v3.26.3
Investment Securities - Net Realized and Unrealized Investment Gains (Losses) (Details) - USD ($)
$ in Millions
3 Months Ended 9 Months Ended
Sep. 30, 2026
Sep. 30, 2025
Sep. 30, 2026
Sep. 30, 2025
Gain (Loss) on Securities [Line Items]        
Net realized and unrealized investment gains (losses) $ (123.0) $ 83.9 $ 31.6 $ 251.2
Gross realized investment gains 21.0 21.9 78.7 103.9
Gross realized investment losses 3.1 0.5 12.0 4.4
MediaAlpha        
Gain (Loss) on Securities [Line Items]        
Net realized and unrealized investment gains (losses) (53.6) 7.7 (60.4) 1.6
Net realized and unrealized investment (losses) gains        
Gain (Loss) on Securities [Line Items]        
Net realized investment gains (losses) 17.9 21.4 66.7 99.5
Net unrealized investment gains (losses) (140.9) 62.5 (35.1) 151.7
Fixed maturity investments        
Gain (Loss) on Securities [Line Items]        
Net realized investment gains (losses) (0.5) 0.7 (1.4) (1.2)
Net unrealized investment gains (losses) (72.5) 13.0 (99.3) 52.4
Short-term investments        
Gain (Loss) on Securities [Line Items]        
Net realized investment gains (losses) (0.6) 0.5 (0.5) 1.0
Net unrealized investment gains (losses) (0.1) (0.4) (0.8) 0.1
Common equity securities        
Gain (Loss) on Securities [Line Items]        
Net realized investment gains (losses) 7.5 0.0 19.9 67.7
Net unrealized investment gains (losses) (5.7) 2.6 0.7 (29.0)
Net realized and unrealized investment gains (losses) 1.8 2.6 20.6 38.7
Investment in MediaAlpha | MediaAlpha        
Gain (Loss) on Securities [Line Items]        
Net unrealized investment gains (losses) (53.6) 7.7 (60.4) 1.6
Net realized and unrealized investment gains (losses) (53.6) 7.7 (60.4) 1.6
Other long-term investments        
Gain (Loss) on Securities [Line Items]        
Net realized investment gains (losses) 11.5 20.2 48.7 32.0
Net unrealized investment gains (losses) (9.0) 39.6 124.7 126.6
Fixed maturity and short-term investments        
Gain (Loss) on Securities [Line Items]        
Net realized and unrealized investment gains (losses) (73.7) 13.8 (102.0) 52.3
Less: net realized and unrealized gains (losses) on investment securities sold during the period (0.9) 0.8 (3.9) 3.3
Net unrealized investment gains (losses) recognized during the period on investment securities held at the end of the period (72.8) 13.0 (98.1) 49.0
Common equity securities and investment in MediaAlpha        
Gain (Loss) on Securities [Line Items]        
Net realized and unrealized investment gains (losses) (51.8) 10.3 (39.8) 40.3
Less: net realized and unrealized gains (losses) on investment securities sold during the period 0.8 0.0 (2.7) 6.4
Net unrealized investment gains (losses) recognized during the period on investment securities held at the end of the period (52.6) 10.3 (37.1) 33.9
Total Investments        
Gain (Loss) on Securities [Line Items]        
Gain (loss) on investments, exchange rate effect $ (1.9) $ (2.4) $ (7.2) $ 34.9