v3.26.1
Consolidated Balance Sheets - USD ($)
$ in Millions
Jun. 30, 2026
Dec. 31, 2025
Assets    
Fixed maturities, at fair value (amortized cost of $10,320.6 and $9,685.7) $ 10,061.1 $ 9,536.5
Equity securities, at fair value 203.3 184.8
Other investments 637.6 661.4
Total investments 10,902.0 10,382.7
Cash and cash equivalents 266.1 1,122.7
Accrued investment income 88.0 80.1
Premiums and accounts receivable, net 1,950.1 1,861.3
Reinsurance recoverable on paid and unpaid losses and unearned premiums 2,078.9 2,011.1
Deferred acquisition costs 716.2 703.0
Deferred income tax asset 108.7 83.3
Goodwill 178.8 178.8
Other assets 490.5 439.3
Assets of discontinued businesses 84.6 83.6
Total assets 16,863.9 16,945.9
Liabilities    
Loss and loss adjustment expense reserves 8,001.7 7,755.2
Unearned premiums 3,479.6 3,440.4
Expenses and taxes payable 716.2 806.7
Reinsurance premiums payable 45.1 45.2
Short-term debt 50.1 375.0
Long-term debt 793.9 843.3
Liabilities of discontinued businesses 104.8 108.6
Total liabilities 13,191.4 13,374.4
Commitments and contingencies
Shareholders’ Equity    
Preferred stock, par value $0.01 per share; 20.0 million shares authorized; none issued
Common stock, par value $0.01 per share; 300.0 million shares authorized; 60.5 million shares issued 0.6 0.6
Additional paid-in capital 2,032.0 2,013.5
Accumulated other comprehensive loss (255.7) (171.4)
Retained earnings 4,052.5 3,741.6
Treasury stock at cost (25.6 and 25.1 million shares) (2,156.9) (2,012.8)
Total shareholders’ equity 3,672.5 3,571.5
Total liabilities and shareholders’ equity $ 16,863.9 $ 16,945.9