XML 80 R59.htm IDEA: XBRL DOCUMENT v3.25.1
Commitments and Contingencies (Tables)
 12 Months Ended
Dec. 31, 2024
Commitments and Contingencies Disclosure [Abstract]  
Schedule of Company's Restricted Assets
The following table details the forms and values of the Company’s material restricted assets as at December 31, 2024 and 2023:
As at December 31, 2024As at December 31, 2023
 
($ in millions, except for percentages)
Regulatory trusts and deposits:
Affiliated transactions$433.4 $660.8 
Third party2,713.5 2,714.4 
Letters of credit / guarantees (1)
153.2 172.0 
Total restricted assets (excluding illiquid assets)$3,300.1 $3,547.2 
Other investments — illiquid assets267.2 209.3 
Total restricted assets and illiquid assets$3,567.3 $3,756.5 
Total as percentage of cash and invested assets (2)
46.4 %50.2 %
_____________
(1)    As at December 31, 2024, the Company had pledged funds of $153.2 million (December 31, 2023 — $172.0 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.