secwatch.observer — SEC 8-K summary
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Issuer:     WHITE MOUNTAINS INSURANCE GROUP LTD (WTM)
CIK:        0000776867
Form:       8-K
Filed at:   2024-08-07T23:59:59+00:00
Accession:  0000776867-24-000014
Event type: earnings
Sentiment:  neutral
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

White Mountains Q2 ABVPS down 1% on MediaAlpha loss; operating units post solid growth
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- ABVPS down 1% to $1,777; comprehensive loss $55M vs $21M profit a year ago.
- MediaAlpha share price fell 35%, causing $139M net loss; ownership now 27%.
- Ark combined ratio 89%; gross written premiums up 15% to $697M.
- Bamboo managed premiums tripled to $120M; MGA adjusted EBITDA record $12M.
- Kudu trailing 12-month adjusted EBITDA $60M; undeployed capital ~$650M.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/776867/000077686724000014/0000776867-24-000014-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/776867/000077686724000014/wtm-20240806.htm
  HTML page:      https://secwatch.observer/filing/0000776867-24-000014

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer