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Condensed Consolidated Statements of Income (Loss) - USD ($)
$ in Millions
3 Months Ended
Mar. 31, 2022
Mar. 31, 2021
Premiums and other revenue:    
Earned premiums $ 480.6 $ 466.1
Net investment income 37.7 44.4
Net realized investment and other gains (losses):    
Net realized investment and other losses (40.2) (1.3)
Change in fair value recognized 6.7 15.5
Change in allowance for credit losses on fixed maturity securities (1.0) (1.1)
Total net realized investment and other gains (losses) (34.5) 13.1
Total revenue 483.8 523.6
Expenses:    
Losses and loss adjustment expenses 283.6 307.6
Underwriting, acquisition and insurance expenses 172.9 176.4
Non-operating expenses 7.4 1.9
Interest expense 5.8 5.1
Fee and other (income) expense, net (0.8) 0.1
Foreign currency exchange losses 2.9 1.3
Total expenses 471.8 492.4
Income before income taxes 12.0 31.2
Income tax provision 13.0 1.4
Net income (loss) (1.0) 29.8
Dividends on preferred shares 2.6 2.6
Net Loss attributable to common shareholders, diluted (3.6) 27.2
Net Loss attributable to common shareholders, basic $ (3.6) $ 27.2
Net income (loss) attributable to common shareholders per common share:    
Basic (in dollars per share) $ (0.11) $ 0.78
Diluted (in dollars per share) (0.11) 0.78
Cash dividend declared - common shares (in dollars per share) $ 0.31 $ 0.31
Weighted average common shares:    
Basic (in shares) 34,891,935 34,712,650
Diluted (in shares) 34,891,935 34,938,013