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CONSOLIDATED STATEMENTS OF OPERATIONS AND COMPREHENSIVE (LOSS) INCOME - USD ($)
$ in Millions
3 Months Ended 9 Months Ended
Sep. 30, 2016
Sep. 30, 2015
Sep. 30, 2016
Sep. 30, 2015
Revenues:        
Earned insurance premiums $ 281.3 $ 284.9 $ 838.1 $ 896.0
Net investment income 22.5 16.8 59.6 42.6
Net realized and unrealized investment gains (losses) 26.4 (43.9) 84.0 (33.9)
Other revenue 34.8 38.3 110.8 114.4
Total revenues 365.0 296.1 1,092.5 1,019.1
Expenses:        
Loss and loss adjustment expenses 165.0 170.0 508.1 534.1
Insurance and Reinsurance Acquisition Expenses 56.4 55.3 159.2 166.1
Other Underwriting Expense 49.6 56.5 156.0 165.5
General and administrative expenses 70.2 97.3 230.4 231.6
Interest expense 3.8 3.9 12.4 10.8
Total expenses 345.0 383.0 1,066.1 1,108.1
Pre-tax income (loss) from continuing operations 20.0 (86.9) 26.4 (89.0)
Income tax benefit (expense) 6.7 1.6 22.4 (0.8)
Net income (loss) from continuing operations 26.7 (85.3) 48.8 (89.8)
Net gain on sale of discontinued operations     414.5 18.2
Net income (loss) from discontinued operations, net of tax 14.0 (3.8) 7.1 59.1
Income (loss) before equity in earnings of unconsolidated affiliates 88.6 (78.8) 470.4 (12.5)
Equity in earnings of unconsolidated affiliates, net of tax 0.0 3.9 0.0 18.0
Net income 88.6 (74.9) 470.4 5.5
Net loss (income) attributable to non-controlling interests 3.1 16.0 (24.6) 24.2
Net income (loss) attributable to White Mountains’s common shareholders 91.7 (58.9) 445.8 29.7
Other comprehensive income (loss), net of tax:        
Change in equity in net unrealized gains (losses) from investments in Symetra common shares, net of tax 0.0 3.5 0.0 (29.4)
Change in foreign currency translation, pension liability and other, net of tax 0.2 0.1 0.3 0.3
Comprehensive income (loss) 91.9 (73.8) 591.4 (61.5)
Other comprehensive income (loss) attributable to non-controlling interests 0.1 (0.1) 0.1 (0.1)
Comprehensive income (loss) attributable to White Mountains’s common shareholders $ 92.0 $ (73.9) $ 591.5 $ (61.6)
Basic income (loss) per share        
Continuing operations $ 6.12 $ (11.10) $ 4.67 $ (8.01)
Discontinued operations 12.72 1.09 81.60 12.98
Total consolidated operations 18.84 (10.01) 86.27 4.97
Diluted income (loss) per share        
Continuing operations 6.11 (11.10) 4.66 (8.01)
Discontinued operations 12.69 1.09 81.47 12.98
Total consolidated operations 18.80 (10.01) 86.13 4.97
Dividends declared per White Mountains’s common share $ 0.00 $ 0.00 $ 1.00 $ 1.00
Sale of Tranzact [Member]        
Expenses:        
Net gain on sale of discontinued operations $ 51.9 $ 0.0 $ 51.9 $ 0.0
Sirius Group        
Revenues:        
Net realized and unrealized investment gains (losses)   0.8 3.7 3.5
Expenses:        
Net gain on sale of discontinued operations (4.0) 0.0 362.6 0.0
Other comprehensive income (loss), net of tax:        
Accumulated Other Comprehensive Income Loss Net Of Tax Other Period Increase Decrease 0.0 (18.5) 32.0 (62.1)
Esurance        
Expenses:        
Net gain on sale of discontinued operations   10.3   18.2
Sale of Sirius Group [Member]        
Other comprehensive income (loss), net of tax:        
Accumulated Other Comprehensive Income Loss Net Of Tax Other Period Increase Decrease $ 0.0 $ 0.0 $ 113.3 $ 0.0