Attached files
| file | filename |
|---|---|
| 10-K - 10-K - OneBeacon Insurance Group, Ltd. | a2201814z10-k.htm |
| EX-32.1 - EX-32.1 - OneBeacon Insurance Group, Ltd. | a2201814zex-32_1.htm |
| EX-21.1 - EX-21.1 - OneBeacon Insurance Group, Ltd. | a2201814zex-21_1.htm |
| EX-23.1 - EX-23.1 - OneBeacon Insurance Group, Ltd. | a2201814zex-23_1.htm |
| EX-31.1 - EX-31.1 - OneBeacon Insurance Group, Ltd. | a2201814zex-31_1.htm |
| EX-31.2 - EX-31.2 - OneBeacon Insurance Group, Ltd. | a2201814zex-31_2.htm |
| EX-32.2 - EX-32.2 - OneBeacon Insurance Group, Ltd. | a2201814zex-32_2.htm |
| EX-10.4.3 - EX-10.4.3 - OneBeacon Insurance Group, Ltd. | a2201814zex-10_43.htm |
| EX-10.2.5 - EX-10.2.5 - OneBeacon Insurance Group, Ltd. | a2201814zex-10_25.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 December 31, |
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2006 |
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2007 |
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2008 |
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2009 |
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2010 |
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Consolidated pre-tax income (loss) from continuing operations before equity in earnings of affiliate and discontinued operations |
|
$ |
305.2 |
|
$ |
402.2 |
|
$ |
(600.6 |
) |
$ |
456.9 |
|
$ |
128.5 |
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Distributed income of equity investees |
|
70.0 |
|
— |
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— |
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— |
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— |
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Interest expense on debt |
|
45.5 |
|
45.2 |
|
44.9 |
|
39.7 |
|
29.6 |
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Interest portion of rental expense |
|
13.6 |
|
11.1 |
|
7.4 |
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7.3 |
|
7.5 |
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Earnings (loss) |
|
$ |
434.3 |
|
$ |
458.5 |
|
$ |
(548.3 |
) |
$ |
503.9 |
|
$ |
165.6 |
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|
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Interest expense on debt |
|
45.5 |
|
45.2 |
|
44.9 |
|
39.7 |
|
29.6 |
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Interest portion of rental expense |
|
13.6 |
|
11.1 |
|
7.4 |
|
7.3 |
|
7.5 |
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Fixed charges |
|
$ |
59.1 |
|
$ |
56.3 |
|
$ |
52.3 |
|
$ |
47.0 |
|
$ |
37.1 |
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Ratio of earnings (loss) to fixed charges |
|
7.3 |
|
8.1 |
|
(10.5 |
) |
10.7 |
|
4.5 |
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