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Reinsurance (Tables)
12 Months Ended
Dec. 31, 2025
SEC Schedule, 12-17, Insurance Companies, Reinsurance [Abstract]  
Schedule of Earned Premium
The following table presents the Company's total premiums assumed and ceded on a written and earned basis for the years ended December 31, 2025, 2024, and 2023:

Year ended December 31,
202520242023
Premiums written:in thousands
Assumed$830,645 $726,971 $636,366 
Ceded(53,308)(50,541)(33,070)
Net$777,337 $676,430 $603,296 
Premiums earned:
Assumed$776,625 $685,763 $554,553 
Ceded(49,899)(42,439)(22,687)
Net$726,726 $643,324 $531,866 
Schedule of Effects of Reinsurance on Losses and Loss Adjustment Expenses
The following table presents total loss and loss adjustment expenses assumed and ceded for the years ended December 31, 2025, 2024, and 2023:

Year ended December 31,
202520242023
Losses and loss adjustment expenses:in thousands
Assumed$307,907 $313,377 $222,895 
Ceded(22,513)(14,784)(2,237)
Net$285,394 $298,593 $220,658 
Schedule of Reinsurance Recoverable, Past Due
The following table presents the reinsurance recoverable on paid and unpaid losses and loss adjustment expenses as of December 31, 2025 and 2024:

December 31,
20252024
in thousands
Reinsurance recoverable on paid losses and loss adjustment expenses$9,652 $6,158 
Reinsurance recoverable on unpaid losses and loss adjustment expenses5,644 5,769 
Total reinsurance recoverable$15,296 $11,927