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Historical Loss And LAE Development (Tables)
3 Months Ended
Mar. 31, 2026
Historical Loss And L A E Development Disclosure [Abstract]  
Schedule of Reconciliation of Unpaid Losses and Settlement Expenses (LAE)

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​

​

​

​

​

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For the Three Months

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​

Ended March 31,

(in thousands)

 

2026

 

2025

Unpaid losses and LAE at beginning of year

​

​

​

​

​

​

Gross

​

$

2,886,819

​

$

2,693,470

Ceded

​

​

(746,798)

​

​

(755,425)

Net

​

$

2,140,021

​

$

1,938,045

​

​

​

​

​

​

​

Increase (decrease) in incurred losses and LAE

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​

​

​

​

​

Current accident year

​

$

228,708

​

$

208,243

Prior accident years

​

​

(35,464)

​

​

(31,005)

Total incurred

​

$

193,244

​

$

177,238

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​

​

​

​

​

​

Loss and LAE payments for claims incurred

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​

​

​

​

​

Current accident year

​

$

(10,045)

​

$

(9,827)

Prior accident years

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​

(135,794)

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​

(115,040)

Total paid

​

$

(145,839)

​

$

(124,867)

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​

​

​

​

​

​

Net unpaid losses and LAE at March 31,

​

$

2,187,426

​

$

1,990,416

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​

​

​

​

​

​

Unpaid losses and LAE at March 31,

​

​

​

​

​

​

Gross

​

$

2,927,929

​

$

2,743,245

Ceded

​

​

(740,503)

​

​

(752,829)

Net

​

$

2,187,426

​

$

1,990,416