HANOVER, N.H. (AP) — HANOVER, N.H. (AP) — White Mountains Insurance Group Ltd. (WTM) on Thursday reported net income of $236.4 million in its first quarter.

The Hanover, New Hampshire-based company said it had profit of $92.33 per share. Earnings, adjusted for investment gains, were $86.04 per share.

The insurer posted revenue of $647.3 million in the period. Its adjusted revenue was $394.9 million.

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