Argo Group News

Shareholder Accuses Argo Group of Illegally Appointing Two Board Members

An Argo Group shareholder accusing the company and CEO Mark Watson III of extravagant spending practices now claims that the carrier illegally appointed two board members. Argo disagreed, continuing a very public battle between Voce Capital Management LLC and itself …

Argo Shareholder Accuses CEO Watson of ‘Shockingly High’ Corporate Expenses

An Argo Group shareholder is nominating four new directors to counter what it alleges are “shockingly high” corporate expenses including pricey real estate, an office art collection, and CEO Mark Watson III’s personal use of company-owned aircraft and housing. Argo, …

Argo Group Renews Harambee Re Sidecar for 2019

Argo Group International Holdings Ltd., the Bermuda-based specialty insurer and reinsurer, announced the renewal of Harambee Re Ltd. as Argo Group’s sidecar reinsurer for 2019. Launched in 2013, the sidecar continues Argo Group’s successful track record of building relationships with …

Harris to Head Argo International Operations; Hernandez Takes on Strategic Initiatives Role

Global specialty insurer and reinsurer Argo Group International Holdings, has appointed Matt Harris to be group head of the company’s international insurance operations, including the United Kingdom, Europe, Asia, the Middle East and Bermuda. Jose A. Hernandez, who is currently …

Argo Names Duncan to Lead U.S. Specialty Programs

Specialty insurer Argo Group has appointed Marsh Duncan to serve as senior vice president U.S. Specialty Programs, effective immediately. In this role, Duncan will lead the company’s strategy to offer customized insurance products and services through specialized program administrators. Duncan …

ArgoGlobal Taps Chaucer’s Bull, QBE’s Garcia-Anton Lopez for Casualty Team

ArgoGlobal, the Lloyd’s insurer and member of Argo Group, today announced the appointments of Geoffrey Bull, as casualty treaty underwriter, and Jaime Garcia-Anton Lopez, as professional indemnity (PI) underwriter. Bull and Garcia-Anton Lopez take up their roles immediately. Bull will …

Argo Group Acquires Italian Specialty Insurer Ariscom

Argo Group International Holdings is the proud new owner of Italian specialty insurer Ariscom, giving it an efficient way to expand through Europe. Neither side disclosed financial details. Argo Group CEO Mark E. Watson III explained that the purchase helped …

Argo Group Renews Harambee Re Sidecar Reinsurer for 2018

Argo Group International Holdings Ltd., the international underwriter of specialty insurance and reinsurance products, announced the renewal of Harambee Re Ltd. as Argo Group’s sidecar reinsurer for 2018. Launched in 2013, the sidecar continues with the company’s “successful track record …

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 …