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Segments - Summary of Group Segment Disclosures (Details) - USD ($)
$ in Millions
3 Months Ended 6 Months Ended
Jun. 30, 2024
Jun. 30, 2023
Jun. 30, 2024
Jun. 30, 2023
Segment Reporting Information [Line Items]        
Gross premiums written $ 1,193.2 $ 957.2 $ 2,707.5 $ 2,202.5
Net premiums written 669.9 615.1 1,448.0 1,274.8
Net premiums earned 501.1 429.1 989.1 815.1
Losses and loss adjustment expenses (222.7) (158.3) (405.0) (317.9)
Policy acquisition expenses (217.3) (174.7) (430.2) (303.9)
General and administrative expenses (24.4) (18.6) (48.0) (35.2)
Underwriting income 36.7 77.5 105.9 158.1
Net realized and unrealized investment losses (7.0) 0.1 (16.0) 2.9
Net investment income 46.0 27.3 87.0 47.7
Other income (loss) 0.0 (3.3) 0.0 0.2
Net gain on distribution of The Fidelis Partnership 0.0 0.0 0.0 1,639.1
Corporate and other expenses (1.6) (1.5) (1.6) (3.0)
Net foreign exchange losses (2.6) (0.1) (0.1) (1.6)
Financing costs (8.6) (9.0) (17.2) (17.6)
Income before income taxes 62.9 91.0 158.0 1,825.8
Income tax expense (9.2) (7.1) (23.1) (9.3)
Net income 53.7 83.9 134.9 1,816.5
Losses and loss adjustment expenses incurred - current year (291.3) (160.7) (540.6) (322.4)
Losses and loss adjustment expenses incurred - prior accident years 68.6 2.4 135.6 4.5
Losses and loss adjustment expenses incurred - total $ (222.7) $ (158.3) $ (405.0) $ (317.9)
Underwriting Ratios        
Loss ratio - current year 58.10% 37.50% 54.60% 39.60%
Loss ratio - prior accident years (13.70%) (0.60%) (13.70%) (0.60%)
Loss ratio - total 44.40% 36.90% 40.90% 39.00%
Policy acquisition expense ratio 28.40% 28.50% 28.20% 27.90%
Underwriting ratio 72.80% 65.40% 69.10% 66.90%
The Fidelis Partnership commissions ratio 15.00% 12.30% 15.30% 9.40%
General and administrative expense ratio 4.90% 4.30% 4.90% 4.30%
Combined ratio 92.70% 82.00% 89.30% 80.60%
Other        
Segment Reporting Information [Line Items]        
Gross premiums written $ 0.0 $ 0.0 $ 0.0 $ 0.0
Net premiums written 0.0 0.0 0.0 0.0
Net premiums earned 0.0 0.0 0.0 0.0
Losses and loss adjustment expenses 0.0 0.0 0.0 0.0
Policy acquisition expenses (75.0) (52.6) (151.7) (76.8)
General and administrative expenses (24.4) (18.6) (48.0) (35.2)
Underwriting income (99.4) (71.2) (199.7) (112.0)
Losses and loss adjustment expenses incurred - total 0.0 0.0 0.0 0.0
Specialty        
Segment Reporting Information [Line Items]        
Losses and loss adjustment expenses incurred - prior accident years     48.5 (35.4)
Specialty | Operating Segments        
Segment Reporting Information [Line Items]        
Gross premiums written 756.5 657.3 1,790.5 1,491.4
Net premiums written 424.6 461.8 1,052.3 954.8
Net premiums earned 349.2 307.2 701.4 573.4
Losses and loss adjustment expenses (189.1) (137.4) (363.6) (278.1)
Policy acquisition expenses (91.2) (77.5) (191.0) (143.8)
General and administrative expenses 0.0 0.0 0.0 0.0
Underwriting income 68.9 92.3 146.8 151.5
Losses and loss adjustment expenses incurred - current year (203.2) (132.5) (412.1) (242.7)
Losses and loss adjustment expenses incurred - prior accident years 14.1 (4.9) 48.5 (35.4)
Losses and loss adjustment expenses incurred - total $ (189.1) $ (137.4) $ (363.6) $ (278.1)
Underwriting Ratios        
Loss ratio - current year 58.20% 43.10% 58.70% 42.30%
Loss ratio - prior accident years (4.00%) 1.60% (6.90%) 6.20%
Loss ratio - total 54.20% 44.70% 51.80% 48.50%
Policy acquisition expense ratio 26.10% 25.20% 27.20% 25.10%
Underwriting ratio 80.30% 69.90% 79.00% 73.60%
Bespoke        
Segment Reporting Information [Line Items]        
Losses and loss adjustment expenses incurred - prior accident years     $ 51.1 $ 16.3
Bespoke | Operating Segments        
Segment Reporting Information [Line Items]        
Gross premiums written $ 90.6 $ 54.7 244.1 205.5
Net premiums written 27.9 30.1 80.7 111.8
Net premiums earned 93.0 90.4 182.9 181.6
Losses and loss adjustment expenses (32.9) (16.2) (56.3) (29.3)
Policy acquisition expenses (33.4) (36.9) (63.7) (70.2)
General and administrative expenses 0.0 0.0 0.0 0.0
Underwriting income 26.7 37.3 62.9 82.1
Losses and loss adjustment expenses incurred - current year (75.7) (23.7) (107.4) (45.6)
Losses and loss adjustment expenses incurred - prior accident years 42.8 7.5 51.1 16.3
Losses and loss adjustment expenses incurred - total $ (32.9) $ (16.2) $ (56.3) $ (29.3)
Underwriting Ratios        
Loss ratio - current year 81.40% 26.20% 58.70% 25.10%
Loss ratio - prior accident years (46.00%) (8.30%) (27.90%) (9.00%)
Loss ratio - total 35.40% 17.90% 30.80% 16.10%
Policy acquisition expense ratio 35.90% 40.80% 34.80% 38.70%
Underwriting ratio 71.30% 58.70% 65.60% 54.80%
Reinsurance        
Segment Reporting Information [Line Items]        
Losses and loss adjustment expenses incurred - prior accident years     $ 36.0 $ 23.6
Reinsurance | Operating Segments        
Segment Reporting Information [Line Items]        
Gross premiums written $ 346.1 $ 245.2 672.9 505.6
Net premiums written 217.4 123.2 315.0 208.2
Net premiums earned 58.9 31.5 104.8 60.1
Losses and loss adjustment expenses (0.7) (4.7) 14.9 (10.5)
Policy acquisition expenses (17.7) (7.7) (23.8) (13.1)
General and administrative expenses 0.0 0.0 0.0 0.0
Underwriting income 40.5 19.1 95.9 36.5
Losses and loss adjustment expenses incurred - current year (12.4) (4.5) (21.1) (34.1)
Losses and loss adjustment expenses incurred - prior accident years 11.7 (0.2) 36.0 23.6
Losses and loss adjustment expenses incurred - total $ (0.7) $ (4.7) $ 14.9 $ (10.5)
Underwriting Ratios        
Loss ratio - current year 21.10% 14.30% 20.20% 56.80%
Loss ratio - prior accident years (19.90%) 0.60% (34.40%) (39.30%)
Loss ratio - total 1.20% 14.90% (14.20%) 17.50%
Policy acquisition expense ratio 30.10% 24.40% 22.70% 21.80%
Underwriting ratio 31.30% 39.30% 8.50% 39.30%