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Consolidated Balance Sheets - USD ($)
$ in Millions
Sep. 30, 2018
Dec. 31, 2017
Assets    
Fixed maturity investments, trading at fair value (Amortized cost 2018: $1,984.2; 2017: $2,195.3) $ 1,979.6 $ 2,180.0
Short-term investments, at fair value (Amortized cost 2018: $758.5; 2017: $625.3) 760.0 625.0
Equity securities, trading at fair value (Cost 2018: $406.4; 2017: $275.1) 430.4 299.2
Other long-term investments, at fair value (Cost 2018: $320.0; 2017: $255.5) 349.0 269.5
Cash 106.5 215.8
Restricted cash 15.0 14.8
Total investments and cash 3,640.5 3,604.3
Accrued investment income 12.1 14.1
Insurance and reinsurance premiums receivable 762.5 543.6
Reinsurance recoverable on unpaid losses 349.0 319.7
Reinsurance recoverable on paid losses 29.8 17.5
Funds held by ceding companies 180.0 153.2
Ceded unearned insurance and reinsurance premiums 191.2 106.6
Deferred acquisition costs 152.8 120.9
Deferred tax asset 197.7 244.1
Accounts receivable on unsettled investment sales 0.1 0.3
Goodwill 400.7 401.0
Intangible assets 207.5 216.3
Other assets 134.8 82.0
Total assets 6,258.7 5,823.6
Liabilities    
Loss and loss adjustment expense reserves 1,891.0 1,898.5
Unearned insurance and reinsurance premiums 766.9 506.8
Ceded reinsurance payable 239.2 139.1
Funds held under reinsurance treaties 105.4 73.4
Deferred tax liability 256.9 282.2
Debt 697.7 723.2
Accounts payable on unsettled investment purchases 18.1 0.3
Other liabilities 200.6 176.8
Total liabilities 4,175.8 3,800.3
Commitments and Contingencies (See Note 18)
Mezzanine equity    
Series A redeemable preference shares 108.8 106.1
Common shareholder's equity    
Common shares (shares issued and outstanding: 120,000,000) 1.2 1.2
Additional paid-in surplus 1,199.3 1,197.9
Retained earnings 970.2 858.4
Accumulated other comprehensive (loss) (197.7) (140.5)
Total common shareholder's equity 1,973.0 1,917.0
Non-controlling interests 1.1 0.2
Total equity 1,974.1 1,917.2
Total liabilities, mezzanine equity, and equity $ 6,258.7 $ 5,823.6