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White Mountains Insurance (WTM) Company Profile

Updated May 3, 2019
White Mountains Insurance has the following business profile:
Company's Full Name:White Mountains Insurance Group, Ltd.
Short Name:White Mountains Insurance
Trading Ticker Symbol:WTM
Primary Exchange:NYSE
Headquarter City/Country:New Hampshire, NH
Primary Industry Sector:Finance
Seconday Sub-sector:Property-Casualty Insurers
Main Business Areas: Finance, Property-Casualty Insurers, Financial Services, Property & Casualty Insurance
Dividend Payments:Dividend History

Market and Trading Information for White Mountains Insurance

The following details were available for trading and market data about the stock of White Mountains Insurance as of writing:
Current Share Price:$941.09
Previous Year's Closing Price:$857.69
Percentage Price Change (YTD):9.72%
Market Cap:$2.97 billion
52-week Price Range:$832.88 - $980.89
Dividend Per Share:$0
EPS (TTM):41.77
Price-Earnings (Trailing):0
Price-Earnings (Forward):62.74

Company Profile and Business Description for White Mountains Insurance

White Mountains Insurance Group, Ltd., incorporated on October 25, 1999, is a holding company. The Company's principal businesses are conducted through its insurance subsidiaries and other affiliates. The Company's segments include OneBeacon, HG Global/BAM and Other Operations. The OneBeacon segment consists of the operations of OneBeacon Insurance Group, Ltd. (OneBeacon Ltd.), which owns a family of property and casualty insurance companies, and Split Rock Insurance, Ltd. (Split Rock), a reinsurance company (collectively, OneBeacon). The HG Global/BAM segment consists of the operations of HG Global Ltd. (HG Global) and Build America Mutual Assurance Company (BAM). The Other Operations segment consists of the Company and its intermediate holding companies, its investment management subsidiary, White Mountains Advisors LLC (WM Advisors), and certain consolidated and unconsolidated private capital investments.

OneBeacon

OneBeacon is a specialty property and casualty insurance provider that offers a range of insurance products in the United States primarily through independent agencies, regional and national brokers, wholesalers and managing general agencies. OneBeacon writes both property insurance and casualty insurance in its Specialty Products and Specialty Industries underwriting groups. Property insurance generally covers the financial consequences of accidental losses to the insured's property, such as a business's building, inventory and equipment or personal property. Premiums from ocean and inland marine, certain commercial multiple peril and fire and allied lines generally represent OneBeacon's short-tail property lines of business.

Casualty insurance (often referred to as liability insurance) generally covers the financial consequences of a legal liability of an individual or an organization resulting from negligent acts or omissions causing bodily injury, property damages and/or economic damages to a third party. Premiums from general liability, workers compensation, commercial auto liability and certain commercial multiple peril policies generally represent OneBeacon's long-tail casualty lines of business. OneBeacon also provides surety coverage. As of December 31, 2016, OneBeacon's insurance business consisted of sixteen underwriting units that were reported in two underwriting groups, Specialty Industries and Specialty Products.

The Specialty Products underwriting group includes various underwriting units, such as OneBeacon Healthcare Group, Tuition Reimbursement, OneBeacon Program Group, Other Professional Lines, OneBeacon Surety Group, OneBeacon Management Liability, OneBeacon Financial Services and Other Specialty Products, such as OneBeacon Specialty Property, OneBeacon Environmental, OneBeacon Financial Institutions and OneBeacon Crop Insurance. The Specialty Industries underwriting group includes various underwriting units, such as OneBeacon Technology Insurance, Inland Marine Underwriters (IMU)-Ocean Marine, OneBeacon Accident Group, OneBeacon Entertainment, OneBeacon Government Risk and IMU-Inland Marine.

HG Global/BAM

BAM is a mutual municipal bond insurance company in the United States. BAM is owned by and operated for the benefit of its mutual policyholders, the municipalities that purchase BAM's insurance for their debt issuances. BAM focuses on municipal bonds issued to finance various public purposes, such as schools, utilities and transportation facilities. BAM focuses on small-to-medium sized investment grade bonds, primarily in the AA-, A and BBB categories.

Other Operations

WM Advisors is a registered investment adviser that manages the Company's investment portfolio, which consists of fixed maturity investments, short-term investments, common equity securities and other long-term investments, including hedge funds and private equity funds. The Company, through its subsidiary, White Mountains Capital, Inc. (WM Capital), sources, executes and monitors private capital investments (WM Capital Investments).

The Company competes with The Chubb Corporation, AIG, Beazley, CNA, Hartford, Liberty Mutual, Travelers, Zurich, Axis, Tokio Marine, The Navigators Group, Markel Corporation, RLI, W.R. Berkley, Assured Guaranty and National Public Finance Guarantee.

80 S Main St

Peer / Competitor Companies of Property-Casualty Insurers Sector

Along with White Mountains Insurance Group, Ltd., the following other peer (competitor) companies also exist within the same Property-Casualty Insurers - Finance sector whose company profile and dividend history is as follows:

▶ 1347 Property Insurance (PIH): 1347 Property Insurance Holdings, Inc., incorporated on October 2, 2012, is a holding company. The Company, through its subsidiaries, is engaged providing property and casualty insurance. The Company offers homeowners ....See Detailed Company Profile  and Dividend History.

▶ Alleghany (Y): Alleghany Corporation, incorporated on November 16, 1984, is an insurance holding company. The Company, through its subsidiary Alleghany Insurance Holdings LLC (AIHL) and its subsidiaries, is engaged in the property ....See Detailed Company Profile  and Dividend History.

▶ Allied World Assurance AG (AWH): Allied World Assurance Company Holdings, AG, incorporated on May 12, 2010, is a holding company. The Company provides property, casualty and specialty insurance and reinsurance solutions to clients around the ....See Detailed Company Profile  and Dividend History.

▶ Allstate (ALL): The Allstate Corporation (Allstate), incorporated on November 5, 1992, is a holding company for Allstate Insurance Company. The Companys business is conducted principally through Allstate Insurance Company, Allstate Life Insurance ....See Detailed Company Profile  and Dividend History.

▶ Ambac Financial (AMBC): Ambac Financial Group, Inc. (Ambac), incorporated on April 29, 1991, is a financial services holding company. The Company operates through two segments: Financial Guarantee and Financial Services. The Financial Guarantee ....See Detailed Company Profile  and Dividend History.

▶ Ambac Financial (AMBCW): ....See Detailed Company Profile  and Dividend History.

▶ American Financial (AFA): American Financial Group, Inc. (AFG), incorporated on July 1, 1997, is a holding company engaged primarily in property and casualty insurance businesses. The Company, through Great American Insurance Group, focuses ....See Detailed Company Profile  and Dividend History.

▶ American Financial (AFG): American Financial Group, Inc. (AFG), incorporated on July 1, 1997, is a holding company engaged primarily in property and casualty insurance businesses. The Company, through Great American Insurance Group, focuses ....See Detailed Company Profile  and Dividend History.

▶ American Financial (AFGE): American Financial Group, Inc. (AFG), incorporated on July 1, 1997, is a holding company engaged primarily in property and casualty insurance businesses. The Company, through Great American Insurance Group, focuses ....See Detailed Company Profile  and Dividend History.

▶ American Financial (AFGH): American Financial Group, Inc. (AFG), incorporated on July 1, 1997, is a holding company engaged primarily in property and casualty insurance businesses. The Company, through Great American Insurance Group, focuses ....See Detailed Company Profile  and Dividend History.

▶ American Financial (AFW): American Financial Group, Inc. (AFG), incorporated on July 1, 1997, is a holding company engaged primarily in property and casualty insurance businesses. The Company, through Great American Insurance Group, focuses ....See Detailed Company Profile  and Dividend History.

▶ American International (AIG): American International Group, Inc. (AIG), incorporated on June 9, 1967, is a global insurance company. The Company provides a range of property casualty insurance, life insurance, retirement products and other ....See Detailed Company Profile  and Dividend History.

▶ AMERISAFE (AMSF): Amerisafe, Inc., incorporated on October 28, 1985, is an insurance holding company. The Company is engaged in providing workers compensation insurance focused on small to mid-sized employers engaged in hazardous ....See Detailed Company Profile  and Dividend History.

▶ AmTrust Financial (AFSI): Amtrust Financial Services, Inc. (AmTrust), incorporated on November 7, 1990, is an insurance holding company. The Company, through its subsidiaries, provides specialty property and casualty insurance focusing on workers compensation ....See Detailed Company Profile  and Dividend History.

▶ AmTrust Financial (AFSS): Amtrust Financial Services, Inc. (AmTrust), incorporated on November 7, 1990, is an insurance holding company. The Company, through its subsidiaries, provides specialty property and casualty insurance focusing on workers compensation ....See Detailed Company Profile  and Dividend History.

▶ AmTrust Financial (AFST): Amtrust Financial Services, Inc. (AmTrust), incorporated on November 7, 1990, is an insurance holding company. The Company, through its subsidiaries, provides specialty property and casualty insurance focusing on workers compensation ....See Detailed Company Profile  and Dividend History.

▶ Arch Capital (ACGL): Arch Capital Group Ltd. (ACGL), incorporated on September 22, 2000, provides insurance, reinsurance and mortgage insurance through its wholly owned subsidiaries. The Company provides a range of property, casualty and ....See Detailed Company Profile  and Dividend History.

▶ Arch Capital (ACGLP): Arch Capital Group Ltd. (ACGL), incorporated on September 22, 2000, provides insurance, reinsurance and mortgage insurance through its wholly owned subsidiaries. The Company provides a range of property, casualty and ....See Detailed Company Profile  and Dividend History.

▶ Aspen Insurance (AHL): Aspen Insurance Holdings Limited, incorporated on May 23, 2002, is a holding company. The Company underwrites specialty insurance and reinsurance on a global basis. It manages its insurance and reinsurance ....See Detailed Company Profile  and Dividend History.

▶ Assured Guaranty (AGO): Assured Guaranty Ltd., incorporated on August 21, 2003, is a holding company. The Company, through its subsidiaries, provides credit protection products to the United States and international public finance, including ....See Detailed Company Profile  and Dividend History.

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