v3.26.1
Consolidated Statements of Operations (unaudited) - USD ($)
$ in Millions
3 Months Ended 6 Months Ended
Jun. 30, 2026
Jun. 30, 2025
Jun. 30, 2026
Jun. 30, 2025
Revenues        
Net earned premiums $ 2,767.4 $ 2,587.7 $ 5,549.3 $ 5,150.0
Fees and other income 554.6 463.7 1,054.4 866.6
Net investment income 142.4 128.7 302.0 253.5
Net realized losses on investments (including $2.4, $0.0, $(3.2) and $(3.0) of impairment-related gains (losses) for the three and six months ended June 30, 2026 and 2025, respectively) and fair value changes to equity securities (10.2) (21.7) (31.4) (37.7)
Total revenues 3,454.2 3,158.4 6,874.3 6,232.4
Benefits, losses and expenses        
Policyholder benefits 748.3 721.5 1,517.4 1,501.2
Underwriting, selling, general and administrative expenses 2,300.6 2,121.2 4,587.7 4,205.0
Interest expense 28.4 26.7 56.7 53.5
Total benefits, losses and expenses 3,077.3 2,869.4 6,161.8 5,759.7
Income before income tax expense 376.9 289.0 712.5 472.7
Income tax expense 78.3 53.7 139.8 90.8
Net income $ 298.6 $ 235.3 $ 572.7 $ 381.9
Earnings Per Common Share        
Basic (in dollars per share) $ 5.98 $ 4.60 $ 11.45 $ 7.46
Diluted (in dollars per share) $ 5.95 $ 4.56 $ 11.34 $ 7.38
Share Data        
Weighted average common shares outstanding used in basic per common share calculations (in shares) 49,520,710 50,675,804 49,611,108 50,737,072
Plus: Dilutive securities (in shares) 310,706 436,547 471,659 511,121
Weighted average common shares outstanding used in diluted per common share calculations (in shares) 49,831,416 51,112,351 50,082,767 51,248,193