Hashtag: #ArgoGroupInternational
Argo Group Appoints Thomas Bradley As CEO
Argo Group International Holdings announced the appointment of Thomas A. Bradley as CEO, effective immediately. “Kevin J. Rehnberg, who has been out on leave for health reasons since March 2022, will no longer serve as president or CEO and will resign from the company’s board of directors, effective immediately. Bradley will also continue... Read more of this article
Argo Issue $0.31 Per Share 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 15, 2022 to shareholders of record on May 31, 2022. Related Stories Argo Shareholders Approve Proposed Merger Argo To Sell Lloyd’s Syndicate 1200... Read more of this article
Argo Group Reports First Quarter 2022 Results
Argo Group International Holdings announced financial results for the three months ended March 31, 2022. Argo reported a net loss attributable to common shareholders of $3.6 million or $0.11 per diluted common share, for the first quarter 2022, compared to net income attributable to common shareholders of $27.2 million or $0.78 per diluted common share... Read more of this article
Argo: ‘Exploration Of Strategic Alternatives’
Argo Group International Holdings, Ltd. announced that its board of directors has “initiated an exploration of strategic alternatives” saying that “as part of this process, the board will consider a wide range of options for the company including, among other things, a potential sale, merger or other strategic transaction.” “Over... Read more of this article
Argo Reports 2021 4th Quarter, Full Year Results
Argo Group International Holdings announced financial results for the three months and year ended December 31, 2021. On February 8, 2022, the Company reported that its results for the quarter ended December 31, 2021, would be negatively affected by adverse prior year reserve development and non-operating charges. Argo reported a fourth quarter 2021... Read more of this article
Argo Issues $0.31 Per Share 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 15, 2022 to shareholders of record on February 28, 2022. Related Stories Argo Shareholders Approve Proposed Merger Argo To Sell Lloyd’s Syndicate... Read more of this article
Argo Group Closes Sale Of Argo Seguros Brasil
Argo Group announced the completion of the sale of Argo Seguros Brasil S.A. to Spice Private Equity Ltd. “The closing of this transaction is another definitive step as Argo evolves as a specialty insurer focused on US-based insurance risks,” said Andy Borst, Interim President of International Operations. “I wish the team in Brazil the best of... Read more of this article
Argo Group Announces Sale Of ArgoGlobal SE
Argo Group International Holdings announced an agreement to sell its Malta business operations, ArgoGlobal Holdings [Malta] Ltd. and its subsidiaries, to Riverstone Holdings Limited, part of the RiverStone International group. “This sale supports our strategy to focus on U.S.-based specialty insurance risks,” said Andy Borst, interim president... Read more of this article
Argo Reports 2021 Third Quarter Results
Argo Group International Holdings, Ltd. [Argo] announced financial results for the three and nine months ended September 30, 2021. Argo reported third quarter 2021 net income attributable to common shareholders of $19.8 million or $0.56 per diluted common share, compared to a net loss attributable to common shareholders of $[25.1] million or $[0.72]... Read more of this article
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 December 15, 2021 to shareholders of record on November 30, 2021. Related Stories Argo Shareholders Approve Proposed Merger Argo To Sell Lloyd’s... Read more of this article
Argo Announces Sale Of Brazilian Business
Argo Group International Holdings, Ltd. today [Oct 4] announced an agreement to sell its Brazilian operations, Argo Seguros Brasil S.A. to Spice Private Equity Ltd. A spokesperson said, “Argo Group International Holdings, Ltd. [ARGO], an underwriter of specialty insurance, today announced an agreement to sell its Brazilian operations, Argo Seguros... Read more of this article
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
