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Consolidated Statements of (Loss) Income - USD ($)
$ in Millions
3 Months Ended
Mar. 31, 2020
Mar. 31, 2019
Revenues    
Net earned insurance and reinsurance premiums $ 434.7 $ 311.9
Net investment income 13.5 20.1
Net realized investment gains 20.3 9.0
Net unrealized investment (losses) gains (43.8) 74.0
Net foreign exchange gains 18.5 5.1
Other revenue 4.3 19.6
Total revenues 447.5 439.7
Expenses    
Loss and loss adjustment expenses 427.1 183.9
Insurance and reinsurance acquisition expenses 74.7 63.3
Other underwriting expenses 38.0 35.3
General and administrative expenses 32.1 24.4
Intangible asset amortization expenses 3.9 3.9
Interest expense on debt 7.8 7.6
Total expenses 583.6 318.4
Pre-tax (loss) income (136.1) 121.3
Income tax benefit (expense) 14.8 (17.2)
Net (loss) income (121.3) 104.1
Income attributable to non-controlling interests (0.2) (0.4)
(Loss) income attributable to Sirius Group (121.5) 103.7
Change in carrying value of Series B preference shares 23.4 (8.4)
Net (loss) income attributable to Sirius Group's common shareholders $ (98.1) $ 95.3
Net (loss) income per common share and common share equivalent    
Basic earnings per common share and common share equivalent (in usd per share) $ (0.85) $ 0.75
Diluted earnings per common share and common share equivalent (in usd per share) $ (0.96) $ 0.74
Weighted average number of common shares and common share equivalents outstanding:    
Basic weighted average number of common shares and common share equivalents outstanding (in shares) 115,262,302 115,182,331
Diluted weighted average number of common shares and common share equivalents outstanding (in shares) 127,163,972 127,335,314