Arch Insurance North America to Acquire Allianz s U S MidCorp and Entertainment Insurance Businesses tmcnet.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from tmcnet.com Daily Mail and Mail on Sunday newspapers.
Arch Insurance North America, part of Arch Capital Group Ltd. (ACGL), announced Friday it has entered into a master transaction agreement to acquire the U.S. MidCorp and Entertainment insurance businesses, including select specialty insurance programs, from Allianz Global Corporate & Specialty SE (AGCS) for a $450 million cash consideration to Allianz.