OneBeacon Insurance Group News

OneBeacon Selling Runoff Business to Bermuda’s Armour Group

Continuing its repositioning as a specialty insurer, OneBeacon Insurance Group Ltd. is selling its runoff business to an affiliate of Armour Group Holdings Limited. OneBeacon said it will transfer to Armour certain legal entities within the OneBeacon group, which will …

OneBeacon Cuts Ties with Hagerty Agencies, Selling Essentia to Markel

OneBeacon Insurance Group Ltd. is selling its Essentia Insurance Co. unit to Markel Corp., according to company announcements this morning. Essentia focuses on the collector car and boat business that the company writes through Traverse City, Mich.-based Hagerty Insurance Agency …