What is White Mountains Insurance Group's specialty — 7?

White Mountains Insurance Group (WTM) reported specialty — 7 of 2.1% in Q4 2025.

How has White Mountains Insurance Group's specialty — 7 changed year-over-year?

White Mountains Insurance Group's specialty — 7 increased by 40.0% year-over-year, from 1.5% to 2.1%.

What does specialty — 7 mean?

Represents the adjustment to specialty segment loss reserves attributable to prior accident years, highlighting the impact of emerging claim trends on historical financial statements. Investors use this to assess the stability of the segment's long-term loss experience.

White Mountains Insurance Group (WTM) Specialty — 7

Screener

Other product segments

Casualty-Active

7.2%+14.3%

Casualty-Runoff

5.9%0.0%

Marine & Energy

0.5%+66.7%

Property and Accident & Health

0.4%-20.0%

Similar metrics at other companies

HGBermuda - Specialty — 7

4%-1.0pp

HGInternational - Specialty — 7

4%-2.0pp

FRHCCivil Liability — 7

0%—

FRHCLife Insurance — 7

50%—

FRHCMotor Vehicle — 7

0%—

FRHCProperty Damage — 7

0%—

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

See full

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

See full

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:ShortdurationInsuranceContractsHistoricalClaimsDurationYearSeven.

The source filing: White Mountains Insurance Group’s 10-K, filed February 27, 2026.

Filed: Feb 27, 2026, 9:21 AM EST
Fiscal year: FY2025
Accession: 0001628280-26-012603

Specialty	Specialty / Average Annual Percentage Payout of Incurred Loss and LAE by Age, Net of Reinsurance	Specialty / Average Annual Percentage Payout of Incurred Loss and LAE by Age, Net of Reinsurance	Specialty / Average Annual Percentage Payout of Incurred Loss and LAE by Age, Net of Reinsurance	Specialty / Average Annual Percentage Payout of Incurred Loss and LAE by Age, Net of Reinsurance	Average Annual Percentage Payout of Incurred Loss and LAE by Age, Net of Reinsurance	Average Annual Percentage Payout of Incurred Loss and LAE by Age, Net of Reinsurance	Average Annual Percentage Payout of Incurred Loss and LAE by Age, Net of Reinsurance	Average Annual Percentage Payout of Incurred Loss and LAE by Age, Net of Reinsurance	Average Annual Percentage Payout of Incurred Loss and LAE by Age, Net of Reinsurance	Average Annual Percentage Payout of Incurred Loss and LAE by Age, Net of Reinsurance
Years	1	2	3	4	5	6	7	8	9	10
	18.2%	26.8%	13.2%	8.7%	6.3%	2.5%	2.1%	1.8%	(1.2)%	1.0%

Item 16. Form 10-K Summary.

FAQ

What is White Mountains Insurance Group's specialty — 7?: White Mountains Insurance Group (WTM) reported specialty — 7 of 2.1% in Q4 2025.
How has White Mountains Insurance Group's specialty — 7 changed year-over-year?: White Mountains Insurance Group's specialty — 7 increased by 40.0% year-over-year, from 1.5% to 2.1%.
What does specialty — 7 mean?: Represents the adjustment to specialty segment loss reserves attributable to prior accident years, highlighting the impact of emerging claim trends on historical financial statements. Investors use this to assess the stability of the segment's long-term loss experience.