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White Mountains Insurance Group WTM Specialty Insurance Distribution (Distinguished) — Earned insurance premiums

Other segment segments

Asset Management (Kudu)
$0
P&C Insurance Distribution (Bamboo)
$0
WTM Partners
$0

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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:PremiumsEarnedNet.

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 / Three Months Ended June 30, 2026Ark/WM Outrigger / ArkArk/WM Outrigger / WM Outrigger ReKuduHG GlobalDistinguishedWTM PartnersOther OperationsTotal
Earned insurance premiums (1)$375.4$.8$7.7$.7$384.6
Net investment income (2)26.91.119.07.8.615.570.9
Net realized and unrealized investment gains (losses) (2)30.549.7(2.0)72.4150.6
Net realized and unrealized investment gains (losses) from investment in MediaAlpha58.458.4
Interest income from BAM Surplus Notes6.96.9
Commission and fee revenues (1)56.63.860.4
Product and services revenues92.814.7107.5
Other revenues (1) (2)4.9.2.25.3

Item 1. Financial Statements (Unaudited)

FAQ

What is White Mountains Insurance Group's specialty insurance distribution (distinguished) — earned insurance premiums?
White Mountains Insurance Group (WTM) reported specialty insurance distribution (distinguished) — earned insurance premiums of $0 in Q2 2026.
What does specialty insurance distribution (distinguished) — earned insurance premiums mean?
The portion of insurance premiums that corresponds to the coverage period already provided by the specialty insurance distribution segment during the reporting period. This is a primary revenue driver for insurance-related operations, reflecting the volume of risk underwritten and the pricing power of the segment. It serves as a core indicator of the segment's top-line growth and market activity.

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