White Mountains reports earnings jump
White Mountains Insurance Group, the Bermudian (re)insurer, reported fourth quarter net income of $100m, up from a net loss of $213m at the same time in 2008.
Net income for the year rose to $470m, compared to a net loss of $555m in 2008.
Ray Barrette, White Mountains' chairman and CEO said: "We had a good year. We grew adjusted book value per share by 18%
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