Fiduciary Assets and Liabilities |
6 Months Ended |
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Jun. 30, 2022 | |
Fiduciary Assets And Liabilities [Abstract] | |
Fiduciary Assets and Liabilities |
7.
Fiduciary Assets and Liabilities
The Company recognizes (i) fiduciary amounts payable to others as Fiduciary liabilities, and (ii) fiduciary amounts collectible and held on behalf of others, including insurance policyholders, clients, other insurance intermediaries, and insurance carriers, as Fiduciary cash and receivables in the Consolidated Balance Sheets. Cash and cash equivalents held in excess of the amount required to meet the Company’s fiduciary obligations are recognized as Cash and cash equivalents in the Consolidated Balance Sheets. The Company had Fiduciary cash and receivables and Fiduciary liabilities of $2,817.8 million and $2,390.2 million as of June 30, 2022 and December 31, 2021, respectively. |
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- Definition Fiduciary assets and liabilities. No definition available.
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- Definition Fiduciary assets and liabilities. No definition available.
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