XML 144 R135.htm IDEA: XBRL DOCUMENT v3.20.2
Statutory capital and surplus - Dividend Capacity, Capital Maintenance and Safety Reserve (Details)
kr in Millions, $ in Millions
12 Months Ended
Dec. 31, 2021
Dec. 31, 2019
USD ($)
Dec. 31, 2019
SEK (kr)
Dec. 31, 2018
USD ($)
Dec. 31, 2019
SEK (kr)
Dividend Capacity          
Dividend declaration notice period   10 days 10 days    
Target capital level   120.00%     120.00%
Dividends paid to shareholders   $ 0.0   $ 0.0  
Net unrestricted cash, short term investments, and fixed maturity investments   42.9      
Safety Reserve          
Deferred tax liability   $ 281.0   302.2  
Swedish Tax Authority          
Safety Reserve          
Statutory tax rate (as a percent)   21.40% 21.40%    
Additional tax expense   $ 1.2 kr 11.4    
Deferred tax liability   $ 13.5     kr 131.2
Sirius Bermuda          
Dividend Capacity          
Percentage of regulatory capital available for distribution without prior approval of regulatory authorities   25.00% 25.00%    
Minimum number of days before, capital to be transferred   7 days 7 days    
Amount available for dividend payments   $ 523.8      
Ownership percentage   87.00%     87.00%
Dividends paid   $ 80.0      
Sirius International          
Dividend Capacity          
Amount available for dividend payments   $ 401.5      
Ownership percentage   82.00%     82.00%
Dividends paid   $ 17.7 kr 167.1    
Safety Reserve          
Safety reserve   1,100.0     kr 10,200.0
Amount equal to the deferred tax liability on the safety reserve that is included in solvency capital   $ 225.9      
Sirius America          
Dividend Capacity          
Percentage of statutory surplus available for dividend payments without regulatory approval   10.00% 10.00%    
Earned surplus   $ 88.8      
Capital Maintenance          
Statutory risk-based capital required, percent   125.00%     125.00%
U.S. | Sirius America          
Dividend Capacity          
Actual statutory capital and surplus   $ 522.1   $ 522.2  
Scenario, Forecast | Swedish Tax Authority          
Safety Reserve          
Statutory tax rate (as a percent) 20.60%