Noncontrolling Interests

6 Months Ended

Jun. 30, 2023

Noncontrolling interests consist of the ownership interests of noncontrolling shareholders in consolidated entities and are presented separately on the balance sheet.

The following table presents the balance of noncontrolling interests included in White Mountains’s total equity and the related percentage of each consolidated entity’s total equity owned by noncontrolling shareholders as of June 30, 2023 and December 31, 2022:


	June 30, 2023				December 31, 2022
$ in Millions	Noncontrolling Percentage (1)		Noncontrolling Equity		Noncontrolling Percentage (1)		Noncontrolling Equity
Noncontrolling interests, excluding BAM
HG Global	3.1	%	$	(1.3)	3.1	%	$	(.6)
Ark	28.0	%	263.3		28.0	%	247.9

Kudu	10.8	%	88.8		10.8	%	75.1




Other	various		10.1		various		20.4
Total, excluding BAM			360.9				342.8
BAM	100.0	%	(157.2)		100.0	%	(154.7)

Total noncontrolling interests			$	203.7			$	188.1

(1) The noncontrolling percentage represents the basic ownership interests held by noncontrolling shareholders with the exception of HG Global, for which the noncontrolling percentage represents the preferred share ownership held by noncontrolling shareholders.