v3.25.2
Historical Loss And LAE Development (Tables)
6 Months Ended
Jun. 30, 2025
Historical Loss And L A E Development Disclosure [Abstract]  
Schedule of Reconciliation of Unpaid Losses and Settlement Expenses (LAE)

For the Six Months

Ended June 30,

(in thousands)

 

2025

 

2024

Unpaid losses and LAE at beginning of year

Gross

$

2,693,470

$

2,446,025

Ceded

(755,425)

(757,349)

Net

$

1,938,045

$

1,688,676

Increase (decrease) in incurred losses and LAE

Current accident year

$

420,433

$

376,546

Prior accident years

(58,617)

(64,923)

Total incurred

$

361,816

$

311,623

Loss and LAE payments for claims incurred

Current accident year

$

(35,903)

$

(40,078)

Prior accident years

(218,788)

(197,887)

Total paid

$

(254,691)

$

(237,965)

Net unpaid losses and LAE at June 30,

$

2,045,170

$

1,762,334

Unpaid losses and LAE at June 30,

Gross

$

2,806,889

$

2,544,622

Ceded

(761,719)

(782,288)

Net

$

2,045,170

$

1,762,334