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Jun 30, 2021
White Mountains Q2 2021 Earnings Report
Reported a strong second quarter, with adjusted book value per share up 4%, driven by solid results across operating companies and an increase in MediaAlpha’s share price.
Key Takeaways
White Mountains Insurance Group reported a strong second quarter with a 4% increase in adjusted book value per share. Results were driven by solid performance across operating companies and an increase in MediaAlpha's share price. The company had $300 million in undeployed capital and expects this to increase in the third quarter.
Adjusted book value per share increased by 4% due to strong results across operating companies and the increase in MediaAlpha’s share price.
BAM produced $30 million of total premiums and member surplus contributions.
Ark wrote $328 million of gross written premiums, up 78% year over year, and produced an 84% adjusted combined ratio.
NSM generated growth in both pro forma controlled premiums and pro forma adjusted EBITDA.
Revenue by Segment
Forward Guidance
White Mountains expects undeployed capital will increase in the third quarter upon completion of the subordinated debt raise at Ark.
Revenue & Expenses
Visualization of income flow from segment revenue to net income
Historical Earnings Impact
Analyze how earnings announcements historically affect stock price performance
Avg. Return Before/After Earnings
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