XML 93 R80.htm IDEA: XBRL DOCUMENT v3.10.0.1
Senior Unsecured Fixed Rate Notes - Condensed Consolidating Statement of Income (Detail) - 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 before income taxes 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 (loss) income before equity in earnings of subsidiaries 40.6 (61.3) 107.2 21.4
Equity in undistributed earnings of subsidiaries 0.0 0.0 0.0 0.0
Net income (loss) 40.6 (61.3) 107.2 21.4
Consolidating Adjustments [Member]        
Premiums and other revenue:        
Earned premiums 0.0 0.0 0.0 0.0
Net investment income 0.0 0.0 0.0 0.0
Fee and other income 0.0 0.0 0.0 0.0
Net realized investment gains before income taxes 0.0 0.0 0.0 0.0
Total revenue 0.0 0.0 0.0 0.0
Expenses:        
Losses and loss adjustment expenses 0.0 0.0 0.0 0.0
Underwriting, acquisition and insurance expenses 0.0 0.0 0.0 0.0
Interest expense 0.0 0.0 0.0 0.0
Fee and other expense 0.0 0.0 0.0 0.0
Foreign currency exchange (gains) losses 0.0 0.0 0.0 0.0
Total expenses 0.0 0.0 0.0 0.0
Income (loss) before income taxes 0.0 0.0 0.0 0.0
Income tax provision (benefit) 0.0 0.0 0.0 0.0
Net (loss) income before equity in earnings of subsidiaries 0.0 0.0 0.0 0.0
Equity in undistributed earnings of subsidiaries (46.4) 53.0 (125.4) (44.9)
Net income (loss) (46.4) 53.0 (125.4) (44.9)
Other Subsidiaries and Eliminations [Member]        
Premiums and other revenue:        
Earned premiums 224.0 244.0 632.5 756.1
Net investment income 14.0 15.5 43.5 43.5
Fee and other income 1.1 0.7 3.5 2.4
Net realized investment gains before income taxes (1.7) (0.6) (6.1) (1.0)
Total revenue 237.4 259.6 673.4 801.0
Expenses:        
Losses and loss adjustment expenses 140.6 227.3 413.5 531.8
Underwriting, acquisition and insurance expenses 79.7 86.5 223.3 265.9
Interest expense 1.7 1.7 5.5 4.7
Fee and other expense 0.7 0.9 1.8 1.7
Foreign currency exchange (gains) losses (1.7) 0.2 (2.5) 4.1
Total expenses 221.0 316.6 641.6 808.2
Income (loss) before income taxes 16.4 (57.0) 31.8 (7.2)
Income tax provision (benefit) 0.0 (4.0) 2.3 (7.7)
Net (loss) income before equity in earnings of subsidiaries 16.4 (53.0) 29.5 0.5
Equity in undistributed earnings of subsidiaries 0.0 0.0 0.0 0.0
Net income (loss) 16.4 (53.0) 29.5 0.5
Argo Group [Member]        
Premiums and other revenue:        
Earned premiums 0.0 0.0 0.0 0.0
Net investment income (0.6) (1.1) (2.0) (3.2)
Fee and other income 0.0 0.0 0.0 0.0
Net realized investment gains before income taxes (0.3) 0.0 (0.2) 0.5
Total revenue (0.9) (1.1) (2.2) (2.7)
Expenses:        
Losses and loss adjustment expenses 0.0 0.0 0.0 0.0
Underwriting, acquisition and insurance expenses 3.3 5.6 11.5 17.8
Interest expense 1.6 1.6 4.5 3.0
Fee and other expense 0.0 0.0 0.0 0.0
Foreign currency exchange (gains) losses 0.0 0.0 0.0 0.0
Total expenses 4.9 7.2 16.0 20.8
Income (loss) before income taxes (5.8) (8.3) (18.2) (23.5)
Income tax provision (benefit) 0.0 0.0 0.0 0.0
Net (loss) income before equity in earnings of subsidiaries (5.8) (8.3) (18.2) (23.5)
Equity in undistributed earnings of subsidiaries 46.4 (53.0) 125.4 44.9
Net income (loss) 40.6 (61.3) 107.2 21.4
Argo Group US, Inc. and Subsidiaries (Subsidiary Issuer) [Member]        
Premiums and other revenue:        
Earned premiums 222.9 145.3 646.8 411.7
Net investment income 21.1 16.5 62.2 64.7
Fee and other income 2.2 12.3 3.7 18.0
Net realized investment gains before income taxes 16.2 6.6 15.3 25.6
Total revenue 262.4 180.7 728.0 520.0
Expenses:        
Losses and loss adjustment expenses 136.9 99.1 346.7 247.7
Underwriting, acquisition and insurance expenses 85.0 74.0 250.2 190.7
Interest expense 4.6 4.2 13.4 12.7
Fee and other expense 1.2 4.1 3.7 10.7
Foreign currency exchange (gains) losses 0.0 (0.1) 0.2 (0.1)
Total expenses 227.7 181.3 614.2 461.7
Income (loss) before income taxes 34.7 (0.6) 113.8 58.3
Income tax provision (benefit) 4.7 (0.6) 17.9 13.9
Net (loss) income before equity in earnings of subsidiaries 30.0 0.0 95.9 44.4
Equity in undistributed earnings of subsidiaries 0.0 0.0 0.0 0.0
Net income (loss) $ 30.0 $ 0.0 $ 95.9 $ 44.4