OverviewSuggest Edit

Argo Group International Holdings, Ltd. (NasdaqGS: AGII) is a specialty insurance provider. Our products help power the businesses that drive the world economy. We approach our chosen markets with unmatched expertise, a spirit of innovation and sense of urgency in everything we do. Argo Group provides specialty property & casualty insurance, reinsurance and managed risk solutions.

TypePublic
Founded1986
HQBM
Websiteargolimited.com
Employee Ratings3.6

Latest Updates

Employees (est.) (Dec 2018)1,411(+4%)
Job Openings791
Revenue (FY, 2019)$2 B(+10%)
Share Price (Oct 2020)$35.7 (+2%)
Cybersecurity ratingCMore

Key People/Management at Argo Group

Gary V. Woods

Gary V. Woods

Chairman
Sarah Morgan

Sarah Morgan

VP, Property Reinsurance
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Argo Group Office Locations

Argo Group has offices in Hamilton, Addison, Alpharetta, Boston and in 23 other locations
Hamilton, BM
110 Pitts Bay Road
Paris, FR
13-15 Rue Taitbout
Milano, IT
Viale Abruzzi, 94
Roma, IT
Via Guido d'Arezzo, 14
San Ġiljan, MT
Dragonara Road Saint Julian's St Julian's
Baar, CH
Lindenstrasse 2
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Argo Group Financials and Metrics

Argo Group Revenue

Argo Group's revenue was reported to be $1.97 b in FY, 2019
USD

Net income (Q2, 2020)

(6.4m)

Market capitalization (15-Oct-2020)

1.2b

Closing stock price (15-Oct-2020)

35.7

Cash (30-Jun-2020)

187.7m

EV

1.3b
Argo Group's current market capitalization is $1.2 b.
Annual
USDFY, 2010FY, 2011FY, 2012FY, 2013FY, 2014FY, 2015FY, 2016FY, 2017FY, 2018FY, 2019

Revenue

1.4b1.3b1.3b1.5b1.5b1.5b1.6b1.8b1.8b2.0b

Revenue growth, %

(4%)6%

Cost of goods sold

777.5m863.1m747.6m742.0m747.4m

Gross profit

607.0m395.3m588.7m728.2m771.3m
Quarterly
USDQ2, 2010Q3, 2010Q1, 2011Q2, 2011Q3, 2011Q1, 2012Q2, 2012Q3, 2012Q1, 2013Q2, 2013Q3, 2013Q1, 2014Q2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018Q3, 2018Q1, 2019Q2, 2019Q3, 2019Q1, 2020Q2, 2020

Revenue

362.4m333.3m297.2m336.0m303.5m323.1m318.0m344.5m341.6m364.0m364.0m360.1m375.2m372.9m371.4m373.1m372.0m370.1m384.3m416.7m428.1m451.0m439.2m437.0m463.3m498.9m509.2m488.6m487.4m436.5m

Cost of goods sold

215.9m176.9m273.8m191.0m199.6m165.8m175.8m186.3m170.5m192.7m190.9m182.5m185.1m191.9m183.7m190.6m

Gross profit

146.5m156.4m23.4m145.0m103.9m157.3m142.2m158.2m171.1m171.3m173.1m177.6m190.1m181.0m187.7m182.5m

Gross profit Margin, %

40%47%8%43%34%49%45%46%50%47%48%49%51%49%51%49%
USDQ2, 2010

Financial Leverage

4.1 x
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Argo Group Operating Metrics

Argo Group's Reported Claims, units was reported to be 20.3 k in FY, 2016.
FY, 2014FY, 2015FY, 2016

Reported Claims, units

27.14 k24.68 k20.31 k
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Argo Group Cybersecurity Score

Cybersecurity ratingPremium dataset

C

75/100

SecurityScorecard logo

Argo Group Revenue Breakdown

Embed Graph

Argo Group revenue breakdown by business segment: 34.4% from Excess and Surplus Lines, 25.8% from Commercial Specialty, 11.0% from International Specialty, 28.8% from Syndicate 1200 and 0.0% from Other

Argo Group Online and Social Media Presence

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Argo Group News and Updates

Argo Group Blogs

Argo Group Reports 2020 Second Quarter Results

Improved Underlying Results: GWP of $800 million, with 5.9% growth in the U.S. and 3.5% on a consolidated basis; combined ratio of 100.3% and CAY ex-CAT combined ratio of 93.0%; strongest U.S. underwriting income in Argo history. Operational Enhancement Actions: Announced new executive leadership te…

Argo Prices Public Offering of $150 Million of Depositary Shares Representing Its Resettable Fixed Rate Perpetual Non-Cumulative Preference Shares

HAMILTON, Bermuda—July 7, 2020 (BUSINESS WIRE) – Argo Group International Holdings, Ltd. (NYSE: ARGO) (“Argo” or the “Company”), an underwriter of specialty insurance and reinsurance products, has priced an underwritten public offering of 6,000,000 Depositary Shares, each of which represents a 1/100…

Argo Group Announces Executive Leadership Responsibilities

HAMILTON, Bermuda – July 6, 2020 – Argo Group International Holdings Ltd. (NYSE: ARGO) (“Argo” or “the company”), an underwriter of specialty insurance and reinsurance products, today announced an update to its senior leadership team responsibilities and the launch of an outside search for a chief f…

Argo Group Schedules Second Quarter 2020 Earnings Release and Conference Call

HAMILTON, Bermuda – July 2, 2020 – Argo Group International Holdings, Ltd. (“Argo” or the “company”) (NYSE: ARGO), announced today it will release 2020 second quarter financial results after the close of U.S. financial markets on Monday, August 3, 2020. Company management will conduct an investor co…
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Argo Group Frequently Asked Questions

  • When was Argo Group founded?

    Argo Group was founded in 1986.

  • Who are Argo Group key executives?

    Argo Group's key executives are Gary V. Woods and Sarah Morgan.

  • How many employees does Argo Group have?

    Argo Group has 1,411 employees.

  • What is Argo Group revenue?

    Latest Argo Group annual revenue is $2 b.

  • What is Argo Group revenue per employee?

    Latest Argo Group revenue per employee is $1.4 m.

  • Who are Argo Group competitors?

    Competitors of Argo Group include Brown & Brown, Navigators and Axis Capital.

  • Where are Argo Group offices?

    Argo Group has offices in Hamilton, Addison, Alpharetta, Boston and in 23 other locations.

  • How many offices does Argo Group have?

    Argo Group has 31 offices.