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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, 2012
Dec. 31, 2011
Dec. 31, 2010
Revenues      
Earned insurance and reinsurance premiums $ 2,063.6 $ 1,924.5 $ 2,029.0
Net investment income 153.6 184.5 208.9
Net realized and unrealized investment gains 118.2 74.1 77.6
Other revenue 100.3 (10.0) 18.2
Total revenues 2,435.7 2,173.1 2,333.7
Expenses      
Loss and loss adjustment expenses 1,193.9 1,174.3 1,216.6
Insurance and reinsurance acquisition expenses 430.2 402.2 419.6
Other underwriting expenses 321.8 268.1 295.9
General and administrative expenses 182.2 175.3 155.0
Interest expense on debt 44.8 55.2 57.3
Total expenses 2,172.9 2,075.1 2,144.4
Pre-tax income 262.8 98.0 189.3
Income tax benefit (expense) 15.7 110.0 (29.6)
Net income from continuing operations 278.5 208.0 159.7
Net loss from other discontinued operations, net of tax (24.0) (36.7) (30.1)
Income before equity in earnings of unconsolidated affiliates 163.5 829.6 129.6
Equity in earnings (losses) of unconsolidated affiliates 29.9 (20.2) 9.9
Net income 193.4 809.4 139.5
Net loss (income) attributable to non-controlling interests 14.0 (41.5) (53.0)
Net income attributable to White Mountains’ common shareholders 207.4 767.9 86.5
Comprehensive income (loss), net of tax:      
Change in equity in net unrealized gains (losses) from investments in Symetra common shares, net of tax 57.7 (58.5) 73.5
Net change in foreign currency translation 39.6 (15.2) 49.8
Net change in pension liability and other, net of tax (2.9) (10.8) 6.3
Comprehensive income 301.8 683.4 216.1
Comprehensive loss (income) attributable to non-controlling interests 0.8 2.8 (1.7)
Comprehensive income attributable to White Mountains’ common shareholders $ 302.6 $ 686.2 $ 214.4
Basic earnings (loss) per share      
Continuing operations $ 47.41 $ 18.56 $ 13.63
Discontinued operations $ (16.91) $ 78.88 $ (3.51)
Total consolidated operations (in dollars per share) $ 30.50 $ 97.44 $ 10.12
Diluted earnings (loss) per share      
Total consolidated operations $ 47.41 $ 18.56 $ 13.63
Discontinued operations $ (16.91) $ 78.88 $ (3.51)
Total consolidated operations (in dollars per share) $ 30.50 $ 97.44 $ 10.12
Dividends declared and paid per White Mountains’ common share $ 1.00 $ 1.00 $ 1.00