White

White Mountains reports less income from Outrigger Re sidecar in 2024 amid elevated catastrophes – Go Health Pro

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White Mountains reports less income from Outrigger Re sidecar in 2024 amid elevated catastrophes – Go Health Pro

White Mountains has reported that for full year 2024, its investment into the Outrigger Re collateralized reinsurance sidecar, which supports its property and casualty insurance and reinsurance subsidiary Ark, delivered income of $46 million, down 33% on 2023 as catastrophe losses had a far greater impact.As we’ve discussed previously, White Mountains total commitment toward the … Read more

Trump White House confirms Canada, Mexico and China tariffs to enter into force on Saturday – Go Health Pro

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Trump White House confirms Canada, Mexico and China tariffs to enter into force on Saturday – Go Health Pro

US President Donald Trump, in the Oval Office of the White House in Washington, DC, on January 30, 2025. ROBERTO SCHMIDT / AFP President Donald Trump will impose tariffs on Saturday, February 1, on the United States’ three largest trading partners – Canada, Mexico and China – the White House said, sparking concern for global … Read more

Trump White House rescinds federal grant freeze after widespread chaos – Go Health Pro

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Trump White House rescinds federal grant freeze after widespread chaos – Go Health Pro

US President Donald Trump’s budget office on Wednesday rescinded an order freezing spending on federal grants, less than two days after it sparked widespread confusion and legal challenges across the country, according to two people familiar with the matter. The Monday evening order from the White House Office of Management and Budget sparked uncertainty over … Read more

Xi Jinping and Vladimir Putin reaffirm ties as Donald Trump returns to the White House – Go Health Pro

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Xi Jinping and Vladimir Putin reaffirm ties as Donald Trump returns to the White House – Go Health Pro

Chinese President Xi Jinping reaffirmed ties with his Russian counterpart Vladimir Putin on Tuesday, as the two face a more geopolitically assertive US government led by Donald Trump, who criticised the Kremlin’s war against Ukraine on the first day of his second term as president. On Monday, Trump’s return to the Oval Office was marked … Read more

White Mountains capitalised Bermuda collateralized reinsurer to support MGA Bamboo – Go Health Pro

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White Mountains capitalised Bermuda collateralized reinsurer to support MGA Bamboo – Go Health Pro

Earlier this year, White Mountains committed up to $30 million in capital for a Bermuda-based collateralized reinsurance structure that provides sidecar-like support to its California homeowners managing general agent (MGA) Bamboo.Back in 2020, White Mountains Insurance Group entered into an agreement to acquire a majority stake in Bamboo, an MGA platform and provider of homeowners’ … Read more

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