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Goodwill and Other Intangible Assets (Tables)
12 Months Ended
Dec. 31, 2015
Goodwill and Intangible Assets Disclosure [Abstract]  
Schedule of Intangible Assets and Goodwill
The following table shows the economic lives, acquisition date values, accumulated amortization and net carrying values for other intangible assets and goodwill, for each company acquired:
$ in millions
 
Weighted Average Economic
 life
(in years)
 
December 31, 2015
 
December 31, 2014
 
Acquisition date fair value
 
Accumulated amortization
 
Net carrying value
 
Acquisition date fair value
 
Accumulated amortization
 
Net carrying value
Tranzact:
 
 
 
 
 
 
 
 
 
 
 
 
 
 
   Domain and trade names
 
7
 
$
30.5

 
$
5.4

 
$
25.1

 
$
25.6

 
$
.9

 
$
24.7

   Customer relationships
 
11
 
132.3

 
13.1

 
119.2

 
107.5

 
2.1

 
105.4

   Information technology
 
6
 
12.7

 
2.8

 
9.9

 
12.7

 
.5

 
12.2

   Other
 
8
 
2.0

 
.1

 
1.9

 
.5

 

 
.5

      Subtotal
 
 
 
177.5

 
21.4

 
156.1

 
146.3

 
3.5

 
142.8

 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
MediaAlpha:
 
 
 
 
 
 
 
 
 
 
 
 
 
 
   Customer relationships
 
4
 
6.5

 
2.9

 
3.6

 
6.5

 
1.2

 
5.3

   Information technology
 
5
 
32.0

 
11.2

 
20.8

 
32.0

 
4.8

 
27.2

      Subtotal
 
 
 
38.5

 
14.1

 
24.4

 
38.5

 
6.0

 
32.5

 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Wobi:
 
 
 
 
 
 
 
 
 
 
 
 
 
 
   Trademark
 
8
 
2.1

 
.5

 
1.6

 
2.1

 
.2

 
1.9

   Information technology
 
7
 
3.6

 
.7

 
2.9

 
.8

 
.2

 
.6

       Subtotal
 
 
 
5.7

 
1.2

 
4.5

 
2.9

 
.4

 
2.5

 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Star & Shield:
 
 
 
 
 
 
 
 
 
 
 
 
 
 
   Customer relationships
 
3
 
1.2

 
.8

 
.4

 
1.2

 
.4

 
.8

  
 
 
 
 
 
 
 
 
 
 
 
 
 
 
OneBeacon (EBI)
 
10
 
9.4

 
7.0

 
2.4

 
9.4

 
5.7

 
3.7

 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Total other intangible assets
 
232.3

 
44.5

 
187.8

 
198.3

 
16.0

 
182.3

 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Goodwill:
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Tranzact
 
N/A
 
163.8

 

 
163.8

 
145.1

 

 
145.1

Quote Lab
 
N/A
 
18.3

 

 
18.3

 
18.3

 

 
18.3

Wobi
 
N/A
 
5.8

 

 
5.8

 
5.5

 

 
5.5

Total goodwill
 
187.9

 

 
187.9

 
168.9

 

 
168.9

 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Total goodwill and other intangible assets
 
$
420.2

 
$
44.5

 
$
375.7

 
$
367.2

 
$
16.0

 
$
351.2

Schedule of Goodwill and Intangible Assets Rollforward
The following table shows the change in goodwill and other intangible assets:
 
 
December 31,
Millions
 
2015
 
2014
 
 
Goodwill
 
Other intangible assets
 
Goodwill
 
Other intangible assets
Beginning balance
 
$
168.9

 
$
182.3

 
$

 
$
5.1

Acquisitions of businesses
 
19.0

 
34.0

 
168.9

 
188.9

Dispositions of businesses
 

 

 

 

Amortization, including foreign currency translation
 

 
(28.5
)
 

 
(11.7
)
Ending balance
 
$
187.9

 
$
187.8

 
$
168.9

 
$
182.3

Schedule of Finite-Lived Intangible Assets, Future Amortization Expense
White Mountains expects to recognize amortization expense in each of the next five years as follows:
Millions
 
Amortization expense
2016
 
$
30.4

2017
 
29.6

2018
 
27.2

2019
 
19.4

2020
 
16.1

Total
 
$
122.7