Segment Information (Tables)

3 Months Ended

Mar. 31, 2019

Segment Reporting [Abstract]

Financial Information with Respect to Business Segments

Summarized below is financial information with respect to the Company’s business segments.

	Three Months Ended
	March 31,
(in millions)	2019			2018
Operating revenues:
Commercial Lines	$	698.7		$	676.6
Personal Lines		465.2			434.9
Other		7.4			2.9
Total		1,171.3			1,114.4
Net realized and unrealized investment gains (losses)		48.2			(22.9	)
Total revenues	$	1,219.5		$	1,091.5
Operating income (loss) before interest expense and income taxes:
Commercial Lines:
Underwriting income	$	36.7		$	16.3
Net investment income		44.3			45.3
Other expense		(0.8	)		(0.2	)
Commercial Lines operating income		80.2			61.4
Personal Lines:
Underwriting income		5.7			14.6
Net investment income		19.7			18.4
Other income		1.4			1.3
Personal Lines operating income		26.8			34.3
Other:
Underwriting loss		(0.3	)		(1.0	)
Net investment income		6.2			2.3
Other expense		(3.1	)		(3.7	)
Other operating income (loss)		2.8			(2.4	)
Operating income before interest expense and income taxes		109.8			93.3
Interest on debt		(9.4	)		(11.3	)
Operating income before income taxes		100.4			82.0
Non-operating income items:
Net realized and unrealized investment gains (losses)		48.2			(22.9	)
Income from continuing operations before income taxes	$	148.6		$	59.1

Identifiable Assets by Business Segment

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

	March 31, 2019		December 31, 2018
(in millions)	Identifiable Assets
U.S. Companies	$	11,856.2	$	12,238.4
Assets held-for-sale(1)		23.6		57.4
Assets of discontinued operations		103.6		103.9
Total	$	11,983.4	$	12,399.7

(1) See also Note 3 – “Discontinued Operations – Chaucer Business”.