XML 91 R37.htm IDEA: XBRL DOCUMENT v3.20.1
Segment Information (Tables)
3 Months Ended
Mar. 31, 2020
Segment Reporting [Abstract]  
Revenue and Income (Loss) Before Income Taxes for Each Segment
Revenue and (loss) income before income taxes for each segment were as follows:
   For the Three Months Ended
March 31,
(in millions) 20202019
Revenue:  
Earned premiums  
U.S. Operations  $302.5  $273.8  
International Operations  132.3  146.7  
Run-off Lines  0.2  —  
Total earned premiums  435.0  420.5  
Net investment income  
U.S. Operations  25.2  23.1  
International Operations  8.6  9.1  
Run-off Lines  1.2  1.4  
Corporate and Other  0.5  0.3  
Total net investment income  35.5  33.9  
Fee and other income  2.1  2.3  
Net realized investment (losses) gains  (36.1) 52.5  
Total revenue  $436.5  $509.2  

For the Three Months Ended
March 31,
(in millions)20202019
Income (loss) before income taxes
U.S. Operations$36.9  $42.9  
International Operations(12.3) 16.2  
Run-off Lines0.5  0.6  
Total segment income before taxes 25.1  59.7  
Corporate and Other(10.3) (10.9) 
Net realized investment and other (losses) gains (36.1) 52.5  
Foreign currency exchange gains (loss)3.0  (0.7) 
Other corporate expenses (3.3) (0.5) 
Total (loss) income before income taxes$(21.6) $100.1  
Schedule of Earned Premiums by Geographic Location
The table below presents earned premiums by geographic location for the three months ended March 31, 2020 and 2019. For this disclosure, we determine geographic location by the country of domicile of our subsidiaries that underwrite the business and not by the location of insureds or reinsureds from whom the business was generated.
For the Three Months Ended
March 31,
(in millions) 20202019
United States  $299.7  $272.6  
United Kingdom  86.7  97.1  
Bermuda  21.2  16.6  
Malta  11.8  20.8  
All other jurisdictions  15.6  13.4  
Total earned premiums  $435.0  $420.5  
Identifiable Assets
The following table represents identifiable assets:
(in millions)March 31, 2020December 31, 2019
U.S. Operations  $5,656.8  $5,009.0  
International Operations  3,991.3  5,002.4  
Run-off Lines  336.6  356.9  
Corporate and Other  216.6  146.2  
Total  $10,201.3  $10,514.5