|
24
],
"heading": "Deferred policy acquisition costs, Reserve for losses and loss adjustment expenses, Unearned premiums by year",
"heading": "Insurance operations",
"tags": [],
"links": [
"Net written premiums"
],
"content": "**InsuranceDeferred operationspolicy acquisition costs, Reserve for losses and loss adjustment expenses, Unearned premiums by year (As of and Years Ended December 31,)**\n\n| ($ in thousands) | 2023 | 2022 |\n| --- | --- | --- |\n| Deferred policy acquisition costs | 91,955 | 68,938 |\n| Reserve for losses and loss adjustment expenses | 1,314,501 | 1,141,757 |\n| Unearned premiums | 552,532 | 442,509 |\n| Net earned premium (1) | 829,143 | 615,994 |\n| Net investment income | 40,322 | 36,931 |\n| Losses and loss adjustment expenses (current year) (1) | 516,664 | 393,939 |\n| Losses and loss adjustment expenses (prior years) (1)(2) | — | 14,385 |\n| Amortization of policy acquisition costs (1) | 108,514 | 65,695 |\n| Paid claims and claim adjustment expenses (1) | 363,418 | 300,764 |\n| Net premiums written (Net written premiums) (1) | 910,691 | 675,543 |\n| Ceded unearned premium | 186,121 | 157,645 |\n| Deferred ceding commission | 37,057 | 29,849 |\n\n(1) Amount is presented net of reinsurance.\n(2) Amount does not include gain on retroactive reinsurance which is included in losses and loss adjustment expenses presented on the Consolidated Statements of Operations.\n\n=== SIGNATURES ==="
},
{
|