Item 3. Quantitative and Qualitative Disclosures About Market Risk.

The duration of the financial instruments held in our portfolio that are subject to interest rate risk was 3.4 years at September 30, 2025, compared to 3.3 years at September 30, 2024 and December 31, 2024. The weighted average beta of the equity portfolio was 1.1 at September 30, 2025 and 2024, and December 31, 2024. We have not experienced a material impact when compared to the tabular presentations of our interest rate and market risk sensitive instruments in our Annual Report on Form 10-K for the year ended December 31, 2024.