Brookfield Re: Spotlight on Argo's buyer
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Brookfield Re: Spotlight on Argo's buyer

Jairo Ibarra
10 February 2023
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Argo Group Brookfield Re logos.jpg

Bermuda-based Brookfield Re entered the spotlight yesterday when it acquired Argo in a $1.1bn takeover transaction, following a drawn-out sales process which took almost a year and included Core Specialty, Arch and Enstar as interested parties.

Let us dive into who Argo’s acquirer is.

Brookfield Re was launched just over two years ago by parent Brookfield Asset Management, although at the time the reinsurer planned to focus on annuity and longer-tail risk over the P&C market.

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Jairo Ibarra
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