Pembroke, Bermuda-based Endurance Specialty Holdings Ltd.completed its acquisition of ARMtech Insurance Services Inc.,headquartered in Lubbock, Texas. Terms of the deal were notreleased.

ARMtech, a major underwriter of the U.S. federally sponsoredcrop insurance program, was acquired by Endurance's subsidiaryEndurance U.S. Holdings Corp. and its affiliates (see NU Online,Sept. 7). ARMtech reported an estimated $410 million in totalpremiums in 2007.

ARMtech was founded in 1996 and entered the crop insuranceservices business in 1999 as a Texas-based managing generalagency.

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