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Date Title
Toggle Summary OneBeacon Management Team Members Take on New Roles
BOSTON (December 19, 2001) – OneBeacon Insurance has announced new responsibilities for three senior managers and an addition to the management team. Larry Haefner, formerly Chief Actuary, is now Managing Director, Specialty Operations. Reporting to President and COO John Cavoores, Haefner is
Toggle Summary Montpelier Re Commences Operations
Hamilton, Bermuda, December 14, 2001 – White Mountains Insurance Group, Ltd. (NYSE symbol: WTM) and the Benfield Group plc are pleased to announce the formation and commencement of operations of Montpelier Re Holdings Ltd., and its wholly owned subsidiary Montpelier Reinsurance Ltd., a Bermuda
Toggle Summary White Mountains' Affiliate Acquires Folksam's International Reinsurance Operations
HAMILTON, Bermuda, December 11, 2001 - White Mountains Insurance Group, Ltd. announced today that it's newly formed subsidiary, FUND AMERICAN REINSURANCE COMPANY, LTD. (Hamilton, Bermuda), has entered into a definitive agreement (pending receipt of the necessary Bermuda reinsurance license) to
Toggle Summary White Mountains Names Mark Byrne to the Board of Directors
HAMILTON, Bermuda, December 4, 2001 – The board of directors of White Mountains Insurance Group, Ltd., announced the election of Mark J. Byrne to the board of directors. Mark Byrne manages West End Capital Management Limited, a Bermuda investment management firm engaged primarily in fixed income
Toggle Summary OneBeacon Elects Barrette Chairman; Cavoores Becomes President and COO
BOSTON, MA - December 3, 2001) - OneBeacon Insurance Group, a wholly owned subsidiary of White Mountains Insurance Group, Ltd. (NYSE: WTM), today announced that Ray Barrette has been elected Chairman and John Cavoores President and Chief Operating Officer.
Toggle Summary White Mountains to Form Bermuda Reinsurer
HAMILTON, Bermuda, November 2, 2001 – White Mountains Insurance Group Ltd. announced today it is seeking to establish a new Bermuda-based property and casualty reinsurer to respond to the current favorable underwriting and pricing environment in the reinsurance industry.
Toggle Summary Letter to Shareholders
Dear Fellow Shareholder, I recently saw many of you at our annual meeting where we tried to be detailed and informative. Developments of the last months make our communication with you seem stale. Let's catch up: The steps to implement our partnership with Liberty Mutual are proceeding smoothly.
Toggle Summary Liberty Mutual and OneBeacon Reach Definitive Agreement on Business Transfer
- Partnership Goes Live November 1st - (Boston, MA – October 31, 2001) - Liberty Mutual Group and OneBeacon, a wholly owned subsidiary of White Mountains Insurance Group, Ltd. (NYSE: WTM), have reached a definitive agreement regarding the previously announced partnership that transfers business and
Toggle Summary Folksamerica Boosts Capital
NEW YORK, NY, October 29, 2001-Folksamerica, a broker-market reinsurance company headquartered in New York City, announced that it will receive additional support from its parent company which will boost its capital to the $1 billion level. This doubles the size of the company and will greatly
Toggle Summary New LAD Servicing Carrier Joins New York Auto Insurance Fray
Company seeking insurance professionals experienced with state's no-fault system BOSTON – Undaunted by the unique challenges of the New York auto insurance market, a new Limited Assignment Distribution (LAD) servicing carrier, a division of OneBeacon Insurance Group, has stepped forward to handle