Insider View: Argenta sale

Argenta is likely to command a handsome sale multiple. The business
offers access to the coveted Lloyd's market and its combined
ratio has hovered around the 90 percent mark for the last three
years.
It also offers either the opportunity to push towards
£270mn ($352mn) of aligned capacity or a stream of fee income
that comes from writing on behalf of third-party capacity provided
by Names.
The valuation will also benefit from the relatively small cheque
size, which would allow...