WTM

Reid T. Campbell Elected to the White Mountains Board

Retrieved on: 
Friday, February 23, 2024
White Mountains Insurance Group, WTM, Knowledge, Retirement, Management

HAMILTON, Bermuda, Feb. 23, 2024 /PRNewswire/ -- The Board of Directors of White Mountains Insurance Group, Ltd. (NYSE: WTM) has elected Reid T. Campbell as a director of the Company.

Key Points: 
  • HAMILTON, Bermuda, Feb. 23, 2024 /PRNewswire/ -- The Board of Directors of White Mountains Insurance Group, Ltd. (NYSE: WTM) has elected Reid T. Campbell as a director of the Company.
  • Mr. Campbell's election to the Board follows his retirement as President of the Company after a distinguished thirty-year career at White Mountains.
  • CEO Manning Rountree said, "I thank Reid for the substantial value he has created for shareholders over many years as a key member of the White Mountains management team.
  • And I welcome Reid to our Board of Directors, where we will continue to benefit from his knowledge and expertise."

ZACHARY MATTLER JOINS WHITE MOUNTAINS PARTNERS AS PRINCIPAL

Retrieved on: 
Monday, February 12, 2024
White Mountains Insurance Group, Bank, Harvest Partners, White Mountains, Family, Partner (business rank), WTM, Bank of America, Partner

NEW YORK, Feb. 12, 2024 /PRNewswire/ -- White Mountains Partners announced today that Zachary ("Zack") Mattler has joined its founding team as a Principal.

Key Points: 
  • NEW YORK, Feb. 12, 2024 /PRNewswire/ -- White Mountains Partners announced today that Zachary ("Zack") Mattler has joined its founding team as a Principal.
  • Prior to joining White Mountains Partners, Zack was a Vice President at J.F.
  • Zack will play an important role in building White Mountains Partners into a patient and flexible capital partner to family, founder, and entrepreneur-owned businesses."
  • White Mountains Partners is a wholly-owned business unit of White Mountains Insurance Group, Ltd. (NYSE: WTM) and provides first institutional capital to family, founder, and entrepreneur-owned businesses in the essential services, light industrial and specialty consumer sectors.

Colombia Will Showcase at FITUR 2024 Why it is The Country of Beauty

Retrieved on: 
Tuesday, December 26, 2023
Petro, Pavilion, Ministry (collective executive), Cultural diversity, ProColombia, Edelweiss Air, Dolphin, Tourism, Commerce, Beauty, Ministry, WTM, Growth, LATAM Airlines Group, Environment

The delegation is led by the Ministry of Commerce, Industry, and Tourism and accompanied by ProColombia, aiming to showcase the best of its offerings.

Key Points: 
  • The delegation is led by the Ministry of Commerce, Industry, and Tourism and accompanied by ProColombia, aiming to showcase the best of its offerings.
  • This participation is part of the launch of its new Country Brand narrative, 'Colombia, the country of beauty,' which encompasses various dimensions such as natural landscapes, cultural diversity, gastronomic richness, and the warmth of its people.
  • It conveys a unified message promoting a destination of authentic and transformative experiences with the ability to attract international travelers.
  • In 2022, Colombia welcomed 4.6 million international travelers, marking its best year for the market, surpassing 2019 figures by 1.7%.

White Mountains Renews Lead Commitment in Ark-Sponsored Reinsurance Sidecar

Retrieved on: 
Thursday, December 21, 2023
White Mountains Insurance Group, Calendar, Insurance, WTM, Reinsurance

HAMILTON, Bermuda, Dec. 21, 2023 /PRNewswire/ -- White Mountains Insurance Group, Ltd. (NYSE: WTM) ("White Mountains") announced today that Ark Insurance Holdings Limited ("Ark"), its specialty property and casualty reinsurance and insurance subsidiary, has renewed Outrigger Re Ltd. ("Outrigger") for business incepted during calendar year 2024.

Key Points: 
  • HAMILTON, Bermuda, Dec. 21, 2023 /PRNewswire/ -- White Mountains Insurance Group, Ltd. (NYSE: WTM) ("White Mountains") announced today that Ark Insurance Holdings Limited ("Ark"), its specialty property and casualty reinsurance and insurance subsidiary, has renewed Outrigger Re Ltd. ("Outrigger") for business incepted during calendar year 2024.
  • Outrigger has received $250 million of total investor capital for January 1, including $130 million from White Mountains.
  • Manning Rountree, Chief Executive Officer of White Mountains, said, "We are pleased to continue supporting Outrigger Re and the underwriting team at Ark.
  • We are pleased to see expanded investor interest in supporting Outrigger including White Mountains's ongoing lead commitment."

AM Best Affirms Credit Ratings of Group Ark Insurance Limited

Retrieved on: 
Friday, December 1, 2023
Other Professional Services, Professional Services, Insurance, White Mountains Insurance Group, WTM, ERM, Credit, Long-Term Capital Management, USD, AM Best, GAIL, Growth, Good, News, ALL, Reinsurance, Bank, Ark

AM Best has affirmed the Financial Strength Rating of A (Excellent) and the Long-Term Issuer Credit Rating of “a” (Excellent) of Group Ark Insurance Limited (GAIL) (Bermuda).

Key Points: 
  • AM Best has affirmed the Financial Strength Rating of A (Excellent) and the Long-Term Issuer Credit Rating of “a” (Excellent) of Group Ark Insurance Limited (GAIL) (Bermuda).
  • GAIL is a wholly owned subsidiary of Ark Insurance Holdings Limited (Ark), the non-operating holding company of the Ark group.
  • Concurrently, AM Best has affirmed the Long-Term Issue Credit Ratings (Long-Term IRs) on GAIL’s outstanding rated instruments.
  • For information on the proper use of Best’s Credit Ratings, Best’s Performance Assessments, Best’s Preliminary Credit Assessments and AM Best press releases, please view Guide to Proper Use of Best’s Ratings & Assessments .

BAHAMAS MINISTRY OF TOURISM, INVESTMENTS & AVIATION AT WORLD TRAVEL MARKET 2023

Retrieved on: 
Monday, November 20, 2023
WTM, Investment, Culture, Marketing, Island, Exhibition, Travel, Tourism, Aviation, The Bahamas

LONDON, Nov. 20, 2023 /PRNewswire/ -- The Bahamas Ministry of Tourism, Investments & Aviation (BMOTIA) showcased The Islands of The Bahamas in grand style at the World Travel Market (WTM) London 2023, held 6 – 8 November.

Key Points: 
  • LONDON, Nov. 20, 2023 /PRNewswire/ -- The Bahamas Ministry of Tourism, Investments & Aviation (BMOTIA) showcased The Islands of The Bahamas in grand style at the World Travel Market (WTM) London 2023, held 6 – 8 November.
  • BMOTIA's presence at this event signified a milestone in the ongoing commitment to promote The Bahamas as a premier travel destination.
  • The delegation, led by Latia Duncombe, Director General at The Bahamas Ministry of Tourism, Investments & Aviation, included members of the Bahamas Tourist Office in the United Kingdom and international team members specializing in sales, marketing and communications.
  • Reflecting on The Bahamas' 50 years of independence, Duncombe noted the country's achievements of economic growth and thriving social communities.

Trip.com Group's Inaugural WTM Showcase Highlights Surge in European Travel Market and AI-Driven Industry Transformation

Retrieved on: 
Wednesday, November 8, 2023
Trip, Intelligence, WTM, Trip.com Group, Growth, Transport, Travel, Meet the Future, Science & Technology Summit 2010, Globalization, Tourism

LONDON, Nov. 8, 2023 /PRNewswire/ -- In its first appearance at World Travel Market (WTM) 2023, Trip.com Group, a global leader in travel services, laid out its inroads into the European market and the transformative role of artificial intelligence.

Key Points: 
  • LONDON, Nov. 8, 2023 /PRNewswire/ -- In its first appearance at World Travel Market (WTM) 2023, Trip.com Group, a global leader in travel services, laid out its inroads into the European market and the transformative role of artificial intelligence.
  • The introduction of TripGenie, Trip.com Group's AI assistant, earlier this year marked a significant enhancement in the company's technology suite.
  • TripGenie has notably improved user engagement and conversion rates by personalising travel experiences and simplifying travel planning.
  • The company's active role at the event underscores its dedication to driving travel forward with innovative approaches and a deep understanding of the burgeoning European market.

The beauty of Colombia takes over London

Retrieved on: 
Friday, November 3, 2023
United Kingdom, Coffee, Piccadilly Circus, WTM, ProColombia, Rotation, Island, Ministry, Tourism, Beauty, Drug, Avianca

The launch of this promotional strategy will begin at Piccadilly Circus, the iconic screens in central London.

Key Points: 
  • The launch of this promotional strategy will begin at Piccadilly Circus, the iconic screens in central London.
  • From October 30th to November 5th, ProColombia will present its new country brand narrative, 'Colombia, the country of beauty,' in this prime location.
  • In addition to Piccadilly, we will take over 13 other strategic locations in London such as South Street Kensington, Canary Wharf, Westfield amongst others."
  • This activity will provide attendees with the opportunity to explore and enjoy the different types of speciality coffees from different regions of Colombia.

WHITE MOUNTAINS LAUNCHES WHITE MOUNTAINS PARTNERS

Retrieved on: 
Wednesday, October 25, 2023
Partner (business rank), Family, White Mountains Insurance Group, EBITDA, WTM, NYSE, White Mountains

HAMILTON, Bermuda, Oct. 25, 2023 /PRNewswire/ -- White Mountains Insurance Group, Ltd. (NYSE: WTM) today announced that it has launched White Mountains Partners ("WM Partners"), a new, wholly-owned business unit that will provide first institutional capital to family, founder, and entrepreneur-owned businesses in the essential services, light industrial, and specialty consumer sectors.

Key Points: 
  • HAMILTON, Bermuda, Oct. 25, 2023 /PRNewswire/ -- White Mountains Insurance Group, Ltd. (NYSE: WTM) today announced that it has launched White Mountains Partners ("WM Partners"), a new, wholly-owned business unit that will provide first institutional capital to family, founder, and entrepreneur-owned businesses in the essential services, light industrial, and specialty consumer sectors.
  • Manning Rountree, White Mountains' Chief Executive Officer, said, "We are pleased to launch WM Partners, which will extend White Mountains' long-term, value-oriented approach into additional attractive sectors.
  • John J. Daly, White Mountains Partners' CEO and Managing Partner, said, "I am excited to join White Mountains, and I am focused on building long-term value for its shareholders.
  • WM Partners is a wholly-owned business unit of White Mountains and will provide first institutional capital to family, founder, and entrepreneur-owned businesses in the essential services, light industrial and specialty consumer sectors.

WTM Digital & YDOP Digital Marketing Merge, Combining the Firms' Deep Digital Expertise and Team of Passionate Marketers

Retrieved on: 
Monday, August 21, 2023
SEO, Knowledge, Partnership, South Central Pennsylvania, YDOP, WTM

LANCASTER, Pa., Aug. 21, 2023 /PRNewswire/ -- WTM Digital and YDOP Digital Marketing, two award-winning digital marketing agencies, are proud to announce the merger of the firms. By joining forces, the companies combine their deep digital marketing expertise and passionate teams to bring their client partners an even higher level of value and service.

Key Points: 
  • LANCASTER, Pa., Aug. 21, 2023 /PRNewswire/ -- WTM Digital and YDOP Digital Marketing, two award-winning digital marketing agencies, are proud to announce the merger of the firms.
  • By joining forces, the companies combine their deep digital marketing expertise and passionate teams to bring their client partners an even higher level of value and service.
  • Mike Canarelli, CEO and founder of WTM Digital and owner of YDOP will serve as CEO.
  • YDOP is best known for its deep expertise in localized digital marketing efforts, helping hundreds of businesses grow with their unique approach to Near-User Marketing.