
(In millions)	For the Three Months Ended March 31,
	2026		2025
Net assumed written premiums	$	28.0	$	25.6
Net premiums earned	23.2		23.5
Provision for claims	15.8		16.1
Amortization of capitalized acquisition costs	0.6		0.6

The trust assets and related reinsurance liabilities are as follows:


(In millions)		As of
	Balance Sheet Location	March 31, 2026		December 31, 2025
Trust assets	Restricted cash and cash equivalents	$	1.7	$	0.7
Trust assets	Restricted securities available for sale	109.4		106.2
Unearned premium	Accounts payable and accrued liabilities	78.8		74.0
Claims reserve (1)	Accounts payable and accrued liabilities	5.4		5.9

(1) The claims reserve represents our liability for incurred-but-not-reported claims and is estimated based on historical claims experience.