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SCHEDULE VI SUPPLEMENTAL INFORMATION FOR PROPERTY-CASUALTY INSURANCE COMPANIES
 12 Months Ended
Dec. 31, 2024
SEC Schedule, 12-18, Supplemental Information, Property-Casualty Insurance Underwriters [Abstract]  
SCHEDULE VI SUPPLEMENTAL INFORMATION FOR PROPERTY-CASUALTY INSURANCE COMPANIES
ARGO GROUP INTERNATIONAL HOLDINGS, INC.
SCHEDULE VI
SUPPLEMENTAL INFORMATION FOR PROPERTY-CASUALTY INSURANCE COMPANIES
(in millions)
 SuccessorPredecessor
For the Year EndedPeriod from Period from For the Year Ended
December 31, 2024November 16, 2023 through December 31, 2023January 1, 2023 through November 15, 2023December 31, 2022
Deferred acquisition costs (1)
$52.1 $7.2 $88.7 $107.0 
Reserves for losses and loss adjustment expenses (1)
$5,798.6 $5,544.5 $5,526.4 $5,051.6 
Unamortized discount in reserves for losses (1)
$22.0 $20.8 $20.4 $19.3 
Unearned premiums (1)
$798.8 $916.6 $986.2 $1,039.9 
Premiums earned$1,089.8 $162.3 $1,225.9 $1,740.4 
Net investment income$249.8 $28.6 $121.3 $129.8 
Losses and loss adjustment expenses incurred:
Current year$763.4 $94.2 $775.3 $1,102.2 
Prior years254.9 — 267.9 64.7 
Losses and loss adjustment expenses incurred$1,018.3 $94.2 $1,043.2 $1,166.9 
(Deferral) amortization of policy acquisition costs (2)
$(44.9)$(7.2)$9.0 $(10.5)
Paid losses and loss adjustment expenses, net of reinsurance$778.4 $85.3 $527.9 $999.5 
Gross premiums written$1,745.8 $191.2 $1,948.4 $2,848.1 
(1) As of December 31, 2022, balances related to AUA were reclassified to held-for-sale. See Note 2, “Recent Acquisitions, Disposals & Other Transactions” in our 2023 Form 10-K.
(2) The amortization (deferral) of policy acquisition costs will not equal the change in the balance sheet. For further discussion, see Note 1, “Business and Significant Accounting Policies.”