White Mountains Insurance Group, Ltd.

White Mountains Insurance Group, Ltd.

WTMยทNYSE

$2.03K

+0.50%
Financial ServicesInsurance - Property & Casualty

White Mountains Insurance Group, Ltd., through its subsidiaries, provides insurance and other financial services in the United States. The company operates through five segments: HG Global/BAM, Ark, NSM, Kudu, and Other Operations. The HG Global/BAM segment provides insurance on municipal bonds issued to finance public purposes, such as schools, utilities, and transportation facilities, as well as reinsurance protection services. The Ark segment writes a portfolio of reinsurance and insurance, including property, marine and energy, accident and health, casualty, and specialty products. The NSM segment operates as a managing general agent and program administrator for specialty property and casualty insurance to various sectors comprising specialty transportation, real estate, social services, and pet. The Kudu segment provides capital solutions to boutique asset and wealth managers for generational ownership transfers, management buyouts, acquisitions and growth finances, and legacy partner liquidity, as well as strategic assistance to investees. The Other Operations segment offers insurance solutions to travel industry through broker channel and on a direct-to-consumer basis; and manages separate accounts and pooled investment vehicles for insurance-linked securities sectors, including catastrophe bonds, collateralized reinsurance investments, and industry loss warranties of third-party clients. White Mountains Insurance Group, Ltd. was incorporated in 1980 and is headquartered in Hamilton, Bermuda.

At a Glance

Live Snapshot
Market Cap$5.04B
EPS430.1400
P/E Ratio4.73
Earnings Date08/06/2026
3Y+67.0%
5Y+155.0%
10Y+89.0%
3Y+75.0%
5Y+497.0%
10Y+116.0%
3Y+59.0%
5Y+64.0%
10Y+68.0%
wtm

White Mountains Insurance Group, Ltd. Funding & Solvency Profile

WTM ยท NYSE
Cash & Cash Equivalents184.90M
Net Receivables1.77B
Inventory0.00
Other Current Assets0.00
Total Current Assets5 B
Property, Plant & Equipment0.00
Goodwill & Intangible Assets1.33B
Long-Term Investments5.61B
Other Non-Current Assets457.60M
Total Non-Current Assets6 B
Total Assets
12.31B

Financial Health Analysis

Current Ratio

1.14x

Acceptable liquidity, but monitor closely. Current assets just barely cover current liabilities.

Debt-to-Equity Ratio

0.97x

Balanced capital structure with moderate leverage. Equity exceeds debt, suggesting healthy financial stability.

Working Capital

586 M

Positive working capital, but relatively tight. The company should monitor cash flow carefully.

Asset Composition

40% Current

Capital-intensive business with significant long-term investments in property, equipment, or intangibles.

White Mountains Insurance Group, Ltd. Balance Sheet

WTM โ€ข NYSE

White Mountains Insurance Group, Ltd. Balance SheetDec 2025Dec 2024Dec 2023Dec 2022Dec 2021Dec 2020Dec 2019Dec 2018Dec 2017Dec 2016Dec 2015Dec 2014Dec 2013Dec 2012Dec 2011Dec 2010Dec 2009Dec 2008Dec 2007Dec 2006
ASSETS
CURRENT ASSETS
184.9M
252.3M
121.7M
255M
147.7M
211.2M
161M
110.3M
97.1M
80.2M
173M
261.7M
382.8M
462.4M
705.4M
434.8M
366M
409.6M
171.3M
159M
3B
964.2M
1.5B
924.1M
458.1M
142.8M
201.2M
214.2M
176.1M
174.9M
211.2M
376.8M
635.9M
630.6M
846M
1.1B
2.1B
2.2B
1.3B
1.3B
3.1B
1.2B
1.6B
1.2B
605.8M
354M
362.2M
324.5M
273.2M
255.1M
384.2M
638.5M
1B
1.1B
1.6B
1.5B
60.2M
52M
5.2M
85.6M
1.8B
1.8B
1.1B
1.1B
871.3M
83.6M
86.5M
87.4M
57.8M
24.8M
0.0
452.8M
0.0
0.0
4.7M
0.0
0.0
0.0
0.0
5.2B
1.7B
1.4B
1.1B
1.1B
871.3M
83.6M
86.5M
87.4M
57.8M
24.8M
41.9M
452.8M
984.5M
1B
4.7M
675.4M
813.1M
913.9M
1.1B
8.5M
71M
381.7M
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
5.2B
0.0
0.0
0.0
59.2M
67.1M
0.0
0.0
0.0
0.0
44.2M
29.5M
17.8M
92.4M
91.8M
87.3M
0.0
0.0
0.0
0.0
0.0
0.0
0.0
-2.7B
-2.4B
-1.5B
-437.6M
-448.7M
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
4.9B
3B
0.0
0.0
0.0
0.0
0.0
60.3M
331.1M
324.1M
413.7M
1.1B
1.1B
1.2B
1.6B
55.2M
60.2M
52M
5.2M
85.6M
NON-CURRENT ASSETS
0.0
32.6M
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
439.2M
168.8M
176.5M
142.3M
0.0
394.7M
379.9M
25.9M
25.9M
24.1M
168.9M
174.7M
0.0
0.0
0.0
19.6M
0.0
0.0
0.0
1.3B
281.1M
201.8M
215.9M
198.2M
0.0
260M
157.6M
36.2M
24.2M
187.8M
197.5M
20.7M
195.3M
0.0
0.0
0.0
19.5M
0.0
0.0
1.3B
720.3M
370.6M
392.4M
340.5M
782.4M
654.7M
537.5M
62.1M
45.2M
55.4M
351.2M
195.4M
195.3M
0.0
0.0
19.6M
19.5M
0.0
0.0
5.6B
4.3B
3.5B
3B
3.8B
2.2B
2.3B
2.2B
3.2B
2.5B
4.1B
414.4M
6.9B
664.1M
3.9B
8.7B
4.3B
3.1B
10.1B
9.8B
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
456.1M
512.1M
569.6M
536.9M
0.0
0.0
0.0
0.0
0.0
457.6M
-4.8B
4.5B
4B
2.9B
-2.9B
-2.9B
0.0
-3.2B
-2.4B
-3.6B
15.2M
-6.8B
-471.5M
-3.6B
-4.3B
-19.6M
-253.6M
-5.1B
-5.3B
7.4B
292.5M
8.4B
7.4B
7B
0.0
0.0
2.8B
18.1M
182.6M
488.5M
1.2B
833.5M
957.5M
812.2M
4.4B
4.3B
2.9B
5B
4.5B
0.0
6.6B
0.0
0.0
0.0
4.8B
4B
547.5M
3.3B
6B
9.4B
8.1B
10.2B
10.8B
11.7B
10B
11.1B
13B
14.1B
14.9B
12.3B
9.9B
8.4B
7.4B
7B
4.8B
4B
3.4B
3.7B
6.5B
10.3B
10.5B
12.1B
12.9B
14.1B
14.5B
15.4B
15.9B
19.1B
19.4B
LIABILITIES
CURRENT LIABILITIES
367.5M
237.6M
81.1M
251.1M
424.1M
113.4M
102.3M
111.4M
32.2M
13M
30.5M
34.7M
92.4M
127.9M
169.2M
243.4M
101.1M
108.8M
372.4M
1.1B
367.5M
237.6M
81.1M
251.1M
424.1M
113.4M
102.3M
104.2M
32.2M
13M
30.5M
34.7M
92.4M
127.9M
169.2M
243.4M
101.1M
108.8M
148.2M
66.8M
0.0
0.0
0.0
0.0
0.0
0.0
0.0
14.4M
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
224.2M
1.1B
102.9M
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
95.7M
0.0
0.0
0.0
0.0
187.9M
157.4M
204.9M
154.3M
0.0
0.0
0.0
7.3M
0.0
5.4M
218.2M
86.3M
271M
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
1.4B
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
2.5B
-7.3M
-81.1M
2.3B
-642.3M
-199.7M
-373.3M
0.0
0.0
0.0
0.0
-32.1M
-71.9M
-116.5M
-357.1M
-179.8M
-214M
-154.3M
-326M
-1.1B
4.3B
237.6M
0.0
2.6B
0.0
0.0
0.0
111.4M
32.2M
108.7M
30.5M
2.6M
20.5M
11.4M
357.1M
221M
92M
108.8M
46.4M
66.8M
NON-CURRENT LIABILITIES
837M
562.5M
564.6M
575.2M
420.9M
290.1M
12.5M
192.7M
23.8M
12.7M
337.6M
343.1M
676.4M
751.2M
677.5M
818.8M
1B
1.3B
1.2B
1.1B
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
7M
282.8M
356.2M
341.3M
365.5M
373.2M
355.3M
306M
353.2M
311.5M
885.8M
4B
3.3B
1.7B
2.9B
-290.1M
-12.5M
365.4M
182.4M
2.7B
5.4B
5.2B
6.5B
7.5B
8.3B
0.0
33.1M
-1.4B
0.0
-1.1B
1.7B
4.6B
3.8B
2.9B
3.3B
0.0
0.0
558.1M
206.2M
2.7B
5.8B
5.8B
7.5B
8.6B
9.4B
1.2B
1.4B
200M
1.5B
320M
0.0
0.0
0.0
0.0
0.0
1B
838.5M
-25.1M
60M
0.0
110.2M
105.5M
197.8M
0.0
-322.5M
8.9B
9.6B
12.1B
11.9B
14B
0.0
0.0
0.0
585.5M
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
6.1B
4.8B
3.8B
3.5B
3.3B
1B
838.5M
644.4M
298.4M
2.8B
5.9B
5.9B
7.7B
8.6B
9.4B
10.3B
11.1B
12.4B
13.5B
14.4B
SHAREHOLDERS' EQUITY
579M
2.6M
2.6M
2.6M
3M
3.1M
3.2M
3.2M
3.8M
4.6M
5.6M
6M
6.2M
6.3M
7.6M
8.2M
8.9M
8.8M
10.5M
10.8M
0.0
563.8M
548.7M
536M
585.9M
592.1M
593.1M
580.8M
666.8M
806.1M
972.6M
1B
1B
1.1B
1.3B
1.4B
1.4B
1.4B
1.7B
1.7B
4.8B
3.9B
3.7B
3.2B
3B
3.3B
2.7B
2.3B
2.8B
2.8B
3.1B
3B
2.8B
2.5B
2.8B
2.2B
2.2B
1.8B
2.7B
2.5B
800K
-1.7M
-1.6M
-3.5M
1.7M
-400K
-7.2M
-5.8M
-1.3M
-4.6M
-149.9M
-49.5M
52.1M
131.9M
36.7M
118.4M
-3.5M
-281.3M
303.7M
231.8M
5.4B
4.5B
4.2B
3.7B
3.5B
3.9B
3.3B
2.8B
3.5B
3.6B
3.9B
4B
3.9B
3.7B
4.1B
3.7B
3.7B
2.9B
4.7B
4.5B
6.3B
5.1B
4.6B
3.9B
3.7B
3.8B
3.1B
2.7B
3.4B
3.7B
4.4B
4.5B
4.4B
4.3B
4.1B
4.3B
4.3B
3.5B
5.6B
5.1B
829.7M
647.3M
321.1M
188.1M
156.6M
-88.1M
-116.8M
-124.9M
-131.7M
133.3M
454.8M
542.7M
491.9M
526.4M
38.9M
607.8M
684.1M
596.6M
867.4M
603.2M
SUMMARY
12.3B
9.9B
8.4B
7.4B
7B
4.8B
4B
3.4B
3.7B
6.5B
10.3B
10.5B
12.1B
12.9B
14.1B
14.5B
15.4B
15.9B
19.1B
19.4B
8.6B
5.3B
6.4B
5.2B
4.3B
2.9B
2.9B
2.5B
3.3B
2.7B
4.3B
791.2M
7.5B
1.3B
4B
9.1B
6.4B
5.3B
11.4B
10.5B
837M
562.5M
564.6M
575.2M
639.1M
376.4M
283.5M
192.7M
23.8M
12.7M
337.6M
343.1M
676.4M
751.2M
677.5M
818.8M
1.1B
1.4B
1.2B
1.1B
652.1M
310.2M
442.9M
320.2M
491.4M
165.2M
122.5M
82.4M
-73.3M
-67.5M
164.6M
81.4M
293.6M
288.8M
-27.9M
384M
684.7M
952.4M
1B
947.7M
2,476,670
2,476,670
2,476,670
2,476,670
2,476,670
2,476,670
2,476,670
2,476,670
2,476,670
2,476,670
2,476,670
2,476,670
2,476,670
2,476,670
2,476,670
2,476,670
2,476,670
2,476,670
2,476,670
2,476,670

SEC Filings

WTM - Filing history and reports

Filing TypeFiling DatePeriod EndingFiscal YearActions
8-K

8-K 2026

N/A

May 21, 2026
May 21, 2026
2026
8-K

8-K 2026

N/A

May 15, 2026
May 14, 2026
2026
8-K

8-K 2026

N/A

May 06, 2026
May 06, 2026
2026
10-Q

10-Q 2026 Q1

Q1

May 06, 2026
March 31, 2026
2026
DEF 14A

DEF 14A 2026

N/A

April 01, 2026
May 21, 2026
2026
8-K

8-K 2026

N/A

April 01, 2026
April 01, 2026
2026
10-K

10-K 2025 FY

FY

February 27, 2026
December 31, 2025
2025
8-K

8-K 2026

N/A

February 26, 2026
February 26, 2026
2026
8-K

8-K 2026

N/A

February 06, 2026
February 06, 2026
2026
8-K

8-K 2026

N/A

January 07, 2026
January 07, 2026
2026
Showing 1 to 10 of 522 filings