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Net realized and unrealized gains (Tables) | 3 Months Ended
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Mar. 31, 2025
Investments, Debt and Equity Securities [Abstract] |
Schedule of Gross Realized and Unrealized Gains and Losses | Realized and unrealized gains and losses are detailed as follows:
|  |  | Three Months Ended March 31,
|  |  |  |  | 2025 |  | 2024
|  |  |  | (in $ thousands)
Realized gains |  |  |  |  | 556 |  |  | 102 |
Realized losses |  |  |  |  | (678) |  |  | (291) |
Net unrealized investment gains recognized on equity securities still held |  |  |  |  | 3,175 |  |  | 7,227 |
|  |  |  |  | 3,053 |  |  | 7,038 |
Schedule of Investment Gains and Losses Recognized Related to Investments in Equity Securities | Investment gains and losses recognized related to investments in equity securities are as follows:
|  |  | Three Months Ended March 31,
|  |  |  |  | 2025 |  | 2024
|  |  |  | (in $ thousands)
Net investment gains recognized on equity securities during the period |  |  |  |  | 2,854 |  |  | 7,234 |
Less: Net realized (losses) gains on equity securities sold during the period |  |  |  |  | (321) |  |  | 7 |
Net unrealized investment gains recognized on equity securities still held |  |  |  |  | 3,175 |  |  | 7,227 |
Schedule of Proceeds from Sale of Investments in Securities | The amortized costs and fair values of investments in debt securities are as follows:
| March 31, 2025 |  | December 31, 2024
| Amortized costs |  | Fair values |  | Amortized costs |  | Fair values
| (in $ thousands)
Municipal | 14,505 |  |  | 14,401 |  |  | 14,563 |  |  | 14,415 |
Corporate | 212,348 |  |  | 206,005 |  |  | 219,015 |  |  | 210,307 |
Foreign | 317,246 |  |  | 318,070 |  |  | 316,247 |  |  | 313,619 |
U.S. Treasury Bonds | 54,445 |  |  | 54,221 |  |  | 49,462 |  |  | 48,274 |
| 598,544 |  |  | 592,697 |  |  | 599,287 |  |  | 586,615 |
Proceeds from sales of investments in securities are as follows:
|  |  | Three Months Ended March 31,
|  |  |  |  | 2025 |  | 2024
|  |  |  | (in $ thousands)
Proceeds from sales of debt securities |  |  |  |  | 12,544 |  |  | 20,767 |
Proceeds from sales of equity securities |  |  |  |  | 3,465 |  |  | 107 |
Total proceeds from sales of investments in securities |  |  |  |  | 16,009 |  |  | 20,874 |

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