31 May 2016News

White Mountains elects directors at annual meeting

Bermuda-based White Mountains Insurance Group, has announced all proposals put forward at its Annual General Meeting of Members, have been approved.

The meeting was held on May 26, 2016.

These proposals included the election of Class I Directors to a term ending in 2019. These are: Morgan Davis; Lowndes Smith; and Gary Colman.

Election of directors of certain of the company's subsidiaries were also approved, as were amendments to the company's bye-laws to adopt majority voting for uncontested director elections.

Approval of the company's executive compensation and the appointment of PricewaterhouseCoopers as independent registered public accounting firm for 2016 were also agreed.

"We are once again gratified with the approval our owners have shown us by their vote,” said Ray Barrette, chairman and chief executive officer. “We will continue to strive to achieve results worthy of their confidence and on-going support."