v3.26.1
Income taxes - Deferred Tax Assets and Liabilities (Details) - USD ($)
$ in Thousands
Dec. 31, 2025
Dec. 31, 2024
Assets    
Tax benefit of loss carryforward $ 45,098 $ 20,275
Tax benefit of expenditure pools 0 13,415
Deferred acquisition costs 6,198 6,009
Unrealized losses on remeasurement of investments 17,628 10,478
Other assets tax value in excess of book value 3,768 10,284
Total deferred tax assets 72,692 60,461
Valuation allowance (65,397) (44,604)
Total deferred tax assets, net of valuation allowance 7,295 15,857
Liabilities    
Insurance reserves (2,686) (12,172)
Other (4,609) (1,389)
Total deferred tax liabilities (7,295) (13,561)
Net deferred tax assets $ 0 $ 2,296