Argo Group News

Argo Insurance Offers New Excess Casualty Facility

Argo Insurance, the Bermuda-based platform for Argo Group International Holdings’ worldwide professional and casualty lines, has launched a new excess casualty facility. Effective immediately, the new offering provides an additional $25 million in limits for targeted industries. The new facility …

Rose Joins Argo Group as Chief Investment Officer

The Bermuda-based Argo Group International Holdings announced that Mark H. Rose has joined Argo Group as chief investment officer. He brings to Argo Group “a broad knowledge of markets and asset classes and has experience investing, managing and trading for …

Rehnberg Joins Argo Group as President, U.S. Operations

Argo Group International Holdings Ltd. announced Kevin J. Rehnberg has been selected to head its U.S. operations. He is based in Argo’s San Antonio headquarters. Previously, Rehnberg served as executive vice president for specialty lines at OneBeacon Insurance where he …

Earnings Reports: Argo Group, Flagstone Re

Selected earnings highlights from the Bermuda-based Argo Group for the second quarter and the first six months of 2012 are as follows: Q2 2012 Q2 2011 Gross premiums written ———— $474.20 mn $406.70 mn Net premiums written ————— $361.50 mn …

Best Affirms Argo Re, Argo Group and Subs Ratings; Outlook Stable

A.M. Best Co. has affirmed the financial strength ratings (FSR) of ‘A’ (Excellent) and issuer credit ratings (ICR) of “a” of Bermuda-based Argo Re Ltd. and its subsidiaries, as well as the ICR of “bbb” and debt ratings of the …

Earnings Report: Argo Group

Selected earnings highlights from the Bermuda-based Argo Group for the first quarter of 2012 are as follows: Q1 2012 Q1 2011 Gross premiums written ———— $396.3 mn $347.8 mn Net premiums written ————— $241.2 mn $244.4 mn Net premiums earned …

Argo Group Opens Office in Dubai

The Bermuda-based Argo Group International Holdings announced that it has established a “locally domiciled insurance operation in the heart of the Dubai International Financial Center (DIFC).” The new company – Argo Re (DIFC) Ltd. – is a subsidiary of Argo …

Best Affirms Argo Group International and Subs Ratings

A.M. Best Co. has affirmed the financial strength rating (FSR) of ‘A’ (Excellent) and issuer credit ratings (ICR) of “a” of Bermuda-based Argo Re Ltd. and its subsidiaries. Best also affirmed the ICR of “bbb” and debt ratings of the …

First Quarter Earnings Reports: Hannover Re, Argo Group