SiriusPoint to sell ArmadaCare MGA to Ambac for $250m

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Reinsurance News - Sep 30, 2025

Global specialty insurer and reinsurer SiriusPoint has agreed to sell its wholly owned supplemental health insurance program manager, ArmadaCare, to Ambac Financial Group for $250 million, while continuing its capacity partnership with Armada until the end of 2030. The transaction, which values Arma...

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