| Metric | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 |
|---|---|---|---|---|---|---|---|---|
| Gross premiums written | $773.3M+10.7% | $698.3M+9.7% | $636.8M+13.1% | $563.2M-0.4% | $565.4M+17.8% | $479.8M-8.4% | $524.0M-7.7% | $567.5M |
| Gross premiums ceded | -$81.9M-6.2% | -$77.1M-80.2% | -$42.8M-27.9% | -$33.4M-81434.1% | -$41K+98.2% | -$2.3M+95.3% | -$48.7M+52.7% | -$102.8M |
| Net premiums written | $691.4M+11.3% | $621.3M+4.6% | $594.0M+12.1% | $529.7M-6.3% | $565.4M+18.4% | $477.5M+0.5% | $475.3M+2.3% | $464.7M |
| Change in net unearned premium reserves | -$30.3M-2208.5% | -$1.3M+88.0% | -$10.9M+81.9% | -$60.3M-131.1% | -$26.1M-17.9% | -$22.1M-367.4% | $8.3M-81.0% | $43.6M |
| Net premiums earned | $661.1M+6.6% | $620.0M+6.3% | $583.1M+24.2% | $469.5M-12.9% | $539.3M+18.4% | $455.4M-5.8% | $483.6M-4.9% | $508.4M |
| Income from investment in related party investment fund (see Note $3 ) | $35.7M+6.3% | $33.6M+17.1% | $28.7M-47.7% | $54.8M+203.2% | $18.1M | — | — | — |
| Net investment income | $24.5M-46.8% | $46.0M+5.9% | $43.4M+419.9% | $8.3M-74.0% | $32.1M+52.0% | $21.1M+239.7% | $6.2M+102.4% | -$262.5M |
| Foreign exchange gains (losses) | $8.5M+251.0% | -$5.6M-148.5% | $11.6M+293.2% | -$6.0M-288.8% | -$1.5M | — | — | — |
| Other income | $0-100.0% | $2.1M+699.6% | $265K | $0-100.0% | $660K-79.0% | $3.1M+36.6% | $2.3M+203.5% | -$2.2M |
| Total revenues | $729.8M+4.8% | $696.0M+4.3% | $667.1M+26.7% | $526.7M-10.5% | $588.6M+21.6% | $484.1M-10.0% | $538.2M+194.0% | $183.0M |
| Net loss and loss adjustment expenses incurred | $411.6M-3.7% | $427.3M+18.7% | $360.0M+13.8% | $316.5M-15.6% | $375.0M+11.0% | $337.8M-13.0% | $388.5M+6.8% | $363.9M |
| Acquisition costs | $184.9M+4.6% | $176.8M+4.7% | $168.9M+18.0% | $143.1M-1.3% | $145.0M+32.6% | $109.3M-6.7% | $117.1M-19.5% | $145.5M |
| Underwriting expenses | $28.6M+25.2% | $22.9M+16.7% | $19.6M+41.8% | $13.8M | — | — | — | — |
| Corporate and other expenses | $21.6M+31.9% | $16.4M-30.8% | $23.7M+32.9% | $17.8M | — | — | — | — |
| Deposit interest expense | $421K-87.4% | $3.3M+24.6% | $2.7M-60.0% | $6.7M-42.4% | $11.7M | $0 | $0 | — |
| Interest expense | $4.4M-25.2% | $5.8M+9.2% | $5.3M+27.2% | $4.2M-32.9% | $6.3M-0.3% | $6.3M+0.3% | $6.3M+150.0% | $2.5M |
| Total expenses | $651.5M-0.2% | $652.5M+12.5% | $580.2M+15.5% | $502.2M-11.5% | $567.2M+18.2% | $479.8M-11.4% | $541.7M+0.9% | $537.0M |
| Income before income tax | $78.3M+79.8% | $43.6M-49.9% | $86.9M+254.4% | $24.5M+15.0% | $21.3M+397.1% | $4.3M+222.5% | -$3.5M+99.0% | -$354.0M |
| Income tax expense | -$3.5M-364.5% | -$749K-649.0% | -$100K-112.3% | $816K+121.8% | -$3.7M-783.5% | -$424K+12.2% | -$483K-45.5% | -$332K |
| Net income | $74.8M+74.8% | $42.8M-50.7% | $86.8M+242.6% | $25.3M+44.2% | $17.6M+354.7% | $3.9M+197.0% | -$4.0M+98.9% | -$350.1M |
| Basic (in dollars per share) | $2210.00+75.4% | $1260.00-50.6% | $2550.00+240.0% | $750.00+47.1% | $510.00+363.6% | $110.00+200.0% | -$110.00+98.9% | -$9740.00 |
| Diluted (in dollars per share) | $2170.00+75.0% | $1240.00-50.4% | $2500.00+242.5% | $730.00+43.1% | $510.00+363.6% | $110.00+200.0% | -$110.00+98.9% | -$9740.00 |
| Basic (in shares) | 33.82B-0.8% | 34.10B+0.1% | 34.07B+0.5% | 33.91B-0.9% | 34.20B-5.4% | 36.17B+0.3% | 36.08B+0.4% | 35.95B |
| Diluted (in shares) | 34.50B-0.4% | 34.65B-0.4% | 34.80B-12.5% | 39.77B+15.8% | 34.35B-5.3% | 36.28B+0.6% | 36.08B+0.4% | 35.95B |
Source: SEC EDGAR XBRL. % change vs prior period shown where available.
Source: SEC EDGAR 10-K and 10-Q filings. Up to 10 years annual / 16 quarters shown.