OneBeacon Insurance Group (OB) Misses Q3 EPS by 4c

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OneBeacon Reports $10.85 Book Value Per Share

July 27, 2015 8:08 AM EDT

HAMILTON, Bermuda, July 27, 2015 /PRNewswire/ -- OneBeacon Insurance Group, Ltd. (NYSE: OB) today reported book value per share of $10.85, reflecting an increase of 0.5% for the second quarter and  2.8% through the first six months of 2015, including dividends.

Mike Miller, CEO of OneBeacon, said, "We are pleased to report solid underwriting results for the second quarter and first half of the year. Through six months, we achieved 3% growth in book value and a 95% combined ratio. Investment results were slightly negative on an absolute basis, but solid on a relative basis, given the... More