watch
Argo Group International Holdings Ltd.

Argo Group International Holdings Ltd.

Sector: Insurance Carriers Not Elsewhere Classified Region: Bermuda


: | Nasdaq: AGII


Similar to: Lincoln National Corp., Hiscox Ltd.

Argo Group International Holdings Ltd. is an international underwriter of specialty insurance and reinsurance products in the property and casualty market. It provides primary and excess insurance, reinsurance products and tailored risk solutions for the managing general agency market. The company operates through four business segments: Excess & Surplus Lines, Commercial Specialty, International Specialty and Syndicate 1200. The Excess & Surplus Lines segment carriers focus on risks that the standard (admitted) market is unwilling or unable to underwrite. The standard market's limited appetite for such coverage is often driven by the insured's unique risk characteristics, the perils involved, the nature of the business, and/or the insured's loss experience. Excess & Surplus Lines carriers are able to underwrite these risks with more flexible policy terms at unregulated premium rates on a non-admitted basis. The Commercial Specialty segment provides property, casualty and surety coverages designed to meet the specialized insurance needs of businesses within certain well-defined markets. It targets business classes and industries with distinct risk profiles that can benefit from specially designed insurance programs, tailored loss control and expert claims handling. The International Specialty segment includes business units that underwrite insurance and reinsurance risks worldwide through the broker market, specializing in specialty property catastrophe reinsurance and excess casualty and professional insurance. The Syndicate 1200 segment is focused on underwriting worldwide property, specialty and non-U.S. liability insurance on behalf of one underwriting syndicate, under the Lloyd's of London global franchise. Argo Group International Holdings was founded on August 7, 2007 and is headquartered in Pembroke, Bermuda.

News & Analysis

You may also be interested in: