White Mountains Insurance Group WTM Financial Guarantee (HG Global) — Deferred acquisition costs

Other segment segments

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Questions, answered.

What is White Mountains Insurance Group's financial guarantee (HG global) — deferred acquisition costs?

White Mountains Insurance Group (WTM) reported financial guarantee (HG global) — deferred acquisition costs of $97.3M in Q1 2026.

How has White Mountains Insurance Group's financial guarantee (HG global) — deferred acquisition costs changed year-over-year?

White Mountains Insurance Group's financial guarantee (HG global) — deferred acquisition costs increased by 12.4% year-over-year, from $86.6M to $97.3M.

What does financial guarantee (HG global) — deferred acquisition costs mean?

Costs incurred in the acquisition of new insurance contracts that are capitalized and amortized over the life of the policies. This metric reflects the upfront investment made to generate future premium revenue. Tracking this balance helps analysts understand the timing of profitability recognition relative to policy issuance.