White Mountains Insurance Group WTM Marine & Energy — Incurred Loss and LAE, Net of Reinsurance

Other product segments

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HIGMarine — Unpaid Unallocated Loss Adjustment Expenses, Net of Reinsurance

$15M0.0%

ACGLMarine and aviation — Incurred losses and allocated loss adjustment expenses, net of reinsurance

104,100,000,000%+80,800,000,000pp

MKLMarine and energy — Incurred losses and loss adjustment expenses, prior accident years

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FRHCLife Insurance — Incurred losses and LAE, net of reinsurance for the years ended March 31

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ACGLProperty, energy, marine and aviation — Incurred losses and allocated loss adjustment expenses, net of reinsurance

385,500,000,000%+315,200,000,000pp

HIGMarine — Cumulative Paid Losses & Allocated Loss Adjustment Expenses, Net of Reinsurance

$1.1B+553%

Questions, answered.

What is White Mountains Insurance Group's marine & energy — incurred loss and LAE, net of reinsurance?

White Mountains Insurance Group (WTM) reported marine & energy — incurred loss and LAE, net of reinsurance of $248.1M in Q4 2025.

How has White Mountains Insurance Group's marine & energy — incurred loss and LAE, net of reinsurance changed year-over-year?

White Mountains Insurance Group's marine & energy — incurred loss and LAE, net of reinsurance increased by 2.0% year-over-year, from $243.3M to $248.1M.

What does marine & energy — incurred loss and LAE, net of reinsurance mean?

This represents the total cost of claims and associated loss adjustment expenses incurred during the period for the Marine and Energy segment, net of any reinsurance recoveries. It is a primary measure of the segment's underwriting performance and claims experience.