– BERMUDA, Pembroke – Argo Group International Holdings, Ltd. (NYSE: ARGO), an international underwriter of specialty insurance and reinsurance products, today announced the election of Bernard C. Bailey, Fred R. Donner and Argo Group CEO Kevin J. Rehnberg to the Board of Directors as hree new board members.
“Today marks several noteworthy milestones for Argo,” said Thomas A. Bradley, Board chairman. “We appreciate the support from our shareholders approving meaningful governance enhancements and the election of the board. We are also pleased to welcome three new directors to the board who join with a tremendous amount of experience that will serve the company well as we look to the future.
“On behalf of the entire board, I would also like to thank the former directors for completing their board tenure. The company has grown significantly and evolved into a strong specialty insurer under their direction. We appreciate their leadership, commitment and contributions to positioning this company for future success.”
Five former directors are retiring from the board, including former Board Chairman Gary V. Woods, F. Sedgwick Brown, Hector De Leon, Mural R. Josephson and John R. Power.
Shareholders also approved proposals to reduce the maximum board size from 13 to 11 directors and to declassify the board – voting on the full board annually.
About Argo Group International Holdings, Ltd
Argo Group International Holdings, Ltd. (NYSE: ARGO), is an underwriter of specialty insurance and reinsurance products in the property and casualty market. Argo Group 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’s insurance subsidiaries are A.M. Best–rated “A-” (Excellent), and Argo Group’s U.S. insurance subsidiaries are Standard and Poor’s–rated “A-”.
For more information: https://www.argolimited.com
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