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.
Argo Group International Holdings, Inc. (“Argo”) is an underwriter of specialty insurance products in the property and casualty market. Company news releases describe Argo as focusing on business customers, with a U.S.-focused specialty property and casualty strategy and a surety business that has been the subject of dedicated leadership appointments and partnerships.
The ARGO news feed on Stock Titan aggregates company-issued announcements and market disclosures that explain how Argo’s specialty insurance operations are evolving. These items include quarterly and annual financial results, where Argo reports on gross written premiums, net written premiums, earned premiums, loss ratios, expense ratios, combined ratios, catastrophe losses, and reserve development. Such releases provide insight into underwriting performance, the impact of catastrophe events, and the effect of business exits and disposals on international and U.S. operations.
News coverage also reflects major corporate events. A Business Wire release dated November 16, 2023, reports the completion of Brookfield Reinsurance’s all-cash acquisition of Argo and notes that Argo’s common shares ceased trading on the New York Stock Exchange. Subsequent announcements describe leadership changes, including appointments to the chief executive officer and chief financial officer roles, and highlight Argo’s positioning as a U.S.-focused specialty property and casualty company within its new ownership structure.
In addition, Argo has issued releases on strategic initiatives such as its partnership with Trisura Group to support surety underwriting operations and its later announcement of the full redemption and planned delisting of its Series A preferred stock depositary shares and Argo Group US, Inc.’s 6.500% Senior Notes due 2042. For investors and observers, following ARGO news offers a view into Argo’s financial performance, capital structure changes, ratings disclosures, and strategic direction as part of the Brookfield-related insurance platform.
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.
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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.