6 August 2021Life

Arch Re completes acquisition of Somerset Bridge Group

Arch Reinsurance has completed its  previously disclosed acquisition of Somerset Bridge Group, Southern Rock Holdings and affiliates (Somerset).

Arch Re originally announced its plan to acquire Somerset on June 23, 2021.

William Soares, head of specialty at Arch Re, said: “Clients will continue to benefit from Somerset’s quality insurance solutions and customer service, which are now backed by the financial strength and innovation of Arch Capital Group.”