v3.26.1
Segment Information - Summary of Segment Information Reconciled to Consolidated Statements of Income (Detail) - USD ($)
$ in Thousands
 3 Months Ended 6 Months Ended
Jun. 30, 2026
Jun. 30, 2025
Jun. 30, 2026
Jun. 30, 2025
Revenue:        
Gross premiums earned $ 320,824 [1] $ 302,628 [2] $ 647,030 [3] $ 603,011 [4]
Premiums ceded (101,812) (102,522) (205,867) (202,157)
Net premiums earned 219,012 200,106 441,163 400,854
Net income from investment portfolio 20,855 17,780 36,992 30,792
Policy fee income 1,651 1,467 3,227 3,696
Other 5,135 2,567 8,153 3,011
Total revenue 246,653 221,920 489,535 438,353
Expenses:        
Losses and loss adjustment expenses 71,076 64,457 136,676 123,748
Amortization of deferred policy acquisition costs 30,444 28,442 60,333 54,753
Other policy acquisition expenses 1,902 2,109 3,783 3,085
Stock-based compensation expense 3,339 2,695 6,698 5,667
Interest expense 1,084 3,744 2,007 7,128
Depreciation and amortization 1,306 1,671 2,755 3,317
Personnel and other operating expenses 26,529 24,410 50,926 45,924
Total expenses 135,680 127,528 263,178 243,622
Income before income taxes 110,973 [5] 94,392 [6] 226,357 [7] 194,731 [8]
Gross premiums written 382,345 356,545 663,037 645,791
Insurance Operation [Member]        
Revenue:        
Gross premiums earned   1,280 3,376 2,479
Reciprocal Exchange Operation [Member]        
Revenue:        
Gross premiums earned 1,974      
Operating Segments [Member] | Insurance Operation [Member]        
Revenue:        
Gross premiums earned 287,180 [1] 282,269 [2] 578,331 [3] 564,404 [4]
Premiums ceded (92,104) (95,017) (188,624) (188,444)
Net premiums earned 195,076 187,252 389,707 375,960
Net income from investment portfolio 15,792 14,583 27,727 25,442
Policy fee income 1,487 302 2,952 2,531
Other 4,344 3,602 8,183 6,348
Total revenue 216,699 205,739 428,569 410,281
Expenses:        
Losses and loss adjustment expenses 84,697 82,365 158,259 153,180
Amortization of deferred policy acquisition costs 27,780 27,027 55,619 52,271
Other policy acquisition expenses 15,557 15,268 34,481 33,601
Stock-based compensation expense 666 325 1,346 798
Interest expense 0 0 0 0
Depreciation and amortization 283 611 704 1,222
Personnel and other operating expenses 12,091 12,071 22,896 23,315
Total expenses 141,074 137,667 273,305 264,387
Income before income taxes 75,625 [5] 68,072 [6] 155,264 [7] 145,894 [8]
Total revenue from non-affiliates 211,919 [9] 201,670 [10] 419,339 [11] 402,720 [12]
Gross premiums written 338,686 337,502 592,050 597,031
Operating Segments [Member] | Exzeo Group Inc        
Revenue:        
Gross premiums earned 0 [1] 0 [2] 0 [3] 0 [4]
Premiums ceded 0 0 0 0
Net premiums earned 0 0 0 0
Net income from investment portfolio 2,963 763 5,475 1,161
Policy fee income 0 0 0 0
Other 57,787 56,091 113,320 108,498
Total revenue 60,750 56,854 118,795 109,659
Expenses:        
Losses and loss adjustment expenses 0 0 0 0
Amortization of deferred policy acquisition costs 0 0 0 0
Other policy acquisition expenses 10,039 10,074 22,212 22,741
Stock-based compensation expense 760 706 1,499 1,429
Interest expense 0 0 0 0
Depreciation and amortization 736 731 1,466 1,439
Personnel and other operating expenses 17,789 16,454 34,605 30,966
Total expenses 29,324 27,965 59,782 56,575
Income before income taxes 31,426 [5] 28,889 [6] 59,013 [7] 53,084 [8]
Total revenue from non-affiliates 6,533 [9] 2,513 [10] 11,257 [11] 2,911 [12]
Gross premiums written 0 0 0 0
Operating Segments [Member] | Reciprocal Exchange Operation [Member]        
Revenue:        
Gross premiums earned 35,618 [1] 21,639 [2] 72,075 [3] 41,086 [4]
Premiums ceded (11,682) (8,785) (20,619) (16,192)
Net premiums earned 23,936 12,854 51,456 24,894
Net income from investment portfolio 1,534 974 2,801 1,754
Policy fee income 0 0 0 0
Other (110) (4) (378) (5)
Total revenue 25,360 13,832 53,879 26,643
Expenses:        
Losses and loss adjustment expenses 9,308 4,842 18,236 7,614
Amortization of deferred policy acquisition costs 2,664 1,415 4,714 2,482
Other policy acquisition expenses 4,517 2,836 9,161 5,357
Stock-based compensation expense 0 0 0 0
Interest expense 1,122 1,124 2,232 2,232
Depreciation and amortization 0 0 0 0
Personnel and other operating expenses 232 808 544 1,063
Total expenses 17,843 11,025 34,887 18,748
Income before income taxes 7,517 [5] 2,807 [6] 18,992 [7] 7,895 [8]
Total revenue from non-affiliates 27,334 [9] 15,112 [10] 57,255 [11] 29,122 [12]
Gross premiums written 43,659 19,043 70,987 48,760
Operating Segments [Member] | Real Estate Operations [Member]        
Revenue:        
Gross premiums earned 0 [1],[13] 0 [2],[14] 0 [3],[15] 0 [4],[16],[17]
Premiums ceded 0 [13] 0 [14] 0 [15] 0 [16],[17]
Net premiums earned 0 [13] 0 [14] 0 [15] 0 [16],[17]
Net income from investment portfolio 0 [13] 0 [14] 0 [15] 0 [16],[17]
Policy fee income 0 [13] 0 [14] 0 [15] 0 [16],[17]
Other 4,567 [13] 3,493 [14] 8,763 [15] 6,333 [16],[17]
Total revenue 4,567 [13] 3,493 [14] 8,763 [15] 6,333 [16],[17]
Expenses:        
Losses and loss adjustment expenses 0 [13] 0 [14] 0 [15] 0 [16],[17]
Amortization of deferred policy acquisition costs 0 [13] 0 [14] 0 [15] 0 [16],[17]
Other policy acquisition expenses 0 [13] 0 [14] 0 [15] 0 [16],[17]
Stock-based compensation expense 0 [13] 0 [14] 0 [15] 0 [16],[17]
Interest expense 453 [13] 215 [14] 909 [15] 431 [16],[17]
Depreciation and amortization 848 [13] 640 [14] 1,705 [15] 1,150 [16],[17]
Personnel and other operating expenses 3,177 [13] 2,064 [14] 5,692 [15] 3,797 [16],[17]
Total expenses 4,478 [13] 2,919 [14] 8,306 [15] 5,378 [16],[17]
Income before income taxes 89 [5],[13] 574 [6],[14] 457 [7],[15] 955 [8],[16],[17]
Total revenue from non-affiliates 3,703 [9],[13] 2,629 [10],[14] 7,034 [11],[15] 4,604 [12],[16],[17]
Operating Segments [Member] | Corporate and Other [Member]        
Revenue:        
Gross premiums earned 0 [1],[18] 0 [2],[19] 0 [3],[20] 0 [4],[16]
Premiums ceded 0 [18] 0 [19] 0 [20] 0 [16]
Net premiums earned 0 [18] 0 [19] 0 [20] 0 [16]
Net income from investment portfolio 1,614 [18] 2,129 [19] 2,692 [20] 3,894 [16]
Policy fee income 300 [18] 5 [19] 695 [20] 5 [16]
Other 5,630 [18] 2,548 [19] 10,814 [20] 6,203 [16]
Total revenue 7,544 [18] 4,682 [19] 14,201 [20] 10,102 [16]
Expenses:        
Losses and loss adjustment expenses 0 [18] 0 [19] 0 [20] 0 [16]
Amortization of deferred policy acquisition costs 0 [18] 0 [19] 0 [20] 0 [16]
Other policy acquisition expenses 3,228 [18] 1,339 [19] 6,074 [20] 3,467 [16]
Stock-based compensation expense 1,913 [18] 1,664 [19] 3,853 [20] 3,440 [16]
Interest expense 631 [18] 3,529 [19] 1,098 [20] 6,697 [16]
Depreciation and amortization 147 [18] 194 [19] 310 [20] 385 [16]
Personnel and other operating expenses 5,308 [18] 5,443 [19] 10,248 [20] 9,598 [16]
Total expenses 11,227 [18] 12,169 [19] 21,583 [20] 23,587 [16]
Income before income taxes (3,683) [5],[18] (7,487) [6],[19] (7,382) [7],[20] (13,485) [8],[16]
Total revenue from non-affiliates 1,089 [9],[18] 1,327 [10],[19] 1,621 [11],[20] 2,165 [12],[16]
Intersegment Eliminations [Member]        
Revenue:        
Gross premiums earned (1,974) [1] (1,280) [2] (3,376) [3] (2,479) [4]
Premiums ceded 1,974 1,280 (3,376) 2,479
Net premiums earned 0 0 0 0
Net income from investment portfolio (1,048) (669) (1,703) (1,459)
Policy fee income (136) 1,160 (420) 1,160
Other (67,083) (63,171) (132,549) (124,366)
Total revenue (68,267) (62,680) (134,672) (124,665)
Expenses:        
Losses and loss adjustment expenses (22,929) (22,750) (39,819) (37,046)
Amortization of deferred policy acquisition costs 0 0 0 0
Other policy acquisition expenses (31,439) (27,408) (68,145) (62,081)
Stock-based compensation expense 0 0 0 0
Interest expense (1,122) (1,124) (2,232) (2,232)
Depreciation and amortization (708) (505) (1,430) (879)
Personnel and other operating expenses (12,068) (12,430) (23,059) (22,815)
Total expenses (68,266) (64,217) (134,685) (125,053)
Income before income taxes $ (1) [5] $ (1,537) [6] $ 13 [7] $ 388 [8]
[1] Gross premiums earned under Insurance Operations included $1,974 earned from Reciprocal Exchange Operations.
[2] Gross premiums earned under Insurance Operations included $1,280 earned from Reciprocal Exchange Operations.
[3] Gross premiums earned under Insurance Operations included $3,376 earned from Reciprocal Exchange Operations.
[4] Gross premiums earned under Insurance Operations included $2,479 earned from Reciprocal Exchange Operations.
[5] The income (loss) before income taxes in the reclassification/elimination column is attributable to intercompany transactions among operating segments. The Insurance Operations and the Reciprocal Exchange Operations record service fee expenses based on earned premiums or other appropriate measures, while Exzeo and the AIF operations recognize service fee revenue according to revenue recognition standards. Although both service fee expenses and revenue are fully eliminated on consolidation, they do not completely offset each other in this presentation due to the different methods of recognition.
[6] The income (loss) before income taxes in the reclassification/elimination column is attributable to intercompany transactions among operating segments. The Insurance Operations and the Reciprocal Exchange Operations record service fee expenses based on earned premiums or other appropriate measures, while Exzeo and the AIF operations recognize service fee revenue according to revenue recognition standards. Although both service fee expenses and revenue are fully eliminated on consolidation, they do not completely offset each other in this presentation due to the different methods of recognition.
[7] The income (loss) before income taxes in the reclassification/elimination column is attributable to intercompany transactions among operating segments. The Insurance Operations and the Reciprocal Exchange Operations record service fee expenses based on earned premiums or other appropriate measures, while Exzeo and the AIF operations recognize service fee revenue according to revenue recognition standards. Although both service fee expenses and revenue are fully eliminated on consolidation, they do not completely offset each other in this presentation due to the different methods of recognition.
[8] The income (loss) before income taxes in the reclassification/elimination column is attributable to intercompany transactions among operating segments. The Insurance Operations and the Reciprocal Exchange Operations record service fee expenses based on earned premiums or other appropriate measures, while Exzeo and the AIF operations recognize service fee revenue according to revenue recognition standards. Although both service fee expenses and revenue are fully eliminated on consolidation, they do not completely offset each other in this presentation due to the different methods of recognition.
[9] Represents amounts before reclassification of certain revenue and expenses to conform with an insurance company’s presentation.
[10] Represents amounts before reclassification of certain revenue and expenses to conform with an insurance company’s presentation.
[11] Represents amounts before reclassification of certain revenue and expenses to conform with an insurance company’s presentation.
[12] Represents amounts before reclassification of certain revenue and expenses to conform with an insurance company’s presentation.
[13] Other revenue under Real Estate primarily consisted of rental income from investment properties.
[14] Other revenue under Real Estate primarily consisted of rental income from investment properties.
[15] Other revenue under Real Estate primarily consisted of rental income from investment properties.
[16] Other revenue under Corporate and Other primarily consisted of management fees for AIF services.
[17] Other revenue under Real Estate primarily consisted of rental income from investment properties.
[18] Other revenue under Corporate and Other primarily consisted of management fees for AIF services.
[19] Other revenue under Corporate and Other primarily consisted of management fees for AIF services.
[20] Other revenue under Corporate and Other primarily consisted of management fees for AIF services.