White Mountains Insurance Q2 revenue rises

White Mountains Insurance

06/08/2026 13:32

Overview
Insurance holding company reported Q2 revenue rose yr/yr to $844.6 mln
Book value per share grew 4% in Q2, driven by operating and investment gains
Company repurchased $191 mln of shares in Q2
     

Result Drivers
INVESTMENT GAINS - Co said solid investment returns and mark-to-market gains, particularly from MediaAlpha, contributed to Q2 results
PROPERTY MARKET SOFTENING - Ark's gross written premiums declined due to softening market conditions in property lines, partially offset by growth in specialty lines
MUNICIPAL BOND SPREADS - HG Global's gross written premiums fell, attributed to continued tightening of municipal bond spreads and weaker primary market pricing

Company press release: ID:nPn8bFtjqa

Key Details
Metric
Beat/Miss
Actual
Consensus Estimate
Q2 Revenue
 
$844.60 mln
 

Analyst Coverage
The one available analyst rating on the shares is "hold"
The average consensus recommendation for the property & casualty insurance peer group is "buy."
Wall Street's median 12-month price target for White Mountains Insurance Group, Ltd. is $342.95, about 83.8% below its August 5 closing price of $2,111.91

Reuters Recommended Reads
Aug 4 - Cayman's Greenlight Capital Re swings to Q2 loss on investment, catastrophe losses
Aug 4 - Goldman Sachs, Talcott launch $1 billion Bermuda reinsurance sidecar
Aug 6 - Swiss Re's H1 net income rises 9%, insurance revenue falls 3%

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(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)