WHITE MOUNTAINS INSURANCE GROUP LTD
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
- Website
- whitemountains.com
- 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
| Name | Position | Shares owned |
|---|---|---|
| Liam P. Caffrey | Chief Executive Officer, Director | 3,658 |
| George Manning Rountree | Chief Executive Officer, Director | 13,931 |
| Robert Lawrence Seelig | EVP & General Counsel | 18,444 |
| Michael A. Papamichael | Chief Financial Officer | 1,212 |
| Michaela Hildreth | MD & Chief Accounting Officer | 1,845 |
| Giles E. Harrison | President | 2,677 |
| David Allen Tanner | Director | 2,012 |
| Stephen Klar | Director | 0 |
| John Chu | Director | 200 |
| Mary C. Choksi | Director | 1,993 |
| Weston M. Hicks | Director | 2,936 |
| Reid Tarlton Campbell | Director | 10,694 |
| Peter M. Carlson | Director | 852 |
| Philip A. Gelston | Director | 1,703 |
| Suzanne F. Shank | Director | 1,006 |
| Margaret Dillon | Director | 1,080 |
| Steven Yi | Director | 525 |
CEO pay and shareholder return
Pay versus performance table from the proxy statement
| Fiscal year | CEO total pay | CEO pay actually paid | Other executives (avg) | Value of $100 invested | Peer 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