Significant transactions	9 Months Ended
Sep. 30, 2026
Insurance [Abstract]
Significant transactions	3. Significant transactions Sale of Arcadian On October 3, 2025, the Company entered into an agreement to sell its 49% equity stake in Arcadian Risk Capital Ltd. (“Arcadian”) to Lee Equity Partners for total consideration of $140.4 million, inclusive of a pre-close dividend. The Company also renewed and extended its capacity agreement with Arcadian until the end of 2031. On January 30, 2026, the transaction closed following the satisfaction of customary closing conditions and the Company recognized a gain of $25.2 million in Other revenues in its consolidated income statement during the nine months ended September 30, 2026. During 2025, the Company accounted for its 49% ownership in Arcadian under the equity method of accounting and recorded its share of net income in Other revenues in its consolidated income statement. As of December 31, 2025, a held for sale asset of $115.2 million was recorded in the Company’s consolidated balance sheet. Acquisition of Assist America On December 31, 2025, the Company, through its wholly owned subsidiaries, entered into an agreement to acquire Assist America Inc. and its affiliates (“Assist America”) for $44.0 million in cash and other contingent considerations. Pursuant to the agreement, Assist America became a consolidated subsidiary of the Company effective as of January 1, 2026 and the acquisition was accounted for as a business combination. The consideration was allocated to Assist America’s assets acquired and liabilities assumed based on their fair value as of the acquisition date. The consideration transferred is subject to customary post-closing adjustments, which could affect the preliminary goodwill recognized. Goodwill of $18.6 million was recognized within the Insurance & Services segment and is primarily attributable to the Company’s third-party medical and travel assistance capacities and the synergies that can be achieved subsequent to the Assist America acquisition. A majority of the goodwill recognized is expected to be deductible for tax purposes. Acquisition of World Nomads On September 30, 2026, the Company, through its wholly owned subsidiaries, completed the acquisition of equity interests and assets comprising the World Nomads travel insurance business operated by nib Travel Pty Ltd. (collectively, “World Nomads”) for $48.0 million in cash, and the acquisition was accounted for as a business combination. World Nomads became a consolidated subsidiary of the Company as of the acquisition date. The purchase consideration was allocated to assets acquired and liabilities assumed based on their acquisition-date fair value. The consideration transferred remains subject to customary post-closing adjustments, which may affect the preliminary goodwill recognized. The Company recognized goodwill of $27.5 million within the Insurance & Services segment, primarily attributable to the Company's travel insurance distribution capabilities and expected synergies resulting from the acquisition of World Nomads. A majority of the goodwill recognized is expected to be deductible for tax purposes.

On October 3, 2025, the Company entered into an agreement to sell its 49% equity stake in Arcadian Risk Capital Ltd. (“Arcadian”) to Lee Equity Partners for total consideration of $140.4 million, inclusive of a pre-close dividend. The Company also renewed and extended its capacity agreement with Arcadian until the end of 2031. On January 30, 2026, the transaction closed following the satisfaction of customary closing conditions and the Company recognized a gain of $25.2 million in Other revenues in its consolidated income statement during the nine months ended September 30, 2026.

During 2025, the Company accounted for its 49% ownership in Arcadian under the equity method of accounting and recorded its share of net income in Other revenues in its consolidated income statement. As of December 31, 2025, a held for sale asset of $115.2 million was recorded in the Company’s consolidated balance sheet.

On December 31, 2025, the Company, through its wholly owned subsidiaries, entered into an agreement to acquire Assist America Inc. and its affiliates (“Assist America”) for $44.0 million in cash and other contingent considerations. Pursuant to the agreement, Assist America became a consolidated subsidiary of the Company effective as of January 1, 2026 and the acquisition was accounted for as a business combination. The consideration was allocated to Assist America’s assets acquired and liabilities assumed based on their fair value as of the acquisition date. The consideration transferred is subject to customary post-closing adjustments, which could affect the preliminary goodwill recognized.

Goodwill of $18.6 million was recognized within the Insurance & Services segment and is primarily attributable to the Company’s third-party medical and travel assistance capacities and the synergies that can be achieved subsequent to the Assist America acquisition. A majority of the goodwill recognized is expected to be deductible for tax purposes.

On September 30, 2026, the Company, through its wholly owned subsidiaries, completed the acquisition of equity interests and assets comprising the World Nomads travel insurance business operated by nib Travel Pty Ltd. (collectively, “World Nomads”) for $48.0 million in cash, and the acquisition was accounted for as a business combination. World Nomads became a consolidated subsidiary of the Company as of the acquisition date. The purchase consideration was allocated to assets acquired and liabilities assumed based on their acquisition-date fair value. The consideration transferred remains subject to customary post-closing adjustments, which may affect the preliminary goodwill recognized.

The Company recognized goodwill of $27.5 million within the Insurance & Services segment, primarily attributable to the Company's travel insurance distribution capabilities and expected synergies resulting from the acquisition of World Nomads. A majority of the goodwill recognized is expected to be deductible for tax purposes.