v3.26.1
Mortgage Loans (Tables)
 6 Months Ended
Jun. 30, 2026
Receivables [Abstract]  
Schedule of Accounts, Notes, Loans and Financing Receivable
The following table sets forth the carrying value of the Company’s mortgage loans as of June 30, 2026 and 2025:
($ in thousands)June 30, 2026December 31, 2025
Commercial$2,598 $3,334 
Hospitality6,620 6,568 
$9,218 $9,902 
Schedule of Investment Income
The following table sets forth the proceeds from sales of available-for-sale fixed maturity securities and equity securities for the six months ended June 30, 2026 and 2025:
Six months ended June 30,
($ in thousands)20262025
Fixed maturity securities, available-for-sale$237,986 $25,524 
Equity securities— 67,495 
The following table sets forth the components of net investment income for the three and six months ended June 30, 2026 and 2025:
Three months ended June 30,Six months ended June 30,
($ in thousands)2026202520262025
Income (loss):
Fixed maturity securities, available-for-sale$25,879 $18,453 $55,290 $35,741 
Fixed maturity securities, held-to-maturity403 (822)(674)— 
Equity securities19 492 37 1,109 
Equity method investments(1,057)(898)(2,354)(2,886)
Mortgage loans291 270 (374)931 
Indirect loans(4,312)(4,249)(6,105)(4,990)
Short-term investments and cash2,463 3,707 5,937 6,899 
Other6,719 909 7,405 1,970 
Total investment income30,405 17,862 59,162 38,774 
Investment expenses322 842 (1,380)(648)
Net investment income$30,727 $18,704 $57,782 $38,126 
The following table sets forth the Company’s gross investment income for mortgage loans for the three and six months ended June 30, 2026 and 2025:
Three months ended June 30,Six months ended June 30,
($ in thousands)2026202520262025
Commercial$130 $109 $(694)$217 
Retail— — — 304 
Hospitality161 161 320 410 
$291 $270 $(374)$931