Company: TIPT
Filing Date: 2025-03-03
Form Type: 10-K
Source: 0001393726-25-000028
Chunk: 170

Company: TIPTREE INC.
Filing Date: 2025-03-03
Form: 10-K
Item: Item 8
Chunk 170
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 Less: investment expenses7,475 6,534 6,567 Net investment income$32,976 $26,674 $12,219 Other Investment Income - Tiptree Capital Other investment income represents revenue from non-insurance activities as disclosed within other revenue on the consolidated statements of operations, see Note (16) Other Revenue and Other Expenses. The following tables present the components of other investment income by type:For the Year Ended December 31,202420232022Interest income from Loans, at fair value (1)$3,876 $3,111 $5,384 Loan fee income (1)18,775 16,449 18,132 Other3,222 4,703 30,144 Other investment income$25,873 $24,263 $53,660 (1)          Includes income related to Loans at fair value classified as Held for Sale for the periods prior to July 1, 2022.Net Realized and Unrealized Gains (Losses)The following table presents the components of net realized and unrealized gains (losses) recorded on the consolidated statements of operations. Net unrealized gains (losses) on AFS securities are included within other comprehensive income (loss) (OCI), net of tax, and, as such, are not included in this table. Net realized and unrealized gains (losses) on non-investment related financial assets and liabilities are included below:For the Year Ended December 31,202420232022Net realized gains (losses)Insurance:Reclass of unrealized gains (losses) on AFS securities from OCI $(494)$(2,830)$1,359 Net gains from recoveries (credit losses) on AFS securities— 106 55 Net realized gains (losses) on loans 58 (2,826)(1,505)

F-31

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

Net realized gains (losses) on equity securities (1)(8,352)(2,937)(4,231)Net realized gains (losses) on corporate bonds3,419 (3,065)(3,542)Other (873)993 (2,432)Tiptree CapitalMortgage:Net realized gains (losses) on loans47,135 39,288