XML 51 R32.htm IDEA: XBRL DOCUMENT v2.4.0.6
Segment Information (Tables)
3 Months Ended
Mar. 31, 2013
Segment Reporting [Abstract]  
Financial information for White Mountains' segments
Significant intercompany transactions among White Mountains’ segments have been eliminated herein. Financial information for White Mountains’ segments follows:
 
 
 
 
 
 
HG Global/BAM
 
 
 
 
Millions
 
OneBeacon
 
Sirius
Group
 
HG
 
BAM
 
Other Operations
 
Total
Three Months Ended March 31, 2013
 
 

 
 

 
 
 
 
 
 

 
 

Earned insurance and reinsurance premiums
 
$
286.5

 
$
208.9

 
$

 
$

 
$

 
$
495.4

Net investment income
 
9.4

 
13.1

 
.3

 
1.1

 
4.6

 
28.5

Net investment income - surplus note income
 

 

 
10.1

 
(10.1
)
 

 

Net realized and unrealized investment
   gains (losses)
 
28.4

 
13.1

 
(.2
)
 
(1.1
)
 
35.0

 
75.2

Other revenue
 
24.0

 
10.5

 

 
.1

 
(6.3
)
 
28.3

Total revenues
 
348.3

 
245.6

 
10.2

 
(10.0
)
 
33.3

 
627.4

Losses and loss adjustment expenses
 
148.9

 
95.4

 

 

 

 
244.3

Insurance and reinsurance acquisition expenses
 
54.8

 
43.3

 

 
.1

 

 
98.2

Other underwriting expenses
 
49.3

 
29.7

 

 
.1

 

 
79.1

General and administrative expenses
 
4.0

 
9.5

 
.3

 
8.2

 
21.8

 
43.8

Interest expense on debt
 
3.2

 
6.6

 

 

 
.4

 
10.2

Total expenses
 
260.2

 
184.5

 
.3

 
8.4

 
22.2

 
475.6

Pre-tax income (loss)
 
$
88.1

 
$
61.1

 
$
9.9

 
$
(18.4
)
 
$
11.1

 
$
151.8

 
Millions
 
OneBeacon
 
Sirius Group
 
Other Operations
 
Total
Three Months Ended March 31, 2012
 
 

 
 

 
 

 
 

Earned insurance and reinsurance premiums
 
$
271.8

 
$
226.2

 
$

 
$
498.0

Net investment income
 
14.7

 
17.1

 
10.0

 
41.8

Net realized and unrealized investment gains
 
29.8

 
13.7

 
15.1

 
58.6

Other revenue
 
.1

 
18.3

 
12.8

 
31.2

Total revenues
 
316.4

 
275.3

 
37.9

 
629.6

Losses and loss adjustment expenses
 
136.4

 
113.4

 

 
249.8

Insurance and reinsurance acquisition expenses
 
58.1

 
51.0

 

 
109.1

Other underwriting expenses
 
47.5

 
26.0

 

 
73.5

General and administrative expenses
 
2.7

 
18.9

 
23.9

 
45.5

Interest expense on debt
 
4.1

 
6.5

 
.3

 
10.9

Total expenses
 
248.8

 
215.8

 
24.2

 
488.8

Pre-tax income
 
$
67.6

 
$
59.5

 
$
13.7

 
$
140.8