2023 Q3 Form 10-Q Financial Statement

#000077686723000013 Filed on August 07, 2023

View on sec.gov

Income Statement

Concept 2023 Q3 2023 Q2
Revenue $519.6M $378.4M
YoY Change 35.59% 393.35%
Cost Of Revenue $8.000M $11.60M
YoY Change -68.0% -48.21%
Gross Profit $511.6M $366.8M
YoY Change 42.83% 575.51%
Gross Profit Margin 98.46% 96.93%
Selling, General & Admin $107.6M $114.2M
YoY Change -4.01% -6.93%
% of Gross Profit 21.03% 31.13%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $92.40M -$24.10M
YoY Change 139.38% 14.76%
% of Gross Profit 18.06% -6.57%
Operating Expenses $482.8M $344.6M
YoY Change 19.59% 15.17%
Operating Profit $28.80M $22.20M
YoY Change -163.3% -109.06%
Interest Expense $15.70M -$16.40M
YoY Change -249.52% 62.38%
% of Operating Profit 54.51% -73.87%
Other Income/Expense, Net
YoY Change
Pretax Income $21.10M $17.40M
YoY Change -168.06% -107.48%
Income Tax $7.300M $200.0K
% Of Pretax Income 34.6% 1.15%
Net Earnings $23.60M $19.60M
YoY Change -97.34% -111.58%
Net Earnings / Revenue 4.54% 5.18%
Basic Earnings Per Share $9.19 $7.65
Diluted Earnings Per Share $9.19 $7.65
COMMON SHARES
Basic Shares Outstanding 2.560M shares 2.563M shares
Diluted Shares Outstanding 2.523M shares 2.525M shares

Balance Sheet

Concept 2023 Q3 2023 Q2
SHORT-TERM ASSETS
Cash & Short-Term Investments
YoY Change
Cash & Equivalents $162.8M $154.5M
Short-Term Investments
Other Short-Term Assets
YoY Change
Inventory
Prepaid Expenses
Receivables
Other Receivables
Total Short-Term Assets
YoY Change
LONG-TERM ASSETS
Property, Plant & Equipment
YoY Change
Goodwill $168.8M $168.8M
YoY Change -3.82% -16.35%
Intangibles $203.3M $204.8M
YoY Change -6.61% 4.38%
Long-Term Investments $5.862B $5.633B
YoY Change 13.74% 39.91%
Other Assets
YoY Change
Total Long-Term Assets
YoY Change
TOTAL ASSETS
Total Short-Term Assets
Total Long-Term Assets
Total Assets $8.143B $8.376B
YoY Change 7.92% 9.34%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable
YoY Change
Accrued Expenses $83.90M $65.70M
YoY Change -27.23% -31.42%
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00
YoY Change
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities $83.90M $65.70M
YoY Change -27.23% -31.42%
LONG-TERM LIABILITIES
Long-Term Debt $564.7M $566.1M
YoY Change -8.25% -8.41%
Other Long-Term Liabilities $315.0M $270.4M
YoY Change 32.46% -62.42%
Total Long-Term Liabilities $879.7M $836.5M
YoY Change 3.09% -37.46%
TOTAL LIABILITIES
Total Short-Term Liabilities $83.90M $65.70M
Total Long-Term Liabilities $879.7M $836.5M
Total Liabilities $3.979B $4.250B
YoY Change 8.15% 1.95%
SHAREHOLDERS EQUITY
Retained Earnings $3.404B $3.381B
YoY Change 7.19% 24.06%
Common Stock $2.600M $2.600M
YoY Change 0.0% -10.34%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $3.949B $3.922B
YoY Change
Total Liabilities & Shareholders Equity $8.143B $8.376B
YoY Change 7.92% 9.34%

Cashflow Statement

Concept 2023 Q3 2023 Q2
OPERATING ACTIVITIES
Net Income $23.60M $19.60M
YoY Change -97.34% -111.58%
Depreciation, Depletion And Amortization $92.40M -$24.10M
YoY Change 139.38% 14.76%
Cash From Operating Activities $222.9M $71.10M
YoY Change 92.82% 30.46%
INVESTING ACTIVITIES
Capital Expenditures
YoY Change
Acquisitions
YoY Change
Other Investing Activities -$232.2M -$126.2M
YoY Change -199.1% 18.39%
Cash From Investing Activities -$232.2M -$126.2M
YoY Change -199.1% 18.39%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities 17.60M 6.900M
YoY Change -103.61% -96.87%
NET CHANGE
Cash From Operating Activities 222.9M 71.10M
Cash From Investing Activities -232.2M -126.2M
Cash From Financing Activities 17.60M 6.900M
Net Change In Cash 8.300M -48.20M
YoY Change -106.03% -128.61%
FREE CASH FLOW
Cash From Operating Activities $222.9M $71.10M
Capital Expenditures
Free Cash Flow
YoY Change

Facts In Submission

Frame Concept Type Concept / XBRL Key Value Unit
CY2022Q4 us-gaap Common Stock Shares Outstanding
CommonStockSharesOutstanding
2572156 shares
CY2022Q4 us-gaap Common Stock Shares Issued
CommonStockSharesIssued
2572156 shares
CY2023Q2 us-gaap Income Loss From Discontinued Operations Net Of Tax
IncomeLossFromDiscontinuedOperationsNetOfTax
0 usd
CY2022Q2 us-gaap Income Loss From Discontinued Operations Net Of Tax
IncomeLossFromDiscontinuedOperationsNetOfTax
6400000 usd
us-gaap Income Loss From Discontinued Operations Net Of Tax
IncomeLossFromDiscontinuedOperationsNetOfTax
0 usd
us-gaap Income Loss From Discontinued Operations Net Of Tax
IncomeLossFromDiscontinuedOperationsNetOfTax
10100000 usd
CY2023Q2 us-gaap Profit Loss
ProfitLoss
17200000 usd
CY2022Q2 us-gaap Profit Loss
ProfitLoss
-210200000 usd
us-gaap Profit Loss
ProfitLoss
204400000 usd
us-gaap Profit Loss
ProfitLoss
-218600000 usd
CY2023Q2 us-gaap Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
-2400000 usd
CY2022Q2 us-gaap Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
-41000000.0 usd
us-gaap Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
5300000 usd
us-gaap Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
-82800000 usd
CY2023Q2 us-gaap Net Income Loss
NetIncomeLoss
19600000 usd
CY2022Q2 us-gaap Net Income Loss
NetIncomeLoss
-169200000 usd
us-gaap Net Income Loss
NetIncomeLoss
199100000 usd
us-gaap Net Income Loss
NetIncomeLoss
-135800000 usd
CY2023Q2 us-gaap Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent
1400000 usd
CY2022Q2 us-gaap Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent
-1100000 usd
us-gaap Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent
2600000 usd
us-gaap Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent
-1500000 usd
CY2023Q2 wtm Other Comprehensive Income Loss Discontinued Operations Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeLossDiscontinuedOperationsNetOfTaxPortionAttributableToParent
0 usd
CY2022Q2 wtm Other Comprehensive Income Loss Discontinued Operations Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeLossDiscontinuedOperationsNetOfTaxPortionAttributableToParent
-4000000.0 usd
wtm Other Comprehensive Income Loss Discontinued Operations Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeLossDiscontinuedOperationsNetOfTaxPortionAttributableToParent
0 usd
wtm Other Comprehensive Income Loss Discontinued Operations Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeLossDiscontinuedOperationsNetOfTaxPortionAttributableToParent
-5900000 usd
CY2023Q2 us-gaap Comprehensive Income Net Of Tax Including Portion Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest
21000000.0 usd
CY2022Q2 us-gaap Comprehensive Income Net Of Tax Including Portion Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest
-174300000 usd
us-gaap Comprehensive Income Net Of Tax Including Portion Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest
201700000 usd
us-gaap Comprehensive Income Net Of Tax Including Portion Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest
-143200000 usd
CY2023Q2 us-gaap Comprehensive Income Net Of Tax Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest
400000 usd
CY2022Q2 us-gaap Comprehensive Income Net Of Tax Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest
-500000 usd
us-gaap Comprehensive Income Net Of Tax Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest
800000 usd
us-gaap Comprehensive Income Net Of Tax Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest
-700000 usd
CY2023Q2 us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
20600000 usd
CY2022Q2 us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
-173800000 usd
us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
200900000 usd
us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
-142500000 usd
CY2023Q2 us-gaap Income Loss From Continuing Operations Per Basic Share
IncomeLossFromContinuingOperationsPerBasicShare
7.65
CY2022Q2 us-gaap Income Loss From Continuing Operations Per Basic Share
IncomeLossFromContinuingOperationsPerBasicShare
-58.78
us-gaap Income Loss From Continuing Operations Per Basic Share
IncomeLossFromContinuingOperationsPerBasicShare
77.57
us-gaap Income Loss From Continuing Operations Per Basic Share
IncomeLossFromContinuingOperationsPerBasicShare
-48.57
CY2023Q2 us-gaap Income Loss From Discontinued Operations Net Of Tax Per Basic Share
IncomeLossFromDiscontinuedOperationsNetOfTaxPerBasicShare
0
CY2022Q2 us-gaap Income Loss From Discontinued Operations Net Of Tax Per Basic Share
IncomeLossFromDiscontinuedOperationsNetOfTaxPerBasicShare
1.98
us-gaap Income Loss From Discontinued Operations Net Of Tax Per Basic Share
IncomeLossFromDiscontinuedOperationsNetOfTaxPerBasicShare
0
us-gaap Income Loss From Discontinued Operations Net Of Tax Per Basic Share
IncomeLossFromDiscontinuedOperationsNetOfTaxPerBasicShare
3.17
CY2023Q2 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
7.65
CY2022Q2 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
-56.80
us-gaap Earnings Per Share Basic
EarningsPerShareBasic
77.57
us-gaap Earnings Per Share Basic
EarningsPerShareBasic
-45.40
CY2023Q2 us-gaap Income Loss From Continuing Operations Per Diluted Share
IncomeLossFromContinuingOperationsPerDilutedShare
7.65
CY2022Q2 us-gaap Income Loss From Continuing Operations Per Diluted Share
IncomeLossFromContinuingOperationsPerDilutedShare
-58.78
us-gaap Income Loss From Continuing Operations Per Diluted Share
IncomeLossFromContinuingOperationsPerDilutedShare
77.57
us-gaap Income Loss From Continuing Operations Per Diluted Share
IncomeLossFromContinuingOperationsPerDilutedShare
-48.57
CY2023Q2 us-gaap Income Loss From Discontinued Operations Net Of Tax Per Diluted Share
IncomeLossFromDiscontinuedOperationsNetOfTaxPerDilutedShare
0
CY2022Q2 us-gaap Income Loss From Discontinued Operations Net Of Tax Per Diluted Share
IncomeLossFromDiscontinuedOperationsNetOfTaxPerDilutedShare
1.98
us-gaap Income Loss From Discontinued Operations Net Of Tax Per Diluted Share
IncomeLossFromDiscontinuedOperationsNetOfTaxPerDilutedShare
0
us-gaap Income Loss From Discontinued Operations Net Of Tax Per Diluted Share
IncomeLossFromDiscontinuedOperationsNetOfTaxPerDilutedShare
3.17
CY2023Q2 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
7.65
CY2022Q2 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
-56.80
us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
77.57
us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
-45.40
CY2023Q2 us-gaap Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
0
CY2022Q2 us-gaap Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
0
us-gaap Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
1.00
us-gaap Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
1.00
us-gaap Profit Loss
ProfitLoss
204400000 usd
us-gaap Profit Loss
ProfitLoss
-218600000 usd
wtm Gain Loss On Investments Before Tax
GainLossOnInvestmentsBeforeTax
201600000 usd
wtm Gain Loss On Investments Before Tax
GainLossOnInvestmentsBeforeTax
-112500000 usd
us-gaap Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
-4500000 usd
us-gaap Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
4000000.0 usd
wtm Amortizationof Restricted Sharesand Option Awards
AmortizationofRestrictedSharesandOptionAwards
7200000 usd
wtm Amortizationof Restricted Sharesand Option Awards
AmortizationofRestrictedSharesandOptionAwards
6500000 usd
us-gaap Depreciation Amortization And Accretion Net
DepreciationAmortizationAndAccretionNet
-5000000.0 usd
us-gaap Depreciation Amortization And Accretion Net
DepreciationAmortizationAndAccretionNet
8400000 usd
us-gaap Income Loss From Discontinued Operations Net Of Tax
IncomeLossFromDiscontinuedOperationsNetOfTax
0 usd
us-gaap Income Loss From Discontinued Operations Net Of Tax
IncomeLossFromDiscontinuedOperationsNetOfTax
10100000 usd
us-gaap Increase Decrease In Reinsurance Recoverable
IncreaseDecreaseInReinsuranceRecoverable
74400000 usd
us-gaap Increase Decrease In Reinsurance Recoverable
IncreaseDecreaseInReinsuranceRecoverable
-11400000 usd
us-gaap Increase Decrease In Premiums Receivable
IncreaseDecreaseInPremiumsReceivable
532900000 usd
us-gaap Increase Decrease In Premiums Receivable
IncreaseDecreaseInPremiumsReceivable
478800000 usd
us-gaap Increase Decrease In Deferred Policy Acquisition Costs
IncreaseDecreaseInDeferredPolicyAcquisitionCosts
106300000 usd
us-gaap Increase Decrease In Deferred Policy Acquisition Costs
IncreaseDecreaseInDeferredPolicyAcquisitionCosts
85000000.0 usd
us-gaap Increase Decrease In Liability For Claims And Claims Adjustment Expense Reserve
IncreaseDecreaseInLiabilityForClaimsAndClaimsAdjustmentExpenseReserve
124500000 usd
us-gaap Increase Decrease In Liability For Claims And Claims Adjustment Expense Reserve
IncreaseDecreaseInLiabilityForClaimsAndClaimsAdjustmentExpenseReserve
127400000 usd
us-gaap Increase Decrease In Unearned Premiums
IncreaseDecreaseInUnearnedPremiums
758700000 usd
us-gaap Increase Decrease In Unearned Premiums
IncreaseDecreaseInUnearnedPremiums
532400000 usd
us-gaap Increase Decrease In Reinsurance Payables
IncreaseDecreaseInReinsurancePayables
-4100000 usd
us-gaap Increase Decrease In Reinsurance Payables
IncreaseDecreaseInReinsurancePayables
-5300000 usd
wtm Increase Decrease In Restricted Cash Operating Activities
IncreaseDecreaseInRestrictedCashOperatingActivities
-1200000 usd
wtm Increase Decrease In Restricted Cash Operating Activities
IncreaseDecreaseInRestrictedCashOperatingActivities
-2800000 usd
wtm Increase In Debt Securities Trading And Equity Securities Fvni
IncreaseInDebtSecuritiesTradingAndEquitySecuritiesFVNI
74600000 usd
wtm Increase In Debt Securities Trading And Equity Securities Fvni
IncreaseInDebtSecuritiesTradingAndEquitySecuritiesFVNI
-52800000 usd
us-gaap Increase Decrease In Trading Securities
IncreaseDecreaseInTradingSecurities
81600000 usd
us-gaap Increase Decrease In Trading Securities
IncreaseDecreaseInTradingSecurities
0 usd
us-gaap Increase Decrease In Other Operating Capital Net
IncreaseDecreaseInOtherOperatingCapitalNet
-4400000 usd
us-gaap Increase Decrease In Other Operating Capital Net
IncreaseDecreaseInOtherOperatingCapitalNet
46300000 usd
us-gaap Net Cash Provided By Used In Operating Activities Continuing Operations
NetCashProvidedByUsedInOperatingActivitiesContinuingOperations
156700000 usd
us-gaap Net Cash Provided By Used In Operating Activities Continuing Operations
NetCashProvidedByUsedInOperatingActivitiesContinuingOperations
3200000 usd
us-gaap Cash Provided By Used In Operating Activities Discontinued Operations
CashProvidedByUsedInOperatingActivitiesDiscontinuedOperations
0 usd
us-gaap Cash Provided By Used In Operating Activities Discontinued Operations
CashProvidedByUsedInOperatingActivitiesDiscontinuedOperations
36700000 usd
us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
156700000 usd
us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
39900000 usd
us-gaap Payments For Proceeds From Short Term Investments
PaymentsForProceedsFromShortTermInvestments
42600000 usd
us-gaap Payments For Proceeds From Short Term Investments
PaymentsForProceedsFromShortTermInvestments
-212600000 usd
wtm Proceeds From Sale Of Trading Fixed Maturity And Convertible Fixed Maturity Investments
ProceedsFromSaleOfTradingFixedMaturityAndConvertibleFixedMaturityInvestments
90500000 usd
wtm Proceeds From Sale Of Trading Fixed Maturity And Convertible Fixed Maturity Investments
ProceedsFromSaleOfTradingFixedMaturityAndConvertibleFixedMaturityInvestments
153400000 usd
wtm Proceeds From Maturities Of Trading Fixed Maturity And Convertible Fixed Maturity Investments
ProceedsFromMaturitiesOfTradingFixedMaturityAndConvertibleFixedMaturityInvestments
146300000 usd
wtm Proceeds From Maturities Of Trading Fixed Maturity And Convertible Fixed Maturity Investments
ProceedsFromMaturitiesOfTradingFixedMaturityAndConvertibleFixedMaturityInvestments
75600000 usd
wtm Proceeds From Sale Of Trading Common Equity Securities
ProceedsFromSaleOfTradingCommonEquitySecurities
119200000 usd
wtm Proceeds From Sale Of Trading Common Equity Securities
ProceedsFromSaleOfTradingCommonEquitySecurities
0 usd
us-gaap Proceeds From Sale And Maturity Of Other Investments
ProceedsFromSaleAndMaturityOfOtherInvestments
18700000 usd
us-gaap Proceeds From Sale And Maturity Of Other Investments
ProceedsFromSaleAndMaturityOfOtherInvestments
46500000 usd
us-gaap Cash Acquired From Acquisition
CashAcquiredFromAcquisition
0.0 usd
us-gaap Cash Acquired From Acquisition
CashAcquiredFromAcquisition
300000 usd
us-gaap Payments For Proceeds From Businesses And Interest In Affiliates
PaymentsForProceedsFromBusinessesAndInterestInAffiliates
0 usd
us-gaap Payments For Proceeds From Businesses And Interest In Affiliates
PaymentsForProceedsFromBusinessesAndInterestInAffiliates
67900000 usd
wtm Payments To Acquire Trading Fixed Maturity And Convertible Fixed Maturity Investments
PaymentsToAcquireTradingFixedMaturityAndConvertibleFixedMaturityInvestments
240500000 usd
wtm Payments To Acquire Trading Fixed Maturity And Convertible Fixed Maturity Investments
PaymentsToAcquireTradingFixedMaturityAndConvertibleFixedMaturityInvestments
330800000 usd
wtm Payments To Acquire Trading Common Equity Securities
PaymentsToAcquireTradingCommonEquitySecurities
104200000 usd
wtm Payments To Acquire Trading Common Equity Securities
PaymentsToAcquireTradingCommonEquitySecurities
38100000 usd
us-gaap Payments To Acquire Other Investments
PaymentsToAcquireOtherInvestments
215900000 usd
us-gaap Payments To Acquire Other Investments
PaymentsToAcquireOtherInvestments
50400000 usd
us-gaap Payments For Proceeds From Other Investing Activities
PaymentsForProceedsFromOtherInvestingActivities
11600000 usd
us-gaap Payments For Proceeds From Other Investing Activities
PaymentsForProceedsFromOtherInvestingActivities
-5700000 usd
us-gaap Net Cash Provided By Used In Investing Activities Continuing Operations
NetCashProvidedByUsedInInvestingActivitiesContinuingOperations
-222800000 usd
us-gaap Net Cash Provided By Used In Investing Activities Continuing Operations
NetCashProvidedByUsedInInvestingActivitiesContinuingOperations
26100000 usd
us-gaap Cash Provided By Used In Investing Activities Discontinued Operations
CashProvidedByUsedInInvestingActivitiesDiscontinuedOperations
0 usd
us-gaap Cash Provided By Used In Investing Activities Discontinued Operations
CashProvidedByUsedInInvestingActivitiesDiscontinuedOperations
7100000 usd
us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-222800000 usd
us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
33200000 usd
us-gaap Proceeds From Lines Of Credit
ProceedsFromLinesOfCredit
12000000.0 usd
us-gaap Proceeds From Lines Of Credit
ProceedsFromLinesOfCredit
203000000.0 usd
us-gaap Repayments Of Debt
RepaymentsOfDebt
23100000 usd
us-gaap Repayments Of Debt
RepaymentsOfDebt
2400000 usd
us-gaap Payments Of Dividends Common Stock
PaymentsOfDividendsCommonStock
2600000 usd
us-gaap Payments Of Dividends Common Stock
PaymentsOfDividendsCommonStock
3000000.0 usd
us-gaap Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
32700000 usd
us-gaap Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
101600000 usd
us-gaap Proceeds From Payments To Minority Shareholders
ProceedsFromPaymentsToMinorityShareholders
-7500000 usd
us-gaap Proceeds From Payments To Minority Shareholders
ProceedsFromPaymentsToMinorityShareholders
-6500000 usd
wtm Contributions From Discontinued Operations Financing Activities
ContributionsFromDiscontinuedOperationsFinancingActivities
0 usd
wtm Contributions From Discontinued Operations Financing Activities
ContributionsFromDiscontinuedOperationsFinancingActivities
11600000 usd
wtm Repurchaseof Shares From Noncontrolling Interest Shareholders
RepurchaseofSharesFromNoncontrollingInterestShareholders
0 usd
wtm Repurchaseof Shares From Noncontrolling Interest Shareholders
RepurchaseofSharesFromNoncontrollingInterestShareholders
-74600000 usd
wtm Members Capital Contribution
MembersCapitalContribution
26500000 usd
wtm Members Capital Contribution
MembersCapitalContribution
36300000 usd
wtm Fidus Re Premium Payment
FidusRePremiumPayment
6900000 usd
wtm Fidus Re Premium Payment
FidusRePremiumPayment
3800000 usd
us-gaap Proceeds From Payments For Other Financing Activities
ProceedsFromPaymentsForOtherFinancingActivities
-100000 usd
us-gaap Proceeds From Payments For Other Financing Activities
ProceedsFromPaymentsForOtherFinancingActivities
-1800000 usd
us-gaap Net Cash Provided By Used In Financing Activities Continuing Operations
NetCashProvidedByUsedInFinancingActivitiesContinuingOperations
-34400000 usd
us-gaap Net Cash Provided By Used In Financing Activities Continuing Operations
NetCashProvidedByUsedInFinancingActivitiesContinuingOperations
206400000 usd
us-gaap Cash Provided By Used In Financing Activities Discontinued Operations
CashProvidedByUsedInFinancingActivitiesDiscontinuedOperations
0 usd
us-gaap Cash Provided By Used In Financing Activities Discontinued Operations
CashProvidedByUsedInFinancingActivitiesDiscontinuedOperations
-16900000 usd
us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
-34400000 usd
us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
189500000 usd
us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
-100500000 usd
us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
235700000 usd
CY2022Q4 us-gaap Restricted Cash And Cash Equivalents
RestrictedCashAndCashEquivalents
12200000 usd
CY2021Q4 us-gaap Restricted Cash And Cash Equivalents
RestrictedCashAndCashEquivalents
4500000 usd
CY2022Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
255000000.0 usd
CY2021Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
147700000 usd
CY2023Q2 us-gaap Restricted Cash And Cash Equivalents
RestrictedCashAndCashEquivalents
13400000 usd
CY2022Q2 us-gaap Restricted Cash And Cash Equivalents
RestrictedCashAndCashEquivalents
7300000 usd
CY2023Q2 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
154500000 usd
CY2022Q2 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
383400000 usd
us-gaap Interest Paid Net
InterestPaidNet
11600000 usd
us-gaap Interest Paid Net
InterestPaidNet
6300000 usd
us-gaap Income Taxes Paid Net
IncomeTaxesPaidNet
27800000 usd
us-gaap Income Taxes Paid Net
IncomeTaxesPaidNet
3800000 usd
CY2023Q2 us-gaap Net Investment Income
NetInvestmentIncome
43000000.0 usd
CY2022Q2 us-gaap Net Investment Income
NetInvestmentIncome
25100000 usd
us-gaap Net Investment Income
NetInvestmentIncome
82000000.0 usd
us-gaap Net Investment Income
NetInvestmentIncome
45700000 usd
CY2023Q2 us-gaap Realized Investment Gains Losses
RealizedInvestmentGainsLosses
12600000 usd
CY2022Q2 us-gaap Realized Investment Gains Losses
RealizedInvestmentGainsLosses
-2900000 usd
us-gaap Realized Investment Gains Losses
RealizedInvestmentGainsLosses
59400000 usd
us-gaap Realized Investment Gains Losses
RealizedInvestmentGainsLosses
14500000 usd
us-gaap Number Of Reportable Segments
NumberOfReportableSegments
3 segment
CY2023Q2 us-gaap Interest And Dividend Income Operating
InterestAndDividendIncomeOperating
43400000 usd
CY2022Q2 us-gaap Interest And Dividend Income Operating
InterestAndDividendIncomeOperating
25500000 usd
us-gaap Interest And Dividend Income Operating
InterestAndDividendIncomeOperating
83000000.0 usd
us-gaap Interest And Dividend Income Operating
InterestAndDividendIncomeOperating
46500000 usd
CY2023Q2 us-gaap Investment Income Investment Expense
InvestmentIncomeInvestmentExpense
400000 usd
CY2022Q2 us-gaap Investment Income Investment Expense
InvestmentIncomeInvestmentExpense
400000 usd
us-gaap Investment Income Investment Expense
InvestmentIncomeInvestmentExpense
1000000.0 usd
us-gaap Investment Income Investment Expense
InvestmentIncomeInvestmentExpense
800000 usd
CY2023Q2 us-gaap Unrealized Gain Loss On Investments
UnrealizedGainLossOnInvestments
-1200000 usd
CY2022Q2 us-gaap Unrealized Gain Loss On Investments
UnrealizedGainLossOnInvestments
-217400000 usd
us-gaap Unrealized Gain Loss On Investments
UnrealizedGainLossOnInvestments
150100000 usd
us-gaap Unrealized Gain Loss On Investments
UnrealizedGainLossOnInvestments
-226500000 usd
CY2023Q2 wtm Gain Loss On Investments Exchange Rate Effect
GainLossOnInvestmentsExchangeRateEffect
5500000 usd
CY2022Q2 wtm Gain Loss On Investments Exchange Rate Effect
GainLossOnInvestmentsExchangeRateEffect
-24500000 usd
wtm Gain Loss On Investments Exchange Rate Effect
GainLossOnInvestmentsExchangeRateEffect
10900000 usd
wtm Gain Loss On Investments Exchange Rate Effect
GainLossOnInvestmentsExchangeRateEffect
-21800000 usd
CY2023Q2 us-gaap Held To Maturity Securities Debt Maturities Single Maturity Date Amortized Cost Basis
HeldToMaturitySecuritiesDebtMaturitiesSingleMaturityDateAmortizedCostBasis
2077300000 usd
CY2023Q2 us-gaap Held To Maturity Securities Debt Maturities Single Maturity Date Fair Value
HeldToMaturitySecuritiesDebtMaturitiesSingleMaturityDateFairValue
1940700000 usd
wtm Percentage Of Investments Recorded At Fair Value
PercentageOfInvestmentsRecordedAtFairValue
0.68
CY2022 wtm Percentage Of Investments Recorded At Fair Value
PercentageOfInvestmentsRecordedAtFairValue
0.72
CY2023Q2 wtm Investments Held In Trusts
InvestmentsHeldInTrusts
524000000 usd
CY2022Q4 wtm Investments Held In Trusts
InvestmentsHeldInTrusts
500500000 usd
CY2023Q2 us-gaap Assets Held By Insurance Regulators
AssetsHeldByInsuranceRegulators
4600000 usd
CY2022Q4 us-gaap Assets Held By Insurance Regulators
AssetsHeldByInsuranceRegulators
4600000 usd
CY2023Q2 us-gaap Other Long Term Investments
OtherLongTermInvestments
1815000000 usd
CY2022Q4 us-gaap Other Long Term Investments
OtherLongTermInvestments
1488000000 usd
CY2023Q2 us-gaap Goodwill Fair Value Disclosure
GoodwillFairValueDisclosure
168800000 usd
CY2023Q2 us-gaap Goodwill
Goodwill
168800000 usd
CY2022Q4 us-gaap Goodwill Fair Value Disclosure
GoodwillFairValueDisclosure
176500000 usd
CY2022Q4 us-gaap Goodwill
Goodwill
176500000 usd
us-gaap Goodwill And Intangible Asset Impairment
GoodwillAndIntangibleAssetImpairment
0 usd
us-gaap Goodwill And Intangible Asset Impairment
GoodwillAndIntangibleAssetImpairment
0 usd
us-gaap Schedule Of Liability For Unpaid Claims And Claims Adjustment Expense
ScheduleOfLiabilityForUnpaidClaimsAndClaimsAdjustmentExpense
<div style="text-indent:18pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">The following table summarizes the loss and loss adjustment expense (“LAE”) reserve activity of the Ark/WM Outrigger segment</span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:120%"> </span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">for the three and six months ended June 30, 2023 and 2022:</span></div><div><span><br/></span></div><div style="text-align:center"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:98.976%"><tr><td style="width:1.0%"></td><td style="width:48.087%"></td><td style="width:0.1%"></td><td style="width:0.1%"></td><td style="width:0.538%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:10.864%"></td><td style="width:0.1%"></td><td style="width:0.1%"></td><td style="width:0.538%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:10.864%"></td><td style="width:0.1%"></td><td style="width:0.1%"></td><td style="width:0.538%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:10.864%"></td><td style="width:0.1%"></td><td style="width:0.1%"></td><td style="width:0.538%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:10.869%"></td><td style="width:0.1%"></td></tr><tr><td colspan="3" style="border-top:1pt solid #000;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #000;padding:0 1pt"></td><td colspan="9" style="border-top:1pt solid #000;padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%">Three Months Ended June 30,</span></td><td colspan="3" style="border-top:1pt solid #000;padding:0 1pt"></td><td colspan="9" style="border-top:1pt solid #000;padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%">Six Months Ended June 30,</span></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%">Millions</span></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #000;padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%">2023</span></td><td colspan="3" style="border-top:1pt solid #000;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #000;padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%">2022</span></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #000;padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%">2023</span></td><td colspan="3" style="border-top:1pt solid #000;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #000;padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%">2022</span></td></tr><tr><td colspan="3" style="border-top:1pt solid #000;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Gross beginning balance</span></td><td colspan="3" style="padding:0 1pt"></td><td style="border-top:1pt solid #000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:100%">$</span></td><td style="border-top:1pt solid #000;padding:2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:100%">1,345.6</span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%"> </span></td><td style="border-top:1pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td style="border-top:1pt solid #000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</span></td><td style="border-top:1pt solid #000;padding:2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">999.6 </span></td><td style="border-top:1pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td style="border-top:1pt solid #000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:100%">$</span></td><td style="border-top:1pt solid #000;padding:2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:100%">1,296.5</span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%"> </span></td><td style="border-top:1pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td style="border-top:1pt solid #000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</span></td><td style="border-top:1pt solid #000;padding:2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">894.7 </span></td><td style="border-top:1pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Less: beginning reinsurance recoverable on unpaid losses </span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:5.2pt;font-weight:400;line-height:100%;position:relative;top:-2.8pt;vertical-align:baseline">(1)</span></div></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:100%">(348.9)</span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">(396.0)</span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:100%">(505.0)</span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">(428.9)</span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="padding:2px 1pt 2px 13pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Net loss and LAE reserves</span></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="border-top:1pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:100%">996.7</span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%"> </span></td><td style="border-top:1pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="border-top:1pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">603.6 </span></td><td style="border-top:1pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="border-top:1pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:100%">791.5</span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%"> </span></td><td style="border-top:1pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="border-top:1pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">465.8 </span></td><td style="border-top:1pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td></tr><tr style="height:3pt"><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Loss and LAE incurred relating to:</span></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td></tr><tr><td colspan="3" style="padding:2px 1pt 2px 13pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Current year losses</span></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:100%">156.5</span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%"> </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">143.2 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:100%">295.7</span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%"> </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">268.9 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="padding:2px 1pt 2px 13pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Prior year losses</span></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:100%">11.0</span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%"> </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">(22.7)</span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:100%">19.6</span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%"> </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">(26.4)</span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Net incurred losses and LAE</span></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="border-top:1pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:100%">167.5</span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%"> </span></td><td style="border-top:1pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="border-top:1pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">120.5 </span></td><td style="border-top:1pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="border-top:1pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:100%">315.3</span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%"> </span></td><td style="border-top:1pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="border-top:1pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">242.5 </span></td><td style="border-top:1pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr style="height:3pt"><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Loss and LAE paid relating to:</span></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td></tr><tr><td colspan="3" style="padding:2px 1pt 2px 13pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Current year losses</span></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:100%">(5.6)</span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">(14.1)</span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:100%">(9.6)</span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">(14.7)</span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="padding:2px 1pt 2px 13pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Prior year losses</span></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:100%">(103.0)</span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">(54.4)</span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:100%">(190.7)</span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">(93.8)</span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Net paid loss and LAE</span></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="border-top:1pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:100%">(108.6)</span></td><td style="border-top:1pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="border-top:1pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">(68.5)</span></td><td style="border-top:1pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="border-top:1pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:100%">(200.3)</span></td><td style="border-top:1pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="border-top:1pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">(108.5)</span></td><td style="border-top:1pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td></tr><tr style="height:3pt"><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Change in TPC Providers’ participation </span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:5.2pt;font-weight:400;line-height:100%;position:relative;top:-2.8pt;vertical-align:baseline">(2)</span></div></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:100%">—</span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%"> </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">— </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:100%">145.4</span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%"> </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">57.5 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Foreign currency translation and other adjustments to loss <br/>   and LAE reserves</span></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:100%">2.7</span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%"> </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">(9.0)</span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:100%">6.4</span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%"> </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">(10.7)</span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td></tr><tr style="height:3pt"><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Net ending balance</span></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:100%">1,058.3</span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%"> </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">646.6 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:100%">1,058.3</span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%"> </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">646.6 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="padding-left:6pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Plus: ending reinsurance recoverable on unpaid losses </span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:5.2pt;font-weight:400;line-height:100%;position:relative;top:-2.8pt;vertical-align:baseline">(3)</span></div></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:100%">362.7</span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%"> </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">375.5 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:100%">362.7</span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%"> </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">375.5 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="border-bottom:3pt double #000;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Gross ending balance</span></td><td colspan="3" style="border-bottom:3pt double #000;padding:0 1pt"></td><td style="border-bottom:3pt double #000;border-top:1pt solid #000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:100%">$</span></td><td style="border-bottom:3pt double #000;border-top:1pt solid #000;padding:2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:100%">1,421.0</span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%"> </span></td><td style="border-bottom:3pt double #000;border-top:1pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="border-bottom:3pt double #000;padding:0 1pt"></td><td style="border-bottom:3pt double #000;border-top:1pt solid #000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</span></td><td style="border-bottom:3pt double #000;border-top:1pt solid #000;padding:2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">1,022.1 </span></td><td style="border-bottom:3pt double #000;border-top:1pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="border-bottom:3pt double #000;padding:0 1pt"></td><td style="border-bottom:3pt double #000;border-top:1pt solid #000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:100%">$</span></td><td style="border-bottom:3pt double #000;border-top:1pt solid #000;padding:2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:100%">1,421.0</span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%"> </span></td><td style="border-bottom:3pt double #000;border-top:1pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="border-bottom:3pt double #000;padding:0 1pt"></td><td style="border-bottom:3pt double #000;border-top:1pt solid #000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</span></td><td style="border-bottom:3pt double #000;border-top:1pt solid #000;padding:2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">1,022.1 </span></td><td style="border-bottom:3pt double #000;border-top:1pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td></tr></table></div><div style="margin-top:3pt;padding-left:9pt;text-indent:-9pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:5.2pt;font-weight:400;line-height:120%;position:relative;top:-2.8pt;vertical-align:baseline">(1)</span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> The beginning reinsurance recoverable on unpaid losses includes amounts attributable to TPC Providers of $0.0 and $207.3 for the three months ended June 30, 2023 and 2022 and $145.4 and $276.8 for the six months ended June 30, 2023 and 2022.</span></div><div style="padding-left:13.5pt;text-indent:-13.5pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:5.2pt;font-weight:400;line-height:120%;position:relative;top:-2.8pt;vertical-align:baseline">(2)</span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> Amount represents the impact to net loss and LAE reserves due to a change in the TPC Providers’ participation related to the annual reinsurance to close process.</span></div><div style="padding-left:13.5pt;text-indent:-13.5pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:5.2pt;font-weight:400;line-height:120%;position:relative;top:-2.8pt;vertical-align:baseline">(3)</span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> The ending reinsurance recoverable on unpaid losses includes amounts attributable to TPC Providers of $0.0 and $182.4 as of June 30, 2023 and 2022.</span></div>
CY2023Q2 us-gaap Long Term Debt
LongTermDebt
566100000 usd
CY2022Q4 us-gaap Long Term Debt
LongTermDebt
575200000 usd
CY2023Q2 wtm Debt Covenant Loan To Value Maximum Percent Period One
DebtCovenantLoanToValueMaximumPercentPeriodOne
0.50
CY2023Q2 wtm Debt Covenant Loan To Value Maximum Percent Period Two
DebtCovenantLoanToValueMaximumPercentPeriodTwo
0.40
CY2023Q2 wtm Debt Covenant Loan To Value Maximum Percent Period Three
DebtCovenantLoanToValueMaximumPercentPeriodThree
0.25
CY2023Q2 wtm Debt Covenant Loan To Value Maximum Percent Period Four
DebtCovenantLoanToValueMaximumPercentPeriodFour
0.15
CY2023Q2 wtm Debt Covenant Loan To Value Maximum Percent Period Five
DebtCovenantLoanToValueMaximumPercentPeriodFive
0
CY2023Q2 wtm Debt Covenant Loan To Value Maximum Percent
DebtCovenantLoanToValueMaximumPercent
0.279
CY2023Q2 us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0.011
us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0.056
CY2022Q2 us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0.069
us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0.076
CY2023Q2 wtm Percentageof Risk Premium Ceded
PercentageofRiskPremiumCeded
0.60
CY2018 wtm Insurance Linked Securities Term
InsuranceLinkedSecuritiesTerm
P12Y
CY2018 wtm Insurance Linked Securities Callable Term
InsuranceLinkedSecuritiesCallableTerm
P5Y
CY2021 wtm Insurance Linked Securities Term
InsuranceLinkedSecuritiesTerm
P12Y
CY2021 wtm Insurance Linked Securities Callable Term
InsuranceLinkedSecuritiesCallableTerm
P5Y
CY2022 wtm Insurance Linked Securities Term
InsuranceLinkedSecuritiesTerm
P12Y
CY2022 wtm Insurance Linked Securities Callable Term
InsuranceLinkedSecuritiesCallableTerm
P7Y
CY2023Q2 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
19600000 usd
CY2022Q2 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
-169200000 usd
us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
199100000 usd
us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
-135800000 usd
CY2023Q2 us-gaap Income Loss From Discontinued Operations Net Of Tax Attributable To Reporting Entity
IncomeLossFromDiscontinuedOperationsNetOfTaxAttributableToReportingEntity
0 usd
CY2022Q2 us-gaap Income Loss From Discontinued Operations Net Of Tax Attributable To Reporting Entity
IncomeLossFromDiscontinuedOperationsNetOfTaxAttributableToReportingEntity
-6400000 usd
us-gaap Income Loss From Discontinued Operations Net Of Tax Attributable To Reporting Entity
IncomeLossFromDiscontinuedOperationsNetOfTaxAttributableToReportingEntity
0 usd
us-gaap Income Loss From Discontinued Operations Net Of Tax Attributable To Reporting Entity
IncomeLossFromDiscontinuedOperationsNetOfTaxAttributableToReportingEntity
-10100000 usd
CY2023Q2 us-gaap Income Loss From Discontinued Operations Net Of Tax Attributable To Noncontrolling Interest
IncomeLossFromDiscontinuedOperationsNetOfTaxAttributableToNoncontrollingInterest
0 usd
CY2022Q2 us-gaap Income Loss From Discontinued Operations Net Of Tax Attributable To Noncontrolling Interest
IncomeLossFromDiscontinuedOperationsNetOfTaxAttributableToNoncontrollingInterest
-500000 usd
us-gaap Income Loss From Discontinued Operations Net Of Tax Attributable To Noncontrolling Interest
IncomeLossFromDiscontinuedOperationsNetOfTaxAttributableToNoncontrollingInterest
0 usd
us-gaap Income Loss From Discontinued Operations Net Of Tax Attributable To Noncontrolling Interest
IncomeLossFromDiscontinuedOperationsNetOfTaxAttributableToNoncontrollingInterest
-600000 usd
CY2023Q2 us-gaap Income Loss From Continuing Operations
IncomeLossFromContinuingOperations
19600000 usd
CY2022Q2 us-gaap Income Loss From Continuing Operations
IncomeLossFromContinuingOperations
-175100000 usd
us-gaap Income Loss From Continuing Operations
IncomeLossFromContinuingOperations
199100000 usd
us-gaap Income Loss From Continuing Operations
IncomeLossFromContinuingOperations
-145300000 usd
CY2023Q2 wtm Income Loss Allocated To Participating Unvested Restricted Common Shares
IncomeLossAllocatedToParticipatingUnvestedRestrictedCommonShares
-300000 usd
CY2022Q2 wtm Income Loss Allocated To Participating Unvested Restricted Common Shares
IncomeLossAllocatedToParticipatingUnvestedRestrictedCommonShares
2200000 usd
wtm Income Loss Allocated To Participating Unvested Restricted Common Shares
IncomeLossAllocatedToParticipatingUnvestedRestrictedCommonShares
-2700000 usd
wtm Income Loss Allocated To Participating Unvested Restricted Common Shares
IncomeLossAllocatedToParticipatingUnvestedRestrictedCommonShares
1600000 usd
CY2023Q2 wtm Net Income Loss Attributableto Parent Basicand Diluted Earnings Per Share Numerators
NetIncomeLossAttributabletoParentBasicandDilutedEarningsPerShareNumerators
19300000 usd
CY2022Q2 wtm Net Income Loss Attributableto Parent Basicand Diluted Earnings Per Share Numerators
NetIncomeLossAttributabletoParentBasicandDilutedEarningsPerShareNumerators
-172900000 usd
wtm Net Income Loss Attributableto Parent Basicand Diluted Earnings Per Share Numerators
NetIncomeLossAttributabletoParentBasicandDilutedEarningsPerShareNumerators
196400000 usd
wtm Net Income Loss Attributableto Parent Basicand Diluted Earnings Per Share Numerators
NetIncomeLossAttributabletoParentBasicandDilutedEarningsPerShareNumerators
-143700000 usd
CY2023Q2 us-gaap Weighted Average Number Of Shares Issued Basic
WeightedAverageNumberOfSharesIssuedBasic
2562400 shares
CY2022Q2 us-gaap Weighted Average Number Of Shares Issued Basic
WeightedAverageNumberOfSharesIssuedBasic
2979000 shares
us-gaap Weighted Average Number Of Shares Issued Basic
WeightedAverageNumberOfSharesIssuedBasic
2566100 shares
us-gaap Weighted Average Number Of Shares Issued Basic
WeightedAverageNumberOfSharesIssuedBasic
2992500 shares
CY2023Q2 us-gaap Weighted Average Number Of Shares Restricted Stock
WeightedAverageNumberOfSharesRestrictedStock
37600 shares
CY2022Q2 us-gaap Weighted Average Number Of Shares Restricted Stock
WeightedAverageNumberOfSharesRestrictedStock
38300 shares
us-gaap Weighted Average Number Of Shares Restricted Stock
WeightedAverageNumberOfSharesRestrictedStock
34400 shares
us-gaap Weighted Average Number Of Shares Restricted Stock
WeightedAverageNumberOfSharesRestrictedStock
33900 shares
CY2023Q2 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
2524800 shares
CY2022Q2 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
2940700 shares
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
2531700 shares
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
2958600 shares
CY2023Q2 us-gaap Weighted Average Number Diluted Shares Outstanding Adjustment
WeightedAverageNumberDilutedSharesOutstandingAdjustment
2562400 shares
CY2022Q2 us-gaap Weighted Average Number Diluted Shares Outstanding Adjustment
WeightedAverageNumberDilutedSharesOutstandingAdjustment
2979000 shares
us-gaap Weighted Average Number Diluted Shares Outstanding Adjustment
WeightedAverageNumberDilutedSharesOutstandingAdjustment
2566100 shares
us-gaap Weighted Average Number Diluted Shares Outstanding Adjustment
WeightedAverageNumberDilutedSharesOutstandingAdjustment
2992500 shares
CY2023Q2 us-gaap Weighted Average Number Of Shares Restricted Stock
WeightedAverageNumberOfSharesRestrictedStock
37600 shares
CY2022Q2 us-gaap Weighted Average Number Of Shares Restricted Stock
WeightedAverageNumberOfSharesRestrictedStock
38300 shares
us-gaap Weighted Average Number Of Shares Restricted Stock
WeightedAverageNumberOfSharesRestrictedStock
34400 shares
us-gaap Weighted Average Number Of Shares Restricted Stock
WeightedAverageNumberOfSharesRestrictedStock
33900 shares
CY2023Q2 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
2524800 shares
CY2022Q2 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
2940700 shares
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
2531700 shares
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
2958600 shares
CY2023Q2 us-gaap Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
0
CY2022Q2 us-gaap Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
0
us-gaap Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
1.00
us-gaap Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
1.00
CY2023Q2 us-gaap Earnings Per Share Diluted Undistributed
EarningsPerShareDilutedUndistributed
7.65
CY2022Q2 us-gaap Earnings Per Share Diluted Undistributed
EarningsPerShareDilutedUndistributed
-58.78
us-gaap Earnings Per Share Diluted Undistributed
EarningsPerShareDilutedUndistributed
76.57
us-gaap Earnings Per Share Diluted Undistributed
EarningsPerShareDilutedUndistributed
-49.57
CY2023Q2 us-gaap Income Loss From Continuing Operations Per Diluted Share
IncomeLossFromContinuingOperationsPerDilutedShare
7.65
CY2023Q2 us-gaap Income Loss From Continuing Operations Per Basic Share
IncomeLossFromContinuingOperationsPerBasicShare
7.65
CY2022Q2 us-gaap Income Loss From Continuing Operations Per Diluted Share
IncomeLossFromContinuingOperationsPerDilutedShare
-58.78
CY2022Q2 us-gaap Income Loss From Continuing Operations Per Basic Share
IncomeLossFromContinuingOperationsPerBasicShare
-58.78
us-gaap Income Loss From Continuing Operations Per Basic Share
IncomeLossFromContinuingOperationsPerBasicShare
77.57
us-gaap Income Loss From Continuing Operations Per Diluted Share
IncomeLossFromContinuingOperationsPerDilutedShare
77.57
us-gaap Income Loss From Continuing Operations Per Basic Share
IncomeLossFromContinuingOperationsPerBasicShare
-48.57
us-gaap Income Loss From Continuing Operations Per Diluted Share
IncomeLossFromContinuingOperationsPerDilutedShare
-48.57
CY2023Q2 wtm Net Income Loss Attributableto Parent Netof Restricted Common Share Amounts
NetIncomeLossAttributabletoParentNetofRestrictedCommonShareAmounts
19300000 usd
CY2022Q2 wtm Net Income Loss Attributableto Parent Netof Restricted Common Share Amounts
NetIncomeLossAttributabletoParentNetofRestrictedCommonShareAmounts
-172900000 usd
wtm Net Income Loss Attributableto Parent Netof Restricted Common Share Amounts
NetIncomeLossAttributabletoParentNetofRestrictedCommonShareAmounts
196400000 usd
wtm Net Income Loss Attributableto Parent Netof Restricted Common Share Amounts
NetIncomeLossAttributabletoParentNetofRestrictedCommonShareAmounts
-143700000 usd
CY2023Q2 us-gaap Dividends
Dividends
0 usd
CY2022Q2 us-gaap Dividends
Dividends
0 usd
us-gaap Dividends
Dividends
2500000 usd
us-gaap Dividends
Dividends
3000000.0 usd
CY2023Q2 us-gaap Undistributed Earnings
UndistributedEarnings
19300000 usd
CY2022Q2 us-gaap Undistributed Earnings
UndistributedEarnings
-172900000 usd
us-gaap Undistributed Earnings
UndistributedEarnings
193900000 usd
us-gaap Undistributed Earnings
UndistributedEarnings
-146700000 usd
CY2023Q2 us-gaap Interest Expense Debt
InterestExpenseDebt
14200000 usd
CY2023Q2 us-gaap Minority Interest
MinorityInterest
203700000 usd
CY2022Q4 us-gaap Minority Interest
MinorityInterest
188100000 usd
us-gaap Number Of Operating Segments
NumberOfOperatingSegments
3 segment
CY2023Q2 us-gaap Premiums Earned Net
PremiumsEarnedNet
301000000.0 usd
CY2023Q2 us-gaap Net Investment Income
NetInvestmentIncome
43000000.0 usd
CY2023Q2 wtm Net Investment Income Expense Debt Interest
NetInvestmentIncomeExpenseDebtInterest
0 usd
CY2023Q2 wtm Gain Loss On Investments Before Tax
GainLossOnInvestmentsBeforeTax
88700000 usd
CY2023Q2 us-gaap Gain Loss On Investments
GainLossOnInvestments
-77300000 usd
CY2023Q2 wtm Commission Revenue
CommissionRevenue
3200000 usd
CY2023Q2 us-gaap Other Income
OtherIncome
19800000 usd
CY2023Q2 us-gaap Revenues
Revenues
378400000 usd
CY2023Q2 wtm Insurance Loss And Loss Adjustments Expense
InsuranceLossAndLossAdjustmentsExpense
167500000 usd
CY2023Q2 wtm Insurance And Reinsurance Acquisition Expenses
InsuranceAndReinsuranceAcquisitionExpenses
62900000 usd
CY2023Q2 us-gaap Cost Of Goods And Services Sold
CostOfGoodsAndServicesSold
11600000 usd
CY2023Q2 us-gaap General And Administrative Expense
GeneralAndAdministrativeExpense
102600000 usd
CY2023Q2 us-gaap Business Combination Contingent Consideration Arrangements Change In Amount Of Contingent Consideration Liability1
BusinessCombinationContingentConsiderationArrangementsChangeInAmountOfContingentConsiderationLiability1
2200000 usd
CY2023Q2 us-gaap Benefits Losses And Expenses
BenefitsLossesAndExpenses
361000000.0 usd
CY2023Q2 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
17400000 usd
CY2022Q2 us-gaap Premiums Earned Net
PremiumsEarnedNet
227800000 usd
CY2022Q2 us-gaap Net Investment Income
NetInvestmentIncome
25100000 usd
CY2022Q2 wtm Net Investment Income Expense Debt Interest
NetInvestmentIncomeExpenseDebtInterest
0 usd
CY2022Q2 wtm Gain Loss On Investments Before Tax
GainLossOnInvestmentsBeforeTax
-104100000 usd
CY2022Q2 us-gaap Gain Loss On Investments
GainLossOnInvestments
-113500000 usd
CY2022Q2 wtm Commission Revenue
CommissionRevenue
2600000 usd
CY2022Q2 us-gaap Other Income
OtherIncome
38800000 usd
CY2022Q2 us-gaap Revenues
Revenues
76700000 usd
CY2022Q2 wtm Insurance Loss And Loss Adjustments Expense
InsuranceLossAndLossAdjustmentsExpense
120500000 usd
CY2022Q2 wtm Insurance And Reinsurance Acquisition Expenses
InsuranceAndReinsuranceAcquisitionExpenses
55000000.0 usd
CY2022Q2 us-gaap Cost Of Goods And Services Sold
CostOfGoodsAndServicesSold
22400000 usd
CY2022Q2 us-gaap General And Administrative Expense
GeneralAndAdministrativeExpense
101200000 usd
CY2022Q2 us-gaap Business Combination Contingent Consideration Arrangements Change In Amount Of Contingent Consideration Liability1
BusinessCombinationContingentConsiderationArrangementsChangeInAmountOfContingentConsiderationLiability1
100000 usd
CY2022Q2 us-gaap Interest Expense Debt
InterestExpenseDebt
10100000 usd
CY2022Q2 us-gaap Benefits Losses And Expenses
BenefitsLossesAndExpenses
309300000 usd
CY2022Q2 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
-232600000 usd
us-gaap Premiums Earned Net
PremiumsEarnedNet
563800000 usd
us-gaap Net Investment Income
NetInvestmentIncome
82000000.0 usd
wtm Net Investment Income Expense Debt Interest
NetInvestmentIncomeExpenseDebtInterest
0 usd
wtm Gain Loss On Investments Before Tax
GainLossOnInvestmentsBeforeTax
201600000 usd
us-gaap Gain Loss On Investments
GainLossOnInvestments
7900000 usd
wtm Commission Revenue
CommissionRevenue
6500000 usd
us-gaap Other Income
OtherIncome
48500000 usd
us-gaap Revenues
Revenues
910300000 usd
wtm Insurance Loss And Loss Adjustments Expense
InsuranceLossAndLossAdjustmentsExpense
315300000 usd
wtm Insurance And Reinsurance Acquisition Expenses
InsuranceAndReinsuranceAcquisitionExpenses
125400000 usd
us-gaap Cost Of Goods And Services Sold
CostOfGoodsAndServicesSold
25500000 usd
us-gaap General And Administrative Expense
GeneralAndAdministrativeExpense
198600000 usd
us-gaap Business Combination Contingent Consideration Arrangements Change In Amount Of Contingent Consideration Liability1
BusinessCombinationContingentConsiderationArrangementsChangeInAmountOfContingentConsiderationLiability1
-200000 usd
us-gaap Interest Expense Debt
InterestExpenseDebt
29200000 usd
us-gaap Benefits Losses And Expenses
BenefitsLossesAndExpenses
693800000 usd
us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
216500000 usd
us-gaap Premiums Earned Net
PremiumsEarnedNet
430600000 usd
us-gaap Net Investment Income
NetInvestmentIncome
45700000 usd
wtm Net Investment Income Expense Debt Interest
NetInvestmentIncomeExpenseDebtInterest
0 usd
wtm Gain Loss On Investments Before Tax
GainLossOnInvestmentsBeforeTax
-112500000 usd
us-gaap Gain Loss On Investments
GainLossOnInvestments
-94700000 usd
wtm Commission Revenue
CommissionRevenue
5500000 usd
us-gaap Other Income
OtherIncome
62500000 usd
us-gaap Revenues
Revenues
337100000 usd
wtm Insurance Loss And Loss Adjustments Expense
InsuranceLossAndLossAdjustmentsExpense
242500000 usd
wtm Insurance And Reinsurance Acquisition Expenses
InsuranceAndReinsuranceAcquisitionExpenses
107900000 usd
us-gaap Cost Of Goods And Services Sold
CostOfGoodsAndServicesSold
43800000 usd
us-gaap General And Administrative Expense
GeneralAndAdministrativeExpense
171100000 usd
us-gaap Business Combination Contingent Consideration Arrangements Change In Amount Of Contingent Consideration Liability1
BusinessCombinationContingentConsiderationArrangementsChangeInAmountOfContingentConsiderationLiability1
2200000 usd
us-gaap Interest Expense Debt
InterestExpenseDebt
17000000.0 usd
us-gaap Benefits Losses And Expenses
BenefitsLossesAndExpenses
584500000 usd
us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
-247400000 usd
us-gaap Loss Contingency Disclosures
LossContingencyDisclosures
Commitments and Contingencies<div><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:120%">Legal Contingencies</span></div><div><span><br/></span></div><div style="text-indent:18pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">White Mountains, and the insurance industry in general, is routinely subject to claims related litigation and arbitration in the normal course of business, as well as litigation and arbitration that do not arise from, nor are directly related to, claims activity. White Mountains’s estimates of the costs of settling matters routinely encountered in claims activity are reflected in the reserves for unpaid loss and LAE. See </span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:120%">Note 5 — “Losses and Loss Adjustment Expense Reserves.”</span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%"> </span></div>White Mountains considers the requirements of ASC 450 when evaluating its exposure to non-claims related litigation and arbitration. ASC 450 requires that accruals be established for litigation and arbitration if it is probable that a loss has been incurred and it can be reasonably estimated. ASC 450 also requires that litigation and arbitration be disclosed if it is probable that a loss has been incurred or if there is a reasonable possibility that a loss may have been incurred. White Mountains does not have any current non-claims related litigation that may have a material adverse effect on White Mountains’s financial condition, results of operations or cash flows.
us-gaap Income Loss From Discontinued Operations Net Of Tax Per Diluted Share
IncomeLossFromDiscontinuedOperationsNetOfTaxPerDilutedShare
3.17

Files In Submission

Name View Source Status
0000776867-23-000013-index-headers.html Edgar Link pending
0000776867-23-000013-index.html Edgar Link pending
0000776867-23-000013.txt Edgar Link pending
0000776867-23-000013-xbrl.zip Edgar Link pending
Financial_Report.xlsx Edgar Link pending
MetaLinks.json Edgar Link pending
R1.htm Edgar Link pending
R10.htm Edgar Link pending
R11.htm Edgar Link pending
R12.htm Edgar Link pending
R13.htm Edgar Link pending
R14.htm Edgar Link pending
R15.htm Edgar Link pending
R16.htm Edgar Link pending
R17.htm Edgar Link pending
R18.htm Edgar Link pending
R19.htm Edgar Link pending
R2.htm Edgar Link pending
R20.htm Edgar Link pending
R21.htm Edgar Link pending
R22.htm Edgar Link pending
R23.htm Edgar Link pending
R24.htm Edgar Link pending
R25.htm Edgar Link pending
R26.htm Edgar Link pending
FilingSummary.xml Edgar Link unprocessable
R27.htm Edgar Link pending
R28.htm Edgar Link pending
R29.htm Edgar Link pending
R3.htm Edgar Link pending
R30.htm Edgar Link pending
R31.htm Edgar Link pending
R32.htm Edgar Link pending
R33.htm Edgar Link pending
R34.htm Edgar Link pending
R35.htm Edgar Link pending
R36.htm Edgar Link pending
R37.htm Edgar Link pending
R38.htm Edgar Link pending
R39.htm Edgar Link pending
R4.htm Edgar Link pending
R40.htm Edgar Link pending
R41.htm Edgar Link pending
R42.htm Edgar Link pending
R43.htm Edgar Link pending
R44.htm Edgar Link pending
R45.htm Edgar Link pending
R46.htm Edgar Link pending
R47.htm Edgar Link pending
R48.htm Edgar Link pending
R49.htm Edgar Link pending
R5.htm Edgar Link pending
R50.htm Edgar Link pending
R51.htm Edgar Link pending
R52.htm Edgar Link pending
R53.htm Edgar Link pending
R54.htm Edgar Link pending
R55.htm Edgar Link pending
R56.htm Edgar Link pending
R57.htm Edgar Link pending
R58.htm Edgar Link pending
R59.htm Edgar Link pending
R6.htm Edgar Link pending
R60.htm Edgar Link pending
R61.htm Edgar Link pending
R62.htm Edgar Link pending
R63.htm Edgar Link pending
R64.htm Edgar Link pending
R65.htm Edgar Link pending
R66.htm Edgar Link pending
R67.htm Edgar Link pending
R68.htm Edgar Link pending
R69.htm Edgar Link pending
R7.htm Edgar Link pending
R70.htm Edgar Link pending
R71.htm Edgar Link pending
R72.htm Edgar Link pending
R73.htm Edgar Link pending
R74.htm Edgar Link pending
R75.htm Edgar Link pending
R76.htm Edgar Link pending
R77.htm Edgar Link pending
R78.htm Edgar Link pending
R79.htm Edgar Link pending
R8.htm Edgar Link pending
R80.htm Edgar Link pending
R81.htm Edgar Link pending
R82.htm Edgar Link pending
R83.htm Edgar Link pending
R84.htm Edgar Link pending
R85.htm Edgar Link pending
R86.htm Edgar Link pending
R87.htm Edgar Link pending
R88.htm Edgar Link pending
R89.htm Edgar Link pending
R9.htm Edgar Link pending
R90.htm Edgar Link pending
R91.htm Edgar Link pending
R92.htm Edgar Link pending
R93.htm Edgar Link pending
R94.htm Edgar Link pending
R95.htm Edgar Link pending
R96.htm Edgar Link pending
report.css Edgar Link pending
Show.js Edgar Link pending
wtm-20230630.htm Edgar Link pending
wtm-20230630.xsd Edgar Link pending
wtmq22023ex101.htm Edgar Link pending
wtmq22023ex101001.jpg Edgar Link pending
wtmq22023ex101002.jpg Edgar Link pending
wtmq22023ex101003.jpg Edgar Link pending
wtmq22023ex101004.jpg Edgar Link pending
wtmq22023ex101005.jpg Edgar Link pending
wtmq22023ex101006.jpg Edgar Link pending
wtmq22023ex101007.jpg Edgar Link pending
wtmq22023ex101008.jpg Edgar Link pending
wtmq22023ex101009.jpg Edgar Link pending
wtmq22023ex101010.jpg Edgar Link pending
wtmq22023ex101011.jpg Edgar Link pending
wtmq22023ex101012.jpg Edgar Link pending
wtmq22023ex101013.jpg Edgar Link pending
wtmq22023ex101014.jpg Edgar Link pending
wtmq22023ex101015.jpg Edgar Link pending
wtmq22023ex101016.jpg Edgar Link pending
wtmq22023ex101017.jpg Edgar Link pending
wtmq22023ex101018.jpg Edgar Link pending
wtmq22023ex101019.jpg Edgar Link pending
wtmq22023ex101020.jpg Edgar Link pending
wtm-20230630_lab.xml Edgar Link unprocessable
wtm-20230630_pre.xml Edgar Link unprocessable
wtm-20230630_htm.xml Edgar Link completed
wtmq22023ex102.htm Edgar Link pending
wtmq22023ex102001.jpg Edgar Link pending
wtmq22023ex102002.jpg Edgar Link pending
wtmq22023ex102003.jpg Edgar Link pending
wtmq22023ex102004.jpg Edgar Link pending
wtmq22023ex102005.jpg Edgar Link pending
wtmq22023ex102006.jpg Edgar Link pending
wtmq22023ex102007.jpg Edgar Link pending
wtmq22023ex102008.jpg Edgar Link pending
wtmq22023ex102009.jpg Edgar Link pending
wtmq22023ex102010.jpg Edgar Link pending
wtmq22023ex102011.jpg Edgar Link pending
wtmq22023ex102012.jpg Edgar Link pending
wtmq22023ex102013.jpg Edgar Link pending
wtmq22023ex102014.jpg Edgar Link pending
wtmq22023ex102015.jpg Edgar Link pending
wtmq22023ex102016.jpg Edgar Link pending
wtmq22023ex102017.jpg Edgar Link pending
wtmq22023ex102018.jpg Edgar Link pending
wtmq22023ex102019.jpg Edgar Link pending
wtmq22023ex102020.jpg Edgar Link pending
wtmq22023ex102021.jpg Edgar Link pending
wtmq22023ex102022.jpg Edgar Link pending
wtmq22023ex102023.jpg Edgar Link pending
wtmq22023ex102024.jpg Edgar Link pending
wtmq22023ex102025.jpg Edgar Link pending
wtmq22023ex103.htm Edgar Link pending
wtmq22023ex103001.jpg Edgar Link pending
wtmq22023ex103002.jpg Edgar Link pending
wtmq22023ex103003.jpg Edgar Link pending
wtmq22023ex103004.jpg Edgar Link pending
wtmq22023ex103005.jpg Edgar Link pending
wtmq22023ex103006.jpg Edgar Link pending
wtmq22023ex103007.jpg Edgar Link pending
wtmq22023ex103008.jpg Edgar Link pending
wtmq22023ex103009.jpg Edgar Link pending
wtmq22023ex103010.jpg Edgar Link pending
wtmq22023ex103011.jpg Edgar Link pending
wtmq22023ex103012.jpg Edgar Link pending
wtmq22023ex103013.jpg Edgar Link pending
wtmq22023ex103014.jpg Edgar Link pending
wtmq22023ex103015.jpg Edgar Link pending
wtmq22023ex103016.jpg Edgar Link pending
wtmq22023ex103017.jpg Edgar Link pending
wtmq22023ex103018.jpg Edgar Link pending
wtmq22023ex103019.jpg Edgar Link pending
wtmq22023ex103020.jpg Edgar Link pending
wtmq22023ex103021.jpg Edgar Link pending
wtmq22023ex103022.jpg Edgar Link pending
wtmq22023ex103023.jpg Edgar Link pending
wtmq22023ex103024.jpg Edgar Link pending
wtmq22023ex103025.jpg Edgar Link pending
wtmq22023ex103026.jpg Edgar Link pending
wtmq22023ex103027.jpg Edgar Link pending
wtmq22023ex103028.jpg Edgar Link pending
wtmq22023ex103029.jpg Edgar Link pending
wtmq22023ex103030.jpg Edgar Link pending
wtmq22023ex103031.jpg Edgar Link pending
wtmq22023ex103032.jpg Edgar Link pending
wtmq22023ex103033.jpg Edgar Link pending
wtmq22023ex103034.jpg Edgar Link pending
wtmq22023ex103035.jpg Edgar Link pending
wtmq22023ex103036.jpg Edgar Link pending
wtmq22023ex103037.jpg Edgar Link pending
wtmq22023ex103038.jpg Edgar Link pending
wtmq22023ex103039.jpg Edgar Link pending
wtmq22023ex103040.jpg Edgar Link pending
wtmq22023ex103041.jpg Edgar Link pending
wtmq22023ex103042.jpg Edgar Link pending
wtmq22023ex103043.jpg Edgar Link pending
wtmq22023ex103044.jpg Edgar Link pending
wtmq22023ex103045.jpg Edgar Link pending
wtmq22023ex103046.jpg Edgar Link pending
wtmq22023ex103047.jpg Edgar Link pending
wtmq22023ex103048.jpg Edgar Link pending
wtmq22023ex103049.jpg Edgar Link pending
wtmq22023ex103050.jpg Edgar Link pending
wtmq22023ex103051.jpg Edgar Link pending
wtmq22023ex103052.jpg Edgar Link pending
wtmq22023ex103053.jpg Edgar Link pending
wtmq22023ex103054.jpg Edgar Link pending
wtmq22023ex103055.jpg Edgar Link pending
wtmq22023ex103056.jpg Edgar Link pending
wtmq22023ex103057.jpg Edgar Link pending
wtmq22023ex103058.jpg Edgar Link pending
wtmq22023ex103059.jpg Edgar Link pending
wtmq22023ex103060.jpg Edgar Link pending
wtmq22023ex103061.jpg Edgar Link pending
wtmq22023ex103062.jpg Edgar Link pending
wtmq22023ex103063.jpg Edgar Link pending
wtmq22023ex103064.jpg Edgar Link pending
wtmq22023ex103065.jpg Edgar Link pending
wtmq22023ex103066.jpg Edgar Link pending
wtmq22023ex103067.jpg Edgar Link pending
wtmq22023ex103068.jpg Edgar Link pending
wtmq22023ex103069.jpg Edgar Link pending
wtmq22023ex103070.jpg Edgar Link pending
wtmq22023ex103071.jpg Edgar Link pending
wtmq22023ex103072.jpg Edgar Link pending
wtmq22023ex103073.jpg Edgar Link pending
wtmq22023ex103074.jpg Edgar Link pending
wtmq22023ex103075.jpg Edgar Link pending
wtmq22023ex103076.jpg Edgar Link pending
wtmq22023ex103077.jpg Edgar Link pending
wtmq22023ex103078.jpg Edgar Link pending
wtmq22023ex103079.jpg Edgar Link pending
wtmq22023ex103080.jpg Edgar Link pending
wtmq22023ex103081.jpg Edgar Link pending
wtmq22023ex103082.jpg Edgar Link pending
wtmq22023ex103083.jpg Edgar Link pending
wtmq22023ex103084.jpg Edgar Link pending
wtmq22023ex103085.jpg Edgar Link pending
wtmq22023ex103086.jpg Edgar Link pending
wtmq22023ex103087.jpg Edgar Link pending
wtmq22023ex103088.jpg Edgar Link pending
wtmq22023ex103089.jpg Edgar Link pending
wtmq22023ex103090.jpg Edgar Link pending
wtmq22023ex103091.jpg Edgar Link pending
wtmq22023ex103092.jpg Edgar Link pending
wtmq22023ex103093.jpg Edgar Link pending
wtmq22023ex103094.jpg Edgar Link pending
wtmq22023ex103095.jpg Edgar Link pending
wtmq22023ex103096.jpg Edgar Link pending
wtmq22023ex103097.jpg Edgar Link pending
wtmq22023ex103098.jpg Edgar Link pending
wtmq22023ex103099.jpg Edgar Link pending
wtmq22023ex103100.jpg Edgar Link pending
wtmq22023ex103101.jpg Edgar Link pending
wtmq22023ex103102.jpg Edgar Link pending
wtmq22023ex103103.jpg Edgar Link pending
wtmq22023ex103104.jpg Edgar Link pending
wtmq22023ex103105.jpg Edgar Link pending
wtmq22023ex103106.jpg Edgar Link pending
wtmq22023ex103107.jpg Edgar Link pending
wtmq22023ex103108.jpg Edgar Link pending
wtmq22023ex103109.jpg Edgar Link pending
wtmq22023ex103110.jpg Edgar Link pending
wtmq22023ex103111.jpg Edgar Link pending
wtmq22023ex103112.jpg Edgar Link pending
wtmq22023ex103113.jpg Edgar Link pending
wtmq22023ex103114.jpg Edgar Link pending
wtmq22023ex103115.jpg Edgar Link pending
wtmq22023ex103116.jpg Edgar Link pending
wtmq22023ex103117.jpg Edgar Link pending
wtmq22023ex103118.jpg Edgar Link pending
wtmq22023ex103119.jpg Edgar Link pending
wtmq22023ex103120.jpg Edgar Link pending
wtmq22023ex103121.jpg Edgar Link pending
wtmq22023ex103122.jpg Edgar Link pending
wtmq22023ex103123.jpg Edgar Link pending
wtmq22023ex103124.jpg Edgar Link pending
wtmq22023ex103125.jpg Edgar Link pending
wtmq22023ex103126.jpg Edgar Link pending
wtmq22023ex103127.jpg Edgar Link pending
wtmq22023ex103128.jpg Edgar Link pending
wtmq22023ex103129.jpg Edgar Link pending
wtmq22023ex103130.jpg Edgar Link pending
wtmq22023ex103131.jpg Edgar Link pending
wtmq22023ex103132.jpg Edgar Link pending
wtmq22023ex103133.jpg Edgar Link pending
wtmq22023ex103134.jpg Edgar Link pending
wtmq22023ex103135.jpg Edgar Link pending
wtmq22023ex103136.jpg Edgar Link pending
wtmq22023ex103137.jpg Edgar Link pending
wtmq22023ex103138.jpg Edgar Link pending
wtmq22023ex103139.jpg Edgar Link pending
wtmq22023ex103140.jpg Edgar Link pending
wtmq22023ex103141.jpg Edgar Link pending
wtmq22023ex103142.jpg Edgar Link pending
wtmq22023ex103143.jpg Edgar Link pending
wtmq22023ex103144.jpg Edgar Link pending
wtmq22023ex103145.jpg Edgar Link pending
wtmq22023ex103146.jpg Edgar Link pending
wtmq22023ex103147.jpg Edgar Link pending
wtmq22023ex103148.jpg Edgar Link pending
wtmq22023ex103149.jpg Edgar Link pending
wtmq22023ex103150.jpg Edgar Link pending
wtmq22023ex103151.jpg Edgar Link pending
wtmq22023ex103152.jpg Edgar Link pending
wtmq22023ex103153.jpg Edgar Link pending
wtmq22023ex103154.jpg Edgar Link pending
wtmq22023ex103155.jpg Edgar Link pending
wtmq22023ex103156.jpg Edgar Link pending
wtmq22023ex103157.jpg Edgar Link pending
wtmq22023ex103158.jpg Edgar Link pending
wtmq22023ex103159.jpg Edgar Link pending
wtmq22023ex103160.jpg Edgar Link pending
wtmq22023ex103161.jpg Edgar Link pending
wtmq22023ex103162.jpg Edgar Link pending
wtmq22023ex103163.jpg Edgar Link pending
wtmq22023ex103164.jpg Edgar Link pending
wtmq22023ex103165.jpg Edgar Link pending
wtmq22023ex103166.jpg Edgar Link pending
wtmq22023ex103167.jpg Edgar Link pending
wtmq22023ex103168.jpg Edgar Link pending
wtmq22023ex103169.jpg Edgar Link pending
wtmq22023ex311.htm Edgar Link pending
wtmq22023ex312.htm Edgar Link pending
wtmq22023ex321.htm Edgar Link pending
wtmq22023ex322.htm Edgar Link pending
wtm-20230630_cal.xml Edgar Link unprocessable
wtm-20230630_def.xml Edgar Link unprocessable