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, Ltd. (NASDAQGS: ARGO) delivers specialty insurance and reinsurance solutions through its global operations. This news hub provides investors and industry professionals with timely updates on corporate developments across its core segments: Excess & Surplus Lines, Commercial Specialty, and International Specialty.
Access official press releases and market analysis covering ARGO's financial performance, strategic partnerships, and product innovations. Our curated collection simplifies tracking regulatory filings, leadership changes, and operational expansions in the property & casualty insurance sector.
Key updates include earnings announcements, reinsurance market positioning, and risk management initiatives. Bookmark this page for direct access to ARGO's latest corporate communications, enabling informed analysis of its market leadership in complex risk solutions.
Argo Group International Holdings, Ltd. (NYSE: ARGO) has entered into a definitive agreement to sell Argo Underwriting Agency Limited and its Lloyd's Syndicate 1200 to Westfield for approximately
Argo Group International Holdings, Ltd. (NYSE: ARGO) has appointed Jessica Snyder as president of U.S. insurance, effective immediately. Reporting to Tom Bradley, the executive chairman and CEO, Snyder brings nearly 30 years of experience in the property and casualty insurance industry, previously leading GuideOne Insurance. Her leadership is expected to enhance Argo's growth strategies and fortify its operating model. Argo Group is rated ‘A-’ by S&P and A.M. Best, specializing in specialty insurance products.
Argo Group International Holdings, Ltd. announced the appointment of
Argo Group International Holdings, Ltd. (NYSE: ARGO) reported a net loss of $18.9 million for Q2 2022, compared to a net income of $67.1 million in Q2 2021. Despite a decrease of 10.2% in gross written premiums to $732.1 million, net earned premiums from ongoing businesses grew by approximately 12%. The company's expense ratio improved to 35.4% from 37.7% year-over-year due to reduced general and administrative expenses. Additionally, Argo entered into a Loss Portfolio Transfer agreement covering significant U.S. casualty reserves. This strategic move may stabilize future volatility.
Argo Group International Holdings, Ltd. (NYSE: ARGO) declared a quarterly cash dividend of
Argo Group International Holdings, Ltd. (NYSE: ARGO) will release its second quarter 2022 financial results on August 8, 2022, after U.S. markets close. An investor conference call will take place on August 9, 2022, at 10 a.m. EDT. Investors can access a live webcast at this link, or join by phone at +1-844-200-6205 (U.S.) or +1-929-526-1599 (international) using access code 995303. The replay will be available until August 16, 2022.
Argo Group International Holdings (NYSE: ARGO) has appointed Thomas A. Bradley as CEO, effective immediately, after serving as interim CEO since March 2022. Bradley will also retain his role as executive chairman. He succeeds Kevin J. Rehnberg, who will resign from the board due to health reasons. Bradley's extensive experience in the insurance sector, including leadership positions at various companies, is expected to strengthen Argo’s strategic direction. The company aims to continue its focus on enhancing operations and shareholder value.
Argo Group International Holdings, Ltd. (NYSE: ARGO) has declared a quarterly cash dividend of $0.31 per share, which will be paid on June 15, 2022, to shareholders on record as of May 31, 2022. This dividend reflects the company's commitment to returning value to its shareholders.
Argo specializes in property and casualty insurance, rated ‘A-’ by both Standard and Poor’s and A.M. Best. For more details, visit www.argogroup.com.
Argo Group International Holdings, Ltd. (NYSE: ARGO) reported a net loss of $3.6 million or $0.11 per diluted share for Q1 2022, a significant decline from the $27.2 million profit in Q1 2021. Net earned premium grew by 3.1%, while the combined ratio improved to 95.0%, down 8.8 points year-over-year. Operating income surged to $43.4 million, reflecting a robust operating return on equity of 11.4%. Catastrophe losses decreased to $8.7 million, a drop of $38.8 million compared to the previous year. Despite challenges, Argo remains confident in achieving its 2022 financial objectives.
