v3.25.2
Reinsurance (Tables)
 6 Months Ended
Jun. 30, 2025
SEC Schedule, 12-17, Insurance Companies, Reinsurance [Abstract]  
Schedule of Premiums Assumed and the Change in Unearned Premiums
The following table presents Hagerty Re's total premiums assumed and ceded on a written and earned basis for the three and six months ended June 30, 2025 and 2024:

Three months ended
June 30,		Six months ended
June 30,
2025202420252024
in thousands
Premiums written:
Assumed$247,812 $217,907 $423,323 $375,021 
Ceded(11,209)(10,143)(31,069)(32,969)
Net$236,603 $207,764 $392,254 $342,052 
Premiums earned:
Assumed$189,976 $168,100 $370,909 $329,787 
Ceded(12,191)(10,488)(23,769)(20,556)
Net$177,785 $157,612 $347,140 $309,231 
Schedule of Effects of Reinsurance on Losses and Loss Adjustment Expenses
The following table presents gross, ceded, and net losses and loss adjustment expenses incurred for the three and six months ended June 30, 2025 and 2024:

Three months ended
June 30,		Six months ended
June 30,
2025202420252024
in thousands
Gross losses and loss adjustment expenses$78,059 $66,394 $161,385 $134,136 
Ceded losses and loss adjustment expenses(2,846)(1,665)(15,042)(7,051)
Net losses and loss adjustment expenses$75,213 $64,729 $146,343 $127,085