UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
FORM 11-K
(Mark One)
|X| Annual report pursuant to Section 15(d) of the Securities Exchange Act of
1934 For the fiscal year ended December 31, 2001
OR
|_| Transition report pursuant to Section 15(d) of the Securities Exchange
Act of 1934 For the transition period from ___________ to ___________
Commission file number 1-8993
A. Full title of the plan and the address of the plan, if different from
that of the issuer named below:
ONEBEACON INSURANCE SAVINGS PLAN
One Beacon Street
Boston, Massachusetts 02108
B. Name of issuer of the securities held pursuant to the plan and the
address of its principal executive office:
WHITE MOUNTAINS INSURANCE GROUP, LTD.
28 Gates Street
White River Junction, Vermont 05001-7066
(802) 295-4500
EXPLANATORY NOTE
This Annual Report on Form 11-K is being filed so that it may be
incorporated by reference into a Registration Statement on Form S-8 which White
Mountains Insurance Group, Ltd. is filing with respect Common Shares, $1.00 par
value per share, of White Mountains Insurance Group, Ltd. issuable under the
Plan.
INFORMATION FILED
The following financial statements and exhibit are filed with, and
included in, this Report:
A. Financial statements for the Plan consisting of:
1. Report of Independent Accountants;
2. Statements of Net Assets Available for Plan Benefits as of
December 31, 2001 and 2000;
3. Statements of Changes in Net Assets Available for Plan Benefits
for the years ended December 31, 2001 and 2000;
4. Notes to Financial Statements;
5. Schedule of Assets Held at End of Year as of December 31, 2001;
and
B. Consent of Independent Accountants
SIGNATURES
THE PLAN. Pursuant to the requirements of the Securities Exchange Act of 1934,
the trustees (or other persons who administer the employee benefit plan) have
duly caused this annual report to be signed on its behalf by the undersigned,
thereunto duly authorized.
ONEBEACON INSURANCE
SAVINGS PLAN (the "Plan")
Date: June 26, 2002 By: /s/ JAMES J. RITCHIE
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Title: Chief Financial Officer
of One Beacon Insurance Company
(the Plan Administrator)
and Member of the Benefits Committee
EXHIBIT INDEX
EXHIBIT NUMBER DESCRIPTION
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(A) Financial statements for the Plan consisting of:
1. Report of Independent Accountants;
2. Statement of Net Assets Available For Plan Benefits as
of December 31, 2001 and 2000;
3. Statement of Changes in Net Assets Available for Plan
Benefits for the years ended December 31, 2001 and
2000;
4. Notes to Financial Statements;
5. Schedule of Assets Held at End of Year as of December
31, 2001; and
(B) Consent of Independent Accountants