Argo
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Goldman Sachs has reapproached potential bidders as the Bermudian moves rapidly following the recent legacy deal and divestiture.
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Inside P&C’s news team runs you through the key highlights of the week.
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Inside P&C’s morning summary of the key stories to get you up to speed fast.
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The deal price represents 1.16x tangible book value.
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A sale of the managing agency and Syndicate 1200 would represent tangible progress in Argo’s strategic process.
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Inside P&C’s news team runs you through the key highlights of the week.
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The specialty insurer continues to face obstacles in finding a buyer, and a period of independence might now be the better option.
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Inside P&C’s morning summary of the key stories to get you up to speed fast.
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The executive will report to CEO and executive chairman Tom Bradley, who recently took over the role on a permanent basis.
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With the addition of roughly 512,000 shares, Enstar’s interest in Argo was valued at ~$62.7mn at the end of June.
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Odyssey Group’s cyber chief Robert O’Connell is looking to raise up to $1bn of capital for a monoline cyber reinsurer.
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Inside P&C’s morning summary of the key stories to get you up to speed fast.
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