WHITE MOUNTAINS REPORTS SECOND QUARTER RESULTS
White Mountains Insurance Group reported a 4% increase in book value per share to $2,258 for the second quarter, driven by strong operating results and a 35% jump in MediaAlpha's share price which generated $58 million in mark-to-market gains. The company repurchased $191 million of its own shares during the quarter at 93% of book value, while simultaneously deploying $132 million into two new acquisitions through its WTM Partners segment.
Key figures
- Eps
- 80.58
- Revenue
- 844600000
- Kudu roe
- 15%
- Ark combined ratio
- 84%
- Book value per share
- $2,258
- Comprehensive income
- 199000000
- Share repurchase value
- 191000000
AI analysis
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