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White Mountains Insurance Group WTM P&C Insurance and Reinsurance (Ark/WM Outrigger) — Cash

Other segment segments

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
Short-term investments, at fair value536.9866.6
Other long-term investments769.0689.7
Total investments3,725.53,926.5
Cash (restricted $25.2 and $1.1)91.5104.8
Reinsurance recoverables1,394.0836.1
Insurance premiums receivable1,473.2848.4
Deferred acquisition costs327.9211.1
Goodwill and other intangible assets292.5292.5

Item 1. Financial Statements (Unaudited)

FAQ

What is White Mountains Insurance Group's P&C insurance and reinsurance (ark/wm outrigger) — cash?
White Mountains Insurance Group (WTM) reported P&C insurance and reinsurance (ark/wm outrigger) — cash of $91.5M in Q2 2026.
How has White Mountains Insurance Group's P&C insurance and reinsurance (ark/wm outrigger) — cash changed year-over-year?
White Mountains Insurance Group's P&C insurance and reinsurance (ark/wm outrigger) — cash decreased by 43.8% year-over-year, from $162.7M to $91.5M.
What is the long-term trend for White Mountains Insurance Group's P&C insurance and reinsurance (ark/wm outrigger) — cash?
Over 2 years (2023 to 2025), White Mountains Insurance Group's P&C insurance and reinsurance (ark/wm outrigger) — cash has grown at a 25.7% compound annual growth rate (CAGR), from $454.4M to $717.9M.
What does P&C insurance and reinsurance (ark/wm outrigger) — cash mean?
Unrestricted cash and cash equivalents held by the insurance segment for day-to-day operations and immediate claim payments. This represents the most liquid asset class available to the segment. Maintaining adequate cash levels is essential for operational stability and meeting short-term obligations.

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