XML 30 R77.htm IDEA: XBRL DOCUMENT v2.4.1.9
Derivatives (Level 3 Derivative Instruments) (Details) (White Mountains Life Re, USD $)
In Millions, unless otherwise specified
3 Months Ended
Mar. 31, 2015
Discounted cash flows
 
Quantitative information for Level 3 Fair Value Measurements Liabilities  
Fair value Liabilities 1.1us-gaap_LiabilitiesFairValueDisclosure
/ dei_LegalEntityAxis
= wtm_WhiteMountainsLifeReMember
/ us-gaap_ValuationTechniqueAxis
= wtm_DiscountedCashFlowValuationTechniqueMember
Variable annuity benefit guarantee liabilities | Discounted cash flows | Minimum
 
Quantitative information for Level 3 Fair Value Measurements Liabilities  
Mortality (as a percent) 0.00%wtm_FairValueInputsMortality
/ us-gaap_FairValueByLiabilityClassAxis
= us-gaap_VariableAnnuityMember
/ dei_LegalEntityAxis
= wtm_WhiteMountainsLifeReMember
/ us-gaap_RangeAxis
= us-gaap_MinimumMember
/ us-gaap_ValuationTechniqueAxis
= wtm_DiscountedCashFlowValuationTechniqueMember
Variable annuity benefit guarantee liabilities | Discounted cash flows | Maximum
 
Quantitative information for Level 3 Fair Value Measurements Liabilities  
Mortality (as a percent) 6.40%wtm_FairValueInputsMortality
/ us-gaap_FairValueByLiabilityClassAxis
= us-gaap_VariableAnnuityMember
/ dei_LegalEntityAxis
= wtm_WhiteMountainsLifeReMember
/ us-gaap_RangeAxis
= us-gaap_MaximumMember
/ us-gaap_ValuationTechniqueAxis
= wtm_DiscountedCashFlowValuationTechniqueMember
Variable annuity benefit guarantee liabilities | Discounted cash flows | Weighted Average
 
Quantitative information for Level 3 Fair Value Measurements Liabilities  
Mortality (as a percent) 1.00%wtm_FairValueInputsMortality
/ us-gaap_FairValueByLiabilityClassAxis
= us-gaap_VariableAnnuityMember
/ dei_LegalEntityAxis
= wtm_WhiteMountainsLifeReMember
/ us-gaap_RangeAxis
= us-gaap_WeightedAverageMember
/ us-gaap_ValuationTechniqueAxis
= wtm_DiscountedCashFlowValuationTechniqueMember
Foreign Exchange Option [Member] | Counterparty valuations
 
Quantitative information for Level 3 Fair Value Measurements Liabilities  
Fair value Liabilities 11.1us-gaap_LiabilitiesFairValueDisclosure
/ us-gaap_FairValueByLiabilityClassAxis
= us-gaap_ForeignExchangeOptionMember
/ dei_LegalEntityAxis
= wtm_WhiteMountainsLifeReMember
/ us-gaap_ValuationTechniqueAxis
= wtm_CounterpartyvaluationsMember
Foreign Exchange Option [Member] | Counterparty valuations | Minimum
 
Quantitative information for Level 3 Fair Value Measurements Liabilities  
Foreign exchange volatilities (as a percent) 0.50%wtm_FairValueInputsForeignExchangeVolatilities
/ us-gaap_FairValueByLiabilityClassAxis
= us-gaap_ForeignExchangeOptionMember
/ dei_LegalEntityAxis
= wtm_WhiteMountainsLifeReMember
/ us-gaap_RangeAxis
= us-gaap_MinimumMember
/ us-gaap_ValuationTechniqueAxis
= wtm_CounterpartyvaluationsMember
Foreign Exchange Option [Member] | Counterparty valuations | Maximum
 
Quantitative information for Level 3 Fair Value Measurements Liabilities  
Foreign exchange volatilities (as a percent) 11.60%wtm_FairValueInputsForeignExchangeVolatilities
/ us-gaap_FairValueByLiabilityClassAxis
= us-gaap_ForeignExchangeOptionMember
/ dei_LegalEntityAxis
= wtm_WhiteMountainsLifeReMember
/ us-gaap_RangeAxis
= us-gaap_MaximumMember
/ us-gaap_ValuationTechniqueAxis
= wtm_CounterpartyvaluationsMember
Foreign Exchange Option [Member] | Counterparty valuations | Weighted Average
 
Quantitative information for Level 3 Fair Value Measurements Liabilities  
Foreign exchange volatilities (as a percent) 5.90%wtm_FairValueInputsForeignExchangeVolatilities
/ us-gaap_FairValueByLiabilityClassAxis
= us-gaap_ForeignExchangeOptionMember
/ dei_LegalEntityAxis
= wtm_WhiteMountainsLifeReMember
/ us-gaap_RangeAxis
= us-gaap_WeightedAverageMember
/ us-gaap_ValuationTechniqueAxis
= wtm_CounterpartyvaluationsMember
Equity Index Options | Counterparty valuations
 
Quantitative information for Level 3 Fair Value Measurements Liabilities  
Fair value Liabilities 5.9us-gaap_LiabilitiesFairValueDisclosure
/ us-gaap_FairValueByLiabilityClassAxis
= wtm_EquityIndexOptionsMember
/ dei_LegalEntityAxis
= wtm_WhiteMountainsLifeReMember
/ us-gaap_ValuationTechniqueAxis
= wtm_CounterpartyvaluationsMember
Equity Index Options | Counterparty valuations | Minimum
 
Quantitative information for Level 3 Fair Value Measurements Liabilities  
Expected equity dividends (as a percent) (0.70%)wtm_FairValueInputsSignificantUnobservableInputsForEquityIndexOptions
/ us-gaap_FairValueByLiabilityClassAxis
= wtm_EquityIndexOptionsMember
/ dei_LegalEntityAxis
= wtm_WhiteMountainsLifeReMember
/ us-gaap_RangeAxis
= us-gaap_MinimumMember
/ us-gaap_ValuationTechniqueAxis
= wtm_CounterpartyvaluationsMember
Equity Index Options | Counterparty valuations | Maximum
 
Quantitative information for Level 3 Fair Value Measurements Liabilities  
Expected equity dividends (as a percent) 6.50%wtm_FairValueInputsSignificantUnobservableInputsForEquityIndexOptions
/ us-gaap_FairValueByLiabilityClassAxis
= wtm_EquityIndexOptionsMember
/ dei_LegalEntityAxis
= wtm_WhiteMountainsLifeReMember
/ us-gaap_RangeAxis
= us-gaap_MaximumMember
/ us-gaap_ValuationTechniqueAxis
= wtm_CounterpartyvaluationsMember
Equity Index Options | Counterparty valuations | Weighted Average
 
Quantitative information for Level 3 Fair Value Measurements Liabilities  
Expected equity dividends (as a percent) 2.10%wtm_FairValueInputsSignificantUnobservableInputsForEquityIndexOptions
/ us-gaap_FairValueByLiabilityClassAxis
= wtm_EquityIndexOptionsMember
/ dei_LegalEntityAxis
= wtm_WhiteMountainsLifeReMember
/ us-gaap_RangeAxis
= us-gaap_WeightedAverageMember
/ us-gaap_ValuationTechniqueAxis
= wtm_CounterpartyvaluationsMember
Year One | Variable annuity benefit guarantee liabilities | Discounted cash flows | Minimum
 
Quantitative information for Level 3 Fair Value Measurements Liabilities  
Surrenders (as a percent) 0.10%wtm_FairValueInputsSurrenders
/ us-gaap_FairValueByLiabilityClassAxis
= us-gaap_VariableAnnuityMember
/ dei_LegalEntityAxis
= wtm_WhiteMountainsLifeReMember
/ us-gaap_RangeAxis
= us-gaap_MinimumMember
/ us-gaap_ValuationTechniqueAxis
= wtm_DiscountedCashFlowValuationTechniqueMember
/ wtm_VolatilityYearAxis
= wtm_YearOneMember
Foreign exchange volatilities (as a percent) 10.90%wtm_FairValueInputsForeignExchangeVolatilities
/ us-gaap_FairValueByLiabilityClassAxis
= us-gaap_VariableAnnuityMember
/ dei_LegalEntityAxis
= wtm_WhiteMountainsLifeReMember
/ us-gaap_RangeAxis
= us-gaap_MinimumMember
/ us-gaap_ValuationTechniqueAxis
= wtm_DiscountedCashFlowValuationTechniqueMember
/ wtm_VolatilityYearAxis
= wtm_YearOneMember
Index volatilities (as a percent) 24.80%wtm_FairValueInputsIndexVolatilities
/ us-gaap_FairValueByLiabilityClassAxis
= us-gaap_VariableAnnuityMember
/ dei_LegalEntityAxis
= wtm_WhiteMountainsLifeReMember
/ us-gaap_RangeAxis
= us-gaap_MinimumMember
/ us-gaap_ValuationTechniqueAxis
= wtm_DiscountedCashFlowValuationTechniqueMember
/ wtm_VolatilityYearAxis
= wtm_YearOneMember
Year One | Variable annuity benefit guarantee liabilities | Discounted cash flows | Maximum
 
Quantitative information for Level 3 Fair Value Measurements Liabilities  
Surrenders (as a percent) 40.00%wtm_FairValueInputsSurrenders
/ us-gaap_FairValueByLiabilityClassAxis
= us-gaap_VariableAnnuityMember
/ dei_LegalEntityAxis
= wtm_WhiteMountainsLifeReMember
/ us-gaap_RangeAxis
= us-gaap_MaximumMember
/ us-gaap_ValuationTechniqueAxis
= wtm_DiscountedCashFlowValuationTechniqueMember
/ wtm_VolatilityYearAxis
= wtm_YearOneMember
Foreign exchange volatilities (as a percent) 16.20%wtm_FairValueInputsForeignExchangeVolatilities
/ us-gaap_FairValueByLiabilityClassAxis
= us-gaap_VariableAnnuityMember
/ dei_LegalEntityAxis
= wtm_WhiteMountainsLifeReMember
/ us-gaap_RangeAxis
= us-gaap_MaximumMember
/ us-gaap_ValuationTechniqueAxis
= wtm_DiscountedCashFlowValuationTechniqueMember
/ wtm_VolatilityYearAxis
= wtm_YearOneMember
Index volatilities (as a percent) 27.20%wtm_FairValueInputsIndexVolatilities
/ us-gaap_FairValueByLiabilityClassAxis
= us-gaap_VariableAnnuityMember
/ dei_LegalEntityAxis
= wtm_WhiteMountainsLifeReMember
/ us-gaap_RangeAxis
= us-gaap_MaximumMember
/ us-gaap_ValuationTechniqueAxis
= wtm_DiscountedCashFlowValuationTechniqueMember
/ wtm_VolatilityYearAxis
= wtm_YearOneMember
Year One | Variable annuity benefit guarantee liabilities | Discounted cash flows | Weighted Average
 
Quantitative information for Level 3 Fair Value Measurements Liabilities  
Surrenders (as a percent) 40.00%wtm_FairValueInputsSurrenders
/ us-gaap_FairValueByLiabilityClassAxis
= us-gaap_VariableAnnuityMember
/ dei_LegalEntityAxis
= wtm_WhiteMountainsLifeReMember
/ us-gaap_RangeAxis
= us-gaap_WeightedAverageMember
/ us-gaap_ValuationTechniqueAxis
= wtm_DiscountedCashFlowValuationTechniqueMember
/ wtm_VolatilityYearAxis
= wtm_YearOneMember
Foreign exchange volatilities (as a percent) 13.10%wtm_FairValueInputsForeignExchangeVolatilities
/ us-gaap_FairValueByLiabilityClassAxis
= us-gaap_VariableAnnuityMember
/ dei_LegalEntityAxis
= wtm_WhiteMountainsLifeReMember
/ us-gaap_RangeAxis
= us-gaap_WeightedAverageMember
/ us-gaap_ValuationTechniqueAxis
= wtm_DiscountedCashFlowValuationTechniqueMember
/ wtm_VolatilityYearAxis
= wtm_YearOneMember
Index volatilities (as a percent) 26.70%wtm_FairValueInputsIndexVolatilities
/ us-gaap_FairValueByLiabilityClassAxis
= us-gaap_VariableAnnuityMember
/ dei_LegalEntityAxis
= wtm_WhiteMountainsLifeReMember
/ us-gaap_RangeAxis
= us-gaap_WeightedAverageMember
/ us-gaap_ValuationTechniqueAxis
= wtm_DiscountedCashFlowValuationTechniqueMember
/ wtm_VolatilityYearAxis
= wtm_YearOneMember
Year Two | Variable annuity benefit guarantee liabilities | Discounted cash flows | Minimum
 
Quantitative information for Level 3 Fair Value Measurements Liabilities  
Surrenders (as a percent) 0.20%wtm_FairValueInputsSurrenders
/ us-gaap_FairValueByLiabilityClassAxis
= us-gaap_VariableAnnuityMember
/ dei_LegalEntityAxis
= wtm_WhiteMountainsLifeReMember
/ us-gaap_RangeAxis
= us-gaap_MinimumMember
/ us-gaap_ValuationTechniqueAxis
= wtm_DiscountedCashFlowValuationTechniqueMember
/ wtm_VolatilityYearAxis
= wtm_YearTwoMember
Foreign exchange volatilities (as a percent) 10.90%wtm_FairValueInputsForeignExchangeVolatilities
/ us-gaap_FairValueByLiabilityClassAxis
= us-gaap_VariableAnnuityMember
/ dei_LegalEntityAxis
= wtm_WhiteMountainsLifeReMember
/ us-gaap_RangeAxis
= us-gaap_MinimumMember
/ us-gaap_ValuationTechniqueAxis
= wtm_DiscountedCashFlowValuationTechniqueMember
/ wtm_VolatilityYearAxis
= wtm_YearTwoMember
Index volatilities (as a percent) 21.20%wtm_FairValueInputsIndexVolatilities
/ us-gaap_FairValueByLiabilityClassAxis
= us-gaap_VariableAnnuityMember
/ dei_LegalEntityAxis
= wtm_WhiteMountainsLifeReMember
/ us-gaap_RangeAxis
= us-gaap_MinimumMember
/ us-gaap_ValuationTechniqueAxis
= wtm_DiscountedCashFlowValuationTechniqueMember
/ wtm_VolatilityYearAxis
= wtm_YearTwoMember
Year Two | Variable annuity benefit guarantee liabilities | Discounted cash flows | Maximum
 
Quantitative information for Level 3 Fair Value Measurements Liabilities  
Surrenders (as a percent) 40.00%wtm_FairValueInputsSurrenders
/ us-gaap_FairValueByLiabilityClassAxis
= us-gaap_VariableAnnuityMember
/ dei_LegalEntityAxis
= wtm_WhiteMountainsLifeReMember
/ us-gaap_RangeAxis
= us-gaap_MaximumMember
/ us-gaap_ValuationTechniqueAxis
= wtm_DiscountedCashFlowValuationTechniqueMember
/ wtm_VolatilityYearAxis
= wtm_YearTwoMember
Foreign exchange volatilities (as a percent) 14.10%wtm_FairValueInputsForeignExchangeVolatilities
/ us-gaap_FairValueByLiabilityClassAxis
= us-gaap_VariableAnnuityMember
/ dei_LegalEntityAxis
= wtm_WhiteMountainsLifeReMember
/ us-gaap_RangeAxis
= us-gaap_MaximumMember
/ us-gaap_ValuationTechniqueAxis
= wtm_DiscountedCashFlowValuationTechniqueMember
/ wtm_VolatilityYearAxis
= wtm_YearTwoMember
Index volatilities (as a percent) 23.90%wtm_FairValueInputsIndexVolatilities
/ us-gaap_FairValueByLiabilityClassAxis
= us-gaap_VariableAnnuityMember
/ dei_LegalEntityAxis
= wtm_WhiteMountainsLifeReMember
/ us-gaap_RangeAxis
= us-gaap_MaximumMember
/ us-gaap_ValuationTechniqueAxis
= wtm_DiscountedCashFlowValuationTechniqueMember
/ wtm_VolatilityYearAxis
= wtm_YearTwoMember
Year Two | Variable annuity benefit guarantee liabilities | Discounted cash flows | Weighted Average
 
Quantitative information for Level 3 Fair Value Measurements Liabilities  
Surrenders (as a percent) 32.20%wtm_FairValueInputsSurrenders
/ us-gaap_FairValueByLiabilityClassAxis
= us-gaap_VariableAnnuityMember
/ dei_LegalEntityAxis
= wtm_WhiteMountainsLifeReMember
/ us-gaap_RangeAxis
= us-gaap_WeightedAverageMember
/ us-gaap_ValuationTechniqueAxis
= wtm_DiscountedCashFlowValuationTechniqueMember
/ wtm_VolatilityYearAxis
= wtm_YearTwoMember
Foreign exchange volatilities (as a percent) 12.50%wtm_FairValueInputsForeignExchangeVolatilities
/ us-gaap_FairValueByLiabilityClassAxis
= us-gaap_VariableAnnuityMember
/ dei_LegalEntityAxis
= wtm_WhiteMountainsLifeReMember
/ us-gaap_RangeAxis
= us-gaap_WeightedAverageMember
/ us-gaap_ValuationTechniqueAxis
= wtm_DiscountedCashFlowValuationTechniqueMember
/ wtm_VolatilityYearAxis
= wtm_YearTwoMember
Index volatilities (as a percent) 22.90%wtm_FairValueInputsIndexVolatilities
/ us-gaap_FairValueByLiabilityClassAxis
= us-gaap_VariableAnnuityMember
/ dei_LegalEntityAxis
= wtm_WhiteMountainsLifeReMember
/ us-gaap_RangeAxis
= us-gaap_WeightedAverageMember
/ us-gaap_ValuationTechniqueAxis
= wtm_DiscountedCashFlowValuationTechniqueMember
/ wtm_VolatilityYearAxis
= wtm_YearTwoMember