Jason Dsouza Joins Argo Group’s Dubai Operations As Casualty And Professional Lines Underwriter

Argo Group International Holdings, Ltd. (NasdaqGS: AGII), an international underwriter of specialty insurance and reinsurance products, announced today that Jason Dsouza has joined Argo Re (DIFC) Ltd. in Dubai as a casualty and professional lines underwriter. He will report to Argo Re (DIFC) Chief Underwriting Officer Lina Hantas.

“We’re pleased to have Jason join our operations in Dubai,” said Argo Re (DIFC) Senior Executive Officer Tony Cabot. “Jason’s capabilities, coupled with his experience and existing broker relationships, complement the rest of the underwriting team, as we look to offer expanded product lines in an important, growing market.”

Mr. Dsouza has significant casualty underwriting experience on international accounts for two well-known international insurance companies in India and the United Arab Emirates. Prior to joining Argo Re, he was a casualty underwriter for Chartis Memsa Holdings, Inc, and a process analyst and junior underwriter for AXA Business Services.

Argo Re (DIFC) Ltd. was established in September 2011. It is a subsidiary of Argo Re, Ltd. in Bermuda, and a fully licensed insurance manager and intermediary in Dubai. The operation, which serves as Argo Group's hub for the MENA Region, focuses on casualty, professional and financial lines insurance.

ABOUT ARGO GROUP INTERNATIONAL HOLDINGS, LTD.

Argo Group International Holdings, Ltd. (NasdaqGS: AGII) is an international underwriter of specialty insurance and reinsurance products in the property and casualty market. 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 insurance subsidiaries are A. M. Best-rated 'A' (Excellent) (third highest rating out of 16 rating classifications) with a stable outlook, and Argo's U.S. insurance subsidiaries are Standard and Poor's-rated 'A-' (Strong) with a stable outlook. More information on Argo Group and its subsidiaries is available at 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.

Copyright Business Wire 2010

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