Argo to sell Syndicate 1200 to Westfield for $125mn
  • X
  • LinkedIn
  • Show more sharing options
  • Copy Link URLCopied!
  • Print
  • X
  • LinkedIn
© 2024 Insider International Limited, company number 15236286, 4 Bouverie Street, London, EC4Y 8AX. Part of the Delinian Group. All rights reserved.

Accessibility | Terms of Use | Privacy Policy | Modern Slavery Statement

Argo to sell Syndicate 1200 to Westfield for $125mn

Argo Westfield NY london reflection.jpg

Argo Group has agreed to sell its underwriting agency and Lloyd’s Syndicate 1200 to Westfield for $125mn, or 1.16x tangible book value as of Q1 2022.

The announcement comes after this publication revealed last week that Argo and Westfield were in advanced talks over a deal.

The

Request a free trial:

Uncover exclusive insights tailored for insurance leaders

    • Stay Informed: Access exclusive industry insights
    • Gain a competitive advantage: Hear first about tactical developments
    • Make better decisions: Understand market dynamics in crucial lines of business
Gift this article