Ark renews $250mn Outrigger Re sidecar with greater share of third-party capital 
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Ark renews $250mn Outrigger Re sidecar with greater share of third-party capital 

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White Mountains’ specialty (re)insurance subsidiary Ark has renewed its reinsurance sidecar, Outrigger Re, to provide collateralised reinsurance capacity for its global property catastrophe portfolio in 2024.

Outrigger Re received $250mn of total investor capital for 1 January 2024, stable on its 2023 capacity. But the $130mn from White Mountains is considerably less than the $205mn Ark’s parent kicked in for 2023.

The

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