Argo Group International Holdings, Ltd. (NASDAQ: AGII), an international underwriter of specialty insurance and reinsurance products, announced today that Kevin J. Rehnberg has been selected to head its US operations. As president of Argo Group US, Mr. Rehnberg will be based in its San Antonio headquarters and oversee all activities of the Company’s US business segments.
“As we’ve grown Argo Group over the past several years, we concentrated a great deal on expanding our specialty operations platforms. Now is the ideal time to amplify our focus on our US markets and Kevin is the ideal person to lead that charge,” said Argo Group President and Chief Executive Officer Mark E. Watson III. “He brings a strong record of profitable growth in specialty lines businesses and an outstanding reputation in the industry. We’re very excited to have him join our executive team.”
Previously, Rehnberg served as executive vice president for specialty lines at OneBeacon Insurance where he oversaw its existing specialty underwriting operations while acquiring and building out new lines of specialty business. He held similar senior executive positions at The St. Paul Travelers Companies, Liberty International and The Chubb Corporation. Most recently, Rehnberg has served as CEO of Consultants in Laboratory Medicine of Greater Toledo, Inc.
About Argo Group International Holdings, Ltd.Argo Group International Holdings, Ltd. (NASDAQ: AGII) is an international underwriter of specialty insurance and reinsurance products in the property and casualty market. Through its operating subsidiaries, Argo Group offers a full line of products and services designed to meet the unique coverage and claims handling needs of businesses in four primary segments: Excess & Surplus Lines, Commercial Specialty, International Specialty and Syndicate 1200. Argo Group’s worldwide insurance subsidiaries are rated ‘A’ (Excellent) by A.M. Best with a stable outlook and its U.S. insurance subsidiaries are rated ‘A-’ (Strong) by Standard & Poor’s with a stable outlook. For more information, visit www.argolimited.com. FORWARD-LOOKING STATEMENTS This press release contains certain statements that are "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934, as amended. Such statements are qualified by the inherent risks and uncertainties surrounding future expectations generally and also may differ materially from actual future experience involving any one or more of such statements. For a more detailed discussion of such risks and uncertainties, see Argo Group's filings with the SEC. The inclusion of a forward-looking statement herein should not be regarded as a representation by Argo Group that Argo Group's objectives will be achieved. Argo Group undertakes no obligation to publicly update forward-looking statements, whether as a result of new information, future events or otherwise.
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