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CONSOLIDATED STATEMENTS OF OPERATIONS AND COMPREHENSIVE INCOME (USD $)
In Millions, except Per Share data, unless otherwise specified
12 Months Ended
Dec. 31, 2011
Dec. 31, 2010
Dec. 31, 2009
Revenues      
Earned insurance and reinsurance premiums $ 1,927.8 $ 2,251.8 $ 2,717.6
Net investment income 184.5 208.9 250.1
Net realized and unrealized investment gains 122.8 82.6 361.7
Other revenue (57.0) 23.4 113.9
Total revenues 2,178.1 2,566.7 3,443.3
Expenses      
Loss and loss adjustment expenses 1,206.9 1,389.2 1,424.1
Insurance and reinsurance acquisition expenses 400.0 479.1 547.2
Other underwriting expenses 279.1 332.9 406.6
General and administrative expenses 175.3 155.1 197.4
Interest expense on debt 55.2 57.3 70.8
Total expenses 2,116.5 2,413.6 2,646.1
Pre-tax income 61.6 153.1 797.2
Income tax benefit (expense) 122.7 (16.9) (214.2)
Net income from continuing operations 184.3 136.2 583.0
Gain on sale of Esurance and AFI, net of tax 677.5    
Loss on sale of AutoOne, net of tax (19.2)    
Net loss from discontinued operations, net of tax (13.0) (6.6) (27.8)
Income before equity in earnings of unconsolidated affiliates 829.6 129.6 555.2
Equity in (losses) earnings of unconsolidated affiliates (20.2) 9.9 24.3
Net income 809.4 139.5 579.5
Net income attributable to noncontrolling interests (41.5) (53.0) (109.5)
Net income attributable to White Mountains' common shareholders 767.9 86.5 470.0
Change in equity in net unrealized (losses) gains from investments in unconsolidated affiliates, net of tax (58.5) 73.5 192.4
Change in foreign currency translation, net of tax (15.2) 49.8 73.0
Net change in pension liability and other, net of tax (10.8) 6.3 19.1
Comprehensive income 683.4 216.1 754.5
Comprehensive loss (income) attributable to noncontrolling interests 2.8 (1.7) (3.7)
Comprehensive income attributable to White Mountains' common shareholders $ 686.2 $ 214.4 $ 750.8
Basic earnings (loss) per share      
Continuing operations (in dollars per share) $ 15.56 $ 10.89 $ 56.25
Discontinued operations (in dollars per share) $ 81.88 $ (0.77) $ (3.14)
Total consolidated operations (in dollars per share) $ 97.44 $ 10.12 $ 53.11
Diluted earnings (loss) per share      
Continuing operations (in dollars per share) $ 15.56 $ 10.89 $ 56.24
Discontinued operations (in dollars per share) $ 81.88 $ (0.77) $ (3.14)
Total consolidated operations (in dollars per share) $ 97.44 $ 10.12 $ 53.10
Dividends declared and paid per White Mountains' common share (in dollars per share) $ 1.00 $ 1.00 $ 1.00