Argo appoints Simon Rees as Chief Underwriting Officer
He brings over 20 years of global insurance and reinsurance experience and is based in New York City, strengthening underwriting capabilities and profitable growth.
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Specialty property and casualty insurance underwriter
argogroup.comLast updated
In short: Argo was acquired by Brookfield Reinsurance for $1.1 billion, and its shares ceased trading on the NYSE.
He brings over 20 years of global insurance and reinsurance experience and is based in New York City, strengthening underwriting capabilities and profitable growth.
Redemption occurs September 15, 2025; Argo also intends to delist the securities from the NYSE and deregister them with the SEC.
It bought all outstanding shares for $30 each; Argo's shares have ceased trading on the NYSE. Jessica Snyder becomes CEO, succeeding Thomas Bradley.
It has received a majority of required regulatory approvals for its pending merger with Brookfield Reinsurance, extending the outside date to February 8, 2024.
Argo Group International is an investment grade insurance company that was purchased by Brookfield Reinsurance not too long ago. At current interest rates, if ARGO-A...
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