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White Mountains Insurance Group WTM Financial Guarantee (HG Global) — Unearned Premiums

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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:SupplementaryInsuranceInformationUnearnedPremiums.

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 financial guarantee (HG global) — unearned premiums?
White Mountains Insurance Group (WTM) reported financial guarantee (HG global) — unearned premiums of $327.9M in Q4 2025.
How has White Mountains Insurance Group's financial guarantee (HG global) — unearned premiums changed year-over-year?
White Mountains Insurance Group's financial guarantee (HG global) — unearned premiums increased by 10.3% year-over-year, from $297.3M to $327.9M.
What does financial guarantee (HG global) — unearned premiums mean?
The portion of premiums written that relates to the unexpired period of insurance coverage provided by the segment. This liability represents the obligation to provide future coverage for which the premium has already been collected. It is a key indicator of future revenue potential and the volume of active insurance business.