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White Mountains Insurance Group WTM Specialty — Total Reinsurance recoverables on unpaid losses

Other product segments

Marine & Energy
$208.9M+16.0%
Property and Accident & Health
$142.4M+17.2%
Casualty-Active
$113M+40.0%
Casualty-Runoff
-$400K-150%

Similar metrics at other companies

Arch Capital Group logo
ACGLSpecialty — Unpaid losses and loss adjustment expenses recoverable
$1.39B+38.9%
Radian Group logo
RDNSpecialty Insurance — Reinsurance Recoverable For Unpaid Claims And Claims Adjustments
$272.12M
Arch Capital Group logo
ACGLMulti-line and other specialty — Unpaid losses and loss adjustment expenses recoverable
$436M+22.5%
The Hanover Insurance Group logo
THGSpecialty Lines — Reinsurance Recoverable For Unpaid Claims And Claims Adjustments
$322.9M-3.5%
CNA Financial logo
CNASpecialty — Reinsurance receivables
$1.66B+2.1%
Progressive logo
PGROther Shortduration Insurance Product Line — Total reinsurance recoverables on unpaid claims
$207M-41.5%

Other financials

Income statement

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Revenue$517.8M-10.4%
Gross profit$475.1M-16.7%
Net income-$27.2M-180%

Balance sheet

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Total debt$834.8M+23.5%
Total equity$5.4B+19.2%
Total assets$13.2B+19.7%

Cash flow

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Operating cash flow$30.5M+176%

Valuation

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Market cap$4.99B+9.8%

Profitability

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Gross margin94.9%-3.7pp
Net margin28.4%

Returns & leverage

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Return on equity21.2%
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:ReinsuranceRecoverablesOnUnpaidLossesGross.

The official record: White Mountains Insurance Group’s 10-K, filed February 27, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is White Mountains Insurance Group's specialty — total reinsurance recoverables on unpaid losses?
White Mountains Insurance Group (WTM) reported specialty — total reinsurance recoverables on unpaid losses of $44.4M in Q4 2025.
How has White Mountains Insurance Group's specialty — total reinsurance recoverables on unpaid losses changed year-over-year?
White Mountains Insurance Group's specialty — total reinsurance recoverables on unpaid losses decreased by 13.5% year-over-year, from $51.3M to $44.4M.
What does specialty — total reinsurance recoverables on unpaid losses mean?
This metric quantifies the total amount of unpaid losses and loss adjustment expenses that the company expects to recover from its reinsurers. It serves as an indicator of the company's reliance on reinsurance to mitigate risk exposure within the Specialty segment.