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Consolidated Statements of Income - USD ($)
shares in Millions, $ in Millions
3 Months Ended 6 Months Ended
Jun. 30, 2018
Jun. 30, 2017
Jun. 30, 2018
Jun. 30, 2017
Revenues        
Premiums $ 1,272.9 $ 1,181.2 $ 2,536.5 $ 2,362.5
Net investment income 78.7 72.3 161.6 143.4
Net realized and unrealized investment gains (losses):        
Net realized gains (losses) from sales and other (0.4) 7.7 (0.1) 11.0
Net change in fair value of equity securities 6.0   (17.0)  
Net other–than–temporary impairment losses on investments recognized in earnings (1.9) (1.8) (2.6) (3.2)
Total net realized and unrealized investment gains (losses) 3.7 5.9 (19.7) 7.8
Fees and other income 7.5 6.7 15.3 13.3
Total revenues 1,362.8 1,266.1 2,693.7 2,527.0
Losses and expenses        
Losses and loss adjustment expenses 783.6 725.0 1,569.4 1,491.5
Amortization of deferred acquisition costs 288.9 264.6 576.9 531.0
Interest expense 11.6 12.2 24.0 24.2
Other operating expenses 158.8 153.3 322.9 310.3
Total losses and expenses 1,242.9 1,155.1 2,493.2 2,357.0
Income before income taxes 119.9 111.0 200.5 170.0
Income tax expense (benefit):        
Current 17.3 4.9 37.5 38.8
Deferred 3.4 27.7 (4.0) 7.6
Total income tax expense 20.7 32.6 33.5 46.4
Income from continuing operations 99.2 78.4 167.0 123.6
Net gain from discontinued operations (net of tax benefit of $0.1 for the six months ended June 30, 2018) 0.1      
Net income $ 99.3 $ 78.4 $ 167.0 $ 123.6
Basic:        
Income from continuing operations $ 2.33 $ 1.85 $ 3.93 $ 2.91
Net gain from discontinued operations 0.01      
Net income per share $ 2.34 $ 1.85 $ 3.93 $ 2.91
Weighted average shares outstanding 42.5 42.5 42.5 42.5
Diluted:        
Income from continuing operations $ 2.30 $ 1.83 $ 3.88 $ 2.88
Net gain from discontinued operations 0.01      
Net income per share $ 2.31 $ 1.83 $ 3.88 $ 2.88
Weighted average shares outstanding 43.1 42.8 43.1 42.9