SCHEDULE VI — SUPPLEMENTAL INFORMATION CONCERNING PROPERTY-CASUALTY INSURANCE OPERATIONS (Details) - USD ($) $ in Thousands |
12 Months Ended | ||
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Dec. 31, 2024 |
Dec. 31, 2023 |
Dec. 31, 2022 |
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SEC Schedule, 12-18, Supplemental Information, Property-Casualty Insurance Underwriters [Abstract] | |||
Deferred policy acquisition costs | $ 113,183 | $ 91,955 | $ 68,938 |
Reserve for losses and loss adjustment expenses | 1,782,383 | 1,314,501 | 1,141,757 |
Unearned premiums | 637,185 | 552,532 | 442,509 |
Net earned premium | 1,056,722 | 829,143 | 615,994 |
Net investment income | 80,686 | 40,322 | 36,931 |
Losses and loss adjustment expenses (current year) | 657,783 | 516,664 | 393,939 |
Losses and loss adjustment expenses (prior years) | 25,728 | 0 | 14,385 |
Amortization of policy acquisition costs | 149,975 | 108,514 | 65,695 |
Paid claims and claim adjustment expenses | 430,991 | 363,418 | 300,764 |
Net premiums written | 1,123,578 | 910,691 | 675,543 |
Ceded unearned premium | 203,901 | 186,121 | 157,645 |
Deferred ceding commission | $ 40,434 | $ 37,057 | $ 29,849 |
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- Definition SEC Schedule, 12-18, Supplemental Information, Property-Casualty Insurance Underwriters, Ceded Unearned Premium No definition available.
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- Definition SEC Schedule, 12-18, Supplemental Information, Property-Casualty Insurance Underwriters, Deferred Ceding Commission No definition available.
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- References No definition available.
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- Definition Amount, after effect of reinsurance, of expense for claim incurred in current reporting period and related claim settlement cost for property-casualty insurance underwriter. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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- Definition Amount, after effect of reinsurance, of expense (reversal of expense) for claim incurred in prior reporting period and related claim settlement cost for property-casualty insurance underwriter. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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- Definition Amount of amortization expense on deferred policy acquisition cost for property-casualty insurance underwriter. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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- Definition Amount of deferred policy acquisition cost related to property-casualty insurance policy written. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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- Definition Amount of premium revenue earned by property-casualty insurance underwriter. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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- Definition Amount of net investment income earned by property-casualty insurance underwriter. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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- Definition Amount of loss reported and paid for claim and claim adjustment expense by property-casualty insurance underwriter. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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- Definition Amount of premium written by property-casualty insurance underwriter. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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- Definition Amount of reserve, policy claim payable and loss expense incurred by property-casualty insurance underwriter. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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- Definition Amount of premium written but not yet earned by property-casualty insurance underwriter. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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