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CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Millions
Sep. 30, 2023
Dec. 31, 2022
Assets    
Common equity securities, at fair value $ 637.0 $ 668.4
Other long-term investments 1,895.8 1,488.0
Goodwill and other intangible assets 372.1 392.4
Total assets 8,142.8 7,389.3
Liabilities    
Debt 564.7 575.2
Total liabilities 3,978.6 3,454.3
White Mountains’s common shareholders’ equity    
White Mountains’s common shares at $1 par value per share—authorized 50,000,000 shares; issued and outstanding 2,560,452 and 2,572,156 shares 2.6 2.6
Paid-in surplus 544.9 536.0
Retained earnings 3,404.3 3,211.8
Accumulated other comprehensive income (loss), after-tax:    
Net unrealized gains (losses) from foreign currency translation and interest rate swap (2.7) (3.5)
Total White Mountains’s common shareholders’ equity 3,949.1 3,746.9
Noncontrolling interests 215.1 188.1
Total equity 4,164.2 3,935.0
Total liabilities and equity 8,142.8 7,389.3
Other Operations    
Assets    
Fixed maturity investments, at fair value 270.7 238.2
Common equity securities, at fair value 252.1 333.8
Investment in MediaAlpha, at fair value 188.8 168.6
Short-term investments, at fair value 215.5 373.6
Other long-term investments 698.5 418.5
Total investments 1,625.6 1,532.7
Cash 22.9 33.9
Goodwill and other intangible assets 71.2 91.3
Other assets 89.6 155.6
Total assets 1,809.3 1,813.5
Liabilities    
Debt 29.6 36.7
Accrued incentive compensation 64.0 86.1
Other liabilities 27.3 34.3
Total liabilities 120.9 157.1
HG Global/BAM | Operating Segments    
Assets    
Fixed maturity investments, at fair value 932.2 909.9
Short-term investments, at fair value 80.1 65.9
Total investments 1,012.3 975.8
Cash 4.9 18.2
Insurance premiums receivable 5.5 6.6
Deferred acquisition costs 38.5 36.0
Other assets 22.2 21.9
Total assets 1,083.4 1,058.5
Liabilities    
Unearned insurance premiums 312.3 298.3
Debt 146.8 146.5
Accrued incentive compensation 19.9 28.0
Other liabilities 40.0 29.0
Total liabilities 519.0 501.8
P&C Insurance and Reinsurance (Ark/WM Outrigger)    
Liabilities    
Loss and loss adjustment expense reserves 1,571.8 1,296.5
P&C Insurance and Reinsurance (Ark/WM Outrigger) | Operating Segments    
Assets    
Fixed maturity investments, at fair value 775.0 772.8
Common equity securities, at fair value 384.9 334.6
Short-term investments, at fair value 850.0 484.6
Other long-term investments 416.6 373.6
Total investments 2,426.5 1,965.6
Cash 129.6 101.5
Reinsurance recoverables 538.4 595.3
Insurance premiums receivable 781.6 544.1
Deferred acquisition costs 178.7 127.2
Goodwill and other intangible assets 292.5 292.5
Other assets 66.9 65.2
Total assets 4,414.2 3,691.4
Liabilities    
Loss and loss adjustment expense reserves 1,571.8 1,296.5
Unearned insurance premiums 984.6 623.2
Debt 184.6 183.7
Reinsurance payable 146.3 251.1
Contingent consideration 62.1 45.3
Other liabilities 132.0 122.3
Total liabilities 3,081.4 2,522.1
Kudu | Operating Segments    
Assets    
Short-term investments, at fair value 17.3 0.0
Other long-term investments 780.7 695.9
Total investments 798.0 695.9
Cash 5.4 101.4
Accrued investment income 15.8 12.4
Goodwill and other intangible assets 8.4 8.6
Other assets 8.3 7.6
Total assets 835.9 825.9
Liabilities    
Debt 203.7 208.3
Other liabilities 53.6 65.0
Total liabilities $ 257.3 $ 273.3