White Mountains Insurance Group (WTM) Revenue & Revenue Breakdown
White Mountains Insurance Group Revenue Highlights
Latest Revenue (Y)
$1.73B
Latest Revenue (Q)
$-95.80M
Main Segment (Y)
Ark Insurance Holdings Limited
Main Geography (Y)
HG Global-BAM
White Mountains Insurance Group Revenue by Period
White Mountains Insurance Group Revenue by Year
| Date | Revenue | Change |
|---|---|---|
| 2023-12-31 | $1.73B | 49.62% |
| 2022-12-31 | $1.16B | 22.56% |
| 2021-12-31 | $944.80M | -19.98% |
| 2020-12-31 | $1.18B | 32.16% |
| 2019-12-31 | $893.40M | 142.05% |
| 2018-12-31 | $369.10M | -1.26% |
| 2017-12-31 | $373.80M | -72.53% |
| 2016-12-31 | $1.36B | -24.77% |
| 2015-12-31 | $1.81B | -27.95% |
| 2014-12-31 | $2.51B | 8.32% |
| 2013-12-31 | $2.32B | -4.86% |
| 2012-12-31 | $2.44B | 85.55% |
| 2011-12-31 | $1.31B | -63.24% |
| 2010-12-31 | $3.57B | -19.72% |
| 2009-12-31 | $4.45B | 50.49% |
| 2008-12-31 | $2.96B | -37.56% |
| 2007-12-31 | $4.73B | -1.26% |
| 2006-12-31 | $4.79B | 3.50% |
| 2005-12-31 | $4.63B | 1.73% |
| 2004-12-31 | $4.55B | 19.61% |
| 2003-12-31 | $3.81B | -9.05% |
| 2002-12-31 | $4.19B | 29.43% |
| 2001-12-31 | $3.23B | 281.23% |
| 2000-12-31 | $848.20M | 50.07% |
| 1999-12-31 | $565.20M | -2.23% |
| 1998-12-31 | $578.10M | 83.99% |
| 1997-12-31 | $314.20M | -5.50% |
| 1996-12-31 | $332.50M | 49.57% |
| 1995-12-31 | $222.30M | -2.71% |
| 1994-12-31 | $228.50M | -39.07% |
| 1993-12-31 | $375.00M | - |
White Mountains Insurance Group generated $1.73B in revenue during NA 2023, up 49.62% compared to the previous quarter, and up 469.38% compared to the same period a year ago.
White Mountains Insurance Group Revenue by Quarter
| Date | Revenue | Change |
|---|---|---|
| 2024-06-30 | $-95.80M | -114.80% |
| 2024-03-31 | $647.20M | 42.62% |
| 2023-12-31 | $453.80M | -12.66% |
| 2023-09-30 | $519.60M | 37.32% |
| 2023-06-30 | $378.40M | -28.86% |
| 2023-03-31 | $531.90M | 21.55% |
| 2022-12-31 | $437.60M | 14.20% |
| 2022-09-30 | $383.20M | 399.61% |
| 2022-06-30 | $76.70M | -78.02% |
| 2022-03-31 | $348.90M | -0.31% |
| 2021-12-31 | $350.00M | -3565.35% |
| 2021-09-30 | $-10.10M | -102.37% |
| 2021-06-30 | $426.70M | 94.04% |
| 2021-03-31 | $219.90M | -57.78% |
| 2020-12-31 | $520.80M | 13.34% |
| 2020-09-30 | $459.50M | 77.00% |
| 2020-06-30 | $259.60M | -538.51% |
| 2020-03-31 | $-59.20M | -133.77% |
| 2019-12-31 | $175.30M | 12.73% |
| 2019-09-30 | $155.50M | 20.54% |
| 2019-06-30 | $129.00M | -48.69% |
| 2019-03-31 | $251.40M | 4090.00% |
| 2018-12-31 | $6.00M | -96.98% |
| 2018-09-30 | $198.70M | 62.47% |
| 2018-06-30 | $122.30M | 190.50% |
| 2018-03-31 | $42.10M | -63.07% |
| 2017-12-31 | $114.00M | 30.29% |
| 2017-09-30 | $87.50M | 2.46% |
| 2017-06-30 | $85.40M | -77.87% |
| 2017-03-31 | $385.90M | 43.89% |
| 2016-12-31 | $268.20M | -26.52% |
| 2016-09-30 | $365.00M | 1.90% |
| 2016-06-30 | $358.20M | -16.13% |
| 2016-03-31 | $427.10M | -37.05% |
| 2015-12-31 | $678.50M | 102.72% |
| 2015-09-30 | $334.70M | -43.03% |
| 2015-06-30 | $587.50M | -10.55% |
| 2015-03-31 | $656.80M | -4.77% |
| 2014-12-31 | $689.70M | 17.02% |
| 2014-09-30 | $589.40M | -9.71% |
| 2014-06-30 | $652.80M | 12.88% |
| 2014-03-31 | $578.30M | -7.71% |
| 2013-12-31 | $626.60M | 9.14% |
| 2013-09-30 | $574.10M | 17.33% |
| 2013-06-30 | $489.30M | -22.01% |
| 2013-03-31 | $627.40M | 10.77% |
| 2012-12-31 | $566.40M | -18.78% |
| 2012-09-30 | $697.40M | 28.20% |
| 2012-06-30 | $544.00M | -13.73% |
| 2012-03-31 | $630.60M | 6.23% |
| 2011-12-31 | $593.60M | 18.41% |
| 2011-09-30 | $501.30M | -12.22% |
| 2011-06-30 | $571.10M | -27.01% |
| 2011-03-31 | $782.40M | 0.68% |
| 2010-12-31 | $777.10M | -5.40% |
| 2010-09-30 | $821.50M | -11.51% |
| 2010-06-30 | $928.40M | -11.08% |
| 2010-03-31 | $1.04B | -1.50% |
| 2009-12-31 | $1.06B | -11.86% |
| 2009-09-30 | $1.20B | -1.33% |
| 2009-06-30 | $1.22B | 26.11% |
| 2009-03-31 | $966.50M | 168.03% |
| 2008-12-31 | $360.60M | -41.65% |
| 2008-09-30 | $618.00M | -40.53% |
| 2008-06-30 | $1.04B | 10.80% |
| 2008-03-31 | $937.90M | -21.95% |
| 2007-12-31 | $1.20B | - |
White Mountains Insurance Group generated $-95.80M in revenue during Q2 2024, up -114.80% compared to the previous quarter, and up -18.01% compared to the same period a year ago.
White Mountains Insurance Group Revenue Breakdown
White Mountains Insurance Group Revenue Breakdown by Product
Annual Revenue by Product
| Product/Service | Dec 22 | Dec 21 | Dec 20 | Dec 19 | Dec 18 |
|---|---|---|---|---|---|
| Other Entity | $76.30M | $523.70M | $-53.90M | - | - |
| Kudu Investment Management, LLC | $118.50M | $21.20M | - | - | - |
| HG Global-BAM | $33.30M | $26.90M | $22.80M | $16.30M | $13.90M |
| Ark Insurance Holdings Limited | $1.04B | $637.30M | - | - | - |
| NSM Insurance Group | - | $330.40M | $285.10M | $233.10M | $101.60M |
| Other Operations | - | $-211.10M | $781.40M | - | - |
| Kudu | - | $134.00M | $45.70M | - | - |
| MediaAlpha | - | - | - | $48.80M | $297.10M |
White Mountains Insurance Group's latest annual revenue breakdown by segment (product or service), as of Dec 22: Ark Insurance Holdings Limited (82.06%), Kudu Investment Management, LLC (9.32%), Other Entity (6.00%), and HG Global-BAM (2.62%).
Quarterly Revenue by Product
| Product/Service | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | Jun 19 | Mar 19 | Sep 18 | Jun 18 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Corporate and Other | $30.20M | $167.90M | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Kudu | $19.30M | $43.80M | $22.10M | $-17.40M | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Kudu Investment Management, LLC | - | - | $31.50M | $55.90M | $-3.80M | $34.90M | $45.20M | $28.50M | $36.20M | $24.10M | $24.70M | $16.30M | $22.10M | $-17.40M | $9.30M | $7.50M | $4.40M | - | - | - |
| Ark Insurance Holdings Limited | - | - | $308.40M | $343.20M | $182.20M | $175.70M | $211.20M | $217.70M | $130.50M | $109.10M | - | - | - | - | - | - | - | - | - | - |
| HG Global-BAM | - | - | $22.80M | $-24.70M | $-13.20M | $-31.30M | $4.90M | $7.40M | $17.40M | $-6.70M | $10.40M | $14.50M | $26.10M | $17.50M | $5.10M | $18.00M | $21.60M | $21.90M | $4.20M | $5.40M |
| Other Entity | - | - | $74.90M | $8.80M | $-88.50M | $81.10M | $-300.00K | $-346.00M | $158.30M | $-23.10M | $412.40M | $358.00M | $135.30M | $-124.30M | $103.10M | $70.10M | $36.90M | $313.60M | $80.30M | $21.60M |
| NSM Insurance Group | - | - | - | - | - | $88.50M | $89.00M | $82.30M | $84.30M | $74.80M | $73.30M | $70.70M | $76.10M | $65.00M | $57.80M | $59.90M | $66.10M | $49.30M | $39.70M | $23.50M |
| MediaAlpha | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | $33.50M | $74.50M | $71.80M |
| Other Operations | - | - | - | - | - | - | - | - | - | - | - | - | $135.30M | $-124.30M | - | - | - | - | - | - |
| Total | - | - | - | - | - | - | - | - | - | - | - | - | $259.60M | $-59.20M | $155.50M | $129.00M | - | - | - | - |
White Mountains Insurance Group's latest quarterly revenue breakdown by segment (product or service), as of Jun 23: Corporate and Other (61.01%), and Kudu (38.99%).
White Mountains Insurance Group Revenue Breakdown by Country
Annual Revenue by Country
| Country | Dec 22 | Dec 21 | Dec 20 | Dec 19 | Dec 18 |
|---|---|---|---|---|---|
| HG Global-BAM | $33.30M | $26.90M | $22.80M | $16.30M | $13.90M |
| Kudu | - | - | - | - | - |
White Mountains Insurance Group's latest annual revenue breakdown by geography, as of Dec 22: HG Global-BAM (100.00%).
Quarterly Revenue by Country
| Country | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | Jun 19 | Mar 19 | Sep 18 | Jun 18 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Kudu | $19.30M | $43.80M | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| HG Global-BAM | - | - | $22.80M | $-24.70M | $-13.20M | $-31.30M | $4.90M | $7.40M | $17.40M | $-6.70M | $10.40M | $14.50M | $26.10M | $17.50M | $5.10M | $18.00M | $21.60M | $21.90M | $4.20M | $5.40M |
White Mountains Insurance Group's latest quarterly revenue breakdown by geography, as of Jun 23: Kudu (100.00%).
White Mountains Insurance Group Peer Comparison by Revenue
| Ticker | Company | Last Year Revenue | Last Quarter Revenue |
|---|---|---|---|
| PGR | Progressive | $62.08B | $17.76B |
| CB | Chubb | $50.50B | $13.85B |
| CNA | CNA Financial | $13.13B | $3.52B |
| WRB | W. R. Berkley | $12.14B | $3.31B |
| THG | Hanover Insurance Group | $6.01B | $1.54B |
| KMPR | Kemper | $4.94B | $1.13B |
| WTM | White Mountains Insurance Group | $1.73B | $-95.80M |
| RLI | RLI | $1.51B | $416.44M |
| HMN | Horace Mann Educators | $1.49B | $388.10M |
| KNSL | Kinsale Capital Group | $1.22B | $383.34M |
| PRA | ProAssurance | $1.14B | $290.36M |
| DGICA | Donegal Group | $927.34M | $246.77M |
| GBLI | Global Indemnity Group | $528.13M | $108.69M |
| NODK | NI | $365.69M | $91.35M |
| SIGI | Selective Insurance Group | $101.17M | $1.19B |
WTM Revenue FAQ
What is White Mountains Insurance Group’s yearly revenue?
White Mountains Insurance Group's yearly revenue for 2023 was $1.73B, representing an increase of 49.62% compared to 2022. The company's yearly revenue for 2022 was $1.16B, representing an increase of 22.56% compared to 2021. WTM's yearly revenue for 2021 was $944.8M, representing a decrease of -19.98% compared to 2020.
What is White Mountains Insurance Group’s quarterly revenue?
White Mountains Insurance Group's quarterly revenue for Q2 2024 was $-95.8M, a -114.80% decrease from the previous quarter (Q1 2024), and a -125.32% decrease year-over-year (Q2 2023). The company's quarterly revenue for Q1 2024 was $647.2M, a 42.62% increase from the previous quarter (Q4 2023), and a 21.68% increase year-over-year (Q1 2023). WTM's quarterly revenue for Q4 2023 was $453.8M, a -12.66% decrease from the previous quarter (Q3 2023), and a 3.70% increase year-over-year (Q4 2022).
What is White Mountains Insurance Group’s revenue growth rate?
White Mountains Insurance Group's revenue growth rate for the last 3 years (2021-2023) was 83.37%, and for the last 5 years (2019-2023) was 93.92%.
What are White Mountains Insurance Group’s revenue streams?
White Mountains Insurance Group's revenue streams in c 22 are Other Entity, Kudu Investment Management, LLC, HG Global-BAM, and Ark Insurance Holdings Limited. Other Entity generated $76.3M in revenue, accounting 6.00% of the company's total revenue, down -85.43% year-over-year. Kudu Investment Management, LLC generated $118.5M in revenue, accounting 9.32% of the company's total revenue, up 458.96% year-over-year. HG Global-BAM generated $33.3M in revenue, accounting 2.62% of the company's total revenue, up 23.79% year-over-year. Ark Insurance Holdings Limited generated $1.04B in revenue, accounting 82.06% of the company's total revenue, up 63.72% year-over-year.
What is White Mountains Insurance Group’s main source of revenue?
For the fiscal year ending Dec 22, the largest source of revenue of White Mountains Insurance Group was Ark Insurance Holdings Limited. This segment made a revenue of $1.04B, representing 82.06% of the company's total revenue.