Tag: Argo Group

Westfield Expands into International Specialty Insurance Business

Successfully executing on its Specialty Insurance expansion strategy, Westfield today announced its entrance into the international specialty market via the purchase of Lloyd’s of London Syndicate 1200 from Argo Group International Holdings, Ltd. As a leading property and casualty (P&C) insurance company in the United States, this acquisition accelerates Westfield Specialty’sSM rapid growth after a… Continue reading Westfield Expands into International Specialty Insurance Business

Coronavirus-Related Claims Push Specialty Insurer Argo into the Red

Claims for event cancellations and business interruptions due to the coronavirus outbreak led specialty insurer Argo Group International Holdings Ltd. to end the first quarter in the red. The Bermuda company, which maintains its U.S. headquarters in San Antonio where it employs about 200, reported Thursday that $26.2 million of $29.1 million in catastrophe losses… Continue reading Coronavirus-Related Claims Push Specialty Insurer Argo into the Red

Amid SEC Probe, Argo Group Announces CEO Transition

Argo Group International Holdings, Ltd. today announced the retirement of Mark E. Watson III as Chief Executive Officer, effective immediately. The Board of Directors has named Kevin J. Rehnberg as Interim Chief Executive Officer, effective immediately and subject to Bermuda regulatory approval. Watson will continue to serve as a member of the Board and as… Continue reading Amid SEC Probe, Argo Group Announces CEO Transition

Argo Group Gets SEC Subpoena Over Executive Compensation

SEC Sues Coinbase

Argo Group International Holdings Ltd. has been subpoenaed by U.S. securities regulators about perks for its executives and is conducting an internal review. The U.S. Securities and Exchange Commission is seeking documents focused on Argo’s disclosures about executive compensation, the company said in response to inquiries from Bloomberg News. Its independent directors are conducting a… Continue reading Argo Group Gets SEC Subpoena Over Executive Compensation