White Mountains Q1 loss narrows to $74mn as investment result brightens
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White Mountains Q1 loss narrows to $74mn as investment result brightens

Anna Sagar
May 10, 2021
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White Mountains logo Bermuda.jpg

White Mountains reported an improved loss of $74mn in the first quarter of the year, up from a loss of $132mn in Q1 2020, as its investment portfolio performance approached break-even after hefty pandemic-related equity-market losses last year.

White Mountains reported a negative return of 0.3% on its invested assets for the first quarter of this year, up from negative 4.6%

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