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
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
5 Feb 2021 | Deals

Appleby acted as Bermuda counsel for PartnerRe in connection with the launch of a new retro sidecar

Appleby acted as Bermuda counsel for PartnerRe, the Bermuda based reinsurance company, in establishi...

5 Feb 2021 | Deals

Appleby Bermuda advises Global Atlantic in KKR transaction

Appleby acted as counsel to Global Atlantic Financial Group Limited (Global Atlantic) in connection ...

Contributors: Josephine Noddings
20 Jan 2021 | Deals

Appleby Bermuda advised Stable Group in novel structure

Appleby acted as Bermuda counsel for the Stable Group in the structuring, establishing and licensing...

17 Nov 2020 | Deals

Appleby acted as Bermuda counsel for Ascendant Group Limited

Appleby acted as Bermuda counsel for Ascendant Group Limited ("Ascendant") in the acquisition of Asc...

16 Nov 2020 | Deals

Appleby acted as Bermuda counsel for Chaucer

Appleby acted as Bermuda counsel for Chaucer, the international specialty (re)insurance group, in th...

Contributors: John Small