CONSOLIDATED BALANCE SHEETS CONSOLIDATED BALANCE SHEETS - USD ($) $ in Millions	Mar. 31, 2019	Dec. 31, 2018
Assets
Goodwill and other intangible assets	$ 510.2	$ 537.5
Total assets	3,629.7	3,362.6
Liabilities
Debt	195.4	192.7
Total liabilities	651.4	644.4
White Mountains’s common shareholders’ equity
White Mountains’ common shares	3.2	3.2
Paid-in surplus	582.6	580.8
Retained earnings	2,542.3	2,264.9
Accumulated other comprehensive loss, after tax:
Net unrealized foreign currency translation losses	(6.1)	(5.8)
Total White Mountains’s common shareholders’ equity	3,122.0	2,843.1
Non-controlling interests
Non-controlling interests	(143.7)	(124.9)
Total equity	2,978.3	2,718.2
Total liabilities and equity	3,629.7	3,362.6
HG Global-BAM
Assets
Fixed maturity investments, at fair value	737.6	701.4
Short-term investments, at fair value	31.8	66.9
Total investments	769.4	768.3
Cash (restricted $60.8 and $50.0)	10.4	12.5
Insurance premiums receivable	6.5	6.4
Deferred acquisition costs	19.6	19.0
Accrued investment income	5.4	4.9
Accounts receivable on unsettled investment sales	6.1	0.0
Other assets	17.1	5.1
Total assets	834.5	816.2
Liabilities
Unearned insurance premiums	179.6	176.0
Accrued incentive compensation	10.1	20.4
Accounts payable on unsettled investment purchases	1.6	2.2
Other liabilities	28.1	13.9
Total liabilities	219.4	212.5
NSM Holding Co LLC
Assets
Short-term investments, at fair value	0.0	1.7
Cash (restricted $60.8 and $50.0)	84.5	66.2
Insurance premiums receivable	51.9	44.0
Goodwill and other intangible assets	488.7	486.2
Other assets	36.0	28.9
Total assets	661.1	627.0
Liabilities
Debt	184.5	178.5
Premiums payable	93.4	77.2
Contingent consideration earnout liabilities	27.5	20.2
Other liabilities	46.1	38.9
Total liabilities	351.5	314.8
Non-controlling interests
Non-controlling interests	14.2	13.6
MediaAlpha
Assets
Cash (restricted $60.8 and $50.0)	0.0	5.7
Goodwill and other intangible assets	0.0	43.4
Accounts receivable from publishers and advertisers	0.0	37.0
Other assets	0.0	2.3
Total assets	0.0	88.4
Liabilities
Debt	0.0	14.2
Amounts due to publishers and advertisers	0.0	27.0
Other liabilities	0.0	5.7
Total liabilities	0.0	46.9
Non-controlling interests
Non-controlling interests	0.0	16.2
Other Segment
Assets
Fixed maturity investments, at fair value	394.4	376.1
Short-term investments, at fair value	238.0	145.6
Common equity securities, at fair value	905.0	925.6
Other long-term investments	497.6	325.6
Total investments	2,035.0	1,772.9
Cash (restricted $60.8 and $50.0)	37.3	25.9
Accrued investment income	5.9	5.5
Accounts receivable on unsettled investment sales	2.1	0.0
Goodwill and other intangible assets	21.5	7.9
Other assets	29.0	15.5
Assets held for sale	3.3	3.3
Total assets	2,134.1	1,831.0
Liabilities
Debt	10.9	0.0
Accrued incentive compensation	26.1	38.9
Accounts payable on unsettled investment purchases	4.0	5.0
Other liabilities	39.5	26.3
Total liabilities	$ 80.5	$ 70.2