Statutory Accounting Principles (Tables)

12 Months Ended

Dec. 31, 2023

Statutory Accounting Principles [Abstract]

Statutory Capital and Surplus for Principal Operating Subsidiaries

The statutory capital and surplus for our principal operating subsidiaries was as follows: 

Statutory capital and surplus (1)	December 31,
(in millions)	2023		2022
Bermuda	$	1,150.6	$	1,024.9
United Kingdom (2)	—		370.0
United States	1,410.4		1,111.1

(1) Such amounts include ownership interests in affiliate insurance and reinsurance subsidiaries.

(2) Sold on February 2, 2023. See Note 2, “Recent Acquisitions, Disposals & Other Transactions” for additional information related to this transaction.

Statutory Net Income (Loss) for Principal Operating Subsidiaries

The statutory net income (loss) for our principal operating subsidiaries was as follows:

Statutory net income (loss) (1)	For the Years Ended December 31,
(in millions)	2023		2022		2021
Bermuda	$	0.8	$	(29.1)	$	14.2
United Kingdom	—		21.4		8.6
United States	39.5		(117.8)		103.5

(1) Such amounts include ownership interests in affiliate insurance and reinsurance subsidiaries.