Segment Information (Tables)

9 Months Ended

Sep. 30, 2022

The following tables present the Company's operating results by reportable segment:


	Three Months Ended September 30,
	2022						2021
	Property & Casualty		Other		Total		Property & Casualty		Other		Total

	(Amounts in millions)
Net premiums earned	$	989.7	$	7.2	$	996.9	$	933.6	$	7.3	$	940.9
Less:
Losses and loss adjustment expenses	783.8		3.7		787.5		694.2		3.7		697.9
Underwriting expenses	233.6		3.8		237.4		229.7		3.7		233.4
Underwriting (loss) gain	(27.7)		(0.3)		(28.0)		9.7		(0.1)		9.6
Investment income					44.6						32.3
Net realized investment losses					(144.2)						(43.5)
Other income					3.0						2.5
Interest expense					(4.3)						(4.3)
Pre-tax loss					$	(128.9)					$	(3.4)
Net (loss) income					$	(98.3)					$	1.3


	Nine Months Ended September 30,
	2022						2021
	Property & Casualty		Other		Total		Property & Casualty		Other		Total

	(Amounts in millions)
Net premiums earned	$	2,925.4	$	21.6	$	2,947.0	$	2,761.9	$	21.8	$	2,783.7
Less:
Losses and loss adjustment expenses	2,425.1		11.1		2,436.2		1,970.8		10.7		1,981.5
Underwriting expenses	687.3		8.5		695.8		675.1		10.4		685.5
Underwriting (loss) gain	(187.0)		2.0		(185.0)		116.0		0.7		116.7
Investment income					118.5						95.6
Net realized investment (losses) gains					(581.2)						57.0
Other income					7.1						7.9
Interest expense					(12.8)						(12.8)
Pre-tax (loss) income					$	(653.4)					$	264.4
Net (loss) income					$	(505.9)					$	217.5

The following tables present the Company’s net premiums earned and direct premiums written by reportable segment and line of insurance business:


	Three Months Ended September 30,
	2022						2021
	Property & Casualty		Other		Total		Property & Casualty		Other		Total

	(Amounts in millions)
Private passenger automobile	$	665.6	$	—	$	665.6	$	652.0	$	—	$	652.0
Homeowners	213.0		—		213.0		178.9		—		178.9
Commercial automobile	68.0		—		68.0		65.6		—		65.6
Other	43.1		7.2		50.3		37.1		7.3		44.4
Net premiums earned	$	989.7	$	7.2	$	996.9	$	933.6	$	7.3	$	940.9

Private passenger automobile	$	680.6	$	—	$	680.6	$	693.9	$	—	$	693.9
Homeowners	251.8		—		251.8		222.6		—		222.6
Commercial automobile	66.5		—		66.5		62.3		—		62.3
Other	50.2		8.0		58.2		46.0		7.3		53.3
Direct premiums written	$	1,049.1	$	8.0	$	1,057.1	$	1,024.8	$	7.3	$	1,032.1


	Nine Months Ended September 30,
	2022						2021
	Property & Casualty		Other		Total		Property & Casualty		Other		Total

	(Amounts in millions)
Private passenger automobile	$	1,990.9	$	—	$	1,990.9	$	1,956.6	$	—	$	1,956.6
Homeowners	610.9		—		610.9		509.1		—		509.1
Commercial automobile	198.6		—		198.6		192.8		—		192.8
Other	125.0		21.6		146.6		103.4		21.8		125.2
Net premiums earned	$	2,925.4	$	21.6	$	2,947.0	$	2,761.9	$	21.8	$	2,783.7

Private passenger automobile	$	2,015.6	$	—	$	2,015.6	$	2,006.4	$	—	$	2,006.4
Homeowners	713.9		—		713.9		600.7		—		600.7
Commercial automobile	207.9		—		207.9		197.4		—		197.4
Other	148.8		23.3		172.1		130.3		23.6		153.9
Direct premiums written	$	3,086.2	$	23.3	$	3,109.5	$	2,934.8	$	23.6	$	2,958.4