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White Mountains Insurance Group WTM Bamboo CRV — Paid Claims and Claims Adjustment Expenses

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$58.75M+2.6%

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:SupplementalInformationForPropertyCasualtyInsuranceUnderwritersPaidClaimsAndClaimsAdjustmentExpense.

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 — paid claims and claims adjustment expenses?
White Mountains Insurance Group (WTM) reported bamboo CRV — paid claims and claims adjustment expenses of $4.1M in Q4 2025.
What does bamboo CRV — paid claims and claims adjustment expenses mean?
This metric measures the actual cash outflows made to policyholders for settled claims, including the associated costs of investigating and processing those claims. Unlike incurred losses, which include estimates for future liabilities, this figure represents realized payments made during the reporting period. It provides insight into the immediate liquidity requirements and the actual loss experience of the segment's underwriting portfolio.

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