NYSE:ARGO

Brookfield Reinsurance Completes $1.1 Billion Acquisition of Argo Group

Retrieved on: 
Thursday, November 16, 2023

Argo Group International Holdings, Ltd. (“Argo”) today announced the completion of Brookfield Reinsurance’s acquisition of Argo in an all-cash transaction valued at approximately $1.1 billion.

Key Points: 
  • Argo Group International Holdings, Ltd. (“Argo”) today announced the completion of Brookfield Reinsurance’s acquisition of Argo in an all-cash transaction valued at approximately $1.1 billion.
  • Under the terms of the transaction, Brookfield Reinsurance acquired all issued and outstanding common shares of Argo at a price of $30 per share.
  • Argo’s leading U.S. specialty platform adds a foundational piece to Brookfield Reinsurance’s expanding U.S. P&C operations and increases Brookfield Reinsurance’s assets to over $50 billion.
  • Snyder, an experienced executive with over 30 years of industry experience, joined Argo in 2022 as President, U.S. Insurance.

Greg Chilson to Serve as President of Argo Surety

Retrieved on: 
Monday, August 21, 2023

Argo Group International Holdings, Ltd. (NYSE: ARGO) ("Argo" or the "company") today announced Greg Chilson as president of Argo Surety, effective September 1.

Key Points: 
  • Argo Group International Holdings, Ltd. (NYSE: ARGO) ("Argo" or the "company") today announced Greg Chilson as president of Argo Surety, effective September 1.
  • “Greg joins the company with a tremendous amount of industry experience as we look to build on Argo Surety’s track record as a very profitable, growth-oriented business,” said Argo’s President of U.S. Insurance, Jessica Snyder.
  • Chilson joins Argo from RLI Insurance Company where he led the surety business and held various roles during his 27-year tenure.
  • Most recently, he served as vice president and director, Enterprise Risk Management at Markel Surety.

Argo Group Schedules Second Quarter 2023 Earnings Release

Retrieved on: 
Tuesday, July 25, 2023

Argo Group International Holdings, Ltd. (“Argo”) (NYSE: ARGO) announced today it will release second quarter 2023 financial results after the close of U.S. financial markets on Monday, August 7, 2023.

Key Points: 

Argo Group International Holdings, Ltd. (“Argo”) (NYSE: ARGO) announced today it will release second quarter 2023 financial results after the close of U.S. financial markets on Monday, August 7, 2023.

Argo Surety Partners with Trisura Group

Retrieved on: 
Thursday, May 25, 2023

Argo Group International Holdings, Ltd. (NYSE: ARGO) ("Argo" or the "company") today announced an agreement, effective immediately, with North American insurer, Trisura Group, Ltd. to support its surety underwriting operations as it works to revamp and grow its surety business.

Key Points: 
  • Argo Group International Holdings, Ltd. (NYSE: ARGO) ("Argo" or the "company") today announced an agreement, effective immediately, with North American insurer, Trisura Group, Ltd. to support its surety underwriting operations as it works to revamp and grow its surety business.
  • Trisura will provide surety underwriting services and other services to support Argo’s surety operations.
  • "This partnership is an important step as we work to evolve Argo Surety,” said Argo Executive Chairman and Chief Executive Officer, Thomas A. Bradley.
  • “We are pleased to partner with Argo and believe the collaboration will expand support for both Argo and Trisura stakeholders.

Argo Group Schedules First Quarter 2023 Earnings Release

Retrieved on: 
Thursday, April 20, 2023

Argo Group International Holdings, Ltd. (“Argo”) (NYSE: ARGO) announced today it will release first quarter 2023 financial results after the close of U.S. financial markets on Monday, May 8, 2023.

Key Points: 

Argo Group International Holdings, Ltd. (“Argo”) (NYSE: ARGO) announced today it will release first quarter 2023 financial results after the close of U.S. financial markets on Monday, May 8, 2023.

Argo Group Shareholders Approve Proposed Merger with Brookfield Reinsurance

Retrieved on: 
Wednesday, April 19, 2023

Argo Group International Holdings, Ltd. (“Argo”) (NYSE: ARGO) today announced that Argo shareholders voted to approve an agreement for Brookfield Reinsurance Ltd. (“Brookfield Reinsurance”) to acquire Argo in an all-cash transaction valued at approximately $1.1 billion (the “Merger”).

Key Points: 
  • Argo Group International Holdings, Ltd. (“Argo”) (NYSE: ARGO) today announced that Argo shareholders voted to approve an agreement for Brookfield Reinsurance Ltd. (“Brookfield Reinsurance”) to acquire Argo in an all-cash transaction valued at approximately $1.1 billion (the “Merger”).
  • The Merger remains subject to other customary closing conditions, including receipt of required regulatory approvals.
  • Argo and Brookfield Reinsurance expect to complete the Merger in the second half of 2023.
  • Argo will file the final vote results, as certified by the independent Inspector of Election, on a Form 8-K with the U.S. Securities and Exchange Commission.

SHAREHOLDER INVESTIGATION: Halper Sadeh LLC Investigates GMED, ARGO, OSH

Retrieved on: 
Sunday, March 26, 2023

If you are a Globus shareholder, click here to learn more about your rights and options .

Key Points: 
  • If you are a Globus shareholder, click here to learn more about your rights and options .
  • If you are an Argo shareholder, click here to learn more about your rights and options .
  • Please call Daniel Sadeh or Zachary Halper at (212) 763-0060 or email [email protected] or [email protected] .
  • Halper Sadeh LLC represents investors all over the world who have fallen victim to securities fraud and corporate misconduct.