White Mountains Insurance Group Reports Significant Drop in Q1 Revenues and EPS; Net Income Declines
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White Mountains Insurance Group Ltd. reported a significant decline in Q1 revenues and EPS for the three months ended March 31, 2025. Total revenues fell to $577.8 million from $647.3 million in 2024, primarily due to a loss in investment gains from MediaAlpha. Comprehensive income dropped to $35.1 million, and EPS decreased to $13.19 from $92.33. Despite challenges in investment revenues, the P&C Insurance and Reinsurance segment saw revenue growth to $413.2 million, driven by higher premiums and investment gains.
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