White Mountains Insurance Group

White Mountains Insurance Group Ltd. engages in the acquisition of businesses and assets in the insurance, financial services, and related sectors. It operates through the following segments: HG Global/BAM, NSM, Kudu, and Other Operations. The HG Global/BAM segment refers to White Mountains' investment in HG Global Limited, and the consolidated results of Build America Mutual Assurance Company (BAM). The NSM segment is a full-service managing general underwriting agency (MGU) and program administrator for specialty property and casualty insurance. The Kudu Segment provides capital solutions for boutique asset managers for a variety of purposes including generational ownership transfers, management buyouts, acquisition and growth finance and legacy partner liquidity. The Other Operations segment consists of the company, its wholly-owned subsidiary, WM Capital, its wholly-owned investment management subsidiary, WM Advisors, and its other intermediate holding companies, as well as certain consolidated and unconsolidated private capital and other investments. The company was founded in 1980 and is headquartered in Hanover, NH.

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White Mountains Insurance Group Ltd. engages in the acquisition of businesses and assets in the insurance, financial services, and related sectors. It operates through the following segments: HG Global/BAM, Ark/MW Outrigger, Kudu, and Other Operations. The HG Global/BAM segment refers to White Mountains' investment in HG Global Limited, and the consolidated results of Build America Mutual Assurance Company (BAM). The Ark/WM Outrigger segment consists of Ark Insurance Holdings Limited and its subsidiaries. The Kudu segment provides capital solutions for boutique asset and wealth managers for various purposes including generational ownership transfers, management buyouts, acquisition and growth finance, and legacy partner liquidity. The Other Operations segment focuses on its wholly-owned subsidiary, WM Capital, other intermediate holding companies, investment management subsidiary, White Mountains Advisors LLC, as well as certain consolidated and unconsolidated private capital and other investments. The company was founded in 1980 and is headquartered in Hanover, NH.

HAMILTON, Bermuda , April 10, 2024 /PRNewswire/ -- White Mountains Insurance Group, Ltd. (NYSE: WTM) announced today that Giles Harrison will become its Executive Vice President and Chief Strategy Officer on June 10, 2024.

GILES HARRISON TO JOIN WHITE MOUNTAINS AS EVP AND CHIEF STRATEGY OFFICER; LIAM CAFFREY NAMED PRESIDENT

White Mountains Insurance Group has seen strong performance in its shares, rising over 38% in the past year. The company's investment portfolio is a primary driver of its growth, with net investment income and realized/unrealized gains contributing to its solid financial results. White Mountains operates in diverse niches within the insurance sector, including municipal bond insurance, specialty P&C insurance, capital solutions, and now home insurance.

White Mountains Insurance: Sum Of The Parts Points To Potential Upside

HAMILTON, Bermuda , Feb. 23, 2024 /PRNewswire/ -- The Board of Directors of White Mountains Insurance Group, Ltd. (NYSE: WTM) has elected Reid T.

Reid T. Campbell Elected to the White Mountains Board

HAMILTON, Bermuda , Feb. 23, 2024 /PRNewswire/ -- At its regular meeting held on February 22, 2024, the Board of Directors of White Mountains Insurance Group, Ltd. (NYSE: WTM) declared a $1.00 per share annual dividend, payable in cash on March 20, 2024, to holders of record of Common Shares as of the close of business on March 11, 2024.

White Mountains Declares Annual Dividend

NEW YORK , Feb. 12, 2024 /PRNewswire/ -- White Mountains Partners announced today that Zachary ("Zack") Mattler has joined its founding team as a Principal. Prior to joining White Mountains Partners, Zack was a Vice President at J.F.

ZACHARY MATTLER JOINS WHITE MOUNTAINS PARTNERS AS PRINCIPAL

HAMILTON, Bermuda , Feb. 7, 2024 /PRNewswire/ -- White Mountains Insurance Group, Ltd. (NYSE: WTM) reported book value per share of $1,656 and adjusted book value per share of $1,704 as of December 31, 2023.

WHITE MOUNTAINS REPORTS FOURTH QUARTER RESULTS

HAMILTON, Bermuda , Dec. 21, 2023 /PRNewswire/ -- White Mountains Insurance Group, Ltd. (NYSE: WTM) ("White Mountains") announced today that Ark Insurance Holdings Limited ("Ark"), its specialty property and casualty reinsurance and insurance subsidiary, has renewed Outrigger Re Ltd.

White Mountains Renews Lead Commitment in Ark-Sponsored Reinsurance Sidecar

AUSTIN, Texas and NEW YORK , Dec. 13, 2023 /PRNewswire/ -- Sage Advisory Services, Ltd. (Sage), an investment manager with more than $23 billion in client assets under management and advisement, primarily in fixed income strategies, and Kudu Investment Management, LLC (Kudu), a provider of permanent capital solutions to independent asset and wealth managers, today announced that Kudu has made a minority investment in Sage.

Sage Advisory Services Adds Kudu Investment Management as Minority Partner

HAMILTON, Bermuda , Nov. 6, 2023 /PRNewswire/ -- White Mountains Insurance Group, Ltd. (NYSE: WTM) reported book value per share of $1,542 and adjusted book value per share of $1,588 as of September 30, 2023.

WHITE MOUNTAINS REPORTS THIRD QUARTER RESULTS

JOHN J. DALY JOINS AS  CEO AND MANAGING PARTNER HAMILTON, Bermuda , Oct. 25, 2023 /PRNewswire/ -- White Mountains Insurance Group, Ltd. (NYSE: WTM) today announced that it has launched White Mountains Partners ("WM Partners"), a new, wholly-owned business unit that will provide first institutional capital to family, founder, and entrepreneur-owned businesses in the essential services, light industrial, and specialty consumer sectors.

WHITE MOUNTAINS LAUNCHES WHITE MOUNTAINS PARTNERS

HAMILTON, Bermuda , Oct. 20, 2023 /PRNewswire/ -- White Mountains Insurance Group, Ltd. (NYSE: WTM) ("White Mountains") announced today that it has entered into an agreement to acquire a majority stake in Bamboo Ide8 Insurance Services, LLC ("Bamboo"), an MGA focused on the California homeowners insurance market.

White Mountains to Acquire a Majority Stake in Bamboo

NEW YORK--(BUSINESS WIRE)---- $WTM--The State of Connecticut used a debt service reserve fund insurance policy from Build America Mutual as part of a funding solution that allowed the state to launch the Connecticut Baby Bond Trust with an initial deposit of $398 million. BAM DSRF insurance policies are flexible tools that allow U.S. municipal bond issuers to re-deploy cash from reserve funds for other public purposes, including reducing total outstanding debt, reducing annual debt-service costs, and fi.

BAM Insurance Policy Helps Connecticut Fund $398 Million Baby Bond Trust

HAMILTON, Bermuda , Aug. 7, 2023 /PRNewswire/ -- White Mountains Insurance Group, Ltd. (NYSE: WTM) reported book value per share of $1,532 and adjusted book value per share of $1,576 as of June 30, 2023.

WHITE MOUNTAINS REPORTS SECOND QUARTER RESULTS

NEW YORK and LONDON , July 25, 2023 /PRNewswire/ -- Apera Asset Management LLP (Apera), a U.K.-based pan-European private debt manager in the mid-market space, and Kudu Investment Management, LLC (Kudu), a provider of permanent capital solutions to independent asset and wealth managers, today announced that Kudu has made a minority investment in Apera through an Apera affiliate. The firms are not disclosing financial terms.

European Private Credit Investor Apera Asset Management Adds Kudu Investment Management as Strategic Investor

MediaAlpha

HAMILTON, Bermuda , June 30, 2023 /PRNewswire/ --  White Mountains Insurance Group, Ltd. (NYSE: WTM) ("White Mountains") today announced the final results of the cash tender offer (the "Offer") by White Mountains and its wholly owned subsidiary, WM Hinson (Bermuda) Ltd.

White Mountains Insurance Group, Ltd. Announces the Final Results of White Mountains Insurance Group, Ltd.

HAMILTON, Bermuda , June 27, 2023 /PRNewswire/ -- White Mountains Insurance Group, Ltd. (NYSE: WTM) ("White Mountains") today announced the preliminary results of the cash tender offer (the "Offer") by White Mountains and its wholly owned subsidiary, WM Hinson (Bermuda) Ltd.

White Mountains Insurance Group, Ltd. Announces the Preliminary Results of White Mountains Insurance Group, Ltd.

NEW YORK and SAN FRANCISCO and WASHINGTON , June 21, 2023 /PRNewswire/ -- Martis Capital Management, LLC (Martis Capital), a healthcare-focused private equity firm, and Kudu Investment Management, LLC (Kudu), a provider of permanent capital solutions to independent asset and wealth managers worldwide, today announced that Kudu has made a minority investment in Martis Capital. Financial terms were not disclosed.

Healthcare-Focused Private Equity Manager Martis Capital Secures Investment From Kudu Investment Management

HAMILTON, Bermuda , May 26, 2023 /PRNewswire/ -- White Mountains Insurance Group, Ltd. (NYSE: WTM) ("White Mountains") today announced that it and its wholly owned subsidiary, WM Hinson (Bermuda) Ltd.

White Mountains Insurance Group, Ltd. Announces that White Mountains Insurance Group, Ltd.

HAMILTON, Bermuda , May 25, 2023 /PRNewswire/ --  White Mountains Insurance Group, Ltd. (NYSE: WTM) today announced that Weston M.

Morgan Davis Retires from White Mountains Board of Directors; Weston M. Hicks Elected Chairman

HAMILTON, Bermuda , May 22, 2023 /PRNewswire/ -- White Mountains Insurance Group, Ltd. (NYSE: WTM) will hold its Annual Investor Information Meeting on: Date:  Tuesday, 6 June, 2023 Time:  10:00 a.m.

White Mountains to Hold 2023 Annual Investor Information Meeting on June 6, 2023

HAMILTON, Bermuda , May 9, 2023 /PRNewswire/ -- White Mountains Insurance Group, Ltd. (NYSE: WTM) reported book value per share of $1,522 and adjusted book value per share of $1,567 as of March 31, 2023.

WHITE MOUNTAINS REPORTS FIRST QUARTER RESULTS

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NEW YORK--(BUSINESS WIRE)---- $WTM--Kroll Bond Rating Agency upgraded its rating on Fidus Re's $100 million Series 2018-1 Notes (Fidus I) to AA+ and affirmed its AA rating on Fidus Re's $150 million Series 2021-1 Notes (Fidus II). The transactions were sold to fund collateralized excess-of-loss reinsurance agreements that provide additional claims-paying resources for Build America Mutual.

BAM Announces Kroll Bond Rating Agency Upgrades Fidus Re Series 2018-1 to AA-Plus

HAMILTON, Bermuda , Feb. 23, 2023 /PRNewswire/ -- The Board of Directors of White Mountains Insurance Group, Ltd. (NYSE: WTM) has elected Weston M.

Weston M. Hicks Elected to the White Mountains Board

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HAMILTON, Bermuda , Dec. 21, 2022 /PRNewswire/ -- White Mountains Insurance Group, Ltd. (NYSE: WTM) ("White Mountains") announced today that Ark Insurance Holdings Limited ("Ark"), its specialty property and casualty reinsurance and insurance subsidiary, has sponsored the formation of a reinsurance sidecar to provide collateralized reinsurance capacity for its global property catastrophe portfolio.

News for White Mountains Insurance Group Stock (WTM)