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Schedule V - Valuation and Qualifying Accounts
12 Months Ended
Dec. 31, 2018
Schedule V - Valuation and Qualifying Accounts  
Valuation and Qualifying Accounts

Sirius International Insurance Group, Ltd.

Schedule V

Valuation and Qualifying Accounts

As at and for the years ended December 31, 2018, 2017, and 2016

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Additions (Subtractions)

 

 

 

 

 

 

Balance at

 

Charged to

 

Charged to

 

 

 

Balance at

 

 

beginning of

 

costs and

 

other

 

Deductions

 

the end

(Millions)

    

period

    

expenses

    

accounts

    

described(1)

    

of period

Years ended:

 

 

  

 

  

 

  

 

  

 

 

  

December 31, 2018

 

 

  

 

  

 

  

 

  

 

 

  

Reinsurance on recoverable paid losses:

 

 

  

 

  

 

  

 

  

 

 

  

Allowance for reinsurance balances

 

$

5.8

 

 —

 

(0.1)

 

 —

 

$

5.7

Property and casualty insurance and reinsurance premiums receivable:

 

 

  

 

  

 

  

 

  

 

 

  

Allowance for uncollectible accounts

 

$

4.6

 

 —

 

(0.2)

 

(0.1)

 

$

4.3

December 31, 2017

 

 

  

 

  

 

  

 

  

 

 

  

Reinsurance on recoverable paid losses:

 

 

  

 

  

 

  

 

  

 

 

  

Allowance for reinsurance balances

 

$

5.8

 

 —

 

 —

 

 —

 

$

5.8

Property and casualty insurance and reinsurance premiums receivable:

 

 

  

 

  

 

  

 

  

 

 

  

Allowance for uncollectible accounts

 

$

5.3

 

(0.5)

 

(0.5)

 

0.3

 

$

4.6

December 31, 2016

 

 

  

 

  

 

  

 

  

 

 

  

Reinsurance on recoverable paid losses:

 

 

  

 

  

 

  

 

  

 

 

  

Allowance for reinsurance balances

 

$

5.4

 

 —

 

 —

 

0.4

 

$

5.8

Property and casualty insurance and reinsurance premiums receivable:

 

 

  

 

  

 

  

 

  

 

 

  

Allowance for uncollectible accounts

 

$

4.0

 

1.1

 

 —

 

0.2

 

$

5.3


(1)

Represents net collections (charge-offs) of receivable balances and foreign currency translation.