Reinsurance - Reinsurance Recoverable and Ceded Premiums (Details) - USD ($) $ in Thousands |
Dec. 31, 2024 |
Dec. 31, 2023 |
Dec. 31, 2022 |
Dec. 31, 2021 |
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Insurance [Abstract] | ||||
Ceded unpaid losses and LAE | $ 670,846 | $ 455,484 | $ 435,986 | $ 381,338 |
Ceded paid losses and LAE | 166,663 | 122,287 | ||
Loss portfolio transfer | 22,662 | 20,858 | ||
Allowance for credit losses | (2,295) | (2,295) | 0 | |
Reinsurance recoverables | 857,876 | 596,334 | $ 581,359 | |
Ceded unearned premium | $ 203,901 | $ 186,121 |
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- Definition Reinsurance Recoverable For Loss Portfolio Transfer No definition available.
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- References No definition available.
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- Definition The unexpired portion of premiums ceded on policies in force as of the balance sheet date. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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- Definition Amount, after valuation allowance, recoverable under reinsurance contracts for losses reported to the ceding insurer but not yet paid and amounts expected for incurred losses and settlement expenses, which have not yet been reported to the ceding insurer. Reference 1: http://www.xbrl.org/2003/role/exampleRef
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- Definition Amount of allowance for credit loss on reinsurance recoverable. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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- Definition Amount, after valuation allowance, recoverable under reinsurance contracts. Examples include, but are not limited to, settled and unsettled claims, incurred but not reported losses, loss adjustment expense, policy benefits and policy reserves. Excludes premiums paid under reinsurance contracts. Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
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- Definition Amount before valuation allowance of reinsurance recoverables on paid losses. Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
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