JC Flowers, Pelican Ventures team up to buy reinsurer Ariel Re from Argo Group

Private equity pair Pelican Ventures and JC Flowers have agreed to pick up reinsurance franchise Ariel Re from Argo Group. Ariel Re is a global underwriter of property and casualty reinsurance operating through Lloyd’s Syndicate 1910. Never miss a story – click to sign up to AltAssets’ free daily PE newsletter Originally founded in 2005, the …