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WTMNYSEFire, Marine & Casualty InsuranceFiscal year ends December 31

WHITE MOUNTAINS INSURANCE GROUP LTD

Financials through Q2 FY2026, quarter ended Jun 30, 2026Last filing: 10-Q on Aug 6, 2026
$2167.12+6.81 (+0.32%)

Close on Oct 19, 2026

Market cap
$5.22B
P/E (TTM)
4.9
Dividend yield
0.05%

About White Mountains Insurance

Fire, Marine & Casualty Insurance, SIC 6331

White Mountains Insurance Group, Ltd. acquires and operates businesses and assets within the insurance, financial services, and related industries. The company conducts operations primarily across property and casualty insurance and reinsurance, municipal bond guarantee reinsurance, capital solutions for wealth and asset managers, and specialty insurance distribution. Key product lines include specialty property, casualty, marine and energy, aviation, and accident and health coverages, alongside catastrophe reinsurance and structured financing solutions. Its offerings serve primary insurers, commercial enterprises, financial institutions, and specialized firms through independent brokers, wholesalers, and managing general agents.

The enterprise maintains major operating subsidiaries and underwriting activities in the United Kingdom and Bermuda, writing select insurance and reinsurance risks on a global scale. In the United Kingdom, operations run through corporate memberships and managing agents at Lloyd's of London, while worldwide property, casualty, and catastrophe reinsurance are supported through Bermuda-domiciled platforms. White Mountains is headquartered in Hamilton, Bermuda, and maintains its principal executive office in Hanover, New Hampshire.

Summary of the business section of White Mountains Insurance's latest annual report, written by StockData.

Company profile

Company

Legal name
WHITE MOUNTAINS INSURANCE GROUP LTD
Headquarters
Hanover, NH
Address
23 South Main Street, Suite 3b 03755
Phone
(603) 640-2200
Employees
1,648, Dec 31, 2025
Industry
Fire, Marine & Casualty Insurance
Incorporated in
D0
Fiscal year ends
December 31
Auditor
PricewaterhouseCoopers LLP, Atlanta, Georgia

Stock & identifiers

Ticker
WTM
Exchange
NYSE
Shares outstanding
2M, Aug 3, 2026
Public float
$4.48B, Jun 30, 2025
Filer category
Large accelerated filer
SEC CIK
776867
CUSIP
G9618E107
ISIN
USG9618E1076
LEI
549300N3FL068JERBG02
EIN
94-2708455

Executives and directors

Officers and directors who filed ownership reports (Forms 3, 4, 5) in the last two years

NamePositionShares owned
Liam P. CaffreyChief Executive Officer, Director3,658
George Manning RountreeChief Executive Officer, Director13,931
Robert Lawrence SeeligEVP & General Counsel18,444
Michael A. PapamichaelChief Financial Officer1,212
Michaela HildrethMD & Chief Accounting Officer1,845
Giles E. HarrisonPresident2,677
David Allen TannerDirector2,012
Stephen KlarDirector0
John ChuDirector200
Mary C. ChoksiDirector1,993
Weston M. HicksDirector2,936
Reid Tarlton CampbellDirector10,694
Peter M. CarlsonDirector852
Philip A. GelstonDirector1,703
Suzanne F. ShankDirector1,006
Margaret DillonDirector1,080
Steven YiDirector525

CEO pay and shareholder return

Pay versus performance table from the proxy statement

Fiscal yearCEO total payCEO pay actually paidOther executives (avg)Value of $100 investedPeer group
FY2025
Mr. Rountree
$8.06M$16.33M$5.09M$208$234
FY2024
Mr. Rountree
$7.42M$14.10M$4.21M$175$228
FY2023
Mr. Rountree
$7.58M$11.68M$3.70M$135$168
FY2022
Mr. Rountree
$7.19M$23.15M$3.17M$127$152
FY2021
Mr. Rountree
$7.19M$4.64M$2.91M$91$128
FY2020
Mr.Rountree
$7.17M$13.79M$3.97M$90$107

“Actually paid” adjusts reported pay for changes in the value of equity awards. Shareholder return assumes $100 invested at the start of the measurement period, as disclosed by the company.

Employees

Headcount reported in annual reports

“As of December 31, 2025, White Mountains employed 1,648 people (consisting of 85 people at the Company, WM Capital, its other intermediate holding companies, WM Advisors, WTM Partners and HG Global, 300 people at Ark, 17 people at Kudu, 288 people at Distinguished and 958 people at its consolidated Other Operating Businesses).”

Corporate history

Events identified from SEC filings

DateEventDetails
Dec 8, 2025Acquisition / saleCompletion of acquisition or disposition of assets (8-K Item 2.01)
May 26, 2023Tender offerThird-party tender offer for the company's shares
Aug 5, 2022Acquisition / saleCompletion of acquisition or disposition of assets (8-K Item 2.01)
Mar 16, 2021Acquisition / saleCompletion of acquisition or disposition of assets (8-K Item 2.01)
Jan 4, 2021Acquisition / saleCompletion of acquisition or disposition of assets (8-K Item 2.01)
Sep 28, 2017Acquisition / saleCompletion of acquisition or disposition of assets (8-K Item 2.01)
Apr 18, 2016Acquisition / saleCompletion of acquisition or disposition of assets (8-K Item 2.01)
Feb 4, 2016Acquisition / saleCompletion of acquisition or disposition of assets (8-K Item 2.01)
Dec 23, 2014Acquisition / saleCompletion of acquisition or disposition of assets (8-K Item 2.01)
Oct 15, 2004Acquisition / saleCompletion of acquisition or disposition of assets (8-K Item 2.01)
Dec 16, 1999ListingRegistration of securities on an exchange (Form 8-A)
Oct 20, 1999Name changeName changed from WHITE MOUNTAINS INSURANCE GROUP INC to WHITE MOUNTAINS INSURANCE GROUP LTD
Sep 27, 1999Merger voteDefinitive merger proxy statement
Feb 10, 1999Name changeName changed from FUND AMERICAN ENTERPRISES HOLDINGS INC to WHITE MOUNTAINS INSURANCE GROUP INC