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CONSOLIDATED STATEMENTS OF OPERATIONS AND COMPREHENSIVE INCOME (USD $)
In Millions, except Per Share data, unless otherwise specified
12 Months Ended
Dec. 31, 2013
Dec. 31, 2012
Dec. 31, 2011
Revenues      
Earned insurance and reinsurance premiums $ 1,987.3 $ 2,063.6 $ 1,924.5
Net investment income 110.9 153.6 184.5
Net realized and unrealized investment gains 161.7 118.2 74.1
Other revenue 57.5 100.3 (10.0)
Total revenues 2,317.4 2,435.7 2,173.1
Expenses      
Loss and loss adjustment expenses 1,040.5 1,193.9 1,174.3
Insurance and reinsurance acquisition expenses 376.9 430.2 402.2
Other underwriting expenses 331.3 321.8 268.1
General and administrative expenses 181.3 182.2 175.3
Interest expense on debt 42.5 44.8 55.2
Total expenses 1,972.5 2,172.9 2,075.1
Pre-tax income 344.9 262.8 98.0
Income tax (expense) benefit (76.6) 15.7 110.0
Net income from continuing operations 268.3 278.5 208.0
Gain (loss) on sale of discontinued operations, net of tax 46.6 (91.0) 658.3
Net loss from discontinued operations, net of tax (42.1) (24.0) (36.7)
Income before equity in earnings of unconsolidated affiliates 272.8 163.5 829.6
Equity in earnings (losses) of unconsolidated affiliates, net of tax 36.6 29.9 (20.2)
Net income 309.4 193.4 809.4
Net loss (income) attributable to non-controlling interests 12.4 14.0 (41.5)
Net income attributable to White Mountains’ common shareholders 321.8 207.4 767.9
Other comprehensive income, net of tax:      
Change in equity in net unrealized (losses) gains from investments in Symetra common shares, net of tax (98.1) 57.7 (58.5)
Change in foreign currency translation, net of tax 2.7 39.6 (15.2)
Net change in pension liability and other, net of tax 20.8 (2.9) (10.8)
Comprehensive income 247.2 301.8 683.4
Comprehensive (income) loss attributable to non-controlling interests (5.2) 0.8 2.8
Comprehensive income attributable to White Mountains’ common shareholders $ 242.0 $ 302.6 $ 686.2
Basic earnings (loss) per share      
Continuing operations $ 51.15 $ 47.41 $ 18.56
Discontinued operations $ 0.74 $ (16.91) $ 78.88
Total consolidated operations $ 51.89 $ 30.50 $ 97.44
Diluted earnings (loss) per share      
Continuing operations $ 51.15 $ 47.41 $ 18.56
Discontinued operations $ 0.74 $ (16.91) $ 78.88
Total consolidated operations $ 51.89 $ 30.50 $ 97.44
Dividends declared and paid per White Mountains’ common share $ 1.00 $ 1.00 $ 1.00