ITEM 2.01 Completion of Acquisition or Disposition of Assets.

As reported by White Mountains Insurance Group, Ltd. ("WMIG") on its Current Report on Form 8-K filed on October 1, 2020, WMIG and its wholly owned subsidiary Bridge Holdings (Bermuda) Ltd. (collectively with WMIG, "White Mountains") entered into a subscription and purchase agreement (as amended, the "SPA") with Ark Insurance Holdings Limited ("Ark") and certain selling shareholders to acquire a controlling interest in Ark (the "Transaction").

On January 1, 2021, White Mountains closed the Transaction in accordance with the terms of the SPA.


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