Company: TIPT
Filing Date: 2025-07-30
Form Type: 10-Q
Source: 0001393726-25-000076
Chunk: 143

Company: TIPTREE INC.
Filing Date: 2025-07-30
Form: 10-Q
Item: Part I, Item 8
Chunk 143
---
 Prepaid Reinsurance Premiums and Note (12) Revenue from Contracts with Customers within the respective periods for more information.

Total gross written premiums and premium equivalents for the six months ended June 30, 2025 were $1,660.8 million, representing an increase of $221.3 million, or 15.4% as compared to the prior year period. The increase was driven by a combination of factors including expanding Fortegra’s distribution partner network, and growing E&S insurance lines. E&S premiums were $690.4 million for the six months ended June 30, 2025 compared to $557.7 million in the prior year period, a 23.8% increase. For the six 

64

months ended June 30, 2025, Insurance increased by $256.8 million, or 20.5%, driven primarily by growth in property and short-tail, general liability and contractual liability, and European lines, partially offset by decline in professional liability and personal lines. For the six months ended June 30, 2025, Services decreased by $35.5 million, or 18.9%, driven by lower volume in consumer goods and vehicle service contracts.

Net written premiums

($ in thousands)Six Months Ended June 30, 20252024Property and short-tail$295,970 $216,859 Contractual liability46,88341,516General liability112,62983,860Alternative risks126,275119,588Professional liability42,42764,391Europe95,92879,670Commercial lines$720,112 $605,884 Personal lines66,38378,164Insurance$786,495 $684,048 

Net written premiums for the six months ended June 30, 2025 were $786.5 million, representing an increase of $102.4 million, or 15.0% as compared to the prior year period, consistent with growth in gross written premiums. For the six months ended June 30, 2025, commercial lines increased by $114.2 million, or 18.9%, driven by growth in E&S and specialty admitted business. For the six months ended June 30, 2025, personal lines decreased by $11.8 million, or 15.1%, driven by declines in personal credit and auto insurance lines. Property and short-tail lines represented $296.0 million, or 37.6%, of the total net written premiums for