XML 156 R129.htm IDEA: XBRL DOCUMENT v2.4.0.6
Statutory Capital and Surplus (Details)
12 Months Ended 12 Months Ended 12 Months Ended 12 Months Ended 12 Months Ended 12 Months Ended 1 Months Ended
Dec. 31, 2012
USD ($)
Dec. 31, 2011
USD ($)
Dec. 31, 2010
USD ($)
Dec. 31, 2012
Sirius Group
USD ($)
Dec. 31, 2011
Sirius Group
USD ($)
Dec. 31, 2012
OneBeacon
USD ($)
Dec. 31, 2011
OneBeacon
USD ($)
Dec. 31, 2010
OneBeacon
USD ($)
Dec. 31, 2012
OneBeacon
Ordinary Dividend
USD ($)
Dec. 31, 2012
OneBeacon
Dividends Received by White Mountains
USD ($)
Dec. 31, 2012
Sirius Group
USD ($)
Dec. 31, 2012
Sirius Group
SEK
Dec. 31, 2012
Other Operations
USD ($)
Dec. 31, 2011
Other Operations
USD ($)
Dec. 31, 2012
Regulated Operation
OneBeacon
USD ($)
Dec. 31, 2012
Unregulated Operation
OneBeacon
USD ($)
Dec. 31, 2012
Sirius International
Sirius Group
USD ($)
Dec. 31, 2012
Sirius International
Sirius Group
SWEDEN
USD ($)
Dec. 31, 2012
Sirius International
Sirius Group
USD ($)
Dec. 31, 2012
Sirius International
Sirius Group
SEK
Dec. 31, 2012
Sirius International
Regulated Operation
Sirius Group
USD ($)
Dec. 31, 2012
HG Global
USD ($)
Dec. 31, 2012
HG Re
USD ($)
Dec. 31, 2012
BAM
USD ($)
Dec. 31, 2012
Subsidiaries
USD ($)
Dec. 31, 2012
One Beacon Insurance Company
Regulated Operation
OneBeacon
USD ($)
Dec. 31, 2012
Atlantic Speciality Insurance Company (ASIC) [Member]
Regulated Operation
OneBeacon
USD ($)
Dec. 31, 2012
Sirius America
Sirius Group
USD ($)
Dec. 31, 2011
Sirius America
Sirius Group
USD ($)
Dec. 31, 2010
Sirius America
Sirius Group
USD ($)
Dec. 31, 2012
Sirius America
Regulated Operation
Sirius Group
USD ($)
Dec. 31, 2012
Central National
Sirius Group
USD ($)
Dec. 31, 2011
Central National
Sirius Group
USD ($)
Dec. 31, 2012
American General
Sirius Group
USD ($)
Dec. 31, 2012
American General Property
Sirius Group
USD ($)
Dec. 31, 2012
PICO Holdings
Sirius Group
USD ($)
Dec. 31, 2012
Citation
Sirius Group
USD ($)
Dec. 31, 2012
White Shoals Reinsurance Company
Sirius Group
USD ($)
Dec. 31, 2012
White Mountains Life Re
USD ($)
Dec. 31, 2012
White Mountains Advisors LLC
Other Operations
USD ($)
Dec. 31, 2012
Surplus Note
BAM
Dec. 31, 2012
SWEDEN
Sirius Group
Dec. 31, 2011
SWEDEN
Sirius Group
Dec. 31, 2012
Preferred stocks
HG Global
USD ($)
May 31, 2007
Preferred stocks
Sirius Internation Group Ltd
Dec. 31, 2012
Preferred stocks
White Mountains
HG Global
USD ($)
Disclosure of statutory capital and surplus                                                                                            
Statutory capital and surplus           $ 900,000,000 $ 1,000,000,000               $ 900,000,000     $ 2,500,000,000       $ 412,000,000 $ 412,000,000 $ 483,700,000     $ 700,000,000 $ 528,300,000 $ 533,700,000     $ 11,200,000 $ 13,400,000 $ 8,600,000 $ 24,500,000 $ 6,300,000 $ 13,100,000 $ 15,500,000 $ 33,700,000              
Statutory net income (loss)           82,000,000 119,600,000 257,200,000             329,900,000                         26,200,000 101,400,000 70,200,000   1,700,000 100,000                          
Restricted equity                                   1,600,000,000                                                        
Surplus required           207,500,000                       109,200,000           65,000,000       127,800,000       1,700,000   100,000 2,500,000 200,000 900,000 7,000,000 400,000              
Stockholders' Equity Attributable to Parent 3,731,800,000 4,087,700,000   1,559,700,000 1,264,300,000 763,100,000 826,700,000           802,800,000 1,996,700,000                     2,900,000,000                                          
Amount available for dividend distributions without prior approval from regulatory authorities 1,200,000,000                                                 329,900,000   15,000,000                                    
Dividends available, net of noncontrolling interest 268,000,000                                                                                          
Statutory capital, balance                                                       528,300,000                                    
Percentage of prior year statutory surplus that may be paid as dividends without prior approval of regulatory authorities                             10.00%                       10.00% 10.00%                                    
Unassigned funds                             700,000,000                                                              
Represents dividends paid by OneBeacon's unregulated insurance operating subsidiaries to their immediate parent                     40,000,000                   24,000,000                   55,000,000                              
Cash dividends declared to parent company by consolidated subsidiaries                     75,000,000                   75,000,000                                                  
Cash dividends paid and declared to parent company by consolidated subsidiaries                     115,000,000                   99,000,000                                                  
Distributions made                 80,000,000 60,000,000         173,100,000 4,900,000                                                            
Distribution of Insurance Subsidiary to Parent                             34,000,000                                                              
Net unrestricted cash, short-term investments and fixed maturity investments       72,000,000   272,400,000             132,100,000     28,600,000                                               18,400,000            
Common equity securities and other long-term investments           33,300,000                                                                                
Pre-tax income transferred to parent company                                   82,000,000                                                        
Pre-tax income intended to be transferred to parent company                                   110,000,000                                                        
Unrestricted statutory surplus available for distribution                                 852,000,000                                                          
Equity held in insurance and reinsurance subsidiaries 1,700,000,000                                                                                          
Amount of Retained Earnings Available for Dividend without Approval 800,000,000                                                                                          
Increase in unrestricted statutory surplus due to reorganization                                 436,300,000                                                          
Cash dividends inteded to paid to parent                                 50,000,000                                                          
Statutory accounting practices earned surplus                                                       56,100,000                                    
Exchange rate                       6.50                                                                    
Other long-term investments 294,200,000 301,300,000   18,000,000                 77,600,000                                                                  
Equity securities                         540,400,000                                                                  
Safety Reserve                                                                                            
Amount of safety reserve                                     1,500,000,000 9,600,000,000                                                    
Safety reserve 326,700,000 369,600,000                             326,700,000                                                          
Swedish tax rate (as a percent)                                                                                   22.00% 26.30%      
Safety reserve                                 1,500,000,000                                                          
Statutory capital and surplus required, percent                                 125.00%                                                          
Maximum contributions per bankruptcy agreement                                 200,000,000                                                          
Ratio limitation                                 70.00%                                                          
Expense limitation                                 110,000,000                                                          
Preferred stock, value                                           613,000,000                                                
Ownership interest (as a percent)                                           97.30%                                                
Preferred stock dividend rate                                           6.00%                                             7.506%  
Dividends Payable                                                                                       16,800,000   16,300,000
Accrued interest on surplus notes                                             12,000,000                                              
Collateral Held in Supplement Trust                                             400,000,000                                              
Interest rate (as a percent)                                                                                 8.00%          
Accrued interest receivable on surplus notes                                           18,400,000                                                
Cash dividends declared and paid $ 6,600,000 $ 8,000,000 $ 8,800,000                   $ 6,600,000