HAMILTON, Bermuda , Feb. 4, 2019 /PRNewswire/ -- White Mountains Insurance Group, Ltd. (NYSE: WTM) announced today that MediaAlpha has signed a definitive agreement to sell a significant minority stake to Insignia Capital Group in connection with a recapitalization transaction. The transaction
HAMILTON, Bermuda , Jan. 7, 2019 /PRNewswire/ -- White Mountains Insurance Group, Ltd. (NYSE: WTM) ("White Mountains") announced today that it has acquired a minority equity stake in Noblr, Inc. ("Noblr"). Noblr is a new property and casualty insurance provider, with its first product offering
New York and London, December 20, 2018 – Kudu Investment Management, LLC (“Kudu”), a provider of capital solutions to the asset management and wealth management industries, today announced that it has agreed to take a passive minority stake in leading London-based alternative credit manager Fair
CONSHOHOCKEN, PA, (December 3, 2018) – NSM Insurance Group has acquired the assets of KBK Insurance Group. Based in Harahan, LA, KBK is a highly specialized program manager in the towing and transportation space with over 25 years of experience. Geof McKernan, CEO of NSM Insurance Group, said, “We
HAMILTON, Bermuda , Nov. 5, 2018 /PRNewswire/ -- White Mountains Insurance Group, Ltd. (NYSE: WTM) reported book value per share of $938 and adjusted book value per share of $926 as of September 30 , 2018. Book value per share and adjusted book value per share both increased 2% in the third
B|O|S Principals repurchase a majority interest with help from Kudu Investment Management SAN FRANCISCO , Oct. 17, 2018 /PRNewswire/ -- Bingham, Osborn & Scarborough, LLC (B|O|S), a leading Bay Area wealth advisory firm, announced today that it is buying back a majority ownership stake in the
HAMILTON, Bermuda , Aug. 24, 2018 /PRNewswire/ -- The Board of Directors of White Mountains Insurance Group, Ltd. (NYSE: WTM) has elected David Tanner as a director of the Company. Mr. Tanner is the Managing Director of Three Mile Capital , a private investment company founded in 2017. Previously,
HAMILTON, Bermuda , Aug. 7, 2018 /PRNewswire/ -- White Mountains Insurance Group, Ltd. (NYSE: WTM) reported book value per share of $924 and adjusted book value per share of $912 as of June 30 , 2018. Book value per share and adjusted book value per share both increased 1% in the second quarter of
HAMILTON, Bermuda , May 25, 2018 /PRNewswire/ -- White Mountains Insurance Group, Ltd. (NYSE: WTM) will hold its annual Investor Information Meeting on: Date: Friday, 8 June, 2018 Time: 10:00 a.m. (Eastern Time) Location: Julliard Ballroom Omni Berkshire Place Hotel 21 E.
CONSHOHOCKEN, Pa., May 21, 2018 /PRNewswire/ -- NSM Insurance Group announced today that their UK arm, Vantage Holdings, has acquired Fresh Insurance Services Group Limited. Fresh Insurance is an insurance broker based in Redditch, West Midlands that specializes in non-standard personal lines
HAMILTON, Bermuda , May 11, 2018 /PRNewswire/ -- White Mountains Insurance Group, Ltd. (NYSE: WTM) announced today the final results of its "modified Dutch auction" tender offer. The tender offer expired at 12:00 midnight, New York City time, at the end of the day on May 7, 2018 .
HAMILTON, Bermuda , May 8, 2018 /PRNewswire/ -- White Mountains Insurance Group, Ltd. (NYSE: WTM) announced today the preliminary results of its "modified Dutch auction" tender offer to purchase up to 500,000 shares. The tender offer expired at 12:00 midnight, New York City time, at the end of the
HAMILTON, Bermuda , May 2, 2018 /PRNewswire/ -- White Mountains Insurance Group, Ltd. (NYSE: WTM) reported book value per share of $916 and adjusted book value per share of $903 as of March 31 , 2018. Book value per share and adjusted book value per share decreased 2% and 1% for the quarter,
NEW YORK--(BUSINESS WIRE)--Build America Mutual, the only mutual insurer of U.S. municipal bonds, today announced it will be adding to its strong internal capital growth and expanding its claims-paying resources by $100 million through a collateralized reinsurance agreement with Fidus Re Ltd., a
HAMILTON, Bermuda , April 10, 2018 /PRNewswire/ -- White Mountains Insurance Group, Ltd. (NYSE: WTM) announced today that it intends to commence a "modified Dutch auction" self-tender offer to purchase 500,000 of its common shares, or such lesser number of its common shares as are properly
HAMILTON, Bermuda , April 2, 2018 /PRNewswire/ -- White Mountains Insurance Group, Ltd. (NYSE: WTM) ("White Mountains") announced today that it has entered into an agreement to acquire a majority equity stake in NSM Insurance Group ("NSM"), a leading specialty insurance program administrator. The
HAMILTON, Bermuda , March 2, 2018 /PRNewswire/ -- The Board of Directors of White Mountains Insurance Group, Ltd. (NYSE: WTM) has elected Philip Gelston as a director of the Company. Mr. Gelston was a Partner with Cravath, Swaine & Moore LLP until his retirement from Cravath's Corporate Department
HAMILTON, Bermuda , March 2, 2018 /PRNewswire/ -- At its regular meeting held on March 1, 2018 , the Board of Directors of White Mountains Insurance Group, Ltd. declared a $1.00 per share annual dividend, payable in cash on March 28, 2018 , to holders of record of Common Shares as of the close of
HAMILTON, Bermuda , Feb. 7, 2018 /PRNewswire/ -- White Mountains Insurance Group, Ltd. (NYSE: WTM) reported book value per share of $931 and adjusted book value per share of $915 as of December 31 , 2017. Book value per share increased 1% and 19% for the fourth quarter and year ended December 31,
New Capital to Support the Acquisition of Further Minority Stakes in Asset Management Firms NEW YORK , Feb. 5, 2018 /PRNewswire/ -- Kudu Investment Management, LLC ("Kudu"), a leading capital provider to asset management and wealth management firms, announced today that it has closed a $250 million