Unpaid Loss and Loss Adjustment Expense (Tables)

3 Months Ended

Mar. 31, 2021

Activity in the liability for unpaid loss and LAE

The following table presents the activity in the liability for unpaid loss and loss adjustment expense ("LAE") for the three months ended March 31, 2021 and 2020 ($ in millions):


	Three Months Ended March 31,
	2021		2020
Unpaid loss and LAE at beginning of period	$	46.3	$	28.2
Less: Reinsurance recoverable at beginning of period (1)	36.3		18.5
Net unpaid loss and LAE at beginning of period	10.0		9.7
Add: Incurred loss and LAE, net of reinsurance, related to:
Current year	16.7		14.7
Prior years	(0.2)		3.5
Total incurred	16.5		18.2
Deduct: Paid loss and LAE, net of reinsurance, related to:
Current year	8.3		8.7
Prior years	3.9		10.3
Total paid	12.2		19.0
Unpaid loss and LAE, net of reinsurance recoverable, at end of period	14.3		8.9
Reinsurance recoverable at end of period (1)	47.9		22.9
Unpaid loss and LAE, gross of reinsurance recoverable, at end of period	$	62.2	$	31.8

(1) Reinsurance recoverable in this table includes only ceded unpaid loss and LAE