Municipal Bond Guarantee (Tables)

3 Months Ended

Mar. 31, 2018

Schedule of Municipal Bond Guarantee Insured Obligations

The following table presents a schedule of BAM’s insured obligations:



	March 31, 2018		December 31, 2017
Contracts outstanding	6,541		6,371
Remaining weighted average contract period outstanding (in years)	10.8		10.9
Contractual debt service outstanding (in millions):
Principal	$	43,139.2	$	42,090.6
Interest	21,420.6		21,057.1
Total debt service outstanding	$	64,559.8	$	63,147.7

Gross unearned insurance premiums	$	140.2	$	136.8

Financial Guarantee Insurance Contracts, Premium Received over Contract Period

The following table presents a schedule of BAM’s future premium revenues as of March 31, 2018:



Millions	March 31, 2018
April 1, 2018 - December 31, 2018	$	8.9

January 1, 2019 - March 31, 2019	2.9
April 1, 2019 - June 30, 2019	2.9
July 1, 2019 - September 30, 2019	2.9
October 1, 2019 - December 31, 2019	2.9
	11.6

2020	11.1
2021	10.6
2022	10.1
2023 and thereafter	87.9
Total gross unearned insurance premiums	$	140.2

Schedule of Net Written Premiums

The following table presents a schedule of net written premiums included in White Mountains’s HG Global/BAM segment for the three months years ended March 31, 2018 and 2017:



	Three Months Ended March 31,
Millions	2018		2017
Gross written premiums	$	6.4	$	18.7
Assumed (ceded) written premiums	—		—
Net written premiums	$	6.4	$	18.7