WHITE MOUNTAINS INSURANCE GROUP LTD — Director's Dealing 2016

May 27, 2016

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: WHITE MOUNTAINS INSURANCE GROUP LTD (WTM)
CIK: 0000776867
Period of Report: 2016-05-25

Reporting Person: Frinquelli Angelo Michael (Director)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2016-05-25	Common Shares	A	250	—	Acquired	1391	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Shares	700	Indirect
Common Shares	100	Indirect
Common Shares	300	Indirect

Footnotes

F1: Annual Director Share Award

F2: Reporting Person is the controlling shareholder of Renaissance Fund Advisors Inc. and disclaims beneficial ownership of the WTM Common Shares held by Renaissance Fund Advisors Inc. except to the extent of his pecuniary interest therein.