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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 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 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 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 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 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 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 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 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 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