XML 49 R36.htm IDEA: XBRL DOCUMENT v3.10.0.1
Segment Information (Tables)
9 Months Ended
Sep. 30, 2018
Segment Reporting [Abstract]  
Revenue and Income (Loss) Before Income Taxes for Each Segment
Revenue and income (loss) before income taxes for each segment were as follows:
 
 
For the Three Months Ended
September 30,
 
For the Nine Months Ended
September 30,
(in millions)
 
2018
 
2017
 
2018
 
2017
Revenue:
 
 
 
 
 
 
 
 
Earned premiums
 
 
 
 
 
 
 
 
U.S. Operations
 
$
278.3

 
$
242.6

 
$
807.6

 
$
692.9

International Operations
 
168.5

 
146.8

 
471.4

 
474.9

Run-off Lines
 
0.1

 
(0.1
)
 
0.3

 

Total earned premiums
 
446.9

 
389.3

 
1,279.3

 
1,167.8

Net investment income
 
 
 
 
 
 
 
 
U.S. Operations
 
21.4

 
18.8

 
64.7

 
66.0

International Operations
 
8.4

 
7.7

 
25.6

 
24.4

Run-off Lines
 
2.1

 
2.0

 
6.3

 
7.0

Corporate and Other
 
2.6

 
2.4

 
7.1

 
7.6

Total net investment income
 
34.5

 
30.9

 
103.7

 
105.0

Fee and other income
 
3.3

 
13.0

 
7.2

 
20.4

Net realized investment and other gains
 
14.2

 
6.0

 
9.0

 
25.1

Total revenue
 
$
498.9

 
$
439.2

 
$
1,399.2

 
$
1,318.3

 
 
 
For the Three Months Ended
September 30,
 
For the Nine Months Ended
September 30,
(in millions)
 
2018
 
2017
 
2018
 
2017
Income (loss) before income taxes
 
 
 
 
 
 
 
 
U.S. Operations
 
$
50.3

 
$
28.7

 
$
126.8

 
$
118.9

International Operations
 
(1.2
)
 
(77.5
)
 
34.9

 
(60.1
)
Run-off Lines
 
(7.6
)
 
(12.7
)
 
(8.6
)
 
(16.4
)
Total segment income before taxes
 
41.5

 
(61.5
)
 
153.1

 
42.4

Corporate and Other
 
(10.4
)
 
(10.4
)
 
(34.7
)
 
(39.9
)
Net realized investment and other gains
 
14.2

 
6.0

 
9.0

 
25.1

Total income (loss) before income taxes
 
$
45.3

 
$
(65.9
)
 
$
127.4

 
$
27.6

Schedule of Earned Premiums by Geographic Location
The table below presents earned premiums by geographic location for the three and nine months ended September 30, 2018 and 2017. For this disclosure, we determine geographic location by the country of domicile of our subsidiaries that underwrite the business and not by the location of insureds or reinsureds from whom the business was generated.
 
 
For the Three Months Ended
September 30,
 
For the Nine Months Ended
September 30,
(in millions)
 
2018
 
2017
 
2018
 
2017
United States
 
$
276.5

 
$
242.5

 
$
803.7

 
$
692.8

United Kingdom
 
117.2

 
109.1

 
333.3

 
361.2

Bermuda
 
23.3

 
23.3

 
64.7

 
72.0

Malta
 
18.2

 
2.7

 
39.6

 
5.0

All other jurisdictions
 
11.7

 
11.7

 
38.0

 
36.8

Total earned premiums
 
$
446.9

 
$
389.3

 
$
1,279.3

 
$
1,167.8

Identifiable Assets
The following table represents identifiable assets:
(in millions)
 
September 30, 2018
 
December 31, 2017
U.S. Operations
 
$
4,616.3

 
$
4,298.4

International Operations
 
3,770.6

 
3,553.8

Run-off Lines
 
466.8

 
449.6

Corporate and Other
 
426.0

 
462.2

Total
 
$
9,279.7

 
$
8,764.0