XML 12 R2.htm IDEA: XBRL DOCUMENT v3.22.2.2
Consolidated Statements of Income - USD ($)
shares in Millions, $ in Millions
3 Months Ended 9 Months Ended
Sep. 30, 2022
Sep. 30, 2021
Sep. 30, 2022
Sep. 30, 2021
Revenues        
Premiums $ 1,331.2 $ 1,186.0 $ 3,888.8 $ 3,527.6
Net investment income 73.0 78.8 220.4 231.2
Net realized and unrealized investment gains (losses):        
Net realized gains (losses) from sales and other (0.1) 3.6 (16.3) 6.8
Net change in fair value of equity securities (29.1) 0.3 (106.1) 65.9
Recoveries (Impairments) on Investments:        
Credit-related recoveries (impairments) (1.4) 0.7 (1.5) 0.6
Losses on intent to sell securities (14.3) (0.6) (14.8) (0.7)
Recoveries (impairments) on investments (15.7) 0.1 (16.3) (0.1)
Total net realized and unrealized investment gains (losses) (44.9) 4.0 (138.7) 72.6
Fees and other income 7.0 6.1 19.4 17.9
Total revenues 1,366.3 1,274.9 3,989.9 3,849.3
Losses and expenses        
Losses and loss adjustment expenses 939.6 844.0 2,572.6 2,370.4
Amortization of deferred acquisition costs 277.1 244.0 809.3 728.5
Interest expense 8.5 8.5 25.5 25.5
Other operating expenses 140.6 135.9 423.8 408.4
Total losses and expenses 1,365.8 1,232.4 3,831.2 3,532.8
Income from continuing operations before income taxes 0.5 42.5 158.7 316.5
Income tax expense (benefit):        
Current 12.9 9.9 72.5 47.1
Deferred (13.0) (2.2) (42.5) 12.2
Total income tax expense (benefit) (0.1) 7.7 30.0 59.3
Income from continuing operations 0.6 34.8 128.7 257.2
Discontinued operations (net of taxes):        
Net income $ 0.2 $ 34.0 $ 127.6 $ 255.2
Basic:        
Income from continuing operations $ 0.02 $ 0.98 $ 3.62 $ 7.14
Net income per share $ 0.01 $ 0.95 $ 3.59 $ 7.09
Weighted average shares outstanding 35.6 35.7 35.6 36.0
Diluted:        
Income from continuing operations $ 0.02 $ 0.96 $ 3.56 $ 7.04
Net income per share $ 0.01 $ 0.94 $ 3.53 $ 6.98
Weighted average shares outstanding 36.1 36.3 36.1 36.6
Life [Member]        
Discontinued operations (net of taxes):        
Loss from discontinued life businesses $ (0.4) $ (0.8) $ (1.1) $ (2.0)
Basic:        
Loss from discontinued operations $ (0.01) $ (0.03) $ (0.03) $ (0.05)
Diluted:        
Income (Loss) from discontinued operations $ (0.01) $ (0.02) $ (0.03) $ (0.06)