Hashtag: #ArgoGroupInternational
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
AM Best Affirms Credit Ratings Of Argo Group
AM Best has affirmed the Financial Strength Rating [FSR] of A [Excellent] and the Long-Term Issuer Credit Ratings [Long-Term ICRs] of “a” of Argo Re Ltd. and its subsidiaries. AM Best also has affirmed the Long-Term ICR of “bbb” and the Long-Term Issue Credit Ratings [Long-Term IR] of the parent holding company, Argo Group International Holdings,... Read more of this article
Argo Review Of Governance & Compensation
Argo Group International Holdings, affirmed that its “independent directors are conducting a review of governance and compensation matters.” The Company also announced that it “previously received a subpoena from the U.S. Securities and Exchange Commission [SEC] seeking documents primarily with respect to the Company’s disclosure... Read more of this article
Argo Group Donates To Bermuda Pride Parade
Argo Group have donated $2,500 towards Bermuda’s first Pride Parade which they said will help improve accessibility at the event and go towards the cost of free parking for participants. “Argo believes that an inclusive, progressive and diverse environment is integral to any successful business,” said Ryan Mather, Argo Group’s global head of... Read more of this article
Argo Governance, Compensation Enhancements
Argo Group International Holdings announced it will introduce two proposals at the Company’s 2020 Annual General Meeting of shareholders [AGM] as part of its continuing enhancement of the Company’s corporate governance practices. “These measures support continued value creation for all our shareholders and demonstrate our commitment to ensuring... 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 September 13, 2019 to shareholders of record on August 30, 2019. Related Stories Argo Shareholders Approve Proposed Merger Argo To Sell Lloyd’s... Read more of this article
Argo Group Adopts AVYST Technology
Argo Group International Holdings has adopted “insurtech that enables MGAs, wholesalers, and independent brokers to submit, quote, and bind risks seamlessly, without paper or error.” A spokesperson said, “Argo has deployed AVYST’s bi-directional forms system, eForms Wizard, making it possible for clients and brokers to enter risk... Read more of this article
Argo Pro Introduces Private Company PROtect
Argo Pro, a member of Argo Group International Holdings, Ltd. , an international underwriter of specialty insurance and reinsurance, announced an enhanced product offering: Private Company PROtectSM. The packaged professional liability product gives private companies access to a range of coverage, including directors and officers, employment practices... Read more of this article
