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Goodwill and Other Intangible Assets (Tables) | 9 Months Ended
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Sep. 30, 2019
Goodwill and Intangible Assets Disclosure [Abstract] |
Schedule of Recognized Identified Assets Acquired and Liabilities Assumed | The following table presents a summary of the acquisition date fair values of goodwill and other intangible assets for acquisitions during the nine months ended September 30, 2019 and 2018:
$ in Millions |  |  |  |
Acquisition of subsidiary/ asset |  | Goodwill and Other intangible asset |  | Acquisition Date
NSM |  | $ | 383.0 |  |  | May 11, 2018
Fresh Insurance |  | 54.6 |  |  | May 18, 2018
KBK |  | 59.4 |  |  | December 3, 2018
Embrace |  | 70.6 |  | (1) | April 1, 2019
Renewal Rights (2) |  | 82.5 |  |  | June 28, 2019
Total NSM segment |  | $ | 650.1 |  |  |
Kudu Transaction |  | $ | 9.8 |  |  | April 4, 2019
Other Operations |  | $ | 13.1 |  | (1) | March 12, 2019
(1) The relative fair values of goodwill and of other intangible assets recognized in connection with the acquisition of Embrace and the acquisition in Other Operations had not yet been finalized at September 30, 2019.
Changes in Goodwill and Intangible Assets | he following tables presents the change in goodwill and other intangible assets for the three and nine months ended September 30, 2019 and 2018:
|  | Three Months Ended September 30,
|  | 2019 |  | 2018
Millions |  | Goodwill |  | Other Intangible Assets |  | Total Goodwill and Other Intangible Assets |  | Goodwill |  | Other Intangible Assets |  | Total Goodwill and Other Intangible Assets
Beginning balance |  | $ | 428.6 |  |  | $ | 239.0 |  |  | $ | 667.6 |  |  | $ | 25.9 |  |  | $ | 30.7 |  |  | $ | 56.6 |
Attribution of acquisition date fair value estimates between goodwill and other intangible assets |  | (2.2 | ) |  | 2.2 |  |  | — |  |  | 295.3 |  |  | 140.9 |  |  | 436.2 |
Foreign currency translation |  | (1.6 | ) |  | (.5 | ) |  | (2.1 | ) |  | (1.2 | ) |  | (.4 | ) | — |  | (1.6 | )
Adjustments to reflect acquisition date fair value |  | — |  |  | — |  |  | — |  |  | 1.4 |  |  | — |  | — |  | 1.4 |
Amortization |  | — |  |  | (4.6 | ) |  | (4.6 | ) |  | — |  |  | (7.4 | ) |  | (7.4 | )
Ending balance |  | $ | 424.8 |  |  | $ | 236.1 |  |  | $ | 660.9 |  |  | $ | 321.4 |  |  | $ | 163.8 |  |  | $ | 485.2 |
|  | Nine Months Ended September 30,
|  | 2019 |  | 2018
Millions |  | Goodwill |  | Other Intangible Assets |  | Total Goodwill and Other Intangible Assets |  | Goodwill |  | Other Intangible Assets |  | Total Goodwill and Other Intangible Assets
Beginning balance |  | $ | 379.9 |  |  | $ | 157.6 |  |  | $ | 537.5 |  |  | $ | 25.9 |  |  | $ | 36.2 |  |  | $ | 62.1 |
Deconsolidation of MediaAlpha |  | (18.3 | ) |  | (23.5 | ) |  | (41.8 | ) |  | — |  |  | — |  |  | — |
Attribution of acquisition date fair value estimates between goodwill and other intangible assets |  | (29.0 | ) |  | 29.0 |  |  | — |  |  | 295.3 |  |  | 140.9 |  |  | 436.2 |
Acquisitions of businesses |  | 93.8 |  | (1) | — |  |  | 93.8 |  |  | — |  |  | — |  |  | — |
Acquisition of collector car renewal rights |  | — |  |  | 82.5 |  |  | 82.5 |  |  | — |  |  | — |  |  | — |
Foreign currency translation |  | (1.6 | ) |  | — |  |  | (1.6 | ) |  | (1.2 | ) |  | (.4 | ) | — |  | (1.6 | )
Adjustments to reflect acquisition date fair value |  | — |  |  | 5.9 |  |  | 5.9 |  |  | 1.4 |  |  | — |  | — |  | 1.4 |
Amortization |  | — |  |  | (15.4 | ) |  | (15.4 | ) |  | — |  |  | (12.9 | ) |  | (12.9 | )
Ending balance |  | $ | 424.8 |  |  | $ | 236.1 |  |  | $ | 660.9 |  |  | $ | 321.4 |  |  | $ | 163.8 |  |  | $ | 485.2 |
(1) The relative fair values of goodwill and other intangible assets recognized in connection with the acquisition of Embrace and the acquisition in Other Operations had not yet been finalized at September 30, 2019.
Schedule of Intangible Assets and Goodwill | The following table presents the acquisition date fair values, accumulated amortization and net carrying values for other intangible assets and goodwill, by company as of September 30, 2019 and December 31, 2018:
$ in Millions |  | Weighted Average Economic life (in years) |  | September 30, 2019 |  | December 31, 2018
| Acquisition Date Fair Value |  | Accumulated Amortization |  | Net Carrying Value |  | Acquisition Date Fair Value |  | Accumulated Amortization |  | Net Carrying Value
Goodwill: |  |  |  |  |  |  |  |  |  |  |  |  |  |
NSM (1) |  | N/A |  | $ | 397.0 |  |  | $ | — |  |  | $ | 397.0 |  |  | $ | 354.3 |  |  | $ | — |  |  | $ | 354.3 |
Kudu |  | N/A |  | 7.6 |  |  | — |  |  | 7.6 |  |  | — |  |  | — |  |  | — |
MediaAlpha |  | N/A |  | — |  |  | — |  |  | — |  |  | 18.3 |  |  | — |  |  | 18.3 |
Other Operations (2) |  | N/A |  | 20.2 |  |  | — |  |  | 20.2 |  |  | 7.3 |  |  | — |  |  | 7.3 |
Total goodwill |  |  |  | 424.8 |  |  | — |  |  | 424.8 |  |  | 379.9 |  |  | — |  |  | 379.9 |
Other intangible assets: |  |  |  |  |  |  |  |  |  |  |  |  |  |
NSM (1) |  |  |  |  |  |  |  |  |  |  |  |  |  |
Customer relationships |  | 9 |  | 110.5 |  |  | 15.5 |  |  | 95.0 |  |  | 85.3 |  |  | 6.0 |  |  | 79.3 |
Trade names |  | 19 |  | 57.1 |  |  | 4.2 |  |  | 52.9 |  |  | 51.2 |  |  | 1.8 |  |  | 49.4 |
Information technology |  | 5 |  | 3.6 |  |  | 1.1 |  |  | 2.5 |  |  | 3.7 |  |  | .5 |  |  | 3.2 |
Renewal rights |  | 12 |  | 82.5 |  |  | .3 |  |  | 82.2 |  |  | — |  |  | — |  |  | — |
Other |  | 3 |  | 1.7 |  |  | .7 |  |  | 1.0 |  |  | — |  |  | — |  |  | — |
Subtotal |  |  |  | 255.4 |  |  | 21.8 |  |  | 233.6 |  |  | 140.2 |  |  | 8.3 |  |  | 131.9 |
Kudu |  |  |  |  |  |  |  |  |  |  |  |  |  |
Trade names |  | 7 |  | 2.2 |  |  | .2 |  |  | 2.0 |  |  | — |  |  | — |  |  | — |
MediaAlpha |  |  |  |  |  |  |  |  |  |  |  |  |  |
Customer relationships |  | 9 |  | — |  |  | — |  |  | — |  |  | 26.8 |  |  | 4.9 |  |  | 21.9 |
Information technology |  | 5 |  | — |  |  | — |  |  | — |  |  | 33.3 |  |  | 30.9 |  |  | 2.4 |
Other |  | 3 |  | — |  |  | — |  |  | — |  |  | 9.8 |  |  | 9.0 |  |  | .8 |
Subtotal |  |  |  | — |  |  | — |  |  | — |  |  | 69.9 |  |  | 44.8 |  |  | 25.1 |
Other Operations |  |  |  |  |  |  |  |  |  |  |  |  |  |
Trade names |  | 7 |  | .6 |  |  | .2 |  |  | .4 |  |  | .6 |  |  | .2 |  |  | .4 |
Information technology |  | 5 |  | .4 |  |  | .3 |  |  | .1 |  |  | .5 |  |  | .3 |  |  | .2 |
Subtotal |  |  |  | 1.0 |  |  | .5 |  |  | .5 |  |  | 1.1 |  |  | .5 |  |  | .6 |
Total other intangible assets |  | 258.6 |  |  | 22.5 |  |  | 236.1 |  |  | 211.2 |  |  | 53.6 |  |  | 157.6 |
Total goodwill and other intangible assets |  | $ | 683.4 |  |  | $ | 22.5 |  |  | 660.9 |  |  | $ | 591.1 |  |  | $ | 53.6 |  |  | 537.5 |
Goodwill and other intangible assets attributed to non-controlling interests |  |  |  |  |  | (25.0 | ) |  |  |  |  |  | (40.6 | )
Goodwill and other intangible assets included in White Mountains’s common shareholders’ equity |  |  |  |  |  | $ | 635.9 |  |  |  |  |  |  | $ | 496.9 |
(1) As of September 30, 2019, NSM’s goodwill included $(1.5) and $(2.2) of the effect of foreign currency translation. As of December 31, 2018, NSM’s intangible assets include $(0.7) of the effect of foreign currency translation. (2) As of September 30, 2019 and December 31, 2018, Other Operations’ goodwill included $(0.1) and $(0.3) of the effect of foreign currency translation.

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- Definition Tabular disclosure of the amounts recognized as of the acquisition date for each major class of assets acquired and liabilities assumed. May include but not limited to the following: (a) acquired receivables; (b) contingencies recognized at the acquisition date; and (c) the fair value of noncontrolling interests in the acquiree. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 805 -SubTopic 20 -Section 50 -Paragraph 1 -URI http://asc.fasb.org/extlink&oid=116869197&loc=d3e4845-128472 + Details
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