Noncontrolling Interests (Tables)

3 Months Ended

Mar. 31, 2024

Noncontrolling Interest [Abstract]

Non-controlling interests

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 March 31, 2024 and December 31, 2023:

	March 31, 2024					December 31, 2023
$ in Millions	Noncontrolling Percentage (1)		Noncontrolling Equity			Noncontrolling Percentage (1)		Noncontrolling Equity
Noncontrolling interests, excluding BAM
Ark	28.0	%	$	334.7	(2)	28.0	%	$	336.9	(2)
HG Global	3.1	%	(.4)			3.1	%	.8
Kudu	10.6	%	114.4			10.5	%	113.8
Bamboo	27.2	%	111.3			—	%	—
Other	various		9.3			various		9.4
Total, excluding BAM			569.3					460.9
BAM	100.0	%	(149.1)			100.0	%	(139.8)
Total noncontrolling interests			$	420.2				$	321.1

(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.

(2) As of March 31, 2024 and December 31, 2023, Ark’s noncontrolling equity includes $17.9 and $21.0 related to management’s equity incentives.