Could Arch-Watford be a good enough deal for Enstar too?

Published: Tue 13 Oct 2020

In other circumstances Arch’s $31.10 agreed offer for Watford Holdings might look like the start of a saga. But while Enstar may yet counter, the interwovenness of Arch and the total return reinsurer it founded means the 0.8x deal on the table may satisfy more parties than the initial noise suggests.