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Segment Information
 9 Months Ended
Sep. 30, 2020
Segment Reporting [Abstract]  
Segment Information Segment Information
We are primarily engaged in underwriting property and casualty insurance and reinsurance. We have two ongoing reporting segments: U.S. Operations and International Operations. Additionally, we have a Run-off Lines segment for certain products that we no longer underwrite.
We consider many factors, including the nature of each segment’s insurance and reinsurance products, production sources, distribution strategies and the regulatory environment, in determining how to aggregate reporting segments. Transactions between segments are reported in the segment that initiated the transaction.
In evaluating the operating performance of our segments, we focus on core underwriting and investing results before the consideration of realized gains or losses from investments. Realized investment gains are reported as a component of the Corporate and Other segment, as decisions regarding the acquisition and disposal of securities reside with the corporate investment function and are not under the control of the individual business segments. Identifiable assets by segment are those assets used in the operation of each segment.
Revenue and (loss) income 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)2020201920202019
Revenue:
Earned premiums
U.S. Operations$298.7 $290.8 $902.8 $848.6 
International Operations146.7 160.7 410.8 455.0 
Run-off Lines0.1 — 0.3 0.1 
Total earned premiums445.5 451.5 1,313.9 1,303.7 
Net investment income
U.S. Operations30.1 27.4 56.1 80.1 
International Operations9.9 10.7 19.0 31.3 
Run-off Lines1.5 1.7 2.8 4.4 
Corporate and Other0.5 0.4 1.1 1.1 
Total net investment income42.0 40.2 79.0 116.9 
Fee and other income1.7 1.9 5.8 6.3 
Net realized investment (losses) gains (5.7)(6.2)(21.7)58.3 
Total revenue$483.5 $487.4 $1,377.0 $1,485.2 

For the Three Months Ended
September 30,		For the Nine Months Ended
September 30,
(in millions)2020201920202019
Income (loss) before income taxes
U.S. Operations$20.1 $42.2 $88.2 $138.3 
International Operations(14.7)(52.9)(54.5)(57.7)
Run-off Lines(10.2)0.7 (11.0)0.2 
Total segment (loss) income before taxes (4.8)(10.0)22.7 80.8 
Corporate and Other(6.9)(7.9)(25.1)(30.1)
Net realized investment and other (losses) gains (5.7)(6.2)(21.7)58.3 
Foreign currency exchange (losses) gains(11.6)1.6 (15.0)6.2 
Other corporate expenses (0.4)(3.7)(6.2)(11.7)
Total (loss) income before income taxes$(29.4)$(26.2)$(45.3)$103.5 
The table below presents earned premiums by geographic location for the three and nine months ended September 30, 2020 and 2019. 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)2020201920202019
United States$299.1 $289.6 $900.2 $845.4 
United Kingdom90.6 101.9 252.8 295.6 
Bermuda27.3 24.3 73.8 60.1 
Malta13.0 21.3 43.3 62.3 
All other jurisdictions15.5 14.4 43.8 40.3 
Total earned premiums$445.5 $451.5 $1,313.9 $1,303.7 
The following table represents identifiable assets:
(in millions)September 30, 2020December 31, 2019
U.S. Operations$6,065.9 $5,009.0 
International Operations4,140.8 5,002.4 
Run-off Lines334.9 356.9 
Corporate and Other192.7 146.2 
Total$10,734.3 $10,514.5 
Included in total assets at September 30, 2020 and December 31, 2019 are $800.6 million and $916.3 million, respectively, in assets associated with trade capital providers.