US insurer Westfield acquires Lloyd’s Syndicate 1200 from Argo

Acquisition emphasise Westfield Specialty’s commitment to international expansion, says insurer

US property and casualty insurer Westfield is expanding into international specialty insurance business with the purchase of Lloyd’s Syndicate 1200 from Argo Group for about $125m.

The acquisition is expected to close in the first half of 2023. Syndicate 1200 has an estimated $650m book of busine...

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