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Unaudited Quarterly Financial Information
12 Months Ended
Dec. 31, 2012
Quarterly Financial Information Disclosure [Abstract]  
Unaudited Quarterly Financial Information

21. Unaudited Quarterly Financial Information

 

   2012 2011
(in millions of U.S. dollars, Fourth Third Second First Fourth Third Second First
except per share amounts) Quarter  Quarter Quarter Quarter Quarter Quarter Quarter Quarter
                                  
Net premiums written $920.3 $1,043.2 $1,136.0 $1,473.3 $879.9 $1,079.6 $1,056.5 $1,470.4 
Net premiums earned   1,168.1   1,237.1   1,090.9   989.8   1,181.4   1,294.3   1,107.5   1,064.6 
Net investment income   135.7   135.3   153.5   146.9   155.5   163.7   158.3   151.6 
Net realized and unrealized                                 
 investment gains (losses)  5.1   257.4   38.1   192.7   74.6   26.1   78.2   (112.2) 
Other income   3.8   2.7   2.6   2.8   3.1   1.4   1.6   1.8 
                                  
Total revenues   1,312.7   1,632.5   1,285.1   1,332.2   1,414.6   1,485.5   1,345.6   1,105.8 
Losses and loss expenses                                 
 and life policy benefits   800.9   721.1   706.1   576.5   1,069.2   881.7   814.5   1,607.2 
Acquisition costs   245.5   247.1   232.7   211.6   238.8   262.5   229.2   207.9 
Other operating expenses   112.3   94.7   106.2   98.2   113.0   103.8   113.7   104.3 
Interest expense   12.2   12.2   12.2   12.2   12.3   12.2   12.2   12.3 
Amortization of intangible assets   5.1   8.9   8.9   8.9   8.9   9.5   9.2   8.8 
Net foreign exchange losses (gains)  3.4   2.0   (7.7)   2.6   (14.7)   (10.6)   (8.7)   (0.7) 
                                  
Total expenses   1,179.4   1,086.0   1,058.4   910.0   1,427.5   1,259.1   1,170.1   1,939.8 
Income (loss) before taxes and interest in                                
 earnings (losses) of equity investments  133.3   546.5   226.7   422.2   (12.9)   226.4   175.5   (834.0) 
Income tax expense (benefit)  22.8   64.1   50.1   67.2   3.3   41.8   50.1   (26.3) 
Interest in earnings (losses) of equity                                
  investments   1.0   4.3   (0.5)   5.1   (1.4)   (4.5)   (1.2)   0.7 
                                  
Net income (loss)  111.5   486.7   176.1   360.1   (17.6)   180.1   124.2   (807.0) 
Preferred dividends   15.4   15.4   15.4   15.4   15.4   14.4   8.6   8.6 
                                  
Net income (loss) available to common                                 
 shareholders $96.1 $471.3 $160.7 $344.7 $(33.0) $165.7 $115.6 $(815.6) 
Basic net income (loss) per common share $1.58 $7.62 $2.52 $5.27 $(0.49) $2.45 $1.71 $(11.99) 
Diluted net income (loss) per common share  1.56   7.53   2.50   5.24   (0.49)   2.43   1.69   (11.99) 
Dividends declared per common share   0.62   0.62   0.62   0.62   0.60   0.60   0.60   0.55