Insight and Intelligence on the London & International Insurance Markets

22 January 2018

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Aquiline-Armour deal furthers legacy market evolution

Catrin Shi 2 January 2018

Aquiline's recent acquisition of Armour rounds off a year in which a number of corporations both inside and outside the legacy market made a bigger bet on run-off for the years ahead.

As this publication revealed earlier today, private equity house Aquiline has struck a deal to acquire Bermuda-based legacy manager Armour Holdings, with plans to fold the business into a newly capitalised $500mn vehicle operating under the Armour brand.

Validus, the Bermudian (re)insurer that Aquiline was lead sponsor for,...


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This article was published as part of issue January 2018/1

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