Hashtag: #ArgoGroupInternational

Capital Urges Argo Group To Consider Sale

Capital Urges Argo Group To Consider Sale

Capital Returns Management, LLC sent a letter to the Board of Directors of Argo Group International Holdings, Ltd. “urging the Board to commence a strategic alternatives process and objectively consider a sale of the full Company.” A statement from the company said, “Capital Returns Management, LLC [together with its affiliates, "Capital... Read more of this article

Argo Announces Leadership Appointments

Argo Announces Leadership Appointments

Argo Group International Holdings, announced “several notable leadership appointments with a focus on simplifying the organization.” “This is the natural next step in our continuing evolution as a leading U.S.-focused specialty insurer,” said Argo Group CEO Kevin Rehnberg. “These organizational changes will help continue and even... Read more of this article

Argo Group Issues $0.31 Cash Dividend

Argo Group Issues $0.31 Cash Dividend

Argo Group International Holdings, Ltd. announced that the Board of Directors declared a quarterly cash dividend of $0.31 per share on the company’s common stock. The cash dividend will be paid on September 15, 2021, to shareholders of record on August 31, 2021. Related StoriesArgo Review Of Governance & Compensation Argo... Read more of this article

Argo Reports 2021 Second Quarter Results

Argo Reports 2021 Second Quarter Results

Argo Group International Holdings, Ltd. announced financial results for the three and six months ended June 30, 2021. Argo reported second quarter 2021 net income attributable to common shareholders of $67.1 million or $1.92 per diluted common share, compared to a net loss attributable to common shareholders of $5.4 million or $[0.16] per diluted common... Read more of this article

Argo Group Issues $0.31 Cash Dividend

Argo Group Issues $0.31 Cash Dividend

Argo Group International Holdings, Ltd. announced today that the Board of Directors declared a quarterly cash dividend of $0.31 per share on the company’s common stock. The cash dividend will be paid on June 4, 2021 to all common shareholders of record on May 21, 2021. Related StoriesArgo Review Of Governance & Compensation Argo... Read more of this article

Argo Group Reports 2021 First Quarter Results

Argo Group Reports 2021 First Quarter Results

Argo Group International Holdings announced financial results for the three months ended March 31, 2021. Argo reported first quarter 2021 net income attributable to common shareholders of $27.2 million or $0.78 per diluted common share, compared to a net loss attributable to common shareholders of $24.7 million or $[0.72] per diluted common share for... Read more of this article

Argo Expect $47 Million In Catastrophe Losses

Argo Expect $47 Million In Catastrophe Losses

Argo Group International Holdings, Ltd. announced that its “results for the first quarter of 2021 will be adversely affected by estimated catastrophes losses of approximately $47 million.” The company said, “Argo expects to report natural catastrophe losses of approximately $43 million in the first quarter, primarily related to Winter... Read more of this article

Argo Group To Hold AGM In Virtual Format

Argo Group To Hold AGM In Virtual Format

Argo Group International Holdings announced that “due to the recent increase in Covid-19 infection rates in Bermuda, and the resulting mandatory stay-at-home order from the Bermuda government, the Company will not hold its 2021 Annual General Meeting in Bermuda and will instead be holding it in a virtual format only.” “The Annual... Read more of this article

Argo Group Announces Board Retirements

Argo Group Announces Board Retirements

Argo Group International Holdings announced the retirements of Kathleen Nealon and John Tonelli from the board of directors effective immediately following the company’s Annual General Meeting scheduled for May 6, 2021. Following this meeting, the size of company’s board will be reduced to 9 directors. “On behalf of the entire board, I would... Read more of this article

AM Best Revises Argo Group Outlook To Stable

AM Best Revises Argo Group Outlook To Stable

AM Best has revised the outlooks to stable from negative and affirmed the Financial Strength Rating of A- [Excellent] and the Long-Term Issuer Credit Ratings of “a-” of Bermuda-based Argo Re and its subsidiaries. A statement from the ratings agency said, “AM Best also has revised the outlooks to stable from negative and affirmed the Long-Term... Read more of this article

Argo Group Reports 2020 Fourth Quarter Results

Argo Group Reports 2020 Fourth Quarter Results

Argo Group International Holdings  announced financial results for the three months and year ended December 31, 2020. Argo reported a fourth quarter 2020 net loss attributable to common shareholders of $19.7 million or $[0.57] per diluted common share, compared to a net loss attributable to common shareholders of $103.3 million or $[3.01] per diluted... Read more of this article

Argo Group Issues $0.31 Cash Dividend

Argo Group Issues $0.31 Cash Dividend

Argo Group International Holdings, Ltd. announced that the Board of Directors declared a quarterly cash dividend of $0.31 per share on the company’s common stock. The cash dividend will be paid on March 12, 2021 to shareholders of record on February 26, 2021. Related StoriesArgo Review Of Governance & Compensation Argo... Read more of this article

Scott Kirk Joins Argo As Chief Financial Officer

Scott Kirk Joins Argo As Chief Financial Officer

Argo Group International Holdings announced that Scott Kirk has been appointed as chief financial officer, effective March 1, 2021. “Scott’s deep expertise in the specialty insurance business and vast experience in finance is a strong fit for Argo as we look to pursue profitable growth and increased shareholder value,” said Argo Group Board Chairman... Read more of this article