XML 72 R61.htm IDEA: XBRL DOCUMENT v3.24.3
Goodwill and Other Intangible Assets - Schedule of Acquisition Date Fair Values, Accumulated Amortization and Net Carrying Values for Other Intangibles Assets and Goodwill, By Company (Details) - USD ($)
$ in Millions
9 Months Ended
Sep. 30, 2024
Jun. 30, 2024
Dec. 31, 2023
Sep. 30, 2023
Jun. 30, 2023
Dec. 31, 2022
Acquired Finite-Lived Intangible Assets [Line Items]            
Goodwill $ 439.2 $ 439.2 $ 168.8 $ 168.8 $ 168.8 $ 176.5
Other intangible assets, finite-lived, accumulated amortization 33.6   17.0      
Total other intangible assets 320.1   218.8      
Total other intangible assets 286.5 291.8 201.8 203.3 204.8 215.9
Total goodwill and other intangible assets 759.3   387.6      
Goodwill and other intangible assets 725.7 $ 731.0 370.6 $ 372.1 $ 373.6 $ 392.4
Other            
Acquired Finite-Lived Intangible Assets [Line Items]            
Other intangible assets, finite-lived, accumulated amortization 33.6   17.0      
Total other intangible assets 286.5   201.8      
Operating Segments | P&C Insurance and Reinsurance (Ark/WM Outrigger)            
Acquired Finite-Lived Intangible Assets [Line Items]            
Goodwill and other intangible assets 292.5   292.5      
Operating Segments | P&C Insurance and Reinsurance (Ark/WM Outrigger) | Ark            
Acquired Finite-Lived Intangible Assets [Line Items]            
Goodwill 116.8   116.8      
Operating Segments | P&C Insurance and Reinsurance (Ark/WM Outrigger) | Ark | Underwriting Capacity            
Acquired Finite-Lived Intangible Assets [Line Items]            
Other intangible assets, indefinite-lived 175.7   175.7      
Operating Segments | Asset Management (Kudu)            
Acquired Finite-Lived Intangible Assets [Line Items]            
Goodwill 7.6   7.6      
Goodwill and other intangible assets $ 8.0   8.3      
Operating Segments | Asset Management (Kudu) | Trade names            
Acquired Finite-Lived Intangible Assets [Line Items]            
Other intangible assets, weighted average useful life (in years) 7 years          
Other intangible assets, finite-lived, acquisition date fair value $ 2.2   2.2      
Other intangible assets, finite-lived, accumulated amortization 1.8   1.5      
Other intangible assets, finite-lived, net carrying value 0.4   0.7      
Operating Segments | P&C Insurance Distribution (Bamboo)            
Acquired Finite-Lived Intangible Assets [Line Items]            
Goodwill 270.4   0.0      
Other intangible assets, finite-lived, acquisition date fair value 101.0   0.0      
Other intangible assets, finite-lived, accumulated amortization 12.4   0.0      
Other intangible assets, finite-lived, net carrying value 88.6   0.0      
Goodwill and other intangible assets $ 359.0   0.0      
Operating Segments | P&C Insurance Distribution (Bamboo) | Trade names            
Acquired Finite-Lived Intangible Assets [Line Items]            
Other intangible assets, weighted average useful life (in years) 10 years          
Other intangible assets, finite-lived, acquisition date fair value $ 23.5   0.0      
Other intangible assets, finite-lived, accumulated amortization 1.8   0.0      
Other intangible assets, finite-lived, net carrying value $ 21.7   0.0      
Operating Segments | P&C Insurance Distribution (Bamboo) | Agency relationships            
Acquired Finite-Lived Intangible Assets [Line Items]            
Other intangible assets, weighted average useful life (in years) 6 years          
Other intangible assets, finite-lived, acquisition date fair value $ 72.4   0.0      
Other intangible assets, finite-lived, accumulated amortization 9.1   0.0      
Other intangible assets, finite-lived, net carrying value $ 63.3   0.0      
Operating Segments | P&C Insurance Distribution (Bamboo) | Developed technology            
Acquired Finite-Lived Intangible Assets [Line Items]            
Other intangible assets, weighted average useful life (in years) 3 years          
Other intangible assets, finite-lived, acquisition date fair value $ 4.7   0.0      
Other intangible assets, finite-lived, accumulated amortization 1.1   0.0      
Other intangible assets, finite-lived, net carrying value $ 3.6   0.0      
Operating Segments | P&C Insurance Distribution (Bamboo) | Other            
Acquired Finite-Lived Intangible Assets [Line Items]            
Other intangible assets, weighted average useful life (in years) 3 months 18 days          
Other intangible assets, finite-lived, acquisition date fair value $ 0.4   0.0      
Other intangible assets, finite-lived, accumulated amortization 0.4   0.0      
Other intangible assets, finite-lived, net carrying value 0.0   0.0      
Other Operations            
Acquired Finite-Lived Intangible Assets [Line Items]            
Goodwill 44.4   44.4      
Other intangible assets, finite-lived, acquisition date fair value 41.2   40.9      
Other intangible assets, finite-lived, accumulated amortization 19.4   15.5      
Other intangible assets, finite-lived, net carrying value 21.8   25.4      
Goodwill and other intangible assets $ 66.2   69.8      
Other Operations | Trade names            
Acquired Finite-Lived Intangible Assets [Line Items]            
Other intangible assets, weighted average useful life (in years) 13 years 3 months 18 days          
Other intangible assets, finite-lived, acquisition date fair value $ 13.3   13.3      
Other intangible assets, finite-lived, accumulated amortization 5.3   4.1      
Other intangible assets, finite-lived, net carrying value $ 8.0   9.2      
Other Operations | Customer relationships            
Acquired Finite-Lived Intangible Assets [Line Items]            
Other intangible assets, weighted average useful life (in years) 11 years          
Other intangible assets, finite-lived, acquisition date fair value $ 24.8   24.8      
Other intangible assets, finite-lived, accumulated amortization 12.7   10.3      
Other intangible assets, finite-lived, net carrying value $ 12.1   14.5      
Other Operations | Other            
Acquired Finite-Lived Intangible Assets [Line Items]            
Other intangible assets, weighted average useful life (in years) 11 years 9 months 18 days          
Other intangible assets, finite-lived, acquisition date fair value $ 3.1   2.8      
Other intangible assets, finite-lived, accumulated amortization 1.4   1.1      
Other intangible assets, finite-lived, net carrying value $ 1.7   $ 1.7