Hashtag: #ArgoGroupInternational
Argo Group Declares $0.27 Quarterly Dividend
Bermuda-based Argo Group International Holdings, Ltd., an international underwriter of specialty insurance and reinsurance products, has declared a quarterly cash dividend of $0.27 per share on the company’s common stock, an increase of $0.05 per share, or 22.7%, to the amount declared in previous quarters. The dividend will be paid on March 15,... Read more of this article
Argo Appoints Mather To Serve As Global Head
Argo Group International Holdings, Ltd., an international underwriter of specialty insurance and reinsurance products, announced that former Ariel Re chief executive officer, Ryan Mather, will serve as Argo Group’s global head of reinsurance leading all reinsurance operations. This announcement follows after Argo Group announced the closing of the... Read more of this article
Argo Group Closes Ariel Re Acquisition
Argo Group International Holdings, Ltd., an international underwriter of specialty insurance and reinsurance products, has closed the acquisition of Ariel Re, a global underwriter of insurance and reinsurance business. Ariel Re was jointly owned by Banco BTG Pactual S.A. and the Abu Dhabi Investment Council. The company underwrites a global portfolio... Read more of this article
Argo Preliminary Loss Estimates: $20/25 Million
Bermuda-based Argo Group International Holdings announced preliminary pre-tax loss estimates from catastrophes of $20-25 million, net of reinsurance and reinstatement premiums for the three-month period ended December 31, 2016. Catastrophe losses in the quarter are primarily related to Hurricane Matthew and other events, including the New Zealand earthquake... Read more of this article
A.M. Best Affirms Ratings Of Argo Group
A.M. Best has affirmed the Financial Strength Rating [FSR] of A [Excellent] and the Long-Term Issuer Credit Ratings of “a” of Bermuda-based Argo Re Ltd. and its subsidiaries. A.M. Best also has affirmed the Long-Term ICR of “bbb” and the Long-Term Issue Credit Ratings of the parent holding company, Argo Group International Holdings, Ltd. Concurrently,... Read more of this article
Argo Declares $0.22 Quarterly Cash Dividend
Bermuda-based Argo Group International Holdings, Ltd., an international underwriter of specialty insurance and reinsurance products, has declared a quarterly cash dividend of $0.22 per share on the company’s common stock. The dividend will be paid on December 15, 2016, to shareholders of record on December 1, 2016. Related Stories Argo Shareholders... Read more of this article
Argo Group To Acquire Ariel Re For $235M
Bermuda-based Argo Group International Holdings has entered into an agreement to acquire Ariel Re, a global underwriter of insurance and reinsurance business for approximately $235 million cash. The acquisition, which is expected to be complete during the first quarter of 2017, is subject to relevant regulatory approvals. “Ariel Re is a terrific... Read more of this article
Argo Appoints Jose Hernandez & David Harris
Bermuda-based Argo Group International Holdings, Ltd. announced the appointment of Jose A. Hernandez to lead the company’s international business, which includes all insurance and reinsurance operations outside of the U.S. The appointment of Hernandez is effective October 3. “Argo Group has arrived at a critical point in its growth as a global... Read more of this article
ArgoGlobal Appoints O’Gorman Head Of Marine
ArgoGlobal announced the appointment of Steve O’Gorman as Head of Marine. He took up his role on 22 August, reporting to Bruno Ritchie, Director of Underwriting & Active Underwriter. The former Head of Marine, Philip Thorpe-Apps, takes on an expanded position as Global Head of Marine and Energy. Mr O’Gorman brings more than three decades... Read more of this article
Argo Group Declares Quarterly Cash Dividend
Bermuda-based Argo Group International Holdings, Ltd., an international underwriter of specialty insurance and reinsurance products, announced today its board of directors has declared a quarterly cash dividend of $0.22 per share on the company’s common stock. The dividend will be paid on August 29, 2016, to shareholders of record on August 15,... Read more of this article
Argo Provides Q2 Preliminary Loss Estimates
Bermuda-based Argo Group International Holdings, Ltd., an international underwriter of specialty insurance and reinsurance products, announced preliminary pre-tax loss estimates from catastrophes of $23 million, net of reinsurance and reinstatement premiums for the three-month period ended June 30, 2016. “Catastrophe losses in the quarter are... Read more of this article
Argo Group CEO Wins Entrepreneur Of The Year
CEO Mark E. Watson III of Bermuda-based Argo Group International Holdings, Ltd has been named the 2016 winner of the EY Entrepreneur Of The Year Award for the Central Texas Region in the Transformational CEO category. All winners are invited to be recognized nationally at the EY Strategic Growth Forum in Palm Springs, California in November 2016. Of... Read more of this article
