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White Mountains Insurance Group, Ltd. is a financial service holding company. The Company is engaged in the acquisitions of businesses and assets in the insurance, financial services and related sectors, operating these businesses and assets through its subsidiaries and disposing of these businesses and assets. The Company conducted its business primarily in five areas: municipal bond insurance, property and casualty insurance and reinsurance, specialty insurance distribution, capital solutions for asset management firms, and other operations.
Its municipal bond insurance business is conducted through its subsidiary HGGlobal Ltd. Its property and casualty insurance and reinsurance business are conducted through its subsidiary Ark Insurance Holdings Limited. Its specialty insurance distribution business is conducted through its subsidiary NSM Insurance HoldCo, LLC. It provides capital solutions for asset management firms through its subsidiary Kudu Investment Management, LLC. .