Skip to content
Screener

White Mountains Insurance Group WTM Bamboo Captive — Deferred Acquisition Costs

Other segment segments

HG Global/BAM - Segment
$96.9M+11.9%

Similar metrics at other companies

Arch Capital Group logo
ACGLInsurance — Deferred Acquisition Costs
$788M+13.2%
Arch Capital Group logo
ACGLMortgage — Deferred Acquisition Costs
$57M0.0%
Everest Group logo
EGInsurance — Deferred Acquisition Costs
$280M+3.7%
Everest Group logo
EGOther — Deferred Acquisition Costs
$8M+33.3%
Everest Group logo
EGReinsurance — Deferred Acquisition Costs
$1.26B+6.2%
Arch Capital Group logo
ACGLReinsurance — Deferred Acquisition Costs
$872M-11.1%

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:SupplementalInformationForPropertyCasualtyInsuranceUnderwritersDeferredPolicyAcquisitionCosts.

The source filing: White Mountains Insurance Group’s 10-K, filed February 27, 2026.

Filed
Feb 27, 2026, 9:21 AM EST
Fiscal year
FY2025
Accession
0001628280-26-012603
Column A / Affiliation withregistrantColumn B / Deferred acquisitioncostsColumn C / Reservesfor Unpaid Claims and Claims Adjustment ExpensesColumn D / Discount, if any, deducted in Column CColumn E / Unearned PremiumsColumn F / Earned PremiumsColumn G / Net investmentincomeColumn H / Claims and Claims Adjustment Expenses Incurred Related to / Current YearColumn H / Claims and Claims Adjustment Expenses Incurred Related to / Prior YearColumn I / Amortizationof deferredpolicy acquisitioncostsColumn J / Paid Claims and Claims Adjustment ExpensesColumn K / Net Premiumswritten
2024165.22,127.5853.31,587.890.7914.4(58.6)294.1416.71,679.1
2023145.31,605.1743.61,409.761.4706.919.9273.1407.91,520.9
Bamboo Captive (1)
2025$26.7$1.8$16.0$2.0$9.7$27.2$16.1
202410.217.831.539.41.417.33.314.112.050.0
2023
Bamboo CRVs
2025$2.5$13.6$9.6$22.2$1.5$16.2$3.8$8.3$16.4$1.4

Item 16. Form 10-K Summary.

FAQ

What is White Mountains Insurance Group's bamboo captive — deferred acquisition costs?
White Mountains Insurance Group (WTM) reported bamboo captive — deferred acquisition costs of $0 in Q4 2025.
What does bamboo captive — deferred acquisition costs mean?
Represents the capitalized costs associated with acquiring new insurance contracts that are expected to be recovered from future premiums. This asset reflects the upfront investment in policy issuance, such as commissions and underwriting expenses, which are amortized over the life of the policy. It is a key indicator of the company's growth strategy and the long-term value of its insurance portfolio.

Ask your AI about White Mountains Insurance Group's bamboo captive — deferred acquisition costs.

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

Connect your AI
Harbor at dusk
Claude