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Condensed Consolidated Statements of Income (Loss) - USD ($)
$ in Millions
3 Months Ended 9 Months Ended
Sep. 30, 2018
Sep. 30, 2017
Sep. 30, 2018
Sep. 30, 2017
Premiums and other revenue:        
Earned premiums $ 446.9 $ 389.3 $ 1,279.3 $ 1,167.8
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 gains (losses):        
Net realized investment gains 9.7 6.0 31.1 25.1
Change in fair value of equity securities 4.5 0.0 (22.1) 0.0
Net realized investment gains 14.2 6.0 9.0 25.1
Total revenue 498.9 439.2 1,399.2 1,318.3
Expenses:        
Losses and loss adjustment expenses 277.5 326.4 760.2 779.5
Underwriting, acquisition and insurance expenses 168.0 166.1 485.0 474.4
Interest expense 7.9 7.5 23.4 20.4
Fee and other expense 1.9 5.0 5.5 12.4
Foreign currency exchange (gains) losses (1.7) 0.1 (2.3) 4.0
Total expenses 453.6 505.1 1,271.8 1,290.7
Income (loss) before income taxes 45.3 (65.9) 127.4 27.6
Income tax provision (benefit) 4.7 (4.6) 20.2 6.2
Net income (loss) $ 40.6 $ (61.3) $ 107.2 $ 21.4
Net income (loss) per common share:        
Basic (in dollars per share) $ 1.20 $ (1.78) $ 3.16 $ 0.62
Diluted (in dollars per share) 1.17 (1.78) 3.09 0.60
Dividend declared per common share (in dollars per share) $ 0.27 $ 0.23 $ 0.81 $ 0.70
Weighted average common shares:        
Basic (in shares) 33,956,695 34,475,452 33,921,632 34,586,931
Diluted (in shares) 34,656,328 34,475,452 34,688,843 35,527,173
Net realized investment gains before other-than-temporary impairment losses $ 14.2 $ 6.2 $ 10.9 $ 26.8
Other-than-temporary impairment losses recognized in earnings:        
Other-than-temporary impairment losses on fixed maturities 0.0 (0.1) (1.9) (0.1)
Other-than-temporary impairment losses on equity securities 0.0 (0.1) 0.0 (1.6)
Impairment losses recognized in earnings 0.0 (0.2) (1.9) (1.7)
Net realized investment gains $ 14.2 $ 6.0 $ 9.0 $ 25.1