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Top Stories / Ad / Most Recent
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AIG ended the day down 6.2%, while AFG fell 5.5%.
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The executive played a key management role in a group that has raised more than $1bn in the last year.
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The offering will be used to repay the remaining $125mn of a loan and provide working capital for growth.
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The estimate is in line with Argo's earlier projection and will likely precede additional announcements from the sector in the coming weeks.
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In the equivocal macro environment heading into Q2 results, P&C stocks outperformed the market.
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CEO Kevin Rehnberg continues to reshape Argo management following Mark Watson III’s departure.
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Sources say the carrier’s group head of cyber Paul Miskovich has left his post.
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Proceeds of the 30-year bond sale are earmarked for “general corporate purposes”.
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The number of dissenting voters for Watford's director nominees, 27%, was up from 13% at last year’s AGM, which was held just five months ago.
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The execs are set to leave the firm after a combined 26 years at Argo and its predecessor companies.
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Sirius’ ownership and governance structure still creates scope for progress to signing to be complicated.
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Shares in the carrier rise more than 4 percent in the New York morning.
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