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Unaudited Condensed Consolidated Statements Of Operations And Comprehensive Income - USD ($)
$ in Millions
3 Months Ended 9 Months Ended
Sep. 30, 2016
Sep. 30, 2015
Sep. 30, 2016
Sep. 30, 2015
REVENUES:        
Gross premiums written $ 730.2 $ 754.1 $ 2,394.1 $ 2,460.6
Premiums ceded (201.9) (147.1) (583.6) (477.4)
Net premiums written 528.3 607.0 1,810.5 1,983.2
Change in unearned premiums 55.7 43.7 (43.4) (117.6)
Net premiums earned 584.0 650.7 1,767.1 1,865.6
Net investment income 50.6 45.7 159.7 133.0
Net realized investment gains (losses) 10.7 (113.6) 104.0 (88.8)
Other income 1.8 0.7 7.6 2.5
Total revenues 647.1 583.5 2,038.4 1,912.3
EXPENSES:        
Net losses and loss expenses 376.3 416.9 1,114.1 1,173.6
Acquisition costs 82.0 100.1 257.7 279.4
General and administrative expenses 104.2 105.8 305.3 311.3
Other expense 2.2 1.3 5.0 4.3
Amortization of intangible assets 2.5 2.6 7.5 6.1
Interest expense 13.5 14.5 53.3 43.2
Foreign exchange loss (gain) 1.0 (0.8) (4.9) 10.4
Total expenses 581.7 640.4 1,738.0 1,828.3
Income (loss) before income taxes 65.4 (56.9) 300.4 84.0
Income tax (benefit) expense (3.2) (5.3) 4.3 1.8
NET INCOME (LOSS) 68.6 (51.6) 296.1 82.2
Other comprehensive gain (loss): foreign currency translation adjustment 0.6 (1.0) 3.9 (4.3)
COMPREHENSIVE INCOME (LOSS) $ 69.2 $ (52.6) $ 300.0 $ 77.9
PER SHARE DATA        
Basic earnings (loss) per share $ 0.79 $ (0.57) $ 3.34 $ 0.88
Diluted earnings (loss) per share $ 0.77 $ (0.57) $ 3.29 $ 0.87
Weighted average common shares outstanding 87,102,290 90,882,511 88,691,983 93,068,088
Weighted average common shares and common share equivalents outstanding 88,603,101 90,882,511 90,113,606 94,724,980
Dividends paid per share $ 0.260 $ 0.260 $ 0.780 $ 0.710