Intangible Assets Acquired

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- Definition

Total Intangible Assets

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- Definition

The aggregate expense charged against earnings to allocate the cost of intangible assets (nonphysical assets not used in production) in a systematic and rational manner to the periods expected to benefit from such assets.

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- Definition

Accumulated amount of amortization of assets, excluding financial assets and goodwill, lacking physical substance with a finite life.

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- Definition

Amount before amortization of assets, excluding financial assets and goodwill, lacking physical substance with a finite life.

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- Definition

Amount after amortization of assets, excluding financial assets and goodwill, lacking physical substance with a finite life.

+ References

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- Definition

A roll forward is a reconciliation of a concept from the beginning of a period to the end of a period.

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- Definition

Amount of increase in assets, excluding financial assets, lacking physical substance with a definite life, from an acquisition.

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- Definition

Amount of assets, excluding financial assets and goodwill, lacking physical substance and having a projected indefinite period of benefit.

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A roll forward is a reconciliation of a concept from the beginning of a period to the end of a period.

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Amount of increase in assets, excluding financial assets and goodwill, lacking physical substance with an indefinite life, from an acquisition.

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Amount before accumulated amortization of intangible assets, excluding goodwill.

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- Definition

Sum of the carrying amounts of all intangible assets, excluding goodwill, as of the balance sheet date, net of accumulated amortization and impairment charges.

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Goodwill and Intangible Assets - Schedule of Intangible Assets and Goodwill (Details) - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2026	Mar. 31, 2025	Dec. 31, 2025	Dec. 31, 2024
Finite-Lived
Accumulated amortization			$ (20,320)	$ (19,012)
Amortization	$ (2,132)	$ (259)
Total
Gross, beginning balance			42,626	40,626
Accumulated amortization			(20,320)	(19,012)
Additions	262,000
Amortization	(2,132)	(259)
Gross intangible assets, ending balance	282,174	21,355
Syndicate Capacity
Indefinite-Lived
Beginning balance	0
Additions	200,000
Ending balance	200,000
Licenses
Indefinite-Lived
Beginning balance	14,019	14,019
Additions	0
Ending balance	14,019	14,019
Agent Relationships
Finite-Lived
Gross, beginning balance	26,491	24,491
Accumulated amortization			(19,203)	(17,895)
Additions	27,000
Amortization	(1,257)	(259)
Net, ending balance	33,031	6,337
Total
Accumulated amortization			(19,203)	(17,895)
Amortization	(1,257)	(259)
Non-competes
Finite-Lived
Gross, beginning balance	1,117	1,117
Accumulated amortization			(1,117)	(1,117)
Additions	0
Amortization	0	0
Net, ending balance	0	0
Total
Accumulated amortization			(1,117)	(1,117)
Amortization	0	0
Trademarks
Finite-Lived
Gross, beginning balance	999	999
Accumulated amortization			0	0
Additions	35,000
Amortization	(875)	0
Net, ending balance	35,124	999
Total
Accumulated amortization			$ 0	$ 0
Amortization	$ (875)	$ 0