XML 17 R4.htm IDEA: XBRL DOCUMENT v3.22.4
Consolidated Balance Sheets - USD ($)
$ in Millions
Dec. 31, 2022
Dec. 31, 2021
Assets    
Fixed maturities, at fair value (amortized cost of $8,294.5 and $7,514.8) $ 7,481.8 $ 7,723.9
Equity securities, at fair value 241.9 661.3
Other investments 786.1 767.4
Total investments 8,509.8 9,152.6
Cash and cash equivalents 305.0 230.9
Accrued investment income 54.5 49.8
Premiums and accounts receivable, net 1,601.4 1,469.5
Reinsurance recoverable on paid and unpaid losses and unearned premiums 1,964.5 1,907.3
Deferred acquisition costs 604.8 552.0
Deferred income tax asset 199.2  
Goodwill 178.8 178.8
Other assets 493.0 606.3
Assets of discontinued businesses 86.2 107.1
Total assets 13,997.2 14,254.3
Liabilities    
Loss and loss adjustment expense reserves 7,012.6 6,447.6
Unearned premiums 2,954.2 2,734.9
Expenses and taxes payable 731.7 907.7
Deferred income tax liability   60.8
Reinsurance premiums payable 70.3 55.1
Debt 782.4 781.6
Liabilities of discontinued businesses 120.4 121.7
Total liabilities 11,671.6 11,109.4
Commitments and contingencies
Shareholders’ Equity    
Preferred stock, par value $0.01 per share; 20.0 million shares authorized; none issued
Common stock, par value $0.01 per share; 300.0 million shares authorized; 60.5 million shares issued 0.6 0.6
Additional paid-in capital 1,913.1 1,887.2
Accumulated other comprehensive income (loss) (705.5) 122.2
Retained earnings 2,988.8 2,983.2
Treasury stock at cost (24.9 and 25.0 million shares) (1,871.4) (1,848.3)
Total shareholders’ equity 2,325.6 3,144.9
Total liabilities and shareholders’ equity $ 13,997.2 $ 14,254.3