Reinsurance News
Argo Group
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
Argo Group announces new agreement with Marine Underwriters of America
27th February 2017
International specialty insurer and reinsurer Argo Group International Holdings, Ltd. has announced a new partnership with Marine Underwriters of America (MUA), enabling Argo Group U.S. to underwrite a suite of physical damage and liability solutions for recreational marine businesses. The book of business will be reinsured by ArgoGlobal Syndicate 1200, and ... Read the full article
Argo launches M&A transactional risk insurance program
16th February 2017
Specialty insurance and reinsurance firm Argo Group is getting into the transactional risk insurance space, focusing on the smoothing of merger & acquisition pains for clients. Argo division Argo Pro has partnered with BlueChip Underwriting Services LLC, to offer a transactional risk insurance program designed to facilitate mergers and ... Read the full article
Argo to retain Ariel Re brand, names Mather Global Head of Reinsurance
7th February 2017
In the wake of its successful acquisition of Ariel Re, global specialty insurance and reinsurance underwriting company Argo Group International Holdings, Ltd. has named former Ariel Re chief executive officer, Ryan Mather as its Global Head of Reinsurance. Argo Group completed its acquisition of Ariel Re just yesterday, in a ... Read the full article
Argo closes on acquisition of Ariel Re
7th February 2017
Argo Group International Holdings, Ltd., the specialty insurance and reinsurance underwriting firm has announced the completion and closure of its previously announced acquisition of Ariel Re, another global underwriter of insurance and reinsurance business. Argo acquired Ariel Re for around $235 million in cash, as a way to advance its strategic ... Read the full article
Argo puts Q4 2016 catastrophes losses at $20m – $25m
18th January 2017
Specialty insurance and reinsurance underwriting firm Argo Group International Holdings, Ltd. has estimated its fourth-quarter 2016 pre-tax catastrophe losses at $20 million to $25 million. The preliminary estimate, released before the fourth-quarter results season begins in the coming weeks, is pre-tax and net of reinsurance and reinstatement premiums. Argo Group explained that ... Read the full article
Argo Surety names David Layman VP, CUO, Contract Surety
12th January 2017
Argo Surety, a subsidiary of specialty insurer and reinsurer Argo Group International Holdings, Ltd. has announced the appointment of David M. Layman to the newly created role of Vice President (VP) and Chief Underwriting Officer (CUO), Contract Surety, effective immediately. Layman joins Argo Surety with nearly three decades of surety experience in ... Read the full article
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