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White Mountains Insurance Group WTM Asset Management (Kudu) — Broker Commission Expense
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Where this comes from
Reported directly by White Mountains Insurance Group in its filing.
Tagged under the XBRL concept wtm:BrokerCommissionExpense.
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
| Millions / Three Months Ended June 30, 2026 | Ark/WM Outrigger / Ark | Ark/WM Outrigger / WM Outrigger Re | Kudu | HG Global | Distinguished | WTM Partners | Other Operations | Total |
|---|---|---|---|---|---|---|---|---|
| Loss and LAE (3) | 175.7 | (.1) | — | — | — | — | .1 | 175.7 |
| Insurance acquisition expenses (3) | 103.4 | .3 | — | 2.1 | — | — | .3 | 106.1 |
| Cost of sales | — | — | — | — | — | 72.6 | 7.5 | 80.1 |
| Broker commission expenses | — | — | — | — | 23.3 | — | — | 23.3 |
| Amortization of other intangible assets (4) | — | — | — | — | 6.4 | 1.3 | .9 | 8.6 |
| General and administrative expenses (3) (4) (5) | 44.4 | — | 4.7 | 4.2 | 34.6 | 14.2 | 41.2 | 143.3 |
| Change in fair value of contingent consideration | 31.7 | — | — | — | — | — | — | 31.7 |
| Interest expense | 4.1 | — | 7.2 | 3.7 | 3.6 | .6 | .6 | 19.8 |
Item 1. Financial Statements (Unaudited)
FAQ
- What is White Mountains Insurance Group's asset management (kudu) — broker commission expense?
- White Mountains Insurance Group (WTM) reported asset management (kudu) — broker commission expense of $0 in Q2 2026.
- What does asset management (kudu) — broker commission expense mean?
- This metric tracks the fees paid to third-party brokers or intermediaries for facilitating the placement of investment products or insurance contracts. It is a critical component of distribution costs that directly impacts the net profitability of the segment. Changes in this metric often reflect shifts in distribution strategy or competitive commission structures.
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