v3.26.3
Consolidated Balance Sheets - USD ($)
$ in Millions
Sep. 30, 2026
Dec. 31, 2025
Assets    
Fixed maturities, at fair value (amortized cost of $10,471.8 and $9,685.7) $ 9,835.7 $ 9,536.5
Equity securities, at fair value 197.1 184.8
Other investments 638.6 661.4
Total investments 10,671.4 10,382.7
Cash and cash equivalents 506.3 1,122.7
Accrued investment income 84.0 80.1
Premiums and accounts receivable, net 1,998.9 1,861.3
Reinsurance recoverable on paid and unpaid losses and unearned premiums 2,170.9 2,011.1
Deferred acquisition costs 741.8 703.0
Deferred income tax asset 192.7 83.3
Goodwill 178.8 178.8
Other assets 419.4 439.3
Assets of discontinued businesses 79.5 83.6
Total assets 17,043.7 16,945.9
Liabilities    
Loss and loss adjustment expense reserves 8,219.9 7,755.2
Unearned premiums 3,645.1 3,440.4
Expenses and taxes payable 743.6 806.7
Reinsurance premiums payable 49.0 45.2
Short-term debt 50.1 375.0
Long-term debt 794.1 843.3
Liabilities of discontinued businesses 100.4 108.6
Total liabilities 13,602.2 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 2,046.7 2,013.5
Accumulated other comprehensive loss (553.1) (171.4)
Retained earnings 4,191.7 3,741.6
Treasury stock at cost (26.0 and 25.1 million shares) (2,244.4) (2,012.8)
Total shareholders’ equity 3,441.5 3,571.5
Total liabilities and shareholders’ equity $ 17,043.7 $ 16,945.9