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Schedule II - Condensed Financial Information of Registrant Statements of Cash Flows (Details) - USD ($)
$ in Millions
 12 Months Ended
Dec. 31, 2017
Dec. 31, 2016
Dec. 31, 2015
Cash flows from/(used in) operating activities:      
Share-based compensation $ 9.8 $ 15.5 $ 17.9
Net cash (used in)/generated by operating activities (111.5) 453.2 574.2
Cash flows (used in)/from investing activities:      
Proceeds/(purchases) of short term investments 96.0 190.6 45.6
Repayment of loan notes issued by Silverton (115.6) (89.3) (67.8)
Payments for acquisitions and investments, net of cash acquired (64.9) (3.3)  
Other equity investments (2.4) (3.3) (0.8)
Net cash from/(used in) investing activities 419.0 (350.9) (501.9)
Cash flows (used in)/from financing activities:      
Proceeds from the issuance of ordinary shares, net of issuance costs 0.5 2.5 6.8
Proceeds from the issuance of preference shares, net of issuance costs 0.0 241.3 0.0
Preference share redemption (293.2) 0.0 0.0
Ordinary share repurchase (30.0) (75.0) (83.7)
Proceeds from long term debt 0.0 105.0 100.0
Cash paid for withholdings purposes [1] 9.6 0.0 0.0
Net cash (used in)/from financing activities (540.4) 90.0 (133.5)
Increase/(decrease) in cash and cash equivalents (219.0) 174.3 (79.0)
Cash and cash equivalents at beginning of period 1,273.8 1,099.5 1,178.5
Cash and cash equivalents at end of period 1,054.8 1,273.8 1,099.5
Parent      
Cash flows from/(used in) operating activities:      
Net income (1) (excluding equity in net earnings of subsidiaries) 323.0 289.3 256.4
Share-based compensation 9.8 15.5 17.9
Realized and unrealized losses/(gains) (2.0) (3.2) (4.3)
Loss on derivative contracts (2.6) 0.5 1.2
Increase (Decrease) in Accounts and Other Receivables 0.0 0.0 0.0
Change in other assets (0.2) 0.4 (9.0)
Change in accrued expenses and other payables 7.0 (9.3) (36.8)
Change in intercompany activities (27.5) (40.7) 71.9
Net cash (used in)/generated by operating activities 307.5 252.5 297.3
Cash flows (used in)/from investing activities:      
Proceeds/(purchases) of short term investments (25.1) 0.1 25.0
Payments to Acquire Marketable Securities 66.3 (145.7) 0.0
Investment in subsidiaries (111.9) (126.1) (171.5)
Investment in long-term debt issued by Silverton 0.0 (25.0) (25.0)
Repayment of loan notes issued by Silverton 13.5 19.2 20.5
Other equity investments 0.0 0.0 0.0
Net cash from/(used in) investing activities (7.1) (281.0) (201.8)
Cash flows (used in)/from financing activities:      
Proceeds from the issuance of ordinary shares, net of issuance costs 0.5 2.5 6.8
Proceeds from the issuance of preference shares, net of issuance costs 0.0 241.3 0.0
Preference share redemption (293.2) 0.0 0.0
Ordinary share repurchase (30.0) (75.0) (83.7)
Ordinary and preference share dividends paid (92.4) (94.5) (88.7)
Proceeds from maturity of Eurobond 0.0 0.0 573.8
Eurobond purchased from subsidiary 0.0 0.0 (480.0)
Cash paid for withholdings purposes 9.6 0.0 0.0
Net cash (used in)/from financing activities (424.7) 74.3 (71.8)
Increase/(decrease) in cash and cash equivalents (124.3) 45.8 23.7
Cash and cash equivalents at beginning of period 156.3 110.5  
Cash and cash equivalents at end of period 32.0 156.3 110.5
MVI | Parent      
Cash flows (used in)/from investing activities:      
Payments for acquisitions and investments, net of cash acquired (0.1) 0.0 (0.8)
Bene | Parent      
Cash flows (used in)/from investing activities:      
Payments for acquisitions and investments, net of cash acquired $ 0.0 $ (3.3) $ 0.0
[1] The cash paid to the tax authority when withholding shares from employees' awards for tax-withholding purposes has been reclassified from operating activity to financing activity following the adoption of ASU 2016-09 -“Compensation — Stock Compensation”.