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.
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