Reinsurance News
Argo Group
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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