other material
confidence high
sentiment positive
materiality 0.65
White Mountains invests $125M in Bishop Street MGA platform
WHITE MOUNTAINS INSURANCE GROUP LTD
- White Mountains completed a $125M structured capital investment into Bishop Street Underwriters.
- Bishop Street is a RedBird Capital portfolio company and a diversified MGA platform.
- Bishop Street reported 2025 GWP exceeding $650M with a sub-50% portfolio loss ratio.
- White Mountains executives will join Bishop Street's board to support growth and M&A.
- Investment aims to accelerate Bishop Street's global footprint and organic expansion.