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Municipal Bond Guarantee Insurance (Tables)
 6 Months Ended
Jun. 30, 2023
Guarantees [Abstract]  
Schedule of Municipal Bond Guarantee Insured Obligations
The following table presents a schedule of BAM’s insured obligations as of June 30, 2023 and December 31, 2022:
June 30, 2023December 31, 2022
Contracts outstanding13,835 13,382 
Remaining weighted average contract period (in years)10.810.8
Contractual debt service outstanding (in millions):
Principal $103,962.3 $99,996.9 
Interest51,414.9 48,880.6 
Total debt service outstanding$155,377.2 $148,877.5 
Gross unearned insurance premiums (in millions)$303.7 $298.3 
Financial Guarantee Insurance Contracts, Premium Received over Contract Period
The following table presents a schedule of BAM’s future premium revenues as of June 30, 2023:
MillionsJune 30, 2023
July 1, 2023 - December 31, 2023$14.2 
January 1, 2024 - March 31, 20246.9 
April 1, 2024 - June 30, 20246.9 
July 1, 2024 - September 30, 20246.7 
October 1, 2024 - December 31, 20246.6 
Total 202427.1 
202525.4 
202623.7 
202722.1 
202820.4 
2029 and thereafter170.8 
Total gross unearned insurance premiums$303.7 
Schedule of Gross Written Premiums
The following table presents a schedule of written premiums and earned premiums included in the HG Global/BAM segment for the three and six months ended June 30, 2023 and 2022:
Three Months Ended June 30,Six Months Ended June 30,
Millions2023202220232022
Written premiums:
Direct$11.6 $17.1 $20.8 $26.5 
Assumed— — — — 
Gross written premiums (1)
$11.6 $17.1 $20.8 $26.5 
Earned premiums:
Direct$7.0 $7.9 $14.0 $15.5 
Assumed.7 2.6 1.4 3.4 
Gross earned premiums (1)
$7.7 $10.5 $15.4 $18.9 
(1) There are no ceded premium amounts in the periods presented, and gross earned premiums are equivalent to net written premiums and net earned