Ark reports adjusted Q1 combined ratio of 108% after Uri hit
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Ark reports adjusted Q1 combined ratio of 108% after Uri hit

Ark reported an adjusted combined ratio of 108% in the first quarter, with Winter Storm Uri accounting for 14 points of a 17-point catastrophe loss hit.

In parent White Mountains latest quarterly results, Ark CEO Ian Beaton said that the business had written $405mn of gross written premium in the first quarter, which was driven by a “good renewal season”.

He

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