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CONSOLIDATED STATEMENTS OF OPERATIONS AND COMPREHENSIVE INCOME (USD $)
In Millions, except Per Share data, unless otherwise specified
3 Months Ended 6 Months Ended
Jun. 30, 2013
Jun. 30, 2012
Jun. 30, 2013
Jun. 30, 2012
Revenues        
Gross insurance and reinsurance premiums written $ 242.7 $ 253.5 $ 503.9 $ 513.2
Ceded reinsurance premiums (44.9) (42.7) (80.1) (82.4)
Net insurance and reinsurance premiums written 197.8 210.8 423.8 430.8
Change in net unearned insurance and reinsurance premiums (58.9) (64.4) (125.2) (123.9)
Net insurance and reinsurance premiums earned 138.9 146.4 298.6 306.9
Net investment income 16.7 17.2 33.1 34.8
Net realized and unrealized investment gains (losses) (61.2) 13.3 (61.9) 45.7
Net foreign currency gains (losses) (5.3) 2.9 15.8 0.3
Net income (loss) from derivative instruments (12.2) 2.1 (7.6) 3.6
Other revenue   0.2   0.7
Total revenues 76.9 182.1 278.0 392.0
Underwriting expenses:        
Loss and loss adjustment expenses 46.8 57.2 97.4 101.2
Insurance and reinsurance acquisition costs 22.6 23.6 44.7 48.4
General and administrative expenses 26.4 31.0 53.3 56.7
Non-underwriting expenses:        
Interest and other financing expenses 4.7 4.8 9.4 9.8
Total expenses 100.5 116.6 204.8 216.1
Income (loss) before income taxes (23.6) 65.5 73.2 175.9
Income tax benefit 0.4 0 0.2 0
Net income (loss) (23.2) 65.5 73.4 175.9
Net income attributable to non-controlling interest (0.7)   (1.9)  
Net income (loss) available to the Company (23.9) 65.5 71.5 175.9
Dividends declared on Preferred Shares (3.4) (3.4) (6.7) (6.7)
Net income (loss) available to the Company's common shareholders (27.3) 62.1 64.8 169.2
Net income (loss) (23.2) 65.5 73.4 175.9
Net change in foreign currency translation 0.3 (1.6) (3.2) (1.2)
Comprehensive income (loss) (22.9) 63.9 70.2 174.7
Net income attributable to non-controlling interest (0.7)   (1.9)  
Comprehensive income (loss) available to the Company $ (23.6) $ 63.9 $ 68.3 $ 174.7
Per share data:        
Basic and diluted earnings (loss) per Common Share (in dollars per share) $ (0.52) $ 1.06 $ 1.19 $ 2.82
Dividends declared per Common Share (in dollars per share) $ 0.115 $ 0.105 $ 0.23 $ 0.21