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White Mountains Insurance Group WTM Bamboo CRV — Net Premiums written

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NODKNet Premium Earned — Assumed Premiums Written
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NODKNet Premium Earned — Ceded Premiums Written
$13.39M-27.7%

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

See full
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:SupplementalInformationForPropertyCasualtyInsuranceUnderwritersPremiumsWritten.

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
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
20245.812.129.032.7.412.112.161.7
2023

Item 16. Form 10-K Summary.

FAQ

What is White Mountains Insurance Group's bamboo CRV — net premiums written?
White Mountains Insurance Group (WTM) reported bamboo CRV — net premiums written of $350K in Q4 2025.
How has White Mountains Insurance Group's bamboo CRV — net premiums written changed year-over-year?
White Mountains Insurance Group's bamboo CRV — net premiums written decreased by 97.7% year-over-year, from $15.43M to $350K.
What does bamboo CRV — net premiums written mean?
This metric represents the total premiums on policies issued by the segment during a specific period, net of any premiums ceded to reinsurers. It serves as a primary indicator of the segment's top-line growth and its success in capturing market share within its target insurance niche. Changes in this figure reflect the segment's underwriting volume and its strategic reliance on reinsurance to manage risk exposure.

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