CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($) $ in Millions	6 Months Ended
	Jun. 30, 2015	Jun. 30, 2014
Cash flows from operations:
Net income	$ 80.4	$ 195.0
Charges (credits) to reconcile net income to net cash used for operations:
Net realized and unrealized investment gains	(42.3)	(177.7)
Deferred income tax expense	1.8	22.6
Net (loss) income from discontinued operations	(7.6)	(2.1)
Gain on sale of subsidiary - Hamer and Citation	(16.1)	(0.7)
Amortization and depreciation	45.0	32.5
Undistributed equity in earnings from unconsolidated affiliates, net of tax	(14.1)	(26.3)
Other operating items:
Net change in loss and loss adjustment expense reserves	(79.7)	(39.7)
Net change in reinsurance recoverable on paid and unpaid losses	36.0	2.2
Net change in unearned insurance and reinsurance premiums	170.4	191.0
Net change in variable annuity benefit guarantee liabilities	1.1	(21.0)
Net change in variable annuity benefit guarantee derivative instruments	20.6	(5.6)
Net change in deferred acquisition costs	(23.6)	(16.5)
Net change in funds held by ceding entities	(13.1)	17.3
Net change in ceded unearned premiums	(82.6)	(49.6)
Net change in funds held under reinsurance treaties	9.8	(3.2)
Net change in insurance and reinsurance premiums receivable	(177.8)	(195.6)
Net change in ceded reinsurance payable	91.9	80.0
Net change in restricted cash	2.8	28.3
Net change in other assets and liabilities, net	(45.9)	(42.6)
Net cash used for operations - continuing operations	(43.0)	(11.7)
Net cash provided from (used for) operations - discontinued operations	7.3	(30.7)
Net cash used for operations	(35.7)	(42.4)
Cash flows from investing activities:
Net change in short-term investments	(17.1)	50.3
Sales of fixed maturity and convertible fixed maturity investments	2,076.2	2,340.9
Maturities, calls and paydowns of fixed maturity and convertible fixed maturity investments	256.1	277.6
Sales of common equity securities	576.6	127.6
Distributions and redemptions of other long-term investments	56.1	26.9
Sales of consolidated and unconsolidated affiliates, net of cash sold	24.0	12.8
Net Cash Provided by (Used in) Discontinued Operations	7.3	(30.7)
Purchases of other long-term investments	(33.3)	(17.7)
Purchases of common equity securities	(541.2)	(124.0)
Purchases of fixed maturity and convertible fixed maturity investments	(2,469.7)	(2,531.6)
Purchases of consolidated and unconsolidated affiliates, net of cash acquired	(2.4)	(32.2)
Net change in unsettled investment purchases and sales	88.4	(57.8)
Net dispositions (acquisitions) of property and equipment	52.0	(3.9)
Net cash provided from investing activities - continuing operations	73.0	38.2
Net cash (used for) provided from investing activities - discontinued operations	(7.3)	30.7
Net cash provided from investing activities	65.7	68.9
Cash flows from financing activities:
Draw down of debt and revolving line of credit	19.5	0.0
Repayment of debt and revolving line of credit	(17.6)	(0.2)
Payments on capital lease obligation	(2.8)	(2.6)
Cash dividends paid to the Company’s common shareholders	(6.0)	(6.2)
Cash dividends paid to OneBeacon Ltd.’s non-controlling common shareholders	(9.9)	(9.9)
Payments of Dividends for Preference Shares to Minority Interest	(9.4)	(9.4)
Common shares repurchased	(17.1)	(25.7)
OneBeacon Ltd. common shares repurchased and retired	(1.6)	0.0
Proceeds from Partnership Contribution	0.0	2.5
Distribution to non-controlling interest shareholders	(1.0)	0.0
Proceeds from (Payments for) Other Financing Activities	0.0	(4.9)
Collateral provided by interest rate cap counterparties	(0.6)	(4.5)
Payments to Acquire Additional Interest in Subsidiaries	(9.1)	0.0
Capital contributions from BAM members	11.5	7.7
Net cash used for financing activities - continuing operations	(44.1)	(53.2)
Net cash (used for) provided from financing activities - discontinued operations	0.0	0.0
Net cash used for financing activities	(44.1)	(53.2)
Effect of exchange rate changes on cash	(2.1)	3.2
Net change in cash during the period	(16.2)	(23.5)
Cash balances at beginning of period	349.5	326.7
Cash balances at end of period	333.3	303.2
Supplemental cash flows information:
Interest paid	(21.8)	(19.1)
Net income tax (payment to) refund from national governments	$ (17.1)	$ 1.6