Hashtag: #ArgoGroupInternational

Argo Issues $0.31 Per Share Cash Dividend

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 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 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 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 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 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 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

Argo Announces Leadership Appointments

Argo Announces Leadership Appointments

Argo Group International Holdings, announced “several notable leadership appointments with a focus on simplifying the organization.” “This is the natural next step in our continuing evolution as a leading U.S.-focused specialty insurer,” said Argo Group CEO Kevin Rehnberg. “These organizational changes will help continue and even... 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 15, 2021, to shareholders of record on August 31, 2021. Related Stories Argo Shareholders Approve Proposed Merger Argo To Sell Lloyd’s Syndicate... Read more of this article

Argo Reports 2021 Second Quarter Results

Argo Reports 2021 Second Quarter Results

Argo Group International Holdings, Ltd. announced financial results for the three and six months ended June 30, 2021. Argo reported second quarter 2021 net income attributable to common shareholders of $67.1 million or $1.92 per diluted common share, compared to a net loss attributable to common shareholders of $5.4 million or $[0.16] per diluted common... 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 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 June 4, 2021 to all common shareholders of record on May 21, 2021. Related Stories Argo Shareholders Approve Proposed Merger Argo To Sell Lloyd’s... Read more of this article

Argo Group Reports 2021 First Quarter Results

Argo Group Reports 2021 First Quarter Results

Argo Group International Holdings announced financial results for the three months ended March 31, 2021. Argo reported first quarter 2021 net income attributable to common shareholders of $27.2 million or $0.78 per diluted common share, compared to a net loss attributable to common shareholders of $24.7 million or $[0.72] per diluted common share for... Read more of this article

Argo Expect $47 Million In Catastrophe Losses

Argo Expect $47 Million In Catastrophe Losses

Argo Group International Holdings, Ltd. announced that its “results for the first quarter of 2021 will be adversely affected by estimated catastrophes losses of approximately $47 million.” The company said, “Argo expects to report natural catastrophe losses of approximately $43 million in the first quarter, primarily related to Winter... Read more of this article

Argo Group To Hold AGM In Virtual Format

Argo Group To Hold AGM In Virtual Format

Argo Group International Holdings announced that “due to the recent increase in Covid-19 infection rates in Bermuda, and the resulting mandatory stay-at-home order from the Bermuda government, the Company will not hold its 2021 Annual General Meeting in Bermuda and will instead be holding it in a virtual format only.” “The Annual... Read more of this article

Argo Group Announces Board Retirements

Argo Group Announces Board Retirements

Argo Group International Holdings announced the retirements of Kathleen Nealon and John Tonelli from the board of directors effective immediately following the company’s Annual General Meeting scheduled for May 6, 2021. Following this meeting, the size of company’s board will be reduced to 9 directors. “On behalf of the entire board, I would... Read more of this article

AM Best Revises Argo Group Outlook To Stable

AM Best Revises Argo Group Outlook To Stable

AM Best has revised the outlooks to stable from negative and affirmed the Financial Strength Rating of A- [Excellent] and the Long-Term Issuer Credit Ratings of “a-” of Bermuda-based Argo Re and its subsidiaries. A statement from the ratings agency said, “AM Best also has revised the outlooks to stable from negative and affirmed the Long-Term... Read more of this article