XML 72 R31.htm IDEA: XBRL DOCUMENT v3.20.1
Segment Information (Tables)
3 Months Ended
Mar. 31, 2020
Segment Reporting [Abstract]  
Reconciliation of operating results by reportable segment
The following table presents the Company's operating results by reportable segment:
 
Three Months Ended March 31,
 
2020
 
2019
 
Property & Casualty
 
Other
 
Total
 
Property & Casualty
 
Other
 
Total
 
 
 
 
 
 
 
 
 
 
 
 
 
(Amounts in millions)
Net premiums earned
$
915.4

 
$
7.2

 
$
922.6

 
$
863.1

 
$
7.1

 
$
870.2

Less:
 
 
 
 
 
 
 
 
 
 
 
Losses and loss adjustment expenses
648.2

 
3.5

 
651.7

 
626.8

 
3.6

 
630.4

Underwriting expenses
229.4

 
3.7

 
233.1

 
212.5

 
3.4

 
215.9

Underwriting gain
37.8

 

 
37.8

 
23.8

 
0.1

 
23.9

Investment income
 
 
 
 
34.5

 
 
 
 
 
34.2

Net realized investment (losses) gains
 
 
 
 
(251.3
)
 
 
 
 
 
111.1

Other income
 
 
 
 
2.6

 
 
 
 
 
2.3

Interest expense
 
 
 
 
(4.3
)
 
 
 
 
 
(4.3
)
Pre-tax (loss) income
 
 
 
 
$
(180.7
)
 
 
 
 
 
$
167.2

Net (loss) income
 
 
 
 
$
(139.2
)
 
 
 
 
 
$
135.9


    






Schedule direct premiums attributable to segment
The following table presents the Company’s net premiums earned and direct premiums written by reportable segment and line of insurance business:
 
Three Months Ended March 31,
 
2020
 
2019
 
Property & Casualty
 
Other
 
Total
 
Property & Casualty
 
Other
 
Total
 
 
 
 
 
 
 
 
 
 
 
 
 
(Amounts in millions)
Private passenger automobile
$
693.9

 
$

 
$
693.9

 
$
672.6

 
$

 
$
672.6

Homeowners
139.5

 

 
139.5

 
119.3

 

 
119.3

Commercial automobile
55.2

 

 
55.2

 
49.6

 

 
49.6

Other
26.8

 
7.2

 
34.0

 
21.6

 
7.1

 
28.7

Net premiums earned
$
915.4

 
$
7.2

 
$
922.6

 
$
863.1

 
$
7.1

 
$
870.2

 
 
 
 
 
 
 
 
 
 
 
 
Private passenger automobile
$
710.4

 
$

 
$
710.4

 
$
705.3

 
$

 
$
705.3

Homeowners
147.5

 

 
147.5

 
130.9

 

 
130.9

Commercial automobile
61.7

 

 
61.7

 
54.4

 

 
54.4

Other
30.1

 
8.2

 
38.3

 
24.7

 
6.8

 
31.5

Direct premiums written
$
949.7

 
$
8.2

 
$
957.9

 
$
915.3

 
$
6.8

 
$
922.1