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Segments - Summary of Group Segment Disclosures (Details) - USD ($)
$ in Millions
3 Months Ended 9 Months Ended
Sep. 30, 2024
Sep. 30, 2023
Sep. 30, 2024
Sep. 30, 2023
Segment Reporting Information [Line Items]        
Gross premiums written $ 741.9 $ 592.6 $ 3,449.4 $ 2,795.1
Net premiums written 467.9 312.6 1,915.9 1,587.4
Net premiums earned 634.5 509.7 1,623.6 1,324.8
Losses and loss adjustment expenses (237.8) (191.7) (642.8) (509.6)
Policy acquisition expenses (294.0) (221.4) (724.2) (525.3)
General and administrative expenses (22.7) (21.8) (70.7) (57.0)
Underwriting income 80.0 74.8 185.9 232.9
Net investment (loss) income 52.1 33.1 139.1 80.8
Net realized and unrealized investment losses (0.5) (5.3) (16.5) (2.4)
Other income (loss) 0.0 0.0 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 0.0 (0.4) (1.6) (3.4)
Net foreign exchange (gains)/losses (4.8) 2.4 (4.9) 0.8
Financing costs (8.9) (9.0) (26.1) (26.6)
Income before income taxes 117.9 95.6 275.9 1,921.4
Income tax expense (17.3) (7.9) (40.4) (17.2)
Net income 100.6 87.7 235.5 1,904.2
Losses and loss adjustment expenses incurred - current year (247.9) (235.0) (788.5) (557.4)
Losses and loss adjustment expenses incurred - prior accident years 10.1 43.3 145.7 47.8
Losses and loss adjustment expenses incurred - total $ (237.8) $ (191.7) $ (642.8) $ (509.6)
Underwriting Ratios        
Loss ratio - current year 39.10% 46.10% 48.60% 42.10%
Loss ratio - prior accident years (1.60%) (8.50%) (9.00%) (3.60%)
Loss ratio - total 37.50% 37.60% 39.60% 38.50%
Policy acquisition expense ratio 31.00% 29.60% 29.30% 28.50%
Underwriting ratio 68.50% 67.20% 68.90% 67.00%
The Fidelis Partnership commissions ratio 15.30% 13.90% 15.30% 11.10%
General and administrative expense ratio 3.60% 4.30% 4.40% 4.30%
Combined ratio 87.40% 85.40% 88.60% 82.40%
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 (97.3) (70.6) (249.0) (147.4)
General and administrative expenses (22.7) (21.8) (70.7) (57.0)
Underwriting income (120.0) (92.4) (319.7) (204.4)
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     34.5 (32.7)
Specialty | Operating Segments        
Segment Reporting Information [Line Items]        
Gross premiums written 398.4 326.9 2,188.9 1,818.3
Net premiums written 285.2 203.6 1,337.5 1,158.4
Net premiums earned 372.0 294.6 1,073.4 868.0
Losses and loss adjustment expenses (182.3) (138.3) (545.9) (416.4)
Policy acquisition expenses (122.4) (83.4) (313.4) (227.2)
General and administrative expenses 0.0 0.0 0.0 0.0
Underwriting income 67.3 72.9 214.1 224.4
Losses and loss adjustment expenses incurred - current year (168.3) (141.0) (580.4) (383.7)
Losses and loss adjustment expenses incurred - prior accident years (14.0) 2.7 34.5 (32.7)
Losses and loss adjustment expenses incurred - total $ (182.3) $ (138.3) $ (545.9) $ (416.4)
Underwriting Ratios        
Loss ratio - current year 45.20% 47.80% 54.10% 44.20%
Loss ratio - prior accident years 3.80% (0.90%) (3.20%) 3.80%
Loss ratio - total 49.00% 46.90% 50.90% 48.00%
Policy acquisition expense ratio 32.90% 28.30% 29.20% 26.20%
Underwriting ratio 81.90% 75.20% 80.10% 74.20%
Bespoke        
Segment Reporting Information [Line Items]        
Losses and loss adjustment expenses incurred - prior accident years     $ 62.2 $ (28.6)
Bespoke | Operating Segments        
Segment Reporting Information [Line Items]        
Gross premiums written $ 185.8 $ 161.7 429.9 367.2
Net premiums written 109.1 78.1 189.8 189.9
Net premiums earned 105.0 98.8 287.9 280.4
Losses and loss adjustment expenses (19.4) (43.2) (75.7) (72.5)
Policy acquisition expenses (37.4) (34.9) (101.1) (105.1)
General and administrative expenses 0.0 0.0 0.0 0.0
Underwriting income 48.2 20.7 111.1 102.8
Losses and loss adjustment expenses incurred - current year (30.5) (55.5) (137.9) (101.1)
Losses and loss adjustment expenses incurred - prior accident years 11.1 12.3 62.2 28.6
Losses and loss adjustment expenses incurred - total $ (19.4) $ (43.2) $ (75.7) $ (72.5)
Underwriting Ratios        
Loss ratio - current year 29.10% 56.10% 47.90% 36.10%
Loss ratio - prior accident years (10.60%) (12.40%) (21.60%) (10.20%)
Loss ratio - total 18.50% 43.70% 26.30% 25.90%
Policy acquisition expense ratio 35.60% 35.30% 35.10% 37.50%
Underwriting ratio 54.10% 79.00% 61.40% 63.40%
Reinsurance        
Segment Reporting Information [Line Items]        
Losses and loss adjustment expenses incurred - prior accident years     $ 49.0 $ (51.9)
Reinsurance | Operating Segments        
Segment Reporting Information [Line Items]        
Gross premiums written $ 157.7 $ 104.0 830.6 609.6
Net premiums written 73.6 30.9 388.6 239.1
Net premiums earned 157.5 116.3 262.3 176.4
Losses and loss adjustment expenses (36.1) (10.2) (21.2) (20.7)
Policy acquisition expenses (36.9) (32.5) (60.7) (45.6)
General and administrative expenses 0.0 0.0 0.0 0.0
Underwriting income 84.5 73.6 180.4 110.1
Losses and loss adjustment expenses incurred - current year (49.1) (38.5) (70.2) (72.6)
Losses and loss adjustment expenses incurred - prior accident years 13.0 28.3 49.0 51.9
Losses and loss adjustment expenses incurred - total $ (36.1) $ (10.2) $ (21.2) $ (20.7)
Underwriting Ratios        
Loss ratio - current year 31.20% 33.10% 26.80% 41.10%
Loss ratio - prior accident years (8.30%) (24.30%) (18.70%) (29.40%)
Loss ratio - total 22.90% 8.80% 8.10% 11.70%
Policy acquisition expense ratio 23.40% 27.90% 23.10% 25.90%
Underwriting ratio 46.30% 36.70% 31.20% 37.60%