XML 74 R48.htm IDEA: XBRL DOCUMENT
v3.25.0.1

REINSURANCE (Tables) | 12 Months Ended
--- | ---
Dec. 31, 2024
Reinsurance Disclosures [Abstract] |
Summary of Breakdown of Gross and Net Premiums Written and Earned | The following table presents gross and net premiums written and earned:
| Year ended December 31, | 2024 |  | 2023 |  | 2022 |
|  | Premiums written |  | Premiums earned |  | Premiums written |  | Premiums earned |  | Premiums written |  | Premiums earned |
| Gross | $ | 9,005,888 |  |  | $ | 8,529,567 |  |  | $ | 8,356,525 |  |  | $ | 7,973,577 |  |  | $ | 8,214,595 |  |  | $ | 7,936,382 |  |
| Ceded | (3,248,537) |  |  | (3,223,332) |  |  | (3,254,200) |  |  | (2,889,796) |  |  | (2,951,539) |  |  | (2,776,056) |  |
| Net | $ | 5,757,351 |  |  | $ | 5,306,235 |  |  | $ | 5,102,325 |  |  | $ | 5,083,781 |  |  | $ | 5,263,056 |  |  | $ | 5,160,326 |  |
Reinsurance Recoverable, Allowance for Credit Loss | The following table provides a reconciliation of the beginning and ending balances of the allowance for expected credit losses related to the Company’s reinsurance recoverable balance:
| Year ended December 31, | 2024 |  | 2023 |
| Beginning balance | $ | 36,611 |  |  | $ | 30,715 |  |
| Increase (decrease) in allowance for expected credit losses | 6,834 |  |  | 5,896 |  |
| Ending Balance | $ | 43,445 |  |  | $ | 36,611 |  |

X
- Definition Tabular disclosure of the effects of reinsurance, for example, but not limited to, disclosure of direct, assumed, and ceded insurance. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Section 50 -Paragraph 1 -SubTopic 605 -Topic 944 -Publisher FASB -URI https://asc.fasb.org/1943274/2147479032/944-605-50-1 + Details
Name: | us-gaap_EffectsOfReinsuranceTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- References No definition available. + Details
Name: | us-gaap_ReinsuranceDisclosuresAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of allowance for credit loss on reinsurance recoverable. + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 326 -SubTopic 20 -Name Accounting Standards Codification -Section 50 -Paragraph 13 -Publisher FASB -URI https://asc.fasb.org/1943274/2147479319/326-20-50-13 + Details
Name: | us-gaap_ReinsuranceRecoverableAllowanceForCreditLossTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration