Brookfield Reinsurance Completes Buy of Argo Group; Snyder Named Argo CEO
Brookfield Reinsurance's $1.1 billion acquisition of Argo Group International Holdings has been completed and Jessica Snyder was appointed chief executive
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Brookfield Reinsurance's $1.1 billion acquisition of Argo Group International Holdings has been completed and Jessica Snyder was appointed chief executive
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Argo’s Q4 2020 Losses from Natural Disasters and COVID-19 Estimated at $51M February 3, 2021 Argo Group International Holdings Ltd. estimates losses from fourth quarter 2020 natural catastrophes and the COVID-19 pandemic will hit $51 million. Breaking down the overall total, Bermuda-based Argo expects to report Q4 natural catastrophe losses of approximately $38 million, primarily related to Hurricanes Delta and Zeta as well as changes in estimated losses from third quarter 2020 events. Approximately two-thirds of the natural catastrophe losses were genera...