XML 124 R109.htm IDEA: XBRL DOCUMENT v3.22.4
Income Taxes - Components of deferred tax assets and liabilities (Details) - USD ($)
$ in Thousands
Dec. 31, 2022
Dec. 31, 2021
Deferred income tax assets:    
Net operating loss $ 76,665 $ 87,960
Discounting of net loss reserves 77,556 72,001
Net unearned premium reserve 96,581 75,483
Compensation liabilities 55,269 28,062
Foreign tax credit carryforward 16,738 20,058
Bad debt reserves 17,365 10,252
Depreciation and amortization 141,409 115,041
Lease liability 26,681 21,453
Net unrealized decline of investments 192,949 0
Lloyds year of account deferral 1,385 0
Other, net 14,450 703
Deferred tax assets before valuation allowance 717,048 431,013
Valuation allowance (6,968) (43,953)
Deferred tax assets net of valuation allowance 710,080 387,060
Deferred income tax liabilities:    
Deposit accounting liability (2,658) (1,578)
Goodwill and intangibles (38,905) (70,549)
Lloyds year of account deferral 0 (12,514)
Contingency reserve (43,870) (49,486)
Deferred policy acquisition costs (63,708) (25,612)
Investment related (9,225) (7,492)
Net unrealized appreciation of investments 0 (8,377)
Right-of-use asset (20,781) (17,406)
Total deferred tax liabilities (179,147) (193,014)
Net deferred income tax assets $ 530,933 $ 194,046