v3.26.3
Pay vs Performance Disclosure - USD ($)
 12 Months Ended
Dec. 31, 2025
Dec. 31, 2024
Dec. 31, 2023
Dec. 31, 2022
Dec. 31, 2021
Pay vs Performance Disclosure          
Pay vs Performance Disclosure, Table
Pay versus Performance
In accordance with rules adopted by the Securities and Exchange Commission pursuant to the Dodd-Frank Wall Street Reform and Consumer Protection Act of 2010, we provide the following disclosure regarding executive compensation for our principal executive officer (“PEO”) and Non-PEO NEOs and Company performance for the fiscal years listed below. The Compensation and Human Capital Committee did not consider the pay versus performance disclosure below in making its pay decisions for any of the years shown.
​
YEAR
​ ​ ​
SUMMARY
COMPENSATION
TABLE TOTAL
FOR PEO(1)(2)
($)
​ ​ ​
COMPENSATION
ACTUALLY PAID
TO PEO(1)(3)(4)
($)
​ ​ ​
AVERAGE
SUMMARY
COMPENSATION
TABLE TOTAL
FOR NON-PEO
NEOS(1)(2)
($)
​ ​ ​
AVERAGE
COMPENSATION
ACTUALLY PAID
TO NON-PEO
NEOS(1)(3)(4)
($)
​ ​ ​
VALUE OF INITIAL FIXED
$100 INVESTMENT BASED ON:(5)
​ ​ ​
NET INCOME(6)
($ THOUSANDS)
​ ​ ​
ADJUSTED
EBIT(7)
($ THOUSANDS)
​
​
TOTAL
SHAREHOLDER
RETURN
($)
​ ​ ​
PEER GROUP
TOTAL
SHAREHOLDER
RETURN
($)
​ ​
​
(a)
​ ​ ​
(b)
​ ​ ​
(c)
​ ​ ​
(d)
​ ​ ​
(e)
​ ​ ​
(f)
​ ​ ​
(g)
​ ​ ​
(h)
​ ​ ​
(i)
​
​ 2025 ​ ​ ​ ​ ​ 2,930,288 ​ ​ ​ ​ ​ ​ 3,731,956 ​ ​ ​ ​ ​ ​ 1,484,659 ​ ​ ​ ​ ​ ​ 1,612,008 ​ ​ ​ ​ ​ ​ 14.11 ​ ​ ​ ​ ​ ​ 234.33 ​ ​ ​ ​ ​ ​ 47,427 ​ ​ ​ ​ ​ ​ 105,400 ​ ​
​ 2024 ​ ​ ​ ​ ​ 2,709,253 ​ ​ ​ ​ ​ ​ 1,990,044 ​ ​ ​ ​ ​ ​ 1,597,040 ​ ​ ​ ​ ​ ​ 1,252,858 ​ ​ ​ ​ ​ ​ 10.72 ​ ​ ​ ​ ​ ​ 212.86 ​ ​ ​ ​ ​ ​ (81,120) ​ ​ ​ ​ ​ ​ 104,800 ​ ​
​ 2023 ​ ​ ​ ​ ​ 2,720,691 ​ ​ ​ ​ ​ ​ 1,589,888 ​ ​ ​ ​ ​ ​ 1,465,981 ​ ​ ​ ​ ​ ​ 945,280 ​ ​ ​ ​ ​ ​ 19.91 ​ ​ ​ ​ ​ ​ 157.12 ​ ​ ​ ​ ​ ​ (107,684) ​ ​ ​ ​ ​ ​ 116,823 ​ ​
​ 2022 ​ ​ ​ ​ ​ 3,121,935 ​ ​ ​ ​ ​ ​ 2,880,460 ​ ​ ​ ​ ​ ​ 1,585,061 ​ ​ ​ ​ ​ ​ 1,516,446 ​ ​ ​ ​ ​ ​ 44.46 ​ ​ ​ ​ ​ ​ 141.79 ​ ​ ​ ​ ​ ​ 30,973 ​ ​ ​ ​ ​ ​ 91,827 ​ ​
​ 2021 ​ ​ ​ ​ ​ 1,317,980 ​ ​ ​ ​ ​ ​ 116,822 ​ ​ ​ ​ ​ ​ 1,164,640 ​ ​ ​ ​ ​ ​ 571,782 ​ ​ ​ ​ ​ ​ 60.72 ​ ​ ​ ​ ​ ​ 119.28 ​ ​ ​ ​ ​ ​ (172,799) ​ ​ ​ ​ ​ ​ (187,112) ​ ​
​
(1)
Frank N. D’Orazio has served as our PEO for each year presented. The individuals comprising the Non-PEO NEOs for each year presented are listed below.
​
​
2021
​ ​ ​
2022
​ ​ ​
2023
​ ​ ​
2024
​ ​ ​
2025
​
​
Sarah C. Doran
​ ​ ​
Sarah C. Doran
​ ​ ​
Sarah C. Doran
​ ​ ​
Sarah C. Doran
​ ​ ​
Sarah C. Doran
​
​
Daniel J. Heinlein
​ ​ ​
Daniel J. Heinlein
​ ​ ​
Daniel J. Heinlein
​ ​ ​
Richard J. Schmitzer
​ ​ ​
Richard J. Schmitzer
​
​
Terence M. McCafferty
​ ​ ​
Terence M. McCafferty
​ ​ ​
Terence M. McCafferty
​ ​ ​
William K. Bowman
​ ​ ​
Michael J. Hoffmann
​
​
Richard J. Schmitzer
​ ​ ​
Richard J. Schmitzer
​ ​ ​
Richard J. Schmitzer
​ ​ ​
Michael J. Hoffmann
​ ​ ​
Jeanette L. Miller
​
​
Robert P. Myron
​ ​ ​ ​ ​ ​ ​
Michael J. Hoffmann
​ ​ ​ ​ ​ ​ ​
Todd R. Sutherland
 ​
​
(2)
The amounts shown for Summary Compensation Table total for each applicable fiscal year (i) for the PEO, are the amounts of total compensation as reported in the Summary Compensation Table for the PEO, and (ii) for the Non-PEO NEOs, are the average of the amounts of total compensation as reported in the Summary Compensation Table for such Non-PEO NEOs.
​
(3)
The amounts shown for Compensation Actually Paid have been calculated in accordance with Item 402(v) of Regulation S-K and do not reflect compensation actually earned, realized, or received by the Company’s NEOs during the applicable fiscal year. These amounts reflect the Summary Compensation Table total for the PEO and the average of the Summary Compensation Table totals for Non-PEO NEOs, with certain adjustments as required by Item 402(v) of Regulation S-K and described in footnote 4 below.
​
(4)
Compensation Actually Paid reflects the exclusions and inclusions of certain amounts for the PEO and the Non-PEO NEOs as set forth below. Equity values are calculated in accordance with FASB Topic 718, with the value of the PRSUs calculated based upon the probable outcome of the performance conditions. The valuation methodologies and assumptions used to calculate the equity values included in Compensation Actually Paid are based on our grant date fair value of the equity awards as disclosed in the Company’s audited financial statements for the applicable fiscal year. Amounts in the Exclusion of Stock Awards column below are the totals from the Stock Awards column set forth in the Summary Compensation Table.
​
​
YEAR
​ ​ ​
SUMMARY
COMPENSATION
TABLE TOTAL
FOR PEO
($)
​ ​ ​
EXCLUSION OF
STOCK AWARDS
FOR PEO
($)
​ ​ ​
INCLUSION OF
EQUITY VALUES
FOR PEO
($)
​ ​ ​
COMPENSATION
ACTUALLY PAID
TO PEO
($)
​
​ 2025 ​ ​ ​ ​ ​ 2,930,288 ​ ​ ​ ​ ​ ​ (966,618) ​ ​ ​ ​ ​ ​ 1,768,286 ​ ​ ​ ​ ​ ​ 3,731,956 ​ ​
​
YEAR
​ ​ ​
AVERAGE
SUMMARY
COMPENSATION
TABLE TOTAL
FOR NON-PEO NEOS
($)
​ ​ ​
AVERAGE
EXCLUSION OF
STOCK AWARDS
FOR NON-PEO NEOS
($)
​ ​ ​
AVERAGE
INCLUSION OF
EQUITY VALUES
FOR NON-PEO NEOS
($)
​ ​ ​
AVERAGE
COMPENSATION
ACTUALLY PAID
TO NON-PEO NEOS
($)
​
​ 2025 ​ ​ ​ ​ ​ 1,484,659 ​ ​ ​ ​ ​ ​ (440,787) ​ ​ ​ ​ ​ ​ 568,136 ​ ​ ​ ​ ​ ​ 1,612,008 ​ ​
The amounts in the Inclusion of Equity Values column in the tables above are derived from the amounts set forth in the following tables:
​
YEAR
​ ​ ​
PLUS
YEAR-END
FAIR VALUE
OF EQUITY
AWARDS
GRANTED
DURING
YEAR THAT
REMAINED
UNVESTED
AS OF LAST
DAY OF YEAR
FOR PEO
($)
​ ​ ​
PLUS
CHANGE IN
FAIR VALUE
AS OF LAST
DAY OF YEAR
(FROM
LAST DAY
OF PRIOR
YEAR) OF
UNVESTED
EQUITY
AWARDS
FOR PEO
($)
​ ​ ​
PLUS
VESTING-DATE
FAIR VALUE
OF EQUITY
AWARDS
GRANTED
DURING
YEAR
THAT
VESTED
DURING
YEAR
FOR PEO
($)
​ ​ ​
PLUS
CHANGE IN
FAIR VALUE
AS OF VESTING
DATE
(FROM LAST DAY
OF PRIOR YEAR)
OF UNVESTED
EQUITY
AWARDS
THAT VESTED
DURING YEAR
FOR PEO
($)
​ ​ ​
LESS
FAIR
VALUE
AT LAST
DAY
OF PRIOR
YEAR OF
EQUITY
AWARDS
FORFEITED
DURING
YEAR
FOR PEO
($)
​ ​ ​
PLUS
VALUE OF
DIVIDENDS OR
OTHER
EARNINGS
PAID ON
EQUITY
AWARDS
PRIOR TO
VESTING NOT
OTHERWISE
INCLUDED
FOR PEO
($)
​ ​ ​
TOTAL —
INCLUSION
OF
EQUITY
VALUES
FOR PEO
($)
​
​ 2025 ​ ​ ​ ​ ​ 1,683,342 ​ ​ ​ ​ ​ ​ 81,353 ​ ​ ​ ​ ​ ​ — ​ ​ ​ ​ ​ ​ 3,591 ​ ​ ​ ​ ​ ​ — ​ ​ ​ ​ ​ ​ — ​ ​ ​ ​ ​ ​ 1,768,286 ​ ​
​
YEAR
​ ​ ​
PLUS
AVERAGE
YEAR-END
FAIR VALUE
OF EQUITY
AWARDS
GRANTED
DURING
YEAR THAT
REMAINED
UNVESTED
AS OF LAST
DAY OF YEAR
FOR NON-PEO
NEOS
($)
​ ​ ​
PLUS
AVERAGE
CHANGE IN
FAIR VALUE
AS OF LAST
DAY OF YEAR
(FROM LAST
DAY OF
PRIOR YEAR)
OF UNVESTED
EQUITY
AWARDS
FOR NON-PEO
NEOS
($)
​ ​ ​
PLUS
AVERAGE
VESTING-DATE FAIR
VALUE OF
EQUITY
AWARDS
GRANTED
DURING
YEAR THAT
VESTED
DURING YEAR
FOR NON-PEO
NEOS
($)
​ ​ ​
PLUS
AVERAGE
CHANGE IN
FAIR VALUE
AS OF
VESTING
DATE (FROM
LAST DAY OF
PRIOR YEAR)
OF UNVESTED
EQUITY
AWARDS
THAT VESTED
DURING YEAR
FOR NON-PEO
NEOS
($)
​ ​ ​
LESS
AVERAGE
FAIR VALUE
AT LAST DAY
OF PRIOR
YEAR OF
EQUITY
AWARDS
FORFEITED
DURING
YEAR FOR
NON-PEO
NEOS
($)
​ ​ ​
PLUS
AVERAGE
VALUE OF
DIVIDENDS
OR OTHER
EARNINGS
PAID ON
EQUITY
AWARDS
PRIOR TO
VESTING NOT
OTHERWISE
INCLUDED
FOR NON-PEO
NEOS
($)
​ ​ ​
TOTAL —
AVERAGE
INCLUSION OF
EQUITY
VALUES FOR
NON-PEO
NEOS
($)
​
​ 2025 ​ ​ ​ ​ ​ 532,716 ​ ​ ​ ​ ​ ​ 24,754 ​ ​ ​ ​ ​ ​ 32,788 ​ ​ ​ ​ ​ ​ 2,915 ​ ​ ​ ​ ​ ​ (25,037) ​ ​ ​ ​ ​ ​ — ​ ​ ​ ​ ​ ​ 568,136 ​ ​
​
(5)
The Peer Group TSR set forth in this table utilizes the S&P 500 Property & Casualty Insurance index (the “S&P P&C Index”), which we also utilize in the stock performance graph required by Item 201(e) of Regulation S-K included in our Annual Report for the year ended December 31, 2025. The comparison of TSR assumes $100 was invested for the period starting December 31, 2020, through the last day of the listed year in each of the Company’s common stock and the S&P P&C Index, respectively.
​
(6)
These amounts represent the amount of net income reflected in the Company’s audited financial statements for the applicable fiscal year.
​
(7)
As noted in the Compensation Discussion and Analysis, “Adjusted EBIT” is one of the financial metrics used to determine short-term compensation under our STI Plan, and we have selected it as our most important financial performance measure to link Compensation Actually Paid to our named executive officers to Company performance. Adjusted EBIT is calculated as net income of the Company before interest and income taxes, and excluding the portion of favorable or unfavorable prior year reserve development for which the Company’s subsidiaries ceded the risk under retroactive reinsurance agreements and the related changes in the amortization of deferred gain. Please refer to the Compensation Discussion and Analysis for further discussion of the Committee’s calculation of Adjusted EBIT for the most recent fiscal year.
​
        
Company Selected Measure Name ADJUSTEDEBIT        
Named Executive Officers, Footnote
(1)
Frank N. D’Orazio has served as our PEO for each year presented. The individuals comprising the Non-PEO NEOs for each year presented are listed below.
​
​
2021
​ ​ ​
2022
​ ​ ​
2023
​ ​ ​
2024
​ ​ ​
2025
​
​
Sarah C. Doran
​ ​ ​
Sarah C. Doran
​ ​ ​
Sarah C. Doran
​ ​ ​
Sarah C. Doran
​ ​ ​
Sarah C. Doran
​
​
Daniel J. Heinlein
​ ​ ​
Daniel J. Heinlein
​ ​ ​
Daniel J. Heinlein
​ ​ ​
Richard J. Schmitzer
​ ​ ​
Richard J. Schmitzer
​
​
Terence M. McCafferty
​ ​ ​
Terence M. McCafferty
​ ​ ​
Terence M. McCafferty
​ ​ ​
William K. Bowman
​ ​ ​
Michael J. Hoffmann
​
​
Richard J. Schmitzer
​ ​ ​
Richard J. Schmitzer
​ ​ ​
Richard J. Schmitzer
​ ​ ​
Michael J. Hoffmann
​ ​ ​
Jeanette L. Miller
​
​
Robert P. Myron
​ ​ ​ ​ ​ ​ ​
Michael J. Hoffmann
​ ​ ​ ​ ​ ​ ​
Todd R. Sutherland
 ​
       
Peer Group Issuers, Footnote
(5)
The Peer Group TSR set forth in this table utilizes the S&P 500 Property & Casualty Insurance index (the “S&P P&C Index”), which we also utilize in the stock performance graph required by Item 201(e) of Regulation S-K included in our Annual Report for the year ended December 31, 2025. The comparison of TSR assumes $100 was invested for the period starting December 31, 2020, through the last day of the listed year in each of the Company’s common stock and the S&P P&C Index, respectively.
        
PEO Total Compensation Amount $ 2,930,288 $ 2,709,253 $ 2,720,691 $ 3,121,935 $ 1,317,980
PEO Actually Paid Compensation Amount $ 3,731,956 1,990,044 1,589,888 2,880,460 116,822
Adjustment To PEO Compensation, Footnote
(4)
Compensation Actually Paid reflects the exclusions and inclusions of certain amounts for the PEO and the Non-PEO NEOs as set forth below. Equity values are calculated in accordance with FASB Topic 718, with the value of the PRSUs calculated based upon the probable outcome of the performance conditions. The valuation methodologies and assumptions used to calculate the equity values included in Compensation Actually Paid are based on our grant date fair value of the equity awards as disclosed in the Company’s audited financial statements for the applicable fiscal year. Amounts in the Exclusion of Stock Awards column below are the totals from the Stock Awards column set forth in the Summary Compensation Table.
​
YEAR
​ ​ ​
SUMMARY
COMPENSATION
TABLE TOTAL
FOR PEO
($)
​ ​ ​
EXCLUSION OF
STOCK AWARDS
FOR PEO
($)
​ ​ ​
INCLUSION OF
EQUITY VALUES
FOR PEO
($)
​ ​ ​
COMPENSATION
ACTUALLY PAID
TO PEO
($)
​
​ 2025 ​ ​ ​ ​ ​ 2,930,288 ​ ​ ​ ​ ​ ​ (966,618) ​ ​ ​ ​ ​ ​ 1,768,286 ​ ​ ​ ​ ​ ​ 3,731,956 ​ ​
The amounts in the Inclusion of Equity Values column in the tables above are derived from the amounts set forth in the following tables:
​
YEAR
​ ​ ​
PLUS
YEAR-END
FAIR VALUE
OF EQUITY
AWARDS
GRANTED
DURING
YEAR THAT
REMAINED
UNVESTED
AS OF LAST
DAY OF YEAR
FOR PEO
($)
​ ​ ​
PLUS
CHANGE IN
FAIR VALUE
AS OF LAST
DAY OF YEAR
(FROM
LAST DAY
OF PRIOR
YEAR) OF
UNVESTED
EQUITY
AWARDS
FOR PEO
($)
​ ​ ​
PLUS
VESTING-DATE
FAIR VALUE
OF EQUITY
AWARDS
GRANTED
DURING
YEAR
THAT
VESTED
DURING
YEAR
FOR PEO
($)
​ ​ ​
PLUS
CHANGE IN
FAIR VALUE
AS OF VESTING
DATE
(FROM LAST DAY
OF PRIOR YEAR)
OF UNVESTED
EQUITY
AWARDS
THAT VESTED
DURING YEAR
FOR PEO
($)
​ ​ ​
LESS
FAIR
VALUE
AT LAST
DAY
OF PRIOR
YEAR OF
EQUITY
AWARDS
FORFEITED
DURING
YEAR
FOR PEO
($)
​ ​ ​
PLUS
VALUE OF
DIVIDENDS OR
OTHER
EARNINGS
PAID ON
EQUITY
AWARDS
PRIOR TO
VESTING NOT
OTHERWISE
INCLUDED
FOR PEO
($)
​ ​ ​
TOTAL —
INCLUSION
OF
EQUITY
VALUES
FOR PEO
($)
​
​ 2025 ​ ​ ​ ​ ​ 1,683,342 ​ ​ ​ ​ ​ ​ 81,353 ​ ​ ​ ​ ​ ​ — ​ ​ ​ ​ ​ ​ 3,591 ​ ​ ​ ​ ​ ​ — ​ ​ ​ ​ ​ ​ — ​ ​ ​ ​ ​ ​ 1,768,286 ​ ​
       
Non-PEO NEO Average Total Compensation Amount $ 1,484,659 1,597,040 1,465,981 1,585,061 1,164,640
Non-PEO NEO Average Compensation Actually Paid Amount $ 1,612,008 1,252,858 945,280 1,516,446 571,782
Adjustment to Non-PEO NEO Compensation Footnote
(4)
Compensation Actually Paid reflects the exclusions and inclusions of certain amounts for the PEO and the Non-PEO NEOs as set forth below. Equity values are calculated in accordance with FASB Topic 718, with the value of the PRSUs calculated based upon the probable outcome of the performance conditions. The valuation methodologies and assumptions used to calculate the equity values included in Compensation Actually Paid are based on our grant date fair value of the equity awards as disclosed in the Company’s audited financial statements for the applicable fiscal year. Amounts in the Exclusion of Stock Awards column below are the totals from the Stock Awards column set forth in the Summary Compensation Table.
​
YEAR
​ ​ ​
AVERAGE
SUMMARY
COMPENSATION
TABLE TOTAL
FOR NON-PEO NEOS
($)
​ ​ ​
AVERAGE
EXCLUSION OF
STOCK AWARDS
FOR NON-PEO NEOS
($)
​ ​ ​
AVERAGE
INCLUSION OF
EQUITY VALUES
FOR NON-PEO NEOS
($)
​ ​ ​
AVERAGE
COMPENSATION
ACTUALLY PAID
TO NON-PEO NEOS
($)
​
​ 2025 ​ ​ ​ ​ ​ 1,484,659 ​ ​ ​ ​ ​ ​ (440,787) ​ ​ ​ ​ ​ ​ 568,136 ​ ​ ​ ​ ​ ​ 1,612,008 ​ ​
The amounts in the Inclusion of Equity Values column in the tables above are derived from the amounts set forth in the following tables:
​
YEAR
​ ​ ​
PLUS
AVERAGE
YEAR-END
FAIR VALUE
OF EQUITY
AWARDS
GRANTED
DURING
YEAR THAT
REMAINED
UNVESTED
AS OF LAST
DAY OF YEAR
FOR NON-PEO
NEOS
($)
​ ​ ​
PLUS
AVERAGE
CHANGE IN
FAIR VALUE
AS OF LAST
DAY OF YEAR
(FROM LAST
DAY OF
PRIOR YEAR)
OF UNVESTED
EQUITY
AWARDS
FOR NON-PEO
NEOS
($)
​ ​ ​
PLUS
AVERAGE
VESTING-DATE FAIR
VALUE OF
EQUITY
AWARDS
GRANTED
DURING
YEAR THAT
VESTED
DURING YEAR
FOR NON-PEO
NEOS
($)
​ ​ ​
PLUS
AVERAGE
CHANGE IN
FAIR VALUE
AS OF
VESTING
DATE (FROM
LAST DAY OF
PRIOR YEAR)
OF UNVESTED
EQUITY
AWARDS
THAT VESTED
DURING YEAR
FOR NON-PEO
NEOS
($)
​ ​ ​
LESS
AVERAGE
FAIR VALUE
AT LAST DAY
OF PRIOR
YEAR OF
EQUITY
AWARDS
FORFEITED
DURING
YEAR FOR
NON-PEO
NEOS
($)
​ ​ ​
PLUS
AVERAGE
VALUE OF
DIVIDENDS
OR OTHER
EARNINGS
PAID ON
EQUITY
AWARDS
PRIOR TO
VESTING NOT
OTHERWISE
INCLUDED
FOR NON-PEO
NEOS
($)
​ ​ ​
TOTAL —
AVERAGE
INCLUSION OF
EQUITY
VALUES FOR
NON-PEO
NEOS
($)
​
​ 2025 ​ ​ ​ ​ ​ 532,716 ​ ​ ​ ​ ​ ​ 24,754 ​ ​ ​ ​ ​ ​ 32,788 ​ ​ ​ ​ ​ ​ 2,915 ​ ​ ​ ​ ​ ​ (25,037) ​ ​ ​ ​ ​ ​ — ​ ​ ​ ​ ​ ​ 568,136 ​ ​
       
Compensation Actually Paid vs. Total Shareholder Return [MISSING IMAGE: bc_tsr-4c.jpg]        
Compensation Actually Paid vs. Net Income
[MISSING IMAGE: bc_netincome-4c.jpg]
       
Compensation Actually Paid vs. Company Selected Measure
[MISSING IMAGE: bc_adjustebit-4c.jpg]
       
Total Shareholder Return Vs Peer Group [MISSING IMAGE: bc_tsr-4c.jpg]        
Tabular List, Table
PERFORMANCE MEASURES USED TO LINK COMPANY PERFORMANCE AND COMPENSATION ACTUALLY PAID TO NEOs
The following performance measures represent the most important financial performance measures used by us to link Compensation Actually Paid to our NEOs to performance for the fiscal year ended December 31, 2025:
•
Adjusted Combined Ratio
​
•
Adjusted EBIT
​
Since fewer than three financial performance measures were used by the Company to link Compensation Actually Paid to the Company’s NEOs for the fiscal year ended December 31, 2025 to Company performance, we have listed all such measures that were used.
       
Total Shareholder Return Amount $ 14.11 10.72 19.91 44.46 60.72
Peer Group Total Shareholder Return Amount 234.33 212.86 157.12 141.79 119.28
Net Income (Loss) $ 47,427,000 $ (81,120,000) $ (107,684,000) $ 30,973,000 $ (172,799,000)
Company Selected Measure Amount 105,400,000 104,800,000 116,823,000 91,827,000 (187,112,000)
PEO Name Frank N. D’Orazio        
NEO Name 1 Sarah C. Doran Sarah C. Doran Sarah C. Doran Sarah C. Doran Sarah C. Doran
NEO Name 2 Richard J. Schmitzer Richard J. Schmitzer Daniel J. Heinlein Daniel J. Heinlein Daniel J. Heinlein
NEO Name 3 Michael J. Hoffmann William K. Bowman Terence M. McCafferty Terence M. McCafferty Terence M. McCafferty
NEO Name 4 Jeanette L. Miller Michael J. Hoffmann Richard J. Schmitzer Richard J. Schmitzer Richard J. Schmitzer
NEO Name 5 Todd R. Sutherland   Michael J. Hoffmann   Robert P. Myron
Measure:: 1          
Pay vs Performance Disclosure          
Name Adjusted Combined Ratio        
Measure:: 2          
Pay vs Performance Disclosure          
Name Adjusted EBIT        
Non-GAAP Measure Description
(7)
As noted in the Compensation Discussion and Analysis, “Adjusted EBIT” is one of the financial metrics used to determine short-term compensation under our STI Plan, and we have selected it as our most important financial performance measure to link Compensation Actually Paid to our named executive officers to Company performance. Adjusted EBIT is calculated as net income of the Company before interest and income taxes, and excluding the portion of favorable or unfavorable prior year reserve development for which the Company’s subsidiaries ceded the risk under retroactive reinsurance agreements and the related changes in the amortization of deferred gain. Please refer to the Compensation Discussion and Analysis for further discussion of the Committee’s calculation of Adjusted EBIT for the most recent fiscal year.
        
PEO | Aggregate Grant Date Fair Value of Equity Award Amounts Reported in Summary Compensation Table          
Pay vs Performance Disclosure          
Adjustment to Compensation, Amount $ (966,618)        
PEO | Equity Awards Adjustments, Excluding Value Reported in Compensation Table          
Pay vs Performance Disclosure          
Adjustment to Compensation, Amount 1,768,286        
PEO | Year-end Fair Value of Equity Awards Granted in Covered Year that are Outstanding and Unvested          
Pay vs Performance Disclosure          
Adjustment to Compensation, Amount 1,683,342        
PEO | Year-over-Year Change in Fair Value of Equity Awards Granted in Prior Years That are Outstanding and Unvested          
Pay vs Performance Disclosure          
Adjustment to Compensation, Amount 81,353        
PEO | Vesting Date Fair Value of Equity Awards Granted and Vested in Covered Year          
Pay vs Performance Disclosure          
Adjustment to Compensation, Amount        
PEO | Change in Fair Value as of Vesting Date of Prior Year Equity Awards Vested in Covered Year          
Pay vs Performance Disclosure          
Adjustment to Compensation, Amount 3,591        
PEO | Dividends or Other Earnings Paid on Equity Awards not Otherwise Reflected in Total Compensation for Covered Year          
Pay vs Performance Disclosure          
Adjustment to Compensation, Amount        
PEO | Average Fair Value At Last Day Of Prior Year Of Equity Awards Forfeited During Year [Member]          
Pay vs Performance Disclosure          
Adjustment to Compensation, Amount        
Non-PEO NEO | Aggregate Grant Date Fair Value of Equity Award Amounts Reported in Summary Compensation Table          
Pay vs Performance Disclosure          
Adjustment to Compensation, Amount (440,787)        
Non-PEO NEO | Equity Awards Adjustments, Excluding Value Reported in Compensation Table          
Pay vs Performance Disclosure          
Adjustment to Compensation, Amount 568,136        
Non-PEO NEO | Year-end Fair Value of Equity Awards Granted in Covered Year that are Outstanding and Unvested          
Pay vs Performance Disclosure          
Adjustment to Compensation, Amount 532,716        
Non-PEO NEO | Year-over-Year Change in Fair Value of Equity Awards Granted in Prior Years That are Outstanding and Unvested          
Pay vs Performance Disclosure          
Adjustment to Compensation, Amount 24,754        
Non-PEO NEO | Vesting Date Fair Value of Equity Awards Granted and Vested in Covered Year          
Pay vs Performance Disclosure          
Adjustment to Compensation, Amount 32,788        
Non-PEO NEO | Change in Fair Value as of Vesting Date of Prior Year Equity Awards Vested in Covered Year          
Pay vs Performance Disclosure          
Adjustment to Compensation, Amount 2,915        
Non-PEO NEO | Dividends or Other Earnings Paid on Equity Awards not Otherwise Reflected in Total Compensation for Covered Year          
Pay vs Performance Disclosure          
Adjustment to Compensation, Amount        
Non-PEO NEO | Average Fair Value At Last Day Of Prior Year Of Equity Awards Forfeited During Year [Member]          
Pay vs Performance Disclosure          
Adjustment to Compensation, Amount $ (25,037)