Consolidated Statements of Income - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2022		Dec. 31, 2021		Dec. 31, 2020
Revenue
Gross premiums earned	$ 724,716	[1]	$ 577,044	[2]	$ 415,918	[3]
Premiums ceded	(261,144)		(199,741)		(153,458)
Net premiums earned	463,572		377,303		262,460
Net investment income	32,447		12,335		4,564
Net realized investment (losses) gains	(1,187)		6,472		1,000
Net unrealized investment (losses) gains	(7,153)		1,363		679
Credit losses on investments	0		0		(611)
Policy fee income	4,279		3,995		3,522
Gain on involuntary conversion	0		0		36,969
Gain from remeasurement of contingent liabilities	3,117		0		0
Other	4,488		6,447		1,854
Total revenue	499,563		407,915		310,437
Expenses
Losses and loss adjustment expenses	371,463		227,525		160,036
Policy acquisition and other underwriting expenses	104,977		93,732		53,859
General and administrative personnel expenses	56,511		45,428		33,829
Interest expense	7,768		6,400		11,734
Impairment loss	2,284		0		0
Loss on repurchases of convertible senior notes	0		0		150
Loss on extinguishment of debt	0		0		98
Debt conversion expense	0		1,754		0
Other operating expenses	24,978		21,843		13,803
Total expenses	567,981		396,682		273,509
(Loss) income before income taxes	(68,418)		11,233		36,928
Income tax (benefit) expense	(13,815)		3,991		9,348
Net (loss) income	(54,603)		7,242		27,580
Net income attributable to redeemable noncontrolling interest (Note 19)	(9,106)		(7,399)		0
Net loss attributable to noncontrolling interests	5,198		2,013		0
Net (loss) income after noncontrolling interests	$ (58,511)		$ 1,856		$ 27,580
Basic (loss) earnings per share	$ (6.24)		$ 0.23		$ 3.55
Diluted (loss) earnings per share	$ (6.24)		$ 0.21		$ 3.49

[1] Gross premiums earned under HCPCI Insurance Operations consist of $426,501 from HCPCI and $12,998 from a reinsurance company.

[2] Gross premiums earned under HCPCI Insurance Operations consist of $401,137 from HCPCI and $3,225 from a reinsurance company.

[3] Gross premiums earned under HCPCI Insurance Operations consist of $337,082 from HCPCI and $5,682 from a reinsurance company.