Attached files
| file | filename |
|---|---|
| 10-K - 10-K - OneBeacon Insurance Group, Ltd. | a2196639z10-k.htm |
| EX-10.9 - EXHIBIT 10.9 - OneBeacon Insurance Group, Ltd. | a2196639zex-10_9.htm |
| EX-32.2 - EXHIBIT 32.2 - OneBeacon Insurance Group, Ltd. | a2196639zex-32_2.htm |
| EX-31.2 - EXHIBIT 31.2 - OneBeacon Insurance Group, Ltd. | a2196639zex-31_2.htm |
| EX-23.1 - EXHIBIT 23.1 - OneBeacon Insurance Group, Ltd. | a2196639zex-23_1.htm |
| EX-31.1 - EXHIBIT 31.1 - OneBeacon Insurance Group, Ltd. | a2196639zex-31_1.htm |
| EX-21.1 - EXHIBIT 21.1 - OneBeacon Insurance Group, Ltd. | a2196639zex-21_1.htm |
| EX-32.1 - EX-32.1 - OneBeacon Insurance Group, Ltd. | a2196639zex-32_1.htm |
| EX-10.4.3 - EXHIBIT 10.4.3 - OneBeacon Insurance Group, Ltd. | a2196639zex-10_43.htm |
Exhibit 12.1
ONEBEACON INSURANCE GROUP, LTD.
Computation of Ratio of Earnings (Loss) to Fixed Charges
(in millions except ratios)
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Year Ended |
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2005 |
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2006 |
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2007 |
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2008 |
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2009 |
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Consolidated pre-tax income (loss) from continuing operations before equity in earnings of affiliate and discontinued operations |
|
$ |
264.0 |
|
$ |
305.2 |
|
$ |
402.2 |
|
$ |
(600.6 |
) |
$ |
456.9 |
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Distributed income of equity investees |
|
— |
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70.0 |
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— |
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— |
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— |
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Interest expense on debt |
|
44.1 |
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45.5 |
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45.2 |
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44.9 |
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39.7 |
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Interest portion of rental expense |
|
11.6 |
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13.6 |
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11.1 |
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7.4 |
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7.3 |
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Earnings (loss) |
|
$ |
319.7 |
|
$ |
434.3 |
|
$ |
458.5 |
|
$ |
(548.3 |
) |
$ |
503.9 |
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Interest expense on debt |
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44.1 |
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45.5 |
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45.2 |
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44.9 |
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39.7 |
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Interest portion of rental expense |
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11.6 |
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13.6 |
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11.1 |
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7.4 |
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7.3 |
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Fixed charges |
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$ |
55.7 |
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$ |
59.1 |
|
$ |
56.3 |
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$ |
52.3 |
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$ |
47.0 |
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Ratio of earnings (loss) to fixed charges |
|
5.7 |
|
7.3 |
|
8.1 |
|
(10.5 |
) |
10.7 |
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