Armour Raises $500 Million to Create Bermuda Reinsurer, Armour Group Ltd.

Armour, a Bermuda-based P/C run-off insurance business, announced it has raised up to $500 million to form a reinsurance group called Armour Group Ltd. The equity commitments were made in partnership with an investor group led by Aquiline Capital Partners, …
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Armour Raises $500 Million to Create Bermuda Reinsurer, Armour Group Ltd. was originally posted by ClaimsMate.com Insurance Information Resources