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Segment Information
 6 Months Ended
Jun. 30, 2022
Segment Reporting [Abstract]  
Segment Information Segment Information
We are primarily engaged in underwriting property and casualty insurance. We have two ongoing reporting segments: U.S. Operations and International Operations. Additionally, we have Run-off Lines 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.
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 income (loss) before income taxes for each segment were as follows:
 For the Three Months Ended
June 30,		For the Six Months Ended
June 30,
(in millions)2022202120222021
Revenue:
Earned premiums
U.S. Operations$332.8 $314.5 $669.2 $628.9 
International Operations121.3 155.7 265.5 307.2 
Run-off Lines0.2 0.1 0.2 0.3 
Total earned premiums454.3 470.3 934.9 936.4 
Net investment income
U.S. Operations20.0 33.7 45.6 62.5 
International Operations8.7 13.9 20.1 25.9 
Run-off Lines0.6 1.1 1.3 1.9 
Corporate and Other— 4.0 — 6.8 
Total net investment income29.3 52.7 67.0 97.1 
Net investment and other gains (losses)(40.4)24.7 (74.9)37.8 
Total revenue$443.2 $547.7 $927.0 $1,071.3 

For the Three Months Ended
June 30,		For the Six Months Ended
June 30,
(in millions)2022202120222021
Income (loss) before income taxes
U.S. Operations$43.0 $53.6 $86.9 $90.2 
International Operations2.6 19.5 25.3 7.7 
Run-off Lines(1.5)(0.1)(2.5)0.5 
Total segment income (loss) before income taxes44.1 73.0 109.7 98.4 
Corporate and Other(18.1)(14.6)(34.3)(20.6)
Net investment and other gains (losses) (40.4)24.7 (74.9)37.8 
Foreign currency exchange gains (losses)10.3 (4.4)7.4 (5.7)
Total income (loss) before income taxes$(4.1)$78.7 $7.9 $109.9 
The table below presents earned premiums by geographic location for the three and six months ended June 30, 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
June 30,		For the Six Months Ended
June 30,
(in millions)2022202120222021
United States$333.0 $314.2 $669.4 $627.0 
United Kingdom109.0 116.8 236.1 215.8 
Bermuda11.0 10.7 17.4 35.8 
Malta1.3 11.0 3.6 25.0 
All other jurisdictions— 17.6 8.4 32.8 
Total earned premiums$454.3 $470.3 $934.9 $936.4 
The following table represents identifiable assets:
(in millions)June 30, 2022December 31, 2021
U.S. Operations$5,585.2 $5,800.1 
International Operations3,859.3 3,932.3 
Run-off Lines287.9 314.7 
Corporate and Other143.7 270.7 
Total$9,876.1 $10,317.8 
Included in total assets at June 30, 2022 and December 31, 2021 are $307.8 million and $554.2 million, respectively, in assets associated with trade capital providers.