XML 64 R55.htm IDEA: XBRL DOCUMENT v3.20.2
Investments in unconsolidated entities (Tables)
 12 Months Ended
Dec. 31, 2019
Investments in unconsolidated entities  
Schedule of components of Other long-term investments
The following table presents the components of Other long-term investments as of December 31, 2019 and 2018:
(Millions)
2019

2018

Equity method eligible unconsolidated entities, at fair value
$
151.9

$
169.4

Other unconsolidated investments, at fair value(1)
194.9

195.6

Total Other long-term investments(2)
$
346.8

$
365.0

(1)Includes Other long-term investments that are not equity method eligible.
(2)There were no investments accounted for using the equity method as of December 31, 2019 and 2018.
Schedule of investments in equity method eligible unconsolidated entities
The following table presents Sirius Group's investments in equity method eligible unconsolidated entities as of December 31, 2019 and 2018:
 
Ownership interest as of December 31,
Investee
2019

2018

Instrument Held
BE Reinsurance Limited
24.9
%
25.0
%
Common shares
BioVentures Investors (Offshore) IV ﾠLP
73.0
%
73.0
%
Units
Camden Partners Strategic Fund V (Cayman),ﾠ LP
39.4
%
36.4
%
Units
Diamond LS I LP
16.0
%
3.9
%
Units
Gateway Fund LP
15.0
%
—
%
Units
Monarch
12.8
%
12.8
%
Units
NEC Cypress BuyerﾠLLC(1)
—
%
13.3
%
Units
New Energy Capital Infrastructure Credit Fundﾠ LP
30.5
%
22.9
%
Units
New Energy Capital Infrastructure Offshore Credit Fundﾠ LP
30.5
%
54.9
%
Units
Pie Preferred Stock(2)
30.1
%
—
%
Preferred shares
Pie Series B Preferred Stock(2)
22.4
%
—
%
Preferred shares
Quintana Energy Partners
21.8
%
21.8
%
Units
Tuckerman Capital VﾠLP
48.3
%
47.6
%
Units
Tuckerman Capital V Co-Investment IﾠLP
48.1
%
47.7
%
Units
(1)The ownership of NEC Cypress Buyer LLC was liquidated in 2019.
(2)Sirius Group holds investments in several financing instruments of Pie Insurance Holdings, Inc.
Schedule of summarized financial information of investments in equity method eligible unconsolidated entities
The following tables present aggregated summarized financial information for Sirius Group's investments in equity method eligible unconsolidated entities:
 
As of December 31,
(Millions)
2019

2018

Balance sheet data:
 
 
Total assets
$
594.5

$
591.1

Total liabilities
$
47.6

$
28.7

 
For the years ended December 31,
(Millions)
2019

2018

2017

Income statement data:
 
 
 
Revenues
$
72.7

$
55.4

$
60.3

Expenses
$
(30.2
)
$
(25.1
)
$
(28.8
)