Revenue by Segment

Financials in millions USD. Fiscal year is January - December.

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019	FY 2018	FY 2017	FY 2016
Period Ending	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020	Dec '19 Dec 31, 2019	Dec '18 Dec 31, 2018	Dec '17 Dec 31, 2017	Dec '16 Dec 31, 2016
Belmont Core		371.14M	355.78M	359.60M	308.68M	-
Belmont Core Growth		4.32%	-1.06%	16.50%	-	-
Belmont Non-Core		7.22M	119.02M	242.87M	286.93M	-
Belmont Non-Core Growth		-93.94%	-51.00%	-15.36%	-	-
Unallocated Net Investment Income (Loss)		62.38M	55.44M	27.63M	37.02M	28.39M
Unallocated Net Investment Income (Loss) Growth		12.50%	100.69%	-25.37%	30.39%	-32.48%
Unallocated Net Realized Investment Gains (Loss)		455.00K	-2.11M	-32.93M	15.89M	-14.66M
Unallocated Other Income (Loss)		-	-	-	-	80.00K
Reinsurance Operations		-	-	-	-	46.30M
Reinsurance Operations Growth		-	-	-	-	143.43%
Exited Lines		-	-	-	-	244.66M
Exited Lines Growth		-	-	-	-	30.34%
Commercial Specialty		-	-	-	-	278.78M
Commercial Specialty Growth		-	-	-	-	12.00%
Total		441.19M	528.13M	597.17M	648.52M	583.55M
Total Growth		-16.46%	-11.56%	-7.92%	11.13%	-3.46%

Source: S&P Global Market Intelligence.