Reinsurance News
Ark Syndicate Management
White Mountains pulls commitment to invest $200mn in Ark
14th September 2021
White Mountains and Ark have together decided to terminate a commitment to invest $200 million of additional capital into Ark, following White Mountains’ acquisition of the company last year. Ark manages syndicates 4020 and 3902 at Lloyd’s, which underwrite a mix of reinsurance and insurance business, including property, accident & ... Read the full article
White Mountains to acquire majority stake in Ark
1st October 2020
Bermuda domiciled financial services holding company White Mountains Insurance Group has revealed plans to acquire a majority stake in Ark Insurance Holdings Ltd, the parent company of Ark Syndicate Management Limited. Ark manages syndicates 4020 and 3902 at Lloyd's, which underwrite a mix of reinsurance and insurance business, including property, accident ... Read the full article
PartnerRe to transfer Upstream Energy insurance portfolio to Ark Syndicate
8th March 2018
PartnerRe has announced a collaboration with Ark Syndicate Management Limited (ASML) that sees the reinsurer's Upstream Energy insurance portfolio transfer to ASML Syndicate NOA 3902. The new, strategic agreement relates to applicable policies incepting and written on or after January 1st, 2018, alongside renewal rights for policies renewing subsequent to that ... Read the full article
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