Argo
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An SEC investigation into corporate perks suggests “potential shortcomings in Argo’s governance framework”, S&P said.
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A forensic auditor found that benefits to former CEO Mark Watson were either ‘not disclosed or incorrectly disclosed’ to investors. -
Argo's bad week just keep's getting worse, with even AM Best twisting the knife.
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The moves comes after a subpoena by the US Securities and Exchange Commission and the departure of CEO Mark Watson III.
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Incoming CEO Rehnberg said he is “not satisfied” with Bermudian's Q3 performance
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The activist investment firm criticised Watson’s expected $7.6mn exit payout.
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Argo's bad week appears to have just gotten a lot worse, with potentially more to come.
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The refund of a potential $2.23mn is likely to add fuel to activist Voce’s campaign at the carrier.
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The outgoing CEO of Argo spoke to this publication as he stood down after almost 20 years.
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Head of Americas Kevin Rehnberg will take over from Watson on an interim basis.
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Argo CEO Mark Watson III is stepping down with immediate effect. We see four key takeaways.
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Tim Carter formerly served as CUO for global commercial insurance at AIG.
Related
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Argo snags Vantage exec Parella as new CCO
January 07, 2025 -
Argo shelves sale of Bermuda excess insurance business
June 13, 2024