The Bermuda-based Armour group Holdings restricted
introduced the of entirety of the acquisition of the OneBeacon Run-off.
“The transaction consists of the purchase of the prison
entities, along with the belongings, liabilities and capital, which incorporate
the Run-off,” the assertion stated. “The transaction also includes the transfer
of certain personnel and infrastructure associated with the Run-off.”
Armour’s Chairman & CEO Brad Huntington, stated: “we are
overjoyed to look the of completion of this transaction. I would really like to
in my view thank the individuals of the Armour and OneBeacon teams involved on
this transaction for his or her difficult work, and to welcome the addition of
the OneBeacon Run-off crew participants to the Armour institution.”
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