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UNAUDITED CONDENSED CONSOLIDATED BALANCE SHEETS (Parenthetical) - USD ($)
$ in Millions
3 Months Ended 12 Months Ended
Mar. 31, 2019
Dec. 31, 2018
Fixed income securities, available for sale, amortized cost $ 5,016.5 $ 5,282.3
Fixed income securities, trading at fair value, amortized cost 1,273.1 1,205.0
Equity securities, trading at fair value, cost 0.0 0.0
Catastrophe bonds, trading at fair value, cost 39.5 37.9
Cash and cash equivalents, within consolidated VIEs $ 21.2 $ 26.9
Ordinary shares, par value (in usd per share) $ 0.01 [1] $ 0.0015144558
Ordinary shares, issued (in shares) 60,395,839 59,743,156
Common stock issued (in shares)   59,474,085
Preference shares, par value (in usd per share) $ 0.0015144558 $ 0.0015144558
5.95% preference shares    
Preference shares, issued (in shares) 11,000,000 11,000,000
Preference shares, rate 5.95% 5.95%
Preference shares, par value (in usd per share) $ 0.0015144558 $ 0.0015144558
5.625% preference shares    
Preference shares, issued (in shares) 10,000,000 10,000,000
Preference shares, rate 5.625% 5.625%
Preference shares, par value (in usd per share) $ 0.0015144558 $ 0.0015144558
Short-term Investments    
Short term investments, available for sale at fair value $ 160.7 $ 105.6
Short term investments, trading at fair value    
Short term investments, trading at fair value $ 81.0 $ 9.5
[1] On February 15, 2019, the Company completed its previously announced merger (the “Merger”) with Highlands Merger Sub, Ltd. (“Merger Sub”), a wholly owned subsidiary of Highlands Holdings, Ltd. (“Parent”). As a result of the Merger, a change in control of the Company occurred and the Company is now a wholly owned subsidiary of Parent. At the effective time of the Merger, each of the Company’s issued and outstanding ordinary shares (other than ordinary shares owned by the Company as treasury shares, owned by any subsidiary of the Company or owned by Parent, Merger Sub or any subsidiary thereof) was automatically canceled and converted into the right to receive $42.75 in cash, without interest and less any required tax withholdings. The ordinary shares of the Company ceased trading on the New York Stock Exchange prior to the opening of trading on February 15, 2019. Therefore, earnings per share data is no longer considered meaningful for both the current reporting period and for the comparative period and has been excluded. For more information on the Merger, refer to Note 1 of these unaudited condensed consolidated financial statements.