February 6, 2020 / 8:41 PM / 12 days ago

BRIEF-Argo Group Announces Agreement To Sell Trident Public Risk Solutions To Paragon Insurance Holdings, Llc

Feb 6 (Reuters) - Argo Group International Holdings Ltd :

* PRESS RELEASE - ARGO GROUP ANNOUNCES AGREEMENT TO SELL TRIDENT PUBLIC RISK SOLUTIONS TO PARAGON INSURANCE HOLDINGS, LLC

* ARGO GROUP INTERNATIONAL HOLDINGS LTD - ARGO EXPECTS TO REPORT A PRE-TAX GAIN OF APPROXIMATELY $37 MILLION RELATED TO TRANSACTION

* ARGO GROUP INTERNATIONAL - ARGO WILL RETAIN TRIDENT’S CLAIMS OPERATIONS AND WILL PROVIDE CLAIMS SERVICES TO PARAGON FOR PUBLIC ENTITY BUSINESS

* ARGO GROUP INTERNATIONAL HOLDINGS LTD - PARAGON WILL CONTINUE TO WRITE BUSINESS ON ARGO PAPER THROUGH A MANAGING GENERAL AGENCY AGREEMENT

* ARGO GROUP INTERNATIONAL - ALL EXISTING TRIDENT POLICIES AND PRODUCTS WILL REMAIN VALID AND AVAILABLE Source text for Eikon: Further company coverage:

0 : 0
  • narrow-browser-and-phone
  • medium-browser-and-portrait-tablet
  • landscape-tablet
  • medium-wide-browser
  • wide-browser-and-larger
  • medium-browser-and-landscape-tablet
  • medium-wide-browser-and-larger
  • above-phone
  • portrait-tablet-and-above
  • above-portrait-tablet
  • landscape-tablet-and-above
  • landscape-tablet-and-medium-wide-browser
  • portrait-tablet-and-below
  • landscape-tablet-and-below