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White Mountains Insurance Group WTM WTM Partners — Benefits, Losses and Expenses

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$67.9M
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$11.9M+22.7%
P&C Insurance Distribution (Bamboo)
$0-100%

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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$5.23B+14.0%
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:BenefitsLossesAndExpenses.

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
MillionsThree Months Ended June 30, 2026Three Months Ended June 30, 2025Six Months Ended June 30, 2026Six Months Ended June 30, 2025
Cost of sales72.635.2108.735.2
General and administrative expenses15.56.425.39.4
Interest expense.6.3.9.3
Total Services, Industrial and Consumer expenses88.741.9134.944.9
P&C Insurance Distribution (Bamboo)
Broker commission expenses19.835.3
Loss and loss adjustment expenses1.712.6
Insurance acquisition expenses(.6)6.0

Item 1. Financial Statements (Unaudited)

FAQ

What is White Mountains Insurance Group's WTM partners — benefits, losses and expenses?
White Mountains Insurance Group (WTM) reported WTM partners — benefits, losses and expenses of $88.7M in Q2 2026.
What does WTM partners — benefits, losses and expenses mean?
The total costs associated with insurance claims, policyholder benefits, and related operational losses within the WTM Partners segment. This is a key metric for evaluating the underwriting performance and risk management effectiveness of the segment.

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