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Income Taxes (Tables)
 9 Months Ended
Sep. 30, 2018
Income Tax Disclosure [Abstract]  
Schedule of Pre-Tax Income (Loss) and Effective Income Tax Rates
Our expected income tax provision computed on pre-tax income (loss) at the weighted average tax rate has been calculated as the sum of the pre-tax income (loss) in each jurisdiction multiplied by that jurisdiction’s applicable statutory tax rate. For the three and nine months ended September 30, 2018 and 2017, pre-tax income (loss) attributable to our operations and the operations’ effective tax rates were as follows:
 
 
 
For the Three Months Ended September 30,
(in millions)
 
2018
 
2017
 
 
Pre-Tax
Income (Loss)
 
Effective
Tax
Rate
 
Pre-Tax
Income (Loss)
 
Effective
Tax
Rate
Bermuda
 
$
6.4

 
—
 %
 
$
(43.0
)
 
—
%
United States
 
34.8

 
13.4
 %
 
(1.3
)
 
52.9
%
United Kingdom
 
3.5

 
(5.0
)%
 
(24.6
)
 
16.4
%
Belgium
 
—

(1) 
30.8
 %
 
0.1

 
36.1
%
Brazil
 
0.4

 
—
 %
 
—

(1) 
—
%
United Arab Emirates
 
0.2

 
—
 %
 
3.5

 
—
%
Ireland
 
(0.1
)
 
—
 %
 
(0.1
)
 
—
%
Italy
 
(1.8
)
 
—
 %
 
—

(1) 
—
%
Malta
 
1.8

 
—
 %
 
0.6

 
—
%
Luxembourg
 
—

(1) 
—
 %
 
(1.3
)
 
—
%
Switzerland
 
0.1

 
21.2
 %
 
0.2

 
18.1
%
Pre-tax income
 
$
45.3

 
10.2
 %
 
$
(65.9
)
 
7.0
%

 
 
For the Nine Months Ended September 30,
(in millions)
 
2018
 
2017
 
 
Pre-Tax
Income (Loss)
 
Effective
Tax
Rate
 
Pre-Tax
Income (Loss)
 
Effective
Tax
Rate
Bermuda
 
$
(1.8
)
 
—
%
 
$
8.7

 
—
%
United States
 
114.2

 
15.6
%
 
57.4

 
24.1
%
United Kingdom
 
16.3

 
12.3
%
 
(36.6
)
 
21.6
%
Belgium
 
—

(1) 
33.3
%
 
0.2

 
36.2
%
Brazil
 
(1.0
)
 
—
%
 
(0.2
)
 
—
%
United Arab Emirates
 
0.5

 
—
%
 
—

(1) 
—
%
Ireland
 
(0.2
)
 
—
%
 
(0.1
)
 
—
%
Italy
 
(2.9
)
 
—
%
 
—

(1) 
—
%
Malta
 
2.2

 
—
%
 
1.7

 
—
%
Luxembourg
 
—

(1) 
—
%
 
(3.7
)
 
—
%
Switzerland
 
0.1

 
21.2
%
 
0.2

 
21.1
%
Pre-tax income
 
$
127.4

 
15.8
%
 
$
27.6

 
22.3
%
(1) 
Pre-tax income for the respective year was less than $0.1 million.
Reconciliation of Difference Between Provision for Income Taxes and Expected Tax Provision at Weighted Average Tax Rate
A reconciliation of the difference between the provision for income taxes and the expected tax provision at the weighted average tax rate is as follows:
 
 
For the Three Months Ended
September 30,
 
For the Nine Months Ended
September 30,
(in millions)
 
2018
 
2017
 
2018
 
2017
Income tax (benefit) provision at expected rate
 
$
8.4

 
$
(5.5
)
 
$
26.8

 
$
12.9

Tax effect of:
 
 
 
 
 
 
 
 
Nontaxable investment income
 
(0.4
)
 
(1.1
)
 
(1.4
)
 
(3.5
)
Foreign exchange adjustments
 
(1.0
)
 
1.4

 
(1.2
)
 
1.1

Withholding taxes
 
0.2

 
—

 
0.5

 
0.3

Prior period adjustments
 
(2.2
)
 
(1.2
)
 
(2.1
)
 
(1.9
)
Change in valuation allowance
 
(0.2
)
 
0.8

 
(3.6
)
 
(0.3
)
Other
 
(0.1
)
 
1.0

 
1.2

 
(2.4
)
Income tax provision
 
$
4.7

 
$
(4.6
)
 
$
20.2

 
$
6.2