White Mountains Insurance Group, Ltd (NYSE:WTM) reported an adjusted book value per share of $441 at December 31, 2010, an increase of 3% for the fourth quarter of 2010 and 6% for the year, including dividends. Ray Barrette, Chairman and CEO, commented, “We had an OK year. Investment returns were decent given the conservative positioning of our portfolio.

Alleghany Corporation (NYSE: Y) recently announced that it has set the price for the public offering of $300 million of its 5.625% Senior Notes due September 15, 2020 (the “Senior Notes”).

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