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SCHEDULE VI — SUPPLEMENTAL INFORMATION CONCERNING PROPERTY-CASUALTY INSURANCE OPERATIONS
 12 Months Ended
Dec. 31, 2024
SEC Schedule, 12-18, Supplemental Information, Property-Casualty Insurance Underwriters [Abstract]  
SCHEDULE VI — SUPPLEMENTAL INFORMATION CONCERNING PROPERTY-CASUALTY INSURANCE OPERATIONS
SCHEDULE VI — SUPPLEMENTAL INFORMATION CONCERNING PROPERTY-CASUALTY
INSURANCE OPERATIONS
As of and Years Ended December 31,
($ in thousands)202420232022
Deferred policy acquisition costs$113,183 $91,955 $68,938 
Reserve for losses and loss adjustment expenses1,782,383 1,314,501 1,141,757 
Unearned premiums637,185 552,532 442,509 
Net earned premium(1)
1,056,722 829,143 615,994 
Net investment income80,686 40,322 36,931 
Losses and loss adjustment expenses (current year)(1)
657,783 516,664 393,939 
Losses and loss adjustment expenses (prior years)(1)(2)
25,728 — 14,385 
Amortization of policy acquisition costs(1)
149,975 108,514 65,695 
Paid claims and claim adjustment expenses(1)
430,991 363,418 300,764 
Net premiums written(1)
1,123,578 910,691 675,543 
Ceded unearned premium203,901 186,121 157,645 
Deferred ceding commission40,434 37,057 29,849 
(1) Amount is presented net of reinsurance
(2) Amount does not include gain on retroactive reinsurance which is included in losses and loss adjustment expenses presented on the Consolidated Statements of Operations