Brookfield Reinsurance completed the acquisition of Argo for $1.1bn.

Brookfield Reinsurance, a financial services business providing capital-based solutions to the insurance industry, completed the acquisition of Argo, a focused underwriter of specialty insurance products, for $1.1bn. "The acquisition of Argo represents another milestone in the continued expansion of our insurance solutions business. Argo’s leading US specialty platform adds a foundational piece to our expanding US P&C operations. We look forward to partnering with the Argo team to support the growth of its core businesses, build on its strong franchise, and deliver value for policyholders,” Sachin Shah, Brookfield Reinsurance CEO.