earnings
confidence high
sentiment positive
materiality 0.80
White Mountains Q4 ABVPS up 2% to $1,495; full-year ABVPS +26%
WHITE MOUNTAINS INSURANCE GROUP LTD
2022-FY EPS reported
$276.96
revenue$1,157,900,000
- Comprehensive income $40M in Q4, $788M for full year 2022, driven by NSM sale gain of $876M.
- Ark GAAP combined ratio 59% in Q4, 82% full year; gross written premiums up 37% YoY to $1.45B.
- BAM gross written premiums & MSC $38M in Q4, $147M for full year; claims-paying resources $1.42B.
- Kudu adjusted EBITDA $9M in Q4, $42M full year (+27% YoY); deployed $713M across 20 firms.
- Launched Outrigger Re with $205M capital; repurchased 4,076 shares for $5M in Q4.