CONSOLIDATED BALANCE SHEETS - USD ($) $ in Millions	Jun. 30, 2015	Dec. 31, 2014
Assets
Fixed maturity investments, at fair value	$ 4,874.5	$ 4,784.3
Short-term investments, at amortized cost (which approximates fair value)	840.5	871.7
Common equity securities, at fair value	713.8	801.6
Convertible fixed maturity and preferred investments, at fair value	4.5	20.5
Other long-term investments	390.1	407.0
Total investments	6,823.4	6,885.1
Cash (restricted: $20.9 and $23.7)	354.2	373.2
Reinsurance recoverable on unpaid losses	427.5	483.9
Reinsurance recoverable on paid losses	31.7	23.6
Insurance and reinsurance premiums receivable	711.9	547.7
Funds held by ceding entities	137.4	129.0
Investments in unconsolidated affiliates	397.2	414.4
Deferred acquisition costs	198.1	177.1
Deferred tax asset	440.2	456.1
Ceded unearned insurance and reinsurance premiums	172.4	94.0
Accrued investment income	33.7	34.5
Accounts receivable on unsettled investment sales	23.3	56.5
Goodwill and intangible assets	355.6	366.4
Other assets	322.7	356.1
Assets held for sale	0.0	58.1
Total assets	10,429.3	10,455.7
Liabilities
Loss and loss adjustment expense reserves	3,031.8	3,159.8
Unearned insurance and reinsurance premiums	1,110.8	955.3
Debt	748.5	746.6
Deferred tax liability	264.8	282.8
Accrued incentive compensation	124.9	184.6
Ceded reinsurance payable	189.6	105.7
Funds held under insurance and reinsurance contracts	145.4	138.9
Accounts payable on unsettled investment purchases	57.7	2.6
Other liabilities	297.3	341.0
Total liabilities	5,970.8	5,917.3
White Mountains’s common shareholders’ equity
White Mountains’ common shares	6.0	6.0
Paid-in surplus	1,025.2	1,028.7
Retained earnings	3,069.2	3,010.5
Accumulated other comprehensive income (loss), after tax:
Equity in net unrealized gains from investment in Symetra common shares	2.0	34.9
Net unrealized foreign currency translation losses	(123.7)	(79.8)
Pension liability and other	(4.1)	(4.6)
Total White Mountains’s common shareholders’ equity	3,974.6	3,995.7
Non-controlling interests
Total non-controlling interests	483.9	542.7
Total equity	4,458.5	4,538.4
Total liabilities and equity	10,429.3	10,455.7
OneBeacon
Non-controlling interests
Total non-controlling interests	255.0	258.4
Sirius Group
Non-controlling interests
Total non-controlling interests	250.0	250.0
Mutuals and reciprocals
Non-controlling interests
Total non-controlling interests	(146.2)	(134.3)
Other Noncontrolling Interest
Non-controlling interests
Total non-controlling interests	$ 125.1	$ 168.6