XML 188 R29.htm IDEA: XBRL DOCUMENT v3.25.2
Unpaid Loss and Loss Adjustment Expense (Tables)
 6 Months Ended
Jun. 30, 2025
Insurance [Abstract]  
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 six months ended June 30, 2025 and 2024 ($ in millions):
June 30,
20252024
Unpaid loss and LAE at beginning of period$298.1 $262.3 
Less: Reinsurance recoverable at beginning of period (1)
149.5 120.2 
Net unpaid loss and LAE at beginning of period148.6 142.1 
Add: Incurred loss and LAE, net of reinsurance, related to:
Current year175.5 145.0 
Prior years(12.6)(8.6)
Total incurred162.9 136.4 
Deduct: Paid loss and LAE, net of reinsurance, related to:
Current year101.0 82.1 
Prior years54.5 51.9 
Total paid155.5 134.0 
Unpaid loss and LAE, net of reinsurance recoverable, at end of period156.0 144.5 
Reinsurance recoverable at end of period (1)
153.8 137.7 
Unpaid loss and LAE, gross of reinsurance recoverable, at end of period$309.8 $282.2 

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