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CONSOLIDATED STATEMENTS OF OPERATIONS AND COMPREHENSIVE INCOME (LOSS) (USD $)
In Millions, except Per Share data, unless otherwise specified
3 Months Ended 6 Months Ended
Jun. 30, 2014
Jun. 30, 2013
Jun. 30, 2014
Jun. 30, 2013
Revenues:        
Earned insurance and reinsurance premiums $ 503.4 $ 497.5 $ 997.0 $ 992.9
Net investment income 29.1 28.7 53.4 57.2
Net realized and unrealized investment gains (losses) 113.9 (37.3) 177.7 37.9
Other revenue 6.4 0.4 3.0 28.7
Total revenues 652.8 489.3 1,231.1 1,116.7
Expenses:        
Loss and loss adjustment expenses 282.7 274.6 512.0 518.9
Insurance and reinsurance acquisition expenses 98.9 76.1 194.0 174.3
Other underwriting expenses 81.9 84.5 163.3 163.6
General and administrative expenses 70.3 40.2 120.6 84.0
Interest expense 10.0 10.3 20.1 20.5
Total expenses 543.8 485.7 1,010.0 961.3
Pre-tax income from continuing operations 109.0 3.6 221.1 155.4
Income tax (expense) benefit (23.9) 0.6 (54.2) (41.0)
Net income from continuing operations 85.1 4.2 166.9 114.4
Net income from discontinued operations, net of tax 2.6 3.9 2.1 4.4
Income before equity in earnings of unconsolidated affiliates 87.7 8.1 169.0 118.8
Equity in earnings of unconsolidated affiliates, net of tax 12.5 7.1 26.3 16.3
Net income 100.2 15.2 195.3 135.1
Net (income) loss attributable to non-controlling interests (4.6) 11.1 (4.1) 11.6
Net income attributable to White Mountains’s common shareholders 95.6 26.3 191.2 146.7
Other comprehensive income, net of tax:        
Change in equity in net unrealized gains (losses) from investments in Symetra common shares, net of tax 32.9 (66.0) 69.4 (74.0)
Change in foreign currency translation, pension liability and other (27.9) (34.6) (35.7) (38.3)
Comprehensive income (loss) attributable to White Mountains’s common shareholders $ 100.6 $ (74.3) $ 224.9 $ 34.4
Basic income per share        
Continuing operations $ 15.10 $ 3.62 $ 30.66 $ 22.84
Discontinued operations $ 0.43 $ 0.64 $ 0.34 $ 0.71
Total consolidated operations $ 15.53 $ 4.26 $ 31.00 $ 23.55
Diluted income per share        
Continuing operations $ 15.10 $ 3.62 $ 30.66 $ 22.84
Discontinued operations $ 0.43 $ 0.64 $ 0.34 $ 0.71
Total consolidated operations $ 15.53 $ 4.26 $ 31.00 $ 23.55
Dividends declared per White Mountains’s common share $ 0.00 $ 0.00 $ 1.00 $ 1.00