HAMILTON, Bermuda, March 12 /PRNewswire-FirstCall/ -- White Mountains Insurance Group, Ltd. (NYSE: WTM) announced today that it and funds managed by Prospector Partners, LLC have sold approximately 4,785,540 common shares of Montpelier Re Holdings Ltd.
HAMILTON, Bermuda, Mar 15, 2004 /PRNewswire-FirstCall via COMTEX/ -- White Mountains Insurance Group, Ltd. (NYSE: WTM) announced today that it and Berkshire Hathaway Inc. are leading an investor group that will acquire the life and investments business of Safeco Corporation for $1.35 billion,
HAMILTON, Bermuda, March 31 /PRNewswire-FirstCall/ -- White Mountains Insurance Group, Ltd. (NYSE: WTM) announced today that Tom Kemp has retired as a Director of the Company effective March 31, 2004. Chairman George Gillespie said, "Tom Kemp, our friend and long-time associate, has been a steady
NEW YORK, March 31 /PRNewswire-FirstCall/ -- Folksamerica Holding Company, Inc. announced today that it has completed its previously announced acquisition of the Sierra Insurance Group companies, California Indemnity Insurance Company and its three subsidiaries, from Nevada-based Sierra Health
BOSTON, March 31 /PRNewswire-FirstCall/ -- OneBeacon Insurance Company, a wholly owned subsidiary of White Mountains Insurance Group, Ltd. (NYSE: WTM), today announced it has completed the transaction and acquired ownership of Atlantic Specialty Insurance Company, a subsidiary of Atlantic Mutual.
HAMILTON, Bermuda, Apr 16, 2004 /PRNewswire-FirstCall via COMTEX/ -- White Mountains Insurance Group, Ltd. (NYSE: WTM) announced today that it has completed its previously announced acquisition of the Sirius Insurance Group and its subsidiaries, Sirius International Insurance Corporation, Sirius
Steven Fass Appointed President and CEO HAMILTON, Bermuda, Apr 19, 2004 /PRNewswire-FirstCall via COMTEX/ -- White Mountains Insurance Group, Ltd. (NYSE: WTM) announced today the formation of White Mountains Re Group, Ltd., a Bermuda-based holding company, and the appointment of Steven Fass as its
HAMILTON, Bermuda, April 21 /PRNewswire-FirstCall/ -- White Mountains Insurance Group, Ltd. (NYSE: WTM) announced today that it will hold its annual Investor Information Meeting on May 27, 2004: Date: Thursday, May 27, 2004 Time: 10:00 a.m. (Eastern Time) Location: The Waldorf-Astoria Hotel Empire
HAMILTON, Bermuda, April 30 /PRNewswire-FirstCall/-- White Mountains Insurance Group, Ltd. ended the first quarter of 2004 with a fully converted tangible book value per share of $309, up 6% from year end and 16% from the first quarter of 2003. Net income available to common shareholders was $96
HAMILTON, Bermuda, May 21 /PRNewswire-FirstCall/ -- The Board of Directors of White Mountains Insurance Group, Ltd. (NYSE: WTM) today elected Bruce Berkowitz to the Board of Directors. Bruce Berkowitz is the Founder and Managing Member of Fairholme Capital Management, L.L.C., a registered
HAMILTON, Bermuda, May 26 /PRNewswire-FirstCall/-- White Mountains today announced that Berkshire Hathaway Inc. (NYSE: BRKa) has agreed to exercise all of its warrants to purchase common shares of White Mountains. Upon exercise, the Company will receive approximately $294 million in cash and
HAMILTON, Bermuda, June 30 /PRNewswire-FirstCall/ -- White Mountains Insurance Group, Ltd. (NYSE: WTM) announced that Berkshire Hathaway Inc. (NYSE: BRKa) has completed its previously announced exercise of all of its warrants to purchase common shares of White Mountains.
HAMILTON, Bermuda, July 28 /PRNewswire-FirstCall/-- White Mountains Insurance Group, Ltd. ended the second quarter of 2004 with a fully converted tangible book value per share of $313, up 12% from June 30, 2003 and 8% since December 31, 2003, including dividends.
HAMILTON, Bermuda, Aug 2, 2004 /PRNewswire-FirstCall via COMTEX/ -- White Mountains Insurance Group, Ltd. (NYSE: WTM) announced today that the investor group led by White Mountains and Berkshire Hathaway Inc. has completed its previously announced acquisition of the life and investments business of
HAMILTON, Bermuda, Aug. 23 /PRNewswire-FirstCall/ -- White Mountains Insurance Group, Ltd. (NYSE: WTM) announced today that its preliminary estimates indicate that its total pre-tax net losses resulting from the impact of Hurricane Charley on its insurance and reinsurance operations will be less
HAMILTON, Bermuda, Aug. 26 /PRNewswire-FirstCall/ -- The Board of Directors of White Mountains Insurance Group, Ltd. (NYSE: WTM) today elected Edith Holiday as a Director of the Company. Ms. Holiday was formerly Assistant to the President of the United States and Secretary of the Cabinet, where she
HAMILTON, Bermuda, Sept. 14 /PRNewswire-FirstCall/ -- White Mountains Insurance Group, Ltd.'s (NYSE: WTM) preliminary estimates indicate that its total pre-tax net losses resulting from the impact of Hurricane Frances on its insurance and reinsurance operations will be less than $40 million.
HAMILTON, Bermuda, Sept. 28 /PRNewswire-FirstCall/ -- White Mountains Insurance Group, Ltd.'s (NYSE: WTM) preliminary estimates indicate that its total pre-tax net losses resulting from the impact of Hurricane Ivan on its insurance and reinsurance operations will be less than $35 million.
HAMILTON, Bermuda, Oct. 22 /PRNewswire-FirstCall/ -- White Mountains Insurance Group, Ltd.'s (NYSE: WTM) Annual General Meeting of Members was held on October 21, 2004. Members, by a majority vote of at least 96% of the shares voting on each proposal, voted to: elect Edith Holiday, Bruce Berkowitz,
Strong Investment Results Offset Impact of Storms and Reserve Increase HAMILTON, Bermuda, Oct. 29 /PRNewswire-FirstCall/ -- White Mountains Insurance Group, Ltd. ended the third quarter of 2004 with a fully converted tangible book value per share of $320, up 10% for the year-to-date and 14% for the