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White Mountains Re Announces Management Changes -- Chokel to Retire and Remain Risk Advisor at WTM
Date:12/16/2008

(or loss), earnings (or loss) per share, dividends, market share or other financial forecasts;
  • expansion and growth of our business and operations; and
  • future capital expenditures.
  • These statements are based on certain assumptions and analyses made by White Mountains in light of its experience and perception of historical trends, current conditions and expected future developments, as well as other factors believed to be appropriate in the circumstances. However, whether actual results and developments will conform to our expectations and predictions is subject to a number of risks and uncertainties that could cause actual results to differ materially from expectations, including:

    • the risks associated with Item 1A of White Mountains' 2007 Annual Report on Form 10-K.
    • claims arising from catastrophic events, such as hurricanes, earthquakes, floods or terrorist attacks;
    • the continued availability of capital and financing;
    • general economic, market or business conditions;
    • business opportunities (or lack thereof) that may be presented to it and pursued;
    • competitive forces, including the conduct of other property and casualty insurers and reinsurers;
    • changes in domestic or foreign laws or regulations, or their interpretation, applicable to White Mountains, its competitors or its clients;
    • an economic downturn or other economic conditions adversely affecting its financial position;
    • recorded loss reserves subsequently proving to have been inadequate;
    • other factors, most of which are beyond White Mountains' control.

    Consequently, all of the forward-looking statements made in this press release are qualified by these cautionary statements, and there can be no
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    SOURCE White Mountains Insurance Group, Ltd.
    Copyright©2008 PR Newswire.
    All rights reserved

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