-----BEGIN PRIVACY-ENHANCED MESSAGE-----
Proc-Type: 2001,MIC-CLEAR
Originator-Name: webmaster@www.sec.gov
Originator-Key-Asymmetric:
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 TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB
MIC-Info: RSA-MD5,RSA,
 QObymOJtz06B1vuHo62QqRTvz6NttHTik/Md9GsgDG9UOb5QYYlPTPs5FiATCV2p
 AUftHIkiJgPT/AIpbzrGHA==

<SEC-DOCUMENT>0001181431-09-016370.txt : 20090318
<SEC-HEADER>0001181431-09-016370.hdr.sgml : 20090318
<ACCEPTANCE-DATETIME>20090318210538
ACCESSION NUMBER:		0001181431-09-016370
CONFORMED SUBMISSION TYPE:	4
PUBLIC DOCUMENT COUNT:		1
CONFORMED PERIOD OF REPORT:	20090316
FILED AS OF DATE:		20090318
DATE AS OF CHANGE:		20090318

REPORTING-OWNER:	

	OWNER DATA:	
		COMPANY CONFORMED NAME:			WATSON MARK E III
		CENTRAL INDEX KEY:			0001211317

	FILING VALUES:
		FORM TYPE:		4
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	001-15259
		FILM NUMBER:		09692130

	MAIL ADDRESS:	
		STREET 1:		10101 REUNION PLACE, STE 500
		CITY:			SAN ANTONIO
		STATE:			TX
		ZIP:			78216

ISSUER:		

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			Argo Group International Holdings, Ltd.
		CENTRAL INDEX KEY:			0001091748
		STANDARD INDUSTRIAL CLASSIFICATION:	TITLE INSURANCE [6361]
		IRS NUMBER:				980214719
		FISCAL YEAR END:			1231

	BUSINESS ADDRESS:	
		STREET 1:		110 PITTS BAY ROAD
		CITY:			PEMBROKE
		STATE:			D0
		ZIP:			HM 08
		BUSINESS PHONE:		4412965858

	MAIL ADDRESS:	
		STREET 1:		110 PITTS BAY ROAD
		CITY:			PEMBROKE
		STATE:			D0
		ZIP:			HM 08

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	PXRE GROUP LTD
		DATE OF NAME CHANGE:	19990724
</SEC-HEADER>
<DOCUMENT>
<TYPE>4
<SEQUENCE>1
<FILENAME>rrd237791.xml
<DESCRIPTION>FORM 4
<TEXT>
<XML>
<?xml version="1.0"?>
<ownershipDocument>

    <schemaVersion>X0303</schemaVersion>

    <documentType>4</documentType>

    <periodOfReport>2009-03-16</periodOfReport>

    <notSubjectToSection16>0</notSubjectToSection16>

    <issuer>
        <issuerCik>0001091748</issuerCik>
        <issuerName>Argo Group International Holdings, Ltd.</issuerName>
        <issuerTradingSymbol>AGII</issuerTradingSymbol>
    </issuer>

    <reportingOwner>
        <reportingOwnerId>
            <rptOwnerCik>0001211317</rptOwnerCik>
            <rptOwnerName>WATSON MARK E III</rptOwnerName>
        </reportingOwnerId>
        <reportingOwnerAddress>
            <rptOwnerStreet1>ARGO GROUP INTERNATIONAL HOLDINGS, LTD.</rptOwnerStreet1>
            <rptOwnerStreet2>110 PITTS BAY ROAD</rptOwnerStreet2>
            <rptOwnerCity>PEMBROKE, HM 08</rptOwnerCity>
            <rptOwnerState>D0</rptOwnerState>
            <rptOwnerZipCode></rptOwnerZipCode>
            <rptOwnerStateDescription>BERMUDA</rptOwnerStateDescription>
        </reportingOwnerAddress>
        <reportingOwnerRelationship>
            <isDirector>1</isDirector>
            <isOfficer>1</isOfficer>
            <isTenPercentOwner>0</isTenPercentOwner>
            <isOther>0</isOther>
            <officerTitle>President  and CEO</officerTitle>
        </reportingOwnerRelationship>
    </reportingOwner>

    <nonDerivativeTable>
        <nonDerivativeTransaction>
            <securityTitle>
                <value>Common Stock</value>
            </securityTitle>
            <transactionDate>
                <value>2009-03-16</value>
            </transactionDate>
            <transactionCoding>
                <transactionFormType>4</transactionFormType>
                <transactionCode>P</transactionCode>
                <equitySwapInvolved>0</equitySwapInvolved>
            </transactionCoding>
            <transactionAmounts>
                <transactionShares>
                    <value>17000</value>
                </transactionShares>
                <transactionPricePerShare>
                    <value>28.9879</value>
                    <footnoteId id="F1"/>
                </transactionPricePerShare>
                <transactionAcquiredDisposedCode>
                    <value>A</value>
                </transactionAcquiredDisposedCode>
            </transactionAmounts>
            <postTransactionAmounts>
                <sharesOwnedFollowingTransaction>
                    <value>231317</value>
                </sharesOwnedFollowingTransaction>
            </postTransactionAmounts>
            <ownershipNature>
                <directOrIndirectOwnership>
                    <value>D</value>
                </directOrIndirectOwnership>
            </ownershipNature>
        </nonDerivativeTransaction>
    </nonDerivativeTable>

    <footnotes>
        <footnote id="F1">Weighted average purchase price.  Actual purchase prices ranged from $28.84 to $29.00.</footnote>
    </footnotes>

    <ownerSignature>
        <signatureName>/s/ Mark E. Watson III</signatureName>
        <signatureDate>2009-03-18</signatureDate>
    </ownerSignature>
</ownershipDocument>
</XML>
</TEXT>
</DOCUMENT>
</SEC-DOCUMENT>
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