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White Mountains Insurance Group WTM P&C Insurance and Reinsurance (Ark/WM Outrigger) — Reinsurance recoverables

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Other financials

Income statement

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Revenue$844.6M+22.5%
Gross profit$764.5M+18.2%
Net income$199.5M+62.3%

Balance sheet

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Total debt$932.5M+34.2%
Total equity$5.4B+16.0%
Total assets$13.8B+16.4%

Cash flow

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Operating cash flow-$55.5M-131%

Valuation

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Market cap$5.13B+11.7%
P/E4.6×
P/S1.3×-0.5×

Profitability

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Gross margin94.1%-3.2pp
Net margin29.3%

Returns & leverage

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Return on equity22.4%
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:ReinsuranceRecoverables.

The source filing: White Mountains Insurance Group’s 10-Q, filed August 6, 2026.

Filed
Aug 6, 2026, 8:50 AM EDT
Fiscal quarter
Q2 FY2026
Calendar quarter
Q2 2026
Accession
0001628280-26-053932
MillionsJune 30, 2026December 31, 2025
Reinsurance recoverables on unpaid losses (1)$570.0$508.3
Reinsurance recoverables on paid losses (2)157.0117.6
Ceded unearned premiums (3)667.0210.2
Reinsurance recoverables$1,394.0$836.1

Item 1. Financial Statements (Unaudited)

FAQ

What is White Mountains Insurance Group's P&C insurance and reinsurance (ark/wm outrigger) — reinsurance recoverables?
White Mountains Insurance Group (WTM) reported P&C insurance and reinsurance (ark/wm outrigger) — reinsurance recoverables of $1.39B in Q2 2026.
How has White Mountains Insurance Group's P&C insurance and reinsurance (ark/wm outrigger) — reinsurance recoverables changed year-over-year?
White Mountains Insurance Group's P&C insurance and reinsurance (ark/wm outrigger) — reinsurance recoverables increased by 33.5% year-over-year, from $1.04B to $1.39B.
What does P&C insurance and reinsurance (ark/wm outrigger) — reinsurance recoverables mean?
Represents the total amount due from reinsurers for losses paid or reserves established by the company. This metric measures the company's financial reliance on reinsurance partners to manage its net underwriting risk. It is essential for evaluating the company's balance sheet liquidity and the quality of its reinsurance program.

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