secwatch.observer — SEC 8-K summary
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Issuer:     WHITE MOUNTAINS INSURANCE GROUP LTD (WTM)
CIK:        0000776867
Form:       8-K
Filed at:   2023-02-07T23:59:59+00:00
Accession:  0000776867-23-000001
Event type: earnings
Sentiment:  positive
Materiality: 0.80
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

White Mountains Q4 ABVPS up 2% to $1,495; full-year ABVPS +26%
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- 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.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/776867/000077686723000001/0000776867-23-000001-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/776867/000077686723000001/wtm-20230207.htm
  HTML page:      https://secwatch.observer/filing/0000776867-23-000001

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