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White Mountains Insurance Group WTM Bamboo Captive — Benefits, Claims, Losses and Settlement Expenses

Other segment segments

Financial Guarantee (HG Global)
$0

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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:SupplementaryInsuranceInformationBenefitsClaimsLossesAndSettlementExpense.

The official record: White Mountains Insurance Group’s 10-K, filed February 27, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is White Mountains Insurance Group's bamboo captive — benefits, claims, losses and settlement expenses?
White Mountains Insurance Group (WTM) reported bamboo captive — benefits, claims, losses and settlement expenses of $4.5M in Q4 2025.
How has White Mountains Insurance Group's bamboo captive — benefits, claims, losses and settlement expenses changed year-over-year?
White Mountains Insurance Group's bamboo captive — benefits, claims, losses and settlement expenses decreased by 12.6% year-over-year, from $5.15M to $4.5M.
What does bamboo captive — benefits, claims, losses and settlement expenses mean?
The total costs incurred by the segment related to policyholder claims, including both paid losses and changes in loss reserves. This metric is the primary driver of underwriting expenses and directly impacts the segment's combined ratio. It serves as a key measure of underwriting discipline and the accuracy of initial risk pricing.