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White Mountains Insurance Group WTM Asset Management (Kudu) — General and administrative expenses

Other segment segments

P&C Insurance and Reinsurance (Ark/WM Outrigger)
$47.5M+32.3%
Specialty Insurance Distribution (Distinguished)
$37.2M
Financial Guarantee (HG Global)
$700K+16.7%
P&C Insurance Distribution (Bamboo)
$0-100%

Similar metrics at other companies

Ameriprise Financial logo
AMPAsset Management — General and administrative expense
$369M+4.2%
Apollo Global Management logo
APOAsset Management — General, administrative and other
$439M+42.5%
Equitable Holdings logo
EQHAsset Management — All other operating expense
$873.25M+3.8%
Chimera Investment Corp. logo
CIMInvestment Management And Advisory — General and administrative expenses
$10.04M+45.3%
Rithm Capital logo
RITMAsset management — Other segment expenses
$49.81M+57.7%
PNC Financial Services logo
PNCAsset Management Group — Total noninterest expense
$292M+4.7%

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%
P/E4.8×
P/S1.4×-0.7×

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:GeneralAndAdministrativeExpense.

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) — general and administrative expenses?
White Mountains Insurance Group (WTM) reported asset management (kudu) — general and administrative expenses of $4.2M in Q1 2026.
How has White Mountains Insurance Group's asset management (kudu) — general and administrative expenses changed year-over-year?
White Mountains Insurance Group's asset management (kudu) — general and administrative expenses increased by 5.0% year-over-year, from $4M to $4.2M.
What is the long-term trend for White Mountains Insurance Group's asset management (kudu) — general and administrative expenses?
Over 4 years (2021 to 2025), White Mountains Insurance Group's asset management (kudu) — general and administrative expenses has grown at a 4.9% compound annual growth rate (CAGR), from $14.8M to $17.9M.
What does asset management (kudu) — general and administrative expenses mean?
Covers the overhead costs associated with operating the asset management segment, including personnel, office expenses, and professional services. It is a critical measure of operational efficiency and cost management discipline.