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.
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
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.
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,
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.
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.
HAMILTON, Bermuda, April 29 /PRNewswire-FirstCall/-- White Mountains Insurance Group, Ltd. (NYSE: WTM) ended the first quarter of 2003 with a fully converted tangible book value per share of $267, an annualized increase of 15% (including dividends) from $259 at year-end.
HAMILTON, Bermuda, Apr 22, 2003 /PRNewswire-FirstCall via COMTEX/ -- White Mountains Insurance Group, Ltd. (NYSE: WTM) announced today plans for its 2003 annual Investor Information Meeting: Date: Thursday, May 22, 2003 Time: 10:00 a.m. (Eastern Time) Location: Waldorf Astoria Hotel John Jacob
HAMILTON, Bermuda, Feb 27, 2003 /PRNewswire-FirstCall via COMTEX/ -- White Mountains Insurance Group, Ltd. (NYSE: WTM) announced today that David Foy, 36, is joining the Company as Executive Vice President and Chief Financial Officer. Foy spent ten years with Hartford Life, where he was most
HAMILTON, Bermuda, Feb 27, 2003 /PRNewswire via COMTEX/ -- At its regular meeting held on February 27, 2003, the Board of Directors of White Mountains Insurance Group, Ltd. declared a $1.00 per share annual dividend, payable in cash on March 26, 2003, to holders of Common Stock of record as of the
HAMILTON, Bermuda, Feb 24, 2003 /PRNewswire-FirstCall via COMTEX/ -- White Mountains Insurance Group, Ltd. (NYSE: WTM) announced today that its Board of Directors accepted the retirement of Patrick Byrne from the Board effective February 24, 2003. Chairman Jack Byrne said, "My son Patrick, a
HAMILTON, Bermuda, Feb 18, 2003 /PRNewswire-FirstCall via COMTEX/ -- White Mountains Insurance Group, Ltd. (NYSE: WTM) ended 2002 with a fully converted tangible book value per share of $259, a 15% increase for the year. The Company's comprehensive net income for 2002 was $290 million (excluding
HAMILTON, Bermuda, Jan. 8 /PRNewswire-FirstCall/-- White Mountains Insurance Group, Ltd. (NYSE: WTM) announced today that, effective January 1, 2003, its principal executive office was relocated to: 80 South Main Street Hanover, NH 03755 Tel: 603-640-2200 Fax: 603-643-4592 A satellite office will
HAMILTON, Bermuda, Nov. 21 /PRNewswire-FirstCall/-- White Mountains Insurance Group, Ltd. (NYSE: WTM) announced today that Ray Barrette has been named President and Chief Executive Officer of White Mountains effective January 1, 2003. Barrette joined the Company as CFO in 1997 and was promoted to
HAMILTON, Bermuda, Nov 1, 2002 /PRNewswire-FirstCall via COMTEX/ -- White Mountains Insurance Group, Ltd. (NYSE: WTM) ended the third quarter of 2002 with a fully converted tangible book value per share of $249, which is a $24 increase since the beginning of the year.
HAMILTON, Bermuda, Oct 24, 2002 /PRNewswire-FirstCall via COMTEX/ -- White Mountains Insurance Group, Ltd. (NYSE: WTM) announced today that it has closed its previously announced private placement of $225 million of equity securities based on a common share price of $295 per share.
HAMILTON, Bermuda, Oct 18, 2002 /PRNewswire-FirstCall via COMTEX/ -- White Mountains Insurance Group, Ltd. (NYSE: WTM) announced today that it has reached an agreement in principle to place $225 million of equity securities based on a common share price of $295 per share.
Skylands Insurance Group offers New Jersey citizens a new choice BOSTON (August 6, 2002) – OneBeacon Insurance, a wholly owned subsidiary of White Mountains Insurance Group, Ltd. (NYSE: WTM), today announced the formation of New Jersey Skylands Insurance Group as part of a restructuring of its New
Hamilton, Bermuda (July 30, 2002) – White Mountains Insurance Group, Ltd. ("White Mountains") today announced the date of its rescheduled 2002 Annual Investor Meeting. The meeting will be held on: Date: August 14, 2002 Time: 10:00 a.m. (Eastern Time) Location: Waldorf Astoria Hotel Empire Room 301
HAMILTON, Bermuda, July 30, 2002 - White Mountains Insurance Group, Ltd. ended the second quarter of 2002 with a fully converted tangible book value per share of $236, a $14 increase from March 31, 2002, and a $10 increase from December 31, 2001. The increase resulted from investment gains and
