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CONSOLIDATED BALANCE SHEET (USD $)
In Millions, unless otherwise specified
Sep. 30, 2013
Dec. 31, 2012
Assets    
Fixed maturity investments, at fair value $ 4,914.0 $ 5,196.2
Short-term investments, at amortized cost (which approximates fair value) 648.0 630.6
Common equity securities, at fair value 1,110.7 1,029.7
Convertible fixed maturity investments, at fair value 84.8 127.4
Other long-term investments 300.0 294.2
Total investments 7,057.5 7,278.1
Cash (restricted: $74.4 and $249.8) 411.0 462.4
Reinsurance recoverable on unpaid losses 416.0 429.1
Reinsurance recoverable on paid losses 18.8 17.9
Insurance and reinsurance premiums receivable 684.9 556.3
Funds held by ceding companies 101.1 127.4
Investments in unconsolidated affiliates 331.7 387.9
Deferred acquisition costs 188.2 195.3
Deferred tax asset 555.5 569.6
Ceded unearned insurance and reinsurance premiums 116.4 91.8
Accrued investment income 33.7 45.9
Accounts receivable on unsettled investment sales 38.2 3.9
Other assets 397.3 503.0
Assets held for sale 1,957.2 2,226.8
Total assets 12,307.5 12,895.4
Liabilities    
Loss and loss adjustment expense reserves 3,108.1 3,168.9
Unearned insurance and reinsurance premiums 1,010.3 924.1
Variable annuity benefit guarantee 143.7 441.5
Debt 676.3 751.2
Deferred tax liability 329.6 341.3
Accrued incentive compensation 161.6 159.0
Ceded reinsurance payable 153.6 116.5
Funds held under reinsurance treaties 89.1 43.7
Accounts payable on unsettled investment purchases 28.1 11.4
Other liabilities 362.7 452.8
Liabilities held for sale 1,957.2 2,226.8
Total liabilities 8,020.3 8,637.2
White Mountains’ common shareholders’ equity    
White Mountains’ common shares 6.2 6.3
Paid-in surplus 1,040.4 1,050.9
Retained earnings 2,684.4 2,542.7
Accumulated other comprehensive income, after tax:    
Equity in net unrealized (losses) gains from investments in unconsolidated affiliates (23.5) 57.7
Net unrealized foreign currency translation gains 93.5 85.7
Pension liability and other (11.0) (11.5)
Total White Mountains’ common shareholders’ equity 3,790.0 3,731.8
Non-controlling interests    
Total non-controlling interests 497.2 526.4
Total equity 4,287.2 4,258.2
Total liabilities and equity 12,307.5 12,895.4
OneBeacon
   
Non-controlling interests    
Total non-controlling interests 263.3 251.4
Sirius Group [Member]
   
Non-controlling interests    
Total non-controlling interests 250.0 250.0
HG Global
   
Non-controlling interests    
Total non-controlling interests 16.6 16.6
BAM
   
Non-controlling interests    
Total non-controlling interests (80.7) (36.0)
Other Noncontrolling Interest [Member]
   
Non-controlling interests    
Total non-controlling interests $ 48.0 $ 44.4