
Company: In 2004, Safeco decided to jettison its Life Insurance business. The buyer group was led by White Mountains Insurance ( WTM ), an insurance company with a reputation for good capital management, and Berkshire Hathaway ( BRK.B ) Each bought a stake
Book value per share rose to $560 per share in the first quarter at White Mountains WTM , an increase of 4% on a sequential basis and almost 25% year over year. A dramatic fall-off in catastrophe losses at its
the firm's growth in book value per share over time. White Mountains Insurance Group is a Bermuda-based insurance holding company. Subsidiaries ..... earnings growth over the long term. White Mountains' WTM long-term approach to investing in and turning around
holdings are past or present Fairholme positions, including Berkshire Hathaway, Sears Holdings SHLD, White Mountains Insurance WTM , Barrick Gold, Jefferies Group JEF, and Mohawk Industries MHK. Pitkowsky and Trauner also embrace deeply out-of-favor
March 7 - Fitch Ratings has affirmed all Issuer Default Ratings (IDRs), debt and Insurer Financial Strength (IFS) ratings for White Mountains Insurance Group , Ltd. (White Mountains) and its holding...
White Mountains Insurance ( WTM ) says it has repurchased all 89,729 shares of its common stock held by Berkshire Hathaway at a purchase price of $500 per share
gain from the sale of its online auto insurer Esurance drove adjusted book value to $542 per share at White Mountains Insurance Group WTM , as pretax income fell on a year-over-year basis. Majority owned OneBeacon OB broke even on an underwriting
even greater at times in the early 2000s; in those first few years, Berkshire Hathaway BRK.B and White Mountains Insurance WTM together often claimed more than a third of the portfolio. But Bank of America is not the blue-chip that is Wells Fargo
performance and the effect of foreign currency losses virtually wiped out third-quarter pretax income at White Mountains Insurance Group WTM . Third-quarter pretax income fell to $1.2 million from $75.2 million as book value per share
Oct 14 - White Mountains Insurance Group said it will buy back up to 300,000 of its common shares in a "modified Dutch auction," a process which allows shareholders to indicate how many shares they...