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CONSOLIDATED STATEMENTS OF OPERATIONS AND COMPREHENSIVE INCOME (USD $)
In Millions, except Per Share data, unless otherwise specified
3 Months Ended 9 Months Ended
Sep. 30, 2013
Sep. 30, 2012
Sep. 30, 2013
Sep. 30, 2012
Revenues        
Gross insurance and reinsurance premiums written $ 114.5 $ 127.7 $ 618.4 $ 640.9
Ceded reinsurance premiums (13.0) (26.2) (93.1) (108.6)
Net insurance and reinsurance premiums written 101.5 101.5 525.3 532.3
Change in net unearned insurance and reinsurance premiums 51.5 51.5 (73.7) (72.4)
Net insurance and reinsurance premiums earned 153.0 153.0 451.6 459.9
Net investment income 16.7 15.5 49.8 50.3
Net realized and unrealized investment gains (losses) 4.6 33.2 (57.3) 78.9
Net foreign currency losses (22.3) (10.8) (6.5) (10.5)
Net income (loss) from derivative instruments (6.7) 0.7 (14.3) 4.3
Other revenue   0.1   0.8
Total revenues 145.3 191.7 423.3 583.7
Underwriting expenses:        
Loss and loss adjustment expenses 26.8 57.3 124.2 158.5
Insurance and reinsurance acquisition costs 24.5 23.5 69.2 71.9
General and administrative expenses 31.3 30.5 84.6 87.2
Non-underwriting expenses:        
Interest and other financing expenses 4.7 4.7 14.1 14.5
Total expenses 87.3 116.0 292.1 332.1
Income before income taxes 58.0 75.7 131.2 251.6
Income tax benefit (provision) (0.1) (0.7) 0.1 (0.7)
Net income 57.9 75.0 131.3 250.9
Net income attributable to non-controlling interest (1.6)   (3.5)  
Net income available to the Company 56.3 75.0 127.8 250.9
Dividends declared on Preferred Shares (3.3) (3.3) (10.0) (10.0)
Net income available to the Company's common shareholders 53.0 71.7 117.8 240.9
Net income 57.9 75.0 131.3 250.9
Net change in foreign currency translation 3.1 1.7 (0.1) 0.5
Comprehensive income 61.0 76.7 131.2 251.4
Net income attributable to non-controlling interest (1.6)   (3.5)  
Comprehensive income available to the Company $ 59.4 $ 76.7 $ 127.7 $ 251.4
Per share data:        
Basic and diluted earnings per Common Share (in dollars per share) $ 1.02 $ 1.25 $ 2.20 $ 4.08
Dividends declared per Common Share (in dollars per share) $ 0.115 $ 0.105 $ 0.345 $ 0.315