Company: TIPT
Filing Date: 2025-10-31
Form Type: DEFM14A
Source: 0001140361-25-039949
Chunk: 312

Company: TIPTREE INC.
Filing Date: 2025-10-31
Form: DEFM14A
Chunk 312
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 Company’s condensed consolidated statements of operations and condensed consolidated balance sheets:

|                      |     | Three Months Ended 
      September 30, |     |      |     | Nine Months Ended 
     September 30, |     |        |
|                      |     |               2025 |     | 2024 |     |              2025 |     |   2024 |
| Earned premiums, net |     |               $557 |     | $892 |     |            $1,050 |     | $2,648 |

|                         |     |         As of 
 September 30, 
          2025 |     | December 31, 
         2024 |
|:------------------------|:----|--------------:|:----|-------------:|
| Reinsurance recoverable |     |       $37,328 |     |      $41,473 |

Warburg is a related party of Fortegra due to its level of ownership of Fortegra’s Common Stock. Fortegra has arrangements with certain Warburg portfolio companies for which they have a controlling interest. These consist of the following: K2 Insurance Services, LLC, McGill Global Risk Solutions LLC, Mariner Finance, LLC, and A-LIGN Compliance and Securities, Inc. Income (loss) before taxes related to these portfolio companies were $2.5 million, $(1.2) million, $1.9 million and $— million, respectively, for the nine months ended September 30, 2025, and $5 million, $(0.1) million, $1.2 million, and $— million, respectively, for the nine months ended September 30, 2024. Income (loss) before taxes related to these portfolio companies were $1.3 million, $(0.3) million, $0.6 million, and $— million, respectively, for the three months ended September 30, 2025, and $2.1 million, $— million, $0.5 million and $— million, respectively, for the three months ended September 30, 2024. (21) Subsequent Events The Company reviewed all material events subsequent to September 30, 2025 that occurred up to the date the Company’s unaudited condensed consolidated financial statements were issued on October 31, 2025. On September 26, 2025, Tiptree entered into an agreement with DB Insurance Co., Ltd. (incorporated and existing under the laws of