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Consolidated Statements of Income - USD ($)
$ in Millions
3 Months Ended
Mar. 31, 2019
Mar. 31, 2018
Revenues    
Net earned insurance and reinsurance premiums $ 311.9 $ 284.5
Net investment income 20.1 10.8
Net realized investment gains (losses) 9.0 (3.7)
Net unrealized investment gains 74.0 16.0
Net foreign exchange gains (losses) 5.1 (3.5)
Other revenue 19.6 23.4
Total revenues 439.7 327.5
Expenses    
Loss and loss adjustment expenses 183.9 141.0
Insurance and reinsurance acquisition expenses 63.3 63.0
Other underwriting expenses 35.3 43.2
General and administrative expenses 24.4 14.3
Intangible asset amortization expenses 3.9 3.9
Interest expense on debt 7.6 7.7
Total expenses 318.4 273.1
Pre-tax income 121.3 54.4
Income tax (expense) (17.2) (11.1)
Net income 104.1 43.3
Less: income attributable to non-controlling interests (0.4) (0.2)
Net income attributable to Sirius Group 103.7 43.1
Less: Change in carrying value of Series B preference shares (8.4)  
Less: Accrued dividends on Series A redeemable preference shares   (2.6)
Net income attributable to Sirius Group's common shareholders $ 95.3 $ 40.5
Net income per common share and common share equivalent    
Basic earnings per common share and common share equivalent $ 0.75 $ 0.32
Diluted earnings per common share and common share equivalent $ 0.74 $ 0.32
Weighted average number of common shares and common share equivalents outstanding    
Basic weighted average number of common shares and common share equivalents outstanding 115,182,331 120,000,000
Diluted weighted average number of common shares and common share equivalents outstanding 127,335,314 120,000,000