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Goodwill and Other Intangible Assets (Tables)
12 Months Ended
Dec. 31, 2014
Goodwill and Intangible Assets Disclosure [Abstract]  
Schedule of Intangible Assets and Goodwill [Table Text Block]
The following table shows the economic lives, acquisition date values, accumulated amortization and net carrying values for other intangible assets and goodwill, for each company acquired:
Millions
 
Weighted Average Economic
 life
(in years)
 
December 31, 2014
 
December 31, 2013
 
Acquisition date fair value
 
Accumulated amortization
 
Net carrying value
 
Acquisition date fair value
 
Accumulated amortization
 
Net carrying value
Tranzact:
 
 
 
 
 
 
 
 
 
 
 
 
 
 
   Domain and trade names
 
6
 
$
25.6

 
$
.9

 
$
24.7

 
$

 
$

 
$

   Customer relationships
 
10
 
107.5

 
2.1

 
105.4

 

 

 

   Information technology
 
5
 
12.7

 
.5

 
12.2

 

 

 

   Other
 
7
 
.5

 

 
.5

 

 

 

      Subtotal
 
 
 
146.3

 
3.5

 
142.8

 

 

 

 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
QuoteLab:
 
 
 
 
 
 
 
 
 
 
 
 
 
 
   Customer relationships
 
4
 
6.5

 
1.2

 
5.3

 

 

 

   Information technology
 
5
 
32.0

 
4.8

 
27.2

 

 

 

      Subtotal
 
 
 
38.5

 
6.0

 
32.5

 

 

 

 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Wobi:
 
 
 
 
 
 
 
 
 
 
 
 
 
 
   Trademark
 
8
 
2.1

 
.2

 
1.9

 

 

 

   Information technology
 
3
 
.8

 
.2

 
.6

 

 

 

       Subtotal
 
 
 
2.9

 
.4

 
2.5

 

 

 

 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Star & Shield:
 
 
 
 
 
 
 
 
 
 
 
 
 
 
   Customer relationship
 
3
 
1.2

 
.4

 
.8

 

 

 

  
 
 
 
 
 
 
 
 
 
 
 
 
 
 
OneBeacon (EBI)
 
10
 
9.4

 
5.7

 
3.7

 
9.4

 
4.3

 
5.1

 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Sirius (WM Solutions) - Licenses
 
Indefinite
 
15.2

 

 
15.2

 
15.6

 

 
15.6

 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Total other intangible assets
 
213.5

 
16.0

 
197.5

 
25.0

 
4.3

 
20.7

 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Goodwill:
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Tranzact
 
N/A
 
145.1

 

 
145.1

 

 

 

Quote Lab
 
N/A
 
18.3

 

 
18.3

 

 

 

Wobi
 
N/A
 
5.5

 

 
5.5

 

 

 

Total goodwill
 
168.9

 

 
168.9

 

 

 

 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Total goodwill and other intangible assets
 
$
382.4

 
$
16.0

 
$
366.4

 
$
25.0

 
$
4.3

 
$
20.7

Schedule of Goodwill and Intangible Assets Rollforward
The following table shows the change in goodwill and other intangible assets:
 
 
December 31,
Millions
 
2014
 
2013
 
 
Goodwill
 
Other intangible assets
 
Goodwill
 
Other intangible assets
Beginning balance
 
$

 
$
20.7

 
$

 
$
16.9

Acquisitions of businesses
 
168.9

 
188.9

 

 
5.2

Dispositions of businesses
 

 
(.4
)
 

 

Amortization, including foreign currency translation
 

 
(11.7
)
 

 
(1.4
)
Ending balance
 
$
168.9

 
$
197.5

 
$

 
$
20.7

Schedule of Finite-Lived Intangible Assets, Future Amortization Expense
White Mountains expects to recognize amortization expense in each of the next five years as follows:
Millions
 
Amortization expense
2015
 
$
27.1

2016
 
27.0

2017
 
26.4

2018
 
24.6

2019
 
16.5

Total
 
$
121.6