XML 36 R29.htm IDEA: XBRL DOCUMENT v3.24.3
Deferred Policy Acquisition Costs (Tables)
9 Months Ended
Sep. 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
September 30,

 

 

Nine Months Ended September 30,

 

 

 

2024

 

 

2023

 

 

2024

 

 

2023

 

Balance at beginning of period

 

$

6,658

 

 

$

9,668

 

 

$

6,405

 

 

$

10,479

 

 

 

 

 

 

 

 

 

 

 

 

 

Deferred policy acquisition costs

 

 

3,181

 

 

 

4,879

 

 

 

9,985

 

 

 

13,073

 

Amortization of policy acquisition costs

 

 

(3,249

)

 

 

(4,400

)

 

 

(9,800

)

 

 

(13,405

)

Impact from renewal rights sale

 

 

 

 

 

(4,303

)

 

 

 

 

 

(4,303

)

Net change

 

 

(68

)

 

 

(3,824

)

 

 

185

 

 

 

(4,635

)

 

 

 

 

 

 

 

 

 

 

 

 

Balance at end of period

 

$

6,590

 

 

$

5,844

 

 

$

6,590

 

 

$

5,844