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White Mountains Insurance Group WTM Bamboo CRV — Deferred Acquisition Costs

Other segment segments

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

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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:SupplementalInformationForPropertyCasualtyInsuranceUnderwritersDeferredPolicyAcquisitionCosts.

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 CRV — deferred acquisition costs?
White Mountains Insurance Group (WTM) reported bamboo CRV — deferred acquisition costs of $2.5M in Q4 2025.
What does bamboo CRV — deferred acquisition costs mean?
Represents the capitalized costs associated with acquiring new insurance policies, such as commissions and underwriting expenses. These costs are deferred on the balance sheet and amortized over the life of the related insurance contracts to match expenses with the recognition of premium revenue.