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WTM Partners
$6.1M
Specialty Insurance Distribution (Distinguished)
$4.1M
Asset Management (Kudu)
$1.4M-75.4%

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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$5.3B+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:Cash.

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
Millions, except share and per share amountsJune 30, 2026December 31, 2025
Fixed maturity investments, at fair value715.1693.4
Short-term investments, at fair value34.290.8
Total investments749.3784.2
Cash.2.1
BAM Surplus Notes, at fair value352.8339.0
Insurance premiums receivable9.811.4
Deferred acquisition costs98.596.9
Other assets6.05.2

Item 1. Financial Statements (Unaudited)

FAQ

What is White Mountains Insurance Group's HG global — cash?
White Mountains Insurance Group (WTM) reported HG global — cash of $200K in Q2 2026.
What does HG global — cash mean?
This represents the cash and cash equivalents held by the HG Global segment to facilitate day-to-day operations and immediate settlement of obligations. It is the most liquid component of the segment's balance sheet. Maintaining adequate cash levels is critical for operational resilience and meeting unforeseen liquidity demands.

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