 | |
| Company type | Public |
|---|---|
| NYSE: ARGO (2018-23) | |
| Industry | Insurance |
| Founded | August 1948 |
| Headquarters | 501 7th Avenue, 7th Floor New York, NY 10018 |
Key people | Jessica (Snyder) Buss (President & CEO) |
| Revenue |  US$ 1.89 billion (2020) |
 US$ 22.3 million (2020) | |
| US$ 71.9 million (2020) | |
| Total assets | US$ 10.47 billion (2020) |
| Total equity | US$ 1.86 billion (2020) |
| Owner |
|
Number of employees | 1,515 (2020) |
| Website | www.argogroup.com |
Argo Group International Holdings, Inc, or Argo Group (NYSE: ARGO/PA; NYSE: ARGD), is a U.S.-based underwriter of specialty insurance products in the property and casualty market.[1]
It and its insurance subsidiaries are rated "A−" by Standard & Poor's. Argo's insurance subsidiaries are rated "A−" by AM Best. In 2017, the San Antonio Express-News wrote that "the company has made more than $1 billion in profit over the last decade as a mid-sized player in a niche field insuring complex or hard-to-price risks other insurers won’t touch."[2] It was listed on the New York Stock Exchange in May 2018.[3]
On November 16, 2023, the firm was acquired by Brookfield Reinsurance for approximately $1.1 billion.[4]
- ^ "AGII Company Profile". Archived from the original on 2015-04-02.
- ^ Patrick Danner (May 19, 2017). "Who insured Princess Leia? Argo Group made more than $1B covering 'weird stuff'". San Antonio Express-News. Retrieved May 18, 2018.
- ^ "Global Insurer Argo Group Switches Exchange Listing to NYSE". Rivard Report. May 8, 2018. Retrieved May 18, 2018.
- ^ "Brookfield Reinsurance Completes $1.1 Billion Acquisition of Argo Group". Business Wire. Retrieved 2023-12-11.