Underwriting Information (Tables)

12 Months Ended

Dec. 31, 2021

Underwriting Information

Schedule of gross written premiums

	Year Ended December 31,
	2021				2020				2019
	($ in thousands)
			% of				% of				% of
	Amount		GWP		Amount		GWP		Amount		GWP
Product
Residential Earthquake	$	171,048	32.0	%	$	140,934	39.8	%	$	130,473	51.8	%
Commercial Earthquake		90,552	16.9	%		58,890	16.6	%		38,741	15.4	%
Specialty Homeowners		67,894	12.7	%		49,849	14.1	%		32,788	13.0	%
Inland Marine		57,124	10.7	%		15,423	4.3	%		2,465	1.0	%
Commercial All Risk		38,640	7.2	%		53,933	15.2	%		30,358	12.0	%
Hawaii Hurricane		30,298	5.6	%		13,824	3.9	%		10,764	4.3	%
Residential Flood		11,652	2.2	%		8,176	2.3	%		5,216	2.1	%
Other		67,967	12.7	%		13,331	3.8	%		1,156	0.4	%
Total Gross Written Premiums	$	535,175	100.0	%	$	354,360	100.0	%	$	251,961	100.0	%

Gross written premiums by state are as follows:

	Year Ended December 31,
	2021				2020				2019
	($ in thousands)
			% of				% of				% of
	Amount		GWP		Amount		GWP		Amount		GWP
State
California	$	244,416	45.6	%	$	172,765	48.8	%	$	141,743	56.3	%
Texas		62,893	11.8	%		67,974	19.2	%		44,087	17.5	%
Hawaii		34,993	6.5	%		16,398	4.6	%		11,851	4.7	%
Florida		27,386	5.1	%		5,795	1.7	%		—	—	%
Washington		23,608	4.4	%		14,328	4.0	%		9,607	3.8	%
North Carolina		15,271	2.9	%		11,143	3.1	%		3,894	1.5	%
Oregon		13,677	2.6	%		10,038	2.8	%		7,396	2.9	%
Illinois		12,133	2.3	%		6,133	1.7	%		6,133	2.4	%
Other		100,798	18.8	%		49,786	14.1	%		27,250	10.9	%
Total Gross Written Premiums	$	535,175	100.0	%	$	354,360	100.0	%	$	251,961	100.0	%

Gross written premiums by insurance subsidiary are as follows:

	Year Ended December 31,
	2021				2020				2019
	($ in thousands)
			% of				% of				% of
	Amount		GWP		Amount		GWP		Amount		GWP
Subsidiary
PSIC	$	383,063	71.4	%	$	324,870	91.7	%	$	—	0.0	%
PESIC		152,111	28.6	%		29,490	8.3	%		—	0.0	%
Total Gross Written Premiums	$	535,175	100.0	%	$	354,360	100.0	%	$	—	0.0	%