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CONSOLIDATED STATEMENTS OF OPERATIONS (Unaudited) - USD ($)
$ in Millions
3 Months Ended 9 Months Ended
Sep. 30, 2019
Sep. 30, 2018
Sep. 30, 2019
Sep. 30, 2018
Revenues:        
Net investment income $ 18.4 $ 13.4 $ 55.4 $ 44.9
Net realized and unrealized investment gains (losses)     347.8 22.9
Total revenues 155.5 198.7 718.1 363.1
Expenses:        
Total expenses 104.4 154.4 369.5 397.2
Pre-Tax and Net Income [Abstract]        
Pre-tax income (loss) from continuing operations 51.1 44.3 348.6 (34.1)
Income (expense) tax benefit (8.8) 3.6 (18.9) 0.4
Net income (loss) from continuing operations 42.3 47.9 329.7 (33.7)
Net gain from sale of discontinued operations, net of tax 0.9 (17.3) 1.6 (17.2)
Net income (loss) 43.2 30.6 331.3 (50.9)
Net loss attributable to non-controlling interests 5.5 10.2 22.3 47.2
Net income (loss) attributable to White Mountains’s common shareholders 48.7 40.8 353.6 (3.7)
HG Global-BAM        
Revenues:        
Earned insurance premiums 5.2 3.3 13.7 9.7
Net investment income 5.4 4.8 16.1 12.5
Net realized and unrealized investment gains (losses) 7.1 (4.1) 30.4 (14.4)
Commission revenues 0.0 0.0 0.0 0.0
Other revenue 0.3 0.2 1.3 0.8
Total revenues 18.0 4.2 61.5 8.6
Expenses:        
Deferred Policy Acquisition Costs, Amortization Expense 1.4 1.2 4.1 3.9
Other underwriting expenses 0.1 0.1 0.3 0.3
General and administrative expenses 12.5 11.3 39.1 36.5
Cost of sales 0.0 0.0 0.0 0.0
Amortization of other intangible assets 0.0 0.0 0.0 0.0
Interest expense 0.0 0.0 0.0 0.0
Total expenses 14.0 12.6 43.5 40.7
Pre-Tax and Net Income [Abstract]        
Pre-tax income (loss) from continuing operations 4.0 (8.4) 18.0 (32.1)
NSM Holding Co LLC        
Revenues:        
Earned insurance premiums 0.0   0.0  
Net investment income 0.0   0.0  
Net realized and unrealized investment gains (losses) 0.0   0.0  
Commission revenues 49.4 35.0 147.6 56.4
Other revenue 10.5 4.7 27.7 6.8
Total revenues 59.9 39.7 175.3 63.2
Expenses:        
Deferred Policy Acquisition Costs, Amortization Expense 0.0   0.0  
Other underwriting expenses 0.0   0.0  
General and administrative expenses 33.3 23.5 91.4 35.7
Broker commission expense 15.3 10.6 48.9 17.1
Change in fair value of contingent consideration earnout liabilities (2.0) 2.6 5.6 2.6
Cost of sales 0.0   0.0  
Amortization of other intangible assets 4.4 5.0 13.5 5.0
Interest expense 4.4 3.2 12.2 4.8
Total expenses 55.4 44.9 171.6 65.2
Pre-Tax and Net Income [Abstract]        
Pre-tax income (loss) from continuing operations 4.5 (5.2) 3.7 (2.0)
Kudu Investment Management, LLC        
Revenues:        
Earned insurance premiums 0.0      
Net investment income 4.6 0.0 8.6 0.0
Net realized and unrealized investment gains (losses) 2.7 0.0 3.1 0.0
Commission revenues 0.0      
Other revenue 0.2   0.2 0.0
Total revenues 7.5 0.0 11.9 0.0
Expenses:        
Deferred Policy Acquisition Costs, Amortization Expense 0.0      
Other underwriting expenses 0.0      
General and administrative expenses 4.5 0.0 6.7 0.0
Cost of sales 0.0      
Amortization of other intangible assets 0.2 0.0 0.2 0.0
Total expenses 4.7 0.0 6.9 0.0
Pre-Tax and Net Income [Abstract]        
Pre-tax income (loss) from continuing operations 2.8   5.0  
MediaAlpha        
Revenues:        
Earned insurance premiums   0.0 0.0 0.0
Net investment income   0.0 0.0 0.0
Net realized and unrealized investment gains (losses)   0.0 0.0 0.0
Commission revenues 0.0 74.5 48.8 216.4
Other revenue 0.0 0.0 0.0 1.6
Total revenues 0.0 74.5 48.8 218.0
Expenses:        
Deferred Policy Acquisition Costs, Amortization Expense   0.0 0.0 0.0
Other underwriting expenses   0.0 0.0 0.0
General and administrative expenses 0.0 5.4 12.5 21.2
Cost of sales 0.0 61.8 40.6 179.1
Amortization of other intangible assets 0.0 2.4 1.6 7.8
Interest expense 0.0 0.2 0.2 0.9
Total expenses 0.0 69.8 54.9 209.0
Pre-Tax and Net Income [Abstract]        
Pre-tax income (loss) from continuing operations   4.7 (6.1) 9.0
Other Segment        
Revenues:        
Earned insurance premiums 0.0 0.0 0.0 0.0
Net investment income 8.4 8.6 30.7 32.4
Net realized and unrealized investment gains (losses) 57.2 70.2 199.6 37.3
Realized gain and unrealized investment gain from the MediaAlpha Transaction     182.2 0.0
Commission revenues 1.9 1.1 4.5 3.0
Other revenue 2.6 0.4 3.6 0.6
Total revenues 70.1 80.3 420.6 73.3
Expenses:        
Deferred Policy Acquisition Costs, Amortization Expense 0.0   0.0 0.0
Other underwriting expenses 0.0   0.0 0.0
General and administrative expenses 27.7 26.0 87.2 79.0
Cost of sales 2.3 1.1 5.0 2.9
Amortization of other intangible assets 0.0 0.0 0.1 0.1
Interest expense 0.3 0.0 0.3 0.3
Total expenses 30.3 27.1 92.6 82.3
Pre-Tax and Net Income [Abstract]        
Pre-tax income (loss) from continuing operations 39.8 53.2 328.0 (9.0)
Discontinued Operations        
Pre-Tax and Net Income [Abstract]        
Net income (loss) attributable to White Mountains’s common shareholders $ 48.7 $ 40.8 353.6 (3.7)
Swedish Tax Authority | Discontinued Operations | Sirius Group        
Pre-Tax and Net Income [Abstract]        
Net gain from sale of discontinued operations, net of tax       $ 0.1
MediaAlpha | HG Global-BAM        
Revenues:        
Realized gain and unrealized investment gain from the MediaAlpha Transaction     0.0  
MediaAlpha | NSM Holding Co LLC        
Revenues:        
Realized gain and unrealized investment gain from the MediaAlpha Transaction     $ 0.0