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CONDENSED CONSOLIDATED STATEMENTS OF CHANGES IN SHAREHOLDERS' EQUITY (Unaudited) - USD ($)
$ in Thousands
Total
Common shares
Additional paid-in capital
Accumulated other comprehensive income
Retained earnings (accumulated deficit)
Treasury shares
Beginning balance at Dec. 31, 2023   $ 27 $ 10,047 $ 0 $ (4,237) $ 0
Increase (Decrease) in Stockholders' Equity [Roll Forward]            
Net income (loss) $ (924)       (924)  
Ending balance at Jun. 30, 2024 4,913 27 10,047 0 (5,161) 0
Beginning balance at Mar. 31, 2024   27 10,047 0 (4,614) 0
Increase (Decrease) in Stockholders' Equity [Roll Forward]            
Net income (loss) (547)       (547)  
Ending balance at Jun. 30, 2024 4,913 27 10,047 0 (5,161) 0
Beginning balance at Dec. 31, 2024 4,606 27 10,107 0 (5,528) 0
Increase (Decrease) in Stockholders' Equity [Roll Forward]            
Shares issued on Combination Agreement   72 166,539      
Share-based compensation expense     239      
Change in net unrealized investment gains 485     485    
Foreign currency translation adjustment       74    
Net income (loss) 69,533       69,533  
Distribution to shareholders         (40,000)  
Shares issued to Maiden Reinsurance           (51,463)
Ending balance at Jun. 30, 2025 150,085 99 176,885 559 24,005 (51,463)
Beginning balance at Mar. 31, 2025   27 10,122 0 (5,922) 0
Increase (Decrease) in Stockholders' Equity [Roll Forward]            
Shares issued on Combination Agreement   72 166,539      
Share-based compensation expense     224      
Change in net unrealized investment gains       485    
Foreign currency translation adjustment       74    
Net income (loss) 69,927       69,927  
Distribution to shareholders         (40,000)  
Shares issued to Maiden Reinsurance           (51,463)
Ending balance at Jun. 30, 2025 $ 150,085 $ 99 $ 176,885 $ 559 $ 24,005 $ (51,463)