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Argo Expect $54 Million In Catastrophe Losses

Argo Expect $54 Million In Catastrophe Losses

Argo Group said they expect catastrophe losses of approximately $54 million in the third quarter primarily related to Hurricanes Hanna, Laura and Sally, as well as the U.S. wildfires and Midwest derecho. The company said, “Argo Group International Holdings, Ltd., announced today that its results for the third quarter of 2020 will be adversely affected... Read more of this article

Argo Appoints Allison Kiene As General Counsel

Argo Appoints Allison Kiene As General Counsel

Argo Group International Holdings Ltd. today [Oct 1] announced the appointment of Allison Kiene to serve as the company’s general counsel. A spokesperson said, “Argo Group International Holdings Ltd. [Argo], an underwriter of specialty insurance and reinsurance products, today announced the appointment of Allison Kiene to serve as the company’s... 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 11, 2020 to shareholders of record on August 28, 2020. Related StoriesArgo Review Of Governance & Compensation Argo... Read more of this article

Argo Reports 2020 Second Quarter Results

Argo Reports 2020 Second Quarter Results

Argo Group International Holdings announced financial results for the three and six months ended June 30, 2020. “We are pleased to report the strongest quarterly underwriting income for the U.S. in Argo’s history,” said Argo Chief Executive Officer Kevin J. Rehnberg. “This demonstrates our shift to more positive underlying performance, particularly... Read more of this article

Argo Announces Update To Its Leadership Team

Argo Announces Update To Its Leadership Team

Argo Group International Holdings Ltd. today announced an update to its senior leadership team responsibilities, and the launch of an outside search for a chief financial officer to succeed Jay S. Bullock. “Earlier this year, we established a clear set of operating principles designed to create an efficient organization focused on delivering improved... 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 June 12, 2020 to shareholders of record on May 29, 2020. Related StoriesArgo Review Of Governance & Compensation Argo Governance,... Read more of this article

Argo Group Reports First Quarter Results

Argo Group Reports First Quarter Results

Argo Group International Holdings, Ltd., announced that its results for the first quarter of 2020 “will be adversely affected by certain loss items primarily related to the impact of the COVID-19 pandemic and volatility in global financial markets.” “Argo expects to report pre-tax net catastrophe losses of $29 million, including approximately... Read more of this article

Argo Group Raises Funds For Covid-19 Relief

Argo Group Raises Funds For Covid-19 Relief

Argo Group International Holdings, Ltd., an international underwriter of specialty insurance and reinsurance, today announced its employees and the Argo Foundation have contributed more than $100,000 to support the COVID-19 Emergency Fund. “The Argo Foundation recognizes the critical needs that have arisen during the COVID-19 crisis,” said William... Read more of this article

Argo Group Elects New Board Members

Argo Group Elects New Board Members

Argo Group International Holdings announced shareholders’ election of three new board members: Bernard C. Bailey, Fred R. Donner, and Argo Group Chief Executive Officer Kevin J. Rehnberg. “Today marks several noteworthy milestones for Argo,” said Thomas A. Bradley, Argo Group board chairman. “We appreciate the support from our shareholders... Read more of this article

Argo To Hold General Meeting In Virtual Format

Argo To Hold General Meeting In Virtual Format

Argo Group International Holdings announced that due to the coronavirus pandemic, the company will not hold its 2020 Annual General Meeting in person and will instead be holding it in a virtual format only. “The Annual General Meeting will be held on Thursday, April 16, 2020, in a virtual meeting format only. In addition, the time of the Annual... Read more of this article

AM Best Downgrades Credit Ratings Of Argo

AM Best Downgrades Credit Ratings Of Argo

AM Best has removed from under review with negative implications and downgraded the Financial Strength Rating [FSR] to A- [Excellent] from A [Excellent] and the Long-Term Issuer Credit Ratings to “a-” from “a” of Argo Re Ltd. and its subsidiaries. AM Best has removed from under review with negative implications and downgraded the Long-Term ICR... Read more of this article

Argo Announce Board Of Directors Nominees

Argo Announce Board Of Directors Nominees

Argo Group International Holdings announced the nominations of Dr. Bernard C. Bailey & Fred R. Donner to stand for election to the company’s board of directors at Argo’s annual shareholder meeting on April 16, 2020. A spokesperson said, “Argo Group International Holdings, Ltd. an international underwriter of specialty insurance and reinsurance... Read more of this article

Argo Appoints Thomas Bradley, Kevin Rehnberg

Argo Appoints Thomas Bradley, Kevin Rehnberg

Argo Group International Holdings Ltd. announced the appointment of Thomas A. Bradley to serve as chairman of the board of directors upon the retirement of current board chairman Gary V. Woods, whose term concludes following Argo’s Annual General Meeting to be held on April 16, 2020. Kevin J. Rehnberg will serve as chief executive officer effective... Read more of this article