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UNAUDITED CONDENSED CONSOLIDATED STATEMENTS OF CHANGES IN SHAREHOLDERS' EQUITY - USD ($)
$ in Millions
Total
Ordinary shares
Preference shares
7.401% preference shares
7.250% preference shares
Non-controlling interest
Additional paid-in capital
Additional paid-in capital
Ordinary shares
Additional paid-in capital
Preference shares
Retained earnings
Retained earnings
Ordinary shares
Retained earnings
Preference shares
Cumulative foreign currency translation adjustments, net of taxes:
Loss on derivatives, net of taxes:
Unrealized appreciation on investments, net of taxes:
Shareholder's equity, beginning balance at Dec. 31, 2016   $ 0.1 $ 0.0     $ 1.4 $ 1,259.6     $ 2,392.3     $ (27.1) $ (0.5) $ 22.5
Increase (Decrease) in Stockholders' Equity [Roll Forward]                              
Net change attributable to non-controlling interest for the period $ (0.8)         0.8       (0.8)          
New ordinary shares issued               $ 0.4              
Ordinary shares repurchased and cancelled (30.0)             (30.0)              
Preference shares redeemed and cancelled                 $ (293.2)            
Preference shares redemption costs 8.0               (8.0) [1]            
Share-based compensation [2]             7.0                
Net income/(loss) for the period (81.5)                 (81.5)          
Dividends on ordinary shares                     $ (42.0)        
Dividends on preference shares (28.7)                     $ (28.7)      
Change for the period, net of income tax                         (36.8)   13.8
Shareholder's equity, ending balance at Sep. 30, 2017 3,162.9 0.1 0.0     2.2 951.8     2,234.1     (63.9) 2.3 36.3
Shareholder's equity, beginning balance at Dec. 31, 2016   0.1 0.0     1.4 1,259.6     2,392.3     (27.1) (0.5) 22.5
Increase (Decrease) in Stockholders' Equity [Roll Forward]                              
Preference shares redemption costs [1]                       8.0      
Shareholder's equity, ending balance at Dec. 31, 2017 2,928.5 0.1 0.0     2.7 954.7     2,026.9     (67.7) 2.1 9.7
Increase (Decrease) in Stockholders' Equity [Roll Forward]                              
Net change from current period hedged transactions                           2.8  
Total accumulated other comprehensive (loss), net of taxes (25.3)                            
Cumulative effect of new accounting principle in period of adoption | Accounting Standards Update 2016-09 [3]                   2.8          
Total accumulated other comprehensive (loss), net of taxes (55.9)                            
Cumulative effect of new accounting principle in period of adoption | Accounting Standards Update 2016-09             7.9     2.8          
Net change attributable to non-controlling interest for the period (0.2)         0.2       (0.2)          
New ordinary shares issued               2.6              
Ordinary shares repurchased and cancelled               $ 0.0              
Preference shares redeemed and cancelled                 0.0            
Preference shares redemption costs 0.0               $ 0.0 [1]     0.0 [1]      
Share-based compensation [2]             8.7                
Net income/(loss) for the period 1.0                 1.0          
Dividends on ordinary shares                     $ (42.9)        
Dividends on preference shares (22.8)                     $ (22.8)      
Change for the period, net of income tax                         21.2   (118.7)
Shareholder's equity, ending balance at Sep. 30, 2018 2,775.8 $ 0.1 $ 0.0     $ 2.9 $ 966.0     1,962.0     $ (46.5) 0.3 $ (109.0)
Increase (Decrease) in Stockholders' Equity [Roll Forward]                              
Preferred Stock, Dividend Rate, Percentage       7.401% 7.25%                    
Net change from current period hedged transactions                           $ (1.8)  
Total accumulated other comprehensive (loss), net of taxes $ (155.2)                            
Cumulative effect of new accounting principle in period of adoption | Accounting Standards Update 2016-09 [3]                   $ 0.0          
[1] The $8.0 million deduction from net income in 2017 is attributable to the reclassification from additional paid-in capital to retained earnings representing the difference between the capital raised upon issuance of the 7.401% and 7.250% Perpetual Non-Cumulative Preference Shares, net of issuance costs, and the final redemption costs of $293.2 million.
[2] The balance in 2017 includes $7.9 million reclassification from accrued expenses and other payable as a result of the classification of restricted share units as equity following the adoption of ASU 2016-09.
[3] The $2.8 million relates to the cumulative effect-adjustment to opening retained earnings as a result of the classification of restricted share units as equity following the adoption of ASU 2016-09. The adjustment has been applied using a modified retrospective approach.