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Discontinued Operations Chaucer Business (Tables) - Chaucer [Member]
3 Months Ended
Mar. 31, 2019
Summary of Discontinued Chaucer Business

The following table summarizes the results of Chaucer’s operations for the three months ended March 31, 2018:

 

 

 

Three Months Ended

 

 

 

March 31,

 

(in millions)

 

2018

 

Revenues

 

 

 

 

Net premiums earned

 

$

221.1

 

Net investment income

 

 

16.4

 

Other income

 

 

1.9

 

 

 

 

239.4

 

Losses and operating expenses

 

 

 

 

Losses and LAE

 

 

115.0

 

Amortization of deferred acquisition costs

 

 

69.3

 

Other expenses

 

 

32.2

 

 

 

 

216.5

 

Income from Chaucer business before income taxes and other items

   (previously presented as Chaucer's operating income)

 

 

22.9

 

Other items:

 

 

 

 

Interest expense

 

 

(1.1

)

Net realized and unrealized investment losses

 

 

(0.5

)

Other income

 

 

0.2

 

Income from Chaucer business before income taxes

 

 

21.5

 

Income tax expense

 

 

(4.2

)

Income from Chaucer business, net of income taxes

 

$

17.3

 

Summary of Cash Flows Associated with the Discontinued Chaucer Business

The following table details the cash flows associated with the Chaucer business for the three months ended March 31, 2018:

 

 

 

Three Months Ended

 

 

 

March 31,

 

(in millions)

 

2018

 

Net cash used in operating activities

 

$

(5.9

)

Net cash provided by investing activities

 

$

47.7