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Municipal Bond Guarantee Insurance (Tables)
 3 Months Ended
Mar. 31, 2023
Guarantees [Abstract]  
Schedule of Municipal Bond Guarantee Insured Obligations
The following table presents a schedule of BAM’s insured obligations as of March 31, 2023 and December 31, 2022:
March 31, 2023December 31, 2022
Contracts outstanding13,607 13,382 
Remaining weighted average contract period (in years)10.810.8
Contractual debt service outstanding (in millions):
Principal $101,785.7 $99,996.9 
Interest49,801.9 48,880.6 
Total debt service outstanding$151,587.6 $148,877.5 
Gross unearned insurance premiums (in millions)$299.8 $298.3 
Financial Guarantee Insurance Contracts, Premium Received over Contract Period
The following table presents a schedule of BAM’s future premium revenues as of March 31, 2023:
MillionsMarch 31, 2023
April 1, 2023 - December 31, 2023$20.9 
January 1, 2024 - March 31, 20246.8 
April 1, 2024 - June 30, 20246.7 
July 1, 2024 - September 30, 20246.5 
October 1, 2024 - December 31, 20246.4 
Total 202426.4 
202524.7 
202623.1 
202721.5 
202819.8 
2029 and thereafter163.4 
Total gross unearned insurance premiums$299.8 
Schedule of Gross Written Premiums
The following table presents a schedule of written premiums and earned premiums included in the HG Global/BAM segment for the three months ended March 31, 2023 and 2022:
Three Months Ended March 31,
Millions20232022
Written premiums:
Direct$9.2 $9.4 
Assumed— — 
Gross written premiums (1)
$9.2 $9.4 
Earned premiums:
Direct$7.0 $7.6 
Assumed.7 .8 
Gross earned premiums (1)
$7.7 $8.4 
(1) There are no ceded premium amounts in the periods presented, and gross earned premiums are equivalent to net written premiums and net earned premiums.