Bishop Street Underwriters gets $125m funding from White Mountains

Bishop Street Underwriters, a RedBird Capital Partners portfolio company, has received a strategic structured capital investment of $125 million by White Mountains Insurance Group, Ltd.Recently, in its 2025 result announcement, Bishop Street disclosed that it surpassed $650 million in gross written premium while having a sub-50% portfolio loss ratio.Earlier this week, Bishop Street expanded its partnership with Kalepa, a specialist in AI-powered underwriting solutions, to support its London-based managing g ...