Losses, Claims and Settlement Expenses (Tables)

6 Months Ended

Jun. 30, 2025

The following table shows changes in aggregate reserves for the Company's loss and loss adjustment expenses:


	Six Months Ended
	June 30,
	2025		2024
Gross reserves at beginning of period	$	13,727.7	$	12,538.2
Less: Reinsurance losses recoverable	5,807.1		4,977.7
Net reserves at beginning of period:
Specialty Insurance	7,341.5		6,955.2
Title Insurance	572.7		598.5
Other	6.4		6.6
Subtotal	7,920.6		7,560.4
Incurred loss and loss adjustment expenses:
Provisions for insured events of the current year:
Specialty Insurance	1,638.8		1,453.9
Title Insurance	45.4		41.7
Other	3.7		3.5
Subtotal	1,687.9		1,499.1
Change in provision for insured events of prior years:
Specialty Insurance	(77.7)		(55.8)
Title Insurance	(9.0)		(14.2)
Other	(1.8)		(0.8)
Subtotal	(88.6)		(71.0)
Total incurred loss and loss adjustment expenses	1,599.3		1,428.1
Payments:
Loss and loss adjustment expenses attributable to
insured events of the current year:
Specialty Insurance	389.2		363.4
Title Insurance	2.6		2.2
Other	1.7		1.0
Subtotal	393.6		366.6
Loss and loss adjustment expenses attributable to
insured events of prior years:
Specialty Insurance	962.6		889.5
Title Insurance	40.9		29.5
Other	2.1		1.8
Subtotal	1,005.8		921.0
Total payments	1,399.5		1,287.6
Net reserves at end of period:
Specialty Insurance	7,550.5		7,100.3
Title Insurance	565.4		594.1
Other	4.3		6.4
Subtotal	8,120.4		7,700.8
Reinsurance losses recoverable	6,236.0		5,256.7
Gross reserves at end of period	$	14,356.4	$	12,957.6