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    Edwards Wildman Advises Armour Group in OneBeacon's Sale of Runoff Business, Reports Insurance Journal

    News
    Edwards Wildman represented Bermuda-based Armour Group when OneBeacon Insurance Group Ltd. sold its runoff business to an affiliate of Armour Group Holdings Limited. The article, "OneBeacon Selling Runoff Business to Bermuda’s Armour Group" reported that OneBeacon will transfer to Armour certain legal entities within the OneBeacon group, which will contain the assets, liabilities (including gross and ceded loss reserves), and capital supporting the runoff business, as well as certain elements of the runoff business infrastructure including staff and office space.

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