Investments

Armour Group since its formation, has completed the following investments:

• PMA Capital Insurance Company, Pennsylvania domiciled Company 2009.  As part of the transaction PMA Capital Insurance Company was renamed Excalibur Reinsurance Corporation.
• PMA Re Management Company, Pennsylvania domiciled Company 2009.  As part of the transaction PMA Re Management Company is renamed Armour Risk Management Inc.
• High Mountain Reinsurance Limited, Cayman Island domiciled in 2009.
• Various insurance and reinsurance debts from insurers, reinsurers and corporate clients in Asia, UK and USA.