Argonaut Group

Argo Group International Holdings, Ltd. (Argo Group) is an international underwriter of specialty insurance and reinsurance products in the property and casualty market. During the year ended December 31, 2009, Argo Group’s operations included four ongoing business segments: Excess and Surplus Lines, Commercial Specialty, Reinsurance and International Specialty. Additionally, the Company has a Run-off Lines segment for products it no longer underwrites. Three operations are included in Argo Group’s Excess and Surplus Lines business segment: Colony Group, Argo Pro and Argonaut Specialty. Its Commercial Specialty segment provides property casualty and surety coverages. The Reinsurance segment underwrites international and United States reinsurance business. The International Specialty segment is focused on underwriting worldwide property and non United States liability insurance on behalf of underwriting syndicates, under the Lloyd’s of London (Lloyd’s) global franchise.