Our Track Record
Financial Strength
Our parent companies – White Mountains Insurance Group and White Mountains Re – have the capital strength necessary to succeed in this business and are internationally known leaders in the industry with a history of successfully completing many insurance and reinsurance company acquisitions.
Prior Acquisitions
Since our formation in 2001 White Mountains Re Solutions has closed six acquisitions:
- C-F Insurance Company (2001)
- A California domiciled runoff insurance company purchased from the California Farm Bureau Federation and Conservation & Liquidation Office of the California Insurance Department.
- Imperial Casualty and Indemnity Company (2002)
- A Nebraska domiciled runoff insurance company purchased from British Petroleum Company North America.
- Sierra Insurance Group Companies (2004)
- Four workers' compensation companies purchased from Nevada based Sierra Health Services, Inc.
- Tryg-Baltica Forsikring International (2004)
- A Danish reinsurance company purchased from Tryg Vesta Group of Denmark.
- Mutual Service Casualty Insurance Company (2006)
- A Minnesota domiciled mutual insurer which we converted to a stock company and then purchased. After closing we renamed Mutual Service Casualty Insurance Company to Stockbridge Insurance Company.
- Central National Insurance Company of Omaha (2010)
- A Nebraska domiciled runoff insurance company purchased from Drum Financial Corporation.
We have also sold four statutory risk bearing companies we had previously acquired:
- Imperial Casualty and Indemnity (2003)
- A Nebraska domiciled company licensed in 41 states and the District of Columbia was sold to a Texas based investment group.
- California Indemnity Insurance Company (2005)
- A California domiciled company licensed in 29 states and the District of Columbia was sold to a Texas based investment group.
- Stockbridge Insurance Company (2007)
- A Minnesota domiciled company licensed in 46 states and the District of Columbia was sold to a Bermuda based insurance group.
- Commercial Casualty Insurance Company (2008)
- A California domiciled company licensed in 34 states and the District of Columbia.