XML 15 R2.htm IDEA: XBRL DOCUMENT v3.22.4
Consolidated Statements of Income - USD ($)
shares in Millions, $ in Millions
12 Months Ended
Dec. 31, 2022
Dec. 31, 2021
Dec. 31, 2020
Revenues      
Premiums $ 5,252.3 $ 4,770.2 $ 4,527.4
Net investment income 296.3 310.7 265.1
Net realized and unrealized investment gains (losses):      
Net realized gains (losses) from sales and other (26.5) 4.6 17.9
Net change in fair value of equity securities (63.3) 119.1 13.4
Recoveries (Impairments) on Investments [Abstract]      
Credit-related recoveries (impairments) (1.9) 0.3 (9.8)
Losses on intent to sell securities (14.8) (1.0) (16.5)
Recoveries (impairments) on investments (16.7) (0.7) (26.3)
Total net realized and unrealized investment gains (losses) (106.5) 123.0 5.0
Fees and other income 26.5 23.9 27.3
Total revenues 5,468.6 5,227.8 4,824.8
Losses and expenses      
Losses and loss adjustment expenses 3,623.4 3,134.2 2,845.2
Amortization of deferred acquisition costs 1,093.2 982.7 951.0
Interest expense 34.1 34.0 37.1
Loss on repayment of debt     6.2
Other operating expenses 573.9 555.6 540.5
Total losses and expenses 5,324.6 4,706.5 4,380.0
Income from continuing operations before income taxes 144.0 521.3 444.8
Income tax expense (benefit):      
Current 73.7 77.5 105.9
Deferred (46.5) 23.8 (23.1)
Total income tax expense 27.2 101.3 82.8
Income from continuing operations 116.8 420.0 362.0
Discontinued operations:      
Net income $ 116.0 $ 418.7 $ 358.7
Basic:      
Income from continuing operations $ 3.28 $ 11.70 $ 9.61
Net income per share $ 3.26 $ 11.67 $ 9.52
Weighted average shares outstanding 35.6 35.9 37.7
Diluted:      
Income from continuing operations $ 3.23 $ 11.52 $ 9.50
Net income per share $ 3.21 $ 11.49 $ 9.42
Weighted average shares outstanding 36.1 36.4 38.1
Chaucer [Member]      
Discontinued operations:      
Income (loss) from discontinued businesses, net of taxes   $ 1.2 $ 0.4
Basic:      
Income from Chaucer business, net of taxes   $ 0.03 $ 0.01
Diluted:      
Income (loss) from discontinued businesses, net of taxes   $ 0.03 $ 0.01
Life [Member]      
Discontinued operations:      
Income (loss) from discontinued businesses, net of taxes $ (0.8) $ (2.5) $ (3.7)
Basic:      
Income from Chaucer business, net of taxes $ (0.02) $ (0.06) $ (0.09)
Diluted:      
Income (loss) from discontinued businesses, net of taxes $ (0.02) $ (0.06) $ (0.10)