February 3, 2023
Westfield has completed the acquisition of Lloyd’s of London Syndicate 1200 from Argo Group International Holdings Ltd. for about $125 million. The deal was first announced in September 2022. Westfield said this strategic acquisition establishes the company as a global …
November 14, 2022
Enstar Group Ltd., the Bermuda-based legacy acquisition specialist, announced that one of its wholly owned subsidiaries has closed its loss portfolio transfer transaction with specialty insurance underwriter Argo Group International Holdings Ltd. to reinsure a number of its direct U.S. …
September 8, 2022
Westfield said it has expanded into the international specialty insurance market by buying Lloyd’s Syndicate 1200 from Argo Group International Holdings for about $125 million. The acquisition is expected to close during the first half of 2023 pending regulatory approval. …
August 9, 2022
Argo Group International Holdings handed a board seat to its largest investor on Monday, adding activist hedge fund manager J. Daniel Plants only a few months after announcing a strategic review that could include a sale of the insurance company. …
June 24, 2022
Thomas A. Bradley has stepped into the role of chief executive officer of Argo Group International Holdings Ltd., the Bermuda-based specialty insurer. Bradley, who has served as Argo’s chairman since 2020, has been interim CEO since March 2022 when Kevin …
April 28, 2022
Argo Group International Holdings Ltd., the Bermuda-based re/insurer, announced that its board of directors has initiated an exploration of strategic alternatives. As part of this process, the board will consider a wide range of options for the company including, among …
March 7, 2022
Kevin J. Rehnberg, chief executive officer of Argo Group International Holdings Ltd., announced on March 2, 2022 that he would be temporarily unable to perform his duties for health reasons. Effective March 3, 2022, Thomas A. Bradley, who served on …
February 16, 2022
Argo Group International Holdings Ltd., the Bermuda-based underwriter of specialty insurance products, announced the completion of the sale of Argo Seguros Brasil S.A. to Spice Private Equity Ltd. “The closing of this transaction is another definitive step as Argo evolves …
November 12, 2021
Specialty insurer Argo Group International Holdings has agreed to sell the renewal rights of its U.S. specialty property business to Westfield Insurance of Ohio. This transaction includes Argo’s shared and layered property business, which underwrites catastrophic-focused excess and surplus property …
October 4, 2021
Argo Group International Holdings Ltd., an underwriter of specialty insurance, announced an agreement to sell its Brazilian operations, Argo Seguros Brasil S.A. (Argo Brazil), to Spice Private Equity Ltd. (Spice PE), an investment company focused on global private equity investments, …