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Consolidated Statements of Changes in Shareholders’ Equity (Unaudited) - USD ($)
$ in Millions
Total
Common shares
Common shares held in treasury, at cost
Additional paid-in capital
Accumulated other comprehensive income/(loss), net of tax
Retained earnings
Balance - beginning of period at Dec. 31, 2023   $ 1.2   $ 2,039.0 $ (27.0) $ 436.6
Increase (Decrease) in Stockholders' Equity [Roll Forward]            
Repurchase of common shares     $ (38.7)      
Share compensation expense       4.9    
Shares withheld for employee taxes on restricted share unit vesting       (2.2)    
Unrealized gains/(losses) arising during the period, net of reclassification adjustment $ 4.7       4.7  
Net income/(loss) 134.9         134.9
Cash dividends declared           (23.5)
Balance - end of period at Jun. 30, 2024 2,529.9 1.2 (38.7) 2,041.7 (22.3) 548.0
Balance - beginning of period at Mar. 31, 2024   1.2 (5.0) 2,042.1 (27.2) 506.0
Increase (Decrease) in Stockholders' Equity [Roll Forward]            
Repurchase of common shares     (33.7)      
Share compensation expense       1.8    
Shares withheld for employee taxes on restricted share unit vesting       (2.2)    
Unrealized gains/(losses) arising during the period, net of reclassification adjustment 4.9       4.9  
Net income/(loss) 53.7         53.7
Cash dividends declared           (11.7)
Balance - end of period at Jun. 30, 2024 2,529.9 1.2 (38.7) 2,041.7 (22.3) 548.0
Balance - beginning of period at Dec. 31, 2024 2,448.4 1.2 (105.5) 2,044.6 4.5 503.6
Increase (Decrease) in Stockholders' Equity [Roll Forward]            
Common shares repurchased and retired   (0.2)   (216.1)    
Retirement of treasury shares     105.5      
Share compensation expense       2.9    
Shares withheld for employee taxes on restricted share unit vesting       (0.2)    
Unrealized gains/(losses) arising during the period, net of reclassification adjustment 28.2       28.2  
Net income/(loss) (22.8)         (22.8)
Cash dividends declared           (22.3)
Balance - end of period at Jun. 30, 2025 2,323.4 1.0 0.0 1,831.2 32.7 458.5
Balance - beginning of period at Mar. 31, 2025   1.1 (22.1) 1,940.5 22.0 449.9
Increase (Decrease) in Stockholders' Equity [Roll Forward]            
Common shares repurchased and retired   (0.1)   (110.7)    
Retirement of treasury shares     22.1      
Share compensation expense       1.6    
Shares withheld for employee taxes on restricted share unit vesting       (0.2)    
Unrealized gains/(losses) arising during the period, net of reclassification adjustment 10.7       10.7  
Net income/(loss) 19.7         19.7
Cash dividends declared           (11.1)
Balance - end of period at Jun. 30, 2025 $ 2,323.4 $ 1.0 $ 0.0 $ 1,831.2 $ 32.7 $ 458.5