v3.25.2
Investment Securities - Narrative (Details)
$ / shares in Units, shares in Millions, $ in Millions
3 Months Ended 6 Months Ended 12 Months Ended
Jun. 30, 2024
USD ($)
$ / shares
shares
Jun. 30, 2025
USD ($)
fund
$ / shares
shares
Dec. 31, 2024
USD ($)
$ / shares
Concentration Risk [Line Items]      
Other long-term investments   $ 2,307.1 $ 2,150.2
Total investments   6,798.6 6,477.6
Private equity funds      
Concentration Risk [Line Items]      
Other long-term investments   $ 247.0  
Number of investments | fund   17  
Hedge funds      
Concentration Risk [Line Items]      
Number of investments | fund   2  
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   $ 270.9 264.7
Written notice period   15 days  
Lloyd’s trust deposits      
Concentration Risk [Line Items]      
Other long-term investments   $ 159.0 149.9
ILS funds      
Concentration Risk [Line Items]      
Other long-term investments   $ 73.6 74.0
ILS funds | Minimum      
Concentration Risk [Line Items]      
Notice period   30 days  
ILS funds | Maximum      
Concentration Risk [Line Items]      
Notice period   90 days  
IPO | 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   $ 306.8 236.7
Fair value measured on a recurring basis | MediaAlpha      
Concentration Risk [Line Items]      
Other long-term investments   195.5 201.6
Fair value measured on a recurring basis | Collateralized loan obligations      
Concentration Risk [Line Items]      
Fixed maturity investments, at fair value   306.8 236.7
Lloyd’s trust deposits      
Concentration Risk [Line Items]      
Other long-term investments   159.0 149.9
Lloyds Bank      
Concentration Risk [Line Items]      
Total investments   357.8 361.5
Additional Investments, Insurance Regulators and Reinsurance Counterparties | Asset Pledged as Collateral      
Concentration Risk [Line Items]      
Total investments   243.1 226.5
Outrigger Re      
Concentration Risk [Line Items]      
Short-term investments, at fair value   220.2 203.7
Bamboo CRV      
Concentration Risk [Line Items]      
Restricted cash   41.9 32.2
Pledged collateral   $ 41.3 $ 46.7
MediaAlpha      
Concentration Risk [Line Items]      
Shares purchased (in shares) | shares 7.6    
Purchase price (in dollars per share) | $ / shares $ 19.00 $ 10.95 $ 11.29
Purchase price net of underwriting fees (in dollars per share) | $ / shares $ 18.24    
Investment owned (in shares) | shares   17.9  
Ownership interest (as a percent)   26.30% 26.60%
Fully diluted ownership interest (as a percent)   24.30%  
Increase in investment owned (in dollars per share) | $ / shares   $ 1.00  
MediaAlpha | Secondary Offering      
Concentration Risk [Line Items]      
Sale of stock, number of shares issued in transaction (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   $ 84.1 $ 59.2