Genevieve buys Y 474.75: On July 27th WTM announced its sale of Sirius Group for 127% of its book value in cash.

Not only does WTM have shorter term bonds than these other companies, but WTM has been selling its insurance companies off whereas other insurance holding companies have been buying them and trying to consolidate. There are other cautious holding companies, such as Fairfax Financial Holdings (OTCPK: FRFHF ) and Alleghany Corporation (NYSE: Y ), but WTM has them beat in its paranoia. In my opinion, WTM is one of the most conservative and cautious insurance holding companies operating in the insurance space. WTM has also favored insurance lines that are short tail, as long tail lines can take many years for the claims to settle and are exposed to inflation risks. Large cash holdings are always on the books.


Tracey:
The investment management of WTM coincides with Barrette's viewpoint.

Estella:
He has voiced concerns with government debt, inflation and rising interest rates, which of course could bankrupt an insurance company if these scenarios happened sharply and unexpectedly.

Jodie:
Other times his statements are blatant, claiming that low interest rates and highly competitive insurance pricing do not offer insurance companies an adequate return for their risk exposure.

Vertie:
Barrette's comments are often times indirect by referring to the insurance market as highly competitive.

Letisha:
The CEO of White Mountains Insurance Group (NYSE: WTM ), Ray Barrette, has voiced concerns about the insurance industry and the general economic environment in his management reports over the last several years.

Charlotte:
The WTM management team is one of the few who are awake to the risks.

Goldie:
The insurance industry is not what it once was.

Rae:
On average, equities analysts expect that Alleghany will post $28.12 earnings per share for the current fiscal year.

Pattie:
The company had revenue of $1.30 billion for the quarter, compared to the consensus estimate of $1.13 billion.

Jennette:
Alleghany ( NYSE:Y ) traded up 0.11% during mid-day trading on Wednesday, reaching $485.05. The company had a trading volume of 551 shares.

Alleghany Corp. (NYSE:Y)
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