Schedule VI Supplemental Information for Property-Casualty Insurance Companies

12 Months Ended

Dec. 31, 2020

SEC Schedule, 12-18, Supplemental Information, Property-Casualty Insurance Underwriters [Abstract]

Schedule VI Supplemental Information for Property-Casualty Insurance Companies

SCHEDULE VI

SUPPLEMENTAL INFORMATION FOR PROPERTY-CASUALTY INSURANCE COMPANIES

(in millions)

	For the Years Ended December 31,
	2020		2019		2018
Deferred acquisition costs	$	163.6	$	160.2	$	167.3
Reserves for losses and loss adjustment expenses	$	5,406.0	$	5,157.6	$	4,654.6
Unamortized discount in reserves for losses	$	17.8	$	17.9	$	16.9
Unearned premiums	$	1,464.8	$	1,410.9	$	1,300.9
Premiums earned	$	1,780.5	$	1,729.7	$	1,731.5
Net investment income	$	112.7	$	151.1	$	132.3
Losses and loss adjustment expenses incurred:
Current year	$	1,201.1	$	1,082.6	$	1,058.8
Prior years	7.7		138.1		(18.0)
Losses and loss adjustment expenses incurred	$	1,208.8	$	1,220.7	$	1,040.8
(Deferral) amortization of policy acquisition costs (1)	$	(9.3)	$	12.4	$	(9.9)
Paid losses and loss adjustment expenses, net of reinsurance	$	1,119.8	$	1,030.3	$	938.9
Gross premiums written	$	3,233.3	$	3,130.2	$	2,954.2

(1) The amortization (deferral) of policy acquisition costs will not equal the change in the balance sheet. For further discussion, see Note 1, “Business and Significant Accounting Policies.”