v3.26.1
Vantage Acquisition - Preliminary Fair Value of Net Assets Acquired and Liabilities Assumed (Details) - USD ($)
$ in Thousands
Jun. 30, 2026
Jun. 04, 2026
Dec. 31, 2025
Fair value of liabilities assumed:      
Goodwill $ 282,218   $ 2,336
Vantage Group Holdings Ltd.      
Fair value of assets acquired:      
Buildings and equipment   $ 118  
Investments in fixed maturity securities   2,608,294  
Short-term investments   32,845  
Cash and cash equivalents   376,321  
Restricted cash   84,450  
Accounts receivable, net   788,692  
Reinsurance recoverable on paid and unpaid losses   599,056  
Intangibles, net   571,000  
Other assets, net   626,363  
Total estimated fair value of assets acquired   5,687,139  
Fair value of liabilities assumed:      
Reserves for claims and claim expenses   2,090,210  
Unearned premiums   1,384,357  
Deferred tax liabilities, net   18,437  
Other liabilities, net   366,271  
Total estimated fair value of liabilities assumed   3,859,275  
Noncontrolling interests   7,753  
Fair value of net assets acquired   1,820,111  
Goodwill   279,881  
Total consideration   2,099,992  
Goodwill, expected tax deductible, amount   $ 68,500