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Reinsurance News

Argo Group

Situation in London & other re/insurance markets unsustainable: Argo CEO Watson

10th September 2017

The situation in London and similar insurance and reinsurance markets is "unsustainable" as soft pricing, excess capital and high competition are leading underwriters to make decisions they may regret, according to Argo Group CEO Mark E. Watson III. In a letter to shareholders Argo CEO Watson recognises the tough re/insurance market ... Read the full article

Colony Specialty appoints Kelly Killimett to head of environmental business

18th August 2017

Colony Specialty, a member of Argo Group International Holdings, has named Kelly Killimett as new head of the firm's environmental business succeeding Marsh Duncan who will move into a role as head of digital business development. Killimett reports to Ron Vindivich, president, Argo Group U.S. Excess & Surplus Lines, Duncan will ... Read the full article

Argo names Vindivich to lead U.S. E&S, Coates replaces at Trident

18th August 2017

International specialty insurance and reinsurance firm Argo Group International Holdings, Ltd.has appointed Ron Vindivich to lead its U.S. Excess & Surplus lines division, which includes the company’s Colony Specialty business. Sue Coates has been promoted to senior vice president, to replace Vindivich in his former role as head of Trident Public ... Read the full article

Argo expands in reinsurance thanks to Ariel Re acquisition

8th August 2017

Argo Group International Holdings, Ltd. has expanded its reinsurance portfolio with the help of the scale and reach added following the acquisition of Ariel Re. Overall Argo has increased its gross written premiums by almost 23% to $687.2 million in Q2 2017, but in its international business the reinsurance growth ... Read the full article

ArgoGlobal names Dominic Kirby managing director of Argo Managing Agency

1st August 2017

ArgoGlobal has announced Dominic Kirby as newly appointment Managing Director of Argo Managing Agency, set to replace David Harris who is transitioning into a new role as Head of Performance. Argo Group Chief Executive Officer (CEO), Mark Watson, said; "Dom has been a valuable member of the Ariel Re underwriting leadership ... Read the full article

Argo Group hires former AIG Country Head to lead Europe and Asia operations

31st July 2017

Global specialty insurer and reinsurer, Argo Group International Holdings, Ltd., has announced the appointment of Matt Harris as the new head of its Europe and Asia operations, effective immediately. The new role will see Harris report to Argo's Head of International business, Jose A. Hernandez, and he brings more than 25 years of ... Read the full article

Gibson joins Neon from Argo Group as Director of Reinsurance & Alternative Capital

19th July 2017

Insurance and reinsurance specialist, Neon Underwriting, has named Mark Gibson from Argo Group as its Director of Reinsurance and Alternative Capital. Gibson will report to Neon's Managing Director, Ian Martin, and have responsibility for developing the company's outwards reinsurance programmes and alternative, or third-party reinsurance capital strategy. Gibson previously worked for BNP ... Read the full article

ArgoGlobal expands presence in MGA market with MGAA sponsorship

3rd July 2017

Lloyd's of London insurer and member of Argo Group, ArgoGlobal, is to serve as a gold sponsor of the Managing General Agents' Association (MGAA), as it continues its commitment to expanding its presence in the MGA marketplace. The MGAA is a UK-based not-for-profit organisation that is dedicated to "representing true MGAs," ... Read the full article

Argo Pro announces new senior appointments

29th June 2017

Argo Group International Holdings, Ltd. member, Argo Pro, has announced senior appointments within its financial institutions and architects & engineers (A&E) divisions. Mary Henderson has been named Senior Vice President (SVP), Head of Financial Institutions, and will be tasked with expanding Argo Pro's capabilities in the financial institutions marketplace via new ... Read the full article

Argo Hires Jorge Luis Cazar León to head up Latin America re/insurance

12th June 2017

Specialty insurance and reinsurance provider Argo Group International Holdings, Ltd. has named Jorge Luis Cazar León as its new Head of Latin America, a role which will see him with oversight of both insurance and reinsurance operations in Central and South America. Cazar takes up the role with immediate effect and ... Read the full article

ArgoGlobal names Paul Harris professional indemnity underwriter

4th May 2017

Lloyd's of London insurer and Argo Group subsidiary, ArgoGlobal, has announced the appointment of Paul Harris as professional indemnity underwriter, effective immediately. Harris will report to James McPartland, professional indemnity class underwriter, and joins the firm from Starr Companies, where he was most recently a professional indemnity underwriter. Before Starr Companies ... Read the full article

Argo Group to simplify organisational reporting

2nd May 2017

International insurer and reinsurer Argo Group International Holdings, Ltd. has revealed that it plans to make changes to its reporting of financial results, with two reporting segments, U.S. operations and International operations. The change looks to simplify how the re/insurer reports its operational results, with the company now reporting on two ... Read the full article

Argo Surety appoints James Bluzard to Contract Surety central region vice president

11th April 2017

Specialty underwriter Argo Surety, member of re/insurer Argo Group International Holdings, has announced James Bluzard as newly appointed central region vice president for Contract Surety with immediate effect. In his new role, Bluzard will lead the development of local office teams and supervise underwriting activities. He will report directly to David Layman, ... Read the full article

Specialty re/insurer Argo reveals digitally-driven growth

22nd March 2017

Specialty insurer and reinsurer Argo attributed much of its $49 million underwriting income success to leveraging digital tools to drive growth across specialty commercial lines, in its 2016 annual review. Chief Executive Officer (CEO), Mark Watson, said the firm's technology and engineering teams had closely worked together to achieve better underwriting through improved analysis and ... Read the full article

Argo Group adds two to Board of Directors

28th February 2017

International specialty insurer and reinsurer, Argo Group International Holdings, Ltd., recently announced the appointment of Dee Lehane and Al-Noor Ramji to its Board of Directors. Currently the Independent Chair of a Cabinet Office venture, Debt Market Integrator and Chairman of ORIC International, Lehane has substantial experience with strategic issues and technology-led business adaptions at insurance ... Read the full article

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