Hashtag: #ArgoGroupInternational
Rose Joins Argo As Chief Investment Officer
Mark H. Rose has joined Bermuda-based Argo Group International Holdings, Ltd. as chief investment officer. “Mark brings to Argo Group a broad knowledge of markets and asset classes and has experience investing, managing and trading for a number of different financial institutions,” said Argo Group Chief Executive Officer Mark E. Watson III. “He... Read more of this article
Argo Appoints Andy Omiridis To Finance Team
Bermuda-based Argo Group International Holdings, Ltd. an international underwriter of specialty insurance and reinsurance products, said that Anastasios “Andy” Omiridis has joined the company as chief accounting officer reporting to Argo Group Chief Financial Officer Jay Bullock. “Andy comes to Argo Group with extensive experience in international... Read more of this article
Argo Group Declares Quarterly Cash Dividend
Bermuda-based Argo Group International Holdings, Ltd. has declared a quarterly cash dividend of 15 cents per share on the company’s common stock, an increase of 3 cents per share, or 25%, to the amount declared in previous quarters. The dividend will be paid on March 15, 2013 to shareholders of record on March 1, 2013. Related Stories Argo Shareholders... Read more of this article
Argo Group Establishes Harambee Re Sidecar
Bermuda-based Argo Group International Holdings, Ltd. has established of Harambee Re 2013-1 Ltd for the 2013 accident year. This is the first sidecar established by Argo Group. Unlike other sidecars, which typically write either reinsurance or retrocession business, Harambee Re is the first sidecar transaction to support both a reinsurance and an insurance... Read more of this article
Argo Declares $0.12 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 12 cents per share on the company’s common stock. The dividend will be paid on December 17, 2012, to shareholders of record on December 3, 2012. Related Stories Argo Group... Read more of this article
Argo Group 2012 Third Quarter Results
Bermuda-based Argo Group International Holdings, Ltd. announced financial results for the three and nine months ended September 30, 2012. “The Company posted another quarter of improved results with profitable growth in three of our four business segments,” said Argo CEO Mark Watson. ”The environment for both underwriting and investing remains... Read more of this article
Argo Announces Pricing Of $125M Of Notes
Bermuda-based Argo Group International Holdings, Ltd. said that $125 million aggregate principal amount of 6.50% Senior Notes due Sept. 15, 2042 have been priced for sale by its indirect wholly owned subsidiary, Argo Group US, Inc. A company statement said, “Argo Group US, Inc. has granted the underwriters a 30-day option to purchase up to an... Read more of this article
A.M. Best Affirms Ratings Of Argo Group
A.M. Best Co. has affirmed the financial strength ratings (FSR) of A (Excellent) and issuer credit ratings (ICR) of “a” of Argo Re Ltd. (Argo Re) (Hamilton, Bermuda) and its subsidiaries. A.M. Best also has affirmed the ICR of “bbb” and debt ratings of the parent holding company, Argo Group International Holdings, Ltd. (Argo Group) (Hamilton,... Read more of this article
Long Island Winner To Race In Gold Cup
2012 marks the 30th Knickerbocker Cup regatta, and officials of Long Island’s Manhasset Bay Yacht Club, the organising authority for the prestigious trophy, announced yesterday [Feb. 29] that the Grade 2 Match Race event winner will be invited to the 2012 Argo Group Gold Cup in Bermuda. The Argo Group Gold Cup is a World Match Race Tour event... Read more of this article
Argo Group Declares Dividend
Argo Group International Holdings, Ltd., a Bermuda-based international underwriter of specialty insurance and reinsurance products, announced today [Feb.16] its board of directors has declared a quarterly cash dividend of 12 cents per share on the company’s common stock. The dividend will be paid on Thursday, March 15, 2012, to shareholders of... Read more of this article
Argo Group’s Malta Operation
Argo Group International Holdings, Ltd., the Bermuda-headquartered underwriter of specialty insurance and reinsurance products, announced the formation through its subsidiaries of a new insurance company in Malta. ArgoGlobal SE will operate as a domestic insurer in Malta as a platform for offering primary and excess insurance throughout the European... Read more of this article
Argo Estimates Floods Up To $35M
Argo Group International Holdings, Ltd. announced that it expects to report in its 2011 fourth quarter results its estimate for pre-tax catastrophe losses from the severe flooding in Thailand of approximately $25 million to $35 million, net of reinsurance and reinstatement premiums. In reaching this estimate, the Company has relied on information currently... Read more of this article
