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Consolidated Statements of Changes in Shareholders’ Equity (Unaudited) - USD ($)
$ in Millions
Total
Total shareholders' equity attributable to common shareholders
Common shares
Additional paid-in capital
Accumulated other comprehensive loss, net of tax
Unrealized losses on available-for-sale securities, net of tax
Currency translation reserve
Retained earnings/(accumulated deficit)
Treasury Stock, Common
Non-controlling interests
Balance - beginning of year at Dec. 31, 2022     $ 1.9 $ 2,075.2   $ (99.7) $ (1.1) $ 0.5 $ 0.0 $ 10.3
Increase (Decrease) in Stockholders' Equity [Roll Forward]                    
Issue of common shares     0.1 0.0            
Shares cancelled upon distribution of The Fidelis Partnership     (0.9)              
Share compensation expense       22.2            
Shares withheld for employee taxes on restricted share unit vesting       (50.6)            
Dividends       (34.1)       0.0    
Distribution of The Fidelis Partnership net assets to shareholders       (67.9)       (1,696.4)   (10.3)
Repurchase of common shares                 0.0  
Unrealized gains/(losses) arising during the period, net of reclassification adjustment $ 13.8         13.8 1.1      
Net income 1,816.5             1,816.5    
Balance – end of year at Jun. 30, 2023 1,980.6 $ 1,980.6 1.1 1,944.8 $ (85.9) (85.9) 0.0 120.6 0.0 0.0
Balance - beginning of year at Mar. 31, 2023     1.1 1,943.5   (76.8) 0.0 36.7 0.0 0.0
Increase (Decrease) in Stockholders' Equity [Roll Forward]                    
Issue of common shares     0.0 0.1            
Shares cancelled upon distribution of The Fidelis Partnership     0.0              
Share compensation expense       1.2            
Shares withheld for employee taxes on restricted share unit vesting       0.0            
Dividends       0.0       0.0    
Distribution of The Fidelis Partnership net assets to shareholders       0.0       0.0   0.0
Repurchase of common shares                 0.0  
Unrealized gains/(losses) arising during the period, net of reclassification adjustment (9.1)         (9.1) 0.0      
Net income 83.9             83.9    
Balance – end of year at Jun. 30, 2023 1,980.6 1,980.6 1.1 1,944.8 (85.9) (85.9) 0.0 120.6 0.0 0.0
Balance - beginning of year at Dec. 31, 2023     1.2 2,039.0   (27.0) 0.0 436.6 0.0 0.0
Increase (Decrease) in Stockholders' Equity [Roll Forward]                    
Issue of common shares     0.0 0.0            
Shares cancelled upon distribution of The Fidelis Partnership     0.0              
Share compensation expense       4.9            
Shares withheld for employee taxes on restricted share unit vesting       (2.2)            
Dividends       0.0       (23.5)    
Distribution of The Fidelis Partnership net assets to shareholders       0.0       0.0   0.0
Repurchase of common shares                 (38.7)  
Unrealized gains/(losses) arising during the period, net of reclassification adjustment 4.7         4.7 0.0      
Net income 134.9             134.9    
Balance – end of year at Jun. 30, 2024 2,529.9 2,529.9 1.2 2,041.7 (22.3) (22.3) 0.0 548.0 (38.7) 0.0
Balance - beginning of year at Mar. 31, 2024     1.2 2,042.1   (27.2) 0.0 506.0 (5.0) 0.0
Increase (Decrease) in Stockholders' Equity [Roll Forward]                    
Issue of common shares     0.0 0.0            
Shares cancelled upon distribution of The Fidelis Partnership     0.0              
Share compensation expense       1.8            
Shares withheld for employee taxes on restricted share unit vesting       (2.2)            
Dividends       0.0       (11.7)    
Distribution of The Fidelis Partnership net assets to shareholders       0.0       0.0   0.0
Repurchase of common shares                 (33.7)  
Unrealized gains/(losses) arising during the period, net of reclassification adjustment 4.9         4.9 0.0      
Net income 53.7             53.7    
Balance – end of year at Jun. 30, 2024 $ 2,529.9 $ 2,529.9 $ 1.2 $ 2,041.7 $ (22.3) $ (22.3) $ 0.0 $ 548.0 $ (38.7) $ 0.0