Mortgage Loans (Tables)

12 Months Ended

Dec. 31, 2023

Receivables [Abstract]

Schedule of Accounts, Notes, Loans and Financing Receivable

The carrying value of the Company’s mortgage loans as of December 31, 2023 and 2022 were as follows:

($ in thousands)	2023		2022
Retail	$	16,072	$	16,516
Commercial	14,469		15,309
Industrial	6,785		6,329
Multi-family	—		5,593
Office	—		3,197
Hospitality	12,744		4,915
	$	50,070	$	51,859

Investment Income

The following table sets forth the proceeds from sales of debt and equity securities for the years ended December 31, 2023 and 2022:

($ in thousands)	2023		2022
Fixed maturity securities, available-for-sale	$	26,626	$	13,964
Equity securities	40,201		37,177

The following table sets forth the components of net investment income for the years ended December 31, 2023 and 2022:

($ in thousands)	2023		2022
Income:
Fixed maturity securities, available-for-sale	$	34,703	$	18,481
Fixed maturity securities, held-to-maturity	4,163		5,375
Equity securities	3,418		3,579
Equity method investments	(9,434)		6,015
Mortgage loans	5,474		4,767
Indirect loans	(4,155)		4,846
Short-term investments	11,392		1,498
Other	318		(77)
Investment income	45,879		44,484
Investment expenses	(5,557)		(7,553)
Net investment income	$	40,322	$	36,931

The Company’s gross investment income for the years ended December 31, 2023 and 2022 is as follows:

	Years Ended December 31,
($ in thousands)	2023		2022
Retail	$	1,853	$	1,255
Commercial	2,340		1,242
Industrial	—		565
Multi-family	44		909
Office	203		385
Hospitality	1,034		411
	$	5,474	$	4,767