XML 13 R2.htm IDEA: XBRL DOCUMENT v3.19.2
Consolidated Balance Sheets - USD ($)
$ in Millions
Jun. 30, 2019
Dec. 31, 2018
Assets    
Fixed maturity investments, trading, at fair value (Amortized cost 2019: $1,774.2; 2018: $1,952.9) $ 1,815.7 $ 1,949.2
Short-term investments, at fair value (Amortized cost 2019: $881.3; 2018: $716.1) 882.9 715.5
Equity securities, trading, at fair value (Cost 2019: $376.2; 2018: $409.4) 387.8 380.0
Other long-term investments, at fair value (Cost 2019: $349.9; 2018: $337.6) 379.9 365.0
Cash 116.8 119.4
Restricted cash 13.7 12.8
Total investments and cash 3,596.8 3,541.9
Accrued investment income 13.3 14.1
Insurance and reinsurance premiums receivable 861.3 630.6
Reinsurance recoverable on unpaid losses 357.4 350.2
Reinsurance recoverable on paid losses 69.8 55.0
Funds held by ceding companies 237.6 186.8
Ceded unearned insurance and reinsurance premiums 188.1 159.8
Deferred acquisition costs 158.8 141.6
Deferred tax asset 174.4 202.5
Accounts receivable on unsettled investment sales 2.0 5.0
Goodwill 400.6 400.6
Intangible assets 187.7 195.6
Other assets 171.4 124.0
Total assets 6,419.2 6,007.7
Liabilities    
Loss and loss adjustment expense reserves 2,023.3 2,016.7
Unearned insurance and reinsurance premiums 879.5 647.2
Ceded reinsurance payable 256.9 206.9
Funds held under reinsurance treaties 126.6 110.6
Deferred tax liability 229.7 237.4
Debt 685.9 696.8
Accounts payable on unsettled investment purchases 2.6 3.2
Other liabilities 186.3 150.5
Total liabilities 4,390.8 4,069.3
Commitments and contingencies (see Note 18)
Mezzanine equity    
Series B preference shares 241.3 232.2
Common shareholders' equity    
Common shares (shares issued and outstanding, 2019: 115,296,918; 2018: 115,151,251) 1.2 1.2
Additional paid-in surplus 1,093.5 1,089.1
Retained earnings 918.5 816.6
Accumulated other comprehensive (loss) (229.1) (202.4)
Total common shareholders' equity 1,784.1 1,704.5
Non-controlling interests 3.0 1.7
Total equity 1,787.1 1,706.2
Total liabilities, mezzanine equity, and equity $ 6,419.2 $ 6,007.7