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Consolidated Balance Sheets - USD ($)
$ in Millions
Mar. 31, 2022
Dec. 31, 2021
Assets    
Fixed maturities, at fair value (amortized cost of $7,644.8 and $7,514.8) $ 7,382.2 $ 7,723.9
Equity securities, at fair value 607.0 661.3
Other investments 786.1 767.4
Total investments 8,775.3 9,152.6
Cash and cash equivalents 272.0 230.9
Accrued investment income 47.9 49.8
Premiums and accounts receivable, net 1,483.1 1,469.5
Reinsurance recoverable on paid and unpaid losses and unearned premiums 1,940.3 1,907.3
Deferred acquisition costs 552.8 552.0
Deferred income tax asset 43.4  
Goodwill 178.8 178.8
Other assets 449.0 606.3
Assets of discontinued businesses 104.6 107.1
Total assets 13,847.2 14,254.3
Liabilities    
Loss and loss adjustment expense reserves 6,512.2 6,447.6
Unearned premiums 2,760.4 2,734.9
Expenses and taxes payable 769.7 907.7
Deferred income tax liability   60.8
Reinsurance premiums payable 70.1 55.1
Debt 781.8 781.6
Liabilities of discontinued businesses 120.2 121.7
Total liabilities 11,014.4 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 1,887.8 1,887.2
Accumulated other comprehensive income (loss) (256.6) 122.2
Retained earnings 3,061.0 2,983.2
Treasury stock at cost (24.9 million and 25.0 million shares) (1,860.0) (1,848.3)
Total shareholders’ equity 2,832.8 3,144.9
Total liabilities and shareholders’ equity $ 13,847.2 $ 14,254.3