White Mountains Re Names New Execs

August 8, 2006

Bermuda-based White Mountains Re, Ltd., the reinsurance unit of the White Mountains Insurance Group, announced several senior management appointments as follows:

“Chuck Chokel, previously Managing Director and General Auditor at White Mountains Insurance Group, Ltd. has become Managing Director and Chief Financial Officer at White Mountains Re and will be responsible for all financial functions for the reinsurance unit.

“Mike Tyburski has been appointed President of White Mountains Re Services, Inc., the reinsurance organizations’ unit that provides a broad range of administrative and functional services across the group, throughout the world. Mike was previously a Managing Director at White Mountains Re.

“Christine Repasy has joined the reinsurance group as a managing Director and will serve as General Counsel. Previously, Christine was Associate General Counsel of White Mountains Insurance Group and Director of Litigation.

“Bill Hunter has joined the reinsurance organization as a Managing Director and will assume broad operational and marketing responsibilities including Enterprise Risk Management. Previously, Bill has held executive roles at companies in both the reinsurance and information technology sectors, and spent a number of years as a management consultant with McKinsey and Company, Inc.”

President and CEO Tom Hutton commented: “We are thrilled to have attracted such high caliber executives to the management team at White Mountains Re. In our industry, the greatest competitive advantages stem from people and intellectual capital. This group will provide us with a tremendous boost, and will set a high standard across the company.”

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