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CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Millions
Sep. 30, 2015
Dec. 31, 2014
Assets    
Fixed maturity investments, at fair value $ 2,602.2 $ 2,422.0
Short-term investments, at amortized cost (which approximates fair value) 325.0 376.8
Common equity securities, at fair value 482.1 611.7
Convertible fixed maturity and preferred investments, at fair value 5.6 13.9
Other long-term investments 294.6 318.0
Total investments 3,709.5 3,742.4
Cash (restricted: $16.8 and $23.7) 200.0 261.7
Reinsurance recoverable on unpaid losses 214.6 161.7
Reinsurance recoverable on paid losses 22.6 12.2
Insurance premiums receivable 273.3 241.1
Funds held by ceding entities 4.6 37.1
Investments in unconsolidated affiliates 392.6 414.4
Deferred acquisition costs 110.8 107.2
Deferred tax asset 133.9 114.6
Ceded unearned insurance premiums 41.4 17.8
Accrued investment income 13.7 14.3
Accounts receivable on unsettled investment sales 11.5 37.8
Goodwill and intangible assets 381.7 351.2
Other assets 307.7 311.6
Assets held for sale 4,528.1 4,630.6
Total assets 10,346.0 10,455.7
Liabilities    
Loss and loss adjustment expense reserves 1,433.3 1,350.0
Unearned insurance premiums 671.3 616.7
Debt 383.3 343.1
Accrued incentive compensation 121.0 108.1
Ceded reinsurance payable 46.8 34.2
Funds held under insurance contracts 100.3 81.0
Accounts payable on unsettled investment purchases 46.0 0.5
Other liabilities 304.9 278.4
Total liabilities held for sale 3,032.8 3,105.3
Total liabilities 6,139.7 5,917.3
White Mountains’s common shareholders’ equity    
White Mountains’ common shares 5.7 6.0
Paid-in surplus 992.3 1,028.7
Retained earnings 2,888.3 3,010.5
Accumulated other comprehensive income (loss), after tax:    
Equity in net unrealized gains from investment in Symetra common shares 5.5 34.9
Net unrealized foreign currency translation losses (142.4) (79.8)
Pension liability and other (3.9) (4.6)
Total White Mountains’s common shareholders’ equity 3,745.5 3,995.7
Non-controlling interests    
Total non-controlling interests 460.8 542.7
Total equity 4,206.3 4,538.4
Total liabilities and equity 10,346.0 10,455.7
OneBeacon    
Non-controlling interests    
Total non-controlling interests 246.9 258.4
Sirius Group    
Non-controlling interests    
Total non-controlling interests 250.0 250.0
Mutuals and reciprocals    
Non-controlling interests    
Total non-controlling interests (149.4) (134.3)
Other Noncontrolling Interest    
Non-controlling interests    
Total non-controlling interests $ 113.3 $ 168.6