White Mountains Insurance Group
WHITE MOUNTAINS INSURANCE GROUP LTD Stock, NYSE:WTM
White Mountains Insurance Group, Ltd., through its subsidiaries, engages in engages in insurance, reinsurance, and insurance services businesses in the United States. The company operates through OneBeacon and HG Global/BAM segments. The OneBeacon segment underwrites professional liability and other specialized coverages for the healthcare industry, such as excess insurance, and excess of loss or HMO reinsurance; multi-line package and tuition reimbursement insurance; commercial surety bonds; and professional liability coverages for architects and engineers, and various customer groups. It also offers management liability insurance to private for-profit and nonprofit organizations; products for financial services and financial institutions industry; specialty property insurance, such as excess property and inland marine solutions; all-lines underwriting solutions for the technology and telecommunications industries; and environmental risk, ocean marine, specialized accident, entertainment, and government risks solutions. This segment provides its products through independent agencies, regional and national brokers, wholesalers, and managing general agencies. The HG Global/BAM segment offers insurance on municipal bonds issued to finance public purposes, such as schools, utilities, core governmental functions, and existing transportation facilities. The Other Operations segment provides investment management services; online price comparisons of pension products and auto insurance, as well as non-insurance products; management services; and reinsures death and living benefit guarantees associated with variable annuities issued in Japan. White Mountains Insurance Group, Ltd. was founded in 1980 and is headquartered in Hamilton, Bermuda.