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Investments (Details) (USD $)
In Millions, unless otherwise specified
3 Months Ended
Mar. 31, 2014
Dec. 31, 2013
Fixed Maturity Investments and Equity Securities    
Cost or Amortized Cost, Fixed maturity investments $ 2,464.6 $ 2,421.9
Cost or Amortized Cost, Equity securities 148.0 106.6
Fair Value, Fixed maturity investments 2,496.3 2,430.8
Fair Value, Equity securities 156.9 117.3
Net unrealized losses associated with Montpeliers open short positions 2.5 2.4
Average duration of fixed maturities 6 months 26 days  
Fixed maturity investments rated "A" (Strong) or better by Standard & Poor's (as a percent) 69.90%  
Fixed maturity investments rated "BBB" (Good) by Standard & Poor's (as a percent) 10.40%  
Fixed maturity investments unrated or rated below "BBB" by Standard & Poor's (as a percent) 19.70%  
Fixed maturity investments
   
Fixed Maturity Investments and Equity Securities    
Open short positions 208.4 130.0
Equity and investment option and future positions
   
Fixed Maturity Investments and Equity Securities    
Open short positions 12.0 25.6
Corporate debt securities
   
Fixed Maturity Investments and Equity Securities    
Cost or Amortized Cost, Fixed maturity investments 913.2 886.7
Fair Value, Fixed maturity investments 929.7 906.8
Debt securities issued by non-U.S. governments and their agencies
   
Fixed Maturity Investments and Equity Securities    
Cost or Amortized Cost, Fixed maturity investments 459.4 109.6
Fair Value, Fixed maturity investments 465.4 108.2
Debt securities issued/sponsored by the U.S. Treasury and its agencies
   
Fixed Maturity Investments and Equity Securities    
Cost or Amortized Cost, Fixed maturity investments 389.1 533.0
Fair Value, Fixed maturity investments 388.5 524.5
Residential mortgage-backed securities
   
Fixed Maturity Investments and Equity Securities    
Cost or Amortized Cost, Fixed maturity investments 291.7 430.3
Fair Value, Fixed maturity investments 294.4 423.5
Commercial mortgage-backed securities
   
Fixed Maturity Investments and Equity Securities    
Cost or Amortized Cost, Fixed maturity investments 134.1 137.7
Fair Value, Fixed maturity investments 135.1 138.8
Debt securities issued by U.S. states and political subdivisions
   
Fixed Maturity Investments and Equity Securities    
Cost or Amortized Cost, Fixed maturity investments 39.3 47.2
Fair Value, Fixed maturity investments 42.2 47.1
Other debt obligations
   
Fixed Maturity Investments and Equity Securities    
Cost or Amortized Cost, Fixed maturity investments 237.8 277.4
Fair Value, Fixed maturity investments 241.0 281.9
Exchange-listed funds
   
Fixed Maturity Investments and Equity Securities    
Cost or Amortized Cost, Equity securities 136.1 84.5
Fair Value, Equity securities 145.5 95.2
Other
   
Fixed Maturity Investments and Equity Securities    
Cost or Amortized Cost, Equity securities 11.9 22.1
Fair Value, Equity securities $ 11.4 $ 22.1