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CONSOLIDATED STATEMENTS OF OPERATIONS AND COMPREHENSIVE (LOSS) INCOME - USD ($)
$ in Millions
3 Months Ended 9 Months Ended
Sep. 30, 2015
Sep. 30, 2014
Sep. 30, 2015
Sep. 30, 2014
Revenues:        
Earned insurance premiums $ 284.9 $ 307.2 $ 896.0 $ 879.1
Net investment income 16.8 13.8 42.6 44.7
Net realized and unrealized investment (losses) gains (43.9) (27.5) (33.9) 64.4
Other revenue 76.9 29.7 225.4 60.3
Total revenues 334.7 323.2 1,130.1 1,048.5
Expenses:        
Loss and loss adjustment expenses 170.0 185.5 534.1 527.3
Insurance and Reinsurance Acquisition Expenses 55.3 55.2 166.1 153.0
Other Underwriting Expense 56.5 51.3 165.5 152.6
General and administrative expenses 142.6 63.0 354.1 168.3
Interest expense 4.9 3.7 13.5 10.6
Total expenses 429.3 358.7 1,233.3 1,011.8
Pre-tax (loss) income from continuing operations (94.6) (35.5) (103.2) 36.7
Income tax benefit (expense) 1.6 4.7 (0.8) (11.4)
Net (loss) income from continuing operations (93.0) (30.8) (104.0) 25.3
Net gain on sale of discontinued operations 10.3 7.0 18.2 9.7
Net income from discontinued operations, net of tax 3.9 56.9 73.3 166.8
(Loss) Income before equity in earnings of unconsolidated affiliates (78.8) 33.1 (12.5) 201.8
Equity in earnings of unconsolidated affiliates, net of tax 3.9 7.0 18.0 33.3
Net income (74.9) 40.1 5.5 235.1
Net loss attributable to non-controlling interests 16.0 11.2 24.2 7.2
Net (loss) income attributable to White Mountains’s common shareholders (58.9) 51.3 29.7 242.3
Other comprehensive (loss) income, net of tax:        
Change in equity in net unrealized gains (losses) from investments in Symetra common shares, net of tax 3.5 (9.9) (29.4) 59.5
Change in foreign currency translation, pension liability and other 0.0 (0.2) 0.3 (0.1)
Comprehensive (loss) income (73.8) (22.9) (61.5) 201.8
Other comprehensive (loss) income attributable to non-controlling interests (0.1) 0.1 (0.1) 0.1
Comprehensive (loss) income attributable to White Mountains’s common shareholders $ (73.9) $ (22.8) $ (61.6) $ 201.9
Basic income per share        
Continuing operations $ (12.42) $ (2.07) $ (10.40) $ 10.70
Discontinued operations 2.41 10.49 15.37 28.74
Total consolidated operations (10.01) 8.42 4.97 39.44
Diluted income per share        
Continuing operations (12.42) (2.07) (10.40) 10.70
Discontinued operations 2.41 10.49 15.37 28.74
Total consolidated operations (10.01) 8.42 4.97 39.44
Dividends declared per White Mountains’s common share $ 1.00 $ 1.00 $ 1.00 $ 1.00
Sirius Group        
Other comprehensive (loss) income, net of tax:        
Accumulated Other Comprehensive Income Loss Net Of Tax Other Period Increase Decrease $ (18.4) $ (64.1) $ (62.1) $ (99.9)