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

Other segment segments

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$92.8M
Asset Management (Kudu)
$68.9M+238%
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$57.4M
P&C Insurance Distribution (Bamboo)
$0-100%

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Other financials

Income statement

See full
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:Revenues.

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
Net investment income28.026.356.749.8
Net realized and unrealized investment gains (losses)30.551.1(2.4)80.6
Other revenues4.96.311.68.5
Total P&C Insurance and Reinsurance revenues439.6447.9815.9861.1
Asset Management (Kudu)
Net investment income19.019.339.838.7
Net realized and unrealized investment gains (losses)49.7.891.744.8
Other revenues.2.3.4.7

Item 1. Financial Statements (Unaudited)

FAQ

What is White Mountains Insurance Group's P&C insurance and reinsurance (ark/wm outrigger) — revenue?
White Mountains Insurance Group (WTM) reported P&C insurance and reinsurance (ark/wm outrigger) — revenue of $439.6M in Q2 2026.
How has White Mountains Insurance Group's P&C insurance and reinsurance (ark/wm outrigger) — revenue changed year-over-year?
White Mountains Insurance Group's P&C insurance and reinsurance (ark/wm outrigger) — revenue decreased by 1.9% year-over-year, from $447.9M to $439.6M.
What is the long-term trend for White Mountains Insurance Group's P&C insurance and reinsurance (ark/wm outrigger) — revenue?
Over 4 years (2021 to 2025), White Mountains Insurance Group's P&C insurance and reinsurance (ark/wm outrigger) — revenue has grown at a 30.6% compound annual growth rate (CAGR), from $668.5M to $1.94B.
What does P&C insurance and reinsurance (ark/wm outrigger) — revenue mean?
The total top-line revenue generated by the segment, aggregating earned premiums, net investment income, and other miscellaneous income. It provides a comprehensive view of the segment's overall scale and market activity.

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