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CONSOLIDATED STATEMENTS OF OPERATIONS AND COMPREHENSIVE INCOME - USD ($)
$ in Millions
12 Months Ended
Dec. 31, 2016
Dec. 31, 2015
Dec. 31, 2014
Gain (loss) from sale of other discontinued operations, net of tax $ 415.1 $ 18.2 $ (1.6)
Revenues      
Earned insurance premiums 1,114.0 1,188.2 1,185.0
Net investment income 86.8 60.8 59.5
Net realized and unrealized investment gains 10.3 225.4 78.5
Other revenue 149.6 147.3 88.1
Total revenues 1,360.7 1,621.7 1,411.1
Expenses      
Loss and loss adjustment expenses 664.0 708.9 824.0
Insurance acquisition expenses 211.6 220.1 206.2
Other underwriting expenses 209.5 218.6 179.6
General and administrative expenses 299.9 302.2 216.5
Interest expense on debt 16.1 14.6 14.2
Total expenses 1,401.1 1,464.4 1,440.5
Pre-tax (loss) income from continuing operations (40.4) 157.3 (29.4)
Income Tax Expense (Benefit) 45.4 0.2 14.8
Net income (loss) from continuing operations 5.0 157.5 (14.6)
Net (loss) income from discontinued operations, net of tax (0.3) 78.7 260.6
Income before equity in earnings of unconsolidated affiliates 419.8 254.4 244.4
Equity in earnings of unconsolidated affiliates, net of tax 0.0 25.1 45.6
Net income 419.8 279.5 290.0
Net (income) loss attributable to non-controlling interests (7.3) 18.1 22.2
Net income attributable to White Mountains’s common shareholders 412.5 297.6 312.2
Other comprehensive income, net of tax:      
Change in equity in net unrealized investment (losses) gains in Symetra common shares, net of tax 0.0 (34.9) 75.3
OCI, Change in foreign currency transaction and translation adjustment, net of tax 0.3 (0.5) (10.7)
Recognition of foreign currency translation and other from sale of Sirius Group, net of tax   0.0 0.0
Comprehensive income 558.1 197.2 207.3
Comprehensive (income) loss attributable to non-controlling interests (0.3) 0.0 3.3
Comprehensive income attributable to White Mountains’s common shareholders $ 557.8 $ 197.2 $ 210.6
Basic earnings per share      
Continuing operations $ (0.47) $ 34.12 $ 8.70
Discontinued operations 82.71 16.48 42.43
Total consolidated operations 82.24 50.60 51.13
Diluted earnings per share      
Continuing operations (0.47) 34.12 8.70
Discontinued operations 82.66 16.48 42.43
Total consolidated operations 82.19 50.60 51.13
Dividends declared and paid per White Mountains’s common share $ 1.00 $ 1.00 $ 1.00
Sirius Group      
Gain (loss) from sale of other discontinued operations, net of tax $ 363.2    
Revenues      
Net realized and unrealized investment gains 3.7 $ 205.0 $ 2.7
Tranzact      
Gain (loss) from sale of other discontinued operations, net of tax 51.9    
Esurance [Member]      
Gain (loss) from sale of other discontinued operations, net of tax 0.0 17.9 3.2
Other Discontinued Operations [Member]      
Gain (loss) from sale of other discontinued operations, net of tax 0.0 0.3 (4.8)
Sale of Sirius Group [Member]      
Other comprehensive income, net of tax:      
OCI, Change in foreign currency transaction and translation adjustment, net of tax 32.0 $ (65.0) $ (169.5)
Recognition of foreign currency translation and other from sale of Sirius Group, net of tax $ 113.3