Earned insurance premiums

White Mountains Insurance Group·Business Segments·8 segments·Rolls up to Net premiums earned

Breakdown

Segment	Q2 '24	Q3 '24	Q4 '24	Q1 '25	Q2 '25	Q3 '25	Q4 '25	Q1 '26
P&C Insurance and Reinsurance (Ark/WM Outrigger)	$318.3M	$552.2M	$414.5M	$358M	$364.2M	$542.2M	$433M	$373.8M
Financial Guarantee (HG Global)	$9M	$7.5M	$7.4M	$8.2M	$7.1M	$7.5M	$8M	$7.7M
P&C Insurance Distribution (Bamboo)	—	—	—	$14.9M	$1.6M	$5.2M	$5M	$0
Asset Management (Kudu)	$0	$0	$0	$0	$0	$0	$0	$0
Specialty Insurance Distribution (Distinguished)	—	—	—	—	—	$0	$0	$0
Total	$343.9M	$581.5M	$447.2M	$395M	$375.2M	$557.8M	$449.1M	$384.9M

Bamboo Captive, Bamboo CRV are derived from annual filings.

P&C Insurance and Reinsurance (Ark/WM Outrigger)View metric

Financial Guarantee (HG Global)View metric

P&C Insurance Distribution (Bamboo)View metric

Asset Management (Kudu)View metric

Specialty Insurance Distribution (Distinguished)View metric

Ark Insurance Holdings Limited/OutriggerView metric

Bamboo CaptiveView metric