Hashtag: #ArgoGroupInternational
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 June 12, 2020 to shareholders of record on May 29, 2020. Related Stories Argo Shareholders Approve Proposed Merger Argo To Sell Lloyd’s Syndicate 1200... Read more of this article
Argo Group Reports First Quarter Results
Argo Group International Holdings, Ltd., announced that its results for the first quarter of 2020 “will be adversely affected by certain loss items primarily related to the impact of the COVID-19 pandemic and volatility in global financial markets.” “Argo expects to report pre-tax net catastrophe losses of $29 million, including approximately... Read more of this article
Argo Group Raises Funds For Covid-19 Relief
Argo Group International Holdings, Ltd., an international underwriter of specialty insurance and reinsurance, today announced its employees and the Argo Foundation have contributed more than $100,000 to support the COVID-19 Emergency Fund. “The Argo Foundation recognizes the critical needs that have arisen during the COVID-19 crisis,” said William... Read more of this article
Argo Group Elects New Board Members
Argo Group International Holdings announced shareholders’ election of three new board members: Bernard C. Bailey, Fred R. Donner, and Argo Group Chief Executive Officer Kevin J. Rehnberg. “Today marks several noteworthy milestones for Argo,” said Thomas A. Bradley, Argo Group board chairman. “We appreciate the support from our shareholders... Read more of this article
Argo To Hold General Meeting In Virtual Format
Argo Group International Holdings announced that due to the coronavirus pandemic, the company will not hold its 2020 Annual General Meeting in person and will instead be holding it in a virtual format only. “The Annual General Meeting will be held on Thursday, April 16, 2020, in a virtual meeting format only. In addition, the time of the Annual... Read more of this article
AM Best Downgrades Credit Ratings Of Argo
AM Best has removed from under review with negative implications and downgraded the Financial Strength Rating [FSR] to A- [Excellent] from A [Excellent] and the Long-Term Issuer Credit Ratings to “a-” from “a” of Argo Re Ltd. and its subsidiaries. AM Best has removed from under review with negative implications and downgraded the Long-Term ICR... Read more of this article
Argo Announce Board Of Directors Nominees
Argo Group International Holdings announced the nominations of Dr. Bernard C. Bailey & Fred R. Donner to stand for election to the company’s board of directors at Argo’s annual shareholder meeting on April 16, 2020. A spokesperson said, “Argo Group International Holdings, Ltd. an international underwriter of specialty insurance and reinsurance... Read more of this article
Argo Appoints Thomas Bradley, Kevin Rehnberg
Argo Group International Holdings Ltd. announced the appointment of Thomas A. Bradley to serve as chairman of the board of directors upon the retirement of current board chairman Gary V. Woods, whose term concludes following Argo’s Annual General Meeting to be held on April 16, 2020. Kevin J. Rehnberg will serve as chief executive officer effective... Read more of this article
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 March 16, 2020 to shareholders of record on March 2, 2020. Related Stories Argo Shareholders Approve Proposed Merger Argo To Sell Lloyd’s Syndicate... Read more of this article
Argo Comments On Results For Fourth Quarter
Argo Group International Holdings, Ltd. announced today that its results for the fourth quarter of 2019 will be “adversely affected by certain loss and expense items,” summarized in more detail below. “Argo’s results for the 2019 fourth quarter and full year are clearly unacceptable,” said Argo Group Interim CEO Kevin Rehnberg. “The... Read more of this article
Argo Appoints Carol McFate To Board
Argo Group International Holdings announced the appointment of Carol A. McFate to its Board of Directors. “We’re honored to welcome Carol to our Board,” said Argo Group Chairman, Gary Woods. “This is a year of renewed opportunity for Argo Group, and strong, independent oversight is crucial to taking full advantage of it. “Carol’s impressive... Read more of this article
Argo Group To Sell Trident Public Risk Solutions
Argo Group International Holdings today announced an agreement to sell its Trident Public Risk Solutions brand and underwriting platform to Paragon Insurance Holdings. “The transaction is expected to close in the coming months, and Argo expects to report a pre-tax gain of approximately $37 million related to the transaction,” the company... Read more of this article
Argo Enters Into Agreement With Voce Capital
Argo Group International Holdings has “entered into a cooperation agreement with Voce Capital Management LLC to effect changes to the composition of Argo’s Board of Directors.” “Pursuant to the agreement and the Company’s ongoing process of Board refreshment, Carol A. McFate will join the Company’s Board of Directors, subject... Read more of this article
Five Members To Retire From Argo Board
The Board of Directors of Argo Group International Holdings provided shareholders with an update on its “Board refreshment process,” with the company confirming that five board members will retire. The company said, “As announced in August 2019, the Board has been conducting a proactive refreshment process. In connection therewith,... Read more of this article
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 December 13, 2019 to shareholders of record on November 29, 2019. Related Stories Argo Shareholders Approve Proposed Merger Argo To Sell Lloyd’s Syndicate... Read more of this article
Mark Watson Steps Down As Argo Group CEO
Argo Group International Holdings announced the retirement of Mark E. Watson III as Chief Executive Officer, effective immediately. The Board of Directors has named Kevin J. Rehnberg as Interim Chief Executive Officer, effective immediately and subject to Bermuda regulatory approval, and Argo noted that Mr Watson “will continue to serve as a... Read more of this article
