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White Mountains Insurance Group WTM Benefits, Losses and Expenses

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Segments

By segment

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P&C Insurance and Reinsurance (Ark/WM Outrigger)$367.1M+0.1%
Specialty Insurance Distribution (Distinguished)$57.9M
Asset Management (Kudu)$11.3M+8.7%
Financial Guarantee (HG Global)$6.4M-9.9%
P&C Insurance Distribution (Bamboo)$0-100%

Other financials

Income statement

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Revenue$517.8M-10.4%
Gross profit$475.1M-16.7%
Net income-$27.2M-180%

Balance sheet

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Total debt$834.8M+23.5%
Total equity$5.4B+19.2%
Total assets$13.2B+19.7%

Cash flow

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Operating cash flow$30.5M+176%

Valuation

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Market cap$4.99B+9.8%

Profitability

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Gross margin94.9%-3.7pp
Net margin28.4%

Returns & leverage

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Return on equity21.2%
Debt / equity0.2×0.0×

Where this comes from

Reported directly by White Mountains Insurance Group in its filing.

Tagged under the XBRL concept us-gaap:BenefitsLossesAndExpenses.

The official record: White Mountains Insurance Group’s 10-Q, filed May 6, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is White Mountains Insurance Group's benefits, losses and expenses?
White Mountains Insurance Group (WTM) reported benefits, losses and expenses of $543.3M in Q1 2026.
How has White Mountains Insurance Group's benefits, losses and expenses changed year-over-year?
White Mountains Insurance Group's benefits, losses and expenses increased by 7.5% year-over-year, from $505.4M to $543.3M.
What is the long-term trend for White Mountains Insurance Group's benefits, losses and expenses?
Over 4 years (2021 to 2025), White Mountains Insurance Group's benefits, losses and expenses has grown at a 24.7% compound annual growth rate (CAGR), from $996.1M to $2.41B.
What does benefits, losses and expenses mean?
Aggregates the total operational costs, including claims, administrative overhead, and other underwriting-related expenses incurred to support business operations. This provides a comprehensive view of the total cost structure required to generate insurance revenue.