Estimated title losses

3 Months Ended

Mar. 31, 2026

Loss Contingency [Abstract]

Estimated title losses

Estimated title losses. A summary of estimated title losses for the three months ended March 31 is as follows:

	2026		2025
	(in $ thousands)
Balances at January 1	524,473		511,534
Provisions:
Current year	17,854		17,318
Previous policy years	588		384
Total provisions	18,442		17,702
Payments, net of recoveries:
Current year	(2,274)		(3,833)
Previous policy years	(22,191)		(15,206)
Total payments, net of recoveries	(24,465)		(19,039)
Effects of changes in foreign currency exchange rates	(1,674)		593
Balances at March 31	516,776		510,790
Loss ratios as a percentage of title operating revenues:
Current year provisions	3.0	%	3.5	%
Total provisions	3.1	%	3.5	%