Transactions with Affiliates

12 Months Ended

Dec. 31, 2020

Transactions with Affiliates [Abstract]

Transactions with Affiliates:

The Company is affiliated with a policyholder owned mutual insurer, American Business & Mercantile Insurance Mutual, Inc. ("AB&M" or "the Mutual") whose formation it sponsored in 1981. The Mutual is managed through a service agreement with several Old Republic subsidiaries. AB&M's underwriting operations are limited to certain types of coverages not provided by Old Republic, and to a small amount of intercompany reinsurance placements. The following table shows certain unaudited information reflective of such business:


	Assumed from Old Republic						Ceded to Old Republic
Years Ended December 31:	2020		2019		2018		2020		2019		2018
Premiums earned	$	3.6	$	3.2	$	2.3	$	.3	$	.4	$	.4
Commissions and fees	1.1		1.0		.7		—		—		—
Losses and loss expenses	2.4		(.5)		(2.3)		.8		(.2)		(.5)
Loss and loss expense reserves	8.7		10.5		11.9		3.9		3.4		4.0
Unearned premiums	$	—	$	—	$	—	$	—	$	—	$	—

As of December 31, 2020 and 2019, the Mutual's statutory capital included surplus notes due to Old Republic of $10.5 out of total statutory capital of $44.3 and $46.4, respectively. AB&M's accounts are not consolidated with Old Republic's since it is owned by its policyholders and, in any event, their inclusion would not have a significant effect on Old Republic's consolidated financial statements.