OneBeacon Insurance Group, Ltd., will price its initial public offering of 24 million shares of its class A common stock at $25 per share.

OneBeacon, a subsidiary of Hamilton, Bermuda-based White Mountains Insurance Group, Ltd., said the shares will be listed on the New York Stock Exchange and trade under the symbol "OB" beginning Nov. 9.

OneBeacon will receive all of the expected proceeds from the offering, the company said.

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