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SCHEDULE II CONDENSED FINANCIAL INFORMATION OF THE REGISTRANT (Statement of Operations and Comprehensive Income) - USD ($) $ in Millions | 3 Months Ended | 12 Months Ended
--- | --- | ---
Dec. 31, 2017 | Sep. 30, 2017 | Jun. 30, 2017 | Mar. 31, 2017 | Dec. 31, 2016 | Sep. 30, 2016 | Jun. 30, 2016 | Mar. 31, 2016 | Dec. 31, 2017 | Dec. 31, 2016 | Dec. 31, 2015
CONDENSED FINANCIAL INFORMATION OF THE REGISTRANT |  |  |  |  |  |  |  |  |  |  |
Revenues (loss) (including realized gains and losses) |  | $ 87.5 | $ 83.5 | $ 88.8 | $ (5.5) | $ 56.8 | $ 48.4 | $ 58.0 | $ 373.8 | $ 157.7 | $ 440.0
Expenses |  | 79.1 | 85.7 | 92.4 | 69.0 | 70.6 | 74.1 | 91.3 | 366.0 | 305.0 | 310.8
Pre-tax loss | $ 5.2 | 8.4 | (2.2) | (3.6) | (74.5) | (13.8) | (25.7) | (33.3) | 7.8 | (147.3) | 129.2
Income Tax (expense) benefit | 2.5 | 4.0 | 1.0 | 0.3 | 10.2 | 17.1 | 4.0 | 1.6 | 7.8 | 32.9 | (12.7)
Net income (loss) from continuing operations | 7.7 | 12.4 | (1.2) | (3.3) | (64.3) | 3.3 | (21.7) | (31.7) | 15.6 | (114.4) | 116.5
Net gain from discontinued operations, net of tax | 4.3 | 539.1 | 2.8 | 31.3 | 8.0 | 84.4 | 383.6 | 47.4 | 20.5 | 108.3 | 116.9
Net income attributable to White Mountains’s common shareholders | 22.5 | 562.1 | 13.6 | 29.0 | (38.9) | 90.8 | 340.4 | 9.5 | 627.2 | 401.8 | 295.2
Other comprehensive income (loss), net of tax |  |  |  |  |  |  |  |  | 0.3 | (0.7) | (42.8)
Comprehensive income attributable to White Mountains’ common shareholders |  |  |  |  |  |  |  |  | 630.5 | 547.1 | 187.4
Computation of net income (loss) available to common shareholders: |  |  |  |  |  |  |  |  |  |  |
Net income attributable to White Mountains’s common shareholders | $ 22.5 | $ 562.1 | $ 13.6 | $ 29.0 | $ (38.9) | $ 90.8 | $ 340.4 | $ 9.5 | 627.2 | 401.8 | 295.2
White Mountains Insurance Group Ltd. |  |  |  |  |  |  |  |  |  |  |
CONDENSED FINANCIAL INFORMATION OF THE REGISTRANT |  |  |  |  |  |  |  |  |  |  |
Revenues (loss) (including realized gains and losses) |  |  |  |  |  |  |  |  | 27.3 | (1.0) | 5.0
Expenses |  |  |  |  |  |  |  |  | 99.7 | 68.2 | 59.9
Pre-tax loss |  |  |  |  |  |  |  |  | (72.4) | (69.2) | (54.9)
Income Tax (expense) benefit |  |  |  |  |  |  |  |  | (1.4) | (0.5) | 0.0
Net income (loss) from continuing operations |  |  |  |  |  |  |  |  | (73.8) | (69.7) | (54.9)
Equity in earnings from consolidated and unconsolidated subsidiaries (2) |  |  |  |  |  |  |  |  | 701.0 | 471.5 | 350.1
Net income attributable to White Mountains’s common shareholders |  |  |  |  |  |  |  |  | 627.2 | 401.8 | 295.2
Other comprehensive income (loss), net of tax |  |  |  |  |  |  |  |  | 3.3 | 145.3 | (100.4)
Comprehensive income attributable to White Mountains’ common shareholders |  |  |  |  |  |  |  |  | 630.5 | 547.1 | 194.8
Computation of net income (loss) available to common shareholders: |  |  |  |  |  |  |  |  |  |  |
Net income attributable to White Mountains’s common shareholders |  |  |  |  |  |  |  |  | $ 627.2 | 401.8 | 295.2
WOBI |  |  |  |  |  |  |  |  |  |  |
CONDENSED FINANCIAL INFORMATION OF THE REGISTRANT |  |  |  |  |  |  |  |  |  |  |
Equity in earnings from consolidated and unconsolidated subsidiaries (2) |  |  |  |  |  |  |  |  |  | $ (10.7) | $ (2.4)

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