XML 182 R141.htm IDEA: XBRL DOCUMENT v3.22.0.1
Reinsurance and Indemnification- Florida Hurricane Catastrophe Fund (“FHCF”), Insurance Linked Securities (“ILS”) (Details)
$ in Millions
12 Months Ended
Dec. 31, 2021
USD ($)
contract
reinstatement
Dec. 31, 2020
USD ($)
Dec. 31, 2019
USD ($)
Ceded Credit Risk [Line Items]      
Property-liability insurance premiums earned $ 1,982 $ 1,154 $ 1,136
Florida Hurricane Catastrophe Fund      
Ceded Credit Risk [Line Items]      
Catastrophe reinsurance aggregate loss limit 1,530    
Retention amount for catastrophe reinsurance agreement contracts $ 40    
Contracts number | contract 2    
Reinsurance ceded amount $ 253    
Property-liability insurance premiums earned $ 15 9 9
Florida Hurricane Catastrophe Fund | Florida Hurricane Catastrophe Fund, Contract One      
Ceded Credit Risk [Line Items]      
Retention percentage of reinsurance limit 90.00%    
Florida Hurricane Catastrophe Fund | Florida Hurricane Catastrophe Fund, Contract Two      
Ceded Credit Risk [Line Items]      
Retention percentage of reinsurance limit 90.00%    
Florida Hurricane Catastrophe Fund | Traditional Market      
Ceded Credit Risk [Line Items]      
Limit of aggregate losses under aggregate excess agreement $ 999    
Florida Hurricane Catastrophe Fund | Insurance Linked Securities (ILS)      
Ceded Credit Risk [Line Items]      
Limit of aggregate losses under aggregate excess agreement $ 275    
Retention percentage of reinsurance limit 73.00%    
Catastrophe Reinsurance Program      
Ceded Credit Risk [Line Items]      
Catastrophe reinsurance aggregate loss limit $ 5,760    
Retention amount for catastrophe reinsurance agreement contracts 500    
Catastrophe reinsurance loss amount 2,500    
Property-liability insurance premiums earned 556 $ 425 $ 386
Catastrophe Reinsurance Program | Traditional Market      
Ceded Credit Risk [Line Items]      
Limit of aggregate losses under aggregate excess agreement $ 3,730    
Contracts number | contract 4    
Number of reinstatements each year for each contract | reinstatement 1    
Catastrophe Reinsurance Program | Insurance Linked Securities (ILS)      
Ceded Credit Risk [Line Items]      
Limit of aggregate losses under aggregate excess agreement $ 1,700    
National General Lender Services Standalone Program | Traditional Market      
Ceded Credit Risk [Line Items]      
Retention amount for catastrophe reinsurance agreement contracts 50    
Loss from catastrophes $ 190    
Number of reinstatements each year for each contract | reinstatement 1    
National General Reciprocal Excess Catastrophe Reinsurance Contract | Traditional Market      
Ceded Credit Risk [Line Items]      
Retention amount for catastrophe reinsurance agreement contracts $ 20    
Loss from catastrophes $ 545    
Number of reinstatements each year for each contract | reinstatement 1