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Consolidated Statements of Cash Flows - USD ($)
$ in Millions
 9 Months Ended
Sep. 30, 2024
Sep. 30, 2023
Cash Flows From Operating Activities    
Net income (loss) $ 258.1 $ (72.6)
Adjustments to reconcile net income (loss) to net cash provided by operating activities:    
Net realized and unrealized investment losses 41.7 31.6
Net amortization and depreciation 2.1 5.5
Stock-based compensation expense 23.5 23.9
Amortization of defined benefit plan costs 5.1 5.9
Deferred income tax benefit (14.3) (21.5)
Change in deferred acquisition costs (42.1) (26.6)
Change in premiums receivable, net of reinsurance premiums payable (189.2) (176.6)
Change in loss, loss adjustment expense and unearned premium reserves 353.8 550.5
Change in reinsurance recoverable 95.2 (27.7)
Change in expenses and taxes payable (13.7) (9.6)
Other, net 72.7 (13.8)
Net cash provided by operating activities 592.9 269.0
Cash Flows From Investing Activities    
Proceeds from disposals and maturities of fixed maturities 1,750.3 503.4
Proceeds from disposals of equity securities and other investments 61.3 121.5
Purchase of fixed maturities (2,137.1) (744.0)
Purchase of equity securities and other investments (58.1) (57.6)
Capital expenditures (7.2) (9.7)
Net cash used in investing activities (390.8) (186.4)
Cash Flows From Financing Activities    
Proceeds from exercise of employee stock options 11.5 4.3
Dividends paid to shareholders (91.7) (86.9)
Other financing activities (10.5) (10.5)
Net cash used in financing activities (90.7) (93.1)
Net change in cash and cash equivalents 111.4 (10.5)
Net change in cash related to discontinued operations (0.4)  
Cash and cash equivalents, beginning of period 316.1 305.0
Cash and cash equivalents, end of period $ 427.1 $ 294.5