Company: TIPT
Filing Date: 2025-04-30
Form Type: 10-Q
Source: 0001393726-25-000055
Chunk: 14

Company: TIPTREE INC.
Filing Date: 2025-04-30
Form: 10-Q
Item: Part I, Item 8
Chunk 14
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 $82 $9,507 0.9 %Accident and health insurance31,417 21,156 52 10,313 0.5 %Property and liability insurance503,540 300,911 140,988 343,617 41.0 %Total premiums earned$554,263 $331,948 $141,122 $363,437 38.8 %Three Months Ended March 31, 2024Premiums written:Life insurance$17,344 $8,935 $231 $8,640 2.7 %Accident and health insurance29,978 20,101 415 10,292 4.0 %Property and liability insurance409,785 222,664 112,098 299,219 37.5 %Total premiums written$457,107 $251,700 $112,744 $318,151 35.4 %Premiums earned:Life insurance$20,693 $10,621 $214 $10,286 2.1 %Accident and health insurance34,070 23,081 418 11,407 3.7 %Property and liability insurance400,830 215,897 140,684 325,617 43.2 %Total premiums earned$455,593 $249,599 $141,316 $347,310 40.7 %The following table presents the components of policy and contract benefits, including the effect of reinsurance on losses and loss adjustment expenses (LAE) incurred:Direct AmountCeded to Other CompaniesAssumed from Other CompaniesNet AmountPercentage of Amount - Assumed to NetThree Months Ended March 31, 2025Losses and LAE IncurredLife insurance$10,300 $6,136 $— $4,164 — %Accident and health insurance5,015 4,005 (1)1,009 (0.1)%Property and liability insurance241,901 184,710 117,484 174,675 67.3 %Total losses and LAE incurred$257,216 $194,851 $117,483 $179,848 65.3 %Member benefit claims (1)29,465 Total policy and contract benefits$209,313 

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