v3.26.1
Reinsurance - Summary of Assumed and Ceded Reinsurance on Premiums Written, Premiums Earned and Insurance Losses and Loss Adjustment Expenses (Details) - USD ($)
$ in Millions
12 Months Ended
Dec. 31, 2025
Dec. 31, 2024
Dec. 31, 2023
Premiums written:      
Insurance $ 2,768.1 $ 2,723.5 $ 2,446.6
Reinsurance 1,905.1 1,885.8 1,521.0
Ceded (1,837.2) (1,666.7) (1,385.7)
Net written premiums 2,836.0 2,942.6 2,581.9
Premiums earned:      
Insurance 2,752.2 2,565.7 2,444.8
Reinsurance 1,850.0 1,822.1 1,562.0
Ceded (1,770.3) (1,498.1) (1,392.3)
Net premiums earned [1] 2,831.9 2,889.7 2,614.5
Losses and loss adjustment expenses:      
Insurance (1,647.2) (1,759.1) (1,644.5)
Reinsurance (985.9) (915.8) (707.2)
Ceded 1,086.4 957.1 798.7
Losses and loss adjustment expenses [1] $ (1,546.7) $ (1,717.8) $ (1,553.0)
[1] Net earned premiums and losses and loss adjustment expenses include related party balances of $5.9 million and $3.7 million, respectively, for the twelve months ended December 31, 2025. Refer to Note 20, “Related Party Transactions” for further details.