XML 45 R34.htm IDEA: XBRL DOCUMENT
v3.24.2.u1

Reinsurance (Tables) | 6 Months Ended
--- | ---
Jun. 30, 2024
Insurance [Abstract] |
Summary of Effects of Reinsurance | The following tables reflect amounts affecting the condensed consolidated statements of operations and comprehensive loss for reinsurance as of and for the three and six months ended June 30, 2024, and 2023 (in millions).
| For the Three Months Ended June 30,
| 2024 |  | 2023
| Written premiums |  | Earned premiums |  | Loss and LAE incurred |  | Written premiums |  | Earned premiums |  | Loss and LAE incurred
Direct | $ | 255.0 |  |  | $ | 208.3 |  |  | $ | 119.2 |  |  | $ | 240.2 |  |  | $ | 185.4 |  |  | $ | 196.0 |
Assumed | 2.6 |  |  | 3.9 |  |  | 4.0 |  |  | 4.6 |  |  | 1.9 |  |  | 4.0 |
Gross | 257.6 |  |  | 212.2 |  |  | 123.2 |  |  | 244.8 |  |  | 187.3 |  |  | 200.0 |
Ceded | (163.8) |  |  | (147.8) |  |  | (62.8) |  |  | (213.6) |  |  | (165.0) |  |  | (123.3) |
Net | $ | 93.8 |  |  | $ | 64.4 |  |  | $ | 60.4 |  |  | $ | 31.2 |  |  | $ | 22.3 |  |  | $ | 76.7 |
| For the Six Months Ended June 30,
| 2024 |  | 2023
| Written premiums |  | Earned premiums |  | Loss and LAE incurred |  | Written premiums |  | Earned premiums |  | Loss and LAE incurred
Direct | $ | 443.6 |  |  | $ | 410.8 |  |  | $ | 236.5 |  |  | $ | 425.9 |  |  | $ | 349.5 |  |  | $ | 320.7 |
Assumed | 8.8 |  |  | 8.1 |  |  | 7.9 |  |  | 8.3 |  |  | 2.8 |  |  | 5.6 |
Gross | 452.4 |  |  | 418.9 |  |  | 244.4 |  |  | 434.2 |  |  | 352.3 |  |  | 326.3 |
Ceded | (249.7) |  |  | (294.0) |  |  | (131.4) |  |  | (381.7) |  |  | (316.2) |  |  | (211.9) |
Net | $ | 202.7 |  |  | $ | 124.9 |  |  | $ | 113.0 |  |  | $ | 52.5 |  |  | $ | 36.1 |  |  | $ | 114.4 |

X
- 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/1943274/2147479032/944-605-50-1 + Details
Name: | us-gaap_EffectsOfReinsuranceTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- References No definition available. + Details
Name: | us-gaap_InsuranceAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration