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
Agency and Insurance Services	58.53M	-	-	-	-
Belmont Non-Core	484.00K	7.22M	119.02M	242.87M	286.93M
Belmont Non-Core Growth	-93.29%	-93.94%	-51.00%	-15.36%	-
Belmont Core	388.38M	371.14M	355.78M	359.60M	308.68M
Belmont Core Growth	4.64%	4.32%	-1.06%	16.50%	-
Eliminations	-56.29M	-	-	-	-
Unallocated Net Investment Income	62.66M	62.38M	55.44M	27.63M	37.02M
Unallocated Net Investment Income Growth	0.46%	12.50%	100.69%	-25.37%	30.39%
Unallocated Net Realized Investment Gains (Loss)	-3.67M	455.00K	-2.11M	-32.93M	15.89M
Total	450.10M	441.19M	528.13M	597.17M	648.52M
Total Growth	2.02%	-16.46%	-11.56%	-7.92%	11.13%

Source: S&P Global Market Intelligence.