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SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
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SCHEDULE 13G
UNDER THE SECURITIES EXCHANGE ACT OF 1934
(AMENDMENT NO. 9)
WHITE MOUNTAINS INSURANCE GROUP, LTD.
(NAME OF ISSUER)
Common Shares
(TITLE OF CLASS OF SECURITIES)
G9618E 10 7
(CUSIP NUMBER)
Check the following box if a fee is being paid with this statement |_|.
(A fee is not required only if the filing person: (1) has a previous statement
on file reporting beneficial ownership of more than five percent of the class of
securities described in Item 1; and (2) has filed no amendment subsequent
thereto reporting beneficial ownership of less than five percent of such class.)
(See Rule 13d-7.)
* The remainder of this cover page shall be filled out for a reporting
person's initial filing on this form with respect to the subject class of
securities, and for any subsequent amendment containing information which would
alter the disclosures provided in a prior cover page.
The information required in the remainder of this cover page shall not
be deemed to the "filed" for the purpose of Section 18 of the securities
Exchange Act of 1934 ("Act") or otherwise subject to the liabilities of that
section of the Act but shall be subject to all other provisions of the Act
(however, see the Notes).
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Page 1 of 6 pages
CUSIP NO. G9618E 10 7
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1. Names of Reporting Persons
I.R.S. Identification Nos. of above persons (entities only)
JOHN J. BYRNE
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2. Check the Appropriate Box if a Member of a Group (See Instructions)
(a) / /
(b) / /
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3. SEC Use Only
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4. Citizenship or Place of Organization
United States
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Number of Shares 5. Sole Voting Power
Beneficially Owned by
Each Reporting Person 1,168,833**
With: ----------------------------------------------------
6. Shared Voting Power
63,133**
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7. Sole Dispositive Power
1,168,833**
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8. Shared Dispositive Power
63,133**
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9. Aggregate Amount Beneficially Owned by Each Reporting Person
1,231,966**
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10. Check if the Aggregate Amount in Row (9) Excludes Certain Shares (See
Instructions) / /
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11. Percent of Class Represented by Amount in Row (9)
14.8%**
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12. Type of Reporting Person (See Instructions)
IN
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** For additional information, see Schedule A hereto.
Page 2 of 6 pages
ITEM 1.
(a) Name of Issuer
White Mountains Insurance Group, Ltd.
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(b) Address of Issuer's Principal Executive Offices
80 South Main Street
Hanover, New Hampshire 03755
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ITEM 2.
(a) Name of Person Filing
John J. Byrne
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(b) Address of Principal Business Office or, if none, Residence
80 South Main Street
Hanover, New Hampshire 03755
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(c) Citizenship
United States
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(d) Title of Class of Securities
Common Shares
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(e) CUSIP Number
G9618E 10 7
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ITEM 3. IF THIS STATEMENT IS FILED PURSUANT TO SECTIONS 240.13d-1(b) or
240.13d-2(b) or (c), CHECK WHETHER THE PERSON FILING IS A:
Not applicable.
Page 3 of 6 pages
ITEM 4. OWNERSHIP
Provide the following information regarding the aggregate number and
percentage of the class of securities of the issuer identified in Item 1.
(a) Amount beneficially owned:
See Schedule A hereto.
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(b) Percent of Class:
See Schedule A hereto.
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(c) Number of shares as to which the person has:
(i) Sole power to vote or to direct the vote
See Schedule A hereto.
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(ii) Shared power to vote or to direct the vote
See Schedule A hereto.
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(iii) Sole power to dispose or to direct the disposition of
See Schedule A hereto.
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(iv) Shared power to dispose or to direct the disposition of
See Schedule A hereto.
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ITEM 5. OWNERSHIP OF FIVE PERCENT OR LESS OF A CLASS
Not applicable.
ITEM 6. OWNERSHIP OF MORE THAN FIVE PERCENT ON BEHALF OF ANOTHER PERSON
Not applicable.
ITEM 7. IDENTIFICATION AND CLASSIFICATION OF THE SUBSIDIARY WHICH ACQUIRED
THE SECURITY BEING REPORTED ON BY THE PARENT HOLDING COMPANY OR
CONTROL PERSON.
Not applicable.
ITEM 8. IDENTIFICATION AND CLASSIFICATION OF MEMBERS OF THE GROUP
Not applicable.
ITEM 9. NOTICE OF DISSOLUTION OF GROUP
Not applicable.
ITEM 10. CERTIFICATION
Not applicable.
Page 4 of 6 pages
SIGNATURE
After reasonable inquiry and to the best of my knowledge and belief, I
certify that the information set forth in this Statement is true, complete
and correct.
Date: February 5, 2003
By: /s/ John J. Byrne
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Name: John J. Byrne
Page 5 of 6 pages
SCHEDULE A
BENEFICIAL OWNERSHIP OF COMMON SHARES
The 14.8% of the common shares of White Mountains Insurance Group,
Ltd. (the "Company") shown in the foregoing Schedule 13G as beneficially
owned by John J. Byrne ("Mr. Byrne") was calculated using 8,351,387 common
shares of the Company outstanding on December 31, 2002 as shown in the
official records of the Company.
The 1,231,966 common shares of the Company shown in the foregoing
Schedule 13G as beneficially owned by Mr. Byrne represent (a) 1,168,833
shares held directly by Mr. Byrne, which includes 25,000 restricted shares
which have been issued to Mr. Byrne but are not yet earned; (b) 53,363 shares
held by a trust and a foundation as to which Mr. Byrne and/or Mrs. Byrne have
voting and dispositive power; and (c) 9,770 shares held by Memorial
Sloan-Kettering Cancer Center ("MSK") pursuant to a letter agreement between
MSK and Mr. and Mrs. Byrne dated December 30, 1992, as to which Mrs. Byrne
shares voting and dispositive power.
* Mr. Byrne disclaims beneficial ownership of the shares listed in (b)
and (c) above.,
Page 6 of 6 pages