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CONSOLIDATED STATEMENTS OF CASH FLOWS (USD $)
In Millions, unless otherwise specified
12 Months Ended
Dec. 31, 2011
Dec. 31, 2010
Dec. 31, 2009
Cash flows from operations:      
Net income $ 809.4 $ 139.5 $ 579.5
Charges (credits) to reconcile net income to net cash (used for) provided from operations:      
Net realized and unrealized investment (gains) losses (122.8) (82.6) (361.7)
Excess of fair value of acquired net assets over cost (7.2) (12.8)  
Deferred income tax (benefit) expense (80.6) 58.0 170.0
Undistributed equity in earnings from unconsolidated affiliates, after-tax 20.2 (9.9) (24.3)
Net loss from discontinued operations 13.0 6.6 27.8
Net loss on sale of discontinued operation - AutoOne 19.2    
Net gain on sale of discontinued operation - Esurance (677.5)    
Other operating items:      
Net change in loss and loss adjustment expense reserves 35.2 (466.0) (731.4)
Net change in reinsurance recoverable on paid and unpaid losses (134.0) 361.8 306.2
Net change in unearned insurance and reinsurance premiums (48.6) (161.3) (132.2)
Net change in ceded reinsurance premiums payable (85.9) 120.1 (20.2)
Net change in ceded unearned insurance and reinsurance premiums 94.2 (89.8) 13.3
Net change in insurance and reinsurance premiums receivable 42.4 131.9 71.4
Net change in variable annuity benefit guarantee liabilities 158.3 229.5 (86.4)
Net change in deferred acquisition costs (14.5) 57.9 25.4
Net change in funds held by ceding companies 11.6 53.7 62.9
Net change in funds held under reinsurance treaties (42.3) (85.1) 10.3
Net change in other assets and liabilities, net (96.5) (238.6) 27.5
Net cash (used for) provided from operations - continuing operations (106.4) 12.9 (61.9)
Net cash (used for) provided from operations - discontinued operations (8.1) 43.1 15.2
Net cash (used for) provided from operations (114.5) 56.0 (46.7)
Cash flows from investing activities:      
Net change in short-term investments 174.5 475.6 218.4
Sales of fixed maturity and convertible fixed maturity investments 3,481.9 2,447.8 2,121.9
Maturities, calls and paydowns of fixed maturity and convertible fixed maturity investments 1,163.6 1,744.1 1,206.9
Sales of common equity securities 237.8 167.5 300.8
Distributions and redemptions of other long-term investments 150.7 133.2 118.9
Sales of consolidated and unconsolidated affiliates, net of cash sold 1,010.6 188.3  
Contributions to other long-term investments (65.8) (111.1) (25.2)
Distributions from (contributions to) discontinued operations 28.7 (32.1) (123.1)
Purchases of common equity securities (297.8) (273.6) (190.1)
Purchases of fixed maturity and convertible fixed maturity investments (5,200.6) (4,217.7) (3,296.5)
Purchases of consolidated and unconsolidated affiliates, net of cash acquired (3.2) (4.9)  
Net change in unsettled investment purchases and sales 47.0 1.6 52.1
Net acquisitions of property and equipment (5.5) (5.8) (7.6)
Net cash provided from investing activities - continuing operations 721.9 512.9 376.5
Net cash provided from (used for) investing activities - discontinued operations 77.7 (27.6) (11.4)
Net cash provided from investing activities 799.6 485.3 365.1
Cash flows from financing activities:      
Repayment of debt   (14.0) (242.8)
Repurchase of debt (161.6) (197.3) (63.1)
Settlement of interest rate swap associated with Mortgage Note     (7.5)
Capital lease obligation 23.1    
Cash dividends paid to the Company's common shareholders (8.0) (8.8) (8.9)
Cash dividends paid to OneBeacon Ltd.'s noncontrolling common shareholders (42.8) (75.9) (19.6)
Cash dividends paid on SIG Preference Shares (18.8) (18.8) (18.8)
Common shares repurchased (253.0) (225.6) (0.4)
OneBeacon Ltd. common shares repurchased and retired   (10.5)  
Proceeds from issuances of common shares 0.9 0.7 0.9
Net cash used for financing activities - continuing operations (460.2) (550.2) (360.2)
Net cash provided from financing activities - discontinued operations 0    
Net cash used for financing activities (460.2) (550.2) (360.2)
Effect of exchange rate changes on cash (1.5) 8.1 6.8
Net increase (decrease) in cash during year 223.4 (0.8) (35.0)
Net decrease in cash from discontinued operations (69.6) (15.5) (3.8)
Cash reclassified to assets held for sale (5.5)    
Cash balance at beginning of year (excludes restricted cash balances of $286.7, $217.1 and $225.7 and AutoOne cash of $4.7, $3.9 and $3.5) 103.6 119.9 158.7
Cash balance at end of year (excludes restricted cash balances of $453.5, $286.7and $217.1 and AutoOne cash of $0, $4.7 and $3.9) $ 251.9 $ 103.6 $ 119.9