Company: TIPT
Filing Date: 2025-03-03
Form Type: 10-K
Source: 0001393726-25-000028
Chunk: 163

Company: TIPTREE INC.
Filing Date: 2025-03-03
Form: 10-K
Item: Item 8
Chunk 163
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 net of allowance for credit losses$1,097,057 $— $10,872 $1,107,929 Loans, at fair value10,272 71,058 — 81,330 Equity securities104,468 — 4,152 108,620 Other investments49,983 3,101 — 53,084 Total investments$1,261,780 $74,159 $15,024 $1,350,963 As of December 31, 2023Tiptree CapitalInsuranceMortgageOtherTotalAvailable for sale securities, at fair value, net of allowance for credit losses$772,135 $— $30,474 $802,609 Loans, at fair value11,218 58,338 — 69,556 Equity securities27,113 — 41,195 68,308 Other investments106,760 3,931 397 111,088 Total investments$917,226 $62,269 $72,066 $1,051,561 Available for Sale Securities, at fair valueA majority of the Company’s investments in Available for Sale Securities, at fair value, net of allowance for credit losses (AFS securities) as of December 31, 2024 and 2023 are held by subsidiaries in the insurance segment. The following tables present the Company’s investments in AFS securities:As of December 31, 2024Amortized costAllowance for credit losses(1)Grossunrealized gainsGrossunrealized lossesFair valueU.S. Treasury securities and obligations of U.S. government authorities and agencies$426,002 $— $611 $(30,970)$395,643 Obligations of state and political subdivisions41,593 (1)— (2,917)38,675 Corporate securities605,517 (3,157)3,177 (7,403)598,134 Asset backed securities25,455 (68)4 (2,531)22,860 Certificates of deposit1,145 — — — 1,145 Obligations of foreign governments51,857 (1)— (384)51,472 Total$1,151,569 $(3,227)$3,792 $(44,205)$1,107