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Debt and standby letters of credit facilities (Tables)
 3 Months Ended
Mar. 31, 2020
Debt Disclosure [Abstract]  
Schedule of debt outstanding
Sirius Group's debt outstanding as of March 31, 2020 and December 31, 2019 consisted of the following:
(Millions)
March 31, 2020

Effective Rate(1)

December 31, 2019

Effective Rate(1)

2017 SEK Subordinated Notes, at face value
$
274.2

4.2
%
$
295.0

4.0
%
Unamortized issuance costs
(3.6
)
 
(3.8
)
 
2017 SEK Subordinated Notes, carrying value
270.6

 
291.2

 
2016 SIG Senior Notes, at face value
400.0

4.7
%
400.0

4.7
%
Unamortized discount
(2.2
)
 
(2.3
)
 
Unamortized issuance costs
(3.6
)
 
(3.7
)
 
2016 SIG Senior Notes, carrying value
394.2

 
394.0

 
Total debt
$
664.8

 
$
685.2

 
(1) Effective rate considers the effect of the debt issuance costs.