The Online Investor
Insurance Brokers M&A image Insurance Brokers M&A » By The Online Investor Staff, updated Thu., Jun. 30, 3:56 PM Recent mergers and acquisitions in the Insurance Brokers M&A category.

Slide #45. White Mountains Insurance Group, Ltd. Star & Shield Holdings LLC's certain assets and liabilities

Acquirer: White Mountains Insurance Group, Ltd. (NYSE:WTM)
Acquiree: Star & Shield Holdings LLC's certain assets and liabilities
Details: White Mountains Insurance Group, Ltd. (NYSE: WTM) ("White Mountains") and Star & Shield Group announced today that Star & Shield Holdings LLC had entered into a definitive agreement to sell certain assets and liabilities to a wholly-owned subsidiary of White Mountains. Under the terms of the agreement, White Mountains will acquire Star & Shield Risk Management LLC, the attorney-in-fact for Star & Shield Insurance Exchange, a Florida-domiciled reciprocal insurance exchange providing private passenger auto insurance to members of the public safety community and their families, and other related entities within the Star & Shield Group.

White Mountains Insurance Group conducts its business in the following areas: municipal bond insurance, property and casualty insurance and reinsurance, specialty insurance distribution, capital solutions for asset management firms, and other operations. Co.'s municipal bond insurance business is conducted through its subsidiary HG Global Ltd. and its reinsurance subsidiary HG Re Ltd. Co.'s property and casualty insurance and reinsurance business is conducted through its subsidiary Ark Insurance Holdings Limited. Co.'s specialty insurance distribution business is conducted through its subsidiary NSM Insurance HoldCo, LLC. Co. also provides capital solutions for asset management firms.

WTM SEC Filing Email Alerts Service


Open the WTM Page at The Online Investor »

Company Name: 
White Mountains Insurance Group Ltd
Stock buyback: 
WTM buyback
Website: 
www.whitemountains.com
Sector: 
Insurance Brokers
Number of ETFs Holding WTM: 
32
Total Market Value Held by ETFs: 
$372.62M
Total Market Capitalization: 
$3.75B
% of Market Cap. Held by ETFs: 
9.95%
 

Open the WTM Page at The Online Investor (in a new window) »

Quotes delayed 20 minutes

Email EnvelopeFree WTM Email Alerts:
Get SEC Filing Alerts
Get Dividend Alerts

Hold (2.00 out of 4)
100th percentile
(ranked higher than approx. 100% of all stocks covered)

Analysts' Target Price:
WTM Stock Forecast

Based on Zacks ABR data;
powered by Xignite

Insurance Brokers M&A - Slide 45 of 100 Page | www.TheOnlineInvestor.com

Copyright © 1998 - 2022, All Rights Reserved
Nothing in The Online Investor is intended to be investment advice, nor does it represent the opinion of, counsel from, or recommendations by BNK Invest Inc. or any of its affiliates, subsidiaries or partners. None of the information contained herein constitutes a recommendation that any particular security, portfolio, transaction, or investment strategy is suitable for any specific person. All viewers agree that under no circumstances will BNK Invest, Inc,. its subsidiaries, partners, officers, employees, affiliates, or agents be held liable for any loss or damage caused by your reliance on information obtained. By visiting, using or viewing this site, you agree to the following Full Disclaimer & Terms of Use and Privacy Policy. Video widget and stock market videos powered by Market News Video. Quote data delayed at least 20 minutes; data powered by Ticker Technologies, and Mergent. Contact The Online Investor; Meet Our Editorial Staff.