Argo Closes Sale Of Lloyd’s Syndicate 1200
Argo Group International Holdings, Ltd. announced the completion of its previously announced sale of Argo Underwriting Agency Limited and its Lloyd’s Syndicate 1200 to Westfield.
A spokesperson said, “Argo Group International Holdings, Ltd. [Argo] announced the completion of its previously announced sale of Argo Underwriting Agency Limited and its Lloyd’s Syndicate 1200 to Westfield.”
“We are pleased to complete this transaction,” said Thomas A. Bradley, Argo’s executive chairman and chief executive officer. “We thank our Lloyd’s team members for their work and dedication to our business over the years, and we are confident they will have a bright future ahead with Westfield.”
The spokesperson said, “Goldman Sachs & Co. LLC served as financial advisor and Skadden, Arps, Slate, Meagher & Flom LLP served as legal counsel to Argo.”
