White Mountains Insurance Group conducts its business primarily in four areas: municipal bond insurance, 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. (collectively, HG Global). HG Global funds the startup of and provides reinsurance to Build America Mutual Assurance Company, a mutual municipal bond insurance company. Co.'s specialty insurance distribution business is conducted through its subsidiary NSM Insurance HoldCo, LLC and its subsidiaries. Co. provides capital solutions for asset management firms. The WTM stock yearly return is shown above.
The yearly return on the WTM stock yearly return page and across the coverage universe of our site,
is a measure of the annual return over the calendar year 2015 for the given stock.
When performing this calculation it is important to factor in dividends, because a financial instrument's annual return is
more than just the change in price if that instrument pays a dividend or coupon.
One way to factor dividends into the return is simply to count them as cash — we don't do
that here. Instead, our website aims to empower investors
by performing the WTM annual return calculation with any dividends reinvested as applicable (on ex-dates).
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