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CONSOLIDATED STATEMENTS OF OPERATIONS AND COMPREHENSIVE INCOME (LOSS) (USD $)
In Millions, except Per Share data
3 Months Ended 6 Months Ended
Jun. 30, 2011
Jun. 30, 2010
Jun. 30, 2011
Jun. 30, 2010
Revenues:        
Earned insurance and reinsurance premiums $ 495.8 $ 649.4 $ 982.0 $ 1,315.2
Net investment income 45.8 52.7 95.3 108.5
Net realized and unrealized investment gains 57.3 11.1 76.6 93.1
Other revenue (27.8) (23.6) (34.8) (13.5)
Total revenues 571.1 689.6 1,119.1 1,503.3
Expenses:        
Loss and loss adjustment expenses 292.4 402.1 665.0 954.0
Insurance and reinsurance acquisition expenses 100.4 134.6 193.1 273.6
Other underwriting expenses 74.8 81.9 151.0 177.5
General and administrative expenses 56.2 52.3 84.2 87.4
Interest expense on debt 12.9 14.7 26.0 31.0
Total expenses 536.7 685.6 1,119.3 1,523.5
Pre-tax income (loss) from continuing operations 34.4 4.0 (0.2) (20.2)
Income tax (expense) benefit (9.5) 2.1 (1.6) 2.3
Net income (loss) from continuing operations 24.9 6.1 (1.8) (17.9)
Net income (loss) from discontinued operations, net of tax (0.3) 1.8 2.9 (0.8)
Income (loss) before equity in earnings (losses) of unconsolidated affiliates 24.6 7.9 1.1 (18.7)
Equity in earnings (losses) of unconsolidated affiliates 7.9 5.3 14.6 (6.3)
Net income (loss) 32.5 13.2 15.7 (25.0)
Net income attributable to noncontrolling interests (20.8) (10.7) (32.2) (12.1)
Net income (loss) attributable to White Mountains' common shareholders 11.7 2.5 (16.5) (37.1)
Comprehensive income (loss), net of tax:        
Change in equity in net unrealized gains from investments in unconsolidated affiliates 22.1 50.4 22.1 83.3
Change in foreign currency translation and other (5.5) (69.4) 56.5 (81.0)
Comprehensive income (loss) 28.3 (16.5) 62.1 (34.8)
Comprehensive income attributable to noncontrolling interests 0   0  
Comprehensive income (loss) attributable to White Mountains' common shareholders $ 28.3 $ (16.5) $ 62.1 $ (34.8)
Basic income (loss) per share        
Continuing operations (in dollars per share) $ 1.51 $ 0.08 $ (2.42) $ (4.15)
Discontinued operations (in dollars per share) $ (0.03) $ 0.20 $ 0.36 $ (0.09)
Diluted income (loss) per share        
Continuing operations (in dollars per share) $ 1.51 $ 0.08 $ (2.42) $ (4.15)
Discontinued operations (in dollars per share) $ (0.03) $ 0.20 $ 0.36 $ (0.09)
Dividends declared and paid per White Mountains' common share (in dollars per share)     $ 1.00 $ 1.00