Elementum on ‘steady start’ to 2021 after ‘flattish’ 2020: White Mountains
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Elementum on ‘steady start’ to 2021 after ‘flattish’ 2020: White Mountains

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White Mountains has said its part-owned ILS manager Elementum has made a “steady start” to 2021 after experiencing a flattish year in 2020.

The investment house made a cash yield of 7% from its investment in Elementum in 2020, after extracting cash dividends of $4mn, according to data in a presentation released today.

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