Argo Group International Holdings News

Argo and Aspen Issue Loss Estimates for Q3 Natural Catastrophes

Argo Group International Holdings Ltd. and Aspen Insurance Holdings Ltd. have issued their third quarter catastrophe loss estimates, primarily related to Hurricanes Harvey, Irma and Maria as well as the earthquakes in Mexico City. Argo, the Bermuda-based specialty insurance and …

Argo Taps Eccles from Travelers as International Chief Underwriting Officer

Argo Group International Holdings Ltd., the Bermuda-based specialty insurance and reinsurance company, has announced the appointment of Steve Eccles to serve as the chief underwriting officer for its international business, subject to regulatory approval. Eccles will begin in this role …

Argo Group Completes Ariel Re Purchase; Mather Heads Reinsurance Unit

Argo Group International Holdings Ltd., the Bermuda-based underwriter of specialty insurance and reinsurance, announced that former Ariel Re chief executive officer, Ryan Mather, will serve as Argo’s global head of reinsurance, leading all reinsurance operations. The company’s reinsurance business will …

Argo Group to Acquire Ariel Re for $235M

Argo Group International Holdings Ltd., the Bermuda-based underwriter of specialty insurance and reinsurance products, announced it has entered an agreement to acquire Ariel Re, an underwriter of global re/insurance business, for approximately $235 million in cash. The acquisition, which is …

Wharton Joins Argo Group to Head Bermuda Professional Lines Operations

Argo Group International Holdings, Ltd. announced that William M. Wharton has been appointed to serve as head of professional lines operations in Bermuda. He has experience in Asia and Europe, in addition to Bermuda and the US, and “will complement …

Argo Group Reports Q3 Net Income of $35.3M vs. $44.7M for Q3 2014

Bermuda-headquartered Argo Group International Holdings Ltd. reported net income of $35.3 million, or $1.24 per diluted share, compared to $44.7 million, or $1.54 per diluted share, for the third quarter of 2014. Net income for the nine month period ended …

Hindson Joins Argo Group as Chief Risk Officer

Argo Group International Holdings Ltd., the Bermuda-based underwriter of specialty insurance and reinsurance products, announced that Alex Hindson has been appointed as chief risk officer. Hindson joins Argo Group from Amlin AG where he served as chief risk officer for …

Argo Reports 2015 Q2 Net Income of $27.9M, Compared to $38.6M in 2014

Argo Group International Holdings Ltd. reports net income of $27.9 million or $0.98 per diluted share, compared to $38.6 million or $1.32 per diluted share for the second quarter of 2014. “Argo Group’s second quarter results demonstrate continued momentum in …

Argo Group Posts $58.8 Million Q1 2015 Net Income; $29.3 Million Operating

The Bermuda-based Argo Group International Holdings, Ltd. announced first quarter net income of $58.8 million or $2.05 per diluted share, compared to $40.2 million or $1.36 per diluted share for the first quarter of 2014. Other earnings highlights were listed …

Argo Reports Q4 Net Income of $59.7 Million; $183.2 Million for Full Year

Bermuda-based Argo Group International Holdings Ltd., the underwriter of specialty insurance and reinsurance products, reported net income for the year ended December 31, 2014 of $183.2 million or $6.90 per diluted share, compared to $143.2 million or $5.14 per diluted …