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White Mountains Insurance Group WTM HG Global — Gross earned premiums

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NODKNet Premium Earned — Ceded Premiums Earned
$8.71M-14.9%

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 wtm:GrossPremiumsEarned.

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 / Written premiums: / DirectThree Months Ended June 30, 2026 / $Three Months Ended June 30, 2026 / —Three Months Ended June 30, 2025 / $Three Months Ended June 30, 2025 / —Six Months Ended June 30, 2026 / $Six Months Ended June 30, 2026 / —Six Months Ended June 30, 2025 / $Six Months Ended June 30, 2025 / —
Assumed11.019.219.325.9
Gross written premiums$$11.0$$19.2$$19.3$$25.9
Earned premiums:
Direct$$$$
Assumed7.77.115.415.3
Gross earned premiums$$7.7$$7.1$$15.4$$15.3

Item 1. Financial Statements (Unaudited)

FAQ

What is White Mountains Insurance Group's HG global — gross earned premiums?
White Mountains Insurance Group (WTM) reported HG global — gross earned premiums of $7.7M in Q2 2026.
How has White Mountains Insurance Group's HG global — gross earned premiums changed year-over-year?
White Mountains Insurance Group's HG global — gross earned premiums increased by 8.5% year-over-year, from $7.1M to $7.7M.
What is the long-term trend for White Mountains Insurance Group's HG global — gross earned premiums?
Over 3 years (2022 to 2025), White Mountains Insurance Group's HG global — gross earned premiums has grown at a 3.8% compound annual growth rate (CAGR), from $27.5M to $30.8M.
What does HG global — gross earned premiums mean?
This metric reflects the portion of gross written premiums that the segment has recognized as revenue over the reporting period as the coverage period expires. It is a more accurate measure of current insurance revenue than written premiums, as it aligns revenue recognition with the duration of the risk exposure. Consistent growth in earned premiums demonstrates sustainable business volume.

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