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Nature of Operations and Basis of Presentation (Tables) | 6 Months Ended
--- | ---
Jun. 30, 2024
Organization, Consolidation and Presentation of Financial Statements [Abstract] |
Summary of Components of Deferred Acquisition Costs | The following table is a summary of the components of DAC, including the related amortization recognized for the six-month period ended June 30, 2024.
| Total
Recorded asset at beginning of period | $ | 126,532 |
Underwriting costs deferred | 150,591 |
Amortization of deferred policy acquisition costs | (133,079) |
Recorded asset at June 30, 2024 | $ | 144,044 |
Summary of Rollforward of Credit Loss Allowance for Reinsurance Receivable |
Rollforward of credit loss allowance for reinsurance receivables:
|  | As of
|  | June 30, 2024
Beginning balance, January 1, 2024 |  | $ | 97 |
Current-period provision for expected credit losses |  | 5 |
Write-off charged against the allowance, if any |  | — |
Recoveries of amounts previously written off, if any |  | — |
Ending balance of the allowance for reinsurance receivables, June 30, 2024 |  | $ | 102 |

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- 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
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