Argo

Inside P&C’s news team runs you through the key highlights of the week.

Inside P&C’s morning summary of the key stories to get you up to speed fast.

It is understood that the carrier, which is currently going through a sale process, is being advised by TigerRisk.

Inside P&C’s morning summary of the key stories to get you up to speed fast.

The board retained Goldman Sachs to advise in April, and the investment bank has been running a sales process.

Current CEO Bradley will receive 78,760 shares of restricted stock over a 12-month period, as well as 135,000 stock appreciation rights with an exercise price of $43.80.

Inside P&C’s morning summary of the key stories to get you up to speed fast.

Kevin Rehnberg, who has been out on leave for health reasons since March 2022, is stepping down from the top role and the board of directors.

KPMG has been appointed to succeed its Big Four rival as the up-for-sale Bermudian tries to turn the page on its delayed annual filings.

Selling Argo may be harder than you think given its Lloyd’s operation and questions around balance sheet strength.

Insurers could face pressure if interest rate and recession fears intersect with worsening loss cost trends.

Last month, Argo’s board announced they were looking at an “exploration of strategic alternatives” for the company.