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CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Millions
 12 Months Ended
Dec. 31, 2019
Dec. 31, 2018
Dec. 31, 2017
Cash flows from operations:      
Net income (loss) $ 376.6 $ (191.4) $ 593.1
Charges (credits) to reconcile net income to net cash provided from (used for) operations:      
Net realized and unrealized investment (gains) losses (433.2) 108.3 (133.3)
Realized gain from the MediaAlpha Transaction (67.5) 0.0 0.0
Amortization of restricted share and option awards 10.5 13.0 14.8
Amortization and depreciation 29.8 25.7 22.4
Deferred income tax expense (benefit) 24.8 (8.4) (11.4)
Net income from discontinued operations 0.0 0.0 (20.5)
Net (gain) loss from sale of discontinued operations, net of tax (0.8) 17.2 (557.0)
Other operating items:      
Net change in unearned insurance premiums 35.8 39.2 54.5
Net change in deferred acquisition costs (3.1) (4.2) (4.2)
Net change in restricted cash 6.3 (3.4) 0.0
Investments in asset management firms - Kudu (118.4) 0.0 0.0
Net change in other assets and liabilities, net 18.7 (27.1) (20.8)
Net cash used for continuing operations (120.5) (31.1) (62.4)
Net cash provided from discontinued operations (See Note 20) 0.0 0.0 157.0
Net cash (used for) provided from operations (120.5) (31.1) 94.6
Cash flows from investing activities:      
Net change in short-term investments 21.9 (39.0) (1.7)
Sales of fixed maturity and convertible investments 334.3 1,848.5 2,124.4
Maturities, calls and paydowns of fixed maturity and convertible investments 119.3 141.0 213.4
Sales of common equity securities 467.2 169.9 424.1
Distributions and redemptions of other long-term investments 29.4 5.0 29.4
Sales of unconsolidated affiliates and consolidated subsidiaries, net of cash sold 0.0 0.0 1,131.0
Purchases of other long-term investments (177.7) (95.9) (84.1)
Net settlement of investment cash flows and contributions with discontinued operations 0.0 0.0 167.7
Purchases of common equity securities (29.8) (328.3) (881.2)
Purchases of fixed maturity and convertible investments (539.2) (970.2) (2,365.2)
Purchases of consolidated subsidiaries, net of cash acquired of $12.8, $90.9, and $0.0 and including restricted cash of $0.0, $53.4, $0.0 (258.0) (295.2) (27.6)
Other investing activities, net (27.3) 23.4 (14.7)
Net cash (used for) provided from investing activities — continuing operations (59.9) 459.2 715.5
Net cash provided from investing activities — discontinued operations (See Note 20) 0.0 0.0 3.0
Net cash (used for) provided from investing activities (59.9) 459.2 718.5
Cash flows from financing activities:      
Draw down of debt and revolving line of credit 206.4 84.1 376.0
Repayment of debt and revolving line of credit (22.9) (15.4) (365.0)
Cash dividends paid to the Company’s common shareholders (3.2) (3.8) (4.6)
Acquisitions of additional shares from non-controlling interest 0.0 (1.7) (0.7)
Distributions from discontinued operations 0.0 0.0 45.2
Common shares repurchased 0.0 (511.9) (714.6)
Repurchase of shares from non-controlling interest shareholders (21.1) 0.0 0.0
Proceeds from issuance of shares to non-controlling interest shareholders 62.7 0.0 0.0
Capital contributions from non-controlling interest shareholders 1.9 1.3 0.5
Distributions to non-controlling interest shareholders (28.1) (6.0) (2.0)
Payments to contingent considerations related to purchases of consolidated subsidiaries (7.6) (2.6) 0.0
Capital contributions from BAM members 54.6 53.8 37.4
Fidus Re premium payment (3.0) (3.7) 0.0
Other financing activities, net (9.2) (8.4) (9.3)
Net cash provided from (used for) financing activities — continuing operations 230.5 (414.3) (637.1)
Net cash used for financing activities — discontinued operations (See Note 20) 0.0 0.0 (61.9)
Net cash provided from (used for) financing activities 230.5 (414.3) (699.0)
Effect of exchange rate changes on cash 0.6 (0.6) 0.0
Net change in cash during the period - continuing operations 50.7 13.2 16.0
Cash balance at beginning of year 110.3 97.1 80.2
Add: cash held for sale at the beginning of period 0.0 0.0 0.9
Less: cash held for sale at the end of period   0.0 0.0
Cash balance at end of year $ 161.0 $ 110.3 $ 97.1