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Catastrophe Reinsurance (Tables)
 12 Months Ended
Dec. 31, 2020
Reinsurance Disclosures [Abstract]  
Reinsurance Retention Policy
Coverage on individual catastrophes provided under the excess of loss reinsurance contracts effective January 1, 2020 to December 31, 2020 is provided in various layers as presented below.
DOLLARS IN MILLIONSCatastrophe Losses and
LAE		Percentage
of Coverage
In Excess ofUp to
Retained$— $50.0 — %
1st Layer of Coverage50.0 150.0 95.0 
2nd Layer of Coverage150.0 250.0 95.0 
3rd Layer of Coverage250.0 275.0 95.0 
Coverage on individual catastrophes provided under the excess of loss reinsurance contracts effective January 1, 2019 to December 31, 2019 is provided in various layers as presented below.
DOLLARS IN MILLIONSCatastrophe Losses and
LAE		Percentage
of Coverage
In Excess ofUp to
Retained$— $50.0 — %
1st Layer of Coverage50.0 150.0 95.0 
2nd Layer of Coverage150.0 250.0 95.0 
3rd Layer of Coverage250.0 275.0 95.0 
Coverage on individual catastrophes provided under the excess of loss reinsurance contracts effective January 1, 2018 to December 31, 2018 is provided in various layers as presented below.
DOLLARS IN MILLIONSCatastrophe Losses and
LAE		Percentage
of Coverage
In Excess ofUp to
Retained$— $50.0 — %
1st Layer of Coverage50.0 150.0 95.0 
2nd Layer of Coverage (Tranche A)150.0 250.0 63.3 
2nd Layer of Coverage (Tranche B)150.0 350.0 31.7 
Coverage provided under the 2020 aggregate property catastrophe reinsurance contract is summarized below.
Aggregate Catastrophe
Losses and LAE
DOLLARS IN MILLIONSIn Excess ofUp to
Retained$— $60.0 
Coverage60.0 110.0 
NOTE 20. CATASTROPHE REINSURANCE (Continued)
Coverage provided under the 2019 aggregate property catastrophe reinsurance contract is summarized below.
Aggregate Catastrophe
Losses and LAE
DOLLARS IN MILLIONSIn Excess ofUp to
Retained$— $60.0 
Coverage60.0 110.0 
Catastrophe Reinsurance Premiums
Reinsurance premiums for the Company’s catastrophe reinsurance programs and the FHCF Program reduced earned premiums for the years ended December 31, 2020, 2019 and 2018 by the following:
DOLLARS IN MILLIONS202020192018
Specialty Property & Casualty Insurance$4.8 $0.2 $2.6 
Preferred Property & Casualty Insurance20.7 20.2 17.8 
Life & Health Insurance1.2 0.1 0.1 
Total Ceded Catastrophe Reinsurance Premiums$26.7 $20.5 $20.5 
Catastrophe Losses and LAE, Net Reinsurance Recoveries
Catastrophe losses and LAE (including reserve development), net of reinsurance recoveries, for the years ended December 31, 2020, 2019 and 2018 by business segment are presented below.
DOLLARS IN MILLIONS202020192018
Specialty Property & Casualty Insurance$12.5 $11.6 $4.4 
Preferred Property & Casualty Insurance81.5 44.6 79.1 
Life & Health Insurance12.9 3.9 4.1 
Total Catastrophe Losses and LAE$106.9 $60.1 $87.6