Company: KG
Filing Date: 2025-11-05
Form Type: 10-Q
Source: 0001628280-25-049606
Chunk: 30

Company: Kestrel Group Ltd
Filing Date: 2025-11-05
Form: 10-Q
Item: Item 1
Chunk 30
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 ReinsuranceProgram ServicesTotalRestricted cash and cash equivalents and investments$— $4,286 $4,286 Other assets(1)— 968 968 Total assets - reportable segments— 5,254 5,254 Corporate assets— — 256 Total Assets$— $5,254 $5,510 (1) Other assets for the Program Services segment is entirely comprised of Program fee receivables related to written premiums that are still unpaid at the reporting date.  Unpaid amount are generally paid with 30-60 days after inception of the policy unless the program allows for premiums to be paid on installments.  Other assets also includes fees due from Programs for contractual arrangements with minimum annual fees.  Kestrel amortizes the minimum fee over the contract period.The financial information relating to net premiums written by major line of business within the Legacy Reinsurance segment for the three and nine months ended September 30, 2025 are detailed below: For the Three Months Ended September 30,2025Net premiums writtenTotalDiversified Legacy Reinsurance$3,587 AmTrust Legacy Reinsurance308 Legacy Reinsurance Segment$3,895 For the Nine Months Ended September 30,2025Net premiums writtenTotalDiversified Legacy Reinsurance$4,967 AmTrust Legacy Reinsurance23 Legacy Reinsurance Segment(1)$4,990 (1) Legacy Reinsurance segment results only include the post-combination period of May 28, 2025 to September 30, 2025.

 21

KESTREL GROUP LTD NOTES TO CONDENSED CONSOLIDATED FINANCIAL STATEMENTS (Unaudited)(in thousands of U.S. dollars, except share and per share data)

3. Segment Information (continued)The financial information for net premiums earned by major line of business within the Legacy Reinsurance segment for the three and nine months ended September 30, 2025 are detailed below: For the Three Months Ended September 30,2025Net premiums earnedTotalDiversified Legacy Reinsurance$3,876 AmTrust Legacy Reinsurance2,960 Legacy Reinsurance Segment$6,836 For the Nine Months Ended September 30,2025Net premiums earnedTotalDiversified Legacy Reinsurance$5,266 AmTrust Legacy Reinsurance3,992 Legacy Reinsurance Segment(1)$9,258 (1) Legacy Reinsurance segment results only include the post-comb