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White Mountains Insurance Group WTM Asset Management (Kudu) — Commission and fee revenues

Other segment segments

Specialty Insurance Distribution (Distinguished)
$39.6M
Financial Guarantee (HG Global)
$0
P&C Insurance and Reinsurance (Ark/WM Outrigger)
$0
P&C Insurance Distribution (Bamboo)
$0-100%

Similar metrics at other companies

Jefferies Financial Group logo
JEFAsset management fees — Revenue
$67.36M-21.1%
Primerica logo
PRIAsset Based — Sales Commissions And Fees
$95.36M+25.1%
Jefferies Financial Group logo
JEFAsset management — Revenues from contracts with customers
$6.9M-84.9%
StoneX Group Inc. logo
SNEXAsset management fees — Revenue
$15.9M+10.4%
Prudential Financial logo
PRUCorporate and Other — Asset management fees, commissions and other income
-$324M-0.3%
Charles Schwab Corporation logo
SCHWAsset management and administration fees — Revenues from contracts with customers
$1.76B+15.0%

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×

Where this comes from

Reported directly by White Mountains Insurance Group in its filing.

Tagged under the XBRL concept us-gaap:InsuranceCommissionsAndFees.

The official record: White Mountains Insurance Group’s 10-Q, filed May 6, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is White Mountains Insurance Group's asset management (kudu) — commission and fee revenues?
White Mountains Insurance Group (WTM) reported asset management (kudu) — commission and fee revenues of $0 in Q1 2026.
What does asset management (kudu) — commission and fee revenues mean?
Revenue generated from management fees, performance fees, or advisory commissions earned by the asset management segment for providing investment services. This is a primary indicator of the segment's ability to attract and retain client assets and generate recurring service-based income.