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CONSOLIDATED STATEMENTS OF OPERATIONS (Unaudited) - USD ($)
$ in Millions
3 Months Ended
Mar. 31, 2019
Mar. 31, 2018
Revenues:    
Net investment income $ 16.0 $ 19.7
Net realized and unrealized investment gains (losses) 245.6 (53.7)
Total revenues 433.6 42.1
Expenses:    
Amortization of other intangible assets 6.6  
Total expenses 151.9 108.1
Pre-tax income (loss) from continuing operations 281.7 (66.0)
Income tax expense (10.2) (0.7)
Net income (loss) from continuing operations 271.5 (66.7)
Net gain from sale of discontinued operations, net of tax 0.7 0.1
Net income (loss) 272.2 (66.6)
Net loss attributable to non-controlling interests 12.2 18.6
Net income (loss) attributable to White Mountains’s common shareholders 284.4 (48.0)
HG Global-BAM    
Revenues:    
Earned insurance premiums 4.2 3.0
Net investment income 5.3 3.7
Net realized and unrealized investment gains (losses) 11.8 (7.9)
Other revenue 0.6 0.2
Expenses:    
Insurance acquisition expenses 1.3 1.4
General and administrative expenses 14.4 11.9
NSM Holding Co LLC    
Revenues:    
Commission revenues 43.3 0.0
Other revenue 6.0 0.0
Total revenues 49.3 0.0
Expenses:    
General and administrative expenses 25.1 0.0
Broker commission expense 15.7 0.0
Change in fair value of contingent consideration earnout liabilities 1.3 0.0
Amortization of other intangible assets 5.0 0.0
Interest expense 3.7 0.0
Total expenses 50.8 0.0
MediaAlpha    
Revenues:    
Commission revenues 48.8 70.1
Other revenue 0.0 1.6
Expenses:    
Cost of sales 40.6 57.4
General and administrative expenses 12.5 11.2
Amortization of other intangible assets 1.6 2.9
Interest expense 0.2 0.4
Other Segment    
Revenues:    
Earned insurance premiums 0.0 0.0
Net investment income 10.7 16.0
Net realized and unrealized investment gains (losses) 119.1 (45.8)
Realized and unrealized gains from the MediaAlpha Transaction   0.0
Commission revenues 1.3 0.9
Other revenue 0.3 0.3
Expenses:    
Insurance acquisition expenses 0.0 0.0
Cost of sales 1.1 0.7
General and administrative expenses 29.4 22.0
Amortization of other intangible assets 0.0 0.0
Interest expense 0.0 0.2
HG Global-BAM | HG Global-BAM    
Revenues:    
Commission revenues 0.0 0.0
Total revenues 21.9 (1.0)
Expenses:    
Cost of sales 0.0 0.0
Broker commission expense 0.0  
Change in fair value of contingent consideration earnout liabilities 0.0  
Amortization of other intangible assets 0.0  
Interest expense 0.0 0.0
Total expenses 15.7 13.3
Pre-tax income (loss) from continuing operations 6.2 (14.3)
NSM Holding Co LLC | NSM Holding Co LLC    
Revenues:    
Earned insurance premiums 0.0  
Net investment income 0.0  
Net realized and unrealized investment gains (losses) 0.0  
Total revenues 49.3  
Expenses:    
Insurance acquisition expenses 0.0  
Cost of sales 0.0  
Pre-tax income (loss) from continuing operations (1.5)  
MediaAlpha | MediaAlpha    
Revenues:    
Earned insurance premiums   0.0
Net investment income   0.0
Net realized and unrealized investment gains (losses)   0.0
Total revenues 48.8 71.7
Expenses:    
Broker commission expense 0.0  
Change in fair value of contingent consideration earnout liabilities 0.0  
Total expenses 54.9 71.9
Pre-tax income (loss) from continuing operations (6.1) (0.2)
Other Operations | Other Segment    
Revenues:    
Total revenues 313.6 (28.6)
Expenses:    
Broker commission expense 0.0  
Change in fair value of contingent consideration earnout liabilities 0.0  
Total expenses 30.5 22.9
Pre-tax income (loss) from continuing operations 283.1 (51.5)
Discontinued Operations    
Expenses:    
Net income (loss) attributable to White Mountains’s common shareholders 284.4 (48.0)
Swedish Tax Authority | Discontinued Operations | Sirius Group    
Expenses:    
Net gain from sale of discontinued operations, net of tax   $ 0.1
MediaAlpha | HG Global-BAM    
Revenues:    
Net realized and unrealized investment gains (losses) 0.0  
MediaAlpha | Other Segment    
Revenues:    
Realized and unrealized gains from the MediaAlpha Transaction 182.2  
MediaAlpha | NSM Holding Co LLC | NSM Holding Co LLC    
Revenues:    
Net realized and unrealized investment gains (losses) $ 0.0