Fiduciary Assets and Liabilities |
9 Months Ended |
|---|---|
Sep. 30, 2021 | |
| Fiduciary Assets And Liabilities [Abstract] | |
| Fiduciary Assets and Liabilities |
7.
Fiduciary Assets and Liabilities
The Company recognizes fiduciary amounts due to others as Fiduciary liabilities and fiduciary amounts collectible and held on behalf of others, including insurance policyholders, clients, other insurance intermediaries, and insurance carriers, as Fiduciary assets in the Company’s 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 held or was owed fiduciary funds for premiums and claims of $1,916.6 million and $1,978.2 million at September 30, 2021 and December 31, 2020, 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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