Argo Estimates Losses from Q4 Natural Catastrophes, Other Claims to Hit $44M

Article 0 Comments Argo Group International Holdings, Ltd., the Bermuda-based re/insurer, announced a preliminary pre-tax catastrophe loss estimate of $32 million for the fourth quarter of 2018, primarily related to Hurricane Michael and the California wildfires. Additionally, the company’s fourth quarter 2018 results will be affected by higher than expected […]

Argo Group Renews Harambee Re Sidecar for 2019

Article 0 Comments Argo Group International Holdings Ltd., the Bermuda-based specialty insurer and reinsurer, announced the renewal of Harambee Re Ltd. as Argo Group’s sidecar reinsurer for 2019. Launched in 2013, the sidecar continues Argo Group’s successful track record of building relationships with third-party capital providers to support the company’s […]

Everest Re and Argo Report Net Catastrophe Loss Estimates for Q3 2018

Article 0 Comments Everest Re Group Ltd. and Argo Group International Holdings Ltd. announced their preliminary pre-tax catastrophe loss estimates for the third quarter, ended Sept. 30, 2018. Bermuda-based Everest Re’s estimated catastrophe loss was $240 million, net of reinsurance. The estimate includes third quarter 2018 losses from Hurricane Florence, […]

Argo Group Acquires Italian Specialty Insurer Ariscom

Article 0 Comments Argo Group International Holdings is the proud new owner of Italian specialty insurer Ariscom, giving it an efficient way to expand through Europe. Neither side disclosed financial details. Argo Group CEO Mark E. Watson III explained that the purchase helped give the property/casualty specialty insurer and reinsurer […]