White Mountains Insurance Group reported a 1% decrease in book value per share to $2,170 in Q1 2026, mainly due to a significant mark-to-market loss on its MediaAlpha investment. Despite solid operating results from its insurance and asset management segments, including Ark's 91% combined ratio and Kudu's 12% return on equity, the overall comprehensive income was negative $27 million. The company deployed $125 million into Bishop Street Underwriters and made two acquisitions in early 2026, maintaining about $0.8 billion in undeployed capital. Going forward, White Mountains aims to leverage growth opportunities amid softening market conditions while managing ongoing risks such as the war in Iran impacting Ark's losses.
Sodexo has secured a major global contract to provide catering services across more than 130 Meta sites in over 30 countries. This large-scale partnership includes diverse locations such as headquarters, campuses, data centers, and conference centers...
DMG Blockchain Solutions announced two strategic investments: one in MeetAmi Innovations, a Canadian fintech offering digital asset wealth management platforms, and another in Atomic47 Labs, an AI company focused on secure, sovereign AI infrastructur...
Gnosis (GNO) surged 13% in 24 hours, closing in on overtaking BONK by market capitalization to reach the 100th largest token spot. GNO's market cap stands at $303.88 million versus BONK's $330.07 million, requiring a price rise to about $125.48 for t...
Broadridge's Tokenization Pulse Survey shows 84% of firms view tokenization as strategically important, with 68% expecting it to reshape markets within 3-5 years. Most firms plan to integrate tokenization into existing infrastructure rather than buil...
Standard Chartered has partnered with Broadcom to modernize its global banking infrastructure by adopting a secure, resilient private cloud using VMware Cloud Foundation. This upgrade supports critical banking services across 54 markets with enhanced...
