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Investment Securities - Narrative (Details)
$ / shares in Units, shares in Millions, $ in Millions
3 Months Ended 12 Months Ended
Jun. 30, 2024
USD ($)
$ / shares
shares
Jun. 30, 2023
$ / shares
shares
Dec. 31, 2025
USD ($)
fund
$ / shares
shares
Dec. 31, 2024
USD ($)
$ / shares
shares
Dec. 31, 2023
USD ($)
Concentration Risk [Line Items]          
Gross realized investment gains     $ 117.1 $ 139.1 $ 113.7
Loss on sale of investment securities     5.6 21.1 16.9
Proceeds from sale and maturity of investments     $ 1,400.0 $ 1,200.0 $ 800.0
Weighted average portfolio period     1 year 6 months 1 year 10 months 24 days  
Weighted average portfolio period, excluding short-term invetments     2 years 6 months 2 years 7 months 6 days  
Other long-term investments     $ 2,958.5 $ 2,150.2  
Total investments     8,323.9 6,417.6  
Level 3 | Recent transaction          
Concentration Risk [Line Items]          
Other long-term investments     250.4 23.4  
Private equity funds          
Concentration Risk [Line Items]          
Other long-term investments     $ 251.2    
Number of investments | fund     17    
Unfunded Commitments     $ 65.8 83.7  
Hedge funds          
Concentration Risk [Line Items]          
Number of investments | fund     2    
Unfunded Commitments     $ 0.0 0.0  
Hedge funds | Minimum          
Concentration Risk [Line Items]          
Notice period     45 days    
Hedge funds | Maximum          
Concentration Risk [Line Items]          
Notice period     90 days    
Bank loan fund          
Concentration Risk [Line Items]          
Other long-term investments     $ 308.5 264.7  
Other long-term investments, redemption, written notice period     15 days    
Foreign Regulatory Deposits          
Concentration Risk [Line Items]          
Other long-term investments     $ 180.4 149.9  
ILS funds          
Concentration Risk [Line Items]          
Other long-term investments     $ 50.1 74.0  
ILS funds | Minimum          
Concentration Risk [Line Items]          
Notice period     30 days    
Infrastructure Fund          
Concentration Risk [Line Items]          
Other long-term investments, redemption, written notice period     90 days    
Unfunded Commitments     $ 100.0    
MediaAlpha          
Concentration Risk [Line Items]          
Increase in book value per share (in dollars per share) | $ / shares     $ 7.00    
Collateralized loan obligations          
Concentration Risk [Line Items]          
Fixed maturity investments, at fair value     $ 347.0 236.7  
Collateralized loan obligations | Level 3          
Concentration Risk [Line Items]          
Fixed maturity investments, at fair value     0.0 0.0  
Fair value measured on a recurring basis | MediaAlpha          
Concentration Risk [Line Items]          
Other long-term investments     231.2 201.6  
Fair value measured on a recurring basis | MediaAlpha | Level 3          
Concentration Risk [Line Items]          
Other long-term investments     0.0 0.0  
Fair value measured on a recurring basis | Collateralized loan obligations          
Concentration Risk [Line Items]          
Fixed maturity investments, at fair value     347.0 236.7  
Fair value measured on a recurring basis | Collateralized loan obligations | Level 3          
Concentration Risk [Line Items]          
Fixed maturity investments, at fair value     0.0 0.0  
Lloyd’s trust deposits          
Concentration Risk [Line Items]          
Other long-term investments     180.4 149.9  
Lloyds Bank          
Concentration Risk [Line Items]          
Total investments     361.6 361.5  
Additional Investments, Insurance Regulators and Reinsurance Counterparties | Asset Pledged as Collateral          
Concentration Risk [Line Items]          
Total investments     257.2 226.5  
Outrigger Re          
Concentration Risk [Line Items]          
Short-term investments, at fair value     245.7 203.7  
Bamboo Captive          
Concentration Risk [Line Items]          
Pledged collateral       32.2  
Bamboo CRV          
Concentration Risk [Line Items]          
Pledged collateral     25.7 $ 46.7  
Distinguished Transaction          
Concentration Risk [Line Items]          
Pledged collateral     $ 56.8    
MediaAlpha          
Concentration Risk [Line Items]          
Shares purchased (in shares) | shares 7.6 5.9      
Purchase price (in dollars per share) | $ / shares $ 19.00 $ 10.00 $ 12.95 $ 11.29  
Net of underwriting fees (in dollars per share) | $ / shares $ 18.24        
Investment owned (in shares) | shares     17.9 17.9  
Ownership interest (as a percent)     27.40% 26.60%  
Increase in investment owned (in dollars per share) | $ / shares     $ 1.00    
MediaAlpha | Secondary Offering          
Concentration Risk [Line Items]          
Number of shares issued (in shares) | shares 5.0        
Proceeds from sale of business $ 91.2        
Largest Investment | Investments | Private Equity and Hedge Fund Concentration Risk          
Concentration Risk [Line Items]          
Other long-term investments     $ 110.6 $ 59.2