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Unaudited Condensed Consolidated Statements Of Operations And Comprehensive Income - USD ($)
$ in Millions
3 Months Ended
Mar. 31, 2017
Mar. 31, 2016
REVENUES:    
Gross premiums written $ 860.9 $ 863.5
Premiums ceded (184.8) (159.5)
Net premiums written 676.1 704.0
Change in unearned premiums (131.2) (123.9)
Net premiums earned 544.9 580.1
Net investment income 52.3 53.3
Net realized investment gains 40.7 18.9
Other income 1.3 0.6
Total revenues 639.2 652.9
EXPENSES:    
Net losses and loss expenses 359.0 372.4
Acquisition costs 77.1 88.3
General and administrative expenses 104.1 96.4
Other expense 7.1 1.1
Amortization of intangible assets 2.3 2.5
Interest expense 10.4 20.0
Foreign exchange loss (gain) 1.4 (3.0)
Total expenses 561.4 577.7
Income before income taxes 77.8 75.2
Income tax (benefit) expense (2.5) 1.1
NET INCOME 80.3 74.1
Other comprehensive income: foreign currency translation adjustment 5.7 3.1
COMPREHENSIVE INCOME $ 86.0 $ 77.2
PER SHARE DATA    
Basic earnings per share $ 0.92 $ 0.82
Diluted earnings per share $ 0.90 $ 0.81
Weighted average common shares outstanding 87,291,369 90,254,512
Weighted average common shares and common share equivalents outstanding 89,133,212 91,559,225
Dividends paid per share $ 0 $ 0.26