Argo Group Promotes Matthew Wilken to President of Argo Re
HAMILTON, Bermuda -- November 20, 2013
Argo Group International Holdings, Ltd. (NASDAQ:AGII), an international
underwriter of specialty insurance and reinsurance products, announced today
that Matthew Wilken has been promoted to president of Argo Re. In his new
role, Mr. Wilken will oversee the company’s property catastrophe reinsurance
operations based in Bermuda.
Mr. Wilken will be taking over as president from Andrew Carrier, who has held
dual roles as group chief underwriting officer for Argo Group and president of
Argo Re since 2011. Mr. Carrier, who led the formation of Argo Re from its
beginning in 2007, will continue in his role as group chief underwriting
officer for Argo Group. Mr. Wilken joined Argo Group in 2008 and previously
served as chief underwriting officer, property risks at Argo Re. Prior to
joining the company, Mr. Wilken held progressively responsible roles in
reinsurance underwriting at Kiln & Co. in London. In his new role, which is
pending approval from the Bermuda Department of Immigration, Mr. Wilken will
report to Argo Group Chief Executive Officer Mark E. Watson III.
“I have the utmost respect for Matthew’s underwriting ability and he has been
integral to the establishment and growth of Argo Re,” commented Mr. Carrier.
“More importantly, his leadership skills will ensure that our team and our
reinsurance business continue to thrive.”
“Andrew and Matthew and the entire team at Argo Re have done an excellent job
establishing a meaningful Bermuda-based reinsurance platform for Argo Group
over the past five years,” commented Mr. Watson. “Since 2011, Andrew has had
the additional responsibility of overseeing enterprise-wide underwriting for
business that has expanded in both scope and geography. This is an ideal time
to turn the helm of Argo Re over to Matthew, whose proven leadership and
underwriting skills are well-respected at Argo Group and throughout the
About Argo Re
Argo Re, a subsidiary of Argo Group International Holdings, Ltd. was
established in Bermuda in 2007 to underwrite short-tail reinsurance lines
exposed to property catastrophe risks. Argo Re focuses on underwriting
property catastrophe excess of loss reinsurance as well as property per risk
and pro rata reinsurance on a select basis. Reinsurance underwritten by Argo
Re covers underlying exposures that are located throughout the world,
including the United States.
About Argo Group
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 insurance subsidiaries are A.M. Best-rated ‘A’ (Excellent) and Argo
Group’s U.S. insurance subsidiaries are Standard & Poor’s-rated ‘A-’ (Strong).
For more information visit www.argolimited.com.
Argo Group International Holdings, Ltd.
Lisa Scannell, 617-235-6138
VP, Marketing & Communications
Press spacebar to pause and continue. Press esc to stop.