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Investment Securities (Details 4) (USD $)
In Millions
Jun. 30, 2011
Dec. 31, 2010
Investment securities    
Cost or amortized cost $ 5,513.3 $ 5,755.9
Gross unrealized gains 113.7 133.6
Gross unrealized losses (14.1) (44.2)
Net foreign currency gains (losses) (54.0) (59.2)
Fixed maturity investments, at fair value 5,558.9 5,786.1
Carrying value, common equity securities 703.8 667.0
Carrying value, convertible fixed securities 119.7 143.0
Carrying value, other long-term investments 333.3 372.1
U.S. Government and agency obligations
   
Investment securities    
Cost or amortized cost 290.6 385.9
Gross unrealized gains 6.1 13.6
Gross unrealized losses   (0.8)
Net foreign currency gains (losses) (0.5)  
Fixed maturity investments, at fair value 296.2 398.7
Debt securities issued by corporations
   
Investment securities    
Cost or amortized cost 2,001.9 2,149.2
Gross unrealized gains 76.4 87.9
Gross unrealized losses (8.9) (21.1)
Net foreign currency gains (losses) (36.6) (37.9)
Fixed maturity investments, at fair value 2,032.8 2,178.1
Municipal obligations
   
Investment securities    
Cost or amortized cost 3.3 3.3
Gross unrealized gains   0.1
Gross unrealized losses   (0.1)
Fixed maturity investments, at fair value 3.3 3.3
Mortgage-backed and asset-backed securities
   
Investment securities    
Cost or amortized cost 2,306.9 2,082.0
Gross unrealized gains 21.1 18.2
Gross unrealized losses (4.8) (15.6)
Net foreign currency gains (losses) (15.2) (12.9)
Fixed maturity investments, at fair value 2,308.0 2,071.7
Foreign government, agency and provincial obligations
   
Investment securities    
Cost or amortized cost 829.6 1,053.6
Gross unrealized gains 3.8 7.7
Gross unrealized losses (0.4) (6.6)
Net foreign currency gains (losses) (1.5) (8.3)
Fixed maturity investments, at fair value 831.5 1,046.4
Non-cumulative perpetual preference shares
   
Investment securities    
Cost or amortized cost 81.0 81.9
Gross unrealized gains 6.3 6.1
Net foreign currency gains (losses) (0.2) (0.1)
Fixed maturity investments, at fair value 87.1 87.9
Common shareholders' equity
   
Investment securities    
Cost or amortized cost 593.0 561.2
Gross unrealized gains 115.7 105.5
Gross unrealized losses (5.8) (1.5)
Net foreign currency gains (losses) 0.9 1.8
Carrying value, common equity securities 703.8 667.0
Convertible fixed maturity investments
   
Investment securities    
Cost or amortized cost 111.7 126.9
Gross unrealized gains 9.7 16.2
Gross unrealized losses (1.7) (0.1)
Carrying value, convertible fixed securities 119.7 143.0
Other long-term investments
   
Investment securities    
Cost or amortized cost 301.9 329.5
Gross unrealized gains 55.8 62.4
Gross unrealized losses (13.7) (13.0)
Net foreign currency gains (losses) (10.7) (6.8)
Carrying value, other long-term investments $ 333.3 $ 372.1