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CONSOLIDATED STATEMENTS OF CASH FLOWS (USD $)
In Millions, unless otherwise specified
3 Months Ended 12 Months Ended
Mar. 31, 2015
Mar. 31, 2014
Dec. 31, 2014
Cash flows from operations:      
Net income $ 77.0us-gaap_ProfitLoss $ 94.9us-gaap_ProfitLoss  
Charges (credits) to reconcile net income to net cash used for operations:      
Net realized and unrealized investment gains (103.4)us-gaap_GainLossOnInvestments (63.8)us-gaap_GainLossOnInvestments (63.8)us-gaap_GainLossOnInvestments
Deferred income tax expense 12.2us-gaap_DeferredIncomeTaxExpenseBenefit 21.7us-gaap_DeferredIncomeTaxExpenseBenefit  
Net income from discontinued operations 7.9us-gaap_IncomeLossFromDiscontinuedOperationsNetOfTax 0.5us-gaap_IncomeLossFromDiscontinuedOperationsNetOfTax  
Discontinued Operation, Gain (Loss) on Disposal of Discontinued Operation, Net of Tax 8.0us-gaap_DiscontinuedOperationGainLossOnDisposalOfDiscontinuedOperationNetOfTax 0us-gaap_DiscontinuedOperationGainLossOnDisposalOfDiscontinuedOperationNetOfTax  
Gain on sale of subsidiary - Citation 0us-gaap_GainOrLossOnSaleOfStockInSubsidiary (0.7)us-gaap_GainOrLossOnSaleOfStockInSubsidiary  
Amortization and depreciation 22.2us-gaap_DepreciationDepletionAndAmortization 15.4us-gaap_DepreciationDepletionAndAmortization  
Undistributed equity in earnings from unconsolidated affiliates, net of tax (7.3)us-gaap_IncomeLossFromEquityMethodInvestments (13.8)us-gaap_IncomeLossFromEquityMethodInvestments  
Other operating items:      
Net change in loss and loss adjustment expense reserves (39.3)us-gaap_IncreaseDecreaseInLossAndLossAdjustmentExpenseReserve (44.6)us-gaap_IncreaseDecreaseInLossAndLossAdjustmentExpenseReserve  
Net change in reinsurance recoverable on paid and unpaid losses 20.0us-gaap_IncreaseDecreaseInReinsuranceRecoverable 13.9us-gaap_IncreaseDecreaseInReinsuranceRecoverable  
Net change in unearned insurance and reinsurance premiums 181.3us-gaap_IncreaseDecreaseInUnearnedPremiums 217.7us-gaap_IncreaseDecreaseInUnearnedPremiums  
Net change in variable annuity benefit guarantee liabilities (0.4)wtm_IncreaseDecreaseInVariableAnnuityBenefitGuaranteeLiabilities 1.3wtm_IncreaseDecreaseInVariableAnnuityBenefitGuaranteeLiabilities  
Net change in variable annuity benefit guarantee derivative instruments 9.4wtm_IncreaseDecreaseInVariableAnnuityBenefitDerivativeInstruments (20.4)wtm_IncreaseDecreaseInVariableAnnuityBenefitDerivativeInstruments  
Net change in deferred acquisition costs (20.2)us-gaap_IncreaseDecreaseInDeferredPolicyAcquisitionCosts (15.3)us-gaap_IncreaseDecreaseInDeferredPolicyAcquisitionCosts  
Net change in funds held by ceding entities 21.4us-gaap_IncreaseDecreaseInFundsHeldUnderReinsuranceAgreements 12.6us-gaap_IncreaseDecreaseInFundsHeldUnderReinsuranceAgreements  
Net change in ceded unearned premiums (61.5)us-gaap_IncreaseDecreaseInPrepaidReinsurancePremiums (60.6)us-gaap_IncreaseDecreaseInPrepaidReinsurancePremiums  
Net change in funds held under reinsurance treaties 9.8us-gaap_IncreaseDecreaseInClientFundsHeld 0.7us-gaap_IncreaseDecreaseInClientFundsHeld  
Net change in insurance and reinsurance premiums receivable (190.5)us-gaap_IncreaseDecreaseInPremiumsReceivable (212.4)us-gaap_IncreaseDecreaseInPremiumsReceivable  
Net change in ceded reinsurance payable 56.4us-gaap_IncreaseDecreaseInReinsurancePayables 78.6us-gaap_IncreaseDecreaseInReinsurancePayables  
Net change in restricted cash (5.3)us-gaap_IncreaseDecreaseInRestrictedCashForOperatingActivities 33.9us-gaap_IncreaseDecreaseInRestrictedCashForOperatingActivities  
Net change in other assets and liabilities, net (55.3)us-gaap_IncreaseDecreaseInOtherOperatingCapitalNet (92.2)us-gaap_IncreaseDecreaseInOtherOperatingCapitalNet  
Net cash used for operations - continuing operations (65.6)us-gaap_NetCashProvidedByUsedInOperatingActivitiesContinuingOperations (32.6)us-gaap_NetCashProvidedByUsedInOperatingActivitiesContinuingOperations  
Net cash provided from (used for) operations - discontinued operations 7.9us-gaap_CashProvidedByUsedInOperatingActivitiesDiscontinuedOperations (14.6)us-gaap_CashProvidedByUsedInOperatingActivitiesDiscontinuedOperations  
Net cash used for operations (57.7)us-gaap_NetCashProvidedByUsedInOperatingActivities (47.2)us-gaap_NetCashProvidedByUsedInOperatingActivities  
Cash flows from investing activities:      
Net change in short-term investments (86.1)us-gaap_PaymentsForProceedsFromShortTermInvestments (61.5)us-gaap_PaymentsForProceedsFromShortTermInvestments  
Sales of fixed maturity and convertible fixed maturity investments 1,110.8wtm_ProceedsFromSaleOfTradingFixedMaturityAndConvertibleFixedMaturityInvestments 1,026.3wtm_ProceedsFromSaleOfTradingFixedMaturityAndConvertibleFixedMaturityInvestments  
Maturities, calls and paydowns of fixed maturity and convertible fixed maturity investments 138.2wtm_ProceedsFromMaturitiesOfTradingFixedMaturityAndConvertibleFixedMaturityInvestments 189.7wtm_ProceedsFromMaturitiesOfTradingFixedMaturityAndConvertibleFixedMaturityInvestments  
Sales of common equity securities 80.0wtm_ProceedsFromSaleOfTradingCommonEquitySecurities 63.4wtm_ProceedsFromSaleOfTradingCommonEquitySecurities  
Distributions and redemptions of other long-term investments 6.4us-gaap_ProceedsFromSaleAndMaturityOfOtherInvestments 23.9us-gaap_ProceedsFromSaleAndMaturityOfOtherInvestments  
Sales of consolidated and unconsolidated affiliates, net of cash sold 0us-gaap_ProceedsFromDivestitureOfInterestInSubsidiariesAndAffiliates 12.8us-gaap_ProceedsFromDivestitureOfInterestInSubsidiariesAndAffiliates  
Funding from (of) operational cash flows for discontinued operations 7.9us-gaap_PaymentsToAcquireAdditionalInterestInSubsidiaries (14.6)us-gaap_PaymentsToAcquireAdditionalInterestInSubsidiaries  
Purchases of other long-term investments (9.5)us-gaap_PaymentsToAcquireOtherInvestments (13.0)us-gaap_PaymentsToAcquireOtherInvestments  
Purchases of common equity securities (49.5)wtm_PaymentsToAcquireTradingCommonEquitySecurities (65.0)wtm_PaymentsToAcquireTradingCommonEquitySecurities  
Purchases of fixed maturity and convertible fixed maturity investments (1,282.3)wtm_PaymentsToAcquireTradingFixedMaturityAndConvertibleFixedMaturityInvestments (1,138.3)wtm_PaymentsToAcquireTradingFixedMaturityAndConvertibleFixedMaturityInvestments  
Purchases of consolidated and unconsolidated affiliates, net of cash acquired (2.4)us-gaap_PaymentsToAcquireBusinessesAndInterestInAffiliates (32.2)us-gaap_PaymentsToAcquireBusinessesAndInterestInAffiliates  
Net change in unsettled investment purchases and sales 135.2wtm_IncreaseDecreaseInUnsettledAccountsReceivableAndAccountsPayable 52.6wtm_IncreaseDecreaseInUnsettledAccountsReceivableAndAccountsPayable  
Net acquisitions of property and equipment (5.0)wtm_NetAcquisitionsOfPropertyAndEquipment (0.5)wtm_NetAcquisitionsOfPropertyAndEquipment  
Net cash provided from investing activities - continuing operations 43.7us-gaap_NetCashProvidedByUsedInInvestingActivitiesContinuingOperations 43.6us-gaap_NetCashProvidedByUsedInInvestingActivitiesContinuingOperations  
Net cash (used for) provided from investing activities - discontinued operations (7.9)us-gaap_CashProvidedByUsedInInvestingActivitiesDiscontinuedOperations 14.6us-gaap_CashProvidedByUsedInInvestingActivitiesDiscontinuedOperations  
Net cash provided from investing activities 35.8us-gaap_NetCashProvidedByUsedInInvestingActivities 58.2us-gaap_NetCashProvidedByUsedInInvestingActivities  
Cash flows from financing activities:      
Draw down of debt and revolving line of credit 4.5us-gaap_ProceedsFromLinesOfCredit 0us-gaap_ProceedsFromLinesOfCredit  
Repayment of debt and revolving line of credit (1.3)us-gaap_RepaymentsOfDebt 0us-gaap_RepaymentsOfDebt  
Payments on capital lease obligation (1.3)us-gaap_RepaymentsOfLongTermCapitalLeaseObligations (1.3)us-gaap_RepaymentsOfLongTermCapitalLeaseObligations  
Cash dividends paid to the Company’s common shareholders (6.0)us-gaap_PaymentsOfDividendsCommonStock (6.2)us-gaap_PaymentsOfDividendsCommonStock  
Cash dividends paid to OneBeacon Ltd.’s non-controlling common shareholders (4.9)us-gaap_PaymentsOfDividendsMinorityInterest (4.9)us-gaap_PaymentsOfDividendsMinorityInterest  
Common shares repurchased (4.3)us-gaap_PaymentsForRepurchaseOfCommonStock (10.9)us-gaap_PaymentsForRepurchaseOfCommonStock  
OneBeacon Ltd. common shares repurchased and retired 1.7wtm_PaymentforSubsidiarySharesRetired 0wtm_PaymentforSubsidiarySharesRetired  
Distribution to non-controlling interest shareholders (0.7)us-gaap_MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders 0us-gaap_MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders  
Collateral provided by interest rate cap counterparties (1.2)us-gaap_ProceedsFromDerivativeInstrumentFinancingActivities (2.6)us-gaap_ProceedsFromDerivativeInstrumentFinancingActivities  
Capital contributions from BAM members 4.6wtm_Memberscapitalcontribution 4.8wtm_Memberscapitalcontribution  
Net cash used for financing activities - continuing operations (12.3)us-gaap_NetCashProvidedByUsedInFinancingActivitiesContinuingOperations (21.1)us-gaap_NetCashProvidedByUsedInFinancingActivitiesContinuingOperations  
Net cash (used for) provided from financing activities - discontinued operations 0us-gaap_CashProvidedByUsedInFinancingActivitiesDiscontinuedOperations 0us-gaap_CashProvidedByUsedInFinancingActivitiesDiscontinuedOperations  
Net cash used for financing activities (12.3)us-gaap_NetCashProvidedByUsedInFinancingActivities (21.1)us-gaap_NetCashProvidedByUsedInFinancingActivities  
Effect of exchange rate changes on cash (8.5)us-gaap_EffectOfExchangeRateOnCashAndCashEquivalents (0.2)us-gaap_EffectOfExchangeRateOnCashAndCashEquivalents  
Net change in cash during the period (42.7)us-gaap_CashAndCashEquivalentsPeriodIncreaseDecrease (10.3)us-gaap_CashAndCashEquivalentsPeriodIncreaseDecrease  
Cash balances at beginning of period (excludes restricted cash balances of $23.7 and $56.1) 349.5us-gaap_CashAndCashEquivalentsAtCarryingValue 326.7us-gaap_CashAndCashEquivalentsAtCarryingValue 326.7us-gaap_CashAndCashEquivalentsAtCarryingValue
Cash balances at end of period (excludes restricted cash balances of $29.0 and $22.2) 306.8us-gaap_CashAndCashEquivalentsAtCarryingValue 316.4us-gaap_CashAndCashEquivalentsAtCarryingValue 349.5us-gaap_CashAndCashEquivalentsAtCarryingValue
Supplemental cash flows information:      
Interest paid (12.8)us-gaap_InterestPaid (12.8)us-gaap_InterestPaid  
Net income tax (payment) refund to national governments $ (15.0)us-gaap_IncomeTaxesPaidNet $ 3.8us-gaap_IncomeTaxesPaidNet