Arch Insurance North America To Acquire Allianz’s U.S. MidCorp And Entertainment Insurance Businesses For A $450M Cash Consideration; Arch Estimates Its Capital Requirement To Support The Business Will Be ~$1.4B
The transaction will enable further expansion into the middle-market property and casualty segment.Arch Insurance North America (Arch Insurance), part of Arch Capital Group Ltd. (NASDAQ:ACGL) (Arch), today announces it