SEGMENT REPORTING

9 Months Ended

Sep. 30, 2024

Segment Reporting [Abstract]

SEGMENT REPORTING

SEGMENT REPORTING

The Company has one operating segment: Property & Casualty Reinsurance.

The following tables provide a breakdown of the Company’s gross premiums written by line and class of business, and by geographic area of risks insured for the periods indicated:

Gross Premiums Written by Line of Business

	Three months ended September 30								Nine months ended September 30
	2024				2023				2024				2023
Property
Commercial	$	14,794	8.8	%	$	16,105	8.8	%	$	45,030	8.0	%	$	45,236	8.6	%
Motor	189		0.1		122		0.1		344		0.1		706		0.1
Personal	(1,358)		(0.8)		16,713		9.1		16,204		2.9		48,718		9.3
Total Property	13,625		8.1		32,940		18.0		61,578		11.0		94,660		18.0
Casualty
General Liability	28,084		16.7		31,325		17.1		83,482		15.1		79,401		15.1
Motor Liability	2,900		1.7		2,917		1.6		17,556		3.2		11,223		2.1
Professional Liability (1)	33		—		1,625		0.9		152		—		4,850		0.9
Workers' Compensation	939		0.6		4,484		2.4		4,319		0.8		11,542		2.2
Multi-line (1)	60,168		35.7		68,613		37.5		173,609		31.3		177,544		33.9
Total Casualty	92,124		54.7		108,964		59.5		279,118		50.4		284,560		54.2
Other
Accident & Health	2,329		1.4		1,695		0.9		6,207		1.1		6,184		1.2
Financial	11,868		7.0		17,059		9.3		50,012		9.0		48,406		9.2
Marine	11,200		6.7		3,973		2.2		41,642		7.5		23,967		4.6
Other Specialty	37,200		22.1		18,443		10.1		116,022		21.0		66,695		12.8
Total Other	62,597		37.2		41,170		22.5		213,883		38.6		145,252		27.8
	$	168,346	100.0	%	$	183,074	100.0	%	$	554,579	100.0	%	$	524,472	100.0	%

(1) For the 2023 comparative periods, the Company has reclassified one treaty from Professional Liability to Multi-Line to conform with the current presentation within Casualty.

Gross Premiums Written by Geographic Area of Risks Insured

	Three months ended September 30								Nine months ended September 30
	2024				2023				2024				2023
U.S. and Caribbean	$	54,359	32.3	%	$	77,274	42.2	%	$	173,519	31.3	%	$	206,714	39.4	%
Worldwide (1)	102,573		60.9		88,037		48.1		337,035		60.8		269,430		51.4
Europe	1,687		1.0		1,868		1.0		9,967		1.8		8,936		1.7
Asia	9,727		5.8		15,895		8.7		34,058		6.1		39,392		7.5
	$	168,346	100.0	%	$	183,074	100.0	%	$	554,579	100.0	%	$	524,472	100.0	%

(1) “Worldwide” is composed of contracts that reinsure risks in more than one geographic area and may include risks in the U.S.