ARGO - Dividend announcements

Focused On Optimizing Business For Profitable Growth Pending merger with Brookfield Reinsurance: The parties have received a majority of the required regulatory approvals. The merger agreement outside date for completing the transaction has been automatically extended from today to February 8, 2024, pursuant to the terms of the merger agreement, as all conditions to closing are satisfied other than receipt of the remaining required regulatory approvals. Both companies remain committed to closing the transaction as expeditiously as possible, and expect the transaction to close in 2023, subject to receipt of the remaining required regulatory approvals. Argo Group International Holdings,

Focused On Optimizing Business For Profitable Growth Pending merger with Brookfield Reinsurance: We continue to expect the merger to close the second half of 2023, subject to customary closing conditions, including receipt of required regulatory approvals. Low Catastrophe Losses: Total catastrophe losses were $3.1 million for second quarter 2023; catastrophe losses for the first six months of 2023 were 40% lower than the same period in 2022. Improved Efficiency: Expense ratio of 33.6% improved 1.8 percentage points from the prior year second quarter. Argo Group International Holdings, Ltd. (NYSE:ARGO) ("Argo" or the "company") today announced financial results for the three and

Argo Shareholders Approve Proposed Merger with Brookfield Reinsurance  Reduced Catastrophe Losses: Total catastrophe losses of $3.6 million were 59% lower than the first quarter 2022; reflects volatility reduction efforts through exiting businesses with property catastrophe exposure. Disciplined Expense Focus: Expense ratio of 35.1% improved 90 basis points from the prior year first quarter, driven in part by ongoing cost reduction efforts. Continued Strategic Growth in U.S. Ongoing Business: U.S. Operations earned premiums decreased 3% from the prior year first quarter, while earned premiums from U.S. ongoing business1 grew approximately 6%, primarily attributable to business li

Completed Strategic Alternatives Review; Entered into a Definitive Merger Agreement to be Acquired by Brookfield Reinsurance for Approximately $1.1 Billion Simplified Business Model: Completed sale of Argo Underwriting Agency Limited and its Lloyd's Syndicate 1200 on February 2, 2023, transforming Argo into a focused, pure-play U.S. specialty insurer. Further Strengthened and De-Risked Balance Sheet: Completed U.S. loss portfolio transfer. In the fourth quarter 2022, recognized an after-tax charge of approximately $100.0 million in connection with the transaction. Reduced Catastrophe Exposure: Total catastrophe losses were $9.4 million in the fourth quarter 2022. Full year 2022 tota

BROOKFIELD, NEWS, Feb. 08, 2023 (GLOBE NEWSWIRE) -- Brookfield Reinsurance ((NYSE, TSX:BNRE) and Argo Group International Holdings, Ltd. ("Argo") (NYSE:ARGO) today announced they have entered into a definitive merger agreement whereby Brookfield Reinsurance will acquire Argo in an all-cash transaction valued at approximately $1.1 billion. Sachin Shah, Chief Executive Officer of Brookfield Reinsurance, said, "The acquisition of Argo represents another milestone in the continued expansion of our insurance solutions business. Argo's leading U.S. specialty platform adds a foundational piece to our expanding U.S. P&C operations. We look forward to partnering with the Argo team to support the

NEW YORK, Dec. 09, 2022 (GLOBE NEWSWIRE) -- Keefe, Bruyette & Woods, Inc., a leading specialist investment bank to the financial services and fintech sectors, and a wholly owned subsidiary of Stifel Financial Corp. (NYSE:SF), announces the upcoming index rebalancing for the fourth quarter of 2022. This quarter, there are constituent changes within two of our indexes: the KBW Nasdaq Financial Sector Dividend Yield Index (Index Ticker: KDX, ETF Ticker: KBWD) and the KBW Nasdaq Premium Yield Equity REIT Index (Index Ticker: KYX, ETF Ticker: KBWY). There are a number of changes to the two modified-dividend-yield-weighted indexes—KDX and KYX—to adjust annually for relevant dividend yields and

Argo Group International Holdings, Ltd. (NYSE:ARGO) announced today that the Board of Directors declared a quarterly cash dividend of $0.31 per share on the company's common stock. The cash dividend will be paid on December 15, 2022, to shareholders of record on November 30, 2022. ABOUT ARGO GROUP INTERNATIONAL HOLDINGS LTD. Argo Group International Holdings, Ltd. (NYSE:ARGO) is an underwriter of specialty insurance products in the property and casualty market. Argo offers a full line of products and services designed to meet the unique coverage and claims-handling needs of businesses in two primary segments: U.S. Operations and International Operations. Argo and its insurance subsidiarie

Argo Group International Holdings, Ltd. (NYSE:ARGO) announced today that the Board of Directors declared a quarterly cash dividend of $0.31 per share on the company's common stock. The cash dividend will be paid on September 15, 2022 to shareholders of record on August 31, 2022. ABOUT ARGO GROUP INTERNATIONAL HOLDINGS LTD. Argo Group International Holdings, Ltd. (NYSE:ARGO) is an underwriter of specialty insurance products in the property and casualty market. Argo offers a full line of products and services designed to meet the unique coverage and claims-handling needs of businesses in two primary segments: U.S. Operations and International Operations. Argo and its insurance subsidiaries

Argo Group International Holdings, Ltd. (NYSE:ARGO) announced today that the Board of Directors declared a quarterly cash dividend of $0.31 per share on the company's common stock. The cash dividend will be paid on June 15, 2022 to shareholders of record on May 31, 2022. ABOUT ARGO GROUP INTERNATIONAL HOLDINGS LTD. Argo Group International Holdings, Ltd. (NYSE:ARGO) is an underwriter of specialty insurance products in the property and casualty market. Argo offers a full line of products and services designed to meet the unique coverage and claims-handling needs of businesses in two primary segments: U.S. Operations and International Operations. Argo and its insurance subsidiaries are rate

Argo Group International Holdings, Ltd. (NYSE:ARGO) announced today that the Board of Directors declared a quarterly cash dividend of $0.31 per share on the company's common stock. The cash dividend will be paid on March 15, 2022 to shareholders of record on February 28, 2022. ABOUT ARGO GROUP INTERNATIONAL HOLDINGS LTD. Argo Group International Holdings, Ltd. (NYSE:ARGO) is an underwriter of specialty insurance products in the property and casualty market. Argo offers a full line of products and services designed to meet the unique coverage and claims-handling needs of businesses in two primary segments: U.S. Operations and International Operations. Argo and its insurance subsidiaries ar

Argo Group International Holdings, Ltd. (NYSE:ARGO) announced today that the Board of Directors declared a quarterly cash dividend of $0.31 per share on the company's common stock. The cash dividend will be paid on December 15, 2021 to shareholders of record on November 30, 2021. ABOUT ARGO GROUP INTERNATIONAL HOLDINGS LTD. Argo Group International Holdings, Ltd. (NYSE:ARGO) is an underwriter of specialty insurance products in the property and casualty market. Argo offers a full line of products and services designed to meet the unique coverage and claims-handling needs of businesses in two primary segments: U.S. Operations and International Operations. Argo and its insurance subsidiaries

Argo Group International Holdings, Ltd. (NYSE:ARGO) announced today that the Board of Directors declared a quarterly cash dividend of $0.31 per share on the company's common stock. The cash dividend will be paid on September 15, 2021 to shareholders of record on August 31, 2021. ABOUT ARGO GROUP INTERNATIONAL HOLDINGS LTD. Argo Group International Holdings, Ltd. (NYSE:ARGO) is an underwriter of specialty insurance products in the property and casualty market. Argo offers a full line of products and services designed to meet the unique coverage and claims-handling needs of businesses in two primary segments: U.S. Operations and International Operations. Argo and its insurance subsidiaries

Argo Group International Holdings, Ltd. (NYSE:ARGO) announced today that the Board of Directors declared a quarterly cash dividend of $0.31 per share on the company's common stock. The cash dividend will be paid on June 4, 2021 to all common shareholders of record on May 21, 2021. ABOUT ARGO GROUP INTERNATIONAL HOLDINGS LTD. Argo Group International Holdings Ltd. (NYSE:ARGO) is an underwriter of specialty insurance products in the property and casualty market. Argo offers a full line of products and services designed to meet the unique coverage and claims-handling needs of businesses in two primary segments: U.S. Operations and International Operations. Argo Group and its insurance subsid

HAMILTON, Bermuda--(BUSINESS WIRE)--Argo Group International Holdings, Ltd. (NYSE: ARGO) announced today that the Board of Directors declared a quarterly cash dividend of $0.31 per share on the company’s common stock. The cash dividend will be paid on March 12, 2021 to shareholders of record on February 26, 2021. ABOUT ARGO GROUP INTERNATIONAL HOLDINGS LTD. Argo Group International Holdings Ltd. (NYSE: ARGO) is an underwriter of specialty insurance products in the property and casualty market. Argo offers a full line of products and services designed to meet the unique coverage and claims-handling needs of businesses in two primary segments: U.S. Operations and International Operat