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Commitments and Contingencies (Tables)
 12 Months Ended
Dec. 31, 2022
Commitments and Contingencies Disclosure [Abstract]  
Schedule of Company's Restricted Assets
The following table details the forms and value of Company’s material restricted assets as at December 31, 2022 and 2021:
As at December 31, 2022At December 31, 2021
 ($ in millions, except percentages)
Regulatory trusts and deposits:
Affiliated transactions$707.1 $891.3 
Third party2,817.7 3,099.7 
Letters of credit / guarantees(1)
471.3 539.8 
Total restricted assets (excluding illiquid assets)3,996.1 4,530.8 
Other investments — illiquid assets221.3 151.3 
Total restricted assets and illiquid assets$4,217.4 $4,682.1 
Total as percent of cash and invested assets (2)
59.4 %59.7 %
 
(1)As at December 31, 2022, the Company had pledged funds of $471.3 million (December 31, 2021 — $539.8 million) as collateral for the secured letters of credit.
(2)Investable assets comprise total investments, cash and cash equivalents, accrued interest, receivables for securities sold and payables for securities purchased.