White Mountains Insurance Group WTM Asset Management (Kudu) — Acquisition expenses

Other segment segments

Similar metrics at other companies

ACGLMortgage — Acquisition expenses

$8M+100%

RNRProperty — Acquisition expenses

$157.03M-6.3%

ORIUnderwriting Acquisition And Other Expenses

$1.13B+11.6%

AXSInsurance — Acquisition costs

$223.77M+15.3%

CINFUnderwriting, acquisition and insurance expenses

$764M+8.8%

HUTAsset Acquisition Asset Contribution Costs

$22.78M—

Questions, answered.

What is White Mountains Insurance Group's asset management (kudu) — acquisition expenses?

White Mountains Insurance Group (WTM) reported asset management (kudu) — acquisition expenses of $0 in Q1 2026.

What does asset management (kudu) — acquisition expenses mean?

These are the costs directly associated with acquiring new insurance contracts or investment management mandates, including commissions and underwriting expenses. It serves as a key indicator of the efficiency of the segment's growth strategy and customer acquisition efforts. High acquisition costs relative to revenue may indicate competitive pressure or high customer churn.