White Mountains Insurance Group

-17.1%

White Mountains Insurance Group is primarily an insurance holding company that operates through its subsidiaries and affiliates to provide a range of insurance products and services. The company’s main products and services include property and casualty insurance, reinsurance, and specialty insurance:
1. Property and casualty insurance: White Mountains Insurance Group offers property and casualty insurance through its subsidiary OneBeacon Insurance Group. This includes a range of commercial and personal insurance products such as auto, homeowners, and business insurance.
2. Reinsurance: The company’s subsidiary, White Mountains Re, provides reinsurance solutions to insurance companies, covering risks related to property, casualty, marine, and other specialty classes of business.
3. Specialty insurance: White Mountains Specialty Insurance Co. offers specialty insurance products such as professional and management liability, as well as accident and health insurance through its subsidiaries.
4. Investment management: The company’s investment arm, White Mountains Advisors, offers investment management and advisory services to the company’s insurance subsidiaries and also to third-party clients.
5. Run-off services: The company’s subsidiary, White Mountains Solutions, offers run-off services to insurance companies, managing liabilities and transferring risk for discontinued lines of business.
6. Other services: White Mountains Insurance Group also offers risk management and loss control services through its subsidiary, OneBeacon Risk Control, and technology consulting services through OneBeacon Technology Insurance.
7. Global operations: The company has a global presence, with operations in the United States, Bermuda, the United Kingdom, Ireland, Australia, and Canada.
8. High-Net-Worth insurance: The company’s subsidiary, Chubb Personal Insurance, offers insurance solutions for high-net-worth individuals and families.
9. Program business: White Mountains Program Group offers program management and risk management services for specialized niche markets, such as outdoor recreation, transportation, and public entity insurance.
10. Mergers and acquisitions: White Mountains Insurance Group also uses its financial strength and expertise to invest in and acquire insurance and reinsurance companies globally.