Argo to sell Syndicate 1200 to Westfield for $125mn
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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.


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