• White Mountains Insurance Group average pre-tax profit margin for 2023 was 17.07%, a 136.94% increase from 2022.
• White Mountains Insurance Group average pre-tax profit margin for 2022 was -46.21%, a 331.4% decline from 2021.
• White Mountains Insurance Group average pre-tax profit margin for 2021 was 19.97%, a 32.65% decline from 2020.

Pre-tax profit margin can be defined as earnings before taxes as a portion of total revenue.