{"id":728412,"date":"2023-02-02T16:29:24","date_gmt":"2023-02-02T21:29:24","guid":{"rendered":"https:\/\/www.marketnewsdesk.com\/index.php\/argo-group-announces-closing-of-lloyds-syndicate-1200-transaction\/"},"modified":"2023-02-02T16:29:24","modified_gmt":"2023-02-02T21:29:24","slug":"argo-group-announces-closing-of-lloyds-syndicate-1200-transaction","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/argo-group-announces-closing-of-lloyds-syndicate-1200-transaction\/","title":{"rendered":"Argo Group Announces Closing of Lloyd\u2019s Syndicate 1200 Transaction"},"content":{"rendered":"<p>        <!--.bwalignc { text-align: center; list-style-position: inside }body {font:normal small Arial,Helvetica,sans-serif;color:#000;background-color:#fff;padding:24px;margin:0;} a img {border:0;} h3 {font-size:medium;color:#000;margin:0 0 1em 0; text-align:center;}-->  <\/p>\n<p class=\"bwalignc\"><b>Argo Group Announces Closing of Lloyd\u2019s Syndicate 1200 Transaction<\/b><\/p>\n<p>HAMILTON, Bermuda&#8211;(<a href=\"http:\/\/www.businesswire.com\">BUSINESS WIRE<\/a>)&#8211;<br \/>\nArgo Group International Holdings, Ltd. (NYSE: ARGO) (\u201cArgo\u201d) today announced the completion of its previously announced sale of Argo Underwriting Agency Limited and its Lloyd\u2019s Syndicate 1200 to Westfield.\n<\/p>\n<p>\n\u201cWe are pleased to complete this transaction,\u201d said Thomas A. Bradley, Argo\u2019s executive chairman and chief executive officer. \u201cWe thank our Lloyd\u2019s team members for their work and dedication to our business over the years, and we are confident they will have a bright future ahead with Westfield.\u201d\n<\/p>\n<p>\nGoldman Sachs &amp; Co. LLC served as financial advisor and Skadden, Arps, Slate, Meagher &amp; Flom LLP served as legal counsel to Argo.\n<\/p>\n<p><b>ABOUT ARGO GROUP INTERNATIONAL HOLDINGS, LTD.<\/b><\/p>\n<p>\nArgo Group International Holdings, Ltd. (NYSE: ARGO) is a U.S. focused underwriter of specialty insurance products in the property and casualty market. Argo offers a full line of products and services designed to meet the unique coverage and claims-handling needs of businesses. Argo and its insurance subsidiaries are rated \u2018A-\u2019 by Standard and Poor\u2019s. Argo\u2019s insurance subsidiaries are rated \u2018A-\u2019 by A.M. Best. More information on Argo and its subsidiaries is available at <a rel=\"nofollow\" href=\"http:\/\/www.argogroup.com\">www.argogroup.com<\/a>.\n<\/p>\n<p><img decoding=\"async\" alt=\"\" src=\"https:\/\/cts.businesswire.com\/ct\/CT?id=bwnews&amp;sty=20230131006072r1&amp;sid=flmnd&amp;distro=nx&amp;lang=en\" style=\"width:0;height:0\" \/><span class=\"bwct31415\" \/><\/p>\n<p id=\"mmgallerylink\"><span id=\"mmgallerylink-phrase\">View source version on businesswire.com: <\/span><span id=\"mmgallerylink-link\"><a href=\"https:\/\/www.businesswire.com\/news\/home\/20230131006072\/en\/\" rel=\"nofollow\">https:\/\/www.businesswire.com\/news\/home\/20230131006072\/en\/<\/a><\/span><\/p>\n<p><b>Investors:<br \/>\n<\/b><br \/>Andrew Hersom<br \/>\n<br \/>Head of Investor Relations<br \/>\n<br \/>860-970-5845<br \/>\n<br \/><a rel=\"nofollow\" href=\"mailto:andrew.hersom@argogroupus.com\">andrew.hersom@argogroupus.com<\/a><\/p>\n<p>\nGregory Charpentier<br \/>\n<br \/>AVP, Investor Relations and Corporate Finance<br \/>\n<br \/>978-387-4150<br \/>\n<br \/><a rel=\"nofollow\" href=\"mailto:gregory.charpentier@argogroupus.com\">gregory.charpentier@argogroupus.com<\/a><\/p>\n<p><b>Media:<br \/>\n<br \/><\/b>David Snowden<br \/>\n<br \/>Senior Vice President, Group Communications<br \/>\n<br \/>210-321-2104<br \/>\n<br \/><a rel=\"nofollow\" href=\"mailto:david.snowden@argogroupus.com\">david.snowden@argogroupus.com<\/a><\/p>\n<p><b>KEYWORDS:<\/b> Caribbean United States Bermuda North America Texas<\/p>\n<p><b>INDUSTRY KEYWORDS:<\/b> Professional Services Insurance Finance<\/p>\n<p><b>MEDIA:<\/b><\/p>\n<table cellpadding=\"3\" cellspacing=\"3\">\n<tr>\n<td><font face=\"Arial\" size=\"2\"><b>Logo<\/b><\/font><\/td>\n<\/tr>\n<tr>\n<td><img decoding=\"async\" src=\"https:\/\/mms.businesswire.com\/media\/20230131006072\/en\/1701612\/3\/New_Argo_Logo.jpg\" alt=\"Logo\" \/><\/td>\n<\/tr>\n<tr>\n<td><font face=\"Arial\" size=\"2\"><\/font><\/td>\n<\/tr>\n<\/table>\n","protected":false},"excerpt":{"rendered":"<p>Argo Group Announces Closing of Lloyd\u2019s Syndicate 1200 Transaction HAMILTON, Bermuda&#8211;(BUSINESS WIRE)&#8211; Argo Group International Holdings, Ltd. (NYSE: ARGO) (\u201cArgo\u201d) today announced the completion of its previously announced sale of Argo Underwriting Agency Limited and its Lloyd\u2019s Syndicate 1200 to Westfield. \u201cWe are pleased to complete this transaction,\u201d said Thomas A. Bradley, Argo\u2019s executive chairman and chief executive officer. \u201cWe thank our Lloyd\u2019s team members for their work and dedication to our business over the years, and we are confident they will have a bright future ahead with Westfield.\u201d Goldman Sachs &amp; Co. LLC served as financial advisor and Skadden, Arps, Slate, Meagher &amp; Flom LLP served as legal counsel to Argo. ABOUT ARGO GROUP INTERNATIONAL HOLDINGS, LTD. Argo Group &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/www.marketnewsdesk.com\/index.php\/argo-group-announces-closing-of-lloyds-syndicate-1200-transaction\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;Argo Group Announces Closing of Lloyd\u2019s Syndicate 1200 Transaction&#8221;<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-728412","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.4 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Argo Group Announces Closing of Lloyd\u2019s Syndicate 1200 Transaction - Market Newsdesk<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.marketnewsdesk.com\/index.php\/argo-group-announces-closing-of-lloyds-syndicate-1200-transaction\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Argo Group Announces Closing of Lloyd\u2019s Syndicate 1200 Transaction - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"Argo Group Announces Closing of Lloyd\u2019s Syndicate 1200 Transaction HAMILTON, Bermuda&#8211;(BUSINESS WIRE)&#8211; Argo Group International Holdings, Ltd. (NYSE: ARGO) (\u201cArgo\u201d) today announced the completion of its previously announced sale of Argo Underwriting Agency Limited and its Lloyd\u2019s Syndicate 1200 to Westfield. \u201cWe are pleased to complete this transaction,\u201d said Thomas A. Bradley, Argo\u2019s executive chairman and chief executive officer. \u201cWe thank our Lloyd\u2019s team members for their work and dedication to our business over the years, and we are confident they will have a bright future ahead with Westfield.\u201d Goldman Sachs &amp; Co. LLC served as financial advisor and Skadden, Arps, Slate, Meagher &amp; Flom LLP served as legal counsel to Argo. ABOUT ARGO GROUP INTERNATIONAL HOLDINGS, LTD. Argo Group &hellip; Continue reading &quot;Argo Group Announces Closing of Lloyd\u2019s Syndicate 1200 Transaction&quot;\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.marketnewsdesk.com\/index.php\/argo-group-announces-closing-of-lloyds-syndicate-1200-transaction\/\" \/>\n<meta property=\"og:site_name\" content=\"Market Newsdesk\" \/>\n<meta property=\"article:published_time\" content=\"2023-02-02T21:29:24+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/cts.businesswire.com\/ct\/CT?id=bwnews&amp;sty=20230131006072r1&amp;sid=flmnd&amp;distro=nx&amp;lang=en\" \/>\n<meta name=\"author\" content=\"Newsdesk\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Newsdesk\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/argo-group-announces-closing-of-lloyds-syndicate-1200-transaction\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/argo-group-announces-closing-of-lloyds-syndicate-1200-transaction\\\/\"},\"author\":{\"name\":\"Newsdesk\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/#\\\/schema\\\/person\\\/482f27a394d4fda80ecb5499e519d979\"},\"headline\":\"Argo Group Announces Closing of Lloyd\u2019s Syndicate 1200 Transaction\",\"datePublished\":\"2023-02-02T21:29:24+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/argo-group-announces-closing-of-lloyds-syndicate-1200-transaction\\\/\"},\"wordCount\":281,\"image\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/argo-group-announces-closing-of-lloyds-syndicate-1200-transaction\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/cts.businesswire.com\\\/ct\\\/CT?id=bwnews&amp;sty=20230131006072r1&amp;sid=flmnd&amp;distro=nx&amp;lang=en\",\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/argo-group-announces-closing-of-lloyds-syndicate-1200-transaction\\\/\",\"url\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/argo-group-announces-closing-of-lloyds-syndicate-1200-transaction\\\/\",\"name\":\"Argo Group Announces Closing of Lloyd\u2019s Syndicate 1200 Transaction - 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(NYSE: ARGO) (\u201cArgo\u201d) today announced the completion of its previously announced sale of Argo Underwriting Agency Limited and its Lloyd\u2019s Syndicate 1200 to Westfield. \u201cWe are pleased to complete this transaction,\u201d said Thomas A. Bradley, Argo\u2019s executive chairman and chief executive officer. \u201cWe thank our Lloyd\u2019s team members for their work and dedication to our business over the years, and we are confident they will have a bright future ahead with Westfield.\u201d Goldman Sachs &amp; Co. LLC served as financial advisor and Skadden, Arps, Slate, Meagher &amp; Flom LLP served as legal counsel to Argo. ABOUT ARGO GROUP INTERNATIONAL HOLDINGS, LTD. 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