XML 85 R73.htm IDEA: XBRL DOCUMENT v3.7.0.1
Segment Information (Details) - USD ($)
$ in Millions
 3 Months Ended 6 Months Ended
Jun. 30, 2017
Jun. 30, 2016
Jun. 30, 2017
Jun. 30, 2016
Segment reporting information        
Earned insurance premiums $ 2.2 $ 3.3 $ 5.2 $ 6.8
Net investment income 14.7 6.1 27.5 8.6
Net investment income (loss) - surplus note interest 0.0 0.0 0.0 0.0
Net realized and unrealized investment gains 33.7 3.4 70.0 16.3
Advertising and commission revenues 33.2 29.2 71.7 63.0
Other revenue 1.6 7.2 4.5 13.3
Total revenues 85.4 49.2 178.9 108.0
Loss and loss adjustment expenses 0.0 2.3 1.1 4.6
Insurance acquisition expenses 0.9 1.4 2.2 3.1
Other underwriting expenses 0.1 0.1 0.2 0.2
General and administrative expenses 57.5 45.2 117.9 99.9
Interest expense 0.5 0.9 0.9 2.1
Total expenses 85.8 74.3 177.9 162.8
Pre-tax income (loss) (0.4) (25.1) 1.0 (54.8)
HG Global        
Segment reporting information        
Earned insurance premiums 1.7 1.0 3.2 1.9
Net investment income 0.8 0.5 1.4 1.0
Net investment income (loss) - surplus note interest 4.7 4.4 9.5 8.9
Net realized and unrealized investment gains 0.0 0.5 0.3 2.6
Advertising and commission revenues 0.0 0.0 0.0 0.0
Other revenue 0.0 0.0 0.0 0.0
Total revenues 7.2 6.4 14.4 14.4
Pre-tax income (loss) 6.7 5.9 13.3 13.2
BAM        
Segment reporting information        
Earned insurance premiums 0.5 0.4 1.0 0.7
Net investment income 2.2 1.8 4.2 3.4
Net investment income (loss) - surplus note interest (4.7) (4.4) (9.5) (8.9)
Net realized and unrealized investment gains 1.1 3.2 2.1 8.1
Advertising and commission revenues 0.0 0.0 0.0 0.0
Other revenue 0.2 0.3 0.6 0.4
Total revenues (0.7) 1.3 (1.6) 3.7
Pre-tax income (loss) (11.5) (9.0) (23.7) (16.6)
MediaAlpha        
Segment reporting information        
Earned insurance premiums 0.0 0.0 0.0 0.0
Net investment income 0.0 0.0 0.0 0.0
Net investment income (loss) - surplus note interest 0.0 0.0 0.0 0.0
Net realized and unrealized investment gains 0.0 0.0 0.0 0.0
Advertising and commission revenues 30.8 28.1 63.3 60.8
Other revenue 0.0 0.0 0.0 0.0
Total revenues 30.8 28.1 63.3 60.8
Pre-tax income (loss) (1.8) (0.7) (2.8) (1.3)
Other Operations        
Segment reporting information        
Earned insurance premiums 0.0 1.9 1.0 4.2
Net investment income 11.7 3.8 21.9 4.2
Net investment income (loss) - surplus note interest 0.0 0.0 0.0 0.0
Net realized and unrealized investment gains 32.6 (0.3) 67.6 5.6
Advertising and commission revenues 2.4 1.1 8.4 2.2
Other revenue 1.4 6.9 3.9 12.9
Total revenues 48.1 13.4 102.8 29.1
Pre-tax income (loss) 6.2 (21.3) 14.2 (50.1)
Segment Reconciling Items        
Segment reporting information        
Loss and loss adjustment expenses   2.3 1.1 4.6
Insurance acquisition expenses 0.9 1.4 2.2 3.1
Other underwriting expenses 0.1 0.1 0.2 0.2
Cost of sales 26.8 24.4 55.6 52.9
General and administrative expenses 57.5 45.2 117.9 99.9
Interest expense 0.5 0.9 0.9 2.1
Total expenses 85.8 74.3 177.9 162.8
Segment Reconciling Items | HG Global        
Segment reporting information        
Loss and loss adjustment expenses   0.0 0.0 0.0
Insurance acquisition expenses 0.3 0.2 0.6 0.4
Other underwriting expenses 0.0 0.0 0.0 0.0
Cost of sales 0.0 0.0 0.0 0.0
General and administrative expenses 0.2 0.3 0.5 0.8
Interest expense 0.0 0.0 0.0 0.0
Total expenses 0.5 0.5 1.1 1.2
Segment Reconciling Items | BAM        
Segment reporting information        
Loss and loss adjustment expenses   0.0 0.0 0.0
Insurance acquisition expenses 0.6 0.6 1.5 1.3
Other underwriting expenses 0.1 0.1 0.2 0.2
Cost of sales 0.0 0.0 0.0 0.0
General and administrative expenses 10.1 9.6 20.4 18.8
Interest expense 0.0 0.0 0.0 0.0
Total expenses 10.8 10.3 22.1 20.3
Segment Reconciling Items | MediaAlpha        
Segment reporting information        
Loss and loss adjustment expenses     0.0 0.0
Insurance acquisition expenses 0.0 0.0 0.0 0.0
Other underwriting expenses 0.0 0.0 0.0 0.0
Cost of sales 26.1 23.3 53.8 51.0
General and administrative expenses 6.2 5.3 11.8 10.6
Interest expense 0.3 0.2 0.5 0.5
Total expenses 32.6 28.8 66.1 62.1
Segment Reconciling Items | Other Operations        
Segment reporting information        
Loss and loss adjustment expenses   2.3 1.1 4.6
Insurance acquisition expenses 0.0 0.6 0.1 1.4
Other underwriting expenses 0.0 0.0 0.0 0.0
Cost of sales 0.7 1.1 1.8 1.9
General and administrative expenses 41.0 30.0 85.2 69.7
Interest expense 0.2 0.7 0.4 1.6
Total expenses $ 41.9 $ 34.7 $ 88.6 $ 79.2