XML 86 R70.htm IDEA: XBRL DOCUMENT v3.23.1
Investments - Additional Information (Narrative) (Details) - USD ($)
$ in Millions
1 Months Ended 12 Months Ended
Mar. 31, 2021
Dec. 31, 2022
Dec. 31, 2021
Dec. 31, 2020
May 05, 2022
Apr. 01, 2022
Sep. 30, 2021
Dec. 23, 2019
Dec. 20, 2017
Jan. 01, 2017
Gain (Loss) on Securities [Line Items]                    
Catastrophe bonds, trading, cost   $ 2.9 $ 3.4              
Investment in the period   2.0 3.2              
Equity method investment, aggregate cost   6.2 3.9 $ 0.9            
Other investments, at fair value (2) [1]   221.3 151.3              
Restricted assets   471.3 539.8              
Investment in Multiline reinsurer   0.0 0.5              
Investment funded   0.0                
Available-for-sale investment, allowance for credit loss, increase (decrease)   5.0 2.5              
Investment, Identifier [Axis]: Unfunded Commitment, Apollo Real Estate Fund                    
Gain (Loss) on Securities [Line Items]                    
Unfunded commitment   5.3                
Investment, Identifier [Axis]: Unfunded Commitment, Infrastructure fund                    
Gain (Loss) on Securities [Line Items]                    
Unfunded commitment   8.4                
Investment, Identifier [Axis]: Unfunded Commitment, Real Estate Fund (Sept 2021)                    
Gain (Loss) on Securities [Line Items]                    
Unfunded commitment   3.3                
Fair Value, Recurring [Member] | Apollo real estate fund                    
Gain (Loss) on Securities [Line Items]                    
Other investments, at fair value (2)   25.3                
Real estate fund | Fair Value, Recurring [Member]                    
Gain (Loss) on Securities [Line Items]                    
Investments, fair value   221.3 151.3              
Commercial mortgage loans                    
Gain (Loss) on Securities [Line Items]                    
Fair market value, trading   312.1 211.5              
Middle market loans                    
Gain (Loss) on Securities [Line Items]                    
Fair market value, trading   106.9 65.4              
Privately-held investments                    
Gain (Loss) on Securities [Line Items]                    
Fair market value, trading   533.0 307.1              
Real estate fund (Dec 2017) | Fair Value, Recurring [Member]                    
Gain (Loss) on Securities [Line Items]                    
Investments, fair value   134.6 129.9              
Real estate fund (Sept 2021) | Fair Value, Recurring [Member]                    
Gain (Loss) on Securities [Line Items]                    
Investments, fair value   40.6                
Infrastructure fund | Fair Value, Recurring [Member]                    
Gain (Loss) on Securities [Line Items]                    
Investments, fair value   8.2                
MVI                    
Gain (Loss) on Securities [Line Items]                    
Investment in the period $ 0.8   0.4              
Equity method investment, aggregate cost   0.8 0.5 0.0            
Gross realized and unrealized gains (loss)   0.0 0.1 (0.4)            
Investment in Multiline reinsurer   0.0 0.0              
Digital Re                    
Gain (Loss) on Securities [Line Items]                    
Investment in the period   0.0 0.3              
Equity method investment, ownership percentage                   49.00%
Equity method investment, aggregate cost   0.2 0.2 0.4           $ 2.3
Gross realized and unrealized gains (loss)   0.0 0.0 (0.3)            
Investment in Multiline reinsurer   0.0 0.5              
Multi-Line Insurer                    
Gain (Loss) on Securities [Line Items]                    
Investment in the period   1.6 2.5              
Equity method investment, aggregate cost   5.2 3.2 0.5            
Other investments, at fair value (2)               $ 5.0    
Gross realized and unrealized gains (loss)   (0.4) 0.2 $ 0.0            
Investment in Multiline reinsurer   0.0 0.0              
Limited Partner | Real estate fund                    
Gain (Loss) on Securities [Line Items]                    
Other investments, at fair value (2)   $ 221.3 $ 151.3              
Restricted assets           $ 10.0 $ 20.0   $ 100.0  
Limited Partner | Real estate fund | Apollo real estate fund                    
Gain (Loss) on Securities [Line Items]                    
Restricted assets           $ 30.0        
Limited Partner | Infrastructure fund                    
Gain (Loss) on Securities [Line Items]                    
Restricted assets         $ 15.0          
[1] Other investments includes related party investments of $25.3 million in Apollo Real Estate Fund and $12.7 million in Apollo Origination Partnership. (3)    Cash and cash equivalents includes restricted cash of $232.1 million (2021 — $364.9 million) which are held in trusts.