XML 33 R26.htm IDEA: XBRL DOCUMENT v3.26.1
Subsequent Events
3 Months Ended
Mar. 31, 2026
Subsequent Events [Abstract]  
Subsequent Events
18)
SUBSEQUENT EVENTS

The Company evaluates all subsequent events and transactions for potential recognition or disclosure in its financial statements.

On April 22, 2026, the Company, through its wholly-owned insurance subsidiary AmCoastal, issued a $200 million catastrophe bond. This bond is a three-year transaction that provides all-perils indemnity coverage through May 31, 2029. The bond is split into two classes, 1) Class A coverage of $100 million that contains a drop down feature to an attachment point of $50 million on third and subsequent catastrophe events, and 2) Class B coverage of $100 million that attaches at $225 million.