Argo Announces Agreement To Sell Ariel Re

Argo Group International Holdings Ltd. today [Nov 2] announced an agreement to sell its reinsurance business, Ariel Re, to Pelican Ventures and J.C. Flowers & Co. Closing of the transaction is subject to regulatory approval and is expected to occur in 2020. “Ariel Re is well known in the reinsurance market, and we are confident […]

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