Ark UW income nearly doubles to $49mn in Q3 despite $51mn Ian loss

Published: Tue 8 Nov 2022

White Mountains-owned (re)insurer Ark Insurance Group nearly doubled third quarter underwriting income to just shy of $49mn, and grew gross premiums written (GPW) by 33 percent to $216mn, in addition to improving its combined ratio by 2.7 points to 86.1 percent.