White Mountains: Q1 Earnings Snapshot
By AP News
Published - May 09, 2023, 08:30 AM ET
Last Updated - Jun 21, 2023, 09:37 PM EDT
HANOVER, N.H. (AP) — HANOVER, N.H. (AP) — White Mountains Insurance Group Ltd. (WTM) on Tuesday reported profit of $179.5 million in its first quarter.
On a per-share basis, the Hanover, New Hampshire-based company said it had net income of $69.83. Earnings, adjusted for investment gains, came to $8.95 per share.
The insurer posted revenue of $531.9 million in the period. Its adjusted revenue was $333.8 million.
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