Arch to acquire AGCS MidCorp, entertainment book in $1.8bn deal
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Arch to acquire AGCS MidCorp, entertainment book in $1.8bn deal

The deal includes an LPT of ~$2bn loss reserves for 2016-2023 years with Arch Re.

By Jairo Ibarra
April 05, 2024
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Arch_logo_Bermuda_2021.png

Arch Insurance North America has inked a deal to acquire Allianz Global Corporate & Specialty’s (AGCS) MidCorp and entertainment portfolio, underwritten by AGCS’s Fireman’s Fund subsidiaries. 

The

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NewsM&AArch CapitalAllianz
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