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Concentration of Risks (Tables) | 12 Months Ended
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Dec. 31, 2025
Risks and Uncertainties [Abstract] |
Schedule of credit risk related to recoverable reinsurance | Certain concentrations of credit risk related to reinsurance recoverable exist with the insurance organizations listed in the table below:
As of December 31, 2025 |  | A.M. Best credit rating |  | Net reinsurance recoverable 1 |  | Funds withheld payable |  | Net reinsurance credit exposure
Medico Insurance Company |  | A |  | $ | 4,466 |  |  | $ | — |  |  | $ | 4,466 |
Front Street Re |  | Not Rated |  | 273,981 |  |  | 237,143 |  |  | 36,838 |
Vista Life and Casualty Reinsurance Co |  | Not Rated |  | 178,273 |  |  | 183,802 |  |  | 0 |
Total |  |  |  | $ | 456,720 |  |  | $ | 420,945 |  |  | $ | 41,304 |
As of December 31, 2024 |  | A.M. Best credit rating |  | Net reinsurance recoverable 1 |  | Funds withheld payable |  | Net reinsurance credit exposure
Medico Insurance Company |  | A |  | $ | 4,376 |  |  | $ | — |  |  | $ | 4,376 |
Front Street Re |  | Not Rated |  | 266,629 |  |  | 239,918 |  |  | 26,711 |
Vista Life and Casualty Reinsurance Co |  | Not Rated |  | 179,220 |  |  | 190,771 |  |  | — |
Total |  |  |  | $ | 450,225 |  |  | $ | 430,689 |  |  | $ | 31,087 |
_______________ (1)Includes credit loss allowance of $1.1 million and $0.8 million as of December 31, 2025 and December 31, 2024, respectively, held against reinsurance recoverable.
Schedules of investment concentration risk | Further, our Insurance Solutions segment has the following investment concentration risk:
|  | As of December 31, 2025
|  | Fair value |  | % of total
Insurance Solutions |  |  |  |
United States |  | $ | 688,545 |  |  | 72 | %
Cayman Islands |  | 207,034 |  |  | 22 | %
Other¹ |  | 61,229 |  |  | 6 | %
Total insurance solutions |  | 956,808 |  |  | 100 | %
Insurance Solutions consolidated VIEs |  |  |  |
United States |  | 111,781 |  |  | 93 | %
Other² |  | 8,899 |  |  | 7 | %
Total insurance solutions consolidated VIEs |  | 120,680 |  |  | 100 | %
Total |  | $ | 1,077,488 |  |  |
_______________ (1)Other consists of nominal investments primarily in Bermuda, Canada, Cayman Islands and United Kingdom. (2)Other consists of nominal investments primarily in Ireland and Canada.
|  | As of December 31, 2024
|  | Fair value |  | % of total
Insurance Solutions |  |  |  |
United States |  | $ | 643,438 |  |  | 70 | %
Canada |  | 6,579 |  |  | 1 | %
Other¹ |  | 265,539 |  |  | 29 | %
Total insurance solutions |  | 915,556 |  |  | 100 | %
Insurance Solutions consolidated VIEs |  |  |  |
United States |  | 120,144 |  |  | 95 | %
Canada |  | 1,075 |  |  | 1 | %
Other |  | 4,679 |  |  | 4 | %
Total insurance solutions consolidated VIEs |  | 125,898 |  |  | 100 | %
Total |  | $ | 1,041,454 |  |  |
_______________ (1)Other consists of nominal investments primarily in Cayman Islands, Bermuda, and United Kingdom.

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- Definition Tabular disclosure of reinsurer or group of reinsurers for whom the entity has a concentration of credit risk. + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Name Accounting Standards Codification -Section 50 -Paragraph 1B -SubTopic 825 -Topic 944 -Publisher FASB -URI https://asc.fasb.org/1943274/2147477351/944-825-50-1B + Details
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- Definition Tabular disclosure of the nature of a concentration, a benchmark to which it is compared, and the percentage that the risk is to the benchmark. + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 275 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 18 -Publisher FASB -URI https://asc.fasb.org/1943274/2147482861/275-10-50-18 Reference 2: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 275 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 20 -Publisher FASB -URI https://asc.fasb.org/1943274/2147482861/275-10-50-20 + Details
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