Executives On The Move at CNA, White Mountains and ClearPath Mutual
CNA, White Mountains Insurance Group and ClearPath Mutual have all named new chief financial officers.***
CNA announced the ...
White Mountains Insurance News
White Mountains Will Acquire Majority Stake in NSM, a Specialty Insurance Program Administrator
White Mountains Insurance Group plans to acquire a majority equity stake in NSM Insurance Group, a specialty insurance program administrator. The transaction values NSM at about $388 million and ...
OneBeacon Is Reportedly Soliciting Offers From Rival Insurers
OneBeacon Insurance Group Ltd., the specialty insurer controlled by White Mountains Insurance Group Ltd., is exploring a sale, people familiar with the matter said. The Bermuda-based company recently ...
White Mountains Closes $2.6B Sale of Reinsurer Sirius to China Minsheng Investment
White Mountains Insurance Group Ltd. completed its $2.6 billion sale of Sirius International Insurance Group to a division of China Minsheng Investment Corp. Ltd., nine months after the deal with ...
TigerRisk and Gen Re: Influx of Capital From Asia a Trend Worth Watching
Recent M&A-related investment from Asia offers yet another twist in the ongoing influx of new capital that has fostered uncertainty among insurers and reinsurers alike. Some insiders view the ...
White Mountains Sells Reinsurer Sirius to China Minsheng Investment for $2.2B
White Mountains Insurance Group Ltd. agreed to sell Sirius International Insurance Group Ltd. for about $2.2 billion to an arm of Shanghai-based China Minsheng Investment Corp. (CMI). The price for ...
Ex-White Mountains CEO Gains New Director Role at Third Point Re
Steven Fass, a former CEO of White Mountains Insurance Group and a 39-year insurance veteran, has been named Lead Independent Director at Third Point Reinsurance. Third Point Re created the position. ...
White Mountains Grabs Majority Stake in Web Insurance Broker
White Mountains Insurance Group Ltd. purchased a majority stake in Tranzact for $178 million as the insurer renews its bet on policy sales through the Internet. White Mountains acquired 63 percent of ...
White Mountains to Acquire Attorney-In-Fact of Star & Shield Insurance Exchange
White Mountains Insurance Group, Ltd. and Star & Shield Group announced Monday that Star & Shield Holdings LLC had entered into a definitive agreement to sell certain assets and liabilities ...