Loading...
•
Sep 30, 2024
White Mountains Q3 2024 Earnings Report
Reported an increase in book value per share and adjusted book value per share, driven by solid operating company results and good investment returns.
Key Takeaways
White Mountains reported a strong third quarter, with adjusted book value per share up 6% and 11% year-to-date. Ark produced a 79% combined ratio, and Bamboo doubled managed premiums. MediaAlpha's share price increased, producing an unrealized gain.
Adjusted book value per share increased by 6% in Q3 2024 and 11% year-to-date.
Ark achieved a 79% combined ratio with $374 million in gross written premiums, up 49% year-over-year.
HG Global generated $14 million in gross written premiums, driven by strong primary market volume at BAM.
Bamboo's managed premiums doubled, and MediaAlpha's share price increase produced an $88 million unrealized gain.
Revenue by Segment
Forward Guidance
White Mountains did not provide specific forward guidance in this earnings report.
Historical Earnings Impact
Analyze how earnings announcements historically affect stock price performance
Avg. Return Before/After Earnings
Loading earnings performance data...
Loading earnings reaction data...