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White Mountains Insurance Group WTM Specialty Insurance Distribution (Distinguished) — Impairments

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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:GoodwillImpairmentLoss.

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
$ in MillionsWeighted Average Economic Life (in years)June 30, 2026 / Acquisition Date Fair ValueJune 30, 2026 / Accumulated AmortizationJune 30, 2026 / Impairments (1)June 30, 2026 / Net Carrying Value
Goodwill:
ArkN/A$116.8$116.8
KuduN/A7.67.6
DistinguishedN/A397.9397.9
WTM Partners (2)N/A238.3238.3
Other OperationsN/A44.49.135.3
Total goodwill805.09.1795.9
Other intangible assets:

Item 1. Financial Statements (Unaudited)

FAQ

What is White Mountains Insurance Group's specialty insurance distribution (distinguished) — impairments?
White Mountains Insurance Group (WTM) reported specialty insurance distribution (distinguished) — impairments of $0 in Q2 2026.
What does specialty insurance distribution (distinguished) — impairments mean?
Represents the total charges recognized when the carrying value of an asset exceeds its recoverable amount within the specialty insurance distribution segment. This metric indicates potential deterioration in the value of long-lived assets or investments held by the business unit. Monitoring this helps investors assess the quality of the segment's asset base and the accuracy of historical valuation assumptions.

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