v3.25.4
Borrowings - Changes in the carrying values of borrowings (Details)
$ in Millions, $ in Millions
12 Months Ended
Jun. 17, 2025
USD ($)
Jun. 17, 2025
CAD ($)
Jul. 19, 2024
USD ($)
Dec. 31, 2025
USD ($)
Dec. 31, 2024
USD ($)
Dec. 31, 2025
CAD ($)
Changes in the carrying values of borrowings            
Balance - January 1       $ 11,753.7 $ 9,723.5  
Cash inflows from issuances       2,062.6 3,811.8  
Cash outflows from repayments       (772.1) (1,875.0)  
Net cash inflows (outflows) from credit facilities and short term loans       324.3 (51.2)  
Non-cash changes:            
Acquisition of subsidiaries         466.6  
Deconsolidation of subsidiary       (135.2)    
Foreign exchange effect and other       409.6 (322.0)  
Balance - December 31       13,642.9 11,753.7  
Borrowings, Principal       13,743.3 11,874.1  
Brit primary co-obligor on 4.73% unsecured senior notes due November 22, 2034 (Cdn$450.0)            
Non-cash changes:            
Transfer $ 335.9 $ 456.0        
Brit primary co-obligor on 5.23% unsecured senior notes due November 23, 2054 (Cdn$250.0)            
Non-cash changes:            
Transfer 185.6 251.9        
Holding company            
Changes in the carrying values of borrowings            
Balance - January 1       7,882.4 6,928.9  
Cash inflows from issuances       1,393.3 2,430.9  
Cash outflows from repayments       (165.0) (702.1)  
Non-cash changes:            
Transfer       (519.8) (594.2)  
Foreign exchange effect and other       257.2 (181.1)  
Balance - December 31       8,848.1 7,882.4  
Borrowings, Principal       8,922.7 7,976.1  
Holding company | Brit primary co-obligor on 4.73% unsecured senior notes due November 22, 2034 (Cdn$450.0)            
Non-cash changes:            
Transfer 335.9 456.0        
Borrowings, Principal   $ 450.0        
Interest rate   4.73%        
Holding company | Brit primary co-obligor on 5.23% unsecured senior notes due November 23, 2054 (Cdn$250.0)            
Non-cash changes:            
Transfer $ 185.6 $ 251.9        
Borrowings, Principal   $ 250.0        
Interest rate   5.23%        
Insurance and reinsurance companies            
Changes in the carrying values of borrowings            
Balance - January 1       975.8 895.6  
Cash inflows from issuances       65.5    
Cash outflows from repayments       (47.1) (507.7)  
Net cash inflows (outflows) from credit facilities and short term loans       84.9    
Non-cash changes:            
Transfer       519.8 594.2  
Foreign exchange effect and other       8.7 (6.3)  
Balance - December 31       1,607.6 975.8  
Borrowings, Principal       1,607.5 979.2  
Insurance and reinsurance companies | Brit primary co-obligor on 4.73% unsecured senior notes due November 22, 2034 (Cdn$450.0)            
Non-cash changes:            
Balance - December 31       331.4    
Borrowings, Principal       $ 328.3   $ 450.0
Interest rate       4.73%   4.73%
Insurance and reinsurance companies | Brit primary co-obligor on 5.23% unsecured senior notes due November 23, 2054 (Cdn$250.0)            
Non-cash changes:            
Balance - December 31       $ 183.1    
Borrowings, Principal       $ 182.4   $ 250.0
Interest rate       5.23%   5.23%
Insurance and reinsurance companies | Allied World primary co-obligor on 6.10% unsecured senior notes due March 15, 2055            
Changes in the carrying values of borrowings            
Balance - January 1       $ 594.2    
Non-cash changes:            
Balance - December 31       594.3 594.2  
Cash received from holding company     $ 596.6      
Borrowings, Principal     $ 600.0 $ 600.0 $ 600.0  
Interest rate     6.10% 6.10% 6.10% 6.10%
Non-insurance companies            
Changes in the carrying values of borrowings            
Balance - January 1       $ 2,895.5 $ 1,899.0  
Cash inflows from issuances       603.8 1,380.9  
Cash outflows from repayments       (560.0) (665.2)  
Net cash inflows (outflows) from credit facilities and short term loans       239.4 (51.2)  
Non-cash changes:            
Acquisition of subsidiaries         466.6  
Deconsolidation of subsidiary       (135.2)    
Foreign exchange effect and other       143.7 (134.6)  
Balance - December 31       3,187.2 2,895.5  
Borrowings, Principal       $ 3,213.1 $ 2,918.8