v3.25.2
SCHEDULE II — CONDENSED FINANCIAL INFORMATION OF REGISTRANT - Condensed Balance Sheet (Details) - USD ($)
$ in Thousands
Dec. 31, 2024
Dec. 31, 2023
Dec. 31, 2022
Investments:      
Short-term investments, at fair value $ 274,929 $ 270,226  
Total investments 1,870,820 1,613,687  
Cash and cash equivalents 121,603 65,891  
Deferred income taxes 30,486 21,991  
Goodwill and intangible assets, net 87,348 88,435  
Other assets 86,698 75,341  
Total assets 3,729,478 2,953,435  
Liabilities:      
Accounts payable and accrued liabilities 76,206 50,880  
Notes payable 100,000 50,000  
Subordinated debt, net of debt issuance costs 19,536 78,690  
Total liabilities 2,935,479 2,292,404  
Stockholders’ Equity:      
Stockholders’ equity 793,999 661,031 $ 421,662
Total liabilities and stockholders’ equity 3,729,478 2,953,435  
Parent Company      
Investments:      
Investment in subsidiaries 853,670 743,025  
Short-term investments, at fair value 14,000 10,593  
Total investments 867,670 753,618  
Cash and cash equivalents 2,943 3,024  
Deferred income taxes 30,486 5,899  
Goodwill and intangible assets, net 12,641 12,641  
Other assets 2,905 15,908  
Total assets 916,645 791,090  
Liabilities:      
Accounts payable and accrued liabilities 3,110 1,369  
Notes payable 100,000 50,000  
Subordinated debt, net of debt issuance costs 19,536 78,690  
Total liabilities 122,646 130,059  
Stockholders’ Equity:      
Stockholders’ equity 793,999 661,031  
Total liabilities and stockholders’ equity $ 916,645 $ 791,090