White Mountains Insurance Reports Q1 2026 Results
White Mountains Insurance Group reported a 1% decline in book value per share to $2,170 as of March 31, 2026, driven by a mark-to-market decline in its investment in MediaAlpha. The company noted strong operating results from its subsidiaries, including Ark and Kudu, but was impacted by a $65 million unrealized loss from MediaAlpha. Comprehensive income for Q1 2026 was a loss of $27 million, down from $35 million in the same period in 2025.
Tickers: $WTM
Topics: book_value capital deployment combined ratio investment performance operating results