White Mountains Insurance Group Ltd - Company Profile
Powered by 
All the data and insights you need on White Mountains Insurance Group Ltd in one report.
$295
- Save hours of research time and resources with
our up-to-date White Mountains Insurance Group Ltd Strategy Report
- Understand White Mountains Insurance Group Ltd position in the market,
performance and strategic initiatives.
- Gain competitive edge and increase your
chances of success
White Mountains Insurance Group Ltd (WMIG) is a financial service holding company. The company principally focuses on four areas, including municipal bond insurance, specialty insurance distribution, capital solutions for asset management firms and other operations. The municipal bond insurance business is undertaken through its subsidiary HG Global Ltd. (HG Global), HG Re Ltd. (HG Re) and Build America Mutual Assurance Company (BAM). The company through Kudu Investment Management, LLC and its subsidiaries (Kudu), offers a range of capital solutions for boutique asset managers for numerous purposes such as management buyouts, acquisition and growth finance, generational ownership transfers, and legacy partner liquidity. Furthermore, the company through its subsidiary White Mountains Advisors LLC (WM Advisors) focuses on common equity securities, short-term investments, fixed maturity investments, and other long-term investments. WMIG is headquartered in Hamilton, Bermuda.
Headquarters
United States of America
Address
23 South Main Street, 80 South Main St, Hanover, New Hampshire, 03755
Website
www.whitemountains.com
Telephone
1 603 6402200
No of Employees
782
Industry
Financial Services
Ticker Symbol & Exchange
WTM (NYSE)
Revenue (2022)
$2.2B
87.1%
(2022 vs 2021)
EPS
XYZ
Net Income (2022)
XYZ
-35.8%
(2022 vs 2021)
Market Cap*
$4.6B
Net Profit Margin (2022)
XYZ
-65.7%
(2022 vs 2021)
* As of and is in US$
White Mountains Insurance Group Ltd premium industry data and analytics
Products and Services
| Products | Services |
|---|---|
| Municipal Bond Insurance | Investment Management Services |
| Property & Casualty Insurance | |
| Marketing Technology |
History
History section provides information on new products, mergers, acquisitions, expansions, approvals, and many more key events.
| Year | Event | Description |
|---|---|---|
| 2024 | Corporate Changes/Expansions | In March, Kingfisher Insurance opened a new headquarters in Birmingham, the UK |
| 2023 | Corporate Changes/Expansions | In October, the company launched White Mountains Partners, a new, wholly-owned business unit. |
| 2023 | Contracts/Agreements | In October, the company entered into an agreement to acquire a majority stake in Bamboo Ide8 Insurance Services. |
Competitor Comparison
| Key Parameters | White Mountains Insurance Group Ltd | Brit Ltd | Assured Guaranty Ltd | Alfa Insurance Group | Bankers Insurance Group |
|---|---|---|---|---|---|
| Headquarters | United States of America | United Kingdom | Bermuda | United States of America | United States of America |
| City | Hanover | London | Pembroke | Montgomery | St. Petersburg |
| State/Province | New Hampshire | England | - | Alabama | Florida |
| No. of Employees | 782 | 969 | 350 | - | - |
| Entity Type | Public | Private | Public | Private | Private |
Key Financial Charts
Sales Growth
Net Income Growth
Executives
| Name | Position | Board | Since | Age |
|---|---|---|---|---|
| Weston M. Hicks | Chairman | Executive Board | 2023 | - |
| David A. Tanner | Vice Chairman | Executive Board | 2020 | 64 |
| G. Manning Rountree | Chief Executive Officer; Director | Executive Board | 2017 | 50 |
| Liam P. Caffrey | Chief Financial Officer | Senior Management | 2022 | 50 |
| Michaela J. Hildreth | Chief Accounting Officer | Senior Management | 2021 | 55 |
| Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
Still looking?
Have you found what you were looking for? From start-ups to market leaders, uncover what they do and how they do it.
Explorer
Access more premium companies when you subscribe to Explorer