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Let’s try again.
Its MediaAlpha investment generated $54 million in unrealized losses as the stock fell 24% during the quarter.
White Mountains cashed out of Bamboo at 4.1x and is now buying electricians at 9x EBITDA.
Bishop Street Underwriters was launched in 2023 to partner with MGAs as well as niche underwriting teams.
The transaction is expected to close by the end of the fourth quarter of 2025.