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Operating Segment Information - Operating Results by Segment (Details) - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2024
Dec. 31, 2023
Dec. 31, 2022
Revenue      
Net premiums earned $ 1,526,406 $ 1,294,306 $ 1,144,436
Net investment income 142,278 120,383 86,078
Net realized gains 19,966 32,518 588,515
Net unrealized gains (losses) on equity securities 81,734 64,787 (121,037)
Consolidated revenue 1,770,384 1,511,994 1,697,992
Less: Expenses      
Losses and settlement expenses 739,253 604,413 514,376
Insurance operating expenses 112,460 98,383 82,212
Earnings before income taxes 427,551 377,265 720,678
Reconciliation of earnings before income taxes      
Net investment income 142,278 120,383 86,078
Net realized gains 19,966 32,518 588,515
Net unrealized gains (losses) on equity securities 81,734 64,787 (121,037)
Interest expense on debt (6,331) (7,301) (8,047)
General corporate expense (15,880) (15,917) (12,900)
Equity in earnings of unconsolidated investees (4,869) 9,610 9,853
Casualty Segment      
Revenue      
Net premiums earned 852,837 758,346 711,832
Property Segment      
Revenue      
Net premiums earned 531,384 401,530 307,886
Surety Segment      
Revenue      
Net premiums earned 142,185 134,430 124,718
Operating Segments      
Less: Expenses      
Earnings before income taxes 210,653 173,185 178,216
Operating Segments | Casualty Segment      
Revenue      
Net premiums earned 852,837 758,346 711,832
Consolidated revenue 852,837 758,346 711,832
Less: Expenses      
Losses and settlement expenses 524,490 418,032 381,436
Amortization of deferred acquisition costs 161,532 138,968 126,048
Other policy acquisition costs 83,987 82,621 78,349
Insurance operating expenses 65,040 59,246 52,210
Earnings before income taxes 17,788 59,479 73,789
Reconciliation of earnings before income taxes      
Depreciation and amortization expense 5,705 5,991 4,961
Operating Segments | Property Segment      
Revenue      
Net premiums earned 531,384 401,530 307,886
Consolidated revenue 531,384 401,530 307,886
Less: Expenses      
Losses and settlement expenses 198,806 172,062 120,745
Amortization of deferred acquisition costs 108,235 94,173 67,450
Other policy acquisition costs 22,936 22,171 27,753
Insurance operating expenses 33,871 26,808 19,416
Earnings before income taxes 167,536 86,316 72,522
Reconciliation of earnings before income taxes      
Depreciation and amortization expense 1,924 1,807 1,653
Operating Segments | Surety Segment      
Revenue      
Net premiums earned 142,185 134,430 124,718
Consolidated revenue 142,185 134,430 124,718
Less: Expenses      
Losses and settlement expenses 15,957 14,319 12,195
Amortization of deferred acquisition costs 48,254 42,754 38,907
Other policy acquisition costs 39,096 37,638 31,125
Insurance operating expenses 13,549 12,329 10,586
Earnings before income taxes 25,329 27,390 31,905
Reconciliation of earnings before income taxes      
Depreciation and amortization expense 991 1,648 1,705
Corporate      
Revenue      
Net investment income 142,278 120,383 86,078
Net realized gains 19,966 32,518 588,515
Net unrealized gains (losses) on equity securities 81,734 64,787 (121,037)
Reconciliation of earnings before income taxes      
Net investment income 142,278 120,383 86,078
Net realized gains 19,966 32,518 588,515
Net unrealized gains (losses) on equity securities 81,734 64,787 (121,037)
Interest expense on debt (6,331) (7,301) (8,047)
General corporate expense (15,880) (15,917) (12,900)
Equity in earnings of unconsolidated investees $ (4,869) $ 9,610 $ 9,853