Unpaid Loss and Loss Adjustment Expense (Tables)

9 Months Ended

Sep. 30, 2020

Activity in the liability for unpaid loss and LAE

The following table presents the activity in the liability for unpaid loss and loss adjustment expense ("LAE") for the nine months ended September 30, 2020 and 2019 ($ in millions):


	Nine Months Ended September 30,
	2020		2019
Unpaid loss and LAE at beginning of period	$	28.2	$	13.1
Less: Reinsurance recoverable at beginning of period (1).	18.5		11.3
Net unpaid loss and LAE at beginning of period	9.7		1.8
Add: Incurred loss and LAE, net of reinsurance, related to:
Current year	44.1		32.2
Prior years	1.3		(1.8)
Total incurred	45.4		30.4
Deduct: Paid loss and LAE, net of reinsurance, related to:
Current year	36.4		36.0
Prior years	11.0		(12.0)
Total paid	47.4		24.0
Unpaid loss and LAE, net of reinsurance recoverable, at end of period	7.7		8.2
Reinsurance recoverable at end of period (1)	32.0		16.4
Unpaid loss and LAE, gross of reinsurance recoverable, at end of period	$	39.7	$	24.6

(1) Reinsurance recoverable in this table includes only ceded unpaid loss and LAE