Company: TIPT
Filing Date: 2025-04-30
Form Type: 10-Q
Source: 0001393726-25-000055
Chunk: 3

Company: TIPTREE INC.
Filing Date: 2025-04-30
Form: 10-Q
Item: Part I, Item 8
Chunk 3
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 (loss) before taxes for our reportable segments and other business activities for the following periods: As of March 31, 2025InsuranceMortgageSegments subtotalOtherCorporateTotalTotal assets$5,493,098$214,697$5,707,795 $90,773$20,924 $5,819,492 Three Months Ended March 31, 2025InsuranceMortgageSegments subtotalOtherCorporateTotalRevenues:Earned premiums, net$363,437$—$363,437$—$—$363,437Service and administrative fees97,298—97,298——97,298Ceding commissions3,633—3,633——3,633Net investment income11,729—11,729——11,729Net realized and unrealized gains (losses)(3,419)9,5106,091740—6,831Other revenue7,9035,66913,572926—14,498Total revenues480,58115,179$495,7601,666—497,426Expenses:Policy and contract benefits209,313—209,313——209,313Commission expense151,600—151,600——151,600Employee compensation and benefits36,4359,31645,7511029,23155,084Interest expense8,8863029,188—1,17210,360Depreciation and amortization4,450744,524—3574,881Other expenses31,8435,69737,5401,3801,91840,838Total expense442,52715,389457,9161,48212,678472,076Income (loss) before taxes38,054(210)37,844184(12,678)25,350Less: provision (benefit) for income taxes12,382Net income (loss)12,968Less: net income (loss) attributable to non-controlling interests7,333Net income (loss) attributable to common stockholders$5,635

F-11

TIPTREE INC. AND SUBSIDIARIESNotes to Condensed Consolidated Financial StatementsMarch 31, 2025(in thousands, except share data)

As of December 31, 2024InsuranceMortgageSegments subtotalOtherCorporateTotalTotal assets$5,432,987 $202,664$5,635,651$36,818$22,320$5,694,789Three Months Ended March