STEWART INFORMATION SERVICES CORP
For the period ended Dec 31, 2023. Filed Feb 29, 2024.
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FY2023 · Filed Feb 29, 2024
STC$45.94-2.3%Stored close · as of Nov 9, 2026
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Schedule II - Valuation and Qualifying Accounts
SCHEDULE II
STEWART INFORMATION SERVICES CORPORATION AND SUBSIDIARIES
VALUATION AND QUALIFYING ACCOUNTS
December 31, 2023
| Col. A · Col. B · Col. CAdditions · Col. DDeductions · Col. E | |||||
|---|---|---|---|---|---|
| Description · Balanceatbeginningof period · Charged tocostsandexpenses · (Describe) · BalanceAtendof period | |||||
| (in $ thousands) | |||||
| Year ended December 31, 2023: | |||||
| Estimated title losses | 549,448 | 80,282 | 101,461 | (A) | 528,269 |
| Valuation allowance for deferred tax assets | 6,202 | 8,851 | 1,691 | 13,362 | |
| Allowance for credit losses | 7,309 | 1,934 | 1,660 | (B) | 7,583 |
| Year ended December 31, 2022: | |||||
| Estimated title losses | 549,614 | 102,733 | 102,899 | (A) | 549,448 |
| Valuation allowance for deferred tax assets | 2,279 | 7,958 | 4,035 | 6,202 | |
| Allowance for credit losses | 7,711 | 825 | 1,227 | (B) | 7,309 |
| Year ended December 31, 2021: | |||||
| Estimated title losses | 496,275 | 126,243 | 72,904 | (A) | 549,614 |
| Valuation allowance for deferred tax assets | 6,471 | 398 | 4,590 | 2,279 | |
| Allowance for credit losses | 4,807 | 3,023 | 119 | (B) | 7,711 |
(A)Represents primarily payments of policy and escrow losses and loss adjustment expenses.
(B)Represents uncollectible accounts written off.
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