ARGO
Argo Group International Holdings, Ltd.ARGO
ARGO
Delisted
ARGO was delisted on the 15th of November, 2023.
About: Argo Group International Holdings Ltd is a property and casualty insurance company. It has two reportable segments which are U.S. Operations and International Operations. The U.S. Operations segment is comprised of two primary operating divisions, Excess and Surplus Lines and Specialty Admitted, while International Operations' primary operating divisions are Syndicate 1200, Reinsurance, and Argo Insurance Bermuda. The vast majority of revenue generation occurs within the excess and surplus lines segment, which underwrites casualty, property, and professional liability coverage for various clients. Argo generates the majority of its revenue in the United States, followed by the United Kingdom and Bermuda.
Employees: 1,224
Financial journalist opinion
Neutral
Business Wire
1 month ago
AM Best Revises Outlooks to Stable for Argo Group International Holdings, Inc. and Its Subsidiaries
OLDWICK, N.J.--(BUSINESS WIRE)--AM Best has revised outlooks to stable from positive and affirmed the Long-Term Issuer Credit Rating (Long-Term ICR) of “bbb-” (Good) and the associated Long-Term Issue Credit Ratings (Long-Term IR) of Argo Group International Holdings, Inc. (Argo Group) (headquartered in New York, NY). In addition, AM Best has revised the outlooks to stable from positive and affirmed the Financial Strength Rating (FSR) of A- (Excellent) and the Long-Term ICRs of “a-” (Excellent).
Neutral
Business Wire
2 months ago
Argo Group Announces Leadership Changes
NEW YORK--(BUSINESS WIRE)--Argo Group International Holdings, Inc. (“Argo” or “the company”), an underwriter of specialty insurance products, today announced the appointment of Chris Donahue as Chief Executive Officer. Mr. Donahue joined the company in November 2023 as Chief Financial Officer. “Chris has been integral to the transformation of Argo into a U.S.-focused specialty property & casualty company,” said Jonathan Bayer, Chair of Argo's Board of Directors. “Argo has a focused strategy.
Neutral
GlobeNewsWire
4 months ago
Core Specialty Announces Purchase of Professional Lines Business Renewal Rights and Related Unearned Premium Reserve from Certain Subsidiaries of Argo Group International Holdings, Inc.
CINCINNATI, Jan. 06, 2025 (GLOBE NEWSWIRE) -- Core Specialty Insurance Holdings, Inc. (“Core Specialty”) announced today that Core Specialty and its subsidiaries have entered into a series of transactions with certain subsidiaries of Argo Group International Holdings, Inc. (“Argo”) for the purchase of renewal rights and related unearned premium reserve for a substantial portion of Argo's professional lines businesses (“Argo Pro”). Argo Pro provides professional lines insurance products with primary and excess options on admitted and non-admitted bases to a variety of segmented organizations. The business will complement two of Core Specialty's divisions: Directors & Officers Management Professional Liability, led by Stephen Moore (President) and Errors & Omissions Professional Liability, led by Jeff Jacobs (President).
Positive
Seeking Alpha
11 months ago
Argo Group Preferred 'A' Stock Poised For Very Big Returns
Argo Group International is an investment grade insurance company that was purchased by Brookfield Reinsurance not too long ago. At current interest rates, if ARGO-A is not called on 9/15/2025, its yield will reset to a whopping "qualified" 11.58%. This “qualified dividend” paying preferred stock has a yield-to-call of 8.48%, far better than the yields on other preferred stocks of the same credit rating.
Neutral
Business Wire
1 year ago
AM Best Removes Under Review With Developing Implications; Affirms Credit Ratings of Argo Group International Holdings, Inc. and Its Subsidiaries
OLDWICK, N.J.--(BUSINESS WIRE)-- #insurance--AM Best has removed from under review with developing implications and affirmed the Long-Term Issuer Credit Rating (Long-Term ICR) of “bbb-” (Good) and the associated Long-Term Issue Credit Ratings (Long-Term IR) of Argo Group International Holdings, Inc. (Argo Group) (headquartered in New York, NY). In addition, AM Best has removed from under review with developing implications and affirmed the Financial Strength Rating (FSR) of A- (Excellent) and the Long-Term.
Neutral
Business Wire
1 year ago
AM Best Maintains Under Review With Developing Implications Status for Credit Ratings of Argo Group International Holdings, Ltd. and Its Subsidiaries
OLDWICK, N.J.--(BUSINESS WIRE)-- #insurance--AM Best has maintained the under review with developing implications status for the Long-Term Issuer Credit Rating (Long-Term ICR) of “bbb-” (Good) and the associated Long-Term Issue Credit Ratings (Long-Term IR) of Argo Group International Holdings, Ltd. (Argo Group) (Pembroke, Bermuda). In addition, AM Best has maintained the under review with developing implications status for the Financial Strength Rating (FSR) of A- (Excellent) and the Long-Term ICRs of “a-”.
Neutral
Business Wire
1 year ago
Brookfield Reinsurance Completes $1.1 Billion Acquisition of Argo Group
HAMILTON, Bermuda--(BUSINESS WIRE)--Brookfield Reinsurance Completes $1.1 Billion Acquisition of Argo Group.
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