Company: TIPT
Filing Date: 2025-03-03
Form Type: 10-K
Source: 0001393726-25-000028
Chunk: 167

Company: TIPTREE INC.
Filing Date: 2025-03-03
Form: 10-K
Item: Item 8
Chunk 167
---
 accounts. The Company cannot remove or replace investments in regulatory deposit accounts without prior approval of the contractual party or regulatory authority, as applicable. The following table presents the Company’s restricted investments included in the Company’s AFS securities:

F-28

TIPTREE INC. AND SUBSIDIARIESNotes to Consolidated Financial StatementsDecember 31, 2024(in thousands, except share data)

As of December 31,20242023Fair value of restricted investments in trust pursuant to reinsurance agreements$16,503 $49,735 Fair value of restricted investments for special deposits required by state insurance departments28,980 16,694 Total fair value of restricted investments$45,483 $66,429 The following table presents additional information on the Company’s AFS securities:For the Year Ended December 31,202420232022Purchases of AFS securities$703,855 $622,045 $233,541 Proceeds from maturities, calls and prepayments of AFS securities$345,504 $370,586 $77,703 Gross proceeds from sales of AFS securities$50,811 $89,906 $63,066 The following table presents the gross realized gains and gross realized losses from sales and redemptions of AFS securities: For the Year Ended December 31,202420232022Gross realized gains$529 $225 $1,543 Gross realized (losses)$(1,023)(3,056)(184)Total net realized gains (losses) from investment sales and redemptions$(494)$(2,831)$1,359 

F-29

TIPTREE INC. AND SUBSIDIARIESNotes to Consolidated Financial StatementsDecember 31, 2024(in thousands, except share data)

Loans, at fair valueThe following table presents the Company’s investments in loans measured at fair value and the Company’s investments in loans measured at fair value pledged as collateral:As of December 31, 2024As of December 31, 2023Fair valueUnpaid principal balance (UPB)Fair value exceeds / (below) UPBPledged as collateralFair valueUnpaid principal balance (UPB)Fair value exceeds / (below) UPBPledged as collateralInsurance:Corporate loans (1)$10,272 $12,927 $(2,655)$— $11,218 $14,671 $(3