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Toggle Summary Rob Lusardi Joins White Mountains' Management Team
HAMILTON, Bermuda, Feb 10, 2005 /PRNewswire-FirstCall via COMTEX/ -- White Mountains Insurance Group, Ltd. (NYSE: WTM) announced today that Robert Lusardi is joining White Mountains' senior management team as Executive Vice President and Managing Director.
Toggle Summary White Mountains' Book Value Per Share at $343
An Increase of 18% for the Year HAMILTON, Bermuda, Feb 02, 2005 /PRNewswire-FirstCall via COMTEX/ -- White Mountains Insurance Group, Ltd. (NYSE: WTM) ended 2004 with a fully converted tangible book value per share of $343, an increase of 18% for the full year and 7% for the fourth quarter.
Toggle Summary Sirius Completes Acquisition of Tryg-Baltica International
Stockholm, Sweden, November 11, 2004 Stockholm-based Sirius International Insurance Corporation (Sirius) - a White Mountains Re company and a wholly owned subsidiary of White Mountains Insurance Group, Ltd., announced today that it has completed its previously announced acquisition of Tryg-Baltica
Toggle Summary White Mountains Book Value Per Share Increases to $320
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
Toggle Summary White Mountains Reports Results of Shareholder Vote
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,
Toggle Summary White Mountains Comments on Impact of Hurricane Ivan
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.
Toggle Summary White Mountains Comments on Impact of Hurricane Frances
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.
Toggle Summary Edith Holiday Elected to White Mountains' Board
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
Toggle Summary White Mountains Comments on Impact of Hurricane Charley
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
Toggle Summary Investor Group Led by White Mountains and Berkshire Hathaway Completes Acquisition of Safeco Life And Investments
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
Toggle Summary White Mountains Book Value Per Share Increases to $313
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.
Toggle Summary Berkshire Hathaway Completes Exercise of Warrants to Acquire White Mountains Common Shares
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.
Toggle Summary Berkshire Hathaway to Exercise Warrants to Acquire White Mountains Common Shares
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
Toggle Summary Bruce Berkowitz Elected to White Mountains' Board
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
Toggle Summary White Mountains Book Value Per Share Rises to $309
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
Toggle Summary White Mountains to Hold 2004 Annual Investor Information Meeting on May 27
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
Toggle Summary White Mountains Forms White Mountains Re to Manage Global Reinsurance Operations
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
Toggle Summary White Mountains Completes Acquisition of Sirius Insurance Group
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
Toggle Summary OneBeacon Purchases Atlantic Mutual's Commercial Insurance Business
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.
Toggle Summary Folksamerica Completes Acquisition of Sierra Insurance Group from Sierra Health Services, Inc.
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