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v3.23.3

Reinsurance (Tables) | 9 Months Ended
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Sep. 30, 2023
Insurance [Abstract] |
Summary of Effects of Reinsurance | The following tables reflect amounts affecting the consolidated statements of operations and comprehensive loss for reinsurance as of and for the three and nine months ended September 30, 2023, and 2022 (in millions).
| For the Three Months Ended September 30,
| 2023 |  | 2022
| Written premiums |  | Earned premiums |  | Loss and LAE incurred |  | Written premiums |  | Earned premiums |  | Loss and LAE incurred
Direct | $ | 225.9 |  |  | $ | 207.7 |  |  | $ | 120.7 |  |  | $ | 173.0 |  |  | $ | 139.7 |  |  | $ | 155.3 |
Assumed | 3.6 |  |  | 3.0 |  |  | 3.8 |  |  | 0.3 |  |  | 0.1 |  |  | (1.6) |
Gross | 229.5 |  |  | 210.7 |  |  | 124.5 |  |  | 173.3 |  |  | 139.8 |  |  | 153.7 |
Ceded | (178.0) |  |  | (177.8) |  |  | (88.0) |  |  | (167.3) |  |  | (129.1) |  |  | (129.8) |
Net | $ | 51.5 |  |  | $ | 32.9 |  |  | $ | 36.5 |  |  | $ | 6.0 |  |  | $ | 10.7 |  |  | $ | 23.9 |
| For the Nine Months Ended September 30,
| 2023 |  | 2022
| Written premiums |  | Earned premiums |  | Loss and LAE incurred |  | Written premiums |  | Earned premiums |  | Loss and LAE incurred
Direct | $ | 651.8 |  |  | $ | 557.3 |  |  | $ | 441.4 |  |  | $ | 451.8 |  |  | $ | 388.5 |  |  | $ | 345.2 |
Assumed | 11.8 |  |  | 5.7 |  |  | 9.5 |  |  | 0.4 |  |  | 0.2 |  |  | 0.7 |
Gross | 663.6 |  |  | 563.0 |  |  | 450.9 |  |  | 452.2 |  |  | 388.7 |  |  | 345.9 |
Ceded | (559.8) |  |  | (494.0) |  |  | (300.0) |  |  | (430.9) |  |  | (357.8) |  |  | (270.3) |
Net | $ | 103.8 |  |  | $ | 69.0 |  |  | $ | 150.9 |  |  | $ | 21.3 |  |  | $ | 30.9 |  |  | $ | 75.6 |

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- Definition Tabular disclosure of the effects of reinsurance, for example, but not limited to, disclosure of direct, assumed, and ceded insurance. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Section 50 -Paragraph 1 -SubTopic 605 -Topic 944 -Publisher FASB -URI https://asc.fasb.org//1943274/2147479655/944-605-50-1 + Details
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- References No definition available. + Details
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