XML 83 R73.htm IDEA: XBRL DOCUMENT v3.22.2.2
Loss and Loss Adjustment Expense Reserves (Details) - USD ($)
$ in Millions
3 Months Ended 9 Months Ended
Sep. 30, 2022
Sep. 30, 2021
Sep. 30, 2022
Sep. 30, 2021
Dec. 31, 2021
Dec. 31, 2020
Dec. 31, 2019
Dec. 31, 2018
Liability for Unpaid Claims and Claims Adjustment Expense [Roll Forward]                
Gross beginning balance $ 1,022.1 $ 760.0 $ 894.7 $ 696.0        
Less: beginning reinsurance recoverable on unpaid losses (375.5) (425.3) (428.9) (433.4)        
Net loss and LAE reserves 646.6 334.7 465.8 262.6        
Loss and LAE incurred relating to:                
Current year losses 222.9 141.9 491.8 269.0        
Prior year losses (9.2) (12.7) (35.6) (21.2)        
Net incurred losses and LAE 213.7 129.2 456.2 247.8        
Loss and LAE paid relating to:                
Current year losses (6.1) (9.0) (20.8) (11.5)        
Prior year losses (37.0) (20.3) (130.8) (62.1)        
Net paid loss and LAE (43.1) (29.3) (151.6) (73.6)        
Change in TPC providers’ participation 0.0 0.0 57.5 (2.2)        
Foreign currency translation and other adjustments to loss and LAE reserves (9.2) (1.2) (19.9) (1.2)        
Net ending balance 808.0 433.4 808.0 433.4        
Plus: ending reinsurance recoverable on unpaid losses 521.4 457.5 521.4 457.5        
Gross ending balance 1,329.4 890.9 1,329.4 890.9        
Liability for Claims and Claims Adjustment Expense [Line Items]                
Loss and loss adjustment expense reserves 521.4 457.5 521.4 457.5 $ 428.9 $ 433.4    
Ark                
Liability for Unpaid Claims and Claims Adjustment Expense [Roll Forward]                
Gross beginning balance     894.7          
Loss and LAE paid relating to:                
Gross ending balance 1,329.4   1,329.4          
Liability for Claims and Claims Adjustment Expense [Line Items]                
Reinsurance recoverables 550.9 465.6 550.9 465.6 $ 448.4      
TPC Providers | Ark                
Liability for Claims and Claims Adjustment Expense [Line Items]                
Reinsurance recoverables 168.0 299.9 168.0 299.9        
TPC Providers                
Liability for Unpaid Claims and Claims Adjustment Expense [Roll Forward]                
Less: beginning reinsurance recoverable on unpaid losses (182.4) (314.6)            
Loss and LAE paid relating to:                
Plus: ending reinsurance recoverable on unpaid losses 276.8 319.2 276.8 319.2        
Liability for Claims and Claims Adjustment Expense [Line Items]                
Loss and loss adjustment expense reserves $ 276.8 319.2 $ 276.8 319.2        
Reinsurance recoverables   $ 299.9   $ 299.9        
Ark | TPC Providers                
Liability for Claims and Claims Adjustment Expense [Line Items]                
Percent of underwriting capital provided by third parties           42.80% 58.30% 57.60%