Greenberg’s Aquiline commits $500m to form new reinsurer


Armour, a P&C run-off insurance business, has raised some $500 million in equity commitments in partnership with an investor group led by Aquiline Capital Partners, a New York-based private equity firm. It will form a new reinsurer with the money.

Armour, P&C, Run-off, Equity investment, Aquiline Capital Partners, Jeff Greenberg, North America, Bermuda

Intelligent Insurer