XML 66 R35.htm IDEA: XBRL DOCUMENT v2.4.1.9
Segment Information (Tables)
3 Months Ended
Mar. 31, 2015
Segment Reporting [Abstract]  
Financial information for White Mountains' segments
Significant intercompany transactions among White Mountains’s segments have been eliminated herein. Financial information for White Mountains’s segments follows:
 
 
 
 
 
 
HG Global/BAM
 
 
 
 
Millions
 
OneBeacon
 
Sirius
Group
 
HG
 
BAM
 
Other Operations
 
Total
Three Months Ended March 31, 2015
 
 

 
 

 
 
 
 
 
 

 
 

Earned insurance and reinsurance premiums
 
$
286.6

 
$
205.0

 
$
.5

 
$
.2

 
$
2.0

 
$
494.3

Net investment income
 
10.5

 
8.0

 
.4

 
1.0

 
3.4

 
23.3

Net investment income (loss) - surplus note
   interest
 

 

 
4.0

 
(4.0
)
 

 

Net realized and unrealized investment gains
 
14.2

 
79.9

 
1.1

 
3.0

 
5.2

 
103.4

Other (loss) revenue
 
(3.1
)
 
(27.4
)
 

 
.1

 
66.2

 
35.8

Total revenues
 
308.2

 
265.5

 
6.0

 
.3

 
76.8

 
656.8

Losses and LAE
 
165.9

 
97.5

 

 

 
2.0

 
265.4

Insurance and reinsurance acquisition expenses
 
51.0

 
42.6

 
.1

 
.8

 
1.1

 
95.6

Other underwriting expenses
 
55.9

 
25.5

 

 
.1

 

 
81.5

General and administrative expenses
 
4.1

 
6.2

 
.4

 
8.2

 
97.5

 
116.4

Interest expense
 
3.2

 
6.8

 

 

 
1.1

 
11.1

Total expenses
 
280.1

 
178.6

 
.5

 
9.1

 
101.7

 
570.0

Pre-tax income (loss)
 
$
28.1

 
$
86.9

 
$
5.5

 
$
(8.8
)
 
$
(24.9
)
 
$
86.8

 
 
 
 
 
 
HG Global/BAM
 
 
 
 
Millions
 
OneBeacon
 
Sirius
Group
 
HG
 
BAM
 
Other Operations
 
Total
Three Months Ended March 31, 2014
 
 

 
 

 
 
 
 
 
 

 
 

Earned insurance and reinsurance premiums
 
$
276.5

 
$
215.5

 
$
.2

 
$
.1

 
$
1.3

 
$
493.6

Net investment income
 
10.4

 
8.7

 
.3

 
1.4

 
3.9

 
24.7

Net investment income (loss) - surplus note
   interest
 

 

 
3.9

 
(3.9
)
 

 

Net realized and unrealized investment gains
 
18.9

 
28.1

 
.7

 
3.0

 
13.1

 
63.8

Other revenue (loss)
 
1.0

 
(5.3
)
 

 
.2

 
.7

 
(3.4
)
Total revenues
 
306.8

 
247.0

 
5.1

 
.8

 
19.0

 
578.7

Losses and LAE
 
149.4

 
78.8

 

 

 
1.1

 
229.3

Insurance and reinsurance acquisition expenses
 
46.7

 
47.4

 
.1

 
.4

 
.5

 
95.1

Other underwriting expenses
 
49.4

 
31.8

 

 
.1

 
.1

 
81.4

General and administrative expenses
 
3.3

 
8.4

 
.4

 
8.9

 
29.3

 
50.3

Interest expense
 
3.2

 
6.6

 

 

 
.3

 
10.1

Total expenses
 
252.0

 
173.0

 
.5

 
9.4

 
31.3

 
466.2

Pre-tax income (loss)
 
$
54.8

 
$
74.0

 
$
4.6

 
$
(8.6
)
 
$
(12.3
)
 
$
112.5