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.

NEW YORK and SAN FRANCISCO and WASHINGTON , June 21, 2023 /PRNewswire/ -- Martis Capital Management, LLC (Martis Capital), a healthcare-focused private equity firm, 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 Martis Capital. Financial terms were not disclosed.

Healthcare-Focused Private Equity Manager Martis Capital Secures Investment From Kudu Investment Management

MediaAlpha

HAMILTON, Bermuda , May 26, 2023 /PRNewswire/ -- White Mountains Insurance Group, Ltd. (NYSE: WTM) ("White Mountains") today announced that it and its wholly owned subsidiary, WM Hinson (Bermuda) Ltd.

White Mountains Insurance Group, Ltd. Announces that White Mountains Insurance Group, Ltd.

HAMILTON, Bermuda , May 25, 2023 /PRNewswire/ --  White Mountains Insurance Group, Ltd. (NYSE: WTM) today announced that Weston M.

Morgan Davis Retires from White Mountains Board of Directors; Weston M. Hicks Elected Chairman

HAMILTON, Bermuda , May 22, 2023 /PRNewswire/ -- White Mountains Insurance Group, Ltd. (NYSE: WTM) will hold its Annual Investor Information Meeting on: Date:  Tuesday, 6 June, 2023 Time:  10:00 a.m.

White Mountains to Hold 2023 Annual Investor Information Meeting on June 6, 2023

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NEW YORK--(BUSINESS WIRE)---- $WTM--Kroll Bond Rating Agency upgraded its rating on Fidus Re's $100 million Series 2018-1 Notes (Fidus I) to AA+ and affirmed its AA rating on Fidus Re's $150 million Series 2021-1 Notes (Fidus II). The transactions were sold to fund collateralized excess-of-loss reinsurance agreements that provide additional claims-paying resources for Build America Mutual.

BAM Announces Kroll Bond Rating Agency Upgrades Fidus Re Series 2018-1 to AA-Plus

HAMILTON, Bermuda , Feb. 23, 2023 /PRNewswire/ -- The Board of Directors of White Mountains Insurance Group, Ltd. (NYSE: WTM) has elected Weston M.

Weston M. Hicks Elected to the White Mountains Board

Enstar Group

HAMILTON, Bermuda , Dec. 21, 2022 /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 sponsored the formation of a reinsurance sidecar to provide collateralized reinsurance capacity for its global property catastrophe portfolio.

White Mountains Leads Investor Group in Ark-Sponsored Reinsurance Sidecar

HAMILTON, Bermuda , Sept. 26, 2022 /PRNewswire/ -- White Mountains Insurance Group, Ltd.

WHITE MOUNTAINS ANNOUNCES FINAL RESULTS OF ITS TENDER OFFER

HAMILTON, Bermuda , Sept. 21, 2022 /PRNewswire/ -- White Mountains Insurance Group, Ltd.

WHITE MOUNTAINS ANNOUNCES PRELIMINARY RESULTS OF ITS TENDER OFFER

NEW YORK and AUSTIN, Texas , Sept. 6, 2022 /PRNewswire/ -- Escalate Capital Partners (Escalate), a leading private credit and equity investor in growing later-stage companies in the software, services, and healthcare sectors, 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 Escalate.

Growth Capital Provider Escalate Capital Partners Secures Investment From Kudu Investment Management

HAMILTON, Bermuda , Aug. 22, 2022 /PRNewswire/ -- White Mountains Insurance Group, Ltd. (NYSE: WTM) announced today that it has commenced a "modified Dutch auction" self-tender offer to purchase up to $500 million in value of its common shares, at a purchase price not greater than $1,400 nor less than $1,250 per share, in cash, less any applicable withholding taxes and without interest.

WHITE MOUNTAINS TO COMMENCE SELF-TENDER OFFER TO PURCHASE UP TO $500 MILLION IN VALUE OF ITS COMMON SHARES

Carlyle Group

HAMILTON, Bermuda , Aug. 1, 2022 /PRNewswire/ -- White Mountains Insurance Group, Ltd. (NYSE: WTM) ("White Mountains") announced today that it has completed the sale of NSM Insurance Group to investment funds affiliated with global investment firm Carlyle  (NASDAQ: CG).

White Mountains Completes Sale of NSM

NEW YORK and MIAMI , July 28, 2022 /PRNewswire/ -- GenTrust, LLC (GenTrust), an employee-owned SEC-registered investment adviser, and Kudu Investment Management, LLC (Kudu), a provider of permanent capital solutions to independent asset and wealth managers, today announced that Kudu has acquired a minority passive interest in GenTrust. Terms were not disclosed.

GenTrust Adds Kudu Investment Management as Strategic Investor

NEW YORK , June 14, 2022 /PRNewswire/ -- Kudu Investment Management, LLC (Kudu), an independent provider of permanent capital solutions to asset and wealth managers, today announced that Ben Ruffel has joined the firm as director of distribution strategies, a new position, effective June 13. Ruffel is responsible for supporting Kudu's 18 partner firms, which collectively manage $70 billion in assets, as they explore and develop opportunities in new and existing market segments.

Asset Management Distribution Executive Ben Ruffel Joins Kudu Investment Management

GREENWICH, Conn. and NEW YORK , June 9, 2022 /PRNewswire/ -- Gramercy Funds Management, LLC (Gramercy), a dedicated emerging markets investment firm, and Kudu Investment Management, LLC (Kudu), an independent provider of permanent capital solutions to asset and wealth managers, today announced that Kudu has acquired a minority interest in Gramercy.

Emerging Markets Specialist Gramercy Funds Management Adds Kudu Investment Management as Strategic Investor

HAMILTON, Bermuda , May 24, 2022 /PRNewswire/ -- White Mountains Insurance Group, Ltd. (NYSE: WTM) will hold its Annual Investor Information Meeting on: Date:  Friday, 10 June, 2022 Time:  10:00 a.m.

White Mountains to Hold 2022 Annual Investor Information Meeting on June 10, 2022

HAMILTON, Bermuda and NEW YORK , May 9, 2022 /PRNewswire/ -- White Mountains Insurance Group, Ltd. (NYSE: WTM) ("White Mountains") announced today that it has signed a definitive agreement to sell NSM Insurance Group ("NSM") to investment funds affiliated with global investment firm Carlyle  (NASDAQ: CG).

White Mountains to Sell NSM to Carlyle

HAMILTON, Bermuda , March 31, 2022 /PRNewswire/ -- White Mountains Insurance Group, Ltd. (NYSE: WTM) announced today that HG Global Ltd.

HG Global Closes New $150 Million Credit Facility

NEW YORK and BALA CYNWYD, Pa., Jan. 10, 2022 /PRNewswire/ -- Radcliffe Capital Management, L.P.

Credit Specialist Radcliffe Capital Management Secures Minority Investment From Kudu Investment Management

HAMILTON, Bermuda, Dec. 2, 2021 /PRNewswire/ -- White Mountains Insurance Group, Ltd. (NYSE: WTM) announced today that Liam P.

Liam Caffrey to Become CFO of White Mountains

NEW YORK and WALTHAM, Mass., Nov. 16, 2021 /PRNewswire/ -- Granahan Investment Management, Inc. (GIM), a small cap equity investment boutique with $5.8 billion in assets under management, and Kudu Investment Management, LLC, a leading provider of permanent capital solutions to asset and wealth managers, today announced that Kudu has acquired a minority interest in GIM.

Small Cap Specialist Granahan Investment Management Receives Minority Investment From Kudu Investment Management

HAMILTON, Bermuda, Nov. 8, 2021 /PRNewswire/ -- White Mountains Insurance Group, Ltd. (NYSE: WTM) reported book value per share of $1,162 and adjusted book value per share of $1,176 as of September 30, 2021.

White Mountains Reports Third Quarter Results

HAMILTON, Bermuda, Oct. 12, 2021 /PRNewswire/ -- The Board of Directors of White Mountains Insurance Group, Ltd. (NYSE: WTM) has elected Suzanne F.

Suzanne Shank Elected to the White Mountains Board

NEW YORK, Sept. 15, 2021 /PRNewswire/ -- Douglass Winthrop Advisors, LLC (DWA), an SEC-registered investment advisor managing more than $4.8 billion in assets, is partnering with Kudu Investment Management, LLC (Kudu), an independent provider of permanent capital solutions to asset and wealth managers worldwide.

News for White Mountains Insurance Group Stock (WTM)