---
title: "White Mountains | 8-K: FY2025 Q1 Revenue: USD 577.8 M"
type: "News"
locale: "zh-CN"
url: "https://longbridge.com/zh-CN/news/239125568.md"
datetime: "2025-05-07T12:18:00.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/239125568.md)
  - [en](https://longbridge.com/en/news/239125568.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/239125568.md)
---

> 支持的语言: [English](https://longbridge.com/en/news/239125568.md) | [繁體中文](https://longbridge.com/zh-HK/news/239125568.md)


# White Mountains | 8-K: FY2025 Q1 Revenue: USD 577.8 M

Revenue: As of FY2025 Q1, the actual value is USD 577.8 M.

EPS: As of FY2025 Q1, the actual value is USD 13.19.

EBIT: As of FY2025 Q1, the actual value is USD 72.4 M.

### Ark/WM Outrigger Segment

-   **Gross Written Premiums**: $1,108 million in Q1 2025, up from $872 million in Q1 2024.
-   **Net Written Premiums**: $690 million in Q1 2025, up from $564 million in Q1 2024.
-   **Net Earned Premiums**: $346 million in Q1 2025, up from $293 million in Q1 2024.
-   **Combined Ratio**: 94% in Q1 2025, same as Q1 2024.
-   **Pre-tax Income**: $52 million in Q1 2025, up from $33 million in Q1 2024.

### WM Outrigger Re Segment

-   **Gross and Net Written Premiums**: $38 million in Q1 2025, up from $34 million in Q1 2024.
-   **Net Earned Premiums**: $12 million in Q1 2025, up from $10 million in Q1 2024.
-   **Combined Ratio**: 166% in Q1 2025, up from 32% in Q1 2024.
-   **Pre-tax Income (Loss)**: - $6 million in Q1 2025, compared to $10 million in Q1 2024.

### HG Global Segment

-   **Gross Written Premiums**: $7 million in Q1 2025, down from $9 million in Q1 2024.
-   **Earned Premiums**: $8 million in Q1 2025, up from $7 million in Q1 2024.
-   **Pre-tax Income**: $25 million in Q1 2025, up from $6 million in Q1 2024.

### Kudu Segment

-   **Total Revenues**: $64 million in Q1 2025, up from $11 million in Q1 2024.
-   **Pre-tax Income**: $53 million in Q1 2025, up from $2 million in Q1 2024.
-   **Adjusted EBITDA**: $16 million in Q1 2025, up from $14 million in Q1 2024.

### Bamboo Segment

-   **Commission and Fee Revenues**: $44 million in Q1 2025, up from $22 million in Q1 2024.
-   **Pre-tax Income**: $6 million in Q1 2025, up from $1 million in Q1 2024.
-   **MGA Adjusted EBITDA**: $20 million in Q1 2025, up from $6 million in Q1 2024.

### MediaAlpha Segment

-   **Investment Loss**: $37 million in Q1 2025, compared to $211 million gain in Q1 2024.

### Other Operations Segment

-   **Pre-tax Income (Loss)**: - $59 million in Q1 2025, compared to $202 million in Q1 2024.

### Outlook / Guidance

White Mountains anticipates continued capital deployment and expects to remain active in deploying capital throughout 2025. The company is well-positioned to drive continued profitable growth, despite challenges such as the California wildfires.

### 相关股票

- [White Mountains (WTM.US)](https://longbridge.com/zh-CN/quote/WTM.US.md)

## 相关资讯与研究

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- [White Mountains Insurance Group Insider Sold Shares Worth $10,250,000, According to a Recent SEC Filing](https://longbridge.com/zh-CN/news/270511519.md)