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Toggle Summary White Mountains Announces the Retirement of Tom Kemp as Director
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
Toggle Summary White Mountains, Berkshire Hathaway and Other Investors to Acquire Safeco Life and Investments
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,
Toggle Summary White Mountains Announces Block Trade of Common Shares of Montpelier Re Holdings, Ltd.
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.
Toggle Summary White Mountains Withdraws Proposed Secondary Offering of Montpelier Re Shares
HAMILTON, Bermuda, March 11 /PRNewswire-FirstCall/ -- White Mountains Insurance Group, Ltd. (NYSE: WTM) announced today that it and funds managed by Prospector Partners, LLC have decided to withdraw their proposed secondary offering of approximately 4,785,540 common shares of Montpelier Re Holdings
Toggle Summary White Mountains Announces The Retirement Of Mark Byrne As Director
HAMILTON, Bermuda, Feb 26, 2004 /PRNewswire-FirstCall via COMTEX/ -- White Mountains Insurance Group, Ltd. (NYSE: WTM) announced today that its Board of Directors accepted the retirement of Mark Byrne from the Board effective February 26, 2004. Chairman George Gillespie said, "Mark Byrne, a
Toggle Summary White Mountains Declares 2004 Dividend
HAMILTON, Bermuda, Feb. 26 /PRNewswire-FirstCall/ -- At its regular meeting held on February 26, 2004, the Board of Directors of White Mountains Insurance Group, Ltd. declared a $1.00 per share annual dividend, payable in cash on March 24, 2004, to holders of record of Common Shares as of the close
Toggle Summary White Mountains Reports 13% Growth In Book Value For 2003
Fourth Quarter 2003 Acquisitions to Add Significant Value in 2004 HAMILTON, Bermuda, Feb. 3 /PRNewswire-FirstCall/-- White Mountains Insurance Group, Ltd. ended 2003 with a fully converted tangible book value per share of $291, an increase of 13% (including dividends) from $259 at the end of 2002.
Toggle Summary White Mountains to Acquire Sirius Insurance Group
HAMILTON, Bermuda, Dec. 9 /PRNewswire-FirstCall/ -- White Mountains Insurance Group, Ltd. (NYSE: WTM) announced today that it has entered into a definitive agreement with ABB Ltd. to acquire the Sirius Insurance Group, an insurance and reinsurance organization based in Sweden, at a purchase price
Toggle Summary OneBeacon to Purchase Atlantic Mutual's Commercial Insurance Business
BOSTON, Dec. 5 /PRNewswire/ -- OneBeacon Insurance Company, a wholly owned subsidiary of White Mountains Insurance Group, Ltd. (NYSE: WTM), announced it has signed an agreement in principle to acquire the Atlantic Specialty Insurance Company, a subsidiary of Atlantic Mutual, and the renewal rights
Toggle Summary Folksamerica Acquires Sierra Insurance Group from Sierra Health Services, Inc.
NEW YORK, Nov. 25 /PRNewswire-FirstCall/ -- Folksamerica Holding Company, Inc. announced today that it has entered into a definitive agreement to acquire the Sierra Insurance Group companies -- California Indemnity Insurance Company and its three subsidiaries -- from Nevada-based Sierra Health
Toggle Summary Lon Smith and Allan Waters Elected Directors
George Gillespie Elected Non-Executive Chairman Jack Byrne Elected Chairman of the Executive Committee HAMILTON, Bermuda, Nov. 20 /PRNewswire-FirstCall/ -- The Board of Directors of White Mountains Insurance Group, Ltd. (NYSE: WTM) today announced the election of Lowndes (Lon) Smith and Allan
Toggle Summary White Mountains Book Value Per Share up Slightly to $282
Excellent Underwriting Performance Continues HAMILTON, Bermuda, Oct 30, 2003 /PRNewswire via COMTEX/ -- White Mountains Insurance Group, Ltd. (NYSE: WTM) ended the third quarter of 2003 with a fully converted tangible book value per share of $282, up slightly from the second quarter of 2003 and up
Toggle Summary BSX Approves Secondary Listing of Common Shares of White Mountains Insurance Group, Ltd.
HAMILTON, Bermuda, Oct 8, 2003 /PRNewswire-FirstCall via COMTEX/ -- The Listing Committee of the Bermuda Stock Exchange (BSX) today announced the approval of the listing of up to 12,246,680 Common Shares of White Mountains Insurance Group, Ltd. White Mountains was originally formed as a Delaware
Toggle Summary Folksamerica Acquires Renewal Rights from CNA Re
NEW YORK - October 3, 2003 - Folksamerica Reinsurance Company announced today that it has acquired renewal rights to the property and casualty treaty reinsurance business of CNA Reinsurance, a division of CNA Financial Corporation (NYSE: CNA). Under the terms of the transaction, Folksamerica will
Toggle Summary Cavoores Elected CEO of Onebeacon
BOSTON (September 11, 2003) – OneBeacon Insurance Group LLC, a wholly owned subsidiary of White Mountains Insurance Group, Ltd. (NYSE: WTM), has announced that John Cavoores has been elected CEO of OneBeacon effective immediately. Cavoores will continue as President of OneBeacon.
Toggle Summary White Mountains Continues Strong Growth In Book Value
Click here to view this release in printable (PDF) format Book value per share up to $281; an annualized growth rate of 18% HAMILTON, Bermuda, July 31 /PRNewswire-FirstCall/-- White Mountains Insurance Group, Ltd. (NYSE: WTM) ended the second quarter of 2003 with a fully converted tangible book
Toggle Summary White Mountains Files $2 Billion Shelf Registration Statement
HAMILTON, Bermuda, June 27 /PRNewswire-FirstCall/ -- White Mountains Insurance Group, Ltd. ("White Mountains") (NYSE: WTM) today announced that it has filed an unallocated universal shelf registration statement with the Securities and Exchange Commission.
Toggle Summary White Mountains Reports Results of Shareholder Vote
HAMILTON, Bermuda, May 20 /PRNewswire-FirstCall/ -- White Mountains Insurance Group, Ltd.'s (NYSE: WTM) Annual General Meeting of Members was held on May 19, 2003. Members, by a majority vote of at least 98% of the shares voting on each proposal, voted to: re-elect Ray Barrette, Howard Clark,
Toggle Summary White Mountains Prices $700 Million Senior Notes Offering
HAMILTON, Bermuda, May 14 /PRNewswire/ -- White Mountains Insurance Group, Ltd ("White Mountains") (NYSE: WTM) today announced the pricing of a registered offering by its wholly owned subsidiary, Fund American Companies, Inc., of $700,000,000 principal amount of 5.875% Senior Notes due 2013.
Toggle Summary White Mountains Announces Offering of Senior Notes
HAMILTON, Bermuda, May 12 /PRNewswire-FirstCall/ -- White Mountains Insurance Group, Ltd ("White Mountains") (NYSE: WTM) today announced the commencement of a public offering by its wholly owned subsidiary, Fund American Companies, Inc., of Senior Notes.