HANOVER, N.H. (AP) — HANOVER, N.H. (AP) — White Mountains Insurance Group Ltd. (WTM) on Friday reported a loss of $130.4 million in its fourth quarter.
On a per-share basis, the Hanover, New Hampshire-based company said it had a loss of $50.78. Earnings, adjusted for investment costs, came to $12.44 per share.
The insurer posted revenue of $358 million in the period. Its adjusted revenue was $570.9 million.
For the year, the company reported profit of $230.4 million, or $89.79 per share. Revenue was reported as $2.15 billion.
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