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Segment information - Segment results (Details)
$ in Millions
3 Months Ended 9 Months Ended
Sep. 30, 2020
USD ($)
Sep. 30, 2019
USD ($)
Sep. 30, 2020
USD ($)
product
segment
Sep. 30, 2019
USD ($)
Segment information        
Number of reportable segments | segment     4  
Gross written premiums $ 356.0 $ 413.7 $ 1,496.2 $ 1,523.1
Net written premiums 282.3 322.3 1,218.2 1,208.8
Net earned insurance and reinsurance premiums 372.6 374.2 1,177.1 1,056.8
Loss and allocated LAE (291.3) (334.4) (925.1) (775.7)
Insurance and reinsurance acquisition expenses (83.6) (75.1) (236.4) (215.4)
Technical (loss) profit (2.3) (35.3) 15.6 65.7
Unallocated LAE (14.1) (14.2) (47.7) (34.8)
Other underwriting expenses (41.3) (35.4) (115.6) (106.2)
Underwriting (loss) income (57.7) (84.9) (147.7) (75.3)
Service fee revenue 16.5 16.4 52.8 58.3
General and administrative expenses, MGU plus Runoff & Other (34.4) (28.0) (90.4) (80.6)
Underwriting (loss) income, including net service fee income (53.1) (84.8) (134.9) (66.3)
Net investment income 1.7 22.8 30.0 67.3
Net realized investment gains (3.8) 15.3 23.6 39.9
Net unrealized investment gains 31.2 53.9 (3.9) 143.4
Net foreign exchange (losses) (21.3) 4.9 (18.9) 9.4
Other revenue (0.7) (0.1) (22.5) (7.0)
General and administrative expenses (22.5) (11.7) (50.4) (31.3)
Intangible asset amortization expenses (3.9) (3.9) (11.8) (11.8)
Interest expense on debt (8.1) (7.7) (23.8) (23.3)
Pre-tax income (loss) $ (80.5) $ (11.3) $ (212.6) $ 120.3
Underwriting Ratios        
Loss ratio 82.00% 93.20% 82.60% 76.70%
Acquisition expense ratio 22.40% 20.10% 20.10% 20.40%
Other underwriting expense ratio 11.10% 9.50% 9.80% 10.00%
Combined ratio 115.50% 122.80% 112.50% 107.10%
Goodwill and intangible assets $ 568.8 $ 584.2 $ 568.8 $ 584.2
Managing general underwriters        
Segment information        
General and administrative expenses, MGU plus Runoff & Other (11.9) (16.3) (40.0) (49.3)
Corporate Eliminations        
Segment information        
Insurance and reinsurance acquisition expenses 9.6 13.8 30.2 36.7
Technical (loss) profit 9.6 13.8 30.2 36.7
Unallocated LAE (4.7) (3.5) (14.8) (11.1)
Other underwriting expenses (4.7) (3.7) (14.4) (11.2)
Underwriting (loss) income 0.2 6.6 1.0 14.4
Service fee revenue (10.7) (14.6) (33.4) (39.3)
Corporate Eliminations | Managing general underwriters        
Segment information        
Unallocated LAE 5.8 4.3 18.0 13.7
Other underwriting expenses 4.7 3.7 14.4 11.2
Global Reinsurance        
Segment information        
Net written premiums 192.2 202.6 758.1 805.2
Global Reinsurance | Reportable segments        
Segment information        
Gross written premiums 248.2 256.3 927.0 1,008.4
Net written premiums 192.2 202.6 758.1 805.2
Net earned insurance and reinsurance premiums 243.5 249.5 719.4 705.7
Loss and allocated LAE (194.5) (261.7) (600.2) (558.0)
Insurance and reinsurance acquisition expenses (51.8) (54.3) (156.4) (149.9)
Technical (loss) profit (2.8) (66.5) (37.2) (2.2)
Unallocated LAE (7.7) (8.4) (17.9) (17.1)
Other underwriting expenses (25.3) (20.8) (67.1) (64.0)
Underwriting (loss) income (35.8) (95.7) (122.2) (83.3)
Underwriting (loss) income, including net service fee income $ (35.8) $ (95.7) $ (122.2) $ (83.3)
Underwriting Ratios        
Loss ratio 83.00% 108.30% 85.90% 81.50%
Acquisition expense ratio 21.30% 21.80% 21.70% 21.20%
Other underwriting expense ratio 10.40% 8.30% 9.30% 9.10%
Combined ratio 114.70% 138.40% 116.90% 111.80%
Global A&H        
Segment information        
Net written premiums $ 72.2 $ 104.6 $ 334.9 $ 360.1
Global A&H | Reportable segments        
Segment information        
Gross written premiums 88.8 137.4 434.6 459.5
Net written premiums 72.2 104.6 334.9 360.1
Net earned insurance and reinsurance premiums 114.3 115.1 345.4 330.0
Loss and allocated LAE (84.6) (63.6) (234.5) (198.6)
Insurance and reinsurance acquisition expenses (36.6) (32.5) (98.9) (95.1)
Technical (loss) profit (6.9) 19.0 12.0 36.3
Unallocated LAE (0.5) (2.0) (2.8) (5.5)
Other underwriting expenses (5.7) (6.8) (18.0) (18.8)
Underwriting (loss) income (13.1) 10.2 (8.8) 12.0
Service fee revenue 26.3 31.0 85.3 97.6
Underwriting (loss) income, including net service fee income $ (8.3) $ 18.1 $ 7.9 $ 38.4
Underwriting Ratios        
Loss ratio 74.50% 57.00% 68.70% 61.80%
Acquisition expense ratio 32.00% 28.20% 28.60% 28.80%
Other underwriting expense ratio 5.00% 5.90% 5.20% 5.70%
Combined ratio 111.50% 91.10% 102.50% 96.30%
Goodwill and intangible assets $ 560.7 $ 576.1 $ 560.7 $ 576.1
Global A&H | Reportable segments | Managing general underwriters        
Segment information        
Unallocated LAE (5.8) (4.3) (18.0) (13.7)
Other underwriting expenses (4.7) (3.7) (14.4) (11.2)
General and administrative expenses, MGU plus Runoff & Other (11.0) (15.1) $ (36.2) (46.3)
U.S. Specialty        
Segment information        
Number of core products | product     4  
Net written premiums 20.5 14.3 $ 59.5 42.0
U.S. Specialty | Reportable segments        
Segment information        
Gross written premiums 22.6 17.9 68.9 50.5
Net written premiums 20.5 14.3 59.5 42.0
Net earned insurance and reinsurance premiums 17.2 9.1 45.2 19.9
Loss and allocated LAE (11.1) (8.2) (29.2) (14.7)
Insurance and reinsurance acquisition expenses (4.0) (2.0) (10.4) (4.5)
Technical (loss) profit 2.1 (1.1) 5.6 0.7
Unallocated LAE (0.2) (0.1) (0.4) (0.2)
Other underwriting expenses (4.3) (2.7) (12.4) (7.6)
Underwriting (loss) income (2.4) (3.9) (7.2) (7.1)
Underwriting (loss) income, including net service fee income $ (2.4) $ (3.9) $ (7.2) $ (7.1)
Underwriting Ratios        
Loss ratio 65.70% 91.20% 65.50% 74.90%
Acquisition expense ratio 23.30% 22.00% 23.00% 22.60%
Other underwriting expense ratio 25.00% 29.70% 27.40% 38.20%
Combined ratio 114.00% 142.90% 115.90% 135.70%
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 $ (2.6) $ 0.8 $ 65.7 $ 1.5
Runoff & Other | Reportable segments        
Segment information        
Gross written premiums (3.6) 2.1 65.7 4.7
Net written premiums (2.6) 0.8 65.7 1.5
Net earned insurance and reinsurance premiums (2.4) 0.5 67.1 1.2
Loss and allocated LAE (1.1) (0.9) (61.2) (4.4)
Insurance and reinsurance acquisition expenses (0.8) (0.1) (0.9) (2.6)
Technical (loss) profit (4.3) (0.5) 5.0 (5.8)
Unallocated LAE (1.0) (0.2) (11.8) (0.9)
Other underwriting expenses (1.3) (1.4) (3.7) (4.6)
Underwriting (loss) income (6.6) (2.1) (10.5) (11.3)
Service fee revenue 0.9   0.9  
Underwriting (loss) income, including net service fee income (6.6) (3.3) (13.4) (14.3)
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 $ (0.9) $ (1.2) $ (3.8) $ (3.0)