Elementum returns 5.1% to White Mountains in 2023 through April
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Elementum returns 5.1% to White Mountains in 2023 through April

Liz Bury
06 June 2023
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Elementum funds have returned 5.1% to White Mountains in the current year through 30 April, as "current conditions for ILS investing are highly attractive", the White Mountains group has disclosed in its 2023 investor presentation.

The group said Elementum's assets under management (AuM) remained steady at $3.7bn through Q1 2023, while its trailing twelve month adjusted ebidta was down by 17% quarter-over-quarter to $7mn.

The

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