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CONSOLIDATED BALANCE SHEETS (USD $)
In Millions, unless otherwise specified
Mar. 31, 2014
Dec. 31, 2013
Assets    
Fixed maturity investments, at fair value (amortized cost: $2,464.6 and $2,421.9) $ 2,496.3 $ 2,430.8
Equity securities, at fair value (cost: $148.0 and $106.6) 156.9 117.3
Other investments (cost: $152.9 and $77.7) 155.6 78.8
Total investments 2,808.8 2,626.9
Cash and cash equivalents 747.4 468.4
Restricted cash 74.5 133.7
Reinsurance recoverable on unpaid losses 55.0 63.6
Reinsurance recoverable on paid losses 4.3 3.6
Insurance and reinsurance premiums receivable 273.8 203.4
Unearned reinsurance premiums ceded 38.3 22.6
Deferred insurance and reinsurance acquisition costs 61.4 51.5
Accrued investment income 16.2 15.0
Amounts receivable under reverse repurchase agreements 121.5 80.8
Unsettled sales of investments 132.6 58.8
Other assets 30.4 30.2
Total Assets 4,364.2 3,758.5
Liabilities    
Loss and loss adjustment expense reserves 839.1 881.6
Debt 399.2 399.2
Unearned insurance and reinsurance premiums 373.6 276.7
Insurance and reinsurance balances payable 62.2 43.3
Amounts payable under repurchase agreements 402.7 0
Investment securities sold short, at fair value 220.4 155.6
Unsettled purchases of investments 110.7 58.8
Accounts payable, accrued expenses and other liabilities 46.9 56.3
Total Liabilities 2,454.8 1,871.5
Commitments and Contingent Liabilities (See Note 10)      
Shareholders' Equity    
Non-cumulative preferred shares ("Preferred Shares") - issued 6,000,000 shares 150.0 150.0
Common Shares, at par value - issued 48,109,054 and 50,462,839 shares 0.1 0.1
Additional paid-in capital 830.5 900.5
Common Shares held in treasury, at cost: 1,091,196 and 1,188,674 shares (19.0) (18.9)
Retained earnings 697.8 612.8
Accumulated other comprehensive loss (2.2) (2.4)
Total Shareholders' Equity available to the Company 1,657.2 1,642.1
Non-controlling interests 252.2 244.9
Total Shareholders' Equity 1,909.4 1,887.0
Total Liabilities and Shareholders' Equity $ 4,364.2 $ 3,758.5