CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($) $ in Millions	6 Months Ended
	Jun. 30, 2024	Jun. 30, 2023
Cash flows from operations:
Net income (loss)	$ 180.6	$ 204.4
Adjustments to reconcile net income to net cash provided from (used for) operations:
Net realized and unrealized investment (gains) losses from investment in MediaAlpha	(166.6)	(209.5)
Deferred income tax expense (benefit)	(0.4)	(4.5)
Amortization of restricted share awards	7.5	7.2
Amortization (accretion) and depreciation	(4.8)	(5.0)
Change in fair value of contingent consideration	13.3	(0.2)
Other operating items:
Net change in reinsurance recoverables	(421.8)	(74.4)
Net change in insurance premiums, commissions and fees receivable	(605.8)	(532.9)
Net change in deferred acquisition costs	(101.6)	(106.3)
Net change in loss and loss adjustment expense reserves	296.2	124.5
Net change in unearned insurance premiums	816.0	758.7
Net change in reinsurance payable	286.2	(4.1)
Net change in premiums and commissions payable	29.6	0.0
Contributions to Kudu’s Participation Contracts	(0.2)	(81.6)
Proceeds from Kudu’s Participation Contracts sold	9.4	74.6
Net other operating activities	(84.2)	5.8
Net cash provided from (used for) operations	253.3	156.7
Cash flows from investing activities:
Net change in short-term investments	317.3	(42.6)
Sales of fixed maturity investments	262.2	90.5
Maturities, calls and paydowns of fixed maturity investments	228.3	146.3
Sales of common equity securities and investment in MediaAlpha	162.4	119.2
Distributions and redemptions of other long-term investments	116.1	18.7
Proceeds from the sale of Other Operating Businesses, net of cash sold of $0.0 and $0.8	0.0	17.3
Purchases of consolidated subsidiaries, net of cash acquired of $44.9 and $0.0	(231.8)	0.0
Purchases of fixed maturity investments	(732.6)	(240.5)
Purchases of common equity securities and investment in MediaAlpha	(121.1)	(104.2)
Purchases of other long-term investments	(109.9)	(215.9)
Net other investing activities	14.9	(11.6)
Net cash provided from (used for) investing activities	(94.2)	(222.8)
Cash flows from financing activities:
Draw down of debt and revolving lines of credit	0.0	12.0
Repayment of debt and revolving lines of credit	(34.1)	(23.1)
Cash dividends paid to common shareholders	(2.5)	(2.6)
Repurchases and retirements of common shares	(8.1)	(32.7)
BAM member surplus contributions	26.0	26.5
Net contributions from (distributions to) other noncontrolling interests	(10.1)	(7.5)
Fidus Re premium payments	(6.9)	(6.9)
Net other financing activities	9.4	(0.1)
Net cash provided from (used for) financing activities	(26.3)	(34.4)
Net change in cash during the period	132.8	(100.5)
Cash balances at beginning of period (includes restricted cash balances of $0.7 and $12.2)	122.4	255.0
Cash balances at end of period (includes restricted cash balances of $64.1 and $13.4)	255.2	154.5
Supplemental cash flows information:
Interest paid	(31.4)	(11.6)
Net income tax payments	(14.4)	(27.8)
Investments, Excluding MediaAlpha and Bamboo
Adjustments to reconcile net income to net cash provided from (used for) operations:
Net realized and unrealized investment (gains) losses from investment in MediaAlpha	(95.2)	(201.6)
MediaAlpha
Adjustments to reconcile net income to net cash provided from (used for) operations:
Net realized and unrealized investment (gains) losses from investment in MediaAlpha	$ (71.5)	$ (7.9)