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CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
$ in Thousands
 3 Months Ended
Mar. 31, 2025
Mar. 31, 2024
Revenues    
Gross premiums written $ 247,945 $ 217,258
Gross premiums ceded (28,548) (23,181)
Net premiums written 219,397 194,077
Change in net unearned premium reserves (50,934) (32,541)
Net premiums earned 168,463 161,536
Income from investment in related party investment fund (net of related party expenses - Note 3) 32,197 18,248
Net investment income 8,287 13,178
Foreign exchange gains (losses) 4,355 (1,649)
Total revenues 213,302 191,313
Expenses    
Net loss and loss adjustment expenses incurred 122,884 109,326
Acquisition costs 46,866 41,610
Underwriting expenses 6,358 6,339
Corporate and other expenses 4,672 4,375
Deposit interest expense 149 876
Interest expense 1,464 1,249
Total expenses 182,393 163,775
Income before income tax 30,909 27,538
Income tax expense (1,282) (519)
Net income $ 29,627 $ 27,019
Earnings per share ("EPS"):    
Basic (in dollars per share) $ 0.87 $ 0.79
Diluted (in dollars per share) $ 0.86 $ 0.78
Weighted average number of ordinary shares used in the determination of EPS:    
Basic (in shares) 33,949,967 34,272,230
Diluted (in shares) 34,418,262 34,653,381