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Segment Information - Financial Information for White Mountain's Segments (Details) - USD ($)
$ in Millions
11 Months Ended 12 Months Ended
Dec. 05, 2025
Dec. 31, 2025
Dec. 31, 2024
Dec. 31, 2023
Segment reporting information        
Earned insurance premiums   $ 1,777.1 $ 1,691.6 $ 1,440.9
Net investment income   248.0 227.4 194.2
Net realized and unrealized investment gains (losses)   361.5 184.9 434.2
Interest income from BAM Surplus Notes   29.8 15.8 0.0
Change in fair value of BAM Surplus Notes   (37.5) 0.5 0.0
Unrealized loss on deconsolidation of BAM   0.0 (114.5) 0.0
Commission and fee revenues   284.5 149.4 13.2
Net gain on sale of the Bamboo Group   849.3 0.0 0.0
Other revenues   222.3 84.7 84.2
Total revenues   3,735.0 2,239.8 2,166.7
Loss and loss adjustment expenses   882.2 888.5 726.8
Acquisition expenses   420.2 341.5 290.1
Cost of sales   151.8 29.6 40.4
Broker commission expense   94.1 51.3  
General and administrative expenses   606.6 490.1 432.6
Change in fair value of contingent consideration   173.0 61.3 48.7
Interest expense   78.4 60.8 62.7
Total expenses   2,406.3 1,923.1 1,601.3
Pre-tax income (loss)   1,328.7 316.7 565.4
Other intangible assets, finite-lived, accumulated amortization   38.9 39.0  
Other Operations        
Segment reporting information        
Earned insurance premiums   22.2 32.7 0.0
Net investment income   32.1 35.6 30.1
Interest income from BAM Surplus Notes   0.0 0.0 0.0
Change in fair value of BAM Surplus Notes   0.0    
Unrealized loss on deconsolidation of BAM     0.0  
Commission and fee revenues   16.4 14.8 13.2
Net gain on sale of the Bamboo Group   849.3 0.0 0.0
Other revenues   200.6 56.8 80.5
Total revenues   1,230.2 234.9 339.4
Loss and loss adjustment expenses   20.0 12.1 0.0
Acquisition expenses   8.3 12.1 0.0
Cost of sales   151.8 29.6 40.4
Broker commission expense   0.0 0.0  
General and administrative expenses   236.7 169.5 182.3
Change in fair value of contingent consideration   0.0 0.0 0.0
Interest expense   3.2 2.5 3.7
Total expenses   420.0 225.8 226.4
Pre-tax income (loss)   810.2 9.1 113.0
Other intangible assets, finite-lived, accumulated amortization   29.0 20.8  
Investments, Excluding MediaAlpha        
Segment reporting information        
Net realized and unrealized investment gains (losses)   331.9 146.9 407.1
Investments, Excluding MediaAlpha | Other Operations        
Segment reporting information        
Net realized and unrealized investment gains (losses)   80.0 57.0 188.5
MediaAlpha        
Segment reporting information        
Net realized and unrealized investment gains (losses)   29.6 38.0 27.1
Change in fair value of BAM Surplus Notes     0.5  
MediaAlpha | Other Operations        
Segment reporting information        
Net realized and unrealized investment gains (losses)   29.6 38.0 27.1
Change in fair value of BAM Surplus Notes     0.0  
P&C Insurance and Reinsurance (Ark/WM Outrigger)        
Segment reporting information        
Earned insurance premiums   1,697.4 1,587.8 1,409.7
Loss and loss adjustment expenses   844.2 855.8 726.8
P&C Insurance and Reinsurance (Ark/WM Outrigger) | Operating Segments        
Segment reporting information        
Earned insurance premiums   1,697.4 1,587.8 1,409.7
Net investment income   106.5 90.7 61.4
Net realized and unrealized investment gains (losses)   124.6 50.1 85.9
Other revenues   15.3 22.3 0.8
Loss and loss adjustment expenses   844.2 855.8 726.8
Acquisition expenses   394.2 307.1 281.5
General and administrative expenses   205.1 208.4 162.0
Change in fair value of contingent consideration   173.0 61.3 48.7
Interest expense   17.1 19.5 21.3
Total expenses   1,633.6 1,452.1 1,240.3
P&C Insurance and Reinsurance (Ark/WM Outrigger) | Ark | Operating Segments        
Segment reporting information        
Earned insurance premiums   1,612.8 1,499.8 1,305.4
Net investment income   97.4 79.4 50.4
Interest income from BAM Surplus Notes   0.0 0.0 0.0
Change in fair value of BAM Surplus Notes   0.0    
Unrealized loss on deconsolidation of BAM     0.0  
Commission and fee revenues   0.0 0.0 0.0
Net gain on sale of the Bamboo Group   0.0    
Other revenues   15.3 22.3 0.8
Total revenues   1,850.1 1,651.6 1,442.5
Loss and loss adjustment expenses   818.8 825.9 711.2
Acquisition expenses   371.1 283.9 251.0
Cost of sales   0.0 0.0 0.0
Broker commission expense   0.0 0.0  
General and administrative expenses   205.0 208.3 161.7
Change in fair value of contingent consideration   173.0 61.3 48.7
Interest expense   17.1 19.5 21.3
Total expenses   1,585.0 1,398.9 1,193.9
Pre-tax income (loss)   265.1 252.7 248.6
Other underwriting expenses   143.9 136.1 113.6
P&C Insurance and Reinsurance (Ark/WM Outrigger) | Ark | Investments, Excluding MediaAlpha | Operating Segments        
Segment reporting information        
Net realized and unrealized investment gains (losses)   124.6 50.1 85.9
P&C Insurance and Reinsurance (Ark/WM Outrigger) | Ark | MediaAlpha | Operating Segments        
Segment reporting information        
Net realized and unrealized investment gains (losses)   0.0 0.0 0.0
Change in fair value of BAM Surplus Notes     0.0  
P&C Insurance and Reinsurance (Ark/WM Outrigger) | WM Outrigger Re - Segment | Operating Segments        
Segment reporting information        
Earned insurance premiums   84.6 88.0 104.3
Net investment income   9.1 11.3 11.0
Interest income from BAM Surplus Notes   0.0 0.0 0.0
Change in fair value of BAM Surplus Notes   0.0    
Unrealized loss on deconsolidation of BAM     0.0  
Commission and fee revenues   0.0 0.0 0.0
Net gain on sale of the Bamboo Group   0.0    
Other revenues   0.0 0.0 0.0
Total revenues   93.7 99.3 115.3
Loss and loss adjustment expenses   25.4 29.9 15.6
Acquisition expenses   23.1 23.2 30.5
Cost of sales   0.0 0.0 0.0
Broker commission expense   0.0 0.0  
General and administrative expenses   0.1 0.1 0.3
Change in fair value of contingent consideration   0.0 0.0 0.0
Interest expense   0.0 0.0 0.0
Total expenses   48.6 53.2 46.4
Pre-tax income (loss)   45.1 46.1 68.9
P&C Insurance and Reinsurance (Ark/WM Outrigger) | WM Outrigger Re - Segment | Investments, Excluding MediaAlpha | Operating Segments        
Segment reporting information        
Net realized and unrealized investment gains (losses)   0.0 0.0 0.0
P&C Insurance and Reinsurance (Ark/WM Outrigger) | WM Outrigger Re - Segment | MediaAlpha | Operating Segments        
Segment reporting information        
Net realized and unrealized investment gains (losses)   0.0 0.0 0.0
Change in fair value of BAM Surplus Notes     0.0  
Financial Guarantee (HG Global)        
Segment reporting information        
Earned insurance premiums   30.8 31.7 31.2
Financial Guarantee (HG Global) | Operating Segments        
Segment reporting information        
Earned insurance premiums   30.8 31.7 31.2
Net investment income   27.1 32.2 31.7
Net realized and unrealized investment gains (losses)   23.2 (11.5) 26.6
Interest income from BAM Surplus Notes   29.8 15.8 0.0
Change in fair value of BAM Surplus Notes   (37.5) 0.5 0.0
Unrealized loss on deconsolidation of BAM   0.0 (114.5) 0.0
Other revenues   0.2 1.2 2.9
Acquisition expenses   8.0 8.2 8.6
General and administrative expenses   3.1 35.7 68.9
Interest expense   17.4 16.7 16.5
Total expenses   28.5 60.6 94.0
Financial Guarantee (HG Global) | HG Global | Operating Segments        
Segment reporting information        
Earned insurance premiums   30.8 28.9 26.0
Net investment income   27.1 23.4 17.1
Interest income from BAM Surplus Notes   29.8 29.0 26.2
Change in fair value of BAM Surplus Notes   (37.5)    
Unrealized loss on deconsolidation of BAM     (114.5)  
Commission and fee revenues   0.0 0.0 0.0
Net gain on sale of the Bamboo Group   0.0    
Other revenues   0.2 0.1 0.0
Total revenues   73.6 (39.0) 82.9
Loss and loss adjustment expenses   0.0 0.0 0.0
Acquisition expenses   8.0 7.8 7.4
Cost of sales   0.0 0.0 0.0
Broker commission expense   0.0 0.0  
General and administrative expenses   3.1 2.2 2.8
Change in fair value of contingent consideration   0.0 0.0 0.0
Interest expense   17.4 16.7 16.5
Total expenses   28.5 26.7 26.7
Pre-tax income (loss)   45.1 (65.7) 56.2
Financial Guarantee (HG Global) | HG Global | Investments, Excluding MediaAlpha | Operating Segments        
Segment reporting information        
Net realized and unrealized investment gains (losses)   23.2 (6.4) 13.6
Financial Guarantee (HG Global) | HG Global | MediaAlpha | Operating Segments        
Segment reporting information        
Net realized and unrealized investment gains (losses)   0.0 0.0 0.0
Change in fair value of BAM Surplus Notes     0.5  
Financial Guarantee (HG Global) | BAM | Operating Segments        
Segment reporting information        
Earned insurance premiums     2.8 5.2
Net investment income     8.8 14.6
Interest income from BAM Surplus Notes     (13.2) (26.2)
Unrealized loss on deconsolidation of BAM     0.0  
Commission and fee revenues     0.0 0.0
Other revenues     1.1 2.9
Total revenues     (5.6) 9.5
Loss and loss adjustment expenses     0.0 0.0
Acquisition expenses     0.4 1.2
Cost of sales     0.0 0.0
Broker commission expense     0.0  
General and administrative expenses     33.5 66.1
Change in fair value of contingent consideration     0.0 0.0
Interest expense     0.0 0.0
Total expenses     33.9 67.3
Pre-tax income (loss)     (39.5) (57.8)
Financial Guarantee (HG Global) | BAM | Investments, Excluding MediaAlpha | Operating Segments        
Segment reporting information        
Net realized and unrealized investment gains (losses)     (5.1) 13.0
Financial Guarantee (HG Global) | BAM | MediaAlpha | Operating Segments        
Segment reporting information        
Net realized and unrealized investment gains (losses)     0.0 0.0
Change in fair value of BAM Surplus Notes     0.0  
Asset Management (Kudu) | Operating Segments        
Segment reporting information        
Earned insurance premiums   0.0 0.0 0.0
Net investment income   78.7 66.7 71.0
Net realized and unrealized investment gains (losses)   103.5 51.3 106.1
Interest income from BAM Surplus Notes   0.0 0.0 0.0
Change in fair value of BAM Surplus Notes   0.0    
Unrealized loss on deconsolidation of BAM     0.0  
Commission and fee revenues   0.0 0.0 0.0
Net gain on sale of the Bamboo Group   0.0    
Other revenues   1.2 0.8 0.0
Total revenues   183.4 118.8 177.1
Loss and loss adjustment expenses   0.0 0.0 0.0
Acquisition expenses   0.0 0.0 0.0
Cost of sales   0.0 0.0 0.0
Broker commission expense   0.0 0.0  
General and administrative expenses   17.9 15.4 19.4
Change in fair value of contingent consideration   0.0 0.0 0.0
Interest expense   25.9 22.1 21.2
Total expenses   43.8 37.5 40.6
Pre-tax income (loss)   139.6 81.3 136.5
Asset Management (Kudu) | Investments, Excluding MediaAlpha | Operating Segments        
Segment reporting information        
Net realized and unrealized investment gains (losses)   103.5 51.3 106.1
Asset Management (Kudu) | MediaAlpha | Operating Segments        
Segment reporting information        
Net realized and unrealized investment gains (losses)   0.0 0.0 0.0
Change in fair value of BAM Surplus Notes     0.0  
P&C Insurance Distribution (Bamboo) | Operating Segments        
Segment reporting information        
Earned insurance premiums   26.7 39.4 0.0
Net investment income   2.6 2.2  
Interest income from BAM Surplus Notes   0.0 0.0  
Change in fair value of BAM Surplus Notes   0.0    
Unrealized loss on deconsolidation of BAM     0.0  
Commission and fee revenues   211.4 134.6 0.0
Net gain on sale of the Bamboo Group   0.0    
Other revenues   5.0 3.6  
Other revenues   8.2 5.8 0.0
Total revenues   246.3 179.8  
Loss and loss adjustment expenses $ 18.0 18.0 20.6 0.0
Acquisition expenses   9.7 14.1 0.0
Cost of sales   0.0 0.0  
Broker commission expense   72.0 51.3 0.0
General and administrative expenses   96.8 61.1 0.0
Change in fair value of contingent consideration   0.0 0.0  
Interest expense   9.7 0.0 0.0
Total expenses   206.2 147.1 0.0
Pre-tax income (loss)   40.1 32.7  
Amortization of other intangibles   12.0 16.4  
Other intangible assets, finite-lived, accumulated amortization   0.0 16.4  
P&C Insurance Distribution (Bamboo) | Investments, Excluding MediaAlpha | Operating Segments        
Segment reporting information        
Net realized and unrealized investment gains (losses)   0.6 0.0  
P&C Insurance Distribution (Bamboo) | MediaAlpha | Operating Segments        
Segment reporting information        
Net realized and unrealized investment gains (losses)   0.0 0.0  
Change in fair value of BAM Surplus Notes     0.0  
Distinguished Partners | Operating Segments        
Segment reporting information        
Earned insurance premiums   0.0    
Net investment income   1.0    
Interest income from BAM Surplus Notes   0.0    
Change in fair value of BAM Surplus Notes   0.0    
Commission and fee revenues   56.7 0.0 0.0
Net gain on sale of the Bamboo Group   0.0    
Other revenues   0.0    
Other revenues   1.0 0.0 0.0
Total revenues   57.7    
Loss and loss adjustment expenses   0.0    
Acquisition expenses   0.0    
Cost of sales   0.0    
Broker commission expense   22.1 0.0 0.0
General and administrative expenses   47.0 0.0 0.0
Change in fair value of contingent consideration   0.0    
Interest expense   5.1 0.0 0.0
Total expenses   74.2 0.0 $ 0.0
Pre-tax income (loss)   (16.5)    
Other intangible assets, finite-lived, accumulated amortization   7.8 $ 0.0  
Distinguished Partners | Investments, Excluding MediaAlpha | Operating Segments        
Segment reporting information        
Net realized and unrealized investment gains (losses)   0.0    
Distinguished Partners | MediaAlpha | Operating Segments        
Segment reporting information        
Net realized and unrealized investment gains (losses)   $ 0.0