HAMILTON, Bermuda – April 28, 2020 – Argo Group International Holdings, Ltd. (NYSE: ARGO), an international underwriter of specialty insurance and reinsurance, today announced its employees and the Argo Foundation have contributed more than $100,000 to support the COVID-19 Emergency Fund.
“The Argo Foundation recognizes the critical needs that have arisen during the COVID-19 crisis,” said William Wharton, head of Argo Insurance Bermuda and chair of the Argo Foundation. “The Foundation board voted to donate $25,000 to the Emergency Fund managed by the Bermuda Community Foundation,” he said. “We will, of course, continue to support other local charities, as the future still remains quite uncertain. As a company, we look forward to doing our part to ensure Bermuda’s future.”
“Argo Group has a culture of giving that extends to our employees,” added Ryan Mather, global head of reinsurance. “Many have generously donated personal funds to support the Emergency Fund. By utilizing the Argo Group charitable matching program, we have worked together to create a bigger impact than any of us could do alone.
“We care deeply about how this crisis is affecting the community and want to do what we can to support our community.”
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ABOUT ARGO GROUP INTERNATIONAL HOLDINGS, LTD.
Argo Group International Holdings, Ltd. (NYSE: ARGO), is an 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 two primary segments: U.S. Operations and International Operations. Argo Group’s insurance subsidiaries are A.M. Best–rated “A-” (Excellent), and Argo Group’s U.S. insurance subsidiaries are Standard and Poor’s–rated “A-” (Strong). More information on Argo Group and its subsidiaries is available at argolimited-stage.com.
ABOUT THE BERMUDA COMMUNITY FOUNDATION
The Bermuda Community Foundation’s (BCF) is a limited liability and segregated accounts company, registered as Bermuda charity #948. Its mission is to create an enduring source of funds forever dedicated to the good of Bermuda. BCF aims to improve and strengthen Bermuda’s social sector by assisting donors of all kinds to make the most of their generosity. As a public grantmaking foundation, its resources go toward creating a permanent asset base for the public benefit by fundraising, stewarding and investing charitable gifts from the community, grantmaking, and responsibly managing its operations. BCF was founded in 2013 by The Atlantic Philanthropies, the Buchanan Charitable Fund and RenaissanceRe with support from private donors and nonprofits that established their own endowed agency funds to be managed at the foundation. Bloomberg Philanthropies, Hemera Foundation, XL Foundation, and Meritus Trust Company also made key contributions. BCF benefits from the professional support of Conyers Dill & Pearman and from PwC, which conducts its annual audit pro bono. For more information, please visit bermudacommunityfoundation.org.
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