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Consolidated Statements of Changes in Shareholders’ Equity (Unaudited) - USD ($)
$ in Millions
Total
Common shares
Additional paid-in capital
Unrealized gains/(losses) on available-for-sale securities, net of tax
Currency translation reserve
Accumulated other comprehensive income/(loss), net of tax
Retained earnings
Common shares held in treasury, at cost
Total shareholders' equity attributable to common shareholders
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   0.2 89.3              
Shares cancelled upon distribution of The Fidelis Partnership   (0.9)                
Share compensation expense     24.8              
Shares withheld for employee taxes on restricted share unit vesting     (50.6)              
Cumulative dividends on warrants     (34.1)              
Distribution of The Fidelis Partnership net assets to shareholders     (68.4)       (1,696.4)     (10.3)
Unrealized gains/(losses) arising during the period, net of reclassification adjustment $ 14.1     14.1 1.1          
Net income $ 1,904.2           1,904.2      
Common stock, dividends, per share, declared (in dollars per share) $ 0                  
Dividends             0.0      
Repurchase of common shares               0.0    
Balance – end of year at Sep. 30, 2023 $ 2,160.1 1.2 2,036.2 (85.6) 0.0 $ (85.6) 208.3 0.0 $ 2,160.1 0.0
Balance - beginning of year at Jun. 30, 2023   1.1 1,944.8 (85.9) 0.0   120.6 0.0   0.0
Increase (Decrease) in Stockholders' Equity [Roll Forward]                    
Issue of common shares   0.1 89.3              
Shares cancelled upon distribution of The Fidelis Partnership   0.0                
Share compensation expense     2.6              
Shares withheld for employee taxes on restricted share unit vesting     0.0              
Cumulative dividends on warrants     0.0              
Distribution of The Fidelis Partnership net assets to shareholders     (0.5)       0.0     0.0
Unrealized gains/(losses) arising during the period, net of reclassification adjustment 0.3     0.3 0.0          
Net income $ 87.7           87.7      
Common stock, dividends, per share, declared (in dollars per share) $ 0                  
Dividends             0.0      
Repurchase of common shares               0.0    
Balance – end of year at Sep. 30, 2023 $ 2,160.1 1.2 2,036.2 (85.6) 0.0 (85.6) 208.3 0.0 2,160.1 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     6.8              
Shares withheld for employee taxes on restricted share unit vesting     (2.2)              
Cumulative dividends on warrants     0.0              
Distribution of The Fidelis Partnership net assets to shareholders     0.0       0.0     0.0
Unrealized gains/(losses) arising during the period, net of reclassification adjustment 83.1     83.1 0.0          
Net income $ 235.5           235.5      
Common stock, dividends, per share, declared (in dollars per share) $ 0.30                  
Dividends             (35.2)      
Repurchase of common shares               (105.5)    
Balance – end of year at Sep. 30, 2024 $ 2,632.3 1.2 2,043.6 56.1 0.0 56.1 636.9 (105.5) 2,632.3 0.0
Balance - beginning of year at Jun. 30, 2024   1.2 2,041.7 (22.3) 0.0   548.0 (38.7)   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     1.9              
Shares withheld for employee taxes on restricted share unit vesting     0.0              
Cumulative dividends on warrants     0.0              
Distribution of The Fidelis Partnership net assets to shareholders     0.0       0.0     0.0
Unrealized gains/(losses) arising during the period, net of reclassification adjustment 78.4     78.4 0.0          
Net income $ 100.6           100.6      
Common stock, dividends, per share, declared (in dollars per share) $ 0.10                  
Dividends             (11.7)      
Repurchase of common shares               (66.8)    
Balance – end of year at Sep. 30, 2024 $ 2,632.3 $ 1.2 $ 2,043.6 $ 56.1 $ 0.0 $ 56.1 $ 636.9 $ (105.5) $ 2,632.3 $ 0.0