Name | Value |
---|---|
Revenues | 395.4M |
Cost of Revenue | 7.0M |
Gross Profit | 388.4M |
Operating Expense | 218.1M |
Operating I/L | -146.0M |
Other Income/Expense | -34.7M |
Interest Income | 0.0M |
Pretax | -34.7M |
Income Tax Expense | 6.5M |
Net Income/Loss | -53.9M |
White Mountains Insurance Group, Ltd. operates through five segments, providing insurance and financial services. The HG Global/BAM segment offers insurance on municipal bonds and reinsurance protection services. The Ark segment writes reinsurance and insurance for various sectors. The NSM segment acts as a managing general agent and program administrator for specialty property and casualty insurance. The Kudu segment provides capital solutions to boutique asset and wealth managers. The Other Operations segment offers insurance solutions to the travel industry and manages investment vehicles for insurance-linked securities sectors. The company generates revenue through underwriting insurance policies and providing financial services.