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Municipal Bond Guarantee Insurance (Tables)
 6 Months Ended
Jun. 30, 2022
Guarantees [Abstract]  
Schedule of Municipal Bond Guarantee Insured Obligations
The following table presents a schedule of BAM’s insured obligations as of June 30, 2022 and December 31, 2021:
June 30, 2022December 31, 2021
Contracts outstanding12,852 12,350 
Remaining weighted average contract period outstanding (in years)10.710.8
Contractual debt service outstanding (in millions):
Principal $95,926.1 $89,196.5 
Interest45,150.7 41,486.5 
Total debt service outstanding$141,076.8 $130,683.0 
Gross unearned insurance premiums (in millions)$274.0 $266.3 
Financial Guarantee Insurance Contracts, Premium Received over Contract Period
The following table presents a schedule of BAM’s future premium revenues as of June 30, 2022:
MillionsJune 30, 2022
July 1, 2022 - December 31, 2022$13.0 
January 1, 2023 - March 31, 20236.4 
April 1, 2023 - June 30, 20236.3 
July 1, 2023 - September 30, 20236.2 
October 1, 2023 - December 31, 20236.1 
Total 202325.0 
202423.5 
202521.8 
202620.3 
202718.9 
2028 and thereafter151.5 
Total gross unearned insurance premiums$274.0 
Schedule of Net Written Premiums
The following table presents a schedule of written premiums and earned premiums included in White Mountains’s HG Global/BAM segment for the three and six months ended June 30, 2022 and 2021:
Three Months Ended June 30,Six Months Ended June 30,
Millions2022202120222021
Written premiums:
Direct$17.1 $13.8 $26.5 $21.8 
Assumed— — — 4.5 
Gross written premiums (1)
$17.1 $13.8 $26.5 $26.3 
Earned premiums:
Direct$7.9 $5.6 $15.5 $10.9 
Assumed2.6 .9 3.4 2.0 
Gross earned premiums (1)
$10.5 $6.5 $18.9 $12.9 
(1) There are no ceded premium amounts in the periods presented and gross earned premiums are equivalent to net written premiums and net earned premiums.