XML 44 R31.htm IDEA: XBRL DOCUMENT v3.19.1
Segment Information (Tables)
3 Months Ended
Mar. 31, 2019
Segment Reporting [Abstract]  
Reconciliation of operating results by reportable segment
The following table presents the Company's operating results by reportable segment:
 
Three Months Ended March 31,
 
2019
 
2018
 
Property & Casualty
 
Other
 
Total
 
Property & Casualty
 
Other
 
Total
 
 
 
 
 
 
 
 
 
 
 
 
 
(Amounts in millions)
Net premiums earned
$
863.1

 
$
7.1

 
$
870.2

 
$
800.3

 
$
7.8

 
$
808.1

Less:
 
 
 
 
 
 
 
 
 
 
 
Losses and loss adjustment expenses
626.8

 
3.6

 
630.4

 
628.3

 
3.9

 
632.2

Underwriting expenses
212.5

 
3.4

 
215.9

 
202.6

 
3.8

 
206.4

Underwriting gain (loss)
23.8

 
0.1

 
23.9

 
(30.6
)
 
0.1

 
(30.5
)
Investment income
 
 
 
 
34.2

 
 
 
 
 
31.5

Net realized investment gains (losses)
 
 
 
 
111.1

 
 
 
 
 
(58.7
)
Other income
 
 
 
 
2.3

 
 
 
 
 
2.3

Interest expense
 
 
 
 
(4.3
)
 
 
 
 
 
(4.3
)
Pre-tax income (loss)
 
 
 
 
$
167.2

 
 
 
 
 
$
(59.7
)
Net income (loss)
 
 
 
 
$
135.9

 
 
 
 
 
$
(42.6
)

    

Schedule direct premiums attributable to segment
The following table presents the Company’s net premiums earned and direct premiums written by line of insurance business:
 
Three Months Ended March 31,
 
2019
 
2018
 
Property & Casualty
 
Other
 
Total
 
Property & Casualty
 
Other
 
Total
 
 
 
 
 
 
 
 
 
 
 
 
 
(Amounts in millions)
Private passenger automobile
$
672.6

 
$

 
$
672.6

 
$
627.0

 
$

 
$
627.0

Homeowners
119.3

 

 
119.3

 
107.8

 

 
107.8

Commercial automobile
49.6

 

 
49.6

 
44.9

 

 
44.9

Other
21.6

 
7.1

 
28.7

 
20.6

 
7.8

 
28.4

Net premiums earned
$
863.1

 
$
7.1

 
$
870.2

 
$
800.3

 
$
7.8

 
$
808.1

 
 
 
 
 
 
 
 
 
 
 
 
Private passenger automobile
$
705.3

 
$

 
$
705.3

 
$
674.0

 
$

 
$
674.0

Homeowners
130.9

 

 
130.9

 
115.3

 

 
115.3

Commercial automobile
54.4

 

 
54.4

 
49.7

 

 
49.7

Other
24.7

 
6.8

 
31.5

 
23.6

 
6.4

 
30.0

Direct premiums written
$
915.3

 
$
6.8

 
$
922.1

 
$
862.6

 
$
6.4

 
$
869.0