Argo Group Releases 2017 Mid-Year Report
August 30 2017 - 12:04PM
Business Wire
Argo Group International Holdings, Ltd. (NASDAQ: AGII), an
international underwriter of specialty insurance and reinsurance
products, today released its digital 2017 Mid-Year Report available
at argolimited.com. The report discusses current market
conditions and provides updates on Argo’s U.S. and international
operations segments.
“Steady on our strategic course to be a leading, global
specialty underwriter, we once again achieved strong results for
our shareholders,” writes Argo Group CEO Mark E. Watson III in his
letter to shareholders.
In addition to updates on Argo’s segments, the report explains
the company’s strategy to ensure high performance in a tough
environment. It emphasizes the company’s strong leadership team,
diversified portfolio, intimate customer relationships, and
increasingly digital products.
“Ours is an industry designed to help businesses stay in
business. We won’t lose sight of our mission,” writes Watson.
While announcing Argo’s strong results, Watson acknowledged the
devastation wrought by Hurricane Harvey, which made landfall in
Texas on August 25. “High winds and torrential rains continue to
cause catastrophic damage and injury, and we all know that the
effects will be felt for months,” he said. “We should recognize the
courage and tenacity of our clients, colleagues and relatives in
the storm’s path.”
ABOUT ARGO GROUP INTERNATIONAL HOLDINGS, LTD
Argo Group International Holdings, Ltd. (NASDAQ: AGII) is an
international underwriter of specialty insurance and reinsurance
products in the property and casualty market. Through its operating
subsidiaries, Argo Group offers a full line of products and
services designed to meet the unique coverage and claims handling
needs of businesses in four primary segments: Excess & Surplus
Lines, Commercial Specialty, International Specialty and Syndicate
1200. Argo Group’s worldwide insurance subsidiaries are rated ‘A’
(Excellent) by A.M. Best with a stable outlook and its U.S.
insurance subsidiaries are rated ‘A-’ (Strong) by Standard &
Poor’s with a stable outlook. For more information, visit
www.argolimited.com.
FORWARD-LOOKING STATEMENTS
This release and the referenced 2017 Mid-Year Report may include
forward-looking statements, both with respect to Argo Group and its
industry, that reflect our current views with respect to future
events and financial performance. These statements are made
pursuant to the safe harbor provisions of the Private Securities
Litigation Reform Act of 1995. For further information, please see
the Forward-Looking Statements disclosure in the 2017 Mid-Year
report.
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Argo GroupMedia RelationsDavid Snowden, +1 210-321-2104
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