Reserves for Unpaid Losses and Loss Adjustment Expenses (Tables)

6 Months Ended

Jun. 30, 2026

Insurance [Abstract]

Schedule of Unpaid Losses and Loss Adjustment Expenses

The following table presents a reconciliation of the beginning and ending reserves for unpaid losses and loss adjustment expenses, net of amounts recoverable from various reinsurers:


						Six months ended June 30,
						2026						2025

						in thousands
Gross reserves for unpaid losses and loss adjustment expenses, beginning						$	168,851					$	168,492
Less: Reinsurance recoverable on unpaid losses and loss adjustment expenses						5,644						5,769
Net reserves for unpaid losses and loss adjustment expenses, beginning						163,207						162,723
Incurred losses and loss adjustment expenses:
Current accident year						214,762						146,343
Prior accident years						(6,134)						—
Total incurred losses and loss adjustment expenses						208,628						146,343
Payments:
Current accident year						84,679						21,250
Prior accident years						57,152						47,244
Total payments						141,831						68,494
Effect of foreign currency rate changes						(641)						233
Net reserves for unpaid losses and loss adjustment expenses, ending						229,363						240,805
Reinsurance recoverable on unpaid losses and loss adjustment expenses						12,342						18,138
Gross reserves for unpaid losses and loss adjustment expenses, ending						$	241,705					$	258,943