Company: TIPT
Filing Date: 2025-07-30
Form Type: 10-Q
Source: 0001393726-25-000076
Chunk: 187

Company: TIPTREE INC.
Filing Date: 2025-07-30
Form: 10-Q
Item: Part II, Item 8
Chunk 187
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 30, 2025(in thousands, except share data)

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 June 30, 2025Losses and LAE IncurredLife insurance$9,453 $5,764 $2 $3,691 0.1 %Accident and health insurance4,795 3,776 6,417 7,436 86.3 %Property and liability insurance270,965 168,849 84,628 186,744 45.3 %Total losses and LAE incurred$285,213 $178,389 $91,047 $197,871 46.0 %Member benefit claims (1)28,601 Total policy and contract benefits$226,472 Three Months Ended June 30, 2024Losses and LAE IncurredLife insurance$10,293 $5,513 $10 $4,790 0.2 %Accident and health insurance5,363 2,908 9,614 12,069 79.7 %Property and liability insurance248,541 138,287 78,146 188,400 41.5 %Total losses and LAE incurred$264,197 $146,708 $87,770 $205,259 42.8 %Member benefit claims (1)28,716 Total policy and contract benefits$233,975 Six Months Ended June 30, 2025Losses and LAE IncurredLife insurance$19,753 $11,900 $2 $7,855 — %Accident and health insurance9,810 7,781 6,416 8,445 76.0 %Property and liability insurance512,866 353,559 202,112 361,419 55.9 %Total losses and LAE incurred$542,429 $373,240 $208,530 $377,719 55.2 %Member benefit claims (1)58,066 Total policy and contract benefits$435,785 Six Months Ended June 30, 2024Losses and LAE Incurred