Rendering

Component: (Network and Table)
Network
100510 - Disclosure - Pension Benefits and Savings Plans (Tables)
(http://www.argolimited.com/20161231/taxonomy/role/DisclosurePensionBenefitsAndSavingsPlansTables)
Table(Implied)
Slicers (applies to each fact value in each table cell)
Compensation And Retirement Disclosure [Abstract]Period [Axis]
2016-01-01 - 2016-12-31
Compensation And Retirement Disclosure [Abstract]
 
Schedule of Change in Plan Assets

The assets and liabilities of the plans were measured as of December 31 of the respective years presented.

 

(in millions)

 

2016

 

 

2015

 

Change in plan assets

 

 

 

 

 

 

 

 

Fair value of plan assets at beginning of year

 

$

17.5

 

 

$

19.2

 

Actual return on plan assets

 

 

0.7

 

 

 

(0.1

)

Employer contributions

 

 

0.2

 

 

 

0.2

 

Settlements and benefits paid

 

 

(1.7

)

 

 

(1.8

)

Fair value of plan assets at end of year

 

$

16.7

 

 

$

17.5

 

 

 
 
Schedule of Change in Projected Benefit Obligation

 

(in millions)

 

2016

 

 

2015

 

Change in projected benefit obligation

 

 

 

 

 

 

 

 

Projected benefit obligation at beginning of year

 

$

23.1

 

 

$

25.8

 

Interest cost

 

 

0.8

 

 

 

0.8

 

Actuarial loss (gain)

 

 

0.4

 

 

 

(1.6

)

Settlements and benefits paid

 

 

(1.7

)

 

 

(1.9

)

Projected benefit obligation at end of year

 

$

22.6

 

 

$

23.1

 

 

 
 
Schedule of Assumptions to Determine Benefit Obligations

Assumptions used to determine benefit obligations at December 31 were as follows:

 

 

 

2016

 

 

2015

 

Weighted average discount rate

 

 

3.44%

 

 

 

3.48%

 

Expected rate of increase in future compensation levels

 

n/a

 

 

n/a

 

 

 
 
Schedule of Assumptions to Determine Net Periodic Benefit Cost

Assumptions used to determine net periodic benefit cost follows:

 

 

 

For the Years Ended December 31,

 

 

 

2016

 

 

2015

 

 

2014

 

Weighted average discount rate

 

 

3.62%

 

 

 

3.55%

 

 

 

4.39%

 

Expected return on plan assets

 

 

6.00%

 

 

 

6.00%

 

 

 

6.00%

 

Expected rate of increase in future compensation levels

 

n/a

 

 

n/a

 

 

n/a