XML 63 R36.htm IDEA: XBRL DOCUMENT v3.22.1
Segment Information (Tables)
3 Months Ended
Mar. 31, 2022
Segment Reporting [Abstract]  
Revenue and Income (Loss) Before Income Taxes for Each Segment
Revenue and income (loss) before income taxes for each segment were as follows:
 For the Three Months Ended
March 31,
(in millions)20222021
Revenue:
Earned premiums
U.S. Operations$336.4 $314.4 
International Operations144.2 151.5 
Run-off Lines— 0.2 
Total earned premiums480.6 466.1 
Net investment income
U.S. Operations25.6 28.8 
International Operations11.4 12.0 
Run-off Lines0.7 0.8 
Corporate and Other— 2.8 
Total net investment income37.7 44.4 
Net realized investment and other gains (losses)(34.5)13.1 
Total revenue$483.8 $523.6 

For the Three Months Ended
March 31,
(in millions)20222021
Income (loss) before income taxes
U.S. Operations$43.9 $36.6 
International Operations22.7 (11.8)
Run-off Lines(1.0)0.6 
Total segment income (loss) before income taxes65.6 25.4 
Corporate and Other(16.2)(6.0)
Net realized investment and other gains (losses) (34.5)13.1 
Foreign currency exchange losses(2.9)(1.3)
Total income (loss) before income taxes$12.0 $31.2 
Schedule of Earned Premiums by Geographic Location
The table below presents earned premiums by geographic location for the three months ended March 31, 2022 and 2021. 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
March 31,
(in millions)20222021
United States$336.4 $312.8 
United Kingdom127.1 99.0 
Bermuda6.4 25.1 
Malta2.3 14.0 
All other jurisdictions8.4 15.2 
Total earned premiums$480.6 $466.1 
Identifiable Assets The following table represents identifiable assets:
(in millions)March 31, 2022December 31, 2021
U.S. Operations$5,716.2 $5,800.1 
International Operations3,780.9 3,932.3 
Run-off Lines305.3 314.7 
Corporate and Other178.6 270.7 
Total$9,981.0 $10,317.8