OneBeacon Insurance Group, Ltd. (the Company or the Registrant), an exempted
Bermuda limited liability company, through its subsidiaries (collectively,
OneBeacon, we, us, or our) is a specialty property and casualty insurance writer
that offers a wide range of insurance products in the U.S. primarily through
independent agencies, regional and national brokers, wholesalers and managing
general agencies. As a specialty underwriter, we believe that we will generate
superior returns compared to an underwriter that takes a more "generalist"
underwriting approach and that our knowledge about specialized insurance
products, targeted industries, classes of business, risk characteristics and
limited number of specialized competitors provides us with a competitive edge
when determining terms and conditions on individual accounts.
Historically, we offered a range of specialty, commercial and personal products