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Consolidated Statements of Income (Loss) - USD ($)
$ in Millions
12 Months Ended
Dec. 31, 2021
Dec. 31, 2020
Dec. 31, 2019
Premiums and other revenue:      
Earned premiums $ 1,910.1 $ 1,780.5 $ 1,729.7
Net investment income 187.6 112.7 151.1
Net realized investment gains (losses):      
Net realized investment gains (losses) 72.4 26.0 120.9
Change in fair value recognized (40.4) 10.3 (40.8)
Credit losses on fixed maturities 0.6 (39.9) 0.0
Net realized investment gains (losses) 32.6 (3.6) 80.1
Total revenue 2,130.3 1,889.6 1,960.9
Expenses:      
Losses and loss adjustment expenses 1,314.6 1,208.8 1,220.7
Underwriting, acquisition and insurance expenses 702.3 667.7 666.0
Non-operating expenses 43.7 21.1 37.6
Interest expense 21.6 26.9 34.1
Fee and other (income) expense, net (2.0) (3.9) (3.3)
Foreign currency exchange (gains) losses 1.6 15.4 (9.8)
Impairment of goodwill and intangibles 43.2 0.0 15.6
Total expenses 2,125.0 1,936.0 1,960.9
Income (loss) before income taxes 5.3 (46.4) 0.0
Income tax provision (benefit) (1.4) 7.7 14.1
Net income (loss) 6.7 (54.1) (14.1)
Dividends on preferred shares 10.5 4.6 0.0
Net income (loss) attributable to common shareholders, diluted (3.8) (58.7) (14.1)
Net income (loss) attributable to common shareholders, basic $ (3.8) $ (58.7) $ (14.1)
Net loss attributable to common shareholders per common share:      
Basic (in dollars per share) $ (0.11) $ (1.70) $ (0.41)
Diluted (in dollars per share) (0.11) (1.70) (0.41)
Dividend declared per common share (in dollars per share) $ 1.24 $ 1.24 $ 1.24
Weighted average common shares:      
Basic (in shares) 34,816,160 34,614,813 34,205,954
Diluted (in shares) 34,816,160 34,614,813 34,205,954
Other-than-temporary impairment losses recognized in earnings:      
Net realized investment gains (losses) before other-than-temporary impairment losses $ 32.6 $ (3.6) $ 100.4
Other-than-temporary impairment losses on fixed maturities 0.0 0.0 (20.3)
Investment impairment losses recognized in earnings $ 0.0 $ 0.0 $ (20.3)