Welcome to our dedicated page for Argo Group Intl news (Ticker: ARGO), a resource for investors and traders seeking the latest updates and insights on Argo Group Intl stock.
This page archives news coverage for Argo Group International Holdings, Ltd. (ARGO), a former specialty insurance and reinsurance underwriter. Argo Group was acquired by Brookfield Reinsurance and no longer operates independently. Browse historical news to understand the company's business operations in excess and surplus lines, commercial specialty insurance, and international reinsurance markets, as well as the events surrounding its acquisition.
Argo Group's news flow historically included quarterly earnings announcements detailing underwriting results across its specialty insurance segments, regulatory filings related to its property and casualty operations, and strategic developments in its reinsurance business. The company's operations in the excess and surplus lines market generated news around specialized risk placements and market conditions affecting non-standard commercial insurance.
Coverage of Argo Group included material events disclosed through SEC filings, leadership announcements, and business segment performance updates. The specialty insurance sector generates news around catastrophic loss events affecting reinsurance operations, regulatory changes impacting surplus lines carriers, and merger and acquisition activity as larger financial services groups consolidate specialty underwriting platforms.
This historical news archive provides context on Argo Group's evolution as a specialty insurer, its market position within property and casualty insurance, and the circumstances leading to its acquisition. Understanding the company's historical operations and strategic direction offers insight into the specialty insurance market and the trends affecting independent underwriters in the reinsurance sector.
Argo Group International Holdings (ARGO) has announced significant redemption actions and delisting plans. The company will execute two major redemptions on September 15, 2025: (1) All 6,000 outstanding shares of its 7.00% Resettable Fixed Rate Preferred Stock, Series A and corresponding 6,000,000 depositary shares at $25.00 per Depositary Share, and (2) The complete redemption of $143.75 million aggregate principal amount of Argo US' 6.500% Senior Notes due September 15, 2042.
Following these redemptions, Argo plans to delist both securities from the NYSE and deregister them with the SEC. The deregistration is expected to become effective 90 days after filing Form 15.
Argo Group International Holdings, a specialty insurance products underwriter, has announced key leadership changes. Chris Donahue, who joined as Chief Financial Officer in November 2023, has been elevated to Chief Executive Officer. He succeeds Jessica Buss, who served as CEO since November 2023.
Additionally, David Chan, who has been serving as Argo's Chief Accounting Officer since 2022, has been appointed as the new Chief Financial Officer. Chan brings experience from previous senior roles at AmTrust Financial Services, Moody's Investor Services, and PwC.
The company's Board Chair, Jonathan Bayer, emphasized that Donahue has been important in transforming Argo into a U.S.-focused specialty property & casualty company, noting that Argo has a focused strategy for its products and partners and is well-positioned for future growth.
Argo Group International Holdings, Ltd. (NYSE: ARGO) has announced it will release its first quarter 2023 financial results on Monday, May 8, 2023, after U.S. markets close. The company specializes in underwriting specialty insurance products in the property and casualty sector. Argo provides a comprehensive range of insurance products and services tailored for businesses, and its insurance subsidiaries have received an A- rating from both Standard & Poor’s and A.M. Best. For more details, visit argogroup.com.
