HANOVER, N.H. (AP) _ White Mountains Insurance Group Ltd. (WTM) on Monday reported a loss of $75.3 million in its first quarter.
On a per-share basis, the Hanover, New Hampshire-based company said it had a loss of $24.30. Losses, adjusted for one-time gains and costs, came to $17.23 per share.
The insurer posted revenue of $178.2 million in the period. Its adjusted revenue was $218.8 million.
White Mountains shares have increased 24% since the beginning of the year. The stock has risen 36% in the last 12 months.
Mighty Fire Breaker Rolls Out Its Wildfire Defense Program to Lower Risk of Loss from Wildfire with Green Fire Inhibitor Chemistry
Oakbridge Expands Employee Benefits Capabilities Through Partnership With The Greer Agency, Inc.
Advisor News
- Help women break through their retirement roadblocks
- Advisors await SEC decision on Vanguard fair fund distribution
- What to do when adult children become the client
- Judge rules insurers not liable for Newport Group’s AME Church pension lawsuit
- Why vacation homes are becoming a major blind spot for advisors
More Advisor NewsAnnuity News
- Best’s Market Segment Report: Global Life/Annuity Reinsurers Remained Poised for Steady Growth
- When technology becomes easy to rent, what still separates life and annuity carriers?
- Legacy Marketing Group® and Malibu Life USA Announce Distribution Partnership for New Fixed Indexed Annuity Platform
- Empower Annuity Insurance Company of America Trademark Application for “EMPOWER WHAT’S NEXT” Filed: Empower Annuity Insurance Company of America
- Industry pushes back on linking ‘financial strength’ to annuity illustrations
More Annuity NewsHealth/Employee Benefits News
Life Insurance News
- How advisors can get clients to act sooner on life insurance
- AM Best Affirms Credit Ratings of Crum & Forster Insurance Group’s Members and Monitor Life Insurance Company of New York
- AM Best Affirms Credit Ratings of Life Insurance Company Centras Life JSC
- AM Best Withdraws Credit Ratings of New Providence Life Insurance Company
- When technology becomes easy to rent, what still separates life and annuity carriers?
More Life Insurance News