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CONSOLIDATED STATEMENTS OF CHANGES IN EQUITY - USD ($)
$ in Millions
Total
Additional paid-in capital
Treasury shares
Own shares held by ESOP
Retained earnings
Accumulated other comprehensive loss
Ordinary shares
Ordinary shares
Common stock
 [1]
Deferred shares
Deferred shares
Common stock
 [2]
Beginning balance at Dec. 31, 2015 $ 183.8 $ 60.3 $ (1.3) $ (0.2) $ 76.0 $ (127.2)   $ 25.3   $ 150.9
Beginning balance (in shares) at Dec. 31, 2015     (100,000) 0            
Net income 17.8       17.8          
Other comprehensive income (loss), net of tax (31.8)         (31.8)        
Dividends declared and paid (13.3)       (13.3)          
Share based compensation 1.2 1.2                
Common shares repurchased and classified as treasury shares 1.0     $ 1.0            
Common shares repurchased and classified as treasury shares (in shares)       100,000            
Arising from issue of share capital (6.3)   $ (6.3)              
Arising from issue of share capital (in shares)     (500,000)              
Purchase of shares from ESOP 0.0 (0.6) $ 0.5   0.1          
Utilization of treasury shares to satisfy share based compensation 0.0 (0.9)   $ 0.7 0.2          
Ending balance at Dec. 31, 2016 150.4 60.0 $ (7.1) $ (0.5) 80.8 (159.0)   25.3   150.9
Ending balance (in shares) at Dec. 31, 2016     (600,000) (100,000)            
Net income 16.6       16.6          
Other comprehensive income (loss), net of tax 18.3         18.3        
Dividends declared and paid (13.3)       (13.3)          
Share based compensation $ 2.5 2.5                
Common shares repurchased and classified as treasury shares (in shares) 0                  
Purchase of shares from ESOP $ 0.0   $ 0.8 $ (0.8)            
New shares issued     100,000 100,000            
Utilization of treasury shares to satisfy share based compensation 0.0 (0.5) $ 0.5              
Utilization of shares from ESOP to satisfy share based compensation 0.0 (0.4)   $ 0.3 0.1          
Utilization of shares from ESOP to satisfy share based compensation (in shares)       100,000            
Ending balance at Dec. 31, 2017 174.5 62.1 $ (5.8) $ (1.0) 83.7 (140.7)   25.3   150.9
Ending balance (in shares) at Dec. 31, 2017     (500,000) (100,000)            
Reclassification of deferred tax 0.0 0.5     (0.5)          
Net income 25.0       25.0          
Other comprehensive income (loss), net of tax (5.9)         (5.9)        
Dividends declared and paid (13.4)       (13.4)          
Share based compensation $ (2.5) (2.5)                
Common shares repurchased and classified as treasury shares (in shares) 0                  
Arising from issue of share capital $ 0.0     $ (1.3)       1.3    
Arising from issue of share capital (in shares)       (1,900,000)            
Cancellation of deferred shares 0.0 1.0               (1.0)
Shares sold from ESOP 6.6 6.2   $ 0.4            
Shares sold from ESOP (in shares)       500,000            
Purchase of shares from ESOP 0.0   $ 1.4 $ (1.4)            
New shares issued     100,000 100,000     1,863,201   0  
Utilization of treasury shares to satisfy share based compensation 0.0 (0.1) $ 0.1              
Utilization of shares from ESOP to satisfy share based compensation 0.0 (1.1)   $ 1.1            
Ending balance at Dec. 31, 2018 $ 184.3 $ 65.6 $ (4.3) $ (2.2) $ 95.3 $ (146.6)   $ 26.6   $ 149.9
Ending balance (in shares) at Dec. 31, 2018     (400,000) (1,600,000)            
[1] Ordinary share capital includes 29,000,000 shares in 2018, 27,136,799 shares in 2017 and 2016 respectively.
[2] Deferred share capital includes 761,835,338,444 shares in 2018, 769,413,708,000 shares in 2017 and 2016 respectively.