CONDENSED CONSOLIDATED STATEMENTS OF INCOME (LOSS) - USD ($) $ in Millions	3 Months Ended
Mar. 31, 2025	Mar. 31, 2024
Premiums and other revenue:
Net earned premiums	$ 210.0	$ 313.7
Net investment income	59.1	58.8
Net investment and other gains (losses):
Net realized investment and other gains (losses)	(2.8)	6.2
Change in fair value recognized	14.3	0.0
Change in allowance for credit losses	(1.8)	0.0
Total net investment and other gains (losses)	9.7	6.2
Total revenue	278.8	378.7
Expenses:
Losses and loss adjustment expenses	148.1	220.0
Underwriting, acquisition and general expenses	80.6	117.1
Non-operating expenses (income)	5.6	7.7
Interest expense	8.6	8.7
Foreign currency exchange (gains) losses	(2.6)	(2.0)
Total expenses	240.3	351.5
Income (loss) before income taxes	38.5	27.2
Income tax provision (benefit)	8.3	1.6
Net income (loss)	30.2	25.6
Dividends on Series A Preferred stock	2.6	2.6
Net income (loss) attributable to common stockholders	27.6	23.0
Net income (loss) attributable to common stockholders	$ 27.6	$ 23.0

Costs incurred during the period related to selling the Company's products and services including the amortization of deferred policy acquisition costs charged to expense in the period, as well as other costs incurred during the period, such as those relating to general administration and policy maintenance.

No definition available.