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Argo Group International Holdings, Inc, or Argo Group (NYSE: ARGO/PA; NYSE: ARGD), is a U.S.-based underwriter of specialty insurance products in the property and casualty market. [1] It and its insurance subsidiaries are rated "A−" by Standard & Poor's. Argo's insurance subsidiaries are rated "A−" by AM Best.
The term "underwriting" derives from the Lloyd's of London insurance market. Financial backers (or risk takers), who would accept some of the risk on a given venture (historically a sea voyage with associated risks of shipwreck) in exchange for a premium, would literally write their names under the risk information that was written on a Lloyd's slip created for this purpose.
Underwriting profit is a term used in the insurance industry. It consists of the earned premium remaining after losses have been paid and administrative expenses have been deducted. It does not include any investment income earned on held premiums. Many companies will eschew underwriting profit in order to gain a greater market share.
Yes, it’s possible to purchase life insurance with pre-existing conditions, though your options and premiums will depend on the severity of your condition and the insurer’s underwriting criteria.
In 1997, the company acquired Managed Group Underwriting. [18] In 1998, the company acquired Guarantee Insurance Resources. [19] In 1999, the company acquired Centris Group Inc. (insurance company). [20] The same year, the company also acquired Midwest Stop Loss Underwriters. In 2002, the company acquired Dickson Manchester Ltd. and MAG Global ...
An entity which provides insurance is known as an insurer, insurance company, insurance carrier, or underwriter. A person or entity who buys insurance is known as a policyholder, while a person or entity covered under the policy is called an insured. The insurance transaction involves the policyholder assuming a guaranteed, known, and ...
NJM was the first company to receive J.D. Power’s Personal Auto Claims Certification in 2018. [32] In 2019, J.D. Power ranked NJM Insurance Company among the best for overall satisfaction in its U.S. Auto Insurance Study. [33] In 2019, Forbes included NJM on its list of America’s Best Employers by State [34] and Best Midsize Employers. [35]
Insurance company: Different insurers have varying criteria for no-exam policies. For example, Fidelity Life asks for your employment status when you request a quote for no-exam life insurance.
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