Question 1

What is White Mountains Insurance Group's P&C insurance distribution (bamboo) — interest expense?

Accepted Answer

White Mountains Insurance Group (WTM) reported P&C insurance distribution (bamboo) — interest expense of $0 in Q2 2026.

Question 2

How has White Mountains Insurance Group's P&C insurance distribution (bamboo) — interest expense changed year-over-year?

Accepted Answer

White Mountains Insurance Group's P&C insurance distribution (bamboo) — interest expense decreased by 100.0% year-over-year, from $2.9M to $0.

Question 3

What does P&C insurance distribution (bamboo) — interest expense mean?

Accepted Answer

The cost of debt financing specifically allocated to the operations of this segment. This reflects the interest paid on borrowings used to fund segment-specific capital requirements or acquisitions. It is an important indicator of the segment's financial leverage and the associated cost of capital.

Millions	Three Months Ended June 30, 2026	Three Months Ended June 30, 2025	Six Months Ended June 30, 2026	Six Months Ended June 30, 2025
Loss and loss adjustment expenses	—	1.7	—	12.6
Insurance acquisition expenses	—	(.6)	—	6.0
General and administrative expenses	—	22.6	—	42.6
Interest expense	—	2.9	—	5.0
Total P&C Insurance Distribution expenses	—	46.4	—	101.5
Other Operations
Cost of sales	7.5	7.2	14.1	14.7
General and administrative expenses	42.5	49.1	89.6	104.1

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White Mountains Insurance Group WTM P&C Insurance Distribution (Bamboo) — Interest Expense