| Date | News Releases | | | 05/03/10 | OneBeacon Announces Cash Tender Offer for Its 5.875% Senior Notes Due 2013| HAMILTON, Bermuda, May 3, 2010 /PRNewswire via COMTEX/ --OneBeacon Insurance Group, Ltd. (NYSE: OB) announced today that its indirect wholly-owned subsidiary, OneBeacon U.S. Holdings, Inc. ("OBH"), formerly known as Fund American Companies, Inc., has commenced a cash tender offer (the "Offer") for up to $200 million in aggregate principal amount (the "Maximum Tender Amount") of its 5.875% Senior Notes due 2013 (CUSIP 36077BAA5) (the "Notes"). The Notes are irrevocably and unconditionally guarant... |
|  | | 04/29/10 | OneBeacon Reports $14.82 Book Value Per Share| HAMILTON, Bermuda, April 29, 2010 /PRNewswire via COMTEX/ --OneBeacon Insurance Group, Ltd. (NYSE: OB) today reported book value per share of $14.82 for the first quarter, consistent with book value as of December 31, 2009, including dividends.
Mike Miller, CEO of OneBeacon, said, "While our overall result is disappointing, it is primarily driven by the March catastrophe losses in the Northeast and other losses associated with businesses we are exiting. Our Specialty Lines results were solid, ... |
|  | | 04/26/10 | OneBeacon to Participate in White Mountains Annual Investor Information Meeting on May 18| HAMILTON, Bermuda, April 26, 2010 /PRNewswire via COMTEX/ --OneBeacon Insurance Group, Ltd. (NYSE: OB) today announced that CEO Mike Miller will participate in White Mountains Insurance Group, Ltd.'s annual investor information meeting on Tuesday, May 18. The meeting details are noted below:
Date: Tuesday, May 18, 2010
Time: 10:00 a.m. ET
Place: The Westin New York at Times Square
Gershwin Ballroom
270 West... |
|  | | 04/21/10 | OneBeacon Releases Preliminary Estimates of First Quarter 2010 Underwriting Results| HAMILTON, Bermuda, April 21, 2010 /PRNewswire via COMTEX/ --OneBeacon Insurance Group, Ltd. (NYSE: OB) estimates that its first quarter GAAP combined ratio will be 112%, including approximately $44 million, or 10 points, of pretax catastrophe losses primarily associated with March Northeast U.S. storms. Of the estimated $44 million of current accident year catastrophe losses, roughly $10 million were incurred in its ongoing Specialty Lines business. OneBeacon estimates that its first quarter Spe... |
|  | | 03/29/10 | OneBeacon Introduces Construction @vantage(R)| Policy combines coverage for property, equipment breakdown, crime, contractors equipment, builders risk, installation
CANTON, Mass., March 29, 2010 /PRNewswire via COMTEX/ --Construction contractors face particular challenges, including constantly changing job-site conditions, deadlines, weather and transient workforces. Then there are the physical hazards such as property damage and theft. With a thorough understanding of the construction business' unique needs, OneBeacon Insurance Group (N... |
|  | | 03/29/10 | OneBeacon Schedules First Quarter 2010 Earnings Release and Webcast| HAMILTON, Bermuda, March 29, 2010 /PRNewswire via COMTEX/ --OneBeacon Insurance Group, Ltd. (NYSE: OB) will review its first quarter 2010 results via live Webcast at 10:00 a.m. ET on Thursday, April 29, 2010, following its earnings release earlier that morning. The slide presentation that will be referenced during the call, the news release and a financial supplement will be available on the company's Web site: www.onebeacon.com. An audio playback of the Webcast will be available on the site sho... |
|  | | 03/16/10 | OneBeacon Insurance Encourages Businesses to Protect Against Flood Damage| CANTON, Mass., March 16, 2010 /PRNewswire via COMTEX/ -- As spring rains arrive and accumulated winter snow melts, many areas of the United States may experience significant flooding. OneBeacon Insurance (NYSE: OB) urges business owners to take proactive steps to protect their property, employees and operations from floods through the following actions:
Before A Flood
Know if your property is in a floodplain, and determine its elevation and location relative to local water sources. If it ... |
|  | | 03/02/10 | OneBeacon Professional Insurance Introduces New Technology Errors & Omissions Coverage| CANTON, Mass., March 2, 2010 /PRNewswire via COMTEX/ -- OneBeacon Professional Insurance (OBPI), a member of OneBeacon Insurance Group (NYSE: OB), today announced a new Technology Errors & Omissions (E&O) product targeted to technology firms, including application service providers, software developers, technology consulting firms, and companies involved in systems integration and maintenance.
Said David Molitano, OneBeacon Professional Insurance's Vice President of Technology E&O,... |
|  | | 02/25/10 | OneBeacon Declares First Quarter Dividend| HAMILTON, Bermuda, Feb 25, 2010 /PRNewswire via COMTEX/ -- At its regular meeting held on February 24, 2010, the OneBeacon Insurance Group, Ltd. (NYSE: OB) Board of Directors declared a $0.21 per share quarterly dividend, payable in cash on March 31, 2010, to holders of record of Common Shares as of the close of business on March 17, 2010.
About OneBeacon: OneBeacon Insurance Group, Ltd. is a Bermuda-domiciled holding company that is publicly traded on the New York Stock Exchange under the sym... |
|  | | 02/03/10 | OneBeacon Reports $15.03 Book Value Per Share| HAMILTON, Bermuda, Feb 03, 2010 /PRNewswire via COMTEX/ -- OneBeacon Insurance Group, Ltd. (NYSE: OB) today reported book value per share of $15.03, an increase of 5.5% for the fourth quarter and 30.6% through twelve months, including dividends.
Mike Miller, CEO of OneBeacon, said, "We are pleased with our performance on every front in 2009. We finished the year with strong results, including 31% growth in book value and a 94% GAAP combined ratio for both the quarter and the full year. Investm... |
|  | | 02/02/10 | OneBeacon Agrees To Sell Personal Lines Business| CANTON, Mass., Feb 02, 2010 /PRNewswire via COMTEX/ -- OneBeacon Insurance Group (NYSE: OB) today announced that it has entered into a definitive agreement to sell its Personal Lines business to Tower Group, Inc. (Nasdaq: TWGP). The transaction will include two insurance companies containing the personal lines business, and two attorneys-in-fact managing the reciprocal insurance exchanges which write the personal lines business in New York and New Jersey. Net written premiums for the affected bo... |
|  | | 01/29/10 | OneBeacon Community Donates $71,000 to Support Haitian Relief Efforts| CANTON, Mass., Jan 29, 2010 /PRNewswire via COMTEX/ -- In recognition of the continued need for aid in Haiti, the OneBeacon Charitable Trust has announced a donation of $48,000 allocated to five nonprofit organizations assisting in the ongoing humanitarian relief efforts-- the American Red Cross, Doctors Without Borders, Habitat for Humanity, Partners in Health and UNICEF.
The contribution consists of a $5,000 donation to each organization as well as a dollar-for-dollar match of the $23,000 do... |
|  | | 01/13/10 | OneBeacon Insurance Urges Property Owners to Avoid Snow-Related Building Collapses| CANTON, Mass., Jan 13, 2010 /PRNewswire via COMTEX/ -- The winter of 2009/2010 has already deposited significant amounts of snow and ice across much of the country. With at least two months of winter left, OneBeacon Insurance (NYSE: OB) recommends that property owners take the following steps to prevent their commercial buildings and houses from collapsing under the weight of snow and ice:
Before A Storm
Review the roof's design to be certain it can support the weight of snow, ice and water... |
|  | | 01/05/10 | OneBeacon Schedules Fourth Quarter and Full-Year 2009 Earnings Release and Webcast| HAMILTON, Bermuda, Jan 05, 2010 /PRNewswire-FirstCall via COMTEX/ -- OneBeacon Insurance Group, Ltd. (NYSE: OB) will review its fourth quarter and full-year 2009 results via live Webcast at 10:00 a.m. ET on Wednesday, February 3, 2010, following its earnings release earlier that morning. The slide presentation that will be referenced during the call, the press release and a financial supplement will be available on the company's Web site: www.onebeacon.com. An audio playback of the Webcast will ... |
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