XML 150 R132.htm IDEA: XBRL DOCUMENT v3.20.4
SCHEDULE VI SUPPLEMENTAL INFORMATION CONCERNING PROPERTY AND CASUALTY INSURANCE OPERATIONS (Details) - USD ($)
$ in Millions
12 Months Ended
Dec. 31, 2020
Dec. 31, 2019
Dec. 31, 2018
Dec. 31, 2017
Net incurred losses and LAE in respect of losses occurring in current year $ 2,877.8 $ 2,893.0 $ 2,733.5  
Net incurred losses and LAE in respect of losses occurring in prior years 32.6 28.4 8.9  
Reinsurance Recoverable On Unpaid Losses Property Casualty Liability 1,641.6 1,574.8 1,472.6 $ 1,455.0
Prepaid premiums, gross 144.2 149.3 117.6  
Consolidated Property and Casualty Insurance Entity [Member]        
Deferred acquisition costs [1] 477.5 467.4 450.8  
Reserves for unpaid claims and claim adjustment expenses [1],[2] 6,024.0 5,654.4 5,304.1  
Unearned premiums [1],[2] 2,482.7 2,416.7 2,277.8  
Earned premiums [1] 4,527.4 4,474.5 4,254.4  
Net investment income [1] 265.1 281.3 267.4  
Net incurred losses and LAE in respect of losses occurring in current year [1],[2] 2,877.8 2,893.9 2,733.5  
Net incurred losses and LAE in respect of losses occurring in prior years [1],[3] (32.6) (28.4) (8.9)  
Amortization of deferred acquisition costs [1],[2] 951.0 926.7 891.8  
Paid claims and claim adjustment expenses [1] 2,542.4 2,616.5 2,496.6  
Premiums written [1] $ 4,598.5 $ 4,581.7 $ 4,384.8  
[1] Information for all periods excludes results and balances related to the discontinued Chaucer business. See Note 2 – “Discontinued Operations” in the Notes to Consolidated Financial Statements for further information on that business.
[2] Reserves for unpaid claims and claim adjustment expenses are shown gross of $1,641.6 million, $1,574.8 million and $1,472.6 million of reinsurance recoverable on unpaid losses in 2020, 2019 and 2018, respectively. Unearned premiums are shown gross of prepaid premiums of $144.2 million, $149.3 million and $117.6 million in 2020, 2019 and 2018, respectively. Reserves for unpaid claims and claims adjustment expense also include policyholder dividends.
[3] The Company does not use discounting techniques.