Armour Group to buy $2.2bn of OneBeacon reserves
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Armour Group to buy $2.2bn of OneBeacon reserves

22 October 2012
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Bermuda-based insurer OneBeacon has agreed to sell $2.2bn of gross reserves to Armour Group Holdings.

The transaction will see Armour Group purchase all of OneBeacon's non-specialty legacy business, including its asbestos exposures, and will complete OneBeacon's transformation into a...

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News M&A October 2012/4
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