Variable Interest Entity (Tables) |
6 Months Ended | ||||||||||||||||
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Jun. 30, 2026 | |||||||||||||||||
| Variable Interest Entity [Abstract] | |||||||||||||||||
| Schedule of Balance Sheet Classification and Exposure of Restricted Cash and Investments | The following table presents, on a consolidated basis, the balance sheet classification and exposure of restricted cash and cash equivalents held in the segregated account, which are used to settle reinsurance obligations of the VIE as of the dates presented. Restricted cash and cash equivalents held in the segregated account are required to be held in a trust account solely for the benefit of the Company and can be used to settle activity under the reinsurance agreement. Any restricted cash or cash equivalents held in the segregated account not actively being used to settle activity under the reinsurance agreement can be paid to the Company by dividend based upon underwriting results of the segregated account or by expiration or termination of the reinsurance agreement. Catstye cannot declare or pay dividends without necessary approvals from the Bermuda Monetary Authority (the “Authority”).
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