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Consolidated Balance Sheets - USD ($)
$ in Thousands
Dec. 31, 2025
Dec. 31, 2024
Assets:    
Available-for-sale Securities $ 122,295 $ 157,020
Short-term Investments 146,442 127,601
Other Investments 24,971 28,294
Investments, Total 293,708 312,915
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents 68,440 47,275
Premiums Receivable, Net 75,085 57,222
Receivables, Net, Current 86,549 55,377
Reinsurance Recoverables, Including Reinsurance Premium Paid 436,092 306,191
Deferred ceded premium 146,365 148,300
Deferred Policy Acquisition Cost 9,732 8,572
Intangible assets, less accumulated amortization 474,998 344,775
Goodwill 540,345 418,234
Other assets 92,003 92,317
Disposal Group, Including Discontinued Operation, Assets 0 6,267,200
Total assets 2,223,317 8,058,378
Liabilities:    
Unearned premiums 187,178 182,446
Liability for Claims and Claims Adjustment Expense 459,990 349,062
Ceded premiums payable 80,561 53,002
Capitalized Contract Cost, Net 6,978 7,500
Accrued Liabilities for Commissions, Expense and Taxes 115,555 71,431
Deferred Income Tax Liabilities, Net 65,217 70,135
Short-Term Debt 0 150,000
Long-term debt 117,558 0
Accrued interest payable 1,343 2,560
Other liabilities 102,771 89,036
Total liabilities held-for-sale 0 5,887,685
Liabilities 1,137,151 6,862,857
Redeemable noncontrolling interest 252,981 199,402
Stockholders’ equity:    
Preferred Stock, Value, Issued 0 0
Common Stock, Value, Issued 489 489
Additional paid-in capital 369,860 331,007
Accumulated other comprehensive income (loss) 8,483 (188,436)
Retained earnings 370,431 683,643
Treasury Stock, Value (33,473) (28,339)
Total Octave Specialty Group, Inc. stockholders’ equity 715,790 798,364
Nonredeemable noncontrolling interest 117,395 197,755
Total stockholders’ equity 833,185 996,119
Total liabilities, redeemable noncontrolling interest and stockholders’ equity $ 2,223,317 $ 8,058,378