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.

WEST PALM BEACH, Fla. and NEW YORK , Dec. 4, 2024 /PRNewswire/ -- RiverNorth Capital Management, LLC (RiverNorth), an investment manager  that specializes in opportunistic strategies and closed-end funds, and Kudu Investment Management, LLC (Kudu), a provider of permanent capital solutions to asset and wealth managers globally, today announced that Kudu has made a passive, minority investment in RiverNorth to support the firm's growth.

RiverNorth Capital Management Partners With Kudu Investment Management to Support Expansion

HAMILTON, Bermuda , Nov. 6, 2024 /PRNewswire/ -- White Mountains Insurance Group, Ltd. (NYSE: WTM) reported book value per share of $1,795 and adjusted book value per share of $1,883 as of September 30, 2024.

WHITE MOUNTAINS REPORTS THIRD QUARTER RESULTS

SAUSALITO, Calif. and NEW YORK , Oct. 22, 2024 /PRNewswire/ -- Revelation Partners (Revelation), a leading investment manager in the healthcare secondaries market, 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 Revelation.

Healthcare-Focused Secondaries Manager Revelation Partners Adds Kudu Investment Management as Strategic Partner

MELBOURNE, Australia--(BUSINESS WIRE)---- $WTM--BAM Mutual, the only mutual bond insurer focused on reducing the cost of debt sold for essential infrastructure, is opening a Melbourne office and will begin insuring bonds and loans sold to finance projects in Australia and New Zealand. BAM's focus will include electricity transmission and distribution networks that support the energy transition, social infrastructure, and transportation facilities. “BAM Mutual's mission is to make infrastructure more aff.

BAM Mutual Launches Bond Insurance for Australia's Energy Transition and Social Infrastructure Projects

With a three-year revenue growth of 309 percent, Bamboo Insurance ranks among America's Fastest-Growing Private Companies. MIDVALE, Utah , Aug. 13, 2024 /PRNewswire/ -- Inc. announced today Bamboo Insurance has earned the No.

Bamboo Insurance Lands on the Prestigious Inc. 5000 List for the 2nd Year in a Row

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HAMILTON, Bermuda , Aug. 7, 2024 /PRNewswire/ -- White Mountains Insurance Group, Ltd. (NYSE: WTM) reported book value per share of $1,722 and adjusted book value per share of $1,777 as of June 30, 2024.

WHITE MOUNTAINS REPORTS SECOND QUARTER RESULTS

HAMILTON, Bermuda , May 20, 2024 /PRNewswire/ -- White Mountains Insurance Group, Ltd. (NYSE: WTM) will hold its Annual Investor Information Meeting on: Date: Friday, 7 June, 2024 Time: 10:00 a.m.

White Mountains to Hold 2024 Annual Investor Information Meeting on June 7, 2024

HAMILTON, Bermuda , May 10, 2024 /PRNewswire/ -- White Mountains Insurance Group, Ltd. (NYSE: WTM) announced today that MediaAlpha, Inc. ("MediaAlpha") closed its previously announced underwritten secondary public offering of 7,590,000 shares (including 990,000 shares sold pursuant to the underwriters' option to purchase additional shares) of its Class A common stock by certain selling stockholders.

MediaAlpha Closes Secondary Offering

HAMILTON, Bermuda , May 9, 2024 /PRNewswire/ -- White Mountains Insurance Group, Ltd. (NYSE: WTM) reported book value per share of $1,742 and adjusted book value per share of $1,797 as of March 31, 2024.

WHITE MOUNTAINS REPORTS FIRST QUARTER RESULTS

HAMILTON, Bermuda , May 7, 2024 /PRNewswire/ -- White Mountains Insurance Group, Ltd. (NYSE: WTM) announced today that MediaAlpha, Inc. ("MediaAlpha") priced an underwritten secondary public offering of 6,600,000 shares (not including 990,000 shares subject to the underwriters' option to purchase additional shares) of its Class A common stock by certain selling stockholders.

MediaAlpha Prices Secondary Offering

NEW YORK , May 6, 2024 /PRNewswire/ -- White Mountains Partners, a White Mountains operating company, announced today that David Mondrus has joined its founding team as Chief Financial Officer and Financial Operating Partner. Prior to joining White Mountains Partners, David was a Finance Director at The Riverside Company, a private equity firm focused on acquiring growing companies in the lower middle market.

DAVID MONDRUS JOINS WHITE MOUNTAINS PARTNERS AS CHIEF FINANCIAL OFFICER AND FINANCIAL OPERATING PARTNER

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/ -- 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

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

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

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

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.

News for White Mountains Insurance Group Stock (WTM)