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White Mountains Insurance Group WTM Asset Management (Kudu) — Total Liabilities

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Other financials

Income statement

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

Balance sheet

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

Cash flow

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Operating cash flow-$55.5M-131%

Valuation

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

Profitability

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

Returns & leverage

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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:Liabilities.

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, except share and per share amountsJune 30, 2026December 31, 2025
Asset Management (Kudu)
Debt350.7350.4
Other liabilities116.796.5
Total Asset Management liabilities467.4446.9
Financial Guarantee (HG Global)
Unearned insurance premiums331.8327.9
Debt197.4147.8
Other liabilities20.123.8

Item 1. Financial Statements (Unaudited)

FAQ

What is White Mountains Insurance Group's asset management (kudu) — total liabilities?
White Mountains Insurance Group (WTM) reported asset management (kudu) — total liabilities of $467.4M in Q2 2026.
How has White Mountains Insurance Group's asset management (kudu) — total liabilities changed year-over-year?
White Mountains Insurance Group's asset management (kudu) — total liabilities increased by 42.0% year-over-year, from $329.2M to $467.4M.
What does asset management (kudu) — total liabilities mean?
Represents the aggregate financial obligations owed by the asset management segment to external parties. This metric reflects the segment's leverage and capital structure, providing insight into the debt and operational commitments required to sustain investment activities.

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