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Consolidated Statements of Income - USD ($)
shares in Millions, $ in Millions
12 Months Ended
Dec. 31, 2018
Dec. 31, 2017
Dec. 31, 2016
Revenues      
Premiums $ 4,254.4 $ 3,980.4 $ 3,789.5
Net investment income 267.4 243.9 231.6
Net realized and unrealized investment gains (losses):      
Net realized gains (losses) from sales and other (2.7) 26.7 37.6
Net change in fair value of equity securities (43.4)    
Net other–than–temporary impairment losses on investments recognized in earnings (4.6) (5.6) (27.4)
Total net realized and unrealized investment gains (losses) (50.7) 21.1 10.2
Fees and other income 23.2 22.5 22.6
Total revenues 4,494.3 4,267.9 4,053.9
Losses and expenses      
Losses and loss adjustment expenses 2,724.6 2,579.6 2,546.0
Amortization of deferred acquisition costs 891.8 840.7 803.6
Interest expense 45.1 45.2 51.4
Loss on repayment of debt 28.2   88.3
Other operating expenses 522.1 509.5 498.6
Total losses and expenses 4,211.8 3,975.0 3,987.9
Income from continuing operations before income taxes 282.5 292.9 66.0
Current 46.2 3.1 26.2
Deferred (2.7) 73.7 (27.2)
Total income tax expense (benefit) 43.5 76.8 (1.0)
Income from continuing operations 239.0 216.1 67.0
Discontinued operations:      
Net Income/gain (loss) from discontinued businesses, net of taxes 0.1 (16.8) (1.0)
Net income $ 391.0 $ 186.2 $ 155.1
Basic:      
Income from continuing operations $ 5.63 $ 5.08 $ 1.57
Net income per share $ 9.21 $ 4.38 $ 3.63
Weighted average shares outstanding 42.4 42.5 42.8
Diluted:      
Income from continuing operations $ 5.56 $ 5.03 $ 1.55
Net income per share $ 9.09 $ 4.33 $ 3.59
Weighted average shares outstanding 43.0 43.0 43.2
Chaucer [Member]      
Revenues      
Premiums $ 850.0 [1] $ 853.0 $ 838.6
Net investment income 54.9 [1] 52.0 45.7
Net realized and unrealized investment gains (losses):      
Total revenues 912.4 [1] 911.7 891.4
Losses and expenses      
Losses and loss adjustment expenses 515.5 [1] 549.5 419.3
Amortization of deferred acquisition costs 252.5 [1] 245.9 231.6
Interest expense 3.8 [1] 3.3 3.5
Other operating expenses 115.0 [1] 109.2 113.7
Total losses and expenses 883.0 [1] 904.6 764.6
Total income tax expense (benefit) 4.7 [1] 21.7 37.2
Discontinued operations:      
Gain from sale of Chaucer business, net of taxes 131.9    
Net Income/gain (loss) from discontinued businesses, net of taxes $ 20.0 [1] $ (13.1) $ 89.1
Basic:      
Gain from sale of business, net of taxes $ 3.11    
Net Income/gain (loss) from discontinued businesses, net of taxes 0.47 $ (0.30) $ 2.08
Diluted:      
Gain from sale of business, net of taxes 3.07    
Net Income/gain (loss) from discontinued businesses, net of taxes $ 0.46 $ (0.30) $ 2.06
Life [Member]      
Discontinued operations:      
Net Income/gain (loss) from discontinued businesses, net of taxes $ 0.1 $ (16.8) $ (1.0)
Basic:      
Net Income/gain (loss) from discontinued businesses, net of taxes   $ (0.40) $ (0.02)
Diluted:      
Net Income/gain (loss) from discontinued businesses, net of taxes   $ (0.40) $ (0.02)
[1] 2018 reflects the results of operations for the period in which THG owned Chaucer, which concluded with the sale of the Chaucer business on December 28, 2018.