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White Mountains Insurance Group WTM Hg Global — Benefits Losses And Expenses

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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$5.23B+14.0%
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:BenefitsLossesAndExpenses.

The source filing: White Mountains Insurance Group’s 10-Q, filed August 6, 2026.

Filed
Aug 6, 2026, 8:50 AM EDT
Fiscal quarter
Q2 FY2026
Calendar quarter
Q2 2026
Accession
0001628280-26-053932
MillionsThree Months Ended June 30, 2026Three Months Ended June 30, 2025Six Months Ended June 30, 2026Six Months Ended June 30, 2025
Insurance acquisition expenses2.12.04.23.9
General and administrative expenses4.21.04.91.6
Interest expense3.74.57.39.1
Total Financial Guarantee expenses10.07.516.414.6
Specialty Insurance Distribution (Distinguished)
Broker commission expenses23.340.5
General and administrative expenses41.078.2
Interest expense3.67.1

Item 1. Financial Statements (Unaudited)

FAQ

What is White Mountains Insurance Group's hg global — benefits losses and expenses?
White Mountains Insurance Group (WTM) reported hg global — benefits losses and expenses of $10M in Q2 2026.
What does hg global — benefits losses and expenses mean?
This represents the total costs incurred by the Hg Global segment related to insurance claims, policyholder benefits, and associated loss adjustment expenses. It is a primary indicator of underwriting performance and the direct cost of providing insurance coverage.

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