XML 104 R88.htm IDEA: XBRL DOCUMENT v3.22.4
Loss and Loss Adjustment Expense Reserves - LAE Reserve Activity (Details) - Group Ark Insurance Limited - USD ($)
$ in Millions
 12 Months Ended
Dec. 31, 2022
Dec. 31, 2021
Liability for Unpaid Claims and Claims Adjustment Expense [Roll Forward]    
Gross beginning balance $ 894.7 $ 696.0
Less: beginning reinsurance recoverable on unpaid losses (428.9) (433.4)
Net loss and LAE reserves 465.8 262.6
Losses and LAE incurred relating to:    
Current Year 588.1 336.3
Prior Year (51.7) (21.5)
Net incurred losses and LAE 536.4 314.8
Loss and LAE paid relating to:    
Current year losses (98.9) (43.9)
Prior year losses (158.6) (61.6)
Net paid losses and LAE (257.5) (105.5)
Change in TPC Providers’ participation 57.5 (2.2)
Foreign currency translation and other adjustments to loss and LAE reserves (10.7) (3.9)
Net ending balance 791.5 465.8
Plus: ending reinsurance recoverable on unpaid losses 505.0 428.9
Gross ending balance 1,296.5 894.7
Amount attributable to TPC Providers    
Liability for Unpaid Claims and Claims Adjustment Expense [Roll Forward]    
Less: beginning reinsurance recoverable on unpaid losses 276.8 319.2
Loss and LAE paid relating to:    
Plus: ending reinsurance recoverable on unpaid losses $ (145.4) $ (276.8)