v3.26.3
Reinsurance (Tables)
9 Months Ended
Sep. 30, 2026
SEC Schedule, 12-17, Insurance Companies, Reinsurance [Abstract]  
Schedule of Earned Premium
The following table presents the Company's total premiums on a written and earned basis for the three and nine months ended September 30, 2026 and 2025:

Three months ended
September 30,
Nine months ended
September 30,
2026202520262025
Premiums written:in thousands
Assumed$332,177 $228,882 $1,043,730 $652,205 
Ceded(25,682)(10,999)(86,737)(42,068)
Net$306,495 $217,883 $956,993 $610,137 
Premiums earned:
Assumed$287,619 $199,679 $812,366 $570,588 
Ceded(22,506)(12,640)(55,655)(36,409)
Net$265,113 $187,039 $756,711 $534,179 
Schedule of Effects of Reinsurance on Losses and Loss Adjustment Expenses
The following table presents the Company's total losses and loss adjustment expenses for the three and nine months ended September 30, 2026 and 2025:

Three months ended
September 30,
Nine months ended
September 30,
2026202520262025
Losses and loss adjustment expenses:in thousands
Assumed$97,338 $81,788 $315,787 $243,173 
Ceded(7,077)(3,162)(16,898)(18,204)
Net$90,261 $78,626 $298,889 $224,969