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CONSOLIDATED STATEMENTS OF OPERATIONS AND COMPREHENSIVE (LOSS) INCOME - USD ($)
$ in Millions
3 Months Ended 6 Months Ended
Jun. 30, 2016
Jun. 30, 2015
Jun. 30, 2016
Jun. 30, 2015
Revenues:        
Earned insurance premiums $ 274.7 $ 321.8 $ 556.8 $ 611.1
Net investment income 19.2 13.2 37.1 25.8
Net realized and unrealized investment gains (losses) 28.1 (15.0) 57.6 10.0
Other revenue 36.2 48.7 76.0 76.1
Total revenues 358.2 368.7 727.5 723.0
Expenses:        
Loss and loss adjustment expenses 182.0 196.2 343.1 364.1
Insurance and Reinsurance Acquisition Expenses 50.1 57.8 102.8 110.8
Other Underwriting Expense 51.0 53.0 106.4 109.0
General and administrative expenses 73.1 63.4 160.2 134.3
Interest expense 4.1 3.4 8.6 6.9
Total expenses 360.3 373.8 721.1 725.1
Pre-tax (loss) income from continuing operations (2.1) (5.1) 6.4 (2.1)
Income tax benefit (expense) 6.0 2.2 15.7 (2.4)
Net income (loss) from continuing operations 3.9 (2.9) 22.1 (4.5)
Net gain on sale of discontinued operations 366.6 (0.1) 366.6 7.9
Net (loss) income from discontinued operations, net of tax (8.0) (0.4) (6.9) 62.9
Income (loss) before equity in earnings of unconsolidated affiliates 362.5 (3.4) 381.8 66.3
Equity in earnings of unconsolidated affiliates, net of tax 0.0 6.8 0.0 14.1
Net income 362.5 3.4 381.8 80.4
Net (income) loss attributable to non-controlling interests (21.4) 0.9 (27.7) 8.2
Net income attributable to White Mountains’s common shareholders 341.1 4.3 354.1 88.6
Other comprehensive (loss) income, net of tax:        
Change in equity in net unrealized gains from investments in Symetra common shares, net of tax 0.0 (61.8) 0.0 (32.9)
Change in foreign currency translation, pension liability and other, net of tax 0.0 0.2 0.1 0.2
Comprehensive income (loss) 449.2 (13.3) 499.5 12.3
Other comprehensive (loss) income attributable to non-controlling interests 0.0 0.0 0.0 0.0
Comprehensive income (loss) attributable to White Mountains’s common shareholders $ 449.2 $ (13.3) $ 499.5 $ 12.3
Basic income per share        
Continuing operations $ (3.44) $ 0.80 $ (1.07) $ 2.96
Discontinued operations 70.37 (0.08) 67.64 11.84
Total consolidated operations 66.93 0.72 66.57 14.80
Diluted income per share        
Continuing operations (3.43) 0.80 (1.06) 2.96
Discontinued operations 70.22 (0.08) 67.56 11.84
Total consolidated operations 66.79 0.72 66.50 14.80
Dividends declared per White Mountains’s common share $ 0.00 $ 0.00 $ 1.00 $ 1.00
Sirius Group        
Revenues:        
Net realized and unrealized investment gains (losses) $ 0.4 $ 2.4 $ 3.7 $ 2.7
Expenses:        
Net gain on sale of discontinued operations     366.6  
Other comprehensive (loss) income, net of tax:        
Accumulated Other Comprehensive Income Loss Net Of Tax Other Period Increase Decrease (5.2) 44.0 32.0 (43.6)
Sale of Sirius Group [Member]        
Other comprehensive (loss) income, net of tax:        
Accumulated Other Comprehensive Income Loss Net Of Tax Other Period Increase Decrease $ 113.3 $ 0.0 $ 113.3 $ 0.0