XML 121 R91.htm IDEA: XBRL DOCUMENT v3.25.0.1
Reinsurance - Schedule of Total Reinsurance Balances Segregated By Reinsurer (Details) - USD ($)
$ in Thousands
Dec. 31, 2024
Dec. 31, 2023
Dec. 31, 2022
Ceded Credit Risk [Line Items]      
Total reinsurance recoverable, net $ 1,061,145 $ 656,825  
Total prepaid reinsurance premiums 235,378 203,320  
Reinsurance Balances 1,296,523 860,145  
Less: collateral (93,842) (126,418)  
Less: ACL (2,000) (1,700) $ (1,600)
Total federal and state pools      
Ceded Credit Risk [Line Items]      
Reinsurance Balances $ 518,203 $ 251,767  
% of Reinsurance Balance 39.00% 29.00%  
NFIP      
Ceded Credit Risk [Line Items]      
Reinsurance Balances $ 471,696 $ 203,273  
% of Reinsurance Balance 36.00% 24.00%  
New Jersey Unsatisfied Claim Judgment Fund      
Ceded Credit Risk [Line Items]      
Reinsurance Balances $ 44,089 $ 46,715  
% of Reinsurance Balance 3.00% 5.00%  
Other than federal and state pools      
Ceded Credit Risk [Line Items]      
Reinsurance Balances $ 2,418 $ 1,779  
% of Reinsurance Balance 0.00% 0.00%  
Remaining reinsurance balance      
Ceded Credit Risk [Line Items]      
Reinsurance Balances $ 780,320 $ 610,078  
% of Reinsurance Balance 61.00% 71.00%  
Remaining reinsurance balance $ 778,320 $ 608,378  
Reinsurers, net of ACL 778,320 608,378  
Hannover Ruck SE (AM Best rated "A+")      
Ceded Credit Risk [Line Items]      
Reinsurance Balances $ 198,966 $ 135,564  
% of Reinsurance Balance 15.00% 16.00%  
Munich Reinsurance America Inc. (AM Best rated "A+")      
Ceded Credit Risk [Line Items]      
Reinsurance Balances $ 151,516 $ 132,831  
% of Reinsurance Balance 12.00% 15.00%  
AXIS Reinsurance Company (AM Best rated "A")      
Ceded Credit Risk [Line Items]      
Reinsurance Balances $ 91,862 $ 76,286  
% of Reinsurance Balance 7.00% 9.00%  
Endurance Assurance Corporation (AM Best rated “A+”)      
Ceded Credit Risk [Line Items]      
Reinsurance Balances $ 40,717 $ 27,246  
% of Reinsurance Balance 3.00% 3.00%  
Ace Property & Casualty Insurance Company (AM Best rated “A++”)      
Ceded Credit Risk [Line Items]      
Reinsurance Balances $ 30,166 $ 13,602  
% of Reinsurance Balance 2.00% 2.00%  
All other reinsurers      
Ceded Credit Risk [Line Items]      
Reinsurance Balances $ 267,093 $ 224,549  
% of Reinsurance Balance 22.00% 26.00%  
Reinsurers, net of collateral      
Ceded Credit Risk [Line Items]      
Reinsurance Balances $ 684,478 $ 481,960