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Segment Information (Tables)
6 Months Ended
Jun. 30, 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 June 30, 2015
 
 

 
 

 
 
 
 
 
 

 
 

Earned insurance and reinsurance premiums
 
$
319.3

 
$
215.5

 
$
.6

 
$
.1

 
$
1.8

 
$
537.3

Net investment income
 
10.1

 
9.3

 
.5

 
.8

 
3.1

 
23.8

Net investment income (loss) - surplus note
   interest
 

 

 
3.9

 
(3.9
)
 

 

Net realized and unrealized investment losses
 
(14.0
)
 
(42.7
)
 
(1.4
)
 
(1.9
)
 
(1.1
)
 
(61.1
)
Other (loss) revenue
 
(1.2
)
 
5.4

 

 
.2

 
83.1

 
87.5

Total revenues
 
314.2

 
187.5

 
3.6

 
(4.7
)
 
86.9

 
587.5

Losses and LAE
 
194.5

 
92.1

 

 

 
1.7

 
288.3

Insurance and reinsurance acquisition expenses
 
56.4

 
47.5

 
.1

 
.6

 
.7

 
105.3

Other underwriting expenses
 
52.9

 
27.7

 

 
.1

 

 
80.7

General and administrative expenses
 
4.2

 
6.8

 
.4

 
8.7

 
88.0

 
108.1

Interest expense
 
3.3

 
6.6

 

 

 
1.0

 
10.9

Total expenses
 
311.3

 
180.7

 
.5

 
9.4

 
91.4

 
593.3

Pre-tax income (loss)
 
$
2.9

 
$
6.8

 
$
3.1

 
$
(14.1
)
 
$
(4.5
)
 
$
(5.8
)
 
 
 
 
 
 
HG Global/BAM
 
 
 
 
Millions
 
OneBeacon
 
Sirius
Group
 
HG
 
BAM
 
Other Operations
 
Total
Six Months Ended June 30, 2015
 
 

 
 

 
 
 
 
 
 

 
 

Earned insurance and reinsurance premiums
 
$
605.9

 
$
420.5

 
$
1.1

 
$
.3

 
$
3.8

 
$
1,031.6

Net investment income
 
20.6

 
17.3

 
.9

 
1.8

 
6.5

 
47.1

Net investment income (loss) - surplus note
   interest
 

 

 
7.9

 
(7.9
)
 

 

Net realized and unrealized investment gains (loses)
 
.2

 
37.2

 
(.3
)
 
1.1

 
4.1

 
42.3

Other revenue (loss)
 
(4.3
)
 
(22.0
)
 

 
.3

 
149.3

 
123.3

Total revenues
 
622.4

 
453.0

 
9.6

 
(4.4
)
 
163.7

 
1,244.3

Losses and LAE
 
360.4

 
189.6

 

 

 
3.7

 
553.7

Insurance and reinsurance acquisition expenses
 
107.4

 
90.1

 
.2

 
1.4

 
1.8

 
200.9

Other underwriting expenses
 
108.8

 
53.2

 

 
.2

 

 
162.2

General and administrative expenses
 
8.3

 
13.0

 
.8

 
16.9

 
185.5

 
224.5

Interest expense
 
6.5

 
13.4

 

 

 
2.1

 
22.0

Total expenses
 
591.4

 
359.3

 
1.0

 
18.5

 
193.1

 
1,163.3

Pre-tax income (loss)
 
$
31.0

 
$
93.7

 
$
8.6

 
$
(22.9
)
 
$
(29.4
)
 
$
81.0

 
 
 
 
 
 
HG Global/BAM
 
 
 
 
Millions
 
OneBeacon
 
Sirius
Group
 
HG
 
BAM
 
Other Operations
 
Total
Three Months Ended June 30, 2014
 
 

 
 

 
 
 
 
 
 

 
 

Earned insurance and reinsurance premiums
 
$
290.9

 
$
209.6

 
$
.3

 
$
.1

 
$
2.5

 
$
503.4

Net investment income
 
12.2

 
11.8

 
.3

 
1.4

 
3.9

 
29.6

Net investment income (loss) - surplus note
   interest
 

 

 
4.0

 
(4.0
)
 

 

Net realized and unrealized investment gains
 
21.9

 
58.4

 
.9

 
3.8

 
28.9

 
113.9

Other revenue (loss)
 
1.0

 
(19.2
)
 

 
.1

 
24.5

 
6.4

Total revenues
 
326.0

 
260.6

 
5.5

 
1.4

 
59.8

 
653.3

Losses and LAE
 
186.1

 
91.4

 

 

 
5.2

 
282.7

Insurance and reinsurance acquisition expenses
 
49.6

 
48.8

 
.1

 
.5

 
(.1
)
 
98.9

Other underwriting expenses
 
51.7

 
30.2

 

 
.1

 
(.1
)
 
81.9

General and administrative expenses
 
3.6

 
6.9

 
.4

 
8.8

 
50.6

 
70.3

Interest expense
 
3.3

 
6.6

 

 

 
.1

 
10.0

Total expenses
 
294.3

 
183.9

 
.5

 
9.4

 
55.7

 
543.8

Pre-tax income (loss)
 
$
31.7

 
$
76.7

 
$
5.0

 
$
(8.0
)
 
$
4.1

 
$
109.5

 
 
 
 
 
 
HG Global/BAM
 
 
 
 
Millions
 
OneBeacon
 
Sirius
Group
 
HG
 
BAM
 
Other Operations
 
Total
Six Months Ended June 30, 2014
 
 

 
 

 
 
 
 
 
 

 
 

Earned insurance and reinsurance premiums
 
$
567.4

 
$
425.1

 
$
.5

 
$
.2

 
$
3.8

 
$
997.0

Net investment income
 
22.6

 
20.5

 
.6

 
2.8

 
7.8

 
54.3

Net investment income (loss) - surplus note
   interest
 

 

 
7.9

 
(7.9
)
 

 

Net realized and unrealized investment gains
 
40.8

 
86.5

 
1.6

 
6.8

 
42.0

 
177.7

Other revenue (loss)
 
2.0

 
(24.5
)
 

 
.3

 
25.2

 
3.0

Total revenues
 
632.8

 
507.6

 
10.6

 
2.2

 
78.8

 
1,232.0

Losses and LAE
 
335.5

 
170.2

 

 

 
6.3

 
512.0

Insurance and reinsurance acquisition expenses
 
96.3

 
96.2

 
.2

 
.9

 
.4

 
194.0

Other underwriting expenses
 
101.1

 
62.0

 

 
.2

 

 
163.3

General and administrative expenses
 
6.9

 
15.3

 
.8

 
17.7

 
79.9

 
120.6

Interest expense
 
6.5

 
13.2

 

 

 
.4

 
20.1

Total expenses
 
546.3

 
356.9

 
1.0

 
18.8

 
87.0

 
1,010.0

Pre-tax income (loss)
 
$
86.5

 
$
150.7

 
$
9.6

 
$
(16.6
)
 
$
(8.2
)
 
$
222.0