XML 39 R67.htm IDEA: XBRL DOCUMENT v2.4.1.9
Investment Securities (Significant Unobservable Inputs) (Details) (USD $)
3 Months Ended 12 Months Ended
Mar. 31, 2015
Dec. 31, 2014
Quantitative information for Level 3 Fair Value Measurements Assets    
Number of Investments with Significant Unobseravble Inputs 1wtm_NumberOfInvestmentsWithSignificantUnobseravbleInputs  
Conditional Prepayment Rate 12.00%wtm_ConditionalPrepaymentRate  
loss severity [Member]    
Quantitative information for Level 3 Fair Value Measurements Assets    
Fair Value Inputs, Discount Rate 50.00%us-gaap_FairValueInputsDiscountRate
/ us-gaap_ValuationTechniqueAxis
= wtm_LossseverityMember
 
Discount Yield [Member]    
Quantitative information for Level 3 Fair Value Measurements Assets    
Fair Value Inputs, Discount Rate 11.30%us-gaap_FairValueInputsDiscountRate
/ us-gaap_ValuationTechniqueAxis
= wtm_DiscountYieldMember
11.00%us-gaap_FairValueInputsDiscountRate
/ us-gaap_ValuationTechniqueAxis
= wtm_DiscountYieldMember
NR | Preferred Stock | Discounted cash flows    
Quantitative information for Level 3 Fair Value Measurements Assets    
Assets, Fair Value Disclosure 71,400,000us-gaap_AssetsFairValueDisclosure
/ invest_CreditRatingSourceAxis
= wtm_StandardPoorsNrRatingMember
/ us-gaap_FairValueByAssetClassAxis
= us-gaap_PreferredStockMember
/ us-gaap_ValuationTechniqueAxis
= wtm_DiscountedCashFlowValuationTechniqueMember
71,100,000us-gaap_AssetsFairValueDisclosure
/ invest_CreditRatingSourceAxis
= wtm_StandardPoorsNrRatingMember
/ us-gaap_FairValueByAssetClassAxis
= us-gaap_PreferredStockMember
/ us-gaap_ValuationTechniqueAxis
= wtm_DiscountedCashFlowValuationTechniqueMember
NR | Preferred Stock | Discount Yield [Member]    
Quantitative information for Level 3 Fair Value Measurements Assets    
Fair Value Inputs, Discount Rate 7.10%us-gaap_FairValueInputsDiscountRate
/ invest_CreditRatingSourceAxis
= wtm_StandardPoorsNrRatingMember
/ us-gaap_FairValueByAssetClassAxis
= us-gaap_PreferredStockMember
/ us-gaap_ValuationTechniqueAxis
= wtm_DiscountYieldMember
7.10%us-gaap_FairValueInputsDiscountRate
/ invest_CreditRatingSourceAxis
= wtm_StandardPoorsNrRatingMember
/ us-gaap_FairValueByAssetClassAxis
= us-gaap_PreferredStockMember
/ us-gaap_ValuationTechniqueAxis
= wtm_DiscountYieldMember
NR | Private equity funds | Multiple of GAAP book value [Member]    
Quantitative information for Level 3 Fair Value Measurements Assets    
Assets, Fair Value Disclosure 32,600,000us-gaap_AssetsFairValueDisclosure
/ invest_CreditRatingSourceAxis
= wtm_StandardPoorsNrRatingMember
/ us-gaap_FairValueByAssetClassAxis
= us-gaap_PrivateEquityFundsMember
/ us-gaap_ValuationTechniqueAxis
= wtm_MultipleOfGaapBookValueMember
40,200,000us-gaap_AssetsFairValueDisclosure
/ invest_CreditRatingSourceAxis
= wtm_StandardPoorsNrRatingMember
/ us-gaap_FairValueByAssetClassAxis
= us-gaap_PrivateEquityFundsMember
/ us-gaap_ValuationTechniqueAxis
= wtm_MultipleOfGaapBookValueMember
Book Value Multiple to Calculate Fair Value 110.00%wtm_BookValueMultipleToCalculateFairValue
/ invest_CreditRatingSourceAxis
= wtm_StandardPoorsNrRatingMember
/ us-gaap_FairValueByAssetClassAxis
= us-gaap_PrivateEquityFundsMember
/ us-gaap_ValuationTechniqueAxis
= wtm_MultipleOfGaapBookValueMember
110.00%wtm_BookValueMultipleToCalculateFairValue
/ invest_CreditRatingSourceAxis
= wtm_StandardPoorsNrRatingMember
/ us-gaap_FairValueByAssetClassAxis
= us-gaap_PrivateEquityFundsMember
/ us-gaap_ValuationTechniqueAxis
= wtm_MultipleOfGaapBookValueMember
NR | Private equity funds | Recent transaction [Member]    
Quantitative information for Level 3 Fair Value Measurements Assets    
Assets, Fair Value Disclosure 20,100,000us-gaap_AssetsFairValueDisclosure
/ invest_CreditRatingSourceAxis
= wtm_StandardPoorsNrRatingMember
/ us-gaap_FairValueByAssetClassAxis
= us-gaap_PrivateEquityFundsMember
/ us-gaap_ValuationTechniqueAxis
= wtm_RecenttransactionMember
20,100,000us-gaap_AssetsFairValueDisclosure
/ invest_CreditRatingSourceAxis
= wtm_StandardPoorsNrRatingMember
/ us-gaap_FairValueByAssetClassAxis
= us-gaap_PrivateEquityFundsMember
/ us-gaap_ValuationTechniqueAxis
= wtm_RecenttransactionMember
NR | Private equity funds | Average Share Price [Member]    
Quantitative information for Level 3 Fair Value Measurements Assets    
Average Share Price Used As Unobservable Input 1.06wtm_AverageSharePriceUsedAsUnobservableInput
/ invest_CreditRatingSourceAxis
= wtm_StandardPoorsNrRatingMember
/ us-gaap_FairValueByAssetClassAxis
= us-gaap_PrivateEquityFundsMember
/ us-gaap_ValuationTechniqueAxis
= wtm_AverageSharePriceMember
1.06wtm_AverageSharePriceUsedAsUnobservableInput
/ invest_CreditRatingSourceAxis
= wtm_StandardPoorsNrRatingMember
/ us-gaap_FairValueByAssetClassAxis
= us-gaap_PrivateEquityFundsMember
/ us-gaap_ValuationTechniqueAxis
= wtm_AverageSharePriceMember
NR | Convertible Preferred Stock [Member] | Multiple of EBITA [Member]    
Quantitative information for Level 3 Fair Value Measurements Assets    
Assets, Fair Value Disclosure 3,900,000us-gaap_AssetsFairValueDisclosure
/ invest_CreditRatingSourceAxis
= wtm_StandardPoorsNrRatingMember
/ us-gaap_FairValueByAssetClassAxis
= us-gaap_ConvertiblePreferredStockMember
/ us-gaap_ValuationTechniqueAxis
= wtm_MultipleofEBITDAMember
3,800,000us-gaap_AssetsFairValueDisclosure
/ invest_CreditRatingSourceAxis
= wtm_StandardPoorsNrRatingMember
/ us-gaap_FairValueByAssetClassAxis
= us-gaap_ConvertiblePreferredStockMember
/ us-gaap_ValuationTechniqueAxis
= wtm_MultipleofEBITDAMember
Average Share Price Used As Unobservable Input 6.00wtm_AverageSharePriceUsedAsUnobservableInput
/ invest_CreditRatingSourceAxis
= wtm_StandardPoorsNrRatingMember
/ us-gaap_FairValueByAssetClassAxis
= us-gaap_ConvertiblePreferredStockMember
/ us-gaap_ValuationTechniqueAxis
= wtm_MultipleofEBITDAMember
6.00wtm_AverageSharePriceUsedAsUnobservableInput
/ invest_CreditRatingSourceAxis
= wtm_StandardPoorsNrRatingMember
/ us-gaap_FairValueByAssetClassAxis
= us-gaap_ConvertiblePreferredStockMember
/ us-gaap_ValuationTechniqueAxis
= wtm_MultipleofEBITDAMember
Unobservable Inputs 0wtm_UnobservableInputs
/ invest_CreditRatingSourceAxis
= wtm_StandardPoorsNrRatingMember
/ us-gaap_FairValueByAssetClassAxis
= us-gaap_ConvertiblePreferredStockMember
/ us-gaap_ValuationTechniqueAxis
= wtm_MultipleofEBITDAMember
 
NR | Convertible Preferred Stock [Member] | Recent transaction [Member]    
Quantitative information for Level 3 Fair Value Measurements Assets    
Assets, Fair Value Disclosure   4,500,000us-gaap_AssetsFairValueDisclosure
/ invest_CreditRatingSourceAxis
= wtm_StandardPoorsNrRatingMember
/ us-gaap_FairValueByAssetClassAxis
= us-gaap_ConvertiblePreferredStockMember
/ us-gaap_ValuationTechniqueAxis
= wtm_RecenttransactionMember
Average Share Price Used As Unobservable Input   0.71wtm_AverageSharePriceUsedAsUnobservableInput
/ invest_CreditRatingSourceAxis
= wtm_StandardPoorsNrRatingMember
/ us-gaap_FairValueByAssetClassAxis
= us-gaap_ConvertiblePreferredStockMember
/ us-gaap_ValuationTechniqueAxis
= wtm_RecenttransactionMember
NR | Seller Priority Surplus Note [Member] | Discounted cash flows    
Quantitative information for Level 3 Fair Value Measurements Assets    
Assets, Fair Value Disclosure 46,500,000us-gaap_AssetsFairValueDisclosure
/ invest_CreditRatingSourceAxis
= wtm_StandardPoorsNrRatingMember
/ us-gaap_FairValueByAssetClassAxis
= wtm_SellerPrioritySurplusNoteMember
/ us-gaap_ValuationTechniqueAxis
= wtm_DiscountedCashFlowValuationTechniqueMember
44,000,000us-gaap_AssetsFairValueDisclosure
/ invest_CreditRatingSourceAxis
= wtm_StandardPoorsNrRatingMember
/ us-gaap_FairValueByAssetClassAxis
= wtm_SellerPrioritySurplusNoteMember
/ us-gaap_ValuationTechniqueAxis
= wtm_DiscountedCashFlowValuationTechniqueMember
Fair Value Inputs, Discount Rate 9.40%us-gaap_FairValueInputsDiscountRate
/ invest_CreditRatingSourceAxis
= wtm_StandardPoorsNrRatingMember
/ us-gaap_FairValueByAssetClassAxis
= wtm_SellerPrioritySurplusNoteMember
/ us-gaap_ValuationTechniqueAxis
= wtm_DiscountedCashFlowValuationTechniqueMember
9.30%us-gaap_FairValueInputsDiscountRate
/ invest_CreditRatingSourceAxis
= wtm_StandardPoorsNrRatingMember
/ us-gaap_FairValueByAssetClassAxis
= wtm_SellerPrioritySurplusNoteMember
/ us-gaap_ValuationTechniqueAxis
= wtm_DiscountedCashFlowValuationTechniqueMember
Timing of interest payments 5 years 5 years
Timing of principal payments 10 years 10 years
NR | Pari Passu Surplus Note [Member] | Discounted cash flows    
Quantitative information for Level 3 Fair Value Measurements Assets    
Assets, Fair Value Disclosure 21,600,000us-gaap_AssetsFairValueDisclosure
/ invest_CreditRatingSourceAxis
= wtm_StandardPoorsNrRatingMember
/ us-gaap_FairValueByAssetClassAxis
= wtm_PariPassuSurplusNoteMember
/ us-gaap_ValuationTechniqueAxis
= wtm_DiscountedCashFlowValuationTechniqueMember
21,100,000us-gaap_AssetsFairValueDisclosure
/ invest_CreditRatingSourceAxis
= wtm_StandardPoorsNrRatingMember
/ us-gaap_FairValueByAssetClassAxis
= wtm_PariPassuSurplusNoteMember
/ us-gaap_ValuationTechniqueAxis
= wtm_DiscountedCashFlowValuationTechniqueMember
Fair Value Inputs, Discount Rate 14.40%us-gaap_FairValueInputsDiscountRate
/ invest_CreditRatingSourceAxis
= wtm_StandardPoorsNrRatingMember
/ us-gaap_FairValueByAssetClassAxis
= wtm_PariPassuSurplusNoteMember
/ us-gaap_ValuationTechniqueAxis
= wtm_DiscountedCashFlowValuationTechniqueMember
13.50%us-gaap_FairValueInputsDiscountRate
/ invest_CreditRatingSourceAxis
= wtm_StandardPoorsNrRatingMember
/ us-gaap_FairValueByAssetClassAxis
= wtm_PariPassuSurplusNoteMember
/ us-gaap_ValuationTechniqueAxis
= wtm_DiscountedCashFlowValuationTechniqueMember
Timing of interest payments 5 years 5 years
Timing of principal payments 15 years 10 years
Standard & Poor's, A- Rating | Non-Agency Commercial Mortgage Backed Securities [Member] [Member] | Broker Pricing [Member]    
Quantitative information for Level 3 Fair Value Measurements Assets    
Assets, Fair Value Disclosure 20,600,000us-gaap_AssetsFairValueDisclosure
/ invest_CreditRatingSourceAxis
= us-gaap_StandardPoorsAMinusRatingMember
/ us-gaap_FairValueByAssetClassAxis
= wtm_NonAgencyCommercialMortgageBackedSecuritiesMemberMember
/ us-gaap_ValuationTechniqueAxis
= wtm_BrokerPricingMember
 
Standard & Poor's, A- Rating | Non-Agency Residential Mortgage [Member] | Discounted cash flows    
Quantitative information for Level 3 Fair Value Measurements Assets    
Assets, Fair Value Disclosure 47,100,000us-gaap_AssetsFairValueDisclosure
/ invest_CreditRatingSourceAxis
= us-gaap_StandardPoorsAMinusRatingMember
/ us-gaap_FairValueByAssetClassAxis
= wtm_NonAgencyResidentialMortgageMember
/ us-gaap_ValuationTechniqueAxis
= wtm_DiscountedCashFlowValuationTechniqueMember
 
durchblicker.at [Member] | NR | Private equity funds | Recent Transaction Two [Member]    
Quantitative information for Level 3 Fair Value Measurements Assets    
Assets, Fair Value Disclosure 9,200,000us-gaap_AssetsFairValueDisclosure
/ invest_CreditRatingSourceAxis
= wtm_StandardPoorsNrRatingMember
/ us-gaap_FairValueByAssetClassAxis
= us-gaap_PrivateEquityFundsMember
/ invest_InvestmentAxis
= wtm_Durchblicker.atMember
/ us-gaap_ValuationTechniqueAxis
= wtm_RecentTransactionTwoMember
10,400,000us-gaap_AssetsFairValueDisclosure
/ invest_CreditRatingSourceAxis
= wtm_StandardPoorsNrRatingMember
/ us-gaap_FairValueByAssetClassAxis
= us-gaap_PrivateEquityFundsMember
/ invest_InvestmentAxis
= wtm_Durchblicker.atMember
/ us-gaap_ValuationTechniqueAxis
= wtm_RecentTransactionTwoMember
Average Share Price Used As Unobservable Input 290.96wtm_AverageSharePriceUsedAsUnobservableInput
/ invest_CreditRatingSourceAxis
= wtm_StandardPoorsNrRatingMember
/ us-gaap_FairValueByAssetClassAxis
= us-gaap_PrivateEquityFundsMember
/ invest_InvestmentAxis
= wtm_Durchblicker.atMember
/ us-gaap_ValuationTechniqueAxis
= wtm_RecentTransactionTwoMember
290.96wtm_AverageSharePriceUsedAsUnobservableInput
/ invest_CreditRatingSourceAxis
= wtm_StandardPoorsNrRatingMember
/ us-gaap_FairValueByAssetClassAxis
= us-gaap_PrivateEquityFundsMember
/ invest_InvestmentAxis
= wtm_Durchblicker.atMember
/ us-gaap_ValuationTechniqueAxis
= wtm_RecentTransactionTwoMember
BE Reinsurance [Member] | NR | Private equity funds | Recent Transaction Three [Member]    
Quantitative information for Level 3 Fair Value Measurements Assets    
Assets, Fair Value Disclosure 14,200,000us-gaap_AssetsFairValueDisclosure
/ invest_CreditRatingSourceAxis
= wtm_StandardPoorsNrRatingMember
/ us-gaap_FairValueByAssetClassAxis
= us-gaap_PrivateEquityFundsMember
/ invest_InvestmentAxis
= wtm_BEReinsuranceMember
/ us-gaap_ValuationTechniqueAxis
= wtm_RecentTransactionThreeMember
15,800,000us-gaap_AssetsFairValueDisclosure
/ invest_CreditRatingSourceAxis
= wtm_StandardPoorsNrRatingMember
/ us-gaap_FairValueByAssetClassAxis
= us-gaap_PrivateEquityFundsMember
/ invest_InvestmentAxis
= wtm_BEReinsuranceMember
/ us-gaap_ValuationTechniqueAxis
= wtm_RecentTransactionThreeMember
Average Share Price Used As Unobservable Input 0.13wtm_AverageSharePriceUsedAsUnobservableInput
/ invest_CreditRatingSourceAxis
= wtm_StandardPoorsNrRatingMember
/ us-gaap_FairValueByAssetClassAxis
= us-gaap_PrivateEquityFundsMember
/ invest_InvestmentAxis
= wtm_BEReinsuranceMember
/ us-gaap_ValuationTechniqueAxis
= wtm_RecentTransactionThreeMember
0.13wtm_AverageSharePriceUsedAsUnobservableInput
/ invest_CreditRatingSourceAxis
= wtm_StandardPoorsNrRatingMember
/ us-gaap_FairValueByAssetClassAxis
= us-gaap_PrivateEquityFundsMember
/ invest_InvestmentAxis
= wtm_BEReinsuranceMember
/ us-gaap_ValuationTechniqueAxis
= wtm_RecentTransactionThreeMember
Centrus [Member] | NR | Debt securities issued by corporations | Discounted cash flows    
Quantitative information for Level 3 Fair Value Measurements Assets    
Assets, Fair Value Disclosure   5,600,000us-gaap_AssetsFairValueDisclosure
/ invest_CreditRatingSourceAxis
= wtm_StandardPoorsNrRatingMember
/ us-gaap_FairValueByAssetClassAxis
= us-gaap_CorporateDebtSecuritiesMember
/ invest_InvestmentAxis
= wtm_CentrusMember
/ us-gaap_ValuationTechniqueAxis
= wtm_DiscountedCashFlowValuationTechniqueMember
Unobservable Inputs   0.10wtm_UnobservableInputs
/ invest_CreditRatingSourceAxis
= wtm_StandardPoorsNrRatingMember
/ us-gaap_FairValueByAssetClassAxis
= us-gaap_CorporateDebtSecuritiesMember
/ invest_InvestmentAxis
= wtm_CentrusMember
/ us-gaap_ValuationTechniqueAxis
= wtm_DiscountedCashFlowValuationTechniqueMember
Minimum | discount spread [Member]    
Quantitative information for Level 3 Fair Value Measurements Assets    
Basis points 0.45%wtm_Basispoints
/ us-gaap_RangeAxis
= us-gaap_MinimumMember
/ us-gaap_ValuationTechniqueAxis
= wtm_DiscountspreadMember
 
Minimum | Default Rate [Member]    
Quantitative information for Level 3 Fair Value Measurements Assets    
Constant Default Rate 2.50%wtm_ConstantDefaultRate
/ us-gaap_RangeAxis
= us-gaap_MinimumMember
/ us-gaap_ValuationTechniqueAxis
= wtm_DefaultRateMember
 
Maximum | discount spread [Member]    
Quantitative information for Level 3 Fair Value Measurements Assets    
Basis points 1.80%wtm_Basispoints
/ us-gaap_RangeAxis
= us-gaap_MaximumMember
/ us-gaap_ValuationTechniqueAxis
= wtm_DiscountspreadMember
 
Maximum | Default Rate [Member]    
Quantitative information for Level 3 Fair Value Measurements Assets    
Constant Default Rate 8.75%wtm_ConstantDefaultRate
/ us-gaap_RangeAxis
= us-gaap_MaximumMember
/ us-gaap_ValuationTechniqueAxis
= wtm_DefaultRateMember
 
Standard & Poor's, B Rating [Member]    
Quantitative information for Level 3 Fair Value Measurements Assets    
Basis points 2.50%wtm_Basispoints
/ us-gaap_CreditRatingStandardPoorsAxis
= us-gaap_StandardPoorsBRatingMember
 
Standard & Poor's, CCC Rating [Member]    
Quantitative information for Level 3 Fair Value Measurements Assets    
Basis points 2.50%wtm_Basispoints
/ us-gaap_CreditRatingStandardPoorsAxis
= us-gaap_StandardPoorsCCCRatingMember