White Mountains Insurance Group Ltd..
WTM.US | Activities of holding companies
White Mountains Insurance Group, Ltd. is a financial services holding company. The company operates through various segments including insurance, reinsurance, and other financial services. Its insurance operations involve providing property and casualty insurance. The reinsurance segment offers rein...Show More
Better Health for All
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No specific, concrete data points were found in the provided articles to assess White Mountains Insurance Group Ltd. against the 'Better Health for All' ethical value. Information regarding the net health effect of its products, harmful revenue share, safety record, price accessibility, vulnerable reach, risk transparency related to health, health innovation investment, health externalities, health equity programs, healthcare workforce support, preventative health measures, healthcare data responsibility, global health crisis response, mental health initiatives, pharma patent flexibility, nutrition and food safety, healthcare education, addiction mitigation, or clinical trial ethics was not available or not applicable to the company's operations as described. Employee assistance programs are excluded as they pertain to workplace benefits, not external health impact.
Fair Money & Economic Opportunity
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The provided articles discuss White Mountains Insurance Group's (WTM.US) role as a capital partner to Kudu Investment Management
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. Kudu, in turn, invests in other asset managers like Variant Investments
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and Creation Investments
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. While these invested firms (Variant and Creation) have strategies or funds focused on financial inclusion
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, micro-lending
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, or supporting small businesses
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, this evidence pertains to the operations of those third-party firms, not directly to WTM.US's own financial services, insurance, or lending practices. The articles do not provide specific, concrete data points for WTM.US or its direct subsidiaries regarding underserved client share, pricing fairness, exploitative fees, inclusion initiatives within its own operations, data accessibility, fair lending compliance, wealth building outcomes, profit reinvestment, financial literacy, debt burden, geographic inclusion, or product simplicity. Therefore, all KPIs are omitted due to a lack of direct evidence pertaining to WTM.US's direct operations.
Fair Pay & Worker Respect
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In 2023, the company's CEO pay ratio was 102:1
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, with the CEO receiving $7,577,001
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and the median employee earning $74,443
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. No quantitative data is available regarding living wage coverage, collective bargaining share, safety incident rates, pay equity ratios, worker engagement scores, employee turnover rates, labor violation incidents, insecure contract share, or health insurance coverage.
Fair Trade & Ethical Sourcing
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White Mountains Insurance Group Ltd. is a financial services holding company.
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The 'Fair Trade & Ethical Sourcing' value primarily assesses the sourcing of physical commodities and related supply chain practices. Given the company's nature, KPIs such as fair trade certification, supply chain audit frequency, forced/child labor incidents, supply chain traceability, remediation speed for sourcing violations, ethical sourcing clauses in supplier contracts, and spend on high-risk materials are not applicable to its core operations. The provided articles confirm a lack of specific quantitative data for all requested metrics.
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Supplier diversity spend is omitted due to the absence of specific quantitative evidence.
3
Honest & Fair Business
0
The provided articles offer general information about White Mountains' risk management framework and corporate governance structure. However, they do not contain specific, quantitative data points required to assess performance against any of the 'Honest & Fair Business' KPIs. There is no explicit evidence regarding regulatory fines
1
, transparency index scores
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, the strength or enforcement details of whistleblower or anti-corruption policies
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, financial restatements
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, audit coverage percentages
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, ESG controversy scores
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, complaint resolution times
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, the percentage of conflict-free board members
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, or the extent of third-party verification of ethical claims
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. Therefore, no KPIs can be scored based on the available evidence.
Kind to Animals
0
White Mountains Insurance Group, a financial services holding company, and its subsidiary Embrace Pet Insurance, operate in sectors that do not involve animal testing, animal agriculture, or the use of animal-derived ingredients. Embrace Pet Insurance has a stated policy of "No Animal Testing" as a product and activity.
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The company supports animal welfare through charitable giving and volunteerism. In 2024, Embrace Pet Insurance raised $788,000 for over 140 nonprofit organizations, with employees volunteering 3,025 hours.
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In 2023, it generated $506,000 for nonprofits, providing support to more than 2,500 animals.
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Embrace Pet Insurance partnered with Best Friends Animal Society to cover adoption fees for cats and dogs from November 1 to December 31, 2022,
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and donated $20,000 to Rescue Village in December 2023, covering adoption fees and medical costs for 112 animals.
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No War, No Weapons
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No specific, concrete evidence was found in the provided articles to assess White Mountains Insurance Group Ltd. against any of the 'No War, No Weapons' key performance indicators. The articles primarily discuss an acquisition in specialty property & casualty insurance
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and general ESG commitments,
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without detailing any involvement in arms manufacturing, military contracts, dual-use technologies, sales to sanctioned regimes, peacebuilding initiatives, or related policies and oversight.
Planet-Friendly Business
0
The provided articles do not contain specific quantitative data or concrete actions related to White Mountains Insurance Group Ltd.'s direct environmental footprint or performance against the Planet-Friendly Business KPIs. The information primarily discusses the company's general ESG commitment
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and its subsidiaries' activities in green finance (BAM GreenStar initiative)
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and renewable energy insurance (Ark division)
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. No data on emissions, renewable energy use, water consumption, waste, certifications, or specific climate targets for the company's own operations is available.
Respect for Cultures & Communities
0
The provided articles do not contain specific, quantitative data points relevant to White Mountains Insurance Group Ltd.'s respect for cultures and communities. Information regarding formal partnerships, community reinvestment, cultural appropriation incidents, impact assessment protocols, local employment, grievance mechanisms, FPIC processes, community governance inclusion, cultural preservation investment, local procurement, indigenous suppliers, cultural site protection, social license, charitable giving to cultural organizations, community fund allocation, language inclusivity, cultural incident response, or cultural sensitivity training is not available. The articles primarily focus on general ESG risk management
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, climate change
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, and human capital diversity
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without providing metrics specific to cultural and community engagement.
Safe & Smart Tech
-10
White Mountains Insurance Group invested $8.2 million in cybersecurity infrastructure in 2023.
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, which represents 0.5857% of its $1.4 billion total revenues for the same year.
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The parent company and the vast majority of its operating businesses maintain no customer data.
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The company demonstrates compliance with a wide range of cybersecurity and privacy regulations, including the CCPA (last audited December 2023), GDPR (last audited November 2023), HIPAA (last audited January 2024), New York Department of Financial Services regulations, UK Data Protection Act, UK GDPR, and Bermuda's Insurance Sector Operational Cyber Risk Management Code of Conduct.
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Zero Waste & Sustainable Products
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No specific, quantitative data points related to waste diversion rates, product recyclability, packaging sustainability, single-use plastic reduction, take-back programs, circular design, waste reduction initiatives, hazardous waste management, product durability, repairability, waste audits, zero waste certification, waste disposal violations, material efficiency, packaging-to-product ratio, waste reduction targets, supplier waste requirements, or customer waste education were found in the provided articles for White Mountains Insurance Group Ltd. The articles primarily focus on climate change initiatives and general ESG commitments, which do not contain the detailed information required for these metrics.
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