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Commitment and contingencies (Tables) | 3 Months Ended
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Mar. 31, 2025
Commitments and Contingencies Disclosure [Abstract] |
Schedule of Lease Balances | The following table presents the lease balances within the consolidated balance sheets as of March 31, 2025 and December 31, 2024:
| March 31, 2025 |  | December 31, 2024
Operating lease right-of-use assets(1) | $ | 21.5 |  |  | $ | 22.8 |
Operating lease liabilities(2) | $ | 24.2 |  |  | $ | 24.5 |
Weighted average lease term (years) | 5.0 |  | 5.2
Weighted average discount rate | 3.0 | % |  | 3.0 | %
(1) Operating lease right-of-use assets are included in Other assets on the Company’s consolidated balance sheets. (2) Operating lease liabilities are included in Other liabilities on the Company’s consolidated balance sheets.
Schedule of Future Minimum Rental Commitments | Future minimum rental commitments as of March 31, 2025 under these leases are expected to be as follows:
| Future Payments
Remainder of 2025 | $ | 4.3 |
2026 | 5.2 |
2027 | 4.4 |
2028 | 4.7 |
2029 and thereafter | 5.9 |
Total future annual minimum rental payments | 24.5 |
Less: present value discount | (0.3) |
Total lease liability as of March 31, 2025 | $ | 24.2 |

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- Definition Tabular disclosure of undiscounted cash flows of lessee's operating lease liability. Includes, but is not limited to, reconciliation of undiscounted cash flows to operating lease liability recognized in statement of financial position. + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 842 -SubTopic 20 -Name Accounting Standards Codification -Section 50 -Paragraph 6 -Publisher FASB -URI https://asc.fasb.org/1943274/2147478964/842-20-50-6 + Details
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