Arch Capital subsidiary to sell Castel Underwriting Agencies to Ryan Specialty Holdings

ARCH CAPITAL GROUP LTD.

Arch Financial Holdings (UK) Ltd signed definitive agreement to sell Castel Underwriting Agencies Ltd.
Buyer is a subsidiary of Ryan Specialty Holdings, Inc.; expected closing H1 2024 subject to approvals.
Castel is a London-based managing general underwriting platform; no financial terms disclosed.
Sale subject to regulatory approvals and customary closing conditions; no further details provided.

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