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CONSOLIDATED STATEMENTS OF OPERATIONS AND COMPREHENSIVE INCOME - USD ($)
$ in Millions
12 Months Ended
Dec. 31, 2015
Dec. 31, 2014
Dec. 31, 2013
Revenues      
Earned insurance premiums $ 1,188.2 $ 1,185.0 $ 1,120.9
Net investment income 60.8 59.5 59.8
Net realized and unrealized investment gains 225.4 78.5 133.9
Other revenue 334.2 131.1 47.0
Total revenues 1,808.6 1,454.1 1,361.6
Expenses      
Loss and loss adjustment expenses 708.9 824.0 622.1
Insurance and reinsurance acquisition expenses 220.1 206.2 210.4
Other underwriting expenses 218.6 179.6 205.2
General and administrative expenses 487.5 257.7 149.1
Interest expense on debt 18.6 15.6 16.2
Total expenses 1,653.7 1,483.1 1,203.0
Pre-tax income (loss) 154.9 (29.0) 158.6
Income tax (expense) benefit 0.7 14.8 (32.6)
Net income (loss) from continuing operations 155.6 (14.2) 126.0
Gain (loss) on sale of discontinued operations, net of tax 18.2 (1.6) 46.6
Net income from discontinued operations, net of tax 80.6 260.2 99.9
Income before equity in earnings of unconsolidated affiliates 254.4 244.4 272.5
Equity in earnings of unconsolidated affiliates, net of tax 25.1 45.6 36.6
Net income 279.5 290.0 309.1
Net loss attributable to non-controlling interests 18.1 22.2 12.5
Net income attributable to White Mountains’s common shareholders 297.6 312.2 321.6
Other comprehensive income, net of tax:      
Change in equity in net unrealized (losses) gains from investments in Symetra common shares, net of tax (34.9) 75.3 (98.1)
Change in foreign currency translation, net of tax (65.8) (168.5) 2.7
Net change in pension liability and other, net of tax 0.3 (11.7) 20.8
Comprehensive income 197.2 207.3 247.0
Comprehensive loss (income) attributable to non-controlling interests 0.0 3.3 (5.2)
Comprehensive income attributable to White Mountains’s common shareholders $ 197.2 $ 210.6 $ 241.8
Basic earnings per share      
Continuing operations $ 33.80 $ 8.77 $ 28.22
Discontinued operations 16.80 42.36 23.63
Total consolidated operations 50.60 51.13 51.85
Diluted earnings per share      
Continuing operations 33.80 8.77 28.22
Discontinued operations 16.80 42.36 23.63
Total consolidated operations 50.60 51.13 51.85
Dividends declared and paid per White Mountains’s common share $ 1.00 $ 1.00 $ 1.00