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Segment information - Segment results (Details)
$ in Millions
3 Months Ended 6 Months Ended
Jun. 30, 2020
USD ($)
Jun. 30, 2019
USD ($)
Jun. 30, 2020
USD ($)
product
segment
Jun. 30, 2019
USD ($)
Segment information        
Number of reportable segments | segment     4  
Gross written premiums $ 322.6 $ 487.1 $ 1,140.2 $ 1,109.4
Net written premiums 306.0 401.7 935.9 886.5
Net earned insurance and reinsurance premiums 369.8 370.7 804.5 682.6
Loss and allocated LAE (228.0) (266.8) (642.1) (441.3)
Insurance and reinsurance acquisition expenses (78.1) (77.0) (152.8) (140.3)
Technical profit (loss) 63.7 26.9 9.6 101.0
Unallocated LAE (12.3) (11.2) (25.3) (20.6)
Other underwriting expenses (36.3) (35.5) (74.3) (70.8)
Underwriting income (loss) 15.1 (19.8) (90.0) 9.6
Service fee revenue 11.4 16.6 36.3 41.9
General and administrative expenses, MGU plus Runoff & Other (23.9) (28.2) (56.0) (52.6)
Underwriting income (loss), including net service fee income 14.1 (19.2) (81.8) 18.5
Net investment income 14.8 24.4 28.3 44.5
Net realized investment gains 7.1 15.6 27.4 24.6
Net unrealized investment gains 8.7 15.5 (35.1) 89.5
Net foreign exchange (losses) (16.1) (0.6) 2.4 4.5
Other revenue (1.2) (1.2) (21.8) (6.9)
General and administrative expenses (11.5) (12.2) (27.9) (19.6)
Intangible asset amortization expenses (4.0) (4.0) (7.9) (7.9)
Interest expense on debt (7.9) (8.0) (15.7) (15.6)
Pre-tax income (loss) $ 4.0 $ 10.3 $ (132.1) $ 131.6
Underwriting Ratios        
Loss ratio 65.00% 75.00% 83.00% 67.70%
Acquisition expense ratio 21.10% 20.80% 19.00% 20.60%
Other underwriting expense ratio 9.80% 9.60% 9.20% 10.40%
Combined ratio 95.90% 105.40% 111.20% 98.70%
Goodwill and intangible assets $ 572.7 $ 588.3 $ 572.7 $ 588.3
Managing general underwriters        
Segment information        
General and administrative expenses, MGU plus Runoff & Other (12.4) (16.0) (28.1) (33.0)
Corporate Eliminations        
Segment information        
Insurance and reinsurance acquisition expenses 10.2 12.6 20.6 22.9
Technical profit (loss) 10.2 12.6 20.6 22.9
Unallocated LAE (4.7) (4.2) (10.1) (7.6)
Other underwriting expenses (4.7) (4.8) (9.7) (7.5)
Underwriting income (loss) 0.8 3.6 0.8 7.8
Service fee revenue (11.7) (13.7) (22.7) (24.7)
Corporate Eliminations | Managing general underwriters        
Segment information        
Unallocated LAE 6.2 5.3 12.2 9.4
Other underwriting expenses 4.7 4.8 9.7 7.5
Global Reinsurance        
Segment information        
Net written premiums 220.5 266.7 565.9 602.6
Global Reinsurance | Reportable segments        
Segment information        
Gross written premiums 213.5 317.1 678.8 752.1
Net written premiums 220.5 266.7 565.9 602.6
Net earned insurance and reinsurance premiums 240.9 244.9 475.9 456.2
Loss and allocated LAE (148.5) (188.5) (405.7) (296.3)
Insurance and reinsurance acquisition expenses (53.7) (50.0) (104.6) (95.6)
Technical profit (loss) 38.7 6.4 (34.4) 64.3
Unallocated LAE (5.2) (4.7) (10.2) (8.7)
Other underwriting expenses (20.5) (21.6) (41.8) (43.2)
Underwriting income (loss) 13.0 (19.9) (86.4) 12.4
Underwriting income (loss), including net service fee income $ 13.0 $ (19.9) $ (86.4) $ 12.4
Underwriting Ratios        
Loss ratio 63.80% 78.90% 87.40% 66.90%
Acquisition expense ratio 22.30% 20.40% 22.00% 21.00%
Other underwriting expense ratio 8.50% 8.80% 8.80% 9.50%
Combined ratio 94.60% 108.10% 118.20% 97.40%
Global A&H        
Segment information        
Net written premiums $ 62.0 $ 120.6 $ 262.7 $ 255.5
Global A&H | Reportable segments        
Segment information        
Gross written premiums 83.7 152.8 345.8 322.1
Net written premiums 62.0 120.6 262.7 255.5
Net earned insurance and reinsurance premiums 113.2 118.8 231.1 214.9
Loss and allocated LAE (69.6) (71.8) (149.9) (135.0)
Insurance and reinsurance acquisition expenses (31.5) (36.0) (62.3) (62.6)
Technical profit (loss) 12.1 11.0 18.9 17.3
Unallocated LAE (0.6) (2.0) (2.3) (3.5)
Other underwriting expenses (6.7) (5.9) (12.3) (12.0)
Underwriting income (loss) 4.8 3.1 4.3 1.8
Service fee revenue 23.1 30.3 59.0 66.6
Underwriting income (loss), including net service fee income $ 6.0 $ 8.3 $ 16.2 $ 20.3
Underwriting Ratios        
Loss ratio 62.00% 62.10% 65.90% 64.40%
Acquisition expense ratio 27.80% 30.30% 27.00% 29.10%
Other underwriting expense ratio 5.90% 5.00% 5.30% 5.60%
Combined ratio 95.70% 97.40% 98.20% 99.10%
Goodwill and intangible assets $ 564.6 $ 580.2 $ 564.6 $ 580.2
Global A&H | Reportable segments | Managing general underwriters        
Segment information        
Unallocated LAE (6.2) (5.3) (12.2) (9.4)
Other underwriting expenses (4.7) (4.8) (9.7) (7.5)
General and administrative expenses, MGU plus Runoff & Other (11.0) (15.0) $ (25.2) (31.2)
U.S. Specialty        
Segment information        
Number of core products | product     4  
Net written premiums 23.8 14.1 $ 39.0 27.7
U.S. Specialty | Reportable segments        
Segment information        
Gross written premiums 25.5 16.0 46.3 32.6
Net written premiums 23.8 14.1 39.0 27.7
Net earned insurance and reinsurance premiums 15.2 6.7 28.0 10.8
Loss and allocated LAE (10.4) (4.1) (18.1) (6.5)
Insurance and reinsurance acquisition expenses (3.4) (1.8) (6.4) (2.5)
Technical profit (loss) 1.4 0.8 3.5 1.8
Unallocated LAE (0.1) (0.1) (0.2) (0.1)
Other underwriting expenses (2.9) (2.1) (8.1) (4.9)
Underwriting income (loss) (1.6) (1.4) (4.8) (3.2)
Underwriting income (loss), including net service fee income $ (1.6) $ (1.4) $ (4.8) $ (3.2)
Underwriting Ratios        
Loss ratio 69.10% 62.70% 65.40% 61.10%
Acquisition expense ratio 22.40% 26.90% 22.90% 23.10%
Other underwriting expense ratio 19.10% 31.30% 28.90% 45.40%
Combined ratio 110.60% 120.90% 117.20% 129.60%
U.S. Specialty | Reportable segments | Minimum        
Segment information        
Pre-agreed domestic and export sales of goods and services coverage period     60 days  
U.S. Specialty | Reportable segments | Maximum        
Segment information        
Pre-agreed domestic and export sales of goods and services coverage period     120 days  
Runoff & Other        
Segment information        
Net written premiums $ (0.3) $ 0.3 $ 68.3 $ 0.7
Runoff & Other | Reportable segments        
Segment information        
Gross written premiums (0.1) 1.2 69.3 2.6
Net written premiums (0.3) 0.3 68.3 0.7
Net earned insurance and reinsurance premiums 0.5 0.3 69.5 0.7
Loss and allocated LAE 0.5 (2.4) (68.4) (3.5)
Insurance and reinsurance acquisition expenses 0.3 (1.8) (0.1) (2.5)
Technical profit (loss) 1.3 (3.9) 1.0 (5.3)
Unallocated LAE (1.7) (0.2) (2.5) (0.7)
Other underwriting expenses (1.5) (1.1) (2.4) (3.2)
Underwriting income (loss) (1.9) (5.2) (3.9) (9.2)
Underwriting income (loss), including net service fee income (3.3) (6.2) (6.8) (11.0)
Underwriting Ratios        
Goodwill and intangible assets 8.1 8.1 8.1 8.1
Runoff & Other | Reportable segments | Managing general underwriters        
Segment information        
General and administrative expenses, MGU plus Runoff & Other $ (1.4) $ (1.0) $ (2.9) $ (1.8)