WHITE MOUNTAINS INSURANCE GROUP LTD

# White Mountains Insurance Group, Ltd.

White Mountains Insurance Group is a Bermuda-incorporated insurance and financial services company operating primarily through subsidiary operations in the United States. The company provides property and casualty insurance, reinsurance products, and alternative capital solutions across multiple business segments. Its insurance offerings include property, specialty, marine and energy, casualty, and accident and health coverage.

The company operates four primary segments. Ark/WM Outrigger handles core insurance and reinsurance products for commercial clients. HG Global focuses on reinsurance tied to municipal bond issuance, specifically for public purpose infrastructure projects. Kudu provides capital solutions and strategic advisory services to boutique asset and wealth management firms, supporting ownership transitions, acquisitions, and liquidity events. Bamboo operates a technology-enabled insurance distribution platform targeting the residential homeowners' property insurance market.

White Mountains serves the U.S. market with a diversified business model spanning traditional insurance underwriting, reinsurance, structured capital solutions, and digital insurance distribution. The company was incorporated in 1980 and maintains headquarters in Hamilton, Bermuda, with operational presence across multiple U.S. jurisdictions through its subsidiary network.