White Mountains Insurance ( (WTM) ) has released its Q2 earnings. Here is a breakdown of the information White Mountains Insurance presented to its investors.
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White Mountains Insurance Group, Ltd. is a Bermuda-domiciled financial services holding company primarily engaged in property and casualty insurance and reinsurance, financial guarantee, and asset management sectors. The company is publicly traded on the New York Stock Exchange and the Bermuda Stock Exchange.
In its latest earnings report, White Mountains Insurance Group announced a 3% increase in book value per share to $1,804 as of June 30, 2025. The company reported comprehensive income attributable to common shareholders of $124 million for the second quarter of 2025, a significant improvement from a loss of $55 million in the same period last year.
Key highlights include Ark’s 17% year-over-year increase in gross written premiums, achieving an 85% combined ratio. HG Global recorded a record second quarter with $19 million in gross written premiums, while Bamboo reported substantial growth in managed premiums and adjusted EBITDA. Additionally, MediaAlpha’s share price rose by 19%, contributing to a $31 million mark-to-market gain.
Looking ahead, White Mountains Insurance Group remains optimistic about its growth prospects, with undeployed capital standing at approximately $300 million following recent acquisitions. The company continues to focus on strategic investments and capital deployment to drive future growth.