v3.25.2
Municipal Bond Guarantee Insurance - Narrative (Details)
$ in Millions
3 Months Ended 6 Months Ended
Aug. 06, 2025
USD ($)
Jun. 30, 2025
USD ($)
Jun. 30, 2024
USD ($)
Jun. 30, 2025
USD ($)
Jun. 30, 2024
USD ($)
Dec. 31, 2024
USD ($)
Jul. 01, 2024
USD ($)
Guarantor Obligations [Line Items]              
Member surplus contributions, insurance premium charges, percentage   55.00%   55.00%      
Premiums written, gross     $ 13.6   $ 24.1    
Gross earned premiums     9.0   16.8    
Assets held-in-trust   $ 984.1   $ 984.1   $ 950.1  
Collateral trusts, investments and cash   299.4   299.4   289.4  
Surplus notes   300.9   300.9   300.9  
Interest receivable   7.5   7.5   7.7  
Debt   694.6   694.6   562.5  
Interest income from BAM Surplus Notes   7.5 0.0 15.0 0.0    
Operating Segments | Financial Guarantee (HG Global)              
Guarantor Obligations [Line Items]              
Debt   147.6   147.6   147.4  
Interest income from BAM Surplus Notes   7.5 0.0 15.0 0.0    
Notes receivable, fair value disclosure   396.7   396.7   381.7 $ 387.4
BAM Surplus Notes              
Guarantor Obligations [Line Items]              
Distribution received   22.2 $ 6.0 22.2 $ 32.3    
Surplus notes distribution received   15.2   15.2      
Cash distribution received   7.0   $ 7.0      
BAM Surplus Notes | Surplus Notes              
Guarantor Obligations [Line Items]              
Basis spread on variable rate       3.00%      
Stated margin     8.20%   8.20%   10.00%
Repayments of the BAM Surplus Notes subsequent to the deconsolidation of BAM     $ 8.0   $ 8.0    
Repayment of principal         5.1    
Accrued interest payment held in trust     0.3   0.3    
Accrued interest payment held outside of trust     $ 2.6   $ 2.6    
Debt   300.9   $ 300.9   300.9  
Interest receivable   $ 209.8   $ 209.8   $ 194.8  
BAM Surplus Notes | Surplus Notes | Subsequent Event              
Guarantor Obligations [Line Items]              
Repayments of the BAM Surplus Notes subsequent to the deconsolidation of BAM $ 8.0            
BAM Surplus Notes | Surplus Notes | Discount Rate              
Guarantor Obligations [Line Items]              
Debt instrument, measurement input   0.0800   0.0800   0.0810  
Subsidiary - HG Global              
Guarantor Obligations [Line Items]              
Purchase of surplus notes       $ 503.0      
Percentage of risk premium ceded   60.00%   60.00%      
Renegotiation period       5 years      
Premiums written, gross   $ 19.2   $ 25.9      
Gross earned premiums   7.1   $ 15.3      
Percent over a target trust balance       102.00%      
Subsidiary - HG Global | Regulation 114              
Guarantor Obligations [Line Items]              
Assets held-in-trust   376.3   $ 376.3   $ 352.1  
Supplement trust target   603.0   603.0      
Subsidiary - HG Global | Supplemental Trust              
Guarantor Obligations [Line Items]              
Assets held-in-trust   $ 607.8   $ 607.8   $ 598.0  
Subsidiary - HG Global | Maximum              
Guarantor Obligations [Line Items]              
Percentage of par value of policy reinsured   15.00%   15.00%      
Variable Interest Entity, Primary Beneficiary - Build America Mutual Assurance Company | Fidus Re Ltd.              
Guarantor Obligations [Line Items]              
Reinsured amount       $ 125.0