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Condensed Consolidated Balance Sheets - USD ($)
$ in Millions
Jun. 30, 2019
Dec. 31, 2018
Investments:    
Fixed maturities available-for-sale, at fair value (cost: 2019 - $3,499.5; 2018 - $3,529.1) $ 3,533.2 $ 3,460.4 [1]
Equity securities, at fair value (cost: 2019 - $310.4; 2018 - $310.6) 421.0 354.5 [1]
Other investments (cost: 2019 - $495.5; 2018 - $482.0) 509.4 489.8 [1]
Short-term investments, at fair value (cost: 2019 - $414.0; 2018 - $482.3) 414.0 482.3 [1]
Total investments 4,877.6 4,787.0 [1]
Cash 182.3 139.2 [1]
Accrued investment income 26.7 27.2 [1]
Premiums receivable 728.0 649.9 [1]
Reinsurance recoverables 2,769.5 2,688.3 [1]
Goodwill 177.0 177.0 [1]
Intangible assets, net of accumulated amortization 92.6 93.5 [1]
Current income taxes receivable, net 3.8 8.2 [1]
Deferred acquisition costs, net 163.9 167.3 [1]
Ceded unearned premiums 593.9 457.7 [1]
Operating lease right-of-use assets 112.6  
Other assets 438.8 362.9 [1]
Total assets 10,166.7 9,558.2 [1]
Liabilities and Shareholders' Equity    
Reserves for losses and loss adjustment expenses 4,735.7 4,654.6 [1]
Unearned premiums 1,404.0 1,300.9 [1]
Accrued underwriting expenses and other liabilities 279.4 261.9 [1]
Ceded reinsurance payable, net 1,052.8 970.5 [1]
Funds held 35.2 37.2 [1]
Senior unsecured fixed rate notes 139.9 139.8 [1]
Other indebtedness 182.3 183.4 [1]
Junior subordinated debentures 257.2 257.0 [1]
Deferred tax liabilities, net 25.4 6.2 [1]
Operating lease liabilities 125.8 0.0 [1]
Total liabilities 8,237.7 7,811.5 [1]
Commitments and contingencies (Note 14)
Shareholders' equity:    
Common shares - $1.00 par, 500,000,000 shares authorized; 45,594,095 and 45,276,999 shares issued at June 30, 2019 and December 31, 2018, respectively 45.6 45.3 [1]
Additional paid-in capital 1,369.7 1,372.0 [1]
Treasury shares (11,315,889 shares at June 30, 2019 and December 31, 2018, respectively) (455.1) (455.1) [1]
Retained earnings 959.9 862.6 [1]
Accumulated other comprehensive income (loss), net of taxes 8.9 (78.1) [1]
Total shareholders' equity 1,929.0 1,746.7 [1]
Total liabilities and shareholders' equity $ 10,166.7 $ 9,558.2 [1]
[1] Derived from audited consolidated financial statements.