HANOVER, N.H. (AP) _ White Mountains Insurance Group Ltd. (WTM) on Tuesday reported a fourth-quarter loss of $33.3 million, after reporting a profit in the same period a year earlier.
The Hanover, New Hampshire-based company said it had a loss of $7.30 per share. Earnings, adjusted for investment costs and to account for discontinued operations, came to $4.70 per share.
The insurer posted revenue of $268.2 million in the period. Its adjusted revenue was $341.9 million.
For the year, the company reported profit of $412.5 million, or $82.19 per share. Revenue was reported as $1.35 billion.
White Mountains shares have risen 8.5 percent since the beginning of the year. The stock has risen 29 percent in the last 12 months.
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