AGIIL Profile
Argo Group International Holdings, Ltd. (AGIIL) is a publicly-traded specialty insurance company that provides a wide range of insurance and reinsurance products to clients in various industries. The company is headquartered in Hamilton, Bermuda, and has offices in several countries around the world, including the United States, United Kingdom, and Singapore.
Argo Group offers a diverse set of insurance products, including casualty, property, professional liability, and surety coverage. The company also provides a range of services, including claims management, loss control, and risk consulting. Argo Group primarily serves clients in the construction, energy, financial services, healthcare, and transportation industries.
As of September 2021, Argo Group had a market capitalization of over $2 billion. The company reported total assets of $10.6 billion and total liabilities of $7.4 billion as of June 30, 2021. In 2020, the company generated $2.4 billion in net premiums written and reported a net loss of $199.7 million.
Argo Group has faced some challenges in recent years, including regulatory investigations related to accounting practices and a decline in its share price. The company has implemented a number of initiatives to address these issues, including appointing a new CEO, improving its financial reporting processes, and streamlining its business operations.
Overall, Argo Group is a well-established specialty insurance company that offers a broad range of insurance products and services to clients in various industries. While the company has faced some challenges in recent years, it has taken steps to address these issues and remains focused on delivering value to its shareholders and clients.
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