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Condensed Consolidated Statements of Income - USD ($)
$ in Millions
3 Months Ended 6 Months Ended
Jun. 30, 2017
Jun. 30, 2016
Jun. 30, 2017
Jun. 30, 2016
Premiums and other revenue:        
Earned premiums $ 399.1 $ 344.9 $ 778.5 $ 689.8
Net investment income 43.6 35.7 74.1 56.9
Fee and other income 3.8 5.8 7.4 12.6
Net realized investment and other gains (losses) 4.5 (2.1) 19.1 (4.9)
Total revenue 451.0 384.3 879.1 754.4
Expenses:        
Losses and loss adjustment expenses 230.6 196.6 453.1 388.2
Underwriting, acquisition and insurance expenses 154.7 133.0 308.3 265.6
Interest expense 7.0 4.9 12.9 9.7
Fee and other expense 3.3 5.7 7.4 12.2
Foreign currency exchange losses 4.6 4.5 3.9 6.0
Total expenses 400.2 344.7 785.6 681.7
Income before income taxes 50.8 39.6 93.5 72.7
Provision for income taxes 4.8 8.7 10.8 14.1
Net income $ 46.0 $ 30.9 $ 82.7 $ 58.6
Net income per common share:        
Basic $ 1.52 $ 1.03 $ 2.75 $ 1.93
Diluted 1.48 1.00 2.67 1.89
Dividend declared per common share $ 0.27 $ 0.22 $ 0.54 $ 0.42
Weighted average common shares:        
Basic 30,201,457 30,187,592 30,124,696 30,333,417
Diluted 31,048,081 30,810,156 30,995,172 30,971,189
Net realized investment and other gains before other-than-temporary impairment losses $ 5.6 $ 2.8 $ 20.6 $ 1.7
Other-than-temporary impairment losses recognized in earnings:        
Other-than-temporary impairment losses on fixed maturities 0.0 (0.5) 0.0 (1.1)
Other-than-temporary impairment losses on equity securities (1.1) (4.4) (1.5) (5.5)
Impairment losses recognized in earnings (1.1) (4.9) (1.5) (6.6)
Net realized investment and other gains (losses) $ 4.5 $ (2.1) $ 19.1 $ (4.9)