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Consolidated Statements Of Operations And Comprehensive Income - USD ($)
$ in Millions
3 Months Ended 12 Months Ended
Dec. 31, 2016
Sep. 30, 2016
Jun. 30, 2016
Mar. 31, 2016
Dec. 31, 2015
Sep. 30, 2015
Jun. 30, 2015
Mar. 31, 2015
Dec. 31, 2016
Dec. 31, 2015
Dec. 31, 2014
REVENUES:                      
Gross premiums written $ 671.7 $ 730.2 $ 800.3 $ 863.5 $ 632.3 $ 754.1 $ 826.0 $ 880.6 $ 3,065.8 $ 3,093.0 $ 2,935.4
Premiums ceded (226.4) (201.9) (222.2) (159.5) (167.5) (147.1) (222.3) (108.1) (810.0) (645.0) (613.4)
Net premiums written 445.3 528.3 578.1 704.0 464.8 607.0 603.7 772.5 2,255.8 2,448.0 2,322.0
Change in unearned premiums 131.7 55.7 24.8 (123.9) 158.0 43.7 42.7 (204.0) 88.3 40.4 (139.3)
Net premiums earned 577.0 584.0 602.9 580.1 622.8 650.7 646.4 568.5 2,344.1 2,488.4 2,182.7
Net investment income 58.1 50.6 55.8 53.3 49.1 45.7 42.8 44.5 217.8 182.1 176.9
Net realized investment gains (losses) (101.9) 10.7 74.5 18.9 (38.8) (113.6) (20.2) 45.0 2.1 (127.6) 89.0
Other income 4.8 1.8 5.2 0.6 1.0 0.7 0.9 0.9 12.4 3.5 2.1
Total revenue 538.0 647.1 738.4 652.9 634.1 583.5 669.9 658.9 2,576.4 2,546.4 2,450.7
EXPENSES:                      
Net losses and loss expenses 387.8 376.3 365.4 372.4 412.7 416.9 431.5 325.2 1,501.8 1,586.3 1,199.2
Acquisition costs 82.0 82.0 87.4 88.3 96.0 100.1 100.6 78.7 339.8 375.4 295.1
General and administrative expenses 106.1 104.2 104.7 96.4 95.0 105.8 108.4 97.1 411.5 406.3 365.7
Other expense 1.8 2.2 1.7 1.1 1.9 1.3 1.2 1.8 6.8 6.2 8.6
Amortization and impairment of intangible assets 3.2 2.5 2.5 2.5 3.7 2.7 2.8 0.6 10.7 9.8 2.5
Interest expense 10.4 13.5 19.9 20.0 18.1 14.5 14.5 14.3 63.7 61.4 57.8
Foreign exchange (gain) loss 0.8 1.0 (2.9) (3.0) 0.9 (0.8) 1.3 9.9 (4.1) 11.3 1.0
Total expenses 592.1 581.7 578.7 577.7 628.3 640.5 660.3 527.6 2,330.2 2,456.7 1,929.9
Income before income taxes (54.1) 65.4 159.7 75.2 5.8 (57.0) 9.6 131.3 246.2 89.7 520.8
Income tax (benefit) expense (13.3) (3.2) 6.3 1.1 4.0 (5.3) 0.1 7.0 (9.1) 5.8 30.5
NET INCOME $ (40.8) $ 68.6 $ 153.4 $ 74.1 $ 1.8 $ (51.7) $ 9.5 $ 124.3 255.3 83.9 490.3
Other comprehensive loss: foreign currency translation adjustment                 (2.3) (9.3) 0.0
COMPREHENSIVE INCOME                 $ 253.0 $ 74.6 $ 490.3
PER SHARE DATA                      
Basic earnings per share $ (0.47) $ 0.79 $ 1.73 $ 0.82 $ 0.02 $ (0.57) $ 0.10 $ 1.30 $ 2.89 $ 0.91 $ 5.03
Diluted earnings per share $ (0.47) $ 0.77 $ 1.70 $ 0.81 $ 0.02 $ (0.57) $ 0.10 $ 1.27 $ 2.84 $ 0.89 $ 4.92
Weighted average common shares outstanding 87,036,339 87,102,290 88,742,484 90,254,512 90,934,107 90,882,511 92,441,730 95,935,551 88,275,810 92,530,208 97,538,319
Weighted average common shares and common share equivalents outstanding 87,036,339 88,603,101 90,040,509 91,559,225 92,422,422 90,882,511 93,984,226 97,577,029 89,800,894 94,174,460 99,591,773
Dividends paid per share                 $ 1.04 $ 1.23 $ 0.784