Ark renews Outrigger Re on similar terms to 2024

White Mountains Insurance Group’s specialty P&C re/insurance subsidiary, Ark Insurance Holdings Limited, has renewed Outrigger Re Ltd. for business incepted during the calendar year 2025 on similar terms as were in effect for the calendar year 2024.

As with last year, the reinsurance sidecar Outrigger Re has entered into a quota share with Ark to provide collateralized reinsurance protection on a portion of Ark Bermuda’s global property catastrophe portfolio beginning on January 1, 2025.

Outrigger Re reportedly received $230 million of total investor capital for January 1, including $150 million from White Mountains, with the remaining capital provided by continuing third-party investors.

For those unaware, a reinsurance sidecar is a financial structure established to allow investors to take on the risk and benefit from the return of specific books of insurance or reinsurance business.

You can learn more about Outrigger Re in the reinsurance sidecar directory of our sister publication, Artemis, which provides detailed insights into collateralized reinsurance sidecar structures, including launches and renewals by year.

It features information on the sidecar sponsors, the classes of insurance and reinsurance business included, the size of the collateralized sidecars (where available), and links to related articles on Artemis.

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