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Kurt Elia Joins Argo Group International Holdings

Kurt Elia Joins Argo Group International Holdings

Argo Group International Holdings, Ltd. announced today that Kurt Elia has joined the company as Senior Vice President and Chief Human Resources Officer. Mr. Elia will report to Argo Group President and Chief Executive Officer Mark E. Watson III. “Attracting, developing and retaining top talent is central to everything we do at Argo,” said Mr. Watson. “Kurt’s... Read more of this article

Argo Group Partners With Horseshoe Group

Argo Group Partners With Horseshoe Group

Bermuda-based Argo Group International Holdings, Ltd., an international underwriter of specialty insurance and reinsurance products, announced that its Bermuda-based reinsurance company, Argo Re, Ltd., has entered into an agreement with Horseshoe Re Limited that will expand its reinsurance product offerings to meet the growing demands of the Insurance... Read more of this article

Argo Group Declares $0.15 Quarterly Dividend

Argo Group Declares $0.15 Quarterly Dividend

Bermuda-based Argo Group International Holdings, Ltd., an international underwriter of specialty insurance and reinsurance products, announced that its board of directors has declared a quarterly cash dividend of $0.15 per share on the company’s common stock. The dividend will be paid on March 17, 2014, to shareholders of record on March 3, 2014. Related... Read more of this article

Argo Group Reports Q4 Net Income of $47M

Argo Group Reports Q4 Net Income of $47M

Bermuda-based Argo Group International Holdings, Ltd. announced financial results for the three and twelve months ended Dec. 31, 2013. Net income was $47.8 million or $1.74 per diluted share compared to a net loss of $4.7 million or $0.17 per diluted share in the fourth quarter of 2012. After-tax operating income was $22.6 million or $0.82 per diluted... Read more of this article

Argo Establishes New Sidecar: Harambee Re

Argo Establishes New Sidecar: Harambee Re

Bermuda-based Argo Group International Holdings, Ltd. announced the establishment of a new sidecar reinsurer for the 2014 accident year, Harambee Re Limited. This continues Argo Group’s use of sidecar partners following the creation of Harambee Re 2013-1 Ltd covering the 2013 accident year. As was the case in 2013, the Harambee Re sidecar will support... Read more of this article

Argo Complete Issuance Of $172M Cat Bond

Argo Complete Issuance Of $172M Cat Bond

Argo Group International Holdings, Ltd. announced the successful placement of a series of three catastrophe bonds which will provide $172 million of protection to its insurance and reinsurance subsidiaries through Loma Re Insurance (Bermuda) Ltd. Coverage provided through the Loma bond program incepts January 1, 2014, and runs for a period of four years,... Read more of this article

Argo Group Declares $0.15 Quarterly Dividend

Argo Group Declares $0.15 Quarterly 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 $0.15 per share on the company’s common stock. The dividend will be paid on December 16, 2013, to shareholders of record on December... Read more of this article

A.M. Best Affirms Argo Group Ratings

A.M. Best Affirms Argo Group Ratings

Ratings agency A.M. Best Co. has affirmed the financial strength rating of A [Excellent] and issuer credit ratings of “a” of Argo Re Ltd. and its subsidiaries. A.M. Best also has affirmed the ICR and debt ratings of “bbb” of the parent holding company, Bermuda-based Argo Group International Holdings, Ltd. Concurrently, A.M. Best has affirmed... Read more of this article

Argo Group Declares $0.15 Dividend Per Share

Argo Group Declares $0.15 Dividend Per Share

Bermuda-based Argo Group International Holdings, Ltd., an international underwriter of specialty insurance and reinsurance products, announced its board of directors has declared a quarterly cash dividend of $0.15 per share on the company’s common stock. The dividend will be paid on September 16, 2013, to shareholders of record on September 2,... Read more of this article

Argo Group: “Solid Top-Line Growth” In Q/1

Argo Group: “Solid Top-Line Growth” In Q/1

Bermuda-based Argo Group International Holdings, Ltd. on Thursday [May 2] announced financial results for the three months ended March 31, 2013. “I’m pleased with our first quarter performance,” Argo Group CEO Mark E. Watson III said. “We generated solid top-line growth in a modestly improving pricing environment, and generated an... Read more of this article

Argo Group To Release 2013 Q1 Earnings

Argo Group To Release 2013 Q1 Earnings

Bermuda-based Argo Group International Holdings, Ltd. will release the company’s 2013 first quarter financial results after the close of US financial markets on Thursday, May 2. The company will conduct an investor conference call starting at 10:30 a.m. Eastern Daylight Time on Friday, May 3, 2013. A live webcast of the conference call can be accessed... Read more of this article

Poland Joins Argo Group As Vice President

Poland Joins Argo Group As Vice President

Bermuda-based Argo Group International Holdings, Ltd. announced yesterday [Mar 21] that Thomas A. Poland has joined Argo Group as vice president to head the new Inland Marine unit of Colony Specialty. The company`s broad portfolio of Inland Marine products will include: customer goods in transit, motor truck cargo legal liability, contractor`s equipment,... Read more of this article