Lloyd's insurer ArgoGlobal strikes £356m RITC to cut expenses, redeploy capital


Lloyd's insurer and member of Argo Group, ArgoGlobal, has agreed a reinsurance-to-close (RITC) deal with legacy specialist RiverStone, as part of the company's strategy to simplify the business, reduce expenses and streamline operations.

ArgoGlobal, RITC, RiverStone, Reinsurance, Transaction, Lloyd's, UK, Insurance

Intelligent Insurer