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White Mountains Insurance Group WTM Specialty Insurance Distribution (Distinguished) — Other intangible assets, impairments

Other segment segments

Asset Management (Kudu)
$0
P&C Insurance Distribution (Bamboo)
$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:ImpairmentOfIntangibleAssetsFinitelived.

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
Kudu
Trade names7.02.22.2
Distinguished
Trade names10.024.32.022.3
Agency relationships8.0127.913.5114.4
Developed technology5.036.66.130.5
Subtotal188.821.6167.2
WTM Partners (2)

Item 1. Financial Statements (Unaudited)

FAQ

What is White Mountains Insurance Group's specialty insurance distribution (distinguished) — other intangible assets, impairments?
White Mountains Insurance Group (WTM) reported specialty insurance distribution (distinguished) — other intangible assets, impairments of $0 in Q2 2026.
What does specialty insurance distribution (distinguished) — other intangible assets, impairments mean?
The specific impairment charges recognized against finite-lived intangible assets within the specialty insurance distribution segment when their carrying amount is no longer fully recoverable. This serves as a performance indicator for the segment's ability to maintain the value of its acquired intangible assets. Frequent impairments may signal overpayment for acquisitions or a decline in the segment's competitive position.

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