XML 12 R4.htm IDEA: XBRL DOCUMENT v3.25.2
Consolidated Balance Sheets - USD ($)
$ in Millions
Jun. 30, 2025
Dec. 31, 2024
Assets    
Fixed maturities, at fair value (amortized cost of $9,377.9 and $9,051.5) $ 9,078.9 $ 8,542.2
Equity securities, at fair value 172.0 157.7
Other investments 690.4 709.9
Total investments 9,941.3 9,409.8
Cash and cash equivalents 244.1 435.5
Accrued investment income 75.5 69.8
Premiums and accounts receivable, net 1,894.6 1,800.8
Reinsurance recoverable on paid and unpaid losses and unearned premiums 1,978.8 1,994.5
Deferred acquisition costs 674.5 662.8
Deferred income tax asset 130.9 174.2
Goodwill 178.8 178.8
Other assets 526.8 462.6
Assets of discontinued businesses 86.8 85.7
Total assets 15,732.1 15,274.5
Liabilities    
Loss and loss adjustment expense reserves 7,636.2 7,461.2
Unearned premiums 3,335.2 3,283.3
Expenses and taxes payable 601.5 757.8
Reinsurance premiums payable 49.8 37.7
Short-term debt 436.8 61.8
Long-term debt 347.8 722.3
Liabilities of discontinued businesses 108.5 108.6
Total liabilities 12,515.8 12,432.7
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 1,993.9 1,973.6
Accumulated other comprehensive loss (287.2) (456.3)
Retained earnings 3,431.2 3,209.6
Treasury stock at cost (24.6 million shares) (1,922.2) (1,885.7)
Total shareholders’ equity 3,216.3 2,841.8
Total liabilities and shareholders’ equity $ 15,732.1 $ 15,274.5