Skip to content
Screener

White Mountains Insurance Group WTM Asset Management (Kudu) — Net investment income

Other segment segments

Specialty Insurance Distribution (Distinguished)
$600K
WTM Partners
$0

Similar metrics at other companies

Apollo Global Management logo
APOAsset Management — Net investment income
-$77M-125%
Assured Guaranty logo
AGOAsset Management — Net investment income
$0
Voya Financial logo
VOYAInvestment Management Segment — Net investment income
$14M+75.0%
Globe Life logo
GLInvestment — Net investment income
$289.82M+3.3%
Globe Life logo
GLLife — Net investment income
$0
Globe Life logo
GLHealth — Net investment income
$0

Other financials

Income statement

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

Balance sheet

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

Cash flow

See full
Operating cash flow-$55.5M-131%

Valuation

See full
Market cap$5.3B+15.6%
P/E4.7×
P/S1.4×-0.5×

Profitability

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

Returns & leverage

See full
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:NetInvestmentIncome.

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
MillionsThree Months Ended June 30, 2026Three Months Ended June 30, 2025Six Months Ended June 30, 2026Six Months Ended June 30, 2025
Other revenues4.96.311.68.5
Total P&C Insurance and Reinsurance revenues439.6447.9815.9861.1
Asset Management (Kudu)
Net investment income19.019.339.838.7
Net realized and unrealized investment gains (losses)49.7.891.744.8
Other revenues.2.3.4.7
Total Asset Management revenues68.920.4131.984.2
Financial Guarantee (HG Global)

Item 1. Financial Statements (Unaudited)

FAQ

What is White Mountains Insurance Group's asset management (kudu) — net investment income?
White Mountains Insurance Group (WTM) reported asset management (kudu) — net investment income of $19M in Q2 2026.
How has White Mountains Insurance Group's asset management (kudu) — net investment income changed year-over-year?
White Mountains Insurance Group's asset management (kudu) — net investment income decreased by 1.6% year-over-year, from $19.3M to $19M.
What is the long-term trend for White Mountains Insurance Group's asset management (kudu) — net investment income?
Over 4 years (2021 to 2025), White Mountains Insurance Group's asset management (kudu) — net investment income has grown at a 15.7% compound annual growth rate (CAGR), from $43.9M to $78.7M.
What does asset management (kudu) — net investment income mean?
Captures the recurring income generated from the segment's investment portfolio, such as interest and dividends, excluding realized or unrealized gains. It serves as a key indicator of the segment's ability to generate stable, cash-based returns from its allocated capital.

Ask your AI about White Mountains Insurance Group's asset management (kudu) — net investment income.

Connect your AI assistant and compare segments, right in your chat.

Connect your AI
Harbor at dusk
Claude