Municipal Bond Guarantee (Tables)

6 Months Ended

Jun. 30, 2018

Schedule of Municipal Bond Guarantee Insured Obligations

The following table presents a schedule of BAM’s insured obligations:



	June 30, 2018		December 31, 2017
Contracts outstanding	6,914		6,371
Remaining weighted average contract period outstanding (in years)	10.8		10.9
Contractual debt service outstanding (in millions):
Principal	$	45,690.3	$	42,090.6
Interest	22,892.2		21,057.1
Total debt service outstanding	$	68,582.5	$	63,147.7

Gross unearned insurance premiums	$	155.5	$	136.8

Financial Guarantee Insurance Contracts, Premium Received over Contract Period

The following table presents a schedule of BAM’s future premium revenues as of June 30, 2018:



Millions	June 30, 2018
July 1, 2018 - December 31, 2018	$	6.5

January 1, 2019 - March 31, 2019	3.2
April 1, 2019 - June 30, 2019	3.2
July 1, 2019 - September 30, 2019	3.2
October 1, 2019 - December 31, 2019	3.1
	12.7

2020	12.2
2021	11.7
2022	11.2
2023 and thereafter	101.2
Total gross unearned insurance premiums	$	155.5

Schedule of Net Written Premiums

The following table presents a schedule of net written premiums included in White Mountains’s HG Global/BAM segment for the three months years ended June 30, 2018 and 2017:



	Three Months Ended June 30,				Six Months Ended June 30,
Millions	2018		2017		2018		2017
Gross written premiums	$	18.6	$	12.4	$	25.0	$	31.1
Assumed (ceded) written premiums	—		—		—		—
Net written premiums	$	18.6	$	12.4	$	25.0	$	31.1