XML 15 R4.htm IDEA: XBRL DOCUMENT v3.24.0.1
Consolidated Balance Sheets - USD ($)
$ in Millions
Dec. 31, 2023
Dec. 31, 2022
Assets    
Fixed maturities, at fair value (amortized cost of $8,573.9 and $8,294.5) $ 7,985.3 $ 7,481.8
Equity securities, at fair value 130.9 241.9
Other investments 796.9 786.1
Total investments 8,913.1 8,509.8
Cash and cash equivalents 316.1 305.0
Accrued investment income 58.2 54.5
Premiums and accounts receivable, net 1,705.6 1,601.4
Reinsurance recoverable on paid and unpaid losses and unearned premiums 2,056.1 1,964.5
Deferred acquisition costs 620.8 604.8
Deferred income tax asset 173.3 199.2
Goodwill 178.8 178.8
Other assets 504.0 493.0
Assets of discontinued businesses 86.6 84.1
Total assets 14,612.6 13,995.1
Liabilities    
Loss and loss adjustment expense reserves 7,308.1 7,012.6
Unearned premiums 3,102.5 2,954.2
Expenses and taxes payable 775.9 731.7
Reinsurance premiums payable 64.3 70.3
Debt 783.2 782.4
Liabilities of discontinued businesses 113.0 110.2
Total liabilities 12,147.0 11,661.4
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 1,939.2 1,913.1
Accumulated other comprehensive loss (517.2) (701.5)
Retained earnings 2,909.4 2,992.9
Treasury stock at cost (24.7 and 24.9 million shares) (1,866.4) (1,871.4)
Total shareholders’ equity 2,465.6 2,333.7
Total liabilities and shareholders’ equity $ 14,612.6 $ 13,995.1