WHITE MOUNTAINS INSURANCE GROUP LTD — Director's Dealing 2011

Dec 21, 2011

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: WHITE MOUNTAINS INSURANCE GROUP LTD (WTM)
CIK: 0000776867
Period of Report: 2011-12-19

Reporting Person: Frinquelli Angelo Michael (Director)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2011-12-19	Common Shares	P	100	$423.60	Acquired	500	Indirect

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Shares	641	Direct
Common Shares	100	Indirect
Common Shares	300	Indirect

Footnotes

F1: Also reflects transfer of shares previously held directly to children's trust (indirectly)

F2: Reporting Person is the sole shareholder of Renaissance Fund Advisors Inc.