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White Mountains Insurance Group WTM P&C Insurance Distribution (Bamboo) — Acquisition expenses

Other segment segments

P&C Insurance and Reinsurance (Ark/WM Outrigger)
$98.8M+17.9%
Financial Guarantee (HG Global)
$2.1M+10.5%
Asset Management (Kudu)
$0
Specialty Insurance Distribution (Distinguished)
$0

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Other financials

Income statement

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Revenue$517.8M-10.4%
Gross profit$475.1M-16.7%
Net income-$27.2M-180%

Balance sheet

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Total debt$834.8M+23.5%
Total equity$5.4B+19.2%
Total assets$13.2B+19.7%

Cash flow

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Operating cash flow$30.5M+176%

Valuation

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Market cap$4.99B+9.8%

Profitability

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Gross margin94.9%-3.7pp
Net margin28.4%

Returns & leverage

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Return on equity21.2%
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:DeferredPolicyAcquisitionCostAmortizationExpense.

The official record: White Mountains Insurance Group’s 10-Q, filed May 6, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is White Mountains Insurance Group's P&C insurance distribution (bamboo) — acquisition expenses?
White Mountains Insurance Group (WTM) reported P&C insurance distribution (bamboo) — acquisition expenses of $0 in Q1 2026.
How has White Mountains Insurance Group's P&C insurance distribution (bamboo) — acquisition expenses changed year-over-year?
White Mountains Insurance Group's P&C insurance distribution (bamboo) — acquisition expenses decreased by 100.0% year-over-year, from $6.6M to $0.
What does P&C insurance distribution (bamboo) — acquisition expenses mean?
Captures the costs directly associated with acquiring new insurance policies, such as marketing, advertising, and underwriting-related administrative costs. This metric is essential for evaluating the efficiency of the segment's growth strategy and customer acquisition efforts. It helps investors understand the cost-to-acquire relative to the revenue generated.