XML 97 R135.htm IDEA: XBRL DOCUMENT v2.4.0.6
Investments in Unconsolidated Affiliates (Financial Information) (Details) (USD $)
In Millions, unless otherwise specified
3 Months Ended 12 Months Ended 1 Months Ended 12 Months Ended 1 Months Ended 12 Months Ended
Dec. 31, 2012
Sep. 30, 2012
Jun. 30, 2012
Mar. 31, 2012
Dec. 31, 2011
Sep. 30, 2011
Jun. 30, 2011
Mar. 31, 2011
Dec. 31, 2012
Dec. 31, 2011
Dec. 31, 2010
Dec. 31, 2012
Symetra
Dec. 31, 2011
Symetra
Dec. 31, 2010
Symetra
Dec. 31, 2009
Symetra
Apr. 30, 2007
Pentelia Capital Management
Dec. 31, 2012
Pentelia Capital Management
Dec. 31, 2011
Pentelia Capital Management
Dec. 31, 2010
Pentelia Capital Management
Dec. 31, 2010
Delos
Aug. 31, 2006
Delos
Dec. 31, 2012
Hamer and Bri-Mar
Symetra balance sheet data; [Abstract]                                            
Total investments                       $ 27,556.4 $ 26,171.7                  
Separate account assets                       807.7 795.8                  
Total assets                       29,460.9 [1] 28,183.3 [1]                  
Policyholder liabilities                       23,735.2 23,140.6                  
Long-term debt                       449.4 449.2                  
Separate account liabilities                       807.7 795.8                  
Total liabilities                       25,830.8 [1] 25,068.4 [1]                  
Common shareholders’ equity                       3,630.1 [1] 3,114.9 [1]                  
Symetra income statement data: [Abstract]                                            
Net premiums earned                       605.0 540.5 473.0                
Net investment income                       1,275.2 1,270.9 1,199.4                
Total revenues                       2,101.2 [2] 1,999.3 [2] 1,878.8 [2]                
Policy benefits                       1,371.8 1,307.3 1,234.6                
Total expenses                       1,831.1 [2] 1,726.1 [2] 1,600.5 [2]                
Net income                       205.4 [2] 195.8 [2] 193.8 [2]                
Comprehensive net income                       549.3 785.5 679.0                
Ownership interest (as a percent)                       15.00%       33.00%         18.00%  
Payments to acquire investment                               1.6         32.0  
Equity in earnings (losses) of unconsolidated affiliates 5.5 7.7 6.5 10.2 (36.4) 1.5 7.9 6.8 29.9 (20.2) 9.9 32.3 [3],[4],[5] 28.2 [3],[4] 11.1 [3],[4],[6]     (1.3) (0.2) 0.5     0.4
Investments in unconsolidated affiliates 387.9       275.3       387.9 275.3   381.5 [7],[8] 273.6 [7] 387.5 [7] 307.7 [7]   0.5 1.7        
Net sales proceeds                                       21.7 138.8  
Gain (loss) on dsposal                                       $ (10.9) $ 14.0  
[1] 2011 balances have been restated for the effect of Symetra’s adoption of ASU 2010-26
[2] Amounts for the years ended December 31, 2011 and 2010 have been restated for the effect of Symetra’s adoption of ASU 2010-26.
[3] Equity in earnings for the years end December 31, 2012, 2011 and 2010 includes $1.3, $1.0, and $0.8 loss from the dilutive effect of Symetra’s yearly dividend and the issuance of restricted shares by Symetra
[4] Equity in earnings for the years end December 31, 2012, 2011 and 2010 excludes tax expense of $2.6, $2.3, and $1.4
[5] Equity in earnings includes $3.5 increase relating to the pre-tax amortization of Symetra common share impairment from December 31, 2012.
[6] Includes a $17.9 loss from the dilutive effect of Symetra’s public offering
[7] Includes White Mountains’ equity in net unrealized gains (losses) from Symetra’s fixed maturity portfolio of $62.8, $0, and $63.7 as of December 31, 2012, 2011 and 2010, which excludes tax expense of $5.1, $0 and $5.2
[8] The aggregate value of White Mountains’ investment in common shares of Symetra was $225.9 based upon the quoted market price of $12.98 per share at December 31, 2012.