other material
confidence high
sentiment neutral
materiality 0.50
White Mountains renews Outrigger Re sidecar with $230M total capital for 2025
WHITE MOUNTAINS INSURANCE GROUP LTD
- Outrigger Re renewed on similar terms as 2024; quota share with Ark on global property catastrophe portfolio starting Jan 1, 2025.
- Total investor capital of $230M for Jan 1, 2025 renewals; White Mountains contributed $150M.
- Remaining $80M from continuing third-party investors; sidecar provides collateralized reinsurance protection.
- White Mountains is parent of Ark Insurance Holdings, the specialty P&C reinsurance subsidiary.