Investments in Unconsolidated Entities (Tables)

6 Months Ended

Jun. 30, 2019

Schedule of Equity Method Investments [Line Items]

Investments in and Advances to Affiliates

The following table presents the carrying values of investments in equity method eligible unconsolidated entities recorded within other long-term investments as of June 30, 2019 and December 31, 2018:



Millions	June 30, 2019		December 31, 2018
Equity method eligible unconsolidated entities, at fair value	$	262.2	$	138.1
Investments accounted for under the equity method	.7		1.3
Total investments in equity method eligible unconsolidated entities	262.9		139.4
Other unconsolidated investments ⁽¹⁾	401.5		186.2
Total other long-term investments	$	664.4	$	325.6

⁽¹⁾Consists of other long-term investments that are not equity method eligible.

Affiliated Entity

Schedule of Equity Method Investments [Line Items]

Equity Method Investments

The following table presents White Mountains’s investments in equity method eligible unconsolidated entities as of June 30, 2019 and December 31, 2018:



	Basic Ownership Interest
Investee	June 30, 2019	December 31, 2018	Instrument Held
PassportCard/DavidShield ⁽¹⁾	50.0%	50.0%	Common shares
MediaAlpha⁽²⁾	48.3%	n/a	Units
durchblicker	45.0%	45.0%	Common shares
Elementum Holdings, L.P.	30.0%	n/a	Limited partnership interest
Compare.com	18.4%	18.4%	Common shares
Tuckerman Capital Fund III, L.P.	16.2%	18.5%	Limited partnership interest
Kudu ⁽³⁾	n/a	49.5%	Units

⁽¹⁾ As of June 30, 2019 and December 31, 2018, White Mountains’s ownership interest in DavidShield comprised a 50.0% direct interest and White Mountains’s ownership interest in PassportCard comprised a 25.0% direct ownership interest and a 25.0% indirect interest through DavidShield. See Note 2 — “Significant Transactions”.

⁽²⁾ As of December 31, 2018, MediaAlpha was a majority-owned consolidated subsidiary of White Mountains. See Note 2 — “Significant Transactions”.

⁽³⁾ As of June 30, 2019 White Mountains consolidates Kudu. See Note 2 — “Significant Transactions”.