v3.26.1
Related Party Disclosures (Tables)
6 Months Ended
Jun. 30, 2026
Related Party Transactions [Abstract]  
Hagarty Related Party
The Company holds a minority ownership interest in Hagerty, which operates as a managing general agent focused on the global automobile enthusiast market and also includes Hagerty Re, a Bermuda Class 3 reinsurance company. The Company writes U.S. classic car business on behalf of Hagerty. Effective January 1, 2026, the Company's business with Hagerty transitioned to a fronting arrangement, whereby the Company receives a fronting fee in exchange for writing business on behalf of Hagerty and fully ceding the business, primarily to Hagerty Re. Prior to transitioning to a fronting arrangement, the majority of the Company's business with Hagerty was ceded to Hagerty Re, while a portion was retained by the Company. The amounts attributable to these arrangements are summarized in the following table.

Quarter Ended June 30, Six Months Ended June 30,
(dollars in thousands)2026202520262025
Gross written premiums attributable to Hagerty$344,836 $304,106 $598,137 $524,033 
Premiums ceded to Hagerty Re
$330,186 $234,459 $572,241 $404,144