Argo Group will continue to focus on specialty insurance lines of business. Under the terms of the agreement, the buying group’s corporate member will provide Ariel Re’s capital for the 2021 year of account, and Argo Group has agreed to retain historical reserves.

Argo offers a full line of products and services designed to meet the unique coverage and claims-handling needs of businesses in two primary segments: U.S. Operations and International Operations.

Partner Brad Adderley led the deal with assistance from Senior Associate Bradley Houlston and Associates John Small and Jason Green.

Share
Twitter LinkedIn Email Save as PDF
More Deals
21 Jul 2021 | Deals

Appleby Bermuda acted for UK’s largest special motor insurer

Appleby Bermuda acted for the UK's largest special motor insurer and Lloyds's underwriter ERS Insura...

7 May 2021 | Deals

Appleby acts as Cayman Islands and Bermuda counsel to Marvell Technology, Inc. on a corporate restructuring in connection with its US$10 billion acquisition of INPHI Corporation

Appleby acted as Cayman Islands and Bermuda legal counsel to Nasdaq listed Marvell Technology, Inc.,...

3 May 2021 | Deals

Appleby acted as Bermuda counsel to e-TeleQuote

Appleby acted as Bermuda counsel to Etelequote Limited in connection with the sale of its operating ...

28 Apr 2021 | Deals

Appleby Bermuda and BVI advised Investment Energy Resources Limited

Appleby Bermuda and BVI advised in connection with Investment Energy Resources Limited (IERL) inaugu...

6 Apr 2021 | Deals

Appleby Bermuda advised Floatel on its successful restructuring

Appleby Bermuda advised Floatel International Limited and it subsidiaries (the Group) on its success...

24 Mar 2021 | Deals

Appleby acted as Bermuda counsel to the seller of Northstar Group and its wholly-owned Providence Life Assurance Company

Appleby acted as legal counsel to the seller of Northstar Group (Bermuda) Limited and its wholly-own...

Contributors: Josephine Noddings
4 Mar 2021 | Deals

Appleby Bermuda acts as counsel to the Special Committee of Gaslog Ltd.

Appleby is currently acting as Bermuda counsel to the Special Committee of Gaslog Ltd. in relation t...

16 Feb 2021 | Deals

Appleby advises Transverse in AmRisc Transaction

Appleby acted as Bermuda counsel to Transverse Insurance Group in their partnership with AmRisc LLC,...

Contributors: Matthew Carr, Khiyara Krige