v3.26.1
Reinsurance (Tables)
6 Months Ended
Jun. 30, 2026
SEC Schedule, 12-17, Insurance Companies, Reinsurance [Abstract]  
Schedule of Earned Premium
The following table presents the Company's total premiums on a written and earned basis for the three and six months ended June 30, 2026 and 2025:

Three months ended
June 30,
Six months ended
June 30,
2026202520262025
Premiums written:in thousands
Assumed$361,318 $247,812 $711,553 $423,323 
Ceded(28,166)(11,209)(61,055)(31,069)
Net$333,152 $236,603 $650,498 $392,254 
Premiums earned:
Assumed$270,676 $189,976 $524,747 $370,909 
Ceded(18,720)(12,191)(33,149)(23,769)
Net$251,956 $177,785 $491,598 $347,140 
Schedule of Effects of Reinsurance on Losses and Loss Adjustment Expenses
The following table presents the Company's total losses and loss adjustment expenses for the three and six months ended June 30, 2026 and 2025:

Three months ended
June 30,
Six months ended
June 30,
2026202520262025
Losses and loss adjustment expenses:in thousands
Assumed$116,797 $78,059 $218,449 $161,385 
Ceded(6,088)(2,846)(9,821)(15,042)
Net$110,709 $75,213 $208,628 $146,343