Segment Information (Tables)

9 Months Ended

Sep. 30, 2012

Financial Information with Respect to Business Segments

Summarized below is financial information with respect to business segments:

	Three Months Ended September 30,								Nine Months Ended September 30,
(in millions)	2012				2011				2012				2011
Segment revenues:
Commercial Lines		$	498.9			$	449.4			$	1,461.9			$	1,336.6
Personal Lines			391.6				389.9				1,168.8				1,164.8
Chaucer			259.2				257.5				762.7				257.5
Other Property and Casualty			4.6				4.2				13.3				15.6
Total			1,154.3				1,101.0				3,406.7				2,774.5
Intersegment revenues			(1.6	)			(1.2	)			(4.7	)			(3.7	)
Total segment revenues			1,152.7				1,099.8				3,402.0				2,770.8
Net realized investment gains			5.0				8.2				4.7				24.9
Total revenues		$	1,157.7			$	1,108.0			$	3,406.7			$	2,795.7
Segment income (loss) before income taxes:
Commercial Lines:
GAAP underwriting loss		$	(27.8	)		$	(57.1	)		$	(75.0	)		$	(133.2	)
Net investment income			35.6				34.0				106.3				101.6
Other income			0.3				0.6				1.3				2.0
Commercial Lines segment income (loss)			8.1				(22.5	)			32.6				(29.6	)
Personal Lines:
GAAP underwriting loss			(8.4	)			(29.1	)			(14.6	)			(69.7	)
Net investment income			21.6				22.7				64.5				68.5
Other income			1.5				1.4				4.6				3.7
Personal Lines segment income (loss)			14.7				(5.0	)			54.5				2.5
Chaucer:
GAAP underwriting income			30.7				12.1				64.6				12.1
Net investment income			10.2				8.6				29.8				8.6
Other income (expenses)			1.1				(0.8	)			2.9				(0.8	)
Chaucer segment income			42.0				19.9				97.3				19.9
Other Property and Casualty:
GAAP underwriting income (loss)			(1.1	)			-				(2.3	)			0.1
Net investment income			1.7				2.5				5.7				10.5
Other net expenses			(2.5	)			(3.1	)			(8.2	)			(9.1	)
Other Property and Casualty segment income (loss)			(1.9	)			(0.6	)			(4.8	)			1.5
Total			62.9				(8.2	)			179.6				(5.7	)
Interest expense			(14.6	)			(17.4	)			(46.7	)			(38.6	)
Segment income (loss) before income taxes			48.3				(25.6	)			132.9				(44.3	)
Adjustments to segment income (loss):
Net realized investment gains			5.0				8.2				4.7				24.9
Net loss from retirement of debt			-				(0.1	)			-				(2.3	)
Net costs related to acquired businesses			0.2				(1.9	)			(2.2	)			(15.7	)
Loss on derivative instruments			-				(6.6	)			-				(11.3	)
Net foreign exchange gains (losses)			(0.3	)			6.7				(0.3	)			6.7
Income (loss) before income taxes		$	53.2			$	(19.3	)		$	135.1			$	(42.0	)

Business Segments And Discontinued Operations Related To Identifiable Assets

The following table provides identifiable assets for the Company’s business segments and discontinued operations:

(in millions)	September 30, 2012			December 31, 2011
U.S. Companies		$	8,799.6		$	8,471.6
Chaucer			4,400.7			4,005.8
Discontinued operations			129.8			121.2
Total		$	13,330.1		$	12,598.6