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White Mountains Insurance Group WTM Incurred but not reported (IBNR) claims liability, net

Segments

By product

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Marine & Energy18,490,000,000%+1.3%
Property and Accident & Health17,170,000,000%-15.3%
Specialty16,940,000,000%+19.6%
Casualty-Active7,190,000,000%+25.3%
Casualty-Runoff420,000,000%-19.2%

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×