v3.25.2
SCHEDULE II — CONDENSED FINANCIAL INFORMATION OF REGISTRANT - Condensed Statement of Operations (Details) - USD ($)
$ in Thousands
 12 Months Ended
Dec. 31, 2024
Dec. 31, 2023
Dec. 31, 2022
Revenues:      
Net investment income $ 80,686 $ 40,322 $ 36,931
Net investment gains (losses) 6,256 11,072 (15,705)
Other (loss) income (167) (632) 1
Total revenues 1,150,200 885,969 642,420
Expenses:      
Interest expense 9,496 10,024 6,407
Amortization expense 2,007 1,798 1,547
Other expenses 4,392 5,364 0
Total expenses 997,461 775,867 592,637
Income tax expense (benefit) 33,911 24,118 10,387
Net loss before equity in earnings of subsidiaries 118,828 84,307 20,517
Net income attributable to participating securities 0 1,677 18,879
Net income 118,828 85,984 39,396
Parent Company      
Revenues:      
Net investment income 3,212 3,822 2,567
Net investment gains (losses) 963 (963) (6)
Other (loss) income (2) (27) 0
Total revenues 4,173 2,832 2,561
Expenses:      
Operating expenses 10,632 0 0
Interest expense 8,140 9,815 6,407
Amortization expense 920 313 81
Other expenses 9,646 451 0
Total expenses 29,338 10,579 6,488
Loss before income tax expense (25,165) (7,747) (3,927)
Income tax expense (benefit) 33,578 6,808 (1,209)
Net loss before equity in earnings of subsidiaries (58,743) (14,555) (2,718)
Net income attributable to participating securities 177,571 100,539 42,114
Net income $ 118,828 $ 85,984 $ 39,396