Hutton Joins White Mountains’ Management Team as President, CEO

February 6, 2006

White Mountains Insurance Group Ltd. reported that Tom Hutton is joining White Mountains’ senior management team as president and chief executive officer of White Mountains Re Group Ltd. As CEO of White Mountains Re, Hutton will oversee the company’s global reinsurance operations.

Hutton spent the last five years providing management oversight and transaction services to private equity investors and their portfolio companies as a consultant, active board member, and investor, first as a venture partner with Trident Capital and then as managing partner of Thompson Hutton LLC. His primary focus has been in the financial services sector.

From 1990-2000, Hutton served as president and chief executive officer of Risk Management Solutions (RMS), a provider of catastrophe risk modeling software and services for the insurance and reinsurance industries throughout the world. Earlier, he was a management consultant at McKinsey and Company Inc. Currently, he is a director of two public companies, Safeco (SAFC) and Montpelier Re (MRH), and is a trustee of the Phillips Exeter Academy.

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