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Earnings Per Share (Tables) | 9 Months Ended
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Sep. 30, 2024
Earnings Per Share [Abstract] |
Schedule of Earnings Per Share, Basic and Diluted | The following table presents the computation of basic and diluted earnings/(loss) per ordinary share for the twelve months ended December 31, 2023, 2022 and 2021.
| Twelve Months Ended December 31,
| 2023 |  | 2022 |  | 2021
| ($ in millions, except share and share amounts)
Net income | $ | 534.7 |  |  | $ | 51.1 |  |  | $ | 29.8 |
Less: Preference share dividends | (49.9) |  |  | (44.6) |  |  | (44.5) |
Net income/(loss) available to ordinary shareholders | $ | 484.8 |  |  | $ | 6.5 |  |  | $ | (14.7) |
Basic and diluted weighted average ordinary shares outstanding | 60,395,839 |  |  | 60,395,839 |  |  | 60,395,839 |
Basic and diluted earnings/(loss) per ordinary share | $ | 8.03 |  |  | $ | 0.11 |  |  | $ | (0.24) |
The following table presents the computation of basic and diluted earnings per ordinary share for the three and nine months ended September 30, 2024 and 2023.
| Three Months Ended September 30, |  | Nine Months Ended September 30,
| 2024 |  | 2023 |  | 2024 |  | 2023
| ($ in millions, except share and per share amounts)
Net income | $ | 56.7 |  |  | $ | 86.3 |  |  | $ | 237.5 |  |  | $ | 305.2 |
Less: Preference share dividends | (13.8) |  |  | (13.8) |  |  | (41.1) |  |  | (36.0) |
Net income available to ordinary shareholders | $ | 42.9 |  |  | $ | 72.5 |  |  | $ | 196.4 |  |  | $ | 269.2 |
Basic and diluted weighted average ordinary shares outstanding | 60,395,839 |  |  | 60,395,839 |  |  | 60,395,839 |  |  | 60,395,839 |
Basic and diluted earnings per ordinary share | $ | 0.71 |  |  | $ | 1.20 |  |  | $ | 3.25 |  |  | $ | 4.46 |

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- Definition Tabular disclosure of an entity's basic and diluted earnings per share calculations, including a reconciliation of numerators and denominators of the basic and diluted per-share computations for income from continuing operations. + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 260 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 1 -Subparagraph (a) -Publisher FASB -URI https://asc.fasb.org//1943274/2147482662/260-10-50-1 + Details
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