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Deferred Policy Acquisition Costs (Tables)
6 Months Ended
Jun. 30, 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
June 30,

 

 

Six Months Ended June 30,

 

 

 

2024

 

 

2023

 

 

2024

 

 

2023

 

Balance at beginning of period

 

$

5,663

 

 

$

8,326

 

 

$

6,285

 

 

$

10,290

 

 

 

 

 

 

 

 

 

 

 

 

 

Deferred policy acquisition costs

 

 

414

 

 

 

5,587

 

 

 

6,805

 

 

 

8,344

 

Amortization of policy acquisition costs

 

 

(1,471

)

 

 

(4,413

)

 

 

(8,484

)

 

 

(9,134

)

Net change

 

 

(1,057

)

 

 

1,174

 

 

 

(1,679

)

 

 

(790

)

 

 

 

 

 

 

 

 

 

 

 

 

Balance at end of period

 

$

4,606

 

 

$

9,500

 

 

$

4,606

 

 

$

9,500