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
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
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
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
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.
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
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
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,
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.
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
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
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
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.
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
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
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
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
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
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
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