Total Cash, Cash Equivalents, Restricted Cash and Restricted Investments

3 Months Ended

Mar. 31, 2024

Cash and Cash Equivalents [Abstract]

Total Cash, Cash Equivalents, Restricted Cash and Restricted Investments

7.           Total Cash, Cash Equivalents, Restricted Cash and Restricted Investments

The Group has cash and investments in trust funds that support the insurance contracts written on certain lines of business and in segregated portfolios primarily to provide collateral for letters of credit.

The following table provides a summary of cash and cash equivalents, restricted cash and restricted investments at March 31, 2024 and December 31, 2023:

	March 31, 2024		December 31, 2023
Cash and cash equivalents	$	671.7	$	712.4
Restricted cash securing letter of credit facilities	9.9		5.8
Restricted cash securing reinsurance contracts	210.6		245.9
Total cash, cash equivalents and restricted cash	892.2		964.1
Restricted investments securing reinsurance contracts and letter of credit facilities	1,453.9		1,347.0
Total cash, cash equivalents, restricted cash and restricted investments	$	2,346.1	$	2,311.1