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Reinsurance (Tables)

12 Months Ended

Dec. 31, 2025

Reinsurance Disclosures [Abstract]

Schedule of Effects of Reinsurance

The effects of reinsurance on premiums written and earned were as follows:

	Year Ended December 31,
	2025				2024
	Written		Earned		Written		Earned
Direct premiums	$871,391		$753,519		$655,255		$651,967
Assumed Premiums	73,243		131,439		112,423		30,249
Gross Premiums	944,634		884,958		767,678		682,216
Ceded premiums	(673,721)		(642,035)		(573,234)		(500,161)
Net premiums	$270,913		$242,923		$194,444		$182,055

The Company’s reinsurance arrangements affected certain items in the consolidated statements of operations and

comprehensive income for the years ended December 31, 2025 and December 31, 2024 by the following amounts:

	Year Ended December 31,
	2025		2024
Ceded premiums earned	$(642,035)		$(500,161)
Ceded losses and loss adjustment expenses incurred	(60,300)		517,549
Ceded policy acquisition expenses	164,717		114,882

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- Definition

Tabular disclosure of the effects of reinsurance, for example, but not limited to, disclosure of direct, assumed, and ceded insurance.

+ References

Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
-Topic 944
-SubTopic 20
-Name Accounting Standards Codification
-Section 50
-Paragraph 1
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147479838/944-20-50-1

Reference 2: http://www.xbrl.org/2009/role/commonPracticeRef
-Topic 944
-SubTopic 605
-Name Accounting Standards Codification
-Section 50
-Paragraph 1
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147479032/944-605-50-1

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X

- References

No definition available.

+ Details

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