XML 128 R115.htm IDEA: XBRL DOCUMENT v2.4.0.6
SCHEDULE II CONDENSED FINANCIAL INFORMATION OF THE REGISTRANT (Details 3) (USD $)
In Millions, unless otherwise specified
3 Months Ended 12 Months Ended
Dec. 31, 2011
Sep. 30, 2011
Jun. 30, 2011
Mar. 31, 2011
Dec. 31, 2010
Sep. 30, 2010
Jun. 30, 2010
Mar. 31, 2010
Dec. 31, 2011
Dec. 31, 2010
Dec. 31, 2009
Dec. 31, 2008
CONDENSED FINANCIAL INFORMATION OF THE REGISTRANT                        
Net income attributable to White Mountains' common shareholders $ 800.2 $ (15.8) $ 11.7 $ (28.2) $ 72.9 $ 50.7 $ 2.5 $ (39.6) $ 767.9 $ 86.5 $ 470.0  
Charges (credits) to reconcile net income to net cash (used for) provided from operations:                        
Net realized and unrealized investment (gains) losses                 (122.8) (82.6) (361.7)  
Net federal income tax (payments) receipts                 12.5 (47.0) (17.5)  
Net change in other assets and liabilities, net                 (96.5) (238.6) 27.5  
Net cash (used for) provided from operations                 (114.5) 56.0 (46.7)  
Cash flows from investing activities:                        
Net decrease in short-term investments                 174.5 475.6 218.4  
Net change in unsettled investment purchases and sales                 47.0 1.6 52.1  
Net cash provided from investing activities                 799.6 485.3 365.1  
Cash flows from financing activities:                        
Repayment of debt                   (14.0) (242.8)  
Proceeds from issuances of common shares                 0.9 0.7 0.9  
Repurchases and retirement of common shares                 (253.0) (225.6) (0.4)  
Dividends paid on common shares                 (8.0) (8.8) (8.9)  
Net cash (used for) provided from financing activities                 (460.2) (550.2) (360.2)  
Net increase (decrease) in cash during year                 223.4 (0.8) (35.0)  
Cash balance at beginning of year 251.9       103.6       251.9 103.6 119.9 158.7
Cash balance at end of year 251.9       103.6       251.9 103.6 119.9 158.7
White Mountains Insurance Group Ltd.
                       
CONDENSED FINANCIAL INFORMATION OF THE REGISTRANT                        
Net income attributable to White Mountains' common shareholders                 767.9 86.5 470.0  
Charges (credits) to reconcile net income to net cash (used for) provided from operations:                        
Net realized and unrealized investment (gains) losses                 (3.1) 0.1 1.7  
Undistributed current (earnings) losses from subsidiaries                 (806.7) (128.2) (511.9)  
Dividends received from subsidiaries                     8.4  
Net change in other assets and liabilities, net                 13.7 27.9 18.6  
Net cash (used for) provided from operations                 (28.2) (13.7) (13.2)  
Cash flows from investing activities:                        
Net decrease in short-term investments                 267.3 166.5 20.8  
Purchases of investment securities                 (237.3) (5.8) (28.4)  
Sales and maturities of investment securities                 59.0      
Issuance of debt (to) from subsidiaries                   86.8    
Repayment of debt (to) from subsidiaries                 192.5   200.0  
Distributions from subsidiaries                 7.2   29.0  
Net cash provided from investing activities                 288.7 247.5 221.4  
Cash flows from financing activities:                        
Repayment of debt                     (200.0)  
Proceeds from issuances of common shares                 0.9 0.7 0.9  
Repurchases and retirement of common shares                 (253.0) (225.6) (0.4)  
Dividends paid on common shares                 (8.0) (8.8) (8.9)  
Net cash (used for) provided from financing activities                 (260.1) (233.7) (208.4)  
Net increase (decrease) in cash during year                 0.4 0.1 (0.2)  
Cash balance at beginning of year 0.7       0.3       0.7 0.3 0.2 0.4
Cash balance at end of year $ 0.7       $ 0.3       $ 0.7 $ 0.3 $ 0.2 $ 0.4