Arch Capital closes $622 million acquisition of Watford
Posted On: Jul. 5, 2021 11:40 AM CST
Arch Capital Group Ltd. has completed the acquisition of Bermudian insurer and reinsurer Watford Holdings Ltd. for $622 million, Reinsurance News reported. An affiliate entity, jointly owned by Arch Capital and investment partners Kelso & Co. and Warburg Pincus LLC, facilitated the acquisition.