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Condensed Consolidated Balance Sheets - USD ($)
$ in Millions
Sep. 30, 2020
Dec. 31, 2019
Investments:    
Fixed maturities available-for-sale, at fair value (cost: 2020 - $3,847.0, 2019 - $3,605.0; allowance for expected credit losses: 2020 - $33.7) $ 3,914.4 $ 3,633.5 [1]
Equity securities, at fair value (cost: 2020 - $160.6; 2019 - $122.8) 150.7 124.4 [1]
Other investments (cost: 2020 - $412.1; 2019 - $482.5) 412.2 496.5 [1]
Short-term investments, at fair value (cost: 2020 - $528.5; 2019 - $844.8) 528.7 845.0 [1]
Total investments 5,006.0 5,099.4 [1]
Cash 300.4 137.8 [1]
Accrued investment income 22.2 25.7 [1]
Premiums receivable 797.0 688.2 [1]
Reinsurance recoverables 3,046.5 3,104.6 [1]
Goodwill 156.5 161.4 [1]
Intangible assets, net of accumulated amortization 90.8 91.8 [1]
Current income taxes receivable, net [1]   0.0
Deferred tax asset, net 17.0 6.1 [1]
Deferred acquisition costs, net 170.4 160.2 [1]
Ceded unearned premiums 660.9 545.0 [1]
Operating lease right-of-use assets 84.4 91.8 [1]
Other assets 358.5 387.1 [1]
Assets held for sale 12.5 15.4 [1]
Total assets 10,734.3 10,514.5 [1]
Liabilities and Shareholders' Equity    
Reserves for losses and loss adjustment expenses 5,390.0 5,157.6 [1]
Unearned premiums 1,574.2 1,410.9 [1]
Accrued underwriting expenses and other liabilities 202.8 226.0 [1]
Ceded reinsurance payable, net 1,085.0 1,203.1 [1]
Funds held 62.6 50.6 [1]
Senior unsecured fixed rate notes 140.1 140.0 [1]
Other indebtedness 59.1 181.3 [1]
Junior subordinated debentures 257.7 257.4 [1]
Current income taxes payable, net 0.0 0.8 [1]
Operating lease liabilities 98.3 105.7 [1]
Total liabilities 8,869.8 8,733.4 [1]
Commitments and contingencies (Note 14) [1]
Shareholders' equity:    
Preferred shares and additional paid-in capital - $1.00 par, 30,000,000 shares authorized; 6,000 and 0 shares issued at September 30, 2020 and December 31, 2019, respectively; liquidation preference $25,000 144.0 0.0 [1]
Common shares - $1.00 par, 500,000,000 shares authorized; 45,985,685 and 45,698,470 shares issued at September 30, 2020 and December 31, 2019, respectively 46.0 45.7 [1]
Additional paid-in capital 1,378.5 1,376.6 [1]
Treasury shares (11,315,889 shares at September 30, 2020 and December 31, 2019, respectively) (455.1) (455.1) [1]
Retained earnings 714.2 811.1 [1]
Accumulated other comprehensive income, net of taxes 36.9 2.8 [1]
Total shareholders' equity 1,864.5 1,781.1 [1]
Total liabilities and shareholders' equity $ 10,734.3 $ 10,514.5 [1]
[1] Derived from audited consolidated financial statements.