Kensil to Replace Retiring Chokel as White Mountains Re CFO

December 17, 2008

Bermuda-based White Mountains Re Ltd., the reinsurance unit of White Mountains Insurance Group, announced that CFO Chuck Chokel would retire from full-time work at the end of the year. He has agreed to remain a risk assessment advisor to White Mountains.

Ray Barrette, Chairman & CEO of White Mountains, commented, “Over the last 7 years Chuck has filled many roles within our ever changing organization. He has demonstrated his broad range of talents and has earned the respect of the board and management team. We thank him for his flexibility and contributions. We are glad that he has agreed to remain as an advisor on risk management, an area where he has demonstrated much insight and wisdom over the years.”

Brian Kensil will be assuming the White Mountains Re Chief Financial Officer position. He was president of White Mountains Re Services, LLC, the service organization within WMRe.

Dan Wilson, currently Senior Vice President of Claims at White Mountains Re America, will become President of White Mountains Re Services LLC, succeeding Brian Kensil. Ron Henry will succeed Dan Wilson.

Allan Waters, President and CEO of White Mountains Re, commented: “Chuck has made a huge contribution to the reinsurance group as CFO and has been a valued senior partner of White Mountains in prior roles. We wish Chuck all the best in his new endeavors.

“Brian has been working closely with Chuck and will be able to undertake a seamless transition into his new role. Dan Wilson has a long tenure with White Mountains Re America and has done an outstanding job as the head of the claims team. He has a great knowledge of the organization and the Services team will benefit from his leadership.”

Source: White Mountains Re – www.whitemountains.com

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