding-left: 6.935pt; width: 0pt; padding-right: 0pt; font: 13px/13px 'times new roman', times, serif; white-space: nowrap; letter-spacing: normal; color: #000000; word-spacing: 0px; padding-top: 0pt; -webkit-text-stroke-width: 0px;">​</td>
<td style="min-width: 0pt; text-align: right; padding-bottom: 1.75pt; widows: 1; text-transform: none; text-indent: 0px; padding-left: 0pt; padding-right: 0pt; font: 13px/13px 'times new roman', times, serif; white-space: nowrap; letter-spacing: normal; color: #000000; word-spacing: 0px; padding-top: 3.25pt; -webkit-text-stroke-width: 0px;">​</td>
<td style="min-width: 17.25pt; text-align: right; padding-bottom: 1.75pt; widows: 1; text-transform: none; text-indent: 0px; padding-left: 0pt; padding-right: 0pt; font: 13px/13px 'times new roman', times, serif; white-space: nowrap; letter-spacing: normal; color: #000000; word-spacing: 0px; padding-top: 3.25pt; -webkit-text-stroke-width: 0px;">48.3<font style="position: absolute;">%</font></td>
</tr>
</table>
<div style="text-align: center; widows: 1; text-transform: none; margin-top: 6pt; text-indent: 0px; font: bold 13px/12pt 'times new roman', times, serif; white-space: normal; letter-spacing: normal; color: #000000; word-spacing: 0px; -webkit-text-stroke-width: 0px;">Supplementary Information Concerning Property Casualty Insurance Operations</div>
<table align="center" style="widows: 1; text-transform: none; margin-top: 8pt; text-indent: 0px; width: 100%; border-collapse: collapse; font: 13px 'times new roman', times, serif; white-space: normal; letter-spacing: normal; height: 215px; color: #000000; word-spacing: 0px; -webkit-text-stroke-width: 0px;" border="0">
<tr style="text-align: left; text-transform: none; font: bold 8pt/8pt 'times new roman', times, serif; white-space: nowrap; color: #000000; vertical-align: bottom;">
<td style="border-bottom: #ffffff 1px solid; padding-bottom: 0.5pt; padding-left: 0pt; width: 306.88pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="border-bottom: #ffffff 1px solid; width: 6pt; padding: 0pt;">​</td>
<td style="border-bottom: #ffffff 1px solid; width: 6pt; padding: 0pt;">​</td>
<td style="border-bottom: #000000 1px solid; text-align: center; padding-bottom: 2.5pt; padding-left: 0pt; width: 0pt; padding-right: 0pt; padding-top: 0pt;" colspan="16">
<div style="text-align: center; white-space: nowrap;">Year Ended December 31,</div>
</td>
<td style="border-bottom: #ffffff 1px solid; width: 0pt; padding: 0pt;">​</td>
</tr>
<tr style="text-align: center; text-transform: none; font: bold 8pt/8pt 'times new roman', times, serif; white-space: nowrap; color: #000000; vertical-align: bottom;">
<td style="border-bottom: #ffffff 1px solid; text-align: left; padding-bottom: 0.5pt; padding-left: 0pt; width: 306.88pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="border-bottom: #ffffff 1px solid; width: 6pt; padding: 0pt;">​</td>
<td style="border-bottom: #ffffff 1px solid; width: 6pt; padding: 0pt;">​</td>
<td style="border-bottom: #000000 1px solid; padding-bottom: 2.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.25pt;" colspan="4">
<div style="text-align: center; white-space: nowrap;">2015</div>
</td>
<td style="border-bottom: #ffffff 1px solid; width: 6pt; padding: 0pt;">​</td>
<td style="border-bottom: #ffffff 1px solid; width: 6pt; padding: 0pt;">​</td>
<td style="border-bottom: #000000 1px solid; padding-bottom: 2.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.25pt;" colspan="4">
<div style="text-align: center; white-space: nowrap;">2014</div>
</td>
<td style="border-bottom: #ffffff 1px solid; width: 6pt; padding: 0pt;">​</td>
<td style="border-bottom: #ffffff 1px solid; width: 6pt; padding: 0pt;">​</td>
<td style="border-bottom: #000000 1px solid; padding-bottom: 2.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.25pt;" colspan="4">
<div style="text-align: center; white-space: nowrap;">2013</div>
</td>
<td style="border-bottom: #ffffff 1px solid; width: 0pt; padding: 0pt;">​</td>
</tr>
<tr style="text-align: left; text-transform: none; font: bold italic 8pt/8pt 'times new roman', times, serif; white-space: nowrap; color: #000000; vertical-align: bottom;">
<td style="padding-bottom: 0.5pt; padding-left: 0pt; width: 306.88pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="text-align: center; padding-bottom: 1.5pt; padding-left: 0pt; width: 0pt; padding-right: 0pt; padding-top: 3.25pt;" colspan="16">
<div style="text-align: center; white-space: nowrap;">(in thousands)</div>
</td>
<td style="width: 0pt; padding: 0pt;">​</td>
</tr>
<tr style="text-align: right; text-transform: none; background-color: #cceeff; font: 10pt/10pt 'times new roman', times, serif; white-space: nowrap; color: #000000; vertical-align: bottom;">
<td style="text-align: left; padding-bottom: 1.5pt; padding-left: 0pt; width: 306.88pt; padding-right: 0pt; padding-top: 3.5pt;">
<div style="white-space: nowrap;">Deferred policy acquisition costs</div>
</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="min-width: 3.75pt; text-align: right; padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.5pt;">$</td>
<td style="min-width: 24.75pt; text-align: right; padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3.5pt;">60,754</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="min-width: 3.75pt; text-align: right; padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.5pt;">$</td>
<td style="min-width: 24.75pt; text-align: right; padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3.5pt;">60,202</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="min-width: 3.75pt; text-align: right; padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.5pt;">$</td>
<td style="min-width: 24.75pt; text-align: right; padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3.5pt;">46,204</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
</tr>
<tr style="text-align: right; text-transform: none; font: 10pt/10pt 'times new roman', times, serif; white-space: nowrap; color: #000000; vertical-align: bottom;">
<td style="text-align: left; padding-bottom: 1.5pt; padding-left: 0pt; width: 306.88pt; padding-right: 0pt; padding-top: 3.5pt;">
<div style="white-space: nowrap;">Reserve for losses and loss adjustment expenses</div>
</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="min-width: 3.75pt; text-align: right; padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.5pt;">​</td>
<td style="min-width: 24.75pt; text-align: right; padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3.5pt;">785,322</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="min-width: 3.75pt; text-align: right; padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.5pt;">​</td>
<td style="min-width: 24.75pt;
text-align: right; padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3.5pt;">716,296</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="min-width: 3.75pt; text-align: right; padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.5pt;">​</td>
<td style="min-width: 24.75pt; text-align: right; padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3.5pt;">646,452</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
</tr>
<tr style="text-align: right; text-transform: none; background-color: #cceeff; font: 10pt/10pt 'times new roman', times, serif; white-space: nowrap; color: #000000; vertical-align: bottom;">
<td style="text-align: left; padding-bottom: 1.5pt; padding-left: 0pt; width: 306.88pt; padding-right: 0pt; padding-top: 3.5pt;">
<div style="white-space: nowrap;">Unearned premiums</div>
</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="min-width: 3.75pt; text-align: right; padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.5pt;">​</td>
<td style="min-width: 24.75pt; text-align: right; padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3.5pt;">301,104</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="min-width: 3.75pt; text-align: right; padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.5pt;">​</td>
<td style="min-width: 24.75pt; text-align: right; padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3.5pt;">277,579</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="min-width: 3.75pt; text-align: right; padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.5pt;">​</td>
<td style="min-width: 24.75pt; text-align: right; padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3.5pt;">218,532</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
</tr>
<tr style="text-align: right; text-transform: none; font: 10pt/10pt 'times new roman', times, serif; white-space: nowrap; color: #000000; vertical-align: bottom;">
<td style="text-align: left; padding-bottom: 1.5pt; padding-left: 0pt; width: 306.88pt; padding-right: 0pt; padding-top: 3.5pt;">
<div style="white-space: nowrap;">Net earned premiums</div>
</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="min-width: 3.75pt; text-align: right; padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.5pt;">​</td>
<td style="min-width: 24.75pt; text-align: right; padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3.5pt;">461,205</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="min-width: 3.75pt; text-align: right; padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.5pt;">​</td>
<td style="min-width: 24.75pt; text-align: right; padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3.5pt;">396,212</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="min-width: 3.75pt; text-align: right; padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.5pt;">​</td>
<td style="min-width: 24.75pt; text-align: right; padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3.5pt;">328,078</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
</tr>
<tr style="text-align: right; text-transform: none; background-color: #cceeff; font: 10pt/10pt 'times new roman', times, serif; white-space: nowrap; color: #000000; vertical-align: bottom;">
<td style="text-align: left; padding-bottom: 1.5pt; padding-left: 0pt; width: 306.88pt; padding-right: 0pt; padding-top: 3.5pt;">
<div style="white-space: nowrap;">Net investment income</div>
</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="min-width: 3.75pt; text-align: right; padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.5pt;">​</td>
<td style="min-width: 24.75pt; text-align: right; padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3.5pt;">44,835</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="min-width: 3.75pt; text-align: right; padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.5pt;">​</td>
<td style="min-width: 24.75pt; text-align: right; padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3.5pt;">43,005</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="min-width: 3.75pt; text-align: right; padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.5pt;">​</td>
<td style="min-width: 24.75pt; text-align: right; padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3.5pt;">45,373</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
</tr>
<tr style="text-align: right; text-transform: none; font: 10pt/10pt 'times new roman', times, serif; white-space: nowrap; color: #000000; vertical-align: bottom;">
<td style="text-align: left; padding-bottom: 1.5pt; padding-left: 0pt; width: 306.88pt; padding-right: 0pt; padding-top:
3.5pt;">Losses and loss adjustment expenses incurred:</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="min-width: 3.75pt; text-align: right; padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="min-width: 24.75pt; text-align: right; padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="min-width: 3.75pt; text-align: right; padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="min-width: 24.75pt; text-align: right; padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="min-width: 3.75pt; text-align: right; padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 0pt;">​</td>
<td style="min-width: 24.75pt; text-align: right; padding-bottom: 0.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
</tr>
<tr style="text-align: right; text-transform: none; background-color: #cceeff; font: 10pt/10pt 'times new roman', times, serif; white-space: nowrap; color: #000000; vertical-align: bottom;">
<td style="text-align: left; padding-bottom: 1.5pt; padding-left: 0pt; width: 306.88pt; padding-right: 0pt; padding-top: 3.5pt;">
<div style="margin-left: 10pt;">Current year</div>
</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="min-width: 3.75pt; text-align: right; padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.5pt;">​</td>
<td style="min-width: 24.75pt; text-align: right; padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3.5pt;">295,334</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="min-width: 3.75pt; text-align: right; padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.5pt;">​</td>
<td style="min-width: 24.75pt; text-align: right; padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3.5pt;">264,786</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="min-width: 3.75pt; text-align: right; padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.5pt;">​</td>
<td style="min-width: 24.75pt; text-align: right; padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3.5pt;">221,938</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
</tr>
<tr style="text-align: right; text-transform: none; font: 10pt/10pt 'times new roman', times, serif; white-space: nowrap; color: #000000; vertical-align: bottom;">
<td style="text-align: left; padding-bottom: 1.5pt; padding-left: 0pt; width: 306.88pt; padding-right: 0pt; padding-top: 3.5pt;">
<div style="margin-left: 10pt;">Prior year</div>
</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="min-width: 3.75pt; text-align: right; padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.5pt;">​</td>
<td style="min-width: 24.75pt; text-align: right; padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3.5pt;">(16,318<font style="position: absolute;">)</font></td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="min-width: 3.75pt; text-align: right; padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.5pt;">​</td>
<td style="min-width: 24.75pt; text-align: right; padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3.5pt;">(27,418<font style="position: absolute;">)</font></td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="min-width: 3.75pt; text-align: right; padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.5pt;">​</td>
<td style="min-width: 24.75pt; text-align: right; padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3.5pt;">(37,452<font style="position: absolute;">)</font></td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
</tr>
<tr style="text-align: right; text-transform: none; background-color: #cceeff; font: 10pt/10pt 'times new roman', times, serif; white-space: nowrap; color: #000000; vertical-align: bottom;">
<td style="text-align: left; padding-bottom: 1.5pt; padding-left: 0pt; width: 306.88pt; padding-right: 0pt; padding-top: 3.5pt;">
<div style="white-space: nowrap;">Total losses and loss adjustment expenses incurred</div>
</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="min-width: 3.75pt; text-align: right; padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.5pt;">​</td>
<td style="min-width: 24.75pt; text-align: right; padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3.5pt;">279,016</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="min-width: 3.75pt; text-align: right; padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.5pt;">​</td>
<td style="min-width: 24.75pt; text-align: right;
padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3.5pt;">237,368</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="min-width: 3.75pt; text-align: right; padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.5pt;">​</td>
<td style="min-width: 24.75pt; text-align: right; padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3.5pt;">184,486</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
</tr>
<tr style="text-align: right; text-transform: none; font: 10pt/10pt 'times new roman', times, serif; white-space: nowrap; color: #000000; vertical-align: bottom;">
<td style="text-align: left; padding-bottom: 1.5pt; padding-left: 0pt; width: 306.88pt; padding-right: 0pt; padding-top: 3.5pt;">
<div style="white-space: nowrap;">Amortization of policy acquisition costs</div>
</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="min-width: 3.75pt; text-align: right; padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.5pt;">​</td>
<td style="min-width: 24.75pt; text-align: right; padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3.5pt;">97,750</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="min-width: 3.75pt; text-align: right; padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.5pt;">​</td>
<td style="min-width: 24.75pt; text-align: right; padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3.5pt;">85,183</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="min-width: 3.75pt; text-align: right; padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.5pt;">​</td>
<td style="min-width: 24.75pt; text-align: right; padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3.5pt;">71,648</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
</tr>
<tr style="text-align: right; text-transform: none; background-color: #cceeff; font: 10pt/10pt 'times new roman', times, serif; white-space: nowrap; color: #000000; vertical-align: bottom;">
<td style="text-align: left; padding-bottom: 1.5pt; padding-left: 0pt; width: 306.88pt; padding-right: 0pt; padding-top: 3.5pt;">
<div style="white-space: nowrap;">Paid losses and loss adjustment expenses, net of reinsurance</div>
</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="min-width: 3.75pt; text-align: right; padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.5pt;">​</td>
<td style="min-width: 24.75pt; text-align: right; padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3.5pt;">214,524</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="min-width: 3.75pt; text-align: right; padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.5pt;">​</td>
<td style="min-width: 24.75pt; text-align: right; padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3.5pt;">175,311</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="min-width: 3.75pt; text-align: right; padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.5pt;">​</td>
<td style="min-width: 24.75pt; text-align: right; padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3.5pt;">191,410</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
</tr>
<tr style="text-align: right; text-transform: none; font: 10pt/10pt 'times new roman', times, serif; white-space: nowrap; color: #000000; vertical-align: bottom;">
<td style="text-align: left; padding-bottom: 1.5pt; padding-left: 0pt; width: 306.88pt; padding-right: 0pt; padding-top: 3.5pt;">
<div style="white-space: nowrap;">Net written premiums</div>
</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="min-width: 3.75pt; text-align: right; padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.5pt;">​</td>
<td style="min-width: 24.75pt; text-align: right; padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3.5pt;">471,032</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="min-width: 3.75pt; text-align: right; padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.5pt;">​</td>
<td style="min-width: 24.75pt; text-align: right; padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3.5pt;">450,083</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 6pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="min-width: 3.75pt; text-align: right; padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; padding-top: 3.5pt;">​</td>
<td style="min-width: 24.75pt; text-align: right; padding-bottom: 1.5pt; padding-left: 0pt; padding-right: 0pt; white-space: nowrap; padding-top: 3.5pt;">325,166</td>
<td style="width: 0pt; padding: 0pt;">​</td>
<td style="width: 0pt; padding: 0pt;">​</td>
</tr>
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The Company owns investments in bridge loans for renewable energy projects. The notes, all with affiliates of the Company's largest shareholder, generally mature in less than one year and carry primarily variable rates of interest ranging from 7.3% to 15.0%. Original discounts and commitment fees received are recognized over the terms of the notes under the effective interest method. During the year ended December 31, 2015, the Company invested a total of $36.3 million in these notes and received maturities and repayments totaling $30.8 million.
The Company owns investments in bridge loans for renewable energy projects. The notes, all with affiliates of the Company's largest shareholder, generally mature in less than one year and carry primarily variable rates of interest ranging from 7.3% to 15.0%. Original discounts and commitment fees received are recognized over the terms of the notes under the effective interest method. During the year ended December 31, 2015, the Company invested a total of $36.3 million in these notes and received maturities and repayments totaling $30.8 million.
The Company owns investments in limited partnerships that invest in concentrated portfolios of high yield bonds of companies undergoing financial stress, publicly-traded small cap equities, loans of middle market private equity sponsored companies, and equity tranches of collateralized loan obligations (CLOs). Income from the partnerships is recognized under the equity method of accounting. The Company's Corporate and Other segment held investments in limited partnerships of $2.2 million and $4.0 million at December 31, 2015 and 2014, and recognized investment losses of $510,000 and $128,000 for the years ended December 31, 2015 and 2014, respectively, and investment income of $131,000 for the year ended December 31, 2013. The Chairman and Chief Executive Officer of the Company is an investor in one limited partnership held by the Corporate & Other segment. The Company's Excess and Surplus Lines segment holds investments in limited partnerships of $15.3 million at December 31, 2015. Investment losses of $958,000 were recognized on the investments for the year ended December 31, 2015. At December 31, 2015, the Company's Excess and Surplus Lines segment has an outstanding commitment to invest another $3.6 million in a limited partnership that invests in loans of middle market private equity sponsored companies.
Net investment income for the years ended December 31, 2014 and 2013 includes $57,000 and $143,000, respectively, related to a previously held equity investment in a bank holding company ("Predecessor Bank Holding Company"). On July 4, 2014, the Predecessor Bank Holding Company merged with and into another bank holding company (the "Surviving Bank Holding Company"). In exchange for its shares of the Predecessor Bank Holding Company, the Company received $354,000 in cash and $6.4 million of common shares in the Surviving Bank Holding Company, and the realized investment gain on the exchange was $1.4 million. The common shares of the Surviving Bank Holding Company are carried as available for-sale equity securities as they are publicly-traded and the Company does not have significant influence over the Surviving Bank Holding Company.
The Company also holds $4.5 million of subordinated notes issued by a company that was substantially owned by the Predecessor Bank Holding Company (the "Bank Affiliate"). The $4.5 million of subordinated notes issued by the Bank Affiliate became debt of the Surviving Bank Holding Company. Interest on the notes, which mature on August 12, 2023, is fixed at 7.6% per annum. Interest income on the notes was $343,000 in both years ended December 31, 2015 and 2014.
The Chairman and Chief Executive Officer of the Company previously served as Chairman of the Predecessor Bank Holding Company and the Bank Affiliate. Effective July 4, 2014, the Company's Chairman and Chief Executive Officer became the Lead Independent Director of the Surviving Bank Holding Company. The Chairman and Chief Executive Officer of the Company is a former investor in the Predecessor Bank Holding Company and is now an investor in the Surviving Bank Holding Company. Additionally, one of the Company's directors is a former investor in the Bank Holding Company and is now an investor in the Surviving Bank Holding Company. In addition, this director was a lender to the Bank Affiliate and is now a lender to the Surviving Bank Holding Company. The Company's Chief Financial Officer is a former investor in the Predecessor Bank Holding Company and the Surviving Bank Holding Company.
For the years ended December 31, 2014 and 2013, income of $184,000 and $415,000, respectively, was recognized on a $3.3 million note agreement with two property development companies. The note, which carried a fixed interest rate of 11.10%, was repaid in full on July 3, 2014. The Bank Holding Company also entered into note agreements with the same property development companies.
The Company's Corporate and Other segment owns equity interests ranging from 2.7% to 33.3% in various LLCs whose principal objective is capital appreciation and income generation from owning and operating renewable energy production facilities (wind and solar). The LLCs are managed by an affiliate of the Company's largest shareholder and the Company's Chairman and Chief Executive Officer has invested in certain of these LLCs. The equity method is used to account for the Company's LLC investments. Income for the LLCs primarily reflects adjustments to the carrying values of investments in renewable energy projects to their determined fair values. The fair value adjustments are included in revenues for the LLCs. Expenses for the LLCs are not significant and are comprised of administrative and interest expenses. The Company received cash distributions from these investments totaling $3.1 million and $3.9 million for the years ended December 31, 2015 and 2014, respectively. In March 2014, the Company sold its interest in one of the LLCs for $5.9 million and a $1.9 million realized loss was recognized on the sale. Prior to the sale, investment income of $3.6 million was recognized on this investment in the three months ended March 31, 2014.
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