Reserves for Unpaid Losses and Loss Adjustment Expenses (Tables)

9 Months Ended

Sep. 30, 2026

Insurance [Abstract]

Schedule of Unpaid Losses and Loss Adjustment Expenses

The following table presents a reconciliation of the beginning and ending reserves for unpaid losses and loss adjustment expenses, net of amounts recoverable from various reinsurers:


						Nine months ended September 30,
						2026						2025

						in thousands
Gross reserves for unpaid losses and loss adjustment expenses, beginning						$	168,851					$	168,492
Less: Reinsurance recoverable on unpaid losses and loss adjustment expenses						5,644						5,769
Net reserves for unpaid losses and loss adjustment expenses, beginning						163,207						162,723
Incurred losses and loss adjustment expenses:
Current accident year						304,558						224,969
Prior accident years						(5,669)						—
Total incurred losses and loss adjustment expenses						298,889						224,969
Payments:
Current accident year						171,121						61,819
Prior accident years						72,812						63,571
Total payments						243,933						125,390
Effect of foreign currency rate changes						(516)						(63)
Net reserves for unpaid losses and loss adjustment expenses, ending						217,647						262,239
Reinsurance recoverable on unpaid losses and loss adjustment expenses						14,485						14,406
Gross reserves for unpaid losses and loss adjustment expenses, ending						$	232,132					$	276,645