CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($) $ in Thousands	Mar. 31, 2026	Dec. 31, 2025
Investments:
Fixed maturities: available-for-sale, at fair value (Amortized cost: 2026: $118,298; 2025: $164,352)	$ 118,376	$ 165,035
Equity securities: at fair value (Cost: 2026: $11,145; 2025: $11,145)	11,748	11,748
Equity method investments	33,543	33,532
Other investments	175,670	173,358
Total investments	339,337	383,673
Cash and cash equivalents	15,052	15,480
Restricted cash and cash equivalents	47,159	9,146
Accrued investment income	4,872	5,003
Reinsurance balances receivable, net (includes $0 and $2 from related parties in 2026 and 2025, respectively. Allowance for expected credit losses: 2026 - $14; 2025 - $14)	297	724
Reinsurance recoverable on unpaid losses: (Allowance for expected credit losses: 2026: $1,930; 2025: $1,740)	436,381	461,197
Net loan receivable from related party	78,606	86,883
Intangible assets	8,509	9,347
Funds withheld receivable: (Allowance for expected credit losses: 2026: $2; 2025: $2)	7,448	10,956
Other assets	17,636	17,740
Assets held for sale	8,930	9,806
Total assets	964,227	1,009,955
LIABILITIES
Reserve for loss and loss adjustment expenses (includes $514,149 and $554,507 from related parties in 2026 and 2025, respectively)	593,350	637,169
Unearned premiums (includes $16,815 and $17,227 from related parties in 2026 and 2025, respectively)	16,891	17,406
Accrued expenses and other liabilities (includes $27,468 and $16,443 from related parties in 2026 and 2025, respectively)	57,426	52,032
Senior notes - principal amount	262,361	262,361
Less: unamortized fair value adjustment	87,639	87,959
Senior notes, net	174,722	174,402
Liabilities held for sale	401	662
Total liabilities	842,790	881,671
Commitments and Contingencies
EQUITY
Common shares ($0.01 par value; 2026: 10,108,600 and 2025: 9,979,477 shares issued; 2026: 7,824,030 and 2025: 7,741,943 shares outstanding)	101	100
Additional paid-in capital	178,982	177,534
Accumulated other comprehensive income	537	916
(Accumulated deficit) retained earnings	(6,234)	1,197
Treasury shares, at cost (2026: 2,284,570 shares, 2025: 2,237,534 shares)	(51,949)	(51,463)
Total shareholders’ equity	121,437	128,284
Total liabilities and equity	$ 964,227	$ 1,009,955