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Segment Information (Tables)
6 Months Ended
Jun. 30, 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 June 30, 2013
 
 

 
 

 
 
 
 
 
 

 
 

Earned insurance and reinsurance premiums
 
$
280.8

 
$
216.6

 
$
.1

 
$

 
$

 
$
497.5

Net investment income
 
11.4

 
11.4

 
.2

 
1.1

 
4.6

 
28.7

Net investment income - surplus note income
 

 

 
10.0

 
(10.0
)
 

 

Net realized and unrealized investment
   (losses) gains
 
(25.5
)
 
6.7

 
(2.0
)
 
(9.4
)
 
(7.1
)
 
(37.3
)
Other revenue
 
.6

 
(16.0
)
 

 

 
15.8

 
.4

Total revenues
 
267.3

 
218.7

 
8.3

 
(18.3
)
 
13.3

 
489.3

Losses and loss adjustment expenses
 
157.0

 
117.6

 

 

 

 
274.6

Insurance and reinsurance acquisition expenses
 
52.5

 
23.2

 

 
.4

 

 
76.1

Other underwriting expenses
 
54.6

 
29.8

 

 
.1

 

 
84.5

General and administrative expenses
 
2.9

 
6.0

 
.5

 
7.9

 
22.9

 
40.2

Interest expense on debt
 
3.3

 
6.5

 

 

 
.5

 
10.3

Total expenses
 
270.3

 
183.1

 
.5

 
8.4

 
23.4

 
485.7

Pre-tax (loss) income
 
$
(3.0
)
 
$
35.6

 
$
7.8

 
$
(26.7
)
 
$
(10.1
)
 
$
3.6

 
 
 
 
 
 
HG Global/BAM
 
 
 
 
Millions
 
OneBeacon
 
Sirius
Group
 
HG
 
BAM
 
Other Operations
 
Total
Six Months Ended June 30, 2013
 
 

 
 

 
 
 
 
 
 

 
 

Earned insurance and reinsurance premiums
 
$
567.3

 
$
425.5

 
$
.1

 
$

 
$

 
$
992.9

Net investment income
 
20.8

 
24.5

 
.5

 
2.2

 
9.2

 
57.2

Net investment income - surplus note income
 

 

 
20.1

 
(20.1
)
 

 

Net realized and unrealized investment
   gains (losses)
 
2.9

 
19.8

 
(2.2
)
 
(10.5
)
 
27.9

 
37.9

Other revenue
 
24.6

 
(5.5
)
 

 
.1

 
9.5

 
28.7

Total revenues
 
615.6

 
464.3

 
18.5

 
(28.3
)
 
46.6

 
1,116.7

Losses and loss adjustment expenses
 
305.9

 
213.0

 

 

 

 
518.9

Insurance and reinsurance acquisition expenses
 
107.3

 
66.5

 

 
.5

 

 
174.3

Other underwriting expenses
 
103.9

 
59.5

 

 
.2

 

 
163.6

General and administrative expenses
 
6.9

 
15.5

 
.8

 
16.1

 
44.7

 
84.0

Interest expense on debt
 
6.5

 
13.1

 

 

 
.9

 
20.5

Total expenses
 
530.5

 
367.6

 
.8

 
16.8

 
45.6

 
961.3

Pre-tax income (loss)
 
$
85.1

 
$
96.7

 
$
17.7

 
$
(45.1
)
 
$
1.0

 
$
155.4

Millions
 
OneBeacon
 
Sirius Group
 
Other Operations
 
Total
Three Months Ended June 30, 2012
 
 

 
 

 
 

 
 

Earned insurance and reinsurance premiums
 
$
280.3

 
$
230.2

 
$

 
$
510.5

Net investment income
 
14.0

 
17.1

 
9.3

 
40.4

Net realized and unrealized investment (losses) gains
 
(11.9
)
 
18.1

 
(14.3
)
 
(8.1
)
Other revenue
 
.2

 
(17.6
)
 
16.9

 
(.5
)
Total revenues
 
282.6

 
247.8

 
11.9

 
542.3

Losses and loss adjustment expenses
 
151.4

 
112.5

 

 
263.9

Insurance and reinsurance acquisition expenses
 
60.9

 
48.6

 

 
109.5

Other underwriting expenses
 
51.3

 
27.0

 

 
78.3

General and administrative expenses
 
2.6

 
6.2

 
33.3

 
42.1

Interest expense on debt
 
4.0

 
6.6

 
.3

 
10.9

Total expenses
 
270.2

 
200.9

 
33.6

 
504.7

Pre-tax income (loss)
 
$
12.4

 
$
46.9

 
$
(21.7
)
 
$
37.6

Millions
 
OneBeacon
 
Sirius Group
 
Other Operations
 
Total
Six Months Ended June 30, 2012
 
 

 
 

 
 

 
 

Earned insurance and reinsurance premiums
 
$
552.1

 
$
456.4

 
$

 
$
1,008.5

Net investment income
 
28.7

 
34.2

 
19.3

 
82.2

Net realized and unrealized investment gains
 
17.9

 
31.8

 
.8

 
50.5

Other revenue
 
.3

 
.7

 
29.7

 
30.7

Total revenues
 
599.0

 
523.1

 
49.8

 
1,171.9

Losses and loss adjustment expenses
 
287.8

 
225.9

 

 
513.7

Insurance and reinsurance acquisition expenses
 
119.0

 
99.6

 

 
218.6

Other underwriting expenses
 
98.8

 
53.0

 

 
151.8

General and administrative expenses
 
5.3

 
25.1

 
57.2

 
87.6

Interest expense on debt
 
8.1

 
13.1

 
.6

 
21.8

Total expenses
 
519.0

 
416.7

 
57.8

 
993.5

Pre-tax income (loss)
 
$
80.0

 
$
106.4

 
$
(8.0
)
 
$
178.4