Quarterly
Annual
| Unit: USD | 2025-09-30 | 2025-06-30 | 2025-03-31 | 2024-12-31 | 2024-09-30 | 2024-06-30 | 2024-03-31 | 2023-12-31 | 2023-09-30 | 2023-06-30 | 2023-03-31 | 2022-12-31 | 2022-09-30 | 2022-06-30 | 2022-03-31 | 2021-12-31 | 2021-09-30 | 2021-06-30 | 2021-03-31 | 2020-12-31 | 2020-09-30 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
assets | |||||||||||||||||||||
investments: | |||||||||||||||||||||
fixed maturities available-for-sale, at fair value | 357,800,000 | 319,200,000 | 312,900,000 | 292,000,000 | 266,200,000 | 223,800,000 | 207,300,000 | 165,900,000 | 164,500,000 | 160,000,000 | 126,400,000 | 128,400,000 | 119,700,000 | 120,300,000 | 129,900,000 | 221,000,000 | |||||
short-term investments | 3,500,000 | 7,900,000 | 14,800,000 | 8,600,000 | 11,700,000 | 8,700,000 | 900,000 | 2,600,000 | 2,700,000 | 100,000 | 400,000 | 400,000 | 500,000 | 500,000 | 300,000 | 3,000,000 | 3,000,000 | 2,500,000 | |||
other investments | 4,400,000 | 4,400,000 | 4,400,000 | 4,400,000 | 4,400,000 | 4,400,000 | 4,400,000 | 4,400,000 | 4,400,000 | 4,400,000 | 4,400,000 | 4,400,000 | 4,400,000 | 4,400,000 | 4,400,000 | 4,700,000 | 1,300,000 | 800,000 | 500,000 | 500,000 | |
total investments | 362,200,000 | 327,100,000 | 325,200,000 | 311,200,000 | 279,200,000 | 239,900,000 | 220,400,000 | 171,200,000 | 171,500,000 | 167,100,000 | 130,900,000 | 133,200,000 | 124,500,000 | 125,200,000 | 134,000,000 | 134,600,000 | 132,100,000 | 135,500,000 | 139,800,000 | 224,500,000 | 224,500,000 |
cash and cash equivalents | 653,300,000 | 641,400,000 | 609,400,000 | 599,300,000 | 674,800,000 | 667,200,000 | 640,500,000 | 678,700,000 | 635,300,000 | 628,000,000 | 679,300,000 | 762,100,000 | 819,700,000 | 885,600,000 | 934,700,000 | 706,000,000 | 834,100,000 | 973,100,000 | 1,106,300,000 | 1,112,800,000 | 217,800,000 |
restricted cash | 1,100,000 | 1,100,000 | 1,100,000 | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 |
premiums receivable, net of allowance | 352,500,000 | 341,300,000 | 360,700,000 | 305,300,000 | 308,700,000 | 296,000,000 | 292,000,000 | 247,100,000 | 187,900,000 | 127,600,000 | 113,500,000 | 111,900,000 | 129,900,000 | 132,200,000 | 157,100,000 | 148,100,000 | 175,800,000 | 160,200,000 | 161,000,000 | 130,100,000 | 138,400,000 |
reinsurance recoverable and receivable, net of allowance | 142,300,000 | 145,500,000 | 157,800,000 | 150,600,000 | 160,600,000 | 156,800,000 | 147,100,000 | 125,300,000 | 137,700,000 | 130,200,000 | 129,400,000 | 148,800,000 | 136,000,000 | 158,100,000 | 159,400,000 | ||||||
prepaid reinsurance premiums | 11,700,000 | 14,900,000 | 20,800,000 | 25,100,000 | 37,800,000 | 48,400,000 | 50,200,000 | 48,200,000 | 36,100,000 | 73,700,000 | 74,100,000 | 74,200,000 | 86,200,000 | 91,800,000 | 106,700,000 | 100,800,000 | 114,700,000 | 111,500,000 | 101,300,000 | 112,800,000 | 119,100,000 |
other assets | 119,300,000 | 116,400,000 | 110,500,000 | 103,200,000 | 99,800,000 | 86,500,000 | 81,100,000 | 76,200,000 | 70,700,000 | 67,300,000 | 72,900,000 | 81,700,000 | 86,900,000 | 85,900,000 | 70,300,000 | 73,800,000 | 90,400,000 | 64,400,000 | 64,800,000 | 56,300,000 | 22,200,000 |
total assets | 1,642,400,000 | 1,587,700,000 | 1,585,500,000 | 1,495,700,000 | 1,561,900,000 | 1,495,800,000 | 1,432,300,000 | 1,347,700,000 | 1,240,200,000 | 1,194,900,000 | 1,201,100,000 | 1,312,900,000 | 1,384,200,000 | 1,479,800,000 | 1,563,200,000 | 1,319,300,000 | 1,524,500,000 | 1,587,700,000 | 1,704,200,000 | 1,762,300,000 | 838,500,000 |
liabilities, redeemable convertible preferred stock and stockholders’ equity | |||||||||||||||||||||
liabilities: | |||||||||||||||||||||
loss and loss adjustment expense reserves | 462,900,000 | 444,500,000 | 418,500,000 | 413,200,000 | 392,400,000 | 375,800,000 | 322,000,000 | 284,200,000 | 256,500,000 | 246,500,000 | 259,600,000 | 287,400,000 | 294,200,000 | 312,700,000 | 308,400,000 | 320,200,000 | 300,700,000 | 272,500,000 | 240,700,000 | 237,200,000 | 225,300,000 |
unearned premiums | 409,300,000 | 395,200,000 | 420,300,000 | 353,900,000 | 354,400,000 | 339,700,000 | 339,400,000 | 283,700,000 | 218,900,000 | 154,600,000 | 141,100,000 | 136,500,000 | 157,300,000 | 161,900,000 | 192,500,000 | 180,100,000 | 210,900,000 | 195,800,000 | 199,400,000 | 157,100,000 | 165,100,000 |
long-term debt and warrants | 200,400,000 | 200,100,000 | 200,000,000 | 200,100,000 | 300,900,000 | 300,100,000 | 299,300,000 | 299,000,000 | 298,300,000 | 297,400,000 | 296,300,000 | 295,400,000 | 293,900,000 | 292,300,000 | 290,800,000 | 201,700,000 | 197,100,000 | 192,200,000 | 188,200,000 | 220,000,000 | |
reinsurance premiums payable | 12,000,000 | 15,800,000 | 29,900,000 | 32,800,000 | 46,200,000 | 55,600,000 | 54,100,000 | 54,400,000 | 71,800,000 | 90,400,000 | 85,900,000 | 119,800,000 | 110,400,000 | 124,000,000 | 126,500,000 | 101,600,000 | 89,000,000 | 68,600,000 | 65,700,000 | 89,100,000 | 166,400,000 |
accounts payable and accrued expenses | 58,600,000 | 52,300,000 | 53,400,000 | 71,100,000 | 64,000,000 | 55,000,000 | 40,900,000 | 65,600,000 | 47,800,000 | 37,800,000 | 26,000,000 | 39,700,000 | 40,100,000 | 37,700,000 | 23,800,000 | 29,100,000 | 41,500,000 | 70,800,000 | 50,500,000 | 48,000,000 | 61,500,000 |
other liabilities | 122,200,000 | 123,300,000 | 122,700,000 | 108,900,000 | 110,100,000 | 106,300,000 | 98,900,000 | 83,100,000 | 57,800,000 | 41,800,000 | 36,500,000 | 45,000,000 | 45,400,000 | 51,200,000 | 40,500,000 | 39,900,000 | 44,700,000 | 20,900,000 | 21,400,000 | 10,300,000 | 10,200,000 |
total liabilities | 1,265,400,000 | 1,231,200,000 | 1,244,800,000 | 1,180,000,000 | 1,268,000,000 | 1,232,500,000 | 1,154,600,000 | 1,070,000,000 | 951,100,000 | 868,500,000 | 845,400,000 | 923,800,000 | 941,300,000 | 979,800,000 | 982,500,000 | 670,900,000 | 888,500,000 | 825,700,000 | 769,900,000 | 729,900,000 | 848,500,000 |
commitments and contingencies | |||||||||||||||||||||
redeemable convertible preferred stock | 112,000,000 | 112,000,000 | 112,000,000 | 112,000,000 | 112,000,000 | 112,000,000 | 112,000,000 | 112,000,000 | 112,000,000 | 112,000,000 | 112,000,000 | 112,000,000 | 112,000,000 | 112,000,000 | 112,000,000 | 112,000,000 | 560,400,000 | ||||
stockholders’ equity: | |||||||||||||||||||||
class a common stock | |||||||||||||||||||||
class b convertible common stock | |||||||||||||||||||||
additional paid-in capital | 1,908,400,000 | 1,883,700,000 | 1,891,500,000 | 1,887,900,000 | 1,883,800,000 | 1,881,500,000 | 1,890,400,000 | 1,883,400,000 | 1,874,900,000 | 1,865,700,000 | 1,857,100,000 | 1,850,700,000 | 1,838,200,000 | 1,829,000,000 | 1,818,500,000 | 1,806,100,000 | 1,794,400,000 | 1,786,900,000 | 1,780,600,000 | 1,775,600,000 | 39,500,000 |
accumulated other comprehensive income | 3,500,000 | 2,300,000 | 700,000 | 2,100,000 | -5,800,000 | -6,900,000 | -4,600,000 | -3,300,000 | 400,000 | 1,600,000 | 2,100,000 | 2,100,000 | 5,600,000 | 5,600,000 | |||||||
accumulated loss | -1,646,900,000 | -1,641,500,000 | -1,663,500,000 | -1,681,900,000 | -1,704,000,000 | -1,726,800,000 | -1,721,400,000 | -1,715,200,000 | -1,691,200,000 | -1,645,400,000 | -1,608,700,000 | -1,567,800,000 | -1,500,400,000 | -1,436,400,000 | -1,346,500,000 | -1,270,100,000 | -1,159,200,000 | -1,026,200,000 | -847,600,000 | -748,000,000 | -614,700,000 |
total stockholders’ equity | 265,000,000 | 244,500,000 | 228,700,000 | 203,700,000 | 181,900,000 | 151,300,000 | 165,700,000 | 165,700,000 | 177,100,000 | 214,400,000 | 243,700,000 | 277,100,000 | 330,900,000 | 388,000,000 | 468,700,000 | 536,400,000 | 636,000,000 | 762,000,000 | 934,300,000 | 1,032,400,000 | |
total liabilities, redeemable convertible preferred stock and stockholders’ equity | 1,642,400,000 | 1,587,700,000 | 1,585,500,000 | 1,495,700,000 | 1,561,900,000 | 1,495,800,000 | 1,432,300,000 | 1,347,700,000 | 1,240,200,000 | 1,194,900,000 | 1,201,100,000 | 1,312,900,000 | 1,384,200,000 | 1,479,800,000 | 1,563,200,000 | 1,319,300,000 | 1,762,300,000 | ||||
accumulated other comprehensive loss | -2,300,000 | -3,400,000 | -3,300,000 | -2,500,000 | -6,600,000 | -5,900,000 | -4,700,000 | ||||||||||||||
class b common stock | |||||||||||||||||||||
fixed maturities available-for sale, at fair value | 129,100,000 | 130,800,000 | 134,400,000 | 136,300,000 | 222,000,000 | ||||||||||||||||
reinsurance recoverable, net of allowance of 0.2 and zero at december 31, 2021 and december 31, 2020, respectively | 155,000,000 | ||||||||||||||||||||
treasury stock | -800,000 | -800,000 | -800,000 | -800,000 | -800,000 | ||||||||||||||||
reinsurance recoverable | 176,400,000 | 142,000,000 | 130,000,000 | 124,800,000 | 104,100,000 | ||||||||||||||||
liabilities and stockholders’ equity | |||||||||||||||||||||
preferred stock, 0.0001 par value, 100.0 shares authorized, zero shares issued and outstanding at september 30, 2021 and december 31, 2020, respectively | |||||||||||||||||||||
total liabilities and stockholders’ equity | 1,524,500,000 | 1,587,700,000 | 1,704,200,000 | ||||||||||||||||||
preferred stock, 0.0001 par value, 100.0 shares authorized, zero shares issued and outstanding at june 30, 2021 and december 31, 2020, respectively | |||||||||||||||||||||
preferred stock, 0.0001 par value, 100.0 shares authorized, zero shares issued and outstanding at march 31, 2021 and december 31, 2020, respectively | |||||||||||||||||||||
stockholders’ equity | |||||||||||||||||||||
fixed assets | 9,600,000 | ||||||||||||||||||||
deferred acquisition costs | 1,800,000 | ||||||||||||||||||||
liabilities, redeemable convertible preferred stock and stockholders’ deficit | |||||||||||||||||||||
stockholders’ deficit: | |||||||||||||||||||||
common stock | |||||||||||||||||||||
total stockholders’ deficit | -570,400,000 | ||||||||||||||||||||
total liabilities, redeemable convertible preferred stock and stockholders’ deficit | 838,500,000 |
The information provided in this report is taken from www.sec.gov and many other data providers. While we have conducted our best efforts to ensure that the parsed data is accurate, we cannot guarantee its accuracy. Please use caution and understand that any consequences of its use are your own responsibility.
