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Investment Securities (Details) (USD $)
In Millions, unless otherwise specified
12 Months Ended
Dec. 31, 2011
Dec. 31, 2010
Dec. 31, 2009
Investment income      
Total investment income $ 195.4 $ 217.8 $ 258.6
Third-party investment expenses (10.9) (8.9) (8.5)
Net investment income 184.5 208.9 250.1
Fixed maturity investments.
     
Investment income      
Total investment income 166.2 194.7 243.3
Short-term investments
     
Investment income      
Total investment income 4.5 3.0 5.5
Common shareholders' equity.
     
Investment income      
Total investment income 15.4 10.2 4.9
Convertible fixed maturities
     
Investment income      
Total investment income 5.5 5.6 8.0
Other long-term investments
     
Investment income      
Total investment income 4.2 6.0 4.2
Interest on funds held under reinsurance treaties
     
Investment income      
Total investment income $ (0.4) $ (1.7) $ (7.3)