2025

2024

Balance at the beginning of the year

$

32,443

$

34,647

Losses and loss adjustment expenses incurred

29

(68

)

Losses and loss adjustment expenses paid

(867

)

(1,066

)

Foreign currency effect

128

(19

)

Balance at June 30

$

31,733

$

33,494

Losses and loss adjustment expenses incurred

$

29

$

(68

)

Deferred charge adjustments

323

431

Losses and loss adjustment expenses incurred, including deferred charge adjustments

$

352

$

363