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SEGMENT REPORTING (Details)
$ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2025
USD ($)
Jun. 30, 2024
USD ($)
Jun. 30, 2025
USD ($)
segment
Jun. 30, 2024
USD ($)
Dec. 31, 2024
USD ($)
Segment Reporting Information          
Number of operating segments | segment     2    
Gross premiums written $ 179,628 $ 168,975 $ 427,573 $ 386,233  
Net premiums written 164,527 154,143 383,924 348,220  
Net premiums earned 161,641 158,398 330,104 319,934  
Net loss and LAE incurred (100,079) (102,033) (222,963) (211,359)  
Acquisition costs (46,848) (50,454) (93,714) (92,064)  
Other underwriting expenses (6,481) (5,811) (12,839) (12,150)  
Deposit interest expense, net (124) 233 (273) (643)  
Underwriting income (loss) 8,109 333 315 3,718  
Net investment income 10,470 10,948 18,757 24,126  
Corporate and other expenses (4,755) (4,706) (9,427) (9,081)  
Income (loss) from investment in Solasglas (18,276) 4,330 13,921 22,578  
Foreign exchange gains (losses) 6,271 (932) 10,626 (2,581)  
Interest expense (1,144) (1,560) (2,608) (2,809)  
Income before income tax 675 8,413 31,584 35,951  
Attritional losses (90,633) (89,420) (181,592) (180,908)  
Large event losses (6,399) (5,580) (7,090) (8,017)  
CAT event losses 0 (7,722) (27,016) (17,722)  
Prior year favorable (adverse) loss development 3,047 (689) 7,265 4,712  
Total net loss and LAE incurred 100,079 102,033 222,963 211,359  
Total allocated assets 2,188,024 1,899,948 2,188,024 1,899,948 $ 2,016,223
Operating Segments          
Segment Reporting Information          
Prior year favorable (adverse) loss development     5,919 (109)  
Corporate          
Segment Reporting Information          
Gross premiums written (301) 345 (531) 474  
Net premiums written (300) 346 (483) 463  
Net premiums earned (299) 7,185 (482) 16,914  
Net loss and LAE incurred (1,360) (14,996) (1,135) (24,495)  
Acquisition costs 64 (1,537) 112 (3,515)  
Other underwriting expenses 0 0 0 0  
Deposit interest expense, net 0 0 0 0  
Underwriting income (loss) (1,595) (9,348) (1,505) (11,096)  
Net investment income 4,410 800 6,478 1,545  
Corporate and other expenses (4,153) (3,896) (8,253) (7,681)  
Income (loss) from investment in Solasglas (18,276) 4,330 13,921 22,578  
Foreign exchange gains (losses) 6,271 (932) 10,626 (2,581)  
Interest expense (1,144) (1,560) (2,608) (2,809)  
Income before income tax (14,487) (10,606) 18,659 (44)  
Attritional losses 97 (6,382) 211 (11,952)  
Large event losses 0 0 0 0  
CAT event losses 0 (7,722) 0 (7,722)  
Prior year favorable (adverse) loss development 1,457 892 1,346 4,821  
Total net loss and LAE incurred 1,360 14,996 1,135 24,495  
Total allocated assets 1,556,496 1,357,509 1,556,496 1,357,509  
Open Market | Operating Segments          
Segment Reporting Information          
Gross premiums written 152,333 143,311 373,042 330,372  
Net premiums written 142,111 131,585 337,720 299,301  
Net premiums earned 140,554 125,865 290,195 257,475  
Net loss and LAE incurred (83,475) (73,403) (196,238) (160,103)  
Acquisition costs (40,900) (40,511) (81,781) (74,090)  
Other underwriting expenses (4,861) (4,816) (9,658) (10,294)  
Deposit interest expense, net (124) 233 (273) (643)  
Underwriting income (loss) 11,194 7,368 2,245 12,345  
Net investment income 5,629 9,782 11,400 22,398  
Corporate and other expenses 0 0 0 0  
Income before income tax 16,823 17,150 13,645 34,743  
Attritional losses (78,017) (67,763) (158,177) (140,553)  
Large event losses (6,399) (5,580) (7,090) (8,017)  
CAT event losses 0 0 (27,016) (10,000)  
Prior year favorable (adverse) loss development (941) 60 3,955 1,533  
Total net loss and LAE incurred 83,475 73,403 196,238 160,103  
Total allocated assets 485,330 402,186 485,330 402,186  
Innovations | Operating Segments          
Segment Reporting Information          
Gross premiums written 27,596 25,319 55,062 55,387  
Net premiums written 22,716 22,212 46,687 48,456  
Net premiums earned 21,386 25,348 40,391 45,545  
Net loss and LAE incurred (15,244) (13,634) (25,590) (26,761)  
Acquisition costs (6,012) (8,406) (12,045) (14,459)  
Other underwriting expenses (1,620) (995) (3,181) (1,856)  
Deposit interest expense, net 0 0 0 0  
Underwriting income (loss) (1,490) 2,313 (425) 2,469  
Net investment income 431 366 879 183  
Corporate and other expenses (602) (810) (1,174) (1,400)  
Income before income tax (1,661) 1,869 (720) 1,252  
Attritional losses (12,713) (15,275) (23,626) (28,403)  
Large event losses 0 0 0 0  
CAT event losses 0 0 0 0  
Prior year favorable (adverse) loss development 2,531 (1,641) 1,964 (1,642)  
Total net loss and LAE incurred 15,244 13,634 25,590 26,761  
Total allocated assets $ 146,198 $ 140,253 $ 146,198 $ 140,253