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Deferred Policy Acquisition Costs (Tables)
3 Months Ended
Mar. 31, 2024
Deferred Policy Acquisition Costs Disclosures [Abstract]  
Summary of Deferred Policy Acquisition Costs The activity in deferred policy acquisition costs, net of reinsurance transactions, is as follows (dollars in thousands):

 

 

 

Three Months Ended
March 31,

 

 

 

2024

 

 

2023

 

Balance at beginning of period

 

$

6,285

 

 

$

10,290

 

 

 

 

 

 

 

Deferred policy acquisition costs

 

 

6,391

 

 

 

2,757

 

Amortization of policy acquisition costs

 

 

(7,013

)

 

 

(4,721

)

Net change

 

 

(622

)

 

 

(1,964

)

 

 

 

 

 

 

Balance at end of period

 

$

5,663

 

 

$

8,326