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Schedule III - Supplementary Insurance Information
 12 Months Ended
Dec. 31, 2021
SEC Schedule, 12-16, Insurance Companies, Supplementary Insurance Information [Abstract]  
Schedule III - Supplementary Insurance Information
202120202019
Net premiums earned
Specialty P&C$695,008 $477,365 $499,058 
Workers' Compensation Insurance164,600 171,772 189,240 
Segregated Portfolio Cell Reinsurance63,688 66,352 78,563 
Lloyd's Syndicates48,372 77,226 80,671 
Consolidated$971,668 $792,715 $847,532 
Net investment income (1)
Segregated Portfolio Cell Reinsurance$814 $1,084 $1,578 
Lloyd's Syndicates1,961 4,128 4,551 
Corporate67,747 66,786 87,140 
Consolidated$70,522 $71,998 $93,269 
Losses and loss adjustment expenses incurred related to current year, net of reinsurance
Specialty P&C$608,106 $497,554 $526,744 
Workers' Compensation Insurance121,804 118,523 129,450 
Segregated Portfolio Cell Reinsurance42,721 46,200 62,546 
Lloyd's Syndicates25,101 49,569 46,958 
Consolidated$797,732 $711,846 $765,698 
Losses and loss adjustment expenses incurred related to prior year, net of reinsurance
Specialty P&C$(32,942)$(27,480)$5,741 
Workers' Compensation Insurance(7,100)(6,971)(7,801)
Segregated Portfolio Cell Reinsurance(10,152)(16,595)(10,134)
Lloyd's Syndicates4,711 647 411 
Consolidated$(45,483)$(50,399)$(11,783)
Paid losses and loss adjustment expenses, net of reinsurance
Specialty P&C (2)
$538,885 $379,656 $382,845 
Workers' Compensation Insurance121,302 118,496 117,848 
Segregated Portfolio Cell Reinsurance37,127 46,267 37,034 
Lloyd's Syndicates47,931 40,897 36,593 
Inter-segment eliminations— (143)(196)
Consolidated$745,245 $585,173 $574,124 
Amortization of DPAC
Specialty P&C$61,662 $53,562 $56,605 
Workers' Compensation Insurance15,100 15,895 17,144 
Segregated Portfolio Cell Reinsurance18,730 19,636 21,717 
Lloyd's Syndicate14,973 21,597 21,392 
Inter-segment eliminations140 (125)(1,528)
Consolidated$110,605 $110,565 $115,330 
Continued on the following page.
202120202019
Continued from previous page
Other underwriting, policy acquisition and operating expenses
Specialty P&C$66,047 $56,037 $63,705 
Workers' Compensation Insurance37,318 40,554 40,376 
Segregated Portfolio Cell Reinsurance2,905 1,073 1,484 
Lloyd's Syndicates2,984 8,539 13,319 
Corporate26,641 23,429 19,146 
Non-segmented items(3)
24,977 — — 
Inter-segment eliminations(3,231)(2,316)(911)
Consolidated$157,641 $127,316 $137,119 
Net premiums written
Specialty P&C$626,147 $451,019 $495,750 
Workers' Compensation Insurance161,865 164,871 182,233 
Segregated Portfolio Cell Reinsurance63,042 64,159 77,639 
Lloyd's Syndicates31,667 67,652 87,103 
Consolidated$882,721 $747,701 $842,725 
Deferred policy acquisition costs (1)
$58,940 $47,196 $55,567 
Reserve for losses and loss adjustment expenses (1)
$3,579,940 $2,417,179 $2,346,526 
Unearned premiums (1)
$433,961 $361,547 $413,086 
(1) Assets are not allocated to segments because investments, other than the investments that are solely allocated to the Segregated Portfolio Cell Reinsurance and Lloyd's Syndicates segments, and other assets are not managed at the segment level. See Note 18 of the Notes to Consolidated Financial Statements for additional information.
(2) Paid losses for the year ended December 31, 2021 included paid losses of $158.3 million related to reserves acquired from NORCAL since May 5, 2021. See Note 10 of the Notes to Consolidated Financial Statements for additional information.
(3) Represents pre-tax transaction-related costs associated with the acquisition of NORCAL that are not included in a segment as we do not consider these costs in assessing the financial performance of any of our operating or reportable segments. See Note 18 of the Notes to Consolidated Financial Statements for a reconciliation of our segment results to our consolidated results.