Investments in Unconsolidated Entities (Tables)

3 Months Ended

Mar. 31, 2020

Schedule of Equity Method Investments [Line Items]

Investments in and Advances to Affiliates

The following table presents the carrying values of White Mountains’s equity method eligible investments recorded within other long-term investments as of March 31, 2020 and December 31, 2019:



Millions	March 31, 2020		December 31, 2019
Equity method eligible investments, at fair value	$	718.0	$	761.7
Other ⁽¹⁾	87.6		94.6
Total other long-term investments	$	805.6	$	856.3

⁽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 significant equity method eligible investments as of March 31, 2020 and December 31, 2019:



	Basic Ownership Interest
Investee	March 31, 2020	December 31, 2019	Instrument Held
PassportCard/DavidShield	50.0%	50.0%	Common shares
MediaAlpha	48.3%	48.3%	Units
durchblicker	45.0%	45.0%	Common shares
Elementum	30.0%	30.0%	Limited partnership interest
Compare.com	18.4%	18.4%	Common shares
Tuckerman Capital Funds	16.1 - 61.3%	17.5 - 62.4%	Limited and general partnership interests
Enlightenment Capital Funds	9.6 - 36.5%	10.0 - 38.4%	Limited and general partnership interests
JAM Partners L.P.	—	11.1%	Limited partnership interest
Kudu Participation Contracts	3.2 - 30.0%	3.2 - 30.0%	Revenue and earnings participation contracts

MediaAlpha

Schedule of Equity Method Investments [Line Items]

Equity Method Investments

The following tables present summarized financial information for MediaAlpha:



Millions	March 31, 2020		December 31, 2019
Balance sheet data:
Total assets	$	108.4	$	106.9
Total liabilities	$	137.5	$	144.6



	Three Months Ended
	March 31,
Millions	2020		2019
Income statement data:
Total revenues	$	119.5	$	48.8
Total expenses	109.5		54.9
Net income (loss)	$	10.0	$	(6.1	)