White Mountains says Ark wrote $270mn+ at 1.1 as profits surge on MediaAlpha investment

The rocketing post IPO share price of MediaAlpha means that the value of White Mountains’ remaining stake in the insurance-focused tech firm has jumped 40 percent to $1.13bn since the end of 2020, as the Bermudian also revealed its minority investment Ark wrote $270mn+ of GWP at the 1.1 renewal.

 

Want to read this article?

 

For details on how to subscribe or for all commercial opportunities, including advertising, please contact:

Andy Stone

Sales manager

+44 (0) 77 4160 9204

andy.stone@wbmediagroup.com

    Ricky Lamey

    Business development executive

    ricky.lamey@thomsonreuters.com