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Consolidated Statements of Total Comprehensive Income - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2025
Jun. 30, 2024
Jun. 30, 2025
Jun. 30, 2024
Net Investment Income [Abstract]        
Interest Income, Debt Securities, Available-for-Sale, Operating $ 2,609 $ 4,149 $ 5,503 $ 7,818
Investment income 2,609 3,763 5,424 7,403
Realized Investment Gains (Losses) 2 4,535 (1) 4,536
Credit Risk Derivatives, at Fair Value, Net [Abstract]        
Insurance Commissions and Fees 30,322 13,221 67,093 30,950
Other Operating Income (Expense), Net (2,146) 3,671 (3,270) 3,707
Total revenues and other income 54,957 51,037 117,713 100,588
Policyholder Benefits and Claims Incurred, Net 10,978 23,024 21,474 42,379
Expenses:        
Intangible amortization 9,301 1,139 18,064 2,278
General and Administrative Expense 40,540 27,861 79,071 45,436
Interest 5,570 0 11,024 0
Total expenses 77,931 65,786 155,794 118,576
Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest (22,974) (14,749) (38,081) (17,988)
Provision (benefit) for income taxes from continuing operations (2,172) (30) (2,789) 100
Net Income (Loss) Attributable to Nonredeemable Noncontrolling Interest 254 (213) (1,400) (914)
Net Income (Loss), Including Portion Attributable to Noncontrolling Interest (20,802) (14,719) (35,292) (18,088)
Net income (loss) attributable to shareholders (72,699) (750) (119,090) 19,320
Other Comprehensive Income (Loss), Net of Tax [Abstract]        
Net Income (Loss), Including Portion Attributable to Noncontrolling Interest (20,802) (14,719) (35,292) (18,088)
Other Comprehensive Income (Loss), Securities, Available-for-Sale, Unrealized Holding Gain (Loss) Arising During Period, after Tax (4,647) 3,870 13,959 (3,147)
Other Comprehensive Income (Loss), Foreign Currency Transaction and Translation Adjustment, Net of Tax 97,484 1,268 133,704 (6,502)
Other Comprehensive Income (Loss), Financial Liability, Fair Value Option, Unrealized Gain (Loss) Arising During Period, after Tax 144 (103) 586 (356)
Other Comprehensive (Income) Loss, Defined Benefit Plan, after Reclassification Adjustment, after Tax 0 (4,559) 0 (4,939)
Total other comprehensive income (loss), net of income tax 92,981 476 148,249 (14,944)
Total comprehensive income (loss), net of income tax 20,028 (60) 30,559 5,291
Total comprehensive income (loss) attributable to shareholders (1,293) (273) 3,332 4,378
Other Comprehensive Income (Loss), Net of Tax, Portion Attributable to Noncontrolling Interest $ 254 $ (213) $ (1,400) $ (914)
Earnings Per Share, Basic $ (1.54) $ (0.02) $ (2.75) $ 0.42
Earnings Per Share, Diluted $ (1.54) $ (0.02) $ (2.75) $ 0.42
Weighted Average Number of Shares Outstanding, Basic 48,116,503 46,209,250 47,738,050 46,019,145
Weighted Average Number of Shares Outstanding, Diluted 48,116,503 46,209,250 47,738,050 46,019,145
Premiums Earned, Net $ 16,203 $ 27,054 $ 31,881 $ 52,633
Contractually Specified Servicing Fee, Late Fee, and Ancillary Fee Earned in Exchange for Servicing Financial Asset 3,497 3,328 7,149 5,895
Deferred Policy Acquisition Costs, Amortization Expense 3,699 5,399 7,540 9,823
General and Administrative Expense 40,540 27,861 79,071 45,436
Insurance Commissions 7,403 7,888 17,768 17,710
Other Comprehensive Income (Loss), Foreign Currency Transaction and Translation Adjustment, Net of Tax, Portion Attributable to Noncontrolling Interest (21,575) 0 (25,827) 0
Depreciation 440 475 853 947
Income (Loss) from Discontinued Operations, Net of Tax, Attributable to Parent (52,151) 14,182 (82,398) 38,322
Net income attributable to common shareholders (72,699) (750) (119,090) 19,320
Net Income (Loss) from Continuing Operations Available to Common Shareholders, Basic (20,548) (14,932) (36,692) (19,002)
Net Income (Loss) from Discontinued Operations Available to Common Shareholders, Basic $ (52,151) $ 14,182 $ (82,398) $ 38,322
Income (Loss) from Continuing Operations, Per Basic Share $ (0.45) $ (0.33) $ (1.03) $ (0.42)
Income (Loss) from Continuing Operations, Per Diluted Share (0.45) (0.33) (1.03) (0.42)
Income (Loss) from Discontinued Operations and Disposal of Discontinued Operations, Net of Tax, Per Basic Share (1.08) 0.31 (1.73) 0.83
Income (Loss) from Discontinued Operations and Disposal of Discontinued Operations, Net of Tax, Per Diluted Share $ (1.08) $ 0.31 $ (1.73) $ 0.83
Net Income (Loss) Available to Common Stockholders, Basic $ (72,699) $ (750) $ (119,090) $ 19,320
Fee Income 4,472 0 9,436 0
Depreciation, Depletion and Amortization 9,741 1,614 18,917 3,228
Net Income (Loss) Attributable to Noncontrolling Interest (72,953) (537) (117,690) 20,234
Unrealized (loss) gain on securities, taxes 503 (197) 1,148 414
Gain (loss) on foreign currency translation, taxes 0 0 0 0
Other Comprehensive Income (Loss), Financial Liability, Fair Value Option, after Reclassification Adjustment, Tax 48 (34) 195 (118)
Other Comprehensive Income (Loss), Pension and Other Postretirement Benefit Plans, Plan Amendments, Tax Effect 0 0 0 0
Income (Loss) from Continuing Operations, Net of Tax, Attributable to Noncontrolling Interest (20,802) (14,719) (35,292) (18,088)
Discontinued Operation, Income (Loss) from Discontinued Operation During Phase-out Period, Net of Tax (52,151) 14,182 (82,398) 38,322
Discontinued Operations, Held-for-Sale or Disposed of by Sale | Ambac Assurance Corporation [Member]        
Discontinued Operation, Gain (Loss) on Disposal of Discontinued Operation, Net of Tax     637,601  
Discontinued Operation, Income (Loss) from Discontinued Operation During Phase-out Period, Net of Tax $ (52,960) $ 0 $ (67,456) $ 0